I want to preface this post by saying this is not a financial flex on anyone, but more so an eye-opener for myself and wanting to share it with others.
I just finished posting a listing for a BBR Ferrari 488 GTE, and was curious to know just how much I've dumped into this hobby. I did a very crude calculation since I wasn't smart enough to track my spendings 10 years ago. Including taxes, shipping and the brutal conversion rates, I'd have spent around $16,479 CAD on model cars, 1/18 and 1/43, spread over about 70 models ever purchased. Yikes.
If you asked me if I was willing to reserve that amount of money on models, I'd easily refuse it, even if we were to spread it evenly over the 5 years I've been participating in this hobby. It's another one of those examples where you overlook those infrequent transactions that eventually add up over time. The 2020/2021 me would've definitely put that towards financial goals or a more meaningful hobby (to me).
If we factor in the amount I made back from selling off the stuff, the number isn't as bad. But I do want to make it a goal this year to bring that number as close to zero as much as I can, and to just clear up space in general.
So I'm thinking I will be letting go of this one and others:
Feel free to shoot me a PM if interested.