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spinst posted:21 extra hours on my next paycheck. Aw yes. I love the beginning of the school year - so many extra $$ opportunities. I get this all the time...only without it resulting in more pay...
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Sep 4, 2014 03:57
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Is there a good rule of thumb in terms of blow money vs income? Between my wife and I we make around 160k and we give ourselves 200 bucks each a month of blow. That doesn't include restaurants or maybe some other things people might consider non-necessities.
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Sep 4, 2014 17:09
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AbsenceVsThinAir posted:Is there a good rule of thumb in terms of blow money vs income? Between my wife and I we make around 160k and we give ourselves 200 bucks each a month of blow. That doesn't include restaurants or maybe some other things people might consider non-necessities. I'd say it varies depending on your cost of living, life situation, savings and retirement. We make about 200k, own a house, and put away a significant (20%+) into savings/retirement every month. We give ourselves a $400/mo allowance each and that works well for us. But we're in an expensive city and carry no real debt aside from a mortgage. Really though, it depends on the rest of your budget and situation. But $200/mo is pretty darn reasonable if you ask me
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Sep 4, 2014 17:21
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My blow money every month is like 60-80 bucks max. Last month I went crazy because I brought in three times my normal income due to that severance I got from my last job and I spent a whopping 200. I live a rather spartan live, honestly.
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Sep 4, 2014 18:30
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Walked posted:Really though, it depends on the rest of your budget and situation. But $200/mo is pretty darn reasonable if you ask me This seems like a fair view to me. If you're rapidly paying down your debts or don't have any, are adequately saving for retirement/important goals and have a good emergency account, there's nothing wrong with blowing some extra cash on fun. If not, re-evaluate your priorities and spending. 
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Sep 4, 2014 18:47
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Sundae posted:This seems like a fair view to me. If you're rapidly paying down your debts or don't have any, are adequately saving for retirement/important goals and have a good emergency account, there's nothing wrong with blowing some extra cash on fun. If not, re-evaluate your priorities and spending. I think we are, we have some car debt but are otherwise debt free and saving pretty well for retirement. It just feels weird because I could always be saving more. My wife actually struggles to spend her blow money and ends up just accumulating it. The only thing she would spend on is yarn and other people keep buying it for her. Meanwhile I want steam games, gadgets, toys, streaming music, hobby stuff. I've started to sell stuff I no longer use to supplement the monthly allowance.
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Sep 5, 2014 00:32
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Folly posted:Nah, dialects/accents/speech patterns are regional and cultural more than racial. And unless you're a linguist, you're not going to automatically have a succinct and accepted phrase to say "when people from this region speak, I can identify that it sounds differently than the speech from people in this other region." He's doing the best he can. If you have a better phrase, I'm sure he'd be open to the suggestion. Race doesn't exist hth. Edit: What I mean is the phrase "different races have their own..." affirms that race is a real thing, instead of the made up bullshit it actually is. IAMKOREA fucked around with this message at 02:33 on Sep 5, 2014 |
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Sep 5, 2014 02:28
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IAMKOREA posted:Race doesn't exist hth. That's kind of like saying that Capitalism doesn't exist. Races don't exist apropos actual biological characteristics, but they do in fact exist as ideas that can - and do - affect people. People often latch onto that idea, that since race doesn't exist biologically then it's nonsensical as a concept, and it's very unproductive when we want to discuss how to fix poo poo.
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Sep 5, 2014 02:55
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tuyop posted:That's kind of like saying that Capitalism doesn't exist. Races don't exist apropos actual biological characteristics, but they do in fact exist as ideas that can - and do - affect people. Well all I meant was that since race is a bullshit concept our language about it should reflect that. But this is totally not a BFC topic and I regret my post.
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Sep 5, 2014 03:46
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I am super glad I started budgeting as I had to take a few unpaid sick days, but I can just adjust things to compensate instead of being in a hole. Yay!
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Sep 5, 2014 04:45
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So moved to Florida, and hurray, our monthly car insurance premium increased from $93 to $141 (even after lowering Bodily Injury Liability from 100/300 to 50/100). I want to get the premium even lower, but I'm not sure what.. I think I'm going to decline Uninsured Motorists Bodily Injury. Is this a bad idea? My family has good health insurance through my employer, so I feel like I wouldn't need to rely on the car insurance company for medical bills. We'd rarely, if ever, have other people in our car. No family members around, etc. I'm tempted to lower Bodily Injury Liability from 50/100 .. but not sure how bad of an idea this is either. Medical bills are ridiculous in the US so it might be dangerous to lower this at all.. Declining Uninsured Motorists Bodily Injury and lowering Bodily Injury Liability to 25/50 would save me about 30 bucks a month.
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Sep 5, 2014 04:47
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It's going to cost you way more a month if you get injured by an uninsured motorist. Just saying.
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Sep 5, 2014 11:10
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Sure your car insurance went up $600 a year, but you're probably saving thousands of dollars in state taxes now, so look at it that way too.
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Sep 5, 2014 12:10
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The idea of moving to Florida and lowering your insurance and getting rid of uninsured coverage makes me queasy.
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Sep 5, 2014 12:29
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Yeah it's higher for a reason. There are a lot of old people who can't see well in Florida.
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Sep 5, 2014 12:33
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Thanks, guys. I'd appreciate the advice. Glad I checked, I'm still a little dumb about this stuff. I grew up with public transportation, and not on the US. I'm going to leave the insurance as it is. And wait for it to go up after my wife gets her driver's license. 
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Sep 5, 2014 16:06
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I don't know how Dave Ramsey is viewed here. I am amazed that something so stupid, and so simple actually works. I read total money makeover and closed my credit card. It had a 0 balance, but two months ago I received some bad medical news and spent money to make myself feel better. I realized I did the exact same thing every time I received bad news (I receive a lot of bad news - I have a genetic problem that affects almost everything in my body in one way or another). I only have $1,000 in savings now, but all my medical bills are now paid and I will have my car (that I can't even drive due to a medical problem) paid off in four more months (two years early) if everything goes according to plan. The real trick is to make sure you are broke in a discretionary sense as early in the month as you can be. If you don't have any money available you can't spend it. If its a real emergency, you use the fund. The religious bits, the talk about the difference between the sexes - I don't really agree with those things - but the behavioral advice really worked for me.
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Sep 10, 2014 23:48
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He is good on finance just ignore the rest. I like listening to him on road trips in the middle of nowhere where only AM radio works.
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Sep 10, 2014 23:53
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Ramsey is fine for personal budgeting but don't listen to anything he says about investing.
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Sep 11, 2014 02:29
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Wasn't he the guy that said to invest 25k in an index fund then use the profits every five years to buy a new 25k car?
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Sep 11, 2014 02:42
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I know Ramsey helps a lot of people but they almost create this cult around him. A friend's sister works as a bank teller and keeps copies of one of Dave's book at her station to give out to customers if she thinks they need his advice.
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Sep 11, 2014 14:23
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nickutz posted:I know Ramsey helps a lot of people but they almost create this cult around him. This is the issue with him. I've posted in BFC before about my sister and brother in law's fanatical following of him. They refuse to open a credit card for Frontier to get 2 free tickets in the first year and $800 or so spending. They buy at least 6 frontier tickets a year, but whatever.
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Sep 11, 2014 14:43
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I think part of the reason he's so CREDIT BAD! Is because most people don't know how to use it responsibly. The people who call into his show are generally in such bad shape because they used credit like a checking account. It's a lot easier to tell people (and for them to remember), "don't ever get a credit card or finance anything" than it is to try and explain the nuances of credit. Sure it's sound bite-ish but when you're dealing with people who aren't financially savvy I agree with him that it's better to tell them not to play with it than it is to hand them a loaded gun and tell them to figure it out on their own. edit: Plus it works and I think that's the most telling and important part.
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Sep 11, 2014 15:03
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Bloody Queef posted:This is the issue with him. I've posted in BFC before about my sister and brother in law's fanatical following of him. They refuse to open a credit card for Frontier to get 2 free tickets in the first year and $800 or so spending. They buy at least 6 frontier tickets a year, but whatever. It is actually a crappy deal since it is a ridiculous amount of points on frontier to go anywhere.
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Sep 11, 2014 15:04
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Ramsey's advice is great for those who don't have control over their emotions, but still know they need to be responsible with their money or face certain doom. Not using credit cards, and therefore giving up the rewards they offer simply because you can't control your spending is a bit hilarious to me though, even if it is better for many people to do this. The people who do this clearly value purchasing goods and services to an extreme level because they can't control themselves - so it makes them happier to spend than not spend. As a result, they stand to gain the most from making extra money from credit card rewards, especially since the most efficient use for many credit card rewards programs are on luxury items, not groceries or retirement savings. Rick Rickshaw fucked around with this message at 15:17 on Sep 11, 2014 |
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Sep 11, 2014 15:14
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spwrozek posted:It is actually a crappy deal since it is a ridiculous amount of points on frontier to go anywhere. How is it a crappy deal? You get 2 free tickets, no fee the first year and then you cancel the card.
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Sep 11, 2014 15:23
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Bloody Queef posted:How is it a crappy deal? You get 2 free tickets, no fee the first year and then you cancel the card. You have to pay the $69 in your first bill period (unless they have changed it) I did this a few years ago. Plus to fly anywhere on frontier is 40,000 points round trip basically. With the new way they price flights it is worthless. My wife and I both went Denver to Dallas earlier this year for $98 each. They wanted 20k points each one way. Worthless. Southwest has the best point system in my experience. E: basically I don't think you get two free flights really. spwrozek fucked around with this message at 15:44 on Sep 11, 2014 |
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Sep 11, 2014 15:39
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Once you have a budget, savings, are cash flow positive and out of consumer debt you have exited the Ramsay-sphere and should seek better sources to learn about investing, taxes and retirement.
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Sep 11, 2014 16:48
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The woman who was supposed to move into the apartment I vacated on the first this Monday decided to back out today. She hadn't signed the lease yet.  (I get that she had a verbal contract, but the landlord no longer wants to deal with her, and I can't blame him after the events of today. Time to find another drat tenant to take over the loving lease.)
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Sep 12, 2014 02:18
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spwrozek posted:You have to pay the $69 in your first bill period (unless they have changed it) I did this a few years ago. Plus to fly anywhere on frontier is 40,000 points round trip basically. With the new way they price flights it is worthless. My wife and I both went Denver to Dallas earlier this year for $98 each. They wanted 20k points each one way. Worthless. $69 annual payment starts in year 2. The deal is 50k points which got me two round trip tickets from DE to FL. And a free companion ticket. The actual point system is garbage. I'm canceling as soon as the year is over. E: I've used the two regular tickets and they worked no problem.
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Sep 12, 2014 14:24
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That is good it worked for you. I guess I just fly to too big of airports because the points never work out. 20k one way.
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Sep 12, 2014 14:32
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Ugh, cars. $1300 for a couple repairs. But, super glad we've gotten financially responsible, since now it's just a little blip to our net worth.
Cicero fucked around with this message at 23:37 on Sep 15, 2014 |
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Sep 15, 2014 23:33
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Cicero posted:Ugh, cars. $1300 for a couple repairs. But, super glad we've gotten financially responsible, since now it's just a little blip to our net worth. Yeah we just had our clutch done. $2100. 
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Sep 16, 2014 00:57
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Jebus, what sort of clutch that was?
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Sep 16, 2014 14:55
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mobby_6kl posted:Jebus, what sort of clutch that was? A Canadian/Edmontonian* clutch. I shopped around. Everywhere I checked was over 2k, with the average being like $2500. That price includes a broken plastic engine thingy and an oil change, so the actual clutch was probably closer to $1900. *I'm pretty sure that the availability of insanely high paying work for mechanics a few hours North of the city in Mordor drives up the price of labour for automotive repairs.
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Sep 16, 2014 16:02
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Isn't your wife a mechanic?! And drat that's a spendy clutch...
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Sep 17, 2014 02:13
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SiGmA_X posted:Isn't your wife a mechanic?! And drat that's a spendy clutch... Yeah but we're both way too busy right now (she worked 75 hours last week, woo salary) and couldn't afford to have to car out of service for most of a week. And we're not really equipped to machine a flywheel, you know?
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Sep 17, 2014 03:26
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Just bought a no soliciting sign for my door. Take that boy-scouts 
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Sep 22, 2014 14:55
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Sephiroth_IRA posted:Just bought a no soliciting sign for my door. Take that boy-scouts Just buy some popcorn for the troops you bum!
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Sep 23, 2014 02:56
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spwrozek posted:Just buy some popcorn for the troops you bum! gently caress that popcorn. Ew.
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Sep 23, 2014 20:57
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