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07-29-2021, 03:27 PM
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#1
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Recycles dryer sheets
Join Date: Nov 2006
Posts: 428
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Being Thankful
I was just reflecting on a big benefit of FIRE, helping your family during a tight spot.
My DD and great SIL (and amazing GD) were in the middle of a cross country military transfer when their PU truck engine blew (Thx to the F-150 oil pan!!). There were in a real hard spot and I had the ability to write a check for a replacement truck so they could complete their transfer.
A comparatively modest sum made all the difference (for want of a nail,....).
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07-29-2021, 03:31 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Aug 2012
Posts: 1,821
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Quote:
Originally Posted by Tekward
I was just reflecting on a big benefit of FIRE, helping your family during a tight spot.
My DD and great SIL (and amazing GD) were in the middle of a cross country military transfer when their PU truck engine blew (Thx to the F-150 oil pan!!). There were in a real hard spot and I had the ability to write a check for a replacement truck so they could complete their transfer.
A comparatively modest sum made all the difference (for want of a nail,....).
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I firmly believe that one of the best reasons for having more than you need is for situations like this. I bet it felt better to do that for your daughter than to even just go buy a new truck for yourself.
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07-29-2021, 03:36 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 4,344
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Very nice that you can help them out. Agree that being thankful for what you have and the ability to help others is a great way to enjoy being FIRE'd.
__________________
The problem isn't artificial intelligence, it's natural stupidity.
You can't spend yourself to prosperity.
Semi-Retired 7/1/16: working part-time (60%) for now [4/24/17 changed to 80%]
Retired Aug 2, 2017; age 53
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07-29-2021, 03:43 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,148
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Quote:
Originally Posted by 38Chevy454
Very nice that you can help them out. Agree that being thankful for what you have and the ability to help others is a great way to enjoy being FIRE'd.
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My sentiments exactly…
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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07-29-2021, 03:52 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,515
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so blessed, completely agree.
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07-29-2021, 04:16 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
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Interesting coz on a much more minor scale today, DGF's son needed $500 to help fix his car. So we were able to do it. He is in a tight spot financially right now.
__________________
TGIM
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07-29-2021, 04:24 PM
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#7
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Full time employment: Posting here.
Join Date: May 2014
Posts: 973
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Should the military pay for the transfer?
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07-30-2021, 05:30 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Nov 2008
Posts: 3,388
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Quote:
Originally Posted by 38Chevy454
Very nice that you can help them out. Agree that being thankful for what you have and the ability to help others is a great way to enjoy being FIRE'd.
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+1
Cheers!
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07-30-2021, 07:01 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,871
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Thankful here as well to have the ability and to act on helping others not so fortunate.
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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07-30-2021, 07:01 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Jun 2002
Posts: 1,633
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Quote:
Originally Posted by flyingaway
Should the military pay for the transfer?
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I’m sure it does. Shipping household goods, a mileage allowance for the distance traveled, a per-diem allowance for the days in transit. But buy a new truck or repair one that crapped out? No way.
__________________
friar1610
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07-30-2021, 07:19 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,373
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I'm thankful everyday and blessed to be in the position to be able to help other. Last year was a 6 figure number that we gave to help others. Giving back is a blessing and rewarding, whether is in time or monetary.
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07-30-2021, 09:41 AM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by friar1610
I’m sure it does. Shipping household goods, a mileage allowance for the distance traveled, a per-diem allowance for the days in transit. But buy a new truck or repair one that crapped out? No way.
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"No way" isn't exactly true as there are options available to members who have issues like a car dying on a PCS move. Air Force Assistance Program is an example. I think most of the service have similar programs. I was able to use the AFAS when I was a young airman and didn't have money for an emergency trip home.
Nonetheless, it's awesome to be a position to help someone financially when you are FI.
https://afas.org/
Quote:
AFAS provides emergency assistance to Air Force and Space Force families when unexpected financial emergencies arise with no-interest loans and grants. These financial assistance programs help meet immediate financial emergency needs and help make a positive step toward a lasting financial solution.
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__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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07-30-2021, 11:00 AM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2015
Posts: 5,775
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Yes, I feel blessed and thankful every day for what we have and are able to share.
__________________
Give a Man a fish, he will eat for a day.
Teach a Man to fish, he will eat for a lifetime.
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07-30-2021, 01:32 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jun 2002
Posts: 1,633
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Quote:
Originally Posted by ExFlyBoy5
"No way" isn't exactly true as there are options available to members who have issues like a car dying on a PCS move. Air Force Assistance Program is an example. I think most of the service have similar programs. I was able to use the AFAS when I was a young airman and didn't have money for an emergency trip home.
Nonetheless, it's awesome to be a position to help someone financially when you are FI.
https://afas.org/
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Good point! AFAS sounds a lot like Navy and Marine Corps Relief Society with which I’m most familiar. These organizations are closely aligned with although not a part of the services they support and can indeed bail out members who find themselves in dicey situation through loans or outright grants. Indeed, most of the NMCRS volunteers who evaluate the members’ situations and make decisions on fund disbursement are themselves military members (functioning as Society volunteers), spouses or retirees. The question was whether “the military” should pay for the transfer. Sure sounded to me like there was an implication that “the military” might/oughta pay for the truck/repairs (which they wouldn’t and likely can’t legally.) But your reminder that there are other avenues is a point well taken. As is your last sentence.
__________________
friar1610
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07-31-2021, 06:56 AM
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#15
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Recycles dryer sheets
Join Date: Nov 2006
Posts: 428
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Quote:
Originally Posted by flyingaway
Should the military pay for the transfer?
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Yes. Mileage and perform, but not engines.
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07-31-2021, 03:42 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2010
Posts: 5,830
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I have had a charmed life in so many respects.
Very thankful for what I have, and most especially for my good health in these retirement years.
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08-02-2021, 04:13 AM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,373
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Quote:
Originally Posted by brett
I have had a charmed life in so many respects.
Very thankful for what I have, and most especially for my good health in these retirement years.
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My thoughts exactly, how thankful I am each day for health and the great life in general. Money just so happened to be a small part of my time here.
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