Bad w/ Money: I just paid for a fat bitches Electric Cock Zapping Sex Toy in Kentucky

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad w/ Money: I just paid for a fat bitches Electric Cock Zapping Sex Toy in Kentucky

«‹›4 »

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Here's a good one from Reddit. This guy is funding his wife's future divorce.

http://www.reddit.com/r/personalfinance/comments/1vg1nq/wife_is_weary_is_sharing_accounts_throwaway_time/

quote:

My wife uses Reddit, so it's throwaway time.
We've been together for almost 5 years now, lived together for 3 of those and actually married for a little over one. Recently returned from overseas and we've collected about 43k in four separate savings accounts. I like to take control of the finances because of problems my parents had while I was growing up and my wife finds no problem with that..
Here's the problem:
Our emergency fund is 18k and we both have access to that, while there is 25k sitting in 3 savings accounts under HER NAME ONLY. I proposed the idea of consolidating her three into one massive account and letting BOTH of us have access to it. I also wanted to finally start a Roth IRA, pay off a large chunk of debt, etc.. but she doesn't want to do it. She wants to keep it "in case of a rainy day" for herself and her not-so-well-off family.
I keep telling her it would make more sense for both of us to have access to everything and not have large amounts of money in four different accounts under different names, and that our emergency fund is our 'rainy day' money. She's pretty unwaivering and it's frustrating / confusing to me that she won't do it.
Any way I could make some sense of this?
EDIT AGAIN: Thanks so much for all of the posts so far, really has given me some insight as to how to handle the situation. Looks like we'll have to sit down together and really talk about her fears & thoughts of combining those accounts.
Just to expand on a few questions that have been asked.. I make most of the money, about 75% of the household income. Why do I have auto deposit into an account I don't have access to? Good question, I guess at the time I put too much trust & not enough thought into the choice... never really had the foresight to see this becoming the problem it is today, some people call it "young & dumb." We are very happy in the rest of our lives, even though we've hit some bumps like all couples do.

# ¿ Jan 18, 2014 01:26

Adbot: ADBOT LOVES YOU

# ¿ May 15, 2024 19:07

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

They were handing those out to basically everyone back in 2007. Down payment or not.

# ¿ Jan 18, 2014 22:22

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

It's easy to see why people wouldn't gently caress around with index funds when their country is going through a massive housing, mining, and oil(?) boom.

# ¿ Jan 20, 2014 01:23

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Alcohol is going to destroy this redditors life

quote:

Drunkenly opened a Roth IRA last night... tax implications? (self.personalfinance)
submitted 3 hours ago by ClayDavis_Sheeeeeit
Hey PF,
Fortunately I'm in the financial place to do this and didn't do anything stupid. Last night I opened a Roth IRA and maxed out my 2013 contribution with a 5,500 deposit.
Because Roth is tax now, not later, how is that going to change my 2013 taxes? Will I pay additional $$ on the deposit, or do I have that taxed value deducted from the initial deposit.

Bonus onion article:http://www.theonion.com/articles/man-wakes-up-from-bender-with-financial-problems-s,19858/

# ¿ Jan 26, 2014 18:34

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Not from what I could tell.

# ¿ Jan 26, 2014 21:31

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Sudden Infant Def Syndrome posted:

Do you really think they're going to listen.

A lot of these guys listen to their agents and get fleeced. There is a lot of lavish spending, but young for example blew a couple million on some restaurant deal(iirc) that was basically designed to funnel money out of his pocket. Then combine that with the fact their contracts are normal wages it's not surprising why they go broke.

# ¿ Jan 27, 2014 22:01

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

A lot of deductions aren't allowed if you file separately.

# ¿ Jan 28, 2014 18:31

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

From what I've read, if you default on a student loan you can tack on an extra 50% to the balance as a penalty or something.

quote:

I live in Chicago. I just started a good job--I'm making $120k. But I was out of work from Sept to Jan and spent all my savings. I'm finally out of panic mode. I have a high interest car loan, $450 a month on a 2012 Camry, plus $150 a month for insurance. Child care expenses are about 20k a year. We have an au pair who lives with us because of my work and travel schedule and she has to have her own bedroom. So a three bedroom in a safe, walkable area of Chicago ranges $2000-$5000. My rent is comparatively low. Plus monthly utilities ($200), gas($100), groceries($300), internet($30), cell phone($100). I feel like I'm missing something. Bills just keep coming in and I pay them (except for student loans, as mentioned) and then whatever is left goes to savings. No investments. No retirement.

# ¿ Feb 15, 2014 19:27

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

I got a pretty good laugh at this from /r/investing

http://www.reddit.com/r/investing/comments/1y0aer/i_am_about_to_invest_20k_into_a_company_that/

quote:

I'm relatively new to this so I would like to seek out some advice. This company has already gotten the necessary people, agreements, and hardware needed to launch. What they are lacking is that extra bit of money (around $20k) for that final push.
What questions should I first clarify with the founder in order to protect myself before I move on to the next step?

Another comment of his:

quote:

I will be getting equity for the investment. 1% equity for every $2000

quote:

You really need to look at their business model and how they plan to value their company at at least $200,000.

quote:

It is already valued at $200k

Harry fucked around with this message at 19:09 on Feb 16, 2014

# ¿ Feb 16, 2014 19:06

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

echopapa posted:

The key to this "no payment for 7 years" thing is "if they don't sue you." If the amount is worth suing over, they'll probably file suit sometime in year 6, and then they'll have a judgment which doesn't go away quite as easily.

7 years is just the length it's on your credit report. It varies by state when they can sue you:
http://www.bankrate.com/finance/credit-cards/state-statutes-of-limitations-for-old-debts-1.aspx

# ¿ Feb 17, 2014 14:50

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

canyoneer posted:

Driving drunk, in addition to being an irresponsible and stupid life choice, is really being bad with money. Doesn't the average DUI cost like $10k or something after lawyers/fines/fees?

That's on the high end. And the court system is understanding where they gouge you over 2 or 3 years.

# ¿ Feb 19, 2014 15:35

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Did I miss something, or is baquerd just conjuring up that all social workers are poor thing out of nowhere?

# ¿ Feb 20, 2014 05:30

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

You really are just spewing nonsense at this point.

# ¿ Feb 20, 2014 05:45

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

fruition posted:

While I agree that his posts seemed insensitive, I understand what he's trying to say. Essentially, if you make good decisions in life you will likely (not always) have better outcomes than if you make poor decisions. Sure luck plays a factor but I think it's equally poisonous to assume that all successful people are either born rich or just lucky. That discredits a lot of hard work and sacrifice made by those individuals. I know a lot of people who came from nothing and studied their asses off to get degrees in pharmacy, chem engineering, software engineering, nursing, finance, and those people will probably all live a comfortable lifestyle as long as they continue to play their cards right. Of course an unknown disaster could come by and destroy their financial solvency but life would still go on, and in the end, no one can take their extremely marketable degrees and educations from them.

Life isn't fair, but that doesn't mean we should drat the successful people and champion a victim mentality. Life isn't fair but it's all about choices and what you do with what you're given. I also didn't come from money, and I'm the first person in my entire family on both sides to get a college degree. I made the smart choice and took out loans (gov and private) to obtain one of the most difficult undergrad degrees you can pursue because I knew that I'd have a job waiting if I did what I had to do. I knew it was going to suck dick and I knew I was going to have 40k on my back right out of school, but I made a smart choice. I had thousands of peers who all came from better families and more means than me, and they made horrible degree choices and now they're going to suffer the consequences. Who's fault is it that they studied art history or English? Luck had nothing to do with those choices.

No one is arguing that some people aren't victims of circumstance. What we can argue is that people are often victims of their own poor decisions. Which is the theme of this thread.

It seemed like he's basically saying if you aren't a software developer you made a poor life choice even if you're making six figures. I'm sure he thinks the police chief who probably gets paid $300k a year, has some near unrivaled pension, and is part of the political elite in that area made made poor life choices.

# ¿ Feb 20, 2014 14:59

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Folly posted:

I took it more like "anybody smart enough to do social work is probably smart enough to be an entry level developer."

tl;dr: I'm an rear end in a top hat.

Just an idiot if you honestly believe this.

# ¿ Feb 21, 2014 01:00

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

I thought mt.gox has shut down like 4-5 times.

# ¿ Feb 26, 2014 20:43

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Not a car guy, but I was under the impression that any of the stuff that goes wrong is around 120,000 and is just replaced around then anyway.

# ¿ Feb 27, 2014 17:12

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Tigntink posted:

Basically most banks will treat purposely bouncing checks as theft. I honestly don't know how she has gotten away with it. Unless she is a genius at timing her check floats - its nearly impossible to pull off.

No it's not. She paid by check on a Friday, it won't clear until Monday at the earliest (assuming the guy actually rushes to the bank to deposit it).

# ¿ Mar 9, 2014 22:09

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Higgy posted:

These DoD ajudications are a goldmine:

"Applicant�s statement of reasons (SOR) lists nine delinquent debts owed to the Internal Revenue Service (IRS), totaling $382,585. Applicant admitted to seven IRS liens. The IRS is seeking $263,456 for tax years 1999-2005, 2008, and 2011 from him. He did not make sufficient progress resolving his financial problems. He intentionally failed to disclose his tax debts on his July 29, 2011 Electronic Questionnaires for Investigations Processing (e-QIP) (SF 86). Financial considerations and personal conduct concerns are not mitigated. Eligibility for access to classified information is denied."

Just...how? Moreover how do these people fill out their SF-86 for a clearance and expect to get it?

Probably something like this:
http://www.techdirt.com/articles/20140124/12433225982/doj-says-company-that-vetted-snowden-faked-665000-background-checks.shtml

# ¿ Mar 22, 2014 18:18

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

It's best not to let the escorts know where you live.

# ¿ Mar 23, 2014 06:05

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

It's pretty hard to get penalized unless you're just really trying to game the system hard.

# ¿ Mar 23, 2014 20:14

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Once you get to a certain asset level you don't really need a lot of cash sitting around if you don't have high debt levels. Just another reason why the rich get richer.

# ¿ Mar 24, 2014 17:53

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Generally, saving implies putting part of your paycheck in cash. Investing would be used when putting money in index funds.

# ¿ Mar 24, 2014 18:13

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Might want to check a mortgage calculator to see the difference between 30 year and 15 year for a loan like that. If you can't make one, you probably aren't going to be able to make the other.

# ¿ Mar 29, 2014 06:20

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Guinness posted:

I don't even understand what this guy is trying (and failing) to logic out.

He spent bitcoins at X price, and now that the price is crashing, he's buying more bitcoins and that somehow lowers the price of things he bought in the past? Is he trying to apply some sort of cost-basis to his previous purchases?

He's lowering his average cost per bitcoin.

Cicero posted:

Yeah, it's totally cool that the grandparents ignore their requests for how to treat their kids, and try to get them to lie to each other. No biggie!

Here's a thought: maybe it is, when that spending results in sabotaging the parents?

The problem isn't that they're just uncomfortable with the amount of money being spent by the grandparents. It's how the way it's being spent is undermining how the parents are raising their kids.

Then teach the son through something other than clothes. I'm not sure how they're spending 100 a month on clothes, but the kid is probably getting the hint from his dad trembling in anger over clothes.

# ¿ Apr 10, 2014 20:42

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Some of the rides are fun and there are some interesting attractions. It's also not trashed out like most of the amusement parks near me. I wouldn't think it's worth going to more than twice though.

# ¿ Apr 22, 2014 14:55

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

GAYS FOR DAYS posted:

The amount of money some people pay on cars is mind boggling to me. I've never had a car payment in my life (except for paying for a car all up front), and my insurance is ~$180 every six months. Granted, I've never gotten a ticket/been in an accident, and I'm driving a 15 year old Ford Escort with 115,000 miles on it while living 2 miles away from work, and I've had the thing for 8 years now. I'll never understand how some people are dropping 500 - 600 bucks on month on car payments and insurance while making less than I do (which isn't really all that much).

The guy I share an office with has been talking about getting a new car, I don't know why, because his car is perfectly fine. He was looking at new cars online, and he asked me "so what exactly is APR?" He also didn't understand that a higher APR meant higher monthly payment. I guess that's what happens when mom and dad pay for school and don't teach you any financial responsibility. He also eats out every day for lunch.

$360 a year is by far the lowest car insurance I've ever heard of.

# ¿ May 4, 2014 18:51

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Inept posted:

They sound bad with money, but your husband tried to tell her that having a miscarriage and losing her child was for the best? What the gently caress is wrong with him?

Because it was and family like that isn't worth keeping anyway.

# ¿ May 17, 2014 01:38

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

MrKatharsis posted:

Thousands of dollars so your kid can (maybe) find a more attractive mate? Might as well throw that money out the window. They'll learn more by conquering their insecurities and growing up like a normal person.

If they really need them, they can grow up, get the adult braces on their own dime, and marry in their thirties when their relationship actually stands a chance . BFC for the generations.

A lot of the structural problems that get corrected when you're younger with braces have to be done by surgery when you're an adult.

# ¿ May 17, 2014 17:07

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

daggerdragon posted:

Most landlords don't take credit cards. My mortgage company and village utilities charge me a fee every time I pay with a credit card. The village charges 2 bucks a pop and Ocwen an eye-watering $3.95. I would be very bad with money if I eschewed the $5 for a book of 500 checks to pay $1,500 in credit card fees (assuming the price never went up in 30 years) because "using checks is insane".

Checks have their place. Until EFT is 100% free by law AND the baby boomers die off, people are to continue using checks.

Bad with money story:

Because I was a clueless teenager finally away from Mommy dearest and flush with "cash", I bought M:tG cards with some of my student loan funds. I'm still paying the interest on it.

There's a difference between paying by ACH and paying by check.

# ¿ May 18, 2014 03:15

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

fruition posted:

Wow gently caress you Aussies why did I have to be born in the U.S.?

But seriously though, you have a perfect free healthcare system that doesnt abuse its nurses, your employers pay 10% On Top of your salary for your retirement, your minimum wage is like 50k/year, and your real estate keeps going up and up and up..

How is it all sustainable?

e: And you have Kangaroos, Platypuses, and instead of mass shootings you have mass stabbings. Truly have it all.

I believe China has been devouring everything they can produce for a while now.

# ¿ May 20, 2014 16:01

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

FrozenVent posted:

Isn't China the largest holder of US debt at the moment?

They are the largest foreign holder I believe.

# ¿ May 21, 2014 16:03

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Dr. Eldarion posted:

Penny stocks are also being bad with money. You're statistically far better off taking it all to Vegas, and at least then you'll have a fun time too.

Seeing a stock go from 8 cents to 20 cents to 3 cents is a lot of fun.

# ¿ May 31, 2014 17:33

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Could someone link me to the jastiger E/N thread? Was he the one who was shocked that his wife wanted their child to be baptized because she clearly wasn't a christian?

# ¿ Jun 6, 2014 03:20

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

http://www.reddit.com/r/personalfinance/comments/287dju/my_engagement_ring_was_not_acceptable_apparently/

quote:

It's a 2.10 i excellent cut VS2I oval diamond set in 14k yellow gold band. She doesn't like it, and I don't have the option if returning it or exchanging it (the place I bought it is now defunct). What are my best options to either exchange it or sell it without losing too much of the 18k I've put out? (Starting to reconsider my proposal... =/).
Thank you all! I hope this us the right sub.

Superslammed!

# ¿ Jun 15, 2014 16:39

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

FrozenVent posted:

Lawyering skills aren't extremely transferable. Engineering... I don't know, is there some sort of certification aspect to it?

EE with a law degree is one of the few lawyer combinations that should be making bank.

# ¿ Jun 19, 2014 19:02

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

I'd say that's child play compared to this that was floating around a while ago:
http://www.nytimes.com/2009/07/02/business/02lawyer.html

quote:

But a group of five state appellate judges decided this spring that his student loans were too big and his efforts to repay them too meager for him to be a lawyer.

�Applicant has not made any substantial payments on the loans,� the judges wrote in a terse decision and an unusual rejection of the committee�s recommendation. �Applicant has not presently established the character and general fitness requisite for an attorney and counselor-at-law.�

Mr. Bowman, 47, appears to have crossed some unspoken line with his $400,000 in student debt and penalties, accumulated over many years.

# ¿ Jul 3, 2014 03:42

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

vssrio23 posted:

Like has been said, there are no "pointless" degrees in the strictest definition of the word. Higher degree education has been around for far longer than most modern industries and employment fields. It is only within the 20th century (in particular since the late 1970's) that the average family has come to generalize the college education process as a ticket to above-average earning power.

Your program would have the effect of either making those degrees extremely cheap or, paradoxically, making them extremely expensive by turning them into a purely luxury item for the rich. In either scenario, the supply of degrees worth obtaining would decrease and cause a net increase in demand for other degrees in modern colleges of higher learning. This isn't to say people would be any more successful attaining those degrees, of course, but it would cause the price to be bid up and, subsequently, increase tuition price inflation further. The failure of policies like yours is that it assumes that public perception and demand can be precisely controlled through legislative action. People, as myopic as they are, simply cannot see beyond what worked in the past when they are formulating their response for the unknown future.

I don't know about that. There was that one guy who posted about his degree in like fiber two years ago.

# ¿ Jul 5, 2014 17:11

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

baquerd posted:

Yeah, I know that growing up poor tends to gently caress with your mind and makes most people financially retarded, but he could have set those 70 people up for life and provided their children with giant windfalls by giving them each 1.5mm trusts withdrawing an ultra-safe inflation adjusted $45k a year. Instead of being broke and that guy that did nice things back in the day, he'd have a legend.

He couldn't have even come close to doing that.

# ¿ Jul 7, 2014 14:35

Adbot: ADBOT LOVES YOU

# ¿ May 15, 2024 19:07

Harry: Jun 13, 2003; I do solemnly swear that in the year 2015 I will theorycraft my wallet as well as my WoW

Cicero posted:

It is if you're the sort who goes "oh man this stock market crash, guess you can't trust the market, time to pull everything out!" like a lot of people apparently did at the bottom of the last recession.

That's pretty much what my dad did this past February when the market dipped. He then bought into AAPL before the split. We're talking for large amounts in both transactions. Only reason why his IRA has money is because he did a massive bet on Ford when it went down to $1.

# ¿ Jul 8, 2014 21:58

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad w/ Money: I just paid for a fat bitches Electric Cock Zapping Sex Toy in Kentucky

«‹›4 »