Post a Meme, any Meme! (no politics)

[winemaker81]

 

[Darrell Hawley]

No wonder most of you have dogs.

 

[jswordy]

Unedited version available by PM!

 

[jswordy]

View attachment 96941

I wish it were true of mechanics. I have hands crisscrossed with old scars and scars all the way my arms to my elbows from my days working as a mechanic. I'd trade with this guy anytime, LOL...

 

[vinny]

View attachment 96845

So, you have been to Alberta!

 

[vinny]

Personally, I recognized early in life that in the US, FREEDOM equals MONEY, and that the more you OWE, the more you are OWNED.

This is not limited to the US. I am constantly amazed how close to disaster people are willing to live.

I know a couple with $70k in personal credit card debt. They asked for financial advice because mine is zero. I said it is easy. You have to budget, you have to track your finances and understand what you can afford. Don't put anything on your card that you can't pay off.

He said. Oh... No, I can't do that. I don't look at my accounts. It's stressful.

I understand it would be, especially at that point, but how are you ever going to be successful at something you don't understand?

Debt is the currency of slaves. So few understand that.

 

[Vern]

This is not limited to the US. I am constantly amazed how close to disaster people are willing to live.

I know a couple with $70k in personal credit card debt. They asked for financial advice because mine is zero. I said it is easy. You have to budget, you have to track your finances and understand what you can afford. Don't put anything on your card that you can't pay off.

He said. Oh... No, I can't do that. I don't look at my accounts. It's stressful.

I understand it would be, especially at that point, but how are you ever going to be successful at something you don't understand?

Debt is the currency of slaves. So few understand that.

So true. I know many well educated, intelligent people who have absolutely no concept of money management. They will ask for advice, but never change their habits.

 

[jswordy]

So true. I know many well educated, intelligent people who have absolutely no concept of money management. They will ask for advice, but never change their habits.

Wanna get flamed by dozens of people online? When someone bitches that they are broke, ask them if they still have their iPhone and full high-buck Verizon plan. PM me and I'll tell ya how I know!

 

[jswordy]

Meanwhile in Hawaii...

 

[winemaker81]

I understand it would be, especially at that point, but how are you ever going to be successful at something you don't understand?

Many moons ago a friend asked for financial help. He had made minimum payments on a credit card for a year, but the principal was only reduced by $30 USD when he paid $400. I explained the principal part of the payment was $2.50/month, and that it was going to take 38 years to pay off the card while costing over $10 k in interest. This was before CC reform.

He had never been taught anything about how loans are structured, and I had to explain twice. He was young and inexperienced, but not stupid. He got a second job and put every penny into retiring all his debts, as he was in a financial hole and didn't realize it. A year later, he was debt free and still is today.

It can be done, if the person is motivated.

 

[jswordy]

Many moons ago a friend asked for financial help. He had made minimum payments on a credit card for a year, but the principal was only reduced by $30 USD when he paid $400. I explained the principal part of the payment was $2.50/month, and that it was going to take 38 years to pay off the card while costing over $10 k in interest. This was before CC reform.

He had never been taught anything about how loans are structured, and I had to explain twice. He was young and inexperienced, but not stupid. He got a second job and put every penny into retiring all his debts, as he was in a financial hole and didn't realize it. A year later, he was debt free and still is today.

It can be done, if the person is motivated.

Credit cards are the worst. I use one for the advantages over a debit card, and pay it off monthly. I have never carried a balance. And now they are entrapping young people at age 18 with lots of debt.

The best feeling is when you know you owe no one beyond your short-term living expenses. That was an awesome day, when we finished the 15-year farm mortgage at year five.

The next best feeling is when you realize that you now have "excess money" as a result, and that you can put it to work for yourself 24/7/365 by investing.

Then it also feels great when you invest it through a retail stock account which not only is taxed less on your profits than a retirement account would be when you withdraw, but also allows you to shelter profits with losses that you can carry forward from bad years to good ones (a retirement account doesn't do that). All totally legal. People who want wealth should have a retail and a retirement stock portfolio. Especially with ETFs, it is easy these days.

What a country! Except for one thing: This learning should be required, with a passing grade, before any HS senior can graduate. As it is, you have to be super motivated to learn most of this yourself. It should be common knowledge. It is not rocket science, anyone can grasp it (or hire someone who does), and I know that because EVEN I DID IT.

Anyway, I'm getting off my soapbox now!

 

[Vern]

Wanna get flamed by dozens of people online? When someone bitches that they are broke, ask them if they still have their iPhone and full high-buck Verizon plan. PM me and I'll tell ya how I know!

I'm sorry, but I don't know how to pm someone. You can pm me and talk.

 

[jswordy]

I'm sorry, but I don't know how to pm someone. You can pm me and talk.

(SHHHH I know by experience!)

 

[Boatboy24]

 

[jswordy]

 

[Boatboy24]

 

[winemaker81]

View attachment 96960

This appears to be extortion. How much do you want to not do it?

 

[jswordy]

 

[jswordy]

 

[ratflinger]

next post please - corrected my sorry ass meme