"-$20,000. When you turn 18 you have to go into high debt that is unavoidable to get a watered down diploma.
On a more serious note on the high end save 20% of your paycheck and low end save 10%. Make sure to shop around banks to find which has the…"
"Im 28, own my house, both trucks, and motorcycle, all free and clear... I have no debt to speak of aside from a student loan, and I do whatever I want when im no working without much worry of the cost.
That doesnt change the fact that until I was…"
"That's awesome. I wish I would have done that, you have more money right now than I do. Granted, I have 2 kids and a family to pay for on one income, but either way, that's an awesome head start you'll have!"
"I always had none, because until about 2 years ago(I'm 29 now) I was TERRIBLE with money, now I'm struggling to catch up, though i Have some in the bank now and minimal debt. So since we're not that separated, TRUST ME, START NOW!!!…"
"Rebekah's comment got me thinking.
What is the point of the money in the bank. Is it a resource to be applied for college or spending money for having fun?
What are the goals of the 18 year old long and short term?"
"A couple million dollars. What, you don't have a couple million dollars in your account and your 18? Damn, you're a slacker, get off your lazy butt and make some money!
OK, jokes aside. Are you going to college (in…"
"$112,000 liquid, plus another $125,000 in near-liquid securities. That's $112,000 for the first two years of college; $112,000 for the next two; $13,000 for the first few months after college while he looks for a job.
In reality, when I help my…"
"If you're asking the question at age 18, you either have very little, if any cash in the bank or are already sitting on a nice pile of cash.
I'd say if it's the former, I'd think accumulating least $500 to $1,000 in the bank as…"
"Hmmm. You're right. Of course totally wiping out your several thousand dollars worth of carbon-fiber or steel fixie wonder bike pretty much guarantees "replace" will win the repair or replace debate."
"Guess it depends on where you live. Even at 18, I wouldn't want to be caught without a car in Texas. I commuted 30 mi. to college, though. If the car goes down around here, you need enough liquidity to get it back up and…"
"Eh. If you're car isn't a POS, you probably don't need to debate replacing it over a grand or two. Then again, we tend to drive cars 'til the wheels fall off. Repairs, even expensive repairs or fairly regular…"
"I don't recall exactly how much I had, probably at least a couple thousand from various jobs (mostly fast food). However, I chewed through that fairly quickly in college due to living expenses and tuition that my scholarships didn't…"
"Yes I think so. Looking back I haven't made as much progress as I should have...but I am physically stronger, more agile, have more money, a better job, and I believe I am smarter and more knowledgeable than I was 2.5 years ago. Also I…"
"Hmm...really excellent insights there. I guess in your view I am trying to be more like Eve then...materialistic, ambitious, self-gratifying, yes, more like the "rich fool". But since I am only a man I cannot help but feel the way I do..."
As a man I want to do the best to protect my family in the event of a disaster. This group is for the men who wants to be prepared for all hazards to insure his family can make it through the storm. This forum is to discuss anything, from the four phases of Emergency Management-Mitigation, Preparedness, Response, and Recovery, and to discuss the future of Emergency Management. If anyone works in Emergency Management, or is a first responder, or if you just want to discuss how to be better…See More
"Parasaitu shinguru" -- parasite singles. Adult children living at home.
"Sodai gomi." It means bulky rubbish, things like old sofas and stuff that you can't recycle, you can only take to the dump.…"