Thursday, April 02, 2009
Bring Home the Bacon
In continuing with things I notice about the world, today it is the cause and effect things. For instance investors tend to think that a company that has layoffs during a recession is mostly a good thing. That is why the news might be, "worst layoffs in 26 years", yet the markets seems to always go up when something like that happens. My belief is that a leaner company can get through tougher times. So I would not be surprised if "wal-street" gets better while "main street" gets worse as more jobs get shed. Then the government will create jobs of their own to make up for it and it'll balance out in the end. The reality is they are all related somehow. Anyways, enough about the economy, it will get better.
I am almost about to have a second job after I give them my estimates for length of time to complete. It'll probably last 3 months. It is a relief. For some reason when I think about our future baby I get this "father provider" kind of feeling, like I need to bring home the bacon and then some. In my opinion it would be better if Holly didn't have to work during the formative years. Given that kids can cost $200,000 to $400,000, it makes sense to have enough to provide for them as well. So her working is better financially but probably not as good developmentally. In subscribing to the Dave Ramsey school of thought drastic things need to be done to get out of debt. Like sell the cars, get junker cars, use the additional savings of car payments to pay off debts. Then live off of rice and never go out to eat. Pay off all debts in 12-18 months and get a nest egg growing after all debts are paid off. That is different as most people think you need both at the same time and in turn it then takes 3-5 years to pay off debts that it could've taken 18 months. It is an interesting concept and it works, but I don't know if I have the guts to do it. Maybe this second job would take care of everything without having to sacrifice. That is the best of both worlds.
Then 3 to 5 years down the line we may get a new house. I know Holly didn't pick this house when she married me and the mothers seem to think the stairs are dangerous. I've only tripped down them once. We'll put up gates for the baby and stuff. I got the house with the idea that we will be able to have it for 30 years. But a new house would be cool as well. When we are ready we will do it. It doesn't matter where you live as long as you can do the stuff you always do. I hope mom can realize that as time goes on as I can see assisted living in her future. Anyways, a recent article came out about how blogging is theraputical. I can see that as I like to get my thoughts out there. Baby, finances, life, world affairs, a house, old age and all of those things get put on this blog so I don't have to think about it anymore. And that is my thoughts. What are yours?
I am almost about to have a second job after I give them my estimates for length of time to complete. It'll probably last 3 months. It is a relief. For some reason when I think about our future baby I get this "father provider" kind of feeling, like I need to bring home the bacon and then some. In my opinion it would be better if Holly didn't have to work during the formative years. Given that kids can cost $200,000 to $400,000, it makes sense to have enough to provide for them as well. So her working is better financially but probably not as good developmentally. In subscribing to the Dave Ramsey school of thought drastic things need to be done to get out of debt. Like sell the cars, get junker cars, use the additional savings of car payments to pay off debts. Then live off of rice and never go out to eat. Pay off all debts in 12-18 months and get a nest egg growing after all debts are paid off. That is different as most people think you need both at the same time and in turn it then takes 3-5 years to pay off debts that it could've taken 18 months. It is an interesting concept and it works, but I don't know if I have the guts to do it. Maybe this second job would take care of everything without having to sacrifice. That is the best of both worlds.
Then 3 to 5 years down the line we may get a new house. I know Holly didn't pick this house when she married me and the mothers seem to think the stairs are dangerous. I've only tripped down them once. We'll put up gates for the baby and stuff. I got the house with the idea that we will be able to have it for 30 years. But a new house would be cool as well. When we are ready we will do it. It doesn't matter where you live as long as you can do the stuff you always do. I hope mom can realize that as time goes on as I can see assisted living in her future. Anyways, a recent article came out about how blogging is theraputical. I can see that as I like to get my thoughts out there. Baby, finances, life, world affairs, a house, old age and all of those things get put on this blog so I don't have to think about it anymore. And that is my thoughts. What are yours?
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