Personally I think I would spend at least half of it in commodity trading which is rather easy compered to stock trading and you can make in a year a 50% increase in the money which they you spend that on crap and everything that's not profit on stuff you need to live then stuff you need to further your self.
thanks, great advice. i wished i knew and had that piece of information because it would or radically changed the course of my time and my situation. i would of not suffered as much or been in situations that were so compromising.
the cost of attendance depending on your major your programme and length of the programme, the cost for everyone is all different and the funding for everyone is all different because of all of our financial situation. i have been thinking about myself as to how i should spend it wisely. getting financial aide is a nightmare, but not getting anything is even a greater nightmare. the workers there make you pant for everything. bastards.
some uninversities only package you for just enough, barely enough, never surplus. i think the federal & state guidelines require that they do not and cannot exceed way over the cost of attendance and your situation. i already work 2 part-time jobs that are under the table. plus i do extra bitch jobs on the side to make extra more money such as babysitting & dog walking for higher education expenses.
If you're fortunate enough to be granted financial funds spending it recklessly is a slap in the face to those without- many students work 2 jobs on top of being a full time student to afford their tuition bill. FAFSA makes qualification for independent status near impossible. Good advice for responsibly spending aid some are lucky enough to receive, but disappointing to hear how some abuse it, be grateful if you even received a form of financial assistance for education in the first place.
@alexafaeth i can come to agree. receiving financial aide is something i look for. i have been using it for the essentials for education higher education. to be honest even if you get the most of anything, them maximum granted. it is still not enough to cover everything. it is just barely enough to get by. even if you attend a community college. i go to a community college.
Shit what Andre saying is right! I used the extra money to buy a laptop, pay rent, and transportation costs. I was in my college bookstore a couple of years ago, and there was a whole family there buying Ipods, and other useless shit. Please use the money wisely. I never had the luxury of buying extra stuff.
I'm in favour of giving money in small amounts, focusing on subisidising essential services rather than just handing out a check (even if the individual chooses what the subsidies are for) and increasing the amount as the individual demonstrates fiscal discipline.
was rich and told people that. I was ashamed of bieng poor and i acted like a snob becuase i didnt want anyone to ever make fun of me for bieng poor. Story of my life but I hate how everyone thinks people who get any aid are bad drugees. That is misfortunate because then people like myself and a lot of good students will get screwed. Without help there is no possible way i could ever even have going to college as an option. I would be stuck in the ghetto bieng raped and having babies on min wage
I get financialaid and it really helps.I spend it all on school. it is sad that people think we financial aid recipients are bad with money and use financial aid for drug money. Becuase that really isnt the case.when you are poor you like to act like "Oh i just got money and i can do what ever i want" of course then other people think "wow, these people are wasting financial aid". But in reality the poor person just said that becuase poor people are ashamed of bieng poor.growing up i pretended i
I'll admit, I used my aid to pay for my education. Now I have almost no debt after graduation. Have fun with your little dick measuring contest while I reach heights!
I will admit, with my aid I use it to help my family. However, I manage to stay within budget of books and bills (Rent, utility bills, gas for my car). Other necessities of course are prescriptions, food, sometimes school supplies you are required to have, and clothes if I don't have the outfit for the career fair (after losing weight, my clothes are huge). Splurge is a habit we need to have control over, and start staying within budget of our aid money.
I used mine to help my family. And course get a few games, party and also saved some to put in the bank. But a lot of my friends especially freshman year 1st semester blow their money on bullshit. We called it "over payment"
@timoback3000 i spent all mine on school, I was running short and even had to borrow. Financial aid for me wasnt enough,though i appreciate it, it doesnt cover everything so it is sad when there are people saying they had leftovers and then someone sees that and thinks "we should cut aid since people have too much to spend". When reallythats not the case. I dont know i just felt lke telling u my story since it makes me feel bad that people think every recipient is like u and has too much
@Ayohima I agree but @ the place I went to it was very cheap. But Yes there was massive misuse of the "extra" money. A lot of people bought rims, club clothes, went on road trips and alcohol. In the end though its not "extra" or "free" since u have to pay it back. The smart thing to do is open an account and save most of the money
I remember someone who got some financial aid and bought some DVDS with her money I don't know how much she had tho but dang 200$ that's....not really much lol
yes it is true that some people spend their financial aid in irresponsible ways, then two months later they are the ones who are hurting for money and end up loosing their place. There will always be irresponsible people in the world.
@malik1 Because I've never heard a slang term before? O.o. . . and calling people names over the internet makes you any more then a loser?. . . Grow up.
How is it that so many people get refund checks? I did quite well in high school and got several scholarships, but I was always a few hundred dollars short that I had to pay out of my own pocket. A refund check would have been so much help.
Agreed. Also, write up a budget. Write down all of your monthly expenses to determine your monthly budeget, then divide that by 2 to determine your bi-weekly budget. Always make sure you have money saved up to cover your bi-weekly budget before spending cash on fun stuff.
I work in a college book store which we allow the students to use over 1grand in spending in the bookstore. That may sound great, but 2/3rds of the students blow the money on the bullshit items we sell (video games, mp3 players, tablet pcs, ect.) Most of them don't even buy their books. Basicly the tax payer is paying these students for a shopping spree.
yea, its easy to spend a lot of that f.a money on things that aren't important. my friends spend it all the time on trips and material things. i can't say i'm not guilty of it either. i spend a bit of it on food, mostly. but i do save some of it up as well for in case of emergencies or whatever.
Some poor people are stuck in the mindset that we need to spend our money immediately because we are so used to getting a check then spending it all on our necessities then having nothing left over. When that extra is left over after buying what we need it doesn't feel right, so a lot of use end up buying things we really don't need. It definitively is a habit that needs to be broken.
Well, on second thought, I suppose I DID receive some financial aid 'refund', although I was connected to the university's system through direct deposit, and the most I got was, like, an extra $300-600 a few times during my college tenure. Certainly nowhere near $2,000!
Isn't FAFSA completely direct so that once you fill it out, the federal gov't works with your university and/or private lenders (or used to) to help you get plenty of financial aid and pay the UNIVERSITY, rather than giving YOU money to give to the university yourself?
@whoo689 refund checks is financial aid that you have leftover after all your expenses have been paid off. so if you go to a cheap school or don't live on campus, you can get a lot of money back. chances are you either go to an expensive school or only take out just enough money to cover your expenses.
Is he referring to FAFSA student loans and not just direct private ones?? I didn't see any "checks." Am I just an outlier here? o.O Me and my mom filled out FAFSA every year I was in college to keep the aid going and make sure I got enough, and what I "received" were certain financial statements about how much the tuition cost, what the loans were amounting to, etc. I sure as hell never got a physical CHECK. How are some students getting checks here? O.o
@whoo689 You only recieve a check if the financial aid you are granted exceeds your tuition costs. For example, when I attended community college my 5k/per financial aid reward would cover my tuition and I would recieve whatever was left over as a check in the mail. Now that I attend a university that 5k doesn't cover ALL of my tuition and I don't get a check anymore, all of it goes to the school.
How the heck do kids get the check directly? Then again, I think I always signed my check directly to the college financial aid office. And the finance director STILL screwed me over for one whole year. Eh. Don't waste that aid, y'all--cuz you WILL have to pay.
@bigvirgotube The aid money first goes to the school to pay for your tuition. Often, the aid amount is above the cost of your tuition, so you get cut a check for the remaining amount. My school did this through direct deposit into my bank account.
This seems like a sweet deal, but it's not. I always found that the aid I received was inadequate for meeting all of my expenses while in college, and I had to work two jobs on top of school. I'm so glad to be out of college.
@HyrbidHermit Ah, been so long ago since I was in college--you're right. My aid was usually just BELOW the cost of my tuition; I did a lot of on-campus work to pay my way, then took out student loans, which I paid when I was doing my job related to my studies. I lucked out cuz I went to a local, private college, so I just covered classes/books. Good on you for that working thing, though I know the hell of working/studying.
this was the same for me, and if you saw my earlier vid on TYTU my Uni tried to screw me over after the tsunami and after their decision of forcefully withdrawing me from the semester. I ended up oweing nothing, but it took half a yr, and that meant six months without my degree. That also meant when I got my degree I had to start paying my student loans. But I couldn't get said job without my degree. My school really tried to screw me. I should have sued like Jayar said.
Good advice. Especially if you've ever taken out loans, pay them off asap and potentially avoid thousands later on in accruing interest. :o Which, sadly, I need to do too. haha Must... avoid...... temptation
I never qualified for aid because my parents made too much money. But with the money I did receive my, I only used it on things that mattered. Which wasn't booze, drugs, or anything that will not help me in college.
Ugh that bugs me. I can’t get financial aid, but people I know are able to because their parents are divorced, but they just use it to go shopping. In the long run, I’d rather be able to say I worked my way through university, which I am doing.
This comment has received too many negative votesshow
Lets take FAFSA away then, would you prefer that you complaining ass nigga. Lets take aid away then. Because this motherfuka does not like the way a small minority of people spend their checks. Because this guy is a banker, and he has access to everyone's statements, and he knows that everyone is using their checks to buy bullshiit. I hate people like this guy, sounds like a republican, complaining because the 99% has SOMETHING, instead of NOTHING.
@andrefrbk Don't know what's wrong with what he's saying all he's saying is be wise with your money rather than blowing it on stuff you don't need and won't help you in school.
I will agree with his point, and also come at it from a different angle.
Even though i've had a temp job since high school (got it when i was 18) that pays well, i've been living beneath my means for a little over 5 years, and during the first 2 i built up almost $20K. I've since kept a net >$10K (savings minus debt) ballance, even in my third year of university.
Shit happens, and having over $10K of liquid capital avalible at all times takes you mind off "will i be ok 2-6 months from now?".
Haha, yup I see this all the time! Rich kids in frats and sororities that lie on the FAFSA then use the cash on booze, drugs, clothes, expensive food, clubs, and dues. Then they vote Republican. Dumbass hypocrites.
@MRMAGIC305X These people better be careful. It clearly says on FAFSA that if you purposely lie, then you could face prison time and/or a huge fine. I'm surprised they haven't been audited yet. And it's a shame for people who don't get financial aid because the people who wasted it robbed them.
@BlackNerd91 I know, right? It's so fucked up but honestly I know so many people that do it and I've never heard of anyone getting caught. These rich people are stealing from the government and by extension us. They're no better than the stereotypical image of the welfare recipient they bitch about.
@MRMAGIC305X how the hell can you lie on the fafsa? the government demands documentation for the stuff you put down and they will find out, and then you will be screwed.
@TheEmptyHunter I don't know how they do it. Maybe their parents hide their income from the government, which would be another way they're stealing from the public. I hope they do get found out. It just isn't right.
I have only used my finicial aid on something that would qualify as "wasteful" once and that was to pay for a tattoo $370 but other then that I have only used it on books, bills, and food
@TheAnnoyingLifeKevin I'd argue that it should be common sense that a teenager suddenly handed a massive check who has never managed money before is likely to make some mistakes, particularly the first semester or so.
@TheAnnoyingLifeKevin you would think, but the reality is that some of those kids has never seen 2 grand all at one time, and when you got that much money in your pocket all at one time, all you can see are the things that you want and never see all the things that you need, until you spent it all and have nothing to show for it, and all of sudden you see what you need...and have no money to get it.
I spent my aid on food, accommodation, art supplies, and the very rare night out.
lilmissfoxygirl 1 day ago
Personally I think I would spend at least half of it in commodity trading which is rather easy compered to stock trading and you can make in a year a 50% increase in the money which they you spend that on crap and everything that's not profit on stuff you need to live then stuff you need to further your self.
Etheoma 1 week ago in playlist Uploaded videos
Student loans will follow you around till you die! Either use that money for the bare necessities or pay off those debts ASAP.
mochalex 1 week ago
thanks, great advice. i wished i knew and had that piece of information because it would or radically changed the course of my time and my situation. i would of not suffered as much or been in situations that were so compromising.
kazakhstanmkj 4 weeks ago
the cost of attendance depending on your major your programme and length of the programme, the cost for everyone is all different and the funding for everyone is all different because of all of our financial situation. i have been thinking about myself as to how i should spend it wisely. getting financial aide is a nightmare, but not getting anything is even a greater nightmare. the workers there make you pant for everything. bastards.
kazakhstanmkj 4 weeks ago
some uninversities only package you for just enough, barely enough, never surplus. i think the federal & state guidelines require that they do not and cannot exceed way over the cost of attendance and your situation. i already work 2 part-time jobs that are under the table. plus i do extra bitch jobs on the side to make extra more money such as babysitting & dog walking for higher education expenses.
kazakhstanmkj 4 weeks ago
If you're fortunate enough to be granted financial funds spending it recklessly is a slap in the face to those without- many students work 2 jobs on top of being a full time student to afford their tuition bill. FAFSA makes qualification for independent status near impossible. Good advice for responsibly spending aid some are lucky enough to receive, but disappointing to hear how some abuse it, be grateful if you even received a form of financial assistance for education in the first place.
alexafaeth 1 month ago
@alexafaeth i can come to agree. receiving financial aide is something i look for. i have been using it for the essentials for education higher education. to be honest even if you get the most of anything, them maximum granted. it is still not enough to cover everything. it is just barely enough to get by. even if you attend a community college. i go to a community college.
kazakhstanmkj 4 weeks ago
Shit what Andre saying is right! I used the extra money to buy a laptop, pay rent, and transportation costs. I was in my college bookstore a couple of years ago, and there was a whole family there buying Ipods, and other useless shit. Please use the money wisely. I never had the luxury of buying extra stuff.
maipai101 1 month ago
This is something that should be shared. Great work. Keep it up.
kaizendreams 1 month ago
I'm in favour of giving money in small amounts, focusing on subisidising essential services rather than just handing out a check (even if the individual chooses what the subsidies are for) and increasing the amount as the individual demonstrates fiscal discipline.
Wolfau5 1 month ago
was rich and told people that. I was ashamed of bieng poor and i acted like a snob becuase i didnt want anyone to ever make fun of me for bieng poor. Story of my life but I hate how everyone thinks people who get any aid are bad drugees. That is misfortunate because then people like myself and a lot of good students will get screwed. Without help there is no possible way i could ever even have going to college as an option. I would be stuck in the ghetto bieng raped and having babies on min wage
Ayohima 1 month ago
I get financialaid and it really helps.I spend it all on school. it is sad that people think we financial aid recipients are bad with money and use financial aid for drug money. Becuase that really isnt the case.when you are poor you like to act like "Oh i just got money and i can do what ever i want" of course then other people think "wow, these people are wasting financial aid". But in reality the poor person just said that becuase poor people are ashamed of bieng poor.growing up i pretended i
Ayohima 1 month ago
My financial aid just barely covers my rent and food.. it doesn't cover text books etc.. i don't make profit to buy stuff T_T
moyga 1 month ago
I'll admit, I used my aid to pay for my education. Now I have almost no debt after graduation. Have fun with your little dick measuring contest while I reach heights!
ipwnorcs 1 month ago
I will admit, with my aid I use it to help my family. However, I manage to stay within budget of books and bills (Rent, utility bills, gas for my car). Other necessities of course are prescriptions, food, sometimes school supplies you are required to have, and clothes if I don't have the outfit for the career fair (after losing weight, my clothes are huge). Splurge is a habit we need to have control over, and start staying within budget of our aid money.
Mika20 1 month ago
I used mine to help my family. And course get a few games, party and also saved some to put in the bank. But a lot of my friends especially freshman year 1st semester blow their money on bullshit. We called it "over payment"
timoback3000 1 month ago
@timoback3000 i spent all mine on school, I was running short and even had to borrow. Financial aid for me wasnt enough,though i appreciate it, it doesnt cover everything so it is sad when there are people saying they had leftovers and then someone sees that and thinks "we should cut aid since people have too much to spend". When reallythats not the case. I dont know i just felt lke telling u my story since it makes me feel bad that people think every recipient is like u and has too much
Ayohima 1 month ago
@Ayohima I agree but @ the place I went to it was very cheap. But Yes there was massive misuse of the "extra" money. A lot of people bought rims, club clothes, went on road trips and alcohol. In the end though its not "extra" or "free" since u have to pay it back. The smart thing to do is open an account and save most of the money
timoback3000 1 month ago
I remember someone who got some financial aid and bought some DVDS with her money I don't know how much she had tho but dang 200$ that's....not really much lol
MrBig200 1 month ago
yes it is true that some people spend their financial aid in irresponsible ways, then two months later they are the ones who are hurting for money and end up loosing their place. There will always be irresponsible people in the world.
splein23 1 month ago
WTF are " home boys"? . . .
manhunt48 1 month ago
@manhunt48 slang for friends...
rothwoodcreations 1 month ago
@rothwoodcreations Ah thank you, I've never actually heard that before.
manhunt48 1 month ago
@manhunt48 you're a loser
malik1 1 month ago
@malik1 Because I've never heard a slang term before? O.o. . . and calling people names over the internet makes you any more then a loser?. . . Grow up.
manhunt48 1 month ago
I use my financial aid on food and school supplies
jcac1023 1 month ago
How is it that so many people get refund checks? I did quite well in high school and got several scholarships, but I was always a few hundred dollars short that I had to pay out of my own pocket. A refund check would have been so much help.
nemo3590 1 month ago
Agreed. Also, write up a budget. Write down all of your monthly expenses to determine your monthly budeget, then divide that by 2 to determine your bi-weekly budget. Always make sure you have money saved up to cover your bi-weekly budget before spending cash on fun stuff.
mochalex 1 month ago
I work in a college book store which we allow the students to use over 1grand in spending in the bookstore. That may sound great, but 2/3rds of the students blow the money on the bullshit items we sell (video games, mp3 players, tablet pcs, ect.) Most of them don't even buy their books. Basicly the tax payer is paying these students for a shopping spree.
CrialCrial 1 month ago
TYT-youth... sure... TYT-university ... a little narrow
keysle 1 month ago
I wish I got that much in refund checks. <8C
kirabook 1 month ago
I know a guy who spent 2,000 dollars on food from his financial aid. SMH
He used to be skinny now hes a fat lard in a community college. Financial Aid should be more restrictive.
PinoyZo1 1 month ago
I spent my financial aid on weed, cigarettes, a playstation, liquor, and a computer....Money well spent in my opinon
Bankallday 1 month ago 5
@Bankallday I have friends who do the same. Then again, I don't see him living a successful life in the future.
MrAndydotcom 1 month ago
@MrAndydotcom Thanks for those inspiring words. What would the world do without friends like you
Bankallday 1 month ago
good vid. lots of dumb people misuse these funds on luxuries like this guy described.
Pelonetillo 1 month ago
real talk, real talk...
iceboks 1 month ago
yea, its easy to spend a lot of that f.a money on things that aren't important. my friends spend it all the time on trips and material things. i can't say i'm not guilty of it either. i spend a bit of it on food, mostly. but i do save some of it up as well for in case of emergencies or whatever.
DumplingzOwO 1 month ago
Some poor people are stuck in the mindset that we need to spend our money immediately because we are so used to getting a check then spending it all on our necessities then having nothing left over. When that extra is left over after buying what we need it doesn't feel right, so a lot of use end up buying things we really don't need. It definitively is a habit that needs to be broken.
Silents30 1 month ago 19
@Silents30 my sister wasted her financial aid, but we never grew up poor, or wanted for anything, she was just irresponsible!!
chillytoes1 1 month ago
lol you eatin mcchickens till you go your money.
psgchisolm 1 month ago
3 people blew their refund checks on booze and Jordans
Cuddlebunzzzz 1 month ago
I did this! And my college put a hold on my account until I paid it back.
pboisei 1 month ago
awesome video
HungryNinja360 1 month ago
Fuck Financial Aid, this goes for any goddamn penny you earn guys! :D
MysteriousMayonaise 1 month ago
I would kill for an extra $2,000 right now!
whoo689 1 month ago
Well, on second thought, I suppose I DID receive some financial aid 'refund', although I was connected to the university's system through direct deposit, and the most I got was, like, an extra $300-600 a few times during my college tenure. Certainly nowhere near $2,000!
whoo689 1 month ago
Isn't FAFSA completely direct so that once you fill it out, the federal gov't works with your university and/or private lenders (or used to) to help you get plenty of financial aid and pay the UNIVERSITY, rather than giving YOU money to give to the university yourself?
whoo689 1 month ago
@whoo689 refund checks is financial aid that you have leftover after all your expenses have been paid off. so if you go to a cheap school or don't live on campus, you can get a lot of money back. chances are you either go to an expensive school or only take out just enough money to cover your expenses.
Cuddlebunzzzz 1 month ago
Is he referring to FAFSA student loans and not just direct private ones?? I didn't see any "checks." Am I just an outlier here? o.O Me and my mom filled out FAFSA every year I was in college to keep the aid going and make sure I got enough, and what I "received" were certain financial statements about how much the tuition cost, what the loans were amounting to, etc. I sure as hell never got a physical CHECK. How are some students getting checks here? O.o
whoo689 1 month ago
@whoo689 You only recieve a check if the financial aid you are granted exceeds your tuition costs. For example, when I attended community college my 5k/per financial aid reward would cover my tuition and I would recieve whatever was left over as a check in the mail. Now that I attend a university that 5k doesn't cover ALL of my tuition and I don't get a check anymore, all of it goes to the school.
Akhotnik 1 month ago
I stopped watching after "home boy".
ozymay 1 month ago
i use financial aid to pay my rent and stuff
endauthority 1 month ago
#1 advice I'd give to student loan takers: Never take the full amount offered. You don't need it.
manonthemount 1 month ago
@manonthemount I do. I get basically just enough money to pay for school. I agree that most kids don't need all that extra money though.
MySmile012 1 month ago
How the heck do kids get the check directly? Then again, I think I always signed my check directly to the college financial aid office. And the finance director STILL screwed me over for one whole year. Eh. Don't waste that aid, y'all--cuz you WILL have to pay.
bigvirgotube 1 month ago
@bigvirgotube The aid money first goes to the school to pay for your tuition. Often, the aid amount is above the cost of your tuition, so you get cut a check for the remaining amount. My school did this through direct deposit into my bank account.
This seems like a sweet deal, but it's not. I always found that the aid I received was inadequate for meeting all of my expenses while in college, and I had to work two jobs on top of school. I'm so glad to be out of college.
HyrbidHermit 1 month ago
@HyrbidHermit Ah, been so long ago since I was in college--you're right. My aid was usually just BELOW the cost of my tuition; I did a lot of on-campus work to pay my way, then took out student loans, which I paid when I was doing my job related to my studies. I lucked out cuz I went to a local, private college, so I just covered classes/books. Good on you for that working thing, though I know the hell of working/studying.
bigvirgotube 1 month ago
@HyrbidHermit
this was the same for me, and if you saw my earlier vid on TYTU my Uni tried to screw me over after the tsunami and after their decision of forcefully withdrawing me from the semester. I ended up oweing nothing, but it took half a yr, and that meant six months without my degree. That also meant when I got my degree I had to start paying my student loans. But I couldn't get said job without my degree. My school really tried to screw me. I should have sued like Jayar said.
lordblazer 1 month ago
Good advice. Especially if you've ever taken out loans, pay them off asap and potentially avoid thousands later on in accruing interest. :o Which, sadly, I need to do too. haha Must... avoid...... temptation
DemonicCollusion 1 month ago
I never qualified for aid because my parents made too much money. But with the money I did receive my, I only used it on things that mattered. Which wasn't booze, drugs, or anything that will not help me in college.
nintendo007 1 month ago
Ugh that bugs me. I can’t get financial aid, but people I know are able to because their parents are divorced, but they just use it to go shopping. In the long run, I’d rather be able to say I worked my way through university, which I am doing.
TheRebekahF 1 month ago
lol true shit!
NoLaTvShow 1 month ago
hey. aint nothing wrong with McChickens
samus1225 1 month ago
This comment has received too many negative votes show
Lets take FAFSA away then, would you prefer that you complaining ass nigga. Lets take aid away then. Because this motherfuka does not like the way a small minority of people spend their checks. Because this guy is a banker, and he has access to everyone's statements, and he knows that everyone is using their checks to buy bullshiit. I hate people like this guy, sounds like a republican, complaining because the 99% has SOMETHING, instead of NOTHING.
andrefrbk 1 month ago
@andrefrbk Don't know what's wrong with what he's saying all he's saying is be wise with your money rather than blowing it on stuff you don't need and won't help you in school.
SumFreshDkaf 1 month ago
Absolutely true. Thanks Andre.
pastafarian37 1 month ago
go vols!
lulz1978 1 month ago
This has been flagged as spam show
Black people go to college?
wawieism 1 month ago
@wawieism Troll.
juanirdag 1 month ago
@juanirdag faggot
wawieism 1 month ago
@wawieism your mom
juanirdag 1 month ago
@wawieism Douchebag. Jayar went to college. He's the freaking host of tytuniversity.
GTFO.
poestasis7 1 month ago
I will agree with his point, and also come at it from a different angle.
Even though i've had a temp job since high school (got it when i was 18) that pays well, i've been living beneath my means for a little over 5 years, and during the first 2 i built up almost $20K. I've since kept a net >$10K (savings minus debt) ballance, even in my third year of university.
Shit happens, and having over $10K of liquid capital avalible at all times takes you mind off "will i be ok 2-6 months from now?".
gulllars 1 month ago
This has been flagged as spam show
Haha, yup I see this all the time! Rich kids in frats and sororities that lie on the FAFSA then use the cash on booze, drugs, clothes, expensive food, clubs, and dues. Then they vote Republican. Dumbass hypocrites.
MRMAGIC305X 1 month ago 92
@MRMAGIC305X These people better be careful. It clearly says on FAFSA that if you purposely lie, then you could face prison time and/or a huge fine. I'm surprised they haven't been audited yet. And it's a shame for people who don't get financial aid because the people who wasted it robbed them.
BlackNerd91 1 month ago
@BlackNerd91 I know, right? It's so fucked up but honestly I know so many people that do it and I've never heard of anyone getting caught. These rich people are stealing from the government and by extension us. They're no better than the stereotypical image of the welfare recipient they bitch about.
MRMAGIC305X 1 month ago
@MRMAGIC305X how the hell can you lie on the fafsa? the government demands documentation for the stuff you put down and they will find out, and then you will be screwed.
TheEmptyHunter 1 month ago
@TheEmptyHunter I don't know how they do it. Maybe their parents hide their income from the government, which would be another way they're stealing from the public. I hope they do get found out. It just isn't right.
MRMAGIC305X 1 month ago
@MRMAGIC305X Really, How can they lie?? When ever I do FASFA the school makes me send in my 1040 its called verification and its annoying.
jrpone 1 month ago
@jrpone Like I said before, I'm not sure. I'm guessing their parents hide their true income.
MRMAGIC305X 1 month ago
when I got my financial aid refund I bought an ounce of weed
rawd 1 month ago
I wish I got a refund check. My financial aid + fed loans can't afford tuition...
stalker7d7 1 month ago
Lol. Yep.... I know a few people.
SirGomez81 1 month ago
I have only used my finicial aid on something that would qualify as "wasteful" once and that was to pay for a tattoo $370 but other then that I have only used it on books, bills, and food
johndutchcain187 1 month ago
Waste it? Hell no! My financial aid is going straight towards getting that debt off my back. People in general dont seem to be smart with money
BrooklynJEW7 1 month ago
The wife and I are using our Financial Aid money to start an Ebay business. That way next semester we won't need the financial aid.
BusinessIDBAI 1 month ago
One would think that not wasting financial aid money would be common sense.
TheAnnoyingLifeKevin 1 month ago 72
@TheAnnoyingLifeKevin I'd argue that it should be common sense that a teenager suddenly handed a massive check who has never managed money before is likely to make some mistakes, particularly the first semester or so.
AKSBSU 1 month ago
@TheAnnoyingLifeKevin
My parents always told me, "Common sense is very uncommon".
I've grown to see that that is in fact the case.
Leadman1989 1 month ago
@TheAnnoyingLifeKevin It is. Its just some people dont have any lol
alias1928 1 month ago
@TheAnnoyingLifeKevin common sense isn't very common
Cuddlebunzzzz 1 month ago
@TheAnnoyingLifeKevin you would think, but the reality is that some of those kids has never seen 2 grand all at one time, and when you got that much money in your pocket all at one time, all you can see are the things that you want and never see all the things that you need, until you spent it all and have nothing to show for it, and all of sudden you see what you need...and have no money to get it.
rothwoodcreations 1 month ago