Can I add one Greebs?.... Procrastinate.I won't elaborate. It might irritate.
Can I add one Greebs?.... Procrastinate.I won't elaborate. It might irritate.
While I am thinking of her, let me throw another one in the ring:
Don't research anything you are going to buy. Just buy it because it looks nice today on impluse and you deserve it because you ALWAYS wanted it.
She has done this with every single car she has bought. She makes less than I do (and I don't make a lot) and her car payment alone is half my rent.
Here is a good one: Marry someone who is up to their eyeballs in debt :loop: and has no desire to pay it off. I have a friend who did this and they are always arguing about money:fence:.
Support your adult children because they're unable to handle the reality of life of paying their own bills.
Wow this is a great thread!
DONT TAKE NO FOR AN ANSWER - Meaning you keep telling yourself NO but do you listen?
ADVICE - YOU ASK, WE ADVISED - Do you listen?
Seek, Listen and Model advice of people who are deeply in debt and have the attitude "a person will always be in debt there is no use trying to get out of debt". I have a coworker who is older and in poor health and is thinking of going deeply and I mean deeply in debt to purchase land in the country and build a house...and she does not even like living out in the country. But her husband who is also older and in poor health has the dream of living out there. Anyway my coworker is listening to people tell her this is the time to do it...seems like NONSENSE to me especially since there are no close medical facilities to where she is thinking of moving and she will be up to her eyeballs and beyond in debt.
Why do they have to spend so much money? Land really that expensive in BFE Texas or are they going to another state or is their dream house ridiculous in scale or?
From what I read now, I agree, it sounds stupid. I am just curious. :D
I love the advice one so much that I want to add to it..........
Make sure when you ask for advice from friend/family or especially on this website and it is answered, that you say "I can't give up the cell phone, car, satellite, going out to eat, or change anything else. That stuff is too hard and inconvenient and I don't want to do it. So can anyone find another way I can make ends meet?"
Sorry if this comes off too mean, but I just see it all the time.
1.)They have to have a well dug which she told me would be quite expensive as they have to go thru rock??
2.) They have to clear the land and she does not like to do any type of outside yard work so they would need to pay to have it done.
3.) They have to pave a road as the city/county state does not have a maintained road to the place.
4.) They have to buy a tractor to mow the place after they clear it and a barn which can be locked to keep the tractor so no one steals it.
5.) They have to purchase a gas storage tank/building to keep the tractor with gas.
6.) They have to run electricity to the house.
7.) They want a huge house and they want the house built around a courtyard. The courtyard would be in the middle.
The land they bought for a house has no road access? I mean, if it is adjoining a road, you can just put in a gravel driveway.
But then you say:
I guess a gravel driveway wouldn't go with the theme!Quote:
They want a huge house and they want the house built around a courtyard. The courtyard would be in the middle.
I am a bit confused about having to clear large portions of the land. Wouldn't it just be easier to leave the land as is and enjoy it the way it is? I mean, if it is not a fire hazard like scrub or something.
They are talking about living like landed gentry without the servants. It is a little silly.
Don't wanna be rude- but can the off topic discussion please exit the thread? ;)
I fail to see why it is off topic. This thread is about making stupid financial choices, is it not?
True - I just feel like we're getting off the pattern of posting brief, general pointers on how to fail and into details about how some specific couple is failing.
Be a GREAT shopper.......who cares if you will never used those 10 boxes of hamburger helper before they expire, buy them anyway because they are only 50 cents a box after coupon. It doesn't matter how great the deal is or even if it's free, if you buy something you're not going to use or don't need, it's still stupid.
You are entitled and even more then that you deserve it, you work hard and you can pay it back anytime you want to.
Every one carries debt to pay for their car
How about this attitude " I am not going to worry about paying off my debt because it is so much and it will outlive me anyway. I will die owing look at all those people who buy and finance a car when they are in their seventies they have no intention of paying it off."
"I am keeping my student loans in forebearance forever after all it will out live me anyway so it does not really matter how much interest I am being charged." This person almost swallowed their tongue when I told them that Uncle Sam could take the student loan payments out of their social security checks.
Be uneducated about credit and related matters. Assume the 'credit fairy' will pay the bills and your credit rating will still be stellar.
Borrow unreservedly from family, but don't pay it back.
Demand family (or mate's family) pay your bills because you're spending all YOUR money on 'things' - clothing, shoes, alcohol, drugs...
I thought this was a great thread and it deserved a bump for newbies. :grnwave:
Buy everything the MINUTE it comes out. Because nothing ever comes down in price *cough*iphone*cough*
I can't! It's too hard! I'd rather sit and whine about how much my life sucks than go out and do something to change it for the better. I don't want to have to rearrange or *gasp* give up my "free time" to work for a better life.
(I had a wise teacher one year in grade school, who told me, in no uncertain terms, that "can't" means "won't." Taking those words to heart was one of the smartest lessons I learned, while growing up. "I CAN'T" is one of the most destructive and self-defeating phrases to have in your vocabulary. )
Don't bother teaching yourself basic skills like sewing, car repair, home maintenance, and food preservation. Those are skills that are for the unwashed you are waaaay above that!
Snicker behind the back of older Americans when they tell you stories of the Depression and the things they did to keep body and spirit together. Also ignore the lessons they learned that was way back then, this is now history never repeats itself.
Can we get this stickied?
I want it means I need it - Live your life by this rule and you're destined for failure in all areas of your life. I want to buy that new shiny gadget. I want to take a vacation so it's okay that I don't pay my bills this month. I want to cheat on my spouse. I want to buy a bigger house. I want to blow off work to play video games. Yep. Just keep going down that path and you'll be a lonely and miserable failure before you turn 40. I guarantee it.
Neglect to read the fine print on mortgages, car leases/loans, credit cards and other big ticket loans that could end up in years of interest payments and fee's.
Assume you will always be in your current financial situation - You make plenty of money! Why not treat yourself? Use every penny of your paychecks toward the things you want today. You don't have to worry about the future because your raises will keep up with your lifestyle.
Start being responsible next year - You've already got too many plans this year. You don't really need to start paying attention to your life right now. But next year you're going to buckle down. You're just going to wait until after you get that bonus or that raise. Wait until the kids are in school. Or out of school. Wait until you move or buy that new car. Wait until you redo the kitchen or put in the pool. It's not that you don't want to budget or don't know that you need to, you've just got too much going on right now. But next year. Definitely next year.
* don't get a second job b.c. you will pay too much in taxes to Uncle Sam and your relationship will suffer b.c. you don't have time for your spouse
(if that is gonna destroy your relationship, then your relationship was messed up in the first place)
* financial goals are for nerds, who cares I'm gonna die anyway eventually
* why preplan my will and trust and burial arrangements, my insert (kids. spouse, partner) will take care of that when/if I die accidentally
Make sure you have the latest leased or financed car every two years. No way can you drive a car older than 3 or 4 years. This will definitely keep you from building an EF, saving for retirement, your children's education or paying off the mortgage.
Take out an home equity loan to pay off all of your debt especially the credit cards that are maxed out only to start the vicious cycle all over again by charging on the very same credit cards again.
Little things don't count.
Really, why bother about 50 ct here, or three bucks there?
"What will the neighbours say?" is always the most important question.
There will be rumors about how broke you are if you sell that car, get that job, or don't go to X for your vacation. You don't want any such rumors!
There aren't any jobs out there anyway.
Of course there aren't, so no sense in trying to find anything.
I don't have time for an extra job, doing this or that myself instead of hiring help, or to comparison shop.
Of course you do not. You HAVE to watch three hours of TV and go partying at least four times a week. That's your social responsibility. It just doesn't leave enough time for the other stuff.
I cannot walk there, go by bike, or take public transportation.
No need to actually try to find out whether the bus stops directly in front of my company, or whether cycling to work on a nice spring morning could actually be fun.
The only way to change your lifestyle is by spending a lot of money.
The only way to get exercise is by going to the best gym in town. You can only loose weight by buying expensive 'diet' food. If you want to be creative, there are certainly some artsy, though pricey, workshops out there.
I love my husband, daughter, brother, fiance, best friend, so I have to buy him/her expensive gifts.
Nothing tells as clearly of your affection as a large bouquet of flowers, a new flatscreen TV, an XBox, or a week at an expensive holiday resort.
Don't keep records
Because if you did, you would know what you own, and then your heirs wouldn't be learning about a piece of property and bonds decades after you die. (Just found out my grandmother had a bond in her name ...probably from 1978 or earlier. My grandfather did many things right, but his records were horrible.)
I'm not sure if this one has been mentioned but not doing research before you buy. Not haggling on the price. We tend to shell out more money than necessary just because we don't fight over the price of things. Friends and family are not the only people who take advantage of us.
Wow what a great thread......... but I can't post here 'cos every time I think of some tip..... SOMEONE has posted it before me...give yourselves a pat on the back everyone you already know all the secrets to a rich life -and I'm not talking rich as in money
Buy the skinny/vacation/someday clothes -- who cares if you haven't seen your feet in 6 years, your last vacation was in 7th grade, you'll wear them eventually... I hear out-of-style clothes are now called retro anyways.
Avoid sales and clearance racks -- you don't want Mrs. Jones walking by as you are looking them over.
Always have the attendant pump your gas -- it just looks cooler when you hand your credit card out the window and having him take your credit card inside.