Are You In Debt? Why Is It So Hard To Save For You Then?

[SIXPAK GQ]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

[SIXPAK GQ]

where are the mature posters?

[Spiky]

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

why is saving easy for me, and not you??

discuss


Judging by ur pic, u dont even spend much money on ur clothing either, and regarding basic rent, looks like u live in a tikki hut, so no wonder u have 25 grand sittin in ur bank.

[Parallax]

I save my money too but also have a house and a car. The key with getting a house is that your mortgage interest is tax deductible (but your money would be making more for you in stocks). You have to live somewhere though and renting is just money going away and never coming back. When I sell my house this year and move to a new one, I should make about 10K or 15K in profit from appreciation in value.

Put your money in stocks (more than the 401K) if you can and always keep it diversified. Right now two of my positions are bucking the bear market and the other three are being affected by it (but not to the full degree of the index drop). Get a good principal going and you will be a millionare in no time. Or put in whatever principal you can afford and put away some each month from your job (something like 25% of takehome if you can).

Even with 7% gains every year you will be doing amazingly well and be a millionare in no time. I made between 25-33% each of the last two years though and that is just bonus (my target is 15% on average and never below 10% and since I am younger I can be more aggressive since I am not pulling out the money anytime soon).

[bad_cheque]

I avoid debt like the plague. Unless the interest rates are competitive I won't get a loan.

I do save money and don't spend much of buying all kinds of trinkets available on 'deals.' But I once used to be a spendthrift. The reason for my change of thinking is that I see all this stuff as a waste of precious resources of the planet. We should consume less.

[Spiky]

I save my money too but also have a house and a car. The key with getting a house is that your mortgage interest is tax deductible (but your money would be making more for you in stocks). You have to live somewhere though and renting is just money going away and never coming back. When I sell my house this year and move to a new one, I should make about 10K or 15K in profit from appreciation in value.

Put your money in stocks (more than the 401K) if you can and always keep it diversified. Right now two of my positions are bucking the bear market and the other three are being affected by it (but not to the full degree of the index drop). Get a good principal going and you will be a millionare in no time. Or put in whatever principal you can afford and put away some each month from your job (something like 25% of takehome if you can).

Even with 7% gains every year you will be doing amazingly well and be a millionare in no time. I made between 25-33% each of the last two years though and that is just bonus (my target is 15% on average and never below 10% and since I am younger I can be more aggressive since I am not pulling out the money anytime soon).


what the hell? what do u do and how old are u? Where did u buy ur house and what stocks did u invest in u nazi bastard.

I think u wud make an excellent person to handle my funds once i become a millionaire, so holla bak at my PM when I announce.

[hmguy]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

25k isn't alot if you've been working since 15, and having it it sit in bank account, rather explore an invest option and allow ur funds to grow more efficiently

[SIXPAK GQ]

Judging by ur pic, u dont even spend much money on ur clothing either, and regarding basic rent, looks like u live in a tikki hut, so no wonder u have 25 grand sittin in ur bank.

pic has absolutely nothing to do my topic....so what i dont have a shirt on big deal......its just 1 pic, 1 moment....let it go....


lol.......actually it looks bad in the background...but that is my brothers house in san jose, ca worth 1/2 million $.

[SIXPAK GQ]

I save my money too but also have a house and a car. The key with getting a house is that your mortgage interest is tax deductible (but your money would be making more for you in stocks). You have to live somewhere though and renting is just money going away and never coming back. When I sell my house this year and move to a new one, I should make about 10K or 15K in profit from appreciation in value.

Put your money in stocks (more than the 401K) if you can and always keep it diversified. Right now two of my positions are bucking the bear market and the other three are being affected by it (but not to the full degree of the index drop). Get a good principal going and you will be a millionare in no time. Or put in whatever principal you can afford and put away some each month from your job (something like 25% of takehome if you can).

Even with 7% gains every year you will be doing amazingly well and be a millionare in no time. I made between 25-33% each of the last two years though and that is just bonus (my target is 15% on average and never below 10% and since I am younger I can be more aggressive since I am not pulling out the money anytime soon).

i am not a risk taker. so mutual funds and stocks are out of the picture. my company matches 67 cents for every dollar i put in...thats a safe bet..i'll take the free money....well i have a liquid savings account where i am getting 5.05% return....and i have also invested on a 5.75% CD.

[SIXPAK GQ]

what the hell? what do u do and how old are u? Where did u buy ur house and what stocks did u invest in u nazi bastard.

I think u wud make an excellent person to handle my funds once i become a millionaire, so holla bak at my PM when I announce.


Parallax is the man! he is my role model on RD.....

[SIXPAK GQ]

25k isn't alot if you've been working since 15, and having it it sit in bank account, rather explore an invest option and allow ur funds to grow more efficiently


u have to understand that i paid my way to college....i know most of u kids especially desis use their parents money to go to college..and most of u desis live with ur parents for a long time.....

well I have a CD and a high interest savings account...and both i get over 5% return.....its a safe bet...

[Parallax]

what the hell? what do u do and how old are u? Where did u buy ur house and what stocks did u invest in u nazi bastard.

I think u wud make an excellent person to handle my funds once i become a millionaire, so holla bak at my PM when I announce.

I am only 29 (but older for this forum I guess) and I invest in a mix of mutual funds, one countertrend stock with dividends, and an index fund. But I am changing that to all mutual funds. I day traded for a bit when I was in college so I know a lot about the market, selling short, triple witching days and so forth.

But now I am hands off and leave my investments in one place for years at a time. In case you are curious, I am holding one overseas value, one mid-cap value, my mid-cap growth is my anchor but I also have an energy stock (changing that to an energy fund) for bear markets and I had an index stock (QQQQ) but got out of it before the Nasdaq dropped.

I used to deal directly with tech stocks when I was semi day trading (I may hold it a day or up to two weeks) and I made a ton of money during the bubble. Now I just research everything on morninstar and make my picks every couple of years. I pick based on who is running the fund.

Oh, I am a Technical Trainer/Database Administrator/Network Administrator depending on which company I am working for (I sometimes consult, I sometimes take full time jobs, I sometimes take year long projects).

It is hard to lose money if you diversify and even if you are late to a trend (like Gold/South America/Oil in recent years) you can still make tons of money if you get in before the end... but get out before the end too. Gold/South America/Oil made ~100% gains each of the years I am speaking of... so I am not that adventurous. I am somewhere between putting my money in Pepsico and putting it in whatever the fad is. The happy middle.

[SIXPAK GQ]

I am only 29 (but older for this forum I guess) and I invest in a mix of mutual funds, one countertrend stock with dividends, and an index fund. But I am changing that to all mutual funds. I day traded for a bit when I was in college so I know a lot about the market, selling short, triple witching days and so forth.

But now I am hands off and leave my investments in one place for years at a time. In case you are curious, I am holding one overseas value, one mid-cap value, my mid-cap growth is my anchor but I also have an energy stock (changing that to an energy fund) for bear markets and I had an index stock (QQQQ) but got out of it before the Nasdaq dropped.

I used to deal directly with tech stocks when I was semi day trading (I may hold it a day or up to two weeks) and I made a ton of money during the bubble. Now I just research everything on morninstar and make my picks every couple of years. I pick based on who is running the fund.

Oh, I am a Technical Trainer/Database Administrator/Network Administrator depending on which company I am working for (I sometimes consult, I sometimes take full time jobs, I sometimes take year long projects).

It is hard to lose money if you diversify and even if you are late to a trend (like Gold/South America/Oil in recent years) you can still make tons of money if you get in before the end... but get out before the end too. Gold/South America/Oil made ~100% gains each of the years I am speaking of... so I am not that adventurous. I am somewhere between putting my money in Pepsico and putting it in whatever the fad is. The happy middle.


be my financial advisor..i will pay u....take care of my portfolio.....

[Parallax]

be my financial advisor..i will pay u....take care of my portfolio.....

LOL, I pay someone else to do that for me. I pick the stocks though and he runs through all the sell and buy targets and sometimes gives some advice on market trends. It is always good to talk things out with someone else. I didn't want to buy one of my funds because I thought it was overexposed to Amazon (5%) and I didn't think Amazon had a growth model... but he explained to me how Amazon was performing and what the company researchers thought of it. I kept the fund and it made me a lot of money.

[Spiky]

Man this blows, I have no savings, My credit cards almost maxed out...I have student loans like no other, think it wud take me 5 yrs just to pay em off...But its all good, My dad was lecturing me abt money management, but I blame my parents..they never taught me...and maybe its abt time I start workin...but its my last semester so fuck that, I finish and get me a job and everything better be smooth sailin frm then on, hopefully.

[SIXPAK GQ]

LOL, I pay someone else to do that for me. I pick the stocks though and he runs through all the sell and buy targets and sometimes gives some advice on market trends. It is always good to talk things out with someone else. I didn't want to buy one of my funds because I thought it was overexposed to Amazon (5%) and I didn't think Amazon had a growth model... but he explained to me how Amazon was performing and what the company researchers thought of it. I kept the fund and it made me a lot of money.


is there someone that can do everything for me...pick the stocks etc....

[SIXPAK GQ]

Man this blows, I have no savings, My credit cards almost maxed out...I have student loans like no other, think it wud take me 5 yrs just to pay em off...But its all good, My dad was lecturing me abt money management, but I blame my parents..they never taught me...and maybe its abt time I start workin...but its my last semester so fuck that, I finish and get me a job and everything better be smooth sailin frm then on, hopefully.


what is ur reason for max out cc's? student loans are good debt. parents dont need to teach u about money.....ur in school....u have resources...

[frogy]

usually this is how it works

most people (im assuming) have friends...they go out and have fun and end up spending money.

others have gfs and spend money on that as well.


im guessing u have none of those :p

[Spiky]

what is ur reason for max out cc's?

Umm...too many casinos and strip clubs and bars is what strikes me first, but oh well, i am not that worried, I am gonna ask my dad to clear my cc's as my graduation gift, and then I wud just be left with my school loans which isnt bad considering the interest after I consolidate.

[umairhasmi83]

Its american culture.Everyone wants to keep up with the joneses.Just remember the joneses are broke.I know people who are doctors and lawyers and live paycheck to paycheck.Why? 1500 a month car payment,5 grand a month for the gigantic mansion and lets not forget the motorcycle,boat and credit card payments.Easily making 10k a month but at the end most of it is gone.Its our society basically.You wanna have a s series benz instead of the toyota and you wanna wear a 20k rolex instead of a cheap movado.

[SIXPAK GQ]

usually this is how it works

most people (im assuming) have friends...they go out and have fun and end up spending money.

others have gfs and spend money on that as well.


im guessing u have none of those :p



I have friends and i have a FB...they all have their own money......when we go out...they spend their own and i spend mine.....so i am not paying for anyone....and when i had a g/f....she had her own money....

[SIXPAK GQ]

Umm...too many casinos and strip clubs and bars is what strikes me first, but oh well, i am not that worried, I am gonna ask my dad to clear my cc's as my graduation gift, and then I wud just be left with my school loans which isnt bad considering the interest after I consolidate.


casinos and strip bars are waste of money !

[frogy]

I have friends and i have a FB...they all have their own money......when we go out...they spend their own and i spend mine.....so i am not paying for anyone....and when i had a g/f....she had her own money....

FB= fuck buddy? :sarb:


way to go!!!! :cheers: :tjseema:

[SIXPAK GQ]

Its american culture.Everyone wants to keep up with the joneses.Just remember the joneses are broke.I know people who are doctors and lawyers and live paycheck to paycheck.Why? 1500 a month car payment,5 grand a month for the gigantic mansion and lets not forget the motorcycle,boat and credit card payments.Easily making 10k a month but at the end most of it is gone.Its our society basically.You wanna have a s series benz instead of the toyota and you wanna wear a 20k rolex instead of a cheap movado.


right...that is scary!!!!! what if something bad happens to ur health then u cant work and left with all these bills....nothing wrong with that..but u gotta consider the security of ur job too......yea doctors and lawyers can afford to do that..but how many are there....i am talking about a 9-5 corporate person.....

[SIXPAK GQ]

FB= fuck buddy? :sarb:


way to go!!!! :cheers: :tjseema:



yes sir....i dont spend anythng on my FB

i have never spend money on a girl.why should i...they have their own money.....not that i am a gold digger

[PreciousPari]

No Im not in debt even though it feels like I am time to time. lol I still live with my parents, so I don't have that many expenses. I do pay for my things though and help out paying bills sometimes like the family cell plan etc. I don't let my parents give me a dime unless I really really need it. It hasn't gone that far yet and I will make sure it never will.

[SIXPAK GQ]

No Im not in debt even though it feels like I am time to time. lol I still live with my parents, so I don't have that many expenses. I do pay for my things though and help out paying bills sometimes like the family cell plan etc. I don't let my parents give me a dime unless I really really need it. It hasn't gone that far yet and I will make sure it never will.


u dont really count b/c u live with ur parents.....there are people with live with their parents and still are broke..thats pathetic...

[frogy]

yes sir....i dont spend anythng on my FB

i have never spend money on a girl.why should i...they have their own money.....not that i am a gold digger

i totally agree

UNLESS u really like the girl. Then u show her how much u like her by buying her love :thumleft:

[SIXPAK GQ]

No Im not in debt even though it feels like I am time to time. lol I still live with my parents, so I don't have that many expenses. I do pay for my things though and help out paying bills sometimes like the family cell plan etc. I don't let my parents give me a dime unless I really really need it. It hasn't gone that far yet and I will make sure it never will.

if my dad was alive and i was living with my parents..id have over 100K in savings already......

[umairhasmi83]

right...that is scary!!!!! what if something bad happens to ur health then u cant work and left with all these bills....nothing wrong with that..but u gotta consider the security of ur job too......yea doctors and lawyers can afford to do that..but how many are there....i am talking about a 9-5 corporate person.....
Well the doctors n lawyers example was extreme but youd still be shocked at how many people barely make 50k a yr and choose to drive a 40k car.Its even worse with the younger desi adults.Although i certainly hate the jews with a deep passion but its remarkable how most of them have a good sense of savings.Sure you wouldnt ever wanna do business with them but you have to respect the fact that how most of em know how to manage their money.

[SIXPAK GQ]

i totally agree

UNLESS u really like the girl. Then u show her how much u like her by buying her love :thumleft:

doesn work that way.........i dont let love and money mix....u cant buy ur love with money....that is just lust....or ur just looking for sex and other favors......the money is for me..i worked for it..its for me to spend and no one else.....except my immediate family if they need it...

[PreciousPari]

if my dad was alive and i was living with my parents..id have over 100K in savings already......

Im trying to save but its hard. Im gonna get another job as soon as this semester is done.

[SIXPAK GQ]

Well the doctors n lawyers example was extreme but youd still be shocked at how many people barely make 50k a yr and choose to drive a 40k car.Its even worse with the younger desi adults.Although i certainly hate the jews with a deep passion but its remarkable how most of them have a good sense of savings.Sure you wouldnt ever wanna do business with them but you have to respect the fact that how most of em know how to manage their money.


u can drive a 40K car with making 50K a year..that depends on ur other expenses.....a monthly payment of like 700 a month with 0 down on a car give u that 40K car no big deal......younger desi adults just wanna show off their cars...East Asians like to save a lot too....where do u get the fact of jews and savings?

[SIXPAK GQ]

Im trying to save but its hard. Im gonna get another job as soon as this semester is done.


cmon u dont gotta pay rent/mortgage..u live with ur parents..take advantage....do u have a full time job and how much are ur expenses per month.....u should be saving a chunk of check every month.....2nd job is a good idea.......

[la_bele_dame]

I just recently paid off all my college debt, got not major credit card debts( it gets taken care of as I spend) and thats were most of my savings ended up going. Cux of my job i dont really have expenses just appartment and utilities. Food and travel everything gets paid for me by my company. So saving isnt that hard for now. I do have few investments that i did thur my company and then saving accounts and cds that i managed to open while i was working while going to school. I think i am pretty much on my way to better life.

[umairhasmi83]

u can drive a 40K car with making 50K a year..that depends on ur other expenses.....a monthly payment of like 700 a month with 0 down on a car give u that 40K car no big deal......younger desi adults just wanna show off their cars...East Asians like to save a lot too....where do u get the fact of jews and savings?
Personal dealings with them and friends.Also a couple of statistics.Of course im only talking about the jews who live in the US.I knew this guy who was only 55 and never made over 45k in all his life.By the time he was 50 he had managed to pay off his house and had over 500k worth of assests PLUS the house.Pretty admirable in this day and age since most of us have a tendency to get a new car every 3-4 yrs and we HAVE to buy the latest clothes that come out.Although i personally feel that savings are important you should enjoy a bit too.Life is too short.It would suck if one day you were to die suddenly and never having enjoyed yourself too much despite the huge bank account.

[PreciousPari]

cmon u dont gotta pay rent/mortgage..u live with ur parents..take advantage....do u have a full time job and how much are ur expenses per month.....u should be saving a chunk of check every month.....2nd job is a good idea.......

Thats the only thing I don't pay and I wouldn't be able to if I lived on my own, cause I live in one of the best cities in Cali. lol And with car insurance, I help out by paying half of it. I have been working full time over the summer but I do work part time usually and I will be back to working part time in the Fall.

I did a lot of shopping this summer :ashamed: So I paid off all my credit cards and bills with the last check and wow I had nothing left over. It was sad but I don't have anything to worry about now. School expenses are covered because I recieved financial aid. I will only get a 2nd job after this semester. Im doing school full time.

[SIXPAK GQ]

I just recently paid off all my college debt, got not major credit card debts( it gets taken care of as I spend) and thats were most of my savings ended up going. Cux of my job i dont really have expenses just appartment and utilities. Food and travel everything gets paid for me by my company. So saving isnt that hard for now. I do have few investments that i did thur my company and then saving accounts and cds that i managed to open while i was working while going to school. I think i am pretty much on my way to better life.


food is paid by ur company? all meals??? cool u and i are on the same page

[Spiky]

I have friends and i have a FB...they all have their own money......when we go out...they spend their own and i spend mine.....so i am not paying for anyone....and when i had a g/f....she had her own money....

wait...dint u tell us all that u were a 27 yr old virgin?

[SIXPAK GQ]

Personal dealings with them and friends.Also a couple of statistics.Of course im only talking about the jews who live in the US.I knew this guy who was only 55 and never made over 45k in all his life.By the time he was 50 he had managed to pay off his house and had over 500k worth of assests PLUS the house.Pretty admirable in this day and age since most of us have a tendency to get a new car every 3-4 yrs and we HAVE to buy the latest clothes that come out.Although i personally feel that savings are important you should enjoy a bit too.Life is too short.It would suck if one day you were to die suddenly and never having enjoyed yourself too much despite the huge bank account.


if i die..i cant regret anything..the money goes to my family..so its a win-win situation......as long as i go to heaven...u dont take any of ur assets with u when u die....enjoy the money...but wait awhile...save a chunk..make sure u have emergency money for 1 year of savings

[la_bele_dame]

food is paid by ur company? all meals??? cool u and i are on the same pageyeap and since my job requires me to travel.... my foods covered and i dont really have any car expenses..... my car was paid of when i bought it and i dont need insurance since i never use my car...... so its pretty much just sitting there for someone to use...


maybe i should sell it but oh well thats a whole different issue

[SIXPAK GQ]

Thats the only thing I don't pay and I wouldn't be able to if I lived on my own, cause I live in one of the best cities in Cali. lol And with car insurance, I help out by paying half of it. I have been working full time over the summer but I do work part time usually and I will be back to working part time in the Fall.

I did a lot of shopping this summer :ashamed: So I paid off all my credit cards and bills with the last check and wow I had nothing left over. It was sad but I don't have anything to worry about now. School expenses are covered because I recieved financial aid. I will only get a 2nd job after this semester. Im doing school full time.


shopping for what clothes? u dont need a lot....r u paying interest on them cc's? in reality shopping for materialistic isnt really making u happy.....it might make u happy in the mall and when u wear them....think with ur heart deep...is this really what u want in life to be happy? happiness to me are accomplishments..

[SIXPAK GQ]

yeap and since my job requires me to travel.... my foods covered and i dont really have any car expenses..... my car was paid of when i bought it and i dont need insurance since i never use my car...... so its pretty much just sitting there for someone to use...


maybe i should sell it but oh well thats a whole different issue
what about when u come home? they pay for ur food too? so u paid cash for the car? u bought a car but not to use it? why is it sitting there losing value then? if someone else is using it then they better have atleast liabilituy insurance b/c thats the law

[la_bele_dame]

what about when u come home? they pay for ur food too? so u paid cash for the car? u bought a car but not to use it? why is it sitting there losing value then? if someone else is using it then they better have atleast liabilituy insurance b/c thats the law
well when i do come home yeah i got to pay for food but the way things are going rite now- m only home for the weekends.... so thats really not much....

well i have had this car for couple of years and i have used it alot..... atleast before i got into this job.

i know its just sitting there now but i dont plan to continue this job for much longer..... getting tired of all the travelling that i do. so once i get out of this job m gonna get insurance and use the car. till then i dont know

the thing is i dont see the purpose of me paying car insurance when i dont ever get to use my car...... i m always travelling - i get car rentals with insurance whereever m going. so why bother having insurance for my personal car?

[TigerStyle786]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

first of dont tell ur financial info, u can be held at ur next visit to the ATM by felloe RD member' recognize u from ur 6 pax n ask u for a dime or two...

2ndly if u are a MUSLIM important thing to NOTE.. earning interest is THE WORST thing u can ever Do as a believer in Allah

surah bakrah 2:278-279

278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).
======
threre u have it.. its a serious crime, these r the harshest words in quran warning muslims....

one ahadeeth reports dealing in interest is worse than comming zina with ur mother.....

my dad had all plans to buy house that includes mortgage(interest) i am definately puting off his plans, will be no part of it.. why buy a house on earth n earn a house in hell? not a wise decision, pyarey bucho'

[Arshy]

Great thread...

I have no debt, i have no loans and i still do not have a credit card...so i can't spend money that's not mine...

I don't have any savings at all...but i own my own company...it's the 2nd year of trading and all the profits i've made have gone back into the firm....

I have a 5 year plan...and my goal is to reach 250k...

I also work on a 2nd job which keeps payin the bills and my daily costs...

I've learnt that those that bust their ass working when they are young always come out better, i want to retire by the age of the 40...so i guess i got over 15 years to make it work (thas if i'm still alive)...

So my savings is my company....not money (at the moment)!

[Arshy]

first of dont tell ur financial info, u can be held at ur next visit to the ATM by felloe RD member' recognize u from ur 6 pax n ask u for a dime or two...

2ndly if u are a MUSLIM important thing to NOTE.. earning interest is THE WORST thing u can ever Do as a believer in Allah

surah bakrah 2:278-279

278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).
======
threre u have it.. its a serious crime, these r the harshest words in quran warning muslims....

one ahadeeth reports dealing in interest is worse than comming zina with ur mother.....

my dad had all plans to buy house that includes mortgage(interest) i am definately puting off his plans, will be no part of it.. why buy a house on earth n earn a house in hell? not a wise decision, pyarey bucho'

Nice one :D

I don't have any interest in any kind of interest....i just work my butt off and earn the little coin!

[TigerStyle786]

Nice one :D

I don't have any interest in any kind of interest....i just work my butt off and earn the little coin!

excellent arshy bhai, mehnut mai azMat hai.. maula kush rukhey apKo`

[PrOfFaSeE]

i sir
am in debt
for only about $800 on my credit card
i dont find it hard to save
im still looking for a fixed interest product, like a charitable term deposit where i can gift some of the interest gained to ppl that need it
but yeah small business investments are lookin good right about now

[SIXPAK GQ]

well when i do come home yeah i got to pay for food but the way things are going rite now- m only home for the weekends.... so thats really not much....

well i have had this car for couple of years and i have used it alot..... atleast before i got into this job.

i know its just sitting there now but i dont plan to continue this job for much longer..... getting tired of all the travelling that i do. so once i get out of this job m gonna get insurance and use the car. till then i dont know

the thing is i dont see the purpose of me paying car insurance when i dont ever get to use my car...... i m always travelling - i get car rentals with insurance whereever m going. so why bother having insurance for my personal car?

what do u do for work.....if u are on the road even for a sec..u have to have liability insurance..its a law..if ur not using at all..then no reason to get insurance...unless a car runs over ur parked car lol.....

[SIXPAK GQ]

first of dont tell ur financial info, u can be held at ur next visit to the ATM by felloe RD member' recognize u from ur 6 pax n ask u for a dime or two...

2ndly if u are a MUSLIM important thing to NOTE.. earning interest is THE WORST thing u can ever Do as a believer in Allah

surah bakrah 2:278-279

278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).
======
threre u have it.. its a serious crime, these r the harshest words in quran warning muslims....

one ahadeeth reports dealing in interest is worse than comming zina with ur mother.....

my dad had all plans to buy house that includes mortgage(interest) i am definately puting off his plans, will be no part of it.. why buy a house on earth n earn a house in hell? not a wise decision, pyarey bucho'


i am not giving my personal info nor who i bank with.....i only know one RD member who lives close to me..what are the chances i will run into that person at my bank..i visit my bank once a month...this thread is not about religion. i am a ismaili muslim....so interest is ok to earn :) i will give up all my assets when i leave earth and submit to allah....how u going to buy a house for cash in america..its not that easy.....ur life would be miserable....

[SIXPAK GQ]

Great thread...

I have no debt, i have no loans and i still do not have a credit card...so i can't spend money that's not mine...

I don't have any savings at all...but i own my own company...it's the 2nd year of trading and all the profits i've made have gone back into the firm....

I have a 5 year plan...and my goal is to reach 250k...

I also work on a 2nd job which keeps payin the bills and my daily costs...

I've learnt that those that bust their ass working when they are young always come out better, i want to retire by the age of the 40...so i guess i got over 15 years to make it work (thas if i'm still alive)...

So my savings is my company....not money (at the moment)!

what r u planing to do to earn that 250 in 5 years? well thats what i am doing..busting my azz out when i am young.....40 is too young for me..50 sounds good..but i still want to keep on doing something till i die..cant just sit home and collect my social security/ira/401k check.....u arent getting anything from company..how is that savings...

[SIXPAK GQ]

wait...dint u tell us all that u were a 27 yr old virgin?


no...wrong person buddy....i lost virginity at 22.......i currently have a FB...

[SIXPAK GQ]

i sir
am in debt
for only about $800 on my credit card
i dont find it hard to save
im still looking for a fixed interest product, like a charitable term deposit where i can gift some of the interest gained to ppl that need it
but yeah small business investments are lookin good right about now


800 is nothing....

[PrOfFaSeE]

800 is nothing....
thanks mister obvious

[nadiafreez]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss


well house is something important.

and real estate prices usually go up.

but i really dont understand people who live paycheck to paycheck and never have money to chill.

[Spiky]

Great thread...

I have no debt, i have no loans and i still do not have a credit card...so i can't spend money that's not mine...

I don't have any savings at all...but i own my own company...it's the 2nd year of trading and all the profits i've made have gone back into the firm....

I have a 5 year plan...and my goal is to reach 250k...

I also work on a 2nd job which keeps payin the bills and my daily costs...

I've learnt that those that bust their ass working when they are young always come out better, i want to retire by the age of the 40...so i guess i got over 15 years to make it work (thas if i'm still alive)...

So my savings is my company....not money (at the moment)!

u own a company and u dont have a credit card?? where in the hell do u live dude. I mean, do u pay cash every where or debit cards? Damn..

[SIXPAK GQ]

well house is something important.

and real estate prices usually go up.

but i really dont understand people who live paycheck to paycheck and never have money to chill.


they dont have the patience ......they dont realize what they can do with that $1. a value of $1 is just a $1 to me.

[SIXPAK GQ]

u own a company and u dont have a credit card?? where in the hell do u live dude. I mean, do u pay cash every where or debit cards? Damn..
funny thing is that the profit he made went to his company..what did he get??? he has no savings either.....no business account? debits cards is same as cash...

[PreciousPari]

shopping for what clothes? u dont need a lot....r u paying interest on them cc's? in reality shopping for materialistic isnt really making u happy.....it might make u happy in the mall and when u wear them....think with ur heart deep...is this really what u want in life to be happy? happiness to me are accomplishments..

Clothes, jewelry, perfume, food, haircuts, take outs, books, gas etc. Like I said, I have been working full time hours plus a lot of over time this entire summer, so I made more than I need to spend. I splurged on things I liked and needed. I don't plan on doing this once school starts. Yes, I am happy when I buy things but Im much more happier when I know Im saving it as well. Now thats an accomplishment on its own. 8o)

[SIXPAK GQ]

Clothes, jewelry, perfume, food, haircuts, take outs, books, gas etc. Like I said, I have been working full time hours plus a lot of over time this entire summer, so I made more than I need to spend. I splurged on things I liked and needed. I don't plan on doing this once school starts. Yes, I am happy when I buy things but Im much more happier when I know Im saving it as well. Now thats an accomplishment on its own. 8o)


u probably have more clothes then u really need...jewerly? how much do u want? perfume same thing.....food u need...haircuts is a nessesity too....take outs for what? books for college....gas u need too......

[la_bele_dame]

what do u do for work.....if u are on the road even for a sec..u have to have liability insurance..its a law..if ur not using at all..then no reason to get insurance...unless a car runs over ur parked car lol.....
my liability is covered by my amex card , which covers all my rentals ...... so that takes care of it

[SIXPAK GQ]

my liability is covered by my amex card , which covers all my rentals ...... so that takes care of it


oh ok.....what do u do though. travel domestic or international?

[PreciousPari]

u probably have more clothes then u really need...jewerly? how much do u want? perfume same thing.....food u need...haircuts is a nessesity too....take outs for what? books for college....gas u need too......

Yeah so most of my spending goes to what I need than what I want. Yes, I do have more clothes than I need but if I like something I buy it. Or if I can afford it.
Take outs, meaning food that I eat outside from home once in a while. I have stopped doing that too since Im saving. That money goes to fill up my gas tank.

[la_bele_dame]

oh ok.....what do u do though. travel domestic or international?i work with doctors and thats as much as deal i wanna go into... i do normally domestic travel.... but been to canada and our company does deal with few other countries.....

[la_bele_dame]

u probably have more clothes then u really need...jewerly? how much do u want? perfume same thing.....food u need...haircuts is a nessesity too....take outs for what? books for college....gas u need too......
well i dont know if ur familiar with the female kinds.... but we do love our shopping sprees..... so taking that out is just not a possibility....

we are happy when we spend money on our selfs.... thats all u need to know

[SIXPAK GQ]

i work with doctors and thats as much as deal i wanna go into... i do normally domestic travel.... but been to canada and our company does deal with few other countries.....


pharmacy sales? never mind .....deal or detail?

[PreciousPari]

i work with doctors and thats as much as deal i wanna go into... i do normally domestic travel.... but been to canada and our company does deal with few other countries.....

Are you a pharmaceutical sales rep? :D

[SIXPAK GQ]

well i dont know if ur familiar with the female kinds.... but we do love our shopping sprees..... so taking that out is just not a possibility....

we are happy when we spend money on our selfs.... thats all u need to know


i know pari is female.......that is why i brought up clothes to begin with..i shop for clothes for.....lot of people just buy the clothes but they never really wear lot of it...and leave it hanging.....get bored of it after awhile....why would u want to do excessive shopping? to show off? materialistic things will never make u happy......

having a happy family, being healthy, and into my religion makes me happy...what ever floats ur boat...

[SIXPAK GQ]

Are you a pharmaceutical sales rep? :D



lol.....i asked her that earlier

[SIXPAK GQ]

Are you a pharmaceutical sales rep? :D


we both asked her the same q at 209am

[SIXPAK GQ]

i am out...bache log

[la_bele_dame]

Are you a pharmaceutical sales rep? :D
nope.... i work with electronic medical records , which is basically a combination of computation and computer science and medical record keeping.....

and sixpak - i meant detail.......

[PreciousPari]

nope.... i work with electronic medical records , which is basically a combination of computation and computer science and medical record keeping.....

and sixpak - i meant detail.......

Oh nice! Must pay well.
Right now the pharmaceutical industry is in great demand. There is so much hype about it but you have to have connections and know your people in order to even set foot in this industry. My bf is one and says it wasn't an easy task to get in. BUt they make good money and get great benefits. You can even make up to 100 grand a year working in the industry for 2 years. But you have to be THAT good. Its so competitive.

[CremeDeLaCreme]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

You 'starting working for real pay at age 15' and all you have is 25k lmfao

Either your pay was really shit or you can't save. I know people who pay that amount in taxes every year.

[Arshy]

what r u planing to do to earn that 250 in 5 years? well thats what i am doing..busting my azz out when i am young.....40 is too young for me..50 sounds good..but i still want to keep on doing something till i die..cant just sit home and collect my social security/ira/401k check.....u arent getting anything from company..how is that savings...

My plans already in action and it's kicking ass....
i have set up a security firm and with all this terrorism and stuff going on im making money out of people's insecurity...

Im on 3k profits a week work it out...
split between me and my business partner i shud get to my goals pretty much sooner rather than later...

i also have aim's of setting up another two companies in the next two years...im just trying to diversify....

im not getting anything from my company which means my profits are just in a sep account building up!

[Arshy]

u own a company and u dont have a credit card?? where in the hell do u live dude. I mean, do u pay cash every where or debit cards? Damn..
hahaha i live in the UK dude...im all for debit cards....
I have a credit card in the name of my company....but i don't think i have used it till this day,

All the bills are direct debits and more or less everywhere i go accepts debit cards.....

I just won't let them credit sharks hold me down!!

[Arshy]

i have a relative who left school at 14 and went straight into a job....

he's 29 and 90k (uk currency) to his name....and he aint even clever dude lol

[reaz]

you are pretty bad with your money if you are 27 and you have 25k sitting in the bank, yet you pay rent. you're not even married. i am surprised you have only 25k after all this time. you're not doing anything with your 25k either.. you're just living a cheap lifestyle for no good reason..

invest your money or buy a house.. atleast you stop paying rent and make more money out of what you have..

[NYzNiCCa]

when i graduated from college i was in 11 thousand dollars in debt just with credit cards...within a year i paid them all off...but now im back in debt with around 5-6 thousnad dollars.....I fucking hate tempting electronic products! :anger:

[NYzNiCCa]

you are pretty bad with your money if you are 27 and you have 25k sitting in the bank, yet you pay rent. you're not even married. i am surprised you have only 25k after all this time. you're not doing anything with your 25k either.. you're just living a cheap lifestyle for no good reason..

invest your money or buy a house.. atleast you stop paying rent and make more money out of what you have..

:salut: can u rub ur smartness on me reaz! :Pray:

[TigerStyle786]

i am not giving my personal info nor who i bank with.....i only know one RD member who lives close to me..what are the chances i will run into that person at my bank..i visit my bank once a month...this thread is not about religion. i am a ismaili muslim....so interest is ok to earn :) i will give up all my assets when i leave earth and submit to allah....how u going to buy a house for cash in america..its not that easy.....ur life would be miserable....

ahh it wuz a j0ke about the gettin cot by RD'er at ATM thing...

thread is not about religion? right, the faith i believe in is not a RELIGION, its called deen n covers every aspect of life.

being ismaili muslim,u can interest? very odd sect u belong to, that defy's quran's verses.. anyways u wana earn interest ur CHOICE..

i donot wana buy a house in america w/ mortgage, its not worth burning in eternal fire for. If i donot have enuff cash to buy house, then i wont buy the house simple...renting is not that bad, sure ur money is going 2 waste but ur not earning a house in hell aleast. Life miserable ? nothing can harm u or benefit u except thru the will of Allah n ppl have the choice to choose sides,

if my post offends sum1, ignore it... n keep ur replies going to the orgional thread creator's Question, respect

[SIXPAK GQ]

You 'starting working for real pay at age 15' and all you have is 25k lmfao

Either your pay was really shit or you can't save. I know people who pay that amount in taxes every year.


you have to understand that my father died when i was 11..and like most of you spoiled kids on this board do live with ur parents so u guys u dont have pay much bills. think outside the box before you make such comments..i paid my way thru college too...my mom has never worked...if my dad was alive...id have more then 100K of savings......but as of today..i live a happy life knowing i have accomplished a lot then others who live paycheck to paycheck for the rest of their lives........i use to work at a work and 95% of the account had less then 1000.....remember not everyone comes from a upper to middle class family like a lot of the spoiled kids on this board

[PreciousPari]

Just because some of us live with our parents doesn't mean we are spoiled. :rolleyes: I think you are forgetting the fact that we are desis. And to desi standards, desi girls especially, don't leave their home until they are married. So we don't have a choice really to go and live on our own. And going off to college doesn't count because they come back home anyway. Guys on the other hand, move out once they can afford it.

I honestly don't know what you are proud about except the fact that you helped your family out financially. Sure, helping your family out is an accomplishment, a great one too. But a guy your age would have done so much more and saved much more than a measily 25k.

[reaz]

Just because some of us live with our parents doesn't mean we are spoiled. :rolleyes: I think you are forgetting the fact that we are desis. And to desi standards, desi girls especially, don't leave their home until they are married. So we don't have a choice really to go and live on our own. And going off to college doesn't count because they come back home anyway. Guys on the other hand, move out once they can afford it.

I honestly don't know what you are proud about except the fact that you helped your family out financially. Sure, helping your family out is an accomplishment, a great one too. But a guy your age would have done so much more and saved much more than a measily 25k.


yea.. I sensed too much pride..

[SIXPAK GQ]

i have a relative who left school at 14 and went straight into a job....

he's 29 and 90k (uk currency) to his name....and he aint even clever dude lol


what was his situation like? any bills that he paid when he worked? if not..its easy to have 90K

[Arshy]

what was his situation like? any bills that he paid when he worked? if not..its easy to have 90K
He's got 2 kids.....

He never had anything put on a plate for him, i got mad respect for him, he did it the hard way!

[SIXPAK GQ]

you are pretty bad with your money if you are 27 and you have 25k sitting in the bank, yet you pay rent. you're not even married. i am surprised you have only 25k after all this time. you're not doing anything with your 25k either.. you're just living a cheap lifestyle for no good reason..

invest your money or buy a house.. atleast you stop paying rent and make more money out of what you have..


not everyone comes from a upper-middle class family like a lot of people here son. what does being not married have to do with anything? i know people who make over 75 K a year dont have that much savings......i am going to buy goods little by little..but i am happy with my life.....i have accomplished a lot....how many of u actually paid ur college tuition fees on this board?

[SIXPAK GQ]

Just because some of us live with our parents doesn't mean we are spoiled. :rolleyes: I think you are forgetting the fact that we are desis. And to desi standards, desi girls especially, don't leave their home until they are married. So we don't have a choice really to go and live on our own. And going off to college doesn't count because they come back home anyway. Guys on the other hand, move out once they can afford it.

I honestly don't know what you are proud about except the fact that you helped your family out financially. Sure, helping your family out is an accomplishment, a great one too. But a guy your age would have done so much more and saved much more than a measily 25k.

is that ur excuse living with ur parents that u are a desi....I am an american now! i was a desi!......not that there is anything with living with ur parents...but they actually need you..more then they need u when ur older....most desi girls do not even mature at all even after marriage..they never learn how is it live in a real life.....anyone can be book smart!

again u have to understand that my my died when i was 11..and my mother never worked in her life...u might want to pur urself in my shoes and see how u can survive life...i understand most of yall come from upper to middle class families and already have a foundation to build upon....u also have to understand that i have no debt.....most of the US population is in debt......is it just b/c i am a desi i have to have more money? to me there are other things that make me happy..b/c i am not materialistic..i dont have to drive luxury cars to show off even though i can afford it.....u think people who drive new cars like benz and bmws are rich?

[TigerStyle786]

what makes a man, MAN is that he lives up to the responsibilities n sixpack has proven that by helping his family out.

it doesnot matter if ONE has 25K or 25 million, becuz man makes the money...money never makes z man, respect

[SIXPAK GQ]

what makes a man, MAN is that he lives up to the responsibilities n sixpack has proven that by helping his family out.

it doesnot matter if ONE has 25K or 25 million, becuz man makes the money...money never makes z man, respect



what precios pari said was pathetic (typical for a cali girl response)....every one's life situation is different..and u gotta understand most of hte people on this board come from a middle to upper class families and their college tuition is alrady paid by their parents..that a huge plus right there....then someone who actually has to work full time to attend night class and pay bils....i see kids showing off their cars on this board yet they never paid a penny for it......how do u explain that?what matters is that u dont live paycheck to paycheck....make sure u have like 6 months -1 year of savings just incase u go unemployed...have no debt......i think most of the people in america would love to be in my situation......it seems like lot of people are materialistic here...u know u are finacially secure when u ahve 25K in the bank and still wonder what to do it......if i gave someone 25K right now on this board..i am sure theyd blow this one off! an go shopping with it..not very smart.

[Cunard]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

at your age u only have 25K saved up?..especially since u have been working from such a young age...

as for getting a house...it usually an investment...not a loss.....rent on the other hand is useless...u might as well flush that money down the loo....cause your never gonna see it......espcially since your so open about how u could get a house but u choose not too :o

[SIXPAK GQ]

at your age u only have 25K saved up?..especially since u have been working from such a young age...

as for getting a house...it usually an investment...not a loss.....rent on the other hand is useless...u might as well flush that money down the loo....cause your never gonna see it......espcially since your so open about how u could get a house but u choose not too :o


u guys dont read the whole thread do u?


i got bills to pay...its not like i work and save 100% of those amounts....my rent less then $300...so its worth it....i dont got time for maintenence....maybe i am saving up for a house......maybe i will move soon, who knows...

[reaz]

not everyone comes from a upper-middle class family like a lot of people here son. what does being not married have to do with anything? i know people who make over 75 K a year dont have that much savings......i am going to buy goods little by little..but i am happy with my life.....i have accomplished a lot....how many of u actually paid ur college tuition fees on this board?

I paid my own tuition. Infact I am an international student so I paid 3x the tuition you paid. My dad couldn't pay for my tuition. I carried the whole burden on my own. You don't seem me bragging about it because I know there are ppl who have it harder. There are ppl who deserve to go to great colleges but can't and so on.

People who make over 75k a year and dont save up are stupid (provided they haven't invested their money wisely) but that doesn't make you any better. You're bragging that you have 25k saved up? I'll be damned. You're still paying rent. If you are happy with your life that's fine. But that gives you very little right to keep on insinuating that ppl here are spoilt and are not better than you.

Keep in mind. You're 28 and you're talking. My friends are my age (23-24) and bought their own condos as well as keep about $10 cash reserves. They only started work 2-3 years back. Their salaries might be higher, they had bills, they had loans.. But they would be belittling themselves if they started to brag about it. Humility is a virtue.

If you are married your expenses can be higher if you have a child, etc. at 28 a lot of desi men are married and have a child as well.. their expenses are higher. That's what I meant.

You started off saying you dont mean to brag but all your posts were of that nature.

[dandiwal_jatt]

i will be going to university this fall, live there

and i think most probably i will work around 15 hours a week....
do u guys think working while studying can harm my GPA etc and other things b/c i won't be able to make as much contacts with people etc?

or do u think that working is good, first obviously the money, but also i will learn to budget my time, when to devote time to studies etc?


and sixpak, respect to u man, i will most probably be a self made man as well (hopefully) in around 6 years, but i don't think its smart to waste ur money on rent all ur life, buy a small house, or wait a year, housing market is slowing down in most parts of the country...

my dad never invested in stocks, his friends in india make like 10K(rupees) a month on stocks....

i hope some of my freinds in uni. invest in stocks and stuff...b/c i want to learn damnit

[SIXPAK GQ]

I paid my own tuition. Infact I am an international student so I paid 3x the tuition you paid. My dad couldn't pay for my tuition. I carried the whole burden on my own. You don't seem me bragging about it because I know there are ppl who have it harder. There are ppl who deserve to go to great colleges but can't and so on.

People who make over 75k a year and dont save up are stupid (provided they haven't invested their money wisely) but that doesn't make you any better. You're bragging that you have 25k saved up? I'll be damned. You're still paying rent. If you are happy with your life that's fine. But that gives you very little right to keep on insinuating that ppl here are spoilt and are not better than you.

Keep in mind. You're 28 and you're talking. My friends are my age (23-24) and bought their own condos as well as keep about $10 cash reserves. They only started work 2-3 years back. Their salaries might be higher, they had bills, they had loans.. But they would be belittling themselves if they started to brag about it. Humility is a virtue.

If you are married your expenses can be higher if you have a child, etc. at 28 a lot of desi men are married and have a child as well.. their expenses are higher. That's what I meant.

You started off saying you dont mean to brag but all your posts were of that nature.

this thread is about savings money..not really how much u have.....it was disrespectful of couple of u to insult me on this thread, earning money is not easy.....i dont think age matters..there are people who are 50 and still live paycheck to paycheck....heck there are doctors who have no savings..but they have other assets like houses and cars. I can buy a condo in Houston very easily..they cost about 50-70K.....but right now paying rent is the way to go.....i can buy a house now and still have 25K savings and growing whats ur point..i can go buy a new luxury car and still have a same daily balance..i also save about 70-75% of my paycheck every month beat that. i am not bragging of what i do, how much i make or what i have...this thread is savings....most people dont save..
if u are married..then thats 2 income! minus the kids....even bettter..having a kid is a liability..not my fault they have kids and are suffering....there are desi men who have wives that dont work (aka gold diggers)

[SIXPAK GQ]

i will be going to university this fall, live there

and i think most probably i will work around 15 hours a week....
do u guys think working while studying can harm my GPA etc and other things b/c i won't be able to make as much contacts with people etc?

or do u think that working is good, first obviously the money, but also i will learn to budget my time, when to devote time to studies etc?


and sixpak, respect to u man, i will most probably be a self made man as well (hopefully) in around 6 years, but i don't think its smart to waste ur money on rent all ur life, buy a small house, or wait a year, housing market is slowing down in most parts of the country...

my dad never invested in stocks, his friends in india make like 10K(rupees) a month on stocks....

i hope some of my freinds in uni. invest in stocks and stuff...b/c i want to learn damnit


work can distract u from school....15 hours a week not a lot u should be fine i never said i would waste my money on rent all my life...my rent is less then $300 a month.......i live in a middle-upper class neighborhood 2 bed/2 bath apt 1000/sq feet...it is meant for retired people.....

[btown-paki]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss

DO U HAVE WIFE AND KIDS???
did u have to ever pay back student loans???

[SIXPAK GQ]

DO U HAVE WIFE AND KIDS???
did u have to ever pay back student loans???


i have alrady paid of my student loans


what does wife and kids have to do with this?

if i was married..my wife would be working, thats 2x income. i dont plan to have kids. now what?

[PreciousPari]

is that ur excuse living with ur parents that u are a desi....I am an american now! i was a desi!......not that there is anything with living with ur parents...but they actually need you..more then they need u when ur older....most desi girls do not even mature at all even after marriage..they never learn how is it live in a real life.....anyone can be book smart!

again u have to understand that my my died when i was 11..and my mother never worked in her life...u might want to pur urself in my shoes and see how u can survive life...i understand most of yall come from upper to middle class families and already have a foundation to build upon....u also have to understand that i have no debt.....most of the US population is in debt......is it just b/c i am a desi i have to have more money? to me there are other things that make me happy..b/c i am not materialistic..i dont have to drive luxury cars to show off even though i can afford it.....u think people who drive new cars like benz and bmws are rich?

No, its not an excuse, its the way of life, my life. And Im sure there are other desi girls out there just like me. We have choices but we are limited to them. And no, this isn't the 'typical Cali girl response' (wtf does that even mean? lol) But a wannabe white guy like yourself can't comprehend such a thing.

You must be psychic to say that all of us on the board are from middle/upper class. And that none of us work just as harr or harder than you. Im sure there are people on here who have done what you have done and more. Lots more. And they have every reason to boast about it.

You're an idiot, a fucked up one to say the least. How can you say you're not desi? Just because you live in America? You're so full of shit. You're are just white washed or at least thats what you think you are. If you were a true American you would at least know how to write in English and make sense of the topics you propose.

I think its a no brainer, when it comes to taking care of parents. We need them as much as they need us at any given age. They are our providers, our protecters (nurture) and of course, when its our turn, we will do the same.

Oh and I don't have to be in your shoes to understand how its like in taking care of someone. Also, a no brainer. Please shut it with your 'oh I was working at a young age because my dad died blah blah blah crap. Save it and stop being so repetitive. Do you want us to be sympathetic? We are but now you are just talking out of your ass. You have done nothing so far in your life other than being the man that you are to help out a family in need but you're not the only one and what else have you done besides being a real 'mard?' Absolutely nothing! So don't boast about what you haven't done. You have set yourself up to be insulted. And you did that all on your own. You say that you aren't a big spender, well how could you be? You only have a stinkin 25k sitting in your account!

And you're wrong, everyone can't be book smart. Certainly not you. I guess intelligence was never your strong suit.

[impactcrew]

No, its not an excuse, its the way of life, my life. And Im sure there are other desi girls out there just like me. We have choices but we are limited to them. And no, this isn't the 'typical Cali girl response' (wtf does that even mean? lol) But a wannabe white guy like yourself can't comprehend such a thing.

You must be psychic to say that all of us on the board are from middle/upper class. And that none of us work just as harr or harder than you. Im sure there are people on here who have done what you have done and more. Lots more. And they have every reason to boast about it.

You're an idiot, a fucked up one to say the least. How can you say you're not desi? Just because you live in America? You're so full of shit. You're are just white washed or at least thats what you think you are. If you were a true American you would at least know how to write in English and make sense of the topics you propose.

I think its a no brainer, when it comes to taking care of parents. We need them as much as they need us at any given age. They are our providers, our protecters (nurture) and of course, when its our turn, we will do the same.

Oh and I don't have to be in your shoes to understand how its like in taking care of someone. Also, a no brainer. Please shut it with your 'oh I was working at a young age because my dad died blah blah blah crap. Save it and stop being so repetitive. Do you want us to be sympathetic? We are but now you are just talking out of your ass. You have done nothing so far in your life other than being the man that you are to help out a family in need but you're not the only one and what else have you done besides being a real 'mard?' Absolutely nothing! So don't boast about what you haven't done. You have set yourself up to be insulted. And you did that all on your own. You say that you aren't a big spender, well how could you be? You only have a stinkin 25k sitting in your account!

And you're wrong, everyone can't be book smart. Certainly not you. I guess intelligence was never your strong suit.

WOW LOL Rant and rave over mademoiselle if so hello :wavey:

Best way to plan yr finances is to work to a budget nad i have learned that way!

[PreciousPari]

lol Hi :)

[impactcrew]

lol Hi :)

Bonjour,

So what brought on a perfectly calm lady to spring into action like a cat pawing away at another cat then!

[PreciousPari]

Bonjour,

So what brought on a perfectly calm lady to spring into action like a cat pawing away at another cat then!

Well first off, I am calm. I just hate stupid people like him. Anyway, I know what his response will be next....

'I'v seen better'

[TigerStyle786]

just amazing how a friendly thread turns into a cut-eachothers-throat one.. i mean if u feel someone is showing off o woteva, u dont really have to BRING HIM/HER down...

Try to tone down the rhetric seriously. Lots of generalization/name-calling, insults, hehe i mean what is this jerry springer?

its OK we live in a world full of ppl, where people have different perceptions/opinions so dont take things personally or shoot the other 1 down..

didnt wana take part in this thread until i read sum severe responses aiming at eachother...

dont make me take out my belt u two :o

[impactcrew]

Well first off, I am calm. I just hate stupid people like him. Anyway, I know what his response will be next....

'I'v seen better'

lol Mind reader i see!

Calm at 3am in the morning, i would have been sleepy, looks like you are a night owl! :D

[PreciousPari]

lol Mind reader i see!

Calm at 3am in the morning, i would have been sleepy, looks like you are a night owl! :D

Im actually very tired. I was out all day on my day off. I went swimming at my friend's pool after heading out to the beach for a picnic with close friends. Then went to my other friend's house for dinner and a movie. I just got back home and Im exhausted. I have to get going now. Have to sleep as I have work tomorrow morning. Sooo I'll catch ya later. Take care & Gnite :wavey:

[impactcrew]

Im actually very tired. I was out all day on my day off. I went swimming at my friend's pool after heading out to the beach for a picnic with close friends. Then went to my other friend's house for dinner and a movie. I just got back home and Im exhausted. I have to get going now. Have to sleep as I have work tomorrow morning. Sooo I'll catch ya later. Take care & Gnite :wavey:

Will catch up with you for a proper chat one of these days till then sleep tite and wet dreams! :bhapi:

[bigkid]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss
summ ppl are at home laughing cause you only have 25k :rofl:

[bigkid]

btw your smart for not going into debt over a house or car.

and just so u know most ppl feel that they should be able to
have a personal indulgence or 2, and thats usually what it is
a house, and a car.

[reaz]

btw your smart for not going into debt over a house or car.

and just so u know most ppl feel that they should be able to
have a personal indulgence or 2, and thats usually what it is
a house, and a car.

a house is a good debt. It's not a personal indulgence. you know this. If he buys a house and rents it out it generates income. If he buys a house and lives in it, he does not lose money because the house is a tangible asset.

[reaz]

this thread is about savings money..not really how much u have.....it was disrespectful of couple of u to insult me on this thread, earning money is not easy.....i dont think age matters..there are people who are 50 and still live paycheck to paycheck....heck there are doctors who have no savings..but they have other assets like houses and cars. I can buy a condo in Houston very easily..they cost about 50-70K.....but right now paying rent is the way to go.....i can buy a house now and still have 25K savings and growing whats ur point..i can go buy a new luxury car and still have a same daily balance..i also save about 70-75% of my paycheck every month beat that. i am not bragging of what i do, how much i make or what i have...this thread is savings....most people dont save..
if u are married..then thats 2 income! minus the kids....even bettter..having a kid is a liability..not my fault they have kids and are suffering....there are desi men who have wives that dont work (aka gold diggers)

I am not insulting you but I am reminding you that you're not making good use of your money AND that you have little to brag about. Having a house is actually better than saving up money. The rate of inflation is about 2-3% per year. A savings account will give you 4-5% per year. So your rate of return is 2% per year. A house provides you with 6-10% rate of return per year in Texas. But instead you're renting. That's not a smart thing to do.

If you can buy a house and choose not to do so then it's stupid. Just like it's stupid for doctors and lawyers to live from pay check to pay check because they spend everything. Saving is good but you're not saving when you pay rent. That was my point. You're going on about how you can afford a house or car, etc. I know you can. I dont want to talk about cars because that's a waste. But you're 28. You started early. Sure you had difficulties but by now if you have 25k lying around you should consider investing in a house so that you dont have to pay rent.

Wives who don't work usually dont do so to take care of the kids and work at home, etc. They are not always gold diggers.

[**bambina**]

well, i really dont know why your making such a big deal about having 25k in your bank and how you get 5 something % on it.

to me, that is just plain stupid. your 28 years old and your paying rent. to me, thats a big waste of money.

buying a house isnt a debt. you pay rent, instead you pay abit more and pay a mortage and what not, but in the end the money is going to whats yours.

and so what if someone who can afford the payments to a new car, buys a new car.

your making such a big deal about saving, but whats the point of saving and not doing anything with it, that will increase the money u have invested.. i.e buy a house, stocks etc etc.

now, if you had 1million in your account and you said u lived off the 5% interest, then yes, your smart, coz then u have $50,000 a year to spend.

plus another thing. u dont make yourself sound too appealing to women. i know if i were to be single, and some guy bragged about how he has 25k saved up, but no other assets and is your age, i would laugh in his face. are u single? if you are i wont be suprised.

another thing, i am gonna back up preciouspari on this, i live with my parents, out of my choice. i pay my way and i have ll the freedom i want. i am 25 and in the next 2 years i am planning to buy my own place, but not actually gonna live in it. i will rent it out. now to me thats a smart thing to do, because, not only i am putting the money i have saved towards soemthing i can call mine. but my money invested into my house will appreciate. plus i will find tenants, it will help towards the mortage payments and in the mean time i will live with my parents, contribute to the household (i rather give them money then rent somewhere else).

[SIXPAK GQ]

Thats ur way of excuse to take the easy way out. not an accomplishment for sure. dont worry about other 'desi' girls. women are women. desi or not. you live in USA as far as I know not India. So you have 100% freedom in usa as far as i know from the laws. no one can tell u what to do or keep u hostage as long as u abide the laws. i am not white. most of the people are from middle/upper class here.....lower class people can't afford internet access or have a chance to access the internet. i dont care about what others have done. i dont compare myself to others. i am happy where i am today with the god's blessings. I am not a Desi!...my physical features maybe Desi but i am not. I consider myself an American. I have left my pathetic country that i came from and have no ties with them! although i dont have anythign against the people. There are americans who don't speak good english and these are people who were born here. This is not a english class so it doesnt matter. I am myself.

tere jaise kutiya aaj zindagi mein mila he nahi.....bahenchod lol....the bottom line is that i have accomplished other stuff that is not related to money which i will not disclose here.....i am happy with my life so thats all that matters..there are people who have lots of money in life but are unhappy...wonka was right about u but i wont tell anything that he told me about u......i am street smart not book smart! ab hat yahah se.....



No, its not an excuse, its the way of life, my life. And Im sure there are other desi girls out there just like me. We have choices but we are limited to them. And no, this isn't the 'typical Cali girl response' (wtf does that even mean? lol) But a wannabe white guy like yourself can't comprehend such a thing.

You must be psychic to say that all of us on the board are from middle/upper class. And that none of us work just as harr or harder than you. Im sure there are people on here who have done what you have done and more. Lots more. And they have every reason to boast about it.

You're an idiot, a fucked up one to say the least. How can you say you're not desi? Just because you live in America? You're so full of shit. You're are just white washed or at least thats what you think you are. If you were a true American you would at least know how to write in English and make sense of the topics you propose.

I think its a no brainer, when it comes to taking care of parents. We need them as much as they need us at any given age. They are our providers, our protecters (nurture) and of course, when its our turn, we will do the same.

Oh and I don't have to be in your shoes to understand how its like in taking care of someone. Also, a no brainer. Please shut it with your 'oh I was working at a young age because my dad died blah blah blah crap. Save it and stop being so repetitive. Do you want us to be sympathetic? We are but now you are just talking out of your ass. You have done nothing so far in your life other than being the man that you are to help out a family in need but you're not the only one and what else have you done besides being a real 'mard?' Absolutely nothing! So don't boast about what you haven't done. You have set yourself up to be insulted. And you did that all on your own. You say that you aren't a big spender, well how could you be? You only have a stinkin 25k sitting in your account!

And you're wrong, everyone can't be book smart. Certainly not you. I guess intelligence was never your strong suit.

[SIXPAK GQ]

Well first off, I am calm. I just hate stupid people like him. Anyway, I know what his response will be next....

'I'v seen better'


to yahah kya rahi hon mere dhagey mein.....?

[SIXPAK GQ]

just amazing how a friendly thread turns into a cut-eachothers-throat one.. i mean if u feel someone is showing off o woteva, u dont really have to BRING HIM/HER down...

Try to tone down the rhetric seriously. Lots of generalization/name-calling, insults, hehe i mean what is this jerry springer?

its OK we live in a world full of ppl, where people have different perceptions/opinions so dont take things personally or shoot the other 1 down..

didnt wana take part in this thread until i read sum severe responses aiming at eachother...

dont make me take out my belt u two :o


in no one way i am bragging ,,,,people need to rearead my post..this post is about savings

[SIXPAK GQ]

summ ppl are at home laughing cause you only have 25k :rofl:


they dont know of any other assets that i have...there are doctors who dont even have 25K savings.....so yea with allah's blessings..i am very happy..mashallah.....

[SIXPAK GQ]

btw your smart for not going into debt over a house or car.

and just so u know most ppl feel that they should be able to
have a personal indulgence or 2, and thats usually what it is
a house, and a car.


i am sure there are people who want to show off with their lexus/benz/bmw ..when i look at them....i think......daym, they must be broke now.....

[SIXPAK GQ]

I am not insulting you but I am reminding you that you're not making good use of your money AND that you have little to brag about. Having a house is actually better than saving up money. The rate of inflation is about 2-3% per year. A savings account will give you 4-5% per year. So your rate of return is 2% per year. A house provides you with 6-10% rate of return per year in Texas. But instead you're renting. That's not a smart thing to do.

If you can buy a house and choose not to do so then it's stupid. Just like it's stupid for doctors and lawyers to live from pay check to pay check because they spend everything. Saving is good but you're not saving when you pay rent. That was my point. You're going on about how you can afford a house or car, etc. I know you can. I dont want to talk about cars because that's a waste. But you're 28. You started early. Sure you had difficulties but by now if you have 25k lying around you should consider investing in a house so that you dont have to pay rent.

Wives who don't work usually dont do so to take care of the kids and work at home, etc. They are not always gold diggers.


I am debt free buddy......does it look like i am bragging..what does my first line say in this thread? r u guys blind or what? so if i had a house with 10K savings..u would think i am good? i maybe be renting but i dont pay a lot..what if i lose my job or move? this thread is not about my other assets or how muich i have..its sabout SAVINGS strictly.....i save more then 60% of my paycheck , whats ur point? i will consider buying a house....but i dont want to be setback...so i can wait....being rich is not my priority in life...i live a good life whether i live in a house or a apt.....

about the wife issue, thats a different topic....i think they are gold diggers...why arent they working then? what if the husband loses his job? then what? kids are a liability...

[SIXPAK GQ]

waht does my first line say in the thread? read it again..and keep repeating until u get in in ur skull.......age has nothing to do with this...there are people in 50's who rent...that depends on the life situation...there are people who are millionaires and then go broke......not everyone has the same financial scenerio.....and not everyone becomes what they wanna become......i pay less then 300 for rent..a bit more for mortgage..? go do ur research

buying a house is a good debt but still a debt..u borrowed money from a lender..u have to pay it back. paying rent is not a debt


now how many people have a house on this board? and how many people are financially independant like myself...5 out of 10,000?

if i am not doing anything with it that means i am settled....i dont see a need to spend it..i am debt free! i can use this money to help out my family..remember its not always about me me me..its about helping out others who need help..its a good deed is islam...


if i had 1 million..id have some houses.....
my savings are invested in CD and high interest rate accounts...so i am earning 5-6% return.....

u are no one to judge me..i dont care .....remember not everyone is as fortunate as you and not everyone comes from a wealthy family.....there are people who are very poor in third world countries..i donate money there..they need it more then i do....


well, i really dont know why your making such a big deal about having 25k in your bank and how you get 5 something % on it.

to me, that is just plain stupid. your 28 years old and your paying rent. to me, thats a big waste of money.

buying a house isnt a debt. you pay rent, instead you pay abit more and pay a mortage and what not, but in the end the money is going to whats yours.

and so what if someone who can afford the payments to a new car, buys a new car.

your making such a big deal about saving, but whats the point of saving and not doing anything with it, that will increase the money u have invested.. i.e buy a house, stocks etc etc.

now, if you had 1million in your account and you said u lived off the 5% interest, then yes, your smart, coz then u have $50,000 a year to spend.

plus another thing. u dont make yourself sound too appealing to women. i know if i were to be single, and some guy bragged about how he has 25k saved up, but no other assets and is your age, i would laugh in his face. are u single? if you are i wont be suprised.

do u i care about ur life? ........this thread is about savings ....

another thing, i am gonna back up preciouspari on this, i live with my parents, out of my choice. i pay my way and i have ll the freedom i want. i am 25 and in the next 2 years i am planning to buy my own place, but not actually gonna live in it. i will rent it out. now to me thats a smart thing to do, because, not only i am putting the money i have saved towards soemthing i can call mine. but my money invested into my house will appreciate. plus i will find tenants, it will help towards the mortage payments and in the mean time i will live with my parents, contribute to the household (i rather give them money then rent somewhere else).

[**bambina**]

ok i dont really get it. if this was simply about saving, then why are you telling everyone how u have 25k in your bank account?

ppl who are 50 and rent, are ppl that cant afford to buy a house. how many times does one have to tell you that a house is not a debt. its an investment.

you keep going on and on and on and on about how debt free you are. well buddy, i dont even own a single credit card let alone have a loan somewhere!

also rememeber, ppl that do have debts, can have a very good reason to why they do have them, and for me its much sensible to pay off the debt first then save money.

now dont compare yourself to ppl on this board, remember, u are nearly 10 years older then most of them.

i am not from a wealthy family, mummy and daddy didnt pay for everytthing thru out my life. now i do everything for myself. i live with them, but rather then paying rent to some else, i rather give it to them.

ok, so u talk about islam and how its a good deed to give money away, true, but also in islam, its believed that if god has given you the ability to live a good lifestyle you shouldnt throw it away.

[SIXPAK GQ]

READ THE FIRST LINE I WROTE IN THIS THREAD!

a house is a investment but u are also in debt b/c u borrow money from a bank! u have to pay back. i have 2 credit cards but i dont use it. the only reason u dont have any debts is b/c ur a daddy's girl who lives with her parents in her mid twenties. its easier to save money when u dont have bills to pay......i am in a better spot b/c i don have any debts...i am not comparing myself...but i see people spending money left and right and maxing out their cc's. i am living a good lifestyle..... and i am happy....so i dont think have more money will make me more happier....b/c u arent taking any with u when ur dead!


ok i dont really get it. if this was simply about saving, then why are you telling everyone how u have 25k in your bank account?

ppl who are 50 and rent, are ppl that cant afford to buy a house. how many times does one have to tell you that a house is not a debt. its an investment.

you keep going on and on and on and on about how debt free you are. well buddy, i dont even own a single credit card let alone have a loan somewhere!

also rememeber, ppl that do have debts, can have a very good reason to why they do have them, and for me its much sensible to pay off the debt first then save money.

now dont compare yourself to ppl on this board, remember, u are nearly 10 years older then most of them.

i am not from a wealthy family, mummy and daddy didnt pay for everytthing thru out my life. now i do everything for myself. i live with them, but rather then paying rent to some else, i rather give it to them.

ok, so u talk about islam and how its a good deed to give money away, true, but also in islam, its believed that if god has given you the ability to live a good lifestyle you shouldnt throw it away.

[**bambina**]

READ THE FIRST LINE I WROTE IN THIS THREAD!

a house is a investment but u are also in debt b/c u borrow money from a bank! u have to pay back. i have 2 credit cards but i dont use it. the only reason u dont have any debts is b/c ur a daddy's girl who lives with her parents in her mid twenties. its easier to save money when u dont have bills to pay......i am in a better spot b/c i don have any debts...i am not comparing myself...but i see people spending money left and right and maxing out their cc's. i am living a good lifestyle..... and i am happy....so i dont think have more money will make me more happier....b/c u arent taking any with u when ur dead!


ok, how many times do i have to put it thru your thick head that, even if i am in my mid 20's and live with my parents, i actually indirectly to pay them rent. i pay all my bills, and i dont take money off my parents.

so your telling me, giving away money every month in rent is ok, but paying a mortage is bad coz your in debt? u dont get it do, property appreciate, so say 5 years later you dont want that house anymore, u can sell it, u will surely make a profit, and whatever money u borrowed u can pay it off.

u started working at 14, most ppl dont actually start working full time until they 22/23... and they have collage loans.

and btw, i do save. your not the only one.

[reaz]

I am debt free buddy......does it look like i am bragging..what does my first line say in this thread? r u guys blind or what? so if i had a house with 10K savings..u would think i am good? i maybe be renting but i dont pay a lot..what if i lose my job or move? this thread is not about my other assets or how muich i have..its sabout SAVINGS strictly.....i save more then 60% of my paycheck , whats ur point? i will consider buying a house....but i dont want to be setback...so i can wait....being rich is not my priority in life...i live a good life whether i live in a house or a apt.....

about the wife issue, thats a different topic....i think they are gold diggers...why arent they working then? what if the husband loses his job? then what? kids are a liability...

yes you are bragging. you are putting down everyone else.

yes, if you had a house and 10k savings you're better. 300x12 = 3600. That's how much you give up in one year in rent. 25,000 x 0.0505% = 1262.5 is how much your money grows in your account per year. Now do you understand why I think you dont know how to save or make good use of your money? Even if you put your money in a CD of 5.75% you'd be making 1437.5. You might argue that compound interest works in your favour in a savings account. Guess what. Rent appreciates every year so that cancels it out. So you're actually losing money. That's why owning a house and having only 10k in savings is better than having 25k in savings and renting.

You speak about job volatility and flexibility. Job volatility is always an issue. You might move somewhere else. Guess what.. if you've held the property for less than 2 years it's a problem because the house doesn't appreciate as much. However, you can keep renting it out and then sell it for a profit after 2 years.

The reason I am berating you is that you have a pompous attitude when it comes to money but you handle your money poorly because you hoard your money but it's not really growing at the rate you're spending.

you're taking your standards and applying it across the board, claiming that you are the best and none can come close. That is bragging. I am not stupid. I can read and understand. You said you wont brag but that's all you did.

If this thread is not about your assets or savings you wouldn't mention actual figures.

[**bambina**]

yes you are bragging. you are putting down everyone else.

yes, if you had a house and 10k savings you're better. 300x12 = 3600. That's how much you give up in one year in rent. 25,000 x 0.0505% = 1262.5 is how much your money grows in your account per year. Now do you understand why I think you dont know how to save or make good use of your money? Even if you put your money in a CD of 5.75% you'd be making 1437.5. You might argue that compound interest works in your favour in a savings account. Guess what. Rent appreciates every year so that cancels it out. So you're actually losing money. That's why owning a house and having only 10k in savings is better than having 25k in savings and renting.

You speak about job volatility and flexibility. Job volatility is always an issue. You might move somewhere else. Guess what.. if you've held the property for less than 2 years it's a problem because the house doesn't appreciate as much. However, you can keep renting it out and then sell it for a profit after 2 years.

The reason I am berating you is that you have a pompous attitude when it comes to money but you handle your money poorly because you hoard your money but it's not really growing at the rate you're spending.

you're taking your standards and applying it across the board, claiming that you are the best and none can come close. That is bragging. I am not stupid. I can read and understand. You said you wont brag but that's all you did.

If this thread is not about your assets or savings you wouldn't mention actual figures.

:werd: thats what i asked and never got an answer!

[TaCoMaStUd]

I cant save, because when i do save all my money goes to tuition, and when i go to school, i got bills to pay left and right, so its hard for me. I bought my new truck 9 months ago, not because i WANTED to, because i NEEDED to, my old car was breaking down left and right, i was paying too much to fix it, so i rather buy a new car.

Imran everyone isn't the same, not everyone wants to pay rent like you do, if i had 25k like you did, i would 1st off pay off my mother's house for her and take on the mortgage for her, take that burden off of her shoulders.

[SIXPAK GQ]

Good job copying my style of thick head......you arent 100% financially independant though. if u are going to move or dont plan on living at one spot for a long period of time, it is not a good idea to buy a house. mortgage debt is good debt....but ur telling me that mortgage is not a debt! which is incorect.....

ok, how many times do i have to put it thru your thick head that, even if i am in my mid 20's and live with my parents, i actually indirectly to pay them rent. i pay all my bills, and i dont take money off my parents.

so your telling me, giving away money every month in rent is ok, but paying a mortage is bad coz your in debt? u dont get it do, property appreciate, so say 5 years later you dont want that house anymore, u can sell it, u will surely make a profit, and whatever money u borrowed u can pay it off.

u started working at 14, most ppl dont actually start working full time until they 22/23... and they have collage loans.

and btw, i do save. your not the only one.

[reaz]

Good job copying my style of thick head......you arent 100% financially independant though. if u are going to move or dont plan on living at one spot for a long period of time, it is not a good idea to buy a house. mortgage debt is good debt....but ur telling me that mortgage is not a debt! which is incorect.....

she didnt say mortgage was not a debt. that much is evident in her post. she's just saying it's not a bad debt.

[SIXPAK GQ]

nope not bragging..others started to put me down ..read the thread again....anpar jahil lol......

i have no info ot my other assets..so if i posted 10K instead of 25K ..id be consider even more pathetic....rent has been same for me for a lot of years.....maybe in ur area its higher ....

i dont have any debts! though...i dont use credit cards....there are many people do that in this board....trust me i am not braggin..read my first line! on the thread

yes you are bragging. you are putting down everyone else.
this thread is about saving money..not how much i have..or what assets i have......ur misunderstanding me



yes, if you had a house and 10k savings you're better. 300x12 = 3600. That's how much you give up in one year in rent. 25,000 x 0.0505% = 1262.5 is how much your money grows in your account per year. Now do you understand why I think you dont know how to save or make good use of your money? Even if you put your money in a CD of 5.75% you'd be making 1437.5. You might argue that compound interest works in your favour in a savings account. Guess what. Rent appreciates every year so that cancels it out. So you're actually losing money. That's why owning a house and having only 10k in savings is better than having 25k in savings and renting.

You speak about job volatility and flexibility. Job volatility is always an issue. You might move somewhere else. Guess what.. if you've held the property for less than 2 years it's a problem because the house doesn't appreciate as much. However, you can keep renting it out and then sell it for a profit after 2 years.

The reason I am berating you is that you have a pompous attitude when it comes to money but you handle your money poorly because you hoard your money but it's not really growing at the rate you're spending.

you're taking your standards and applying it across the board, claiming that you are the best and none can come close. That is bragging. I am not stupid. I can read and understand. You said you wont brag but that's all you did.

If this thread is not about your assets or savings you wouldn't mention actual figures.

[**bambina**]

Good job copying my style of thick head......you arent 100% financially independant though. if u are going to move or dont plan on living at one spot for a long period of time, it is not a good idea to buy a house. mortgage debt is good debt....but ur telling me that mortgage is not a debt! which is incorect.....


god, your head up is soo your ass that it can see aything esle apart from shit!

it is a good idea to buy a house, i can afford the payments, i should buy it. if i dont live in it, i rent it and whatever rent i get i pay towards the mortage. at the end of the day, the house is MINE. and 5 -10 years down the line, the property i have will increase in value.

i rather not be 100 % financially independent (according to you) but i atleast i can say i am not stupid with my money.

[**bambina**]

nope not bragging..others started to put me down ..read the thread again....anpar jahil lol......

i have no info ot my other assets..so if i posted 10K instead of 25K ..id be consider even more pathetic....rent has been same for me for a lot of years.....maybe in ur area its higher ....

i dont have any debts! though...i dont use credit cards....there are many people do that in this board....trust me i am not braggin..read my first line! on the thread


just coz ppl are throwing facts in your face, u calling ppl anpar jahil?

your even more pathetic now then i thought u were!

[reaz]

nope not bragging..others started to put me down ..read the thread again....anpar jahil lol......

i have no info ot my other assets..so if i posted 10K instead of 25K ..id be consider even more pathetic....rent has been same for me for a lot of years.....maybe in ur area its higher ....

i dont have any debts! though...i dont use credit cards....there are many people do that in this board....trust me i am not braggin..read my first line! on the thread

why did you find the need to call me "anpar jahil". See that is the reason why ppl flame you. Now to return your insult, you're an asshat.

You did not have to mention figures at all. I can make an equally pertinent thread without mentioning any figures. Your thread should have discussed the merits and demerits of consumerism and capitalism instead of becoming a flame fest. You invited it though by being callous to all the other members.

You dont have debts but you're definitely not saving money as I've shown you with the calculations. You're actually losing out in the long run. Good luck. You're 28. Most ppl on this board are either in high school or university. You're an asshat for comparing yourself to them. All the other 28 year olds on this board make more money and save more than you. Do a proper comparison man. Dont put others down to make yourself feel good about your own short comings.

[SIXPAK GQ]

I cant save, because when i do save all my money goes to tuition, and when i go to school, i got bills to pay left and right, so its hard for me. I bought my new truck 9 months ago, not because i WANTED to, because i NEEDED to, my old car was breaking down left and right, i was paying too much to fix it, so i rather buy a new car.

Imran everyone isn't the same, not everyone wants to pay rent like you do, if i had 25k like you did, i would 1st off pay off my mother's house for her and take on the mortgage for her, take that burden off of her shoulders.


there was no reason for people to flame me on this thread. i am in a good situation then most people on earth.........these people dont understand what ive been through.....they failed to ask open ended probing question......i posted the same thread in AM..its different there....i will be gettng a house soon.....but i have other dilemmas that i gotta go through...they dont know that

[TaCoMaStUd]

nope not bragging..others started to put me down ..read the thread again....anpar jahil lol......

i have no info ot my other assets..so if i posted 10K instead of 25K ..id be consider even more pathetic....rent has been same for me for a lot of years.....maybe in ur area its higher ....

i dont have any debts! though...i dont use credit cards....there are many people do that in this board....trust me i am not braggin..read my first line! on the thread

Imran :no:

Just stop Imran.

[SIXPAK GQ]

i can afford a house and car too...but i can wait.i am not in a hurry...i will have more money next year and the year after that inshallah....this thread has nothing to do with mortage and houses..it about savings in cash only!
if i was stupid with my money..i would be spending my money left and right in clothing and jewerly like many on this board..ive seen the threads...pathetic people

god, your head up is soo your ass that it can see aything esle apart from shit!

it is a good idea to buy a house, i can afford the payments, i should buy it. if i dont live in it, i rent it and whatever rent i get i pay towards the mortage. at the end of the day, the house is MINE. and 5 -10 years down the line, the property i have will increase in value.

i rather not be 100 % financially independent (according to you) but i atleast i can say i am not stupid with my money.

[TaCoMaStUd]

there was no reason for people to flame me on this thread. i am in a good situation then most people on earth.........these people dont understand what ive been through.....they failed to ask open ended probing question......i posted the same thread in AM..its different there....i will be gettng a house soon.....but i have other dilemmas that i gotta go through...they dont know that

Imran if there asking you a legit question, then answer the question dont ignore the question, and you ask me why people "hate" on you, thats why. Dont be ignorant about it, just answer the question straight up, and like i said before not EVERYONE is the same.

[**bambina**]

i can afford a house and car too...but i can wait.i am not in a hurry...i will have more money next year and the year after that inshallah....this thread has nothing to do with mortage and houses..it about savings in cash only!
if i was stupid with my money..i would be spending my money left and right in clothing and jewerly like many on this board..ive seen the threads...pathetic people


ppl on this site are mostly between the age of 18-22!

u cant compare!

i dunno what u have been thru, but u tend to make out your much better then everyone else.

i know ppl on this site that have been thru alot and still have came out a accomplished person.

[reaz]

there was no reason for people to flame me on this thread. i am in a good situation then most people on earth.........these people dont understand what ive been through.....they failed to ask open ended probing question......i posted the same thread in AM..its different there....i will be gettng a house soon.....but i have other dilemmas that i gotta go through...they dont know that

well. you dont understand other people's situation either. so stop putting others down. you've had a tough life but that doesnt mean everyone else is stupid. now compare yourself to other 28 year olds. you keep comparing yourself to kids who are in high school. parents make their decisions for them. you think it's fair to compare yourself to kids?

I wouldnt be so harsh but your attitude towards others provoked me. You were generalising it such that in your opinion even I came from some upper class family and that I was spoilt. You should apply your own principles about not judging to yourself as well. you're judging others specially kids who are still in school.

and then to top it all you're insulting everyone else. wtf is with that? it's like you're taking out your own frustration on others.

And if you're going to say that this thread has nothing to do with mortgages and savings, keep in mind that more cash is not always preferable . In my opinion cash savings is useless and futile after a certain amount. I would rather keep my money invested.

[TaCoMaStUd]

i can afford a house and car too...but i can wait.i am not in a hurry...i will have more money next year and the year after that inshallah....this thread has nothing to do with mortage and houses..it about savings in cash only!
if i was stupid with my money..i would be spending my money left and right in clothing and jewerly like many on this board..ive seen the threads...pathetic people

Imran no offense if you think people on here are pathetic, then why did you make this thread in the 1st place? When you know the avg age on here are anywhere from 16-23, and how do you expect someone at that age to save money?

[reaz]

Imran no offense if you think people on here are pathetic, then why did you make this thread in the 1st place? When you know the avg age on here are anywhere from 16-23, and how do you expect someone at that age to save money?

a lot of ppl at that age dont even control their own money because they are not at the head of the family. they dont make decisions.

[**bambina**]

Imran no offense if you think people on here are pathetic, then why did you make this thread in the 1st place? When you know the avg age on here are anywhere from 16-23, and how do you expect someone at that age to save money?


:werd:

he made this thread to brag about his 25k. its as simple as that.

[EXOTICPERSIAN]

:neutral: :neutral: :neutral:

[SIXPAK GQ]

she didnt say mortgage was not a debt. that much is evident in her post. she's just saying it's not a bad debt.


she clearly said that mortgage was not a debt..quit sucking her dyck

[SIXPAK GQ]

:werd:

he made this thread to brag about his 25k. its as simple as that.


u r incorrect....read my first line!.....u think whatever u wish though..

[SIXPAK GQ]

Imran no offense if you think people on here are pathetic, then why did you make this thread in the 1st place? When you know the avg age on here are anywhere from 16-23, and how do you expect someone at that age to save money?


i made this thread about savings...not my financial status....u r correct in a sense though but there was no reason for them to flame me

[SIXPAK GQ]

show me respect and i will return the favor....flame me and i will be biggest azzhole u have ever met son...i am not saying anyone else is stupid...i dont need to compare myself to toher 28 year old s..b/c no one persons are same..there is no one like me on this earth..so u cant compare......when did i compare myself to hs students? all of my money are in investments...except my checking account and evn that is earning some interest...i have safe savings ..it maybe a low return...also i do put in 10% of my cehck in 401K...


well. you dont understand other people's situation either. so stop putting others down. you've had a tough life but that doesnt mean everyone else is stupid. now compare yourself to other 28 year olds. you keep comparing yourself to kids who are in high school. parents make their decisions for them. you think it's fair to compare yourself to kids?

I wouldnt be so harsh but your attitude towards others provoked me. You were generalising it such that in your opinion even I came from some upper class family and that I was spoilt. You should apply your own principles about not judging to yourself as well. you're judging others specially kids who are still in school.

and then to top it all you're insulting everyone else. wtf is with that? it's like you're taking out your own frustration on others.

And if you're going to say that this thread has nothing to do with mortgages and savings, keep in mind that more cash is not always preferable . In my opinion cash savings is useless and futile after a certain amount. I would rather keep my money invested.

[**bambina**]

she clearly said that mortgage was not a debt..quit sucking her dyck


read you fool, read!

now on the talk of sucking dicks, how much did u get paid this time to suck yourself off?

[SIXPAK GQ]

ppl on this site are mostly between the age of 18-22!

u cant compare!

i dunno what u have been thru, but u tend to make out your much better then everyone else.

i know ppl on this site that have been thru alot and still have came out a accomplished person.


i am not comparing myself to anyone...the topic was about savings..whether u save a dollar or 50 cents......i can confidently admit that i am much better then others..b/c what ive been through then someone whose assets were already given.......an average caucasian woman compare to a average desi woman these days are much ahead in life...and thats a fact......

[reaz]

she clearly said that mortgage was not a debt..quit sucking her dyck

dang man. you like it when people flame you. i am trying my best to keep my cool but you keep sliding in insults when you can.

if you think ppl are different then why are you criticising people?

[SIXPAK GQ]

read you fool, read!

now on the talk of sucking dicks, how much did u get paid this time to suck yourself off?


lol.........

[**bambina**]

if this thread wasnt about you, then why put figures??

[SIXPAK GQ]

dang man. you like it when people flame you. i am trying my best to keep my cool but you keep sliding in insults when you can.

if you think ppl are different then why are you criticising people?


i am not......

[SIXPAK GQ]

if this thread wasnt about you, then why put figures??


i put figures as a example........it is about me...but in no way bragging about it....

[TaCoMaStUd]

show me respect and i will return the favor....flame me and i will be biggest azzhole u have ever met son...i am not saying anyone else is stupid...i dont need to compare myself to toher 28 year old s..b/c no one persons are same..there is no one like me on this earth..so u cant compare......when did i compare myself to hs students? all of my money are in investments...except my checking account and evn that is earning some interest...i have safe savings ..it maybe a low return...also i do put in 10% of my cehck in 401K...

And you wonder why people hate on you, becauase of comments like that, it makes everyone think your cocky and arrogant.

[**bambina**]

i am not comparing myself to anyone...the topic was about savings..whether u save a dollar or 50 cents......i can confidently admit that i am much better then others..b/c what ive been through then someone whose assets were already given.......an average caucasian woman compare to a average desi woman these days are much ahead in life...and thats a fact......


ok. why do keep bringing personal circumstances and what u have been thru???

u are not better then anyone else, u are by far it.

[SIXPAK GQ]

ok. why do keep bringing personal circumstances and what u have been thru???

u are not better then anyone else, u are by far it.



these people keep telling me about how i should buy a house...i will buy one when i feel like it.....

i am happy in life....there are suicidal threads on this website....i dont play that game....

[SIXPAK GQ]

bambina : ive seen ur threads too about not being happy....

[**bambina**]

i put figures as a example........it is about me...but in no way bragging about it....


yes u are!

u are clearly saying your better then anyone else.

u had no need to give examples about anything, you could have simply made a thread on saving and just talked about normally.

but no, u wanted everyone to read that u have 25k saved up, and how u consider urself the best when it comes to everything.

well u might impress some little teens here with your big talks. but u are certainly not impressing the adults here.

[**bambina**]

these people keep telling me about how i should buy a house...i will buy one when i feel like it.....

i am happy in life....there are suicidal threads on this website....i dont play that game....


fine, then dont say that ppl who chose to buy a house are foolish and are in debt.

if your happy then good for you, but dont make urself happy, by thinking your better then others, coz your certainly not.

[reaz]

show me respect and i will return the favor....flame me and i will be biggest azzhole u have ever met son...i am not saying anyone else is stupid...i dont need to compare myself to toher 28 year old s..b/c no one persons are same..there is no one like me on this earth..so u cant compare......when did i compare myself to hs students? all of my money are in investments...except my checking account and evn that is earning some interest...i have safe savings ..it maybe a low return...also i do put in 10% of my cehck in 401K...

yea. there is no one like you. you got that right. you will judge everyone while saying that no one can judge you. do you think everyone else is stupid? You ask when did you compare yourself to HS students? Look at all your posts. Somewhere you kept mentioning ppl on this board. Well most of the people on this board are around 14-18 year olds. They are in high schools.

I am glad to hear you have 10% of your check (whatever amount that maybe) in your 401k. That's one good move. You said you kept your money in a savings account. The maximum ROR on a savings is with HSBC. And as I showed you even with $25k stashed in a savings like HSBC you're spending more than you earn.

So in reality you're not saving much.

Checking account with some interest is not investment. liquid cash is never considered "investment" because cash performs poorly in the long run. by keeping it in a high yield savings account you're simply beating inflation. Inflation averages 2-3% per year. So do high yield savings accounts. because the interest rate is tied to the federal interest rate.

When someone is offering advice consider it instead of being too arrogant. If you want to discuss the advice do it with decorum. Calling me an illiterate "anpar jahil" does not reflect well on you.

[SIXPAK GQ]

yes u are!

u are clearly saying your better then anyone else.

u had no need to give examples about anything, you could have simply made a thread on saving and just talked about normally.

but no, u wanted everyone to read that u have 25k saved up, and how u consider urself the best when it comes to everything.

well u might impress some little teens here with your big talks. but u are certainly not impressing the adults here.


i am beter off then most though.....the only reason this thread has lot of flaming is b/c of the 25K figure i put in.....read my first line.....u keep ignoring it dont u.....i am not here to impress anyone here..

[**bambina**]

bambina : ive seen ur threads too about not being happy....


i dont make serious threads on this site.

i am actually happy when it comes to my lifestyle and my job.

[SIXPAK GQ]

fine, then dont say that ppl who chose to buy a house are foolish and are in debt.

if your happy then good for you, but dont make urself happy, by thinking your better then others, coz your certainly not.
people who buy a house are in debt though! that is true......

[reaz]

these people keep telling me about how i should buy a house...i will buy one when i feel like it.....

i am happy in life....there are suicidal threads on this website....i dont play that game....


look man. we are not doubting your happiness. you can buy whenever you want. but to say that you're better than the rest is arrogance. you have to admit you're bragging because so far you've been putting everyone down.

[reaz]

people who buy a house are in debt though! that is true......

It's not bad debt and it's an investment. Usually the ROR on a house is more than the mortgage payment unless you have bad credit.

[**bambina**]

i am beter off then most though.....the only reason this thread has lot of flaming is b/c of the 25K figure i put in.....read my first line.....u keep ignoring it dont u.....i am not here to impress anyone here..


i did not ignore it, you actually coontradicted it, thats why i am saying the things i am.

i actually think i much better off then you.

i am 25, fianancially independent, have no debts, been half way around the world, and i am planning to buy a house in 2 years.

[**bambina**]

people who buy a house are in debt though! that is true......


its not a bad debt! if you can afford the payments then its not!

my parents bought a house for £90,000... in 25 years its worth £500,000!!

[SIXPAK GQ]

only god can judge me....u r no financial advisor.....i never said anything else was stupid did i?
this thread is about savsings..i dont care how miuch u have.....its about budget 101......yea i do have a online hsbc 5.05%.....i have other online accounts too..i keep switching which ever has the highest rate....i am spending more then i can?? my monthly expenses are like less then $700 a month.....i save more then 65% of my check..what does that tell ya? CD's are investment




yea. there is no one like you. you got that right. you will judge everyone while saying that no one can judge you. do you think everyone else is stupid? You ask when did you compare yourself to HS students? Look at all your posts. Somewhere you kept mentioning ppl on this board. Well most of the people on this board are around 14-18 year olds. They are in high schools.

I am glad to hear you have 10% of your check (whatever amount that maybe) in your 401k. That's one good move. You said you kept your money in a savings account. The maximum ROR on a savings is with HSBC. And as I showed you even with $25k stashed in a savings like HSBC you're spending more than you earn.

So in reality you're not saving much.

Checking account with some interest is not investment. liquid cash is never considered "investment" because cash performs poorly in the long run. by keeping it in a high yield savings account you're simply beating inflation. Inflation averages 2-3% per year. So do high yield savings accounts. because the interest rate is tied to the federal interest rate.

When someone is offering advice consider it instead of being too arrogant. If you want to discuss the advice do it with decorum. Calling me an illiterate "anpar jahil" does not reflect well on you.

[SIXPAK GQ]

its not a bad debt! if you can afford the payments then its not!

my parents bought a house for £90,000... in 25 years its worth £500,000!!


mortage debt is good debt....i dont care about ur parents....

[SIXPAK GQ]

i did not ignore it, you actually coontradicted it, thats why i am saying the things i am.

i actually think i much better off then you.

i am 25, fianancially independent, have no debts, been half way around the world, and i am planning to buy a house in 2 years.


good for u if ur better off then me.....i am planning to buy a house soon too....u dont even have a house and ur telling me? lol.......i bet ur rent is more then mine........

[**bambina**]

mortage debt is good debt....i dont care about ur parents....


ok, i dont get it, u first go on about how moratge it debt, now your agreeing with us that moratge is a good debt.

u keep changing your words.

[SIXPAK GQ]

look man. we are not doubting your happiness. you can buy whenever you want. but to say that you're better than the rest is arrogance. you have to admit you're bragging because so far you've been putting everyone down.


i admit i am not braggin! read teh first line of the thread,,,,actually others started to flame me first...read the thread again..read where the flame started

[**bambina**]

good for u if ur better off then me.....i am planning to buy a house soon too....u dont even have a house and ur telling me? lol.......i bet ur rent is more then mine........


whatever it is, i can afford it :D

why are u gonna buy a house if it will put u in any kind of debt :rolleyes:

u cant take it, that someone has actually proved they are better and younger then you! woohoo!

[SIXPAK GQ]

i dont make serious threads on this site.

i am actually happy when it comes to my lifestyle and my job.


i dont make useless threads either about girls who post whore pics, talk abbout themselves..compare themselves to others..flirt online..thats pathetic..i talk about real life issues .......good for u if ur happy......

[**bambina**]

i dont make useless threads either about girls who post whore pics, talk abbout themselves..compare themselves to others..flirt online..thats pathetic..i talk about real life issues .......good for u if ur happy......


atleast i dont jerk off for gay mags!

[SIXPAK GQ]

whatever it is, i can afford it :D

why are u gonna buy a house if it will put u in any kind of debt :rolleyes:

u cant take it, that someone has actually proved they are better and younger then you! woohoo!


reaz had everythng given to him.....so he had a good foundation to begin with....u dont anything about me or my family so i wouldnt go there.....

[SIXPAK GQ]

atleast i dont jerk off for gay mags!


make more money then u can ever dream of and fast!!!

[SIXPAK GQ]

ok, i dont get it, u first go on about how moratge it debt, now your agreeing with us that moratge is a good debt.

u keep changing your words.


mortgage is a good debt..but regardless its a debt

[**bambina**]

reaz had everythng given to him.....so he had a good foundation to begin with....u dont anything about me or my family so i wouldnt go there.....


ok, why the hell have you bought Reaz into this??
you dont know anything about him.

i was talking about me u fool!

you make some very stupid assumptions.

[**bambina**]

make more money then u can ever dream of and fast!!!


i actually dont want to.

[reaz]

reaz had everythng given to him.....so he had a good foundation to begin with....u dont anything about me or my family so i wouldnt go there.....

nope. I had nothing given to me.

My dad couldnt even afford to put me through school. I did it mostly on my own.

You didnt even pay 1/3rd the amount of tution I paid. UT international student shell out $16k in tuition per year.

[SIXPAK GQ]

ok, why the hell have you bought Reaz into this??
you dont know anything about him.

i was talking about me u fool!

you make some very stupid assumptions.


he doenst know anything about me either...

[**bambina**]

he doenst know anything about me either...


ok.

but what does that have to do with me?? i was talking about me, not Reaz.

[SIXPAK GQ]

nope. I had nothing given to me.

My dad couldnt even afford to put me through school. I did it mostly on my own.

You didnt even pay 1/3rd the amount of tution I paid. UT international student shell out $16k in tuition per year.


but ur father is alive....i paid 100%..i got a student loan though..but thats paid off.....ur salary is much higher then mine.....but thats besides the point of this thread......of course u will save more...

[SIXPAK GQ]

ok.

but what does that have to do with me?? i was talking about me, not Reaz.


nothing!

,.,,,,,,,,,

[reaz]

he doenst know anything about me either...

I dont but I act one what you posted at first. your first thread accused everyone else being poor at handling money. You started the flaming actually. You started of by saying you were not bragging and then you start to brag right in the first post.

The reason everyone flamed you was because of your first post. Everyone who criticised you quoted your first post.

[SIXPAK GQ]

i actually dont want to.


if given a chance....ud probably be a stripper or some sort of a exotic model.....

[**bambina**]

if given a chance....ud probably be a stripper or some sort of a exotic model.....


actually no. god have given other abilities to make mony.

[wakipaki]

im 21 and i got 22 k in the bank .....is that good???

[**bambina**]

im 21 and i got 22 k in the bank .....is that good???


pounds or dollars?

[reaz]

but ur father is alive....i paid 100%..i got a student loan though..but thats paid off.....ur salary is much higher then mine.....but thats besides the point of this thread......of course u will save more...

I paid 100% too. I got many student loans too. And I am paying them off.

Did you pay $16K per year in college? By yourself? I did. Don't even try to compare yourself to me because that's what I did. I covered $16k tuition per year on my own. $16x4 = $64k. I only have $10k out of that remaining to pay off and I plan to pay it off in the next 6 months.

You are willing to consider external circumstances such as a lack of father, etc when it comes to your case but not when it comes to others.

[SIXPAK GQ]

I dont but I act one what you posted at first. your first thread accused everyone else being poor at handling money. You started the flaming actually. You started of by saying you were not bragging and then you start to brag right in the first post.

The reason everyone flamed you was because of your first post. Everyone who criticised you quoted your first post.


u guys accused of me not handling my money properly...this is my thread! how did the start the flaming..i have never done that on this board....ur kiddding me.....i am not braggning i told u that.......read first line of the thread! people misunderstood me

[reaz]

if given a chance....ud probably be a stripper or some sort of a exotic model.....


just because you would do it, doesnt mean she would. here you go again, judging others with your own perspective. :no:

[SIXPAK GQ]

pounds or dollars?


or rupees :)

[SIXPAK GQ]

actually no. god have given other abilities to make mony.


but u make good money in entertainment business!....

[**bambina**]

u guys accused of me not handling my money properly...this is my thread! how did the start the flaming..i have never done that on this board....ur kiddding me.....i am not braggning i told u that.......read first line of the thread! people misunderstood me


dude, get over the first line! its the other lines that are the matter!

[reaz]

u guys accused of me not handling my money properly...this is my thread! how did the start the flaming..i have never done that on this board....ur kiddding me.....i am not braggning i told u that.......read first line of the thread! people misunderstood me


you accused everyone on RD of not handling their money properly. That's how it started. Just because you say you are not bragging doesnt mean you didnt.

[**bambina**]

but u make good money in entertainment business!....


nah, i have better things to do.

[SIXPAK GQ]

I paid 100% too. I got many student loans too. And I am paying them off.

Did you pay $16K per year in college? By yourself? I did. Don't even try to compare yourself to me because that's what I did. I covered $16k tuition per year on my own. $16x4 = $64k. I only have $10k out of that remaining to pay off and I plan to pay it off in the next 6 months.

You are willing to consider external circumstances such as a lack of father, etc when it comes to your case but not when it comes to others.


u obviously had money to begin with when u were a internationa student....u cant just come here really poor and expect to keep ur student visa status ..u had to be a full time student also....either way...u cant compare me to anyone else!.......everyone has hardships in life.....one day u have 25K..the next day nothing!

[wakipaki]

pounds or dollars?
dollars

[**bambina**]

u obviously had money to begin with when u were a internationa student....u cant just come here really poor and expect to keep ur student visa status ..u had to be a full time student also....either way...u cant compare me to anyone else!.......everyone has hardships in life.....one day u have 25K..the next day nothing!

and u cant compare urself to anyone else.

to be honest, i talk and know Reaz off these forum boards, and to me, if even someone becomes half the man that he has become, then that man has alot to be proud of.

[**bambina**]

dollars

well done. make your u invest it properly in a few years.

[wakipaki]

I know that borrowing money to buy a house is still borrowing money but you gotta think about when your old and you cant really work, having a 2 family home is good cause youll have extra cash besides a 401 k after you pay off the mortgage ofcourse

[SIXPAK GQ]

you accused everyone on RD of not handling their money properly. That's how it started. Just because you say you are not bragging doesnt mean you didnt.


it is true..most people dont know how to handle their money...my freinds are like that...they blow their cash left and right......why not save and invest for the future? for some people .....living paycheck to check is their living criteria...

[SIXPAK GQ]

and u cant compare urself to anyone else.

to be honest, i talk and know Reaz off these forum boards, and to me, if even someone becomes half the man that he has become, then that man has alot to be proud of.


i dont compare myself to anyone...i told u that earlier.....i am proud of myself..i take care of family.....i am happy at my place....

[SIXPAK GQ]

I know that borrowing money to buy a house is still borrowing money but you gotta think about when your old and you cant really work, having a 2 family home is good cause youll have extra cash besides a 401 k after you pay off the mortgage ofcourse


true......

[**bambina**]

i dont compare myself to anyone...i told u that earlier.....i am proud of myself..i take care of family.....i am happy at my place....


good for you. end of story. :wavey:

[SIXPAK GQ]

good for you. end of story. :wavey:


Kahani khatam hogahi.........:)......

[**bambina**]

Kahani khatam hogahi.........:)......


for me, yes.

[SIXPAK GQ]

for me, yes.


kabhi alvida na kehna............

[reaz]

u obviously had money to begin with when u were a internationa student....u cant just come here really poor and expect to keep ur student visa status ..u had to be a full time student also....either way...u cant compare me to anyone else!.......everyone has hardships in life.....one day u have 25K..the next day nothing!

No I didnt. You can produce false information by borrowing money to show healthy bank accounts for a single year. That's all the embassy requires. You can actually take a loan out and show that to the embassy and they'll let you in.

You cant expect to keep your status but that's the risk I took. And it paid off many times over. I have an education and a career. To think everyone said I couldnt do it and that it was impossible for me to get an education in the US or any western country for that matter. Yes, I had to be a full time student to keep my status. That made it even more difficult because I could not work more than 20 hrs/week.

I can't compare you to anyone. That's true. But you don't take your own statements. You're comparing everyone to yourself. Infact you're saying that you're better than most others (actually you act as if you're better than everyone else, regardless).

[SIXPAK GQ]

No I didnt. You can produce false information by borrowing money to show healthy bank accounts for a single year. That's all the embassy requires. You can actually take a loan out and show that to the embassy and they'll let you in.

You cant expect to keep your status but that's the risk I took. And it paid off many times over. I have an education and a career. To think everyone said I couldnt do it and that it was impossible for me to get an education in the US or any western country for that matter. Yes, I had to be a full time student to keep my status. That made it even more difficult because I could not work more than 20 hrs/week.

I can't compare you to anyone. That's true. But you don't take your own statements. You're comparing everyone to yourself. Infact you're saying that you're better than most others (actually you act as if you're better than everyone else, regardless).


tehre were lot of topic changes in this thread which should not have occured...not everyone else..but a lot of folks i am better off.....

[ilyas@!!oops!!]

First, I am neither being judgmental, or bragging....

I dont get why it is so damn hard. Or, why isit so easy for me....maybe money management really is a personality issue, and not a financial one.

First, I grew up cheap. Not sure why, I just was. If I spent a dollar, I had no idea when or how I would get it back.

I have been working since age 12. starting working for real pay at age 15.....

about debt, I carry none. I have excellent credit. I can go ahead and buy a nice house and a luxury car, but why? so i have more monthly payments and go in debt? There are people who have nice houses and cars who are in major debt. They just LOOK rich but they really aren't. You think someone who drives a benz or a new bmw is rich? think again....i think they are broke!

The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.

I have around 25K sitting at my bank account earning high interest. I also put in 10% of my check in the 401K Plan.

why is saving easy for me, and not you??

discuss
ur a good saver.............try saving in london......it's a killer!

[SIXPAK GQ]

ur a good saver.............try saving in london......it's a killer!


Depends on how what u earn and what ur expenses are.....

[ilyas@!!oops!!]

Depends on how what u earn and what ur expenses are.....
london life is high........to high.........

[PreciousPari]

Imran is an effin idiot. He thinks he knows it all, and of course seen it all. The man is only 28. lol He also thinks hes God and that he is superior than everyone else. All he is good at is saying, "I'v seen better" to anything he sees. What valuable knowledge could he possiby contribute or share on a forum? Shit.

[SIXPAK GQ]

Imran is an effin idiot. He thinks he knows it all, and of course seen it all. The man is only 28. lol He also thinks hes God and that he is superior than everyone else. All he is good at is saying, "I'v seen better" to anything he sees. What valuable knowledge could he possiby contribute or share on a forum? Shit.

i dont know it all..but i know a lot....u dont see me writing 'ive known better' or 'ive seen better' do u?



i am god? lol

nice to see u back pari......

[BlueDukie]

SixPack--

Several Things: You have every right to be proud of your 25k. Only you know your situation, and if you feel you've maxed out of your specific situation, then by all means, feel proud.

That being said, I want to address some of your beliefs on money:

Belief #1:
The 5.05% at HSBC isn't going to stay forever. The only reason it's so high is b/c interest rates are so high. Judging by your previous posts, you don't seem to have a great background in finance, but you're making the effort, which is half the battle. This rate is as high as it's been in recent memory. In the past 5 years, it's been as low as 1%!

This link will show you what the interest rates have been for a very long time:
http://www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html

Historically, interest rates have been 5-7% lower than S&P 500 returns-this is why everyone says it's better to invest in the stock market. If interest rates go down to 1% again, HSBC is going to offer something like 0.8%-and at that rate, you won't even beat inflation.

Belief #2

A house is a "debt." Technically, a house is a debt. The beauty about a house, however, is that the moment you buy it, you also get it listed as an asset. If the house value stays the same or increases, as you pay down your mortgage, you're getting an increase in assets! Of course, the obvious catch here is that the house value has to appreciate (or at least beat inflation). So, in a highly speculative market, you would get hurt, but, SixPack, you live in Texas. As a fellow resident in Texas, let me tell you something you already know about Texas- it's fucking big. Houston right? how many suburbs does Houston have? a billion? All this land means that there's always space to put more houses, which basically protects us from wild house price swings. For instance, in this latest "housing bubble," houses in Texas really only appreciated 10-15% (as opposed to Cali, but you can ask your brother about that). Conversely, we won't drop as much either. Bottom line: A house, especially in Texas, is a stable investment.

Belief #3:
Most of America is in credit card debt.

This is actually a falsehood created with statistics. They usually present it as "the AVERAGE american household is something like $2000 in debt." In actuality, the median American household isn't doing that badly. If I recall correctly, it's somewhere around 0.

Belief #4:
Savings is "easy"

Certain cities are ridiculous. London, for instance, is outrageous. I don't know how anyone can live there. New York is also similiar. We haven't easy, not living in major metropolitan areas. New York for example, has the federal income tax, a state tax, a New York City tax, and a sales tax! That's unfreaking believable. You can't even get a pizza for less than $20!

I've gotten the feeling from all your posts that I've read that you're extremely risk-averse. While you are successful right now with the current economy, when it turns around, you're going to be sitting at the bottom of the pile. The financial strategies that you employ fly in the face of what every decent financial advisor would tell someone that's 28 years old. I'm not saying you should go crazy, but with everything in life, you should be able to find a happy medium.

[SIXPAK GQ]

feds have increased the interest rates again..its going up to 6%...so lingering around 5% will stay for a quite a while.....CD's are will be around that much also for a long time...emigrant direct raised theirs to 5.15% today. u are right..i dont have a good background in finance. but i know how to take care of my money. most people in usa live paycheck to paycheck whether they have other huge assets/investments or not.....i play my money very safe. i am not a risk taker either....i know people who do max out their credit cards and are unable to pay their bills..i dont even have any debt.

stock market is risky. remember i play my money safe...which means cd's and high yield money markets/savings....Bonds is another good idea. 401K is good b/c i get free money from my company.
a house is debt but a good investment nevertheless even if the house does not appreciate. i will get all that money back that i put in for mortgage when i sell it. and u get other tax benefits...i can buy the same house thats in cali for more then half the price in texas . cost of living vs salary comparison in cali and ny are ridiculous....



SixPack--

Several Things: You have every right to be proud of your 25k. Only you know your situation, and if you feel you've maxed out of your specific situation, then by all means, feel proud.

That being said, I want to address some of your beliefs on money:

Belief #1:
The 5.05% at HSBC isn't going to stay forever. The only reason it's so high is b/c interest rates are so high. Judging by your previous posts, you don't seem to have a great background in finance, but you're making the effort, which is half the battle. This rate is as high as it's been in recent memory. In the past 5 years, it's been as low as 1%!

This link will show you what the interest rates have been for a very long time:
http://www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html

Historically, interest rates have been 5-7% lower than S&P 500 returns-this is why everyone says it's better to invest in the stock market. If interest rates go down to 1% again, HSBC is going to offer something like 0.8%-and at that rate, you won't even beat inflation.

Belief #2

A house is a "debt." Technically, a house is a debt. The beauty about a house, however, is that the moment you buy it, you also get it listed as an asset. If the house value stays the same or increases, as you pay down your mortgage, you're getting an increase in assets! Of course, the obvious catch here is that the house value has to appreciate (or at least beat inflation). So, in a highly speculative market, you would get hurt, but, SixPack, you live in Texas. As a fellow resident in Texas, let me tell you something you already know about Texas- it's fucking big. Houston right? how many suburbs does Houston have? a billion? All this land means that there's always space to put more houses, which basically protects us from wild house price swings. For instance, in this latest "housing bubble," houses in Texas really only appreciated 10-15% (as opposed to Cali, but you can ask your brother about that). Conversely, we won't drop as much either. Bottom line: A house, especially in Texas, is a stable investment.

Belief #3:
Most of America is in credit card debt.

This is actually a falsehood created with statistics. They usually present it as "the AVERAGE american household is something like $2000 in debt." In actuality, the median American household isn't doing that badly. If I recall correctly, it's somewhere around 0.

Belief #4:
Savings is "easy"

Certain cities are ridiculous. London, for instance, is outrageous. I don't know how anyone can live there. New York is also similiar. We haven't easy, not living in major metropolitan areas. New York for example, has the federal income tax, a state tax, a New York City tax, and a sales tax! That's unfreaking believable. You can't even get a pizza for less than $20!

I've gotten the feeling from all your posts that I've read that you're extremely risk-averse. While you are successful right now with the current economy, when it turns around, you're going to be sitting at the bottom of the pile. The financial strategies that you employ fly in the face of what every decent financial advisor would tell someone that's 28 years old. I'm not saying you should go crazy, but with everything in life, you should be able to find a happy medium.

[WonkaBear]

No...

but a shit load of people owe me money now... :p

... doesn't look like i will ever get it back

[SIXPAK GQ]

No...

but a shit load of people owe me money now... :p

... doesn't look like i will ever get it back


ur in debt then
charge them late fees and interest

[bigkid]

a house is a good debt. It's not a personal indulgence. you know this. If he buys a house and rents it out it generates income. If he buys a house and lives in it, he does not lose money because the house is a tangible asset.
i dont think any debts are good its a trap to get you to pay more then you have to, but thats neither here no there. All Im saying is that if you "personally" think its manageable to have a mortgage you can afford then go
right ahead, its a personal decision.

The world is a changing place and not everything is as it seems.
Many people from LA cant beat the home owners insurance to
get a new a house. A house can easily lose value and appeal.
I say if u do get a property get a nice one in a popular upscale area.

[bigkid]

i am sure there are people who want to show off with their lexus/benz/bmw ..when i look at them....i think......daym, they must be broke now.....
house and a car are both different though.
reason is some ppl get more out of a car
then they would having a house for same costs.

1 lives for the moment, the other for the long term
if you have both and liquid cash then your filthy

[SIXPAK GQ]

house and a car are both different though.
reason is some ppl get more out of a car
then they would having a house for same costs.

1 lives for the moment, the other for the long term
if you have both and liquid cash then your filthy


u get more for a car??? cars depreciate big time......

[manchesterone]

Why do you see the need to come on here and state you have excellent credit and 25k in the bank?
You don't tend to spend money from reading your posts and don't like to take risks thats why you can save money.

When you go out there and have a few houses or buisnesses in your name and a luxury motor then come back and talk to me.

[sikhsta]

no credit problems, no debt. i is a good bacha :D

[SIXPAK GQ]

Why do you see the need to come on here and state you have excellent credit and 25k in the bank?
You don't tend to spend money from reading your posts and don't like to take risks thats why you can save money.

When you go out there and have a few houses or buisnesses in your name and a luxury motor then come back and talk to me.

from what u r trying to tell me is that....if i took risks, id have less money, i guess i came out on top then. when you die u dont take any of ur assets with you. few houses/businesses cause more problems. no job is secure. i know people who have that with health problems

[Monica152]

the title reminded me of some kind of insurace commercial.......i was expectin one :p

[TechPhunk]

Man this blows, I have no savings, My credit cards almost maxed out...I have student loans like no other, think it wud take me 5 yrs just to pay em off...But its all good, My dad was lecturing me abt money management, but I blame my parents..they never taught me...and maybe its abt time I start workin...but its my last semester so fuck that, I finish and get me a job and everything better be smooth sailin frm then on, hopefully.

how did u get loans if u don't have a job? unless ur parents co-signed?

[TechPhunk]

from what u r trying to tell me is that....if i took risks, id have less money, i guess i came out on top then. when you die u dont take any of ur assets with you. few houses/businesses cause more problems. no job is secure. i know people who have that with health problems

medicine is the only secure field...you can get a job anywhere as a physician and in the coming years, we'll have a huge shortage of physicians and medical staff as well as hospitals.

[SIXPAK GQ]

the title reminded me of some kind of insurace commercial.......i was expectin one :p


ur in the wrong thread then

[SIXPAK GQ]

medicine is the only secure field...you can get a job anywhere as a physician and in the coming years, we'll have a huge shortage of physicians and medical staff as well as hospitals.
u face lawsuits in a medical world....not secure at all....

[TechPhunk]

u face lawsuits in a medical world....not secure at all....

you face lawsuits in any industry. in fact, you can face lawsuits at anytime.....that doesn't mean it isn't secure...

[SIXPAK GQ]

you face lawsuits in any industry. in fact, you can face lawsuits at anytime.....that doesn't mean it isn't secure...


yea but ur working for urself as a doctor.. when u work for a company....it doesnt matter if the company get a lawsuit..ur job will still be there...especially when u work for large corp..like ur really going to win

[TechPhunk]

yea but ur working for urself as a doctor.. when u work for a company....it doesnt matter if the company get a lawsuit..ur job will still be there...especially when u work for large corp..like ur really going to win

ur job is still there as a physician if you get sued, it didn't go anywhere.

[T.Dimera]

When i was in university i worked during the summers and saved up every dime....so when I graduated...I paid off all my student loans within 6 months....

[reaz]

yea but ur working for urself as a doctor.. when u work for a company....it doesnt matter if the company get a lawsuit..ur job will still be there...especially when u work for large corp..like ur really going to win

this is false. if it is really your fault you will be sacked.

and when you work as a doctor you're still working for the hospital. if you screw up your fellowship, grant and your position will be taken away from you if you were at fault.

[SIXPAK GQ]

ur job is still there as a physician if you get sued, it didn't go anywhere.

u still have to pay the amount u get sued for. not worth it. u may end up in jail too

[SIXPAK GQ]

this is false. if it is really your fault you will be sacked.

and when you work as a doctor you're still working for the hospital. if you screw up your fellowship, grant and your position will be taken away from you if you were at fault.

that doctor still lost his job.

[TechPhunk]

u still have to pay the amount u get sued for. not worth it. u may end up in jail too

I would think you would have more common sense than this...being sued doesn't mean you'll lose. And no, you won't necessarily end up in jail. And no, the doctor doesn't lose his/her job if they get sued.

How can you pride yourself on being better than everyone else if you don't even know how our justice system works? How can you even make comparisons to any other job when you lack the knowledge to understand the fundamental systems of our society?

[SIXPAK GQ]

I would think you would have more common sense than this...being sued doesn't mean you'll lose. And no, you won't necessarily end up in jail. And no, the doctor doesn't lose his/her job if they get sued.

How can you pride yourself on being better than everyone else if you don't even know how our justice system works? How can you even make comparisons to any other job when you lack the knowledge to understand the fundamental systems of our society?


this is out of topic.

[TechPhunk]

this is out of topic.

no, it's completely on topic and completely valid to the previous posts. You're the one that said a doc will lose his/her job if they get sued and that the field isn't secure. I simply told you that it doesn't work because that is not how our system works which therefore negates any validity to any of the arguments you have currently posed.

[reaz]

that doctor still lost his job.


well there is no guarantee between a company and its employee either. as far as i know there is not distinction between a doctor over any other employee working for an employer. if a doctor messes up he gets sued, loses and gets sacked..

same goes for a company hiring a professional.. the probability is the same. some hospitals may not fire the doctor and some will.. same goes for a lawyer, engineer or any other professional.

[reaz]

usually most doctors dont lose their jobs after the first lawsuit.. insurance covers malpractice.. usually if the doctor is tenured he is almost never kicked out..

[SIXPAK GQ]

no, it's completely on topic and completely valid to the previous posts. You're the one that said a doc will lose his/her job if they get sued and that the field isn't secure. I simply told you that it doesn't work because that is not how our system works which therefore negates any validity to any of the arguments you have currently posed.


that was in response to reaz..he is correct..read his post

[TechPhunk]

that was in response to reaz..he is correct..read his post

Wow, it shocks me how utterely uneducated you are. He pretty much stated the same thing I had said, only more precisely. Do yourself a favor and use that 25k to get yourself a decent college education first....

[SIXPAK GQ]

Wow, it shocks me how utterely uneducated you are. He pretty much stated the same thing I had said, only more precisely. Do yourself a favor and use that 25k to get yourself a decent college education first....
Reaz is the man! hahah good joke man...

[jdmdrfitertim]

wow i jus spent like an hour reading all 10 pages of this thread..... :mad: cant we all jus be friends


and imran u have some things going for u but seriously u need to quit the fight with the "girls" u lost they had alot of valid points im too tired to type out a long response everyone is different but congrats on being in good shape.

thats more than i can say i am 21 and going to school and am close to broke and have my cc maxed out (less than 2gs) so im plannin on a complete turnaround now on how i spend, but unfortunetly or fortunetly for me depending on how u look at it to me its fortunatly i have hobbies with automobiles and motorcycles that i like to pursue....its $$ and in my hobbys i spend my money wisely and save alot by doing alot of my own work which also helps out to my own knowledge but to show for it i dont have much but a beat up car(s) and old motorcycle but i love them and enjoy taking them out

[SIXPAK GQ]

wow i jus spent like an hour reading all 10 pages of this thread..... :mad: cant we all jus be friends


and imran u have some things going for u but seriously u need to quit the fight with the "girls" u lost they had alot of valid points im too tired to type out a long response everyone is different but congrats on being in good shape.

thats more than i can say i am 21 and going to school and am close to broke and have my cc maxed out (less than 2gs) so im plannin on a complete turnaround now on how i spend, but unfortunetly or fortunetly for me depending on how u look at it to me its fortunatly i have hobbies with automobiles and motorcycles that i like to pursue....its $$ and in my hobbys i spend my money wisely and save alot by doing alot of my own work which also helps out to my own knowledge but to show for it i dont have much but a beat up car(s) and old motorcycle but i love them and enjoy taking them out

i didnt wanna offend any in this thread nor i was bragging.


i am not pickng fight with girls...girls are just insecure and have problems u know how girls are...

[manchesterone]

from what u r trying to tell me is that....if i took risks, id have less money, i guess i came out on top then. when you die u dont take any of ur assets with you. few houses/businesses cause more problems. no job is secure. i know people who have that with health problems

Of course when you die you don't take any assets with you, whats the point in having money in the bank earning high intrest then?
Your not taking that to the grave with you are you?

Risk is what differentiates a successful business man from the average man.
On the same note, success doesn’t make a man, failure does!
So if you fail in something you do, don’t give up, keep working at it and learn from your mistakes, that’s what I did and can say I’m very comfortable now.

This is what you said
“You think someone who drives a benz or a new bmw is rich? think again....i think they are broke! “

Not really true, if that is what you say to make yourself feel better then carry on thinking that.
You got guys with new cars that are loaded and those who have probably financed it and probably are broke, but I got respect for them guys, they live life, they enjoy it and they take risks and finally they succeed.

Sounds like you are live a very boring life “The only places I really spend my money is food and clothing, the rest is just basic rent and utility bills.” What’s the point of having a high interest account??

Go treat yourself to a convertible or something let your hair down, chill out and take that cock out your ass because it seems to be pushing the shit from your mouth!

But if your content doing that that carry on doing so!