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uchiha101

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Journal Comments posted by uchiha101

    uchiha101

    Posted

    6 minutes ago, jaybuck43 said:

    Maybe he's not tracking his purchase price because he feels so bad about all the assistance he's taken from various groups etc. that he's going to pay taxes on the full sale price not just on the profit. I know. I know. It sounds crazy, but anyone who follows the gold thread knows I suffered a pretty significant head injury this afternoon lol 

    That's not how things work. What assistance from various groups? It's only been social assistance 

    uchiha101

    Posted

    3 minutes ago, revat said:

    Ok, so you admitted you DIDN'T track how much money you put into crypto, BUT YOU ARE SAYING I shouldn't assume its because you had no intention of paying taxes on profits, which means YOU DID PLAN ON PAYING TAXES ON PROFITS, but somehow didn't know you needed to track your starting prices to calculate your profits? 

     

     

    I've said this before. I don't calculate things until I need to. I already asked if I would get a penalty for it and I was told I wouldn't. The only thing I would owe is the money for having my taxes done. I don't actually make enough to owe the government anything, if I did get taxed anything, because I'm a low income earner it would be refunded back to me.

    uchiha101

    Posted

    1 hour ago, NoMan said:

    Ummm....I just kinda got here but I guess it's ok to give advice or whatever because the journal idea here is that you're making your private life public and for requested input?

    Ok, so the idea of learning a trade is the ticket. Find a tradesmen in your area and offer to carry his tools for free to learn. Show up early. If you're not 1/2 hour early, you're late. Do the work no one else wants to do.

    If you do this for six months your life will become radically different.

    There is no get rich. There is just hard work. Unless you're born into wealth. And it seems you're not. 

    When you shut your mouth and just do instead of running your mouth, your life will become radically different. 

    And that means respect. You'll get that now.

    And that means money. And you'll get that now.

    And that means babes (please do not get the babes pregnant at this time, if ever. Use birth control) and comics.

    Trust me. Please. 

    :preach:

    Like I told my dad and others. I don't want trades or to learn one is that clear? I believe in working hard and smarter not just working hard.

    uchiha101

    Posted

    2 hours ago, revat said:

    I know that CURRENTLY its hard for the government to monitor, but you do know that legally you are required to report and pay taxes on any profit you made from crypto right?  So you had ZERO problem collecting public assistance from the Canadian government, but you couldn't do the bare minimum (and track like what 20 or less transactions) to ensure you are paying your due to the government?  And the fact that you don't know how you put into crypto means YOU NEVER HAD ANY INTENTION OF PAYING ANY TAXES ON THE PROFIT YOU MADE to the Canadian government. 

    Do better, pay what you owe.  And I have no idea if the marriage is real or virtual, or something else entirely, but please don't have any kids, real or otherwise.

     

     

    Don't assume what you believe I am or am not thinking. You're 100% wrong about the crypto, about the taxes, and as for kids I don't want them at all, thanks.

    uchiha101

    Posted

    20 hours ago, ExNihilo said:

    Apologies in advance if I misinterpreted anything.  I read most, skimmed the rest.  12 pages is a lot and some of us have work.

    I will start by saying there's nothing wrong with staying at home.  In the US, we culturally make fun of people who don't move out soon after college.  I've found that this same "friendly ribbing" occurs less frequently in other countries and that it is often widely accepted to live at home with your parents (at least longer than it would be in the US).  Your unfortunate circumstance is that your parents are unable to support you, let alone themselves.  Under normal circumstances, if you are working a steady job and saving towards your own place, then others will accept you living at home because there is a firm end goal that is established.  However, if you bring nothing to the table financially, you're basically living off your parents during a period in your life where you should be padding your bank account to eventually support them.

    That said, I'm trying to get a better understanding of your financial situation.  Several questions:

    1) In 2018, did you work at an actual place of employment with consistent paychecks?  If so, how long were you employed and how much were you making per month?

    2) The larger bulk of your money (or at least a larger part of the discussion) has been the money you make in your "business" (selling comics, video games, and other assorted hobby items.)  In 2018, what was your average profit per month from your "business"?  How much time per month is devoted to your "business"?

    I get the sense you don't fully understand the bank/credit system.  You state that the interest rate on the card doesn't apply anymore.  Then state you're being charged daily for interest.  The interest rate does in fact matter.  26% is the APR (annual percentage rate) which means on a daily basis, your total balance is being charged 0.07% (26% APR/365 days= 0.07%).  If you multiply that by $2800 (the balance on your credit card last you checked), you arrive at a daily interest fee of $1.99 being tacked on to your account.  Now, you said previously that you tried to ask the bank about it, but they had no record of your account.  This can't be true because if it was, they wouldn't be charging you interest every day.

    Now, you also say you have crypto.  When did you buy and what is it's current value?  World markets have been crushed the last quarter and you need to evaluate your holdings to see if the money can be better used elsewhere.  In this case, is it better to hold the crypto or to pay off the debt and avoid anymore fees?  The answer is, if you are confident that crypto will garner returns in excess of 26%, then that's the way to go.  If not, then you're better off paying off your debt.  Here's the thing, markets are unpredictable.  There is no way you can say with 100% certainty that crypto will yield you those returns.  And that's before I even look at the metrics of cryptocurrency.  By all accounts you should be funneling as much money as possible to pay off the debt.  That level of interest is not sustainable for you in your current position.

    I've got more to say, but some of it is dependent on answers to my questions above.

    My parents, I'm not sure what their exact situation is now but with the fact being that my dad still has the injury I'm sure the situation has gotten worse. I don't like my parents at all it's not a secret. 

    1.) In 2018 I worked at two places if I exclude myself and that was about three months of the year and I was making about 1000-1500 per month. Working for myself for 10 months I was making 600-800 per month.

    2.) I'm not sure what the numbers are for that because that's not how I calculate things, I just calculate how much I bought the item for, sold it, and then I total everything at the end.

    3.) Well since the amount is with collections they're the ones charging me daily interest and they made SURE to tell me it was $1.30 per day and what I would do to get it paid off. I tried getting the credit card info from my the ATM but it just that information is no longer available. 

    4.) I don't know everything is from different dates and times so I'm gonna get the answer in tax time. But I am certain my crypto can make me more than 26%, in fact, the reason I came back is that the crypto market is in a huge correction and since comics is something I know I can sell comics to buy more crypto. I don't see a reason to pay off my debt yet because honestly, I see debt as a black hole which will make you do nothing but lose money. I rather put that money towards something that will make me gain money not lose it .

    uchiha101

    Posted

    21 hours ago, Wall-Crawler said:

    How does the interest rate not apply anymore? As minimum payments go by unpaid, the debt gets larger and are you not then paying interest on the higher debt load?   Even if what you say is true ($1.30 every day) you are looking at approximately $500 interest added onto your debt load per year, but I suspect it is more than that. 

    If your case worker and everyone here is telling you to start or figure out a way to start paying it, maybe you should take that advice.

    Yes, I mean the fact that you don't have a regular source of income. 

    Now you reveal one of the reasons why you stopped selling was that you didn't have enough money to ship things?  Dude, if you can't afford to ship things (don't buyers pay shipping), you are clearly doing this wrong and need a J-O-B.

    You need to realize you cannot "compartmentalize" your financial life. It does not work that way. The banks, creditors, landlords, prospective employers, heck your prospective buyers and consignors are not going to trust a guy like you or give a rats arse if your "up" $5 in crypto but you are in debt, have no job or means to support yourself and giving a big "FU" to institutions you signed a legal agreement with because YOU feel slighted/wronged.

    You seem to blame a lot of people for your problems, both your employers, financial institutions, your parents...I don't doubt that you have issues that are contributing to your woes but I also get the sense you would be very difficult to manage, maybe that is part of your issues. I don't know.  I think everyone here would be happier to hear about what you are trying to do to better yourself, looking into what mental health resources you can potentially access, your journey to seek help and become self-sufficient instead of your dealings in crypto, comics and online sex games with your zombie wife.

    It is true because I had calls from the collections guys every day and until I finally answered them they told me what was going on.

    Well, I never said I would never pay off any of my debts.

    Buyers pay to ship but that still comes out of my pocket and I need to pay for it to be shipped. And why can't I compartmentalize things in my financial life? It's a good way of breaking things down and seeing a visual representation of what I need to improve on and fix. 

    I have been changing a lot whether you believe that or not, I don't say or do things without reason and haven't been for a while. Do you think I'm lying about any of what I have said? I'm not doing this for pity or to impress any of you, it's my journal so people see my journey. Honestly, I think it's perfect because it will show people all the work that goes behind everything. Also, my plan for this year is written down on this journal so you can go check it and no my wife isn't a zombie.

     

    uchiha101

    Posted

    On 1/17/2019 at 2:27 PM, thehumantorch said:

    The token amount you pay for rent and whatever food you bring to the table may be meaningful contributions in your mind but hardly compensate your parents for the joy of taking care of you.  Welfare won't come close to paying real rent and all the other associated costs of living so calling you a freeloader is at least partially accurate.  Move out on your own and pay all the expenses and prove me wrong.

    Clearly your parents have struggled with your issues, as have you, for your entire life, and clearly they're tired of it.  It's absolutely clear that you don't appreciate their help, make no mistake Gabe they're helping you now and they've helped you all your life, and you're angry and hostile towards them.

    Let's clear a few things up. It's not a token amount but the cheapest going rate for a room and yes I've been checking. As for my parents, you have no idea how they treat me so don't begin to speak of them as you do. I know what they have done for me in the past and I'm thankful but they're terrible people.

    uchiha101

    Posted

    2 hours ago, Wall-Crawler said:

    What is the interest rate on the card? You know that debt is growing bigger with each missed minimum payment right?

    Have you told your case worker about your refusal to pay this debt? I bet they would have some thoughts on that.

    You need to calculate your overall financial well being you can't say "oh I made $30 profit selling comics/video games" and think you are "ahead" if other aspects of your financial status are in the toilet.

    If my buying and selling activities were causing additional hardships  in my life, I'd be cutting my losses and figuring out a real sustainable way to claw myself out whether it would be actively and continuing to get help for my personal issues and getting a job that while I may not love will afford me some stability.

    The interest rate on the card doesn't apply anymore but it used to be 26%. I now get charged $1.30 every day in interest. 

    Yes, I have told my case worker my situation many times and I had nothing to hide. They said they didn't recommend it but it's my choice.

    Can you explain overall financial well being or are you just talking about the fact that I'm in debt with no job yet? 

    Hmmm, two of the reasons that I've taken a break from selling my stuff was 1. I didn't have enough money to ship things so I just sold what I could locally. 2. I moved over to cryptocurrency. If it would cause me any hardship I wouldn't be doing it. 

    One of the things I want to do is go to my caseworker and tell them again to send that doctor so that I can once and for all know what I have and get disability and finally be off social assistance. With disability, they will evaluate me again to see if I'm fit for a job or not, doctors will now take me seriously when I tell them things, and I will now have access to a lot more programs to help me since I won't be stuck in limbo anymore. 

    I can't tell you how much I hate that employers have lied to me to cover their asses. When I get interviews I tell the employers what's wrong with me and they say it's ok. Later on, in the end of firing me because my disability keeps messing things up. It hasn't happened many times but it's happened on three occasions. I would rather have them be honest with me than lie. I know that if they said they fired me because of my disability they could get into legal trouble. Btw for those wondering what the paper I take to my employers is a description of the symptoms of what I have and it's signed off by my caseworker and the professional that tested me in college

    uchiha101

    Posted

    9 hours ago, SECollector said:

    This journal keeps being on the first page, and even though I really don't agree with it even been allowed being what it is in a forum like this, I have been reading the last pages but didn't want to write anything.

    However, being a psychiatrist, I just want to give my 2 cents about this, since this is not really the case any more. ADHD, dyslexia and intellectual disability can easily be examined and diagnosed nowadays in adults. All it takes is an experienced team consisting of a psychiatrist and a psychologist, a couple of tests, a good clinical examination and a thorough history taking and here you have it. It's really not rocket science. ADHD in adults is nothing more than a number of specific criteria consisting of core symptoms that have been present from school age throughout adulthood that cause a significant clinical impairment in at least two different settings (social life, work, school etc). Similar impairments can be caused by even mild intellectual disability or autism spectrum disorders, but they are different conditions (that can however co-exist). 

    I am not saying that any of these is the case here - that would be absurd to say as a professional - but I do insist that such an assessment is not rocket science and it would take an extreme case to have 50 different doctors rubbing their heads.

    Well, my parents told me they would take me to doctors and professionals of all sorts when I was younger to see what was wrong with me because obviously there was and is. Like I said the closest person to my knowledge was the professional that tested me in college told me it's a learning disorder and gave me the symptoms. She didn't specify what my condition was and not only did that frustrate me because I finally thought I would find out but that I also couldn't apply for disability because it's almost like limbo state.