this post was submitted on 27 Nov 2023
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[Rolex] What’s your watch buying rule? (alien.top)
submitted 11 months ago by Junekim10@alien.top to c/watches@style.land
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Hello everyone! I am a college student and I have been in love with watches for about 2 years now and have greatly expanded my knowledge and taste on watches. I was thinking about the next watch purpose just like all us watch addicts 😂 and was curious on what your rule about buying a new watch is? I am thinking of the GMT Master II but it’s $11,000 retail so I obviously should save up more than that. What are your thoughts and watch buying rule that you have set for yourself?

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[–] improvthismoment@alien.top 1 points 11 months ago

Interesting take on this. I get the concept, but I would say that "10%" might be more or might be less depending on a lot of factors:

  • Other expenses
  • Debt (you did mention this)
  • Cost of living where you live / want to live
  • Family obligations
  • Retirement
  • Financial security, in other words is your income stable or is it going go fluctuate a lot year to year

So if my parents are billionaires and I've already got housing and retirement set, then that 10% might be closer to 50% or 90%.

If I'm just barely getting by financially and live in a high cost of living area and have lots of family obligations, then that 10% "fun money" might be closer to 1%.