A couple of years ago my mother sold a domain name she had for $35,000. She had a part time job teaching psychology at the time, and she decided to quit that job and move to the other side of the country with her boyfriend (now husband). Well, since they didn’t have any teaching positions in Pennsylvania, she lived off of that money for a year until the funds ran dry. She and her husband are employed now, but when I think about…
ARGH! YOU WASTED THIRTY FIVE GRAND! You could have invested it! For example, if she had invested it in the RJ Reynolds Tobacco company, you’d be getting a handsome quarterly dividend that you could almost live off of! I’m no money expert, but I figure that since it’s got a 9.37 percent yield, she’d be getting $3, 279 every quarter, and $13,118 every year*! If you kept your teaching position in Oregon, you’d be living high off the hog! WTF?
*footnote: I’m not sure if that’s accurate, but what the hell, she still could have put the money to better use, even if my hypothetical scenerio about living high off the hog from Big Tobacco doesn’t hold true.
I realize this. But when I think about what she could have done with those funds, it seems like such a waste of opportunity.
Just a spur of the moment rambling, probably baseless if I examine all aspects of the situation.
No, she’s doing all right now. She’s going to quit her counseling job to start teaching again.
I’m just saying her money could have gone a lot further than she used it for, and she could have used it to provide for my little brother and sister better or whatever.
Consult me? I didn’t ask her to move away with some high school drop out who is 10 years younger than her. In the words of the Time Cube guy, she is Educated Stupid.
I didn’t mean for my first response to sound as harsh as it did.
I am happy for your mother getting a chance to have some fun with her money while she’s still young enough to enjoy it, though. I wish I could afford to do the same thing.
Oh pish tosh, I’m going to college next year, and I need MONEY to pay for it. She is less able to provide money than she could have. Yeah I’m greedy because I don’t want to slave away flipping dead cow parts full time to pay for tuition. Any more questions?
My dad pissed away the money from his business even more foolishly. But that’s another rant.
I’m glad I wasn’t the only one who doesn’t really sympathize. Or empathize.
“Oh pish tosh, I’m going to college next year, and I need MONEY to pay for it.”
Can you go on a grant? Scholarship? How about student loans?
Your mom has exactly zero obligation to spend money educating you once you turned eighteen. She is absolutely entitled to withdraw it in cash, take it out to the back porch, and set it on fire if she pleases. She took a year’s vacation with her windfall. HER WINDFALL. Not yours.
Deal with it. Flip burgers. And then the money you earn will be yours, to do with as YOU please.
Our parents have no obligation to provide us with a college education. NONE. Awww…poor little fella doesn’t want to flip burgers? You know what? It pays the rent, and you can’t be picky when it comes to that. Well, you can, but you might end up living in your car.
It was her money, not yours. You have absolutely no say over how she spends it. I have no say over how my parents spend their money, and I don’t want any. They can pack up and move to Fiji and I can’t say a damn thing about it. It’s theirs, that they’ve worked hard for.
Actually, this is not true. According to the terms of the divorce, she must pay for my college until I am 21 or I get married, whichever comes first, since she was the non-custodial parent.
Maybe you should take finance at college. She would be getting somewhere around $3,279 per year and not per quarter. You also might want to look up the stock ticker RJR and see what the share price performance was during the past couple of years. Sheesh, kid, money doesn’t grow on trees.
Ya, maybe the money could have been put to more productive uses than paying the rent. I’m sure your perspective will change.
Like Community College is a big blow. Do you have any idea how many people can’t even read? And you’re complaining that you have to get a cheaper education for the first two years? That takes some serious gall.
Dude, I wish I could feel anything but scorn for you, but I paid my dues working like a slave for 7 years before I got my opportunity with the Air Force, so I think you’re slime.
Work for a living for one year. Just one. And get some appreciation for how hard it is to get by. Maybe then you’ll understand why I think you’re an asshole.
I think it’s hilarious that she “wasted” the $35,000 on herself, instead of busting her ass to save it for Blalron’s education. I suspect she knew exactly what she was doing.