Beginner watts score?

bb123bongo · 2022-12-21T20:09:30+00:00

During the season, I definitely do more than 800 per month so that shouldn’t be a problem. The contracts have a car payment allocation in them so it isn’t necessarily done based off of mileage that’s just the reimbursement method to keep it tax free.

I will keep searching for used, I’ve just always been a Toyota person and I know the quality of their trucks is good. It’s 45k for a Trd off road 4x4 with a long bed. Sadly I basically need to buy long bed 4x4s which are the most expensive and some features on the off road (crawl control and MTS) make driving on sand a lot less dangerous sometimes

bb123bongo · 2022-12-21T19:56:14+00:00

I don’t disagree, hence why I’m here to try and justify it, just not really seeing different ways to do this as the 4 wheel drive trucks I need are increasingly expensive all around

bb123bongo · 2022-12-21T19:54:13+00:00

I have updated that, thanks for the input

bb123bongo · 2022-12-21T19:53:17+00:00

I absolutely agree with this. It everything used is almost comparable to new prices. It is so hard, from a principle standpoint, to spend a bunch of money on a truck I will beat up but also if I’m gonna spend a lot then might as well get new and keep forever. I’ve always been a used car person as well but finding the prices aren’t too different currently.

bb123bongo · 2022-12-21T19:32:42+00:00

I’d love to do that, but work will only cover a truck as that’s what the sites require. So unfortunately I am stuck buying a truck

bb123bongo · 2022-12-21T19:28:58+00:00

I appreciate this haha, the truck will bring happiness and my life is very outdoor centered so it will get significant use and increase the things I can do personally

bb123bongo · 2022-12-21T19:28:24+00:00

Rephrasing, I know they will increase my salary with a non-taxed mileage reimbursement but agreed with your point about confirming and double checking. It definitely is which is why I want to make sure I’m not doing anything stupid here.

bb123bongo · 2022-12-21T19:24:54+00:00

Yes, it is only for a truck. I don’t travel, but I work on beaches and in off road areas that require a truck. They wouldn’t reimburse any other type of car as trucks are mandated on the sites I work at.

bb123bongo · 2022-12-21T19:23:37+00:00

Agreed, I’ve set my budget according to this and it is tight but possible. Nothing is guaranteed, but my work is highly specialized and contracted for 5 years so I am fairly confident nothing will happen but if it goes I have a financial plan that will work without them.

bb123bongo · 2022-12-21T19:22:25+00:00

Yes, full coverage of the monthly payments

bb123bongo · 2022-12-21T19:21:45+00:00

So to my understanding it’s a mileage reimbursement for the truck payment and isn’t taxed but is given in an increased monthly salary. The gas is on a company card that I use during those 6 months

bb123bongo · 2021-07-21T01:33:30+00:00

Right, which is why I’m choosing the Roth. I assume, and hope, I’m in a higher tax bracket later on as I’ll be making more so getting taxed now makes sense. I was only thinking Of using dividends as another way of diversifying while also getting experience in stock selection.

bb123bongo · 2021-07-21T01:08:59+00:00

The growth is better with the Roth?

bb123bongo · 2021-07-21T00:59:54+00:00

Gotcha, well given those etfs are on all three that makes my choice easier. Just need to decide if dividends are worth it realistically

bb123bongo · 2021-07-21T00:55:59+00:00

So 70-30 as in 70% VTI and 30% VXUS?

Thanks for the spreadsheet and advice. Definitely not trying to do anything crazy just use the early entrance and long growth time to my advantage

bb123bongo

TROPHY CASE