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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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What can I buy with all this extra cash I have???
#6710600 - 03/25/07 07:04 PM (16 years, 10 months ago) |
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Here is the deal:
I'm a 22 year old male and college student. When I am not at work or at school, I am sitting on the internet wasting my time or chilling at a friends house drinking cheap vodka and smoking a little weed. I do not spend any money beyond my required and most basic life expenses. I live completely simply and cheap.
I have $8,000 sitting in the bank that I have saved up and I have nothing pressing that I need to be saving for. I am now working as a waiter and the money is going to begin flowing in faster than ever.
What the hell can I spend the money on? I would like to travel but none of my friends have spare money. I am used to living a plain vanilla cheap bastard lifestyle and I cannot even begin to imagine what to do with my money now. I want to splurge. I want something to show for all my hard work besides a bank statement.
I need some suggestions!
Edit: In a couple years I will be in law school which will put me into debt due to student loans. The way I see it, anything I save is going to be gone in a year or two anyway due to law school.
Edited by Amber_Glow (03/25/07 07:14 PM)
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HeavyToilet
The Heaviest OfThem All


Registered: 08/06/03
Posts: 9,458
Loc: British Columbia
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710609 - 03/25/07 07:06 PM (16 years, 10 months ago) |
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Why be an idiot and piss it away on junk?
Be smart and save your money -- you'll eventually need it.
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Dark_Star
train driver pervading a desktop



Registered: 08/20/04
Posts: 31,859
Loc: Uranus
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710611 - 03/25/07 07:06 PM (16 years, 10 months ago) |
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If I were you I'd save that money. I blew a ridiculous amount of moeny, and am now struggling to get my shit back together.
The thing is, you never know when you're going to need it.
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DNKYD
Turtle!

Registered: 09/23/04
Posts: 12,326
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710614 - 03/25/07 07:08 PM (16 years, 10 months ago) |
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Keep it in a savings account so you can just make money off of it.
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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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Re: What can I buy with all this extra cash I have??? [Re: HeavyToilet]
#6710617 - 03/25/07 07:09 PM (16 years, 10 months ago) |
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I do not want to spend my whole life working hard and earning money just to have it sit in a bank account. I have to live for the moment a bit here. And for the past few years I have done nothing but save.
I want to spend my money on something for a change.
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adrug

Registered: 02/04/03
Posts: 15,800
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710618 - 03/25/07 07:09 PM (16 years, 10 months ago) |
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Invest a big chunk of it. Save the rest to splurge on little things to make your daily life better. OR, take the rest, and go on a vacation. Going on vacation alone is nothing to be ashamed about.
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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Re: What can I buy with all this extra cash I have??? [Re: adrug]
#6710622 - 03/25/07 07:11 PM (16 years, 10 months ago) |
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save it some more.
when you get out of college you'll have 12k+ and thats a nice down payment on a house 
hold onto it man - you wont regret it.
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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710623 - 03/25/07 07:11 PM (16 years, 10 months ago) |
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Also, I will probably attend law school in a couple years so I will have to take out loans and be in some major debt anyway. Yes I could save until then but I will still only have enough money to pay for a fraction of those schooling costs.
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: What can I buy with all this extra cash I have??? [Re: adrug]
#6710624 - 03/25/07 07:11 PM (16 years, 10 months ago) |
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Quote:
adrug said: Invest a big chunk of it.
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Silversoul
Rhizome


Registered: 01/01/05
Posts: 23,576
Loc: The Barricades
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710625 - 03/25/07 07:11 PM (16 years, 10 months ago) |
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Save it. It'll help you down the road.
I have $35,000 in stocks that my parents just transferred to my name. I'm going to use it to make a down-payment on a condo once I move out of my apartment.
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vigilant_mind
unfazed



Registered: 01/19/07
Posts: 1,717
Loc: boco
Last seen: 14 years, 6 months
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710635 - 03/25/07 07:14 PM (16 years, 10 months ago) |
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I'd say maybe invest some of it and just save the rest.
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Middleman

Registered: 07/11/99
Posts: 8,399
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710637 - 03/25/07 07:14 PM (16 years, 10 months ago) |
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Buy Euros, the USD is gonna crash....
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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710645 - 03/25/07 07:17 PM (16 years, 10 months ago) |
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I mean, what do you guys like to splurge on? What is something that brings entertainment or joy or something to your life that had to cost you a few hundred or maybe a thousand or two? :p
Thought: maybe Yoga classes. :/
Edited by Amber_Glow (03/25/07 07:22 PM)
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Mezcal
Registered: 08/11/05
Posts: 1,980
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710666 - 03/25/07 07:26 PM (16 years, 10 months ago) |
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Travel, get a nice collection of chemicals for posterity's sake, invest in the stock market, donate to charity...
Or like everybody else said, keep saving! If you put all that into a retirement fund now, you could retire with an extra 250,000-750,000, possibly more.
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Sinbad
Living TheMoment


Registered: 12/23/04
Posts: 2,571
Loc: Under The Bodhi Tree
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710672 - 03/25/07 07:29 PM (16 years, 10 months ago) |
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Quote:
Amber_Glow said: I mean, what do you guys like to splurge on? What is something that brings entertainment or joy or something to your life that had to cost you a few hundred or maybe a thousand or two? :p
Thought: maybe Yoga classes. :/
Yoga classes are a good investment. Try Hatha Yoga, its generally very good if you get the right teacher.
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AlteredAgain
Visual Alchemist



Registered: 04/27/06
Posts: 11,181
Loc: Solar Circuit
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Re: What can I buy with all this extra cash I have??? [Re: adrug]
#6710673 - 03/25/07 07:29 PM (16 years, 10 months ago) |
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Quote:
adrug said: Invest a big chunk of it.
Quote:
Middleman said: Buy Euros, the USD is gonna crash....
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vigilant_mind
unfazed



Registered: 01/19/07
Posts: 1,717
Loc: boco
Last seen: 14 years, 6 months
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Re: What can I buy with all this extra cash I have??? [Re: Mezcal]
#6710677 - 03/25/07 07:29 PM (16 years, 10 months ago) |
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Quote:
donate to charity
Don't donate it. I'm sorry, but donating money is stupid. You're not creating any more wealth, you're only transferring money from your account to someone else's.
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eeso
Str@nger


Registered: 03/25/07
Posts: 554
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Re: What can I buy with all this extra cash I have??? [Re: adrug]
#6710694 - 03/25/07 07:34 PM (16 years, 10 months ago) |
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I second the 'don't blow it all' sentiments. Buy some cool shit sure, but keep building a savings account and as that grows look into investing.
Seriously. I had a ton of cash (for me) coming in from my job at one time, even put together a profitable real estate deal, but ended up blowing it all.
Living off unemployment at my friends house at the moment. Don't be me.
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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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Re: What can I buy with all this extra cash I have??? [Re: Amber_Glow]
#6710699 - 03/25/07 07:35 PM (16 years, 10 months ago) |
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Maybe I should start gambling in the research chemical market and see if I can score something?
The only problem there being that I cannot risk getting arrested for trying to buy drugs off the internet. :/
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Amber_Glow
Sat Chit Anand

Registered: 09/02/02
Posts: 1,543
Last seen: 10 years, 10 months
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Re: What can I buy with all this extra cash I have??? [Re: eeso]
#6710708 - 03/25/07 07:37 PM (16 years, 10 months ago) |
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I want to buy cool shit but I can't imagine what cool shit to buy.
I guess I just need to stop being a stingy bastard. I mean, I drink 10 dollar handles of vodka. I guess I just need to make small upgrades in my life and not worry about spending money. I worry about spending money for no reason. I am a cheap bastard with a large bank account.
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