Coming from an SF local, agreed with most of what you wrote. For people going to Oakland: stay near Lake Merritt/Jack London square and stay the fuck out of East Oakland.
Also, while in SF, check out the west side of the city. Lots of stuff to see, do and eat here. We have Golden Gate Park, amazing restaurants – come have some solid Chinese food that isn’t overpriced tourist trash that you’ll find in Chinatown and visit Little Russia and party with us Russians like it’s 1991 and the Berlin Wall just fell – and Ocean Beach/Sutro Baths ruins are always fascinating. Also the Academy of Sciences is one of the greatest museums ever if you’re a science nerd.
Just be sure to bring a jacket since this area rarely gets sunshine: it’s currently 58 degrees and foggy outside my apartment.
Also, please stay the hell away from the Tenderloin. Half the time I drive through that area, I’ll see clueless tourists trying to find out where they are while a drug addict hobo injects himself with heroin and then takes a dump a mere 50 feet away.
Sit down and talk to your boyfriend. This may be something as simple as miscommunication or something as complicated as different sex needs. If it’s the latter, you guys will have do find some way to compromise (e.g. – more than twice a week but not every day). Good luck.
I think it’s going to be difficult to agree on a decision on this without knowing the exact details of Steph’s situation and we can come up with all kinds of possible scenarios.
On a personal level, I wouldn’t be comfortable putting anything into an account that I can’t touch for 40 years if I were $100K+ in debt. Plus, I think it’s time that she changes her spending habits, otherwise she’ll never be debt-free.
I think this was a hot topic of conversation on my previous comment on her Steph’s article and I stand by my original point. Her monthly debt payments are insane. At this rate, if she keeps contributing to her 401k, 10 years down the line she’ll have a decent nest egg, but will still be nowhere near paying off her loans. I’m no certified financial planner, but I think that being in your middle ages with no debt and a small/no 401k is better than having a decent 401k but being in a ton of personal debt.
I’m sorry, Steph, but I cringed so hard when reading this because of the mass amount of misinformation and because I’m so sorry that you had to find out about compound interest this way. With that said:
1. Compound interest on your 401k doesn’t work the way you think it does. Your 401k only benefits from compound interest if you invest it in fixed income securities. If you invest in stocks or ETFs, compounding doesn’t apply. The market could crash tomorrow and your 401k would be worthless, compound interest be damned.
2. Please avoid putting sizeable money into your 401k until you’ve paid off your debt. Now that you know how bad compound interest is, you understand that you need to make very large payments each month in order to make some sort of dent in your debt. That means your payments have to be much higher than minimum because otherwise you’re paying all interest and no principal, which leads to a never ending cycle.
3. They really need to teach basic finance in high school, or at least college.
Having people over for the Mayweather/McGregor fight. Hopefully by the time it starts we’re all nice and buzzed so that I’m not as annoyed at wasting $100 on it.
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Thinking that your job is important. PGP.
1989* Got my fall of Berlin Wall and break-up of Soviet Union years confused there.
Coming from an SF local, agreed with most of what you wrote. For people going to Oakland: stay near Lake Merritt/Jack London square and stay the fuck out of East Oakland.
Also, while in SF, check out the west side of the city. Lots of stuff to see, do and eat here. We have Golden Gate Park, amazing restaurants – come have some solid Chinese food that isn’t overpriced tourist trash that you’ll find in Chinatown and visit Little Russia and party with us Russians like it’s 1991 and the Berlin Wall just fell – and Ocean Beach/Sutro Baths ruins are always fascinating. Also the Academy of Sciences is one of the greatest museums ever if you’re a science nerd.
Just be sure to bring a jacket since this area rarely gets sunshine: it’s currently 58 degrees and foggy outside my apartment.
Congrats! But most importantly: have you changed your Facebook status yet?
Also, please stay the hell away from the Tenderloin. Half the time I drive through that area, I’ll see clueless tourists trying to find out where they are while a drug addict hobo injects himself with heroin and then takes a dump a mere 50 feet away.
The OP is the example. I agree with your comment. In case that wasn’t clear.
Example #57999421 of why we need to teach personal finance before people enter the working world.
Sex girl:
Sit down and talk to your boyfriend. This may be something as simple as miscommunication or something as complicated as different sex needs. If it’s the latter, you guys will have do find some way to compromise (e.g. – more than twice a week but not every day). Good luck.
Your dad sounds like a great guy. I’d love to split a six pack with him.
If she’s single, there’s probably a direct correlation between being overly happy and jealous.
Agreed completely that it’s a math problem. Mathematically, it makes sense to contribute at least up to the match maximum.
But like I said, there’s also the personal factor and some people are less comfortable carrying that much debt than others.
I think it’s going to be difficult to agree on a decision on this without knowing the exact details of Steph’s situation and we can come up with all kinds of possible scenarios.
On a personal level, I wouldn’t be comfortable putting anything into an account that I can’t touch for 40 years if I were $100K+ in debt. Plus, I think it’s time that she changes her spending habits, otherwise she’ll never be debt-free.
I think this was a hot topic of conversation on my previous comment on her Steph’s article and I stand by my original point. Her monthly debt payments are insane. At this rate, if she keeps contributing to her 401k, 10 years down the line she’ll have a decent nest egg, but will still be nowhere near paying off her loans. I’m no certified financial planner, but I think that being in your middle ages with no debt and a small/no 401k is better than having a decent 401k but being in a ton of personal debt.
So what you’re saying is that thevaginator is actually deFries’ alter ego.
I don’t understand why PGP hasn’t blocked your account yet.
I’m sorry, Steph, but I cringed so hard when reading this because of the mass amount of misinformation and because I’m so sorry that you had to find out about compound interest this way. With that said:
1. Compound interest on your 401k doesn’t work the way you think it does. Your 401k only benefits from compound interest if you invest it in fixed income securities. If you invest in stocks or ETFs, compounding doesn’t apply. The market could crash tomorrow and your 401k would be worthless, compound interest be damned.
2. Please avoid putting sizeable money into your 401k until you’ve paid off your debt. Now that you know how bad compound interest is, you understand that you need to make very large payments each month in order to make some sort of dent in your debt. That means your payments have to be much higher than minimum because otherwise you’re paying all interest and no principal, which leads to a never ending cycle.
3. They really need to teach basic finance in high school, or at least college.
I’m not a fan of typical fall flavors (don’t like pumpkin or cinnamon or anything like that) so I’ve settled on Sam Adams.
Sam Adams Octoberfest is the only beer I drink in the fall.
Having people over for the Mayweather/McGregor fight. Hopefully by the time it starts we’re all nice and buzzed so that I’m not as annoyed at wasting $100 on it.
T-Swift: would, but wouldn’t listen to her music.