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Americanjackoff t1_j9thjs4 wrote

Reply to comment by ArtificialOP in Pimco-Owned Office Landlord Defaults on $1.7 Billion Mortgage by downboat

Buy everything you need to for the next 5. Squirrel everything away. A $10 here, a $100 three, a boat or ten owned by your doggies, a business owned by your parrot… and than call up the bank and notify them you are broke because you can not manage money.

Problem solved!

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CSMastermind t1_j9wy4kn wrote

Of all the guys I know who divorced, only one didn't get taken to the cleaners by their ex.

He worked as a bartender, and every night at the end of his shift, he'd put $20 into a box that he never opened or told his wife about. Did it for a decade.

The rest of his tip money covered his living expenses, and the money that hit his account from wages was spent on guns, gold, and rare liquor bottles that he had a side hustle trading in.

He's a disabled vet with a pretty high disability rating so he also had a nice income stream that was untouchable in a divorce proceeding.

His wife was a stripper then later a waitress who spent every dollar she made pretty much as soon as she made it.

Never had a kid with her and when they got divorced he had like $1k in the bank and $5k of credit card debt. They split amicably and decided they didn't have enough assets to divide so went their separate ways.

In reality, he had about $60k cash in the house and guns/gold/spirits worth another $200k.

He's on his second wife now and I'm pretty sure she's unaware as well but at least she's much better with her money and understands the concept of savings.

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ArtificialOP t1_j9tjkii wrote

Do they search your house when you declare bankruptcy?

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Americanjackoff t1_j9tnbj2 wrote

You have a house and are asking us for finically sound advice? Jokes on you! I live in a box underneath a factory beside a river by a swamp… shits fucked, but I get cool water with a green glow to light my shit at night! I haven’t needed drugs from the copious amounts of fumes, and I’m pretty sure I ate my dog… so just knowing you have a house makes me think you know a sit ton more about budgeting than I! Asides, they wouldn’t want to search my shit even if they could find or recognize me!

Signed off, Pickle Rick with pickle Dick.

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HolyAndOblivious t1_j9ty4lm wrote

No. That would be highly illegal! Try not to own the house directly too!

When covid hit I defaulted my CCs, even though I never lost my job. Applied for covid relief and got it refinanced with no interest.

I kept like 10k worth of shit I could not afford.

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ArtificialOP t1_j9uep57 wrote

Shit bro I should’ve done that back when it was available

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HolyAndOblivious t1_j9ufdku wrote

companies got offered free loans and stole those funds. I thought the average WSB poster knew that in advance. When I read that, I went searching for which benefits could I ask and stole those funds too.

If you cant beat em...

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ArtificialOP t1_j9ufxth wrote

People in my hometown were fraudulently getting covid funds and I wanted nothing to do with that and low n behold a few months/years later many are being prosecuted by the feds

I guess I didn’t know how to do it the right way so I just steered clear

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HolyAndOblivious t1_j9ugxk0 wrote

its illegal until microsoft or apple do it. lol. I defaulted on everything and here I am! Inflation doing it's job of erasing my personal debt. I got a 12 month interest free freeze and then an interest free refinance deal on everything. I just have to keep up with this payments for 1 more year and I'm debt free and its literally peanuts that get swallowed by inflation too. Next year I will be paying cents to the dollar.

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Esentially, I owe the same nominal amount of money. Add my pay raise, substract inflation and I made out like a bandit. Fuck you, I got to be the wise guy here.

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