About Me

Ralph

50-ish married male who is scared to death by college expenses for two kids.

Financial Summary:
Good salary and 401k
No significant after tax savings
Big time college expenses for children for at least the next 7 years
Too much CC debt
Homeowner with decent equity but high property taxes

My Pages

January 2009 Goals

Rearranging the deck chairs on the Titanic

January 13th, 2008 at 07:53 am

My finances have hit an iceberg (college). I should be getting the women and children into the lifeboats, right? The water level is rising fast! So saving another $100 or $200 a month probably isn't going to save our ship. Not that I can ignore cutting expenses, but I need to make more drastic maneuvers. Oh well, until then, I don't like the position of these deck chairs!

Posted in General | 7 Comments »

7 Responses to “Rearranging the deck chairs on the Titanic”

luxliving Says:
January 13th, 2008 at 11:11 am

Ralph, you crack me up - although I know it isn't funny :O on your end, however, I love the analogy!
ralph Says:
January 13th, 2008 at 12:55 pm

Thanks, luxliving. I do get a lot of mileage out of that deck chairs on the Titanic thing - a very good source of black humor.
denisentexas Says:
January 13th, 2008 at 04:30 pm

Yep Ralph, you're a hoot!
boomeyers Says:
January 13th, 2008 at 08:07 pm

Now c'mon. Yes, I love the humor, but never think it is hopeless! Make the deck chairs into flotation devices and live man, live!! PS, every little bit helps!
JanH Says:
January 13th, 2008 at 08:35 pm

Having spent the last eight years with college expenses and facing a couple more....I feel your pain. It is a worthwhile investment in their futures. But, it isn't easy. Keep your head above water and tread like crazy!
luxliving Says:
January 14th, 2008 at 06:43 am

Yes, I'd agree with the other posters Ralph, it's time for you and wifey to batten down the hatches and to keep rowing in the SAME DIRECTION for this focused time.

How is that portion coming along?
Ralph Says:
January 14th, 2008 at 09:41 am

"How is that portion coming along?"

A little better. looking more hopeful. I was mentioning to her how she had spent thousands on clothes and she started questioning me (I may have exaggerated a tad), so that's why I'm now looking to restart with using financial software to keep us focused on where the money is going versus where it should be going.

Ralph's Personal Finance Blog

Hail Mary!

Rearranging the deck chairs on the Titanic

7 Responses to “Rearranging the deck chairs on the Titanic”

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