I once told myself i wouldn't spend an insane amount of money on fishing gear....that was before those 5 baitcasters,3 rods and countless lures and plastics i have now....jesus i was only fooling myself.
But you know what,i enjoy it and love what i have and still be able to enjoy fishing..that's all that matters.
If someone has some money they want to spend on something they really want,i say go for it.