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How Would You Build A Classic Wardrobe With $1,000

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If I had $1,000 to spend to invest in a business wardrobe, here are the pieces I’d choose.

1. 3 piece herringbone suit: Ann Taylor

jacket ($288) + skirt ($98) + pants ($128) = $514

herringbone suit How Would You Build A Classic Wardrobe With $1,000 herringbone pants How Would You Build A Classic Wardrobe With $1,000

2. Pinstriped suit: Ann Taylor, jacket ($228) + pants ($128) = $356 total

pinstripe suit How Would You Build A Classic Wardrobe With $1,000

4. Crisp white shirt: Banana Republic, $58 white shirt How Would You Build A Classic Wardrobe With $1,000

5. Sweater: cashmere, v-neck, Banana Republic, $128cashmere v neck How Would You Build A Classic Wardrobe With $1,000

I guess I love blacks and greys.

Rationalizing

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There are probably better rates out there, but I’ve decided to put $1,000 into Emigrant Direct’s “My Way” CD. For a minimum deposit of $1,000 and a maturity of at least 6 months, you will earn 5.20%. ING Direct has lowered their 1-year CD rate to 5.10%, so I figured this might be a good time to lock in some rates.

Speaking of money, I am thinking to just say fudge it! and take my bonus on a trip to Europe. I won’t have any time to travel in the next two years, so shouldn’t I go while I have the chance?

But… that money’s probably better served in a 529 plan (which I will do a post on once I’ve researched it some more). Damn you, rational mind!