I was talking to my dad about his finances and his retirement plan when he mentioned he still has about another 30 years left on their mortgage. At first I thought he was confused and thought he had 30 years left because that was the total length of the loan. I told him there was no way he had 30 years left because they have been living in the same house for almost 20 years. I then had him login me into his mortgage account and sure enough he somehow has a 52 year mortgage with 30 years left. My question is should I have him pay as much as he possibly can to pay it off quickly or should I continue to let him make the minimum payment? He has no other debt besides the mortgage. His reasoning for only making the minimum payments is that it's a 3% loan and that money is better off earning interest somewhere else. He will be 87 by the time he pays off the house if he continues to make the minimum payments.

Found it here/for the Twitterinos:

I am once again begging Redditors to stop posting Ls:

For some reason this becomes a /r/childfree struggle session:

Folks can't figure out if this is good or not? Idk didnt read:

OP is getting mogged by his dad and its worse when Redditors are saying it:

Edit:

Look at him! Look at him and laugh!

!peakpoors !neolibs explain

streamer watchers defend the queen

https://old.reddit.com/r/Asmongold/comments/1ahqir4/1660_for_rent_when_you_make_2k_monthly_is_crazy/

AHH @Aevann I CANT UPLOAD VIDS DIRECTLY SO HAD TO LINK THE REDDIT THREAD

EDIT NOW IT DOUBLE POSTED !metashit the SITE IS BROKEN

Van Wassenhove, through her lawyer, said she suffered from depression due to the severe and isolating circumstances.

"Being paid, at home, not working is not a privilege. It's very hard to bear," she's quoted as saying.

Van Wassenhove has epilepsy and hemiplegia, the paralysis of one side of the body. She's also a mother of two children, one of whom has autism. She reportedly struggled to make ends meet and faced eviction notices.

Orange took over France-Télécom in 2000 and in 2002, Van Wassenhove requested a transfer to another region. Two years later, Orange conducted an occupational medicine report and found that Van Wassenhove wasn't suitable for her role.

The company put her on standby, then on sick leave, before eventually offering her retirement due to her health issues.

no boats... no lake houses... no summers in any vineyards... just lgbtq and weed pen and thrifting https://t.co/47Wp2xFi46

— megan (@chismosavirus) June 16, 2024

Dunno if this belongs here or in /h/chudrama

Some highlights:

OP wants to include management in the union. Other Redditors point out how r-slurred that is and that union bosses can be just as bad.

Redditor points out that people be too catty to unionize. Delusional Redditors take umbrage.

Self described Typical lesbian communist is sad people that people are swallowing the anti- union propaganda.

Average Redditor (seriously, check xheir profile) agrees with OP other Redditors think xhe is stupid

OP calls for REVOLUTION!!

!grillers !jidf

Outside of life events like fires, accidents, etc. How was a normal adult working a normal job unable to pay off their house or condo within ten years.

I'm legitimately baffled. I live in the midwest near a city. Housing prices have gone way up but they're still achievable. As in, if I work for 20 years I can't see how this won't be paid off. Which is how it was explained to me 10+ years ago. But there's a problem with that.

I make 40k a year and my job only required some time at a community college. 40k a year is not impressive. But the wages haven't kept up with the market. Even if I were only making 20k a decade ago, that's more than the price of an entire condo from back then.

Where did these peoples' money go. When I was growing up we knew a family that went on vacation 1-2 times a year. This was because "their house is fully paid off so they have more money to spend."

My whole life I kept thinking about how smart they must have been with their money. Motherlover, how was this not the default state of every mentally stable adult? I could outright buy a shitty 2 bedroom house (from ten years ago) in my hometown right now. I've only meaningfully saved for four years.

I've heard some excuses over the years but now that I have perspective they're all dumb.

>"The more money you have the more expensive life gets."

No it does not. Do you know how much I spent on groceries five years ago? A couple hundred. Do you know how much I spend on them now? A couple hundred + inflation. When you are making 80k a year you are not obligated to buy some r-slur subaru new off the lot every summer. You can keep buying normal used cars. You actually don't need to go to a steakhouse every weekend. That was a joke but I knew a family that went to rainforest cafe every weekend because "the kids like it." They LOST THEIR HOME, got hooked on coke, and died. Bi-weekly visits to gamestop and Toys R Us too.

>"I just like to spend on myself, so I have less savings."

What in all that is holy could you possibly be buying that eats up tens of thousands of dollars a year. Especially in current year. Literally what. I don't even have a guess. Am I naive and all my small town midwest neighbors are secretly crackheads?

>"We're being responsible and putting it into savings."

Oh okay good that's great why are you still working into your 60s and 70s again where the absolute frick did this money go.

>"Insurance, bills, blah blah blah."

What insurance policy do you have that eats up 10k a year. Are you just blasting your hose and space heaters 24/7? I used to take hour long showers almost daily. My water bill was not financially crippling. I heard this excuse so much that I was afraid to go to the doctor or dentist for years once I was on my own insurance. The job I have covers it. I pay $0 to have my teeth cleaned twice a year. I am not obese so I don't have crippling ailments.

>"Kids."

This one might be feasible but based on how much utter bullshit was behind literally every other excuse I've heard this also seems like it could be a stretch. Again, if the kid is not crippled in some way where could the money possibly be going. I easily spent less than 1k on myself over the past year for fun. You're telling me that you can't pick up some toys from a garage sale and maybe buy them a console/ bike every couple of years? How much do youth leagues cost for sports, $80 a season?

WHERE DID ALL OF THESE PEOPLES' MONEY GO???

This whole rant was made assuming someone lived in a single-income house and I just realized that it's even worse than I thought because all these families I'm remembering were dual income.

Sam, 26

Michael, 28

Rio Grande Valley

Personal Life/Career:

• Recently married, April 6th this year

  • Engaged for 4 months

  • Dating for 4 years

  • Never talked about finances before getting married?

• Assistant Manager (Her) timestamp

  • 2'100 a month roughly

• Truck Driver (Him) timestamp

  • 2'400 a month

• She is currently in school? timestamp

  • Studying Social Work? Doing a Masters

  • She has student loans but I did not catch what they were

Financials:

• Combined finances less than a month ago, she added him to her account

• "Different opinions" on spending timestamp

  • She says she's more frugal, he likes spending on electronics and vehicles

  • He Upgraded to new iPhone, FOMOS into newest thing

• How do their financial conversations go? timestamp

  • She says she wants to pay off debt quickly, "to zero as fast as possible" even if it's 0% apr

  • "He sees zero apr and he's like oh, we don't gotta pay anything at all"

• They have zero in their savings (paid off some cards recently)

• She paid off a few things that were at 0 instead of another 0 that was about just hit the interest period timestamp

  • "To be fair he signed up on a property without me knowing"

  • 120'000 property? He told her he was going to look and he ended up buying it on sight? "Owner to Owner financing"

    • Before marriage

    • Paid 117'000 with financing?

    • Applying to refinance "soon" timestamp

      • Currently at 12% over 30 years

      • they want a lower monthly and fewer years

  • Specifics timestamp

    • 6'000

    • There's another 6'000 that went to paying the parents?

      • Paying back parents for wedding?

• Built a 860 sq ft "frame house" on the property timestamp

  • Property is 3 acres

  • Building the house cost $37'000

• Score timestamp

  • He says - 8

  • She say - 4

• Credit Card 1 (Wells Fargo) ($4'120) tiemstamp

  • $42 minimum payment

  • 0% interest until October

  • 92 in new purchases

  • CC was opened because she wanted to start a business timestamp

    • Coffee cart selling expresso drinks outside markets

    • "Got busy" so she couldn't keep doing this, sold all equipment - didn't make money? timestamp

      • Awkward laugh when asked what she got from the sale? Got 2500 back?

      • Spent 10'000 on this?

      • Got a job because this wasn't working well?

• Credit Card 2 (4'028) timestamp

  • Interest about to start accruing

  • Paid 5'000 - claims she doesn't remember where she got this

    • Balance was 9'000

    • After getting pressed, says it was from a 20'000 personal loan

  • 92 in new purchases

• Personal Loan (21'749) timestamp

  • 21% interest

  • Gets pressed hard on why she traded 5'000 at 0% for a 21%

  • more info timestamp

    • In her name

    • They didn't know it was $21'749

    • Weren't able to make any minimum payments because of his motorcycle? timestamp

      • He doesn't even use it and now it's busted - front shock went out and it would be a 2'000 repair bill

  • Paid off the bike with this timestamp

    • 227 a month

    • 7'000 balance on it

    • 7% interest rate

    • Bike's used value is around $9'000

• She remembers why she paid off his credit cards timestamp

  • She did not like the monthly minimum payments?

  • "I don't know what I'm doing"

• Credit Card 3 (Lowe's) timestamp

  • Paid off, one of the things in that personal loan

  • Would have been interest free for another couple months?

  • Ate a late fee at some point

  • Was 2'000

  • Paid for a washer/dryer on here? timestmap

    • 0% financing at Lowe's

    • Her dad had given money for washer/dryer, he used it for the wedding and 0%'d the washer/dryer. She did not know about this and thought they were paid for in cash?

      • Her parents are divorced

• Credit Card 4 (Discover) ($10'656) timestamp

  • To build the house - he clarifies that it was finishing the interior of the house

  • "Because we didn't have the money for it"

  • He has never watched the show before - she has

  • Roughly 3000 a year in interest accruing on this?

• Credit Card 5 (City Simplicity) ($5'909) timestamp

  • His, she paid this one off as part of the personal loan

    • actually this was with the wedding gifts? 6'000 in wedding gifts? actually the wedding gifts and some savings?

    • Actually it was a different much smaller card she paid off

  • 0% interest

    • He thinks this ends by August

    • Actually it ended 3 weeks ago

  • $59 minimum payment

  • 29%

• Credit Card 6 (Home Depot)

  • Paid off

• Credit Card 7 (Capital One Savior One) (Paid off) timestamp

  • A bunch of Amazon purchases on this one - for the wedding?

    • Lights, table covers, etc?

• Credit scores -

  • His is 630

  • Her's is 695 (last she checked)

• "How did she convince you to come on this show?" timestmap

  • He didn't want to come on

  • He didn't watch the "on-boarding video" because "she didn't tell him about it"

  • they try to justify their financial opinions timestmap

• Purchased a water slide timestamp

  • He is trying to make money with this by renting it out?

  • $1'600 total

  • Hasn't been able to rent it yet?

• Bought some pc fans timestamp

  • He's been playing Helldivers 2

• Attempts to convince them not to be r-slurred timestamp

• He has 3 vehicles timestamp

  • 1 at his house

  • 1 at parent's garage

  • 1 his dad uses

• Checking Account ($31) timestamp

  • Disastrous amount of eating out

  • It's like they think credit cards are literally free money

  • 453 just on going out to eat

  • Phone bill is $185 (they both owe on their phones)

• An attempt to explain how interest works timestamp

• Budget time timestamp

/u/acentooate will delete their top comment the second someone presents a counterpoint because xhey're a coward.