Reevolving
Distinguished Member
- Joined
- Dec 25, 2009
- Messages
- 2,720
- Reaction score
- 117
Simple question:
In your opinion, what should a guy's liquid net worth be before he can "afford" $500 shoes? (Your answer is a number)
Conversely, below what level would your natural reaction to his $500 shoes be: What a jackass!
First, please note the use of quotations above.
This is not a literal question. (eg: When he has $500.01, duh!)
That said, $500.01 certainly is a valid answer.
I am using net worth and not salary because the latter can be a very weak gauge of one's financial solvency.
Free Cash Flow (FCF) paints a more direct picture.
I also deliberately picked the $500 threshhold, and not $300 for AE's, et al.
$500 is a different pricing paradigm entirely, and is probably 3 SD's over the average shoe expenditure.
At this level, one has deliberately groomed himself as a "serious shoe guy".
So, at what point does a guy have no business wearing $500 shoes, and be viewed as a fraud/idiot?
Alternate question: What other criteria would you use in deciding whether a guy can afford $500 shoes?
In your opinion, what should a guy's liquid net worth be before he can "afford" $500 shoes? (Your answer is a number)
Conversely, below what level would your natural reaction to his $500 shoes be: What a jackass!
First, please note the use of quotations above.
This is not a literal question. (eg: When he has $500.01, duh!)
That said, $500.01 certainly is a valid answer.
I am using net worth and not salary because the latter can be a very weak gauge of one's financial solvency.
Free Cash Flow (FCF) paints a more direct picture.
I also deliberately picked the $500 threshhold, and not $300 for AE's, et al.
$500 is a different pricing paradigm entirely, and is probably 3 SD's over the average shoe expenditure.
At this level, one has deliberately groomed himself as a "serious shoe guy".
So, at what point does a guy have no business wearing $500 shoes, and be viewed as a fraud/idiot?
Alternate question: What other criteria would you use in deciding whether a guy can afford $500 shoes?