Quote :

"^^^WTF did you just say?. Its better to pay interest than to earn interest? I feel sorry for your family."

As a matter of fact, that's exactly not what I said.

[Edited on May 6, 2011 at 3:56 PM. Reason : .]

5/6/2011 3:56:32 PM

Please explain then.

5/6/2011 3:58:15 PM

If
your debt carries a 10% interest rate
and
your investment only makes 5% interest per month,

then you're net losing money by keeping your money in your investment.

5/6/2011 4:02:44 PM

Quote :

"that's because so many dumbasses attend school that shouldn't. when you spend $80k or whatever to get a useless CHASS/Management/Business degree because you have no real plans after college, then you're just wasting time and money and your education is worth jack compared to how much you spent on it. and if you didn't see that as a bad investment, you really shouldn't have gone to college."

"I'M AN ENGINEER, MY DECISIONS ARE THE BESTEST. "

5/6/2011 4:06:42 PM

I agree with that. I thought you were saying its better to go into debt than to invest because of the difference in interest rates. My bad.

5/6/2011 4:16:46 PM

Quote :

"I live on ramen, hot dogs, spagetti, mac and cheese."

Sorry to hear that. I would be depressed as fuck if I had to live like that.

Never had any debt, never plan to. Just got a credit card for the first time last year, and I use it as a debit card only.

Good luck to OP.

5/7/2011 12:08:52 AM

Where is dave ramsey?

5/7/2011 1:29:58 AM

27,825.00
26,500.00

6/1/2011 3:58:21 PM

Quote :

"whose laughing now"

Those of us that understand grammar.

6/1/2011 4:20:01 PM

I had to go back and make sure I didn't type that. I make spelling/grammar/homophony mistakes that I don't catch all the time.

6/1/2011 4:23:49 PM

I was born debt free. I chose to get debt because it is awesome


fuck this thread

I'm AstralAdvent and i approved this message.

6/1/2011 4:26:10 PM

I paid off my American Express today and $200 on my school loan. So now I owe
$2,287.77 for school loan
$985 hospital bill
=$3272.77

6/1/2011 4:49:48 PM

27,825.00
26,500.00
25,175.00

7/1/2011 3:04:01 PM

27,825.00
26,500.00
25,175.00
23,850.00

7/3/2011 12:13:44 AM

Nice to see someone's business is doing well.

7/3/2011 12:16:36 AM

Well actually.... That last payment was me talking him down $1325.00. That counts as a payment right?

7/3/2011 12:37:54 AM

I owe:

more than most people's houses (fucking law school)




I'll pay it off eventually, or they'll take it from my estate when I'm dead.


Scholarships, kids. And if you don't get one, don't pursue expensive private education.

7/3/2011 12:53:12 AM

I'm pretty sure what LeonIsPro is saying is:

7/3/2011 12:53:41 AM

^^ Are you a baller lawyer at least?

7/3/2011 12:54:51 AM

Not quite.

7/3/2011 12:56:23 AM

Do you have Tucker Max-esque stories of law school at least?

7/3/2011 12:57:28 AM

Hahahahahaha


I lived it up a little. Nothing close to Tucker Max levels though.

7/3/2011 12:58:52 AM

Do you know what a tort is at least?

7/3/2011 1:01:20 AM

it seems like there is a pretty strong correlation between being vehemently opposed to debt and being an ultra-Christian weirdo

7/3/2011 8:35:16 AM

Quote :

"whose laughing now"

Quote :

"Those of us that understand grammar."

Shouldn't it be "who" instead of "that"


[Edited on July 3, 2011 at 9:21 AM. Reason : d]

7/3/2011 9:20:27 AM

I've gone down from $13,500 to $6,000 in the four months I've had a full-time job. By my birthday in September I'll be completely, 100% debt free (including car payments). I mean I'll still hold between a 10-20% balance on my cards but I'll pay them off month end.

Of course, I'll be grabbing a mortgage in 13 months likely, but that is different.

[Edited on July 3, 2011 at 9:32 AM. Reason : x]

7/3/2011 9:32:19 AM

Quote :

"I'M AN ENGINEER, MY DECISIONS ARE THE BESTEST."

In that example, he's right.


Coming out of college with a mountain of debt that takes forever to pay off really puts the brakes on fun shit you can do.

7/3/2011 9:36:22 AM

cars: done next friday
student loans: 9 months to go
house: (at currently planned rate) ~ 13 years.

Chance of ending up living in a tree because i dont have health insurance: 0%

And education is 5000% worth it if you actually have a reasonable goal in mind that results in marketable job skills.

7/3/2011 11:49:39 AM

25,000-college loan
6k- private loan for summer study abroad.
unemployed, zero prospects, loans in deferment

7/3/2011 12:19:32 PM

debts for me:

car - $6800
school loans - $Godknows just looked it up... $35,700 O_o
sister - $2000 (she'll get paid with as much haste as she showed me when she owed me $7000

but i dont have anything other debts w/ credit cards or anything

7/3/2011 12:25:21 PM

College loan $1000.00
Hospital Bill $932.00

Total $1932.00

couple more months and I will be debt free.

7/3/2011 12:30:10 PM

I graduated in May with ~16k in student loans but it's all taken care of

ClassicMixup has never declared bankruptcy. When ClassicMixup gets in trouble, he transfers his debt to William Charles Scheider.

7/3/2011 12:36:39 PM

27,825.00
26,500.00
25,175.00
23,850.00
0



Happy Independence Day to me!!!

7/4/2011 3:37:02 PM

25 years left on my mortgage (converting my house to a rental property in less than a month)

If I make no extra payments I will be 52 when it pays off...that seems like forever.

7/4/2011 4:37:04 PM

Yo GeniuSxBoY lemme getta dolla

7/4/2011 6:25:19 PM

so'd you declare bankruptcy or hit the lottery or something geniusboy?

7/4/2011 6:30:02 PM

^Nah, I made all the money by brute force hardwork.

It took me:

From and including: Tuesday, January 2, 2007
To and including: Monday, July 4, 2011

It is 1645 days from the start date to the end date, end date included

Or 4 years, 6 months, 3 days including the end date
Alternative time units
1645 days can be converted to one of these units:

142,128,000 seconds
2,368,800 minutes
39,480 hours
235 weeks


I took some epic mafia pictures of the final payment, wanna see them?

7/4/2011 8:43:51 PM

Kinda, lol.

7/4/2011 8:45:26 PM

someone just "hacked" their loan

7/4/2011 9:02:09 PM

yeah, doesnt add up, either his parents or his grandparents gifted the last payment, his business is struggling so it was not off of profits from it...he paid way to much for that shitty business to begin with.

7/4/2011 9:53:44 PM

7/4/2011 10:11:16 PM

Quote :

"Shouldn't it be "who" instead of "that""

Yes, I debated it and somehow landed on that.


I reread the thread and immediately knew I should have said who.


Oh well, just a little bit of irony for your reading enjoyment.

7/4/2011 11:15:40 PM

Quote :

"yeah, doesnt add up, either his parents or his grandparents gifted the last payment, his business is struggling so it was not off of profits from it...he paid way to much for that shitty business to begin with."

I invested all my money in bitcoins, sold them all, and am clear of debt.

7/5/2011 12:44:55 AM

This is what freedom looks like.




10 days later, it still hasn't sunk in.

7/14/2011 11:52:51 PM