Saving & Spending
How Many Clothes Should You Own
By Dr Wealth  •  September 4, 2015
If you have access to this web page, having the ability to read, and looking for information about investing, I believe you have more clothes than you need. This is a first world problem and I admit I am guilty of having too many clothes that are overflowing from the wardrobe. Math can determine the number of clothes you should have. I accidentally discovered it while reading Early Retirement Extreme by Jacob Fisker. Having a Phd in Physics, Fisker is definitely strong in numbers and he proposed the use of Lanchester’s Square Law to calculate how many clothes you need. Skip the complexity of what the Law says, the key is to understand clothes’ rate of wear and tear,
[I]n our society six is typically sufficient – one for each day of the work week and one for the weekend, although if you can convince your colleagues that you still ...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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