Author Topic: Overheard at Work  (Read 7871426 times)

ysette9

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Re: Overheard at Work
« Reply #17850 on: June 14, 2017, 12:26:49 PM »
Quote
Re the house location. Depending on the type of auditing and office practice, auditors may not actually be in the office more than a few days a month, and it makes much more sense to locate to accommodate airports, transit, highways, etc.

That is true, but this location is far from work and far from airports and urban centers. I should have clarified: the second guy wasn't an auditor but a gov employee supporting the audit. He works at the same location as I do.
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paddedhat

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Re: Overheard at Work
« Reply #17851 on: June 14, 2017, 01:58:26 PM »
In Canada it is mandatory to put nutrition labels and ingredient lists on products. For the first two decades of my life, I didn't look at them. Now I consult them with fervour. There are bizarre land mines that are only detectable by consulting those labels. Fairly regularly I'll see two almost identical products (ex. cheese perogies) by different companies have drastically different levels of salt but everything else identical. Or there will be some products not even worth considering buying at the store but perfectly reasonably and fun to make at home (ex. chicken nuggets)

We have nutrition labels and ingredient lists in 'Merica too.  Ain't nobody look at them; and ain't nobody buy perogies 'cept from Mrs. T's or Hunky-church ladies.

I smiled at that. I'm sure that many haven't a clue about what you are referring to, but  growing up near a huge steel mill town, I sure do. In the "bad" part of the city, there were many eastern euro churches where the little old ladies cranked out some serious perogies. It got to the point where one of the churches  went out and bought a couple of station wagons just to deliver the things. When it came to Perogie sales, they didn't play around. Memories, yum................

Alf91

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Re: Overheard at Work
« Reply #17852 on: June 14, 2017, 06:41:44 PM »
CW: I can't wait til payday, I'm so broke.
CW (few hours later): Gonna go get take out for lunch!

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Re: Overheard at Work
« Reply #17853 on: June 14, 2017, 08:05:56 PM »
We had a soccer team at work, and there were a lot of younger guys on the team.  They were all standing around admiring one of the guys car that he just purchased (or I assumed leased).  The car was an Mercedes AMG convertible (I'll admit it is a beautiful machine)

Me:  Nice car when did you get it.
Him:  Last week, the ladies love it.
Me:  Oh, yeah, they'd probably be more impressed if you weren't still living with your parents.

the rest of the guys thought that was hilarious, but seriously, you are making good money, living at home, why not use that money to build some wealth.  I try talking to the young guys about this, but they don't seem to care.

Where does he expect to be able to bring a lady if he catches one? Does he plan to just fuck her in the back seat of the Mercedes convertible? Because I don't believe there is one.
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Abo345

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Re: Overheard at Work
« Reply #17854 on: June 14, 2017, 11:16:12 PM »
my coworkers monthly expenses on stupid shit:
$100 month for a guy to mow the lawn
$300+ month cable bill
$300 month HOA
$315+ month food expenses while at work (eating breakfast and lunch at work, $15 per day at 21 work days per month, could be higher for all I know)
$50-60 month for his and wife new phone installment plans (had to get new phones so they could use FaceTime literally one time when the wife went away for a weekend)

So like $1100 month extra in useless stuff..nbd

And this is only the stuff that has come up in conversation. Im sure there is more.

TaraB

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Re: Overheard at Work
« Reply #17855 on: June 15, 2017, 05:20:52 AM »
We had a soccer team at work, and there were a lot of younger guys on the team.  They were all standing around admiring one of the guys car that he just purchased (or I assumed leased).  The car was an Mercedes AMG convertible (I'll admit it is a beautiful machine)

Me:  Nice car when did you get it.
Him:  Last week, the ladies love it.
Me:  Oh, yeah, they'd probably be more impressed if you weren't still living with your parents.

the rest of the guys thought that was hilarious, but seriously, you are making good money, living at home, why not use that money to build some wealth.  I try talking to the young guys about this, but they don't seem to care.

Where does he expect to be able to bring a lady if he catches one? Does he plan to just fuck her in the back seat of the Mercedes convertible? Because I don't believe there is one.

Gotta trade up to a bigger Mercedes!

Linda_Norway

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Re: Overheard at Work
« Reply #17856 on: June 15, 2017, 06:53:32 AM »
One of my young, female colleagues said in the lunch break that she sometimes finds clothes in her cupboard that are several years old and never worn. Sometimes she buys the same cloth twice, because she forgot she already had it.

The 2 male young colleagues at the same table said they were wearing t-shirts that they had had for years. One said his t-shirt was originally blue. It was now very grey, but still looking OK. I am myself also wearing a 10+ year old t-shirt today.

The female colleague is driving a BMW fancy kind of model. Now she is dreaming of a Tesla.
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Debts_of_Despair

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Re: Overheard at Work
« Reply #17857 on: June 15, 2017, 08:42:05 AM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

Reynold

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Re: Overheard at Work
« Reply #17858 on: June 15, 2017, 09:03:42 AM »
my coworkers monthly expenses on stupid shit:
$300 month HOA

To be fair, in some places, buying a condo or townhouse with a $300/month HOA fee can be cheaper than buying a house without a HOA fee because the additional property taxes on the same square footage house will be more than $300/month, even ignoring the higher purchase price of the house.  I would be surprised if the people you mention thought that way though. :)

A couple of years ago, my workplace offered a "higher tier" health insurance plan that cost the employee something like $800/month, versus the "lower tier" one that was more like $100/month for the employee.  The higher tier one had slightly better coverage of out-of-network stuff, but since they had similar caps on total out of pocket coverage before they covered 100%, I couldn't construct any possible scenario under which the higher tier one saved you money.  It got dropped, and the VP of my area, which is highly technical, was complaining that he couldn't get it any more.  I asked if he had ever crunched any numbers on it, and the answer was no, he just "wanted the best coverage".  While he could afford it, it only took me about 15 minutes of playing with hypotheticals to figure out the higher tier insurance was a bad buy, that is pretty good $/hour. . .

ingrownstudentloans

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Re: Overheard at Work
« Reply #17859 on: June 15, 2017, 09:12:35 AM »
It got dropped, and the VP of my area, which is highly technical, was complaining that he couldn't get it any more.  I asked if he had ever crunched any numbers on it, and the answer was no, he just "wanted the best coverage".

I don't see the problem here - if it's more expensive, it has to be better coverage.  Good thing your family didn't get sick.  You must not love your kids if you are willing to risk their health for $700/mo.
/s

gReed Smith

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Re: Overheard at Work
« Reply #17860 on: June 15, 2017, 09:16:58 AM »
my coworkers monthly expenses on stupid shit:
$100 month for a guy to mow the lawn
$300+ month cable bill
$300 month HOA
$315+ month food expenses while at work (eating breakfast and lunch at work, $15 per day at 21 work days per month, could be higher for all I know)
$50-60 month for his and wife new phone installment plans (had to get new phones so they could use FaceTime literally one time when the wife went away for a weekend)

So like $1100 month extra in useless stuff..nbd

And this is only the stuff that has come up in conversation. Im sure there is more.

The HOA fee doesn't impress me much without knowing what services it covers.  But, I guarantee he spends more than $315 on eating out if he buys breakfast and lunch.  Also, I can't even imagine how to get a cable bill over $300!

Linda_Norway

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Re: Overheard at Work
« Reply #17861 on: June 15, 2017, 09:20:57 AM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

Vindicated

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Re: Overheard at Work
« Reply #17862 on: June 15, 2017, 09:38:29 AM »
It got dropped, and the VP of my area, which is highly technical, was complaining that he couldn't get it any more.  I asked if he had ever crunched any numbers on it, and the answer was no, he just "wanted the best coverage".

I don't see the problem here - if it's more expensive, it has to be better coverage.  Good thing your family didn't get sick.  You must not love your kids if you are willing to risk their health for $700/mo.
/s

This is a weird argument.

Do you pay for a home security system?  If not, you must not love your kids if you're risking your safety for $50/mo.

Do you have a full-time bodyguard for your kids?  If not, you must not love your kids if you're not hiring professionals to follow them around for $5k/mo

----

The obvious take away is that Reynold has insurance, which DOES protect his family's health.  Should he be critical of a coworker paying for the higher priced stuff?  It depends on the financial details of the person.  If they can afford the $700/mo and it offers benefits that make it a good deal for them, then no problem.  If they're just buying an extra $700/mo of coverage for no benefit, then yes, it's foolish.
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ketchup

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Re: Overheard at Work
« Reply #17863 on: June 15, 2017, 09:41:41 AM »
It got dropped, and the VP of my area, which is highly technical, was complaining that he couldn't get it any more.  I asked if he had ever crunched any numbers on it, and the answer was no, he just "wanted the best coverage".

I don't see the problem here - if it's more expensive, it has to be better coverage.  Good thing your family didn't get sick.  You must not love your kids if you are willing to risk their health for $700/mo.
/s

This is a weird argument.

Do you pay for a home security system?  If not, you must not love your kids if you're risking your safety for $50/mo.

Do you have a full-time bodyguard for your kids?  If not, you must not love your kids if you're not hiring professionals to follow them around for $5k/mo

----

The obvious take away is that Reynold has insurance, which DOES protect his family's health.  Should he be critical of a coworker paying for the higher priced stuff?  It depends on the financial details of the person.  If they can afford the $700/mo and it offers benefits that make it a good deal for them, then no problem.  If they're just buying an extra $700/mo of coverage for no benefit, then yes, it's foolish.
I think you missed the /s switch.

solon

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Re: Overheard at Work
« Reply #17864 on: June 15, 2017, 09:50:06 AM »
It got dropped, and the VP of my area, which is highly technical, was complaining that he couldn't get it any more.  I asked if he had ever crunched any numbers on it, and the answer was no, he just "wanted the best coverage".

I don't see the problem here - if it's more expensive, it has to be better coverage.  Good thing your family didn't get sick.  You must not love your kids if you are willing to risk their health for $700/mo.
/s

This is a weird argument.

Do you pay for a home security system?  If not, you must not love your kids if you're risking your safety for $50/mo.

Do you have a full-time bodyguard for your kids?  If not, you must not love your kids if you're not hiring professionals to follow them around for $5k/mo

----

The obvious take away is that Reynold has insurance, which DOES protect his family's health.  Should he be critical of a coworker paying for the higher priced stuff?  It depends on the financial details of the person.  If they can afford the $700/mo and it offers benefits that make it a good deal for them, then no problem.  If they're just buying an extra $700/mo of coverage for no benefit, then yes, it's foolish.
I think you missed the /s switch.

It's always fun when people take sarcasm seriously.

Vindicated

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Re: Overheard at Work
« Reply #17865 on: June 15, 2017, 10:05:35 AM »
Glad it was sarcasm.  I've never seen it shown as "/s".  Alert level lowered to yellow :-P
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LennStar

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Re: Overheard at Work
« Reply #17866 on: June 15, 2017, 11:26:54 AM »
One of my young, female colleagues said in the lunch break that she sometimes finds clothes in her cupboard that are several years old and never worn. Sometimes she buys the same cloth twice, because she forgot she already had it.

The 2 male young colleagues at the same table said they were wearing t-shirts that they had had for years. One said his t-shirt was originally blue. It was now very grey, but still looking OK. I am myself also wearing a 10+ year old t-shirt today.

The female colleague is driving a BMW fancy kind of model. Now she is dreaming of a Tesla.
Dream on, girl!
I have a few pullover that may be 20 years old by now. They are really presentable, but as long as I don't need to impress someone they are still doing their job - warm and comfy.
Of course T-Shirts die earlier, they are thinner, and nearly always at the ellbow anyway. 5 years for a cheapo. 

BDWW

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Re: Overheard at Work
« Reply #17867 on: June 15, 2017, 11:35:26 AM »
One of my young, female colleagues said in the lunch break that she sometimes finds clothes in her cupboard that are several years old and never worn. Sometimes she buys the same cloth twice, because she forgot she already had it.

The 2 male young colleagues at the same table said they were wearing t-shirts that they had had for years. One said his t-shirt was originally blue. It was now very grey, but still looking OK. I am myself also wearing a 10+ year old t-shirt today.

The female colleague is driving a BMW fancy kind of model. Now she is dreaming of a Tesla.
Dream on, girl!
I have a few pullover that may be 20 years old by now. They are really presentable, but as long as I don't need to impress someone they are still doing their job - warm and comfy.
Of course T-Shirts die earlier, they are thinner, and nearly always at the ellbow anyway. 5 years for a cheapo.

Your t-shirts have elbows?

dragoncar

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Re: Overheard at Work
« Reply #17868 on: June 15, 2017, 12:06:11 PM »

It's always fun when people take sarcasm seriously.

I think you forgot  the /s switch.

...

Just kidding, I hate that bullshit

dragoncar

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Re: Overheard at Work
« Reply #17869 on: June 15, 2017, 12:07:24 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I don't think people buy Teslas solely to impress other people, though.  They look pretty meh from the outside and cost way more than much cooler looking cars

Debts_of_Despair

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Re: Overheard at Work
« Reply #17870 on: June 15, 2017, 12:28:24 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

Linda_Norway

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Re: Overheard at Work
« Reply #17871 on: June 15, 2017, 12:48:11 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

I do agree on that Teslas are also smart cars in the sense of being electrical and having the longest distance support for electric cars.

RyanAtTanagra

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Re: Overheard at Work
« Reply #17872 on: June 15, 2017, 12:56:19 PM »
They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

I consider BMWs to be the biggest 'keeping up with the jones'' car there is.  They all look the same, the only difference is the 3-digit number on the back, which signifies how much you spent on the car.  Buy the BMW with the biggest number you can afford, to show how far you've made it.

MgoSam

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Re: Overheard at Work
« Reply #17873 on: June 15, 2017, 01:00:59 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

You know that's why I don't really care about the car I drive. I drive a Camry and love it because it gets me from A to B without much hassle, good mileage/safety, and it is reliable. I could easily go out and buy a luxury sedan but I don't because

a. Cost
b. Maintenance costs
c. I don't F@#$ing care about what brand something is. Now I might be more popular if I was driving a flashy car, but I hardly know anything about cars or engines. I would only be buying a premium brand off its reputation and name-recognition. I have greater uses for my money.

BDWW

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Re: Overheard at Work
« Reply #17874 on: June 15, 2017, 01:10:10 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

You know that's why I don't really care about the car I drive. I drive a Camry.

FTFY, the rest was redundant :)

lemanfan

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Re: Overheard at Work
« Reply #17875 on: June 15, 2017, 01:19:01 PM »
I consider BMWs to be the biggest 'keeping up with the jones'' car there is.  They all look the same, the only difference is the 3-digit number on the back, which signifies how much you spent on the car.  Buy the BMW with the biggest number you can afford, to show how far you've made it.

OK, I must admit that I've driven my share of Benzes (not Bimmers), but the first thing I always did was to remove the numbers on the trunk - partly for the clean look, and partly to not try to show off.

And yes, all of these Benzes have been old, cheap and fairly reliable.  :) 

cheapass

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Re: Overheard at Work
« Reply #17876 on: June 15, 2017, 03:10:40 PM »
Buy the BMW with the biggest number you can afford, to show how far you've made it.

Well you don't want your friends and neighbors to think you're poor, do you? Better make yourself poor to make sure they don't think you are!
Every single decision you make with money either shortens or lengthens your working career.

Chris22

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Re: Overheard at Work
« Reply #17877 on: June 15, 2017, 03:30:35 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

Tesla owners are showing off image at least as much as BMW owners just in different ways; Tesla owners are either virtue signaling (environment, etc) or are driving the most conspicuous trendy "startup gadget" there is. 

Don't get me wrong, they're cool cars and I'd love to have one, but you're silly if you think a Tesla Model S isn't the BMW 5-series status symbol of the modern day.  It completely is. 
"If I could get all the money back I ever spent on cars, I'd spend it on cars." - Nick Mason

ysette9

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Re: Overheard at Work
« Reply #17878 on: June 15, 2017, 03:38:55 PM »
I live in Tesla central (used to run past the headquarters in the morning when I worked in the other office, the factory is on the other side of the bridge from me). From what I can tell, Teslas are purchased by people who would otherwise be buying Lamborghinis, Porsche sedans, or Mazeratis. That is a different price point than a big BMW. Personally if that is what you are doing anyway, the Tesla makes a heck of a lot more sense. These are also the people in $5-15M homes, so people with different financial considerations than me, to say the least.
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Chris22

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Re: Overheard at Work
« Reply #17879 on: June 15, 2017, 03:41:41 PM »
I live in Tesla central (used to run past the headquarters in the morning when I worked in the other office, the factory is on the other side of the bridge from me). From what I can tell, Teslas are purchased by people who would otherwise be buying Lamborghinis, Porsche sedans, or Mazeratis. That is a different price point than a big BMW. Personally if that is what you are doing anyway, the Tesla makes a heck of a lot more sense. These are also the people in $5-15M homes, so people with different financial considerations than me, to say the least.

Here in Chicagoland Teslas are pretty thick on the ground, and these people can't all be multi-millionaires with the resources to buy $200k exotics.  I think there are a number of people who can afford more who buy a Tesla instead, but the core Tesla ownership around here is definitely people coming from $50-75k sedans, BMW 5-series and Mercedes E-class territory. 
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Debts_of_Despair

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Re: Overheard at Work
« Reply #17880 on: June 15, 2017, 08:19:11 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

You know that's why I don't really care about the car I drive. I drive a Camry and love it because it gets me from A to B without much hassle, good mileage/safety, and it is reliable. I could easily go out and buy a luxury sedan but I don't because

a. Cost
b. Maintenance costs
c. I don't F@#$ing care about what brand something is. Now I might be more popular if I was driving a flashy car, but I hardly know anything about cars or engines. I would only be buying a premium brand off its reputation and name-recognition. I have greater uses for my money.

Best part is a modern Camry is a superior car in many respects.

BTDretire

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Re: Overheard at Work
« Reply #17881 on: June 16, 2017, 06:05:54 AM »

Best part is a modern Camry is a superior car in many respects.
I agree, we had a Camry for many years, biggest problem I had were door handles breaking, inside and outside. I never bought a replacement though, the inside ones I drilled, installed a pin and epoxied, the outside I able to install two flathead screws to fix them. Oh and the motorized antenna, I just extended it and disconnected the motor.

aGracefulStomp

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Re: Overheard at Work
« Reply #17882 on: June 16, 2017, 06:47:48 AM »
A new graduate corporate lawyer: "I was aiming to save a bunch with my new income, but the work is so stressful that I'm going to go on a nice overseas holiday instead."

I wanted to respond with "well why not get a less stressful job which is probably lower paying but you'll end up in the exact same financial position and probably be a happier healthier person??"

bit my tongue though...



Linda_Norway

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Re: Overheard at Work
« Reply #17883 on: June 16, 2017, 06:54:32 AM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

I do agree on that Teslas are also smart cars in the sense of being electrical and having the longest distance support for electric cars.

I should add that here in Norway electrical cars are heavily sponsored by the government. You don't pay taxes like on other cars. Other cars are taxed for motor size and number of PKs. Therefore sports cars are generally very expensive in this country.
Teslas cost about 50% of what a comparably fast non-electric sports car would cost. Still, the fancy Teslas typically cost a year of my brutto salary. When you want to drive a sports car in Norway, a Tesla is quite a bargain.

cheapass

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Re: Overheard at Work
« Reply #17884 on: June 16, 2017, 09:57:21 AM »
A new graduate corporate lawyer: "I was aiming to save a bunch with my new income, but the work is so stressful that I'm going to go on a nice overseas holiday instead."

I wanted to respond with "well why not get a less stressful job which is probably lower paying but you'll end up in the exact same financial position and probably be a happier healthier person??"

bit my tongue though...

"work is so stressful so I'm going to spend all my money and chain myself to my desk instead of investing it and getting out earlier"
Every single decision you make with money either shortens or lengthens your working career.

cheapass

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Re: Overheard at Work
« Reply #17885 on: June 16, 2017, 09:59:34 AM »
I should add that here in Norway electrical cars are heavily sponsored by the government.

aka, your neighbors are all subsidizing your decision to own one. Not sure how I'd feel about that..
Every single decision you make with money either shortens or lengthens your working career.

remizidae

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Re: Overheard at Work
« Reply #17886 on: June 16, 2017, 10:05:55 AM »
Today I mentioned to my coworkers that I'm looking for a new apartment.

Coworker 1 says I should try a certain apartment complex, because it's "the cheapest [he] saw around here;" $1700 or $1800 for a one-bedroom. (Note: that's about $500 more than the cheapest I've seen.]

Another coworker advises me to move to his faraway suburb. There, according to him, I can have more square feet and pay $100 a month less! Sounds good...except I would have to trade my 20-minute walking commute for an hour (one way) of car commuting in "terrible" traffic.

Coworker 3, who chose to live in one of the most expensive neighborhoods in our area, complains that she's worried the landlord is going to double her rent. She already "can't put away anything because the rent is too high." No, she's not planning to move. It's okay, because she's young.

On another topic, coworker 4 mentions she can't afford to shop at Whole Foods all the time, but somebody she wants to. "Then I'll feel like a real grown-up!"

The outing ended with plans to go to a nearby bar. Coworker 5 says the beer is cheap, but it's "definitely not accessible" to transit, so "let's meet at Whole Foods and take an Uber."

I know this place. It's 1.2 miles from our workplace. 0.9 miles from a transit station, oh and the beer is $6.

I kept my mouth shut, feeling I should be grateful for any housing advice, even bad advice. But it seems like all of these people are just living in a different world than I am.

https://www.youtube.com/watch?v=hYAuR5bkIlQ

bombaystinson

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Re: Overheard at Work
« Reply #17887 on: June 16, 2017, 11:11:15 AM »
I legit create an account for the urge to share that one from work.

Tangerine (or ING direct if it's still their name in your area) have the promotion that you get 50$ and the person that you refer have 50$ too.

No need to transfer all your assets, no need to do anything else than opening an account. No fees to open one, no fees to maintain one.

Was talking to a coworker about that. Her answer? "Ah jeez, not another one... I don't want to be stuck with another account... 200$ okay it would worth it but not 50$"

...Student who struggles to pay her rent.


shelivesthedream

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Re: Overheard at Work
« Reply #17888 on: June 17, 2017, 08:05:57 AM »
coworker actually said this today "I'm 63 and starting to worry about retirement."  He makes around $130k/yr, it's not a stretch to believe that his inflation adjusted salary has been in that range for decades.

One of my key drivers to force me to look into financial independence/personal finance was a conversation I had with my mom. She was slightly younger than 63, but said the same thing about being worried about retirement. It amazes me...

One of the perhaps understressed boons of mustachian/frugality. I'm not all that close to FI, but by my math, I could stop contributing entirely and still retire comfortably at 65.
Maybe there should be a slogan: Just try it for a few years, and then you can give up go back to your spendypants ways, and you'll still retire well. (Assuming they can keep their hands out of the cookie jar.)

A great point, one I've been thinking about a lot regarding saving now and then maybe going part time in the future.

Some basic examples:

Save $100,000 by 30, stop saving altogether, by 65 it's worth $1,150,615.
Even save $100,000 by 40, stop saving, by 65 it's worth $572,541.

Both amounts would ease a lot of minds regarding retirement I'd bet!

Numbers like this were a huge sell on Mustachianism for me. Even if the SHTF, as long as I can keep my hands off it I've basically got standard retirement covered already. Nothing luxurious, but I could never save another penny between now (26) and 65 and live a perfectly fine life forever (assuming the state kicked in for any major health issues which, being in the UK, odds on it will). I figured I'd try Mustachianism for a few years on the basis that I could always spend money I had already saved but couldn't save money I had already spent.
Journal: http://forum.mrmoneymustache.com/journals/young-uk-little-money-lots-of-dreams/

Do I seem curt or like I've missed the point? Please forgive me - I've probably been typing attached to a baby.

mustachepungoeshere

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Re: Overheard at Work
« Reply #17889 on: June 18, 2017, 12:24:36 AM »
O look another person throwing out terms like "nanny state" instead of deciding to have a more meaningful discussion. This is just what I LOVE about the internet. /s

A (Facebook) friend of mine responds to all financial columns with, "Another old white guy telling me what to do with my money. *rolls eyes*"

Contributes absolutely nothing to the discussion, and she seems to just be looking for reasons to be offended.

(Because their advice is the problem, not the fact that she spends less than she earns.)

mustachepungoeshere

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Re: Overheard at Work
« Reply #17890 on: June 18, 2017, 12:39:03 AM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

I do agree on that Teslas are also smart cars in the sense of being electrical and having the longest distance support for electric cars.

That's what the BMW i8 is for.

We had one for a week (work perk) and it was the least practical car I've encountered. Could not wait to give the thing back. It was a $320,000 pain in the arse.

Feivel2000

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Re: Overheard at Work
« Reply #17891 on: June 18, 2017, 01:35:35 AM »


(Because their advice is the problem, not the fact that she spends less than she earns.)

If THAT'S the problem, I would probably be offended as well.





mustachepungoeshere

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Re: Overheard at Work
« Reply #17892 on: June 18, 2017, 02:25:16 AM »


(Because their advice is the problem, not the fact that she spends less than she earns.)

If THAT'S the problem, I would probably be offended as well.



Mea culpa!

Spends more than she earns.

paddedhat

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Re: Overheard at Work
« Reply #17893 on: June 18, 2017, 07:59:00 AM »
Buy the BMW with the biggest number you can afford, to show how far you've made it.

Well you don't want your friends and neighbors to think you're poor, do you? Better make yourself poor to make sure they don't think you are!

The DW and I FIREd on a sweet income stream, with a pile of Vanguard Cheddar that would cause most of our friends and relatives to shit a brick, if they knew the truth. We drive a base model CRV with painted steel rims, decorated with a green patina of pollen and a few bird shit accents. The interior features random bits of wood chips, a set of jumper cables and floor mats that frequently feature a light glaze of horse poop. I love it. It's the ultimate stealth. I look at the neighbors who can barely afford the five series bimmer and the $35K VW, and I just smile. I hope they look at us and wonder if we are just squeaking by in retirement, LOL.

BuffaloStache

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Re: Overheard at Work
« Reply #17894 on: June 18, 2017, 01:25:53 PM »
Not overheard but more of an observation: Our parking lot has a half dozen or so leased BMW 3-series.  All of them bought leased soley for impressing co-workers.  No *ucks given by me as I rolled in past them on my bike.

At my work there are a LOT of Tesla's in the parking lot most of these are owned by people with a pretty high income.

Even one of the guys who cycles almost every day owns a Tesla.

I would give a Tesla driver more credit than these people.  They bought these cars for one thing: the BMW badge.  Yes, I get that there are some BMW drivers who actually appreciate the car for what it is but these people are not them.  A 3-series with low end engine and auto tranny is strictly for posers trying to impress others.

Tesla owners are showing off image at least as much as BMW owners just in different ways; Tesla owners are either virtue signaling (environment, etc) or are driving the most conspicuous trendy "startup gadget" there is. 

Don't get me wrong, they're cool cars and I'd love to have one, but you're silly if you think a Tesla Model S isn't the BMW 5-series status symbol of the modern day.  It completely is.

This. A Tesla-badge exists just like a BMW-badge, even if they are a completely different color.
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tyort1

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Re: Overheard at Work
« Reply #17895 on: June 18, 2017, 03:33:29 PM »
I should add that here in Norway electrical cars are heavily sponsored by the government.

aka, your neighbors are all subsidizing your decision to own one. Not sure how I'd feel about that..

Probably the same way that you feel about all government subsidies, I would imagine.
Frugalite in training.

nouveauRiche

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Re: Overheard at Work
« Reply #17896 on: June 19, 2017, 10:01:01 AM »
I figured I'd try Mustachianism for a few years on the basis that I could always spend money I had already saved but couldn't save money I had already spent.

New MMM motto?

MgoSam

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Re: Overheard at Work
« Reply #17897 on: June 19, 2017, 10:38:43 AM »

Numbers like this were a huge sell on Mustachianism for me.....
 I figured I'd try Mustachianism for a few years on the basis that I could always spend money I had already saved but couldn't save money I had already spent.

Yup, same here! Over the weekend I had a ton of family in town and was talking to my cousin's wife. That cousin is more like a brother to me than my actual brother and we are quite close but man is he a spender. He's finishing up his residency so he'll have the income and he has said that he plans to live within it, but his wife was curious when I told her that I plan to retire in 10 years.

She was asking (out of curiosity, not to create doubt) about what I would do if I didn't have enough. "I would keep earning more until I did," and then I added, "the way I see it, if I'd rather have the money saved up than not."

At this cousin's bachelor party 2 years ago (we rented a cabin up north and just boozed for a weekend) he did ask how much I have saved up and when I told him he nearly spat out his coffee and had a huge smile on his face and told me, "I'm so proud of me!"

infogoon

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Re: Overheard at Work
« Reply #17898 on: June 19, 2017, 10:58:17 AM »
O look another person throwing out terms like "nanny state" instead of deciding to have a more meaningful discussion. This is just what I LOVE about the internet. /s

A (Facebook) friend of mine responds to all financial columns with, "Another old white guy telling me what to do with my money. *rolls eyes*"

I don't remember the exact context -- I think it was one of the "avocado toast" episodes -- but a younger friend of mine told me that he doesn't know anyone who trusts the financial sector any more. I told him that investing in index funds is basically just betting that the greedheads on Wall Street will find a way to keep making money, and doesn't that seem likely?

Dave1442397

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Re: Overheard at Work
« Reply #17899 on: June 19, 2017, 11:23:36 AM »
O look another person throwing out terms like "nanny state" instead of deciding to have a more meaningful discussion. This is just what I LOVE about the internet. /s

A (Facebook) friend of mine responds to all financial columns with, "Another old white guy telling me what to do with my money. *rolls eyes*"

I don't remember the exact context -- I think it was one of the "avocado toast" episodes -- but a younger friend of mine told me that he doesn't know anyone who trusts the financial sector any more. I told him that investing in index funds is basically just betting that the greedheads on Wall Street will find a way to keep making money, and doesn't that seem likely?

Exactly, and when (if) Wall Street crashes, it's going to affect you whether you had stocks or not. Even if you kept your money in a mattress, you could end up in a situation like Germany in 1923, when the value of a one-mark gold piece was equivalent to a trillion paper marks.