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Net worth before you can "afford" $500 shoes?

Discussion in 'Classic Menswear' started by Reevolving, Jun 9, 2011.

  1. DWFII

    DWFII Bespoke Boot and Shoemaker Dubiously Honored

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    You've blown this all out of proportion particularly in your own mind. Presumably because you don't wish to see that the mundane is all around us--that's almost the definition of "mundane."

    But if you aspire to something better...something more on the order of "Style" (as in StyleForum)... or if you post your opinions to StyleForum (or something like it), you need to recognize, and base those opinions on something more than the mundane. You need to recognize that what makes any endeavor or object transcend the mundane is the little things--the details.

    And not one detail but the confluence of many details.

    I have indeed said this before but you've apparently chosen to ignore it...it's not that "high end labels" are "dogshit," it's just that they wouldn't care if it was dogshit as long as there are people willing to to buy it.

    Many high-end shoes are made with expedient and even inferior techniques and materials that suffer mostly, and particularly, in comparison to shoes made with Traditional, intelligent, time consuming, and skill-required, techniques. Stand alone, who-gives-a- crap, they're probably fine. And just as importantly, they're what's on the table.

    It's a matter of comparisons...and as in my sig, hierarchy as well...somethings are better, and objectively better than other things... you just need to open your eyes.

    But for many, the question remains...and it's so deliciously ironic in this venue...what's it to be...style or substance?
     
    Last edited: Oct 9, 2011
  2. vivianf

    vivianf New Member

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    im 15 this is funny as hell, why the hell you need be rich and have high net worth to afford 500£ shoes. lol all you need £500 and you got the shoes so you dont need a net worth lmao. i got couple of shoes worth more than 500£. you guys worrying about net worth lol
     
  3. romafan

    romafan Senior member

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    !
     
    Last edited: Jan 18, 2013
  4. mixedmajik

    mixedmajik Senior member

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    Not everybody lives with their parents and is exempt from paying expenses, taxes, and other things many adults have to deal with like majority of 15 year olds are. I don't know if net worth was the right way for this guy to put it but clearly if your parents buy you 500 dollar shoes or if you save up 500 dollars since you have no taxes or expenses to pay otherwise...its a lot easier.
     
  5. Badandy

    Badandy Senior member

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    Troll.
     
  6. papa kot

    papa kot Senior member

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    If you have to ask, then you cannot afford it.

    On a different note, $500 for shoes is not that much even for somebody who just started a job out of college. I see quite a few folks buying new cars that will depreciate pretty fast, especially during the first year. So instead of buying a new car, you can get a slightly used one and then pay for the shoes. It is all about preferences. (And seeing what Americans buy these days makes a $500 pair of shoes not a bad choice at all.)
     
    2 people like this.
  7. New Shoes1

    New Shoes1 Senior member

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    Can anyone give me an executive summary of this thread? I don't have time to read it because i'm too busy working to pay off enough of my maxed out credit card to afford a new pair of RL Marlow's. Want to know if I'm industrious or a spendthrift.
     
  8. Quadcammer

    Quadcammer Senior member

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    of course, there are any number of things that young people spend money on that could be used for ritzy shoes. For instance, for the average 22 year old in NYC, maybe 2 weekends of making your own dinner and sharing a case of coors light with a few friends instead of going out would probably save you $500.

    That said, I don't think many young people want or need $500 shoes. They'd rather use that money for booze, food, entertainment, whatever. Nobody at their job expects $500 shoes from them and they'd likely destroy them during a night out or by not taking proper care.

    This young guy at my office got a pair of canali shoes for xmas...probably retail for $1,200....wears them everyday, never seen a shoe tree or a fingertip full of polish. I give it maybe 9 months.
     
  9. recondite

    recondite Senior member

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    Stole my answer. If you have 500, then you are good to go..That another 5 will get you the shoes and a really good cup of coffee and enough change so you can't be charged with vagrancy.
     
  10. Gibonius

    Gibonius Senior member

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    Anybody else think this might just be a Reevolving sock, bumping his own thread?
     
  11. zippyh

    zippyh Senior member

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    I don't think Reevolving has the brains to be able to type a £ symbol.
     
  12. mixedmajik

    mixedmajik Senior member

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    Oh my goodness Zippy [​IMG]
     
  13. Varmant

    Varmant Well-Known Member

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    At retail, my toes are easily worth $50 each, regardless of my income.
    At 10 wearings the cost per toe is $5. At 100 wearings, 50 cents per toe.
    Cheap at twice the price.
     
    Last edited: Jan 19, 2013
  14. tjcamp2

    tjcamp2 New Member

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    I didn't read this whole thread, so if someone has already stated this clearly then ignore my post.

    How much you spend on shoes has nothing to do with your net worth. Absolutely zero. How much one spends on shoes is a reflection on how one values shoes relative to other goods. A person could spend $500 (or $5,000) on shoes and eat $.15 packages of ramen noodles every night. Conversely, a person could eat filet mignon every night and consider spending more than $100 on a pair of shoes a waste of money.

    This is the basis (and beauty) of economics. People have limited resources, and how they allocate those resources is entirely up to them. This is actually why $500 shoes exist. To some people, a pair of shoes may be worth more to them than the $500. To others, having the $500 would be worth more. The market provides choices for both crowds.

    To try to answer the OP's question, consider the net worth you'd need to buy a $1 pair of shoes. Now multiply by 500.
     

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