You look great. You’re wearing your $100 shirt, your $150 dollar pants, the $300 watch and the $200 dollar shoes. Even better you just took out a great lease on a Hummer that with insurance now costs you $700 per month. When you walk into the coffee shop, bar or dance club everyone looks in your direction.
The sad news is that you just paid for $750 dollars for an outfit that simply is way overpriced. In reality you probably could have bought 7 outfits for the same price. Spending more for your clothing doesn’t necessarily mean that you look better.
The first thing we should consider is that much of the price in clothing is the label. For example the shirt actually costs $1.50 in China to produce and a reasonable company might sell it for $20 off the rack. However, since it has the Gucci, Armani or Express label it will be sold for an additional $100 or more.
Americans have what is called a “consumer culture”. Consumer culture means that we purchase items until we can’t purchase no more. Thus many Americans are heavily indebted to car companies, mortgage companies and credit card companies. They live pay check to pay check because they love to spend.
There are plenty of places to buy cheaper clothing that still looks great on you. You might consider finding these high priced items on sale or finding an alternative. For example, I once bought a both an Armani and a Swiss watch for $300 together. The total value of the two watches was $1,500. They both came with life-time warranties so I figured that if I can trade them in anytime they are damaged for a new one this will work out well.
The other thing you should consider before spending your entire paycheck on clothing is that flashy clothing attracts two types of woman. These types are woman who want a good life and those that want you to spend money on them. Of course there is nothing wrong with a woman who wants to upgrade into a good life but ethically I reject woman who simply want me to spend money on them.
The laughable thing is that the women who prefer the money are only attracted to you because you look like you have money. They don’t realize that you have no money left because you spent it on expensive clothing to look rich. More importantly, they find a great opportunity to get Gucci and Armani clothing through you because they can’t afford to pay for it either.
It is much better to be a millionaire than to look like a millionaire. If you have ever read the book “The Millionaire Next Door” you will know what I am talking about. Millionaires don’t spend their money for labels but they will spend it for value and quality. Go out there and buy on discount, under special offers and off the clearance rack. Save your money and have a million bucks instead. No one know how much you paid for those $200 looking pants anyways.