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How's Your Financial Position?
05-11-2010, 06:14 PM
I'm wondering if you're either:
A) in debt, having trouble keeping cash in hand
B) constantly breaking even, debt and cash-wise
C) debt free, even got some extra coin in the bank.
Those may be a bit rigid, so feel free to elaborate on where you fall into.
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How's Your Financial Position?
05-12-2010, 01:27 AM
This isn't always the best question. I'm in a mountain of debt, but that's a good thing because it's all "good debt". The more debt I'm in, the more money I'm making!
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How's Your Financial Position?
05-12-2010, 06:14 AM
I live pretty much hand to mouth for the most part. Yes i have savings, but i will never touch that baring some massive emergency. Thats the problem with a start up company, there just isnt too much money for your own salary in the startup time. But i have a good life, buy the things i want after a few weeks or months of savings, and have a good time almost every weekend, and sometimes in the week. Im happy. More money would prbly just make me have more fun, and throw my work out of ballance.
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How's Your Financial Position?
05-12-2010, 07:11 PM
Can you give some context as to why your asking? It doesn't seem as if your question serves a purpose, or else the purpose isn't obvious.
Also, how do you guys make money by going into more debt?
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How's Your Financial Position?
05-12-2010, 07:55 PM
I'm debt free if you don't count student loans, but I have more than enough money to pay it off (interest rate is like 5% or so). Just like having the cash flow.
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How's Your Financial Position?
05-13-2010, 10:39 PM
I have a decent savings account , but I have no direction in life right now. Need to get my trade ticket in something , so i can travel anytime I want.
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How's Your Financial Position?
05-14-2010, 06:47 AM
Debt free. Own a 3 bedroom apartment with no debt. Own a car with no debt.
But managed to let my monthly expenses get a bit too high so I plan to start laying the axe and start to live beneath my means.