• Breaking News

    Saturday, August 3, 2019

    Financial Independence Daily FI discussion thread - August 03, 2019

    Financial Independence Daily FI discussion thread - August 03, 2019


    Daily FI discussion thread - August 03, 2019

    Posted: 03 Aug 2019 01:09 AM PDT

    Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!

    Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked.

    Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/AutoModerator
    [link] [comments]

    Once I FIRE I'll buy my favorite video games out there, old and new ones, and play them one by one. Does anyone else plan to do the same?

    Posted: 03 Aug 2019 07:44 AM PDT

    So there it is. I'd love to dive in my childhood games, such as Tomb Raider, Hitman, Might & Magic, etc. Might even consider buying an old PS1/2 console to be able to play them. And, you know, take my time to play them slowly :) Do you feel doing the same once you FIRE? If so, what video games are you certainly going to play/buy?

    submitted by /u/aldashio
    [link] [comments]

    Why they dont teach financial literacy in schools

    Posted: 03 Aug 2019 06:57 AM PDT

    I'm sure you heard it a million times. "ScHoOL DoesNt TeaCh YoU AnYthiNg YoU nEed in The ReAl WoRld!"

    It's partly true. I had to learn all this financial independence stuff on my own. Coming out of high school, I didn't know anything about taxes but I knew the stem cells of a leaf.

    Money management, taxes, and learning about debt should be mandatory in school, but I think I figured out why they don't teach you these things.

    Because if they did teach you, you most likely wouldn't get loans on cars and houses and probably wouldn't go into student debt at any university.

    You wouldn't use credit cards, so the banks wouldn't be making passive income on your outstanding debts.

    Your debt is basically an asset to someone else that gets them passive income. While you struggle to go to work and pay your bills, they're just sittin back and collecting money.

    submitted by /u/PricelessLife
    [link] [comments]

    No comments:

    Post a Comment