[Trojan4Life]

Piggs,

Thanks for the feedback, keep it coming.

A little more input from me:

raybyrnes

-Realize rents do rise, but how long will it take to become the same as a mortgage? Math still favors the rental option for the foreseeable future (3 years).

-leverage equals debt…not big on the kind of home I get for that kind of money right now.

– Tax shelter —good point on Capital gains exlusion

– Estate planning — good point

– College accounts are fully funded for kids

Still not convinced on buying though

FLU

I know that I can’t live in my stocks, but we’re talking about a significant amount of difference in rent vs. buy for that price of a home, not to mention the $$$ I’ll tie up with a downpayment.

I’m an investment novice, so I’d be inclined to go rather conservative.

SOBAY1

Not sure how you came up with 8%, I’m definitely in the 25% bracket and used that number in the online calculator I used.

Thanks for all your input.

Trojan4life

[Trojan4Life]

Piggs,

Thanks for the feedback, keep it coming.

A little more input from me:

raybyrnes

-Realize rents do rise, but how long will it take to become the same as a mortgage? Math still favors the rental option for the foreseeable future (3 years).

-leverage equals debt…not big on the kind of home I get for that kind of money right now.

– Tax shelter —good point on Capital gains exlusion

– Estate planning — good point

– College accounts are fully funded for kids

Still not convinced on buying though

FLU

I know that I can’t live in my stocks, but we’re talking about a significant amount of difference in rent vs. buy for that price of a home, not to mention the $$$ I’ll tie up with a downpayment.

I’m an investment novice, so I’d be inclined to go rather conservative.

SOBAY1

Not sure how you came up with 8%, I’m definitely in the 25% bracket and used that number in the online calculator I used.

Thanks for all your input.

Trojan4life

[Trojan4Life]

Piggs,

Thanks for the feedback, keep it coming.

A little more input from me:

raybyrnes

-Realize rents do rise, but how long will it take to become the same as a mortgage? Math still favors the rental option for the foreseeable future (3 years).

-leverage equals debt…not big on the kind of home I get for that kind of money right now.

– Tax shelter —good point on Capital gains exlusion

– Estate planning — good point

– College accounts are fully funded for kids

Still not convinced on buying though

FLU

I know that I can’t live in my stocks, but we’re talking about a significant amount of difference in rent vs. buy for that price of a home, not to mention the $$$ I’ll tie up with a downpayment.

I’m an investment novice, so I’d be inclined to go rather conservative.

SOBAY1

Not sure how you came up with 8%, I’m definitely in the 25% bracket and used that number in the online calculator I used.

Thanks for all your input.

Trojan4life

[Trojan4Life]

Piggs,

Thanks for the feedback, keep it coming.

A little more input from me:

raybyrnes

-Realize rents do rise, but how long will it take to become the same as a mortgage? Math still favors the rental option for the foreseeable future (3 years).

-leverage equals debt…not big on the kind of home I get for that kind of money right now.

– Tax shelter —good point on Capital gains exlusion

– Estate planning — good point

– College accounts are fully funded for kids

Still not convinced on buying though

FLU

I know that I can’t live in my stocks, but we’re talking about a significant amount of difference in rent vs. buy for that price of a home, not to mention the $$$ I’ll tie up with a downpayment.

I’m an investment novice, so I’d be inclined to go rather conservative.

SOBAY1

Not sure how you came up with 8%, I’m definitely in the 25% bracket and used that number in the online calculator I used.

Thanks for all your input.

Trojan4life

[Trojan4Life]

Piggs,

Thanks for the feedback, keep it coming.

A little more input from me:

raybyrnes

-Realize rents do rise, but how long will it take to become the same as a mortgage? Math still favors the rental option for the foreseeable future (3 years).

-leverage equals debt…not big on the kind of home I get for that kind of money right now.

– Tax shelter —good point on Capital gains exlusion

– Estate planning — good point

– College accounts are fully funded for kids

Still not convinced on buying though

FLU

I know that I can’t live in my stocks, but we’re talking about a significant amount of difference in rent vs. buy for that price of a home, not to mention the $$$ I’ll tie up with a downpayment.

I’m an investment novice, so I’d be inclined to go rather conservative.

SOBAY1

Not sure how you came up with 8%, I’m definitely in the 25% bracket and used that number in the online calculator I used.

Thanks for all your input.

Trojan4life

[Trojan4Life]

Thanks, Adam!

USAF 23 years, 10months, 18 days.

12 years Explosive Ordnance Disposal
3 year Computer Programming
8+ years Communications Officer

Operation Desert Storm and Iraqi Freedom veteran

Civilian workforce time 6 days and counting…

It was a good ride!

Trojan4life

[Trojan4Life]

Thanks, Adam!

USAF 23 years, 10months, 18 days.

12 years Explosive Ordnance Disposal
3 year Computer Programming
8+ years Communications Officer

Operation Desert Storm and Iraqi Freedom veteran

Civilian workforce time 6 days and counting…

It was a good ride!

Trojan4life

[Trojan4Life]

Thanks, Adam!

USAF 23 years, 10months, 18 days.

12 years Explosive Ordnance Disposal
3 year Computer Programming
8+ years Communications Officer

Operation Desert Storm and Iraqi Freedom veteran

Civilian workforce time 6 days and counting…

It was a good ride!

Trojan4life

[Trojan4Life]

Thanks, Adam!

USAF 23 years, 10months, 18 days.

12 years Explosive Ordnance Disposal
3 year Computer Programming
8+ years Communications Officer

Operation Desert Storm and Iraqi Freedom veteran

Civilian workforce time 6 days and counting…

It was a good ride!

Trojan4life

[Trojan4Life]

Thanks, Adam!

USAF 23 years, 10months, 18 days.

12 years Explosive Ordnance Disposal
3 year Computer Programming
8+ years Communications Officer

Operation Desert Storm and Iraqi Freedom veteran

Civilian workforce time 6 days and counting…

It was a good ride!

Trojan4life

[Trojan4Life]

This has become the responsibility of the parent(s), and with the knuckleheads out there today with kids and serious debt, we’re in huge trouble!

We teach our children (9 yrs old and 7 yrs old) about the value of money and why it’s important to save a portion of their money for the proverbial “rainy day.” My 9 yr old has over $6K in the bank, my 7 yr old over $4k. We’ve saved every penny they’ve ever received as a gift and we have a policy of dropping $100 in their accounts on birthdays and Christmas.

My kids wear clothes my wife buys for them at garage sales, which are high-quality clothes that we pay next to nothing for. I mean, my daughter wears Roxy stuff and we typically pay .25 or .50 per item. My son isn’t into labels, so he wears cargo shorts and t-shirts. My wife shops at Target for herself and I buy my work clothes at Ross. I really can’t see a discernable difference in how I look compared to anyone else in the office. I’m wearing Pierre Cardin and other name brands at 1/4th the price of main stores. My kids have these values now as well. My kids will see the way something is priced brand new and say “That’s a rip off.”

It all comes from the parents. Some of you may be 180 degrees out from either a radically conservative or liberal spender, but I would suspect you learned a lesson from their radical ways and decided not to follow their example.

Trojan4life

[Trojan4Life]

This has become the responsibility of the parent(s), and with the knuckleheads out there today with kids and serious debt, we’re in huge trouble!

We teach our children (9 yrs old and 7 yrs old) about the value of money and why it’s important to save a portion of their money for the proverbial “rainy day.” My 9 yr old has over $6K in the bank, my 7 yr old over $4k. We’ve saved every penny they’ve ever received as a gift and we have a policy of dropping $100 in their accounts on birthdays and Christmas.

My kids wear clothes my wife buys for them at garage sales, which are high-quality clothes that we pay next to nothing for. I mean, my daughter wears Roxy stuff and we typically pay .25 or .50 per item. My son isn’t into labels, so he wears cargo shorts and t-shirts. My wife shops at Target for herself and I buy my work clothes at Ross. I really can’t see a discernable difference in how I look compared to anyone else in the office. I’m wearing Pierre Cardin and other name brands at 1/4th the price of main stores. My kids have these values now as well. My kids will see the way something is priced brand new and say “That’s a rip off.”

It all comes from the parents. Some of you may be 180 degrees out from either a radically conservative or liberal spender, but I would suspect you learned a lesson from their radical ways and decided not to follow their example.

Trojan4life

[Trojan4Life]

This has become the responsibility of the parent(s), and with the knuckleheads out there today with kids and serious debt, we’re in huge trouble!

We teach our children (9 yrs old and 7 yrs old) about the value of money and why it’s important to save a portion of their money for the proverbial “rainy day.” My 9 yr old has over $6K in the bank, my 7 yr old over $4k. We’ve saved every penny they’ve ever received as a gift and we have a policy of dropping $100 in their accounts on birthdays and Christmas.

My kids wear clothes my wife buys for them at garage sales, which are high-quality clothes that we pay next to nothing for. I mean, my daughter wears Roxy stuff and we typically pay .25 or .50 per item. My son isn’t into labels, so he wears cargo shorts and t-shirts. My wife shops at Target for herself and I buy my work clothes at Ross. I really can’t see a discernable difference in how I look compared to anyone else in the office. I’m wearing Pierre Cardin and other name brands at 1/4th the price of main stores. My kids have these values now as well. My kids will see the way something is priced brand new and say “That’s a rip off.”

It all comes from the parents. Some of you may be 180 degrees out from either a radically conservative or liberal spender, but I would suspect you learned a lesson from their radical ways and decided not to follow their example.

Trojan4life

[Trojan4Life]

This has become the responsibility of the parent(s), and with the knuckleheads out there today with kids and serious debt, we’re in huge trouble!

We teach our children (9 yrs old and 7 yrs old) about the value of money and why it’s important to save a portion of their money for the proverbial “rainy day.” My 9 yr old has over $6K in the bank, my 7 yr old over $4k. We’ve saved every penny they’ve ever received as a gift and we have a policy of dropping $100 in their accounts on birthdays and Christmas.

My kids wear clothes my wife buys for them at garage sales, which are high-quality clothes that we pay next to nothing for. I mean, my daughter wears Roxy stuff and we typically pay .25 or .50 per item. My son isn’t into labels, so he wears cargo shorts and t-shirts. My wife shops at Target for herself and I buy my work clothes at Ross. I really can’t see a discernable difference in how I look compared to anyone else in the office. I’m wearing Pierre Cardin and other name brands at 1/4th the price of main stores. My kids have these values now as well. My kids will see the way something is priced brand new and say “That’s a rip off.”

It all comes from the parents. Some of you may be 180 degrees out from either a radically conservative or liberal spender, but I would suspect you learned a lesson from their radical ways and decided not to follow their example.

Trojan4life

[Trojan4Life]

This has become the responsibility of the parent(s), and with the knuckleheads out there today with kids and serious debt, we’re in huge trouble!

We teach our children (9 yrs old and 7 yrs old) about the value of money and why it’s important to save a portion of their money for the proverbial “rainy day.” My 9 yr old has over $6K in the bank, my 7 yr old over $4k. We’ve saved every penny they’ve ever received as a gift and we have a policy of dropping $100 in their accounts on birthdays and Christmas.

My kids wear clothes my wife buys for them at garage sales, which are high-quality clothes that we pay next to nothing for. I mean, my daughter wears Roxy stuff and we typically pay .25 or .50 per item. My son isn’t into labels, so he wears cargo shorts and t-shirts. My wife shops at Target for herself and I buy my work clothes at Ross. I really can’t see a discernable difference in how I look compared to anyone else in the office. I’m wearing Pierre Cardin and other name brands at 1/4th the price of main stores. My kids have these values now as well. My kids will see the way something is priced brand new and say “That’s a rip off.”

It all comes from the parents. Some of you may be 180 degrees out from either a radically conservative or liberal spender, but I would suspect you learned a lesson from their radical ways and decided not to follow their example.

Trojan4life

[Author]

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