It really varies. When I was building my primary collection, maybe 5 to 10. But I don’t really consider the acquisitions against annual income. Sometimes it’s a moment of opportunity. For instance, both my Glashutte Original watches were kinda spontaneous. I wanted the PanoMatic and saw it at a great price. So I snatched it up quickly. The Senator Navigator was the first time I saw a flieger B type dial, and was immediately something I wanted. But I never once pit the decision against annual income. A decision to purchase is much more about the deal and opportunity.
Never kept track but everybody eats and the lights haven't been shut off. Probably somewhere between not as much as I want to spend and more than I should.
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
That's great discipline bro! Hold on ... You still get Christmas and birthday money? LOL 🤣 I get tighty whities and socks 😭
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
Varies, doesn't it. I've only bought (pre-ordered) one watch this year, so under 3%, but last year was a big year with two Longines and my Air King, so more like 10%
Last year blew up my 5% budget set aside for watches but it was a special lifetime occasion. I was retiring after 35 Years in the workforce. Spend over $15K including tax on this bad boy but how often you retire?
Annual income is pretty irrelevant IMO. A more useful % could potentially be net worth. Also total value of collection is useful too. People like me who regularly buy and sell watches can spend insane amounts in a year be recoup much of that money through sales.
Some years 1% and other years up to 10%. Factoring my entire watch hobby budget (watches, mods, straps, accessories, tools) it averages to 5% over the past few years. I keep a neat spreadsheet with every little expense to keep the buying addiction in check.
It really varies. When I was building my primary collection, maybe 5 to 10. But I don’t really consider the acquisitions against annual income. Sometimes it’s a moment of opportunity. For instance, both my Glashutte Original watches were kinda spontaneous. I wanted the PanoMatic and saw it at a great price. So I snatched it up quickly. The Senator Navigator was the first time I saw a flieger B type dial, and was immediately something I wanted. But I never once pit the decision against annual income. A decision to purchase is much more about the deal and opportunity.
Yeah, I don't factor it against annual income either. Do I have spare money to spend? I can buy a watch if I want to. Is my spare money running low? Hold off on a watch purchase for a bit. Those are my rules and it's worked well for me.
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Post tax 😂
It really varies. When I was building my primary collection, maybe 5 to 10. But I don’t really consider the acquisitions against annual income. Sometimes it’s a moment of opportunity. For instance, both my Glashutte Original watches were kinda spontaneous. I wanted the PanoMatic and saw it at a great price. So I snatched it up quickly. The Senator Navigator was the first time I saw a flieger B type dial, and was immediately something I wanted. But I never once pit the decision against annual income. A decision to purchase is much more about the deal and opportunity.
Never kept track but everybody eats and the lights haven't been shut off. Probably somewhere between not as much as I want to spend and more than I should.
depends on the year! Last year I bought A LOT. This year only one so far and it was a cheapy.
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
I accumulate Amazon gift cards thru my work which fuels my Casio addiction.
Otherwise, good old fashion saving for the other stuff.
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
That's great discipline bro! Hold on ... You still get Christmas and birthday money? LOL 🤣 I get tighty whities and socks 😭
I’m invoking the 5th 😆
I am not going to take the money with me. But at least I can be buried with all my watches.. like an Egyptian pharaoh.
I honestly don’t know. I bought a lot for a while but I’m trying to slow down. And as always, I try to give my wishlist a hard look.
With a family to support, I don’t spend earnings from my job on watches. I just save my Christmas and birthday money and spend that, guilt free.
It usually means I can buy a cheap digital whenever I want and then maybe a Seiko 5, or I can save for a couple years and get a decent microbrand, which is what I’m doing now.
That’s a very responsible way to go about it.
Varies, doesn't it. I've only bought (pre-ordered) one watch this year, so under 3%, but last year was a big year with two Longines and my Air King, so more like 10%
Last year blew up my 5% budget set aside for watches but it was a special lifetime occasion. I was retiring after 35 Years in the workforce. Spend over $15K including tax on this bad boy but how often you retire?
FYI, My wife wasn't very happy about it. 🙄
It varies greatly. This year I went big, and I don't think I'll ever surpass it again.
Annual income is pretty irrelevant IMO. A more useful % could potentially be net worth. Also total value of collection is useful too. People like me who regularly buy and sell watches can spend insane amounts in a year be recoup much of that money through sales.
Some years 1% and other years up to 10%. Factoring my entire watch hobby budget (watches, mods, straps, accessories, tools) it averages to 5% over the past few years. I keep a neat spreadsheet with every little expense to keep the buying addiction in check.
Too much 😔🤣
That's great discipline bro! Hold on ... You still get Christmas and birthday money? LOL 🤣 I get tighty whities and socks 😭
Lol, I have very sweet in-laws. Started dating their daughter as a teenager and 20 years and two kids later I guess they still think of me that way 😆
It really varies. When I was building my primary collection, maybe 5 to 10. But I don’t really consider the acquisitions against annual income. Sometimes it’s a moment of opportunity. For instance, both my Glashutte Original watches were kinda spontaneous. I wanted the PanoMatic and saw it at a great price. So I snatched it up quickly. The Senator Navigator was the first time I saw a flieger B type dial, and was immediately something I wanted. But I never once pit the decision against annual income. A decision to purchase is much more about the deal and opportunity.
Yeah, I don't factor it against annual income either. Do I have spare money to spend? I can buy a watch if I want to. Is my spare money running low? Hold off on a watch purchase for a bit. Those are my rules and it's worked well for me.
Only caveman accounting here: green bank account mean buy watch now ooga ooga
This breakdown makes me happy, around 2-4% throughout the years seems reasonable (assuming this is your primary hobby).
Lol, I have very sweet in-laws. Started dating their daughter as a teenager and 20 years and two kids later I guess they still think of me that way 😆
Bro! My parents don't like me much lmao 🤣 Can you adopt me 😂