Search found 298 matches

by DarthSage
Tue May 07, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: Ideas for Inexpensive, Easy-to-Prepare Meals for First Time College-Age Student Cook
Replies: 15
Views: 958

Re: Ideas for Inexpensive, Easy-to-Prepare Meals for First Time College-Age Student Cook

There are tons of ideas on Pinterest. Put in "budget dinners" or some such search criteria, you'll find plenty of ideas. Better still, put in your (his) specific needs--"chicken" or "vegetarian" or whatever. I recommend the cookbooks, "Cheap, Fast, Good" (I think there are two of them). Their goal i...
by DarthSage
Tue May 07, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: 529 Question--one per child, or one per family?
Replies: 13
Views: 1023

Re: 529 Question--one per child, or one per family?

I don't know what the parents make, but I'm guessing they would get financial aid--military dad, SAHM. I figure, it's tricky to guess what FAFSA may ask for, 15 or so years out. My personal opinion is that, at some point, the rules will change to look closer at grandparents. I can see the logic in d...
by DarthSage
Tue May 07, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: 529 Question--one per child, or one per family?
Replies: 13
Views: 1023

529 Question--one per child, or one per family?

We were discussing 529's this morning, and my DH mentioned that a friend of his was setting up a 529 for his granddaughter. Wonderful! Here's my question: the proud grandfather is expecting to fund this yearly, and have the extra trickle down to his grandson, as well. The issues I see are: (1) there...
by DarthSage
Sun May 05, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 75
Views: 5571

Re: College/life prep for young kids

<t>Since you edited your post, I want to add a couple things. Most important: enrichment, enrichment, enrichment! Aim for your child's interests, but don't be afraid to stretch them. My parents didn't have very much money, but we always seemed to have museum passes and library cards.<br/> <br/> A li...
by DarthSage
Sun May 05, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: College/life prep for young kids
Replies: 75
Views: 5571

Re: College/life prep for young kids

Trying to think about career decisions for 6 and 9 year-old kids just strikes me as silly. Saying that a kid at that age "has always wanted to be ____" seems even more so. Your 3rd grade son "isn't a huge fan of homework?" I don't even remember being in the 3rd grade. Did we have homework? Like you...
by DarthSage
Fri May 03, 2019 5:26 am
Forum: Personal Finance (Not Investing)
Topic: Family Trust
Replies: 25
Views: 3162

Re: Family Trust

We are in the process of setting up a family trust. Our estate lawyer quoted $3500 or our trust, then we paid $1500 for a separate trust or our (special needs) DS22. You definitely want a lawyer who specializes in estates. Ours asked us many questions we never would have considered. Our particular c...
by DarthSage
Sun Apr 28, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: What are the cons of always being a one parent working household?
Replies: 134
Views: 8265

Re: What are the cons of always being a one parent working household?

I've been home for 23 years now. Every time I glance in the direction of a part-time job, my DH seems to get slammed with some emergency that requires 80-hour work weeks. His industry has shutdowns where he works 12-hour days for weeks (6 on, 1 off). I used to work in the same field, so two parents ...
by DarthSage
Sun Apr 28, 2019 7:04 am
Forum: Personal Consumer Issues
Topic: Why would Ortho push for Invisalign? (non-medical question)
Replies: 41
Views: 3187

Re: Why would Ortho push for Invisalign? (non-medical question)

We are on kid #3 with braces, and our first doing Invisalign, rather than traditional. There was a minimal cost difference when she started--I think $600. We were sold on it, for a few reasons: first off, it was going to work for her. Invisalign isn't for everyone. Secondly, both of my older kids ha...
by DarthSage
Fri Apr 26, 2019 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Advising financially unsavvy family on windfall
Replies: 77
Views: 5662

Re: Advising financially unsavvy family on windfall

My suggestion is that you talk with them about what YOU plan to do with the windfall. "This is a bit of a shock to me, too. First, I'm going to keep quiet and put the money in savings for a few months, while I think about longer-term plans. I hope to put some away for retirement, pay off any debts, ...
by DarthSage
Fri Apr 26, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Do Joint Accounts Matter if Spouse Stays Home with the Kids?
Replies: 31
Views: 2328

Re: Do Joint Accounts Matter if Spouse Stays Home with the Kids?

I know it's been mentioned that, if you die, you want your wife to be able to access funds for the first few weeks/months. She'll need to pay the bills and continue forward. But--what if you're merely incapacitated? Get hit by a car, are in a coma--once again, she'll need to be able to access funds ...
by DarthSage
Wed Apr 10, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Typical financial milestones before purchasing second/vacation home?
Replies: 15
Views: 970

Re: Typical financial milestones before purchasing second/vacation home?

That's another "No" from me. You seem to be working a decent plan. Work it for another 5 years, throwing your bonuses, childcare fees, car payment money in there are those costs go away. I think this could work for you, just not at this point in time. While you're waiting, find other opportunities t...
by DarthSage
Sun Apr 07, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Self-Insurers: How are you planning and investing for old age care?
Replies: 47
Views: 2949

Re: Long Term Care Self-Insurers: How are you planning and investing for old age care?

We plan to self-insure for LTC. At this time (we're 55/56), we don't have separate funds specifically designated. I don't know that we will--we'll just keep our investments as we want them. Our informal agreement is that we have $1M earmarked for LTC--if we don't need it, our kids inherit.
by DarthSage
Sat Apr 06, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Financial Windfall / Caring for Mom
Replies: 15
Views: 1496

Re: Financial Windfall / Caring for Mom

Don’t take this the wrong way....but “protecting her assets” can be interrupted to mean “how can we make Mom look poor so we can inherit more money”. That’s why the 5 year look back is no joke and something you don’t want to play with. I’m positive that isn’t really the intent. As a son who just lo...
by DarthSage
Sat Apr 06, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Financial Windfall / Caring for Mom
Replies: 15
Views: 1496

Re: Financial Windfall / Caring for Mom

I guess I'm not understanding--what are you trying to protect the assets from? Protect them from, say a lawsuit that would leave her destitute? Protect them so her heirs can inherit? I don't understand why you're worried about the 5-year look back. Would you not want to use this money for her long-t...
by DarthSage
Fri Apr 05, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

Oh, for pity's sake! Silly me for thinking you could go on vrbo yourself, find a community you liked, and then find a house that suited your needs! Okay, fine. These houses are in Windsor Palms, a gated community near WDW. The OP said "near Universal"--these would be a ~30 minute drive from there. ...
by DarthSage
Fri Apr 05, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

Oh, for pity's sake! Silly me for thinking you could go on vrbo yourself, find a community you liked, and then find a house that suited your needs! Okay, fine. These houses are in Windsor Palms, a gated community near WDW. The OP said "near Universal"--these would be a ~30 minute drive from there. I...
by DarthSage
Fri Apr 05, 2019 5:51 am
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

Not the OP, but we've rented in Orlando a bunch of times. We went through VRBO, and would pay $1200/week for a 4BR/4BA house with pool and hot tub. We were 5 minutes from WDW (which was where we were aiming). There are literally thousands of rentals. I suggest looking at a map of the area, to get a...
by DarthSage
Thu Apr 04, 2019 8:38 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2337

Re: Additional Costs for 3rd Child?

3) With 2 kids, we have plenty of financial/emotional resources to spread out. We are able to prepaid 4-yr college and fully loaded 529s by the time they are born. With 3 kids, each will get a smaller amount instead of a full bundle. 4) We can take more/nicer vacations with 2 kids. The additional p...
by DarthSage
Thu Apr 04, 2019 8:34 am
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

The new Hagrid roller coaster is opening up in June. No idea if it will have Express Pass from the start--Forbidden Journey didn't, but does now. Royal Pacific is the cheapest way to stay onsite and get the Express Pass feature. We're going next week, and paying more than you, but we have 5 going, ...
by DarthSage
Thu Apr 04, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

I went through HomeAway and am renting a 4 BR 3 Ba house with a private pool and private hot tub for 5 nights and it's just over $750 total including taxes, fees, and insurance. You are renting a single family 4 BR 3 BA house, with a private pool and hot tub, near the Universal theme park, during p...
by DarthSage
Thu Apr 04, 2019 7:15 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2337

Re: Additional Costs for 3rd Child?

Congrats on the impending birth of your second child. I agree with the PPs who said you're worrying about this way too soon. Revisit in a couple years (or not!). Nobody can answer this for you. We had two, suffered through secondary infertility, and 6 years later got #3. With all we went through, my...
by DarthSage
Thu Apr 04, 2019 6:59 am
Forum: Personal Consumer Issues
Topic: Universal Orlando Trip In June 2019
Replies: 34
Views: 1733

Re: Universal Orlando Trip In June 2019

The new Hagrid roller coaster is opening up in June. No idea if it will have Express Pass from the start--Forbidden Journey didn't, but does now. Royal Pacific is the cheapest way to stay onsite and get the Express Pass feature. We're going next week, and paying more than you, but we have 5 going, a...
by DarthSage
Mon Mar 25, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: East coast road trip with young kids, any stops?
Replies: 27
Views: 1387

Re: East coast road trip with young kids, any stops?

Depending on where in NH you're starting, Boston can be out of the way--but, it could make a fun day-trip or three. Plenty to do there. Mystic, CT is also generally out of the way, unless you're coming down I-95. I used to live in western NH, we would come down I-91 through MA. Sesame Place is a gre...
by DarthSage
Fri Mar 22, 2019 5:58 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6926

Re: When your responsibility to your children ends?

I will never have a worry-free retirement, because I will never stop worrying about my children. My oldest is 23. She has a college degree, a stable job, lives 800 miles away, and is financially independent. We pay for some travel (with the family--she travels on her own dime, on trips she picks). W...
by DarthSage
Fri Mar 22, 2019 5:50 am
Forum: Personal Consumer Issues
Topic: Your favorite slow cooker cooking book?
Replies: 6
Views: 754

Re: Your favorite slow cooker cooking book?

This woman has a blog with her recipes, and you can buy her actual books, if you prefer: /www.ayearofslowcooking.com/2007/12/alphabetical-listing-of-recipes.html I like the books as I find them easier to page through and see what recipes for the ingredients I have available. What I like about her st...
by DarthSage
Wed Mar 20, 2019 5:57 am
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4137

Re: Slow cooker vs Instant pot........

I have both. I don't use my (giant) slow cooker a lot. I use my instant pot even less - nearly never! My issue with the instant pot is that it doesn't save me any time at all. It claims very often to have recipes with '5 minutes of cooking time!" but that totally misrepresents the reality that for ...
by DarthSage
Mon Mar 18, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Age for starting kindergarten
Replies: 61
Views: 3697

Re: Age for starting kindergarten

I don't know that I'd read a whole lot into his social interactions. Some kids are very social, some are loners. My older son had social issues since preschool. He was finally diagnosed at age 19 with Asperger's, anxiety, depression, 2 learning disabilities, and in a room full of introverts, he'd be...
by DarthSage
Sun Mar 17, 2019 4:51 am
Forum: Personal Consumer Issues
Topic: Age for starting kindergarten
Replies: 61
Views: 3697

Re: Age for starting kindergarten

My vote would be to send him to K. If there are struggles, after a regular adjustment period, he could always return to preschool, or do 2 years of K. In our former school district, they had a whole class of kids who did "pre-first", as they called it. I think it has less to do with physical size an...
by DarthSage
Sat Mar 16, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Financial disparity among siblings: Your experiences
Replies: 25
Views: 3739

Re: Financial disparity among siblings: Your experiences

I only discuss my finances with one sibling--my sister. Of course, my brothers make this easy by (a) living in another country, and (b) being a homeless drug addict who we haven't seen in years. My sister joined the 2-comma club through a medical settlement. She's very thrifty, was never much into f...
by DarthSage
Thu Feb 28, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: Activities for a 3 year old that inspire creativity
Replies: 19
Views: 1012

Re: Activities for a 3 year old that inspire creativity

Oh, so many options! Some of it depends on the child--some kids are more active, some more artistic, etc. But generally, the more enthusiastic you are, and the messier the activity, the better! Cooking involves math and science--have them help count three scoops of flour, and help stir. Cookies are ...
by DarthSage
Mon Feb 25, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Gift Card, Credit Card, or Debit Card for Teen?
Replies: 12
Views: 512

Re: Gift Card, Credit Card, or Debit Card for Teen?

I vote for their own checking account with a debit card--it limits your losses if the card is lost or stolen. It also allows parents to add to the account while they're traveling, if that might be helpful. We did a reloadable AAA debit card when my oldest went to Spain a few years back--that's anoth...
by DarthSage
Mon Feb 25, 2019 7:08 am
Forum: Personal Consumer Issues
Topic: Switching schools for part of the year - bad idea?
Replies: 22
Views: 1278

Re: Switching schools for part of the year - bad idea?

Really, really bad idea. Unless your goal is to send the message that the children and their education are not important to you. The one scenario that I see this working in is military families, who often have to relocate with short notice. My mom used to teach at a school near military housing. She...
by DarthSage
Sun Feb 24, 2019 8:01 am
Forum: Personal Consumer Issues
Topic: Relocate to Carolinas
Replies: 80
Views: 6865

Re: Relocate to Carolinas

We moved from NH to NC in 2015. It was a big change for us--we'd lived in the Northeast all our lives. Summer can get hot and humid down here. OTOH, we joke about having one week of winter. That would be the week where, if I'm going out early, I have to scrape off my car. I haven't worn a winter coa...
by DarthSage
Fri Feb 22, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning Feedback
Replies: 11
Views: 1042

Re: Estate Planning Feedback

We had to deal with your (5) recently. DH and I have 4 kids, his brother has 3. My MIL died in 2017, and she left a life insurance trust to all 7 grandchildren--BIL's kids split half, and our kids split half. Now, MIL COULD have chosen to do this differently--each grandchild gets 1/7th, but this was...
by DarthSage
Mon Feb 04, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: What would your housing preference be with 4 kids?
Replies: 32
Views: 2242

Re: What would your housing preference be with 4 kids?

At your kids' ages, I would want to be closer to them during the night. That changes as they get older, but we still get "night visitors", and our youngest will be 13 this month. While we all freak out and think about a house fire, the fact is, you're much more likely to encounter a midnight barfer-...
by DarthSage
Sat Jan 26, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Appropriate age to communicate your will/wishes to your kids
Replies: 57
Views: 4179

Re: Appropriate age to communicate your will/wishes to your kids

We've been having general discussions for a long time. Currently, our oldest is 23, youngest is 12. The one thing that was a big incentive for us to talk to the kids was their grandmother's passing in 2017. She left a good sum of money to her grandkids--each was to get 25% of their portion upon coll...
by DarthSage
Mon Jan 21, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 6758

Re: Paying thousands per ticket to attend the NFL Super Bowl?

I have no interest in watching any football game, so "no" from me. I stay home where I can pig out and watch the commercials. However, I did send my better half up to Boston this past October, to watch Game 2 of the World Series with his brother (who had Red Sox season tickets, and thus, access to W...
by DarthSage
Mon Jan 21, 2019 8:08 am
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 146
Views: 9340

Re: Grocery shopping strategy

Like most here, I go to several different places. I'm at Walmart, 3-4 times a week (family of 6). Sometimes it's grocery pick-up, sometimes I shop, mostly for non-food stuff. I'm not a fan of their produce or meats--the meats, especially, are NOT the best deal in town, and they have a smaller variet...
by DarthSage
Sat Jan 19, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: Myrtle Beach Restaurants
Replies: 15
Views: 1119

Re: Myrtle Beach Restaurants

You can't throw a ball and not hit a seafood buffet in Myrtle Beach--way too many to list. Most offer stuff for the landlubber. One issue is, Myrtle Beach is fairly spread out, and traffic in summer can be a bear. You might be better off looking in the area where you're staying, see what's close to ...
by DarthSage
Sat Jan 19, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 153
Views: 8328

Re: What is a Boglehead funeral/burial?

When my MIL was alive, I offered to wrap her in black plastic trash bags and leave her on the curb with the trash. She was a Boglehead in spirit (never joined the forum, but would have fit right in here). She just laughed and said, "I wish you could!" She had wanted to donate herself to a medical sc...
by DarthSage
Wed Jan 16, 2019 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Best way to use inheretence to fund GC education
Replies: 12
Views: 772

Re: Best way to use inheretence to fund GC education

My grandson is 18 months old It's possible that there may be more grandchildren down the road. You may want to hold some funds in reserve for that contingency (as opposed to investing it all in a UTMA account for first grandson). Some people end up with 6 ro 12 grandchildren or more. Something to t...
by DarthSage
Tue Jan 08, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 23612

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

OP--you have an overspending problem that goes back, way before the house purchase. Quite probably, it goes back before the birth of the children. I realize you can't "un-ring" those bells, but you need a serious, come to Jesus moment on your debts. The $40k in debt is a big one right now, but you h...
by DarthSage
Mon Jan 07, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Child # 3 - seeking advice from older members
Replies: 89
Views: 7463

Re: Child # 3 - seeking advice from older members

Having children was more of a challenge than we thought. We had our first, then our second soon after (they're 21 months apart). Then we had secondary infertility, coupled with a...challenging...child. I say "all my gray hairs are named after him". He had multiple medical and developmental issues. W...
by DarthSage
Sun Dec 30, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Last Minute Inherited IRA RMD
Replies: 24
Views: 1604

Re: Last Minute Inherited IRA RMD

I understand that the amount needing to be withdrawn will go up faster (as a percentage), but the value of the IRA also has a chance to grow. The graphs we looked at showed the IRA increasing in value for a period of time (maybe 15 years?) before the increase in the withdrawal rate caused it to sta...
by DarthSage
Sun Dec 30, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Last Minute Inherited IRA RMD
Replies: 24
Views: 1604

Re: Last Minute Inherited IRA RMD

Don't forget that the calculation of the RMD for you next year is a different calculation than for your uncle. Your RMDs will have a quicker draw-down than your uncle would have had, since your uncle no longer needs the money for his retirement. The first sentence is true: next year's RMD will be d...
by DarthSage
Sun Dec 30, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Last Minute Inherited IRA RMD
Replies: 24
Views: 1604

Re: Last Minute Inherited IRA RMD

We've been going through this. MIL died in July 2017. She didn't take the 2017 RMD, so it was taken by DH/BIL. The 2018 RMDs were all taken by DH from the 7 (!!) IRAs that had been split, at that time. The 2018 amounts were much lower. In case you haven't done this or were aware it could be done. Y...
by DarthSage
Sun Dec 30, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Last Minute Inherited IRA RMD
Replies: 24
Views: 1604

Re: Last Minute Inherited IRA RMD

If your uncle was not yet 70.5 by the end of 2018, he wasn't subject to an RMD. In that case, you and your cousin are off the hook for not withdrawing anything in 2018 (if that is the case). If he WAS over 70.5, your uncle's custodian should have removed the RMD before splitting the IRA for you and...
by DarthSage
Sat Dec 29, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: How much house can my daughter afford
Replies: 52
Views: 3829

Re: How much house can my daughter afford

My rule of thumb is, find out how much the bank will lend you. Cut that number in half--that's the mortgage you can afford. On your first house, especially, there are so many added expenses--stuff like yard tools and furnishings and drapes and a hundred things you never considered. Obviously, she wo...
by DarthSage
Sat Dec 29, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Implications of parents paying off child's mortgage
Replies: 22
Views: 2112

Re: Implications of parents paying off child's mortgage

Consider writing up a loan agreement, with a stated interest rate paid annually. Let's say $100,000 to pay off the house and a 4% interest rate. On the date the interest is due, you can gift them the interest payment (if under $15k, or file the lifetime exemption form). This way, it's all on paper i...
by DarthSage
Thu Dec 20, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Estate Settlement issues and inherited IRAs
Replies: 37
Views: 1808

Re: Estate Settlement issues and inherited IRAs

Make sure that last RMD gets taken this month. It's easy to have it get lost in the confusion of the whole estate situation, and then the added stress of the holidays (offices being closed, people being on vacation, etc.). So, make sure that gets done, ASAP. When my MIL died, we used both an estate ...