Learned'd VIII: Less Bewbs, Same Nonsense

[Kompresshun]

My father in law commutes about an hour too. Long commutes are common there and a lot of people use the transit system there instead. It's actually much worse to work there than in Atlanta in my opinion, because at least in Atlanta it is possible to live close to work, most people just choose not to.

VA vehicle laws suck a** too. They're VERY VERY strict. My father in laws Acura 3.2TL wouldn't pass inspection due to some minor crap last year. Had to spend $1,200 fixing it just to pass. Nope, no thanks again.

Once Kristen finishes school she'll be raking in nearly $100k/yr on her own. I will be very happy when that day arrives, but I hope i'm making more by then as well.

[frapjap]

Actaully, its not that expensive, but its more because I'm used to unnecessarily inflated prices. Still, New England is much preferred to Virginia. Sucks about your in-laws Acura. I wonder if they fail some something as simple as worn bushings on your ball joints or sway bars. Hopefully she starts to rake that in and you guys can be really comfy and you get a loud machine to take up residence in your garage.

[Kompresshun]

I've lived in the Southeast all of my life, so I don't put up with insane living expenses unless I REALLY LOVE the area.

Once we get our debt paid off we'll be pretty comfortable anyways, but factor in her new salary and we'll be doing really well. Of course as the kid grows up and when/if we have another, that will eat up some of that extra salary too.

I am trying to do everything I can to get something fast and loud soon, but we've gotta get the house thing out of the way first. I'm trying to push her to let me buy something after we move, but it just depends on how much money we clear after moving.

[frapjap]

Hopefully you find some good equity in your current home and don't end up taking a bath.
Those chillens will definitely start to eat up your salaries, especially when it comes to college time. That's one very unfriendly expense. A friend of mine has 3 within a year of each other. I give her and her husband a hard time once in a while saying, "you knooooooow, every time you buy a 12 pack or a bottle you could put it in the college funds." He usually responds with, "If I don't drink this now, they won't live to make it into college."

[WDRacing]

We put 50 bucks a paycheck, per kid, in the bank for college. That's just over 43000 for college per kid. It's a lot easier if you start early.

[IBCoupe]

We put 50 bucks a paycheck, per kid, in the bank for college. That's just over 43000 for college per kid. It's a lot easier if you start early.

What kind of interest are you getting on it? I assume you're using 3-year CDs or something?

[WDRacing]

My bad dude, that's 43000 total without interest. Not per kid...waterhead moment.

[IBCoupe]

Better than nothing, but if you're planning to save it for college, you should probably put it in something other than a Savings account. With a 5-year CD, it looks like you can get up to 2% interest on it, which, while better than your savings account, is still crappy. Maybe invest it in bonds or something.

[Bubba1]

Better than nothing, but if you're planning to save it for college, you should probably put it in something other than a Savings account. With a 5-year CD, it looks like you can get up to 2% interest on it, which, while better than your savings account, is still crappy. Maybe invest it in bonds or something.

This ^. If you think college is expensive now, think about what it'll be when your kid(s) graduate high school. It ain't gonna be cheaper, trust me. We began saving literally when we discovered my wife was pregnant, using a moderate risk but not too aggressive mutual fund, then eventually rolling it into a 529 version when they became available. I can tell you from experience, the earlier you start saving, and sticking with it like a car payment, the far better off you'll be when you kid graduates high school.

[WDRacing]

I agree 100%. The money I have going out into a savings account is more of an emergency fund for the kids. Something we have access too without any hassle or fee's. We also invest monthly in a pretty wide array of things. Some high risk, some low and I like to buy physical precious metals as well.

Those investments aren't labeled for the kids per se, but we all know where that money will be going.

As far as 529's go, I had done some reading on them awhile back but honestly just forgot about them. I probably should start building one up. I like the idea of no taxes AND a tax deduction.

[frapjap]

Morning fellas. The Miata has suspension. Now the tires need to be put back on and the sway bar re connected. After I get the stupid broken bolt out of the end link. Any suggestions?

[frapjap]

Cool stuff for the day:






Annnnnd, Brian when he moves to PA.

[frapjap]

LMAO. check out this ad

http://fresno.craigslist.org/bar/4002096142.html

The last line is the kicker!

[sx moneypit]

[Hijacker]

LMAO. check out this ad

http://fresno.craigslist.org/bar/4002096142.html

The last line is the kicker!

Stay classy craigslist.

[nissangirl74]

This ^. If you think college is expensive now, think about what it'll be when your kid(s) graduate high school. It ain't gonna be cheaper, trust me. We began saving literally when we discovered my wife was pregnant, using a moderate risk but not too aggressive mutual fund, then eventually rolling it into a 529 version when they became available. I can tell you from experience, the earlier you start saving, and sticking with it like a car payment, the far better off you'll be when you kid graduates high school.

Believe it or not, as academic as Greg and I both were/are, none of our kids are really gung-ho about going to college. There is money put aside for them to do it if they want but there isn't much interest. Hunter is working for the state now. Dar wants to be a pilot. Priss wants to work with animals and special needs kids. Saraya wants to be a party-planner. Hunter has his GI bill and Dar, Priss, and Saraya have all said that if they decide to go to college that they would rather pay their own way. I guess something sunk in when we told them about working for what you have vs standing around with your hand held out.

[xckid]

[MinisterofDOOM]

Believe it or not, as academic as Greg and I both were/are, none of our kids are really gung-ho about going to college. There is money put aside for them to do it if they want but there isn't much interest. Hunter is working for the state now. Dar wants to be a pilot. Priss wants to work with animals and special needs kids. Saraya wants to be a party-planner. Hunter has his GI bill and Dar, Priss, and Saraya have all said that if they decide to go to college that they would rather pay their own way. I guess something sunk in when we told them about working for what you have vs standing around with your hand held out.

I think the last part is the key. If you start working when you're younger, you're more likely to find yourself faced with a choice between school or a career. I think with the cost of school and the fear that even WITH a degree of some kind, there won't be any jobs anyway, the existing career is starting to feel far more appealing than school.

[xekushnr]

Well hi everybody!

[Dattebayo]

You seem to only pop up every 2 years or so...

[frapjap]

Morning fellas, hope ya'll had a good weekend.

Anyone ever seen or heard of a Trojan?
I've never seen or heard of this model. Check it out!

http://boston.craigslist.org/gbs/cto/3995308606.html

[float_6969]

LOL, I read Trojan at first. Took me a sec to figure it out. Anyway, I've never seen one. It looks pretty cool.

[TurboSauce]

LOL, I read Trojan at first. Took me a sec to figure it out. Anyway, I've never seen one. It looks pretty cool.

But Trojan is what it says

[float_6969]

It's Tojan. Frapjap typo'd it (or did the same thing I did).

[Bubba1]

From what I just read, they might look like but are not technically considered kit cars as GM commissioned Knudson to modify them. They're basically stock Firebirds with cosmetic add-ons including a tacky imitation Lamborghini Countach style wing and uglified dash.

I'm sure they're collectible to Pontiac fans, but I don't see them fetching the same kind of money as say, a Yenko Camaro, which had actual performance upgrades instead of cosmetics.

[xekushnr]

You seem to only pop up every 2 years or so...

Yeah, just about. I dont have much free time. I'll try to peek in more often. Two jobs and a kid is a lot to juggle some days.

[nissangirl74]

That's a fact. I don't get in here as often as I like and we own the place.

[sx moneypit]

Good morning folks!

In other news,food poisoning sucks.

[Dattebayo]

I had that yesterday also. I killed the poison with alcohol, and I felt like sh*t all day. Partly hangover, partly because of having to fix the methmobile (fuel system issue). Gas smell makes me shiver for some reason...

[MinisterofDOOM]

Morning fellas, hope ya'll had a good weekend.

Anyone ever seen or heard of a Trojan?
I've never seen or heard of this model. Check it out!

http://boston.craigslist.org/gbs/cto/3995308606.html

Looks like an third-gen F-body with a bodykit. I'm still trying to figure out if that's a good thing or a bad thing.