Significant other limiting your purchases?

[killertone]

I completely understand where you are coming from, Mo. I get it. Problem is you can't live in this day and age without credit. And when you have good credit, money is a whole lot cheaper. If I can pay something off over 6 months at 0% interest, that costs the banks money and I win. Sometimes that works and sometimes it isn't worth it. Depends on the amount you are spending. I don't know anyone who has $350K to drop down on a house...plus that is a dumb financial move anyway unless you flip in the short term and are guaranteed to make bank. My mortgage is at 4.25% down from 6.75%, I shaved 8 years off of my payments and my note went up $40/month when we refinanced a few years ago. The thing with all of this is to be responsible. Too many people have to keep up with the Joneses and get sucked to in to the culture of American Consumerism. Living within your means, with good credit, and owing as little as humanly possible save for a house note and maybe a car note is the way to go. Shit, I want a new (used) truck like crazy but my '02 F-150 SuperCrew with 140k miles is still kicking ass. I'm driving that thing til it explodes.

 

[Ventura]

I completely understand where you are coming from, Mo. I get it. Problem is you can't live in this day and age without credit. And when you have good credit, money is a whole lot cheaper. If I can pay something off over 6 months at 0% interest, that costs the banks money and I win. Sometimes that works and sometimes it isn't worth it. Depends on the amount you are spending. I don't know anyone who has $350K to drop down on a house...plus that is a dumb financial move anyway unless you flip in the short term and are guaranteed to make bank. My mortgage is at 4.25% down from 6.75%, I shaved 8 years off of my payments and my note went up $40/month when we refinanced a few years ago. The thing with all of this is to be responsible. Too many people have to keep up with the Joneses and get sucked to in to the culture of American Consumerism. Living within your means, with good credit, and owing as little as humanly possible save for a house note and maybe a car note is the way to go. Shit, I want a new (used) truck like crazy but my '02 F-150 SuperCrew with 140k miles is still kicking ass. I'm driving that thing til it explodes.

All of this is completely sensible and 100% up my alley!

The only thing always continuing to perplex me is the statement "Problem is you can't live in this day and age without credit". That's my rub. Cash is becoming extinct man...like diamonds, more and more of them withheld only to preserve their false value (don't get me started). It's this cashless society thing, sure sure, the bible mentioned this but you ALL know about me and the bible , but seriously...money is money, right? Wrong! I remember the look on my salesman's face when I tried buying a luxury car with cash. "Oh, um, we can't accept that". Ha ha ha ha ha ha ha, what a gas...!! You see where I'm coming from, right? I mean - you can't trace cash, and they "say" it's for protective measures that "we" need to ensure that "money" isn't dirty, embezzled, illicit, etc. but really, what it is is, keep as much of the paper tied up in the institutions so that the paper wealth of a country's economy can therefore proceed to conduct arbitrage and other paperless acts financially, and extend to YOU, the good citizen, entrusting the institutions to care for your money, and they, in return, give you a plastic card to spend it "safely". Irks me man, I go to my bank, "Hello Mo, what can we do for you?" "I need 25,000 cash please..." "Oh, um, Mo, you know that's going to require a few days to get together may we ask what it is you need this money for?? Can we not do a "certified check or bank draft??". See?? My money - but whatever you do "please do NOT take it OUT of the institution". And what the FUCK do you need to know what I need $25,000 for or $100,000 for?!?!? It's my money bitch - cough it up... Ah, but the new rules - used to $50,000 was accepted, then $25,000, then $12,000....and now? $10,000 is the maximum allowable amount one can make movable and often at times, it requires authorization and identification. Bastards got us by the short and curlies, and not one fuckin' nickel is even theirs.

Ya, I'm jaded, I know how the system works and it infuriates me. BUt as I said to my wife - remember the days banks used to give you interest for keeping your money with them? Ya, well, now they charge you for it...I'd have more fun pulling out every red cent I owned, laying it all across the floor of my basement and jerking off on it daily then leaving it in the capable hands of my entrusted and beloved "safe" financial institutions

Whatever.

 

[jmgman69]

IMO a g/f doesn't get to make this kinda call. A wife is different.

BINGO!!!!!!!!

 

[Bob Savage]

Nobody tells me what to do. I do exactly what I want to do every second, every minute, every hour, every day, every week, every month, every year, every decade, every century, every millennium, into eternity and beyond.

 

[Mailman1971]

Nobody tells me what to do. I do exactly what I want to do every second, every minute, every hour, every day, every week, every month, every year, every decade, every century, every millennium, into eternity and beyond.

Thats all fine......Now go make us some drinks!

 

[Bob Savage]

Thats all fine......Now go make us some drinks!

The only one sipping drinks that are made by my hand is me, because that's what I want. No compromises.

 

[Mailman1971]

Thats all fine......Now go make us some drinks!

The only one sipping drinks that are made by my hand is me, because that's what I want. No compromises.

You are Sir.....what I like to call.....a tough cookie.

 

[Bob Savage]

You are Sir.....what I like to call.....a tough cookie.

Who are you calling a cookie?!!?!??






I prefer cupcake

 

[Ventura]

This got weird.

Which is good as it was high time it did

 

[Mailman1971]

You are Sir.....what I like to call.....a tough cookie.

Who are you calling a cookie?!!?!??






I prefer cupcake

So now I can no longer call you "My little Muffin"?
Ok.....*sigh*.....Cupcake it is.

This got weird.

Which is good as it was high time it did

Yeah its all fun right? I really hope no one thinks I would call Bob Cupcake when Muffin is so much more preffered.

 

[killertone]

I completely understand where you are coming from, Mo. I get it. Problem is you can't live in this day and age without credit. And when you have good credit, money is a whole lot cheaper. If I can pay something off over 6 months at 0% interest, that costs the banks money and I win. Sometimes that works and sometimes it isn't worth it. Depends on the amount you are spending. I don't know anyone who has $350K to drop down on a house...plus that is a dumb financial move anyway unless you flip in the short term and are guaranteed to make bank. My mortgage is at 4.25% down from 6.75%, I shaved 8 years off of my payments and my note went up $40/month when we refinanced a few years ago. The thing with all of this is to be responsible. Too many people have to keep up with the Joneses and get sucked to in to the culture of American Consumerism. Living within your means, with good credit, and owing as little as humanly possible save for a house note and maybe a car note is the way to go. Shit, I want a new (used) truck like crazy but my '02 F-150 SuperCrew with 140k miles is still kicking ass. I'm driving that thing til it explodes.

All of this is completely sensible and 100% up my alley!

The only thing always continuing to perplex me is the statement "Problem is you can't live in this day and age without credit". That's my rub. Cash is becoming extinct man...like diamonds, more and more of them withheld only to preserve their false value (don't get me started). It's this cashless society thing, sure sure, the bible mentioned this but you ALL know about me and the bible , but seriously...money is money, right? Wrong! I remember the look on my salesman's face when I tried buying a luxury car with cash. "Oh, um, we can't accept that". Ha ha ha ha ha ha ha, what a gas...!! You see where I'm coming from, right? I mean - you can't trace cash, and they "say" it's for protective measures that "we" need to ensure that "money" isn't dirty, embezzled, illicit, etc. but really, what it is is, keep as much of the paper tied up in the institutions so that the paper wealth of a country's economy can therefore proceed to conduct arbitrage and other paperless acts financially, and extend to YOU, the good citizen, entrusting the institutions to care for your money, and they, in return, give you a plastic card to spend it "safely". Irks me man, I go to my bank, "Hello Mo, what can we do for you?" "I need 25,000 cash please..." "Oh, um, Mo, you know that's going to require a few days to get together may we ask what it is you need this money for?? Can we not do a "certified check or bank draft??". See?? My money - but whatever you do "please do NOT take it OUT of the institution". And what the FUCK do you need to know what I need $25,000 for or $100,000 for?!?!? It's my money bitch - cough it up... Ah, but the new rules - used to $50,000 was accepted, then $25,000, then $12,000....and now? $10,000 is the maximum allowable amount one can make movable and often at times, it requires authorization and identification. Bastards got us by the short and curlies, and not one fuckin' nickel is even theirs.

Ya, I'm jaded, I know how the system works and it infuriates me. BUt as I said to my wife - remember the days banks used to give you interest for keeping your money with them? Ya, well, now they charge you for it...I'd have more fun pulling out every red cent I owned, laying it all across the floor of my basement and jerking off on it daily then leaving it in the capable hands of my entrusted and beloved "safe" financial institutions

Whatever.

Preach brutha Mo! We may not agree on Diezels but I am all about ^that^ shit!

 

[Zap]

I completely understand where you are coming from, Mo. I get it. Problem is you can't live in this day and age without credit. And when you have good credit, money is a whole lot cheaper. If I can pay something off over 6 months at 0% interest, that costs the banks money and I win. Sometimes that works and sometimes it isn't worth it. Depends on the amount you are spending. I don't know anyone who has $350K to drop down on a house...plus that is a dumb financial move anyway unless you flip in the short term and are guaranteed to make bank. My mortgage is at 4.25% down from 6.75%, I shaved 8 years off of my payments and my note went up $40/month when we refinanced a few years ago. The thing with all of this is to be responsible. Too many people have to keep up with the Joneses and get sucked to in to the culture of American Consumerism. Living within your means, with good credit, and owing as little as humanly possible save for a house note and maybe a car note is the way to go. Shit, I want a new (used) truck like crazy but my '02 F-150 SuperCrew with 140k miles is still kicking ass. I'm driving that thing til it explodes.

All of this is completely sensible and 100% up my alley!

The only thing always continuing to perplex me is the statement "Problem is you can't live in this day and age without credit". That's my rub. Cash is becoming extinct man...like diamonds, more and more of them withheld only to preserve their false value (don't get me started). It's this cashless society thing, sure sure, the bible mentioned this but you ALL know about me and the bible , but seriously...money is money, right? Wrong! I remember the look on my salesman's face when I tried buying a luxury car with cash. "Oh, um, we can't accept that". Ha ha ha ha ha ha ha, what a gas...!! You see where I'm coming from, right? I mean - you can't trace cash, and they "say" it's for protective measures that "we" need to ensure that "money" isn't dirty, embezzled, illicit, etc. but really, what it is is, keep as much of the paper tied up in the institutions so that the paper wealth of a country's economy can therefore proceed to conduct arbitrage and other paperless acts financially, and extend to YOU, the good citizen, entrusting the institutions to care for your money, and they, in return, give you a plastic card to spend it "safely". Irks me man, I go to my bank, "Hello Mo, what can we do for you?" "I need 25,000 cash please..." "Oh, um, Mo, you know that's going to require a few days to get together may we ask what it is you need this money for?? Can we not do a "certified check or bank draft??". See?? My money - but whatever you do "please do NOT take it OUT of the institution". And what the FUCK do you need to know what I need $25,000 for or $100,000 for?!?!? It's my money bitch - cough it up... Ah, but the new rules - used to $50,000 was accepted, then $25,000, then $12,000....and now? $10,000 is the maximum allowable amount one can make movable and often at times, it requires authorization and identification. Bastards got us by the short and curlies, and not one fuckin' nickel is even theirs.

Ya, I'm jaded, I know how the system works and it infuriates me. BUt as I said to my wife - remember the days banks used to give you interest for keeping your money with them? Ya, well, now they charge you for it...I'd have more fun pulling out every red cent I owned, laying it all across the floor of my basement and jerking off on it daily then leaving it in the capable hands of my entrusted and beloved "safe" financial institutions

Whatever.

Preach brutha Mo! We may not agree on Diezels but I am all about ^that^ shit!

A lot of valid points on the financial institutions here. The companies really hate guys like me and killertone because I don't buy anything I can't pay off comfortably within the same month, and this whole time I've been collecting rewards money hand over fist from them! They keep raising my credit limit (I had an $23,000 limit when I was 18) in order to try to get me to slip up, but I never will! However, if the vast majority of people didn't slip up, and they didn't make money in interest, credit cards wouldn't exist. It's a money-making operation that's very effective. Despite this, having good credit is important if you need to get a loan for purchasing property.

 

[Ventura]

Well, thanks for at least letting me vent, er, PREACH, as I felt a load off after getting my words out

Two of the worst things for humankind are man made: Religion and Money

Brutha Mojo

 

[GuitarGuyLP]

Good read overall. I agree that minimal credit is good. I keep calling my credit card companies telling them to lower my limit back to where I want it. They keep on increasing it every 6 months or so. I have canceled a few cards because of this. I am in the process of renewing my mortgage, and the broker can't believe that at 31 I have about 50% of my house paid off, my cars are paid off, and I will have my house completely paid off in 15 years. Most people when they renew their mortgage they max out the mortgage amount to pay off debt, and live a lifestyle that they can't afford. What will happen to them when the mortgage rates go up another 2-3%?? I am locking in at 3.15% for 5 years so that I can put that extra that I used to spend on interest on the principal, it is a rare thing. Most people (according to my mortgage broker) try to get the payments lower so that they have more spending money. I don't understand how people can be so willing to be a slave to their mortgage, and have the stress that if rates go up they are screwed!! The interesting thing is my aunt, and uncle were audited a couple of years ago, and the reason they were flagged for a tax audit is that they own their house, have no debt, lots of retirement savings, they own my aunt's lunch truck business all out, and they both live well below their means. That now raises flags for an audit!!!!!

Now back to the gear question. I don't have a budget, or limit imposed on me. I can buy, and sell whatever I like, and my wife has no problems. I limit my purchases my self. I find that if I don't like having more than two nice guitars. I used to have about seven, but then I felt like I didn't really bond with them. I am back down to two main guitars, and I know them like the back of my hand. I also am only happy with one, or two amps, any more than that I just don't get inspired. That is why I am going down to a single amp and 212 cab. That is just my preference. I also don't like having a lot of money into my gear, I feel that there are better things for me to spend my money on. I have had some very high dollar amps, and guitars. I didn't get any more enjoyment out of them than my reasonably priced gear. Also I won't be too upset if I were to scratch my guitars, or get a rip in the tolex on my amp.

When I had a PRS Artist guitar with a 10 top I would always be very carefull playing it, and I cleaned it every time I was done. With my current guitars I just play without worrying about it too much. That is what makes me happy, but to each their own. I know some guys appriciate the high end gear a lot more, and like having a lot of options, and that is cool as long as you don't go into credit card debt to buy them.

 

[Ventura]

Now back to the gear question. I don't have a budget, or limit imposed on me. I can buy, and sell whatever I like, and my wife has no problems. I limit my purchases my self. I find that if I don't like having more than two nice guitars. I used to have about seven, but then I felt like I didn't really bond with them. I am back down to two main guitars, and I know them like the back of my hand. I also am only happy with one, or two amps, any more than that I just don't get inspired. That is why I am going down to a single amp and 212 cab. That is just my preference. I also don't like having a lot of money into my gear, I feel that there are better things for me to spend my money on. I have had some very high dollar amps, and guitars. I didn't get any more enjoyment out of them than my reasonably priced gear. Also I won't be too upset if I were to scratch my guitars, or get a rip in the tolex on my amp.

Very, very wise words...

I mean it. I am often sitting here wondering why the hell I have so much gear, and I know - I mean KNOW - that the cats I look up to in the world of musical inspiration have but one or two key guitars, and their signature sounding amps. Less = more, due to the fact that you truly, really, totally get to know your gear.

I like this statement above a lot. Nicely played

 

[sinfish]

haha it's one of those "I'm going to pretend like I'm kiddin' but you better listen anyway" kinda rules

i just thought it was funny

Haha You sound like you are single

 

[sinfish]

My wife hates my gear and bitches when I buy anything. Somehow she goes shopping every week. So I just buy what I want and I don't tell her. Everything I own I have had for years.

 

[kasperjensen]

GET SOME FUCKING NUTS, GUYS!!!!









(And another bank account registered to a PO box in the name of 'United Hybrid Utilities Inc', where you deposit irregular amounts but on a regular basis. Have another gear head friend send detailed bills every month from with the logos and all. Gear fund at the ready!!!)

In all seriousness... It doesn't come up. But I don't go and buy new gear instead of putting food on the table.

Simples.

 

[mysticaxe]

Ya, I'm jaded, I know how the system works and it infuriates me. BUt as I said to my wife - remember the days banks used to give you interest for keeping your money with them? Ya, well, now they charge you for it...I'd have more fun pulling out every red cent I owned, laying it all across the floor of my basement and jerking off on it daily then leaving it in the capable hands of my entrusted and beloved "safe" financial institutions

Whatever.

Remind me not to sell you anything. I don't want any of your basement money...

As to the original question. I spend what I want on guitar gear, which isn't much. I have enough stuff for what and how I play (3 guitars, 2 heads, some effects). If I want something else big, I sell something I have to get it. If it's a small effects box, I don't worry about it. My wife is fine with that because she knows that if she asks, I'll go into WAY more detail than she wants to hear...

 

[Atropos_Project]

However, if the vast majority of people didn't slip up, and they didn't make money in interest, credit cards wouldn't exist. It's a money-making operation that's very effective. Despite this, having good credit is important if you need to get a loan for purchasing property.

Exactly right. People who enjoy cash back cards are subsidized completely by card debt carriers and purchase fees that even cash users need to pay (which is utter and complete bullshit).

It's also why the no 'interest for x months' cards changed how they operate a bit. For a while a few years back, folks were realizing that they could pay no payment / no interest loans to themselves via credit cards, let the money sit in cd's etc, and make a nice chunk of change for no effort or risk at all on their part.