Search found 10 matches

by MnyGrl
Fri Aug 04, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 3922

Re: How much do kids cost in a high COLA?

Apologize if this has been covered already as I did not read previous replies, but the NUMBER 1 X variable in having kids (even more if doing it alone) is NOT money, but having the help/ social network you need. So biggest question back to you would be how involved would your parents be in helping ...
by MnyGrl
Mon Jul 17, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4747

Re: Rent in safer neighborhood or buy in less safe one?

I'm just thinking, having been deployed to an actual war zone, that everything else goes out the window when safety is really in question (like the people on this thread who say they've woken up to the sound of gunfire or had their homes broken into multiple times) whether you have a family or not....
by MnyGrl
Mon Jul 17, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4747

Re: Rent in safer neighborhood or buy in less safe one?

Hi, a few things to consider: 1) You mention that your older child has special needs. It depends on what those special needs are, but in my area, public schools have much better programs in place to deal with those, and many private schools won't take kids with particular needs (or are extremely exp...
by MnyGrl
Fri May 19, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: How to stay on a budget?
Replies: 31
Views: 3830

Re: How to stay on a budget?

When I feel like my spending has gotten out of control, I do a "fiscal fast" for a month, spending only on needs. Even my kids get on board with it. It is amazing how much you can save. Using mint.com has helped me a lot as well - you can look at what you are spending on and tweak your bud...
by MnyGrl
Tue May 16, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 658

Re: Money market funds or other low risk funds - please help

OP here, thanks for all the replies. I was unaware that there were CDs available to invest in within IRAs. This money is the tip of the iceberg - I work in IT and have had a number of contract jobs with 401Ks and IRAs, so money is scattered around and I need to consolidate. This is the biggest chunk...
by MnyGrl
Tue May 16, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 658

Re: Money market funds or other low risk funds - please help

brother7 wrote:Where is your account now? At Vanguard or another institution?


It's at Fidelity.
by MnyGrl
Tue May 16, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 658

Re: Money market funds or other low risk funds - please help

Sorry, what I posted was confusing - this money is in a rollover IRA (split half of retirement funds from divorce).

So I can't withdraw it without incurring taxes - need to invest it within the IRA.
by MnyGrl
Tue May 16, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 658

Money market funds or other low risk funds - please help

I got divorced a while ago and put a chunk of money into one of my investment accounts - in a cash-like account. A year later I look more closely and realize that the money hasn't made one cent. Whoops. I could have stuck it in an Ally account and earned some interest at least. I have most of my mon...
by MnyGrl
Thu Apr 20, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2900

Re: I will pay off mortgage at 40. What next?

Check this webpage to prioritize investments after paying off mortgage: m You have 4 lovely kids so you need a lot of money (liquid assets excluding your primary house) to support your large family for the next 18 years. Agreed, are you planning to help the kids with college? Four 529 plans maxed o...
by MnyGrl
Thu Apr 20, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Calling for all the Moms: career and family.
Replies: 42
Views: 5852

Re: Calling for all the Moms: career and family.

Hi, I'm a working mom and also I'm divorced, so I'm the breadwinner by default (no alimony). I have two kids and make under 100K in a very HCOL area. My mortgage is about 50 percent of my take-home, but I have a lot of savings to fall back on if anything goes wrong. I could be making more, but have ...