Poll: Has your gear addiction led you to financial trouble?

Anything about MUSIC but doesn't fit into the forums above.

Has your gear addiction led you to financial trouble?

Never. I only buy whatever I can, whenever I can, always after paying bills and food.
24
29%
Naaah. I just use my credit card to purchase gear and pay for it in a month or two.
12
14%
I've been eating noodles and nothing else for years.
9
11%
Yeah, but it's nothing I can't control.
17
20%
My credit card is always in red numbers. And I still have a long wish list.
15
18%
I had to move back with my parents since my wife left me and my house was reposessed.
6
7%
 
Total votes: 83

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foosnark wrote:A friend of mine at work got himself into something like $40,000 of debt buying music gear in the 80's. He's almost paid it off.
That isn't my dumbass half brother is it...40k? Nah..he could never do that, he doesn't have enough self control...in the 80's he made a killing building houses and got cocky, that was the first bankruptcy (he had a vette, Harley, swimming pool, lots of guitars, ATV's snow mobiles...he actually had seven trucks with plows that made him a lot of money). But he blew it all and didn't plan for the drop in new home sales here then.

I have only seen him once since he owes me a ton of cash (since 98, when I foolishly worked with him) but he told me then he had filed bankruptcy again. I was working at Daddy's Junky Music store, a popular local chain. I came back from lunch and saw his truck (he wasn't happy to see me, he owes me a lot).

He fell in love with the dan electros and wanted one (he could of given me that money :roll:) so I wrote it up (might as well make something :shrug:) and he hands me a check. I just started laughing, I said yeah right...no John I promise it's good...It wasn't (fortunately instant approval caught it)...I called him maybe a year after that when he emailed telling me he had his second Jimmy Page Les Paul..I said "you know what? You're an ass, you've always been an ass and will always be an ass...I'll make sure someone tells you when I die" (actually it's in my will to send him my original brass pick) "Until then stay away from me"

Though with him I do believe he is actually addicted to spending money, money he doesn't have. It's quite abnormal, he's gotta spend or he'll jones :hihi:
The highest form of knowledge is empathy, for it requires us to suspend our egos and live in another's world. It requires profound, purpose‐larger‐than‐the‐self kind of understanding.

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I buy most of my clothes at thrift shops. The only other non-essential thing I buy is beer. Long and Mcquade has a pretty good financing deal, and they even approved me, so that helps. I have the payment ($47) taken out of my account automatically every month and when I pay this off, I'm going to buy something else. At $50 a month you can buy gear and not really notice any money missing, it's nice. I also search for deals on used stuff, that helps to save alot of money as well. Then there is the group buy, another good way of getting things cheap. The last thing I need to do this month is spend money, but this Styrus group buy may be too hard to resist. :x

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financial trouble has led to my gear addiction, seeking help

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All liers !
You can't always get what you waaaant...

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I spend a lot on gear, but I never spend money that I don't have. My gear addiction has lead to very low bank balances, but I've never overdrawn.

Of course, I'm in a different position than many people here. I get very jealous when I hear the electronica (Or whatever the hell you call yourselves now) people when they say, "Yeah, I only have 3 synths, but that's all the gear I need".

I've gathered about $10,000 in gear over the last 2 years. I've got plans for another $15,000 over the next few years, for a total of roughly $25,000. Needless to say, my girlfriend gets a little jealous of my music gear sometimes :oops:
Excuse all the blood.

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stanlea wrote:All liers !
no and I'm not a liar either...:hihi:...a month ago we had a sweet winfall, like I say I have no debt ...found money is found money I doubt audiomidi was disapointed with my last order...I'm waiting on ups yet again today...except this time it's my wifes packages...but he's been here alot lately..:hihi:

FWIW she's no better, she wanted a new kitchen set...she found this nice glass table with a really cool metal base (not that brass crap) They also had a tall table with bar stools..she couldn't make up her mind... :roll:

Image




Image


As you can see there isn't enough room for all four chairs and 4 stools so the others are about the place hear and there...so she can't really complain about what I buy...:hihi:
The highest form of knowledge is empathy, for it requires us to suspend our egos and live in another's world. It requires profound, purpose‐larger‐than‐the‐self kind of understanding.

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Hypertone wrote: The only other non-essential thing I buy is beer
actually beer is the only essential thing I buy... :hihi:

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I only bought one thing on credit, and that was my piano. It was a 4 year note, and I paid it off in 6 months. I have been ever so tempted to buy a UAD card or 2, but I think I need a better bass guitar first.

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btw can you tell I got a camera ;)
The highest form of knowledge is empathy, for it requires us to suspend our egos and live in another's world. It requires profound, purpose‐larger‐than‐the‐self kind of understanding.

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I have a total of
149.oo FL Producer edition.
49.oo Sytrus Group buy.
159.00 Ensoniq ESQ-1

Can I party with you guys? :hihi:
Last edited by ouroboros on Mon Oct 17, 2005 7:49 pm, edited 1 time in total.
..what goes around comes around..

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I buy lots of stuff with my CC, mainly because it's the only way to pay in online stores, but I usually pay the bank immediately before any interests are generated.

The only exception was when I bought a Waldorf XT (which I had always wanted) and took me about three months to finally pay for it.

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Only birthday present money, side job money, tax return overages, etc. get spent on music gear.

I've got a wife and 4 kids to feed.

Puts things into perspective, and forces one to be more creative with the resources available.

Right now, I'm in a several month long process to build my next audio workstation. So far, I've got the case, the OS and the memory. Waiting till the last minute to get to my threshold savings amount to buy the price volatile bits; the drives, mobo, cpu and video card.

But it's nice to look at Paypal, see it earning interest, getting cash back on purchases with the Paypal debit mastercard, and know that I'm not putting us into financial hell.

-Scott

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I have enough software (synths, sequencers, etc.) to score LOTR, I swear! Not much in debt because of it, I mean, software is pretty cheap. :P

That said, I actually enjoy noodles, my bills are low, and I'm not married (any more) and don't have kids (just tropical fish). Money for the odd synth/effect or two isn't an issue. :D

And yes, beer is an essential! :-o :hihi: :love:
Bandcamp: https://suitcaseoflizards.bandcamp.com/
Linux Mint, Waveform 13 Pro, U-He synths, Audio Damage effects,.

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HI

Define: TROUBLE!

Flipper.

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fac wrote:
JerGoertz wrote:Preach on! I used to buy so much stuff that came along when I was a newbie brainwashed by mags like Computer Music and FM. Now I've got way too mujch sh1t that I never use and I've learned to just dig in and use what I've got, and now I'm actually making music instead of collecting gear. :oops:
Gear porn is definitely evil. But I find KVR even worse in that sense. Everytime a new synth comes out, it turns out to be the *best* synth ever and people just have to have it.
Or the bestest sequencer evar, or the bestest reverb evar... Yeah, KVR isn't blameless. :hihi:
A well-behaved signature.

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