Search found 30 matches

by t60
Mon Apr 24, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home in the Bay Area
Replies: 25
Views: 2086

Re: Buying a home in the Bay Area

I lived and worked in technology jobs in the Bay Area from 1975 - 2000. I bought my first home in Saratoga: purchase price $54,000, sales price $78,000 :happy My second home was in San Francisco: purchase price $106,000, sales price $345,000 :D Third home was in Pacifica: purchase price $420,000, s...
by t60
Mon Apr 24, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home in the Bay Area
Replies: 25
Views: 2086

Re: Buying a home in the Bay Area

Don't buy a home in a place you haven't even lived in yet. I looked at Fremont many years ago and there were some nice areas and other not-so-nice areas. It would have been impossible to buy a home I knew I'd be happy with unless I moved there for at least a year to know the area. With your situatio...
by t60
Tue Apr 18, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3596

Re: Best cruise

Already mentioned a few times, but the biggest costs (to me) on a cruise are all the extras. Sure, it's all inclusive, but: If you want alcohol or soda, prepare to pay If you want a handheld trip offshore, prepare to pay If you want "better" food on the ship, prepare to pay You will have t...
by t60
Tue Apr 18, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of stuff would you never DIY, assuming you could?
Replies: 75
Views: 5515

What kind of stuff would you never DIY, assuming you could?

Have always DIY'd things on my car, never brought it into the shop except for tire replacements, smogging and alignment issues. Just about everything else I do, including tire rotations. I've probably saved thousands over the years, gained a ton of knowledge, and have a bunch of tools now which exte...
by t60
Wed Apr 12, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Legality of renters posting reviews of a condominium complex?
Replies: 82
Views: 3374

Re: Legality of renters posting reviews of a condominium complex?

In my personal opinion: It seems like what OP wants to do is the epitome of a chilling effect: https://en.wikipedia.org/wiki/Chilling_effect Already mentioned, but we may see the Streisand effect as well: https://en.wikipedia.org/wiki/Streisand_effect Many times when I see a place with volumes of po...
by t60
Thu Apr 06, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8179

Re: Spending beyond my means, I think..is my budget out of whack?

Agree with a few others that the first thing you need to do is figure out exactly how much you are in the red each month from your other expenses not listed in this post. If it is only a few hundred dollars I would continue to save for retirement as you are now and replenish your savings once presc...
by t60
Thu Apr 06, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8179

Re: Spending beyond my means, I think..is my budget out of whack?

I didn't mean this to turn into a "budget defense" thread, but here we are. Preschool For those recommending daycare versus a preschool. I know many others feel that way, but sorry, I disagree. I find it funny that many think it's such an easy line item to throw out. I mentioned this alrea...
by t60
Wed Apr 05, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8179

Re: Spending beyond my means, I think..is my budget out of whack?

Sorry, should have mentioned that the take home/income is mine alone. Not to put my wife down, but whatever she makes part time, she keeps. The amount is fairly small, and she wants to work to keep her sanity. Seems to me that this is a critical issue and the fact that you left it out of your post ...
by t60
Wed Apr 05, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8179

Re: Spending beyond my means, I think..is my budget out of whack?

To answer a few questions.. One thing I am not clear on is whether the salary you mentioned is just yours or includes your wife's part-time income. Will she be increasing her hours once the kids are in school? Sorry, should have mentioned that the take home/income is mine alone. Not to put my wife d...
by t60
Wed Apr 05, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8179

Spending beyond my means, I think..is my budget out of whack?

I had this huge "oh crap" moment last night. I was thinking about all my finances and am pretty sure I'm spending beyond my means. I'm hoping this is temporary, but I've trying hard to reduce spending. I think this has been in the back of my mind for a few months now, but it didn't really ...
by t60
Fri Mar 31, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on SoFi Interest-First Mortgage?
Replies: 3
Views: 325

Re: Thoughts on SoFi Interest-First Mortgage?

I personally looked at SoFi when buying my house and ended up not going with them. I didn't feel ready yet going through an automated system for a mortgage, which has tremendous downside if it turns out bad. From what I've heard, their rates are actually very good, the closing process can be hit or ...
by t60
Fri Mar 10, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Protect myself from claims by movers or contractors?
Replies: 2
Views: 366

Protect myself from claims by movers or contractors?

Hi all, I live in a townhouse and have HO-6 insurance which includes personal liability, and an umbrella policy which I am comfortable with. I am going to hire some folks to help me move soon and I don't know if this is "enough" insurance or if I need to get a separate policy specific to j...
by t60
Wed Mar 01, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Store Important Documents Online?
Replies: 51
Views: 2477

Re: Store Important Documents Online?

I stored everything in Google Drive It is free up to 15 gb and my password for gmail is like 30 characters, there is no way they can hack that ಠ_ಠ Not sure if you're serious or not, but it really depends on the password selected, and how careful you are with using public machines. They may not be a...
by t60
Wed Mar 01, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh, why is buying a new car so painful?
Replies: 64
Views: 7321

Re: Ugh, why is buying a new car so painful?

Buying a car sucks, but there are ways to make it less painful. On the last two cars I bought I knew what price I was willing to spend and emailed the fleet/internet sales managers, and pitted them against each other with quotes to get the best price (OTD, as doc fees can be changed last minute in t...
by t60
Wed Mar 01, 2017 3:49 pm
Forum: Personal Consumer Issues
Topic: Family Hounding me to Purchase SUV or Minivan
Replies: 61
Views: 4071

Re: Family Hounding me to Purchase SUV or Minivan

I grew up with my parents owning a 1989 Pontiac Lemans. Small car and mechanically awful. They bought it used in 1990 (I now understand why the original owner sold it so quickly), and kept it for 10 years. I remember getting dropped off at school and seeing smoke come out from the hood, constantly. ...
by t60
Wed Mar 01, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Store Important Documents Online?
Replies: 51
Views: 2477

Re: Store Important Documents Online?

misterno wrote:I stored everything in Google Drive

It is free up to 15 gb and my password for gmail is like 30 characters, there is no way they can hack that

ಠ_ಠ

Not sure if you're serious or not, but it really depends on the password selected, and how careful you are with using public machines.
by t60
Tue Oct 11, 2016 5:46 pm
Forum: Personal Consumer Issues
Topic: Posting MLS listing on Facebook
Replies: 8
Views: 890

Re: Posting MLS listing on Facebook

My wife did when we sold our home. I thought it was tacky, and we didn't get anything out of it. The market is so "hot" right now that as long as you are in a desirable neighborhood and you are on MLS, the buyers will come to you. Some of my wife's friends wanted to come to our open house,...
by t60
Tue Oct 11, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a townhouse/condo for retirement? Good or bad idea?
Replies: 15
Views: 2080

Re: Should I buy a townhouse/condo for retirement? Good or bad idea?

I suppose with self driving cars, Uber and the like, it's less likely my kids will need cars in ~15 years. This may be a moot point as one of the units we are interested in is around the corner from a quiet street with a ton of public parking. To clarify, I am intending the property to be my primary...
by t60
Mon Oct 10, 2016 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a townhouse/condo for retirement? Good or bad idea?
Replies: 15
Views: 2080

Should I buy a townhouse/condo for retirement? Good or bad idea?

To preface, I'm in expensive SF Bay Area. I recently sold a single family home in a lower-priced part of the area, and moved our family to a more expensive place, renting a townhouse. The location is much better as my commute has been cut by 60%, and I really like the area. There are a few units for...
by t60
Thu Oct 06, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Managing joint accounts
Replies: 7
Views: 608

Managing joint accounts

Ever since I was in a serious relationship with my wife (since dating), we've split everything in half. After getting married, I have my own bank accounts/cards and a joint account/card with my wife. I think it helps us save money as I put the bare minimum into the joint account, we spend everything...
by t60
Thu Sep 29, 2016 4:03 pm
Forum: Personal Consumer Issues
Topic: Chimney Help, Please
Replies: 28
Views: 2056

Re: Chimney Help, Please

Just to provide another perspective, I am very sensitive to smoke and never used a fireplace before. There are potential health hazards to using fireplaces and I personally don't think it's worth it. Obviously a lot of people use them and seem to be fine, but it's just not for me. I've used them in ...
by t60
Tue Sep 27, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to pay extra principal towards mortgage?
Replies: 44
Views: 7175

Re: Is it worth it to pay extra principal towards mortgage?

My two cents: When did you buy? Sounds like a few years ago if I remember the interest rates properly, which means your house is likely worth more now. How are the comps in your area? If they have gone up, you should consider refinancing and seeing if an appraisal will fix your PMI issue, and possib...
by t60
Tue Sep 27, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: How much Umbrella Insurance coverage needed?
Replies: 50
Views: 5418

Re: How much Umbrella Insurance coverage needed?

Out of curiosity how much more does additional insurance cost? I recently changed my limits and noticed it's slightly cheaper at the "lower" tiers but if I went to say..10M then the premiums would likely skyrocket and they would probably need to interview me out of hesitation to issue such...
by t60
Mon Sep 26, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Handling house sale proceeds, am I being paranoid?
Replies: 6
Views: 645

Re: Handling house sale proceeds, am I being paranoid?

Correct, I was told that joint accounts cover 500k since there are two owners. We are covered under the NCUA (the CU version of the FDIC, which is also backed by the government). I just sent over 100k to my CU, so we'll see how that goes.. Kind of strange to hear not everyone knows about the joint o...
by t60
Mon Sep 26, 2016 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Handling house sale proceeds, am I being paranoid?
Replies: 6
Views: 645

Handling house sale proceeds, am I being paranoid?

My wife and I sold our house and just received the proceeds (~350k). We wired the money to our national bank and there is virtually zero interest being paid on it. We don't want to invest the money as we want it liquid for our next home purchase. I opened up a joint account with my wife at a local C...
by t60
Fri Sep 16, 2016 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Opening a new checking account to deposit real estate proceeds?
Replies: 3
Views: 382

Opening a new checking account to deposit real estate proceeds?

I am in the process of selling my home and will be closing escrow tomorrow. My wife and I are very excited and want to earmark the funds for another house purchase in the near future, ideally something cheaper which means we'll have a bigger nest egg for our kids. We currently use a bank I don't car...
by t60
Wed Sep 14, 2016 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: What details about personal finance do you share with your kids?
Replies: 20
Views: 1860

Re: What details about personal finance do you share with your kids?

I think it's important for kids to know, but they need the context. If my son were asking me, I would tell him, but I would tell him that it took a lot of hard work and time to get it paid off. And while it's a good chunk of finances, there are still maintenance related payments that need to be made...
by t60
Wed Sep 14, 2016 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Personal liability claim via homeowners? What's the process like?
Replies: 7
Views: 1004

Personal liability claim via homeowners? What's the process like?

It's that time of year for me to go through all my insurance policies and determine if the coverage is adequate. I have enough personal liability to cover all my assets (and then some, just in case), but I am curious how personal liability claims are handled for homeowners. One of my friends absolut...
by t60
Thu Sep 10, 2015 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: How do I find an available safety deposit box?
Replies: 4
Views: 742

How do I find an available safety deposit box?

I want a safety deposit box. With a wife and two kids, I feel more comfortable putting certain things in there rather than leaving them at home. Even if I decide not to use it, I just want the option of having it there. I live in the SF Bay Area and every bank I walk into, they tell me there is a lo...
by t60
Sat Apr 11, 2015 8:00 pm
Forum: Personal Consumer Issues
Topic: Should I buy extended warranty for our new Toyota Sienna
Replies: 50
Views: 15446

Re: Should I buy extended warranty for our new Toyota Sienna

I helped my dad negotiate a Prius last month, and with the electronics in the car I opted to buy the extended warranty. It is basically insurance, but something I didn't want him to think about if something went wrong. The trick is that dealers make a killing on this stuff, but if you search around ...

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