Search found 91 matches

by AlwaysAStudent
Fri Oct 26, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: How Much, How Long, and For Who Do I Need Term Life Insurance?
Replies: 11
Views: 671

Re: How Much, How Long, and For Who Do I Need Term Life Insurance?

We went with 10x our annual salaries and did the length of time based on when the kids would be out of high school. There is a ton of different advice out there and you have to figure out what is right for your family but this is what we decided would work for us. I do not include what my employer o...
by AlwaysAStudent
Thu Jul 26, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: GPS tracker app?
Replies: 14
Views: 783

Re: GPS tracker app?

:sharebeer I looked at some apps on Android play store, but it looks they create a family circle where each member sees the other's location. Is there an app where the parents don't need to share their own location? We use Life360 for our teen, we turned off the location sharing feature on the pare...
by AlwaysAStudent
Thu Jul 26, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: GPS tracker app?
Replies: 14
Views: 783

Re: GPS tracker app?

I looked at some apps on Android play store, but it looks they create a family circle where each member sees the other's location. Is there an app where the parents don't need to share their own location? We use Life360 for our teen, we turned off the location sharing feature on the parents phones....
by AlwaysAStudent
Wed Jul 18, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Another student loan question
Replies: 24
Views: 1263

Re: Another student loan question

... making car payments and everything else. (The car payments are maybe more than I'd like, but I drive a lot for work and live in a rural area, so I need an incredibly reliable car.) ... ... full-time job in PR... You live on an island, how far is your commute (to a rural area)? If your car broke...
by AlwaysAStudent
Tue Feb 27, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Job Change: Rollover 401k to new 401k or into tIRA
Replies: 1
Views: 202

Job Change: Rollover 401k to new 401k or into tIRA

I have recently changed jobs and need to think about what to do with my old employer sponsored 401k, can anybody help me determine what my best long term option is? If you want to take the time to explain why that would be great. In the past I have always rolled over everything to whatever the new p...
by AlwaysAStudent
Wed Feb 21, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Balance in Marriage and Student Loans
Replies: 26
Views: 2178

Re: Balance in Marriage and Student Loans

This is a very personal decision but below is what I would do. $25,000 to emergency fund $63,000 to Parent PLUS loan $12,000 to Private loan Let him then send the $1200/month to the private loan. I would not accelerate payments on a 1% interest loan. If you accumulated $100,000 in the last 5 years i...
by AlwaysAStudent
Tue Feb 13, 2018 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency fund question - 3 vs 6 months and should I lower my 401k contribution to get there...
Replies: 74
Views: 3972

Re: Emergency fund question - 3 vs 6 months and should I lower my 401k contribution to get there...

I saved this a long time ago, either from here (Bogleheads) or from MMM, I don't remember, but I find it to be a very useful plan to follow. It doesn't not answer you initial question of 3 vs 6 months emergency fund because that is pretty personal for what your family is comfortable with but it will...
by AlwaysAStudent
Tue Dec 12, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 72
Views: 9249

Re: Year end review with less nerdy spouse

As the nerdy spouse I would not be happy to sit through a ppt about our finances. With my husband I usually just make sure he knows where all the accounts are, give him updates on totals, and make sure I listen if he has any suggestions on what our financial goals should include for the following ye...
by AlwaysAStudent
Tue Nov 28, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: National Park trip w/1 year old infant
Replies: 35
Views: 2586

Re: National Park trip w/1 year old infant

No matter where you go (and even at home) I would see if you can find a "Hike it Baby" group in the area. They focus on getting out and hiking with young kids, they would be a great resource for good hikes in the area you are going with your restrictions in mind.
by AlwaysAStudent
Wed Sep 20, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 31050

Re: Calling out the not so rich bogleheads

The only thing that really puts me off about the Boglehead forums are those that have a monthly take home that is 5 figures and feel the are middle class. My stats Age: 34/35 Household income (before tax): <$100k Dependents: 2 Investment Accounts: almost $90k Debt: >$300k (but $110k of that is a hou...
by AlwaysAStudent
Thu May 18, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Advice On Moving Up In House
Replies: 15
Views: 1600

Re: Advice On Moving Up In House

I am younger than the age group you indicated but I would agree with the advice given to wait. We are in our mid 30s and bought our current (bigger) house when it was just the 2 of us and most days I wish we would have waited. There were only 2 of us (plus the dogs) and we bought a 2700 sq ft, 4 bed...
by AlwaysAStudent
Tue May 02, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 36373

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

How about Albuquerque NM ? I've been looking at it as a potential retirement location.... I'd be interested in your summaries of the list you already have.... I've got a handwritten chart that lists all of the possible locations, which then assigns each of them a score in about twenty categories (r...
by AlwaysAStudent
Fri Apr 21, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Calling for all the Moms: career and family.
Replies: 42
Views: 6605

Re: Calling for all the Moms: career and family.

I am a full-time working, breadwinner, mom (to a 3 year old) who is also a pursuing a Master's degree part-time. I feel strongly that the key for my family is that my husband and I work as 50/50 partners in our household. There are things that need to get done, who checks it off the to do list doesn...
by AlwaysAStudent
Mon Apr 03, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 306
Views: 40749

Re: Low-earners- What is your profession?

Although I agree that under $100k is not low-income when looking at the US as a whole, I do feel is it considered low for BH. I am an environmental, health, and safety professional (mostly environmental) with 10 years experience, we are in a LCOL mid-west area and my salary is just under $70k. My hu...
by AlwaysAStudent
Thu Mar 16, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)
Replies: 25
Views: 2799

Re: should I baulk at this used plug-in hybrid? (Ford C-Max Energi)

My utility is currently offering $10,000 off a new LEAF (excludes all other dealer incentive). Still can't justify a new one though when 2013's can be had for $8K. Thinking about eBay, given that I'm in flyover country with EVs far and few between. I am assuming you are in the KC area, buy the LEAF...
by AlwaysAStudent
Tue Mar 14, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: IRA and college savings advice needed
Replies: 38
Views: 2291

Re: IRA and college savings advice needed

Change your spouse's contributions to pre-tax. His paychecks should automatically have less tax withheld, giving him a larger take home check on the same contribution. Next, you are adding a dependent this year. You can change your or your spouse's withholdings to compensate for the fact that you w...
by AlwaysAStudent
Tue Feb 21, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Do you replace your electrical switches/outlets or use an electrician?
Replies: 93
Views: 7897

Re: Do you replace your electrical switches/outlets or use an electrician?

I was wondering how many people (especially women) replace their own switches/outlets/dimmers etc. Female, have changed/replaced/installed several switches/outlets/dimmers in my lifetime. I always research something like this before I do it the 1st time and refresh my memory if it has been a while ...
by AlwaysAStudent
Wed Feb 15, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: -$280k Net Worth Has Me Up At Night
Replies: 68
Views: 10476

Re: -$280k Net Worth Has Me Up At Night

It's collective student loan debt at this point - she has 2 years remaining. Probably end around $100k total - regardless appreciate the constructive criticism re: the rental. Cut & dry, love it. Evening BH’s, Below is a complete snapshot of our financials and a brief explanation of what’s going on...
by AlwaysAStudent
Tue Feb 14, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 13127

Re: Bogleheads not the norm?

Working Mom (33), Mostly Stay At Home Dad (34), Toddler (2.5) ~$70,000 income ~$70,000 401k ~$1,000 IRA Smaller E-fund than 6 months Student Loan Debt Car Debt (interest rate under 3%) Mortgage Occasional CC debt (usually a 0% offer, paid off within a few months) I come here to learn, grow, and hope...
by AlwaysAStudent
Tue Feb 14, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 5824

Re: What to do with daughter's $100

...As for the rent I charge her? I charge about half of what she would be charged if she were on her own in our town. I'm not covering any of her costs at all. She pays for everything including her own food. ... I don’t cover any of her expenses now... ... I believe motivation to find a better payi...
by AlwaysAStudent
Mon Feb 13, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 5824

Re: What to do with daughter's $100

As a 33 year old, I would say you need to use that $100 to provide 1 last tool to teach her how to be an adult and then let her sink or swim. You are not helping her by continuing to treat her (and letting her act) like a teenager, unless you are are planning to be her crutch for the rest of her lif...
by AlwaysAStudent
Mon Feb 13, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: 1 pay check/3 people, making sense of LI
Replies: 3
Views: 922

Re: 1 pay check/3 people, making sense of LI

I am going to use some made up #s. This also does not consider any widow SS you might be able to claim or that you are investing the $ to just pull a SWR from. I purposely over simplified this math to try to make it very clear why somebody might want more than 1 policy. Let's assume that you current...
by AlwaysAStudent
Tue Feb 07, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: Insights for Long Distance Grandparents
Replies: 23
Views: 1776

Re: Insights for Long Distance Grandparents

I am not the grandparent but the mother of the grandchild. Learn now to use Skype/Facetime, don't ask a new parent to teach you over the phone how to use it. Don't wait for mom/dad to initiate the calls either, if you want to Skype/Facetime, send a text and ask if it is a good time. Do not plan to g...
by AlwaysAStudent
Tue Jan 31, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone drop out of school in 30's or 40's?
Replies: 34
Views: 3710

Re: Anyone drop out of school in 30's or 40's?

I am in my early/mid 30s and I started a Master's program 1.5 years ago. I am 12 hours into to a 36 hour program, as you can see I am taking it very slow but it still has caused a lot of stress and frustration in my daily life. I also have a 2.5 year old at home that thinks she should be attached to...
by AlwaysAStudent
Tue Jan 31, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: Personal finance help for those below/near poverty line
Replies: 48
Views: 7658

Re: Personal finance help for those below/near poverty line

I second (third) utilizing the United Way as a resource, if nothing else make sure that the local non-profit you are working with is listed in the United Way database. I work in a union manufacturing facility and every year United Way comes and tells us about the programs they offer and the agencies...
by AlwaysAStudent
Mon Jan 23, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Should we pay off our student loan?
Replies: 44
Views: 4556

Re: Should we pay off our student loan?

...Do you really want to be paying your own loan while your kids are going to school?... My situation is not the same as yours or as other poster's but this quote is a lot of what we focus on in our house. Our goal is to be completely debt free (including mortgage) by the time our oldest is 16-18 y...
by AlwaysAStudent
Tue Jan 17, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: HDHP switch? Feedback appreciated
Replies: 5
Views: 524

Re: HDHP switch? Feedback appreciated

This thread might help you answer some of your questions. viewtopic.php?f=2&t=207245

Personally, I have had an HDHP and HSA for many years (before, during and after being pregnant). At the moment I can not see a reason to switch for my family.
by AlwaysAStudent
Tue Jan 17, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Tracking our expenses
Replies: 40
Views: 3614

Re: Tracking our expenses

Another vote for YNAB.
by AlwaysAStudent
Thu Jan 12, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Suggestions Requested - Vanguard 401k
Replies: 2
Views: 432

Re: Portfolio Suggestions Requested - Vanguard 401k

Should I move out of the Target Fund? No. None of the separate options costs less. Since all you have are the 401k and Roth IRA, using the target-date fund in both accounts is just fine. Are Target Funds a good long term plan? They're good until you add a taxable account for retirement purposes. Th...
by AlwaysAStudent
Wed Jan 11, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Suggestions Requested - Vanguard 401k
Replies: 2
Views: 432

Portfolio Suggestions Requested - Vanguard 401k

Emergency funds: Working on this. Debt: Rental: $112k @ 4.0% – Rent covers PITI, manager fee, maintenance/vacancies Mortgage: $133k @ 4.125% School loans: $10k @ 7% - Currently at 0% while taking Master’s classes Car loan: $26k @ 2.74% Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal,...
by AlwaysAStudent
Tue Jan 10, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 23588

Re: How Bad was 2008, really?

I was just barely attempting the whole adult thing at that time. I graduated in 2006, I had started putting money into a 401k around 2004 but it was probably only 1-3%. We bought a house in April 2007. Work was slowing down and we were getting home sick in the beginning of 2008 so in Aug of 2008 I g...
by AlwaysAStudent
Wed Jan 04, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Complaint + Switching to HDHP for Child Birth Costs?
Replies: 26
Views: 2363

Re: Medical Complaint + Switching to HDHP for Child Birth Costs?

OP Cost example: Let's use the example of delivering a child. Let us assume that it costs $10,000 for easy round numbers to use. I will assume that you will pay 20% once deductible is reached, as you did not state your co-insurance rate. Cost to deliver using PPO: $10,000(delivery yay baby is here)...
by AlwaysAStudent
Wed Jan 04, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Complaint + Switching to HDHP for Child Birth Costs?
Replies: 26
Views: 2363

Re: Medical Complaint + Switching to HDHP for Child Birth Costs?

OP Cost example: Let's use the example of delivering a child. Let us assume that it costs $10,000 for easy round numbers to use. I will assume that you will pay 20% once deductible is reached, as you did not state your co-insurance rate. Cost to deliver using PPO: $10,000(delivery yay baby is here)...
by AlwaysAStudent
Wed Jan 04, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Complaint + Switching to HDHP for Child Birth Costs?
Replies: 26
Views: 2363

Re: Medical Complaint + Switching to HDHP for Child Birth Costs?

My husband has MS with Rx costing thousands of dollars a month (if the drug company didn't offer an assistance program, independent of income) and we have a HDHP. The HDHP will continue to work the best for us due to the assistance program but if that ended we would have to recalculate the numbers. ...
by AlwaysAStudent
Tue Jan 03, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 10005

Re: Are Younger people funding 529 Plans?

Agreed with all the points by Chadnudj & bligh. Quite simply, there are numerous financial priorities for young parents more important than funding a 529. Although I agree with what most poster wrote we started a 529 the year our daughter was born. There is less than $1k in there for now, as we are...
by AlwaysAStudent
Tue Jan 03, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45795

Re: Whats your number to walk away?

May be a little off track, but did you ever regret not having kids? We are at 29 and 28 ourselves and we both hate kids (other people's and the thought of our own). We agreed not to have any kids but everyone is telling us that we will feel differently when we get older. Did you? I am not that much...
by AlwaysAStudent
Tue Dec 13, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for Graduate School
Replies: 33
Views: 2713

Re: How to pay for Graduate School

I agree with others that you should hold off on the MBA for a little while. Maybe Fall 2017? Hours in a week = 168 Full time job = 40 Part-time job = 20 Sleep = 49 (7 hours a night) Classes = 6 Homework = 9 Hygiene time (shower, dress, brush teeth, bathroom, etc) = 7 (1hr/day, do not cut this short,...
by AlwaysAStudent
Thu Dec 08, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Double Oven Ranges
Replies: 13
Views: 1821

Re: Double Oven Ranges

We have this double oven range (or similar), not gas and love it. http://www.homedepot.com/p/GE-Profile-6-6-cu-ft-Slide-In-Double-Oven-Electric-Range-with-Convection-Lower-Oven-in-Stainless-Steel-PS950SFSS/204369893 We don't always need 2 ovens but being able to use the smaller top one when we are j...
by AlwaysAStudent
Tue Dec 06, 2016 11:11 am
Forum: Personal Consumer Issues
Topic: Flying Across Atlantic with 98th Percentile 18-Month Child
Replies: 114
Views: 9573

Re: Flying Across Atlantic with 98th Percentile 18-Month Child

We went on 2 different (shorter than you are) trips when our daughter was about 12-15 months. The first one was short notice, husband and daughter joined me on a business trip, so we decided to just let her sit in our laps. The next one was a vacation that was planned so she had her own seat. Althou...
by AlwaysAStudent
Tue Nov 15, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Stay at home parent vs. Daycare (personal question)
Replies: 19
Views: 3161

Re: Stay at home parent vs. Daycare (personal question)

My husband and I are currently making a decision to go the opposite direction you are talking about. Our child is 2.5 years old and we are hoping to add one in the next year or so. The kiddo has been going to daycare since about 8 weeks old when I went back to work full-time and my husband has been ...
by AlwaysAStudent
Fri Nov 11, 2016 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Does a car downgrade make sense for me?
Replies: 19
Views: 2795

Re: Does a car downgrade make sense for me?

Why not replace the truck with a commuter car and an older (smaller) truck? My husband and I each drive a Prius to work and have a 15 year old truck that is used for hauling stuff on the weekends (farm and DIY type of stuff). All 3 vehicles are paid off and the insurance on an old truck that doesn't...
by AlwaysAStudent
Wed Sep 21, 2016 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Baby deals
Replies: 43
Views: 3981

Re: Baby deals

Don't run out and buy a minivan and a four bedroom house tomorrow. No seriously, I know a lot of parents who go through a logical progression of 'gotta have the best'-ism. They look at 5 baby car seats, one is the size of an airline seat for an adult...they decide they have to get that one, because...
by AlwaysAStudent
Wed Sep 14, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Denied Term Life Insurance/A Reminder to Get Your House in Order
Replies: 40
Views: 5496

Re: Denied Term Life Insurance/A Reminder to Get Your House in Order

My DH was denied Term Life Insurance about a year ago due to health conditions. We were very up front with them and were originally told that didn't immediately disqualify him but the quote was pretty high. He ended up being disqualified due to an appointment/testing that was completed to be used as...
by AlwaysAStudent
Mon Sep 12, 2016 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: retiring with a mortgage
Replies: 35
Views: 4022

Re: retiring with a mortgage

... move to a LCOL area where they can purchase the house outright with the proceeds of the HCOL sale. ... We expect the purchase price to be about $250k-350k. ....That should give them almost $60k/yr That seems like a lot of house for a retired couple in a LCOL area. My mortgage (with a 20% down p...
by AlwaysAStudent
Tue Aug 16, 2016 9:22 am
Forum: Personal Consumer Issues
Topic: vacation ideas - October
Replies: 42
Views: 4741

Re: vacation ideas - October

If I lived near Chicago, I would consider Amtrak for leisurely travel. You could take the Capitol Limited over to Washington DC, which can have glorious fall colors that time of year, lots of plays and restaurants. I would take the Amtrak to Albuquerque and enjoy the balloon fiesta then check out T...
by AlwaysAStudent
Tue Aug 16, 2016 9:17 am
Forum: Investing - Theory, News & General
Topic: Knowing what you know now...
Replies: 22
Views: 3231

Re: Knowing what you know now...

I am in my early 30s, we had our baby a week before I turned 31 (only kid at this time). I have two things I would have changed about my 20s. 1. Applied a true budget earlier. We always budged bills (and contributed to 401k) but never budgeted for things like clothes, gifts, oil changes/tires, etc. ...
by AlwaysAStudent
Fri Jul 29, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Trying to help my retired parents
Replies: 16
Views: 2078

Re: Trying to help my retired parents

Are they currently in the 20% tax bracket? If not, why do they think they will have to pay 20% tax on the 401k? They could pull out small amounts each year that keeps them in whatever tax bracket they are already in. I am assuming they are under 70 and are not being required to pull out a set amount...
by AlwaysAStudent
Fri Jul 29, 2016 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Another can we retire...
Replies: 51
Views: 7556

Re: Another can we retire...

Philachild wrote:Can we retire?
We will spend about $195K per year.
Is that including what your tax liability is? If yes, that is a 3.5% WR so generally considered safe. Will there be any pensions, SS, etc income in the future?
by AlwaysAStudent
Fri Jul 29, 2016 7:53 am
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 98
Views: 13312

Re: Stats on Americans 'cutting the cable' ?

Our friends in DC was amazed that they could cut the cord by using a cheap antenna (flat w/o amplifier for $7 shipped) to pick up all the local HD stations, thus saving $40 plus per month. They only live about 10-15 miles from their TV stations. As in my case, wife still needs her Food TV and HGTV ...
by AlwaysAStudent
Tue Jun 28, 2016 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Financial Plan/Question for 95 year old Dependent
Replies: 8
Views: 824

Re: Financial Plan/Question for 95 year old Dependent

If the $100k will last 18 months can you take the other $500k and put it in a CD ladder (I am not sure current rates). If her monthly cost are $5300 than she would need approximately $65k (I rounded) per year to live on. Can you find a CD that will expire in 12-18 months to put $65k into? Put anothe...