whaleskinrug
Golden Member
- Sep 25, 2003
- 1,114
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Originally posted by: Eli
Damn. Gotta love that gas usage.
150$/mo for rent.. :Q
Originally posted by: dabuddha
Originally posted by: Eli
Damn. Gotta love that gas usage.
150$/mo for rent.. :Q
He must have like 5 roommates or something. Or he's living in the hood.![]()
Originally posted by: Chaotic42
Meh, I did it for quite a while.Originally posted by: mugsywwiii
Why do you have to save so much so fast? I second the male prostitution suggestion. You won't enjoy 70-80 hours a week for very long.
Why $10,000?
I'm going to college in August (hopefully). I need an amount of money as a fall back. I've managed to land myself in a very sweet position here, and I doubt that I'll be as lucky the second time around should something bad happen. I've been burned by not having adequate savings in the past.
I also need a new vehicle. I'd rather not have to work 40 hours a week in college in order to make payments on a car. With a nice $5k down payment, I can work a minimal number of hours. It's work very hard now in order to be able to work moderatly hard later.
Originally posted by: whaleskinrug
get a part time job with low stress and just bite the bullet for a year
Originally posted by: kranky
In a ten month time frame, the amount of interest won't really matter. It's too small to make a difference.
$5,000 invested at 1% interest is $4.17 monthly interest
$5,000 invested at 5% interest is $20.84 monthly interest
You can see that the rate of interest isn't going to make much of a dent.
So instead of spending a lot of time researching how to get the maximum interest, spend that time figuring out how to increase your savings rate. That's the only way to reach your goal.
Originally posted by: djheater
I know you can do it from personal experience. Don't let anything stop you, just get it done.
When my girlfriend told me she was pregnant I had two more jobs within the week.
One at a bakery from 2:30 am to 9-10a my regular job at a bookstore 11-5 and then float at a coffeeshop after.
Sleep is for the weak. I told myself I could sleep when I died.![]()
anyway the point is if you're willing to endure some hardship you can do it, and if it's only for a year and you have the golden carrots in front of you, the only thing that could stop you is you.
Originally posted by: MoobyTheGoldenCalf
Save all you can until the Google IPO in the spring. Then invest on day one. By August you'll be rich...
Originally posted by: MoobyTheGoldenCalf
Save all you can until the Google IPO in the spring. Then invest on day one. By August you'll be rich...
Originally posted by: radioouman
Originally posted by: kranky
In a ten month time frame, the amount of interest won't really matter. It's too small to make a difference.
$5,000 invested at 1% interest is $4.17 monthly interest
$5,000 invested at 5% interest is $20.84 monthly interest
You can see that the rate of interest isn't going to make much of a dent.
So instead of spending a lot of time researching how to get the maximum interest, spend that time figuring out how to increase your savings rate. That's the only way to reach your goal.
I agree
Originally posted by: Mwilding
Originally posted by: MoobyTheGoldenCalf
Save all you can until the Google IPO in the spring. Then invest on day one. By August you'll be rich...
![]()
Originally posted by: notfred
$950 month and 45 hours a week? get a better job.
Originally posted by: Chaotic42
Originally posted by: Ghamu
..pretty sure he meant he can save that much in a month, if he didn't, yeah, get a better job.
I clear $950/mo after taxes/insurance. I have $950/mo to live on.
There are no local stations that can be easily picked up by an antenna. I would need an exceedingly large antenna to get anything.
It would be difficult to *not* make minimum wage at a second job. I might be able to get $5.75/hr. Maybe.
Originally posted by: FeathersMcGraw
A $200/month food bill for one person? Either you want to eat out less, or rethink your menu.
