If you have one that is?
In this thread I suppose I’ll define a money pit as an activity that has no chance of returning on financial investment. In all senses it’s something of a ludicrous pursuit…but something we do because it makes us happy / scratches some itch or desire.
Social dance and travelling and competing is the one for me. I started it because it got me out and meeting people when I was depressed, and I got so hooked that I now travel to workshops and even compete. Fun fun adventures it is though…but pretty expensive. I spend at least $5000 a year on lessons and trips. Next year I may be downscaling my investment in it. I certainly doubt I’ll ever make any money with this…but it has helped my confidence and sense of well-being.
Even music isn’t a money pit like dance…I spent alot over the years on music investment…but I teach lessons so at least it pays for itself. Now music income pays for my dance addiction…help?