Search found 33 matches

by cashisking500
Thu Oct 19, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 42
Views: 2891

Re: Wife New Car Recommendations - SUV

Absolutely go with the Mazda CX-5. Tons of options for the price point (plus great performance). Solid vehicles and I don't see my wife and I owning anything else but a Mazda moving forward.
by cashisking500
Tue Oct 10, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Wifi Thermostat
Replies: 55
Views: 3678

Re: Wifi Thermostat

I have the Ecobee 3 (self-installed) and it works great. It provides run time reports, etc. online once you set up your account.
by cashisking500
Thu Oct 05, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3170

Re: We're Debt Free (Except our House)!

Thanks all! We're really excited!
by cashisking500
Wed Oct 04, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3170

Re: We're Debt Free (Except our House)!

Congrats, much of the american population would love to achieve your current status and building blocks for the future. Assuming that your mortgage rate is low and that the mortgage interest deduction survives tax "reform", then I would personally keep my mortgage and focus on taxable investments o...
by cashisking500
Tue Oct 03, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3170

Re: We're Debt Free (Except our House)!

Congrats!! Suggest putting that money into long term savings. $24k per year is real money! Or if you feel good about where you are and your path, allow yourselves to grow into the cash flow *just a little bit*. Maybe increase your discretionary budget $250 or $500 a month and save the rest. Really ...
by cashisking500
Tue Oct 03, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3170

Re: We're Debt Free (Except our House)!

Congrats on paying off the debt. Do you enjoy your job enough to do it for a really long time? If not, you can bump the savings rate up and shave many years off your working life. I do enjoy it a lot. It's basically my dream job. That being said, bumping up the savings rate is never a bad idea. Tha...
by cashisking500
Tue Oct 03, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3170

We're Debt Free (Except our House)!

First off, thanks to everyone on the forum. Reading how many of you have found success with your finances is inspiring. It has really helped my wife and I with our journey. I feel kind of weird bragging about this to anyone else outside of BH, so I'm excited to share that we are debt free except for...
by cashisking500
Wed Aug 09, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital - Questions about the "Cash Flow" feature
Replies: 23
Views: 2013

Re: Personal Capital - Questions about the "Cash Flow" feature

I just use it as a tool to track net worth and keep a handle on account balances. I typically ignore the expense/income info.
by cashisking500
Wed Aug 02, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Investing after retirement contributions are met
Replies: 4
Views: 424

Investing after retirement contributions are met

Once you're comfortable with the amount you're investing for retirement (i.e. 401K, Roth IRA or Traditional IRA), where do you invest next? I've heard about REIT's, single stocks, taxable investment accounts and even buying up loans through Lending Club, etc. Just curious, where do you invest? Does ...
by cashisking500
Mon Jul 24, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Company Vehicle - What would you do?
Replies: 23
Views: 1369

Company Vehicle - What would you do?

Hello, I was recently fortunate enough to be assigned a company vehicle with my position, but it leaves me with an interesting situation regarding my personal vehicle. My personal vehicle which I still owe 10K on at 0.9%, is sitting a lot more these days. Should I consider selling it? I would likely...
by cashisking500
Wed Jun 07, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 8681

Re: Dave Ramsey Financial Peace University ??? worth it?

Dave is a behavior coach and has successfully brought that mentality into personal finance advice. I don't think it's fair to call it a scam. Five years ago, we were disorganized with our money. We started listening to and mostly following Dave Ramsey's advice. It changed our habits and we can draw ...
by cashisking500
Mon May 15, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Online Mortgage For Lower Rate?
Replies: 10
Views: 1512

Re: Online Mortgage For Lower Rate?

We are in the process of refinancing to a 20 year mortgage. This is our first experience with an online lender and it has been extremely smooth thus far (knock on wood!). It seems they're typically able to go a bit lower on rates, fees, etc. than the brick and mortar banks, and for me that was worth...
by cashisking500
Tue May 09, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Re: Are we doing better now?

With our maxed out Roths and with current 401K contribution rates, we are sitting at 15% of gross monthly income going towards retirement. Obviously, more is better, but is 15% considered not enough? Depends on how much you already have saved, and at what age you'd like to be financially independen...
by cashisking500
Tue May 09, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Re: Are we doing better now?

I wouldn't be in a hurry to pay off the car loans. You seem to have them under control. Total interest for each is probably around $1200 or so, plus/minus. I think your 401k contributions could be much higher, like 10% minimum. That's where the cash savings could be put to use to cover any cash flo...
by cashisking500
Mon May 08, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Re: Are we doing better now?

I would max your HSA first. Then at your tax bracket, max 401k before ROTH. I wouldn't be in a hurry to pay off either car note as long as you are not blowing the money since they are pretty cheap and inflation is rising. There are many strategies out there and differing opinions so do your researc...
by cashisking500
Sun May 07, 2017 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Re: Are we doing better now?

Thank you all!

I will get this car loan paid off very soon!
by cashisking500
Fri May 05, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Re: Are we doing better now?

Thank you for the feedback everyone! Meg - I just enrolled in our company HDHP this year for the first time. Previously was on a PPO. Hey there! You are certainly doing better, but there is always room for improvement of course. 1. I would definitely go ahead and pay off Car #2. No reason to wait, e...
by cashisking500
Fri May 05, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3109

Are we doing better now?

Hello! At the end of last year, I put the info below out there and asked you to give us a grade. You all were great in responding. Today, we have made some changes based on your advice and I just want your affirmation that we're doing the right thing and heading in the right direction! Thanks. Old S...
by cashisking500
Fri Apr 28, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Home Refinance Question
Replies: 7
Views: 660

Re: Home Refinance Question

Thanks for the reply. And I agree JohnFiscal. Mortfree, no unfortunately we don't have enough cash available to bring and not have to pay the PMI. We've had the mortgage for a little over 2 years. We could theoretically "afford" the 15 year mortgage, but it stretches us a little further th...
by cashisking500
Fri Apr 28, 2017 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Home Refinance Question
Replies: 7
Views: 660

Home Refinance Question

Hello, I would like to get Bogleheads feedback on a refinance of our mortgage. Currently, we are on a 30 year, fixed rate 4.55% mortgage with lender paid PMI. P&I is $945. We originally had a $185,500 mortgage We have the opportunity to refinance to a 20 year, 3.625% fixed rate for $1049 per mon...
by cashisking500
Wed Apr 05, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K or Traditional 401K?
Replies: 21
Views: 1179

Re: Roth 401K or Traditional 401K?

cheese_breath wrote:What is your tax bracket?


25% currently
by cashisking500
Wed Apr 05, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K or Traditional 401K?
Replies: 21
Views: 1179

Roth 401K or Traditional 401K?

Hi, I'm looking for Boglehead advice on this one. I have been investing in my company regular 401K (5% with a match of 5%) for several years now. I currently have a balance of $55,000 in it. I recently learned that the company is now offering a Roth 401K option as well. Should I consider moving my i...
by cashisking500
Fri Mar 31, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help! How are we doing?
Replies: 15
Views: 1505

Re: Help! How are we doing?

Hi All, Just a quick follow up to my old post here. We are making progress! Since my post in December, my wife and I are both now fully funding Roth IRA's, we are paying extra towards our car loan debt and we have a savings account/e-fund with $24,000. Thank you all for your help. We will keep pushi...
by cashisking500
Wed Mar 08, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: 5k-10k to invest. What should I do?
Replies: 6
Views: 896

Re: 5k-10k to invest. What should I do?

Thank you for all of the great advice!
by cashisking500
Tue Mar 07, 2017 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: 5k-10k to invest. What should I do?
Replies: 6
Views: 896

5k-10k to invest. What should I do?

Hi Bogleheads! Later this year we will have somewhere between 5-10k to invest somewhere. One thought is to top off my wife's Roth IRA. This would be about $3,500 to do so. My Roth is maxed each year.

What are some other investment strategies with this size sum of extra cash?

Thank you.
by cashisking500
Wed Jan 11, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1889

Re: 2017 Goals...What should we do?

Thanks Ace. What your proposing is what I'd like to do. I am struggling with taking our EF down to $8,000 to pay off a 0.9% car loan though. Paying this car off frees up $300 a month, which ironically, if put towards my wife's Roth, allows it to be maxed out at $458 per month. Maybe I'm just being u...
by cashisking500
Tue Jan 10, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1889

Re: 2017 Goals...What should we do?

Thank you everyone. Appreciate the feedback received thus far.

Yes I have read TTMM. I am not a fan of running our savings all the way down to $1,000 though. Seems crazy to do so.
by cashisking500
Tue Jan 10, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1889

Re: 2017 Goals...What should we do?

I'm on board with putting more towards the mortgage, just not sure if that should happen now or wait until cars are paid off? We are not maxing out retirement. Currently 5% towards 401K (w/ 5% match), wife 3% towards 401K (w/ 3% match), I'm maxing out Roth IRA and wife is putting $150 per month towa...
by cashisking500
Tue Jan 10, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1889

2017 Goals...What should we do?

Hi Everyone, I'm looking for some input on what to do next. Two financial goals at the top of my list for 2017 are to pay off my car and to get my wife and I in position to contribute 15% of gross income to retirement each month. Currently, we have $20,000 in savings (EF). We have two car loans (our...
by cashisking500
Mon Jan 09, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 18813

Best Financial Moves You've Made

I'm going to assume that most folks on Bogleheads are above average in terms of how they handle their finances. To help some of the newbies (including myself), what are the best financial decisions you've made that have allowed you to be where you are today? (i.e. eliminate debt, particular investme...
by cashisking500
Fri Dec 02, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help! How are we doing?
Replies: 15
Views: 1505

Re: Help! How are we doing?

Thanks everyone! Great feedback! So, a few follow-up questions: 1. Should we consider using our Cash Savings/EF to pay off one of the cars immediately? 2. For retirement, I have always heard the Dave Ramsey 15% of gross earnings...is that what we should aim for? 3. Should we focus on clearing the ca...
by cashisking500
Fri Dec 02, 2016 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help! How are we doing?
Replies: 15
Views: 1505

Help! How are we doing?

I'm hoping the Bogleheads can let me know how my wife and I are doing with our personal finances. Give us a grade! We are both 33 years old, employed full-time, no children. What can we improve on, given the situation below? Combined take home pay is $6,400 per month Mortgage: $180,000 left, 28 year...