@Kacie I like what you're saying. We're very conscious of not totally blowing all our cash. FOr emergency fund purposes and for the baby.
I'm feeling like renting for another year wouldn't be so bad. I doubt the market will "pick up" fast enough to leave us without any good deals in a year vs. now.
@Jan, in my area, the whole idea of a "starter house" has pretty much melted away. In the hot market that isn't anymore, you could buy a little "starter", fix it up a little, and flip it for a profit after 2-3 years. Those days are gone. I think WC and his wife should find a place they really like, in their price range, and call it good for the foreseeable future.
As for my thoughts on what to do with the cash, I'd treat it like investment proceeds and take some profits. Take that vacation ("babymoon" in _one_ of your dream locations) and then put the rest to work.
I Think you must save this now and wait for things to improve before you become little more adventorous with your money.. There is a reason why cash is king today.. stick with the king..
I got the same email in my inbox last november. I think this has been going on for awhile. I agree the stuff on the website is practical. Do I think that ING is going down like all the other banks? not really. A banks job is to get you to invest money into the bank. Spending money can only stimulate the economy and they probably re-invest any dividends back into products, services that can better serve us. So I say thumbs up to ING.
I am wanting to move my pc dvr by the tv. I will then need to create a network to hook it to my working pc and the internet for listings. This will be just in time to help me figure out how to do all this. Hope I win.
Doctors Without Borders. Doctors and nurses volunteer to provide urgent medical care in countries to victims of war and disaster regardless of race, religion, or politics.
You want everything but don't want to pay for it (in taxes). Defense isn't free, your lifestyle isn't defined or created by you alone, and who exactly is going I make it any better? At least offer a solution.
If Amazon is changing their packaging, it's not to help the consumer, it's because it's cheaper to ship that way. There was a time when every book order from Amazon came in a box.
I ordered three books in the last few weeks. The first was a paperback that is the size of a magazine, only thicker. It was shipped in padded bag, without any kind of cardboard. It arrived destroyed.
Next, they sent me a paperback book in a sort of light cardboard wrapper with rubber cement inside. It arrived destroyed.
Today, they shipped me a heavy hardcover book in a padded envelope. It made it here in one piece, but as an Amazon seller myself, I would never even consider sending a big heavy hardcover book in a padded envelope.
They're obviously trying to save money on shipping, but if enough people start to receive damaged merchandise, they are going to have to rethink what they are doing.
Someone else who hates to give $$ to Walmart. I avoid Walmart if at all possible.. I've saved a ton of money by just not going.. I go Dollar Stores and if I should over spend might be like $20, at Walmart if I overspent it was like $100-$150.. I'm eager to try BeatMyPrice. Thanks.
A very nice list; I especially like the inclusion of local churches and charities. It's amazing just how much it takes to keep even a small church running regularly.
Deb Koski: Thanks for the link on donating to Sanford. I have updated the post accordingly. I didn't find this on the main Sanford Health page, so you might want to also post a donation link on the Sanford Health main page.
Thanks everyone for the great charitable organization ideas and information. Keep them coming and I will do an updated "readers favorites" post next week.
Go on that Alaskan cruise! I went for my honeymoon and it was amazing. A good weeklong cruise for two plus airfare will set you back $2k, if that. Do it. You won't regret it.
Setting aside a grand or two to cover initial baby expenses is a good idea. I saved $1k before my son was born and it got us a LONG way, and we didn't receive much baby gear as gifts.
Always be sure to hang onto a hefty emergency fund.
Finally, keep on saving for your house. You want to make sure you can totally afford it before moving in, especially with a baby.
You can have your baby while renting. It's not so bad.
I'm good with buying a house, but I'm wary of buying a place you love. What about trading up? Or fixing up? It's a huge mistake to put all your money into a house when you're planning kids too. Good luck!
I also got piles of cash. I've been debt free but the house on a big income for a single, for awhile now. I am single, and got way more than a 6 month emergency fund. I earn 102K a year.
I can't help but think that I'll need wheel barrows full of cash to buy a donut, with what Obama is doing. Just this past week, I learned that a family of 3 has gone into debt, because of Obama's spending, of $116K and it is accelerating.
What happens if we got to do another war because of an attack by Osama? What happens if we get into another world war? Who's gonna lend the USA more money????
I do not know what to do. I am true believer that one, or a government, cannot borrow their way out of debt, but I have little control of it.
It is time for the normal people to unite, and get rid of all of them!
Save it for a rainy day, and invest when you know the market has rebounded. I'd rather miss the initial 20% jump in the market and settle for 10% after the fact than put my money in too early and wind up losing out. You don't need to chase the best returns, just the returns for what your financial goals are.
I agree with what Stephen has to say. Even if we're not rock bottom (which I think was 3 weeks ago), buying now and holding for 5-10 years is definitely worth it.
Totally agree that compensation is messed up. The problem? Corporate boards aren't doing their job, they're just taking their easy paycheck and OKing everything that came across their desk.
Hello, my name is Chrysti. I am in the process of designing my own clothes line. However, I need someone that can sew and sketch out patterns for my design. If you are still interesting in becoming a seamstress,please response back to me asap.
One thing that many people don't know about the American Red Cross, which I am proud to work for, is that we respond to small disasters as well as large national ones. In my community-- Orange County, Calif.-- we respond to disasters on average of twice a week, with the majority of those disasters being house fires. When someone's house or apartment catches on fire, we send a team to help provide a safety net which may include (among other things) food, medicine, lodging, and rental assistance, depending on the situation. We also provide free community disaster education sessions to help people learn what they can do to prepare themselves and their family to respond to and recover from disasters. And services to the armed forces, and health and safety classes (First Aid, CPR, AED, babysitting, etc.), and youth programs, and international tracing, and more! At our chapter, 85 cents of every dollar raised goes directly towards local programs and services.
None of that is possible without the support and generosity of the public!
@Kacie I like what you're saying. We're very conscious of not totally blowing all our cash. FOr emergency fund purposes and for the baby.
I'm feeling like renting for another year wouldn't be so bad. I doubt the market will "pick up" fast enough to leave us without any good deals in a year vs. now.
The Writer's Coin | Follow me on Twitter
@Jan, in my area, the whole idea of a "starter house" has pretty much melted away. In the hot market that isn't anymore, you could buy a little "starter", fix it up a little, and flip it for a profit after 2-3 years. Those days are gone. I think WC and his wife should find a place they really like, in their price range, and call it good for the foreseeable future.
As for my thoughts on what to do with the cash, I'd treat it like investment proceeds and take some profits. Take that vacation ("babymoon" in _one_ of your dream locations) and then put the rest to work.
If you have doubts as to the security of your jobs, the best thing to do would be to leave cash where it is, or invest very conservatively.
I want South Africa Price of Standby Power Suply
I Think you must save this now and wait for things to improve before you become little more adventorous with your money.. There is a reason why cash is king today.. stick with the king..
I got the same email in my inbox last november. I think this has been going on for awhile. I agree the stuff on the website is practical. Do I think that ING is going down like all the other banks? not really. A banks job is to get you to invest money into the bank. Spending money can only stimulate the economy and they probably re-invest any dividends back into products, services that can better serve us. So I say thumbs up to ING.
I am wanting to move my pc dvr by the tv. I will then need to create a network to hook it to my working pc and the internet for listings. This will be just in time to help me figure out how to do all this. Hope I win.
Doctors Without Borders. Doctors and nurses volunteer to provide urgent medical care in countries to victims of war and disaster regardless of race, religion, or politics.
http://doctorswithoutborders.org/
You want everything but don't want to pay for it (in taxes). Defense isn't free, your lifestyle isn't defined or created by you alone, and who exactly is going I make it any better? At least offer a solution.
If Amazon is changing their packaging, it's not to help the consumer, it's because it's cheaper to ship that way. There was a time when every book order from Amazon came in a box.
I ordered three books in the last few weeks. The first was a paperback that is the size of a magazine, only thicker. It was shipped in padded bag, without any kind of cardboard. It arrived destroyed.
Next, they sent me a paperback book in a sort of light cardboard wrapper with rubber cement inside. It arrived destroyed.
Today, they shipped me a heavy hardcover book in a padded envelope. It made it here in one piece, but as an Amazon seller myself, I would never even consider sending a big heavy hardcover book in a padded envelope.
They're obviously trying to save money on shipping, but if enough people start to receive damaged merchandise, they are going to have to rethink what they are doing.
Someone else who hates to give $$ to Walmart. I avoid Walmart if at all possible.. I've saved a ton of money by just not going.. I go Dollar Stores and if I should over spend might be like $20, at Walmart if I overspent it was like $100-$150.. I'm eager to try BeatMyPrice. Thanks.
A very nice list; I especially like the inclusion of local churches and charities. It's amazing just how much it takes to keep even a small church running regularly.
Deb Koski: Thanks for the link on donating to Sanford. I have updated the post accordingly. I didn't find this on the main Sanford Health page, so you might want to also post a donation link on the Sanford Health main page.
Thanks everyone for the great charitable organization ideas and information. Keep them coming and I will do an updated "readers favorites" post next week.
Catherine Shaffer
Wise Bread Contributor
Go on that Alaskan cruise! I went for my honeymoon and it was amazing. A good weeklong cruise for two plus airfare will set you back $2k, if that. Do it. You won't regret it.
Setting aside a grand or two to cover initial baby expenses is a good idea. I saved $1k before my son was born and it got us a LONG way, and we didn't receive much baby gear as gifts.
Always be sure to hang onto a hefty emergency fund.
Finally, keep on saving for your house. You want to make sure you can totally afford it before moving in, especially with a baby.
You can have your baby while renting. It's not so bad.
I'm good with buying a house, but I'm wary of buying a place you love. What about trading up? Or fixing up? It's a huge mistake to put all your money into a house when you're planning kids too. Good luck!
I also got piles of cash. I've been debt free but the house on a big income for a single, for awhile now. I am single, and got way more than a 6 month emergency fund. I earn 102K a year.
I can't help but think that I'll need wheel barrows full of cash to buy a donut, with what Obama is doing. Just this past week, I learned that a family of 3 has gone into debt, because of Obama's spending, of $116K and it is accelerating.
What happens if we got to do another war because of an attack by Osama? What happens if we get into another world war? Who's gonna lend the USA more money????
I do not know what to do. I am true believer that one, or a government, cannot borrow their way out of debt, but I have little control of it.
It is time for the normal people to unite, and get rid of all of them!
Edie
Save it for a rainy day, and invest when you know the market has rebounded. I'd rather miss the initial 20% jump in the market and settle for 10% after the fact than put my money in too early and wind up losing out. You don't need to chase the best returns, just the returns for what your financial goals are.
http://missmoneypenny.squarespace.com
Just make sure you spend that money wisely! Looks like you guys are in a very fortunate position. Good for you.
I agree with what Stephen has to say. Even if we're not rock bottom (which I think was 3 weeks ago), buying now and holding for 5-10 years is definitely worth it.
As Suzie Orman suggests, don't invest in the stock market if you think you'll need the money within 5 years. Or was it 10?
@Stephen I'm surprised to hear that! I was expecting more conservative, responsible feedback!
The Writer's Coin | Follow me on Twitter
Totally agree that compensation is messed up. The problem? Corporate boards aren't doing their job, they're just taking their easy paycheck and OKing everything that came across their desk.
The Writer's Coin | Follow me on Twitter
Hello, my name is Chrysti. I am in the process of designing my own clothes line. However, I need someone that can sew and sketch out patterns for my design. If you are still interesting in becoming a seamstress,please response back to me asap.
Thank you,
Chrysti
One thing that many people don't know about the American Red Cross, which I am proud to work for, is that we respond to small disasters as well as large national ones. In my community-- Orange County, Calif.-- we respond to disasters on average of twice a week, with the majority of those disasters being house fires. When someone's house or apartment catches on fire, we send a team to help provide a safety net which may include (among other things) food, medicine, lodging, and rental assistance, depending on the situation. We also provide free community disaster education sessions to help people learn what they can do to prepare themselves and their family to respond to and recover from disasters. And services to the armed forces, and health and safety classes (First Aid, CPR, AED, babysitting, etc.), and youth programs, and international tracing, and more! At our chapter, 85 cents of every dollar raised goes directly towards local programs and services.
None of that is possible without the support and generosity of the public!
My pocket is the only charity that I can actually afford right now.