Comments on: New Net Worth: $468,391.43 (Down $23,000. Ouch?)

By: J. Money

J. Money — Mon, 28 Sep 2015 17:25:35 +0000

yes! that’s exactly what I need! my mechanic friend told me before to just unplug the battery every time and I was like “you think I’m going to do that ??? come on now” haha…

but this one I can get down with – thx friend :)

By: Kate Horrell

Kate Horrell — Mon, 28 Sep 2015 14:05:36 +0000

J, I think you aren’t driving the Caddy much. You might want to look into a battery disconnect switch (about $8-9 on Amazon http://www.amazon.com/Post-Battery-Master-Disconnect-Switch/dp/B001N729FS.) It takes about 5 minutes to install, longer if you have to find the tool that has gone missing from the tool bag or you battery cables are corroded.

We have a car that we rarely use, and the battery would discharge when sitting. Now, we pop open the engine and turn the little dial 1/4 of the way to cut the power to the battery when we park it, then do the opposite before starting. No more dead batteries.

My friends say it is a pain that they wouldn’t deal with. I say it is a paid off car in good shape and I’m not buying a new one, and if spending any extra 60 seconds is going to push my day over the edge, taking on a huge car payment isn’t going to make my life any better.

By: J. Money

J. Money — Tue, 15 Sep 2015 01:04:04 +0000

In reply to Mrs. SFF. Yup! All you can do. And if you're in it for the long haul it's even BETTER when it goes down now so you can scoop 'em all up on the cheap! Though hopefully when we're all sitting on extra cash to be able to snag them :)

By: Mrs. SFF

Mrs. SFF — Mon, 14 Sep 2015 17:35:56 +0000

Ugh, our accounts went down around $40,000. I guess that means we are doing well on the investment/savings side of things but it still can be painful to watch. I remember the 2008 drop and from the top to the bottom of the market our investment lost about 50% of the value. We kept course, continued to save, even bought shares around the bottom of the market. The markets are always a roller coaster but we will once again just keep course and continue to save and invest and maybe even benefit from the market swings.

By: J. Money

J. Money — Wed, 09 Sep 2015 18:06:14 +0000

In reply to Thomas @ i need money ASAP!. Hell yeah it is! But better than the 6.75% it was when we originally took out the loan, sigh...

By: J. Money

J. Money — Wed, 09 Sep 2015 18:05:29 +0000

In reply to Financial Samurai. I don't miss that phase at all, haha...

By: Thomas @ i need money ASAP!

Thomas @ i need money ASAP! — Tue, 08 Sep 2015 19:04:34 +0000

Despite the drop that’s a solid net worth, congrats! The mortgage rate is a little tough at 5.5% though.

By: Andrew

Andrew — Mon, 07 Sep 2015 20:36:40 +0000

In reply to J. Money.

Thanks! Can’t wait to read more finance posts! We’ll be sure to stop back.

Andrew & Vee
SHM

By: J. Money

J. Money — Mon, 07 Sep 2015 16:34:38 +0000

In reply to stephan. Glad to hear so - thanks for stopping by :)

By: J. Money

J. Money — Mon, 07 Sep 2015 16:33:02 +0000

In reply to Andrew. Second Hand Millionaires - hah! Love that for a blog name.