You Need To Stop BLOWING Your Budget | Rant&h
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- Опубліковано 17 жов 2024
- #QOTD: Let's say you have no budget - what's the piece you pick up on impulse RIGHT NOW?
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Theo & Harris is an online wristwatch news and retail platform. We cut the bullshit, we’ll bring you the raw and unfiltered material that other wristwatch news sites are paid not to write. We are dedicated to delivering value to you, our audience. We also sell watches. We love what we do.
What I like and admire is that you, as a seller/dealer, are advising people to be realistic about what they can/cannot afford and not let themselves be influenced by others and the media we access. This care-filled honest advice come rant shows integrity. That's extra valuable coming from you as someone who relies on selling. I hope we all take this to heart. Many thanks.
Thank you so much for taking the time to watch, Mark! I see this happen far too often and I'm just looking out for anyone who will listen!
I have a technique where if I feel like I just HAVE to get a certain watch I will get all the videos and pics I can and spend about 2-3 weeks looking at them EVERY DAY.
usually by the end of week 3 the NEED disappears, NOT ALWAYS, but usually. If the NEED is still there I will go for it.
But all my purchases are from a watch fund that I am building by reselling watches, as I decided none of my watches can cost my family or me my personal money ever since my daughter was born.
That way I never feel guilt for buying a watch as it never has ANY connection with my financial situation. I wasn't always like that and I even used to get watches in installments as I couldn't afford them at once, but I came to my senses and managed to get a positive balance in the watch fund and repay all previous purchases 😊
Same here :D
You spend 2 to 3 weeks a day looking at them? Interesting.
@Theo and Harris- I absolutely love what you said, I go about life the exact same way. you pull up in a Benz the guy on your left pulls up in a Lamborghini and the guy on your right pulls up in a nova. Be grateful for what you have because there's always someone out there richer/poorer than you.
I think this was one of your BEST RANTS !!! It also speaks volumes to YOUR integrity. Power to you Christian !!!
I love that you are saying this. Bluntly & honestly, don't hurt your day to day budget to buy a watch.
Like any hobby, R.C. cars, musical instruments, golfing, etc....
If you have to reduce your food budget to afford that new effects peddle , or if you have to pay rent a week late to pick up that new set of clubs... DON'T DO IT!
Absolutely!! Have a great day!
This is, by far, my favorite t&h video. Good for you for telling people this simple yet profound message.
Great video Christian. Super-relevant in this age of greed and needless financial risk. That opinion, coming from someone who is age- group and peer-group to so many budding collectors, is a very valuable thing.
Really enjoying the T&H content - thanks for taking time to share insight to the community.
Thnaks so much for taking the time to watch!
I’ve been a subscriber and a fan for a while now, truly. With that being said, after watching this, I respect you now more then ever. Keep doing awesome things and keep producing. A fan for good man, and thank you for what you and your team is putting out. Cheers.
I think your delivery was spot on. you came off not in a rude way, but in a "hey, you're my friend and you need to go to rehab" way. Keep up the solid work. I enjoy your product
Thanks so much, Chad!
I come back to this video always when thinking about getting new watches. “Enjoy what you have” is the best Advise I have received. Thanks for making this video.
Thanks, I needed that. Not that I'm in danger of encroaching on other areas of my budget, but a lot of watch content can really make you feel inadequate about sub $5k, $10k, $20k watches, which is nonsense!
Great video man. Something I will always remember a teacher told me; common sense isn't so common. It's a shame, I have plenty of friends who fall in to the rabbit hole of status and what they love becomes something that hurts them, I'm glad you've voiced your opinion on this. Have a good week.
It's out of control!! Have a great week, man!!
Agreed. As a licensed financial advisor my personal take is to keep costs of luxuries/hobbies to no more than 1% liquid net worth and to NEVER go into debt for those items.
Definitely needed to hear this. Lately I've been guilty of scaling back my hobbies and other spending JUST so I can save as much money as possible each month for a watch purchase. And it really is irrational. What's the point of saving all my money for watches when I don't go out and enjoy them? Why have a dive watch collection if I don't want to spend the money to go diving? It's crazy, but like you said, super common. Great video.
As far as the #QOTD: Silver Snoopy Speedmaster. At the current going rate of ~$13,000 I don't think I could ever afford it otherwise!
Hey, Christian. I have listed to many of your rants and this one by far felt so genuine and refreshing considering your age and as an owner of a business that sells watches. You have such a great message. You should revisit it in a recent video. Just noticed this is from '06 lol. TBH, I have yet to do business with you because I am not yet in the financial position to spend any amount of money on a new watch. But when I do, your shop will be where I pick up my first vintage.
I have never been one to take advice. I don't think I am above advice at all. Just most advice is terrible and given without consideration of the person whom it is given to. With that said, I was given a piece of advice from my aunt that stuck with me from an early age and that is, "There are only a few things in life worth financing: a home, cars, and education. The rest, have patience and save for them." She told me this during a conversation about how interest can add up so quickly and make things cost sometimes 3x the original cost because the credit card that the purchase was made on's balance is never paid in full. I took that advice very seriously and have never held any balance on a credit card. But what about my credit score, I hear someone saying right about now. I worked for a credit bureau for the better part of a decade and know for sure that it only takes 6 months to establish a credit score north of 720 and the means to do so. And while I have crushing student loan debt, I know I have eased the strain on my mental health resisting the temptation to buy on credit. There is an unmistaken additional reward to purchase when I have saved the exact amount and get to make my purchase. This means that the most expensive watch I have ever owned is a Hamilton Khaki Field, which I love. Sure, someday I'll save enough to pull the trigger on the Pasha Seatimer and Roadster Chronograph from Cartier that I have been drooling over for years now. The best part, I won't be paying a dime over what the initial price I negotiate and, at least for me, will allow me to enjoy the watch as is. It made me so happy to hear you echo a similar philosophy and I hope your video has helped your viewers make the same choice.
Sorry about the long comment but I hope future views of this rant will read my case study on your topic and find value in the idea. I hope all is well with you and the rest of the watch fam over there and I look forward to more videos to come!
Very genuine considering you have a watch business, just got into watches and I'm loving your channel! Keeping it real 💯
Thanks a lot for this video Chris! We all need a little reality check from time to time and put our priorities in order!
"Be happy with what you have" is good life advice in general, not just watches. I completely agree with you.
Thanks so much for watching, man!!
Completely agree Christian, great video! The amount of times I've heard on Hodinkees Talking Watches "If you wanna call yourself a collector you gotta have this"... Pure snobbery! There are also so many people who can only see the logo on the dial, like if it doesn't say Rolex it isn't good enough, even if they never seen the watch you're talking about, it's just ridiculous!
Anyway keep up the good work!
Thank you so much for watching, Ricardo!!!!
I've been watching your vids since episode one and, invariably, have enjoyed every one of them. This is my first time to comment, so I will try to compensate for the countless times I've missed opportunities to express appreciation for your content. So, first off, you are articulate, concise and, at times, cutting (in a good way). I really appreciate how you eke so much relevant content without resorting to watch reviews and too much consumption-based messaging. You are wise way beyond your years. I also really enjoy Liquor Run and envy the warm, congenial relationship you seem to have with your father, Rolando. Last, but not least, I like how you gesticulate with a closed fist. Where did you get that from? Must be a latin thing. Bravo!
Hahahh thank you so much for watching an taking the time to comment, Neil!! I cant tell you how happy it makes me that you enjoy our content. I definitely enjoy taking our videos in a very personal direction and I'm super pleased with how that choice is being received. If there's anything I can ever do for you, any questions I can help answer, please let me know!!
Thank you Christian...I needed this... Been trying to finally get my first Rolex, all while saving for my wedding as well... Needed to be reminded of what's important. And got new leather straps for my Hamilton khaki field mechanical. Fell in love with it again
Couldn't agree more. When it's all said and done a watch is a luxury.
Great video! I’m new to the channel, and I’m saving up for my first big luxury time piece. It’s really wonderful to see a more down to earth perspective to this industry. Keep up the great work! Really appreciate your words. Love from Toronto, Canada.
Great vid! I think this is an issue that has to be addressed because many people have gone way over budget and some even into serious debt because of buying a watch they can't really afford.
Absolutely. A terrible move!
Could listen to your rants all day!
Thanks so much!!
Well said. People can enjoy things because they like them not because of how much an items worth. Cost is determined by what people will pay. With watches that can vary considerably over time. What's very popular now, & therefore expensive, may not be so popular in the future. Buy what you like & can afford remembering that watches rarely are a good investment & often are the equivalent of flushing your money down the drain.
This is so so legit. This actually really helped me as well, so thank you very much Christian. My ego does get the better of me sometimes and advice like this really helps.
IF IT DOESN'T HURT, ITS NOT WORTH HAVING. I'm seeing this on several channels, and to me it's just sending out the wrong message.
Ya I've seen that as well.. To me, that is the dumbest thing I've heard in a very very long time.. Like wowww!
Archie Luxury???
Yeah I agree, I've seen some people max out their credit cards just because they want a watch that's more prestigious or has more 'bragging rights' even though they can't afford it....it's really sad.
Yep, those same people are the ones that will bag you for wearing a homage piece like a steinhart even tho they are well built, Swiss made and have ETA movements. Always gives me a good chuckle.
Can't be Archie, I haven't seen any of his videos in over a year.
I love how realistic your opinion is
I really liked this video but too late I already bought my new Yacht Master II Rose Gold Rolex... It feels good to see time passing by on my wrist as I'm realizing that my ongoing clientele love to rent my new Lamborghini Aventador. Which means time is money and fortunately money is always coming my way, I'm always collecting and meditating good thoughts. When you sit somewhere idle maybe a hotel lounge and you wonder what your business is upto and you see it growing, then you have the right to indulge yourself with some of these stylish things... To me it's a reminder that interesting things are always happening. Bless every moment you got and take nothing for granted, time ahead is not a promise but another blessing. Love all
My favorite Theo and Harris vid.
This was one of the best videos I've watched on UA-cam. I think any watch collector can walk away with something from that. Well done and thank you! Keep up the good work my friend!
Thank you so much!!!!
I take a lot of knocks from other watch "geeks" for my love and collection of vintage Timex. But I have a fond memory of that brand that keeps me going back. Not to mention that for under $100 each I can get automatic or manual wind watches that tick all the boxes. Day/date, dress, diver, field etc.
I think that this kind of mindset also kind of comes with time, I used to want to buy a lot of watches (and I still kind of do), but it reaches a point that I go and say "well, I have more watches that I can wear different watches everyday for 2 weeks", and once it reaches that point, it becomes kind of a moo point to buy watches that are fairly similar. I did buy my grail a couple of years ago before I became a parent - a Rolex submariner, and that's probably the most expensive watch that I will ever own, because I am not interested in further pursuing that route anymore ,and because I know that I worked 9-21 for a year in order for me to get that particular watch that I have always wanted. Everything that comes after that are just bonuses.
Absolutely! And you can alwasy treat yourself to a smaller watch, but if you dont want to surpass the Sub, dont!
Smart way to treat a topic that is not discussed enough in watches channels. Thanks for the vid man, really interesting thoughts !
Thanks so much, man!!
I think you're absolutely right Christian! I hope that people learn from this👍
Thnak you so much, Dennis!
Contentment... it's a rare jewel.
Thank you so much for sharing your thoughts on this matter.
I was considering buying my grail piece but i've come to the conclusion that the money would be better spent elsewhere. $16000 for a watch is just plain crazy. I may just go for that vintage piece i've always been after.
I know where you're coming from, but what if the *vintage* piece you want is $16000? Or in my case, $24000. Due to a windfall, I can afford it, but still I'm looking desperately for someone to validate my lust for it and give me the go-ahead.
On the other hand, I don't know how old you are, but my guess is I'm three times Christian's age. There aren't that many worthwhile places for an old geezer to put his money.
Please, somebody tell me to buy the [BLEEP] watch!
It's a difficult one. If the wristwatch is that important to you then by all means go for it but only you & you alone can make that decision. In my case i simply couldn't justify spending so much when i have other priorities, so a lot depends on your current situation. Probably best to sleep on it anyhow, everything usually becomes a lot clearer when given the time.
fake-it hey man!! I am in FULL support of you picking up a $25K watch if you can swing it AND enjoy it! Absolutely no shame there, in fact, congratulations!!
@@TheoandHarris the thing is I don't really have an Income Im a student and even 700 for a vintage seamaster is a lot for me but Im still saving all me money just for that watch
Excellent words buddy! Really like this outlook on watch collecting. It should be a fun experience rather than a status based on other people's collection.
Watching this really helped me re-evaluate my collecting goals for this year. Thanks a lot, Christian! Vid is fantastic as always.
I'm so glad I could help!
One of the nice things about all this social media stuff is that we can kind of enjoy other people's watches WITHOUT buying them...I love all the pictures and videos lol
Exactly!! Definitely a huge benefit!
"It's not a pissing contest if you don't play" - that's wisdom that can be applied to just about every aspect of living life. Big thumbs up.
Thanks so much for watching, man!!
Thanks for making this video. It's important.
Good video man! Sometimes it's hard to take a step back, appreciate what you have and not really lust after that next piece.
Very!
Don't usually comment that much on videos but it's great hearing some truth about watch goals, which other youtubers don't mention, Thanks!
Thanks so much for watching, man!!
What an amazing video, especially from someone who sells watches 👏 Great advice. Thank you
good life advice period. nice to hear a young person understand these principles
Thanks so much for watching, Stuart!!
would you ever show us your personal watch collection?
Soon!
Thanks for this video. It made me feel much better about my collection.
Thank you!! You can continue buying, everyone should! Just never stop appreciating what you have!
Beautifully said! *always a watch geek*
Thanks for sharing this. I have been struggling with it myself. Being unemployed and feeling the need to buy watches because it is a good deal, because it is rare or because it would complement my collection. In all I have bought 10 watches the past 2 months. Where I should have gotten only 1.. I just dont have the financial funds right now, maybe some day I will. Ill watch this vid next time after I get tempted to buy another one
I pull my hat 🎩. You are a true gentleman.
Good advice. Take it or leave it
Keep coming back to this videooo
Your words are so realistic and really helped me, changing my perspective about things.......I am more satisfied than I was, before watching this video! With love all the way from India !
Thank you so much!!
Great video! Exactly what I needed to hear. I have my 2-3 watches I love and am going to enjoy those. Be grateful for them and save up over the next year for an additional piece. But really am gonna slow it down and enjoy. Thanks man!
Nice work here Christian. 100% needs to be mentioned.
Amen brother!
There are some absolutely stunning affordable watches out there.
Well said, and completely agree.
Have a great day, J.B.!!
A lot of people definitely need to hear this. Even myself a little lol.
It's never enough to say that to everyone. Nice one Christian. Cheers
Great video, sometime we need to learn to admire form a distance.
Someone will always have something better than you, easy to forget what we worked hard for.
Exactly!! It;s so important to rememebr!
Brilliant video mate! A topic that NEEDED to be discussed.
Glad you enjoyed!!
great advice, Christian. Keep up the good work
Thank you so much, Edorado!!
Brilliant video. Lots of people out there competing for who has the most expensive toys, even if they can't afford it. I can afford one of the watches I want right now, but I'd rather save up so I don't touch other savings sitting in the bank.
Great advice. Thank you.
Thank you for watching!!
Very well said. I think it's easy to fall into that trap. Good to hear this, and absolutely true. I subbed too. I just found this channel thanks to TGV. I'm very glad I did. Cheers.
Great vid - spreading the contentment and gratefulness message.
Well said. This was my first time listening and viewing your channel. I must you kept it 100. I really admire that. Keep it up
Thanks so much, ALex!
You're welcome.
This is great. Watched a bunch of your videos before but this made me subscribe.
thanks,brother!!!
Probably until my retirement I would limit the price of a new watch to one paycheck. I did spend more when I was half my age but now my paycheck is larger. When I retire I may pick up my grail watch. Cost will depend on new or used.
This video is amazing.
Thank you.
thank you for watching!
Nice rant. It's a realistic take on the hobby.
Thanks so much, Chris!!
THANK YOU for saying all of that, soooo true! Keep up the great work as usual!
Love n Support from, Toronto, Canada!
Respect
Thank you,Jeffrey!!
You just won a subscriber. Thank you.
Wise words Christian. With so many good channels on horology out there (like this one), owning that extra watch one can’t quite afford is unnecessary to enjoy watches.
Thank you!!!!
Great video!! Excellent points
Good message Christian. thanks.
Thanks so much for watching, Kyle!!
Best yet...... of a lot of good videos.
Thank you somuch for that!!
Christian, so true. Shouldn't match with others but buy what you can afford and like.
Absolutely! Have a great day!
Great respect for your way of thinking, Christian! I wish I was that mature at your age ;)
lol 6:03 brings me to tears
Very, very, very good advice Christian. I, for instance, would really love to buy a submariner, but the reality is that, I just can't in the moment. hahahah but that doesn't hinder me in considering myself as a passionate collector. Thanks for the advice and please keep the videos coming!
One day, man!! You'll get there!
Loved this video, so insightful my friend!
I needed to hear this, thanks.
Good video, great points.
Great Vid..Easier said than done.
Outstanding vid and keep up the hard work.
Thanks so much!!
Great message Christian. Great vid.
Thank you for watching, Michael!!
Great channel, great content and good common sense advice!
Well said, thumps up!
Don't want us to spend beyond our means? Then don't price your watches so damn high! Ha! Great content today. Love the channel love the store.
Hahhahahah thanks so much for watching, man!! It means the world to me!
Loved this video. Spot on. Buy what like not what others like and don't get in childish show off competitions ;)
This is gospel truth. Thank you for the nice advice! :)
I needed to hear this 5 watches ago. lol
Great one Christian!
Great video as always Chris. Your advice may seem obvious to some, but it definitely is valuable advice.
Exactly- thank you so much!!
Excellent point, as usual video is great!
Thnaks so much for watching!!
Very insightful video! :D Any chance you'll do a sort-of "how-to" video on saving up for your watch collection?