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<p>[QUOTE=&quot;Seattlite86, post: 2754842, member: 59737&quot;]So I&#039;m 10 years older and have a steady source of income and I only allow myself $50/month for coin collecting.&nbsp; It&#039;s very difficult to hold off on buying everything I see.&nbsp; Some tips:</p><p>1.&nbsp; If you don&#039;t have money, don&#039;t go shopping.</p><p>2.&nbsp; Figure out how much you&#039;re willing to spend on whatever coin you need.&nbsp; Don&#039;t spend more than that.</p><p>3.&nbsp; Save up and buy one good coin every 3-6 months instead of a bunch of okay coins every month.</p><p>4.&nbsp; Think of inventive ways to save more money.&nbsp; Do you buy Starbucks everyday?&nbsp; Perhaps eat out often?&nbsp; Get a smaller drink (or skip it) and then take that dollar you saved and put it towards coins.&nbsp; Eat at home and you&#039;ll not only have the opportunity to eat healthier, but cheaper.</p><p>5.&nbsp; Don&#039;t go over budget.&nbsp; But if you do, that means you shouldn&#039;t even come near a coin purchase until you&#039;re back in the black.</p><p>6.&nbsp; Spend some time on the collection you already have.&nbsp; I bet you have some coins that are ungraded, unphotographed, uncataloged, unappreciated.&nbsp; When you get the coin itch, focus on those coins.</p><p>7.&nbsp; Trade or sell coins you don&#039;t want/need.</p><p>8.&nbsp; Spend some time researching a topic of numismatic interest and share it with the group.</p><p>9.&nbsp; Live vicariously through CT Members who have higher budgets/access to coins than you do.</p><p>10.&nbsp; Focus your collecting interests to fit within your budget.&nbsp; If you have a $50/month budget, you shouldn&#039;t be collecting $20 Gold Coins.</p><p>11.&nbsp; Review your budget (and have an actual budget, my wife and I use excel) and see where you&#039;re spending most of your money and see if you can be spending it elsewhere.</p><p>12.&nbsp; Purchase direct and bargain with dealers/sellers.&nbsp; Don&#039;t be afraid to walk away.</p><p><br /></p><p>That&#039;s all I have off the top of my head.[/QUOTE]</p><p><br /></p>

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