tag:blogger.com,1999:blog-2096776708897685863.post2842933223558629873..comments2024-02-23T04:39:49.329-05:00Comments on Conversations in Klal: Singing the Budgeting BluesProfKhttp://www.blogger.com/profile/17954446826821665314noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2096776708897685863.post-64053239154645975002008-02-14T00:00:00.000-05:002008-02-14T00:00:00.000-05:00We have a sad but funny saying in our house - "Com...We have a sad but funny saying in our house - "Compared to tuition, it's nothing". Basically, compared to the tuition for (now 3 in school, but will very soon pay for all) our 5 children, every other expense is "nothing".<BR/><BR/>Tuition 5 x $13,600 = $68,000<BR/>Mortgage is only $12000<BR/>Real estate taxes only $3500<BR/>Home insurance only $3500<BR/>Car insurance only $2600<BR/>Electric only $1500<BR/>Phones/internet only $1500<BR/>All other expenses (including food, clothes, gasoline, etc) amount to only $18,000 or so (everything goes on the credit card, and it's usually about $1500 a month)<BR/><BR/>Almost all our kids clothes are hand-me-downs with a few items purchased at deep discount stores.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-50758022193811846802008-02-13T10:06:00.000-05:002008-02-13T10:06:00.000-05:00Youch newmom. There is a big difference between g...Youch newmom. There is a big difference between grandparents who give gifts to grandchildren and becoming the sole financial provider for everything a grandchild needs.ProfKhttps://www.blogger.com/profile/17954446826821665314noreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-76986514847447676782008-02-12T16:44:00.000-05:002008-02-12T16:44:00.000-05:00Isn't that what grandparents are for? At least th...Isn't that what grandparents are for? At least they are always saying that they would pay anything to get and have the grandchildren.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-22383141150465860762008-02-12T13:42:00.000-05:002008-02-12T13:42:00.000-05:00Just a note:A comment on the clothing posting remi...Just a note:<BR/>A comment on the clothing posting reminded me of this. I did not include any baby paraphernalia in the budget list aside from babysitting, because if I had some people might c"v have gone into cardiac arrest. if you want to see real budget breakers then children are truly it.ProfKhttps://www.blogger.com/profile/17954446826821665314noreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-11491316420307150052008-02-12T12:38:00.000-05:002008-02-12T12:38:00.000-05:00Know of lots of developing nations that have budge...Know of lots of developing nations that have budgets smaller then what some frum people consider is necessary to have to live. Could we get real here?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-84331675490955808812008-02-12T12:00:00.000-05:002008-02-12T12:00:00.000-05:00If touro is discussing this with its students then...If touro is discussing this with its students then the school has gone way up in the way I think about it. First jewish school I've ever heard of that even admits that there is a difference between the things we want and the things we need. And if profk had anything to do with it then she gets points from me for not just talking about something but actually trying to do something.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-79451271625258135582008-02-11T09:45:00.000-05:002008-02-11T09:45:00.000-05:00Funny but the theme for the comp classes this year...Funny but the theme for the comp classes this year is on wants and needs and learning to tell the difference. Were some great discussions on this. I suspect that profk had a hand in the topic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-44032730013452895462008-02-11T09:16:00.000-05:002008-02-11T09:16:00.000-05:00You missed a category of Jewish items. Things like...You missed a category of Jewish items. Things like tzitzis, a talis replacement and the everyday things of jewish life. And in really frum houses seforim should be its own category.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-72174470184634525202008-02-11T07:51:00.000-05:002008-02-11T07:51:00.000-05:00I think the problem is that the younger people don...I think the problem is that the younger people don't want to hear about what things cost. They want what they want and they want to pretend that it's all okay. Not sure how many of them would be really happy if we sat them down and showed them the facts of money life. They're not really big on I'll buy it only if I can afford it as a way of life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-15908552285646197332008-02-10T23:25:00.000-05:002008-02-10T23:25:00.000-05:00The items you show also show why a husband and wif...The items you show also show why a husband and wife both have to work if they are going to keep out of debt. If you live where things are very expensive there is no choice but two people working. If you want mothers at home raising kids you can't live in Brooklyn or the other expensive areas without taking on real debt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-54579620897472047062008-02-10T17:29:00.000-05:002008-02-10T17:29:00.000-05:00I think Ari got that right. Today's kids look at b...I think Ari got that right. Today's kids look at being in debt as just business as usual. Sad commentary on what goes on today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-69937298145061612132008-02-10T12:08:00.000-05:002008-02-10T12:08:00.000-05:00Too much of what passes for budgeting with frum co...Too much of what passes for budgeting with frum couples is actually planned poverty. A huge difference between the generations. Mine would have been horrified to be in debt and this generation plans on being in debt as a way of living.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-21317819840935811322008-02-10T11:06:00.000-05:002008-02-10T11:06:00.000-05:00I'm now firmly convinced that you never sleep. Pl...I'm now firmly convinced that you never sleep. Please, just a little breather so I can catch uup on the reading. pretty please?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2096776708897685863.post-3941623957697321802008-02-10T10:28:00.000-05:002008-02-10T10:28:00.000-05:00We had a role reversal in our house thanks to your...We had a role reversal in our house thanks to your budget articles. I blog and my daughter doesn't. I printed out the articles and made her read them. I thought she knew more about money then she really did. She thought you were all wrong. I pointed out where you were all correct. I was shocked though when she commented that "so I'll live on credit in the beginning. Others do it and they aren't suffering." You bet my husband and I are going to be doing a lot more talking about money with all the kids.Anonymousnoreply@blogger.com