my advice is take on debt and use it wisely. buy a car to take you to work. buy a house that you feel happy in, invest in bussines that you think you can make a return on even if its stocks and shares. But you are bound to get your fingers burnt at some point it comes with the terrority. Being risky is when you can usually move forwrd. its pyschology and how you think that makes the differnceTone Deft wrote:the labels you put on the debt and ignoring them.
my advice to anyone including myself is to live as cheap as you can until all your debt is paid off, especially missed payments. student loans and low interest stuff, just pay off and don't miss payments. I have ONE of those my entire life, just a $50 credit card payment, it didn't automatically go off my record, I asked, they took it off, my credit score went up. even then activity into people looking at your credit report is bad, let alone missed payments.
but like I wrote, to each their own, if it's been working and the 'worst case scenarios' aren't happening and it's all cool and the gang, no worries.
OT: Just settled a debt
Hakim Bey fucking rocks. I feel like Beavis making such a crude description but I'm unable to express adequately how brilliant his writing is. "Immediatism" is my favourite.noisetonepause wrote:"Galleries might turn art into a commodity but banks turn creativity into feces and debt."
(the TAZ, H. Bey)
MacBook Pro Retina, Live 9.5, Reason, UC33, KRK RP5s, Teenage Engineering OP1, Korg ESX2, Korg Prophecy, Clavia Nord Lead, Bass, Guitars.
http://soundcloud.com/motorradkinophone
http://soundcloud.com/motorradkinophone
^Tone
Oh OK, got it. Obviously this has been a high profile priority in your life which is smart and great. For others of us it's been a back burner item until something changes for whatever reason. But like with everything else in life, there's no point in dwelling on "that was stupid" if you are doing something to change it.
Oh OK, got it. Obviously this has been a high profile priority in your life which is smart and great. For others of us it's been a back burner item until something changes for whatever reason. But like with everything else in life, there's no point in dwelling on "that was stupid" if you are doing something to change it.
totally. jamief alluded to screwing up eventually no matter what. these days are making everyone feel like that. there's one thing I've learned about that is to not stress about money. it is what it is, keep your game tight but forget that feeling of regret, it's just money. if your game's tight there will still be a forty in the fridge and food on the table, you just might have to wait a bit longer until you get a Lemur.
In my life
Why do I smile
At people who I'd much rather kick in the eye?
-Moz
Why do I smile
At people who I'd much rather kick in the eye?
-Moz
It's possibly the state of the economy that inspired me to act on all this. A lot of people are fucking up their credit right now and I think in a year or 2 I'm going to look pretty good by comparison.
Sadly, my financially responsible father figure arrived late in the form of a radio talkshow host who constantly drills the following order of financial priorities into listeners' heads.
1. Pay off all debts and zero out all credit cards, only spend moderately on credit cards to keep your credit score going. Always pay the full amount each month.
2. Save up 6 -12 months of emergency living funds, not to be confused with or lumped in with retirement savings.
3. THEN invest and do it wisely.
Sadly, my financially responsible father figure arrived late in the form of a radio talkshow host who constantly drills the following order of financial priorities into listeners' heads.
1. Pay off all debts and zero out all credit cards, only spend moderately on credit cards to keep your credit score going. Always pay the full amount each month.
2. Save up 6 -12 months of emergency living funds, not to be confused with or lumped in with retirement savings.
3. THEN invest and do it wisely.