Search found 225 matches

by IowaFarmWife
Sun Sep 20, 2020 1:45 pm
Forum: Personal Investments
Topic: Best Vehicle for Home Savings
Replies: 30
Views: 2078

Re: Best Vehicle for Home Savings

I would suggest putting some of the down payment into I bonds through Treasury Direct. Although the returns will not be spectacular, it is a safe investment and the savings will keep up with inflation.
by IowaFarmWife
Sun Sep 20, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3486

Re: Chris Hogan's Facebook Group restrictions

There is a substantial percentage of people who suffer when subjected to controversy. Sometimes they have been wounded by being the softest person in the room for many years. Sometimes they are not very smart and know it, and every honest question they have asked has been shot down as dumb by someb...
by IowaFarmWife
Sat Aug 08, 2020 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: [How much should I give to charity?]
Replies: 24
Views: 3192

Re: [How much should I give to charity?]

I regularly give about 5% of my net income to charities each month, divided between my parish, the diocese, and local grass roots charities (homeless shelter, soup kitchen, etc.) Once DD #4 is done with college, I'm hoping to increase my charitable giving. I also donate a few hours a week to my pari...
by IowaFarmWife
Fri Jul 31, 2020 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Barclays Bank Online Savings Now 0.80% (July 30, 2020)
Replies: 8
Views: 1023

Re: Barclays Bank Online Savings Now 0.80% (July 30, 2020)

These rates are making I bonds look more attractive all the time... The other cash part of my emergency fund is in a credit union Rewards Checking account earning 3.00 % (only up to $10,000). I wonder how long that will last... My checking account offers a 1% interest rate, so most of my money is i...
by IowaFarmWife
Fri Jul 31, 2020 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Barclays Bank Online Savings Now 0.80% (July 30, 2020)
Replies: 8
Views: 1023

Re: Barclays Bank Online Savings Now 0.80% (July 30, 2020)

These rates are making I bonds look more attractive all the time...
by IowaFarmWife
Thu Jul 30, 2020 10:20 pm
Forum: Personal Investments
Topic: Is 25 too young for paid off house?!
Replies: 72
Views: 5235

Re: Is 25 too young for paid off house?!

Is that a typo? Are you missing a digit in the price of your house? $65k? If not, I need to try some geographic arbitrage and move to Iowa. I've heard of $10,000 houses in Detroit and other areas, but not in Iowa, which I heard is a nice place to live. Time to move! Iowa is a wonderful place to liv...
by IowaFarmWife
Wed Jul 15, 2020 8:10 am
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 142
Views: 16501

Re: Smarter approach to "emergency funds"?

I've said previously that the emergency fund does NOT need to be entirely in cash instruments, just that the household have enough liquidity to persevere scenarios with a reasonable probability of occurring. There are various ways to accomplish this, and one that I think most people should consider...
by IowaFarmWife
Tue Jul 14, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 142
Views: 16501

Re: Smarter approach to "emergency funds"?

I've said previously that the emergency fund does NOT need to be entirely in cash instruments, just that the household have enough liquidity to persevere scenarios with a reasonable probability of occurring. There are various ways to accomplish this, and one that I think most people should consider...
by IowaFarmWife
Tue Jul 14, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Death of estranged parent
Replies: 54
Views: 5899

Re: Death of estranged parent

be sure to check on any unclaimed property in any state in which father might have lived: https://unclaimed.org/search-for-your-unclaimed-property-its-free/ you never know what accounts he may have had, even if closed, that might have still had money in it that was turned over to the State. As next...
by IowaFarmWife
Thu Jul 09, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1648
Views: 235513

Re: Fidelity as a one stop shop

What backup credit card does everyone use in case the Fido card rejects? I wish they still offered the Amex so I could get rid of my other banking login at Citi. I've never had Fido reject any purchase attempt, but I always carry Discover or Chase with me just in case. The only card I've ever had a...
by IowaFarmWife
Mon Jul 06, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1648
Views: 235513

Re: Fidelity as a one stop shop

Two days seems fast to me. I was waiting 6 calendar days to make some transfers from my bank to Fidelity. Not sure if that was Fidelity's fault. Probably my bank wanting to hold the money a bit longer. 6 days seems ridiculous to me. It took about 5 days from check deposit to me being able to withdr...
by IowaFarmWife
Mon Jul 06, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16854

Re: Which College degrees are worthwhile?

What is "OT/PT/SLP"? Occupational therapist, Physical Therapist, Speech Language Pathologist I would be cautious here. The schooling takes 7 years and debt can be quite high. Salaries are fairly low in most of the US ~70K and there is not much salary growth with experience unless you go into hospit...
by IowaFarmWife
Sun Jul 05, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 188
Views: 12809

Re: Neighborhood Noise

Greetings, I am sensitive to noise and do not like it. I have issues with two categories of noise: 1. Noise (like people playing music and talking outside) at night when I am trying to go to sleep 2. Noise that can be dangerously loud, such as nearby illegal fireworks. I am really rattled after las...
by IowaFarmWife
Sun Jul 05, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16854

Re: Which College degrees are worthwhile?

If it's teaching, Intervention Specialist (special education) is the way to go. Yes, I agree, or OT/PT/SLP in either a medical or educational setting. What is "OT/PT/SLP"? Occupational therapist, Physical Therapist, Speech Language Pathologist I would be cautious here. The schooling takes 7 years a...
by IowaFarmWife
Sun Jul 05, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card vs Debit Card
Replies: 53
Views: 2560

Re: Credit Card vs Debit Card

Personally, I'm with your friends. The use of a debit card either online or in person can expose your banking account to risk from unscrupulous people. I like using cash back credit cards for most of my purchases (Fidelity, City double cash) to reap the 2% rewards. However, like you, I don't want to...
by IowaFarmWife
Fri Jul 03, 2020 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Why do you invest and what are you investing for?
Replies: 22
Views: 1627

Re: Why do you invest and what are you investing for?

I invest in my retirement funds because I don't relish the idea of being a bag lady during my retirement years.
by IowaFarmWife
Thu Jul 02, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: Capital One BuyPower Card with 5% Earnings
Replies: 4
Views: 3310

Re: Capital One BuyPower Card with 5% Earnings

I decided to take a chance on this card. The reward details have been stable for the last 2 years. It earns 5% rewards for the first $5,000 spent each year (and then 2% after that). The rewards do not expire, and can be used later to buy a GM car/truck. I plan to use this card every year until I ha...
by IowaFarmWife
Mon Jun 29, 2020 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16779

Re: What is the best financial decision you ever made?

Investing in my education and getting my graduate degree.
by IowaFarmWife
Mon Jun 29, 2020 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16779

Re: What is the best financial decision you ever made?

Investing in my education and getting my graduate degree.
by IowaFarmWife
Sun Jun 28, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 77
Views: 9576

Re: Getting your spouse on the same page

Wow, after reading through most of this tread and hearing about all of the wives who don't care about budgeting or investing, I'm beginning to wonder if I am one of the exceptions to the rule. My husband and I have regular meetings about budgets and how we are doing on our savings goals, and we are ...
by IowaFarmWife
Sat Jun 27, 2020 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16854

Re: Which College degrees are worthwhile?

X528 wrote: Sat Jun 27, 2020 10:50 am
IowaFarmWife wrote: Sat Jun 27, 2020 10:46 am
fusspot wrote: Sat Jun 27, 2020 9:21 am If it's teaching, Intervention Specialist (special education) is the way to go.
Yes, I agree, or OT/PT/SLP in either a medical or educational setting.
What is "OT/PT/SLP"?
Occupational therapist, Physical Therapist, Speech Language Pathologist
by IowaFarmWife
Sat Jun 27, 2020 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 248
Views: 16854

Re: Which College degrees are worthwhile?

fusspot wrote: Sat Jun 27, 2020 9:21 am If it's teaching, Intervention Specialist (special education) is the way to go.
Yes, I agree, or OT/PT/SLP in either a medical or educational setting.
by IowaFarmWife
Thu Jun 25, 2020 1:59 pm
Forum: Personal Consumer Issues
Topic: Okay to have 2 health insurance for child (parents and his work)?
Replies: 13
Views: 983

Re: Okay to have 2 health insurance for child (parents and his work)?

My husband was double covered for a number of years (family policy through my work, mandatory single coverage through his work), and it worked well for us. He had his ACL repaired, rotator cuff and bicep tendon repaired, and two heart surgeries, and we didn't pay anything out of pocket for any surge...
by IowaFarmWife
Thu Jun 25, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 165
Views: 20273

Re: Any Instant Pot users here?

For anyone who has a Kindle, the following Instant Pot cookbooks are either $0.00 or $0.99 on Amazon. I got them on 6/1 and they are still that price now although I don't know how long they will stay discounted. These are non-unlimited versions. There may be others in this price range but I didn't ...
by IowaFarmWife
Sat Jun 20, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Fidelity 2% Cash Back credit card
Replies: 167
Views: 10286

Re: Disappointed in Fidelity 2% Cash Back credit card

This thread has been entertaining, that's for sure. I already responded in Fidelity's defense, even though I don't own the card myself. It's pretty obvious what the deal is with cashback. However, I wanted to bring up another point, in OP's defense this time. Being a financial junkie (who isn't on ...
by IowaFarmWife
Sun Jun 14, 2020 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about getting a 3% checking account at Evangelical Christian Credit Union what do you think?
Replies: 24
Views: 2896

Re: Thinking about getting a 3% checking account at Evangelical Christian Credit Union what do you think?

My con having accounts like that in the past was that it was always a pain to do the 12 debit transactions. I used to satisfy it by paying small amounts 12 times to the cable company, but now that I've cut the cord I don't think I have a relationship with a vendor any more where I'd feel OK doing t...
by IowaFarmWife
Fri Jun 12, 2020 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy: is it worth it?
Replies: 10
Views: 1068

Re: Umbrella policy: is it worth it?

If you have a working, income-generating farm, then I would clarify if your homeowners and umbrella coverages extend to that farm. I jointly own, with my brother, acreage that's been in our family for over 100 years. Our agent told us that if the farm was a working farm that generated income, our h...
by IowaFarmWife
Fri Jun 12, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy: is it worth it?
Replies: 10
Views: 1068

Umbrella policy: is it worth it?

Good morning! My husband and I are trying to decide if it is in our best interest to purchase a one million dollar umbrella policy. We are currently in our mid 50s with two adult children still living at home with us (college age, just starting new career). Our insurance agent quoted us $315/year fo...
by IowaFarmWife
Sun May 31, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: What does your budget spreadsheet look like?
Replies: 36
Views: 2540

Re: What does your budget spreadsheet look like?

[/quote] By "kinds of accounts" I'm referring to checking, savings, brokerage, etc. For example, if people here wanted to buy a $15k car in cash, where does that $15k come from? A designated checking or savings (or MM or CDs) that you contribute to for a number of years with that specific purpose? D...
by IowaFarmWife
Sat May 30, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: Non Fiction books for teenagers
Replies: 52
Views: 2695

Re: Non Fiction books for teenagers

Candor wrote: Sat May 30, 2020 10:35 am I loved the "All Creatures Great and Small" series by James Herriot a veterinarian in Yorkshire England when I was a teenager. I haven't read them as an adult so hopefully they hold up but I'm sure they do.
I LOVE those books. Totally agree.
by IowaFarmWife
Sat May 30, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: What does your budget spreadsheet look like?
Replies: 36
Views: 2540

Re: What does your budget spreadsheet look like?

I use YNAB. The app is very easy to use and looks great. Fundamentally it's an envelope system of budgeting - only spend the dollars you have. This is similar to what I do. I have sinking funds for almost everything, and they are all kept in my interest bearing checking account. I keep track of the...
by IowaFarmWife
Wed May 27, 2020 7:23 pm
Forum: Personal Investments
Topic: Betterment liquidated my investments without my authorization
Replies: 75
Views: 5594

Re: Betterment liquidated my investments without my authorization

Wow, I'm sorry this happened to you. I am in the midst of transferring both my Betterment and Wealthfront accounts into Fidelity, and this makes me really nervous. I have small account at Betterment ($500-ish), and I may just cash it out and ACH the money into Fidelity. The Wealthfront transfer proc...
by IowaFarmWife
Tue May 26, 2020 7:17 am
Forum: Personal Investments
Topic: Buy CDs with credit card or debit card?
Replies: 12
Views: 1065

Re: Buy CDs with credit card or debit card?

About 11 months ago I acquired three $200 Vgc (Visa gift cards). They were forgotten about over the last year.. Those Vgc start having a monthly fee after 12 months, so it is within my financial best interest to spend these Vgc date sooner rather than later. CD investing is something I wanted to di...
by IowaFarmWife
Mon May 25, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting for Gifts?
Replies: 20
Views: 1274

Re: Budgeting for Gifts?

I have created several "sinking funds" in my interest bearing checking account (A sinking fund is a sum of money that you set aside (usually by saving a bit each month) that's completely separate from your savings account or your emergency fund. A sinking fund can be used to pay for home repairs, sa...
by IowaFarmWife
Sun May 24, 2020 8:16 am
Forum: Personal Investments
Topic: Has anyone ever used their Emergency Fund?
Replies: 92
Views: 7672

Re: Has anyone ever used their Emergency Fund?

It doesn't have to be only cash - I know more than one person who have used their one year emergency food supply during economic hardship. It too is a form of savings, but takes careful management. I agree. Over the past few decades, part of our "emergency savings" has been a well stocked pantry an...
by IowaFarmWife
Thu May 21, 2020 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: investmenting books
Replies: 28
Views: 1664

Re: investmenting books

I am currently reading "The Millionaire Teacher." I am enjoying it and have been learning a lot about investing and personal finance. https://www.amazon.com/Millionaire-Teac ... 0470830069
by IowaFarmWife
Fri May 15, 2020 9:57 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 173889

Re: What frugal thing did you do today?

So today I changed to a new roll of TP. Nothing frugal about that... Except that I noted the date I last changed the roll (Apr 25) to determine how often I go through them. Estimating that my wife uses more than me, I figure we go through ~7 rolls a month since we have no visitors these days. I did...
by IowaFarmWife
Sat May 02, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: TreasuryDirect I Bond Timing
Replies: 16
Views: 1744

Re: TreasuryDirect I Bond Timing

[/quote]

Depending on how much cash you have lying around, it might make sense to even put it in a no penalty CD (Ally Bank, Marcus, CIT Bank), since it is likely savings account interest rates will continue to fall.
[/quote]

I will look into this option, too. Thanks!
by IowaFarmWife
Sat May 02, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: TreasuryDirect I Bond Timing
Replies: 16
Views: 1744

Re: TreasuryDirect I Bond Timing

Do any of you plan on purchasing more I bonds during this 0% time period? I have been purchasing some every month with the goal of building up more in my emergency fund, but I'm not sure I want to buy during this next six months. I don't know if I'm going to do any better elsewhere, though, since i...
by IowaFarmWife
Sat May 02, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: TreasuryDirect I Bond Timing
Replies: 16
Views: 1744

Re: TreasuryDirect I Bond Timing

Do any of you plan on purchasing more I bonds during this 0% time period? I have been purchasing some every month with the goal of building up more in my emergency fund, but I'm not sure I want to buy during this next six months. I don't know if I'm going to do any better elsewhere, though, since in...
by IowaFarmWife
Thu Apr 30, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: TreasuryDirect I Bond Timing
Replies: 16
Views: 1744

Re: TreasuryDirect I Bond Timing

Do we know yet what the May-November rates are going to be yet?
by IowaFarmWife
Wed Apr 29, 2020 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1648
Views: 235513

Re: Fidelity as a one stop shop

Does anyone else have seemingly random orders placed on their account? I have the CMA that maintains a $0 balance w/ automatic overdraft protection from my brokerage account. This morning I signed on and at 1:30AM their was a sell order for ~$315 of SPRXX, but I don't have any activity that should ...
by IowaFarmWife
Sun Apr 19, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16829

Re: What percentage of your paycheck do you invest?

It's true that "anybody" can save 10-20% of income. But here's a story about what happens next. I was in the coin-op laundromat just doing my thing, and a young woman came in with bags and baskets of laundry - clothes, rugs, curtains, comforters, you name it, if she owned it and it was made of clot...
by IowaFarmWife
Fri Apr 17, 2020 7:40 am
Forum: Personal Consumer Issues
Topic: Advise what to do after receiving email from Hacker trying to extort money
Replies: 58
Views: 5047

Re: Advise what to do after receiving email from Hacker trying to extort money

Was your wife looking at por&n? That is usually the email I get. It has some password I've used for some random forum like Honda forums or whatever, and then it proceeds to tell me that they activated my webcam while I was pleasuring myself looking at adult sites and they will send that video to al...
by IowaFarmWife
Wed Apr 15, 2020 9:03 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16829

Re: What percentage of your paycheck do you invest?

I am investing 10% at this time, and like you, I would like to increase this as much as possible.
by IowaFarmWife
Wed Apr 01, 2020 7:42 pm
Forum: Personal Consumer Issues
Topic: Homemade Salad Dressing
Replies: 51
Views: 3245

Re: Homemade Salad Dressing

gtd98765 wrote: Wed Apr 01, 2020 7:38 pm Since living in Italy we have just gone with olive oil, balsamic vinegar, salt, and pepper.
My father was Italian, and this is what we always had. He couldn't stand commercial salad dressing.
by IowaFarmWife
Mon Feb 10, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to consider quitting my job?
Replies: 128
Views: 14265

Re: Am I crazy to consider quitting my job?

Honestly, I would quit. I was able to be a stay at home mom when our children were young, and I wouldn't trade that for anything. It was one of the best times of my life.