Re: Kentucky Vs LOAR
Lemme add a bit to Max's rubric above: if you ever reach the point where you are making money playing mandolin -- or any instrument -- all of that money, every penny, can and should be used to purchase more musical instruments, and related equipment. Doesn't matter if you're behind on the rent, the kids don't have shoes this year, and you owe the IRS a bundle.
I stuck to this rule religiously, running my MIF up into the high five figures for awhile; I bought vintage instruments, indulged my dreams of owning rarities by the Larsons et. al., filled my basement with instrument cases -- mandolins, banjos, guitars, concertinas, ukes, Autoharps, you name it. I bought sound equipment of various types, underwrote my participation in regional festivals, and always rationalized that I had a "hobby-slash-second job" that not only paid for itself, but generated a decent surplus.
Reality has nudged me in retirement -- e.g., 50% of the cost of my latest car came out of my "music money," and there are unanticipated expenses (do you have any idea what dental implants cost?) that I funded the same way. But I stick to the basic principle, and the $65 I'll make playing for seniors tomorrow goes right into my MIF. Hell, the house and cars are paid off, the kids both make more money than I ever did, and I'm basically current with the IRS. So, what new stuff's Bernunzio got in this month?
Allen Hopkins
Gibsn: '54 F5 3pt F2 A-N Custm K1 m'cello
Natl Triolian Dobro mando
Victoria b-back Merrill alumnm b-back
H-O mandolinetto
Stradolin Vega banjolin
Sobell'dola Washburn b-back'dola
Eastmn: 615'dola 805 m'cello
Flatiron 3K OM
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