Search found 192 matches

by furikake
Mon Jun 11, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10077

Re: Why do we work?

Health insurance. I've cut back quite a bit. I find that most of my friends do not have time to go out with me at all during work hours, they can't because they have to work. So now I focus on my personal health and my gardening, can I count those as work? If I can then it's because I like to stay h...
by furikake
Tue Jun 05, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 75
Views: 5672

Re: What is your Take Home Pay / Gross Pay ratio?

54.87% for me, 0.57% on dh. W2 only, not including business dividends.
by furikake
Tue May 22, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Saving for a new baby
Replies: 6
Views: 665

Re: Saving for a new baby

Congrats!! 529.
by furikake
Sat Apr 28, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: How stressful is buying a home?
Replies: 56
Views: 3345

Re: How stressful is buying a home?

Only when we were building a new house, not when we were just buying an established home. I don't think you'd get stressed out if you're buying a home you want, I'd think "excitement" would be the word to use instead of "stress."
by furikake
Sat Apr 28, 2018 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: 300k vs 500k house?
Replies: 32
Views: 4583

Re: 300k vs 500k house?

Life is too short, if it makes you happier and affordability is not an issue, go for it.
by furikake
Fri Mar 23, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Losing friends/family when wealthy
Replies: 118
Views: 10723

Re: Losing friends/family when wealthy

We don't tell people how much we have. The only thing we have that's a little more luxurious is our house, and most people thought we used our whole life savings to buy it. We still drive old cars and we're still cheap. In fact, a friend of mine yesterday told me that I had to cut back and downsize,...
by furikake
Wed Jan 31, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Your shopping strategy for new tires?
Replies: 154
Views: 14155

Re: Your shopping strategy for new tires?

Won't go to Costco again. Their line is ultra long, it always takes forever at Costco. They just opened up a new Discount Tires near my place, prices are about the same as Costco, and they're friendly and nice and we used them in the past and only had positive experience. Will go there from now on.
by furikake
Wed Jan 10, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA money or pay out of pocket?
Replies: 36
Views: 3470

Re: Use HSA money or pay out of pocket?

We're not organized enough to keep receipts, and the HSA money is so little anyway, we just use the HSA debit card whenever we use medical care.
by furikake
Mon Jan 08, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Early Retirement Planning Strategy
Replies: 16
Views: 2647

Re: Early Retirement Planning Strategy

We maxed out on our tax advantaged accounts, but we don't have much in them. So we have to use our regular accounts to pay for things when we retire early. Our dividends should cover part of our expenses, and we'll just draw the rest from our regular accounts. We don't do annuity, we saved enough in...
by furikake
Sun Dec 31, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage vs Investing
Replies: 14
Views: 1067

Re: Mortgage vs Investing

If you like gambling, take the mortgage and invest the money. There is no guarantee in the stock market. Is there a guarantee on your income? Is it ok with you if the bank takes your house when you can't pay your mortgage? When we were buying this last time, the interest rate was around 3%. I was di...
by furikake
Fri Dec 29, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: A Year of Extreme Frugality
Replies: 48
Views: 5121

Re: A Year of Extreme Frugality

I think it's easier to just make more money instead of pinching pennies like what the MMM followers are doing. Or do both, but if you can't cut anymore expenses, the only way is to make more money.
by furikake
Fri Dec 29, 2017 1:58 am
Forum: Investing - Help with Personal Investments
Topic: BOA Savings Acct vs Amex High Yield Personal Savings Acct
Replies: 13
Views: 1465

Re: BOA Savings Acct vs Amex High Yield Personal Savings Acct

Last time I almost signed up for Amex High Yield Personal Savings, when I got to the step about opting out of their advertising, it said there was no way for them to not share my info with their partners, and there was no way to opt out of spammers spamming me. So I did not open an account with them...
by furikake
Thu Dec 21, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Investing in HSA for Retirement Purpose?
Replies: 24
Views: 2905

Re: Investing in HSA for Retirement Purpose?

I think using HSA for retirement is a stretch since there is a limit on how much you can put in it every year, and it is very little, not enough for retirement obviously. But using it for the tax deduction/tax free distribution before 65 or withdraw it like an IRA when we turn 65 is what we use it f...
by furikake
Wed Dec 13, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 155
Views: 12036

Re: How much did you contribute to your 401k in 2017?

I think about $67k for both dh and I, including employer contribution, which is myself.
by furikake
Wed Dec 13, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do I qualify for an HSA?
Replies: 5
Views: 407

Re: Do I qualify for an HSA?

I would suggest that you CALL the health insurance company (not chat) and make sure. Then ask them to put it in writing. Then go to your CFO, show him the letter from the insurance company. This. ^^^^^^^ OP: It's not you who can decide if a plan is HSA or not, it's your state department of insuranc...
by furikake
Wed Dec 13, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 12422

Re: 2018 financial goals - what are yours?

Will be saving for a car fund and also saving for a shed/workshop.
by furikake
Sun Dec 10, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 3394

Re: Espresso Machine suggestions?

I second checking out coffeegeek. Rancilio, Gaggia are very good. I have a Starbucks branded Saeco from like 20+ years ago that still works, before Phillips bought out Saeco. Definitely use RO or distilled water otherwise you have to clean your machine with acid to flush out the built up calcium. Al...
by furikake
Sun Dec 03, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 12757

Re: Price of haircut?

Free! I cut my own hair. :D +1 +1 +1+1+1 This becomes easy once you have a lot less hair to cut. About 4 minutes per week. Much better than getting in car, parking, WAITING, and the return time. OR - make an appointment and now they own your schedule. Note: the cost of the haircut is not the issue ...
by furikake
Thu Nov 30, 2017 11:59 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 12757

Re: Price of haircut?

Free! I cut my own hair. :D
by furikake
Thu Nov 30, 2017 11:58 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 9084

Re: Does it make sense to drop health insurance?

I know of someone with $10mil and he chose to self-insure, this was before ACA. Not only did he lose it all to one illness, which spanned over multiple years, he went bankrupt and still owed money after his wife died. I would not consider self-insure until I have at least $100mil.
by furikake
Wed Nov 29, 2017 1:42 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 16208

Re: FIRE [financial independence/retire early]

The MMM people are afraid that they're going to die young, and they like to brag about retiring early with very little money. They will be scrambling to survive when the market tanks and you won't hear from them again when their "retirement" fails. Anyway, you should always include health insurance,...
by furikake
Mon Nov 27, 2017 1:37 am
Forum: Personal Finance (Not Investing)
Topic: Trying to avoid ACA Subsidy failure!
Replies: 19
Views: 2402

Re: Trying to avoid ACA Subsidy failure!

OP: Look at this: https://www.bcbstx.com/static/tx/pdf/co ... -plans.pdf - look at where it says "HSA Eligible". 204 is not HSA eligible, only 201 is.
by furikake
Sat Nov 25, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to avoid ACA Subsidy failure!
Replies: 19
Views: 2402

Re: Trying to avoid ACA Subsidy failure!

I believe the plan danaht mentioned is the only HSA plan in Texas, and I think BCBS offers plans in all counties in TX.
by furikake
Thu Nov 16, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 40738

Re: Did you tell anyone you paid off your mortgage?

Didn't tell anyone. I was 29 then, it was a non-event. When we were buying this house, a few of my friends asked if we were paying cash, I told them the truth.
by furikake
Thu Nov 16, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 6373

Re: Where did you first learn about investing?

I learned about it from my husband and he asked me to pick a fund when we first got married.
by furikake
Mon Nov 13, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 29382

Re: Why pay cash for a car?

I've never bought cars with a loan, is there closing cost on a loan like a mortgage? To me, it's time. I don't want to have to keep track on when my car is paid off, just like buying groceries, I don't just keep the balance on a credit card if it has 0% interest. It's too time consuming to remember ...
by furikake
Wed Nov 08, 2017 3:00 am
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 3709

Re: When did you start investing in taxable accounts?

I was 22, we already maxed out our 401ks, and ROTH IRA wasn't available then.
by furikake
Tue Nov 07, 2017 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 14489

Re: Why make more money?

What if the market tanks, are you okay with 30x becoming 15x or 10x and you still stay retired? How comfortable are you then?

Health insurance is a big reason for me. I'm not working very hard these days, but I do enough to keep my health insurance. :D
by furikake
Thu Nov 02, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 93
Views: 8904

Re: Spam calls to cell phone...

My cell provider has an app that blocks spam calls. It works most of the time unless it's a new number, then you have to tell it to block manually. The automatic ones don't even ring, they are just blocked, but you can see who they blocked and you can unblock if you want.
by furikake
Thu Nov 02, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 4096

Re: Do you Mow your own Lawn?

Allergies. Can't mow. My husband used to mow, but it took him hours with a riding mower and he developed bad allergies too. So now someone else is doing it for us.
by furikake
Wed Nov 01, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Low income but good savings rate... spend?
Replies: 23
Views: 2630

Re: Low income but good savings rate... spend?

I'd suggest to look into bargains. When we were starting out, we would look for all possible bargains since all we had was time. We had a great time traveling to different place, at bargain prices. You can do that and stretch your dollars so you won't feel so trapped into only saving and not enjoyin...
by furikake
Wed Nov 01, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 10502

Re: I'm fairly young but done with saving money

Didn't read all the posts. Your 1M in net worth is certainly not enough, unless you head over to MMM, then everyone will tell you that you have more than enough. Net worth does not mean anything, you need to look at what you can withdraw from. 2M in 15 years is not 2M today, so if you think you need...
by furikake
Mon Oct 30, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 17950

Re: 2018 ACA rates now live....

How do you guys get your MAGI so low to qualify for subsidy? Is there a trick?

Individual plans suck so much in my area, I want to keep my group plan as long as I can...
by furikake
Wed Oct 18, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Using a broker for a Supplemental Medicare Plan?
Replies: 21
Views: 1132

Re: Using a broker for a Supplemental Medicare Plan?

Whether you use a broker or not, the commission is already baked into the rates. That's how it is in my state, so even if you don't use a broker, you're still paying the same rate which already has the commission included in it that cannot be taken out. If you find a good broker, they can be helpful...
by furikake
Wed Oct 18, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 1244

Re: Employer Benefits - Insurance Options, are these useful?

Those are for people who can't save, who are not willing to save for emergencies, they would rather give the insurance company their money and then if there is an incident, the insurance company will pay part of it back. Not worth it, don't buy. Unless you can't save.
by furikake
Wed Oct 18, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Anyone who started a business what made you comfortable enough to take the chance?
Replies: 25
Views: 2399

Re: Anyone who started a business what made you comfortable enough to take the chance?

I was tired of megacorp, but was in my comfort zone. I wanted to change, but was too lazy to. Until, I got laid off. So I started a business, and then another, and then another. I had no idea what I was doing because I didn't want to do what I was doing anymore from my megacorp work, so everything w...
by furikake
Mon Oct 16, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 9283

Re: How many miles/years do you keep your car?

bottlecap wrote:
Mon Oct 16, 2017 11:55 am
477,800 miles or 30 years, whichever comes first.

It's a close race as of right now.

JT
OMG! How? What kind of car is that?
by furikake
Fri Oct 13, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 9283

Re: How many miles/years do you keep your car?

My first car was my college car, I bought it used at 3 years old, drove it for 4 years, had to sell it because it was giving me too much trouble. Second car I bought it new, had it for 13 years, it was still running fine, but all the rubber hoses started breaking, not expensive to fix either, but ha...
by furikake
Thu Oct 12, 2017 2:41 am
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 7767

Re: Best Career Advice for those over "50"

Not 50 yet, mid-40s here. I think it's harder to find a job in your 50's. I feel like I'm not as sharp anymore in my 40's compared to when I was younger. You definitely want to have enough nest egg so you don't have to rely on a job anymore to survive.
by furikake
Wed Oct 11, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: Buying nightguards (teeth grinding)
Replies: 52
Views: 5018

Re: Buying nightguards (teeth grinding)

If you're getting one from your dentist, make sure you do NOT get one that's called NTI. A bad dentist a few years ago told me I needed one and sold me one, and I wore that for like 6-8 months, and my front teeth no longer touched. I went to another dentist, she told me to stop NTI right away, she h...
by furikake
Tue Oct 10, 2017 2:26 am
Forum: Personal Finance (Not Investing)
Topic: Made a career mistake- advice/next steps
Replies: 35
Views: 6285

Re: Made a career mistake- advice/next steps

Yup, start looking. I was at a job for 4 months, and then I switched jobs, because I didn't like the job I had so I started looking. Definitely start looking now.
by furikake
Mon Oct 09, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 18480

Re: [Boglehead vs Mr Money Mustache philosophies]

This is just my opinion, from my observation... I think bogleheads is more realistic, whereas MMM followers truly believe that 4% is the SWR regardless of how young you are. If you retire in your 40's or later, you're retiring late. Retiring to them can mean that they still work but they call it ret...
by furikake
Thu Oct 05, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 5154

Re: How much worth house should one buy?

To me, it depends on a few things. When we were younger, we spent 17+% of one income on the mortgage monthly payment, and I had a job lined up, and very quickly, that became like 3.5%. Paid off mortgage in 7 years. Lived there for almost 20 years and after figuring in all expenses and mortgage, etc....
by furikake
Wed Oct 04, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is this housing budget reasonable?
Replies: 28
Views: 1839

Re: Is this housing budget reasonable?

Are you okay if the house sits empty and you can't find a tenant you like for like 6 months? Are you okay losing the whole house including the down payment if you lose your job and don't have a renter and you can't pay the mortgage? If you're ok with the above, then go for it. Otherwise it's too ris...
by furikake
Wed Oct 04, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 7221

Re: Does anyone hold cash?

Blueskies123 wrote:
Wed Oct 04, 2017 7:38 am
I keep two years of expenses in cash now that I am retired.
I do this as well, but I'm not retired yet. This is for when there is a down market when I'm retired.
by furikake
Mon Oct 02, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Budgets: how do you track irregular income and expenses
Replies: 35
Views: 3142

Re: Budgets: how do you track irregular income and expenses

I track our expenses, I use annual average, not monthly. We made our vacation plans last year for this year, and some charges were incurred last year, so I tracked them last year. I track per credit card, so not very useful to some who use categories. For new stuff coming up, I just add a new line i...
by furikake
Thu Sep 28, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 17699

Re: Why do you LBYM? Why do you save and invest?

My parents never taught me about credit, so growing up, I always thought people had what they had because they had money to pay for it all. Then in college, the credit card companies came to get us to sign up, I signed up, I read the terms and conditions, and interest was 29.99% if I didn't pay in f...
by furikake
Mon Sep 25, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Suggestions for a rowing machine
Replies: 26
Views: 1566

Re: Suggestions for a rowing machine

Concept2, built like a tank. All the other ones look flimsy to me.