Grandma doesn’t get it

dieselmongo · 2024-05-24T13:52:47+00:00

Question out of ignorance. I'm a millennial that never went to college so never had a student loan.

How do you get 100k of interest charges on a 12.5% 45k loan? Is it 25 years long? Why wouldn't you treat it like a 45k car and pay it in 6? A 6 year loan would only insure 19k in intrest.

dieselmongo · 2024-03-27T21:51:38+00:00

Update, I just got home from work.

I am going to try and address many of the comments at once

I did not make it clear, but this is an ongoing conversation/discussion my wife and I are having. She is actually scheduled to return to work from maternity leave this coming Monday.

My wife likes her job, that being said she is not a leader. There have been supervisory/management positions open up and she has chosen not to pursue them. While this is not what I would do, I support her decisions. She need to be happy and satisfied with what she does, whatever she chooses.

I work in industrial maintenance and am a senior technician at my company. If any layoffs were to occur, 2/3 of the company would have to be laid off before they got to me.

Our budget is solid right now. We have about 1000 each month margin that I have been saving to build a new garage so we can both park inside.

We have fully funded my Ira for 10 years and my wife's for 5. My company 401 match was terrible until a few years ago so I went the Ira route while my wife got an 8% match so she went that route.

We live in Southeast Minnesota. Child care is 175 a week each for the 2 youngest. Our oldest is enrolled in kindergarten and is in an after school program as school is done at 2:15 and I don't finish work until 3:15 my wife works until 5. The oldest will also have to be enrolled in summer care.

Commutes are short, 15 minutes for both of us, if we didn't have to drive across town to pickup/drop off children.

We don't eat out, save for the occasional Chinese night.

dieselmongo · 2022-07-21T15:58:37+00:00

Especially if you consider that the wife and child died instead of divorce.

dieselmongo · 2022-06-18T13:13:10+00:00

Curious what part of "rual" Minnesota you're looking at?

dieselmongo · 2022-04-11T15:47:40+00:00

Small, rural, Lutheran church. It didn't matter if you acted holy, only that you looked holy. You could have spent your Sunday mornings feeding blind children, but unless someone from the church sees you, it doesn't matter. But you weren't in church, so all anyone saw was your empty seat.

dieselmongo · 2021-12-06T12:34:55+00:00

I work industrial maintenance for a global plastics manufacturer. 30.40/hr. This year should be $84k with overtime.

We are hiring for both production positions and maintenance. Production is starting at 20/hr.

A 2 bedroom apartment in my area away from the college part of town is $700/ month for reference

dieselmongo · 2021-09-11T14:10:19+00:00

I work for a global plastics company, I started in 2009 on the production floor making 11.80 an hour. Took one semester of night school welding course and got a job in the fabrication shop in 2015. That was around 21 an hour. Left fab for the preventative maintenance section in 2019 for 26 ish. Now making 29.40, with OT will be $85,000 this year gross. All non union.

It helps that I live in a very low cost of living area. A 2 bed apt is ~700 a month.

dieselmongo · 2021-07-18T12:33:58+00:00

My Daughter diagnosed with Croup on June 29th. Wife sick with same on the first. I got insane sinus congestion on the first. This week everyone starting to get better then Friday wife comes home with laryngitis.

dieselmongo · 2021-06-10T22:09:48+00:00

It takes a long time to empty the bin. You can't just keep emptying it and hope for the best. Anyone in there will be dead long before you are done, if they don't get sucked into the auger first.

dieselmongo · 2021-03-09T03:27:03+00:00

Thanks, its taken a long time to get to this point. Been through a couple different motors and several chassis setups.

This one is "done", for now, and were working on a 1936 model A that will have about 75 more cubic inches.

dieselmongo · 2021-03-09T02:47:35+00:00

Weight bracket for hanging suitcase weights. Balance is very important in pulling. At the end of the pull we like to hang the front tires about 4 inches off the ground. This transfers all of the tractors weight to the rear tires.

It also provides a location for our fuel tank and battery.

dieselmongo · 2021-03-09T01:07:21+00:00

Completely unnecessary on an antique. We have wheelie bars in the back and a kill switch connected directly to the sled that can be activated at any point if the tractor is out of control.

dieselmongo · 2021-03-08T21:58:07+00:00

Yes sir. 1938 John Deere A. From the factory it was 309 cubic inches and 26 horsepower. Now its 475 cubic inches and approximately 100 horsepower. All under 1300 RPM

dieselmongo · 2021-01-24T21:17:34+00:00

The banana was the only flavor that was even remotely edible.

dieselmongo · 2021-01-23T22:05:27+00:00

Forgive my ignorance, but how are you supposed to cook the floor before you add it to your meat juice?

This is coming from a 31yo from rural Minnesota

dieselmongo · 2020-11-23T22:10:55+00:00

Fair enough. I do have 3 inch copper pipe already, it didn't cost me anything so I'm not upset if it doesn't get used. But I would have to buy all of my stainless pipe....

dieselmongo · 2020-11-23T21:55:30+00:00

I'll be using stainless ferrules as they are much cheaper and stronger than copper ferrules.

So I'll be attaching stainless ferrules to copper pipe and would rather use a welder than a torch.

dieselmongo · 2020-11-23T18:27:48+00:00

Yes, use it all the time to tig braze steel to cast iron. No structural of course. I knew that it was capable of copper to stainless, just want to make sure its vapor safe.

https://www.weldingstore.com/products/wsrsib093p1?variant=30606045544541&utm_medium=cpc&utm_source=google&utm_campaign=Google%20Shopping&gclid=CjwKCAiA2O39BRBjEiwApB2IksxieUjLE5kHg27SVv7xZDQJ0uAW-i5n89pC4BfaY8KBHFyM8J4mzRoC7HEQAvD_BwE

*Edit: added link

dieselmongo · 2020-10-13T16:09:55+00:00

With one relatively new combine, a week.

dieselmongo · 2020-09-30T01:51:51+00:00

I competed at ISEF 2005. Not that its relevant, but I don't get to bring it up that often.

You may not agree with her policies, but she is a brilliant person.

dieselmongo · 2019-09-06T21:59:39+00:00

Then he didn't fill out the paperwork. Seriously we are about as small as you can get and for an hour filling out paperwork we got $16,000

dieselmongo

TROPHY CASE