I just confessed to my parents

[mAdMaLuDaWg]

nm

 

[halik]

Originally posted by: mAdMaLuDaWg

Originally posted by: halik

Originally posted by: RyanSengara
How bad of a feeling is it? Terrible.

I'm a person with alot of pride, and I just learnt how difficult it is to admit to yourself that you're in alot of trouble.

I've spent my entire life saving every penny, only to have it squandered in some stupid juvenile mistakes.

People I have a few recommendations for you all so you never reach the point where I am..

1)If you go to the grocery store and figure that you buy groceries takes up 1/10th of your bank account.. go get help.

2)If you can't sleep at night because you're worried about how you're going to get through the next week.. go get help.

3)If your putting off buying medications, utilities, (first of all pay your utilities so your credit won't be crap) and get help.

The last 6 months of my life have been financial hell, and don't ask why. I've finally confessed to my dad the true extent of my financial sh!tter, and am praying he doesn't go crazy and tell my mother, who will probably sit in her bedroom and cry.

People, don't ever go into debt.

Here's a two step processs:
1) Get a Job
2) Stop spending cash on stupi sh!t


Why is it that people have trouble staying outta debt in this country? Honestly?

Read the thread dumb@$$

Just got down here. Paying yourself thru school with no loans tends to be a band idea. The amount of work needed to pay for everything is bound to interfere with the school work. I'd talk to his dad and ask him to cosign for a loan, that's probably the easiest way out.

 

[kranky]

Originally posted by: casper114

Originally posted by: RyanSengara

Originally posted by: rmrf
you are a true american.

I'm not american first of all, and second of all I didn't have that much money to spend to start off with. It takes very little for a person like me to get pushed over the financial edge. I'm a college student paying for his own tuition.

quit your whining, I pay my own tuition and if i fvck up my parents are dead so I don't have anyone to run to!

I paid my own way through school also, but there's a difference between screwing up and an accident. Many of us are one accident or one illness away from severe financial trouble. It doesn't mean he did anything wrong.

 

[mAdMaLuDaWg]

Originally posted by: halik

Originally posted by: mAdMaLuDaWg

Originally posted by: halik

Originally posted by: RyanSengara
How bad of a feeling is it? Terrible.

I'm a person with alot of pride, and I just learnt how difficult it is to admit to yourself that you're in alot of trouble.

I've spent my entire life saving every penny, only to have it squandered in some stupid juvenile mistakes.

People I have a few recommendations for you all so you never reach the point where I am..

1)If you go to the grocery store and figure that you buy groceries takes up 1/10th of your bank account.. go get help.

2)If you can't sleep at night because you're worried about how you're going to get through the next week.. go get help.

3)If your putting off buying medications, utilities, (first of all pay your utilities so your credit won't be crap) and get help.

The last 6 months of my life have been financial hell, and don't ask why. I've finally confessed to my dad the true extent of my financial sh!tter, and am praying he doesn't go crazy and tell my mother, who will probably sit in her bedroom and cry.

People, don't ever go into debt.

Here's a two step processs:
1) Get a Job
2) Stop spending cash on stupi sh!t


Why is it that people have trouble staying outta debt in this country? Honestly?

Read the thread dumb@$$

Just got down here. Paying yourself thru school with no loans tends to be a band idea. The amount of work needed to pay for everything is bound to interfere with the school work. I'd talk to his dad and ask him to cosign for a loan, that's probably the easiest way out.

He got into an accident which is the cause of his troubles.. not because he was paying for school. I've been paying for school/living expenses myself for the past four years and I'm graduating with honors in December, so its entirely possible to pay for your school and not have it interfere with your studies.

 

[radioouman]

Originally posted by: rmrf
you are a true american.

Canada is part of North America

 

[akubi]

Originally posted by: RyanSengara

Originally posted by: DaWhim
what major are you? hope you are not finance/eco related.

Actually I am, I am running into a finance problem because my expenses outweigh my income. But if I want to make any money when I get older I have to put myself through this current financial hell.

Thanks for your support.

Edit: To clarify, I thought I could weather the storm. Appearantly my NSF warnings say otherwise.

well you can forget about working in a bank or accounting firm if your credit is fubar. other types of employers may be more forgiving, but bad credit = no job in financial industry.

bad credit can be repaired with a lot of time and effort... so good luck. since you are still in college, you still have time (maybe........)

 

[sonz70]

If you need a way to get out of debt...I can give ya some hints to start making good cash

 

[LordMorpheus]

Originally posted by: mAdMaLuDaWg

Originally posted by: halik

Originally posted by: mAdMaLuDaWg

Originally posted by: halik

Originally posted by: RyanSengara
How bad of a feeling is it? Terrible.

I'm a person with alot of pride, and I just learnt how difficult it is to admit to yourself that you're in alot of trouble.

I've spent my entire life saving every penny, only to have it squandered in some stupid juvenile mistakes.

People I have a few recommendations for you all so you never reach the point where I am..

1)If you go to the grocery store and figure that you buy groceries takes up 1/10th of your bank account.. go get help.

2)If you can't sleep at night because you're worried about how you're going to get through the next week.. go get help.

3)If your putting off buying medications, utilities, (first of all pay your utilities so your credit won't be crap) and get help.

The last 6 months of my life have been financial hell, and don't ask why. I've finally confessed to my dad the true extent of my financial sh!tter, and am praying he doesn't go crazy and tell my mother, who will probably sit in her bedroom and cry.

People, don't ever go into debt.

Here's a two step processs:
1) Get a Job
2) Stop spending cash on stupi sh!t


Why is it that people have trouble staying outta debt in this country? Honestly?

Read the thread dumb@$$

Just got down here. Paying yourself thru school with no loans tends to be a band idea. The amount of work needed to pay for everything is bound to interfere with the school work. I'd talk to his dad and ask him to cosign for a loan, that's probably the easiest way out.

He got into an accident which is the cause of his troubles.. not because he was paying for school. I've been paying for school/living expenses myself for the past four years and I'm graduating with honors in December, so its entirely possible to pay for your school and not have it interfere with your studies.

I could work, I don't need to thanks to generous parents and loans, but your ability to work definatly depends on what you are studying. I'm a Mechanical Engineer specializing in Robotics, I have one class that takes 15 or more hours a week, and that's just one out of six, and only one of those is a blowoff class. If I was a finance/econ major I could have a full time job, as it is now a part-time 20 hours/week gig would be very rough on me.

There is no shame is getting financial help from your parents, especially after you got dealt some rotten cards like that whole accident thing.

 

[FrustratedUser]

Originally posted by: RyanSengara

Originally posted by: johnjbruin

Originally posted by: RyanSengara

Originally posted by: Colt45
im kind of curious what you got in debt on?

good message though, i like to buy things with cash, in full. one less thing to worry about.

Normally I do pay with things in Cash, it's the east indian side of me.

As far as what kinda debt I got into.. lets say I got into a car crash, car hit a house, insurance wouldn't cover type of thing.

ouch! why isnt insurance covering it?

Because it couldn't be proven that it was a mechanical failure, in reality Acura RSXs have loose ebrakes, and the cord should be tightened. I learnt that a little bit to late.

This is a lesson for all who use the e-brake and put the car in neutral while parked (assuming it's a stick shift).

 

[mAdMaLuDaWg]

Originally posted by: sonz70
If you need a way to get out of debt...I can give ya some hints to start making good cash

For crying out loud sonz.. do we need to be constantly reminded of what you (supposedly) did in every single freakin thread!?!?!?! :| :| :|

 

[MaxDSP]

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

 

[FoBoT]

i was in huge debt
i asked my parents for money
they said no

it was the right thing for them to say no, i would not have learned a lesson if they had bailed me out

figure out another solution, don't take money from family for this hole you dug yourself. you need to get out of the hole yourself or you will not learn from your mistakes.

 

[iamwiz82]

Originally posted by: MaxDSP

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

Because I've seen it? I don't think I know of a single person that stayed with their parents that has done anything with their lives. Hell, the freaking valedictorian of my high school class still lives at home, didn't graduate college, and doesn't really work. :roll:

 

[mAdMaLuDaWg]

Originally posted by: iamwiz82

Originally posted by: MaxDSP

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

Because I've seen it? I don't think I know of a single person that stayed with their parents that has done anything with their lives. Hell, the freaking valedictorian of my high school class still lives at home, didn't graduate college, and doesn't really work. :roll:

You must know a pretty small group of people then

 

[iamwiz82]

Originally posted by: mAdMaLuDaWg

Originally posted by: iamwiz82

Originally posted by: MaxDSP

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

Because I've seen it? I don't think I know of a single person that stayed with their parents that has done anything with their lives. Hell, the freaking valedictorian of my high school class still lives at home, didn't graduate college, and doesn't really work. :roll:

You must know a pretty small group of people then

Are you taking this to heart because you are a 25 year old still living with mom and dad? Hey, it's your life, enjoy it. One of my most proud accomplishments is the fact that my wife and I survived when we moved out with next to nothing but a bunch of hand-me-downs.

EDIT: I'd also like to point out that if a disaster struck when we frist started out we would have been royally fscked, as well.

 

[purbeast0]

i am confused. you say you save every penny, yet you are in debt.

why didnt you spend the $$ on the stuff that got you into debt, instead of saving it? that makes no sense.

why get in debt and save at the same time? the whole point to save is so that if you ever NEED $$$ for something you can have it, and NOT get into debt ...

 

[knyghtbyte]

the problem is nowadays people want to live better than they can afford to...

its more than possible to hold down a job and pay for education, yet not get in to debt if you live very basically....however people wont live basically because its means they are poor and they might lose their social standing or whatever....

i however am in debt to the great god Home Cinema...heh...by about £6,000....i dont study, however i can only work part time, but its a good job and i pay off money regularly, no need to go crying to the folks.....

 

[iamwiz82]

Originally posted by: purbeast0
i am confused. you say you save every penny, yet you are in debt.

why didnt you spend the $$ on the stuff that got you into debt, instead of saving it? that makes no sense.

why get in debt and save at the same time? the whole point to save is so that if you ever NEED $$$ for something you can have it, and NOT get into debt ...

Did you not read the thread? He got into a car accident his insurance didn't cover.

 

[dxkj]

Originally posted by: Pepsei
the problem is, once you're used to your previous opulent lifestyle, it's hard to go back to what it was before.

i remember that i used to survive on mcdonald's food back in the college days... and the trick not to gain weight is to skip the dinner, and eat a late lunch. no, i don't think i can go back to that kind of cheap lifestyle.

Survive on Mcdonalds food? Damn you are a fat pig.... spaghetti is cheaper to make than mcdonalds, and Ramen EVEN CHEAPER


omg, you had it so hard, going out to eat everyday!! damn,...

 

[dxkj]

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

do I win? I was 17

I think if your parents do their job, you are ready to move out and be self sufficient by 16 or 17... I went to college fulltime, worked more than fulltime, it just takes non-laziness and Im a lazy person ... so...

 

[dxkj]

Originally posted by: mAdMaLuDaWg

Originally posted by: sonz70
If you need a way to get out of debt...I can give ya some hints to start making good cash

For crying out loud sonz.. do we need to be constantly reminded of what you (supposedly) did in every single freakin thread!?!?!?! :| :| :|

I would cry "ATTENTION WHORE" but I guess I could just leave out the attention part and still be accurate, eh?

 

[purbeast0]

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

so because you were out at 18, thats the limit then ... yea, that is good logic :roll:

i'm lived on campus for my first 4 years in college, my last year i lived at home and commuted to college. i graduated may 04 and landed my first fulltime job september 04. i have been living at home since i graduated. i am currently still living at home. i plan on living there for probably another year or so until i either decide to buy a house around here, or move down south and buy a house there. i plan to have between $20K - $25K when I do this to.

if you think thats a stupid plan on my part and that i'm not ready for the "real world" then please, explain it to me, because I'm confused.

 

[mAdMaLuDaWg]

Originally posted by: iamwiz82

Originally posted by: mAdMaLuDaWg

Originally posted by: iamwiz82

Originally posted by: MaxDSP

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

Because I've seen it? I don't think I know of a single person that stayed with their parents that has done anything with their lives. Hell, the freaking valedictorian of my high school class still lives at home, didn't graduate college, and doesn't really work. :roll:

You must know a pretty small group of people then

Are you taking this to heart because you are a 25 year old still living with mom and dad? Hey, it's your life, enjoy it. One of my most proud accomplishments is the fact that my wife and I survived when we moved out with next to nothing but a bunch of hand-me-downs.

EDIT: I'd also like to point out that if a disaster struck when we frist started out we would have been royally fscked, as well.

From earlier in this thread:

Originally posted by: mAdMaLuDaWg


He got into an accident which is the cause of his troubles.. not because he was paying for school. I've been paying for school/living expenses myself for the past four years and I'm graduating with honors in December, so its entirely possible to pay for your school and not have it interfere with your studies.

While I'm proud of the what I accomplished, I don't belittle those who chose another path and it doesn't make them more/less successful than I am.

 

[purbeast0]

Originally posted by: iamwiz82

Originally posted by: purbeast0
i am confused. you say you save every penny, yet you are in debt.

why didnt you spend the $$ on the stuff that got you into debt, instead of saving it? that makes no sense.

why get in debt and save at the same time? the whole point to save is so that if you ever NEED $$$ for something you can have it, and NOT get into debt ...

Did you not read the thread? He got into a car accident his insurance didn't cover.

yah but what happened to all of the money that he saved?

 

[iamwiz82]

Originally posted by: mAdMaLuDaWg

Originally posted by: iamwiz82

Originally posted by: mAdMaLuDaWg

Originally posted by: iamwiz82

Originally posted by: MaxDSP

Originally posted by: iamwiz82

Originally posted by: rh71

Originally posted by: Inspector Jihad
i dont understand the western concept of letting your child work his way thru college...in indian culture, parents help the child thru college with payments...and the children usually take care of the parents once they get older...its an awesome system that works for both sides and creates strong and healthy relationship between parents and children...and adn this doesnt make the kids less hard working if you've brought them up right...i wonder if other eastern cultures also do this?

I've been saying this for awhile now... in a lot of American homes, the child either gets kicked out at 18 (awesome parenting!) or the kids are so annoyed at their parents (or maybe just the stigma of staying at home) that they want to leave ASAP... with hardly any financial stability. Not a good system.

In my opinion, if the chance exists... stay home for a few years even after you graduate college + work full time... that way you'll save enough money to buy your 1st home at around 25-27. Even faster if your significant other is in the same boat.

The people who stay until they are 25 are so unprepared for the real world that I'm amazed they can wipe their own butts. I was out of the house by 18 (my choice) and never looked back.

And you say this because you have personally seen it or just making a stereotypical comment?

Because I've seen it? I don't think I know of a single person that stayed with their parents that has done anything with their lives. Hell, the freaking valedictorian of my high school class still lives at home, didn't graduate college, and doesn't really work. :roll:

You must know a pretty small group of people then

Are you taking this to heart because you are a 25 year old still living with mom and dad? Hey, it's your life, enjoy it. One of my most proud accomplishments is the fact that my wife and I survived when we moved out with next to nothing but a bunch of hand-me-downs.

EDIT: I'd also like to point out that if a disaster struck when we frist started out we would have been royally fscked, as well.

From earlier in this thread:

Originally posted by: mAdMaLuDaWg


He got into an accident which is the cause of his troubles.. not because he was paying for school. I've been paying for school/living expenses myself for the past four years and I'm graduating with honors in December, so its entirely possible to pay for your school and not have it interfere with your studies.

While I'm proud of the what I accomplished, I don't belittle those who chose another path and it doesn't make them more/less successful than I am.

I wasn't even referring to the OP, I was referring to the fact that someone said he was stupid for moving out on his own and that he should have lived with his parents til he was 25.