What's your price comfort limit - not a budget limit

# Thread: What's your price comfort limit - not a budget limit

1. ## What's your price comfort limit - not a budget limit

Was thinking, I'm fortunate enough to be in a position where I can afford a large portion of the watches in the market. But, that doesn't mean I'm comfortable buying them. Why do I feel more at ease buying a \$500.00 watch when buying a \$2000.00 one would have the same impact on my budget - none.

Is it because watches are generally a poor investment financial wise? Is it maybe having a variety of good-enough watches is better than having a smaller amount of expensive ones?

Although I have watches ranging in price from low to high-end, I don't spend any time in the high-end section of WUS.

Our family grew up pretty poor and frugality was part of our lifestyle. I learned that SPAM could be served in about a thousand different ways. Yet, I do appreciate the finer things in life. I'll spend \$200.00 on a custom iPad case yet I drive a cheap Ford. I can't figure myself out lol.

2. ## Re: What's your price comfort limit - not a budget limit

You might find some interesting answers on a similarly related thread I did a month or so ago :)

3. ## Re: What's your price comfort limit - not a budget limit

My limit is a basic formula: \$= (a-b) / (c-d) * x
a= what I'm willing to spend at the time
b= what other significant expenses I just made or will soon make
c= what the watch costs
d= what I think the watch should cost
x= what the wife will let me get away with spending
-unless otherwise specified, x=0

Joking aside, it's just simple economics: what am I willing to give up in order to get what I want.

-hayday

4.

5. ## Re: What's your price comfort limit - not a budget limit

Maybe because you can spend the other \$1500 on some other watch(es)...

6. ## Re: What's your price comfort limit - not a budget limit

Because I still have a mortgage and my retirement account is not what it could be, I try to keep my total hobby budget below 8-10k a year. Much of that goes towards cycling gear, so my comfort level has alot to do with trade-offs. If I really want a new 3k watch, it means I'm likely not getting new carbon wheels....that kind of thing. That said, I was just given the go ahead from the wife to spend up to 7-8k on a new watch, and I instead opted to order a Speedmaster Pro and "save" the remaining budget for future use, probably on another watch....so that might say something about my comfort level as well.

7. ## Re: What's your price comfort limit - not a budget limit

For me, this thread is a about a psychological limit. I just can't bring myself to be at ease spending what for my parents was an entire annual salary. I don't even think twice when the amount is around \$1000.00 or so. And with what I spend annually, I could easily have saved and bought a Rolex GMT Master II.

8. ## Re: What's your price comfort limit - not a budget limit

What's my limit? Interesting question. I try to make only one large (1k usd+) watch purchase in a given year. With that in mind, my limit is usually what I want, if I can get it for what I feel is good value. All under 10k usd. I'm not ready to break the 5 digit threshold yet as my mortgage is still young. This is all assuming I can fit my target within my means.

I mentioned in a recent thread how only 2 years ago 600 usd for a watch gave me major heart burn. Funny how times change and how quickly that wind blows.

Sent from my SCH-I545 using Tapatalk 2

9. ## Re: What's your price comfort limit - not a budget limit

My limit is a basic formula: \$= (a-b) / (c-d) * x
a= what I'm willing to spend at the time
b= what other significant expenses I just made or will soon make
c= what the watch costs
d= what I think the watch should cost
x= what the wife will let me get away with spending
-unless otherwise specified, x=0
Most excellent!

10. ## Re: What's your price comfort limit - not a budget limit

It's all in your head...Not to say that's a bad thing....I will spend \$5K on a watch and \$300.+ on a pair of shoes but buy Wrangler
or Route 66 (K-Mart) jeans and squeeze every drop out of a toothpaste tube. It's just the way we are....IMHO we are all crazy.
P.S.
But most of you are allot crazier than me.....

11. ## Re: What's your price comfort limit - not a budget limit

Psychologically, my perceived comfort limit is tied to disposable income so as the latter rises so too does the former . . . .

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