Sardonic Catholic Dad

Fear Not

2020-04-28T19:14:00.001-04:00

In the bible, when God tells people to "fear not", many times it's right before he sends them out to do something or giving them courage in their journey.

He's not telling them Fear Not and Shelter in Place.

Why have people become so afraid of dying?

I thought it was common knowledge, but Everyone is going to die.

People today want the government to protect them from everything. It's like people think the government can pass a law outlawing death.

Will the so called cure (social and economic destruction) be worse than the disease?

12,000 people die each year from falling down stairs. 10 years ago my grandmother was one of those. I demand the government outlaw all stairs. All buildings must have 1 floor only. And no basements or attics allowed. All existing buildings must be torn down to one level. Starting with New York city, since they are currently the home of the largest collection of whiners in the world and want the government to do everything for them... starting with the mayor's home and office.

Let's act like adults and be responsible for ourselves. If you are old, fat, diabetic, have cancer or heart disease or high blood pressure or some combination of those, play it safe.

As for the rest, there is a growing minority that is ready to get on with living. Because the way things currently are is not living.

"No one's getting out of here Alive"

DOA Food Fighters

Covid19 Mask is Good to Go

2020-04-27T09:08:00.001-04:00

Washington Post Article on the Fam

2016-08-12T11:12:00.002-04:00

WaPo did a story on our family. Here is the link

April Side Gigs

2014-04-29T23:30:00.000-04:00

This month's extra $$$ from side jobs.

Tutoring $330
Online Surveys $9
eBay sales $2.10
Lawn mowing $360

Total for the month $701.10

$201.10 added to the emergency fund.
$500 added to retirement accounts.

A Frozen Father ("Let it Go" Dad Parody)

2014-04-12T09:57:00.001-04:00

The $90,000 Lunch

2014-04-08T10:23:00.001-04:00

March Savings and Net Worth

2014-04-01T19:40:00.000-04:00

Normal monthly savings:
401k (includes match) $867

Roth IRA (Hers) $300

Roth IRA (His) $300

HSA account $500

Taxable Mutual Fund $210

Emergency Fund $300

Extra monthly savings:

Extra EF from side-gigs $292
Extra EF from money squeezed out of budget $140.25
Extra saved from Tax Refund (went in various accounts) $5,000

Total saved for the month $7,909.25
An unusually high amount due to tax refund hitting our accounts in March.
Due to a lousy stock-market in March, the net worth didn't go up by much.

Net Worth as of 3/31/14 $569,215
Increase year-to-date $20,544

I Was Featured on One of my Favorite Financial Sites

2014-03-27T21:14:00.000-04:00

Recently I was asked to do a guest post on one of my favorite financial sites, Mad Fientist

At the risk of sounding very self-promoting, check it out Here

Everyone was very kind with their comments and it was a great experience

Staying Balanced

2014-03-23T20:41:00.002-04:00

Keeping the balance between saving for tomorrow and enjoying life today is a challenge for me at times. I am much more inclined to save money for the future than to spend it now. I realize that it's better to be a compulsive saver than a compulsive spender. But how does one reach a balance?

Unless you have $10 million in the bank or are deep in debt, this applies to you. If you are incredibly wealthy you can spend today and tomorrow and way into the future and you don't need to worry about balance as much. Likewise if you are in debt than you should be doing everything you can to get out of debt and start saving like crazy. Actually if you are in debt why are you even reading this? You should be working 2 or 3 jobs to get out of debt. Then you can come back and browse all the time-wasting websites you want.

I have to mentally stop myself from trying to save every dollar I make that doesn't get spent on necessities. I need to remind myself it's OK to let down what little hair I have left and spend a few dollars every now and again. Especially while I am not a geezer and can actually enjoy it.

I could save even more if I wanted to. But since we are on track to retire in 13 years, I feel comfortable with the balance we currently have. Besides we have too much fun going to the beach each year, letting the kids participate in a reasonable amount of sports and other activities, having a summer pool membership (well the wife and kids enjoy that, going in some skanky water with 200 sweaty obese people doesn't hold much appeal to me, the wife and I go out for lunch on the 20th of each month to celebrate our wedding anniversary.

I have no problem keeping the thermostat on 60 during the winter if it helps pay for beach house during the summer. Or reusing ziplock baggies if that means we can grill some steaks every now and again.

Listen I'm not gonna go nuts with the spending though. You aren't gonna catch me in a Starsux, ever. And I won't be paying to go to a yoga class and have someone teach me how to pose (you people ever heard of YouTube or borrowing DVD's from a library?). And my wardrobe will still consist of hand-me-downs and thrift store bargains.

So let's all lighten up and enjoy life a bit. Go on vacation once in awhile, send your wife to Victoria Secrets, let your kid have peanut-butter and jelly.

PS-don't tell my wife and kids I said it was ok to spend money on occasion.

The Rule of 752

2014-03-17T01:00:00.000-04:00

Like Area 51, the Rule of 752 is all about hidden power!!!Take a weekly expense and multiply it by 752. The result is the real cost of that expense over 10 years had you invested the money instead. Can you feel the Power?

Spend $20 on picking up coffee on the way to work each week instead of drinking the free stuff at the office? If invested that would be $15,040.

Eating $25 worth of lard at McFat's for lunch every week? That equals $18,800.

Sucking down $30 worth of suds weekly? $22,560.

Blowing $35 a week on smokes? Well that could buy you a nice car after 10 years. $26,320.

Trim $100 a week from you budget through a combination of things and you will have $75,200 after 10 years. Enough to get all the plastic surgery your heart desires.

You get the idea. Just another way to think of real costs of those little "harmless" purchases.

No I didn't make up the Rule of 752, just passing it on. I believe that Triple M came up with it.

Go Ahead and Splurge

2014-03-13T15:26:00.000-04:00

No really, I'm serious. Splurging once in a while can help you get out of debt faster and save more in the long run.

If you are constantly paying down debt and/or stashing money into savings and doing nothing fun, you may soon become frustrated. Especially if the results are slow in coming. And then you might go out and blow a ton of money on something silly instead of just blowing a little bit.

Living like a desert monk is good for the finances but all that scrimping and saving can get to you. Instead set aside a bit of money each payday for fun. Call it your Blow money. Once you have it, go Blow it on something. Dinner out, new shoes, a box of Lucky Charms cereal, disco-ball, whatever meets your fancy.

Just don't go bonkers and spend tons of money each payday doing this, make it a reasonable amount for your current financial situation.

Want to splurge on a larger purchase? Then save your monthly splurge money until you have enough and then go for it. Buy that leopard-print couch or that autographed collection of Kim Kardashian bikini pictures*.

*this blog does not endorse the buying of this product, nor accept any responsibility for what happens to your eyes if you look at this product

Over the Top Birthday Parties

2014-03-11T20:38:00.000-04:00

The following rant was promoted by an article on kid’s birthday parties that I recently read.

Kid’s birthday parties should cost under $50, actually they should cost under $25 but I’m feeling generous.

What is it with parents taking kids to places like; build-a-badger, laser tag, bowling alleys, gun clubs, fashion shows etc…Did they have such deprived childhood’s that they have to live through their kid’s? Are they guilty about something? Wusses who can’t say no?

These are the same people you hear complain about never having enough money as they are heading to the mall in their leased car to shop. Well, duh. Waah, waah waah, someone call the waahmbulance.

Party-bags?! Really? We just fed and entertained your sugared-up brats for 3 hours and now we have to give out a party-bag! What’s that you say? You gave my kid a gift? Well no sugar Sherlock, it’s his birthday you douche. But you know what? We don’t really need any gifts; we have enough junk in our house already. But if you want a party-bag for your kid filled with dollar store crapolla, then fine, enjoy. I hope that in the middle of the night you step on some small plastic pieces while walking around barefoot.

So tell me what’s the deal with inviting tons of kids? I hear of parents inviting their kid’s entire school class so no one’s feelings get hurt. Hey kid, you were not invited because my kid thinks you are a booger-eating-goober. Get over it, that’s life. Thank God my kids are homeschooled. My kids get a party from ages 5 thru 10. And that’s it. And they get to invite one friend for each year old they are.

Social media like; Facebook, Instagram and Vine just make matters worse. People post all their self-indulgent pictures and videos of events like birthday parties. They are just showing you a small slice of life. The good life, through a rose colored internet. They want you to think that everything is all peaches and cream. When underneath the peaches are rotting and cream is curdling. Guess what? You might be fooling others and even yourself for a while, but you ain't fooling us.

Gift registries for kid’s birthdays, really? I’m speechless.

Some of the more outrageous themes in the article: ice sculptures, snow machine parties (for backyard sledding), karaoke bar, live animals, spa parties (yes at a spa). In that light hauling a bunch of brats to the bowling alley or Chucky E. Cheese is kinda quaint, still stupid, but quaint.

Be careful. You give your little girl a 5th birthday party that costs $500 and you are gonna have a helluva bill when the princess gets married. And you sure aren’t doing your future son-in-law any favors.

#throwing #birthday # parties #over-the-top #sucky #parents

#suckyparentsthrowingoverthetopbirthdayparties

February Savings and Net Worth

2014-03-01T01:00:00.000-05:00

Monies put away in savings during February:

401k (includes match) $867

Roth IRA (Hers) $300

Roth IRA (His) $300

HSA account $500

Taxable Mutual Fund $210

Emergency Fund $300

Extra EF from side-gigs/found money $305

Total saved for the month $2,782

We may have to trim the amount going into savings in the spring/summer since the kids have more activities (sports and such). But we won't let it go below $2k per month. In late spring thru early fall, I have regular side-gig work of $500-$700 per month (cutting lawns 1 or 2 evenings per week after work. I've been doing that since 1992). So I am hopeful we can stay in the $2,500 per month range.

The grass cutting money is normally used to max-out the HIS and HERS IRA's. We will retire before we are old. We also use some of the money for our vacation at the beach.

Net worth as of 2/28/14 $562,301.00
Increase year to date $ 13,631.00

February Side Gigs

2014-02-27T14:07:00.001-05:00

My stay at home bride makes extra $$$ now and again by watching others kids a few hours at the time or by tutoring them. She home-schools our kids, so mixing in another one isn't too much stress...I think...

This month's extra $$$

02/06/14 - childcare $40
6 days this month - tutoring $150
02/20/14 - childcare $40
02/27/14 - childcare $25

Total for the month $255

Plus $50 bill found on side of the road while running.

Grand total $305

$305 extra dollars added to the emergency fund.

Running Pays Part 2

2014-02-26T15:49:00.002-05:00

Found a dime (the coin, not a bag of weed) while running yesterday. Yes I stopped and picked it up.

Running Pays

2014-02-23T14:41:00.001-05:00

I've been a life-long runner. Well since I was 12. I run daily, as in everyday. About once a month I find loose change on the road, usually nickels and dimes. 5 years ago I found a $20 bill one morning.

Today that was topped. Found this on the side of the road. Mushed into some gravel and leftover road-salt. I'd like to put it into one of our retirement accounts. My bride wants me to take her out to dinner.

Curse you Mr. Snow Miser

2014-02-18T13:34:00.000-05:00

Average monthly utility bill for last year $350
Average monthly utility bill during the winter $450
January actual utility bills are all that cold and snow $597

As a side insult, the older I get, the more faggy I get about the cold. I need to move to Florida.

Getting a Tax Refund?

2014-02-08T12:43:00.003-05:00

Getting a chunk of money back from the Feds and/or State? What to do with that money? Here is the strategy we use each year. I will use a refund of $5,000 to make the example easier.

10% - $500 to Charity
10% - $500 hers
10% - $500 his (which really means hers)
70% - $3,500 to savings (retirement, emergency fund, regular savings)

So 20% will probably be going for wicker furniture or upgrading a bathroom or new drapes or some other exhilarating project. Sadly it probably won't be going towards a shopping spree at Victoria Secrets.

If we had any outstanding debt I would use at least half of the 70% for debt repayment.

Don't forget to consider adjusting your withholding with your payroll department so you get more money each paycheck instead of a large refund. The only reason we get a tax refund is because of the EIC (earned income credit) we get because of all the yard-apes. Yeah I know the EIC is basically a commie program to keep crack-heads happy, but as long as the morons in D.C. are giving it out, I'll take it.

Now all I have to do is finish gathering all my 2013 tax docs so I can get my refund. Lame I know. I should have done that by now.

Here is an article from Money Talk News with other suggestions on how to use your refund.

Here are the highlights from the article:

4 smart uses for a tax refund

1. Create an emergency fund

2. Save on insurance

3. Start a business

4. Save for retirement or college

10 dumb things to do with your tax refund

1. Spending it rather than investing it

2. Spending it rather than paying down debt

3. Spending it on something that won’t lower next year’s taxes

4. Failing to create a memory

5. Loaning it to someone

6. Not doing something to improve yourself

7. Using it to create more debt

8. Failing to prevent future big refunds

9. Going to the mall

10. Using it to sustain an unsustainable lifestyle

A Short Post About 2013

2014-01-24T22:14:00.000-05:00

Been awhile. Been busy. Life and Stuff.

Here are a few stats from our 2013 budget/expenditures. The good and the not so good.

Groceries:

This is for a family of 14. At any given time 1 or 2 kids could be out of the house but we also have friends, acquaintances and those we can hardly tolerate over for meals a lot.

Food and Drink Expenditures for 2013 (includes eating out).
Year - $15,120 ($1,080 per person per year)
Monthly - $1,260 ($90 per person per month)
Daily - $41.54

Average cost per meal per person = $1.15. I used 12 family members since sometimes kids are out of the house. But really it's more like 99 cents per person per meal.

We used to spend $1,600 per month a few years ago. But when Aldis opened our monthly bill dropped dramatically.

Granted some of the kids are young. But 7 of them are age 12 and older. Plus my wife eats like she is going to the chair.

And no we aren't eating junk all day long. Plenty of fruits, veggies and meats. Everyone is fairly healthy...well Sam is coughing like she's gonna hack up a spleen, but she'll live.

I could save even more if I could break the gallon-a-day milk habit my kids have.

The Feds need to take cost efficiency advice from us.

Utilities:

Average Monthly Expenditures

Electric - $250

Natural Gas - $115

Water - $100

Average per month for all 3: $465

Before 2013 we were spending well over $500 per month. So it's improved but is still too high. This older rambling house that has been added on to many a time is very inefficient to heat and cool. And 5 loads of laundry and 2 loads in the dishwasher daily adds up. Plus thankfully the kids bathe/shower daily...for the most part.

Retirement Savings:

Without going into specific dollar amounts. I was able to funnel 30% of my salary into retirement investments. A major improvement over years past when it was usually in the 10-15% range. The main reason for this was the paying off of our mortgage in the fall of 2012.

Medical Expenses:

$225 per month. I could reimburse myself for these costs from my Health Savings Account (HSA) but choose to pay for them out of pocket and let the HSA buildup tax-free.

Gasoline:

$150 per month (no work commute and no excessive hauling the kids around)

Kids Activities/Sports/Piano/Trips/Fun etc:

$200 per month

Homeschool Expenses:

K-8th grade (5 kids) -$1,000 for the year. That is mostly for an at-home tutor/teacher helper. Less than $100 was for books and supplies.

Tutor Fees for 2 high-schoolers - $5,050. Plus a few hundred dollars for books.

It's Two Months to Christmas

2013-10-25T01:00:00.000-04:00

Have you finished your shopping yet? Have you even started?

Plan gift-giving well in advance. That will give you time to decide on the most thoughtful gifts, which usually are not the most expensive ones. And if these gifts are products that must be purchased, you will have the opportunity to look for sales.

Take time through out the year to buy a little at a time and put it away. My bride has dozen's of gifts hidden away that she uses for birthdays and Christmas.

Consider giving your kids just 3 gifts this year. If 3 were good enough for baby Jesus than they should be good enough for the rest of us.

We used to do the 3 gift rule, then someone I'm related to by marriage decided we were Rockefeller's. So the kids actually get more than 3 now, why? Beats me. Supposedly we are going back to the 3 gifts per person rule for this year, we shall see.

Got a big old family? Pick names and just give one gift. Or do one of those silly gag present exchanges than my in-laws seem to think is so much fun but is really annoying and tired.

Buying for someone that has "everything"? Give a gift to a charity in their name. Or a subscription to the Jelly of the Month club.

Need something for your bride? Don't want to spend a lot? Write her a letter, give her coupons for: walks, dessert dates, back rubs etc...be creative.

Bake for people. Especially for guys. Need gifts for mail man, trash men, teachers, delivery guys? Fire up the oven and get baking.

Beware saying yes to every event, cookie exchange, caroling session, party, play etc...try and chill a bit and enjoy.

Don't forget to shop the after-Christmas sales, but use self control. Great deals can be found on wrapping paper, gifts and lights. You really think you lights will be working next year after sitting in the basement for 12 months?

Tip of the Day

2013-10-24T00:30:00.000-04:00

Instead of going out to dinner with friends, take turns hosting dinner parties.

Have an afternoon cookout with the adults and the kids. Or do a later in the evening dinner party just for the adults.

Host family supplies the main dish. Have others bring the sides, salad, desserts and drinks.

Tip of the Day

2013-10-23T00:30:00.000-04:00

Extending the life of your cell phone battery.

Turn the phone off
Stop searching for a signal.
Do not follow the method of full charge and full discharge. Avoid letting your cell phone's battery run all the way down.
Turn off your phone's back light

See the rest of the tips Here

or just

Tip of the Day

2013-10-22T00:30:00.000-04:00

How much to save? Aim for 10% minimum and try and increase it from there. But have a method to your madness. Have a goal....house down payment, car, retirement, emergency fund. And have a plan to reach that goal.

Tip of the Day

2013-10-21T00:30:00.000-04:00

Make your monthly loan payments forever. That;s right, never pay that car off. But pay yourself instead of the lender. Many of us have monthly loan payments, whether for a car loan, credit card debt, a mortgage, or all of the above. When you’ve finally paid off a debt, try to keep it up. But instead of sending a check to the lender, deposit the money into a savings account. You've increased your net worth by paying off the debt; now keep up the good work by building up your assets.

Say you've got a car payment that is $435 a month and you finally get that sporty Camry you bought paid for. That car is gonna last another 10 years if you care for it. Keep "paying" that $435 a month, but dump it into a savings account or a mutual fund, depending on your goals. In another 10 years that payment will be worth over $52,000 even if its sitting in a crappy savings account and over $60,000 if its in a mutual fund. Unless of course the economy goes into the crapper.

Tip of the Day

2013-10-20T00:30:00.000-04:00

"Crooks are taking advantage of the difficult economy, including tighter credit and higher unemployment, to trick people into accepting fraudulent and deceptive offers that seem beneficial on the surface but actually could cost a lot of money or result in identity theft," said Michael Benardo, manager of the FDIC's Financial Crimes Section.
Here are some common schemes being reported:

Mortgage rescue schemes

Other credit-related scams involving upfront fees

Work-at-home scams

"Mystery shopper" scams

As in anything finance related, use common sense, and realize if it sounds to good to be true...it certainly is.

Never give out personal info, such as: social security number, account numbers, credit card numbers etc...unless you are positive you are dealing with someone reputable. When in doubt walk away or hang-up. Better to be thought rude than be in the poor house.