Scrapping & Saving

Originally Posted by ParkerFlyer4

Good thread for everyone to read, Thanks guys.



My situation is different,. I work a full time job that gives great benefits for my family. And provides me with a great retirement plan. My scrapping was just a hobby(and still is). I started out only taking free things, and bought scrapping tools and more scrap with my profits. Its A different way of saving. Baby steps at first. I now have a full size truck, trailer, all the tools I need and a steady income of scrap to keep me busy. All purchased with money made from my hobby.
Now, I hope to expand further to a point where I wont need my full time job. Right now, I'm dancing the line between getting too much scrap to process in my free time/ to not having enough scrap income to support my family. After my wife finishes school, I hope to take on more scrap, and (If successful enough) hopefully be able to quit my job and do it full time.
My retirement plan in the end, is to have a business that will make money for itself with out me being there. And collect my retirement from my current job.

Now that sounds like a master plan, letting your money working for you.