What is your financial status? (1 Viewer)

[tom-spin]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

 

[gurmies]

Age: 19.
Money in Bank: $2W,XYZ
Current Assets: 2001 Holden Commodore + $1600 sound system.
Liabilities: HECS I guess...don't know when I have to pay that off.
Job: Casual porter at a hotel (made every last cent from this job).

 

[ZombieApocalypse]

Age: 16
Money in Bank: A little over 5K atm
Current Assets: Nothing
Liabilities: N/A
Job: none.

Edit- actually, now that I think about it, I do have assets. I have a piano+ a pretty big plasma tv in my room

 

[ZombieApocalypse]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

someone's loaded

 

[ClockworkSoldier]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

TRUST FUND BABY!!! Haha.

Mine's updated.

20
Bank = $1,000
Liabilities - The insurance company STILL hasn't sorted out the crash THREE MONTHS AGO.
Assets - Total ~$2,000.
Job - Telemarketing (don't hate me) haha.

 

[powlmao]

TRUST FUND BABY!!! Haha.

Mine's updated.

20
Bank = $1,000
Liabilities - The insurance company STILL hasn't sorted out the crash THREE MONTHS AGO.
Assets - Total ~$2,000.
Job - Telemarketing (don't hate me) haha.

Just don't call my place

Is that kind of job tough?

 

[LightXT]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

I am so jelly...
As for me...
Age : 17
Siblings : 0
Employment Status : Not counted in unemployment statistics
Current Assets : Some textbooks, an electric guitar, some clothes and an iPod Nano.
Savings : $32.04
Inheritance : It's not right to talk about these sort of things

 

[ZombieApocalypse]

I am so jelly...
As for me...
Age : 17
Siblings : 0
Employment Status : Not counted in unemployment statistics
Current Assets : Some textbooks, an electric guitar, some clothes and an iPod Nano.
Savings : $32.04
Inheritance : It's not right to talk about these sort of things

lawl, inheritance
I haven't even thought about that yet

 

[ClockworkSoldier]

Just don't call my place

Is that kind of job tough?

Not where I work. It's fun lol. Everyone who works there is awesome and the people we ring were customers in the past, so they don't have any issues talking to us.

As for inheritance - I don't plan on or expect that I'll be receiving anything from any member of my family. I'm not close enough to my extended family, and my immediate family is poor. So no death money for me!

Meh. Don't care much anyway lol.

 

[iRuler]

Age: 18
Money in bank: $10
Loans: HECS for 1 sem, soon 2
Job: N/A

Well I work with my dad, so dont get paid, and dont really care.

Im so rich

 

[chuha]

Age: 19
Money in Bank: $2*, ***
Liabilities: None
Assets: 3 year old car
Employment: N/A

 

[meilz92]

Age: 18
Money in bank: $10
Loans: HECS for 1 sem, soon 2
Job: N/A

Well I work with my dad, so dont get paid, and dont really care.

Im so rich

Slavery

 

[iRuler]

Slavery

I get whatever I ask for, so nah not really.

 

[aya-chan]

Woah. Some people are so loaded

Age: 18
Bank acount: ~$4,900
HECS: <$5,000
Job: Tutoring, $5k p.a. scholarship.

 

[tom-spin]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

it sucks because i've pretty much lost my motivation to work as hard as i could...i'm lucky (in a bad way)

 

[Drongoski]

That's the irony of life. Your parents/grandparents work hard so their children/grandchildren can have a better life. After they have made it you enjoy a more privilegedr life: bmw vs an old hyundai; private school vs public school; overseas holidays vs working at maccas etc etc. Then if you are dumb your money quickly get used up in all those indulgences of life: a porche, overseas holidays, .. you're not good enough to find a good enough job to support the lifesyle you have grown accustomed to.

Of course not every rich kid ends up this way.

 

[Drongoski]

Age: 16
Money in Bank: $4**,*** (don't have access until I'm 18)
Current Assets: car > 10 years old (BMW i135), wristwatch valued at around $10,000 and a healthy mind
Liabilites: N/A
Job: None.

it sucks because i've pretty much lost my motivation to work as hard as i could...i'm lucky (in a bad way)

If you need someone to manage your finances when you get to 18, pm me. If you are unwise you'd blow your $400k+ in no time flat. But I believe your folks are money-smart - so you will be well-guided provided you are not dumb and think you know better.

Credentials in Money Management: - I've made so many expensive mistakes over the years!

 

[ZombieApocalypse]

Invent that 400k in Harry Potter merchandise

~LIVE 4EVA

 

[powlmao]

Invent that 400k in Harry Potter merchandise

~LIVE 4EVA

I would so do this if i could.

I haven't seen the last Harry Potter movie because when i do my life is complete!

 

[ZombieApocalypse]

Harry Potter is for LIFE.
Invest in anything Harry Potter related, and you'll win in life.