Search found 363 matches

by Wellfleet
Thu Jun 22, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: New Baby - Wife stay at home for 1 year?
Replies: 41
Views: 3011

Re: New Baby - Wife stay at home for 1 year?

We did it and you are much better off than I was. I was making $65k at the time, spouse $50k and renting $1,700 month apartment.

A year is a nice middle ground for those who are resistant to leave the workforce, have the option to, and obviously extend far beyond the 8-12 week standard.
by Wellfleet
Mon Jun 19, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: New Septic System for my Parents
Replies: 10
Views: 747

Re: New Septic System for my Parents

In this case, I would think it's safest to first contact an engineer for a quote to assess the property. Once the assessment is complete and we know exactly what has to happen, we can bid the job out to a variety of contractors. I would prefer to have an independent engineer working for me who woul...
by Wellfleet
Mon Jun 19, 2017 11:39 am
Forum: Personal Consumer Issues
Topic: New Septic System for my Parents
Replies: 10
Views: 747

Re: New Septic System for my Parents

The first thing I would research is what their municipality has in it's regulations regarding replacing septic systems. My village is very specific on what can and can not be done. If you are replacing an existing "failed" system, the regs are fairly onerous. Yes, county or town/city sani...
by Wellfleet
Fri Jun 09, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4188

Re: (Very) Early Retirement vs Parenthood

I have children and love them but I would not put any one down for making a decision to not have children themselves. They are alot of work!
by Wellfleet
Thu Jun 01, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Fidelity 2000 'bonus points'
Replies: 32
Views: 2155

Re: Fidelity 2000 'bonus points'

Johnny Thinwallet wrote:I think it's real.

I got the same offer today. Here's the kicker, though: the amount of mine is different than your amount. I only have to spend $1,850 to start accumulating toward the bonus points.


$3200 for me.
by Wellfleet
Mon May 08, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to start a scholarship?
Replies: 9
Views: 917

Re: How to start a scholarship?

I'm involved with a couple of professional associations and they just make a committee, solicit applications and make an award to whomever they choose. For a possibly more legitimately route, you might contact a local high school's guidance department, I'm sure they would help organize it. I was the...
by Wellfleet
Mon May 08, 2017 8:38 am
Forum: Personal Consumer Issues
Topic: College Reunion Vacation
Replies: 13
Views: 801

Re: College Reunion Vacation

With families, toddlers, kids, and whatever, I would suggest that you all don't rent a large beach house. Instead, find a beach complex that has multiple condominiums in the same building that also has a swimming pool. There are several advantages to this: This is a great suggestion. I agree with a...
by Wellfleet
Mon May 08, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: College Reunion Vacation
Replies: 13
Views: 801

Re: College Reunion Vacation

What kind of vacation are you looking for? Partying, going out? Or, quiet hanging out? Spouses or kids coming on the trip or not? Yes, forgot that key detail. :oops: Spouses and kids, toddlers being the oldest would be coming so a big beach or lake house would be perfect where we can hang on the be...
by Wellfleet
Sun May 07, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: College Reunion Vacation
Replies: 13
Views: 801

College Reunion Vacation

My friends and I are kicking around the idea of renting a beach house for a long weekend in the summer of 2018 as a college reunion of sorts. Most of us live in the Northeast and are familiar with Cape Cod, New Hampshire, Maine and wouldn't mind something a bit cheaper and a change of scenery. The o...
by Wellfleet
Fri May 05, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Mazda vs. Ford
Replies: 40
Views: 2892

Re: Honda vs. Mazda vs. Ford

OP, from previous posts I see that you are in sales. Any chance of a company car in the near future? We see a number of posters on here who find themselves with a late model car and company car and not sure what to do. Hate to see you buy a new car when a company car could be in the future.
by Wellfleet
Fri May 05, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Incentivising Kids
Replies: 22
Views: 1503

Re: Incentivising Kids

The big themes I've seen on here is really not to focus on money but to build a well rounded child where one outcome is that they are prepared to earn and manage money.

You might consider Richard Scarry's What do People Do All Day: https://www.amazon.com/What-Do-People-A ... 0394818237
by Wellfleet
Thu May 04, 2017 1:20 pm
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 4181

Re: Buying first home with old hvac

I bought a 47 year old house and built assumptions for these expected needs into my offer price. Based on my tour during the open house, I assumed that it needed a new roof, boiler, some level of plumbing/electrical, paint and some other stuff. So essentially my willingness to pay was the price plus...
by Wellfleet
Thu May 04, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payment Question
Replies: 6
Views: 525

Mortgage Payment Question

The way my online loan servicing works for my mortgage is that I transfer 25% of the mortgage payment weekly to my credit union's savings account and then make the full mortgage payment a few days before the due date. I have direct deposit at another bank. It seems possible that I could just pay my ...
by Wellfleet
Thu May 04, 2017 9:08 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24656

Re: Where to Live on $60K or Less a Year?

Mass not being a low tax state is an understatement. Also realize that Western Mass gets almost nothing from the state legislature in terms of roads, economic development, etc. Property tax rate in Amherst is $21/$1000. Could find a comparable place 20 miles north in NH with no income tax or sales ...
by Wellfleet
Wed May 03, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24656

Re: Where to Live on $60K or Less a Year?

One town outside Amherst Massachusetts, home of University of Massachusetts and Amherst College. Believe it or not. In a valley so mostly avoids snowstorms that pound eastern Massachusetts. Winter cold is certainly main downside but fills almost all other characteristics. Bradley airport 1 hour away...
by Wellfleet
Fri Apr 28, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: A Game of "Who is responsible"
Replies: 45
Views: 2930

Re: A Game of "Who is responsible"

If you hope to maintain a good relationship with the plumber for future work, pay up and move on.

If you don't care, fight the good fight.

I'd pay to make it go away.
by Wellfleet
Fri Apr 28, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Buying car remotely (from TX) for family in MN
Replies: 1
Views: 230

Re: Buying car remotely (from TX) for family in MN

For a new car, I would do the recommended email bidding with 3-5 dealers and then direct your family to show up with a check at the winner bidder's dealer. Given that you are suggesting a used car, I think CarMax would be the minimal amount of hassle, and OK but maybe not super great price.
by Wellfleet
Fri Apr 28, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Boglehead Ideas for College Graduation Gifts
Replies: 14
Views: 1220

Re: Boglehead Ideas for College Graduation Gifts

I was given a business type leather shoulder briefcase (not sure exactly what it called). I used it for almost 10 years for my first jobs. It was a great gift and only stopped using it because it was falling apart. I would have never thought to buy one as a college graduate and it's been much better...
by Wellfleet
Sun Apr 23, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 3532

Re: how much house can we afford? Boston area.

With your income, you could buy a 5000+ sq ft new home in a lower cost, higher quality of life location. We call this moving "out to 495" in Massachusetts. :happy OP, it definitely matters what your profession is and where the job centers are. If you for see needing to commute to Boston f...
by Wellfleet
Fri Apr 21, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Child's Debt Consolidation
Replies: 14
Views: 2053

Re: Child's Debt Consolidation

You might consider a carrot if you would like to help financially like matching a ROTH contribution or something like that.
by Wellfleet
Wed Apr 19, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child lack of availability at tax time.
Replies: 24
Views: 2066

Re: Adult child lack of availability at tax time.

corysold wrote:I think letting the IRS contact him is a great idea.

He is an adult. Unless he is a mental state where he actually needs your help, you should stop providing it. Doing your adult sons taxes is doing him no favors.


+1
by Wellfleet
Tue Apr 18, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Boston Marathon - Hotel Plan?
Replies: 29
Views: 3832

Re: Boston Marathon - Hotel Plan?

I'd try to find out where the shuttles depart that will bring you to the race start and find something easily accessible to that. For instance, I heard on the radio yesterday that some shuttles were departing from a part of the city that isn't really near the race finish so I'd suspect that hotels w...
by Wellfleet
Tue Apr 18, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 5360

Re: Can I afford private school for my kids?

We have also found that their small private school is more diverse in every way than our highly rated public schools. This is an interesting statement I'm having a hard time wrapping my head around. Me too, I find that hard to believe ^^. At least in New England, schools are organized by municipali...
by Wellfleet
Mon Apr 17, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Any MPA Grads or Students? Advice.
Replies: 10
Views: 1184

Re: Any MPA Grads or Students? Advice.

Beyond what an old friend is up to, think about jobs you would like to have at some point and determine what the qualification are to get that position. Are there certifications that you can get that serve the same purpose, etc? Try looking on indeed.com and insert the qual you have to see how many ...
by Wellfleet
Mon Apr 10, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Overextending by buying? How much house to buy?
Replies: 57
Views: 5059

Re: Advice: Overextending by buying? How much house to buy?

At the risk of repeating others, are you concerned about being locked into one employer for 20 years?
by Wellfleet
Mon Apr 10, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Help me decide what to do with my cars
Replies: 34
Views: 1753

Re: Help me decide what to do with my cars

bearpaws wrote:
gator15 wrote:Do you live in the Midwest? I need a commuter car. That civic would be great.



nope sorry :happy


I sometimes think that a BH classified section would be a great idea although agreeing on prices would be a bear. :happy
by Wellfleet
Fri Mar 31, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 9418

Re: What career helped you become wealthy?

Hey Bogleheads, Just curious as to some of the more popular professions around the board that have provided healthy sources of income to lead you to wealth? For instance, I'm only 24 and a recent grad but am in IT sales. Does anyone trade/invest for a living? OP, I think you are in an excellent pro...
by Wellfleet
Thu Mar 30, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 3668

Re: Boston apartment hunting advice/can I afford a studio?

An agent and a realtor is the same thing when looking for an apartment rental in Boston.

I would say that despised dealing with them.
by Wellfleet
Wed Mar 29, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 10727

Re: Not opting for 529... anyone else?

Jack FFR1846 wrote:I opened my first 529 and funded it using the bonus on the Fidelity card plus some money otherwise.


This is what I do too. Miscellaneous small gifts (~$100) from grandparents go in it too.

Plan to use ROTHS and cash flow when the time comes.
by Wellfleet
Tue Mar 28, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Realtor vs MLS Listing Service
Replies: 13
Views: 859

Re: Realtor vs MLS Listing Service

cbr shadow wrote: The home will also be unoccupied, so I’m motivated to sell it as quickly as possible.
-Ryan


Have you considered auctioning it if you want it sold ASAP? Might save on the commissions but I have no idea what an auctioneers commission is.
by Wellfleet
Tue Mar 28, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 3668

Re: Boston apartment hunting advice/can I afford a studio?

How frequently do you need to drive for work? Enterprise was very convenient for me when I was carless living in Boston for 10 years renting. I really have a tough time recalling any friends or acquaintances with similar incomes at that age who could afford a studio in Boston. I also suggest reconsi...
by Wellfleet
Fri Mar 17, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: (Updated Again- Happy Ending) Issue With Contractor. What to do?
Replies: 56
Views: 5833

Re: (Updated)Issue With Contractor. What to do?

I would request all of my monies be returned in exchange for not posting negative online reviews or taking legal action. Then have the work inspected and repaired accordingly. And as a general contractor, I agree that this was very inexpensive for the scope of work. I agree with recommendation. It ...
by Wellfleet
Fri Mar 17, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Overextending by buying? How much house to buy?
Replies: 57
Views: 5059

Re: Advice: Overextending by buying? How much house to buy?

I don't have your income but seems to me like these sweeteners distract you from the big picture. It's like saying, oh we will now have a washing machine if we buy a house and won't need to go to the laundry and will have $100 a month more to devote to the mortgage! Its funny math that doesn't help ...
by Wellfleet
Fri Mar 17, 2017 2:11 pm
Forum: Personal Consumer Issues
Topic: Oh Baby, Baby - End of new car purchase story
Replies: 7
Views: 2086

Re: Oh Baby, Baby - End of new car purchase story

Yes, many thank yous to Bogleheads who have saved me thousands purchasing cars, houses, investments, organic rice :happy
by Wellfleet
Thu Mar 16, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: How do you cope with regret over selling too soon?
Replies: 57
Views: 3561

Re: How do you cope with regret over selling too soon?

What if you had 2,000 shares of Blackberry, Enron, Pets.com, etc.?

I should've bought apple @ $10 a share when we were the only people around with Macs in the 90's.

No regrets! :happy
by Wellfleet
Wed Mar 15, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 10502

Re: $464.12 dinner bill last night. No regrets.

Great story. It's hard to find ways to pay back those who we "owe" but this experience sounds excellent.
by Wellfleet
Wed Mar 15, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: What to do with $100???
Replies: 78
Views: 5808

Re: What to do with $100???

Get a cheap lunch and leave a giant tip. It will make someone's day.
by Wellfleet
Tue Mar 14, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing car in May. Get 1st CC now or wait? (720+ score)
Replies: 12
Views: 780

Re: Leasing car in May. Get 1st CC now or wait? (720+ score)

Hmm, Toyota's current lease deals for its 2017 models run around $200+. Haven't seen anything much lower for them. Were those ads from other dealers? My point is that I would think that cheap leases would be made available to a variety of people with credit lower than 720 and that you shouldn't be ...
by Wellfleet
Tue Mar 14, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing car in May. Get 1st CC now or wait? (720+ score)
Replies: 12
Views: 780

Re: Leasing car in May. Get 1st CC now or wait? (720+ score)

Based on the ads I see for $50 or $100 leases per month I can't imagine that one would need a very high credit score to qualify and I would think that any hit you would take on a 720 score related to applying for a credit score would be negligible.
by Wellfleet
Thu Mar 09, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3437

Re: Sizing a ductless min-split for basement

Wow, heard of these but never knew anyone who actually, installed - how did you determine to go with a floor unit vs. wall? Mostly the look. Our family's supreme allied commander (not me) did not like the wall mounted look in a high traffic room. Mitsubishi offers one too but no installer had exper...
by Wellfleet
Thu Mar 09, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3437

Re: Sizing a ductless min-split for basement

We had a Fujitsu AOU15RLFFH floor unit installed in our kitchen/dining room, first floor with condenser and drains through walkout basement. We installed primarily for cooling and shoulder season heating. Took a few minutes of discussion with installer once we had finished basement ceiling opened up...
by Wellfleet
Thu Mar 09, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3437

Re: Sizing a ductless min-split for basement

We just had one put in yesterday. Don't forget about the condensate drain location. It will need to gravity flow to drain or outside or be pumped.
by Wellfleet
Tue Mar 07, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 6004

Re: Advice on relocation or staying put

WildBill wrote:
Now that I wrote this I think I might do it myself. Texas summers suck.



Yes, I talked myself right out of living in Massachusetts.
by Wellfleet
Tue Mar 07, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Sizing a ductless min-split for basement
Replies: 58
Views: 3437

Re: Sizing a ductless min-split for basement

I would keep looking until an installer can mention the Manual J and that they will be doing one to size correctly. I had 2 "recommended" installers make wild guesses about what I needed and one that ran the Manual J before making their recommendation. They were hesitant to share it with m...
by Wellfleet
Mon Mar 06, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 8180

Re: How much do you spend on food in a year?

I'm always surprised when people say they go out to dinner and spend $30 for 2. Do most people consider eating out going to Applebees? I have no interest eating at those types of restaurants. I like nice restaurants as much as the next person but price does not equal quality. I actually find it fai...
by Wellfleet
Mon Mar 06, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 8180

Re: How much do you spend on food in a year?

$12,000 last year inclusive of groceries ($9500) restaurants ($2500) for family of 3 including 1 small child. This mostly excludes household products and diapers.
by Wellfleet
Mon Mar 06, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 6004

Re: Advice on relocation or staying put

I live in the area you are talking about. What is your estimated house budget? I think someone posted on Bogleheads at one point that the Interstate 495 area in Massachusetts is more of medium-cost than high cost area to live. I like Massachusetts as much as anyone but I'd give Richmond, VA some con...
by Wellfleet
Fri Mar 03, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I save enough to have decent vacation or restaurant meal
Replies: 125
Views: 12058

Re: Why can't I save enough to have decent vacation or restaurant meal

It's definitely about priorities and some good luck like avoiding major illness, job loss, etc. I have three family/friends who I admire financially. None ate ramen for the last 40 years or avoided going out but did choose to avoid some of the trappings related to their upper middle class/upper clas...
by Wellfleet
Thu Mar 02, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How Much to Stretch for "Forever Home"
Replies: 42
Views: 4211

Re: How Much to Stretch for "Forever Home"

I agree with this which is why my rule of thumb for how much house I can afford has always been take the lesser amount of what I think I can afford and what the bank says I can afford and divided by two. I don't spend more than that amount. When I was looking for a mortgage, I didn't ask the bank h...
by Wellfleet
Wed Mar 01, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Family Hounding me to Purchase SUV or Minivan
Replies: 61
Views: 4380

Re: Family Hounding me to Purchase SUV or Minivan

I am confused:
PlagueOnWheels wrote:Ford Fusion! My 2007 has over 220,000. Great car, the 2017's have a beautiful body style.

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