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Money Talks News: Romney vs. Obama—How They Spend Their Money


The Romneys

Mitt Romney’s longstanding reputation for wearing tailored suits and ties traces back to his early days at Bain Capital. Back in 2007, when Time Magazine put Romney on its cover, the headline read, “Sure, He Looks Like a President.”

More recently, however, Romney has been opting for Kirkland-brand dress shirts that cost $18 a piece at Costco – which media rumors suggest is a strategy to better relate to everyday Americans on the campaign trail.

Ann Romney claims she’s an avid Costco shopper as well, but has also been seen sporting pricey attire: Her $990 Krakoff T-shirt drew criticism this spring after her appearance on CBS “This Morning.”

In August, a knee-length Oscar de la Renta dress that Ann wore during a speech at the Republican National Convention in Tampa, Fla., also created buzz. The Financial Times’ fashion editor, Vanessa Friedman, said the dress cost somewhere between $2,090 and $2,490.

(AP Photo/J. Scott Applewhite)

More from Money Talks News:
5 Things to Consider For a Less Taxing Retirement
How to Replace Lost, Stolen, or Destroyed Personal Paperwork
Ask Stacy: Is It Too Late for a Happy Retirement?

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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