Search found 1107 matches

by Texanbybirth
Mon May 06, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate?
Replies: 100
Views: 7146

Re: How much do you donate?

Giving / donations is usually very subjective to your 'perspective - of wealth / how much is just enough'. I've just tried to always donate more than I spend on myself . (I drive a 40 yr old car, by choice, so I can give more to others. ) Wish I could donate 90% and live on 10%, but I was an hourly...
by Texanbybirth
Tue Apr 30, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Another Advantage of Being a Boglehead
Replies: 27
Views: 2096

Re: Another Advantage of Being a Boglehead

For example, I was driving a 17 year old Toyota Camry because I just didn't see the point of getting a new car as long as my old one was running fine. The last few years, I noticed that they were REALLY NICE to me at the car dealership. They would try to cut me a break and offer me the lowest possi...
by Texanbybirth
Tue Apr 30, 2019 11:48 am
Forum: Personal Investments
Topic: What happened to GE?
Replies: 24
Views: 2499

Re: What happened to GE?

I'm prohibited from buying individual shares, but I'd buy $500 of GE if I could. I'd also buy $500 of MSFT and AMZN.

(I don't have to say this, but I'm in no way offering purchasing advice for you. Just saying what I'd do if I could.)
by Texanbybirth
Mon Apr 29, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why do most people hate/dread learning about money and is there a good book for helping them?
Replies: 78
Views: 4873

Re: Why do most people hate/dread learning about money and is there a good book for helping them?

bluebolt wrote:
Sat Apr 27, 2019 11:37 am
People dread learning that they are not earning enough to support the lifestyle they are living.
Oh, pithy but succinctly accurate. I like it!
by Texanbybirth
Mon Apr 29, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: How Much to Tip Wedding Officiant
Replies: 38
Views: 2268

Re: How Much to Tip Wedding Officiant

I think we paid our priest $250 in 2012, but in our religion (RC) we couldn't have had the wedding without him (or another clergy). :beer I believe it also depends on the minister. A friend was married by a cardinal is a NE city, and he didn't even let them pay him! He just requested a donation to a...
by Texanbybirth
Mon Apr 29, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9296

Re: EXTREMELY frugal things from our parents and grandparents

- Keep soap remnants, all held together with elastic bands. Don't know how he combined them later. If you take the old small piece of soap, you can attach it to the new bar when they're both wet, and it will stay attached. I do that now. Me too :oops: I use a bar of soap until it literally disappea...
by Texanbybirth
Mon Apr 29, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: What are the cons of always being a one parent working household?
Replies: 134
Views: 8263

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

Details: 46 and 42 year old parents 4 kids - ages 12 to 4 (Tons of work keeping up with it all...laundry, cooking, kid needs, cleaning, running everyone around, etc., etc., etc.) 42 year old works 5 minutes from home so simple work lifestyle (no travel, work from home as needed, 7 weeks vacation, v...
by Texanbybirth
Fri Apr 26, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: [Online Learning] Anyone used Coursera or edX?
Replies: 4
Views: 508

[Online Learning] Anyone used Coursera or edX?

I'm looking at a few classes/specializations to help broaden my skillset, mainly around analytics/data science/big data. Has anyone used a Coursera subscription or purchased courses from edX to help them professionally? Does your company have a corporate subscription you use? I can see some reviews ...
by Texanbybirth
Fri Apr 26, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Minivan alternatives?
Replies: 48
Views: 3011

Re: Minivan alternatives?

Crash test ratings are a big concern for me, so that leaves the Odyssey or Pacifica. The new Pacifica is a couple years old now, so I'd feel comfortable getting it. Another poster pointed out their reasons for not going with the hybrid Pacifica - I completely agree. I think either of those vans woul...
by Texanbybirth
Wed Apr 24, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 16799

Re: Whats the Point of Climbing the Corporate Ladder?

Some people want the power. Some people want the title or prestige. Some people want the money. A few people are actually good at being leaders, even the reluctant ones. It doesn't sound like you fit into those categories, but I'd also heed the advice of those telling you to not get too comfortable....
by Texanbybirth
Wed Apr 24, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Examples of financial accounting rules not applicable to personal finance?
Replies: 60
Views: 2614

Re: Examples of financial accounting rules not applicable to personal finance?

I'd question why you need to prepare your personal records using financial accounting rules to that level of detail. Good question. Ppl may differ why they keep records. Personally, I do it so that I can compare my income/spending & saving rates year to year (or month to month). Having a one time b...
by Texanbybirth
Wed Apr 24, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Repayment vs Continued Investment: philosophical question?
Replies: 5
Views: 334

Re: Debt Repayment vs Continued Investment: philosophical question?

Pay off the loans, take the interest bonus ($25k) and the random $30k in checking (not sure I saw how you earmarked that amount), and split the difference on the practice buy-in 50-50 financed. It doesn't create a bad habit, as long as you don't let it. You could payoff the practice buy-in over the ...
by Texanbybirth
Tue Apr 23, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 11748

Re: Who is buying 1-3 year old used Toyotas and Hondas?

Maybe they're really good at negotiating and get them for way cheaper than what you're seeing. I'm not sure where you're looking at the price, though.
by Texanbybirth
Tue Apr 23, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 4408

Re: At what age did you buy your first first class airplane ticket?

I'd fly my family first (or at least business) class if I were you, especially international. My wife and I used to do it before we had kids just because we could. As others have questioned, are you a doc or something? Your savings are really low, but you can easily boost them up if you just haven't...
by Texanbybirth
Tue Apr 23, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Taking the new job or not?
Replies: 24
Views: 1071

Re: Taking the new job or not?

Do not take the "new" job. Keep your current job.
by Texanbybirth
Tue Apr 23, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: Best pillow under $50?
Replies: 33
Views: 2441

Re: Best pillow under $50?

My wife gets Ralph Lauren pillows (king size) from Macy's for $8 a pop, cheaper because she uses their coupons. They last us at least 2-3 years. I couldn't care less about my pillow (I sleep like a baby rock), but she replaces them when they start to bother her.

:beer
by Texanbybirth
Mon Apr 22, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Housing: "Super Savers" vs. the "Rest"...
Replies: 85
Views: 9468

Re: Housing: "Super Savers" vs. the "Rest"...

So OP, you bought a 4k sq ft home when you were a family of four? Even with kids at home it seems like you fit squarely in the top right corner of the second graph you posted, with over 1k sq ft. per person. Is that right? I'm surprised you were able to keep housing to 10-14% of income at that size ...
by Texanbybirth
Mon Apr 22, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: What are your 5 favorite tools (hand, power, other)
Replies: 33
Views: 2111

Re: What are your 5 favorite tools (hand, power, other)

iPhone (to call repairman)
AMEX (to pay repairman)
hammer
tape measure
DeWalt cordless drill with drillbit accessory box

:D :beer
by Texanbybirth
Mon Apr 22, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: Where to buy a movie (Amazon/Google/iTunes/PS)?
Replies: 35
Views: 1450

Re: Where to buy a movie (Amazon/Google/iTunes/PS)?

If you're talking about the digital version, then we've used Amazon and iTunes. Both work fine on phones, iPads, laptops, Apple TV (Amazon and iTunes app). We also signed up for the "Movies Anywhere" service, which aggregates all your movie purchases from the different vendors. It even works for the...
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: 7935

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: 127
Views: 6138

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: 2007

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: 8549

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: 3686

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: 763

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: 3686

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: 3041

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: 3041

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: 2337

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: 2337

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: 2337

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: 2337

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: 4882

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: 4237

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: 9672

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: 2476

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: 7105

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: 9672

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: 14555

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: 795

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: 11795

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: 11795

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: 800

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: 7387

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: 7166

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: 777

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: 5591

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: 5591

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: 5591

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...