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Depending on how you think about it, purchasing a suit is an investment.

How so?

Because people dressed in suits get taken more seriously and (usually) get better service.

Try to take out a mortgage dressed in a T-shirt, shorts, and flip flops, and then try to do it dressed in a suit.

It sucks, but it's a real thing.

Yes, you can think about it irrationally if you like to justify your spending.