How to Clean Out Your Closet

Dress shabbily and they remember the dress; dress impeccably and they remember the woman.
— Coco Chanel
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As I shared last week, confidence is super duper important when it comes to being financially successful. If you don’t feel confident, you won’t have the courage to ask for the raise or state your fee with a client. One of the best ways to boost your confidence is to wear clothes that you make you feel good.

You already know this to be true. If you’re feeling lousy one day, doesn’t your mood immediately change when you put on your favorite outfit? Not only does your mood change, but the people around you also respond differently to you.

Defining your fashion and style is part of the journey of being financially successful. I am currently working on mine and invite you to join the journey with me as I work with my wardrobe stylist, Andrea Faye. Keep reading for her tips on how to level up your sense of style.


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This upcoming year is going to be amazing because Danetha and I are joining forces to show you how to build your dream wardrobe. Between the two of us, we will not only show you how to up your style game as a professional, modern woman, but also, how to plan for it financially. As with any good habit, small changes add up to something great- so let’s move forward with this first set of takeaways.

As you may have read from last week’s Money & Mimosas, I started working with Danetha in strengthening her personal style. A great first step in honing in on your personal style is doing a “closet cleanse” which basically means gutting your entire wardrobe to only include items that are the strong points in your style.

Here are a few main points to consider in conducting a closet cleanse.

1. Empty out everything.

Seeing the contents of your closet outside of context will provide a new perspective for what you actually own. Between gifts, impulse buys, clothing that doesn’t properly fit but we still feel like keeping because we spent money on it, the list goes on… Once it’s out, you can face each item with a fresh point of view.

2. Organize your clothing by priority

Create four piles: definitely keep, maybe, donate, and throw away. Use this time as you organize to reflect on how each item makes you feel when you wear it. Any hesitation is a red flag that the item does not belong in your wardrobe. When you are done, the keep pile may be the smallest, but the positive side to this, is that the items that you do keep are the foundation to your style.

3. Think of yourself as a style icon

Reflect on the most stylish people throughout history. Despite a diverse array of personal styles out there, style icons have one main thing in common: a signature identity. The more you can define the key components of your signature, the more you can develop what it is about you that stands out. Not only will you feel more true to yourself, but you will also come across stronger to other people.

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4. Consider your lifestyle

Absolutely, you can be fashionable 100% of the time. The beauty of a well defined closet is having the variables of your multifaceted lifestyle come together and always be reflective of your individuality. Consider your activewear, loungewear, special events, work, social life, and even events that you wish to attend more of in the future.  If you have something that doesn’t represent that best version of you for each of those scenarios then toss it and we will upgrade over the coming year.

5. Design elements

If you are working with me on developing your personal style, we may identify your color palette and silhouette ahead of time. A smaller color palette (3-5 main colors) allows for more versatility when pairing items. Color is an important variable, but also, don’t forget to keep in mind prints, patterns, texture, and textiles in general. Consideration of details like these are what transitions a look from low end to sophisticated. I will cover more on this in the future both with Danetha and on my newsletter, but for now just start to wrap your mind around what type of details you are drawn too.

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6. This is self care.

Your closet may be a good point for self-reflection, but please, keep your eyes on the prize. You are doing this for yourself to become the best version of you. If anything makes you feel body conscious or brings up a memory of a fashion nightmare, anything, just acknowledge it and remind yourself from here on out we are going to up your style game. It can be hard to get rid of things for some, so imagine yourself with the wardrobe of your dreams because you can absolutely attain it.


And now I’d love to hear from you! How often do you clean out your closet? Let me know in the comments below.


If you’d like to learn more about working with Andrea, click here to apply for a consultation. Or if you have questions, you can reach out to her directly at [email protected]om


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P.S. Have you sent in your RSVP for our next Sip & Shop with the Socialites event? Click here to join the fun!

















7 Reasons Why Every BOSS Needs a Wardrobe Stylist

I like my money right where I can see it: Hanging in my closet.
— Carrie Bradshaw

Oh, Carrie. How I love you. And while I would like to officially put on the record that from a pure mathematical perspective there are other, more financially savvy places where you could hang your money --- I ALSO know through every fiber of my being that money isn’t just about math.

Life has shown me time and time again, that being financially savvy is also very much about how you feel and the intention you have behind your money decisions.

I created Money & Mimosas, because I am passionate about learning how to make money work for me and sharing my insights with you. I learned at an early age that the system was not designed for you and me. This fact used to make me sad, then very angry, and now I feel energized by this process of discovery.

Here is what I know for sure- being financially successful has very little to do with mastering a cookie cutter formula, and A LOT to do with mastering your beliefs and behaviors around money.

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One of those beliefs that needs to be squashed is that you need to budget yourself to boredom and never ever spend money on anything remotely fun until you are 1000% out of debt, have a bajillion dollars saved for a rainy day and are at least sixty-two years old.

Ok, maybe that’s an exaggeration. But, the point is that learning how to enjoy your money and have fun with it, is an important step in BEcoming financially successful.

Please note that having fun with your money must be done with intention. Mindless spending will put you on a fast track to being financially miserable. And you have to be honest with yourself if you have a habit of mindlessly (or intentionally avoiding) making financial decisions.

Shopping is one of those money decisions that is shunned by the current financial paradigm. But, buying clothes in an intentional manner, is extremely important to you being financial successful. Why? Because adorning your body is a confidence booster. And confidence, dahling, is what you need to make that money. Yassss, girl.

But, not all of us are fashionistas. And for some, shopping for clothes can be overwhelming. And as busy boss ladies, we may not have the time.

That’s why I decided to work with a wardrobe stylist. I will be the first to admit that while I love clothes, shopping is not my favorite activity. Mostly because I never know what to buy, I end up spending way too much time in the store, and I’m not always sure which styles or colors best compliment my features.

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As any boss does, I decided to find an expert and asked for help. I partnered up with Andrea Faye, the boss behind Modern AF, who is a luxury fashion designer and stylist for busy boss ladies. After working with Andrea, I now feel super confident when choosing an outfit for any function. I’ll share more details about the work we did together. For now, here are seven reasons why every boss needs to work with a wardrobe stylist.

Danetha and Andrea Faye on Money & Mimosas

Seven Reasons Why Every BOSS Needs to Work with a Wardrobe Stylist

  1. Understanding your skin tone. Working with Drea, I learned which colors highlight my undertones, making my skin glow. Versus which colors make my skin look dull and lifeless. With a stylist, you will learn which colors are your best friends and which ones need to go bye bye.

  2. Organization. A stylist will help you organize your thoughts around which outfits are best suited for which types of events. For me, my classic look at socializing events is the jumpsuit because you can dress it up or dress it down. But there are also fitness events, lounging around the house, where a jumpsuit may not be appropriate. Working with a stylist will help you think through which activities are consistent in your schedule and then determine which items you need in your closet for each of those functions.

  3. Body style. Have a hard time figuring out which style best suits your frame? Girl, you are NOT alone. It is really hard to objectively look at our beautiful bodies and know which apparel will fall the best upon it. A stylist can do that for you. And will be super loving about it, too!

  4. Your brand. Whether you run your business full-time, have a side hustle or are a freelancer, you have a brand. Your brand will attract clients and it’s important to attract the right ones. Your fashion is a big piece of your brand and a good stylist will help you look at your closet from this holistic perspective.

  5. Saves time. How often have you spent hours in a store or staring at your closet trying to find the perfect outfit for an event? Yea, it’s painful. After working with Drea, I now know how to plan outfits ahead of time for an event. Saving precious time that I can devote to the growing Money & Mimosas community.

  6. Saves money. This may seem counterintuitive, but once you know which clothes work the best for you, you can invest in classic, staple items that will last you for years to come.

  7. Confidence is priceless. Knowing what to wear, and feeling your best while wearing it, is priceless. We all want to feel confident in our skin- whether it’s during a mimosa date with the girls, a boardroom meeting, a client session, or on a date with our boo - and there is NO price tag you can put on that feeling.

And now I’d love to hear from you! Have you thought about working with a stylist? Why or why not? Let me know in the comments below.


If you’d like to learn more about working with Andrea, click here to apply for a consultation. Or if you have questions, you can reach out to her directly at [email protected]


Want more money tips? Join our insider list.

How much should you spend on clothes each month?

Sun’s out and if you’re like us, we know you are all about the summer parties. BBQs, lounging by the pool, brunch dates with the girls...and every get together needs a bougie outfit to go along with it. Because life is too short to wear boring clothes. Right?!

And unlike other money blogs, we are not going to be the ones to tell you to create a budget and eliminate your shopping sprees. Life is meant to be lived to the fullest. Yes, honey, there’s nothing like having a closet full of gorgeous clothes to declare that you are living your best life.

However, spending frivolously is a fast track to wallet depression, frustration and unnecessary stress that causes permanent wrinkles. And ain’t nobody got time for that.

Whether you shop Gap or Gucci, you need money to support your purchases and the occasional shopping spree.

Creating a monthly allowance for clothes is a great practice to develop. Every month you know that you have money set aside just for your closet needs. And in doing so, you won’t feel guilty about shopping because you won’t be going into further debt.

So if you’ve got a passion for fashion, but you feel like your wallet is suffering because of it, take these money steps so you can continue to live your best life.

Wealth Wednesday on Money & Mimosas

 

  1. Review the last three months clothes expenses. How much do you normally spend on clothes each month? This will help you better understand your money habits.

  2. Determine your monthly take-home pay and calculate 5% of it. For example, if you earn $3,000 per month (after taxes), then $150 equals 5%.

  3. Use this total as your clothing budget. You can scale up or down as needed, but 5% is a great baseline.

  4. Open up a separate account to store your clothing monies. We recommend using Radius Bank’s Hybrid Checking Account. You actually earn interest on your balance- how cool is that!

  5. Set aside money each week or month. Every time you get paid, transfer money to your clothing account. We recommend doing this during your weekly Money & Mimosas date. When you’re done, treat yo’self to a mimosa. You deserve it!

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This post is in partnership with Radius Bank.

"What's Hot" June Fashion Trends with the Walnut Creek Socialites

It’s official, summer is here! ️ Are you excited for all the pool parties, BBQs, blogger events and photoshoots?! We know we are! We are so excited about Money & Mimosas to collab with thredUP on our first ever fashion trends video. 

We LOVE thredUP because it is the perfect shopping destination for bosses, like yourself, who enjoy the finer things in life and care about being financially and environmentally responsible.

They are the largest secondhand online store and carry brands from Gucci to Gap! 

We partnered with THE Bay Area's fashion trendsetter, Shalini of Dress Up to Dazzle to put together some some HOT fashion looks. For all you bosses looking for some fashion inspo for this summer’s hottest events, check out this fun video collab...

Here are the deets from the looks!

Shalini's Look:

Romper - Ella Moss

Value - $242

thredUp's Price - $60.99

Shoes - Nine West

Value - $119

thredUp's Price - $28.99

For Shalini's outfit, we wanted to go for a look that looks like you spent hours putting together but in reality only took a few minutes!  Rompers are so easy to put on and looks like you put a lot of effort getting ready. 

Shalini from Dress Up to Dazzle

The Ella Moss romper is a vibrant pastel blue/periwinkle with a subtle polka dot pattern and has gorgeous lace/crochet detailing on the shoulders and the back.  It has cute ruffle detailing at the bottom to make it girly and flirty, and a wrap top which is very trendy. 

For the finishing touches, we added a pastel yellow peep toe heel to contrast the color of the romper and make the outfit pop even more for spring time. 

Danetha from Money & Mimosas

Danetha's Look:

Shorts - American Eagle

Value - $49.95

thredUP's price - $17.99

Shirt - Forever 21

Value - $12

thredUP's Price - $4.99

Jacket - Gap

Value - $89

thredUP's price - $23.99

Shoes - Rocket Dog

thredUP's price - $59

Our Price  - $17.99

Crossbody - Unbranded

Value - $60

Our Price - $27.99

Danetha on Money & Mimosas

For Danetha's outfit, we wanted to go for a sporty/casual chic look.  Denim cut offs are a staple for the warm weather.  The floral embroidery and the pop of red at the bottom takes this look to the next level. 

Instead of wearing a plain white tee, we added a crotchet crop top to give the look a little more depth and girly spring feel without being over the top. 

To tie the look all together we threw on a cropped green utility jacket, a circle cross body, and added cutout brown heeled booties which are spring wardrobe essentials!

Danetha & Shalini on Money & Mimosas

What are your favorite pieces from these two looks? Let us know in the comments!