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kayne2000

Member Since 17 May 2010
Offline Last Active Feb 15 2015 03:16 AM
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Posts I've Made

In Topic: LE PsOne PS4 preorder Dec. 6

27 December 2014 - 05:47 PM

p.s.

 

glad to see we are all mostly getting our ps4's.

 

still no idea what to do with it lol. also that box is a lot bigger than I expected.


In Topic: LE PsOne PS4 preorder Dec. 6

27 December 2014 - 05:46 PM

Another funny thing, I'm paying for school and saving up for a car b/c I hate the idea of taking out a loan to get a car. I plan on paying for my first car in cold hard car. Luckily I live close enough to the city where the bus takes me anywhere I want / need to go for the time being.

 

Even at that, not everyone can save up their money to just get something full price all at once. People do have other responsibilities such as kids, school, medical expenses, rent, etc. Couple that w/ a low paying job and little skills to improve (not everyone has a college education or came to this country with buckets of money). Why do people automatically assume that everyone who is in debt must not know how to manage their money? Life is in more shades than black and white.

 

Anyways, every has a different story and different ways of saving money. The fact that we are on a site called "CHEAPASSGAMER" somewhat proves most people here are somewhat responsible w/ their money (not all obviously).

 

And you still need credit for the more obvious stuff like a home. I don't know much people who pay for a home (not rent or lease) w/o some type of loan. Just b/c people have credit cards doesn't mean they are in some debt either. I have a CC and pay more than needed just to help my credit score. The payments are so small that it doesn't stop me from doing anything. Yes I wish the system was different and I didn't need a CC to prove I can make my payments but that's the system we live in.

why on earth do you need a credit score if you are planning on buying the car straight up? see you don't need a credit score for that.

 

while not EVERY single person in debt has no idea how to manage money.....but generally speaking people in this country do not have any idea how to manage money. this is evidenced by our insane levels of debt. also other countries besides America have been having some serious financial problems. this does not happen unless the vast majority of people don't know how to manage money. this is just a fact.

 

odds are if you are in debt you don't know to handle money. im not sure why you'd argue this point. and part of not managing money could very well be you don't cut out unnecessary expenses like cable or internet or eating out or whatever else. also as someone who has maxed out credit cards before and know quite a few people who have, my general experience is this is a result of 0 money management.

 

you also say some folks cannot afford to save up money.....after I facepalm at that statement, lets look at why that makes NO SENSE. lets say a car payment is 200 a month. the car you are buying is 4000. regardless of how you get there you are still need to make that payment of 200 a month or you can save 200 a month. cut out the middle man of a loan or payments and probably haggle out a cash discount saving money, not to mention a part of that 4000 is interest. so either way to make that payment you are still "saving" 200 a month. the difference between a payment and actual savings should be pretty obvious. i'd also argue if you are embarking on a payment plan because you cannot save money, then I have to ask the million dollar  question....where is the money to make the monthly payments coming from?

 

and just because we are on a CAG doesn't mean much, we are site full of compulsive buyers with backlogs that have no end, go look at the collection postings thread to see just how awful we are. I suspect there is some hoarding of the game and dvd variety. im not knocking on it, im here and guilty of it too to some degree.  so im not sure using this site really supports the idea of we are money savers.

 

and as far as homes go....unless your bank is an idiot(which is very possible), you need to make a down payment this requires *GASP* saving. maybe i'd make an exception on a mortage but embarking on a 15 year or 30 year payment plan? no. go into that debt free and pay that bad boy off within a couple of years if you can. go nuts about it.

 

as for credit card rewards? go invest, its better. and no its not worth using just to use because youll buy stuff anyway. the temptation is too great and ive yet to see a person with a credit card that keeps the balance on 0 every month nor do I believe anyone that actually tells me otherwise. maybe your the exception....great but that's you that's 1 in a million. if that is you great. have at it, but im betting its not. why? cause when we swipe that card we don't pay attention to it more often than not and we end up over spending vs when we pay cash we see it leaving we can even feel it. its painful to hand over 200 dollars but not to "charge" 200 dollars. its a mindset.


In Topic: LE PsOne PS4 preorder Dec. 6

26 December 2014 - 08:02 PM

ready for some earth shattering revelation? here it is. guess how else you can buy a car? SAVE MONEY. tada no credit score required. amazing I know right?

 

again the idea that you need a credit score to take out loans for future purchases is completely contradicting towards the idea of saving money. A credit score is only an indication of how well you pay off debts and how often you take out loans. the flaw in this logic is you must actually borrow money. so it encourages reckless spending aka credit cards or mortages you cannot afford or the ever deadly car payment cycle.

 

however if you *GASP* save and invest money instead you will create wealth. wealth that can be used for whatever the hell you want.  my fundamental point is rather than borrow and rely on a worthless credit score to borrow money for an item....save for that item and buy it outright.

 

now maybe the people on this site in this thread are money masters. I admit the possibility, but America and the world did not get into massive trillions of dollars worth of debt because the people are financially responsiblie as a whole.

 

so telling me that burning credit cards is the dumbest advice ever or one of the dumbest just proves one thing. you want to spend money you do not have to buy crap you cannot afford. plain and simple because that is all a credit card and loan  can do. however I propose buying it outright, it may take longer in terms of a car or house but it is doable.

 

but no you guys are right....pile on the debt, built a score, get saddled with loans for your house on top of your credit card debt and car payments and student loans. oh yes that all sounds amazing. does it come with a free rope to hang yourself with too? because that's how you build a good credit score.

 

as for the thread mine arrived but its still boxed, im still undecided.


In Topic: LE PsOne PS4 preorder Dec. 6

26 December 2014 - 05:26 PM

no doubt college is tough but the simple fact remains 99% of poor people have a huge problem with money and the problem is not knowing how to manage what money you have and getting a console and flipping it isn't going to solve that underlining problem. using a credit card is proof people don't know how to manage money.

 

im not saying its easy or I don't get it, ive been the broke ass college student that had no money till one day I did the unthinkable. I made a budget, I read dave ramseys books, and I decided telling my money what to do instead of vice versa was the answer and holy **** a crazy thing happened.....I managed to while making peanuts, save money.

 

unbelievable I know.

 

p.s.

 

heres a pro tip:

 

burn the credit cards.

 

guess what now im the non-broke college student.


In Topic: LE PsOne PS4 preorder Dec. 6

26 December 2014 - 04:09 PM

Actually, it's a one of 12,000 item.  :booty:

someone doesn't know what a figure of speech is