One of my co-workers has an IWC watch. It's so beautiful. I've never been that interested in watches before, but in some ways I can understand why someone would pay $7000-8000 (the least expensive ones) for a watch. It's a timeless piece of craftsmanship and an investment. It'll last at least one lifetime, and might actually increase in value. My co-worker bought his in the 1980's for 8000 SEK ($1230), and it's now selling for 26000 SEK ($4000). I'd love to own an IWC watch from the Portuguese family one day. I'm pretty sure I don't have the patience to save up for it, though. The ones I like are around $8000, it's just too much. It'd take forever to save up for it. Could I ever justify buying a $8000 watch? No. I'd be more likely to save up for my dream bag, Sofia Coppola for Louis Vuitton. However, I'm not sure I could spend 2500-2900 euro on a bag either, even if it's the most perfect bag in the world. I just can't imagine walking into a store and actually buying something that expensive instead of going on a pretty nice family vacation, or on the big roadtrip across the U.S.A I've been wanting to take for 15 years. My friend I started talking about it way before we had kids, and now it won't happen within the next ten years, so there's time to save up!
How much would you spend on a watch/bag/piece of jewellery? Would you have the patience to save up for it? The bag and the watch are really way out of reach for me, but I think that determination and lots of years of saving could make the dream bag mine. Would it be worth it?