How do you determine how much to spend on speakers

My .02$

For a begining audiophile: Understand that you don't buy a system in a day - you assemble a system over years. Find the best speakers you can afford. Go to shows, shops, friends etc and find a speaker whose sonic characteristics you like and can afford. Buy them even if you have to use a reciever and lamp cord for a while. Then slowly, over time, find an amp/speaker cable to mate with them, evaluate your room and begin a treatment program, carefully pick a preamp to mate with your system and continue to work out to the front end. Don't worry that your system is not immediately perfect. It will never be - just better and better. Buy cheap used until you can afford (and fully evalutate in your system)the expensive new. When you are done you will have a system you really like and fully know. Of course if you are Bill Gate$ endowed you can just throw money around and it will come out ok in the end. But for the rest of us building a system takes time which is really more important than money. And by all means enjoy the hobby!

Wow, Wattboss, you're welcome!

Yes, I really like this hobby - it does integrate well into my life.

Opticaltee,

Hmmmm... you must be as old as me :)

I remember the 50% rule from way back in the Stereo Review Days!!

The problem with this guidance is that one might find a 4K speaker that meets sonic needs, space considerations, WAF etc. It may not be nonsense to pair them with a 3K amp 2K pre and 3k front end.... you get my point.

I like to advise beginners to spend as much as they can to get speakers they like and build from there.

But then I don't bore easily!