[blue_sky]

“You always manage to live in the better neighborhood and drive the better car”

Um, what? I said I drive one 10 year old car, I live in an apartment WAY below my means. Why? Because I have people to take care of, not just my immediate family.

Furthermore, there are a lot of ways to give. I give blood, and I give away almost all of my material possessions to good will. Why do I not give money? Ironically enough, because I once worked for a fundraiser company for a charity and saw first hand how much of what people were giving us was wasted. So I don’t do that anymore.

[blue_sky]

“You always manage to live in the better neighborhood and drive the better car”

Um, what? I said I drive one 10 year old car, I live in an apartment WAY below my means. Why? Because I have people to take care of, not just my immediate family.

Furthermore, there are a lot of ways to give. I give blood, and I give away almost all of my material possessions to good will. Why do I not give money? Ironically enough, because I once worked for a fundraiser company for a charity and saw first hand how much of what people were giving us was wasted. So I don’t do that anymore.

[blue_sky]

I would sell. Long term capital gains rates aren’t that bad, you’ll pay 150K on 1 Million in profit and I’m guessing you have better things to with your time than go live in your own rentals for the purpose of saving 38K / year (150K / 4 years = 37.5K)

[blue_sky]

I would sell. Long term capital gains rates aren’t that bad, you’ll pay 150K on 1 Million in profit and I’m guessing you have better things to with your time than go live in your own rentals for the purpose of saving 38K / year (150K / 4 years = 37.5K)

[blue_sky]

May I ask how you arrived at these numbers?

Here’s my take, having a family of 3 as well (note only 1 car, and it’s used and it’s 10 years old. I also deliberately choose to live close to work because I think commuting is a waste of my life)

1. You pay too much rent (We pay 1,400)
2. You pay too much for gas (We pay less than 100 / mo)
3. You pay too much for car insurance (We pay less than 100 / mo)
4. You pay too much for groceries (We pay about 500 / mo and buy almost exclusively organic.)
4. You’re paying your loan down very quickly.
5. You tithe. Please note that while it sounds very nice to give 10% of your income to your church it’s much more realistic for _you_ to phrase it as giving 100% of your savings to your church.

When I was at your salary level I was saving more than 3000 / mo, my rent was less than 800 / mo then. I’m _not_ normal I know 🙂

[blue_sky]

May I ask how you arrived at these numbers?

Here’s my take, having a family of 3 as well (note only 1 car, and it’s used and it’s 10 years old. I also deliberately choose to live close to work because I think commuting is a waste of my life)

1. You pay too much rent (We pay 1,400)
2. You pay too much for gas (We pay less than 100 / mo)
3. You pay too much for car insurance (We pay less than 100 / mo)
4. You pay too much for groceries (We pay about 500 / mo and buy almost exclusively organic.)
4. You’re paying your loan down very quickly.
5. You tithe. Please note that while it sounds very nice to give 10% of your income to your church it’s much more realistic for _you_ to phrase it as giving 100% of your savings to your church.

When I was at your salary level I was saving more than 3000 / mo, my rent was less than 800 / mo then. I’m _not_ normal I know 🙂

[blue_sky]

5%, and that’s with a title change. Pretty rotten, though I understand why… financials are not positive.

[blue_sky]

5%, and that’s with a title change. Pretty rotten, though I understand why… financials are not positive.

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