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Need college Advice vol: Loans
- Thread in 'General' Thread starter Started by legreyfoxx,
- Start date
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We're on NT and you aren't sure why people are going for high car payments?
What does the average American have to do with NT? I know why NTers do it that's obvious...[emoji]128530[/emoji]
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Hope it's a nice car at least, thats a pretty hefty car note bro to have in school560 to be exact. And im in the process of leaving my current job. 24th is the last day and i start my new job on the 25th, where there will be less hours starting off. My payment due date is August 6th. May be easy for you to come up with 500 but I'm currently in school with finals next week and working part-time with a $340 car payment each month along with other bills.
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My boy pays 850ish (including insurance I believe) for his 14 E350... and lives at home :x
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We're on NT and you aren't sure why people are going for high car payments?
What does the average American have to do with NT? I know why NTers do it that's obvious...[emoji]128530[/emoji]
You really want to do this?
- NT has well over 10k unique daily visitors
- The vast majority NTers are American.
- Because of the large proportion of Americans and the large sample size of users, we can safely infer that American NTers can be representative of the general American population.
- The vast majority NTers are American.
- Because of the large proportion of Americans and the large sample size of users, we can safely infer that American NTers can be representative of the general American population.
At the end of the day, living outside ones means is nothing new.
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You're right and I will never understand it.
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yeah my priorities are out of whack. in all seriousness though, i have money in the bank and out of my whole time in college I've never taken out a loan and been paying out of pocket with help from financial aid and been managing fine. This semester, the payments are more than I expected therefore I have to resort to thinking about taking loans. I didn't take any loans out for my car and dropped a hefty down payment all the while in school also. I purchased my car last year in june and will finish upcoming February 2016 but that's besides the point. Got some good advice here so I'm probably going with the subsidized loan.
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The money in the bank is enough for bills and emergencies I can however pay the 560 but that's gonna cause me to be somewhat living on the edge which I don't want to do. I'm going to be a senior in college so I guess it's just about that time that I do need to consider loans cause the courses are starting to cost more.
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and how much are you saving a month?
JVII
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Great advice here, wish I knew during college. Typical NT worried about everyones' pockets
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You're already on the edge?
You have cash, but you'd rather take out loans just in case you can't pay your bills? What am I missing? Why not just pay cash, then if you get in trouble, you can always charge it? Or maybe even pick up more hours. $560 over the course of 7 months really isn't that much.
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I mean, when you make a thread specifically asking for advice on what to do with your (lack of) money.....
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Can't talk finances on NT something I've noticed lol.
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He made the thread though and volunteered that info
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Lol man that "pocket watching" stuff is corny. As bad as personal finances are in America we need to talk about money more.No, u can, just have to filter the BS comments
Would save a lot of people money and just help people make better decisions financially. Wish I was taught more about finances at a young age *shrugs*
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I'm lucky my mother is an accountant and I've been blessed with financial knowledge my entire life
Some of the "advice" you guys give on here is outlandish
Some of the "advice" you guys give on here is outlandish
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Lol man that "pocket watching" stuff is corny. As bad as personal finances are in America we need to talk about money more.No, u can, just have to filter the BS comments
Would save a lot of people money and just help people make better decisions financially. Wish I was taught more about finances at a young age *shrugs*
Of course and there are some in here genuine w/ their question and others who are genuine w/ their answers. Then u have those lookin for reps and lulz that add nothing to the conversation. I too wish I knew more about finance before I racked up all this student loan debt but hindsights 20/20. I'm learning now and sharing my knowledge and experience w/ others.
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Exactly how I feel. I'm very open with discussing myomey in terms of savings and investments. 1) I'm proud of my saving habits and 2)it's very important to get experience from all walks of life, especially about finance
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I've worked in professional environments since I was fairly young because of internships and whatnot.
The #1 life advice I've gotten is to save early. No matter how much. Compounding interest is a powerful thing
Shoot, even my parents said they spent their 20s spending and didn't start seriously saving until they were 30. They had to play catch up
I refuse to play catch up. I'd rather be dead and rich than alive and broke.
I'm making very solid money out of college. But I'm very frugal with my money. Because I know it I buy all these material items at once, they'll blend together in the background. And I also like knowing that I have a ton of money on my bank account so if I ever want to splurge, I can no problem
The #1 life advice I've gotten is to save early. No matter how much. Compounding interest is a powerful thing
Shoot, even my parents said they spent their 20s spending and didn't start seriously saving until they were 30. They had to play catch up
I refuse to play catch up. I'd rather be dead and rich than alive and broke.
I'm making very solid money out of college. But I'm very frugal with my money. Because I know it I buy all these material items at once, they'll blend together in the background. And I also like knowing that I have a ton of money on my bank account so if I ever want to splurge, I can no problem
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Agreed I'm extremely open on here open maybe a little too open, but thats me. Good or bad I am willing to share, help, and inspire if I can.
I'm working on getting my finances back in order my final semester of school was rough and I made a lot of bad financial decisions. Hoping to be back on track by the beginning of 2016.
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This chart would completely change people's lives if they knew the power of saving early.