Author Topic: Overheard at Work  (Read 8270621 times)

dragoncar

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Re: Overheard at Work
« Reply #17000 on: March 09, 2017, 03:37:04 PM »
I dunno... bathrooms are my least favorite to clean and having twice as many pretty much means twice as much cleaning (since bathroom usage tends to scale up in proportion to available bathrooms- or each toilet may get used half as often, but they will probably each be used sometime within the cleaning timeframe). 

If I ever build a bathroom, the number one criteria will be easy cleanability.  I am still considering  designing and patenting my ingenious new toilet design with no nooks, crannies, hinges, etc.  I'll put a drain in the floor and hose everything down with a pressure washer. Ohhh yeah

Don't worry, the MMM forumhas led me to a solution for that one. This amazing thread (http://forum.mrmoneymustache.com/ask-a-mustachian/advice-for-making-your-home-interior-easier-to-clean-and-maintain) has recommended Don Aslett's 'Make Your House Do The Housework' several times. I bought it, and he advocates (to a slightly excessive degree, perhaps) suspending everything and not mixing surfaces more than you have to. So you tile your entire bathroom and buy a suspended toilet like this one: http://cdn.stylisheve.com/wp-content/uploads/2012/01/Suspended-Toilet-Designs-for-an-Original-Bathroom-Style_3.jpg

This forum is the best.

This toilet is supposedly designed to be as easy to clean as possible. As you see, all the parts are attached to the wall, not eachother.  http://standard.jetsgroup.com/en/Products/Toilets-and-urinals/Pearl.aspx

Can the hinge part be removed and hosed down?

honeybbq

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Re: Overheard at Work
« Reply #17001 on: March 09, 2017, 05:48:15 PM »
All this talk about bathrooms.... seriously I encourage everyone here to spend a good amount of time in a rural village in India, after having taken a 3rd class train ride overnight to this village. Afterwards you'll be happy that you only need to wait 10 minutes because your roommate is showering and you need to poop.

 I've dropped turds where there was an outline for your feet and a hole in between and I hadn't showered in a week... but that doesn't mean in my life of relatively luxury that I want that at home. Perspective is good, but you don't have to model everything you've been exposed to.

The Guru

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Re: Overheard at Work
« Reply #17002 on: March 09, 2017, 05:58:15 PM »
Will someone- ANYONE- PLEASE post something you Heard at Work??

DTaggart

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Re: Overheard at Work
« Reply #17003 on: March 09, 2017, 06:12:32 PM »
Will someone- ANYONE- PLEASE post something you Heard at Work??

Well, I was in the restroom, and from the next stall I heard....


:)

AMandM

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Re: Overheard at Work
« Reply #17004 on: March 09, 2017, 07:16:47 PM »
For a household with 2 people 1 bathroom plus a separate toilet is ideal.

My BIL and his wife have one bathroom and a separate toilet.  But they also have have six kids.

LadyFIRE

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Re: Overheard at Work
« Reply #17005 on: March 09, 2017, 08:40:49 PM »
I'm so amazed by these pooping issues....

I grew up in a house of 4 (mum, dad, 2 kids) and we never had an issue with our one toilet.

Although our toilet was separate to the bathroom. So you could poop while someone showered without being in the same room, they would just get a little cooked when you flushed and stole all the cold water!

Alim Nassor

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Re: Overheard at Work
« Reply #17006 on: March 09, 2017, 09:32:09 PM »
We once stayed in a homestay in Georgetown, Penang, Malaysia.   Some of the Chinese clans have family jetty's over the water that have been there for generations.  We stayed in a home of the Chew family's jetty.  I woke up the first morning and went to take my morning constitutional, squatting over a hole under the shower head.   I heard a loud splash, and walked out onto the porch to wave goodbye to a big turd going out with the tide.

Mr. Green

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Re: Overheard at Work
« Reply #17007 on: March 09, 2017, 09:48:37 PM »
I'm so amazed by these pooping issues....

I grew up in a house of 4 (mum, dad, 2 kids) and we never had an issue with our one toilet.

Although our toilet was separate to the bathroom. So you could poop while someone showered without being in the same room, they would just get a little cooked when you flushed and stole all the cold water!
Ditto. My mom raised us two kids through out teenage years in a house with one toilet. I don't ever recall bathroom time being a big issue. I guess our family time didn't include explosive diarrhea.

Step37

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Re: Overheard at Work
« Reply #17008 on: March 09, 2017, 11:17:39 PM »
My coworker mentioned that he's going to bring his six-year-old daughter to the office for the day a few weeks from now. This will be fun and cute; the kid is PUMPED about it and I don't mind at all. Here's the anti-mustachian part:

CW: She has it all planned out. We are going to stop at Tim Hortons on the way and get a donut. For lunch, we will go back to Tim Hortons so she can have a wrap.
Me: oh, fun! (cringe)

The kid is clearly conditioned to this, as evidenced by her dad's daily behaviour. Out for fast food nearly every day for lunch, commutes in brand new clown truck, big mortgage, pretty spendy lifestyle from what he's mentioned. He's a great guy and very hard worker; it just makes me sad to see him waste so much money.

LennStar

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Re: Overheard at Work
« Reply #17009 on: March 10, 2017, 12:09:05 AM »
My coworker mentioned that he's going to bring his six-year-old daughter to the office for the day a few weeks from now. This will be fun and cute; the kid is PUMPED about it and I don't mind at all. Here's the anti-mustachian part:

CW: She has it all planned out. We are going to stop at Tim Hortons on the way and get a donut. For lunch, we will go back to Tim Hortons so she can have a wrap.
Me: oh, fun! (cringe)

The kid is clearly conditioned to this, as evidenced by her dad's daily behaviour. Out for fast food nearly every day for lunch, commutes in brand new clown truck, big mortgage, pretty spendy lifestyle from what he's mentioned. He's a great guy and very hard worker; it just makes me sad to see him waste so much money.

Probably too young - but what about the childs math?
After all, at work you often need math! So train it and let the child add up what the cost for the eating stuff is as long as its at his dads work place. And how much hours Daddy has to work for it.

Metric Mouse

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Re: Overheard at Work
« Reply #17010 on: March 10, 2017, 02:09:15 AM »
Will someone- ANYONE- PLEASE post something you Heard at Work??

Well, I was in the restroom, and from the next stall I heard....


:)
Haha!

I'm a red panda

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Re: Overheard at Work
« Reply #17011 on: March 10, 2017, 06:34:35 AM »
Will someone- ANYONE- PLEASE post something you Heard at Work??

I feel really badly for one of my coworkers (who makes just under 6 figures) who can't get approved for a corporate credit card, and does not have one of her own, and is having to figure out how to pay for her travel expenses for an upcoming business trip...

BTDretire

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Re: Overheard at Work
« Reply #17012 on: March 10, 2017, 06:41:43 AM »

So you use the tub and toilet with the door open?
Ya, it's a bathroom off the bedroom which is at the end of the hallway,
if I had company it would be different.
« Last Edit: March 10, 2017, 06:50:30 AM by BTDretire »

marielle

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Re: Overheard at Work
« Reply #17013 on: March 10, 2017, 07:04:26 AM »
I heard from a coworker that my boss (plant manager) wants to trade his year old truck for a 2017. He's pissed because he's put 20k+ miles on it in a year. Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

I'm not even really sure if he uses it to do anything truck related because he's renting. I guess he uses it for hunting.

boyerbt

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Re: Overheard at Work
« Reply #17014 on: March 10, 2017, 09:19:44 AM »
I heard from a coworker that my boss (plant manager) wants to trade his year old truck for a 2017. He's pissed because he's put 20k+ miles on it in a year. Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

I'm not even really sure if he uses it to do anything truck related because he's renting. I guess he uses it for hunting.

I know some people who do this and it boggles my mind. Making long trips like this 1-2 a year for a week or so can make sense but they are doing it monthly and only for a normal weekend. You barely get any time to spend with family: if you hit the road after work on Friday, get home in the early morning of Saturday and have to leave by late afternoon at best on Sunday. You're spending equal time in the car as you are with the family.

marielle

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Re: Overheard at Work
« Reply #17015 on: March 10, 2017, 09:32:06 AM »
I heard from a coworker that my boss (plant manager) wants to trade his year old truck for a 2017. He's pissed because he's put 20k+ miles on it in a year. Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

I'm not even really sure if he uses it to do anything truck related because he's renting. I guess he uses it for hunting.

I know some people who do this and it boggles my mind. Making long trips like this 1-2 a year for a week or so can make sense but they are doing it monthly and only for a normal weekend. You barely get any time to spend with family: if you hit the road after work on Friday, get home in the early morning of Saturday and have to leave by late afternoon at best on Sunday. You're spending equal time in the car as you are with the family.

He kind of makes his own schedule so he'll often times leave on a Wednesday or something, and come back Monday. Maybe longer during a holiday. But still, he's averaged going once every 4-6 weeks in the past 5 months or so. In a truck!!! I think it's 1500+ miles each time.

We theorize that he bought the truck with cash because he said his payment was $450/month which is super low for a truck like he has, so he probably made up a number. His rent is dirt cheap because it's a rural town and he has no other expenses besides child support I guess? It could be worse...

I still can't believe it's a 2016 with 20k+ miles.

Mr. Green

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Re: Overheard at Work
« Reply #17016 on: March 10, 2017, 11:12:54 AM »
I heard from a coworker that my boss (plant manager) wants to trade his year old truck for a 2017. He's pissed because he's put 20k+ miles on it in a year. Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

I'm not even really sure if he uses it to do anything truck related because he's renting. I guess he uses it for hunting.
So he chose to drive 20,000 miles in a year and he's pissed that he drove them? Is he angry about breathing too? Lol

Just Joe

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Re: Overheard at Work
« Reply #17017 on: March 10, 2017, 12:30:47 PM »
Us youngins' used to do this in the military. Get off duty Fri, drive ten plus hours home to visit for the weekend, back by 6AM Mon. I knew guys who did this several times a year. I did this a few times in the course of a couple of years. Never a quality visit, jetlagged for days on end from lack of quality sleep, etc.

I remember getting back on morn about an hour before quarters. Tough day. So many variables that could have prevented me from returning on time. I became a little smarter as I got older and quit that kind of nonsense.

JayhawkRacer

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Re: Overheard at Work
« Reply #17018 on: March 10, 2017, 12:52:17 PM »
Real Mustachians poop at work.

That reminds me... I'll be back in a few minutes.
Dude, smartphones.

I was going to ask, are you guys not on the toilet at work right now? That's most of my browsing time.

BTDretire

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Re: Overheard at Work
« Reply #17019 on: March 10, 2017, 01:52:22 PM »
I heard from a coworker that my boss (plant manager) wants to trade his year old truck for a 2017. He's pissed because he's put 20k+ miles on it in a year. Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

I'm not even really sure if he uses it to do anything truck related because he's renting. I guess he uses it for hunting.
Chart from http://twocents.lifehacker.com/the-popular-car-models-owners-are-most-likely-give-up-a-1793058041?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+lifehacker%2Ffull+%28Lifehacker%29
 


AMandM

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Re: Overheard at Work
« Reply #17020 on: March 10, 2017, 02:07:28 PM »
Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

On the bright side, driving 12 hours is probably cheaper than flying.  And flying, what with the security screenings and getting to/from the airport, takes several hours. So arguably a mustachian choice, all in all.

Chris22

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Re: Overheard at Work
« Reply #17021 on: March 10, 2017, 02:15:22 PM »
Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

On the bright side, driving 12 hours is probably cheaper than flying.  And flying, what with the security screenings and getting to/from the airport, takes several hours. So arguably a mustachian choice, all in all.

12 hours is pushing it, but I much prefer driving to flying.  Driving I control my destiny and my schedule, flying I'm at the whim of others and there is MUCH downtime.  Plus my car is super comfortable, flying is much less so.  And with three people in the family, driving is almost always cheaper than three plane tickets.

marielle

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Re: Overheard at Work
« Reply #17022 on: March 10, 2017, 02:20:24 PM »
Mainly because he can't commit to flights to see his family, so he drives 12 hours each way instead, many times a year.

On the bright side, driving 12 hours is probably cheaper than flying.  And flying, what with the security screenings and getting to/from the airport, takes several hours. So arguably a mustachian choice, all in all.

I don't think so. Remember, it's 24 hours total driving. Roughly 1500 miles, which is close to 80 gallons of gas or $175-200. Factor in wear and tear and depreciation of a brand new 2016 truck and you've EASILY surpassed the $350 flight price. If you use the 55 cents per mile rule, it's $825. It's a brand new truck so this could be close to accurate. Also, add in an oil change every two times he does this (not sure how much it would be for a large truck). If he was doing it in a 2005 Prius then I would say it would be worth it maybe.

The problem he had was not being able to stick to a flight and constantly changing the times, which made it significantly more expensive. In that case, yes driving is definitely cheaper.

kayvent

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Re: Overheard at Work
« Reply #17023 on: March 10, 2017, 02:51:33 PM »
A dear friend (CW) at work mentioned that he was happy that his father stopped working for the military before CW started university because if the father hadn't, CW would have not qualified for student loans.

I asked how much their father was making in the military. Hearing the amount, I said CW would have been fine either way. His father made enough to have easily cashflowed university.

CW rebutted that his two younger siblings started university in the following two years.

I said that CW's father still made enough to cashflow the three expenses simultaneously.

Another coworker, having done the math in their head said that would have only left CW's father with 30K a year after taxes.

Realizing at this point that I live a very comfortable life on spending of 24K (and a fifth of that is daycare expenses), I nodded my head, agreed that that would be difficult, and smiled. Different worlds .

Ann

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Re: Overheard at Work
« Reply #17024 on: March 10, 2017, 04:14:51 PM »
A dear friend (CW) at work mentioned that he was happy that his father stopped working for the military before CW started university because if the father hadn't, CW would have not qualified for student loans.

I asked how much their father was making in the military. Hearing the amount, I said CW would have been fine either way. His father made enough to have easily cashflowed university.

CW rebutted that his two younger siblings started university in the following two years.

I said that CW's father still made enough to cashflow the three expenses simultaneously.

Another coworker, having done the math in their head said that would have only left CW's father with 30K a year after taxes.

Realizing at this point that I live a very comfortable life on spending of 24K (and a fifth of that is daycare expenses), I nodded my head, agreed that that would be difficult, and smiled. Different worlds .

Yeah, but one of the differences is: It's one thing to live on 24K a year.  It's another to tell someone ELSE to live on 24K a year so that they will bankroll YOUR future.  Sounds like CW took out student loans and maybe mostly paid for university himself (probably still paying for it).  His father wouldn't necessarily have made up the difference just because his one was disqualified for manynlow interest rate loans due to parental income.

Edited to say: I should add that I agree with you that people's mindsets are different and they will refuse to believe something is possible even when someone (you) is living proof right in front of them.  It is also possible that your CW's assessment of the situation may be correct, and that it did benefit him that his reported parental income was much lower than it would have been a few years ago (if they weren't going to contribute anything).
« Last Edit: March 10, 2017, 04:21:48 PM by Ann »

Goldielocks

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Re: Overheard at Work
« Reply #17025 on: March 10, 2017, 11:40:48 PM »
What's the opposite of anal retentive?  Anal dismissive? 



Vacuous?   

mies

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Re: Overheard at Work
« Reply #17026 on: March 11, 2017, 02:42:32 AM »
What's the opposite of anal retentive?  Anal dismissive? 



Vacuous?   

Sloppy or maybe absent minded?

o2bfree

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Re: Overheard at Work
« Reply #17027 on: March 11, 2017, 11:24:29 AM »
It's "anal expulsive". Ewww....

AMandM

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Re: Overheard at Work
« Reply #17028 on: March 11, 2017, 06:33:34 PM »
I don't think so. Remember, it's 24 hours total driving. Roughly 1500 miles, which is close to 80 gallons of gas or $175-200. Factor in wear and tear and depreciation of a brand new 2016 truck and you've EASILY surpassed the $350 flight price.

You're right. I always forget depreciation.  Our cars are old enough that we don't include it.  ;-)

Metric Mouse

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Re: Overheard at Work
« Reply #17029 on: March 12, 2017, 04:37:26 AM »
It's "anal expulsive". Ewww....
Yes, but is it black or orange?

TomTX

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Re: Overheard at Work
« Reply #17030 on: March 12, 2017, 08:51:58 AM »
Yeah. Take out student loans when a perfectly viable job is available (and my friend did disregard her advisor's advice and found a TA position). But remember, without a TA or RA position, my friend would not only have to pay for living expenses but also tuition, which is $14k a semester. Granted, TAing takes about 10-15 hours a week (though some classes will require closer to 20), so yes, it does slow her down from graduating. But seriously?
Good for your friend!  I found TAing to be not as demanding as it sounds.  Even with a full course load, I was able to handle the extra 15 hours/week with no problem.

Depends. If your friend is delaying getting an $80k/year job 6 months to save $14k, I can certainly see the argument to get out faster and take the loan.

B2027

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Re: Overheard at Work
« Reply #17031 on: March 12, 2017, 09:05:45 AM »
Coworker was talking about how he got a pretty much brand new truck for only $44,000 and payments were only $526 per month. Which he followed up with by saying "Good thing I'm really frugal with my money and could take advantage of that deal!!"

Luckily I was so dumbfounded I couldn't say anything.

Just Joe

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Re: Overheard at Work
« Reply #17032 on: March 12, 2017, 12:22:39 PM »
It's "anal expulsive". Ewww....
Yes, but is it black or orange?

Depends on whether there is a dress involved... (Ewwww.)

johnny847

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Re: Overheard at Work
« Reply #17033 on: March 12, 2017, 07:36:17 PM »
Yeah. Take out student loans when a perfectly viable job is available (and my friend did disregard her advisor's advice and found a TA position). But remember, without a TA or RA position, my friend would not only have to pay for living expenses but also tuition, which is $14k a semester. Granted, TAing takes about 10-15 hours a week (though some classes will require closer to 20), so yes, it does slow her down from graduating. But seriously?
Good for your friend!  I found TAing to be not as demanding as it sounds.  Even with a full course load, I was able to handle the extra 15 hours/week with no problem.

Depends. If your friend is delaying getting an $80k/year job 6 months to save $14k, I can certainly see the argument to get out faster and take the loan.

She has at least a year left.

Furthermore, I don't know how familiar you are with academia, but it is VERY common for PhD students to graduate later than expected.

EDIT: Clarified, PhD students
« Last Edit: March 13, 2017, 07:53:11 AM by johnny847 »

JAYSLOL

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Re: Overheard at Work
« Reply #17034 on: March 13, 2017, 12:10:16 AM »
Coworker was talking about how he got a pretty much brand new truck for only $44,000 and payments were only $526 per month. Which he followed up with by saying "Good thing I'm really frugal with my money and could take advantage of that deal!!"

Luckily I was so dumbfounded I couldn't say anything.

This is exactly why most people in society don't get ahead, they think they're hot stuff for saving 10%... so that it can be spent on a larger item.  Seriously folks, saving money to buy a car is not saving money, it's just deferred spending.

kayvent

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Re: Overheard at Work
« Reply #17035 on: March 13, 2017, 01:24:17 AM »
Coworker was talking about how he got a pretty much brand new truck for only $44,000 and payments were only $526 per month. Which he followed up with by saying "Good thing I'm really frugal with my money and could take advantage of that deal!!"

Luckily I was so dumbfounded I couldn't say anything.

This is exactly why most people in society don't get ahead, they think they're hot stuff for saving 10%... so that it can be spent on a larger item.  Seriously folks, saving money to buy a car is not saving money, it's just deferred spending.

Saving is delayed spending.

barbaz

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Re: Overheard at Work
« Reply #17036 on: March 13, 2017, 05:01:30 AM »
Saving is delayed spending.
Nope, there is an important difference. Many people think they are financially responsible because they manage to save some money each month for their summer vacation. When I save money, I don't plan to spend it ever (unless buying stocks counts as "spending").

LennStar

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Re: Overheard at Work
« Reply #17037 on: March 13, 2017, 05:35:37 AM »
Saving is delayed spending.
Nope, there is an important difference. Many people think they are financially responsible because they manage to save some money each month for their summer vacation. When I save money, I don't plan to spend it ever (unless buying stocks counts as "spending").
Then why do you do "saving"?
If you just like many zeros on your bank account, I can lend you a pen.

I'm a red panda

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Re: Overheard at Work
« Reply #17038 on: March 13, 2017, 07:22:37 AM »
Coworker was talking about how he got a pretty much brand new truck for only $44,000 and payments were only $526 per month. Which he followed up with by saying "Good thing I'm really frugal with my money and could take advantage of that deal!!"

Luckily I was so dumbfounded I couldn't say anything.

This is exactly why most people in society don't get ahead, they think they're hot stuff for saving 10%... so that it can be spent on a larger item.  Seriously folks, saving money to buy a car is not saving money, it's just deferred spending.

Saving is delayed spending.

How so?  Not everyone spends all their money. It's very possible to die with some left over.

JAYSLOL

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Re: Overheard at Work
« Reply #17039 on: March 13, 2017, 08:34:14 AM »
Saving is delayed spending.
Nope, there is an important difference. Many people think they are financially responsible because they manage to save some money each month for their summer vacation. When I save money, I don't plan to spend it ever (unless buying stocks counts as "spending").
Then why do you do "saving"?
If you just like many zeros on your bank account, I can lend you a pen.

The difference is in the planning, I don't know when or if I'll ever need the money I'm saving right now.  In other words, I don't have a plan as to what to spend it on.  So I can say I'm saving 40% of my income.  The other 60% includes money that I'm putting aside to replace my car, fund vacations etc in the next couple years, but it's A car replacement fund and vacation fund, not savings because I've already got something in my mind to spend it on. 

Do people who think all saving is deferred spending have a "savings rate" of 100% because their paychecks get "saved" in their accounts for a month before getting spent? 

barbaz

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Re: Overheard at Work
« Reply #17040 on: March 13, 2017, 02:37:55 PM »
Then why do you do "saving"?
If you just like many zeros on your bank account, I can lend you a pen.
Considering the forum you are currently writing in, what do you think am I saving for?

Quote
Do people who think all saving is deferred spending have a "savings rate" of 100% because their paychecks get "saved" in their accounts for a month before getting spent? 
Very good point. I'm using YNAB and the live-off-last-month's-income rule, so technically I'm saving 100%.

Megma

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Re: Overheard at Work
« Reply #17041 on: March 13, 2017, 02:54:22 PM »
Saving is delayed spending.
Nope, there is an important difference. Many people think they are financially responsible because they manage to save some money each month for their summer vacation. When I save money, I don't plan to spend it ever (unless buying stocks counts as "spending").
Then why do you do "saving"?
If you just like many zeros on your bank account, I can lend you a pen.

The difference is in the planning, I don't know when or if I'll ever need the money I'm saving right now.  In other words, I don't have a plan as to what to spend it on.  So I can say I'm saving 40% of my income.  The other 60% includes money that I'm putting aside to replace my car, fund vacations etc in the next couple years, but it's A car replacement fund and vacation fund, not savings because I've already got something in my mind to spend it on. 

Do people who think all saving is deferred spending have a "savings rate" of 100% because their paychecks get "saved" in their accounts for a month before getting spent?

I would generally consider it "saving" if I am keeping it indefinitely and don't have a clear plan on what I'll use it for later. For example, I might have an "emergency" arise and need some of it or when the un-spent money pool hanging out in my "savings" account gets large enough, I might invest it in a rental property. My ultimate goal/plan is that all of the money I earn but don't spend on a need/immediate want will eventually be invested in a property but not until I have enough (I'm not really at the point where it's snowballing quickly yet) and some of it might get spent along the way on something else that came up - so I saved it until I needed it but I didn't invest it yet.

So I guess I think savings can be medium-term for items that are too large for me to cash-flow but investment is for the long haul, and the ultimate goal for all savings to be transitioned to. However, if I have a big expense and use some of the money I had saved that would drop my savings rate for the month/year because I spent it.

I think we can think of savings in different ways and that's ok - some people might only consider invested money saved and the rest in a kind of "I will use this later" limbo.

Goldielocks

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Re: Overheard at Work
« Reply #17042 on: March 13, 2017, 06:09:29 PM »
I plan to eventually spend ALL my money...   does that mean I have a zero savings rate, only deferred spending?

Guide2003

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Re: Overheard at Work
« Reply #17043 on: March 14, 2017, 08:19:57 AM »
A dear friend (CW) at work mentioned that he was happy that his father stopped working for the military before CW started university because if the father hadn't, CW would have not qualified for student loans.

I asked how much their father was making in the military. Hearing the amount, I said CW would have been fine either way. His father made enough to have easily cashflowed university.
I'm a military pilot (officer) and my peers are making right around the 100k level (about 40% of that is tax free!). Now that so many people are looking to transition to the airlines for the much higher pay, its a routine conversation at work trying to figure out life hacks to make do on the 60-80k that you'll make your first couple years before seniority starts to kick in. I've heard people say they will enroll as a full time student and use their GI bill just to get the accompanying housing allowance while also in their first year at a new job. This from the same people who make 30 minute commutes alone in V8 SUV's and spend more on one kid's upbringing than all of my family of five's current living expenses. I try to slip in comments about how important it is to be able to live off savings for at least a few months and they look at me like I'm crazy for having that much money. Maybe I am, but I'll be a lot less stressed about my career transition than they are!

Guide2003

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Re: Overheard at Work
« Reply #17044 on: March 14, 2017, 08:28:00 AM »
Anyone else hear the craziest things while at work?
Oh another good one was my coworker that bragged about his 4% mortgage rate and ability to almost make double payments. The whole reason he picked the credit union for the mortgage was that they consolidated his credit card debt at a lower interest rate of 9%. When asked why not apply the extra funds to the credit card, he said that keeping the card closer to maxed out helps them not overspend, and besides having your house paid for early is an important milestone in life and as he gets older he is intentionally working towards planning for the future. SMH

ketchup

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Re: Overheard at Work
« Reply #17045 on: March 14, 2017, 08:32:58 AM »
A dear friend (CW) at work mentioned that he was happy that his father stopped working for the military before CW started university because if the father hadn't, CW would have not qualified for student loans.

I asked how much their father was making in the military. Hearing the amount, I said CW would have been fine either way. His father made enough to have easily cashflowed university.
I'm a military pilot (officer) and my peers are making right around the 100k level (about 40% of that is tax free!). Now that so many people are looking to transition to the airlines for the much higher pay, its a routine conversation at work trying to figure out life hacks to make do on the 60-80k that you'll make your first couple years before seniority starts to kick in. I've heard people say they will enroll as a full time student and use their GI bill just to get the accompanying housing allowance while also in their first year at a new job. This from the same people who make 30 minute commutes alone in V8 SUV's and spend more on one kid's upbringing than all of my family of five's current living expenses. I try to slip in comments about how important it is to be able to live off savings for at least a few months and they look at me like I'm crazy for having that much money. Maybe I am, but I'll be a lot less stressed about my career transition than they are!
Yeesh, some people live on a whole different planet.  I guess at least they are looking "life hacks" vs "just" going into debt to support their current lifestyle...
Anyone else hear the craziest things while at work?
Oh another good one was my coworker that bragged about his 4% mortgage rate and ability to almost make double payments. The whole reason he picked the credit union for the mortgage was that they consolidated his credit card debt at a lower interest rate of 9%. When asked why not apply the extra funds to the credit card, he said that keeping the card closer to maxed out helps them not overspend, and besides having your house paid for early is an important milestone in life and as he gets older he is intentionally working towards planning for the future. SMH
What is this I don't even

mtn

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Re: Overheard at Work
« Reply #17046 on: March 14, 2017, 08:55:29 AM »
Anyone else hear the craziest things while at work?
Oh another good one was my coworker that bragged about his 4% mortgage rate and ability to almost make double payments. The whole reason he picked the credit union for the mortgage was that they consolidated his credit card debt at a lower interest rate of 9%. When asked why not apply the extra funds to the credit card, he said that keeping the card closer to maxed out helps them not overspend, and besides having your house paid for early is an important milestone in life and as he gets older he is intentionally working towards planning for the future. SMH

Its clear that he has some sense of financial acumen... He understands that paying his house off is good, but jeebers... why not just call and lower the credit limit?

Rimu05

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Re: Overheard at Work
« Reply #17047 on: March 14, 2017, 09:34:29 AM »
Is this the right place to post about coworkers recently buying and admiring each other's cars? Recently. two co workers bought Mustangs and one bought a convertible looking Chevy. I don't know what it's called but it looks like the Mustang. Talking about how the Mustang was like only 30 something grand with some type of Engine, etc.

I'm in no place to be shaming car purchases as prior to Mustachianism, I bought a new Honda Fit, but not even sure why they bought these cars as they all had perfectly running cars before this.


mtn

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Re: Overheard at Work
« Reply #17048 on: March 14, 2017, 09:52:33 AM »
Is this the right place to post about coworkers recently buying and admiring each other's cars? Recently. two co workers bought Mustangs and one bought a convertible looking Chevy. I don't know what it's called but it looks like the Mustang. Talking about how the Mustang was like only 30 something grand with some type of Engine, etc.

I'm in no place to be shaming car purchases as prior to Mustachianism, I bought a new Honda Fit, but not even sure why they bought these cars as they all had perfectly running cars before this.

Assume they're not Mustachian.

Reasons to buy the new cars:
1: They really liked them, and driving the cars makes them happy 
2: Their old cars were sucking the soul out of them (I HATED driving my wife's old Corolla) 
3: Perfectly running doesn't mean its right. I have a liesure suit from my dad that is in perfect condition. Still won't wear it
4: As my grandpa said, if it isn't illegal, immoral, and you can afford it, why not?
5: Maybe this was their childhood dream car 
6: They know it confuses you, so they did it to give you something to talk about 
7: They have to pick up (single) clients from time to time and wanted to impress them 
8: They just wanted something different

BTW, the Chevy was a Camaro.

marielle

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Re: Overheard at Work
« Reply #17049 on: March 14, 2017, 09:54:25 AM »
Is this the right place to post about coworkers recently buying and admiring each other's cars? Recently. two co workers bought Mustangs and one bought a convertible looking Chevy. I don't know what it's called but it looks like the Mustang. Talking about how the Mustang was like only 30 something grand with some type of Engine, etc.

I'm in no place to be shaming car purchases as prior to Mustachianism, I bought a new Honda Fit, but not even sure why they bought these cars as they all had perfectly running cars before this.

To be fair, you get a lot of car for your buck with the new mustangs and camaros. Other cars cost a lot more for similar HP/torque (I'm looking at you Nissan...)
I totally get it, not everyone sees a car as something to get from A to B. Still, I'd rather buy an older sports car for 1/4 the price and add some modifications...They took the lazy way out. Not really something I'd brag about personally.