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Old 11-05-2005, 04:00 PM   #1
slapass
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I fucked up this year!

I made great deal of money (for me). I was just checking everything over. I have money for the income tax and that is about it. I bought a car for cash, paid off some stuff and had a fuck load of fun!

But shit shouldn't I have huge bank etc after a great year? What if I do not repeat it? I am sitting here regretting all the cash I burned on dumb ass crap.

I usually buy a commercial building but I skipped it for fun.

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Old 11-05-2005, 04:02 PM   #2
Babagirls
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always invest and then use the extra to spend.

i have 2 stocks that i invest in monthly (my own little retirement fund) and then i save money for tax season. everything else, i spend lol not to say thats smart to do but fuck it, im young, no kids, im allowed to be selfish right now
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Old 11-05-2005, 04:06 PM   #3
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That is one of the reasons I like buying things on credit. I know everyone always says "don't buy on credit, you'll pay more!" Which is true, but I'm fine with that. I'd rather pay an extra 10-15% for something than have to drop a huge load of cash all at once, which obviously ties my hands from investing or emergencies. I can make back my 10-15% by investing more money into my business without too much trouble.

You probably should have leased a car instead of buying, or at least went the loan route.
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Old 11-05-2005, 04:17 PM   #4
slapass
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Quote:
Originally Posted by Sly
That is one of the reasons I like buying things on credit. I know everyone always says "don't buy on credit, you'll pay more!" Which is true, but I'm fine with that. I'd rather pay an extra 10-15% for something than have to drop a huge load of cash all at once, which obviously ties my hands from investing or emergencies. I can make back my 10-15% by investing more money into my business without too much trouble.

You probably should have leased a car instead of buying, or at least went the loan route.
Honestly, it was more Europe, Cancun twice and Brazil a few times. But yeah buying a nice car was sort of dumb. No way to recoup that cash.
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Old 11-05-2005, 04:25 PM   #5
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Holy shit, you went all out! Haha. Hope you had a good time anyway.
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Old 11-05-2005, 04:28 PM   #6
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Same here. I was planning to save loads of money, but instead I spent way more than I saved.
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Old 11-05-2005, 04:34 PM   #7
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Wanna sell your SEO stuff?
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Old 11-05-2005, 04:38 PM   #8
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Wanna sell your SEO stuff?
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back off
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Old 11-05-2005, 06:10 PM   #9
slapass
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WG,
Not selling a thing but i still think we should go halves on that deal.



It was a great year. But I look at guys that own big programs or sites and my income is not as stable as theirs. I probably will not get 10 years of big cash out of my setup. I need to go less wild and save some cash in the mean time.
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Old 11-05-2005, 06:51 PM   #10
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be thankful you have the skill to make the kind of money you are. i wish i could master seo. i wouldn't worry about wasting what you already have but have some kind of plan set up to put away X percentage of your income for savings/retirement/whatever.
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Old 11-05-2005, 07:12 PM   #11
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We go by the 10% program.

If we buy something, A car, a house, go on vacation what ever, we also put 10% of that item or trip cost into a savings account. That way, we have the cash if we ever need it.
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