Gadgets on fixed income

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Oct 2, 2004
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Being retired for a couple of years now has been a very enlightening experiance. There was never a time in my life when there was a heck of alot of money for toys, but we were not poor. The wife and I toured on BMW motorcycle, had some nice guns, took some trips. I even had a decent collection of custom knives like a couple Randalls, Hendrickson, Hastings.

Now years later, after raising three kids, and helping them out with college, paying off the house, I find that life on a retired fixed income does not leave alot for extras. I find that I look for the biggest bang for the buck, instead of the latest whiz bang. We've had to go simple in the last few years, but as empty nesters we have made a discovery that we are acually happier. We drive a four banger Honda instead of a V8 SUV, shoot a hell of alot of .22's at the range instead of center fire, take more driving trips colser to home, and shop with a list.

Now instead of a Randall trout and bird knife when I'm fishing I have a Frosts Mora on my belt. At the range instead of a 6 inch model 19 Smith and Wesson I use the heck out of my K22. Karen puts a couple of hundred rounds through her Smith and Wesson model 18 and as much through her Marlin 39M.

Yes we have had to cut back, and look at the price tag before we buy. We ask ourselves do we really need this, and will it get the job done. For example. our number 3 child is a tech nut. He bought one of the new ARC AAA lights for 20 something dollars plus some shipping. He was showing it to me and I was impressed with the workmanship. But in my own pocket is a Dorcy AAA light from Walmart for 4.95, and it is not as nice as the ARC, but it still gets the job done. I use it sometimes walking the dog at night in the woods and it lets me see the trail fine.

For some reason over the past couple of years we have found a kind of free, liberated feeling, of not careing anymore about the high end stuff. I now find myself seeking out bargin stuff that works well and not careing if it gets damaged, or lost overboard on the river.

I've loved discovering Dorcy lights, Frosts Mora bladed knives, Timex watches, and the wide variety of Victorinox sak's that can be purchased for less than 20 bucks.

Anyone else here scaled down in life and discovered a liberated feeling?
 
I am working on it , the wife is still waffling. My kids are recent nest jumpers so she sees it as her responsibility to help them along. I am trying to rid myself of "things" but can't seem to get the "knife monkey" to move out.
I fortunately learned at an early age the value , or lack of, money. I envy my buddy who has his house, car and machine tools paid for and can live on about $250 a month. He does not HAVE to have a job as his side jobs, done at home , pay the bills. A happier place awaits me. I'll see ya there Jacknife :D
 
I am 6 years away from being eligible for retirement. My wife and I are in the process of puchasing our retirement place in the country. We are hoping to have everything in place so that when the time comes, we will be able to pack it up, sell the city house and go relax. I see myself beginning to cut back and I am finding my interests are moving away from hi end things to functional and affordable. I am really looking forward to the simple life...
 
I've scaled down already and I'm in my thirties...

Here's why:

For me it's more important to spend time doing things with my little girl and wife.

It's important that my wife can stay home (she wants to) to raise our little girl. So my income is our only income. We don't drive new cars. I have 1 Spyderco and my wife has 1 Spyderco. I have about 4 SAK's. I cannot justify paying $120 for a nice tactical knife even though I like them. I think the FRN Spyderco's kick butt and offer lots of bang for the buck. I like SAK's also for that same reason.

We want to get our house paid off and save money for our little girl, while also being able to do things and take trips etc.

This world is full of instant gratification and not many people know what it's like to save up and go buy a car with cash. We're working towards being able to buy a car with cash and not having any debt at all.

Personally I think it's possible to be too frugal, but most people are not frugal enough. People just spend spend spend.

It's nice to hear a refreshing thread like this. :)
 
SAKguy....you are absolutely on the "right track" in life as you have already determined what is really important in your life.

Most Americans, and I guess I must put myself somewhat in this category, "want it now". This is why most Americans are drowning in debt and the banks and financial world keep pushing more at them. Of course, they are also the first ones to bitch when delinquencies, charge offs and bankruptcies keep climbing.

Good luck and keep up the good work and make sure you take care of that wife.......she may be home with the kids (as my wife was with our 3 boys), but I guarantee you that her job is harder and more meaningful than yours.
 
Even though I spend a bit more on stuff (I LIE, ALOT MORE :foot: ), I've always loved VALUE and continue to do so. And that's what we're all talking about here, just on different level of scale. I buy previously "loved" engraved custom folders for about 1/2 to 1/3 of the origional purchase price. I hunt for bargain customs that I can flip at fair market value (never more, I'm not greedy) to support my knife habit. I may buy high tech stuff, but I ALWAYS buy it at 10% above wholesale. To me that's part of the fun, getting a great product at less than what other people pay for it. I'm fortunate enough to be able to buy alot of stuff, but to me overpaying is a sin. My 5 year old asked me why we don't have nickels with the buffalo on the back anymore, so I told him the truth,"Marc, the government stopped that when your Polish Grandmother kept rubbing them off the back!"

But "cheap" doesn't always mean value. My Polish grandfather taught me, "A poor man can't afford to buy cheap tools." To me buying near the best at half the price is a way of life!
 
My most satisfying knife purchase of late was at Lowe's. They had Victorinox Recruits packaged with Maglite Mini Mag AAA flashlights clearance priced at $8.43. A great knife and a great light for under ten bucks with tax. The light even came with batteries. Now that's a deal. Way better than buying an $80 tactical knife and then being disappointed because the blade coating is already scratched. Vic SAKs are a lot of knife for the money. I just wish that I could find my old Camper. I know its around here somewhere.

Realisticly, we could all get by with a good multi tool and a fixed blade or folder. But it sure is fun sometimes to buy new knives, open that box and get to know the knife. And that's fine. But if it gets to where it's not fun anymore, there is no reason to keep buying stuff that you don't really need.
 
tim8557 said:
....she may be home with the kids (as my wife was with our 3 boys), but I guarantee you that her job is harder and more meaningful than yours.

You're dang right man.

My job is no big deal. It's a means to an end. That's how I bring home a paycheck to do stuff with the family. My wife enjoys her days with our little girl......some days are harder than others :)

God Bless.
 
Just shy of 35 here and have been trying to scale back as much as possible for the past 12 months. I work from home and have a 2yr old. I dont want my wife to work, she already has a tough job with the baby. We dont drive anywhere if we can ride our bikes and food is always bought on 'specials' days and we freeze it. Business is OK but I'm happy to make less than I did before and be able to run or cycle in the week when its quiet and spend a lot of time with my boy. This way he gets his dose of English and Japanese at the same time. I agree that being too fugal is a bad idea, because you have to 'live a little' but for the most part its amazing how much money you can save without an appreciable loss of so called 'Quality of life'
 
jackknife said:
We drive a four banger Honda instead of a V8 SUV, shoot a hell of alot of .22's at the range instead of center fire, take more driving trips colser to home, and shop with a list.

I do all the same, I must getting old (j/k, jackknife)

To me, it's just living your life comfortably while keeping the money rolled away for those rainy days, night, years.
 
Oh yeah. After the wife and I quit work and settled into our retirement we had to make adjustments too. It isn't so much about how much you make every month as it is how much you have to put out to make yourself happy once all the necessities are paid for. If you can adapt to a modest but comfortable life style you should be fine. If material possessions and the desire to have them overwhelm you I doubt retirement will last long enough to get into the full swing of it.

I knew I was in the full swing of it when one of my neighbors caught me checking my mail one day and started laughing out loud. Looking at me and shaking her head all the while saying out loud how it must be nice. I didn't know what the heck she was talking about or what was going on until I got in the house. Told my wife I thought our neighbor was losing it. It was then that she pointed out to me that it was Sunday. Hell I didn't know what day it was. Didn't much care, still don't. But it was funny after I realized what was going on and a wake up call to finally realize I'm fully into it now. So when you catch yourself checking for mail on Sunday now you can laugh and think of me. :D
 
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