Search found 867 matches

by 2stepsbehind
Tue Dec 05, 2017 5:37 am
Forum: Personal Consumer Issues
Topic: Europe Suggestions
Replies: 44
Views: 2749

Re: Europe Suggestions

Looking at taking a family trip to Europe this summer. Kids will be 10 and 12, trying to beat the grumpy teen years (I guess). I'm thinking about 3 weeks in length. Should have a few airline tickets with miles and will likely use AirBandB, or some other lower budget option for housing. Looking for ...
by 2stepsbehind
Fri Dec 01, 2017 5:05 am
Forum: Personal Consumer Issues
Topic: Should I consider a travel Credit Card?
Replies: 30
Views: 2125

Re: Should I consider a travel Credit Card?

I currently have Citi Double cash back card that gives 2% on everything. I uses it for almost all kind of purchases. My DW is an authorized user and uses it as well. Our current monthly spending with the card is $800~$1200. Starting next summer, we would probably start travelling internationally to...
by 2stepsbehind
Thu Nov 30, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Who are heirs? No will.
Replies: 38
Views: 3355

Re: Who are heirs? No will.

I am also confused as to whether there are three or four brothers. That answer will directly have an impact on the answer. The applicable statute is IC 29-1-2-1, which can be located on pages 9 and 10 of this: http://iga.in.gov/legislative/laws/2017/ic/titles/29/articles/1/pdf/IC%2029-1 Signed, A F...
by 2stepsbehind
Thu Nov 30, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Who are heirs? No will.
Replies: 38
Views: 3355

Re: Who are heirs? No will.

novillero wrote:
Thu Nov 30, 2017 6:50 am
#10 is correct.
Signed a N.J./NY Lawyer

P.S. the surrogate’s office where the person died will be able to help. Don’t get lawyers involved. It’s not necessary.
There is no surrogate's office in Indiana and if you call the relevant county superior court they will direct you to obtain counsel.
by 2stepsbehind
Thu Nov 30, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Who are heirs? No will.
Replies: 38
Views: 3355

Re: Who are heirs? No will.

They will likely need to hire counsel. Here's a link to the applicable statute for Indiana: http://codes.findlaw.com/in/title-29-probate/in-code-sect-29-1-2-1.html Particularly relevant for your purposes: (3) Except as provided in subsection (e), if there is no surviving spouse or issue of the intes...
by 2stepsbehind
Sun Nov 26, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17390

Re: The fallacy of spending money on "experiences" vs hard assets

I think you use the word 'greatly' a bit to liberally. The risk is minuscule in either case and fretting over it reflects the irrational way we overweight fears of what we don't know while underweighting risks we are exposed to every day. Absolute vs relative risk. The relative risk of an encounter...
by 2stepsbehind
Fri Nov 24, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking to save $20,000 in one year
Replies: 18
Views: 1973

Re: Seeking to save $20,000 in one year

Take on a second job. Otherwise between taxes and 403 contributions it may not be realistic to save 20k on a 47k salary--also if you have a paid in full house why do you need a 20k emergency fund? You might be better served contributing more to your 403 account and having a more modest amount of sav...
by 2stepsbehind
Fri Nov 24, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Advice for New Grad (HCOL, comp better than expected)
Replies: 9
Views: 1010

Re: Personal Finance Advice for New Grad (HCOL, comp better than expected)

(more or less at the behest of my dad, who is a fairly prolific BH - can you guess who?!). TomatoTomahto. My understanding is that in my bracket I should max out my 401(k) and max out a backdoor ROTH. Does that make sense? yes I have heard that it is nothing short of a tax arbitrage to live in Jerse...
by 2stepsbehind
Fri Nov 10, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2548

Re: PayPal alternative?

There is no Paypal fee if you are sending money to a friend, even with a credit card. That is simply NOT true from my experience. I have done dozens of transactions this year. After a brutal experience with Paypal and a linked bank account, I absolutely refuse to link any bank account to my Paypal ...
by 2stepsbehind
Mon Oct 23, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to make a Will myself?
Replies: 20
Views: 1226

Re: How to make a Will myself?

First google and try to find out what's the worst case scenario if you die intestate in your state and figure out if you can live with that. Then go to your public library. Borrow Quicken will maker by Nolo for your state. Complete the questionnaire/use the software to draft the will. Follow its ins...
by 2stepsbehind
Sun Sep 24, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6565

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: 5368

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: 5368

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: 5368

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: 4798

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: 7888

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: 1934

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: 9343

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: 5636

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: 7441

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: 7441

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: 6306

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: 7441

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: 6306

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: 1191

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: 4525

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: 3159

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: 1838

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: 11876

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: 17368

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 benefit, but ...
by 2stepsbehind
Tue May 09, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 8932

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: 2188

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: 1417

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: 8932

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 income, $250k/yr expenses Parents both ...
by 2stepsbehind
Sat May 06, 2017 3:50 am
Forum: Personal Finance (Not Investing)
Topic: Job Decision
Replies: 53
Views: 4413

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: 662

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: 4413

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: 662

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: 1613

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: 23984

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: 2878

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 been terse, ...
by 2stepsbehind
Mon Feb 27, 2017 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Credit card: Cash versus Flight Miles
Replies: 62
Views: 6162

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: 6162

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: 6162

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: 6162

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: 3322

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: 4093

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: 3836

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: 1222

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: 2320
Views: 421660

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 ...