How you decided to part with the money to get a rolex?

[wolfeyes1974]

in good economy it is ok, but in such an economy where outlook is uncertain despite gov say the worst is over, i dont know how true is it

using instalment to pay means u are committing future money as it means u have to be 100% sure that you got a job. i never pay things via instalment because im not comfortable to using future money which i yet to earn unless i have spare cash in the bank

nope not really..TS already has the $$...it's only instalment for the portion that she's going to spend on the stove and etc....i doubt that's going cost more than $5K...

[Oceanklassik]

My watch purchases are mostly on instalment basis because I do not earn much and it will also be very 'painful' for me to part with a few thousand dollars at one go, just on a watch . I'm still 'painlessly' servicing those instalments. It's sort of a "mind game" .

[Oceanklassik]

That's why I say it is all in the 'mind'. As long as one can get the same discount (as if paying in cash), then why not use the flexi-payment with the ADs. Of course, the grey dealers is another different thing. If I have the cold-hard cash, I'd rather choose the grey dealers because of the better (lower) prices. So it's kinda' trade-off or something.

Poor bloke like me have no choice. It's "unfortunate" that I'd succumbed to this hobby. VERY expensive one..

[watchfun2]

My advice is, know your priorities first. I think no one should be telling you to put your family first instead of yourself, and vice versa. Reason being, you will def feel 'uncomfortable' if you were to follow advice of others when it comes to such personal decisions.

You need to ask yourself truly which means more to you and make your own choice. That IMO, will give you more satisfaction and you will feel less regret in the future.

What I mean is if you feel your family means a lot more, and hence, decide to save your money for your child, then at least this is from yourself and you will be more able to stick to such decisions. If you don feel and don believe in this, and you only save for your child cos someone else tells you to, then it will not change anything cos you will have a constant nagging feeling and might even be a bit resentful (in very bad cases).

Ifs ok to indulge in luxures from time to time but most imp, ask yourself which will give you more satisfaction cos I have to admit, either way, you have to make a sacrifice unless you are getting the same pay as some of the top people in Singapore

I do agree fully with Exxondus. IMHO, our life priorities count. Fortunately and unfortunately, getting a Rolex is a 'want' and not a 'need'. That could be the reason why it's so difficult to make that decision to buy one.
However, if one has the surplus cash and the Rolex purchase does NOT hurt other priorities, then the "go ahead" seems very clear.
Personally, it took me many years before I bought an used Rolex piece. When I made that decision, I told myself that ONE would be all I ever needed or wanted. Guess what? The urge to buy another piece came soon after! The truth remains that it's real hard to keep to that promise because the temptation to get another piece is so strong after a while (unless you stop looking at Rolex all together). Well, so far I've been able to fight it off because the second piece does not warrant its priority as of now!
I'd encourage that one gives himself or herself some time to ponder. If the urge to buy it does not go away and or one keeps dreaming and thinking about it despite a few weeks have passed, then I think the 'want' has somehow become a 'need' for that season!
Lastly, I want to congratulate the soon arrival of your second child and also the thoughtfulness of many forumers who have given very sound advices here. I think this discussion is rather balanced and not lop-sided. Great job, guys!
Just my 2-cent worth :-)

[triton]

u just strengthen my point, i was working on 2 scenario irregardless if she wants to buy stove and fridge & preown rolex and/or brand new rolex alone minus the stove and fridge

1) - TS does not have the full amount to pay for the watch
2) - TS does have the full amount to pay for the watch.

in the former case highlighted in blue

in the latter case highlighted in green

using instalment to pay means u are committing future money as it means u have to be 100% sure that you got a job.

i never pay things via instalment because im not comfortable to using future money which i yet to earn unless i have spare cash in the bank

nope not really..TS already has the $$...it's only instalment for the portion that she's going to spend on the stove and etc....i doubt that's going cost more than $5K...

[Red Devil]

Seriously consider a pre-own ... the remaining of money buy fridge/stove (BNIB ones ) & for new born ... best of both world

[Lucida]

I dun think i will get a preown (at least that's what I think now). It's something i want to get for myself so i want it new.. haha

Monthly installment is an option but again.. I dun like to spend future money. As you all have put it, it's really a want not need... Actually quite regretful to have paid the car using installment cos it's something that is not really necessary but it's really convenient when have it...

Anyway, now after talking about it, the urge not that strong anymore as long as i dun go to another rolex shop I would have almost forgot about wanting to buy a rolex.. perhaps i dun come to this forum also... hmmm...

I think i probably save the money for a trip to Hokkaido next year!! Travelling is still my fav. A watch is just there to tell time...

[Lucida]

Or maybe just get a simple omega or longines.. hmm..

[triton]

i find that a car is 'essential' especially if you have young children. why? because in times of need, public transport may not be a quick option esp if during peak time and in need of a taxi.

[exxondus]

i find that a car is 'essential' especially if you have young children. why? because in times of need, public transport may not be a quick option esp if during peak time and in need of a taxi.

this i agree. I even feel that once wife is a few months into pregnancy, its even more imp to have a car on standby

[BRABUS]

Haha for me i chose a watch rather than holidays, my wife has been asking me to accompany her to europe for 2 weeks , but the thought of spending 20-30k for a shopping trip IMO is a wasted of money .
I rather spend the money on watch , and set aside a few ks to bring her to asia country .

[Oceanklassik]

I dun think i will get a preown (at least that's what I think now). It's something i want to get for myself so i want it new.. haha

Monthly installment is an option but again.. I dun like to spend future money. As you all have put it, it's really a want not need... Actually quite regretful to have paid the car using installment cos it's something that is not really necessary but it's really convenient when have it...

Anyway, now after talking about it, the urge not that strong anymore as long as i dun go to another rolex shop I would have almost forgot about wanting to buy a rolex.. perhaps i dun come to this forum also... hmmm...

I think i probably save the money for a trip to Hokkaido next year!! Travelling is still my fav. A watch is just there to tell time...

Or maybe just get a simple omega or longines.. hmm..

From the above two posts, you did not sound very convincing of giving up the idea to buy a branded watch after all .

[seiko.citizen]

From the above two posts, you did not sound very convincing of giving up the idea to buy a branded watch after all .

no need to. aim for it, and you will get there eventually.

[rh1667]

Lucida,

No need to give up, just save up a little more.
Good to be able to reward yourself once the family need is taken care of.

Also, it can be passed down to your next generation, so dont give up.
Take it as a goal. Buy Rolex Buy Rolex.....ha ha

[acid_pixel]

so many wants so limited resources.