Okay, looks like I received negative feedback, this plan is on
hold until I receive my first paycheck. I have fished for almost 4
years, thus the interest to upgrade my setup..
Its okay, save money for other stuff, emergency or bank in, we
are shifting house soon, so maybe also can use for my own
furniture, like study table, or TV. Can lessen Dad’s financial
load.
Thanks for all the replies.
Lol. You can upgrade your rod. but are you able to upgrade your
fishing spot?
I believe that $400 rods are meant for catching bigger fish out
in open seas, from a boat, where you need stronger, lighter and
longer rods.
There is no point if you are only restricted to coastal waters,
fishing from piers and jetties where the fish are small.
Well, as for cash management, it's very good to save money, but
I think you might be too tough on yourself. spending only $1.50 and
eating biscuit everyday? That's not healthy nor sustainable.
There are 2 ways of saving money.
1) Sit there and scrimp on whatever meagre pocket money your
parents give you.
or
2) Go earn your own money. I believe it should be school holiday
for you now. Go find a holiday job. You should be able to make
close to $1000 in 1 month. And it would be more justified for you
to spend your hard-earned money.
and lastly, word of advice. Try not to buy any
big ticket items yet. While something might seem very "worthwhile"
(e.g. fishing rods) at the moment, you might regret spending the
money in the future, when you could have used it for something
better.
Maybe you would like to learn driving when you turn 18, go for a
backpacking holiday with friends when you graduate, getting a
girlfriend, buy a car/motorcycle etc Just some suggestions.
Take some time, and figure out where and what you would be 5
years down the road, and den evaluate whether its worth it to make
the purchase.
If you have good reasons, go ahead and buy it. No one will fault
you when you have strong valid reasons, and its your life, your
money anyway. Your parents care about you, and will only scold you
when they think that you are wasting your money on frivolous
"toys". If you have solid reasons, I'm sure they will support you,
since its your life, your money.
