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Viewing profile - LaurainCancun

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LaurainCancun
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Joined: Sat Jan 29, 2011 8:32 am
Last visited: Mon Jun 06, 2011 10:52 am
Total posts: 20
[0.02% of all posts / 0.01 posts per day]
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Most active forum: Personal Finance
[ 17 Posts / 85.00% of user’s posts ]
Most active topic: New reader with newlywed expenses
[ 6 Posts / 30.00% of user’s posts ]

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LaurainCancun Posts

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 Forum: Personal Finance   Topic: Should I Buy This Piece of Land?

Posted: Fri Apr 22, 2011 9:14 am 

Replies: 12
Views: 1649


rickyjo: Thanks for the response! The most I can earn each month would be about $100 more than what I normally earn. I will definitely be aiming to get those extra $100 a month from April through June :) As far as cutting costs, the only areas we can cut at this point are prepaid cell phone costs (w...

 Forum: Personal Finance   Topic: Should I Buy This Piece of Land?

Posted: Wed Apr 20, 2011 9:52 am 

Replies: 12
Views: 1649


I really like the idea of payments or having the whole family go in on it together, like ya'll are suggesting. For the record, I'm not suggesting this at all. Quite the contrary. Never mix family with business. I know, I was referring back to posts by fantasma and DoingHomework. But I agree *to a c...

 Forum: Personal Finance   Topic: Should I Buy This Piece of Land?

Posted: Wed Apr 20, 2011 9:08 am 

Replies: 12
Views: 1649


The reason the uncle "wants out" is because he needs the cash. I really like the idea of payments or having the whole family go in on it together, like ya'll are suggesting. Here are some potential downsides to that: 1) The normal price of the land is $3000. We would only be able to get it...

 Forum: Personal Finance   Topic: Should I Buy This Piece of Land?

Posted: Wed Apr 20, 2011 7:19 am 

Replies: 12
Views: 1649


Tightwad wrote:

Not sure what you mean by this but personally I'm not buying any real estate for "family" for any reason.


Yes it would be important to the family, but there are selfish motives involved as well... we don't want to lose our cheap vacation spot haha

 Forum: Personal Finance   Topic: Should I Buy This Piece of Land?

Posted: Tue Apr 19, 2011 3:29 pm 

Replies: 12
Views: 1649


My husband's mother is from a small fishing village in Mexico, about 4 hours from where we live now. We go there several times a year on vacation. Many of my husband's aunts, uncles and cousins own small strips of land on a small peninsula... so basically the entire peninsula belongs to the same fam...

 Forum: General Discussion   Topic: Etiquette question - what do you all think?

Posted: Tue Apr 19, 2011 9:40 am 

Replies: 16
Views: 4162


I think those are some major errors, and like previous commenters, you should definitely kindly inform them so that they don't make those mistakes in the future. At the same time, I don't see a few social faux pas as a reason not to contribute to a charity. After all, it's about the cause, not about...

 Forum: Personal Finance   Topic: Survey of cost of living

Posted: Mon Apr 04, 2011 3:11 pm 

Replies: 9
Views: 1861


I live in a relatively low-cost part of the world, in Cancun Mexico. My husband is in school, and we're currently living on just my salary. We also have 3 dogs. We recently worked out a budget... our regular monthly costs are just under $700 a month (including rent, groceries, utilities, cell phones...

 Forum: Personal Finance   Topic: New job, fresh start

 Post subject: Re: New job, fresh start
Posted: Tue Mar 22, 2011 4:07 pm 

Replies: 5
Views: 1374


Congrats on your new job! I'm new to personal finances myself so take my words with a grain of salt, but it sounds like if you're not paying rent, you could easily spend less than 60% on necessities if you wanted to. Housing expenses should account for 25% of your total budget (in theory), and you d...

 Forum: Personal Development   Topic: Being the best

 Post subject: Re: Being the best
Posted: Thu Mar 10, 2011 10:26 am 

Replies: 7
Views: 4022


I think it depends on what you're good at. I'm going to toot my own horn a bit here. I'm the best translator I know (Spanish - English), probably one of the best in my city. I make 2 - 3 times as much money as most of the people I graduated from college with, and a bit more than most of my translato...

 Forum: Personal Development   Topic: What do you make of this quote?

Posted: Thu Mar 10, 2011 10:08 am 

Replies: 13
Views: 7173


I agree that it's important to have a blast in college. I managed to go out to clubs every weekend, stay up til dawn, go to the beach, all that good stuff during my 4 years. (I still do sometimes.) At the same time I only spent the small budget I was given for living expenses (thanks Mom and Dad!), ...

 Forum: Personal Finance   Topic: Thank goodness for emergency funds

Posted: Wed Mar 02, 2011 1:34 pm 

Replies: 1
Views: 973


Thank God for GRS! In February we saved a few hundred bucks to get our emergency fund started for the first time (thanks to great articles and great advice from this forum). We set aside some money so I could get a checkup at the doctors (hadn't been in awhile, and it was nice to have the money to ...

 Forum: Personal Finance   Topic: New reader with newlywed expenses

Posted: Fri Feb 04, 2011 8:59 am 

Replies: 12
Views: 2146


Thanks to everyone for the awesome advice! My husband and I talked about it, and we're going to save half of our leftover money each month, and the other half (or less than half) will go toward paying for some upcoming expense. Thanks to Greenewashed for that advice. This month we'll start saving to...

 Forum: Personal Finance   Topic: Spending on groceries

 Post subject: Re: Spending on groceries
Posted: Wed Feb 02, 2011 12:57 pm 

Replies: 47
Views: 6129


Young couple living in Cancun, Mexico. We spend $140 a month on groceries. Laura that seems like (ALOT) for Cancun? I would've thought food prices go way down out side of the USA? Cancun is cheaper for certain things. For example, movies are about $4, taxis cost $1.50 and I only pay $350 rent for a...

 Forum: Personal Finance   Topic: Spending on groceries

 Post subject: Re: Spending on groceries
Posted: Tue Feb 01, 2011 11:46 am 

Replies: 47
Views: 6129


Young couple living in Cancun, Mexico. We spend $140 a month on groceries.
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