Indifference Abounds?

(Applications Advice, Letters of Recommendation . . . )
User avatar
gwuorbust

Gold
Posts: 2086
Joined: Tue Sep 22, 2009 11:37 pm

Indifference Abounds?

Postby gwuorbust » Sat Jun 19, 2010 1:22 pm

So I will be attending LS in the Fall and I expect over the three years to borrow about 105k. Now, I have been going out with my friends and what not and every time I do where they are worried about spending 20 on a meal all I can think about is that 100k.. which make me not really care about spending the money at all cause it seems like a drop in the bucket compared to my future debt chains. anyone else feel the same way or do most ppl feel like clamping down on spending ?

User avatar
Geat27

New
Posts: 71
Joined: Sun Oct 18, 2009 10:26 pm

Re: Indifference Abounds?

Postby Geat27 » Sun Jun 20, 2010 11:11 pm

Spending $20 on meals and spending liberally on other things you want quickly adds up... to thousands of dollars a year, and tens of thousands over several years. And then you are talking about sums of money that are on the same scale as your potential law school debt.

xyzzzzzzzz

Bronze
Posts: 461
Joined: Wed Jan 06, 2010 6:28 pm

Re: Indifference Abounds?

Postby xyzzzzzzzz » Sun Jun 20, 2010 11:48 pm

.
Last edited by xyzzzzzzzz on Thu Jul 08, 2010 11:01 pm, edited 1 time in total.

User avatar
Cupidity

Gold
Posts: 2214
Joined: Sun Jun 07, 2009 10:21 pm

Re: Indifference Abounds?

Postby Cupidity » Sun Jun 20, 2010 11:54 pm

Dude, story of my life.


I just ordered a $23 dollar beer at a bar. My friend was like, WTF ARE YOU DRUNK, and I go--no, I'm in 120k of debt and down it.

In 10 years I'll either be rich as shit and out of debt, or living under an assumed name in a country without extradition laws to the US.

User avatar
Mroberts3

Bronze
Posts: 300
Joined: Sat Oct 03, 2009 10:10 pm

Re: Indifference Abounds?

Postby Mroberts3 » Sun Jun 20, 2010 11:59 pm

I'm generally a very frugal person and I still feel exactly what you are describing. It hit me more while working (vs spending) during my year off. I kept asking myself why I was working for $X/hour when it wasn't going to make a dent in my after school debt.

To stay motivated I focused on the things that really do make a bigger impact. Right now I'm spending a lot of time looking for a good place to live without spending too much. Think about how an extra $200 a month in rent ends up being $7,200 over 3 years. The other thing I have done is started to track my monthly livings costs more accurately. My goal is to get in the habit of living comfortably off of what I have allotted for living expenses for law school.

User avatar
momo_08

New
Posts: 59
Joined: Thu Dec 24, 2009 8:10 pm

Re: Indifference Abounds?

Postby momo_08 » Mon Jun 21, 2010 12:04 am

I'm kind of where you are too...except I go on shopping trips instead. I'm planning on going cold turkey with the shopping just to make sure my loans cover everything necessary.
I think the best thing to do though with food is make a budget for dinners out etc. and just try to be as cheap as possible. You can try eating/drinking before you go out so you're not starving by the time you go out. Bottom line basically try to be as cheap as possible :)

User avatar
PDaddy

Gold
Posts: 2063
Joined: Sat Jan 16, 2010 4:40 am

Re: Indifference Abounds?

Postby PDaddy » Mon Jun 21, 2010 12:16 am

gwuorbust wrote:So I will be attending LS in the Fall and I expect over the three years to borrow about 105k. Now, I have been going out with my friends and what not and every time I do where they are worried about spending 20 on a meal all I can think about is that 100k.. which make me not really care about spending the money at all cause it seems like a drop in the bucket compared to my future debt chains. anyone else feel the same way or do most ppl feel like clamping down on spending ?



As the saying goes, you have one of two choices:

1) Live like a lawyer while in law school, and wind up living like a law student when you get out, or

2) Live like a law student while in law school, and live like a lawyer when you actually become one.

Option two looks a lot better.

blsingindisguise

Silver
Posts: 1304
Joined: Thu Nov 26, 2009 1:08 am

Re: Indifference Abounds?

Postby blsingindisguise » Mon Jun 21, 2010 12:22 am

Cupidity wrote:Dude, story of my life.


I just ordered a $23 dollar beer at a bar. My friend was like, WTF ARE YOU DRUNK, and I go--no, I'm in 120k of debt and down it.

In 10 years I'll either be rich as shit and out of debt, or living under an assumed name in a country without extradition laws to the US.


"I'm already serving a five-year sentence, so what difference is it going to make if I punch the guard in the face?"

User avatar
Cupidity

Gold
Posts: 2214
Joined: Sun Jun 07, 2009 10:21 pm

Re: Indifference Abounds?

Postby Cupidity » Mon Jun 21, 2010 12:23 am

blsingindisguise wrote:
Cupidity wrote:Dude, story of my life.


I just ordered a $23 dollar beer at a bar. My friend was like, WTF ARE YOU DRUNK, and I go--no, I'm in 120k of debt and down it.

In 10 years I'll either be rich as shit and out of debt, or living under an assumed name in a country without extradition laws to the US.


"I'm already serving a five-year sentence, so what difference is it going to make if I punch the guard in the face?"


Muthafucka shouldn't a looked at me cross then. He asked for it.

User avatar
MTal

Silver
Posts: 852
Joined: Tue Dec 11, 2007 6:47 pm

Re: Indifference Abounds?

Postby MTal » Mon Jun 21, 2010 12:25 am

PDaddy wrote:
2) Live like a law student while in law school, and live like a lawyer when you actually become one.



The vast majority of lawyers start out making way south of 50k. Either way, you're fucked.

User avatar
Scallywaggums

Bronze
Posts: 249
Joined: Tue Apr 20, 2010 12:52 pm

Re: Indifference Abounds?

Postby Scallywaggums » Mon Jun 21, 2010 12:27 am

OP and Cupidity outed as never having supported self.

User avatar
dominkay

Bronze
Posts: 354
Joined: Fri Apr 02, 2010 4:41 pm

Re: Indifference Abounds?

Postby dominkay » Mon Jun 21, 2010 12:36 am

I can definitely sympathize with that feeling. Try not to give into it, though. More debt is more debt. The people I know who lived it up in law school (taking vacations on their loans, etc) are definitely regretting it, especially ITE.

User avatar
Cupidity

Gold
Posts: 2214
Joined: Sun Jun 07, 2009 10:21 pm

Re: Indifference Abounds?

Postby Cupidity » Mon Jun 21, 2010 12:39 am

Scallywaggums wrote:OP and Cupidity outed as never having supported self.


Cupidity has been living on own working for $8 an hour since he was 18. I'm going to law school because I'm tired of making pizza.

User avatar
Scallywaggums

Bronze
Posts: 249
Joined: Tue Apr 20, 2010 12:52 pm

Re: Indifference Abounds?

Postby Scallywaggums » Mon Jun 21, 2010 12:41 am

^ Scallywaggums outed as being dead wrong.
::Revision::
Cupidity outed as having subpar long-term judgment.

User avatar
gwuorbust

Gold
Posts: 2086
Joined: Tue Sep 22, 2009 11:37 pm

Re: Indifference Abounds?

Postby gwuorbust » Mon Jun 21, 2010 12:43 am

MTal wrote:
PDaddy wrote:
2) Live like a law student while in law school, and live like a lawyer when you actually become one.



The vast majority of lawyers start out making way south of 50k. Either way, you're fucked.


like the vast majority of other law students I plan on making way more then 50k

User avatar
romothesavior

Diamond
Posts: 14703
Joined: Fri Jun 26, 2009 4:29 pm

Re: Indifference Abounds?

Postby romothesavior » Mon Jun 21, 2010 1:06 am

Cupidity wrote:Dude, story of my life.


I just ordered a $23 dollar beer at a bar. My friend was like, WTF ARE YOU DRUNK, and I go--no, I'm in 120k of debt and down it.

In 10 years I'll either be rich as shit and out of debt, or living under an assumed name in a country without extradition laws to the US.


Where did you find a $23 beer?

User avatar
Mroberts3

Bronze
Posts: 300
Joined: Sat Oct 03, 2009 10:10 pm

Re: Indifference Abounds?

Postby Mroberts3 » Thu Jun 24, 2010 8:53 pm

romothesavior wrote:
Cupidity wrote:Dude, story of my life.


I just ordered a $23 dollar beer at a bar. My friend was like, WTF ARE YOU DRUNK, and I go--no, I'm in 120k of debt and down it.

In 10 years I'll either be rich as shit and out of debt, or living under an assumed name in a country without extradition laws to the US.


Where did you find a $23 beer?


I think this is the more interesting part of this thread. I assume it has to be somewhere in NY or LA...



Return to “Law School Admissions Forum�

Who is online

Users browsing this forum: No registered users and 12 guests