Search found 156 matches

by OnTrack2020
Thu Apr 19, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Master Bath remodel price?
Replies: 27
Views: 2441

Re: Master Bath remodel price?

We just did a bathroom update. I'm not sure it's a remodel, because we didn't move any walls or plumbing. It turned out very nice. We installed new lighting fixture, bathroom fan/light, vanity, granite countertop, flooring tile, new shower surround, tempered glass shower door, shower and sink fixtur...
by OnTrack2020
Wed Apr 18, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3113

Re: Broke up with my girlfriend for financial reasons: crazy?

First, I should say I am old enough to be your mother. Even married couples have disagreements about money. Even if you are to meet someone you are compatible with, like this woman, it doesn't negate the fact that you make over 7 times what she makes. The vast majority of women that you will meet ar...
by OnTrack2020
Wed Apr 18, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 152
Views: 14608

Re: Can I retire at age 40?

So you are living off $95k plus $25k insurance with a paid off home and vehicles. We also have 4 kids and a paid off home, and I'm thinking you can do it if you cut back on the $95k expenses. Definitely keep your health insurance. You could see where you can cut some of the $95k and start saving for...
by OnTrack2020
Fri Apr 13, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 11573

Re: Work Commute: How far is too far?

At some point, something will have to give. Either children will enter the picture (weren't mentioned by OP), or you will simply grow older and tire of it--at some point. My husband and I used to commute one hour in opposite directions. Once we had children, it was just too difficult. All we did was...
by OnTrack2020
Thu Apr 12, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or HSA -- explain like I'm 5.
Replies: 32
Views: 2493

Re: To HSA or HSA -- explain like I'm 5.

The only way to plan for the unknowns is to have a lot in savings, because otherwise it's too difficult. If I could go back to our low deductible, FSA plan I would in a heartbeat. We changed to the HDHP with HSA this year and have been sorely disillusioned---even with the tax break. I realize every...
by OnTrack2020
Wed Apr 11, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or HSA -- explain like I'm 5.
Replies: 32
Views: 2493

Re: To HSA or HSA -- explain like I'm 5.

The only way to plan for the unknowns is to have a lot in savings, because otherwise it's too difficult. If I could go back to our low deductible, FSA plan I would in a heartbeat. We changed to the HDHP with HSA this year and have been sorely disillusioned---even with the tax break. I realize everyo...
by OnTrack2020
Tue Apr 10, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Persian Rug Passed Down From Grandmother
Replies: 28
Views: 2063

Re: Persian Rug Passed Down From Grandmother

It is only worth what someone is willing to pay for it. I would lay it out in the living room and get as much enjoyment from it as possible.
by OnTrack2020
Tue Apr 10, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Driver's permit before 18 - Any financial incentive
Replies: 52
Views: 1726

Re: Driver's permit before 18 - Any financial incentive

There are two sides to this. If they are driving before age 18, they will be able to then drive to a part-time job. That is a financial benefit to you. They will have their own spending money, gas money, etc. If your child is a good student, the insurance company will want a record of their grades s...
by OnTrack2020
Sat Apr 07, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13952

Re: Parents have zero savings. What can I do?

Other than the advice you've been given about SS, nothing. It's really not your responsibility. Your parents are adults. They've made their decisions. My mother-in-law had basically nothing when she died, except for all her small trinkets. She lived the vast majority of her life not making very much...
by OnTrack2020
Wed Apr 04, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: College freshman shopping—what don’t we need?
Replies: 45
Views: 2791

Re: College freshman shopping—what don’t we need?

Here are a few things both my kids have needed. Bedding for normally a twin size XL (you can buy the package which includes the comforter/bedspread, sheet/s, and pillowcase/s. They have both been required to buy one of those foam size mattress pads which go on top of the mattress and under the sheet...
by OnTrack2020
Mon Apr 02, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: After tax rollover issues
Replies: 30
Views: 1217

Re: After tax rollover issues

I am quite curious--did you contact VG prior to these checks being sent to them to set up accounts for each one? And then did you give your 401k administrator specific instructions as to which account each one needed to go into at VG?
by OnTrack2020
Fri Mar 30, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4056

Re: When did you know your kids would go to college?

We have two in college. One learned to read early, but didn't seem to want to apply himself. He was more of an auditory learner and not interested in opening a book. He's at a private school. We knew probably around middle school that he would go to some sort of school and he would ask us about coll...
by OnTrack2020
Sat Mar 24, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Buying large heavy items from places like Amazon
Replies: 22
Views: 1877

Re: Buying large heavy items from places like Amazon

Rarely ever do we purchase large items from a place that does not have delivery and setup in our home. I typically always check the weight of an item to make sure that, if it is larger, that we can physically carry/bring it into our home. Otherwise it just isn't worth it. It may have been okay when ...
by OnTrack2020
Thu Mar 15, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Check, deceased payee
Replies: 15
Views: 1474

Re: Check, deceased payee

The POA is no longer valid once your mother passed.
by OnTrack2020
Thu Mar 01, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Move or renovate?
Replies: 19
Views: 1317

Re: Move or renovate?

Hi I’m always impressed with the collective wisdom on this board and would like to tap into that resource. My existing home is nice but dated. When contemplating all the work we’d do to update (new floors throughout, updates to bathrooms, new paint, etc) I’m probably looking at 100k into a house cu...
by OnTrack2020
Wed Feb 28, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Will my lax approach to record keeping fly in an audit?
Replies: 40
Views: 3859

Re: Will my lax approach to record keeping fly in an audit?

We have been audited; it was a mail audit. We had to provide documentation for a credit we took, and the IRS held back the amount of the refund for the credit we took. It was during the time that Lois Lerner was at the helm of the IRS. On a forum that I was a member of, which is now defunct, many ot...
by OnTrack2020
Fri Feb 16, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 7070

Re: How to get child's skin in the game for college?

So the issues are 1. How can a child of high earning parent get a student loan if necessary? 2. How to hold child accountable for the grades / performance to justify the free ride for college? Thanks Some harsh advice / feedback: 1) . You should feel lucky you are a high earner. You want a loan in ...
by OnTrack2020
Fri Feb 16, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 7070

Re: How to get child's skin in the game for college?

Hello, I have two different issues that I need help with. Our dd is 17 and has already secured admission in local public university and will start college in Fall 2018. We have about 3.5 years of her undergrad tuition+room&board saved as of today. My husband wants to only pay 3 years of her college...
by OnTrack2020
Mon Feb 12, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question on reporting stock/ETF/mutual fund dividends
Replies: 5
Views: 240

Re: Question on reporting stock/ETF/mutual fund dividends

Our accountant lists each separately; probably easier due to if we sell any in future years.

Also, if we are "missing" a fund from last year, it's easy to point it out if each fund is listed individually.
by OnTrack2020
Mon Feb 12, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6170

Re: Accountant not doing taxes while you are there

I take all our paperwork in and sit down with our CPA for an hour. She asks me questions; I ask her questions. She runs through the numbers on paper and tells me what we will owe/get owed and also goes over any changes we should making in the future. They have a small staff that enters the numbers. ...
by OnTrack2020
Mon Feb 12, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 29
Views: 2278

Re: How much life insurance - and for how long?

You know what your purpose is in buying life insurance---a, b, and c. Now figure out how much a, b, and c would cost. "a" is your mortgage - $108,000 "b" is child care - will probably be needed up until age 12. What does child care run--$1,000 per month per child? "c" is financial support for guardi...
by OnTrack2020
Thu Feb 08, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: HSA...let me get this straight
Replies: 36
Views: 3873

Re: HSA...let me get this straight

Do I need to keep cancelled checks made to the provider, or will just the EOB suffice?
by OnTrack2020
Thu Feb 08, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: HSA...let me get this straight
Replies: 36
Views: 3873

HSA...let me get this straight

This is the first year we have an HSA. We are in our mid- and late- 50s. So, for any medical claims/bills, if we want to, we can pay out of pocket. Then, at a later date, several years down the road, we can be reimbursed for those medical expenses we are currently incurring today/this year/next year...
by OnTrack2020
Fri Feb 02, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Term insurance premiums: buy now or wait a year or two
Replies: 23
Views: 899

Re: Term insurance premiums: buy now or wait a year or two

Do you have dependents? A mortgage? Debts?
by OnTrack2020
Fri Feb 02, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Is it advantageous to have kids in college simultaneously from an aid perspective ?
Replies: 14
Views: 643

Re: Is it advantageous to have kids in college simultaneously from an aid perspective ?

We have two in college--a sophomore at a private university and a freshman at a more expensive community college. Both live on campus. I have seen no advantages from an aid perspective. They are willing to offer loans, which we simply are not interested in at this point. Would there have been more ...
by OnTrack2020
Fri Feb 02, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Is it advantageous to have kids in college simultaneously from an aid perspective ?
Replies: 14
Views: 643

Re: Is it advantageous to have kids in college simultaneously from an aid perspective ?

We have two in college--a sophomore at a private university and a freshman at a more expensive community college. Both live on campus. I have seen no advantages from an aid perspective. They are willing to offer loans, which we simply are not interested in at this point.
by OnTrack2020
Wed Jan 31, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Disney visit
Replies: 28
Views: 3629

Re: Disney visit

Both times we've been we stayed on property. We've stayed at Old Key West (on property) and it had a full kitchen in their two-bedroom villa. There are other resorts on-property that also have kitchens. There are online grocers who will deliver groceries to you. That may be a way of cutting the cost...
by OnTrack2020
Sun Jan 28, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: An Assistant to Help And Not an Employee?
Replies: 10
Views: 1160

Re: An Assistant to Help And Not an Employee?

This sounds like an employee based upon the duties you are describing.
by OnTrack2020
Sun Jan 28, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 16664

Re: Dear wife quits job and now we are down to 1 income

Monthly Expenses: Mortgage, Taxes, Insurance = 1896 Electric =135 Cable, Internet, Alarm = 165 Water = 80 Cell (2 phones) = 86 Car Insurance (2 cars) = 167* Gas = 200 Car Maintenance (Unforeseen)= 75 Lunch and take out = 250 Groceries = 500 Sons formula, diapers, etc = 450 New Health Insurance cost ...
by OnTrack2020
Fri Jan 19, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Contacting store after urgent care visit?
Replies: 21
Views: 2602

Re: Contacting store after urgent care visit?

How old is your daughter? If she is of legal age, then I believe she should be the one making the phone call. If she's too embarrassed to make the phone call or go back to the store, then that is her decision. I would not expect them to pay the bill--to correct the problem of the splinters on the be...
by OnTrack2020
Mon Jan 08, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: criticize my portfolio
Replies: 7
Views: 650

Re: criticize my portfolio

Right off the bat, the VG HC Fund is a sector fund that is actively managed. That's not a bad thing---I used to have this fund and loved it. But as I've grown older, it's just too narrow in scope for me; I needed less risk. You don't mention how old you are---in your 20s or 50s?
by OnTrack2020
Mon Jan 08, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Private vs. Federal Student Loans?
Replies: 8
Views: 403

Re: Private vs. Federal Student Loans?

I cannot answer about the product differences; however, the student loans are disbursed at the beginning of each semester (1/2 at the beginning of the Fall semester; 1/2 at the beginning of the Spring semester).
by OnTrack2020
Mon Jan 08, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4263

Re: Early Retirement Math - What I am not thinking of?

I'm assuming funds for your child's education have been factored into this; I have no idea how much costs for education are in your home country.
by OnTrack2020
Tue Jan 02, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 2699

Re: College scholarships: How much should I pencil in for my future students?

Many folks have suggested that their child might get a scholarship, so they save less for their child's college education. I'm wondering if any parents of college age students can shed light on the availability of scholarships today for future college students. (I'm not conducting a poll, so please...
by OnTrack2020
Sat Dec 30, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: New Job Offer Dilemma
Replies: 20
Views: 1747

Re: New Job Offer Dilemma

You have basically 1-1/2 months off with your current company. I would stay. Not many people have this generous amount of time off.

If the company you are considering is bought out, is there a chance that the position you would be taking would be eliminated?
by OnTrack2020
Fri Dec 29, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Applying for financial aid with high income
Replies: 50
Views: 3305

Re: Applying for financial aid with high income

To OP: not taking into consideration the FAFSA, would it help to think about the $150,000 your son has for 2 years of college, and instead think about dividing it up for 4 years, so now he has $37,500 for each year. That would leave you/him having to come up with the other $37,500 per year. Will he ...
by OnTrack2020
Thu Dec 28, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for financial aid with high income
Replies: 50
Views: 3305

Re: Applying for financial aid with high income

Quite frankly, I don't see how you will even be eligible for a grant. Our older son is at a private university--he receives $20k in scholarships; our younger son is at a community college; plus we have two other teenagers at home. We make much less than you, have less in non-retirement accounts, do ...
by OnTrack2020
Thu Dec 28, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: General question on college savings
Replies: 60
Views: 2762

Re: General question on college savings

We've never opened up any 529 plans. What we did do was put away $100 per month when our kids were younger into taxable accounts (separate taxable accounts for each kid, and we still have 2 in high school that we put money away for). We are now drawing from those taxable accounts, taking some divide...
by OnTrack2020
Thu Dec 28, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Sell some taxable to contribute to traditional IRA?
Replies: 8
Views: 686

Sell some taxable to contribute to traditional IRA?

Traditionally, we do not contribute the max to a tIRA for me. Is it wise to sell some dollars in our taxable account to make a contribution to the tIRA?
by OnTrack2020
Sat Dec 16, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Out of Network question
Replies: 37
Views: 2578

Re: Health Insurance Out of Network question

We've had a situation where our daughter had surgery on a recurring basis, and we were at the mercy of who they assigned to her. We had no control over the situation. In that case, we could either send an appeal to our insurance company. If the insurance company denied the appeal, the provider typic...
by OnTrack2020
Sun Dec 10, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 13687

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

There is so much wisdom on this site, I’m hoping to tap into it yet again. My DH and I have been married for 10 years and have one DD, age 8. Although we have plenty of advantages (both college educated, good jobs, etc) we still are what I would call bumbling through life and rudderless. Part of th...
by OnTrack2020
Wed Dec 06, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 267
Views: 19422

Re: Do people still use AAA?

Yes, and in our area, they contract with local people. We've been members for years--and now that our kids are of driving age, we added them on. Our son recently pulled over because a lot of smoke was coming into the inside of the vehicle, so we had it towed. The paperwork process on AAA's side has ...
by OnTrack2020
Mon Dec 04, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 6329

Re: It's that time of year again... buying christmas gifts

We budget by having money automatically deducted from husband's paycheck which goes into a Christmas club account. It's not an enormous amount, around $1,000---but always gets spent. This method has served us well over close to the past two decades. Husband and I do not exchange gifts anymore. We wi...
by OnTrack2020
Fri Nov 24, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: Car on last legs - need advice on transferring tag ...
Replies: 20
Views: 1162

Re: Car on last legs - need advice on transferring tag ...

I'm confused....when we purchased a new car, the dealer put an in-transit sticker in the window. We were not trading in though. However, when I went to the courthouse to register the vehicle, the woman told me that if we were trading in, we could take our old plates/tag and put them on the new vehic...
by OnTrack2020
Fri Nov 24, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: CAR: Buy new, buy used (2016), lease new
Replies: 56
Views: 3335

Re: CAR: Buy new, buy used (2016), lease new

We were able to get a 2016 (new----had twenty miles on it) vehicle at a fairly decent discount, plus we still had the warranty. You might find one on a dealer's lot that never sold from that year. I'm not sure I would lease.
by OnTrack2020
Thu Nov 23, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Should we buy term life insurance?
Replies: 24
Views: 2629

Re: Should we buy term life insurance?

We bought 15-year level term policy/ies when our children were babies. You have "older" children. We purchased our policies to get our children to their teen/late teen years where they would be working at least part-time by then and fairly self-sufficient, but not to get them through college as we f...
by OnTrack2020
Tue Nov 21, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: How much longer do I need life insurance?
Replies: 19
Views: 1476

Re: How much longer do I need life insurance?

We bought a couple of 15-year level term policies when our boys were young (around age 1 or 2). We also have two teen daughters. After the 15 years went by, the premiums increased. I'm with the OP here. You can plan and plan and plan. However, the policies that we bought when our boys were young had...
by OnTrack2020
Tue Nov 21, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 13285

Re: Help DW gets fired, but then next day her boss offers her job back

My guess is that there may not be enough money to pay her possibly, therefore the request of the 25% pay cut??
by OnTrack2020
Tue Nov 21, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 13285

Re: Help DW gets fired, but then next day her boss offers her job back

Does she like her job? Does she want to return? So, let me get this straight...the boss just let your wife go, and now the boss is going to let her replacement go also? Sounds very unstable.... Maybe if wants to return, she should negotiate a reduction in hours worked per week and ask to keep the in...
by OnTrack2020
Mon Nov 20, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Do you record customer service interactions?
Replies: 23
Views: 1432

Re: Do you record customer service interactions?

You bet. I typically write down name, date, and what the outcome is. I remember a long time ago, I had to call the same company back and when I told them the name of the person that I spoke to, they told me they had noone there by that name--and the name was a very simple name, so it wasn't as if I ...