Univerity of New Orleans film school grad, somehow not the worst finances on the show

WARNING, THIS MAN IS A SELF-ADMITTED REDDITOR, THE KIND WHO BRINGS UP REDDIT IN CONVERSATION timestamp

Dustin, 27, New Orleans LA

Career:

• Film gig work

• Been doing this since 2014

• One client he's on retainer with

  • Writes, edits, directs their marketing commercials

  • Very small scale, local lawyer type thing

• Was in the health and safety department on a few AMC shows that happened to be shooting locally

  • Interview with a Vampire

  • Witches (was only working with for a day)

  • 3rd one isn't out not sure if he should say it

• Wants to be a "writer-direct-auteur type"

• Has yet to get an editorial job that has linked to Hollywood

• Went to college, 2 degrees in Film

  • Film School at University of New Orleans

    • Didn't find work after graduating so went to grad school

  • Went back to University of New Orleans for grad school

• Averages 5'000 a month

  • Pre-taxes, is setting around third aside for taxes

• He's having some issues with the writer's strike going

Personal Life:

• From 16 on to a couple years ago, lived on 400 a month?

  • until post-grad school

• Wants to move somewhere more expensive for better oppourtunities

  • He's not sure where

• Opted for a mealkit delivery thing because it was cheaper than what his grocery list was

• Lives with his girlfriend timestamp

  • Split costs of groceries somewhat? There's something going on there but it's not explored.

Expenses/Debts:

• Personal Loan $3165/$12'465 timestamp

  • $349 monthly payment

  • 15.44% interest

  • "That's what I call a bad business decision that blew up in my face"

  • Wanted to buy his own film equipment to rent out/use for his own stuff

  • Sony FX-9 usually goes for $16'000, found a full-kitted out one for $9'400

  • "Seller got hacked so the camera never came"

    • He bought it through Ebay

    • Eventually got money back

    • Had already separately spent 1'000 on a lens for that camera

  • Has paid back 9400 of the 12'565

  • He's confused and doesn't realize the loan was originally 12'000?

    • He's really hoping it wasn't

    • If he's right there's only $665 remaining

• Student Loans 61'000

  • All Federal

  • Between 4%-6%

  • Only took out loans for Grad School, his parents covered undergrad

  • Thinks it will be about five hundred something?

  • Went with a 10 year repayment program thing?

    • Something that starts at 500 and balloons to 800 towards the end?

• Pays for a few Patreons

• Doesn't have an LLC setup

  • No business cards or anything

• Credit Cards:

  • Perfect payment history

  • just got a CLI?

• Klarna

  • $53 a payment

  • Had bought concert tickets

• Pays for nexus to download mods more efficiently

• Lot of uber trips, his car died a couple months ago

  • Mechanic said the coolant or something leaked into the oil

• Health insurance that he has "doesn't cover his meds"

Savings/Retirement:

• Savings

  • 15'000 (this included the personal loan money?)

• Checking

  • 5894 (savings for taxes)

  • 1'862

    • usually between 1800 and 2800

• Emergency Fund timestamp

  • Doing a CD with a 5.08% AOY and put 12'000 to keep it in

    • 4 months

    • CD is non-committal

• Roth IRA

  • $6'039

• Fidelity Account "with etfs and stuff"

  • $1'700