Search found 112 matches

by benevo
Wed Oct 03, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Think it's time for a HELOC
Replies: 5
Views: 767

Think it's time for a HELOC

Hello! I'm proud to say that we've been building up our emergency savings to a bigger number. Unfortunately, a leak is causing the need to rebuild part of our old chimney and it's a bit more than we want to take out of emergency savings. Since a HELOC is an option and having hemmed and hawed over a ...
by benevo
Wed Sep 26, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Still seems so odd. So the person who the check was made out to did not endorse the back of the check? I would have thought the check would not be accepted without the endorsement. Sounds like the check was presented and cashed out upon presentation (not deposited into any account)? Now that they h...
by benevo
Wed Sep 26, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Update: Got a copy of the image of the check. They definitely cleared everything except my signature - super creepy. Pay to name, date, amount (with a cross out), the written amount, and the memo line. The memo line was changed and is now XXXX-XXXX-XXXX-XXXX (random numbers - bank account or CC #? ...
by benevo
Wed Sep 26, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Update: Got a copy of the image of the check. They definitely cleared everything except my signature - super creepy. Pay to name, date, amount (with a cross out), the written amount, and the memo line. The memo line was changed and is now XXXX-XXXX-XXXX-XXXX (random numbers - bank account or CC #? ...
by benevo
Tue Sep 25, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Update: Got a copy of the image of the check. They definitely cleared everything except my signature - super creepy. Pay to name, date, amount (with a cross out), the written amount, and the memo line. The memo line was changed and is now XXXX-XXXX-XXXX-XXXX (random numbers - bank account or CC #? S...
by benevo
Tue Sep 25, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Thanks all for the replies. For those suggesting I file a police report - would I do that in the county/area I live in? I ask, because I live between 2 counties in 2 states - and may have mailed it from either one. Based on the previous post it sounds like federal authorities, FBI, Postmaster need ...
by benevo
Tue Sep 25, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Re: Someone stole my check from the mail, changed the amount, and deposited it

Thanks all for the replies.

For those suggesting I file a police report - would I do that in the county/area I live in? I ask, because I live between 2 counties in 2 states - and may have mailed it from either one.
by benevo
Tue Sep 25, 2018 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Someone stole my check from the mail, changed the amount, and deposited it
Replies: 61
Views: 7820

Someone stole my check from the mail, changed the amount, and deposited it

Sooooo, I had an interesting evening last night. I realized as I was doing some paperwork that someone I sent a check to a few weeks ago never cashed it. Upon logging into my checking account to look into it, I saw that the check *was* deposited - kind of. Instead of the $600 check I had written, in...
by benevo
Thu May 17, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: HELOC - rate vs location?
Replies: 8
Views: 559

Re: HELOC - rate vs location?

Thanks. I'm in the market for a HELOC too. Yesterday I got a quote from third federal for prime minus 0.76%, currently 3.99%. but it has a $65/year fee after the first year. YW! In my eyes, if it's being used either for large purchase/renovation or for an emergency fund, either way it shouldn't hav...
by benevo
Thu May 17, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: HELOC - rate vs location?
Replies: 8
Views: 559

Re: HELOC - rate vs location?

Good morning! Yet another HELOC thread, but one with a slightly different question. My partner and I are considering applying for a HELOC. I'm between three credit unions for servicing it: DCU/Digital Credit Union, Bethpage Federal Credit Union, and PenFed (in that order). DCU has the best rate of ...
by benevo
Thu May 17, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: HELOC - rate vs location?
Replies: 8
Views: 559

HELOC - rate vs location?

Good morning! Yet another HELOC thread, but one with a slightly different question. My partner and I are considering applying for a HELOC. I'm between three credit unions for servicing it: DCU/Digital Credit Union, Bethpage Federal Credit Union, and PenFed (in that order). DCU has the best rate of t...
by benevo
Fri Apr 06, 2018 7:07 am
Forum: Personal Finance (Not Investing)
Topic: LLC: how much attorney involvement?
Replies: 7
Views: 715

Re: LLC: how much attorney involvement?

What type of LLC? If it's single-member, which is what I have, I was able to do the work on my own and found it to actually be pretty interesting and not difficult (in New York, at least). If you're setting up a large LLC, you'd likely want an attorney's advice.
by benevo
Thu Apr 05, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: A Boglehead: one year later
Replies: 9
Views: 2505

Re: A Boglehead: one year later

ReformedSpender wrote:
Thu Apr 05, 2018 1:51 pm
Looks like solid progress in just 12 months. Congrats.

401k is utilizing VG Target 2040 fund yet IRA is in VG Target 2055? Why the difference?

:beer
I know it's not really diversifying, was just changing it up - do you think it's better to be the same?
by benevo
Thu Apr 05, 2018 7:11 am
Forum: Personal Finance (Not Investing)
Topic: A Boglehead: one year later
Replies: 9
Views: 2505

A Boglehead: one year later

On April 5, 2017, I posted my very-first post on this Bogleheads forum. (And, back in July, I posted an update on my overall finances.) I wanted to take a moment - exactly 1 year to the day after joining the Bogleheads community - to give an update on how far I've come, where my goals are, and where...
by benevo
Tue Feb 20, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 2359

House rewiring - cost of copper

Hello gang! I'm getting a quote in the next few days to rewrite my home's electrical. For background, we purchased it 2 years ago, after it was renovated, and it was built in 1939 - so, an older home. The electrical isn't causing any issues whatsoever (knock on wood!), however when I've replaced the...
by benevo
Fri Feb 09, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 6314

Re: What time do you go to work?

Marketing here for a big global company. We're pretty flex, in that some departments/groups are remote, some are in our headquarters, some are in various regional offices around the world - and none are the same hours. :) The company's official "open" hours are 8am - 6pm, however most in our HQ are ...
by benevo
Fri Feb 02, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 4655

Re: Multiple bank accounts - am I crazy?

denovo wrote:
Fri Feb 02, 2018 6:59 pm
One checking account is enough.
Nice to meet you denovo, I'm benevo. Are we cousins?!
by benevo
Fri Feb 02, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 4655

Re: Multiple bank accounts - am I crazy?

runner3081 wrote:
Fri Feb 02, 2018 3:06 pm
We keep our Chase (formerly WaMu) account open with $1500 in there to have a local presence. Works great for notaries, cashier checks, cash deposits, etc.

Otherwise, Ally is our main bank.
What's Chase's fee for cashier checks? I'm seeing mixed info online!
by benevo
Fri Feb 02, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 4655

Multiple bank accounts - am I crazy?

Happy Friday, Bogleheads! Sometimes, I wonder if I have too many bank accounts - then I heard from someone recently who has 12, and I feel better. I currently have 5 bank accounts: 1. Schwab checking 2. American Express Personal Savings 3. Capital One 360 checking 4. Capital One 360 savings 5. Local...
by benevo
Thu Jan 25, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Promotion - do I negotiate?
Replies: 2
Views: 514

Promotion - do I negotiate?

Good evening! I recently had my yearly review with my manager and received word that I will be getting a promotion (hooray!). I'm curious what others' experiences are in this situation: I know this means a pay increase, but I don't know how much or if I should negotiate. For background, I have been ...
by benevo
Mon Jan 22, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Pet insurance: Nationwide vs Healthy Paws?
Replies: 1
Views: 593

Pet insurance: Nationwide vs Healthy Paws?

Hi there Bogleheads! We had an emergency last weekend when one of our kids (read: cat) was having trouble breathing and we had to rush to the vet ER. Long story short, he (8 years old) was diagnosed with heart disease and is expected to live relatively normally on new medications (not the initial 6-...
by benevo
Mon Dec 04, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Understanding the World of Credit Card "Points"
Replies: 60
Views: 4508

Re: Understanding the World of Credit Card "Points"

I've recently become aware that there is a whole world of credit card points out there. Yes, I was vaguely aware of this, but I ignored it completely - just didn't have time to deal with it. However, now I've listened to a few financial podcasts where "experts" in this area of commerce are intervie...
by benevo
Mon Dec 04, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 11231

Re: Why should I donate to my alma matter?

Why would I donate money so that they can have a nicer rock climbing wall? My undergrad had an annual Scholarship Ball. When I was a student, it just seemed like a ritzy glamorous "gala" where the higher-end donors came and donated to the university at a live and silent auction, etc. Literally seem...
by benevo
Tue Nov 28, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Forming an LLC without an attorney
Replies: 24
Views: 2783

Re: Forming an LLC without an attorney

Sic Vis Pacem wrote:
Mon Nov 27, 2017 5:35 pm
Given the acumen displayed on your website, you will have zero problem appropriately forming the LLCs. I would not bother with LegalZoom or similar services, as you are perfectly capable of preparing the forms.
I just want to echo this sentiment - saved me about $300 to do it on my own!
by benevo
Sat Nov 25, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff remaining auto loan or finish remaining 16 months?
Replies: 13
Views: 1272

Payoff remaining auto loan or finish remaining 16 months?

Hi all and happy Saturday! I have 16 months left on my auto loan, with a current payoff amount of $4,228.39. It's at a 2.49% interest rate. I'm weighing the pros/cons of 2 options: Option A: payoff loan now - I have about 4 months of emergency savings and could payoff the loan from these savings - i...
by benevo
Mon Nov 20, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: Do you record customer service interactions?
Replies: 23
Views: 1657

Re: Do you record customer service interactions?

I personally make an effort to do live chats whenever possible - keeps everything in writing, that way!
by benevo
Thu Nov 16, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 6524

Re: Fair way to split expenses?

All, In order to prevent future fights and difficulties with money, my wife and I have decided to have separate bank accounts and funnel money to a joint account that auto pays our bills. I would like to ask advice from those who have done anything remotely similar as to the best way to determine h...
by benevo
Mon Nov 13, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 4553

Re: Schwab/Fidelity vs BoA Gold: Checking

I actually use both Schwab and CO360. Schwab - for all "spending money" and any time I need an ATM. As you mention, free ATM fee refunds at the end of the month! I use CO360 checking and savings for paying bills and keeping all my non-emergency fund savings balance. It's also extremely useful having...
by benevo
Wed Nov 08, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 32161

Re: How old are you and how much do you save for retirement a year

RDHlooking4FIRE wrote:
Tue Nov 07, 2017 8:39 pm
It's funny. Talking to people at work I feel like I'm the only one in the world saving for retirement. Reading on here I feel like I am not doing nearly enough.
+infinity THIS!
by benevo
Sat Nov 04, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting with significant other
Replies: 26
Views: 2742

Budgeting with significant other

Just purely discussion! Curious what others do. I have been with my SO for 4 years. We own a house together (purchased almost 2 years ago - my, how time flies!). We have a shared credit card, shared checking account, and shared savings account - and, of course, we are both on the mortgage. As we are...
by benevo
Fri Nov 03, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Max HSA?
Replies: 12
Views: 1629

Re: Max HSA?

Are you spending your HSA for ongoing health costs or saving it for the future? It sounds like you should definitely be putting the full amount into the HSA every year. That gives you a 25% savings on health costs if you have a 25% marginal tax rate. After that, it basically becomes like a Roth tha...
by benevo
Fri Nov 03, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Max HSA?
Replies: 12
Views: 1629

Re: Max HSA?

Da5id wrote:
Fri Nov 03, 2017 8:24 am
What is your marginal tax rate? If you are somehow in the 15% bracket, Roth should move up the list above 401k after you get match.
Just on the 25-28 line. Thanks for the reply!
by benevo
Fri Nov 03, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Max HSA?
Replies: 12
Views: 1629

Max HSA?

Good morning! I am a younger investor and currently putting in 11% toward my 401(k) (and yes, I get my employer match). I just started a roth IRA recently (very low monthly contribution of $25/month just to start, will certainly be increasing), and I have an HSA through work where I currently put an...
by benevo
Tue Oct 31, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: House - leaking chimney - thoughts?
Replies: 24
Views: 1532

Re: House - leaking chimney - thoughts?

Another old house owner here (and one experiencing a leak last weekend as well, unfortunately): Leaks can come from unexpected places, and fixing them is a trial and error process. Don't have anything inside fixed until you've patched the chimney and had another hard rain so that you're sure the ch...
by benevo
Tue Oct 31, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: House - leaking chimney - thoughts?
Replies: 24
Views: 1532

Re: House - leaking chimney - thoughts?

Is the chimney brick? Is the house older than 50 years(just as a number to use)? The picture suggest it may be. You may also need to consider tuck pointing the bricks in addition to the flashings. Another thought would be, does the roof slope down to the back side of the chimney? If so consider hav...
by benevo
Tue Oct 31, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: House - leaking chimney - thoughts?
Replies: 24
Views: 1532

Re: House - leaking chimney - thoughts?

Thanks - yes, I have 2 other people coming out today for other quotes.

And chimney is used as exhaust for boiler in the basement, so unfortunately the plastic sheeting won't work. Great suggestion though!
by benevo
Tue Oct 31, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: House - leaking chimney - thoughts?
Replies: 24
Views: 1532

House - leaking chimney - thoughts?

Good morning, Bogleheads! We in the northeast just had a pretty heavy day of rain on Sunday, which unfortunately caused me to find a leak in the stairs leading upstairs. I had a contractor come out to take a look, and he says the chimney needs some fixes. I'm a newer homeowner and this is my first-e...
by benevo
Fri Oct 27, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: My mortgage was sold - let it go, or shop around?
Replies: 15
Views: 2308

My mortgage was sold - let it go, or shop around?

Hi gang, Happy Friday! I just got a letter in the mail from my current (and original - loan is just at 2 years) mortgage lender, CitiMortgage, that they sold my loan to Nationstar Mortgage (aka Mr. Cooper!?!?). I know this happens all the time. Since none of the terms have changed, should I leave it...
by benevo
Fri Oct 06, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Student Debt Advice
Replies: 17
Views: 1560

Re: Student Debt Advice

Pay down this mess of a debt asap. Live like you understand you are broke and in a mess. Sounds like you are throwing a lot of money at the debt which is great. Save for a car to pay cash (keep it a cheap car) and emergency fund is critical. Unless you want to be in debt forever like the other lemm...
by benevo
Thu Oct 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 393
Views: 68493

Re: Identity theft

cas wrote:
Sun Oct 01, 2017 10:01 am
First thing I would do is make sure this isn't a phishing scam: Don't use the phone number that he was given, but find the real number of the financial institution (from their web site, a paper statement, etc.), call them, and confirm that the withdrawal really happened.
^^ THIS
by benevo
Tue Oct 03, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 64887

Re: Equifax customer information leak

Hmmm! I'll have to confirm, that's a great question. No, didn't do a freeze yet - knew I'd be setting up a new cell account and didn't want to unfreeze. I'm in a state where it's free to freeze but not unfreeze, so figured I'd wait. Now that account is setup, I'm not sure what to do! All the websit...
by benevo
Tue Oct 03, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 64887

Re: Equifax customer information leak

Equifax, TransUnion, and Experian Which one did you place it with? I placed it with Experian, it was forwarded to Transunion but not Equifax. Someone else on here also reported that only 2/3 got it. But in any case, it's a shame that the fraud alerts aren't taken more seriously, but that's one of t...
by benevo
Tue Oct 03, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 64887

Re: Equifax customer information leak

Equifax, TransUnion, and Experian
by benevo
Tue Oct 03, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 64887

Re: Equifax customer information leak

I put in a security freeze at ChexSystems on 9/12. As fate would have it, I needed to open a savings account last week. The bank said to me "are you aware that you have a security freeze in on your account?" I said "yes." And that was all there was to it. I didn't need to lift the freeze in order t...
by benevo
Sun Oct 01, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Take out of emergency savings to pay off auto loan?
Replies: 7
Views: 945

Re: Take out of emergency savings to pay off auto loan?

Meh. With a one year payoff, and a relatively modest difference in the interest on savings (which is taxable, of course) or the loan (not deductible), it's really kind of a wash. Mathematically, you would be ahead to pay off the loan, but it's not going to be a big swinger. How secure is your job, ...
by benevo
Sun Oct 01, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Take out of emergency savings to pay off auto loan?
Replies: 7
Views: 945

Take out of emergency savings to pay off auto loan?

Good evening, Boglehead'ers! I have an emergency savings account - with a goal of ultimately holding 6 months, I currently have 3 months of savings. I'm considering taking about 40% out to pay off my auto loan. Here are some thoughts/notes. - My emergency savings is in an American Express High-Yield...
by benevo
Thu Sep 21, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Credit freeze or fraud alert?
Replies: 18
Views: 1697

Credit freeze or fraud alert?

Hi gang! I know there's a couple threads about the Equifax breach. Like many of you, I'm identified as likely impacted when checking the Equifax site. I already belong to AAA's ProtectMyID service, so I don't see a need to signup for Equifax's free year of identity theft protection. I also have Disc...
by benevo
Fri Aug 04, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Escrow surplus - toward escrow or principal?
Replies: 13
Views: 1675

Re: Escrow surplus - toward escrow or principal?

A PS -

The appraisal is done through a company our mortgage lender picks/uses. What's stopping them from being in favor of the mortgage company (Citi) and appraising lower?

And, will an appraisal affect taxes?
by benevo
Fri Aug 04, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Escrow surplus - toward escrow or principal?
Replies: 13
Views: 1675

Re: Escrow surplus - toward escrow or principal?

I would do it, PMI is money down the drain. And get rid of the escrow account as well. Yes, it's 'convenient' to just have one bill and that's usually how we all start out. However it's also nice to have your money sitting in your account waiting for that tax bill! I'll never get an escrow account ...
by benevo
Fri Aug 04, 2017 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Pay loan early at this point?
Replies: 10
Views: 1079

Re: Pay loan early at this point?

How stable is your job? I hate debt of any kind so I would pay off the car especially when it makes you feel you made a mistake. I like the math above but I enjoy the momentum and the feeling better. Meanwhile, always save for your car purchases and pay cash for them. You don't have to take a loan ...