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Net worth before you can "afford" $500 shoes? - Page 8

post #106 of 194
6/10/11 at 7:35am
Thread Starter 
Quote:
Originally Posted by Petrus III View Post
If you're wealthy you just naturally buy more expensive clothes and if you're poor, cheap clothes. If you live in a wealthy area everything you buy is going to be in a certain price class, from your house to car to clothes etc etc __ You see moron kids do this all of the time. They save all of the money they earn at their min. wage job during HS and while living at home expense free only to blow it all on some car or other junk Or the kid whose mama spends the welfare money on some $200 sneakers
Petrus, do you see the contradictions in your post? Also, do you actually know wealthy people? Many shop at Target and WalMart, and drive Toyotas. They didn't get wealthy dropping $500 on shoes, that's for damn sure!
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post #107 of 194
6/10/11 at 7:46am
Quote:
Originally Posted by Reevolving View Post
Personally, I wouldn't spend $500 on shoes with anything less than $250k in the bank.

That answer is absurd. Who keeps $250k liquid like that?
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post #108 of 194
6/10/11 at 8:02am
Quote:
Originally Posted by Reevolving View Post
Don't really care what anyone here thinks about that.

So you just ask questions for our benefit? Reevolving's the new Socrates, everybody.

I seriously doubt that you don't care.
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post #109 of 194
6/10/11 at 8:31am
Quote:
Originally Posted by Loathing View Post
That answer is absurd. Who keeps $250k liquid like that?

The man who can now spend it all on pairs of $500 shoes, evidently.
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post #110 of 194
6/10/11 at 8:33am
I don't see why you need any 'net worth' to buy $500 shoes, as long as you have enough disposable income you can spend it on whatever you want. There are plenty of people who buy £5k watches on credit, so if you've actually got $500 in your bank then I don't see why you shouldn't spend it on a pair of shoes if you've covered your rent, food, etc and the shoes are what you want.
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post #111 of 194
6/10/11 at 9:00am
Quote:
Originally Posted by Loathing View Post
That answer is absurd. Who keeps $250k liquid like that?

Wine merchant? Evian dealer?
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post #112 of 194
6/10/11 at 9:02am
Ya, so what if they were on clearance and were ORIGINALLY $500, but you only paid $199?

I mean, this is getting so complex.
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post #113 of 194
6/10/11 at 9:08am
Quote:
Originally Posted by Sanguis Mortuum View Post
I don't see why you need any 'net worth' to buy $500 shoes, as long as you have enough disposable income you can spend it on whatever you want. There are plenty of people who buy £5k watches on credit, so if you've actually got $500 in your bank then I don't see why you shouldn't spend it on a pair of shoes if you've covered your rent, food, etc and the shoes are what you want.

Maybe you need to be an accredited investor to buy $500 shoes?
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post #114 of 194
6/10/11 at 9:34am
The question, and the assumptions that inform it, are so absurd as to be meaningless. A $500.00 pair of shoes barely rises above the mundane, particularly when it comes to quality and those ineffable and, for some people, unknowable refinements that are associated with "style." If paying $500.00 for a pair of shoes becomes a test of pinch-penny prudence then abandon all thought of rib-eye steaks or single malt Scotch; Aran sweaters, shell buttons, quarter-sawn oak...etc.. See you at McDonald's.
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post #115 of 194
6/10/11 at 9:59am
IB4 Petrus CXVII ban
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post #116 of 194
6/10/11 at 10:00am
Quote:
Originally Posted by DWFII View Post
The question, and the assumptions that inform it, are so absurd as to be meaningless. A $500.00 pair of shoes barely rises above the mundane, particularly when it comes to quality and those ineffable and, for some people, unknowable refinements that are associated with "style." If paying $500.00 for a pair of shoes becomes a test of pinch-penny prudence then abandon all thought of rib-eye steaks or single malt Scotch; Aran sweaters, shell buttons, quarter-sawn oak...etc.. See you at McDonald's.
Exactly my thoughts. I love how there are penny pinchers on here complaining that someone in the B&S section is selling a $300 tie for $100. Do these people never eat out? Is $100 really that important to them? I'm not by any means wealthy, but I appreciate good food and drink, travel, nice hotels, car racing, good shoes etc and I still save over 20% of my salary for retirement. Could I be saving that money for other things? Sure, but what? I know what I like and I enjoy my life now. Why live your entire life for when you are old? For those who obviously can't afford $500 shoes, good meals, or buying new clothes, stop spending all of your time on SF and figure out how to make some money! The argument that billionaires do it means nothing to me as they are out running their empires not discussing the merits of $500 shoes.
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post #117 of 194
6/10/11 at 10:38am
Quote:
Originally Posted by Petrus III View Post
What you spend in clothes is just commensurate with your class and your life in general. If you live in a wealthy area everything you buy is going to be in a certain price class, from your house to car to clothes etc etc You're not going to be shopping for clothes at outlets(they don't even exist anywhere near good areas anyway) Junk thrift shops or Kohls etc etc Buying $500 shoes will mean nothing to you and you won't even give it a 2nd thought anymore than the poor guy buying $50 shoes at Nordstrom Rack, Last Call (run by NM but not the same stuff) or the sort of stuff BB only sells at the outlets in Podunk., If you're wealthy you just naturally buy more expensive clothes and if you're poor, cheap clothes.
It would be ridiculous for some guy living in a blue collar area and working in a cubicle for $50k to be buying expensive clothes when he's living in a few room flat and driving some Toyota.It's completely incongruous. It would be like buying an expensive dinner jacket and shoes to go to the opera but not being able to afford a membership. And btw, if you have to "save up" to buy some piece of clothing it means that you simply are not in that class.
You see moron kids do this all of the time. They save all of the money they earn at their min. wage job during HS and while living at home expense free only to blow it all on some car or other junk and then they treat it like a baby and cry about every little scratch or normal wear and tear on it Obviously not his class and should be riding a bicycle.
Or the kid whose mama spends the welfare money on some $200 sneakers and then knives someone who stepped on his shoes and got them dirty. If you have to worry about your shoes and every little scruff that happens every day then they're too expensive for you. It sounds like you're trying to impress someone which is silly because no one who buys these shoes is impressed by you and your prole friends couldn't tell the difference between a Kenneth Cole and a C&J. In fact, ny gardener wouldn't be impressed with you because he's wearing my C&J or Gucci's that for some reason I didn't want and gave to him. I never bother to return anything I don't like.

asinine post. Stop trying to sound like daddy warbucks...if you're trying that hard, you can't afford it.

Quote:
Originally Posted by Don Carlos View Post
Maybe you need to be an accredited investor to buy $500 shoes?
I don't care who you are, thats some funny shit.
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post #118 of 194
6/10/11 at 10:40am
Quote:
Originally Posted by Petrus III View Post
It really isn't one item like shoes but a whole multitude of things that make up your lifestyle dependant upon your class. I think I made it lear that it would be crazy to wear AS or whatever shoes while eating at MickyD's and driving a Toyota. You need the whole package not just one thing. Buying used 10yo Lobbs for $50 on ebay like a lot of SF boys do is just a sign of a poseur.Are they really so deluded that they believe no one knows?
Well, I'm not so sure I agree with this. My point is that when price trumps quality...or even the ability to recognize quality...then Walmart shoes will do. In fact, anything else must be seen as an extravagance. Implicit in all of this, however, is a certain pretentiousness. Either you've got 250K liquid in the bank and want to crow about it, or you believe "all the world are fools save thee and me...and I'm not really sure about thee." I don't have any Style at all and even less money in the bank but I do enjoy well made items and will always pay the extra if I have a choice. I suspect that the dollar bill is like a vote and I refuse waste my vote on expediency, or shoddy...or penuriously. Better the unthinkable--to do without....
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post #119 of 194
6/10/11 at 10:58am
The really ironic thing is that here I am...proletarian, bourgeois, no style, no money...a Tradesman (in the best and worst sense of the word) and yet, I have the sense and sensibility to recognize quality--the quality inherent in a well-made bespoke shoe as opposed to the best RTW--a recognition that many others closer to the salt cannot seem to muster. And that extends beyond shoes...encompassing furniture, food, whisky, tools, etc.. But in the end, it's a level of awareness which makes $200.00 shoes seem far more un-"affordable" than $500.00 shoes.
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post #120 of 194
6/10/11 at 11:15am
Quote:
Originally Posted by Petrus III View Post
It really isn't one item like shoes but a whole multitude of things that make up your lifestyle dependant upon your class. I think I made it lear that it would be crazy to wear AS or whatever shoes while eating at MickyD's and driving a Toyota. You need the whole package not just one thing. Buying used 10yo Lobbs for $50 on ebay like a lot of SF boys do is just a sign of a poseur.Are they really so deluded that they believe no one knows?

there are these things called budgets, and people choose to spend their disposable income in different ways. I know an extremely wealthy older couple (husband surgeon, wife partner at elite law firm) who own a Toyota and live in a relatively modest house but spare no expense on pretty lavish vacations

I guess you would find that inconsistent and deluded?
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