"-$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?"
"$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…"
"I hear ya there, I just had a engine head repaired a couple months back and it cost a nice sum. But I think 1000 for emergency is good at a young age, plus heck I know plenty of 18 year olds that can buy a car for $1000 bucks if need be to get them…"
The definition of universe of course is open to your interpretation; could be your god, the physical universe, or maybe just your immediate environment/sphere of influence. I'm 27 and nearly 2 years into my career. I'm not happy. In fact I think I'm starting to loose my mind. A windlowless basement, unreliable car, no friends, no relatives around, and no woman isn't helping. I'm in no less financial debt than I was before I took this job. I'm no healthier. I've been called dumb too many times…See More
Any opinions on whether a man should just not give a seconds thought about todays politics?In my opinion, politics are for the privileged, educated people. My mother and father don't have the luxury of politics. And neither do I. When I wake up and come home from work I'm trying to make myself better. That last thing on my mind is poll numbers.Instead of people taking hard-lines on politics can't they just step back and work hard and be good honest people with integrity?An example would be my…See More
"Iron sharpens iron." A place for men to impact each other by debate and exchange of ideas. This is a group where no ideas are off limits. If your motto is, "I never talk about politics or religion," this group is probably not for you. A "gym" for thinkers.See More
"Yeah. I think I'm starting to feel this ora the universe is giving off. I'm at this point in my where I'm going a little crazy. I have a big decision to make and a lot of preparation. I think the universe is telling me to forget about…"