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Thu, Dec. 27th, 2001, 11:51 am

Poll #14352 Mogel's Finances, 2002

after rent and bills, i currently make about $1800 per month. please decide for me how i should target my money.

pay back all the debt. credit cards & student loans totaling up to about $10,000. this'll take 6 months, so i couldn't buy any music toys at all. but, i'll no longer have any outstanding debt after this period, and gain much more command over my future.
save up 2-3 months & buy 1-2 really fancy toys (i.e. laptop for music) to bide time. then spend the next 6 months paying back all debt. in the mean time completely master working with said toy.
be a complete fuck-up forever. always pay back only the minimum balance on all bills--spending all extra money on tons of music toys. big fun!, but obviously irresponsible. especially if i get unemployed.

Thu, Dec. 27th, 2001 09:48 am (UTC)

i'd say something in between... sort of... cause interest rates tend to be so very high sometimes... taking the two-three months can really really make it really difficult. especially w/ those credit cards. but if you have a nice credit card w/ a low interest rate, then perhaps.

Thu, Dec. 27th, 2001 09:53 am (UTC)

Option 2 is sort of what I'm doing now, but on a less grand scale. After paying bills and whatnot, I end up making around $2500 a month (mostly due to my very low rent from living at home). I spend around $750 on toys and entertainment, and then the rest I put towards paying off my roughly $7,000 in debt. Actually, it's down to around $5,000 now, I made out a $2,000 check yesterday, wheeha.

Fri, Dec. 28th, 2001 08:16 am (UTC)

hey, if the voting is too close then the decision hasn't been made.
whatever has the most votes on wednesday (1/2/02) is what i'll do.

Thu, Jan. 3rd, 2002 07:17 pm (UTC)

Okay, it's official: I'm going to pay back all debt before buying any more toys. I'll use my current SLOW ASS pc in the mean time to make cut-n-paste and hopefully audio mulch-based songs. ah well.

Thu, Apr. 11th, 2002 05:40 am (UTC)

mogel decided to fuck-all because money shouldn't be relevant in a large life decision. money does not have anything to do with good choices or happiness. this is a lie that you are fed.