Search found 1358 matches

by SimonJester
Sun Feb 11, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Auto loan teaser rates lower than mortgage rates - arbitrage opportunity?
Replies: 13
Views: 904

Re: Auto loan teaser rates lower than mortgage rates - arbitrage opportunity?

I dont get this, I bet you do not come close to a 1.74% rate on such a loan, so what all this work for 0.635% rate reduction on 20K

You have a paid for vehicle. Why not take what would be the loan payment and just pay that towards the mortgage?
by SimonJester
Fri Feb 09, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Well It's now 40% off thru the weekend it looks like. I'm going to go ahead and subscribe for a year I think, having my wife start a budget has already saved me more than a year's subscription cost. I would go to Moneydance, but I don't think it will automatically pull from my Credit Union. Are you...
by SimonJester
Thu Feb 08, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 26
Views: 2059

Re: How to pay college tuition froma 529?

I usually pay tuition with a 2% cash-back credit card. My kids college charges a 2.75% fee for all credit and debit card transactions! I wrote a check for the fall housing deposit and its been 3 weeks they still havent cashed it :( I can tell these guys are going to be a pain to deal with...
by SimonJester
Thu Feb 08, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Do I have to pay taxes on a bank checking account bonus?
Replies: 16
Views: 1598

Re: Do I have to pay taxes on a bank checking account bonus?

I wouldn't be surprised if you still got a 1099 from them in the next week or so. Was it a small bank? No, it's a major national chain. I guess I'll wait a couple of weeks just in case. What national bank, if it is the one I am thinking about then it is TAXABLE and I received a 1099 for mine.
by SimonJester
Wed Feb 07, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Sorry if this is a naive question ( I am new to Quicken), but does inability to download from brokerages once Quicken sub expires also preclude you from downloading QFX files, or some other format files from the brokerages and importing into Quicken by loading the file ? So is only manual keying in...
by SimonJester
Mon Feb 05, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Is this a living version of quicken, meaning when 2019 is released, it becomes 2019? (since it's a 5-yr subscription) Yes, its a subscription model now so you will get the newest version as long as your subscription is active. Many of us are waiting to see what Quickens response is going to be befo...
by SimonJester
Sun Feb 04, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 17
Views: 2121

Re: [Flawed?] Paying off mortgage in 5 years

Its all smoke and mirrors, just budget extra payments to principal on your mortgage and forget the HELOC. The HELOC likely comes with fees and perhaps a variable APR. the HELOC is completely unnecessary...
by SimonJester
Sun Feb 04, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

I bet come Monday they either cancel all of these orders, or shorten the subscription significantly...
by SimonJester
Sun Feb 04, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Did anyone get any sort of invoice / receipt showing the $0. I have printed off the web site showing the $0 to PDF in case they end up charging us all... I only received an email notifying me of my subscription... My email says i got item "QUICKEN PREMIER 2018 DIRECT DOWNLOAD 5YR FREE" FOR 0.00, gr...
by SimonJester
Sun Feb 04, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 157
Views: 8825

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Did anyone get any sort of invoice / receipt showing the $0. I have printed off the web site showing the $0 to PDF in case they end up charging us all...
I only received an email notifying me of my subscription...
by SimonJester
Sat Feb 03, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Bank signup bonus 1099
Replies: 36
Views: 2464

Re: Bank signup bonus 1099

Ive said this in another post, back in the mid 90's a co worker of mine was audited by the IRS for another reason and they discovered he did not include the $3.00 of interest from his bank account. It did not change the tax due for that year, however it gave the auditor an excuse to then go back thr...
by SimonJester
Sat Feb 03, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2143

Re: When is it ok to quit your job and run your business full time?

Another possibility carefully approach your day job and see if you could cut back your hours, perhaps go part time and still keep your benefits? More and more companies are not providing benefits to part time workers so they may not go for it but might be worth finding out...
by SimonJester
Fri Feb 02, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Should I stop contributing to 401(k) to pay off debt
Replies: 44
Views: 2428

Re: Should I stop contributing to 401(k) to pay off debt

You could be completely out of debt including the student loans in under 2 years if you snowballed this following the DR approach. You need to decide is this idea worth it. Pause the 401K, pay off the furniture and your parents today. This frees up $114 plus what you have been paying parents $500 - ...
by SimonJester
Thu Feb 01, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 357
Views: 40426

Re: Netflix, Your Current Favorite Show

Dark is amazing. Ideally, switch to German w/English subtitles to watch. Also, try to get through an episode and a half before deciding to drop it - the first episode doesn't even really reveal the nature of the series, though it does open some interesting questions. I totally agree this series was...
by SimonJester
Tue Jan 30, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Warning: 2017 HR Block program miscalculates federal tax (windows)
Replies: 16
Views: 1736

Re: Warning: 2017 HR Block program miscalculates federal tax (windows)

Mine calculated correctly. I would go through each program and see what is different, perhaps print out the 1040 from each one and go line by line...
by SimonJester
Sat Jan 27, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: I got $3 federal refund from my 2017 tax return.
Replies: 10
Views: 1724

Re: I got $3 federal refund from my 2017 tax return.

Congratulations you WON! Ideally you should get to $0 or even owe a little bit each year. And yes if your job situation is stable, and you have no real deductions beyond the standard the IRS withholding tables should be pretty close. Think of it this way, its like going to the grocery store and bein...
by SimonJester
Sat Jan 27, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Quit jobs to gain lower EFC [Expected Family Contribution]
Replies: 110
Views: 8607

Re: Quit jobs to gain lower EFC [Expected Family Contribution]

We are finding that many of the collage scholarships are asking for unweighted GPA, This has annoyed my son as it discounts the extra effort put in for Honors and AP courses. He is now thinking what was the point of taking those harder classes...
by SimonJester
Thu Jan 25, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Bank signup bonus 1099
Replies: 36
Views: 2464

Re: Bank signup bonus 1099

Same issue with small amount of interest earned on bank account. General for anything under $10 most banks will not issue a 1099 but you still need to report it. I know someone who was not reporting the small amount of checking interest and he got audited by the IRS for another issue and they latche...
by SimonJester
Tue Jan 23, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: Retirement causes brain function to rapidly decline, warn scientists
Replies: 13
Views: 2101

Re: Retirement causes brain function to rapidly decline, warn scientists

fundtalker123 wrote:
Mon Jan 22, 2018 11:54 pm
I'm a professor of biochemistry. I have so much administrative BS to deal with, I wish I could retire so I had time to think about biochemistry.
Hmm my oldest son is thinking about majoring in Biochemistry this fall....
by SimonJester
Mon Jan 22, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 67600

Re: Quicken's future direction - a cause for concern

The thing is the next generation of adults use the Microsoft products (when they have to) but I do not see any interest in financial desktop applications. They would much rather use an online service like mint etc... I do not see a growing future for quicken and tripling the price on its current use...
by SimonJester
Sat Jan 20, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Replace floor BEFORE or AFTER New Cabinets?
Replies: 32
Views: 4401

Re: Replace floor BEFORE or AFTER New Cabinets?

The dishwasher height shouldn't be an issue as the units have leveling screws on the legs/bases. I will concede that the job would be harder to replace the unit further down the road. This actually is a problem even with the leveling screws, it has a lot to do with having a 3/4" lip to pull the old...
by SimonJester
Tue Jan 16, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: How long do you save tax returns?
Replies: 39
Views: 3274

Re: How long do you save tax returns?

When in doubt, throw it Out! We keep a couple years only. +1 Having had to go through a deceased relative's 40 years of paper work and determine what needed to be shredded and what needed to be kept, do your heirs a favor and clean up. It took WEEKS to shred everything and we still had three banker...
by SimonJester
Fri Jan 12, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: International return of purchase
Replies: 1
Views: 175

Re: International return of purchase

My vote would be one of these two, probably the last one... - accept delivery and ship it back on my dime? This will cost me at probably $100 in shipping costs including the vendor's cost of shipping to me that they will probably not refund. However, I'll be done with this vendor - accept delivery a...
by SimonJester
Wed Jan 10, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: 529 high school withdrawal
Replies: 6
Views: 622

Re: 529 high school withdrawal

Hmmm How about withdrawling the amount I pay towards the school district in my property tax, I mean that is paying for my kids "tuition" right? :D
by SimonJester
Wed Jan 10, 2018 10:03 am
Forum: Personal Consumer Issues
Topic: Lease a Silverado 4x4 extended cab for $152 month?
Replies: 23
Views: 2533

Re: Lease a Silverado 4x4 extended cab for $152 month?

What are you going to use the truck for?
I have a Silverado 4x4 Extended cab with the 5.3 V8 engine, I would not go with a V6.
by SimonJester
Sun Dec 31, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: Ever drink Chartreuse?
Replies: 16
Views: 1565

Re: Ever drink Chartreuse?

Yes we have had it and still have a small bottle with a bit left. My wife has used it in place of absinthe in sazeracs. Unique flavor for sure!
by SimonJester
Sat Dec 30, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 26
Views: 2059

Re: How to pay college tuition froma 529?

The options available to you would I think depend on the specific 529 plan you choose. For the Missouri MOST 529 plan (administered by Vanguard), the distribution choices are: - Direct ACH electronic funds transfer to the bank of the account owner (in most cases the account owner would be a parent)...
by SimonJester
Fri Dec 29, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: Use of 2FA Held My Accounts Hostage
Replies: 28
Views: 2624

Re: Use of 2FA Held My Accounts Hostage

I never have an issue discovering optimal security procedures for accounts. I have posted my overdone security procedures before and won't be doing it again. Its not possible to socially engineer my accounts due to the systems I've put in place. I would expect a certain someone would be coming back...
by SimonJester
Fri Dec 29, 2017 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Stopped Check 2018 Property Tax - Etiquette to County?
Replies: 38
Views: 3350

Re: Stopped Check 2018 Property Tax - Etiquette to County?

I would get ahold of your county tax assessors office and tell them you wish to cancel the transaction and the check has a stop payment on it. Otherwise it may be returned to the county by their bank and they may charge you a fee.
by SimonJester
Fri Dec 29, 2017 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Coverdell (at TDA) transfer to 529 (after new tax law in effect)
Replies: 9
Views: 653

Re: Coverdell (at TDA) transfer to 529 (after new tax law in effect)

Here is where it can be tricky. On the Vanguard form: The 529 plan or ESA from which you’re moving assets must have the same account owner name and Social Security number or other taxpayer ID number as your Vanguard 529 Plan account. So if the ESA was opened under a minors SSN and the 529 is under y...
by SimonJester
Thu Dec 28, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: Frozen credit and TMobile
Replies: 5
Views: 443

Re: Frozen credit and TMobile

Transunion for me as well. One you try to sign up for the account they will attempt to run the credit check in the store. It will fail because of the freeze and the store rep will be given a number to call to speak to the back end T-mobile department that deals with credit checks. Those folks will b...
by SimonJester
Wed Dec 27, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: Use of 2FA Held My Accounts Hostage
Replies: 28
Views: 2624

Re: Use of 2FA Held My Accounts Hostage

Right now there is an ongoing hack against one of the major national banks and a cell phone company. Thieves are able to port your cell number from your current cell provider to their cell provider / SIM card. They now have your cell number and request a password reset / 2FA code which your bank sen...
by SimonJester
Tue Dec 26, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51024

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

What I haven't seen discussed is what this does at the State Tax level for income tax. My state does a flat tax based on your federal taxable income. With the elimination of the personal exemptions your taxable income goes up (if you have any dependents or are married). This was offset at the federa...
by SimonJester
Tue Dec 19, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 4430

Re: opinions requested on student college decision / financial related

Her starting pay will be the same no matter which school she goes to. Save the money and have her continue onto a masters and or the NP or PA route. There is NO nursing shortage, the field is VERY saturated and highly competitive right now. It is back breaking (literally) work with little appreciati...
by SimonJester
Fri Dec 15, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 33
Views: 2285

Re: What are your favorite tax deductions and credits for 2017?

Child credits - yes, raising children costs citizens of your nation money and you should not penalize them if you hope they eventually will be contributing to your country. I love the fact this ends at age 16. Because my 17 and 18 year old cost less then a 6 year old, Not! They should extend this t...
by SimonJester
Thu Dec 14, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Is Room and Board Deposit a 529 Qualified Expense?
Replies: 6
Views: 768

Re: Is Room and Board Deposit a 529 Qualified Expense?

I called Vanguard for #3 the answer is no they do not have the option to send a check to the school with an ESA. You can do this with a 529 plan however...
by SimonJester
Thu Dec 14, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Is Room and Board Deposit a 529 Qualified Expense?
Replies: 6
Views: 768

Is Room and Board Deposit a 529 Qualified Expense?

For those that have gone through this process, My oldest will be going off to college in the fall of 2018. Housing applications are now open, one question I have is a room and board deposit considered a qualified expense for 529? They require a $600 deposit, of which "$200.00 will be held as a secur...
by SimonJester
Mon Dec 11, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Sprint one year free - what an ordeal!
Replies: 12
Views: 1683

Re: Sprint one year free - what an ordeal!

A Hard pull on for a new creditor relationship is not uncommon at all. I had to do the same when moving T-Mobile from prepaid to post paid...
by SimonJester
Sun Dec 10, 2017 9:10 am
Forum: Personal Consumer Issues
Topic: Can I install and run two different hrblock tax programs on same computer?
Replies: 2
Views: 328

Re: Can I install and run two different hrblock tax programs on same computer?

You could run the 2nd copy in a Vmware version of windows if you have the OS to install it...
Otherwise try installing the 2nd copy to another folder and you might get away with requesting a 2nd state copy.
by SimonJester
Sat Dec 02, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: Best small Drone
Replies: 11
Views: 775

Re: Best small Drone

I suggest starting with a small inexpensive hobby / toy quad copter without any sort of GPS and learn how to fly it properly. Then move up to something more capable if you are still interested int he hobby. You need to research the areas with you will fly your quad copter, as it can be difficult to ...
by SimonJester
Wed Nov 29, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 131
Views: 12063

Re: H&R Block Software

Here is a strange issue, right now the draft tax table is not the same as the published 2017 tax brackets and thus my tax is off my $5 For example Income of 18,650 for MFJ, should be 10% right 1,865, Tax table is showing this for 1,863. For 75,900 tax should be $10,453 (10% of 18,650 plus 15% of 57,...
by SimonJester
Mon Nov 27, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Dental bill four years after service
Replies: 33
Views: 4336

Re: Dental bill four years after service

Do you have the insurance information (policy number and contact number) from the old insurance? If so call them up and see what they suggest, however if the DDS never billed the insurance company until now they probably will not accept the claim. I would not pay this until it had been run through t...
by SimonJester
Mon Nov 27, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: The annoying insistence on frivolous credit checks/pulls
Replies: 35
Views: 3437

Re: The annoying insistence on frivolous credit checks/pulls

Personal check was the problem. They had no way of knowing if the check was any good. You could have paid with a cashier's check so that no credit check would have been performed. I have purchased three vehicles with a personal check, they never batted an eye, took the check no questions asked. I s...
by SimonJester
Sun Nov 26, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: The annoying insistence on frivolous credit checks/pulls
Replies: 35
Views: 3437

Re: The annoying insistence on frivolous credit checks/pulls

I bought car with cash (well, technically whatever amount they were willing to put on a credit card, and a personal check for the rest) a few years ago and the dealership still insisted on doing a hard pull on my credit. I would have walked out the door over that. I have bought two vehicles now via...
by SimonJester
Sat Nov 25, 2017 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]
Replies: 15
Views: 1658

Re: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]

If you are going to pay down the mortgage with your extra I would wait a until a few payments have been made on the loan to ensure the current lender is not going to sell the mortgage right away and you end up with a new servicer. You also need to make sure the extra payment is applied to principal ...
by SimonJester
Thu Nov 23, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 39189

Re: Did you tell anyone you paid off your mortgage?

Back in the day, your original mortgage note was returned to you, and that's what was burned. No note, no mortgage debt. These days, the original note is long-gone as loans are electronically bundled and sold to different banks or as mortgage-backed securities. What you got these days when the mort...
by SimonJester
Wed Nov 15, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Software
Replies: 131
Views: 12063

Re: H&R Block Software

Pet peeve of this software. sure, can always 'print' and mail but a PITA when one just want's to be 'done' with it and ensure it doesn't get lost in the mail etc. I use H&R Block to prepare my state return, then go to my state's revenue site and file online for free. It takes maybe 5-10 minutes to ...
by SimonJester
Tue Nov 14, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 4034

Re: Borrowing from parents - what interest rate?

Will your parents be able to report the loan to the credit agencies? If not you are loosing out on that benefit. Will they be able to generate you a 1098 each your so you can deduct the "mortgage" interest?
by SimonJester
Thu Nov 09, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 67600

Re: Quicken's future direction - a cause for concern

Another letter to customers from Eric Dunn, CEO of Quicken: Letter to the Quicken Community about the Membership Plan (November 2017) Since the launch of the 2018 releases of Quicken, we have heard questions from many of you about the new Membership Plan, where customers subscribe to Quicken on an ...
by SimonJester
Thu Nov 09, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 5550

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

Keep in mind that you want to insure the cost of rebuilding the structure, not the value in the real estate market. In some areas, construction costs are very high. Also, if you are not at least 80% insured, insurance will pro-rate smaller claims and will not pay in full. Not to mention there is de...