Three years ago, I decided to cut way back on clothing purchases since I'm older and retired. I figured I could use my existing clothing stock for at least 10 years and would probably only need athletic socks. (After three years, I now would add underwear to the likely list of needed items before 10 years. :-)
For the past three years, I've been pretty good at not making "unnecessary" clothing purchases. So far, I've only purchased athletic socks and a couple sports shoes. However, some clothing is wearing out faster than I expected. In particular, wrinkle free khaki pants seem to only last a couple years before becoming "yard work" clothing. Otherwise, I haven't even purchased underwear.
However, last week, I was at a end of season golf apparel sale. I found a pair of golf shoes that were a perfect fit, which almost never happens for me. Then I found a shirt with my spouse's college emblem on it. The shoes were 25% off, the shirt was 66% off and I received an additional 10% off. So I was able to purchase everything for 20% less than the original cost of the shoes.
So I broke my boycott of buying unnecessary clothes since my current golf shoes should last a couple more years and I don't need another shirt, even with a college logo. I guess I shouldn't feel too bad. After all, I did hold back for three full years and actually, it feels good to have a new shirt in my wardrobe. However, I still have the receipt and can return the purchases if I'm overcome by buyer's remorse.
For more on Reaping the Rewards, check back every Friday for a new segment.
This is not financial or wardrobe advice. Please consult a professional advisor.
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