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Financial Issues

Brumrha

Banned
Since the U.S. is in a recession, there have been quite a few people that are either in debt, or even worse, bankrupt. With the issues of finances being as hot as it is now, I'm very surprised that nobody has even spoken about their finances around here.

That changes now, however.

In here, you can talk about your financial conditions, whether you're having trouble paying off your credit cards, bank statements, stocks, all that & more. Just make sure that if you're going to laugh at someone at their expense, make sure that they're deserving of it; otherwise, be prepared for some tongue-lashing, as this is a serious discussion. Why? Well, you can hardly do anything if you're broke, now can you??
 
Well, let's see...I am going through a financial issue, actually...mainly towards college tuitions.

Sure, I was awarded Cal Grant, but that doesn't truly solve the problem. Unfortunately, I was rejected from FAFSA (for some strange reason), and my family doesn't even make a whole lot of money. Starting next winter quarter, just about every single one of us will have to inevitably pay more, mainly because not only professors are being laid off, but tons of classes will be cut. I think it's pretty obvious that California is undergoing fiscal reckoning like usual.

For the record, I attend Cal State East Bay, one of the best business colleges in California, but I don't know if all other CSU's or UC's are affected by cuts and layoffs.

Currently, I'm in pursuit of awards and book vouchers, if possible, since it improves the chances of survival in college. Not only that, I'll need to re-apply for FAFSA this April, so I can't miss that opportunity.

In the end, to endure the crisis, it's pay extra or bust.
 
Well, let's see...I am going through a financial issue, actually...mainly towards college tuitions.

Sure, I was awarded Cal Grant, but that doesn't truly solve the problem. Unfortunately, I was rejected from FAFSA (for some strange reason), and my family doesn't even make a whole lot of money. Starting next winter quarter, just about every single one of us will have to inevitably pay more, mainly because not only professors are being laid off, but tons of classes will be cut. I think it's pretty obvious that California is undergoing fiscal reckoning like usual.

For the record, I attend Cal State East Bay, one of the best business colleges in California, but I don't know if all other CSU's or UC's are affected by cuts and layoffs.

Currently, I'm in pursuit of awards and book vouchers, if possible, since it improves the chances of survival in college. Not only that, I'll need to re-apply for FAFSA this April, so I can't miss that opportunity.

In the end, to endure the crisis, it's pay extra or bust.
Good Arceus, you're in a bigger crisis than me. I'm currently in the use of something here in Ontario called "OSAP". Basically, it's student funding that's provided by a government group. Sure, I'll have to pay this thing off for the next... 5-8 years (not looking forward to it by any means, but it's not so bad), but at least it pays for my tuition, and I get spending money for school supplies (and I'm very irritated by the cost of some of this stuff. The tablet was a no brainer; I knew I'd have to pay an arm and a leg to get it. The English textbook is laughing at me, cost me about $70.). Granted that's something I came to expect.

However, once I'm done College, I'll have 4 months to get a part time job somewhere (I'm thinking I'll avoid my previous workplace; they weren't giving me enough hours), and hope I get one for at least 2 of those months for extra spending money on my next College year.

I'm not in a particular jam, but the fact that this is the first time I'm budgeting stuff, having to pay for monthly rent (ironically, I've so far only had to pay for about 3 of the 8 months. And seeing as the last month is also already paid off, that's just another 3 months. Not very long I might add), and buying my own food.

A first, but I managed.

It's the main reason I barely bought anything game related unless "the price was right". And that's a shock, even for me.

Yep, College is a very interesting experience; you learn more than you bargained for, and you get to find out how to budget things in ways you never expected. And your realize just how quickly several thousand dollars really go by (especially when you're paying for some off the material).

<C_L>
 
Good Arceus, you're in a bigger crisis than me. I'm currently in the use of something here in Ontario called "OSAP". Basically, it's student funding that's provided by a government group. Sure, I'll have to pay this thing off for the next... 5-8 years (not looking forward to it by any means, but it's not so bad), but at least it pays for my tuition, and I get spending money for school supplies (and I'm very irritated by the cost of some of this stuff. The tablet was a no brainer; I knew I'd have to pay an arm and a leg to get it. The English textbook is laughing at me, cost me about $70.). Granted that's something I came to expect.

However, once I'm done College, I'll have 4 months to get a part time job somewhere (I'm thinking I'll avoid my previous workplace; they weren't giving me enough hours), and hope I get one for at least 2 of those months for extra spending money on my next College year.

I'm not in a particular jam, but the fact that this is the first time I'm budgeting stuff, having to pay for monthly rent (ironically, I've so far only had to pay for about 3 of the 8 months. And seeing as the last month is also already paid off, that's just another 3 months. Not very long I might add), and buying my own food.

This is probably me, but I'm not even looking forward to loan grants, since you'll eventually have to pay it all back (plus a little extra) at some point of time. Even if it was...say a million dollar loan, no thanks. And speaking of textbooks, what I'd do before buying a textbook is to browse for the textbooks I'll be using for my classes, and then go on a desktop/laptop (yes, they have it at the bookstore in my campus) and lookup the book on Amazon.com, and determine whether I should buy that book from the bookstore or not. If cheaper on Amazon, I'll buy it there. Saves around $100-$200, if you ask me. Doesn't apply to some classes, since certain professors render certain textbooks as 'optional'.

It's the main reason I barely bought anything game related unless "the price was right". And that's a shock, even for me.

I'm with you on this. I basically never spend my money on games...and the last thing I spent on were art supplies (for my art class, which I'm taking as an elective...I knew I'd end up with an A in that class). Lately, I've only been sticking to Touhou games (since I can download it...somewhere...not gonna link), since I can play it in the library if I wanted to (though I mostly ended up working on homework/essays there).

Yep, College is a very interesting experience; you learn more than you bargained for, and you get to find out how to budget things in ways you never expected. And your realize just how quickly several thousand dollars really go by (especially when you're paying for some off the material).

<C_L>

To me, college is pretty much 'best time ever' in my opinion. You get to meet new people, befriend others, and maybe improve your social life...but however, that doesn't apply to everyone. There's others that keep things to themselves, and I don't blame on them - that's their lifestyle. I'll admit - I wasted two extra years in a community college because of professors that make students look stupid. We have this and this for reasons like what I mentioned.

So yeah, for new college students, extreme despair awaits to those who are inept at studying.
 
I"m the only one in the house who is employed currently, earning $8 an hour.
My dad was laid off a little over a year ago. He's had countless interviews for jobs this past year, and every single time he was beat out by a person just out of college.

So, we're currently living off my paychecks and his little unemployment.
 
We're pretty financially bleak. Some accidents have steeped us in bills that are somewhat overwhelming lately, and continuous medical complications do nothing to help the situation. The job market is also not very welcoming to greenhorns and/or people with familial problems at the moment.

All things said and done, it sucks that so very many happinesses are dependent on one's being financially secure. It sucks bad.
 
In Canada the situation is not that bad. I have struggled with financial difficulty all of my life, but now since my father's income has stabilized and I earned large scholarships, I ironically during the recession am not that uncomfortable at all (not living in luxury, but the bills get paid).

However, I have seen many cases of my friends being forced to work longer hours to keep households afloat, but those are rare. I seem to notice that in the U.S. the situation seems worse, and my sympathies go out to anyone currently beleagured by financial woes, because I had them for basically my entire teenage years up until now.
 
This is probably me, but I'm not even looking forward to loan grants, since you'll eventually have to pay it all back (plus a little extra) at some point of time. Even if it was...say a million dollar loan, no thanks. And speaking of textbooks, what I'd do before buying a textbook is to browse for the textbooks I'll be using for my classes, and then go on a desktop/laptop (yes, they have it at the bookstore in my campus) and lookup the book on Amazon.com, and determine whether I should buy that book from the bookstore or not. If cheaper on Amazon, I'll buy it there. Saves around $100-$200, if you ask me. Doesn't apply to some classes, since certain professors render certain textbooks as 'optional'.
Like I mentioned, I'm not one to accomplish "online" shopping. I don't even have a credit card (or a driver's license, but let's not go down there, k?).

I'm with you on this. I basically never spend my money on games...and the last thing I spent on were art supplies (for my art class, which I'm taking as an elective...I knew I'd end up with an A in that class). Lately, I've only been sticking to Touhou games (since I can download it...somewhere...not gonna link), since I can play it in the library if I wanted to (though I mostly ended up working on homework/essays there).
I've only bought 2 games this year (Kinetica[PS2] at EBGames for about $10, and GhostBusters: The Video Game at Rogers Video for about $20). In fact, the reason I decided to softmod my Wii was to enable me to "play" games I'd like to try out, but know it would cost me quite a sum to actually buy them. However, I do plan on buying them eventually; it's just not a priority at the moment.

To me, college is pretty much 'best time ever' in my opinion. You get to meet new people, befriend others, and maybe improve your social life...but however, that doesn't apply to everyone. There's others that keep things to themselves, and I don't blame on them - that's their lifestyle. I'll admit - I wasted two extra years in a community college because of professors that make students look stupid. We have this and this for reasons like what I mentioned.

So yeah, for new college students, extreme despair awaits to those who are inept at studying.
I'll admit, I'm rather enjoying my College experience. It's not at all like anything I've ever been to. It's like school, but you have 1 class per day (which is unusual for me, having always had 1 day per class. And I've been used to this for my whole life. So imagine my surprise when I found this out).

Also, due to how my program works, each of my exams is mostly a "hand on" assignment. In fact, I have a Flash exam on Friday, and 2 3DS Max 10 models also due for Friday (one of them is an assignment, the other is our actual exam). I'll admit, Game Development is a deceptively tricky course, but the thing is, if you don't apply yourself to it, it just drags (only 1 class I've done this, and for some reason I can't for the life of me figure out why...).

Also, for that "rate my teacher" site, I decided to try that for fun. Seems like I'm not the only one who has the same impression for this one teacher (ironically, he's the guy who apparently "set up" the entire program. Which... I have no idea how to put that kindly. He's not a bad guy, or mean, but he has a near sarcastic and "I know you probably know this, but pretend you don't" type attitude. It's very hard to describe. I need a good comparison of someone else for this to make sense). Every other one of my teachers are fun and genuinely great. Some are a bit more serious (which, for them, is kind of what makes them better teachers), while others know how to be fun, yet keep to the "truthfulness" of what they're saying.

But yeah, I'll admit, I had my worries about College, and so far, most of them are squashed.

And the strangest thing is (maybe you can explain it for me), I find I'm actually more hungry here, than I am at home when I visit. It's very strange, and I don't quite know why.

In terms of student loans, I find the timing of them a bit... strange. My first one came the second week of September on a Friday (I was in class by Wednseday, but it was just an introductory section), and the next one comes on the first week of January (the 4th, which I learned this afternoon). The problem comes when I'll be gone for all 3 weeks of my Christmas/New Years holiday, and won't be back till the second week. And I'm going to have to pay my January rent. I'll have my money on time, it's just going to be awkward to pay the guy who I'm renting the apartment room for a bit later than usual (but I've paid all my other months on time, and a good portion of the people in this apartment also go to either a College or University). Guess I'll figure this out when the time comes.

<C_L>
 
Like I mentioned, I'm not one to accomplish "online" shopping. I don't even have a credit card (or a driver's license, but let's not go down there, k?).

I don't blame you, since I know plenty of students that can't even drive and/or do not own a credit card. I'll admit - I don't have a credit card (well...I do have a debit card, but I never even used it once), so it's usually either my dad or my oldest brother that does the online shopping. I'm one of the students that takes the bus to my campus (thank god for free transit).

I've only bought 2 games this year (Kinetica[PS2] at EBGames for about $10, and GhostBusters: The Video Game at Rogers Video for about $20). In fact, the reason I decided to softmod my Wii was to enable me to "play" games I'd like to try out, but know it would cost me quite a sum to actually buy them. However, I do plan on buying them eventually; it's just not a priority at the moment.

Sadly, I don't own a Wii, so knowledge for someone like me that doesn't own a Wii is very limited. In terms of buying, as usual, take your time...pursue other higher priorities and come back to your lower priorities when the time comes. The only game that I bought this year, really, is Platinum (well, it was obvious anyway), but yeah.

I'll admit, I'm rather enjoying my College experience. It's not at all like anything I've ever been to. It's like school, but you have 1 class per day (which is unusual for me, having always had 1 day per class. And I've been used to this for my whole life. So imagine my surprise when I found this out).

In college life, it's pretty much anything goes, since it's their 'preference'. When I was in community college, I mainly took two classes every day (except Friday) in almost all the semesters I attended there, barring the last two, in which I had class every Mondays-Fridays. Now that I'm in a 4-year university, in the latest quarter I finished, I took one class on Mondays and Wednesdays, and two classes on Tuesdays and Thursdays. Workload's not really that bad, but even then, the exams compared to the ones I took in community college are even more intimidating, but hey - it's a 4-year university.

Also, due to how my program works, each of my exams is mostly a "hand on" assignment. In fact, I have a Flash exam on Friday, and 2 3DS Max 10 models also due for Friday (one of them is an assignment, the other is our actual exam). I'll admit, Game Development is a deceptively tricky course, but the thing is, if you don't apply yourself to it, it just drags (only 1 class I've done this, and for some reason I can't for the life of me figure out why...).

If I remember correctly, in classes where multiple computers are present (e.g. art classes, like Photoshop and Flash, as you mentioned), most of the exams are 'hands on', while the usual lecture classes (where the classroom only consists of desks) involve the usual multiple-choice exams. As I mentioned, I took an art class in which the classroom is full of Macs. There were no textbooks or exams when I took it...after all, it's an art class. I think I'll go ahead and assume that Flash falls under the 'Art' category, but then again, that's just me.

Also, for that "rate my teacher" site, I decided to try that for fun. Seems like I'm not the only one who has the same impression for this one teacher (ironically, he's the guy who apparently "set up" the entire program. Which... I have no idea how to put that kindly. He's not a bad guy, or mean, but he has a near sarcastic and "I know you probably know this, but pretend you don't" type attitude. It's very hard to describe. I need a good comparison of someone else for this to make sense). Every other one of my teachers are fun and genuinely great. Some are a bit more serious (which, for them, is kind of what makes them better teachers), while others know how to be fun, yet keep to the "truthfulness" of what they're saying.

Everyone has their own perspectives about a 'certain' teacher. There's this statistics teacher I took, and from other people's perspectives, they were insatiable with the teacher, since she gets mad when students ask her questions. To me, I didn't seem to find her that bad, but that's just my perspective. I did, however, know who in my class posted a negative comment on her reviews on ratemyprofessors.com. But then again, choose your poison. If a class becomes full before you could even get a chance to register...that pretty much negates your chances of survival in the upcoming future quarter/semester (it's happened to me already...and I don't think I'll survive my next quarter because of the crappy professors).

And the strangest thing is (maybe you can explain it for me), I find I'm actually more hungry here, than I am at home when I visit. It's very strange, and I don't quite know why.

This is probably me, but I just never eat...even the entire time I'm in campus. At least this is a good way for me to save money, and I'm not willing to pay $4 for a slice of pizza. Even my friends are aware that I hardly ever eat, so from time to time, they just order food for me, even though I didn't want it, but they forced me to eat it anyway, so I didn't really have that much of a choice, do I? How was I able to survive a long period of time without eating? Some family problem I went through 4 years ago... But really...you might just want to bring your own food - saves up money that way.

In terms of student loans, I find the timing of them a bit... strange. My first one came the second week of September on a Friday (I was in class by Wednseday, but it was just an introductory section), and the next one comes on the first week of January (the 4th, which I learned this afternoon). The problem comes when I'll be gone for all 3 weeks of my Christmas/New Years holiday, and won't be back till the second week. And I'm going to have to pay my January rent. I'll have my money on time, it's just going to be awkward to pay the guy who I'm renting the apartment room for a bit later than usual (but I've paid all my other months on time, and a good portion of the people in this apartment also go to either a College or University). Guess I'll figure this out when the time comes.

<C_L>

So I take it you go by the quarter system? Anyway, well...since I don't live in the dorms, I can't really say much about it, but I do live a couple miles away from the campus. Honestly, I've never actually paid rent, but it'll soon become an inevitable moment for me one of these days. Like all the smart money decision-makers, spend your money wisely.

(I doubt anyone else other than you would read this post, since this post is most likely tl;dr, but if someone else is reading this post and that's the case, then skip this post.)
 
My dad's a doctor, we're well off, we've paid off our house, his job is secure...
Hate me : D
I have "better" members to hate than you. It's going to take more than that for me to hate a member.

<C_L>
 
Well, there's a big chance we're going to lose our house to foreclosure >_____>;; Even after we've paid off most of it...

It's not a cheap house either... to just lose it like that....

It's difficult, since my father has his own business, he has at the very least $20,000 worth of bills every month. So he has to make at the very least THAT MUCH to even be even :c
 
Thankfully here in India its not affected us much yet. My dad's boss was sacked so we're not very sure how long he'll be able to stay, but he's getting a fair number of companies interviewing him. And one of them might be his next workplace.
 
My dad's a doctor, we're well off, we've paid off our house, his job is secure...
Hate me : D

That sounds so wonderful, though. You're very lucky to be so securely set up, especially in the current economic climate. I only wish to be so successful in the future, and the knowledge that it will be a struggle is awfully concerning. I'm very glad for you and your family, Mr. Mudkip. ^_^

Well, there's a big chance we're going to lose our house to foreclosure >_____>;; Even after we've paid off most of it...

It's not a cheap house either... to just lose it like that....

That, on the other hand, is just terrible! We've just moved to the best house we've ever lived in, but had an awful setback that makes affording it a problem. The possibility of losing this nice home is always at the corner of my thoughts, too. I do hope very much that your family can pull through and keep your house, Scrible.
 
I'm a college student who isn't in debt yet, mostly thanks to saving money when I was younger, and now I currently sell my body.
 
I'm 13 what is this
 
I'm 13 what is this

I think you're too young to know what's around the world of financial crisis. But since I'm assuming you're aware of the bad economy, take a look on how this economic slump affected (nearly) each and every one of us...in some way.

People's homes being foreclosured, many employees being laid off...really, it's 'do or die'...
 
I think you're too young to know what's around the world of financial crisis. But since I'm assuming you're aware of the bad economy, take a look on how this economic slump affected (nearly) each and every one of us...in some way.

People's homes being foreclosured, many employees being laid off...really, it's 'do or die'...

I know. My mother feels like she raises another kid, since my brother's friend's mom has been through a divorce, and isn't the smartest with her money. They lost their home in my neighborhood, and now they live in a apartment. She comes over a lot.
 
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