PDA

View Full Version : Where does the money come from?


YTW
01-25-2010, 02:00 PM
Hello, I have noticed on this forum that there is alot of money spent on boats, homes, lake property, docks, vehicles, trips, remodeling, and restoration projects. I am an average guy that enjoys coaching youth baseball and teaching kids to ski. I could teach 4 orphan kids to waterski every day, 5 days a week, for 7 months on what some here have invested in a truck and boat. So if you don't mind me asking, how do you folks make what appears to be such large sums of money?

TMCNo1
01-25-2010, 02:10 PM
Hello, I have noticed on this forum that there is alot of money spent on boats, homes, lake property, docks, vehicles, trips, remodeling, and restoration projects. I am an average guy that enjoys coaching youth baseball and teaching kids to ski. I could teach 4 orphan kids to waterski every day, 5 days a week, for 7 months on what some here have invested in a truck and boat. So if you don't mind me asking, how do you folks make what appears to be such large sums of money?


The more money Obama prints, the more we can spend, it's only natural!:rolleyes::D

Skipper
01-25-2010, 02:23 PM
Looks to me like you have about $40 - $50 thousand in that nice boat of yours. That is 3 to 4 times the cost of my used '95 Prostar 190. I spend about $40 a weekend on gas. I get my money from working. :confused:

I don't have my own lake or dock and I live in military housing. I have been building a drift boat out of wood. Going to give it to my oldest boy. He is a fishing guide on the Green River in Utah.

I think you will find a large cross section of Americans (and a handful of other countries) on this board. Some folks are sporting some pretty expensive boats and may own a lake? Who knows. Others may just have older Mastercrafts that they picked up for less than $10k. Overall it is a good bunch of people. ;)

bcampbe7
01-25-2010, 02:39 PM
Banks have a bunch of money! :)

MYMC
01-25-2010, 02:41 PM
Banks have a bunch of money! :)

Just to tough to get them to loan it after we loaned to them...

russlars
01-25-2010, 02:44 PM
Most of us work for a living. I doubt there are many of us living on the Obama plan.:rolleyes:

TMCNo1
01-25-2010, 02:51 PM
Most of us work for a living. I doubt there are many of us living on the Obama plan.:rolleyes:


We're all on the Obama Plan, he's the Pimp and we all work for him and give him our money!:rolleyes::D

MYMC
01-25-2010, 02:51 PM
Hello, I have noticed on this forum that there is alot of money spent on boats, homes, lake property, docks, vehicles, trips, remodeling, and restoration projects. I am an average guy that enjoys coaching youth baseball and teaching kids to ski. I could teach 4 orphan kids to waterski every day, 5 days a week, for 7 months on what some here have invested in a truck and boat. So if you don't mind me asking, how do you folks make what appears to be such large sums of money?
Rather than deal with all the silly BS here on TeamTalk, I went to the trouble of obtaining a clear and concise answer for you...here is where the money comes from: http://www.informationclearinghouse.info/article18205.htm

(all you had to do was google it!)

shepherd
01-25-2010, 03:02 PM
It's not so much about the money. It's just that Mastercraft of Charlotte practically gives away boats. Ask JohnE. He knows.

russlars
01-25-2010, 03:06 PM
We're all on the Obama Plan, he's the Pimp and we all work for him and give him our money!:rolleyes::D
Good point #1. He gets plenty of my money also, I just don't see much of it coming back!

Kyle
01-25-2010, 03:23 PM
Hey the more money you make the more bills you have.....Trust me

Just cause some have a nice boat and truck doesnt mean its paid for. Hey your boats a lot newer than mine.

I am sure you have things that the other guys wish that they had and vise versa.

I choose to have a decent truck and a great skiing boat thats paid for so I can use it daily in the summer. Last year went 53 days straight. No new truck, boat, lake house, lake, dock, ect. but if I am not on my boat I am on one of the other 3 in our boat rotation.

EricB
01-25-2010, 03:38 PM
The key is ...planning (of which I'm not good at).

But my wife is, so after we got married, we bought our first lake house before we bought our "city" house. We both worked and used 1 income to pay off the lake home BEFORE we had children (key word..BEFORE). Paid off the lake property in 3 years.
We don't buy new cars and boats, but target and save for the next purchase. Pay cash so there is no additional loans, only 1 mortgage.
The other benefit of doing it this way was that we were used to only one income while we were paying off the cabin. That way, when the kids did come it, my wife could stay at home with them. We were used to running on 1 income already!

kjohnson
01-25-2010, 03:53 PM
I went to college for six years to get a Master's Degree in Engineering. Worked my arse off to get it and have been working as an engineer for 25 years. After 25 years, as an engineer, most people make a pretty good salary.

mccobmd
01-25-2010, 03:56 PM
I spent 8 years in the army, got out and bought a house I flipped. Bought another house that the realtor was convinced was "much less than I could afford". Bought a 2006 X1 for cash in 2007 (with the money I would have used on the bigger house) instead of the loaded 2008 X2 I thought I really wanted and would have had to make payments for. I now have saved enough to buy the X2 if I wanted to but I love my X1 and am using the money to pay off debt at my church. I don't know anyone else's plan but the more faithful I am to God with my money the more he seems to trust me with.

jdl xstar
01-25-2010, 03:58 PM
According to the Mastercraft CEO, we mastercraft owners make about $500k/yr. :rolleyes: He said something along those lines in a CNBC interview a while back. Pretty funny i thought.

For me personally, No kids + good job = disposable income.

scott023
01-25-2010, 04:01 PM
I own my own business and have three kids, at 30 years old... I've worked for my disposable income. :D

TallRedRider
01-25-2010, 04:19 PM
According to the Mastercraft CEO, we mastercraft owners make about $500k/yr. :rolleyes: He said something along those lines in a CNBC interview a while back. Pretty funny i thought.

For me personally, No kids + good job = disposable income.

I think he actually said that the average new MC boat buyer has an income of 250K. SO you see we really aren't that rich! :rolleyes::rolleyes:

But most guys raking in 250K aren't wasting time roaming the internet.

I would dare say that most guys who have the things like that are going to tell you that they worked hard...
But education is key in my mind. There are rich people with no formal education, and there are poor people with lots of education...but your chances of being poor are multiplied if you don't go to college.

stuartmcnair
01-25-2010, 04:29 PM
let's see, I get up in the morning and go to work. I work all day. I leave work and then go to another job. I work there a few hours. On the weekend I have another job. I work not because I love to work, but because I can have a wonderful lifestyle that I enjoy.

I also have priorities. My children go to private school (priority #1) and my wife does not have a full time job. I have a twenty year old MasterCraft, a beautiful home, and an awesome lakehouse.

What I don't do is go out to eat very much, never go out drinking, don't waste money on expensive clothes or buy new cars.

My priorities involve family and family time so that's what I spend my money on.

Muttley
01-25-2010, 05:39 PM
Fortunately I have a trade where I can do side jobs for cash, plus a hobby that makes a bit of money as well. That keeps me in toys & gas.

...not quite enough for the lakeside cabin, but enough to keep me entertained.

TMCNo1
01-25-2010, 08:33 PM
I borrow money from JohnE!:rolleyes::D BTW, when is our exact court date with Judge Judy?:confused::confused:

Slinkyredfoot
01-25-2010, 08:47 PM
Well I won $500 on a scratch off tic my kids bought me for Christmas, I paid for their Chritsmas presents and paid taxes on my winnings and I am right back to zero again. Guess I will have to get up again tomorrow morning and go back to work

TX.X-30 fan
01-25-2010, 08:53 PM
Well I won $500 on a scratch off tic my kids bought me for Christmas, I paid for their Chritsmas presents and paid taxes on my winnings and I am right back to zero again. Guess I will have to get up again tomorrow morning and go back to work



Lucky bastage////////////////////////// :D

2RLAKE
01-25-2010, 08:58 PM
i am a male prostitute for very wealthy women and ....

TMCNo1
01-25-2010, 09:01 PM
i am a male prostitute for very wealthy women and ....

I thought you had a very lucrative business making Prostar19 bobblehead dolls!:rolleyes:

YTW
01-25-2010, 09:09 PM
The sampeling of both clever and real posts are great.

Banks have alot of Money - Clever
25 years as an Engineer - Real

Please keep going!

damaged442
01-25-2010, 10:30 PM
I went to college for a long time. I worked crappy jobs with horrible hours that paid well so I could pay for the college I went to for a long time. Once I got out and started working in the real world, I found a 1989 Tristar that was in great shape. Seven years later, still proudly rocking it. Could I upgrade? Sure, but what I have now runs great, drives great and is paid for, and I'm not really ready for another payment, yet! What I found out about this site and the people I've met from it, is it really doesn't matter if you have something you paid a thousand dollars for, or if you just picked up a new 300, they're good people.

bbymgr
01-25-2010, 10:51 PM
i am a male prostitute for very wealthy women and ....

Hey.................your Fred Garvin.:D

Toober Tom
01-25-2010, 10:54 PM
I got the money to buy my boat from changing tires and keeping the tubes.

Dan_Lorenze
01-26-2010, 12:30 AM
two good incomes and we buy toys used..

thatsmrmastercraft
01-26-2010, 12:58 AM
After being married and divorced I'm not the one with all the money. My plan to get back to rolling in the dough is I hang out at the local casinos and try to help the old gals get out of their limousines. :D :rolleyes:

TayMC197
01-26-2010, 01:57 AM
I'm 26, graduate in November with my Bach in Business, paid for it myself(I'm a single male w/ no kids), bought a cheap house and well. I slowly but surely built up my inventory. I'm patient and wait for deals. I will buy things then flip em and make big on them. My big truck is a 02 I got as a bank repo. My boat was trash when I bought it but put a lot of my time in it. The rest is money I saved up to purchase.
I worked since I was 16, I didn't have mom and dad pay for anything, I built up great credit but pay everything off fast. Also I build performance atv/dirtbike motors on the side. That brings in a good chunk to devot. Like Kyle, my boat and truck is paid for and I have very few bills, so I get to enjoy my toys as much as time lets me. I have to spend more time studying to graduate. Being debt free is a blessing. Now that I'm working on an engagement, I'm scared my status will change.

Holman J.B.F
01-26-2010, 03:28 AM
Yachtpainting Contractor.

06' X-2 R8R H8R
01-26-2010, 03:40 AM
I was very fortunate....All I had to do is sell my oldest kid and now I,m retired. Very simple.

JohnE
01-26-2010, 09:09 AM
Easy, for every boat JohnE buys, the margin is so big that someone else gets a good deal. Like Shep.






I should have bought that '03 first.:mad::D

Thrall
01-26-2010, 09:59 AM
.................

Ski-me
01-26-2010, 03:04 PM
I spent 8 years in the army, got out and bought a house I flipped. Bought another house that the realtor was convinced was "much less than I could afford". Bought a 2006 X1 for cash in 2007 (with the money I would have used on the bigger house) instead of the loaded 2008 X2 I thought I really wanted and would have had to make payments for. I now have saved enough to buy the X2 if I wanted to but I love my X1 and am using the money to pay off debt at my church. I don't know anyone else's plan but the more faithful I am to God with my money the more he seems to trust me with.

A hard concept to follow but so true.....:) Nice Job!

tex
01-26-2010, 03:07 PM
I went to college for six years to get a Master's Degree in Engineering. Worked my arse off to get it and have been working as an engineer for 25 years. After 25 years, as an engineer, most people make a pretty good salary.

Gene hates you!

tex
01-26-2010, 03:08 PM
The key is ...planning (of which I'm not good at).

But my wife is, so after we got married, we bought our first lake house before we bought our "city" house. We both worked and used 1 income to pay off the lake home BEFORE we had children (key word..BEFORE). Paid off the lake property in 3 years.
We don't buy new cars and boats, but target and save for the next purchase. Pay cash so there is no additional loans, only 1 mortgage.
The other benefit of doing it this way was that we were used to only one income while we were paying off the cabin. That way, when the kids did come it, my wife could stay at home with them. We were used to running on 1 income already!

Gene hates you!

tex
01-26-2010, 03:09 PM
I spent 8 years in the army, got out and bought a house I flipped. Bought another house that the realtor was convinced was "much less than I could afford". Bought a 2006 X1 for cash in 2007 (with the money I would have used on the bigger house) instead of the loaded 2008 X2 I thought I really wanted and would have had to make payments for. I now have saved enough to buy the X2 if I wanted to but I love my X1 and am using the money to pay off debt at my church. I don't know anyone else's plan but the more faithful I am to God with my money the more he seems to trust me with.

God loves you but Gene hates you!

tex
01-26-2010, 03:10 PM
I own my own business and have three kids, at 30 years old... I've worked for my disposable income. :D

Gene hates you!

Sodar
01-26-2010, 03:10 PM
Mr. Dobies would be all over this tread.

tex
01-26-2010, 03:11 PM
let's see, I get up in the morning and go to work. I work all day. I leave work and then go to another job. I work there a few hours. On the weekend I have another job. I work not because I love to work, but because I can have a wonderful lifestyle that I enjoy.

I also have priorities. My children go to private school (priority #1) and my wife does not have a full time job. I have a twenty year old MasterCraft, a beautiful home, and an awesome lakehouse.

What I don't do is go out to eat very much, never go out drinking, don't waste money on expensive clothes or buy new cars.

My priorities involve family and family time so that's what I spend my money on.

I like you except the drinking and expensive clothes thing!

tex
01-26-2010, 03:12 PM
Well I won $500 on a scratch off tic my kids bought me for Christmas, I paid for their Chritsmas presents and paid taxes on my winnings and I am right back to zero again. Guess I will have to get up again tomorrow morning and go back to work

Gene loves you!

tex
01-26-2010, 03:13 PM
I went to college for a long time. I worked crappy jobs with horrible hours that paid well so I could pay for the college I went to for a long time. Once I got out and started working in the real world, I found a 1989 Tristar that was in great shape. Seven years later, still proudly rocking it. Could I upgrade? Sure, but what I have now runs great, drives great and is paid for, and I'm not really ready for another payment, yet! What I found out about this site and the people I've met from it, is it really doesn't matter if you have something you paid a thousand dollars for, or if you just picked up a new 300, they're good people.

Gene loves you too!

tex
01-26-2010, 03:14 PM
After being married and divorced I'm not the one with all the money. My plan to get back to rolling in the dough is I hang out at the local casinos and try to help the old gals get out of their limousines. :D :rolleyes:

I wanna party with this guy!

tex
01-26-2010, 03:15 PM
I'm 26, graduate in November with my Bach in Business, paid for it myself(I'm a single male w/ no kids), bought a cheap house and well. I slowly but surely built up my inventory. I'm patient and wait for deals. I will buy things then flip em and make big on them. My big truck is a 02 I got as a bank repo. My boat was trash when I bought it but put a lot of my time in it. The rest is money I saved up to purchase.
I worked since I was 16, I didn't have mom and dad pay for anything, I built up great credit but pay everything off fast. Also I build performance atv/dirtbike motors on the side. That brings in a good chunk to devot. Like Kyle, my boat and truck is paid for and I have very few bills, so I get to enjoy my toys as much as time lets me. I have to spend more time studying to graduate. Being debt free is a blessing. Now that I'm working on an engagement, I'm scared my status will change.

You are the man that Gene wishes he was!

tex
01-26-2010, 03:17 PM
Gene hates me!!!!

Thrall
01-26-2010, 03:28 PM
Instead of teaching orphans to water ski 140 days a year, I'm at work on those days. The addditional income from this paid for the boat.
What I want to know is where does your money come from YTW to be rockin a new X14 with all the charity work you do?

M-Funf
01-26-2010, 03:46 PM
Gene hates me!!!!

Classic, Tex...how about a martini?

I work...been at it for 30 years. Got my work permit at age 14 so I could start working sheet metal at my dad's shop. Didn't want to bend metal for all my life, so I went to college like kjohnson and got an Engineering Degree. Been doing Engineering work ever since.

That said, I didn't buy a new bote...found an old MC that does just fine by me.

I do, however, go out drinkin...spend money on fast cars...and lots of wine...it's a sickness...

scott023
01-26-2010, 03:52 PM
Classic, Tex...how about a martini?

I work...been at it for 30 years. Got my work permit at age 14 so I could start working sheet metal at my dad's shop. Didn't want to bend metal for all my life, so I went to college like kjohnson and got an Engineering Degree. Been doing Engineering work ever since.

That said, I didn't buy a new bote...found an old MC that does just fine by me.

I do, however, go out drinkin...spend money on fast cars...and lots of wine...it's a sickness...

You've got a whole lot of sickness about you, eh?

M-Funf
01-26-2010, 03:53 PM
You've got a whole lot of sickness about you, eh?

Not nearly as much as you do...:rolleyes:

but more than you know...

Sodar
01-26-2010, 03:55 PM
Classic, Tex...how about a martini?

I work...been at it for 30 years. Got my work permit at age 14 so I could start working sheet metal at my dad's shop. Didn't want to bend metal for all my life, so I went to college like kjohnson and got an Engineering Degree. Been doing Engineering work ever since.

That said, I didn't buy a new bote...found an old MC that does just fine by me.

I do, however, go out drinkin...spend money on fast cars...and lots of wine...it's a sickness...

Tex just called... Gene hates you, too.

M-Funf
01-26-2010, 03:55 PM
Tex just called... Gene hates you, too.

:uglyhamme:uglyhamme:uglyhamme:uglyhamme

scott023
01-26-2010, 03:56 PM
Not nearly as much as you do...:rolleyes:

but more than you know...

I'm good here Funf, no worries. :D

tex
01-26-2010, 04:09 PM
Classic, Tex...how about a martini?

I work...been at it for 30 years. Got my work permit at age 14 so I could start working sheet metal at my dad's shop. Didn't want to bend metal for all my life, so I went to college like kjohnson and got an Engineering Degree. Been doing Engineering work ever since.

That said, I didn't buy a new bote...found an old MC that does just fine by me.

I do, however, go out drinkin...spend money on fast cars...and lots of wine...it's a sickness...

Great minds think alike...Gene is buried in my backyard!

stuartmcnair
01-26-2010, 06:07 PM
I like you except the drinking and expensive clothes thing!

I don't go OUT to drink...two drinks in a bar around here gets me the whole bottle...better to have friends over to drink after a day on the water

JohnE
01-26-2010, 06:45 PM
I guess the more I think about it, I've saved so much drinking at home that it's paid for all my boats.......

erkoehler
01-26-2010, 06:48 PM
www.chicagomastercraft.com

Work 7 days a week most weeks :)

medicmoose
01-26-2010, 06:54 PM
I guess the more I think about it, I've saved so much drinking at home that it's paid for all my boats.......

Hmmmm...looks like the newest get rich quick scheme....I see myself making a killing here.

Money for the boat?? Well, looks like I will be producing infomercials in the near future 8p

TMCNo1
01-26-2010, 07:17 PM
55145
http://www.youtube.com/watch?v=nujQHu_j3Sw

shepherd
01-26-2010, 07:19 PM
To be honest, I'd be happy with an old beat up $5,000 Ski Supreme as long as it would reliably pull me at 34 mph. I just spent $35K on my boat because I'm rich and I hate Gene.

tex
01-26-2010, 07:37 PM
To be honest, I'd be happy with an old beat up $5,000 Ski Supreme as long as it would reliably pull me at 34 mph. I just spent $35K on my boat because I'm rich and I hate Gene.

Greatness!!!!

Skipper
01-26-2010, 07:43 PM
Instead of teaching orphans to water ski 140 days a year, I'm at work on those days. The addditional income from this paid for the boat.
What I want to know is where does your money come from YTW to be rockin a new X14 with all the charity work you do?

No kidding! What a snapper head! This guy owns a $50 thousand dollar boat and ski all week long, no job. Where does the money come from YTW?

JohnE
01-26-2010, 07:52 PM
www.chicagomastercraft.com

Work 7 days a week most weeks :)

And 8 days the other weeks?:D

Thrall
01-27-2010, 11:08 AM
No kidding! What a snapper head! This guy owns a $50 thousand dollar boat and ski all week long, no job. Where does the money come from YTW?

Funny stuff!
Skipper I was messin' around though. YTW did say he COULD ski all week and not work if he had the $ some have spent on their rigs and boats.
Just thought it was kind of a loaded question....."How could you all possibly spend this much coin on your toys?"................coming from a guy with a new X14!

erkoehler
01-27-2010, 11:31 AM
And 8 days the other weeks?:D

Nope, usually snowmobiling if I'm not here in the winter :)

YTW
01-27-2010, 03:14 PM
Funny stuff!
Skipper I was messin' around though. YTW did say he COULD ski all week and not work if he had the $ some have spent on their rigs and boats.
Just thought it was kind of a loaded question....."How could you all possibly spend this much coin on your toys?"................coming from a guy with a new X14!

Thank you for reading the question.

bobx1
01-27-2010, 03:28 PM
I was married when I graduated from college (and worked in college). I busted my hump for 27 years (60+ hours per week) before I purchased my MC X1. Basically, the only vacations I take are 1/2 day off on Friday during the summer in order to be at my lake camp (not lake "house") with my wife and kids. My father told me to never pay for "toys" with credit and have followed that advice. So far, the lake "camp" has been a good investment as even during this economy, it is worth considerably more than I paid for it.

Speaking of toys and lake houses, check out this $1 million dollar boat house (actually boat room):

http://www.hgtv.com/real-estate/million-dollar-rooms-tour/pictures/page-2.html

Eric2010MCX2
01-27-2010, 11:12 PM
Where does the money come from?......... working my butt off.. college educated and fiance is working on her 3rd degree (nurse practitioner).. bought first house early... no kids (yet).... and most imprtantly.. I have been very frugal in my everyday spending.. still shop at wal mart for groceries, and don't buy useless crap just b/c its "on sale".... looks like it paid off! Brand new X2 at 28 yrs old!

scott023
01-27-2010, 11:30 PM
Where does the money come from?......... working my butt off.. college educated and fiance is working on her 3rd degree (nurse practitioner).. bought first house early... no kids (yet).... and most imprtantly.. I have been very frugal in my everyday spending.. still shop at wal mart for groceries, and don't buy useless crap just b/c its "on sale".... looks like it paid off! Brand new X2 at 28 yrs old!

Sounds like a common theme Eric... except the Walmart part. That place blows. Just saying. :D

mccobmd
01-27-2010, 11:53 PM
Sounds like a common theme Eric... except the Walmart part. That place blows. Just saying. :D

:uglyhamme:uglyhamme:uglyhamme I'm feeling you!!!

barefoot
01-28-2010, 12:26 AM
I like to think I live on cooperate sponsorship.

The business is the investment...Most expenses get pushed through there...The cash gets reinvested.

The new job lets me play and gives me a paycheck.

Cooperate sponsorship!

cdstukey
01-28-2010, 02:04 AM
crap, am the only one who married money?

Eric2010MCX2
01-28-2010, 08:52 AM
Sounds like a common theme Eric... except the Walmart part. That place blows. Just saying. :D

There are a few here (Raleigh, NC area suburbs) that are brand new and actually pretty nice.. very clean.. always have what I need... they buy local produce mostly from what I hear which is always very fresh... no complaints... why pay more for the same thing? Don't get me wrong.. if I'm doing a gourmet dinner I cant always go there b/c they dont have some higher end things, but all in all, that place saves us a lot of dinero.

cbryan70
01-28-2010, 10:05 AM
Eric.....he owns a grocery store in canada......

scott023
01-28-2010, 10:18 AM
Taking all bias out of the conversation, I hated Walmart long before I bought the store... they are a global hoarder that has no care for local business and economy. They also have crap merchandising... now the SuperCenters have crap produce and meat. Just my two cents.

thatsmrmastercraft
01-28-2010, 10:30 AM
After being married and divorced I'm not the one with all the money. My plan to get back to rolling in the dough is I hang out at the local casinos and try to help the old gals get out of their limousines. :D :rolleyes:

crap, am the only one who married money?

That is my goal.

TMCNo1
01-28-2010, 02:11 PM
Taking all bias out of the conversation, I hated Walmart long before I bought the store... they are a global hoarder that has no care for local business and economy. They also have crap merchandising... now the SuperCenters have crap produce and meat. Just my two cents.

Yea, but to go to Walmart, ya don't have to dress you like you do to go to a mom and pop store or to Dollar Tree!:D:rolleyes:

Eric2010MCX2
01-29-2010, 11:23 PM
Eric.....he owns a grocery store in canada......

ahhh.. gotcha.

jipster43
01-29-2010, 11:40 PM
Support China. Shop at Wal-Mart.

Now back to the original topic. I have a Mastercraft because I am a very, very fortunate person. I know lots of people who work just as hard as I do, but haven't had the same fortune. I have no idea how that works, but whatever. I've got mine!

JP :)

Loffgren
02-04-2010, 01:17 PM
Working since 16....

JMann
02-04-2010, 02:24 PM
What money, I have an old boat, an old house, an old car. I work my *** off for not enough pay but I like what I do. I'd rather make less money and enjoy coming to work than the 250k you speak of and dread coming to work.

Kevin&Annie
02-04-2010, 04:44 PM
Hello, I have noticed on this forum that there is alot of money spent on boats, homes, lake property, docks, vehicles, trips, remodeling, and restoration projects. I am an average guy that enjoys coaching youth baseball and teaching kids to ski. I could teach 4 orphan kids to waterski every day, 5 days a week, for 7 months on what some here have invested in a truck and boat. So if you don't mind me asking, how do you folks make what appears to be such large sums of money?

Does this statement and question seem a little holier than thou to anyone else? YTW, how do you know what everyone elses state of giving is? Maybe the guy with the hundred thousand dollar boat and truck combo gives or volunteers as much as you.. Maybe more!..Hell, we live in a modest house that cost $120,000 when we bought it. I guess we could have bought a cheaper house and used the difference to teach orphans to ski, but I don't see anything wrong with spending money if you have it..Not that we do..( $6500 22 year old 190)..I appoligize if you didn't mean to come across that way.. But we still have not heard what YOU do to afford a really nice boat..I bet you could have taught at least one orphan how to ski for what you could have saved buying an older one. just sayin.

ski/hunt
02-05-2010, 02:26 PM
I travel a little over 215 days a year in a 98 40ft. Motor coach WORKING for the family buss. For 8 years of my 13 my wife and I had no home but the coach. Then our kids started pre-school, so I try to make trips short. I cover 18-19 states consistant thru the year. My wife works from home, and does "mommy" and "daddy" when I'm on the road. My secret has been give God the credit for all my blessings (like being born in the US, healthy kids ect. Ect.) take care of the family, work hard,and buy "well cared for used" high $ items if we can. Just got first boat under a week ago 96 prostar 205, and can't stop thinking about how many lakes there are in the eastern portion on the nation I travel to bring family all summer for WORK & PLAY!!! come on warm weather!!!

YTW
02-06-2010, 12:26 AM
Thanks again for all the responses. My situation is that I live in a $96,000 paid for house. I have been able to move from a 1980 S&S, to a 1993 Maristar 225, to the now 2008 X-14. My dream job is to give kids with no parents the opportunity to visit area lakes and learn to ski everyday, and was just wanting to get an idea as to how the other MC owners made money. It seems a degree (which I have), many years on the job (30 years in 11 different industries for me), and buying used (which I have done in the past) is how the majority of you accumilated wealth. Thanks again to all who have posted.

David4MCSammyDuvall
02-06-2010, 02:00 AM
Good question ! I remember working at the MasterCraft boat dealership several years ago. The cost of the MasterCraft boats was nothing over than $ 40,000. The cost of MasterCraft boats were just the same as the cost of luxury cars. People were able to afford to purchase a MasterCraft boat in the past. Nowadays, the cost of MasterCraft boats went skyrocketing. It's hard to believe that the MasterCraft boats costs more than the cost of a house. It's not the MasterCraft boat owners who are making a lot of money. It's the banks that approved the loans that are bigger than the owner's pockets. The owners realize that they can't afford to pay $ 600 to $ 800 a month payments. That's why you see so many new MasterCraft boats on the Market section. Don't pay attention to the owner's income. Pay attention to the banks. I'm the owner of 1995 MasterCraft ProStar 190 Sammy Duvall. It's paid for it. I wish I could afford to get a newer model but can't afford it. There's a chance that the MasterCraft company will eliminate my comments.... if you read this... great.... if not.... that sucks... :-)

uncleboo
02-06-2010, 02:29 AM
My wife and I both have master's degrees, great jobs, and no kids (yet).

capnkirk52
02-06-2010, 11:26 AM
Farmer.......Boat is an 07 PWT Star.

JohnE
02-06-2010, 03:14 PM
Here's my honest answer. I own a small electical contracting business that I work hard at and do fairly well at. I used to own an older prostar then tristar. I decided when I was almost 40 that I have no kids, I'd like a new MC but can't afford it. I could afford a payment so I decided to buy a new one and finance it. I have no problem making the payments. I know I'm paying a boatload of interest, but I don't really care. I waste a lot of money in general. (I go out to dinner, I drink like a fish, I sometimes buy decent cigars, I golf occasionally, I buy coffee at dunkin donuts, I buy lunch rather than take it from home....I could go on.)

I truly have more fun with more people in my X14 than I would or could in my tristar so it is flat out worth it for me.

So the answer to the op is that the money came from The Bank of The West in California.

JohnnyB
02-07-2010, 11:45 AM
I think you'll find that most of the folks on this board are well educated, hard workin' people that are very hands-on in the upkeep of their boats, cars, snowmobiles, motorcyles, etc. Most of 'em have lots of toys, but most also buy them used and do their own up keep and take care of them very well (obsessive). Most folks on here are serious do-it-yourselfers...home improvements, maintenance, etc. I believe most are careful with their money, too. I fit the profile I described. I am a professional with 17years experience in my industry and make a decent salary. Out of 2 trucks, 1 car, MC boat, fishing boat, 2 snowmobiles, tractor currently in the garage only one was purchased new (truck) and I've owned it for 12 years....driven it a 1/4 million miles. I bought my 1st house as a fixer-upper that I flipped, built my 2nd and 3rd as the GC and did several of the key trades myself. My first boat was a '93 sea ray, 2nd a '92 ProStar and 3rd a '04 ProStar. All were purchased used. I only financed a portion of the '04....paid that portion off in a year....I carry minimal debt if any other than my house. Between the last house and current one, I rented for a year and was completely debt free during that time. I do most of the maintenance on everything I own except, occasionally, the two daily-driver vehicles get serviced by a mechanic. That being said, I'll be the first one to write someone else a check if I don't have the right knowledge and/or tools to do something (build/fix/etc) but that isn't very often.

If I'm going to buy something, I'm going to take care of it and use it a long time so that I get the most value out of it. I tend to buy quality but buy used and shop carefully for a fair price. I don't impulse buy, ever. I am a saver.....I invest for retirement. I invest for my kids college. I'm not a gaget freak or a name-brand guy....I don't own an I-pod and dont' think I'd own a cell phone if my job didn't require it. I'm practical about spending for vacations, dinners out, entertainment.

Ok, Ok,...I'm ranting but you asked....

JohnnyB
02-07-2010, 11:49 AM
....I'm off to hang some blinds and curtains, change the oil in the tractor, pressure wash the plow truck, collate my tax stuff....goal of being on the couch by mid afternoon to watch pre-game.

Thrall
02-07-2010, 12:27 PM
I think you'll find that most of the folks on this board are well educated, hard workin' people that are very hands-on in the upkeep of their boats, cars, snowmobiles, motorcyles, etc. Most of 'em have lots of toys, but most also buy them used and do their own up keep and take care of them very well (obsessive). Most folks on here are serious do-it-yourselfers...home improvements, maintenance, etc. I believe most are careful with their money, too. I fit the profile I described. I am a professional with 17years experience in my industry and make a decent salary. Out of 2 trucks, 1 car, MC boat, fishing boat, 2 snowmobiles, tractor currently in the garage only one was purchased new (truck) and I've owned it for 12 years....driven it a 1/4 million miles. I bought my 1st house as a fixer-upper that I flipped, built my 2nd and 3rd as the GC and did several of the key trades myself. My first boat was a '93 sea ray, 2nd a '92 ProStar and 3rd a '04 ProStar. All were purchased used. I only financed a portion of the '04....paid that portion off in a year....I carry minimal debt if any other than my house. Between the last house and current one, I rented for a year and was completely debt free during that time. I do most of the maintenance on everything I own except, occasionally, the two daily-driver vehicles get serviced by a mechanic. That being said, I'll be the first one to write someone else a check if I don't have the right knowledge and/or tools to do something (build/fix/etc) but that isn't very often.

If I'm going to buy something, I'm going to take care of it and use it a long time so that I get the most value out of it. I tend to buy quality but buy used and shop carefully for a fair price. I don't impulse buy, ever. I am a saver.....I invest for retirement. I invest for my kids college. I'm not a gaget freak or a name-brand guy....I don't own an I-pod and dont' think I'd own a cell phone if my job didn't require it. I'm practical about spending for vacations, dinners out, entertainment.

Ok, Ok,...I'm ranting but you asked....

About sums it up for me too, except I'm more like JohnE with the "drinks like a fish, eat out, etc".

flya750
02-07-2010, 12:57 PM
I've been in IT for 21 years....I can safely and sadly report that the "users" haven't evolved much since 1989...same old same old...;)

The 1997 PS190 was paid for long ago; still running strong and looking good!

JohnnyB
02-07-2010, 02:33 PM
About sums it up for me too, except I'm more like JohnE with the "drinks like a fish, eat out, etc".

I splurge on an expensive cigar here and there but pretty much drink a steady diet of cheap beer....only case where quantity weighs out over quality....another Busch Lite please!!!

Cheers!

Thrall
02-08-2010, 12:09 AM
I splurge on an expensive cigar here and there but pretty much drink a steady diet of cheap beer....only case where quantity weighs out over quality....another Busch Lite please!!!

Cheers!

Yup! Got a case of Busch camo cans in the garage!

midgetdigit
05-31-2010, 03:23 AM
Sounds like a bunch of politicians! Of the 10 pages of responses I heard one or two legitimate answers.

Latetowork
05-31-2010, 01:56 PM
The key is ...planning (of which I'm not good at).

But my wife is, so after we got married, we bought our first lake house before we bought our "city" house. We both worked and used 1 income to pay off the lake home BEFORE we had children (key word..BEFORE). Paid off the lake property in 3 years.
We don't buy new cars and boats, but target and save for the next purchase. Pay cash so there is no additional loans, only 1 mortgage.
The other benefit of doing it this way was that we were used to only one income while we were paying off the cabin. That way, when the kids did come it, my wife could stay at home with them. We were used to running on 1 income already!

I was given a book at our wedding about getting ahead in life, and several talks from several people that laid it out this way. We bought all our toys, paid them off (except my truck, but that will be paid off next year) before buying our first house and starting our family (this part is coming I guess). Pay cash for everything we buy, and only buy what you can pay cash for outside of vehicles and property.

There are different ways to do everything in life, and well my personal preference is to limit the number of notes I have outstanding on anything. Our boat may be an '03, but we paid cash for it :D. Feels great to drive something you own outright. No one can take it away from me, unless I wreck it :[

scott023
05-31-2010, 02:22 PM
Sounds like a bunch of politicians! Of the 10 pages of responses I heard one or two legitimate answers.


I counted a heck of a lot more than one or two legitimate answers. You sure you read through them all?

I went to college for six years to get a Master's Degree in Engineering. Worked my arse off to get it and have been working as an engineer for 25 years. After 25 years, as an engineer, most people make a pretty good salary.

I own my own business and have three kids, at 30 years old... I've worked for my disposable income. :D

let's see, I get up in the morning and go to work. I work all day. I leave work and then go to another job. I work there a few hours. On the weekend I have another job. I work not because I love to work, but because I can have a wonderful lifestyle that I enjoy.

I also have priorities. My children go to private school (priority #1) and my wife does not have a full time job. I have a twenty year old MasterCraft, a beautiful home, and an awesome lakehouse.

What I don't do is go out to eat very much, never go out drinking, don't waste money on expensive clothes or buy new cars.

My priorities involve family and family time so that's what I spend my money on.

Fortunately I have a trade where I can do side jobs for cash, plus a hobby that makes a bit of money as well. That keeps me in toys & gas.

...not quite enough for the lakeside cabin, but enough to keep me entertained.

I went to college for a long time. I worked crappy jobs with horrible hours that paid well so I could pay for the college I went to for a long time. Once I got out and started working in the real world, I found a 1989 Tristar that was in great shape. Seven years later, still proudly rocking it. Could I upgrade? Sure, but what I have now runs great, drives great and is paid for, and I'm not really ready for another payment, yet! What I found out about this site and the people I've met from it, is it really doesn't matter if you have something you paid a thousand dollars for, or if you just picked up a new 300, they're good people.

I'm 26, graduate in November with my Bach in Business, paid for it myself(I'm a single male w/ no kids), bought a cheap house and well. I slowly but surely built up my inventory. I'm patient and wait for deals. I will buy things then flip em and make big on them. My big truck is a 02 I got as a bank repo. My boat was trash when I bought it but put a lot of my time in it. The rest is money I saved up to purchase.
I worked since I was 16, I didn't have mom and dad pay for anything, I built up great credit but pay everything off fast. Also I build performance atv/dirtbike motors on the side. That brings in a good chunk to devot. Like Kyle, my boat and truck is paid for and I have very few bills, so I get to enjoy my toys as much as time lets me. I have to spend more time studying to graduate. Being debt free is a blessing. Now that I'm working on an engagement, I'm scared my status will change.

Yachtpainting Contractor.

Classic, Tex...how about a martini?

I work...been at it for 30 years. Got my work permit at age 14 so I could start working sheet metal at my dad's shop. Didn't want to bend metal for all my life, so I went to college like kjohnson and got an Engineering Degree. Been doing Engineering work ever since.

That said, I didn't buy a new bote...found an old MC that does just fine by me.

I do, however, go out drinkin...spend money on fast cars...and lots of wine...it's a sickness...

www.chicagomastercraft.com

Work 7 days a week most weeks :)

I was married when I graduated from college (and worked in college). I busted my hump for 27 years (60+ hours per week) before I purchased my MC X1. Basically, the only vacations I take are 1/2 day off on Friday during the summer in order to be at my lake camp (not lake "house") with my wife and kids. My father told me to never pay for "toys" with credit and have followed that advice. So far, the lake "camp" has been a good investment as even during this economy, it is worth considerably more than I paid for it.

Speaking of toys and lake houses, check out this $1 million dollar boat house (actually boat room):

http://www.hgtv.com/real-estate/million-dollar-rooms-tour/pictures/page-2.html

Where does the money come from?......... working my butt off.. college educated and fiance is working on her 3rd degree (nurse practitioner).. bought first house early... no kids (yet).... and most imprtantly.. I have been very frugal in my everyday spending.. still shop at wal mart for groceries, and don't buy useless crap just b/c its "on sale".... looks like it paid off! Brand new X2 at 28 yrs old!

My wife and I both have master's degrees, great jobs, and no kids (yet).

Here's my honest answer. I own a small electical contracting business that I work hard at and do fairly well at. I used to own an older prostar then tristar. I decided when I was almost 40 that I have no kids, I'd like a new MC but can't afford it. I could afford a payment so I decided to buy a new one and finance it. I have no problem making the payments. I know I'm paying a boatload of interest, but I don't really care. I waste a lot of money in general. (I go out to dinner, I drink like a fish, I sometimes buy decent cigars, I golf occasionally, I buy coffee at dunkin donuts, I buy lunch rather than take it from home....I could go on.)

I truly have more fun with more people in my X14 than I would or could in my tristar so it is flat out worth it for me.

So the answer to the op is that the money came from The Bank of The West in California.

TX.X-30 fan
05-31-2010, 02:26 PM
I counted a heck of a lot more than one or two legitimate answers. You sure you read through them all?




Very nice Scott, my *** puckered right when I read that BS................... His 3rd post ever was less than stellar........................ Good job me compadre. :D

83SuperSlot
05-31-2010, 03:47 PM
Not that I have an expensive boat or anything but I thought I would just let you know how I have done it. I have had 5 boats in about 6 years. It all started with a 1973 Thunderbird trihull that I got for free. I have just been putting a bunch of work into boats and then flipping them. For example, my boat last year was a 1979 16' AMF Cresliner with a 135HP Johnson. I bought that boat for $500. I put about $200 into it and a bunch of hard work and sold it for $2800. I bought my Mastercraft 6 months ago for $3000. I have put about $700 and about 60 hours of work into it and I have already had an offer of $6000 for it. If I can get that up to around $7000 or $7500 I might have to upgrade again to a Prostar or Maristar or something... Who knows? Maybe within the next couple of years I will get a boat that's less than 20 years old... :D :D :D

Although, I will love every second of my Stars & Stripes!!

Age Fighter
06-01-2010, 01:18 AM
I love this thread -- little of everything.

On MC owners averaging 250 K a year: that's Dave Ramsey at 20 million and a whole lot of us bringing down that average from 20 mill.:cool:

Speaking of Dave Ramsey -- doing it debt free is the best way. Buy pre owned boats, pay cash, and work your way up. My latest pre owned looks and runs like a showroom boat. :D

On mccombc and being faithful to God. Amen bros -- that's how we do it. My wife is better at that than I -- but I get credit upstairs for letting her give a bunch of it away. ;)

06197ttlq9-footer
06-01-2010, 11:15 AM
Came in on this a little late, holiday weekend, but the short answer is " We EARN it"....It's a matter of priority where you spend your money. You can waste the part of your money the government let's you keep on CRAP from Wal-mart or you can buy a good used MasterCraft and start livin'!!!

cmw
06-01-2010, 12:43 PM
I think you'll find that most of the folks on this board are well educated, hard workin' people that are very hands-on in the upkeep of their boats, cars, snowmobiles, motorcyles, etc. Most of 'em have lots of toys, but most also buy them used and do their own up keep and take care of them very well (obsessive). Most folks on here are serious do-it-yourselfers...home improvements, maintenance, etc. I believe most are careful with their money, too. I fit the profile I described. I am a professional with 17years experience in my industry and make a decent salary. Out of 2 trucks, 1 car, MC boat, fishing boat, 2 snowmobiles, tractor currently in the garage only one was purchased new (truck) and I've owned it for 12 years....driven it a 1/4 million miles. I bought my 1st house as a fixer-upper that I flipped, built my 2nd and 3rd as the GC and did several of the key trades myself. My first boat was a '93 sea ray, 2nd a '92 ProStar and 3rd a '04 ProStar. All were purchased used. I only financed a portion of the '04....paid that portion off in a year....I carry minimal debt if any other than my house. Between the last house and current one, I rented for a year and was completely debt free during that time. I do most of the maintenance on everything I own except, occasionally, the two daily-driver vehicles get serviced by a mechanic. That being said, I'll be the first one to write someone else a check if I don't have the right knowledge and/or tools to do something (build/fix/etc) but that isn't very often.

If I'm going to buy something, I'm going to take care of it and use it a long time so that I get the most value out of it. I tend to buy quality but buy used and shop carefully for a fair price. I don't impulse buy, ever. I am a saver.....I invest for retirement. I invest for my kids college. I'm not a gaget freak or a name-brand guy....I don't own an I-pod and dont' think I'd own a cell phone if my job didn't require it. I'm practical about spending for vacations, dinners out, entertainment.

Ok, Ok,...I'm ranting but you asked....


I could not have said it better. Most applies to me. People give me a hard time and call me cheap but I will retire before they do;)

oxberger
06-01-2010, 12:50 PM
Love this thread. I always wondered myself how everyone can afford the cool things. I envy alot of you guys here. I personally have made many mistakes along the way, but because of those I've now learned to live below my means and it has paid off to an extent. My fiance and I are getting married in September and we bought a house together, but bought it based on my income alone. Smartest thing I ever did because she lost her job a few months back. Since we're getting married I inherited her debt (car loan, student loan, unsecured line of credit, credit car debt)and vow to not create anymore. If we can't pay cash we go without. We're slowly working on these items and if not for them my boat would be ready for the water and we'd have other cool stuff (motorcycles, lake property, etc). I don't have a lake house, but it's a dream. I got my boat as a non running fixer upper free from my father. I talked him into letting me have it because it was sitting unused, unloved, and deteriorating for 3 years. Since getting it, it has been a work in process and labor of love ever since, but since we've had to cut back due to the better half getting laid off, work has come to a halt on it. It'll get done, just not this year.

YTW
06-01-2010, 07:05 PM
Glad to see this thread up and running again. Thanks.

oxberger
06-02-2010, 11:29 AM
YTW, where in murfreesboro are you? That's where I live too. How often do you help out the kids and did you need help? I've always wanted to do stuff like that and plan to if and when my boat gets completed.

Kevin&Annie
06-02-2010, 12:05 PM
YTW, where in murfreesboro are you? That's where I live too. How often do you help out the kids and did you need help? I've always wanted to do stuff like that and plan to if and when my boat gets completed.
Oxberger, we are in the same area and have been working with an Adaptive Water Ski program for several years. We are always looking for some volunteers to help out. If you're interested, send us a pm and we'll get you the details. Its a lot of fun and a lot of hard work, but well worth it!

K & A

oxberger
06-02-2010, 12:18 PM
Kevin&Annie, sent Pm to you. Love your quote btw.

DooSPX
06-02-2010, 03:52 PM
Own a Networking and Consulting business. The bigger question to ask here is where does the money go? lol
I have a small house, a truck which I bought new in 04- paid off, a car bought in 05- paid off, my 91 PS190 and my SPX.

ShamrockIV
06-02-2010, 09:24 PM
I am full time military. the x30 that i just traded for. will be my 5th MC. i started with an 83 S&S and have always been able to find a new to me boat at a decent deal. as for all this money we spend. i always tell people. hey man i dont play golf or ride a motorcycle or take big vacations with the family. do u think the kids will remember that or the 3 weekends a month that we go to the lake during the summer. oh yeah it would be 4 but i have to spend one a month doing the national guard thing. oh yeah which by the way is my full time job and i happen to have missed this whole summer and last due to my current location. i will give u clue, lots of sand no water!

go with the best!! go MC!!

VOLFAN
06-02-2010, 10:57 PM
will be glad to see ya get back from that sand pit and see ya out in the new ride!

Thanks for what you are doing!

I am full time military. the x30 that i just traded for. will be my 5th MC. i started with an 83 S&S and have always been able to find a new to me boat at a decent deal. as for all this money we spend. i always tell people. hey man i dont play golf or ride a motorcycle or take big vacations with the family. do u think the kids will remember that or the 3 weekends a month that we go to the lake during the summer. oh yeah it would be 4 but i have to spend one a month doing the national guard thing. oh yeah which by the way is my full time job and i happen to have missed this whole summer and last due to my current location. i will give u clue, lots of sand no water!

go with the best!! go MC!!

ShamrockIV
06-03-2010, 12:48 AM
will be glad to see ya get back from that sand pit and see ya out in the new ride!

Thanks for what you are doing!


TOO EASY!!

psychobilly
06-03-2010, 02:23 AM
Thanks for what you are doing!

I second this!

oxberger
06-03-2010, 02:57 PM
Sham, thanks for doing it for us and keeping us safe! Glad you changed your signature picture. I'm not Titan fan yet, but getting closer.

ShamrockIV
06-03-2010, 06:27 PM
Sham, thanks for doing it for us and keeping us safe! Glad you changed your signature picture. I'm not Titan fan yet, but getting closer.

thanks ya'll

hey ox what would it take to push u over!!! i do have season tickets i might be able to hook u up!!

hey ytw!! u in the boro?? where do u take your boat?

5280Hawk
06-03-2010, 06:37 PM
My wife and I both work full time and Have two girls 10 and 3 in school/daycare.


She lost her job for about 9 months, and that hurt us a bit with Credit cards Debt racking up, but she has a better job now, so we are digging out.

Wife's car is paid for and I have about a year before my truck is paid for.

We have a Mortgage, student loans, college savings, Daycare etc., to pay for also.....

I financed my boat for 12 years, so the payments are $261.00 per month. Sounds crazy but that's the way we did it. :)

11 years to go!

ShamrockIV
06-03-2010, 06:50 PM
what you riding in hawk? hey man sounds good to me. you got to do what you got to do!!
heck pay that dude off early and take advantage of the low payment!!

5280Hawk
06-03-2010, 06:59 PM
Its a 2002 X-star. Low hours (like 70 when i bought it), but it sat uncared for for a while, and needed new interior vinyl, among other things. I also afford having a boat by doing all the maintenance, winterizing and most of the repairs myself.

ShamrockIV
06-03-2010, 07:23 PM
Its a 2002 X-star. Low hours (like 70 when i bought it), but it sat uncared for for a while, and needed new interior vinyl, among other things. I also afford having a boat by doing all the maintenance, winterizing and most of the repairs myself.

good deal bro!! i just made a deal for a 2002 x30 but luckily for me the owner had already redone the interior. i do all my maint and repairs too when possible so that helps.

oxberger
06-04-2010, 10:20 AM
thanks ya'll

hey ox what would it take to push u over!!! i do have season tickets i might be able to hook u up!!

hey ytw!! u in the boro?? where do u take your boat?

There are few guys on the team that I've met that need to go. Once they're gone I can start cheering them on. Sadly they'll always be second fiddle. I'm originally from Baltimore, so not only am I a huge Ravens fan, but I'm a huge hater of the Colts. If I have the money during the season I may take you up on those tickets.

My boat right now isn't lake worthy (hoping to remedy that soon), so I haven't put in aroung the 'boro. I have friends that put in at Fate Sanders and one that puts in at Seven Points. I used to live in Donelson and put in at Elm Hill all the time. Usually stayed on that side of the lake with my boat. I was on the other side of the bridge once and got pulled over by the water cops. The reason they pulled me over, I missed a marker and went WOT. No infraction they just wanted me to know that iwas in about 3 ft. of water doing about 45 mph. I got lucky. It freaked me out enough that in boat I tend to stay on the Elm Hill side of the bridge. A friend of mine had a bad experience in the cove by the bridge too, so I don't go in that cove either. We were in his Bayliner, pulling his brother on skiis, noticed a little bump and half a second later saw this black thing come out from the water and almost hit his brother. His brother fell dodging it. When he fell he stood up and was in water that was waste high. My friend had knocked of part of the skeg on the outdrive. We thought we were good, we were toward the middle of that cove.

So when you're not protecting our butt's and you're home, where do you take yours?

Thrall
06-04-2010, 10:22 AM
Doing your own work on vehicles/toys is a HUGE money saver (like you all didn't know that). PO of my X2, even though he only put 48hrs on it, had recepits for over $1k in maintenance. All for a couple oil changes and winterizations.
I've put just over $2k into parts on the X2 and thru some careful shopping, my own labor and wheeling/dealing I got what would (I'm guessing) be $7-8k in upgrades if I took it to the dealer and just told them to do everything I've done.

5280Hawk
06-04-2010, 11:18 AM
Also Living in Gypsum, its got to be close to $100.00 in gas round trip to S&W right?

Where do you boat up there BTW?

Granite_33
06-04-2010, 11:45 AM
This is a great thread.

Its all in hard work and money managment, in my opinion.

My credo;
#1 Always pay yourself first (savings, 401K, IRA)
#2 Never invest heavily in a depreciating asset. (automobiles)
#3 Never carry any credit card debt.
#4 Never buy anything that you can't pay cash for.
#5 Goes with #4, Never get sold on monthly payments.

Obviously its a credo, and I violate them.....but thats what happens with a wife and 2 kids at home......AND a need to have a Boat!

Also, I do most of the household maintenance and remodeling work myself...new faucets, dishwasher installation, new ceiling fans, bathroom lighting, electrical, etc, etc. You get the picture.

Cheers, Happy Friday.

Thrall
06-04-2010, 12:32 PM
Also Living in Gypsum, its got to be close to $100.00 in gas round trip to S&W right?

Where do you boat up there BTW?

Yeah, it's probably 400mi round trip to S&W, who doesn't seem terribly interested in my business anyway. I asked them to locate me a set of cooler seat hinges and other hardware when I visited them last month. Guy couldn't find the parts in his catalog on Sat when I was in there, so I left my # with him. Never heard back from them. Musn't be interested in selling $100-200 worth of parts to me.
We typically boat at Rifle Gap, Reudi Res, and Blue Mesa. Hoping to go up to Stagecoach this summer as well.

5280Hawk
06-04-2010, 01:18 PM
Yeah, it's probably 400mi round trip to S&W, who doesn't seem terribly interested in my business anyway. I asked them to locate me a set of cooler seat hinges and other hardware when I visited them last month. Guy couldn't find the parts in his catalog on Sat when I was in there, so I left my # with him. Never heard back from them. Musn't be interested in selling $100-200 worth of parts to me.

Yeah, they don't really like us guys who didn't buy a boat from them. They didn't treat me very well, and i"ve decided they will never see this particular MC, I go to Tommy's.

ShamrockIV
06-04-2010, 04:00 PM
I go to CHL(Center Hill) OX>

Check ur PM.

jvbaca
06-04-2010, 07:45 PM
I'm not sold on S&W either, I take my boat to them for major service items and buy my stuff/accessories from Tommys (when I'm not buying it online), they treat me fair and seem to appreciate my business.....:)

Thrall
06-04-2010, 08:11 PM
Not to keep the threadjack going, but a mech at Tommys went with the guy that bought my 190 and he was real knowledgable, friendly, and helpful (also buddies with the guy that bought my boat).
I ordered some small parts from S&W last year, no problems, they sent them right out, but I'm a bit miffed that after discussing this with a couple guys at the shop, looking over several boats to see which hinges worked (they seemed interested and I figgered they could sell more if the got the set up right), they never called my back.

7thsfgdoc
06-04-2010, 08:44 PM
Personally, I joined the Army directly out of high school. Spent 9 yrs in then got out and finished undergraduate degree. Got med school paid for by the Army and now serve as a military physician. Pay is decent and they even let me go to Afghanistan and get paid tax free (I just have to be williing to put up with dust storms and rocket attacks).

strad
06-04-2010, 09:04 PM
I don't even own a MC yet, but I intend to. Actually have the money in the bank for a nice 80's PS190 but need to keep it liquid as rainy day money at the moment. As soon as the wife finishes her master's (which we're paying cash for), I'll get some more schooling (already have a master's) and start earning some more money. I bought a bank-owned house that needed work (I did the work myself) that costs us next to nothing in payments after the room rent comes in, I own all my cars outright and I do all the work on them -- the youngest is 13 years old, the oldest 20 -- they are fully depreciated lol but run very very well. I pay off my credit card every month. When the time is right, I'll buy the boat, possibly as a project, and I'll pay cash for it. And when the time is right, I'll go get my lake house. Might not be till I retire in 30 years or so, but that's ok. I'll enjoy it when it happens, and hopefully I'll be able to pay cash for it as well. And I'll own a nicer boat by then too.

It's all about planning and being fiscally responsible.

ShamrockIV
06-04-2010, 09:10 PM
hey strad. we dont tell many this but all boats are "projects" lol

HDAVIS
06-04-2010, 09:22 PM
After kids left home and small amt of inherited $, was able to get nearly out of debt and we made a decision not to go back into debt. Three vehicles and 2 boats ('96 MC 190 and pontoon) are paid for, no credit card debt, ect. Inspired by Dave Ramsey but did not do his "plan". Lack a year on the house and 3 on a "modest" house boat. The wife and I make a pretty good salary, but work very hard to get it. Besides retirement, put $ in a separate money market for emergencies (A/C breaks or a vacation trip) so you won't need to borrow money or use a credit card.

Chief
06-04-2010, 09:38 PM
20 years military, now a civilian. Don't have the money to pay cash for everything but my biggest expense is having fun on the river. If I didn't have a hole in the water to throw money in then I would be supporting China more buying crap I don't need.

I don't need a million dollars in the bank to feel successful, because I can't take it with me and my kids can earn their own like I did! My contribution to them was college tuition, last daughter starting USC in Aug (Pre-Med).

I'll be on the river in my financed boat tomorrow!

ShamrockIV
06-04-2010, 09:48 PM
I'll be on the river in my financed boat tomorrow![/COLOR]


rgr Chief!!
i would hate to think of all the time i missed with the wife and kids on the water if i waited till i could buy my boat straight out. time is a precious thing, u can never get it back!!

Chief
06-04-2010, 09:59 PM
rgr Chief!!
i would hate to think of all the time i missed with the wife and kids on the water if i waited till i could buy my boat straight out. time is a precious thing, u can never get it back!!

Life is like a roll of toilet paper: The closer you get to the end, the faster it goes. Then the end! Stuck on the John!

trickskier
06-06-2010, 10:57 PM
20 years military, now a civilian. Don't have the money to pay cash for everything but my biggest expense is having fun on the river. If I didn't have a hole in the water to throw money in then I would be supporting China more buying crap I don't need.

I don't need a million dollars in the bank to feel successful, because I can't take it with me and my kids can earn their own like I did! My contribution to them was college tuition, last daughter starting USC in Aug (Pre-Med) .

I'll be on the river in my financed boat tomorrow!

Congratulations Chief --- I know you're proud --- And You Should Be!!!

ShamrockIV
06-06-2010, 11:06 PM
Congratulations Chief --- I know you're proud --- And You Should Be!!!

She must be smart like her momma tricky :)

trickskier
06-06-2010, 11:07 PM
She must be smart like her momma tricky :)

Roger That!!! :D

strad
06-07-2010, 08:25 PM
hey strad. we dont tell many this but all boats are "projects" lol

Yeah projects don't scare me. All my cars are projects. They don't look or run like it, but that's only because of all the sweat equity! My problem around here is MCs are few and far between. I'm going to have to go to LA or SF Bay area to get my project. Or SLC or Phoenix.

DemolitionMan
06-07-2010, 08:33 PM
I won the lottery but it was only 5 dollars.:(

atlfootr
06-15-2010, 09:21 AM
................

pkskier
06-15-2010, 10:20 AM
The one on the right or left?

scott023
06-15-2010, 10:23 AM
The one on the right or left?

The one on the dock. :D

TX.X-30 fan
06-15-2010, 10:42 AM
That thing looks useless.