Search found 438 matches

by THY4373
Fri Oct 20, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 65
Views: 7958

Re: new 401(k) limits announced

my 'match' was completed in spring so not quite relevant to me personally, at that, a match doesn't count against the 18k I believe. That is correct the match doesn't count against the 18k (this year) or 18.5k (next year) limit. The issue is when an employer does a match on a per pay period basis l...
by THY4373
Fri Oct 20, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 65
Views: 7958

Re: new 401(k) limits announced

curious....lets say one automatically contributes $1800 a month from their paycheck which goes directly to their 401/403 custodian from the Payroll Dept at work. At your place of work does this 'automatically stop' at the 18k employee contribution point? (so one can't overcontribute) At my place of...
by THY4373
Sun Oct 08, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

Fraud liability coverage is for consumers, not businesses. Businesses are expected to carry insurance for fraud. You'll notice that even business credit cards carry the fine print that you won't be made whole during fraud and you'll have to file with your insurance. The fraud liability coverage thr...
by THY4373
Sun Oct 08, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

You're thinking of the reimbursement for the one who has had their card stolen, which is covered by EMV liability rules. I'm thinking of the entire transactions, including the gift cards purchased with the stolen credit card. This is more about the stolen gift cards than the stolen credit card. The...
by THY4373
Sun Oct 08, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2278

Re: Spouse gets blowouts?

It sounds like you are doing fine. Your wife and you probably need to work out some system that works for both of you. My soon-to-be-ex and I (money was never an issue in our marriage) worked out what we save and how we split ongoing expenses, the rest of each of our paychecks was ours to do with as...
by THY4373
Sat Oct 07, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

double post sorry
by THY4373
Sat Oct 07, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

I can see why Walmart has this policy of requiring cash or debit for a large gift card purchase though. What is one quick and easy way to convert a stolen credit card into cash? Use it to purchase a gift card and then liquidate the gift card or resell it on the Internet. That it is also a technique...
by THY4373
Sat Oct 07, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

Walmart charges $4.94 for a $500 card, so under 1%. Just a reminder in case it isn't in this thread the above is correct BUT Incomm/Vanilla cards are hard coded to be cash or debit only. The GreenDot and Sunrise cards can be purchased with CC though you may run into uninformed cashiers. Also pay at...
by THY4373
Sat Oct 07, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Combining spouses separate accounts into one joint account. Any downsides?
Replies: 19
Views: 1429

Re: Combining spouses separate accounts into one joint account. Any downsides?

I might ask the question the other way is there any pressing reason to combine the accounts? Maybe it is just me but I don't find three vs one account at a single brokerage much to worry about. One other thing to consider nobody thinks they are going to get divorced but for sure I would not commingl...
by THY4373
Fri Oct 06, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rejected for Chase Ink Business
Replies: 7
Views: 815

Re: Rejected for Chase Ink Business

Incendiary wrote:
Fri Oct 06, 2017 9:20 pm
Is this to prevent churn and burn?
Yes it is one of many anti-churn mechanisms implemented by the banks. In some ways the toughest one though some might argue Amex's once in a lifetime bonus language is tougher.
by THY4373
Fri Oct 06, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3900

Re: How do you value your time?

If your free time is only worth what you earn working, why aren't you working a second job? If you are working as much as you need or want to, your free time is worth more than you earn, which is why you aren't working at that time. I agree with your sentiment to a point that at some level you cros...
by THY4373
Fri Oct 06, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3900

Re: How do you value your time?

My effective marginal tax rate is 45%. If I can spend $1 less, it's the equivalent of earning an extra $1.82 (=1/(1-.45)). Don't forget taxes when valuing DIY activities (mowing lawn, paying for parking, making own meals, etc). My marginal rate is a bit less than yours but I agree that has always p...
by THY4373
Mon Oct 02, 2017 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6064

Re: Are credit cards rewards worth it?

Nate79 wrote:
Mon Oct 02, 2017 6:04 pm

When I say very minor I mean in terms of annual income. Credit card spending as a percentage of annual income for me is maybe 30%.
All depends on how you do it. My credit card "spend" has (sometimes vastly) exceeded my annual income for the last five years.
by THY4373
Mon Oct 02, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6064

Re: Are credit cards rewards worth it?

"Manufactured spend" can mean you are pre-paying for bills and items you would normally buy. But, you can get caught in a spend trap and start buying things you don't need to earn more rewards. That is NOT manufactured spend. Prepaying bills and/or buying stuff you need (or don't need) is just regu...
by THY4373
Mon Oct 02, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Looking for advice on an automotive paint job.
Replies: 20
Views: 1200

Re: Looking for advice on an automotive paint job.

Maaco generally has a horrible reputation. I have honestly never used them but I have seen a few of their paint jobs and was completely unimpressed. They are independently owned I believe so there might be some variation. I believe much of the cost in paint jobs is preparation and this is where they...
by THY4373
Mon Oct 02, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6064

Re: Are credit cards rewards worth it?

Absolutely credit card rewards are worth it to me. That said it is basically a second job to me both in the time I put in and the income I get out of it.

To those concerned about your credit mine is almost always over 800.
by THY4373
Mon Oct 02, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employee looking to move to Private sector..!
Replies: 34
Views: 2295

Re: Federal Employee looking to move to Private sector..!

I left federal employment for federal contracting early in my career (in my first full two years--I interned summers and winters for several years before that). Personally I am in the I am glad I left camp. Obviously an employer as large as the Fed Govt is going to vary a lot but where I worked ther...
by THY4373
Sun Oct 01, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 3752

Re: For buying house: how do you know which schools are "good"?

I went to one of the best public schools in the DC area back in the 1980s and I am reminded of what one of my teachers said about the school: "If you cannot teach at this school, you cannot teach anywhere." His point, which was accurate, was the school's success was as much (more?) a reflection of t...
by THY4373
Sat Sep 30, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Luggage locks
Replies: 15
Views: 1068

Re: Luggage locks

I have never bothered with locks because I never put anything really valuable in checked baggage. More recently I have adopted the one bag/one world approach to travel which means I never check anything and only carry a small backpack that meets the tighter international carry-on specifications (it ...
by THY4373
Wed Sep 27, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3308

Re: Verizon TravelPass

That's interesting, but the point of recommending HERE or GoogleMaps is that they always work fine irrespective of data coverage, since when set to work offline they don't require data. No reception issues. No data cost issues. Yeah I use data for a whole lot more than just maps when I am out and a...
by THY4373
Wed Sep 27, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3308

Re: Verizon TravelPass

I have used Project Fi with a Nexus 6P (one, soon to be two generations behind current versions) in 10 countries in the least year. In general the service is seamless. However I did run into data issues in two countries. In Hong Kong to get data to work I had to drop down to 2G in the options and on...
by THY4373
Wed Sep 27, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Verizon TravelPass
Replies: 45
Views: 3308

Re: Verizon TravelPass

Thank you! I have iPhone and unfortunately, it does not work for iPhone. :( Not quite accurate while likely a distinction without much difference, unlocked iPhones will work just fine with Project Fi with two major caveats. One, domestically you will be limited to T-Mobile (Sprint and US Cellular r...
by THY4373
Tue Sep 26, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4193

Re: Do you avoid risky adventures once you have the money?

You can look at the impact both ways. For some people wealth acts not as a damper on taking life's risks, but as an enabler of risk taking. Wealthy people pay hundreds of thousands of dollars to summit Everest. Wealthy people fly air balloons and go into the outer space. An American friend of mine ...
by THY4373
Mon Sep 25, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4193

Re: Do you avoid risky adventures once you have the money?

I am in my late 40s and to some extent my risk tolerance has gone up. While I certainly won't take what I think are "crazy" risks I also realize now that my time on this planet is limited and so for certain things I want to do/see before I die I'll take calculated risks because if not now when? It i...
by THY4373
Sun Sep 24, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6217

Re: Spouse Money Management

Another thing to keep in mind I am assuming she is still fairly young if in college and living with parents. While I am a pretty big saver these days I wasn't at all in college. I learned the value of dollar when I started working full time an realized what they took to earn. I changed a lot from my...
by THY4373
Sat Sep 23, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Older or younger people travel around?
Replies: 31
Views: 3179

Re: Older or younger people travel around?

I am 47 and I make three international trips a year (about 5 weeks total travel). I work for a living so that is all I can do leave wise. I traveled a fair amount when younger but mostly gave it up in my late 20s through early 40s as home ownership, building my career, marriage (leave was burned up ...
by THY4373
Fri Sep 22, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Set up a "reverse auction" to get a deal on buying a car
Replies: 32
Views: 2653

Re: Set up a "reverse auction" to get a deal on buying a car

While I didn't do a reverse auction as such I did something similar for the one and only new car I ever bought in my life (it was for my wife at the time as I stick to used for myself). Anyway my experience was many dealers were not particularly responsive to bargaining over the internet (a lot spen...
by THY4373
Fri Sep 22, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Luxury Car Purchase
Replies: 47
Views: 3669

Re: Luxury Car Purchase

That said, life is terminal and at 66 you will 'soon' die. I worked in the luxury motorcoach business and found that 82 seemed to be the maximum mark where people sold their RV's, started liquidating thier car collections, and significantly reducing their travel. There are of course exceptions, but...
by THY4373
Wed Sep 20, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 82
Views: 5160

Re: Uplifted Driveway = No Home Owners Policy ?!

My understanding is that the insurance companies send people to look at the exterior of the house from the street and take pictures. Unless they find anything and send you a letter, you'll never know. They don't send you any notice unless they find something. Certainly possible but my house wasn't ...
by THY4373
Wed Sep 20, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 82
Views: 5160

Re: Uplifted Driveway = No Home Owners Policy ?!

Try other insurance companies if you don't want to fix it. USAA never sent anybody out to my old house that I owned when it was insured with them (I rent now and they didn't send anybody to this place either but that is a little different).
by THY4373
Mon Sep 18, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 3999

Re: Worth buying an excessive priced house?

ThankYouJack wrote:
Mon Sep 18, 2017 5:51 pm
highest priority to me is to live life to the fullest, not if I have 15x or 12x by age Y.
That is a pretty fuzzy priority. Hard to offer any real advice without knowing what your definition of living life to the fullest is. My definition is very likely quite different than yours.
by THY4373
Mon Sep 18, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 3999

Re: Worth buying an excessive house?

Honestly this is really going to depend on what you want out of life. I am happy to pay extra for better schools. a good neighborhood and short commute. I made the mistake somewhat earlier in life in buying a big house with a big yard in a very nice neighborhood (it was an older custom built house)....
by THY4373
Mon Sep 11, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 4344

Re: What do you do in slow travels?

wstrdg wrote:
Mon Sep 11, 2017 11:16 am
Atlas Obscura is a wiki-driven encyclopedia of quirky spots to visit, the types of things that often only the locals know about. www.atlasobscura.com/
I love Atlas Obscura I have visited some very cool places I wouldn't have otherwise.
by THY4373
Fri Sep 08, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5687

Re: Purchasing Home With Girlfriend; Good or Bad?

I would think long and hard about this. I would only do it if there were a legal agreement between you and the girlfriend covering most contingencies. Things such as can one party force the sale of the property. What happens if you break up, etc. It is not something I would do unless I was sure I wa...
by THY4373
Tue Sep 05, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about drawing up a prenuptial agreement in California
Replies: 16
Views: 1878

Re: Questions about drawing up a prenuptial agreement in California

That being said this particular kind of tracing is bread and butter for divorce accountants and if you keep ALL account statements untangling the premarital portion of a 401k is easy (our situation was made even more challenging by some gaps in the records compounded by shifting plan administration...
by THY4373
Mon Sep 04, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best Retail banks - switching from Chase
Replies: 23
Views: 2201

Re: Best Retail banks - switching from Chase

Before you switch to an online-only or brokerage cash account, consider whether you might need some of the services that only a standard banks can provide. The online & brokerage banks don't do foreign bank transfers and don't accept foreign checks, and they can't provide you with things like cashi...
by THY4373
Mon Sep 04, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about drawing up a prenuptial agreement in California
Replies: 16
Views: 1878

Re: Questions about drawing up a prenuptial agreement in California

Very earnest plea: I am aware that our focus here on finances will strike many as foreign, distasteful, ill advised, and/or contrary to the spirit of matrimony, but I ask people to reserve comments related to those issues. Also, marriage and divorce are regulated by state law and I am only interest...
by THY4373
Mon Sep 04, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Best Retail banks - switching from Chase
Replies: 23
Views: 2201

Re: Best Retail banks - switching from Chase

There is no single best bank it will all depend on your requirements. I have/had a fair amount of bank accounts. My favorites are probably USAA for their excellent website, fast bill pay and great mobile app, domestic ATM fee reimbursement. I also like Schwab for their service, also fast bill pay an...
by THY4373
Fri Sep 01, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Flying business class with kids (TATL)
Replies: 24
Views: 1439

Re: Flying business class with kids (TATL)

I do a lot of points collection via credit cards (more spend than bonus offers) and do a fair amount of "travel hacking" which mostly amounts to keeping an eye fare sales and fare mistakes (though I am trying to teach myself for advanced stuff like fuel dumping). Anyway this means my son has travele...
by THY4373
Wed Aug 30, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7434

Re: I ran out of credit card signups bonus...

You can sell them to a points broker online, although you might bet banned from that frequent flyer program if they find out. Since you don't care about flying anymore I don't see any downside. Two other downsides I can see. If you are selling bank points you can get banned from banks as well or at...
by THY4373
Wed Aug 30, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: End of month; buying car and need to sell using Craigslist
Replies: 13
Views: 1208

Re: End of month; buying car and need to sell using Craigslist

On the ease of selling via Craigslist that will vary a lot on the demand for your car model and your price (you should do ok with a Civic as they seem in high demand). I recently sold an older Mustang (1990s convertible V8 in good condition but admittedly a limited audience). I had it on CL for seve...
by THY4373
Tue Aug 29, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 5281

Re: USAA opinions. Worth it?

Huh? What's the subscriber savings account? I have never heard of that. I get my little dividend check each year (or now credit toward premiums) but don't know about the subscriber savings account. You mean if I leave USAA I get a check? Never heard of that. After 30 years I might have really earne...
by THY4373
Tue Aug 29, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 5281

Re: USAA opinions. Worth it?

No divorce where you lose 50% of your assets is 'amicable'. Good on you for looking at it glass half full. But, lets call a spade a spade. Not to take the thread off at a tangent but wife earns and earned over the years pretty much the same that I do. With a few minor tweaks around the edges she to...
by THY4373
Mon Aug 28, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7434

Re: I ran out of credit card signups bonus...

Amex bonuses are once per lifetime. Chase and BoA will repeatedly pay bonuses but read up on the details. BoA will even allow one person to open multiple cards of the same type at once. You can also open business cards. Chase will repeatedly pay out bonuses but they do have 24 month language so car...
by THY4373
Mon Aug 28, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2270
Views: 395396

Re: What's Your Credit Card Rewards Strategy?

ADDED LATER: Out of curiosity, I deleted cookies and tried to book the same Air Serbia flight stating that I reside in the U.K. As a "UK resident" I saw somewhat different flights and different prices. Are there potential problems with misrepresenting your country of residence when booking a flight...
by THY4373
Sat Aug 26, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Insurance Increase
Replies: 13
Views: 1346

Re: USAA Auto Insurance Increase

Soon to be ex-wife got a similar notice on her (formerly our) house. Insurance went up like 40%. The real reason in that instance is with the impending divorce she was moved from the risk pool that I qualified for into a lower (status) one. She has since moved to Amica which is even cheaper than wha...
by THY4373
Thu Aug 24, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5538

Re: best credit card for airline mile

To be clear BA has certain times when they tend to have fare sales usually one in the spring and one in the fall (you are not going to find the cheap fares outside of these periods generally speaking and you want to be a member of AARP for the $200 discount (used to be $400) also BA Visa card holder...
by THY4373
Wed Aug 23, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5538

Re: best credit card for airline mile

I have British Airways VISA card. You get 50,000 miles after the initial spending, plus if you spend $30k a year, you get a companion ticket in addition to another 50,000 miles. I use the companion ticket to book business class tickets for my husband and I to London. It's much better than cash back...
by THY4373
Wed Aug 23, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5538

Re: best credit card for airline mile

Curiously not an airline card but the Starwood American Express. It earns 1 starpoint per $ spent which converts into 1.25 miles in most airlines. Also annual fee is less than airline cards (which only earn 1 mile per $ but offer other bennies like free checked bags and early boarding). +1 on the S...
by THY4373
Wed Aug 23, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 5538

Re: best credit card for airline mile

There is no single best card (as this thread proves) we would need a lot more data from you on what sort of flights you want to take from where to where and in what cabins. This is going to vary greatly from individual to individual. Essentially you have three sort of airline points cards (some over...