Risky Bisquick posted:

He tries to claim washroom as a room where he conducts business

quote:

I am currently living paycheck to paycheck trying to pay back loans and credit cards. I take home almost $3,900 a month living with no dependants but find myself constantly with no money. How can I and do I get myself to budget and salvage my credit score while starting to save money?
Here is a breakdown of my bills and other expenses per month:
$1085 Rent (just got a roommate so that will go down to 585)
$467 Student Loan 1
$210 Loan 4
$370 Student Loan 2
$140 Student Loan 3
$110 Car insurance
$140 Electric (soon to be halved)
$70 Internet (Soon to be halved)
$50 subscription services (audible, adobe, etc...)
$20 dollars renter's insurance
~ $150 Gas
The rest is spent on food & drink and and other miscellaneous. It probably comes close to $100 a week I spend on drinks and going out to eat not including groceries. I owe $2,000 to Amex which I just initiated a balance transfer to a 0% apr discover account with and I owe $1,200 to my other credit card which I have just been paying minimum on recently.
Student Loan 1 $21,766 @ 2.99%
Student Loan 2 $15,733 @ 6.00%
Student Loan 3 $37,461 @ ~4.3% (collection of sub & unsub stafford loans)
Loan 4 $5,276 @ 14.69%
Discover balance transfer $2,300 @ 0% (for first 18 months)
Credit Card $1,313
I got the Amex Platinum card not long ago and stupidly treated it like it was free money. One of those loans is a 5,000 dollar personal loan which was used to pay off amex a few months ago. I have a tendency to spend beyond my means and I have been doing so for so long I do not know how to get this under control. I have made questionable purchases including a $3,000 drone (which I am now trying to sell).

Subjunctive posted:

If someone is a a great admin, I don't care if they have furry scat porn in their email signature. Great admins are too scarce to worry about small stuff like that.

John Smith posted:

Nope, I have worked a short time in a government agency before. poo poo can get real stupid when nobody cares, and people don't necessarily care in the public sector.

quote:

This may not be the right subreddit, but this is the only one I look at and the people here seem pretty level-headed, so I thought I'd give it a go:

Background: Been married for about 3.5 years, wife and I finished school a couple years ago. We gross about 140k, and just bought a house (200k, put down 100k). We were able to put down a big down payment since we both like to save money, and both studied things that have application in the market place.

MIL's reaction: MIL was super happy that we bought a home, came and visited, almost cried that her daughter had her own home. All fine. Unfortunately, she is worried that her other three kids (one older than wife, two younger) will be jealous that we have our own house. I have nothing against my siblings-in-law, but they aren't good with money. The younger two are supported by my MIL since they only work part time and the older one lives paycheck to paycheck.

MIL has decided that she wants to buy houses for her other kids. That'd be fine if she had a big pile of money, but she doesn't. She makes a ton of money (200k gross) but it's all spent on her dependent adult kids, new cars, furniture, whole life insurance policies, organic pet food... you get the picture. She has maybe a net worth of 250k, including the equity in her home.

Personal Finance Question: How do I convince my MIL, from a personal finance perspective, it isn't the best idea to buy 3 houses? She somewhat justifies it since she helps 2 of the kids with their rent, so she really is only adding one payment to her load. I have tried to talk to her about retirement, but the current plan is for her to "die at her desk working."

quote:

Like the title says. It's a pyrimad scheme same as Mary Kay, Vector, etc. I've tried to explain to her how it works and how she'll end up with less money and less friends but she just will not listen. Are there any resources anywhere that anyone knows of that could possibly help my case.

All of my research turned up obvious paid promotions, which I'm confident came up in my mothers "research". Most sites just said "Touchstone is not a scam as it's backed by Swarovski and yadda yadda yadda same bullshit."

I'm really worried and I don't know what else to do. Thanks in advance.
*edit, grammar.

totalnewbie posted:

Real talk, is 6% considered a "low" interest rate these days for student loans? Honest question.

About to get a mortgage @ 3.875 and it's making me cringe, though after it closes I'm going to swing by the long term investing forum because I think I'm better off aggressive contributing to a 401k than paying ahead on my mortgage. But that's for that thread.

BWM: buying a house

KYOON GRIFFEY JR posted:

totally and same. I just question the idea that Top-Level College Sports is an integral part of the American collegiate experience, which seems like received gospel at this point.

Mineaiki posted:

My take on nonprofits is that we should look at the actual work they get done and mind our own goddamn business otherwise.

Ebola Roulette posted:

https://www.reddit.com/r/personalfinance/comments/7je5ot/my_debt_situation_is_killing_my_girlfriend_and_i/


BWM: Taking out a $44,000 loan at 12% to get a $7,500 tax credit.

quote:

I was recently considering jumping in and doing the Tai Lopez course as part of a New Years resolution because I looped the Jordan Peterson 'clean your room' thing while I was sleeping. And here's how I know marketing works... The thousands of times that I heard Lopez go "I'm in my garage and these are my books that are so insignificant to my mansion life that I keep them in the garage" followed by that ad where he paid a couple of women to watch him do a kickboxing workout are what I would hear when I woke up, and I was thinking, drat, it's a sign. But it was just advertising inundation. And here's how I know: my friend got scammed for a lot of money because a big part of the Tai Lopez scheme is "impress Tai with how you're willing to invest in yourself [aka - spend money on Tai's poo poo] and he might invest in your company [likely with money you already spent on his garbage." My friend even paid almost $1000 to have dinner with him. Blah...

So I write all that because I'm frustrated. I work 60+ hours a week. I get what seems to me like a decent wage considering my that I don't have any great qualifications, I have a budget that I hold myself too, I only have one credit card bill, no car payment, etc. But trying to save for a down payment is interminable. I don't have a life. My wife is awesome but we're always so tired and it's getting harder and harder for us to not let our financial stress become the only thing our relationship is. No fun. She works too, but at a starting salary in front of a mountain of student loans...

Anyway, I'm sort of just venting, but I'm wondering if anyone has any advice on three topics: 1) Is there a good 'how to relationship in financial stress' resource for couples? 2) Does anyone else have a story about someone like Tai Lopez? 3) How do people get enough money saved to qualify for a mortgage?

Thanks, Ulf

quote:

I work for a provider of store brand credit cards (think Victoria's Secret, Banana Republic, etc.). The average time it takes a customer to pay off a single purchase is six years. And these are cards with an APR of 29.99% typically.

quote:

As most of you know, he was supposed to go home on October 13th, but because he has not been making platelets yet he has had to stay and receive frequent transfusions sometimes daily. With this complication has come a cost of $1600 a day plus hospital fees, so I am going to raise his goal amount to 68k. I know his bills are way more than that, but I feel bad asking more of people.

quote:

Coochy for men is also available

quote:

Hey new to reddit..i thought i would post my story here. I work for a construction company and we do remodeling on homes. We have a rule here that we get to keep anything we find hidden behind the walls. We hired this guy (we really needed a worker badly) who was a total a-hole from day one. Ive been working for this company for 5 years and this guy has only been doing construction for 1 year after he got fired from his accounting job for getting a dui. Anyways..he would always make fun of my clothes and my accent and one day he went too far by telling my boss about my private instagram account pics. He got on my phone and looked through my instagram page and showed my boss pictures of me smoking weed. ( little did he know that my boss is my friend from 8 years when we used to smoke together before we both quit) i was so mad that he violated my privacy then i made a plan to gently caress him over. He was the kind of guy who would always come in late and complain that trains or traffic is why he was always late. One day i over heard him saying that if he won the lottery he would quit this job for not getting the "respect" he deserves. (You have to earn your respect here.) One day i bought some fake gold coins online and i put them in a metal box i found at the antique store and waited for a chance to hide it in a wall. Luckly i did not have to wait long. The day he found the coins it seemed like it was his best day ever. First thing he did when he opened the box.. he called my boss a fing loser and he quit imedietly on the spot. He said" f this place..im rich"... Lol.. little did he know was that, that was the best day of my life. After he quit my boss told us that he was going to fire him anyways for always showing up late...i wish i could see the look on his face when he finds out the gold coins are fake. Best $40 i spent in my life. ( i apologize for my grammar..this just happened today and my addrenaline is pumping hard. Thanks for reading.

Rick Rickshaw posted:

Is this not the place you come to say the things you would never say in real life?

Staryberry posted:

oil educator

quote:

Hi All,

I've currently found myself in a position due to poor financial discussions while in a relationship coming to haunt me after we have separated. I always kept our financial orders in a place where I could cover everything with my income (She did not work) however this is proving tougher than expected. I'm unsure on how to proceed and need to get ontop of things before it is too late.

BACKGROUND

I'm 25 years old and I reside in Australia. I have just come out of a 4 year relationship with 2 children, one of which I may be taking on full time in the near future.

I work full-time as a Network Engineer with big possibilities in the industry due to a large amount of exposure occurring in my early career. I fully expect to see an increase in income over the course of 2018.

INCOME

I currently earn $4,563 AUD a month after taxes.

EXPENSES

All expenses below are monthly figures in AUD.

Rent: $2,120
Power & Gas: $240
Car repayment 1: $300
Car repayment 2: $600
Car Insurance 1: $95
Car Insurance 2: $130
Payday Loan: $136 (This is almost due in full, around $800 owing. This carry's 50% interest per annum and has been open for around 14 months
Credit Card: $~60 (Currently paying the minimum on this, $2000 owing.)
Internet: $90
Total Expenses just on bills: $3,771 AUD

note; this is just in bills, it does not include groceries, petrol travel for work if required etc etc

I'm beginning to struggle and I'm living basically paycheck to paycheck. I get paid fortnightly and once rent and bills come out, I only have $100-200 left to survive the 2 weeks; sometimes none at all.

My main concern is becoming overcome by this debt, especially If I take full time custody of one of my children.

IDEA

I have been tossing around one idea, however I am unsure on if it is a good one.

I believe I can get close to a $25k AUD loan from the bank at a repayment of around $115 per week for 7 years. With this I could do the following;

Pay off car repayment 1: ~$18k
Sell car 1: ~$13,300 - $15,000
Pay off credit card: $2k
Pay off payday loan: ~2k including interest
Pay portion of car sale back into bank loan
Invest some of it? Is this a good idea?
This would assist in the following;

Remove overhead from other loans, reduce interest. However I enter a 7 year loan, exiting the remaining 5 1/2 years in the car loan.
Reduce my current weekly payment (Just for car, loans, credit card and insurance) to $115 from $150
Provide money to invest or put away encase of emergency
Would anyone please be able to assist or shed some light, I have been terrible with money and I do not trust myself to make sure a large decision by entering another 7 year loan.

Many Thanks,

Luke

edit: formatting

Lockback posted:

/r/bitconnect is closed. Here is a glimpse of what it looked like before they locked it

22 Eargesplitten posted:

Post your Funko Pop collection and tell us how much it cost, TIA.

Higgy posted:

There's a loving canyon between "someone likes dumb plastic figurines" and "someone has an undiagnosed mental illness with intense hoarding behavior and spends multiple car payments on dumb plastic figurines per month to the point that his fiance forces him to sign a contract to make an attempt to limit this behavior"

Harry posted:

FI is an interesting subreddit because half of them are so desperate to stop working they reach for crap like this thinking that will be enough, while the other half are so risk averse they chart out 0% real returns.

Good Parmesan posted:

https://www.reddit.com/r/fatFIRE/comments/7q5v6y/25_and_2mm_networth/

25 and 2MM networth

quote:

I hate to say this but I think 2MM to 10MM is very conservative. I expect at least 20MM by end of 2018 based on my portfolio.

quote:

Teenager was injured by playground equipment, HOA was sued and lost because they knew the equipment was defective, didn't follow the manufacturer's maintenance plan, and didn't do their own maintenance. The HOA is currently appealing the verdict. Insurance only covers $2,000,000, leaving $18,000,000. There are 205 homes total. This is in Las Vegas, NV.

My girlfriend owns a home in this community, and we're trying to assess her options. Is it a foregone conclusion that the HOA will have to come up with this money and hit the homeowners with an assessment? With the HOA found liable, can the HOA hold the property management company responsible? Is there anything she and the other homeowners can do about this mess?

Youth Decay posted:

Using your dead mother's Facebook page to hawk MLM crap is Bad With Money and Bad With Morals

GoGoGadgetChris posted:

someone actually said they're glad they got the haircut their dad demanded because otherwise they would've had to take out student loans.

Gross!

EAT FASTER!!!!!! posted:

This would have triggered Tiny Bronto so hard. RIP Tiny Bronto, being a kooky forums conspiracy theorist was shockingly bad with money for you.

quote:

So my dad was crap with money. Originally bought their house in 1998 for $ 160,000. Now In 2018 he has passed away and my mom owes $ 170,000 on the house. My father had a $100,000 life insurance policy. My mother makes appropriately $ 32,000 a year and mortgage payments are $ 1,600 a month. She can not afford a mortgage that high. Also, the house appraises for around $ 300,000 now. What can she do to keep the house?

an actual dog posted:

Leon Trotsky 2012 posted:

Panfilo posted:

Is rent to own on a house really any more BWM than renting already is? I've known people that rented a house for decades, as well as renters that put in an offer to buy the house they rented because they liked living there.

therobit posted:

Why would they care about your work history beyond the last 3 positions/last 5 years or so?

Bird in a Blender posted:

A page late, but yes I realized that giving money to states to lower tuition would never actually work because every government is run by the incompetent, assholes, or incompetent assholes, but a man can dream right?

Also, that Gucci guy spent a lot of money to look like a schlub.

Raldikuk posted:

I'm the $4500 on a goddamn Old Navy card at 24% interest

axeil posted:

https://twitter.com/MarketWatch/status/995381403830243328

I'm guessing the % of 35 year-olds who can say this is vanishingly small.

Atma McCuddles posted:

Re: boatchat, even celebrities get real stupid about boats. See: indie artist/Elon Musk dater Grimes, who in the most Montreal hipster thing ever, lived on a houseboat in Minnesota until it got seized by the popo.

Sirotan posted:

Lotsa poopin', not a lot of showering going on in that household.