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  #501  
Old 09-17-2021, 12:15 PM
Gatordash Gatordash is offline
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Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]
When a home becomes everything that a family owns it's kind of like saying the american dream is to work off your debt.

Ouch?
Yeah that is exactly how our economy works. It would tank if the people in this country spent within their means and didn't constantly owe money.
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  #502  
Old 09-17-2021, 12:16 PM
Whale biologist Whale biologist is offline
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Originally Posted by Gatordash [You must be logged in to view images. Log in or Register.]
Yeah that is exactly how our economy works. It would tank if the people in this country spent within their means and didn't constantly owe money.
Time to bring this sort of kitchen table economics to DC! [You must be logged in to view images. Log in or Register.]
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  #503  
Old 09-17-2021, 12:18 PM
unsunghero unsunghero is offline
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Yup I’ve been in debt since I was 18 lol. Never been able to escape credit card debt [You must be logged in to view images. Log in or Register.]
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  #504  
Old 09-17-2021, 12:25 PM
Jibartik Jibartik is offline
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Originally Posted by Gatordash [You must be logged in to view images. Log in or Register.]
Yeah that is exactly how our economy works. It would tank if the people in this country spent within their means and didn't constantly owe money.
They told us to go out and spend our emergency stipend during the pandemic or else

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  #505  
Old 09-17-2021, 12:48 PM
Gatordash Gatordash is offline
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Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]
They told us to go out and spend our emergency stipend during the pandemic or else

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lol that money was for the necessities! I'm too lazy to look it up but I remember there being a bunch of line charts showing how consumer spending lined up exactly when stimulus checks hit in April 2020, Dec 2020, and March 2021.
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  #506  
Old 09-17-2021, 01:27 PM
Tunabros Tunabros is offline
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Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]
Save 2-5 times your yearly salary, take out a loan for 10 to 15 times you’re at yearly salary.

Tell everyone it’s great!
I live in California at the moment [You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.]
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  #507  
Old 09-17-2021, 02:14 PM
Homesteaded Homesteaded is offline
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If you don’t have a mortgage at the age of 30 you’ve made significant mistakes.
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  #508  
Old 09-17-2021, 02:18 PM
Jibartik Jibartik is offline
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I live in California at the moment [You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.]
Tack on a couple zero's [You must be logged in to view images. Log in or Register.]
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  #509  
Old 09-18-2021, 02:04 AM
imperiouskitten imperiouskitten is offline
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Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]
Yup I’ve been in debt since I was 18 lol. Never been able to escape credit card debt [You must be logged in to view images. Log in or Register.]
feel it. well I have escaped basically by going on the run from creditors. RIP lol, cash life. Aint so bad but the floor is harder.

if you want to know why/how, well I started supporting a bf right out of university because I am sucker. well he did always pretend he would get a job real soon and sliding into debt supporting us was not the crisis it appeared, so maybe its not my fault completely. idk. but i was floundering within 2 yrs. also drugs. -_- so now im kinda putting off rejoining the land of the normies who can get a place to live without hijinks, because it would consume too much working capital. I better get to that lol.
Last edited by imperiouskitten; 09-18-2021 at 02:18 AM..
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  #510  
Old 09-18-2021, 02:30 AM
unsunghero unsunghero is offline
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Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]
feel it. well I have escaped basically by going on the run from creditors. RIP lol, cash life. Aint so bad but the floor is harder.

if you want to know why/how, well I started supporting a bf right out of university because I am sucker. well he did always pretend he would get a job real soon and sliding into debt supporting us was not the crisis it appeared, so maybe its not my fault completely. idk. but i was floundering within 2 yrs. also drugs. -_- so now im kinda putting off rejoining the land of the normies who can get a place to live without hijinks, because it would consume too much working capital. I better get to that lol.
Jealous that are least you are rid of it though. I have this friend/co-worker who’s dad taught him about the stock market and investing ever since he was like 14. He started on his own as soon as he was able, and I’ve almost never seen him lose money on any of his stocks. He also made thousands getting into Bitcoin before it was big. Sometimes I get a little tempted hearing him talk about investments and ask what he would recommend for me to invest in, stock wise. He always tells me that the absolute best use of my money right now is to continue paying off my credit card debt. He said no stock gain is likely to come close to what the interest is costing me there. Already figured that, but it’s boring lol. Just gotta keep plugging away at it I guess, and resist the urge to spend. 2 of the cards I don’t have a physical card for anymore and refuse to order another so that helps with the discipline in not continuing to use it

It’s a seller’s market right now with buying or renting a home, and the bubbles are cyclical so a bust will eventually come when prices go down….
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