TGIF: Defining Watch Affordability

Do you ever get frustrated by watch blogs and magazines that promise affordable timepieces and then direct you to articles on expensive luxury watches? I know I do. I'll read a headline teasing us about an "affordable" watch and then find myself reading about a $4500 watch that I won't be able to afford any time soon. Since I don't want to aggravate you, I figure this might be a good time to throw out some general definitions of watch categories. I'll use some terms that come up regularly on this blog and in my X posts:  cheap, affordable, attainable, and achievable.

An Inexpensive Watch at Walmart

What is a Cheap Watch?

To me, a cheap watch is a watch that costs less than  $50 US. Most of us can purchase a cheap watch without deeply affecting the family budget during a given pay period. At this price point, there are legions of watches available. Reliable brands like Armitron, Caribbean Joe, Casio, George, Timex, and US Polo Assn are solid brand names in this category. However, as my Ten Dollar Tuesday blog posts show, these brands are being pursued by lesser known Chinese brands that are delivering surprising features in this price category.

A Rumours Quartz Watch

What is an Affordable Watch?

I believe an affordable watch is a watch that generally costs less than $300 US. Most of us can purchase an affordable watch with just a little savings or a credit card. An affordable watch shouldn't impact family finances much.  At this price point, brands like Casio and  Timex are joined by brands like Caravelle, Guess, Invicta, Hilfiger, MVMT, Nautica, Perry Ellis, and Wenger. Watches from brands like Bulova, Mathey-Tissot, Momentum, Orient, and Seiko also start to appear on shopping lists.

A Wenger Grenadier Watch

What is an Attainable Watch?

To me, an attainable watch is a watch that generally costs less than $1200 US. It's not always easy or prudent to purchase an attainable watch, but diligent savings, a nice tax refund, a decent work bonus, or some other windfall should sometimes allow an attainable watch to enter the collection from time to time. Attainable watches might come from brands like Bulova, Hamilton, Laco, LIV, Mido, Mondaine, Movado, or Tissot. There are lots of attainable watch brands from France, Germany, Japan, and Switzerland. I consider these watch brands something special, a real luxury, and they evidence a strong commitment to watch collecting.

A Bulova Watch with Diamond Markers

What is an Achievable Watch?

To me, an achievable watch is a watch that generally costs between  $1200 and $2500 US dollars. You have to be financially successful to have the disposable income to buy these watches.  However, if you work hard, save, invest, and make all the right moves, you should be able to achieve the success necessary to buy one of these watches. I cover these watches from time to time because they are interesting and because they might be something we can get our hands on without using a ski mask and a hammer. But, this blog doesn't dwell on these watches because they are beyond the prudent reach of many readers.

What lies Beyond Achievable?

Once we get beyond $2500, we enter the world of the highly successful. These might be the luxury and ultra-luxury watches of entrepreneurs, lawyers,  doctors, and real estate moguls of our world. This blog ends where many mainstream watch magazines and influencers begin. We might admire these watches from afar. For most of us, watches from brands like Panerai, Tudor, and Rolex are out of prudent financial reach. I spot them from time to time on people who are successful entrepreneurs. God bless them for putting in the hours and taking the risks to fuel our economy. These brands established the icons that serve as aiming points for the rest of the watch industry. I don't generally cover these watch brand on this blog unless I notice one in the wild, find a great deal on a used one, or use one as an inspiration for finding similar looking more affordable watches

Hopefully, these definitions help a bit. Obviously, they can be a little fluid from time to time. But, this should cover the gist of what I cover on this blog.  May all of you attain the prosperity to only visit this blog in search of beater watches for gardening and mowing your lawn.