|
Nocheez posted:Don't forget that he rolled over his negative-equity bike into that new one. He already had a bike, but had to get one of the most expensive sport-bikes on the market because ___________.
|
#
?
Dec 18, 2013 20:57
|
|
|
|
| # ? May 5, 2024 21:37 |
|
|
Delta-Wye posted:Back home it was fishing. When a kid just out of highschool makes 60k in a week, it tends to disappear quickly. 60k a week?
|
|
#
?
Dec 18, 2013 21:43
|
|
|
Sudden Infant Def Syndrome posted:60k a week? 60k in a week. But they only work one week a year. It's one of those jobs where you make a shitton of money and people will tell you "Oh yeah do that for like five years and then retire forever!"... and that never happens, because welp, there's 60 grand in your bank account, what's a $15 000 truck?
|
|
#
?
Dec 18, 2013 21:52
|
|
|
I know some people that would buy 1 year annuities that paid weekly with their fish money because they couldn't not spend it.
|
|
#
?
Dec 18, 2013 21:54
|
|
|
It's really irresponsible obviously, but it's not hard to see why it happens. If you're not working the other 51 weeks a year, what the hell are you doing with your time? Self improvement and learning are for pussies. Where do I get one of these fishing jobs?
|
|
#
?
Dec 18, 2013 21:58
|
|
|
Not as dramatic as fishing, but there's plenty of merchant seamen who take exactly the amount of vacation that'll allow them to spend the year's income, and if for some reason they get laid off early, welp, panic time. Most of them also subscribe to the idea that if you work more than a certain amount of overtime, you loose money because of taxes. My favorite was the guy who had a gigantic house, gigantic jet ski, two huge diesel trucks, a brand new pool and what have you, but had to work 9+ months a year to be able to afford it (IE, he was working 270+ days a year, if you work 5 days a week without any holidays you'll work 260). Oh and he'd put everything in his wife's name, because she was a native and thus... taxes I guess. The wife he spends at most 3 1/2 months per year with. I have not heard of the guy in four, five years (and I have no interest in seeking him out) so there's no punch line, sorry.
|
|
#
?
Dec 18, 2013 22:00
|
|
|
NancyPants posted:Where do I get one of these fishing jobs? IIRC openings come up pretty regularly as people get injured and die.
|
|
#
?
Dec 18, 2013 22:00
|
|
|
LorneReams posted:IIRC openings come up pretty regularly as people get injured and die. So lots of opportunities then!
|
|
#
?
Dec 18, 2013 22:26
|
|
|
Make sure to apply after knocking up your wife. Don't get life insurance.
|
|
#
?
Dec 18, 2013 22:33
|
|
|
Lowness 72 posted:Make sure to apply after knocking up your wife. Don't get life insurance. And you'd still be making a better decision than that guy with the motorcycle and the pregnant wife.
|
|
#
?
Dec 18, 2013 22:45
|
|
|
NancyPants posted:It's really irresponsible obviously, but it's not hard to see why it happens. If you're not working the other 51 weeks a year, what the hell are you doing with your time? Self improvement and learning are for pussies. Southern Alaska in the 80s. Sorry! Used to be a great way to flip cars; sell them a jalopy when they get back, and then buy another for half off a month before the season when everyone has spent their money. Simply rinse and repeat. Delta-Wye fucked around with this message at 23:14 on Dec 18, 2013 |
|
#
?
Dec 18, 2013 23:00
|
|
|
Car forums are another good place to find "bad with money":sarahsideways RE: Why did you buy a Sonic? posted:Funny story actually... had a civic.. hated it.. went to trade it in for a Nissan titan (i know riiiight) and the dealer wanted me to botch some info so I said no thanks... ended up hitting a jackpot (1500 not too shabby) at the casino one saturday morning so I said ... I want a new car.. Drove to the Chevy dealership to look through the used lots (honestly wanted a sentra
|
|
#
?
Dec 18, 2013 23:34
|
|
) couldnt find anything. Was about to leave when the sales guys yells WAIT HAVE YOU SEEN THE SONIC? I was all the whatic? He brings it around from the back (just shipped in, first one the dealer had) test drove it (at night) loved it, bought it and as I was driving home realized it had manual windows.
|
Mr.Radar posted:Car forums are another good place to find "bad with money": haha, they traded in one of the best rated compact cars for an early model sub compact... Again, not just a bad financial decision - also a bad general decision.
|
|
#
?
Dec 19, 2013 00:10
|
|
|
I worked in sub-prime vehicle finance. Few, if any, of the customers I spoke with had ever even bothered to look at their contract. The dealers were likely telling them where to sign then and then flipping the paper over so they couldn't review it. When I called to go over their payment plan and ask them some questions, most customers would inform me that the dealer was holding onto the contract for them until their financing application was completed. None of them saw anything odd about this. It wasn't uncommon to see $500.00 tag & title/documentation fees, $300.00 freight charges to move the vehicle to the front of the lot, or $900.00 mark ups on the GPS units we sold the dealers at cost and were required by our contract. The worst were the first time motorcycle riders. I'd never ride one myself and I don't care for them, but I did learn that if you want to ride one you get one in the 250cc range, maybe 600cc if you're feeling adventurous. We had rich idiot teenagers with no credit who didn't see their 400 per month insurance premium (only for property damage, mind you) as a giant clue from their insurance agency that their 1000cc bike might get them killed. We had one guy call in crying because, despite the advice of all of his rider friends, he let the salesman talk him into switching from a 550cc beginner crotch rocket to a 1750cc monster for his first bike. He was literally laughed out of his training class when the instructor told him he would not survive the training course. As far as I know the bike is still in his garage and he's still paying insurance premiums and jacked up financing fees for a vehicle he's too afraid to ride. E: Grammar cumshitter fucked around with this message at 02:01 on Dec 19, 2013 |
|
#
?
Dec 19, 2013 01:52
|
|
|
RommelMcDonald posted:We had one guy call in crying because, despite the advice of all of his rider friends, he let the salesman talk him into switching from a 550cc beginner crotch rocket to a 1750cc monster for his first bike. He was literally laughed out of his training class when the instructor told him he would not survive the training course. As far as I know the bike is still in his garage and he's still paying insurance premiums and jacked up financing fees for a vehicle he's too afraid to ride. Which is odd, because when I did rider ed, the course provided low powered dirt bikes for everyone to train on. Having someone bring their own motorcycle to a class to teach them how to ride a motorcycle seems like backwards thinking.
|
|
#
?
Dec 19, 2013 02:07
|
|
|
Volmarias posted:Which is odd, because when I did rider ed, the course provided low powered dirt bikes for everyone to train on. Having someone bring their own motorcycle to a class to teach them how to ride a motorcycle seems like backwards thinking. I was thinking the same thing. It scared the poo poo out of me that people who had never shot a gun before were in my CHL class, and all they had was the instructor telling them once how the basic mechanics of loading and firing worked before we were actually using them during the shooting test. How had they not gotten a friend or paid a trainer before to show them the basic operation of an extremely deadly item that was completely foreign to them??!? Granted, the instructor had crazily draconian rules on how we handled the guns, magazines, and ammunition during and between firing sections to try and minimize any mishandling or accidents, but I was half expecting some dumbass to turn around, weapon in hand and sweeping the entire firing line, if they had a question or malfunction with the gun.
|
|
#
?
Dec 19, 2013 02:24
|
|
|
Volmarias posted:Which is odd, because when I did rider ed, the course provided low powered dirt bikes for everyone to train on. Having someone bring their own motorcycle to a class to teach them how to ride a motorcycle seems like backwards thinking. Thats how mine was. There's a second, advanced course you can take that you use your own bike, at least at the place I went to. One of the lessons requires you to dump your bike on purpose though so gently caress that. 100 HOGS AGREE fucked around with this message at 02:51 on Dec 19, 2013 |
|
#
?
Dec 19, 2013 02:48
|
|
|
Most of our customers had no training at the time that they bought it, according to our in-house insurance guy. I assumed it was normal to have the bike first and then get the training.
|
|
#
?
Dec 19, 2013 02:59
|
|
|
Volmarias posted:Which is odd, because when I did rider ed, the course provided low powered dirt bikes for everyone to train on. Having someone bring their own motorcycle to a class to teach them how to ride a motorcycle seems like backwards thinking. The class offered by the Army MWR office has you bring your own bike.
|
|
#
?
Dec 19, 2013 14:01
|
|
|
tiananman posted:Right after they get pregnant too. A high-end sports bike after you get pregnant. It's like his wife wants to be a single mom. I sold my GTO and motorcycles when my wife got pregnant last year... apparently I should have gotten another bike.
|
|
#
?
Dec 19, 2013 17:33
|
|
|
I think everybody knows someone like this guy: http://seattle.craigslist.org/see/cto/4252147274.html TRD Supercharged Toyota Tacoma 2013 Access Cab 4x4 Automatic - $40000 posted:odometer: 1300
|
|
#
?
Dec 20, 2013 13:47
|
|
|
MrKatharsis posted:I think everybody knows someone like this guy: TRD Supercharged Toyota Tacoma 2013 Access Cab 4x4 Automatic - $40000 posted: posted:Email for more questions. Thanks! Yes, I have a question: can you detail the thought process that went into this?
|
|
#
?
Dec 20, 2013 14:49
|
|
|
HelloIAmYourHeart posted:Yes, I have a question: can you detail the thought process that went into this? Happens all the time in the auto enthusiast circles. Probably a single guy in his mid to late 20s with a really high paying job. Then life changes and the toys have to go. Could have lost his job or is being moved overseas or is getting married or has a kid on the way. It's a hell of a nice truck and worth the 40K.
|
|
#
?
Dec 20, 2013 15:22
|
|
|
But will it have been worth the $8/mile ownership cost?
|
|
#
?
Dec 20, 2013 16:59
|
|
|
MrKatharsis posted:But will it have been worth the $8/mile ownership cost? I don't think that someone selling something with this much effort put into it exactly planned on owning it for like 3 months.
|
|
#
?
Dec 20, 2013 17:10
|
|
|
Volmarias posted:I don't think that someone selling something with this much effort put into it exactly planned on owning it for like 3 months. Nope, that truck was someones baby and they put a lot of time and money into it, but life happens and sometimes the toys have to go.
|
|
#
?
Dec 20, 2013 17:28
|
|
|
My aunt is one of my favorite people, and this is more of a sad tale than an example of what not to do. She's worked as a state employee for over 30 years, never advancing to become a manager because she enjoyed her job and found a lot of personal satisfaction in doing it well. She has saved an okayish amount, and she does own a condo outright, but it's falling apart around her and the condo dues are atrocious (I believe $300/mo, and this is in a very cheap part of the country). About a year ago, she announced she was retiring, but then ran the numbers and realized she couldn't. In my mind, the problem mostly stems from the 4 cars she's bought in the past 6 or so years, her shopping habits, and the condo. Her story is not nearly as bad as many others, but it bums me out a lot because she doesn't have additional income from a husband or partner, and her condo is bad enough that I can't imagine her being able to stay there long term. She's been trying to convince my parents to let her move in with them... and... yeah. There's a lot of E/N stuff to go along with the financial difficulties, but, it's not a great situation. At one point, I posted somewhere on SA asking for ideas that could get her out of the condo. None of the ideas were acceptable to her, and I didn't really want to push the issue any harder, so it's been stalled out.
|
|
#
?
Dec 21, 2013 02:57
|
|
|
One thing I've noticed when looking at various motorcycles over the years is that a lot of the more expensive second hand bikes often have very low mileage. It's like people buy these top-end bikes which are costly to insure and maintain, yet hardly ever ride them. What's the point of that? Status symbols to sit in your driveway and look pretty?
|
|
#
?
Dec 21, 2013 03:48
|
|
|
Partly that and mostly that they buy them on impulse and either can't afford the insurance/upkeep and/or are terrified to ride them.
|
|
#
?
Dec 21, 2013 03:54
|
|
|
Say Nothing posted:One thing I've noticed when looking at various motorcycles over the years is that a lot of the more expensive second hand bikes often have very low mileage. It's like people buy these top-end bikes which are costly to insure and maintain, yet hardly ever ride them. What's the point of that?
|
|
#
?
Dec 21, 2013 03:58
|
|
|
Some people only ride their motorcycles when it's above 90 degrees and there's not a chance of a drop of rain. Seems boring to me, since I ride anytime down to about 20 deg F if there's no ice or snow on the roads. I guess some of them just like having a motorcycle, it's part of their personal brand—especially big chromed up Harley Davidsons. Others are scared to ride. Or, to them, a motorcycle is just a toy they ride 100 miles a year. To me, it's a great way to commute. Can't say it really costs less than a car (aside from fuel and insurance costs, I have a nerd bike with low insurance.) Sadly, since I've started working from home I've only ridden my current bike I traded for in May about 6000 miles (oh, motorcycles hold their value incredibly well too.) I feel claustrophobic in cars after riding for several years, I can get places faster and it's a fun to go explore dirt roads in the country.
|
|
#
?
Dec 21, 2013 04:14
|
|
|
http://www.reddit.com/r/personalfinance/comments/1tdae1/considering_chapter_7_could_use_advice_on/quote:: I'm 26, have $25k in credit card debt, own my car outright (though it's a bit of a beater w/ +150k miles on it--Kelly Blue Book value of $6500) and have a credit score of 692. 
|
|
#
?
Dec 21, 2013 17:25
|
|
|
Saros posted:http://www.reddit.com/r/personalfinance/comments/1tdae1/considering_chapter_7_could_use_advice_on/ What the gently caress does "in my current name" mean?
|
|
#
?
Dec 21, 2013 17:36
|
|
|
tuyop posted:What the gently caress does "in my current name" mean? quote:ANYWAY, my degree is in my previous name and because my family are major donors to the school, it's a bad move to transfer it into my current name. That really limits my ability to find a job that could reasonably pay off my debt. Also, did I mention my field of interest is sustainable agriculture? Even in the best of situations, that doesn't exactly bring in investment-banking-type money.
|
|
#
?
Dec 21, 2013 17:38
|
|
|
Why is that a problem in anyway? What job requires you to show your actual degree? It's a line on your résumé. You usually list any prior names for a background check anyway. Does he think every girl who goes to college, gets married and changes their name is just hosed?
|
|
#
?
Dec 21, 2013 17:47
|
|
|
Is there even a process for "transferring" a degree to a new name?
|
|
#
?
Dec 21, 2013 17:57
|
|
|
Propaniac posted:Is there even a process for "transferring" a degree to a new name? That guy has some Jason Bourne poo poo going on in his life that I want no part of. 
tuyop fucked around with this message at 18:07 on Dec 21, 2013 |
|
#
?
Dec 21, 2013 17:59
|
|
|
tuyop posted:That guys has some Jason Bourne poo poo going on in his life that I want no part of. He should've chosen a new name with no debt.
|
|
#
?
Dec 21, 2013 18:02
|
|
|
See I can't get a job without changing my degree to my new name because ??? Also I can't change my degree to my new name because my family are donors and thus ???
|
|
#
?
Dec 21, 2013 18:19
|
|
|
|
| # ? May 5, 2024 21:37 |
|
|
The only way it sort of makes sense is if the old name is something extremely blackballed in the industry & the options are "Have the necessary degree, but admit I'm related to the people these guys hate & they won't hire me" and "Don't immediately get blackballed, but without the degree have no shot of getting hired". For content, my wife spent the mortgage money on Christmas presents last night & now we have ~$600 in bills left to pay this month and under $500 to do it.
|
|
#
?
Dec 21, 2013 18:28
|
|
