Financial responsbility

[backbreaker]

earlier today I had to listen to a guy basically crying because he had to pay $500 to get his car fixed, and could not afford it becuase he is living paycheck to paycheck and that's about how much he gets paid every 2 weeks after taxes.

yet has money to drive to del mar and gamble (and lose lol) and drink while he's there.

Alot of people live well beyond their means. I have no sympathy for the guy whatsoever.

While I'm a huge fan of horse racing, I would never tell someone to wager money they can't afford to lose.t his guy could not afford to drive there and back (about a 2 hour ride) let alone gamble.

You have to live with the decisions you make, relationship wise, financially. Every one here should have some type of emergency account. it is unacceptable to not have 500-1000-1500 dollars somewhere, anywhere.

My mom will cry about how broke she is all the time, but there is a difference between being broke and not having any money. If my mom's car broke down tomorrow i assure you, she would not have a problem buying another one. She would not have to call anyone to ask for rides or bum money off anyone. she will just crack open the piggy bank so to speak and either get it fixed or put a DP on a new one.


My father is the exact opposite. He's the type that wants you to see how much money he has (becuase they are both my parents, i know how much they each make , my mom makes about twice what my dad does, yet lives on much less). To put it in perspective my dad has paid off his house and is always still broke. has 2 cars.. just for him lol. A jeep cherokee and a 09 tahoe. that doesn't include's his wife's camary (She makes more than he does too, she's a RN). goes out to eat damn near everyday, i can count the time on one hand i have ever seen my dad cook anything in my life. if you go over his house, you might as well stop and get something to eat on the way, dont' have real food in the house they have snack ****. no meat and **** like that. they have a computer in every room in their house, two living rooms fully furnished, travels at least once a month (he flys free so it's just hotels and living expenses) etc, and while he makes decent money, I know for a fact he has no type of nest egg. he's too busy keeping up appearances.


Guy car that broke down is an 06. now, why you have a car payment on a car and you only clear about 1200 a month is another question not for this thread, but okay, say you put 10% back of everything you make, this would not be a problem in the least bit.

Get your financial house in order. learn how to save money, learn how to live within your means. living within your means doesn't mean being broke or living like you are broke it simply means don't' buy **** you can't afford. the second you have to start looking at spending savings for something you don't' need it.

This deals with DJism as well. No woman worth a damn, is going to want a broke mother****er who can't balance a checkbook, who doesn't' have some type of nest egg or is living paycheck to paycheck regardless of how much money he makes.

 

[L B]

Everyone has money no matter how poor. It's just where they spend it that makes or break them. Unfortunately this world is full of people like that guy you described. I have friends and family like that as well. They don't have their priority straight. Always whining about not having money, but in their pocket, they have the latest phone or tickets to some kind of event. They are only one financial disaster from going bankrupt.

And yes, being financially stable does appeal to women and boost confidence.

Also, I rather be the guy who looks poor but have plenty of money in the bank than the guy who looks like he has a lot of money, but ain't got jack sh!t to back it up.

 

[Kailex]

I kid you not, I worked through some financial statements of a married couple and they were complaining about how they didn't have enough money between the two of them to go around. The man made more money from work but for MONTHS they would get close to 0.

Now normally when I'm asked for financial advice and where to cut costs and how to better maintain their money, the first thing I look for are mortgage payments or ANY payments associated with a monthly interest rate.

Everything seemed fine with their car/house/credit card payments until I found the white elephant.

This couple was spending about $1,200 dollars a month at a SUPERMARKET.
Sometimes it's not just the usual things, but things such as food that can do you in.

They couldn't grasp the fact that they could probably buy enough food for about $750.00 less a month for TWO people. I asked if by any chance whether they had a receipt or not and I gotta tell you, they had a LOT of stuff that they admitted that they bought just because it looked good and actually NEVER consumed.

It's amazing sometimes to see where people can just throw money away for the sake of it. If they cut down their food splurging, they could have easily saved over $8,000 a YEAR.

My advice to aspiring DJ's and people in general, keep close tabs of WHAT you spend your money on. Sometimes buying a coffee every morning at Starbucks can actually cost you about 700 to $1,000 dollars a year. All those $3 purchases can add up quickly. Same goes with other crap people don't need.

And if you are diligent about your finances, then you are better off to judge prospective plates (male or female) based on their spending habits. It REALLY helps to be financially responsible.

 

[Trader]

It is a masculine trait to earn and acquire wealth

It is also a masculine trait to save and preserve wealth.


Girls are the ones who

1) Have no self-control thus they splurge on ridiculous designer goods

2) Are oblivious to financial management

Be a man

 

[Powerlifter]

Definitely a good thing to learn.

Powerlifter

 

[Powerlifter]

Double post