Search results
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Trouble sticking to a household budget!
HOT!You Sir are semi-correct. I had another job before my last day of work, and it's a 60 mile drive each way, so I bought the most gas efficient vehicle I could find in a cheaper SUV. Bought used, 2 years old and put down $8k. Financed $20k @ 2.9%. I had a 2000 Durango that was basically...- hakrjak
- Post #34
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!This is pretty true brother. Once you start making a lot of money, it seems like it's an easy trap to fall into (Spending too much). i.e. -- We have a personal trainer. She charges us about $170 a month to visit us once a week. We've seen some pretty awesome gains and advantages of using...- hakrjak
- Post #26
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!I should have clarified. We use the Saphire card, which gets us 1 point per dollar spent -- So we just cashed in 50,000 points for a $500 check, which is going to help cover our overhead -- Not collecting airline miles, sorry. Figure of speech. Cheers, -Hakrjak- hakrjak
- Post #25
- Forum: General Business Discussion
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Fastlane members success stories? What ever happened to that?????
EXECUTIONWe've got a wide range of people here. I'll bet that a bunch of the people with net worth in the 6 figure range don't even consider themselves successful, because we've got people here worth $5mil+. I know I'm in that category ;) If anything, I feel disgusted with myself for missing past...- hakrjak
- Post #5
- Forum: Process and Execution
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Trouble sticking to a household budget!
HOT!Deep thoughts indeed...- hakrjak
- Post #18
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!Haha, sounds like somebody knows me. Don't you know the hard 8 pays 10 to 1? Come on! I've heard of a lot of people using this "pay yourself first" strategy. We've actually been trying to make sure everyday expenses go on a credit card, so we can track where the money is going -- and so we...- hakrjak
- Post #16
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!This is an interesting concept to me, and I'd like to hear more. We are a couple that earns around $135k a year. Our overhead seems to eat up all of it each month. If you had told me 10 years ago that I could earn that much money, and have it all go to expenses each month -- I would have told...- hakrjak
- Post #14
- Forum: General Business Discussion
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$80K in Student Loans... Now What?
Amen... My wife is one of many doctors I know who say that if they knew then what they know now about cuts to medicare reimbursement, and lack of good paying jobs in her field -- there is no way in hell she would have ever entered a PHD program and racked up $170k of debt. Now that it's done...- hakrjak
- Post #20
- Forum: Mindset and Self-Development
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Suze is a fraud. We all know it.
I think that a lot of us forget, because we've been trading stocks since our teens, or owning real estate and landlording for 10+ years -- that there are a lot of people out there who have no clue. Suzy Orman plays to that crowd, and that's how she's made her millions. I'm sure that her books...- hakrjak
- Post #31
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!Guessing that you maintain cash reserves maybe? Think the problem is that I'm not keeping any reserves for the household like I am for my rental properties, etc. Ran into a major unforseen expense awhile back and it wiped out the $10k I had in savings for dealing with minor unforseen things...- hakrjak
- Post #11
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!I wish it were that easy, but I'm the best man. I booked a discount flight, and got a good deal on the room at hotels.com -- so I just need to keep the food and entertainment costs down, I suppose. That's probably not going to happen because I'm going to be staying at a casino in Nevada...- hakrjak
- Post #5
- Forum: General Business Discussion
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Trouble sticking to a household budget!
HOT!I like the idea of the list.... We have a lot of stuff that we'd like to buy as well, like furniture, etc.... Trouble is -- there is never a month with any left over income to be able to splurge on any of the "wants" or "nice to haves", because we're always struggling to deal with, or pay off...- hakrjak
- Post #3
- Forum: General Business Discussion
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Fastlane Fantasy Football, Season 4! (2011-12)
OFF-TOPICI'm in for a c-note ;) Let's try for 16 teams this year! would be nice to do a prize structure like: 1st $800 2nd $400 3rd $300 4th $100 ??- hakrjak
- Post #2
- Forum: Off-Topic Threads
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Trouble sticking to a household budget!
HOT!So I know this topic isn't very Fastlane, but I think that every one of us needs to know how to follow a household budget -- or else we might get rich with our Fastlane plans, but we'll end up pissing it all away if we're not careful in the end. A few months ago, I began to get frustrated that...- hakrjak
- Thread
- Replies: 43
- Forum: General Business Discussion
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Your number 1 best stock pick right now?
HOT! INVESTINGVery cool site, thanks Brother! My LVS and BKE are still doing very well.... Seems like my best overall performer was something I picked awhile back because I thought it was a conservative play -- Dardens Restaurants (DRI).... It's up over 12% from where I bought. Cheers, - Hakrjak- hakrjak
- Post #74
- Forum: Investing, Crypto, Personal Finance
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Pay down 1st ARM or HELOC?
REAL ESTATEJust did the math -- On a combined 1st and second at 6%, the overall payment would jump to $1750 including tax and insurance. Currently the payments (I just looked them up) are $1140 (1st) + $181 (Heloc) = $1321. So we're talking about paying a $5k up front + $429 per month "fear...- hakrjak
- Post #25
- Forum: Real Estate Investment Forum
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$80K in Student Loans... Now What?
We have friends who have worked this loophole also. They refi'd when the prior year they had only made about $12k combined. They got a payment of $200 on $200k of student loans. Meanwhile we refi'd when my wife only made $10k last year (during internship), but they consider household...- hakrjak
- Post #13
- Forum: Mindset and Self-Development
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$80K in Student Loans... Now What?
Amen... Private loans are a freaking sham... We did worse than that, after being turned away by several lenders (Even though we qualified for the grad plus program, and later got approved for it) -- we ended up putting about $15k of tuition on credit cards just to finish the program and get...- hakrjak
- Post #11
- Forum: Mindset and Self-Development
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Pay down 1st ARM or HELOC?
REAL ESTATEI hear what you are laying down Russ, but my point is -- why add $5k+ of closing costs to a loan that is treading water, and possibly under water? Also with being close to or over 100% of value, my rate is not going to be anywhere near the cooshy 3% and 2.75% it is hanging at now -- it's going...- hakrjak
- Post #24
- Forum: Real Estate Investment Forum
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Financing and owning many properties
REAL ESTATECorrection to my previous post. Fannie Mae rules have just changed again! Fannie Mae Gives Real Estate Investors a Boost | Armando Montelongo You can now refi out of an all-cash purchase quickly, and no longer have to wait for 6 months of "seasoning"- hakrjak
- Post #59
- Forum: Real Estate Investment Forum
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