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Domestic Bass Dispute or Am I Too Much A Wuss?

Discussion in 'Miscellaneous [BG]' started by lildrgn, Feb 4, 2003.

  1. lildrgn


    Jul 11, 2000
    Seattle, WA
    I got a check in the mail the other day, $1200 or so, from a retirement fund with my old job.

    I've gone eBay crazy. I bought a TiVo, some George L's cables and a digital camera. Overall, there's about $600 left.

    I have a guy who wants to sell me a GL Jazz for $550 or so, shipped. I have a gal (my wife!) who wants me to put the $$ in savings.

    Here's my problem. The time old, "What do you need another bass for?" question. Especialy when I already have a J. I figure I can sell that one fairly easily for $5-600 or so.

    What do you think? Keep in mind, I have a 9 month old daughter, already have a Sterling, a P, and a J, am the sole source of income for the family and have recently taken a paycut. I saw the $1200 as free money, basically... What would a responsible TB'er do???

    ps: i'm leaning towards getting the J and selling the other J...

    pps: just help me feel better about my pre-buyer's remorse.

    ppps: I really am a wuss. :rolleyes:
  2. Mario Lewis

    Mario Lewis Supporting Member

    Jul 6, 2001
    Clinton, MD
    Put the money away.

    You'll feel better knowing that you made your wife feel better. You've already blown the other half on non essential stuff, save for a rainy day. Look at it this way, that's a liquid chunk o' change. If you bought the bass, and an emergency came up, how long would it take you to convert your stuff into cash. Keep in mind that in dire tiems, your stuff is worth a lot more to YOU that it is to the audience you're trying to sell it to, so you'll feel bad about letting it go for less than what you really think it's worth. More grief on top of the emergent situation.


    If the Mrs. NEVER KNEW about the spare cash in the first place, and you hadn't gone E-BAY STOOPID, then you could really have enjoyed yourself, but now you've got this open disclosure policy thang going, and it would behoove you to show some "general welfare" consideration.

    At the veryleast, take the family out to a nice dinner, or fork over the $$ for a baby sitter and take the Mrs. out, and bank the rest. You'll feel better, she'll make you feel better, and in 9 months, let us know what you're naming the next kid!!!

  3. lildrgn


    Jul 11, 2000
    Seattle, WA
    Well put...

    Yeah, I did go a bit crazy, didn't I?

    *whine mode on* It's just that he's giving me a great deal on a Geddy Jazz! *whine mode off*

    Reminds me of a guy I work with. He will spend all sorts of money just to save a few bucks. Weird. But I see where he's coming from. I want to spend this $540 to save $80 or so, but it Just Doesn't Make Sense...

    Does it matter that the digital camera is for the Mrs.?

    Sucks to be a wuss...
  4. Mario Lewis

    Mario Lewis Supporting Member

    Jul 6, 2001
    Clinton, MD
    No, because YOU bought it. Unless you all sat down and had a family meeting and agreed with no arm twisting that the Digi cam was a good idea, then it's something that YOU bought with no input that, even though it's going to be used by the Mrs, and everyone else, it's still the camera that YOU bought. Get my drift?

    I normally split the tax refund with the Mrs. every year 50-50. This year the split goes 90-10 in her favor. I'm gonna reap so many rewards for that!! PLUS, wit my 10%, I'm spending it on her and the kids. (Ruth's Chris Steak House. Takes some guts, but I've actually got everything I need and want. Sure, a benevente bass, or a new pre, maybe an Avalon U5, or a case of strings, the list goes on and on, but now, when I see it, I actually have some aces to use the excess cash to get it!! Save instant gratification for gratification WITH INTEREST!!!! There's always new stuff coming out.
  5. secretdonkey


    Oct 9, 2002
    Austin, TX
    Doood - what kinda sucks is that you think you're being a wuss. Sorry to be harsh, but since you ask what a responsible TBer would do... Your wife's request sounds pretty level-headed and reasonable, and she is your wife, your life partner, right? You should make money decisions together and give-and-take a bit.

    Don't think I don't know how you feel, though. I'm drooling for a second speaker cab to complete my rig, and I've got the money for it sitting in the bank, from my last quarter's bonus check. It's simply my wife's turn for something nice and I will be good and deny myself until she gets her treat - us going to visit her sister who's studying in Spain or a trip to South America, most likely.

    Keep your wife happy and treat her like an equal partner, even if you earn more - she's the only wife you've got. ;)
  6. lildrgn


    Jul 11, 2000
    Seattle, WA
    Man, Mario, you're bustin my b@lls! :D

    I appreciate your input, seriously. I'm having fun with it.

    For what it's worth:

    Re: the camera. She has wanted one and was going to buy one herself. We've done the research, read the brochures, etc. Do I want it too, sure I do. But, Scout's Honor, it's mainly for her and my daughter's use.

    Re: the TiVo. We've done the same with that. We have turned into Vidiots with the birth of our daughter and, even worse, have become hooked on Reality Shows! :rolleyes: Anyway, we did the research and found the Best Deal Available.

    Re: money in general. It's not like we're straddling the welfare line, though, money is and can be tight. We're managing. We're cutting corners on utilities, groceries, etc. *soapbox* I work hard dammit! *soapbox off* ;)

    Well, not sure what I'm going to do at this point... I do know that if I buy the bass, Mario will be the last one to know. :D
  7. rickbass

    rickbass Supporting Member

    You need another bass for the same reason the family doesn't eat meat loaf every night.
  8. lildrgn


    Jul 11, 2000
    Seattle, WA
    Finally! A voice of reason! :D Actually, my wife's a vegan so that's the real reason...

    And I am good to my wife. She wants it? She gets it. I never stand in her way. She just doesn't want as much as I do.

    Thanks for the fair and reasonable answers. You guys are great.

  9. Mario Lewis

    Mario Lewis Supporting Member

    Jul 6, 2001
    Clinton, MD
    the spirit of my post will haunt you down like a dawg if you buy that bass.

    i won't tell, but i also won't have to.

    Good night DEAR!!
  10. I'm somewhat disturbed that you spent any of the money at all, given its source.

    Now, before y'all jump on me, I'm more or less quoting what my father, a pension plan administrator for ADP Retirement Services and a Certified Employee Benefits Specialist (CEBS), has said in a number of lectures.

    Anyhow, the pension plan admin at your old company probably wanted you to put that money in your 401(k), so I would treat this as you actually pulling principal out of the account. One of the things that really frustrates my father is seeing employees take loans out of their 401(k) to buy stuff they really don't need--boats, jet skis, expensive vacations, and in your case, bass guitars.

    At a very reasonable 3.5% inflation-compensated rate of return, that $1200 could have been worth $4000 when you turned 65. This means that, in 2003 dollars, you've got (assuming your money is in a 5% annuity when you retire) $200/year less in annual income. Most of the old people I know would very much like to have an extra $200/year.

    I've always been taught to hold retirement fund money as something sacred. I really understand where your wife is coming from on this one.

    Keep the money and try to trade away your JD4 for a Geddy. Some people really like an active bass(such as myself) and may have bought a Geddy for sentimental reasons, so they'd be willing to trade.
  11. lildrgn


    Jul 11, 2000
    Seattle, WA
    Man, I really asked for it, didn't I?

    The $ was from when I worked as a camp counselor at the YMCA, on and off for 5 years. They sent me a note saying I could roll it over or something like that and gave me 30 days to respond. Of course, I forgot all about it and 30 days later, had a surprise check in my hands.

    I have spent about half of that check by now. I think I am finally seeing the light from you guys. (Sheesh, would've thought a bunch of bassists would say, "BUY THE GL JAZZ!" instead of, "Be a responsible father and husband, you dumbsh!t."*)

    Well, like I said, I appreciate all the comments and suggestions. I'll let you know what happens...

    * paraphrased by me :)
  12. Mario Lewis

    Mario Lewis Supporting Member

    Jul 6, 2001
    Clinton, MD

    You da Friggin' Man!!

    I didn't think of that?!?! He did say that it was from a retirement account!! There might be a taxable distribution penalty along with that!!!

    Dood, you'd better hold on to that cash, Uncle Sam might not have gotten his cut. 10% early withdrawal penalty, plus your regular income tax rate (assumed 28%) ......... plus 5 , carry the 8.......

    That's about $456 you might owe!!!
  13. lildrgn


    Jul 11, 2000
    Seattle, WA

    Actually, U.S. did take his cut. Don't remember what it was, but on the check stub, there was about $3-400 taken out already.

    You guys are freaking me out...

    I need to grow up!

  14. Exedore


    Nov 15, 2002
    Pasadena, Ca, USA
    Happy wife, Happy Life.:D
  15. Well, maybe if you posted this in Basses, you wouldn't have this problem. :D
  16. Munjibunga

    Munjibunga Total Hyper-Elite Member Gold Supporting Member

    May 6, 2000
    San Diego (when not at Groom Lake)
    Independent Contractor to Bass San Diego
    Dude. You have only three basses. That is a LONG way from "enough." What's the hold-up? Your next post better include pics of the G&L.
  17. PollyBass

    PollyBass ******

    Jun 25, 2001
    Shreveport, LA
    Only 3 basses? what a loser. The only thing that will not make you a loser, is getting that bass.

    So do yourself a favor, and redeem yourself. loser.;)
  18. lildrgn


    Jul 11, 2000
    Seattle, WA
    Note to self: must update profile... Sorry, the G&L is long gone. Too many switchy thingies. Couldn't dial in a good tone. But it was purty...

    :( ;) Workin' on it! But then, when you have a Sterling, why play anything else?
  19. PollyBass

    PollyBass ******

    Jun 25, 2001
    Shreveport, LA
    Don't get me started.:mad:
  20. Pacman

    Pacman Layin' Down Time Staff Member Gold Supporting Member

    Apr 1, 2000
    Omaha, Nebraska
    Endorsing Artist: Roscoe Guitars, DR Strings, Aguilar Amplification
    You've got a jazz.

    What would a responsible family guy do? Put the money away.