Putting on my flame proof pants here...

Avatar for myshkamouse
iVillage Member
Registered: 03-26-2003
Putting on my flame proof pants here...
665
Mon, 09-19-2005 - 10:31pm

but have to say...that I've definetly noticed that its not just quality time, but also quantity of time one spends with their children.

I've been struggling with the SAH/WOH and in betweens since my children were born 26 months ago. I've decided, mostly, that I'll leave my intense full on/full time career to work from home in January. Part of the reason to be blunt is I can. And I recognize that many, if not most, WOHP's don't have that option. The other part though is the reality that I've seen with my kids. The reality is...spend lots of time away, and they start to disconnect a little bit from you and gravitate toward the parent, or care giver, who is with them most. With us that's been DH.

So....having been on all sides of the debate now. From SAHM for 7 ms, to part time SAH for the next 6, to full time 60+ hours a week of work...I can honestly say that time with the kids *does* matter. It just does. And I've gotten my head around needing that time with them, vs work (which I also love) as, for lack of a better cliche, time just flies!

Anyway, somewhat just venting as I'm away from home till Wed. And somewhat realizing that I've finally got my priorities right. And that means working part time till the kids are at least in kindegarten. Life is just too short.

DISCLAIMER: I'm not making a judgement on WOH parents who have to; or on parents who'd rather be at work. I think both are fine. I just think its obvious that time invested *does* matter. We just have to determine what that time is worth.

MM

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iVillage Member
Registered: 09-15-2003
Wed, 09-28-2005 - 12:47pm

Must be the same bank as mine and a MI thing...but, we still end up with fees sometimes...I think it's just from taking money out of a non-approved ATM. Man, they get you with that one!


Meldi

Meldi
iVillage Member
Registered: 08-22-2005
Wed, 09-28-2005 - 1:00pm

Oh, I'm begging you, begin NO more posts to QM with the words, "Please explain to me...."

I have a sinus headache already.

Karen


Think before you speak (or write) Yeah...like that's gonna work.....

Karen

"Veronica: "I hate fake deer too. Every time I see their stupid fake-deer faces I want to grab a shotgun and go all Cheney on 'em." Sure, but since fake deer don't talk, they won't

iVillage Member
Registered: 02-11-2005
Wed, 09-28-2005 - 1:08pm

i think rich people are much smarter than that qm. i mean, it's one thing to whip out your trusty plantinum gold plus visa for a 75K purchase then pay it off at the end of the month and another thing all together to carry 75K in debt and only make monthly payments on it.....you realize that 1, 2% payback on some credit cards is literally a lifetime of payback, right?

nor do i agree that the bankrupt faithful are the 5K carriers. brings back memories of the pathetic lfiestyle a former friend of mine had. she kept accruing more and more credit card debt (upwards of about 60, 70K when she filed) and excused/blamed it on the fact that the credit card companies either kept raising her limit or other credit card companies sent her 10, 20, 25K credit line offers...and *gold* card solicitations go to anyone now, not just the wealthy. i remember working in retail many years ago. when i used to see *gold* cards, i knew the carrier was wealthy. it's not like that today.

iVillage Member
Registered: 11-10-2004
Wed, 09-28-2005 - 1:09pm

Sorry! I've been reading so many books on personal finance (and the #1 rule is have zero credit card debt) that I couldn't figure out how someone as smart and savvy as QM could state, with a straight face, that someone living paycheck to paycheck with $75K credit card debt could be considered "stinking rich."

That's ok, QM. You don't need to explain it. I don't want to send anyone off the deep end.

mom_writer

iVillage Member
Registered: 03-27-2003
Wed, 09-28-2005 - 1:10pm
Not common. Our bank has that deal but the catch is that you need to also have a savings account with that bank and that savings account must have a minimum balance.
iVillage Member
Registered: 02-11-2005
Wed, 09-28-2005 - 1:15pm
i think banks have been trying to tap into ways to avoid fees on checking accounts thou. in the years i worked in banking, we went from minimum balance checking accounts or (7.00/mo) fees ..to.... no fees but attractive incentives like only banking at (our) bank to avoid atm fees, direct deposit instead of coming into the banking center to cash your check etc. etc.
iVillage Member
Registered: 02-11-2005
Wed, 09-28-2005 - 1:27pm

i'm guilty of the *expired* thing too.......i have a huge pantry in my kitchen and i'm pretty darn good about keeping it well stocked (i stock up on sales all the time....drives dh crazy. lol). items expire before even getting the chance to use em!

but i do gotta say that grocery stores are the worst about still keeping expired items in stock. i absolutely love my trusty krogers down the street, it's small not huge like a lot of the mega stores are nowadays adn i know where everything is. but they are terrible about not getting rid of items that have already expired ~ i've caught them on yogurts, cream cheese, dips and pretzels too.

Avatar for myshkamouse
iVillage Member
Registered: 03-26-2003
Wed, 09-28-2005 - 2:37pm
Credit cards, unless paid off monthly, are the worst and dumbest kind of debt to encur in most cases.
Avatar for myshkamouse
iVillage Member
Registered: 03-26-2003
Wed, 09-28-2005 - 3:24pm

The ability to carry $75K in credit card debt and still charge $4000 pretty much confirms your suspicions - they are rich."

No, it probably means they are leveraged to the hilt. Unless they are paying off their cards monthly, they are encuring interest. No one with half a brain, and the money to pay off a credit card, would let that debt ride. People with money can secure cheaper LOC's or other credit facilities if they need them.

Avatar for myshkamouse
iVillage Member
Registered: 03-26-2003
Wed, 09-28-2005 - 3:28pm

No kidding. Ones net worth (rich or not) equals assets - liabilities. These people are highly leverage, and yes, stupid financially if what this poster describes is accurate.

We charge alott on our cards but...we pay them off in full every month always. Then its really a free loan. Credit card companies *hate* that...what they love are folks like the poster is describing. Who make *them* rich....and help increase their margins so they can afford folks like me:-)

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