Author Topic: Overheard at Work  (Read 6253013 times)

MoonShadow

  • Magnum Stache
  • ******
  • Posts: 2544
  • Location: Louisville, Ky.
Re: Overheard at Work
« Reply #13050 on: March 31, 2016, 04:23:37 PM »

I don't think I"m going to make it the year and a half because guess where the work loads of those 6 people fell...yup, right in my lap. I just told my manager I want a significant raise if they expect me to deal with this.

I suspect that you might just get one, but it won't be enough for 6 people's workload.

MishMash

  • Pencil Stache
  • ****
  • Posts: 528
Re: Overheard at Work
« Reply #13051 on: March 31, 2016, 06:22:18 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

JLee

  • Magnum Stache
  • ******
  • Posts: 3983
Re: Overheard at Work
« Reply #13052 on: March 31, 2016, 06:32:24 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

MishMash

  • Pencil Stache
  • ****
  • Posts: 528
Re: Overheard at Work
« Reply #13053 on: March 31, 2016, 06:49:06 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

Someone tried to do that with one week then quit...they told him not to come in the next day, that he didn't need to give notice, just to avoid paying it out so that wouldn't work.  If I said 7 weeks they'd know and just let me go right then, I want them to pay out for some free time lol.

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work
« Reply #13054 on: March 31, 2016, 06:59:27 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

Someone tried to do that with one week then quit...they told him not to come in the next day, that he didn't need to give notice, just to avoid paying it out so that wouldn't work.  If I said 7 weeks they'd know and just let me go right then, I want them to pay out for some free time lol.

Sounds like a company that treats its employees like serfs. It may be advised to look for a company that respects its employees.

Kitsune

  • Handlebar Stache
  • *****
  • Posts: 1553
Re: Overheard at Work
« Reply #13055 on: March 31, 2016, 07:01:51 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

Someone tried to do that with one week then quit...they told him not to come in the next day, that he didn't need to give notice, just to avoid paying it out so that wouldn't work.  If I said 7 weeks they'd know and just let me go right then, I want them to pay out for some free time lol.

Sounds like a company that treats its employees like serfs. It may be advised to look for a company that respects its employees.

Wait. Not paying out owed vacation is legal in the US??? Seriously?

MoonShadow

  • Magnum Stache
  • ******
  • Posts: 2544
  • Location: Louisville, Ky.
Re: Overheard at Work
« Reply #13056 on: March 31, 2016, 07:27:05 PM »


Wait. Not paying out owed vacation is legal in the US??? Seriously?

No, it's not.

JLee

  • Magnum Stache
  • ******
  • Posts: 3983
Re: Overheard at Work
« Reply #13057 on: March 31, 2016, 07:43:06 PM »


Wait. Not paying out owed vacation is legal in the US??? Seriously?

No, it's not.

Looks like it depends on where you are: https://www.workplacefairness.org/final-pay#3

coolistdude

  • Stubble
  • **
  • Posts: 204
  • Age: 27
    • Retirement Tree (Same One I Use):
Re: Overheard at Work
« Reply #13058 on: March 31, 2016, 08:39:44 PM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

Someone tried to do that with one week then quit...they told him not to come in the next day, that he didn't need to give notice, just to avoid paying it out so that wouldn't work.  If I said 7 weeks they'd know and just let me go right then, I want them to pay out for some free time lol.

Sounds like a company that treats its employees like serfs. It may be advised to look for a company that respects its employees.

On the plus side, it may help OP never look back. Sometimes it is a good thing for someone to become disillusioned with the workforce. Sorry you are going through this. It sounds like you have lasted far longer than I would have. Nicely done :)
The good: 27 years old, 1 car, not renting anymore.
The bad: Single income, only about $17k in retirement, and no FI date.
The ugly: 1 year ago I was doing much better but lost all possessions due to mold. It has been an emotional roller coaster.

Blog: http://bravelycontent.blogspot.com/

RyanAtTanagra

  • Pencil Stache
  • ****
  • Posts: 841
  • Location: San Francisco, CA
Re: Overheard at Work
« Reply #13059 on: April 01, 2016, 01:02:22 AM »
Now, I pretty much hate this job, but only plan on working 1.5 more years (and could probably quit now but DH is against it because he has 5 more years to secure the pension and medical)

Sorry, none of my business, but this really bothered me.  So you could quit now, but your husband would rather you be miserable working a job you hate, because he has another 5 years?

SwordGuy

  • Magnum Stache
  • ******
  • Posts: 3360
  • Location: Fayetteville, NC
    • Flipping Fayetteville
Re: Overheard at Work
« Reply #13060 on: April 01, 2016, 04:38:13 AM »
Now, I pretty much hate this job, but only plan on working 1.5 more years (and could probably quit now but DH is against it because he has 5 more years to secure the pension and medical)

Sorry, none of my business, but this really bothered me.  So you could quit now, but your husband would rather you be miserable working a job you hate, because he has another 5 years?

I expect he would have to work EVEN LONGER at the job if she quit early.   So it seems fair to me that he gets some say in this.

SwordGuy

  • Magnum Stache
  • ******
  • Posts: 3360
  • Location: Fayetteville, NC
    • Flipping Fayetteville
Re: Overheard at Work
« Reply #13061 on: April 01, 2016, 04:41:51 AM »
My manager had a coming to jesus with our CEO about this guy yesterday as it's clear where the problem lies.  Our CEO just told her "Nah, I don't believe he would have done those things, he's such a cool guy, he taught me how to shoot an AK-47 last time I was down there"....Me, her, and the other guy in our office all just looked at him and went "Are you kidding me!!"  The largest POS in our company is now protected from retribution by our CEO, because he's the "cool kid"

That was the moment - right there in that office - the three of you should have announce your resignations, in unison.

The other two have worked with this guy in a series of companies they kind of go startup to startup with him so they never would.  Me, if I don't get a HUGE raise, I am not going to make it, I may put up with it for a year for an obscene amount of money but even then I'm honestly not sure it's really worth it to me.  They are also dick enough that they probably won't give me said raise until I put in my two weeks, even though they KNOW they can't afford to have me go right now, but they have been well known to cut their noses off so I need to be ready to leave permanently before I do. 

DH and I talked tonight, he's still against me quitting but admits I am freaking miserable again and that it's not going to get any better this time so I'm probably going to stick it out until after our three week vacation in June.  They don't pay out unused PTO days and I have 35 of them so it looks like I'm going to start taking some days off every month and start cramming my 401k.

Hell, just take 7 weeks off and then quit!

Someone tried to do that with one week then quit...they told him not to come in the next day, that he didn't need to give notice, just to avoid paying it out so that wouldn't work.  If I said 7 weeks they'd know and just let me go right then, I want them to pay out for some free time lol.

Sounds like a company that treats its employees like serfs. It may be advised to look for a company that respects its employees.

On the plus side, it may help OP never look back. Sometimes it is a good thing for someone to become disillusioned with the workforce. Sorry you are going through this. It sounds like you have lasted far longer than I would have. Nicely done :)

If you have FU money lined up, and you should if you are this close to FI, schedule a week off because "the stress" is getting to you.   Work a week or three and repeat.   

The worst they can do is fire you without cause, and that will get you unemployment.   


stylesjl

  • 5 O'Clock Shadow
  • *
  • Posts: 36
  • Age: 27
  • Location: Sydney, Australia
Re: Overheard at Work
« Reply #13062 on: April 01, 2016, 06:42:44 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Kitsune

  • Handlebar Stache
  • *****
  • Posts: 1553
Re: Overheard at Work
« Reply #13063 on: April 01, 2016, 07:38:08 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Adventine

  • Handlebar Stache
  • *****
  • Posts: 1175
  • Age: 28
  • Location: Manila, Philippines
Re: Overheard at Work
« Reply #13064 on: April 01, 2016, 09:05:32 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Kitsune, where did you get that kind of bag? I would love to have one of my own.

MishMash

  • Pencil Stache
  • ****
  • Posts: 528
Re: Overheard at Work
« Reply #13065 on: April 01, 2016, 09:06:05 AM »
Now, I pretty much hate this job, but only plan on working 1.5 more years (and could probably quit now but DH is against it because he has 5 more years to secure the pension and medical)

Sorry, none of my business, but this really bothered me.  So you could quit now, but your husband would rather you be miserable working a job you hate, because he has another 5 years?

I expect he would have to work EVEN LONGER at the job if she quit early.   So it seems fair to me that he gets some say in this.

We are on PTO days but we don't accrue, they are 'gifted' at the beginning of the year and the employment contract states no pay out for unused days.  Not sure if it's legal but people that have contested it in the past have failed.

DH has expensive hobbies, and wants to maintain them in retirement (or get more), so we are beyond FI by most peoples standards on here but not when you take into a account the cost and maintenance of the toys he wants in retirement.  He doesn't have any now because he realizes he's not around to make using them feasible but he's dead set on them in retirement and I can respect that.  I totally agree he gets a say, we built this idea together, and his employment (military) is the one that is providing a huge chunk of it in regards to pension and medical. 

Kitsune

  • Handlebar Stache
  • *****
  • Posts: 1553
Re: Overheard at Work
« Reply #13066 on: April 01, 2016, 10:59:06 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Kitsune, where did you get that kind of bag? I would love to have one of my own.

On a trip to Italy, so you're not gonna find them in stores!

But the brand is I Medici, and I just found the exact bag I have on their website: http://www.imedicibags.com/handbags/i-medici-borsa-leather-shopping-large-tote-bag.html (and the price has seriously gone up in 8 years...)

Adventine

  • Handlebar Stache
  • *****
  • Posts: 1175
  • Age: 28
  • Location: Manila, Philippines
Re: Overheard at Work
« Reply #13067 on: April 01, 2016, 11:06:52 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Kitsune, where did you get that kind of bag? I would love to have one of my own.

On a trip to Italy, so you're not gonna find them in stores!

But the brand is I Medici, and I just found the exact bag I have on their website: http://www.imedicibags.com/handbags/i-medici-borsa-leather-shopping-large-tote-bag.html (and the price has seriously gone up in 8 years...)

Definitely my kind of bag! But ooof, that price...

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work
« Reply #13068 on: April 01, 2016, 11:11:20 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Kitsune, where did you get that kind of bag? I would love to have one of my own.

On a trip to Italy, so you're not gonna find them in stores!

But the brand is I Medici, and I just found the exact bag I have on their website: http://www.imedicibags.com/handbags/i-medici-borsa-leather-shopping-large-tote-bag.html (and the price has seriously gone up in 8 years...)

Definitely my kind of bag! But ooof, that price...

For that Italian bag, it looks like it was a good 'investment,' if you intend on selling it. You've used it for 8 years and might be able to get more than you paid for it. I used to know someone with an eye for leather purses who will go to Italy for vacation and buy a bunch of purses and bring them back and sell them. I believe their sales pay for her trip to Italy and perhaps she makes a little on the side as well. This was back in the 90s, don't know if such arbitrage opportunities exist, or if the margins are enough to justify the risk.

Kitsune

  • Handlebar Stache
  • *****
  • Posts: 1553
Re: Overheard at Work
« Reply #13069 on: April 01, 2016, 11:19:35 AM »
Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

Wow.

The most I've paid for a purse was 180$ (at the exchange rate of the time), and it was high-quality thick leather that was big enough to slide a macbook in (I didn't want to carry purse + briefcase + book + lunch - everything can fit in one bag, please). I've worn it, so far, every day for 8 years, and, with a 10$ repair bill recently, it should last at least that long again... and it still looks nice enough that 3 of my colleagues have stopped me to ask where I got my purse, and was it recently, because they're looking for something nice and like mine.

I can understand paying more for quality (hell, I certainly did, and no 30$ cheap faux-leather purse would still be looking good after 8 years of non-careful wear and tear), but 2k on a bag is not quality, it's idiocy.

Kitsune, where did you get that kind of bag? I would love to have one of my own.

On a trip to Italy, so you're not gonna find them in stores!

But the brand is I Medici, and I just found the exact bag I have on their website: http://www.imedicibags.com/handbags/i-medici-borsa-leather-shopping-large-tote-bag.html (and the price has seriously gone up in 8 years...)

Definitely my kind of bag! But ooof, that price...

Well, at the time, it was almost 100$ less, and I still considered it an unreasonable splurge, but I don't buy "souvenir items" on trips: I save my money for one useful item that'll remind me of the trip, usually something that's cheaper where I'm going than at home (woven cotton scarves in Mexico, leather and pearls in Italy, foods or cooking gear specific to the region, etc). So: that was my justification  at the time.

But it's working out to under 25$/year to meet all my bag needs, looks great, and survives everything (drop it in mud? Rinse let dry, it's fine). Honestly: if it gave out in 5 years, I'd replace it with another of the same, rather than try to find a leather bag under 100$ that might last that long (hahahaha the quality of clothes these days is saaaaaad).

Erma

  • Bristles
  • ***
  • Posts: 277
  • Location: Switzerland
Re: Overheard at Work
« Reply #13070 on: April 01, 2016, 02:39:04 PM »
My coworker told today that she saw a lamp that she would like to have. It costs about a 1000 CHF. I told her that she should at least try to find a coupon for the shop where she wants to buy it. It seemed like she never thought about things like that.

nnls

  • Pencil Stache
  • ****
  • Posts: 849
  • Location: Perth, AU
Re: Overheard at Work
« Reply #13071 on: April 01, 2016, 04:05:40 PM »

Got another little bit from my workplace today. I had a co-worker discuss some shopping he doing for watches and he noticed a certain watch that costed $100,000 and wondered incredulously who would pay that much for a watch ("Must be a very nice watch").

I then told him about some other expensive items like a handbag that costs $10,000 and he then told me that another co-worker paid $2000 for a handbag! I was shocked that someone I know could be that wasteful (note this is not the same co-worker I mentioned earlier that was down to her last 3 dollars).

I worked with a lady who spent $3750 on a bag I know the exact price because it went on my credit card and she withdrew cash so her husband wouldn't know as they were saving for a house. (I didnt know thew hiding it from her husband scenario when I agreed to put it on my card.... she came and told me she had the cash to buy it but wanted to put it on a credit card for some kind of benefit that made no sense to me at the time, but as I never buy things this expensive I just kinda went along with it, so she gave me cash we went on break to buy bag, and then about a month later I went to her place for dinner and her husband mentioned how they were trying to save money!) I assume she had withdrawn the money over a few days and not all at once, I am not really too sure

Adventine

  • Handlebar Stache
  • *****
  • Posts: 1175
  • Age: 28
  • Location: Manila, Philippines
Re: Overheard at Work
« Reply #13072 on: April 01, 2016, 05:33:57 PM »
For that Italian bag, it looks like it was a good 'investment,' if you intend on selling it. You've used it for 8 years and might be able to get more than you paid for it. I used to know someone with an eye for leather purses who will go to Italy for vacation and buy a bunch of purses and bring them back and sell them. I believe their sales pay for her trip to Italy and perhaps she makes a little on the side as well. This was back in the 90s, don't know if such arbitrage opportunities exist, or if the margins are enough to justify the risk.

Interesting, never thought of it that way.



Well, at the time, it was almost 100$ less, and I still considered it an unreasonable splurge, but I don't buy "souvenir items" on trips: I save my money for one useful item that'll remind me of the trip, usually something that's cheaper where I'm going than at home (woven cotton scarves in Mexico, leather and pearls in Italy, foods or cooking gear specific to the region, etc). So: that was my justification  at the time.

But it's working out to under 25$/year to meet all my bag needs, looks great, and survives everything (drop it in mud? Rinse let dry, it's fine). Honestly: if it gave out in 5 years, I'd replace it with another of the same, rather than try to find a leather bag under 100$ that might last that long (hahahaha the quality of clothes these days is saaaaaad).

I wonder how well leather would last in a hot, sunny, humid climate... Time to research!

EllieStan

  • Stubble
  • **
  • Posts: 153
  • Location: Canada
Re: Overheard at Work
« Reply #13073 on: April 01, 2016, 05:57:40 PM »
Today a co-worker proudly told me that he just bought a 2016 Ford focus. He said that he was offered 16% interest as he and his fiance have no credit. He said he turned this down because they were only offering him $500 for his Jeep. Instead he took their offer of 27% interest if they gave him $1800 for his Jeep. 27% interest. No that's not a typo.

He said they told him he can "probably" refinance to 2% in a few months. He said he got a steal and that the car pays for itself because of the good mpg.

Gaahhhh it was so hard not to punch him.

27% ?! I think I would have stared at him like


for 10 minutes straight. Can't understand these people.

KodeBlue

  • Stubble
  • **
  • Posts: 157
Re: Overheard at Work
« Reply #13074 on: April 02, 2016, 08:02:56 PM »
Today a co-worker proudly told me that he just bought a 2016 Ford focus. He said that he was offered 16% interest as he and his fiance have no credit. He said he turned this down because they were only offering him $500 for his Jeep. Instead he took their offer of 27% interest if they gave him $1800 for his Jeep. 27% interest. No that's not a typo.

He said they told him he can "probably" refinance to 2% in a few months. He said he got a steal and that the car pays for itself because of the good mpg.

Gaahhhh it was so hard not to punch him.
Where is he planning to drive to, the moon?
Working in a car dealership must be blast, laughing at stupid crap these folks fall for.
Sam: "Hey Morti, I'm gonna tell the next guy that comes in that I'll give him $1800 on his trade in if he bites on the 27% intrest."
Morti: "No one's falling for that one."
Sam: "Just watch!"

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 26913
  • Age: -999
  • Location: Traveling the World
Re: Overheard at Work
« Reply #13075 on: April 02, 2016, 11:22:30 PM »
I'd totally pay a much higher interest rate to get more cash back.

Of course, I'd make sure there were no prepayment penalties, or guaranteed minimum interest paid, and then pay it all off right away, to not actually pay that much interest.  ;)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."

New Mom and Dad

  • 5 O'Clock Shadow
  • *
  • Posts: 25
Re: Overheard at Work
« Reply #13076 on: April 04, 2016, 06:48:21 AM »
Today I overheard at work, a guy talking about his new truck. This guy is 22 years old and makes roughly $27k-$30k per year. He was already making payments on a chevy pick up. He traded it in for a 2011 Toyota Tundra 4 door, lifted, brush guard, fancypants wheels, and giant mud tires.

Me and this fellow had spoken a few times about finance and he seemed to be on the right track. Until this purchase. His wife also has a new car and they just bought a house a few months ago.

The Consumer Sukka side has pulled him in beyond my reach!

mm1970

  • Magnum Stache
  • ******
  • Posts: 4777
Re: Overheard at Work
« Reply #13077 on: April 04, 2016, 01:38:26 PM »
In my business I deal with pregnant women - some of the ridiculous amounts of money that are spent on prams (frequently $1,500 +), cots, change tables, cord blood banking, pregnancy photo shoots, birth photo shoots, 1 month photo shoots (etc), swingy things to pacify their screaming progeny, baby baths, monitors that let you hear, see and monitor breathing... it makes my head spin. Usually coming from women with massive rocks on their fingers, fake tans-tits-eyelashes-hair extensions, who berate their partner for not doing enough to help them, then three sentences later screech at them for not earning enough to buy them the latest SUV to park in the driveway of their ridiculous McMansion. One woman recently told me (proudly) that all the bits and pieces had cost them over $10,000 (excluding medical expenses) - and then went on to boast that it included nail clippers and a nappy pail, but NOT the photo shoots. STFU!

If my brain has fritzed so much that I make the mistake of mentioning our refurbished cot, borrowed pram, bathing the kids in the kitchen sink, changing their nappy on a towel on the floor/bed/couch lack of professional photo shoots etc I get that slack jawed gape in response, followed by pity.... f-u-c-k!!
This made me LOL.  Most of that stuff is so ridiculous.  But I will admit to the baby bath - when they can't hold their head up, it's way easier. 

And as far as changing diapers on the floor - well that would have worked with kid #1, but for #2 we were in our early-mid-40's.  And oh my aching back...We changed them in a little changing box we put on top of our dresser.

mm1970

  • Magnum Stache
  • ******
  • Posts: 4777
Re: Overheard at Work
« Reply #13078 on: April 04, 2016, 01:46:53 PM »
Not strictly anti-MMM in the financial sense, but if you want to know what lifetime servitude to the federal system does to people, here's an example.

Two GS-13s are currently having an argument over a cubicle. Three of us had to move out of a particular area so it could be rebuilt, including one of the 13s in question, and during our temporary displacement, the other (who's been here longer) returned from a year-long deployment. Deployment guy is on his fair share of personal shit lists for various reasons, and decided to add to that this morning by pulling seniority and taking the window cube previously occupied (and assumed to be more or less reserved for) the other guy. As this produces a ripple effect that includes "my" workspace, I got to hear about it from him. As we walked into the area in question he openly launched into a tirade against the offender... I just walked away.

I had to go back over just now and partake in a group discussion of how my team (3 total) would rearrange ourselves within that same small (6-cube) area, while deployment guy sat nervously and fidgeted (clearly upset by his castigation but unrelenting all the same) and the whole time, all I can think is, how does any of this matter enough for people to get so wound up over it? It seems to me that the path I have traveled makes me immune to two different unhealthy trains of thought exhibited by these CWs. Deployment guy is clearly a lifer, hanging onto the system for the sake of the paycheck and the security, and has never really bonded with co-workers or shown great interest in having relationships here. He volunteered for a year overseas not long after arriving, probably for the extra pay. Judging from his output, he doesn't find great meaning in his work, and it seems like he's resorted to squeezing whatever kind of validation he can from little things like seniority and a window seat. It sounds really sad. Conversely, on the other side, I think if the offended party (who is senior to me, better paid, and a fellow DINK with oodles of FIRE potential) were in the financial driver's seat, he could look at things like I do - who cares about the seat? I'm here because I want to be, and if I hated it, I could walk. Instead, staring down another 20 years of this shit, being marginalized in the tiniest way is probably magnified in importance. It's a reminder of the pecking order, and of his subordination to the whims of a perceived inferior individual due to the vagaries of the system.
I have to say, there's something to be said for personal workspace, when you spend so much time at work.  I've been working for decades now.

Even the smallest cube, if it's yours, is a great thing.  There was a period of time when I had a window cube, big enough for my bicycle, and it was GLORIOUS - at least until two local teenagers started making out just outside the window.  My coworker and I finally went out after a few weeks to tell them "I know that the windows look black and all, but we can see you."

At my next company, I went from a desk in a trailer, to a cube, to...just a desk in an open area.  We were growing, didn't have much space, and someone decided that it would be great for collaboration to just have a big open space?  I'll tell you what it's good for ... distractions, noise, inability to make a phone call and concentrate.  It's awful.  I hate it.  It's a dumb idea.

For the last few years I've been in an office with 1-2 other people.  There are 2 desks, but one guy got laid off.  The other guy isn't here much because his wife had a baby (I haven't seen him since the baby was born a month ago).  It's private.  If one of us needs to shut the door and have the office to ourselves for a bit, that's okay.  I can see the open window 30 feet away over the cube farm.  Mostly when I need sunlight and air, I got for a walk.  When I need a smile break, I look at my calendar with pictures of my kids.

Within the grand scheme of cubes, I don't think window/ no window would matter much to me.  But the difference between my own cube and a big open shared space was glaring.

JAYSLOL

  • Pencil Stache
  • ****
  • Posts: 622
Re: Overheard at Work
« Reply #13079 on: April 04, 2016, 09:42:03 PM »
Today a co-worker proudly told me that he just bought a 2016 Ford focus. He said that he was offered 16% interest as he and his fiance have no credit. He said he turned this down because they were only offering him $500 for his Jeep. Instead he took their offer of 27% interest if they gave him $1800 for his Jeep. 27% interest. No that's not a typo.

He said they told him he can "probably" refinance to 2% in a few months. He said he got a steal and that the car pays for itself because of the good mpg.

Gaahhhh it was so hard not to punch him.
Where is he planning to drive to, the moon?
Working in a car dealership must be blast, laughing at stupid crap these folks fall for.
Sam: "Hey Morti, I'm gonna tell the next guy that comes in that I'll give him $1800 on his trade in if he bites on the 27% intrest."
Morti: "No one's falling for that one."
Sam: "Just watch!"


LOL, sadly that's probably exactly what happens.  I would bet loads of salesman have competitions with each other over how high they can get the interest and how much extra extended warranties and optional extras they can up-sell someone. 

Squirrel away

  • Handlebar Stache
  • *****
  • Posts: 1041
  • Location: United Kingdom
Re: Overheard at Work
« Reply #13080 on: April 05, 2016, 03:17:50 AM »

Even the smallest cube, if it's yours, is a great thing.  There was a period of time when I had a window cube, big enough for my bicycle, and it was GLORIOUS - at least until two local teenagers started making out just outside the window.  My coworker and I finally went out after a few weeks to tell them "I know that the windows look black and all, but we can see you."


Haha, that is funny.:D

cerat0n1a

  • Pencil Stache
  • ****
  • Posts: 789
  • Location: Cambridge, UK
Re: Overheard at Work
« Reply #13081 on: April 05, 2016, 03:31:17 AM »
I have to say, there's something to be said for personal workspace, when you spend so much time at work.  I've been working for decades now.

Even the smallest cube, if it's yours, is a great thing.  There was a period of time when I had a window cube, big enough for my bicycle, and it was GLORIOUS - at least until two local teenagers started making out just outside the window.  My coworker and I finally went out after a few weeks to tell them "I know that the windows look black and all, but we can see you."

At my next company, I went from a desk in a trailer, to a cube, to...just a desk in an open area.  We were growing, didn't have much space, and someone decided that it would be great for collaboration to just have a big open space?  I'll tell you what it's good for ... distractions, noise, inability to make a phone call and concentrate.  It's awful.  I hate it.  It's a dumb idea.

Within the grand scheme of cubes, I don't think window/ no window would matter much to me.  But the difference between my own cube and a big open shared space was glaring.

Used to manage a team of 25-30 people and re-arranging desks was seriously one of the worst aspects of it. The winners (those who gained a window seat, or a corner one that wasn't overlooked by someone) felt they'd got their due after years of suffering and the losers blamed whoever did the re-arrangement (me.) Hard to believe that mostly very smart people would get worked up about something like this, but when it's the place that you spend most of your waking hours in...

Now in a big space, for the same reasons you said and which has all the problems you mention. Hard to do any work that requires "flow" or periods of concentration.  We're getting a new building and will go back to smaller 6-8 person offices with no cubes.

mm1970

  • Magnum Stache
  • ******
  • Posts: 4777
Re: Overheard at Work
« Reply #13082 on: April 05, 2016, 10:39:50 AM »
I have to say, there's something to be said for personal workspace, when you spend so much time at work.  I've been working for decades now.

Even the smallest cube, if it's yours, is a great thing.  There was a period of time when I had a window cube, big enough for my bicycle, and it was GLORIOUS - at least until two local teenagers started making out just outside the window.  My coworker and I finally went out after a few weeks to tell them "I know that the windows look black and all, but we can see you."

At my next company, I went from a desk in a trailer, to a cube, to...just a desk in an open area.  We were growing, didn't have much space, and someone decided that it would be great for collaboration to just have a big open space?  I'll tell you what it's good for ... distractions, noise, inability to make a phone call and concentrate.  It's awful.  I hate it.  It's a dumb idea.

Within the grand scheme of cubes, I don't think window/ no window would matter much to me.  But the difference between my own cube and a big open shared space was glaring.

Used to manage a team of 25-30 people and re-arranging desks was seriously one of the worst aspects of it. The winners (those who gained a window seat, or a corner one that wasn't overlooked by someone) felt they'd got their due after years of suffering and the losers blamed whoever did the re-arrangement (me.) Hard to believe that mostly very smart people would get worked up about something like this, but when it's the place that you spend most of your waking hours in...

Now in a big space, for the same reasons you said and which has all the problems you mention. Hard to do any work that requires "flow" or periods of concentration.  We're getting a new building and will go back to smaller 6-8 person offices with no cubes.
My husband used to have a window office.  But then they reorganized, and took over another part of the building.  During the rearrangement, he got his own office, with a window...to the interior of the building (it's an internal office).  He doesn't actually care.

Honestly one of the best parts about their company...when I had my second baby, they offered me a key to their lactation room.  We didn't have one, and I had to use the shower room.  I didn't feel like trekking the block 2-3x a day.

ShoulderThingThatGoesUp

  • Magnum Stache
  • ******
  • Posts: 2778
  • Location: Emmaus, PA
Re: Overheard at Work
« Reply #13083 on: April 05, 2016, 12:18:47 PM »
I have to say, there's something to be said for personal workspace, when you spend so much time at work.  I've been working for decades now.

Even the smallest cube, if it's yours, is a great thing.  There was a period of time when I had a window cube, big enough for my bicycle, and it was GLORIOUS - at least until two local teenagers started making out just outside the window.  My coworker and I finally went out after a few weeks to tell them "I know that the windows look black and all, but we can see you."

At my next company, I went from a desk in a trailer, to a cube, to...just a desk in an open area.  We were growing, didn't have much space, and someone decided that it would be great for collaboration to just have a big open space?  I'll tell you what it's good for ... distractions, noise, inability to make a phone call and concentrate.  It's awful.  I hate it.  It's a dumb idea.

Within the grand scheme of cubes, I don't think window/ no window would matter much to me.  But the difference between my own cube and a big open shared space was glaring.

Used to manage a team of 25-30 people and re-arranging desks was seriously one of the worst aspects of it. The winners (those who gained a window seat, or a corner one that wasn't overlooked by someone) felt they'd got their due after years of suffering and the losers blamed whoever did the re-arrangement (me.) Hard to believe that mostly very smart people would get worked up about something like this, but when it's the place that you spend most of your waking hours in...

Now in a big space, for the same reasons you said and which has all the problems you mention. Hard to do any work that requires "flow" or periods of concentration.  We're getting a new building and will go back to smaller 6-8 person offices with no cubes.
My husband used to have a window office.  But then they reorganized, and took over another part of the building.  During the rearrangement, he got his own office, with a window...to the interior of the building (it's an internal office).  He doesn't actually care.

Honestly one of the best parts about their company...when I had my second baby, they offered me a key to their lactation room.  We didn't have one, and I had to use the shower room.  I didn't feel like trekking the block 2-3x a day.

My company has a "diversity room" for two purposes: mothers who need to pump, and Muslims who need to pray at certain times during the day. I am curious how it would work if both uses were wanted at once...

AZDude

  • Handlebar Stache
  • *****
  • Posts: 1213
Re: Overheard at Work
« Reply #13084 on: April 05, 2016, 01:54:44 PM »
Quote
Not strictly anti-MMM in the financial sense, but if you want to know what lifetime servitude to the federal system does to people, here's an example.

Two GS-13s are currently having an argument over a cubicle. Three of us had to move out of a particular area so it could be rebuilt, including one of the 13s in question, and during our temporary displacement, the other (who's been here longer) returned from a year-long deployment. Deployment guy is on his fair share of personal shit lists for various reasons, and decided to add to that this morning by pulling seniority and taking the window cube previously occupied (and assumed to be more or less reserved for) the other guy. As this produces a ripple effect that includes "my" workspace, I got to hear about it from him. As we walked into the area in question he openly launched into a tirade against the offender... I just walked away.

I had to go back over just now and partake in a group discussion of how my team (3 total) would rearrange ourselves within that same small (6-cube) area, while deployment guy sat nervously and fidgeted (clearly upset by his castigation but unrelenting all the same) and the whole time, all I can think is, how does any of this matter enough for people to get so wound up over it? It seems to me that the path I have traveled makes me immune to two different unhealthy trains of thought exhibited by these CWs. Deployment guy is clearly a lifer, hanging onto the system for the sake of the paycheck and the security, and has never really bonded with co-workers or shown great interest in having relationships here. He volunteered for a year overseas not long after arriving, probably for the extra pay. Judging from his output, he doesn't find great meaning in his work, and it seems like he's resorted to squeezing whatever kind of validation he can from little things like seniority and a window seat. It sounds really sad. Conversely, on the other side, I think if the offended party (who is senior to me, better paid, and a fellow DINK with oodles of FIRE potential) were in the financial driver's seat, he could look at things like I do - who cares about the seat? I'm here because I want to be, and if I hated it, I could walk. Instead, staring down another 20 years of this shit, being marginalized in the tiniest way is probably magnified in importance. It's a reminder of the pecking order, and of his subordination to the whims of a perceived inferior individual due to the vagaries of the system.

As a former government employee, I can practically see/hear this happening, substituting my own former co-workers in place of yours. I understand the sentiment of "who cares, I'm only here for X more months/years", but in reality, someone coming over and forcing you to move just so he can have the window instead of you? At that point, its not about the window, its about respect. Deployment guy would have to physically remove me from that cubicle or fire me to get me to move, seniority or no.

Of course, that attitude comes from years of diligent saving. Early in my career there was an open cube near the window, and I asked my supervisor if I could move over there since no one was using it. He said "no, I want you near me", clearly implying he wanted to be able to see what I was doing during the day. At that time I was happy just to have a decent paying job and was still recovering from poor decision making, so I just grumbled and went back to my desk.

SpeedReader

  • Stubble
  • **
  • Posts: 117
  • Age: 52
  • Location: Lynnwood, WA
Re: Overheard at Work
« Reply #13085 on: April 05, 2016, 07:31:21 PM »
Quote
Not strictly anti-MMM in the financial sense, but if you want to know what lifetime servitude to the federal system does to people, here's an example.

Two GS-13s are currently having an argument over a cubicle.

Another former Fed here; the worst part of my time as a GS-14 was exactly this nonsense. Since so much in the Federal service is standardized (pay, time off, etc) all that is left to complain about is whether (1) someone else's workload is perceived to be lighter, (2) other people are getting to the office on time, and (3) who has a window in their cube. To paraphrase a famous quote, the fighting is so bitter because the stakes are so low.


gimp

  • Handlebar Stache
  • *****
  • Posts: 2355
Re: Overheard at Work
« Reply #13086 on: April 05, 2016, 07:33:53 PM »
Where is he planning to drive to, the moon?
Working in a car dealership must be blast, laughing at stupid crap these folks fall for.
Sam: "Hey Morti, I'm gonna tell the next guy that comes in that I'll give him $1800 on his trade in if he bites on the 27% intrest."
Morti: "No one's falling for that one."
Sam: "Just watch!"

For the record, it's only ~230k miles. I should hope he's planning on driving the car for 230k miles!

My stated goal is to get my car to 300k miles (I bought it at 60k, so I want to drive to the moon and change.) I literally state it in reference to the distance to the moon when asked. "How long are you planning to keep the car for?" "Till I've driven it the distance to the moon."

On a side note, I get asked somewhat often how long I plan on keeping the car... I like cars, I do work on mine, I'm looking at getting something faster (yes, that'll deserve its own thread later), and I'm 25 and make engineer dollars, so I often get asked (because nobody else here drives a 16-year-old buick.)

Taran Wanderer

  • Bristles
  • ***
  • Posts: 479
Re: Overheard at Work
« Reply #13087 on: April 05, 2016, 09:00:36 PM »
Arrgghh!  With this earth-to-the-moon talk, you're going to make me do that in my car, which means I need to drive it another year to have driven it 230,100 miles since buying it.  But I'm ready for a different car now!

I guess now I can post this under the "MMM saved me $$$" thread...
"Incidentally, ten years ago I thought I wanted a Mercedes. Now I just want a nap and a cup of coffee."
  - Kashmani in Defining 'Rich'

andy85

  • Handlebar Stache
  • *****
  • Posts: 1100
  • Age: 32
  • Location: Louisville, KY
Re: Overheard at Work
« Reply #13088 on: April 06, 2016, 08:10:23 AM »
Finally have a decent one.

Lady in my building retiring at the end of this month. In her 60s, can't make more than 50-60k/year. Last week she did a 2 or 3 year lease on a 2016 Ford Mustang for like $360/month....1 month from retirement...and i have overheard her saying how she expects her income to drop. So, should work well with an extra monthly payment in the mix.

Sigh

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work
« Reply #13089 on: April 06, 2016, 11:03:59 AM »
I just spoke to a customer of mine, we are very friendly with each other and so we talk about a bit more than just products. He was asking me about the Tesla Model 3, knowing that I would be interested in getting one. I mentioned that I have a Camry that's only about 10 years old so it will be a while before I need a car. He mentioned that he finances his car and trades them in every few years, "I lose the negative equity but I just roll it into the new car, that way I don't have to worry about maintenance. Plus I'm used to having a car payment."

I didn't know what to say. A year ago he asked me for my number and I told him that it was 1M and he said that he wanted at least $10M. He's a great guy, but not very good at managing my money.

onlykelsey

  • Handlebar Stache
  • *****
  • Posts: 1854
Re: Overheard at Work
« Reply #13090 on: April 06, 2016, 11:40:08 AM »
Co-Worker yesterday...

"I know what you mean about not taking on any debt at all. I don't either. I get my inlaws to write me loans instead. They charge me half the interest the bank does!"

I can't decide whether this is smart or not, but either way, its still debt.

Sounds like a great way to develop co-dependence, put all your eggs in one (family's) basket, and also not get credit on your credit score for timely payments. Pass.

MgoSam

  • Magnum Stache
  • ******
  • Posts: 3474
  • Location: Minnesota
Re: Overheard at Work
« Reply #13091 on: April 06, 2016, 11:46:10 AM »
Co-Worker yesterday...

"I know what you mean about not taking on any debt at all. I don't either. I get my inlaws to write me loans instead. They charge me half the interest the bank does!"

I can't decide whether this is smart or not, but either way, its still debt.

Sounds like a great way to develop co-dependence, put all your eggs in one (family's) basket, and also not get credit on your credit score for timely payments. Pass.

This idea has crossed my mind when I was buying a house. I have the cash to pay cash for it, but instead I took out a 30 year mortgage and put in a 20% down payment. My families company has a ton of cash collecting nearly nothing our savings account and I would have saved a ton of closing costs and the like to have gotten a private mortgage and my company would have generated a greater return.

I didn't bring it up because I don't want to cause any dependency issues or cause any future conflicts.

jinga nation

  • Pencil Stache
  • ****
  • Posts: 669
  • Location: 'Murica's Wang
  • Left, Right, Peddlin' Shite
Re: Overheard at Work
« Reply #13092 on: April 06, 2016, 12:36:32 PM »
Co-Worker yesterday...

"I know what you mean about not taking on any debt at all. I don't either. I get my inlaws to write me loans instead. They charge me half the interest the bank does!"

I can't decide whether this is smart or not, but either way, its still debt.

Sounds like a great way to develop co-dependence, put all your eggs in one (family's) basket, and also not get credit on your credit score for timely payments. Pass.

This idea has crossed my mind when I was buying a house. I have the cash to pay cash for it, but instead I took out a 30 year mortgage and put in a 20% down payment. My families company has a ton of cash collecting nearly nothing our savings account and I would have saved a ton of closing costs and the like to have gotten a private mortgage and my company would have generated a greater return.

I didn't bring it up because I don't want to cause any dependency issues or cause any future conflicts.
Good man! I've seen family loans come with invisible clauses and obligations. I've seen relationships ruined. Separation of business and family dealings is best.
If I genuinely enjoy my profession and workplace, is there a reason to FIRE? Keep Calm and Carry On Milking.

coolistdude

  • Stubble
  • **
  • Posts: 204
  • Age: 27
    • Retirement Tree (Same One I Use):
Re: Overheard at Work
« Reply #13093 on: April 06, 2016, 03:13:11 PM »
Co-Worker yesterday...

"I know what you mean about not taking on any debt at all. I don't either. I get my inlaws to write me loans instead. They charge me half the interest the bank does!"

I can't decide whether this is smart or not, but either way, its still debt.

Sounds like a great way to develop co-dependence, put all your eggs in one (family's) basket, and also not get credit on your credit score for timely payments. Pass.

This idea has crossed my mind when I was buying a house. I have the cash to pay cash for it, but instead I took out a 30 year mortgage and put in a 20% down payment. My families company has a ton of cash collecting nearly nothing our savings account and I would have saved a ton of closing costs and the like to have gotten a private mortgage and my company would have generated a greater return.

I didn't bring it up because I don't want to cause any dependency issues or cause any future conflicts.
Good man! I've seen family loans come with invisible clauses and obligations. I've seen relationships ruined. Separation of business and family dealings is best.

+1. Part of work is complaining about it at home. If you can't do that without blaming family members then...you have a problem.
The good: 27 years old, 1 car, not renting anymore.
The bad: Single income, only about $17k in retirement, and no FI date.
The ugly: 1 year ago I was doing much better but lost all possessions due to mold. It has been an emotional roller coaster.

Blog: http://bravelycontent.blogspot.com/

NoraLenderbee

  • Handlebar Stache
  • *****
  • Posts: 1037
Re: Overheard at Work
« Reply #13094 on: April 06, 2016, 05:19:36 PM »
Quote
Not strictly anti-MMM in the financial sense, but if you want to know what lifetime servitude to the federal system does to people, here's an example.

Two GS-13s are currently having an argument over a cubicle.

Another former Fed here; the worst part of my time as a GS-14 was exactly this nonsense. Since so much in the Federal service is standardized (pay, time off, etc) all that is left to complain about is whether (1) someone else's workload is perceived to be lighter, (2) other people are getting to the office on time, and (3) who has a window in their cube. To paraphrase a famous quote, the fighting is so bitter because the stakes are so low.

Don't think this is unique to government employees. The exact same thing goes on in big corporations. Another manager picked a public fight with me when my report got the window cube he felt his report should have . . .
« Last Edit: April 06, 2016, 05:21:21 PM by NoraLenderbee »

SpeedReader

  • Stubble
  • **
  • Posts: 117
  • Age: 52
  • Location: Lynnwood, WA
Re: Overheard at Work
« Reply #13095 on: April 06, 2016, 07:49:56 PM »
Quote
Not strictly anti-MMM in the financial sense, but if you want to know what lifetime servitude to the federal system does to people, here's an example.

Two GS-13s are currently having an argument over a cubicle.

Another former Fed here; the worst part of my time as a GS-14 was exactly this nonsense. Since so much in the Federal service is standardized (pay, time off, etc) all that is left to complain about is whether (1) someone else's workload is perceived to be lighter, (2) other people are getting to the office on time, and (3) who has a window in their cube. To paraphrase a famous quote, the fighting is so bitter because the stakes are so low.

Don't think this is unique to government employees. The exact same thing goes on in big corporations. Another manager picked a public fight with me when my report got the window cube he felt his report should have . . .

/Facepalm. 

pbkmaine

  • Walrus Stache
  • *******
  • Posts: 6830
  • Age: 61
  • Location: The Villages, Florida
Re: Overheard at Work
« Reply #13096 on: April 06, 2016, 08:23:43 PM »
In my second job out of school, my boss stuck one of his extra bookcases in my cube. He did not have room for it, and I needed access to the documents it contained. The office manager got very bent out of shape about this, since as a new hire, I was not entitled to a bookcase. I pointed out that I had nothing to do with it being there and she needed to speak with my boss. Apparently, my having a bookcase went up to the area managing partner and was extensively discussed in several meetings. I ended up keeping the bookcase, but the office manager scowled whenever she saw it.

Kitsune

  • Handlebar Stache
  • *****
  • Posts: 1553
Re: Overheard at Work
« Reply #13097 on: April 06, 2016, 08:34:01 PM »
In my second job out of school, my boss stuck one of his extra bookcases in my cube. He did not have room for it, and I needed access to the documents it contained. The office manager got very bent out of shape about this, since as a new hire, I was not entitled to a bookcase. I pointed out that I had nothing to do with it being there and she needed to speak with my boss. Apparently, my having a bookcase went up to the area managing partner and was extensively discussed in several meetings. I ended up keeping the bookcase, but the office manager scowled whenever she saw it.


Once you calculate hourly rate+overhead of the people discussing it, that is one expensive bookcase.

Words spoken by me, at work, today, to my boss: "she is my colleague, but she is not entitled to scream at me, belittle me, or call me names, in private OR in front of the rest of the team. You can either ensure that she never does it again, or you have two weeks to work on my transition plan."

I am not FI, but we have no debt (as of this month) and can make ends meet on one salary. Obviously I'd like to keep earning money, but not badly enough to put up with this. God, it's so freeing.

nobodyspecial

  • Handlebar Stache
  • *****
  • Posts: 1472
  • Location: Land above the land of the free
Re: Overheard at Work
« Reply #13098 on: April 06, 2016, 09:32:37 PM »
I interned at a government lab where my immediate manager broke his office chair.
On trying to get a replacement the stores told him they only had stock of chairs for a higher grade and so he couldn't have one.
Of course they also wouldn't issue him with a regular chair because he had an office.
The sage of the chair continued all the time I was there.

This was a lab with a $Bn budget and $$$Bn of research facilities and equipment     

JordanOfGilead

  • Bristles
  • ***
  • Posts: 428
Re: Overheard at Work
« Reply #13099 on: April 07, 2016, 05:50:11 AM »


Wait. Not paying out owed vacation is legal in the US??? Seriously?

No, it's not.
It depends on what kind of employment contract you have with the company. If they terminate your employment, a lot of times they have every right to not pay you for your banked vacation time.