There are plenty of reasons people go in debt: medical bills, college, car payments, and living in New York. Clothing shouldn't be one of those reasons. While we're all for copping that expensive grail piece and living off ramen for a couple of weeks if you HAVE to, it's not a preferable lifestyle choice. There are more things in life to splurge on than big-ticket clothing items. Like you know, dating people, eating good food, and traveling.