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Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

Barry posted:

If she's in the fashion industry I doubt she's going to go budget balling at Uniqlo. That $325 is the entry point for fine dress shoes. Barely nice ones. Good luck to her.

Being an unpaid intern in the fashion industry in the first place is key BWM skills.

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DarkHorse
Dec 13, 2006

Vroom vroom, BEEP BEEP!
Nap Ghost

Thesaurus posted:

I didn't find it that terrible (the article, that is). Seemed to me a reasonable reflection on the danger and experience of a shopping addiction, how she was really bwm and squandered a real opportunity. I guess the nose job thing is bad, as is the fact that she claims she'd end up doing it again, but that's why it's part of an essay on having a shopping addiction.

I had a friend like that. He had big dreams and schemes but would get depressed and order a bunch of crap online, clothes, and things connected with the lifestyle he imagined himself leading. As a result he was always in debt and stuck in a cycle of poo poo jobs without really pursuing his plans. Extremely intelligent and talented person, too. Everyone who knew him thought he'd go on to great things one day. He eventually killed himself.

A shopping addiction is definitely a symptom of deeper issues, but in turn it just makes everything less manageable.
I think the issue is she doesn't realize or else accept that she has a shopping addiction. These are not the words of someone that has learned their lesson:

quote:

If I had the money now, I’m sure I’d still buy things—it’s my nature—but I’d also take advantage of that safety net. I’d make a move. I still will, it just won’t be as easy as it could have been.
I would have expected something along the lines of "I know now I can't trust myself with money I can access easily" or "I have to consciously work on my depression and my self-medication using shopping" but nope, I would still buy poo poo, but it would be better poo poo this time!

It reminds me of that lottery winner that bought mansion and a van, went to a bunch of strip clubs and casinos with briefcases full of thousands of dollars, lost several of them, then wrecked the van, then had to move out of the house because he was completely broke and declared bankruptcy. Even with all of the stuff mentioned, it only accounted for half of the money. When asked where the rest went, he said, "Oh, the rest I spent foolishly." Just a complete lack of awareness, and a pitiable one.

What makes that lady infuriating isn't the nose job, it's that she got great advice and proceeded to ignore it, and is now leeching off her father because of her complete lack of self-awareness.

DarkHorse fucked around with this message at 03:50 on Aug 2, 2016

Moneyball
Jul 11, 2005

It's a problem you think we need to explain ourselves.
Should have bought a Porsche.

SpelledBackwards
Jan 7, 2001

I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

I guess it's time for me to step up in the thread again. I was explaining to a friend that I have a close family member who's done some nice things for me over the years, using his network to get some autographed merchandise or show tickets for me. Probably a few hundred dollars worth over that time. I was complaining to her that I didn't have a similar network where I could really pay him back in some way that would be meaningful or valuable to him, so I felt like I was always mooching.

Well, lo and behold, he got into some hot water recently and needs a couple thousand bucks up front to cover some legal fees without taking a loan out. I decided I'd help him out. He says he'll pay me back at $x/month, and I think I have a decent shot at getting about half of it in total back, and getting all of it back is in fact a real possibility. Oh and another friend already did loan him the money, but he feels worse owing him than family, so basically I've bailed the friend out.

I wanted to finish paying off my mortgage this year, but this might delay it a couple of months into next year. Well, he can't say I didn't ever get him something in return. :classiclol:

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

Consider it a gift. Any money you get back is a windfall.

If you end up bitter about this, it's your own dang fault.

SpelledBackwards
Jan 7, 2001

I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

Not a Children posted:

Consider it a gift. Any money you get back is a windfall.

If you end up bitter about this, it's your own dang fault.

Yeah, I know that well enough from this thread. But I also know he won't ask for more if he doesn't pay this back all the way, and I'm ok with him taking a lot longer than he initially stated (if he does in fact attempt to pay me back). Eh, we'll see.

Zanthia
Dec 2, 2014
Helping out a family member who won't keep asking for handouts doesn't seem BWM. Just being a decent human being. :shrug: Even if you never get the money back, it sounds like the right thing to do.

Counter story: My uncle wanted to start a business, so he asked his kids if they'd help give him some money to start out. They asked for a business plan, wanted to be treated like investors, and wanted a say in how he ran the business. That's after 20+ years of him paying their living expenses, buying them new cars, putting them through college, and sending them on a couple of international trips when they were in college.

He basically put everything he had into trying to set them up well. I think they should've just given him the money and said "Good luck, have fun."

(There were other factors, like it's a business he already knew really well and could make a living with. Plus he's a workaholic who would definitely throw all of his energy into it, his kids are busy adults who wouldn't have time to help make business decisions, and they had the money.)

pig slut lisa
Mar 5, 2012

irl is good


Switchback posted:

What a shallow oval office.

IDK if this matters but I bet there are better, more respectful words to use than this

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog
What's with the disdain for nose jobs? They don't cost that much and they can have a significantly positive impact on your life.

They're not really that vain... I put it much closer to "acne treatment" than I would to "facial reconstruction surgery" on the cosmetic produce spectrum.

Baja Mofufu
Feb 7, 2004

pig slut lisa posted:

IDK if this matters but I bet there are better, more respectful words to use than this

Yes it does matter and thank you for saying something. Crap like that is the downside of reading financial forums as a woman.

For BWM:

Since I've had a kid and gotten to know other moms I've been invited to various local moms Facebook groups. One particularly active poster makes horrible financial decisions and has no trouble posting about it for all to see. In the few months I've been in the group she's complained about not being able to afford a full set of tires (needs them badly but can only get 2 for now), a new mattress, her rent, or her kids' birthday parties. Of course she somehow finds money to spend on Disneyland tickets, a whole bunch of kitchen gadgets on Amazon prime day, and all sorts of limited edition babywearing wraps.

Yes, if you can put your baby in it, there is a limited edition version of it that costs hundreds of dollars. The biggest ripoffs are the wraps, which are literally just pieces of fabric. Here's an example of a fairly cheap one. The weirdest part is that you can resell a used wrap for more than retail if it's a popular enough print. Because who doesn't want a stretched out piece of fabric that's been saturated in someone else's sweat, drool, and milk?

Shipon
Nov 7, 2005

Zanthia posted:

Helping out a family member who won't keep asking for handouts doesn't seem BWM. Just being a decent human being. :shrug: Even if you never get the money back, it sounds like the right thing to do.

Counter story: My uncle wanted to start a business, so he asked his kids if they'd help give him some money to start out. They asked for a business plan, wanted to be treated like investors, and wanted a say in how he ran the business. That's after 20+ years of him paying their living expenses, buying them new cars, putting them through college, and sending them on a couple of international trips when they were in college.

He basically put everything he had into trying to set them up well. I think they should've just given him the money and said "Good luck, have fun."

(There were other factors, like it's a business he already knew really well and could make a living with. Plus he's a workaholic who would definitely throw all of his energy into it, his kids are busy adults who wouldn't have time to help make business decisions, and they had the money.)

How is this unreasonable? Lots of families have been ruined by people who haven't a clue how to run a business yet think they have "great ideas" which turn out to be ridiculous and wasteful. Seems like forcing him to do a bit more due diligence in making a business plan and involving them in the business operations is perfectly reasonable. Or should we just let people start failing businesses right away because they're family?

Switchback
Jul 23, 2001

GoGoGadgetChris posted:

What's with the disdain for nose jobs? They don't cost that much and they can have a significantly positive impact on your life.

They're not really that vain... I put it much closer to "acne treatment" than I would to "facial reconstruction surgery" on the cosmetic produce spectrum.
Nah I disagree, but my problem isn't explicitly the nose job; it's everything about this awful materialistic person who felt that owning fashiony things made her valuable and wrote a post seemingly to brag that she can name drop another fashion blogger. She didn't even get the nose job, which may have had a positive impact on her life, instead she just wasted her inheritance on frivolous stuff. I bet her grandfather is real proud of that legacy.

She's by no means unattractive.

Baja Mofufu posted:

Yes it does matter and thank you for saying something. Crap like that is the downside of reading financial forums as a woman.
Welcome to Oz m8, I'm a woman, not sure what my insult towards one shallow blogger has to do with you. But I can stick to the dickbag/chode/rear end in a top hat male-oriented genital insults so I don't offend any women.

"My Girlfriend bought a Horse and i'm afraid she's going down-hill now. posted:

so as the Title says, my GF recently bought a horse. Shes into that kind of stuff and it was the #1 Wish on her list and there was literally no chance to talk her out of it.
Now here's the problem, she almost spent all the money on buying the horse and getting her equipment.
Another problem is, that she is quitting her job at the end of this month (i know right...) but already has a new one, the problem here is that the new employer is paying on the 15th, so she thinks shes not getting any money for the next 1 1/2 months.
Her bank account is now at 0 exluding the 500€ i gave her. So in theory shes -500.

The Horse bit itself to blood because it had some infection on the legs which the seller didn't told her too, it's called "Mauke" in german. She had to get the vet to cure her. Seller says that the horse got that while beeing transporter, our Vet says that this is impossible and had been there before. Can she get any financial advantage out of that? (insist on a discount or anything like that).
Later this year she has to pay off her car out of her contract, i don't know how much it is, i guess 5.000-6.000€, whould it be a good idea to get some extra money from the bank and use that to compensate the costs that she has right now?
The comments provided this funny article: http://www.returnofkings.com/16904/avoid-women-with-horses

Switchback fucked around with this message at 08:11 on Aug 2, 2016

Switchback
Jul 23, 2001

Keeping the content flowing so we don't get into any dumb derails

"bad situation regarding a Uber-related car loan. posted:

Currently, I am in a situation that I'm not sure to keep going with or should walk away. 6 months ago I signed up with the Uber leasing program and the lease is through Bama Commercial leasing out of Minneapolis, Minnesota and It is $160 a week to lease a 2016 Toyota Camry SE. The terms for the lease are a background check and a credit check plus a 1 time non refundable down payment for $200. This covered the tag and registration.

Before making the down payment, I had to have just a basic PIP insurance in order to be able to drive the car off the lot. The first insurance I called was geico who I had been a good customer for 7 years. The girl on the phone asked me if I was going to be using the car for commercial use and I told them yes that I was becoming an uber driver and I got a new vehicle through Bama commercial leasing and that I just needed a basic insurance because uber provides a liability insurance when the uber app is on. Geico then told me they would put me on hold and transfer me to their commercial department which is then when their supervisor told me they do not have an insurance coverage for uber drivers and that they must assume that any vehicle I try to insure will be for ubering so they would have to discontinue business with me altogether.
I then called up progressive to try to get insurance but this time didn't tell them I was going to uber and I was able to get insured will a full coverage policy. I was able to drive the car off the lot from the north Miami Toyota dealership who is the only dealership to provide such a leasing program at the time. That is when I started working for uber because I now had a vehicle.

I then received a notice in the mail from progressive 3 months later stating that they will be dropping my insurance in a month on May 28, because they found out I was an uber driver through acknowledgement of Bama Commercial leasing and they are associated with leasing to uber drivers. So as the date got closer, I was trying to find a proper insurance so I could continue driving for uber and driving my new car. I was only able to find two insurance providers, one I forgot the name of and was the most expensive of the two and the other one was called American Global insurance that provided a uber policy for about $350 a month but only covered liability, not collision. I was then informed by Bama leasing that they are aware that my insurance was being dropped as of May 28, 2016, and that they can provide me a collision insurance until I am able to find an insurance provider because if I didn't have any type of insurance then I wouldn't be able to drive the vehicle.

So the total would have been roughly $1200 a month to drive the new car with the proper insurances. But at the time I didn't have the money, I kept pushing off getting the proper insurance and also pushing off working for uber because I didn't want to be driving people around illegally. And the reasons why I didn't just give the car back was because I caused some minor Damage to the rear bumper that I would have had to pay for. So I was in a jam, as the weeks went by, fees started to add up. I finally told myself I'm going to just have to take a chance and grind out the hours and knock the payments even if I didn't have insurance because I was behind two months on the vehicle.

I then left my friends house and noticed my car was gone. Unfortunately, it was repossessed and the total that I owe is $2400 because of the 8 weeks of non payment that included the collision insurance plus a $635 repossession fee. So I'm wondering, should I try to manage to get the car back or is this a scam from the beginning? Is there an easier option? What will happen to my credit? Please, anything helps.

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.

Switchback posted:

Keeping the content flowing so we don't get into any dumb derails

Wow, Bama and UBer have got this poo poo down, it's amazing. Thy don't even need fares to make money at this point.

Although what the gently caress, $160 a week to lease a base model Camry. That's an expensive loving Camry.

Tyro
Nov 10, 2009

FrozenVent posted:

That's an expensive loving Camry.

Not the most expensive Camry lease we've seen on these forums, but drat that's pretty bad.

e: Nope that was an Altima. Not a Camry. Still hilarious.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22
It's not quite as bad as Altima Guy anyway because you can't compare to normal mileage limited leases - I am sure that the Bama lease is unlimited/extremely high limit mileage since the vehicle is for commercial purposes. However, you can finance Camry outright no money down 0% interest for terms of up to 72 months through Toyota's captive finance arm so yeah that lease-to-uber concept is really BWM even ignoring insurance issues.

pig slut lisa
Mar 5, 2012

irl is good



Oh god, I agree with ROK about something :smithicide:

pig slut lisa
Mar 5, 2012

irl is good


Also, re: the Uber lease, I wonder how badly and how often Geico got burned before their policy became "if you even ask about getting insured as an Uber driver we're blacklisting you"

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer

pig slut lisa posted:

Also, re: the Uber lease, I wonder how badly and how often Geico got burned before their policy became "if you even ask about getting insured as an Uber driver we're blacklisting you"

I think it's pretty standard for insurers to assume if you're asking about something, then you are already doing it.

A cousin had some poo poo happen with her insurance and my wife asked me to call up our insurer to ask hypothetically what would happen in that situation. Yeah, don't do that. Don't ever call your insurer about hypothetical questions.

BEHOLD: MY CAPE
Jan 11, 2004

pig slut lisa posted:

Also, re: the Uber lease, I wonder how badly and how often Geico got burned before their policy became "if you even ask about getting insured as an Uber driver we're blacklisting you"

Not very, because having a free out to deny claims while getting paid premiums is pretty convenient. It's probably not worth the hassle of dealing with the hypothetical liability of that tiny fraction of their customer base, though.

BEHOLD: MY CAPE
Jan 11, 2004

KYOON GRIFFEY JR posted:

It's not quite as bad as Altima Guy anyway because you can't compare to normal mileage limited leases - I am sure that the Bama lease is unlimited/extremely high limit mileage since the vehicle is for commercial purposes. However, you can finance Camry outright no money down 0% interest for terms of up to 72 months through Toyota's captive finance arm so yeah that lease-to-uber concept is really BWM even ignoring insurance issues.

That's true, but people needing to buy an uber qualified car so they can uber for a living probably aren't your typical premium tier credit new car purchasers

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

Krispy Kareem posted:

I think it's pretty standard for insurers to assume if you're asking about something, then you are already doing it.

A cousin had some poo poo happen with her insurance and my wife asked me to call up our insurer to ask hypothetically what would happen in that situation. Yeah, don't do that. Don't ever call your insurer about hypothetical questions.

Yeah, brokers are good for laundering questions.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

BEHOLD: MY CAPE posted:

That's true, but people needing to buy an uber qualified car so they can uber for a living probably aren't your typical premium tier credit new car purchasers

Uber qualifications aren't even that stringent but yes, if you plan on Uber as a career you are probably already hosed.

SiGmA_X
May 3, 2004
SiGmA_X

Krispy Kareem posted:

I think it's pretty standard for insurers to assume if you're asking about something, then you are already doing it.

A cousin had some poo poo happen with her insurance and my wife asked me to call up our insurer to ask hypothetically what would happen in that situation. Yeah, don't do that. Don't ever call your insurer about hypothetical questions.
Story, please.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer

SiGmA_X posted:

Story, please.

No story, because I wasn't stupid enough to call my insurer.

Essentially my cousin who lives with us hit another car in a QuickTrip parking lot going 5 mph. The cops came, the other people refused medical attention and all was fine. Now they are claiming bodily injury and her insurance is paying out thousands of dollars no questions asked.

So my wife wanted me to call our insurance company and ask why happens if I hit another car.

BeastOfExmoor
Aug 19, 2003

I will be gone, but not forever.

Baja Mofufu posted:

The weirdest part is that you can resell a used wrap for more than retail if it's a popular enough print. Because who doesn't want a stretched out piece of fabric that's been saturated in someone else's sweat, drool, and milk?

Counterpoint, my wife made several thousand dollars flipping some specific baby wearing item on Facebook. They sold new for about $200, but sold out immediately and were immediately worth at least $300. GWM for me.

The whole scene was incredibly BWM though. People expected to be able to resell their items for what they payed plus shipping and would freak out when the market would occasionally tank. Keep in mind many of these women owned many thousands of dollars worth of this poo poo.

Barry
Aug 1, 2003

Hardened Criminal

Baja Mofufu posted:

Yes, if you can put your baby in it, there is a limited edition version of it that costs hundreds of dollars. The biggest ripoffs are the wraps, which are literally just pieces of fabric. Here's an example of a fairly cheap one. The weirdest part is that you can resell a used wrap for more than retail if it's a popular enough print. Because who doesn't want a stretched out piece of fabric that's been saturated in someone else's sweat, drool, and milk?

lol wtf. I have as many stupid hobbies with overly expensive crap as the next person but holy crap used limited edition baby wraps.

Florida Betty
Sep 24, 2004

Barry posted:

lol wtf. I have as many stupid hobbies with overly expensive crap as the next person but holy crap used limited edition baby wraps.

Limited edition Professor Snape-themed baby wraps.

quote:

We would like to introduce “Always”, an exclusive wrap in memory of our beloved Professor Snape. We wanted a design that would encompass all of the complexities of Professor Snape and why we loved him. We thought the best way to do this was through color.

It starts with black because it reminds everyone of him. It then transitions to Slytherin colors because it was a huge part in his life, then into him finding Lily and the moment he changed his life, then to his patronus that also signifies how he helped Harry with the sword of Gryffindor, then to the memory that Harry saw in the pensieve that explained "Always", then to the two does signifying Snape and Lily reunited and finally to seeing Dumbledore again.

Series DD Funding
Nov 25, 2014

by exmarx
I actually tried to get a quote from my insurer (GEICO) about Uber because it came up a while ago itt and I was curious just how expensive it was. An agent called and badgered me for a bit but nothing happened to my policy :shrug:

Moneyball
Jul 11, 2005

It's a problem you think we need to explain ourselves.
Selling a few dollars worth of fabric as luxury baby wraps: GWM

At the risk of sounding like a terrible 90s comedian, I never heard of a baby wrap. We just had blankets and towels when I was a kid.


e: What's the deal with airline food?

paperchaseguy
Feb 21, 2002

THEY'RE GONNA SAY NO

Switchback posted:

Welcome to Oz m8, I'm a woman, not sure what my insult towards one shallow blogger has to do with you. But I can stick to the dickbag/chode/rear end in a top hat male-oriented genital insults so I don't offend any women.

MrKatharsis
Nov 29, 2003

feel the bern
The title says it all:
98 year old boat steals owners heart and life savings


edit: VVV doh, you're right...I didn't scroll back far enough

MrKatharsis fucked around with this message at 03:15 on Aug 3, 2016

Devian666
Aug 20, 2008

Take some advice Chris.

Fun Shoe

I thought this was raised earlier, but no matter that article is perfect as he has nothing to show for all that money except a boat that isn't seaworthy. I hope they do give him a month to finish the boat, so that I can read an article about it sinking as soon as it touches the water.

Shame Boy
Mar 2, 2010

Devian666 posted:

I thought this was raised earlier, but no matter that article is perfect as he has nothing to show for all that money except a boat that isn't seaworthy. I hope they do give him a month to finish the boat, so that I can read an article about it sinking as soon as it touches the water.

A boat that isn't seaworthy and his nautical garbage chrysalis, don't forget that!

Centripetal Horse
Nov 22, 2009

Fuck money, get GBS

This could have bought you a half a tank of gas, lmfao -
Love, gromdul

I thought that said, "98-year-old steals boat owner's heart and life savings," which, frankly, is a better story.

Nail Rat
Dec 29, 2000

You maniacs! You blew it up! God damn you! God damn you all to hell!!
Not really because a boat owner doesn't have life savings(anymore).

El Mero Mero
Oct 13, 2001

So the AARP is trying to encourage retirees to start small businesses, which is BWM on a macro-scale. hmmm, yes. Let's encourage people living on a fixed income with few options for recovery from financial ruin to dive into the exciting world of start-up failure!

SpelledBackwards
Jan 7, 2001

I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

Why let the government constrict your creative output and earning potential? Be your own boss, take the reigns of your destiny, and take out a reverse mortgage to let your REAL retirement dream take hold!

Cactus Ghost
Dec 20, 2003

you can actually inflate your scrote pretty safely with sterile saline, syringes, needles, and aseptic technique. its a niche kink iirc

the saline just slowly gets absorbed into your blood but in the meantime you got a big round smooth distended nutsack

FrozenVent posted:

Wow, Bama and UBer have got this poo poo down, it's amazing. Thy don't even need fares to make money at this point.

Although what the gently caress, $160 a week to lease a base model Camry. That's an expensive loving Camry.

Most of those rideshare-oriented leases are ~2500 miles a month. $160 a week would be about what you'd be paying on a dealership lease for that kind of mileage, and that's after the $4-7k down the dealer would want. Putting that kind of mileage on a car isn't cheap no matter how you do it.

And yeah, the Mister Perfect Credit advertised dealer financing rates are not at all, not even close to what most folks doing this kind of work would qualify for.

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Devian666
Aug 20, 2008

Take some advice Chris.

Fun Shoe
It turns out that if you take $150m out of a business that it will most likely go into receivership.
http://www.stuff.co.nz/business/world/82790185/pankaj-and-radhika-oswal-went-on-37m-spree-with-company-money-court-told

quote:

The Oswals claim they are owed up to $2.5 billion from the ANZ Bank after their majority stake in the Western Australian-based Burrup Fertilisers was allegedly sold below its value by receivers from PPB appointed by the bank.

The bank and receivers deny this allegation. It is alleged the Oswals misappropriated more than $150 million in total from Burrup Fertilisers before ANZ appointed receivers in late 2010.

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