Quote:
Originally Posted by Devious21
Less than 1% monthly income? Meaning you'd need to pull down 100k a month to justify buying a $1,000 watch? That means pulling in a half a million a month to buy a 5k Rolex?
Christ, how much f*king money are you guys making?
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1% seems a little low, I agree.
To be honest I think 10% is probably a reasonable figure. As much as it pains me to say this (because it kills me to see the middle class overextend themselves and thus mitigate any possibility of achieving financial freedom) I can
conceivably see someone making $100k or $120k buckling down and dropping $1000 on a lower end luxury watch as a one time thing.
$5000 watches are reserved for the ~$500k/year range, which also seems reasonable to me.
And so on and so forth.
10% is a good number, imho.