Started By
Message
re: OT: Corona Panic 2020
Posted on 4/6/20 at 3:01 pm to FinleyStreet
Posted on 4/6/20 at 3:01 pm to FinleyStreet
2000 bisches... 
They trying to get my old arse but it ain't gonna happen. Be safe and get to work...
They trying to get my old arse but it ain't gonna happen. Be safe and get to work...
This post was edited on 4/6/20 at 3:04 pm
0
Posted on 4/6/20 at 3:10 pm to Crowknowsbest
quote:
They can and do have budgets. Their budgets just have different weights on certain line items.
Housing is housing
Car, insurance, gas, maintenance is transportation.
Groceries/dining out is food
I dont see the difference between a single person an individual who is married.
If your point is that priorities are different... that's exactly the point of dave Ramsey. Anyone can do it if they prioritize being fiscally healthy.
Agree to disagree I guess.
Posted on 4/6/20 at 3:21 pm to deeprig9
quote:
One of those line items should be an automatic transfer to a Roth IRA on every payday.
For the record, I have both a Roth IRA and a 401k.
I just think people are being unrealistic about the safety nets available to many Americans. It’s easier for a 50 year old to say than it is for a 25 year old to execute.
Posted on 4/6/20 at 3:26 pm to meansonny
quote:
Housing is housing
If I’m single, I’m paying a premium to live in a fun and active area. If I’m married, I’m not.
quote:
Groceries/dining out is food
Dining out is a lot more expensive, and cooking for one is not as economical as cooking for two. Then you have costs related to going out and dating, which are high. You could make valid points that people should spend way less on this, but that’s easier said than done.
quote:
Anyone can do it if they prioritize being fiscally healthy.
Sure, but that isn’t the only priority for anyone, nor should it be.
Posted on 4/6/20 at 3:27 pm to Crowknowsbest
quote:
It’s easier for a 50 year old to say than it is for a 25 year old to execute
That's a straw man.
No one is saying that a 50 year old with more job experience and probably better pay is the same as a 25 year old.
The point is that any 25 year old can prioritize financial health.
And as life said, the earlier one starts, the better.
Step 1 is the 6 month emergency fund. That is why you get push back. It is literally the first step in a process.
Posted on 4/6/20 at 3:30 pm to Crowknowsbest
quote:
Sure, but that isn’t the only priority for anyone, nor should it be
I laughed at your post.
Not at you in particular.
But the notion that 1 persons food does not cost more if he/she eats it with someone else.
Or that there is a reasonable premium for "fun, active area".
As I said, I strongly disagree that a young person should not be financially healthy. That's the type if shite that turns everyone socialist (disdain for their financial position at 20, 25, 30, etc.. for not acting like a reasonable adult)
This post was edited on 4/6/20 at 3:43 pm
Posted on 4/6/20 at 4:02 pm to meansonny
quote:
But the notion that 1 persons food does not cost more if he/she eats it with someone else.
Go to the grocery store and look at how food is packaged. There is a per unit cost difference between buying in bulk vs. buying smaller amounts. Single people aren't buying in bulk, nor should they.
quote:
Or that there is a reasonable premium for "fun, active area".
There is, unless you're arguing that social considerations should not be a priority.
quote:
As I said, I strongly disagree that a young person should not be financially healthy.
I'm not arguing that. I'm arguing that "financial health" is more difficult for some people than others. Very few people in their twenties are "financially healthy" by the standards of people in their fifties.
quote:
That's the type if shite that turns everyone socialist (disdain for their financial position at 20, 25, 30, etc.. for not acting like a reasonable adult)
That, or it drives them to make more money.
Posted on 4/6/20 at 4:07 pm to Crowknowsbest
quote:
I just think people are being unrealistic about the safety nets available to many Americans. It’s easier for a 50 year old to say than it is for a 25 year old to execute.
Not sure I agree with you, there. My son is very young and still got himself a safety net. Look at it like Insurance. It's not needed until it is. but if you need it, you sure are glad you have it.
It's one of the most important things you can do financially. Hey...it's okay. I think it is a HUGE mistake not to get that safety net, but if you don't that's okay. You have to live your life. It could be the difference in being independent and moving back in with the parents, though, and who wants to ask a girl out and tell her you live with your parents? Or have hospital bills that put you deep in debt. Or you get a car repair bill that you have to pay with a credit card paying 10-15% interest.
Like I said, though, you are an adult and you have to make those decisions for yourself. You will reap the rewards or the problems of your decisions. And who knows? You might not ever need that safety net. I hope not. (That was not meant to be condescending....)
Posted on 4/6/20 at 4:10 pm to Crowknowsbest
quote:
Single people aren't buying in bulk, nor should they.
Couples dont cook in bulk. They cook for 2.
A single person should cook for 1.
This concept shouldn't be very hard.
Does bulk save money? A lot of times it does. But there isnt some magic switch when cooking for 1 versus 2 that makes bulk worthwhile. Cooking for 2 does not equal cooking bulk.
quote:
There is, unless you're arguing that social considerations should not be a priority.
Growing up, I drove to buckhead or dekalb county if I wanted to drink out till 4am. I drove to Suwanee if I wanted to buy beer after midnight. The invention of cars is not a novelty. You presume too little of the ingenuity and ability of the human spirit to get loaded.
quote:
Very few people in their twenties are "financially healthy" by the standards of people in their fifties.
Straw man. No reason to bring this up.
quote:
quote:
That's the type if shite that turns everyone socialist (disdain for their financial position at 20, 25, 30, etc.. for not acting like a reasonable adult)
That, or it drives them to make more money.
Hey. That's part of the dave Ramsey plan. You're catching on.
Posted on 4/6/20 at 4:11 pm to Crowknowsbest
quote:
Dining out is a lot more expensive, and cooking for one is not as economical as cooking for two.
I can assure you...when you get married your budget for food will definitely go up.
quote:
Then you have costs related to going out and dating, which are high.
You got that right. I remember in high school, I took a girl out to a fairly nice restaurant and we got steaks, and I think the bill came to $20 or so. The cost of dating today would be terrifying these days!
ETA
With social distancing right now you should be saving a ton of money! Silver lining!
This post was edited on 4/6/20 at 4:13 pm
Posted on 4/6/20 at 4:12 pm to DawgsLife
I'm not really talking about my particular financial position. I'm just addressing the reality of the situation. These theoretical safety nets do not exist for a lot of people.
Posted on 4/6/20 at 4:16 pm to meansonny
quote:
Does bulk save money? A lot of times it does. But there isnt some magic switch when cooking for 1 versus 2 that makes bulk worthwhile. Cooking for 2 does not equal cooking bulk.
I shouldn't have said bulk, but buying for two is more economical than buying for one. It's like a miniature model of economies of scale. There is also the convenience factor of splitting cooking duties, which is admittedly a cost that can get trimmed.
quote:
Growing up, I drove to buckhead or dekalb county if I wanted to drink out till 4am. I drove to Suwanee if I wanted to buy beer after midnight. The invention of cars is not a novelty. You presume too little of the ingenuity and ability of the human spirit to get loaded.
I try to avoid driving anywhere if I'm going to get loaded, and that uber is not free.
Posted on 4/6/20 at 4:18 pm to Crowknowsbest
quote:
These theoretical safety nets do not exist for a lot of people.
There will always be people who cannot do it. But those who possibly can....should. That said....with you having two accounts for yourself, it would seem you are planning for the future, and that's good.
Posted on 4/6/20 at 4:18 pm to DawgsLife
quote:
With social distancing right now you should be saving a ton of money! Silver lining!
This is an upside.
Posted on 4/6/20 at 4:46 pm to Crowknowsbest
We need JD in this thread. I have a plan to draw him out.
Posted on 4/6/20 at 4:53 pm to deeprig9
I see what you did there
Posted on 4/6/20 at 5:27 pm to Crowknowsbest
quote:
It's like a miniature model of economies of scale
Agree to disagree.
The only think more expensive is if you cook more food and waste it.
quote:
There is also the convenience factor of splitting cooking duties, which is admittedly a cost that can get trimmed.
Cost of time? Ummm. Ok.
quote:
try to avoid driving anywhere if I'm going to get loaded, and that uber is not free.
You admittedly justify higher rent (higher forced monthly expenditure) versus the occasional designated driver/sleepover/uber that you can control each week/month?
I think you forgot what the point of the discussion was. Life is manageable. Adults have to learn how to adult eventually. Live with a healthy financial lifestyle. It can be done at any age.
Posted on 4/6/20 at 6:10 pm to meansonny
nvm
This post was edited on 4/6/20 at 8:23 pm
Posted on 4/6/20 at 7:45 pm to Crowknowsbest
Patrician detected.
Posted on 4/6/20 at 8:16 pm to Crowknowsbest
quote:
It’s easier for a 50 year old to say than it is for a 25 year old to execute.
It’s never easy but something you have to do to CYA. Trust me, you will cash flow more when you’re 50 but your overhead will be a lot more too. Married with two kids I now spend more on groceries that I brought home my first job.
Buckle your arse down until you at least have 3 mths costs and then build from there. Trust me...you’ll sleep better knowing you’re not a paycheck away from being bankrupt.
Page 101 of 174
Latest Georgia News
Popular
Back to top
Follow SECRant for SEC Football News