Home Forums Hunting & Shooting Hunting Rifles Setting myself a goal, possibly SERIOUSLY thinning the herd...

Thanks for sharing nifty-two-fifty. Most frugal people like Ed love being frugal. He gets a lot of points in my book because he kept momma home with the kids, was able to weather a financial disaster with the pension, and left momma and family very well off after the tragedy. Truly a wise man.

I paid my mortgage off this year, I am down to only 2 payments remaining, my 2 vehicles. I sold off most of my collection last year to help finish paying off the mortgage. I had no problem doing it, for the simple fact that I think I enjoy looking and digging for good buys more than I do actually owning them, and the past 4 months as I get some free money I have been rebuilding my collection. I think you are smart to try ad become as debt free as possible, paying off my mortgage, which took me 9 years on a house my wife and I had built in 05, was one of the best feelings ever. Best of luck to you.

Debt free - is living free - of worry Never a bad thing.

I would like to link to a few websites I follow.


http://earlyretirementextreme.com/ : A very smart website, that started it for me. I dont expect to many to be able to follow the theme of the website. Its written by a PHD in Astrophysics, so the "language" may be difficult for some.

Its basicly, live very frugaly and save and invest the rest. Learn to do things, instead of buying services from others. Live like your grandpartens did in the 1920-1950. You are now living in unimaginable surplus compered to them, but are squandering it by buying to much s**t and/or living on credit(cards).


http://www.mrmoneymustache.com/ : A more main stream website. Has lots of good advice, and a larger following due to easier methods and easier language.


I`m able to retire very comfortable at age 40 witout ever working again.. but am aiming for 36, with a "semi-retiermt", where I will be employed doing what I find interesting.


I like living frugaly..

I recently had surgery that had me off work 3.5 months. Prior to this time off, I decided to seriously sell down on big game rifles, most of which I wasn't using anyways. Proceeds were used to pay down a few small debts that normally wouldn't be a problem. The only debt I now have is my mortgage.

I did pretty well and got it down to ...

1. 308 760 Carbine (family gun that won't get sold)
2. 7/08 M700
3. 257Roberts M700
4. 358Win M700

Nice work. You obviously narrowed it down to what type of action/manufacturer that you like best. I cannot seem to get past that hurdle in the first place.

Just an update on this thread. Since I started it 5 months ago I have paid off most of my consumer debt, in fact in 2 weeks the only debt I will have is about $60,000 left on my mortgage. I will be free of al1 my other consumer debt by August, then I redirect my focus to building for retirement and what I call getting into the black(having easily convertible liquid assets greater than my debts and a 2 year cash buffer if anything would happen at work)....

These seem like good choice keepers, you can still have a lot of fun using. It can be costly tweaking various calibers.

Looks like you're making lots of progress towards your goal. Nice work, and good luck!

Paying off debt is always a good decision. Thinning the rifle herd is a debatable decision. Selling guns to buy cocaine and hookers may seem like the right decision at the time, but it nearly always ends up being a poor decision.

...depends on the hooker...

The easiest savings I ever did was really quite simple, when I would get a salary increase I would bank the amount of the increase. I literally went decades with no real increase because I banked it immediately, usually by an automatic withdrawal so I would never see it on a paycheck. Ditto with not making payments on items, if you have to make payments you probably don't really need it or can't afford it anyway.
It is amazing how easy it is to save money when you never get used to having it. I know countless folks who immediately bought something or took on another payment the moment they got a salary increase, I never understood that philosophy.

drover

beat me to it.

How many hookers can you dudes look back on and honestly say, yep, she (or he, I'm not judging) was definitively worth the money?

You are a rare bird my friend....good for you

You would be surprised how much money you can put in your pocket if you just eliminate a car payment...carry liability insurance only.. I have not had a car/ truck payment since I payed off my 93 Chevy pickup...has 300k and is still running good...

To be debt free is the best feeling one can have...almost

The guns are money in the bank. The way the dollar is headed, probably better. That's one thing I would hold.

I would get shed of my Hatteras Yacht and Lamborghini however!

I have never been able to 'thin the herd.' I suffer from a several disorder called empty rack syndrome. I have this absolute need to keep the safe full. The problem is, when it gets full, I seem to just purchase another safe.

Lots of things would go before my guns.. They will be the means to a safe future.. Of course we never bought boats, atv's,motorcycles, etc.. that many consider necessary to life itself..

Sorta this... Keep 2 CFs & 1/ea shotgun & RF.

Then do what he said ^ !!!