Author Topic: Overheard at Work  (Read 8892355 times)

Mississippi Mudstache

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Re: Overheard at Work
« Reply #2650 on: May 21, 2014, 09:22:23 AM »
We already own a house and won't be buying another one any time soon. Christof was making a joke, and I said that it's all that we currently use our credit for. I think most of us here are intelligent enough manage our credit with due planning for the future. If I were a real estate investor who depended on credit for my investments, we probably wouldn't be playing (lucrative) games with credit cards.

going2ER

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Re: Overheard at Work
« Reply #2651 on: May 22, 2014, 11:40:57 AM »
CW's husbands new $80K truck got dinged at the grocery store. They are furious. Makes me glad I drive a 2009, that was 1/10th of that price!

Paul der Krake

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Re: Overheard at Work
« Reply #2652 on: May 22, 2014, 11:52:42 AM »
CW's husbands new $80K truck got dinged at the grocery store. They are furious. Makes me glad I drive a 2009, that was 1/10th of that price!
Yeah, the idea of an multi-tons object designed to travel at high speeds down the highways and off roads suffering cosmetic scratches is insufferable. I hope they keep it in the garage to prevent it from being wet too.

Cheddar Stacker

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Re: Overheard at Work
« Reply #2653 on: May 22, 2014, 12:05:12 PM »
CW's husbands new $80K truck got dinged at the grocery store. They are furious. Makes me glad I drive a 2009, that was 1/10th of that price!
Yeah, the idea of an multi-tons object designed to travel at high speeds down the highways and off roads suffering cosmetic scratches is insufferable. I hope they keep it in the garage to prevent it from being wet too.

Along the same lines as above though a much smaller scale, I recently heard a story about a close relative that is completely out of control.

She purchased a $65 shirt for her 5 year old son's Kindergarten graduation ceremony. She then took him out for ice cream. He then, of course, spilled ice cream on his shirt because what 5 year old doesn't. She then screams at him in the ice cream shop in front of many other people to the point where he now refuses to eat the ice cream because he is so upset.

Such a sad story on so many levels. This is not an isolated incident, it happens regularly in this family. The expensive clothes, and the insanity about all things material, to the point that the kids feelings are completely ignored. Sooooo frustrating.

GuitarStv

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Re: Overheard at Work
« Reply #2654 on: May 22, 2014, 01:15:54 PM »
A kindergarten graduation ceremony is kinda stupid isn't it?  I mean, it's not much of an achievement . . . are there many kindergarten drop outs?

Cheddar Stacker

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Re: Overheard at Work
« Reply #2655 on: May 22, 2014, 01:23:01 PM »
Very stupid but unfortunately very common in my neck of the woods.

I could see there being a lot of drop outs, what with all the pressures of naptime, trying not to eat the paste, and coloring within the lines. Very stressful ; )

ketchup

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Re: Overheard at Work
« Reply #2656 on: May 22, 2014, 02:15:34 PM »
I have very faint memories of "graduating" preschool around 1995.  I think it was pretty asinine.  I guess I was a pretty cynical child.

dragoncar

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Re: Overheard at Work
« Reply #2657 on: May 22, 2014, 02:48:30 PM »
I have very faint memories of "graduating" preschool around 1995.  I think it was pretty asinine.  I guess I was a pretty cynical child.

LOL, isn't this also known as a birthday party?

Argyle

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Re: Overheard at Work
« Reply #2658 on: May 22, 2014, 02:50:26 PM »
The kids get very excited about having a kindergarten "graduation."  Excitement about school = good.  At my kid's school, it happened during regular school hours, not at any special time.  But buying a $65 shirt for it is silly unless you're a gazillionaire, and expecting that a 5-year-old won't stain the shirt is sillier.

Cheddar Stacker

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Re: Overheard at Work
« Reply #2659 on: May 22, 2014, 02:55:49 PM »
The kids get very excited about having a kindergarten "graduation."  Excitement about school = good.  At my kid's school, it happened during regular school hours, not at any special time.  But buying a $65 shirt for it is silly unless you're a gazillionaire, and expecting that a 5-year-old won't stain the shirt is sillier.

I'm not a gazillionaire, but I make a nice salary. I'm a professional. I've likely been to a hundred formal events including weddings, funerals and the like. I've never paid more than $30 for a shirt, and even then I cringe. I'd say I average around $12-15/shirt. I don't see the point in spending that kind of money on clothing.

Latwell

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Re: Overheard at Work
« Reply #2660 on: May 22, 2014, 05:29:35 PM »
My original post was going to rant about my friend, but afterwards I realized it wasn't just my friend who does this...

Ways to seriously annoy me:
1) Offer me money for something with money you don't have.
(ex: Friend offered me $10-15 money for gas to pick her up....followed this statement, "i'll pay you after my grandma gives me my allowance")
2) Receive an allowance from your grandma when you don't live with her and do nothing to deserve an allowance (not going to school, not working, just couch potato)
3) Ask to borrow money, right after I say no, tell me about some unnecessary purchase you just made.
4) Ask to borrow money when you smoke,drink,constantly eat out. (I refuse to help people who make poor daily choices consistently).

AlmostIndependent

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Re: Overheard at Work
« Reply #2661 on: May 22, 2014, 06:51:47 PM »
My original post was going to rant about my friend, but afterwards I realized it wasn't just my friend who does this...

Ways to seriously annoy me:
1) Offer me money for something with money you don't have.
(ex: Friend offered me $10-15 money for gas to pick her up....followed this statement, "i'll pay you after my grandma gives me my allowance")
2) Receive an allowance from your grandma when you don't live with her and do nothing to deserve an allowance (not going to school, not working, just couch potato)
3) Ask to borrow money, right after I say no, tell me about some unnecessary purchase you just made.
4) Ask to borrow money when you smoke,drink,constantly eat out. (I refuse to help people who make poor daily choices consistently).

I generally don't loan people money. This list is a good way to ensure that will NEVER happen.

Daisy

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Re: Overheard at Work
« Reply #2662 on: May 22, 2014, 07:38:20 PM »
A coworker who makes more money than me and slightly older than me were talking about future plans. This person knows of my plans to retire early (but they think it's at 50 - hee hee).

Me: "I think this will be my last high paying job."
CW: "Speak for yourself. I know I can get another high paying job."

Funny thing is...I think we were both happy with our statements. CW was trying to prove in their statement that they were very employable and would have no problems getting that high paying job (and continuing their high spending lifestyle). Me - I would be happy getting out of the rat race.

iris lily

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Re: Overheard at Work
« Reply #2663 on: May 22, 2014, 09:54:19 PM »
Very stupid but unfortunately very common in my neck of the woods.

I could see there being a lot of drop outs, what with all the pressures of naptime, trying not to eat the paste, and coloring within the lines. Very stressful ; )

When my mom ran a preschool she had a graduation ceremony for the kids each spring.  I think they wore cardboard mortarboard hats, no robes. It was fun and cute then.

Now the graduations are probably overdone. I do think that graduating from Jr. High school was a bigger deal in some areas of the country.

Reepekg

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Re: Overheard at Work
« Reply #2664 on: May 22, 2014, 11:49:23 PM »
Today my coworker told me his household has 5 cars for 2 adults and 2 kids under age 10.

ricric

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Re: Overheard at Work
« Reply #2665 on: May 23, 2014, 12:50:35 AM »
I work with law firms but am not a lawyer.  In a recent arbitration involving patents for a huge U.S. aerospace contractor, the partners at the law firm representing aerospace contractor were talking about having just spent $500,000 on tickets to go to space for themselves and their wives

grantmeaname

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Re: Overheard at Work
« Reply #2666 on: May 23, 2014, 01:00:29 AM »
I'd do it if I had $500,000 of fun money.

AlanStache

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Re: Overheard at Work
« Reply #2667 on: May 23, 2014, 02:08:06 AM »
Quote
I'd do it if I had $500,000 of fun money.

I would rather be paid to go to space but would very much consider paying a good bit of cash for the chance.

warfreak2

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Re: Overheard at Work
« Reply #2668 on: May 23, 2014, 04:18:29 AM »
You'd get to tell people "Oh, I'm an astronaut" instead of "Oh, I'm a lawyer". That could be worth it.

Target2018

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Re: Overheard at Work
« Reply #2669 on: May 23, 2014, 04:37:40 AM »
Today my coworker told me his household has 5 cars for 2 adults and 2 kids under age 10.
I see a lot of this too.  With 4 kids, I am amazed each time one of them got old enough to drive, people would start asking if I was going to buy them a car.  They all got to share one car - my hand-me-down - and figure out how they were going to share it to get to those places they needed to get to.

Boz86

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Re: Overheard at Work
« Reply #2670 on: May 23, 2014, 06:40:30 AM »
You'd get to tell people "Oh, I'm an astronaut" instead of "Oh, I'm a lawyer". That could be worth it.

Sounds like a cruise line passenger calling themselves a mariner :-)

But it would be a neat experience.

Anatidae V

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Re: Overheard at Work
« Reply #2671 on: May 23, 2014, 07:23:51 AM »
One of the people at work was going to a 21st for a kid of one of her parents friends. She got a message, through Facebook I think, at 2:30pm that the party was delayed until Sunday because the darling birthday girl was too hung over to get out of bed. Turned out, this was a 150 person event, with tons of community support like 4 families cooking food and her mum, a florist, organising the flowers! For a 21st? In Australia you can already drink, drive and vote at that age! We all agreed it was the most ridiculous and rude thing we'd heard of someone doing with their birthday party. Gah.

Albert

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Re: Overheard at Work
« Reply #2672 on: May 23, 2014, 07:45:47 AM »
I work with law firms but am not a lawyer.  In a recent arbitration involving patents for a huge U.S. aerospace contractor, the partners at the law firm representing aerospace contractor were talking about having just spent $500,000 on tickets to go to space for themselves and their wives.

I can't afford $500,00, but I'd seriously consider it for $50,000.

Winston

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Re: Overheard at Work
« Reply #2673 on: May 23, 2014, 08:47:26 AM »
I work with law firms but am not a lawyer.  In a recent arbitration involving patents for a huge U.S. aerospace contractor, the partners at the law firm representing aerospace contractor were talking about having just spent $500,000 on tickets to go to space for themselves and their wives.

Yeah, if you've got the dosh then that's money well spent.

cats

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Re: Overheard at Work
« Reply #2674 on: May 24, 2014, 10:00:44 PM »
I recently mentioned to a CW that my partner and I share a studio.  Her reaction: a look of mild horror/sympathy, followed by "Wow, that's not a lot of space for two people" (it's almost 600 sq ft, it is a big studio and frankly, plenty of space).  Followed by, "Why??  Do you guys just want to save money or something?"

I just had to laugh.  First, it's rent--OF COURSE you try to save money, it's not an investment and you aren't getting it back. Second, this is the Bay Area!  It is not that unusual for a couple to share a studio.  I mean, okay, it is probably unusual for a couple with two good incomes, but it is not unheard of or freakishly out there (and there are PLENTY of two-income couples who share 1-bedroom apartments, which is honestly not that much different from our setup).

Latwell

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Re: Overheard at Work
« Reply #2675 on: May 24, 2014, 10:33:57 PM »
I mean, okay, it is probably unusual for a couple with two good incomes, but it is not unheard of or freakishly out there (and there are PLENTY of two-income couples who share 1-bedroom apartments, which is honestly not that much different from our setup).

I have moments where I want to find a new place so we have more space, but luckily all the places we have seen are crap compared to what we have. But my coworkers are constantly checking up on me asking if I'm still looking or if we found anything. I told them no and that I wasn't going to look anymore but they don't listen.

One day my bosses wife chimes in and tells me I should get an apartment in the county next door which is ridiculously priced. My town is roughly $850 for a crap 1 bedroom. A bedroom in the other county is at $1200 even for crap. I kept saying that the prices are too high and the bosses wife said that they weren't bad. Then I had to point out that my rent is $650 and the quality is just as good as the $1200 places. That shut her up quickly.

It's odd how people think saving money is odd. Lol

austin

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Re: Overheard at Work
« Reply #2676 on: May 25, 2014, 02:30:33 AM »
I had a coworker seem shocked when I said my wife and I live in a one bedroom apartment. He asked why we just have a one bedroom. It's just me and my wife! We are in our mid 20s. Why would we need anything more?

Anatidae V

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Re: Overheard at Work
« Reply #2677 on: May 25, 2014, 03:56:52 AM »
I had a coworker seem shocked when I said my wife and I live in a one bedroom apartment. He asked why we just have a one bedroom. It's just me and my wife! We are in our mid 20s. Why would we need anything more?

Hobbies that require space?

Latwell

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Re: Overheard at Work
« Reply #2678 on: May 25, 2014, 10:03:18 AM »
I had a coworker seem shocked when I said my wife and I live in a one bedroom apartment. He asked why we just have a one bedroom. It's just me and my wife! We are in our mid 20s. Why would we need anything more?

Ahh you reminded me of another terrible coworker.

Strike one:
This guy has a 1 bedroom apartment with his cat. He's super close with his parents so I thought it was stupid that he was moving out bc he claims he claims he has practically no savings and is paying off his student loan. As soon as his one car loan was about to be paid off, this guy chooses to trade it in and buy a NEW car. I ask him why but a new car, you were about to have no car payment at all. His response, "it was priced right". A new car is neverrrrr priced right.

Strike two:
After moving out of his parents house, less than a year later he's looking at the two bedroom apartments in his complex. We were all joking saying his second bedroom is for the cat... He didn't deny it. Now I seriously think that's what it'd be for. I kept pointing out that his priorities are totally out of whack. This guy is famous for excuses and beating around the bush.

cats

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Re: Overheard at Work
« Reply #2679 on: May 25, 2014, 11:49:46 AM »
Yeah, people have ridiculous assumptions about living space.  When I was in grad school, I got an amazing deal on a 1-bedroom apartment in the "married" student housing (I was not married or shacked up with anyone--I used to joke that my "spouse" was the fancy fellowship that had gotten the university to offer me cheap housing).  A 1-bedroom was pretty much the same price as a low-to-mid range room in a house share, so getting it seemed like a no brainer.  However, this other guy in my program (who lived in the same complex, but in a 2-bedroom, w/ his fiancee)...aieeeeeeee.  Every time it would come up that we were neighbors, he'd be all "Oh, you live in a 1-bedroom?  Why not get a 2-bedroom?  It's so cheap!".  I'd be all "uh, but I'm just one person, why would I need a second room?" and his response was basically "why not???".

My rent ranged from $700-$850 over the 5 years I lived in that apartment.  I'm not sure what the 2-bedrooms were going for when I left, but when I moved in they were about $950/month and I know the rent went up each year.  Sorry, but paying $200+ each month for nonessential space when you make $30k a year is STUPID.

GatorNation

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Re: Overheard at Work
« Reply #2680 on: May 25, 2014, 04:20:39 PM »
I'm a foreclosure defense attorney, so my day is usually full of "Wall of Shame Moments".

I had a guy come into the office and who repeated to me about a dozen times that the bank was committing "robbery" and that they were trying to steal his home via an illegal foreclosure.  After asking him if he ever stopped making his mortgage payments, he says "never."  He then tells me that he did fall behind for 1 year on his payments, but when he finally decided to make a mortgage payment, the bank had placed a "hold" on his account which prevented him from making the payment.  After I tell him " so you did stop making your payments for one year" he says "No, I never stopped making my payments I only fell behind on my payments for 1 year."  There was no way of convincing this guy that he way partly responsible for his house going into foreclosure.  All he kept saying was "the bank is committing a robbery, and the bank attorneys and the judge are all working together to steal my house!"

I also have people who come in all the time and want me to save their home.  I ask them "how much were you making a month when you bought the home" and the'll reply "$2,500 a month."  I then ask them "how much was your mortgage payment a month" and they'll say "$2,200."  And then they'll go into a rant as to how this is the bank's fault and that they are at no fault for failing to make their mortgage payments.

Believe it or not, I have people come into the office who are being sued by their HOA for nonpayment who tell me that they didn't know there was an HOA they had to make payments to.  That's right, they have been living in a house for 6 years, and it is until now that they learned that they were supposed to be paying the HOA. 

It's all very amazing.

viper155

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Re: Overheard at Work
« Reply #2681 on: May 25, 2014, 05:34:55 PM »
A coworker in their 70s with a $2300/month mortgage (that's after a recent refi) and a $250K balance. Been in the house for 3-4 decades. Spends lavishly in other areas of life. Coworker still works full-time. Gee, I wonder why?
Who would be dumb enough to loan someone money like that?
If they haven't paid it off in 30 to 40 years, why would they think it would be paid off in the next 5 to 10?
I don't understand it!

You really don't understand.....this is a banks best customer. If she knew her ass from her elbow she would not be feeding the bank for 30 to 40 years

viper155

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Re: Overheard at Work
« Reply #2682 on: May 25, 2014, 05:53:51 PM »
Thanks for the link to Buffett's house. A few pages into that article, he said:

"I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possessions possess them, rather than the other way around.

Totally true.

If you think that is Buffetts only house you are mistaken.

randymarsh

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Re: Overheard at Work
« Reply #2683 on: May 25, 2014, 05:59:20 PM »
He then tells me that he did fall behind for 1 year on his payments, but when he finally decided to make a mortgage payment, the bank had placed a "hold" on his account which prevented him from making the payment.  After I tell him "so you did stop making your payments for one year" he says "No, I never stopped making my payments I only fell behind on my payments for 1 year."

Ugh why do people not understand that "falling behind" = "not making payments". That's literally the exact definition.

Reminds me of people who say "I don't have any debt." Later... "I have a student loan. Oh and my car payment." 

vern

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Re: Overheard at Work
« Reply #2684 on: May 25, 2014, 10:11:29 PM »
"how much were you making a month when you bought the home" and the'll reply "$2,500 a month."  I then ask them "how much was your mortgage payment a month" and they'll say "$2,200."

Incredible.

dragoncar

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Re: Overheard at Work
« Reply #2685 on: May 25, 2014, 11:04:43 PM »
Quote
I'd do it if I had $500,000 of fun money.

I would rather be paid to go to space but would very much consider paying a good bit of cash for the chance.

For $1 million I'll pay you $200k to go to space, Mr. Astronaut.

agent_clone

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Re: Overheard at Work
« Reply #2686 on: May 26, 2014, 05:02:34 AM »
I also have people who come in all the time and want me to save their home.  I ask them "how much were you making a month when you bought the home" and the'll reply "$2,500 a month."  I then ask them "how much was your mortgage payment a month" and they'll say "$2,200."  And then they'll go into a rant as to how this is the bank's fault and that they are at no fault for failing to make their mortgage payments.

Aside from the shame on those people for borrowing to pay 2200 p/m when they earn 2500 p/m, I would also say shame on the lending institution...  Seriously we know that a lot of people don't understand money, but you would think that the people lending them money would know better, especially as in the US you have the ability to lock in interest rates...

Note: I live in Australia, interest rates are mostly variable, with the ability to lock in for 5 years.  There are also tighter lending restrictions which include loan servicability, I believe that currently, sensible lending institutions look at whether the people can service the loan at an 8% interest rate, current rates are around 5-6%.

Paul der Krake

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Re: Overheard at Work
« Reply #2687 on: May 26, 2014, 05:31:42 AM »
I also have people who come in all the time and want me to save their home.  I ask them "how much were you making a month when you bought the home" and the'll reply "$2,500 a month."  I then ask them "how much was your mortgage payment a month" and they'll say "$2,200."  And then they'll go into a rant as to how this is the bank's fault and that they are at no fault for failing to make their mortgage payments.

Aside from the shame on those people for borrowing to pay 2200 p/m when they earn 2500 p/m, I would also say shame on the lending institution...  Seriously we know that a lot of people don't understand money, but you would think that the people lending them money would know better, especially as in the US you have the ability to lock in interest rates...
It's a well known trick: issue loans secured by underlying asset to people who don't have access to loans from reputable institutions, let them pay a few months and repo said asset when they inevitably fail to make their payments. Rinse and repeat for the next "customer".

It's even done with cars! Don't you love deregulation?

mm1970

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Re: Overheard at Work
« Reply #2688 on: May 26, 2014, 08:58:50 AM »
I had a coworker seem shocked when I said my wife and I live in a one bedroom apartment. He asked why we just have a one bedroom. It's just me and my wife! We are in our mid 20s. Why would we need anything more?

Hobbies that require space?
I think a lot of people assume you need a "guest room" or "an office".

Hey, my husband had a one BR and I had a studio.  When we finally merged, we got a 2BR because, why not?  We had all this stuff!  Of course, over the next 7 years, rents went up and we ended up moving to smaller places, getting rid of all of the stuff.  Hindsight being 20/20, I would have kept that little 1BR of his, with the faded orange carpet and harvest gold appliances.  The rent was $580/month and almost never went up.  I'd say it's probably a good 70% of the cost of a "market rate" place.

mm1970

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Re: Overheard at Work
« Reply #2689 on: May 26, 2014, 09:00:21 AM »
Yeah, people have ridiculous assumptions about living space.  When I was in grad school, I got an amazing deal on a 1-bedroom apartment in the "married" student housing (I was not married or shacked up with anyone--I used to joke that my "spouse" was the fancy fellowship that had gotten the university to offer me cheap housing).  A 1-bedroom was pretty much the same price as a low-to-mid range room in a house share, so getting it seemed like a no brainer.  However, this other guy in my program (who lived in the same complex, but in a 2-bedroom, w/ his fiancee)...aieeeeeeee.  Every time it would come up that we were neighbors, he'd be all "Oh, you live in a 1-bedroom?  Why not get a 2-bedroom?  It's so cheap!".  I'd be all "uh, but I'm just one person, why would I need a second room?" and his response was basically "why not???".

My rent ranged from $700-$850 over the 5 years I lived in that apartment.  I'm not sure what the 2-bedrooms were going for when I left, but when I moved in they were about $950/month and I know the rent went up each year.  Sorry, but paying $200+ each month for nonessential space when you make $30k a year is STUPID.
I loved family student housing.

Zamboni

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Re: Overheard at Work
« Reply #2690 on: May 26, 2014, 07:16:57 PM »
Keep 'em coming, GatorNation.

A coworker was seeking pity while claiming that the bank was going to foreclose on her house if she didn't get "caught up" on her payments.  It was all I could do not to say incredulously "you STILL owe the bank money on that house?!  Haven't you you lived in it for 40 years?!"  Is it that hard to just throw the ubiquitous refinance offer junk mail letters straight into the trash?  It is pitiful, though, that she is trying to figure out how to keep her house when honestly she should be retired at this point.


GatorNation

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Re: Overheard at Work
« Reply #2691 on: May 26, 2014, 07:43:19 PM »
Some months ago, I was able to get a client a modification, but she refused it because she claimed that she could not afford it.  She was making over $6,000 a month, and the monthly mortgage payment on the modification was about $900.  Ever since, she just calls me and yells at me for not doing enough for her, and blames me for everything.

My interaction with a client the other day:
Me: Good news, the bank is willing to offer you a modification if you put down $25,000.
Client:  What?!  I don't have that type of money!!  What's wrong with you?!
Me: You haven't paid your $1,200/month mortgage for seven years... you're telling me that you have no money saved?
Client then proceeds to blame for being in foreclosure, and accuses me of working for the banks.

In order to get these clients a modification, they must provide me with their bank statements.  The vast majority of clients will complain that they don't have enough money to pay their mortgage, but spend over $700/month on eating out and other luxuries.


dragoncar

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Re: Overheard at Work
« Reply #2692 on: May 26, 2014, 11:05:57 PM »
Some months ago, I was able to get a client a modification, but she refused it because she claimed that she could not afford it.  She was making over $6,000 a month, and the monthly mortgage payment on the modification was about $900.  Ever since, she just calls me and yells at me for not doing enough for her, and blames me for everything.

My interaction with a client the other day:
Me: Good news, the bank is willing to offer you a modification if you put down $25,000.
Client:  What?!  I don't have that type of money!!  What's wrong with you?!
Me: You haven't paid your $1,200/month mortgage for seven years... you're telling me that you have no money saved?
Client then proceeds to blame for being in foreclosure, and accuses me of working for the banks.

In order to get these clients a modification, they must provide me with their bank statements.  The vast majority of clients will complain that they don't have enough money to pay their mortgage, but spend over $700/month on eating out and other luxuries.

With clients like these, how on earth do you ever get paid???

greenmimama

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Re: Overheard at Work
« Reply #2693 on: May 27, 2014, 07:22:13 AM »
Oh, Gatornation, those are so sad, but yes, how DO you get paid?

I am a stay at home mama, so I have no overheard at work, but this is my favorite thread, I come here everyday to read the new posts, so please keep them coming.

Le0

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Re: Overheard at Work
« Reply #2694 on: May 27, 2014, 07:28:48 AM »
Some months ago, I was able to get a client a modification, but she refused it because she claimed that she could not afford it.  She was making over $6,000 a month, and the monthly mortgage payment on the modification was about $900.  Ever since, she just calls me and yells at me for not doing enough for her, and blames me for everything.

My interaction with a client the other day:
Me: Good news, the bank is willing to offer you a modification if you put down $25,000.
Client:  What?!  I don't have that type of money!!  What's wrong with you?!
Me: You haven't paid your $1,200/month mortgage for seven years... you're telling me that you have no money saved?
Client then proceeds to blame for being in foreclosure, and accuses me of working for the banks.

In order to get these clients a modification, they must provide me with their bank statements.  The vast majority of clients will complain that they don't have enough money to pay their mortgage, but spend over $700/month on eating out and other luxuries.

I feel like the royal 'we' as a society have lost the ability to solve problems for ourself. Preferring to simple go with the flow, and do what everyone else is doing. Or even better, do what we think everyone else is doing. We do not get educated, beyond the general debt inducing education that society mandates a successful person must do. While completely focused on this smart person tax*, we miss important life lessons like, how to cook, how to manage money, how to fix our clothes, and the list goes on.

40 years later we then revert to our childhood and blame everyone else of our lack of education. Or alternatively, we blame technology or "how fast" everything goes. 

MMM has the right idea, by focusing on happiness, the things in life that give us real fulfilment, we will be wealthier. 


*I'm not saying education isn't worth it, but that our focus on it as a measure of success is skewed.

viper155

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Re: Overheard at Work
« Reply #2695 on: May 27, 2014, 08:20:06 AM »
Quote
All these people with their expensive cars are nuts.

This is the callous disregard of others we have to be careful on the blog not to consistently espouse lest we be decried as a bunch of thrifty braggarts (and dismissed accordingly). Maybe many can't afford what they drive, but not all should be so categorized.

Not everyone with a costly car is "nuts". Some have worked incredibly hard at investment and traditional employs - and still retired early. Some paid off multiple homes years ago (or paid cash for them). Grown children. Longevity into their late 70s and 80s. And yearly charitable contributions into the 6-digit range. If they wish to buy SLs or GTs, it's not our place to decry them as "nuts".*

*Two examples of this are close relatives, each of whom found each other after decades of frugal, though enjoyable, living. They invested heavily, and early (as they taught me to do), and have surely earned their "fun cars". They're hardly nuts. In fact, especially considering their ages, they're frakking awesome.

Well said. Way too many judgmental people around here. Although, some of these stories are massively entertaining!

GatorNation

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Re: Overheard at Work
« Reply #2696 on: May 27, 2014, 08:24:35 AM »
Oh, Gatornation, those are so sad, but yes, how DO you get paid?

I am a stay at home mama, so I have no overheard at work, but this is my favorite thread, I come here everyday to read the new posts, so please keep them coming.

Clients usually have no problem paying  me the retainer, but once their retainer is exhausted, it is difficult to convince them to keep paying me.

Here is a gem that just walked into the office.  This client owns 17 residential properties and they are all in foreclosure.  Client told me that she wants me to help save ALL of them via a modification.  However, she just admitted to me that she rode the bus to my office, since she doesn't have gas money.  Nothing surprises me anymore.

CheapskateWife

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Re: Overheard at Work
« Reply #2697 on: May 27, 2014, 09:01:48 AM »
Never really thought about the idea of our possessions possessing us until this weekend, when a former CW shared with us that he "slaved" around the house all weekend.  His house has a beautifully pristine lawn, recent 25% expansion in square footage (they are empty nesters), and they continue to "improve" their property, all the while complaining about the job he has to maintain in order to sustain these "things".  The crazy thing is this guy is a military retiree...and at his final rank, that pension is more than adequate.

He choses to be a slave to his possessions.

NumberCruncher

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Re: Overheard at Work
« Reply #2698 on: May 27, 2014, 09:35:04 AM »
Oh, Gatornation, those are so sad, but yes, how DO you get paid?

I am a stay at home mama, so I have no overheard at work, but this is my favorite thread, I come here everyday to read the new posts, so please keep them coming.

Clients usually have no problem paying  me the retainer, but once their retainer is exhausted, it is difficult to convince them to keep paying me.

Here is a gem that just walked into the office.  This client owns 17 residential properties and they are all in foreclosure.  Client told me that she wants me to help save ALL of them via a modification.  However, she just admitted to me that she rode the bus to my office, since she doesn't have gas money.  Nothing surprises me anymore.

Are you telling me "mortgage modification" isn't just lawyer speak for "magic free money"?

Man, that changes everything!

CommonCents

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Re: Overheard at Work
« Reply #2699 on: May 27, 2014, 10:46:33 AM »
Ahh you reminded me of another terrible coworker.

Strike one:
This guy has a 1 bedroom apartment with his cat. He's super close with his parents so I thought it was stupid that he was moving out bc he claims he claims he has practically no savings and is paying off his student loan. As soon as his one car loan was about to be paid off, this guy chooses to trade it in and buy a NEW car. I ask him why but a new car, you were about to have no car payment at all. His response, "it was priced right". A new car is neverrrrr priced right.

I fail to see why it's a strike for an adult to stand on their own and not sponge of mom & dad any longer.  (Now yes, better to have a place where he can also save and to not buy a new car, but still, not making mom & dad foot his lifestyle is good.)