Maybe a mortgage can be a good thing under circumstances, but otherwise... Anything that is to guaranteed to lose value is not that great investment with a high interest rate. Cheers!
Excellent advice. I bought a second-hand Mavic Air which is perfectly good for what I need and it cost a tiny fraction of a new DJI drone. Obviously, I was very careful and selective to ensure I bought a drone that had been used carefully.
As for drones- I incorporated my drones into my welding business ( "Jobsite inspection and layout tools) then the cost of the drone becomes a business Tax deduction.
That is a good way to reduce cost of gear - but unfortunately not applicable if you don't have a company. That is something I've been considering lately but the income side of things doesn't justify the cost and effort needed yet. But that is a great way to reduce the cost indeed.
Thanks for advice! However is way cooler to let yourself free and to buy the latest gear but also to have money for the memories. The latest versions of a gear will bring the best and new quality which is always a good boost for money if you know how to use it. So For me, it's always about the best decision, and having the latest gear is always the best option! Good luck.
That would be the ultimate combination to have both! And unlimited time as well. As said I’ve bought that latest gear and ended up in a bit of debt and found it at some point so suffocating to have debt. so worked myself out of it and have decent gear to capture the memories with. As you said, if you know how to use it. I have nothing against the latest gear and experiences so if you habe the means, go bonkers! I had to learn the hard way. all the best and thank you for your comment! 🙏
It all depends on your use case and having the latest gear is often not the best option, especially if there isn't much of an upgrade between generations or there isn't an upgrade to the features you care about.
it can be what ever you want it to be :) I thought 1000 money units could represent dollars, euros, pounds, special drawing rights or which ever currency ypu may prefer and it’s pretty easy to calculate interest for such a nice even sumz jokes aside, I think $/€/£1000 is a realistic price for a drone to use as an example in this.
The struggle is real! From my point: I would like to buy tons of new stuff but I am constantly trying to tell me that my storytelling and writing does not depend on let’s say sensor size or 1.8 or 1.4 aperture on the lens. I kind of hate that fact 😂
I use my credit card but pay it in full...ill use it every month on rent and bills....ect.....no interest and with cash back i get close to 60-70$ free a month roughly
That's like the only way to use credit card "right"! Takes some discipline - which I didn't possess in the past. I have one for car rentals and such but not for daily business. That's interesting indeed, you can pay rent and bills with credit card? Here in Germany and in Finland where I'm originally from it is always booked directly from the account. Makes of course sense if you have cashback and some kind of a points/rewards system. Thank you for your participation! appreciate, all the best!
Let me know your best tips to avoid situations like this. I’d love to hear from you! 👇
This advice applies to every purchase in life. 👍🏼
Maybe a mortgage can be a good thing under circumstances, but otherwise... Anything that is to guaranteed to lose value is not that great investment with a high interest rate.
Cheers!
I was thinking the Same thing !!!😮
Excellent advice. I bought a second-hand Mavic Air which is perfectly good for what I need and it cost a tiny fraction of a new DJI drone. Obviously, I was very careful and selective to ensure I bought a drone that had been used carefully.
That’s a sensible and great decision. have nice skies and all the best!
As for drones- I incorporated my drones into my welding business ( "Jobsite inspection and layout tools) then the cost of the drone becomes a business Tax deduction.
That is a good way to reduce cost of gear - but unfortunately not applicable if you don't have a company. That is something I've been considering lately but the income side of things doesn't justify the cost and effort needed yet.
But that is a great way to reduce the cost indeed.
I just pay cash because I'm a baller! 😊
Thanks for advice! However is way cooler to let yourself free and to buy the latest gear but also to have money for the memories. The latest versions of a gear will bring the best and new quality which is always a good boost for money if you know how to use it. So For me, it's always about the best decision, and having the latest gear is always the best option! Good luck.
That would be the ultimate combination to have both! And unlimited time as well.
As said I’ve bought that latest gear and ended up in a bit of debt and found it at some point so suffocating to have debt. so worked myself out of it and have decent gear to capture the memories with.
As you said, if you know how to use it. I have nothing against the latest gear and experiences so if you habe the means, go bonkers! I had to learn the hard way.
all the best and thank you for your comment! 🙏
It all depends on your use case and having the latest gear is often not the best option, especially if there isn't much of an upgrade between generations or there isn't an upgrade to the features you care about.
Thank you for this
Anytime, thank you for leaving a comment!
Great video thanks for sharing, this video popped up on my recommended videos, watched liked and subbed ! Well done! 👏👌
Thank you! I really appreciate your feedback, welcome to the channel!
what the check is money unit? is this new currency?
it can be what ever you want it to be :) I thought 1000 money units could represent dollars, euros, pounds, special drawing rights or which ever currency ypu may prefer and it’s pretty easy to calculate interest for such a nice even sumz
jokes aside, I think $/€/£1000 is a realistic price for a drone to use as an example in this.
BUY REFURBISHED! Dji sells refurbished drones for 15%+ off the original price and they are rebuilt to the same standard as a brand new drone.
That is a great advice, didn’t honestly even cross my mind (although I’ve bought some other gear refurbished) Thank you!
This is only a Problem when you want every New Iteration of Drones there are !😮
The struggle is real!
From my point: I would like to buy tons of new stuff but I am constantly trying to tell me that my storytelling and writing does not depend on let’s say sensor size or 1.8 or 1.4 aperture on the lens. I kind of hate that fact 😂
I use my credit card but pay it in full...ill use it every month on rent and bills....ect.....no interest and with cash back i get close to 60-70$ free a month roughly
Essentially, save it up and use the rewards for that extravagant gift at the end of the Year free
That's like the only way to use credit card "right"! Takes some discipline - which I didn't possess in the past. I have one for car rentals and such but not for daily business.
That's interesting indeed, you can pay rent and bills with credit card? Here in Germany and in Finland where I'm originally from it is always booked directly from the account. Makes of course sense if you have cashback and some kind of a points/rewards system.
Thank you for your participation! appreciate, all the best!
If you buy stuff on your credit card but pay it off every month it is a good way to build up your credit score.
Buy used
Used with warranty is a great way to get gear.
Yes. I found great deals on ebay.