Hi
I am new to the Mr Money Mustache way of life and enjoying it, and I have started to follow the principles a lot more as I had already been doing some of the principles such as cycling to work etc before I discovered Mr Money Mustache.
I have not always been that good with my money, were I have maybe splashed out on things that I don't need, so I seem to have gathered a number of assets which I think maybe should be sold on the web so I can realise some cash which can be put into my savings.
The assets include the following
3 surfboards (2 surfboards of the same type and 1 of a different type a longboard) - Probably only need 1 really
Snowboard and all the associated gear - Probably don't need to pursue this interest as its expensive ($100 lift pass + petrol) and I could concentrate on surfing which is cheaper, I have been snowboarding 2 times in the past 2 years! But neverless I enjoy snowboarding once in a while
A mountain bike - Could downsize to a cheaper bike for commuting,
Lots of various pieces of gym equipment (e.g. Medicine ball, sandbag, dumbells, kettle bell) - These do get used on a regular basis, but I sometimes think I could just do running and maybe just keep a kettle bell for working out.
So my struggle is trying to figure out whether I should keep or sell some stuff so I only have the items that I use regularly, maybe I have too many interests and only need one or two to keep me happy, and whether I should concentrate on one sport which is not too expensive, snowboarding is lot more expensive than mountain biking, surfing and hiking another interest of mine. I don't own my house and I am currently flatting but there may come a time when I decide to put items into storage which will cost money, as I am travelling around Indonesia later this year for two months.
I guess their is three future optional pains coming up,
- first selling some of my assets at much lower than what I paid as they were brand new when I bought them
- the second being having to put them into storage which will cost money over time
- the third having sold some of my stuff then to realise I miss those interests or feel I need them back later in life
This may be a personal problem which I may have to figure out and which I started to some what answer in my post. I don't expect people to be a sporty person like myself, but I just thought I throw this dilemma out their for an independent view or some tips of what further questions I should be asking myself around these assets, as I sure there is a underlying Mustacian principle I have not discovered yet, I have read a number of articles so far.
Cheers