Search found 857 matches

by 2stepsbehind
Sun Sep 24, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6123

Re: Spouse Money Management

Not exactly what you asked, but I think you guys should wait until you are a bit more equally yoked to combine finances in the way you are envisioning it. I'd imagine it would be extremely difficult for a relationship to thrive/survive where one is perceived as largely subsidizing the other without ...
by 2stepsbehind
Sat Sep 16, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5134

Re: Mother-In-Law dying, Wife wants to buy a Porsche

I would suggest that the rest of the inheritance be parked for the 6 month type time frame recommended after a loss. This. Convince her to wait 6 months for the estate to settle out and emotions to cycle prior to making any decisions on purchases. Personally, I would utilize the angle she can resea...
by 2stepsbehind
Sat Sep 16, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5134

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Have your wife and her half sister discussed with their mother why the half sister is not getting part of the investments? This may be another source of stress/tension after her passing and it may be better to resolve any issues now.
by 2stepsbehind
Sat Sep 16, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5134

Re: Mother-In-Law dying, Wife wants to buy a Porsche

It doesn't sound like you two are on the same page financially. I don't think there is any way I or my husband could surprise each other financially. But I don't know if now is the time to address it. I'm curious to hear what other bogleheads think about inheritances, is it HER money or THEIR money...
by 2stepsbehind
Tue Aug 29, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Priorities - Biglaw junior associate
Replies: 45
Views: 4548

Re: Priorities - Biglaw junior associate

If the market tanks over the next couple of years, you are going to wish you had played it safe and paid down your debt. I knew way too many senior associates when I was a summer and junior associate who said they didn't pay down their debts because the rate was so low only to regret it. Max out you...
by 2stepsbehind
Sat Aug 26, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7374

Re: School Redistricting - What should we do?

There is more than that to consider. Sure. My point is only that folks often overestimate the importance of school ratings, especially when they highlight the differences between excellent and good or average. I don't know the OP's circumstances. It may be that the new school will fundamentally lim...
by 2stepsbehind
Sat Aug 26, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Special Needs Trust - Do we need it??
Replies: 23
Views: 1752

Re: Special Needs Trust - Do we need it??

Thank you all... much good information. SSI benefits are for a disabled child, receiving 1/2 of my Dad's amount. It looks like that would be reduced by ~$265 if funds provided from trust. Taxes of 39.6% for income over $12,400 if monies placed in trust. WOW! Obviously we don't want to the fund trus...
by 2stepsbehind
Sat Aug 12, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 8555

Re: Investing Education and Mansplaining

It seems to be extension of the old adage where in a man dominated field women (or a black man in traditionally white man's career) have be at least twice good if she has to succeed. This adage must date back to times before AA... ::eye-roll:: It continues to this day as women and people of color h...
by 2stepsbehind
Mon Jul 31, 2017 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 5203

Re: Philosophy major and future law student

Strangely, serious public interest law, or the kind of law that might lead to a career as a leading white collar criminal attorney (often with political ambitions) seems to be *tougher* to get into than even Big Law? Ivy League undergrad, top law school and law review, etc. I wouldn't say it's toug...
by 2stepsbehind
Wed Jul 26, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 7127

Re: Post Nuptial agreement guaranteeing alimony?

I think putting your career on the back burner risks undermining your entire relationship. Frankly, I would have gone ahead and taken the position. Then the husband can't get ahead in his field? And he should look into a post-nup? After all, he would be giving up something to make it better for her...
by 2stepsbehind
Wed Jul 26, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 7127

Re: Post Nuptial agreement guaranteeing alimony?

I think putting your career on the back burner risks undermining your entire relationship. Frankly, I would have gone ahead and taken the position. Then the husband can't get ahead in his field? And he should look into a post-nup? After all, he would be giving up something to make it better for her...
by 2stepsbehind
Wed Jul 26, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: GF Picking a college major
Replies: 105
Views: 5762

Re: GF Picking a college major

Who is currently paying for her tuition? Her parents have been paying so she has zero debt now, but they run out of money so now, more college = debt. I don't think dropping out to wait tables is wise, but she might consider taking a leave of absence to teach English abroad and use that time to tra...
by 2stepsbehind
Wed Jul 26, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 7127

Re: Post Nuptial agreement guaranteeing alimony?

I think putting your career on the back burner risks undermining your entire relationship. Frankly, I would have gone ahead and taken the position. If your husband's career is as promising as you guys think it is, his employer would eventually get over it. But if you guys are bound and determined to...
by 2stepsbehind
Wed Jul 26, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: GF Picking a college major
Replies: 105
Views: 5762

Re: GF Picking a college major

Who is currently paying for her tuition? I don't think dropping out to wait tables is wise, but she might consider taking a leave of absence to teach English abroad and use that time to travel and figure out what she wants to do. She should probably also check out that career services office at the ...
by 2stepsbehind
Fri Jun 30, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving big law for public interest- how to save/allocate 1 year of salary the best way to prep for this
Replies: 10
Views: 1125

Re: Leaving big law for public interest- how to save/allocate 1 year of salary the best way to prep for this

A few thoughts: If you have 90k sitting in savings now, why don't you go ahead and pay off the law school loans now or at the very least the highest interest student loans rather than waiting until January? There's no way you are getting a better interest rate in savings and 45k still leaves you wit...
by 2stepsbehind
Wed Jun 14, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a 25% pay cut for more professional satisfaction?
Replies: 57
Views: 4145

Re: Would you take a 25% pay cut for more professional satisfaction?

I'll put in a yes vote, but caveat that with saying it's heavily industry-dependent so more details may be helpful to providing concrete advice. My wife and I are lawyers, we took a 60%+ paycut to move from private "big law" firms to work for the government. Haven't missed the money or regretted ou...
by 2stepsbehind
Mon Jun 05, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Heir died before receiving full share due
Replies: 11
Views: 3087

Re: Heir died before receiving full share due

I now have a copy of the deceased heir’s will and had my filipina companion translate. That basically agrees with what I got from Google Translate. The will was dictated by the deceased to his then 15 year old (now 17) son who wrote it in his hand, signed with thumbprints and witnessed by two peopl...
by 2stepsbehind
Wed May 31, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Should I max out wife's 401k
Replies: 26
Views: 1741

Re: Should I max out wife's 401k

No, she should max out her OWN 401k.
by 2stepsbehind
Sun May 28, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 11105

Re: Play Money for Spouse....

It is delicate to answer this question. Based on this post and on the previous post regarding your daughter providing online access to her college accounts, it seems that your family may think that you are a bit too hovering. The same comment or behavior that you mean to be helpful is possibly bein...
by 2stepsbehind
Sun May 21, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 16705

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

OP, your father may want to check out the following concerning potential claiming strategies: https://www.onefpa.org/journal/Documents/Contributions_Shuart.pdf Curious what people think about this article. In particular "Table 2" would suggest that if a widow(er) only has a $500 worker ben...
by 2stepsbehind
Tue May 09, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 8631

Re: Stay home with kids?

Guess who will be there to drop her off and pick her up every day?....Me. So, where is the benefit? I have near total autonomy to work from home if I so choose, throughout the entire summer if I wish. So, again, where is the benefit? All I said was that in our situation one of us staying home provi...
by 2stepsbehind
Sun May 07, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 25
Views: 2078

Re: United Mileage Plus CC - worth it?

There are better United offers out there (70k+), but as others suggested make sure United is appropriate for your desired travel plans.
by 2stepsbehind
Sat May 06, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: Southeast Asia for a week, in August first week
Replies: 24
Views: 1339

Re: Southeast Asia for a week, in August first week

Some on your list are not even countries... If this is your family's first time in Asia/first international foray, I'd ease yourself into it by doing a country with a well developed tourism scene. Given you have provided zero details about your interests, I'd suggest Singapore or Thailand. ETA: Bett...
by 2stepsbehind
Sat May 06, 2017 3:59 am
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 8631

Re: Stay home with kids?

I've been in a bit of an existential crisis lately, and I'd like to hear the Bogleheads' thoughts. Some background on our situation: ⋅ 2 working parents in their late 30s ⋅ 2 young kids, 1 in full-time preschool and 1 school aged ⋅ $6MM savings (windfall), $550k/yr inc...
by 2stepsbehind
Sat May 06, 2017 3:50 am
Forum: Personal Finance (Not Investing)
Topic: Job Decision
Replies: 53
Views: 4266

Re: Job Decision

Thanks for the input. For all questions 1. Communication is not a problem. My business analytical reports were the best (comments from top managers). I admit when I am tired or in a rush, my writing may be sloppy. 2. Higher offer is impossible due to organizational structure. also, let me put this ...
by 2stepsbehind
Fri May 05, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: New member, new job, please critique plan
Replies: 6
Views: 629

Re: New member, new job, please critique plan

With your sign on bonus 1. Pay off $4000 of credit card that is accruing interest. 2. Pay off Student Loans $4384 @ 6.5% 3. Pay off other student loan debt 4. Boost emergency savings Going forward 1. Pay down the remaining $4000 of CC debt aggressively ($500-1000 a month) 2. Shift these payments to...
by 2stepsbehind
Fri May 05, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Job Decision
Replies: 53
Views: 4266

Re: Job Decision

Take the offer and keep looking for a new job.
by 2stepsbehind
Fri May 05, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: New member, new job, please critique plan
Replies: 6
Views: 629

Re: New member, new job, please critique plan

With your sign on bonus 1. Pay off $4000 of credit card that is accruing interest. 2. Pay off Student Loans $4384 @ 6.5% 3. Pay off other student loan debt 4. Boost emergency savings Going forward 1. Pay down the remaining $4000 of CC debt aggressively ($500-1000 a month) 2. Shift these payments to ...
by 2stepsbehind
Sat Apr 01, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: which state is better to die in / do probate in?
Replies: 17
Views: 1558

Re: which state is better to die in / do probate in?

There are only slight differences among states, and when both have no estate tax you really shouldn't give this issue any further thought. It certainly isn't worth attempting to change donicile from one state to another. Gill Thanks GIll. Aren't some states notoriously slow and expensive to probate...
by 2stepsbehind
Sat Apr 01, 2017 4:26 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 144
Views: 22844

Re: So someone drained $13k from my checking account...

the bank may take the position that the consumer did not take reasonable measures to protect their password, or their computer, and allowed someone else to access their account. This is a good point. Again, the regulation does not give the bank much wiggle room for finding excuses. The commentary t...
by 2stepsbehind
Mon Mar 20, 2017 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Creating a Will
Replies: 33
Views: 2770

Re: Creating a Will

If this is all "BS" then feel free to find other Boglehead threads to post on or find other things to do outside of the internet. It's not all BS. Steps 1, 2, and 3 are not; everything after that is. Yes, and you have been the most unhelpful person in this thread. While gr7070 may have be...
by 2stepsbehind
Mon Feb 27, 2017 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5962

Re: Credit card: Cash versus Flight Miles

HIinvestor wrote:Yes, I did get a Spark Business card that gave me $500 cash after minimum spend plus 2% cash back on ALL purchases. It has a $59 annual fee.


I got that card as well as the "miles" flavor. Nothing stops a savvy consumer from pursuing both cash and mile opportunities.
by 2stepsbehind
Sun Feb 26, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5962

Re: Credit card: Cash versus Flight Miles

For me, I use the miles. Like others said, it depends. If you are going to use the miles to go from Chicago to Florida or something like that, you are probably wasting them. I recently bought 2 tickets from Chicago to Barcelona for 120k miles with 2 days notice. It would have cost me thousands of d...
by 2stepsbehind
Sun Feb 26, 2017 6:23 am
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5962

Re: Credit card: Cash versus Flight Miles

I am curious if one opens multiple cards over time as to whether you can readily combine all of the points from the cards so as to not have to add cash or lose odd points after redeeming the bulk of the bonus points. In other words to you have a points account somewhere that you move them to after ...
by 2stepsbehind
Sun Feb 26, 2017 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 5962

Re: Credit card: Cash versus Flight Miles

For me, I use the miles. Like others said, it depends. If you are going to use the miles to go from Chicago to Florida or something like that, you are probably wasting them. I recently bought 2 tickets from Chicago to Barcelona for 120k miles with 2 days notice. It would have cost me thousands of d...
by 2stepsbehind
Sat Feb 18, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Vietnam
Replies: 31
Views: 3251

Re: Vietnam

flyingaway wrote:I will pass Vietnam now if it still requires a visa to be there.


Vietnam recently introduced an e-visa system which should make things easier
http://www.theflightdeal.com/2017/02/15/new-and-improved-vietnam-e-visa-system-for-tourist/
by 2stepsbehind
Mon Jan 02, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Car for Teen next year...new vs used?
Replies: 50
Views: 4020

Re: Car for Teen next year...new vs used?

Based on my experience with my 4 daughters, you have a 50%chance of a major accident with a new driver in the first year after getting their license. A car for a new driver should not be bought with an idea that you want something that will be trouble free for a long time. You want one that has goo...
by 2stepsbehind
Mon Jan 02, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Can I help settle my father in law's estate without an attorney?
Replies: 44
Views: 3726

Re: Can I help settle my father in law's estate without an attorney?

We met with the attorney and I pressed him on the fee. He shortly went from 1% of probate to assets, to 0.5%, to a $200 hourly charge estimating the total fee should not be "more than $2500 or $3000". If it were me I probably would have gone looking for another attorney but my mother in l...
by 2stepsbehind
Thu Nov 10, 2016 2:43 am
Forum: Personal Finance (Not Investing)
Topic: Some thoughts / Help with Credit Cards
Replies: 9
Views: 1212

Re: Some thoughts / Help with Credit Cards

So I will not go into detail - but if you read my previous thread - the issue is starting to come to an end soon hopefully. However - my credit is wrecked as it went from an 800+ to now a 600. I'm hoping to immediately get it fixed as soon as everything is resolved (NOTE: PM me if you want to know ...
by 2stepsbehind
Fri Sep 23, 2016 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

Yes. Do a google search for different award programs rules on stopovers. ETA: For example, on United an itinerary that is Newark to Frankfurt, Frankfurt to Tokyo, Tokyo back to Newark would be charged the same miles as a Newark to Tokyo roundtrip (taxes are a different story). A number of bloggers ...
by 2stepsbehind
Fri Sep 23, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

For all the award fares I have looked, there is no discount for having multiple flight segments on one booking. Ie. if flight A costs X miles + X' taxes, and flight B costs Y miles + Y' taxes, booking C with both flights A and B on it will costs Z miles = X+Y, and Z' = X' + Y' in taxes. That rule s...
by 2stepsbehind
Fri Sep 23, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

In any case, it's simply not possible to book more than one of these award flights on one ticket. On Flygingblue, if I try to book a multi-destination award flight, and try with SFO-CDG, it won't let me select CDG-SGN as the second leg. It forces SFO as the return city for that leg. Ie. I can only ...
by 2stepsbehind
Fri Sep 23, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

It was ~22,000 miles. Thanks - that would indeed probably be lower, considering most of the taxes on United awards are usually paid with miles rather than separately. Edit: not sure if this was the promotion you were referring to. But this one applied only to round-trips, not one way. m Anyway, I h...
by 2stepsbehind
Thu Sep 22, 2016 6:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

That's because of the promo on AF and you missed the promo United had on trips to Europe. Yes, I didn't see any promo on United. Do you know how many miles they were for 1-way SFO-CDG ? As you've seen for each itinerary you have to compare the cash vs. miles option. The beauty of using miles as opp...
by 2stepsbehind
Wed Sep 21, 2016 7:27 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

Why wouldn't you look at United? Good question. I was just looking for the least expensive cash fares first, and using the baseline of 1.5cpp with Chase to book for these flights as cash fares, not award flights. Then, I tried to price the awards for those flights to see if I could get a better poi...
by 2stepsbehind
Tue Sep 20, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

[ Most of my FF accounts have close to 0 miles as they tend to expire every 12 months. In recent years, I have gotten wiser and been ordering magazines with miles to keep the mileage accounts active. This is not possible for every program though, but it is for at least Delta and United. Delta miles...
by 2stepsbehind
Tue Sep 20, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390525

Re: What's Your Credit Card Rewards Strategy?

Just booked a flight to CA on United for Jul 2017 for the week of the 4th for the wife and I. 2.204 cpp. Optimal times for us to leave/arrive, and nonstop flights. Can you give more specifics ? Was it economy or business//first class ? And what cities ? DTW to SFO. Economy class. Flights were $551 ...
by 2stepsbehind
Tue Sep 20, 2016 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Anyone accidentally tell a friend about your inheritance?
Replies: 83
Views: 11103

Re: Anyone accidentally tell a friend about your inheritance?

HT, Please don't take this the wrong way, but... Ok, what kind of a friend is this? "I'll scale back on my activities since you can't afford them, but now that you can, here's what we can do." If "friend" has plenty of money, really, how does that compare to OP's inheritance? Th...
by 2stepsbehind
Sun Sep 11, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 6766

Re: How I circumvented Chase's 5/24 rule

I have a random free business checking account with chase which I opened some years ago. I walked into a branch and asked whether I was pre-approved and I was. I am way above 5/24 and have many chase credit card accounts. Thanks Chase for keeping me traveling for cheap!
by 2stepsbehind
Sun Jul 31, 2016 1:40 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2836

Re: Looking to take first international trip

How old are you and when is the next time you'd be likely to get back to Europe? We are both 31. I could see us going every 2-3 years, but most likely every 3rd would be a good guess. We like to take two annual trips each year, one to Steamboat Springs, Colorado and one to St. John. The past couple...