Friday finances

Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Friday finances
572
Fri, 03-22-2013 - 6:55am

So I heard a lot of chanting at school yesterday about tomorrow (today) being pay day, Woot!  Ha, That doesn't mean a lot to me but some of those teachers make good money and b/w that and the slip ins about money in a couple threads here I thought a thread would be fun..

How often are you/your DH paid

Do you discuss finances with your children?  To what extent?

Are you a spender or a saver

 

 

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iVillage Member
Registered: 02-20-2013
Sat, 03-23-2013 - 8:04pm

cruisingchick20111 wrote:
So it has nothing to do with me, basically , Regina, because you do not know my finances and dont plan to. I find it funny that you seem to know exactly what I do but you dont even know WHEN your dh gets paid or about your bills since you do not do them. Gotcha.

Uh, he manages billions of dollars of other people's money. He's also a human calculator (seriously--it's quite a party trick to give him a math equation and see how quickly he comes to the answer), which comes in handy since I just proved in this thread that my math skills are abysmal. Why would I pay the bills when he's so good at managing money? Again--your lack of logic is astounding. We both do what we're best at.

On Wednesdays we wear pink.

iVillage Member
Registered: 10-10-2011
Sat, 03-23-2013 - 8:03pm
I use the same thing as geschigsgal, the year you plan to retire. I like them investing for me as they know exactly what to do. Been doing it for years.
Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Sat, 03-23-2013 - 8:01pm
"Like" cchick!

 

 

iVillage Member
Registered: 10-10-2011
Sat, 03-23-2013 - 8:00pm
Nope, not commission, Jam.
Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Sat, 03-23-2013 - 7:58pm
bankrate dot com is the fun tool we like to play around with, I am always surprised by what it says we can "afford" in house price too. It's no where near what I'm comfortable playing but it's nice to dream... Lol.

 

 

iVillage Member
Registered: 02-20-2013
Sat, 03-23-2013 - 7:57pm

jamblessedthree wrote:
I agree about a diverse portfolio. Does everybody need a financial planner to tell them that?

IDK. Does everyone need a CPA to tell them they can deduct their mortgage on their taxes? That's not a CPA I would need...

And you said earlier that your husband has all sorts of horror stories about families whose sole asset is their home...clearly those families could have used someone advising them on how to diversify their assets, no? Most people can't do it on their own, that's why my DH works as much and as hard as he does...

On Wednesdays we wear pink.

iVillage Member
Registered: 12-07-2003
Sat, 03-23-2013 - 7:56pm

reginageorge2005 wrote:
<p>My bad. I thought it was 6% of each income (not household) w/a 6% match on each. So 12% of household w/an equal match. :)</p>

It is 6% of each, but that works out to be 6% of the household income.  But, it's double that amount, or 12% of our HHI.

iVillage Member
Registered: 10-10-2011
Sat, 03-23-2013 - 7:55pm
Yes Garnetboy, weve been through the personal info/TOS already, right? Thanks.
iVillage Member
Registered: 05-13-2009
Sat, 03-23-2013 - 7:53pm

Ges said: .  Dh and I both put in 6% with a 6% match from our employer.

Regina, it's 12% of their current income, not 25%. Which is excellent! (But math is math)

iVillage Member
Registered: 10-10-2011
Sat, 03-23-2013 - 7:53pm
So it has nothing to do with me, basically , Regina, because you do not know my finances and dont plan to. I find it funny that you seem to know exactly what I do but you dont even know WHEN your dh gets paid or about your bills since you do not do them. Gotcha.

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