What's worse?
>1) Working at a good job (bank, accounting, lawyer, corporate) and making decent money to be able to buy things you want and repeating a monotonous process of waking up every morning to go to work, only to go to sleep at night to repeat the process again until you retire at 65 and realize you've done literally nothing with your life
OR
>2) Actually making an impact on the world in other, lower-paying fields
>>79402895
Implying there's no mix between them both
>>79403195
/thread
Op the world isn't black and white.
Not being a pea brained woman
>impact in the world with low pay jobs
thats kike speak. you have no impact if you have no power, you have no power if you have no wealth.
>>79402895
Fast food workers don't make an impact with their lives. College educated proles are only as useful as their careers, and their uneducated counterparts are literally just plebs meant to grease the wheels of the economy. The only people that matter, (if wealth is your scale,) are the rich.
Ground-breaking research jobs are more important then healing retards who hurt themselves.
>>79402895
Wtf is wrong with her money management that she could only pay 1500 a year towards her loans???
>>79402895
Really she should have just prepaid that 26k. A little overtime at a menial job and she could have knocked it off in < 5 years.
>>79402895
maybe she should've majored in a better field
I'd put money she's voting for bernie too
>>79403546
>you have no power if you have no wealth
Now THAT'S kike speak
>hurr durr I only paid the minimum on my loan for two and a half decades why do I still owe money
>mfw over 50% of Americans have less than $1000 on the bank, or no savings at all
>22 years old working barely above minimum wage for 4 years and I have $10k in savings right now, live by myself and own a car
I don't understand how people can not have money.
>>79404416
Surely, you jest.
>>79402895
The only you do that has any impact beyond your immediate surrounding is having kids and raising them right. Nobody will remember who you were in a 100 years.
Your job is a means to pay the bills while participating in the economic life of your community. If you can get a good job, good for you. If you can only get a shit-tier job, it's ok too. As long as you pull your own weight and are adding value to your community, you're doing fine.
>>79404416
But it's true. Wealth follows power. Powerful people can ask for money and people will give it. They can be paid to give their opinions. Individuals, companies and institutions will provide for them merely to garner favor.
>>79404662
well, it's much easier to live in Idaho than it is in Chicago.
You dont have to worry about getting shot and your rent is probably $1.
>>79404662
They have kids that they dote on, and blow money on stupid shit all the time, and eat out every day
>>79404662
Can I get a source on that 50% stat?
>mfw I'm a student working part time and I've got 2.5k
>>79402895
>23 years to pay off a 23k loan
Ops pic probably paid the absolute bare minimum on the loan while disregarding the interest rates on the loans she had. More than likely just bullshit.
>>79404675
>>79404776
Knowledge is power.
>>79402895
dumb bitch doesnt understand interest needs to back to school
>>79405376
Knowledge is nothing without the means to act on it.
>>79404662
My brother and I were puzzled by this as well anon, but then we figured it out. They constantly live above their means. They'll get a credit card and always pay interest on it. They'll get the new iPhone. They'll waste it on addictions like alcohol or tobacco. They'll go to McDonald's (because it's "cheap") and spend $12 on a meal. Then they'll live in really expensive places without roommates to split the rent with. Then they are surprised when their minimum wage check barely covers their stupidity
These people act like they were forced to take these high interest student loans.
They should've known what you were getting into prior to borrowing.
And yet they have the audacity to place the blame on everyone and everything but themselves. Typical leftists.
>>79402895
>>79404243
>>79404392
>>79404392
It's called only paying the interest but not the principlal
>>79405443
Action is worth nothing if it's mindless. Knowledge is the source, it's what prompts you to do correct and appropriate actions. The truth is more valuable than money. How much money would you spend to know all that there is to know in the world? Knowledge of the truth of things is what enables and encourages all productive action including exchanges in currency and goods.
>>79402895
>lawyers and accountants do nothing impactful
I lnow liberals are retarded but this nugget really pushed the envelope
>"hehehe, remember goy- uh, I mean, free american citizen. Universal healthcare and free university is the work of communism. And that is bad news. Now sign here for your loan or else get a job at mcdonalds. hehehe
>>79402895
This is too much stupidity, why didn't she get a job, accumulated the money AND THEN entered a college with the full amount of cash she needed initially?
Is there something I am missing? What's the catch?
I borrowed more and in 8 years it's almost paid off
what a dumb fucking cunt
>>79402895
What did she pay college with a payday loan?
>>79406466
She fell for the university meme.
Partied/whored all the time at her liberal college, instead of just being a Christian housewife making babies.
Now's she in debt, and like the spoiled child she is, refuses to admit it's her problem and simply work towards fixing it .
>>79402895
>~75k net
>inflation greater than 2%
>assuming 0 payment, is a 5% annual loan (26k*1.05^23 ~= 80k)
>this bitch is literally unable to pay off ~3% of the value of her college tuition annually
>wot
>>79402895
>taking out student loans
>then paying it on minimum
>ever
W E W
E
W
>>79407753
I don't understand, I paid my 11k back in less than 2 years and my max window of repayment was 10 years. How did she get a minimum that stretched over that 10 year window?
>>79402895
How the fuck do you only pay $116 per month on a $26400 loan?
Surely the minimum repayment must be at least enough to pay the interest? Who gives out loans like this?
>>79402895
Being a moron and putting yourself into being a slave to debt is pretty much what you deserve.
As to your question, living a 9-5 lifestyle isn't an inherently bad lifestyle choice, as long as you're focusing on yourself through all of it. Going to work and living life on autopilot is a pathetic existence, but having self awareness about your choices and choosing one lifestyle over another is an example of self empowerment.
>>79404922
>not saving up money before she went to college
>>79406217
>It's called only paying the interest but not the principlal
If she paid interest only shouldn't she owe 26.400?
Explain how this usury works please, i am no debt goy so i don't know.
>>79411288
Maybe stuff like the expiration of her payment window, bank failing and credit moving to another bank etc. forced her to renew the loan with worse payment terms/higher interest.
>>79408643
because you live at home with mommy and daddy.. so no worry about paying any bills.
>>79404922
Don't overestimate the abilities of the average people. If you can borrow money, why bother to save any you make?
>>79410771
>a savings account is the same thing as savings
I seriously hope no one here actually falls for the good goyim 0.00001% interest rate savings account.
>>79402895
What classes did she take where she never learned about negative amortization?
Underwater Basket Weaving?
>>79413525
I'm pretty sure that the people they asked don't have gold stacked behind the walls.
>>79402895
FYI, since the nationalization of student loans in 2009, all federal loans are forgiven after 20 years of payment under current regulations.
>>79413525
I do have a savings account with a credit union but I also always keep around 2 grand in cash hidden in my house.
>>79408643
>that flag
the fuck? I have pretty decent geography knowledge and even I had to look up where that is
>>79413174
>kind of rare
>>79414490
what about if a nigger invades your house for the cash?
>>79414543
Don't live in an area with nigs, but it isn't just laying around. I guess it's a risk I take.
>>79402895
She probably paid the minimal monthly amount, which, if she went to school for economics, she would understand how interest works and how government subsidized loans have higher interest. If she were smart she'd pay off the loans at higher rates first with sums of money larger than the lowest monthly amount.
>Idiots borrow money and complain when they have to pay it back because they're uneducated idiots
>>79406466
Unfortunately, American Public Schools really, really, really push the fuck out of kids to go to College IMMEDIATELY after High School because "if you don't go to College you're going to work at McDonald's". I skipped out on College and went straight to work, and I started at $12/hr while the people I know who went to College have no jobs and are already over $100,000 in Debt in less than a year. I almost have $10,000 in Savings after saving for half a year while they have $0 and will continue to have $0 because they are going to school full-time for Culinary School and fucking Liberal Arts Degrees.
>>79404662
>credit cards
>$100 cellphone bills
>eat out every day for lunch
>always get energy drinks in the morning before work
>go out to drink with friends every friday
>new car
>student loans
>basic entertainment like games and movies
>gym membership
>vacations
Now that i have no friends and no credit cards, pay everything cash, I have over 10k in savings after 2 years. may not seem like much to some but its a shitload more than before.
>>79413525
I do. It's either that, more gold, overvalued stocks or be a good goy with mortgage.
>>79410771
I don't have a separate savings account, but I have $30k on my regular account. Does it mean I have no savings?
>>79415513
what do you do?
>>79416145
there's no point in keeping that much cash in a regular checking account.
>>79416335
I sell parts for Heavy Machinery with my Father.
>inb4 Nepotism doesn't count
>>79404416
thatsthejoke.mpeg
>>79404850
I wish I lived in Idaho
Chimpcongo is a fucking shithole
>>79416395
Why not? I see only advantages in easy access to my own money
First is better, cause in the end I I'll retire happily
Also I work in college, during high school I saved up enough money from working to get an apartment on campus, rents 1100, kinda rough getting by but I'm doing it
>>79403195
/Tråd
>>79402895
What's with this meme that white collar jobs are soul crushing? I work in the Tech sector and the ONLY thing I hate doing is waking up in the morning and it's not even early (7AM).
You have to look at what you are paid but also are tangible benefits.
I get unofficial comp time
I can go and leave as I will
I have my own office
I work with 2 WHITE MALES who are awesome and BS all day
I spend 7 of my 8 hours shitposting on 4chin, which is what I would be doing anyway for free
Come on niggers. Don't be such defeatist faggots. Working isn't even bad if you find the right organization. Not every place you work for is fucking office space tier.
Millennial fucking shits.
>>79416541
You should invest it instead, the money kept in savings accounts will depreciate as interest rates are lower than the rate of inflation
>>79402895
You are sort of insane.
Most of the big change in US policy is made by attorneys who do Public Interest work or become AUSAs or judges. They have a huge impact on the world.
If you are successful in a banking or finance career you will be making decisions that impact thousands to millions of people.
Corporate-- are you trying to tell me that CEOs do not impact the world? Even VPs often do. Even director levels, at some companies.
Usually high salaries and job titles are given to people who are changing and impacting the world.
Social workers, teachers, firemen, etc -- they are a part of a system already created and while they get to feel impactful, they are not actually effecting real change in the world, they are just fulfilling predesignated roles. People who control policy and make big decisions are the people who change the world.
>>79416687
I've "invested" $13k in stocks last year and lost most of the money. Thanks, I'll pass
Dumb bitch is definitely only making the minimum payment and probably majored in liberal arts or humanities. It's really not that tough to not go into massive debt. I had a job through high school and put my earnings into a scholarship trust that was set up for the government to match every dollar I put in. That, combined with scholarships and I'm set to make it through university without debt. I currently have 30k in my savings account, have 10k left to pay on my car (which will be paid off in 3 years). Just don't be retarded with your money and life is easy
Reminder that the fucking idiots you see buying fancy coffee from Starbucks every morning are pissing away up to a grand a year on it.
>>79402895
A college graduate taking 20 years to pay back $26k. Shameful.
I wonder what her major might have been.
>>79417169
With Jews you lose
>>79417169
>buying a car over 10k
good goy
>>79417240
>fancy coffee
Man I just like a large white chocolate mocha with whipped cream
>>79416946
You're dumb if you invested $13K in stocks in 2015 and lost over 50%.
>on noes, better sell everything every time it drops a little and reinvest when it comes back up!
>>79416946
Buy a tracker fund, contribute to it often and leave it for 25 years minimum. Forget it even exists. If you want to buy stocks 'you like the look of' or build your own portfolio alongside it, treat them like any other gift - save up for them like a luxury but don't rely upon them for retirement.
>>79417263
I've got a reliable vehicle which I can count on for atleast the next 5 years and its a status symbol. Keep driving your rust bucket and telling yourself its to stop the Jewish conspiracy, dumbass
>>79417248
what i dont understand is how can you double the amount that you owe
like what kind of retarded rate did she get? 50%?
its her fault.
i took like 20k loan for school and i finished paying it in 2 years rate was like 3% or some shit. i dont remember
>>79402895
>I deferred my loan so fucking long despite paying the absolute minimum on it that the interest out paced my shitty payments
>Get a credit card
>Pay off the whole debt with the card
>Go bankrupt
>>79411288
Its not usury, she's retarded
>>79416946
That's because you're a dumb nigger, if you're too stupid to know how to invest you should just stick your money in mutual funds.
>>79402895
She fell for the degree meme. Wish we could see her major.
>>79417751
Or get someone to manage your stocks for you
>>79402895
You figure you can sleep in late if it's a low paid field, junior?
>>79402895
It should be everyone's aspiration to play the game, regardless of whether everyone should win it or not.
>>79402895
>lol le Drumpf had a loan of $1,000,000... Pfft he had it so easy!
>takes out $26,400 can't even pay that back in a timely manner
>>79417946
>>79416480
it's not nepotism that's the problem. but you have to admit you do have an advantage that many other people do not.
" Why worry about a student loan. Its the cheapest loan you'll ever get!"
>>79417946
Audibly, my man. Audibly.
>>79416946
what did you invest in to lose more than 50 percent of the money?
>>79402895
she left off how she paid the minimum so the interest would build up.
>>79417607
technically, that would be ineffective. if the bankruptcy trustee finds out that is what happened, he'll oppose the discharge probably.
>>79402895
nothing in the world matters
just do what YOU want to do
cause no one really cares what you do
>>79416946
>Trading with less than $50k to start with
I can imagine how that went, every little tidbit on motleyfool and every little up or down blip causing your finger to hit buy or sell, completely ruled by your emotions and internal 'willing' the chart to go up when its obvious it already peaked before you even bought the stock
>>79417389
https://www.instagram.com/iamiskra/?hl=en
if anybody's interested
>>79417339
I know that it was completely my mistake to fuck around with penny stocks, but I'd like to not get involved in any kind of investments anymore, even after I learned my particular mistakes. So I just keep all my money on a checking account
>>79417389
> leave it for 25 years minimum
I don't feel comfortable when I don't have immediate access to my money, so I'll pass.
>>79405537
You sound like you have no friends or personality.
>>79419031
>I don't feel comfortable when I don't have immediate access to my money, so I'll pass.
It's retirement money. It's not savings or a rainy day fund. Just treat it like a necessary payment that comes out of your salary that you can't avoid - like your electricity bill or health insurance or whatever. What's left over is the money you can put into savings or spend on a TV. You should already have an emergency fund that you can live off for six months before you even think about investing a dime.
>>79419486
>It's retirement money
I don't think it would be wise to stay in America after my retirement. Life is excensive as fuck here. That's why I don't even have 401k
honestly, how is it that all you austistic anime loving basement dwellers seemed to have figured out finance like it's easy?
>>79419753
Yeah but you need to stash your money somewhere until you decide to do that and you'd be as well making a profit on it while you wait.
>>79402895
>monotonous
Derivatives trader here, moving into debt derivatives structured products here soon at a "bank". My work is not "monotonous" plus you advance every 3-4 years. Kill yourself retard
>>79419793
>don't spend more than you make
>you don't need cheap plastic shit like the ((media)) says
pretty simple desu
>>79419963
My money are "stashed" in my regular checking account and only I have access to it. I have no friends and no life, so I don't have any urges to spend my savings on something empty. That's why I feel ok having all my money in one place and accessible to me anytime.
>>79420217
I spend my money on drinking and groceries car payment insurance and rent. My cell bill is only 70$ and I just pay for Internet. Idk how I'm always so fucking broke.
Hard question OP. I was real close to becoming a teacher because I love teaching and would have fun at work every day of my life but I instead went to law school. I'd like to think that somehow making $160k in a biglaw firm is somehow making a difference to the world but it's really not.
My dream as a kid was to be a high school English Literature teacher and coach soccer and cross country in a quaint small town where I can be involved in the community and affect people's lives. Instead I just make bank.
>>79402895
I'm a Cpa, 27. I make about 100k a year and with my earnings and earnings potentially I was able to attract and marry a stable blonde who makes 100k and is hot
If you want to make a difference just stick your neck out there and discuss the uncomfortable truths that those of us on the right know. Don't just sit in this circle jerk and talk about it
Spend time researching facts and understanding logic and good talking points and you can actually change people's minds
>>79404662
I get fucking anxiety when my checking goes below 10k
>>79420365
But if you're not spending it and you're not in any debt why do you need immediate access to it? Why wouldn't you invest it - even in something really low risk - that's going to pay you more in interest than whatever shitty rate the bank are giving you? You're basically pissing money away.
>>79417525
if she paid the 32700 / 23 anually, it would be an interest rate of around 6.5%
What's the usual interest on student loans in murca?
>>79420838
>6.5%
that sounds about right actually.
>>79420838
Pretty similar, I refinanced them through my home equity and pay 2.5% now
>>79420802
>why do you need immediate access to it?
I feel safer that way. If something unexpected is going to happen, I can always withdraw all my funds and fix that, or even change my life drastically like leaving the country and such.
>Why wouldn't you invest it
Because I had bad experience with it. Yes, all my deals on blue chip stocks were profitable, but as soon as I decided to fuck around with penny stock (and I diversified my investments in them) everything went worse than expected.
>even in something really low risk
There are not so many things in the world that have really low risk of depreciation. And I definitely not going to buy gold or shit like that.
>>79408643
STEALTH
>>79421314
>I feel safer that way. If something unexpected is going to happen, I can always withdraw all my funds and fix that, or even change my life drastically like leaving the country and such.
This is why I said you should have a six month emergency fund before investing a penny.
>Because I had bad experience with it. Yes, all my deals on blue chip stocks were profitable, but as soon as I decided to fuck around with penny stock (and I diversified my investments in them) everything went worse than expected.
Day-trading is a quick way to go broke. Buy a tracker fund. If you want to trade stocks you like on an individual basis, treat them like you would betting the horses - an occasional thing and only with money you can afford to lose.
Would you all recommend a 2nd job in addition to 40hr full time job? Plus pt uni? I cucked myself over in my earlier 20s and I can't seem to save a dime.
>>79421664
Quality is better than quantity
Need to find a income source that you can make a lot on instead of multiple minor ones
>>79421551
>If you want to trade stocks you like on an individual basis, treat them like you would betting the horses - an occasional thing and only with money you can afford to lose.
Yeah, I was totally ready to lose those $13k on penny stocks, and that's why I played with them. Now I just don't feel like it, despite the fact that my savings tripled since then.
Even index funds can go mad as we saw it several times for the last couple of years. So thanks, I'll better loose the moneys value because of the steady inflation than risk again
>>79408643
RARE
A
R
E
>>79417632
>usury
Runs the world, get real. Inflation, bubbles, regular economic crashes, rich getting richer...When it was introduced after the crusades - by the Pope of Rome - it was limited to 3% simple interest and was used to redistribute all the stolen wealth with strings attached. Since then it has grown into a refined system of economic slavery that produces nothing of value to society except spawn a parasite class. Inject usury into any monetary system and it's really just lighting a fuse that is difficult to extinguish. Usually ends in war. This system has literally defined western economic systems for 800 years now and why a country like Switzerland, a capitol of usury, can feed eternally like a bloated parasite on the rest of the world.
Becoming a parasite on society is actually a coveted and respected life plan today!
>>79422360
Don't forget humans are utterly shit at mathmatics anyways, so unless you're a legitimately diagnosed autist or other extreme mental type, complex things like algebra, exponents, and interest will elude you.
3% of $100 is $3.
added to $100 and apply again the same 3%, that $103 is now $3.09 resulting in $106.09
3% of $106.09 is $109.27
So after just a few itterations of interest you already owe an additional 10% of what you were originally loaned... Now imagine that there was only ever $100 worth of valuable objects in the entire world; The person who's giving you the loan is now asking for shit that doesn't exist and what you couldn't possibly provide.
Usury/interest needs to be illegal and these criminals locked away.
>>79422360
>>b...but DEUS VULT it's just the Jews, Whites are blameless in usury....
people are so bluepilled here they don't realize the Templars were actually closet satanists
>>79425051
that was a lie developed by the king of France at the time to consolidate power.
