Jonathan, thank you for sharing and I like your savings focus during accumulation vs. traditional budgeting. If you don’t mind saying, what savings percentage(s) did you target? I wasn’t sure if you set a savings goal and spent the rest or if you saved everything but your fixed living expenses.
DrLefty, I too am concerned about the affordability of higher education for today's generation. I appreciate you sharing the daily challenges your students face. I believe two changes would help the situation you describe. The first is to compress two years of education between high school and university. A coworker recently shared that there is a program like this in CA where high school students graduate with an associate degree and go straight to their final two years of university. The second change I am pushing is increased industry and university cooperation. I would like to see improved employment pipelines that allow more students to work part-time, in their field, while pursuing degrees. My wife and I went this route and my niece recently did so too. She in fact did so well in her internship that the company offered a full-time job before she graduated.
If memory serves, the ring was around $2,000 with the rest of the 13k going toward the down payment on our home. That ring was eventually stolen during a burglary, found by the police at a pawn shop, and repurchased by me for an additional $500 -$600. Consequently, we both have an emotional attachment to it.
I think I just experienced some PTSD when I read about paying for childcare. Glad to hear you are reaping the compounding benefit of small, incremental, positive changes.
Thank you Edmund. It took a while for my south Floridian blood to adjust to the frigid Jacksonville winters. After it did, I have learned to really appreciate the area. I also like to visit the northern part of the region by Fernandina.
Thank you R Quinn. I owe it to a frugal upbringing and what I've learned from personal finance authors like Clark Howard, Dave Ramsey and Jonathan Clements.
Thank you Ben. I actually did have another boat during the 2009-2012 years but found chartering and renting to be much cheaper and easier. My dive buddy is a CFO and always reminds to keep costs variable and fixed expenses low.
Comments:
Jonathan, thank you for sharing and I like your savings focus during accumulation vs. traditional budgeting. If you don’t mind saying, what savings percentage(s) did you target? I wasn’t sure if you set a savings goal and spent the rest or if you saved everything but your fixed living expenses.
Post: Where It Goes
Link to comment from April 13, 2024
DrLefty, I too am concerned about the affordability of higher education for today's generation. I appreciate you sharing the daily challenges your students face. I believe two changes would help the situation you describe. The first is to compress two years of education between high school and university. A coworker recently shared that there is a program like this in CA where high school students graduate with an associate degree and go straight to their final two years of university. The second change I am pushing is increased industry and university cooperation. I would like to see improved employment pipelines that allow more students to work part-time, in their field, while pursuing degrees. My wife and I went this route and my niece recently did so too. She in fact did so well in her internship that the company offered a full-time job before she graduated.
Post: Coming Full Circle
Link to comment from October 8, 2023
I couldn't agree more Donny. I don't miss the maintenance or the expense.
Post: Coming Full Circle
Link to comment from October 7, 2023
If memory serves, the ring was around $2,000 with the rest of the 13k going toward the down payment on our home. That ring was eventually stolen during a burglary, found by the police at a pawn shop, and repurchased by me for an additional $500 -$600. Consequently, we both have an emotional attachment to it.
Post: Coming Full Circle
Link to comment from October 7, 2023
I think I just experienced some PTSD when I read about paying for childcare. Glad to hear you are reaping the compounding benefit of small, incremental, positive changes.
Post: Coming Full Circle
Link to comment from October 6, 2023
Thank you Edmund. It took a while for my south Floridian blood to adjust to the frigid Jacksonville winters. After it did, I have learned to really appreciate the area. I also like to visit the northern part of the region by Fernandina.
Post: Coming Full Circle
Link to comment from October 6, 2023
Thank you R Quinn. I owe it to a frugal upbringing and what I've learned from personal finance authors like Clark Howard, Dave Ramsey and Jonathan Clements.
Post: Coming Full Circle
Link to comment from October 6, 2023
Thank you Jerry. I appreciate the encouragement.
Post: Coming Full Circle
Link to comment from October 6, 2023
Hope your twins are well and sorry to hear they had a rough start. Definitely doing my best to help the next generation learn from my experience.
Post: Coming Full Circle
Link to comment from October 6, 2023
Thank you Ben. I actually did have another boat during the 2009-2012 years but found chartering and renting to be much cheaper and easier. My dive buddy is a CFO and always reminds to keep costs variable and fixed expenses low.
Post: Coming Full Circle
Link to comment from October 6, 2023