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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

We've all had the same dilemma: a closet full of clothes with nothing to wear. In those moments, you pull out the essentials — classic, reliable pieces that look good no matter what. When you own ...