Search found 392 matches

by veindoc
Tue Feb 19, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: How Much Home Value Added by Finishing Basement?
Replies: 34
Views: 2317

Re: How Much Home Value Added by Finishing Basement?

I’m shocked that people are so down on you finishing the basement. In the Midwest where I live, everyone has a basement and a finished basement is a huge plus almost expected. In fact if you went to an open house and the basement was unfinished, buyers would be ticking off the cost of finishing the ...
by veindoc
Tue Feb 19, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: How to repair credit due to late Bank of America payment
Replies: 33
Views: 1227

Re: How to repair credit due to late Bank of America payment

Call them again. Same thing recently happened to me. Old card, rarely used, small charge. Alerted to the problem with credit monitoring service. Called billing to pay the card off. They said nothing they could do to remove the entry on the credit report. I was was very disappointed. Two days later w...
by veindoc
Thu Feb 14, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: NYC area, buying first home- where to begin?
Replies: 22
Views: 2047

Re: NYC area, buying first home- where to begin?

As a first timehomebuyer, I would start with a good realtor that can talk you through the process once you’ve identified your target neighborhood and backup neighborhood. Interview a few. My realtor knew what we wanted and “previewed” houses before showing them to us. She didn’t waste our time showi...
by veindoc
Thu Feb 14, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Being content with your finances
Replies: 106
Views: 8378

Re: Being content with your finances

I agree that I’m blessed but can’t shake the feeling of always needing to do more and straight up feeling lazy when I’m not doing something productive. I know exactly how you feel. The problem is not financial. I don’t know what it is, but I have the same issues. Some of it could be rooted in hyper...
by veindoc
Wed Feb 13, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5672

Re: Newlyweds and joint accounts for household expenses

How does joint + individual work in practice? We have Fidelity. Is it 2 login accounts, 1 brokerage account each (the individual account), 1 IRA each, 1 joint brokerage, 1 joint CMA, 1 family HSA, and both users being authorized to transfer funds between accounts as needed? Essentially yes. My husb...
by veindoc
Tue Feb 12, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5672

Re: Newlyweds and joint accounts for household expenses

I think if you and spouse have high enough incomes to have money left over after your expenses, then separate accounts work well. I know it does for my wife and me. We have enough taken out of our paychecks to fully fund 401k contributions and IRAs for each of us, and that takes care of our combine...
by veindoc
Tue Feb 12, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Newlyweds and joint accounts for household expenses
Replies: 120
Views: 5672

Re: Newlyweds and joint accounts for household expenses

My husband makes twice as much as I do and I pay for everything out of my individual account. We have never spent time calculating what percentage of expenses either of us is responsible for. We have a joint account where we funnel extra money at the end of the month and it ultimately makes its way ...
by veindoc
Sun Feb 10, 2019 9:13 pm
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 7416

Re: How many hours do you work and what do you outsource

thanks all for your replies. Yes I'd say our finances are in order. No debt (house is paid for), run a weekly budget, saving for retirement and college. My kids do their own laundry usually (my 13 year old does 100% my 11 year old is maybe 75% solo but getting better) honestly it is MY laundry that...
by veindoc
Thu Feb 07, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Private school tuition on $200k hhi
Replies: 55
Views: 3000

Re: Private school tuition on $200k hhi

[quote=Rupert post_id=4367763 time=<a href="tel:1549553124">1549553124</a> user_id=39388] We do prefer religious education , but at the same time I am questioning if it is worth it I’m the long run. I live in an area with fantastic public schools. People flock to this city simply for the schools. H...
by veindoc
Wed Feb 06, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Private school tuition on $200k hhi
Replies: 55
Views: 3000

Re: Private school tuition on $200k hhi

Just to be clear. At 25k/year that is more than 10% of your gross income. I didn’t count summer camp/aftercare since you would have that anyway even with public school. You don’t list your budget but your other major expenses don’t seem to high. Having said that your retirement accounts seem low bas...
by veindoc
Wed Jan 30, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Legos as alternative asset class
Replies: 36
Views: 2745

Re: Legos as alternative asset class

Lego minifigures are quite valuable. My son used to make me buy sets just so he can have the mini figure for his stop motion films. When I caught on to what he was doing, I started buying just the minifigures on eBay/Amazon . If I am lucky they are $6-7. If unlucky one could cost as much as $25. Ave...
by veindoc
Tue Jan 29, 2019 9:14 pm
Forum: Personal Consumer Issues
Topic: Sharing Elementary Class Photos
Replies: 40
Views: 2797

Re: Sharing Elementary Class Photos

Can you scan photos and put it on the schools webpage under a password protected page? Find a FB page of the elementary school to alert those that might be interested? Have them email you to the school for the password. Our preschool teachers did that. Posted photos of the kids in the classroom and ...
by veindoc
Sat Jan 26, 2019 9:23 pm
Forum: Personal Consumer Issues
Topic: Maximum Travel Distance for Elementary, Middle and High School
Replies: 24
Views: 1479

Re: Maximum Travel Distance for Elementary, Middle and High School

My child just got an offer letter from a K-12 charter school that is top 3 best schools in the state (according to test schools). The school is approximately 20 minutes away (15 miles). We didn't make it in based upon the initial lottery but were very high on the lottery list and just got notified ...
by veindoc
Sun Nov 25, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Unsatisfactory Hotel Experience
Replies: 27
Views: 2990

Re: Unsatisfactory Hotel Experience

Can’t hurt. I stayed at a Hampton Inn months ago. I believe my neighbors were part of a family reunion because they were running back and forth between rooms. The walls were thin to the point when the door opened in the room next to or across from mine it shook my door so much that it felt like some...
by veindoc
Tue Oct 16, 2018 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable cost for a forever home?
Replies: 27
Views: 3643

Re: Reasonable cost for a forever home?

I started with a set of criteria: At least four bedrooms, preferably five. One for us, two for kids and two for multiple guests. Don’t want to trip over anyone sleeping on an air mattress in my living room. Had to have a home office. At least 3 full bathrooms and a half Large mud room laundry (on ma...
by veindoc
Sat Oct 13, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Best business credit card
Replies: 6
Views: 537

Best business credit card

Hello all, I have some business related expenses coming up and am looking for a dedicated business credit card that offers some rewards/points preferably cash. I already have a personal American express platinum card, Chase Reserve credit card, and Capital One Ventures. All three are fine, but I'd l...
by veindoc
Sat Oct 13, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Anyone done a Hair Transplant?
Replies: 79
Views: 6231

Re: Anyone done a Hair Transplant?

[quote=PaulAtreides post_id=4158624 time=<a href="tel:1539205321">1539205321</a> user_id=129239] Hello there, I was wondering if anyone on this forum has done a hair transplant or knew someone who did and the experience/results that were observed. I am 33 and severely balding, been considering a tr...
by veindoc
Wed Oct 10, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pls help us design our family life!!!
Replies: 42
Views: 5452

Re: Pls help us design our family life!!!

Can you start by modifying your hours now? My cousin who’s works in govt used to to a 6-3 schedule. Hubby got kids off to daycare/school and she picked them up. This might give you some of the work life balance you want and possibly reduce child care costs giving you some breathing room.
by veindoc
Sun Sep 30, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer patient - Estate planning for minor beneficiary
Replies: 14
Views: 1561

Re: Cancer patient - Estate planning for minor beneficiary

First of all, sorry to hear this.
Does your child need access to these funds while as a minor? It seems you could set up the trust for your son to inherit once he is in the majority.
by veindoc
Mon Sep 24, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5348

Re: Vacation without saving adequately?

that’s an easy one... “No ski trip for you” you need to get comfortable staying within your financial boundaries; in this case, since you didn’t prepare for that trip, and to take it would mean either not saving adequately or creating debt that would impact future savings, the answer is CLEAR... NO...
by veindoc
Tue Sep 18, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can I really retire? Please check my math and poke holes.
Replies: 48
Views: 5965

Re: Can I really retire? Please check my math and poke holes.

I feel like you have “just” enough.
It may work out great but you could be left a little short. Sequence of returns could be a real risk.
Any interest in taking a fun side job during retirement - to generate the fun money?
Any heirs to consider?
by veindoc
Tue Sep 18, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 5024

Re: Dilemma: Add room to current house or buy new house?

I would just buy the other home. Just because a house is big doesn’t mean it functions well. We live in a 5000sq foot home and it sometimes feels too small because of the size of the rooms. The entry way/hallway is way too expansive. It looks impressive but is just not practical. The entry way itsel...
by veindoc
Sat Sep 08, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Getting Top Dollar for Selling our Condo
Replies: 16
Views: 1338

Re: Getting Top Dollar for Selling our Condo

Would definitely have appliances match. Would have it “staged” with trendy decor. Is there a washer/dryer in the unit? That’s always a selling point no matter where you live. Could you borrow some bathroom space to add the hook-ups since bathroom is large? What is the issue with the leaks? Since you...
by veindoc
Sat Sep 08, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: Getting Top Dollar for Selling our Condo
Replies: 16
Views: 1338

Re: Getting Top Dollar for Selling our Condo

Have you looked at other condos in the building? You mentioned it is in an up and coming area so you don’t want to over-improve. Would also suggest having realtors come in to evaluate apartment and offer suggestions.
by veindoc
Thu Aug 30, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12487

Re: Mega Downsize....

Never had a problem with free cycle. I’ve met people in parking lots and have left things for porch pick-up. I’ve been to people’s porches to pick things up.

I guess with everything buyer beware but I am grateful that I have not had a problem.
by veindoc
Thu Aug 30, 2018 8:43 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12487

Re: Mega Downsize....

I second the idea of buying your new home before you eliminate items (if you can afford it) and taking only what you want. Have an estate sale in old home once you’ve moved. Hire a company. Donate what doesn’t sell. List home. I am trying to clear out our basement which has become a sea of toys. But...
by veindoc
Thu Aug 30, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: Body language coach?
Replies: 26
Views: 2986

Re: Body language coach?

I would look to enroll in a public speaking class at a community college. Look for one where you are videotaped. It’s like when you hear your recorded voice for the first time. It’s very enlightening. I had the opportunity to watch serial videos of me and I saw myself improve over time. Don’t get di...
by veindoc
Sun Aug 26, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 9973

Re: What is your stealth way to save monthly?

Thank you for the thoughtful comments above. Perhaps a better word would have been 'hack' or a way to 'boost savings in a clever/automatic way'? I am already happy with the savings rate. That is thanks to to good health, being lucky, working hard, and learning from sources listed above. Another exa...
by veindoc
Fri Aug 24, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 8111

Re: I still use cash not credit cards should I reconsider?

I spend less when I use cash than when I use a credit card. I have at least ten cards with limits of 30,000 on many of them. I am not going to sweat a $20 purchase. If I only have $300 in my pocket and I have to go to an ATM to get more than yes I will sweat the $20. I would be curious to see if you...
by veindoc
Thu Aug 23, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Specific Disney fastpass suggestions
Replies: 10
Views: 1328

Re: Specific Disney fastpass suggestions

Also, we decided against the dining plan, but am curious if anyone saved some $$$ by bringing water or beverages into the MK? We never ate at the park.We brought drinks and food from the supermarket. Everything was stored in a cooler. We just packed daily. We brought fruit (watermelon is delicious ...
by veindoc
Fri Aug 17, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Non-owner contributing to home renovations: what's fair?
Replies: 39
Views: 2599

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

Perhaps a simple equation might work best. If your house is now worth $500,000 (just an easy number to work with) and your partner pays for $10,000 in renovations, that $10,000 represents 2% of the value of your home. If you sell in five years and the sales price is $600,000, apply that same 2% to ...
by veindoc
Fri Aug 17, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: eBay seller issue
Replies: 13
Views: 1382

Re: eBay seller issue

I read an article a year ago about a seller issue with eBay. I can’t remember the details but a story similar to yours. Unfairly blocked from selling. That person then listed their items on Shopify and they all sold. I had never heard of Shopify but felt the world needed an alternative to eBay and A...
by veindoc
Thu Aug 16, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Non-owner contributing to home renovations: what's fair?
Replies: 39
Views: 2599

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

Raybo wrote:
Thu Aug 16, 2018 8:14 pm
How much money is involved? If just a few thousand, I’d consider it a gift and leave it at that. If your partner doesn’t like that, don’t accept the money.

If you want to keep things separate, keep them separate.
This. It would be a gift.
by veindoc
Wed Aug 15, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?
Replies: 14
Views: 935

Re: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?

Dang... I guess I have been pretty narrow minded about home ownership. I jumped right into it because I thought it was a good idea to have your own home. I honestly did get taken aback a little bit when I realized how expensive taxes would be. Would it change anything if I decided to rent out the s...
by veindoc
Wed Aug 15, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2597

Re: Travel over thanksgiving holiday, drive or fly?

livesoft wrote:
Tue Aug 14, 2018 8:24 pm
I used to live on Long Island. It would take about 4 hours to get off the island during Thanksgiving traffic when normally it would take about an hour.

ugh

It is not clear what your extra hour after reaching NYC is spent doing.
The extra hour is getting from the GW Bridge to my parents home.
by veindoc
Tue Aug 14, 2018 10:15 pm
Forum: Personal Investments
Topic: Wife got a new job! Please evaluate my portfolio...
Replies: 24
Views: 2126

Re: Wife got a new job! Please evaluate my portfolio...

Can you start with your annual income now and then once wife starts working? Also what are your annual expenses? I’m trying to judge here if you have enough in retirement. Where is your efund and why is it so pitifully underfunded? One month expenses, that’s it and you were a single income family. W...
by veindoc
Tue Aug 14, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2597

Re: Travel over thanksgiving holiday, drive or fly?

kaudrey wrote:
Tue Aug 14, 2018 1:11 pm
As someone who has to drive up and down between DC and Boston relatively regularly, and had to do it last year on the Sunday after Thanksgiving - I vote FLY. That Sunday was my worst road trip EVER, and it took 150% the time it should have.

What time did you leave?
by veindoc
Tue Aug 14, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2597

Re: Travel over thanksgiving holiday, drive or fly?

Not going is unfortunately not an option. Going alone is an option however if I can find someone to watch the kids overnight on a holiday weekend. Going to be tough though. Kids are seasoned travelers age 10, 8, and 5 and we have had our fair share of airport delays that I know they can cope. I thin...
by veindoc
Tue Aug 14, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2597

Re: Travel over thanksgiving holiday, drive or fly?

You didn't state where you are coming from. Given the busy weekend and three kids, I probably wouldn't fly. If you're coming from New England, I would recommend driving to the New Haven station and taking the train the rest of the way into NYC. I'm coming from Northeast Ohio. Train is 12 hours to N...
by veindoc
Tue Aug 14, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2597

Travel over thanksgiving holiday, drive or fly?

We have a wedding to attend for a close relative this Thanksgiving weekend. The wedding is on Saturday after turkey day, starting at 4pm.My husband is on call the whole weekend so I will be traveling alone with the three kids. I would like to spend as much time with him as possible so leaving before...
by veindoc
Tue Aug 14, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Claiming airline compensation
Replies: 9
Views: 914

Re: Claiming airline compensation

My question really relates to the nuts and bolts of it. I don’t have experience with this and wonder if it is better to call, ask in writing, or open up a Twitter account with 0 followers and tweet about it. Had I been the one to drop them off I would have asked the agent since they had six hours, b...
by veindoc
Tue Aug 14, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Claiming airline compensation
Replies: 9
Views: 914

Claiming airline compensation

We recently flew to Europe traveling multiple legs. The tickets were booked through Orbitz. One leg was significantly delayed and upon returning, orbitz via airhelp offered to obtain compensation for the flight. The total amount was $2200 offered for the five of us. Figured nothing to lose and submi...
by veindoc
Mon Aug 13, 2018 9:50 pm
Forum: Personal Consumer Issues
Topic: What is the best way to determine if one should buy something or save their money?
Replies: 29
Views: 2037

Re: What is the best way to determine if one should buy something or save their money?

I generally decide how much I am going to save a year. We try for at least a third of our gross salary but ideally 50%. Then I automate it. What’s leftover is free for me to spend. At the same time I do not like to overspend on things so favor sales/clearance. I also do not like to pay for things I ...
by veindoc
Wed Aug 08, 2018 2:15 pm
Forum: Personal Investments
Topic: Help please - Received IRS tax notice CP2000
Replies: 11
Views: 1217

Re: Help please - Received IRS tax notice CP2000

Pay the IRS what is due if you agree with it.
File an amended federal return for 2017 with tax and penalty due.

File amended returns for 2016 and 2017 with the state.

Update your address with the 1099 issuers.
by veindoc
Tue Jul 31, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 201
Views: 14896

Re: Joint Ownership of home with second wife

Financially, I gain the following: * With her extra income, I afford to buy into a neighborhood with better schools if that is more important in the future. This also leaves potential for buying a second winter home in retirment * I could inherit her 401(k) if I outlive her, although that's not ver...
by veindoc
Tue Jul 31, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 201
Views: 14896

Re: Joint Ownership of home with second wife

How old are the kids? Do you have full custody or shared? I would leave the kids out of the house. Buy a home you both love. Put down equal down payments and share expenses 50/50. If you divorce split 50/50. If you die, she gets it all. Set aside cash/stocks for the kids inheritances in an amount yo...
by veindoc
Mon Jul 30, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Pay Down Question
Replies: 37
Views: 2245

Re: Credit Card Pay Down Question

Whatever behavior got this person into 11K in high-interest rate CC debt needs to change. And IMHO the path of scrimping for several months is more likely to change that behavior than the withdrawal from the IRA. +1. Roth is easy way out.What’s the plan when they find themselves in cc debt again? K...
by veindoc
Sun Jul 29, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: I think it's time to cut the landline cord, how to do it?
Replies: 25
Views: 3195

Re: I think it's time to cut the landline cord, how to do it?

My kids were with the babysitter and she had a seizure and became unresponsive. My son age 9 used the landline to call me to cal 911. I wouldn’t get rid of it until the kids had cellphones.
by veindoc
Fri Jul 27, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3875

Re: Decision for Stay at Home Wife?

Wow, appreciate all of the quick feedback on this. I haven't had the honest conversation with my wife yet, but just wanted to have this as an option in the back of my mind in case she does want to go that route. I get the "feeling" that she wants to be a SAHM based on her asking if she could take t...
by veindoc
Thu Jul 26, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Starting from scratch
Replies: 17
Views: 2075

Re: Starting from scratch

I found this page for you re student loan refinancing.Doesn’t answer your question directly but should get you started.

https://www.whitecoatinvestor.com/12-th ... financing/