u/throwmeaway2725

I posted my financial situation in my last two posts basically asking about a gut check on buying a couple year used boat for 30 to 35K with 10 K down. They are not having it lol.

Long story short, we are 29 with a kid on the way household income of 230 K and current net worth slightly above 400 K mostly in retirement accounts. After everything is all set and done we still have 2 to 3K left each month in cash savings. We have 55k in cash/efund currently.

I know I posted this on finance subs so I was expecting it, but I just think it’s funny that I seem to be committing an grave sin if I buy this boat.

Looking to go buy a 2-6 year old boat in the 30-35k price range. I know a lot of you are going to say “sounds like you made up your mind already” but looking to get a gut check.

I’ve grown up around boats my whole life, but I’ve never owned my own personally. Trust me I know boats are money pits, but I want one to fish in and take my family out on. (Have a kid coming). I live in an area where it would/could get a lot of use year round. We have storage at our house so don’t have to pay storage fees.

We are 29 married with HHI of 231k plus a few k in bonus. Our salary potential definitely has potential to grow as we are both fairly young in our careers. Combined we contribute about 17.5% of pretax to our traditional 401k. We max Roth IRA and half max our HSA. We currently don’t really have or contribute to much in terms of taxable brokerage accounts ( have a few k but that’s it).

We have a total net worth right now of slightly above 400k.

Total retirement accounts (401k Roth HSA): ~345k

Cash: ~55k

House equity: ~38k based off what we’ve paid towards principal (owe 389 at 6.6%), most likely more as we could sell for more as we did a lot of renovations like new roof, new kitchen gut and remodel, and master bath gut and remodel.

Cars: one fully owned and one 2 years left with 15.5k balance.

No other debts. After taxes, investing, bills and average expenses over the month. We still have anywhere from $2000-3000 leftover each month that goes to cash savings.

With daycare expenses probably beginning early middle next year we obviously have to take that into account as well.

My plan would be to put 10k down over a ten year loan, with plans to pay it down faster. Minimum Monthly payments would be around $270.

Looking to go buy a 2-6 year old boat in the 30-35k price range. I know a lot of you are going to say “sounds like you made up your mind already” but looking to get a gut check.

I’ve grown up around boats my whole life, but I’ve never owned my own personally. Trust me I know boats are money pits, but I want one to fish in and take my family out on. (Have a kid coming). I live in an area where it would/could get a lot of use year round. We have storage at our house so don’t have to pay storage fees.

We are 29 married with HHI of 231k plus a few k in bonus. Our salary potential definitely has potential to grow as we are both fairly young in our careers. Combined we contribute about 17.5% of pretax to our traditional 401k. We max Roth IRA and half max our HSA. We currently don’t really have or contribute to much in terms of taxable brokerage accounts ( have a few k but that’s it).

We have a total net worth right now of slightly above 400k.

Total retirement accounts (401k Roth HSA): ~345k

Cash: ~55k

House equity: ~38k based off what we’ve paid towards principal (owe 389 at 6.6%), most likely more as we could sell for more as we did a lot of renovations like new roof, new kitchen gut and remodel, and master bath gut and remodel.

Cars: one fully owned and one 2 years left with 15.5k balance.

No other debts. After taxes, investing, bills and average expenses over the month. We still have anywhere from $2000-3000 leftover each month that goes to cash savings.

With daycare expenses probably beginning early middle next year we obviously have to take that into account as well.

My plan would be to put 10k down over a ten year loan, with plans to pay it down faster. Minimum Monthly payments would be around $270.

I’m an engineer and this position popped up on my LinkedIn and it seemed interesting. Is this just a run of the mill fbi agent position? Any info would be great

Job posting:

Use your STEM background to become an FBI special agent!
The transition from engineering to special agent is more than a career move-it's an opportunity to upskill and become an expert in your field. At the FBI, you won't just use your software development experience; you'll also build on it by working on cases that challenge you to think critically, adapt quickly, and collaborate with elite professionals tackling national security threats. Your ability to uncover crucial information, problem-solve, and apply your technical knowledge will help protect our nation from cyberattacks, terrorism, fraud, and evolving threats.
With specialized training, real-world investigative experience, and access to cutting-edge technology, you'll refine your systems and programming skills, enhance your expertise, and develop the foundation to become a leader in your field. The Bureau matches your dedication with a commitment to professional growth, a supportive work environment, and a robust benefits package that prioritizes you. Set yourself apart. Apply

ray lever tor inis position:
•
$103,236.00 - $133,200.00
Salary is commensurate with base, locality, and availability pay.
MAJOR DUTIES
• Plan and conduct investigations of potential violations of federal laws, cybersecurity, and public safety.
• Exercise judgment, resourcefulness, and versatility in meeting investigative demands.
• Create and maintain effective liaison relationships with federal, state, local, tribal, territorial, and international law enforcement agencies.
• Maintain a level of physical fitness to ensure the readiness required to perform law enforcement duties.
KEY REQUIREMENTS
• Must be a U.S. citizen.
• Must be able to obtain a Top Secret Sensitive Compartmented Information (SCI) Clearance.
• Must be willing to travel as required.
• Must meet the FBl's Employment Eligibility requirements.
EDUCATION
• Candidates must have a bachelor's degree or higher (preferably in engineering or related field) from a U.S. accredited college or university.

I would be looking at boats in the 40-50k range, so this is more for boats in that ballpark.

Did you negotiate some off? Did you get any extra adding thrown in? (Top, gps, power pole??)

Is there a savings to be had there?

I was originally looking to go buy a used 18-20 foot bay boat with 15k cash outright. So far it seems that will get me a 20-25 year old boat off marketplace.

If I buy brand new those boats seem to be 45k ish. Is there a savings if I look at a couple year old boats with low hours?