Can you come up with $10,000...right now?

[tas38]

He He I don't even got 10k in credit, but I owe well over 10k though. And if I had 10k, I would be in great shape that is for sure.

 

[DomainMagnate]

I am paying more in taxes this year than alot of my friends make overall per year..lol

Stop hanging out with the homeless jk, well done Chris

P.S.: bragger :lol:



~MG

 

[Dale Hubbard]

He He I don't even got 10k in credit, but I owe well over 10k though. And if I had 10k, I would be in great shape that is for sure.

Tas, it doesn't matter what your liabilities are. It's a matter of immediate liquidity. You might have a mortgage of $500k, but if you have $10k in the bank, you're 'playing' in regard to this thread.

 

[Rockefeller]

Thankfully I have 0 in credit card debt, I never ran out and got them when I was young..I think I would be dangerous with credit, which is why I shy away from them. I usually keep around 30-40k in paypal to earn the 5.06% in the money market, other than that I use Wells Fargo now, very good bank when sending wire transfers on a daily basis.

 

[tas38]

( It's a matter of immediate liquidity )

For me that means, selling some stuff on ebay to pay my house taxes, like I had to last year. In winter heating fuel prices, are taking every buck I got. I hate winter, and have to worry all winter because of high fuel prices. High gas prices I can live with, but buying heating oil at $2.69 per gallion hurts REALLY BAD.

 

[Dale Hubbard]

( It's a matter of immediate liquidity )

For me that means, selling some stuff on ebay to pay my house taxes, like I had to last year. In winter heating fuel prices, are taking every buck I got. I hate winter, and have to worry all winter because of high fuel prices. High gas prices I can live with, but buying heating oil at $2.69 per gallion hurts REALLY BAD.

Tas, are you in the USA?

 

[Rockefeller]

Tas, it doesn't matter what your liabilities are. It's a matter of immediate liquidity. You might have a mortgage of $500k, but if you have $10k in the bank, you're 'playing' in regard to this thread.

If you have 20k in credit card debt and 10k in the bank..you are still $10,000 in debt, but yes, for this specific survey, if you have 10k in the bank regardless of debt, you would be a "player."

 

[tas38]

( Tas, are you in the USA? )

Yes I live in PA, I was born and lived in the USA all my life.

 

[Dale Hubbard]

If you have 20k in credit card debt and 10k in the bank..you are still $10,000 in debt, but yes, for this specific survey, if you have 10k in the bank regardless of debt, you would be a "player."

Well, quite. Reiteration perhaps.

 

[Rockefeller]

Well, quite. Reiteration perhaps.

Just agreeing i guess. I get a kick out of the people that think that they have money because they have say $40,000 in their bank account, but yet, they have $20,000 in credit card debt that they pay the minimum balance on. A car loan or mortgage is different because you have collateral for the money. Anyways....

 

[dadster]

Can do. Its called solvency baby. Also known as being fiscally responsible.

If you cant afford it - you dont need it.

Dadster

 

[Rockefeller]

If you cant afford it - you dont need it.

Excellent advice! Something I live by!

 

[TheLegendaryJP]

Excellent advice! Something I live by!

My grandmother who needed eeerrr wanted that kidney transplant and the drugs after surgery ON TOP OF IT in NY state but couldnt afford it, she didnt really need it.

The statement

If you cant afford it - you dont need it.

obsurd. Infact who's to say it be a new kidney or Ferrari that just because you cannot afford either you dont need either ? At times in life you may find things you can't afford but NEED therefore it is not a statement to live by nor does it even make sense unless youve decided just how much your life or anyone elses is and stick to it. Sorry mama that life support cost is killing us financial and you always said

If you cant afford it - you dont need it.

.


Nw I realize you mean luxury items such as toy's and so on but do you live by this for real ? What distinguishes a need to one person may be waste to another. You dont need that vacation to survive, or do you ?

 

[Rockefeller]

My grandmother who needed eeerrr wanted that kidney transplant and the drugs after surgery ON TOP OF IT in NY state but couldnt afford it, she didnt really need it.

The statement obsurd. Infact who's to say it be a new kidney or Ferrari that just because you cannot afford either you dont need either ? At times in life you may find things you can't afford but NEED therefore it is not a statement to live by nor does it even make sense unless youve decided just how much your life or anyone elses is and stick to it.

How can you compare a kidney and a Ferrari? You NEED a kidney, you dont NEED a Ferrari if you can't afford it.

 

[TheLegendaryJP]

How can you compare a kidney and a Ferrari? You NEED a kidney, you dont NEED a Ferrari if you can't afford it.

My point is where in between do you draw the line. Sometimes I see peoples hobby and wow what a waste $XXXX's on toy trains etc. but then I realized that hobby brings that person joy and if it means a little debt from time to time if it makes them happy so be it. Waste does not always mean having your priority out of wack. I think vacations are a waste personally some would have a stroke by now if they didnt take one a year and charge the credit card. You may be able to afford a middle class style and have no big debt but maybe those coffee's, shoes and homes are a waste ? All Im saying is we cannot alll nor do we all need most anything we buy, being able to afford it does not justify it's purchase ! I can afford gold dog collars so thats ok, maybe a gold pooper scooper to match.

I did a little google on the saying and found it was a sarcastic reply from a POOR person or something the under privledged say. It in no way is a statement a middle class person could say they live by and be taken serious. If you dont see the sarcasm in that statement ( read real slow ) I don't know what else to say. IF you cant afford it ( meaning if your poor ) you dont need it ( meaning poor people dont deserve or need basic things everyone else has from a kidney to a sports car ) at least that is what they say .

29. Been caught stealing?
never in my life. i grew up poor 'if you can't afford it you dont need it'... and then the audience laughed at the sarcastic joke.

 

[Rockefeller]

My point is where in between do you draw the line. Sometimes I see peoples hobby and wow what a waste $XXXX's on toy trains etc. but then I realized that hobby brings that person joy and if it means a little debt from time to time if it makes them happy so be it. Waste does not always mean having your priority out of wack. I think vacations are a waste personally some would have a stroke by now if they didnt take one a year and charge the credit card. You may be able to afford a middle class style and have no big debt but maybe those coffee's, shoes and homes are a waste ? All Im saying is we cannot alll nor do we all need most anything we buy, being able to afford it does not justify it's purchase ! I can afford gold dog collars so thats ok, maybe a gold pooper scooper to match.

I did a little google on the saying and found it was a sarcastic reply from a POOR person or something the under privledged say. It in no way is a statement a middle class person could say they live by and be taken serious. If you dont see the sarcasm in that statement ( read real slow ) I don't know what else to say. IF you cant afford it ( meaning if your poor ) you dont need it ( meaning poor people dont deserve or need basic things everyone else has from a kidney to a sports car ) at least that is what they say .

29. Been caught stealing?
never in my life. i grew up poor 'if you can't afford it you dont need it'... and then the audience laughed at the sarcastic joke.

Interesting, even though it may be a punchline, I still think its an important way to keep yourself out of debt.

 

[Biggie]

Interesting, even though it may be a punchline, I still think its an important way to keep yourself out of debt.

debt, is very important to America's survival

look at the "National Debt", which is tied to the rate of inflation

which drives the global economy


debt was good for "The Donald"

look how many times Mr. Trump was under...now he's on top again


bankruptcy is not the end....it's a new beginning


the ability to manage debt is the key!




btw, i have never filed for or been bankrupt or broke....knock on wood, and thanks to the Almighty!

 

[NETGEEK]

The worst part is when you say no and you're wife says no problem to come up with 10k....hahaha

 

[Seraphim]

The worst part is when you say no and you're wife says no problem to come up with 10k....hahaha

:lol:

 

[Stinos]

Yes, I always have $13-15K in my bank account. The money I earn above this goes back in domains, pubs, and the other necessary spendings.