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How much should you spend on clothing?

Updated: Monday, 13 Feb 2012, 1:57 PM EST
Published : Monday, 13 Feb 2012, 1:57 PM EST

    How much should you spend on clothing? How much should you spend on clothing? When you consider the family budget and all the other expenses how much should you spend on what you wear. Pete the Planner breaks down the percentage of your take-home pay that can be spent on your duds. Don't forget to include dry cleaning and repairs when setting that money aside.
     

    -5% of your take-home pay
    -includes cleaning and repairs
    -includes all the members of your house
    -reduce other spending to spend more on clothes
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