What percentage of one's monthly income should one spend on a watch?
What's reasonable to spend on a luxury watch?
<1%
1-5%
5-10%
>10%
There are all sorts of rules of thumb for house (~2X annual salary) or car purchases (10% monthly income). What's the rule of thumb for a luxury watch?
I've heard people say anything from 1% (which sounds a little too conservative) to 100% (which sounds hilariously obscene).
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