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Old 12-07-2018, 01:14 PM
 
Location: Raleigh
7,292 posts, read 5,428,604 times
Reputation: 9985

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Quote:
Originally Posted by mathjak107 View Post
as they say the poor man pays twice!

we tried to save money on tripods for our cameras since our passion is photography . so we bought less then we should have . now we have to buy the ones we should have sprung for in the first place as we found to many short comings in the ones we bought .
Don't remind me...As I look for a repairman to fix what I've tried to fix myself to the tune of $100 in parts already.
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Old 12-09-2018, 07:04 AM
 
Location: The Triad (NC)
27,116 posts, read 58,914,862 times
Reputation: 29806
Quote:
Originally Posted by mathjak107 View Post
we tried to save money on tripods for our cameras since our passion is photography .
so we bought less then we should have .
If we already have a passion for <whatever> then buying inferior gear is clearly a bad move.
But with "a passion" that gear inferiority really should have been understood; even obvious and easily avoided.

Quote:
now we have to buy the ones we should have sprung for in the first place
as we found to many short comings in the ones we bought .
Sounds like a learning curve.
Sell the 'wrong' ones to some other newbie who can't know yet whether his hobbyist use will warrant more.
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Old 12-09-2018, 07:38 AM
 
Location: Bella Vista, Ark
69,986 posts, read 80,570,603 times
Reputation: 39499
Our granddaughter isn't rich but certainly in the upper middle class group or maybe closer to rich. Anyway, in her early 30s, married to an older man and can have anything she wants. She buys her daughters cloths at a kids used clothing store and bought her son's clothes there as well until her started school this past Aug. Whe only hires a house keeper when she is entertaining and still shops or bargains at the super market. But she does buy top of the line food if it is on sale and has a problem with her husband wanting to trade her car in every 2 years. Her money has not affected her in anyway and she is a down to earth as anyone could be.
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Old 12-09-2018, 09:33 AM
 
10,475 posts, read 6,790,671 times
Reputation: 11120
I don't know but I would love to find out. I know if I ever become rich i will splurge on some things but also invest in a business so I know I will always have money.
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Old 12-09-2018, 06:51 PM
Status: "Hunt 3 coming soon! Sigh!" (set 2 hours ago)
 
5,557 posts, read 5,618,823 times
Reputation: 4274
Quote:
Originally Posted by Motion View Post
How do you adopt a frugal lifestyle when you're rich? Say like a pro athlete.
The same way you would as a person with a moderate income.

Money will run away from you if let it. Frugal people do not allow the money to run. They are in front of it and in control.
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Old 12-10-2018, 09:41 AM
 
Location: Raleigh
7,292 posts, read 5,428,604 times
Reputation: 9985
Quote:
Originally Posted by MrRational View Post
If we already have a passion for <whatever> then buying inferior gear is clearly a bad move.
But with "a passion" that gear inferiority really should have been understood; even obvious and easily avoided.

Sounds like a learning curve.
Sell the 'wrong' ones to some other newbie who can't know yet whether his hobbyist use will warrant more.
The thing is, that there is a usually a point where spending more yields fewer returns. The difference between a Porsche and a Ferrari, is lots of sizzle and not so much steak. THe hard part often is knowing where the cutoff comes.
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Old 12-11-2018, 05:02 AM
 
Location: The Triad (NC)
27,116 posts, read 58,914,862 times
Reputation: 29806
Quote:
Originally Posted by JONOV View Post
The thing is, that there is a usually a point where spending more yields fewer returns.
THe hard part often is knowing where the cutoff comes.
I agree... but that point often isn't clearly apparent ...until after you've already stepped off the ledge.

Quote:
The difference between a Porsche and a Ferrari, is lots of sizzle and not so much steak.
Or the Buick and the BMW.
But these choices are typically about something other than the gear itself.
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Old 12-13-2018, 10:11 PM
 
Location: Chicago
5,425 posts, read 8,374,214 times
Reputation: 6378
Quote:
Originally Posted by Motion View Post
How do you adopt a frugal lifestyle when you're rich? Say like a pro athlete.

Maybe you save money by looking at tax shelters, not price tags.
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Old 12-14-2018, 07:40 AM
 
Location: Philadelphia/South Jersey area
2,531 posts, read 1,155,392 times
Reputation: 8499
Quote:
Originally Posted by MrRational View Post
If we already have a passion for <whatever> then buying inferior gear is clearly a bad move.
But with "a passion" that gear inferiority really should have been understood; even obvious and easily avoided.

.
Quote:
Originally Posted by MrRational View Post
I agree... but that point often isn't clearly apparent ...until after you've already stepped off the ledge.

Or the Buick and the BMW.
But these choices are typically about something other than the gear itself.
And what I see is that when someone has a "passion" for something it's usually one thing. the retired guy who lives behind me, is into cars. He's the Ferrari, Maserati type of dude but he seems to be really fugal in most other things. lol, I chat with his wife and she's always gripping (lovingly) that he won't call a repair man or wears clothes until they are rags.

my coworker is into photography, very interesting dude, always taking company pictures and your right MrRational says getting good equipment pays off on the long run but again every thing else he's low keyed. 10 year old beater, brings his lunch to work every day.
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Old 12-20-2018, 01:36 PM
 
19 posts, read 3,223 times
Reputation: 16
You mean like LeBron James, Kobe, Shaq, magic Johnson, and Jordan?
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