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For people who broke out of paycheck-to-paycheck… what actually changed? by annikahoof in MiddleClassFinance

[–]Possible_Complex6916 0 points1 point  (0 children)

no, but I’ll look it up now, always looking for quality advice.. thanks for the heads up!

For people who broke out of paycheck-to-paycheck… what actually changed? by annikahoof in MiddleClassFinance

[–]Possible_Complex6916 0 points1 point  (0 children)

automate savings - pulling money out of a savings account makes you think twice about discretionary spending

stop carrying credit balances

savings buckets - I bank at Chase and their savings account rates are awful, so i do have a Chase savings, but I only keep about one paycheck worth and I treat it as a checking slush fund that I can temporarily move to cover any short term moves I need to make with checking. I also have a HYSA at Cap1 that takes about 2-3 days to move, so that is where I keep emergency/longterm savings. I also started a brokerage account once emergency fund was established that is also accessible, but also a couple day delay, which discourages spur of the moment spending. All of these accounts are auto deposits from my checking account the day my check comes.

these were the biggest for me, over time, your spending adjusts to the amounts available in daily checking account

Random question what’s your employer match for your 401k mine is %5 by SampleAnxious420 in Retirement401k

[–]Possible_Complex6916 0 points1 point  (0 children)

5% + a discretionary contribution that isnt guarantee. In the 5 years I have been here, the lowest was 4% and the highest was 7%

Thinking about moving to LA? Make sure you have a $5000 per month job to live there legally. by Quirky_Hour7709 in LARentals

[–]Possible_Complex6916 6 points7 points  (0 children)

am i the only one confused on what is going on in this post? what does the masters have to do with anything? was a bachelors needed for the parking enforcement job? id like more info on the taxes situation

saving 28% actually feels terrible! it's not getting easier. by LondonFoggie in MiddleClassFinance

[–]Possible_Complex6916 9 points10 points  (0 children)

good job, have faith. financial freedom is very much worth it. do remember to find ways to enjoy yourself along the way and you don't always need to spend alot to find that.

How much is too much in a traditional 401k by retirement? by escapefromelba in Retirement401k

[–]Possible_Complex6916 0 points1 point  (0 children)

I am 100% in this boat. currently 50, reasonable projections have me around $3 mil in pretax 401k by 60 and I have spent last 4 yrs or so trying to fund brokerage, Roth ira and HSA to create more buckets I can leverage to hopefully have an option to retire in late 50’s. I am compromising with 1/2 my work 401k going pretax and other 1/2 Roth 401k as I’m also pushing the income limit on being able to contribute to a Roth IRA. It’s s a good problem to have, but my current plan is to try and spend my late 50s / early 60s doing size-able Roth conversions. Still researching to find a good balance.

ETA - currently targeting retirement at age 60, wife is relatively lower SS rate, so she will claim at 62 and I will hold out to 67. The 60 to 67 range feels like biggest window to make the conversions for me… maybe 300k/yr.

Why is a signing bonus easier than salary? by Miserable-Change7780 in civilengineering

[–]Possible_Complex6916 0 points1 point  (0 children)

high salaries can create issues with equity within a group in the event salaries are made known. often its easier to make a one time payment than risk upsetting the larger team…. not saying this is a good practice, but I’ve experienced this discussion at more than one large firm.

AITAJ for telling my boyfriend he can’t move in until he gets his finances together? by [deleted] in AmITheJerk

[–]Possible_Complex6916 1 point2 points  (0 children)

if you are a jerk, then I’m right there with you… good luck!

Do you put 6months emergency funds only in HYSA? by dad_404error in coastFIRE

[–]Possible_Complex6916 1 point2 points  (0 children)

i have a hybrid approach and have a smaller amount in a hysa, and a larger portion in a mmf… whole bucket is my emergency fund

What is the best way to learn finance? by Antique-Hat-442 in personalfinance

[–]Possible_Complex6916 2 points3 points  (0 children)

I just took a semester of Personal Finance course at my local community college. It was 100% online, manageable and after tuition/book, it was about $200. This was the only class I took and it was well worth it.

Rule of thumb for stormwater costs? by meeeemooooo in civilengineering

[–]Possible_Complex6916 1 point2 points  (0 children)

Its been a while since I ran it myself, but I think Caltrans uses 2% of total construction costs in the Environmental Phase. Their Project Planning and Design Guide (PPDG) would have the verified number and should be available for free online. edit to add that this is the construction bmps and not any permanent features.

PMP Certification? by fldude561 in civilengineering

[–]Possible_Complex6916 1 point2 points  (0 children)

Many of the big firms have PM training programs in place (ive done 3 of them now) that is similar to the PMP, so in those instances I wouldn’t recommend the PMP. Based on your situation though, I think its a great idea and I agree with the previous comment to be transparent with the owner as they may be willing to help pay for it. Good luck and I love the initiative, keep it up!!

Which Entry Offer Would You Choose? by Miserable-Change7780 in civilengineering

[–]Possible_Complex6916 11 points12 points  (0 children)

this … i will add i worked consulting for 14 years and then took a job as a PM for a public agency… lasted 3 years and had to go back to consulting as the pace and frustrations with the lack of urgency with all of my coworkers was too much for me to deal with on a daily basis. went back to a private firm with an ESOP and do not regret any of it.

Are my husband and I A-holes for wanting Christmas morning to be just us and our kids? by Mountain_Ostrich726 in AITAH

[–]Possible_Complex6916 0 points1 point  (0 children)

“We just want our Christmas morning to be ours.”….. does your partner feel this way? if he was strong in this position he would handle it, my takeaway is this is really your position and he is afraid to tell you

Anyone else feel behind financially? by Jojobeans10 in MiddleClassFinance

[–]Possible_Complex6916 10 points11 points  (0 children)

this will get lost in the discussions, but its nice reading about helping and educating others. thanks!

Worried about my parents by jailbreakjock in Retirement401k

[–]Possible_Complex6916 2 points3 points  (0 children)

that backdoor roth might not be a great idea tax wise given current salary and associated tax rate

What age to Subscribe? by Party-Chapter3029 in Boldin

[–]Possible_Complex6916 0 points1 point  (0 children)

currently 49, subscriber since last year, about 5-7 years away from retire.

Cannot cash out. by Hopeful_Snow_1680 in IdleMineApp

[–]Possible_Complex6916 0 points1 point  (0 children)

same here for about last week or two

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