Search found 229 matches

by frugalmama
Fri Dec 14, 2018 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5955

Re: Forgoing health insurance

In my area virtually any kind of accident/injury/illness that requires overnight hospitalization will end up with a bill of $100K at "rack" rates for the services (room/board/doctors/surgery/etc) rendered. An overnight stay costs over $100k? Our daughter's eight week stay in our local NICU averaged...
by frugalmama
Fri Dec 14, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 174216

Re: What frugal thing did you do today?

I bought over 30 pounds of meat for around $45. Pork shoulder 99 cents/lb, boneless skinless chicken thighs $1.79/lb, boneless beef short ribs $2.99/lb. I bought 3 huge pork shoulders. I've got a lot of things I make with them that are really good (carnitas, pulled pork, pork mole, porchetta, smoke...
by frugalmama
Fri Dec 14, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 3268

Re: Is it difficult to change a baby's legal name?

We had to make a change to the actual birth certificate - hospital mistake - and it was a huge issue for us even though in the end, the hospital paid all the legal fees, etc. to make the change. One of my kids had several typos on the birth certificate, but I refused to sign off on it until they re...
by frugalmama
Fri Dec 14, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to change a baby's legal name?
Replies: 70
Views: 3268

Re: Is it difficult to change a baby's legal name?

I'd pick a name and stick with it, before you end up with more legal documents with original name that will need to be constantly explained why different name now (birth cert, ss #, possibly passport). +1 We had to make a change to the actual birth certificate - hospital mistake - and it was a huge...
by frugalmama
Fri Dec 14, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing pension when considering alternate job
Replies: 6
Views: 527

Re: Valuing pension when considering alternate job

Well, I'm not all that familiar with government pensions as a whole despite having a specific pension myself so I'm not sure how yours works. However, if your SO is vested, you need to calculate the fact that the vested portion is your SO's....whatever that PV is at the time of termination and then,...
by frugalmama
Fri Dec 14, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 264
Views: 23827

Re: Favorite Purchase of 2018?

After 18 years, a new mattress: https://www.samsclub.com/sams/13-night- ... roduct_1_2

We are sleeping much better and for a price my pocket book liked.
by frugalmama
Thu Dec 13, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 80
Views: 7554

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

I think their explanation is deceiving. No matter what, we use POM at Sam's. While it definitely is closer to sandpaper than some other brands, it seems to be the most economical and I prefer thinner since the kids stick gobs and gobs down the toilet anyway....it is easier to unclog.
by frugalmama
Thu Dec 13, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 25321

Re: What percentage of your net worth is your home equity?

about 20% I don't think we will live here forever and if I wanted to live in a smaller, less expensive house, I could, so the home is definitely part of my net worth.
by frugalmama
Thu Dec 13, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1682

Re: Do our savings rate habits change as we get older?

I guess I am wondering generally if folks generally stay in the same financial habits from the time they are in their 20's through to retirement? For instance, I am in my 20's and currently save over 20% of my income every month, and hope to increase this over time. If others my age are saving 3% r...
by frugalmama
Wed Dec 12, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?
Replies: 49
Views: 4861

Re: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?

Teachers here (among other titles). We go on long trips every summer 25-40 days. We've been through many parts of Canada, most of the US, parts of Europe...we don't do long backpacking trips only because we have small children but we RV or camp the entire way. We go almost every year. We plan to do ...
by frugalmama
Mon Dec 10, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 18434

Re: Too Much Savings Regret

I am an ultra-aggressive saver, and honestly I sometimes regret getting married and having kids because it slowed down my saving. I think that is interesting, especially because I am also an ultra-aggressive saver but have a ton of kids (who are very expensive, so I understand as they cost a ton, L...
by frugalmama
Fri Nov 30, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 18434

Re: Too Much Savings Regret

I am an ultra-aggressive saver, and honestly I sometimes regret getting married and having kids because it slowed down my saving. I think that is interesting, especially because I am also an ultra-aggressive saver but have a ton of kids (who are very expensive, so I understand as they cost a ton, L...
by frugalmama
Fri Nov 30, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 18434

Re: Too Much Savings Regret

I think it all depends where your priorities are. If you put your money where your priorities are, you will have no regrets. For us, we make a lot of sacrifices so we can work jobs we love, paying our kids' education is important to us, and we love to travel. However, our priorities are in that orde...
by frugalmama
Fri Nov 30, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting strategies
Replies: 21
Views: 2559

Re: Budgeting strategies

The purpose of a budget in my view is to know where your money is going. We are on a tight budget...we are very very frugal...and we don't make the same amount each month so that complicates things. However, I have been a budgeter since I became an adult and so I look at historical data when I budge...
by frugalmama
Mon Nov 26, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Best budget spreadsheet?
Replies: 36
Views: 5007

Re: Best budget spreadsheet?

I manually enter into YNAB. It tells me how much I have left in my budget and enter in transactions daily. I think that whatever mode you go, the more frequently you enter in the transactions and look at your balances, the more likely you are to hit your target...I don't think it is whether you are ...
by frugalmama
Mon Nov 26, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 71434

Re: Name something you had to have and now you regret purchasing it?

A personal trainer...I do better working out myself and didn't really enjoy it.

An expensive couch (living room set)...kids destroy everything. Since then we only do free ones!
by frugalmama
Mon Nov 26, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Broken Sewer pipe - $10,000-$20,000 to fix
Replies: 58
Views: 6603

Re: Broken Sewer pipe - $10,000 to fix

I didn't have it happen with the sewer line but it happened with our main water line into the house. The major cost was getting to the line...the actual repair of the pipe cost less than $20. We had to dig a 6 foot deep hole at the leak site although we had to find it first which can be difficult. I...
by frugalmama
Wed Nov 07, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 123
Views: 20603

Re: Are we in trouble?

Yes we lowered the price twice. originally listed at 799K ...lowerd it to 775K and now 750K. Since texas is a no state tax state we felt comfortable with the higher mtg. I just do not want to make decisions when i am feeling so upset and make things worse and hence looking for some outside perspect...
by frugalmama
Wed Nov 07, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Baby Due in Februrary - High Deductible Plan or High Premium Plan
Replies: 13
Views: 778

Re: Baby Due in Februrary - High Deductible Plan or High Premium Plan

We are also due in FEbruary with baby #2, we are going to choose the insurance plan by looking at the monthly premium and assuming we will hit the Out of Pocket max for FAMILY coverage. They way I understand it and I could be wrong, but once baby is born, all of their treatments are separate from t...
by frugalmama
Wed Nov 07, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Baby Due in Februrary - High Deductible Plan or High Premium Plan
Replies: 13
Views: 778

Re: Baby Due in Februrary - High Deductible Plan or High Premium Plan

Honestly, no one can answer that for you. It depends on which doctors you use, how often you go, and if your child has any medical issues when born,how much your employer pays (so your OOP for each plan) etc. You must run your specific numbers as we are a family of 12 and we STILL come out better wi...
by frugalmama
Fri Oct 12, 2018 10:33 pm
Forum: Personal Investments
Topic: Newbie investment help
Replies: 14
Views: 1359

Re: Newbie investment help

I just made my first investment at the age of 26, I bought several VTIs. I plan to invest long term for 10 years or so. Congratulations on your first investment! You've received some great advice here. Can I ask why you are only talking 10 years for this investment? 10 years isn't actually that lon...
by frugalmama
Fri Oct 12, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 10588

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

A sports official can easily net that on a part time basis...I do well over that currently. I think working for any organization that I'm already heavily involved in - such as a church or not for profit. I currently put in quite a bit of time at my church and am paid for it and love it. I could also...
by frugalmama
Fri Oct 12, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 10588

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Part time or full time, whichever tickles your fancy. Also it doesn’t necessarily have to earn $1000/month. It could be more or less, as long as it’s not zero. Personally, I think I would enjoy being a teacher, but haven’t really thought about this in depth, so I figured I’d ask all of you :) Depen...
by frugalmama
Fri Oct 12, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 10588

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Rather than try to drop into a new job at 55-65, which is more difficult than some might think (to just become a teacher suddenly, for example, as if it were the kind of job just anyone can do on a whim) Actually, my spouse works with a lot of teachers who have switched from other careers at 55 or ...
by frugalmama
Fri Oct 12, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 7984

Re: Market decline in 2019 ?

No. I'm invested for the long haul. I've never sold before and have no plans to now.
by frugalmama
Thu Oct 11, 2018 4:36 pm
Forum: Personal Investments
Topic: What did you buy today
Replies: 119
Views: 10250

Re: What did you buy today

lots of groceries. I plan to eventually put some extra cash into stocks but not quite yet.
by frugalmama
Tue Oct 09, 2018 8:50 pm
Forum: Investing - Theory, News & General
Topic: What tools do you use to track your finances?
Replies: 80
Views: 7492

Re: What tools do you use to track your finances?

YNAB classic version. I reconcile my credit accounts and bank accounts several times a month. However, I update investment accounts once a month in there. We are on a pretty strict budget but we really only spend what we need so I don't get super concerned about the specific transactions.
by frugalmama
Fri Sep 21, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: True cost of a [dental] implant
Replies: 71
Views: 12806

Re: True cost of a [dental] implant

Would a dental implant for an upper canine be similar in price or different?
by frugalmama
Tue Sep 18, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 4006

Re: Does this job exist (another want-to-quit-corporate-world thread)?

Something that revolves around the school schedule is your best bet in my opinion for the time off. Could be a teacher but that isn't outside. Maybe something to do with extra curricular activities with kids combined with something else like bus driver? Maybe a sports referee (you'd be working every...
by frugalmama
Tue Sep 18, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 6089

Re: 38% pay cut for dream job?

You have invested quite a bit of time into this potential change and seem to know what it entails. I think you should do it. Otherwise you will always wonder "what if". You have only one life. We made a change on our way to FI...we went to 1/3 of our income for a dream job. We have never looked back...
by frugalmama
Thu Sep 13, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Do you use social media to enhance your travel experience?
Replies: 66
Views: 3666

Re: Do you use social media to enhance your travel experience?

I am a photo nut also and my blogs allow me to share my photos. We travel for the journey and experience, not the destination. What a great story about the camera! You guys look like you like to travel similar to us. While I am pretty private myself, I love reading other people's blogs so I have bo...
by frugalmama
Thu Sep 13, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: Do you use social media to enhance your travel experience?
Replies: 66
Views: 3666

Re: Do you use social media to enhance your travel experience?

(1) How do you feel about your travel experience AFTER the travels? On the way home we are always discussing our next adventure, etc. We love to travel and usually go between 1-5 weeks several times a year. When we travel for 5 weeks we are definitely ready to get back as there are 12 of us and that...
by frugalmama
Wed Sep 12, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 11767

Re: Massive Student Loan Debt - Fiancee

I love this woman, but she doesn't seem to comprehend the gravity of the situation. I love her, but I agonize about our future. I would not marry her until 1) you are certain she understands the gravity of the situation and 2) you are no longer agonizing. And that will be once you have come to a me...
by frugalmama
Sat Sep 08, 2018 7:58 pm
Forum: Personal Investments
Topic: home and vehicle insurance quotes
Replies: 3
Views: 443

Re: home and vehicle insurance quotes

I had Geico a few years back and I thought they were OK. I never had a problem with them but I only ever had to file 1 claim...and of course you don't really know about an insurance company until you've had to file a claim. They were better than my current provider. I have been on the other side whe...
by frugalmama
Sat Sep 08, 2018 7:46 pm
Forum: Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8946

Re: Scaring the Old Folks

Sitting home and watching fox news is pretty darn cheap:) So is not buying any new clothes:) Obviously my biggest savings from retiring is no longer saving 25-40% of my income. The huge tax decrease (i.e. no SS, LTGC with cost basis) is going to be around another 20% savings. Thats a lot of golf, t...
by frugalmama
Sat Sep 08, 2018 1:45 pm
Forum: Personal Investments
Topic: Scaring the Old Folks
Replies: 71
Views: 8946

Re: Scaring the Old Folks

We hardly ate out while working as we'd get home at different times and had kid/school/community activities to do in the evenings. Now that we're retired we eat out more than 3 times a week, partly due to doing more walking. Our neighborhood is surrounded by eateries and shopping and they are reaso...
by frugalmama
Wed Aug 29, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11671

Re: How do you save money on groceries?

Any additional money saving ideas for grocery shopping? The American Express Blue Everyday card has a 3% rebate at supermarkets and it does not have an annual fee. You need to check the statement since some supermarkets are not coded as "supermarkets" in the credit card system since they sell other...
by frugalmama
Wed Aug 29, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11671

Re: How do you save money on groceries?

For example, I like seltzer water. It's more expensive at Costco because I have to buy a name brand instead of a generic at the grocery store. OP, there you go,that is one of the items increasing your grocery bill.Air and water should be free.If you can list most of the items in your grocery list t...
by frugalmama
Wed Aug 29, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11671

Re: How do you save money on groceries?

Interestingly, some things a Costco aren't cheaper than my grocery store. I did price comparisons by weight and volume of items I commonly buy. Some things are cheaper, but a lot is the same price or, in some cases, actually a little more expensive. What items did you find expensive at costco? I fi...
by frugalmama
Wed Aug 29, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11671

Re: How do you save money on groceries?

As the meat thing... since it seems to be a hot topic in this thread. It's like I said, my daughter is vegetarian so I buy very little meat at all. We eat mainly beans, nuts, and eggs for protein but she also likes those Morning star products. I am hit or miss with them. What meat I buy is just for...
by frugalmama
Wed Aug 29, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11671

Re: How do you save money on groceries?

I get it. I was feeding my family of 12 on $600 a month and now I'm closer to $800... some months am close to $1200. That includes anything you buy at a grocery store. I live in a LCOL area but we travel to HCOL areas often and I used to work in the grocery business so I have a good idea of how stor...
by frugalmama
Tue Aug 28, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 13787

Re: How do you 7 figure guys organize multiple accounts?

I agree that you don't have to be a 7 figure guy to have this problem :).

I log in once a month and record the transactions and rebalance as the balances get outside my margin. I record them in YNAB...but it is the old school version, not the cloud version.
by frugalmama
Wed Aug 22, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 11911

Re: I own 1,387 items!

I have thousands of items, definitely more than most families, but I have 12 people in my family. So, it is not really comparable. I could get rid of some stuff and I regularly purge. However, I think the number of items you need/have in your life tend to function as to 1)what stage of life you are ...
by frugalmama
Mon Aug 20, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else seen huge rise in TX insurance costs?
Replies: 27
Views: 2248

Re: Anyone else seen huge rise in TX insurance costs?

Dallas area: Both our homeowners and auto went up by quite a bit (extra $60 a month) despite no violations. I was told it was because of the DFW storms and damage in Houston. We shopped around but I couldn't find anyone cheaper with keeping the same coverage. DFW had quite a few hail storms in the l...
by frugalmama
Mon Aug 20, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 13958

Re: Excessive Emergency Room Charges - Options?

I recommend you pay it as I think it will come back to haunt you if you don't. I was in the ER twice earlier this year and I think your bill is pretty normal for an ER bill. Also, be prepared that you just received the hospital portion. You will most likely receive a bill from every doctor who parti...
by frugalmama
Mon Aug 13, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3789

Re: Is your monthly expense really that stable or in reality, pretty volatile?

My monthly expenses are not very stable, but the amount that I budget monthly towards those expenses is. What is really unstable is our income . I am a YNAB fan so I employ zero-based budgeting. We are frugal by nature so I don't think we need a budget to keep from going into debt, but we need a bud...
by frugalmama
Sun Aug 12, 2018 12:55 am
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 5835

Re: How often do you check your brokerage accounts

I'm a little OCD...I check my main accounts - Vanguard, credit card, and checking daily. I know that I should receive an email when there is activity, but I don't entirely trust that I will and I actually really enjoy checking them (whether they go up or down). I don't rebalance, etc. except 1x a ye...
by frugalmama
Fri Aug 03, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: 3 Levels of Wealth
Replies: 125
Views: 12821

Re: 3 Levels of Wealth

I disagree. Saving $3 on a latte will take me 40 years to translate into wealth. We only have so much mental energy. Being cheap and frugal is not an efficient (if it's even possible) way to do so. Hopefully you can understand that some of us would expend more mental energy deciding upon a $3 latte...
by frugalmama
Fri Aug 03, 2018 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Home is *just* outside flood zone - how much flood insurance do I buy?
Replies: 50
Views: 3468

Re: Home is *just* outside flood zone - how much flood insurance do I buy?

Flooding from Harvey was due to an enormous amount of rainfall far in excess of the 100-year storm. It had little to do with development. What? If the land developed by building homes on it is designated as the dry part of a reservoir waiting for a flood, then it has everything to do with developme...
by frugalmama
Wed Aug 01, 2018 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7908

Re: Are Credit Cards Actually Convenient?

For those who've been asking, I have strong credit, no accounts overdue, and am nowhere near my credit limits on any of my cards. I do have one card that has had two fraudulent charges in the last two years. But strangely, this is the only card that I've never had declined. I recently had a similar...