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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 09:53 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.