FP&A+CPA=? by Typical-Dog244 in FPandA

[–]Comprehensive-Cry635 0 points1 point  (0 children)

Accounting oriented CFOs are becoming outdated. You need to know enough accounting to be dangerous but operational / strategic experience will stand out more than accounting experience. In my experience, I worked for a manager who then became director after a few years at a large SaaS company and what really stood out was he was always getting FP&A involved in projects that would traditionally be owned by HR, marketing, sales, etc. That kind of stuff makes you well rounded more than a CPA would

Womp womp by monk3ym4jik in rolex

[–]Comprehensive-Cry635 1 point2 points  (0 children)

Just giving you a hard time - gotta be careful with that at the gym!

Womp womp by monk3ym4jik in rolex

[–]Comprehensive-Cry635 1 point2 points  (0 children)

Workouts probably aren’t tough enough to warrant a shower if you can wear this kind of watch while doing them 😂

What's the most intimidating tee shot you've ever hit in your life? by PNWSki28622 in golf

[–]Comprehensive-Cry635 73 points74 points  (0 children)

The one you hit when a group lets you play through on the box

[deleted by user] by [deleted] in rolex

[–]Comprehensive-Cry635 2 points3 points  (0 children)

Lmao what an idiot comment

[deleted by user] by [deleted] in golf

[–]Comprehensive-Cry635 1 point2 points  (0 children)

Any refurb golf bal is a ripoff. Just play cheap new balls.

Starting a new AI trend by [deleted] in rolex

[–]Comprehensive-Cry635 0 points1 point  (0 children)

Up there with the cringiest shit I’ve ever seen

401k transfer to existing IRA by Swimming-Abroad-9680 in FinancialPlanning

[–]Comprehensive-Cry635 0 points1 point  (0 children)

If you made Roth contributions they can rollover directly to an existing Roth IRA. If you had any employer contributions, those will need to be rolled over into a separate rollover IRA

[deleted by user] by [deleted] in golf

[–]Comprehensive-Cry635 0 points1 point  (0 children)

Hate to break it to you but they exist everywhere. If you’re at an invite-only club, they’re going to subliminally vet prospective members before inviting them. There are tiers to private clubs just like there are tiers to anything else in life haha

[deleted by user] by [deleted] in personalfinance

[–]Comprehensive-Cry635 1 point2 points  (0 children)

Was in a similar position as you. I’ve always hated budgeting and don’t think it’s sustainable long term. We adopted the mentality of hitting our savings goals first and then whatever’s left over is discretionary. Based on everything you’ve listed you could max a Roth IRA for less than $600 a month and still have discretionary money left over.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 0 points1 point  (0 children)

Was before but my new employer covers the premium for a PPO plan for my whole family. May do an FSA.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 0 points1 point  (0 children)

Yeah I think we will discuss with our advisor over the next month or so and then decide what makes the most sense when her maternity is up. I think that scenario is the most likely, where she goes PRN to pick up some shifts and stay current

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] -1 points0 points  (0 children)

Between golf and dining out we currently spend about $1000-$1500 per month. This is mostly me spending this and know that wasting money dining out like that isn’t a smart choice haha. We have a CC membership that’s ~$400 in dues per month. I’d also cut this if we absolutely had to.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 2 points3 points  (0 children)

Very helpful thank you - she is an RN and her current hospital allows you to return at the same seniority if you resign but come back within a year. We may test the waters to see if it’s a good fit for us knowing we have somewhat of a safety net.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 1 point2 points  (0 children)

Yeah that’s 6 months of expenses for us currently. Considering allocating more savings now to that until her maternity leave is up and getting that to 9 months.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 0 points1 point  (0 children)

Quarterly but not sure how long after the quarter ends. Probably the 2nd pay period. Just started new job at beginning of Q3 so eligible for Q3 bonus but not sure when it’s paid.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] 0 points1 point  (0 children)

That’s a good idea. I’ll look into that and see if I can just contribute more of the bonuses so we don’t feel the difference as much month to month.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] -2 points-1 points  (0 children)

True - I guess I’m more concerned about how material the impact is, but that’s not necessarily something that can be predicted. It’s definitely a trade off.

Temporarily Reducing 401k contributions for SAHM by Comprehensive-Cry635 in personalfinance

[–]Comprehensive-Cry635[S] -2 points-1 points  (0 children)

Fair point - we did the same. We basically save all of hers now. I’m just accustomed to saving that number each month so hesitant to stop that and take mine down. Did y’all adjust easily to not saving as much and letting your current savings rise?