Mortgage Monday: More Estimates

Whenever work needs to be done at the house that is beyond my limited capabilities, it is rarely a simple process to get that job done. Early last week I was finally able to set aside the time research some of the contractors and other service providers in the area. Home Advisor was actually a pretty useful tool for this in addition to work of mouth and local publications. We have had our project list pulled together for some time now and I did receive a couple of estimates for a few things that we need done but I am never one to settle for a single quote. So, with a break in the chaos of the week, I pulled together a list and got on the phone making dozens of calls and leaving a multitude of messages. With all the research done and calls placed, the rest of the week was filled with fielding responses to my queries.

The first set of calls that I placed was to some of the reputable tree service companies in the area. There are at least three trees that need to be taken down around the property and probably a few others that will need to come down in the near future. Heading into this initial investigation I knew that this is an expensive proposition as a couple of the trees are at least a hundred feet high and not in an easy location on the property. Additionally, at least one of them is so far gone that scaling in the trunk is not going to be a possibility. Of all the companies I called I was only able to get a hold of one of them who stopped by the house on Friday and delivered an unofficial estimate at a figure that I was in line with my thought process.

The next call was to a company to replace our garage doors. While one is still serviceable the other door is useless at this point and given the age of both it just makes sense to replace the pair (as well as the motors). Again, I already have a quote for this project but it is definitely one that I believe can be beat by, hopefully, a significant margin. This is one of the companies that I will have stopping by the house this week.

The last group of correspondences were to a few of the recommended general contracting firms and smaller craftsmen in the area. The one recommendation that I did receive to install some doors to my office was booked… and when I say booked I mean that he didn’t have an opening in his calendar until February 2017. A couple of the other companies I contact gave me a call later in the week and will be coming out to the house this week as well. It is definitely going to be busy around the house with all of these people coming and going but at least I will have a few sets of numbers to work with.

Fortunately And Unfortunately

Heading to the lodge this week I had a clear cut set of objectives that I needed to address with a number of the brothers who would be in attendance. There have been a few item that have come up over the last week that needed to be worked on immediately and a number of scheduling matters that had to be taken care of so nothing was overlooked heading into the summer. With these projects in place and the responsibilities coordinated, it would afford me the time to take care of a few other tasks so that we could have a clean slate after the stated meeting.

After sitting in an inordinate amount of traffic on my way down and saying goodnight to my son over the phone, I arrived at the lodge with a number of brothers already gathered around one of the dining tables taking care of business. Certainly a welcomed sight knowing all that needed to get done. While I did arrive a touch later than usual, by the time I set my bag down the necessary conversations had already begun. As soon as I sat at the table, I pulled out my laptop and we got to work.

Fortunately and unfortunately, some of the recent difficulties that we have faced earlier in the year have actually put us in a great position to fulfill some of the recent requests made of us by Grand Lodge. This is also why the work that we accomplished last night was quick and highly efficient. There are a few things that still need to be collected but we will certainly be able to submit all the necessary paperwork well before the 45 day deadline. It was actually rather surprised as well as appreciative and impressed by the organization demonstrated by the Trustees of the lodge. Everything was ready to go and transferred to me within minutes.

I had expected this first meeting to be much more drawn out than it was so all the other tasks for the night were handled in a much more casual and also thorough manner allowing me to check and double check regarding a variety of ongoing and new projects. By the time we locked the doors and headed back out to the parking lot I was feeling good about the upcoming meeting and looking forward to the long break over the summer. Hopefully, meetings like the ones I had tonight become more of the norm rather than the exception to the rule which has been the case in previous years.

Mortgage Monday: Estimates

While I was hoping to get a head start on this process much earlier in the year, sometimes things just don’t go exactly as we plan them. Of course, there isn’t anything really pressing at the moment… there isn’t anything that absolutely needs to get done at the house. There are projects that should be started (and finished) soon like replacing the garage doors but there is nothing that needs to be done.  

Unfortunately, without things being set into motion, there is plenty of time to add things to the list. And the list is getting quite a bit longer than was previously disclosed. All of that means is that the dollar figure at the bottom of the sheet of paper keeps climbing which makes me look back and really start cutting some of the unnecessary expenses from the growing budget. This has become an even more essential task of late as we have received a few quotes.

The biggest expense on the horizon is replacing the existing heating and air conditioning systems (which also means we have to swap out our hot water supply). Currently we have an undersized air conditioning unit (I have to call the home warranty company about this) and a loud boiler in the basement providing us with both hot water and heat through the zoned baseboard system throughout the house. While functional, it is not working for us. We will be switching to a central HVAC system with a hot water heater in the basement. While most would balk as we did at the $25,000 estimate (lowest available for quality work), the simple fact is that we will recoup most of that expense in the increased efficiency.

Some of the essential repairs and alterations needed are also quoting out much higher than expected. Actually, the garage doors and motors were a little lower at $2500 while the interior French doors to my office are much higher at $2500. Some may consider these as extra expenses but, for us, they are two smaller projects that need to be done. I am not going to simply repair or replace one garage door with an uninsulated patch… it makes more sense to just replace both and take care of the motors at the same time. And the office door is needed so that I can actually utilize my office.

The last think on this list of initial quotes is the removal of dead trees. While we had much of the property taken care of a couple of weeks ago, there are still a few leafless monsters swaying in the breeze. Because of their size and location it is not going to be a cheap endeavor. The first estimate is about $2800. Some may see them as simply an eye sore but they are within striking distance of the house and it is an unnecessary risk to leave them standing. I just hope that we can find a better price.

Everything else on our long and growing wish list is pretty much on hold as we pursue these projects and try to find a way to pay for them. Once these are done we will re-prioritize the rest of the list and decide when we want to tackle additional improvements and whether we will be able to budget for them. Of course, we will also factor in what makes sense for us now and in the long run… sometimes it is best to get something done now and other times the better option is to wait. We will just have to see what happens with these first few items from our list.

Mortgage Monday: The Next Purchases

Another purchase down and many more to go... 

Now that the lawn has been taken care of and the property is in a state where we can actually enjoy some time outside it is time to start looking for all the other things that we previously avoided. While there was some outdoor space at our last rental we pretty much didn’t spend any significant time outside on the small patio and opted to take advantage of the spaces maintained by the homeowners association. Of course, we didn’t really have the time to plan anything especially since we considered that place a stopgap.

While we previously bought a tractor and already had a few other items necessary to maintain the property (i.e. snow blower, rakes, trailer for the tractor, leaf blower, etc.) we have still been needing a few other things to round out the tool shed. And thanks to a $100 refund on the tractor, we did cover a few of those things by picking up a weed eater and other small items. However, that is only a small part of the long list of things that we need for our outdoor space. Thankfully, the other items are more about relaxation rather than work.

Having purchased a lot of furniture late last year just prior to settlement I am not really looking forward to buying any more but that is the situation that we are in now. Thankfully, this is a much smaller endeavor this time around as we are looking for something to complete the patio. While we have one adirondack chair out there now for relaxing and we will be purchasing another shortly, we need to find a decent table and chairs that is also toddler friendly. We did take a quick look at a few things this past weekend but didn’t end up buying anything… some of the options at the big retailers are really expensive!

This is going to be one of those searches that both needs to get done rather quickly but that is also going to require some online investigation and, possibly, some trips to various consignment stores and thrift shops. It all comes down to finding some outdoor furniture that will allow us to enjoy the outdoor space that we now have while, at the same time, keeping it budget friendly. After all, we have had a lot of expected and unexpected costs lately and we want to retain some semblance of financial sanity. This is not an unmanageable task and we are all looking forward to making the outdoors part of our home.

Saying Goodbye To The Jeep

March 2016: Jeep at the scene of the accident. 

Once I heard back from the repair shop following my first accident this past March stating that the Jeep was going to be repaired my wife and I had an important decision to make. With the frame having been bent in the accident (and now having to be bent back) were we comfortable driving and riding in the car? More importantly, did we trust the car enough to have our son in it? In the end, it wasn’t the same car and we no longer had the confidence in the vehicle to continue using it as my daily driver (especially on those days when I have my son in the back).

While we knew that it would be a costly decision, we decided to start looking for a replacement vehicle (a process that I have written about before). The Jeep was a great car so that is exactly where I started my search. I went online and priced out the 2016 version of the exact make and model of my car. Once I input that information I added the features that I wanted in the new car to see where the price would fall. Seeing a replacement price within inches of $40,000 I quickly questioned whether I would be buying another Jeep. So, given the new price point, I searched for a few other options.

June 2015: The day I bought the Jeep. 

With a full roster of cars on my list (a compilation I never thought I would pull together in my lifetime) we dedicated a weekend to hopping from dealer to dealer looking at all the options that I had uncovered and determining whether or not there was any wiggle room beyond the USAA price. A few cars were eliminated because of the lack of fit and finish while others were great cars but simply not the right one for me. In the end, I had to decide between the Jeep Cherokee Trailhawk and the car that I picked up today the Mercedes Benz GLC 300 4Matic.

May 2016: The Mercedes replaces the Jeep.

Once everything was factored in including price of the car, the options that I wanted, the interest rate on a loan, the cost of insurance, fuel economy, and other numerous factors the Mercedes just made much more sense. Believe me, I was shocked by this revelation too. While there are certain trade offs between the two (i.e. off road capabilities vs. highway comfort), I am completely happy with the decision that we made. On top of all this, in a bit of creative financing, we actually traded in my wife’s car and leased a GLA 250 4Matic with all the options that she wanted on the car. In the end, we both ended up in new cars and, considering all financial commitments before and after, pretty much broke even financially.

All that is left now, besides enjoying our new vehicles, is to complete the insurance claims which should, to put it nicely, be the most ‘interesting’ part of the whole process. We also still have to come to terms with the simple fact that we are both driving Mercedes which, at the very least, is one of the more surreal feelings that we have encountered in a long time. Just add one more thing to the list of changes over the past couple of years.

Mortgage Monday: The Work Never Ends!

Or Both!

 While it has always been a constant project on our list of things to do, now that we own our own home, cleaning is something that I try to put greater emphasis on. And with so much more room than we have previously had in rentals, there is a lot of cleaning to do. It is a never ending list of things that need to be scrubbed, swept, washed, or rinsed. And that is just the things on the inside of the house.

Now that we have some property (and no management company), there is a lot of yard work that has yet to be done. While I should have taken care of many of these things immediately after settlement, it was a project that was quickly put on the back burner once the temperature got colder and the snow began to fall. After all, nothing like a fresh blanket of white to hide all the leaves still covering most of the planting beds.

We have been pretty good about keeping the interior of the house in relative order (organization is still lacking) but, now that the weather has turned warmer once again, all of the things that we have been putting off in the yard have to be addressed and, at this point, we are ill prepared to tackle the task. The first step is going to be buying a tractor and a better rake or leaf blower. After that it is all about setting aside the time to get things done.

However, the more I think about many of these things, the more I find myself considering hiring a cleaning and/or yard service company to take care of all these tasks. While it would undoubtedly add an additional line item on our budget, it may be worth the money so that we can spend more time with our son. After all, our schedules are still quite a bit hectic and blocking off another brick of time would be less than ideal. Definitely something to consider.

While the extra time and effort has been inconvenient at times, it is still well worth it as we are taking care of a place that we own rather than someone else’s property. It is important to remember that there are great things about being a homeowner and they definitely outweigh, by a large margin, the inconveniences, but it is not a utopian dream. There is work that comes with home ownership and also a sense of pride in caring for your property. Sometimes, though, you just have to figure out the best way to balance everything and we are definitely still working on that aspect.

Firearms Friday: Selling More?

Well, that's a decent goal. 

There have been so many unexpected expenses that my wife and I have incurred over the past couple of months and many more that we are anticipating over the next months that the time has come for me to start culling some of the firearms from the safe. I hate having to do this again but it is sometimes what needs to be done. Besides there isn’t anything that I own that isn’t replaceable and the benefits are at the point when they significantly outweigh the desire to hang on to what I have. And that is what I have to remind myself of during this process… I’m not getting rid of everything and what I do sell I can find again in the future.

Of course, now is the difficult part of making the decision of what stay and what has to go. This also may require an investment of my time in completing a few basic builds to flip. On the positive side of things this will force me to finally get my work space organized and free up some of the clutter that has continued to plague me. This also means that I have to find the time somewhere in my schedule to head over to the local (actually not so local) gun shop in order to hopefully add some much needed funds to our account.

At the same time, I hope that this process pushes me to finally complete the other projects that I plan on keeping. They have been on the shelf (in the safe actually) for far too long and I am missing the cathartic benefits of working with my hands to actually build something. There are also a few parts that have to be installed and some customizations that have to be made… maybe there will be time to get these done once I get back into the rhythm of building. And, having cleared some extra space, there will undoubtedly be some extra room to store all of these new creations.

This is what I have to keep telling myself as I am definitely not the only one that dislikes having to sell off on item without immediately replacing it with another. That being said, this is a common ebb and flow of the sport and I am certain that I am not the only one that keeps going through this annoying cycle. But, again, we do this for our family as there are more ways than one with which we can protect them.

Mortgage Monday: Four Categories

I might have to call these guys!

While there is nothing wrong with our home there is always a list running in my head about different projects that we will be undertaking in the near future. Mind you, not everything falls into the project category but the list is definitely growing. Simply put, when looking around the house, there are generally four categories that everything falls into:

• Fine as it is
• Repairs /adjustments (possible replacements) needed
• There has got to be a better alternative
• Something is missing

The basic structure, kitchen, landscaping, and many other things fall into the first category. There really is nothing wrong with any of them. Nothing came up during the inspections and nothing has manifested since then. We like the layout of the house and so far it has been working for us. In fact, many of these aspects, especially the kitchen, are better than we were hoping to find when we first started our search so there aren’t any projects to speak of for these and many other things.

The second category comprises many of the things that most homeowners opt to replace, upgrade, or eliminate all together soon after buying their home which includes paint / wall coverings, flooring, kitchen and bathroom hardware, and other things that are more about personal taste than functionality. Not everything is optional as we also need to increase insulation in some areas, reseal the basement, clean up some minor electrical, cap the chimneys, repoint some of the masonry, and replace the retaining wall along the driveway. Of course, there are also things that we chose to replace as the current systems, appliances, etc. still work but are past their prime. For us this includes the washer/dryer, refrigerator, garage doors and openers, and AC unit. They all still work but it might be best to replace them now and avoid the immediacy of having to replace them quickly when they stop working.

The third category is something that we have been thinking about a lot lately, especially during the really cold nights, and we are considering overhauling the whole heating system for the house. Right now the boiler that supplies the baseboard heat his rather loud and, given how much we are spending on oil, not very efficient. Note that the same boiler is on year round as it also provides our hot water.

Basically, we are already looking at replacing the 10+ year old and undersized AC unit so we might as well get everything done at the same time and put a full HVAC system in. This would also allow us to pull out all the baseboard heating which are son is a little too fascinated with and which limits the wall space in our home. Of course, if we pull all of them out we might as well replace flooring and redo the walls at the same time as we don’t want to have to patch everything and then work on it later. Lastly, we are not going to keep the boiler just to supply the hot water so we will have to install a new instant hot water system while we are at it. As you can see, this third category tends to trickle down.

Finally, the fourth category is really about the things that we want but don’t need. A front porch would be nice to have (and a walk way across the front of the house) as would converting the fireplace to gas. We would also like to finish off one of the rooms and possibly the basement at some point in the future. However, we have plenty of space now so I don’t really see that happening any time soon. Again, this category is basically the splurge column. None of these things are needed but they would be nice to have an undoubtedly enjoyed.

That is the basic rundown that we have been going through recently as we continue to adjust to our new life in our new home. Some are items that we should check off our list this spring or summer while other projects can be held off for future years as we have the time, patience, and finances to tackle each of them. Again, we are already starting with a great home but this is the natural progression of things… every home owner goes through the same thing even those that build their ‘perfect’ dream home. And, sadly, I know that these lists will never disappear they will simply morph over the years to include other items and projects.

Stacking Meetings

This is what needs to be done every night I go to the lodge...

At the last stated meeting I made arrangements with the new Treasurer that we would meet every third Tuesday of the month. It is a schedule that works out for both of us as I am usually able to make it to lodge on those days and he has greater flexibility during the second half of the month. So, being that yesterday was the third Tuesday, we were both there to have our monthly discussion. However, that was only one of the meetings that I scheduled.

Before any of the other brothers arrived in Ardmore, I met with a new CPA who is also a brother of the lodge and was recommended by another brother with whom I have conducted some personal business. Frankly, I have become fed up with the previous CPA firm that we have been using as their prices are astronomical and there is no regularity from year to year. Basically, I have no idea who will be preparing our taxes. The connection we once had with the firm is long gone and the time for change is long overdue.

As expected, the meeting went very well and I am happy to hand off our taxes this spring to someone I can trust. Of course, by the time we were wrapping up our conversation, there were a few others that had arrived and just as we were about to part ways my next meeting quickly started. Having gone through the requests for information that the lodge has received recently, I scheduled some time to meet with another prospective candidate (I was originally going to meet with two prospects but there was some unavoidable family matter that came up with one of them). I prefer meeting in person and actually having a conversation rather than relying on email or phone conversations.

He may have been the youngest prospect that I have corresponded with so far but he was actually very well informed and we were able to answer many of the initial questions that he had for us about the lodge in particular and Freemasonry in general. Honestly, I am just glad that I was able to answer his questions as, despite recent interest, I have been a little rusty in handing such questions. In the end, honesty never gets old, and that is how I respond to queries that I receive. After the great introductory meeting, I gave him a quick tour of the building, and we parted ways with a plan on meeting again for dinner before the March stated meeting.

By this time the evening was already getting a bit long and it was time to sit down with the Treasurer, and a past Treasurer, to review the books. This is an ongoing issue lately as we want to make sure everything is in line for the current year especially with the audit deadline rapidly approaching. There was some clear progress that has been made and, after our most recent meeting, I am both thankful for all the help that we are receiving and confident that everything will be ready for submission by the end of next month.

By the time that we were all walking back to our cars I was exhausted but also satisfied with the work that I was able to get done both during the day and while at the lodge. We have a great group of brothers that come out on Tuesday nights and there is a lot that is being accomplished during these meetings. Now more than ever, I am looking forward to the progress that will have achieved by the end of the year and the positive changes that will have taken place (more than what already has transpired). Until then, we just have to keep getting our work done.

Back to School?

No, this post has nothing to do with gold!

When I got the email on Sunday night informing me that the office was closed and that we would be working from home the following day, I wasn’t sure what was going to happen to the remainder of my schedule. About halfway through the morning about half of the items on my schedule had either been cancelled or moved with a few more being altered during the first few hours of the day. Thankfully, there was one appointment that held and just as my son was waking from his afternoon nap, I was heading out the door on my way up the highway to Reading.

This was not work related. This was something extra on my calendar that I wanted to take a closer look at. After all, I have already been out of school for nearly 8 years and the academic itch is becoming unbearable once again. Not being one to rest on previous accomplishments or, in this case, degrees, I reached out to Alvernia University a few weeks ago to inquire about their PhD program focusing on Leadership. On Monday afternoon with resume in hand I met with the Chair of the department and had a great conversation about the program and why I had taken an interest in pursuing my doctorate.

Me, a doctor. Kind of a scary thought isn’t it?

Understand that this is just one of the things that I am looking at to satisfy that academic hunger that I feel. But it was a nice feeling returning to a campus and being in that atmosphere again. I actually really like the program as it was outlined, the school seems to be on the upswing, the cost is very reasonable, and the proximity to home is ideal. There are a lot of things going for it but I also hesitate knowing what the program entails.

In the end, I think it is all going to come down to the time element. This would be a five year commitment of at least 10 hours per week. That is time away from my family, my job, and the other things that I enjoying doing. You know me, I already have so much free time in my schedule to take on another long term project and I enjoy the things that I am doing now and would not want to have to sacrifice any of them. But this might be as good a time as any to start this. Time is a tricky part of the decision but also the main part of the decision that my wife and I will have to consider. Until then, I have plenty of other things that I can work on!

Mortgage Monday: Just In Case

When my wife and I originally made an offer on our house one of the things that we made sure to include was a home warranty policy. While we didn’t expect to find anything during the inspections and we don’t anticipate any major issues in the near future you just never know what might happen. The last thing we wanted was to invest such a large amount of money into a home and soon thereafter have to increase our investment because the AC unit finally gave up or the well pump decided to take some time off.

Actually, the reasons are quite a bit more mundane than the major issues that one could face in that first year. Usually it is something as simple as an appliance acting up or a garage door opener that was older than you expected. These are the things that fall beyond the purview of the regular homeowner’s insurance policy and, just like insurance, you never know what might happen. The last thing that I want to happen is that we don’t have something covered, particularly during this first year, and then all of the sudden we have to spend thousands of dollars that we were hoping to keep in the bank.

I’d rather have it and not need it than need it and not have it… sounds like I’m referring to something else doesn’t it. But the same line of thought applies. I don’t want to be caught without it especially when it can impact the well-being and comfort of my family.

This is the just in case for those things that we can’t anticipate happening but, as we have heard and read about, they happen all of the time. So, I guess this could go back to my weekly checks that I referenced previously. Not only checking for the major things that everyone does like the roof and boiler but also the minor things like making sure the appliances sound the way that they should and that the garage door isn’t straining to open.

It really is a nominal cost or, as in our case, no cost option that brings a tremendous piece of mind to this first year in our new house. If something breaks we can take care of it right away and not worry about the financial impact that the repair or replacement might have. Rather than thinking and incessantly worrying, we can focus on enjoying our home and, more importantly, see the enjoyment on our son’s face when he is exploring the play room, looking outside, or watching the buggies as they sway down the road.

No More Fees For You!

Over the years I have had accounts at a variety of banks. For one reason or another, I have also changed banks numerous times. Usually it was because of location or the simple fact that it was bought out by one of the larger financial institutions. In the past it was never much of an issue as I didn’t have many automatic payments and I didn’t write too many checks. However, things change and I am now in the process of shifting things over once again.

While the hours at TD Bank have always been very convenient and the sheer size of the company assures that there is always a location just around the corner, the benefits pretty much stop there. Over the past couple of years I have watched as the various fees have been scattered throughout my monthly statements. I always pay bills on time but ATM and ‘Balance Inquiry’ fees have been a source of annoyance. I sometimes wonder what the account balance would be if those $2 and $3 fees over the past several years where returned. Actually, I really don’t want to know.

In addition to this, the speed at which transactions are processed is about as fast as a constipated turtle. Having already transferred most of our funds to another bank, I can say with certainty that this is not the normal pace at which a bank should be operating. A perfect example is when, some time ago, I transferred my credit card balance to another bank and while I know this other bank sent the electronic payment and posted it to the other account, it still took TD Bank nearly two weeks before confirming the transaction and reflecting that on my statement.

I am done with this particular company. Heck, this bank wasn’t my choice anyway as I originally had an account with Commerce Bank. So now I am taking my funds, as limited as they may be, and moving them to a local bank. While there hours and locations may not be as convenient, the service and speed thus far is something that we haven’t experienced in the past. When we have a question there is always someone there to answer it, transactions are posted within a day, and the fees have magically disappeared replaced by an interest bearing checking account. It is a bank that choses to deal with their customers not solely the accounts associated with them. It is nice to be a person again… a welcomed change… only the latest of a year full of changes.

Bills And Bank Statements

As many of you know, I am one of those people that checks all financial statements on almost a daily basis. I have had credit cards hijacked in the past and I know how much of an issue that can cause. I am also doing everything I can to pay off debt and keep our financials in a healthy position so the little bit of time each day is well worth the effort to ensure that all the numbers are where they should be. And this is just my personal accounts.

While not nearly as regular as my personal habits, I am also continuously cognizant of the financial situation of the lodge. This is just another one of the duties that I agreed to when I took office as Secretary. Just like my personal financial situation, we are not talking about big numbers so I make sure to know where every dollar is coming from and how much is going out. Lately, we have gotten a little behind as all of our summer schedules have hindered us from getting together. We were finally able to get everything squared away this evening… it really puts my mind at ease knowing where everything stands.

Of course, when some of the balances were brought to my attention I expected some inquiries to be made by some of the brothers at the lodge. After all, this is our budget and our accounts and this is why I keep a meticulous record of what has come in and what has gone out. It is required of me to do so and I would expect them to hold me personally responsible if I was unable to provide them with a receipt. And that is what we should all take away from this.

It shouldn’t matter if you are involved in the financials of a business, lodge, charitable organization, or your own personal accounts. Everything has to be accounted for. I know that if I want to be reimbursed for a purchase at work or for the lodge I have to have a receipt. No receipt means no check. While we have provisions in place to ensure transparency, I have heard of too many instances of fraud and downright theft both within lodges and outside of lodges. I am well aware of these instances and I made it known that the books are open to members and that I am happy to answer any questions.

Even when looking at my own debts I can account for all the credit that has been used… this is particularly important regardless of the type of account because you don’t want to wake up one day to the reality of owing 10 or 20 thousand dollars to a bank or credit card company. I know where all of my money is going (especially on the tight budget that we have had in recent years and the process of paying down debt that we are currently undertaking). I shouldn’t expect any less from the lodge and the lodge shouldn’t expect any less from me.

Where Did All Of Our Money Go?

Every couple of weeks I look at my pay stub and go through the growing list of deductions from my pay… taxes, 401K, and healthcare. Taxes have always been relatively consistent (too high and annoying but consistent), the 401K contribution is something that I set (this I hope to increase in the future), and the healthcare costs have gone up over time according to how many people are covered under my plan which now covers my whole family. However, it is this last significant deduction from my pay that is really annoying. Not because of the direct costs outlined in the deduction but because of the high costs that my wife and I have encountered recently.

For years, every month we have encountered a co-pay in one form or another, office or pharmacy, that is in addition to the insurance premium that we have already paid for that month. Over the past year, those required payments have become more frequently as we have had more doctor visits and prescriptions that needed to be filled. However, these last few months have been atrocious and it really makes you wonder where the money is going. Since our son was born, we have sent out checks for approximately $2500 just to cover the astronomical co-pays. I have seen enough doctors during my life that I have gotten used to the various expenses associated with healthcare but this is simply ridiculous.

I can hear some of you now saying this is why we need Obamacare. Well, in my experience, that is a load of crap! While the delusional utopian concept is intriguing to many it is not something that fits into the confines of reality. This is why we have seen those premiums increase faster since the bill was signed than at any other point in history. Additionally, due to the ridiculous requirements therein, not only have the premiums gone up but the co-pays have seen a sharp increase as well.

Of course, there is also the basic employment fallout. I know for a fact that many employers have set limits on hours simply to avoid having to offer healthcare benefits. Frankly, I have no problem with employers not offering benefits to full time employees so long as said employees understand that they will not be offered. So, instead of someone getting paid for 35-40 hours per week, they are limited to 29.5 hours per week. In the end, they still aren’t getting benefits and now have less money in their pockets.

Furthermore, there are some benefits that were being offered to those who worked 30 or more hours per week. A perfect example that I have seen is that of extended leave. However, because hours are now eliminated that benefit disappears as well. So not only are you getting paid less at the end of the week but you are also losing some of the benefits that you once had. An when you go back to the original gripe in this post, you are also going to pay more for insurance and more in co-pays. You couldn’t afford to get sick before and you still can’t afford it now. Thanks Obamacare!

Maybe we should focus on making sure people can have jobs where they can work full time hours. Maybe we should stop regulating and forcing coverage on people and stop strong arming companies to cover employees. Maybe we should address the high premiums and co-pays that have become the accepted norm in this country. Maybe we should provide a true freedom to choose to have coverage and what coverage to have, whether someone is willing to take a job without healthcare benefits, and whether an employer offers healthcare benefits. Maybe this is the change that we really need!

Taxes Done?

The past couple of years have made me dread this particular day on the calendar. Having received hefty bills from the federal government and not enough funds to cover the costs, we have filed extensions. Seems like this is the time of year when everyone does some spring cleaning especially the government which likes to clean out your bank account. This year, we have the funds to pay what I am certain will be a ridiculous amount but don’t have the time to pull everything together. The extension streak is alive and now in its third year.

We were actually keeping things organized for much of 2014. This was in large part due to having to pull together all the documents in early fall before that extension ended. It was rather easy to put some of those items aside in a folder designated for the current year. Yep, things were pretty organized by the time December came around.

It really is amazing how cluttered things can get when you move from one place to another. Not the space in which we were living but in the individual boxes where all of our papers and documents were relegated. All of the organized folders seem to blend together in a pile of muddled ink... this reminds me, we have to set aside those receipts from the move. This is only accentuated by the fact that all of the tax forms arrived the following month so now what was once consolidated into one place is now in a few places waiting to be collected again.

Normally it wouldn’t be a problem pulling things together as in the past I have had time to do it. And that is the key. February and March were, to say the least, busy months. With all the hours that I have put in at the office and doing my best to protect the time that I have with my son, there are few minutes remaining during the day when I can take care of all these other projects that keep building up. Time is not being kind at the moment.

It doesn’t help that the days seem to be evaporating before us. Just as we get ready to plan for one thing or another, the pages of the calendar have turned and the time we once had was gone. Other things seem to pop up now and again as well chipping away at the days when we thought we would have a chance to catch our breath. But, as we have done many times over, we will find the time to get the taxes done and hold our breath waiting to hear the final total… hopefully the news will allow us to breathe afterward.

Investing Again

When I started at my current company there were many things that were discussed. The firm was newly formed when I first walked through the door in September 2013. In fact, the owner of the company was still waiting for the cable company to arrive later that afternoon to set up the internet. It was an interesting experience and much different from the previous conversation I had with her.

It was during that initial discussion when we talked about the clients, my role in the company, and many of the other benefits that would be part of my employment including healthcare, profit sharing, and a 401K (among others). Every salary position I have ever had, and then some, have offered healthcare so that was not a surprise to me. However the other two piqued my interest and were really bonuses to the position that I was not expecting.

Since that time over a year and a half ago, she has been true to her word. While none of us expected any sort of profit sharing at the end of 2013 we weren’t really holding out for 2014 either. After all, we are a new company. However, we were all pleasantly surprised at the end of the year when we each received an extra deposit into our accounts (which was particularly useful at that point in time).

Toward the end of last year we also continued our conversations regarding setting up a 401K. It had taken some time but things were progressing and as the calendar turned over we all started contributing to the future. While we don’t have much extra at the moment, I started with a small contribution from each pay check.

While I have had investment accounts in the past, this was my first time having a 401K. Previous accounts have long since been liquidated to pay for graduate school and other expenses. Many would consider this a tremendous loss but given the fact that I finished graduate school in the spring of 2008, it wasn’t a bad way to use the funds.

Since that time, my ‘investments’ have been on a much smaller scale and consisting of hard assets. I honestly can’t recall how many times I bought silver (and a tiny bit of gold) over the past decade but it is safe to say that I didn’t lose money or break even. A coin here and there can add up especially before the market shifted and the prices began to spike.

All the small items were nice and served a purpose when we needed that little extra. Now, it is a great feeling to be contributing to our future even though it may be one small deduction from my pay every couple of weeks. It may not seem much at the moment, it never does, but it will certainly add up in the end (especially when I start decreasing my take home pay). And it sure beats flipping coins.

Feeding The Animal House

The only day that is dreaded more than April 15^th is October 15^th. This is the last chance day for those of us that, for one reason or another, were unable to file our taxes in the spring. This is the day that we have been hoping that would, somehow, never come or that the calendar would just simply skip a day. And for some of us it is not just a day of inconvenience, it is a day when we take on an additional financial burden (some greater than others).  

Every day that passes and every hour I sit at my desk, I know that I will never receive my full salary for that day. It is the price we are forced to pay, and pay, and pay again in the seemingly infinite deductions that are pried from our pockets to fund things that we would never support on our own. Don’t get me wrong, there are many things that we must contribute something to, but there are many, many things that we should not be forced to pay.

This happens each and every day as we watch about a quarter of our salary evaporate (for some it is a much higher percentage). However, it doesn't end there as when we finally get that money in our pocket it continues to be chipped away throughout the day as we are forced to pay more taxes… service, sales, gas, real estate, etc. Given all of these tax attacks, it is safe to say that the average person loses about 40-50% of their pay just to taxes. The remainder, of course, has to cover all the costs of living including the bloated Obamacare costs that have recently latched on to our wallets.

If we see a few extra dollars in our bank account at the end of the year we feel as though we might have won that round. However, the government has one final punch to throw to see if it can take us down. While many take it on the chin and get it over with as soon as possible but there are a few of us that duck and weave until we can no longer put it off. For most, more than anyone would care to admit, this final poaching is what takes us down and determines our losses for the year. This is where we find ourselves now… trying to get up before the referee counts to 10. Next year, another round, and more money being sent to the animal house to never be heard from again!

The Education Question In Pennsylvania

Last week I saw two completely separate items in my email arrive in my inbox almost at the same time. While unrelated, they played off of one another in a rather interesting way. The first email was one of many from WalletHub about their most recent national ranking. The subject this time was “The Best and Worst States for Teachers” which immediately had me wondering, based on much of the biased media coverage I have been reading for months, how low Pennsylvania would rank on this list.

To my surprise, they ranked Pennsylvania at #2 based on a variety of variables such as salary, employment opportunity, quality of schools, ratios, and spending per student. The facts supported what I have been saying all along that education in the Commonwealth is not in the sorry state that the Democratic Party would have you believe. This leads me to the other email that arrived just moments later.

The debate the previous night between Governor Corbett and Tom Wolf (in sheep’s clothing) was full of the faulty statistics that have been bandied about in many of the attack ads by the desperate challenger. No one can argue that the education system in the commonwealth needs to be fixed but funding is something that is not lacking and more money is not the solution to those problems. Four things are slowly crippling the education system especially in areas still considered to be economically depressed: unrealistic educational expectations, wasteful spending, an unsustainable pension system, and the financial black hole known as common core.

Also playing a supporting role in the current situation is the evaporating federal funding so heavily relied upon by the previous administration. Even if you only focus on the stimulus numbers, Wolf’s claims don’t hold up. Even the local media has picked up on this fact as was reported on philly.com, “If the federal stimulus money is not counted, it is true: Corbett has increased the state's annual funding for basic education - to $5.5 billion in 2013-14…”

As was reported in another article, “how you count pensions, charter reimbursement and federal stimulus money makes a big difference.” What it comes down to is that you can’t believe the BS that is floating through the radio of teachers complaining about no toilet paper in the schools and blaming the Governor for it. The money is there, more money than ever before, but little is left once the nearly billion and a half pension system takes a chunk, administrative and school inefficiencies chip away a few more dollars, common core requirements suck the marrow out of the funding, and dollars are wasted on thinking all students are the same and all students need to go into higher education.

Unfortunately, the billion dollar illusion still seems to work in the public and in the media despite the curtain having been pulled back and the mirrors broken. People and school districts these days pretty much have the same mentality in that they don’t want to take responsibility for their own shortcomings. So, instead of staying on course and slowly increasing spending at a reasonable rate while trying to make the changes necessary for educational growth and success in the commonwealth, we face the very real possibility of higher income, sales, and real estate taxes under a new administration that will piss away the money that we are forced to give them (regardless of your income). Of course, you can prevent that from happening come November.   

Considering A Few Changes

I have been thinking about making a few changes to the blog over the next month or two. The main problem is finding the time to roll those things out so that they might be sustainable. Additionally, there are certain instances where I have to educate myself as to what the heck I am doing and how certain things can be done.

The first change that I am slowly starting to line up is the presence of guest bloggers. In addition to providing a different perspective and expertise (both of which are lacking to this point) it will also, in theory, free up some of my time so that I can pursue some of the logistical aspects of other ideas and put greater thought into the posts that I would like to focus on. While I am not going to take anything and everything that is submitted, I welcome submissions for consideration.

Something else that I am considering is starting a Patreon campaign to, potentially, cover some of the costs of the existing themes (i.e. travel, research time, admission fees, etc.) but also grant me the flexibility to pursue some other ideas (product reviews, range days, videos, etc.). You may not realize it, but this endeavor is a costly one at times. While I don’t expect to ever make anything blogging, it would be nice to break even now and again.

For those unfamiliar with the site, Patreon is a way for people (patrons) to support the blog on an ongoing basis based on the amount of content that is posted. Basically, you can make the commitment to give one dollar per post (you can also set monthly limits such as ten or twenty dollars). Essentially, I would only earn support by maintaining production.

Patreon would also allow me to provide more content (exclusive to partons) which would largely consist of additional photographs from trips, maybe a few videos, live chats, and additional content from other projects I am working on. This seems to be the easiest way for me to leverage the excess of content that never makes it onto the blog. Of course, I would also try to include a few giveaways now and again to make things a little more interesting. So, with all that information, do you think that this is something that is worth pursuing? Would that be enough to make you interested in becoming a patron?  

Lastly, and I have to figure out the logistics of this one, I am thinking about implementing permanent ads. While AdSense provides such promotions I actually have limited control over what is posted. I would much rather invest the time supporting companies and organizations that I agree with. I consider this the no surprises ad approach… you know what you are going to see every time you go onto my blog. Of course this also brings about the challenge of transferring the content to an actual URL without the blogspot portion of the address (with redirect from the old URL as well). Definitely something that can be done (and rather easily by those who know what they are doing) but it is a task that I am ill equipped to handle. I would greatly appreciate someone willing to donate their time to this task!

So, that is the list of things that I am considering at this moment. However, I would like your feedback as to what you think of those potential changes to the blog. Is it too much? Am I missing anything? Let me know your thoughts. After all, you are the ones visiting and reading these daily posts.

That’s My Child!

Helloooo Baby!

Early this morning I couldn’t help but quote the Big Bopper when I saw the picture come into focus. Before our eyes, we saw the profile of our baby slowly take shape as the woman moved the ultrasound around my wife’s stomach. What a drastic change from what we saw just five weeks ago!

We were still a little dumbfounded as they began measuring and checking all that they could in the image to make sure that the little one was progressing normally. Given their parents, this might be the only time in their life that they are considered normal. After these initial still shots, it was time for baby to have a little fun. Yes, it turns out that baby likes to mess with people just like their daddy.

Throughout the process, the baby was moving around and having fun in their little rent free dwelling. When it came time for some more pictures that required the baby to be in a certain position that is when it decided to do their own thing… we could hear the doctor talking, asking the baby to lay on its back followed by a slight nudge with the scanner.

Baby did exactly what you think it did, it rolled onto its belly. It took numerous attempts and a few minutes before the baby rolled all the way around. This is when we could really see the profile and see the face of our child. Five or six still frames later the doctor was almost done but baby had enough. Baby raised their arm, either to wave bye or make their first attempt at giving someone the finger, and rolled over again. That’s my child!

That was the end of our visit for today and I will say that this was the best reason to roll out of bed early. Even groggy, it was an exciting morning for the two of us and another day that we will never forget (at least until we are old and senile). Now we just have to wait for some blood work and come back for some more family photos in a couple months… I guess my wife knows what she is getting for her birthday this year!

Twelve weeks in, the baby is healthy and the reality is really starting to settle in. While I was never in denial, seeing a much more developed picture of our child really hit home and has me both a little concerned about our living and financial situation but also eager to meet him or her (I still think it is a boy). It has been quite an early morning and a really long day of thinking.