Im tired of being broke

[davbrucas]

Mo money mo problems

I enjoy my problems...

[KBScobravert]

Actually, I totally agree with you. Look at some of these athletes and entertainers that have gone bust shortly after ending their careers.

I sure hope that is not us a year after we quit contracting.

Is it selfish to turn in a resignation for a job that has the income that we get to enjoy. Or worse come home and expect a modicum of our salaries. Good thing I have set me life up to live off just that; a modicum.

[01yz2nv]

You're not broke, you're just over extended. If you get motivated and start cutting BS you'll find that you don't need a lot of shit that you are currently convinced you have to have.

I agree with this, over extended is right.

[01yz2nv]

Can you get a part time job? Or are you one of those poor guys working 9 jobs already?

Work part time for the Collin College Fire Academy, and hang Christmas lights when that rolls around.

[GE]

A house is an investment and you can write off the interest.

Purchasing a house as an investment opportunity is a bad idea.

[quikag]

Best thing I ever did was find a standard of living I was comfortable at and as I made more and more money, I banked the difference and stayed at the same standard of living. Too many chumps trying to front balla-status and that's a sure fire way to be broke forever.

[Vertnut]

It's the person, not the money. Money is not the "root of all evil". The asshole spending it is the problem. Money can do a lot of good. I'd rather have money and problems, than no money and problems.

[Vertnut]

Best thing I ever did was find a standard of living I was comfortable at and as I made more and more money, I banked the difference and stayed at the same standard of living. Too many chumps trying to front balla-status and that's a sure fire way to be broke forever.

Bingo!

[bcoop]

Purchasing a house as an investment opportunity is a bad idea.

All those real estate investors must be idiots. It all depends on how you go about it.

[kingjason]

Best thing I ever did was find a standard of living I was comfortable at and as I made more and more money, I banked the difference and stayed at the same standard of living. Too many chumps trying to front balla-status and that's a sure fire way to be broke forever.

This is good advice. I see far to many people that everytime they get a raise they buy a new car or bigger house. Now that the economy is in the shitter and they are always talking about pay cuts and losing positions people are wigging out. When my wife graduates in under a year we are going to live on one salary still. We plan on buying a house out in the country somewhere but are going to be reasonable and try to buy one we can pay off in 5 years or less.

I can't hate on people in debt though I have been there before more then once when I was younger. I guess it comes with age and watching the economy destroy so many people. I use to work with a guy that went thru the great depression and he is a tight wad like no other.

[03trubluGT]

Purchasing a house as an investment opportunity is a bad idea.

I don't have a land lord and I have about $80k in equity.

[stevo]

Any of you DFW ballers wanna buy everything I own?

Sometimes I just wanna sell everything and live out of a 80's winnebago behind my work for a couple years.

You could always live in a van down by the river.

Stevo

[347Mike]

I don't have a land lord and I have about $80k in equity.

..And what does the interest column say?

[mikec]

Things to get rid of:

[x] expensive girlfriends
[x] gas guzzling flashy transportation
[x] eating out

Things to keep

[x] simple transportation (like that 1997 truck I found for my son)
[x] guns
[x] house (place to keep said guns)

A house is an investment and you can write off the interest. As far as the guns go, every time I've sold one, I've regretted it. Never sell your guns.

A+ post!

[jefehbk]

False...

Yes more income helps, but the reason 90% of mid to low income house holds have money problems is not because of their income. It is because they do a piss poor job at managing their current income. The ones who always differ to more money as the problem are wrong. You give them more money and they will have more bills, debt, and other shit they don't need.

It is easy for anyone ot have money, the choice is up to the individual though. What is more important? Do you need that or do you want that? If you have money problems you shouldn't be in the WANT category more than the need.

this is true, just look at all the broke dicks that use to be professional athelets. Mike Tyson, numerous football and basketball players and baseball. Hell even Dez Bryant was spending 6 figures before Jerry even signed him. give alot of money to poor people and they are still poor people with just bigger debts than before.