She ain't saying it, but I know she's thinking it...

MAXXIE

Chief Petty Officer
Joined
Feb 26, 2009
Messages
556
Got down sized yesterday, lost job. Wife is working, Thank God, so it's not total panic mode around here, Yet. I just know she's thinking "sell the boat":eek:, she didn't say anything yet, but I know she's thinking it.:facepalm: Now, I have an older Bayliner, but it runs like a raped ape, I love it & always get complements at the ramp on how good it looks for an older boat. It's not worth all that much, but It ain't going anywhere. Just had to vent a little, thanks for reading.:D
 

scipper77

Commander
Joined
Sep 30, 2008
Messages
2,106
Re: She ain't saying it, but I know she's thinking it...

Sit down and make a budget (if you haven't already done so). It's all about cash FLOW. If you are loosing money every month then selling assets is a bandaid and not a solution. The only true fixes are to make more money or spend less. Surrendering all of your assets will just leave you with nothing unless those assets come associated with expenses (vacation property etc...).

Just my $0.02
 

Chris-R

Petty Officer 2nd Class
Joined
Aug 31, 2010
Messages
183
Re: She ain't saying it, but I know she's thinking it...

Sit down and make a budget (if you haven't already done so). It's all about cash FLOW. If you are loosing money every month then selling assets is a bandaid and not a solution. The only true fixes are to make more money or spend less. Surrendering all of your assets will just leave you with nothing unless those assets come associated with expenses (vacation property etc...).

Just my $0.02

He's right.
 

Yacht Dr.

Vice Admiral
Joined
Feb 26, 2005
Messages
5,581
Re: She ain't saying it, but I know she's thinking it...

First off is Talk to your wife about the situation ( sorry about your job loss but you can recover )

Thinking that your wife "thinks of selling your assets" is to me a lack of communication. My wife and I have full disclosure on Everything. We Hide nothing from each other ( including thoughts or perspectives ).

I dont know how old you are...or how long you have been wedded..but talking about things like this is between You and your Wife ! ...

I agree with Not selling assets to fix a monetary problem..If you cant replace it for less cost.. ( IE. I have a 78 Bronco thats been sitting in the drive for 2 years..completely paid for..I will NOT sell this for Anything less then what its worth ).

I would get rid of Cable and mobile texting ( or anything that cost you $ ) before I sell my assets.

YD.
 

Silverskeeter

Seaman
Joined
Oct 7, 2010
Messages
60
Re: She ain't saying it, but I know she's thinking it...

I'm in the same situation. My wife just lost her job and I am the only one working.I have the boat and she has asked me to sell it numerous times. I paid for it out of my own pocket and I got a steal on the thing.I just can't part with it and I think she finally gave in to the fact. I'm not at risk of losing her or I would sell believe me.I told her that we would have nothing to look forward to in the summer(camping ,boating) etc.Detail her car,clean the house,make dinner,laundry, it's the little things that will keep a woman happy.She will forget about the boat after a while. : )
Just my .02
 

StevNimrod

Petty Officer 1st Class
Joined
Dec 13, 2008
Messages
343
Re: She ain't saying it, but I know she's thinking it...

When momma ain't happy...

Ain't that the truth! Make her life easy and she'll return the favor. Picking up some of her household duties may help.

+1 on the cash flow bit. Many people when the housing market started to go south chewed through their entire savings and retirement trying to keep their houses. Now, in addition to not having a house, they also don't have savings or retirement. Not good.

Catch her in a good mood, sit her down, put pen to pad and see what the numbers say. Sometimes it's better to beat them to the punch.
 

bassman284

Commander
Joined
Jun 24, 2006
Messages
2,840
Re: She ain't saying it, but I know she's thinking it...

If it comes down to food on the table or owning a boat you can't afford to drive and maintain.... Sell.

Just food for thought, if your wife is working while you aren't and comes home after work everyday and see's your toy sitting there... Not a good situation regardless of her being right or wrong about getting rid of it. Resentment and what goes with it will make the current problems look minor.

When momma ain't happy...

Prolly worse if she comes home and the toy isn't sitting there, i.e out on the pond, playing.
 

Fireman431

Rear Admiral
Joined
Sep 17, 2007
Messages
4,292
Re: She ain't saying it, but I know she's thinking it...

+1 to what everyone has stated, but there is a little more to add. If the boat is costing you money (insurance, storage fees, maintenance, etc) then you may have to leave it sit for a while and not use it...after all gas, oil, maintenance isn't free. Selling it would just be a momentary fix.
 

jkust

Rear Admiral
Joined
Aug 2, 2008
Messages
4,942
Re: She ain't saying it, but I know she's thinking it...

What kind of work did you do?
 

JRJ

Commander
Joined
Sep 11, 2001
Messages
2,992
Re: She ain't saying it, but I know she's thinking it...

On the up-side, you'll have more time to use the boat. Hang in there, and good luck.
 

SparkieBoat

Captain
Joined
Aug 17, 2009
Messages
3,643
Re: She ain't saying it, but I know she's thinking it...

quit going out to eat.no new clothes..buy store brand groceries.eat rice and beans..sell the 42" flat screen...get rid of cell phones..cable, internet, stop every hobbie except the boat, catch some fish for food
 

arks

Lieutenant Commander
Joined
Nov 7, 2002
Messages
1,962
Re: She ain't saying it, but I know she's thinking it...

Assuming you don't have a boat loan or wet slip, it might make sense to let it sit for awhile if you can store it for free somewhere. Talk to the wife!
Drain the gas, drop the insurance and cover it securely. It won't cost you anything to not use it. I know it's not the perfect solution, but might help motivate YOU to land another job instead of going boating- and your wife should be OK with that!
 

NoKlu

Senior Chief Petty Officer
Joined
Feb 23, 2008
Messages
786
Re: She ain't saying it, but I know she's thinking it...

So you lost your job yesterday and she's already wanting you to sell the boat or is it you're own brain bugging you? Maybe she's thinking you've been laying around the house waaay too long as well. Sounds like you need to talk to your wife just to settle your own mind. I agree, selling assets is a knee jerk reaction and only prolongs the inevitable.
 

metalwizard

Chief Petty Officer
Joined
Sep 13, 2010
Messages
411
Re: She ain't saying it, but I know she's thinking it...

Sell it to me for $100. I'll hang on to it for you. keep it maintenanced and take it out every once in a while to keep it in good shape.
When you find a new job I'll sell it back to you for the same price..


Sorry to hear about your job. good luck in finding something new.
 

JB

Honorary Moderator Emeritus
Joined
Mar 25, 2001
Messages
45,907
Re: She ain't saying it, but I know she's thinking it...

Thinking you "know" what someone else is thinking. . .and acting on your imagination. . .is guaranteed to get you in trouble.

Why? Because what I am thinking is the most personal and private thing about me or anyone else. They may choose to share those thoughts but you are not allowed to invent them from your own imagination. That is the ultimate invasion of privacy.
 

nlain

Commander
Joined
Nov 17, 2005
Messages
2,445
Re: She ain't saying it, but I know she's thinking it...

My wife lost her job in December of 2009, just before Christmas, company went out of business, they did give her 3 weeks pay, we went on and enjoyed Christmas. In February 2010 my days and hours got cut, cost me over $600 a month. I sat down and figured up what what coming in and what was going out, not enough coming in, Wife got unemployment, no where near enough. I have some money put back, so I paid off the boat and some other things to get the monthly bills down. We got thru 11 months of her being unemployed, she now has a job, making about half what she used to make, but we will get through and continue on with life. Keep your wits about you, see where you are financially and go from there. If the boat is paid for and not costing anything unless you use it then it can sit without costing you much. If insurance is paid then that will not be due for awhile. Get yourself to the unemployment office, get your money, get on the computer and start applying for jobs, most places now do not want to see you come in to apply, they want you to do some kind of online application. Work on your resume, make it pop to a prospective employer, you may have to write several so you will have one that will appeal to different prospective employers since you may have to leave your current field of employment, sometimes even within that field when you look at the requirements you may need a little different resume. Also see if you can get a letter of recommendation from the last employer as it may be of help when applying for a new job. Good Luck and hope you have a job soon.
 

tswiczko

Master Chief Petty Officer
Joined
Feb 15, 2009
Messages
838
Re: She ain't saying it, but I know she's thinking it...

Thinking you "know" what someone else is thinking. . .and acting on your imagination. . .is guaranteed to get you in trouble.

I think that hits the nail right on the head. Everyone has the right Idea of sitting down and figuring out what you have coming in and what is going out.

And if you don't have a payment on it and you have an inexpensive place to store it then keep it, Because if you really like it you may not be able to find something to fill that void when you get back on your feet.

I have been in the similar situation you are in(and probably a little deeper :()

I wasn't able to get the boat out at all in 2010 but the storage on it is only $240 a year so I can afford to let it sit for now since it is paid for. I know I will have a lot of maintenance to do before it goes back in but I will cross that bridge when I get there. For right now it's hard enough to keep one vehicle running and insured.

Good luck and have a talk with her about what she is thinking before you get yourself into real trouble. Not trying to offend any of our female iboaters but in my experience I try not to second guess my wife or what she's thinking because I am not that complex and could never comprehend the mind of a woman.
 

kenmyfam

Supreme Mariner
Joined
Aug 10, 2006
Messages
14,398
Re: She ain't saying it, but I know she's thinking it...

First things first. Both of you sit down and do the income over expenditure or the expenditure over income thing. You can't make any decisions till you know that.
Then BOTH of you have to discuss and agree on what if necessary can be cut cut out with the least amount of impact.
Mrs Ken and I do that every year even though fortunately we have always had some spare income after everything is paid so far. It does however help to keep more income for "frills, extras and savings" when necessary.
 

jonesg

Admiral
Joined
Feb 22, 2008
Messages
7,198
Re: She ain't saying it, but I know she's thinking it...

When a marriage is on the rocks, the rocks are in the bed, not in the driveway.
 

j_martin

Admiral
Joined
Sep 22, 2006
Messages
7,474
Re: She ain't saying it, but I know she's thinking it...

I have the opposite problem. At 63 and in and working for a volatile business (custom fab) I could get "downsized" in a heartbeat, and with no where to go from here at my age.

1. Wife encouraged me to purchase and store enough gasoline for a season of boating.
2. We spotted a 2 swivel seat, 10 horse micro bass boat on Craigs list for 300 bucks. We bought it so we can still enjoy fishing if it gets too tight to run the 150 hp boat.
3. Conversion (camping) van maintenance gets top priority.
4. Crash recovery plan is to dump the farm, or lease it, and put the cash into rolling stock. We can live in something like that for less than a home, and travel to both hot fishing spots, and job opportunities.


So my biggest cash flow problem (besides taxes) is keeping my wife out of Cabelas and Gander Mountain. We may be poor, but we enjoy life anyway.
 
Top