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What do you guys do when money is tight. (pg. 2)
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| Nrg2Nfinit |
if you own your home or condo, i suggest you take out a line of credit against the equity you've built in it (ie market value - mortgage remaining).
Invest that money into something that pays dividiends and write the interest off of your personal income.
a) use the dividends when money is tight.
b) use a fraction of that available Line of credit to pay for expenditures
The absolute worst thing you can do is use a credit card.
@ 21% interest a year, you're probably going to get ed if you cant pay it back in a couple month or so
you can probably get line of credits @ prime right now if you negotiate
That is around 3% interest annually.
Interest rates are low, money is cheap this days.
Not knowing your financial situation however it's hard to give proper advice. |
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| pkcRAISTLIN |
| quote: | Originally posted by Nrg2Nfinit
if you own your home or condo, i suggest you take out a line of credit against the equity you've built in it (ie market value - mortgage remaining).
Invest that money into something that pays dividiends and write the interest off of your personal income.
a) use the dividends when money is tight.
b) use a fraction of that available Line of credit to pay for expenditures
The absolute worst thing you can do is use a credit card.
@ 21% interest a year, you're probably going to get ed if you cant pay it back in a couple month or so
you can probably get line of credits @ prime right now if you negotiate
That is around 3% interest annually.
Interest rates are low, money is cheap this days.
Not knowing your financial situation however it's hard to give proper advice. |
oh yeah, credit cards are a way to manage debt. i was just answering the thread title lol. |
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| pkcRAISTLIN |
| quote: | Originally posted by Sushipunk
I know, right?
He's a 'pretend-christian' though (depends on when it suits him). His wife (my step-mum, I guess), though, is a lovely, lovely Chinese lady. I'm almost certain it was a "you want residency, you look after me" kind of deal, but that isn't my business. I think I like her better than my dad.
:wtf: |
yeah im pretty lucky with my upbringing all things considered. you seemed to end up pretty normal really. you know, other than the premeditated homosexual rape tendencies.
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true story.
there's this mong in hobart that has been known to hang around on doors with bouncers. when i say mong, i mean we're talking IQ in the 50s I reckon. sure, he's retarded, but he's got a bit of rat cunning in him at the same time. i've never liked him, 1- coz i hate crazy people, and 2- because he could be a little cunt.
anyway, at some stage during this mong's life he had been sexually assaulted by 2 predatory poofs. so one night one of the bouncers asked the little mong 'hey, what do YOU think about premeditated homosexual rape?', thinking the mong wouldn't catch what was being said at his expense.
the little mong replied "uh...uh....they ed me up, boss".
people lost their . |
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| Dykes_on_Jay |
| no such thing as broke in China, and i pay more than you to play hockey here, even though i can skate unlike you. :p |
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| Jarvmeister |
| quote: | Originally posted by pkcRAISTLIN
yeah im pretty lucky with my upbringing all things considered. you seemed to end up pretty normal really. you know, other than the premeditated homosexual rape tendencies.
...
true story.
there's this mong in hobart that has been known to hang around on doors with bouncers. when i say mong, i mean we're talking IQ in the 50s I reckon. sure, he's retarded, but he's got a bit of rat cunning in him at the same time. i've never liked him, 1- coz i hate crazy people, and 2- because he could be a little cunt.
anyway, at some stage during this mong's life he had been sexually assaulted by 2 predatory poofs. so one night one of the bouncers asked the little mong 'hey, what do YOU think about premeditated homosexual rape?', thinking the mong wouldn't catch what was being said at his expense.
the little mong replied "uh...uh....they ed me up, boss".
people lost their . |
Do you honestly find that funny? |
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| Sand Leaper |
| If you know how to/can be arsed to cook, try going vegetarian for a while. I came back from holiday in Norway (on a british salary = wallet shredded) close to flat broke. The costs I've been able to cut from my grocery receipts and the amount of food I still take home in my bags, all from simply not purchasing any meat or fish is quite astounding. You don't have to eat food to save money, as long as you just spend half an hour or so in the kitchen. |
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| pkcRAISTLIN |
| quote: | Originally posted by Jarvmeister
Do you honestly find that funny? |
yeah go on, judge me!
i wouldn't wish that on anyone but life sucks and people make jokes about it. and i laugh. its just who i am. |
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| Moral Hazard |
| Never happened before. My recommendation, get a big boy job and some self control. |
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| Lira |
| quote: | Originally posted by Moral Hazard
Never happened before. My recommendation, get a big boy job and some self control. |
I've got to side with Craig here... although I'm not sure I can cay I've got a big boy job :p
There are loads of things I wish I could buy, and I even turned down the opportunity to buy a TB-303 a while ago (God, it hurt :(), but if I don't have the money, I don't spend it. Are you sure hockey is more important than... I don't know, saving money for future emergencies? |
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| Looney4Clooney |
austerity,
maybe you forget you put that 15 steak in your laptop man bag. When i was in school, i somehow managed to get about 100$ of groceries for 30$. Although i am white and look rich. They were a big corporation. I would not sacrifice health. |
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| Nrg2Nfinit |
| quote: | Originally posted by Looney4Clooney
austerity,
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really?
how would you like it if the big banks decalred bankrupcy and you had more than 100k in them?
I rather money depreciate in value than to have to have a shotgun to guard my fridge. |
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| Lira |
| quote: | Originally posted by Looney4Clooney
austerity,
maybe you forget you put that 15 steak in your laptop man bag. When i was in school, i somehow managed to get about 100$ of groceries for 30$. Although i am white and look rich. They were a big corporation. I would not sacrifice health. |
Are you really telling BTG shoplifting and having your computer smell like a dead cow beats saving money? :p |
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