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April 15, 2008 at 9:40 AM in reply to: What did it cost to take a family to the Carlsbad Flower fields? #187518April 15, 2008 at 9:40 AM in reply to: What did it cost to take a family to the Carlsbad Flower fields? #187525
zzz
ParticipantFree things to do with or without kids:
Balboa botanical gardensTuesday museums free in Balboa Park – select museum is free each Tuesday
Hiking in all the wonderful nature around town.
http://www.sandiego.org/article/Visitors/795
Nostra- I tried to track all my expenses through a spreadsheet, but I found it too laborious and that it really didn’t shed any light for me. But good for you and I hear friends who do it find it therapeutic or enjoyable….much like cleaning is for others.
I agree with the Starbucks thing – I believe its called the “latte factor” from the book The Automatic Millionnaire. Instead of focusing on the $1 here, $1 there, I have simply adapted a lifestyle where after I figure my fixed costs – rent, insurance, car, etc…I then decide how much I want to save…and I’ve made it fairly automatic. The rest I can do whatever I want with. I’ve made food a variable cost as I can choose to eat only perishables that are on sale, splurge on food, etc.
On the bottled water topic – if you have babies – think about the toxins from the baby bottles!
Anyone found a good solution for avoiding bottled water when traveling / mobile, other than toting around a stainless steel refillable water bottle?
ParticipantThere are some changes that are being made to the model for how the scores get calculated: http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores
Im not a FICO score expert, but you should have your credit score run, as well as your credit report, and take a look at what shows up. I do know that anything you put on a revolving card shows up – and the % of credit you have used, against all your available credit impacts your score. Why? Because lets say you have 20K credit available, and you have 18K charged…if you were to say have problems paying your home, most people start charging everything on their credit cards before they give up and default. If you only have 2K available, you don’t have much of a cushion. In a recent credit report I ran in January, it showed only my balances as of November. There is typically a lag in reporting.
Since your card is presumably revolving, you could technically not pay off your card every month. However since the credit cards report your balance every month, I’m not sure if the “new” recipe calculates the delta from month to month to see if you are a charge and pay off person or one who’s accumulating more debt each month.
ParticipantThere are some changes that are being made to the model for how the scores get calculated: http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores
Im not a FICO score expert, but you should have your credit score run, as well as your credit report, and take a look at what shows up. I do know that anything you put on a revolving card shows up – and the % of credit you have used, against all your available credit impacts your score. Why? Because lets say you have 20K credit available, and you have 18K charged…if you were to say have problems paying your home, most people start charging everything on their credit cards before they give up and default. If you only have 2K available, you don’t have much of a cushion. In a recent credit report I ran in January, it showed only my balances as of November. There is typically a lag in reporting.
Since your card is presumably revolving, you could technically not pay off your card every month. However since the credit cards report your balance every month, I’m not sure if the “new” recipe calculates the delta from month to month to see if you are a charge and pay off person or one who’s accumulating more debt each month.
ParticipantThere are some changes that are being made to the model for how the scores get calculated: http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores
Im not a FICO score expert, but you should have your credit score run, as well as your credit report, and take a look at what shows up. I do know that anything you put on a revolving card shows up – and the % of credit you have used, against all your available credit impacts your score. Why? Because lets say you have 20K credit available, and you have 18K charged…if you were to say have problems paying your home, most people start charging everything on their credit cards before they give up and default. If you only have 2K available, you don’t have much of a cushion. In a recent credit report I ran in January, it showed only my balances as of November. There is typically a lag in reporting.
Since your card is presumably revolving, you could technically not pay off your card every month. However since the credit cards report your balance every month, I’m not sure if the “new” recipe calculates the delta from month to month to see if you are a charge and pay off person or one who’s accumulating more debt each month.
ParticipantThere are some changes that are being made to the model for how the scores get calculated: http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores
Im not a FICO score expert, but you should have your credit score run, as well as your credit report, and take a look at what shows up. I do know that anything you put on a revolving card shows up – and the % of credit you have used, against all your available credit impacts your score. Why? Because lets say you have 20K credit available, and you have 18K charged…if you were to say have problems paying your home, most people start charging everything on their credit cards before they give up and default. If you only have 2K available, you don’t have much of a cushion. In a recent credit report I ran in January, it showed only my balances as of November. There is typically a lag in reporting.
Since your card is presumably revolving, you could technically not pay off your card every month. However since the credit cards report your balance every month, I’m not sure if the “new” recipe calculates the delta from month to month to see if you are a charge and pay off person or one who’s accumulating more debt each month.
ParticipantThere are some changes that are being made to the model for how the scores get calculated: http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores
Im not a FICO score expert, but you should have your credit score run, as well as your credit report, and take a look at what shows up. I do know that anything you put on a revolving card shows up – and the % of credit you have used, against all your available credit impacts your score. Why? Because lets say you have 20K credit available, and you have 18K charged…if you were to say have problems paying your home, most people start charging everything on their credit cards before they give up and default. If you only have 2K available, you don’t have much of a cushion. In a recent credit report I ran in January, it showed only my balances as of November. There is typically a lag in reporting.
Since your card is presumably revolving, you could technically not pay off your card every month. However since the credit cards report your balance every month, I’m not sure if the “new” recipe calculates the delta from month to month to see if you are a charge and pay off person or one who’s accumulating more debt each month.
ParticipantTo sdnerd’s point that IT is still growing by leaps and bounds, I would have to say based on the number of jobs out there, there is still a lot of demand for IT talent, and people are still moving here for those six figure jobs. Now that’s not to say that the real estate folks aren’t moving out, because they are. But I do agree with sdnerd that there are a lot more 20/30 somethings that have some serious cash. I have also found that SD is filled with a lot of niche businesses that generate a lot of money – and cater to segments that are “less” affected by recessions – meaning that they are doing incredibly well in this market, even better than last year despite the downturn. Very few people I know work for big companies, most work for smaller to mid size firms that have been in business for 10+ years- that are not VC funded. A lot of people I know also work for non SD headquartered businesses – IE bay area companies that have staff down here, or are self employed, own their own companies.
I would also support him that a couple has no problem making 150-200K as a dual income in their mid or late 20’s.
I know many people who worked in other major markets (SF, Chicago, NY) and made 150K+ for many years starting in their mid 20s, early 30s, before moving here. I know its crazy to think some people right out of college made 70-90K at age 21 or 22, but that is the reality in some fields, and often switched jobs every 1-2 years and bumped their pay every time they made a switch.As SD Realtor has stated many times – there are many reasons why people buy homes. I know of many people in their 30s who are looking to buy in the next year- with substantial cash reserves. They are not looking at their home as an investment opportunity, they simply just want a home. I can’t question the sanity of it, I just happen to agree with sdnerd that there is demand out there – rational or not. I’m not suggesting the demand is great enough to prop up this market – just that it might cause some seasonal or temporary exuberance. I am often surprised by how many people I do know who are willing to buy even though they know the market is going to get worse. Just like I’m often surprised how many people switch luxury cars every 3-5 years despite knowing they lose a substantial portion of the cars value in the first few years. Most people spend their discretionary income on disposable items ( think electronics), entertainment ( eating out, vacations, drinking), or on depreciating assets – is it smart to spend $500-$1000/month of eating out/ drinking – no, but people still do it and so I think people too often apply their own rationality to why others do things. People who make a lot of money want to enjoy the fruits of their labor.
ParticipantTo sdnerd’s point that IT is still growing by leaps and bounds, I would have to say based on the number of jobs out there, there is still a lot of demand for IT talent, and people are still moving here for those six figure jobs. Now that’s not to say that the real estate folks aren’t moving out, because they are. But I do agree with sdnerd that there are a lot more 20/30 somethings that have some serious cash. I have also found that SD is filled with a lot of niche businesses that generate a lot of money – and cater to segments that are “less” affected by recessions – meaning that they are doing incredibly well in this market, even better than last year despite the downturn. Very few people I know work for big companies, most work for smaller to mid size firms that have been in business for 10+ years- that are not VC funded. A lot of people I know also work for non SD headquartered businesses – IE bay area companies that have staff down here, or are self employed, own their own companies.
I would also support him that a couple has no problem making 150-200K as a dual income in their mid or late 20’s.
I know many people who worked in other major markets (SF, Chicago, NY) and made 150K+ for many years starting in their mid 20s, early 30s, before moving here. I know its crazy to think some people right out of college made 70-90K at age 21 or 22, but that is the reality in some fields, and often switched jobs every 1-2 years and bumped their pay every time they made a switch.As SD Realtor has stated many times – there are many reasons why people buy homes. I know of many people in their 30s who are looking to buy in the next year- with substantial cash reserves. They are not looking at their home as an investment opportunity, they simply just want a home. I can’t question the sanity of it, I just happen to agree with sdnerd that there is demand out there – rational or not. I’m not suggesting the demand is great enough to prop up this market – just that it might cause some seasonal or temporary exuberance. I am often surprised by how many people I do know who are willing to buy even though they know the market is going to get worse. Just like I’m often surprised how many people switch luxury cars every 3-5 years despite knowing they lose a substantial portion of the cars value in the first few years. Most people spend their discretionary income on disposable items ( think electronics), entertainment ( eating out, vacations, drinking), or on depreciating assets – is it smart to spend $500-$1000/month of eating out/ drinking – no, but people still do it and so I think people too often apply their own rationality to why others do things. People who make a lot of money want to enjoy the fruits of their labor.
ParticipantTo sdnerd’s point that IT is still growing by leaps and bounds, I would have to say based on the number of jobs out there, there is still a lot of demand for IT talent, and people are still moving here for those six figure jobs. Now that’s not to say that the real estate folks aren’t moving out, because they are. But I do agree with sdnerd that there are a lot more 20/30 somethings that have some serious cash. I have also found that SD is filled with a lot of niche businesses that generate a lot of money – and cater to segments that are “less” affected by recessions – meaning that they are doing incredibly well in this market, even better than last year despite the downturn. Very few people I know work for big companies, most work for smaller to mid size firms that have been in business for 10+ years- that are not VC funded. A lot of people I know also work for non SD headquartered businesses – IE bay area companies that have staff down here, or are self employed, own their own companies.
I would also support him that a couple has no problem making 150-200K as a dual income in their mid or late 20’s.
I know many people who worked in other major markets (SF, Chicago, NY) and made 150K+ for many years starting in their mid 20s, early 30s, before moving here. I know its crazy to think some people right out of college made 70-90K at age 21 or 22, but that is the reality in some fields, and often switched jobs every 1-2 years and bumped their pay every time they made a switch.As SD Realtor has stated many times – there are many reasons why people buy homes. I know of many people in their 30s who are looking to buy in the next year- with substantial cash reserves. They are not looking at their home as an investment opportunity, they simply just want a home. I can’t question the sanity of it, I just happen to agree with sdnerd that there is demand out there – rational or not. I’m not suggesting the demand is great enough to prop up this market – just that it might cause some seasonal or temporary exuberance. I am often surprised by how many people I do know who are willing to buy even though they know the market is going to get worse. Just like I’m often surprised how many people switch luxury cars every 3-5 years despite knowing they lose a substantial portion of the cars value in the first few years. Most people spend their discretionary income on disposable items ( think electronics), entertainment ( eating out, vacations, drinking), or on depreciating assets – is it smart to spend $500-$1000/month of eating out/ drinking – no, but people still do it and so I think people too often apply their own rationality to why others do things. People who make a lot of money want to enjoy the fruits of their labor.
ParticipantTo sdnerd’s point that IT is still growing by leaps and bounds, I would have to say based on the number of jobs out there, there is still a lot of demand for IT talent, and people are still moving here for those six figure jobs. Now that’s not to say that the real estate folks aren’t moving out, because they are. But I do agree with sdnerd that there are a lot more 20/30 somethings that have some serious cash. I have also found that SD is filled with a lot of niche businesses that generate a lot of money – and cater to segments that are “less” affected by recessions – meaning that they are doing incredibly well in this market, even better than last year despite the downturn. Very few people I know work for big companies, most work for smaller to mid size firms that have been in business for 10+ years- that are not VC funded. A lot of people I know also work for non SD headquartered businesses – IE bay area companies that have staff down here, or are self employed, own their own companies.
I would also support him that a couple has no problem making 150-200K as a dual income in their mid or late 20’s.
I know many people who worked in other major markets (SF, Chicago, NY) and made 150K+ for many years starting in their mid 20s, early 30s, before moving here. I know its crazy to think some people right out of college made 70-90K at age 21 or 22, but that is the reality in some fields, and often switched jobs every 1-2 years and bumped their pay every time they made a switch.As SD Realtor has stated many times – there are many reasons why people buy homes. I know of many people in their 30s who are looking to buy in the next year- with substantial cash reserves. They are not looking at their home as an investment opportunity, they simply just want a home. I can’t question the sanity of it, I just happen to agree with sdnerd that there is demand out there – rational or not. I’m not suggesting the demand is great enough to prop up this market – just that it might cause some seasonal or temporary exuberance. I am often surprised by how many people I do know who are willing to buy even though they know the market is going to get worse. Just like I’m often surprised how many people switch luxury cars every 3-5 years despite knowing they lose a substantial portion of the cars value in the first few years. Most people spend their discretionary income on disposable items ( think electronics), entertainment ( eating out, vacations, drinking), or on depreciating assets – is it smart to spend $500-$1000/month of eating out/ drinking – no, but people still do it and so I think people too often apply their own rationality to why others do things. People who make a lot of money want to enjoy the fruits of their labor.
ParticipantTo sdnerd’s point that IT is still growing by leaps and bounds, I would have to say based on the number of jobs out there, there is still a lot of demand for IT talent, and people are still moving here for those six figure jobs. Now that’s not to say that the real estate folks aren’t moving out, because they are. But I do agree with sdnerd that there are a lot more 20/30 somethings that have some serious cash. I have also found that SD is filled with a lot of niche businesses that generate a lot of money – and cater to segments that are “less” affected by recessions – meaning that they are doing incredibly well in this market, even better than last year despite the downturn. Very few people I know work for big companies, most work for smaller to mid size firms that have been in business for 10+ years- that are not VC funded. A lot of people I know also work for non SD headquartered businesses – IE bay area companies that have staff down here, or are self employed, own their own companies.
I would also support him that a couple has no problem making 150-200K as a dual income in their mid or late 20’s.
I know many people who worked in other major markets (SF, Chicago, NY) and made 150K+ for many years starting in their mid 20s, early 30s, before moving here. I know its crazy to think some people right out of college made 70-90K at age 21 or 22, but that is the reality in some fields, and often switched jobs every 1-2 years and bumped their pay every time they made a switch.As SD Realtor has stated many times – there are many reasons why people buy homes. I know of many people in their 30s who are looking to buy in the next year- with substantial cash reserves. They are not looking at their home as an investment opportunity, they simply just want a home. I can’t question the sanity of it, I just happen to agree with sdnerd that there is demand out there – rational or not. I’m not suggesting the demand is great enough to prop up this market – just that it might cause some seasonal or temporary exuberance. I am often surprised by how many people I do know who are willing to buy even though they know the market is going to get worse. Just like I’m often surprised how many people switch luxury cars every 3-5 years despite knowing they lose a substantial portion of the cars value in the first few years. Most people spend their discretionary income on disposable items ( think electronics), entertainment ( eating out, vacations, drinking), or on depreciating assets – is it smart to spend $500-$1000/month of eating out/ drinking – no, but people still do it and so I think people too often apply their own rationality to why others do things. People who make a lot of money want to enjoy the fruits of their labor.
Participantarticles- also anyone have articles regarding proposed gov’t programs to back these refi’s that you can post a link to?
thanks
Participantarticles- also anyone have articles regarding proposed gov’t programs to back these refi’s that you can post a link to?
thanks
Participantarticles- also anyone have articles regarding proposed gov’t programs to back these refi’s that you can post a link to?
thanks
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