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Financial Planners are all scam artists - the key to personal finance is simple
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Date: May 5th, 2024 9:23 PM Author: slap-happy striped hyena Step one: Don't ever borrow money or spend more than you make. Step two: Never stop working and earning money. If you follow step one and step two you will be fine forever. End of story. |
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Date: May 5th, 2024 9:24 PM Author: Avocado Flirting Rigpig stfu you mopey fat orc (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47638541) |
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Date: May 5th, 2024 9:30 PM Author: slap-happy striped hyena It is this simple. The things that complicate someone's financial life are all too predictable: 1. I want a car I can't afford; 2. I want a house I can't afford; 3. I want a lifestyle I can't afford; 4. I want to retire; etc. Just stop. The worst idea is the one of retirement. The concept that as society we should have people driving around doing nothing and just consuming is pure poison. Many have bought into it though. "I want to retire one day" they murmur. Well let me tell you what. If you want to retire one day and travel and just spend money then fine. Go do it today. Because you can. What's stopping you? Maybe you'll get tired of it or run out of money and go back to work. But if you wait until you're old to start doing that you're going to find out that it fucking sucks and you wasted all your years planning on a retirement that never comes.
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Date: May 5th, 2024 11:59 PM Author: Honey-headed appetizing black woman Cr. Stop craving a lifestyle you can’t afford. Spend your days not working and traveling like alll poor ppl do (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47638903) |
Date: May 6th, 2024 12:01 AM Author: lascivious coffee pot LMAO I'm never going to work in my life after I profit off of making monkey faces at an obese black woman. (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47638904) |
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Date: May 6th, 2024 12:02 AM Author: Mind-boggling Nibblets Associate Oh wow, I borrowed money for a law degree that turned me into a multimillionaire. Apparently I should have worked at a diner for a few years and saved up enough to pay tuition in cash. (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47638908) |
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Date: May 6th, 2024 1:53 PM Author: Curious den (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639554) |
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Date: May 6th, 2024 12:07 AM Author: amethyst federal pocket flask business firm Oh wow, the only guy who managed to lose money buying a house pre-COVID and selling it post-COVID is dealing out financial advice! (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47638914) |
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Date: May 6th, 2024 11:19 AM Author: slap-happy striped hyena The idea that you can make a lot of money on a house is a false one. Nobody accounts for the actual costs of the transaction which are hidden from the purchase and sales price. Nobody honestly accounts for the cost of maintenance and living in the home over time. Nobody accounts for inflation and how that eats away any nominal return. Nobody accounts for absurd costs like interest and insurance over time. Homes will probably lose most people money. They key would be to find the smallest, cheapest possible housing that you can and live there for a small rent. Possibly buy and hold for a very long time, but it's all about reducing the size of your footprint and never using more than you need. That's going to save you money longterm. Nobody really makes money on houses. That's just a fact. |
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Date: May 6th, 2024 11:28 AM Author: Mind-boggling Nibblets Associate So you're doubling down on losing money where everybody else made money and purporting to give advice? If you're so smart why are you so poor? (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639196) |
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Date: May 6th, 2024 1:54 PM Author: Curious den So Dave Ramsey is a poaster now? (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639556) |
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Date: May 6th, 2024 1:55 PM Author: Avocado Flirting Rigpig OP is a fat fuck prole orc from Houston, TX, who lost money in real estate and now says no one makes money in real estate. (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639563) |
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Date: May 6th, 2024 2:04 PM Author: Curious den . . .sounds like Dave to mee (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639580) |
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Date: May 6th, 2024 1:55 PM Author: khaki circlehead state step 3 - pay 0000s for literal nickels and dimes on "whatnot" (http://www.autoadmit.com/thread.php?thread_id=5525526&forum_id=2#47639565) |
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Date: May 6th, 2024 2:29 PM Author: slap-happy striped hyena I cannot endorse this step. Whatnot is full of scams and purchasing anything, whether in person, online, or off of an auctioneering app, is going to leave you empty and unfulfilled. It's better to think out and plan your purchases of additional assets, whether they are securities, tangible property, education, paying down debt, etc., and then follow through with your plan. I'll repeat: DO NOT GO ON WHATNOT |