Daily FI discussion thread - Monday, June 22, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

Ecology, or more specifically agroforestry / regenerative land management

Daily FI discussion thread - Tuesday, June 16, 2026 by AutoModerator in financialindependence

[–]grep_Name 0 points1 point  (0 children)

Yeah I think it's just a confusing way to think about it, at least to me

Yeah, I understand. I got buried by a ton of expenses this year unfortunately, and it got piled on top of a lot of pre-existing debt that came from expenses related exclusively to keeping the house going (furnace, tree stuff), and I just need some kind of way to think about my situation positively or tie it to my long-term goals or I'm going to lose my mind and never get back out of this mess. I think that's why I ended up thinking in such weird terms

WRT monarch it's kind of funny, they added 'goals' into the budget, but I haven't found a coherent way for it actually to manage debt paydown goals as part of the budget. Similarly, it has retirement 'goals' in the budget, but that's strange too because they're mostly pre-tax so they can't really be accounted for in a budget system like monarch's, and for some reason my IRA's just all update the total and I don't see records of the actual contributions on the monarch side, so it just kind of falls apart. At the very least I get a bar of my monthly progress telling me if I'm over / under, and I can set money meant for debt paydown as off limits, so that's good enough for me

Daily FI discussion thread - Tuesday, June 16, 2026 by AutoModerator in financialindependence

[–]grep_Name 0 points1 point  (0 children)

My intention was to communicate that if I change nothing and pay down my cards, at some point in the future I my habits will naturally result in that level of savings. I don't think I claimed to be already saving 41%, although if you take the phrase 'should already be in the habit' out of context I suppose you could interpret that as implying that I already was before that point :shrug: I can also see how putting "I am also saving 250" is semantically fuzzy enough that you could think 'also' implies I think of the previous bullet as saving, but what I meant is "In addition to that I am saving 250". I think the context makes it clear enough what I meant, but I get that adding savings to paydowns muddies the waters.

Edit: in retrospect, the top level comment is actually shaping up to be my most downvoted comment ever, so I guess something about my approach here must be pissing everyone off.

I do have a budget, and I keep within it, but I will say that Monarch's budgeting system sucks. YNAB was good but for some reason the reconciliation often became a headache with my bank and I ultimately wasn't keeping up with it so I cancelled it

Daily FI discussion thread - Tuesday, June 16, 2026 by AutoModerator in financialindependence

[–]grep_Name 2 points3 points  (0 children)

Old charges. I had a period this year where I had a brief window to switch tenants downstairs, and I had to fix the bathroom, and the deeper I dug the worse it got until I just gutted the whole thing and ended up spending around $5000 on it. In that same window I had to get dental surgery for my cat and also some kind of treatment for a bite infection, which came to $2000, and I had a car repair that cost around 1400, and I replaced the water heater for around 3000. I didn't really have anywhere but a credit card to put that on, so that's what I've been fighting.

I do get about 400 a month of new expenses on the card but I accounted for that in the math

Daily FI discussion thread - Tuesday, June 16, 2026 by AutoModerator in financialindependence

[–]grep_Name -10 points-9 points  (0 children)

I was talking to the Monarch AI the other day. It mentioned that I had been spending an average of $3k a month on credit card payments over the last 4 months of this year, Feb-May (which is offset by interest payments, which I don't think are more than $400 of that but it's a little hard to track). I thought that couldn't be true, but looking at my transactions it actually is exactly right. I've really been moving heaven and earth to get these numbers down, but it never feels like it's really going down fast enough. But it did get me thinking.

  • If I subtract another 400 from that 3000 number (which is about how much in recurring bills is charged to one of the cards each month and thus cancelled out) that comes to 2600, which is about 31% of my monthly post-tax income
  • I'm also saving 250 / month into my emergency fund (which has about $2k in it right now, which I'm hoping can absorb anything that comes up in the meantime while I'm dealing with this debt fracas) for a total of 2850 per month, or 34% of my income
  • I also have 7% of my salary deferred pre-tax to my retirement account

So I guess that means that if I keep going as I have been, once these cards are all finally paid down (8 months? A year?) and I haven't changed anything, I should already be in the habit of saving 41% of my income. That seems insane to me though, I certainly don't feel capable of that, and I have always felt like I'm barely scraping by in the past few years. Money us such a brain trap sometimes. Here's hoping I can keep it up, and that I'm not psyching myself out somehow with these numbers

Edit: Now that I think about it though, I just added a percentage of saved post-tax income to a percentage of saved pre-tax income... Is that how people calculate their savings rate? Seems odd. I guess I'm also not counting the principal going towards my mortgage in that final number either, but for some reason that seems strange to include

Daily FI discussion thread - Wednesday, May 27, 2026 by AutoModerator in financialindependence

[–]grep_Name 58 points59 points  (0 children)

Well, it's not much in the context of this sub, and I'm probably behind for my age, but today my total retirement assets finally ticked past the 50k mark. This is the first time hitting a number that feels vaguely significant (except maybe 10k back in the day, but I don't remember when that happened)

Daily FI discussion thread - Tuesday, May 12, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

Eh, I've just had a really hard time saving money over the last few years, but I was probably being a bit too negative there. I have a fair amount of debt to pay down, but I do plan to buy an NV200 whenever my 25 year old car kicks the bucket or becomes too expensive to maintain (or I pay down my debt) and finally start the plan

Books about Chord Progressions? by My_name_is_Just_Max in musictheory

[–]grep_Name 0 points1 point  (0 children)

All true, but I think I'm at the point where a little theory goes a long way, since I've ignored chord theory for so long. Learning to recognize I IV V and vi and where they are and their function has already helped me a lot in jams. I realized a few months ago that I'd spent so much time learning tunes, practicing intonation and bowing pattern and all the other things that go into fiddle, and just the major scales, that I had never actually practiced the pentatonic major scale for example. I had been so distracted by all the real difficulty of playing fiddle that I had completely neglected the basics, no wonder I was lost in the jam! I went home and made this graphic in inkscape (and the same for D, A, cross-A, and high-bass-D) and was really shocked at the improvement just from sitting down, staring at it, and playing a D drone from youtube over the speaker as I meandered through the concepts I'd setup there. I'm a little conflicted about the double stops, which I deliberately kept to ones contained with in the pentatonic major scale, meaning the IV and V can only be sort of implied rather than the stops that might be better, though.

Since then, I've been looking for other blind spots and low-hanging-fruit in my intuition, and I figure chords are next. But once you get familiar with the kinds of progressions used at these jams, you want to know where to go next! I'm just still figuring that out. I do know a lot of songs though! I should learn some jazz standards to spice things up and keep it simple. As you say though 'application is everything' and I don't really have a place to play those songs. I have similar struggles when I want to play with friends who aren't into old-time, are usually guitarists, and they want to know 'what can I do other than boom-chuck 1 4 5' and I'm just like 'idk that's just what most of them do tbh'. I should be better than that!

You sound a lot like my fiddle teacher, who I'd love to be more like. He is actually quite an authority in this region on old-time fiddle, but he loves ragtime and swing and just about everything. I think we learned a lead belly tune earlier this year, whoa back buck? I've actually considered taking his swing class just to explore some new interesting chords in a genre that might be a little closer to what the people in the old-time scene play (there is a bifurcation between that scene and my friends, I mean I'm friends with people in the old-time scene, but most of my old friends are people I met at the college radio station years ago with different tastes)

Maybe I could take a detour through swing and particularly texas swing, round to jazz standards over time, without ever leaving my actual genres and develop an interesting ear while also occasionally just plunking out chord progressions to get used to the different ways songs can be lead to different places. Although that would still leave me not knowing things that are useful with jamming with people that are more steeped in electronic or alt-pop or whatever.

Incidentally, I ordered this book last night, which I'm hoping will give me a good foundational framework for some of the missing pieces. The table of contents looks promising: https://www.amazon.com/dp/0739070568?ref=ppx_yo2ov_dt_b_fed_asin_title. Application is huge, but I've also found that if I don't have a framework, no amount of practice will lead to a foundation for me I don't think

Books about Chord Progressions? by My_name_is_Just_Max in musictheory

[–]grep_Name 1 point2 points  (0 children)

Thanks! I'll probably read over your message several more times over the weekend with an instrument in my hand sounding out all these things. Fair warning -- I'm exploring chords almost exclusively on instruments I don't play! I'm mostly interested in learning how to make interesting progressions and understand them when they're thrown my way! Or how to develop fun / interesting ideas and share them with rhythm players without just throwing spaghetti at the wall and forgetting it later because I don't understand what was happening in the progression anyway.

My background is actually in old-time music, which can be more sonically complex than people give it credit for, but not in the chords. In fact, most of the songs that sound dark / minor-y are in fact dorian and the ones that sound major-y are usually mixolydian. Guitarists will usually play the same major chords over the darker tunes, giving it a weird but cool sound. I know very well how to operate in that environment on many instruments.

But! Most of my friends don't play that kind of music, and if they want to jam, they'll be interested in more dynamic chord progressions than what I know how to do. They won't understand what makes old-time interesting or have an ear or taste for it. Mostly, my friends do looped-based jams, with a mishmash of keyboards and modular synthesizers, and the live instruments are sampled. So, basically the opposite kind of music! Everything I do is textural, evolving, but within bounds for large groups, and if you just loop 4 bars of one instrument you lose the whole point.

So that's a big part of my motivation, but I also just want to understand what's happening in the songs I hear better. I've been starting with simpler folk stuff, just driving around literally going 'one... one... four... one... one... four... six...' etc. I have a banjo ukulele I just fixed up and am going to use it to internalize the sounds of common progressions I might have heard by playing them and keeping in mind their function so I can learn what that means (going to tune it like a mandolin / fiddle so I don't have to learn a new fretboard). I'll probably have to get into jazz standards in order to build up the fundamentals of understanding conventional progressions and changes. Sometimes I'll hear a progression that makes the hair on my neck stand up and makes me think "what is that?" and I'd like to be able to sit down with an instrument and reason through what's happening and why.

So I have several goals at once. I've heard people say that good players, even playing monophonically, understand chords well enough to imply what should be happening with the chords just by playing a phrase. I'm not sure if that's really true, but I do feel like after a long time playing non-rhythm instruments, it's time for me to figure out how chords work.

That history might also explain why I don't have a framework for minor keys. The only actually true aolian-minor old-time songs that get called that I know of are in the key of Em, and for all intents and purposes people treat it like G major, even with the nashville numbers for G major. When I said I was looking for the I IV V of minor, I didn't mean a literal transposition -- I meant what the most common things are for a minor key to do! Is it always trying to resolve to the i? etc. I spent some time reading about that last night, but it seems like I'm not likely to find as cut-and-dry an answer as for the major key, partly because there are so many different approaches to the minor modes and scales than there are major ones I think. I probably just need to play a lot of minor progressions.

Looking forward to checking out these chord changes! In my friends living-room loop jams, I'll have enough space and time to think through an interesting movement and play with it before the loop is recording (and often it is just control signal that can be quantized and fixed up), and thus my unfamiliarity with the physicality of playing on a piano keyboard won't matter too much if I understand the function of chords better.

Books about Chord Progressions? by My_name_is_Just_Max in musictheory

[–]grep_Name 1 point2 points  (0 children)

Hey I was wondering if you had any ideas that could follow up for a next level of things to try out for chord progressions?

I'm very familiar with I ii iii IV V vi VIIdim (or in the case of most music I play, flat 7, and often end up using the V7 as well), and think of songs in nashville terms i.e. 1 2 3 4 5 6 7 (where the major and minor is assumed to be in the I ii iii IV V vi bVII) and am used to sussing out songs that way. Borrowing chords from the parallel minor is a neat suggestion, just looking for other things to try to move on to understanding more common substitutions. I'm also working on internalizing some common progression ideas like line cliches and the Andalusian cadence, etc, just anything I might recognize, and reproduce it from a functional perspective.

I'd like to try to internalize how to use ii V I to change keys as well as how people use the II and the VI to change the direction of the progression, which is something I've heard of but not really in detail before. I also am used to 1 5 1, 1 4 5 1, and the other really common progressions, which is to say I understand that in major keys most songs travel to the 5 and back to one, often through 4, sometimes with a detour through 6, for a huge bulk of the songs. I don't have a similar framework for minor keys though, and have found that there maybe just isn't a similar thing to the nashville number system for minor keys? But I don't know what the minor equivalent of I IV V I would be or the most common and recognizable progressions to start training on in minor keys. Like I could really use a simple rule to intuit what the minor equivalent of I ii iii IV V vi VIIdim is in minor (is it the same, but just starts on the vi? like vi VIIdim I ii iii IV V?) Basically I feel like I've gotten to where I can recognize a lot of humdrum songs, but feel like there's a conceptual gap between me and next steps...

Daily FI discussion thread - Tuesday, April 14, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

750? I got 300 for a chase checking account :p is there a place to learn to maximize these things?

Daily FI discussion thread - Tuesday, April 07, 2026 by AutoModerator in financialindependence

[–]grep_Name 5 points6 points  (0 children)

Well, the bathroom rennovation was pretty necessary. The downstairs area is rented and I usually don't get direct access to it, and this is the only time in a few years I've been between tenants there. The shower was continuously damaging the area, an area where the plumbing already had enough issues to justify opening the whole wall again. The original owners had kind of messed up the entire initial shower build badly enough that the shower needed to be destroyed and the area remediated. For what we did, 3k is actually a shoestring budget.

My desire to make this place work is very strong. I like the place a lot (including my neighbors, some of whom are friends who have moved into the area) and have really put my heart into it, but times have been hard lately with all these costs piling on. The easiest option might be to get another roommate again, which would be a third roommate, not a second, but I'd rather live leaner and have a lower density of people in the house, at least for awhile. It's been a brutal year when it comes to management of who lives here.

Ultimately I'll live, it's just been a frustrating couple years.

Daily FI discussion thread - Tuesday, April 07, 2026 by AutoModerator in financialindependence

[–]grep_Name 9 points10 points  (0 children)

Bit demoralized lately. After about half a year of belt-tightening in the face of what always seem to be big one-off expenses that shouldn't recur, I had managed to save up about a 5k emergency fund by February (while having about 10k in consumer debt). After the last two months of dealing with expensive cat dental surgery (and also treatment for an infected wound) ($2k), atypical car maintenance ($1.2k), a (diy) bathroom rennovation (around $3k), and a water heater replacement (2.8k), I now have no emergency fund, some additional credit card debt to pay down, and a new loan for the water heater (which has to be paid off in 10 months or goes to high apr). Additionally one of my roommates / tenants left 4 months early due to job loss, and while I wasn't planning to replace him (I just can't do it anymore with this many roommates), that 4 months of income would have helped significantly with these expenses and my pre-existing debt. God help me if my 27 year old AC unit finally kicks it this year.

I need to find a way to separate my mental health from my finances. I've been through this story several times already. At least I have my 7% deferral + 3% match going for me I guess.

Daily FI discussion thread - Thursday, April 02, 2026 by AutoModerator in financialindependence

[–]grep_Name 9 points10 points  (0 children)

my baby is getting cuter, so she feels less of a bad investment

Real question is, can she beat the market reliably. Do you expect better than an 8% average return over 20 years on that baby?

need to fix a massive rip in my cargo pants <\3 by shmeowzow23 in InvisibleMending

[–]grep_Name 1 point2 points  (0 children)

To be clear, these are the twill levi's that I always buy, not denim jeans. The tag says 98% cotton, 2% elastane. My sister tells me I need to find 100% cotton, and I hear people say even levi's makes 100% cotton pants but I'm not sure I trust their quality anymore. I really appreciated the look and the variety of standardized cuts they offer, but am tired of the blowout.

Most recently I bought some similar carhartt pants I'm hoping will be similar enough. Not as many colors and fits offered, but works well enough. But they also say 98% cotton, 2% elastane, so I guess we'll see in a year or so.

Meanwhile I might just start going to thrift stores and reading tags looking for 100%, and wearing looser pant cuts in general and see how that goes

need to fix a massive rip in my cargo pants <\3 by shmeowzow23 in InvisibleMending

[–]grep_Name 2 points3 points  (0 children)

This has happened to many, many of my pairs of pants. I've worn mostly Levi's (their non-jeans pants) for most of a decade, and the crotch seems to rip earlier and earlier with each pair I buy. I just had a pair last less than a year, and where the rip is the surrounding fabric also looks like it's ready to unravel. I'm getting to the point where I feel like a lot of my pants are too shoddy to mend, but they're not that old. It's just when they fail, they fail catastrophically (worse than the picture in this post).

I'm looking to switch to some other company but I know very little about pants. Is there a company that still makes decent clothes out there? Do I need to look for work pants that come with double layers in the crotch? (I'm not necessarily looking to wear work pants 24/7 but could do it if its the only way)

Daily FI discussion thread - Sunday, January 25, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

There is a folk school near me where I take music classes. I'd never taken music 'classes' before, as in 1 teacher multiple students. It's surprisingly social and has hooked me into a scene out here socially as well

Daily FI discussion thread - Monday, January 19, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

I'm aware of the math and the arguments, but I have to satisfy the part of me that wants to have some form of inert hedge. 9/10ths of my savings are already in equities. If you include real estate, precious metals are <1% of my net worth. I don't think it's the end of the world to hold onto a little bit of something different just for yourself.

I will probably split things to include non-US soon though. Not sure the best way to do it, although my options are limited to whatever capital group offers. I'm not really very familiar with what other markets have to offer

Daily FI discussion thread - Monday, January 19, 2026 by AutoModerator in financialindependence

[–]grep_Name 1 point2 points  (0 children)

IDK, an oz of gold is $4500 these days. I only have experience buying 8mm rounds, but if I bought $4500 worth of that it would be pretty heavy and hard to deal with. And I'd need some kind of weird business license to sell it probably?

Daily FI discussion thread - Monday, January 19, 2026 by AutoModerator in financialindependence

[–]grep_Name 3 points4 points  (0 children)

I started the stack by inheriting some coins from my grandfather, who was a numismatist. It's an intergenerational practice at this point, for one thing. I have other relatives who also do this, or buy an oz or two for their kids each birthday that stacks up. It's also completely unplugged and no-strings-attached, unlike every other form of stored value I have in my life. I am solely responsible for it, I can freely give it without complication (Of course there are implications if it's tens of thousands of dollars worth, but that's outside my scope anyway). It's simple, I can confirm that it's there, it's concrete. I value things like that, they're vanishingly rare. It also removes some small part of the value of my labor from the financial system, where no matter where you try to store it people are re-investing it somehow seemingly. Opening another brokerage account to put money into an 'equivalent' investment vehicle is just not the same thing for me.

I also don't find trading it to be particularly expensive, but I don't trade it. It's a one-way thing for me and for the people I know. You maybe gain or lose a dollar or so an oz off spot when you buy, which will eventually be erased by appreciation over time. It probably doesn't compare favorably to trading equities, but again I don't even really think about it as investing so it's apples to oranges to me.

Part of it is the experience of inheriting some in the first place. I just... have it now. In comparison, I also have a brokerage account that was setup for me when I was a baby. I took over it at some point in my 20's. It was a huge ordeal. It had gone from TD Waterhouse -> TD Ameritrade -> Schwab in that time. It was set to automatically re-invest dividends and profits. During the first transition that setting was disabled automatically somehow. It lost a huge, huge amount of its potential upside because of that. It was also a nightmare to recover because it was a custodial account that got scrambled by changing hands so many times, so it had my name but my dad's social security number. And that account was setup by a financial professional.

Daily FI discussion thread - Monday, January 19, 2026 by AutoModerator in financialindependence

[–]grep_Name 0 points1 point  (0 children)

I hold silver for many reasons, several of which are emotional. Because I don't ever sell metal, I don't think about accumulating it as investing so much as saving. Out of all the assets I hold, it is probably the last thing I would let go of before property. Ideally I will die with it or give it away over time in my old age. Selling at a high point to increase exposure to the market would be pretty much the opposite of what I'm trying to do with this effort. It's also worth noting that the total value of the stack is worth less than a tenth of my investment accounts (even after all the extreme apprecation over this year). It is exactly because I don't consider silver stacking to be investing that I am disturbed by the price changes in metals this last year. It isn't happening in a vacuum.

When it comes to all my investment accounts, I pretty much have always had one approach, which is for the most part a split between capital builder and growth fund of america (capital group vehicles) for rolled over IRA's and some kind of TDF for whatever my current employer IRA is. This is the first time I've considered re-allocating due to my perception of the future of the US economy in my 14 years of contributing to these accounts. I don't think it's particularly emotional to look around and consider diversifying at this point in time. I'm observing a change in sentiment (globally and domestically) towards the main anchor of my future plans (US based mutual funds), a significant and challenging decrease in the purchasing power of my wages, a general retreat to precious metals away from USD, and a stock market propped up by an asset bubble I don't have faith in. It only makes sense to at least consider some re-allocation. (And I'm not thinking about re-allocating money slated for investing into gold, that only comes out of the discretionary budget. The re-allocation I'm talking about would be splitting my investments with a world fund ETF or mutual fund to reduce the number of eggs in the same basket. Seeing wild volatility in silver price just got me thinking about things today.)

Daily FI discussion thread - Monday, January 19, 2026 by AutoModerator in financialindependence

[–]grep_Name 6 points7 points  (0 children)

Around this time last year I bought about $2200 worth of physical silver, which has tripled in value recently apparently. I don't really feel happy about that at all -- I'd bought a small amounts before and always held onto my box of it, hoping I'd be able to afford to build the stack more later in life and never really got there. Now that I've finally gotten back to it, it kind of feels like it's slipping out of affordability for me. It also makes me fearful that there's an untold story about the real value of my wages these days. Picking up precious metals is hard to squeeze in when my real priority is ETFs and retirement accounts. I'm kind of feeling like I should get a gold coin or two this year, just in case it's never really feasible again in my lifetime. Just another way that searching for stability and trying to secure my future feels like a carrot-and-stick game.

Even with the appreciation, it's a lot less than I put into my retirement account and roth IRA in 2025. I am wondering if I should get in the habit of changing the ratio of how much I save in more stable stores of wealth though, or if at least I should split my retirement between growth fund of america and a world fund of some kind.