BucketmouthAngler13 Posted July 31, 2007 Posted July 31, 2007 Got home. Opened envolope. Started drooling. Cashed paycheck for a grand total of $507.87. Got on tackleware house. Ordered one 6'8" med-hvy Powel baitcasting rod, $178.98. Got on cabelas. Ordered Abu Garcia SC baitcasting reel, $91 (on sale $50 bucks off) Got on bike. Went to L&R Sporting Goods. Spent $20 on lures. Payed back my debts to siblings. Took out $50 for tithe. Stashed $100 for a flight for deer hunting in texas. Saved $40 for line replacing that I'll be needing in the next 3 months. Spent $3 on a Co2 tank refill. Spent 25 cents on a cow tail. Spent $2 on Apple Juice to wash it all down. 1 hour later: Total money left over: 62 cents. Results: A rod and reel combo words can"t describe, well fed baitmonkey, hunt for a buck of a lifetime along with all the men in the family, sister no longer threatening to get a lawsuit, Co2 for paintballing fun with friends, and satified thirst. If you ask for my MHO, thats money well spent. Quote
Super User Long Mike Posted July 31, 2007 Super User Posted July 31, 2007 Put the last 62 cents in an IRA and keep doing it. You will be a wealthy man when it comes to retiring. Quote
Super User Long Mike Posted July 31, 2007 Super User Posted July 31, 2007 BTW, I forgot to mention that that new rod/reel combo sounds great. I've heard the Powell rods are some of the finest for the money. Have fun with your new combo, but keep putting money into the IRA. Quote
Daniel My Brother Posted July 31, 2007 Posted July 31, 2007 My first job paid $2.90 an hour. I used my first check to buy a new pair of jeans then took my girlfriend out to dinner. Looking back, I should have bought a fishing pole. :-[ Quote
Super User flechero Posted July 31, 2007 Super User Posted July 31, 2007 Took out $50 for tithe. Glad to see that! Hide and watch the blessings continue to rain in! Put the last 62 cents in an IRA and keep doing it. You will be a wealthy man when it comes to retiring. That's some of the best advice you will get... except next time, buy an IMX. ...lol j/k Quote
Pond-Pro Posted July 31, 2007 Posted July 31, 2007 Sounds great! Gotta love getting paid! That was a nice first paycheck! Mine was like $74. Well enjoy your new rod and real!! Quote
Super User SPEEDBEAD. Posted July 31, 2007 Super User Posted July 31, 2007 Bucket, dont let this one lying around the pond this time.... : Quote
BucketmouthAngler13 Posted July 31, 2007 Author Posted July 31, 2007 Bucket, dont let this one lying around the pond this time.... : lol, I wont let it out of my reach. Quote
Guest the_muddy_man Posted July 31, 2007 Posted July 31, 2007 Next check, open a bank account then put at least 25 bucks in it from each check. Start learning how to save a few bucks, BOY THAT GOES UNDER THE DO AS ISAY NOT AS I DO CATEGORY Quote
gopherbass Posted August 1, 2007 Posted August 1, 2007 Consider putting more than $.62/paycheck in to an IRA, unless you'll be content to retire on $7,000. Quote
bassnleo Posted August 1, 2007 Posted August 1, 2007 I'll never forget my first paycheck. I ran out and bought my first compound bow, a Hoyt Buck, then later that year shot my first deer with a bow. Ahhh memories.... I agree with the other comments, definately start putting a little away each time, you'll really thank yourself later. Quote
jeremyt Posted August 1, 2007 Posted August 1, 2007 You have received some great advice. I would really suggest saving as much as possible. I am only 27 , but I have had saving for retirement stressed to me as much as can be done. Besides retirement the more cushion you have as you get older the less stress you will have. I honestly remember being 14-15 and having that paycheck burning a hole in my pocket and laughing at everyone who told me to save and by no means am I suggesting to not enjoy yourself or reward yourself but you are never too young to think about your future. Quote
Pond Hopper Posted August 1, 2007 Posted August 1, 2007 Lots of good advice but make a plan, set aside certain (to be figured out by you) percentages to go toward things such as savings, retirement, bills, future bills, and then pay yourself. Those are the categories that me and my girlfriend have seeperated and it is working out great on all ends. Even if you want to spend $300 on tackle or what not teach yourself to save up for it instead of just buying it because you want it now. That habit gets more people in trouble and I tend to see society's lack of saving and overage of spending on a daily basis. Quote
fish-fighting-illini Posted August 2, 2007 Posted August 2, 2007 Getting married then it goes " Do as I say not as WE do" Bucket, Put the $25 away like Muddy said then take bigger chunks and put it in an IRA if you don't have access to a 401K Trust us we old people are good for something if nothing else about teaching about our mistakes! lol Congrats on the check Wisdom says the longer you stay away from women the longer your check lasts! Quote
BucketmouthAngler13 Posted August 2, 2007 Author Posted August 2, 2007 Thanks for the advice guys. The reason why I didnt invest 10% of this paycheck was because my dad is on a bike trip and I dont know how to open a acount. But I'll be investing %20 from now on, %10 for earthly things, and the other 10 for heavenly things. And about girls costing guys alot of money, I have no plans to get myself tangled with the other species any time soon. Quote
bassboy1 Posted August 2, 2007 Posted August 2, 2007 And about girls costing guys alot of money, I have no plans to get myself tangled with the other species any time soon. Ya, we've all heard that before. : Quote
fish-fighting-illini Posted August 2, 2007 Posted August 2, 2007 And about girls costing guys alot of money, I have no plans to get myself tangled with the other species any time soon. Ya, we've all heard that before. : LOL! Quote
Fish Man Posted August 3, 2007 Posted August 3, 2007 what about saving up for a car...all my paychecks go directly into the bank an i use my tip money for fooling around Quote
Bizzo Posted August 3, 2007 Posted August 3, 2007 We have a young man that works for my company, he is 18 and has been there a couple of years. He puts 50% of his check into a 401K. Talk about smart! I wish I had started a lot sooner. He will have no money worries when he retires. Quote
Super User SPEEDBEAD. Posted August 3, 2007 Super User Posted August 3, 2007 We have a young man that works for my company, he is 18 and has been there a couple of years. He puts 50% of his check into a 401K. Talk about smart! I wish I had started a lot sooner. He will have no money worries when he retires. He either makes a TON of money to be able to afford that.....or he lives with mom and dad and has minimal expenses. Either way, good for him Quote
Bizzo Posted August 3, 2007 Posted August 3, 2007 He doesnt make a ton, but he does live with mom and dad. He's an extremely smart kid. Quote
Bassboy15 Posted August 3, 2007 Posted August 3, 2007 He doesnt make a ton, but he does live with mom and dad. He's an extremely smart kid. Where do you work at and wat kind of hours do you get? Quote
Bean Counter Posted August 6, 2007 Posted August 6, 2007 And about girls costing guys alot of money, I have no plans to get myself tangled with the other species any time soon. I have had a lot of dates with the other sex, but never dated out of my species. It just seems that they are a different species. Quote
bassboy1 Posted August 6, 2007 Posted August 6, 2007 It just seems that they are a different species. No, they are. Quote
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