People Horrible With Money?

[LawMan018]

To me it's common sense... I'm obviously not an "expert" but recently something occured that made me share with you guys.
I live on a military base with my wife, and while I'm still young (22) our neighbors are younger (around 18 or 19). The husband is an E-3 which isn't that high, and being a newly married couple they didn't have a lot of things. They had a mattress, a television, and random little things, but that's it.
The first "major" purchase they made was about a month ago. They "apparently" got a good deal, and instead of the normal 2 thousand it goes for, they got a vauum for 1,200 dollars... Let me say it again, a 1,200 dollar vaccum.
By now hopefully you guys' are thinking the same thing my wife and I were at that time. From this point, my wife tried to give them good pointers, on how to use craigslist and a local auction website to get stuff affordable that still looks good. Which is what we've used to get our house nice and cozy.
So today, at work, I get a text informing me that the neighbor's had gotten a 2,000 dollar brand new bedroom set. Mind you these purchases aren't with cash, it's with credit from places like Aaron's and such.
I don't understand. How can you be this stupid? Now if you were making large amounts of cash I could understand, but this is on an E-3's salary, and after taxes and such... It doesn't give you much. Anyways, I just had to share this with someone else, I can't keep how ridiculous this is to myself, anyone else with similar experiences?

[SlimmerMe]

a $1200 vacuum? makes no sense...We all have our lessons I suppose....

[DSM4Life]

I bought a vacuum at walmart for $35.00. Best vacuum i ever owned , lol

[LawMan018]

I bought a vacuum at walmart for $35.00. Best vacuum i ever owned , lol

Haha same here not too long ago! Ours was a little mini turqoise colored one but it works amazingly.

[lovbyts]

I hear you. A LOT of young people and older live on credit of tomorrow, counting what they will have in the future. It's a VERY risky game and MOST loose. That's why they are forever in debt after just a few years forever paying interest.

MOST of the time when i have done buy it on 1 year same as cash it's because I had the cash already and just put it to the side in the bank but most people cant do that. I have also bought a few things I didnt have the cash for and paid more later due to life screwing things up.

I'm with you, I buy most of my major purchases online and on craigslist. I got my $150 Hoover vacuum for $35 and it's perfect. I will admit I did just purchase a Hoover Carpet cleaner for $320 but there is a BIG difference between a GOOD vacuum and a shampooer. it also has a 6 yr warranty and I did 2 weeks of research online before making my choose. I have owned others in the past also so I know what I wanted/needed it to do.
A lot of people are sucked into (pun intended) buying a rainbow or Kirby vacuum and shown little tricks that are nothing but that, tricks to make them look better.

Same with furniture. MOST I will by 2nd hand but NEAR new for 1/10 the original price. I have 4 matching lazy boy recliners for my movie room along with my massage chair/recliner and foot/leg massager. The lazy boy recliners cost me $150 for ALL 4. The massage chair cost me $100 and even my masseuse friend like it; it's not one of those vibrating ones, it's a real hard roller massage.

My bedroom set is $1500 most places (bed only) and I got it for $450. BIG 4 poster bed.

Soon they will be in-debt for life. It's sad.

[Vettester]

Soon they will be in-debt for life. It's sad.

Or they will file chapter 7 bankruptcy and have no debts.

[warchild]

I hear you. A LOT of young people and older live on credit of tomorrow, counting what they will have in the future. It's a VERY risky game and MOST loose. That's why they are forever in debt after just a few years forever paying interest.

MOST of the time when i have done buy it on 1 year same as cash it's because I had the cash already and just put it to the side in the bank but most people cant do that. I have also bought a few things I didnt have the cash for and paid more later due to life screwing things up.

I'm with you, I buy most of my major purchases online and on craigslist. I got my $150 Hoover vacuum for $35 and it's perfect. I will admit I did just purchase a Hoover Carpet cleaner for $320 but there is a BIG difference between a GOOD vacuum and a shampooer. it also has a 6 yr warranty and I did 2 weeks of research online before making my choose. I have owned others in the past also so I know what I wanted/needed it to do.
A lot of people are sucked into (pun intended) buying a rainbow or Kirby vacuum and shown little tricks that are nothing but that, tricks to make them look better.

Same with furniture. MOST I will by 2nd hand but NEAR new for 1/10 the original price. I have 4 matching lazy boy recliners for my movie room along with my massage chair/recliner and foot/leg massager. The lazy boy recliners cost me $150 for ALL 4. The massage chair cost me $100 and even my masseuse friend like it; it's not one of those vibrating ones, it's a real hard roller massage.

My bedroom set is $1500 most places (bed only) and I got it for $450. BIG 4 poster bed.

Soon they will be in-debt for life. It's sad.

ohh i like that, where did you get it???

[MaNiCC]

This doesn't suprise me, but i would have thought with the financial situation most countries are in they would have known better

[LawMan018]

I hear you. A LOT of young people and older live on credit of tomorrow, counting what they will have in the future. It's a VERY risky game and MOST loose. That's why they are forever in debt after just a few years forever paying interest.

MOST of the time when i have done buy it on 1 year same as cash it's because I had the cash already and just put it to the side in the bank but most people cant do that. I have also bought a few things I didnt have the cash for and paid more later due to life screwing things up.

I'm with you, I buy most of my major purchases online and on craigslist. I got my $150 Hoover vacuum for $35 and it's perfect. I will admit I did just purchase a Hoover Carpet cleaner for $320 but there is a BIG difference between a GOOD vacuum and a shampooer. it also has a 6 yr warranty and I did 2 weeks of research online before making my choose. I have owned others in the past also so I know what I wanted/needed it to do.
A lot of people are sucked into (pun intended) buying a rainbow or Kirby vacuum and shown little tricks that are nothing but that, tricks to make them look better.

Same with furniture. MOST I will by 2nd hand but NEAR new for 1/10 the original price. I have 4 matching lazy boy recliners for my movie room along with my massage chair/recliner and foot/leg massager. The lazy boy recliners cost me $150 for ALL 4. The massage chair cost me $100 and even my masseuse friend like it; it's not one of those vibrating ones, it's a real hard roller massage.

My bedroom set is $1500 most places (bed only) and I got it for $450. BIG 4 poster bed.

Soon they will be in-debt for life. It's sad.

So true. That is an amazing bed I must say... For that price too!? Wow... Anyways, back on topic, it's just strange to hear them talk. They both came from poorer families, and when we've approached them (more so my wife) about these things they say, "We like to have nice new stuff." This doesn't make a bit of sense. I also think laziness has something to do with it. Taking time to find good furniture might not be as "fast" as just going to a store and racking up debt, but it's well worth it!

[DSM4Life]

I hear you. A LOT of young people and older live on credit of tomorrow, counting what they will have in the future. It's a VERY risky game and MOST loose. That's why they are forever in debt after just a few years forever paying interest.

MOST of the time when i have done buy it on 1 year same as cash it's because I had the cash already and just put it to the side in the bank but most people cant do that. I have also bought a few things I didnt have the cash for and paid more later due to life screwing things up.

I'm with you, I buy most of my major purchases online and on craigslist. I got my $150 Hoover vacuum for $35 and it's perfect. I will admit I did just purchase a Hoover Carpet cleaner for $320 but there is a BIG difference between a GOOD vacuum and a shampooer. it also has a 6 yr warranty and I did 2 weeks of research online before making my choose. I have owned others in the past also so I know what I wanted/needed it to do.
A lot of people are sucked into (pun intended) buying a rainbow or Kirby vacuum and shown little tricks that are nothing but that, tricks to make them look better.

Same with furniture. MOST I will by 2nd hand but NEAR new for 1/10 the original price. I have 4 matching lazy boy recliners for my movie room along with my massage chair/recliner and foot/leg massager. The lazy boy recliners cost me $150 for ALL 4. The massage chair cost me $100 and even my masseuse friend like it; it's not one of those vibrating ones, it's a real hard roller massage.

My bedroom set is $1500 most places (bed only) and I got it for $450. BIG 4 poster bed.

Soon they will be in-debt for life. It's sad.

Can i try it out ?

[lovbyts]

Or they will file chapter 7 bankruptcy and have no debts.

True that. I always forget about that option because I would never consider doing that. I have always felt if it's my debt I need to pay it even if there is a way out like that. I could easily do the same and eliminate a LOT of debt right now but still I am in debt due to my own fault and I owe it so I will pay it.

ohh i like that, where did you get it???

I first saw it at a local store, MOR Furniture For Less and they have a good price but only sold in a full set now. There are quite a few online at other stores that are $1200 on up to $3000+ but I found it on Craigslist for $400 or less.

Can i try it out ?

Try my bed? Well we will have to see about that.... Let me know when you are in my area and we will discuss it. Maybe I will loan or rent you the room for the day. LOL

[calgarian]

True that. I always forget about that option because I would never consider doing that. I have always felt if it's my debt I need to pay it even if there is a way out like that. I could easily do the same and eliminate a LOT of debt right now but still I am in debt due to my own fault and I owe it so I will pay it.



I first saw it at a local store, MOR Furniture For Less and they have a good price but only sold in a full set now. There are quite a few online at other stores that are $1200 on up to $3000+ but I found it on Craigslist for $400 or less.


Try my bed? Well we will have to see about that.... Let me know when you are in my area and we will discuss it. Maybe I will loan or rent you the room for the day. LOL

u know whats coming right...? he is gonna ask if you come with it...

[MACHINE5150]

was the 1200 dollar vaccuum a Kirby or a Rainbow?? just curious.. I know people that sell those here and over there. .alot of people buy them, i own a rainbow.. but it is the best cleaning machine on the planet, comes with a lifetime warranty and i got a discount on it.. but then again i make a lot of money and can afford it.. An E3's salary is peanuts.. the sad thing is people do not teeach thier kids how to use/save/invest money and they don't teach you in school.. so some kids just never learn until they are up in thier eyebballs in debt..

Too many people buy things they don't need, with money they don't have, to impress people they don't like.. that's the American way..

[gixxerboy1]

there is a difference in how stuff is made. You can find furniture that looks nice but made cheap or doesn't last for alot less money. Bedroom sets i spend alot on cause i plan on keeping them. Lving room sets i'd rather go cheap and get a new one evert couple years.

also they may have purchased it on credit but alot of places are doing 12-24 month no interest. so its the same thing als long as you pay it off.

i just sold my kirby vacuum on craigs list for $400.

[D3m3nt3d]

I paid $2100 for a Rainbow Vacuum Cleaner. Over time I bought a lot of stupid shit, me and my wife as well, then again now I'm also separated and bankrupt. So, i am not a good example

[lovbyts]

I paid $2100 for a Rainbow Vacuum Cleaner. Over time I bought a lot of stupid shit, me and my wife as well, then again now I'm also separated and bankrupt. So, i am not a good example

Who got the RainBow?

[Tigershark]

My bedroom set is $1500 most places (bed only) and I got it for $450. BIG 4 poster bed.

Soon they will be in-debt for life. It's sad.

That is our exact bedroom set. Bobs discount furniture is where we got ours from.