Search found 140 matches

by Greentree
Mon Sep 30, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 12871

Re: Half of Retirees Afraid to Use Savings

I agree with you willthrill81, that was the case.
by Greentree
Mon Sep 30, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 12871

Re: Half of Retirees Afraid to Use Savings

I had an aunt that was very frugal. She drove a cheap car, lived with relatives and didn't spend money. She was generally a fearful person. When she passed away, it turned out she had saved almost $1 million. My uncle on the other hand had a very low paying job, was frugal as well, but was easy to t...
by Greentree
Wed Sep 18, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Major home renovations and Recessions... Good or bad?
Replies: 11
Views: 1233

Re: Major home renovations and Recessions... Good or bad?

We had a home project quoted in 2006 at $10k. It was maintenance work and the contractor told me we could probably wait a few years to do it. I called him in 2009 to go ahead with the project and the new quote came back at $5.5k. I don't think this will happen everytime, but I think contractors were...
by Greentree
Thu Aug 29, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Your best deal from Craigslist
Replies: 34
Views: 2497

Re: Your best deal from Craigslist

I like to use craigslist for selling local stuff. I've never had an issue with scammers personally. I had to remove a big iron gate for our cars but didn't want to pay someone so I was planning on doing it myself. I posted it for free for anyone who remove it. A man and his wife came with all their ...
by Greentree
Wed Aug 21, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Chicago - What to see, do & eat in two days
Replies: 71
Views: 4085

Re: Chicago - What to see, do & eat in two days

I live in Chicago and have kids so this is what I'd do to enjoy myself and the kids: Millenium park: stop at the bean then walk east and a little south (in Chicago, all directions are given in north, south, east, west, there is no such thing as left and right) until you get to Maggie Daley Park. You...
by Greentree
Mon Jul 08, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1809

Re: Customer negotiating invoice payment

Contract or not, I think my first response would be "we agreed on 12K, is there a problem with my work"? Start simple. I’d go here. And I would document via email. It turns out that Joe really did not realize we were time and materials. Once he saw the first emails that laid out our terms, there wa...
by Greentree
Sat Jul 06, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1809

Re: Customer negotiating invoice payment

Thanks for all of the replies, it is really helpful. While I was hoping everyone would say hold out for the full payment, it looks like most say take the $10k and make it up later, so that's the way I'll go. I will get a contract in place and get a system in place for anytime hours exceed the estima...
by Greentree
Sat Jul 06, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1809

Customer negotiating invoice payment

My work is independent contract hourly service work and have been in business for 5+ years. I did a small project for someone who used to be the president at my former employer, let's call him Joe. We outlined our terms when the project started in an email: we are time and materials and we bill at t...
by Greentree
Wed Apr 24, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Car/Truck/SUV??
Replies: 25
Views: 2023

Re: Car/Truck/SUV??

Renting a truck at Home Depot is a pain compared to having your own means if you are doing a decent amount of work. I have a wagon with a roof rack as own main car and I can fit everything on top of it. When I've rented from our local Home Depot, it takes me ~30 minutes to wait in line and sign the ...
by Greentree
Fri Apr 12, 2019 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 8816

Re: 4% SWR - how confident are you?

For people who say 3% is the new 4%... 1/30 = .033, or 3.3%. Meaning that if you stuck your money under the bed and pulled out 3.3% a year, it would make it 30 years exactly. So using 3%, you are figuring on the stock market or bonds decreasing over the 30 years (in which case you should just stick...
by Greentree
Fri Apr 12, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 8816

Re: 4% SWR - how confident are you?

For people who say 3% is the new 4%... 1/30 = .033, or 3.3%. Meaning that if you stuck your money under the bed and pulled out 3.3% a year, it would make it 30 years exactly. So using 3%, you are figuring on the stock market or bonds decreasing over the 30 years (in which case you should just stick ...
by Greentree
Mon Apr 08, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: New homeowner wants to DIY, but disappointed today
Replies: 50
Views: 5456

Re: New homeowner wants to DIY, but disappointed today

I enjoy the DIY projects because I like learning and I like saving money. If you do too, then just keep at it and you'll look back and be amazed at how much better you've gotten. My first projects were total disasters. I tried to make a basic cabinet and it fell apart. That was 10 years ago. Last ye...
by Greentree
Wed Mar 27, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Are 2004 Ford Rangers Reliable?
Replies: 20
Views: 1506

Re: Are 2004 Ford Rangers Reliable?

I had a Ranger for a while, I think it was a 96. It never gave me any trouble. Ford makes some reliable cars and some not so much. The Ranger falls into the reliable side, mostly because they are basic and they never really change anything on it. Compared to a Toyota, it was not as refined but I thi...
by Greentree
Tue Mar 19, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: The lawyers who took on Big Tobacco are aiming at Realtors and their 6% fee
Replies: 34
Views: 3731

Re: The lawyers who took on Big Tobacco are aiming at Realtors and their 6% fee

Redfin charges 1-1.5%, instead of the typical 2.5-3% seller agent's fee. It seems like technology will eventually push it's way in. I think it would change more quickly if the buyer directly paid the 3% themselves. It just seems easy to have an agent do a little work for you when you don't feel like...
by Greentree
Mon Feb 12, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 22412

Re: Number at which to stop worrying

I guess I view this differently than other responders. 50x is the amount to relax and not worry about working at all. But if you are planning on continuing to work and save, I think you can definitely mentally relax at 2mm. Probably can relax at 1.5mm. That doesn't mean you can hang it up, but you c...
by Greentree
Mon Feb 12, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 22412

Re: Number at which to stop worrying

I guess I view this differently than other responders. 50x is the amount to relax and not worry about working at all. But if you are planning on continuing to work and save, I think you can definitely mentally relax at 2mm. Probably can relax at 1.5mm. That doesn't mean you can hang it up, but you c...
by Greentree
Sun Feb 11, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 6559

Re: Can I afford to move to a lower paying career?

There is a good chance that teaching will financially be a better move if you can last longer even at a lower salary. It will also keep your brain engaged longer and give you more enjoyement. I vote for option 2.
by Greentree
Fri Feb 09, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Nanny tax for multiple part-time nannies / babysitters
Replies: 8
Views: 958

Re: Nanny tax for multiple part-time nannies / babysitters

We used www.simplenannypayroll.com. I don't think it has as many features as the others but you enter in the payroll amount and it tells you what you owe where. I think it's a glorified excel spreadsheet but at least it helps navigate. At the end of the year, it gives you a summary of each employee ...
by Greentree
Fri Feb 02, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 5742

Re: Multiple bank accounts - am I crazy?

I just went through a process to simplify my accounts. I also had capitalone, as well as vanguard and chase. I moved everything (except a little bit that stays at chase) to fidelity, since that is where my 401k is. I just like knowing that if I get hit by that bus there is one place for my wife to l...
by Greentree
Fri Jan 05, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 5823

Re: Downsizing to one car in retirement...

By the time you retire in 20 years, there is a good chance there will be an uber type autonomous driver service. A prediction is that something without a driver would be less expensive per mile than owning your own car. I could imagine very few people in the bigger cities would own a car at all.
by Greentree
Mon Dec 04, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 6009

Re: selling an older car on eBay-no bites!

If it really is unusual, take a look at bringatrailer.com. They auction really nice cars as well as just weird stuff you don't see around.
by Greentree
Tue Nov 21, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 8253

Re: Uber for someone who knows only taxis

If you think taxis are courteous, you'll love Uber:). I always hated taking taxis because they generally drove like nuts in our bigger city. Uber drivers drive like normal people. My only bad experience over many trips is a suburban driver who didn't know how to drive in the city. It took us forever...
by Greentree
Wed Sep 06, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1672

Re: Need Advise On Getting to Patriots Game, Foxborough

I actually took that train once. It worked out well getting there. On the way back, we had to wait a while for a few freight trains. As long as you're not in a rush, it should be good.
by Greentree
Fri Jun 16, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: Happy Fathers Day - got me a used Weber grill!
Replies: 26
Views: 4656

Re: Happy Fathers Day - got me a used Weber grill!

Not crazy at all. I don't know why gifts have to be new. I asked for a backpack from Craigslist last year because new they were $250, and Craigslist they were $50. I felt bad having my wife waste the money.
by Greentree
Sun Mar 12, 2017 7:14 pm
Forum: Personal Consumer Issues
Topic: Flooring for Basement
Replies: 36
Views: 5220

Re: Flooring for Basement

We went with metallic epoxy coating and area rugs. The metallic epoxy is applied to the bare concrete floor. It looks sort of like stained concrete. Not as cold as tile but not as insulating as vinyl. The kids play on the area rugs. It was 4.75 / sq ft installed. We are happy with the look and we do...
by Greentree
Sat Feb 18, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 5695

Re: Anxiety about buying used car

I would never buy a used car off any dealer. Except carmax. If you want to save money, but take more risk over carmax, you can buy used on Craigslist. 1. Determine make and model of car you want. The nice thing about used cars is you can find out if they have any issues with the model. For instance,...
by Greentree
Fri Dec 30, 2016 5:00 pm
Forum: Personal Consumer Issues
Topic: Zipcar?
Replies: 9
Views: 1871

Re: Zipcar?

I used ZipCar and some other car shares. It is a bit of a hassle but I would pull out my phone and take a quick video walking around the car before and after the rental. Nothing too detailed because I figured I could take screen shots if an issue ever occurred that I needed to argue.
by Greentree
Thu Nov 03, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 9049

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

I remember these days:). It took a while before I actually enjoyed going to work. Most of it is exactly what you said, bosses and politics. I remember one day seeing a garbage man and thinking, hmmm, that might not be so bad, I think they make pretty good money. That is a true story. Changing jobs a...
by Greentree
Tue Oct 25, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: Anyone choose a nanny over daycare?
Replies: 34
Views: 4402

Re: Anyone choose a nanny over daycare?

We did a nanny share with a nearby family. We rotate houses, our house one week, their house the next week. With two children, it is a bit more social and it is less expensive than a daycare. We tried daycare, but none were taking new children or gave us any kind of idea of whether we would be able ...
by Greentree
Mon Oct 03, 2016 8:08 pm
Forum: Personal Consumer Issues
Topic: Anyone try YourMechanic ?
Replies: 38
Views: 7058

Re: Anyone try YourMechanic ?

I used this for a brake job. I can't remember the price but it was very competitive. I think the key, like you'd expect, is who do they give you. I saw the reviews for the mechanic beforehand and they were very good. It saved me a trip to a shop, the work was good and it was inexpensive. I was happy...
by Greentree
Wed Aug 31, 2016 9:59 pm
Forum: Personal Consumer Issues
Topic: Car Shopping - Early 2000s Mid-Sized Car Reliability under $5k?
Replies: 37
Views: 6049

Re: Car Shopping - Early 2000s Mid-Sized Car Reliability under $5k?

We got a 2005 Matrix with 112k miles for $5300. It is in nice shape and is practical.

You can find the 2003 and 2004 for less, in the $3500 - $5000 range.

The Pontiac vibes are the same car, just couldn't get myself to drive a Pontiac.
by Greentree
Fri Aug 12, 2016 8:51 pm
Forum: Personal Investments
Topic: I am tempted to time the market
Replies: 36
Views: 3853

Re: I am tempted to time the market

I remember reading something Warren Buffet said, I think it was in the updated Intelligent Investor. He was talking about how hard it is to figure out the top and bottom, and an example was some period of time I believe in 70s. At the time, He said the market was too high, and it went up a lot from ...
by Greentree
Sun Jul 17, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 9990

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

I'd personally rather work 20 - 30 hours per week all year than 4 months on / 8 months off. I agree with the others that you should try to figure out a way to do that on your own.
by Greentree
Mon Jun 06, 2016 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: After 30 yrs at Megacorp my IT job was surplussed...
Replies: 52
Views: 9307

Re: After 30 yrs at Megacorp my IT job was surplussed...

Consulting when you don't absolutely need the money is great (from what I've observed, not me yet). You take the jobs you want, tell the ones you don't want that you are too busy and it is a world of difference from working in megacorp. It might take a year or two to build up but then you'd have inc...
by Greentree
Sun May 22, 2016 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is this crazy? [Considering new job with pay cut]
Replies: 11
Views: 2402

Re: Is this crazy?

This is vague as you said so my reply is pretty vague. It's not crazy. Typically you get rewarded for taking a little short term risk like this. Most people can't afford to take any pay cut so they can't take the risk required to make a lot more money. To start our own business, we did not pay ourse...
by Greentree
Fri May 20, 2016 9:06 am
Forum: Personal Consumer Issues
Topic: How to stop MS loading Windows 10?
Replies: 70
Views: 9277

Re: How to stop MS loading Windows 10?

This happened to me last night.

I declined the legal agreement in one of the first few steps of the install, and it took me back to windows 10. Then went and made it tell me what upgrades were available.
by Greentree
Wed May 11, 2016 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 35005

Re: Evicting a tenant-Hire lawyer?

One other method you can look up is called "Cash for Keys", or more PC, "Relocation Assistance." You offer the renter some amount of money to get out in less than 30 days. Some people object on the principle that you are rewarding the renter, but I used it effectively and found it cheaper and quicke...
by Greentree
Sat Apr 16, 2016 12:38 pm
Forum: Personal Consumer Issues
Topic: Replacing appliances in a rental in-law unit
Replies: 9
Views: 1285

Re: Replacing appliances in a rental in-law unit

Have you looked on Craigslist? If you don't mind white, there are really good deals on nice, couple year old white appliances that people take out because they want SS. For $200 you could get it yourself.
by Greentree
Fri Apr 15, 2016 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 142
Views: 22556

Re: When was the most stressful financial time in your life?

Great topic. It really makes me empathetic reading the other posts. In 2006, then 2007, I had great years as a commissioned salesmen at a small company. I saved $40k above my emergency fund and bought quality individual stocks (brk, Altria, etc). It was a lot of money for me. It never occurred to me...
by Greentree
Fri Apr 08, 2016 6:37 am
Forum: Personal Consumer Issues
Topic: Stay in city or move out to suburbs?
Replies: 33
Views: 5773

Re: Stay in city or move out to suburbs?

We are going to be wrestling with the same decision soon. We just had a child and briefly considered making the move right before but held off. Now we are understanding how nice the short commute is so the current plan is to stay in the city until school age. We are in Chicago. The areas of the city...
by Greentree
Thu Feb 11, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: Motivation to do Yoga / stretch more
Replies: 31
Views: 3359

Re: Motivation to do Yoga / stretch more

You might look into olympic lifting like clean and jerk and snatching. You'd want to find some place that could teach you. It is so much fun. You need to be flexible to do these movements well. Then being flexible becomes just a means to help you get better/more weight on the olympic movements. And,...
by Greentree
Sat Jan 16, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: How long can I let my car "sit" on vacation?
Replies: 47
Views: 77258

Re: How long can I let my car "sit" on vacation?

I think the only issue for a couple of weeks is leaving it outside in bad weather. I left my car for 3 weeks in snow and the brakes froze up.
by Greentree
Wed Jan 13, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Shipping Issues since move from UPS to USPS
Replies: 122
Views: 60422

Re: Amazon Prime Shipping Issues since move from UPS to USPS

Yes, we have had issues after a switch to USPS. Prime was 1-2 days always. Now, 4-5 days with USPS. We live in a major city where UPS is excellent and USPS is terrible. I will be asking for the free month(s).
by Greentree
Mon Nov 23, 2015 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: PhD Mechanical Engineer --> Law School?
Replies: 47
Views: 5899

Re: PhD Mechanical Engineer --> Law School?

Mechanical engineering is such a broad field, there are many jobs without overbearing regulatory restrictions. I am an ME and I've never had this frustration, actually, I've never even thought about it. It is hard when you are in school to see all of the different possible career paths but there are...
by Greentree
Tue Nov 17, 2015 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: College Engineering Programs - how different are they?
Replies: 152
Views: 13314

Re: College Engineering Programs - how different are they?

As long as it is a respected engineering school, it won't make much difference later. I have seen good engineers from big schools and from small schools. The good young engineers took advantage of all the program had to offer. Engineering is both theoretical and practical, especially for mechanical ...
by Greentree
Fri Nov 06, 2015 9:32 am
Forum: Personal Consumer Issues
Topic: Is DIY Car maintenance that hard these days?
Replies: 51
Views: 6317

Re: Is DIY Car maintenance that hard these days?

I agree with others, you end up learning what things to do DIY and what to leave for someone else. Changing brake pads and rotors are the biggest saver I have found that is easy to do. It is not a difficult job. Fluid changes (oil, brake line flush, coolant, transmission) are easy and will keep the ...
by Greentree
Wed Nov 04, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: New Baby & Life Planning
Replies: 15
Views: 2341

Re: New Baby & Life Planning

Roth is better than 529. It can be used for college. The only benefit to the 529 is emotional (more feeling like it is going to college) or if you already have everything else maxed out and want more space.
by Greentree
Mon Nov 02, 2015 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage paydown: Not if but how
Replies: 24
Views: 4215

Re: Mortgage paydown: Not if but how

The other way to think of it is every time you pay one month's worth of principle, you pay off an extra month. For instance, let's say the mortgage is $1,250 at ~4.25%. 1st month you pay ~900 interest, 350 principle. If you add another $350, for a total payment of $1250 + 350 = 1600, you pay off two...
by Greentree
Fri Oct 30, 2015 1:58 pm
Forum: Personal Consumer Issues
Topic: Oil change - Auto shop or DIY
Replies: 125
Views: 12145

Re: Oil change - Auto shop or DIY

I agree that Fram filters scare me. For an extra few dollars, you can get a Mobil 1 or Bosch filter. I buy them in multiples so I have them on hand and they are cheaper. One other point about the jiffy places. Some drain the oil for 10 minutes because that is part of how to make it quick. The way to...
by Greentree
Thu Oct 22, 2015 8:02 am
Forum: Investing - Theory, News & General
Topic: Why Save for Retirement? (Millennial Edition)
Replies: 44
Views: 9585

Re: Why Save for Retirement? (Millennial Edition)

Does he think today is worse than the 30s after the great recession? During the cold war years with Russia? During WWII, WWI? During the oil embargo, or high inflation in the 70s? The world is pretty stable in comparison to other times in history.