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What to do with 2500?

Blogs > plbro81
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plbro81
Profile Blog Joined November 2010
117 Posts
May 16 2011 03:58 GMT
#1
I am going to be getting a $2500 stipend from my university. What would you guys do with that? I'm thinking about giving like 500 to my brother, buying my mom something, and buying a solid state drive for my computer. What would you guys suggest I do with that money? Spend half and save the rest? I'm afraid if I don't spend the money on something worthwhile, I'll waste it on sushi or something (happened last semester lol).

I was thinking about perhaps tinting the wiindows of my car or something. Maybe get rims for it.

Chairman Ray
Profile Blog Joined December 2009
United States11903 Posts
May 16 2011 04:00 GMT
#2
But the solid state drive, and put the rest in the bank.
EtherealDeath
Profile Blog Joined July 2007
United States8366 Posts
Last Edited: 2011-05-16 04:05:00
May 16 2011 04:04 GMT
#3
Why are you trying to spend half of it in one day again? (sushi not good reason :O)
Megaliskuu
Profile Blog Joined October 2010
United States5123 Posts
May 16 2011 04:05 GMT
#4
Nigga get some 22's for yo car
|BW>Everything|Add me on star2 KR server TheMuTaL.675 for practice games :)|NEX clan| https://www.dotabuff.com/players/183104694
ReketSomething
Profile Blog Joined November 2008
United States6012 Posts
May 16 2011 04:09 GMT
#5
I would save all of it. Money isn't always that easy to come by =/
Jaedong :3
daz
Profile Blog Joined May 2008
Canada643 Posts
May 16 2011 04:13 GMT
#6
hookers n blow
Some eat to remember, some smash to forget. 2009msl.com
RedJustice
Profile Blog Joined February 2011
United States1004 Posts
May 16 2011 04:19 GMT
#7
I get a stipend like that from my university. I would hold on to it. You will probably need it throughout the year for things like a doctor's visit/medication/travel/groceries/textbooks. If you really want that SSD, get it, but don't blow the rest. I also work a job during the school year, but that is not enough to cover big surprise expenses.

Of course, some people have a hard time holding on to money and be disciplined about how they spend it over time. If you know you will only waste it on sushi if you save it, decide which big expenses you have been looking at are legit needs or serious wants (not just a whim), and spend it now.
Mickey
Profile Blog Joined July 2005
United States2606 Posts
May 16 2011 04:21 GMT
#8
Do what you stated you wanted to do, and put everything else in the bank. You'll thank yourself later on.
MetalMarine
Profile Joined June 2007
United States1559 Posts
May 16 2011 04:21 GMT
#9
On May 16 2011 13:05 Megaliskuu wrote:
Nigga get some 22's for yo car


AHHAAHHA!! brilliant

To OP: I like how you're giving money to your bro and mom, very cool thing to do. As for the money left over, why not save it? Just because you have money doesn't mean you have to spend it, saving it for a rainy day is always a good thing, trust me on that
Essentia
Profile Joined July 2010
1150 Posts
May 16 2011 04:25 GMT
#10
buy gold
Mastermind
Profile Blog Joined April 2008
Canada7096 Posts
May 16 2011 04:28 GMT
#11
On May 16 2011 13:13 daz wrote:
hookers n blow

this is what i would do
phosphorylation
Profile Blog Joined July 2009
United States2935 Posts
May 16 2011 04:33 GMT
#12
learn investing and invest it

seroisuly
Buy prints of my photographs at Redbubble -> http://www.redbubble.com/people/shoenberg3
Sc1pio
Profile Blog Joined August 2009
United States823 Posts
May 16 2011 04:33 GMT
#13
On May 16 2011 13:13 daz wrote:
hookers n blow


Thirding this idea.
"In the beginner's mind there are many possibilities, in the expert's there are few. " -Shunro Suzuki | fortuna fortes adiuvat
echO [W]
Profile Joined July 2010
United States1495 Posts
May 16 2011 04:34 GMT
#14
Save it.
"Or a school bus over a bunch of kids" - Tasteless --- “A man's errors are his portals of discovery.” - James Joyce
ClanOverdosed
Profile Blog Joined March 2009
691 Posts
May 16 2011 04:44 GMT
#15
Host a SC2 tournament with all your favorite gosus!
Overdosed--www.overdosed.net
Spiffeh
Profile Joined May 2010
United States830 Posts
May 16 2011 04:45 GMT
#16
Save most of it.
mardi
Profile Blog Joined August 2010
United States1164 Posts
May 16 2011 04:59 GMT
#17
If I was in your situation, I'd definitely pay off some student loans and then use whatever money left over (in my case none), and buy some audio equipment. Probably a stage piano and a synthesizer, but thats just me. Realistically, I would save the money by putting it in a CD.
Bill Murray
Profile Blog Joined October 2009
United States9292 Posts
May 16 2011 05:30 GMT
#18
sponsor a tournament for SC or SC2
University of Kentucky Basketball #1
29 fps
Profile Blog Joined March 2008
United States5724 Posts
May 16 2011 05:38 GMT
#19
On May 16 2011 14:30 Bill Murray wrote:
sponsor a tournament for SC or SC2


i was just about to suggest this! the plbro81 starcraft tournament
4v4 is a battle of who has the better computer.
Gatsbi
Profile Joined April 2010
United States1134 Posts
May 16 2011 05:41 GMT
#20
buy a sick suit
"IF WHAT YOU DO NOT KNOW IS MORE THAN WHAT YOU HAVE KNOWN. THEN YOU HAVE NOT KNOWN ANYTHINIG YET." - Rev Kojo Smith
nayumi
Profile Blog Joined May 2009
Australia6499 Posts
May 16 2011 06:17 GMT
#21
SUIT UP!
Sugoi monogatari onii-chan!
BloodDrunK
Profile Blog Joined August 2009
Bangladesh2767 Posts
May 16 2011 06:32 GMT
#22
On May 16 2011 15:17 nayumi wrote:
SUIT UP!


TRUE STORY!
You have the power to create your own destiny.
DONTPANIC
Profile Blog Joined October 2010
United States340 Posts
May 16 2011 06:50 GMT
#23
Start an IRA through vanguard. Don't buy junk you don't need. gifts are nice but if you start an ira you'll be amazed at what it can grow to. Mine started wo 2k and with only 75$ every 2 weeks its up to 15k.
The universe is big. Really big.
Spoke
Profile Blog Joined July 2010
Germany105 Posts
May 16 2011 14:00 GMT
#24
Step 1: Drive to the nearest Casino.
Step 2: 2500 on black.
Step 3: Make a Blog about what to do with 5000.


Repeat.
EG.IdrA - "Immortal / Roach is pretty good against stalkers."
Vuistgevecht
Profile Joined August 2010
Netherlands77 Posts
May 16 2011 14:35 GMT
#25
Its weird to me how lots of people think they have to spend money the moment they get it

you should just save it or buy something you really need
LaSt)ChAnCe
Profile Blog Joined June 2005
United States2179 Posts
May 16 2011 15:06 GMT
#26
save it
Thrill
Profile Blog Joined May 2007
2599 Posts
May 16 2011 15:20 GMT
#27
Go to the office of the issuer, burn the cheque, spit on the ground and say you dun need no white people's money.
Zapdos_Smithh
Profile Blog Joined October 2008
Canada2620 Posts
May 16 2011 15:27 GMT
#28
If you can't decide what to do, just give it to me.
drooL
Profile Blog Joined May 2010
United Kingdom2108 Posts
May 16 2011 15:35 GMT
#29
sponsor a starcraft showmatch PM me for more :p
@nowSimon
Gann1
Profile Joined July 2009
United States1575 Posts
May 16 2011 15:39 GMT
#30
On May 16 2011 14:38 29 fps wrote:
Show nested quote +
On May 16 2011 14:30 Bill Murray wrote:
sponsor a tournament for SC or SC2


i was just about to suggest this! the plbro81 starcraft tournament


Make sure you call it this.
I drop suckas like Plinko
MinoMino
Profile Blog Joined April 2010
Norway1103 Posts
May 16 2011 15:41 GMT
#31
Treat yourself with a nice sushi meal, and save the rest.

+ Show Spoiler +
On May 16 2011 23:00 Spoke wrote:
Step 1: Drive to the nearest Casino.
Step 2: 2500 on black.
Step 3: Make a Blog about what to do with 5000.


Repeat.

This is a good suggestion too.
Blah.
Sjk0
Profile Blog Joined April 2011
United Kingdom15 Posts
May 16 2011 16:56 GMT
#32
hookers, drugs, booze.
felizuno
Profile Blog Joined May 2010
United States164 Posts
May 16 2011 17:32 GMT
#33
SAVE IT!

1) You could be that much closer to a down payment on a mortgage (renting is throwing money away)
2) You might not get a job for a while after graduation, you could use this money to avoid moving back in with your mom
3) Invest it- why spend a $1 today that could have been $1.25 tomorrow?

or buy this
Fundamentals are the crutch of the talentless
plbro81
Profile Blog Joined November 2010
117 Posts
May 16 2011 19:47 GMT
#34
ok ok, i think i should save it. thx haha. what are some good ways to invest the money?
Torte de Lini
Profile Blog Joined September 2010
Germany38463 Posts
May 16 2011 22:03 GMT
#35
On May 16 2011 23:00 Spoke wrote:
Step 1: Drive to the nearest Casino.
Step 2: 2500 on black.
Step 3: Make a Blog about what to do with 5000.


Repeat.


I support this! However, a blog equal to the idea of why did he spend it all on blackjack would be just as intriguing.
https://twitter.com/#!/TorteDeLini (@TorteDeLini)
Disregard
Profile Blog Joined March 2007
China10252 Posts
May 16 2011 22:23 GMT
#36
Gamble it on mutual funds.
"If I had to take a drug in order to be free, I'm screwed. Freedom exists in the mind, otherwise it doesn't exist."
mlee
Profile Joined March 2009
United States116 Posts
May 17 2011 00:37 GMT
#37
On May 17 2011 07:23 Disregard wrote:
Gamble it on penny stocks.


Fixed.
hmmm
FragKrag
Profile Blog Joined September 2007
United States11552 Posts
May 17 2011 00:43 GMT
#38
get 2500 ones and swim in it
*TL CJ Entusman #40* "like scissors does anything to paper except MAKE IT MORE NUMEROUS" -paper
MetalMarine
Profile Joined June 2007
United States1559 Posts
May 17 2011 02:07 GMT
#39
On May 17 2011 09:43 FragKrag wrote:
get 2500 ones and swim in it


Hmmmmmmmm I recently just got $4600 from my school... and I like this idea.....
Torenhire
Profile Blog Joined April 2009
United States11681 Posts
May 17 2011 02:10 GMT
#40
On May 17 2011 07:03 Torte de Lini wrote:
Show nested quote +
On May 16 2011 23:00 Spoke wrote:
Step 1: Drive to the nearest Casino.
Step 2: 2500 on black.
Step 3: Make a Blog about what to do with 5000.


Repeat.


I support this! However, a blog equal to the idea of why did he spend it all on blackjack would be just as intriguing.


I'm tired so I might be overlooking a joke here...but he means roulette, not blackjack.
SirJolt: Well maybe if you weren't so big and stupid, it wouldn't have hit you.
Hurricane
Profile Blog Joined October 2006
United States3939 Posts
May 17 2011 02:23 GMT
#41
Roulette is the only true way to gamble.

Craps is a close second.
RIP CHARLIEMURPHY 11/25/10 NEVER FORGET | Hurricane#1183 @ B.net
Dalguno
Profile Blog Joined January 2011
United States2446 Posts
May 17 2011 02:59 GMT
#42
Take your mom and brother out to a nice sushi dinner, and save the rest.
"I'm gonna keep making drones cause I'm a baller, and ballers make drones." -Snute
iloahz
Profile Blog Joined March 2007
United States964 Posts
May 17 2011 03:16 GMT
#43
why is everyone suggesting eating sushi...?
Kezzer
Profile Blog Joined December 2008
United States1268 Posts
May 17 2011 03:17 GMT
#44
put about $15 in the bank and spend the rest on sushi
Pawsom
Profile Blog Joined February 2009
United States928 Posts
May 17 2011 03:32 GMT
#45
On May 17 2011 12:16 iloahz wrote:
why is everyone suggesting eating sushi...?


Because he mentioned getting sushi in the OP, and a sushi dinner sounds like a fair reward for oneself.

That being said. SAVE IT. (Unless you have credit card debt, pay that asap). Do you have student loans? You'll need the money in the future. Even if you don't have loans, an extra two grand cash you ahve towards a car or house purchase is significant.
heishe
Profile Blog Joined June 2009
Germany2284 Posts
Last Edited: 2011-05-17 04:47:10
May 17 2011 04:46 GMT
#46
Run a $2500 Starcraft tournament (BW or SC2 of your choice).

edit: seems like im not the only one with the idea, lol.
If you value your soul, never look into the eye of a horse. Your soul will forever be lost in the void of the horse.
plbro81
Profile Blog Joined November 2010
117 Posts
May 17 2011 15:29 GMT
#47
The plbro81 starcraft tournament hahah
elmizzt
Profile Joined February 2010
United States3309 Posts
May 17 2011 15:47 GMT
#48
$2500 worth of sushi is what I would want to do...mmmm sushi...
d=(^_^)z
Zlasher
Profile Blog Joined February 2010
United States9129 Posts
May 17 2011 15:56 GMT
#49
Don't put it in a bank, you get shit for interest.

Open up a Roth IRA account with a brokerage and then invest it into bonds at the very least, which are small next-to-guaranteed percentage income thats higher than any bank will ever give, maybe 3% or so. Or you can find ETF's which grow at a steady rate, much higher than bonds, and you can just invest it into the stock and leave it there, or go ballsier and invest it into a growing company which can net you 30-100% gain in a year.

An account like an IRA account, you can't just withdraw the money whenever though, its like a retirement fund of sorts, but there are ways you can take the money out, ie: to pay off student loan debt, among a few other reasons (you can google "How to withdraw from Roth account without penalty") but you can really make a lot of money doing this, isntead of having it sit in a bank with no interest gain whatsoever.
Follow me: www.twitter.com/zlasher
BenBuford
Profile Blog Joined December 2010
Denmark307 Posts
May 17 2011 16:23 GMT
#50
On May 16 2011 13:33 phosphorylation wrote:
learn investing and invest it

seroisuly


But Day-9 taught us to spend, spend, spend \o/
BenBuford on twitter.
Spoke
Profile Blog Joined July 2010
Germany105 Posts
May 17 2011 19:56 GMT
#51
On May 18 2011 01:23 BenBuford wrote:
Show nested quote +
On May 16 2011 13:33 phosphorylation wrote:
learn investing and invest it

seroisuly


But Day-9 taught us to spend, spend, spend \o/


LOL...Always keep your money low! Nice one.
EG.IdrA - "Immortal / Roach is pretty good against stalkers."
Kutsuki
Profile Joined April 2010
United States29 Posts
May 17 2011 20:09 GMT
#52
1. Pay off loans or debt with interest.
2. Save it for a down payment towards your new home (20% recommended).
3. If you own a house, buy these stocks as of today 5/17/2011: VNDA, MAS, and/or KBH watch money grow.
My better is better than your better
Chef
Profile Blog Joined August 2005
10810 Posts
May 17 2011 20:13 GMT
#53
Buy me sushi.
LEGEND!! LEGEND!!
Djzapz
Profile Blog Joined August 2009
Canada10681 Posts
May 17 2011 21:08 GMT
#54
Don't give money to your brother, why would you do that!

Buy a SSD and save the rest. Maybe buy a little something for your mother. You don't make enough money to spoil your family yet!
"My incompetence with power tools had been increasing exponentially over the course of 20 years spent inhaling experimental oven cleaners"
FragKrag
Profile Blog Joined September 2007
United States11552 Posts
May 17 2011 23:24 GMT
#55
i would suggest not getting a ssd
*TL CJ Entusman #40* "like scissors does anything to paper except MAKE IT MORE NUMEROUS" -paper
plbro81
Profile Blog Joined November 2010
117 Posts
May 17 2011 23:31 GMT
#56
On May 18 2011 06:08 Djzapz wrote:
Don't give money to your brother, why would you do that!

Buy a SSD and save the rest. Maybe buy a little something for your mother. You don't make enough money to spoil your family yet!


hes my twin brother though!
Zlasher
Profile Blog Joined February 2010
United States9129 Posts
May 18 2011 00:10 GMT
#57
On May 18 2011 08:24 FragKrag wrote:
i would suggest not getting a ssd


Agreed, the half second you save booting up SC2 won't matter, plus prices for hardware like SSD's will come crashing down in the coming months or years.
Follow me: www.twitter.com/zlasher
Zlasher
Profile Blog Joined February 2010
United States9129 Posts
Last Edited: 2011-05-18 00:17:13
May 18 2011 00:14 GMT
#58
On May 18 2011 05:09 Kutsuki wrote:
1. Pay off loans or debt with interest.
2. Save it for a down payment towards your new home (20% recommended).
3. If you own a house, buy these stocks as of today 5/17/2011: VNDA, MAS, and/or KBH watch money grow.


http://finance.yahoo.com/echarts?s=EWZ Interactive#chart7:symbol=ewz;range=1y;compare=vnda mas kbh aapl fxi;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Red, Dark Green, and Yellow are yours. iShares/ETF's are the way to go.
Follow me: www.twitter.com/zlasher
obesechicken13
Profile Blog Joined July 2008
United States10467 Posts
May 18 2011 03:58 GMT
#59
How did you manage to spend anywhere on the order of $2500 on Sushi? I know the servings for sushi are small and expensive, but that should only be $10 a meal. Then if you eat two meals a day, for 5 days a week, that's 100$ a week. You would have to eat sushi five meals a week, twice a day, for 25 weeks!

(Just don't do anything stupid with it, spending some money on sushi once in a while isn't as big a deal as blowing it all on a big screen TV).
I think in our modern age technology has evolved to become more addictive. The things that don't give us pleasure aren't used as much. Work was never meant to be fun, but doing it makes us happier in the long run.
Grobyc
Profile Blog Joined June 2008
Canada18410 Posts
May 18 2011 04:13 GMT
#60
On May 18 2011 01:23 BenBuford wrote:
Show nested quote +
On May 16 2011 13:33 phosphorylation wrote:
learn investing and invest it

seroisuly


But Day-9 taught us to spend, spend, spend \o/

Well played sir.
If you watch Godzilla backwards it's about a benevolent lizard who helps rebuild a city and then moonwalks into the ocean.
Kutsuki
Profile Joined April 2010
United States29 Posts
May 18 2011 13:57 GMT
#61
On May 18 2011 09:14 Zlasher wrote:
Show nested quote +
On May 18 2011 05:09 Kutsuki wrote:
1. Pay off loans or debt with interest.
2. Save it for a down payment towards your new home (20% recommended).
3. If you own a house, buy these stocks as of today 5/17/2011: VNDA, MAS, and/or KBH watch money grow.


http://finance.yahoo.com/echarts?s=EWZ Interactive#chart7:symbol=ewz;range=1y;compare=vnda mas kbh aapl fxi;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Red, Dark Green, and Yellow are yours. iShares/ETF's are the way to go.


I agree with Zlasher, I should of suggested ETF's to begin with. ETF's are funds that don't really need much managing on your end. All you have to do is put money in and collect points. However, if you do want to dabble into the stock market by picking your own stocks, you could begin with some of the stocks I suggested, stocks will require more management than ETFs.

If you decide to go the ETF route, I would suggest:
IXJ, VDC, IJH

If you go stocks, remember it's about picking stocks you feel are fairly valued. Pick discounted stocks such as Apple AAPL which is currently selling 338 but worth 450 and not overpriced stocks such as Netflix NFLX which is selling at 239 but worth 100. As of today 5/18/2011: I still like VNDA, MAS, and/or KBH.
My better is better than your better
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