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My mom divorced my dad ~10 years ago. It wasn't an angry fight-every-night kind of relationship before that. She just sort of fell out of love I guess, and I can respect that. Anyways, my mom obviously got some money in the divorce from him. I don't know how much, and it's isn't/wasn't really any of my business asking, but I do know that at one point she had ~$50,000 in some type of investments. I think mutual funds or something that they had split up. Anyways, she had some trouble with her taxes this past year and owes the IRS $5000. She doesn't have any of that invested money left because she had to spend it on home repairs to make the place look good, and has to scrimp and save to get groceries. She'll be 60 in two years, and makes a pretty meager living as a teachers aide for students with learning disabilities. It's sad watching her realize that she'll never get to retire. I'm glad she enjoys her work, but she's getting old and has to take care of my 30 year old brother who has autism and is pretty low functioning. It's just frustrating when something happens like her tv breaks, and she just has to get a new tv. Or the awning is broken, and she couldn't possibly have a broken awning, and will have to pay someone to come fix it. At least she doesn't ask me or my sister for loans for things. My dad is much better with money, but still not that smart with it. He lives in a cheap apartment, doesn't really have any debt, and doesn't splurge on big ticket items. That being said, he has done dumb things like lease his truck for three years before purchasing it from the dealer, and then he talks to my sister who wants a new car about how leasing could be an option. I don't say it in front of my dad, but I try to convince my sister that leasing is dumb, and she should wait until she can buy a newer used car with cash. She looks at me dumbfounded and asks, "Dad leased his truck, was that dumb?" Yeah it was dumb, he paid an extra several thousand dollars to rent a truck that he ended up buying anyways. That said, at least my dad will be able to retire in a few years.
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Jun 23, 2013 17:07
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| # ¿ May 4, 2024 17:56 |
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I remember the tags would have estimated values for some time in the future. I'm pretty sure it was 2012. I wonder how accurate they were. I'm guessing not very (except for the ones that were mass produced and weren't expected to be worth much).
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Aug 4, 2013 20:57
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My maternal grandfather passed away when I was 3 in 1989, but I've been told this story by my mom and uncle. I guess my grandmother thought he had lots of money stored away. He owned his own business after all. Well, after he died, my mom, uncle, and grandmother were at the bank and given access to his safe deposit box. My mom said they were in a private room and left alone to access it. My grandma opened the box. Inside was a whopping $2.
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Aug 20, 2013 03:59
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I used to have a roommate who owed some bank like a couple thousand dollars or something, so he never had a bank account while he lived with us so he would be "off the grid" or whatever. He paid his rent every month with a money order. I haven't seen him in a few years, but I'm sure he's still doing the same thing. edit: A lot of my coworkers are pretty terrible with money too. A lot of them have kids, and they make about $10/hr or so, but still get food delivered or go somewhere to eat every day. I have no idea how they can afford that. I work in management and can't even afford that. Well, I can afford it, but I put a money into savings instead of blow it on lovely food. There is no way any of them have any savings. GAYS FOR DAYS fucked around with this message at 17:31 on Mar 15, 2014 |
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Mar 15, 2014 16:22
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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.
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May 4, 2014 18:01
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FrozenVent posted:It... Doesn't? As far as I could tell, he was talking about the same period of time. Like I'm pretty sure he was just asking in general. Something like, "soooo, how does APR affect my monthly payment??????"
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May 4, 2014 18:12
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I dunno. I have liability coverage for bodily injury at $150,000/$300,000 and property at $50,000, uninsured and under-insured motor vehicle coverage at $150,000/$300,000 each, emergency roadside assistance, and medical coverage up to $10,000, so I hardly have the minimum insurance required, for $187.00 every six months. I've been with the same agent since I was 16 (I'm 28 now). I have a clean driving record, a good credit score, I got my rate reduced while I was in college because I got good grades, and when I asked if there was anything else I could to do lower my rate, my agent gave me some video to watch on safe driving, and that bumped it down further. This thread is about people bad with money, though. I have friends who pay like $150 a month for car insurance, just to have the minimum policy required, because they have speeding tickets and DUIs. Plus they have to have nice new cars and poo poo that they can't afford.
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May 4, 2014 20:58
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Yeah. I mean, some people ride bikes to save money. Can you loving believe these loving retards? Don't they know people on bikes get hit by cars all the time? I only ride around town in an armored personnel carrier. 
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May 5, 2014 01:02
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Grumpwagon posted:No, but you didn't have to. Is it Epic? 90% of the people who work at Epic are loving socially awkward nut cases who think their poo poo doesn't stink.
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May 8, 2014 03:40
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Make a new thread. I missed out on the originals when they were around, but read through both of them in their entirety, and it's what got my butt into gear as far as financial responsibility goes. Your wife still do the MLM crap?
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May 8, 2014 10:54
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I was out the other night with a friend of mine, and she was telling me about her sister in law and their situation. She just had twins three months ago. I've never met the father, but from the sounds of it, he's a total loser. They just bought a house with 0% down, and she's the primary bread winner as a dental hygenist. He has some temp job, but is terrible with money, so she makes him hand over the paycheck to her whenever he gets it so he doesn't blow it all on dumb poo poo. This worked against her (I guess, I don't own a house and don't really know the whole mortgage process) when it came time to buying the house, because it's in her name only, but it looks like she has all this extra income which was really his. They have two dogs, and a cat, and he wants to get another dog. He also wants to get the kids ears' pierced at three months old.
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May 12, 2014 13:10
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Oh_Yeah posted:The guy at work I mentioned prior pays $250 a week for some type of lease on his Nissan Navara. All up he would have paid around $60k for it. I can't get specific details because he is pretty unaware of the details of his loan contract, so I am not even sure what type of lease it is, but I know he was suckered into something real bad. The topic came up after he said he skipped a car payment to buy some weed and he was 'pretty high right now'...hahah. Are you somewhere overseas? There's no way we're talking US dollars here, right? I'm assuming you're somewhere in Asia since you called it a Navara.
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May 16, 2014 04:38
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I had a pretty drastic overbite as a child and am extremely thankful that my parents made me get braces. I hated the headgear, I hated the retainer, I hated the metal slicing up the inside of my lips, I hated braces being tightened. I know I would have hated having hosed up teeth more than any of that though.
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May 17, 2014 14:49
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My mom has a debit card but has no idea how to use it. She just writes checks for everything. If she orders something online, she knows how to use the card, but the actual swiping of the card and pressing buttons on the machine confuses her. She also has no idea what her pin number is. She has no problem at places that just take the card and swipe it for her, though.
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May 17, 2014 18:21
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gently caress, I need to look into if I can pay my rent with a CC. I know I can pay online, but it's a $1.50 fee to do it and the rental agency's office is in the same building I live in allowing me to drop off a check on my way out the door in the morning, so I've never done it. Plus I've always just kind of assumed I would have to enter a checking account number and routing number to do it, but if I can use my CC and get cash back, it'd be worth it. Plus I'm trying to get to $1000 on my new card in a 3 month span to get free Amazon Prime for a year. edit: gently caress, I can't. Can only pay online using a checking or savings account. My bad with money story, when I was a freshman I bought an ipod back in 2004. I was able to just swipe my student ID card it and got charged to my student account, and then just paid with my student loans. I thought it was awesome back then. I actually am using it right now however. I can't believe it still works. There's some music on there that I can't get on spotify, so I bust it out every now and then. GAYS FOR DAYS fucked around with this message at 03:22 on May 18, 2014 |
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May 18, 2014 03:16
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Think about all the compounding interest you're going to be missing out on!
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Jun 10, 2014 03:31
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Me being bad with money: I'm buying a used car but I don't have enough money to pay in full in cash Me being good with money (I hope): I'm taking a loan from my dad to cover the remainder, instead of financing it. I could afford the payments and get a pretty good interest rate as I have a credit score around 800, but if some kind of financial emergency pops up, Dad is going to be a lot more forgiving than a bank. Honestly, after this next paycheck, I probably could pay for the whole car myself, but I don't want to wipe out all of my savings to do so.
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Feb 8, 2015 20:55
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pathetic little tramp posted:
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Jun 18, 2015 05:55
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I've never paid for air for my tires. If I go to a gas station and it needs coins to operate, I just go inside and ask them to turn it on. They'll pretty much always do it for you.
GAYS FOR DAYS fucked around with this message at 20:20 on Jul 18, 2015 |
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Jul 18, 2015 20:18
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jaymeekae posted:Yeah the law requires the APR to be stated. I work at a place that requires some kind of proof of address (plasma center) and someone brought in some loan paperwork in order to donate. They borrowed $300 bucks, but the APR was stated at 304%. It had a 12 month term and was going to end up being over $1000 total by the time it was paid off. Guess I can see why she needs to donate plasma.
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Jul 24, 2015 11:29
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lets not derail this thread into something stupid, again.
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Jul 25, 2015 06:49
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A friend/coworker of mine got a BFA in photography from a private university as an out of state student. She now realizes how stupid it was. I don't know the exact amount, but I do know she has a gently caress load of student debt.
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Jul 25, 2015 07:01
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I don't think a balance transfer fee would apply in that situation, would it? And I think it's legal to use a cc to pay your student loans. My dad lent me some Suze Orman dvd about student loans and she said that while in 99% of the cases it's a horrible idea, there are a few situations where it wouldn't be bad, such as having no debt other than student loans, and having a 0% rate for a certain period of time and aggressively paying it off. The dvd is from around 2012 so maybe things have changed since then? Also, holy poo poo, almost 15% on a student loan?!
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Jul 28, 2015 13:53
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Zeppelin Insanity posted:
P.D.B. Fishsticks posted:In my college social circle (U.S. engineering students a decade ago), it was generally seen as an investment in yourself - put in some money now, get back a lot more money in salary later. This, essentially. Also, it helps that I was able to get a job right out of school and can afford to pay all my bills, live on my own, save some money, and pay extra towards my student loans every month. I'm sure my mindset would be different if that were not the case. I have plenty of friends my age who have struggles with their student loans and it seems to be really stressful for them.
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Jul 29, 2015 14:32
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Mocking Bird posted:She should definitely apply for IBR as soon as possible. If she's a teacher, look into the federal loan forgiveness program - certain professions (such as teaching) are eligible for loan forgiveness after 10 years of payments. If her debt exceeds 10 years worth of low IBR payments and her teaching job is eligible, it would make the higher interest and slow payoff matter much, much less. For jobs that aren't eligible for that program, but you still get in on IBR, after 25 years the debt is forgiven too. However the amount left on the loan after the 25 years is taxed as income, IIRC. That isn't the case for the federal loan forgiveness program.
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Jul 30, 2015 01:36
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I play clash of clans a ton, but I've never spent a dollar on that game, and don't plan to. In my clan, the people who spend money are kind of looked down on. I had no idea some people actually paid so much. jfc.
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Jul 30, 2015 10:53
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This thread swings back and forth between awesome and awful on a daily basis. I saw this thread in my control panel with 38 new replies. "Oooh, must be some good bad with money stories!" I thought. That was a bad with forums thought.
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Aug 4, 2015 01:59
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A ton of people at my new job are constantly buying coffee. And not just a regular cup of coffee, but the sugary bullshit that costs an arm and a leg. I poo poo you not they'll get caramel macchiatos from starbucks. Or things like smore lattes with extra marshmallow flavor or whatever super sweet concoction is the latest flavor. I'll often see a starbucks coffee in their hand in the morning meeting, and then in the afternoon meeting, it will be a coffee cup from a different coffee shop. Now don't get me wrong, coffee courses through my veins, but I bring a thermos full of it from a pot I brew at home before work. They always ask me if I want anything when they go on a run, and I always politely decline. The other day they said I'm going to have to get some "real coffee" with them one of these days. Being the new guy I just kind of smiled and was like yeah okay you're right, but christ, I just did some napkin math, and they're spending the equivalent of a months rent each year on sugary bullshit coffee. And that's probably lowballing the amount they buy. Plus they all commute from at least a half hour away and get food delivered often. That's not to say I don't enjoy a coffee drink like that now and then, but oh my God. GAYS FOR DAYS fucked around with this message at 14:11 on Nov 18, 2015 |
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Nov 18, 2015 14:09
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Krispy Kareem posted:It's not spending the money, it's socializing. You can buy the cheapest thing on the menu and still be part of the group. That's not saying he'll get raises from it, but if he's new at his job it's probably a good idea to fit in and not be that guy. I'm not gloating or rubbing it in anyones faces. They ask if I want anything from Starbucks and I say "nah, I'm fine" I'm commenting on how shocking it is for these people to spend 5 bucks a day every day on sugary poo poo. And it's not like they all go out and socialize at starbucks. They come back and drink their coffee at their desks while working on their stuff. Usually 1 person runs and gets it for the others. When there are times for social activity, I take part in it. GAYS FOR DAYS fucked around with this message at 02:01 on Nov 19, 2015 |
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Nov 19, 2015 01:59
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I work at a plasma center, and we have a center physician who oversees our medical staff. He's a pretty cool guy and I get along with him pretty well. He's the center physician for another plasma center which belongs to another company, and he was telling me about an employee that used to work there as either an assistant manager or QA (I forget which). This guy is in his mid 30's, and one day he decided to quit his job (this center is in a pretty run down town with a fairly depressed economy), cash out his entire 401k and pay all the penalties, and become a day trader. About a month later the guy had lost all his money, moved in with his parents and was working as a cashier at Menards. Yikes.
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Apr 28, 2016 22:50
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Did the wife get the pool table?
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May 8, 2016 01:29
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Nitrox posted:What's the story behind the pool table? I never read the archived thread, all these references are like inside jokes. To be honest, spending a weekend reading all the Zaurg threads is what got me motivated to, well, not be like Zaurg.
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May 8, 2016 14:58
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| # ¿ May 4, 2024 17:56 |
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Post the thread zaurg, this is a (divorce) lawyer
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May 9, 2016 23:20
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