This is one of my all-time favorite Billfold pieces! More writing from Laurie Woolever!
@Ester Bloom Ahhh she's so lucky! Yeah, I read about it on the metro this morning. VA was offering money towards kids born today -- the one born closest to 5:29pm in each of 8 selected hospitals in the state. My friend just had her baby Tuesday -- two days too late! Not sure if NY has any good offers, but would be worth checking out!
I'd use it first to take care of debts, add some to savings/down-payment, but put the majority of it in a 529. (Incidentally, today is 5/29 and some states are offering waivers/deals towards 529s today.) I'd like to the be the kind of parent who says to their kid, "don't worry, grandma's money is paying for your college."
mike dang! what a great tag!
Please don't go, Logan. My one thing is to beg you to please, please, please, please keep being the 1 Thing lead.
Really low-key weekend, which was totally fine because last weekend took all week to recover from. Friday night: worked late and then babysat (I made $51 --I have no idea how they came up with that dollar amount). Saturday: cleaned my apartment, ironed, and did some writing for a work assignment. Babysat again and pulled in $60. Sunday: super long and boring babysitting assignment and only made $104 (no tip). I'm probably not going to sit for that client again. Then a date over at DC Improv and bought two rounds of drinks (about $70 total). Things I didn't buy yet: groceries (prob $60 for this week), Britta filters ($20), another pack of 4 tall drinking glasses (I broke one of them this weekend) -- can't remember the price of those, but I got them at BB&B, so they were fairly inexpensive. I think I'll about break even this weekend, which isn't bad in my book!
@eagerber Also, if they're living somewhere where rent costs $900/mo, she can likely charge more than $10/hr for babysitting.
So many questions! Don't babysitting/shop-girl jobs constitute being "in between jobs" as well? Is she looking for other jobs to better their situation? Is he also working part-time while searching for new jobs? Have they cut back considerably since his unemployment? I know from experience that if I'm dating someone who's unemployed/underemployed, I trim down my own expenses, and up my savings in case of a "rainy day." Sorry, but this girl sounds very naive about her future financial situations, and I don't understand how those credit cards will ever be paid off.
Thank you all for such great advice! Yeah, I'd like to hold onto my car -- but maybe I could leave it with my parents some place on the East Coast. That's good to know about neighborhood permits -- was totally unaware of that. I'm definitely aware of SF's high rents, but coming from DC, where I'm currently spending half monthly salary on my one-bedroom, I anticipate more of the same out there. (Realistically, probably paying roughly the same for just a room in a group house.) @LookUponMyWorks -- it's not so much the plates itself. License seemed standard (I don't know, $35?), but registration cost me over $500. Basically, they base that on the value of your car. In VA, all I remember is that I paid much less.