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I’m in my 40s and I fret over every small cost like nutella
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Date: July 31st, 2024 10:44 PM Author: orange wonderful selfie I’ll buy store brand cheerios instead of the big yellow box which I can get at a competitive price at Costco’s but it’s still more than store brand cheerios. Today I picked a fight with my garbage service company because they wanted to charge me retroactively to the first of the year and I said no. May have to send a demand letter or sue them to get my trash picked up again. Who knows how this will turn out (note, I’ve been around London when the garbage workers go on strike and it is absolutely disgusting), mounds of trash several feet high, rats, etc.). It’s just gross. There’s nothing really worth buying but I still obsess about investments. I haven’t hit my targets for 529 plan saving this year for example, and I have to start saving for property tax again soon, and I think I have the car insurance renewal in December as well. |
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Date: July 31st, 2024 11:32 PM Author: Startling Telephone Pervert 40s in a baby in "2024" bro (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916071) |
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Date: July 31st, 2024 11:35 PM Author: Crusty bisexual half-breed (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916081) |
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Date: August 1st, 2024 8:18 AM Author: smoky swollen locus (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916608) |
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Date: August 1st, 2024 7:39 PM Author: Odious Cyan Goal In Life Rehab (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919070) |
Date: July 31st, 2024 10:47 PM Author: orange wonderful selfie Also, I think my house, which I bought about 14 months ago at market is now about 10-15% less in nominal terms, more like 15-20% less with inflation. It’s kind of demoralizing. We really should have rented for a year or two instead of trying to buy right away. Houses are fucking awful. I hope that maybe my situation is just real stable and I can eventually sell my house for at or above what I paid for it. Still losing lots of money though.
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Date: August 1st, 2024 9:10 AM Author: marvelous codepig Why the fuck would you have done that? Arent you old enough to have purchased a house pre-2020? Youre being pennywise pound foolish. My PITI is less than $1800 a month. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916698) |
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Date: August 1st, 2024 9:30 AM Author: orange wonderful selfie My wife and I bought our first house in 2015. Ended up losing about $100k+ or so on it in real terms. Honestly it was so demoralizing and frustrating that I have largely blanked my memory of the awfulness. That shit house is someone else’s problem. Anyways, we went from about $2400 in monthly PITI to about $4800 in monthly PITI. House is 33% larger and better located for our family though. So there’s that. Wife did end up taking a pay cut. So did I actually. Things haven’t ended up quite the way they should have. |
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Date: July 31st, 2024 10:49 PM Author: razzmatazz out-of-control stage spending and investing are two different things (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47915959) |
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Date: July 31st, 2024 10:51 PM Author: orange wonderful selfie I spend like a drunken sailor. $700 on electricity, $30 on natural gas, $25 on trash service, $55 on water, $41 on internet, $120 for mobile phones, this that that this. It’s just insane. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47915968) |
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Date: July 31st, 2024 10:54 PM Author: razzmatazz out-of-control stage youre a cslg alt so youll be fine just file some more claims (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47915979) |
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Date: July 31st, 2024 10:50 PM Author: spectacular buff forum hairy legs This is sad but I think it’s prudent for someone like you who is on the brink of absolute financial ruin. When you have that bowl of luxury cheerios in milk cut with tap water, you can at least tell yourself you’re doing the right thing. I salute your quiet dignity in the face of what must be an agonizingly embarrassing situation. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47915964) |
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Date: July 31st, 2024 10:52 PM Author: orange wonderful selfie Thank you. I don’t eat the cheerios. My wife gives those to the baby. He also drinks whole milk which is almost $4/half gallon now. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47915971) |
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Date: August 1st, 2024 8:19 AM Author: smoky swollen locus Have you tried to stop buying milk in half gallons, and also not organic from Whole Foods? (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916610) |
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Date: August 1st, 2024 9:49 PM Author: Exciting public bath The organic milk I buy from Whole Foods for my kids is $10 / half gallon.
Everything else is GC death poison. |
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Date: August 1st, 2024 9:50 PM Author: orange wonderful selfie It doesn’t seem prudent to buy whole milk by the single serving bottles, brother. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919437) |
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Date: August 1st, 2024 2:04 PM Author: appetizing wild resort milk cut with tap water tp (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47917806) |
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Date: August 1st, 2024 2:05 PM Author: orange wonderful selfie Some people willingly buy this at the store. Have you ever seen a product called "Skim" milk, brother? (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47917809) |
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Date: August 1st, 2024 2:34 PM Author: appetizing wild resort Of course, it’s the same price as whole milk. In your dire financial straits, I assumed you are using whole milk cut with actual tap water. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47917938) |
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Date: August 1st, 2024 2:37 PM Author: orange wonderful selfie We are. It helps stretch a $4 half gallon to last a whole week. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47917973) |
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Date: August 1st, 2024 10:13 PM Author: spectacular buff forum hairy legs 180. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919504) |
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Date: July 31st, 2024 10:57 PM Author: aromatic aqua incel Disco, if you just put $100k into TT's recommendation of $SOXL in 2022 you'd now have at least $500k extra
Fortune favors the bold
Stop investing in index funds and bonds |
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Date: July 31st, 2024 11:01 PM Author: orange wonderful selfie Ok. Let’s say I do that and I get a huge 5x run up. Then I have to rebalance the portfolio, pay cap gains tax on my $400k LTCG, and then put it into something else. And, there’s the risk that it goes down to zero. The index fund really never has to be sold you can just buy more and hold forever. If the business cycle destroys some companies, new ones pop up. It really is brilliant. Index funds help you on the way up and they remain easy to hold for life. |
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Date: July 31st, 2024 11:28 PM Author: aromatic aqua incel Don't agree with "rebalancing"--it's fake and gay and LTCG at top rate is only 20% friend. Leaning toward selling if it gets into 60's
Past that, there's dividends, plenty of which are from top tier. You really expect P&G's ever going to go out of business? XOM? Visa? CVS? MDLZ? BA? BMY? MO? Come on. I'm not saying you should invest in Alibaba friend!
And you can get those same benefits with more exotic ETFs than simple vanguard funds which EAT away at you with useless fees.
It's a LAZY man's game, not smart |
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Date: August 1st, 2024 7:27 AM Author: orange wonderful selfie I feel like this is how Tommy was tricked into giving up his path to wealth and lead astray. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916506) |
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Date: August 1st, 2024 10:38 PM Author: poppy dead casino kitty this is correct. note that TT recommended buying a 5x stock two years ago, but his net worth went from 900k to 990k during that time, because he keeps chasing shit. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919572) |
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Date: August 1st, 2024 8:10 AM Author: Domesticated submissive coffee pot plaza nutella doesn't fret over this stuff, she's a chill mom who no longer strives and is just happy with however her kids turn out (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916594) |
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Date: August 1st, 2024 8:12 AM Author: orange wonderful selfie I wish that I was a chill parent though. I am pretty anxious. Also, I don't live in a beautiful place like the Pacific Pallisades. I can't really take my kids to the beach every weekend. I never get to see the sea. The weather is atrocious. There are no hills or mountains nearby to go to for Teewinot training. There's a lot of missing pieces in my life. That's for sure. (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916597) |
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Date: August 1st, 2024 8:43 AM Author: Domesticated submissive coffee pot plaza if both you and your (bald) spouse had easy, 750k/yr jobs, you too could be just enjoying life without care or concern (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916641) |
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Date: August 1st, 2024 10:15 PM Author: maniacal wagecucks HIDDEN | WINE | TAVERNS (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919513) |
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Date: August 1st, 2024 8:13 AM Author: snowy set (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916601) |
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Date: August 1st, 2024 8:17 AM Author: orange wonderful selfie I don't ever want anything luxe like that. I've never carried a handbag in my life. My wife has some kind of cotton bag that she carries. I don't know what asthetic she is going for, but it looks like we are broke. We have a minivan, but one of the wheels is black and the other are that silvery alloy. It looks kind of janky. We never wash our cars. I am terrible at managing the edging on the yard. Honestly, I think our neighbors probably think that we are the poorest among them. I bet that we are. |
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Date: August 1st, 2024 8:46 AM Author: bipolar bat-shit-crazy athletic conference OP could be read two entirely different ways. fretting over a $4 tub of nutella, or fretting over purchases like nutella tp (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916644) |
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Date: August 1st, 2024 9:34 AM Author: orange wonderful selfie Nutella tchs (the chocolate hazelnut spread) is too rich for my blood (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916776) |
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Date: August 1st, 2024 9:37 AM Author: bipolar bat-shit-crazy athletic conference rofl we believe that (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916787) |
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Date: August 1st, 2024 8:52 AM Author: zombie-like brilliant point Buying name brand pre-packaged groceries is a huge scam. I buy generic/store brand everything.
You are a wealthy man, Disco. You can afford to shower your family with the "real deal" cheerios or land-o'-lakes dairy products. But just because you have the ability to set money on fire doesn't mean you should. |
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Date: August 1st, 2024 9:13 AM Author: orange wonderful selfie I agree. I do get the Jif peanut butter at Costco's because it is priced pretty competitively for my kids. Yes it has fillers, but it is smooth and nice and a noticably better experience than store bought. But that's that. I just spent $4,000. I sent $2,400 to my youngest 3 children's 529 plans (oldest one's plan has hit his target for the year already, younger three are lagging). I sent $500 to buy VTI. I placed another $500 into my money market account for taxes/insurance/HOA at the end of the year And I sent a prepayment of $600 to my mortgagor to apply to my account (mortgage interest rate is 6.49%, so this is a pretty good risk free return with absolutely no tax drag for me). |
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Date: August 1st, 2024 9:16 AM Author: Domesticated submissive coffee pot plaza 6.49% mortgage...you just let everyone fuck you, don't ya? (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47916709) |
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Date: August 1st, 2024 9:22 AM Author: orange wonderful selfie Not only that, friend, but when we moved last summer, it was the absolute top of the market. So we paid market for the house we bought, but the market sucks right now, so the house is probably worth 85%-90% of what we paid for it, so most of our actual equity has been wiped out. I don't have to pay PMI or anything like that, but it's not a fun position to sit in. In terms of mortgage interest, went from paying a very comfortable $4,700 per annum in mortgage interest and taking the standard deduction, to an unbearable $27,000 per annum in mortgage interest, itemizing, and constantly fretting. Also, we've been bombarded with assessment increases on the property, insurance is through the roof, price of electricity is up like 35% (and that's mostly what we use), HOA fees higher, city services lower, etc. It's kind of been a disaster from an increased costs perspective, but it's a better qol in the sense that we aren't driving all over the place anymore and the neighborhood/house are a little better and kids are going to schools more conveniently. Wife seems happier. It is what it is. |
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Date: August 1st, 2024 2:00 PM Author: orange wonderful selfie I am really regretting this. Of the $500 I put to VTI, $9 of that is already gone. The 529 trades won't execute until the end of the day. The $600 to my mortgage will be at the same rate. As will the cash that I just put into the settlement fund (VMFXX). I could have afforded lunch today, but not with these losses. Not like this. |
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Date: August 1st, 2024 2:12 PM Author: razzmatazz out-of-control stage better yet buy actual food (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47917819) |
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Date: August 1st, 2024 8:16 PM Author: zombie-like brilliant point I'm eating a bowl of fresh borshch. You have no right to lecture me about "real food". (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919164) |
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Date: September 23rd, 2024 2:39 PM Author: snowy set (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#48123701) |
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Date: August 1st, 2024 7:39 PM Author: Galvanic impressive fanboi chapel fretting over small costs while not blinking over large ones has def been my demise (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919072) |
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Date: August 1st, 2024 8:22 PM Author: mauve orchestra pit partner You should not be buying Nutella in the first place, man (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919174) |
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Date: August 1st, 2024 8:38 PM Author: orange wonderful selfie cr - nutella is too rich for me (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919211) |
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Date: August 1st, 2024 8:47 PM Author: zombie-like brilliant point (http://www.autoadmit.com/thread.php?thread_id=5567951&forum_id=2#47919253) |