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  #1  
Old 07-10-2005, 02:50 AM
Newt_Buggs Newt_Buggs is offline
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Join Date: Feb 2005
Location: San Diego, the $50s
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Default What do the young ones do with their money?

Obviously Raptor is gunning for a new car, but what about everyone else? Its weird that 18-21 year olds are able to make as much money as they do through poker. What are all of you doing with it though? Now that its summer I'm back living with my parents not even paying rent.....

I think that whoever can make the best blackjack/PaiGow quip deserves a prize.
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  #2  
Old 07-10-2005, 02:54 AM
gildwulf gildwulf is offline
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Join Date: May 2005
Location: 3/6 six-max and $20-50 SNGs
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Default Re: What do the young ones do with their money?

I'm 20 and I live in Montreal. The standard of living here is ridiculous...I spend $700 US a month here including rent and live like a king. More specifically I:

1) take my gf out to nice dinners
2) buy rounds for friends
3) buy expensive computer hardware
4) try and pay for gradschool
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  #3  
Old 07-10-2005, 02:55 AM
Benholio Benholio is offline
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Posts: 238
Default Re: What do the young ones do with their money?

I dunno, but what they SHOULD be doing is working on retirement. Instead of making a car in 20 days, make a down payment on some property. Make some long term investments. $20k invested when you are 18 years old will go a long way when it comes time to retire, at like 25 years old.
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  #4  
Old 07-10-2005, 02:56 AM
Nottom Nottom is offline
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Join Date: Feb 2003
Location: Hokie Country
Posts: 4,030
Default Re: What do the young ones do with their money?

[ QUOTE ]
I dunno, but what they SHOULD be doing is working on retirement. Instead of making a car in 20 days, make a down payment on some property. Make some long term investments. $20k invested when you are 18 years old will go a long way when it comes time to retire, at like 25 years old.

[/ QUOTE ]

Well its not like he can't use the other 345 days of the year to make some money to put away.
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  #5  
Old 07-10-2005, 03:00 AM
gildwulf gildwulf is offline
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Join Date: May 2005
Location: 3/6 six-max and $20-50 SNGs
Posts: 846
Default Re: What do the young ones do with their money?

[ QUOTE ]
I dunno, but what they SHOULD be doing is working on retirement. Instead of making a car in 20 days, make a down payment on some property. Make some long term investments. $20k invested when you are 18 years old will go a long way when it comes time to retire, at like 25 years old.

[/ QUOTE ]

I'm investing in clamps.
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  #6  
Old 07-10-2005, 03:07 AM
curtains curtains is offline
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Join Date: May 2003
Posts: 240
Default Re: What do the young ones do with their money?


I hoard the money and never spend anything basically. I don't need anything anyway.
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  #7  
Old 07-10-2005, 03:14 AM
The4Aces The4Aces is offline
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Default Re: What do the young ones do with their money?

i havent spent anything.
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  #8  
Old 07-10-2005, 03:16 AM
bkbluedevil bkbluedevil is offline
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Join Date: Jun 2005
Posts: 131
Default Re: What do the young ones do with their money?

Paying for college, or trying to.
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  #9  
Old 07-10-2005, 03:26 AM
Newt_Buggs Newt_Buggs is offline
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Join Date: Feb 2005
Location: San Diego, the $50s
Posts: 760
Default Re: What do the young ones do with their money?

[ QUOTE ]
Instead of making a car in 20 days, make a down payment on some property.

[/ QUOTE ]
well at least I'm on my way to doing something right.


[ QUOTE ]
I hoard the money and never spend anything basically. I don't need anything anyway.

[/ QUOTE ]
I think that you're serious, but I'm not sure. Serious or not, this quote fits me perfectly [img]/images/graemlins/cool.gif[/img]. How old are you btw curtains?


I don't think that this thread needs to exclude those outside of my age group.
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  #10  
Old 07-10-2005, 03:54 AM
adanthar adanthar is offline
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Join Date: Apr 2004
Posts: 27
Default Re: What do the young ones do with their money?

I've got 30K banked, 90K in loans and a NYC apartment/job search to pay for starting about a couple of months from now. What money? [img]/images/graemlins/tongue.gif[/img]

I don't spend anything, though, so the real estate will come.
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