Originally Posted by scientific
100k LNW is absurd
Not at all. If anything, it's probably on the low side.
I'd bet almost everyone I know > $100k liquid net worth would never spend $500 on shoes.
If their net worth were exponentially higher, they might reconsider.
Personally, in my early days, there was no way I'd have dropped $500 on shoes with only $100k in the bank.
I waited much longer after that, but that is also a function of age and interest level.
Back then, I simply didn't give a shit about shoes, so I didn't spend much on them.
Makes me wonder if I had gotten bitten by the SF bug all those years ago, if I'd have splurged.