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THE DISCOUNT options
1) Live on EBAY or make alot of autosearches on EBAY.
2) Get RSS feeds to all Amazon watchlists.
3) Train your patience and only buy outdated themes... being alert around toyshops generally pays off!
4) Become good friends with someone working on a LEGO factory... or any toyshop!
5) Get your salery from a Norwegian company - for doing a work that involves a lot of travels to the US!
THE FREE option
6) Add only LEGO sets on your christmas and birthday wishlist.
7) Enter any LEGO competition you'll find in the name of all your kids (evt. also pets) and hope to win. Chances should be greater than in LOTTO!
8) Get hired at TLC and wait for Christmas!
THE SECOND HAND options
9) Buy a book with overview of the local fleemarkets... and a toothbrush and some soap.
10) Be friendly to the ladies in any secondhandshop in your area - get them to reserve any LEGO they are getting in... (toothbrush and soap)
11) Be nice to all your parents friends around the time their kids move away from home... but before they get grandkids. (toothbrush and soap)
THE HABBIT options (the boring ones)
12) Don't get hooked on the licenced themes.
13) Get rit of your inner completist-collector!
14) Tell your wife about every single purchase you make! That'll often slow you down!
THE BUSINESS option
15) Buy sets, sell the minifigures and/or other parts on ebay... mainly works with licenced themes!
16) ...or go big start your own brick shop at Bricklink or ebay! Works good combined with point 3.
17) Buy multibles sets - store them for a long time - hope they increase value.
18) Hunt down exclusive sets from brandstore/events/newspapers... and get some profit!
19) Start yet another LEGO blog - hope for revenue from commercials etc. (good luck on that one, there's a reason this one is last)
.... did I miss any?
Additionally, here's a strategy I've used for many years, and I guess it falls under the "habit options" (though it's not an option to everyone). If you live with other FOLs, divide up the purchases among yourselves so collectively you get all the sets you want, but individually you only get a fraction of the sets. For many years I would divide up all BIONICLE sets between myself and my two siblings, and we've recently done something similar with Hero Factory (since the sets have gone back to being divisible by three). Overall, if you can come to a consensus about who gets what sets, then not only do you spend less, but you ensure that you only get the sets you want most. Then again, there can be conflicts when dividing things up, and of course this wouldn't work as well for married couples as for siblings since you'd likely be working from shared finances and presumably would share all your sets anyway if you're both AFOLs.
And in the "free" option, let's not forget some of the opportunities within the AFOL community like online building contests! You do mention "LEGO competitions" but it sounds like you're talking specifically about raffle-type competitions rather than talent-related ones.
Not sure if this is a "discount" or "habit" option: when you have an opportunity to get LEGO at a significant discount (~30-50% off, for instance), get as many of your LEGO purchases for the year done at that time as possible, and then hold off building them until your LEGO craving really requires you to build a new set. I tend to save as much of my LEGO spending as possible for Brickfair, during which the LEGO stores in Virginia offer discounts staggered by total cost of registered attendees' purchases. That way I ensure I will be spending enough to get the highest discount (30% off). It's ideal if you know the discount will be happening in advance, so you can always put off "impulse purchases" knowing that there will be a better opportunity in the future!
And one discount option you neglected to mention: VIP points! Save up your VIP points whenever possible. If you have someone in your family who you can share a VIP card with, do so! My dad makes almost all of my family's LEGO S@H and LEGO store purchases, and the VIP points do add up!
I also run a LEGO blog, which is your point 19, but I don't use commissions to buy LEGO, so I'm not counting it here. However one nice perk you get as a LEGO blogger is freebies, which can be added to your list. However this would only work if your blog is big enough. I see new LEGO blogs popping up almost daily. I think people don't realize how much work goes into making it work, and hope to get rich quick or get a bunch of free sets overnight. It's not gonna happen. But if someone approaches blogging professionally and provides a valuable service, it could be a viable means to support the hobby. But I can't over emphasize the work involved to make some real money. LEGO only pays a measly 3%. Amazon is a bit better, starting at 4% and it goes up as your sales volume goes up. The point is your blog would have to sell over $30,000 worth of LEGO (and/or other items if you use Amazon) every month to make $1,000.
One thing you don't have on your list is advertising income from YouTube reviews/videos. I know some kids (and adults) who make a killing with these and can definitely support their hobby and buy any LEGO set they want, or build ridiculiously huge armies of expensive minifigs, or whatever pleases them. It is actually a lot more realistic and faster way to make money then blogging... at least for now... see if Google will kill it just like it killed blogs, but for now it works if you do it right....(c;
Make more money!!! Ha!
I wrote a comment (well, more like an essay, lol!) on Bricklink a few days back where members were talking about Bricklink's issues: http://www.bricklink.com/message.asp?ID=684628
I gave Brickset as an example of what a LEGO fan site should look like and how it should be run. I also predicted that Brickset may take over Bricklink one day...(c;
Anyway, you are a great inspiration to me personally as an example of what a real blogger/website owner is like, so whatever it's worth, thank you!...(c:
But yeah, I agree about buying on sale and clearance. For example, I'm going through a space fad and was able to pick up Alien Conquest HQ for $50 and then I lucked upon a NIB UFO Abduction set for $16 shipped on ebay. I also flipped a few sets this Christmas and made some money back. I'm not interested in being a large reseller, but it's ok to help pay for the hobby.
Plus when you sign up they generally give you bonus cash. I just ordered Fire brigade and another copy of MMV for free with rewards points. Anyone who is not using this is missing out!
Getting yourself to a point where your hobby can pay for itself is ideal and wise I think.
As someone that's run into problems with money and collecting in the past, pay off your bills and debts first. Then toss the rest into savings. Mad money should make up less than 1% of your total annual income. Add that into your budget.
I don't mean family trips or going out to dinner (that's decided on by the entire family, and it should be budgeted), I mean MAD MONEY. Money you use to go nuts and spend on crazy greedy selfish stuff. Like Steam games, or X-Box games, or your own weight in Fun-Dip, or random fireworks, or toys like Lego.
Take how much you personally (not your family) make in a year. Divide that by 100. That's how much MAD MONEY you can spend within one entire calendar year and still be reasonably somewhat responsible. Make it count.
While the man-child in me would say that you should take any MAD MONEY not spent within the year and apply it to the following year, the responsible adult in me suggests that you roll that into savings or put it to your mortgage or credit card payments, or pay off student debts or something.
Take how much you personally (not your family) make in a year after taxes and union dues, pension, etc. So your NET pay, not your GROSS. Divide that by 100. That's how much MAD MONEY you can spend within one entire calendar year and still be reasonably somewhat responsible. Make it count. Be 100% complete honest and open about it with your other family members.
If you hide or obscure purchases, you have a problem and need to step back and ask the people around you who care about you for support in kicking that habit and managing your awesome yet crazed obsession.
However, it is perfectly fine to run in the door with an armful of swag yelling "THIS IS MY MAD MONEY!!! MUAHAHAHAHAHAHAAA!!!!" providing it actually is from your MAD MONEY.
At 1% of your net earnings for the year, the financial impact should be negligible.
When the MAD MONEY runs out, it runs out. So sad, too bad. But, on the other hand, if you manage to sell whatever swag your MAD MONEY got you, you can replenish that MAD MONEY pool within that year.
I am over the 100k mark, and I spend well under 1k a year. So it can be done with some discipline.
If you don't buy sets before they're discontinued, collecting only becomes more expensive and time consuming.
2012 was an incredible year and by the time I find spare cash I will struggle to catch up so I thought I would share the best tricks and deals I know and get responses and ideas for other ways to save on Lego. Pardon any obvious ones we 'all know'.
1. Do all your regular grocery and fuel shopping at Sainsbury's using a Nectar card and online shopping via the Nectar website for applicable stores e.g ebay. Why? Because when Argos' amazing 3 for 2 offer comes along, you get three equal or very close in price sets and THEN take off about a years worth of Nectar points. This often beats Amazon's best offers. Remember the fuel points are measured by the litre so round up litres not pounds (squeeze every penny!).
2. Collectable Minifigures ravage your wallet with some of the worst price per piece ratio and as you probably want multiples, a series can end up costing £100+ or much more.
Always buy these from Boots using a Boots reward card. They offer some of the highest reward points out there and each series can be bought with a discount of points you earnt on the last. Get down to Boots for CMFs (though I would rather not have the competition!).
3. Amazon: Nothing to add other than wait, wait, wait but not too long. Brickset's wonderful % monitoring is great but I rarely grab that rare 48% off bargain that lasts what, an hour? The Amazon wish list is apparently helpful but I am useless at sitting on Amazon and get bored.
4. Preloved. The second hand website. I picked up a small 1990s Town set in played with condition for £2 instructions but no box and was most happy. I have yet to grab the sporadic amazing bargains that come along on this site.
Are TRU points worth anything? What deals do people know?
Thank you minifigman11 and jockosjungle. I think despite not liking Credit Cards work I would go with the Amazon one as the Nectar shop would be shared and there is no way in hell that the other half would help load up all those extra points for muggins to go and blow at Argos on Lego! Maybe when I get a more decent income I can indeed try the Nectar CC too.
You can normally buy a compete set on ebay for £35-40, even when new out. But you can normally do better than that. If you don't mind waiting, you can normally get them for £1 after a couple of months, although some stores mess up and do clearance sales early. For example, very.co.uk did minifigs from S9 for a quid a piece about a month ago.
Plus you probably only need to buy 16-20 and trade on here to get a complete set.
These days, old series do not increase in price like the early ones did. So even if you miss out on a few from a recent series, it shouldn't cost too much to purchase from bricklink (or again, here).
CCC: Thankyou, I have perhaps neglected a deeper web search for CMFs.
Briking: Of course in our minds no credit, points or money can be blown on Lego :) I was worried about how to interpret that at first.
I don't know why Argos makes me more nervous as an AFOL than other shops- it must be the anticipation in the waiting area...