[matwood]

That's an interesting point to the attachment of not having things. I might have been on that path until a previous girlfriend brought me back towards balance in the other direction. She convinced me to buy a couch and replace my plastic deck chairs. :)

I was thinking more along the lines of how people act differently with stuff. A personal example would be my dslr camera. I purposely bought the least expensive that I could get away with, but still have the basic features I wanted (used nikon d60 if you're curious). I take it everywhere and use it all the time because I don't worry about it getting broken or banged up. Obviously I'm not going to toss my camera out the window, but I'm also not going to go nuts if bangs on a rock while I'm hiking. Things are just things.

Contrast this with a friend of mine who bought a d3 (~$10k!) and a bunch of lenses that go for over $2k. He rarely ever uses the camera. It's like he's afraid to mess it up. In my mind his camera is owning him rather than him owning a camera.

[loewenskind]

Well, personally my strategy is to try and get things to pay for themselves. I bought the most expensive camera I could in the hope that some day I could sell a few photos. Passive income is, after all, the holy grail. So if I'm taking photos for a hobby anyway, maybe this hobby can start paying for itself. I wouldn't want to engage in an expensive hobby that didn't even have that potential.

[matwood]

Unless there is a certain feature you needed a more expensive camera for (higher fps for sports photography for example) photos are much more the photographer than the camera. Glass is a much better place to spend money than on a camera body.

The professional photographers I know or even the guys who just sell pictures on the side use relatively inexpensive equipment compared to what is available for sale.