How much money do you spend on clothing each year? I spend about $100 and that’s for name brands. How do I do it? By visiting the local thrift store you can find clothing at discounts up to 90% off retail prices. The trick is to go shopping at several different thrift stores and to go on days when they are having a 25% or 50% off sale. If you go to a thrift store in a more affluent neighborhood, you can find better stuff. We usually go once a month and I only buy one or two items per visit. This makes the hunt for the best deal more fun. It’s also a good way to get rid of old clothes and get a tax write-off for the donation.