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How do we get TSA Pre through AFS?
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Cuz it’s $$$
Hey! PwC Deloitte Accenture EY KPMG MBA degree (if it really matters) 3 years in a smaller consulting company, 2 years leading Global and National expansion for two companies. 5 years working in banking and wealth management. Currently a Manager leading the wealth management strategy.
Currently in Georgia, open to relocation to Texas or New York if needed but would really appreciate guidance as well as a referral. Looking to make a pivot back into the industry I have a passion for.
Bowl Leader
“We urge you to take ransomware crime seriously and ensure your corporate cyber defense match the threat.”
Not much more I can add to that.
The quote says it all, there are some good tips in your article; please be aware and share and keep your communities CyberSafe!
https://www.americancityandcounty.com/2021/07/07/ransomware-attacks-highlight-need-for-adequate-cybersecurity/
Bowl Leader
Anyone use Magoosh for studying for the GMAT?
Additional Posts in FIRE Financial Independence Retire Early
Coach
Definitely know that they will hurt the financial situation, but to me, kids are more of a priority than FIRE.
So overall happy to sacrifice a bit (or a bunch) of FIRE to have a bunch of kids.
It’s actually been really nice to have a baby during covid! We don’t feel like we’re missing out so much and it has made the last year a whole lot less negative!
But babies are not for everyone and they come with a lot of sacrifices! You have to want them!
So much of my financial planning that I did in preparation of my daughters birth went out the window the first second I held her. My wife and I just want to give her everything, even the things we explicitly did not include in our budget to begin with.
100% agreed. We actually spend less on her toys and way less on her clothes than we originally anticipated. But on the flip side, we’ve spent more on a nanny who is highly skilled and has great experience, we spent more to get as many safety features as possible in our car, our housing costs are going to go up so we can give her more space to play and so we can be as safe as possible, in addition to being near parks and the water, and we’re likely going to shell out more than anticipated for early childhood/preschool.
The cool thing is the mentality change. I’ve probably spent $200 at most on “things” for myself over the past year. Granted the pandemic has had an effect on that, but largely, I don’t really care about my own self because my happiness comes from her.
Nope, no one here thinks it through.
This thread is exactly why it's important to save as early as possible (even if also paying off student loans). I know it's not feasible for everyone, but I know plenty of people who have went out of their way to spend a ton because they're young and can afford it. I'm not even talking consultants who generally make much more than us tax folks. No sense of sacrifice because in their mind saving for retirement sounds dreadful because they assume it has to happen at 65.
Gotta save early as possible for future financial freedom which may involve working in something that pays less, but you enjoy 100% more, being able to spend on your kids, and spending on personal and family trips in your 30s. Once your nest egg is to a certain level and it will just grow on it's own without contributing anymore, you can pretty much take it easy until 55 /60 in terms of being lax on spending, unless you jump for significant life style inflation.
Enthusiast
Sounds like E2 is talking about something in the neighborhood of CoastFIRE.
https://walletburst.com/tools/coast-fire-calc/
One of the main reasons I pursue FIRE is for my future children. Having kids is important to me. I know for a fact, I will struggle to leave my babies after the callously short maternity leave in the US. Thus I want the choice to pursue a maternity sabbatical.
Absolutely, to each their own- but to me, FIRE is about being able to pursue a meaningful life on my terms, with lasting impact and time with loved ones. Kids and family are a part of that equation.
But it’s also the key motivator for why my husband and I busted our asses in our 20’s, working and hustling to get to a spot where we’re now millionaires in our early 30’s, putting away a couple hundred -K’s a year in brokerage after maxing out all tax-advantaged Accra (we’re high income, but also save 60% of take home), and a funded 529 plan thats already in place (lump sum to just appreciate). We’ve been super lucky with our careers, but we gave up our 20’s to just hustling and climbing the ladder so we can get to where we are (I’m 31), and we don’t need to choose between FIRE, career or kids.
Hustle, save, and invest when you’re young. Let time and compounding work for you.
I did. Factor it in.where I live including daycare/school they are $40k a year. Which is why my husband didn’t want them back to back so we got one and done!
That’s nuts. I’m paying 1/4 that and think it’s a lot
Just to be the contra: yes, but that consideration (among many others not related to money) contributed to our intentional decision *not* to have children.
I am HERE for being everyone's rich auntie though. I don't care if we're related. Everyone needs a cool auntie and I never had one so I'm making up for it. My budget includes at a minimum flying my brother's three kids to me every year for a week to ruin. 😁
Enthusiast
Also made the decision for many reasons unrelated to money, but getting to substitute auntie costs for mommy costs in my planning was huge for my FIRE journey!
I find all of your thoughts, ideas, sacrifices inspiring. Thank you for sharing.
Already an and I’m single and don’t have children. I already have a 529 started. It also helps me reduce my income tax too.
Thanks KPMG. It’s currently under my name, but I have 0 plans to go back to school.
Yes. We still plan to FIRE we just recognize it might be quite as early as if we weren’t having kids. But we’ve had many, many conversations about how to financially prepare for kids and we’re not even trying to conceive yet lol
Yep. Factored in daycare and 529s for 2 kids. Retiring comfortably as soon as the youngest starts college. But can choose a more modest lifestyle sooner ...
Yes - definitely. Had our first and planning for the second!
Cost of kids already factored in plus education costs for when they’re older (eg college).
Haha 😁 alas you can always send them to Stowe at a discount if you don’t mind the Queen’s English — they cut their fees to be more accessible.
At the rate I'm going I won't have to worry about spending all my money on kids by the time I get married if I do some day...
If I’m understanding correctly, you’re single and don’t see babies in the near future?
There are other options if you really want some bebés 😉😉
Starting early helps offset the hit to FIRE. We contribute to 529 monthly and forego large birthday/holiday gifts and contribute to a brokerage instead. Started since Day1.