Management wants to kill 4 day AWS.

Tater_Toad said:
This has been my biggest complaint about my coworkers: ATC is their first job.

My quality of life is similar to being a line cook (granted, I was valuable in the kitchen, moreso than most) in a tier 2 city. But now with a pension, health insurance, retirement contributions, and breaks. I also get stabbed and burnt a lot less.

But I've had other jobs where my quality of life far outpaced where I am now, still with no benefits though. So stability is much better, but I still live like I'm a fucking line cook. Can't take a real vacation more than once every 3 years. 3 nights in a hotel alone would wreck me let alone any airfare to get somewhere OCONUS.

It's still better than retail/service/manual labor. It's just the standard of living that should be afforded to those positions. Retail workers should have what I have, I should have the ability to leave the continent annually with my 2.5 children and wife with a retail job.

I'm not talking staying in the burj khalifa for 2 weeks but Hilton garden inn should be doable while balancing a family and a 15 year mortgage.



Anyway.... I may just have to try running interference/sleight of hand to get 4x10s next year.

Thanks to the 4 or so that are actually trying to help here.
Click to expand...
Idk sounds like you want communism
 
Tater_Toad said:
This has been my biggest complaint about my coworkers: ATC is their first job.

My quality of life is similar to being a line cook (granted, I was valuable in the kitchen, moreso than most) in a tier 2 city. But now with a pension, health insurance, retirement contributions, and breaks. I also get stabbed and burnt a lot less.

But I've had other jobs where my quality of life far outpaced where I am now, still with no benefits though. So stability is much better, but I still live like I'm a fucking line cook. Can't take a real vacation more than once every 3 years. 3 nights in a hotel alone would wreck me let alone any airfare to get somewhere OCONUS.

It's still better than retail/service/manual labor. It's just the standard of living that should be afforded to those positions. Retail workers should have what I have, I should have the ability to leave the continent annually with my 2.5 children and wife with a retail job.

I'm not talking staying in the burj khalifa for 2 weeks but Hilton garden inn should be doable while balancing a family and a 15 year mortgage.



Anyway.... I may just have to try running interference/sleight of hand to get 4x10s next year.

Thanks to the 4 or so that are actually trying to help here.
Click to expand...
You almost had me until 15 year mortgage. Bruhhh. Most people in the US can't afford to buy a home with a 30 year mortgage. And it sounds like you're describing a SAHM + kids with a 15 year mortgage. That isn't a reality for Americans right now unless you've got family money. You're paying a lot extra per month that you could be paying towards enjoying your life now.

If you have under a 4 percent interest rate and chose a 15 year mortgage instead of 30, you're just making bad financial decisions. That was free money you turned down. If you are trying to bust hard to save for the future, that's also a decision you made but look at it honestly.
 
Mortgage Term

Monthly Mortgage Payment

Total Cost Of Mortgage Interest

Total Cost Of Mortgage

30-year fixed

$ 1,145.80

$172,486.82

$412,486.82

15-year fixed

$ 1,775.25

$79,545.18

$319,545.18
 
Total cost doesn’t matter. Type can deploy that extra cash more productively. Also time you live in the house matters a lot.
 
blarg said:
now check the numbers on having a 30 year, but making the same payment as the 15 year
Click to expand...

I ran a few scenarios on a $450k house with 20% down, in general you'll pay off the house in 16-17 years depending on the exact interest rates. But you're looking at about 1.5 years of extra payments.

The biggest thing with the 15yr is that it forces discipline. I know guys at my lvl12 Z that bought their houses years ago and still have no equity because it was "free money" to keep refinancing to new 30 year notes taking equity of the house and splurging on vacations, housing "upgrades" (e.g. $120k kitchen makeovers, additions, in ground pools), boats/RVs, etc. Well now that has come to a grinding halt, and they are stuck with high food and gas prices, sky-high insurance rates, soaring utility prices, crazy high IL property taxes, and still have 28 years of housing payments to look forward to with their kids approaching college.

People saying that the cash can be "deployed more productively" instead of towards a mortgage, get real LOL. Sure if people put the money in the SP500 or buy a rental property they will likely (but not 100%) come out ahead over 15-30 years. But very few people think that way, so it's irrelevant. This is why so many are broke af despite being high earners. Their best option would've been to pay off their houses ASAP - it's a totally risk-free guaranteed "return" even if it's a bit underwhelming and not sexy.
 
Last edited:
There are a lot of things that make paying more over a longer of time better.

Inflation. Opportunity cost with alternate investments. Wage growth over time.

If your budget was 319k in 2015, do you think you could buy the same house for 412k in 2030?
 
RalphBeast said:
I ran a few scenarios on a $450k house with 20% down, in general you'll pay off the house in 16-17 years depending on the exact interest rates. But you're looking at about 1.5 years of extra payments.

The biggest thing with the 15yr is that it forces discipline. I know guys at my lvl12 Z that bought their houses years ago and still have no equity because it was "free money" to keep refinancing to new 30 year notes taking equity of the house and splurging on vacations, housing "upgrades" (e.g. $120k kitchen makeovers, additions, in ground pools), boats/RVs, etc. Well now that has come to a grinding halt, and they are stuck with high food and gas prices, sky-high insurance rates, soaring utility prices, crazy high IL property taxes, and still have 28 years of housing payments to look forward to with their kids approaching college.

People saying that the cash can be "deployed more productively" instead of towards a mortgage, get real LOL. Sure if people put the money in the SP500 or buy a rental property they will likely (but not 100%) come out ahead over 15-30 years. But very few people think that way, so it's irrelevant. This is why so many are broke af despite being high earners. Their best option would've been to pay off their houses ASAP - it's a totally risk-free guaranteed "return" even if it's a bit underwhelming and not sexy.
Click to expand...
But you can’t invest that money that will return a higher rate. Also most people only live in a house like 7 years.
 
30 year but making extra payment is the way to go. This way if you fall on hard times for whatever reason you can just pay the smaller payment. Especially now with high interest rates where the rate isn’t much lower than average return on the market.
 
Somenewguy said:
You almost had me until 15 year mortgage. Bruhhh. Most people in the US can't afford to buy a home with a 30 year mortgage. And it sounds like you're describing a SAHM + kids with a 15 year mortgage. That isn't a reality for Americans right now unless you've got family money. You're paying a lot extra per month that you could be paying towards enjoying your life now.

If you have under a 4 percent interest rate and chose a 15 year mortgage instead of 30, you're just making bad financial decisions. That was free money you turned down. If you are trying to bust hard to save for the future, that's also a decision you made but look at it honestly.
Click to expand...
Yeah and if I could get a 0% mortgage apr I could fit two cans of beans up my ass but I promise you that rate ain't happening just like 4% is long fucking gone dude.

Can you really guarantee anyone that extra payments towards a 7.5% rate are wasteful compared to saving the equivalent in the market?

Enjoy my life now, yes that's what the extra pay we all need is for. We should be allowed to enjoy our 52 days per year plus 2 weeks of leave. But we shouldn't be stuck with a retarded mortgage for the first 15 years of retirement. If I have to retire at 56 then my mortgage has got to be paid off by 53.

I swear some of you are actually retarded.
 
Tater_Toad said:
Yeah and if I could get a 0% mortgage apr I could fit two cans of beans up my ass but I promise you that rate ain't happening just like 4% is long fucking gone dude.

Can you really guarantee anyone that extra payments towards a 7.5% rate are wasteful compared to saving the equivalent in the market?

Enjoy my life now, yes that's what the extra pay we all need is for. We should be allowed to enjoy our 52 days per year plus 2 weeks of leave. But we shouldn't be stuck with a retarded mortgage for the first 15 years of retirement. If I have to retire at 56 then my mortgage has got to be paid off by 53.

I swear some of you are actually retarded.
Click to expand...
Says the guy who needs more money after 500 hours of OT and somehow isn't maxing the tsp
 

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