Search found 947 matches

by Scott 2
Mon Jan 22, 2018 9:53 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Service people - absolutely. My experience with the local tire shop vs. firestone, no contest. I'll pay every time. Our plumber lives 10 minutes away. If the service person's wife answers the phone, that's a great sign. Independent grocers - I cannot justify the ongoing hassle of niche ethnic market...
by Scott 2
Sun Jan 21, 2018 4:29 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

I know it's a joke, but gifting (upon death) is the default "easy" solution to cash hoarding. I can't shake the feeling that accumulating a high score until then is wasted potential. Maximizing quality of life, by optimally deploying assets today, is an interesting problem. Excellent point on food w...
by Scott 2
Sun Jan 21, 2018 12:04 pm
Forum: ERE Journals
Topic: The Yagna
Replies: 10
Views: 490

Re: The Yagna

https://en.wikipedia.org/wiki/Yajna Lots of software folks here, the profession is playing ERE on easy mode. I bet you have at least one co-worker with a boat. Your compensation could grow a lot in 5 years. My experience is it makes walking away very difficult. I encourage you to pursue those experi...
by Scott 2
Sun Jan 21, 2018 11:51 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

I can't bring myself to lump sum invest the cash I accumulated last year. Given it is likely to lose value, there are probably better ways it can generate real benefit in day to day life. For me, allocating money this way is much, much harder than spending the minimum I can tolerate. Justifying a fi...
by Scott 2
Fri Jan 12, 2018 8:35 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

We mostly wander between the hot tub and the two pools. It's pretty leisurely and social. I did find an annual couples membership gets the cost down to $80 a person per month. That's better, but it's also a recurring cost of $1000 a year. We'll see. I do decline activities if I don't want to be arou...
by Scott 2
Tue Jan 09, 2018 11:01 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Did my wife send you? That is the argument in favor. Once a week works out to $25 a swim. Expensive exercise, cheap date. It is one of the nicer gyms in it area. Not my people, so to speak. There's a training pool by us that is $35/month, but other than a very nice lap pool, I think it's super bare ...
by Scott 2
Mon Jan 08, 2018 10:03 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Progress: 1. Setup auto-investment of surplus cashflow into target funds. Have not pulled the trigger on large a lump sum cash investment. Still waiting on the HSA auto-sweep to kick in before I invest there. I have to pay per transaction in the hsa. 2. Blood work came back. It was surprisingly good...
by Scott 2
Sun Jan 07, 2018 1:23 pm
Forum: Work & Education
Topic: Leaving a job before the one year mark?
Replies: 12
Views: 624

Re: Leaving a job before the one year mark?

I've been slow to change employers. So far - 8 years, 2 years, 7 years. The 2 year company was full of problems. The 7 year company is my current, I'll probably hang around for years to come, because I've maxed out the responsibility level I am interested in, and they treat me well despite it. I do ...
by Scott 2
Sun Jan 07, 2018 9:34 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Progress: 1. Started cash centralization. Waiting for January interest to pay out so I can close a "zero balance" savings account. Setup the HSA auto sweep function, which has yet to trigger. I also started the process of getting my employer to pay the HSA account fee, meaning soon I can dip below 5...
by Scott 2
Sun Jan 07, 2018 8:58 am
Forum: Work & Education
Topic: Leaving a job before the one year mark?
Replies: 12
Views: 624

Re: Leaving a job before the one year mark?

Some pros for sticking around: There are often benefits that accumulate. 3 weeks vacation vs. 2. Ability to contribute to 401k. Vesting in dollar match against the 401k. Profit sharing. Etc. Someone who jumps ship every year or two, goes through those accumulation periods repeatedly. The person chan...
by Scott 2
Sat Jan 06, 2018 9:45 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Progress: 1. I loaded my accounts into personal capital. The exercise showed for all my focus on "the US stock market is over valued", I am really much more diversified than that. Outside my 401k, in investment accounts, I am only 40% allocated to US stocks. Adding the 401k takes that to 49%. But if...
by Scott 2
Fri Jan 05, 2018 8:24 pm
Forum: Money Questions
Topic: Robo-advisors
Replies: 8
Views: 433

Re: Robo-advisors

So marketing is the innovation. Got it.
by Scott 2
Wed Jan 03, 2018 8:05 pm
Forum: Money Questions
Topic: Robo-advisors
Replies: 8
Views: 433

Re: Robo-advisors

I see the prospect of set it and forget it as appealing. But the more I look, I'm not confident after fees, they improve upon my target retirement funds. As Jason predicts, the portfolios are essentially a blend of index funds, or a blend of assets approximating said funds. It is a good way to lure ...
by Scott 2
Tue Jan 02, 2018 9:53 am
Forum: Money Questions
Topic: Robo-advisors
Replies: 8
Views: 433

Re: Robo-advisors

An anti-article:

http://gocurrycracker.com/why-bettermen ... r-dollars/

Long term maybe the tax loss harvesting isn't a gain, especially after robo fees.
by Scott 2
Tue Jan 02, 2018 9:01 am
Forum: Money Questions
Topic: Robo-advisors
Replies: 8
Views: 433

Robo-advisors

Anyone have personal experience using one of the robo-advisors? In my quest to improve on throwing money into a target retirement index fund, as well as holding onto cash out of fear, I stumbled across these. A couple interesting articles: https://www.cashcowcouple.com/wealthfront-vs-betterment-vs-m...
by Scott 2
Mon Jan 01, 2018 8:27 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

I think the right budget yields actionable information. I agree non-financial capital is worthy of consideration, but only if it will change behavior. In my specific case, I would work more before I would leave my geographic area. My housing and health care have strong constraints, so I find it valu...
by Scott 2
Mon Jan 01, 2018 11:06 am
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

Good to know there are others. The frugal superstars could be a minority. Watching dollars going out, $1000 a month seemed a very attainable goal. Disclosure of imputed costs changes the picture. As much as I want it to be true, the claim my lifestyle costs $12-15k per year is misleading. My budgeti...
by Scott 2
Sun Dec 31, 2017 3:36 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

2018 Budgeting 2018 budgeting suggests previous retirement cost projections were far too optimistic. Healthcare and insurance costs are soaring. I am no longer confident in the ACA subsidies. My aging home, car, body, and pets need unplanned maintenance. While cash flow demands are low, my current ...
by Scott 2
Sun Dec 31, 2017 3:33 pm
Forum: ERE Journals
Topic: What I Spend
Replies: 45
Views: 3516

Re: What I Spend

December 2017 Total - $1451 of $1400 budget Good – Spent to plan, except groceries. Optimizations are on track for next month. Scheduled a checkup and found my HSA card. Major work improvements ensure a stable income stream through 2018. Bad – Groceries went way high. The cost of living is rising. ...
by Scott 2
Fri Dec 29, 2017 4:32 pm
Forum: Friends & Family Questions
Topic: Significant others: Having the talk ...
Replies: 48
Views: 6323

Re: Significant others: Having the talk ...

My wife and I started dating at 16, so we talked about money as we (I really) learned about it. The toughest part was understanding my perspective does not determine her perspective. I still need a reminder from time to time. Our incomes diverged by our early twenties, and that definitely challenged...
by Scott 2
Thu Dec 28, 2017 3:22 pm
Forum: Friends & Family Questions
Topic: Significant others: Having the talk ...
Replies: 48
Views: 6323

Re: Significant others: Having the talk ...

You need to provide a more rewarding alternative to the high consumption behavior. Telling her she's wrong won't cut it, you have to offer the experience. It might not be a bad idea to give her experience a try first, appreciate what she values about it, etc. That would be a great way to open the di...
by Scott 2
Thu Dec 28, 2017 3:13 pm
Forum: Work & Education
Topic: What matters more, the process or the goal?
Replies: 22
Views: 1126

Re: What matters more, the process or the goal?

The goal establishes a metric to guide the process. As the metric grows stale (ceases to drive positive adaption), it needs to change. It may be you can tie a new metric back to that over-reaching goal, it may be you've learned enough that the goal itself must change. On easy mode, your process cons...
by Scott 2
Wed Dec 27, 2017 11:26 am
Forum: Health Questions
Topic: Bulking up healthy but innexpensively
Replies: 31
Views: 2110

Re: Bulking up healthy but innexpensively

Outside of the metabolic impact being heavier has, breakdown of the joints is the biggest problem I've observed from exercise. Not limited to lifters, but anyone that goes full bore into their physical activity of choice. Runners lose their knees, yogis their hips, swimmers their shoulders, etc. I t...
by Scott 2
Wed Dec 27, 2017 11:09 am
Forum: Friends & Family Questions
Topic: Discussing money matters
Replies: 23
Views: 1340

Re: Discussing money matters

My wife, parents and best friend get full disclosure. Their money behaviors are very similar to mine. To some extent, we feed off of each other's frugality and financial discipline. It's helpful to share. Another close couple with similar incomes, who consumes more, but is very grounded, has an idea...
by Scott 2
Wed Dec 27, 2017 10:41 am
Forum: Health Questions
Topic: Bulking up healthy but innexpensively
Replies: 31
Views: 2110

Re: Bulking up healthy but innexpensively

The strain of lifting is physically and mentally cathartic. I love the ritual in my week. The ceremony of training anchors my day. Knowing to perform well, I must recover, motivates me to care for my body. It is one of the few physical activities I truly enjoy. Part of the fun is getting better. Doi...