Search found 607 matches

by Texanbybirth
Tue Jan 23, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Jeans without strong chemical odor
Replies: 25
Views: 891

Re: Jeans without strong chemical odor

My $18 Wranglers from Target don't stink one bit, until I've worked in the yard in them for a day. :happy

They're fantastic! I even bought a second pair, which is the first time I've owned more than one pair of jeans in 5 years.
by Texanbybirth
Mon Jan 22, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 97
Views: 4146

Re: Going to one income-seeking testimonials

Hi OP, We've been doing this for a little over 3 years now. We have a freshly-minted 3 yo and a 15-mo. I make roughly your income if I count a discretionary-to-the-company bonus, much less if not. (We don't plan for it, but it certainly helps!) Our mortgage is literally twice as much as yours (P+I+T...
by Texanbybirth
Wed Dec 20, 2017 4:33 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 6901

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

This same eagerness hit very close to home recently. (Not my immediate family.) So I threw in $500 to a large cryptocurrency and asked the person involved to let me know when it was worth $10k. :happy

Now, win or lose I'll at least be part of this piece of history. :beer
by Texanbybirth
Tue Dec 19, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: At 34, Target 2050 (VFIFX) or LifeStrategy Growth (VASGX)
Replies: 9
Views: 735

Re: At 34, Target 2050 (VFIFX) or LifeStrategy Growth (VASGX)

I'm 32 and really like VFIFX. Contrary to siamond's post above, here's some rationale from Vanguard as to why they believe in the glide path. Feel free to decide for yourself.
by Texanbybirth
Tue Dec 19, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6444

Re: Can I afford it: Dodge Challenger

Unfortunately, if you cannot comfortably pay cash, you can probably not afford it. Many in this thread have said this and it makes no sense to me. Basically you’re saying if I had saved less in my retirement accounts and had $40k in a savings account instead of an IRA I’d be in a better position to...
by Texanbybirth
Tue Dec 19, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Grant Cardone suggests to set 9 exceptions for taxes
Replies: 18
Views: 1841

Re: Grant Cardone suggests to set 9 exceptions for taxes

I have 18 allowances on my W4. A large part of my wages are from a bonus, and the mandatory 25% w/h more than covers out tax bill. We usually get a few grand back each year, nothing I can do about it though.
by Texanbybirth
Wed Dec 13, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 3170

Re: WHO IS RIGHT ME or SPOUSE

Every situation where this occurs in my family the spouse gets a separate gift. I'd say you're out an extra $100 this year (and going forward). :beer
by Texanbybirth
Wed Dec 13, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 70
Views: 5772

Re: Can we afford to live on one income?

Personally, just given how I am, I would really be uncomfortable if our financial security totally depended on me all of the time. We couldn't have any biological children if my spouse took this approach. I am very ill during pregnancy and not able to hold a paid job during that season. I'm gratefu...
by Texanbybirth
Tue Dec 12, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 62
Views: 6888

Re: CPA: The best profession if you want to make the most money + keep the most money?

I'm a CPA and my Physician clients make way more money than I do. On the other hand, I'm self-employed, so I control my own schedule and work fewer hours than they do. I also spent less time in school. I don't think there are many synergies to being a CPA, MD. On the other hand, a couple of my prof...
by Texanbybirth
Mon Dec 11, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 70
Views: 5772

Re: Can we afford to live on one income?

Can you "afford" it? Absolutely. We're a few years further into the situation than y'all are. Our mortgage is 26% of gross take home pay. Yeah it's not going to win any Ratio Awards, but I don't lose any sleep at night. I "only" save 15% in my 401k. I feel like our life is extravagant. Some categori...
by Texanbybirth
Mon Dec 11, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2586

Re: What MPG App Do You Use To Track Fuel Usage ?

I use the Notes app on my phone and calculate by hand. I think just about the only useful info it gives me is the ammo I need for bragging rights with my dad. We've been doing it since I could drive. It adds nothing to my life, except enjoyment and laughs with my pops. :beer (NB: I have noticed that...
by Texanbybirth
Mon Dec 11, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 16880

Re: Save all this money, what do you splurge on?

Running shoes, Keurig coffee and wine. My parents still buy the massive Foldgers containers for like $0.01 at the grocery store, so I feel extremely privileged to pop a k-cup into our brewer each morning to make my coffee. We buy Bota box wine to have with dinner, but we might get a nice bottle here...
by Texanbybirth
Fri Dec 08, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: CPA: The best profession if you want to make the most money + keep the most money?
Replies: 62
Views: 6888

Re: CPA: The best profession if you want to make the most money + keep the most money?

I'm a CPA who prepares tax returns for doctors. It sure seems like I picked the wrong profession of the two from a purely financial viewpoint. :beer

(600th post, woo!)
by Texanbybirth
Thu Dec 07, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7701

Re: At what age your investments start making more money than you?

They don't make anywhere close to what I make. Maybe when we're 50 or so, if I'm able to stay employed and keep saving?

(Makes me sound like I have a high salary, when really I just have low investment balances.)
by Texanbybirth
Thu Dec 07, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6272

Re: "Financial Shock" wealth

Fascinating article, I'm bookmarking it. :beer

And like someone else said, that's one of the few personal finance articles I've read that makes me feel rich! :moneybag :moneybag :moneybag
by Texanbybirth
Thu Dec 07, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 6029

Re: Mortgage as percentage of take-home pay

PITI on a 30y note is 33.4% of net take-home pay. We live in a modest home in a very nice DFW suburb where people are busting down the doors to get in. No plans to ever move, though my commute is about 35 minutes. :beer
by Texanbybirth
Wed Dec 06, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs Target
Replies: 10
Views: 719

Re: 3 fund vs Target

I read Vanguard's paper on TDF, and they made a seemingly good case to me for VFIFX - TDF 2050. It's also a good investment vehicle for my wife if I pass away suddenly.

It's literally our only investment.

(We are simple people of modest means. :beer )
by Texanbybirth
Wed Nov 29, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9754

Re: What did you do right?

1) Asked the girl to marry me. (And subsequently married her.)
2) Had kids.
3) Somehow have managed to stay employed.

The mistakes seem to flood into my mind after each bullet point I type, so I'm gonna leave those three as my contribution. :D
by Texanbybirth
Wed Nov 29, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 207
Views: 22871

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Read in the last few days that one of the most searched phrases on internet browsers is "how to buy bitcoin with a credit card." Now that is scary. Well I just contributed to that search. I even downloaded the Coinbase app, but then my guardian angel whispered in my ear and I didn't open an account...
by Texanbybirth
Tue Nov 28, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house, right?
Replies: 88
Views: 8364

Re: Too much house, right?

We have the same kids as you and plans for more. I can't imagine a 3500 sq ft home, as I'm sure you'd want to treat yourself to a lot of toys and decorations to fill up said house. (Think media room, bedroom for each kid, office, dance studio, dining and of course living room, etc.) Our house is 250...
by Texanbybirth
Tue Nov 28, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Headphones for iPhone
Replies: 10
Views: 1242

Re: Headphones for iPhone

I love the earpods that come with the iPhones. They're the only earbuds that have stayed snug in my ears.
by Texanbybirth
Mon Nov 27, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 26574

Re: Currently have $700,000 at 26 years old get $100,000 a year

You will not be okay long term. If you want to go back to school, set aside some money for that. Get a 9-5 job, start budgeting, and give all your money away. Start from $0. Give away to charity half the $100k/yr your parents give you and put the rest into a savings account each year. See if you can...
by Texanbybirth
Fri Nov 24, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Target Pre-pay phones on Thanksgiving in store issues
Replies: 13
Views: 1323

Re: Target Pre-pay phones on Thanksgiving in store issues

I found the employees at Target who helped me get my phone to be a significant step down in professionalism and organization than the other Target employees. I was kind and polite, and eventually got my phone. It was a little like pulling teeth, though. Congrats on your new phone, I really like my i...
by Texanbybirth
Tue Nov 21, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: Daycare Parting Gift
Replies: 16
Views: 1166

Re: Daycare Parting Gift

barnaclebob wrote:
Tue Nov 21, 2017 2:15 pm
Thank you note + drawing from kid + gift card = success
+1. My wife always appreciated handwritten notes, especially the ones that had a Chili's or Amazon giftcard attached. :D Granted none of this was expected, but she remembers those surprises especially well.
by Texanbybirth
Fri Nov 17, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15787

Re: The 4% rule DOES fail but still makes sense!

It's illogical because if you ran out of money, you could just end your life. If you fear living with no money more than death, then you should choose the latter. I don't say this to be morose; it's just logical. I think that should be up there in the pantheon of spending plans 1) 4% rule (OK, not ...
by Texanbybirth
Thu Nov 16, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Investing help family of four....Do nothing?
Replies: 22
Views: 2064

Re: Investing help family of four....Do nothing?

Why does your wife want that much money in the taxable account? Security? College spending? If the former, then wouldn't a paid off mortgage with the associated freed-up monthly cash flow be pretty secure, too? If the latter, some people in this thread have given some great suggestions on college fi...
by Texanbybirth
Thu Nov 16, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: buying a tux - any experience with Indichino?
Replies: 7
Views: 589

Re: buying a tux - any experience with Indichino?

I went through a place called Buy4LessTuxedo this past May. It was a great experience.
by Texanbybirth
Thu Nov 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 5222

Re: Fair way to split expenses?

The response to this thread appears to be dependent on whether you are in a first or second marriage (or third and greater) and with children from previous marriages. Commingling finances can get complicated in those situations. It is probably more important to be on the same page with spending and...
by Texanbybirth
Wed Nov 15, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 8730

Re: $23k credit card emergency

You have a spending problem, not an income problem. Groceries: Slash your budget by 50%. Eat only oatmeal, banannas, rice, beans, eggs . This is a good read: https://www.mrmoneymustache.com/2012/04/18/news-flash-your-debt-is-an-emergency/ Agreed, but I'd throw peanut butter and coffee in there, too...
by Texanbybirth
Wed Nov 15, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Hybrid EX-L- great deal or not?
Replies: 26
Views: 2032

Re: Honda Accord Hybrid EX-L- great deal or not?

For my zip code, that price sounds like ball park for market value of the Hybrid EX-L. True Car link I definitely wouldn't call this deal a "fantastic price", but I don't think you're getting fleeced. Since this is all "off the cuff", I'd be wary of car dealership tricks to artificially inflate the ...
by Texanbybirth
Tue Nov 14, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 2388

Re: IPHONE 8, X

Could you please expand on that? https://weeklyad.target.com/promotions?code=Target-20171107&lnk=Wejustcouldntwa&page=4 From Targets black friday ad Thanks for the heads up. Reading the fine print, I think (?) that you can get the gift card only if you also sign up for a new cellular plan as it tal...
by Texanbybirth
Tue Nov 14, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 74
Views: 8639

Re: Personal letters to the sellers of your house can work!!!

We saw our house the day it was back on the market from failed financing on the previous buyers. It was a Friday, and we were bummed about how nice it was because the list price was just out of our reach. After talking with our realtor we decided to make an offer for $15k under list price. We includ...
by Texanbybirth
Tue Nov 14, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 2388

Re: IPHONE 8, X

The X camera is incomparably better than the 6S, but so is the 8's. I would get an X before I got an 8+, but you might consider the 8 if you're not opposed to going back down in screen size or the cost of the X makes you uncomfortable.
by Texanbybirth
Tue Nov 14, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Iphone 4
Replies: 37
Views: 2287

Re: Iphone 4

My wife has a 4s with only 8 GB of storage, so that bottlenecks some capabilities. We have 2 kids movies and one short kids show on there for distractions as needed. The cameras on it aren't great so face time could be a lot better, and the pictures she takes of our kids could be better. In general...
by Texanbybirth
Tue Nov 14, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 2388

Re: IPHONE 8, X

I'm looking at the same decision. The 8 or the X. The 8 plus is too big so that's out. For me it basically comes down to the fact that the 8 has black friday deals so I can get a $250 GiftCard whereas the X doesn't seem to have any deals. I'll take over a $500 savings to have the 8 vs. the X Could ...
by Texanbybirth
Mon Nov 13, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3797

Re: Clements: Your "Number One Number"

We're at 26% gross, 33% take home for PITI. Based on our financial situation, that's the max I'd recommend anyone taking out. Our mortgage is literally our only debt. I can't imagine having a car loan/student loan on top of that. I know people do it, but knowing my personality I'd be even more anxio...
by Texanbybirth
Thu Nov 09, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 4195

Re: Coffee

For those interested in learning more about coffee I recommend the “Caffeinated” documentary on Netflix. Watch it on your iPad while enjoying your favorite brew. On that note since wine came into the equation, I recommend “Somm” and its follow up documentary also on Netflix. Thanks-will do just tha...
by Texanbybirth
Wed Nov 08, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 5171

Re: Poll-How much do you have in your HSA?

2014, $1800. We can't really seem to afford to build it up, but the tax savings are nice.
by Texanbybirth
Wed Nov 08, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do hospitals provide maternity package?
Replies: 6
Views: 553

Re: Do hospitals provide maternity package?

We're planning to have a baby next year and I'm reviewing several private health insurance plans. Well actually only one since I'm in Texas and Blue Cross is the last big health provider. The plan is showing for maternity coverage (Delivery) - $850 Copay then 50% Coinsurance after deductible. If I ...
by Texanbybirth
Wed Nov 08, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 1899

Re: Vangaurd Target Date retirement allocation too aggressive?

I trust that a company like Vanguard has my interests at least substantially in mind with their TDF methodology. VFIFX is our only investment, so I guess we'll be part of this 30+-year experiment. :D I found their research paper "Vanguard's approach to [TDF]s" informative and seemingly well-thought ...
by Texanbybirth
Wed Nov 08, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13875

Re: How old are you and how much do you save for retirement a year

Me 32 DW 31, 15% of my income per year. (She doesn't work outside the home.)
by Texanbybirth
Tue Nov 07, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to graduate 1 semester sooner if it costs MORE?
Replies: 9
Views: 844

Re: Is it worth it to graduate 1 semester sooner if it costs MORE?

2 classes with a full-time job sounds daunting. Not only objectively, but it sounds like you're already at your limit. I'd ride out the extra semester, and do as much as I possibly could on my part to get that scholarship. You're seeing the light at the end of the tunnel either way, so congrats! :beer
by Texanbybirth
Tue Nov 07, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13655

Re: Why make more money?

Lets just assume that you are healthy and financially OK. You have have 30x expenses in investments plus whatever socials security will eventually give you in some distant future. You have no debt and the kids college is covered. You don't live extravagantly, but you have enough to travel, eat out,...
by Texanbybirth
Tue Nov 07, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 10421

Re: Disposable income... how?

Well, let's put some context on things here - even after putting away 33% of your income, you're still spending more money than the average family in the country earns in a year.... I love this point. Agreed! Any feeling of depravity on the part of the OP is due to paying his future self at the exp...
by Texanbybirth
Tue Nov 07, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2754
Views: 879436

Re: What Book Are You Currently Reading? Part VI

The Spear by Louis de Wohl The Sagrada Familia: The Astonishing Story of Gaudí’s Unfinished Masterpiece, by Gijs van Hensbergen. Believe it or not, I literally had never heard of or seen a picture of this church. My interest was sparked by an episode of the podcast, "99% Invisible," La Sagrada Fami...
by Texanbybirth
Tue Nov 07, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9862

Re: "$1 Million is Closer Than You Think"

According to my inputs (today's actuals), I have the same chance of reaching $1MM as I do the probability that I will eat a slice of pizza this month. Since that is 100% (my non-celebrity-married spouse and I share a love for this divinely-inspired food), I'm feeling pretty good about retirement! :b...
by Texanbybirth
Mon Nov 06, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 12193

Re: Got an iPhoneX

Why congratulations on buying a phone? Hey, i expect that if one becomes a dad or mom, but buying a phone? No heroic act was performed. lol. For $1000 I'll pass. Of course you can thank the OP for putting $$ into your pocket for pushing Apple and the S&P 500 up higher (thus VTSAX and VTI up as well...
by Texanbybirth
Fri Oct 06, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 16828

Re: Bogle himself is saying we will expect like 3% for the next decades

3% is what I have in my spreadsheet. If we get that, we're golden. If we get more, GREAT.