I Happened Across $15,000 Forum
- PickMe!
- Posts: 162
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Re: I Happened Across $15,000
What the fuck ever! Dude, blow it. Have fun.
- dingbat
- Posts: 4974
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Re: I Happened Across $15,000
Seriously, this is the worst possible advicePickMe! wrote:What the fuck ever! Dude, blow it. Have fun.
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Re: I Happened Across $15,000
Send it to me. I'll give you the info. It will be officially considered Charrity.
- Mick Haller
- Posts: 1257
- Joined: Mon Mar 28, 2011 3:24 pm
Re: I Happened Across $15,000
Take this advice. Plus, if your school learns you came into some $$$, they may lower your need-based aid for the next year.Veyron wrote:Although paying off stuff immediately may be tempting, I'd wait till I had an post-graduation offer in hand to do so. That way, if you don't get a 2L SA or you get no offered you still have a safety net. Also, not all firms give bar stipends so it behooves you to have some money set aside for living expenses while you study for the bar even if you do have a job lined up. If you have credit cards though you can pay those off and then use them for bar living expenses when the time comes.
Save till you graduate, then use it to pay down principal when you are employment secure.
- bizzybone1313
- Posts: 1001
- Joined: Wed Jul 11, 2012 4:31 pm
Re: I Happened Across $15,000
I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?Mick Haller wrote:Take this advice. Plus, if your school learns you came into some $$$, they may lower your need-based aid for the next year.Veyron wrote:Although paying off stuff immediately may be tempting, I'd wait till I had an post-graduation offer in hand to do so. That way, if you don't get a 2L SA or you get no offered you still have a safety net. Also, not all firms give bar stipends so it behooves you to have some money set aside for living expenses while you study for the bar even if you do have a job lined up. If you have credit cards though you can pay those off and then use them for bar living expenses when the time comes.
Save till you graduate, then use it to pay down principal when you are employment secure.
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- thesealocust
- Posts: 8525
- Joined: Mon Oct 20, 2008 8:50 pm
Re: I Happened Across $15,000
I like your spirit. Nothing shouts "make me an officer of the court empowered with the public's trust" like an attitude of "please help me defraud my law school."bizzybone1313 wrote:I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?Mick Haller wrote:Take this advice. Plus, if your school learns you came into some $$$, they may lower your need-based aid for the next year.Veyron wrote:Although paying off stuff immediately may be tempting, I'd wait till I had an post-graduation offer in hand to do so. That way, if you don't get a 2L SA or you get no offered you still have a safety net. Also, not all firms give bar stipends so it behooves you to have some money set aside for living expenses while you study for the bar even if you do have a job lined up. If you have credit cards though you can pay those off and then use them for bar living expenses when the time comes.
Save till you graduate, then use it to pay down principal when you are employment secure.
- 20130312
- Posts: 3814
- Joined: Wed Nov 09, 2011 8:53 pm
Re: I Happened Across $15,000
I don't know if I've mentioned it, but you are my favorite poster.thesealocust wrote: I like your spirit. Nothing shouts "make me an officer of the court empowered with the public's trust" like an attitude of "please help me defraud my law school."
- bizzybone1313
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Re: I Happened Across $15,000
I like your spirit. Nothing shouts "make me an officer of the court empowered with the public's trust" like an attitude of "please help me defraud my law school."[/quotethesealocust wrote:bizzybone1313 wrote:I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?Mick Haller wrote:Take this advice. Plus, if your school learns you came into some $$$, they may lower your need-based aid for the next year.Veyron wrote:Although paying off stuff immediately may be tempting, I'd wait till I had an post-graduation offer in hand to do so. That way, if you don't get a 2L SA or you get no offered you still have a safety net. Also, not all firms give bar stipends so it behooves you to have some money set aside for living expenses while you study for the bar even if you do have a job lined up. If you have credit cards though you can pay those off and then use them for bar living expenses when the time comes.
Save till you graduate, then use it to pay down principal when you are employment secure.
Lol. You know what is so ironic about your comment. With the exception of about 20 (or 14 or 6 or 3) law schools, almost all of the rest of the law schools in the country defraud their students by awarding them a poisionious, overpriced law degree. I have to look out for my financial future. I don't know why I should be punished for saving $60K before returning back to law school when I could have blown all that money on different adventures.
- laxbrah420
- Posts: 2720
- Joined: Fri Aug 12, 2011 1:53 am
Re: I Happened Across $15,000
This isn't fucking undergrad dude. You're not getting need based financial aid unless youre going to one of those non poisonous schools
- Mick Haller
- Posts: 1257
- Joined: Mon Mar 28, 2011 3:24 pm
Re: I Happened Across $15,000
Gift to your parents. De-gift upon graduation.bizzybone1313 wrote: I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?
- thesealocust
- Posts: 8525
- Joined: Mon Oct 20, 2008 8:50 pm
Re: I Happened Across $15,000
Won't work unless poster is over the age of 26 or so I think; they look at your parents assets as well.Mick Haller wrote:Gift to your parents. De-gift upon graduation.bizzybone1313 wrote: I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?
- Mick Haller
- Posts: 1257
- Joined: Mon Mar 28, 2011 3:24 pm
Re: I Happened Across $15,000
Honorary pet trust then; appoint self as trustee.thesealocust wrote:Won't work unless poster is over the age of 26 or so I think; they look at your parents assets as well.Mick Haller wrote:Gift to your parents. De-gift upon graduation.bizzybone1313 wrote: I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?
- dingbat
- Posts: 4974
- Joined: Wed Jan 11, 2012 9:12 pm
Re: I Happened Across $15,000
Do you want to be admitted to the bar?bizzybone1313 wrote:I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?
Don't fuck with this shit, it's not worth it
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- DEO3029
- Posts: 33
- Joined: Thu Jun 07, 2012 1:56 am
Re: I Happened Across $15,000
Call Options on Apple. At under 510 a share, you could buy some February or March options for 5k & net out at least an extra 2k.
- dingbat
- Posts: 4974
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Re: I Happened Across $15,000
Nah, just sell some calls. You'll be rollingDEO3029 wrote:Call Options on Apple. At under 510 a share, you could buy some February or March options for 5k & net out at least an extra 2k.
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Re: I Happened Across $15,000
Not entirely true since I take you to mean T14 as the only non-poisonous school, I go to Univ of Hou, and I had to file my income tax return last year in a very particular way in order to get my FASFA number really low so I could get the need based financial grant they offer.laxbrah420 wrote:This isn't fucking undergrad dude. You're not getting need based financial aid unless youre going to one of those non poisonous schools
Pretty much if you know any successful farmers ask them who they use as an accountant because those guys know all the loopholes in order to get pretty much any state of federal funded grants that can help their clients, including college ones for their kids.
- Doorkeeper
- Posts: 4869
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Re: I Happened Across $15,000
180 exchange.Nova wrote:YOLOMapsMapsMaps wrote:I should save a 1-2000 to pay for the STD meds though.
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Re: I Happened Across $15,000
Don't forget that grad plus loans have a f***ing FOUR PERCENT origination fee. If you do decide to pay down loans, it may make more sense to save the money and just forego taking taking out newg rad plus loans than to pay down preexisting principal. This might also allow you to get a pretty sweet tax credit.
- dingbat
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Re: I Happened Across $15,000
badaboom61 wrote:Don't forget that grad plus loans have a f***ing FOUR PERCENT origination fee. If you do decide to pay down loans, it may make more sense to save the money and just forego taking taking out newg rad plus loans than to pay down preexisting principal. This might also allow you to get a pretty sweet tax credit.
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Re: I Happened Across $15,000
If you pay some of your own tuition there are tax credits out there. Not sure exactly; maybe lifetime learning and/or one other one?dingbat wrote:badaboom61 wrote:Don't forget that grad plus loans have a f***ing FOUR PERCENT origination fee. If you do decide to pay down loans, it may make more sense to save the money and just forego taking taking out newg rad plus loans than to pay down preexisting principal. This might also allow you to get a pretty sweet tax credit.
- dr123
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Re: I Happened Across $15,000
Drop out of lawl school and live the dream
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- dingbat
- Posts: 4974
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Re: I Happened Across $15,000
I'm fairly certain you can claim the credit even if you're borrowing loans in order to pay for tuitionbadaboom61 wrote:If you pay some of your own tuition there are tax credits out there. Not sure exactly; maybe lifetime learning and/or one other one?dingbat wrote:badaboom61 wrote:Don't forget that grad plus loans have a f***ing FOUR PERCENT origination fee. If you do decide to pay down loans, it may make more sense to save the money and just forego taking taking out newg rad plus loans than to pay down preexisting principal. This might also allow you to get a pretty sweet tax credit.
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Re: I Happened Across $15,000
Kids under 26 don't need to be going to law school anyways. They end up spazzy on TLS talking about "how do I act on an interview" like some advice is going to magically make it all better.thesealocust wrote:Won't work unless poster is over the age of 26 or so I think; they look at your parents assets as well.Mick Haller wrote:Gift to your parents. De-gift upon graduation.bizzybone1313 wrote: I own a substantial amount of money in stock. What would be a good way for my future law school not to find out? Sell a lot of it and stuff the money under my mattress until I need it?
I'm just glad that my parents have real estate that could be sold to pay off debt. My parents were always planners and made me start a Roth IRA young. Glad they made me do it.
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- Posts: 1659
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Re: I Happened Across $15,000
So you're outing the fact that you lied on an application? Wowsa.zanzbar wrote:Not entirely true since I take you to mean T14 as the only non-poisonous school, I go to Univ of Hou, and I had to file my income tax return last year in a very particular way in order to get my FASFA number really low so I could get the need based financial grant they offer.laxbrah420 wrote:This isn't fucking undergrad dude. You're not getting need based financial aid unless youre going to one of those non poisonous schools
Pretty much if you know any successful farmers ask them who they use as an accountant because those guys know all the loopholes in order to get pretty much any state of federal funded grants that can help their clients, including college ones for their kids.
- 20130312
- Posts: 3814
- Joined: Wed Nov 09, 2011 8:53 pm
Re: I Happened Across $15,000
Correct.dingbat wrote: I'm fairly certain you can claim the credit even if you're borrowing loans in order to pay for tuition
The most obnoxious poster, ladies and gentlemen. If there wasn't a bright line "no telling people to kill themselves" rule on TLS, I'd tell you to kill yourself.BearsGrl wrote: Kids under 26 don't need to be going to law school anyways. They end up spazzy on TLS talking about "how do I act on an interview" like some advice is going to magically make it all better.
I'm just glad that my parents have real estate that could be sold to pay off debt. My parents were always planners and made me start a Roth IRA young. Glad they made me do it.
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