So do I...then I mess it up and have to call a real man.
Yup! And rather than getting a divorce over it they worked on it, probably went to church, then lived happily ever after!
Looks like you did an awesome job bmb. You're a perfect example of winning large through really smart planning.I grew up in south O relatively poor. I lived at home and worked while going to college so I wouldn't have a bunch of school loans. Worked for 30 plus years in software never making 6 figures and saved my ass off. Bought a pretty nice house and paid it off in about 15 years. Married a smart woman with a good job later in life. We never had kids. I retired at 55 almost 3 years ago with no debts, a house worth at least $350,000 and more money than I will ever need. This doesn't even include my wife's money. I have yet to touch my IRA's or 401k. My advice is don't live beyond your means, spend as little as possible on college, max out your 401k, learn to be handy around the house, don't buy all the fancy new toys. Also, don't have to have kids unless you absolutely feel the need.
You are a straight up …I grew up in south O relatively poor. I lived at home and worked while going to college so I wouldn't have a bunch of school loans. Worked for 30 plus years in software never making 6 figures and saved my ass off. Bought a pretty nice house and paid it off in about 15 years. Married a smart woman with a good job later in life. We never had kids. I retired at 55 almost 3 years ago with no debts, a house worth at least $350,000 and more money than I will ever need. This doesn't even include my wife's money. I have yet to touch my IRA's or 401k. My advice is don't live beyond your means, spend as little as possible on college, max out your 401k, learn to be handy around the house, don't buy all the fancy new toys. Also, don't have to have kids unless you absolutely feel the need.
What world are you living in? 200k home would not be $1200 a month more like $2000 a month currently
Ouch guys. My adopted son turned down Michigan and Notre Dame and signed with Hayden Fry and played for Ferentz.
Don’t you challenge him.. you just gotta make more sacrifices to make it work lol
lol. What;'s gross is putting extra money in your bank account that once it's deposited belongs to the bank, not you.
He's pretty close IF he's not taking Escrow items into consideration. He'll have to expound more on those items.
you're not alone.
I don't really root for the Hawkeyes, I just don't have the vitriol that a lot of people do. It's all good.
I know.. I agree with you. Obama signed the bank bail in policy which means banks can take your money and turn it into stocks.
The major problem is the amount of deposits in the banking industry are dropping like a rock. There are reasons, such as people just have less available cash than they did a few years back.
In a perfect world... how long do you expect it to take you and your wife to be able to reasonably afford the home you'd like?
If this continues to be a bone of contention between you, you both might want to seek professional help.
Actually Tampa and I are getting along just fine today. We seemed to have turned the page and now we are actually talking about productive issues.
Hoping within 12-18 months. We have about 600k in cash getting over 5% return .. everything is just way over valued so we’re waiting another year.. not looking for a starter home.. it will be our forever home, but it must be in a great school district. The school district is why we haven’t purchased yet. We don’t really care about rates, but care more about purchase price.
Bud, if I wanted the opinion of a man who buys 2-ply toilet paper to "save money", you'd be the first man I called!
I thought 1-ply was to save money?
I just have a suspicion that real estate is going to tank. When the 10 year Treasury is at 4.07, that is a dangerous sign. It means that foreign countries are no longer buyng US debt, it also means the American citizens are no longer buying our debt either.
Yeah it’s a bit nerve wracking… Hope to
Good to see the old dog and pup playing nice today.
We've covered this. No TP. I just use the cat. Big money saved.😂
As wicked as it may sound, if the derivatives market breaks, its very possible regional banks will have no choice but to call-in loans on people. Old Yeller just the same as said they would not bail out people. If that's the case, it could be a blood bath. In that case, if you were able to manage your risk, you would be one ready to pounce.
We got to the point where we were just arguing to argue. It was obvious there could be no "winner." lol
That's a cost-saving measure I hadn't thought of. Of course, we'd have to get a declawed cat.
Tampa - i am so confused. You are basically a millionaire (assuming you have a healthy amount in retirement at 40) and you spent last night complaining you couldn’t get ahead.
