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Sarcasmatron posted:When I was 22, I spent 3 days there with my g/f and 2 of her stripper friends, all of whom were on MDMA the first two days and drunk the entire time. I was sober. I think you need to expand on this story.
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Feb 5, 2015 04:22
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Mocking Bird posted:I'm going to guess they missed a month's rent here and there every year since they moved in and when they began paying rent again, they didn't pay off the balance. So if you miss every fourth payment... You'd have to stay at the same place for about a hundred months, missing every fourth rent payment, and never getting evicted this entire time. We're talking eight plus years, and a landlord who's willing to forego late rent for that long a time. Story doesn't make sense.
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Feb 5, 2015 04:23
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cowofwar posted:Wait, you went to Disneyworld with your husband and and no children? True Story : I loving hate the tropics and beaches. I'm pale, I need places to hide, I'm allergic to most sunscreens. We've visited a ton of great Northern cities and some of Europe. I had always been a bit curious about Disney and he loves it so we did his birthday there. We did a ton of adult stuff like the epcot beer and wine fest, Swan and dolphin beer and wine fest, we are big on food experiences and Victoria and alberts was probably worth the whole trip. However the parks themselves... Eh.
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Feb 5, 2015 05:02
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Sarcasmatron posted:When I was 22, I spent 3 days there with my g/f and 2 of her stripper friends, all of whom were on MDMA the first two days and drunk the entire time. I was sober. Sounds fun for the girls but why were you sober? I hate being the only sober one in a group of drunk or high people who are having a blast.
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Feb 5, 2015 05:12
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nickutz posted:Sounds fun for the girls but why were you sober? I hate being the only sober one in a group of drunk or high people who are having a blast. Because I don't drink or get high anymore. In any event, I had a blast.
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Feb 5, 2015 05:15
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Our landlords are family friends That's how
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Feb 5, 2015 05:37
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These posts are insane. I though I was bad with $2,000 in credit card debt and building student loan debt now. Even when I'm done it's only looking to be around $25,000 in debt total. The hardest part is going to be finding a job as a 30 year resent collage grad that lives in small town USA. would move to the city but the GF/mother of my son owns a house next to here parents and that is not getting sold for us to move anytime soon (they helped to buy it and fix it up). Plus jobs are getting harder and harder to find in my area you see houses going up for sale all over from coal miners having to relocate to find work. I don't miss the moving around from that job how ever i do miss the $25+/hr. with full benefits payed for by the company including 3 weeks vacation. drat I wish I had invested a third of the money I made back then.
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Feb 5, 2015 05:50
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My kid had a friend whose mom was obsessed with Disney. Had fake Micky Mouse topiary in her yard and her house was crawling with every imaginable plush or vinyl Disney character. Like 3 curio cabinets between the kitchen and living room stuffed with poo poo. Not to mention crap on every flat surface. The father traveled a lot for work. Every day in a crowded airport or lovely hotel must have been pure bliss for him. Inept posted:http://www.reddit.com/r/personalfinance/comments/2urze6/i_am_12k_behind_on_rent_and_need_serious_help/ They've lived there 8 years and haven't paid rent in 2 years. Landlords are family friends. I'm going to make a wild guess there isn't a lease (or if there was it's since expired). The landlord could sue, but that's more than most Small Claims limits so they'd need a lawyer. Plus they waited two years and there probably isn't a valid lease. So that guy just got away with 2 years of no rent. Officially GOOD with money. Granted now they have to move somewhere that requires rent.
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Feb 5, 2015 06:10
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Bigfabdaddy posted:These posts are insane. I though I was bad with $2,000 in credit card debt and building student loan debt now. Even when I'm done it's only looking to be around $25,000 in debt total. The hardest part is going to be finding a job as a 30 year resent collage grad that lives in small town USA. would move to the city but the GF/mother of my son owns a house next to here parents and that is not getting sold for us to move anytime soon (they helped to buy it and fix it up). Plus jobs are getting harder and harder to find in my area you see houses going up for sale all over from coal miners having to relocate to find work. I don't miss the moving around from that job how ever i do miss the $25+/hr. with full benefits payed for by the company including 3 weeks vacation. drat I wish I had invested a third of the money I made back then. What was the point of getting a degree if you can't go to the jobs to use it? Don't let your career be dictated by circumstance. You've gotta make your own opportunities, and what you do now will set the stage for yourself going into your peak earning years.
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Feb 5, 2015 06:19
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Not a Children posted:What was the point of getting a degree if you can't go to the jobs to use it? Don't let your career be dictated by circumstance. You've gotta make your own opportunities, and what you do now will set the stage for yourself going into your peak earning years. Currently I'm close enough to a few "populated" areas to commute to work everyday. Willing to do it now but have only been called back by places offering minimum wage and that wont cover child support to my ex-wife+gas+food+everything else needed for the month. Plus there are a few places in my town that do computer networking which is what my degree is in. I am also self learning computer programming and already have a get hub account to possibly make some money on the side if not become my main income. Once I do start working I plan to get a budget made by that one goon. Hopefully this will help me to accomplish the thing i want to do in the future including paying off all my debt way faster than what my loans and such claim in can be done in while maintaining a better way of life than i am currently able to do on my own. Bigfabdaddy fucked around with this message at 06:27 on Feb 5, 2015 |
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Feb 5, 2015 06:24
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Bigfabdaddy posted:Currently I'm close enough to a few "populated" areas to commute to work everyday. Willing to do it now but have only been called back by places offering minimum wage and that wont cover child support to my ex-wife+gas+food+everything else needed for the month. Plus there are a few places in my town that do computer networking which is what my degree is in. I am also self learning computer programming and already have a get hub account to possibly make some money on the side if not become my main income.
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Feb 5, 2015 06:55
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SiGmA_X posted:Why don't you start with going to this thread and making your own budget? Hmmm, didn't know that thread was there to be honest. Thank you for pointing it out. Lots of ideas already.
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Feb 5, 2015 08:12
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Bigfabdaddy posted:Hmmm, didn't know that thread was there to be honest. Thank you for pointing it out. Lots of ideas already.
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Feb 5, 2015 09:08
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I really don't want to start a huge derail but you do NOT need a $25,000 degree to go into computer networking...
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Feb 5, 2015 12:33
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On the $12k rent guy, maybe that figure includes fines and interest? edit: or maybe the landlord just made it up, considering these people clearly have no idea of their own debt jaymeekae fucked around with this message at 12:57 on Feb 5, 2015 |
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Feb 5, 2015 12:47
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jaymeekae posted:On the $12k rent guy, maybe that figure includes fines and interest? I'm betting it's legitimate. They probably just hesitated to notify them earlier because it's their best friend's dumbass kid or something.
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Feb 5, 2015 15:36
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I just can't get over that one, because they spend almost their rent each month on cigarettes. If you read the comments she says it goes to cigs, vacations, iTunes games... I really think she's painting a rosy picture. I'd bet almost 100% they knew what they were doing and that they were stealing/taking advantage. I doubt they knew the figures, but they absolutely had to know they weren't doing the right thing. I've had family members exploit generosity like that and while they weren't keeping track, they certainly knew. Thankfully it was just a gas card so maybe a few hundred bucks, but the same principle.
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Feb 5, 2015 15:39
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http://www.reddit.com/r/personalfinance/comments/2uv3sy/question_is_it_possible_for_a_family_of_4_to/ posted:I'll be 47 this year and have a decent nest egg in an ESOP account averaging a rate of return of roughly 18%. My ESOP would be paid out over a 10 year period while hopefully still averaging around 18% as I take disbursements. I would reinvest most (75%) of the money from those disbursements for the first 5 years. Of note: I have two younger kids and a significant other to provide for. We actually live fairly frugally right now with over half of our $50K annual income going towards housing/utilities. Outstanding debt (aside from mortgage) comes in at $20K. If we were to use the equity in the house we currently live in, we could potentially buy a smaller house with more property and use solar for most of our energy needs. If housing and and electricity costs were no longer a concern and debt were eliminated, would it be possible to live off $25K for approximately 5 years? What if I took double that amount ($50K) after the first 5 years and reinvested the other $50K+ each year? Which states are tax-retirement friendly for early retirees? How can I do this without the IRS taking a huge chunk of my nest egg? What kind of income/nest egg am I looking at down the road? Where should I reinvest the bulk of my initial disbursements? Help me come up with a realistic game plan. Any advice is appreciated (even playing the Devil's advocate). Thanks in advance for any and all helpful input. This one might be a troll, but he's claiming that he's been getting ~20% returns on his ESOP for the past 20 years and wants to know if he can retire now by going off the grid in a low-tax state. Lots of pie-in-the-sky thinking, absolutely zero numbers to back it up.
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Feb 5, 2015 16:14
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SiGmA_X posted:Im glad to point you toward it, that's what BFC is for - Goons helping Goons get ahead in their financial life, and avoid becoming Bad With Money poster children like SloMo! I only wish I had been smarter with my money when i was making $25+ and hour. I might not have to work at this point. HAHAHA
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Feb 5, 2015 18:02
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Not a Children posted:This one might be a troll, but he's claiming that he's been getting ~20% returns on his ESOP for the past 20 years and wants to know if he can retire now by going off the grid in a low-tax state. Lots of pie-in-the-sky thinking, absolutely zero numbers to back it up. The comments are good in this one too, the OP gets indignant and argues with anyone that doesn't reaffirm their plan.
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Feb 5, 2015 18:43
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https://www.reddit.com/r/personalfinance/comments/2uvz8z/i_am_20_years_old_70k_in_debt_and_make_about/?sort=confidence posted:
In the comments the OP reveals that the $70k was for an associates degree.
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Feb 5, 2015 18:49
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turevidar posted:In the comments the OP reveals that the $70k was for an associates degree. The poor, stupid guy is putting half of his income pre-taxes just to make the minimum payments. Assuming he manages to ever pay it off he's going to end up paying over a hundred grand for an associates degree.
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Feb 5, 2015 19:04
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turevidar posted:In the comments the OP reveals that the $70k was for an associates degree.
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Feb 5, 2015 19:09
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$70k is tuition for an MBA at the top public schools, and that guy spent it for an associates at a for-profit degree mill. 
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Feb 5, 2015 19:33
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SiGmA_X posted:Woooooow. I paid around $10k for my first ~120 credits at a community college... Books and all... If I wanted an Associates vs just credit transfer to university, same cost, slightly different class load. You Americans are crazy. I took 6 years to do my undergrad (class of 2004) away from home and did 3 years of law school (class of 2008), also living away from home. I worked $15/hr part time during school, full time in the summers, applied for scholarships bursaries and came out of it with $23,000 in loans. 
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Feb 5, 2015 19:45
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SiGmA_X posted:Woooooow. I paid around $10k for my first ~120 credits at a community college... Books and all... If I wanted an Associates vs just credit transfer to university, same cost, slightly different class load. I thought most universities would only accept about 60 to 75 credits from a community college towards a bachelor's? Unless credits work differently where you are.
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Feb 5, 2015 19:46
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Mantle posted:You Americans are crazy. I took 6 years to do my undergrad (class of 2004) away from home and did 3 years of law school (class of 2008), also living away from home. I worked $15/hr part time during school, full time in the summers, applied for scholarships bursaries and came out of it with $23,000 in loans. Armacham posted:I thought most universities would only accept about 60 to 75 credits from a community college towards a bachelor's? Unless credits work differently where you are. I'm in Oregon so we use quarter credits - in semester credits it would be ~83cr. I just checked and the Oregon University system allows 124 quarter credits to transfer. SiGmA_X fucked around with this message at 19:53 on Feb 5, 2015 |
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Feb 5, 2015 19:48
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More a story about people trying to make me become bad (worse?) with money, but here goes: Next year I'll be starting my first real job. It pays well but its in a somewhat expensive city - I'll probably be looking at 1200-1600 in rent for a 1 bedroom apartment (bad with money?). Guess what my parents want me to do? Buy a condo.  Then buy a house in a few years and rent out the condo. 
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Feb 5, 2015 19:58
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You're probably best off getting a 2br with a roommate, or a 3br even. 1Br is the worst "value" for apartments, since adding a second or third bedroom doesn't double the price.
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Feb 5, 2015 20:09
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SiGmA_X posted:Dang! Were you paying for school in addition to scholarship and loans? Either way, 23k in loans for a law degree in the USA would be missing a zero! Yeah, my jobs were able to pay 100% of my undergraduate tuition AND living costs-- I forgot to mention that I did work two coop terms in addition to my summer jobs. The $23k was entirely from my law degree and I did have to liquidate all of my savings (from my coop jobs) so I had -$23k net worth immediately after graduating. I'm the most frugal out of all my law school peers. The ones that I've talked to graduated with $80-100k in loans so they could pay $1100/mo in rent to live in trendy areas of town. I lived with roommates and in shared housing. Oh some other cool things that I did in university for cheap/free: Lived in Taiwan for a year on exchange Lived in Taiwan for another year on a full ride scholarship from the Taiwanese Ministry of Education (tuition, living expense covered) Lived in Singapore for a year on exchange, $15k scholarship that basically covered all expenses Just shows that being good with money doesn't mean you have to have a miserable experience in life.
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Feb 5, 2015 20:12
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Mantle posted:Yeah, my jobs were able to pay 100% of my undergraduate tuition AND living costs-- I forgot to mention that I did work two coop terms in addition to my summer jobs. The $23k was entirely from my law degree and I did have to liquidate all of my savings (from my coop jobs) so I had -$23k net worth immediately after graduating.
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Feb 5, 2015 20:22
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VostokProgram posted:More a story about people trying to make me become bad (worse?) with money, but here goes: Whatever you do do not buy that loving condo and tell your retarded parents to go to hell. I listened to mine and I'm finally moving to an apartment in 2 months...eating a 48k loss on the condo from age 26 to 31. gently caress you, dad.
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Feb 5, 2015 20:24
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I gave up a $65k salary to become a janitor making ~20k a year. Someone tell me I'm not crazy.quote:I had a high paying job as a chemical engineer, but hated everything about it. I was competent and accurate in everything I did, and I was good at it. But I hated everything about the job, what it did to me mentally, physically, and emotionally, and just couldn't do it anymore. I quit on a whim and now I'm a janitor at a grocery store, but I'm happier than I've ever been. The loss in salary is a pretty heavy hit, but I'm trying to find the positive in what I did. Please, tell me I'm not stupid in doing what I did. Or if it was a stupid move, tell me that I'm trying to make sense of my impulsive decision. I don't even know what to say.
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Feb 5, 2015 20:30
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Lblitzer posted:I gave up a $65k salary to become a janitor making ~20k a year. Someone tell me I'm not crazy. quote:I'm going to culinary school, I'm passionate about creating awesome food Ah, yes, "follow your dreams."
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Feb 5, 2015 20:33
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Lblitzer posted:I gave up a $65k salary to become a janitor making ~20k a year. Someone tell me I'm not crazy. I wonder how much savings he has
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Feb 5, 2015 20:33
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VostokProgram posted:Guess what my parents want me to do? Parents are from this lost time that no longer exists. You calculate what you can afford, not just do things without thinking.
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Feb 5, 2015 20:36
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SiGmA_X posted:Very bright of you! My employer only will pay $2500/yr toward a masters...that *almost* covers one term at the local public school. Fuckers. The CEO justified why to everyone yesterday at a Q/A session - too many useless classes were taken that don't apply to the company. Which is BS because the same class/degree-relating-to-job-path rules have been in place for a decade+, back when they paid $7500/yr and local public undergrad was at about $6k/yr... Oh another good with money thing I tell my school age cousins is-- JOIN THE ARMY RESERVES! Note that this doesn't mean you have to join a combat arms unit, or even the Army per se (Air Force and Navy is also an option). You get $2000/year in tuition reimbursement, flexible part time employment during school, full time employment (training) in the summers, and full time employment after school, if you want it. Otherwise you can keep doing it part time working around your civilian job. Also because it's reserves you can say no to being deployed. If you're smart you picked a trade that's related to your civilian employment so you get symbiotic networking benefits.
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Feb 5, 2015 20:42
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Lblitzer posted:I gave up a $65k salary to become a janitor making ~20k a year. Someone tell me I'm not crazy. From what he described he probably would have gone insane, and some people aren't suited to the stress of an engineering design office. He should have moved companies to find one with better hours. An 8 or 9 hour day of dealing with intense people and situations while trying to get engineering designs done is difficult enough without ridiculous hours. Too bad he didn't find a better job elsewhere in a company structure that would've suited him better. Now potential employers will think he became a janitor because he had no choice.
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Feb 5, 2015 20:45
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Mantle posted:Also because it's reserves you can say no to being deployed. Uh...I don't think that's true
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Feb 5, 2015 20:47
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EugeneJ posted:Uh...I don't think that's true It's Canada. We aren't sending our reservists to war.
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Feb 5, 2015 20:53
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