I might recommend the inexpensive Casio.W218H. Mine was less than $20, and keeps time to an anorak level of accuracy. Last a good long while.How often would you replace a 'hack bike" before you realised that the amount being spent was more than the price for one bike.
Using your watch analogy as an example. I bought a £40 watch for everyday wear, including work. Which was wide and varied manual work.
There's a saying about buy cheap, buy twice.