Comments on: My new budget for 2008 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: Ridiculous http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-5288 Ridiculous Tue, 16 Jun 2009 03:48:20 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-5288 No-one cares about your exact income. Knowing it's around $110K is enough to evaluate if a budget is realistic. Putting down fake numbers in a budget is something I've never seen any other PF blog do. You may as well put taxes at $50 for all the sense it makes. It's really impressive that you recovered from $240K to $480K between end-08 and mid-09, without using your relatives' cash, so let's hear how that happened. And leave out the endless discussions of relatives' cash if it's irrelevant! No-one cares about your exact income. Knowing it’s around $110K is enough to evaluate if a budget is realistic. Putting down fake numbers in a budget is something I’ve never seen any other PF blog do. You may as well put taxes at $50 for all the sense it makes.

It’s really impressive that you recovered from $240K to $480K between end-08 and mid-09, without using your relatives’ cash, so let’s hear how that happened. And leave out the endless discussions of relatives’ cash if it’s irrelevant!

]]> By: Frugal http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-5286 Frugal Mon, 15 Jun 2009 15:51:44 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-5286 I am not putting the real number of mortgage and taxes, so that people can figure out the value of my home/mortgage, and my exact income. My car insurance has changed after selling one car. I'm paying $740 for 2 cars, with 1 car at full coverage. And I have never taken any control of the money that was given by my parents until recently. In fact, it's not really transferred to under my name at all. It doesn't compounded for me either, because I have never intended to spend a dime from my parents' pocket. So for those of you who can't save a dollar with your own budget, I feel truly sorry for your state as simply a modern day economic slaves, and nothing more. I am not putting the real number of mortgage and taxes, so that people can figure out the value of my home/mortgage, and my exact income. My car insurance has changed after selling one car. I’m paying $740 for 2 cars, with 1 car at full coverage.

And I have never taken any control of the money that was given by my parents until recently. In fact, it’s not really transferred to under my name at all. It doesn’t compounded for me either, because I have never intended to spend a dime from my parents’ pocket.

So for those of you who can’t save a dollar with your own budget, I feel truly sorry for your state as simply a modern day economic slaves, and nothing more.

]]> By: Ridiculous http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-5282 Ridiculous Sat, 13 Jun 2009 22:16:52 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-5282 I agree with the previous commenter. You start by saying how easy it is to track spending these days, then give a made-up figure for mortgage and taxes. What's the point? Also, you say your insurance is for 2 old cars and 1 new car, but you've blogged about selling 1 old car. You drive an old Camry and your wife drives a new-ish Honda minivan, just like every other couple in the South Bay. 1 old, 1 new. Something doesn't add up. Again, what's the point? This is just another PF blog that's been slaughtered by the market, and has little left except misdirection. I agree with the previous commenter. You start by saying how easy it is to track spending these days, then give a made-up figure for mortgage and taxes. What’s the point?

Also, you say your insurance is for 2 old cars and 1 new car, but you’ve blogged about selling 1 old car. You drive an old Camry and your wife drives a new-ish Honda minivan, just like every other couple in the South Bay. 1 old, 1 new. Something doesn’t add up. Again, what’s the point?

This is just another PF blog that’s been slaughtered by the market, and has little left except misdirection.

]]> By: tmp http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4781 tmp Tue, 18 Nov 2008 16:30:06 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4781 I can't believe your posts. You are fooling yourself. 110k income yet can't qualify for IRA???? You must sell a lot of your ESPP. I guess with the market in the dumpster your ESPP is also down a lot. You get a 90k+30k headstart on anybody else so investing that wisely at the start even in CD's would have spun off would have been around 250k today given average CD rates over the last 10-12 years. Sounds like you lucked into the housing bubble in CA. I am wondering if now you are upside down in your mortgage. Stop with the hypothecticals and start putting down your real spending, your real mortgage costs inlcuding outstanding balances and your real home value today. As for running at a loss every month now by $525 odd dollars that is called living beyond your means. Come on man. Your site is full of good stuff, but this budget of yours is total BS. Get real... I can’t believe your posts. You are fooling yourself. 110k income yet can’t qualify for IRA???? You must sell a lot of your ESPP. I guess with the market in the dumpster your ESPP is also down a lot. You get a 90k+30k headstart on anybody else so investing that wisely at the start even in CD’s would have spun off would have been around 250k today given average CD rates over the last 10-12 years. Sounds like you lucked into the housing bubble in CA. I am wondering if now you are upside down in your mortgage. Stop with the hypothecticals and start putting down your real spending, your real mortgage costs inlcuding outstanding balances and your real home value today. As for running at a loss every month now by $525 odd dollars that is called living beyond your means. Come on man. Your site is full of good stuff, but this budget of yours is total BS. Get real…

]]> By: c http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4776 c Mon, 17 Nov 2008 03:27:41 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4776 Just found this blog..nice post, I agree the monthly savings start dwindling when you have kids.. To Eimesor, I am assuming Frugal's salary is $180K as typically ESPPs are capped at 10% of income.. just a thought. Just found this blog..nice post, I agree the monthly savings start dwindling when you have kids.. To Eimesor, I am assuming Frugal’s salary is $180K as typically ESPPs are capped at 10% of income.. just a thought.

]]> By: eimesor http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4592 eimesor Fri, 12 Sep 2008 01:07:10 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4592 Frugal how come you say you make less than 120k as a couple yet you don't qualify for a roth ira, as long as you make less than 166k as a couple yyou should be fine. Frugal how come you say you make less than 120k as a couple yet you don’t qualify for a roth ira, as long as you make less than 166k as a couple yyou should be fine.

]]> By: JohnS http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4567 JohnS Fri, 29 Aug 2008 04:52:44 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4567 I just stumbled on your website and love it! I live in San Francisco, single, close to your tax bracket. The numbers ring true. I am happy to say that over the years I have fought the tendency to develop expensive habits ... and you are a millionaire+ now, but I am nipping at your heels. It's encouraging to see a kindred spirit. I just stumbled on your website and love it! I live in San Francisco, single, close to your tax bracket. The numbers ring true. I am happy to say that over the years I have fought the tendency to develop expensive habits … and you are a millionaire+ now, but I am nipping at your heels.

It’s encouraging to see a kindred spirit.

]]> By: Roger Binns http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4161 Roger Binns Tue, 29 Apr 2008 19:25:05 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4161 Have you tried <a href="http://www.mint.com" rel="nofollow">mint.com</a> who categorize your transactions across all accounts? They also let you compare your spending in the categories to the averages for each state as well as many cities or the country as a whole. Have you tried mint.com who categorize your transactions across all accounts? They also let you compare your spending in the categories to the averages for each state as well as many cities or the country as a whole.

]]> By: BarrellRider http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4160 BarrellRider Tue, 29 Apr 2008 00:49:44 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4160 I can see you are a high earner, and you have a very detailed budget. I'm not sure where you live, but your utilities are extremely low , as is you auto insurance, I deduce you live in a low cost of living area, if that is true, you must have a very nice house. I live in Southern California and utilities, insurance and taxes are ridiculous. I can see you are a high earner, and you have a very detailed budget. I’m not sure where you live, but your utilities are extremely low , as is you auto insurance, I deduce you live in a low cost of living area, if that is true, you must have a very nice house. I live in Southern California and utilities, insurance and taxes are ridiculous.

]]> By: Frugal http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4159 Frugal Mon, 28 Apr 2008 23:53:50 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4159 One of my main goals for blogging at this site is to show the younger generation that it CAN BE DONE. And the time to start the financial marathon is NOW, not later. Best luck. One of my main goals for blogging at this site is to show the younger generation that it CAN BE DONE.

And the time to start the financial marathon is NOW, not later.

Best luck.

]]> By: david http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/comment-page-1/#comment-4158 david Mon, 28 Apr 2008 23:01:50 +0000 http://www.1stMillionAt33.com/2008/04/my-new-budget-for-2008/#comment-4158 I am just starting my journey to be debt free and become wealthy I still am not convinced it can be done yet but I am still going , I have figured out bits and pieces along the way and have visited many sites , within the last couple of months I decided to blog about it and sign up for adsens to help me out of debt faster along with ebay and some small stock trading I am earning a couple hundred more dollars a week , your site is way ahead of mine and has many incredible tools for learning , I am going to figure all this out one way or another thank you I am just starting my journey to be debt free and become wealthy I still am not convinced it can be done yet but I am still going , I have figured out bits and pieces along the way and have visited many sites , within the last couple of months I decided to blog about it and sign up for adsens to help me out of debt faster along with ebay and some small stock trading I am earning a couple hundred more dollars a week , your site is way ahead of mine and has many incredible tools for learning , I am going to figure all this out one way or another
thank you

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