Search found 102 matches

by momvesting
Sat Dec 07, 2019 11:02 pm
Forum: Personal Consumer Issues
Topic: Tree roots growing into sewer lines
Replies: 62
Views: 17308

Re: Tree roots growing into sewer lines

Have the pipes reamed but also replace the washing machine with a front loader, they do not do the "dump". I had a friend with a similar problem a few years ago and just replacing the washing machine was enough.
by momvesting
Sat Dec 07, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Basics of Consulting
Replies: 31
Views: 2657

Re: Basics of Consulting

I think the big question is how much flexibility they offer in this arrangement. If there is little to no flexibility in the dates of the work and the presentations and/or little notice is given, then I think you are right to expect some sort of retainer. If, on the other hand, you have the freedom ...
by momvesting
Wed Nov 27, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Disappointed in Silvercar by Audi
Replies: 11
Views: 1159

Re: Disappointed in Silvercar by Audi

Until we got their electronic receipt from customer service we did not know the exact times for either the pickup or the drop off. You have no idea how much I wish I would have! My husband is just a nervous Nelly and we ended up at the airport sooooo much earlier than we needed to be, but taking an ...
by momvesting
Wed Nov 27, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Disappointed in Silvercar by Audi
Replies: 11
Views: 1159

Disappointed in Silvercar by Audi

Hello all, Unfortunately my post is not actionable, but more of a cautionary tale. Almost 2 weeks ago, we booked a short trip to the LA area and rented an A4 through Silvercar. I had an email from Silvercar offering a promo of 2 days free on a 4 day rental. Although the trip was technically only 3 d...
by momvesting
Mon Nov 25, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: Kia Sportage
Replies: 19
Views: 1619

Re: Kia Sportage

In my area there are some great deals to be had on the 2019 Sportages, you may want to look beyond your immediate area, I've seen them $4k-$6k off. I've been looking as well but am not ready to pull the trigger just yet and I am seeing a lot of value for the price in this car as well.
by momvesting
Thu Nov 07, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Baby Coming - Is our math right to choose HDHP over PPO?
Replies: 10
Views: 1259

Re: Baby Coming - Is our math right to choose HDHP over PPO?

You are forgetting all those pediatrician visits down the road. Check the various plans to see what they cover. For example, many PPOs cover 100% of a wellness visit with a small copay while some of the HDHP plans do not. Babies go to the doctor a lot in that first year, even if they are healthy and...
by momvesting
Thu Oct 31, 2019 6:07 pm
Forum: Personal Investments
Topic: 529 distribution procedure
Replies: 19
Views: 914

Re: 529 distribution procedure

From the way the OP said "private school", I was assuming K-12, not college. I am doing that, but there are 2 things to remember: 1. The max is $10k/kid. OP mentions $12k but that might be for multiple kids. If so, you need to do everything separately. 2. No, the school is not going to give you any ...
by momvesting
Thu Jul 25, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial Real Estate knowledge and/or experience? Help!!
Replies: 25
Views: 1609

Re: Commercial Real Estate knowledge and/or experience? Help!!

You probably just have to wait until the right space comes along. I think the best possibility is an older property with some sort of cool architecture or history and you can maintain some small portion of the charm of the building's original use. I'm thinking something like an old library with a fe...
by momvesting
Wed Apr 24, 2019 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lifestyle creep
Replies: 73
Views: 7998

Re: Lifestyle creep

You need to take a hard look at your expenses and figure out exactly where the creep is and whether or not it is good for you. Some lifestyle creep that I will happily embrace includes buying more good foods, like organic brands, fresh and frozen instead of canned veggies, good lean cuts of meat, an...
by momvesting
Sun Apr 21, 2019 12:42 pm
Forum: Personal Investments
Topic: Inheritance With Zero Income, Zero Expenses
Replies: 35
Views: 4368

Re: Inheritance With Zero Income, Zero Expenses

Do you have a college degree? If so, what degree? Would you consider using that money to get a degree or an advanced degree? With your mother's health, are you able to take classes, even part time or online? Check into degree programs and student health insurance. Sometimes investing in your educati...
by momvesting
Sun Apr 21, 2019 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Executor of Will - Selling House in Poor Condition
Replies: 84
Views: 6914

Re: Executor of Will - Selling House in Poor Condition

Based on the initial walk thru and declutter, make an honest estimate of how much cash and valuable property might be contained within the house. If it is significant enough to justify the cost, rent a POD, toss everything inside, and have it shipped to your home or another nearby convenient locatio...
by momvesting
Thu Feb 21, 2019 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fixing a Tax Mistake re 529 Plan Withdrawals and AOTC
Replies: 44
Views: 971

Re: Fixing a Tax Mistake re 529 Plan Withdrawals and AOTC

Keep in mind that you can use the AOC for 4 years but often college spans 5 tax years. If he has 7 semesters left and no plans of being done early, you may want to forgo the AOC so that you just paid 100% of his tuition from a 529. For the 529 this is a qualified event, so no taxes are due but you w...
by momvesting
Sun Feb 10, 2019 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: When is transfer of ownership of 529 plan a taxable event?
Replies: 18
Views: 13058

Re: When is transfer of ownership of 529 plan a taxable event?

Is it easier to open a second 529 in his name and then roll the first into the second? I know it isn't the same because we are married, but I had an Ohio plan in my name only and husband had a Utah plan in his name only and I closed and rolled over my Ohio into his Utah with almost no hiccups. The o...
by momvesting
Sun Feb 10, 2019 11:25 pm
Forum: Personal Consumer Issues
Topic: Wasting Electricity for Fun and Profit
Replies: 58
Views: 5677

Re: Consuming Electricity for Fun and Profit

I like the previous idea of an electric fireplace. I've always wished I had electric baseboard heaters in my garage to help melt ice/snow off the car in the winter, but maybe you don't have that issue in TX.

Maybe run a humidifier or dehumidifier depending on your needs.
by momvesting
Tue Jan 22, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: purchasing a home and wondering if we have a good deal
Replies: 15
Views: 1657

Re: purchasing a home and wondering if we have a good deal

Dumb question and hopefully I can phrase this correctly, but by buying down the rate you are increasing the loan amount. How much more time does that add that you must pay PMI using standard amortization? Make sure that is included in your break even calculations.
by momvesting
Sat Jan 19, 2019 8:05 pm
Forum: Personal Investments
Topic: Using 529 for retirement rather than just education?
Replies: 16
Views: 1820

Re: Using 529 for retirement rather than just education?

If there is a state income tax incentive, that could sway your results because, as I understand it, the 10% penalty is only on the earnings. While I do not plan on using my daughter's 529 for retirement, I have always considered it sort of a back up emergency fund because we have stable jobs and cou...
by momvesting
Sun Jan 13, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 39
Views: 3773

Re: too much college savings

Does he or any other relatives have K-12 private school tuition that you could withdraw the funds for even if that isn't really what they are going to? I am afraid I may end up in your boat so we have been withdrawing an amount equal to what we are paying for our daughter's high school tuition, then...
by momvesting
Sat Jan 05, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 271
Views: 24986

Re: $40,000 in debt, bankruptcy seems to be the best option right now

I have not been in your shoes as far as the debt goes, but I have been a stay-at-home mom living off of about the same income. One of the biggest obstacles you have to overcome (and from your posts it does not sound like you have) is getting past the idea that small expenses don't matter. Every sing...
by momvesting
Mon Dec 17, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 109
Views: 8894

Re: When has being frugal or cheating out bit you in the rear?

Back in 2007 I really wanted a Volvo XC90. They were running some great promos at the time. Instead I saved a few thousand and bought a Honda Pilot. When the Pilot was just a few years old and barely off warranty, the transmission failed. Apparently this is a known problem that Honda fails to acknow...
by momvesting
Sun Dec 02, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Cancun in January
Replies: 26
Views: 2971

Re: Cancun in January

Are you staying at Finest Playa Mujeres (it is a boglehead favorite)? If so, there is a guy named Cesar (or there was when we went ~18 months ago) who works inside the main building downstairs by the tapas restaurant who sells private Chichen Itza tours. We booked through him even though it was more...
by momvesting
Sun Dec 02, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 22789

Re: Best values at Costco? Honestly, a little disappointed...

Yes, there are certain things, like milk and eggs, that I never bought because they are cheaper at the grocery store. There are other things, like a 5lb box of grapes or a mega pack of Tylenol, that my family just could not finish, but you just have to find the items that are the best deal for you a...
by momvesting
Sat Dec 01, 2018 7:51 pm
Forum: Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 7038

Re: Saving for Retirement when one has a Pension

We are in this boat as well. Hubbie has a state pension that will be approx 60%. When we were younger we did not trust Social Security so we stashed as much as we could in 401ks. Now that I'm older, this is closer, and I realize that there is a good chance that there will be some SS, I realize that ...
by momvesting
Sat Nov 24, 2018 11:33 pm
Forum: Personal Investments
Topic: Starting a 529 for my adopted children
Replies: 7
Views: 691

Re: Starting a 529 for my adopted children

Don't be so hung up on a Colorado plan right now if you do not live there. It is fairly easy to close and rollover 529 plans. I have done it from Ohio's old Putnam account back in the day to Utah's plan, which I am in currently. It was fairly seamless. For now, just go with whatever plan serves your...
by momvesting
Sat Nov 24, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Furniture for first adult apartment
Replies: 29
Views: 2806

Re: Affordable Furniture for first adult apartment

Yep, I was also going to recommend Macy's. We bought the Radley sofa https://www.macys.com/shop/product/radley-86-fabric-sofa-created-for-macys?ID=1433999&pla_country=US&cm_mmc=Google_Furniture_PLA-_-Furniture_Big_Ticket_-_GS_Couches_%26_Sofas-_-229373816302-_-pg2013520_c_kclickid_a8854668-26c2-4035...
by momvesting
Wed Oct 17, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Cross-country trip via Amtrak
Replies: 58
Views: 6544

Re: Cross-country trip via Amtrak

I know people have mentioned the schedule, but I cannot stress that enough. I used to live very close the tracks that one of these cross-country lines ran on. If it ran on schedule, it passed through our area around 3:00 am. More than half the time it passed through around 7:30 am and sometimes late...
by momvesting
Sun Sep 23, 2018 12:51 pm
Forum: Personal Investments
Topic: Sp 500
Replies: 83
Views: 7047

Re: Emotional Investor - I'm a mess and need help!

I don't know, I'm a "set it and forget it" type, more out of laziness than out of discipline. I also know myself and absolutely believe that a monkey picking stocks could easily outperform me if I were to attempt active trading. Maybe you just need to allow yourself a small amount that you actually ...
by momvesting
Sun Sep 16, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put saving for retirement house?
Replies: 6
Views: 784

Re: Where to put saving for retirement house?

Talk to an accountant, but you may be able to sell the rental properties now and do a 1031 exchange in to your retirement home if that home is purchased and used as a rental for 2+ years. This can be a path to avoid capital gains on the rental properties but you need the advice of a qualified accoun...
by momvesting
Sat Sep 01, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: The twenty dollar rule
Replies: 44
Views: 4184

Re: The twenty dollar rule

I think an overall budget would be more useful to curb frivolous spending. On this plan she could be picking up $7 lattes and useless crap at the dollar store but needs to check with you before purchasing a cart full of milk, eggs, bread, and produce at the grocery store??? I guess I know too many p...
by momvesting
Sat Sep 01, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Installing a new toilet - shut off valve and wax ring
Replies: 33
Views: 2489

Re: Installing a new toilet - shut off valve and wax ring

We recently removed a toilet to tile the bathroom floor. We replaced it using one of those blue waxless rings at Home Depot. I believe it was the Fluidmaster one. One of my reasons was that when we removed the toilet, there was wax mess everywhere, which grossed me out! We also had to reposition the...
by momvesting
Thu Aug 16, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Non-owner contributing to home renovations: what's fair?
Replies: 39
Views: 2651

Re: Non-owner contributing to home renovations: what's fair?

It’s hard to answer without more info on what kind of renovation we are talking about. If you are DIYing, perhaps your partner could pay for (and keep) tools that are needed. Or when the renovation is finished he/she could buy furniture and decor and if there was a breakup your partner would own tha...
by momvesting
Wed Jul 18, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: 529 beneficiary transfer question
Replies: 8
Views: 672

Re: 529 beneficiary transfer question

I don't know exactly where the line is for this, but early on we had 2 529s for our daughter. One was mine (company sponsored Ohio plan) and one was my husband's (Utah). Utah allowed us to roll the Ohio plan into the Utah even though they had different account owners. I wonder if your grandfather ma...
by momvesting
Sat Jun 30, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: Vacation- home precautions?
Replies: 39
Views: 5570

Re: Vacation- home precautions?

Don’t turn off your main water if you have a sprinkler system that runs off of that water. We made that rather costly mistake a few years ago. We also put a few lights and an old manual-type radio on timers.
by momvesting
Tue Jun 26, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Getting Facebook Messages from a Scammer - need ideas
Replies: 12
Views: 1993

Re: Getting Facebook Messages from a Scammer - need ideas

This is NOT my advice, but another guy's way of dealing with a scammer:
https://brandonhadleynow.com/capers/the-housing-heist/

(Warning, it is loooooooooong but oh, so funny)
by momvesting
Mon Jun 25, 2018 9:26 pm
Forum: Personal Consumer Issues
Topic: university admission issue
Replies: 27
Views: 3461

Re: university admission issue

Is it possible that they misunderstood the admissions process? One master's program I looked at required that you first apply to the university. This gets you a student ID, online account, etc. Then you apply to the master's program. They analyze your transcript and either accept you or tell you whi...
by momvesting
Wed Jun 13, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: thoughts on rental budget - emotional more than numbers
Replies: 8
Views: 1146

Re: thoughts on rental budget - emotional more than numbers

Because you are in an UHCOL area, I would first talk to an architect about what could possibly be done with your current space to make it more usable and practical for your situation. It's possible that a remodel of the condo could get you the space you need if there are space-saving methods and org...
by momvesting
Wed Jun 13, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Install different carpet styles/colors in same floor bedrooms?
Replies: 19
Views: 1348

Re: Install different carpet styles/colors in same floor bedrooms?

I assume there is some sort of common area or hallway between all of these rooms. If there is, this common area needs to have a very neutral-looking hard flooring, preferably hard wood. This will make the bedrooms with their different carpet patterns less unusual looking.
by momvesting
Tue Jun 12, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 3625

Re: Imagine a 10 year, 0%, noncallable loan

I would probably approach it as an opportunity cost question and compare it to some other known loan, expense, or savings product that was part of my life at the time the loan was offered. For example, if put it directly into prepaying $10k of my mortgage, I would figure out exactly how much that wo...
by momvesting
Sat May 05, 2018 9:04 pm
Forum: Personal Investments
Topic: Unusual Family Situation, Increase in Finances
Replies: 3
Views: 879

Re: Unusual Family Situation, Increase in Finances

I don't see life insurance in there anywhere. If you are not working, and it sounds like the kids' needs are too much for you to work if something happened to your husband, you would be up a creek. You need adequate term life and disability insurance on both you and your husband ASAP.
by momvesting
Thu Apr 26, 2018 11:27 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 14970

Re: Wedding - financial burden on couple and attendees

Like others have said, I think it’s their choice and I personally wouldn’t be offended or care if I was a family member, although I probably wouldn’t attend. One big concern I would have though is managing the engaged couple’s expectations of their guests. I had one bridezilla friend a few years ago...
by momvesting
Mon Apr 23, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: Your own General Contractor
Replies: 33
Views: 4361

Re: Your own General Contractor

I acted as my own GC and did quite a bit of DIY work myself when we finished our basement a few years ago. I know for certain that we saved a substantial amount of money, but there is one big downside, and that is time. Fortunately, I knew this going in and I was finishing a basement when we had no ...
by momvesting
Thu Apr 12, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Broker fee - I think I'm being taken advantage of
Replies: 8
Views: 1081

Re: Mortgage Broker fee - I think I'm being taken advantage of

If he is a licensed mortgage broker, in some states he could lose his license for this. I’d give your state’s mortgage licensing office a call and find out.
by momvesting
Sat Apr 07, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 19846

Re: Parents have zero savings. What can I do?

First, you need to privately discuss the situation with your wife so that you two are absolutely on the same page and that your stance is unwavering. This needs to happen ASAP. You don't want your wife making little comments like, "Oh, we might be able to help you a little if things get rough." We h...
by momvesting
Sat Mar 17, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: New job transition and pregnant - when to inform employer?
Replies: 30
Views: 3051

Re: New job transition and pregnant - when to inform employer?

She should definitely wait and get a feel for the new workplace. When I was pregnant, I was all ready to tell everyone when I hit my third month, but then the company started undergoing some major changes and reorganization. I kept my pregnancy to myself and at one point was part of a major decision...
by momvesting
Wed Feb 28, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Why have Emergency Funds?
Replies: 54
Views: 5169

Re: Why have Emergency Funds?

An e-fund is for someone like me. Our income is in the high 5 figures, but not 6. We save for retirement and college. We have a taxable account with about 18 months of expenses in it. But all this "pay myself first" type savings does not give me a whole lot of room for minor emergencies. By messing ...
by momvesting
Sun Feb 25, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 2252

Re: Which debt to pay down first?

I'm a little non-BH when it comes to debt. I like to have the smallest payment possible without paying higher interest for it. Then I will pay much more than the minimum, but I like a very low minimum so that my required monthly expenses are low. We are in a similar situation with a student loan, so...
by momvesting
Fri Feb 23, 2018 7:57 pm
Forum: Personal Investments
Topic: Should I Pay Learnvest for Financial Advice to Convince Wife?
Replies: 36
Views: 3090

Re: Should I Pay Learnvest for Financial Advice to Convince Wife?

I would move slowly, baby steps. First, get her to take all of that match! Convince her that she is throwing away free money. She may be able to put that increased amount in some FDIC insured money markets or something. I know it isn't your choice, but a 50% match, even on something earning under 2%...
by momvesting
Thu Feb 15, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick
Replies: 14
Views: 1576

Re: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick

I have a 2007 Pilot with AWD and at 107k miles we had to spend about $4k on a new transmission. We did some research and found out it is a very common issue that Honda refuses to recognize or fix, and apparently it is still a problem. Just the other day I was reading an Edmunds article about 2016s w...
by momvesting
Sun Feb 04, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this house?
Replies: 50
Views: 5807

Re: Can I afford this house?

How is your current neighborhood? If you like the neighborhood, then for the kind of money you are talking about, you could move out of your current place, rent a place for 6 months, and have your place completely remodeled so that the entire place is redesigned to your specific needs and remodeled ...
by momvesting
Wed Jan 31, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Choosing which room to sleep in
Replies: 48
Views: 5975

Re: Choosing which room to sleep in

Maybe it isn’t about the bedroom size. If it were me, I’d want whichever room has the biggest closet. My next consideration would be how much storage is in the bathroom. If both of those things were equal I would choose the one with the least noise and the least morning light from outside.
by momvesting
Mon Dec 25, 2017 10:18 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 8854

Re: manual car for new teen driver

I’m kind of in the same boat. We recently stumbled upon the Nissan Sentra. They are overstocked and the new 2017s keep coming down in price and the base model, which is a stick shift, is now around $11k.