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xie posted:Apartment managers and handymen live in someone's property and don't pay for it? They're paying with their labor here, just like in those situations. They keep it occupied, safe, and clean. However it works out that labor either isn't being valued, or is coming up short of the cost of rental, but there's plenty of situations where you can trade labor for free housing. If that house was a real rental property it would likely go for a lot more than $1200 a month. I've seen realtors put up houses for rent around where I live for close to $3000 a month, in the midwest. I wonder if they'd lower the rent if you agree to keep it spotless.
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Jul 11, 2014 22:56
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RommelMcDonald posted:Also that $1,200.00 would probably get them a three bedroom apartment, with money left to spare, if they swallowed their pride and moved further away from Tampa. $1200 could get you a decent three-bedroom apartment even inside Tampa proper. You wouldn't be in South Tampa, but that sounds about right if you're north of Sligh, maybe out near Temple Terrace. A quick Craigslist search showed a few reputable-looking places in the $1000-$1100 range, even. It wouldn't be on the "10th hole of an exclusive golf course" but those are the breaks. What it won't get you is anything close to this, though, which is about what they're living in. If they're willing to put up with the terms and they really must live in that kind of home, they're not getting an awful deal. E: They're bad with money in a "lifestyle exceeds earning power, burning cash as fast as it comes in" kind of way, but they're in no way paying full market rent on that house. They're being "compensated" for their trouble, in a way. Cassius Belli fucked around with this message at 23:27 on Jul 11, 2014 |
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Jul 11, 2014 23:14
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The thought of having to keep things immaculate makes me shudder.
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Jul 11, 2014 23:56
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It reminds me of the show home from Arrested Development. Minus the floor and walls falling apart, of course.
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Jul 12, 2014 00:03
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Oh, Reddit: "Youngish couple (27,25). Married. Two full time jobs. Making a combined 60K per year before taxes. $0 debt. Wife wants to join Disney Vacation Club. If we do, we could be $16,000 in debt. Current living expenses are about $1200 per month. We have lots to think about and I need help please  "quote:As I mentioned above, me and my wife got married a little over a year ago. We both have full time jobs, she is an admissions recruiter for a college and I am in sales. The husband and the wife both start replying using the same account, which is weird: https://www.reddit.com/user/personalfinancethway My favorite quote from the wife is "I am the financial grue of the family."
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Jul 12, 2014 01:48
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HelloIAmYourHeart posted:My favorite quote from the wife is "I am the financial grue of the family."  Did they say where they live? I hope it's 1000+ miles from Orlando.
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Jul 12, 2014 01:52
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HelloIAmYourHeart posted:My favorite quote from the wife is "I am the financial grue of the family." That's probably correct.
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Jul 12, 2014 01:55
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Be right back, going to put my life savings into Disney stock. I need better "bad with money" stories. Best I've got right now is a family friend who put zero down to purchase a townhouse with her boyfriend at the top of the current real estate market. She also consistently takes advantage of other people regarding shopping trips. Maybe it's bad with life, good with money.
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Jul 12, 2014 02:09
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Holy crap, it's $26K with closing costs to get that membership and then $1,100.00 per year after that. The website makes it sound like a more flexible version of a timeshare where you pick the time and destination. Timeshares, with Disney!
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Jul 12, 2014 02:18
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RommelMcDonald posted:Holy crap, it's $26K with closing costs to get that membership and then $1,100.00 per year after that. The website makes it sound like a more flexible version of a timeshare where you pick the time and destination. Timeshares, with Disney! I think what I'm feeling is that thing that happens when someone thinks of a way to make a ton of money without doing any work, and they thought of it first. Jealousy?
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Jul 12, 2014 02:26
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HelloIAmYourHeart posted:Oh, Reddit: "Youngish couple (27,25). Married. Two full time jobs. Making a combined 60K per year before taxes. $0 debt. Wife wants to join Disney Vacation Club. If we do, we could be $16,000 in debt. Current living expenses are about $1200 per month. We have lots to think about and I need help please Time to join the divorce vacation club.
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Jul 12, 2014 02:45
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People need to learn that there are certain words that are expense multipliers for no good reasons. Wedding, Disney, timeshare, Hawaii, lease For $26k you can probably spend half a week in every single Disney theme park across the globe. Twice that time if you stay off-property.
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Jul 12, 2014 02:50
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I'm looking on Wikipedia and it says its essentially Disneyland (Anaheim, California), Disney World (Lake Buena Vista, Florida) and 3 outside places in South Carolina, Vero Beach FL and Hawaii. Why the gently caress does it cost $26K + $1,100/yr to do that? Am I missing something? You don't even get to goto the ones in Paris, Tokyo, Hong Kong?
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Jul 12, 2014 02:50
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I feel like Disneyworld timeshare guy is probably being generous with his takehome and conservative with his expenses to boot.
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Jul 12, 2014 02:53
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Disney husband lives in a guesthome on his family farm and does chores for rent. Edit: staying at a Disney resort for every vacation sounds super boring. Aren't they all really manufactured and same-y because Disney has such a specific brand image? Family friendly, squeaky clean, etc. Disney has always struck me as not a "real place" (if you know what I mean) and it just seems really unappealing. Maybe ok for a one day visit. HelloIAmYourHeart fucked around with this message at 03:06 on Jul 12, 2014 |
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Jul 12, 2014 02:58
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HelloIAmYourHeart posted:Disney husband lives in a guesthome on his family farm and does chores for rent. Some of the rides are really boring and obviously for small children, but some are very fun and worth riding more than once. I absolutely do not see the appeal in going more than once a decade, and especially not every year. There are so much other great things to see and do on this planet, and while roller coasters are fun, actually seeing the real world is a lot more fun. Uranium 235 fucked around with this message at 03:21 on Jul 12, 2014 |
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Jul 12, 2014 03:18
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I can't find it now, but there was a post earlier on r/personalfinance that was like "My wife just lost her job. Should we dip into savings? Or reduce our lifestyle?"
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Jul 12, 2014 03:38
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Harry posted:I can't find it now, but there was a post earlier on r/personalfinance that was like "My wife just lost her job. Should we dip into savings? Or reduce our lifestyle?" Hey having savings is batting above average for this thread(perhaps by savings they meant 401k). It's funny that they would make a post to say "I know what I have to do, please tell me what I want to hear instead".
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Jul 12, 2014 04:56
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HelloIAmYourHeart posted:Oh, Reddit: OK, that's just messed up on a number of levels. Is this something that normal people think, or are they in some sort of Disney cult? Because when I think of Disney I don't think "happy memories", I think "five figures of debt" and "loving copyright leeches".
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Jul 12, 2014 05:47
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Weatherman posted:OK, that's just messed up on a number of levels. Is this something that normal people think, or are they in some sort of Disney cult? Because when I think of Disney I don't think "happy memories", I think "five figures of debt" and "loving copyright leeches". Most people think of Disney as the company that made those movies they grew up watching and their kids love. I went to Disney land almost 30 years ago and there are parts of the trip I can still remember really well, I'm not saying I'd go 16k into debt to go visit, but I certainly see why people want to go.
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Jul 12, 2014 06:09
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If you want to know approximately how long a copyright lasts, just look at the age of Mickey Mouse. Disney ain't letting that golden goose free.
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Jul 12, 2014 14:10
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Weatherman posted:Is this something that normal people think, or are they in some sort of Disney cult? Buddy of mine just proposed to his fiance in Magic Kingdom because his fiance is obsessed with Disney. She goes to Disney world two-three times every year. And she's like 30 years old, there are no children/neices/nephews the go, it's just her and other adult friends. I mean, I've only been to Disney World once and I was 25 at the time, and I'll definitely go back later when I have kids of my own but I can't fathom going as an adult trip--let alone twice a year every year. Go to Vegas or hit up Europe or some poo poo to shake things up christ
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Jul 12, 2014 15:32
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Not a Children posted:If you want to know approximately how long a copyright lasts, just look at the age of Mickey Mouse. Disney ain't letting that golden goose free.
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Jul 12, 2014 15:57
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Since we're on the subject of Disney chat. My cousin is blowing her inheritance by getting married at Disney, and then going on a European honeymoon. She is a secretary for a company known for massive layoffs and her husband is unemployed and in firefighter school. By my reckoning this wedding is going to cost nearly 2 years combined salary. They could have had a really nice amount put away for a house and a decent start on retirement savings. The kicker: Both of them still live at home, and have never lived on their own.
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Jul 12, 2014 16:27
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fruition posted:Buddy of mine just proposed to his fiance in Magic Kingdom because his fiance is obsessed with Disney. She goes to Disney world two-three times every year. And she's like 30 years old, there are no children/neices/nephews the go, it's just her and other adult friends. Same here. Another friend of mine who is otherwise reasonably well traveled goes to Disney World like twice a year with her family, and now sometimes 3 times because she also runs the marathon races there too. I've been to Epcot twice since I was 13 but didn't think it was so amazing or anything. I asked he about this last week and how it could possibly be all that entertaining; it turns out they're not even franchise fanatics and they only started going within the last 10 years. She just said it was more because everyone is so nice there. It was"like seeing the best side of humanity the whole time you're there". 
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Jul 12, 2014 17:36
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fruition posted:Buddy of mine just proposed to his fiance in Magic Kingdom because his fiance is obsessed with Disney. She goes to Disney world two-three times every year. And she's like 30 years old, there are no children/neices/nephews the go, it's just her and other adult friends. Jesus, the only thing I remember about Disney world was Blizzard Beach having water sprinklers keeping the cement cool, and the castle was dressed like a cake the year I went. I went when I was 13, so maybe I was passed the whole "magic" phase of life. I can't even imagine going there as an adult. I just remember a lot of mediocre rides, space mountain being a loving joke, and a ton of tiny stores trying to sell you cheap poo poo made in china, just like every other amusement park. Leroy Diplowski posted:Since we're on the subject of Disney chat. My cousin is blowing her inheritance by getting married at Disney, and then going on a European honeymoon.  Sounds like they need their own tread.
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Jul 12, 2014 18:12
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HelloIAmYourHeart posted:Oh, Reddit: "Youngish couple (27,25). Married. Two full time jobs. Making a combined 60K per year before taxes. $0 debt. Wife wants to join Disney Vacation Club. If we do, we could be $16,000 in debt. Current living expenses are about $1200 per month. We have lots to think about and I need help please Of course, you have to wonder what harebrained idea the wife will have next, considering she thought going 16k in debt to have Disney vacations was a good idea. Hopefully this was just them buying into the Disney glamour, since their finances are okay otherwise. But reddit continues to deliver, because it's full of people allergic to having an emergency fund in a regular old savings account: quote:Basically, I have cancelled all my credit cards - All I have now is an AMEX green card. These are different since you MUST pay them off at the end of each month. Since you cannot carry a balance on it, there is no interest to pay. poo poo like this pops up on r/personalfinance constantly. They can't have a few thousand bucks in a stable account, then they're not making mad gains! No, they have to make complicated systems for e-funds so they can squeeze another few percents of returns out of their money. Haifisch fucked around with this message at 18:18 on Jul 12, 2014 |
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Jul 12, 2014 18:15
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What will definitely not happen, because there is certainly no correlation or recent historical precedent, is that I lose my job in the midst of an economic downturn. All my brilliantly invested e-fund money would never be down 20% in a situation like that! You know how the old saying goes: "when it rains, it never pours"... wait, no, that's not quite it... People are dumb.
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Jul 12, 2014 18:28
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It's pretty common in Southern California for people to have Year Passes and go for like a couple of hours or over the weekend. There is also a shopping complex near it called Downtown Disney that doesn't require you to pay for admission. But $25K for that weird Disney Timeshare thing sounds insane.
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Jul 12, 2014 18:28
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nickutz posted:If that house was a real rental property it would likely go for a lot more than $1200 a month. I've seen realtors put up houses for rent around where I live for close to $3000 a month, in the midwest. I wonder if they'd lower the rent if you agree to keep it spotless. If anything, the increased value of the home should increase the pay to the house sitter. Think of it like this: Somebody wants to sell a luxury car. He wants you, a driver with a perfect driving record, to drive it around town so it can be seen, and your driving record actually makes it cheaper for him to insure. At a moment's notice, you may have to park the car so someone can look at buying it. You will have to wash the car every day, and keep it looking like it was just detailed. You will have to wear an expensive suit everyday you drive it, which you will provide yourself. You will also pay for gas, but you can put unlimited miles on the car. Someone may offer to buy the car, at which point you have 30 days to find your own ride. For this service, he is willing to charge what your payments would be on an economy car (about $200 a month) instead of the payments you'd make on this luxury car (about $400 a month). But you won't actually acquire any equity in the car. Sound fair? I've talked about creepy Disney cult members before. I get taking the trip. I get taking it as an adult without kids. I can even understand doing it as your vacation every year. But some people just go nuts. Right now, the Disney Guy at my office has 2 countdown timers on the whiteboard - both several months away. I think he's taking a Disney cruise and a trip to the park. This is not necessarily bad. But he talks about it EVERY. SINGLE. DAY. He talks about the meal plan meals. He talks about the attractions. He talks about the queuing system He talks about how he's saving money on the meal plan. He talks about his favorite rides. He talks about changing his meal plan. Seriously, I'm not exaggerating. It really creeps me out.
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Jul 12, 2014 19:29
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All I remember is the rich girl in 2nd grade getting surprised every other month by her parents who would put Mickey ears on her and announce "you're going to Disney World!" while the rest of us were left to feel like dogshit I liked Universal Studios better 
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Jul 12, 2014 19:46
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All I can think of when Disney obsessed adults come up is the E/N theme that all crazy girlfriends watch Disney movies obsessively. I can't help but assume someone is broken inside if they have to hold on to that childhood memory for so long To contribute, when I worked sub-prime finance I worked with one especially talented salesman. Which means he was a total rear end in a top hat. One of his employees financed through our program and, being an idiot, he trusted the salesman to get him a good deal. He ended up with ridiculous poo poo like $500 for freight charges when it was only a single store (meaning, he's paying them to push the motorcycle out to the front of the lot), $400 for paperwork with the DMV, etc. Just royally getting hosed over from the mentality that the salesperson is a friend, and would never pad the bill to line their own pockets. The motorcycle wasn't powerful enough for him, so before his first payment hits he turns around and trades it for another one. The negative equity is rolled into the new deal and the dealer tacks on the same charges. We ended up calling the salesman to get some piece of paperwork we needed to fund the deal, and he was drunk at a bar and laughing about how he accidentally raised the priced by $1,500. If a corporation is a human being then the sales department is the part of the brain that's constantly trying to get laid, and will say or do anything to make it happen. I just don't understand how people trust a salesperson to not gently caress them.
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Jul 12, 2014 20:20
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My only lasting memory of Disney World is seeing 10 and 11 year olds being pushed around in strollers.
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Jul 12, 2014 20:22
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otter space posted:My only lasting memory of Disney World is seeing 10 and 11 year olds being pushed around in strollers. Have you gone lately? Last time I went, the Rascal Scooter Army and its weekend auxiliary were out in force, too.
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Jul 12, 2014 20:49
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otter space posted:My only lasting memory of Disney World is seeing 10 and 11 year olds being pushed around in strollers. I was tired, rear end in a top hat.
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Jul 13, 2014 03:48
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Folly posted:I've talked about creepy Disney cult members before. I get taking the trip. I get taking it as an adult without kids. I can even understand doing it as your vacation every year. But some people just go nuts. Right now, the Disney Guy at my office has 2 countdown timers on the whiteboard - both several months away. I think he's taking a Disney cruise and a trip to the park. This is not necessarily bad. But he talks about it EVERY. SINGLE. DAY. He talks about the meal plan meals. He talks about the attractions. He talks about the queuing system He talks about how he's saving money on the meal plan. He talks about his favorite rides. He talks about changing his meal plan. Seriously, I'm not exaggerating. It really creeps me out. I am taking a Disney vacation. I am taking a vacation because I am tired of living my own life, so in order to escape that, I am temporarily abdicating my own agency. But it's okay, because this is balanced out by the fact that the entire world to which I will be exposed ("interact" is too strong a word) is similarly constrained.
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Jul 13, 2014 10:14
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Reddit delivers as always. Income $160k. I feel like I'm hardly making it in Los Angeles and living one paycheck at a time.quote:"Student loans $206k (pay as you earn) currently paying $200/mo. Banking on loan forgiveness down the line."
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Jul 14, 2014 14:22
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Ah you missed this one, a 28 year old with a "unique situation" - which you learn is actually code for "I can't stop spending and rationalize everything!" http://www.reddit.com/r/personalfinance/comments/2anjxi/28f_unique_situation_need_budgetingdebt_advice/ She wants to withdraw all of her retirement savings to pay off her consumer debt! No, don't ask about the $2k+ of unallocated income each month, she's got a unique situation! quote:
quote:I'm pretty financially savvy (despite my debt situation), cut costs where I can and have used Mint.com since June 2010, but I just don't see how I can try to live "bare bones" like so many posters suggest in order to get ahead. Financially savvy, too special to live "bare bones" and not spend $2k a month on shopping & vacations. quote:I do want to be debt-free, and don't need to focus on traditional expenses, savings/emergency fund or long-term retirement like most, Why would that be? quote:I'm 28f and my SO is MUCH better off financially than me. I've made it my goal to be debt free if/when we decide to get married (we've discussed 2016, so ~24ish months). No flaws in this financially savvy plan!
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Jul 14, 2014 15:23
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Saros posted:Reddit delivers as always. Income $160k. I feel like I'm hardly making it in Los Angeles and living one paycheck at a time. That dude is going to have a rude awakening next year when he had to send in his tax info because his PAYE payment is going to be baaaad. And if he marries his girlfriend and files jointly with her? Yeah. Also, the fact that he encouraged his girlfriend to take out personal loans to pay for expenses when she was unemployed? What an idiot.
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Jul 14, 2014 15:24
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I dont even think he is in a profession where loan forgiveness is a real thing as well.
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Jul 14, 2014 15:35
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