Madison MoneySports - Personal Finance Thread

[Senor_Taylor]

For more reference. I graduated in 2017 and started at $66,000 a year. I've been hustling my ass off and will make around $100,000 this year. I flip cars when I can, haul cars around for people, and really do anything I can reasonably do to make some money on the side. I contribute to my 401k a decent amount but do not max it out. I graduated with 25k or so in student loans since my family was poor enough that I got grants to pay for most of the rest of my schooling. I worked in college to pay what little the grants and loans didn't cover, rent, food, etc.

I moved up to NOVA with two paid off, relatively cheap vehicles. With $0 to my name after almost having to sell my Miata or borrow money from Joey to put a security deposit on an apartment here. (Was still paying rent in Harrisonburg until August). Sold both cars and paid off one student loan. Immediately picked up a STUPID car payment on that 4runner. Promptly lost $10,000 between the 4runner and first shitty E30 and lived a vagabond life for all of 2018. I bought the GTI, flipped a few cars, and got a new job making the big boy dollars and that opened the door for me to build the track car. I've spent nearly $20,000 on it since January of 2019 and I have legitimately $1500 in the bank, $15,000 in student loans, and $35,000 in auto loans between the truck and Fiesta.

I am absolutely NOT what anyone should try to be. I work my ass off, have cool shit, and stress about money because I'm usually unhappy if I sit around doing nothing and not spending money. I did it in college too. I worked full time while in school to save and save and save to buy that Miata when I could have not spent the money, worked less, and relaxing more. I spend way too much money to be someone that grew up as poor as I did. I'm 100% the stereotype of the guy in the trailer park that wins the lottery, doesn't know what to do with it, and blows it all on stupid shit.

Sent from my Pixel 3 XL using Tapatalk