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How much do you spend on clothes in a year?

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According to at least one financial planner, you should be spending in the range of 5 percent of your monthly after-tax pay on your wardrobe. So, if you 're bringing home $3,500 after taxes, your clothing budget should be $175/month. If you 're bringing home $5,500 a month, then you can bump your budget up to $275/month.
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