CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

Save or splurge: Wardrobe

To get the most for your money, you need to know two things: when the good stuff is worth paying extra for and when the economy choice is plenty good enough.

Hickey Freeman Barrett<br>solid navy suit | $1,350
Special-occasion men's suit
Hickey Freeman Barrett
solid navy suit | $1,350
Save or spend: Spend
"When you see a man in a suit looking like a million bucks, you're noticing the fineness of the fabric," says Karl Spilhaus, president of the Cashmere and Camelhair Manufacturers Institute.

Problem is, the finer the fabric, the less durable it becomes. It's an unavoidable trade-off.

The solution: Splurge on one or two high-quality suits for special occasions. Start with wool rated Super 180 and above (higher numbers indicate finer thread).

Spilhaus gives high marks to Hickey Freeman for handwork and fabric.

Everyday suit

Special suit

Diamonds

Pearls

Women's jeans
The office If you're going to take your work home, shell out for a decent seat. (more)
Leisure stuff Don't handicap your wallet by paying too much for the latest gear. (more)
The kitchen Bring home the bacon and fry it up in a stainless steel, aluminum-core pan (more)
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.