Search found 48 matches

by spoco79
Tue Sep 04, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: I hit the magic side hustle milestone in August
Replies: 19
Views: 4933

I hit the magic side hustle milestone in August

I officially made more money in my side hustle than my real job. I do some IT-related consulting, and I had two big clients pay, and picked up a remote $1000/month gig. I'm not really looking at quitting and making the side hustle a full time job, but it is admittedly exciting. I took my wife out to...
by spoco79
Mon Jul 30, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Talk to me about Le Creuset
Replies: 53
Views: 6225

Re: Talk to me about Le Creuset

All of our cookware is LeCreuset. One of the first Boglehead recommended purchases we made. The quality to cost ratio is off the charts.
by spoco79
Sun Jul 29, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 90
Views: 10931

Re: Peloton spin bike worth the high cost?

My wife wanted one for Christmas. I looked into it and found a Facebook group where you could buy used ones. I bought one for $1500 that had been ridden for less than an hour. My wife liked the bike, but she wasn't into the classes. Lots of cursing, political statements and virtue signaling in a pla...
by spoco79
Sun Jul 29, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Boy's first job
Replies: 38
Views: 3845

Re: Boy's first job

My first job was shagging golf balls at a driving range. Paid $4.75 an hour. Had to drive around in one of those little carts with the cage on it while everyone tried to hit me. A guy nailed me one day and then offered to buy me lunch. He was one of the most successful people in my hometown - owned ...
by spoco79
Fri Feb 16, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Digital alarm clock suggestions?
Replies: 38
Views: 3738

Re: Digital alarm clock suggestions?

I know that its probably overkill, but I bought an Amazon Echo Show and use it as an alarm clock in addition to all of its other capabilities.
by spoco79
Tue Jan 02, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 3046

Re: College scholarships: How much should I pencil in for my future students?

It absolutely is true. Football, men's basketball, women's basketball and women's volleyball at the high Division I level are the only places you see full ride athletic scholarships. Women's softball is close, but not at the same level as the other sports. Baseball, which is the epitome of the yout...
by spoco79
Tue Jan 02, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 3046

Re: College scholarships: How much should I pencil in for my future students?

I found this article enlightening. http://www.nytimes.com/2008/03/10/sports/10scholarships.html Apparently it is far more cost effective to put your money in a 529 than to pump it into all the sports camps necessary to get an athletic scholarship. It's dated though by a decade. Who knows how this T...
by spoco79
Tue Jan 02, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 3046

Re: College scholarships: How much should I pencil in for my future students?

What state are you in and I'll give you a quick look at what to expect.
by spoco79
Tue Jan 02, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: College scholarships: How much should I pencil in for my future students?
Replies: 54
Views: 3046

Re: College scholarships: How much should I pencil in for my future students?

Full disclosure: Im a college administrator. I wouldn't count on $0, especially for a halfway decent student. But a high SAT/ACT score doesn't usually mean full ride. If you calculate that your student will be in the top quartile in test scores, then that amounts to about 50% of tuition at average s...
by spoco79
Fri Dec 15, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 4561

Re: How to deal with Micro-manager

Early in my career, I had a manager who had been promoted to that role a month or so before I came on. I was his first direct report. In my first few days, he had taken several thousand dollars to pay a consultant to come in and train the two of us on a system that I knew my way around on an expert ...
by spoco79
Thu Dec 14, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 393
Views: 69191

Re: Retirement Account Stolen by Identity theft

The same thing happened to my elderly grandmother. Ended up being a <former> family friend. She didn't wipe her out, but took her for about $10k. The security questions were things along the line that anyone close to my grandmother would have known. My grandmother refused to press charges so the thi...
by spoco79
Wed Dec 13, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 3691

Re: WHO IS RIGHT ME or SPOUSE

My grandfather did the same thing. A crisp $100 bill in a bank envelope. When I got married, my wife started getting an envelope as well. Now all three of us are married with children, and the great grandchildren get $100 as well. My oldest brother's oldest daughter is expecting a ring for Christmas...
by spoco79
Tue Dec 12, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless: What are the gotchas?
Replies: 38
Views: 2924

Re: Cricket Wireless: What are the gotchas?

The only negative of a smaller wireless company that uses a big network (Cricket, Boost, StraightTalk etc.) is that your texts and calls are second priority to mainline customers. So in the event of an emergency, its likely you will not be able to use your phone. Doesnt matter one bit to me, but tho...
by spoco79
Wed Sep 27, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 132
Views: 21372

Re: My boneheaded financial mistakes

Too many to count, but here are the highlights! 1. When I was 24, I left a job with a $14,000 in an IRA. I cashed it out and blew it, then got hit with a big tax bill. 2. I invested in a friend's business venture. The friend disappeared as quick as my money did. 3. I bought a home at the peak of the...
by spoco79
Sun Sep 10, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinsured on my autos?
Replies: 20
Views: 2001

Am I overinsured on my autos?

My family has two vehicles. A 2007 Volvo sedan that I drive 20 miles/day to my job as a college professor, and a 2015 Nissan Murano that is my wife's "take the kids everywhere" vehicle. I recently received my 6 month renewal notice from Allstate and was floored. The premium is $1236 for liability on...
by spoco79
Tue Sep 05, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: how often does high ACT score == scholarship?
Replies: 102
Views: 10628

Re: how often does high ACT score == scholarship?

College professor here What state are you in? In some states, those stats would get you a full ride at the state universities. In others (North Carolina, Texas, California, Georgia) the lower GPA will hurt. My niece just got $120,000 at the University of Alabama for a 4.0/31 ACT. She's in-state, and...
by spoco79
Wed Aug 23, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 4740

Re: Would you hire an obese nanny?

No need to apologize.

Obesity doesn't bother me, but I won't hire people with visible tattoos.
by spoco79
Mon Aug 21, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Dental Insurance/Costs
Replies: 25
Views: 2669

Re: Dental Insurance/Costs

My wife and I rarely disagree. We disagree on dental insurance. She thinks it is a must have. Family coverage through her employer is roundly $110/mo., $1320/year.

Outside of cleanings, the max benefit is $1500/year. Nothing significant is covered until after 12 months. Its a terrible deal for us.
by spoco79
Sun Aug 20, 2017 5:29 pm
Forum: Personal Consumer Issues
Topic: Frozen steaks ordered through the mail
Replies: 29
Views: 3929

Re: Frozen steaks ordered through the mail

Check for a local farm. We have one that does this. I buy them vacuum sealed and flash frozen and the cows were born 15 minutes from my home.

They may ship. Contact them.

http://www.remingtonlottfarms.com
by spoco79
Thu Aug 17, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 59
Views: 9940

Re: Little P**S Ants

3/4 C sugar and 1/4 C of borax or boric acid

Let those ants --admin LadyGeek take it back to their queen as a gift.

It works!
by spoco79
Thu Aug 17, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 5305

Re: Other people's perception of your finances

My wife has a brother who lives in a HCOL desirable area. He welcomes us whenever, but I always pay for dinners out. They have young kids and we will keep them while they go do whatever. A couple of dinners and some babysitting is much cheaper than a hotel and its courteous - except when I suggest t...
by spoco79
Wed Jul 26, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Reasonably priced Data recovery?
Replies: 1
Views: 268

Reasonably priced Data recovery?

I have a 1 TB external hard drive that has pretty much died. There are some files that I need off of it. Is there a reasonably priced data recovery solution that a Boglehead can recommend?
by spoco79
Thu Jul 20, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 123
Views: 10123

Re: Would you let your teenager spend all his savings on a gaming computer?

I was not a gamer, but I did build my first computer back in the 90s. Learned how everything worked together and some valuable skills. A conservative estimate of what I have made "on the side" in my 20 years since building computers and coding would be north of $50k, including $5,000 one month betwe...
by spoco79
Thu Jul 20, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why has anyone not capitalized on this?
Replies: 10
Views: 2650

Re: Why has anyone not capitalized on this?

It is taught in K-12, just not required in many states. My wife teaches it. Here in Mississippi, the state treasurer pushed for legislation to make it required and the lobby that represents pay day lending fought it until it failed in committee. Oh, and a very popular school-based curriculum exists:...
by spoco79
Thu Jun 29, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 18524

Re: How did you handle the costs of your child's wedding?

We have saved since birth for our one daughter's wedding. I think right now I have it set at $50 going into a total stock fund every month. I figure by the time she's 24, it will be worth $26-$28k. The "average" wedding cost nonsense is just nonsense. My wife and I were married in a church with a wo...
by spoco79
Thu Jun 29, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Getting a new cooktop, gas vs electric?
Replies: 72
Views: 6219

Re: Getting a new cooktop, gas vs electric?

Gas is infinitely better than electric, but induction is just as good as gas and doesn't require the gas hookup. I'd price an induction cooktop as well. They are $$$, though - but again, no need for a gas hookup so the price may be similar.
by spoco79
Tue Jun 27, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: swimming goggles
Replies: 29
Views: 3131

Re: swimming goggles

I use the MP Xceed. Made in Italy. No leakage and the anti fog actually works
by spoco79
Mon Jun 26, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 21800

Re: Sam's Club vs. Costco

I have both, and both are relatively close to home. I agree with the above poster. Sam's is a lot better for business purchases (office supplies, tech, etc.) and Costco is better for consumer.
by spoco79
Mon Jun 26, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Won an ATV in a raffle...now what?
Replies: 39
Views: 5130

Re: Won an ATV in a raffle...now what?

I actually have experience with this, sort of. The difference is that my win was a insurance win from a dealer-sponsor - it sounds like the college had a donation of the ATV and actually has possession of it. I won a boat in a "hole in one" contest. It remains the only ace in my not so illustrious g...
by spoco79
Mon Jun 26, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Buy condo at Trump Tower Chicago a good deal?
Replies: 24
Views: 4814

Re: Buy condo at Trump Tower Chicago a good deal?

Illinois practically going bankrupt is about to have some serious implications. Its never happened before so we don't know how or what it will affect. I'd be gun shy on this one.
by spoco79
Mon Jun 26, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Paper Receipts
Replies: 28
Views: 3824

Re: Best Practices for Managing Paper Receipts

We bought a NeatConnect scanner (the one that doesnt need to be hooked up to a computer). Scan and send to a cloud drive. Once a week I go in and organize them neatly into folders and subfolders.
by spoco79
Mon Jun 26, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 12877

Re: Where to find a financially like-minded significant other?

Sounds like you have a good idea for a new dating site!

BogleDating.com!!!!

Question 1: Do you spend more money than you make on a regular basis? If yes, redirect to match.com
by spoco79
Mon Jun 19, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 27652

Re: Siblings in disagreement over mom's house.

How about gifting your shares? You and your siblings that don't want it can gift shares to the others that want it. I don't see why you would fight over approx. 50k. I hate when people on the Internet say things like this. I am in the two comma club and $50k is still a great deal of money. I would ...
by spoco79
Mon Jun 19, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 8599

Re: Best Financial Advice from Dad (in honor of father's day)

My dad valued hard work and education. He was a chemical engineer that worked in a plant that made road paint for 35 years. 2 weeks after he retired he was diagnosed with lung cancer. Not being a smoker, it was likely from breathing in all that crap. Investing wise - he wasn't an all-star by any mea...
by spoco79
Fri Jun 09, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 15011

Re: Dave Ramsey Financial Peace University ??? worth it?

Dave Ramsey is part of what I call a "milk to meat" paradox. For someone $30k in credit card debt and no savings, Dave Ramsey's strategies are going to seem like the invention of the wheel (even though it is simply common sense). He advocates aggressively paying off debt (even says to stop investing...
by spoco79
Sat Jun 03, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14021

Re: Teachers: what are your best personal finance tips?

I've said I would do the same thing before, but I really only have about three topics. Maybe I can be a guest contributor on your blog. I am a college professor and my wife is a high school teacher in a very low cost of living area. We have done very well for ourselves, and it grieves me to hear bri...
by spoco79
Tue May 23, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 7112

Re: How to Invest Church Money

Saying you are an elder tells me that we may be in the same denomination.

If so, the PCA has an Investment fund.

https://pcafoundation.com/churches/designated-funds/
by spoco79
Mon May 15, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Signature Cookware vs Calphalon?
Replies: 29
Views: 19349

Re: Costco Kirkland Signature Cookware vs Calphalon?

We pieced together a Le Cruset set over the years. Its expensive, but will last a lifetime.

If you are close to an outlet, they routinely run 40% off sales.
by spoco79
Mon Apr 24, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Orlando Disneyland advice
Replies: 21
Views: 2445

Re: Orlando Disneyland advice

I booked a Disney trip on Costco Travel and got a great deal for my family. We stayed at a 4-star property off of Disney that had a shuttle for less than what you would pay at a moderate Disney property.
by spoco79
Fri Apr 07, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 4922

Re: Telling Family About Daughters 529 For Gifts

No luck with getting family to do it, but we simply give less junk and invest. Right now I have three accounts setup for my 6-year old daughter: College fund Wedding fund First car fund We've taught her to try to save more than she spends. She got her first comma last Christmas and is starting to un...
by spoco79
Thu Mar 30, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 27419

Re: What was your costliest investment mistake?

Made a huge mistake moving jobs that set off a chain reaction. I had interviewed for what I thought was a great position, and was one of the two finalists. One of my references (former manager) was the other finalist, and had applied for the job when I told him that I was applying and listing him as...
by spoco79
Sun Mar 19, 2017 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, New to BH
Replies: 5
Views: 873

Re: New to Investing, New to BH

I work for an organization that will pay college tuition at any private university in the country, up to $34,000/year. OP, Welcome to the forum. I would love to work for your company. It certainly is a nice benefit. My boss currently has two kids in college at $40k/year schools. It's pretty simple ...
by spoco79
Sun Mar 19, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help: I think I can do better
Replies: 5
Views: 565

Portfolio Help: I think I can do better

I'm okay with where I am right now, but I think I can be better. Have started to read a ton of books that should help, but the collective wisdom of this forum is hard to beat. College professor, age 37 Wife, SAHM, age 36 Salary: $105k IRA: 8% dollar for dollar match, but its limited (TIAA) No debt e...
by spoco79
Tue May 17, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 8942

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

Can't you cash the check and do nothing? Something about this doesn't seem right. Is this not insurance fraud? No, its not insurance fraud. Insurance fraud would have been you intentionally damaging the roof and filing a claim. Your roof was damaged. Either repair the roof or stick the $10k in a sa...
by spoco79
Wed May 04, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 148
Views: 14614

Re: University of Virginia vs University of Miami

Put me in the wheelhouse of one that believes that there isn't that much difference in the 26th ranked and the 51st ranked university, considering that there are over 4000 in the country. Now, there is probably a difference in perception. UVA is considered a "public ivy," one of the top public colle...