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.
ryllau

Showing 1 response by garfish

Over 40 years ago, when in a HS chemistry class, I was informed that I was worth $2.78 in chemicals. So allowing for 10X inflation since then, I am now worth $27.80. My main system is worth about $40K (U.S. retail). After doing the math, my main system is worth 1,438.34 times as much as me. I feel that is about right for a card carrying audiophile of good standing.

Like so many others, we do have some mutual funds that got hammered in the market and don't amount to much now. I strieve to stay in debt audiowise and usually manage to achieve this goal on a monthly basis. I am presently in debt for at least 10 months and feel good about that-- so I can relax for awhile and just enjoy the music. I do make sure my electric bill is paid each month so I can keep the "big rig" up and running. ;>) Cheers. Craig