How to build an ‘investment wardrobe’

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 90%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Investors apply a high level of scrutiny to their investments. This is how to do the same with your wardrobe.

in March that they expect their money to be invested ethically when they put it into super, the bank or other investments.Luckily, disentangling ourselves from fast fashion will generally lead to a better sense of style, Hicks says.“We loathe that moment in the morning where we get up and look at our wardrobe and feel crap about ourselves and the clothes we’re putting on. For me, it’s about trying to [erase] that very vulnerable feeling.

“Every item of clothing needs to do more than one thing and preferably two or three things,” O’Connor says.Looking at clothing through a cost-per-wear lens also helps, she says.“That’s about how many times are you going to wear that item. How heavily on rotation will it be? If it’s going to be worn multiple times throughout the week in your wardrobe then that’s an excellent cost-per-wear.”

“I can tell you from my experience in fashion that that blazer at $450 is going to last longer and make you feel better in it than that quick fix at $279,” she says. And they don’t all need to break the bank, she says. The best way to switch from a fast-fashion to investment mindset is simply to buy the best you can afford, rather than looking for the cheapest option available.

“I think that people need to figure out their personality and be confident in that, and then buy once and buy well. Have a ‘one in, one out’ rule where you’re not just accumulating more stuff.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Finally, a sensible article

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités