New clothes - how much money does it cost to look good?

How much money does it cost to look good?

I mean really good. Like, I look like I care about my looks and my clothes.

I always struggle with this concept. I'm usually so concerned about saving money and so focused on making sure everyone else has what they need. Don't get me wrong, I do hit up the Nordstrom anniversary sale or black friday...and I entertain a wonderful capsule wardrobe...

but is there room for more?

Cosmo says we should spend 5% of our take home pay on our clothes.  Hahaha I guess that's pre-day care costs?

I guess the key is making sure you have a few key pieces that work - basic pieces, follow the whole capsule wardrobe thing where every piece matches - and budgeting whatever amount suits your budget for a few splurges along the way.