Depends on your life situation, if you are looking to get to the next level in life, a good set of clothing would suit you good. The looks will have a impact on what kind of job you could get, and what kind of social reputation you would build. If that however is already set - or you don't really have any high-end goals for where you'd want to go - then just go with the simple clothing. It's the bigger picture that tells you where you would be in the next 5-10 years.