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akp1983May 08 akp1983 Yea I'm dumb. Thanks Stolid!
Frog_N_ToadMay 08 Stolid Hey Frog, I truly mean this kindly but isn't $500k an awfully expensive coffin? Outside CA and other areas I would never consider living that would buy a house that's very very nice, and very very big. Do you keep it for momentum (moving is too hard), sen [...]
akp1983May 08 Stolid You should put the amount owed total on the mortgage, not the monthly payment. That is, unless you financed all but $1000 of that house and got one hell of a deal :P
akp1983May 08 akp1983 market value of property I just bought as an asset then on my liabilities side is my payments
undchefreakApr 08 SustainableSavings Noted that "awful parental example" taught you to avoid financial pitfalls. The opposite for me. My parents grew up with a tight budget, and I follow that example. I do have friends who's parents lived on credit, and they spend like maniacs and also liv [...]
akp1983May 08 Syn Wow, you get lucky in Vegas? Where did that extra 140k come from?
SustainableSavingsApr 08 SustainableSavings Thanks for that! I did check it out. In case anyone else is reading, don't max out before year end, depending on your company match plan. My dad did this and missed out on match because he had to stop contributing in October or so.
SustainableSavingsApr 08 undchefreak I don't know if you've looked into the 401k company match querie yet, but I asked this question at the begining of the year and got several good answers. Basically, the $15,500 limit is you alone. Your employer's match doesn't count towards that limit. [...]
cerzebetMay 08 444 Look at your bottom line: +3% one month, +4% the next month, and +5% the month after that. Paying off credit card debt and shoring up your cash are a winning combination! Isn't it great to have only one of those and not a whole hand of cards? Your [...]
jo72Apr 08 jo72 That is for the house, the down payment will be much less. We do want to be able to put 20% down. We don't want to pay mortgage insurance.