Is $60,000 too much? I'd say no, Psy is worth his weight in diamonds.
How many times do you think you will have to dig through the trash because you forgot to take your silly expensive collar off your coffee cup?
You thought you had an impressive credit limit? Is your card literally made of gold, pearls and diamonds? I didn't think so.
When you've got some serious money to blow, spend it on the most frivolous things.