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Why don't you do the math before you tell these kids to not borrow money-- or get a job!

 
TollFreeProduct

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10/16/2011 02:14 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Another point is that colleges these days are more of a resort than anything. Take High Point for instance ( [link to www.highpoint.edu] ) these schools are fighting over one of the biggest pots of taxpayer backed financing out there.

Guaranteed student loans by the federal Govt. I could go for underwater basket weaving and the government would be more than willing to lend me the $ to do so. Its BS. IT has made the cost of schooling higher for everyone. There are many that didn't need the 4 years afterwords and should have gone for an associates and would have been just fine (see [link to www.lasvegassun.com] Get a MBA years later if you need the tools, the diploma is not what does the work for you, its you and you alone.
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10/16/2011 02:14 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
I completely agree with the initial thread. Articulated well and that was just one scenario. Just imagine if your family was already poor before all of this happened. Then what? Blame people for not working hard enough? come on...there's a big disproportionate amount of money that the middle class is not receiving and all the blame can't be on the majority of the country. That's basically saying 99% of the USA is stupid. Really? It seems like the only stupid thing was trusting the government would help the country out when the time came. And GLP seems to agree with insulting the 99%.

[link to www.associatedcontent.com]
 Quoting: Anonymous Coward 1491370


I myself don't agree with alot of the ows demands, but they are a group we can mold into something great.

I don't want socialism, don't agree with free handouts. But when I see the footer of this website, after being a huge fan of this place for over several years, i get sick. The owner saying occupy a job when there are fewer every day. In a country that is getting worse everyday. Small businesses can't make it either in this day and age. It's scary.

I hear people say there are jobs out there and you can make it by taking two or three jobs. I agree, you can make it......today. It's five years from now that I'm worried about because this scenario won't work any longer.

While we can barely get by today, we won't get by in five years.
Anonymous Coward
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10/16/2011 02:14 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
The point in 'get a job' is to motivate people to 'make a job'.


It is up to individuals to create jobs in America. If people choose not to risk and be an employee all their life, well fine. Live in an apartment and ride the bus then.

America is about excellence. People need to create businesses and employ others. Few can start life this way, but anyone can finish this way.
 Quoting: Apocalypse Troll
Actually the "few who start this way" usually always "end this way", and there have been INSTANCES where those who didn't "start this way" might end "this way". And as more and more of THEM "end this way" less and less of US "end this way", because the position of slave is many and the position of slave driver is few. WHAT HAPPENS THEN?
Anonymous Coward
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10/16/2011 02:17 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok letís pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

 Quoting: BigNutChuck


Your post is a good one and makes valid points!


If I may adjust those numbers a bit - here in Texas (which is, I think, more reasonable than many places around the country) - it's pretty much impossible to find a decent rent house or apartment in a nice, safe area for less than $1,000 a month and it's going to be closer to $1,200. So let's average that $1,100.

200 is indeed a low payment for a car, but we'll go with that.

Insurance varies, we'll go with your $100.

Electricity here can vary between 100 and 400+ depending on what runs on electric or gas, time of year, etc. Average out at $250

Gas can vary 30 - 125, Average at $75 And you left out water payment which can be 40 - 100 depending on usage. Average at $60

And with the rising prices in stores, $400 a month for groceries is really trimming back.

And $100 for auto gas.

So let' add it up now:
$ 2,285


So you figured the numbers for a college grad.

Let's now apply the numbers to those who simply do not have the chance and/or money to go to college, who are good and decent people (of all ages) who just didn't have the opportunities afforded others (but I guess the haters will call them bums, too) . . .

So they are making $8 an hour.
That's $64 a day.
It's $320 per week minus let's say 25% taxes = bring home: a whopping $240!

That's $12,480 per year.

Now they may or may not have insurance through their job, but if they do, it won't be very comprehensive, and they can't pay for any extra coverage.

And as you pointed out, the above expenses do NOT include cable, phone, entertainment, clothes, auto maintenance, etc.

The annual expenses above total $27,420!

Wow.

So to all the people out there who say to others "just get a damn job, any job you can get and be happy with it! . . . crunch the numbers and tell everyone how YOU would like to have to make do under THOSE kinds of financial circumstances!!!!!!!!


I don't advocate the lazy and apathetic people who don't want to do better, but I LOATHE these arrogant people who point fingers and make judgments without considering the reality for some.
 Quoting: Anonymous Coward 3376136


People making minimum wage are likely tax exempt so wouldn't be losing 25% in taxes. Only 7.65% for medicare + OASDI.

I see your point though.

If you are that strapped for cash you don't buy a new car with a $200/month payment. That's just plain stupid. And for $200/month you can get a brand new car.

You buy a $500-1000 piece of shit or ride a bike or bus. Losing the car cuts out (from your numbers) $200 payment, $100 insurance, $100 gas = $400 per month. $4800/year. You also find cheaper entertainment like a radio (computers suck a lot of energy - the one I'm using right now averages about 160 watts while it is on. So every 6.25 hours it is on - it uuses a kilowatt hour.

Use the local library. Go to the park.

You can be entertained without hollywood shoving movies down your throat.

The safe place to live is the only one that is really hard to make suggestions. You don't want to live somewhere unsafe =(
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10/16/2011 02:22 PM

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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok letís pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now letís start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok letís get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WONíT BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.
 Quoting: BigNutChuck


first & foremost - differentiate between a want & a need

second - live within your means

that is all.
political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.
Anonymous Coward
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10/16/2011 02:24 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
BigNutChuck  (OP)

User ID: 1140210
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10/16/2011 02:29 PM

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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Thank you for pin. I guess this is a karma pin and thanks.


Some of you have made good points.

Some of you are saying that a $18,000 car is a good car and not a P.O.S.

That my standards are high just because of this phrase.

The truth is a $18000 car is in the lower range of prices for new vehicles and cars now days are made with cheap parts that do not last period, so infact they are P.O.S. by design.


A car that will last a little longer is in the price range of 30,000-50,000 and (the last a little longer is ?????)


Yes you can find a used car for a lot cheaper than 18000, but it is a crap shoot on how long it will last. Maybe a month or maybe 10 years. It is harder to find older cars and trucks that really last.


Point is this is based on what someone faces in the economy today.
Rather die standing than live kneeling
Anonymous Coward
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10/16/2011 02:32 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180
woohoo.

wow you forgot to factor in the psychological distress of never having a girlfriend or decent people to talk to, and you forgot to mention that if you make any good friends, they might be addicted to cocaine and steal shit from you. Oh and don't forget how everyone will know that you are poor as shit, and you will be ignored/avoided the rest of your life.

Oh and don't forget! You have a good chance of developing depression and panic attacks! You're going to probably lose multiple jobs, and/or not get hired, once you hit rock bottom, lol. Imagine you don't have ANY family or ANY friends for just a second! If you lose a job, you can't find a NEW ONE, aomg LOLOLOOLOL, so THEN you get kicked out of your apartment and you have to sleep ON A SIDEWALK BECAUSE HAHAHAHAHAHAHAHA YOU CANT SLEEP ON A PARK BENCH HAHAHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
FatalW1shes

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10/16/2011 02:33 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
You've been brainwashed!!!

Everyone should have a food, clothes and a home. No one should have to work for the basics to live.
 Quoting: Southernbella


And just who do you propose pay for your food, clothing, and shelter?

Those are the basics right?

Last Edited by FatalW1shes on 10/16/2011 02:35 PM
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10/16/2011 02:34 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
nicely done
BigNutChuck  (OP)

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10/16/2011 02:37 PM

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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180


So by your math and mine you are screwed. You always going to rent never having anything.

You didn't figure in a bump. You get sick or so on.

Your method is survival and you lose your job or something happens and bam! You are fucked.

Then what happens when you get old?? You going to work til your 100, or even be able to. You think your job will last that long, lol.

Oh, I know. You must think that SS will help you out in 30 years.

Yep that's gonna be there.
Rather die standing than live kneeling
Anonymous Coward
User ID: 3218991
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10/16/2011 02:38 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok letís pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now letís start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok letís get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WONíT BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.
 Quoting: BigNutChuck


I suggest you read THE RICHEST MAN IN BABYLON. You need it. It costs about $8. It was written back in the 1930s or so buy a guy named george Clayson.
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10/16/2011 02:51 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180
woohoo.

wow you forgot to factor in the psychological distress of never having a girlfriend or decent people to talk to, and you forgot to mention that if you make any good friends, they might be addicted to cocaine and steal shit from you. Oh and don't forget how everyone will know that you are poor as shit, and you will be ignored/avoided the rest of your life.

Oh and don't forget! You have a good chance of developing depression and panic attacks! You're going to probably lose multiple jobs, and/or not get hired, once you hit rock bottom, lol. Imagine you don't have ANY family or ANY friends for just a second! If you lose a job, you can't find a NEW ONE, aomg LOLOLOOLOL, so THEN you get kicked out of your apartment and you have to sleep ON A SIDEWALK BECAUSE HAHAHAHAHAHAHAHA YOU CANT SLEEP ON A PARK BENCH HAHAHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
 Quoting: Anonymous Coward 3427039


yeah dude. Ive been living like this since I got outa high school and thats exactly how it works. All my friends are coke heads and they steal my shit all the time. Making the best out of very little is SO fucking depressing. I can barely handle it! omg.

Haha. fucking hell. a whole movement of overpriviledged, judgemental and ignorant fuckheads who think they're too good to work for minimum wage and that comfort and luxury are a rite of passage

When it all collapses you'll be looking to the homeless and despised people for survival tips. but all the good dumpsters will be claimed
Anonymous Coward
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10/16/2011 02:52 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
I suggest you read THE RICHEST MAN IN BABYLON. You need it. It costs about $8. It was written back in the 1930s or so buy a guy named george Clayson.
 Quoting: Anonymous Coward 3218991
Hey, let's try using our brain for a couple fucking seconds.

Here's a quote from that book: "Make your gold work for you."

Do you know what that means? Basically it comes down to: NEVER DO ANY WORK. Either pay other people to make enough money to pay for themselves and to make your profits at the same time, OR loan out money at interest.

So by your FUCKING FALLACIOUS LOGIC:

Everyone should "Make their gold work for them", AKA, NO ONE SHOULD HAVE TO DO ANY WORK.

WE CAN'T ALL BE CEO'S ECONOTARD!!!

I hope you fucking lose whatever source of money you have, and all your credentials. Try it out bitch.
Anonymous Coward
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10/16/2011 02:53 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok letís pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now letís start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok letís get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WONíT BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.
 Quoting: BigNutChuck


first & foremost - differentiate between a want & a need

second - live within your means


that is all.
 Quoting: Phennommennonn



Exactly right. Don't tell me what your bills are. Live within your means - period.
Anonymous Coward
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10/16/2011 02:54 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
[link to youtu.be]
you have to be asleep to believe it..
Anonymous Coward
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10/16/2011 02:55 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
When it all collapses you'll be looking to the homeless and despised people for survival tips. but all the good dumpsters will be claimed
 Quoting: Anonymous Coward 1733180
Egfuckingzactly
Nine's

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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
There's a harsh reality that might help some of you.

Every generation has blamed the generation before them
for the problems of the world.

You are entitled to nothing.

Nothing in life is free. Everything you get, you'll either work for, inherit, or be given, out of love, not entitlement.

Work is hard. Life is hard, but it can be good. Accept it, apply yourselves, and try to help someone else along the way.
Anonymous Coward
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10/16/2011 02:56 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180


So by your math and mine you are screwed. You always going to rent never having anything.

You didn't figure in a bump. You get sick or so on.

Your method is survival and you lose your job or something happens and bam! You are fucked.

Then what happens when you get old?? You going to work til your 100, or even be able to. You think your job will last that long, lol.

Oh, I know. You must think that SS will help you out in 30 years.

Yep that's gonna be there.
 Quoting: BigNutChuck


dont care. Silly shit to bother yourself with. If I get sick and die, I get sick and die. If I lose my job I get another one. Or try out homelessness. Why not? People survive
Anonymous Coward
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10/16/2011 02:56 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
I suggest you read THE RICHEST MAN IN BABYLON. You need it. It costs about $8. It was written back in the 1930s or so buy a guy named george Clayson.
 Quoting: Anonymous Coward 3218991
Hey, let's try using our brain for a couple fucking seconds.

Here's a quote from that book: "Make your gold work for you."

Do you know what that means? Basically it comes down to: NEVER DO ANY WORK. Either pay other people to make enough money to pay for themselves and to make your profits at the same time, OR loan out money at interest.

So by your FUCKING FALLACIOUS LOGIC:

Everyone should "Make their gold work for them", AKA, NO ONE SHOULD HAVE TO DO ANY WORK.

WE CAN'T ALL BE CEO'S ECONOTARD!!!

I hope you fucking lose whatever source of money you have, and all your credentials. Try it out bitch.
 Quoting: Anonymous Coward 3427039


Read the book. Educate yourself for a change. You're a fucking idiot and there is no escape from yourself until you learn some things. You're stuck on fucking stuuuupid.
Anonymous Coward
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10/16/2011 02:59 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Exactly right. Don't tell me what your bills are. Live within your means - period.
 Quoting: Anonymous Coward 3218991
Oh really? Well I was thinking about how I don't have enough money for food, and how I should just plant some crop. Oh, hey, everyone owns all the land around me, fuck, hey I guess I'm just gonna have to knock down your house and plant a fucking garden OR STARVE TO DEATH RETARD. We live in a system dumbass, a democratic system, and if people aren't happy, what do you think we're gonna do? Take it up our fucking asses? By god, we will fucking change shit, no matter how hard your fucking daddy worked. I'm working really fucking hard, right now, and your daddy is in my fucking way.
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
<iframe width="560" height="315" src=" [link to www.youtube.com] frameborder="0" allowfullscreen></iframe>
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10/16/2011 03:02 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180
woohoo.

wow you forgot to factor in the psychological distress of never having a girlfriend or decent people to talk to, and you forgot to mention that if you make any good friends, they might be addicted to cocaine and steal shit from you. Oh and don't forget how everyone will know that you are poor as shit, and you will be ignored/avoided the rest of your life.

Oh and don't forget! You have a good chance of developing depression and panic attacks! You're going to probably lose multiple jobs, and/or not get hired, once you hit rock bottom, lol. Imagine you don't have ANY family or ANY friends for just a second! If you lose a job, you can't find a NEW ONE, aomg LOLOLOOLOL, so THEN you get kicked out of your apartment and you have to sleep ON A SIDEWALK BECAUSE HAHAHAHAHAHAHAHA YOU CANT SLEEP ON A PARK BENCH HAHAHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
 Quoting: Anonymous Coward 3427039


yeah dude. Ive been living like this since I got outa high school and thats exactly how it works. All my friends are coke heads and they steal my shit all the time. Making the best out of very little is SO fucking depressing. I can barely handle it! omg.

Haha. fucking hell. a whole movement of overpriviledged, judgemental and ignorant fuckheads who think they're too good to work for minimum wage and that comfort and luxury are a rite of passage

When it all collapses you'll be looking to the homeless and despised people for survival tips. but all the good dumpsters will be claimed
 Quoting: Anonymous Coward 1733180


Sorry to hear about your situation dude, seriously ! I do really feel for you guys over there peace
Anonymous Coward
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10/16/2011 03:03 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Exactly right. Don't tell me what your bills are. Live within your means - period.
 Quoting: Anonymous Coward 3218991
Oh really? Well I was thinking about how I don't have enough money for food, and how I should just plant some crop. Oh, hey, everyone owns all the land around me, fuck, hey I guess I'm just gonna have to knock down your house and plant a fucking garden OR STARVE TO DEATH RETARD. We live in a system dumbass, a democratic system, and if people aren't happy, what do you think we're gonna do? Take it up our fucking asses? By god, we will fucking change shit, no matter how hard your fucking daddy worked. I'm working really fucking hard, right now, and your daddy is in my fucking way.
 Quoting: Anonymous Coward 3427039


You don't know what hard work is. And, by the way, if you do starve to death, it's OK with me. One fewer idiots on the planet won't hurt the rest of us any.

You aren't going to change shit. You can't even run your own miserable fucking life you low rent POS. Nobody's in your way but yourself. Admit it, you're a fucking loser.
Anonymous Coward
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10/16/2011 03:06 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180
woohoo.

wow you forgot to factor in the psychological distress of never having a girlfriend or decent people to talk to, and you forgot to mention that if you make any good friends, they might be addicted to cocaine and steal shit from you. Oh and don't forget how everyone will know that you are poor as shit, and you will be ignored/avoided the rest of your life.

Oh and don't forget! You have a good chance of developing depression and panic attacks! You're going to probably lose multiple jobs, and/or not get hired, once you hit rock bottom, lol. Imagine you don't have ANY family or ANY friends for just a second! If you lose a job, you can't find a NEW ONE, aomg LOLOLOOLOL, so THEN you get kicked out of your apartment and you have to sleep ON A SIDEWALK BECAUSE HAHAHAHAHAHAHAHA YOU CANT SLEEP ON A PARK BENCH HAHAHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
 Quoting: Anonymous Coward 3427039


yeah dude. Ive been living like this since I got outa high school and thats exactly how it works. All my friends are coke heads and they steal my shit all the time. Making the best out of very little is SO fucking depressing. I can barely handle it! omg.

Haha. fucking hell. a whole movement of overpriviledged, judgemental and ignorant fuckheads who think they're too good to work for minimum wage and that comfort and luxury are a rite of passage

When it all collapses you'll be looking to the homeless and despised people for survival tips. but all the good dumpsters will be claimed
 Quoting: Anonymous Coward 1733180


And you don't see the problem? ALL your friends are coke heads and they steal your shit all the time and YOU STILL CALL THEM FRIENDS.

Ahem, excuse me, but I have a news flash for you. You're fucking yourself and you'll remain fucked until such time as you pull your head out of your fucking ass and start to make some adult decisions.
Anonymous Coward
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10/16/2011 03:08 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
I suggest you read THE RICHEST MAN IN BABYLON. You need it. It costs about $8. It was written back in the 1930s or so buy a guy named george Clayson.
 Quoting: Anonymous Coward 3218991
Hey, let's try using our brain for a couple fucking seconds.

Here's a quote from that book: "Make your gold work for you."

Do you know what that means? Basically it comes down to: NEVER DO ANY WORK. Either pay other people to make enough money to pay for themselves and to make your profits at the same time, OR loan out money at interest.

So by your FUCKING FALLACIOUS LOGIC:

Everyone should "Make their gold work for them", AKA, NO ONE SHOULD HAVE TO DO ANY WORK.

WE CAN'T ALL BE CEO'S ECONOTARD!!!

I hope you fucking lose whatever source of money you have, and all your credentials. Try it out bitch.
 Quoting: Anonymous Coward 3427039


Read the book. Educate yourself for a change. You're a fucking idiot and there is no escape from yourself until you learn some things. You're stuck on fucking stuuuupid.
 Quoting: Anonymous Coward 3218991
Wow, nice rebuttal, dumbass. Thanks, I'll just read your book on how to usurp people, until I become a usurper and then I'll just recommend the book to the people I learned how to take advantage of my whole life! Wow it's an evolution of the highest moral demand! God damn, I can't wait to see the state of the world my grandkids will inherit!

Oh my god, you realize you're fucking evil right? Has no body here even heard of compassion for the poor? You realize there's no free will right? Energy can neither be created nor destroyed? That little law of phsyics? Oh you lack intelligence I forgot. People are exactly how they have been conditioned to absolutely no fault their own. It's actually fucking physics. So poor makes poor and rich makes rich. And WOW. That's exactly how this is all playing out! Maybe it's the fucking systemic dichotomy that's the problem. Home of the free and equal? Yeah, I'm not there, but we will fucking come back, and you will fucking wallow.
Anonymous Coward
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10/16/2011 03:11 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Hey math is cool! I wanna try!

7.50 an hour, 40 hours a week = 300

lets tax that and bring it down to 200

200 a week for a month is 800 dollars

you get a studio apartment in a cheap part of town for 500 all utilities included. You have provided yourself with shelter and have 300 a month left over

we'll put gas at 100. No car payment cause you're not an idiot and dont buy 18,000 dollar vehicles when you can find a decent one for under 1000 and you've already payed that off. so you're down to 200

that's 50 a week for food and whatever else you want

25 should provide you with food (you can do it for half that though), you get water from the tap, all your needs are now met and you got 25 a week left over for whatever (probably liability insurance for your car). Cool!


you want more money? Maybe youre close enough to your job to walk or bike. congrats! you've just saved 100 a month on what you would be spending on gas. Find some roommates to go in on a 3 bedroom apartment. You can get one of those for like 700. Thats 233 a person. You saved yourself 267 dollars on rent. The total saved = 367 dollars a month! woo-hoo!

you don't have student loans to pay off cause you decided in highschool that you really didn't need much more than minimum wage to survive and the quality of ones life isn't really dependant on how much money they have. Shit, you could live in a van and go camping every day. why not?
 Quoting: Anonymous Coward 1733180
woohoo.

wow you forgot to factor in the psychological distress of never having a girlfriend or decent people to talk to, and you forgot to mention that if you make any good friends, they might be addicted to cocaine and steal shit from you. Oh and don't forget how everyone will know that you are poor as shit, and you will be ignored/avoided the rest of your life.

Oh and don't forget! You have a good chance of developing depression and panic attacks! You're going to probably lose multiple jobs, and/or not get hired, once you hit rock bottom, lol. Imagine you don't have ANY family or ANY friends for just a second! If you lose a job, you can't find a NEW ONE, aomg LOLOLOOLOL, so THEN you get kicked out of your apartment and you have to sleep ON A SIDEWALK BECAUSE HAHAHAHAHAHAHAHA YOU CANT SLEEP ON A PARK BENCH HAHAHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
 Quoting: Anonymous Coward 3427039


yeah dude. Ive been living like this since I got outa high school and thats exactly how it works. All my friends are coke heads and they steal my shit all the time. Making the best out of very little is SO fucking depressing. I can barely handle it! omg.

Haha. fucking hell. a whole movement of overpriviledged, judgemental and ignorant fuckheads who think they're too good to work for minimum wage and that comfort and luxury are a rite of passage

When it all collapses you'll be looking to the homeless and despised people for survival tips. but all the good dumpsters will be claimed
 Quoting: Anonymous Coward 1733180


And you don't see the problem? ALL your friends are coke heads and they steal your shit all the time and YOU STILL CALL THEM FRIENDS.

Ahem, excuse me, but I have a news flash for you. You're fucking yourself and you'll remain fucked until such time as you pull your head out of your fucking ass and start to make some adult decisions.
 Quoting: Anonymous Coward 3218991


sarcasm doesn't always work to well online does it?

Most of my friends are worse off than I am. none of them are coke heads. They dont steal my shit. and unlike all these college asshats, they go on with their lives and dont really care that other people have it better than they do.
Anonymous Coward
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10/16/2011 03:18 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
Exactly right. Don't tell me what your bills are. Live within your means - period.
 Quoting: Anonymous Coward 3218991
Oh really? Well I was thinking about how I don't have enough money for food, and how I should just plant some crop. Oh, hey, everyone owns all the land around me, fuck, hey I guess I'm just gonna have to knock down your house and plant a fucking garden OR STARVE TO DEATH RETARD. We live in a system dumbass, a democratic system, and if people aren't happy, what do you think we're gonna do? Take it up our fucking asses? By god, we will fucking change shit, no matter how hard your fucking daddy worked. I'm working really fucking hard, right now, and your daddy is in my fucking way.
 Quoting: Anonymous Coward 3427039


You don't know what hard work is. And, by the way, if you do starve to death, it's OK with me. One fewer idiots on the planet won't hurt the rest of us any.

You aren't going to change shit. You can't even run your own miserable fucking life you low rent POS. Nobody's in your way but yourself. Admit it, you're a fucking loser.
 Quoting: Anonymous Coward 3218991
Omg, lol, tell me what you fucking do. When I was going to college, Mon. Wed. Fri., I was a janitor on the weekends Sat. Sun. I worked double shifts which means I worked 32 hours over the weekend. I never saw a football game. I cleaned human refuse, and watched people avoid me all day. I had a second job, Tues., Thrus., moving furniture and picking up trash for an apartment complex. I am 26 and have worked atleast 12 different jobs, half of them hard labor shit jobs, and I never want to be unemployed. Are you fucking kidding me? I would end up on the street everytime if not by some fucking miracle when I find a new job. I HAVE NEVER DONE A DRUG EVER. You probably have, well you can test my hair and you will see no drug use. Period. This is why you better fucking listen up. I have graduated, and I am currently looking for the most MEAGER ASS JOB I CAN FIND, and I can't find one. I am about to go work for BeBe in the mall, now, but that's gonna be barely min wage with no hours, and tis probably seasonal. So FUCK YOU. I always get stuck with the hard labor, and I bet youve never had to do hard labor. My dad was an ag teacher with a land lab, and I worked on that farm my entire life growing up.
Anonymous Coward
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10/16/2011 03:20 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
almost 7 billion humans.... thats the reason for all the woes in life! if you cannot survive than you shall perish!
Anonymous Coward
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10/16/2011 03:23 PM
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Re: Why don't you do the math before you tell these kids to not borrow money-- or get a job!
This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok letís pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now letís start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok letís get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WONíT BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.
 Quoting: BigNutChuck


rockon





GLP