One word. Investment.
(Actually, let’s make it sound a little bit more complete and not as dull by adding a bit of fun to this blog post opening …)
Six months have passed since I came to Manchester for my business degree studies and I have started to notice small changes in my mindset when talking about how I behave as a customer. To be honest I started to realize how positively obsessed I am with the things that I am learning from
Clothes, in general, can be classified as a personal asset. And assets depreciate in time, unfortunately. The useful life of each piece is gradually declining after every day. So I was curious with how much exactly? I found this document which can serve as a simple guide. There are exact percentages for the different types of apparel and equipment (https://goo.gl/4yMQ3c). But if you are like me and you don’t like account calculations, I got you:
By investing in the quality of each clothing, you are making time work for you. Because when a piece ages it will appreciate more in the future and the authenticity of the material can be priced higher compared to other apparel investments in the long run. For example, this red coat is a true statement because the quality is amazing even if it has been passed on in my family for generations. Unfortunately, I couldn’t find a lot for the company that manufactured it. I only know that it was made in Argentina with real shearling and apparently they stopped their production.
So next time you are planning on buying some cheap new clothes ask yourself if it will be worth it in the long term? What if you save some money and you buy something better? I will leave you with these “food for thought” type of questions until the next blog post. xx
Top and trousers: Thrifted (brand: unknown)
Belt: Thrifted (brand: unknown)
Jewelry: Bought them from a small shop back in Bulgaria