Berkeley CSUA MOTD:Entry 28946
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2003/7/7 [Finance/CC] UID:28946 Activity:very high
7/7     re: lonely geek thread a couple of weeks back.  If people think that
        money doesn't matter in a relationship, you're in fantasy land.  A
        friend recently broke up with a guy because she discovered that he had
        several thousands in credit card debt.  He's a native and she's not.
        It's not like he's unemployed.  He makes a decent living, but just
        can't save any money.  That's completely unacceptable to her (to me as
        well).  I think most people agree that "marrying for money" is bad.
        But I'd rank compatible financial goals as #2 on marriage
        criteria.  -happily married guy
        \_ You are out of your forking mind. "Several thousands in credit
           card debt" is a refrigerator or television these days. Forget
           about a car, huh? Lots of debt isn't good, but "several
           thousands"? Your friend is in for some trouble. I'm glad for
           the guy, though.
           \_ My TV cost 300 dollars.  My car wasn't financed at 18.6%
              intrest.  I haven't bought a fridge so I can't comment there.
              \_ If you're paying 18.6% interest on anything then you've
                 got issues. My CC is 3.9% right now. Sorry you have such
                 a shitty TV.
                 \_ I bet your 3.9 CC has a gotcha you don't think about.
                    Oh and I spent that money I saved on a tv on things
                    that matter.  I'm sorry you think a tv is that important.
                 \_ how did you get 3.9%?  Is it a temporary rate?
                    \_ No. 3.9% fixed. I was offered it so I took it.
              \_ I bought a refrigerator recently: $750.
                 \_ Sorry you have such a shitty refrigerator.
        \_ Ever thought that she left him because of his lack of financial
           savviness (i.e., cannot save any money) rather than the simple
           fact that he is currently in debt?  Being temporarily in debt
           is OK but he should have a solid plan to get out of it.  Most
           girls would have been OK with that.
        \_ I don't think anyone said that money doesn't matter. I know
           that I said that no one, or almost no one, marries for money
           only. I said, and still believe, that money is only part
           of the package. If you don't think that tall, handsome,
           smart, well-spoken, poor men can't find love, I'd like
           to know what planet you are from.
           \_ You say that. Jay-Z sez "Money Cash Hos". He has more of all
              three than you so he wins as far as I'm concerned.
        \_ isn't mortgage a loan? And if I have a big house, I have a big
           debt hence no gals would like me? Your logic fails.
           \_ There's good debt and bad debt. CC = bad, house = OK. Compare
              how much a house appreciates in value over time compared to
              your car, refrigerator, tv, etc.
              \_ Yeah. Look at margin accounts. Good debt. Appreciates
                 over time... uh oh.