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What do you guys do to afford all of this equipment? - Page 3

post #61 of 116
Quote:
Originally Posted by edorr View Post

Let's not forget 80% of people just want to pay the rent/mortage, another 15% want to do the same AND get their kids to a decent school, and the trade-off between ski vacation and DLP projector is only an issue for the remaining 5%.
+1
post #62 of 116
Don't forget those of us that have no kids. How much does it cost to raise one kid and put him through college these days? $ 1,000,000. ? eek.gif
post #63 of 116
Quote:
Originally Posted by Craig Peer View Post

Don't forget those of us that have no kids. How much does it cost to raise one kid and put him through college these days? $ 1,000,000. ? eek.gif

In my neck of the woods public schools are so crap, you start writing hefty checks for education right out of the gate in elementary school....
post #64 of 116
Quote:
Originally Posted by Bond 007 View Post

Whats up with Japan and used panties? Kinda creepy guys.

Quote:
Originally Posted by Frohlich View Post

Kind of creepy...its off the charts creepy!!!! Thats why I want to buy a one way ticket to live there Pronto but my clown career isn't as lucrative as anticipated and I can't affort it.

Seriously, this kind of stuff was around in shady districts about 20 years ago. I have not heard of something like this for a long time. Although, I do know they give away porn stars signed panties in porn mags for promotions, not used though.
post #65 of 116
Quote:
Originally Posted by l1l2l3l4l5l View Post

Serious. Every time I come here I wonder in awe at what some people do to be able to buy projectors and speakers more expensive than my car =/.
I can't help looking at your handle name and wanting to apply RegEx to it.
post #66 of 116
Quote:
Originally Posted by Bond 007 View Post

Thats nothin'. I sell my organs.

Hell, I think I may have sold one of your organs!

Did you happen to wake up in the bathtub of a sleazy motel not long ago with a new scar?
post #67 of 116
Quote:
Originally Posted by edorr View Post

In my neck of the woods public schools are so crap, you start writing hefty checks for education right out of the gate in elementary school....

In your neck of the woods they call elementary school, right out of the gate? Lucky you.

I had to sell one of Bonds organs just to get our unborn child on the waiting list for preschool in NY!
post #68 of 116
Quote:
Originally Posted by bigbrother52 View Post

Hell, I think I may have sold one of your organs!

Did you happen to wake up in the bathtub of a sleazy motel not long ago with a new scar?
Well..now that you mention it... biggrin.gif
post #69 of 116
Quote:
Originally Posted by Craig Peer View Post

Don't forget those of us that have no kids. How much does it cost to raise one kid and put him through college these days? $ 1,000,000. ? eek.gif

Tell me about it. I have two kids and am saving for their college, vacations, house, cars, braces,etc..... Left over money goes towards fun stuff like HT and golf. Not complaining at all as I am very blessed in life but kids ain't cheap :-)
post #70 of 116
If times get really tough you could always sell their organs. biggrin.gif
post #71 of 116
The answer is simple - just home school all your children to become AV engineers using high end equipment for them to train on

win + win
post #72 of 116
Quote:
Originally Posted by Bond 007 View Post

If times get really tough you could always sell their organs. biggrin.gif

I tried that on ebay. Buyer got all mad that I wasn't offering free shipping like his sources in Asia. Turned into a big fight and ends up listing organs violates ebay listing practices. Missed two days of clown college trying to straighten things out.
post #73 of 116
I list my organs as "novelties".
post #74 of 116
I think this thread gets a perfect 10 on the wrong-o-meter!!! smile.gif


Sent from my iPhone using Tapatalk - now Free
post #75 of 116
I don't think the OP was looking for a bunch of sarcastic answers though, lol
post #76 of 116
Whos being sarcastic?
post #77 of 116
Quote:
Originally Posted by Bond 007 View Post

Whos being sarcastic?

Good one.
post #78 of 116
Quote:
Originally Posted by Craig Peer View Post

Don't forget those of us that have no kids. How much does it cost to raise one kid and put him through college these days? $ 1,000,000. ? eek.gif

A friggin' men! biggrin.gif

No kids, never been married. I'm a TV repairman by trade. And I'm not kidding with that.
post #79 of 116
I will give serious answer. The first obvious thing you noticed is that the gear is priced as much as your car. That's a key area where I save money. I tend to drive my cars for about 10 years. When I am not paying a car note, that money goes to audio. My salary is modest by the guy's on this forums standards. Some have actually chuckled when they hear that I make about 125k wink.gif. However, that 125k comes with an additional 6 weeks paid vacation and about a week, 58 hours of sick time. I am able to take as much time as I want and sell the rest. Typically I sell some the time each year about $8000, about 5k and some change after taxes, and take only 2 weeks vacation. Each week I also save just about 60 dollars toward my hobby. My wife is cool with it. I was doing it when she met me. Not all of the money is spent on audio. It goes into a savings account which grows at about 8k per year unless I buy something. Additionally I save 10% with a joint saving fund between my wife and myself, 18% into my 401k until it maxes at $17.5 of contributions and a about 5k yearly into some small investments. My wife earns about 60k and we have one child. We are fortunate to have a VERY good public school system in the suburb where I live so educational expenses are minor. I do have rental property as well that has also contributed about another 20k of income depending upon status, some was damaged by hurricane Katrina. My job also includes a pension of about 4k monthly upon retirement, an amount that has also gotten some chuckles from the big shots around here. It means they I am not quite as concerned about retirement savings for my lifestyle.

Because I chose wisely when I purchase and a lot of my gear is purchased used, I am able to use some of the value in current components when I upgrade. For example I have a pair of $20k speakers, Mcintosh XR200s. With a lot of web searching I was able to find them on the internet for 11.8k as a demo pair. The previous pair of speaker that I owned, Mcintosh LS360s were sold for about 3k, so I was out of pocket for about 8k. Right now I would say I have gear with a retail value of about $80k. My audio gear purchases date back at least 25 years and some of the value of each component still remains because I sale to upgrade.

In college I learned from my fraternity brothers, to do automotive repairs. My wife does not drive cars as long as I. It would just be too much of a hassle for me to maintain both. To give you a clue of how much I save there however, I will describe a recent brake job on my wife's BMW. The dealer cost to do the job was about was 2k for all four wheels. Instead I purchased the parts online and for $500 or so, from a BWM dealer out of state and did the job myself. It's not as hard as it might seem as I have an uncle that owns a repair shop with lift to which I have full access and likely will inherit. The following week I repaired the brakes on my Jeep for about $150.

For many years, my wife and I take trips so that she can shop on Black Friday. Here too I save money. At the large outlets in Houston, Dallas, and Miami area, I am able to buy all sort of clothing, especially expensive leather shoes at great discount. There is typically a summer trip as well to these large outlets.

I do all of this because I am a fanatic when it comes to audio. The savings are not to allow me to retire early, go on expensive vacations. or anything that noble. The saving are for one purpose,so that I can have the best stereo possible. I have no other expensive hobbies.

Let's hope this very candid answer, from one fanatic has been of some help to you. Often, guys ask me how can I afford to buy such expensive gear yet they drive cars with at least $6k of annual car notes. Best help I can give is whatever you do, don't spend all of your money on cars. My most wealthy close friend, multi-millionaire, heir to once third larges steel cable manufacturing company in the world once told me," How can I buy a new car? What kind of business man would I be if I entered into ANY deal where I took a 20% loss upon my signature?" I'm sure not all agree but the money lost on cars alone by the typical consumer is enough over a period of years to buy most of the gear on this forum.
post #80 of 116
Interesting that you think youre salary is modest by "the guys on this forums" standards. I would kill for a job that pays 10k a month. Its all about perspective.
post #81 of 116
Quote:
Originally Posted by Bond 007 View Post

I would kill for a job that pays 10k a month. Its all about perspective.

I'm sure a good hitman makes more than $10K a month, so you should inquire for employment with the local casa nostra operation.
post #82 of 116
Quote:
Originally Posted by Bulldogger View Post

I will give serious answer. The first obvious thing you noticed is that the gear is priced as much as your car. That's a key area where I save money. I tend to drive my cars for about 10 years. When I am not paying a car note, that money goes to audio. My salary is modest by the guy's on this forums standards. Some have actually chuckled when they hear that I make about 125k wink.gif. However, that 125k comes with an additional 6 weeks paid vacation and about a week, 58 hours of sick time. I am able to take as much time as I want and sell the rest. Typically I sell some the time each year about $8000, about 5k and some change after taxes, and take only 2 weeks vacation. Each week I also save just about 60 dollars toward my hobby. My wife is cool with it. I was doing it when she met me. Not all of the money is spent on audio. It goes into a savings account which grows at about 8k per year unless I buy something. Additionally I save 10% with a joint saving fund between my wife and myself, 18% into my 401k until it maxes at $17.5 of contributions and a about 5k yearly into some small investments. My wife earns about 60k and we have one child. We are fortunate to have a VERY good public school system in the suburb where I live so educational expenses are minor. I do have rental property as well that has also contributed about another 20k of income depending upon status, some was damaged by hurricane Katrina. My job also includes a pension of about 4k monthly upon retirement, an amount that has also gotten some chuckles from the big shots around here. It means they I am not quite as concerned about retirement savings for my lifestyle.

Because I chose wisely when I purchase and a lot of my gear is purchased used, I am able to use some of the value in current components when I upgrade. For example I have a pair of $20k speakers, Mcintosh XR200s. With a lot of web searching I was able to find them on the internet for 11.8k as a demo pair. The previous pair of speaker that I owned, Mcintosh LS360s were sold for about 3k, so I was out of pocket for about 8k. Right now I would say I have gear with a retail value of about $80k. My audio gear purchases date back at least 25 years and some of the value of each component still remains because I sale to upgrade.

In college I learned from my fraternity brothers, to do automotive repairs. My wife does not drive cars as long as I. It would just be too much of a hassle for me to maintain both. To give you a clue of how much I save there however, I will describe a recent brake job on my wife's BMW. The dealer cost to do the job was about was 2k for all four wheels. Instead I purchased the parts online and for $500 or so, from a BWM dealer out of state and did the job myself. It's not as hard as it might seem as I have an uncle that owns a repair shop with lift to which I have full access and likely will inherit. The following week I repaired the brakes on my Jeep for about $150.

For many years, my wife and I take trips so that she can shop on Black Friday. Here too I save money. At the large outlets in Houston, Dallas, and Miami area, I am able to buy all sort of clothing, especially expensive leather shoes at great discount. There is typically a summer trip as well to these large outlets.

I do all of this because I am a fanatic when it comes to audio. The savings are not to allow me to retire early, go on expensive vacations. or anything that noble. The saving are for one purpose,so that I can have the best stereo possible. I have no other expensive hobbies.

Let's hope this very candid answer, from one fanatic has been of some help to you. Often, guys ask me how can I afford to buy such expensive gear yet they drive cars with at least $6k of annual car notes. Best help I can give is whatever you do, don't spend all of your money on cars. My most wealthy close friend, multi-millionaire, heir to once third larges steel cable manufacturing company in the world once told me," How can I buy a new car? What kind of business man would I be if I entered into ANY deal where I took a 20% loss upon my signature?" I'm sure not all agree but the money lost on cars alone by the typical consumer is enough over a period of years to buy most of the gear on this forum.

Although the numbers are different, my profile is 90% the same; double income + rental properties, frugal lifestyle - only indulgences are audio and vacation, and very price conscience audio buying habits. As for cars, MSRP of my car is less than 10% of MSRP of my audio system.
post #83 of 116
Quote:
Originally Posted by Bond 007 View Post

Interesting that you think youre salary is modest by "the guys on this forums" standards. I would kill for a job that pays 10k a month. Its all about perspective.
Remember it's the other guys that tell me my salary is modest. I am happy to earn a living doing what I do. Everything is relative, some here earn VASTLY more money than I. I'll never be wealthy. I spend all my money on audio biggrin.gif.
post #84 of 116
The best part about this thread is how few, if any, serious responses there have been. I'm actually curious myself to know the various serious answers to this question.

Speaking for myself: I rob banks!
post #85 of 116
Quote:
Originally Posted by Bulldogger View Post

Remember it's the other guys that tell me my salary is modest. I am happy to earn a living doing what I do. Everything is relative, some here earn VASTLY more money than I. I'll never be wealthy. I spend all my money on audio biggrin.gif.

If you charged, and collected, for all the great audio advise you give, you'd be now retired and filty rich!!@@@
(But as Fleetwood Mac has sung, "Don't Stop"!)tongue.gif
post #86 of 116
Quote:
Originally Posted by dschamis View Post

The best part about this thread is how few, if any, serious responses there have been. I'm actually curious myself to know the various serious answers to this question.

Speaking for myself: I rob banks!

A serious answer: I manage a large group of senior-level financial, acquisition, and project control consultants for a certain federal agency.  More importantly, I rely on solid dealer relationships. Between Dennis Markley (Dmark1),  Craig Shumer (VGI), and Mike Garret of AVS, I get great pricing on items that I probably wouldn't look twice at if MSRP were my sole reference.

post #87 of 116
Quote:
Originally Posted by dschamis View Post

The best part about this thread is how few, if any, serious responses there have been. I'm actually curious myself to know the various serious answers to this question.

Speaking for myself: I rob banks!
I rob guys that rob banks.
post #88 of 116
Quote:
Originally Posted by BrolicBeast View Post

A serious answer: I manage a large group of senior-level financial, acquisition, and project control consultants for a certain federal agency.  More importantly, I rely on solid dealer relationships. Between Dennis Markley (Dmark1),  Craig Shumer (VGI), and Mike Garret of AVS, I get great pricing on items that I probably wouldn't look twice at if MSRP were my sole reference.
Sounds like you rob the unfortunate.
post #89 of 116
Quote:
Originally Posted by Bond 007 View Post

Sounds like you rob the unfortunate.
??? Not sure I follow.
post #90 of 116
Quote:
Originally Posted by BrolicBeast View Post

??? Not sure I follow.
Just a joke really. Whenever I see the word acquisition I think of buying products for dirt cheap from desparate people and selling them at a profit. Some people buy and sell entire companies even in that way. But I have no idea what you actually do.
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