Search found 342 matches

by BeneIRA
Thu Feb 22, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 66
Views: 5490

Re: Do you rent even if you can afford to buy?

I rent due to the flexibility. I am more than willing to jump to a different job or a different state if I want to and if I buy, then that's it. It doesn't help that I live in a very high cost of living area and buying would make no financial sense. I would rather rent, possibly move down the line a...
by BeneIRA
Wed Feb 21, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: New to FSA and Planning a baby
Replies: 12
Views: 661

Re: New to FSA and Planning a baby

I'm in the industry. It is an IRS regulation that if an employee terminates before the end of the plan year, they do not have to give back the money they spent over what they contributed in their FSA. Does this apply to Dependent Care FSAs as well? Atomic is correct. DCFSA is like a bank account in...
by BeneIRA
Tue Feb 20, 2018 7:14 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5330

Re: Multiple Offer situation/should we pull our offer?

What's the goal? Is it to get the house or do stick it to this seller? If the former, than just don't do anything, you probably aren't getting this house, and you move on. If the latter and you think your offer really is best, you could pull your offer to see what they do. If the seller's agent reac...
by BeneIRA
Tue Feb 20, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: New to FSA and Planning a baby
Replies: 12
Views: 661

Re: New to FSA and Planning a baby

. You can file a claim any time but you can only be reimbursed with money you have contributed. I'm not sure this is true for every plan? I think have access to my full amount on 1/1 even though the deduction is spread over the next 52 weeks of pay. I have definitely used up my entire amount by hal...
by BeneIRA
Fri Feb 16, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Getting healthcare retroactively covered under COBRA?
Replies: 8
Views: 773

Re: Getting healthcare retroactively covered under COBRA?

I am in the industry, so I can tell you how it really works. Your coverage terminates when it terminates, typically end of the month, end of the pay period or end of the last day worked. You are sent a COBRA notice and have 60 days from the date of the notice to enroll in the same coverage you had w...
by BeneIRA
Sun Feb 11, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6451

Re: Does it ever make sense to buy a new car?

MO, it doesn’t make sense to buy 2-3 year old Honda civics and Toyota Corollas. There’s just not enough savings to potentially inherit someone else’s problems. This didn't play out in my case. I know this is the standard advice, but in my case, I was able to get the a 2013-2016 model year Civic ( l...
by BeneIRA
Mon Feb 05, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 48
Views: 3342

Re: Cheap cell phone plans

I googled but I only came up with threads more than a year old. My dh is in the market for a really inexpensive plan. Basically he might use it 1x/year. It is just in case of an emergency. His old phone (really old) with Virgin Mobile no longer works for him as he has reached the maximum limit for ...
by BeneIRA
Fri Feb 02, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2177

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

You quit your job when your time is what is holding the business back. It is only taking 10 hours of your week. I would keep the job because at this point, you can spend another 5 to 10 hours a week doing your side projects and can see if they will work out. You had one hit, but it's not a guarantee...
by BeneIRA
Fri Feb 02, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Disney visit
Replies: 28
Views: 3470

Re: Disney visit

I have been a local with an annual pass and a tourist with no annual pass. I have stayed on and off property. You leave out some crucial details, specifically if you are driving to Disney or flying. If driving, then you may as well park at the parks, but if you are flying into MCO, then Uber/Lyft is...
by BeneIRA
Mon Jan 29, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 16
Views: 1387

Re: New job offer

Financially, go for the new job, but did you check Glassdoor or other sites to see if the new workplace is better or worse? Sounds like you aren't a big fan of where you're at, so that might be your answer.
by BeneIRA
Sat Jan 27, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Universal Studios FL - Express Pass?
Replies: 15
Views: 671

Re: Universal Studios FL - Express Pass?

I had an annual pass to Universal and Islands of Adventure a few years ago. February at the beginning of the month is not busy at all, but Saturdays are above average for attendance. If you show up 20 minutes before rope drop, you will get a couple of rides in, but with only one day, you will have t...
by BeneIRA
Sat Jan 27, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: If you lost your job
Replies: 19
Views: 2578

Re: If you lost your job

From this thread, the gist seems to be an ounce of prevention is worth a pound of cure. I would agree. 1. Dealing with losing your job does not start when you lose your job. It starts when you are employed. Having an emergency fund is so important, but more so, it is having a plan. Layoffs happen al...
by BeneIRA
Sat Jan 27, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Recommendation for daughter
Replies: 5
Views: 491

Re: Credit Card Recommendation for daughter

The Discover It card is a great first credit card. If you use a referral link from someone, then your daughter would get $50 to start and all of her cash back would be doubled her first year. It has rotating 5% categories. I know Discover isn't widely accepted, but in the grand majority of places, i...
by BeneIRA
Fri Jan 26, 2018 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 22
Views: 2562

Re: Can I retire?

I agree that it is close, but I would lean towards working until at least 54, ideally 55, the latter to access the 401k. That will mean a couple more years of health insurance, which I agree is probably your biggest concern at least until age 65, and more money towards retirement. If I am you, since...
by BeneIRA
Thu Jan 25, 2018 10:48 pm
Forum: Personal Consumer Issues
Topic: April in Paris - Your favorites or suggestions?
Replies: 48
Views: 1931

Re: April in Paris - Your favorites or suggestions?

noco-hawkeye wrote:
Thu Jan 25, 2018 10:30 pm
Maybe Versailles for your trip out of the city? All your items sound awesome. Enjoy your trip! :sharebeer
I second Versailles. The city and the palace are fantastic and I highly recommend it.
by BeneIRA
Thu Jan 25, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Promotion - do I negotiate?
Replies: 2
Views: 471

Re: Promotion - do I negotiate?

It depends on whether it is a megacorp and what the company policy is. I've known some places where cap on a promotion was 10% as arbitrary as that is, but that was the rule. Everyone who had been there for a while and moved up was dramatically underpaid. If you are truly a high performer and can ju...
by BeneIRA
Tue Jan 23, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with 1099-INT from Capital One
Replies: 3
Views: 640

Re: Issue with 1099-INT from Capital One

We utilized our EF to get the $400 bonus Capital One was offering earlier this year. The bonus was paid to both of us as promised, but then a system error caused them to pay another bonus (and take it back the same day) later in the year. This was no issue at the time, but now they've released thei...
by BeneIRA
Wed Jan 17, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

It's not just any mobile pay, specifically it's Android Pay. I wouldn't say it's accepted at most places either. Actually, it isn’t specifically Android Pay, but others, including Apple Pay through the end of March 2018: https://creditcards.chase.com/freedommobile You're right. For whatever reason ...
by BeneIRA
Wed Jan 17, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

It's not just any mobile pay, specifically it's Android Pay. I wouldn't say it's accepted at most places either. Actually, it isn’t specifically Android Pay, but others, including Apple Pay through the end of March 2018: https://creditcards.chase.com/freedommobile You're right. For whatever reason ...
by BeneIRA
Wed Jan 17, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1761

Re: London/Paris Trip Questions

Hi there! I have a few questions that I hope you can help me with. I am planning a 10-day trip to London and Paris this June with my family (2 adults & a 6 year old). We will split the time equally between the two locations. I have never been to Europe and literally know nothing about it. I did som...
by BeneIRA
Thu Jan 11, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

This Chase Freedom quarter is ridiculously easy to maximize. Mobile pay is accepted at most places, including supermarkets and quite a few stores and gas is an easy few hundred dollars this quarter. Just go to the supermarket, buy gift cards at the end of the quarter, use mobile pay. Done.
by BeneIRA
Fri Jan 05, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Checking In After Six Years
Replies: 11
Views: 3156

Re: Checking In After Six Years

Obviously, you're killing it. Some things to be cognizant of: 1. Be aware of lifestyle creep. It is the silent killer. The older you get, the easier it is to forget how you were somehow able to live on next to nothing in college. I am speaking from personal experience here. It is a serious effort to...
by BeneIRA
Fri Jan 05, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 8312

Re: Goodbye Capital One 360!!

Admittedly, I have had good experiences with Capital One 360, but I absolutely love Ally. Their customer service is great, I have used their chat features and called them several times over the years and I have been very happy. They are usually slightly below the top in terms of interest, but it is ...
by BeneIRA
Mon Dec 25, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12122

Re: European Cities that don't interest you

Venice was the one city in Europe that I did not enjoy, but I wouldn't discourage anyone from going there. It is very much like Disneyland. Go there for a day, maybe a day and a half, and you will get the gist and in my case, want to move on. When I went it was the shoulder season and so it wasn't s...
by BeneIRA
Fri Dec 22, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

The long international flight can cost 70-80k miles so it would take 1.5 years to earn one free flight. Don't get me wrong - it's better than nothing but I definitely don't feel like a travel hacker. I must be doing it wrong. So for those of you opening new cards with bonuses to the miles. What hap...
by BeneIRA
Wed Dec 20, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

My wife and I have a trip to Australia coming up in a few months. Flying business class both ways and staying in 5 star hotels every night. Paid for all of it with points. 160k AA miles 195k Korean miles 72k Hyatt points 135k Hilton points 1 IHG free night certificate Taxes on the flights were mini...
by BeneIRA
Wed Dec 13, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Purchasing Airline Tickets
Replies: 31
Views: 2685

Re: Purchasing Airline Tickets

www.google.com/flights/explore

I love it way more than Google flights since you see a bunch of date combinations.
by BeneIRA
Tue Dec 12, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2824

Re: Does any indicator not predict a 2000/2007'ish crash?

A crash seems inevitable in 2018. This is what some folks came on posting last year...and the year before...and the year before. It seems to me we could have another GREAT year. Why does it seem different to you? The psychology wasn't this "boomy" in 2016. We had just come off of very low returns i...
by BeneIRA
Tue Dec 12, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 4065

Re: best cashback credit card ?

And to answer the question, OP. If you don't care about sign-up bonus, rotating categories or anything, then the Citi Doublecash is your best bet. Charge everything on it, get, essentially, 2% back on everything, and move on with life.
by BeneIRA
Tue Dec 12, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 4065

Re: best cashback credit card ?

I dropped mine when earlier this year when the fee went to $95 (and announced that gift card purchases would no longer be rewarded). I believe they still waive the fee the first year. I switched to the no fee everyday version of the card as grocery purchases without any purchases of discounted gift...
by BeneIRA
Fri Oct 20, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 37
Views: 3865

Re: Turning 65, and choosing not to take Medicare Part B

I have fairly comprehensive health coverage in retirement; which I plan to keep. And I will not collect social security till 70 years of age. I am turning 65 in 3 months and am considering not signing up for Medicare Part B. Are their others here who have chosen to not sign up for Medicare Part B? ...
by BeneIRA
Wed Oct 18, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: any good credit card sign up bonuses?
Replies: 15
Views: 1417

Re: any good credit card sign up bonuses?

squirm wrote:
Tue Oct 17, 2017 8:09 pm
I'm looking for a card with good sign up perks. Have csp but missed csr...
We need a lot more information. 5/24 status, what you’re trying to accomplish, cards you already have, how much of a minimum spend you can meet, etc.
by BeneIRA
Mon Oct 16, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Another Job Offer Dilemma
Replies: 13
Views: 1809

Re: Another Job Offer Dilemma

To start, you should counter both offers for at least a 5% to 10% base salary increase. Almost never accept the first offer. It has been said that if a first offer is accepted, both people end up leaving dissatisfied. The person making the offer wonders if they overpaid and if they should have offer...
by BeneIRA
Sat Oct 14, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Anybody know if spouse, who hasn't applied for cards but is authorized user on mine, is affected by my 5/24 count? What I did: Secure Message Chase and ask them to remove your Spouse as an authorized user. Chase will SM you back and tell you that your spouse has been taken off. Reply to them and te...
by BeneIRA
Sat Oct 14, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 3278

Re: Boston area Relocation...major decision points

I would explore living in Winchester. It is a beautiful little town just south of Woburn. It is nicer than Woburn, a little closer to Boston, and with a Commuter Rail station that will allow you to take the train into Boston if you wish. Winchester is definitely nice but upscale, as is Lexington wh...
by BeneIRA
Thu Oct 12, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 3278

Re: Boston area Relocation...major decision points

OP, I have lived in the Midwest for some time as well as Boston and have spent some time in Denver. My wife at one time worked in the area you are looking at as well. There will be traffic to Woburn. I would probably live in Lexington, Winchester, Arlington, or something around there for the sake of...
by BeneIRA
Thu Oct 12, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Does closing a credit card after 1 year impact my credit in a significant way? Am I better off keeping these reward cards open? My score is around 820, no debt other than mortgage Accounts stay on your credit report for 10 years. They do little to no harm under the current calculation for FICO. Of ...
by BeneIRA
Tue Oct 10, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Made a career mistake- advice/next steps
Replies: 35
Views: 6052

Re: Made a career mistake- advice/next steps

I got a new job several months ago, but am having second thoughts about the move. During the interview process I was led to believe the role was much more than it has turned out to be. It was presented as a very similar role to my previous job and I was excited to continue on my career growth. I en...
by BeneIRA
Fri Oct 06, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

to those with recent denials: There is a new rule from Bank of America whereby they’ll only approve you for at most two cards per rolling 2 months, three cards per rolling 12 months, and four cards per rolling 24 months. Let’s call this the ‘2/3/4 rule‘. Do you have an article link by chance for th...
by BeneIRA
Thu Oct 05, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: 45% Down Payment vs. High Mortgage (Massachuestts)
Replies: 17
Views: 1812

Re: 45% Down Payment vs. High Mortgage (Massachuestts)

Gross income: $75k/year 401k contribution: $30k/year [43% savings rate] Annual Realized income = $75k - $30k = $35k Location: Northern MA (suburbs). Will also be looking at Southern NH. Savings for house: $90k (Total savings of $100k, but I would like to invest at least $10k into an index fund) Tak...
by BeneIRA
Wed Oct 04, 2017 7:07 am
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 2016

Re: Visiting Paris - should we buy tickets in advance?

Hopefully you have an ATM card with a bank that does not gouge you with foreign transaction fees, such as Ally. Ally charges a fee for using overseas ATMs. https://www.ally.com/help/bank/atms-withdrawals.html I have a Schwab checking account which doesn't charge foreign ATM fees. When I go on an in...
by BeneIRA
Tue Oct 03, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 2016

Re: Visiting Paris - should we buy tickets in advance?

Hopefully you have an ATM card with a bank that does not gouge you with foreign transaction fees, such as Ally. If so, then you can pull out a small sum at an ATM in France. Buying Euros, especially for Paris, makes no sense. I was stunned by all of the places that accepted American Express. In Ital...
by BeneIRA
Tue Oct 03, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Wife and I just applied for the Capital One Spark Cash (business) card. I am something like 24/24 and she is 16/24. Both denied, waiting for the letter explaining why, but it has to be too many inquires. We are 800+ FICO. Anyone else having trouble getting this card? I am nervous that all companies...
by BeneIRA
Tue Oct 03, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Wife and I just applied for the Capital One Spark Cash (business) card. I am something like 24/24 and she is 16/24. Both denied, waiting for the letter explaining why, but it has to be too many inquires. We are 800+ FICO. Anyone else having trouble getting this card? I am nervous that all companies...
by BeneIRA
Tue Sep 19, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

An World Elite MasterCard would provide a complimentary upgrade at National or Avis rental cars. Has anybody used the an World Elite MasterCard for the rental car status upgrade for National or Avis? Does anybody have any experience with status upgrades at National (executive) and Avis (Preferred)?...
by BeneIRA
Tue Sep 19, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: IHG hotel booking - Reward Night unavailable
Replies: 15
Views: 1058

Re: IHG hotel booking - Reward Night unavailable

Over the past year, I have tried to use my IHG points and have hit the dreaded No Reward Nights Available. I've never had availability open up for me. Once it's gone, it's gone. Maybe you'll have better luck. Thank you, that's good to know. In that case, in your experience, have you found the need ...
by BeneIRA
Tue Sep 19, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: IHG hotel booking - Reward Night unavailable
Replies: 15
Views: 1058

Re: IHG hotel booking - Reward Night unavailable

I recently got a Chase IHG credit card. Almost as soon as a received the signup bonus, the Reward Night I had been "banking on" disappeared. :annoyed The hotel told me they only offer a limited number of Reward Nights, once they are booked that's it. The "only" way I can get a Reward Night, for the...
by BeneIRA
Tue Sep 19, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Arrival Plus used to be a great card....not so much anymore. I downgraded mine to the free version to keep my card history up and also not lose the points I had accumulated before. Arrival + was still an excellent card for high churners....it was something I could go back to every 6 months and get ...
by BeneIRA
Mon Sep 18, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2406
Views: 453013

Re: What's Your Credit Card Rewards Strategy?

Interesting news about Barclaycard Arrival +. https://www.doctorofcredit.com/is-barclay-denying-those-with-many-new-accounts-similar-to-524-contribute-data-points-here/ Arrival Plus used to be a great card....not so much anymore. I downgraded mine to the free version to keep my card history up and ...
by BeneIRA
Thu Sep 14, 2017 6:18 am
Forum: Personal Consumer Issues
Topic: Air Berlin fiasco
Replies: 6
Views: 1291

Re: Air Berlin fiasco

Wife and I are supposed to be leaving Boston to Florence on Air Berlin Saturday. The company in in bankruptcy and pilots are calling in sick in large numbers. Our outbound flight has been cancelled the past two days and the return flight looks to be permanently cancelled. That is, the route will no...