Search found 1418 matches

by mmmodem
Mon Oct 22, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 Expenses > 2019 Income – Help us close the gap
Replies: 52
Views: 1551

Re: 2019 Expenses > 2019 Income – Help us close the gap

Up until this year, I was living in the Bay Area with a family of 5 on an $85k salary. Here's our comparison to you. Everything I don't mention, I don't know or we're roughly the same as you. Our mortgage, tax, & HOA combined are roughly the same. Internet/No Cable: $70 Yes, it costs $20 more for in...
by mmmodem
Mon Oct 22, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell or rent out my bay area house?
Replies: 26
Views: 2062

Re: Should I sell or rent out my bay area house?

My sister and I both moved out of the Bay Area this year. We're both cash positive if we choose to rent the home. I chose to sell and she chose to rent. This will be her second home in the Bay Area to rent. She's living in a third home far away. I prefer not owning real estate other than my primary ...
by mmmodem
Sat Oct 20, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 5599

Re: Pull kids from school for vacations?

I have a student who is having difficulty in math and his family pulled him out for only two days to go to Disneyland about a week ago. In order to prepare for an upcoming math test, we were doing the chapter review during both the days he missed. After he returned, I gave him a few extra days to g...
by mmmodem
Sat Oct 20, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks
Replies: 31
Views: 1630

Re: Travelers Checks

...I plan to take them to my bank the next time I go there. It's just two blocks up the street... Please let us know how that works out. My prediction is that you will encounter some kind of minor nuisance... for example, a fee for cashing them (even though you paid a fee to buy them in the first p...
by mmmodem
Sat Oct 20, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: HSA contributions
Replies: 3
Views: 323

Re: HSA contributions

Most HSA accounts have a minimum investment threshold. i.e. $1000-$1500. Seems like a good place to start. My HSA invests anything above $1500 in $200 increments after each recurring contribution.
by mmmodem
Wed Oct 17, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: $34k Volt vs $54k Model 3?--help me decide??
Replies: 88
Views: 7880

Re: 2016 vs 2018 Volt vs Model 3?--compare and help me decide?

I know that if I choose the right car now, I'll happily keep it 10+ years (no matter what better stuff comes out in the future). The above is not necessarily true as evidenced by your current ownership of a 6 year old vehicle. You are nowhere near 10 years with your Volt. I say this not to be snark...
by mmmodem
Tue Oct 16, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Relocation to California
Replies: 49
Views: 4135

Re: Relocation to California

I've lived in Norcal my whole life. Family and friends are sprinkled across Norcal and Socal. I lived in LA a few years for college. We probably go down to LA or SD 4 times every year. I wouldn't hesitate to move if given the chance. We would be moving from a higher COLA to a lower COLA, so that mak...
by mmmodem
Sun Oct 14, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Buy new car with 25% tax credit vs. Keep old car
Replies: 9
Views: 913

Re: Buy new car with 25% tax credit vs. Keep old car

Your Civic does not have TPMS or ESC? The problem with the Prius Prime is it does not have enough electric only range to qualify for the sales tax exemption in my state. In 2006, TPMS and ESC weren't mandatory safety items. If I bought a newer vehicle today, it would have blind spot monitoring, aut...
by mmmodem
Sat Oct 13, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5380

Re: Weigh in on our Marital Argument =)-- HCOL edition

OP, we are also 1st Gen Asian Americans so I fully understand having parents stay the night at your place. We also live in a HCOLA. I literally spent the night before my wedding sleeping in the car when her family traveled from southern CA. I still remember my mom scolding me when we visited once an...
by mmmodem
Sat Oct 13, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Buy new car with 25% tax credit vs. Keep old car
Replies: 9
Views: 913

Re: Buy new car with 25% tax credit vs. Keep old car

Since OP is being vague, I'll give a real world example. I replaced a paid off reliable 2006 Honda Civic with 144k miles with a new 2012 $30k Toyota Prius PHEV and received $4500 in total rebates and tax credits. The reason was simple: I could afford it. The intangibles of driving electric, solo HOV...
by mmmodem
Fri Oct 12, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2598

Re: TV recommendation for my father

Just bought a 65 inch Sceptre 4K TV from Walmart for $450. There are no smart functions whatsoever on the TV. It is a bare bone bottom of the line worst picture quality of anything you can buy today. But guess what? It's way brighter, sharper, better looking than the near top of the line HDTV that i...
by mmmodem
Fri Oct 12, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase - Sellers Request Help with Repairs
Replies: 69
Views: 3064

Re: Home Purchase - Sellers Request Help with Repairs

You're buying a home from a real person. This is not a business transaction, in my opinion. However, whether it is or not has no bearing on your response. You don't need to justify your position. You have to look out for your own family, first. If it's a seller's market, you meet them half way and o...
by mmmodem
Thu Oct 11, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: My life saved by New subaru. Almost died.
Replies: 62
Views: 7148

Re: My life saved by New subaru. Almost died.

You were saved by an autonomous emergency braking system. It just happened to be installed in a Subaru. A Corolla would've performed the same deed. This will be standard feature on vehicles in 2022. AEB is the next ESC which was the next TPMS which was the next ABS and so on and so forth. AEB is top...
by mmmodem
Wed Oct 10, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 686

Re: Very few junk phone calls in Spain?

Just counted the number of junk calls I got in September: 9. My speculation is frequency of junk calls is a function of how you use your phone and how much you use your phone. If you don't use your phone often, there is no spam. My company issued cell phone number that I never use gets 1 or 2 junk c...
by mmmodem
Wed Oct 10, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Millennials & Money Data
Replies: 25
Views: 3127

Re: Millennials & Money Data

I think it is safe to assume 20-30% of millennial have $50k in investable assets Why would you assume this? According to the article below, most Americans don't have $500 to cover an emergency. I would be shocked if 20% of millennials or Gen Xers has $50k in investable assets. http://money.cnn.com/...
by mmmodem
Tue Oct 09, 2018 5:27 am
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6821

Re: Got my new Iphone Xs

Am I the only one that doesn't want the new iPhone because of the notch at the top? Apple should copy Samsung...they figured out how to do the whole screen. No, you're not the only one. I also hate it. But I also have the home button taking up all the bezel space. So it's two steps forward and one ...
by mmmodem
Mon Oct 08, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Testing used cell phone purchase for CDMA & GSM
Replies: 9
Views: 558

Re: Testing used cell phone purchase for CDMA & GSM

The simplest answer is to purchase a Verizon iPhone 6s. All iPhone 6s works on all networks. There are variations in models with different radio bands but all work. Get a Verizon model because all Verizon iPhone 6s are unlocked. With other carriers you will need the physical phone and sim to be sure.
by mmmodem
Mon Oct 08, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11074

Re: Talk me out of buying a Tesla Model 3

You can afford it so I'll make the case that you should buy it. I'm curious what you mean by fuel savings isn't worth it for the amount you drive. Savings is savings and it matters how much total you drive the vehicle, not what your annual mileage is. If you don't plan to drive more than 10k miles t...
by mmmodem
Sun Oct 07, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Level of Auto Insurance to carry
Replies: 35
Views: 1820

Re: Level of Auto Insurance to carry

We only have liability on my 2009 as the vehicle is not worth much. We can self insure. We have full coverage on the 2016. We have the highest deductibles our insurance company offers. The premium cost for lower deductibles or keeping collision and comprehensive is negligible. I agree it's cheap to...
by mmmodem
Sat Oct 06, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Level of Auto Insurance to carry
Replies: 35
Views: 1820

Re: Level of Auto Insurance to carry

We only have liability on my 2009 as the vehicle is not worth much. We can self insure. We have full coverage on the 2016. We have the highest deductibles our insurance company offers. The premium cost for lower deductibles or keeping collision and comprehensive is negligible. I agree it's cheap to ...
by mmmodem
Sat Oct 06, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Concerns of buying a home...what would you do?
Replies: 23
Views: 2096

Re: Concerns of buying a home...what would you do?

I don't allow my inability to predict what home prices will be in the future dictate whether I buy a home or not. I don't think I or anyone can reliably predict when the next bubble will happen. I buy a home off I can afford it, have 20% down on a conventional 30 year mortgage, and I plan to stay in...
by mmmodem
Sat Oct 06, 2018 6:36 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9616

Re: What is your annual cost for health insurance?

Annual cost- $4,260 for HDHP
How many- Family of 5
Profession- Engineer @ Megacorp

With only two posts above mine, you're making me question the accuracy of my response. How many people are paying double what we pay?
by mmmodem
Fri Oct 05, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6821

Re: Got my new Iphone Xs

The part I bolded is not true. Your previous sentence may or may not be true (I did not look up exact human eye specs) at normal phone distance. But the higher pixel count on a phone DOES make a difference when using your phone as a VR player. I have noticed the difference myself. So it more than j...
by mmmodem
Thu Oct 04, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Accepting a Contingency Offer
Replies: 24
Views: 1457

Re: Accepting a Contingency Offer

We were in a similar situation as buyer. We did include an expiration date on the offer which is the standard time for inspections and appraisal. We would not have objected to a 24 hour stipulation on competing offers. We would not have accepted a cancellation fee or losing our earnest money. We did...
by mmmodem
Thu Oct 04, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1841

Re: Dehumidifier and humidity meter recommendations

Buy a dehumidifier that measures humidity levels and turns off and on automatically. Attach it to a drain and you can set it and forget it.
by mmmodem
Wed Oct 03, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: social considerations with gaming credit cards
Replies: 21
Views: 2512

Re: social considerations with gaming credit cards

According to Planet Money on NPR, the poor are paying for the rewards cards... just like the lottery.
https://www.npr.org/sections/money/2010 ... ch-benefit
by mmmodem
Wed Oct 03, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Got my new Iphone Xs
Replies: 67
Views: 6821

Re: Got my new Iphone Xs

I'm ready to retire my iphone 6s after four years, storage capacity almost exhausted. Visited the Apple store this past weekend and I must say the Xs is indeed "night and day" as someone above mentioned compared to the 6s. I just wished they had the Xr available on hand to see the difference(s). I ...
by mmmodem
Tue Oct 02, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: My bank and absurd policy for "no fee"
Replies: 51
Views: 4230

Re: My bank and absurd policy for "no fee"

Why can't you just keep $1000 in there? Yea, $1000 is really nothing... I kept $1500 at bofa checking account. At 2% rate, I am losing $30/yr in interest. But plenty of access around the country for convenience so I keep it. Ditto. Chase requires $1500 as well. At 2%, essentially, we are paying $30...
by mmmodem
Tue Oct 02, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Adult kids getting help from parents
Replies: 36
Views: 2220

Re: Adult kids getting help from parents

My siblings and I, none of us required any help after college. We are all currently helping our parents financially. Among my sphere of influence this is neither rare or common. I know many who accept help from parents. I know many who do not. I'm not surprised either way. If my parents had any mone...
by mmmodem
Tue Oct 02, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: New Apartment, city noise
Replies: 43
Views: 3275

Re: New Apartment, city noise

I grew up in a home next to train tracks, cats meowing, dogs barking and next to the highway. I am very tolerant of noise. I often slept with toilet paper in my ear or with the TV on sleep mode to white noise me to sleep. In college, I moved into a bedroom next to the neighbor's driveway. They had a...
by mmmodem
Tue Oct 02, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: How many months/years of living expenses do you save each year?
Replies: 29
Views: 3417

Re: How many months/years of living expenses do you save each year?

1x of our living expenses are saved every year. I don't often agree with Klangfool's hardline rules but for this one we just happen to make the cut... I think. :wink: It's rather simple to do, avoid lifestyle creep as income climbs. Difficult, yes, but very simple to do. Our payroll taxes are consid...
by mmmodem
Mon Oct 01, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Deductibles
Replies: 19
Views: 1465

Re: Auto Deductibles

Changing my deductibles from $500 to $1000 results in a $27 decrease in premium every 6 months. That is on a $300 premium, so about 10% lower. Maybe worth it. In other words, you can pay $54 a year for $500 coverage. That just doesn't seem compelling to me. $54 isn't much money but neither is $500....
by mmmodem
Mon Oct 01, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Auto Deductibles
Replies: 19
Views: 1465

Re: Auto Deductibles

sport wrote:
Sun Sep 30, 2018 8:53 pm
Just because I have a $100 deductible, does not mean that I will put in a claim for damages of $200. It means that if I have a damages of $3000, they will pay $2900 rather than $2500 or $2000.
Good point.
by mmmodem
Sun Sep 30, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1259

Re: how to determine the maintenance schedule for newer cars?

I don't want to bring my car in for something and then get a pop up a couple weeks later that something else needs to be addressed in the next 1-2k miles. Or hell, even the next 3k mIles. That's not how MM works. All maintenance items are segregated by oil change intervals just as they were with a ...
by mmmodem
Sun Sep 30, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Help me manage my day to day bills to save more!!
Replies: 45
Views: 3528

Re: Help me manage my day to day bills to save more!!

We owe $29,000 in college debt. We have $5500 cash in savings right now. We are saving $500 a month for college loans and plan to put tax return, extra pays, and part of roth IRA at them soon. We have no car payments at the moment but we will in about 4 years so hoping to get the loans paid off in ...
by mmmodem
Sun Sep 30, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Help me manage my day to day bills to save more!!
Replies: 45
Views: 3528

Re: Help me manage my day to day bills to save more!!

As you've noticed the pool is why your budget is tight. Get rid of it and your problems are over. I'm just going to assume that you'd rather sacrifice elsewhere to keep the pool. $30 Hulu/Netflix/Google Music - delete Pick one service and change cell phone carrier to Sprint and you get free Hulu. AT...
by mmmodem
Sun Sep 30, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: city water sewer vs well septic
Replies: 36
Views: 2351

Re: city water sewer vs well septic

Unless you are choosing between two nearly identical homes, one with septic, one on muni, does it matter? Chose the house you like best. I don't know which of the two has the higher costs overall, but in our experience living in both types, septic costs are more sporadic compared to the more regula...
by mmmodem
Sun Sep 30, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: When the $2000 deductible bites you in the rear end!
Replies: 30
Views: 4152

Re: When the $2000 deductible bites you in the rear end!

I had a $2000 deductible claim once hitting a box someone dropped in the middle of the road. I didn't look at it as wasting money but rather bad luck. Some of my coworkers were shocked at my high deductible but it wasn't a financial burden. This was my first claim and assuming I saved $100 in yearly...
by mmmodem
Sun Sep 30, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 3730

Re: First-time victim of credit card fraud

I had credit card fraud on a card I never even activated, let alone used! :confused The card had expired. They sent me a new one but I never bothered to activate it as I wasn't using it. I was told never to closed credit card accounts as it would hurt your credit score. I was pretty surprised to re...
by mmmodem
Sun Sep 30, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Auto Deductibles
Replies: 19
Views: 1465

Re: Auto Deductibles

We went to $1,000 deductible in the mid 1980's. For collision coverage, having the higher deductible saves in TWO ways: 1. Lower premiums right away 2. Reduced claims for amounts under the deductible (suggest at least $1,000) means that your premiums will not go up for things that cost up to the de...
by mmmodem
Fri Sep 28, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6751

Re: New Relationship - Best way to handle finances?

DW and I are very old fashioned. She made more than me while we were dating yet we both expected me to pay for everything. I paid for all meals. I even paid for a cruise vacation for us. Right or wrong, that's how I was brought up. I'm fine with her paying for everything as well. But if my date want...
by mmmodem
Fri Sep 28, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Credit card charge- fraud or mistake?
Replies: 24
Views: 2365

Re: Credit card charge- fraud or mistake?

The only way to accidently use your credit card without the physical card is to manually type in the numbers. The probability of typing in your credit card number by accident with the corresponding expiration date and security code is astronomical. Not impossible but highly unlikely. I've heard of a...
by mmmodem
Fri Sep 28, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: How to charge much higher than Credit Card Limit
Replies: 39
Views: 3466

Re: How to charge much higher than Credit Card Limit

I like your plan. I'm not really understanding the replies you're getting that it won't work. I've often prepaid my credit card so I can utilize a higher limit. I've never done it 20 times over 3 months, though. If the miles value work out in your favor, I'd say do it. If the others here are right,...
by mmmodem
Thu Sep 27, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to charge much higher than Credit Card Limit
Replies: 39
Views: 3466

Re: How to charge much higher than Credit Card Limit

I like your plan. I'm not really understanding the replies you're getting that it won't work. I've often prepaid my credit card so I can utilize a higher limit. I've never done it 20 times over 3 months, though. If the miles value work out in your favor, I'd say do it. If the others here are right, ...
by mmmodem
Thu Sep 27, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 5978

Re: Oil change interval for low-mileage vehicles

For all those who expect to replace cars at ~100k miles, by all means, follow the maintenance schedule. If your goals are atypical, and you expect a car to last longer, it is worth thinking about whether the maintence schedule was designed with your intended goals in mind (no matter how many expert...
by mmmodem
Wed Sep 26, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to best plan for future large expenses?
Replies: 12
Views: 1130

Re: How to best plan for future large expenses?

You're kinda all over the place. You're asking how to save for large expenses. Then you say you want to max out 401k and then you're worried about too much in 401k. It sounds like you need a portfolio review. Suggest you start a new post.

https://www.bogleheads.org/wiki/Asking_ ... _questions
by mmmodem
Wed Sep 26, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 3730

Re: First-time victim of credit card fraud

I had credit card fraud on a card I never even activated, let alone used! :confused The card had expired. They sent me a new one but I never bothered to activate it as I wasn't using it. I was told never to closed credit card accounts as it would hurt your credit score. I was pretty surprised to rec...
by mmmodem
Wed Sep 26, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Water filters and vacuum cleaners.
Replies: 13
Views: 1444

Re: Water filters and vacuum cleaners.

Everything I've read indicates that municipal water is just as clean or cleaner than bottled water. There was also no hard evidence that filtered water is in any way more beneficial. DW disagreed vehemently. We used bottled water with the formula to make milk. It was an easy compromise. No need to i...
by mmmodem
Wed Sep 26, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Best vehicle to administer budget for sil [sister-in-law]
Replies: 43
Views: 3094

Re: Best vehicle to administer budget for sil [sister-in-law]

I'm a little more optimistic than others here having gone through a similar process with my sister. It's incredibly humbling for an independent adult to come to their sibling and give control of their finances to ask for help in their spending. I take it as a sign than this person really wants to ch...
by mmmodem
Tue Sep 25, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Flu shot reaction? Getting flu shot this year?
Replies: 69
Views: 2333

Re: Flu shot reaction? Getting flu shot this year?

I don't take the vaccine because flu is a "real" disease to me. The downside from getting the flu is minor. The downside from vaccine, although rare, is major. I think you have major and minor mixed up. I've gotten the flu before. That took me over a week to get over. And I mean a healthy mid 30 ye...