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ohgodwhat posted:Going with a "nice guy" here, who wants to bang his friend but is more likely to pick up a nice vacation apartment in SF. Who the gently caress else would even think of cosigning on a friend's apartment? At least the advice in the thread is never cosign and her starting pay is bullshit. She probably won't make enough to live and pay her loans. She's about to hit the grim reality of what all the borrowing has done.
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Feb 1, 2015 20:06
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URL grey tea posted:Gets caught? Software piracy? Maybe a business but not an individual user. Not that I condone piracy but no one "gets caught" from an end user perspective. Where did he get the idea for this? Some sort of franchise buy?
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Feb 1, 2015 20:16
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LolitaSama posted:Where did he get the idea for this? Some sort of franchise buy? And did he work it, or just own it and hire people? I assume he worked it, because of the bitching about samples, but I'm wondering how much he paid for such a tedious, menial job.
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Feb 1, 2015 20:20
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I'm really bad with money. I made 75K a year at an old job and spent all of it on food, beer, women, trucks, bikes. Then again I was 18 when that all started so I'm thinking that might be normal. Now I'm old and going back to school, without a job, living with my girlfriend, my son and step daughter. So honestly I don't think I was bad with money before. I mean I was 18 and had a 401K since then its been closed out due to the company closing down. But now I KNOW I'm bad with money being that I'm taking on a ton of debt at an older age for a field I'm not likely to get hired into due to my age.
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Feb 1, 2015 20:53
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Haifisch posted:Mexico? What Mexico? All I know is r/personalfinance. Well, she's young, single, and in shape (presumably). Maybe she can marry her way out of student loan debt. Because barring a winning Powerball ticket it sounds like she's going to be buried with those student loans.
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Feb 1, 2015 21:08
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when I scrounged around Central America for a year, I did it with savings, not on credit 
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Feb 1, 2015 21:18
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Bad with money would be following that Super Bowl ad that just aired that was like "What if your TV went out? You could go watch the game in your WIFi equipped pickup truck! Go buy a new one now."
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Feb 2, 2015 00:30
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pig slut lisa posted:Bad with money would be following that Super Bowl ad that just aired that was like "What if your TV went out? You could go watch the game in your WIFi equipped pickup truck! Go buy a new one now." Yeah I also thought of this thread and yelled, "TRUCK EQUITY!" at the TV.
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Feb 2, 2015 00:37
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I was wondering how profitable Game Of War must be to afford a superbowl commercial.
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Feb 2, 2015 00:45
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Over $1m/day.
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Feb 2, 2015 01:33
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pig slut lisa posted:Bad with money would be following that Super Bowl ad that just aired that was like "What if your TV went out? You could go watch the game in your WIFi equipped pickup truck! Go buy a new one now." Just saw this one, immediately came here. "You know you want a new truck."
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Feb 2, 2015 03:34
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FrozenVent posted:Just saw this one, immediately came here. This comes just days after I returned the truck I had to borrow while waiting on insurance to handle repairs to my car. Yep, what I really want is another vehicle that gets 20 mpg, is difficult to park and would mostly be used for city driving.
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Feb 2, 2015 04:17
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Wickerman posted:I was wondering how profitable Game Of War must be to afford a superbowl commercial. And it wasn't the only subscription game commercial, interspersed between all the other commercials about amputees, dead children, absentee fathers, and Loctite.
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Feb 2, 2015 07:28
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Haifisch posted:Mexico? What Mexico? All I know is r/personalfinance. Krispy Kareem posted:Well, she's young, single, and in shape (presumably). Maybe she can marry her way out of student loan debt. My little sister is a yoga instructor and fitness nut with tons of awards and certifications. She is extraordinarily fit, and passionate about health and exercise. She left a decent but soul-crushing job to dedicate herself full-time to fitness instruction, and she's loving broke. It turns out that fit women who want to be paid to dance and exercise are almost literally a dime a dozen. If the lady in the Reddit story sucks at relationships the way my little sister does, she ain't marrying her way out, either. Verdict: dude better not co-sign. Centripetal Horse fucked around with this message at 10:06 on Feb 2, 2015 |
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Feb 2, 2015 09:49
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http://www.reddit.com/r/personalfinance/comments/2ujex8/21_years_old_married_in_a_whole_lot_of_debt_and/" posted:Hey everybody, this is my first time visiting your sub so I don't know what to expect really but I'm looking for some advice or input towards what I should do in my current situation. The motorcycle was purchased 5 days before he made this post.
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Feb 2, 2015 19:37
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That's a good one. A sales guy with 2 leased vehicles and a motorcycle is evidence that auto salesmen are not always trying to screw you, sometimes they are just genuinely stupid. He is spending $1600/month on vehicles + insurance, and still won't own a car at the end of it. I'm seriously  'in at a 5 year loan on a sport bike. Guy's living the fancy life 
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Feb 2, 2015 19:59
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That leaves $395 not including minimum payments on the credit cards, gas, and food for two people. Is he putting gas and food on the credit cards?
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Feb 2, 2015 20:06
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How else do you have over $1000 on a gas card? Repairs I guess is possible.
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Feb 2, 2015 20:57
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Those are some seriously awful lease deals on those cars
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Feb 2, 2015 20:59
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BEHOLD: MY CAPE posted:Those are some seriously awful lease deals on those cars I'm guessing no money down, and high payments since his credit must be wrecked. Or comedy option: he rolled previous leases into the new ones
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Feb 2, 2015 21:01
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The gently caress is up with that guy. The 3 vehicles have all been purchased within the last year. I'm assuming a lot of the credit card debt has been accumulated over the past 3 years as he just started working. Reading the last line of the post is really "hey guys I've bought 3 vehicles with 3 to 5 year loans, how do I get out of debt?"
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Feb 2, 2015 21:10
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Don't worry, someone convinced him to trim his cell phone down a bit, that'll help a lot!  (I mean he was paying too much, including a bullshit 'insurance' but the real problem is all his vehicles)
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Feb 2, 2015 21:29
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Devian666 posted:The gently caress is up with that guy. The 3 vehicles have all been purchased within the last year. I'm assuming a lot of the credit card debt has been accumulated over the past 3 years as he just started working. Read it closer: only the motorcycle was purchased. The two cars are leases 
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Feb 2, 2015 21:55
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Pompous Rhombus posted:Read it closer: only the motorcycle was purchased. The two cars are leases gently caress yeah lease those loving cars 
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Feb 2, 2015 21:59
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For y'all non car-people, he is paying approximately the cash price for an FR-S over his 48 month lease (MSRP: 25,400 after delivery, lease payment total 26,880). Looking on Scion's website, the rack rate lease is a 36mo lease at 299/mo with 2k down. The Fusion lease is really bad but not mind-bendingly awful.
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Feb 2, 2015 22:05
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KYOON GRIFFEY JR posted:For y'all non car-people, he is paying approximately the cash price for an FR-S over his 48 month lease (MSRP: 25,400 after delivery, lease payment total 26,880). Looking on Scion's website, the rack rate lease is a 36mo lease at 299/mo with 2k down. Put another way, I'm pretty sure you can lease a Porsche for $1k/mo.
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Feb 2, 2015 22:15
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I'm pretty sure that guy's answer is bankruptcy. I feel bad for his wife. "I ruined our credit because I just can't stop signing contracts for poo poo we can't afford!"
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Feb 2, 2015 23:37
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I suspect those may be fully loaded vehicles, which can bring up the cost substantially (Gotta have that $1400 nav system). It boggles my mind how a guy in car sales could be over paying by that much on a car. It does make feel more comfortable about my recent purchase. I'll be throwing the 30 hours of over time on this pay check at it.
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Feb 2, 2015 23:56
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Wickerman posted:I'm pretty sure that guy's answer is bankruptcy. I feel bad for his wife. I dunno he says he can pay $1000 a month towards debt but that it doesn't seem like enough. Actually $1000 per month would be good progress for him as he doesn't seem to be able to pay $1 per month. He's not broke yet.
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Feb 3, 2015 01:08
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Well, if he's going to sell the cars with all the options, he has to know from experience, right? And I'm sure the dealership gave him a special exception on the lease. Probably didn't have to put any money down. He'd be foolish NOT to take advantage of such a great opportunity. After all, it will make him money in the long run. It's just good business.
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Feb 3, 2015 01:18
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Devian666 posted:I dunno he says he can pay $1000 a month towards debt but that it doesn't seem like enough. Actually $1000 per month would be good progress for him as he doesn't seem to be able to pay $1 per month. He's not broke yet. If he just bought the bike 5 days ago, can't he still return it? He's not absolutely sunk yet but once that 0% falls off of his Chase Freedom he's probably done for.
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Feb 3, 2015 01:25
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Guys, don't you seem to understand, he has UNLIMITED EARNING POTENTIAL! All he has to do is earn more, duh.quote:This commission job has really been a huge factor in my problems I believe. After having a couple good months my mind got to comfortable and started living and spending as someone who made that much every month. And even after a bad month I would trick myself into believing, "that's okay you can still buy this now with the credit card and pay it off after you have a good month next month" He sounds like a less broken SloMo. EDIT: Yep, upside down as gently caress on at least one of the cars quote:I would love to get out of my leases and get a cheap used car if possible. I just don't think I will be able to get a loan for that. If i am upside down in my car by $7,500 I doubt any bank is going to loan me that much money on a $1500 used car. That's to much risk for them to take. Lease's are not made to get out of early. They keep you upside down in the car all the way to the last payment and then in theory you are even. You are never ahead. So I don't think I have a choice but to ride out the lease's until the end. EDIT2: Wait, can you be underwater on a lease? Rudager fucked around with this message at 01:55 on Feb 3, 2015 |
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Feb 3, 2015 01:37
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Wickerman posted:If he just bought the bike 5 days ago, can't he still return it? He should be able to return it. In the thread they're telling him to get rid of one of the leases. He should get rid of all three and just buy a cheap commuter bike, and cheap car for his wife. e: I found the point where he said that the bike made a switch flick over in his head. He released he is retarded and hosed. SloMo hasn't hit that point yet. Devian666 fucked around with this message at 01:40 on Feb 3, 2015 |
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Feb 3, 2015 01:38
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Centripetal Horse posted:My little sister is a yoga instructor and fitness nut with tons of awards and certifications. She is extraordinarily fit, and passionate about health and exercise. She left a decent but soul-crushing job to dedicate herself full-time to fitness instruction, and she's loving broke. It turns out that fit women who want to be paid to dance and exercise are almost literally a dime a dozen. If the lady in the Reddit story sucks at relationships the way my little sister does, she ain't marrying her way out, either. Verdict: dude better not co-sign. Doing it on the side for some extra income is definitely possible. But anyone who thinks they can do it on a full-time basis has their head in the clouds. Wickerman posted:He's not absolutely sunk yet but once that 0% falls off of his Chase Freedom he's probably done for.  I also don't understand how anyone's cell phone bill could be $230/month. melon cat fucked around with this message at 02:15 on Feb 3, 2015 |
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Feb 3, 2015 02:10
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Old Fart posted:Well, if he's going to sell the cars with all the options, he has to know from experience, right? And I'm sure the dealership gave him a special exception on the lease. Probably didn't have to put any money down. He'd be foolish NOT to take advantage of such a great opportunity. After all, it will make him money in the long run. It's just good business. You should never put money down on a lease except in some very rare circumstances.
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Feb 3, 2015 02:16
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Rudager posted:Guys, don't you seem to understand, he has UNLIMITED EARNING POTENTIAL! All he has to do is earn more, duh. Of course you can, you are typically but not always underwater on a lease in the dollar value of $(car value - lease payoff amount)
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Feb 3, 2015 02:32
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Golluk posted:I suspect those may be fully loaded vehicles, which can bring up the cost substantially (Gotta have that $1400 nav system). It boggles my mind how a guy in car sales could be over paying by that much on a car. Still I pay less than either of those cars for a BMW. He's probably getting ruined by a combination of expensive financing, bad residuals, and a bad sale price (still the most important variable in a lease just like any automotive transaction).
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Feb 3, 2015 02:36
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melon cat posted:I've never understood why anyone would think that they can live off a "full-time" career as a fitness/dance instructor of any type. Like you, I know a lot of people with this pipedream. And I'm not even sure where it comes from- there's no such thing as a wealthy yoga instructor. He mentioned he has two lines with T-Mobile that both have financed handsets with their insurance and early upgrade program. If he had unlimited data on both lines the base cost for them would be $140, plus say $30/month per line for a really high-end phone (iPhone 6+, Galaxy Note 4), plus an extra $10/line for the insurance and early upgrades comes out to $220. Add in taxes and fees and you get $230. Mr.Radar fucked around with this message at 03:11 on Feb 3, 2015 |
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Feb 3, 2015 03:07
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Mr.Radar posted:He mentioned he has two lines with T-Mobile that both have financed handsets with their insurance and early upgrade program. If he had unlimited data on both lines the base cost for them would be $140, plus say $30/month per line for a really high-end phone (iPhone 6+, Galaxy Note 4), plus an extra $10/line for the insurance and early upgrades comes out to $220. Add in taxes and fees and you get $230. gently caress yeah. Thread back on track. Here's a more subtle one: http://www.reddit.com/r/personalfinance/comments/2uj9iw/buy_a_1m_house_in_sf_bay_area_or_just_rent_forever/ Someone who wants to buy a $1,000,000.00+ house while making $250,000. quote:It's a well funded startup in SV where I'm an early employee. I plan to stay in startups so free transit is not on my radar. I'm already commuting 30 mi each way. I mean, has anyone seen this movie before?
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Feb 3, 2015 03:35
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CountOfNowhere posted:gently caress yeah. Thread back on track. I assume you think this is a bad idea because he is working for startups. Buying a house that is only 4x annual income seems pretty sane by today's standards. Am I missing something?
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Feb 3, 2015 03:46
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