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VexXx Dogg wrote:zoom rader wrote:I learnt lessons from family members in what not to do in your 20s.
1.Don't get married, it ruined family members.
2. Taking loans to buy cars, family member always broke. Cars worth nothing.
3. They still renting rather than investing in real estate.
4. Having umpteen kids and paying child support.
5. Stayed in the same job and did not improve in their education.
6. Having big weddings only to get divorced in less than 3 years with loans.
6. They all voted red government but cuss kams for their downfall.
Tings to do in your 20s.
Save, invest, save invest.
Buy real estate, set up side business.
Education, Education
Bull at will and cover your piggy , send her home.
Some comments on your points. I kinda agree.
1. Don't get married if you're both not ready. It's not something to be rushed.
2. Car loans are inevitable, esp if you need a car to get to work etc. The lesson is don't overreach or overextend yourself. Why spend 400k on a brand new car when you can get a locally used one of the same type for half that. Basically don't be a series chaser always wanting the latest plate.
3. Renting is dead money, suffer if you must with family until you can buy.
4. Don't have more children than you can afford financially and otherwise. Some can make with one, others with 5. Individual situations are different.
5. Education used to be free, now it ain't. Treat education as something that can deliver ROI. Choose wisely.
6. No comment on politics.
The list of things to do in the 20's is spot on, I'd add start investing in your health here, not necessarily be a gym rat, but at least play some recreational sports.
timelapse wrote:Young ones on the forum take notes.This will be you in a decade.Your future depends on what you do today.
matr1x wrote:In many years the air headed 20 year olds will say,
"I thought the venes coming here was a wonderful thing. I felt good in my heart because I was a big humanitarian and all them xenophobe trinis didn't see my wisdom"
All of that while waiting for a job whoring venes will skin their cyat for and getting robbed on your way home by a vene gang member.
Have fun with that
Which cars do you recommend to own and avoid? What do you think about an evo x?Devourment wrote:Moving out of your home, regardless if parents nice to live with it or not, is one of the most important things you can do in your 20s. That gain in independence and maturity is priceless.
However, a good rule of thumb is - don't ever spend more than 25% of your salary on rent. So if you're making 15k/mo, don't be spending more than 4k on rent.
A better example, don't spend more than 40% of your salary on rent+loans. So all this talk about used car, new car, 7 year loans....it's useful, but make sure whatever monthly loans + rent + credit card installments doesn't ad up to more than 40% of your pay before tax.
Otherwise, you're living beyond your means and any financial disaster such as sickness, jobloss or emergency repairs will hit you much harder.
So if you're making 15K a month, that's 6k max on loans + rent.
You can get a decent 1 bedroom even 2 bedroom for 4k
2k a month loan on a decent RORO or used car is a good.
I do echo one common sentiment expressed here:
7 year loan between 2-3k on a econobox like a City/ Accent/Elentra/Cerato/Sentra/Juke makes NO SENSE.
These cars even the Corolla, after 7 years has poor resale value.
My co-worker bought a cerato on a 7 year loan, paying 3.3k a month, and after 7 years sold it for 70k......I on the other hand bought a RORO Mazda 3 for 130k, paying 1.8k a month for 5 years, and I sold it for 50K just last year, after 6 years of ownership.
So she paid 277k in loans while I paid 108k. My downpayment was more yes but not substantially more.
She basically would have paid 150k+ more for her car, and for 5 years I had any extra 1.5k to save/spend.
On top of that she preferred how my Mazda3 drove compared to her Cerato.
goalpost wrote:Would've not wasted so much time being heartbroken over women who didnt matter in the long run. I remember failing a course in final year UWI because i was trying to win back my ex. I never got her back (in hindsight, thankfully) & had to write over the exam where I passed.
I used to real drink rum and go all those clubs, like Platinum on a Wednesday, Coconuts on a Thursday and Pier 1 on a Friday, rather than focus on studying. In hindsight i shouldve lessened that, but I chalk it up as experience now.
Dohplaydat wrote:goalpost wrote:Would've not wasted so much time being heartbroken over women who didnt matter in the long run. I remember failing a course in final year UWI because i was trying to win back my ex. I never got her back (in hindsight, thankfully) & had to write over the exam where I passed.
I used to real drink rum and go all those clubs, like Platinum on a Wednesday, Coconuts on a Thursday and Pier 1 on a Friday, rather than focus on studying. In hindsight i shouldve lessened that, but I chalk it up as experience now.
This is what being young is about though, you think all them men who study hard and didn't chase women are happy now?
Balance and prioritizing the right things is what's important though and you didn't at the time, but you made up.
Plenty men go down a path and never recover.
But it's important to remember, you only young once. My uncle is a former presidential medal winner and he always advises me, don't be like him. He sacrificed his youth to get where he is, but he said at around 40, he went through a mid-life crisis and wished he had more fun as a youth.
Do you think I will ever regret all the fun I had as a youth? Hell I still having fun now and I'm almost 40, I don't intend to stop.
Money on experiences is worth just as much as money on a house.
I think it's all about balance but what is the right balance?timelapse wrote:He make some sense there though.Enjoy your youth to some extent.But also plant your seeds for the future self to reap
wtf wrote:Which cars do you recommend to own and avoid? What do you think about an evo x?Devourment wrote:Moving out of your home, regardless if parents nice to live with it or not, is one of the most important things you can do in your 20s. That gain in independence and maturity is priceless.
However, a good rule of thumb is - don't ever spend more than 25% of your salary on rent. So if you're making 15k/mo, don't be spending more than 4k on rent.
A better example, don't spend more than 40% of your salary on rent+loans. So all this talk about used car, new car, 7 year loans....it's useful, but make sure whatever monthly loans + rent + credit card installments doesn't ad up to more than 40% of your pay before tax.
Otherwise, you're living beyond your means and any financial disaster such as sickness, jobloss or emergency repairs will hit you much harder.
So if you're making 15K a month, that's 6k max on loans + rent.
You can get a decent 1 bedroom even 2 bedroom for 4k
2k a month loan on a decent RORO or used car is a good.
I do echo one common sentiment expressed here:
7 year loan between 2-3k on a econobox like a City/ Accent/Elentra/Cerato/Sentra/Juke makes NO SENSE.
These cars even the Corolla, after 7 years has poor resale value.
My co-worker bought a cerato on a 7 year loan, paying 3.3k a month, and after 7 years sold it for 70k......I on the other hand bought a RORO Mazda 3 for 130k, paying 1.8k a month for 5 years, and I sold it for 50K just last year, after 6 years of ownership.
So she paid 277k in loans while I paid 108k. My downpayment was more yes but not substantially more.
She basically would have paid 150k+ more for her car, and for 5 years I had any extra 1.5k to save/spend.
On top of that she preferred how my Mazda3 drove compared to her Cerato.
What has the highest resale value?
SuperiorMan wrote:Dohplaydat wrote:goalpost wrote:Would've not wasted so much time being heartbroken over women who didnt matter in the long run. I remember failing a course in final year UWI because i was trying to win back my ex. I never got her back (in hindsight, thankfully) & had to write over the exam where I passed.
I used to real drink rum and go all those clubs, like Platinum on a Wednesday, Coconuts on a Thursday and Pier 1 on a Friday, rather than focus on studying. In hindsight i shouldve lessened that, but I chalk it up as experience now.
This is what being young is about though, you think all them men who study hard and didn't chase women are happy now?
Balance and prioritizing the right things is what's important though and you didn't at the time, but you made up.
Plenty men go down a path and never recover.
But it's important to remember, you only young once. My uncle is a former presidential medal winner and he always advises me, don't be like him. He sacrificed his youth to get where he is, but he said at around 40, he went through a mid-life crisis and wished he had more fun as a youth.
Do you think I will ever regret all the fun I had as a youth? Hell I still having fun now and I'm almost 40, I don't intend to stop.
Money on experiences is worth just as much as money on a house.
what the f.uck you know
you are a failure as a person who makes hundreds of alt accounts and posts pics of girls you imagine you sleeping with.
your uncle prob just as imaginary as all them girls you talking about....creepy weirdo you are.
wtf wrote:I think it's all about balance but what is the right balance?timelapse wrote:He make some sense there though.Enjoy your youth to some extent.But also plant your seeds for the future self to reap
You dont want to enjoy to much and end up broke and destitute and then again you dont want to end up old and rich like Emile Elias and chasing 17 year olds...
wtf wrote:I think it's all about balance but what is the right balance?timelapse wrote:He make some sense there though.Enjoy your youth to some extent.But also plant your seeds for the future self to reap
You dont want to enjoy to much and end up broke and destitute and then again you dont want to end up old and rich like Emile Elias and chasing 17 year olds...
Well he tried but got a case against himself..goalpost wrote:wtf wrote:I think it's all about balance but what is the right balance?timelapse wrote:He make some sense there though.Enjoy your youth to some extent.But also plant your seeds for the future self to reap
You dont want to enjoy to much and end up broke and destitute and then again you dont want to end up old and rich like Emile Elias and chasing 17 year olds...
At that age, i eh thinking about balance nah
At that age, i wanted to bull ALL d woman, drink ALL d alcohol, smoke ALL d cigarettes, strangely never got into the weed smoking.
Now, nearing 40, i only want to still bull ALL d women, but doh tell my wife that
wtf wrote:Which cars do you recommend to own and avoid? What do you think about an evo x?
What has the highest resale value?
ProtonPowder wrote:wtf wrote:Which cars do you recommend to own and avoid? What do you think about an evo x?
What has the highest resale value?
For a sedan, cant beat a Corolla, Civic or Lancer, very reliable cars if you do your maintenance, very few surprises.
Civic and corolla are champs of resale value, not the lancer so much.
Evo X is very expensive, 250-300k for a used one locally. All have been modified to hell and back, and the SST transmissions are fragile.
goalpost wrote:wtf wrote:I think it's all about balance but what is the right balance?timelapse wrote:He make some sense there though.Enjoy your youth to some extent.But also plant your seeds for the future self to reap
You dont want to enjoy to much and end up broke and destitute and then again you dont want to end up old and rich like Emile Elias and chasing 17 year olds...
At that age, i eh thinking about balance nah
At that age, i wanted to bull ALL d woman, drink ALL d alcohol, smoke ALL d cigarettes, strangely never got into the weed smoking.
Now, nearing 40, i only want to still bull ALL d women, but doh tell my wife that
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