Caddle Team Saving Goals: Will

What am I saving for?

When it comes to investing in a musical instrument, the equipment you choose is essential. Buy the right accessories and you’ll enjoy them for years to come, but purchase the wrong ones and you could be out a wad of cash. Worse, you’ll dread picking up the piece you spent time and money on acquiring.

To avoid that, we put together a few tips for you courtesy of Will, a developer at Caddle and a lover of music.

Will is saving for an acoustic guitar and for the run-up to Christmas holiday shopping. As a passionate electric and acoustic guitarist who’s played for 25 years, he takes pride in building some of his own equipment and staving off the impulse to spend.

“I also save money by building my own guitar pedals and amps. Saving is all about delaying the immediate need to be satisfied,” he says.

I also save money by building my own guitar pedals and amps. Saving is all about delaying the immediate need to be satisfied

Luckily for Will and other musicians looking to buy a high-quality acoustic guitar, the market is more diverse than it has ever been, according to musician website MusicRadar. In 2018, the acoustic guitar market is competitive, with more manufacturers making more model iterations than ever before, and selling high-quality instruments at lower price points to defend their coveted market share.

A few tips to keep in mind if you’re saving for your own acoustic guitar:

1. Know what your needs are.

You’ll have a diverse selection of brands, body sizes, shapes and sizes to choose from, so it’s important to know what will work for you. Guitar Adventures advises buyers to start with the guitar in mind, not the budget. Decide where you’d be most likely to play your guitar (on stage? At home?), desired lifespan and features, and other factors. Once you have a profile of your “ideal guitar”, you can develop a realistic budget and savings plan.

Tip: Guitar craftsmen, or luthiers, believe that the wood chosen for the top is the single most important factor in determining what the instrument will ultimately sound like.

Source: Acoustic Guitar Buying Guide – Sweetwater Sound

2. Create a savings plan

Put as much money as you can in a savings account and add to it regularly. Write your plan down to make it more concrete, and post it where you’ll see it often, next to a picture of the guitar you want to remind you of your goal. This is where self-discipline comes in – if you stick to your plan, you’ll achieve your savings goal on schedule.

3. Shop around for the best deal.

Now that you’ve found the make and model you’d like, it’s time to do some more research on where to find the best deal. Look online, in flyers and even visit a few stores in person.

Source: How to afford an expensive guitar – WikiHow

Now that we’ve told you our best tips for finding an acoustic guitar you’ll be proud to play, we want to hear from you! What was your first musical instrument? Do you currently play one? What are you saving for right now? Share your story and tell us what you are saving for with Caddle.