do you keep up with every dollar spent on your toys/projects? I have in the past, but i quit
CK5
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Do you do it?
- Thread starter Big10
- Start date
wait..... nope... my rigs tend to be lifers, so i'm not looking at it from a resell standpoint... and my "caviar tastes on a tunafish budget" mentality make me spend stoopid money on parts, and ESPECIALLY materials.... not too smart when you're a po boy...
anyone who follows my builds will testify to my stubbornness about putting "what I want" in my rigs and not compromising whenever possible... bank account be damned!
nope... my rigs tend to be lifers, so i'm not looking at it from a resell standpoint... and my "caviar tastes on a tunafish budget" mentality make me spend stoopid money on parts, and ESPECIALLY materials.... not too smart when you're a po boy...
anyone who follows my builds will testify to my stubbornness about putting "what I want" in my rigs and not compromising whenever possible... bank account be damned!
i used to only because i was ocd about budgeting for stuff, but now that my son is old enough (we both have K5's) and we wrench together, i quit keeping up with it. whatever it takes for the time together is the way i look at it. and yes, my bank account doesnt seem to be set up the way some folks are.
Never did never will.
The only condition is never get anything on credit if I don't have the funds for it.
I just use my credit cards because I get cash back but I always have the funds to pay the bills or I hold off
Not only do I do it, I created a database backed web application to do it.
http://snyderworld.org/VST
You can demo it by logging into with demo/demo
I also have an excel template for "projects" , here's an excerpt:
http://www.snyderworld.org/k5/blazer_cost.html
http://snyderworld.org/VST
You can demo it by logging into with demo/demo
I also have an excel template for "projects" , here's an excerpt:
http://www.snyderworld.org/k5/blazer_cost.html
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I do, but not very formally. Mostly in small sub-sections or systems. I buy/sell and have a net number as a goal and try and meet that. I try and net zero on alot of things but in this diesel swap I'm at the point where I just gotta lay it down. Kinda like ryoken is doing. I'm getting what I want.
Nope. I have rough estimates, but I never keep an exact track. It can kill the hobby for some people.
I keep receipts for the sake of looking back if I forget what I ordered. Haven't ever totaled them.
It would be depressing to see how much I have spent. It is a
labor of love and will never be worth what I have spent to have
what I wanted it to be.
labor of love and will never be worth what I have spent to have
what I wanted it to be.
I suspect time spent on research and execution to be more depressing than dollars spent lol
I started to and stopped at 10K... I think I have about 20-23 into it....
execution.....
i have to chuckle when peeps on FB ask me about making Mutt's tubebed for them, literally bite my lip, and give some general excuse for no...
it's prolly 6, 7 g's currently in parts and material... I'll say 1000 hrs of labor, but I'd bet it's more like 1500..... let's be nice and say I work for $50 an hr.....
50 x 1000 = $50,000 + $7000 = how many small children DO you have to sell?
hmmmmm, I don't feel bad about parts now!
I did once,,, on my son's 72 blazer.
And it was worth it, even if it did make me cry when I added it up lol.
When he got hit by another driver, their insurance company said "ok, given it's age and rust we'll total it and give you $2000..." .I said NOPE, and got out the folder that had all receipts in it. Guy started going through it all and looking at dates... Then changed their offer to $9500 they take the truck or $6500 and we keep the truck .
Keeping track saved me there.
And it was worth it, even if it did make me cry when I added it up lol.
When he got hit by another driver, their insurance company said "ok, given it's age and rust we'll total it and give you $2000..." .I said NOPE, and got out the folder that had all receipts in it. Guy started going through it all and looking at dates... Then changed their offer to $9500 they take the truck or $6500 and we keep the truck .
Keeping track saved me there.
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This is the only reason to keep all records/receipts from a project.
Otherwise, it just causes headaches and tension in relationships.
One of the reasons I don't keep track.
I could keep track of everything and show that I get back from my projects more than I spend on them.
It's partly because I had been collecting a lot of trucks and parts and now I am selling more than buying but if my wife saw that she would only see what I buy and ignore what I get from sales and then complain.
Now I try to keep all of it in cash and PayPal and when she sees new things I tell her I traded for it.
In the end I kind of did.
But she never sees the numbers.
Yea I keep receipts. Never total em I'm sure it's more than they're worth
T
tenderfoot
Guest
Makes this site priceless.
chulisohombre
1/2 ton status
I did at first, but it’s just easier to budget for a piece at a time then move on. I’ll never get back what I put into it probably but I also never plan to sell it. I’ve had offers close to what I have into it but I love it too much to ever get rid of it.
execution.....
i have to chuckle when peeps on FB ask me about making Mutt's tubebed for them, literally bite my lip, and give some general excuse for no...
it's prolly 6, 7 g's currently in parts and material... I'll say 1000 hrs of labor, but I'd bet it's more like 1500..... let's be nice and say I work for $50 an hr.....
50 x 1000 = $50,000 + $7000 = how many small children DO you have to sell?
hmmmmm, I don't feel bad about parts now!
I built a $10,000 Crossmember once....
-G
