💰Bourbon pricing has been on the rise, with some bottles exceeding $600.
🤑Crafty marketing and fancy packaging can contribute to higher prices.
🥃Personal preference plays a role in determining the value of a bottle.
🔔The concept of 'fear of missing out' (FOMO) can influence purchasing decisions.
💸Setting personal limits on bourbon spending can help avoid overspending.
What is the most expensive bourbon you've encountered?
—We've seen bottles priced at $600 or more, but we prefer to focus on the value and enjoyment rather than the price tag.
Do you think high prices are justified?
—High prices can be a result of various factors like age, rarity, and craftsmanship. However, ultimately, it's up to the consumer to determine if the value justifies the price.
How do you handle the 'fear of missing out' (FOMO)?
—We prioritize personal taste and make informed decisions based on our own preferences and budget. We try not to let FOMO influence our purchasing choices.
What advice do you have for bourbon enthusiasts on setting limits?
—It's important to set a budget that aligns with your financial situation and priorities. Only buy what you can comfortably afford and enjoy within your desired price range.
Are there affordable bourbons that are still great quality?
—Yes, there are many excellent bourbons available at affordable prices. Exploring different brands and expressions can lead to great finds without breaking the bank.
00:00Introducing the topic of how much money is too much money to spend on bourbon.
03:40Discussing the rising prices of popular bourbon releases, including examples from Wild Turkey and Whistle Pig.
07:20Sharing personal experiences and instances of overpaying for bourbon due to 'fear of missing out' (FOMO).
11:05Exploring the concept of personal limits on spending and prioritizing enjoyment and value.
14:30Answering frequently asked questions about expensive bourbons, justifications for high prices, and setting limits on bourbon spending.
18:15Encouraging bourbon enthusiasts to explore affordable options that still deliver great quality.
20:50Concluding the conversation and inviting viewers to share their thoughts and experiences on bourbon pricing.
