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-   -   Substance vs Style (https://www.bikeforums.net/showthread.php?t=1205954)

Hondo Gravel 06-27-20 09:37 PM

Substance vs Style
 
I think I made wise decisions financially over the years. With not knowing how long this Covid virus will have everything slowing to a crawl. Iím thinking on ways to be smart not to get into a crack by doing unwise things. Things of substance is far more important right now. The style stuff can take a backseat as far as I am concerned. Iíve seen too many relatives get in horrible financial situations because they need the best and the greatest and people were very willing to sell it to them. Didnít work out to well for them in the long run. Luckily I didnít catch that disease and always had the older truck the less fancy material goods and so on. This crisis is really making me think hard about what is important and what is not.

no motor? 06-28-20 02:29 AM

I want to see what changes society makes as the virus becomes less of a problem. Hopefully the changes for the better will be more common, but I don't have enough faith in humanity to be live that will be the case.

jack pot 06-28-20 04:14 AM

SEPARATE & APART from earning a living & having children getting an education all of which will be ??? ones social life will be forever impacted > before this is over you will be wary of strangers & FRIENDS ... learn how to live with fewer face to face needs ... the more remote you can be the better off you will be ... try and understand that all prior social conventions will not return ... crowds may be gone & along with them a part of the "entertainment/sports industry > movies games music & their venues ........... places like Hondo Tx will be more attractive than the Houstons or Austins

indyfabz 06-28-20 04:52 AM

Judging from the number of people who lined up out PA malls hours before they reopened on Friday, and the way people instantly flooded bars in other states when they were allowed to serve indoors, I donít believe a lot of people are planning to change their behaviors. Local news interviewed a high school senior who was hanging out at the Jersey shore, not practicing safe behaviors. In a nutshell she said sheíd be sad if she sickens people in her family but that sheíd already missed so much of what senior year was supposed to be about. This came on the heels of one person infecting a dozen others after spending a week at a shore house. She brought it home with her.

Kimmo 06-28-20 04:58 AM

Lots of folks in my country like to thrash the hell out of their credit cards... I think we might have the highest private debt ratio in the world. Bunch of shallow wankers, sucked into grasping consumerism, gotta have a repulsive black AMG SUV and a mcmansion, full of crap bought on the card. Watching reality shows on commercial telly, listening to commercial radio, driving like ****en pigs on their way to hoard toilet paper, and once in a while voting for a pack of transparent charlatans who illegally sprinkle baubles of middle class welfare and bleed the whole place dry with their insane vampiric crony capitalism.

Don't get me started

ahsposo 06-28-20 06:16 AM

I'm just thankful I have a pot to pee in. Don't hate me just because it's solid gold and encrusted with precious jewels.

texaspandj 06-28-20 06:32 AM

Being impressed by gold and wealth has taken a back seat to survival, and health. Unfortunately it took a pandemic for most Americans to see things of real importance...about 4 years too late.
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skidder 06-28-20 07:14 AM


Originally Posted by Kimmo (Post 21557518)
Lots of folks in my country like to thrash the hell out of their credit cards... I think we might have the highest private debt ratio in the world. Bunch of shallow wankers, sucked into grasping consumerism, gotta have a repulsive black AMG SUV and a mcmansion, full of crap bought on the card. Watching reality shows on commercial telly, listening to commercial radio, driving like ****en pigs on their way to hoard toilet paper, and once in a while voting for a pack of transparent charlatans who illegally sprinkle baubles of middle class welfare and bleed the whole place dry with their insane vampiric crony capitalism.

Don't get me started

If your info had not shown you are in Australia I would have thought you were describing people in Southern California. Not much difference, is there? (except the funny accent! :thumb:).

ahsposo 06-28-20 07:58 AM

I say, if you have to die you might as well die deep in debt. You can't take it with you...

TakingMyTime 06-28-20 08:17 AM


Originally Posted by Hondo Gravel (Post 21557310)
I think I made wise decisions financially over the years. With not knowing how long this Covid virus will have everything slowing to a crawl. I’m thinking on ways to be smart not to get into a crack by doing unwise things. Things of substance is far more important right now. The style stuff can take a backseat as far as I am concerned. I’ve seen too many relatives get in horrible financial situations because they need the best and the greatest and people were very willing to sell it to them. Didn’t work out to well for them in the long run. Luckily I didn’t catch that disease and always had the older truck the less fancy material goods and so on. This crisis is really making me think hard about what is important and what is not.

Virus or not, the important thing is to.... always, spend less than you make. When younger people ask me for investing advice I always tell them "No matter what, save money. You need to treat saving money like air, you can't do without it", "People who understand interest... earn it. Those who don't... pay it".

FiftySix 06-28-20 10:39 AM

Thankfully, bicycling can be a very affordable pastime/sport.

:speedy:

downtube42 06-28-20 10:54 AM

The sad thing about high school seniors who think those will be the best days of their lives is, for too many itf them it's actually true.

My mom grew up in the great depression, and those experiences deeply affected her entire life. I wonder if there's a generation who will be similarly affected by the virus and associated impacts.

jack pot 06-28-20 11:19 AM


Originally Posted by ahsposo (Post 21557581)
I'm just thankful I have a pot to pee in. Don't hate me just because it's solid gold and encrusted with precious jewels.

:thumb: me too as long as i got pot and can pee im good :)

StupidlyBrave 06-28-20 12:39 PM

Style over substance was why I never liked Kiss

Hondo Gravel 06-28-20 02:16 PM

KISS fan mostly for the stage show and imagery. Not the best musically but some songs are catchy. Nostalgia for me and makes me feel young ;) Today I feel old :lol: until I get on my bike and get the blood flowing and the endorphins going.

no motor? 06-28-20 04:38 PM


Originally Posted by ahsposo (Post 21557581)
I'm just thankful I have a pot to pee in. Don't hate me just because it's solid gold and encrusted with precious jewels.

We've seen the one you poop in, you should even them out.

ahsposo 06-28-20 04:53 PM


Originally Posted by no motor? (Post 21558468)
We've seen the one you poop in, you should even them out.

I'll have to ask my Chief of Staff, see if I have somebody on that. I'll have somebody get back to you with a progress update.

Digger Goreman 06-28-20 06:00 PM

In my past, I went in and out of credit card debt (where I was doing good to pay the interest) twice. Didn't learn my lesson the first time. Also got into student loans....

Been a decade since I've had any outstanding debt and IT FEELS GREAT! If I can't pay for it up front, don't need it. Took a lot of discipline to get there, and I'm richer for it :)

indyfabz 06-29-20 04:10 AM

Never had any credit card debt. Paid off the mortgage early. Just paid off the car last month. Took nearly the entire 4 years because it was a no interest loan.

jack pot 06-29-20 08:26 AM


Originally Posted by indyfabz (Post 21559085)
Never had any credit card debt. Paid off the mortgage early. Just paid off the car last month. Took nearly the entire 4 years because it was a no interest loan.

>>> you are a lucky FEL{l}A . im mostly upside down & JONES acting thru life :)

indyfabz 06-29-20 08:32 AM


Originally Posted by jack pot (Post 21559406)
>>> you are a lucky FEL{l}A . im mostly upside down & JONES acting thru life :)

Luck has little (if anything) to do with it. Hard work, creating a niche for myself career-wise and living below my means. And I took two year off from the working world starting at age 34 with no government benefits like unemployment.

TakingMyTime 06-29-20 08:38 AM


Originally Posted by indyfabz (Post 21559420)
Luck has little (if anything) to do with it. Hard work, creating a niche for myself career-wise and living below my means.

Yep, it's really not as hard as everyone seems to imagine it to be. Make a few good decisions and you can live a good life. Maybe even retire early. I always like the saying "Life is hard, but it's harder if you're stupid".

indyfabz 06-29-20 08:48 AM


Originally Posted by TakingMyTime (Post 21559432)
Yep, it's really not as hard as everyone seems to imagine it to be. Make a few good decisions and you can live a good life. Maybe even retire early. I always like the saying "Life is hard, but it's harder if you're stupid".

The mistake i regret the most is being way too conservative with my retirement savings investment early on. Had I taken average risk, I might have been able to retire by now (age 55). The real issue is benefits. I have a darn good package through work, including medical with a $1,500 deductible and a $5,000 yearly out of pocket maximum. That's a tough nut to give up. Hoping this country gets universal care in the next five year because I highly doubt I will work beyond 60.

TakingMyTime 06-29-20 08:55 AM


Originally Posted by indyfabz (Post 21559447)
The mistake i regret the most is being way too conservative with my retirement savings investment early on. Had I taken average risk, I might have been able to retire by now (age 55).

I would have to agree with you on that. I did have a couple of hiccups in the past (35 years ago) where a business partner left me hanging for $13k in taxes and once when I was given a small chunk of a grandparents estate ($10k) which I blew through without thinking. But like you said, I wish I would have been a little more aggressive with certain investments, but I'm where I think I should be,

FiftySix 07-02-20 01:03 PM


Originally Posted by indyfabz (Post 21559447)
The mistake i regret the most is being way too conservative with my retirement savings investment early on. Had I taken average risk, I might have been able to retire by now (age 55). The real issue is benefits. I have a darn good package through work, including medical with a $1,500 deductible and a $5,000 yearly out of pocket maximum. That's a tough nut to give up. Hoping this country gets universal care in the next five year because I highly doubt I will work beyond 60.

Yep. Don't give up that insurance prematurely. Up to the summer of 2016, we (my family) had reasonable health insurance premiums and coverage.

Once we lost that when my wife got laid off, my company's premium for three people (me, wife, college kid) has been offered at over $2K per month for the last several years. The last quote given in November 2019 was a premium of $2590.00 per month for some Blue Cross/Blue Shield Plan. Which means I haven't had insurance through my company in that time.

Here's two smart phone screen shots I took last November when shopping for health insurance at the healthcare.gov marketplace yet again. When the premiums get affordable, the deductibles are through the roof.

https://cimg5.ibsrv.net/gimg/bikefor...5b8e692b11.jpg

https://cimg7.ibsrv.net/gimg/bikefor...ca1f704d94.jpg

Unca_Sam 07-02-20 01:20 PM


Originally Posted by indyfabz (Post 21559085)
Never had any credit card debt. Paid off the mortgage early. Just paid off the car last month. Took nearly the entire 4 years because it was a no interest loan.

Dirty secret about 0% dealer/manufacturer financing: The expected (reasonable) interest is simply added to the principal amount, to be amortized over the life of the loan. Dealers can reduce the purchase price more when cash or a nominal interest rate is used. To hit that right, you should go near the end of a sales reporting cycle or the floor plan payment date, when a dealer may take a small loss on an individual vehicle to make their numbers better for a larger bonus or smaller payment.

Hondo Gravel 07-02-20 03:26 PM

[QUOTE=FiftySix;21565768]Yep. Don't give up that insurance prematurely. Up to the summer of 2016, we (my family) had reasonable health insurance premiums and coverage.

Once we lost that when my wife got laid off, my company's premium for three people (me, wife, college kid) has been offered at over $2K per month for the last several years. The last quote given in November 2019 was a premium of $2590.00 per month for some Blue Cross/Blue Shield Plan. Which means I haven't had insurance through my company in that time.

Here's two smart phone screen shots I took last November when shopping for health insurance at the healthcare.gov marketplace yet again. When the premiums get affordable, the deductibles are through the roof.

https://cimg5.ibsrv.net/gimg/bikefor...5b8e692b11.jpg

https://cimg7.ibsrv.net/gimg/bikefor...ca1f704d94.jpg
:eek: yup thatís ridiculous and to me just all kinds of wrong. I just have to take care of myself as far as health insurance and what I have to fork out each month is criminal. I donít expect free anything but affordable. Last surgeon failed to fix my hand but Iím still screwed. Every follow up they wanted 50 bucks. I was like look what I already paid you plus what the insurance paid you. You want 50 bucks for 45 seconds to tell me to come back in two weeks to take 50 more bucks. And so on. I would have that carbon wheelset already you jackwagon. Then I had to sign a document saying I didnít have supplemental insurance I was like you buzzards want to bleed everything. The butcher at the local meat market could of done a better job! Just get me drunk and a piece of leather to bite on and start cutting. Like the old days.... ok rant just beginning :lol:

Hondo Gravel 07-02-20 03:32 PM

I got Blue Ripoff/ And screw you over Shield of Texas .... :bang: :troll:

FiftySix 07-02-20 03:45 PM


Originally Posted by Hondo Gravel (Post 21566013)

:eek: yup that’s ridiculous and to me just all kinds of wrong. I just have to take care of myself as far as health insurance and what I have to fork out each month is criminal. I don’t expect free anything but affordable. Last surgeon failed to fix my hand but I’m still screwed. Every follow up they wanted 50 bucks. I was like look what I already paid you plus what the insurance paid you. You want 50 bucks for 45 seconds to tell me to come back in two weeks to take 50 more bucks. And so on. I would have that carbon wheelset already you jackwagon. Then I had to sign a document saying I didn’t have supplemental insurance I was like you buzzards want to bleed everything. The butcher at the local meat market could of done a better job! Just get me drunk and a piece of leather to bite on and start cutting. Like the old days.... ok rant just beginning :lol:

We've had good doctors and bad doctors. The bad ones make me never want to go back to seek medical care. And the bad ones seem to smell money from insurance or a bank account and make their decisions based on that.

One story I can tell is that I remember the last couple years we had insurance and my wife was visiting her GP for a thyroid issue. She'd get blood work done, the doc would call my wife in to look over the results, and give a prescription. A month later, my wife would repeat the process and the doc would adjust the thyroid prescription. This went on month after month after month. Then we lost insurance and my wife sucked it up and didn't go back to the doctor. For whatever reason, my wife's thyroid issue vanished after a couple months. No more 'scrips, no more bloodwork, no more doctor, and *poof* she was cured.

When I get a price up front and pay cash the way we do now, we have a lot less trouble with doctors.

genec 07-02-20 04:21 PM


Originally Posted by indyfabz (Post 21559447)
The mistake i regret the most is being way too conservative with my retirement savings investment early on. Had I taken average risk, I might have been able to retire by now (age 55). The real issue is benefits. I have a darn good package through work, including medical with a $1,500 deductible and a $5,000 yearly out of pocket maximum. That's a tough nut to give up. Hoping this country gets universal care in the next five year because I highly doubt I will work beyond 60.

Make sure you have something to do when you retire. I was drifting along, sailing a bit, drinking beer a bit, making beer a bit, going camping a bit... bit o this bit o that... and someone from my past called and offered me "a little contract." Well damn, it was the sort of work I once enjoyed... and now I've fallen out of retirement, not drinking beer, not sailing, and not camping... and that little contract... has turned into full time work again. And the WIFE likes the check coming in... SIGH.


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