Yet hospitals reuse gowns, bedsheets, and the like. Keep them in a watertight bag, that can be wiped out or washed(like the ones made for reusable diapers), wash, sun dry(if possible, and then sanitize by boiling them for at least 5 minutes.
You're welcome, Chris. There are some really bad lenders out there. Some have a long history of predatory lending on people with poor credit ratings. For example, there were a couple of companies in the San Diego area offering cards with a 79.99% APR. Crazy!
Glad to help, Brett. You're absolutely right that there are some terrible lenders out there. Credit cards are often useful to build good credit history. However, this doesn’t mean that you should go ahead and get any credit card. There are some really bad deals out there and then there are some terrible deals. Before the 2009 Credit Card Act, some banks would issue unsecured cards with a $250 credit limit with a total of up to $276 in fees. Yes, the fees could exceed the credit card’s limit.
600K to pay off student loans and mortgage, 50K to a new car and other debts, 100K to my sister to help her buy a house and invest the remaining 250K (there are no taxes in imaginary land of course.)
Great to have such an app like Mint. Before mint I used excel which still managed to do what I needed :) Probably sounds a little bit old-fashioned, but still excel is my favorite app for data records, budgeting, smaller account stuff.
P.S. Keeping an eye and planning your expenses is always a smart move, but it's better to earn more so you don't have to bother :)
My parents are retired but I am concerned that they will outlive their money so I would set aside $100k for them in case it's needed, plus $30k to fix up their house. $100k each to my niece and nephews in trust until they're older and $200k for my brother for his retirement account. The rest into my own retirement account.
I harvest wild plants every year. I use weeds not only for dinner but I ferment tham too and make medicine. Last year I made several batches of wine with red clove and dandelion. It was so good !!! I love how dandelion flowers smile to us in the spring. Since you can't dehydrate dandelion flowers, I made discovery last year by putting them into freezing zipper bags and store in the freezer and Ola-la, you have fresh spring flowers for your tea in winter. What else can be better compare to the store junk ? :)
I love weeds from my backyard , and I treat them as my best generouse and loyal friends I can rely on anytime! :)
Great piece but about "Increasing Home Values," a few markets are very high - LA, San Francisco and Miami, for example - so potential buyers should calculate the downside potential, if any, before buying.
I stopped taking hostess gifts to dinner parties where I am likely to issue a reciprocal invitation long ago (except for special occasions) when a bottle of decent wint hit twenty bucks. We are all on budgets. I do not expect my guests to pay for their meal. But complimenting the cook, now, that's not negotiable.
So it's ok to imply the groom has won the bride, but not the other way around? Ah, old sexist customs...that one maybe deserves to die.
Great article. Another good bulk buy I have found useful is laundry items such as detergent, fabric softener, and dryer sheets. Which bulk buy have you found the most useful out of the ones listed?
I have a friend who would say that failing was not an option. However, I watched him fail, recover and succeed. I used to be terrified of failing, but now I say so what.
Useful information! As for designer handbags, I never buy new. I have found great deals online for secondhand handbags in like-new condition. Twice and Thredup both sell handbags as well as secondhand clothing.
In general, this is great advice for anyone focusing on paying as much mortgage interest as possible.
"You'll Miss Out on Tax Advantages"
This is a very skewed description of how tax deductions actually work. The only reason to bother itemizing is if your itemized deductions are greater than your automatic deduction level. In fact, unless you do your taxes yourself, the itemized deductions need to be significantly greater than your automatic deduction level to account for the added cost of tax preparation. "Lowering your tax liability by $2000" assumes that you have enough additional deductions to actually lower your liability.
"Your home is your biggest investment, and naturally, you want to protect it."
your house is not an investment. The odds of it increasing in value enough to overcome the amount of interest you pay over the lifetime of the loan are very low. Your main goal should be lowering the total amount of interest paid, so if you really insist on seeing your house as an investment then the only reasonable response is to pay off the principle as quickly as possible to avoid long-term interest.
"but there are no guarantees a plan like this will work."
There are no guarantees anything will work- including your response to this scenario. Paying off the house early reduces total interest payments, which amount to a surprising amount if you really look at your GFE. Eliminating a mortgage payment in retirement means less income need. Reducing long-term interest costs means more money to save.
I had a boss who was a mixture between the manipulative, debbie downer and desperate to be popular types. She would play politics all the time, criticising some colleagues in front of others. She bullied me among her minions, believing a person who was in charge in my team and who was completely paranoid. She would tell me she wouldn't like the way in which I moved my eyes, she wouldn't tell me when they'd go for a meeting but would take the other team leads with her, she would be incredibly partial to some people she liked and became obsessively annoying and a complete pain in the neck about people who she didn't like.
I had a really stressful time working for that company, fortunately is over. The positive side about all this is I learnt a lot to deal with insecure and so severely flawed people.
Yet hospitals reuse gowns, bedsheets, and the like. Keep them in a watertight bag, that can be wiped out or washed(like the ones made for reusable diapers), wash, sun dry(if possible, and then sanitize by boiling them for at least 5 minutes.
You're welcome, Chris. There are some really bad lenders out there. Some have a long history of predatory lending on people with poor credit ratings. For example, there were a couple of companies in the San Diego area offering cards with a 79.99% APR. Crazy!
Glad to help, Brett. You're absolutely right that there are some terrible lenders out there. Credit cards are often useful to build good credit history. However, this doesn’t mean that you should go ahead and get any credit card. There are some really bad deals out there and then there are some terrible deals. Before the 2009 Credit Card Act, some banks would issue unsecured cards with a $250 credit limit with a total of up to $276 in fees. Yes, the fees could exceed the credit card’s limit.
600K to pay off student loans and mortgage, 50K to a new car and other debts, 100K to my sister to help her buy a house and invest the remaining 250K (there are no taxes in imaginary land of course.)
Great to have such an app like Mint. Before mint I used excel which still managed to do what I needed :) Probably sounds a little bit old-fashioned, but still excel is my favorite app for data records, budgeting, smaller account stuff.
P.S. Keeping an eye and planning your expenses is always a smart move, but it's better to earn more so you don't have to bother :)
I use all of the rules. Being well mannered will never go out of style.
I STILL do every single one of these.
FIE upon those who don't; talk about deal-breakers!
Pay off the house, invest the rest in my early retirement.
Pay off my credit cards, buy a house, and invest the rest.
My parents are retired but I am concerned that they will outlive their money so I would set aside $100k for them in case it's needed, plus $30k to fix up their house. $100k each to my niece and nephews in trust until they're older and $200k for my brother for his retirement account. The rest into my own retirement account.
I have a health business where I help others get healthy and stay healthy. It's free to be a distributor.
I harvest wild plants every year. I use weeds not only for dinner but I ferment tham too and make medicine. Last year I made several batches of wine with red clove and dandelion. It was so good !!! I love how dandelion flowers smile to us in the spring. Since you can't dehydrate dandelion flowers, I made discovery last year by putting them into freezing zipper bags and store in the freezer and Ola-la, you have fresh spring flowers for your tea in winter. What else can be better compare to the store junk ? :)
I love weeds from my backyard , and I treat them as my best generouse and loyal friends I can rely on anytime! :)
Great piece but about "Increasing Home Values," a few markets are very high - LA, San Francisco and Miami, for example - so potential buyers should calculate the downside potential, if any, before buying.
Pay off debt, buy my parents and sister whatever they want, and invest the rest!
I stopped taking hostess gifts to dinner parties where I am likely to issue a reciprocal invitation long ago (except for special occasions) when a bottle of decent wint hit twenty bucks. We are all on budgets. I do not expect my guests to pay for their meal. But complimenting the cook, now, that's not negotiable.
So it's ok to imply the groom has won the bride, but not the other way around? Ah, old sexist customs...that one maybe deserves to die.
Great article. Another good bulk buy I have found useful is laundry items such as detergent, fabric softener, and dryer sheets. Which bulk buy have you found the most useful out of the ones listed?
I would buy a house!
Even better, pay up your whole debt and then just cancel your credit cards. I did that a few years ago, and life has been... well... easier.
I would go on a nice, long vacation.
I have a friend who would say that failing was not an option. However, I watched him fail, recover and succeed. I used to be terrified of failing, but now I say so what.
Useful information! As for designer handbags, I never buy new. I have found great deals online for secondhand handbags in like-new condition. Twice and Thredup both sell handbags as well as secondhand clothing.
In general, this is great advice for anyone focusing on paying as much mortgage interest as possible.
"You'll Miss Out on Tax Advantages"
This is a very skewed description of how tax deductions actually work. The only reason to bother itemizing is if your itemized deductions are greater than your automatic deduction level. In fact, unless you do your taxes yourself, the itemized deductions need to be significantly greater than your automatic deduction level to account for the added cost of tax preparation. "Lowering your tax liability by $2000" assumes that you have enough additional deductions to actually lower your liability.
"Your home is your biggest investment, and naturally, you want to protect it."
your house is not an investment. The odds of it increasing in value enough to overcome the amount of interest you pay over the lifetime of the loan are very low. Your main goal should be lowering the total amount of interest paid, so if you really insist on seeing your house as an investment then the only reasonable response is to pay off the principle as quickly as possible to avoid long-term interest.
"but there are no guarantees a plan like this will work."
There are no guarantees anything will work- including your response to this scenario. Paying off the house early reduces total interest payments, which amount to a surprising amount if you really look at your GFE. Eliminating a mortgage payment in retirement means less income need. Reducing long-term interest costs means more money to save.
I had a boss who was a mixture between the manipulative, debbie downer and desperate to be popular types. She would play politics all the time, criticising some colleagues in front of others. She bullied me among her minions, believing a person who was in charge in my team and who was completely paranoid. She would tell me she wouldn't like the way in which I moved my eyes, she wouldn't tell me when they'd go for a meeting but would take the other team leads with her, she would be incredibly partial to some people she liked and became obsessively annoying and a complete pain in the neck about people who she didn't like.
I had a really stressful time working for that company, fortunately is over. The positive side about all this is I learnt a lot to deal with insecure and so severely flawed people.
BATTERIES
I would save for retirement and give to my church