big soft moose
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big soft moose":3umryrek said:Blister":3umryrek said:big soft moose":3umryrek said:wizer":3umryrek said:Well the downsizing thing is in action at the moment. I've just gone through phase one of the workshop clear-out ...
without wanting to sound like a nagging wife , didnt you just buy a dirty great scms
to point out the blindingly obvious the point of a downsize is supposed to be to generate money to clear your debts and provide a cushion if the worst happens, not to reinvest it in big shiny toolage :lol:
Come on Mr Moose , Give tom a break :lol:
You remember how Good it makes you feel ( Therapy ) with a nice new shiny tool sitting in the workshop looking at you
Oh yeah - I know exactly how it feels ( I have just scored a sealey pillar drill of ebay), however the point is whether one can afford it .
The sailent issue here is that yes tom will only be "£90 down" in real terms - but my point was that if he hadnt bought it but just sold the bosch he would have £300 or so more than he has now - and money in the bank is what is needed as a cushion when it comes to keepingup mortgage payments etc.
Course its not that bad because the new saw could be sold off later - possibly even for a profit - but what i'm saying is by all means sell tools to buy more tools but dont kid yourself that the selling part is "downsizing"
I'llleave that point there because I know it sounds a little unsympathetic and like anagging swimbo.
edit : this from steveB is exactly what i was trying to say
Woodwork - I am going to be brutal here, and apologies if its not what you want to hear, its just my opinion. You need to scale back - big time. As already discussed in this thread, pick an area you can do a bit of and stick with it. Be that turning, box making, scrolling, hand work or whatever. Something that is small scale in terms of size and equipment needs. Make sure its not a chore, something that gives you pleasure, but not something that needs a double garage and 15k worth of kit. So you want to make furniture? No problem with that, but you will still be able to make it in the future provided you are sensible now. Be realistic with yourself - sit down with a blank bit of paper and ask yourself what you want to do, what you need to do it and then temper that with your current finances, your future finances and your desire to support and nurture your family. You very often have good bits of kit for sale on this forum, bought at full price and sold at a loss. Be realistic befoore you buy anything else - is it a requirement for your current needs or is it a luxury? Yes it may be useful for furniture making, but does it pay for itself now in terms of either work saving, time saving or resale value. If the answer to all those is NO then don't buy it - its a desire not a necessity.