Search found 1088 matches

by Texanbybirth
Wed Apr 17, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7643

Re: I’m a Loser Stuck in a Dead End Job

I just want to say from the non-financial part of your life you've posted, I wouldn't say you are a loser. Who cares what your net worth is, although it's good that you're not in debt and do have some spare cash, when you literally spent yourself caring for family? In the end, how you treat people i...
by Texanbybirth
Mon Apr 15, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 126
Views: 5689

Re: Soon to be dad, how to prepare

Just wanted some feedback on how to prepare myself Start by waking up from a sound sleep every 2-4 hours. Don't worry, that phase only lasts for 18 years or so. Good luck. Thanks for the good laugh, we are expecting baby #4 in August and just keep resetting the clock, haha. Somehow you just survive...
by Texanbybirth
Mon Apr 08, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: best card bonus for $500 in spend in 3 months
Replies: 23
Views: 1912

Re: best card bonus for $500 in spend in 3 months

Just got the US Bank Kroger card (1-2-3 Rewards I believe), which in addition to the $150 cash back on $500 spend ALSO gives $0.25/gal off of gas when redeeming at least $0.10/gal Kroger rewards for a year. With gas going up, that $0.35/gal (usually much more with how we manufacture spending at Krog...
by Texanbybirth
Fri Apr 05, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Married couples: can you have a team mentality with separate finances?
Replies: 183
Views: 8086

Re: Married couples: can you have a team mentality with separate finances?

Run, don't walk, to couples counseling IMO. +1,000,000 It does sound like y'all have different views of finances (based on your other thread about household budgeting, too) and y'all have plenty of income. It's all about relationship dynamics, and we at BH can't fix this for you. No one knows it al...
by Texanbybirth
Fri Apr 05, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Selling Breast Milk - 1099-MISC SCH C or Line 21?
Replies: 40
Views: 3607

Re: Selling Breast Milk - 1099-MISC SCH C or Line 21?

Breast Milk is considered merchandise, and the company that is paying me $1.00/ounce for the product should not be issuing me a 1099-MISC for these payments. Establishing a business (self-employed) to produce or sell Breast Milk wouldn’t be a recognized business as the volume produced and duration ...
by Texanbybirth
Fri Apr 05, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: New Car Fund
Replies: 13
Views: 667

Re: New Car Fund

We put our car replacement funds in Vanguard's Lifestrategy Moderate Growth Fund, it's a 60/40 fund.

Congrats on thinking ahead. Who knows, with a little luck you might be able to buy two cars with that fund in ten years! :beer
by Texanbybirth
Fri Apr 05, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Selling Breast Milk - 1099-MISC SCH C or Line 21?
Replies: 40
Views: 3607

Re: Selling Breast Milk - 1099-MISC SCH C or Line 21?

Breast Milk is considered merchandise, and the company that is paying me $1.00/ounce for the product should not be issuing me a 1099-MISC for these payments. Establishing a business (self-employed) to produce or sell Breast Milk wouldn’t be a recognized business as the volume produced and duration ...
by Texanbybirth
Thu Apr 04, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Life advice or: How I learned to stop worrying and love the Bogle
Replies: 29
Views: 2990

Re: Life advice or: How I learned to stop worrying and love the Bogle

Good idea on planning for retirement vs savings for kid's college. Who knows, if you stay low income they may get more financial assistance. +infinity on life insurance. If you're both healthy, 20y @ $500k should be easy for your monthly budget. I'd hold off on the house for now. Keep saving, and e...
by Texanbybirth
Thu Apr 04, 2019 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Life advice or: How I learned to stop worrying and love the Bogle
Replies: 29
Views: 2990

Re: Life advice or: How I learned to stop worrying and love the Bogle

Good idea on planning for retirement vs savings for kid's college. Who knows, if you stay low income they may get more financial assistance. +infinity on life insurance. If you're both healthy, 20y @ $500k should be easy for your monthly budget. I'd hold off on the house for now. Keep saving, and en...
by Texanbybirth
Thu Apr 04, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2212

Re: Additional Costs for 3rd Child?

You are teaching your kids exactly what you quoted in your post - you mislead the folks that receive your reservation. We agree on that. You have stated that you have no alternatives - there are no other choice. We do not agree on that. All of this is in your posts , not my opinion just facts. I am...
by Texanbybirth
Wed Apr 03, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2212

Re: Additional Costs for 3rd Child?

Way way way too soon to try to decide or even waste emotional energy on this. Focus on supporting your wife during pregnancy, nurturing the new baby as he hopefully grows to a happy healthy toddler, supporting your older one through the change of having a sibling and maturing into a little boy (and...
by Texanbybirth
Wed Apr 03, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2212

Re: Additional Costs for 3rd Child?

hockey player, eh? same here :beer We just had our 3rd, so I'm certainly not an expert. Our oldest just turned 4, and the middle one is 2.5, so they're all pretty close together, though I know ppl have kids a lot closer together. I'm nowhere near as rich as you (planning to retire at 50? nice!), bu...
by Texanbybirth
Wed Apr 03, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2212

Re: Additional Costs for 3rd Child?

hockey player, eh? same here :beer We just had our 3rd, so I'm certainly not an expert. Our oldest just turned 4, and the middle one is 2.5, so they're all pretty close together, though I know ppl have kids a lot closer together. I'm nowhere near as rich as you (planning to retire at 50? nice!), but...
by Texanbybirth
Mon Apr 01, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: Family flying - picking seats at booking
Replies: 75
Views: 4738

Re: Family flying - picking seats at booking

I also highly recommend Southwest. We never get Early Bird Check-In, as family boarding after the A group has NEVER not yielded us our choice of seats. They're not in the front of the plane, but we don't care because our (3, little) kids are good flyers. We even fly regularly into Orlando (Disney), ...
by Texanbybirth
Mon Apr 01, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer | Recently Engaged
Replies: 70
Views: 4212

Re: First Time Homebuyer | Recently Engaged

Renting is the better option for you. It will allow you to save money. Also, it will prevent lifestyle creep (furniture, landscaping, etc.). Furthermore, home ownership will add complexity and stress. Thanks for the feedback Rolltide. What are some of the indicators that determine when would be the...
by Texanbybirth
Sat Mar 30, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 9505

Re: How will you spend your retirement money?

In order of preference: Necessities for my wife and I. Charitable giving. Visiting kids (3 little ones right now, hoping for a bucketful more)/grandkids, and physically helping out as both of our sets of parents have been able to help us. Maybe a little travel/pilgrimages. RV. (Don't own one, never...
by Texanbybirth
Fri Mar 29, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card to get after using up bonus offers due to 5/24 rule?
Replies: 45
Views: 2403

Re: Credit card to get after using up bonus offers due to 5/24 rule?

Our friends over at r/churning put together a pretty good flowchart for CC decisions. If you are at 5/24, my recommendation would be the Barclays Arrival +. Right now it has its highest bonus of 70K miles with the annual fee waived the first year. Barclays has a 6/24 rules, so do that one first bef...
by Texanbybirth
Fri Mar 29, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 6881

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Getting close, though I guess it won't be a "huge tax increase". We itemize, and local prop taxes plus sales tax is ~$9k. I expect to be over the $10k limit in the next two years with how insane our prop taxes are, but we'll still probably itemize because we have a 30-yr mortgage and tithe. :beer Bt...
by Texanbybirth
Fri Mar 29, 2019 10:46 am
Forum: Personal Consumer Issues
Topic: How will you spend your retirement money?
Replies: 86
Views: 9505

Re: How will you spend your retirement money?

In order of preference: Necessities for my wife and I. Charitable giving. Visiting kids (3 little ones right now, hoping for a bucketful more)/grandkids, and physically helping out as both of our sets of parents have been able to help us. Maybe a little travel/pilgrimages. RV. (Don't own one, never ...
by Texanbybirth
Fri Mar 29, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 13964

Re: How often do you check your net worth?

I'm not really even sure how to calculate our "net worth", let alone how often to do it. I keep track of our cash, credit card balances, and investment/retirement accounts on a weekly basis. I don't worry about the value of our house, as we have no way to get to it and no plans to move.
by Texanbybirth
Thu Mar 28, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: Upgrading iPhone 5S to SE
Replies: 18
Views: 762

Re: Upgrading iPhone 5S to SE

I would go for 128GB if you like having albums on your phone. I went from a 32GB SE (loved that phone) to a 256GB XS (love this phone, too). 32GB was always not enough for me, and I don't download a lot of music. Pics/vids and texts always kept me on my toes deleting stuff to make sure my phone didn...
by Texanbybirth
Thu Mar 28, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11588

Re: Is our household budget crazy?

I don't know how you don't know what you spent $560/mo on for "shopping". If we spent that much on average over a 3-month period, I better have a new iPhone or something to show for it. :D My wife is very frugal about kids clothing, and of course grandparents love to buy kids clothes. Sigh. This is...
by Texanbybirth
Thu Mar 28, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11588

Re: Is our household budget crazy?

Your grocery and eating out budget seems insanely high, but otherwise your spending doesn't really seem crazy. I mean, you make so much money who really cares? I wouldn't lose sleep over it, unless you're throwing away a bunch of food each week. You probably either live in a HCOL area or eat at very...
by Texanbybirth
Thu Mar 28, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Young(ish) family, checking in
Replies: 9
Views: 785

Re: Young(ish) family, checking in

You're gonna need to up your savings to get there, but you almost certainly won't be that 45 year old co-worker joking about retirement either so I wouldn't stress too much.
by Texanbybirth
Sun Mar 10, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate
Replies: 97
Views: 7308

Re: Savings Rate

15% for retirement. Any more immediate goals are (modestly) elsewhere in the budget. We started that when I was 28. (My wife is a SAHM.) That’s when I was introduced to Dave Ramsey, and that’s one of his baby steps. From some further research, it actually seems that with my company’s 5% match our sa...
by Texanbybirth
Fri Mar 08, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7033

Re: attacked by off-leash dog

Our town has pretty strict leash rules. There's a house in our neighborhood across the street from the park with three dogs. He lets them out all the time without a leash. They seem like generally agreeable dogs, but they do bark pretty loudly at anyone walking on the sidewalk (across the street fro...
by Texanbybirth
Thu Mar 07, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Finished with Student Loans! Thanks, Bogleheads (and WCI)
Replies: 5
Views: 762

Re: Finished with Student Loans! Thanks, Bogleheads (and WCI)

Congrats, that sounds fantastic. Sounds almost more like a stone around your neck than a cloud over your head, but the imagery is still useful. Take some time to breath and enjoy the freedom. Take advantage of tax-free space, take the other half of "we" out for a nice dinner, and post here with a mo...
by Texanbybirth
Wed Mar 06, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

OP here, just wanted to say thanks for the continued discussion/encouragement/realism. As some have pointed out that they receive comp bumps in other ways (bonuses, RSUs, vested benefits) that isn't the case here. I was talking about W2 total comp in my situation. 4 years in a booming economy is abs...
by Texanbybirth
Tue Mar 05, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

As I've been reflecting on the comments in this thread, and my career recently, I'm wondering if an MBA might be a good move for me. I've really enjoyed the management side of my job: leading people, strategizing (even if plans are shot down) across departments, trying to see the big picture within ...
by Texanbybirth
Tue Mar 05, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

Would you look for a new job? Perks are it's really only about 25-30 hrs/wk of work most times, pretty good ancillary benefits (HDHP/HSA, benefits paid for, good vacation time) and it provides great work-life balance for a young family. So that is a reason to stay. The whole work-life balance thing...
by Texanbybirth
Tue Mar 05, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

I wanted to chime in this morning to say thank you to everyone who has replied so far. It seems that some soul-searching is in order on my part, but that I've at least come to that realization at a good time. I've been generally motivated by the comments, and I was even eager to wake up and check th...
by Texanbybirth
Mon Mar 04, 2019 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

Have a heart to heart with your direct supervisor. If it's been four years, you're probably ready for a new assignment within your organization. If that role does not currently exist in your organization, pitch it. In three instances in my career I've invented my next role during annual reviews and...
by Texanbybirth
Mon Mar 04, 2019 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

4 years in a booming economy is absolutely too long to go without a raise. Either your company or your indusrty is in decline, which is a sign to get out. Or your company is just being extremely cheap, which is also a reason to get out. I went 2 years without a raise, but it was 2009 and 2010, the ...
by Texanbybirth
Mon Mar 04, 2019 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

Currently at 2.5 years. I received a raise in June 2016 before they announced company was entertaining offers to be purchased. Purchase and due diligance dragged out over 2017 when there was a pay and hiring freeze due to the offer. Then various th8ngs delayed it even further into the end of 2018. ...
by Texanbybirth
Mon Mar 04, 2019 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

What are competitors paying? Companies will pay what they need to pay to get the talent they need. Clearly, the company is happy with the status quo. If people started leaving and the work wasn’t getting done, raises would probably start to happen. Is nobody leaving the company because there aren’t...
by Texanbybirth
Mon Mar 04, 2019 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

For about 3.5 years (January 2015-October 2018) I had the same salary, though I had no complaints. Changed jobs this past October for a ~15% increase (though the reason I changed jobs wasn't salary, just decided if I was going to make a change it had to be worth my while, which it was). Nice, you g...
by Texanbybirth
Mon Mar 04, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

Re: How long have you gone without a raise?

We don't earn much, but every year like clockwork there is a 2.5 - 3.5% raise. It isn't even really a raise anymore, just a standard salary increase that seems to keep well ahead of inflation since the recession. One could double their salary in 20 years at that pace. However again, we don't earn m...
by Texanbybirth
Mon Mar 04, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you gone without a raise?
Replies: 75
Views: 5538

How long have you gone without a raise?

It has been 4 years now for us (whole company). What was a pretty good total comp (salary + bonus) package 4 years ago has definitely felt more pinched with higher property taxes, homeowners insurance, auto insurance, and 3 kids. I suppose the last piece would make any budget feel tighter, but witho...
by Texanbybirth
Mon Mar 04, 2019 2:12 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 8481

Re: Why do you live where you live?

We live in North Texas because my parents and several other family are very close by, which helps with our young children. I've actually never left: born, raised, college-educated here. We have a fantastic community of friends and a great Church environment as well. We have world-class healthcare (n...
by Texanbybirth
Fri Mar 01, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I switch my daily banking business to Ally?
Replies: 51
Views: 3423

Re: Should I switch my daily banking business to Ally?

not realizing that Ally charges you for each withdrawal over 4 in any accounting period. 6, not 4. That's also with every bank, not just Ally. Non in-person transfers from savings to checking (demand deposit) accounts are limited to 6 by federal law. Ally is up front about this. The lack of being a...
by Texanbybirth
Fri Mar 01, 2019 2:48 pm
Forum: Personal Investments
Topic: Should I sell the bank stocks I [inherited] in 2006?
Replies: 24
Views: 1493

Re: Should I sell the bank stocks I [inherited] in 2006?

Speaking of BRK, if you want to make an active play just sell them all and buy BRK.B for your daughter. (You mentioned giving them to her.)
by Texanbybirth
Fri Mar 01, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Pregnant wife asks for Malaysian low-salt food delivery
Replies: 26
Views: 2906

Re: Pregnant wife asks for Malaysian low-salt food delivery

My wife is 37 weeks and asked me to make a late night run to Kroger for Oreos, so I (sorta) feel your pain. Sorry I can't be of any more help.
by Texanbybirth
Thu Feb 28, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on Large Bonus
Replies: 28
Views: 2074

Re: Taxes on Large Bonus

Others have given good advice. I'll only point out that supplemental income is withheld at 22% now, not 25%. ETA: I have the opposite problem in that my bonus w/h covers my entire tax bill for the year -poor man's problem. :) But others at my company do adjust their W4s with a special "Bonus-only" W...
by Texanbybirth
Thu Feb 28, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 76
Views: 8212

Re: Naval on getting rich.

Food for thought: we're two for two on having children who have the following "habit loop" from the moment of birth: eat, poop, sleep, (maybe) cry, eat, sleep...you get the point. I'm pretty sure our third will fall into this habit, too. The tabula rasa view of the human person (not directly addres...
by Texanbybirth
Thu Feb 28, 2019 1:50 pm
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 76
Views: 8212

Re: Naval on getting rich.

Food for thought: we're two for two on having children who have the following "habit loop" from the moment of birth: eat, poop, sleep, (maybe) cry, eat, sleep...you get the point. I'm pretty sure our third will fall into this habit, too. The tabula rasa view of the human person (not directly addres...
by Texanbybirth
Thu Feb 28, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Florida Prepaid - Lump Sum or 5-year payment plan?
Replies: 6
Views: 608

Re: Florida Prepaid - Lump Sum or 5-year payment plan?

Doesn't Florida have a very generous scholarship program for kids who graduate and stay in state? I'm curious how that works vis a vis Florida prepaid. Maybe you can transfer the prepaid plan to other kids? I like your plan to pay off monthly, and keep the cash in your bank account, until you feel m...
by Texanbybirth
Thu Feb 28, 2019 10:45 am
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 76
Views: 8212

Re: Naval on getting rich.

Hi Lynette, Naval came to the U.S. as a child and grew up in multicultural New York. He reads widely, and I think his life philosophy is influenced more by his reading than by his family's heritage. Victoria Hi Victoria, He was nine when he came to the USA from India. He appears to have been close ...
by Texanbybirth
Wed Feb 27, 2019 5:10 pm
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 76
Views: 8212

Re: Naval on getting rich.

It never hurts to look at other's viewpoints. Naval is not for me though. +1. I read the PDF of the long podcast linked above. Man, that was...hm. I can say I won't be very interested in other things he has to say. He didn't strike me as "brilliant", or anything close really. I actually landed on t...
by Texanbybirth
Wed Feb 27, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: Naval on getting rich.
Replies: 76
Views: 8212

Re: Naval on getting rich.

munemaker wrote:
Sun Feb 24, 2019 11:58 am
It never hurts to look at other's viewpoints. Naval is not for me though.
+1. I read the PDF of the long podcast linked above. Man, that was...hm. I can say I won't be very interested in other things he has to say. He didn't strike me as "brilliant", or anything close really.