"-$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…"
"Ask him why it is that he doesnt want to work before christmas. Maybe he does have legitimate reasons. Got people among my year that decided to write the bachelors thesis half a year later just to have a free summer and time to watch the world cup,…"
"What pisses me off about MLM is that is all the damage it does to friendships as a casualty of greed. As a former personal trainer, I saw this in the gym all the time with people selling vitamins and other shit ... even coaches trying to get…"
""just trying to help others .."
That is the tagline to every MLM B.S. claptrap in the world. If you want to advertise your little cheeseball pyramid scam, contact the site owner and ask him about doing so. Like a man. This…"
"Dump him, and make sure he understands why.
Long and short: He is trying to resist growing up. You're dating a manchild.
Dump him, dump him, dump him. Now. And tell him it's because he has no life goals, no…"
"My absolute favorite way to walk around the house is completely naked. Not always practical since I love to keep all the windows open when it's nice out for the cool breeze. Theres something sensual about being around the house naked, like…"
"I agree with the T-shirt guys. I sweat like crazy all the time. I'm never not hot!! I get a lot of sweat down the swell of my back and between my pecs, which just sits in the hair . I can't imagine ever going t shirt less, which is why I…"