How can anyone afford this ?


I consider myself a dedicated audiophile. I am 36(which I am guessing is a little younger than the average here) and single. I have been interested in high-end audio since I saw my uncle's Mcintosh and Threshold equipment for the first time when I was 5.
Since joining the workforce and saving a little I have always been trying to put together a nice system on a budget. I do OK financially(I am a systems engineer) but I do live in NYC which may put some of this into perspective.
Over the last 6 months I have struggled to buy(all used on Agon) a pair of Dynaudio Audience 42s and a Threshold CAS2 amp, Chang CLS3200, and cables(I haven't gone out[I don't have a girfriend], purchased anything else and really haven't eaten too much to be able to afford these and it is still a real stretch). I am using the amp with a direct connection from my CD/DVD player(Cambridge Audo Azur 540D...slightly modified[op amps, PS caps, bypass caps] that I have had for almost 10 years). A fellow has a Threshold FET2 series II(to match with the CAS2) he is holding for me but that seems like a pipe dream at this point along with a turntable.
A few years ago the analogue bug hit me.
I had a setup consisting of an Audio Analogue Settanta integrated and a Nottingham Horizon SE turntable with a Rega RB300 tonearm with the Incognto rewire and structural mod. This was not an expensive kit by any stretch but for me it almost put me in the poor house. I had to sell the entire rig to pay my bills and it hurt.
It seems over the last 10 years or so I have not been able to keep a kit for more than 6 months before I had to sell it. Whenever I don't have a rig I am constantly scanning the online Ads lusting for the next bargain to set up a system and cannot even listen to music on a mass market rig(I have been spoiled).
Anyway, I guess my question is how can anyone normal afford this hobby? What type of money do you have to be making to be able to enjoy this hobby.....$100,000/year? $500,000/year? Do you need to be worth millions? $5,000 barely gets you in the door(some interconnects cost more) and you could possibly spend millions. I am not looking to put together a $10,000 system(not even close...and that is modest in this hobby) but if I wanted to I don't see it ever being financially possible. If I had a girlfriend or a family(hopefully someday) I would not event be able to think about this hobby with a good conscience. I guess I am wondering if all these people in this hobby are millionaires? I am close to selling my rig again to pay the bills(the amp needed repair/recap and that was $450). Any advice for an audiophile who lusts to put together a nice rig but can't afford it? Should I get out and save for 5 or 10 years and then try again? Maybe I am in the wrong hobby but it is more addicting that crack to me(and more expensive). Maybe I should be a crackhead instead...that might be the only thing to make me forget about it. Thoughts?
adamd1205
Paperw8 wrote:

"Of all the new financial wealth created by the American economy in that 21-year-period, fully 42% of it went to the top 1%. A whopping 94% went to the top 20%, which of course means that the bottom 80% received only 6% of all the new financial wealth generated in the United States during the '80s, '90s, and early 2000s (Wolff, 2007)."

Manitunc responded:

The problem in the world is that we just cannot sustain the standard of living that was enjoyed by our middle class that consisted mainly of our baby boomers.

Could both of these be true?

John
Does an owner of a 25K turntable has to feel guilty, because it was made for 3.5k and the rest of it is all mark up?

02-10-11: Manitunc
The problem in the world is that we just cannot sustain the standard of living that was enjoyed by our middle class that consisted mainly of our baby boomers. At that time, the world was our oyster, and it was easy to spread the wealth around. But now we have a world with an exploding "middle class" that would be considered poor by our standards, but much better off than they were 20 years ago. I believe that we will have to accept a different definition of what it is to be middle class, and that does not include a car for every driver, a flat screen for every room, and houses many times the size we need. When it is considered to be poor to be making less than 50k for a family of 4, something has gone off kilter.
i don't dispute the changing economic position of the u.s. versus the world, but the problem in this country is concentration of wealth. any economy is worse off when there is a concentration of wealth because it is more important to the welfare of an economy to have a strong middle class than it is to have a few wealthy people. you will find billionaires in many otherwise poor countries but the reason why the countries have so much poverty is that there is no middle class; all you have is a few extremely wealthy people and a lot of poor people. my previous criticism was directed at people who think all is well just because they can afford to spend $50,000 on a power amplifier.
02-10-11: Syntax
"Does an owner of a 25K turntable has to feel guilty, because it was made for 3.5k and the rest of it is all mark up?"

Definitely : YES IT'S ME !
(actually is a 26k euro TT)

But this kind of wisdom comes later.
Not when you are 26 years old & just "want the best".
(...and M. Gindi points the way...)
Ever notice when you hear "sink or swim!". it's always coming from the guy in the boat?