It is a truth universally acknowledge that you can spend as much on a hobby or activity as you want. Some hobbies naturally lend themselves to excess (collecting Mahnolo Blahnik shoes) and some naturally lend themselves to thrift (collecting paper clips), but a creative person can find a way to spend a lot on even the simplest pastime (such as knitting).
To that end, I have discovered qiviut (/'ki vjut/). Qiviut is the wool of the musk ox. Specifically, it is the soft wool under the long outer coat. (“Qiviut” is an Inuit word – musk oxen are native to Alaska, Greenland and northern Canada.) Qiviut is stronger than wool, softer than cashmere, it will not shrink in hot water, and it doesn’t itch. And it is insanely expensive. 300 yards of laceweight yarn (enough for a scarf) could easily run you $100.
This was supposed to be my “cheap” hobby.