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Rate My Financial Position 3 Yrs Post-LS
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Date: April 24th, 2014 5:52 PM Author: topaz gunner friendly grandma $160k debt $150k total comp (was $115k last year) $60k liquid savings $20k 401k Good job security Moderate col 1 wife, 1 kid |
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Date: April 24th, 2014 5:53 PM Author: Slippery Primrose Pit Immigrant Oh god. I was with you until the last bit. How much does wife make? How much of your loans have you already paid off? (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25440386) |
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Date: April 24th, 2014 5:56 PM Author: topaz gunner friendly grandma Wife is taking care of the kid now, was making $40k
Have not paid much off loans as I wanted liquid savings, can more aggressively pay them off now |
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Date: April 24th, 2014 6:04 PM Author: Slippery Primrose Pit Immigrant So over three years, WHILE your wife was making 40K, you managed to save ~20K per year, on average? And now you have a child and she is going to be unemployed. That's TERRIBLE. You needed to save way more. Did you buy a house during that time? (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25440445) |
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Date: April 24th, 2014 9:15 PM Author: topaz gunner friendly grandma It is what it is, not saying I'm proud of it. $150k is new, started at $115k and just changed firms... Bought 2 used cars after ls and had medical expenses. No house yet, probably in the next 6 months. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441326) |
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Date: April 24th, 2014 11:00 PM Author: buff adulterous stage private investor god good, the wife, kid, house, 2 car rat race sounds terrible. I want none of these things, except maybe a wife. why are you buying in to the boomer scam? (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441893) |
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Date: April 25th, 2014 5:55 AM Author: topaz gunner friendly grandma 2 cars are essential where I live. I don't own a house yet, but would rather not throw away rent every month (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25444030) |
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Date: April 24th, 2014 8:49 PM Author: cocky histrionic university Could be worse (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441227) |
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Date: April 25th, 2014 9:59 AM Author: Turquoise excitant deer antler becky This. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25444376) |
Date: April 24th, 2014 6:02 PM Author: cruel-hearted internal respiration parlor Interest on loans? (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25440434) |
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Date: April 24th, 2014 8:46 PM Author: topaz gunner friendly grandma 7%? (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441223) |
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Date: April 24th, 2014 6:09 PM Author: Overrated splenetic base Bon Iver is pretty neato (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25440468) |
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Date: April 24th, 2014 9:18 PM Author: Orchid bearded corn cake Jesus Christ I just vomited (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441334) |
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Date: April 24th, 2014 9:19 PM Author: topaz gunner friendly grandma About my situation or yours (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441339) |
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Date: April 24th, 2014 9:21 PM Author: Jet-lagged bistre stead if you've got good job security you should dump 30k in the loans - it would be paying yourself $2100. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441347) |
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Date: April 24th, 2014 9:23 PM Author: topaz gunner friendly grandma $30k is going towards a house so I'm not paying rent any more, also in a sense paying my self (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441351) |
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Date: April 24th, 2014 10:32 PM Author: Jet-lagged bistre stead i hope you're looking at a 100k home that wont require any major fixing up. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441725) |
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Date: April 24th, 2014 10:50 PM Author: topaz gunner friendly grandma Probably ~$300k. With $30k coming from parents and inlaws. Mortgage will be same or less than rent (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441827) |
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Date: April 24th, 2014 10:49 PM Author: Concupiscible weed whacker mad cow disease You are me.. Except I didn't get a wife and kids and as a result I've paid my loans down to 50k.
Not trying to be a dick but was the kid planned? I can't imagine being in the situation I was in a couple of years ago and think "This is the right time to start a family." |
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Date: April 24th, 2014 11:00 PM Author: buff adulterous stage private investor this. moronic. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25441896) |
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Date: April 24th, 2014 11:07 PM Author: Slippery Primrose Pit Immigrant my thoughts exactly
Of course, with that attitude, none of us have children. |
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Date: April 25th, 2014 5:58 AM Author: topaz gunner friendly grandma Yes. By the time my financial situation is truly 'ready' to have a kid, then you start having to worry about wife's ability to have kid, etc (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25444042) |
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Date: April 24th, 2014 11:03 PM Author: outnumbered organic girlfriend fortuitous meteor If OP was in Australia or Europe where he does not have to worry as much about shit like healthcare, education fees, retirement, taking vacations, job security, divorcing cunts taking your money, retard children he would possibly be okay.
But in AMERICA, lol he is PWN'd |
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Date: April 25th, 2014 8:54 AM Author: Razzle sapphire faggotry I think this is OK. It's very hard to save much on $150k for some reason. What will help is if you get a bonus. Put those 100 percent to savings/loans. You need to max the 401k too. Don't splurge, no vacations for a few years, and try to find ways to increase your income. Good luck. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25444239) |
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Date: April 25th, 2014 9:01 AM Author: topaz gunner friendly grandma Thx, no matching 401k so actually thinking about contributing less to that and more to payoff debt (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25444255) |
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Date: April 25th, 2014 3:03 PM Author: topaz gunner friendly grandma And to think LS kind of worked out for me. I need to figure out a way to cash in on all of the people with more debt and/or lower comp. (http://www.autoadmit.com/thread.php?thread_id=2551004&forum_id=2#25445852) |