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What Is A Reasonable Clothing Budget
What Is A Reasonable Clothing Budget -
For example if you want to spend 100 each month on clothes you d need to be on an annual salary of 30 000 A 150 monthly fashion budget requires an annual salary of 48 000 and you d need to earn 89 000 per year in order to justify spending 250 per month on shoes and clothes
According to Dunn you should spend 5 of your monthly income on clothing To find the exact dollar amount you should be spending per month multiply your take home pay by 0 05 For example if your monthly take home pay is 3000 you should spend around 150 per month on clothing
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Article 3 Minute Read How Much Should Your Clothing Budget Be PSECU Most financial experts recommend spending no more than 5 of your monthly take home pay on clothing Depending on your salary and spending habits that percentage may seem like too little or too much
According to award winning financial planner Pete Dunn you should spend 5 of your monthly budget on clothing To find the exact dollar amount you should be spending per month multiply your take home pay by 05
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What s the hard and fast rule for spending limits when it comes to clothing for both work and play How much should you spend on clothing in one year Let s find out The Five Percent Rule Most financial experts say around 5 of your budget So take whatever your monthly pay is and multiply it by 05
A helpful rule of thumb is that your clothing budget should be between 2 7 of your monthly income If you have a partner you ll want to sit down and have a chat about the exact figure Decide right at the beginning what your budget includes so you know where you stand
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According to Dunn you should spend 5 of your monthly income on clothing To find the exact dollar amount you should be spending per month multiply your take home pay by 0 05 For example if your monthly take home pay is 3000 you should spend around 150 per month on clothing
https://chatelaine.com/living/budgeting/how-much...
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
According to Dunn you should spend 5 of your monthly income on clothing To find the exact dollar amount you should be spending per month multiply your take home pay by 0 05 For example if your monthly take home pay is 3000 you should spend around 150 per month on clothing
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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