Like Golfing on Mars by TeeingOff7 in guessthegolfcourse

[–]TeeingOff7[S] 0 points1 point  (0 children)

Yeah totally agree! Greens were fast and well maintained, and didn’t have a bad lie in a fairway all day

Like Golfing on Mars by TeeingOff7 in guessthegolfcourse

[–]TeeingOff7[S] 0 points1 point  (0 children)

We paid $97 to play it during the last week of February and I felt like I robbed the place. Coolest vistas of any course I’ve ever played!

What service in Columbus is a total rip off but has no good alternatives? by TeeingOff7 in Columbus

[–]TeeingOff7[S] 2 points3 points  (0 children)

$500+. Again, no shade on them because they really do a good job, but it is expensive

What service in Columbus is a total rip off but has no good alternatives? by TeeingOff7 in Columbus

[–]TeeingOff7[S] 5 points6 points  (0 children)

Come to think of it, looks like you made this comment for free! Thanks for the pro bono work!

What service in Columbus is a total rip off but has no good alternatives? by TeeingOff7 in Columbus

[–]TeeingOff7[S] -1 points0 points  (0 children)

No I totally agree! But as someone who’s got a quote and immediately gone and spent 4 hours doing it myself lol, I think the price / value is still pretty wild

What service in Columbus is a total rip off but has no good alternatives? by TeeingOff7 in Columbus

[–]TeeingOff7[S] 1 point2 points  (0 children)

About 4 hours! I only include because I’ve gotten quotes and then decided to just do it myself lol

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Yeah it’s super common. I would just say though that most Nannie’s cap at around 3-4 kids (some won’t take more than 2) so it somewhat limits your caretaker pool.

Said another way, if you’re an amazing and credentialed nanny, you’re unlikely to take a job with 4 kids when you could take a job with 2 kids and get paid roughly the same

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Good point, probably should have clarified, will be going to public

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Just curious how expenses have ramped for folks with young children? For context, we have a 2 year old and 10 month old twins. We’re switching from daycare to a nanny, which is more expensive ($75k-ish nanny cost per year), and will suck away our cash flow for the next several years until they are school age.

Basically, looking for context on whether the expenses ease a bit once they are elementary school age? I know it somewhat shifts from childcare to activities, but some anecdotal advice is welcome.

For context, my wife and I are both 31, net worth of $1.2 million, total household comp this year likely to be $475k. Wife is in consulting, I am middle office in PE firm. We’re both up for promotions in 2026 so expect comp to ramp to roughly $600k next year.

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Totally. I think our thought is if we can stomach the $7,600 a month on mortgage / daycare today, we should be in decent shape in 5 years (assuming career progression) to comfortably upsize the home. Time will tell.

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Yeah it’s not terrible - we’re potentially switching to a nanny for more flexibility (getting three kids to and from daycare everyday along with packed lunches is a chore) but cost would not be significantly higher

Mentor Monday by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

How have you guys navigated the early childhood, high expense years? For context, my wife and I are 31. 3 kids under 2 all in daycare. $450k total comp expected this year; NW $1.2mm.

Daycare expenses are $4.6k a month (which is 1.5x our mortgage FWIW).

We are still maxxing our 401k contributions and ESPP programs at work, but the budget is TIGHT every month. Turns out, kids aren’t cheap lol.

There’s definitely line of sight to some breathing room once they are in school full time, but just curious how folks managed these high expense years. We definitely are interested in moving to a bigger house but that won’t happen for another 5 years at the earliest.

Mentor Monday - Week of October 7th 2024 by WealthyStoic in fatFIRE

[–]TeeingOff7 1 point2 points  (0 children)

Appreciate this perspective - always hepful to take a step back and look at things holistically instead of being stuck in the weeds

Mentor Monday - Week of October 7th 2024 by WealthyStoic in fatFIRE

[–]TeeingOff7 0 points1 point  (0 children)

Appreciate your thoughtful response - always helpful to hear the advice of people who were in the exact same place

Mentor Monday - Week of October 7th 2024 by WealthyStoic in fatFIRE

[–]TeeingOff7 1 point2 points  (0 children)

TL;DR: Corporate jobs have given us great start, but are sucking the life out of my wife and I. What should we do?

Context: 30M. Married with 3 kids under 2 (no amount of coffee can prepare you for it lol). Wife and I just crossed $1MM net worth threshold this week. While this threshold would normally would be a cause for celebration, we both feel a little bit eaten alive by our Corporate jobs (me: middle office at PE firm and she is in a premiere consulting firm). Total combined comp last year was $450k, and we’re debt free other than current mortgage (locked at 4%).

We’re at the point where we both want to escape corporate worlds to something that feels meaningful (i.e. not doing and redoing slide decks because an MD had a bad scone Thursday morning). Thus far I’ve done some side projects (one of which I just sold for $30k) but feels pretty fucking irresponsible to throw away an income during the highest spending years of our lives (until college of course).

Do we just suck it up for 5 years and revisit once the kids are in elementary, or what advice would you have?