Borrowing Money From My Daughter

[ArchietheDragon]

May 19, 2015 13:25:33 GMT -5 NoNamePerson said:

May 19, 2015 7:26:05 GMT -5 ArchietheDragon said:

I don't think so, just going from previous experience.   We have always been able to save pretty well when we are both working.   With 3 kids it will be different, but I don't think it will be different enough to change that.  We need to figure out daycare and schedules for next year.    But before she took her maternity leave we had about $20k in savings which was built up over time just by having a positive cash flow.    

So you are saying it cost $19,400 for her to take maternity leave? Had no idea maternity leave was so expensive. But bonding time with baby is priceless  

Hell yeah it is priceless..... not sure that calculation works.   it actually cost $45,000 because that is the money she wasn't making during the time. 

[swamp]

May 19, 2015 11:07:32 GMT -5 Peace77 said:

It's time to put the credit card in a dish of water rinsed baggie and put the dish baggie in the freezer.

fixed.

[TheHaitian]

May 19, 2015 13:30:20 GMT -5 ArchietheDragon said:

May 19, 2015 13:25:33 GMT -5 NoNamePerson said:

So you are saying it cost $19,400 for her to take maternity leave? Had no idea maternity leave was so expensive. But bonding time with baby is priceless  

Hell yeah it is priceless..... not sure that calculation works.   it actually cost $45,000 because that is the money she wasn't making during the time. 

So
$45,000
+
$20,000
--------------
$65,000

Spend 14 months with your son: priceless

[ArchietheDragon]

May 19, 2015 13:34:08 GMT -5 swamp said:

May 19, 2015 11:07:32 GMT -5 Peace77 said:

It's time to put the credit card in a dish of water rinsed baggie and put the dish baggie in the freezer.

fixed.

Both are crazy.    

[Deleted]

May 19, 2015 13:34:39 GMT -5 TheHaitian said:

May 19, 2015 13:30:20 GMT -5 ArchietheDragon said:

Hell yeah it is priceless..... not sure that calculation works.   it actually cost $45,000 because that is the money she wasn't making during the time. 

So
$45,000
+
$20,000
--------------
$65,000

Spend 14 months with your son: priceless

Well, they weren't paying daycare during that time.  Oh wait, yeah they were. 

[ArchietheDragon]

May 19, 2015 13:34:39 GMT -5 TheHaitian said:

May 19, 2015 13:30:20 GMT -5 ArchietheDragon said:

Hell yeah it is priceless..... not sure that calculation works.   it actually cost $45,000 because that is the money she wasn't making during the time. 

So
$45,000
+
$20,000
--------------
$65,000

Spend 14 months with your son: priceless

How could you not want to spend time with this guy?

[Deleted]

May 19, 2015 13:35:45 GMT -5 minnesotapaintlady said:

May 19, 2015 13:34:39 GMT -5 TheHaitian said:

So
$45,000
+
$20,000
--------------
$65,000

Spend 14 months with your son: priceless

Well, they weren't paying daycare during that time.  Oh wait, yeah they were. 

Not for an infant though...

[wvugurl26]

He is adorable.

[Deleted]

So. You spent about 19-20k in place of her 45k income. I think you'll be ok.

[MJ2.0]

time to get him into baby modeling so he can earn his keep.

[t-dog]

He's a cutie - so do your fatherly protective move and buy some life insurance to protect him. Seriously, I only pay $16 a month for mine so I don't understand why you won't buy it.

[Peace77]

May 19, 2015 13:34:56 GMT -5 ArchietheDragon said:

May 19, 2015 13:34:08 GMT -5 swamp said:

fixed.

Both are crazy.    

How is it crazy?
You said you are running -$1550 each month.  You have to borrow from your kids.

You can't afford to pay off the credit card this month and have just a few months left of minimum payments in your savings account.

There's no money for Starbucks or other luxuries unless your wife is going to start earning money NOW by babysitting or tutoring.

[Deleted]

May 19, 2015 18:42:16 GMT -5 Peace77 said:

May 19, 2015 13:34:56 GMT -5 ArchietheDragon said:

Both are crazy.    

How is it crazy?
You said you are running -$1550 each month.  You have to borrow from your kids.

You can't afford to pay off the credit card this month and have just a few months left of minimum payments in your savings account.

There's no money for Starbucks or other luxuries unless your wife is going to start earning money NOW by babysitting or tutoring.

He has plenty in taxable accounts though...just doesn't want to cash them in.

Actually, borrowing from the kids might be a good psychological spending check for his wife.  "Look Dear, now we're taking from the kids!"  Meanwhile keeping the real emergency fund tucked safely away. 

[GRG a/k/a goldenrulegirl]

Did some of the $20k go toward the cost of that very cool wooden tree house in the background?

[ArchietheDragon]

May 19, 2015 19:44:45 GMT -5 GRG a/k/a goldenrulegirl said:

Did some of the $20k go toward the cost of that very cool wooden tree house in the background?

It is super cool.   That is my neighbors, though.  Ours came with the house.  

[Cookies Galore]

May 19, 2015 13:36:23 GMT -5 ArchietheDragon said:

May 19, 2015 13:34:39 GMT -5 TheHaitian said:

So
$45,000
+
$20,000
--------------
$65,000

Spend 14 months with your son: priceless

How could you not want to spend time with this guy?

Ew! Babies! Gross! Go away!


Lol, he's a cutie!

[ArchietheDragon]

So we were doing pretty well this month keeping costs down.  I think we may have made it through without borrowing anything.  But then I had to go tonight and crash the van up.  The whole family was driving back home from meeting my SIL for dinner and I dozed off on the interstate.  I was driving in the left lane and drifted left into the guardrail.   Luckily the car stopped in  the breakdown lane and everyone is ok.   Kids took it really well.   They got to sit in an ambulance, drive in a police car, went to a fire station, got coloring books and fire hats, drive in a tow truck.    So they were pretty excited.  I need to be more careful, though.  I have driven a lot when I am tired and have always been fine, but obviously not this time.

So anyway, tow was $82, ticket for not maintaining proper lane is $132, deductible is $1000, we get $30 a day rental, so I assume we will have to pay some out of pocket.


Definitely scary to think how much worse it could have been though...   need to get my shit together.

[Deleted]

So glad everyone is ok. We all get wake up close calls some times. You learn from them, nothing else to do there. Count your blessings and make different choices next time. 

[saveinla]

Jun 6, 2015 21:23:08 GMT -5 oped said:

So glad everyone is ok. We all get wake up close calls some times. You learn from them, nothing else to do there. Count your blessings and make different choices next time. 

And get the life insurance right now.

[Peace77]

Jun 6, 2015 21:50:22 GMT -5 saveinla said:

Jun 6, 2015 21:23:08 GMT -5 oped said:

So glad everyone is ok. We all get wake up close calls some times. You learn from them, nothing else to do there. Count your blessings and make different choices next time. 

And get the life insurance right now.

[zibazinski]

Jun 6, 2015 21:14:27 GMT -5 ArchietheDragon said:

So we were doing pretty well this month keeping costs down.  I think we may have made it through without borrowing anything.  But then I had to go tonight and crash the van up.  The whole family was driving back home from meeting my SIL for dinner and I dozed off on the interstate.  I was driving in the left lane and drifted left into the guardrail.   Luckily the car stopped in  the breakdown lane and everyone is ok.   Kids took it really well.   They got to sit in an ambulance, drive in a police car, went to a fire station, got coloring books and fire hats, drive in a tow truck.    So they were pretty excited.  I need to be more careful, though.  I have driven a lot when I am tired and have always been fine, but obviously not this time.

So anyway, tow was $82, ticket for not maintaining proper lane is $132, deductible is $1000, we get $30 a day rental, so I assume we will have to pay some out of pocket.


Definitely scary to think how much worse it could have been though...   need to get my shit together.

Get some damn life insurance and get some for your wife too.

[Deleted]

Jun 6, 2015 21:14:27 GMT -5 ArchietheDragon said:

So we were doing pretty well this month keeping costs down.  I think we may have made it through without borrowing anything.  But then I had to go tonight and crash the van up.  The whole family was driving back home from meeting my SIL for dinner and I dozed off on the interstate.  I was driving in the left lane and drifted left into the guardrail.   Luckily the car stopped in  the breakdown lane and everyone is ok.   Kids took it really well.   They got to sit in an ambulance, drive in a police car, went to a fire station, got coloring books and fire hats, drive in a tow truck.    So they were pretty excited.  I need to be more careful, though.  I have driven a lot when I am tired and have always been fine, but obviously not this time.

So anyway, tow was $82, ticket for not maintaining proper lane is $132, deductible is $1000, we get $30 a day rental, so I assume we will have to pay some out of pocket.


Definitely scary to think how much worse it could have been though...   need to get my shit together.

Oh holy crap. I am glad every one is okay, but yeah, you absolutely cannot be driving when you are that tired. That is frightening!!!!!!

[Deleted]

Jun 6, 2015 22:11:12 GMT -5 zibazinski said:

Get some damn life insurance and get some for your wife too.

Glad you're ok, but in an instant those kids could have ended up orphans.

[Deleted]

My kids want me to take them to Yellowstone the end of the month.  My biggest worry is falling asleep at the wheel on a drive that long.  I've done a lot of long out west trips, but always with another adult in the car to either swap driving or at least talk to.  My first ex hated to drive and always let me, but he at least kept my brain engaged the entire time.

[Deleted]

Jun 6, 2015 22:21:48 GMT -5 minnesotapaintlady said:

My kids want me to take them to Yellowstone the end of the month.  My biggest worry is falling asleep at the wheel on a drive that long.  I've done a lot of long out west trips, but always with another adult in the car to either swap driving or at least talk to.  My first ex hated to drive and always let me, but he at least kept my brain engaged the entire time.

Absolutely. Find a friend to go with you. Yellowstone is fantastic & I am sure you can find someone to share the ride. I drove to the other side of it (because DD1 was living near it) on my own. That was a long, boring drive & I told DD I was never coming to see her again after that trip, so she better move closer   The park was incredible, but I would definitely want someone with me on a drive that long!

I do two 4 hour round trips each weekend & had to start asking DD2 to ride with me because I was getting really tired. I need someone talking at me or to share the driving with so I don't get too tired on the way back. There were a couple trips on my own where I stopped at rest areas & just closed my eyes for a while. 

[Knee Deep in Water Chloe]

Oh, Archie, that's so scary. I'm glad your family is okay. 
How is your wife emotionally? I know I'd be upset. 

I think you should take a few personal days. 
Get your shit together, asap. 

[Deleted]

Jun 6, 2015 22:33:01 GMT -5 @rockit said:

Jun 6, 2015 22:21:48 GMT -5 minnesotapaintlady said:

My kids want me to take them to Yellowstone the end of the month.  My biggest worry is falling asleep at the wheel on a drive that long.  I've done a lot of long out west trips, but always with another adult in the car to either swap driving or at least talk to.  My first ex hated to drive and always let me, but he at least kept my brain engaged the entire time.

Absolutely. Find a friend to go with you. Yellowstone is fantastic & I am sure you can find someone to share the ride. I drove to the other side of it (because DD1 was living near it) on my own. That was a long, boring drive & I told DD I was never coming to see her again after that trip, so she better move closer   The park was incredible, but I would definitely want someone with me on a drive that long!

I do two 4 hour round trips each weekend & had to start asking DD2 to ride with me because I was getting really tired. I need someone talking at me or to share the driving with so I don't get too tired on the way back. There were a couple trips on my own where I stopped at rest areas & just closed my eyes for a while. 

I've been there twice.  Last time in 2009 when older son was 7.  He's 13 now and really wants to go back, but I keep saying maybe we should wait a few years until you're a driver too.    It gets really dull when they're sitting in the back of the van watching movies or napping.  It's about 17 hours or so.  Ugh.

[TheHaitian]

Jun 6, 2015 21:14:27 GMT -5 ArchietheDragon said:

So we were doing pretty well this month keeping costs down.  I think we may have made it through without borrowing anything.  But then I had to go tonight and crash the van up.  The whole family was driving back home from meeting my SIL for dinner and I dozed off on the interstate.  I was driving in the left lane and drifted left into the guardrail.   Luckily the car stopped in  the breakdown lane and everyone is ok.   Kids took it really well.   They got to sit in an ambulance, drive in a police car, went to a fire station, got coloring books and fire hats, drive in a tow truck.    So they were pretty excited.  I need to be more careful, though.  I have driven a lot when I am tired and have always been fine, but obviously not this time.

So anyway, tow was $82, ticket for not maintaining proper lane is $132, deductible is $1000, we get $30 a day rental, so I assume we will have to pay some out of pocket.


Definitely scary to think how much worse it could have been though...   need to get my shit together.

Wow! Glad everyone is ok buddy!

[milee]

Glad everybody's OK.

If your kids are like mine, they'll never let you forget this. For the next 5-10 years, at the least opportune time, they'll bring it up. When meeting new friends or at a getting to know your teacher night... "hey, Daddy - remember the time when you crashed the car and we got to talk to the police officer?"    It will be fantastic. 

[ArchietheDragon]

Jun 6, 2015 22:43:24 GMT -5 Knee Deep in Water Chloe said:

Oh, Archie, that's so scary. I'm glad your family is okay. 
How is your wife emotionally? I know I'd be upset. 

I think you should take a few personal days. 
Get your shit together, asap. 

DW was shaken. She is feeling better this morning.