Author Topic: Overheard at Work  (Read 4926828 times)

crispy

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Re: Overheard at Work
« Reply #11750 on: January 04, 2016, 08:07:34 AM »
I find the most curious argument against tattoos is that they will not look as good when you are wrinkly and saggy.  But guess what?  It's not the tattoo that makes you look old*.
They are permanent, though, so it is important to be sure it is something in line with your core self.  It helps to really know yourself.  My friend got a Carebear tattoo when she was 23.  Now, 15 years later ... she still loves it!!!  She knows herself and doesn't give a rat's patoot what other people think. She has maybe a dozen tattoos and none of them were inspired by a night of drinking.  None of my personal friends express regret of their tats.
Not that tattoos are for everyone.  I can barely buy a pair of pants without changing my mind later.

*although placement is important.  I heard of a friend of a friend got some sort of Celtic tattoo around her navel at age 19.  Then she started having kids 3 years later.  I don't know what it ended up looking like, but I could see a person regretting that location.

A friend of a friend has half a dolphin on her stomach...the other half is somewhere in her c-section scar. 


mtn

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Re: Overheard at Work
« Reply #11751 on: January 04, 2016, 08:32:59 AM »
I'm not wholeheartedly against tattoos, but I think the good ones, the ones that actually really mean something significant enough, are few and far between--the sobriety date is a good one. I heard of an relatively young man (maybe 50 or 55) who had Alzheimer's and couldn't remember his wife's name, so he tattooed it on his arm along with her face.  (EDIT: Heard that on the internet or with a bunch of drunk folks, so I question the authenticity of the story. I like it though)

In general though, I think that Jimmy Buffet said it best: A permanent reminder of a temporary feeling.
« Last Edit: January 04, 2016, 08:43:37 AM by mtn »

mlejw6

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Re: Overheard at Work
« Reply #11752 on: January 04, 2016, 08:47:12 AM »
My cousin has a tattoo of cherries on her belly. I think it was closer to her hip, but, well... She got pregnant and they turned into apples.
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JordanOfGilead

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Re: Overheard at Work
« Reply #11753 on: January 05, 2016, 06:13:54 AM »
I like how everybody is questioning the judgment of a person that gets a tattoo based on its permanency and not on the financial cost. Tattoos are effing expensive. Most clean, reputable shops have a minimum of $100 no matter what it is and charge $100+/hr after that, and if you have a talented artist that's doing something with any sort of color or shading bigger than a post-it note, it's going to take over an hour. I have two small ones from my pre-mmm days and they are both extremely meaningful to me, but now that I am more aware of my financial situation, I cannot in any way justify the expense.

Kitsune

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Re: Overheard at Work
« Reply #11754 on: January 05, 2016, 07:00:05 AM »
I like how everybody is questioning the judgment of a person that gets a tattoo based on its permanency and not on the financial cost. Tattoos are effing expensive. Most clean, reputable shops have a minimum of $100 no matter what it is and charge $100+/hr after that, and if you have a talented artist that's doing something with any sort of color or shading bigger than a post-it note, it's going to take over an hour. I have two small ones from my pre-mmm days and they are both extremely meaningful to me, but now that I am more aware of my financial situation, I cannot in any way justify the expense.

This. I was looking into getting a half-sleeve from an artist I adore. 6-month waiting list, 2.5K.

I'd have waited 6 months, no problem. But: I have financial priorities, a house, a kid, and a LOT of other uses for 2.5K. So no half-sleeve for me.

Murse

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Re: Overheard at Work
« Reply #11755 on: January 05, 2016, 11:34:37 AM »
This story has both good and bad in it. One of my coworkers was trying to increase her 457 contributions. We work with our backs to each other and I turned around to speak with her and saw (without trying) her balance after 8 years of working here at around (shooting low) 70k per year her balance is right around 10k. My balance after contributing for 3 months is around 6k. Now I understand that not everyone's lives are like mine and this coworker is a great person and has had a tough life, but 10k after (conservatively) 560k of income?

theotherelise

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Re: Overheard at Work
« Reply #11756 on: January 05, 2016, 12:00:52 PM »
This story has both good and bad in it. One of my coworkers was trying to increase her 457 contributions. We work with our backs to each other and I turned around to speak with her and saw (without trying) her balance after 8 years of working here at around (shooting low) 70k per year her balance is right around 10k. My balance after contributing for 3 months is around 6k. Now I understand that not everyone's lives are like mine and this coworker is a great person and has had a tough life, but 10k after (conservatively) 560k of income?

Maybe she was funding Roth IRAs post tax. I only have about $1000 in my 457 from a couple years ago because I want to focus my retirement contributions on tax free distribution plans. She might only contribute to the 457 the amount above the Roth cap.

runningthroughFIRE

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Re: Overheard at Work
« Reply #11757 on: January 05, 2016, 12:13:05 PM »
I find the most curious argument against tattoos is that they will not look as good when you are wrinkly and saggy.  But guess what?  It's not the tattoo that makes you look old*.
They are permanent, though, so it is important to be sure it is something in line with your core self.  It helps to really know yourself.  My friend got a Carebear tattoo when she was 23.  Now, 15 years later ... she still loves it!!!  She knows herself and doesn't give a rat's patoot what other people think. She has maybe a dozen tattoos and none of them were inspired by a night of drinking.  None of my personal friends express regret of their tats.
Not that tattoos are for everyone.  I can barely buy a pair of pants without changing my mind later.

*although placement is important.  I heard of a friend of a friend got some sort of Celtic tattoo around her navel at age 19.  Then she started having kids 3 years later.  I don't know what it ended up looking like, but I could see a person regretting that location.

A friend of a friend has half a dolphin on her stomach...the other half is somewhere in her c-section scar.
This invoked a mental image of the dolphin looking like it's diving into/out of her stomach.  That could be pretty cool.

steviesterno

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Re: Overheard at Work
« Reply #11758 on: January 05, 2016, 03:49:23 PM »
new one to add: CW bought a new to her 2014 F150 V8 single cab. She drives 60 miles each way every day, for I think $15 an hour or so. They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13% So this $22k truck is going to cost $36k by my math, plus lets say gas averages $3 a gallon x 6 gallons a day X 250 days/year x 5 years = $22,500 in GAS in a $22k truck she's paying 36k for.


wow, $59,000 for a used ford F150. it better do dirty sexual things for that price.

ambimammular

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Re: Overheard at Work
« Reply #11759 on: January 05, 2016, 05:52:03 PM »
I like how everybody is questioning the judgment of a person that gets a tattoo based on its permanency and not on the financial cost. Tattoos are effing expensive. Most clean, reputable shops have a minimum of $100 no matter what it is and charge $100+/hr after that, and if you have a talented artist that's doing something with any sort of color or shading bigger than a post-it note, it's going to take over an hour. I have two small ones from my pre-mmm days and they are both extremely meaningful to me, but now that I am more aware of my financial situation, I cannot in any way justify the expense.

My DH's tattoo was earned as his incentive in paying off a big portion of the house. I can't remember what his artist charges per hour, but by the time he gets it this summer he will have been on her waiting list over three years, transferred to another artist and back, and flown to another country to get it.

notquitefrugal

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Re: Overheard at Work
« Reply #11760 on: January 05, 2016, 07:37:02 PM »
They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13%.

"Wouldn't take" probably means there was too much negative equity to roll into the new loan. After they repo her old car, the finance company will sell it at auction. Then they will probably sue her for the difference between the loan balance, late fees, and repo costs, minus what the old car brought at auction. If her wages are garnished, it may be difficult for her to continue making payments on the new truck. Regardless, she is not likely to have a good outcome.

I did not know anyone would finance a subprime auto loan for seven years (and make no mistake, if it's at 13% interest, it's subprime).
« Last Edit: January 05, 2016, 07:39:04 PM by notquitefrugal »

Murse

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Re: Overheard at Work
« Reply #11761 on: January 05, 2016, 09:38:20 PM »
This story has both good and bad in it. One of my coworkers was trying to increase her 457 contributions. We work with our backs to each other and I turned around to speak with her and saw (without trying) her balance after 8 years of working here at around (shooting low) 70k per year her balance is right around 10k. My balance after contributing for 3 months is around 6k. Now I understand that not everyone's lives are like mine and this coworker is a great person and has had a tough life, but 10k after (conservatively) 560k of income?

Maybe she was funding Roth IRAs post tax. I only have about $1000 in my 457 from a couple years ago because I want to focus my retirement contributions on tax free distribution plans. She might only contribute to the 457 the amount above the Roth cap.

I see your point but knowing her life situation/financial literacy, I don't think this is the case, I doubt she even knows what an Ira is.

BDWW

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Re: Overheard at Work
« Reply #11762 on: January 06, 2016, 12:49:23 AM »
They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13%.

"Wouldn't take" probably means there was too much negative equity to roll into the new loan. After they repo her old car, the finance company will sell it at auction. Then they will probably sue her for the difference between the loan balance, late fees, and repo costs, minus what the old car brought at auction. If her wages are garnished, it may be difficult for her to continue making payments on the new truck. Regardless, she is not likely to have a good outcome.

I did not know anyone would finance a subprime auto loan for seven years (and make no mistake, if it's at 13% interest, it's subprime).

Not THAT subprime. I have a friend who financed a car at 24.9%. It also had a lojack type thing that beeped if you were late on payments, and wouldn't allow the car to start if you were 30 days late.

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Re: Overheard at Work
« Reply #11763 on: January 06, 2016, 04:26:51 AM »
Not THAT subprime. I have a friend who financed a car at 24.9%. It also had a lojack type thing that beeped if you were late on payments, and wouldn't allow the car to start if you were 30 days late.
Now THAT is anti-Mustachian comedy gold right there. Wow.
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steviesterno

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Re: Overheard at Work
« Reply #11764 on: January 06, 2016, 05:24:35 AM »
Not THAT subprime. I have a friend who financed a car at 24.9%. It also had a lojack type thing that beeped if you were late on payments, and wouldn't allow the car to start if you were 30 days late.
Now THAT is anti-Mustachian comedy gold right there. Wow.

reminds me of when Andy Dweyer on Parks and Rec is excited to get a new motorcycle and brags, " oh yeah, it's 18% interest. pretty much the highest you can get" like it's a victory.

But I park next to said CW, and it's a pretty truck but no thank you. I'll take years of my life please.

The Guru

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Re: Overheard at Work
« Reply #11765 on: January 06, 2016, 05:26:54 AM »
new one to add: CW bought a new to her 2014 F150 V8 single cab. She drives 60 miles each way every day, for I think $15 an hour or so. They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13% So this $22k truck is going to cost $36k by my math, plus lets say gas averages $3 a gallon x 6 gallons a day X 250 days/year x 5 years = $22,500 in GAS in a $22k truck she's paying 36k for.


wow, $59,000 for a used ford F150. it better do dirty sexual things for that price.

She's getting screwed all right.

jinga nation

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Re: Overheard at Work
« Reply #11766 on: January 06, 2016, 08:19:35 AM »
Not THAT subprime. I have a friend who financed a car at 24.9%. It also had a lojack type thing that beeped if you were late on payments, and wouldn't allow the car to start if you were 30 days late.
This is SOP for my neighbor who's a user car dealer in a low-income/ working class area.
A daycare worker I know bought a vehicle with the above "options". But it is a great deal at $99/month.
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mtn

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Re: Overheard at Work
« Reply #11767 on: January 06, 2016, 08:21:34 AM »
They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13%.

"Wouldn't take" probably means there was too much negative equity to roll into the new loan. After they repo her old car, the finance company will sell it at auction. Then they will probably sue her for the difference between the loan balance, late fees, and repo costs, minus what the old car brought at auction. If her wages are garnished, it may be difficult for her to continue making payments on the new truck. Regardless, she is not likely to have a good outcome.

I did not know anyone would finance a subprime auto loan for seven years (and make no mistake, if it's at 13% interest, it's subprime).

Probably won't sue her, often too much money and a settlement can be reached prior to it going that far. But yeah, that is correct.

Vertical Mode

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Re: Overheard at Work
« Reply #11768 on: January 06, 2016, 09:52:44 AM »
About a month after I started working at my current job a coworker and I were eating lunch together and she said, "So you eat leftovers for lunch like every day, huh?"

My SO and I meal plan and bring lunches to work every day. It was particularly funny because this coworker's lunches usually consist of a pack of crackers and a can of tuna, or something similarly prepackaged and boring, whereas I bring homemade curries and the like, yet my lunches are "gross" because they're "leftovers"....
If you planned to bring it to work, it's not really leftovers. Call it home manufacturing if you want ;)

We call them "planovers". As in, we planned to have leftovers specifically for this purpose. Seems to be pretty efficient to batch-cook several things at once and have lunch made for the week.
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MishMash

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Re: Overheard at Work
« Reply #11769 on: January 06, 2016, 10:32:06 AM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle.  In the past month CW1 has found out his wife is pregnant, subsequently put in a contract on a new build home in Gainesville va, with so far, 35k in upgrades,...we work in the DC area...so yea that's a RIDICULOUS commute and I'm pretty sure he earns about 60k or under a year.

sw1tch

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Re: Overheard at Work
« Reply #11770 on: January 06, 2016, 11:17:58 AM »
This story has both good and bad in it. One of my coworkers was trying to increase her 457 contributions. We work with our backs to each other and I turned around to speak with her and saw (without trying) her balance after 8 years of working here at around (shooting low) 70k per year her balance is right around 10k. My balance after contributing for 3 months is around 6k. Now I understand that not everyone's lives are like mine and this coworker is a great person and has had a tough life, but 10k after (conservatively) 560k of income?

Maybe she was funding Roth IRAs post tax. I only have about $1000 in my 457 from a couple years ago because I want to focus my retirement contributions on tax free distribution plans. She might only contribute to the 457 the amount above the Roth cap.

I can't resist commenting on this.  From my research, I've found that you should always contribute to your 457B first.  It's pre-tax dollars (up to $18,000 maximum this year) and can be withdrawn without penalties after you leave that job; there's no 10% penalty until 59.5 like 401K's have.

I made the mistake of investing in a Roth IRA and the 401K before I realized how much "better" the 457 plan is than the 401.  Granted, I can understand the desire to invest in a Roth IRA if you want/need some sort of emergency fund, but otherwise the 457 trumps it IMO.

Ok, now back on topic.. I don't have anything overheard at the moment...
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TheOldestYoungMan

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Re: Overheard at Work
« Reply #11771 on: January 06, 2016, 11:29:18 AM »
I heard of an relatively young man (maybe 50 or 55) who had Alzheimer's and couldn't remember his wife's name, so he tattooed it on his arm along with her face. 

I've heard of women getting their own names tattooed above their arse, but to have one willing to get a tattoo of their own name on their face just to help me out, that's a level of commitment I can't really imagine.
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Re: Overheard at Work
« Reply #11772 on: January 06, 2016, 11:32:36 AM »
I heard of an relatively young man (maybe 50 or 55) who had Alzheimer's and couldn't remember his wife's name, so he tattooed it on his arm along with her face. 

I've heard of women getting their own names tattooed above their arse, but to have one willing to get a tattoo of their own name on their face just to help me out, that's a level of commitment I can't really imagine.

I would assume it was an image of her face tattooed on his arm, not her name tattooed on her own face.

RWD

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Re: Overheard at Work
« Reply #11773 on: January 06, 2016, 11:33:50 AM »
I heard of an relatively young man (maybe 50 or 55) who had Alzheimer's and couldn't remember his wife's name, so he tattooed it on his arm along with her face. 

I've heard of women getting their own names tattooed above their arse, but to have one willing to get a tattoo of their own name on their face just to help me out, that's a level of commitment I can't really imagine.

I would assume it was an image of her face tattooed on his arm, not her name tattooed on her own face.

That is how I understood it as well.

mm1970

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Re: Overheard at Work
« Reply #11774 on: January 06, 2016, 11:58:46 AM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle.  In the past month CW1 has found out his wife is pregnant, subsequently put in a contract on a new build home in Gainesville va, with so far, 35k in upgrades,...we work in the DC area...so yea that's a RIDICULOUS commute and I'm pretty sure he earns about 60k or under a year.
Ouch.  My nephew lives in Bristow, VA.  When I lived in the area and worked in Crystal City, we had coworkers who lived in Centreville.  At the time (90's), that's as far out as anyone really lived and commuted.

mtn

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Re: Overheard at Work
« Reply #11775 on: January 06, 2016, 12:00:12 PM »
I heard of an relatively young man (maybe 50 or 55) who had Alzheimer's and couldn't remember his wife's name, so he tattooed it on his arm along with her face. 

I've heard of women getting their own names tattooed above their arse, but to have one willing to get a tattoo of their own name on their face just to help me out, that's a level of commitment I can't really imagine.

I would assume it was an image of her face tattooed on his arm, not her name tattooed on her own face.

That is how I understood it as well.

This. So he would look at his arm, see a face, and underneath the face a name. Maybe it said "wife" too.

Don't know if it is true or not though.

MrMoogle

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Re: Overheard at Work
« Reply #11776 on: January 06, 2016, 01:01:51 PM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle.  In the past month CW1 has found out his wife is pregnant, subsequently put in a contract on a new build home in Gainesville va, with so far, 35k in upgrades,...we work in the DC area...so yea that's a RIDICULOUS commute and I'm pretty sure he earns about 60k or under a year.

Most likely a steroid stack...

MishMash

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Re: Overheard at Work
« Reply #11777 on: January 06, 2016, 01:27:31 PM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle.  In the past month CW1 has found out his wife is pregnant, subsequently put in a contract on a new build home in Gainesville va, with so far, 35k in upgrades,...we work in the DC area...so yea that's a RIDICULOUS commute and I'm pretty sure he earns about 60k or under a year.

Most likely a steroid stack...

Whelp...goes to show how much I know about lifting...and that would make it just THAT much worse.

TheInsuranceMan

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Re: Overheard at Work
« Reply #11778 on: January 06, 2016, 02:53:46 PM »
new one to add: CW bought a new to her 2014 F150 V8 single cab. She drives 60 miles each way every day, for I think $15 an hour or so. They wouldn't take her old car in on trade, so the dealer actually advised her to LET IT GET REPOSSESSED! it would be her 3rd repo, but shouldn't matter because she will still be paying on the truck in 7 years when her credit is "better". It's so good now her interest rate is 13% So this $22k truck is going to cost $36k by my math, plus lets say gas averages $3 a gallon x 6 gallons a day X 250 days/year x 5 years = $22,500 in GAS in a $22k truck she's paying 36k for.


wow, $59,000 for a used ford F150. it better do dirty sexual things for that price.

Not that this CW made a good decision, but seriously, why are people still assuming fuel is $3 a gallon?  From where I sit, I see a gas station that has gas at $1.79 and diesel at $2.19.  In fact, I believe we ended 2015, at least here in the states, with an average price per gallon of gasoline at $2.00.

Now, that's still stupid for that personals financial situation, and a LOT of fuel, but why does everyone on MMM have to get so judgy over people's decisions?

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Re: Overheard at Work
« Reply #11779 on: January 06, 2016, 03:07:13 PM »

Not that this CW made a good decision, but seriously, why are people still assuming fuel is $3 a gallon?  From where I sit, I see a gas station that has gas at $1.79 and diesel at $2.19.  In fact, I believe we ended 2015, at least here in the states, with an average price per gallon of gasoline at $2.00.
It's $2.0x here or $1.9x at the cash-only place, but anyway...

Because it being < $2.50/gal for 6 months doesn't have most of us assuming that's the new normal. My husband thinks OPEC is artificially lowering their prices temporarily to manipulate the election. I don't know about that, but given it was $4/gal for a while there, $3 seems to be the average over the last 15 years.

o2bfree

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Re: Overheard at Work
« Reply #11780 on: January 06, 2016, 03:09:33 PM »
Now, that's still stupid for that personals financial situation, and a LOT of fuel, but why does everyone on MMM have to get so judgy over people's decisions?

That's kinda the whole point of this topic, to shake our heads at people who make ridiculous financial decisions they can't afford.

TheInsuranceMan

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Re: Overheard at Work
« Reply #11781 on: January 06, 2016, 03:14:49 PM »
Now, that's still stupid for that personals financial situation, and a LOT of fuel, but why does everyone on MMM have to get so judgy over people's decisions?

That's kinda the whole point of this topic, to shake our heads at people who make ridiculous financial decisions they can't afford.

Okay, you win that point.

Squirrel away

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Re: Overheard at Work
« Reply #11782 on: January 07, 2016, 02:37:26 AM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle. 

That made me lol!

Pooplips

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Re: Overheard at Work
« Reply #11783 on: January 07, 2016, 06:32:37 AM »

Not that this CW made a good decision, but seriously, why are people still assuming fuel is $3 a gallon?  From where I sit, I see a gas station that has gas at $1.79 and diesel at $2.19.  In fact, I believe we ended 2015, at least here in the states, with an average price per gallon of gasoline at $2.00.
It's $2.0x here or $1.9x at the cash-only place, but anyway...

Because it being < $2.50/gal for 6 months doesn't have most of us assuming that's the new normal. My husband thinks OPEC is artificially lowering their prices temporarily to manipulate the election. I don't know about that, but given it was $4/gal for a while there, $3 seems to be the average over the last 15 years.

I wonder what those numbers look like inflation adjusted. I might have to do some research this morning.

KodeBlue

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Re: Overheard at Work
« Reply #11784 on: January 07, 2016, 06:42:46 AM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

mtn

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Re: Overheard at Work
« Reply #11785 on: January 07, 2016, 08:20:36 AM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

I spent $10 on the tickets. Not sure I got $10 worth of daydreaming. Probably only about $7. I'll have to see if I won anything, but I don't think I did.

frugalnacho

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Re: Overheard at Work
« Reply #11786 on: January 07, 2016, 08:29:49 AM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

I spent $10 on the tickets. Not sure I got $10 worth of daydreaming. Probably only about $7. I'll have to see if I won anything, but I don't think I did.



EDIT: found a better picture
« Last Edit: January 07, 2016, 08:34:21 AM by frugalnacho »

MgoSam

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Re: Overheard at Work
« Reply #11787 on: January 07, 2016, 08:42:33 AM »
Yeah, a few years ago I would buy a lottery ticket every so often. In my head the reasoning was, 'it's only $1 and the dream of not worrying about money,' but then I realized how badly I was wasting my money, and more importantly, that this could let such an improbable dream guide me away from things that truly matter in life.

mtn

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Re: Overheard at Work
« Reply #11788 on: January 07, 2016, 08:56:45 AM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

I spent $10 on the tickets. Not sure I got $10 worth of daydreaming. Probably only about $7. I'll have to see if I won anything, but I don't think I did.



EDIT: found a better picture

Actually, I didn't! I lost $2 (spent $10, won $8).

The $2 was turned into postage stamps.

fattest_foot

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Re: Overheard at Work
« Reply #11789 on: January 07, 2016, 10:09:51 AM »
Related since people at work were talking about the lottery.

I had said that the reason I didn't buy a lottery ticket for yesterday's drawing is that to me, there's not really any difference between whatever the base amount is and these $500 million+ ones. I said that once I got to something like the $4-5 million range, I wouldn't even be able to spend that much money. If I were buying a ticket for this one, I have no real reason not to buy a ticket for every drawing. I got all kinds of looks like I was crazy.

I then stated that "With $200 million, you literally wouldn't be able to spend the earnings on that money."
The response was laughs and "Are you kidding? I could easily spend that much!"

Maybe they just didn't do the math, but you're talking about conservatively $8 million a year.

JLee

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Re: Overheard at Work
« Reply #11790 on: January 07, 2016, 10:50:19 AM »
Related since people at work were talking about the lottery.

I had said that the reason I didn't buy a lottery ticket for yesterday's drawing is that to me, there's not really any difference between whatever the base amount is and these $500 million+ ones. I said that once I got to something like the $4-5 million range, I wouldn't even be able to spend that much money. If I were buying a ticket for this one, I have no real reason not to buy a ticket for every drawing. I got all kinds of looks like I was crazy.

I then stated that "With $200 million, you literally wouldn't be able to spend the earnings on that money."
The response was laughs and "Are you kidding? I could easily spend that much!"

Maybe they just didn't do the math, but you're talking about conservatively $8 million a year.

My napkin math put it around $150mil lump sum post-tax, for a ~$4mil net annual income at 4%.

I could sponsor a $500k kickstart-to-ER donation for a random Mustachian every three months and still have millions a year...

frugalnacho

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Re: Overheard at Work
« Reply #11791 on: January 07, 2016, 10:57:51 AM »
1. never underestimate the stupidity of people.  You can't think of a way to spend that much money, but there are lots of celebrities who have easily earned that much and are bankrupt now.

2. I agree that it's far too much money for me to ever personally use, but can you imagine the good you could do in the world if you possessed $500M?  How many millions of starving children you could help? How much fresh water you could bring to poverty stricken areas? $20M/year could go a hell of a long way in improving the lives of so many people.

mlejw6

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Re: Overheard at Work
« Reply #11792 on: January 07, 2016, 11:10:54 AM »

Not that this CW made a good decision, but seriously, why are people still assuming fuel is $3 a gallon?  From where I sit, I see a gas station that has gas at $1.79 and diesel at $2.19.  In fact, I believe we ended 2015, at least here in the states, with an average price per gallon of gasoline at $2.00.
It's $2.0x here or $1.9x at the cash-only place, but anyway...

Because it being < $2.50/gal for 6 months doesn't have most of us assuming that's the new normal. My husband thinks OPEC is artificially lowering their prices temporarily to manipulate the election. I don't know about that, but given it was $4/gal for a while there, $3 seems to be the average over the last 15 years.

Actually, oil prices are low because some country in the middle east (probably the Saudis) normally stops selling oil when there is a glut in the market. However, this time (sometime in 2015) they decided to continue selling and are still selling, so there is even more oil available, thus lowering the prices even more. I have no source for you, because I am at work and shouldn't be wandering around the interwebs like this. But, that is what I've heard. Which, doesn't actually contradict what you said at all. Anyway.

Edited for reading comprehension.
« Last Edit: January 07, 2016, 11:18:53 AM by mlejw6 »
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marcela

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Re: Overheard at Work
« Reply #11793 on: January 07, 2016, 11:23:59 AM »
My boss was complaining about not getting reimbursed for a hotel stay quick enough (In late November, we were informed no reimbursements would go out between Dec14th and January 4th) and it forced her to bounce checks. She makes 6 figures, I don't get how this became a problem.

I now understand why she flipped out when it took them 3 months to reimburse me for a conference. If she can't maintain cashflow to handle those charges, it must be impossible for her to imagine I can making half as much as she does!

MandalayVA

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Re: Overheard at Work
« Reply #11794 on: January 07, 2016, 11:24:21 AM »
CW 1:  Man, I'm so broke, between Christmas, the pregnancy and the new house I am strapped"
CW2" that sucks man, when is your new stack getting here?"  ***I THINK a stack is some sort of weight lifting equipment based on the way the conversation went*****
CW1:  I dunno man I just ordered it yesterday
CW2:  Man that site I sent you, they usually have it to you in 2 days, they cost a bit more but the shipping is fast
CW1:  For $1700 I'd hope the shipping is quick!

For the record, these are the same two idiots that couldn't figure out the tea kettle.  In the past month CW1 has found out his wife is pregnant, subsequently put in a contract on a new build home in Gainesville va, with so far, 35k in upgrades,...we work in the DC area...so yea that's a RIDICULOUS commute and I'm pretty sure he earns about 60k or under a year.
Ouch.  My nephew lives in Bristow, VA.  When I lived in the area and worked in Crystal City, we had coworkers who lived in Centreville.  At the time (90's), that's as far out as anyone really lived and commuted.

Sadly I've seen that beat--a few years ago the local paper ran a piece about people who commuted to DC ... from Richmond.  Not only is Richmond ninety miles from DC, the rush hour clusterfuck on the roads south of there is awful.  I remember one woman having to leave her house at FOUR A.M. to make sure she got to her job on time.  Her job started at NINE.
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Re: Overheard at Work
« Reply #11795 on: January 07, 2016, 11:41:50 AM »

Actually, oil prices are low because some country in the middle east (probably the Saudis) normally stops selling oil when there is a glut in the market. However, this time (sometime in 2015) they decided to continue selling and are still selling, so there is even more oil available, thus lowering the prices even more. I have no source for you, because I am at work and shouldn't be wandering around the interwebs like this. But, that is what I've heard. Which, doesn't actually contradict what you said at all. Anyway.

Edited for reading comprehension.
Yeah, usually the Saudis (and the others of OPEC) would normally decrease production to drive prices higher.  The shale gas boom in the US drove down prices, so OPEC actually *increased* production to drive prices low enough to knock the newcomers out of business.  It's working to an extent--my in-laws live in a town with heavy oil/gas industry, and it's been hit pretty hard--but enough production has now been brought online that the damage to OPEC has been done.  They don't have quite as much of a monopoly as they used to.

mtn

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Re: Overheard at Work
« Reply #11796 on: January 07, 2016, 11:58:07 AM »
Related since people at work were talking about the lottery.

I had said that the reason I didn't buy a lottery ticket for yesterday's drawing is that to me, there's not really any difference between whatever the base amount is and these $500 million+ ones. I said that once I got to something like the $4-5 million range, I wouldn't even be able to spend that much money. If I were buying a ticket for this one, I have no real reason not to buy a ticket for every drawing. I got all kinds of looks like I was crazy.

I then stated that "With $200 million, you literally wouldn't be able to spend the earnings on that money."
The response was laughs and "Are you kidding? I could easily spend that much!"

Maybe they just didn't do the math, but you're talking about conservatively $8 million a year.

My thing is guilt. It is self imposed, for sure, but if I won a $2 million lottery, then I'd have enough to retire (assuming half goes to taxes). I'd feel guilty about the folks around me who need help, but not be able to help them.

If I won a $200 million lottery, and kept $100 million after taxes, I could take $8 million and live off of that for the rest of my life. I'd have an insane life. It would be wonderful. Then I have $92 million to help my MIL with her MS, build a new school, contribute to cancer research, etc.

I know that doesn't make a lot of sense logically, but it works for me.

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Re: Overheard at Work
« Reply #11797 on: January 07, 2016, 12:08:32 PM »
Related since people at work were talking about the lottery.

I had said that the reason I didn't buy a lottery ticket for yesterday's drawing is that to me, there's not really any difference between whatever the base amount is and these $500 million+ ones. I said that once I got to something like the $4-5 million range, I wouldn't even be able to spend that much money. If I were buying a ticket for this one, I have no real reason not to buy a ticket for every drawing. I got all kinds of looks like I was crazy.

I then stated that "With $200 million, you literally wouldn't be able to spend the earnings on that money."
The response was laughs and "Are you kidding? I could easily spend that much!"

Maybe they just didn't do the math, but you're talking about conservatively $8 million a year.

Lol, that's exactly why I occasionally play my state lottery instead of the powerball or whatever mega thing there is.  I figure my odds are better to win a smaller amount.  I'm very rational in my irrational expenditures.

An extra 100 million won't make me happier, but enough to retire (even the 2nd prize levels) would be great.

Depending on your family's situation, there's something to be said in having enough to allow them to spend more time with you and less working.  I might not personally be happier spending an extra million, but if that million can help my family retire I'll be happier spending more time with them.
« Last Edit: January 07, 2016, 12:14:02 PM by dragoncar »

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Re: Overheard at Work
« Reply #11798 on: January 07, 2016, 12:50:32 PM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

I spent $10 on the tickets. Not sure I got $10 worth of daydreaming. Probably only about $7. I'll have to see if I won anything, but I don't think I did.
I guess what made me think of this as facepunch or at least facepalm worthy is the idea of someone who makes about $12/hr spending $200 in one fell swoop on tickets. Ouch.

mtn

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Re: Overheard at Work
« Reply #11799 on: January 07, 2016, 01:03:30 PM »
I heard a housekeeper at my hospital saying she spent $200 on Powerball tickets. Nuff said.

I spent $10 on the tickets. Not sure I got $10 worth of daydreaming. Probably only about $7. I'll have to see if I won anything, but I don't think I did.
I guess what made me think of this as facepunch or at least facepalm worthy is the idea of someone who makes about $12/hr spending $200 in one fell swoop on tickets. Ouch.

Ooof. Yeah, that isn't good. I won't notice my $10; it did come out of my entertainment budget after all.