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SiGmA_X posted:Post the rail with a price of 1 and an "OBO 1500" in the ad or something. Or you know, search and see what people list them for and what they sell for on eBay... Alright will do. It was my son's birthday today, so I'm putting off the sand rail until tomorrow. I'll check out what's up. If it wasn't for one awful weld I'd feel more confident selling it higher. Zanthia posted:Since I started budgeting, I've never made hard cuts. Frankly, I don't have that kind of discipline. I started by just tracking my spending. After 3 months of tracking, I built a budget based on what I had been spending and how comfortable I felt about that spending. In the first year, I tweaked categories based on continued expense tracking. It's probably the laziest way to start a budget, but it worked for me. Ah, Ok so you mostly used the budget to cut impulse spending, and that was mostly enough it sounds like. And then you and Dwight both kind of fine tuned from there. I want to start big, come under budget, and then fine tune to plan things around the budget after... I don't know after awhile. That sounds much better than trying to eek out every last cent from every category and screwing with it so much, as I've been doing. Horking Delight posted:You need more medical for therapy. Cut your income by putting it into HSA (for the tax advantage, isnt it pretax money?) and use HSA for paying therapist. Well with ~$1300 in the HSA currently, and $100 a month, that should provide nearly a year's worth even at $200/mo. I think it will cost $50 per visit, but my insurance company (Anthem) doesn't have a lot of info. I'll have to call. Luckily there are some psychiatrists near where I live, so the first consult or whatever will be easier. That work? I'll be pretty bummed out if $1,900 over the next 6-10 months isn't enough. HSA I don't think I can pretax contribute any longer. I can post-tax contribute though, which would mean some money back on the tax return? I'm guessing that if I post-tax contribute the medical to the HSA, then maybe that will be a tax deduction the following year. I'll have to look into it. Veskit posted:Not sharing the details is usually how something ends up a disaster. I wouldn't be so pushy if you weren't so open about sharing the details of seeing a therapist, I'm just lost at the part where you see a psychiatrist that makes you want to close down. It's just personal. I feel like I flaunt enough around on the internet. I'd be more open to posting about when I actually start visiting I think. n8r posted:If you bought the right house that appraises for more than you pay for it, you could use your 'instant equity' to pay off the car. I think you should keep crunching the numbers bro! Who knew that 6 figure purchase for a person who is worse than broke can be the best financial choice you've ever made! It's hard to tell if you're joking, but I definitely was. I was poking fun at myself hardcore. If you are joking, then that's brilliant; I'll start sleuthing for a deal. Maybe I could buy some cheap land and build a house out of pallets and blankets. Boom $1,100 per month saved. Dwight Eisenhower posted:For me I started one month of just tracking spending without even doing a budget. I just categorized all the spending in Sept 13 then tried to budget in October. When I had a plan that reflected my non deliberative behavior, I started looking at that plan to answer the question "do I want this to be my reality?" Right on. This was kind of what my wife and I decided to do before the DMV fine threw a wrench in our plans. Start big, and gradually try to cut as we could and as we got better at it. I don't think we had the right idea with big, though. I realized earlier that if we had just started on a big budget like now, and just stuck with it throughout the thread, then we would have been out of debt already, and we'd probably have been way more comfortable along the way anyway. I definitely won't be happy if we're spending to budget on especially discretionary regularly. That's really not what we're trying to do here. As well as we've done this month which isn't perfect, but definitely good or even very good, I don't have confidence that we can sustain it forever. At least this time the change will be done after a good month, rather than a bad one. imabanana posted:Buy a duplex, rent out the other half, live for (almost) free. I'd definitely find this interesting, but I don't think I could get financing (despite my joke). I do have a 635 Experian FICO which still isn't very good, and my credit report is still pretty negative. It's mostly been excellent credit card usage that has upped my score. June 2017 when 3-4 medical debt collections fall off we'll be looking better. I'd like to look more into stuff like this when we're out of debt, for sure. Paying for the past mistakes still. Horking Delight posted:This is where I one day hope you will be at, Knyte. Me too. I'm tired of this, guys. I genuinely hope this budget and the therapy will point us in the right direction. I have ambitions and dreams that I'm not ready to give up on, but I need to succeed in building this financial base to meet them. Knyteguy fucked around with this message at 08:48 on Feb 20, 2016 |
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Feb 20, 2016 08:35
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You can't contribute to an HSA without a HDHP............
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Feb 20, 2016 16:18
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Another reason you shouldn't even be remotely considering buying a house, if you're not planning on staying in the area for >5 years (aka: "Boy it would be nice to move to seattle / silicon valley to improve my career") you're completely screwing the pooch on closing costs wasted.
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Feb 23, 2016 18:42
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I think the equation for 5 years is not so great either, especially if you do much in the way of repairs to the house. I don't work in the corporate tech world, but jumping from job to job seems like the best way to improve pay/increase skillsets, and owning a home is a terrible idea if that is your professional strategy.
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Feb 23, 2016 20:38
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dreesemonkey posted:Another reason you shouldn't even be remotely considering buying a house, if you're not planning on staying in the area for >5 years (aka: "Boy it would be nice to move to seattle / silicon valley to improve my career") you're completely screwing the pooch on closing costs wasted. n8r posted:I think the equation for 5 years is not so great either, especially if you do much in the way of repairs to the house. I don't work in the corporate tech world, but jumping from job to job seems like the best way to improve pay/increase skillsets, and owning a home is a terrible idea if that is your professional strategy. I'd like to move to freelancing full time just for this. I don't want to be location dependent. But yeah I figure we'll know more in 2-3 years when we're closer to the reality of buying a home (hopefully). February Final  http://i.imgur.com/kKNkRcI.png  http://i.imgur.com/0AW0Atu.png  http://i.imgur.com/hC6TvJI.png It's late and it took me 3 screenshots for some reason. I'm not hiding anything. I'll post it in a normal format if anyone really wants me to. Gift cards to Olive Garden were used (partially) though, so technically a little more in restaurants. Ignore the to be budgeted income. I'm switching budgets to the March one so this is in limbo. There's $110 in groceries we bought last night that hasn't cleared and it's not reflected here. Add $110 to it. And $7 because I grabbed a lunch today. Hopefully that's the last time I break the budget. Overspent on groceries, discretionary. I think we did well. March Budget Ok this is pretty close to what I posted. Same dollar values I believe, just changed up category names slightly on some of them.  http://i.imgur.com/8mGmEcz.png  http://i.imgur.com/HcVAEPY.png[ My hidden categories is cut off, but I was too lazy to fight MSPaint just for that when you can see the values. I use a program called Snag It for screenshots usually, but I don't have that at home. That's why my screenshots are weird this time. That looks much nicer. Good idea simplifying it Horking. $403.75 is the planned amount going towards debt every month, plus non-rollover category additions, plus business profits and income, plus whatever else. Should always be a little more, at least. Sand rail (to head off questions): I still haven't gotten to it. This weekend I'll get it posted for sure  . I spent some of this past weekend cleaning up the backyard so it's presentable enough to get potential buyers in. Plus it needed to be done.Anyway I'm tired of typing and I think I got it all. Edit oh Marchs' budget does reflect the $110 in groceries, and I just paid off two credit cards as well so that's diff from Feb. Knyteguy fucked around with this message at 08:24 on Feb 24, 2016 |
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Feb 24, 2016 07:39
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Snag it is cool and all but sniping tool comes with Windows if you are running a computer with Windows. Unless you are on XP still...
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Feb 24, 2016 14:06
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Looks pretty good, I think it's a little sad that you and your wife can't survive on $1000/month of 'discretionary' money, but it's your goals not mine.
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Feb 24, 2016 18:09
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n8r posted:Looks pretty good, I think it's a little sad that you and your wife can't survive on $1000/month of 'discretionary' money, but it's your goals not mine. That much discretionary money makes me feel like there's just a lot of uncategorized expenses.
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Feb 24, 2016 18:53
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Yes, it's almost like there's multiple pages discussing budgeting large amounts of money to reinforce the habit of staying within the budget, even if the limits of the budget are painfully high to reflect the spending habits and actual priorities of the person making the budget.
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Feb 24, 2016 19:05
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Yeah, I read the thread. It was painful. At some point it really is just laughable though. Maybe it's because I don't make as much money as Knyteguy, but having that much money assigned to "i dunno" would be about the same as just not having a budget at all.
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Feb 24, 2016 19:15
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Knyteguy posted:My hidden categories is cut off, but I was too lazy to fight MSPaint just for that when you can see the values. I use a program called Snag It for screenshots usually, but I don't have that at home. That's why my screenshots are weird this time. Since nYNAB is browser-based, you could use the imgur extension for chrome/whatever and screenshot the entire page with like two clicks. right click > imgur > capture page to > whatever I've said it in the past, but the "big bucket" categories worry me. It makes the money a little more abstract and makes planning for upcoming costs harder, at least that's how it works for me. I like very much seeing our savings goals broken down, not a "big pile of cash free for all". I'm not saying this can't work for you, but I could see how it may not help all that much. Planning every-freaking-thing is the biggest and most important part of money-stress-reduction for me.
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Feb 24, 2016 19:22
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Y'all are putting the goddamn cart in front of the horse. Arguing about the vagaries about a particular budget are silly when the habitual capacity to create and adhere to a budget is still tenuous and consistently dedicating income to progressing debt paydown is a much bigger issue to tackle than correctly budgeting for amazon prime vs netflix.
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Feb 24, 2016 19:31
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If a discretionary budget of $1000/mo keeps KG from going out and buying expensive one-off items then it is a drat sight better than a discretionary of $400 and unbudgeted purchases of $5000+ in six months. Let him come in under budget for three months before you start telling him to change his budget, that's the same exercise he is being asked to do so calm the gently caress down and give him the three months.
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Feb 24, 2016 20:01
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bringer posted:If a discretionary budget of $1000/mo keeps KG from going out and buying expensive one-off items then it is a drat sight better than a discretionary of $400 and unbudgeted purchases of $5000+ in six months.
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Feb 24, 2016 20:37
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dreesemonkey posted:I'm not saying this can't work for you, but I could see how it may not help all that much. Planning every-freaking-thing is the biggest and most important part of money-stress-reduction for me.
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Feb 24, 2016 20:40
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Yeah we tried more advanced strategies and they didn't work. At all. The $5000 in unaccounted for purchases is an exaggeration only in the sense that... Wait no, I forgot about the 600? dollar weight set (plus the 2500 car and the 2000 computer makes over 5000...), that's accurate. He's shown that he needs baby steps.
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Feb 24, 2016 21:39
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Baby steps, hmmm... Maybe he should make a budget like so: Income: X Debt Repayment: Y Everything Else: Z Blow one category, and you've blown the budget.  I'm not being serious, but given that he hasn't been able to hit a budget for three consecutive months yet, maybe this actually WOULD be following the "baby steps" idea.
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Feb 24, 2016 21:46
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bringer posted:If a discretionary budget of $1000/mo keeps KG from going out and buying expensive one-off items then it is a drat sight better than a discretionary of $400 and unbudgeted purchases of $5000+ in six months. Quoting for when 'just stay the course, KG' doesn't fulfill his need to feel like he's *doing something* and he comes up with another get rich quick scheme in about 18 days. I decided to do an engine rebuild and full resto on the sand rail, can't make money if you don't spend money! I'll take it from next month's random $5 I'm gonna get, it's cool. I'll double down on rice and beans this week and vape less. Maybe I'll start a vape cart in the mall along with all the freelancing I said I'd be doing. I'll budget for +$4000 for the sand rail right now. -Thread melts down. -KG quits thread for a month. -Camaro needed an LS7 swap because reasons.
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Feb 24, 2016 21:52
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BloodBag posted:Quoting for when 'just stay the course, KG' doesn't fulfill his need to feel like he's *doing something* and he comes up with another get rich quick scheme in about 18 days. That's the whole point. If KG can't keep to a fluffed up budget then it demonstrates conclusively that his problem has nothing to do with budgeting, or BFC in general. I kind of agree with KG saying that willpower is limited and he's been trying to quit smoking, going out, drinking, eating snacks, et cetera, in order to meet his financial goals. And failing, because it's pretty common to stress spend and he's removing all of his other de-stressors at the same time. Maybe if he accepts that he can't cut spending so hard he'll be able to cut things down over time and in three or six months hopefully he'll be closer to a BFC-approved budget. Or maybe not, but then gently caress it. We can all piss down this well E/N style, because that's where the thread will belong.
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Feb 24, 2016 22:15
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KG, make your monthly budget an NFL season. Every budget item is a regular season game where you already know your own score (budgeted amount) and the goal is to prevent the opposing team from beating your score. Maybe you can give the Detroit Lions their first winning season, eh?
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Feb 25, 2016 00:33
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IllegallySober posted:Baby steps, hmmm... I said this and was serious. I don't think it's helpful for him to think about this as much as he currently seems to. Get paid Pay debt Pay fixed expenses Live on the rest Overcomplicating it hasn't worked.
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Feb 25, 2016 02:57
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The problem is that he still regularly goes into the red in terms of "spent more money than I made" in certain months. If he doesn't "save" up, sometimes he gets emergencies like "it's someone's birthday" or "I had a doctor's appointment" or "My car insurance was due this month". I worry if he mixes discretionary and everything else into the same category, we're just going to see "I spent all my budgeted income in the first three weeks but now the baby's out of diapers so I was forced to go over" (after two weeks after screaming at him "DON'T SPEND SO MUCH ON X" and him saying "Don't worry, I still have money left!") That's why I wanted discretionary to be separated away from the rest of his budget. Didn't he once spend all of his discretionary on getting a Kindle on like, day loving three of the month and then busted his discretionary budget because he had to have drinks with his boss or something? Was that actually what happened? Maybe I'm misremembering it, but I'm too lazy to go back and check right now. EDIT: Holy poo poo I was actually right, it was "drinks at a bar with the boss" followed by "and also a commitment to a fantasy football league for real money later". Search is working so that was easier than I thought: August 4th, 2014 Jesus Christ: Knyteguy posted:We went through a lot of our discretionary this weekend, but that's because we bought a Kindle ($69 base model). It's actually for the family so it came out of both our blow categories and a little entertainment too. Luckily there is still enough leftover between discretionary categories to keep us satiated the rest of the month if we're at all smart about it. Plus hey books are cheap entertainment $/hour. August 22, 2014: Knyteguy posted:Couple quick things to note: we broke the blow money budget by about $10.00-$15.00 (I haven't entered it yet so I'm not certain). Ok so here is where I finally can start to see some problems with buying the Kindle so early in the month. If we had realized the want and waited until the end of the month, we would have known there wouldn't be enough, but we could have saved a little difference and picked it up next month instead. September 1, 2014: This is not a man I trust to keep money in reserve for unexpected future expenses. Colin Mockery fucked around with this message at 04:21 on Feb 25, 2016 |
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Feb 25, 2016 04:09
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Horking Delight posted:The problem is that he still regularly goes into the red in terms of "spent more money than I made" in certain months. If he doesn't "save" up, sometimes he gets emergencies like "it's someone's birthday" or "I had a doctor's appointment" or "My car insurance was due this month". I know I'm terrible and I talk a lot. (I'm a little grouchy sorry). OneWhoKnows posted:KG, make your monthly budget an NFL season. Every budget item is a regular season game where you already know your own score (budgeted amount) and the goal is to prevent the opposing team from beating your score. Maybe you can give the Detroit Lions their first winning season, eh? I wish there was another poster I could compete with anymore. I'd love that. I need a budgeting rival dammit. imabanana posted:I said this and was serious. I'd like to do this when we're more familiar with sticking to an allotted amount. I think simplifying will be good for this. No more tinkering. I tried to do make a huge debt payment this month, and live on the rest, but we didn't quite do it. I need to figure out what's reasonable. I think this process will help with that. bringer posted:If a discretionary budget of $1000/mo keeps KG from going out and buying expensive one-off items then it is a drat sight better than a discretionary of $400 and unbudgeted purchases of $5000+ in six months. Dwight Eisenhower posted:Y'all are putting the goddamn cart in front of the horse. Empty quoting (thanks). dreesemonkey posted:Since nYNAB is browser-based, you could use the imgur extension for chrome/whatever and screenshot the entire page with like two clicks. spwrozek posted:Snag it is cool and all but sniping tool comes with Windows if you are running a computer with Windows. Unless you are on XP still... Win10 so I have it. I didn't know about that. Imgur extension: I believe I tired in on nYNAB but I was having trouble. I'll try again I may have used another extension (in fact I think I did). I did take a step to make it easier to post though. Just whatever makes it easier. If I could one screenshot stuff that would be great. bringer posted:That's the whole point. If KG can't keep to a fluffed up budget then it demonstrates conclusively that his problem has nothing to do with budgeting, or BFC in general. Yeah. I want to keep spending lowish. March I have some hobby plans, but beyond that I think we can at least be near what we did this month. 2 months sober today on the alcohol. It's still tough, but that's for another thread I suppose. n8r posted:Looks pretty good, I think it's a little sad that you and your wife can't survive on $1000/month of 'discretionary' money, but it's your goals not mine. Meh I intend on spending less than that generally. I am still the guy who wants to cut hardcore every dollar to get out of debt by August and to have a house by September 2017. That's a fools errand I realize, but we can now cut and not worry about going over budget on some small things (like a $7 hamburger). Too many posts to get to guys, but thanks for the input. I've been contemplating these posts most of the day. Knyteguy fucked around with this message at 06:41 on Feb 25, 2016 |
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Feb 25, 2016 05:59
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Knyteguy posted:I wish there was another poster I could compete with anymore. I'd love that. I need a budgeting rival dammit. If you give me until April 1 to start getting regularly paid again, I'd be up for C-Level BFC Celebrity Budgeting Deathmatch with you.
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Feb 25, 2016 06:50
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KG - you are planning on doing therapy, have you looked into what your insurance will cover with regard to therapy? I would contend that now is the right time to determine what this will cost, and start stashing money away for it. I think there is a very good chance that therapy could cost you anywhere from $0 - $150+ per visit. This is a foreseeable future expense - like when you had your kid - that you should start saving for now. I just think that $1000 is far too much for KG to be spending. He's got $100 set aside for subscriptions, he mentioned any expensive hobbies. What on earth are you spending $1000 a month on? -I think part of the budget/thread should be documenting what this $1000 a month is spent on.
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Feb 25, 2016 15:44
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I disagree. Let's give him a chance to actually be under budget for once. Since Knyteguy is recording his transactions in YNAB, we will be able to see what he spends his $1,000/month on, even if it is not split into many categories. Good luck Knyte.
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Feb 25, 2016 15:57
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Hawkgirl posted:I disagree. Let's give him a chance to actually be under budget for once. I agree. But I also think this part is a good idea: n8r posted:-I think part of the budget/thread should be documenting what this $1000 a month is spent on.
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Feb 25, 2016 16:25
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If he wants to set his discretionary high, it's his budget and he can if he is willing to accept the consequences (slower debt paydown). He said he'd try to spend less, so I'd like to see him try it out first and see what happens, but if that's the amount he spends, then as long as it works with his other stuff, whatever.
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Feb 25, 2016 17:28
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A realistic plan for Knyte is what is valuable. Budgets are plans and are only valuable when executed. We have two years of data that chastening toward budgets which do not accommodate impulsive spending and Knyte's consumption habits have not gotten him out of debt. Those plans do not have value. Frankly I agree with n8r that therapy should be a priority. It should be a higher priority than budgeting, but in the realm of discussing budgets, the previous ones are not realistic because they are not plans that Knyte can execute.
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Feb 25, 2016 19:33
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What's the therapy/Psych status?
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Feb 25, 2016 19:42
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Does anyone know KGs starting debt and where he sits now? I would be interested to see overall what he has paid down. Also throw in the cost of having the baby that he did save up for.
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Feb 25, 2016 20:55
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spwrozek posted:Does anyone know KGs starting debt and where he sits now? I would be interested to see overall what he has paid down. Also throw in the cost of having the baby that he did save up for. Debt from before: Car - $26,769 Student Loans - $8,600 Grandma - $2,000ish Speeding Ticket (was before thread) - $1,000 Wells Fargo Credit Card - $1,000 Baby - $3,500 ($3,800 in medical expenses in 2015, so this is a very close estimate) Back Taxes - $2,700 Credit Union Collection - $350 Total: $45,919 ($43,219 not including back taxes) Most of this data is from here:  And my old budget Horking quoted above. Now: Car - $17,080 Student Loans - $7,160 Total: $24,240 IllegallySober posted:If you give me until April 1 to start getting regularly paid again, I'd be up for C-Level BFC Celebrity Budgeting Deathmatch with you.  Yes! I'm totally down. Let's figure out a better method than the August version of what SloMo and I did. It was too hard to judge. Texans vs Lions look out. I'm JJ Watt Knyteguy fucked around with this message at 22:55 on Feb 25, 2016 |
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Feb 25, 2016 22:51
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Hah, beat your edit ^^^^^^^^^^Knyteguy posted:Rules of engagement? Titans, bro? 
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Feb 25, 2016 22:58
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^^^^^ and I beat yours!IllegallySober posted:Titans, bro? Corrected myself before you quoted c'mon that was a big post I'm still JJ Watt I'm going to tackle some selfie taking mother f'ers
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Feb 25, 2016 22:59
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Knyteguy posted:Corrected myself before you quoted c'mon that was a big post Based on your progress so far, you're actually every Texans QB in franchise history- showed promise and then flopped 
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Feb 25, 2016 23:00
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IllegallySober posted:Based on your progress so far, you're actually every Texans QB in franchise history- showed promise and then flopped As long as I'm not Brian Hoyer
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Feb 25, 2016 23:04
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Knyteguy posted:As long as I'm not Brian Hoyer Go to Michigan state, make good money being bad in the NFL, be an analyst. Good times.
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Feb 25, 2016 23:10
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n8r posted:KG - you are planning on doing therapy, have you looked into what your insurance will cover with regard to therapy? I would contend that now is the right time to determine what this will cost, and start stashing money away for it. I think there is a very good chance that therapy could cost you anywhere from $0 - $150+ per visit. This is a foreseeable future expense - like when you had your kid - that you should start saving for now. Yeah I think it's $50 based on some research I did. I'm not looking at it like we're spending $1000. I'm looking at it like we're budgeting $1000, and then trying to spend less. Documenting I guess I can. I'll document after I spend, though, not before. Hawkgirl posted:I disagree. Let's give him a chance to actually be under budget for once. Thanks. Yeah I am recording. I probably won't offer fine grain detail. Principal of it and all... Veskit posted:What's the therapy/Psych status? Same. spwrozek posted:Go to Michigan state, make good money being bad in the NFL, be an analyst. Good times. I didn't realize he was a Michigan State guy. I'm slowly becoming a Michigan fan (behind Nevada of course) just from Detroit sports news exposure (plus I like Harbaugh). Both schools seem pretty amazing at college football. I'd love to go to a big school rivalry game. My boss goes to see Alabama, Texas A&M, and... one more all the time while traveling for work. Big college games sound like a blast. I've only been to one college football game. Still haven't been to a professional one. Some day.
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Feb 25, 2016 23:32
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You should get LASIK.
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Feb 25, 2016 23:42
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Henrik Zetterberg posted:You should get LASIK. Already had it 11 years ago brah
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Feb 25, 2016 23:49
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