I'm NOT Ballin!!! Who Else Is With Me?

The only things worth the money are property and some cars. Everything else is pretty much bullshit. e.g iPhone containing $150 worth of parts. Expensive clothing is total bullshit, saw a nice winter coat I liked from 'Politix' for $380.. thing wasn't even 100% wool. They can go get fucked.
 


johnmatrix said:
The only things worth the money are property and some cars. Everything else is pretty much bullshit. e.g iPhone containing $150 worth of parts. Expensive clothing is total bullshit, saw a nice winter coat I liked from 'Politix' for $380.. thing wasn't even 100% wool. They can go get fucked.
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An iPhone should be a business expense and tool.
 
The only guy that can get away with flashy stuff is Gucci Mane.

[ame="http://www.youtube.com/watch?v=H6Q4s_ZdvAQ"]YouTube- Broadcast Yourself.[/ame]
 
Only thing I really spend money on is travel, and the places I like doing aren't exactly expensive anyway. A bit on photography gear too.

Don't give a shit about cars etc.
 
If you've got any kind of debt, you should pay that off first. Then decide what kind of investing and reserves you want and don't spend above your plan.

To me freedom has always been 1000x more important to me than bling. So I save, so that I'll never have to work 40+ hours a week for someone else again.

Time and freedom are the biggest luxuries.
 
erect said:
3 cars ... 2 of them are classic benz' - 1/2 million miles between them ... about to pick up a scooter for the fuck of it (truly ballin' I know, but shit, they look fun).

House big enough for me and my lil girl in a great part of town

Bills paid, cash in bank & buried in in the yard. Multiple streams of revenue coming in each month. Diversifying away from traditional networks is the best thing I've done in the past year. My total expenses per month are < mid 4 figures ... easily.

Fuck bling! Vanity is the worst disease WF members suffer from, no doubt. I love you guys, but that's the truth.
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So what's your story, share it with the poor people :D
 
Fucking vanity.

I have personal experience with loved ones in debt because one of them began "balling" and it ended in catastrophe. We're talking about a dramatic, yet temporary income increase lasting 2-3 years. He bought luxury cars, yachts and frittered away thousands on other junk. The profligate spending continued as the income stream was drying up. The ending was like your worst nightmare.

I'm making more money now, but not spending more at all. No matter how much I could ever earn, What Happened To Him is always in back of my mind.
 
A nice, non-flashy BMW and a modest house are all I would care to show off about how much money I bring in. I'm not being paranoid, but the more you show off, the more people notice and want stuff.

A flip side to "ballin" would be to think about how you deal with people and their perceptions. Depending on if you take on clients other than people in the industry, they might think twice about doing business with you if you roll up in a different car each meeting or come by your multi-million dollar house.

Perhaps it's just me, but I do have a few clients that have a great deal of money, and they are the least flashiest people I know. Those who are wealthy tend to be very frugal because they've seen those around them lose it all very fast when times get tough.
 
Oh, just to throw this in... One of my friends was talking to one of his coworkers about shit.. came up on the topic of "you know, a year ago you were so far ahead of me... what happened?".

He drives a jeep with 250,000 miles on it. Has a smaller fishing boat. Lives in a 2400 sqft house.

...what the others don't see is that he owns rental properties all over the USA, high 6/lower 7 figures in the bank, and enjoys his life exactly how it is. If you're happy with what you have, money is just in the bank. That's how I see it.

IM IN UR BANKS, EARNIN' U INTEREST.
 
I'm not a religious fucker at all, but read the old testament and you'll notice why you should save for tough times while it's all good and nice.


Still, travel is worth spending money on IMO. I've met a lot of people while travelling the world and have made some good business contacts in the last year while doing so.


Spending money on stupid expensive shit for the lulz is as dumb as saying you're awesome because you don't spend any money at all. Also, thinking thats something to be proud of is kinda weird too. I'm an incredibly cheap fuck but I set goals and if I reach them, I reward myself.
 
I just keep remembering that by default people can and will find ways to live paycheck to paycheck even if they're rich and famous. In all tiers of income this is the case. Then if you lose your job or some shit happens you're working as a Walmart greeter.

Fuck that. Save bitches.
 
ricdes said:
I'm not a religious fucker at all, but read the old testament and you'll notice why you should save for tough times while it's all good and nice.
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Anybody that tries to tell me to give them 10% of my income, no questions asked is on my ignore list...

I used to go to church when I was a teenager and remember getting a tax statement from the church I was attending (I lived on my own since I was 17). The statement said I gave the church $1,800 over the summer. That was the last time I EVER went to church regularly again, considering I knew the pastor had a private jet, was the president of a church owned bank, and church owned clothing store (http://www.billwinston.org).
 
Soupyone said:
Anybody that tries to tell me to give them 10% of my income, no questions asked is on my ignore list...

I used to go to church when I was a teenager and remember getting a tax statement from the church I was attending (I lived on my own since I was 17). The statement said I gave the church $1,800 over the summer. That was the last time I EVER went to church regularly again, considering I knew the pastor had a private jet, was the president of a church owned bank, and church owned clothing store (http://www.billwinston.org).
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lol wut? I'm not saying give anything to the church. I'm saying that moses saved enough in the 7 fat years to provide for his group during the 7 lean years.
 
ricdes said:
lol wut? I'm not saying give anything to the church. I'm saying that moses saved enough in the 7 fat years to provide for his group during the 7 lean years.
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Moses was also allegedly 120 years old during a time when people were lucky to live past 40, are you really going to use the Septuagint as an example for living any sort of life? Especially if you're not religious?

Not trying to get into a religious debate, just saying... Lord of the Rings has AMAZING allegory as well.
 
FYI dollar bills stashed in the backyard not the best idea, in a time of complete economic collapse money = worthless paper. If its about true security even in the worst of times you should invest in gold bricks.
 
Soupyone said:
Moses was also allegedly 120 years old during a time when people were lucky to live past 40, are you really going to use the Septuagint as an example for living any sort of life? Especially if you're not religious?
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What would a baller in those days have spent money on anyway? A faster, flashier camel or frankincense and myrrh? LOL
 
Soupyone said:
Anybody that tries to tell me to give them 10% of my income, no questions asked is on my ignore list...

I used to go to church when I was a teenager and remember getting a tax statement from the church I was attending (I lived on my own since I was 17). The statement said I gave the church $1,800 over the summer. That was the last time I EVER went to church regularly again, considering I knew the pastor had a private jet, was the president of a church owned bank, and church owned clothing store (http://www.billwinston.org).
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Yeah, that example gives Christians a bad name. I don't mind giving 10% of my income to churches that actually care about the community. That's the entire reason behind tithing - helping the community.

I'm not saying this to get into a religious debate, just putting some perspective on the matter.

God could care less about money, but when you give to the church, they are a direct charity that is suppose to use the money to feed the hungry, clothe the needy, help struggling families make ends meet, etc. After all, who knows who needs charity more than those living in those communities?

By doing that, the churches that actively are involved tend to have thriving communities.
 
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