a few excerpts from an article i felt hit on some solid points regarding what we spend for our gear . . . and i must admit it is very hard to really put this into practice - i've been trying to do it myself for a minute
It’s better to have one good pair of shoes than a half dozen cheap ones, because the cheap ones look cheap even when they’re new, but the new ones look good even when they’re old. Quality by definition is the best you can get for your money. If you buy a pair of shoes for $500 and they last you 10 years, that’s $50 per year. If you buy a pair for $100 and they last you six months, which was the more expensive? I think the Old Money WASP guys were just cheap, so they always bought the best.
IS: Sure: Yankee frugality.
BB: Yes, that’s what I think it’s about. And the best always is the cheapest, if you have the money to buy it in the first place. The way we do it today is ask how much it costs. Nobody asks how much it costs over its lifetime — it’s just the initial price. And if you only look at the initial price, you’re going to get screwed every time.
if you can live by this standard chances are you will build a solid, timeless wardrobe