Search found 39 matches

by jackb1117
Mon Sep 21, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10746

Re: what is your side job and income?

It appears my articulation was poor. I make $25k <i> annually </i> teaching this course. I was attempting to say I make $25k teaching this course year-round ($8k and change / semester * 3 semesters [spring, summer, fall]). Apologies for sending the thread down the search for $25k per class adjunct r...
by jackb1117
Mon Sep 14, 2020 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10746

Re: what is your side job and income?

I will caveat this by saying that I have only been doing this for 2.5 years, but I show up & do a good job teaching but ignore everything else which makes it a really great side gig. Emails from administration about whatever? Unread. 'Town hall meetings about such and such'? Sorry, day job has me bu...
by jackb1117
Mon Sep 14, 2020 10:24 am
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10746

Re: what is your side job and income?

Analytics is the field. HCOL area, large private university, part of union probably all contribute to elevated wages. University adjunct. ~$25k/yr teaching 1 course per semester year round. Not gonna make me rich but I enjoy it. Wow, what field? In mine the norm for adjuncting is more like $3k.
by jackb1117
Sun Sep 13, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10746

Re: what is your side job and income?

And bank / credit card bonuses & churning. ~$5k/yr. Also not going to make me rich, but I enjoy clawing back more from them than they did from me while I was financially illiterate.
by jackb1117
Sun Sep 13, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10746

Re: what is your side job and income?

University adjunct. ~$25k/yr teaching 1 course per semester year round. Not gonna make me rich but I enjoy it.
by jackb1117
Sun Sep 06, 2020 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Rice & Beans [limiting food expenses]
Replies: 96
Views: 14114

Re: Rice & Beans [limiting food expenses]

+1 to whomever recommended budgetbytes, great site. +1 to those who recommended getting used to leftovers (in their original form or to repurpose. +1 on using freezer space to stock up when things are on sale. +1 on a simple bowl of rice with some veggie or meat scraps (and some birds eye chilis or ...
by jackb1117
Wed Sep 02, 2020 9:19 pm
Forum: Personal Investments
Topic: Mutual Bank Conversion IPO
Replies: 42
Views: 2602

Re: Mutual Bank Conversion IPO

So they filed a 13F that was off by 3 digits as part of their SEC filing. That is confidence inspiring... Nice people there but I don't feel inspired yet to buy a 1000 shares for the long term. I mentioned earlier that I don't think I am sophisticated enough to perform any sort of technical analysi...
by jackb1117
Wed Sep 02, 2020 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Re: Can I afford to intentionally go backward in compensation?

I don't think anyone has mentioned Time. Will working for the non-profit give you more time to spend with your family? How long will your work day be with a "longer commute"? Also, is the 100K cut in pay - really 100K? When you compare the total cost of your compensation between employers will it m...
by jackb1117
Wed Sep 02, 2020 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Re: Can I afford to intentionally go backward in compensation?

Great point, we've talked about this. My wife works in silicon valley tech, which comes with many challenges as a woman. Don't want to go too far down this path, but her experience has been (coupled with not working in the 'home office') that she has to work much harder than male peers to keep up. W...
by jackb1117
Wed Sep 02, 2020 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Re: Can I afford to intentionally go backward in compensation?

I just wanted to quickly say 'thank you' to everyone for their responses; no clear consensus but feels like slightly leaning towards 'yes, take it'. I am hoping to reply to comments with additional context as I have time. Thanks again- so lucky to have found this community!
by jackb1117
Wed Sep 02, 2020 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Re: Can I afford to intentionally go backward in compensation?

Not intended to be a humblebrag (ok, maybe a tiny bit- but that is why we are all on this forum- we like talking about this stuff!), but rather its just such an odd paradigm shift to have been relentlessly moving in one direction (increase income, reduce costs) for such a long time to then upend it ...
by jackb1117
Tue Sep 01, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Re: Can I afford to intentionally go backward in compensation?

Correct, no mortgage. Effectively we have 0 debt. I am reading correctly that you have no mortgage on you $878k house? Finanaclly you will be fine whatever you do as long as your wife keeps working. I will second the notion that mon-profit doesnt mean lower stress. However i would priortize family a...
by jackb1117
Tue Sep 01, 2020 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to intentionally go backward in compensation?
Replies: 67
Views: 5063

Can I afford to intentionally go backward in compensation?

Cliff Notes: Considering taking a large (~30%) cut in compensation to leave a high-stress / burnout employment situation to go to a non-profit for a couple of years. My gut says ‘yes’, but looking for impartial feedback. Current Situation: Working for the last several years at a company that is not...
by jackb1117
Mon Aug 31, 2020 9:49 am
Forum: Personal Investments
Topic: Mutual Bank Conversion IPO
Replies: 42
Views: 2602

Re: Mutual Bank Conversion IPO

??

David Jay wrote: Mon Aug 31, 2020 9:17 am
jackb1117 wrote: Sun Aug 30, 2020 2:48 pm Looks like we have found the New England bogleheads :-)
Boy, I hope not.
by jackb1117
Sun Aug 30, 2020 8:16 pm
Forum: Personal Investments
Topic: Mutual Bank Conversion IPO
Replies: 42
Views: 2602

Re: Mutual Bank Conversion IPO

Which branch? I have decent exposure to a wide variety of banks (worked in the industry for a bit right out of school and have been 'side hustling' bank sign up / direct deposit bonuses for 10 or 15 years), and find Eastern to be solidly 'very good'. Better banks out there depending on your needs, b...
by jackb1117
Sun Aug 30, 2020 2:48 pm
Forum: Personal Investments
Topic: Mutual Bank Conversion IPO
Replies: 42
Views: 2602

Re: Mutual Bank Conversion IPO

Following as well. Looks like we have found the New England bogleheads :-)
BostonBuffettFan wrote: Fri Aug 28, 2020 10:33 am I am interested in the answer to this question as well.
by jackb1117
Mon Aug 24, 2020 4:54 pm
Forum: Personal Investments
Topic: Which sites to use for financial news and watchlist tracking
Replies: 28
Views: 1862

Re: Which sites to use for financial news and watchlist tracking

I use yahoo finance, but I don't spend a lot of time looking or to tinkering (more of the set it and forget it type) so no idea if there are better tools.
by jackb1117
Fri Aug 21, 2020 8:27 pm
Forum: Personal Investments
Topic: CDs coming due. Where to reinvest proceeds?
Replies: 62
Views: 6168

Re: CDs coming due. Where to reinvest proceeds?

I'm curious if age plays a factor here (and apologies if OP mentioned age or situation and I missed it). I had not previously heard of MYGA's, and after some cursory research it sounds like they may be more appropriate for those closer to retirement. In boglehead fashion, I have everything automated...
by jackb1117
Thu Aug 20, 2020 6:47 pm
Forum: Personal Investments
Topic: Individual stocks for fun
Replies: 37
Views: 3804

Re: Individual stocks for fun

These days, minimum of $5k. Bought tesla a while back and sold half yesterday for quite a tidy 'fun money' profit. Question for the group: How much fun money do you shore up before buying an individual stock? A few hundred dollars and it seems like fees and transaction costs would be a drag…  For me...
by jackb1117
Thu Apr 30, 2020 1:51 pm
Forum: Personal Investments
Topic: pay off mortgage vs. invest in the time of covid
Replies: 19
Views: 2766

Re: pay off mortgage vs. invest in the time of covid

I'll add some anecdotal experiences into the mix, given that our situation is nearly identical to yours (in terms of assets / family situation / HCOL). We paid off mortgage on a ~800k house in a HCOL in December and haven't regretted the decision at all. In times of uncertainty such as these, feels ...
by jackb1117
Thu Feb 06, 2020 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Insurance
Replies: 60
Views: 3238

Re: Engagement Ring Insurance

Congrats! We simply got a rider on our homeowner's. After 5 years, I looked at what we were paying, and cancelled the rider. Figured we would take our chances, if she lost it, so be it. So far, so good. Fact is, if either of us lost our rings, we would not pay big $$ to replace. We did the exact sa...
by jackb1117
Tue Jan 21, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 116
Views: 11524

Re: Career change at 47

Have you considered intentionally adding in overhead to your business to extract yourself from the aspects that you don't enjoy to focus on the aspects you do enjoy? Obviously that additional overhead eats up your bottom line, but it sounds like that is the trade off you are looking to make anyways ...
by jackb1117
Fri Jan 10, 2020 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: When a bargain car loan is no "bargain"
Replies: 49
Views: 3611

Re: When a bargain car loan is no "bargain"

I would consider myself both relatively smart & still working for a living (although technically I guess I could stop doing that and be fine until they put me into the ground), and I don't know that I would subscribe to your advice here. With the size & weight of vehicles on the road these days, if ...
by jackb1117
Fri Jan 03, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Net Worth Over $1.5M Under Age 45, Have You Paid Off Your Home?
Replies: 19
Views: 2339

Re: Net Worth Over $1.5M Under Age 45, Have You Paid Off Your Home?

Just paid it off this week. Both 35yo in suburb of HCOLA. [Numbers below are ballparked, as newborn has left our tracking spreadsheet without updates for a few months] Total Net Worth: 1.75m Retirement Accounts: 325k Taxable Accounts: 350k Home Equity: 920k Other Net Worth: 155k [value of unexercise...
by jackb1117
Thu Jan 02, 2020 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 accomplishments
Replies: 56
Views: 3558

Re: 2019 accomplishments

Paid off primary residence 4 years into our 30yr mortgage. From an allocation perspective this probably puts us too heavily weighted in real estate, but now have ~5k/mo extra with which to pour into the brokerage account to start compensating.
by jackb1117
Sun Dec 29, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Yes a periodic bill in the mail would be a good way to jog the memory- I am planning on going down to speak to them sometime this week. 2. Figure out how to pay my local property taxes since my mortgage servicer has been handling that for me. Also figure out if there is any discount / incentive to p...
by jackb1117
Sun Dec 29, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Feels pretty good! I was talking to one of my buddies that I can talk to about stuff like this last night, and I think one or two more big milestones like this and I will feel empowered to live my life more on my own terms (make life & different employment choices that more closely align with my int...
by jackb1117
Sun Dec 29, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

My feelings as well. We keep about a year of living expenses in a liquid account, so not sure why a HELOC would be needed, although certainly open to the idea if the minds here think it adds value. I haven't looked into them ever; I assume there is some cost to opening / having access to that cash? ...
by jackb1117
Sun Dec 29, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Thanks for the advice! Anything I'm missing? A couple of things to do; 1) Have your home insurance company take the lender off the home insurance policy. 2) In a few months check with your county, or whoever records mortgage liens, to make sure that the lenders lien was actually taken off the proper...
by jackb1117
Sun Dec 29, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Both my mortgage & insurance are through USAA, so hopefully the left hand knows what the right is doing and removes itself. But having worked for a large company like USAA before, I better give them a call next week to confirm 😄 Congrats! In my opinion nothing is better than being debt free and not ...
by jackb1117
Sun Dec 29, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

Re: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Yup, this is my big concern. Will probably do the same in my Google calendar.
montanagirl wrote: Sat Dec 28, 2019 1:58 pm I have to put reminders in Outlook for the property tax payments. Easy thing to forget!
by jackb1117
Sat Dec 28, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?
Replies: 32
Views: 4105

House Payoff: Not 'Should I?', but 'Did.' Anything I'm missing?

Not interested in debating the merits of it, as that has already been done ad nauseam on these boards, but I just dropped a cashiers check in the mail (well, my bank did) to payoff the house. (!). I had a goal to get it done before my 35th birthday, which I have now met with a few days to spare. Now...
by jackb1117
Tue Dec 17, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7495

Re: Gifts to your employees- how much?

Professionals can't receive gifts? I must have missed that class in grad school. Cheeky response aside, this thread has made me seriously second guess something I have been doing for years and through was a simple & kind gesture. I wonder if there is any correlation between age / industry / etc. Res...
by jackb1117
Tue Dec 17, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7495

Re: Gifts to your employees- how much?

Respectfully disagree "...that is the way it should be.". I always get my staff a holiday gift as a token of my appreciation and I think it contributes to overall team happiness and effectiveness, which I both genuinely want to foster as well as realize that are benefits it provides to me as a manag...
by jackb1117
Sat Dec 14, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7495

Re: Gifts to your employees- how much?

~$30 - $35 per person. For context, manage a team of 9 in a technical function for mid-sized (~900 employees) company.
by jackb1117
Wed Oct 30, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: $500 KeyBank bonus worth it?
Replies: 36
Views: 5345

Re: $500 KeyBank bonus worth it?

18/mo maintenance fee as well (for the most entry level account that qualifies for that bonus), only waived if: "Ways to waive the monthly fee include, having at least $10,000 in combined Key account balances or auto deducting at least $500 for a KeyBank mortgage payment.1" https://www.key.com/perso...
by jackb1117
Mon Aug 12, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Education Assistance Payback
Replies: 3
Views: 297

Re: Education Assistance Payback

Updated original post: I would be required to reimburse if I separate w/i 12mo's after having completed the program. Does the required reimbursement period for certification/training expenses have an expiration date? If you quit 5 years after the training are you still required to pay it back? If yo...
by jackb1117
Mon Aug 12, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Education Assistance Payback
Replies: 3
Views: 297

Education Assistance Payback

I searched the forum but didn't see anything related on the first few pages, but curious to know if anyone has any experience signing a contract with their employer to pay back education expenses if you leave the company. I have taken advantage of employer tuition reimbursement programs at several d...