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For me, it is watches and cars where I spend. They are my 'poison'. Those are things that I appreciate. I have friends that appreciate $300 bottle of wine where I do not and would not spend $30 for a bottle because I simply do not appreciate it. To each it's own, I guess.
To use your example, the funny thing is a battery powered casio is probably more accurate than a tag. The most accurate watch that I have is a 20 year old seiko more than any mechanical watch that I have. It certainly does not make financial sense at all to get a fancy watch. It is all about wants, not need.
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