Search found 779 matches

by 2stepsbehind
Sat Feb 06, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 64
Views: 5585

Re: Anyone travel without hacking?

I will say that I do a fair amount of travel hacking which as noted above is much more than MS though I do that as well. For the folks who are asking about MS (and awards travel in general). It is a very complex subject and you'd be well advised if interested to read up at FT, the blogs, Reddit, Sa...
by 2stepsbehind
Sat Feb 06, 2016 7:39 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6037

Re: Sibling's destination wedding?

My sibling's wedding was a destination wedding for me. At the time I didn't have much money as a I had just graduate college but I'm glad I made the effort to attend, despite the expense. If I were in your shoes, I would make an effort to attend with the family. It would be a different story if it ...
by 2stepsbehind
Sun Jan 31, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: I just paid off $145,000 in student loans in 2.5 years
Replies: 20
Views: 1653

Re: I just paid off $145,000 in student loans in 2.5 years

Congrats! Might help if you fill in some additional information for others who might be in a similar position i.e. how much did you make following business school, how much does your wife make, how did you secure new employment following being fired and at what salary, and what did you do about the ...
by 2stepsbehind
Wed Jan 20, 2016 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Grandparents gifting $14k, grandparent 529 alternative due to their age?
Replies: 19
Views: 1440

Re: Grandparents gifting $14k, grandparent 529 alternative due to their age?

Bob's not my name wrote:Is $14k a random number or are the grandparents unaware that they can gift $28k ($14k each) to one recipient without reporting the gift?


Wow, a bit greedy. Or 14k represents the amount that they feel comfortable giving given the current state of their finances.
by 2stepsbehind
Sun Jan 03, 2016 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding a credit card issue
Replies: 26
Views: 1137

Re: Help understanding a credit card issue

Particularly if your income is modest as compared to your credit lines, they may be disinclined to give you credit. Income is not the problem here! To be clear, what I mean is if you have stated income of lets say 250k, but you already have 400k of credit (given 43 cards that doesn't seem unreasona...
by 2stepsbehind
Sun Jan 03, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding a credit card issue
Replies: 26
Views: 1137

Re: Help understanding a credit card issue

Cap 1 has always been stingy. I have had the same account with them for 16 years and they refuse to raise my credit limit beyond the initial $10,000 limit. I'm not a churner by any stretch, our scores are over 800 and our income is not a problem. There should be no reason why they can't at least ma...
by 2stepsbehind
Sun Jan 03, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Help understanding a credit card issue
Replies: 26
Views: 1137

Re: Help understanding a credit card issue

Cap1 is known for turning down hardcore churners. They check all three Bureaus and consequently have a pretty clear picture of inquiries. See, e.g., http://www.frugaltravelguy.com/2011/03/denied-by-capital-one-and-free-bags-on.html Particularly if your income is modest as compared to your credit lin...
by 2stepsbehind
Sun Jan 03, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Yet another topic about finances and marriage - premarital assets
Replies: 20
Views: 1053

Re: Yet another topic about finances and marriage - premarital assets

As others have mentioned, knowing the state would be helpful. In any event, I think it would be cleaner for you to open a new IRA at a different institution so that you can better keep track of premarital assets. More generally you may want to simplify your premarital assets--i.e. if you have 4 diff...
by 2stepsbehind
Sun Jan 03, 2016 10:31 am
Forum: Personal Consumer Issues
Topic: profitable hobby?
Replies: 113
Views: 9732

Re: profitable hobby?

Earning and redeeming airline miles and hotel points. It has been my hobby for almost 12 years now. I am more the aspirational type so I primarily utilize it as leverage to increase the return of my travel budget. (First class tickets that I would never pay cash for, fancy hotel suites, that sort o...
by 2stepsbehind
Fri Jan 01, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: What happens to credit card rewards when you die?
Replies: 9
Views: 983

Re: What happens to credit card rewards when you die?

Most programs call for points to expire at death. A few will allow a spouse to claim them. However, if you make your password available to your executor or desired beneficiary, s/he can try to redeem or transfer them as appropriate.
by 2stepsbehind
Mon Dec 28, 2015 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Checking In After Four Years
Replies: 20
Views: 5017

Re: Checking In After Four Years

why do you want to keep the car loan at your bank if it is costing you more money? :(

what does $1,500 credit card of monthly expenses consist of?

which credit card are you using?
by 2stepsbehind
Sat Dec 26, 2015 11:06 pm
Forum: Personal Consumer Issues
Topic: Sororities: The cost of Greek Life?
Replies: 46
Views: 6681

Re: Sororities: The cost of Greek Life?

Even at the most frat/sorority friendly schools, I've found that there is an active social life beyond greek life. How great of a social experience will your child have if she is raped or if he rapes or is accused of rape? You are taking absolutes (100% probability) for what are only probabilities ...
by 2stepsbehind
Sat Dec 26, 2015 10:34 am
Forum: Personal Consumer Issues
Topic: Sororities: The cost of Greek Life?
Replies: 46
Views: 6681

Re: Sororities: The cost of Greek Life?

But one doesn't have to protect them from all danger, just a community that is perhaps even more desensitized to sexual assault/alcohol abuse than the general college population/American society. Obviously YMMV, but as people are deciding whether or not they want to pay for such culture/experience ...
by 2stepsbehind
Sat Dec 26, 2015 10:23 am
Forum: Personal Consumer Issues
Topic: Sororities: The cost of Greek Life?
Replies: 46
Views: 6681

Re: Sororities: The cost of Greek Life?

But one doesn't have to protect them from all danger, just a community that is perhaps even more desensitized to sexual assault/alcohol abuse than the general college population/American society. Obviously YMMV, but as people are deciding whether or not they want to pay for such culture/experience f...
by 2stepsbehind
Sat Dec 26, 2015 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 99
Views: 7561

Re: Next credit card for a bonus?

Excellent information, Bfwolf ! Perhaps you can help me with a related question? In September 2017, I plan to travel to the Gold Coast in Queensland, Australia, with a possible extension to other parts of Australia or to New Zealand. Are there particular airlines or credit cards recommended for tra...
by 2stepsbehind
Sat Dec 26, 2015 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 99
Views: 7561

Re: Next credit card for a bonus?

Anything is possible, but according to the language you quoted from flyertalk most people should be on notice that they may not be eligible due to the welcome material not mentioning the bonus. You can also call when activating your card and ensure that the offer has been added on the account. Yes a...
by 2stepsbehind
Fri Dec 25, 2015 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 99
Views: 7561

Re: Next credit card for a bonus?

Consider insideflyer, a site more accommodating to newbie questions.
by 2stepsbehind
Fri Dec 25, 2015 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 99
Views: 7561

Re: Next credit card for a bonus?

^Victoria is right re:Amex SPG No guarantee Marriott doesn't slash the program late next year. Amex only does the 30k once a year. No guarantee we will ever see it again since it was offered last August. Also who knows what transfer ratio Marriott will offer SPG points. There is no guarantee that t...
by 2stepsbehind
Fri Dec 25, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: Airline cancelling our flight
Replies: 33
Views: 4374

Re: Airline cancelling our flight

You should expect them to offer nothing. Your best leverage was/is talking to them on the phone and asking for hotel, meal voucher etc. Is the cancellation weather related?
by 2stepsbehind
Fri Dec 25, 2015 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 99
Views: 7561

Re: Next credit card for a bonus?

I echo the earlier advice given to consult the frequent flier fora (flyertalk, insideflyer etc.) verses bogleheads for these kind of questions. While some of us are well versed on these issues,we don't always have the time or inclination to respond. Others are fairly new to this so you might end up ...
by 2stepsbehind
Tue Dec 15, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Any Biglaw attorneys on the board?
Replies: 53
Views: 7885

Re: Any Biglaw attorneys on the board?

Fedguy, you forgot to put emergency in quotes. I don't think it is is an exaggeration that 90% of the so-called emergencies in biglaw stem from either poor planning or partner neuroses to plan for contingencies that are unlikely to occur. I think that is part of what drives associate dissatisfaction...
by 2stepsbehind
Sat Dec 12, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Single & Frugal or Coupled & (Financially) Incompatible?
Replies: 104
Views: 10418

Re: Single & Frugal or Coupled & (Financially) Incompatible?

tibbitts wrote:
When I found out she had almost 9 credit cards...

In fairness, many Bogleheads have that many credit cards, or more, to maximize rewards - and keep churning them.


Much more.
by 2stepsbehind
Sun Nov 29, 2015 2:10 pm
Forum: Personal Consumer Issues
Topic: Nice house vs traveling
Replies: 78
Views: 5968

Re: Nice house vs traveling

what is the point of having a vacation home so close to your own home? have you priced out a sublet, airbnb, or priceline or considered moving closer to the destination?
by 2stepsbehind
Sun Nov 29, 2015 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Prioritizing emergency fund, student loans, helping family, taxable investments, and 401k
Replies: 13
Views: 1216

Re: Prioritizing emergency fund, student loans, helping family, taxable investments, and 401k

You've generally received good advice, but here are a few things that I haven't seen mentioned: 1) You are eligible to contribute to a roth (do a search on this site and/or google "back door roth"). You might consider holding some of your emergency fund in the roth so as to maximize your t...
by 2stepsbehind
Sun Nov 22, 2015 8:37 am
Forum: Personal Finance (Not Investing)
Topic: $1,000 in cash lost or stolen
Replies: 54
Views: 5582

Re: $1,000 in cash lost or stolen

Good reminder that with the holidays approaching theft and property crimes tend to increase so it is wise to be vigilant.
by 2stepsbehind
Sun Nov 15, 2015 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.
Replies: 147
Views: 6495

Re: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.

To sum it up for those who joined the conversation late-- The OP and her husband make ~86k with an AGI of 68k The OP owns one primary residence and apparently has a vacation residence on the Jersey Shore which is occasionally rented out. The OP's husband has $130,000 in a 401k (and possibly will qu...
by 2stepsbehind
Sun Nov 15, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.
Replies: 147
Views: 6495

Re: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.

To sum it up for those who joined the conversation late-- The OP and her husband make ~86k with an AGI of 68k The OP and her husband rent* their primary residence and apparently own a vacation residence on the Jersey Shore which is occasionally rented out. The OP's husband has $130,000 in a 401k (an...
by 2stepsbehind
Sat Nov 14, 2015 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.
Replies: 147
Views: 6495

Re: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.

Your children shouldn't be disqualified from purely merit scholarships so encourage them to study hard in school/do well on standardized tests. There is no magic bullet here. Financial aid is designed for those who need money/have few resources. With 600k in the bank you are doing better than a lot ...
by 2stepsbehind
Sat Nov 14, 2015 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.
Replies: 147
Views: 6495

Re: Help! Inherited money I planned to use for retirement but it disqualifies my kids from scholarships.

Well one way around this is to contribute the maximum amount you are eligible to contribute to your huband's 401k and contribute to IRAs for both of you. When did you stop your art business? If you made any money from it this year you can also start a retirement account for those earnings. Otherwise...
by 2stepsbehind
Wed Nov 11, 2015 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 2645

Re: Question regarding helping son with graduate school loan debt

And will you give your other child something comparable to the amounts given to your son? kids keep score.
by 2stepsbehind
Tue Nov 10, 2015 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 2645

Re: Question regarding helping son with graduate school loan debt

I guess I see the debt being overwhelming (and him falling behind, rather than getting ahead), and so was hoping to change the fundamentals somewhat, and help put him on a path to success and independence sooner. As others have mentioned, it is a problem that he has fallen behind with his basic exp...
by 2stepsbehind
Tue Nov 10, 2015 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 2645

Re: Question regarding helping son with graduate school loan debt

Another question: is he the only child? Because if you lend him money and there are problems with repayment you could set the seeds for generational conflicts. Tread carefully.
by 2stepsbehind
Fri Nov 06, 2015 5:24 am
Forum: Investing - Help with Personal Investments
Topic: Investing disagreements with spouse
Replies: 86
Views: 7401

Re: Investing disagreements with spouse

Wrong on multiple accounts: 1). Long term buy and hold market investing is not gambling. Short term trading with individual equities is worse, far worse, than blackjack at the casino. Trying to equate these things indicates a very bad case of clouded thinking. Let me try a more apt parallel argumen...
by 2stepsbehind
Fri Nov 06, 2015 5:16 am
Forum: Personal Finance (Not Investing)
Topic: Travel rewards credit card?
Replies: 100
Views: 9826

Re: Travel rewards credit card?

Alaska Airlines as well as Hawaiian Airlines yes, Delta no, but good point. My general point is BA utility depends on where you live and your travel patterns--I wouldn't label it as best deal without knowing more about the OP. BA miles are not good on Hawaiian for sure unless something has changed ...
by 2stepsbehind
Thu Nov 05, 2015 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: easy G fund access in your Roth IRA
Replies: 18
Views: 1892

Re: easy G fund access in your Roth IRA

Does one have to have earned income to contribute to a myRA? If not, this could be a great tool for retirees.
by 2stepsbehind
Mon Nov 02, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing disagreements with spouse
Replies: 86
Views: 7401

Re: Investing disagreements with spouse

Give her 20k and let her try. Check back on her performance in 15-20 years. Completely disagree. She's not a child or a subordinate whom one attempts to mollify, but an equal life partner. She has minimum a 50% stake in your shared investments--and if she feels that strongly about it she should hav...
by 2stepsbehind
Sat Oct 31, 2015 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Investing disagreements with spouse
Replies: 86
Views: 7401

Re: Investing disagreements with spouse

Give her 20k and let her try. Check back on her performance in 15-20 years. Completely disagree. She's not a child or a subordinate whom one attempts to mollify, but an equal life partner. She has minimum a 50% stake in your shared investments--and if she feels that strongly about it she should hav...
by 2stepsbehind
Thu Oct 29, 2015 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Managing retirement date and income for college financial aid
Replies: 68
Views: 4753

Re: Managing retirement date and income for college financial aid

And as a counterpoint to the idea that donors don't like to give to greedy for profits http://mobile.nytimes.com/2015/08/19/opinion/stop-universities-from-hoarding-money.html?referrer=&_r=0 . Yes, the elite universities like to boast of the number of disadvantaged students--generally less than 2...
by 2stepsbehind
Wed Oct 28, 2015 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can you trade-up your credit cards?
Replies: 14
Views: 1792

Re: Can you trade-up your credit cards?

I know the hypothetical whys. I want the OP to articulate his/her own why so we can adequately instruct him/her.
by 2stepsbehind
Wed Oct 28, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Managing retirement date and income for college financial aid
Replies: 68
Views: 4753

Re: Managing retirement date and income for college financial aid

Name, high school attended, zip code, and data from the development office office gives the school a pretty decent picture, not to mention the context clues that can be gleaned from essays, recommendations, and student provided resumes. Indeed, but is there any evidence that they actually base acce...
by 2stepsbehind
Wed Oct 28, 2015 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Travel rewards credit card?
Replies: 100
Views: 9826

Re: Travel rewards credit card?

protagonist wrote:
Wildebeest wrote:
awval999 wrote:

If you want to see how deep the rabbit hole goes... You need to go to FlyerTalk and read the blogs.



So well put.


FlyerTalk should be renamed "He who dies with the most points wins".


Not sure bogleheads are in any position to throw stones
by 2stepsbehind
Tue Oct 27, 2015 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can you trade-up your credit cards?
Replies: 14
Views: 1792

Re: Can you trade-up your credit cards?

why would you trade up and miss out on the sign on bonus for the chase sapphire preferred?
by 2stepsbehind
Tue Oct 27, 2015 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Managing retirement date and income for college financial aid
Replies: 68
Views: 4753

Re: Managing retirement date and income for college financial aid

Name, high school attended, zip code, and data from the development office office gives the school a pretty decent picture, not to mention the context clues that can be gleaned from essays, recommendations, and student provided resumes.
by 2stepsbehind
Tue Oct 27, 2015 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Managing retirement date and income for college financial aid
Replies: 68
Views: 4753

Re: Managing retirement date and income for college financial aid

Don't get too caught up in "need blind" admissions policies--all that means is that in theory they accept students irrespective of their need and at most they are fully committed to meet all demonstrated need. In reality, children of wealthy donors or prospective wealthy donors get a leg u...
by 2stepsbehind
Tue Oct 27, 2015 7:48 am
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 7335

Re: I bought a new (used) car and already having an issue

No offense, OP but you seem like an easy mark. I disagree. There are so many games they play and I resisted most of their tricks. A few things fell through the cracks. Time is of the essence if you want to unwind the transaction and a phone call isn't going to do it. Go to the lot and make a scene....
by 2stepsbehind
Tue Oct 27, 2015 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Tenant broke lease after 2 months
Replies: 32
Views: 3535

Re: Tenant broke lease after 2 months

But, one thing that I would absolutely do: I would not have an agreement in place where 75% comes from the person living there, and 25% from the original tenant. If you choose to allow the sublet to the friend, have them be liable for 100% of the rent. If the original tenant wants to make a side de...
by 2stepsbehind
Mon Oct 26, 2015 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Travel rewards credit card?
Replies: 100
Views: 9826

Re: Travel rewards credit card?

BA generally only makes sense if you live in an American Airlines hub or frequently fly to a American Airlines hub.[/quote BA points are also good for Alaska Airlines (and I think Delta). BA points are also mileage based so they are a good deal for flying to HI from the west coast. It will take 25k...
by 2stepsbehind
Sun Oct 25, 2015 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Travel rewards credit card?
Replies: 100
Views: 9826

Re: Travel rewards credit card?

travellight wrote:^ I have had CSP several times and always got 50k. Bonuses seem low right now.


It hasn't been 50k for awhile so you may be waiting. I personally think the card is overhyped and I wouldn't be passing up other bonuses for it, but YMMV.
by 2stepsbehind
Sun Oct 25, 2015 11:38 am
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 7335

Re: I bought a new (used) car and already having an issue

No offense, OP but you seem like an easy mark. Time is of the essence if you want to unwind the transaction and a phone call isn't going to do it. Go to the lot and make a scene. Did you look up your state lemon laws?

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