May 10, 2017

Travel with toddler: going international! (Part 1)

Going international with JuggerBaby: Part 1 With a touch of Type A-ness, and as a chronic illness person who has to be very careful about allocating energy resources, I approach all travel with the intensity of an astronaut preparing to go into space.

I’ve had to get a lot better at this over the years.

I’ve made just about every mistake under the sun, starting with forgetting to pack my laptop charger and pants on a business trip, booking flights for the wrong travel dates in the early days of internet booking, and even going to the airport on the wrong day.

Trial and error has been a harsh, but mostly effective, teacher.

And yet when I booked a trip for PiC last month, I still had a moment of panic when the confirmation email landed in my inbox – had I accidentally booked it for myself??

(No, but it was a plausible error.)

I’ve developed a very involved to do list to follow before we travel but this was our first international jaunt. This trip wasn’t a vacation, it was mostly obligatory family stuff that I can’t get into, but it was still travel with all the inherent packing and planning needs of a vacation so I made what I thought were the appropriate adaptations for flying overseas.

Three months out

  • Check the dogsitter’s availability and save the date.
  • Research flight and hotel costs. Research also: best seats on various planes, best mileage earning options, lounge access (thanks to the Chase Sapphire Reserve).
  • Fill out passport application for JuggerBaby. Take the whole family on an adventure to the processing center and pay $80 to the U.S. State Department, and $25 to the processing center. Wait anxiously for the passport and birth certificate to be returned by mail.

Two months out

  • Make a final decision on flights and hotels. Book ’em, Danno!
  • Check everyone’s vaccine records, medications, and other critical supplies to ensure we have enough for the next 3 months. I don’t want to run out while traveling, nor to come back and find out that we’ve got one day of meds left! This has happened before, in unhappier days.
  • Scan a copy of everyone’s travel documents and back them up in two places in case we lose the physical documents.
  • Make up packing lists.
  • Find out that the sitter isn’t available for either this Big Trip or a smaller trip that’s going to happen sooner. Have a minor panic and spend several hours finding possible replacements. Spend more hours interviewing.

One month out

  • Get last check-ups. This round, only Seamus and I needed to be checked for clean bills of health.
  • Confirm dogsitter booking.
  • Decide that for 2 adults & 1 child, over 10 days, we’re taking 2 carry-on suitcases (9″ by 14″ by 22″), and 2 largeish backpacks. Redo packing lists. Pretend that we don’t go through more than one garment a day. Laugh because it’s utterly foolish.

Two weeks out

  • Put together Seamus’s vacation pack: dog food, medications, supplements, launder his bedding.
  • Order a refill of his medication from the mail order pharmacy – it takes 5-7 days to deliver.

One week out

  • Triple check Amazon subscribe and save order – make sure that all the essentials will be delivered the day after we return.
  • Ditto mail – put it on hold until the day we return.
  • Recall that JuggerBaby has been the Worst about going on walks, demanding to be carried at least half the distance that ze can easily run six times over given the proper motivation. Panic about traveling with a heavy well fed toddler without a stroller, having sold your awesome but bulky infant / toddler stroller on Craigslist three weeks ago (+$50). Buy an umbrella stroller that’s only a little broken (-$35) but still functional and only 1/3 the size of the last stroller.
  • Realize you’ve run out of time to have a night away for a trial run with the dogsitter. Realize you’re a neurotic dog mom who didn’t want to be parted from him for even a day, much less a week, and mentally stomp your feet about going without him. This is the second hardest part about travel.

The day before

  • Top up travel sized liquids for carrying on the plane. This was a masterpiece of jigsawing and make do. I rescued a sturdy plastic zipper bag, our free-with-baby package of hospital amenities from JuggerBaby’s birth, and filled it with rescued bottles. Motrin replaced liquid infant Vitamin D, Zarbee’s replaced now useless teething tablets, eczema lotion filled the 3 year old mostly empty jar of Noxema. All under the required 3 ounce liquid limit, all reused, nothing had to be bought! Tiny frugal victories.
  • Break the plastic zipper on my document envelope and curse the cheap plastic roundly. Force the clip back on and proceed with maximum caution because losing our passports at any point on this trip is a big fat No.
  • Overpack our carry-on backpacks: a change of clothes for everyone, a day’s worth of diapering supplies, all the medication for everyone, a sleep pack for JuggerBaby (pajamas, book, stuffed animal, blanket, lotion and nighttime chest rub), a thousand toys and “toys” (stickers, bubble wrap, Lego people, window clings, reusable stickers, Crayons, colored pencils, paper).
  • Print boarding passes because some airlines are stuck in 1993.
  • Wash, dry, fold two last loads of laundry so we’ll come home to clean clothes and towels. If I were really ambitious the sheets would have been done too.  #Nope
  • Triple check the lounges we have free access to for departing and returning airports, make sure we have our lounge passes and be heartily annoyed that PiC’s has gone missing. If my desk weren’t a certified disaster zone I’d know exactly where it was. I think.

My policy is not to spend while traveling unless it’s absolutely necessary, but that has to be balanced with our ability to carry everything. This round of planning and packing went well. I had to replace a few things on the trip itself (cheap plastic!!) but overall I managed to pack only 15% more than we actually needed and part of that 15% was simply because the travel was overbooked and we didn’t have the leisure time we anticipated.

:: How do you prepare for international travel? Is it old hat to you, or do you get the giddy pre-travel anticipation that I do?

May 8, 2017

On the home(buying) front: making the numbers work

HouseHunt 2017: the budgeting process [Part 3] I’ve been crunching the numbers constantly and noisily. And I do mean constantly. It’s a morning, noon, and night sort of hobby.

Taking on a new mortgage when we were within 5-7 years of paying off this one was not in the list of dreams I held for 2017. Not even close!

Buying in the Bay Area is a stiff proposition. Competition is fierce, people are making all cash or no contingency offers right and left, it’s easy to get caught up in the fervor. But not I!

Even ignoring the desire to retire early, which is quite a bit further away once the new mortgage happens, there are serious constraints on our ability to buy. Which is to say, I refuse to stretch ourselves beyond our means.

Budget considerations

First things first. Ignore what the bank tells you that you can “afford”. We all know that the bank only cares about the money it’s going to earn off your loan.

This is what I did:

  1. Set my top comfort level limit. There’s a number that would just make me run for the corner, gibbering. I absolutely won’t buy a home at that price.
  2. Ran the numbers based on that limit: 20% down payment, loan amount, possible monthly payments and total loan cost.
  3. Looked at how much the new mortgage would cut into our monthly and annual savings, assuming all other costs stay the same: investing, utilities, daycare, food, gas, travel.
  4. Then I looked at how that total number stacks up against the regional comps. This was a bad comparison – our number was not competitive at all. Instead of increasing our number, I adjusted our expectations of what we could get. Adjusted = dropped the bar to the floor.
  5. I had a moment of madness where we checked to see if we could increase our pre-approved loan limit but then I came back to my senses. It wasn’t worth it.
  6. I asked our prospective loan officer 30 questions: what products they offered, the loan terms, and how much they charged to recast the loan, if anything. After deciding which of the lenders was the best fit for our needs, I gathered all our paperwork – oh so much paperwork! – and started the loan process.

We now have a somewhat reasonable range for making offers and I’ve got a fleshed out spreadsheet to work our numbers in for each time we plan to make an offer. I also asked our insurance provider to give me a quote for coverage based on an equivalent property to what we’re hoping to find.

This means I can quickly calculate our monthly, annual and life of loan costs, taxes and insurance, and see right away if we’re making a totally unrealistic commitment. This also means I can see that our “reasonable offers” are laughable in this market. But I do NOT care. We’re going to make this work.

Helpful tip 1: Even when they say you’re fully underwritten and you can proceed with making an offer, you might still want a loan contingency because the early underwriting process isn’t the final process. Things can still change.

Helpful tip 2: Be careful about what you do with cash and your accounts that they’ve already assessed. It’s a huge pain to have to explain pretty much every transaction that you make between the time they approved your loan and when you get to closing.

Helpful tip 3: It should go without saying that you shouldn’t be running out to spend a whole lot of money after an offer is accepted and before closing. Not that you should spent a boatload after closing, unless you’re so flush with cash that there’s literally no use for that money but spending. But before closing, the important thing is that the lender can decline to fund your loan if your assets drop enough before closing.

:: Have I missed anything important in this early stage? 

Before: Background, Part 1, Part 2

Next on our Home Buying Adventure: Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10, Part 11

May 4, 2017

Net Worth & Life Report: April 2017

Money and Life Report: April 2017

On Money

Income

Our normal income comes from two full time day jobs.

We experiment with earning money on the side, including minimal cash flow that we don’t touch from an investment property and investing in dividend stocks. Some of our side income comes from Swagbucks, selling clothes on Poshmark which is hit or miss, and tracking activity through Achievement (my introduction to it).

The goal is to replace our day job income before my health declines prevents me from working.

*** (more…)

May 1, 2017

Reaping Dividends: April 2017 report

Reaping Dividends: April 2017

My brokerage is TradeKing, I’ve been very happy with their low fees and service. They’re offering a promotion through my referral link right now: New accounts opened with a $500 minimum deposit get $500 in free trade commission and new accounts opened with a $5000 minimum deposit get $1000 in free trade commission.

  • Given my apathy towards the trajectory of my full time job (flattish for now) and the trajectory of my salary (also flattish), I’ve decided to carry on with investing in dividend stocks. It’ll be useful for early income replacement if I were to voluntarily retire, but also in case my health drops precipitously. There’s no guarantee I’ll stay healthy enough to work for as long as I want to work.
  • The $15,000 that I was holding finally went into two more stocks in January – both have already paid out their dividends as well.

Year to Date Dividends: $518.20, Fees: $9.90, Net: $508.20

Income Replacement

For perspective, I like to think of the dividends investing project in terms of how much of our income it can replace, or how much of our fixed expenses it can cover.

At a whopping $508.30, this year’s dividends can pay 50% of one mortgage payment. Over the past 6 years, I’ve made a total of $1,940.80. It’s all been reinvested, I haven’t taken any dividends out of the portfolio and won’t for some years yet.

Income projection. If nothing changes, we’ll see about $1500 in dividend income this year.

:: How did your portfolio do this quarter? Would you try to replace income this way, or do you have another preference?

This website and its content are copyright of A Gai Shan Life  | © A Gai Shan Life 2025. All rights reserved.

Site design by 801red