How much do you save/invest every year?

[Splenda88]

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Windows are insane - I had the exact same reaction when I looked into doing my basement windows.

Splenda - did you cash pay or go through insurance? My experience with roofs was when it was an insurance claim, it was $35k to do our roof. When I got quotes to get a new roof on a similar sized potential purchase, the big name companies that advertised well were still $35k but the smaller guys were $10-$15k less.

Windows was similar tale - on my last remodel I got two quotes for window places to replace my 8 basement windows - quotes came in around $1500-$2000 per window installed. I ended up using my kitchen guy to do the windows with me - got the windows for $100 a pop from Home Depot and paid him right around 2 hours of labor per window to install (he charges $75 an hour).

Sadly everything is like healthcare - I cash paid $80 to have a mole removed when my insurance company would have been billed $400

Cash.

I made the mistake of not finding a smaller guy to do it.

 

[mmmcdowe]

Windows are insane - I had the exact same reaction when I looked into doing my basement windows.

Splenda - did you cash pay or go through insurance? My experience with roofs was when it was an insurance claim, it was $35k to do our roof. When I got quotes to get a new roof on a similar sized potential purchase, the big name companies that advertised well were still $35k but the smaller guys were $10-$15k less.

Windows was similar tale - on my last remodel I got two quotes for window places to replace my 8 basement windows - quotes came in around $1500-$2000 per window installed. I ended up using my kitchen guy to do the windows with me - got the windows for $100 a pop from Home Depot and paid him right around 2 hours of labor per window to install (he charges $75 an hour).

Sadly everything is like healthcare - I cash paid $80 to have a mole removed when my insurance company would have been billed $400

Yup as much as I prefer to work directly with local companies, there is so much arbitrage nonsense going on where all these people are taking commission it has been really hard to find unencumbered companies. Also learned the home Depot trick after getting crushed for like 20k on one floor of windows. Slowly through building relationships I've found honest local people for plumbing, etc, but it takes a long time and a lot of dead ends with dbags telling you need a 5 k wall teardown for a 100 dollar leaky spigot.

 

[eyeeye_captain]

Saw a post in a different thread about if you’re going to make your kids get a job in high school.

I was kinda taken aback, despite working in a nerdy field where most folks never had one before residency. My wife and I worked cash only gigs before I think either of us was technically legal to be on a payroll. Planning to throw mine on as soon as possible so they know the value of a dollar and fortunately have good connections to get them started down the road.

 

[gutonc]

Saw a post in a different thread about if you’re going to make your kids get a job in high school.

I was kinda taken aback, despite working in a nerdy field where most folks never had one before residency. My wife and I worked cash only gigs before I think either of us was technically legal to be on a payroll. Planning to throw mine on as soon as possible so they know the value of a dollar and fortunately have good connections to get them started down the road.

I bought my kid a car when she turned 16 (which was as much a present for me as it was for her) but the deal was that she needed to pay for her own gas and insurance, and in order to do that, she needed to get a job. So she did. Best idea ever.

Not counting a paper route, I've been working at least PT since I was 15.

 

[dpmd]

Saw a post in a different thread about if you’re going to make your kids get a job in high school.

I was kinda taken aback, despite working in a nerdy field where most folks never had one before residency. My wife and I worked cash only gigs before I think either of us was technically legal to be on a payroll. Planning to throw mine on as soon as possible so they know the value of a dollar and fortunately have good connections to get them started down the road.

Are you going to make them work for the money or just use or as a tax shelter like a lot of people do?

 

[eyeeye_captain]

Are you going to make them work for the money or just use or as a tax shelter like a lot of people do?

I’m not opposed to a good ol’ tax shelter, but no, they’re going to be working some kind of crappy entry level job.

I’m not Red from That 70’s Show, but our family backgrounds are very blue collar and I think there’s a lot of value in hard work and being able to speak to/relate to folks who don’t have the income a doc’s kid has. I’ve literally dug my share of ditches, and it was at least as formative as going to the brand name schools I did (thanks scholarships).

It’s not a flex. I just think that even though I want my kids to have all the advantages, they should pull their own weight as well.

 

[goldsummer]

Think I'm investing around 100-110k a year at this point.