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canyoneer posted:I decided to have children because I need someone to inherit my lands and titles, as well as avenge me if I am slain in battle. At least back then that made a lot more sense than how a lot of people rationalize it today.
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Mar 15, 2016 01:49
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CelestialScribe posted:I know someone who does this. He refuses to save anything for retirement because his children will look after him and his wife. billions of asians It's a cultural thing so things get messy when people migrate to the west. If your friend is white though then he's just a dick yeah.
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Mar 15, 2016 01:51
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canyoneer posted:I decided to have children because I need someone to inherit my lands and titles, as well as avenge me if I am slain in battle. just switch to elective (or tanistry) and you can take advantage of genius distant cousins
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Mar 15, 2016 02:04
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the talent deficit posted:just switch to elective (or tanistry) and you can take advantage of genius distant cousins I am enjoying this CK2 leak into the BWM thread and fully endorse it. Zo posted:billions of asians Or they get guilted/shamed into never leaving and following their dreams. 
Pompous Rhombus fucked around with this message at 02:19 on Mar 15, 2016 |
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Mar 15, 2016 02:08
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This post has a few things on my BWM bing card - trucks, Canadian oil and tradies making bank having to come to terms with their reduced circumstances. My boyfriend and I live in an area that is in a bad recession. He will not leave. What do I do? [26F, 31M] quote:Five years ago I came to Canada (Alberta) for a school program. It was during that time when oil prices were very good and workers are scarce. I found a good job and my company was nice to sponsor my work visa AND permanent residence. One person in the comments couldn't understand how he has no savings. Oh boy...
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Mar 15, 2016 04:21
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quote:https://www.reddit.com/r/personalfinance/comments/4ae3sm/bought_a_house_unexpected_costly_maintenance_and/
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Mar 15, 2016 05:57
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froglet posted:This post has a few things on my BWM bing card - trucks, Canadian oil and tradies making bank having to come to terms with their reduced circumstances. There was a farmer in the Song Kingdom in ancient China. He worked in his field day after day. In good harvest years, he could only have enough food to eat and enough clothing to wear. If the field failed to produce enough crops, he had to go hungry. This farmer wanted to improve his life. But he was too lazy and too cowardly. He always dreamed of having unexpected fortune. A miracle took place at last. One day, when he worked in the field, some people were hunting nearby. They shouted loudly one after another. Some little animals were running desperately. Suddenly, a hare dashed itself headlong against the stump of a dead tree in his field and died. That day, he had a good meal. From that day on, he no longer worked in his field. From morning till night, he stayed by that miraculous stump, waiting for another hare. Will the miracle happen again?
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Mar 15, 2016 06:28
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Hahaha, a mere ten grand in repairs and he's already freaking out.
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Mar 15, 2016 06:28
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slap me silly posted:Hahaha, a mere ten grand in repairs and he's already freaking out. I wouldn't be surprised to hear that he doesn't make much to begin with. There's no way he anticipated having to make repairs on a new purchase of an old house, which I can't decide if I should be laughing or crying about.
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Mar 15, 2016 11:20
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Renegret posted:I wouldn't be surprised to hear that he doesn't make much to begin with. I knew a friend of a friend who bought a house and went without heat and running water for 6 months because he couldn't afford propane for the furnace and a pipe burst when it got cold. Apparently when they did a credit check they looked up his dad by mistake. His dad is an environmental engineer who makes what I would assume to be pretty good money, while the home buyer makes ~40k a year and bought a 100k house without understanding what the basics like PMI and escrow were.
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Mar 15, 2016 12:11
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Apprentice Dick posted:I knew a friend of a friend who bought a house and went without heat and running water for 6 months because he couldn't afford propane for the furnace and a pipe burst when it got cold. Apparently when they did a credit check they looked up his dad by mistake. His dad is an environmental engineer who makes what I would assume to be pretty good money, while the home buyer makes ~40k a year and bought a 100k house without understanding what the basics like PMI and escrow were. Assume its not in a bad state of repair (before that guy got inside) 100k of house for 40k of income seems an ok amount to buy.
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Mar 15, 2016 12:57
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Cast_No_Shadow posted:Assume its not in a bad state of repair (before that guy got inside) 100k of house for 40k of income seems an ok amount to buy. Sorry I posted in a hurry this morning, I forgot to mention that the whole place hasn't had an update since probably the 60's or 70's and they discovered when redoing the living room that there was no insulation in the walls. Worst case is that none of the walls are properly insulated, but I haven't talked to him to see what other stuff they have found since then. Realistically a nice up to date house in the area is only around 125k.
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Mar 15, 2016 13:24
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slap me silly posted:Hahaha, a mere ten grand in repairs and he's already freaking out. The biggest chunk of that is for a roof he thinks needs to be replaced that the inspector specifically said was good past Trump's second term. The electrical issue is probably serious though. At the very least he'll never be able to sell the house without that fixed.
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Mar 15, 2016 13:29
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Apprentice Dick posted:I knew a friend of a friend who bought a house and went without heat and running water for 6 months because he couldn't afford propane for the furnace and a pipe burst when it got cold. Apparently when they did a credit check they looked up his dad by mistake. His dad is an environmental engineer who makes what I would assume to be pretty good money, while the home buyer makes ~40k a year and bought a 100k house without understanding what the basics like PMI and escrow were. Who the gently caress underwrote that loan, that is some baby town frolics poo poo to miss. Maybe I'm just way more detail oriented than most underwriters, but what the gently caress.
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Mar 15, 2016 14:27
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slap me silly posted:Hahaha, a mere ten grand in repairs and he's already freaking out. Calling roofing companies and asking them if you need a new roof isn't exactly the best way to get an unbiased opinion. The lack of grounded outlets is not great, but I'm guessing since the house hasn't burned down yet he'd probably be fine kicking the can down the road.
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Mar 15, 2016 16:11
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n8r posted:Calling roofing companies and asking them if you need a new roof isn't exactly the best way to get an unbiased opinion. The lack of grounded outlets is not great, but I'm guessing since the house hasn't burned down yet he'd probably be fine kicking the can down the road. Except if he knows about it, his insurance may not cover in the case of fire, which also probably puts him offside with the terms of his mortgage. We found some...non-obvious knob & tube when we bought our last place, and had to scramble to get it fixed and re-insured in 60 days.
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Mar 15, 2016 16:22
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n8r posted:Calling roofing companies and asking them if you need a new roof isn't exactly the best way to get an unbiased opinion. The lack of grounded outlets is not great, but I'm guessing since the house hasn't burned down yet he'd probably be fine kicking the can down the road. My understanding is the ground is less of a fire hazard issue, and more of a not shock the hell out of you if the thing you plugged in has conductive surfaces and a hot wire breaks loose. less of an issue IMO with most things being made of plastic. Circuit breakers/fuses are more the fire protection. Even then then, 120 VAC won't do much unless you're also touching something decently grounded (like a sink or faucet). It's all about not being an ideal path for the current. I feel like you'd want at least an extra 5-10% on top of your 20% down payment just for hidden repairs and general moving in costs. But then I'm also not the type to think getting myself into monthly payments, for 10's of years, that I can barely afford is a good idea.
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Mar 15, 2016 16:27
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Subjunctive posted:Except if he knows about it, his insurance may not cover in the case of fire, which also probably puts him offside with the terms of his mortgage. We found some...non-obvious knob & tube when we bought our last place, and had to scramble to get it fixed and re-insured in 60 days. I doubt that is the case at all. A roof passing inspection is part of a lot of home loans. The inspector said it has 10 years, and it doesn't sound like a specific inspection of the roof was called for - which is what usually happens on roofs that are near the end of their life. It looks like some of the replies in the thread are saying hire an independent inspector which is the right course of action. Knob and tube is a different deal, and yes that can definitely be hard to insure. All of this being said, going out to people that are looking to sell you things like roofs and electrical work are not the best people to get unbiased opinions on whether or not the work is critical.
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Mar 15, 2016 19:37
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Wow, this one was so obvious, even the redditors pounced on it. https://www.reddit.com/r/PersonalFinanceCanada/comments/4al9ph/seriously_struggling_with_money/ Reddit posted:I've found this subreddit recently and I've had a good time reading. I thought I'd write for some money advice because I'm just struggling to stay afloat. I have a decent job but the money just seems to go so fast. Here is the breakdown of my last month, for example: Girlfriend is making and contributing 500 bucks to the monthly budget while going through school, but spending almost half of that, ~225 a month, on smokes. But at least she cut back from 300! Golluk fucked around with this message at 17:23 on Mar 16, 2016 |
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Mar 16, 2016 17:18
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Golluk posted:Wow, this one was so obvious, even the redditors pounced on it. Golluk posted:Wow, this one was so obvious, even the redditors pounced on it. But take home message is that they have a mortgage and additional debts with insufficient income. Mortgages are not for students. cowofwar fucked around with this message at 17:30 on Mar 16, 2016 |
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Mar 16, 2016 17:27
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Small but mini update on the BWM truck guy I've mentioned a few times in the past (that people may or may not remember): A few months back my friend told me that, even though it has a back-up camera, the dude backed his truck into a pole and shattered one of the rear light fixtures. He apparently still hasn't replaced the fixture because he/his wife still "can't afford the fixture for the 2016 Tacoma," which he has to buy because it's a new design. So other than maybe getting a pointless ticket for a broken rear light, what's the BWM of this one? The dude and his wife are apparently also considering traveling to Thailand this summer to visit family and they've already purchased passports. If they can't afford Thailand, they're probably going to visit Mexico instead. I'm pretty sure they already received their passports, too. Love it. Can't afford a new rear light fixture, can afford a trip for two to Thailand. Senf fucked around with this message at 18:05 on Mar 16, 2016 |
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Mar 16, 2016 18:00
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n8r posted:I doubt that is the case at all. A roof passing inspection is part of a lot of home loans. The inspector said it has 10 years, and it doesn't sound like a specific inspection of the roof was called for - which is what usually happens on roofs that are near the end of their life. Yeah, I was talking about the electrical situation, not the roof.
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Mar 16, 2016 19:02
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http://www.vice.com/read/millennial-debt-across-europe-north-america-australia I read the title of this article thinking, "Cool, something to show boomers when they give me poo poo," but some of the people they interviewed are just mortifying. quote:I graduated from Ryerson last year, and I left with little debt. A few thousand dollars or so, but it's all paid off now. The problem wasn't my student debt (my parents helped me out a lot during school), but rather what awaited me after graduation: no jobs in my field. When I was going through university, I was super optimistic. I figured I'd be one of those people who would go through the program, get a good internship, and then land a dope job. I was wrong. The struggle is real.
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Mar 17, 2016 01:50
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Yeah, I hate perpetuating the "Millenials are just lazy special snowflakes" narrative but I do boggle at the people who complain about not having a job or enough work and then say they're unwilling to work a 9 to 5 (or in the service industry) because they're too good for it. It's like people who complain that there's nowhere to live and it turns out they're only interested in one-bedrooms that allow dogs and are in a nice neighborhood close to public transit.
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Mar 17, 2016 02:13
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Tea.EarlGrey.Hot. posted:http://www.vice.com/read/millennial-debt-across-europe-north-america-australia Well at least the Australian guy makes us sound normal.
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Mar 17, 2016 02:30
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Senf posted:Small but mini update on the BWM truck guy I've mentioned a few times in the past (that people may or may not remember): This is great. Trade in the truck for a 2017 that comes with free taillights.
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Mar 17, 2016 02:31
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Horking Delight posted:Yeah, I hate perpetuating the "Millenials are just lazy special snowflakes" narrative but I do boggle at the people who complain about not having a job or enough work and then say they're unwilling to work a 9 to 5 (or in the service industry) because they're too good for it. Don't know how much I buy it but read an interesting take on this a while back. Boomers grew up and worked in a world where you could work, have a stay at home spouse, save for retirement and buy a house. Even if its a job you hate its still worth doing. The next generation lost some of that, the stay at home spouse became harder to do for instance but if you stuck it out and worked a little harder you would probably do alright. The millenial genration have lost this, or most of them have anyway so why work a job you hate when it doesn't get you any further in life? Like i said not sure I buy into that but a different view to what I normally here. Also most 'millenials do x' is bullshit anyway and statistically your parents and their parents and their parents did the exact same poo poo just in the context of their own timeframe.
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Mar 17, 2016 08:08
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Horking Delight posted:Yeah, I hate perpetuating the "Millenials are just lazy special snowflakes" narrative but I do boggle at the people who complain about not having a job or enough work and then say they're unwilling to work a 9 to 5 (or in the service industry) because they're too good for it. This is not novel to millenials.
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Mar 17, 2016 08:34
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Maybe there's this centuries old myth that the next generation is always worse than the previous generation.
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Mar 17, 2016 08:49
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Subjunctive posted:This is not novel to millenials. I agree, which is why I hate perpetuating the narrative that it is.
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Mar 17, 2016 11:09
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Cast_No_Shadow posted:Don't know how much I buy it but read an interesting take on this a while back. Boomers grew up and worked in a world where you could work, have a stay at home spouse, save for retirement and buy a house. Even if its a job you hate its still worth doing. The next generation lost some of that, the stay at home spouse became harder to do for instance but if you stuck it out and worked a little harder you would probably do alright. The millenial genration have lost this, or most of them have anyway so why work a job you hate when it doesn't get you any further in life? Did Boomers have stay at home spouses? I thought that was more a Greatest Generation thing. There are always going to be couples who sacrifice enough/make enough for one to stay home, but Boomers were the first generation where families became majority dual income. But you're right about retirement. Pensions, Social Security, and 401ks at the same time. Those were the real good old days.
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Mar 17, 2016 11:32
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Blinkman987 posted:Maybe there's this centuries old myth that the next generation is always worse than the previous generation. It's much older than centuries. There's a quote by Socrates bitching about "kids these days" that reads like he's talking about millennials.
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Mar 17, 2016 12:01
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I don't think I'm being too much of a crotchety fogey by saying that anyone who needs to be able to get high while working needs a serious reality check
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Mar 17, 2016 13:32
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Nail Rat posted:It's much older than centuries. There's a quote by Socrates bitching about "kids these days" that reads like he's talking about millennials. Yeah, but Greece would start it's decline when many of those kids were old and presumably in charge. So he might have been right.
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Mar 17, 2016 14:53
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Nail Rat posted:It's much older than centuries. There's a quote by Socrates bitching about "kids these days" that reads like he's talking about millennials. The children now love luxury. They have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. It's all I can ever think about when I hear old people bitching about kids these days.
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Mar 17, 2016 15:13
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Krispy Kareem posted:Yeah, but Greece would start it's decline when many of those kids were old and presumably in charge. So he might have been right. "Greece" was definitely not a thing at that point.
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Mar 17, 2016 16:02
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I may just be a crotchety old man of 32, but I'm unapologetically on the "gently caress millennials" train.
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Mar 17, 2016 16:06
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https://www.reddit.com/r/personalfinance/comments/4asa10/33000_in_debt_with_nothing_to_show_for_it/quote:
sweet jesus what a shitshow CortezFantastic fucked around with this message at 17:09 on Mar 17, 2016 |
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Mar 17, 2016 16:22
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Jesus loving christ. If you're having trouble paying for you and your kids, stop having more kids. What the gently caress. edit: looks like you pasted the wrong link accidentally, here's the link to the one you quoted. https://www.reddit.com/r/personalfinance/comments/4asa10/33000_in_debt_with_nothing_to_show_for_it/ Nail Rat fucked around with this message at 16:55 on Mar 17, 2016 |
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Mar 17, 2016 16:38
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CortezFantastic posted:https://www.reddit.com/r/personalfinance/comments/4aoldg/father_passed_away_was_the_primary_source_of/
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Mar 17, 2016 16:41
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