Search found 190 matches

by Regattamom
Mon Apr 22, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Delayed gratification.
Replies: 55
Views: 6192

Re: Delayed gratification.

Delay - If you still feel like you really want to purchase X after several months, then maybe you can move forward. Compromise - Instead of buying the newest/top of the line version of X, look at used models and lower end versions. Research - This is the part I really enjoy. We set a budget and I s...
by Regattamom
Mon Apr 22, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: First Time Home Buyer Affordability Question
Replies: 19
Views: 1545

Re: First Time Home Buyer Affordability Question

Yes, you can afford it. You may want to build up your emergency fund a little more though before purchasing. Edit to add: FWIW, if you are planning to go thru with this in the next couple months it is the worst time to be househunting (trying to negotiate a good price) Spring is the time when all th...
by Regattamom
Tue Apr 16, 2019 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Household budget, savings, retirement, and Home Equity question
Replies: 23
Views: 2356

Re: Household budget, savings, retirement, and Home Equity question

1. Refinancing - I am leaning towards a 20 year loan ... Is this a good idea? In my opinion, no. You should lean towards a 30 year loan. Rates aren't significantly different and you need the cash now. Nothing prevents you from paying it at a 15 (or even 10) year rate when more cash is available, bu...
by Regattamom
Tue Apr 16, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 13572

Re: Job Offer Evaluation - FANG

Most people seem to be excited about the money and I get that it's a lot more. But you get 30 days PTO a year with your current job! That's huge! Along with the maternity leave (especially if you are thinking about having kids) and a pension. It sounds like your current employer is attempting to he...
by Regattamom
Tue Apr 16, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 114
Views: 13572

Re: Job Offer Evaluation - FANG

Most people seem to be excited about the money and I get that it's a lot more. But you get 30 days PTO a year with your current job! That's huge! Along with the maternity leave (especially if you are thinking about having kids) and a pension. It sounds like your current employer is attempting to hel...
by Regattamom
Mon Apr 15, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Determining Cost of Living
Replies: 21
Views: 841

Re: Determining Cost of Living

The calculators above allow you to compare one city to another, which is helpful. But I found this list of cities ranked by their cost of living index, which I really like. https://www.numbeo.com/cost-of-living/region_rankings.jsp?title=2018®ion=021 This would put me in a HCOL. But like any city,...
by Regattamom
Mon Apr 15, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Determining Cost of Living
Replies: 21
Views: 841

Re: Determining Cost of Living

Hi there, I see a lot of posts with references to VHCOL, HCOL, LCOL, etc. Is there a reference that most people are using to determine the cost of living? Or is this mostly self determined? The reason I ask is because it seems that a lot of people say they are in a VHCOL or HCOL. And I wonder if it...
by Regattamom
Mon Apr 15, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Determining Cost of Living
Replies: 21
Views: 841

Re: Determining Cost of Living

RollTide31457 wrote:
Mon Apr 15, 2019 12:06 pm
Usually target non-urban areas with real estate in the $100 per sq ft or so range. These also are usually high quality of life areas in terms of family values.
Family values are subjective.
by Regattamom
Mon Apr 15, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Determining Cost of Living
Replies: 21
Views: 841

Re: Determining Cost of Living

OP, I live in a $200 per square feet housing area. Folks can use this number to decide where it falls in term VHCOL, HCOL, and so on. I think that is a better and more accurate description of COL than anything else. KlangFool But could you choose to live a less expensive per square foot home in the...
by Regattamom
Mon Apr 15, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Determining Cost of Living
Replies: 21
Views: 841

Determining Cost of Living

Hi there, I see a lot of posts with references to VHCOL, HCOL, LCOL, etc. Is there a reference that most people are using to determine the cost of living? Or is this mostly self determined? The reason I ask is because it seems that a lot of people say they are in a VHCOL or HCOL. And I wonder if it ...
by Regattamom
Sat Apr 13, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid throwing money at problems?
Replies: 62
Views: 4456

Re: How to avoid throwing money at problems?

You get to choose how you live. One of the basic tradeoffs in life is time versus money. I’d suggest you do a review of how you’d set up your lives if you could start from scratch with just the two of you and the baby to worry about. No dogs, no 20 acres, no 60 hours/week jobs. That might give you ...
by Regattamom
Sat Apr 13, 2019 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How to avoid throwing money at problems?
Replies: 62
Views: 4456

Re: How to avoid throwing money at problems?

Do you and your spouse want to work 60 hours per week each with an infant? Even without the acreage, dogs, and car issues, that would be hard for most couples.
by Regattamom
Thu Mar 28, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 12428

Re: Is our household budget crazy?

Your food budget is really high, as you know. But if it does include diapers, paper towels, toilet paper, etc. it's not as high as it seems. Your eating out budget is crazy high, but you can afford it. I break down my receipts from Costco and the grocery store. I have a category strictly for groceri...
by Regattamom
Tue Mar 26, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: High School Senior Pictures
Replies: 91
Views: 4966

Re: High School Senior Pictures

I paid for professional photos when my first child graduated and I am glad I did. We love the photos and have a montage of them framed. I will gladly do it again for my second child.

*Edited. Posted originally in aggravation.
by Regattamom
Mon Mar 25, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 9303

Re: I would like a boat. I also know nothing about boats

Slightly used 17 foot Boston Whaler that has been checked out by a boat professional/appraiser/etc. Quality Reputation Flotation Hull, always floats: Safety. Incredible resale value Large enough to be safe and stable. Small enough to be easily docked and handled by 1 or 2 people. Not sure how large...
by Regattamom
Sun Mar 17, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: Calling Volvo and Audi owners! Reliabilty questions
Replies: 61
Views: 4134

Re: Calling Volvo and Audi owners! Reliabilty questions

I've owned two Volvos. I bought both a year old with about 15k miles on them. 2005 Volvo S60 - Gave to my oldest child about two and half years ago. Currently has about 180k miles on it and is going strong. 2015.5 Volvo XC60 6 cylinder - has about 40k miles on it. Both are great cars and have only n...
by Regattamom
Sun Mar 10, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

Thanks to everyone for their replies. My husband also read through them and appreciates the insight. We go back and forth regarding monohull or catamaran. If it was just him on the boat, he would definitely prefer a monohull. We both have a crush on a Tartan 4300. It's hard to ignore how beautiful a...
by Regattamom
Sat Mar 09, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Budget help
Replies: 54
Views: 3165

Re: Budget help

duplicate
by Regattamom
Sat Mar 09, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Budget help
Replies: 54
Views: 3165

Re: Budget help

How old are your kids? Childcare is a lot and as the kids get older, that will free up some money. But then they get their driver's license, play sports, go to homecoming, prom, Sadie's dances, want to go skiing, like nice clothes, want a car... Oh wait... Yes, there will be costs as the kids get o...
by Regattamom
Sat Mar 09, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Budget help
Replies: 54
Views: 3165

Re: Budget help

How old are your kids? Childcare is a lot and as the kids get older, that will free up some money. But then they get their driver's license, play sports, go to homecoming, prom, Sadie's dances, want to go skiing, like nice clothes, want a car... Oh wait... Yes, there will be costs as the kids get o...
by Regattamom
Fri Mar 08, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Budget help
Replies: 54
Views: 3165

Re: Budget help

How old are your kids? Childcare is a lot and as the kids get older, that will free up some money.

But then they get their driver's license, play sports, go to homecoming, prom, Sadie's dances, want to go skiing, like nice clothes, want a car...
Oh wait...
by Regattamom
Fri Mar 08, 2019 12:14 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7889

Re: attacked by off-leash dog

Why is a friendly dog a big problem? Serious question. Because I don't know that your dog is in fact friendly, and even if it is, I don't want its slobber all over me. :D The answer is "Because there really is not such thing as a 'friendly dog'". They are animals - might be friendly one minute and ...
by Regattamom
Fri Mar 08, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7889

Re: attacked by off-leash dog

Why is a friendly dog a big problem? Serious question. Because I don't know that your dog is in fact friendly, and even if it is, I don't want its slobber all over me. :D The answer is "Because there really is not such thing as a 'friendly dog'". They are animals - might be friendly one minute and ...
by Regattamom
Fri Mar 08, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7889

Re: attacked by off-leash dog

Respectfully, this may make sense in your environment, but I have literally thousands of square miles of national forest close at hand, with no requirement to leash my dog, and I'm having trouble understanding your claim that it's "never ok". Are you sure about there not being a leash law in a Nati...
by Regattamom
Fri Mar 08, 2019 11:52 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7889

Re: attacked by off-leash dog

I guess I'm just a dog person. I've NEVER had a dog not like me. I've also NEVER seen a person attacked by a dog. I've seen people be extremely scared of dogs, even little 10 lb dogs. But they're never attacked. But this is an interesting thread. It's good to read the other perspectives. People see...
by Regattamom
Fri Mar 08, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

goblue100 wrote:
Fri Mar 08, 2019 11:05 am
smitcat wrote:
Fri Mar 08, 2019 10:54 am
AH - I did not pick that up thanks.
My fault, I derailed the thread with my own dream. Sorry OP.
Ha! There's room here for all our dreams! :happy
by Regattamom
Fri Mar 08, 2019 10:47 am
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

^^ I've read of others doing the loop as you describe, a piece at a time. I will point out the OP's husband is looking at a circumnavigation, not the great loop. Yes, while the Great Loop sounds amazing, it's not on our radar. (We live in the PNW.) We own a 30ft monohull and moor it locally and whi...
by Regattamom
Fri Mar 08, 2019 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Need advice on where to park house down payment money
Replies: 21
Views: 1677

Re: Need advice on where to park house down payment money

We're parking money we won't need for a few years in a Vanguard Prime Money Market. What yield are you getting on your CD and Savings?
by Regattamom
Thu Mar 07, 2019 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Moral Support
Replies: 19
Views: 1813

Re: Spending Moral Support

Have you budgeted for healthcare?

Edit: I guess I am confused. Are you asking if you can spend $20k or retire now?
by Regattamom
Thu Mar 07, 2019 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 11225

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

Your parents are doing amazing compared to mine! I think the best thing you can do is make a plan for how much you are willing to help out when things fall apart because they are not going to change their ways now. But they may not fall apart. And your dad may not have a lengthy stay in a nursing ho...
by Regattamom
Thu Mar 07, 2019 10:08 pm
Forum: Personal Consumer Issues
Topic: Diminished value claim advice
Replies: 41
Views: 2268

Re: Diminished value claim advice

I also should note that I do not own a diminished value appraisal company and will not financially profit personally from anything I have said in this thread. At least one of the posters above owns such a company, and has posted here several times to encourage folks to use his company. Which poster...
by Regattamom
Thu Mar 07, 2019 7:43 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

I helped a friend take a 50 ft. powerboat from Boston down to Florida a few years ago (I'm 57). I was struck by all the people I saw on that trip in their 60's and 70's -- several of them guys alone or with a buddy. (if alone they weren't sailing!) Anyway, what struck me is how many people wait unt...
by Regattamom
Thu Mar 07, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

My DH and I met in college 40 years ago and have had boats most of our adult life. Many of our friends are ⛵️. We enjoy the comradery and sense of adventure that people in this community enjoy. We cruised with friends when our kids were young and spent many fun filled years doing the opti/laser cir...
by Regattamom
Thu Mar 07, 2019 7:38 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

Part of boating involves insurance. And insurance companies tend to prefer experience. They, also, dislike large size jumps, so much over a four foot size increase will be questioned. Of course, your greographic boating range and the age of the boat become issues. Work boating into your life in a s...
by Regattamom
Tue Mar 05, 2019 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Accounting for a third car?
Replies: 18
Views: 1252

Re: Accounting for a third car?

If it's not a financial burden, and you can get your wife to agree, I say go for it. You only live once. My husband has several "toys" and I'm happy he does. He works hards and he should have some things that he enjoys. But, my husband is meticulous and takes care of everything and it is all in work...
by Regattamom
Mon Mar 04, 2019 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a more expensive home? And is it wise?
Replies: 35
Views: 2645

Re: Can we afford a more expensive home? And is it wise?

You say you'll have $1,250 left over at the end of the month and you also say you want kids. Once you have kids, you can say goodbye to the extra $1,250 per month. Seriously, look at the cost of daycare. Or, if one of you decides to stay home, your income will be reduced. I would stay where you are ...
by Regattamom
Mon Mar 04, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Value of Vacation Experiences with Big Fam & Young Kids
Replies: 75
Views: 4621

Re: Value of Vacation Experiences with Big Fam & Young Kids

As a couple, we haven't slept anywhere overnight since our honeymoon and we've since had three young children approximately two years apart. I'm all for family vacations, but maybe you and your spouse should have some time alone first? It's easy to get locked in to being full time parents and to lo...
by Regattamom
Mon Mar 04, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

I think the point to all of this discussion is to point out that college costs for many of us who started planning 18+ years ago have turned out to be much higher then we anticipated. Yes the published rates are correct, and do include some bloat for health insurance and transportation. However I a...
by Regattamom
Mon Mar 04, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

My Family and I are on year 4 of our 5 year plan to set off. The cruising kitty is topped, we are just finishing the last bit of savings and investing for the boat. We are planning on a 40-43 ft catamaran. We have sailed both 40 foot monos, and recently 44 ft catamaran, and they are different and b...
by Regattamom
Mon Mar 04, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

My husband and I are thinking about living aboard a sailboat (probably a catamaran) when he retires. All of this is just speculating/dreaming right now. The plan is for him to retire in 15 years at 62. Our house should be paid off in 3-4 years and we have no debt. We won't receive SS, but we will r...
by Regattamom
Mon Mar 04, 2019 3:21 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

I can highly recommend "Living A Dream", by Suzanne Giesemann. If you can't find it, send me a PM and I'll send/lend you my copy. DW encouraged me to follow my dream of full-time cruising and liveaboarding about 10 years ago. We bought a large trawler, learned to cruise but really never had the tim...
by Regattamom
Mon Mar 04, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

While it may not be helpful, it is the reality. I don't have an answer to the costs. I am not the one that sets the costs. I did overstate the cost of college a bit. It's more like $115k for 4 years of education or $140k for 5 years (which a lot of students do these days). However, $110k today come...
by Regattamom
Mon Mar 04, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

I am concerned, that while you mean well, trying to use credit card rewards programs to pay for college won't result in what you're hoping for. College today in my state costs around $160,000 for a 4 year university education. It will probably cost about $250,000 to $300,000 by the time my oldest g...
by Regattamom
Mon Mar 04, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

if she wants something more expensive (and honestly unnecessary) then she can pay for it with student loans. No, she can't. I read this a lot from people, but it isn't true. You can take out loans, she'll be limited to $5500 her freshman year, maybe a little more if the minimums get raised. She can...
by Regattamom
Mon Mar 04, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

It is BYU, which (correct) is twice the cost for non-LDS students ($11k/yr for tuition).The other is UVU which is public and actually has many programs that are better, particularly the hard sciences. I'm LDS, but having taught at both schools and with a wife currently a UVU student, I actually pre...
by Regattamom
Mon Mar 04, 2019 1:19 am
Forum: Personal Finance (Not Investing)
Topic: How To Buy Another Home Before Selling Your First?
Replies: 19
Views: 2114

Re: How To Buy Another Home Before Selling Your First?

Sell, rent, buy. It's not the most convenient, but it's the best financial option, in my opinion. You can always make a contingent offer, but that weakens your position as a buyer. I fail to see how "sell, rent, buy" is the best financial option. IMO, the best one is: buy, then sell. But that requi...
by Regattamom
Mon Mar 04, 2019 12:07 am
Forum: Personal Finance (Not Investing)
Topic: SIL needs help. Car totaled, still owes $10k. Any way out?
Replies: 70
Views: 5274

Re: SIL needs help. Car totaled, still owes $10k. Any way out?

If the debt is actually more than a couple thousand dollars and anywhere near 10k, then I'd make an offer of about 5-10 cents on the dollar to settle the deficiency balance and if they won't accept, tell them to go to hell. Their debt is now unsecured, they have nothing to repossess since the car d...
by Regattamom
Sun Mar 03, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5693

Re: College Savings - Are we going about this the wrong way?

The two universities within bike riding distance of my front door are ~$6500/yr for tuition, books, and fees. Total with living expenses is $12k/yr, but with two little sisters and almost my entire staff having done it debt-free cash-flowing it themselves in the last 5yrs, I know it can be done eve...
by Regattamom
Sun Mar 03, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 5124

Re: Any liveaboards here?

Sailaway, do you plan on living aboard in your retirement years? What issues do you see as a senior citizen living aboard? It seems a cat would be easier to live on than a monohull as we age. I am 46, so take what I say about what I will do as a senior citizen with a grain of salt. On the other han...
by Regattamom
Sun Mar 03, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: How To Buy Another Home Before Selling Your First?
Replies: 19
Views: 2114

Re: How To Buy Another Home Before Selling Your First?

And no, you can't use "proof" of what you will make when you sell your home. What would that even look like?