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FrozenVent posted:Don't resort to Craigslist for anything you sleep on or with.
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Dec 12, 2017 16:59
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Hoodwinker posted:This person is in no position to provide that constraint. Even if they were deathly afraid of bed bugs, or completely unable to transport a couch, they could still just grab a few junky wooden chairs to sit on for free. Or just keep renting a couch for $200 a month. You know, if this were an actual real person.
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Dec 12, 2017 17:02
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All this horse talk reminded me of my former colleague. In high school, she raised and trained show horses as a hobby in southern Illinois. I think she had a stable of four to six horses. When she went to pharmacy school, she sold off four of them to pay her way through school. Ended up with half the debt load of the average student. I asked her why she was so quick to sell off presumedly cherished horses. "They're work animals. They either work for me or I sell them to someone who makes them work." I naively asked who would pay such a price for a show horse. She looked me in the eye. "Never underestimate girls and horses."
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Dec 12, 2017 17:05
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DTaeKim posted:All this horse talk reminded me of my former colleague. In high school, she raised and trained show horses as a hobby in southern Illinois. I think she had a stable of four to six horses. When she went to pharmacy school, she sold off four of them to pay her way through school. Ended up with half the debt load of the average student. The answer to "If it wasn't for my horse I wouldn't have spent that year in college".
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Dec 12, 2017 17:23
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Uterine Lineup posted:The answer to "If it wasn't for my horse I wouldn't have spent that year in college".
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Dec 12, 2017 18:31
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I think it's Lisa Frank's fault. Those girls got too many unicorns and dolphins growing up.
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Dec 12, 2017 19:21
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April posted:https://www.reddit.com/r/personalfinance/comments/7iz13z/didnt_even_realize_i_was_digging_a_huge_hole/?st=jb2tzthb&sh=621f8599 April posted:https://www.reddit.com/r/personalfinance/comments/7j3e08/managing_unaffordable_monthly_payments_at_17/?st=jb2ujbad&sh=95b92f8b loving lol that this 17 year old has a job that pays literally twice as much per hour than the shameful 21 year old with 23 grand in debt.
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Dec 12, 2017 20:18
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Mezzanon posted:loving lol that this 17 year old has a job that pays literally twice as much per hour than the shameful 21 year old with 23 grand in debt. She makes $20/hour working in a horse barn. I guarantee it's a family friend overpaying her, because no one pays 17 year-olds $20 for any kind of work unless their name is Roy Moore.
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Dec 12, 2017 20:46
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Inept posted:She makes $20/hour working in a horse barn. I guarantee it's a family friend overpaying her, because no one pays 17 year-olds $20 for any kind of work unless their name is Roy Moore. 
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Dec 12, 2017 20:50
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MLMs are a perennial favorite BWM topic. I just discovered the anti-MLM subreddit. https://www.reddit.com/r/antiMLM/          https://www.reddit.com/r/antiMLM/comments/7bh4on/my_homeless_jobless_single_mother_sister_got/ My (homeless, jobless, single mother) sister got sucked into Younique (self.antiMLM) submitted 1 month ago by claragula quote:I cannot fathom the depravity of the woman who sold my sister her kit/the dream of Owning Her Own Business. She was a volunteer at the women’s shelter where my sister was staying and gave her a load of BS about how she could kickstart her life by selling Younique. My mom and I are in the process of trying to help my sister get her finances back together. The amount of stuff she has charged to her credit card for Younique is just disgusting. It took her a month to realize she’d been had, but not before making $500+ in purchases. She believed it was like “building inventory for a store”. How many people purchased from her? Two. Two people in one month. Those two people? They ALSO lived in the same women’s shelter with my sister.
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Dec 12, 2017 21:50
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Namaste.
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Dec 12, 2017 22:15
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http://dfw.cbslocal.com/2017/12/12/bitcoin-price-mortgage-homes-investment/ People are taking out mortgages on their homes to speculate on bitcoin. This will end well.
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Dec 12, 2017 23:39
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It's absolutely beautiful. edit: Take out a HELOC and use the record low mortgage rates to supercharge your bitcoin positions! Solice Kirsk fucked around with this message at 00:15 on Dec 13, 2017 |
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Dec 13, 2017 00:13
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You know when people said we were headed for another recession, I never imagined it would be triggered by dumb fake garbage money.
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Dec 13, 2017 00:20
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Hoodwinker posted:You know when people said we were headed for another recession, I never imagined it would be triggered by dumb fake garbage money. That’s how it happened before, why not repeat? I’m all in for mortgage-backed bitcoin credit default swaps as an investment vehicle.
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Dec 13, 2017 00:46
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Depending on how long before the crash, I might be able to get in on a foreclosure in a market where I would otherwise never have a chance of buying.
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Dec 13, 2017 00:54
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Hoodwinker posted:You know when people said we were headed for another recession, I never imagined it would be triggered by dumb fake garbage money. The Bit Short
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Dec 13, 2017 01:07
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Moneyball posted:The Bit Short I'm somewhere between  and  and 
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Dec 13, 2017 01:47
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Guest2553 posted:I'm somewhere between I concur.
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Dec 13, 2017 03:37
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Moneyball posted:The Bit Short Not an empty quote
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Dec 13, 2017 04:43
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https://www.reddit.com/r/personalfinance/comments/7je5ot/my_debt_situation_is_killing_my_girlfriend_and_i/quote:Hi, sorry for the long post but I'm gonna try to give you guys all the information you need. I live in Florida and my girlfriend and I are both 22/23 and are way in over our heads. Neither of our families want to help us, so that's out of the question. BWM: Taking out a $44,000 loan at 12% to get a $7,500 tax credit.
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Dec 13, 2017 16:14
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Buying a car worth more than your entire yearly gross income combined, yowza. How did he even get approved for that loan? Even though he's underwater, he's probably still best trying to sell it and get something cheaper used, but that is tough. Had a lot of coworkers talking about bitcoin yesterday, so that was fun. Had someone mention that a guy they know thinks he will have enough money for even his great grandkids. I hope he sells now before he gets stuck with worthless funny money. What do I know though, this thing might hit $25k.
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Dec 13, 2017 16:21
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Ebola Roulette posted:https://www.reddit.com/r/personalfinance/comments/7je5ot/my_debt_situation_is_killing_my_girlfriend_and_i/ BWM: A whole lot of people posting advice in that thread who think a $7500 tax credit means that the government simply writes you a check for $7500.
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Dec 13, 2017 16:41
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quote:Neither of our families want to help us quote:For everyone asking about rent and utility expenses, we have $0. We live with girlfriend's mother, who doesn't charge us anything. edit: oh my god, from a comment there quote:Edit: Looking through your post history... you literally said 3 months ago... "I tried explaining to her [your girlfriend] that she should only buy things she can afford instead of taking out a loan to buy something before she has the money for it".
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Dec 13, 2017 16:41
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Ebola Roulette posted:https://www.reddit.com/r/personalfinance/comments/7je5ot/my_debt_situation_is_killing_my_girlfriend_and_i/ That's the stuff
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Dec 13, 2017 17:07
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Ebola Roulette posted:https://www.reddit.com/r/personalfinance/comments/7je5ot/my_debt_situation_is_killing_my_girlfriend_and_i/ Ahahaha in the comments he says he drives for Uber and was spending $500 a month on gas with his Chevy Cruz, and his girlfriend's Mom's electricity is free, so he's obviously good with money there.
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Dec 13, 2017 17:19
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Buys brand new electric vehicle at 12%, takes a 5 figure depreciation hit off the bat, shits up his resale value even more by using it for Uber. The only way it could be better is if he used one of his credit cards to buy a horse trailer to tow behind it.
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Dec 13, 2017 17:24
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metallicaeg posted:Buys brand new electric vehicle at 12%, takes a 5 figure depreciation hit off the bat, shits up his resale value even more by using it for Uber. It's extra funny because he installed a charger in girlfriend's mom's house where he's living rent free. They can't afford rent anyway, but if they break up or if mom kicks them out, I doubt the place he goes next has access to a charger. Housing for people earning a combined $42k usually does not have such amenities.
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Dec 13, 2017 17:39
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A month ago he was giving someone advice on buying an electric car:quote:How many miles do you drive a day? Neither of those two cars you mentioned offer much range, so it really depends on how much you drive. quote:Trust me, I know how you feel. I wasn't a big fan of the exterior of the Bolt either but when you compare all the features, it wins hands down. It's like an affordable Tesla, plus the quick charge really helps. It ultimately depends on you though, I know the Bolt is more expensive but you get the 7,500 tax credit if you buy before December 31st! So...how did he end up spending $44k if he could find ones under 30k?  It sounds like car companies are deliberately preying on common misconceptions of how tax credits work though if they're pushing the "get a $7,500 tax credit if you buy before December 31!" angle
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Dec 13, 2017 17:40
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Enfys posted:A month ago he was giving someone advice on buying an electric car: 
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Dec 13, 2017 17:48
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It's even better. When asked whether his stated income was net or grossquote:Gross, since we have to report it on our taxes in January. Our jobs don't take away taxes. Square Peg fucked around with this message at 18:07 on Dec 13, 2017 |
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Dec 13, 2017 18:05
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Oh man, he has been hanging on to the idea that the government is going to pay him $7k in January and not only is he not getting it, he'll have to actually pay his missing taxes plus penalties. This guy is so hosed. I feel bad for the girlfriend here, who has apparently been throwing her income into trying to dig out his mess while also giving him a place to live and charge his millstone of a car. Fortunately her situation is much easier to solve.
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Dec 13, 2017 18:16
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How do people even manage to spend $250/mo on a cell phone bill these days? Cricket/Boost/etc pre-paid MVNO plans can be had for $50/mo unlimited everything. Even having a contract with a carrier with multiple lines, leasing phone(s), etc how the gently caress can you spend $3k/year on cell phones?
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Dec 13, 2017 18:17
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Sirotan posted:How do people even manage to spend $250/mo on a cell phone bill these days? Cricket/Boost/etc pre-paid MVNO plans can be had for $50/mo unlimited everything. Even having a contract with a carrier with multiple lines, leasing phone(s), etc how the gently caress can you spend $3k/year on cell phones? They financed new iPhones
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Dec 13, 2017 18:18
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"We have tried every financial plan on Earth but for some reason we can't seem to make this debt go down." Maybe he hasn't considered the financial plan of "spend less than you earn"? That one seems to work for most people. edit - Holy poo poo, he thinks an $850 car payment is "saving" money Q: Why the gently caress did you buy a 45k car ONE MONTH AGO when you were already tens of thousands of dollars in high interest credit card debt? A: Well, the car before this was $450 a month and about $500 in gas every month because I Uber a lot to make money, so my math was that I would be saving about $100 or so with the elimination of the gas expense. Teeter fucked around with this message at 18:26 on Dec 13, 2017 |
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Dec 13, 2017 18:20
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Enfys posted:They financed new iPhones I am still struggling to see how they are managing to pay Verizon $250/mo. Their site says $41.66/mo with $0 down over 24 months if you have great credit, or $24.99/mo with $400 down if you have poo poo credit. 0% APR too. Guessing they didn't have the cash to pay the $800 combined downpayment, that still doesn't account for $167/mo. I mean unless I ask them I'll probably never know what plan they have, it just blows my mind to know people are paying that much money in 2017 for cell service.
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Dec 13, 2017 18:24
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I'm looking forward to their wedding.
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Dec 13, 2017 18:26
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Sirotan posted:I am still struggling to see how they are managing to pay Verizon $250/mo. Their site says $41.66/mo with $0 down over 24 months if you have great credit, or $24.99/mo with $400 down if you have poo poo credit. 0% APR too. Guessing they didn't have the cash to pay the $800 combined downpayment, that still doesn't account for $167/mo. Who says they've finished paying off their old iPhones before adding the new ones lol
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Dec 13, 2017 18:28
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On a positive note, he can write off those phones as a business expense since he needs them to Uber. I am not a tax professional and my advice should not be trusted.
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Dec 13, 2017 18:29
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Rolling negative equity forward should be illegal it's just too predatory. I bet you they lease their furniture too
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Dec 13, 2017 18:31
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