Every weekday I wake up and pick an outfit out of my “Fredonia Closet.” Yes, I have a separate closet for all my Fredonia-branded clothes.
Hanging on the rack are my favorite Fredonia t-shirts and all my Fredonia polos. On the top shelf are my shorts and athletic pants. On the bottom shelf are underwear, socks, and extra t-shirts. I could close my eyes and have an 85% chance of picking an outfit I like.
The only time I buy new clothes is when the old ones get stained or get holes them. This seems radical. It isn’t.
Consider England in the 19th Century:
If you were a single woman in Victorian England it was important that you had nice clothes. Nice clothes were a status symbol, a sign that you came from wealth and were someone worth marrying. Marriage was important because you needed a man to provide for you; women certainly weren’t expected to enter the workforce. You went to a “Victorian Ball” to find a man to marry, and it was sacrilege to wear the same dress twice.
Nobody thinks like that anymore, yet countless women have adopted that unnecessary habit of buying enough clothes for an entire neighborhood. I know female student-athletes who only do laundry three times per semester because they have so many clothes to pick from.
Take the money you’d normally spend on clothes and invest it instead. Pay off your student loans or credit card debt. Save it. Spend it on something you actually value, because you don’t actually value your 57th pair of pants.
Investing money leads to freedom. Spending it on clothes is a kind of prison that keeps you trapped.