It’s important to consider your financial health as one of your priorities. Ideally, as soon as you start earning, you already have a practical financial plan that will allow you to retire in comfort and style. And there are tried and tested ways to pull that off.
For starters, there’s good old saving. At least 20% of your monthly income should go to a dedicated savings account. And once you have enough money tucked away, start looking into investment opportunities.
In that regard, you have an array of options, including real estate, bonds and stocks, and a startup business, to name a few. Doing these simple money tricks will give you the peace of mind to live a good life today, without neglecting your financial future.
You may also include investing in timeless fashion pieces in your financial plan. After all, if you look good, you feel good. If you’re dressed well, and you carry yourself with pride and dignity, people will see what you’re worth. You will have better career prospects, which, as a result, will benefit your finances. That is on top of the fact that you deserve to splurge from time to time as a way to reward yourself for all of your hard work.
So, which fashion pieces should your money go to?
Vintage Watch. Nothing says you’re a go-getter better than a vintage watch around your wrist. Whether you’re a man or a woman, this is a purchase worth your money. Vintage watches are like real estate. The more they age, the more valuable they become.
So you’re basically wearing an investment piece that appreciates as you breathe. Brands to consider include Richard Mille, Patek Philippe, Vacheron Constantin, and good old Rolex.
When choosing from iconic watches, consider your lifestyle. For example, if you stay active, you can’t go wrong with a sporty style.
Dependable Bag. You need a go-to bag that can do double duty. Consider something you can take to a corporate meeting but won’t look out of place at a social gathering attended by networks that can help you go places.
For women, a Birkin bag from Hermès does the job. If you don’t have enough moolah saved for a brand-new Hermès, you can visit Farfetch for secondhand listings. For men, there’s a paper-leather cross-body bag from Bottega Veneta that’s both stylish and cool, simple but not basic.
Walkable Boots. Everyone who takes their wardrobe seriously should keep a pair of Dr. Martens boots handy. The brand’s price range is more expensive than most shoe brands but a pair is far from a splurge. Considering how it’ll likely last you decades, you’re definitely getting more than your money’s worth.
Dr. Martens makes boots for both men and women. They’re inclusive that way. So if you’re shopping with your spouse or partner, you don’t have to store hop to find the best pair of boots.
Classic Blazer. A classic blazer is pretty flexible. You can wear it to a meeting. Or a party. Have it over a plain white shirt paired with blue jeans or a buttoned-down shirt matched with khaki pants. Either way, you’ll look great and you’ll achieve whatever objective you have in mind.
Invest in a few quality blazers. It’s smart to purchase different cuts and colors. That way you’ll have more freedom in mixing and matching outfits. Try not to play safe with an all-black ensemble of blazers.
Leather Jacket. A leather jacket will never go out of style. And you don’t have to drive a Harley-Davidson to don one— although it would be really cool if you did.
Wearing a leather jacket easily gives you the oomph factor. Maybe you’re a serious corporate stakeholder in the morning and, at night, when you arrive at a club in a leather jacket, people will know you have punk and fun in you. Expect to spend between $300 and $1,000 on a quality leather jacket.
Jewelry Pieces. One can look especially prettier with the right jewelry pieces. So splurge a little to stuff your jewelry box with those shiny little things. Go gold, if you must. They don’t go out of style. And they will always look classy.
Diversify your jewelry box with pearls. And if you can afford to include a diamond in there, consider your stash set.
Sunglasses. A pair of good sunglasses can protect your eyes from harmful UV rays. They also protect the skin around your eyes from fine lines since the sun makes you squint a lot sans sunglasses. So consider this a practical purchase.
And so that your pair lasts you a long time, invest in a good brand that’s synonymous with luxury and dependability.
Yes, you need to be smart with your finances. But that should not come at the expense of you looking sloppy. Keep in mind that how you present yourself to the world has an impact on what the world brings to your door. If you look like a winner and feel like a winner, the world will make you a winner.
In the end, the money you invest in fashion through timeless wardrobe pieces and accessories will be worth it. Done right, your shopping smarts will prove advantageous to your short and long-term financial plans.