The best reason to have a cheap collection

..is you don't need to worry about your shit getting stolen. 

All my personal belongings fit in a large pencil case (not including my work tools and basic crap I need to live). 3 cheap watches and a few other bits. 

I have some old but good headphones. A few pocket tools. A reliable phone. Etc.

And someday I do want to get a video game racing wheel again. (Can use it on my work computer). It's really fun with pedals and gear shifter. And it's great for listening to educational stuff for hours without getting bored. 

Of course I have a refrigerator and basic clothing and furniture. This just falls into the "crap I need to live" category and none of it is at risk of being stolen. 

I do have work tools but that's work. Not much I can do about that. 

But I can leave the house not worrying that my crap will get stolen. And if it does it's not the end of the world. 

And I don't feel I'm missing much. I love going to shopping malls and just looking at nice stuff. But I have no desire to fill my shelves with it. 

Plus there are other benefits. Like you can spend less hours working when you don't spend much money. Free time to spend with other humans or pets or traveling etc.

Just my 3 cents. 😁

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Having things stolen, regardless of value is off-putting. I had work kit stolen from my car, that cost me nothing, but I still wasn't happy about it. 

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There's a lot to be said for being frugal. My advice is to make sure you're not denying yourself. Some people don't think they deserve good things in their lives. I know, because I used to be like that. 

Buying one expensive watch might not be a big deal to some people, but for me it was the beginning of realising that I deserved to be happy and not so relentlessly hard on myself. That translated into being more forgiving to other people and not being so serious and wound up. 

It's also worth noting that since then, I've become a shameless enabler of watch purchasing. So take my comments with a pinch of salt 😂

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KristianG

Having things stolen, regardless of value is off-putting. I had work kit stolen from my car, that cost me nothing, but I still wasn't happy about it. 

Of course. But imagine if it cost you $10 grand. 😬

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Richierich

There's a lot to be said for being frugal. My advice is to make sure you're not denying yourself. Some people don't think they deserve good things in their lives. I know, because I used to be like that. 

Buying one expensive watch might not be a big deal to some people, but for me it was the beginning of realising that I deserved to be happy and not so relentlessly hard on myself. That translated into being more forgiving to other people and not being so serious and wound up. 

It's also worth noting that since then, I've become a shameless enabler of watch purchasing. So take my comments with a pinch of salt 😂

Lol good point

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Richierich

There's a lot to be said for being frugal. My advice is to make sure you're not denying yourself. Some people don't think they deserve good things in their lives. I know, because I used to be like that. 

Buying one expensive watch might not be a big deal to some people, but for me it was the beginning of realising that I deserved to be happy and not so relentlessly hard on myself. That translated into being more forgiving to other people and not being so serious and wound up. 

It's also worth noting that since then, I've become a shameless enabler of watch purchasing. So take my comments with a pinch of salt 😂

Lot of value & wisdom in this comment.

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CitizenKale

Of course. But imagine if it cost you $10 grand. 😬

That's what insurance is for. 

Yes, yes, another expense, but a small one & worth it for a watch that would have both monetary & sentimental value.

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UnholiestJedi

That's what insurance is for. 

Yes, yes, another expense, but a small one & worth it for a watch that would have both monetary & sentimental value.

Yeah but statistically insurance costs significantly more than the risk of losing your watch.

That's why they make a huge profit.

I guess it makes sense in some scenarios where the loss would be catastrophic but in my opinion more often than not it's just throwing money down the drain. Plus there's no guarantee they will pay out.

It's fine if that's what you want. Technically most watch purchases are a waste of money too (which is fine because we enjoy them).

But the whole insurance thing puts a big dent in the theory that watches are an investment. I imagine over 10 years the insurance is far more than what most watches gain in value.