Collecting: Waiting or Buying

[Desh]

one thing I had to learn, kids cost too much these days. so no more goodies for daddy.

Oh man tell me about it!  I gave up my expensive automotive hobbies when we had our first.  Now we have a third on the way and I fear my videogame "nest egg" will soon be no longer.

[TR0N]

I never went into debt when it comes to video games.Still i think i came close a very long time ago when it came to retro games,but i wise up and stop.Rarely these days i'll buy a game that cost a $100.00+ but only when i have the money.Yeah it's easy to be paranoid for older video games,thinking if you missed out then it's that but it isn't all ways the case.

[TheClash603]

I think the key is to know what you want to spend, double check you can actually spend that, then be sure you actually want what you are spending on.

Also, it is occassionally okay to indulge on an item and use your credit, but be sure to pay it off before going to the next purchase.  For example, I bought a TV in 2007 when flat screens were still $2,000 and I didn't have $2,000.  However, I made sure I paid off that TV over the next 12 months before making another purchase.  There is a financing cost associated (thankfully only a few percent for that purchase), but you can weigh cost-benefit ratio of instant gratification + interest versus waiting and paying no interest but not having an item for 12 months.

What gets dangerous is if you get that $2,000 TV or $300 game...  but then you buy another big ticket item before paying off the first.  Then maybe you buy two or three more items.  You can find yourself in a hole you cannot possibly climb out of really quickly this way.

[LINK398]

Perhaps I should have been more clear when I said debt I meant that I bought a copy pf Panzer Dragoon Saga because for one I wanted it and I figured a game like that will just continue to go up in price. Thats all the "debt" if that could even be considered that

[Flare65]

I restrict myself to only a few consoles and handhelds to keep my spending under control.  Mostly the consoles I had when i was a kid.....NES,SNES,Genesis and TG-16.  What I would call the 'newest' system that I collect for is the PSP and that system is 10 years old.  I'm also skipping out on the PS4,Xbox One, just like I passed on the PS3 and Xbox 360.  The Steam download keeps me loaded with quality titles to play if I want to play something new.

I've looked at forum section at Racketboy where everyone posts their collection and it appears that there are a lot of collectors out there who collect for virtually everything under the sun as long as it is video game related.

[Flare65]

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[jtucci31]

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I agree entirely.....

[HailingTheThings]

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I agree entirely.....

That's how I feel when I wake up most days, after breakfast, I'm pretty much ..