whats life like?

[synthesispandabot]

im 15 years old and heres what i know so far

i have no idea whats personal finance
make a really good job application
as long as i follow the rules and work hard i will have success
taxes suck
life sucks
if someone asks for help, deny them
know lots of important people
stay away from guns especially those carried by maniacs
i don't know what its like to own a house

what else should i know

[Ad Bot]

[takato14]

being different is bad

[suburb]

You have 2 things on that list which is accurate as can be and that is A) Life sucks and B) Taxes suck

You should also note that personal finance can be tricky but it can also make you happier if you avoid credit cards but only for small purchase that you can turn around and pay off that debt in less than a weeks time to effectively build your credit.

[synthesispandabot]

being different is bad

please i learned that in elementary

[$trinick]

That's not exactly an accurate guide to how to build credit, but it's close.

The idea is to keep your creditors happy, meaning you pay your debts. So, that means not missing payments, not leaving large amounts of money on your credit cards month after month (or if you do, make sure you also pay a lot month after month), actively using your credit card, etc.

You don't have to pay it in full the week after you make a purchase, as long as you're diligent about paying most of the debt off every month (credit cards have closing dates and then payment deadlines, usually the deadline is a little less than a month after the closing date) you'll be good.

[Jaxx]

being different is bad

loving a dragon doll in your basement is bad*

[suburb]

That's not exactly an accurate guide to how to build credit, but it's close.

The idea is to keep your creditors happy, meaning you pay your debts. So, that means not missing payments, not leaving large amounts of money on your credit cards month after month (or if you do, make sure you also pay a lot month after month), actively using your credit card, etc.

You don't have to pay it in full the week after you make a purchase, as long as you're diligent about paying most of the debt off every month (credit cards have closing dates and then payment deadlines, usually the deadline is a little less than a month after the closing date) you'll be good.

I have no issues admitting that I am no personal finance guru but I tell younger people who ask advice to do the same week payments in order to build a mental trend to pay on time and either in full or partial amounts, whatever is most manageable to them.  Obviously you know more than I do being finance is your main field of work lol.

[$trinick]

Oh I wasn't trying to stuff on you, I was just writing up some info about it since it's an important part of being an adult. You know a lot more than most people, so props for that.

[suburb]

Oh I wasn't trying to stuff on you, I was just writing up some info about it since it's an important part of being an adult. You know a lot more than most people, so props for that.

I knew that haha, but I was just clarifying on my point just a slight bit more.

[Rooged]

im 15 years old and heres what i know so far

i have no idea whats personal finance you will learn soon that it sucks
make a really good job application literally all anyone cares about at your age is previous job experience
as long as i follow the rules and work hard i will have success nooooo. take a LOT of initiative and beat out others
taxes suck true
life sucks especially if you're an alcoholic
if someone asks for help, deny them worst thing i have ever heard in my life. be nice to people.
know lots of important people this is important when college comes around, specially grad school
stay away from guns especially those carried by maniacs yeah
i don't know what its like to own a house [/b]it takes some time getting used to having to clean up after yourself everywhere[/b]

what else should i know

[MrKitKat]

step one get money
step two fire relay
step three on relay fire relay
step four on relay do step one

[synthesispandabot]

i want just like a pile of money so i don't worry about cash
then i will win life

[$trinick]

For me, I like the idea of getting cash more than the actual cash I get from it.

For example, I own two condo apartments down here in SD that my friend manages. He handles everything to do with the clients and the condos as the property manager, and he gets all the extra income from the price he charges them, less the cost of property taxes and mortgage payments and stuff. At first it seems pointless for me to do this because he's the one benefiting, but in 5 years the mortgages will be mostly paid off on them and I'll be able to sell the condos for a tidy profit. So I get to do zero work and collect a bunch of money in a few years from it. Lifes good.

[Nal]

It's horrid

[D3ATH LORD]

Actually if you're an alcoholic life will probably be great