Author Topic: Overheard at Work  (Read 5303827 times)

eyePod

  • Pencil Stache
  • ****
  • Posts: 964
    • Flipping A Dollar
Re: Overheard at Work
« Reply #3900 on: August 25, 2014, 11:08:13 AM »
I was at the beach free swim lessons for the kids. SAHM so it is at work.  Ha.   I was talking with another parent about what we were doing next week.

Other parent "we're going to disney land"
Me "have fun.  We've never been. I've still got my kids convince Great Wolf Lodge,local indoor water park, is better than Disney land."
Other parent"ohh we go there every other month.  I let my kids bring friends, and sometimes my adult children come too"
Me "wow isn't that expensive."
Other parent "yeah but it's fun.  Besides we always get the meal plan and that helps"

We went back to talking about swimming.

Well, if you stay at the all star resorts, the meal plan is better. More food than you could eat in a day (and that's the basic one). But there's no way that the entire trip isn't a luxury. And once a month?!?! I hope you guys live in florida, but from your great wolf lodge note, I don't think you do...
I blog on items flipped for a profit on eBay:
Flipping A Dollar

I made 6.5k in profits in 2015!

CaliToCayman

  • 5 O'Clock Shadow
  • *
  • Posts: 37
Re: Overheard at Work
« Reply #3901 on: August 25, 2014, 12:04:49 PM »
I managed to just shrug it off at the time, but later as I thought about it, I don't know what that even means.  Does the baby need a data plan?

I think babies now come pre-loaded with twitter and snapchat... so the short answer is yes, they do need a plan.

Jack

  • Magnum Stache
  • ******
  • Posts: 4745
  • Location: Atlanta, GA
Re: Overheard at Work
« Reply #3902 on: August 25, 2014, 12:35:07 PM »
I was at the beach free swim lessons for the kids. SAHM so it is at work.  Ha.   I was talking with another parent about what we were doing next week.

Other parent "we're going to disney land"
Me "have fun.  We've never been. I've still got my kids convince Great Wolf Lodge,local indoor water park, is better than Disney land."
Other parent"ohh we go there every other month.  I let my kids bring friends, and sometimes my adult children come too"
Me "wow isn't that expensive."
Other parent "yeah but it's fun.  Besides we always get the meal plan and that helps"

We went back to talking about swimming.

Well, if you stay at the all star resorts, the meal plan is better. More food than you could eat in a day (and that's the basic one). But there's no way that the entire trip isn't a luxury. And once a month?!?! I hope you guys live in florida, but from your great wolf lodge note, I don't think you do...

Disney Land is not the same thing as Disney World. The former is a single park that's much more of a 'day trip' (kind of like Six Flags), I believe. Still anti-mustachian, but not quite as much as going to Disney World every month would be!!!

Timmmy

  • Bristles
  • ***
  • Posts: 447
  • Age: 33
  • Location: Madison Heights, Michigan
Re: Overheard at Work
« Reply #3903 on: August 25, 2014, 12:37:42 PM »
I was at the beach free swim lessons for the kids. SAHM so it is at work.  Ha.   I was talking with another parent about what we were doing next week.

Other parent "we're going to disney land"
Me "have fun.  We've never been. I've still got my kids convince Great Wolf Lodge,local indoor water park, is better than Disney land."
Other parent"ohh we go there every other month.  I let my kids bring friends, and sometimes my adult children come too"
Me "wow isn't that expensive."
Other parent "yeah but it's fun.  Besides we always get the meal plan and that helps"

We went back to talking about swimming.

Well, if you stay at the all star resorts, the meal plan is better. More food than you could eat in a day (and that's the basic one). But there's no way that the entire trip isn't a luxury. And once a month?!?! I hope you guys live in florida, but from your great wolf lodge note, I don't think you do...

Pretty sure they were talking about monthly trips to great wolf lodge, not Disney.

Gin1984

  • Magnum Stache
  • ******
  • Posts: 4295
Re: Overheard at Work
« Reply #3904 on: August 25, 2014, 12:49:27 PM »
I was at the beach free swim lessons for the kids. SAHM so it is at work.  Ha.   I was talking with another parent about what we were doing next week.

Other parent "we're going to disney land"
Me "have fun.  We've never been. I've still got my kids convince Great Wolf Lodge,local indoor water park, is better than Disney land."
Other parent"ohh we go there every other month.  I let my kids bring friends, and sometimes my adult children come too"
Me "wow isn't that expensive."
Other parent "yeah but it's fun.  Besides we always get the meal plan and that helps"

We went back to talking about swimming.

Well, if you stay at the all star resorts, the meal plan is better. More food than you could eat in a day (and that's the basic one). But there's no way that the entire trip isn't a luxury. And once a month?!?! I hope you guys live in florida, but from your great wolf lodge note, I don't think you do...

Disney Land is not the same thing as Disney World. The former is a single park that's much more of a 'day trip' (kind of like Six Flags), I believe. Still anti-mustachian, but not quite as much as going to Disney World every month would be!!!
Not anymore.   More clumped up than disneyworld but it is no long just "one park".

Goldie

  • 5 O'Clock Shadow
  • *
  • Posts: 21
Re: Overheard at Work
« Reply #3905 on: August 25, 2014, 03:11:25 PM »
I'm new to these parts but wanted to post something I heard at work two years ago that has stuck with me. Two women, both with multiple kids. One recently got remarried and was looking to buy a house. The other is a twice-divorced single mom. The newly remarried mom was complaining that "these banks just expect you to have money lying around for a down payment!"  They spoke some more and I tuned out, then heard the single mom say "No one in this day and age should hold it against someone for having credit card debt; we all do!"

It's been two years and they're both still in apartments. And the recently remarried one has gotten divorced.  I can't feel bad for them because they go to out happy hour weekly and give me the side-eye for not getting manicures like them.  I never told them that I worked and saved every nickel and that's how I put 20% down on a beautiful house and they're clueless. They just care that they're driving nicer cars and have prettier fingernails than me!

GuitarStv

  • Walrus Stache
  • *******
  • Posts: 8268
  • Age: 36
  • Location: Toronto, Ontario, Canada
Re: Overheard at Work
« Reply #3906 on: August 25, 2014, 04:12:55 PM »
Overheard my cube neighbor on the phone, sounding excited as he talked about buying a larger house, "And then you get to buy things to fill it!"
Ugh -know that one.  The house we just bought is by all accounts, not very big - only 1400 feet.  Still way too big for us though - we've got two entire rooms we're trying to figure out what to do with.  Of course our attitude is more "crap.  we might have to buy some stuff to fill it".

This kind of hits home.  Me and my SO were looking to purchase a house this spring.  We were looking for about 8-900 sq ft - we have two kids and thought this would be a great size.  I grew up in a 826 and my wife in a 679 sq ft for famillys of five.  Anyways, when I talked to anyone about this, the question was allways, why so small.  You should save buy bigger.  Or you only need 5% down, so why no spluge and get a bigger house when they found out we hade most of 20% saved...

I was thinking, because we do not need extra crap, and I dont want to be house broke.

I see all the time about living in a smaller house on here. i live in a 900sq ft house now with only one bathroom. for me i think the ideal size is around 1400-1500 and two bathrooms. it is me, my wife, my son, two large dogs, and another child on the way. i would like a little more space, but not looking for anything huge. maybe even 1200 sq ft, just set up better, i think an open floor plan is where we need to be. we only put 5% down (this way before finding this site), however, we made sure to purchase a home that we could afford on one income. and still can.
I got 1150 square feet with 2.5 baths and its pretty sweet bc everybody can poop at the same time which happens well IT HAPPENS SOMETIMES OK. NONE OF YOUR BUSINESS

. . . taco Tuesdays?

jordanread

  • Walrus Stache
  • *******
  • Posts: 5635
  • Age: 32
  • Location: Colorado Springs
  • Live Long, Live Free, Drop Dead
    • Frugal FIRE Show
Re: Overheard at Work
« Reply #3907 on: August 25, 2014, 05:09:43 PM »
Overheard my cube neighbor on the phone, sounding excited as he talked about buying a larger house, "And then you get to buy things to fill it!"
Ugh -know that one.  The house we just bought is by all accounts, not very big - only 1400 feet.  Still way too big for us though - we've got two entire rooms we're trying to figure out what to do with.  Of course our attitude is more "crap.  we might have to buy some stuff to fill it".

This kind of hits home.  Me and my SO were looking to purchase a house this spring.  We were looking for about 8-900 sq ft - we have two kids and thought this would be a great size.  I grew up in a 826 and my wife in a 679 sq ft for famillys of five.  Anyways, when I talked to anyone about this, the question was allways, why so small.  You should save buy bigger.  Or you only need 5% down, so why no spluge and get a bigger house when they found out we hade most of 20% saved...

I was thinking, because we do not need extra crap, and I dont want to be house broke.

I see all the time about living in a smaller house on here. i live in a 900sq ft house now with only one bathroom. for me i think the ideal size is around 1400-1500 and two bathrooms. it is me, my wife, my son, two large dogs, and another child on the way. i would like a little more space, but not looking for anything huge. maybe even 1200 sq ft, just set up better, i think an open floor plan is where we need to be. we only put 5% down (this way before finding this site), however, we made sure to purchase a home that we could afford on one income. and still can.
I got 1150 square feet with 2.5 baths and its pretty sweet bc everybody can poop at the same time which happens well IT HAPPENS SOMETIMES OK. NONE OF YOUR BUSINESS

. . . taco Tuesdays?
Mundane Mondays? I've had to pee outside twice this week.
Join the cycling challenge!
Get in shape in 2017!
Frugal FIRE - Episode 2

"Mustachians rarely sit back and let things happen to them. Mustachians go out and happen to things."

Camp Mustache Canada - Sold Out Already!!

NoraLenderbee

  • Pencil Stache
  • ****
  • Posts: 990
Re: Overheard at Work
« Reply #3908 on: August 25, 2014, 05:37:27 PM »
The newly remarried mom was complaining that "these banks just expect you to have money lying around for a down payment!"  They spoke some more and I tuned out, then heard the single mom say "No one in this day and age should hold it against someone for having credit card debt; we all do!"

I love it when someone talks about "who has money lying around." As if people with savings just have piles of cash on the floor, where we stumble over them and exclaim, "Oh! I could make a down payment with this!" It makes me want to drape some dollar bills on the couch, on the bed, in the recliner, on a cushion, etc., so I can have money actually lying around (instead of working its butt off earning interest and dividends).

Quote
It's been two years and they're both still in apartments. And the recently remarried one has gotten divorced.  I can't feel bad for them because they go to out happy hour weekly and give me the side-eye for not getting manicures like them.  I never told them that I worked and saved every nickel and that's how I put 20% down on a beautiful house and they're clueless. They just care that they're driving nicer cars and have prettier fingernails than me!

Good for you!

4alpacas

  • Handlebar Stache
  • *****
  • Posts: 1647
Re: Overheard at Work
« Reply #3909 on: August 25, 2014, 05:41:26 PM »
The newly remarried mom was complaining that "these banks just expect you to have money lying around for a down payment!"  They spoke some more and I tuned out, then heard the single mom say "No one in this day and age should hold it against someone for having credit card debt; we all do!"

I love it when someone talks about "who has money lying around." As if people with savings just have piles of cash on the floor, where we stumble over them and exclaim, "Oh! I could make a down payment with this!" It makes me want to drape some dollar bills on the couch, on the bed, in the recliner, on a cushion, etc., so I can have money actually lying around (instead of working its butt off earning interest and dividends).


I've never mentally pictured "money lying around."  Now I will think of

Alabaster

  • 5 O'Clock Shadow
  • *
  • Posts: 85
Re: Overheard at Work
« Reply #3910 on: August 25, 2014, 06:52:42 PM »
The newly remarried mom was complaining that "these banks just expect you to have money lying around for a down payment!"  They spoke some more and I tuned out, then heard the single mom say "No one in this day and age should hold it against someone for having credit card debt; we all do!"

I love it when someone talks about "who has money lying around." As if people with savings just have piles of cash on the floor, where we stumble over them and exclaim, "Oh! I could make a down payment with this!" It makes me want to drape some dollar bills on the couch, on the bed, in the recliner, on a cushion, etc., so I can have money actually lying around (instead of working its butt off earning interest and dividends).


That is hilarious. I actually /do/ have small amounts of cash stashed around my house in places where I'll forget about it. I'll come across it randomly and be like "oh yeah, I left some money here encase I need it. Well, I don't need it now, I guess I'll just leave it there". Its a pretty awesome feeling tbh.

killingxspree

  • 5 O'Clock Shadow
  • *
  • Posts: 93
Re: Overheard at Work
« Reply #3911 on: August 25, 2014, 11:20:17 PM »
coworker recently mentioned she bought a treadmill. I have one and asked her about its features... and she described it being super fancy and expensive... then she dropped this bomb on me.'I was worried about how we were going to afford it so I asked hubby if we could afford and he said its fine we'll get the payment plan.'  and then she gushed about how awesome her partner was for letting her get it... so the payment plan is 12$ a week. I asked for how long and she said she didn't know. what I found most disturbing is she didn't have the money for a treadmill lying around and she is always complaining about their lack of money. I wonder where it's all going?
edit -didn't see the discussion around lying around. lol I meant in her bank account. You know as some form of savings.
« Last Edit: August 25, 2014, 11:25:50 PM by killingxspree »

87tweetybirds

  • 5 O'Clock Shadow
  • *
  • Posts: 47
Re: Overheard at Work
« Reply #3912 on: August 25, 2014, 11:36:51 PM »
A good(positive) overheard at work. I work in a patient care setting, and before a meeting one day we were discussing that much of our news is heard while popping in and out of rooms. My CW said "I was able to make some good money in the stock market from something overheard. They were talking about stock prices falling and that the government wouldn't let the banks fail, so I bought some stock for about $5/share, and when I sold it I sold it for about $25/share." I thought yay! How fantastic that you saw it as an opportunity.

Nudelkopf

  • Pencil Stache
  • ****
  • Posts: 839
  • Age: 25
  • Location: Australia
Re: Overheard at Work
« Reply #3913 on: August 26, 2014, 12:57:31 AM »
That is hilarious. I actually /do/ have small amounts of cash stashed around my house in places where I'll forget about it. I'll come across it randomly and be like "oh yeah, I left some money here encase I need it. Well, I don't need it now, I guess I'll just leave it there". Its a pretty awesome feeling tbh.
When I was a kid, I picked up a book out of Mum's bookshelf & found she'd been using a $100 note a bookmark. Whoops! Apparently she'd taken cash out for Christmas a few years earlier, and had been bummed when she hadn't found it - she thought she'd lost it somehow. (We weren't a rich family that casually uses money as bookmarks.)

agent_clone

  • Bristles
  • ***
  • Posts: 252
  • Location: Australia
Re: Overheard at Work
« Reply #3914 on: August 26, 2014, 02:11:08 AM »
That is hilarious. I actually /do/ have small amounts of cash stashed around my house in places where I'll forget about it. I'll come across it randomly and be like "oh yeah, I left some money here encase I need it. Well, I don't need it now, I guess I'll just leave it there". Its a pretty awesome feeling tbh.
When I was a kid, I picked up a book out of Mum's bookshelf & found she'd been using a $100 note a bookmark. Whoops! Apparently she'd taken cash out for Christmas a few years earlier, and had been bummed when she hadn't found it - she thought she'd lost it somehow. (We weren't a rich family that casually uses money as bookmarks.)
Apparently there are more $100 notes in circulation in Australia than there are $20 notes, a lot more.  Despite the fact that most people either haven't seen one or wouldn't recognise one...

larmando

  • Stubble
  • **
  • Posts: 187
  • Location: Germany
Re: Overheard at Work
« Reply #3915 on: August 26, 2014, 06:47:10 AM »
Eh, that's a good one. :) I also got a free credit card (they're a bit harder to find in europe), which I pay in full of course

Hope you picked one that is offering some benefits, eg. the Payback Amex, Deutsche Bahn Mastercard or Cortal Consors Visa.

At the moment I have a lufthansa one (free bc I fly a lot for work) and a barclaycard, also free, with almost a month between the bill and the payment, and with the "free cash withdrawal" perk, which I never saw before in a cc.

I can do without, of course, but it's also nice that I don't need to think how much cash I'll need in a month, I can just save everything upfront when I receive my salary (minus what I have in outstanding bills, which will get debited later during the month, and minus a small buffer), and then any cash I withdraw I just have to account for in the next salary cycle. I'll have a look at the ones you suggest, wife has an amazon one which also has cashback via amazon.

Moonwaves

  • Pencil Stache
  • ****
  • Posts: 653
  • Location: Germany
    • My blog
Re: Overheard at Work
« Reply #3916 on: August 26, 2014, 07:23:43 AM »
Eh, that's a good one. :) I also got a free credit card (they're a bit harder to find in europe), which I pay in full of course

Hope you picked one that is offering some benefits, eg. the Payback Amex, Deutsche Bahn Mastercard or Cortal Consors Visa.

At the moment I have a lufthansa one (free bc I fly a lot for work) and a barclaycard, also free, with almost a month between the bill and the payment, and with the "free cash withdrawal" perk, which I never saw before in a cc.

I can do without, of course, but it's also nice that I don't need to think how much cash I'll need in a month, I can just save everything upfront when I receive my salary (minus what I have in outstanding bills, which will get debited later during the month, and minus a small buffer), and then any cash I withdraw I just have to account for in the next salary cycle. I'll have a look at the ones you suggest, wife has an amazon one which also has cashback via amazon.
I have a BahnCard Mastercard - if you have a BahnCard and use the train at all it's well worth it. I had a mega year a couple of years ago when I signed up - between the bonus sign-up points and booking flights to Australia on it I had enough points to get a return 1st class ticket to Bad Reichenhall as well as a return 2nd class to my Geneva (can get the bus from there to my sister in France). Also, you can maintain a positive balance on the card if you like and it earns interest - it's not much, something like ECB less 0.5% but that's still more than my current account offers.

Astromarine

  • 5 O'Clock Shadow
  • *
  • Posts: 55
Re: Overheard at Work
« Reply #3917 on: August 26, 2014, 07:28:11 AM »
my manager, after hearing me and a colleague talk how we have the minimum mandatory health insurance plan with the highest deductible, and just make sure we have some money set aside for medical stuff specifically. CW said he keeps about 3000, to which my manager replied:

"that'd never work with me, which is why I have better insurance. If I had 3k for medical emergencies in the bank, very quickly I'd have a new camera instead."

MillenialMustache

  • Bristles
  • ***
  • Posts: 265
Re: Overheard at Work
« Reply #3918 on: August 26, 2014, 07:56:22 AM »
A few weeks after a coworker was hired, she explained to me that she had to have enough life insurance to cover her student loans, because her husband (a pharmacist) was not willing to pay them when she died. Her loans are $70,000. Ok....

Today, she told me that they have $30,000 saved for their five-year-old daughter to go to college.

What kind of logic is that?!?

MillenialMustache

  • Bristles
  • ***
  • Posts: 265
Re: Overheard at Work
« Reply #3919 on: August 26, 2014, 08:11:46 AM »
A few weeks after a coworker was hired, she explained to me that she had to have enough life insurance to cover her student loans, because her husband (a pharmacist) was not willing to pay them when she died. Her loans are $70,000. Ok....

Today, she told me that they have $30,000 saved for their five-year-old daughter to go to college.

What kind of logic is that?!?
To be fair, term life can be really cheap. $13 to ensure my wife for our current debts, once the term is up (or once we're out of debt) we'll stop paying it.

BUT, most student loans are discharged on death, and can't be transfered to a spouse. So there's that.
And it looks like I missed your point, lol. They should pay off the student loans now, duh!

Haha, right. I guess I wasn't clear on that. I wasn't too concerned about the life insurance, but when I found out they could pay off half of it but were instead saving it for their five-year-old daughter, that seemed a bit odd to me. Why not just pay her debts?

eyePod

  • Pencil Stache
  • ****
  • Posts: 964
    • Flipping A Dollar
Re: Overheard at Work
« Reply #3920 on: August 26, 2014, 09:28:09 AM »
A few weeks after a coworker was hired, she explained to me that she had to have enough life insurance to cover her student loans, because her husband (a pharmacist) was not willing to pay them when she died. Her loans are $70,000. Ok....

Today, she told me that they have $30,000 saved for their five-year-old daughter to go to college.

What kind of logic is that?!?
To be fair, term life can be really cheap. $13 to ensure my wife for our current debts, once the term is up (or once we're out of debt) we'll stop paying it.

BUT, most student loans are discharged on death, and can't be transfered to a spouse. So there's that.
And it looks like I missed your point, lol. They should pay off the student loans now, duh!

Haha, right. I guess I wasn't clear on that. I wasn't too concerned about the life insurance, but when I found out they could pay off half of it but were instead saving it for their five-year-old daughter, that seemed a bit odd to me. Why not just pay her debts?

But how will their kid get anywhere in life so they can make a lot of money and end up taking care of the parents because the kid feels guilty that their parents stayed in debt to get the kid through college?
I blog on items flipped for a profit on eBay:
Flipping A Dollar

I made 6.5k in profits in 2015!

larmando

  • Stubble
  • **
  • Posts: 187
  • Location: Germany
Re: Overheard at Work
« Reply #3921 on: August 26, 2014, 09:44:16 AM »
Eh, that's a good one. :) I also got a free credit card (they're a bit harder to find in europe), which I pay in full of course

Hope you picked one that is offering some benefits, eg. the Payback Amex, Deutsche Bahn Mastercard or Cortal Consors Visa.

At the moment I have a lufthansa one (free bc I fly a lot for work) and a barclaycard, also free, with almost a month between the bill and the payment, and with the "free cash withdrawal" perk, which I never saw before in a cc.

I can do without, of course, but it's also nice that I don't need to think how much cash I'll need in a month, I can just save everything upfront when I receive my salary (minus what I have in outstanding bills, which will get debited later during the month, and minus a small buffer), and then any cash I withdraw I just have to account for in the next salary cycle. I'll have a look at the ones you suggest, wife has an amazon one which also has cashback via amazon.
I have a BahnCard Mastercard - if you have a BahnCard and use the train at all it's well worth it. I had a mega year a couple of years ago when I signed up - between the bonus sign-up points and booking flights to Australia on it I had enough points to get a return 1st class ticket to Bad Reichenhall as well as a return 2nd class to my Geneva (can get the bus from there to my sister in France). Also, you can maintain a positive balance on the card if you like and it earns interest - it's not much, something like ECB less 0.5% but that's still more than my current account offers.

Don't use the train much (a bit, but not much, I end up flying a lot, and have a partner bahncard 25 when we do use the train, which usually pays itself in one/two trips). Also I pay up the cards but normally don't maintain a positive balance on them (given the interest...): qq, isn't ECB-0.5 negative these days? (IIRC ECB is at 0.25 and -0.15...)

Edited to add: I was too optimistic, it's -0.10 (for deposits) and 0.15 (for lending). Either way -0.5 will bring it to way negative, no?
« Last Edit: August 26, 2014, 09:48:48 AM by larmando »

golden1

  • Handlebar Stache
  • *****
  • Posts: 1356
  • Location: MA
Re: Overheard at Work
« Reply #3922 on: August 26, 2014, 09:58:03 AM »
So we had a 401K meeting at work this morning.  They were making a few changes to the available funds, including adding plans with lower expense ratios, including some Vanguard funds (yay!).  This one guy raises his hand and asked if that meant that they were trying to get us to buy bad funds because "obviously, the funds with low fees aren't as good as the ones with higher fees".  He said that even though the prospectus sitting right in front of him showed that all the funds and their expense ratios clearly showed that the expense ratios of the funds available for selection were not at all correlated to performance. 

Ugh.

eyePod

  • Pencil Stache
  • ****
  • Posts: 964
    • Flipping A Dollar
Re: Overheard at Work
« Reply #3923 on: August 26, 2014, 10:25:35 AM »
So we had a 401K meeting at work this morning.  They were making a few changes to the available funds, including adding plans with lower expense ratios, including some Vanguard funds (yay!).  This one guy raises his hand and asked if that meant that they were trying to get us to buy bad funds because "obviously, the funds with low fees aren't as good as the ones with higher fees".  He said that even though the prospectus sitting right in front of him showed that all the funds and their expense ratios clearly showed that the expense ratios of the funds available for selection were not at all correlated to performance. 

Ugh.

And that guy is why index funds work!
I blog on items flipped for a profit on eBay:
Flipping A Dollar

I made 6.5k in profits in 2015!

freznow

  • Bristles
  • ***
  • Posts: 356
  • Age: 24
Re: Overheard at Work
« Reply #3924 on: August 26, 2014, 11:03:14 AM »
A couple of weeks ago, I was travelling to a meeting in a coworker's car.  We talk about biking because I bike to work every day from half an hour away.

He says:  "Yeah, I used to bike to work some.  I live just by X stop on the train (very close to work), so it's almost faster to bike than drive.  But ever since my girlfriend moved in, I keep the bike in the basement and it's too much work to get it out."

He lives a mile and a half from work.  It'd be a casual 30 minute walk, or 10 minutes by bike or transit.  About 10 minutes drive in traffic, and then he has to pay for the godawful city parking at $12-14 a day?

Seriously, I'd do anything but drive.

Jack

  • Magnum Stache
  • ******
  • Posts: 4745
  • Location: Atlanta, GA
Re: Overheard at Work
« Reply #3925 on: August 26, 2014, 11:16:46 AM »
He lives a mile and a half from work.  It'd be a casual 30 minute walk, or 10 minutes by bike or transit.  About 10 minutes drive in traffic, and then he has to pay for the godawful city parking at $12-14 a day?

You should point out to him that if he rode a bike he'd be "making" (i.e., saving) $30+/hour.

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 2690
  • Age: 34
  • Location: Madison Heights, Michigan
Re: Overheard at Work
« Reply #3926 on: August 26, 2014, 12:37:47 PM »
My boss just bought a 2014 GMC yukon to transport his 1 kid (and apparently friends and team mates) around town.  He already owns an impala and 2 trail blazers for just him and his wife. 

I know he has money, but I still can't understand the wastefulness.  4 cars for 2 people? 

I have talked to him about FIRE but he doesn't seem to care.  I talked the math with him, but I think he is already FI, and also he hates his wife and home life, so owning a company gives him an excuse to get out of the house 5 days a week and he can sit around and get drunk every day without his wife.  And he has enough money to commute 45 minutes each way, and own 4 cars, and a boat, and jet skis, and several rental houses, and a thriving business, and spend money like it's going out of style.   He was frugal when he didn't have much money, so I think he is inflating his life style now to keep up with the money, and the money keeps increasing because there is a shortage of people who do what he does so he can charge a decent amount of money, and combined with the fact that he actually likes to get away from his house and family, he has no reason to sell the business.  So he just spends money like crazy.  I need to start buttering him up for my annual raise.

firelight

  • Pencil Stache
  • ****
  • Posts: 880
Re: Overheard at Work
« Reply #3927 on: August 26, 2014, 02:02:48 PM »
Frugalnacho, what does your boss do?

sheepstache

  • Handlebar Stache
  • *****
  • Posts: 2428
Re: Overheard at Work
« Reply #3928 on: August 26, 2014, 03:15:07 PM »
also he hates his wife and home life,

That's what I thought might be going on with that lady from France upthread who was going to go 2 years without seeing her daughter so she could buy shoes or something.  Some people just like an excuse not to spend time with family.

gimp

  • Handlebar Stache
  • *****
  • Posts: 2354
Re: Overheard at Work
« Reply #3929 on: August 26, 2014, 04:54:28 PM »
That is hilarious. I actually /do/ have small amounts of cash stashed around my house in places where I'll forget about it. I'll come across it randomly and be like "oh yeah, I left some money here encase I need it. Well, I don't need it now, I guess I'll just leave it there". Its a pretty awesome feeling tbh.

I do this with my car. Emergency stash of bills and coins. It's a great idea.

Moonwaves

  • Pencil Stache
  • ****
  • Posts: 653
  • Location: Germany
    • My blog
Re: Overheard at Work
« Reply #3930 on: August 26, 2014, 05:11:27 PM »
Don't use the train much (a bit, but not much, I end up flying a lot, and have a partner bahncard 25 when we do use the train, which usually pays itself in one/two trips). Also I pay up the cards but normally don't maintain a positive balance on them (given the interest...): qq, isn't ECB-0.5 negative these days? (IIRC ECB is at 0.25 and -0.15...)

Edited to add: I was too optimistic, it's -0.10 (for deposits) and 0.15 (for lending). Either way -0.5 will bring it to way negative, no?
As I was writing that I was thinking the same thing. I don't manage to maintain much of a positive balance for long enough to really notice yet but now I'm curious about it. Think I'll phone them to see what they say. Oh, and I just checked a statement and it's ECB -0.3% for balances up to 5,000, ECB over 5,000 and ECB +0.3% for over 20,000 (ha! If I had 20,000, I'd definitely be doing something better with it than leaving it on a credit card!)

fartface

  • Bristles
  • ***
  • Posts: 402
  • Age: 43
  • Location: Wisconsin
    • money apple
Re: Overheard at Work
« Reply #3931 on: August 26, 2014, 06:13:54 PM »
At a meeting yesterday with seven middle-aged women (myself included) and one young dude. One of these BIOTCHES starts blasting him about an old scooter his grandpa gave him. He's been driving it to work with a milk crate attached to the back. I'm thinking this guy is alright (he also bikes everywhere).

Another snide Biotch says, "Scooters are for teenagers and old people." Table erupts with laughter.

Guy shrugs sheepishly - playing the good sport.  These women are just laying into the poor dude razzing him terribly.

Finally, I couldn't take it anymore and say, "Well, I guess he's got the last laugh considering he's got no car payment and probably saves $300 a month on gasoline."

That shut the table up pretty quickly. BIOTCHES.

P.S. Last spring we changed 403b providers at work and there were initially problems with the new company posting contributions in a timely manner.  Same group of us were around the table when I asked in general if anyone else was having the problem I was having w/contributions posting to their accounts. Everybody looked at me blankly because NONE OF THEM contribute to the 403b and therefore had no idea what I was talking about EXCEPT Scooter Dude. He also contributes and knew about the technical glitch. Ha!

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 2690
  • Age: 34
  • Location: Madison Heights, Michigan
Re: Overheard at Work
« Reply #3932 on: August 26, 2014, 07:35:38 PM »
Frugalnacho, what does your boss do?

Environmental consulting.  Mostly air.  The regulations have out paced qualified individuals, so there is more work to be done than qualified people to do it. 

okashira

  • Bristles
  • ***
  • Posts: 416
Re: Overheard at Work
« Reply #3933 on: August 26, 2014, 09:02:30 PM »
At a meeting yesterday with seven middle-aged women (myself included) and one young dude. One of these BIOTCHES starts blasting him about an old scooter his grandpa gave him. He's been driving it to work with a milk crate attached to the back. I'm thinking this guy is alright (he also bikes everywhere).

Another snide Biotch says, "Scooters are for teenagers and old people." Table erupts with laughter.

Guy shrugs sheepishly - playing the good sport.  These women are just laying into the poor dude razzing him terribly.

Finally, I couldn't take it anymore and say, "Well, I guess he's got the last laugh considering he's got no car payment and probably saves $300 a month on gasoline."

That shut the table up pretty quickly. BIOTCHES.

P.S. Last spring we changed 403b providers at work and there were initially problems with the new company posting contributions in a timely manner.  Same group of us were around the table when I asked in general if anyone else was having the problem I was having w/contributions posting to their accounts. Everybody looked at me blankly because NONE OF THEM contribute to the 403b and therefore had no idea what I was talking about EXCEPT Scooter Dude. He also contributes and knew about the technical glitch. Ha!

That's some serious ownage right there. LOL
This forum has become way too soft with the surge in popularity. I try to keep it real and hold no facepunches.

Daisy

  • Handlebar Stache
  • *****
  • Posts: 1320
Re: Overheard at Work
« Reply #3934 on: August 26, 2014, 09:50:05 PM »
my manager, after hearing me and a colleague talk how we have the minimum mandatory health insurance plan with the highest deductible, and just make sure we have some money set aside for medical stuff specifically. CW said he keeps about 3000, to which my manager replied:

"that'd never work with me, which is why I have better insurance. If I had 3k for medical emergencies in the bank, very quickly I'd have a new camera instead."

I wonder how much more a year his good insurance cost him. Was it anything close to 3k?

zolotiyeruki

  • Handlebar Stache
  • *****
  • Posts: 2037
  • Location: State: Denial
Re: Overheard at Work
« Reply #3935 on: August 27, 2014, 09:06:00 AM »
At a meeting yesterday with seven middle-aged women (myself included) and one young dude. One of these BIOTCHES starts blasting him about an old scooter his grandpa gave him. He's been driving it to work with a milk crate attached to the back. I'm thinking this guy is alright (he also bikes everywhere).

Another snide Biotch says, "Scooters are for teenagers and old people." Table erupts with laughter.

Guy shrugs sheepishly - playing the good sport.  These women are just laying into the poor dude razzing him terribly.

Finally, I couldn't take it anymore and say, "Well, I guess he's got the last laugh considering he's got no car payment and probably saves $300 a month on gasoline."

That shut the table up pretty quickly. BIOTCHES.
Great story!  You should cross-post this in the "anti-anti-mustachian heard at work" thread :)

MandalayVA

  • Handlebar Stache
  • *****
  • Posts: 1509
  • Location: Orlando FL
Re: Overheard at Work
« Reply #3936 on: August 27, 2014, 10:37:06 AM »
P.S. Last spring we changed 403b providers at work and there were initially problems with the new company posting contributions in a timely manner.  Same group of us were around the table when I asked in general if anyone else was having the problem I was having w/contributions posting to their accounts. Everybody looked at me blankly because NONE OF THEM contribute to the 403b and therefore had no idea what I was talking about EXCEPT Scooter Dude. He also contributes and knew about the technical glitch. Ha!

Huzzah for Scooter Dude!
Follow my road to semi-FIRE here:  The Road To Mandalay

Post-corporate life blog: Mandalay At Play

HairyUpperLip

  • Pencil Stache
  • ****
  • Posts: 888
Re: Overheard at Work
« Reply #3937 on: August 27, 2014, 12:51:22 PM »
Someone should invite scooter dude to MMM. :-p

Dezrah

  • Bristles
  • ***
  • Posts: 420
Re: Overheard at Work
« Reply #3938 on: August 27, 2014, 12:55:51 PM »
At a meeting yesterday with seven middle-aged women (myself included) and one young dude. One of these BIOTCHES starts blasting him about an old scooter his grandpa gave him. He's been driving it to work with a milk crate attached to the back. I'm thinking this guy is alright (he also bikes everywhere).

Another snide Biotch says, "Scooters are for teenagers and old people." Table erupts with laughter.

Guy shrugs sheepishly - playing the good sport.  These women are just laying into the poor dude razzing him terribly.

Finally, I couldn't take it anymore and say, "Well, I guess he's got the last laugh considering he's got no car payment and probably saves $300 a month on gasoline."

That shut the table up pretty quickly. BIOTCHES.

P.S. Last spring we changed 403b providers at work and there were initially problems with the new company posting contributions in a timely manner.  Same group of us were around the table when I asked in general if anyone else was having the problem I was having w/contributions posting to their accounts. Everybody looked at me blankly because NONE OF THEM contribute to the 403b and therefore had no idea what I was talking about EXCEPT Scooter Dude. He also contributes and knew about the technical glitch. Ha!

I love this story, but my favorite part is that you, a 40-year-old self-proclaimed middle-aged woman, goes by the name FartFace and calls people BIOTCHES and Scooter Dude.  Cracks me up.

ScienceRules

  • 5 O'Clock Shadow
  • *
  • Posts: 49
Re: Overheard at Work
« Reply #3939 on: August 27, 2014, 01:36:35 PM »
I finally have one, sadly.

One of my good friends at work, who knows about MMM and all that I do to try and save was commenting on how he has no money so he started cooking dinner instead of eating out every night. He also eats out every lunch, just bought a car (we make <$20K a year and he lives 3 miles from work), went on a last minute vacation (book 3 days ahead of time), and is going on a month long vacation in a few weeks. I know he knows what I do to save money because we talk about it all the time, but it's sad because I don't think he will be implementing any of it soon. Even cooking dinner, he commented that he can't wait for a few more paychecks because he is sick of cooking (it's been less than 2 weeks of cooking and for 5 days of that he was on his last minute trip).

wild wendella

  • 5 O'Clock Shadow
  • *
  • Posts: 82
  • Location: Stamford, CT
Re: Overheard at Work
« Reply #3940 on: August 27, 2014, 02:24:58 PM »
This thread is always so entertaining. I finally have some stories to add.

I've been occasionally biking to work, and I got into a conversation with a guy who lives less than a mile away, possibly half a mile.  He doesn't own a bike.  Claims he wouldn't have anywhere to keep it.  He doesn't even consider walking to work, because he might get sweaty.  Also, for the occasional night he works late, he feels safer driving his car.  It's just more convenient.

Yesterday I had a long car conversation with some chaps at work.  One of them, a large Russian guy, previously had a Honda Ridgeline and just upgraded to a Dodge Ram.  He commutes 35 miles each way.  Part of his rationale was, he's frustrated that he pays so much in property taxes that he doesn't benefit from because he has no school-aged children, so he might as well get *some* personal use out of his remaining money. (In other words, he deserves to drive the vehicle he wants).  Also, he always leases.  Asked me 'why would you want to buy, it makes no sense?'  He said he couldn't imagine keeping the same car for more than a few years.  I asked him if he felt the same way about women. 

Today a friend at work wanted to talk about retirement planning over lunch.  He offered to buy my lunch.  I said, 'that's ok, I brought mine'.  So I just brought my salad/yogurt down to the cafeteria and met him.  He spent $7.77 on lunch (which isn't really that bad).  Afterwards he stopped off for a $2.50-ish Honest Tea. I told him he could make tea for free - we have free tea bags in the pantry, and free hot water.  He can make hot tea and let it cool.  We also have free cups and ice which he can use to make the tea cold.  He wasn't buying it.  this last guy is actually in good shape financially, but it's interesting to realize the little needless things you waste money on. 
« Last Edit: August 27, 2014, 02:26:43 PM by wild wendella »

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 2690
  • Age: 34
  • Location: Madison Heights, Michigan
Re: Overheard at Work
« Reply #3941 on: August 27, 2014, 04:26:51 PM »
Someone should invite scooter dude to MMM. :-p

and recommend his screen name be "scooter dude".

solon

  • Pencil Stache
  • ****
  • Posts: 837
  • Age: 1816
  • Location: CO
Re: Overheard at Work
« Reply #3942 on: August 27, 2014, 04:45:56 PM »
Someone should invite scooter dude to MMM. :-p

fartface, that's you! Don't come back here without ScooterDude!

The Hamster

  • Stubble
  • **
  • Posts: 203
  • Location: Perth WA
  • Vivere intus vestri mediis
Re: Overheard at Work
« Reply #3943 on: August 27, 2014, 06:04:27 PM »
The newly remarried mom was complaining that "these banks just expect you to have money lying around for a down payment!"  They spoke some more and I tuned out, then heard the single mom say "No one in this day and age should hold it against someone for having credit card debt; we all do!"

I love it when someone talks about "who has money lying around." As if people with savings just have piles of cash on the floor, where we stumble over them and exclaim, "Oh! I could make a down payment with this!" It makes me want to drape some dollar bills on the couch, on the bed, in the recliner, on a cushion, etc., so I can have money actually lying around (instead of working its butt off earning interest and dividends).


I've never mentally pictured "money lying around."  Now I will think of


Oh hahaha this is exactly what I thought of when I read that post.  Scrooge McDuck was my childhood comic book hero.  I loved the thought of swimming in his olympic sized moneypool until....
Cheers,
The Hamster(ette)

Elderwood17

  • Pencil Stache
  • ****
  • Posts: 514
  • Location: Western North Carolina
Re: Overheard at Work
« Reply #3944 on: August 27, 2014, 08:15:48 PM »
Someone should invite scooter dude to MMM. :-p

fartface, that's you! Don't come back here without ScooterDude!
Fartface and scooterdude......sounds like the dynamic duo of MMM!

agent_clone

  • Bristles
  • ***
  • Posts: 252
  • Location: Australia
Re: Overheard at Work
« Reply #3945 on: August 28, 2014, 02:52:51 AM »
I finally have one, sadly.

One of my good friends at work, who knows about MMM and all that I do to try and save was commenting on how he has no money so he started cooking dinner instead of eating out every night. He also eats out every lunch, just bought a car (we make <$20K a year and he lives 3 miles from work), went on a last minute vacation (book 3 days ahead of time), and is going on a month long vacation in a few weeks. I know he knows what I do to save money because we talk about it all the time, but it's sad because I don't think he will be implementing any of it soon. Even cooking dinner, he commented that he can't wait for a few more paychecks because he is sick of cooking (it's been less than 2 weeks of cooking and for 5 days of that he was on his last minute trip).
I can understand being sick of cooking, especially if doing it every day.  Tell him if he's sick of it, to cook batches, freeze the leftovers then take them out when he doesn't feel like cooking.  If he wants variety then cook a few different things and pick what he wants depending on his mood.

Nubs

  • Stubble
  • **
  • Posts: 132
Re: Overheard at Work
« Reply #3946 on: August 28, 2014, 08:42:19 AM »
Finally have one:

There are some roofers working on our building at the moment.  I hear portions of their conversations. 

"You can't have good credit unless you are in debt" 

I thought, well that's odd.  I have pretty damn good credit and I've never been in debt.

It amazes me that in a world where a few simple well worded google searches can answer almost any question with facts, simple misunderstandings like this continue to persist (and be perpetuated by those with the confidence to blurt them out).

ScienceRules

  • 5 O'Clock Shadow
  • *
  • Posts: 49
Re: Overheard at Work
« Reply #3947 on: August 28, 2014, 09:02:19 AM »
I finally have one, sadly.

One of my good friends at work, who knows about MMM and all that I do to try and save was commenting on how he has no money so he started cooking dinner instead of eating out every night. He also eats out every lunch, just bought a car (we make <$20K a year and he lives 3 miles from work), went on a last minute vacation (book 3 days ahead of time), and is going on a month long vacation in a few weeks. I know he knows what I do to save money because we talk about it all the time, but it's sad because I don't think he will be implementing any of it soon. Even cooking dinner, he commented that he can't wait for a few more paychecks because he is sick of cooking (it's been less than 2 weeks of cooking and for 5 days of that he was on his last minute trip).
I can understand being sick of cooking, especially if doing it every day.  Tell him if he's sick of it, to cook batches, freeze the leftovers then take them out when he doesn't feel like cooking.  If he wants variety then cook a few different things and pick what he wants depending on his mood.

So I have suggested batch cooking in the past (when money was tight so he cooked dinner), but he says he won't eat leftovers. That is also his excuse for continuing to buy lunch everyday. I don't get. I love leftovers because then I don't have to cook and for a lot of food I cook the flavor gets better once it sits overnight.

J'onn J'onzz

  • 5 O'Clock Shadow
  • *
  • Posts: 62
  • Age: 39
  • Location: Dallas, TX
Re: Overheard at Work
« Reply #3948 on: August 28, 2014, 09:29:11 AM »
I finally have one, sadly.

One of my good friends at work, who knows about MMM and all that I do to try and save was commenting on how he has no money so he started cooking dinner instead of eating out every night. He also eats out every lunch, just bought a car (we make <$20K a year and he lives 3 miles from work), went on a last minute vacation (book 3 days ahead of time), and is going on a month long vacation in a few weeks. I know he knows what I do to save money because we talk about it all the time, but it's sad because I don't think he will be implementing any of it soon. Even cooking dinner, he commented that he can't wait for a few more paychecks because he is sick of cooking (it's been less than 2 weeks of cooking and for 5 days of that he was on his last minute trip).
I can understand being sick of cooking, especially if doing it every day.  Tell him if he's sick of it, to cook batches, freeze the leftovers then take them out when he doesn't feel like cooking.  If he wants variety then cook a few different things and pick what he wants depending on his mood.

So I have suggested batch cooking in the past (when money was tight so he cooked dinner), but he says he won't eat leftovers. That is also his excuse for continuing to buy lunch everyday. I don't get. I love leftovers because then I don't have to cook and for a lot of food I cook the flavor gets better once it sits overnight.

I have been told that by numerous people I have known, I just don't it.

eyePod

  • Pencil Stache
  • ****
  • Posts: 964
    • Flipping A Dollar
Re: Overheard at Work
« Reply #3949 on: August 28, 2014, 09:51:10 AM »
I finally have one, sadly.

One of my good friends at work, who knows about MMM and all that I do to try and save was commenting on how he has no money so he started cooking dinner instead of eating out every night. He also eats out every lunch, just bought a car (we make <$20K a year and he lives 3 miles from work), went on a last minute vacation (book 3 days ahead of time), and is going on a month long vacation in a few weeks. I know he knows what I do to save money because we talk about it all the time, but it's sad because I don't think he will be implementing any of it soon. Even cooking dinner, he commented that he can't wait for a few more paychecks because he is sick of cooking (it's been less than 2 weeks of cooking and for 5 days of that he was on his last minute trip).
I can understand being sick of cooking, especially if doing it every day.  Tell him if he's sick of it, to cook batches, freeze the leftovers then take them out when he doesn't feel like cooking.  If he wants variety then cook a few different things and pick what he wants depending on his mood.

So I have suggested batch cooking in the past (when money was tight so he cooked dinner), but he says he won't eat leftovers. That is also his excuse for continuing to buy lunch everyday. I don't get. I love leftovers because then I don't have to cook and for a lot of food I cook the flavor gets better once it sits overnight.

I have been told that by numerous people I have known, I just don't it.

I didn't used to eat vegetables. Until after college. But hey, I eat them now. People learn.
I blog on items flipped for a profit on eBay:
Flipping A Dollar

I made 6.5k in profits in 2015!