Personal debt

[vortexring 0]

Had a few instructors that flew them - were you on the rigs? Did you have to pay for your Instrument Rating at the time?

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[rickjump1 0]

Quote

Had a few instructors that flew them - were you on the rigs? Did you have to pay for your Instrument Rating at the time?

Yep. Imagine flying something that clumsy with big floats. I later got the civilian instrument rating when I got an ATP which I did pay for. If I had waited I could have gotten it free doing a checkride with the last company I worked for. Got a type rating in the BH 212/412 free though.

Do your part for global warming: ban beans and hold all popcorn farts.

[vortexring 0]

Seems getting your IR makes you more employable; yet because of the expense (and having only 3 attempts), wouldn't it be better just to time bar yourself to a company that'll finance it!? Lower wages for several years, sure, but better job security?

I dunno - a winter season on the rigs doesn't exactly appeal - although the pay does!

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[lawrocket 3]

Hmm. Outside of mortgages? (about 900k for three of them).

Still about 90k in student loans. About 100k on business debt. A couple of car notes.

Yeah, my net worth is pretty well into the hegative.

My wife is hotter than your wife.

[shropshire 0]

Quote

Yeah, my net worth is pretty well into the hegative.

people say that about me all the time, too

(.)Y(.)
Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome

[miked10270 0]

Hi Mate,

currently owing approximately £12,209.23p on my house & that's it.
Having said that, I have been in real holes in the past, credit cards, consolidation, the lot! getting debt-free feels Goooo...d.

Mike.

PS. When i say my sole remaining debt is being focussed on, that's not quite true. Iona & I got married in the summer so I got her a nice wee platinum Rolex in lieu of the big wedding / honeymoon in Antuiga / Etc... Figured it lasts longer than the fancy wedding (how tight is that!!?)

Taking the piss out of the FrenchAmericans since before it was fashionable.

Prenait la pisse hors du FrançaisCanadiens méridionaux puisqu'avant lui à la mode.

[klingeme 1]

I pay my credit cards in full every month, so mine is currently somewhere between $0 and $500-$600 depending on where I am in the billing cycle, which is what I charge monthy. This pays for all of my utilities, shipping, etc....

This does not count my Car Loan, in that case, add about another $4,000.

[wmw999 2,643]

Quote

Zero - and no mortgages either.

My retirement fund has shrunk a lot in the last few months though, thanks mostly to other people's debts.

What he said. The only thing that counts as debt is this month's balance on the credit card.

Wendy W.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[rickjump1 0]

Quote

Seems getting your IR makes you more employable; yet because of the expense (and having only 3 attempts), wouldn't it be better just to time bar yourself to a company that'll finance it!? Lower wages for several years, sure, but better job security?

I dunno - a winter season on the rigs doesn't exactly appeal - although the pay does!

Bite the bullet and get it. Things have changed. My old company requires the ifr rating for hew hires now because new pilots don't go directly into a single engine vfr job like I did. They become ifr copilots first and then vfr pilots for command experience and finally they return to the ifr ships to become ifr captains. This was just my company. Others do it different. But yes, get it. We also had an atp bonus. In my company, you had to have an atp to advance to ifr captain anyway so the sooner you got it the quicker came the money.

Do your part for global warming: ban beans and hold all popcorn farts.

[vortexring 0]

Hello mate,

Nice to hear from you - hope you're well Mike - although when all of a sudden you find yourself debt free, that freedom feeling doesn't exactly last long does it!?

For the record - I'd have gone for the insanely expensive and romantic wedding in the Caribbean mate - we are talking about women; but a shiny distraction such as a platinum watch by Rolex equally works I guess...

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[vortexring 0]

I read your explanation, but you do still realize it'd cost me about 20 Grand over here, and about the price of fuck all over at your place! I dunno - apparantly train drivers are on fairly stress free high wages - maybe I should do that, rather than fly oil workers over the North Sea in Winter, especially when the resources are on their way out.

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[vortexring 0]

Quote

Hmm. Outside of mortgages? (about 900k for three of them).

Still about 90k in student loans. About 100k on business debt. A couple of car notes.

Yeah, my net worth is pretty well into the hegative.

3 mortgages!!? It's your fault why property is so fuckin' expensive!

Next time I'm arrested, why don't I appoint yer as my brief so you can pay your student loans off? Mate - you'll be busy!!

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[rickjump1 0]

Quote

I read your explanation, but you do still realize it'd cost me about 20 Grand over here, and about the price of fuck all over at your place! I dunno - apparantly train drivers are on fairly stress free high wages - maybe I should do that, rather than fly oil workers over the North Sea in Winter, especially when the resources are on their way out.

Do you have any military ifr training?

Do your part for global warming: ban beans and hold all popcorn farts.

[vortexring 0]

Of course - I've a green rating too.

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[vortexring 0]

Flying IFR/IMC is essentially simple as you know. I'll fly at least a 'substantial' amount each 3 months to keep current. But it'll mean little in regards to paying for an IFR rating. As if I'll ever be operating at the FL's they'll be asking me questions on!

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[rickjump1 0]

With that experience, I don't see why a N. Sea operator wouldn't hire you and help you get it. Regardless, with your experience, it would be more of just jumping through the hoops. A lot of pilots come here and pay less to get it. Some end up working here on the gulf coast and later go home. ERA Aviation had a Brit chief pilot (ex-Royal Marine) Wessex driver. Take the written on your own and do a short course. Find a school that will appreciate your experience and not bleed you to death.

Do your part for global warming: ban beans and hold all popcorn farts.

[vortexring 0]

Hear you mate - it's all still early doors though - I'm still committed to a certain employer...

I still can't even bridge onto an ATPL (RW) - I've gotta still do all the irrelevant exams! One of your lads once told me they were given their civvie wings literally on graduation!?

It is mental though, when you've civvie QHI's on 600 odd hours.

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

[rickjump1 0]

You would not have gotten where you are today without a little sacrifice. I did take a quickkie commercial written course prior to graduation, and went down and filled out the paper work for an faa licence. Had no idea how lucky I was. It was vfr, as I had just an instrument tactical ticket back then. Later got the full thing in the military and like I said, I paid for a quick atp/ ifr course as I had the written out of the way. By the way, Bristow gave me a Bermuda license to fly Bermuda registed aircraft in the Arabian Gulf. Still got it.

Do your part for global warming: ban beans and hold all popcorn farts.

[miked10270 0]

Quote

...I'd have gone for the insanely expensive and romantic wedding in the Caribbean...

That's why I didn't marry you. We married around the time of that double tourist killing in Antigua - So cue all the sick jokes about the bauble lasting longer than a fortnight and still being able to wear it.

Mike.

Taking the piss out of the FrenchAmericans since before it was fashionable.

Prenait la pisse hors du FrançaisCanadiens méridionaux puisqu'avant lui à la mode.

[penniless 0]

Quote

Quote

Quote

We're literally encouraged to get ourselves into debt.

Who is doing that, do you think?

Jimmy Saville.

Didn't he encourage you to wear your seat belt? "Clunk click..."

[Gawain 0]

Quote

What's yours?

$0.00

So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

[LadiDadi 0]

You say that mortgages don't count but that is really the only thing we owe on. We own 2/3 of the house and owe for the rest.

No rolling credit card debt meaning that we do use a credit card to make our monthly purchases of things like gas, food, cigarettes, bar tabs, online purchases, etc. but it is paid off at the end of the month.

I owe my dad a hundred bucks over a lost bet so I suppose that counts but I have no intention of ever paying him.

If you can't laugh at yourself, I'll be happy to do it for you.
****************************
Be like the cupcake and suck it up.