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Other "emergencies" you aren't prepared for: car repairs, getting engaged, getting married, etc. Those things can cost lots of money and an overall savings fund can help lessen the blow when they pop up.
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Aug 20, 2011 15:12
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CornHolio posted:I wouldn't call getting engaged or getting married an emergency. I mean hopefully you know in advance when those are coming so you can plan accordingly. That's why I listed "emergencies" in quotes. It's not an emergency, but it is an expensive life event and why it is a good idea to have money in the bank.
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Aug 20, 2011 16:58
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Be lucky you aren't like me - allergic to whey. I threw up the last time I had protein powder made from whey, and even a bite of my wife's protein bars made my throat swell nearly closed. Thankfully, soy protein powder is still available and doesn't try to kill me.
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Aug 24, 2011 20:56
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I buy the Champion C9 brand of clothing (at Target) that is very similar to the stuff Under Armour makes. So far, that stuff has held up to mountain biking, running, rock climbing, whitewater rafting, and everything else I throw at it. Granted, some of my shirts have some minor pulls in them from catching it on sharp things, but overall the stuff performs very well. If you can time it right and buy stuff that's on clearance you can save a ton, especially compared to Under Armour. I bought most of the shirts for around $5-7, and the underwear is about $5/pair. I'm financially solvent and could afford the top of the line sports wear, but since I just get it dirty and smelly I decided to buy the cheap stuff and it holds up great. Even if I had to replace it twice as often I would still be saving money.
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Sep 1, 2011 13:23
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It's just a suggestion. Your debt wasn't created by a single event, that "ocean" was created drop by drop. Now it's time to start bailing out the water, and that may mean you need to make certain cuts. I can understand wanting to wear nice underwear, but maybe there's other ways to cut back?
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Sep 1, 2011 14:10
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What should you do? Plan ahead, set aside money for the trips and cut back in other areas to pay for it (maybe decreasing the amount of cigs you buy for instance). What are you really going to do? Live life like normal, because you don't understand that you are less than broke. You're going to spend and do fun things and put off actually taking an active role in getting rid of your debt. Nocheez fucked around with this message at 16:55 on Sep 1, 2011 |
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Sep 1, 2011 16:52
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Don't you all get it? He's willing to do anything at all and live like a hobo to get his debt under control. Wait, you want him to actually sacrifice? You fools!
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Sep 1, 2011 19:15
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Third Murderer posted:This thread will continue until April 1, 2012, when Cornholio will reveal that tuyop is really just his gimmick account. I was just thinking that this guy sounds exactly like Zaurg, down to the stupid rationalizations and such.
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Sep 2, 2011 02:21
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sanchez posted:Oh, I figured it was something fast, probably the combination of military+everyone acting like the car was extravagant.
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Sep 14, 2011 13:44
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I'm not calling bullshit yet, but the timing of it all is just too good.
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Sep 15, 2011 13:54
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It sucks, but lessons like this teach you more than any of us ever could. I hope it all gets fixed quickly for you!
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Oct 8, 2011 19:16
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People growing up before our eyes ITT. Good on you for choosing to quit, I hope it goes well for you.
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Nov 4, 2011 13:31
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I thought I was doing pretty well, socking away money and paying down extra on my home while also putting my wife through her BSN. She works currently, which is good news because I just found out my position is being moved to Ohio. There may be other openings here, but I'm pissed because I moved down from Ohio 7 years ago because my position there was being moved out to the field office locations. I thought I was in one of the most secure positions within the company, but I'm glad I wasn't living at my earning limit. Worst case scenario we should have enough money in savings to live for nearly 2 years on my wife's income alone. You're not alone in Bad poo poo Happening™, but this is why everyone says you need an emergency fund and to be prepared for the unknown. This is not necessarily for you Tuyop, but anyone reading this who thinks they are in an untouchable position. Nocheez fucked around with this message at 14:34 on Nov 15, 2011 |
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Nov 15, 2011 14:27
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Brakes are generally one of the easiest and cheapest jobs in car maintenance. With a socket set and a borrowed brake repair kit (you can rent them for free from Autozone and other stores with a deposit) you can do the job in around a half hour a side. Parts are usually pretty cheap too, if you're just replacing the pads.
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Jan 7, 2012 02:02
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Our Gay Apparel posted:We don't always get to do what we want. On top of that, you've now burned bridges that could've taken you towards a place you might have wanted to go in the future. I don't want to pile on, but I hope you learn that doing what feels best for the immediate or short-term periods will have effects far beyond them.
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Apr 25, 2012 14:04
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Fluffy Bunnies posted:
He doesn't have bad luck. He's an unsafe driver.
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May 25, 2012 20:55
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Zeta Taskforce posted:Did I just read that you are for all intents and purposes homeless, and for some reason you go out and buy kitchen appliances? Also, does "kitchen appliances" mean the same thing in Canada as the US? (i.e. a stove, refrigerator) He said "brought" not "bought."
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Sep 18, 2012 13:13
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You need to be an active participant in your own rescue, Tuyop. People are throwing you ropes, but it's up to you to grab on.
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Sep 20, 2012 19:43
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Also, you can't drop insurance on the car since it is owned by the financier.
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Oct 14, 2012 14:15
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tuyop posted:Even if I just take the wheels off and put it in the forest somewhere? I'm almost 100% positive. Check your loan agreement, it probably says that you have to fully insure the car for the duration of the loan.
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Oct 14, 2012 14:58
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Do you have a customer base that will be willing to pay you to teach them to work out? Are you the kind of person who can sell yourself, and stay motivated to keep getting new clients? Are you willing to work odd hours to fit other people's schedules? Do you really want to be in a gym all day, every day? These are questions you need to answer to yourself, honestly.
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Oct 18, 2012 21:44
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Chronojam posted:You should look into buying floor models or demo units. We got a nice hardwood table (with chairs) that was normally about $1,000 according to internet research, and got it down to $400 complete with a guy to deliver it, disassemble it and reassemble it back where the old table was. This is the right idea. The wife and I wanted a chair-and-a-half w/ottoman for our spare room, and they were $500-$800 everywhere. Value City Furniture had one in the perfect color as a floor model and it was $125. It had a little bit of wear, but it's just for our spare room so it was perfect.
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Oct 23, 2012 01:04
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tuyop posted:So never sign up for a payment plan on anything unless it's a bed? Obviously there is a difference between needs and wants. A cheap, bedbug infested mattress that hurts your back and submits your home to parasites is probably not a good thing in the long run. A clean, comfortable mattress is one of the most important thing you can own. A couch is not a necessity like a bed, and a TV is definitely a luxury. Surely you see the difference in borrowing a few thousand from the bank to buy a reliable used car (Corolla, etc.) and putting yourself over the barrel for years so you can Zoom Zoom™. Not all borrowing is bad. It's just that most borrowing is bad when you're already broke. You need to make some smart decisions to fix your situation.
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Oct 23, 2012 15:46
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tuyop posted:So I was thinking of my motivation behind spending and consuming most things, and I think my biggest problem is that I'm scared of dying. I need to talk to the psychologist about this, but that's why I really traveled like I did, it's why I hate my job so much, it's the reason behind a scary amount of the things I do and the ways I feel. Like I want to feel good about my life if I had a year to live, or three weeks, or died in an hour. It just never happened, and I guess that's because I've been externalizing all of the ways that I can try to feel better about my life. I need to work on this. This is a very good possibility. I have a brother who lives his life like this. Back in his twenties, he told me he didn't think he'd live to see 40. He turned 40 this year, and is still struggling to make ends meet because he wasted a good portion of his adult life. I'm not saying you can't have fun, I'm just saying that planning for the long-term makes more sense.
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Oct 25, 2012 16:07
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tuyop posted:You're right. To get me there though, I think I have to figure out what "enough" is. When have I traveled enough? What does that even mean? When have I helped enough, created enough, contributed enough? What is enough right now? Unfortunately, you didn't stop yourself back when you had a chance to think about this before you bought your car. You've made some bad decisions and it's going to take a little while to get those cleared out. The only thing you can do now is to own those mistakes and learn from them. You're still very young, you've got a lot of life to live.
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Oct 25, 2012 21:34
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It's on the side of the tire, too. There's no way all 4 of them were illegible.
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Dec 3, 2012 20:12
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I used to drink one or two 2-liters of soda daily (Surge, mostly) when I was in high school. I gave it all up cold turkey, and it took almost 6 weeks before I felt "normal" again. I used to think I had insomnia, haha.
Nocheez fucked around with this message at 14:48 on Dec 6, 2012 |
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Dec 6, 2012 14:31
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I think something's wrong with that graph. Does it add the savings to the total amount of debt, subtract it, or ignore it? Really, savings on the debt graph should be a negative number. I would prefer you charge your debts as negative numbers so you see how far "up" you have to go to get to zero. Then a positive savings number would make sense. edit: Engineer Lenk posted:Put the debts on the negative y-axis and savings on positive. I can't tell if Toeshoes is an asset or a liability This is what I get for opening a reply window and waiting an hour to fill it out.
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Jan 15, 2013 16:56
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The reason I say your graph should be redone is that if you take $10k in savings to pay off debt, your net worth should not change. The amount of debt owed will be less, but it wasn't free.
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Jan 15, 2013 17:34
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tuyop posted:Not that I'm worried. We still have 16.5k in available credit, it's just interesting to me that they actually lowered my limit. My credit limit on my main card used to be almost $20K a few years ago when I was making less money. I just checked it and it's at $5.5k now. Banks are being smarter about how much credit they give people. I always carry a zero balance, and have never missed a payment in my life FWIW.
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Jan 25, 2013 14:44
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Loving the new thread title. 
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Feb 7, 2013 14:12
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Tuyop: making GBS threads in a bucket for the environment; burns more gasoline than many third-world countries for vacation
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Mar 5, 2013 20:23
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Anyone else laughing at the "minimalist" who wants to buy one of the most expensive lines of laptops available?
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Jun 6, 2013 20:02
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tuyop posted:I guess I've concluded that a laptop is a bit of a messed up priority to have right now. Carry on, guys. Yay! We're not saying you shouldn't save for an obtain a reasonable laptop, just that you shouldn't run out and buy a luxury laptop. Your situation is better than it was, but you've still got some work to do, and these kinds of realizations are great to see.
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Jun 7, 2013 14:53
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tuyop posted:My car is pretty excellent, I've lived in it for weeks at a time. It's even on MMM's non-stupid car list! I'm fairly certain that the MS3 would not be on that list. I think the base 4-banger is probably what is considered a smart buy, not the tire-destroying MS3.
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Aug 20, 2013 21:05
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My mistake! I can't believe he is spending all that money on a non-mazdaspeed 3.
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Aug 21, 2013 00:47
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Skinny King Pimp posted:Paying that much more for extra storage is especially stupid when you consider how cheap an external hard drive is from pretty much any computer vendor. My wife got her bachelors in nursing through an on-line course. She almost exclusively used an Asus netbook that cost around $330 when they first came out.
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Aug 21, 2013 13:42
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pfafulous posted:Tuyop, you're spending to your bank balance, not to your budget. I understand the feeling you're going through. My wife and I hit a landmark in our savings this month and I've been saving for a new mountain bike. It would have been very easy to walk out of the Trek store with a $4,000 bike because we can easily afford it. However, I've been putting aside a couple hundred bucks every month since April so my budget was around $800. I will admit that I stretched the budget an extra $40 to get a bike with some nicer features, but I planned and saved for it. I cut back on spending for other things for almost 5 months to afford it. As I handed over my debit card to the cashier I had a small twinge of buyer's remorse over the amount I was spending. If buying an expensive item doesn't make your stomach churn just a little bit, you probably do not have a good grasp on how a budget works. Nocheez fucked around with this message at 00:30 on Aug 22, 2013 |
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Aug 21, 2013 23:43
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tuyop posted:Fun story ... I literally have never had a hard drive fail, nor a USB stick die. I do regular backups just in case, but how in the hell are you having so many failures back to back? Is it the cold of  ?
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Sep 12, 2013 18:19
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tuyop posted:Oh, and speaking of buying things that we don't need but don't have either, we've been contributing to the "household goods" line above the monthly expenditures for... awhile now, 25 here, 45 there, thinking we would buy a new kitchen gadget at some point. Well, we noticed this weekend that that balance was $540, and there happened to be a 32" HDTV on Kijiji (same model retails for $330 at Best Buy) for $170! And toeshoes wanted an old DS so we got one of those with games for $70 as well. This is exactly what budgeting is supposed to look like. Good job!
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Oct 8, 2013 15:22
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