9 Expenses to Slash NOW If You Want to Retire Early

expenses
Photo by GaudiLab from Shutterstock

6. Clothing and Footwear

The average spent by US households: $1,754

One of the most effective ways to slash clothing expenses is to shop at secondhand shops or thrift stores. But this doesn’t mean that you have to sacrifice quality.

But here’s the thing: sometimes, even brand-new clothes have loose stitches or patterns that don’t align. The first thing you have to do is stop purchasing low-quality clothing, including ones made out of synthetic fabrics like acrylic, polyester, and nylon.

Shopping for secondhand clothes may take some time as you have to check every item to make sure it’s in good condition, but it’s worthwhile. You’ll be able to save a lot of money!

There are also many online sites selling gently used clothing, including designer and brand-name items.

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