HELP(matters of the heart and money ...)

wiwimu · Post by **wiwimu** » Tue Aug 06, 2002 6:12 pm

This is an analogue
If i were to go on a study somewhere and had a $1000.

1. Go somewhere i love and (have been dying to go) but short of $2000 so i might have to hunt for money along the way.
Final outcome (more valuable)

2. Go somewhere else for the sake of going but not have to worry about the money.
Final outcome (less vaulable)

Objective: If the objective is to obtain a degree.

At the moment i am in dilemma, should i choose 1 and realize that it is giving me to much pressure till i can't breathe and am unable to reach my final outcome, or should i just go for number 2 and live with it.

Obsidian · Post by **Obsidian** » Tue Aug 06, 2002 7:01 pm

Take a year off, go where you l0ove, work fulltime for a year to get enough money to go to school.

Find the love of your life, and live happily ever after.

Tybaltus · Post by **Tybaltus** » Tue Aug 06, 2002 7:39 pm

I faced a similar problem, however my laziness contributed to my answer. I just took option 2. Its inexpensive, and easy. I like easy.

Tamerlane · Post by **Tamerlane** » Tue Aug 06, 2002 7:55 pm

Go with 1 otherwise you may live to regret missing your opportunity when you had the chance.

Tybaltus · Post by **Tybaltus** » Tue Aug 06, 2002 7:58 pm

I forgot to say-while I chose number 2, I would recommend number 1.

josh · Post by **josh** » Tue Aug 06, 2002 8:32 pm

Just what is it that you love about the place in option 1?

Ode to a Grasshopper · Wed Aug 07, 2002 12:31 am

Number 1. Chances are you'll regret it later if you choose number 2.

Zu'l Zorander · Post by **Zu'l Zorander** » Wed Aug 07, 2002 12:34 am

#2 so you wont still be paying off your school loans for the next 30 years.

wiwimu · Post by **wiwimu** » Wed Aug 07, 2002 5:43 am

gee now i get a mixed answer but it really depends on my being lazy or not i guess
sigh....
to josh

well option one is london and why it is so wonderful there ? i guess it is because i am going to study illustration and arts and i had always wanted to go there anyway.
sigh
decisions decisions decisions...
but thanx anyway guys

HighLordDave · Post by **HighLordDave** » Wed Aug 07, 2002 6:13 am

If option #1 is some place you've really wanted to go all of your life, my advice is to borrow the money to go and pay it off later, especially if you may never get a chance to do it again. Otherwise, as our friend Tamerlane says, you may end up spending the rest of your life wishing you had gone.

For instance, when I was in high school, I had the chance to go on our school's trip to Europe which was four weeks on the continent doing stuff that was basically educational but mostly fun, and I passed it up because I didn't want to come up with half of the $1,800 it would have cost to go (my parents were willing to spring for half but $900 plus spending money was on my own). Now, 11 years later, I wish more than ever that I had taken that opportunity because the chance to go hasn't come up in my life again.

Having said that, I wouldn't advise you to mortgage ten years of your life to pay off option #1, but if the expense isn't exorbitant, I'd do it.

Tom · Post by **Tom** » Wed Aug 07, 2002 7:47 am

Don't worry too much about it. I did 1 and it was cool. Had I done 2 I would have gone back to dream place later in life and that would have been cool. One of my friends did 2 and it was cool. So be cool…

C Elegans · Post by **C Elegans** » Wed Aug 07, 2002 10:42 am

I think you should go for one. Settling for second best seldom makes people happy. Money is replaceble, I'm sure you can get some money from an extra job or something.

If there is something one really wants to do, I think we should strive for that and nothing less. Not only because you might regret in later, but because it makes life more valuable and meaningful. And don't be afraid of student's loans, what is the worse: Paying off student's loans the rest of your life and have an education and a job you love, or being stuck for the rest of you life with an education and a job you don't really like?

Go for 1!

wiwimu · Post by **wiwimu** » Thu Aug 08, 2002 8:14 am

dear C Elegans

i think you are absolutely right...
i would hate the idea of spending the next 70 years of my life wondering if, if only, what if..
Well i think i would try for a year if that works out i'd try for another and then i maight just make it.

isn't life just wonderful when there is something to strive for

Zu'l Zorander · Post by **Zu'l Zorander** » Thu Aug 08, 2002 8:42 am

isn't life just wonderful when there is something to strive for

well thats true in most cases... but when it comes to school it only makes life more stressfull

thantor3 · Post by **thantor3** » Fri Aug 09, 2002 12:05 am

Faced with a similar situation, I chose 1... twice. Once for school and once in a personal relationship. And to be honest, there wasn't a fairy tale ending to either one. For example, I am looking at paying off student loans for the next 23 years. There are a couple of things to consider about this, though. As CE has mentioned, the way you handle yourself around money changes as you move into the post-academic part of your life. You learn that most people have to leverage themselves in order to afford the things they want or need -- buying a house comes to mind. And you learned to deal with that. So I wouldn't say to you, choose the first option and damn the consequences. I would say, choose the first option if that choice fulfills something important in you, something whose cost cannot be measured, and then allow that choice to make a difference. The kind of difference where managing the resulting consequences seem inconsequential in comparison.

Sojourner · Post by **Sojourner** » Fri Aug 09, 2002 1:33 am

Speaking as someone who has lived under the shadow of debt - don't choose #1 unless you can work out a reasonable payment schedule to re-pay the loan. Debt can hurt you in more ways than one - you have to ask yourself where you want to be in the next few years. Do you want to able to afford a home or car, or continue your education? Too much debt closes doors in your face. (And don't get me started on the credit hounds - they don't play nice.) Don't shut down your future because of something you want to do now. A better option would be to save and make this trip later, when you can afford it.

Tom · Post by **Tom** » Fri Aug 09, 2002 5:40 am

I agree with sojourner.

If you are going to get in bad dept on choice 1 don’t do it. I have a fear of dept and to this day I don’t own anybody anything. If you lend 5000 money’s you could well end up paying 10000. If you fail to pay on time they can hit you with bad and very unfair fines and the dept gets worse and worse. So chill - if option 1 is overstretching you - don't forget you can do it later.

Sojourner · Post by **Sojourner** » Fri Aug 09, 2002 6:09 am

Originally posted by Tom
If you fail to pay on time they can hit you with bad and very unfair fines and the dept gets worse and worse.

Don't forget the credit record - it takes a loooong time to clear it.

C Elegans · Post by **C Elegans** » Fri Aug 09, 2002 8:30 am

Originally posted by wiwimu
dear C Elegans

i think you are absolutely right...
i would hate the idea of spending the next 70 years of my life wondering if, if only, what if..
Well i think i would try for a year if that works out i'd try for another and then i maight just make it.

isn't life just wonderful when there is something to strive for

I also love to strive for things I really want

Like Sojourner, I live in the shadow of debt, I have student's loans of $40K, but I pay them off slowly and the feeling to have chosen exactly what I wanted to do, to have the education I wanted the most and to have a job that gives me happiness, stimulation and energy every day, is far more worth than any money. Like everybody else I fear debts, but I fear boredom and an unhappy life much more...

wiwimu · Post by **wiwimu** » Fri Aug 09, 2002 5:31 pm

dear C Elegans

to Sojourner

All comments are appreciated, and i guess #1 is just so irresistible....