I can't stand paying $14 for a 4 pack (64 oz) of craft brew at the liquor store.
So, in order to avoid that, I've now spent about 2 grand on equipment. Couple hundred here, couple hundred there... next thing you know, it's real money. So, now, with my 240v electric basement setup, I can get great beer at significantly lower ingredient costs per 64 oz.
I am confident that, in a couple of decades, as long as i don't buy beer made by anyone else... I should break even on equipment costs.
The more I drink, the quicker I amortize the equipment.
(NOTE: I've already trademarked "The more I drink, the quicker I amortize the equipment" as a registered homebrew slogan. T-shirts coming shortly.)