[temeculaguy]

I’m in!!! (well, 80% chance, there might be a scheduling conflict but the odds are that I’ll be there).

However, I do not plan to show up nude, how I leave is negotiable.

[temeculaguy]

I’m in!!! (well, 80% chance, there might be a scheduling conflict but the odds are that I’ll be there).

However, I do not plan to show up nude, how I leave is negotiable.

[temeculaguy]

I’m in!!! (well, 80% chance, there might be a scheduling conflict but the odds are that I’ll be there).

However, I do not plan to show up nude, how I leave is negotiable.

[temeculaguy]

I’m in!!! (well, 80% chance, there might be a scheduling conflict but the odds are that I’ll be there).

However, I do not plan to show up nude, how I leave is negotiable.

[temeculaguy]

Oh dear god, these people figured out another reason come out from under their rock again.

I’m not reading the enire study because I’ve read similar versions a hundred times, feel free to point out if they covered this but I doubt they did.

Walkable areas in san Francisco and Chicago tend to be older areas, older areas are less likely to be purchased during the bubble tha suburbs. That’s it, magic. Comparing two houses that both have a mortgage is not an equal comparison, comparing two houses purchased on the same date, with the same debt ratio is. Notice they didn’t include bubble built walkable areas like downtown san diego.

The study was done by the national resource defense council (kinda sounds like a government agency, but it’s an environmentalist organization akin to greenpeace) which has an agenda. I don’t hate them, they believe what they believe, some of it’s o.k., but lobby groups with agendas need to be taken with a grain of salt especailly when they produce report on economic issues and get out of their area of expertise, like, say, global warming.

[temeculaguy]

Oh dear god, these people figured out another reason come out from under their rock again.

I’m not reading the enire study because I’ve read similar versions a hundred times, feel free to point out if they covered this but I doubt they did.

Walkable areas in san Francisco and Chicago tend to be older areas, older areas are less likely to be purchased during the bubble tha suburbs. That’s it, magic. Comparing two houses that both have a mortgage is not an equal comparison, comparing two houses purchased on the same date, with the same debt ratio is. Notice they didn’t include bubble built walkable areas like downtown san diego.

The study was done by the national resource defense council (kinda sounds like a government agency, but it’s an environmentalist organization akin to greenpeace) which has an agenda. I don’t hate them, they believe what they believe, some of it’s o.k., but lobby groups with agendas need to be taken with a grain of salt especailly when they produce report on economic issues and get out of their area of expertise, like, say, global warming.

[temeculaguy]

Oh dear god, these people figured out another reason come out from under their rock again.

I’m not reading the enire study because I’ve read similar versions a hundred times, feel free to point out if they covered this but I doubt they did.

Walkable areas in san Francisco and Chicago tend to be older areas, older areas are less likely to be purchased during the bubble tha suburbs. That’s it, magic. Comparing two houses that both have a mortgage is not an equal comparison, comparing two houses purchased on the same date, with the same debt ratio is. Notice they didn’t include bubble built walkable areas like downtown san diego.

The study was done by the national resource defense council (kinda sounds like a government agency, but it’s an environmentalist organization akin to greenpeace) which has an agenda. I don’t hate them, they believe what they believe, some of it’s o.k., but lobby groups with agendas need to be taken with a grain of salt especailly when they produce report on economic issues and get out of their area of expertise, like, say, global warming.

[temeculaguy]

Oh dear god, these people figured out another reason come out from under their rock again.

I’m not reading the enire study because I’ve read similar versions a hundred times, feel free to point out if they covered this but I doubt they did.

Walkable areas in san Francisco and Chicago tend to be older areas, older areas are less likely to be purchased during the bubble tha suburbs. That’s it, magic. Comparing two houses that both have a mortgage is not an equal comparison, comparing two houses purchased on the same date, with the same debt ratio is. Notice they didn’t include bubble built walkable areas like downtown san diego.

The study was done by the national resource defense council (kinda sounds like a government agency, but it’s an environmentalist organization akin to greenpeace) which has an agenda. I don’t hate them, they believe what they believe, some of it’s o.k., but lobby groups with agendas need to be taken with a grain of salt especailly when they produce report on economic issues and get out of their area of expertise, like, say, global warming.

[temeculaguy]

Oh dear god, these people figured out another reason come out from under their rock again.

I’m not reading the enire study because I’ve read similar versions a hundred times, feel free to point out if they covered this but I doubt they did.

Walkable areas in san Francisco and Chicago tend to be older areas, older areas are less likely to be purchased during the bubble tha suburbs. That’s it, magic. Comparing two houses that both have a mortgage is not an equal comparison, comparing two houses purchased on the same date, with the same debt ratio is. Notice they didn’t include bubble built walkable areas like downtown san diego.

The study was done by the national resource defense council (kinda sounds like a government agency, but it’s an environmentalist organization akin to greenpeace) which has an agenda. I don’t hate them, they believe what they believe, some of it’s o.k., but lobby groups with agendas need to be taken with a grain of salt especailly when they produce report on economic issues and get out of their area of expertise, like, say, global warming.

[temeculaguy]

I picked up on one word, “crib.” Don’t worry so much, that is not the investment phase of life. “Getting by” is just fine when you are at the “crib” phase of life, you should just enjoy it.

Ray has a point, don’t get caught up in the hype that you need their entire educational expenses paid in full the day they finish high school.

Even without student loans, college savings pick up steam near the finish line, and there’s nothing that says you can’t pay some of it while they are in school. When they are little, you work less, you tend to earn less and you spend more time with them. Once the kiddos are young adults, you are in the prime of your earning years, you can work more because they can and will want to do more by themselves and I personally believe college costs are overestimated. It’s nice to put a dent in it, but ignore the pressure to have it all saved up before it starts.

Here’s my anectdote, it’s not one person it’s about 7 or 8. I’ve got a gaggle of relatives with kids in various UC and CS schools. They go to some seminar that the school puts on or check the website and freak out. Since I’m the math cousin, I get either the phone call or the story at thanksgiving that UC and CS schools cost 30 or 40k a year because that’s what the school said. Then I look at the numbers on the school website because I’m not that old and I seemed to have gotten by on peanuts. So I look at the website’s cost estimate and they list health insurance, car insurance, gas, food, and all this other stuff into their formula. But unless you are plucking some kid out of a hut in some foreign country, you are already paying for that stuff and doing fine. Just figure the actual rent and tuition. High schoolers already cost you insurance, car, gas, car insurance, cell phones, sports, proms, pictures, food, cable t.v., electricity, you need to back out the cost of the things you are paying for now. You don’t just start feeding them the day they go to college.

(can I have a side rant here, the cost of having teenagers is ridiculous, the new higher tuition rates at California state universities is $5800 a year, the cost of having a kid that is a high school cheerleader is $2400, With club sports, high school sports and all the other crap, I can’t wait for college to start so I can save money).

They can live in crampt, disgusting conditions, survive on macaroni and cheese, drink lucky lager, get a crappy job, shop at thrift stores and realize how good they had it when they lived at home. Don’t rob them of life’s greatest lesson, poverty! I did it and i would do it again tomorrow, I had a couple silver spoons in my mouth until the day I landed on campus and I learned more because my parents didn’t have a pile of money set aside for me. I kinda think that was by design. Come to think of it I was pitiful, I had never done a load of laundry or operated a vaccuum, I had never cooked a thing, I’m not sure i even picked my laundry up until day 1 of college. They paid my tuition, gave me x number of dollars for the rest and wished me well. About 30 days into it, i was broke, called home and was told that i needed to figure it out myself. Nothing I learned in the classroom compared to what that taught me. I budgeted, I found ways to do things cheaper and I started visiting my grandmas on weekends and called them often, why? Not because mom told me to, but because I learned real quick that they have food, in exchange for hugs, kisses and a few hours of conversation, you can fill your belly and usually you left with a bag of groceries. What started out as a selfish act to cure starvation, ended up with hundreds of lessons from my elders that otherwise i would have never listened to. Depression era stories had no meaning until then.

So just play with your babies, if they have to fend for themselves a little when they go to college, trust me, they will thank you twenty years later.

[temeculaguy]

I picked up on one word, “crib.” Don’t worry so much, that is not the investment phase of life. “Getting by” is just fine when you are at the “crib” phase of life, you should just enjoy it.

Ray has a point, don’t get caught up in the hype that you need their entire educational expenses paid in full the day they finish high school.

Even without student loans, college savings pick up steam near the finish line, and there’s nothing that says you can’t pay some of it while they are in school. When they are little, you work less, you tend to earn less and you spend more time with them. Once the kiddos are young adults, you are in the prime of your earning years, you can work more because they can and will want to do more by themselves and I personally believe college costs are overestimated. It’s nice to put a dent in it, but ignore the pressure to have it all saved up before it starts.

Here’s my anectdote, it’s not one person it’s about 7 or 8. I’ve got a gaggle of relatives with kids in various UC and CS schools. They go to some seminar that the school puts on or check the website and freak out. Since I’m the math cousin, I get either the phone call or the story at thanksgiving that UC and CS schools cost 30 or 40k a year because that’s what the school said. Then I look at the numbers on the school website because I’m not that old and I seemed to have gotten by on peanuts. So I look at the website’s cost estimate and they list health insurance, car insurance, gas, food, and all this other stuff into their formula. But unless you are plucking some kid out of a hut in some foreign country, you are already paying for that stuff and doing fine. Just figure the actual rent and tuition. High schoolers already cost you insurance, car, gas, car insurance, cell phones, sports, proms, pictures, food, cable t.v., electricity, you need to back out the cost of the things you are paying for now. You don’t just start feeding them the day they go to college.

(can I have a side rant here, the cost of having teenagers is ridiculous, the new higher tuition rates at California state universities is $5800 a year, the cost of having a kid that is a high school cheerleader is $2400, With club sports, high school sports and all the other crap, I can’t wait for college to start so I can save money).

They can live in crampt, disgusting conditions, survive on macaroni and cheese, drink lucky lager, get a crappy job, shop at thrift stores and realize how good they had it when they lived at home. Don’t rob them of life’s greatest lesson, poverty! I did it and i would do it again tomorrow, I had a couple silver spoons in my mouth until the day I landed on campus and I learned more because my parents didn’t have a pile of money set aside for me. I kinda think that was by design. Come to think of it I was pitiful, I had never done a load of laundry or operated a vaccuum, I had never cooked a thing, I’m not sure i even picked my laundry up until day 1 of college. They paid my tuition, gave me x number of dollars for the rest and wished me well. About 30 days into it, i was broke, called home and was told that i needed to figure it out myself. Nothing I learned in the classroom compared to what that taught me. I budgeted, I found ways to do things cheaper and I started visiting my grandmas on weekends and called them often, why? Not because mom told me to, but because I learned real quick that they have food, in exchange for hugs, kisses and a few hours of conversation, you can fill your belly and usually you left with a bag of groceries. What started out as a selfish act to cure starvation, ended up with hundreds of lessons from my elders that otherwise i would have never listened to. Depression era stories had no meaning until then.

So just play with your babies, if they have to fend for themselves a little when they go to college, trust me, they will thank you twenty years later.

[temeculaguy]

I picked up on one word, “crib.” Don’t worry so much, that is not the investment phase of life. “Getting by” is just fine when you are at the “crib” phase of life, you should just enjoy it.

Ray has a point, don’t get caught up in the hype that you need their entire educational expenses paid in full the day they finish high school.

Even without student loans, college savings pick up steam near the finish line, and there’s nothing that says you can’t pay some of it while they are in school. When they are little, you work less, you tend to earn less and you spend more time with them. Once the kiddos are young adults, you are in the prime of your earning years, you can work more because they can and will want to do more by themselves and I personally believe college costs are overestimated. It’s nice to put a dent in it, but ignore the pressure to have it all saved up before it starts.

Here’s my anectdote, it’s not one person it’s about 7 or 8. I’ve got a gaggle of relatives with kids in various UC and CS schools. They go to some seminar that the school puts on or check the website and freak out. Since I’m the math cousin, I get either the phone call or the story at thanksgiving that UC and CS schools cost 30 or 40k a year because that’s what the school said. Then I look at the numbers on the school website because I’m not that old and I seemed to have gotten by on peanuts. So I look at the website’s cost estimate and they list health insurance, car insurance, gas, food, and all this other stuff into their formula. But unless you are plucking some kid out of a hut in some foreign country, you are already paying for that stuff and doing fine. Just figure the actual rent and tuition. High schoolers already cost you insurance, car, gas, car insurance, cell phones, sports, proms, pictures, food, cable t.v., electricity, you need to back out the cost of the things you are paying for now. You don’t just start feeding them the day they go to college.

(can I have a side rant here, the cost of having teenagers is ridiculous, the new higher tuition rates at California state universities is $5800 a year, the cost of having a kid that is a high school cheerleader is $2400, With club sports, high school sports and all the other crap, I can’t wait for college to start so I can save money).

They can live in crampt, disgusting conditions, survive on macaroni and cheese, drink lucky lager, get a crappy job, shop at thrift stores and realize how good they had it when they lived at home. Don’t rob them of life’s greatest lesson, poverty! I did it and i would do it again tomorrow, I had a couple silver spoons in my mouth until the day I landed on campus and I learned more because my parents didn’t have a pile of money set aside for me. I kinda think that was by design. Come to think of it I was pitiful, I had never done a load of laundry or operated a vaccuum, I had never cooked a thing, I’m not sure i even picked my laundry up until day 1 of college. They paid my tuition, gave me x number of dollars for the rest and wished me well. About 30 days into it, i was broke, called home and was told that i needed to figure it out myself. Nothing I learned in the classroom compared to what that taught me. I budgeted, I found ways to do things cheaper and I started visiting my grandmas on weekends and called them often, why? Not because mom told me to, but because I learned real quick that they have food, in exchange for hugs, kisses and a few hours of conversation, you can fill your belly and usually you left with a bag of groceries. What started out as a selfish act to cure starvation, ended up with hundreds of lessons from my elders that otherwise i would have never listened to. Depression era stories had no meaning until then.

So just play with your babies, if they have to fend for themselves a little when they go to college, trust me, they will thank you twenty years later.

[temeculaguy]

I picked up on one word, “crib.” Don’t worry so much, that is not the investment phase of life. “Getting by” is just fine when you are at the “crib” phase of life, you should just enjoy it.

Ray has a point, don’t get caught up in the hype that you need their entire educational expenses paid in full the day they finish high school.

Even without student loans, college savings pick up steam near the finish line, and there’s nothing that says you can’t pay some of it while they are in school. When they are little, you work less, you tend to earn less and you spend more time with them. Once the kiddos are young adults, you are in the prime of your earning years, you can work more because they can and will want to do more by themselves and I personally believe college costs are overestimated. It’s nice to put a dent in it, but ignore the pressure to have it all saved up before it starts.

Here’s my anectdote, it’s not one person it’s about 7 or 8. I’ve got a gaggle of relatives with kids in various UC and CS schools. They go to some seminar that the school puts on or check the website and freak out. Since I’m the math cousin, I get either the phone call or the story at thanksgiving that UC and CS schools cost 30 or 40k a year because that’s what the school said. Then I look at the numbers on the school website because I’m not that old and I seemed to have gotten by on peanuts. So I look at the website’s cost estimate and they list health insurance, car insurance, gas, food, and all this other stuff into their formula. But unless you are plucking some kid out of a hut in some foreign country, you are already paying for that stuff and doing fine. Just figure the actual rent and tuition. High schoolers already cost you insurance, car, gas, car insurance, cell phones, sports, proms, pictures, food, cable t.v., electricity, you need to back out the cost of the things you are paying for now. You don’t just start feeding them the day they go to college.

(can I have a side rant here, the cost of having teenagers is ridiculous, the new higher tuition rates at California state universities is $5800 a year, the cost of having a kid that is a high school cheerleader is $2400, With club sports, high school sports and all the other crap, I can’t wait for college to start so I can save money).

They can live in crampt, disgusting conditions, survive on macaroni and cheese, drink lucky lager, get a crappy job, shop at thrift stores and realize how good they had it when they lived at home. Don’t rob them of life’s greatest lesson, poverty! I did it and i would do it again tomorrow, I had a couple silver spoons in my mouth until the day I landed on campus and I learned more because my parents didn’t have a pile of money set aside for me. I kinda think that was by design. Come to think of it I was pitiful, I had never done a load of laundry or operated a vaccuum, I had never cooked a thing, I’m not sure i even picked my laundry up until day 1 of college. They paid my tuition, gave me x number of dollars for the rest and wished me well. About 30 days into it, i was broke, called home and was told that i needed to figure it out myself. Nothing I learned in the classroom compared to what that taught me. I budgeted, I found ways to do things cheaper and I started visiting my grandmas on weekends and called them often, why? Not because mom told me to, but because I learned real quick that they have food, in exchange for hugs, kisses and a few hours of conversation, you can fill your belly and usually you left with a bag of groceries. What started out as a selfish act to cure starvation, ended up with hundreds of lessons from my elders that otherwise i would have never listened to. Depression era stories had no meaning until then.

So just play with your babies, if they have to fend for themselves a little when they go to college, trust me, they will thank you twenty years later.

[temeculaguy]

I picked up on one word, “crib.” Don’t worry so much, that is not the investment phase of life. “Getting by” is just fine when you are at the “crib” phase of life, you should just enjoy it.

Ray has a point, don’t get caught up in the hype that you need their entire educational expenses paid in full the day they finish high school.

Even without student loans, college savings pick up steam near the finish line, and there’s nothing that says you can’t pay some of it while they are in school. When they are little, you work less, you tend to earn less and you spend more time with them. Once the kiddos are young adults, you are in the prime of your earning years, you can work more because they can and will want to do more by themselves and I personally believe college costs are overestimated. It’s nice to put a dent in it, but ignore the pressure to have it all saved up before it starts.

Here’s my anectdote, it’s not one person it’s about 7 or 8. I’ve got a gaggle of relatives with kids in various UC and CS schools. They go to some seminar that the school puts on or check the website and freak out. Since I’m the math cousin, I get either the phone call or the story at thanksgiving that UC and CS schools cost 30 or 40k a year because that’s what the school said. Then I look at the numbers on the school website because I’m not that old and I seemed to have gotten by on peanuts. So I look at the website’s cost estimate and they list health insurance, car insurance, gas, food, and all this other stuff into their formula. But unless you are plucking some kid out of a hut in some foreign country, you are already paying for that stuff and doing fine. Just figure the actual rent and tuition. High schoolers already cost you insurance, car, gas, car insurance, cell phones, sports, proms, pictures, food, cable t.v., electricity, you need to back out the cost of the things you are paying for now. You don’t just start feeding them the day they go to college.

(can I have a side rant here, the cost of having teenagers is ridiculous, the new higher tuition rates at California state universities is $5800 a year, the cost of having a kid that is a high school cheerleader is $2400, With club sports, high school sports and all the other crap, I can’t wait for college to start so I can save money).

They can live in crampt, disgusting conditions, survive on macaroni and cheese, drink lucky lager, get a crappy job, shop at thrift stores and realize how good they had it when they lived at home. Don’t rob them of life’s greatest lesson, poverty! I did it and i would do it again tomorrow, I had a couple silver spoons in my mouth until the day I landed on campus and I learned more because my parents didn’t have a pile of money set aside for me. I kinda think that was by design. Come to think of it I was pitiful, I had never done a load of laundry or operated a vaccuum, I had never cooked a thing, I’m not sure i even picked my laundry up until day 1 of college. They paid my tuition, gave me x number of dollars for the rest and wished me well. About 30 days into it, i was broke, called home and was told that i needed to figure it out myself. Nothing I learned in the classroom compared to what that taught me. I budgeted, I found ways to do things cheaper and I started visiting my grandmas on weekends and called them often, why? Not because mom told me to, but because I learned real quick that they have food, in exchange for hugs, kisses and a few hours of conversation, you can fill your belly and usually you left with a bag of groceries. What started out as a selfish act to cure starvation, ended up with hundreds of lessons from my elders that otherwise i would have never listened to. Depression era stories had no meaning until then.

So just play with your babies, if they have to fend for themselves a little when they go to college, trust me, they will thank you twenty years later.

[temeculaguy]

I think most financial planners focus on investments as opposed to household budgets. I don’t believe it would be worth it to pay someone to tell you where to not waste money, the very idea seems contradictory. I have seen older posts where people have posted their actual budget and piggs have chimed in with various ideas where the waste is and what they do to save money in that area, maybe try that, don’t think anyone would mind. We’ve had lengthy discussions and cost saving ideas on many individual topics, from cable t.v. to tithing and everything in between. As a group, we are pretty tight with our money, I’ve learned a lot of tricks over the years from fellow piggies.

If publicly throwing out your budget isn’t what you would like to do, or if the bills aren’t the problem and the “incidentals” are what’s killing you, then might I suggest an old school budget for a little while. It’s easy and fun.

1. stop all your “autopay” functions, write a check for all bills and keep a ledgerbook of the checks you’ve written and list the bills on the opposing page with an “estimate” and an “actual.” I advise against software or electronic devices for this lesson, do it for six months, keep the ledger book with the bills and in a place you both have access to.

2. Put the credit cards and atm cards in a box or vow not to use them unless it is a true emergency.

3. Get some envelopes, write the names of a few categories (food, clothing, entertainment, Etc.) on the outside. Determine an amount to be placed in each envelope on each payday, an amount that won’t get in the way of all the normal bills plus a little extra that will build up in your checking to provide incentive, but you can’t spend that. Then when the next payday rolls around, whatever is left in the envelopes gets rolled into a slush fund envelope. So you will have to earn your discretionary spending money.

4. Make sure that you get some pocket money each payday, otherwise you will feel bad, your pocket money doesn’t get rolled into the slush fund.

5. If you want to buy a piece of furniture or take a little trip, it has to be paid in cash and from the slush fund, nothing can be financed, avoid paying interest on anything, interest is the enemy, if you don’t have the cash, dont get it.
Holidays and gifts must be paid out of the slush fund, you wont want flowers anymore because they will come out of your slush fund, set price limits or skip gift giving during this experiment. Financial security is a gift, mor precious than jewels.

In six months, see how you did, see if your savings increased, if you get a raise at work or an income tax refund, use it to pay off debts or save it, you can’t spend it, you have to live within the envelope system. The money you save on interest or forgoing big ticket items will begin to accumulate in your savings account.

There, you just saved $500 on a financial planner, who would have probably just told you to make your own coffee and pack a lunch.

I was taught this long ago, I’ve gone back to auto pay and atm cards, but I still use many of the lessons, some of them will never leave you. Now i have electronic envelopes, but it still works the same, and paying interest is still the enemy.

[Author]

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