Here are 5 reasons why I don’t.
Yes, I have the money to wear pretty much any kind of watch I want. So do we all, really. Credit card limits are so high now that distinguishing the rich from the poor by symbols such as jewelry, clothing, shoes, and handbags has very little relevance.
But, I am a millionaire, and I really can afford to wear any timepiece on my wrist I choose and any other sort of bobbles around my neck or fingers.
I choose none.
Yesterday I stopped to think about why I shun status symbols of all sorts — fancy cars, garish rings, and other extravagant showpieces.
But, before I get into the details, I really have to make a disclaimer. I don’t care if you wear an expensive watch or any other type of jewelry. There is no harm in this, I see it as choices we each make. I can see that some may want to splurge on themselves from time to time. My wife says I am saving my money just so I can give it to my kids after I die, and who needs that? So I do realize that there are two sides to this coin.
In fact, I have read that years ago the bosses of commissioned salespeople would often insist that the newly hired employee purchase an expensive car, such as a Cadillac, for example, as an incentive to produce. The new salesman needs to perform, to close more deals…