Sarah in SC
Moderator Emeritus
Yeah, I'd find other battles to fight than how much TP your small peeps use daily.
I added a new column to my spreadsheet this year. I have always tracked how much I spend on gasoline but I added an additional column that indicates how many gallons of gasoline I got for that amount. I've always tracked the amount of natural gas, electricity, and water usage in addition to tracking the monthly amounts I spend on these items. So adding the number of gallons of gas made sense too.
I'm ok with the long term budgetary impact of the ladies' TP consumption.
You might save even more if you migrated to good wine or whiskey. Beer that gives you that much trouble could not be very good for you, could it?I've installed one of those portable bidet on my commode and it was the best investment ever. TP use is not much since I live alone but I end up using the whole roll or more after Friday night of drinking cheap beer at the VFW. With bidet, it just once dry off and done.
Thanks for the suggestion, Ha. But I like beer. I do drink whiskey on the occasion and wine once in a blue moon if I go out on a blind date that my friends set up for me. But mostly beer and sometimes boiler makers.You might save even more if you migrated to good wine or whiskey. Beer that gives you that much trouble could not be very good for you, could it?
Ha
Does this mean you intend to ER without having repaid your student loans and to avoid paying them at all?Not included in these quotes of annual expenditures were mortgage payments (they go away if I choose to pay off the mortgage), child care expenses (not necessary when I ER), and student loan payments (during ER, I think I will qualify as low income so as to avoid paying most or all of these loans).
I immediately noticed the decrease in paper products spending when my wife left.
Also, a decrease in my vodka purchases. Aiyii!
Ha
Does this mean you intend to ER without having repaid your student loans and to avoid paying them at all?Or am I reading this wrong?
A reference to another thread might help.
http://www.early-retirement.org/forums/f30/student-loans-income-based-repayment-52619.html
I won't criticize you for your decision but I think it's safe to criticize the system that [-]encourages[/-] allows it. Small wonder the country is broke.Yes, you are correct. I may pay a small portion of them, but probably nowhere near half the principal. And the interest is already way below market: 0.75% fixed. Thanks US taxpayers! But before anyone criticizes, realize that my kids won't be eligible for many of these taxpayer subsidized loans in college since I am too wealthy to qualify.
I won't criticize you for your decision but I think it's safe to criticize the system that [-]encourages[/-] allows it. Small wonder the country is broke.
Agreed. I personally think the policy is ridiculous that we can borrow hundreds of thousands and not worry a whole heck of a lot about ever repaying it. But thems the breaks, and this is one of the very few social welfare benefits that I can take advantage of.
I will say that I invested a significant portion of the student loan borrowing over the 2001-2006 period, so that has probably produced positive returns by now (versus carrying costs of under 1%, all tax deductible).
My federal student loans qualify for debt forgiveness. I think private loans and some other types of federal loans (parent PLUS loans??) don't qualify. And my government employment qualifies. Or at least it seems to qualify. There is no way of knowing until 10 years later per the current rules.I don't think all student loans are the type that could be forgiven by government work and I don't think all goverment work qualifies to forgive them.
I can't imagine not repaying debts that enabled me and my family to live a better life. Good luck.
Would it be accurate to say that your intent is to obey the letter of the law while seemingly violating the spirit of the law? And you are a lawyer? And you didn't even need the money? And you seem to be proud of yourself? I think I'll go take a shower.
+1Wow.
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I will say that I invested a significant portion of the student loan borrowing over the 2001-2006 period, so that has probably produced positive returns by now (versus carrying costs of under 1%, all tax deductible).
Are you saying that you actually made money on the student loans by investing the money you do not want to repay ?