I met up with a friend of mine the other day for a function. He rolled up in a new Lexus IS350 that costs about $43,000 out the door. Immediately, I was envious of his wheels given I just drive a $20,000 Honda Fit named Rhino. My thoughts of doing the economical thing of buying out the residual value after the three year lease expires went out the window. I began fantasizing about what sports car to buy in 2017.
No, no, no! I told myself several minutes later. Sure, I’d love to drive a fancy car, but I reminded myself that I hate the stress of worrying about damaging expensive things. I enjoy parking in a crowded parking lot and not caring about a door ding. I’d much rather own stuff I can just throw away without any after thought.
Back in 2005-2008 I was extremely into collecting fancy watches. One friend had a FOMOYOLO mentality and bought a couple $8,000 IWC watches, just because he liked their style. So of course I started collecting watches because I thought, why not me too? I’ve got just as much money as him and I work harder. The funny thing is, before hanging out with my friend, the most expensive watch I’d ever purchased was a $500 Seiko. Now here I was spending $12,000 on a Rolex Stainless Steel Daytona. It was nuts!