suddenly rich, how to get poor?

binarysoul

Don't get jelous, I haven't won the Jackpot and I'm not running in the Canadian or US elections this fall either But I'm going to drive the wheel the other way!

Yesterday I got paid and didn't know what to do with the money! It's been a while since I'm feeling rich although I'm not, at least how it's defined nowadays. I see most people wanting big houses, fancy cars, luxurious furnitures, becoming millionaires and many other things, but not me. I have a descent job, a good car and eventually will buy an average house, but something is stopping me from following the 'crowd'. I see some people trying to get rich having poor temper, poor health, poor greed, and poor bla bla blah. Should I too get poor or stay rich they way I'm?

Diminutive

hookers & blow my friend

vCole

Diminutive wrote:

hookers & blow my friend

+1

UnixGuy

Get married if you're single, you will enjoy new different type of life

vCole

UnixGuy wrote:

Get married if you're single, you will enjoy new different type of life

Haha this also.


Or you can give me some for my college fund.

deadpool287

take your friends out for drinks frequently


actually call a cab/limo service and that kind of stuff.

binarysoul

UnixGuy wrote:

Get married if you're single, you will enjoy new different type of life

Did you mean to say get divorced if you're married to 'enjoy' life?

Which by the way reminds me of someone on this forum suggesting to divorce your wife at 36 and trade her for two 18 year olds

dynamik

binarysoul wrote:

Which by the way reminds me of someone on this forum suggesting to divorce your wife at 36 and trade her for two 18 year olds

Yea, but that guy's an idiot.

+1 to the drinking idea. I bet Snadam and I could empty your bank account in a heartbeat

Seriously though, have you thought of traveling at all? That seems to be the right balance of spending a decent chunk of change and having a fulfilling experience. Not there's anything wrong with partying or buying a new toy once in awhile. I just think it'd be a shame to constantly blow a bunch of money on frivolous things.

royal

I accept Paypal.

In all seriousness, this is what I did:
1. I have my emergency fund in my bank account to satisfy 6 months of living expenses should I become ill or get laid off and can't find a job
2. Invest in an IRA after you invest enough in your 401k to match your employer matces.

snadam

dynamik wrote:

binarysoul wrote:

Which by the way reminds me of someone on this forum suggesting to divorce your wife at 36 and trade her for two 18 year olds

Yea, but that guy's an idiot.

+1 to the drinking idea. I bet Snadam and I could empty your bank account in a heartbeat

Seriously though, have you thought of traveling at all? That seems to be the right balance of spending a decent chunk of change and having a fulfilling experience. Not there's anything wrong with partying or buying a new toy once in awhile. I just think it'd be a shame to constantly blow a bunch of money on frivolous things.

I know of some 3-digit tequila we can go get on

Actually, thats what I would spend my money on when I just got my promotion and wasn't married, OR had a mortgage/car payment/other bills to pay. I seriously had a FULL top-shelf bar at my house I actually still have some left from it left over.

if you have the money/time, I 2nd that travel idea. Ive always wanted to go to Europe, and have no idea when I will be able to, if at all. Oh well, Ill just stick with vegas/Bay area/Nebraska for vacations

ConstantlyLearning

coke and hookers

UnixGuy

binarysoul wrote:

UnixGuy wrote:

Get married if you're single, you will enjoy new different type of life

Did you mean to say get divorced if you're married to 'enjoy' life?

Which by the way reminds me of someone on this forum suggesting to divorce your wife at 36 and trade her for two 18 year olds

well then have kids, they will sure make you poor trust me


I always liked dynamik ideas

kripsak

Friend! Please help out the single mothers and college students who work for your local exotic night clubs. It has been a dream of mine to take home one of those lucky ladies, and I've been pretty close once. Hopefully I can live my dream through you if your lucky enough to take home one of those ladies.

jbaello

Buy a house and 401K, if I have as much money as you do, I would purchase my dream car Audi S5, the chiks will follow hehe...

Slowhand

Aside from giving you the most boring advice possible - save some for later. You might not know what to do with it now, but you sure will a few weeks/months down the road when your car begins to sputter or you see something you truly want and/or need - I can only go with the crowd and say this:

Lee H

You could go to vegas and put the entire amount on "RED"

ladiesman217

start a foundation be like bill gates and donate some for the less fortunate. send me a pm if you want to throw some at my bank account.

mamono

IRA/401K for now until you buy your own place. Consider a condo or townhouses also, since the foreclosure market is driving homes really cheap now. Southern LA county, a house like 5 miles down the street from me sold at auction for $70k USD a few months ago when I was house shopping.

HeroPsycho

royal wrote:

I accept Paypal.

In all seriousness, this is what I did:
1. I have my emergency fund in my bank account to satisfy 6 months of living expenses should I become ill or get laid off and can't find a job
2. Invest in an IRA after you invest enough in your 401k to match your employer matces.

+1

+100% matching from other rational thread viewers

gojericho0

If you already have a 401k open a Roth IRA, that way you don't get taxed on this money when you take it out. I normally only contribute the matching portion of the 401k, everything else goes into the Roth. Once that is maxed out i have an individual account I mess around with