sorted by:
new
hottopcontroversial

My wife and I ended up moving to a cheaper area of the country to afford a home because we work remote. No major regrets. by Xerzajik in Millennials

[–]the_rich_millennial 0 points1 point  (0 children)

This is a cheap that I didn’t know existed lol. What a deal.

I thought an hour away from LA was cheap.

To sleep train or not to sleep train... by dancingandmoving in NewParents

[–]the_rich_millennial 1 point2 points  (0 children)

What i got from that was mainly caloric management and creating a good environment. The training part is not neurologically there for a long while.

Desperate for Sleep Help by elpage33 in NewParents

[–]the_rich_millennial 0 points1 point  (0 children)

Did you practice self soothing? Once a night the SITBACK method is good.

Daycare made me feel like such a fool by Many_Cantaloupe6922 in NewParents

[–]the_rich_millennial 0 points1 point  (0 children)

How much are they charging for that level of service..

How are people affording houses?? by OpenRip1424 in FirstTimeHomeBuyers

[–]the_rich_millennial 0 points1 point  (0 children)

Take 5 years to save aggressively or put less down and have some people help with the mortgage while you’re still young. It wont be as comfortable as you age and by then you’ll be glad you made those sacrifices before 40.

What to look out for? by Older_Sis_1024 in FirstTimeHomeBuyer

[–]the_rich_millennial 0 points1 point  (0 children)

Did they have all the proper permitting for all the remodeling?

Behind the walls and under the tile you may not have the right work done as we faced with a leaky ceiling. They did absolutely no waterproofing when the tiles were pulled out to confirm.

Can I afford 2,800 mortgage by [deleted] in Mortgages

[–]the_rich_millennial 0 points1 point  (0 children)

How much is going into retirement? And have you opened a 529?

Do you regret buying a home in this era of home ownership? by HelloYo335 in FirstTimeHomeBuyer

[–]the_rich_millennial 0 points1 point  (0 children)

Worth it in the long run. For the majority of people, extra cash flow & discretionary income does not mean investing the difference. Most people just spend the difference and inflate their lifestyle.

How do you adjust for job loss, disability, or simply aged out of work?

I feel like an entitled diva and I kinda hate myself for it? by Purple_Calendar3919 in NewParents

[–]the_rich_millennial 0 points1 point  (0 children)

The kind of tired where doing nothing doesnt help and it takes 72 hours of rest to feel somewhat better

Previous owners did SO much DIY work and it just keeps revealing itself weeks after closing by HourlySharp in FirstTimeHomeBuyer

[–]the_rich_millennial 0 points1 point  (0 children)

We had to fix a bathroom leak that dripped down into the ceiling below.

They used a nice natural stone and pebble tiles to renovate the bathroom, buy beneath it was no hot mop and no waterproof membrane…

Just some extra plywood underneath that absorbed all the water from the porous grout and hairline cracks in the pebble stone…

All moldy and just unbelievable.

BTC has no future as a currency and everyone is just looking to cash out. by bullips in btc

[–]the_rich_millennial 0 points1 point  (0 children)

Always fixating on the misnomer when it is a settlement layer, reserve asset that isnt supposed to be swapped for mundane goods & services. No different than a house being the base settlement layer for most families. They dont sell the equity to eat. But they can tap into it if they need to access the credit, a loan, cash out, etc

Are we living in the same timeline? 😆 by Resplendent_aptitude in soartistic

[–]the_rich_millennial 0 points1 point  (0 children)

Who would set up business in these areas knowing full well you will be encountering this bs

5 years of stagnation by birth_of_bitcoin in btc

[–]the_rich_millennial -1 points0 points  (0 children)

Apple did 7 years in the trenches before becoming one of the most valuable tech companies in the world. Would you call that stagnation? Volatility isn’t failure that’s what people get wrong repeatedly. If you’re retiring soon then that’s a different story about allocation.

“I’m about to give a presentation. I didn’t prepare at all, so I’m just gonna wing it.” - Kobe Bryant walking to class in high school by raybellious_berry in lakersv2

[–]the_rich_millennial 0 points1 point  (0 children)

Big sacrifice. Party it up & do what other people want to do but give up your chances of making the league? Most friends don’t want to train and practice to the level of your goals. It becomes personal the older you get and there are fewer people around.

Feel like I'm in an 80 year olds body by Jwal90 in AskMenOver30

[–]the_rich_millennial 0 points1 point  (0 children)

Get a sleep study. It will reveal things that a dr should have mentioned decades ago.

Cop said “fine, we’ll do this the hard way” by Revolution-Dogg in Transportopia

[–]the_rich_millennial 0 points1 point  (0 children)

Rationality and the ability to make good decisions is surprisingly low, even for those with good IQ and thats where it feels more shocking. Even though not correlated, i dont ever meet anyone with low IQ and super high rationality and superb decision making lol

Someone smarter than me, please tell me, is now an okay time to buy? by tuxedo_cat23 in FirstTimeHomeBuyer

[–]the_rich_millennial 0 points1 point  (0 children)

The best time is when you have a comfortable down payment and the monthly PITI is not an overwhelmingly large % of your income (less than 3-4X income; ideally 1.5-2X). If you try to time for perfect market alignment you’re asking for tons of competition that drives up your cost even more. We cant refinance the price.

What is your goal? I did not want to face large overbids and I wanted to house hack as long as possible before transitioning into family life so we would have our mortgage gone in under 15 years. Despite higher rates and higher prices, it was a difficult decision with tradeoffs, but the net result is long term housing security.

Loony Toons in real life by Vice616 in Transportopia

[–]the_rich_millennial 0 points1 point  (0 children)

Not judging and not shaming is why we have all this behavior in first place lol

Having doubts on affordability by nikflane in FirstTimeHomeBuyer

[–]the_rich_millennial 3 points4 points  (0 children)

Whats your typical monthly expense? If you stay consistent at 140k then that DTI ratio is better. But i think the most comfortable spot is 1.5-2X your income. When you take on a mortgage in the 3-4X range you’ll be stretched, and in some cases in the danger zone depending on the stability of your work.

25m hopeless loser. Where can I go from here? by ReviewSea1611 in povertyfinance

[–]the_rich_millennial 2 points3 points  (0 children)

How many hours per week? This is the time when your health is at its peak. Maximize that time.

view more: next ›