07-30-2019, 01:23 PM | #45 | ||
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07-30-2019, 01:26 PM | #46 | |
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07-30-2019, 01:36 PM | #47 | |
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07-30-2019, 02:10 PM | #48 | ||
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07-30-2019, 02:23 PM | #49 | |
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07-31-2019, 08:12 AM | #50 |
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Embarrassing to admit, but I would say now. Though all my bills are paid, including live in nanny, home, car, pet insurance and trips, I and the wife save zero. When we just got married, we had a condo in DC, then bought a house, car, once our baby came. We are considering moving to a cheaper area, her stay home and I work remotely. “Mo money mo problems”.
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07-31-2019, 08:51 AM | #51 |
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Probably my junior year. Freshman year I was straight chilling, USD/TRY wasn't as high so I had a bit more extra every month to spend. Then sophomore year came, I needed a new phone plus made the (brutal) mistake of staying with T-Mobile. On top of that ended up getting a 4300lb gas guzzler, and started paying insurance. The first few months was okay, but starting Junior year I was truly struggling. Now that 1 USD = roughly 6 TL it isn't as easy for my parents to support me past tuition.
I had multiple nights thinking how I was going to get through, started eating really shitty food because it was cheap. Ended up being 227lb from 185 just about 2 years ago. Plus, my sleep was fucked, basically became a functioning student alcoholic. I don't want to self-diagnose but I was probably clinically depressed too; I really wasn't my real self because finances were constantly on my mind. Probably the copious amounts of stimulants and alcohol didn't help that, either. Now that I'm working I've been able to save some, so it feels nice to not having to think if I have enough credit on my card to put gas to get around. Definitely not close to where I want to be but at least for the time being I'm feeling better. My father dropped out college to start working, and always said those days made him into who he is today; I definitely see it. I've undoubtedly living more comfortable than he was when he was my age, but all I can say is I really, really don't want to be broke. Thanks for reading my blogpost for the day |
07-31-2019, 08:52 AM | #52 | |
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Try writing every dime you spend down for 1 month. I do this every couple of years. You'll be horrified. Good luck!
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07-31-2019, 09:18 AM | #53 |
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I have to be honest and say that I am blessed. I haven't been nearly as rock bottom as some of you folks in here but I remember just out of HS I was putting $3 of gas in my car to try and get around since I was in the process of trying to get a job and go to tech school.
My mom would give me a few dollars every week but not enough to really do anything other than eat. Still can't complain though, I had a house to go home to and a full stomach. I will say although I'm not "broke" now, I am the most cash poor I've ever been. House, baby and bills are big nuts and the man with the smallest nuts wins.
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07-31-2019, 11:58 AM | #54 | |
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I get where you are coming from. But look at it like this...sometimes you have to make 4-8 years of sacrifice to get to where you need to be. Once you get more "time under your belt" in your profession, find gainful employment in a place you enjoy...then you can start rebuilding. 10 years of struggling is a drop in the bucket to what you can accomplish in the next 10 years coming up. Another thing I always did with any place I worked or looked into working at was if they offered some type of annual budget for continuing educational classes. I'm an Electrical Engineer by trade, but there are tons of other certifications out there especially with controls and automation (What I do) that you can do that add value to your employment. Plus just the fact that the company is investing $10k-$15k per year into these courses for you naturally makes them not won't to lose their investment...plus it makes you more marketable to other companies in your line of work. Make sure you are on something like "Linked In' and start developing contacts with others in the same field. And do as MKSixer said. I use a piece of software called YNAB (You need a budget). With it, you can track and categorize every purchase you make. You do it with a PC or your phone. And once the category and business name is entered, it remembers it. I can input a days worth of spending in less than 5-10 minutes. You add in all the fixed stuff to re-occur each month, then it tells you how much you have left over for misc stuff. Currently I pay next months bills this month. Then I buy what I need although I don't really spend a lot. But if I were to not have the cash to pay for a "want"...I don't get it. I only have one credit card, and basically only have that because of work. Plus I earn cash back that I get to keep on work related stuff. After awhile it becomes second nature. Make sure as soon as you can to max out your 401K especially if your company matches it as it's free money. Then start building an emergency fund. I keep a minimum of 6 months stashed away. After that...then you start putting what you can away into savings and other retirement funds. Now none of this happens overnight. It took me a good 15+ years to get where I am. But at least put a plan into place. Before you realize it....money will be the least of your issues and it will go back to being women!
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07-31-2019, 02:23 PM | #55 |
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Wow, some of you guys have really done the rags to riches thing. My parents were below middle class but I never felt like I experienced poverty. They put everything into raising my brother and I and they are still working to try and catch up on retirement funds because of it. I never really felt poor because it is just what I knew, but looking back, within 5 years of starting my career I made as much as both of my parents combined.
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07-31-2019, 05:56 PM | #56 | |
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07-31-2019, 08:48 PM | #57 |
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E4 in the Navy. Just added a girlfriend and her 2 year old son to my life. Pulled up to an atm relieved that the minimum withdrawal was $5 because I had $7 in the bank with a few days before payday.
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07-31-2019, 09:52 PM | #58 |
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As a teen, my girlfriend (still with her) is having twins, we stayed with my parents, now I need money (my own money)
I started making good money, $1500+ a week sometimes more (saved every penny) for our 1st house MAIN GOAL We was always on a budget for the house fund so going out we got creative, McCormick's in boston after 9pm weekdays had $2.99 pub style burgers and 1/2 prices apps, we both were under 21 but never carded because of the young parent stress faces lol, we were regulars at those prices we still are careful with our cash remembering how we split a burger and a app many nights My goal was to eat takeout Chinese food in my underwear IN OUR HOUSE, (privacy) every time we order Chinese food she laughs, Please don't take your pants off |
07-31-2019, 10:04 PM | #59 |
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I was so broke and hungry during my freshman year at UMass that everyone left for a long weekend and I had to steal and open my roommate's can of Chef Boy Ar Dee ravioli to make it through. Of course, upon his return, he noticed, and proceeded to grill me and he was 6'4 300 lbs and the Massachusetts shotput champ and I felt bad. But, I was starving.
I learned from that and never wanted to be in that position again. |
07-31-2019, 10:24 PM | #60 | |
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Antonio's pizza (near umass) Chicken Parm pizza with shaved provolone! I'm sure you was there a few hundred times And plenty size 14 college girls with mustaches, central mass doesn't exactly have the eye candy some other school towns have |
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08-01-2019, 05:42 AM | #61 | |
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My parents would offer help when they could, but I knew they were as bad off as I was...so I always told them I was good. Another thing was to hang around the "Food Areas". I had plenty of friends who never knew my situation and had their way paid through school with all the perks by their parents. Plenty of times one would be like...hey man you want this...I can't eat anymore? Now this may be cruel....but when my daughter entered college she had scholarships that paid about 90% of everything. All that was left was housing..and "odds and ends". But she worked a side job the whole time she was in school. It actually benefited her as during her 3rd year, she got a job working 12 hr weekend shifts for 2 days in the same field she was studying. So she had several job offers before she graduated. But I had made her work from the time she was old enough to hold a job. Of course I would hear the "belly-aching" about how so and so had everything paid for, and how she would have friends that would get such extravagant gifts. One of her friends I nicknamed "Gucci Girl" as she pretty much demanded a belt from her parents one year as a Christmas gift that cost over $600. But I wanted to instill in her that she could make it through life on her own...no matter how tough things may seem. And also I wanted her to know that she didn't have to rely upon a man to make it and could be independent. I remember asking her how she think her friends would cope that had parents that paid for everything if something were to happen to one of them and the money stopped coming in. Would they be able to step up and handle that type of situation. So she ended up graduating debt free, has a car that is paid off, and married her High School sweetheart who is more of a cheapskate than I am! They bought their own house with 20% down so no PMI even though they Pre-Qualified for a home that could have cost $130K more. But they played it conservatively and bought something they needed and not something they wanted as I told them that would come later. They both have their retirement contributions maxed out, and she is entering a program this Fall that will eventually end up with her being a PA. And her place of employment is paying for everything as long as she signs a contract to work for them for 7 years after finishing. Not bad for something that will be paying the salary she will make. So it seems like they listened to me after all during all these years!
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08-01-2019, 08:21 AM | #62 | |
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08-01-2019, 09:23 AM | #63 |
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Don't have a great story just a little advice. When you have money don't talk yourself into buying something because of its "resale value". When I needed cash I couldn't believe how worthless stuff was. I don't think I got 50% of what I payed for anything. Craigslist is a sketchy crapshoot. Ebay takes a while to get paid. Most local trading places like pawn shops know you're desperate. Once you're back on your feet you will never be able to buy the items for the price you sold them.
In summary,
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08-01-2019, 10:52 AM | #64 | |
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Plus they immediately have a house with good bit of equity already in it by going that route. I guess it all comes down to how you want to play with your money. There are plenty of ways to take to get to the same place you want to end up at!
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08-01-2019, 01:46 PM | #65 | ||
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Edit: I had to put 20% down on my first but later put minimal down then did improvements to raise the property value (ReFI) after |
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08-01-2019, 11:55 PM | #66 | |
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