DawgTalkers.net Forums DawgTalk Palus Politicus What are you going to do with that "extra" $100?

We dropped to 3.25 per gallon around here then POOF 4 days later it was back up to 3.65 per gallon

That seems odd. It's been a very steady drop here. I saw one station this morning where it was $3.15 but that was an outlier. It's running between $3.30 and $3.35 most every other place.

Ours has been slowly dropping then BAM all at once back up by by40 cents per gallon at every gas station

I don't really discount what you're saying. And you're right about "very few put that in the bank." There are reasons for that however. Percentage wise very few can afford to put that in the bank. Many have actual needs like a better vehicles. Not because they want a Lexus, but because there's is old and keeps breaking down. They are behind on their bills and use that rebate to help catch up. Their kids need clothes, their appliances are breaking down, etc..... The percentage of people who can afford a new Lexus or a bigger house based on tax rebates are practically non existent.

And that's the reality of the situation. When you put rebates or higher wages in the hands of those who are actually struggling, they NEED to spend that money. Thus that money goes back into the economy which in turn helps businesses thrive. When you put that money in the hands of people who aren't struggling, that money is far more likely to be saved or invested in ways that take it out of circulation.

You don't know me very well.

And none of that has anything to do with the topic of this thread. We complain because you feel the need to derail every thread into "what about Trump" There's dozens of threads about Trump on this board. Talk about him all you want in those threads. You don't need to bring up Trump in every thread.

I was just responding to the statement Jay made on how that happens. I am not asking you to feel bad for anyone.

Actually, I knew you would have something to say, so I do know you.

Obviously, I am speaking in general terms.

I will donate my $100 to the progressive cause. 'Cause we need more hard-left progressives!

well, the minimum wage, and within 2 years... the cost of goods rose to keep the minimum wage workers poor.

Guess I'm the BS minority... I've spent a bit more in the last few years but still live well below my means... have had the same care for 15 years... paid it off in 3 and can't find a good enough reason to buy a new one...

maybe that's why I was shocked that the percentages were so high... especially for people over 100k

Paid off a 30 yr mortgage in 20 yr/1 mo.

Drove the Honda Accord from 1986-2006.
Drove the Acura Integra from 1994-2014.
Drove the next CR-V from 2002-2019.
Repair household items until replacement is necessary.
Don't dip into the stocks for treats; don't spend money on toys.

Some day, I'll find a fully-restored version of my first car, and buy it guilt-free. car

Bought the cello in '94 for 30K.* It's now worth >125K. Prob let it go for 130-145 when I retire (fine instruments are an antiquities market- they appreciate like museum paintings. better than stocks, if you know how to shop- AND... you get to have a blast with your investment the entire time).

I was raised by 2 ppl who were dirt poor during The Great Depression. Those lessons I learned as a kid have served me pretty well.


* Took out a small business loan to buy my baby. Signed off on my Mom's estate, split the proceeds with the fam, and paid her off 2 months after purchase. I made one installment pymt, and wrote the check for the balance 30 days later. Debt free, and makin' skrilla the entire time.


Bro- those numbers were shocking to me, too. I don't get it.

I have always done much the same. I am not saying I agree with what I said. I was just saying how it is with most people, be it people who have to have the nice car with little else to the people who feel they have to keep up with the Jones family and join the country club. I still have a 2008 Camry. I figure i will trade in in a year or two to buy my last vehicle.

Just human nature, it is what it is.

Sweet car.

So we're discussing gas prices and showing where trump lied about gas prices not only when he was president but also when biden was president should not be mentioned? Because that has nothing to do with it? Sure. Sounds like you just don't like to be reminded he lies about almost everything.

i wonder what conservatives would do to solve this problem that doesn't involve deregulating and cutting taxes for corporations.

They'd focus on taking something from the poor and working class.

oh yea, the Rick Scott plan.

I know several people within 5-10 years of retirement age, who are taking out home equity and second mortgages to upgrade pools, etc. All while still having 10+ years on their current mortgage.

These are typically the same people who seem to struggle to come up with money for new tires and other car repairs.

I've come to realize that many people just assume money will just appear in their accounts when they are ready to retire.

I own a 2002 truck with 166,000 miles on it, and have a daily driver 2015 car with around 90,000 miles. Both paid for. I’ll drive the 2015 for a few more years as I focus my finances towards my mortgage. I just set up my mortgage payment for September that’ll officially drop me under 5 years left on the loan. Less if I keep selling art and chip away at the principal with some of my profits. Which I do with each sale.
I can’t wait to make that last payment. I’ll be 53-55 years old and it’ll be ours outright. Outside of the unknown, I’ll be debt free. Man that’ll feel good.

There is also a large subset that understands but plans to work until they drop. Because that kind of being healthy enough to work now guarantees you will be able to work later logic has never failed.

I guess this is pretty simple when you get down to it: Many people are flat out foolish. Many people flat our let their egos dictate their spending. Many people probably didn't have someone give them any guidance or coaching on money management or balancing a check book / account and the value of self restraint.

It's not hard - live within your means. Don't buy anything on credit. If you can't afford it - save for it. A car and a house are the only things that break those rule. That's how my parents were. That's how I am and more importantly my wife is the same. We're very fortunate - we could afford a bigger home, fancier cars and fancier phones but we don't ... instead we have money in the bank and investments. When the kids want to spend money on junk - 6 times out of ten they get some sort of discussion about the value of things and what it means to have what they want vs not have what they want and how they will feel about it in a months time. I probably over do it a bit, sometimes you just got to let them be kids ... but I honestly see the difference in them and how they ask for "stuff" vs other friends who feel like they want to give their kids "everything". With the kids especially I have always strived to ensure there is not an ounce of entitlement attitude - ever. No coincidence that my wife's family background and my own are very similar - grandparents working class, our parents earned everything they owned and made their own luck/success.

Too many people seem to confuse the difference between what they want and what they need. So many times I hear people say "I need that" or "I need one of those". When in fact they don't need it at all. Buy what you need and make a plan to save for what you want.

It was a lot of fun. Chick magnet, too.
Hey, Vers- do me a favor. Clear some space in your inbox. I wanna send you something.

Okay, I deleted about 4 pages of messages.

cool

check back this eve.