How long can you go?
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- jamble0
Working from home saves an incredible amount of money on its own. I never really noticed while I was commuting.
- rough0
less than a month.. damn I need to get my shit in order
- kelpie0
I reckon if I knuckled down and could persuade a bank to give me a 3K loan to consolidate a few bad debts (not hopeful) so I could start to run in credit again then maybe, just maybe over the next 6 months I could set myself up with a 2 month buffer but I'd need to reduce everything I do to practically nought. Kind of thinking of doing that anyway right enough
- I know it's tough, you want money? don't fucking spend it is the only way to save.chossy
- Bluejam0
6 months max
- neue75_bold0
I'm already eating noodles and listening to Dinosaur Jr...
- it can't get much worse..neue75_bold
- I aint telling you a secret I aint telling you goodbyee ieee ieeechossy
- start choppin'neue75_bold
- she's my post to lean on I just cut her down.chossy
- kelpie0
I can't afford to charge my iPod for the Dinosaur Jnr. I do have sardines though. swap?
- _me_0
a few months..... could probably do a year if i quit drinking...
- maximillion_0
QBN has become the wing man of the doom-mongering BBC
- I'm throwing myself off a building to raise awareness for Creative's plight.kelpie
- I'll knock up a donations page, with gift aid we should be able to cover the layoffskelpie
- perfect!, hurry up because the blood is draining quite quickly from my wristsmaximillion_
- kuttyranks0
yesterday :(
- Horp0
Maxmillion, I have been thinking the same thing this. What has happened over the last 24 hours that has got you all so in a slump? Has the news reported soemthing bad that I've missed?
Come on you lot. Chins up. You wont die from being broke, you are lucky enough to live in a country that doesn't tolerate such things. You WILL learn valuable lessons about not ever getting duped into parting with your cash for essentially worthless consumer nick-nacks ever again though, so its a win-win. New ipod? Must have that... Oh look, new Iphone, well, okay then, oh... iphone upgrade? oh look, new ipod, oh look, matching trainers, oh look, new X-Box, OH! LOOK! NEW SONY PLAYSTATION!!! OH!!! LOOK!!!!! NEW APPLE MAC!!!! OOOHHHH FFFUUUCCCKIINNNGGG LLLOOKKKK!!!!!! NNNEEEWWW FFFUUCCCKKKIIINNGGG IIIPPOODDD AGGAAIINNN!!!!!!!!!!
As bad as your situation might get over the next 24months, you will still be light years ahead of 90%* of the world's population.
* Made up statistic, designed to offer guilt-motivated reassurance.
- Once during downsizing I made a living off of $200/week. It was hard, but I did it...theredmasque
- So now I know worse comes to worse, I can always survive. I have more $ to fall back on now though in savingstheredmasque
- kelpie0
actually, you're too conservative with your made up statistic
- Well there you go then. I'm in the top 0.24% and I'm not even close to rich by UK standards.Horp
- nonsense! YOU EARN UPWARDS OF 80K A YEAR??kelpie
- what a rich one!mistermik
- Don't envy, sterling is going down. In a few years his pounds will be worth the paper they're printed on. Cheered up yet?rafalski
- I reckon you should take my place in the jump rafalski, your depressed enough anywaykelpie
- haha,mistermik
- I'm self employed don't forget. My earning fluctuate wildly. I have none of your job security.Horp
- I'd take an insecure 4x my salary anyday! haha, only kidding, you're worth it you glorious bastardkelpie
- Don't forget too that I'm in the south and you are in the north and there is a difference. I wish I hadn't posted that stat now...Horp
- I though it would just be a wildly generic appraisal based on a catch-all national statistic. = (Horp
- why Kelpie? It's £, not € dropping. We do cheap UK shopping to boost yer economy ffs!rafalski
- yeah, its relatively more expensive to live here! fuck you you rich tory bastard, you're for a lynchin!kelpie
- (that wasn't in reply to you raf)kelpie
- Boo hoo, I'm no tory.Horp
- South..
*smears the BNP map with one greasy finger, scratches head with anotherrafalski - I'm only kidding Horp :Dkelpie
- NotByHand0
I'd be begging more than the American auto industry.
- Horp0
Right, I think that's enough of this miserablist nihilism now. Two things are certain and undeniable:
1. Talking about how bad things could get WONT make anything better
2. Talking about how things could get WILL make everything worse.
Stop now, before you all send yourselves off into the mire of horplessness. IT WILL BE FINE. IF YOU HAVE THE MEANS TO READ THIS, THEN YOU ARE VERY FORTUNATE IN LIFE.
- blackspade0
been 6 weeks so far and counting haha
- do you need a job permit in the uk?rafalski
- i have ancestry visa so no i dont. I just havent been working fulltime, doing the odd freelance job from home when i need some moneyblackspade
- rafalski0
Hey this was meant to be a positive thread. If you don't have savings, it all seems simple: spend less, save more that's all. Prepare your lunch at home. Borrow music from friends instead of buying..
Actually, read Seth Godin's advice:
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Urgent personal finance adviceIf I could only share one piece of personal finance advice to grads or to just about anyone, it would be this:
Only borrow money to pay for things that increase in value.
It's a short list: your business, your house and your education, mostly. Stocks if you're smarter than me. That's pretty much it.
If you have credit card debt, you're in big trouble. Your bank account has a huge leak in it, and it's getting worse. Hence the urgency.
If you have credit card debt, that means that every time you spend money (even cash), you're borrowing money to do so. And so, if you're going out to dinner or buying a new pair of shoes, you've just broken the single most important rule of personal finance. You're spending borrowed money on stuff that is decreasing in value.
This is an emergency. It's an emergency because every single day you wait, the problem gets worse. A lot worse.
My suggestion: Go to defcon 1, and do it immediately. Shift gears to live well below your means. That means:
No restaurants
No clothes shopping
No cable TV bill
No StarbucksIt means:
Take in a tenant in your spare bedroom
Carpool to work
Skip vacation this yearEat brown rice and beans every night for dinner. Act like you have virtually no income.
The result? You'll save $5,000 to $20,000 a year. Send all of it to the credit card company. Do this until you're debt free, the faster the better.
There. Now you're rich. Now you get interest on your savings instead of paying the bank. Twenty years from now, this emergency action will translate into perhaps a million dollars in the bank, depending on how much you earn and how serious you are.
You can thank me then.
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- rson0
You should always be 6 months out.
- paraselene0
are there no prisons? are there no workhouses?
- What?Horp
- eg: we'll all be fine. :)paraselene
- http://uk.youtube.co…paraselene
- http://uk.youtube.co…paraselene
- Oh okay, HA, I thought you were having hysterics about being dragged off to pauper's prison.Horp