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

LanceW · Jun 10, 2011

After being fed up with the construction quality of Alden, I began buying only RTW and MTO EG, G&G and JL.

My income is not sufficient enough to allow purchasing low quality goods.

Loathing · Jun 10, 2011

Originally Posted by DWFII

But in the end, it's a level of awareness which makes $200.00 shoes seem far more un-"affordable" than $500.00 shoes.

Really interesting post overall: I think you and I are on the same wavelength.

w.o.e.is.me. · Jun 10, 2011

Originally Posted by DWFII

See you at McDonald's.

linds_15 · Jun 10, 2011

i get what the op was trying to get at, just think that there is no possible answer

if my disposable income a year is 10,000 but i vacation with a family of 4 every year i probably wont be buying 500$ shoes, but if its 10,000 and im single with a one bedroom and like buying shoes then id probably grab a bunch of pairs at 500. ever seen the guys that collect air jordans? most pay top dollar for them because its a hobby so they "save" for that specefically, net worth has nothing to do with it

mr monty · Jun 10, 2011

Many times you can buy $500 shoes for less than $100. Anyway, the question is total bullsh*t

ktrp · Jun 10, 2011

For young people, income is certainly the reasonable driver, not net worth, especially if you are buying a business wardrobe.

If you are young and just landed 200k job that's going to rise to 500k, and you need an instant wardrobe, I wouldn't necessarily think dropping 5k on shoes/clothes would be unreasonable even if you had negative net worth (go student loans!)

I also think a pair of $500 shoes is more reasonable then an ipad. I'm still wearing shoes I bought 10 years ago, I'm not using many electronic devices that are over 36 months old.

linds_15 · Jun 10, 2011

Originally Posted by ktrp

For young people, income is certainly the reasonable driver, not net worth, especially if you are buying a business wardrobe.

If you are young and just landed 200k job that's going to rise to 500k, and you need an instant wardrobe, I wouldn't necessarily think dropping 5k on shoes/clothes would be unreasonable even if you had negative net worth (go student loans!)

I also think a pair of $500 shoes is more reasonable then an ipad. I'm still wearing shoes I bought 10 years ago, I'm not using many electronic devices that are over 36 months old.

100% agree with this. especially the ipad part, people dont think of electronics as investments because they obviously will be obsolete shortly after, but a good pair of shoes that last, well then i wouldnt really look at it as "expensive" at 500, when what you get out of them will be worth every penny

Reevolving · Jun 10, 2011

Originally Posted by DWFII

and yet, I have the sense and sensibility to recognize quality--.
And the ability to drop Jane Austen references.

jrd617 · Jun 10, 2011

Net worth before you can "afford" to wear a freshly cleaned shirt every day so that you don't have to go this route?

DWFII · Jun 10, 2011

Originally Posted by Reevolving

And the ability to drop Jane Austen references.

Not so much Jane Austen as a fair vocabulary, a determination to speak and write with some degree of literacy...and a working concept of "sensibility"--a word I use frequently and with "malice aforethought."

DocHolliday · Jun 10, 2011

For the record, I ate at McDonald's today. No one seemed to notice my shoes.

DWFII · Jun 10, 2011

Originally Posted by DWFII

Not so much Jane Austen as a fair vocabulary, a determination (in a world of sound-bite attention spans and 140 character Twit limits) to speak and write with some degree of literacy...and a working concept of "sensibility"--a word I use frequently and with "malice aforethought."
FTFM

Loathing · Jun 10, 2011

^^^
Those words are unfortunately undermined by the grammatically incorrect full stop.

DWFII · Jun 10, 2011

Originally Posted by DocHolliday

For the record, I ate at McDonald's today. No one seemed to notice my shoes.
Are you surprised? Hurt? Secretly gratified?

DocHolliday · Jun 10, 2011

Originally Posted by DWFII

Are you surprised? Hurt? Secretly gratified?

Delighted by the new sweet chili McNugget sauce.

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

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