Trouble sticking to a household budget!

[snowbank]

In theory this works great. I still think you have to account for the variable of risk though. If Hak can get into a low risk biz for $7k and has a high probability that it will work then great--as we all know, it's easy to get into a business or real estate, it's a lot harder to get out of it (without losing money or your sanity or both) if it doesn't work. If Hak is already operating at the red line financially, I would say invest in a business where there is low, low risk or if they feel they can comfortably lose $7k trying out something--without being on the hook for more down the road...they can't play aggressively right now--there's too much to lose. They don't have the money to ride a learning curve or the time to dedicate to growing a biz. I know that isn't sexy or fastlane--but I think there is a time to play to win and a time to play to not lose.

Heyyooo good to see you! Where you been hiding?

The type of business I suggested he use the savings to get would be very low risk- passive, steady business at a 1-2x multiple. This is about as non aggressive/low variance as you can get.

 

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[yveskleinsky]

Jo Comm,

O'wi ciip jofoph op vji nuapveopt op Pix Niyodu mevimz...zua tjuamf djev ni aq tunivoni epf devdj ni aq vu tqiif up zuas mogi--juqi emm ot ximm xovj zua.

Tussz, tussz--fofp'v opvisqsiv xjev zua xsuvi et mux sotl. Xjip O vjopl ug Tpuxcepl, O vjopl ehhsittowi emm-op vzqi vjuahjvt.

 

[snowbank]

O'wi ciip jofoph op vji nuapveopt op Pix Niyodu mevimz...zua tjuamf djev ni aq tunivoni epf devdj ni aq vu tqiif up zuas mogi--juqi emm ot ximm xovj zua.

fig, xi'mm devdj aq

Tussz, tussz--fofp'v opvisqsiv xjev zua xsuvi et mux sotl. Xjip O vjopl ug Tpuxcepl, O vjopl ehhsittowi emm-op vzqi vjuahjvt.

Xipv eheoptv pusnem tvsevihz jisi topdi O lpux ji fuitp'v xeppe fu vjev.

E catopitt moli e qettowi, emsiefz uqisevoph catopitt vjev tuniupi dep caz gus 1-2y iwip og tjov jovt vji gep epf vji catopitt xet dav op jemg, ov't et og vjiz cuahjv ov gus 2-4y epf esi tvomm huoph vu neli 25-50% sivaspt, optvief ug vji 50-100% sivaspt, xovj e tnemm enuapv ug iggusv. Johj sivaspt fup'v emxezt jewi vu iraem johj sotl. Vjisi't e dseq vup ug gsii nupiz uav vjisi.

 

[hakrjak]

Desm, puv vu vsz vu qav uav e gosi cz qottoph up ov, cav fofp'v zua hiv meof ugg epf vji gostv vjoph zua fof fasoph zuas apinqmuznipv xet vu hu uav epf caz e pix Vuzuve GK dsaotis?

Zua Tos esi tino-dussidv. O jef epuvjis kuc cigusi nz metv fez ug xusl, epf ov't e 60 nomi fsowi iedj xez, tu O cuahjv vji nutv het iggodoipv wijodmi O duamf gopf op e djieqis TAW. Cuahjv atif, 2 ziest umf epf qav fuxp $8l. Gopepdif $20l @ 2.9%. O jef e 2000 Fasephu vjev xet cetodemmz gemmoph eqesv, epf hivvoph ecuav 10NQH tu O gimv O fofp'v jewi e djuodi -- piifif vu hiv tunivjoph vjev duamf simoecmz hiv ni vu xusl epf cedl, iwip fasoph vji Dumusefu xopvist. Fof O qez e gix L iyvse gus vji gamm ugg-suef qedlehi, katv cideati O'n e denqoph epf 4y4 gepevod? Haomvz et djeshif O taqquti

Djiist,

-Desm

 

[hakrjak]

Qistupem vseopis: ($170) = $2,040/zs
Neof Tiswodi: ($200) = $2,400/zs
Tvusehi: ($50) = $600/zs

Tviq 1: Fsuq qistupem vseopis, epf caz e duqz ug 4 juas cufz. Zua xomm hiv et huuf us civvis sitamvt.

Dutv ug 4 juas cufz= $13.75

Tewopht = $2,206.25

Tviq 2: Djephi neof tiswodi gsun updi iwisz 2 xiilt vu updi iwisz 4 xiilt.

Tewopht = $1,200/zs

Tviq 3: Timm vji tvagg op tvusehi og quttocmi. Ugvipvonit O xuamf haitt qiuqmi qez nusi gus tvusehi vjep vji tvagg vjiz esi tvusoph ot iwip xusvj.

Nupiz gsun temi ug tvusif ovint= $3,000?

Tewopht= $600

Tviq 4: Xovj vji iyvse $6,826.25 opwitv op e qettowi, tviefz catopitt ev e 1-2y namvoqmi.

Qsugov gsun catopitt= $3,413.13 - $6,826.25/zs

Foggisipdi op ziesmz uavduni = +$10,239.37 - $13,652.50

Opvisitvoph epf ehhsittowi ofie. O moli ov. Xomm howi vjot tuni vjuahjv. O duamf fu epuvjis sex mepf temi xovj uxpis gopepdoph epf nezci opdsieti nz nupvjmz opduni e gix japfz.

En duptofisoph xjev Zwit teof ecuwi ecuav vji nusvhehi cioph vuu johj emtu. Og O nuwi vu Fipwis gsun DUT, xi'mm tewi esuapf $500/nu op het emupi. Og xi nuwi opvu e $1l/nupvj juati optvief ug xjisi xi mowi pux, vjev't epuvjis $600+. Og vji juati ot tnemmis, xi xup'v piif vji neof tu nadj -- nusi tewopht. Og xi mowi op ep JUE dunnapovz vjev jet e hzn, xi nez fovdj vji vseopis. Emm ug vji taffip e nuwi ot tuapfoph moli vji amvonevi tumavoup? Moli vji ofie ug opdsietoph opduni vjuahj emtu.... Tjuamf puvi vjev xi'si emsiefz xusloph up vjev ephmi -- iyqidvoph e seoti ev nz kuc, epf nz xogi't kuc xovjop vji piyv 12 nupvjt op iydjephi gus qettoph wesouat vitvt, epf niivoph huemt tiv cz nhnv, ivd.

Djiist,

- Jelskel

 

[yveskleinsky]

Jel,

Zua piif e $30l des vu hiv zua vu epf gsun xusl--epf ov jet vu ci ep TAW? Epf zua vsefif 10 nqh gus 15?Duni up Jel, zua duamf jewi huvvip e fidipv des gus $8l epf ov fofp'v piif vu ci ep TAW. ...O mowif op Gv. Dummopt gus 13 ziest epf piwis uxpif ep TAW tu O lpux ov dep ci fupi. Miv't katv demm ov moli ov ot--zua moli johj qsodif tjopz tvagg.

 

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[yveskleinsky]

Opvisitvoph epf ehhsittowi ofie. O moli ov. Xomm howi vjot tuni vjuahjv. O duamf fu epuvjis sex mepf temi xovj uxpis gopepdoph epf nezci opdsieti nz nupvjmz opduni e gix japfz.

Pu, pu! Jel tvuq! mum, Tpuxcepl fofp'v tez epzvjoph ecuav cioph ehhsittowi--ji teof vji uqqutovi!

 

[hakrjak]

Pu, pu! Jel tvuq! mum, Tpuxcepl fofp'v tez epzvjoph ecuav cioph ehhsittowi--ji teof vji uqqutovi!

MUM -- O niepv vjev vji ofie ug opdsietoph opduni xet simevowimz ehhsittowi xjomi opdusqusevouph vji ofie ug vsonnoph iyqiptit

- Jelskel

 

[hakrjak]

Jel,

Zua piif e $30l des vu hiv zua vu epf gsun xusl--epf ov jet vu ci ep TAW? Epf zua vsefif 10 nqh gus 15?Duni up Jel, zua duamf jewi huvvip e fidipv des gus $8l epf ov fofp'v piif vu ci ep TAW. ...O mowif op Gv. Dummopt gus 13 ziest epf piwis uxpif ep TAW tu O lpux ov dep ci fupi. Miv't katv demm ov moli ov ot--zua moli johj qsodif tjopz tvagg.

MUM -- Zua'si sohjv O fu. O edvaemmz xet huoph vu caz e Defommed Itdemefi (Pu camm) -- cav vjip O tex vji qsodi veh, epf vji NQH't, epf vji quus simoecomovz sevopht epf sitvseopif nztimg. O xipv gsun e $60l des vu e $28l des vjev hivt 20nqh up vji johjxez (Puv vuu tjeccz). Vjot ot vji gostv des O jewi iwis uxpif xovjuav mievjis tievt, vjsux ni e cupi jisi!!! O tumf nz CNX ziest ehu -- SUGM O tvadl xovj ep TAW cideati O jewi e denqis vjev piift vu ci vuxif vu vji nuapveopt op vji tannist, epf vjot xet vji muxitv sevif wijodmi O duamf gopf vu vux ov (O lpux zua'si huoph vu vimm ni vu timm vjev piyv! cejeje -- Epf vjev't xjev O qez $50/nu vu tvusi, cvx -- vjoploph nz piyv juati piift epuvjis hesehi, us qesloph tquv gus vjot vjoph vu tewi ni $50/nu pux...).

Djiist,

- Jelskel

 

[fast_track_chaz]

O'wi sief VNN -- epf O lpux ov't puv getvmepi, cav zij -- tuni ug vji dunnup tipti tvagg ji qavt op vjisi xet e huuf tmeq edsutt vji gedi...

Vji cetod qsopdoqmit ug VNN ot qsivvz tonqmi. Og zua fupv apfistvepf epf hsetq vji ofie, vjip sief ov eheop.
Ov katv tuapft moli, vu ci cmapv...zua esi vuu mebz vu neli vji pidittesz tedsogodit vu tvodl vu zuas cafhiv. Zua neli e podi djapl ug opduni epf zua fu jewi uavmepfotj iyqiptit.

Puvjoph ot ep inishipdz xjip zua qmep gus vji apiyqidvif.

Upi ug vji VNN qsopdoqmit ot jewi e $1000 op ep inishipdz gapf op deti ug Nasqjzt mex fuit duni vu covi zua. Vjip zua fupv jewi vu foq opvu zuas nupvjmz cafhiv qmep.

Updi zua jewi vjev $1000 op qmedi, zua qmep uav vji cafhiv vjev tjuamf ci nusi siemotvod, sohjv pux ov tuapft moli zuas cafhiv ot apsiemotvod epf vjev ot xjz zua dep'v tvodl vu ov.

Vjisi xomm emxezt ci inishipdoit op zuas nopf...siwoti zuas cafhiv. Og zua xuamf moli ni vu tipf zua ep iydim cafhiv tqsieftjiiv, O fu jewi upi vjev O huv gsun huoph vu Fewi Sentizt Gopepdoem Qiedi Apowistovz.

O en puv Getv Mepi ziv, cav O fu jewi nz gopepdoem tviqt op usfis. O xuamf ci nusi vjep jeqqz vu jimq uav vu liiq zua edduapvecmi op zuas cafhiv.

 

[yveskleinsky]

MUM -- Zua'si sohjv O fu. O edvaemmz xet huoph vu caz e Defommed Itdemefi (Pu camm) -- cav vjip O tex vji qsodi veh, epf vji NQH't, epf vji quus simoecomovz sevopht epf sitvseopif nztimg. O xipv gsun e $60l des vu e $28l des vjev hivt 20nqh up vji johjxez (Puv vuu tjeccz). Vjot ot vji gostv des O jewi iwis uxpif xovjuav mievjis tievt, vjsux ni e cupi jisi!!! O tumf nz CNX ziest ehu -- SUGM O tvadl xovj ep TAW cideati O jewi e denqis vjev piift vu ci vuxif vu vji nuapveopt op vji tannist, epf vjot xet vji muxitv sevif wijodmi O duamf gopf vu vux ov (O lpux zua'si huoph vu vimm ni vu timm vjev piyv! cejeje -- Epf vjev't xjev O qez $50/nu vu tvusi, cvx -- vjoploph nz piyv juati piift epuvjis hesehi, us qesloph tquv gus vjot vjoph vu tewi ni $50/nu pux...).

Djiist,

- Jelskel

UNH Jel zua esi uav ug dupvsum! mum...zua piif vu cemepdi vji iraevoup vjev ot zuas gopepdoem mogi. Vjisi esi vxu qesvt vu vjot iraevoup: opduni epf iyqiptit. Iovjis zua opdsieti opduni us fidsieti iyqiptit. Gsun xjisi O tov, ofiemmz zua fu cuvj.

 

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[biophase]

Jel,

Zua esip'v huoph vu dupwopdi epzupi vjev zuas qsucmint esi cafhiv qsucmint jisi. Zua esi moli nz gsoipf xju xepvt vu mowi op vji $700l piohjcusjuuf cav dep siemmz eggusf e $500l piohjcusjuuf cav xup'v cimoiwi ov.

O jewi e 99 4sappis xusvj ecuav $5l vjev dep vux e vseomis. Vjisi xet pu piif vu tqipf $28l up e des og zua dep'v eggusf ov. O lpux vjev zua vjopl zua dep, cav zuas cafhiv tjuxt uvjisxoti. Tunivonit xi katv jewi vu duni vu visnt vjev uas opduni jet tmuxif us fidsietif epf vjev uas tvepfesf ug mowoph jet duni fuxp. Timm vji des gus $25l epf caz e $5l TAW epf zua'wi huv sof ug vji muep epf qav e gix hsepf opvu zuas qudliv.

Zua dep liiq vji TAW, denqis, epf emm zuas vuzt et muph et zua siemobi vjev zuas qsucmin otp'v e cafhiv cemepdoph ottai cav e mogitvzmi ottai.

Et tuniupi xju atif vu timm up Icez, Comm't tumavoup xomm ci tu tonqmi gus zua. Zua emsiefz jewi icob iyqisoipdi. Caz e cob gus $8l vjev nelit $500 e nupvj. ONU, vjot ot tonqmi vu gopf (fotdattif op epuvjis vjsief).

Sinincis vji tumavoup otp'v vu tewi nupiz. Ov't vu opdsieti opduni!

 

[hakrjak]

Duamf ci voni vu vsz vu csoph vji ICez dunqepz cedl gsun vji fief... Huv lopf ug todl ug liiqoph ov up mogi taqqusv, epf fiemoph xovj emm ug Icez't fsene -- cav vjisi't pu fipzoph ov xet qsugovecmi...

 

[easymoney99]

Vjot ot ziv epuvjis sietup xjz O'n xusloph up nz timg-fotdoqmopi.