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MrKatharsis posted:^^^You post a lot in this thread and it's always badgering people about what fun-haters they are. How about a story about people who are bad with money? The thread is kinda getting pretty rediculous with the amount of people calling other people bad with money because they don't save every cent they can and dare to spend on a few luxuries every now and then. Knyteguy posted:After driving this truck for awhile I was awarded $89,000 in a settlement tax free. I think it was 2008. I made the rational decision to replace my old truck with something that didn't bleed money. What was my choice? I went to a used car shop and picked up a 2004 Infiniti G35 to the tune of $34,000 and I paid with cash. If you're not going This is what I come to this thread to read, not about how someone's cousin spent $10,000 more on a wedding than they did and how that makes them terrible at life.
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Sep 21, 2014 22:31
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the car was only worth about $19,000 and I was paying with cash.
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Blackjack2000 posted:I took an $11k 401(k) loan to buy an investment property that has been profitable for more than two years. I have about $5,500 left on the loan and may pay it back early so I can take another loan and buy another property. So you borrowed money just so you could use it as leverage to borrow even more money?
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Sep 26, 2014 04:57
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Anne Whateley posted:I don't know about the implants, but skin removal can actually be really medically necessary. If it was necessary to either increase her health or to dramatically increase her quality of life, it would have been covered under Medicare without question. 135kg is a bit under 300lb, it's big for sure, but without a height it's hard to say how bad it was. In saying all that health insurance here is like $15-20/week AUD, it's not hard to afford when you consider the minimum wage is $19/hour or so.
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Oct 1, 2014 08:49
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The Door Frame posted:I can't be reading this right. He was going to max out a +$5000 limit credit card in an attempt to scam reward points and hinge his financial future on PayPal accepting thousands of dollars in gift cards? Hey it works for money launderers, and Bitcoiners, they seem like smart people. MAKE NO BABBYS posted:Most places don't accept credit for prepaid cards, some won't even do debit. This was also the flaw I saw in the plan, the companies offering the gift cards aren't dumb and know how it could be defrauded.
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Oct 12, 2014 02:55
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Devian666 posted:I guess it's just a status symbol for people who believe building up unsustainable debt is having money. That's basically it, people think they're getting a special card from the banks because the banks think they're "someone".
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Oct 12, 2014 09:06
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Cicero posted:It sounds like they're getting like $27.5k (converted to USD) a year, and that's not counting deductions for advance payments and a debt they have that comes out automatically. That's not a level a couple can live on? They mention mortage payments as well in the article. I've only visited both NZ and the USA, but NZ was crazy more expensive too so 27.5k USD wouldn't go anywhere near as far in NZ as it would in the states. But yeah, the way it goes on about how his father was a war hero, that's a bit much. Rudager fucked around with this message at 07:47 on Oct 13, 2014 |
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Oct 13, 2014 07:44
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balancedbias posted:This can't be stressed enough. In order for him to be in that situation, he had to spend more money than he was earning by a factor of at least 5-to-1. That is ON TOP OF deferring any loans. He was probably getting some payday or predatory style offers by the end of that run, and took the first job he could find without negotiating. It's more believable when you realise he paid his employer to give him a job as an intern, rather than get paid to be an intern like any sane person would.
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Nov 2, 2014 04:41
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BEHOLD: MY CAPE posted:Putting down half on a loan or mortgage does not absolve you of the underwriting requirements to prove that you can pay the other half. Have you ever applied for a mortgage? It's a lot more complicated than writing a downpayment check and telling the bank you're good for the rest. Unless this happened in 2007. When the LVR is like 35% they won't care because either you pay them, or they take the house and sell it and take the money that way, unless the house's value massively tanks there's no way in which they don't win.
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Nov 5, 2014 07:16
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I'm not saying the bank is doing it as some long term investing strategy in the real estate market, I'm saying that when the guy applying for the loan is throwing down $250k on a $350k house, the bank has zero risk of not recovering the money and costs involved in repo'ing the house if it comes to that.
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Nov 5, 2014 08:11
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Nail Rat posted:Unless the homeowner facing eviction on a foreclosed home decides to dump cement down all the drains etc. You can sue them but they don't have any money so good luck with that. They've got $250k worth of equity in the house though.
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Nov 5, 2014 20:05
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Anne Whateley posted:As a woman, I only got body hair done, but I'm sure shaving your face isn't too fun either. My wife gives me poo poo all the time because I have a very angular face, and I always miss bits on the back of the jawline because it's loving hard to shave things that are on right angles.
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Nov 8, 2014 06:41
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CelestialScribe posted:Yeah I'm.regularly told to dump all of my savings and an emergency fund into a deposit because "you'll make your money back in a year or two!!" Part of the problem is people are completely unwilling to even consider renting out a room or two as well because "they didn't buy a house to live with other people". Meanwhile we just put a deposit down on a $435k place over the weekend, let the fun begin! 
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Nov 10, 2014 21:49
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fiery_valkyrie posted:I managed to just fine. Maybe you could elaborate on salary vs expected house price. There's way too many factors to make a statement like that, the place we're buying would be double the price is if was anywhere closer to Newcastle than what it is.
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Nov 10, 2014 23:07
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fiery_valkyrie posted:I'm Australian too. No one I know thinks that way. It's definitely a thing, I wouldn't say everyone thinks like that, but FIFO miners on $150k who also have 2 out of every 3 weeks worth of living expenses covered while they're at work definitely do. CelestialScribe posted:Neglecting to mention of course that "mate" probably lived at home and didn't spend a time on rent or any other expenses. Uh, that seems like a legit "Good With Money" thing.
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Nov 13, 2014 07:58
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Thesaurus posted:If I were trying to scam people, I'd probably end up dreaming up something overly complicated that wouldn't convince people. I'd be convinced they could easily detect the scam. However, it appears that the best way is to just straight up make wildly improbably promises and people will throw money at you. Folly posted:I wonder if the scammers chose Forex specifically so their victims would self-select. It's been done before. That's exactly what the article in this post is saying, it's made to be absurd as possible because it means the only people who fall for it are very gullible and easily convinced people who will hand over their money with minimal effort. If it was made to be slightly plausible they end up wasting time on alot of people who'll never fall for it. It's why those "3 quick tricks to making millions on binary options!" videos go for like 20 minutes until they give you any details, if someone sits there and watches it for 20 minutes, they're nearly guaranteed to be caught hook, line and sinker, but anyone who's not convinced will have closed it ages ago.
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Nov 13, 2014 23:55
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xie posted:You could rent a full size SUV for $1,500 a month by walking into a car rental place in the US and paying the sticker price (~50/day)... How would it cost $150/day to rent a 4x4? Except it's in Australia where everything to do with vehicles is alot more expensive. I just looked up on the Hertz site, a Toyota Corolla is $76.06 AUD/day, an SUV is $125. Also the real answer is to buy a trail bike instead of a 4x4.
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Nov 24, 2014 18:40
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Anne Whateley posted:The numbers there are a bit weird (not impossible, just unusual). In addition to being a college student, he must work just about 30 hours/week, which isn't really part-time. In a year he'd make $26k (before tax, not allowing any unpaid time off) but he's saved $15k. If he's working nightshift he's probably getting a bit extra over the standard minimum casual wage, and if he was working weekends, there's more again. It could easily be $15k, and I'll bet the mother has a gambling problem.
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Dec 4, 2014 20:53
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I liked the "but I work in a highrise building, so of course I know a lawyer" comment.
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Dec 11, 2014 22:46
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Volmarias posted:I thought that half the point of designer products was that the name brand required a tight control of the supply chain and QC. That doesn't mean it can't be made in a sweatshop in India along side a k-mart $10 special.
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Dec 14, 2014 23:47
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rrrrrrrrrrrt posted:"Diversify my portfolio" has turned into some cargo cult poo poo at this point right?  says that the rest of his "portfolio" is in gold.
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Dec 16, 2014 01:00
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HelloIAmYourHeart posted:How about this reddit guy? Police took my life savings after OP and his friend got pulled over. That's the most obvious "So my friend...." post ever.
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Jan 4, 2015 06:18
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BEHOLD: MY CAPE posted:It is dumb to carry huge amounts of cash but a lot of people do it for all kinds of reasons, and bullshit administrative seizure of cash, valuables, and vehicles belonging to people never charged with a crime or charged with some minor traffic offense is a real thing Maybe you didn't read it but, "his friend" had a "personal amount" of Marijuana in the car as well.
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Jan 4, 2015 10:05
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BEHOLD: MY CAPE posted:Why in your mind does the possession of a small amount of marijuana ("personal amount" presumably implying a misdemeanor/non-distribution or decriminalized quantity in whatever locale) by a second party entitle the police to seize $20,000 they stumble upon without a criminal charge or due seizure process? I'm sorry I have to break it down to the absolute base level for you, but there was a reason that I put quotes around "personal amount" and "his friend". Just so we're clear, it was to heavily imply it was more than likely his own stash he uses to deal drugs to make that cash, but he was trying to make himself sound innocent on the internet like everyone who starts a post with "My friend....". I mean I know people who travel a lot, and they're always broke, and if they're not and do actually have $20k+, they're not dumb enough to keep it on them in cash, because they're not drug dealers.
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Jan 4, 2015 12:26
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BEHOLD: MY CAPE posted:I get what you're implying but not everybody that happens to be in the same car as a joint is a drug dealer and the fact that you're just assuming the guy is lying is precisely the problem with civil forfeiture 90% of reddit posts (hell, all forums posts for that matter, including this one) are lies and/or bullshit.
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Jan 4, 2015 13:05
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Barry posted:While that guy might genuinely be looking for some advice I feel like anyone that posts a "I'm 24 and make 65k a month" thread on the internet is just looking to brag. I've looked on /r/personalfinance a few times and it's either the gems that get posted here, or <30 year olds making 6 figures who are obviously just making a thread to brag. There is no inbetween.
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Jan 6, 2015 00:42
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Inverse Icarus posted:It sounds really mean and pretentious to say, but it's the truth: There are some really loving dumb people in the world. The GT stuff is the intersection of loving dumb people and people who think they're not dumb because they've made some decent money somehow in their lives. Rudager fucked around with this message at 01:51 on Jan 7, 2015 |
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Jan 7, 2015 01:36
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The Nards Pan posted:That is. . . uh - a lot of money on webcam porn. drat. Seriously, if you never watched the donations given to some of the cute young girls (most of which are Asian, which probably helps a bit too) streaming to <100 people on twitch, you should, because it's the saddest thing ever watching these guys throw literally thousands upon thousands of dollars at them in desperate hopes of recognition and attention. And they're not even getting their kit off, so I can only imagine what it's when they can buy a look at their boobs.
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Jan 8, 2015 11:20
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SpelledBackwards posted:I know we already have one guy with a Disney-obsessed coworker in this thread, and I've mentioned a close friend of mine who is otherwise reasonably well-traveled yet loves to go with her mom or whole family a couple times per year, not because of sentimental attachment as a child, but because "going there is like seeing the best of humanity all in once place". Pretty sure the Disney Travel Agent thing is an MLM scheme
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Jan 16, 2015 07:42
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gvibes posted:
That's the part I as looking at too, it's a 2 parent house for 5 days of the week, why the hell are they paying for any childcare at all? Also if times are so hard while you're making about $700 an hour, how about just working an extra day to instantly double your income?
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Jan 18, 2015 09:04
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Hocus Pocus posted:A guy I know who makes minimum wage had some laptop troubles so he took it to Harvey Norman. For context Harvey Norman is an Australian retailer that sells electrical and white goods, furniture, and notoriously expensive computer kit. What the gently caress, literally 1/2 the laptops on their shelves these days are less than $800, why not just buy one of them?
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Jan 21, 2015 21:35
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Devian666 posted:I think part of the issue is people who aren't bad with money but are completely retarded with money. Much like the idiots in Australia and New Zealand who put 60% of their net monthly income into a mortgage there are people doing that with rent. You see all income is just there for spending. Scorpion Murial feature walls don't come cheap!
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Jan 29, 2015 04:48
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B33rChiller posted:That's freaking awesome if true! Free food is best food. So he's a supervisor in a fast food or big retail chain store right? Every single one of them I've worked with is exactly like this, always make sure their minimum wage underlings know how much better they have it as supervisor, when they really don't. Rudager fucked around with this message at 08:00 on Jan 29, 2015 |
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Jan 29, 2015 07:57
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) Just financed a big truck to take his trailer to the lake twice a year. I caught him counseling a casual relief employee to buy a house as soon as possible. WTF? Dude doesn't even have a steady job, and you're telling him to buy during a big housing bubble? And the icing on the cake came out the other day. He announced that he's sending his daughter to a for-profit film school in Vancouver to study acting. Paying the whole shot. $15,000 tuition for the 4 month introductory course. "You tell your kids they can study whatever they want and to follow their dreams. It's a really prestigious school." I didn't have the heart to ask if they include
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Devian666 posted:Alright so say he bought 72 ounces of silver right now at $20 that would cost $1440. Except he's buying some every month so his average cost price is going to go up along the way as well.
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Jan 29, 2015 23:49
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IAMKOREA posted:This is some seriously ingenious poo poo. Spending $100 dollars a day is not like living like the locals in Mexico. Spending $100 a day there is like living like a king. Spending $1000 a day there is like living like a loving gringo idiot. I'm pretty confident on betting you don't have kids. Vacationing is about relaxing more than anything, if you have kids, going somewhere where they're occupied while needing minimum supervision is what you aim for. When you're a single 20 year old the $50/day thing is what you do because you don't give a poo poo and don't have any money.
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Feb 1, 2015 06:28
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IAMKOREA posted:'Do whatever you want' is how the Europeans genocided the Native Americans. Doing whatever you want is not a good thing. gently caress off. haha, holy poo poo, why are you so loving angry that someone has more disposable cash to spend on holidays than you? I seriously think you need help of some kind.
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Feb 1, 2015 07:27
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IAMKOREA posted:Actually I have more disposable cash to spend on holidays than him (and it only took me two months to earn it). That doesn't answer the question on why you're so loving angry about someone else spending money on a holiday.
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Feb 1, 2015 07:31
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Guys, don't you seem to understand, he has UNLIMITED EARNING POTENTIAL! All he has to do is earn more, duh.quote:This commission job has really been a huge factor in my problems I believe. After having a couple good months my mind got to comfortable and started living and spending as someone who made that much every month. And even after a bad month I would trick myself into believing, "that's okay you can still buy this now with the credit card and pay it off after you have a good month next month" He sounds like a less broken SloMo. EDIT: Yep, upside down as gently caress on at least one of the cars quote:I would love to get out of my leases and get a cheap used car if possible. I just don't think I will be able to get a loan for that. If i am upside down in my car by $7,500 I doubt any bank is going to loan me that much money on a $1500 used car. That's to much risk for them to take. Lease's are not made to get out of early. They keep you upside down in the car all the way to the last payment and then in theory you are even. You are never ahead. So I don't think I have a choice but to ride out the lease's until the end. EDIT2: Wait, can you be underwater on a lease? Rudager fucked around with this message at 01:55 on Feb 3, 2015 |
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Feb 3, 2015 01:37
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Old Fart posted:He clearly doesn't care about getting his sister's money back. Yeah, he's just worried about getting his half (and more) back, and I'll bet if he makes the money back and she turns 21 he'll pay for college, a car and token things like he has been, but won't give her the 1/2 she's owed in cash, after all it was only a verbal agreement with a dead man and he sounds like a selfish gently caress. I bet the radioshack person had a similar motive, they probably had a heap of radioshack stock themselves and was hoping to float the price long enough to cash out their shares and their cousins.
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Feb 4, 2015 01:34
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slap me silly posted:Per pack? Like, pack of 20 cigarettes? Holy poo poo. No, a pack of fancy smokes is about half that where I live. It's to stop people smoking more than anything, plus the whole arguments of paying for their healthcare since we have UHC. There's a bunch of other regulation around them too like they can't be advertised and they can't be visible in the shop, and I can't remeber if it went through or now, but they were all supposed to have plain grey packaging (with minimal regulated amounts of branding) covered in graphic anti smoking pictures.
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Feb 5, 2015 03:09
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Renegret posted:I know a guy who actually made money one summer selling cutco knives door to door. If he was a good salesmen and ignored all the MLM bullshit (meetings, recruiting, buying stock, etc) then it becomes a basic little business, buy some knives off your supplier and sell them for more to customers, so I can see how it may not have even seemed like a MLM to him if he's a good salesman.
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Feb 19, 2015 04:14
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