An earlier thread about spending and quality inspired me to share some thoughts I've had over the last few years as a frugal dude with some expensive hobbies.
I really enjoy several active/outdoor hobbies that can easily eat your budget alive if you let them: skiing, mountain biking, backpacking/camping, hockey, and lifting. Being active like this is important and fulfilling to me, so I couldn't just give up on it to save some $$.
That said, managing my finances is important to me for peace of mind and comfortable living, so I'm not into the big price tag spending that often comes along with some of these hobbies.
Here's a few ideas that can help you be frugal in the world of expensive hobbies:
- Use research and experience to figure out exactly what YOU need in your gear.
The biggest thing, in my opinion, is that this fights off the need to "keep up with the Joneses". If you've decided after lots of research and experimentation that a piece of gear (a tent, for example) is just perfect for your liking, then you won't be envious of someone else's gear. I've got a backpacking kit tuned to my needs, so I find I can appreciate other people's cool setups without envying them
Second, the time you put into research allows you to get better deals. I was able to get both of my new bikes on sale after taking some time to find them, rather than walking into a shop and impulse buying whatever looked cool.
Finally, the process is fun! I enjoy the process of reading and reflecting on my experiences, and It's a good way to get more enjoyment out of the time and money you spend on something.
- Keep and maintain your gear
Rather than going out and buying the latest and greatest, I prefer to get lots of life out of what I have. For one thing, this will save you a lot of money over time, as parts and tools are much cheaper than buying brand new stuff!
This is also another great way to avoid "keeping up with the Joneses". I find that I have a sense of pride in what I have because I take the time to take care of it. When I finally upgraded my bikes this year, I didn't feel bad about spending the money because I was looking forward to riding and taking care of them for several years.
- Buy used if it works for you
I started playing ice hockey this year after several years away from the sport (was an inliner in high school). I had nothing I needed except for a stick, which I ended up needing to replace anyway.
Fortunately, we have a great used hockey outlet in our area. I was able to get everything I needed at Play It Again Sports for under $300, plus a $40 wood stick from Dick's. The gear has been great for starting back, and cost a fraction of the $1000+ that stuff would have cost new.
There are lots of other ways to save some $$ while having fun. Curious as to your thoughts as well, /r/frugal!
September 11, 2017 at 01:40PM
