I do understand..... the problem is that the "spenders" don't seem to understand.

if someone make $20k a year and spend $40k on dumb stuff (like awesome cell phones, dinning at very expensive resturants, buying top shelf alcohol, tatoo's, play station games) they will be digging a big hole quickly.....

Like stated above, i made a whopping $18k out of college.... hell I think my first 3 jobs were all at $18k.....I spent $ on normal stuff.... went out to eat maybe 2-3 times a month, drove a reliable used car and saved $ fairly quickly for a downpayment on a townhouse and eventually made more $.

The people I am talking about have no chance of saving anything unless they hit the lottery (which they would just piss away in no time anyway)..

 

 

I didn't say anything about GRILLS......nigga please.







which by the way, some dumbshit pizza maker guy (i would guess he makes $7.00 an hour) had them......

The world loves dumb stuff..

 

Scot, I KNOW you have one of these:

 

[QUOTE=ElTianti,May 26 2006, 12:27 PM] I'm with you, I hate the thought to living above my means.

I just sold my home of 10 years IN A DAY and walked away with $280K in profit. Both cars are paid for so I HAVE NO DEBT AT ALL.

$350K in cash, $250K in stocks, no debt, It

 

I was, vocationally speaking, raised in the restaurant and retail meat businesses (my now deceased father and a peternal uncle having owned and operated dinner houses and butcher shops). Said businesses were quite successful, which enabled them to make still more money buying and selling vacant land which, in turn, allowed them to invest in yet more businesses. One of which was the "country store" business.
So in, should memory serve, 1975, they simultaneously purchased two separately owned "country stores" in two separate small rural towns located some fifteen apart from one another. One of these towns was made up of predominately upper-income homeowners/horse enthusiasts, while the other town consisted of mostly low-income renters/drug and alcohol "aficionados."
Now then, Scot, before I continue, which of these two "country stores," in your opinion, was the most successful, and, most importantly, why do you suppose it to have been the most successful of the two?



Peace.
Guy

 

I somehow managed to convince myself that I'd rather have an S2000 (my dream car) and pay it off in about 3 years, than to save for a condo and hate life for 5 years becuase I'd still be driving my civic.

Plus, when I could afford a condo, I wouldn't be able to afford a cool car/ or I would have a family where a impractical car wouldn't be uh, practical.

Weird logic I know.

I really don't have any debt, other than the car payment/insurance/gas. Everyone who knows me and my lifestyle thought it was weird that I would buy an expensive car (relative to my age) like the S.

I don't buy anything but food, buy my clothes at the thrift store and live pretty cheap other wise.


I would agree that many people live way beyond their means for whatever reason. There are tons of societal and sociological reasons why people buy stuff, and buy "too much" stuff. I think my s2k purchase was way too much, and I still do, but I feel somewhat ok with it.

It doesn't matter if its some guy buying "bling" and is in deep debt or some guy who actually can afford "bling", I think they are evidence of a deeper "problem", of life's actual goals.

Financial independence is one thing but opulence and the perception of that are two very different things.

I could go on forever, but I would turn into a socialist ramble that would appear hypocritical given some of my financial actions and S2K ownership.

 

Stop judging people. Until you show up at their job to do it for them, its none of your business how they spend THEIR money.

 

[QUOTE=TonyJ,May 29 2006, 07:17 AM] Stop judging people.

 

I've seen people on welfare blow $50 on stupid shit and why? Who knows, only they can truly answer that however its the same reason they are on welfare in the first place and the rest of us are not.

I guess most of us were all young and stupid at one point or another. I know I was. Most grow out of it; some never do.