Author Topic: Overheard on Facebook  (Read 2016814 times)

infogoon

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Re: Overheard on Facebook
« Reply #6150 on: February 21, 2017, 08:54:39 AM »
Someone in a message thread on the "Trump Surge" in stock prices since the election said that it's proof that the system is rigged to only benefit the "corporate masters" and the 1%.

I amended it to include the corporate masters, the 1%, and the millions of Americans hoping to retire with the contents of their 401k, and was told that I just don't get it.

cheapass

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Re: Overheard on Facebook
« Reply #6151 on: February 21, 2017, 09:56:59 AM »
Someone in a message thread on the "Trump Surge" in stock prices since the election said that it's proof that the system is rigged to only benefit the "corporate masters" and the 1%.

I amended it to include the corporate masters, the 1%, and the millions of Americans hoping to retire with the contents of their 401k, and was told that I just don't get it.

401K?? That's just wall street stealin' yer money! I've got a good ol' fashioned pension! (doesn't realize that pensions are invested are subject to the same stock market performance for their solvency)
Every single decision you make with money either shortens or lengthens your working career.

mm1970

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Re: Overheard on Facebook
« Reply #6152 on: February 21, 2017, 11:23:50 AM »
"Ever wonder why we are conditioned from an early age to go to college and get a good JOB while very little wealth is derived from that box?"

"If we are every going to be wealthy, we have to think like wealthy people do.  That means replacing old, limiting beliefs with more effective and useful ones.  We have to get CRYSTAL CLEAR on our vision to create a better future, to create success and be free!  We have to COMMIT to move over from the left side of the quadrant to the right side of the quadrant as quick as possible."

"I'm excited to have a system that my team and I are using to leverage our time and money to build true time and financial freedom.  Do you?"

That's such a vague description of what a person needs to do! It says nothing with the maximum number of words. Imagine trying to get a start in adult life without a wise elder coaching you a little and noticing a stream of articles or ads like this. It would be so frustrating!

It is harder to make a living as an employee if you find yourself working for some stingy employer where the financial reward stays with the top level management and everyone else gets lip service. Everyone ought to work for one of those companies at least once.

"I know we had the best year ever in the history of the company on the sweat and tears of your department but we aren't giving out bonuses or raises at this time..." (silently vowing to start your new job search right then and there...)
It's a lot of words to say nothing, true.  I think that's the goal.  A lot of MLMs have "scripts" that tug on your heart, and inspire you, but give no real details.  "Join my team to get the details!"

VeggieTable

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Re: Overheard on Facebook
« Reply #6153 on: February 22, 2017, 02:04:01 PM »
And even if you are not paid fairly and deserve more, this does not free you from being responsible with the money you have.

It's like saying "I worked so hard, I deserve not having to take a shower"

This. Like, even if the system is a mess and needs improving, what's wrong with doing what you can to succeed/survive in the system that you're stuck in? Isn't doing better preferable, no matter how messed up the system is?

Because it removes agency. "it's not my fault I can't save money, it's everybody else's."  I saw the meme the other day and all of my most intelligent friends were falling over themselves about how it is SO TRUE.

Seriously. The person who posted this is a very smart guy & I was really surprised to see him posting such a piece of garbage. It took me mere seconds to figure out how much money that is per year, and hence what a waste it is.
 
OMFG, IS THAT PIECE OF GARBAGE GOING AROUND AGAIN?!?!!?

See, here's the thing. $1040/year ($20/week times 52 weeks), post-tax, is $1,286 pre-tax (7.65% SSA, 1.45% Medicare, 10% federal). That, ladies and gentlemen, is more than TWO WEEKS PAY, 40 hours/week, $15/hour. That's paid sick leave. That's paid vacation. That's "take time off to interview for a better job" money.

Everyone "deserves" small pleasures, sure. When your indulgence is more than two weeks' pay per year, that is no longer a "small pleasure".

The math doesn't lie.

This is what made me so mad. For someone with a well-paying job, $20/week is negligible. For someone working at Walmart making $9.50/hr, 30 hrs a week, $20/week on coffee works out to almost one month's pay! How is that a "small pleasure"?  If you insist on buying coffee every day instead of making it at home, at least get it for $1 from McDonald's.

ringer707

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Re: Overheard on Facebook
« Reply #6154 on: February 22, 2017, 02:11:32 PM »
Friend from college has frequently posted lamenting the fact that he can't get a good job/can't figure out what he wants to do. He's been waiting tables pretty much since graduation 6 years ago I think. He got a pretty good degree (in my opinion)- Communications (all of my other friends with degrees in that field from college got decent jobs). He at one time posted he was going to go back and get ANOTHER bachelor's degree in some science-field from a liberal arts college, but I don't think that ever panned out.

Well he posted recently about how he was going to change everything this year and really get things moving in his career no matter what. Good for him. Today he post's he is now a proud distributor of this year's hottest (multi-level marketing scheme). Where is the facepalm emoji? My heart hurts for him. He is such a nice guy.


In other Facebook/MLM news, a friend who has been doing Pure Romance parties for a long time posted the other day that she was getting out of it and selling off all her stock for what she paid. She said she's spent thousands of dollars on products and has only made a few hundred. Shocker.

JAYSLOL

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Re: Overheard on Facebook
« Reply #6155 on: February 22, 2017, 02:42:44 PM »
Someone on the FB buy and sell group posted a 2015 Hyundai Elantra for sale, and down in the comments left this gem

"Amazing car. LOVE it!!! Would far rather keep this than the other but the other has more negative equity... life decisions. Blah."

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Re: Overheard on Facebook
« Reply #6156 on: February 22, 2017, 07:51:19 PM »
Someone on the FB buy and sell group posted a 2015 Hyundai Elantra for sale, and down in the comments left this gem

"Amazing car. LOVE it!!! Would far rather keep this than the other but the other has more negative equity... life decisions. Blah."

this is priceless
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frugalnacho

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Re: Overheard on Facebook
« Reply #6157 on: February 24, 2017, 07:13:46 AM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.

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Re: Overheard on Facebook
« Reply #6158 on: February 24, 2017, 10:52:45 AM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.

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Metric Mouse

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Re: Overheard on Facebook
« Reply #6159 on: February 25, 2017, 12:31:17 AM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.
I can think of several other things to do with a couch that does not involve sitting on it very much.
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Re: Overheard on Facebook
« Reply #6160 on: February 25, 2017, 07:19:46 AM »
Again, not Facebook, but on the interwebz.  I'm considering going to look at a retired racehorse that is for sale on Craigslist for $1,500.  This would be a project and I'd hope to upgrade his situation and sell him for $5,000-10,000 within a year or so.  Anyway, I got his registered name last night and started rooting around in racehorse records.  He has a famous daddy whose stud fee is currently $100,000.  This horse was sold at auction as a yearling for $235,000, and won $155,000 over 19 races and 5 years, which probably didn't pay for his training and racing expenses, much less initial purchase price. He raced at nicer tracks like Santa Anita as recently as last summer, then somehow ended up in eastern Idaho and is now possibly worth $1,500 if he's not physically wrecked.  This is by no means an unusual trajectory for a race horse, and it's amazing that the business keeps going.

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Re: Overheard on Facebook
« Reply #6161 on: February 25, 2017, 08:37:15 AM »
Just curious:  How do you "upgrade" a retired racehorse to make him worth more?  Would you just be buying him as a riding horse, improving his manners, and then selling him as a stud?
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Re: Overheard on Facebook
« Reply #6162 on: February 25, 2017, 08:44:17 AM »
Just curious:  How do you "upgrade" a retired racehorse to make him worth more?  Would you just be buying him as a riding horse, improving his manners, and then selling him as a stud?
Get him fit and start him on the way to being a competition horse in dressage, showjumping or three day eventing, depending on his talents and inclinations.  A year of solid work by an expert would be enough to put him into starter-level competitions and show his potential.
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Re: Overheard on Facebook
« Reply #6163 on: February 25, 2017, 09:13:20 AM »
Just curious:  How do you "upgrade" a retired racehorse to make him worth more?  Would you just be buying him as a riding horse, improving his manners, and then selling him as a stud?
Get him fit and start him on the way to being a competition horse in dressage, showjumping or three day eventing, depending on his talents and inclinations.  A year of solid work by an expert would be enough to put him into starter-level competitions and show his potential.

Yep.  Their racing careers are usually over when they are 4-7 years old, and if they don't have chronic injuries, they can be excellent riding horses for another decade or more.  When I say "upgrade" this horse is not in great physical condition right now, and is in danger of ending up in a bad situation.  If I can give him some marketable skills, he can have a cushy life as a lower-level competition and pleasure riding horse.  The $1,500 price bracket is a dangerous place for a horse because at that price point, things like being ridden to death on a hunting trip, and then abandoned in the wilderness, or just not receiving proper feed and veterinary care tend to happen.

Inaya

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Re: Overheard on Facebook
« Reply #6164 on: February 25, 2017, 12:10:52 PM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.
I can think of several other things to do with a couch that does not involve sitting on it very much.
Better get the stains out before you try to sell it.
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swashbucklinstache

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Re: Overheard on Facebook
« Reply #6165 on: February 25, 2017, 07:47:36 PM »
And even if you are not paid fairly and deserve more, this does not free you from being responsible with the money you have.

It's like saying "I worked so hard, I deserve not having to take a shower"

This. Like, even if the system is a mess and needs improving, what's wrong with doing what you can to succeed/survive in the system that you're stuck in? Isn't doing better preferable, no matter how messed up the system is?

Because it removes agency. "it's not my fault I can't save money, it's everybody else's."  I saw the meme the other day and all of my most intelligent friends were falling over themselves about how it is SO TRUE.

Seriously. The person who posted this is a very smart guy & I was really surprised to see him posting such a piece of garbage. It took me mere seconds to figure out how much money that is per year, and hence what a waste it is.
 
OMFG, IS THAT PIECE OF GARBAGE GOING AROUND AGAIN?!?!!?

See, here's the thing. $1040/year ($20/week times 52 weeks), post-tax, is $1,286 pre-tax (7.65% SSA, 1.45% Medicare, 10% federal). That, ladies and gentlemen, is more than TWO WEEKS PAY, 40 hours/week, $15/hour. That's paid sick leave. That's paid vacation. That's "take time off to interview for a better job" money.

Everyone "deserves" small pleasures, sure. When your indulgence is more than two weeks' pay per year, that is no longer a "small pleasure".

The math doesn't lie.

This is what made me so mad. For someone with a well-paying job, $20/week is negligible. For someone working at Walmart making $9.50/hr, 30 hrs a week, $20/week on coffee works out to almost one month's pay! How is that a "small pleasure"?  If you insist on buying coffee every day instead of making it at home, at least get it for $1 from McDonald's.

I think we're all on the same page here, but there is something to be said about the difference between a micro/macro view of the particular situation that sometimes I think people miss on here. I don't mean you in this situation, but it can be an important distinction to make. Like, for any given individual in this situation certainly they should be mustachian, but that doesn't prevent me from lamenting that people are put in the position where a cup of coffee a day takes 2 weeks worth of pay.

People also sometimes don't look at the other side of the coin on this - 5 or 10 years from now that (exact quality/brand etc.) cup of coffee could easily be 4 or 6 weeks worth of pay for this bracket in this country, especially in a resource constrained global economy. That cuts both ways... definitely should be mustachian in that situation, but it's also a much tougher macro situation.

Blah. I can tell you guys get this, but i'm feeling pessimistic about my country/world today. Hopefully it goes the other way and we all get 70 degree sunshine days every day with free robot-grown food with no required jobs at all! :)
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Re: Overheard on Facebook
« Reply #6166 on: February 25, 2017, 10:16:36 PM »
Like, for any given individual in this situation certainly they should be mustachian, but that doesn't prevent me from lamenting that people are put in the position where a cup of coffee a day takes 2 weeks worth of pay.

Huh???

It doesn't cost anyone in this country 2 weeks pay for a cup of coffee a day!

It costs 2 weeks pay to cover for someone to start a business, build a building and equip it, hire and train people to make the coffee, and then pay them to do the work of making coffee for them and for them to pocket a profit.

You can add all the fancy-pants words around that activity you want, but it doesn't change the fact that most people cannot afford to hire an army of cooks and servants.



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Re: Overheard on Facebook
« Reply #6167 on: February 25, 2017, 10:25:04 PM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.
I can think of several other things to do with a couch that does not involve sitting on it very much.
Better get the stains out before you try to sell it.
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Ayanka

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Re: Overheard on Facebook
« Reply #6168 on: February 26, 2017, 01:09:29 AM »
Febreeze apparently does wonders with food stains so maybe try that one for the stains on the couch?

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Re: Overheard on Facebook
« Reply #6169 on: February 26, 2017, 09:55:42 AM »
Like, for any given individual in this situation certainly they should be mustachian, but that doesn't prevent me from lamenting that people are put in the position where a cup of coffee a day takes 2 weeks worth of pay.

Huh???

It doesn't cost anyone in this country 2 weeks pay for a cup of coffee a day!

It costs 2 weeks pay to cover for someone to start a business, build a building and equip it, hire and train people to make the coffee, and then pay them to do the work of making coffee for them and for them to pocket a profit.

You can add all the fancy-pants words around that activity you want, but it doesn't change the fact that most people cannot afford to hire an army of cooks and servants.

All that you say is immediately true for this example, and certainly applicable to many others, including more extreme examples as well. Stepping away from this example, however, I mean it simply to mean that it may make a great society/country where it costs so much for something so simple, from an effective efficiency of production standpoint. Not that any individual actors aren't making rational decisions in this situation (e.g. of course it is fair for the coffee shop owner to charge those prices).

But, the overall point of my post was to gently say out loud that while there are many things that individuals can do to make their own lives better that doesn't mean we should forget about macro level decisions that affect these people, especially when projecting into the future.

It's not all doom and gloom of course, 15 years ago it would have taken years of work to afford a computer as powerful as the (cheap) one I'm typing into now! And, everyone being mustachian (might) lead to a tremendous increase in stability and lowering of downside business/research risk that could easily increase overall productive output by an insane amount. That alone might put the '2 weeks for some coffee' discussion in the past. Hopefully we'll find out one day :). I'm personally very optimistic about this but like talking about the downside potential as a thought exercise.

{ending that thought but extending it in a rambly stream of thoughts with no real direction}

A few extreme thought lines - what if we could magically force there to be no war nor need for war? I'm thinking in this magical world all of those smart people and resources that currently go into war could be redirected to more productive things, maybe even find a way to make coffee 50% cheaper. Would that mean the everyday man could afford coffee for less than 2 weeks pay? Maybe, maybe not, depending on what school of economics you subscribe to. Should it? Does it have to come back to the question of what is "fair" in a capitalist world? Nevertheless it seems clear that a tremendous amount of human effort and in the developed world and natural resources across it go into things that don't directly make humanity better, even if they currently do from the "net" perspective. e.g. say we have to make such and such missile and train people to fly jets to keep us from going backward via huge wars. It's okay for that fact to make someone sad.

I guess I'm thinking of the endgame post-scarcity world. When humans can easily make anything we want, without destroying the planet or even really each other, what is best for humanity? How we do direct the world in that direction, as opposed to telling people austerity is the answer to their problems? Of course on MMM, we're partially talking about "austerity" and how you really don't need money to be happy and partially about how to spend your money much more effectively to be happy in the system we're currently in today. But it's important to be cognizant that many people who are poor are that way because of systemic factors that lead to things like a dearth of quantitative reasoning skills. These are precisely the people who can't understand MMM and even if they could today won't be able to continue to apply those principles as the world around them changes over the next 20 years like you or I can. Remember this is a huge chunk of society, and depending on how we treat education and other socioeconomic factors that strongly influence the quantitative reasoning skills of our population as a country/world the percentage of people like this might go up or might go down. There's the possibility for danger here. If you tell people who have to work 2 weeks a year to buy coffee that they should not drink coffee, what happens if as lots of them start to do that the system changes so that no longer gets them ahead? In some ways this goes back to what I think Warren Buffet said about progress, where one person standing in the theater can see much better but everyone standing in the theater can't see any better plus they can't sit down.

I personally highly doubt things would or will play out that way and don't think they have at all so far, but coupled with income inequality and automation I think it's an interesting thing to run out in one's head. I hope if we face these questions we don't have people having to learn the "hard" way that everyday coffee is an unbelievable luxury when you spend most days wondering if bombs are going to destroy your home or how your children are going to eat today. Or, how you have to work all day in the factory to be able to afford rent in the homes that the factory owns or the food that the factory sells so that your children can grow to adults and you can forget about coffee.
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Re: Overheard on Facebook
« Reply #6170 on: February 26, 2017, 02:45:38 PM »
Coffee or tea can indeed be had, every day for a year, for a lot less than two weeks' worth of a minimum-wage-earner's take-home pay. Just not at a coffee shop, made up on demand by somebody else, with fancy ingredients and lots of variety. Such a product is far from simple and the cost of providing it, as SwordGuy pointed out, is not trivial.

Small luxuries can indeed make an unpleasant, difficult lifestyle more pleasant. But when these luxuries become a daily item of consumption, they cease to be luxuries. Hedonic adaptation sets in, and pretty soon people feel as though they "have" to have their expensive daily cuppa. Any suggestion that they replace it with something more affordable is met with scorn.

For what it's worth, because of my adopted daughter's family and social connections I'm in far more regular contact with the entitlement class than I would ordinarily care to be. By "entitlement class", I don't mean poor people, low-income people, or people who receive social assistance. I mean people who, as adults,

(1) genuinely believe they have a right to the result of other people's labor without giving something of equal value in exchange,
(2) are so convinced of their entitlement that if other people aren't forthcoming with their resources they feel justified in taking what they want by force, guile, or social pressure, and
(3) have reason to believe as they do because their expectations have a basis in fact.

Most of the members of this class whom I've met so far spend far more than I do on fast food, restaurants, expensive drinks, disposable clothing, makeup, hair/nail/beauty treatments, and entertainments. They do this instead of saving money, educating themselves or building themselves up to qualify for a better job or a higher income, or acquiring appreciating assets. But they don't feel as though they're treating themselves. They feel as though they're paying for something they "need", because they feel bad about themselves if they don't.

Apparently going without a luxury now and then "triggers" people in the entitlement class and gives them trauma. So does delayed gratification. They simply aren't emotionally capable of delaying gratification or of being satisfied with less. Nor are they capable of making a plan (such as a budget) and sticking to it. The maturity and psychosocial development just isn't there.
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swashbucklinstache

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Re: Overheard on Facebook
« Reply #6171 on: February 26, 2017, 06:06:01 PM »
Apparently going without a luxury now and then "triggers" people in the entitlement class and gives them trauma. So does delayed gratification. They simply aren't emotionally capable of delaying gratification or of being satisfied with less. Nor are they capable of making a plan (such as a budget) and sticking to it. The maturity and psychosocial development just isn't there.

I agree with this a lot and I've seen what you described too. The challenge of course is how to we teach people not to live this way, and how do we protect the people who can't or won't live this way? Should we? Or is it even that big of a deal as it is? Is this a matter of education, not necessarily in the traditional sense? How do you fix that is a hard question for humanity. A lot of times I've seen cases where I think it is an educational/upbringing issue, but other times it seems just how people are wired. I wonder about the people who will always be in the bottom 10 percent no matter the system, and what is the right amount of 'luxury' for them to live in at the direct cost of those people who are further up in life. It sucks that, as you say, many are willing to take what they think they deserve if they don't get it which makes this really hard. I'm sure there's some "squeaky wheel gets the grease" going on here too. I also think social mobility plays a huge role in the answer to all of these questions so you aren't guaranteeing that their offspring will lead a similar life.

Sundays are for free pondering of big questions apparently :). Sorry for not bringing any ideas/answers to the table!
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Re: Overheard on Facebook
« Reply #6172 on: February 27, 2017, 08:07:59 AM »
Saw this gem on FB recently:

"My Verizon bill got jacked up to over $700/month for unknown reasons 2 months ago...

We had:
2 grandfathered unlimited lines
3 smartphones on a 15 gig shared plan
2 cellular enabled watches

(Partner) called and chewed them out.

Now we have:
5 unlimited data/texting/voice lines
2 cellular enabled watches
Total = $324/month!

Great job, (Partner)!"

What a deal...?

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Re: Overheard on Facebook
« Reply #6173 on: February 27, 2017, 08:38:52 AM »
Saw this gem on FB recently:

"My Verizon bill got jacked up to over $700/month for unknown reasons 2 months ago...

We had:
2 grandfathered unlimited lines
3 smartphones on a 15 gig shared plan
2 cellular enabled watches

(Partner) called and chewed them out.

Now we have:
5 unlimited data/texting/voice lines
2 cellular enabled watches
Total = $324/month!

Great job, (Partner)!"

What a deal...?
He drives a hard bargain...

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Re: Overheard on Facebook
« Reply #6174 on: February 27, 2017, 10:31:07 AM »
Saw this gem on FB recently:

"My Verizon bill got jacked up to over $700/month for unknown reasons 2 months ago...

We had:
2 grandfathered unlimited lines
3 smartphones on a 15 gig shared plan
2 cellular enabled watches

(Partner) called and chewed them out.

Now we have:
5 unlimited data/texting/voice lines
2 cellular enabled watches
Total = $324/month!

Great job, (Partner)!"

What a deal...?
He drives a hard bargain...

5 lines for $324 total comes out to $64.80/ line. That actually seems like a pretty good deal to me for unlimited plans. Depends on their uses for the phones and whether each line is paid for by the individual person who uses it. Facepunch away...

Petuniajo

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Re: Overheard on Facebook
« Reply #6175 on: February 27, 2017, 10:44:51 AM »
Saw this gem on FB recently:

"My Verizon bill got jacked up to over $700/month for unknown reasons 2 months ago...

We had:
2 grandfathered unlimited lines
3 smartphones on a 15 gig shared plan
2 cellular enabled watches

(Partner) called and chewed them out.

Now we have:
5 unlimited data/texting/voice lines
2 cellular enabled watches
Total = $324/month!

Great job, (Partner)!"

What a deal...?
He drives a hard bargain...

5 lines for $324 total comes out to $64.80/ line. That actually seems like a pretty good deal to me for unlimited plans. Depends on their uses for the phones and whether each line is paid for by the individual person who uses it. Facepunch away...

I can't comment on their use, but I do know it is 2 adults and their 3 minor children all living in the same house--I assume that is who the phones are for.

Tasty Pinecones

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Re: Overheard on Facebook
« Reply #6176 on: February 27, 2017, 10:54:05 AM »
Hmmmm...

Fancy phones vs car vs money in the bank.

Plenty of cheaper solutions.

VeggieTable

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Re: Overheard on Facebook
« Reply #6177 on: February 27, 2017, 11:39:45 AM »
Apparently going without a luxury now and then "triggers" people in the entitlement class and gives them trauma. So does delayed gratification. They simply aren't emotionally capable of delaying gratification or of being satisfied with less. Nor are they capable of making a plan (such as a budget) and sticking to it. The maturity and psychosocial development just isn't there.

I think you hit the nail on the head. When suggesting that others go without, in particular poor people, people who make a decent living who also like those "small" pleasures feel that their choices are also being called into question. The thing is, people seem to think that living like you have more money than you do leads to having more money. I've seen this when suggesting that people live within their means on comment threads. People will respond with something to the effect of, why should I have to accept my salary for what it is? As if planning your spending around your income means that you are accepting you will never make more money.  It's nonsensical, and leads many people into debt. I think the "entitlement class" you coined may very well be the largest class in this country.

For the record, I do think it's very hard being poor and truly living paycheck to paycheck. I also think they are doing themselves a disservice when they can't afford to pay both the electric *and* the gas bills, but still buy a latte every morning.

rawr237

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Re: Overheard on Facebook
« Reply #6178 on: February 27, 2017, 12:54:56 PM »
I Googled for my local Facebook buy/sell because you guys made me curious. What came up under "[City] Yard Sale / Buy, Sell, Trade" turns out to be a car dealer page...found this:

Quote
“If you're not making someone else's life better, then you're wasting your time. Your life will become better by making other lives better.”
― Will Smith

Just sold a New 2016 Chevy Trax to a really nice lady, she was 54yrs old and Never bought a new car before in her life!
Her credit was really bad 537, she didn't make a whole lot of money at her work, she only been at her residents for 6 months, and she didn't have no money for a down payment.......here is the kicker, she told me she only wanted to pay $125- $150 a month for the payments..........I honestly almost gave up........the reason I didn't was because she was so nice...........I worked very hard to get her into a new car, my manager worked hard, we never gave up........she didn't either!

I am happy to report she left in her brand new car!

When your nice to people they will go the extra mile for you.......very powerful tool!

So sad for that woman. This guy is patting himself on the back for selling her a new car that it really sounds like she couldn't afford.
« Last Edit: February 27, 2017, 01:07:50 PM by rawr237 »

marty998

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Re: Overheard on Facebook
« Reply #6179 on: February 27, 2017, 01:20:27 PM »
I Googled for my local Facebook buy/sell because you guys made me curious. What came up under "[City] Yard Sale / Buy, Sell, Trade" turns out to be a car dealer page...found this:

Quote
“If you're not making someone else's life better, then you're wasting your time. Your life will become better by making other lives better.”
― Will Smith

Just sold a New 2016 Chevy Trax to a really nice lady, she was 54yrs old and Never bought a new car before in her life!
Her credit was really bad 537, she didn't make a whole lot of money at her work, she only been at her residents for 6 months, and she didn't have no money for a down payment.......here is the kicker, she told me she only wanted to pay $125- $150 a month for the payments..........I honestly almost gave up........the reason I didn't was because she was so nice...........I worked very hard to get her into a new car, my manager worked hard, we never gave up........she didn't either!

I am happy to report she left in her brand new car!

When your nice to people they will go the extra mile for you.......very powerful tool!

So sad for that woman. This guy is patting himself on the back for selling her a new car that it really sounds like she couldn't afford.

Grade 1 asshole that salesman is. He "worked" hard by conning her into accepting the delusional thoughts that this car would be hers no matter what.

His spelling and general writing skills are also atrocious.

marielle

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Re: Overheard on Facebook
« Reply #6180 on: February 27, 2017, 06:47:26 PM »
I Googled for my local Facebook buy/sell because you guys made me curious. What came up under "[City] Yard Sale / Buy, Sell, Trade" turns out to be a car dealer page...found this:

Quote
“If you're not making someone else's life better, then you're wasting your time. Your life will become better by making other lives better.”
― Will Smith

Just sold a New 2016 Chevy Trax to a really nice lady, she was 54yrs old and Never bought a new car before in her life!
Her credit was really bad 537, she didn't make a whole lot of money at her work, she only been at her residents for 6 months, and she didn't have no money for a down payment.......here is the kicker, she told me she only wanted to pay $125- $150 a month for the payments..........I honestly almost gave up........the reason I didn't was because she was so nice...........I worked very hard to get her into a new car, my manager worked hard, we never gave up........she didn't either!

I am happy to report she left in her brand new car!

When your nice to people they will go the extra mile for you.......very powerful tool!

So sad for that woman. This guy is patting himself on the back for selling her a new car that it really sounds like she couldn't afford.

No way. How? Is the guy just bragging to other dealers or advertising so people with bad credit come to him?

150 a month, no money down, for a 21k SUV? What is this, a 15 year loan!?

ducky19

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Re: Overheard on Facebook
« Reply #6181 on: February 28, 2017, 12:57:37 PM »
Saw a good one today on one of the for sale pages:

"2010 GMC Yukon Denali XL
$22,000

Heated first and second row seats, heated steering wheel, OnStar, navigation, Sirius XM, back up camera, rear wireless DVD system, moonroof. Fully loaded excellent condition 125,000. Only selling because the kids are growing up."

Yeesh. $22k for an 8 year old SUV with 125k miles on it! Granted I know these things sell for $65-$70k (how, I don't know), but holy crap. I crept on the woman's page and could tell that her and her family were the poster children for conspicuous consumption. On the bright side, they did drive it for eight years...


Tasty Pinecones

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Re: Overheard on Facebook
« Reply #6182 on: February 28, 2017, 01:40:07 PM »
Someone was chatting about pickups the other day and mentioned 4Runners and Tacoma four door pickups. I like these vehicles. Would fit our family's needs.

I was blown away by what a 50K mile truck still costs. Even a 150K mile truck costs alot of money! I know they last a long time but I'm not paying that kind of money for that number of miles.

I climbed into my moustachian-mobile for the drive home and said some nice things to that old car.

ducky19

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Re: Overheard on Facebook
« Reply #6183 on: February 28, 2017, 04:24:27 PM »
I love my 10 year old Pontiac Vibe! Bought it for cash a few years ago and still spent a third of what they want for that monstrosity, with fewer miles on it!

JAYSLOL

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Re: Overheard on Facebook
« Reply #6184 on: February 28, 2017, 04:34:19 PM »
Someone was chatting about pickups the other day and mentioned 4Runners and Tacoma four door pickups. I like these vehicles. Would fit our family's needs.

I was blown away by what a 50K mile truck still costs. Even a 150K mile truck costs alot of money! I know they last a long time but I'm not paying that kind of money for that number of miles.

I climbed into my moustachian-mobile for the drive home and said some nice things to that old car.

Last year i saw someone post on Facebook a 2004 Toyota 4Runner with 150,000km for $20k (CDN).  I doubt they got that much, most 4Runners of that age i've seen are listed for less, but i'd still rather take the 12 year old Toyota for $20k over the 2010 GMC for the same money, lol.

kayvent

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Re: Overheard on Facebook
« Reply #6185 on: March 01, 2017, 08:10:01 AM »
Someone was chatting about pickups the other day and mentioned 4Runners and Tacoma four door pickups. I like these vehicles. Would fit our family's needs.

I was blown away by what a 50K mile truck still costs. Even a 150K mile truck costs alot of money! I know they last a long time but I'm not paying that kind of money for that number of miles.

I climbed into my moustachian-mobile for the drive home and said some nice things to that old car.

Last year i saw someone post on Facebook a 2004 Toyota 4Runner with 150,000km for $20k (CDN).  I doubt they got that much, most 4Runners of that age i've seen are listed for less, but i'd still rather take the 12 year old Toyota for $20k over the 2010 GMC for the same money, lol.

The used automobile market has experienced some price elevation in recent years. For example, at the time when I bought an 10-year old Toyota Corolla S with 250,000 km it's book value was 10K. I've heard some people explain this was caused by Cash For Clunkers draining the bottom of the used car market and we're still 'recovering' from it.

zolotiyeruki

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Re: Overheard on Facebook
« Reply #6186 on: March 01, 2017, 09:23:13 AM »
The used automobile market has experienced some price elevation in recent years. For example, at the time when I bought an 10-year old Toyota Corolla S with 250,000 km it's book value was 10K. I've heard some people explain this was caused by Cash For Clunkers draining the bottom of the used car market and we're still 'recovering' from it.
I'd like to think that, too (since I think CfC was a terrible idea), but US new car sales are about 7 million/year and CfC only handled about 700,000 cars total.  So since CfC started, there have been 80x more new cars sold than were shredded through CfC.

Vindicated

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Re: Overheard on Facebook
« Reply #6187 on: March 01, 2017, 09:31:23 AM »
The used automobile market has experienced some price elevation in recent years. For example, at the time when I bought an 10-year old Toyota Corolla S with 250,000 km it's book value was 10K. I've heard some people explain this was caused by Cash For Clunkers draining the bottom of the used car market and we're still 'recovering' from it.
I'd like to think that, too (since I think CfC was a terrible idea), but US new car sales are about 7 million/year and CfC only handled about 700,000 cars total.  So since CfC started, there have been 80x more new cars sold than were shredded through CfC.

New car sales were 17.5MM last year.  I think you missed adding a "1" in front of your "7".

This just adds to your case, but I wanted to comment for emphasis.
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zolotiyeruki

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Re: Overheard on Facebook
« Reply #6188 on: March 01, 2017, 09:53:59 AM »
The used automobile market has experienced some price elevation in recent years. For example, at the time when I bought an 10-year old Toyota Corolla S with 250,000 km it's book value was 10K. I've heard some people explain this was caused by Cash For Clunkers draining the bottom of the used car market and we're still 'recovering' from it.
I'd like to think that, too (since I think CfC was a terrible idea), but US new car sales are about 7 million/year and CfC only handled about 700,000 cars total.  So since CfC started, there have been 80x more new cars sold than were shredded through CfC.

New car sales were 17.5MM last year.  I think you missed adding a "1" in front of your "7".

This just adds to your case, but I wanted to comment for emphasis.
Wow, my reference was way off.  Ok, then, there have been about 200x more new cars sold since CfC than were crushed in CfC

BFGirl

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Re: Overheard on Facebook
« Reply #6189 on: March 01, 2017, 03:13:15 PM »
Saw a good one today on one of the for sale pages:

"2010 GMC Yukon Denali XL
$22,000

Heated first and second row seats, heated steering wheel, OnStar, navigation, Sirius XM, back up camera, rear wireless DVD system, moonroof. Fully loaded excellent condition 125,000. Only selling because the kids are growing up."

Yeesh. $22k for an 8 year old SUV with 125k miles on it! Granted I know these things sell for $65-$70k (how, I don't know), but holy crap. I crept on the woman's page and could tell that her and her family were the poster children for conspicuous consumption. On the bright side, they did drive it for eight years...

IDK, last year I got $9700 trade in for a 2009 Ford Expedition basic package (nothing fancy at all) with 80,000 miles.  I was shocked.

JAYSLOL

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Re: Overheard on Facebook
« Reply #6190 on: March 01, 2017, 09:40:54 PM »
A classmate from high school wrote on Facebook today

"Just keep winning free play on our lotto tickets (frowny face), I'd be happy with hundred thou and be out of debt.  Some day I'll win big (smiley face)"

Doubt it.  (Face palm face)

Dave1442397

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Re: Overheard on Facebook
« Reply #6191 on: March 02, 2017, 06:07:35 AM »
A classmate from high school wrote on Facebook today

"Just keep winning free play on our lotto tickets (frowny face), I'd be happy with hundred thou and be out of debt.  Some day I'll win big (smiley face)"

Doubt it.  (Face palm face)

Along those lines, my wife had a patient who told her he was in dire straits (not the band) because of his scratch-off lottery ticket habit. He operates a food truck, and makes between $400 and $800 a day. He keeps $100 for expenses each day, and spends the rest on scratch-off tickets. Yep, up to $700 a day.

He said his wife is ready to leave him, he owes money up the wazoo, and he doesn't know what to do. Hmm.

marielle

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Re: Overheard on Facebook
« Reply #6192 on: March 02, 2017, 06:11:45 AM »
Saw a good one today on one of the for sale pages:

"2010 GMC Yukon Denali XL
$22,000

Heated first and second row seats, heated steering wheel, OnStar, navigation, Sirius XM, back up camera, rear wireless DVD system, moonroof. Fully loaded excellent condition 125,000. Only selling because the kids are growing up."

Yeesh. $22k for an 8 year old SUV with 125k miles on it! Granted I know these things sell for $65-$70k (how, I don't know), but holy crap. I crept on the woman's page and could tell that her and her family were the poster children for conspicuous consumption. On the bright side, they did drive it for eight years...

IDK, last year I got $9700 trade in for a 2009 Ford Expedition basic package (nothing fancy at all) with 80,000 miles.  I was shocked.

Did you trade it in for a new car? A lot of times dealers will offer "more" for the trade-in while increasing the base price of the new car, or the loan term, etc to make up for the higher trade in. Psychologically you are shocked that you are getting so much for your trade-in, so you're more likely to buy that new car or even get a car more expensive than you planned to originally.

NorCal

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Re: Overheard on Facebook
« Reply #6193 on: March 02, 2017, 07:22:33 AM »
A classmate from high school wrote on Facebook today

"Just keep winning free play on our lotto tickets (frowny face), I'd be happy with hundred thou and be out of debt.  Some day I'll win big (smiley face)"

Doubt it.  (Face palm face)

Tell them to buy out-of-the-money call options on biotech stocks instead.  It's a better risk-reward profile.

When I first met my wife, she would very occasionally play the lottery.  Every time she got the desire, I just suggested the call-option idea instead.  After thinking through both and a little mental arithmetic, the lottery didn't sound like such a good bet anymore.

JAYSLOL

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Re: Overheard on Facebook
« Reply #6194 on: March 02, 2017, 07:27:38 AM »
A classmate from high school wrote on Facebook today

"Just keep winning free play on our lotto tickets (frowny face), I'd be happy with hundred thou and be out of debt.  Some day I'll win big (smiley face)"

Doubt it.  (Face palm face)

Tell them to buy out-of-the-money call options on biotech stocks instead.  It's a better risk-reward profile.

When I first met my wife, she would very occasionally play the lottery.  Every time she got the desire, I just suggested the call-option idea instead.  After thinking through both and a little mental arithmetic, the lottery didn't sound like such a good bet anymore.

Haha, I love this.  I can image the response in my head "but I don't know about the odds on biotech stock? Sounds like I could loose a lot of mon... wait, oh...."

letthelightin

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Re: Overheard on Facebook
« Reply #6195 on: March 02, 2017, 09:27:06 AM »
3 more weeks on taxes irs said. Wtf
Anyone else have this issue?!?!
#screwed


The hashtag is what really got me on this one.

BFGirl

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Re: Overheard on Facebook
« Reply #6196 on: March 02, 2017, 09:34:10 AM »
Saw a good one today on one of the for sale pages:

"2010 GMC Yukon Denali XL
$22,000

Heated first and second row seats, heated steering wheel, OnStar, navigation, Sirius XM, back up camera, rear wireless DVD system, moonroof. Fully loaded excellent condition 125,000. Only selling because the kids are growing up."

Yeesh. $22k for an 8 year old SUV with 125k miles on it! Granted I know these things sell for $65-$70k (how, I don't know), but holy crap. I crept on the woman's page and could tell that her and her family were the poster children for conspicuous consumption. On the bright side, they did drive it for eight years...

IDK, last year I got $9700 trade in for a 2009 Ford Expedition basic package (nothing fancy at all) with 80,000 miles.  I was shocked.

Did you trade it in for a new car? A lot of times dealers will offer "more" for the trade-in while increasing the base price of the new car, or the loan term, etc to make up for the higher trade in. Psychologically you are shocked that you are getting so much for your trade-in, so you're more likely to buy that new car or even get a car more expensive than you planned to originally.

I bought a used car from CarMax and paid cash.  The Kelly Blue book offer was better than theirs for the trade in so that was what they gave me.  They would have bought my car whether or not I bought theirs.
« Last Edit: March 02, 2017, 09:36:43 AM by BFGirl »

neverrun

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Re: Overheard on Facebook
« Reply #6197 on: March 02, 2017, 12:13:52 PM »
3 more weeks on taxes irs said. Wtf
Anyone else have this issue?!?!
#screwed


The hashtag is what really got me on this one.

I would love to respond.  I just got the info on my taxes, The IRS can wait until 4/17 to get more money from me.

dragoncar

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Re: Overheard on Facebook
« Reply #6198 on: March 02, 2017, 12:37:56 PM »
A classmate from high school wrote on Facebook today

"Just keep winning free play on our lotto tickets (frowny face), I'd be happy with hundred thou and be out of debt.  Some day I'll win big (smiley face)"

Doubt it.  (Face palm face)

Tell them to buy out-of-the-money call options on biotech stocks instead.  It's a better risk-reward profile.

When I first met my wife, she would very occasionally play the lottery.  Every time she got the desire, I just suggested the call-option idea instead.  After thinking through both and a little mental arithmetic, the lottery didn't sound like such a good bet anymore.

How does this work?  I enjoy playing the lotto occasionally... it costs me like $2-5/year.  Can I get options that cheaply?

Playing with Fire UK

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Re: Overheard on Facebook
« Reply #6199 on: March 04, 2017, 12:12:35 AM »
If this even sells for what they're listing for, that's a $1450 loss for a 5-month old couch that was "barely sat on". Maybe more if it was on credit?

Why did you buy it if it was barely sat on...
Maybe they mean that although they sat on it every day, they only sat on the very edge?

All they watch are suspense movies so they only need the edge of their seat.
I can think of several other things to do with a couch that does not involve sitting on it very much.

We've all been assuming that in "barely sat on" the barely means hardly rather than nakedly.

Just sayin'.