Search found 59 matches

by Goinganontoday
Sun Feb 17, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Strategy For Student Loans
Replies: 48
Views: 3805

Re: Strategy For Student Loans

Here’s an option that I haven’t seen yet...student loans typically allow in school deferments meaning that if you take college courses, your loan payments can be deferred while you are taking the courses. If any of your loans are subsidized, interest will not accrue during the period of the deferme...
by Goinganontoday
Sun Jan 27, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 127
Views: 15820

Re: How much money did you receive from family? (Gifts/inheritance)

Nothing. I don’t expect anything in the future. I would be amazed if my mother is not in deep debt when she dies and dies with the expectation that I’ll just find a way to fix everything for her. What would there be to fix? You aren't responsible for her debt. My mother has pretty much told me that...
by Goinganontoday
Sun Jan 27, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy For Student Loans
Replies: 48
Views: 3805

Re: Strategy For Student Loans

Here’s an option that I haven’t seen yet...student loans typically allow in school deferments meaning that if you take college courses, your loan payments can be deferred while you are taking the courses. If any of your loans are subsidized, interest will not accrue during the period of the defermen...
by Goinganontoday
Mon Jan 21, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 127
Views: 15820

Re: How much money did you receive from family? (Gifts/inheritance)

Nothing. I don’t expect anything in the future. I would be amazed if my mother is not in deep debt when she dies and dies with the expectation that I’ll just find a way to fix everything for her. My DH has not inherited anything, although it’s very likely that he will inherit from his mother when sh...
by Goinganontoday
Sun Jan 20, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 20017

Re: Are You Dumping Netflix?

We ended up cancelling it. We have Amazon Prime anyway and just use that as a replacement for Netflix. We also borrow DVDs from our public library, which has a pretty extensive collection. We didn't entirely cancel it because of the price increase, but when the price increased, we could no longer ju...
by Goinganontoday
Sun Jan 20, 2019 10:19 am
Forum: Personal Investments
Topic: Transferring Lively HSA to Fidelity...Need Address
Replies: 2
Views: 388

Transferring Lively HSA to Fidelity...Need Address

I am transferring my Lively HSA to Fidelity. I'm nearly through the process, but Fidelity needs Lively's address. I've looked all over Lively's website, but I'm not finding it. For those of you who have already made this transfer, what address did you use for Lively?

Thanks!
by Goinganontoday
Sun Aug 19, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 191
Views: 32254

Re: Teachers Who Have Net Worth of $1 million +

Where I live...east bumble PA...teachers at a not so great school district max out at around $75k. Thats LOT of money for the area. Not to mention when a teacher retires with full benefits...they receive around $70k/year pension for life. Yeah...most shouldnt have an issue becoming millionaires. I ...
by Goinganontoday
Sun Jun 03, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Covering a Non-Dependent Child on Employer's HDHP with HSA
Replies: 2
Views: 417

Re: Covering a Non-Dependent Child on Employer's HDHP with HSA

Thank you. I’ve heard of other people making similar changes during non-open enrollment periods and didn’t know if there was a typical qualifying event or other detail that I didn’t know about that allows for this. We will be following up with both of our companies, although his HR is damn-near usel...
by Goinganontoday
Sat Jun 02, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Covering a Non-Dependent Child on Employer's HDHP with HSA
Replies: 2
Views: 417

Covering a Non-Dependent Child on Employer's HDHP with HSA

I've read through past posts about this, but nothing I've read seems to be exactly on point so I'm hoping that someone here might be able to help me out. My fiancé and I have two young children. We live together and equally support the children. We're trying to figure out if it is possible to change...
by Goinganontoday
Sun Apr 15, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 5889

Re: What percentage of you 2017 income can you account for?

100%. We track everything using YNAB. After the initial set up and getting accustomed to it, we spend very little ongoing time managing it. We have a bunch of categories, but that’s not really necessary. We just prefer to have it that way. The basic groups of categories we use are monthly expenses (...
by Goinganontoday
Sat Apr 14, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: When/how did you start teaching your child about personal finance?
Replies: 34
Views: 3448

Re: When/how did you start teaching your child about personal finance?

Our kids are 3 and 7. When it comes up, we will mention the benefits of saving for something that we want and whether something is in the budget. The 7 year old has certain chores that he is expected to do as part of the family and then extra chores that he can do to earn money. He knows that we wil...
by Goinganontoday
Sun Mar 18, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: no health insurance as an early retirement strategy
Replies: 30
Views: 2824

Re: no health insurance as an early retirement strategy

I think you’re forgetting that people can’t sign up for healthcare whenever they get sick. The ACA sign up window, absent qualifying events (which getting sick is not one), is fairly short each year. If you get sick and need significant medical services that cannot wait until that period of time, yo...
by Goinganontoday
Sun Mar 11, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting interactive guide to early retirement & FI
Replies: 29
Views: 4902

Re: Interesting interactive guide to early retirement & FI

I had fun working out the numbers in this article. I’m curious what others think of it.
by Goinganontoday
Sat Mar 10, 2018 5:28 pm
Forum: Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 13814

Re: Ok fellow bogleheads, was the correction scary or nothing?

Soon2BXProgrammer wrote: Wed Mar 07, 2018 6:24 pm there was a correction?
+1
This was my exact thought.
by Goinganontoday
Thu Mar 08, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking multiple savings goals in one account
Replies: 16
Views: 2380

Re: Tracking multiple savings goals in one account

I keep a monthly budget using You Need A Budget (YNAB). Unless I'm reconciling the accounts, I don't bother looking at bank accounts. If I want to know how much money I have designated for a particular line item, I look at that line item in YNAB. This could be done with a spreadsheet, but YNAB syncs...
by Goinganontoday
Sun Jan 28, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 84
Views: 7349

Re: Poll: BHs who rent - what % of gross do you spend on rent?

When we moved in, rent was 34% of gross (single income). After nearly four years with the same rent (I love our landlord), it's around 10%.

We are saving for a down payment, but refuse to move until our youngest is in kindergarten because the location of our rental makes it a dream spot until then.
by Goinganontoday
Sun Jan 28, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2544
Views: 257753

Re: Netflix, Your Current Favorite Show

The Good Place
Sherlock Holmes
The Great British Baking Show
by Goinganontoday
Sat Jan 27, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 9087

Re: Who taught you about financial responsibility?

My mother. She has made horrible financial decisions her entire life. I never wanted to be in the financial situation she has been in. I never want my children to feel terrified of being homeless with no food. My grandparents. They never spoke about money, but I saw that they were able to retire in ...
by Goinganontoday
Fri Jan 05, 2018 12:18 pm
Forum: Personal Investments
Topic: End of December 401K Contribution hitting 2018?
Replies: 12
Views: 891

Re: End of December 401K Contribution hitting 2018?

Plan contributions count as of the payday for taxes & contribution limit, but are not contributed and invested until funds are actually deposited with the plan. The pay-stub is authoritative. In your 401k account, can you run a report of 2017 total contributions, and does that agree with your e...
by Goinganontoday
Thu Jan 04, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm vs Geico
Replies: 68
Views: 10192

Re: State Farm vs Geico

I've had SF for several years for both renter's and multiple autos. I checked out Geico and found that I could save about $350/year on the auto insurance. The savings would actually be even better, but I took the opportunity to increase the insurance. Unfortunately, Geico couldn't get me a better de...
by Goinganontoday
Thu Dec 28, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: Hyundai quality and reliability
Replies: 44
Views: 6815

Re: Hyundai quality and reliability

I've had one Hyundai for nearly 12 years with absolutely no problem. It's still going strong. I've had a second Hyundai for the past year and it's been great.
by Goinganontoday
Thu Dec 28, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Need to shop insurance: curious what you have?
Replies: 22
Views: 2904

Re: Need to shop insurance: curious what you have?

I have Geico for auto and State Farm for renters. Geico was going to charge more than twice what I pay for renters, but was a few hundred dollars less for even better auto insurance. I don't like that I had to split the insurance, but I wasn't willing to pay hundreds of dollars more per year in orde...
by Goinganontoday
Wed Dec 27, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 12 month CD now 2.00%
Replies: 64
Views: 16098

Re: Ally Bank 12 month CD now 2.00%

Just got one! Between this and the sale on H&R Block 2017 tax software, I just saved/earned us a nice little bit of money this morning. Thanks, Bogleheads :sharebeer
by Goinganontoday
Tue Dec 26, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downsize?
Replies: 42
Views: 3875

Re: Should we downsize?

It sounds like you want to stay where you are, but you're not satisfied with your current debt and savings. Before doing anything, I'd go over the past 3-6 months and figure out where all my money was going. I'd then set out a monthly/annual budget based on those priority areas. With an income aroun...
by Goinganontoday
Mon Dec 25, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: FY17 Final, Personal Savings Rate
Replies: 26
Views: 3053

Re: FY17 Final, Personal Savings Rate

I just calculated this and am rather pleased with my family. We've saved over 51% according to the suggested calculation (savings/(gross-taxes X 100). This includes retirement, 529, an E-Fund, and a house downpayment fund. Retirement savings alone was 35%. We're natural savers, but went on a couple ...
by Goinganontoday
Sun Dec 24, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Funded an HSA incorrectly?
Replies: 2
Views: 471

Re: Funded an HSA incorrectly?

mpsz wrote: Sat Dec 23, 2017 11:24 pm You are fine as long as you maintain coverage for all of 2018.

https://apps.irs.gov/app/vita/content/3 ... evel=basic
Yay! Thank you so much! I had read about the test period somewhere and it wasn't written as clearly as it was in your link so I was getting confused.
by Goinganontoday
Sat Dec 23, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Funded an HSA incorrectly?
Replies: 2
Views: 471

Funded an HSA incorrectly?

I have a bad feeling that I did something wrong...I switched to a HDHP with an HSA as of August 1, 2017 and will be on this plan until at least July 31, 2019. Between the employer's contribution and mine, for 2017, I fully funded the HSA ($3400 for an individual). Now I'm second guessing myself and ...
by Goinganontoday
Sun Dec 17, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 190
Views: 17124

Re: How much do you spend on food per month, per person?

Family of four, spent an average of just below $525/month so right around $130/person. It used to be lower, but we haven't had as much time to plan our meals or cook properly, which has made the grocery costs up. We spend less than $15/month on eating out for the entire family. We prefer to eat at h...
by Goinganontoday
Sun Dec 17, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 14409

Re: 2018 financial goals - what are yours?

Max 1 401k Max 1 403b Max 1 Roth IRA Max 1 traditional IRA Max HSA (including employer contribution) Contribute to 529 up to max for state tax benefit Save toward house downpayment (The goal is to save about $60,000, but that would be a big stretch. I'd like to get as close as possible to that numbe...
by Goinganontoday
Sun Nov 26, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Help my kids pick a charitable cause
Replies: 19
Views: 1151

Re: Help my kids pick a charitable cause

At one of the schools where I teach, the school social worker identifies a number of families that are in need. The social worker speaks with the family members to identify specific things that they would like/want. Sometimes this is gifts for the holidays, sometimes it is food items. The social wor...
by Goinganontoday
Sun Nov 26, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Too much house, right?
Replies: 88
Views: 10521

Re: Too much house, right?

I'm a bit surprised by the general response here. We have a similar salary with 3 kids and I can't imagine owning this much house. They have only $50k cash in hand for the house, and $30k for emergency fund (less than 3 month's expenses with high risk with a single earner). They would be 100% relia...
by Goinganontoday
Sat Jul 22, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 16764

Re: What's your personal savings rate?

We're at 39% of gross (401k, 403b, IRAs, HSA, and 529). Next year, we're planning to be over 40%. We're in a M-HCOL area, have a couple young children who still require daycare, and we're not particularly frugal so I'm okay with this savings rate despite the fact that we really got started saving a ...
by Goinganontoday
Mon Jun 19, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Planning Around Partner's Student Loans
Replies: 30
Views: 4252

Re: Planning Around Partner's Student Loans

Is there any chance that your partner could be eligible for the Public Service Loan Forgiveness? With such high student loans and such low income I'm wondering what field she is in. The people I know with high SL and low income tend to be in public interest careers and will be trying to take advanta...
by Goinganontoday
Wed May 31, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 15746

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

I love this idea and I have actually toyed around with a similar idea in the past. As teachers, we do not accept it when students say that they just can't understand something. We keep working with that student until he/she gets it. However, all too often, I hear teachers say that they just don't un...
by Goinganontoday
Mon May 15, 2017 7:00 pm
Forum: Personal Investments
Topic: HDHP with HSA in Teachers' Contract
Replies: 6
Views: 970

Re: HDHP with HSA in Teachers' Contract

Thank you all so much for your help. I appreciate your advice. I am really enjoying learning more about these issues and then trying to help my colleagues understand as well.
by Goinganontoday
Sun May 14, 2017 7:28 am
Forum: Personal Investments
Topic: HDHP with HSA in Teachers' Contract
Replies: 6
Views: 970

HDHP with HSA in Teachers' Contract

I would appreciate help in creating some questions that would assist me and my colleagues in evaluating a potential change to our contract. My teachers' union is seeking to open up the contract in order to change the current PPO insurance to a HDHP with HSA in exchange for a guaranteed 1% increase i...
by Goinganontoday
Tue May 02, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan help- REPAYE
Replies: 6
Views: 1113

Re: Student Loan help- REPAYE

What is the amount of your federal loans? Are any subsidized federal loans? Did you file taxes for 2016? It seems like your best bet with the limited information provided would be to consolidate your loans and apply for REPAYE and begin making payments ASAP if you qualify for an interest subsidy. D...
by Goinganontoday
Fri Apr 14, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 34776

Re: Age when you started to max out your retirement accounts?

We maxed our IRAs starting around when I was about 29 while also making some contributions to our 401ks. We started maxing DH's 401k and our IRAs when I was about 35, at which time I began contributing to my pension as well as my 403b. We started maxing our IRAs, his 401k, and my 403b plus contribut...
by Goinganontoday
Mon Apr 10, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Deferment, and Credit Scores.
Replies: 4
Views: 554

Re: Student Loans, Deferment, and Credit Scores.

Deferments and forbearances usually have limited time periods according to the loan documents. Frequently, loan companies limit the amount of months that they will allow a person to have a deferment or forbearance over the life of the loan. If your wife's loans have been in deferment for two years, ...
by Goinganontoday
Sat Apr 08, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: STEM & "coding" toys for little ones ?
Replies: 41
Views: 4272

Re: STEM & "coding" toys for little ones ?

Building materials. Legos, Duplos, Lincoln Logs, Magnatiles, sticks, rocks, just about anything that can be stacked. If left alone for more than five minutes, kids will find a way to start building things. Old fashion wooden building blocks would be hard to beat. Likewise cardboard boxes are great ...
by Goinganontoday
Sat Apr 08, 2017 7:17 am
Forum: Personal Consumer Issues
Topic: STEM & "coding" toys for little ones ?
Replies: 41
Views: 4272

Re: STEM & "coding" toys for little ones ?

Books. Doesn't matter which books as long as the kids are interested and want to keep reading (although as a librarian, I do have tons of STEAM-related suggestions...Iggy Peck, Architect; Rosie Revere, Engineer; The Most Magnificent Thing; and Ida Twist, Scientist are some recent favorites). Puzzles...
by Goinganontoday
Sat Apr 01, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Massive Student Loan Debt with Mortgage Refi?
Replies: 46
Views: 4106

Re: Pay of Massive Student Loan Debt with Mortgage Refi?

My husband is a Physical Therapist with a lengthy list of graduate loans with very high interest rates. He currently has about $153,000 in federal loans sitting at 8.5% and $100,000 sitting at 6.5%. A total of around $253,000. He has been making payments towards the Income Based Payment plan of $66...
by Goinganontoday
Sun Mar 12, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: Experience selling car to Carmax?
Replies: 110
Views: 242998

Re: Experience selling car to Carmax?

sambb wrote:Have sold to Carmax. Good experience. Saves time. I like the process.
+1

Extremely easy, haggle free process. We had no interest in doing a private party sale.
by Goinganontoday
Sun Mar 12, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Booster seat: Highback or no back for 7.5 year old?
Replies: 8
Views: 1226

Re: Booster seat: Highback or no back for 7.5 year old?

Whether your child needs a highback booster (with a five point harnad) or can use a backless booster really depends on your child and his maturity level. Can he sit upright the entire time? Is he likely to play around? I tend to err on the side of getting a highback booster, but I know that others m...
by Goinganontoday
Sun Feb 26, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why not to do ROTH Conversion
Replies: 29
Views: 4565

Re: Why not to do ROTH Conversion

The Mad Fientist had an interesting blog article on this topic in which he explored various ways to access retirement funds prior to standard retirement age. http://www.madfientist.com/how-to-access-retirement-funds-early/ While his math shows that some options appear better than others, ultimately ...
by Goinganontoday
Sun Feb 26, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: New Member Here, Looking for some suggestions
Replies: 24
Views: 3126

Re: New Member Here, Looking for some suggestions

I second YNAB. We've used it for over four years and really love it.

Since you mentioned getting a refund, you should check that your withholdings are set correctly. Getting the money in your check every month will help to pay off your high interest debts faster than getting a big refund.
by Goinganontoday
Sat Feb 25, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: mom wants smart phone, are there classes on how to use?
Replies: 40
Views: 4593

Re: mom wants smart phone, are there classes on how to use?

A lot of public libraries have started offering free tech support/instruction programs. Even if your public library doesn't offer this, I'm certain that the librarians could provide you with a list of local options.
by Goinganontoday
Tue Feb 21, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changes - What Should My Next Monetary Goals/Objectives Be?
Replies: 17
Views: 2493

Re: Life Changes - What Should My Next Monetary Goals/Objectives Be?

2) Start up a 529 and start contributing (Debating between NV for Vanguard or NY) for when Child #1 arrives ... 4) DW wants a new vehicle for Child In regard to #2, does your state offer any benefits for using your state's 529? Be sure to check that before going with a different state's 529. In reg...
by Goinganontoday
Tue Feb 21, 2017 7:18 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 7792

Re: Does anyone else have (possibly too much) fun dealing with finances?

I love running numbers and planning, too. You're not alone :happy
by Goinganontoday
Mon Feb 20, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mother-in-law Financial Problems
Replies: 20
Views: 3345

Re: Mother-in-law Financial Problems

Is she able to work? If she has no income aside from SS and that's not enough to cover her bills, it seems reasonable that she needs to get a job.