Deep down, you recognize that the watch today is an really just a fashion affectation. Not spending on something nonessential I wouldn’t be concerned about unless you can’t spend even on trivial enjoyments. If you have problems spending in something like your own healthcare, then that’s a different story.
$1250 is $1250 and while today that may be a trivial drop in your annual spending, if you’re still working it equates to some amount of work.
Now again if the only reason you’re not sitting around in ratted out holey underwear on a dumpster salvaged lawn chair using a 300 baud dial up modem on a 1990s Dell with 8088 processor is your wife furnishes the house and buys your clothes, you may have a problem.