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Bad with Money: My House is LITERALLY Underwater
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Apr 27, 2015 20:29
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Taco Box posted:I thought the boxster was one of the catostrophic IMS failure cars. That alone plus the porsche tax for everything makes those cars scary.
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Apr 27, 2015 20:30
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NancyPants posted:Bad with Money: My House is LITERALLY Underwater Being from New Orleans. Yes.
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Apr 28, 2015 00:34
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Guy blows $100k inheritance in one year, ends up in more debt than he started with Highlights: Had $20/hr job at 18, lives at home, manages to save no money Quits job because he doesn't like it Inherits $100k at 19 blows it by 20 Starts with $11k in debt ends with 10k in debt, but is going to school and expects to end with $30k in student loans
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Apr 28, 2015 00:50
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Bugamol posted:Guy blows $100k inheritance in one year, ends up in more debt than he started with As an Australian, I can anecdotally say that this is nothing unusual. All my friends are in debt, usually on credit cards. To be fair, I haven't seen what they would do with a massive inheritance, but I feel that it would be very similar to this. 
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Apr 28, 2015 01:08
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Bugamol posted:Guy blows $100k inheritance in one year, ends up in more debt than he started with This is nothing exceptional in Australia, the minimum wage is ~$17 and every supermarket and fast food establishment hires people on a casual basis which entitles them to 25% more, but the trade off is they get no benefits or job security and don't get full time hours every week, so he could have done nothing but work at McDonald's flipping burgers or K-Mart stacking shelves to always have a job earning > $20/hour, but I would also bet  that he never worked a full 40 hour week either at those jobs.
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Apr 28, 2015 02:10
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Bad with Money: I was looking at my dad's Fidelity account trying to figure out how to do a transfer and apparently he is the proud owner of 1500 shares of Phantom Entertainment. Hey, at least he only paid 6 cents each 
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Apr 28, 2015 02:47
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Nocheez posted:Sweet jesus that sounds like a terrible choice. A friend of mine wanted to buy a used Boxster so he had me go with him to check it out as I'm the guy who knows more about cars. I told him to pass because it was such a tough car to drive (heavy clutch, heavy steering, bad blind spots with the top up) and he wanted a pleasure vehicle. He ended up with a convertible 350Z which was a much better fit for him. We told him it wasn't the best choice, but he wanted a fun car for the summer. He makes good enough money and is responsible enough everywhere else that it won't hurt him too bad if it breaks. Just the idea of someone using a Porsche as their learner car for a manual is hilarious.
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Apr 28, 2015 04:46
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http://www.webhostingtalk.com/showthread.php?t=897947quote:Help on building a SeedBox with a $35,000 USD Budget I didn't get past the first 3 pages, but this guy won a lottery and was looking at starting a business. He just won't get the idea out of his head that he can't do what he wants to do with the budget that he has.
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Apr 28, 2015 05:29
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quote:And PLEASE PEOPLE no questioning just answers please. Thank you. I'm not one to wish ill upon strangers, but holy poo poo does this general phrase always set me off. It's basically a demand to be enabled. It takes a lot of restraint to not just reply "kill yourself" when I see that stuff. Blinkman987 fucked around with this message at 05:43 on Apr 28, 2015 |
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Apr 28, 2015 05:34
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Blinkman987 posted:I'm not one to wish ill upon strangers, but holy poo poo does this general phrase always set me off. It's basically a demand to be enabled. It takes a lot of restraint to not just reply "kill yourself" when I see that stuff. Boy, are you in the wrong forum if you care about your blood pressure.
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Apr 28, 2015 06:51
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For $35k he could just genuinely buy copies of any content that he would be hosting on his seedbox, and have enough left over for a sword collection
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Apr 28, 2015 06:57
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Knyteguy posted:http://www.webhostingtalk.com/showthread.php?t=897947 A "business" Did he say what kind of "business" he was trying to start?
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Apr 28, 2015 11:22
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Knyteguy posted:http://www.webhostingtalk.com/showthread.php?t=897947 That thread is 6 years old apparently. He posted an update: http://www.webhostingtalk.com/showthread.php?t=897947&page=4&p=8352569#post8352569 Tl;dr: He didn't make poo poo with his Seeding Server business plan. Now he is a webmaster and goes on expensive vacations. Spermy Smurf fucked around with this message at 13:10 on Apr 28, 2015 |
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Apr 28, 2015 13:07
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Bugamol posted:Guy blows $100k inheritance in one year, ends up in more debt than he started with Reading his wall of text, you can actually see his thought process veering back and forth in a feeble attempt to justify his reckless spending. "I need to get my spending habits in order. But memories are worth more than money, right? Nevertheless, it's time to get serious about my finances, although what do you expect of a young man bent on living life to the fullest?"
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Apr 28, 2015 17:01
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Renegret posted:A "business" Seedbox. It's a server setup just for torrent file hosting. The download and upload speeds are usually obscenely fast compared to home connections. Renting servers from someone else would be a much better idea than setting up a whole datacenter like he was looking to do. At least at first. If you're making millions of dollars then it could be something to consider, but with the current offerings and market saturation that's a big if.
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Apr 28, 2015 17:57
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Knyteguy posted:Seedbox. It's a server setup just for torrent file hosting. The download and upload speeds are usually obscenely fast compared to home connections. My point is some random schmuck who hit the lotto and knows nothing about servers wants to put money into server that can host lots and lots of torrents at high speed and DON"T ASK QUESTIONS sounds sketchy as hell. I wasn't aware that Seedboxes were a legitimate business, though.
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Apr 28, 2015 18:36
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Renegret posted:My point is some random schmuck who hit the lotto and knows nothing about servers wants to put money into server that can host lots and lots of torrents at high speed and DON"T ASK QUESTIONS sounds sketchy as hell. I got the same impression. Seedbox companies can probably make pretty good money if you can differentiate beyond price (HaaS I guess?). WhatBox would be my guess as the largest.
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Apr 28, 2015 18:48
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I don't know why you'd ever pay for a seedbox when you can just cut out the middleman and pay for the hosting directly.
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Apr 28, 2015 18:51
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Jeffrey of YOSPOS posted:I don't know why you'd ever pay for a seedbox when you can just cut out the middleman and pay for the hosting directly. My guess would be ease of use. Instant provisioning, the software is installed already, etc. But yes whatbox charges like $18 for 100gb hd space, 1gbps upstream, and 2 or 3TB transfer. You could find a decent server for 5 bucks more a month and get 4TB hdd array, the same upstream, unmetered transfer, and have resources to host a million other things too.
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Apr 28, 2015 18:57
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Of course all this ignores the fact that 99.99% of these boxes host illegal content and that making money off of facilitating copyright violations is generally Bad with Money in terms of legal expenses.
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Apr 28, 2015 19:43
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Radbot posted:Of course all this ignores the fact that 99.99% of these boxes host illegal content and that making money off of facilitating copyright violations is generally Bad with Money in terms of legal expenses. I think the best bet of doing this legitimately would be to setup a ratio enforced tracker that features open source stuff, and then also have a seedbox company 'sponsor' this site. It's tough to say if it would be worth the effort, but it could be possible to carve out a niche. But I agree otherwise. Bad with money. Unless you consider potential prison time good w/ money.
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Apr 28, 2015 20:10
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Three hots and a cot, unlimited healthcare, 100% free! What's not to like?
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Apr 28, 2015 22:06
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Phil Moscowitz posted:Three hots and a cot, unlimited healthcare, 100% free! What's not to like? Well it's not really free...paying to be incarcerated and eat lovely food is probably not that great with money. I dunno though...It probably IS cheaper than rent/mortgage/whichever stupid thing we're going to bicker about today. Cue endless rent/own/be jailed derail
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Apr 28, 2015 22:32
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http://www.nbcnews.com/business/personal-finance/corinthian-students-face-tough-choice-discharge-loans-n349711 Bad with money double whammy: go to for-profit school, then have school close down due to terrible programs filled with lies. Good with money option: have your debt forgiven, but forsake any claim to the credits/transfering. Not that it matters anyways, since reputable schools wouldn't accept those credits. I'm sure some other for-profit schools will be happy to bring them into the fold... If I had $40,000 or something at a Corinthian college, I would be thanking heavens for the clean break. Several years of your life down the tubes is better than a terrible, worthless degree and a mountain of debt.
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Apr 28, 2015 22:43
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Thesaurus posted:http://www.nbcnews.com/business/personal-finance/corinthian-students-face-tough-choice-discharge-loans-n349711 CCI's CEO posted:”We believe that we have attempted to do everything within our power to provide a quality education and an opportunity for a better future for our students,“ said Jack Massimino, Chief Executive Officer of Corinthian. ”Unfortunately the current regulatory environment would not allow us to complete a transaction with several interested parties that would have allowed for a seamless transition for our students. I would like to thank our employees for their selfless dedication and commitment to fulfilling the educational and career goals of all of our students.“ Feds shut down your degree mill designed specifically to fleece the taxpayer of Pell Grant and GI Bill dollars? "Thanks, Obama!"
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Apr 28, 2015 23:23
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Radbot posted:Feds shut down your degree mill designed specifically to fleece the taxpayer of Pell Grant and GI Bill dollars? "Thanks, Obama!" I know the family of Heald's CEO and it's been interesting watching them all twist this whole thing into a "woe is me" sort of situation. Sign your petition? No thanks.
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Apr 29, 2015 00:00
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Senf posted:I know the family of Heald's CEO and it's been interesting watching them all twist this whole thing into a "woe is me" sort of situation. Sign your petition? No thanks. In another article they tried to compare their graduation rates with community colleges. Community colleges, that cost a fraction of what Corinthian charges. Community colleges, that have an absolutely horrible graduation rate compared to 4 year universities and a pretty bad success rate compared to the average for-profit college. That's the best defense they could come up with.
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Apr 29, 2015 00:15
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Senf posted:I know the family of Heald's CEO and it's been interesting watching them all twist this whole thing into a "woe is me" sort of situation. Sign your petition? No thanks. When business succeeds it's due to talent, ingenuity, and hard work. When it fails, it's because of government regulations, overtaxation, and liberals.
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Apr 29, 2015 00:37
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Phil Moscowitz posted:When business succeeds it's due to talent, ingenuity, and hard work. Takes the former to beat the latter, of course.
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Apr 29, 2015 00:50
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Krispy Kareem posted:In another article they tried to compare their graduation rates with community colleges. Community colleges, that cost a fraction of what Corinthian charges. Community colleges, that have an absolutely horrible graduation rate compared to 4 year universities and a pretty bad success rate compared to the average for-profit college. That's the best defense they could come up with. And thanks to this, a bunch of students who have already graduated are now coming out and wondering if their degrees are "still good" and/or if they still have to pay their loans back. Yes, your degrees are still "degrees" and your ridiculous loans are still live. Heald just started a new semester last week, too, so a bunch of students recently purchased a poo poo ton of overpriced books for nothing. Senf fucked around with this message at 01:02 on Apr 29, 2015 |
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Apr 29, 2015 00:55
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Krispy Kareem posted:In another article they tried to compare their graduation rates with community colleges. Community colleges, that cost a fraction of what Corinthian charges. Community colleges, that have an absolutely horrible graduation rate compared to 4 year universities and a pretty bad success rate compared to the average for-profit college. That's the best defense they could come up with. Maybe I'm wrong but don't some people take community college classes without even intending to graduate from a degree program? A lot of them are quite affordable if you just want to learn something new, so it hardly feels like a fair comparison.
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Apr 29, 2015 02:15
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Horking Delight posted:Maybe I'm wrong but don't some people take community college classes without even intending to graduate from a degree program? A lot of them are quite affordable if you just want to learn something new, so it hardly feels like a fair comparison. I think that's part of the point?
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Apr 29, 2015 02:23
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NancyPants posted:Bad with Money: My House is LITERALLY Underwater http://www.ecy.wa.gov/programs/sea/coast/erosion/washaway.html I feel like this may have been posted before at some point, but Bad with money, buy a house by the ocean on a beach called washaway...
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Apr 29, 2015 03:19
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Horking Delight posted:Maybe I'm wrong but don't some people take community college classes without even intending to graduate from a degree program? A lot of them are quite affordable if you just want to learn something new, so it hardly feels like a fair comparison. Yes. It's a good way to take a language/literature class (18th century Russian novels, for instance) taught by an expert for cheap. Lots of CCs have classes like glassblowing or metalworking (with a lathe and stuff) that you can take to learn a skill/new hobby.
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Apr 29, 2015 03:33
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You could do that , get a student email and save like $75 a year on Amazon Prime and any other student discounts while learning a hobby, seems like good with money, plus you get access to the school's library and other poo poo too which is always nice. Also throught Running Start I technically could have graduated from a community college, but went to 4-year rather than graduate with an associates degree ( I think I need to take one more class and I have an AA with an emphasis on chemistry).
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Apr 29, 2015 04:53
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It Came From Reddit(tm):http://www.reddit.com/r/personalfinance/comments/345ejk/life_threw_a_wrench_in_my_budget_and_i_run_out_of/ posted:Throwaway.
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Apr 29, 2015 05:48
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Wouldn't just cutting the savings and the tithe bring them to neutral cash flow?  The husband's employment situation is either  or  I can't decide.
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Apr 29, 2015 11:56
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Jack2142 posted:You could do that , get a student email and save like $75 a year on Amazon Prime and any other student discounts while learning a hobby, seems like good with money, plus you get access to the school's library and other poo poo too which is always nice. Also throught Running Start I technically could have graduated from a community college, but went to 4-year rather than graduate with an associates degree ( I think I need to take one more class and I have an AA with an emphasis on chemistry). Yeah, I was surprised how much my lone $330 community college class got me: aforementioned Amazon Prime Student, Lynda.com access, and a number of other perks. Also a pretty interesting online Intro to the Short Story class 
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Apr 29, 2015 12:10
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Haifisch posted:It Came From Reddit(tm):
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