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40-0Flight

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Everything posted by 40-0Flight

  1. 40-0Flight
    I call this the Hobby pyramid. You need 3 things to enjoy a hobby. Time, Money, and Space. I have had 2 (or less) of these 3 legs my entire life, so I understand. I'm starting this journey now instead of 10 years ago like I wanted, because enough things have finally come together in life that I will get to claim all 3 legs. I'm excited. But I still have to wait 19 months.. so in the mean time I plan. I have literally done the entire Kings PPL ground training twice, could probably pass the ground FAA written on a moments notice. Have built 2 flight simulators, and have 400+ hours on these FTDs...... I feel that is as far as I can go at this point. Never wanted to wait a Decade to start.. but hey, my son is starting his flight carrier later this year, so now I get to enjoy the journey with him... So that is a hidden blessing. Now I have to go find these photos. lol
  2. 40-0Flight
    I just assumed it was the standard fear of the "Boss" most here have displayed.
  3. 40-0Flight
    Thank you @Marauder You touched on the core point to my original post. Purchasing a plane is a large financial commitment. 100% agree, IF you have the finances to just throw money at it until it goes away, or just fly now and the money will sort itself out. Then YES, that is exactly how I would encourage anyone to approach it. BUT: Few have that luxury... even if they do, over buy on the plane and I'm pretty sure there is a plane out there capable of drying up Anyone's disposable income! Be it a piece of land, a new house, or a new wife. You don't get into a large commitment if you don't have SOME idea what you're getting into. My goal is to just build a tool for those people to see the picture a little clearer as it pertains to their situation. It is too easy for an outsider like myself, who hasn't been flying and adjusting to the costs for 35+ years to just look at a $65k M20C and go.. Yeah.. i can make that payment... My Doctor buddy said fuel is "cheap" for these... I got this! After the enjoyable experience of reading through many of these mostly humorous posts.. I would say NO, this tool is not for the current owner, the married, or the faint of heart. But for the New potential owner, wanting to join the General Aviation community... Maybe it will help.. Maybe it will allow more people to join GA successfully with finances remaining to enjoy it. Be it a 1965 Cessna 152, or a 1986 M20K full of glass. I appreciate everyone's input for sure!
  4. 40-0Flight
    Thanks good post... exactly the type of content I'm looking for... I'm not so worried about the numbers, I'm just trying to lock down the categories. A thousand things can affect the numbers an individual might assign to each of these. Good note on Magnetos I missed that one. Are those overhauled on an hourly basis, or just swap them out when something goes wrong or looks bad at annual?
  5. 40-0Flight
    Oh man you are in trouble now. You just let it slip there is digital proof out there of your 28 years! Now you're gonna have to burn down the entire internet to stop her from finding it! LOL
  6. 40-0Flight
    Exactly! Hence the goal of my little project
  7. 40-0Flight
    If it has "Turbine Inlet Temperature", tires, or wires it is bound to give you trouble..
  8. 40-0Flight
    I just learned what 1 AMU was. Thank you!
  9. 40-0Flight
    LOL, this thread is too funny. I have never met a group of so many willfully "Bliss" individuals. I entirely agree, Cost is not the main point of this hobby/passion. I agree, if you love something go for it. But I also accept there are a very few but unavoidable truths in life.. You will pay taxes, you will die, money will not buy you happiness, but the lack thereof is an easy path to misery. In the world of General Aviation, price to play is SOOO massively varing, it is hard to figure out ones entry point. A person could get a $35k 152 shared with a friend up to $189,000 for a late 90s 305 rocket with a dash full of glass. And that is just talking the "Cheap" end of single engine piston. So not as an attempt to discourage oneself with numbers, or fear of reality of true cost and the wrath of the wife. It definitely feel it is an important idea to have a solid grasp financially for what you’re signing up for when you get into a plane. (as a single man buyers remorse is the only wrath that threatens me) So the goal here is to simply build a tool that allows a person to throw a few numbers at a wall and see what works. After all, what fun is a hobby you can’t enjoy because you over spent, and now can’t afford to stay in?
  10. 40-0Flight
    My intention was to build a tool be used. It seems in the wrong hands I've created a weapon to be feared.
  11. 40-0Flight
    Thanks for the info.. Yes, my numbers currently in place are complete rubbish. The person using the spreadsheet can put in what ever they prefer.
  12. 40-0Flight
    On the contrary... My Son starts in August at UND Aviation Science to become an Airline pilot. I'm trying to figure out where his college fund is going to come from! lol
  13. 40-0Flight
    Not an option, My ex wife already took that amount.
  14. 40-0Flight
    Hello everyone. My name is Darby and I have a problem. Oh wait that isn't how intros work in this group? I'm a long time lurker of the mooneyspace.com forum and have recently been going through some major life changes that makes me want to give a little back to the community and push down the path of my own General Aviation adventure. My user name is "40-0 Flight" because that best sums it all up. I just turned 40 this month, have zero flight time, zero money, zero youth left, and only months from zero kids in the house... (Okay not really completely out of youth but man as I crest this hill the back side is looking steep! ) So now the real fun begins! While my current aspirations, and intentions are grand, my first little project is simple. I have built a mildly complex spread sheet with one purpose in mind. To give a real, true, and honest answer to the age old question. How much $$$ will this lovely addiction cost? The technical side of it is completely in my grasp..... The math I can even manage pretty good. What I'm missing is experience. I have casually researched and written things down for years, but want some real world experience to help flush out this little project with a strong dose of reality. Below I have included a live link and a screen shot of the spread sheet. I have 3 questions. 1. What are some other types of expenses you can think of that would fall into one of the 5 defined categories? ( 1 Time Cost, Maintenance Reserve, Annual Costs, Monthly costs, Hrly Costs) 2. What number does YOUR experience suggest you put to any of these items? (To protect the innocent or married, this question is OPTIONAL) 3. Did filling out the sheet with Your numbers give results You expected? I understand many of these numbers vary and there is no perfect answer to most these costs... BUT my goal for this tool is to make it easier for current or potential owner to play with those numbers based on THEIR belief, and see what that calculates out to in the end. I appreciate anyone and everyone's feedback, and look forward to sharing my future plans as well as making this tool open to the public. P.S. I picked MooneySpace.com for this, because this has always seemed to be my favorite location for info.. and my plane of choice would be a M20K 252. Link to Google Docs Spreadsheet
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