Essential The Locker Room's Random Thoughts

[Lana Kane]

delete - i thought this was the ladies group

 

[Atlrocafella]

pay day!

That mollywater thread had me dying last night

 

[86\*/98]

I just realized how racist this site is towards cacs.

 

[Panther]

I'm trying to figure out who you are though

a coli poster who just so happens to go to the same university as you

 

[ThaBronxBully]

You Ever See Someone Post Some Quote Or Some Saying On A Social Network And You KNOW That Person And How How Hypocritical It Is Of Them To Post It, The Nerve lol

 

[SiickCurllyGurl]

a coli poster who just so happens to go to the same university as you

Let me catch you slipping at the library one time

 

[Panther]

Let me catch you slipping at the library one time

lol i actually caught someone in the library once like 2 years ago on sohh, you wont be the first

 

[Akata Man Bromo]

Car loan down to $1900. I've never been this close to paying off a car before...real nervous/anxious like.

I noticed that you're really mindful and smart with your money. Have you always been that way? Did you just one day make a budget for yourself and just stuck with it? I ask because I recently made a new budget for the upcoming year and its pretty aggressive but Im not sure if it's completely realistic

 

[SiickCurllyGurl]

lol i actually caught someone in the library once like 2 years ago on sohh, you wont be the first

i'm about to be lowkey noisy now..

 

[Elle Driver]

I never realized that it's so hard to learn an entirely new language especially as an adult, I wish I learned it when I was younger. Embarrassing to see family members and it's so fluid to them but I'm just completely confused.

 

[Rawtid]

I noticed that you're really mindful and smart with your money. Have you always been that way? Did you just one day make a budget for yourself and just stuck with it? I ask because I recently made a new budget for the upcoming year and its pretty aggressive but Im not sure if it's completely realistic

Well, I've always paid my bills on time but I blew money after that. I started listening to Dave Ramsey and turned my focus on not only paying bills on time but being smarter with the "extra" money. The first step of being smarter was to get out of debt, so that's what I've been focusing on for a while now and as time passed I've gotten better.

:inlove: that you have a budget for 2014 in place. I have a forecast as well. The best advice I can give is PLAN PLAN PLAN as much as you can. If you know a certain event is coming (homecoming, friends b-day, birthdays, etc) or you'll want new gear for summer/fall/winter/spring, then put money in there for that. The more you plan, the less surprises you have and then you get a truer sense of your where your money goes.

If you think it's aggressive and unrealistic then it's probably is. What areas do you feel aren't very realistic?

 

[Akata Man Bromo]

Well, I've always paid my bills on time but I blew money after that. I started listening to Dave Ramsey and turned my focus on not only paying bills on time but being smarter with the "extra" money. The first step of being smarter was to get out of debt, so that's what I've been focusing on for a while now and as time passed I've gotten better.

:inlove: that you have a budget for 2014 in place. I have a forecast as well. The best advice I can give is PLAN PLAN PLAN as much as you can. If you know a certain event is coming (homecoming, friends b-day, birthdays, etc) or you'll want new gear for summer/fall/winter/spring, then put money in there for that. The more you plan, the less surprises you have and then you get a truer sense of your where your money goes.

If you think it's aggressive and unrealistic then it's probably is. What areas do you feel aren't very realistic?

Well I've downgraded on a lot of my monthly expenses and did well with my 2013 budget. I paid off my car, and sold my townhouse 3bed 3 bath (made hardly any money on it). I now live in a studio downtown (cheap and fits my lifestyle) and I walk to work daily Since I got my new job, I'm making 3-4 hundred extra a month. What I really want to do is buy another place in 2-3 years but I want to avoid some of the mistakes that I made the first time I bought. I want to put down at least 25%. My last place I only put down 3% and I got KILLED with fukking PIP insurance and my interest rate too I use to want to throw up when I saw how much was actually going to principal But any way.... I want to have around 60k and be debt free (only thing I have now is student loans, down to 55k) and that 25%. I'll buy my dream spot then and be set I think I'm being too ambitious but its possible.

 

[Rawtid]

Well I've downgraded on a lot of my monthly expenses and did well with my 2013 budget. I paid off my car, and sold my townhouse 3bed 3 bath (made hardly any money on it). I now live in a studio downtown (cheap and fits my lifestyle) and I walk to work daily Since I got my new job, I'm making 3-4 hundred extra a month. What I really want to do is buy another place in 2-3 years but I want to avoid some of the mistakes that I made the first time I bought. I want to put down at least 25%. My last place I only put down 3% and I got KILLED with fukking PIP insurance and my interest rate too I use to want to throw up when I saw how much was actually going to principal But any way.... I want to have around 60k and be debt free (only thing I have now is student loans, down to 55k) and that 25%. I'll buy my dream spot then and be set I think I'm being too ambitious but its possible.

Seems ambitious because you're early in the game, but having a budget/game plan is a step in the right direction. Once you start it, time will go by quickly. Be thankful you did it "wrong" the first time because now you know better.

The guidelines that Dave Ramsey give when buying a house are:

• Be completely debt free
• 3-6 months emergency fund in the bank
• 20% down (or if you do less focus on paying down that PMI in the beginning)
• No more than a 15 year fixed rate where the payment is no more than 25% of your monthly take home pay.

I found this youtube by Dr. Kunjufu who pretty much has the same guidelines and it was refreshing to hear it from a black man (no knock to Dave Ramsey). I plan on buying a house in 2015 (fingers crossed) and those are the criteria I plan to have in place.

 

[twan83]

Seems ambitious because you're early in the game, but having a budget/game plan is a step in the right direction. Once you start it, time will go by quickly. Be thankful you did it "wrong" the first time because now you know better.

The guidelines that Dave Ramsey give when buying a house are:

• Be completely debt free
• 3-6 months emergency fund in the bank
• 20% down (or if you do less focus on paying down that PMI in the beginning)
• No more than a 15 year fixed rate where the payment is no more than 25% of your monthly take home pay.

I found this youtube by Dr. Kunjufu who pretty much has the same guidelines and it was refreshing to hear it from a black man (no knock to Dave Ramsey). I plan on buying a house in 2015 (fingers crossed) and those are the criteria I plan to have in place.

ya I'm looking too focus getting a house and build up my savings account a lot more and try too be debt free as possible
but thank god i won't pay property taxes for a house when i buy one

 

[Akata Man Bromo]

Seems ambitious because you're early in the game, but having a budget/game plan is a step in the right direction. Once you start it, time will go by quickly. Be thankful you did it "wrong" the first time because now you know better.

The guidelines that Dave Ramsey give when buying a house are:

• Be completely debt free
• 3-6 months emergency fund in the bank
• 20% down (or if you do less focus on paying down that PMI in the beginning)
• No more than a 15 year fixed rate where the payment is no more than 25% of your monthly take home pay.

I found this youtube by Dr. Kunjufu who pretty much has the same guidelines and it was refreshing to hear it from a black man (no knock to Dave Ramsey). I plan on buying a house in 2015 (fingers crossed) and those are the criteria I plan to have in place.

I will check both out later