Soc. Security Cost of Living raise appeared today

[stevej37]

^^^ KC
I agree
signed...Mr Ed

[Bob Kontak]

Originally Posted by GH85Carrera

I own my own company, and I do the work when it arrives, and it might be Christmas day, or any other day and my mean slave driver boss makes me get the work done.

Show her this and tell her to address you by your new nickname.

[stevej37]

Originally Posted by Bob Kontak

My brother the EV freak says buy a share of Tesla each month but that sounds way too responsible.

There's no way a person is going to make $1.35 billion on Tesla shares.

[masraum]

Originally Posted by GH85Carrera

I got mine today as well. It is weird, it shows up in my bank account as "pending" for several days before they make the actual deposit and release the funds. It is like they are waiting for the deposit account to clear or something. who knows how it is supposed to work.

It's been my experience with my bank that electronic deposits are visible as pending, usually 2 days before they are deposited. Whether it's my direct deposited paycheck or some other incoming payment, I usually see the deposit as pending 2-3 days out. Then it'll disappear on the last day, and then I think it's usually deposited midnight of the day that it disappeared.

It's probably a lot like a post dated check. Financial institution A wants to send funds to and account at Financial institution B. A tells B on some date "I'd like you to deposit some amount in John Doe's account on a date 3 days out." Your bank gets that notification and shows you that it's coming, and then 3 days out, you get the moola.

[KFC911]

Originally Posted by stevej37

There's no way a person is going to make $1.35 billion on Tesla shares.

Elon did

[KFC911]

Originally Posted by masraum

It's been my experience with my bank that electronic deposits are visible as pending, usually 2 days before they are deposited. Whether it's my direct deposited paycheck or some other incoming payment, I usually see the deposit as pending 2-3 days out. Then it'll disappear on the last day, and then I think it's usually deposited midnight of the day that it disappeared.

It's probably a lot like a post dated check. Financial institution A wants to send funds to and account at Financial institution B. A tells B on some date "I'd like you to deposit some amount in John Doe's account on a date 3 days out." Your bank gets that notification and shows you that it's coming, and then 3 days out, you get the moola.

My automatic payment drafts also show as pending a day or two in advance fwiw.

[GH85Carrera]

Originally Posted by Bob Kontak

Show her this and tell her to address you by your new nickname.

My mean boss makes me mow his yard, wash and wax his cars and even repair his cars.

I get even with him by sleeping with his wife, and drinking his beer!

[stevej37]

The biggest raise since 1981

https://www.ssa.gov/oact/cola/colaseries.html

[fintstone]

Sucks when your "cost of living increase" is less than the cost of living has increased.

[jcommin]

Got my increase too. Went into saving withs the rest of my SS check.

[stevej37]

^^^ It's a nice increase.
I'm happy with it.

[wdfifteen]

Originally Posted by Bob Kontak

Eggs are the new status symbol.

Good to know Bob. Our chickens were on strike all through November and December (molting). They started laying again a few days ago, so maybe I'll go out and buy a new Tesla. You don't think it would be too ostentatious to have eggs AND a new car do you?

[dan88911]

This just in, House Republicans are making clear that they intend to seek cuts to entitlement programs like Social Security and Medicare with their new majority in the 118th Congress.

[stevej37]

^^^ Awesome

I was having problems with where to go with all the money...lol

[WPOZZZ]

Originally Posted by stevej37

I didn't really get the meaning of this....until I read this.....

https://finance.yahoo.com/news/egg-prices-soar-nearly-60-as-some-retail-locations-see-low-supply-184226355.html

$4.25 dozen for large eggs? I always get jumbo's...I wonder what they are going for?
Even though that's a very large price increase....I see eggs as still being a good price. (for what you get)

That would have been the sale price 6 months ago. Today, on the big island, it was $14 for a 18 pack of eggs and $11 for a loaf of bread.

[Crowbob]

Not long ago there was a discussion here about keeping cash under your mattress for emergency back-up. Some suggested having a pile of 50’s or 20’s because 100’s were too big to exchange person-to-person.

I’m like, well $100. won’t go very far when bread is $15/loaf, a gal of gas is $8 and a dozen eggs is a thing of the past.

[KFC911]

Originally Posted by stevej37

^^^ Awesome

I was having problems with where to go with all the money...lol

Now ya know why I don't play the lottery .... worrying about 400 million cartons of eggs would suck .... eggs !

[Bob Kontak]

Originally Posted by GH85Carrera

My mean boss makes me mow his yard, wash and wax his cars and even repair his cars.

I get even with him by sleeping with his wife, and drinking his beer!

I finally get it. Ha. I'm slow, but on the upside, I'm getting old.

[wdfifteen]

The COLA increase will be a nice net positive for us. We live pretty frugally. We don't have to anymore, it's just habit and we enjoy being somewhat self sufficient.
I make our bread, two 250gram boules cost about $1. I do the rest of the baking too. Eggs - I don't know. I joke that by the time I add in labor they cost about $25 a dozen, but in fact if I double the cost of feed to cover housing and maintenance expenses they're about 50 cents a dozen. We give away more eggs than we use. We heat the west half of our house with wood from the property here about 80% of the time.
If Social Security gave out time instead of money I'd be happier, but I'll take the money.

[stevej37]

Originally Posted by WPOZZZ

That would have been the sale price 6 months ago. Today, on the big island, it was $14 for a 18 pack of eggs and $11 for a loaf of bread.

Ouch!
This am, I saw a small grocery store near me advertising 'Eggs $3.95/doz.'