Search found 12201 matches

by KlangFool
Wed Apr 24, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 3782

Re: Marriage and Student Loans

Klang has it right. No, Klang does not. As soon as they are married, everything is both of theirs. Obviously you don't pay a cent of your soon-to-be spouse's debt, but once you're married, getting rid of that debt needs to be high priority for both of you. LiterallyIronic, They are not married. <<O...
by KlangFool
Wed Apr 24, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

marcopolo, You could do that for better accuracy. But, if you cross the 2.3 million, it is without question that you had crossed the second bend points. KlangFool Yes. But, if the simple addition (without wage index adjustment) yields something below 2.3M, it does not say anything about whether or ...
by KlangFool
Tue Apr 23, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 3782

Re: Marriage and Student Loans

666 Credit Score :twisted: It ain't too late, you can still run. ...but really, if you are going to marry this person, it makes no difference who pays off the student loans. I paid off some of my wife's student loans even though she never worked after college. 120k student loans is a lot though, es...
by KlangFool
Tue Apr 23, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 3782

Re: Marriage and Student Loans

666 Credit Score :twisted: It ain't too late, you can still run. ...but really, if you are going to marry this person, it makes no difference who pays off the student loans. I paid off some of my wife's student loans even though she never worked after college. 120k student loans is a lot though, es...
by KlangFool
Tue Apr 23, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 85
Views: 3515

Re: Taxes: marginal rate now vs effective rate in retirement

consider diversifying since in many cases it may not be clear which is the better route. Earlier, we leaned toward Roth contributions leaving us with more after tax assets. As we get closer to retirement, and we see that our retirement income should be on the low side due to the earlier Roth contri...
by KlangFool
Mon Apr 22, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1263

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

You'll have to define better. Pretty hard or at least inconvenient to watch a DVD on an airplane, or at the same time as live TV if there are competing interests. mega317, When you owned a DVD, you owned the right to encode the movie on your PC and stream to yourself. I have a streaming server at h...
by KlangFool
Mon Apr 22, 2019 7:06 pm
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1263

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

I recently watched a movie and want to buy it but I think last time I bought smth on DVD 5 years back lol. My son has a Playstation 4 so one of the options is PS network. Would love to hear your experience about Amazon/Google/iTunes/PS (maybe I missed other options?) It is cheaper and better to buy...
by KlangFool
Mon Apr 22, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 85
Views: 3515

Re: Taxes: marginal rate now vs effective rate in retirement

My friend says that if you have the same amount of income while working as you do in retirement, then your effective tax rates are identical and it doesn't make any difference and your tax burden is the same. krick, That assumption is wrong for almost everyone. Hence, there is no point to discuss f...
by KlangFool
Mon Apr 22, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 98
Views: 7463

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

OP, Why would I trust XYZ calculator? It would not pay my bills if it is wrong. If I cannot explain to myself or any person with basic math skill that my retirement funding makes sense, the plan is not good enough. KlangFool Then who do you trust? the 4% rule? flyingaway, Simple math. If the stock ...
by KlangFool
Mon Apr 22, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 98
Views: 7463

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

OP,

Why would I trust XYZ calculator? It would not pay my bills if it is wrong. If I cannot explain to myself or any person with basic math skill that my retirement funding makes sense, the plan is not good enough.

KlangFool
by KlangFool
Mon Apr 22, 2019 12:11 pm
Forum: Personal Investments
Topic: Getting through a 2008-like crash during retirement
Replies: 38
Views: 3736

Re: Getting through a 2008-like crash during retirement

My retirement plan involves splitting my savings between bond funds (such as VWIUX) and index funds (such as VFIAX). Bonds will give me 5% to 6% annual interest, which I can use to pay for part of my living expenses. I can sell up to 4% of index funds annually "to create my own dividend". I have sa...
by KlangFool
Mon Apr 22, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1263

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

Klangfool, Your post makes a lot of sense and is clearly better for you. It's not better for some of us. I don't watch a ton of movies. I have no easy way of getting a DVD from disc to my computer, I don't have a streaming server, I don't have a TV that can receive airplay and I don't know what DLN...
by KlangFool
Mon Apr 22, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

Owning a few thousand in gold is not a big deal.Investing 10,15,20 25 pct of your wealth can be.Ironically,my wife has gold jewelry and diamond jewelry worth more than a few bucks. :D :moneybag hoops777, 1) I am not investing in Gold. <<.Ironically,my wife has gold jewelry and diamond jewelry worth...
by KlangFool
Mon Apr 22, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1263

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

I recently watched a movie and want to buy it but I think last time I bought smth on DVD 5 years back lol. My son has a Playstation 4 so one of the options is PS network. Would love to hear your experience about Amazon/Google/iTunes/PS (maybe I missed other options?) It is cheaper and better to buy...
by KlangFool
Mon Apr 22, 2019 10:24 am
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

I am of the belief that you can get a little carried away by trying to insure for everything to the point of obsession.If you can guarantee me that gold will protect me against hyperinflation,I might own a small amount.I get it but I am not worrying about hyperinflation anymore than I am worrying a...
by KlangFool
Mon Apr 22, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1263

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

I recently watched a movie and want to buy it but I think last time I bought smth on DVD 5 years back lol. My son has a Playstation 4 so one of the options is PS network. Would love to hear your experience about Amazon/Google/iTunes/PS (maybe I missed other options?) It is cheaper and better to buy...
by KlangFool
Mon Apr 22, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

So he sold his gold class ring for a whopping $70.How much could he had sold a nice watch for or an iPad?How about his leather jacket? I would say that was not a convincing article. Gold may or may not be a good investment if there is hyperinflation,it is not guaranteed.You pay your money and make ...
by KlangFool
Mon Apr 22, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: Cash Flow vs Appreciation - Same thing?
Replies: 23
Views: 993

Re: Cash Flow vs Appreciation - Same thing?

Thank you, dbr. Funny enough, considering this brings me back to my original question... is there a difference between paying yourself via dividends vs selling stocks that have appreciated? Or are they the same in the end but one emotionally feels better? When you advocate for both (cash flow and a...
by KlangFool
Mon Apr 22, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

My position is trying to understand what makes gold so special? Gold has value because gold has value doesn't seem to cut it, does it? If it's a good enough explanation for you, then buy gold. Hoard gold. Store gold. fortyofforty, <<My position is trying to understand what makes gold so special? >>...
by KlangFool
Mon Apr 22, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 80
Views: 3083

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

OP, I have good experience with this router and I bought two for my kids to be used in their colleges. And, the price is great! It is less than $50. https://www.amazon.com/TP-Link-AC1750-Smart-WiFi-Router/dp/B079JD7F7G?ref_=Oct_BSellerC_300189_1&pf_rd_p=6f74083a-4541-5fc3-91f1-2d621a6b118d&pf_rd_s=m...
by KlangFool
Mon Apr 22, 2019 7:37 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by KlangFool
Mon Apr 22, 2019 7:35 am
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

My position is trying to understand what makes gold so special? Gold has value because gold has value doesn't seem to cut it, does it? If it's a good enough explanation for you, then buy gold. Hoard gold. Store gold. fortyofforty, <<My position is trying to understand what makes gold so special? >>...
by KlangFool
Sun Apr 21, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Hey KlangFool, you are so very close to FI, OMY. What would you want to do once you do hit FI? Congrats. Will do good, Working on it. May work after FI if I can work from home and reduce the hours. 1) Singing lesson? 2) Coffee roasting? 3) Yoga? 4) Tai Chi? 5) More cycling 6) Blog on food, coffee, ...
by KlangFool
Sun Apr 21, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

TexasMu wrote:
Sun Apr 21, 2019 4:53 pm
I've worked 33 years and have accumulated $1,686,154 per ssa.gov . Where do I go from here or should I open a new thread ?
TexasMu,

Open a new thread. It is a very simple spreadsheet.

KlangFool
by KlangFool
Sun Apr 21, 2019 6:33 pm
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

Of course hyperinflation is possible. And it is also possible that gold drops in value in that environment, as the hoarders empty their coffers to buy food, until the farmers don't need any more gold. Of course, history says... Gold has always... People have always... But nobody knows nothin'. So I...
by KlangFool
Sun Apr 21, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Care to share the formula for the bend points ? I would like to recreate the spreadsheet for myself. TexasMu, https://www.ssa.gov/oact/COLA/AWI.html https://www.ssa.gov/oact/cola/bendpoints.html The quick and dirty to confirm whether you cross the second bend point is A) Take the latest second bend...
by KlangFool
Sun Apr 21, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Care to share the formula for the bend points ? I would like to recreate the spreadsheet for myself. TexasMu, https://www.ssa.gov/oact/COLA/AWI.html https://www.ssa.gov/oact/cola/bendpoints.html The quick and dirty to confirm whether you cross the second bend point is A) Take the latest second bend...
by KlangFool
Sun Apr 21, 2019 3:21 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by KlangFool
Sun Apr 21, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13139

Re: Why diversification is not a viable strategy?

It seems a little suspect that the argument basically boils down to "gold has value because gold has value". I can substitute any one of a number of things and the sentence is equally valid. Tulip bulbs. Bitcoins. Cabbage Patch dolls. You claim that "there are objective factors behind gold's preemi...
by KlangFool
Sun Apr 21, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Cash Flow vs Appreciation - Same thing?
Replies: 23
Views: 993

Re: Cash Flow vs Appreciation - Same thing?

OP, When you asked the wrong question, you will never get the right answer! Why should we trade cash flow with capital appreciation? We should get both at the same time. Do not invest in something that does not give you both: cash flow and capital appreciation. This is the same in the case of buying...
by KlangFool
Sun Apr 21, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: Cash Flow vs Appreciation - Same thing?
Replies: 23
Views: 993

Re: Cash Flow vs Appreciation - Same thing?

Thanks all for your feedback! I have a friend who invests in real estate and always brings up cash flow being better than appreciation. pepperz, 1) While the real estate is doing well, it throws off a cash flow of $X per month. If it is not doing well, you will need a cash flow of $Y to maintain th...
by KlangFool
Sun Apr 21, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Care to share the formula for the bend points ? I would like to recreate the spreadsheet for myself. TexasMu, https://www.ssa.gov/oact/COLA/AWI.html https://www.ssa.gov/oact/cola/bendpoints.html The quick and dirty to confirm whether you cross the second bend point is A) Take the latest second bend...
by KlangFool
Sun Apr 21, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Tdubs wrote:
Sun Apr 21, 2019 6:43 am
KlangFool wrote:
Fri Jun 02, 2017 8:09 am

5) I had passed the second bend point with social security. Below is my estimated social security income.
How do you tell when you pass a bend point?
I create a spreadsheet and calculated that with my actual earnings.

KlangFool
by KlangFool
Sun Apr 21, 2019 6:35 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Klangfool, I just posted a similar note to below on another thread too. With the TCJA, your mortgage interest is no longer deductible. With a 3.5% rate on a $300k balance you are paying $10.5k per year in interest, paying it off is the equivalent of gaining a $14.4k raise in income. Still feeling w...
by KlangFool
Sat Apr 20, 2019 3:34 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

Thanks for all of the responses. I will need to decide on a more realistic asset allocation that I can stomach. I think that 90/10 is still too risky for me given the 7 figure net worth that I have mostly invested in the stock market. I cannot stomach losing over $500,000 in another great recession...
by KlangFool
Fri Apr 19, 2019 9:52 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

sambb wrote:
Fri Apr 19, 2019 9:50 pm
if risk tolerance changes, it is normal to rebalance change to a different asset allocation. Happens all the time. No one should take more risk than they are comfortable with. Good luck.
sambb,

Please use the proper word. Rebalancing means that you do not change your AA.

KlangFool
by KlangFool
Fri Apr 19, 2019 5:38 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

OP, An example of a glide path. My annual expense is 60K. My number is 25X my annual expense = 1.5 million. When I hit my number, I want my portfolio to have 10 years of expense = 600K. So, my final AA is 60/40. My starting AA is 70/30. 1) At 10X annual expense = 600K or below, my AA = 70/30. 2) I a...
by KlangFool
Fri Apr 19, 2019 5:09 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

What was the purpose of your post then? It wasn't just the title. You had a long preamble to ask if, in light of specific forecasts, you should change your allocation according to previously defined criteria? The purpose of this post was to hear people's opinions on whether it makes sense to reduce...
by KlangFool
Fri Apr 19, 2019 4:20 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

What was the purpose of your post then? It wasn't just the title. You had a long preamble to ask if, in light of specific forecasts, you should change your allocation according to previously defined criteria? The purpose of this post was to hear people's opinions on whether it makes sense to reduce...
by KlangFool
Fri Apr 19, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: DW worried about What if ...? Wishes to pay off mortgage
Replies: 33
Views: 3072

Re: DW worried about What if ...? Wishes to pay off mortgage

batpot wrote:
Fri Apr 19, 2019 11:45 am
This is exactly what term life insurance is for.
+1,000.

KlangFool
by KlangFool
Fri Apr 19, 2019 8:27 am
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 54
Views: 3768

Re: Would you be willing to temporarily change your AA?

Obviously, this question is based on someone like me with a long 22-year time horizon before retirement. Windylotus, ON 1/1/2009, my employer laid off 50% of its employees at my location. If you worked at my location, would you consider changing your AA? KlangFool If one loses their job, then tappi...
by KlangFool
Fri Apr 19, 2019 7:51 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 9050

Re: Thinking about selling stocks near all time highs

OP, I am totally confused. So, please help me out here. A) If you have a fixed AA and a rebalancing rule, you would have sold stock and buy fixed income when it triggered your rebalancing band. B) If you have a fixed AA, you would be buying the bond while the stock market is going up. C) If you have...
by KlangFool
Fri Apr 19, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 54
Views: 3768

Re: Would you be willing to temporarily change your AA?

Obviously, this question is based on someone like me with a long 22-year time horizon before retirement. Windylotus, ON 1/1/2009, my employer laid off 50% of its employees at my location. If you worked at my location, would you consider changing your AA? KlangFool Klang, I'm not really sure I'm fol...
by KlangFool
Fri Apr 19, 2019 7:33 am
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 54
Views: 3768

Re: Would you be willing to temporarily change your AA?

Obviously, this question is based on someone like me with a long 22-year time horizon before retirement. Windylotus, ON 1/1/2009, my employer laid off 50% of its employees at my location. If you worked at my location, would you consider changing your AA? KlangFool If one loses their job, then tappi...
by KlangFool
Thu Apr 18, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 54
Views: 3768

Re: Would you be willing to temporarily change your AA?

Windylotus wrote:
Tue May 15, 2018 11:44 am

Obviously, this question is based on someone like me with a long 22-year time horizon before retirement.
Windylotus,

ON 1/1/2009, my employer laid off 50% of its employees at my location. If you worked at my location, would you consider changing your AA?

KlangFool
by KlangFool
Thu Apr 18, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 77
Views: 4852

Re: When did you start spending more and saving less?

OP,

When my kids go to college. All my annual savings go towards their college education. I save nothing.

KlangFool
by KlangFool
Thu Apr 18, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Folks, This is my worst-case retirement scenario. Please review and criticize. 1) Retire at 54 years old with a portfolio of 1 million and the AA of 60/40 2) 300K Mortgage. 6 years into 30 years 3.49% fixed rate mortgage. 4) Annual expense = 60K with the mortgage, 45K without the mortgage . Out of ...
by KlangFool
Thu Apr 18, 2019 10:31 am
Forum: Investing - Theory, News & General
Topic: Hedging against hyperinflation scenario
Replies: 47
Views: 2988

Re: Hedging against hyperinflation scenario

Venezuela - a cup of coffee used to cost 4.50 Bolivars. It's not > millions per cup. Question: How does one hedge against hyperinflation scenario in his own country, assuming that he holds 50/50, or 3-fund portfolio? alexfoo39, 1) Do not pre-pay or pay off the 30 years fixed-rate mortgage. 2) Buy s...
by KlangFool
Thu Apr 18, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 297
Views: 41394

Re: KF's Worst Case Retirement Plan [KlangFool's]

Folks, This is my worst-case retirement scenario. Please review and criticize. 1) Retire at 54 years old with a portfolio of 1 million and the AA of 60/40 2) 300K Mortgage. 6 years into 30 years 3.49% fixed rate mortgage. 4) Annual expense = 60K with the mortgage, 45K without the mortgage . Out of ...
by KlangFool
Thu Apr 18, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 3782

Re: Marriage and Student Loans

Hey KlangFool, Thanks for the reply! These are great questions and questions that I have asked myself and spent a while thinking on. I'll answer in reverse order, actually, as I think it explains it a little better: 3) We were raised with very different financial backgrounds. I don't believe that s...