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Any credited advice re: Saving Cash v. Living It Up in late 20's/early 30s?
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Date: June 20th, 2016 11:37 AM Author: Bipolar sanctuary Saving like an Early Retirement Extreme student v. Spending it all and living well banking on making much more $ later in life? (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746704) |
Date: June 20th, 2016 11:38 AM Author: Marvelous electric furnace Wouldn't you need a job to "save" cash? Kind of hard to sock away part of your $0/month paycheck. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746711) |
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Date: June 20th, 2016 11:38 AM Author: Big stead philosopher-king You can always earn money later. You'll never be young and wild again. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746714) |
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Date: June 20th, 2016 11:39 AM Author: Marvelous electric furnace he looks 40, is bald and has no friends. How wild is he going to get? (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746721) |
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Date: June 20th, 2016 11:40 AM Author: copper floppy school cafeteria Buckfuckingwild (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746726) |
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Date: June 20th, 2016 8:11 PM Author: Heady Translucent Abode (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30750342) |
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Date: July 30th, 2017 7:01 PM Author: Sinister Dark Hell Round Eye "You can always earn money later."
The market for 40+ people is on fire! |
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Date: June 20th, 2016 11:39 AM Author: thriller emerald codepig jew It's not that expensive to "live it up." I guess depending on what your definition is. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746718) |
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Date: June 20th, 2016 11:40 AM Author: sooty laughsome mad cow disease CR, unless you are needlessly blowing $ on bottles and expensive dinners, you can pregame at home and go out lit up on cheap vodka and spend like $20. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746723) |
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Date: June 20th, 2016 11:46 AM Author: Bipolar sanctuary ha my idea of living it up at this point in my life is copping a decadent studio for 1.6k a month (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746773) |
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Date: June 20th, 2016 11:39 AM Author: copper floppy school cafeteria You can save and live it up in most of the world and the USA making < $60k a year. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746719) |
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Date: June 20th, 2016 11:39 AM Author: opaque coffee pot box office Just don't get married or knock up a random and you should be able to live it up. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746720) |
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Date: June 20th, 2016 11:51 AM Author: Bipolar sanctuary priority #1, don't have kids of marry (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746824) |
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Date: June 20th, 2016 11:41 AM Author: Supple Free-loading Shrine If your serious you can set yourself up before your 30 to have meaningful independent sources of income outside of a regular job. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746729) |
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Date: June 20th, 2016 11:41 AM Author: copper floppy school cafeteria Go on... (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746735) |
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Date: June 20th, 2016 11:45 AM Author: Bipolar sanctuary I like this idea and if I maintain my budget and lifestyle I can save almost 2k a month with a 3.8k take home. I just don't know if that's worth it though.
I pay 1k in rent each month, it's tough making a decision on whether I should cop a studio for 1.5k a month or just stay with roommates, save aggressively and cop a condo in the next 2-3 years.
For example I feel like girls judge me based on having roommates etc, and copping a 180 GF is important, especially as I get into late 20's and the 180 girls at locked down. |
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Date: June 20th, 2016 11:47 AM Author: Dun weed whacker gaming laptop Ur balding and make shit money. No 180 chicks will get with you (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30746783) |
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Date: June 20th, 2016 12:32 PM Author: brass wild haunted graveyard station He doesn't even make shit money, he is unemployed. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747170) |
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Date: June 20th, 2016 12:33 PM Author: Supple Free-loading Shrine Ideally you want a chick who is down with you right now with what you have, because having money and flashing it or whatever will attract the worst kind of woman on the spectrum. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747176) |
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Date: June 20th, 2016 12:34 PM Author: Marvelous electric furnace He better find a chick ASAP that's ok what he has right now, because the bottom line on the top of his head is only going further in the wrong direction. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747186) |
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Date: June 20th, 2016 12:36 PM Author: Supple Free-loading Shrine Oh is this the guy who is tripping about being bald? He should just shave that shit and move on in life (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747200) |
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Date: June 20th, 2016 12:51 PM Author: pea-brained karate (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747286) |
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Date: June 20th, 2016 12:35 PM Author: Bistre abnormal stage rigor it is the fact u have several female roommates that's the problem dude (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747187) |
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Date: June 20th, 2016 12:57 PM Author: Mahogany Shitlib Crotch Good ideas, it's also beneficial to be independently wealthy from inheritance or the largesse of a family member. Obviously, the more you can invest and save, the better (generally). But living an austere life in your 20s to be 35 and have $18k of "passive" income every year is pretty ridiculous. You'll get to 35 and you'll still work because $20k isn't enough, and you'll have missed out on opportunities to go places and meet people and experience new things. So, go out, do stuff, don't spend all your money though. Most importantly, don't stay at a shit job that is draining your soul away. There are always options. |
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Date: June 20th, 2016 8:20 PM Author: Sepia fantasy-prone foreskin church building plz explain how i can do this in the 3 years i have left (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30750395) |
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Date: July 2nd, 2016 11:38 AM Author: Sepia fantasy-prone foreskin church building (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837553) |
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Date: July 2nd, 2016 11:42 AM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837565) |
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Date: April 25th, 2017 9:42 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163163) |
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Date: June 20th, 2016 12:31 PM Author: disturbing cuck My opinion: as long as you're under 20k in credit card debt during your 20's, you're fine. If you're successful in your 30's, cutting a 20k check isn't that big of deal. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747165) |
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Date: June 20th, 2016 2:57 PM Author: Bipolar sanctuary lol that's quite a turn around (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30748162) |
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Date: June 20th, 2016 12:37 PM Author: Flushed Odious Corn Cake Prole asking this Q = PROLE GOY TELL (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747202) |
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Date: July 2nd, 2016 11:25 AM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837498) |
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Date: June 20th, 2016 12:44 PM Author: Grizzly charismatic step-uncle's house "I like this idea and if I maintain my budget and lifestyle I can save almost 2k a month with a 3.8k take home. I just don't know if that's worth it though."
it's not if you are intelligent/upwardly mobile. i had the same experience. every time you move up the socioeconomic ladder and your income/wealth/whjatever goes up significantly, your prior scrimping and saving becomes almsot inconsequential. it's like struggling to save $5 in high school before you get a real job, then all the $5s you saved mean very little
my first job making $30k i scrimped and saved, and now making a lot more than that all the money i saved then was pretty chump change
at some point you do hit a cap, but until then all the saving you do in prior life stages is compeltely overshadwoed as soon as you level up |
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Date: June 20th, 2016 12:48 PM Author: sapphire razzle-dazzle temple preventive strike counterpoint: scrimping and saving teaches you moderation even if the $$ is insignificant (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747265) |
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Date: June 20th, 2016 12:59 PM Author: hairraiser azn jap CR, it's about values and mentality rather than the money itself.
Plus, it's entirely possible you don't "level up" or some major event derails your life, and then the money is highly consequential. |
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Date: June 20th, 2016 1:11 PM Author: Grizzly charismatic step-uncle's house sure, thats valid (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747402) |
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Date: June 20th, 2016 12:57 PM Author: Bipolar sanctuary valid point. even if I copped a 1.5k studio instead of my 1k room, I could still save 1k a month. not bad at all, and people in my position get promoted in around 1 yr from 65k to 85k and I think that would def be doable for me (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747315) |
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Date: June 20th, 2016 1:08 PM Author: Marvelous electric furnace how do you pay rent with no income. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747388) |
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Date: June 20th, 2016 1:16 PM Author: Bipolar sanctuary I have savings and just got a job. thank (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747433) |
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Date: June 20th, 2016 5:08 PM Author: Swashbuckling jade orchestra pit lock yourself into being a bootlicking corporate slave so you don't have to share a bathroom (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30749212) |
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Date: June 20th, 2016 12:55 PM Author: galvanic tanning salon puppy Much of it depends on where you live. It is pointless to ball out of control in Pittsburgh or DC. LA or NY on the other hand might give you some memories. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747303) |
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Date: June 20th, 2016 12:58 PM Author: Stirring Crackhouse Roommates. With Jobs. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747318) |
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Date: June 20th, 2016 1:01 PM Author: Bipolar sanctuary Ideally i would find a 2bd nice place that has bedrooms on the opposite sides of the house. That's a totally different situation than having 3 roommates and sharing walls (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747337) |
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Date: June 20th, 2016 1:07 PM Author: curious clear hospital Live it up. I only see two scenarios for our future.
(a) complete overhaul of society, so your savings are meaningless.
(b) this world is a festering TTT, and killself is the best option. |
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Date: June 20th, 2016 1:14 PM Author: Mahogany Shitlib Crotch Ansolutely, living it up decreases life expectancy (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747424) |
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Date: June 20th, 2016 1:08 PM Author: Fighting cracking native (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30747387) |
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Date: June 20th, 2016 2:52 PM Author: Bipolar sanctuary Decadent or shrewd? http://washingtondc.craigslist.org/doc/apa/5636018663.html (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30748109) |
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Date: June 20th, 2016 4:05 PM Author: Lake plaza 1600 + utilities to share a place?
Decadent. What's the XO wisdom on min income to afford a 1600 place? |
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Date: June 20th, 2016 4:13 PM Author: Bipolar sanctuary 1600 is also the minimum id have to spend to get my own shitty studio, but id still be able to save 1k a month which is like 28% of my post-tax income (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30748742) |
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Date: June 20th, 2016 3:26 PM Author: Lake plaza You do want to enjoy yourself somewhere in the middle.
Your life is as valuable towards the end: your cock stops working, you lose your hair, you lose your hearing, social groups wither away, etc... Many experiences are only truly available to the young.
Having said that, I don't have an answer. I need to live like a pauper if I ever want to buy real estate. Or never have kids. It marry well. Or Both.
Edit: Adam Carolla talks about not having health insurance or even modest savings in his late twenties, with no family to fall back on. He figured he'd either make it or he wouldn't. He disdained the modestly confortable and soul crushing middle. I tend to agree with this perspective. This is why fed gov jobs should be avoided
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Date: June 20th, 2016 3:31 PM Author: Marvelous electric furnace would your advice change if OP already lost his hair? (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30748431) |
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Date: July 2nd, 2016 12:37 PM Author: chocolate marketing idea point Ljl (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837863) |
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Date: June 20th, 2016 3:39 PM Author: Bipolar sanctuary i dont plan to ever have kids or marry anyone with less $ than me. I think your advice to find a health medium is good though (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30748492) |
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Date: June 20th, 2016 3:45 PM Author: Lake plaza Herman Hesse disdained middle class life in Steppenwolf. I'm typing from my phone so I can't describe it eloquently.
If I'm honest, I probably troll against a healthy medium. Settling for a fed gov job, marrying a plain woman, and buying a 700k condo strikes me as a shitty life. Many of us won't make it, but give it a shot |
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Date: June 20th, 2016 4:46 PM Author: Bipolar sanctuary XO Steppenwolf, where the pain and anguish of bourgeois life provides the courage necessary to seek change. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30749023) |
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Date: June 20th, 2016 5:10 PM Author: pungent arousing twinkling uncleanness public bath As long as your expenses are growing slower than income you're good (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30749220) |
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Date: July 2nd, 2016 11:10 AM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837438) |
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Date: July 2nd, 2016 11:12 AM Author: Fighting cracking native (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837445) |
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Date: July 2nd, 2016 11:13 AM Author: Bipolar sanctuary Seems like a good argument to save. I wanna buy real estate when shit collapses (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837449) |
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Date: July 2nd, 2016 11:27 AM Author: Fighting cracking native (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837507) |
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Date: July 2nd, 2016 11:28 AM Author: Bipolar sanctuary LOL the apocalyptic shtick is one of my favorites on XO (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837511) |
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Date: April 25th, 2017 9:55 PM Author: racy garrison legal warrant (first to go) (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163260) |
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Date: April 25th, 2017 10:03 PM Author: Pale lascivious pocket flask (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163310) |
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Date: July 2nd, 2016 11:28 AM Author: opaque coffee pot box office "Living it up" doesn't have to be expensive unless you absolutely NEED to do shit like copp bottle service everytime you go out, take a limo or Uber XL or whatever the high end version is called everywhere you go, or NEED to live in some high-end luxury condo/penthouse that cost like $5k a month. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837513) |
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Date: July 2nd, 2016 11:31 AM Author: Bipolar sanctuary Yeah, should have titled the thread, "What should I be saving in my 20's?"
Right now I'm set up to save almost 50% of after tax income on a 70k salary |
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Date: July 2nd, 2016 12:19 PM Author: electric red half-breed Sock away as much as you can and have it invested in a diversified portfolio. When you start you'll need to put most of your savings in a high yield bank account (there are banks offering 1.1% money market accounts) until you have enough of a cushion to start buying index funds. Once you hit the 20k mark invest 10k of it in 3 vanguard index funds (one should be the s&p 500; continue to invest most of your savings in the portfolio). Max out your 401k and Ira if you can. Live as frugally as possible, with the exception of one nice (well-fitted and tailored) suit and dress shoes. Keep your housing costs as low as possible. Don't worry about the commute. Make your own sandwiches at home for lunch. Learn to make pasta or rice and beans for dinner (I just saved you $500 a month). Eat whatever free food is offered in the office. Don't join a gym (long walks and pushups are sufficient).
When you're older you'll chuckle as everyone around bitches and whines about how hard it is to "make it" now. They'll all be loaded with debt, asking their parents for handouts, and enduring a financial stress that will eat away at their marriage/relationship. |
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Date: October 9th, 2016 3:38 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#31597129) |
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Date: December 3rd, 2016 1:31 PM Author: impertinent hilarious chapel party of the first part Only 20k in savings? (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#32046359) |
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Date: July 2nd, 2016 1:00 PM Author: cerebral costumed site goal in life what are you talking about you can be "young" and make it at any age (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#30837966) |
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Date: July 2nd, 2016 1:11 PM Author: razzle slate nowag i'd say this:
when fresh out of school, you can literally live like a poor grad student and still have as much fun as ever. you don't need to be fancy. you can't really win the fancy race in terms of golddigger chicks anyway. so try to save your money. rent, food, transportation and maybe travel are the big expenses. I'd say get roommates, save as much as possible on solo meals and have some left to splurge on dates or out. don't be cheap with others around to judge you. travel while young on those kinds of trips that you can do cheaply and best when young anyway: hostel style backpacking; national park camping; road trips between domestic cities.
so please live it up as much as possible, but as a young person you have a built in excuse to do so in a carefree, young way. don't try to chase some kind of ideal of a baller.
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Date: October 9th, 2016 3:42 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#31597162) |
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Date: October 13th, 2016 2:08 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#31633336) |
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Date: December 3rd, 2016 1:27 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#32046335) |
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Date: April 25th, 2017 9:41 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163157) |
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Date: April 25th, 2017 9:44 PM Author: Adventurous toilet seat principal's office I did not do anything fun or have sex for 5 years after college and banked 400k. i'm sure there's a happy medium. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163179) |
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Date: November 19th, 2017 10:21 AM Author: Diverse sickened meetinghouse (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#34722715) |
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Date: April 25th, 2017 9:44 PM Author: Puce patrolman ticket booth Enjoy your youth. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163180) |
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Date: April 25th, 2017 9:47 PM Author: Buff Chad Famous Landscape Painting savings is always good, but it would be much more effective if u made more money (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163198) |
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Date: April 25th, 2017 9:59 PM Author: Bipolar sanctuary tell me about it (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163279) |
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Date: April 25th, 2017 10:04 PM Author: High-end Provocative Coldplay Fan Stage you're suck a little bitch. just drink some soy milk, get tits and find a husband. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163313) |
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Date: April 25th, 2017 10:04 PM Author: Claret boyish base water buffalo wtf (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163318) |
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Date: April 25th, 2017 10:07 PM Author: High-end Provocative Coldplay Fan Stage he's always like do i do this or do i do that or do i do something else. reminds me of talking on the phone with chicks i don't want to talk to. at some point you put them on the speaker and just start putting dishes away or something. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33163328) |
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Date: April 26th, 2017 1:00 AM Author: Underhanded potus What's ur goal? Whatever it is, work towards that, bc that's what u'll end up doing anyways. If you want to retire early, I guess start saving now.
What happened to the Bulgarian? Get a chick that is down to earth and that u find attractive. It's 180. |
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Date: July 30th, 2017 6:50 PM Author: Bipolar sanctuary (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33886552) |
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Date: July 30th, 2017 6:51 PM Author: Excitant dingle berry ur rich now. time to live it up (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33886558) |
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Date: July 30th, 2017 6:55 PM Author: Bipolar sanctuary im not. but i think there is a decent shot that tezos makes me rich in the next few years (7 figs NW)
im trying to focus on getting promoted or a better job and not bank on making anything in crypto |
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Date: July 30th, 2017 6:57 PM Author: Excitant dingle berry Tezos will probably be huge. just spend it up now. you're future self will thank you. can't buy youth. (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33886583) |
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Date: July 30th, 2017 6:59 PM Author: Bipolar sanctuary when i spend money unnecessarily i feel prole. im a pretty simple guy. maybe ill join a nicer gym and work on fitness more or something (http://www.autoadmit.com/thread.php?thread_id=3260706&forum_id=2в�â¬#33886589) |