this post was submitted on 23 Jan 2025
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What an idiotic OP (in the picture not you). Go into debt over a status symbol with as much utility as a $10 substitute. Yes, brilliant advice.
It was so phenomenally stupid that the guy got turned into a meme for a while on Twitter/X.
https://knowyourmeme.com/memes/if-youre-a-guy-in-your-early-20s-buy-a-rolex
That is a pretty nice mug....
I can tell whoever owns that is high status...
I would certainly sign a legally binding contract with them!
This is the best quality picture of the gromit mug i have ever seen. Thank you.
Anyone else notice Gromit is shaped like curvaceous hips and ass? I really need to get laid.
Ever notice how Peppa Pig’s head looks like a dick and balls?
Always thought she was whistle shaped
I mean when viewed from the perspective of his world it makes sense.
He lives in a world where substance is meaningless and all that matters is appearance and bravado. I can appreciate why to him that seems like good advice. Just kinda bums me out people live like that, but I bet he's happy having power and influence and money. Good for him.
I couldn't and wouldn't fuckin live that way and I will stick with my Casio a158, thanks.
Lol. That's a status symbol in different circles. Anyone I see someone wearing a classic Casio, I know we're going to get along.
Fuck. Lol.
Gottem
It gets better! Its actually a Sensor Watch in disguise!
🤫
That is so fucking cool.
Same as all the muppets in the city dressed up to the nines in their new beemer than you know is on monthly payments.
On the other hand; being debt free, now there's a status symbol..
I know a few people who are definitely not in a hurry to pay off low-interest mortgages from 2020 and 2021, but I suppose that they're already in a very different financial position from the people who might consider going into debt for a watch.
Can't take the house with you when you die so the less you end up paying the better in a way, unless you have someone to pass it on to like kids
Those mortgages have an interest rate of less than 3%, but now the returns on even low-risk investments are higher than that, so the borrower is better off investing the money, using some of the profit from that to pay mortgage interest, and keeping the rest.
Even more: an interest rate of <3% is basically blown away by annual inflation.
That assumes your salary goes up with inflation, though.
Being debt free one of the few status symbols you cannot see. At that point, is it a status symbol if other people cannot see it?
I mean, I still agree though. Be debt free, seriously.
Not if you get it printed on a t-shirt!
As someone starting up a custom t-shirt printing business desperately in need of building a customer base, I condone this message.
Had a friend who graduated from Georgetown with a law degree and went to work at a NYC white shoe law firm. Shortly before his first meeting with a client, his boss dragged him into the office and opened a drawer in his desk. The man had half a dozen different watches, none of which were less than $10k/ea. He matched one with my friend's suit and sent him back out. Apparently, clients at that level simply won't take you seriously unless you've got that much on your wrist.
That said, this was at an office on the penthouse floor of a lower Manhattan sky-rise. Nobody making cold calls out of a boiler room in Cincinnati cares that you overpaid for a watch.
Read an anecdote of someone in a similar station who had a client file a complaint against them because their watch was too nice. See, he's the employee who is servicing the client. He's beneath the client. He can't be wearing nicer stuff than the client.
I don't know how these people look at themselves in the mirror every morning.
Gross.
Yeah, Cincinnati lawyers don't know what time it is as a point of pride. They woo their clients by springing for a full 5 way.