I am a machinist and have thought more and more of starting my own machine shop so that I will not be kicked to the curb when I get in my 50's. But I dont want to take out a $60,000 loan to buy equipment/insurance/shop rent etc.
It is one thing to be poor and owe piles of money to everyone, kinda like the debt crisis of many many people. And it is another thing to make a small amount of money and owe very little, and own very little also.
Do you work a lot of hours? Or are you part time?
Dont think about retirement, if you like what you do then keep doing it cause sitting at home on the couch watching TV just cause you turned 65 is BS.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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