How do you "creatively finance" this habit?

Lapedog said:
Took me alot of time and poor decisions to learn about budgeting. I think it is a moral shame that parents think it is beneath them to teach their kids this anymore.
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truth be told many just dont know how. they can't teach what they dont know. school system doesnt do enough on this topic imho.
 
jbmonkey said:
truth be told many just dont know how. they can't teach what they dont know. school system doesnt do enough on this topic imho.
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School and parents unfortunately no longer work together. Parents give school the kid while they make money. Kid is raised by foreign nanny. It’s definitely not the end of the world though. Even father Abraham had to bring a second woman into his house lol.
 
jbmonkey said:
truth be told many just dont know how. they can't teach what they dont know. school system doesnt do enough on this topic imho.
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IMHO the education system can’t do this.

I’m a high school teacher. Every year around this time I do a few weeks on personal finances. We start with wants v. needs and progress through budgeting and taxes (including filling out a hard copy 1040).

I preach and preach and preach the importance of managing money. But I only get them for 50 minutes a day. Once they walk out the door they’ll be subjected to 23 hours where conspicuous consumption is extolled and financial problems are the result of external factors. I’m just the quaint (and sometimes grumpy) old guy that doesn’t want them to have fun by renting a limo to go to prom.

Like moral conduct, you either learn financial responsibility at home, or you learn it the hard way.
 
gazz98 said:
1. I've never paid more then $150-180 for a blade. A LNIB ZT or BM Adamas is my most expensive knife purchase. I realize a Sebenza, mid tech, custom, etc are out of my league unless I win the lotto. I learned long ago that I don't have the disposable income many on the forum have. I'm ok with that.
My ZT 350, Manix 2, Rat 1 in D2, CS Recon, etc are serving me just fine.
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For a person with OR without a lot of money, your choices are excellent...
 
We have avoided dept paid my mortgage in five years . Saved over $150,000 in terms of interest payment . So being smart in your early twenties pays off when you in your fourties . Still drive my Honda Mini van 2006 . My wife and kids want me to buy a new car but that will have an affect in my hobby .
 
Pharmagator said:
I have been collecting for over forty years... Started with Gerber Pauls ... then to Spyderco, ZTs and now customs ...

I am actually retiring early by selling off bits of my collection... No bills but groceries and utilities... So I try to break even on a sale... But selling an old Spyderco for $200.00 when I paid $175.00 ten or twenty years ago is now, budget-wise, pure profit... Since last December, I have sold roughly $20,000 worth of knives paid $15,000 over last twenty years...
Now my wife thinks I am investment genius! (She had her horses and UPS delivered to my pharmacy).

Oh, and I just found out her dad is rich...
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Pure number-wise, you might have made some profits but if inflation is taken into consideration, I am not sure if that is true any more. On the bright side, you have enjoyed those knives for four decades, which alone could be priceless.
 
Frailer said:
IMHO the education system can’t do this.

I’m a high school teacher. Every year around this time I do a few weeks on personal finances. We start with wants v. needs and progress through budgeting and taxes (including filling out a hard copy 1040).

I preach and preach and preach the importance of managing money. But I only get them for 50 minutes a day. Once they walk out the door they’ll be subjected to 23 hours where conspicuous consumption is extolled and financial problems are the result of external factors. I’m just the quaint (and sometimes grumpy) old guy that doesn’t want them to have fun by renting a limo to go to prom.

Like moral conduct, you either learn financial responsibility at home, or you learn it the hard way.
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Good for you teaching them life skills even if only for 50 minutes. I'm amazed and saddened that checkbooks and tax forms are not part of the everyday curriculum.
 
lex2006 said:
Sometimes I do things, that I am not proud of .
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But it keeps the truck stops so entertaining!

I only buy things I want (versus need) in cash that I can afford to not have and also I don't keep anything that I no longer want, if I lose interest in a knife I sell it on the exchange.
 
I work professionally as an independent sales representative in the foodservice industry in the USA, except for one short period I’ve always represented cutlery and flatware manufactures, it feeds my knife addiction and has been since 1990 when I started working for my father who was the R.H. Forschner sales rep. in Northern California, this was just after Victorinox bought them, we represented them until 2002. I’ve also represented Tramontina out of Brazil, they made Forschner’s EconoCut line in the 1990’s, Mercer Tool, Oneida Ltd. and Freidr. Dick, my partners and I are currently the F. Dick sales reps. in Northern California and Northern Nevada.

To answer the creative question, I barter and work deals with my knife customers, the dealers and grinders, not the end-users. If I want a William Henry knife I go to one of my customers that buys William Henry at wholesale, or ZT, or Benchmade, or whatever and make a deal; sometimes if I have a good relationship with the shop and they are stocking my line they work with me on a cost plus basis. I also travel all over my territory and go to just about every knife shop and chef shop in Northern California/Northern Nevada, I see a lot of stuff and guys are always showing me stuff. It’s fun, I love what I do.
 
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Frailer said:
IMHO the education system can’t do this.

I’m a high school teacher. Every year around this time I do a few weeks on personal finances. We start with wants v. needs and progress through budgeting and taxes (including filling out a hard copy 1040).

I preach and preach and preach the importance of managing money. But I only get them for 50 minutes a day. Once they walk out the door they’ll be subjected to 23 hours where conspicuous consumption is extolled and financial problems are the result of external factors. I’m just the quaint (and sometimes grumpy) old guy that doesn’t want them to have fun by renting a limo to go to prom.

Like moral conduct, you either learn financial responsibility at home, or you learn it the hard way.
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I hear ya but doesnt mean we quit trying.
 
sharp_edge said:
Pure number-wise, you might have made some profits but if inflation is taken into consideration, I am not sure if that is true any more. On the bright side, you have enjoyed those knives for four decades, which alone could be priceless.
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well, much of the spending predates my marriage, (or was done in secret) or was when we had separate finances... so, to my wife... (who had no idea of the value of these 'things'), when I sell a CRK for $600.00 she is amazed and calls me a financial wizard... so, if I had been a gambler, drinker, etc...the money would have been gone... as it is... we have a 'nest egg' that I am enjoying selling so much more than going to work
 
KnifeRep said:
I work professionally as an independent sales representative in the foodservice industry in the USA, except for one short period I’ve always represented cutlery and flatware manufactures, it feeds my knife addiction and has been since 1990 when I started working for my father who was the R.H. Forschner sales rep. in Northern California, this was just after Victorinox bought them, we represented them until 2002. I’ve also represented Tramontina out of Brazil, they made Forschner’s EconoCut line in the 1990’s, Mercer Tool, Oneida Ltd. and Freidr. Dick, my partners and I are currently the F. Dick sales reps. in Northern California and Northern Nevada.

To answer the creative question, I barter and work deals with my knife customers, the dealers and grinders, not the end-users. If I want a William Henry knife I go to one of my customers that buys William Henry at wholesale, or ZT, or Benchmade, or whatever and make a deal; sometimes if I have a good relationship with the shop and they are stocking my line they work with me on a cost plus basis. I also travel all over my territory and go to just about every knife shop and chef shop in Northern California/Northern Nevada, I see a lot of stuff and guys are always showing me stuff. It’s fun, I love what I do.
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Livin' the Dream!
 
jbmonkey said:
I hear ya but doesnt mean we quit trying.
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I never intended to suggest that we should.

In fact, I continue to tilt at this windmill, year after year, in spite of the fact that it lies outside the strict confines of my curriculum.

If I believed it wasn’t worth the effort, doing what I do would make me an idiot of the first order.
 
needler420 said:
I'm 6'1 I wish I was taller. I wish I was 6'4 but I just turned 30 I can't grow no more.
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I was 6’-4” by age 17. I prayed I would stop growing. I think it was the hormones in milk because no one else in my family got near my height. Clothing sizes became an issue because I was so skinny. I didn’t fit at the Big and Tall stores and neither did standard sizes. I remember my mother buying me a suit at Barney’s. The suit coat fit well but after the tailor did a fitting the back pockets touched each other.
 
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marchone said:
I was 6’-4” by age 17. I prayed I would stop growing. I think it was the hormones in milk because no one else in my family got near my height. Clothing sizes became an issue because I was so skinny. I didn’t fit at the Big and Tall stores and neither did standard sizes. I remember my mother buying me a suit at Barney’s. The suit coat fit well but after the tailor did a fitting the back pockets touched each other.
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Funny.
At 17 I was 6’4” and shaped like Big Bird.
 
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