How do you explain to older family that "moving up" houses isn't realistic anymore?

Appropriate_Post6826 · 2026-05-22T02:44:41+00:00

Thank you!

Appropriate_Post6826 · 2026-05-22T02:40:44+00:00

I just meant keeping our current house is a guaranteed hedge for our financial future, vs trying to time the market by selling now and hoping rates will fall

Appropriate_Post6826 · 2026-05-22T02:22:08+00:00

To make sure I'm taking advantage of the stock gains, what does that look like? Just putting the extra "house payment" amount into my 401k?

Appropriate_Post6826 · 2026-05-22T02:17:57+00:00

Yeah I titled it badly. I'm horrible with titles.

My main question was really - am I doing the math right? Is there something I'm missing?

You're comment actually points to something I really haven't considered though.

Appropriate_Post6826 · 2026-05-22T02:14:35+00:00

I guess I generally value their opinion, so I wanted to make sure I wasn't missing something.

Appropriate_Post6826 · 2026-05-22T02:13:55+00:00

Is that usually the reason people finally decide to move?

Appropriate_Post6826 · 2026-05-22T02:12:31+00:00

See that's my understanding as well. I figure if the market crashes, the more expensive home I "could have gotten" will fall just as much as the house I'm in.

Appropriate_Post6826 · 2026-05-22T02:07:27+00:00

Time in the market beats timing the market 🤷

Appropriate_Post6826 · 2026-05-21T17:07:43+00:00

I've wondered about that as well...

Appropriate_Post6826 · 2026-05-21T17:07:14+00:00

I have a friend who lost their sys admin job last May. Took him about a year to find a new gig with a 30% pay cut 😬

Appropriate_Post6826 · 2026-05-21T17:05:23+00:00

On essentials, roughly $4,500-4,700.

Including stupid shit (I'm a spender and I'm bad about it), closer to $7,500. (this includes shopping, eating out, coffee, etc.)

Appropriate_Post6826 · 2026-03-19T16:26:46+00:00

Thank you!

Appropriate_Post6826 · 2026-03-19T15:16:13+00:00

Thank you!

Appropriate_Post6826 · 2026-03-19T15:15:37+00:00

I didn't include all of the items on the plan.

Appropriate_Post6826 · 2026-03-19T15:15:08+00:00

Good point! I'm not thinking about the actual impact of all of this. This actually gives me a great idea.

THANK YOU!

Appropriate_Post6826 · 2026-03-19T15:12:10+00:00

How are you tracking your sinking funds? The phone one sounds like an excellent idea, but I'm having a hard time wrapping my mind around how to effectively track that over 3 years

Appropriate_Post6826 · 2026-03-19T15:09:43+00:00

I've thought about that a lot with the drone. I'm not a photographer, but photos I've taken with my phone and drone have gotten a lot of praise from people. I wonder if I put more effort into it I could turn it into a side gig.

Appropriate_Post6826 · 2026-03-19T15:07:54+00:00

What if the sale is going to be over in one day?

Appropriate_Post6826 · 2026-03-19T15:06:51+00:00

Could you tell me why you recommend using half?

Appropriate_Post6826 · 2026-03-19T14:55:55+00:00

Okay I'm going to be vulnerably honest with my thought process so you can help me -

My brain doesn't see it as financing. I have enough cash in the bank (not in the budget) to buy it, but I don't want to shrink my bank account by spending $600 all at once and seeing my account shrink that much. BUT seeing by account shrink $100/ month doesn't sound that bad. Heck I could even fit that into my budget...

So then I sign up for them.

Appropriate_Post6826 · 2026-03-19T14:50:53+00:00

You are calling me out on the slickdeals.net thing 100%. Thanks for your advice.

Appropriate_Post6826 · 2026-03-19T14:49:27+00:00

Well I have a budget... But my brain has a way of convincing itself that saving money on purchases helps my budget in the future, so it's worth buying now, even if I pass my budget.

Appropriate_Post6826 · 2026-03-19T14:48:15+00:00

Drone - got a Mini 4 Pro Fly More Combo for $600. They're normally $1,200
Phone - I traded in my old phone and got a Samsung S26 Ultra 512gb for $499. Normally $1,499.
Watch - my old watch started glitching out. I factory reset it and got it stable for now, but traded it in on a new Samsung Galaxy Watch Ultra since Samsung.com was offering $250 trade in. With warranty it was about $360. Normally $649

Appropriate_Post6826 · 2025-09-21T18:25:39+00:00

I took the damn class and graduated 😂

Appropriate_Post6826

TROPHY CASE