|
Replies: 49
| visibility 1
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Small victory for me.
Mar 8, 2013, 1:03 PM
|
|
I finally paid off my main credit card. All remaining credit balances are on 0% interest from promotional purchases or balance transfers and all can & will be paid off before promotional periods end.
I know in sharing this information an unforeseen expense is going to pop up and derail it once again, but it's nice to finally weather through the multiple car expenses, last minute flights and travels, and medical costs and see a 0 again.
Now I can start saving for fun money...like Pasadena...
|
|
|
|
 |
All-TigerNet [14283]
TigerPulse: 100%
Posts: 13861
Joined: 7/10/03
|
Good for you. I just paid off my card from
Mar 8, 2013, 1:04 PM
|
|
Christmas. All I have is a mortgage. That being said, if something big comes up, I'll be back in debt.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
I still have mortgage and student loan debt***
Mar 8, 2013, 1:10 PM
|
|
|
|
|
|
|
|
All-TigerNet [14283]
TigerPulse: 100%
Posts: 13861
Joined: 7/10/03
|
Wait til you end that student loan debt
Mar 8, 2013, 1:11 PM
|
|
That, my friend, is a great feeling.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Mine isn't too huge, only $240 a month, but I can't wait
Mar 8, 2013, 1:12 PM
|
|
until it's done. I have a co-worker who went to Rose-Hulman (a really good engineering school no has ever heard of) is dropping $1,600 a month for his!
|
|
|
|
|
|
All-TigerNet [11021]
TigerPulse: 100%
Posts: 12359
Joined: 7/5/03
|
|
|
|
|
|
All-In [26968]
TigerPulse: 96%
Posts: 44823
Joined: 7/6/10
|
I congratulate you.
Mar 8, 2013, 1:04 PM
|
|
I have a plan in place for mine.
|
|
|
|
|
|
Legend [15863]
TigerPulse: 100%
Posts: 28958
Joined: 9/18/01
|
congrats - I have like 1 & 2/3 car payments left, need
Mar 8, 2013, 1:05 PM
|
|
to drive that ###### at least 2 or 3 years before getting another car
|
|
|
|
|
|
All-In [26968]
TigerPulse: 96%
Posts: 44823
Joined: 7/6/10
|
I'm about to finish up a 75-month car loan.
Mar 8, 2013, 1:08 PM
|
|
Oh, the agony.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
This is one thing that makes me hope the car dealer will not
Mar 8, 2013, 1:14 PM
|
|
give me what I want. It would be silly to add debit right now. I have a mere $110 left in credit cards, then the house.
I have found 3 cars that I deem acceptable though.
|
|
|
|
|
|
All-TigerNet [14283]
TigerPulse: 100%
Posts: 13861
Joined: 7/10/03
|
$110? Pay that joker off today.***
Mar 8, 2013, 1:15 PM
|
|
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
Hum, maybe on next Friday.
Mar 8, 2013, 1:20 PM
|
|
I just have to make up my mind which cushion it is going to come out of. That the payment is going away is what has inspired the car shopping.
|
|
|
|
|
|
Legend [17753]
TigerPulse: 100%
Posts: 16306
Joined: 5/13/02
|
Be sure to check the balance next month even after you pay
Mar 8, 2013, 2:06 PM
|
|
it off. One time I didn;t realize there was like a .13 balance left on one that I had paid in full, and I got a late charge on it (doh).
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
Indeed. Luckily it the same place as
Mar 8, 2013, 3:10 PM
|
|
my accounts that get checked daily. The only reason it hasn't been paid off yet is crap keeps coming up. $350 eye doctor visit, $83 tire. $90 dentist trip. $66 to pay taxes, blah blah blah.
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
congrats
Mar 8, 2013, 1:16 PM
|
|
I have a long road ahead
been digging for a looooong time making very little progress but with two incomes coming in soon, it will go very fast
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
It's a race between my wife and I which one will finish
Mar 8, 2013, 1:20 PM
|
|
paying off debt quickest (what'd you think I was saying).
My wife will probably win considering I picked up her car issues, Cole's issues, a couple sudden flights when her mom passed away and when her niece was born. It's amazing how those things can really throw a wrench in your budgeting.
Anna and I are weird with our financing, we're very open and honest with it, but we aren't joined together like most married couples. I pay for everything except the electric bill, she pays for that. Going to be interesting to see what'll happen now that she has a new job making double her old one, I'm hoping I get to shed some expenses onto her.
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
since we got married we have one joint account
Mar 8, 2013, 1:22 PM
|
|
I pay all the bills and keep up with the finances, so there is no race.
|
|
|
|
|
|
Heisman Winner [105848]
TigerPulse: 100%
Posts: 65312
Joined: 12/2/02
|
seperate checking accounts?
Mar 8, 2013, 1:22 PM
[ in reply to It's a race between my wife and I which one will finish ] |
|
all our's goes into one small account and we scrape by paying for all our bills, car, house, etc, then the #### hits the fan and we have to find more cash. Life sucks some times.
|
|
|
|
|
|
All-TigerNet [14283]
TigerPulse: 100%
Posts: 13861
Joined: 7/10/03
|
True, we only have one income going in to that small account***
Mar 8, 2013, 1:22 PM
|
|
|
|
|
|
|
|
Heisman Winner [105848]
TigerPulse: 100%
Posts: 65312
Joined: 12/2/02
|
Truth be told, we both have great jobs, but early on debt
Mar 8, 2013, 1:24 PM
|
|
makes it feel like we don't get paid much. That being said, we don't do without much. Kids are hella esspensive though.
|
|
|
|
|
|
All-In [34823]
TigerPulse: 100%
Posts: 41036
Joined: 2/6/01
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
As she'll be the first to be completely debt free, she's
Mar 8, 2013, 1:23 PM
|
|
already said she'll start paying off my debt when that's completed. She'll be debt free in a few months at her new salary rate.
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
|
|
|
|
|
All-In [34823]
TigerPulse: 100%
Posts: 41036
Joined: 2/6/01
|
You should have joint account, and it isn't wrong to treat
Mar 8, 2013, 1:24 PM
|
|
the money as one resource.
Because, she would ask for half if she left.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Not at all. We're connected finacially, I forgot to mention
Mar 8, 2013, 1:24 PM
[ in reply to If I get hitched, is it wrong to want her to pay for half ] |
|
that Anna pays for all of the food, so that's a large expense. Even when going out she pays.
Odds are when you're married you'll have a joint account.
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
I can't imagine NOT having a joint account
Mar 8, 2013, 1:26 PM
|
|
Seems counter to the marriage concept to not share one pool of money.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Technically we do, our mortgage account is a joint
Mar 8, 2013, 1:29 PM
|
|
checking account, but we never use it. So there!
I don't know, we always thought we'd do it but never have, and don't feel the need to now.
We both have our own incomes and can spend the money how we please. Anna is more of a saver and I'm more of a spender, probably would cause more issues if the money was in the same pot, lol.
|
|
|
|
|
|
All-TigerNet [11963]
TigerPulse: 100%
Posts: 12224
Joined: 11/9/04
|
Yours, mine, ours?
Mar 8, 2013, 3:05 PM
|
|
idk. that's what we did when we first moved in together. all the "bills/groceries/eating out/stuff we do together" comes out of the joint. We each have our own accounts for other stuff.
I had more debt coming in and I pay for that (for a few more months anyway until I can tell SCSLC to suck it!) Also, if my family ever thought that K's money was 'my' money, they'd be after me all the time. So, we keep some stuff separate.
Of course, it's more complicated since we have two households. Blah!
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
Technically we have 2 accounts
Mar 8, 2013, 1:29 PM
[ in reply to I can't imagine NOT having a joint account ] |
|
she still has her old account because apparently its too much of a hassle for her to change the direct deposit to the new account (she's just being lazy) so twice a month I log into that account online and transfer her pay to our joint account.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Aw man, I bet that's one simple form and a blank check sent
Mar 8, 2013, 1:31 PM
|
|
to her HR!
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
I think she tried that and they said there was an error
Mar 8, 2013, 1:33 PM
|
|
so she never tried again. With the real job starting in July it will be corrected
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
The voided check is ########. If you know your
Mar 8, 2013, 2:38 PM
|
|
routing number and account number, all it takes is good handwriting on the form. I know I don't want copies of peoples checks.
|
|
|
|
|
|
All-TigerNet [11021]
TigerPulse: 100%
Posts: 12359
Joined: 7/5/03
|
They let us change ours online.
Mar 8, 2013, 3:37 PM
|
|
Makes life much easier.
|
|
|
|
|
|
All-In [34823]
TigerPulse: 100%
Posts: 41036
Joined: 2/6/01
|
|
|
|
|
|
Oculus Spirit [75882]
TigerPulse: 100%
Posts: 108926
Joined: 10/26/03
|
I know some people who only have one
Mar 8, 2013, 1:33 PM
[ in reply to Not at all. We're connected finacially, I forgot to mention ] |
|
joint account. That is it. That will not fly in Aero zone.
Without some major change in job, odds are I'd only marry somebody who makes more than me. She'd probably want a bigger house than I have.
|
|
|
|
|
|
All-TigerNet [11257]
TigerPulse: 100%
Posts: 6678
Joined: 11/23/03
|
Sounds like you need
Mar 8, 2013, 1:27 PM
[ in reply to It's a race between my wife and I which one will finish ] |
|
another kid or two! That'll take care of you newly acquired wealth.
My dream is to finish paying off the little I now owe and get my i-phone and hotspot so I can be a full-fledged lunger! Or, put a septic tank at the cabin I've been working on for six years. Hmmm?
You're right, something major will break down or wear out first.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
No kids right now, I'm sure finances suck #### when they
Mar 8, 2013, 1:30 PM
|
|
come around. Not going to worry about that for a few more years thankfully.
Is there even a good number to have saved up for kid time? Like a $50,000 nest egg per kid?
|
|
|
|
|
|
110%er [7980]
TigerPulse: 100%
Posts: 22420
Joined: 2/27/02
|
The rule of thumb is
Mar 8, 2013, 1:31 PM
|
|
don't financially plan for kids or you will never have them, just have them. If you are adopting, then save up.
|
|
|
|
|
|
Heisman Winner [105848]
TigerPulse: 100%
Posts: 65312
Joined: 12/2/02
|
|
|
|
|
|
Orange Blooded [3148]
TigerPulse: 100%
Posts: 3620
Joined: 1/15/09
|
What do you mean by laughable?
Mar 8, 2013, 2:00 PM
|
|
Laughable in that you could never save up that much or laughable that a kid only costs 50k?
I've always set savings goals for myself that I have to reach before I'll undertake a new expense. I'd like to do the same with kids.
|
|
|
|
|
|
Heisman Winner [105848]
TigerPulse: 100%
Posts: 65312
Joined: 12/2/02
|
Actually both, kids will cost more than 50k and I would
Mar 8, 2013, 2:10 PM
|
|
never have had kids if I needed to save 50gs before having one. For us, it was about having a kid/kids when we were mature enough and ready. Financially ready plays a part, but wasn't the deciding factor. That is just us though, I commend anyone who could save 50k just to have a kid. I mean, I have retirement and stuff if I HAD TO come up with a ton of money, but not 50k cash at hand.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
I get that and know they cost more than 50k. I guess I was
Mar 8, 2013, 2:13 PM
|
|
just trying to see if there was a number that you wish you had when you FIRST had a kid. Not even saying to save up to that point and then have a kid, was merely asking a question.
|
|
|
|
|
|
Oculus Spirit [79485]
TigerPulse: 100%
Posts: 63291
Joined: 10/30/05
|
Or just plan on never having them...
Mar 8, 2013, 2:10 PM
[ in reply to What do you mean by laughable? ] |
|
Between all the stuff I want to do to my house and the boats/cars I want, I just can't see myself ever being able to afford kids. I think I'd much rather have that 22' Donzi Classic with a 496 over a son or daughter.
|
|
|
|
|
|
Heisman Winner [105848]
TigerPulse: 100%
Posts: 65312
Joined: 12/2/02
|
And that is perfectly acceptable for alot of people. The
Mar 8, 2013, 2:11 PM
|
|
problem is when people would rather have the 22' Donzi Classic with a 496 but still have kids and neglect or run off on their kids for other things.
|
|
|
|
|
|
All-TigerNet [11257]
TigerPulse: 100%
Posts: 6678
Joined: 11/23/03
|
|
|
|
|
|
Fan [75]
TigerPulse: 73%
Posts: 300
Joined: 9/25/06
|
Re: Small victory for me.
Mar 8, 2013, 2:34 PM
|
|
Congratulations. I will contribute to your fund by buying your Georgia and Florida State tickets.
|
|
|
|
|
|
Oculus Spirit [97897]
TigerPulse: 100%
Posts: 64989
Joined: 7/13/02
|
I pay mine off every month. Also have no car payment
Mar 8, 2013, 2:47 PM
|
|
Just electricity, life insurance, natural gas, homeowners insurance, cell phone bill, cable/internet bill, landscape bill, housekeeper bill, preschool bill, water bill, termite renewal, IPTAY bill, season ticket purchase. Then i just have to pay for gas, clothing, food, and my TigerNet donation. And a hotel for two night games (in Clinton where it's cheap).
The wife pays for her cell phone and the mortgage.
|
|
|
|
|
|
Oculus Spirit [81998]
TigerPulse: 100%
Posts: 47130
Joined: 3/18/07
|
Well that's clearly everyone's goal...***
Mar 8, 2013, 2:48 PM
|
|
|
|
|
|
|
|
110%er [9107]
TigerPulse: 100%
Posts: 14107
Joined: 11/5/05
|
Well done.
Mar 8, 2013, 3:24 PM
|
|
Credit card debt is insidious. Remember that feeling you got when you paid it off, it'll hoepfully keep you from getting in debt again.
|
|
|
|
|
|
Replies: 49
| visibility 1
|
|
|
50
