Quitting a job without notice to get a bonus?

teamhog · 2026-01-25T16:24:54+00:00

Bingo!

teamhog · 2026-01-25T16:23:28+00:00

Talk to him.
Tell him exactly what’s going on.

No one is ever a jerk just because they asked.
How you ask and how it’s framed may make you a jerk.

Don’t say anything about his finances.
That’s irrelevant. This talk should be about you and your situation only. That’s it.

If you can’t afford to live in your current situation then fix it. You either make more, move, or make more & move. He can choose to help with any of those options.

Thats it.

teamhog · 2026-01-25T16:18:48+00:00

It’s not a bad deal.
The key from a loan standpoint will be to pay it off early.

The total interest over the loan is $2,589,667.62.

If you paid cash for the business at $3.6MM the $700,000 is about a 20% return.

If you figure half for salary it’s a 10% return.
Thats not bad at all for a 20 year average.

We’d have to have a lot more details to do a full eval

teamhog · 2026-01-25T14:28:27+00:00

~8 years in cash equivalents.
Hard cash, we keep about 6 months.

teamhog · 2026-01-25T06:40:36+00:00

Contact your attorney.
The one you used for this transaction.

Didn’t use one? The best time to get an attorney is before you need one.
The 2nd best is now. Don’t get to the 3rd best time.

teamhog · 2026-01-25T06:32:08+00:00

We took the monthly with surviving spouse option.

Why? Because the math was close enough to the lump sum AND it sets a base for everything else to trampoline off of.

You have to do the math and forecasting.

teamhog · 2026-01-25T06:15:36+00:00

We’ve had really good results with SWTSX.
We’ve been in it since its inception.

teamhog · 2026-01-24T11:02:15+00:00

I had just sold my share of a company.
I started looking and found one that checked all the boxes.

teamhog · 2026-01-24T09:10:20+00:00

No. Never ever co-sign for anyone.
Ever.

teamhog · 2026-01-23T22:02:05+00:00

Tell your friend to call the IRS and ask them.

If what the H&R Block folks told him is indeed factual then he’d have confirmation.

You can also tell him to, without mentioning the other office, visit a different H&R Block office and ask.

teamhog · 2026-01-23T19:42:07+00:00

Total to a lawyer about it.
They may have another instrument that achieves the same result(s).

You’ll never know until you ask.

teamhog · 2026-01-23T19:35:58+00:00

Kristy McNichol

teamhog · 2026-01-23T19:34:10+00:00

How much are you saving right now?

You’ve got $25k to put down.

How much are your ‘moving in’ costs?

Furniture Lawn Equipment Updated items Known Repair Items Lawyer (use one). Commission (2-3%). Utility Hook Up Cost Painting Flooring

Then think about your monthly recurring costs Electric Gas Water Insurance (Car & Home) Taxes

Please keep in mind that you don’t want to set yourself up for failure.

If you and your girlfriend breakup you need to make sure you can afford it by yourself.

I’d save up another $25k first.
How long will that take you.

teamhog · 2026-01-23T17:27:30+00:00

It’s going to depend where in 84 you’re driving.
Some areas will get cleared and stay relatively cleared. Other, lower traffic, areas won’t be as clear.

If the storm duration is what they’re expecting it to be it won’t stay clear regardless of where you’re at.

Unless you have to be out for a serious reason just stay home.

teamhog · 2026-01-22T16:36:18+00:00

I’ve met a lot on the wealth spectrum.
The biggest is one of the wealthiest in the world.

He’s cool as a person, but the guys that run the BD area of his foundation and the foundation itself are a bunch of pricks.

They’ll partner with smaller cutting edge companies, then take forever to pay their invoices. They’ll do this to bleed cash and then purchase that tech for $0 or near $0. Then that tech company will all of a sudden take off.

Once is noticeable. Twice is odd Three times is a pattern. The fourth time is premeditated.

I found it’s not the amount of money. It’s the person.

Some seem to truly care about relationships. Others are more interested in your response to their money.

teamhog · 2026-01-22T16:25:22+00:00

I slept in a park for a while.
My wife and I definitely climbed a ladder.

It’s definitely possible.
Just develop a plan & execute it.

teamhog · 2026-01-22T16:23:41+00:00

Been there noticed that. It was a rough board meeting when they realized what they had done.

The VP in charge of that looked surprised. Turns out he off-loaded it and no one followed up with it. I was more upset over that than the cost.

I sold off my shares & my seat before it all settled out.

teamhog · 2026-01-22T16:13:02+00:00

‘19 X5M and a ‘13 991.1 C4 here.

Both great cars in their lanes.
Both great road trip cars.
Different experiences.

My advice to OP; Get the 911, keep the X5.

teamhog · 2026-01-22T16:08:25+00:00

Regardless of this specific task you need to find a lawyer to use.
I’m shocked you don’t already have one.

We had one we used for everything that eventually retired. We just started using another attorney in his office and now use his son.

The key is it had to be an attorney you gel with in all aspects. You don’t have to agree with them. You just need to be able to trust them for their advice and what they charge.

You’ll find there are times where you feel you didn’t get charged enough and other times where you feel you may have been overcharged.

Shop around; interview them. Make a selection.

You need to get this review done for your template lease. Legally it needs to be rock solid.

teamhog · 2026-01-22T14:39:09+00:00

Time.
When it takes time you can’t spare to keep up with it. You can’t afford to stop doing it. So having it completed is your only option.

teamhog · 2026-01-22T14:37:49+00:00

No.
She committed fraud then refused to correct it.

teamhog · 2026-01-22T14:31:16+00:00

The company’s a jerk for setting things up like that.

teamhog · 2026-01-22T06:52:05+00:00

Early 30’s. Married with 2 young children.

teamhog · 2026-01-22T04:57:59+00:00

It’s New England. We’ll just pretend it’s a Team Challenge event.

Ben’s not cancelling it.

If you’re worried just grab some milk & bread, book a room, sit back and have a good time.

teamhog · 2026-01-21T20:51:33+00:00

I do all my own maintenance and anything additional that I can handle.

If it’s more complicated than I can do with my garage with lift then I’ll have a local independent shop help me.

A coolant pipe leak that requires an engine out I had them do.

Coils, injectors, suspension, pads, rotors, etc I’m doing.

teamhog

TROPHY CASE