DH says I’m ridiculous for wanting to spend this amount of money on a watch, who is BU?

[Halowinslet]

I’ve been lusting after a Rolex datejust for as long as I can remember, but have always stopped myself from buying because there has always been something more ‘sensible’ to do with the money, like keeping it in savings or spending money on an experience like a holiday. This year I’ve been feeling pretty low what with the current situation and there’s no way I’ll be able to go on holiday this year as I’m vulnerable health wise.

Announced to DH this morning that I’m thinking about treating myself to a nice pre owned Rolex (£6k) on the basis that it’s what I’d usually spend on holidays in a year anyway and they hold their value pretty well, in the event that I ever wanted/needed to sell.

DH thinks I’m being absolutely ridiculous spending such a large amount of money on a watch and now I’m wondering whether I’m having a moment of madness. I should point out that the funds would be coming from my own pot of money, rather than joint.

Neither of you are unreasonable, you just hold different opinions 🤷🏻‍♀️

Just do it and remind him that it’s not actually that much money for a nice watch!

I wouldn't, I do think think it's a total waste of money...but if you've got your own money and it doesn't impact the family finances then I say go for it!

Stealth boast alert!

I'm with your husband that it's an insane amount of money for a watch, however..... I am wearing a £2000 diamond ring that doesn’t tell the time so 🤔🤷🏼‍♀️

If you want it and can afford it then buy it , personally I would see it as a waste of money but then I’m sure I’d spend money on things that you would consider a waste .

I love my Rolex and am happy that it retains value unlike a car, a holiday .... the list is endless.

Well if you have earned and saved the money plus you and your husband have separate finances like this - then YANBU for wanting one and he is not being unreasonable for thinking its nuts.

It depends on what you value..for some people its a nice car, for some people its great holidays, having their hair done regularly.

I know a few people who wear a rolex as their every day watch. They are wealthy but interestingly my old money wealthy friends wouldn't unless it was an heirloom that had been passed down and had a 'story' attached to it.

Would I like to wear one - yes.
Would I fork out 6 - 10K for one - no!

It probably speaks to my background more so than anything, but even thoough i could now afford to spend that much on a watch, i wouldn't in a million years, it seems a crazy price for something that just looks pretty but doesn't do anything different than a 200 quid watch

Have you ever tried one on? My dream watch was a Cartier Tank until I went to the shop, tried it on, and felt a bit meh.

I do think it is a ridiculous amount of money for a watch, but that is my personal opinion. You may well regard my spending priorities as ridiculous in your eyes. We all have different opinions and different priorities.

However, you do not say if this is joint family money you want to spend (in which case I think YABU) or your own personal money - in which case, crack on.

@sixthtimelucky

Stealth boast alert!

Jealousy alert.

OP you must remember that unless the value remains less than a Haven holiday, you are subject to the above nonsense.

Buy the watch, life is too short.

Stealth boast alert!

Oh for goodness sake, really? I’m posting online anonymously to ask for opinions on buying a watch which costs far less than most MNers would spend on a car or family holiday, hardly a stealth boast 🙄

If they retain their value, why buy a second-hand one?

Your money your choice but It also depends on how wealthy you are. Do you have kids who will need funding for uni, for instance. That's where I'm at - every spare penny is going into savings to pay for their college years. I couldn't imagine spending so much on a watch as I'd probably be afraid to leave the house with it on

Probably safer in a watch than in the bank the way the economy is heading !!

I say do it!! I felt the same doubts before I bought a Cartier bracelet but I love it and wear it every day - not a single regret! And cost per wear is about 40p a day since I’ll keep it on forever 😆

@ThatOtherPoster that’s a good point, I’ve actually never physically tried one on! I’ve always felt a bit too intimidated to go in to a jewellers and try one on to be honest

I used to have a Rolex Oyster perpetual datejust. Bought new and sold for about £6k a couple of years ago.

I loved it when I first got it in my early 20s, then as I got older felt it was a bit show offy and silly. My husband is quite 'into' watches and now if I had a lot to spend on a watch I would buy secondhand (which you already are) and probably get something better and more unusual than a Rolex.

I don't think you're unreasonable for wanting to buy it, but I would consider some other brands too, especially if you'll mind that once you buy it you'll realise just how many other people wear them and how similar they all look!

Ridiculous amount of money for a watch. I'd rather spend it on holidays/experiences. Assume you'll then have to insure it too so it will be an ongoing expense. Just evidence of how polar society is really when there's people struggling so much. God I'm depressing myself now. Go buy your watch!

I personally think it's ridiculous but people think different things. However what your husband thinks does matter when it's such a large amount that would otherwise be spent jointly. Unless you are millionaires or something.

@Notaroadrunner we have no children

Just to add when I say better than a Rolex I mean better value for money, less on brand more on quality!! Alas we now have kids and expensive lives and there's no way I could even justify £3k on a watch

Do it.
Rolex’s are a great investment, they only go up on value.

DP has several. They have all appreciated in value since he bought them.
We literally have made over 16k since he bought them just by him enjoying having nice watches to wear and it’s increasing each year.

I think none of us can day OP. Depends on your earnings, disposable income, financial commitments, how you and your husband share finances etc. Eg if you're both in your 30s and earning 100k and have a modest lifestyle, 6k on a watch is nothing. If you're in your 50s on an average salary and trying to pay to put kids through uni and basically going to have to work an extra couple of years to save that amount and it messes up your retirement plans then I'm with him