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Re: Are Shopsmiths for the affluent?
Posted: Sat Mar 10, 2018 5:52 pm
by jsburger
robinson46176 wrote:There is an old line I always liked to quote. I think I got it from a fortune cookie.
"There are two roads to wealth.
Make more
or
Want less".
.
We definitely fall into the "want less" category. We don't have a garage full of sports cars, a 72' sail boat and more than one home as masonsailor2 does. That is why we live in a very modest house built in 1972 out in the country on 2 acres. We did buy a new car last August to replace our 22 year old Chrysler Town and Country.
Everyone wants instant gratification now days and will spare no expense to get it. Mostly by going into debt for things they want but don't need. They outspend their income and then pay ridiculous interest rates on credit cards. If one has monetary discipline during their working life and manages their income they too can have a nice worry free life in retirement.
Re: Are Shopsmiths for the affluent?
Posted: Sat Mar 10, 2018 9:44 pm
by Ed in Tampa
Hey let us get serious with the price of wood these days wood working itself is for the affluent.
Just was pricing wood! Wow! Price has gone up!
Re: Are Shopsmiths for the affluent?
Posted: Sat Mar 10, 2018 9:56 pm
by Ed in Tampa
jsburger wrote:robinson46176 wrote:There is an old line I always liked to quote. I think I got it from a fortune cookie.
"There are two roads to wealth.
Make more
or
Want less".
.
We definitely fall into the "want less" category. We don't have a garage full of sports cars, a 72' sail boat and more than one home as masonsailor2 does. That is why we live in a very modest house built in 1972 out in the country on 2 acres. We did buy a new car last August to replace our 22 year old Chrysler Town and Country.
Everyone wants instant gratification now days and will spare no expense to get it. Mostly by going into debt for things they want but don't need. They outspend their income and then pay ridiculous interest rates on credit cards. If one has monetary discipline during their working life and manages their income they too can have a nice worry free life in retirement.
I agree! Nearly everyone fails to plan for tommorw until it is too late to really prepare for it. Plus many people use money and possessions to define themselves.