Members max maroon Posted January 6, 2009 Members Share Posted January 6, 2009 I have GAS... but first...Some money found me:) but I have some credit card debt (tough tough year, car repairs and {censored} happens stuff) with what I have now for cash plus what is coming for taxes I could get my debt down to a VERY manageable level (especially with all the gigs coming in so far in 2009, it is going to be a GOOD year) So I was thinking I could take a little hunk of the cash and get an Acme Low B2 (wanted one for a long time now, and having a smaller cab for my Thursday night residency would be sweet) or a Chunk Systems Octavious Squeezer (I'm up to here with the tracking on my Boss SYB-3, and I really could use it for the cover bands) or spend more money on materials for my basement studio/practice space (boring) ...but I really should just pay off as much of my debt as I possibly can...Right??? Link to comment Share on other sites More sharing options...
Members blueyedmule Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off your debt completely before buying gear. Buy gear with money you make with the gear if at all possible. Live debt-free as much as humanly possible. Link to comment Share on other sites More sharing options...
Members bassman1956 Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off your debt completely before buying gear. Buy gear with money you make with the gear if at all possible. Live debt-free as much as humanly possible. Hey! Someone beat me to it! Honest! You may wait a little longer, but you can't beat this approach! Especially after a while, when it starts becoming easier to afford anything because of this philosophy. Link to comment Share on other sites More sharing options...
Members fingeringam Posted January 6, 2009 Members Share Posted January 6, 2009 Who am I to be the voice of reason? Get balls deep in debt and have a kick ass time doing it Link to comment Share on other sites More sharing options...
Members Thumper Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off your debt completely before buying gear. Buy gear with money you make with the gear if at all possible. Live debt-free as much as humanly possible. Yep. Link to comment Share on other sites More sharing options...
Members s4001 Posted January 6, 2009 Members Share Posted January 6, 2009 Layaway is the new credit card plan. Link to comment Share on other sites More sharing options...
Moderators Kindness Posted January 6, 2009 Moderators Share Posted January 6, 2009 Pay your debt. You won't regret it. Link to comment Share on other sites More sharing options...
Members ezstep Posted January 6, 2009 Members Share Posted January 6, 2009 Buy it now...stimulate the economy. :poke: Nah, man, pay off your debts first, and try very hard not to get into debt again...even if it takes a few months longer. Link to comment Share on other sites More sharing options...
Members NITROHOLIC Posted January 6, 2009 Members Share Posted January 6, 2009 pay of debts first. trust me cause you never know what tomarrow brings. Link to comment Share on other sites More sharing options...
Members justinbass Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off the debt. Link to comment Share on other sites More sharing options...
Members Emprov Posted January 6, 2009 Members Share Posted January 6, 2009 What's the interest rate on the card? If it were me, and if I was going to buy the cab anyway, it'd probably be worth the opportunity cost to have the cab earlier than I otherwise would have if I had waited to buy the cab. What's it going to cost, an extra $20? Big whoop, buy the cab, then pay off the card. :poke: Kidding! I hate it when we all agree ourselves to death. Pay the card off and buy the cab when and only when you can pay it off in one shot. Link to comment Share on other sites More sharing options...
Members lokidecat Posted January 6, 2009 Members Share Posted January 6, 2009 Another vote for "Pay off the debt first" Link to comment Share on other sites More sharing options...
Members Rippin' Robin Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off the debt first. Link to comment Share on other sites More sharing options...
Members T. Alan Smith Posted January 6, 2009 Members Share Posted January 6, 2009 Yup, take care of the dept first. If you absolutely HAVE to get something, Get something small that can be paid for within a month. I couldn't afford new basses, so I gave mine facelifts with new custom pickguards. I can't afford another rig, but I'll get a pedal later this month. I gotta tell ya- it's nice being able to sleep at nite. Link to comment Share on other sites More sharing options...
Members chunky-b Posted January 6, 2009 Members Share Posted January 6, 2009 + 1 to avoiding debt... If the current credit / economic crunch isn't enough of an example, I don't know what is... Link to comment Share on other sites More sharing options...
Members jasper383 Posted January 6, 2009 Members Share Posted January 6, 2009 Pay the debt. "Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery." -- Dickens Link to comment Share on other sites More sharing options...
Members RSBro Posted January 6, 2009 Members Share Posted January 6, 2009 No comment! I don't want to help you get into any further trouble... and who am I to advise on such things when I struggle with this daily myself!! Link to comment Share on other sites More sharing options...
Members i_wanna_les_paul Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off the debt. Sorry, but I have little sympathy for people who say they have wanted something "for a long time." How long is long? I've been talking myself out of a Les Paul for going on 8 years. And I've even been able to "afford" it the last two. I'd rather spend the money on something that will grow in value (credit card debt - although it doesn't grow in a good way, which is even more motivation) rather than spend the money on something that will shrink in value (instruments, generally speaking) Link to comment Share on other sites More sharing options...
Members Super_Donut_Man Posted January 6, 2009 Members Share Posted January 6, 2009 ...but I really should just pay off as much of my debt as I possibly can...Right??? Like others said... Pay it off as soon as you can.... Damn it:mad: Link to comment Share on other sites More sharing options...
Members Bryan316 Posted January 6, 2009 Members Share Posted January 6, 2009 CREDIT CARD DEBT SUCKS. I am finally out of it, and my paychecks go to NORMAL bills. You will love the relief that you finally achieve, once your debt is gone. Link to comment Share on other sites More sharing options...
Members whiteop Posted January 6, 2009 Members Share Posted January 6, 2009 Who am I to be the voice of reason? Get balls deep in debt and have a kick ass time doing it ahhh...someone from the Obama camp.... Link to comment Share on other sites More sharing options...
Members MisfitKay138 Posted January 6, 2009 Members Share Posted January 6, 2009 pay all debts then max out cards again buying gear Link to comment Share on other sites More sharing options...
Members RSBro Posted January 6, 2009 Members Share Posted January 6, 2009 I just bought a new FB4 and have a Mesa V12 on the way... again- do NOT listen to me! Link to comment Share on other sites More sharing options...
Members Retrovertigo Posted January 6, 2009 Members Share Posted January 6, 2009 Pay off the debt.Even though I'm happy with the gear I have, I still curse the day I got the card that helped me get it. And I don't even have that much debt. Link to comment Share on other sites More sharing options...
Members blueyedmule Posted January 6, 2009 Members Share Posted January 6, 2009 Wow, I've never had so many people on this board agree with me. I better change my mind!!!!! Link to comment Share on other sites More sharing options...
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