Every few months for the last 3 years. They keep telling me that they are working on it…yet here I am.
4 years ago I started with this.
Now I have all of this, and every one of these tool boxes in here is quite full.
I guess I am making my own bad financial decisions.
No sir!
That is an investment. Break out on your own and repair you employer’s equipment as a contractor. They you will be in a better financial situation.
I know it’s hard not to help out people. Keep in mind you may be hurting them. Right now I am trying to help hold my oldest brothers head out of the water. He is 56 years old and not a pot of you know what I mean. He never made a good decision in his life. Mom and dad are both gone he has noone to help him. I provided him a place to live and he still struggles to pay the utilities. It’s hard not to help we just have to watch how we help
I do not need all that fancy electronic stuff, I will stick to my old faithful 96 F350 with the good ol 7.3 diesel. Still not missing a beat @ 260,000 miles with no mods other than air lift in the rear
That is rough and a very personal decision. I can tell you what I think I would do… but my oldest kid is 5… so take it for what it’s worth. I would tell her the car is gone she needs to sell it and cut her losses. Then I would encourage her to take some sort of self reliance course. Allot of churches teach them or have an at home curriculum. I think I would tell her if you want anymore help that is part of the deal. I guess whatever you do your lady needs to be onboard but it goes both ways.
Bookmark this post… in 20 years I will probably need the same advice. 
@DDCW That tailgate came out nice. Still think you should put some kick stands under the far end to help keep the ass from sagging when you are working, plus make it more stable. Guess I would have to actually touch and see it to make that kind of comment.
@72Pony - GF is onboard. She feels bad since these are not my kids, we are not married - ergo not a me problem.
The eldest however will not like the terms if and when I step in.
Her paychecks will get direct deposit into an account that she does not have access to, Credit cards will be destroyed (unknown balance at this time - won’t give a straight answer) and she will get an allowance from the payroll for WAM (walking around money). No more trips, shopping sprees, eating out. I would be managing the account and distributing all the funds to the bills and get mom paid off.
She needs to get rid of that car. That is the ouch at this point. By upside down, it’s like $14k. I don’t know how the hell that happened. She actually got $2k back on the 4 runner trade. Supposedly the book on the car has dropped that much in the last 3 years. I need to look into it more.
The car business is full of crooks. Them and financial institutions don’t care the hardship they impose on people.
That is why I have a list of never trust people. Cars salesman, politicians, doctors, lawyers, financial
institutions, and insurance companies .
Thats a long list… likely to keep getting longer with age… Maybe it would be better to start a list of those you do trust. 
Ill help you get it started.
Engineers, Farmers, Physical Therapists(only retired ones that double as dump truck driver) Boat Marina shop managers named John, HVAC guys from Canada, Heavy equipment mechanics who stock their own work trailer, Retired loggers living in MI, Toyota employees(Retired), Fabricators from MI, David Letterman Stupid Human Tricks Alumnus…
Okay my list is getting pretty long… stick with the ones you don’t trust list. 
And financial advisors.
The insurance companies and representatives are very biased. They act like they are looking for your best interest (pun not intended) but they are really looking for the commission fees for writing another contract. The financial advisor paints a picture of roses and unicorns that will happen if you give them all your money to manage: never going to happen. And the insurance company paints a picture of demons and monsters that will come to visit if you don’t buy their policy.
I am still not happy that my mom and her cousin strong-armed me into buy a whole life insurance policy when I was 16. Her cousin was a State Farm Insurance agent and he showed me the tables that “IF I took out the policy now, when I turned 65 it would likely have grown to over $1,000,000. It is a no brain-er!” I struggled for the first 10 years keeping up with the payments. There were some real belt tightening that went on when that “premium” (fancy word for “bill”) would be due. Well I cashed it out this summer…it was just shy of 4% of that million dollar mark. They missed it by 96%! I figured out that had I put that same amount of money in a savings account, it would have been worth 50% more than what I got.
But this is all small potatoes when talking about family: illness, relationships, debt, blame, poor choices, kids interactions with other kids, hopes, dreams and real hardships.
My daughter has not been speaking to us for the last 2 days because my wife mentioned to their neighbor/renter that my daughter and husband decided it was time to euthanize their 16 year old springer spaniel when the renter mentioned they had to put one of their dogs to “sleep” two weeks ago. I am in trouble because I shared the information with my wife! Who could anticipate that?
Tough things going on right now and it is being spread everywhere.
Well I am not at the age to deal with financial advisors yet. To be honest I don’t like the ideas of anyone managing my money… a while back my father in law was forced to retire. A advisors promise more money in his account when he turned 80 as he had at that time. “Yeah”.
As for life insurance I took out a whole life policy when I got married the way it is set up at a certain point it is paid in full … This is a small enough policy to get rid of me and that’s all. (No plans to support the next honeymoon or reason for it you know). I personally am not a fan of term policies they are good if you have a mortgage or a lot of debt.
Ohhhhhh! you are soooo wrong…they will take you at any age. And they want you to put 20% of your income into it every year. I could never afford that when I was younger so I would tell them “I can’t afford the 20% while working but if I were to quit, I could afford 20% of nothing.”
Well you could have told them that it was a deal at 30 percent as long as they could spare room and board.
There are two kinds of financial advisors - the “free” kind who get a piece of every transaction and the fiduciaries who charge you up front (usually flat fee) but who are required to invest in your best interest and do not get commissions or kickbacks.
In the end they both cost you something but the ones who are “free” and don’t charge people are the ones most people pick. Hence the results they get.
It’s always worth asking “how are you being paid?” for any advisor or salesman. That will tell you whether you can trust them to do the right thing by you.
If you’re not paying them someone else is and that’s where their loyalties lie. No different than most anyone else.
I twitched.
Closer to $23k. I hate sales tax.
OMG Sticks!!! 
Expect a phone call from my wife…sorry, I told her about your dilemma…she wants to have a conversation with you.
Just kidding. Well, I hope your boss knows it is not his lathe. And we know you are not done spending money on it.
And Phillip, you are now responsible for Sticks. You have to take him out for a beer or cup of coffee for encouraging that purchase.
Crap! You should have our 14 x 40 (Morarch K) for slightly less!
Just kidding, a 14 x 40 has a great value in a shop. I hope you find it as well.
3 phase available in the shop? Or a lot of coverters?
That is a good point. I was fortunate to be an employee of an organization that had about 1500 employees: Largest employer of the county. With that size, they contracted with a very large investment company for a flat rate. The rate was/is very minimal and I never talk to a person unless I want to. You set up a profile account online and specify how much you want taken out of your check, pick what programs you want to invest, decide for low, medium or high risk and can even have them re-balance your entire portfolio for free every 3 months. That was one of the best benefits, as well as the healthcare benefits of working for the hospital district.
Don’t know how long they will allow me to stay with that group since retirement. That is one question I am not going to ask.
Yup, VFD for sure. There goes another 1k. Down the road a bit.
My trailer is only set up for 240 single, on infrastructure power drop. My plasma is on 480 3ph off a generator. Looks like I will be either wiring the lathe for 480 and share the gen, keep switching the gen back and forth, or get a phase converter (might be able to charge that to the company). VFD would solve this issue.
Also got a 10" 4 jaw, and an 8" adjustable 6 jaw chuck (both Shars). Multifix tool post and 8 holders. Need to get a 14" face plate. Hard to find. Lots of 15’s. I suppose I can always pull the gap when I need it.
DRO. Need to get a DRO.
Well Sticks, you are off the hook. I told my wife that you went ahead and bought the lathe.
I was eating at the time and she replied “Well good for him. I think that is exactly what he should do with his money.”
[Dropped my fork on my plate, turned and looked at her…]
She continues: “Well, he has a job and is using it for work. He needs it.”
OMG…[I am speechless].
So I guess you have my wife’s blessing. 
You didn’t stare at her and say “Who are you and what did you do with my wife?”
I see that the Titan 25 ship dates are being pushed back. Bummer but perhaps that means the units that get delivered will be problem-free so maybe not all bad news.
Update on my Truck. It has been sitting at the dealership 3 weeks tomorrow. They informed me today that soon after I dropped my truck off to them, two of their “techs” have left which has left them with an incredible back log. It is looking more and more like I will be without my truck for upwards of 3 months.
Sure glad I hung onto my 24 year old, basic GMC vs trading it in at the time.
