About Me

Paulette Goddard

Lives in PNW. Immigrant born and raised poor, trying to keep up with lifelong middle-income dual-parent Americans, aka Joneses.

I removed the cash advance text and link

Amortization schedule: 02/2023
Actual term end-date: 08/2023
Desired end-date: 03/2020

Liabilities
Mortgage outstanding: $142,228.89

Summer Camp: $1625.00 ($1625) - CDs
Emerg Fund: $20200

Saving Tracks
1. Repl. Car: $15800
4/25 - $2550
8/7 - $5160

2. Roth IRA 2008: $5000
4/25 - $470.00
8/7 - $2850.00

3. non da yo Tokyo: $3250
4/25 - $392.00
8/7 - $1187.00

4. Kitchen: $36000
8/7 - $400.13

5. Refrigerator: $850
5/15 - $100
8/7 - $850

6. Disability Insurance
7/25 - $0

7. laptop
7/25 - $0

-------Dream Pipeline-------
flat panel monitor
Basement windows replaced
Refinished Floors
Electricity revamp
New Roof
re-covered chair and chesterfield

My Pages

$20 Challenge

The financial tug of war

December 28th, 2006 at 07:26 pm

He wants a $1400 scooter.
She wants to put $2000 toward her Roth IRA contribution so she can make her full contribution.

Yes, of course there is more to this than meets the eye. Do they have any other vehicles? How old and useful are they? Is he contributing to his own retirement? Why does he want a scooter? How much more in insurance, gas, and maintenance will be subtracted from their budget? Do they have enough in savings to cover both? These are wants -- what if a need comes up after their wants have been met?

Wouldn't saving up for a hybrid or fuel-efficient four-wheel "covered wagon" do? How about using one scooter and one car? Will she ditch her car-sharing plan to offset the costs of the scooter?

Posted in Uncategorized | 4 Comments »

4 Responses to “The financial tug of war”

MsSuperSaver Says:
December 28th, 2006 at 08:14 pm

I would side with her for a couple of reasons...here in the PNW it is pretty miserable riding on a two wheeled anything for eight months out of the year due to the rain and cold. More importantly, unless you are tooling around downtown areas with very low speed limits, the danger of getting in a wreck is just too great (not to mention the $4000 ambulance ride to Harborview of the $6500 Airlift ride to Harborview which can really put a dent in your budget). Just my 2 cents...
fern Says:
December 29th, 2006 at 07:33 am

I imagine that the insurance for a scooter is very high.
PRICEPLUS Says:
December 29th, 2006 at 10:05 am

Scooters and motorcyles are known as Donorcycles to nurses in my wife's ER. I side with She on this one! Saving is better than a possible major injury event!
LdyFaile Says:
December 29th, 2006 at 03:11 pm

Actually insurance for a scooter is extremely cheap. A friend has one and it's like $12/mo.

I would love to have a scooter for the gas miles but it's not practical when it rains here about 85% of the time.

Quid, Me Vexari

A series of "goal" posts for handling my finances.

The financial tug of war

4 Responses to “The financial tug of war”

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