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I live with my parents (I'm 20), earn ~£16000 per annum. I'm able to put away roughly £500 per month, and have maxed out my Cash ISA (Tax free savings account up to ~£5000), as well as some other savings here and there. A co-worker lives with his parents, is 25, and earns around £19000. He pays £300 in rent, so before tax that's £1283. Phone contract and Sky subscription aside, he has nothing left by the end of the month. Spends it all on drinking, even gets a few payday loans. I just don't understand how he has nothing left at the end of the month.
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Jul 7, 2013 13:27
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Last year I signed myself up for online classes to complete some A-levels, for £250. I then signed up for another class for another £250. It's a year on, and I haven't done any work towards it because my career has gone in a different direction. Still kicking myself over it; not having done any work after the first £250 was spent should have raised a red flag for me. Oh well.
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Aug 25, 2013 19:22
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lostleaf posted:I actually do know the details of the signing bonus because I took it too. I had to repay PLUS interest when I left. She would definitely had to pay it back unless she stays a few more years. I guess I just had a very conservative upbringing regarding finance. We believe that a penny saved is one and a half penny earned. My wife and I still bring our bottles to the recycling center. Not having six month savings is profane to us. To not have 30k when you make so much is hard to reconcile. You still take your bottles to the centre but are ok with paying back 30k with interest because you couldn't wait another year or so? __ My brother is going to university this September and just bought a £3000 guitar. He said "Relax, I've got my loans for everything I'll need at uni"
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Aug 26, 2013 10:54
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A friend of mine finally managed to pay off his credit card debts. He has just broken up with his GF and is moving across London, and is on ~£18k a year. His gaming PC dies, so instead of diagnosing what was wrong with the PC, he buys a new one outright, straight on the credit card. What's worse is that he doesn't have the money for a copy of Windows yet so is waiting until next month to buy that. So the PC's just going to be sitting there.
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Sep 29, 2013 14:41
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He's just a bit of a silly person. Just saw this on Reddit: quote:Sorry, but this is the worst advice anyone could give to a 21 year old. Let me spell it out for you. DO NOT SAVE AND INVEST.
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Sep 29, 2013 18:22
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A response from the guy:quote:If you think your opinion is more worthy than mine because you know what compound interest is, you may want to consider I do quantitative analysis for a big investment bank.
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Sep 29, 2013 19:06
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the littlest prince posted:This is your friend posting these things, or somebody else? Surely a quantitative analyst doesn't make only £18k per year? This is someone else, I should have clarified.
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Sep 29, 2013 19:59
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Hell, even a couple of months ago would have been a good idea.
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Nov 27, 2013 14:52
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The premise of Dragon's Den, Shark Tank etc is "People with bad business plans squirming under pressure" with a side order of underdogs with good plans succeeding. He's a perfect addition for the show in my opinion, the epitome of entrepreneur schadenfreude.
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Jan 8, 2014 18:01
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Yeah same here. I literally just sat down and worked out my expenses for this month *so far*. Long story short,  Edit: gently caress it don't want to tease. I started the month with ~£1400 in my debit account (Not savings!) I'm now down to ~400. DrAlexanderTobacco fucked around with this message at 21:39 on Apr 15, 2014 |
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Apr 15, 2014 21:15
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Golf carts are only slow because they have a limiter in place to stop old people driving into lakes accidentally. I used to be a range marshal at a golf course and got to use one which had no such limiter in place - I think the top speed was 35mph? Fun stuff.
DrAlexanderTobacco fucked around with this message at 14:49 on Apr 24, 2014 |
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Apr 24, 2014 14:46
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Guinness posted:It means you're automatically subscribed to it when you create an account on reddit. Also I think it means you see it on the front page when you're not logged in. "You mean spending $4000 a month on Reddit Gold and losing my house was a bad thing?!
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May 8, 2014 01:04
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Slow Motion posted:What a bitch to make a play to control the guy's finances. That's classic abuser behavior. He was 100% right that per-marriage it was nobody's business but his. And instantly getting kicked out? That's straight up illegal to do to some one paying rent. Tell me about your mother, Slow Motion
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May 10, 2014 16:15
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Bitcoins: http://np.reddit.com/r/BitcoinMarkets/comments/26ujtk/daily_discussion_friday_may_30_2014/chvajq9 quote:Greed is a powerful thing. Do what you can to keep it in check, always.
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May 31, 2014 14:20
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pig slut lisa posted:I'm not sure I understand...is this person wagering bitcoins on some kind of electronic gambling thing? Like one click and "boop, you just lost thousands of dollars"? Yep - He used a gambling service, literally a double-or-quits flash game thing. Stupid as hell.
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May 31, 2014 17:07
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Pretty sure it's "fibre", guys. 
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Jul 5, 2014 21:45
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| # ¿ Apr 29, 2024 06:04 |
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canyoneer posted:People are idiots though. Boy have I got the company for him! 
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Aug 15, 2014 12:02
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