It is a sickening plummet, considering that she was earning $56,000 a year in her old job, enjoyed vacationing in places like Mexico and the Caribbean, and had started business school in 2008 at Iona College.
...
Last year she moved to Brentwood, Tenn., south of Nashville, in search of work. After initially trying to finish her M.B.A. program remotely, she dropped out because of the stress from her sinking finances.
...
She says none of her three adult sons are in a position to help her.
I don't feel sorry for her at all. She's obviously just a fucking idiot who doesn't understand how to be financially responsible. There is no reason she should have been wasting money traveling on vacations while taking out $92,000 in student loans. She was not just making an investment in school. She was taking advantage of the loan system. She was paying for school just with loans and using her paycheck for recreation. And what does she mean none of her sons can help her? None of them even have a couch for her to sleep on? Why is she wasting $300 in a motel? Where did she get a full set of furniture to sell if she was already out of a job? Did she pay to have it shipped from NY or did she actually waste a few hundred on furniture for her new apartment? And why did she move into an apartment to "look for work"? Why didn't she move in with one of her sons at that point. then she could have actually contributed to the household with her unemployment checks while looking for work. Ya know what? I'm fucking annoyed now. I hate this stupid woman. She wasted her money, the bank's money (she's obviously not paying back her student loans at this point), and the government's (my) money.
EDIT: I looked up Iona College real quick, if she was just outside of NYC, then she was at the New Rochelle campus in Yonkers area. So she had a slightly higher cost of living than if she were upstate. But Unless she was living way beyond her means (which she obviously was if she was if she really has no money left) then her basic cost of living could easily have been under $2000 per month, $24,000 annually(food, rent, utilities, car loan, and student loan). She was taking home at least $36,400 after taxes. So, like I said, I just can't feel bad for her.
I was kind of thinking that myself, though I was afraid I was being an arrogant employed asshole.
While I'm sure there are stories of people who had ample rainy day funds set aside and ran out after a year or more (I imagine it must be exponentially more difficult for people with families), I don't think this is one of those stories. But then again, I am incredibly jaded after dating a girl who lived in a single small room with four beds crammed in it for every member of her family while all four of them together earned in one month of hard work and physical labor what I earned in about two weeks from sitting on my ass in an air conditioned building in front of a computer.
I've seen people live frugally and within their means. I seldom see it in the US. Your vacation is not an entitlement.
Edit: To be clear, I am not begrudging the people looking for work. As I've shown in earlier posts, the jobs simply aren't there. I'm more looking down on the people who are loathe to take significant steps to cut personal costs until it's too late.
Exactly. When I was a student, I bought a new car because I could afford it. It was $10k after all the taxes and my payments were $150/month. I could have managed higher payments, but I didn't need a more expensive car. I've had it for 8 years now. I could afford to buy a new one but I won't. This car isn't costing me anything in repairs at the moment, it's well-maintained and I don't need a new car. My family goes on a camping trip every year now, that's my traveling vacation. It runs me about $200 when all is said and done for a week of camping, travel expenses included. A few years ago I went back to Indiana to visit school people for a total cost of about $400-$500. This year I spent a weekend in the city having gay sex with Ryan. He charges $500/night. I brew beer as a hobby, it costs me about $50/month. I own an iPod shuffle and a Nintendo DS. I pack my lunches whenever possible. If I need to buy my lunch I try to stop at a supermarket, if possible. You can buy everything you need for a healthy lunch for $5 as opposed to going to a pizzeria or deli and spending $10-$15. I'm making a fair amount of money now, and I could afford to be much less careful with my money, but there's no need for it. It's just not that hard to live within your means. It's ok to spend money on something you want every now and then, but only if you can actually afford it. And affording something doesn't just mean having enough money or credit to obtain it. Sorry if it seems like I'm harping on this, but this shit really pisses me off. I just don't get how people can be so irresponsible. I'm not even talking about going crazy with clipping coupons or being a "smart" shopper. These are simple things that don't need to be taught. Don't spend more money than you earn. It's that fucking simple.
Don't spend more money than you earn. It's that fucking simple.
I'm sure this is the first, and last sentence you hear in all those "Debt relief" services that charge people an arm and a leg thus putting them further in debt. Seriously, it's really not terribly hard to understand this and yet so many people have trouble with it.
While I'm sure there are stories of people who had ample rainy day funds set aside and ran out after a year or more (I imagine it must be exponentially more difficult for people with families), I don't think this is one of those stories.
'Tis not, this woman had many options to cut on unneeded expenses and very obviously just didn't take any of them. I'm sure she still has a few viable opportunities to reduce expenses (I.E.: Family members couch) and just refuses to take them so for one reason or another.
Still, for someone who has a degree to be out of a job....
Look, I know the obvious first thought is, "She may have a a college degree but she sure was stupid with her money." Well yeah, exactly, what is being implied is that smart people can be shit managers. There are plenty of outrageously intelligent people out there who can't stay out of debt to save their lives, my aunt Claudia for instance.
This woman may have been bad with money, but given her credentials she should have been able to hold a job.
The person addressed in this article was chosen to appeal to a larger audience though. She was one of the masses which spent everything they could. Yeah that's dumb, but people understand her position.
The article here is only one case though. The main point is that people can't live properly anymore. That even those who didn't live beyond their means can't live within their means with the economy the way it is. This one persons featured mismanagement does not represent all or even most of those in this "99er" situation.
None of you are wrong, but you've sorta been distracted by an obvious flaw in the example. Let's move to the focus of the article yeah?
Those student loans are probably gonna stick with her even if she files bankruptcy. Something about student loans make them amazingly hard to get rid of, not sure what it is.
Can I just mention that having a degree doesn't make you intelligent?
Doesn't matter, it indicates that you're a disciplined enough worker to actually finish a task. That should be enough, and the fact that we're to the point that it isn't well... either our standards are too high or we're fucked.
Her own fault TBQH, another person living outside their means. She should have paid off her student loads from half a decade ago with her job, then concentrated on vacations/saving a warchest. If you make 56k a year then pretty much any student loan within reason should be ok. The reason it is all the way up to 96k is probably because of interest and fees.
Actually, you can escape student loans. Just run away to another country. I've actually met a few Americans here in China who just stopped paying their student loans. The US doesn't go after them, because the cost isn't worth the reward. Of course, they can't really go back to the US, but they've escaped their debt. Sort of.
No, no, no. Stop being so damn depressing. You gotta roll with it. You come back with something like, "Great minds think alike", or ignore the quote and say, "I just said that"/"stop copying me", or, "well there ya have it. If Behemoth said it, it must be a good idea"/"So the general consensus for the OB is for poor people to go to China", etc.
"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore,
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"
Irony is a fine thing. We ask for the poor and the homeless and we don't even know what to do with them.
[Colorado] Republican gubernatorial candidate Dan Maes is warning voters that Denver Mayor John Hickenlooper's policies, particularly his efforts to boost bike riding, are "converting Denver into a United Nations community."
"This is all very well-disguised, but it will be exposed," Maes told about 50 supporters who showed up at a campaign rally last week in Centennial.
Maes said in a later interview that he once thought the mayor's efforts to promote cycling and other environmental initiatives were harmless and well-meaning. Now he realizes "that's exactly the attitude they want you to have."
"This is bigger than it looks like on the surface, and it could threaten our personal freedoms," Maes said.
He added: "These aren't just warm, fuzzy ideas from the mayor. These are very specific strategies that are dictated to us by this United Nations program that mayors have signed on to."
Maes said in a later interview that he was referring to Denver's membership in the International Council for Local Environmental Initiatives, an international association that promotes sustainable development and has attracted the membership of more than 1,200 communities, 600 of which are in the United States.
Denver became a member of the group in 1992, more than a decade before Hickenlooper became mayor. Eric Brown, the mayor's spokesman, said the city's contact with ICLEI "is limited."
George Merritt, a spokesman for the Hickenlooper gubernatorial campaign, said the group's goal is "to bring cities from all over the world together to share best practices and help create the kinds of communities people want to live and do business in. John Hickenlooper believes collaboration leads to smart decisions."
Hickenlooper has often touted bicycling as an environmentally friendly and healthy way for people to commute to work and has said he hopes more people will do so.
Last week, Hickenlooper upset some auto dealers on the eve of a fundraiser when he lauded the city's B-Cycle bike- sharing program at an event and asked: "How do we wean ourselves off automobiles?"
Maes, at the rally July 26, took aim at Denver's bike-sharing program, which he said was promoted by a group that puts the environment above citizens' rights.
The B-Cycle program places a network of about 400 red bikes for rent at stations around the city. It is funded by private donors and grants.
Maes said ICLEI is affiliated with the United Nations and is "signing up mayors across the country, and these mayors are signing on to this U.N. agreement to have their cities abide by this dream philosophy."
The program includes encouraging employers to install showers so more people will ride bikes to work and also creating parking spaces for fuel-efficient vehicles, he said.
Polls show that Maes, a Tea Party favorite, has pulled ahead of former Congressman Scott McInnis, the early frontrunner in the Aug. 10 primary for the Republican gubernatorial nomination. Maes acknowledged that some might find his theories "kooky," but he said there are valid reasons to be worried.
"At first, I thought, 'Gosh, public transportation, what's wrong with that, and what's wrong with people parking their cars and riding their bikes? And what's wrong with incentives for green cars?' But if you do your homework and research, you realize ICLEI is part of a greater strategy to rein in American cities under a United Nations treaty," Maes said.
He said he's worried for Denver because "Mayor Hickenlooper is one of the greatest fans of this program."
"Some would argue this document that mayors have signed is contradictory to our own Constitution," Maes said.
OH!!! That's why I believe in freedom and sharing, I get it now; I HAS to be that I enjoy riding my bike everywhere.
I'd like to mention that likely the only reason these politicians are opposed to a Global Government is that it makes it harder for them to exercise their ability to make ABSOLUTELY NOTHING HAPPEN.
Comments
I don't feel sorry for her at all. She's obviously just a fucking idiot who doesn't understand how to be financially responsible. There is no reason she should have been wasting money traveling on vacations while taking out $92,000 in student loans. She was not just making an investment in school. She was taking advantage of the loan system. She was paying for school just with loans and using her paycheck for recreation. And what does she mean none of her sons can help her? None of them even have a couch for her to sleep on? Why is she wasting $300 in a motel? Where did she get a full set of furniture to sell if she was already out of a job? Did she pay to have it shipped from NY or did she actually waste a few hundred on furniture for her new apartment? And why did she move into an apartment to "look for work"? Why didn't she move in with one of her sons at that point. then she could have actually contributed to the household with her unemployment checks while looking for work. Ya know what? I'm fucking annoyed now. I hate this stupid woman. She wasted her money, the bank's money (she's obviously not paying back her student loans at this point), and the government's (my) money.
EDIT: I looked up Iona College real quick, if she was just outside of NYC, then she was at the New Rochelle campus in Yonkers area. So she had a slightly higher cost of living than if she were upstate. But Unless she was living way beyond her means (which she obviously was if she was if she really has no money left) then her basic cost of living could easily have been under $2000 per month, $24,000 annually(food, rent, utilities, car loan, and student loan). She was taking home at least $36,400 after taxes. So, like I said, I just can't feel bad for her.
While I'm sure there are stories of people who had ample rainy day funds set aside and ran out after a year or more (I imagine it must be exponentially more difficult for people with families), I don't think this is one of those stories. But then again, I am incredibly jaded after dating a girl who lived in a single small room with four beds crammed in it for every member of her family while all four of them together earned in one month of hard work and physical labor what I earned in about two weeks from sitting on my ass in an air conditioned building in front of a computer.
I've seen people live frugally and within their means. I seldom see it in the US. Your vacation is not an entitlement.
Edit: To be clear, I am not begrudging the people looking for work. As I've shown in earlier posts, the jobs simply aren't there. I'm more looking down on the people who are loathe to take significant steps to cut personal costs until it's too late.
I'm sure this is the first, and last sentence you hear in all those "Debt relief" services that charge people an arm and a leg thus putting them further in debt. Seriously, it's really not terribly hard to understand this and yet so many people have trouble with it.
'Tis not, this woman had many options to cut on unneeded expenses and very obviously just didn't take any of them. I'm sure she still has a few viable opportunities to reduce expenses (I.E.: Family members couch) and just refuses to take them so for one reason or another.
Look, I know the obvious first thought is, "She may have a a college degree but she sure was stupid with her money." Well yeah, exactly, what is being implied is that smart people can be shit managers. There are plenty of outrageously intelligent people out there who can't stay out of debt to save their lives, my aunt Claudia for instance.
This woman may have been bad with money, but given her credentials she should have been able to hold a job.
The person addressed in this article was chosen to appeal to a larger audience though. She was one of the masses which spent everything they could. Yeah that's dumb, but people understand her position.
The article here is only one case though. The main point is that people can't live properly anymore. That even those who didn't live beyond their means can't live within their means with the economy the way it is. This one persons featured mismanagement does not represent all or even most of those in this "99er" situation.
None of you are wrong, but you've sorta been distracted by an obvious flaw in the example. Let's move to the focus of the article yeah?
Doesn't matter, it indicates that you're a disciplined enough worker to actually finish a task. That should be enough, and the fact that we're to the point that it isn't well... either our standards are too high or we're fucked.
Recently meaning recent years.
Bike agenda spins cities toward U.N. control, Maes warns
I'd like to mention that likely the only reason these politicians are opposed to a Global Government is that it makes it harder for them to exercise their ability to make ABSOLUTELY NOTHING HAPPEN.