My wife and I are nuts about music. When my we got out of grad school we had good jobs but we lived in a dump, ate noodles and spent 50-60% of our income on live music(classical), audio equipment and LP's. We spend more now in absolute terms and adjusted for inflation. However that was over 25 years and about 10,000 LP's ago. With no kids and two very successful careers the percentage is much lower. We evenviewed our house purchase as an audio system upgrade since the primary factor was a better listening room.
How much are you worth ?
I know. I know. It's none of my business. Bear with me. I know people who have $200K in the bank & their system costs
100K. I've also seen people living in dumps listening to 50K systems. So please tell me. What is your limit? How far will you go? If someone has $100, how much does he/she have to spend on audio equipment before you'd tell him/her to cool it. An accountant once told me that pertaining to the States as a whole,up to 1/3 of your net worth can be spent on housing, 10% on transport (cars), 5% on furnishing, etc.
Wonder if there's an indicator for high-end audio.
100K. I've also seen people living in dumps listening to 50K systems. So please tell me. What is your limit? How far will you go? If someone has $100, how much does he/she have to spend on audio equipment before you'd tell him/her to cool it. An accountant once told me that pertaining to the States as a whole,up to 1/3 of your net worth can be spent on housing, 10% on transport (cars), 5% on furnishing, etc.
Wonder if there's an indicator for high-end audio.
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- 42 posts total
- 42 posts total