Just bought an 11 year old car for 12k. Because a new one would’ve wiped out my savings and then some after saving for 5 years to replace my 20 year old car. Nobody can afford shit.
People need to stop “pretending” they can afford all this shit, it’s not needed and noone cares, who are people showing off too?
New iphone? Don’t need it
Maybe if we stop buying shit these companies will actually try
I bought a boat last year and now I want a bigger one. I’ve got lots of disposable income because I don’t live beyond my means. Lots of people carry credit card debt and spend stupidly. Don’t do that and you’ll likely be ahead of most people.
The boats are around 2k. Not huge rich guy money.
The cost of a boat is primarily in upkeep, not price. You’ll see.
You say primarily. Only really on the long term. It’s mid 20 foot sail boats. I can learn to do fiberglass/painting, etc myself. Paying tradesmen is where the cost is.
Fiberglass ain’t cheap either brother. You need to fix a water tank? Just looking at fiberglass makes your wallet lighter $500, and costs rise exponentially.
Problem with your inverter? Batteries? Generator? 3k a piece, and that’s if you’re shopping around.
Don’t get me wrong, I live off-grid and after doing it for a few years we decided a while back that if it’s not rated marine we just aren’t interested in it. Everything rusts. Every bullshit thing in the market is designed to fail after 200 cycles, just past the 180day warranty. But marine ratings are actually enforced. So everything we own has steadily become aluminum or stainless steel. Redoing finishes and waterproofing, oiling. Protecting shit from the weather is almost a full time job.
And then the canvas. And the rigging. And the ropes. Rope is without question my favorite tool. I know a solid 50+ knots I can do blindfolded, upside down and behind my back hanging in a tree. Bro, I love sailing, and rigging for that matter, and I won’t even do what your doing and I’m in my early 40s, childless, no debt, own two businesses, have no rent or mortgage payment - and I can’t afford a boat.
Godspeed my man.
I’m not rebuilding a boat. I’m finding a boat in good condition with space to basically camp for a week. Inverter? Generator? Bro I’m not buying a yacht. I’m looking at 50 year old boats built like tanks with matching accomodations. Just want to get out there and have some fun. Lines can get rough and ugly but still have years in them when it’s double braid. Also it’s going to be in fresh water for most of its life. Merely interested in patching any bad looking stuff with fairing compound, hit it with some bottom paint every now and then. I already passed on a 1972(?) Pearson 26 (soft spots in the deck), now looking at an Ericson 27 instead.
I bought a boat last year and now I want a bigger one…I don’t live beyond my means…spend stupidly…
🤯🤯🤯
Homie. You just bought the largest money sink there is. You can drop 20k into your 2k boat and when you turn around and sell it you’ll get your 2k back, that’s it, maybe. All the amenities are nice, but no one cares if the all the outlets match the drapes - that’s why buying either is stupid, financially.
Fences are another good example. They can cost tens of thousands…EASY. In fact if I heard a neighbor fenced even one side of their yard for under 5k id be in shock. They make a place more livable, more comfortable. They increase the likelihood of a sale but they don’t increase property value so you’re never getting a return on that money.
Be it fences, boats, outlet covers or drapes, those are all emotional purchases. Their value is subjective, so most find when it’s time to move on from them theyre the only ones who see that value.
Like go spend 5k on a couch. How much you think your gonna get for that? Or your mattress?
Better live on your next boat if you like life on the water. It’s literally the only way I’ve ever seen anyone who works for a paycheck hold onto a boat. A real boat. The kind that you have to moar and drydock once every few years. Only way.
It’s a hobby. I’m doing a proper checking to make sure everything is sound and not putting money in for it to look pretty, just to sail around and camp on the water on the weekend. Like I said I’m far from broke.
To be clear, you can have any hobby you want my man, that’s cool. You do you. I’m not taking umbrage due to your taste or aesthetics. The part that offends is your condescending attitude towards other peoples spending, while you do one of the most expensive “hobbies” there are. If the contrast isn’t striking to you or you think you’ve earned some next level respect, having risen above the mere mortals and all, well then you just come off quite Antoinette, and as a quick reminder, that’s not a good look either.
Don’t get me wrong, I’m not saying that’s what this is or putting you on blast, I’m just saying it’s bringing these vibes to me and putting that on the table. You do with it what you will. If there’s something I can tell ya that’s universal across cultures, it’s lend a hand to help, bring people up with you, and attack up, not down, especially with jokes, opinions and attitudes.
Otherwise you’re just a kiss ass for people with more money/power than you. And idk man, some people are comfortable licking boots and kneeling, I don’t get it but it is what it is, it’s just not something I can quantifying into a price. The rest of us just have to cope, I guess, with owning our dignity, integrity and spines. For some people everything is for sale.
I was merely offhanded mentioning what I was planning on spending the money I’ve saved by not owing high interest credit card debt. Partly as a way to share my excitement on a minor thing.
I’ve passed on the boat I looked at today as it’s a bit too much work and money to bring up. I try to make sound financial decisions.
I can afford a new car. Want to know how I can afford a new car?
By not doing stupid things like buying new cars.
People who buy new are wild to me. I can afford a new car, or I could just buy a car that’s only a few years old with low mileage and save a ton of money. Seems like a no brainer to me.
Depends on when. There have been many times in the past 20 years that “low mileage” cars are only a couple thousand less than new, and some rare cases during the pandemic where used was more than new, cause new didn’t exist.
Even now depending on where you live, you have to get a fairly used car to get a significant discount.
I can’t afford a used car. My dad helped me buy my current car and if it does I’m fucked.