Stop Me Before I do Something Stupid!!

E

ErikD

Joined
Dec 5, 2000
Messages
1,875
In the process of my daily browing I noticed a nice Omega SMP auto for about $1,000. Now this is a watch I have been wanting to buy for some time, and the one in question just happens to be the exact model I was looking to buy at some undetermined point in the future.

Why is this a stupid thing, you might ask? Well mostly becasue I really shouldn't be spending that kind of money on a watch. My current dilusional logic is basically that a) Hey, I am graduating from college in a couple of days, I should spoil myself this once. b) I would otherwise just put the money toward a new car, which I am in no real huge need to get anytime soon c) it is only money and I will make more of it in a few months time, and then when I get a real job it won't seem like that big of a deal d) it will last me a lifetime and I will always enjoy it, and would always be looking to buy one if I don't and I might not have another opportunity once I have moved out and have nagging expenses such as rent, utilities, food bills, and repaying student loans.

Tell me I am crazy for even thinking of buying such an expensive watch. At the moment I am planning on making a call and trying to finalize this nutiness tomorrow when I get up.
 
Buy it. If things get tough you can always sell it, and you'll be able to say that you owned the thing you were lusting after.
 
I hate to say it, but, it's up to you. I could think of other things that I could get for $1000, that are more practical than a watch, but, you're right, why *not* splurge on yourself? Besides, you may never again find this specific watch, at this price, again. Prices usually go upwards, and so would your watch's value, as an investment.

A car isn't something that you can use 24/7, and you certainly can't wrap it around your wrist. :)

Can you say "bling bling?"

GeoThorn
 
I wish I had bought a "special" watch 20 years ago and still had it to remind me of then. I fine watch is an investment in yourself. Unless it will ruin you, I would go for it...
 
We are a bunch of materialistic, O/C mofo's, and this is not the place to come for sane, safe advice.

I have spent the rent money more than once on a new knife or gun, or what have you.

Do what you WANT to do, before you get married and have children and have to do what you HAVE to do.

Best Regards,

STeven Garsson
 
Kohai999 said:
Do what you WANT to do, before you get married and have children and have to do what you HAVE to do.
Click to expand...
I just had to sell my prized long range rig that has taken me YEARS to get the way I want because the Army is messing up my pay. Listen to Steve, once you are married......toys take a back seat to the family needs. Not a bad thing, just the way life is sometimes.
 

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Buy it...UNLESS you are like me, and will trade it off for something else a couple weeks after you get it.:D.
 
The retail price of the SMP has gone up $500 since I bought mine. :eek:
Get it before you get married or else it will be a very long time coming.

Or you can just marry a generous rich girl. :D

Paul
 
Invest it. You're not going to miss the money right now. But in 40 years, that 1k (and the other money you are going to start saving) will help keep you from living off of dogfood. Ask yourself this, will buying this watch with money you can't really afford to throw away, truly make your life better?

And its also best to learn early on to manage your finances wisely. Consider this your first test. Spend money frivolously when you can afford it, i.e. not now. Just because all your friends are going out and buying new cars doesn't mean you should be. Today's youth are due for a serious wake up call on this. Retirement is going to be ROUGH...

But I doubt you'll listen to a word I have to say. These kinds of lessons are best learned the hard way. :)

Mark
 
If you've got the money, do it.

You've worked hard. It's time to reward yourself.

That's common reasoning and can get people into trouble. But, in this case it is true. This is a major accomplishment, a life-changing, milestone event. Not only will the watch be a reward, but a lifetime keepsake that will always remind you of how hard you worked in college and what you accomplished.
 
Chuck's right (that sounds funny). It's a great time to treat yourself to what could be a very long term reward. Unless you're spending the rent money (unwise IMHO) or it will leave you in a position of NO reserves, just do it.

I had to wait until my 40th for my SMP, although I didn't know I wanted one until I was 30.

$1k for a new SMP is a good deal if it has the serial numbers intact. You should be able to make money on it if you keep it for a while and really need to sell it (assuming you haven't destroyed it).

It will likely become something that you just get accustomed to having around and won't want to be without once you get used to it. It might seem like a lot of money for a watch now, but really isn't if you ever get really into watches, but is something you'd never be embarrassed to wear, even if you find a way into more expensive stuff. Especially with the sentimental attachment you might well develop.

John
 
Get your goodies now mate, once you get married/have a serious girlfriend, its all over believe me!
 
Same advice as everyone else. If it's just spare cash then spend it. If the $1000 is your only savings then don't.

You have to decide for yourself whether buying that $1000 watch is within your means. In the end it is just a watch which when you get a real job you can afford anyway.

I don't have that kind of money saved up but when i get a job by the end of this year the first thing i'll be saving up for is a nice long term watch like an Omega SMP or maybe a Sinn.
 
Save your money for when you really NEED something urgently. Go buy yourself a nice Seiko Diver's watch for under US$200 and save the rest. Life has a funny habbit of throwing curved balls at us when we least expect it (or afford it), and it's always a good thing to have cash savings handy.

I only wish I had done certain things differently in my youth. Pity we didn't have forums like these (or the internet) back then....come to think of it, we didn't even have PC's back then!!!!!!!! OUCH!!!!! :D

Only you can make that decision. Once you start working and making big bucks, then spoil yourself a little. Save up for the watch specifically.

Congrats on your graduation and lots of success in your future career.
 
Get it, it will last your lifetime and everytime you look at your watch (about 20+ times a day) it will give you a little shot of pleasure. My Rolex still thrill me each time I look at them and I have had them over 13 years now.
 
Buy it. You earned it and you deserve it. Rewarding yourself is a good thing to do, just don't let it devolve into a profligate lifestyle.
 
Well I did it, I took the big plunge and bought myself the watch. It is used BTW, so $1,000 isn't as super a deal as if it were a new watch. It is still in very good condition, with only some minor wear I would have likely put on it within a month anyway, and from a reputable online dealer. The best part is that I ordered ot just now, and they will be getting it to me tomorrow. :D

I didn't really need the money for anything else, and I still have some more in the bank just in case. Basically I had been saving toward a new used car, no I was never thinking of going out and buying a new car, maybe if I hit the lotto though. This will really only mean I might need to wait a bit longer, which is no big deal since I have something that runs at the moment.

I have to say I really do think I have earned the right to blow a bit of money wastefully on a watch that is really more expensive than I probably should. I have been working basically full time or close to it for about six years as I went to school (HS and college). Now I am graduating on Sunday with a 3.86 GPA (actually it might go up a bit as I am still waiting for one more final grade to come in). I also won some award for having the highest GPA and finishing the most high level math courses for a computer science major. I worked hard for eight years straight and only occasionally stopped for fun, so I am having fun now.

My work is just starting though as I am now working on my own to get extra certifications to help get a job. Then I need to start looking for a real job.
 
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