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Old 04-13-2008, 10:24 PM   #46
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Quote:
So the way to do the car insurance thing is to change them to "occasional" status so they can still drive on breaks?
It depends on the policy; talk to your agent. I've taken my kids off entirely -- the agent says I am still covered if they are driving my car, as long as they have not moved home for more than 30 days. My d. is off to Europe & Asia this summer, so that's no problem. My insurance is very flexible about taking the kids off & adding them back again if & when it is needed -- but basically I don't think that either of my kids was ever home long enough for it to become an issue.
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Old 04-14-2008, 06:04 AM   #47
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I don't think we save any money with S1 being gone with the exception of buying less milk,lol. When he was here we rarely gave him spending money once he reached sixteen. He worked a lot and made his own. His sr. yr. he was rarely at home to eat (except breakfast) so our food budget dropped then. Now that he's in college we send him money monthly to help with his bills (lives offcampus, no mealplan). We still pay for his cell phone and car insurance. Also have to pay for lots of expensive running shoes that we weren't buying when he was here. He still works 20 hours a week and is on a full scholarship. We aren't complaining.
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Old 04-14-2008, 03:36 PM   #48
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The phase outs are another example of an unrealistic tax code. Middle America is caught squarely in the middle as it were. I have started complaining to my state senator, whose is worried about thing like whether or not there was spying in the NFL.
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Old 04-14-2008, 03:43 PM   #49
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Our state will not allow us to switch our son to occasional driver status, but we are able to take him on and off the policy freely. This has saved us abour 300 dollars a month.
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Old 04-14-2008, 03:49 PM   #50
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My parents are going to save a ton when I leave. I drink roughly a gallon a day of milk, and go on periodic eating binges which leaves the fridge virtually empty. They'll probably take away my car insurance and stuff.
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Old 04-14-2008, 04:25 PM   #51
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Now that I think about it, we probably spend much more on food since we are empty nesters because we go out to eat more. So no saving on that either but it sure is a nice mental health break after making dinner for the kids for almost 25 years. Boy, that last part made me feel old.
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