Author Topic: Overheard at Work: The Anti-Antimustachian Edition  (Read 360626 times)

Inaya

  • Handlebar Stache
  • *****
  • Posts: 1399
  • Age: 32
  • Location: Chicago, IL
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #900 on: April 26, 2017, 08:06:45 AM »
My boss told me they just finished paying his wife's student loans from veterinary school. He said they were ~$50k when they got married, and I don't think they've been married that long (5-6 years maybe? they have a 4 year old and a 2 year old), so it seems like they knocked it out pretty quickly. Not surprised. He brings his lunch almost every day, and it's usually leftovers.
My Cleverly Titled Journal: http://forum.mrmoneymustache.com/journals/cleverly-titled-journal/
My Cat's Facebook Page (yes, really): www.facebook.com/chicagotau
Tau now has an Instagram: www.instagram.com/chicagotau or #chicagotau
Discover Card referral ($50 now and $50 after your first year! and free credit monitoring): https://refer.discover.com/s/gv3ma

mustachepungoeshere

  • Handlebar Stache
  • *****
  • Posts: 1832
  • Location: Sydney, Oz
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #901 on: May 08, 2017, 08:11:23 PM »
This might belong here.

A new initiative by Youth Food Movement Australia encourages workplaces to pool their leftovers to avoid food wastage and promote team bonding by cooking in the work kitchen.

http://www.abc.net.au/news/2017-05-09/cook-at-work-to-wage-a-war-on-waste/8506486

kelvin

  • 5 O'Clock Shadow
  • *
  • Posts: 76
  • Location: Ottawa, ON
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #902 on: May 10, 2017, 12:29:20 PM »
I'm just recovering from surgery, first week back. Can't bike to work yet (doctor's orders). Decided to Uber - $15 each way, for a three day work week.

One of my coworkers gave me his Uber login because he had $20 free on Uber that he's not going to use. Thanks, friend!

Dollar Slice

  • Handlebar Stache
  • *****
  • Posts: 2328
  • Age: 40
  • Location: New York City
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #903 on: May 10, 2017, 12:48:37 PM »
I'm just recovering from surgery, first week back. Can't bike to work yet (doctor's orders). Decided to Uber - $15 each way, for a three day work week.

One of my coworkers gave me his Uber login because he had $20 free on Uber that he's not going to use. Thanks, friend!

If there are other similar services in your area (Lyft, Via, Gett, etc.), you can get free money through referrals if you sign up and try them out. I use Via and my friends get a $10 credit if they sign up through me. Not sure how much other services give.
Referrals for...
Prolific Academic: http://www.prolific.ac/rp?ref=3PJ4H43L (Earn money by taking academic surveys - way better than mturk, I average ~$9/hr)
Robinhood: http://bit.ly/2uGXBPG (Get a free stock!)

zolotiyeruki

  • Handlebar Stache
  • *****
  • Posts: 2284
  • Location: State: Denial
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #904 on: May 22, 2017, 08:12:35 AM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.

mtn

  • Handlebar Stache
  • *****
  • Posts: 1265
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #905 on: May 22, 2017, 08:46:31 AM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.

I don't think they're similarly efficient... For one thing, the heat from Halogen alone has to mean that you're wasting a lot of energy. But good move though. I'm down to 1 halogen bulb left in the house, and maybe 10 CFL's in rarely used spaces (attic, basement)

zolotiyeruki

  • Handlebar Stache
  • *****
  • Posts: 2284
  • Location: State: Denial
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #906 on: May 22, 2017, 09:07:28 AM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.

I don't think they're similarly efficient... For one thing, the heat from Halogen alone has to mean that you're wasting a lot of energy. But good move though. I'm down to 1 halogen bulb left in the house, and maybe 10 CFL's in rarely used spaces (attic, basement)
Maybe high-pressure sodium, then? When I did the research, it turned out to be similar lumens/watt.

LennStar

  • Pencil Stache
  • ****
  • Posts: 908
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #907 on: May 22, 2017, 01:09:56 PM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.

I don't think they're similarly efficient... For one thing, the heat from Halogen alone has to mean that you're wasting a lot of energy. But good move though. I'm down to 1 halogen bulb left in the house, and maybe 10 CFL's in rarely used spaces (attic, basement)
Maybe high-pressure sodium, then? When I did the research, it turned out to be similar lumens/watt.
That sounds more like it. Halogan use about 3 times more electricity per lumen.

Also LEDs have "problems" at night since they are more effective for blue light, but night lights need red.

Badass by 41

  • Stubble
  • **
  • Posts: 151
  • Location: San Francisco Bay Area
    • Journal
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #908 on: June 19, 2017, 06:20:11 PM »
We're finally executing our geo-arbitrage plan.  Moving to a 40% lower cost of living area but keeping our existing income, and continuing to work on lowering our spending.  We've saved ~40%+ of our income annually since finding MMM 3 years ago.  I think this move will boost that by an additional 15-20%!

Something that's been interesting in this process is the difference in conversations with co-workers.

Some can't believe that we would even think about moving our "entire family" out of the area, <sarcasm>which apparently is the one and only place one could possibly be in my industry</sarcasm>.

Other's immediately comment on the cost of living and quality of life gains.  This latter reaction has lead to some very interesting conversations, getting very close to outing myself as a mustachian.  But I just can't bring myself to do it with colleagues. Though I'm sure I've caught a knowing wink and/or glance in some situations. :-)

"The difference between theory and practice, is bigger in theory, than it is in practice." - Folklore

Our journey to FIRE: http://forum.mrmoneymustache.com/journals/badass-by-41-journal

Jim Fiction

  • 5 O'Clock Shadow
  • *
  • Posts: 33
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #909 on: June 21, 2017, 06:23:27 PM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

dragoncar

  • Walrus Stache
  • *******
  • Posts: 7363
  • Registered member
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #910 on: June 21, 2017, 11:24:52 PM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.


I don't think they're similarly efficient... For one thing, the heat from Halogen alone has to mean that you're wasting a lot of energy. But good move though. I'm down to 1 halogen bulb left in the house, and maybe 10 CFL's in rarely used spaces (attic, basement)
Maybe high-pressure sodium, then? When I did the research, it turned out to be similar lumens/watt.
That sounds more like it. Halogan use about 3 times more electricity per lumen.

Also LEDs have "problems" at night since they are more effective for blue light, but night lights need red.

According to Wikipedia, red-orange has the highest efficacy
« Last Edit: June 22, 2017, 01:06:05 PM by dragoncar »

rencelas

  • 5 O'Clock Shadow
  • *
  • Posts: 24
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #911 on: June 22, 2017, 05:33:39 AM »
The owner of the building where I work recently changed out their halogen (I think) parking lot lights for LED fixtures.  As it turns out, the old bulbs are similarly efficient to LEDs, but since the LED fixtures are more directional, they can be half the wattage and still illuminate the parking lot just as well.  With the state rebates, it turned out to be a pretty good deal. Plus, they won't have to replace them for a *very* long time.

I was plant manager of a very large manufacturing plant recently. We switched out all of our halogen bulbs, and many of our fluorescent fixtures, with LED. The halogen was a no brainer, cost wise, the fluorescent, not so much. However - your last point is spot on. My maintenance guys were forever replacing bulbs. Between bulbs burning out, disposal and handling of tube fluorescents, and the rest, the cost was easily justifiable.

Plus, for the same amount of fixtures, we're getting an incredible amount more light. Replacing a ~100W worth of tube lights with 100W of LED fixtures increased the brightness by a factor of 2 or so.

Then, at the end, our power company gave us a large slug of money - which I didn't even account for.

slugline

  • Handlebar Stache
  • *****
  • Posts: 1108
  • Location: Houston, TX USA
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #912 on: June 22, 2017, 08:35:14 AM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!

Inaya

  • Handlebar Stache
  • *****
  • Posts: 1399
  • Age: 32
  • Location: Chicago, IL
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #913 on: June 22, 2017, 09:04:51 AM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!
"Hold my beer. I'm maxing out my 401k. If I survive, the HSA is next."
My Cleverly Titled Journal: http://forum.mrmoneymustache.com/journals/cleverly-titled-journal/
My Cat's Facebook Page (yes, really): www.facebook.com/chicagotau
Tau now has an Instagram: www.instagram.com/chicagotau or #chicagotau
Discover Card referral ($50 now and $50 after your first year! and free credit monitoring): https://refer.discover.com/s/gv3ma

TomTX

  • Magnum Stache
  • ******
  • Posts: 2680
  • Location: Texas
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #914 on: June 24, 2017, 11:30:46 AM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!
"Hold my beer. I'm maxing out my 401k. If I survive, the HSA is next."

Definitely drunk talking. You only do 401k to the match before maxing the HSA. Maxing the 401k is afterward, and possibly after maxing your IRA!
Credit card signup bonuses:

$150 bonus on $500 spend for Chase Freedom:
https://www.referyourchasecard.com/2/MU4TDQ1N3K

$50 bonus (no min spend, just use it once) plus double all cash back at the end of 1 year for Discover, including the initial $50:
https://refer.discover.com/s/37e3u

$500 bonus on $4,000 spend for Chase Sapphire Preferred:
https://www.referyourchasecard.com/6/Z8JIP66H7G

TomTX

  • Magnum Stache
  • ******
  • Posts: 2680
  • Location: Texas
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #915 on: June 24, 2017, 01:07:22 PM »
coworker can't catch a break:

- Inherited house free and clear. Owes 3 years back taxes and is in constant fear of being foreclosed.
- No savings, no emergency account, no IRA, no 401k contributions. Emptied 401k earlier when previously laid off.
- Bought fancy truck for ~ annual salary. Traded it for different fancy truck 3 months later. Beater truck still worked.
- Needs fancy truck to tow cabin cruiser to and from lake, once per year each way.
- Owns several undriveable cars as nostalgia. Pays to garage them.
- Within 5 years of retirement. Life is unfair.

You probably want this thread: forum.mrmoneymustache.com/antimustachian-wall-of-shame-and-comedy/overheard-at-work/

The one you posted in is for more uplifting overheard at work stuff.
Credit card signup bonuses:

$150 bonus on $500 spend for Chase Freedom:
https://www.referyourchasecard.com/2/MU4TDQ1N3K

$50 bonus (no min spend, just use it once) plus double all cash back at the end of 1 year for Discover, including the initial $50:
https://refer.discover.com/s/37e3u

$500 bonus on $4,000 spend for Chase Sapphire Preferred:
https://www.referyourchasecard.com/6/Z8JIP66H7G

Jim Fiction

  • 5 O'Clock Shadow
  • *
  • Posts: 33
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #916 on: June 25, 2017, 02:38:20 PM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!

Indeed it was!

Panly

  • 5 O'Clock Shadow
  • *
  • Posts: 47
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #917 on: June 27, 2017, 07:03:43 AM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!

Indeed it was!



http://www.theonion.com/article/man-wakes-up-from-bender-with-financial-problems-s-19858

slugline

  • Handlebar Stache
  • *****
  • Posts: 1108
  • Location: Houston, TX USA

Linda_Norway

  • Handlebar Stache
  • *****
  • Posts: 1764
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #919 on: June 28, 2017, 08:16:44 AM »
http://www.theonion.com/article/man-wakes-up-from-bender-with-financial-problems-s-19858

Discovering a completely deductible Roth IRA would be worth the hangover.

Maybe some anonymous well-meaning Mustachian did this to this man while he was blacked out. And traded in his Lexus in the mans name. I guess it isn't very difficult to steal someones wallet, code brick, phone or whatever you need to get into his accounts.

Apples

  • Pencil Stache
  • ****
  • Posts: 751
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #920 on: June 28, 2017, 08:50:17 AM »
http://www.theonion.com/article/man-wakes-up-from-bender-with-financial-problems-s-19858

Discovering a completely deductible Roth IRA would be worth the hangover.

Maybe some anonymous well-meaning Mustachian did this to this man while he was blacked out. And traded in his Lexus in the mans name. I guess it isn't very difficult to steal someones wallet, code brick, phone or whatever you need to get into his accounts.

Linda I know you're from outside the U.S., so I just want to clarify in case you didn't know...The Onion is a satire and comedy website.  None of their stories are real.  It's possible you're just playing along with the "news story" though, so if so just ignore this.

Jim Fiction

  • 5 O'Clock Shadow
  • *
  • Posts: 33
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #921 on: June 29, 2017, 05:06:33 PM »
Had a co-worker come to me on Monday and start off the conversation as follows: "So I was kinda drunk this weekend, and I did something stupid". My mind started formulating several scenarios - of both mundane and lurid variety. I was completely shocked when he proceeded to say "...and I maxed out my 401k contributions." Totally unexpected, and was really pumped for him. I informed him that what he did was the opposite of stupid, and something I want to do myself, but won't be able to until my student loans are paid off. We wound up talking about finances for a solid 15 minutes.

He's never come off as mustachian and I didn't bring up the site, maybe I will the next time the conversation veers in that direction.

That's the most unexpected plot of the drunk weekend buddy comedy genre ever. Awesome!

Indeed it was!


http://www.theonion.com/article/man-wakes-up-from-bender-with-financial-problems-s-19858

Incredible! I will have to pass that along to my co-worker, I'm sure he'll get a kick out of it.

Raenia

  • Bristles
  • ***
  • Posts: 368
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #922 on: June 30, 2017, 01:12:15 PM »
Had a conversation with one of my coworkers today about HSA's - I've been meaning to sort out exactly what my options are at our company and mentioned it (I've been moving and haven't had time yet.)  She apparently not only didn't realize you can invest the money, but thought it worked like a bigger FSA where you lose the money if you leave the company/change plans.  She was really excited to hear that's not the case, and sounds like she'll be looking at setting one up!

Inaya

  • Handlebar Stache
  • *****
  • Posts: 1399
  • Age: 32
  • Location: Chicago, IL
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #923 on: July 05, 2017, 07:31:52 AM »
Overheard my former boss talking. Apparently he replaced his own fuel pump in has car over the weekend rather than take it to a mechanic to have it done. It was a pleasant surprise, since he's the type to eat lunch at the work cafeteria every day (or go off-campus with some colleagues).
My Cleverly Titled Journal: http://forum.mrmoneymustache.com/journals/cleverly-titled-journal/
My Cat's Facebook Page (yes, really): www.facebook.com/chicagotau
Tau now has an Instagram: www.instagram.com/chicagotau or #chicagotau
Discover Card referral ($50 now and $50 after your first year! and free credit monitoring): https://refer.discover.com/s/gv3ma

ducky19

  • Bristles
  • ***
  • Posts: 312
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #924 on: July 06, 2017, 05:51:49 AM »
A coworker brought in a cake today to celebrate paying off her car. She drives a 2012 Prius that she bought new and has around 30,000 miles on it because "everywhere I need to go is within a few miles of my house". I asked about her house and she said she had around 8 years left paying on it. I suggested that she take that car payment and apply it to her mortgage each month, but she said she is already making double payments - the only reason she didn't refinance into a 15 year note was to have flexibility in case of a job loss. We talked a bit more about personal finance and she declared her intentions to retire by 50 - not too impressive around here I know, but where we work that is well ahead of the curve. It was so refreshing to hear her story as opposed to the rest of my coworkers who plan to be here for 20-30 more years and are the poster children for consumerism!

Lauran75

  • 5 O'Clock Shadow
  • *
  • Posts: 87
  • Age: 41
  • Location: NE
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #925 on: July 07, 2017, 12:12:14 PM »
A co-worker recently announced that he is retiring. He is *maybe* 48. We got to talking, and he told me that when he turned 40 he told his financial advisor that he'd like to retire by 50. The planner told him that he probably could do it sooner than that. So he did.

recklesslysober

  • Bristles
  • ***
  • Posts: 466
  • Age: 29
  • Location: BC, Canada
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #926 on: July 07, 2017, 02:23:18 PM »
Posting to follow. Most of my co-workers seem fairly frugal. One is sessional so he saves during the year to be able to take the entire summer off.

Linda_Norway

  • Handlebar Stache
  • *****
  • Posts: 1764
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #927 on: July 09, 2017, 03:52:18 AM »
A co-worker recently announced that he is retiring. He is *maybe* 48. We got to talking, and he told me that when he turned 40 he told his financial advisor that he'd like to retire by 50. The planner told him that he probably could do it sooner than that. So he did.

That must have been some good financial advisor. As I sometimes hear people on this site who have talked to advisors who don't understand the concept of badass saving.

Lauran75

  • 5 O'Clock Shadow
  • *
  • Posts: 87
  • Age: 41
  • Location: NE
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #928 on: July 10, 2017, 12:37:21 PM »
A co-worker recently announced that he is retiring. He is *maybe* 48. We got to talking, and he told me that when he turned 40 he told his financial advisor that he'd like to retire by 50. The planner told him that he probably could do it sooner than that. So he did.

That must have been some good financial advisor. As I sometimes hear people on this site who have talked to advisors who don't understand the concept of badass saving.

From talking to him, it sounds like he already was well on his way there at 40.

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #929 on: July 10, 2017, 01:44:53 PM »
A co-worker recently announced that he is retiring. He is *maybe* 48. We got to talking, and he told me that when he turned 40 he told his financial advisor that he'd like to retire by 50. The planner told him that he probably could do it sooner than that. So he did.

That must have been some good financial advisor. As I sometimes hear people on this site who have talked to advisors who don't understand the concept of badass saving.

From talking to him, it sounds like he already was well on his way there at 40.

True, but I get the feeling that I could have $2M and be spending less than $25k annually and financial advisers would still tell me to keep working until I'm 65 or have $10M or some insane figure. I could be wrong, the one financial adviser I've spoke to was very complimentary towards my goals of Fire but he was seeing me as a friend and didn't charge for the session.

Lauran75

  • 5 O'Clock Shadow
  • *
  • Posts: 87
  • Age: 41
  • Location: NE
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #930 on: July 11, 2017, 08:53:42 AM »
A co-worker recently announced that he is retiring. He is *maybe* 48. We got to talking, and he told me that when he turned 40 he told his financial advisor that he'd like to retire by 50. The planner told him that he probably could do it sooner than that. So he did.

That must have been some good financial advisor. As I sometimes hear people on this site who have talked to advisors who don't understand the concept of badass saving.

From talking to him, it sounds like he already was well on his way there at 40.

True, but I get the feeling that I could have $2M and be spending less than $25k annually and financial advisers would still tell me to keep working until I'm 65 or have $10M or some insane figure. I could be wrong, the one financial adviser I've spoke to was very complimentary towards my goals of Fire but he was seeing me as a friend and didn't charge for the session.

That may be true. I have never had any dealings with a financial advisor, so wouldn't really know one way or the other.

nemovero

  • 5 O'Clock Shadow
  • *
  • Posts: 1
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #931 on: July 12, 2017, 08:39:28 AM »
Long time lurker, first time poster.

My Chemical Engineering department hosts an annual symposium meant for connecting students to industry and academic contacts in a specific industry. The panel gets a question every year about the advice they would give to engineers just starting out. There is always the run-of-the-mill professional advice. This year, one of the panelists changed it up, and said, "Don't out-spend what you earn as a chemical engineering. You'll suddenly qualify for loans to buy a $300k home, and a $60k car. But that's outspending what you earn. Live on one income if you're partnered. For single folks, try living on half your income, though that is a little more difficult."

It sparked a great discussion at my table where the Dean of the College was sitting with us. The dean followed up that advice with part of the reason: "You might need to walk away from the job one day: ethical, professional, or familial reasons. Don't get stuck in financial handcuffs."

I was pleasantly surprised to receive some practical advice.

Inaya

  • Handlebar Stache
  • *****
  • Posts: 1399
  • Age: 32
  • Location: Chicago, IL
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #932 on: July 12, 2017, 08:54:07 AM »
Last year's summer intern is now this year's new team member. Yesterday she proudly showed me her lunchbox and asked me how to take advantage of the tax-free, company-subsidized public transit program. She's also carless and living with two roommates. This one has promise!
My Cleverly Titled Journal: http://forum.mrmoneymustache.com/journals/cleverly-titled-journal/
My Cat's Facebook Page (yes, really): www.facebook.com/chicagotau
Tau now has an Instagram: www.instagram.com/chicagotau or #chicagotau
Discover Card referral ($50 now and $50 after your first year! and free credit monitoring): https://refer.discover.com/s/gv3ma

Linda_Norway

  • Handlebar Stache
  • *****
  • Posts: 1764
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #933 on: July 12, 2017, 09:30:13 AM »
One of my colleagues used to drive a really old car with 300K kms on the meter. His wife hates going on vacation with that car, because it has broken downa couple of time before, on a vacation. This year they discussed renting a car for the vacation. He ended up buying a new Volvo of the most expensive model. In Norway it costs more than a million Norwegian crowns, which is a lot of dollars (>110K).

Maybe if he keeps driving it forever, like his previous car, it might be a good deal eventually...?

thorbjorn88

  • 5 O'Clock Shadow
  • *
  • Posts: 19
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #934 on: July 12, 2017, 10:05:29 AM »
Today is the day after Amazon "prime day." Everyone is bragging about how much money they spent on "deals" they didn't need or plan on buying. Many of the same people I've heard complaining about tight finances are boasting about the biggest deals, coincidence?

JordanOfGilead

  • Bristles
  • ***
  • Posts: 428
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #935 on: July 12, 2017, 10:29:58 AM »
Today is the day after Amazon "prime day." Everyone is bragging about how much money they spent on "deals" they didn't need or plan on buying. Many of the same people I've heard complaining about tight finances are boasting about the biggest deals, coincidence?
I have to remind my girlfriend of this often. Just because you "saved" an arbitrary amount doesn't negate the fact that you spent a very real amount on something you may or may not actually need.

Dollar Slice

  • Handlebar Stache
  • *****
  • Posts: 2328
  • Age: 40
  • Location: New York City
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #936 on: July 12, 2017, 12:09:37 PM »
The last few posters might want to head over to the "Overheard at Work" thread... this is the confusingly named anti-anti-mustachian thread, where the negatives cancel each other out. We're supposed to share mustachian work stories here! :-)
Referrals for...
Prolific Academic: http://www.prolific.ac/rp?ref=3PJ4H43L (Earn money by taking academic surveys - way better than mturk, I average ~$9/hr)
Robinhood: http://bit.ly/2uGXBPG (Get a free stock!)

SwordGuy

  • Magnum Stache
  • ******
  • Posts: 3359
  • Location: Fayetteville, NC
    • Flipping Fayetteville
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #937 on: July 12, 2017, 07:42:10 PM »
Had a conversation with a co-worker today.  He knows I pay attention to finances and retirement.  I and a fellow co-worker convinced him to max out our 401k sometime in the last 4 years and to invest it in a target date retirement fund (he wouldn't be comfortable being more aggressive).  He felt the family budget now left them more money and was wondering what to do next.  I asked about a Roth and a Spousal Roth.  He was going to look into opening those soon.  This is on top of him having a son with special needs that easily could justify "we can't afford to save."

I married a woman with a child who has special needs.   It became one of my missions in life to make damn sure we had something to save.  A substantial something to save.

There were a lot of things in life I would have preferred doing to working so damn hard to make that happen.

I guess it's about priorities.

Inaya

  • Handlebar Stache
  • *****
  • Posts: 1399
  • Age: 32
  • Location: Chicago, IL
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #938 on: July 19, 2017, 12:22:17 PM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!
My Cleverly Titled Journal: http://forum.mrmoneymustache.com/journals/cleverly-titled-journal/
My Cat's Facebook Page (yes, really): www.facebook.com/chicagotau
Tau now has an Instagram: www.instagram.com/chicagotau or #chicagotau
Discover Card referral ($50 now and $50 after your first year! and free credit monitoring): https://refer.discover.com/s/gv3ma

mtn

  • Handlebar Stache
  • *****
  • Posts: 1265
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #939 on: July 19, 2017, 12:38:24 PM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!

That'll be New Glarus, probably Spotted Cow. Good beer for sure--maybe even my favorite beer--but the prices are insane. I usually have one or two while out at a bar when I'm in Wisconsin.

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #940 on: July 19, 2017, 01:16:57 PM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!

That'll be New Glarus, probably Spotted Cow. Good beer for sure--maybe even my favorite beer--but the prices are insane. I usually have one or two while out at a bar when I'm in Wisconsin.

I'm a huge beer lover and really don't see the appeal of Spotted Cow. Maybe I just have too much Minnesotan in me. When driving throuh WI I do love stopping to pick up beer as there are a ton of beers that aren't sold in Minnesota*.


*I squeeled like a little kid when I walked into a beer store near my office and saw that Dogfish is now being carried in Minnesota. The employees there know remember me though instead of laughing at me, I get the "Fight Club nod."

mtn

  • Handlebar Stache
  • *****
  • Posts: 1265
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #941 on: July 19, 2017, 01:54:10 PM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!

That'll be New Glarus, probably Spotted Cow. Good beer for sure--maybe even my favorite beer--but the prices are insane. I usually have one or two while out at a bar when I'm in Wisconsin.

I'm a huge beer lover and really don't see the appeal of Spotted Cow. Maybe I just have too much Minnesotan in me. When driving throuh WI I do love stopping to pick up beer as there are a ton of beers that aren't sold in Minnesota*.


*I squeeled like a little kid when I walked into a beer store near my office and saw that Dogfish is now being carried in Minnesota. The employees there know remember me though instead of laughing at me, I get the "Fight Club nod."

Dogfish head is nasty to me. I've tried about 4 or 5 of them now. Just... No.

But then I'm typically only a fan of certain stouts, and then after that just Lagers/Kolsches/Pilsners.

dragoncar

  • Walrus Stache
  • *******
  • Posts: 7363
  • Registered member
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #942 on: July 20, 2017, 02:00:22 AM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!

That'll be New Glarus, probably Spotted Cow. Good beer for sure--maybe even my favorite beer--but the prices are insane. I usually have one or two while out at a bar when I'm in Wisconsin.

I'm a huge beer lover and really don't see the appeal of Spotted Cow. Maybe I just have too much Minnesotan in me. When driving throuh WI I do love stopping to pick up beer as there are a ton of beers that aren't sold in Minnesota*.


*I squeeled like a little kid when I walked into a beer store near my office and saw that Dogfish is now being carried in Minnesota. The employees there know remember me though instead of laughing at me, I get the "Fight Club nod."

Dogfish head is nasty to me. I've tried about 4 or 5 of them now. Just... No.

But then I'm typically only a fan of certain stouts, and then after that just Lagers/Kolsches/Pilsners.

Did you try the 240 minute IPA?  It's got 200% ABV.

Zaga

  • Handlebar Stache
  • *****
  • Posts: 1441
  • Age: 37
  • Location: North of Pittsburgh, PA
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #943 on: July 20, 2017, 05:03:50 AM »
I was taking care of my mom's (small) inheritance at Fidelity yesterday, while there the guy saw my other assets on his screen and complimented me on my simple 3 fund portfolio.  He says he has trouble talking people into simple assets with low fees.  Well that's a breath of fresh air!  An investment adviser trying to advise people to buy index funds!

mtn

  • Handlebar Stache
  • *****
  • Posts: 1265
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #944 on: July 20, 2017, 09:55:40 AM »
Our new employee visited Wisconsin over the weekend. While she was there, she picked up a case of beer (~$30) that you can apparently only get in Wisconsin. She was on public transit, carrying the case home, when somebody offered her $100 for the case because he really liked the beer and didn't want to go to Wisconsin. Tidy $70 profit for her!

That'll be New Glarus, probably Spotted Cow. Good beer for sure--maybe even my favorite beer--but the prices are insane. I usually have one or two while out at a bar when I'm in Wisconsin.

I'm a huge beer lover and really don't see the appeal of Spotted Cow. Maybe I just have too much Minnesotan in me. When driving throuh WI I do love stopping to pick up beer as there are a ton of beers that aren't sold in Minnesota*.


*I squeeled like a little kid when I walked into a beer store near my office and saw that Dogfish is now being carried in Minnesota. The employees there know remember me though instead of laughing at me, I get the "Fight Club nod."

Dogfish head is nasty to me. I've tried about 4 or 5 of them now. Just... No.

But then I'm typically only a fan of certain stouts, and then after that just Lagers/Kolsches/Pilsners.

Did you try the 240 minute IPA?  It's got 200% ABV.

Don't know. Don't care. Won't try it. I don't like boozey beers, and I don't like IPA's either.

(I'm assuming that said beer does exist and you meant 20% ABV)

dandarc

  • Magnum Stache
  • ******
  • Posts: 2971
  • Age: 35
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #945 on: July 20, 2017, 10:02:18 AM »
Did you try the 240 minute IPA?  It's got 200% ABV.

Don't know. Don't care. Won't try it. I don't like boozey beers, and I don't like IPA's either.

(I'm assuming that said beer does exist and you meant 20% ABV)
Dragoncar was making a joke, as is usually the case.  Dogfish head 120 minute IPA is a 15-20% beer.  And is fantastic, at least to me.  There's also 60 minute IPA and 90 minute, with ABV's at 6% and 9%.

EricL

  • Pencil Stache
  • ****
  • Posts: 674
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #946 on: July 20, 2017, 10:21:06 AM »
It is very sad to me that it took some back and forth on beer - literal foam - to push this thread to 20 pages.  Are co workers really so dim?  Or is it just selective perception?
Gentleman of Leisure

mtn

  • Handlebar Stache
  • *****
  • Posts: 1265
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #947 on: July 20, 2017, 10:36:09 AM »
It is very sad to me that it took some back and forth on beer - literal foam - to push this thread to 20 pages.  Are co workers really so dim?  Or is it just selective perception?

I think it is more likely that we just don't see the anti-anti-mustachians because they're not flashy. And there are different levels of it—I think this thread is mostly just “mustachians spotted in the wild” rather than “financially responsible”—which while not mustachian, is also not anti-mustachian.

For instance, my director makes good money, is the type who never wants to retire because he really does enjoy what he does. He eats out lunch every day, and spends probably $50 a week on coffee. However, he has a car that is 20 years old, rides his bike to work quite often, bought his first house when he was 22, has Netflix instead of cable, etc.

Another colleague owns a condo, has roommates, brings her lunch to work. She, along with her brother, did about 25% of the work herself on her kitchen demo and renovation. But the kitchen didn’t need a reno, she just wanted it. She’s certainly not mustachian, but not anti-mustachian either.

But like I said in my first statement, the true anti-anti mustachians are hard to identify. People don’t brag out loud about increasing their 401k contributions or not buying a new car or not going out to dinner.

dragoncar

  • Walrus Stache
  • *******
  • Posts: 7363
  • Registered member
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #948 on: July 20, 2017, 01:20:30 PM »


Don't know. Don't care. Won't try it. I don't like boozey beers, and I don't like IPA's either.

(I'm assuming that said beer does exist and you meant 20% ABV)

Oh, now I see.  Try the 0 minute IPW, it's right up your alley.  It's got no hops, malts, yeast, or alcohol.

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 2855
  • Age: 34
  • Location: Madison Heights, Michigan
Re: Overheard at Work: The Anti-Antimustachian Edition
« Reply #949 on: July 20, 2017, 02:06:13 PM »


Don't know. Don't care. Won't try it. I don't like boozey beers, and I don't like IPA's either.

(I'm assuming that said beer does exist and you meant 20% ABV)

Oh, now I see.  Try the 0 minute IPW, it's right up your alley.  It's got no hops, malts, yeast, or alcohol.

Unflavored for me!