Tundras live: Agree to disagree (a lesson in civility)

Pretty sure the internet is God's gift to insomniacs. Much easier to deal with it if you can do something or get some kind of interaction.

 

You must be doing something wrong…

 

I should probably let you in on the secret about 30 year mortgages.

 

Exactly. People often don't realize what they don't 'need'. But even with homes, most people buy outside what they can sensibly afford and wind up wasting horrible amounts of money on huge loans. For some, it's like they give up and give in to the madness of everlasting debt, and pay the minimum on the 30 year loan; when they could forego X-boxes and extravagant dinners and pay off the loan earlier. It's tougher on families when you want your kids to have things and go places; but I bet nobody on this thread is more fond of having played Nintendo when they were a kid than they are of sandlot baseball or wading in a creek catching frogs. To your point, it's all about choices.

 

No joke there.
Got a refi last year, 15yr @ 2.0

 

Congratulations!

Cutting the loan term in half cuts more than half off the interest, even at minimum payments. My wife and I (granted, we're DINKs) were able to pay off our note in less than 5 years, and only paid about $17k in interest. With a smidge of the roughly $250k of interest waste we saved over minimum payments on a 30-year loan, and keeping our 10+ years old cars for as long as we could stand; we paid cash for a new '20 RX350 and '20 Tundra (and mods... and more mods...). We're not wealthy, we're just willing to forego some extravagances lots of folks take for granted. Plus, no kids on the payroll... Being out of debt makes money way more powerful.

 

Makes me hungry for some. My only friend that really likes sushi has it with his wife twice a week, so we never wind up going. First world problems...

 

Thanks!
Congrats to you guys too, that awesome dedication!
Except the house loan, we're debt free. There's a lot of things I want that I can afford but either don't want to spend my cash or get another loan. With one exception, I need a tractor and might get a Kubota 0% loan and keep that cash in the bank making 3%.

 

More for you??

 

What bank is giving you 3%

 

Our house will be paid off on Monday, 15 years early. No other debt. We pay for everything with the credit card and pay it off every month. 2% cash back card.

We're not tightwads but we definently try to live well below our means. That makes things like a new pool pump motor, which I had to get today, no big deal.

 

Congratulations on paying off the house.

 

Thanks, it feels good for sure. We had to move 15 years ago to get our youngest into a different school. Only way we could afford it was a 30 year mortgage. The house we moved out of was 3 years from being paid off. No regrets, daughter got a masters from William and Mary. She was headed for a HS certificate in crack whore in the high school we left behind.

 

Just a local Credit Union.
It's a secured savings account, couple stipulations to it. Must deposit at least once/ month (we set up auto deposit) and you can't touch it for 6 months to start earning 3.1%. If you withdrawal, the 6 months starts over.

 

Nice, we have a money market savings account at our credit union. You have to have $1500 in checking, everything over that goes into the savings account. I'll have to see if they have a similar option. The savings account was only paying 0.75% last I checked.

 

That's a cool idea.
Yeah check it out .75% is a good rate for a standard savings these days.

 

Good stuff - at least the outcome. Mountains seem like mole hills when we're moving them for our kids...

 

I must have a really bad allergy to fish and it's extremely fast acting. As soon as any fish touches my tongue, I get an immediate gag reaction and feel sick to my stomach.

 

I seem to remember you saying that there's a place that does battered and fried fish that you drown in tartar sauce and booze and you're fine. Sushi has a lot of flavorful sauce options, and you could have sake with it. You may just be a closet sushi fan and not even know it.

 

I actually like the sushi that doesn't have fish in it, I think it's the California one. Then again I might like it cause I cover it in wasabi, soy sauce, and those pieces of ginger before I eat it. At that point you really don't taste the actual piece of sushi.

 

And that's just nasty to me. I don't like sweet potato rolls, spam rolls, or the ones with big chunks of mango.