Search found 906 matches

by mlipps
Mon Oct 22, 2012 3:49 pm
Forum: Personal Investments
Topic: How does a plan for early retirement affect where you invest
Replies: 31
Views: 3816

Re: How does a plan for early retirement affect where you in

I actually pulled those number from Firecalc based on 100% success rate and changing the portfolio in 50k increments, so they're very rough. The idea remains the same though. I can probably accumulate enough money by age 45 or 50 to retire with a frugal lifestyle, but how can I allocate it so that's...
by mlipps
Mon Oct 22, 2012 1:26 pm
Forum: Personal Investments
Topic: How does a plan for early retirement affect where you invest
Replies: 31
Views: 3816

Re: How does a plan for early retirement affect where you in

I assume you don't plan to ever have kids. Because if you do you can toss those early retirement plans right out the window unless your income level is extraordinarily higher than normal and you can put aside massive amounts in taxable accounts. You should read Mr. Money Mustache. He's around 35, r...
by mlipps
Mon Oct 22, 2012 1:25 pm
Forum: Personal Investments
Topic: How does a plan for early retirement affect where you invest
Replies: 31
Views: 3816

Re: How does a plan for early retirement affect where you in

After employer matches, we are contributing about 11% to 401k/403b pretax (maxing out employer match). Additionally, we are saving/paying off debt with about 1/3 of our gross (1/2 of our net) income. So yes, I definitely think we can do this, especially if we resist the urge to inflate our lifestyle...
by mlipps
Mon Oct 22, 2012 1:08 pm
Forum: Personal Investments
Topic: How does a plan for early retirement affect where you invest
Replies: 31
Views: 3816

Re: How does a plan for early retirement affect where you in

I assume you don't plan to ever have kids. Because if you do you can toss those early retirement plans right out the window unless your income level is extraordinarily higher than normal and you can put aside massive amounts in taxable accounts. You should read Mr. Money Mustache. He's around 35, r...
by mlipps
Mon Oct 22, 2012 11:58 am
Forum: Personal Investments
Topic: How does a plan for early retirement affect where you invest
Replies: 31
Views: 3816

How does a plan for early retirement affect where you invest

Recently, I've been reading lots of Mr. Money Mustache and dreaming of early retirement. Because fiancee & I are so young (24 & 23), this is well within our grasp if we plan well. My arbitrary goal is to retire (or at least have the ability to do so) sometime in our 40's. After my student loans are ...
by mlipps
Thu Oct 18, 2012 12:38 pm
Forum: Personal Consumer Issues
Topic: Home Office Furniture
Replies: 14
Views: 2634

Re: Home Office Furniture

Love Ikea, but you could also improvise a desk pretty cheaply/easily. Craigslist is great for these sorts of "optional" furniture though as often people move from one place to another & no longer have space. I also recommend World Market for low prices but something a little more unique than Ikea, I...
by mlipps
Wed Oct 17, 2012 10:57 am
Forum: Personal Consumer Issues
Topic: Portable Internet Access - Full-Time
Replies: 20
Views: 2148

Re: Portable Internet Access - Full-Time

Ture, but it's FREE! I'm going to try it out and see how it goes...we're moving soon. Back to the city where I went to college but boyfriend has never lived. There have been ruminations about him borrowing my iPhone. This could be my saving grace in combination w/his tablet. Free with your $100 sec...
by mlipps
Tue Oct 16, 2012 10:56 pm
Forum: Personal Consumer Issues
Topic: Portable Internet Access - Full-Time
Replies: 20
Views: 2148

Re: Portable Internet Access - Full-Time

If those places are in/near a major city, check this new service, http://www.freedompop.com/ , FreedomPop Wireless. They use the Clear network. Clear is 4G WiMAX, not LTE. (You can compare the FreedomPop coverage map with the Clear coverage map) The initial service runs on Clearwire's WiMAX network...
by mlipps
Tue Oct 16, 2012 10:54 pm
Forum: Personal Investments
Topic: Saver's Credit/Backdoor Roth
Replies: 2
Views: 524

Re: Saver's Credit/Backdoor Roth

Thanks for your input. This year, because I was under employed/temping for the first 5 months, I will make something between 26k and 29k. Next year, I should earn my full salary of 35k. Therefore, I don't expect any out of the ordinary ramifications from the Roth conversion in 2013. Just wanted to m...
by mlipps
Tue Oct 16, 2012 4:40 pm
Forum: Personal Investments
Topic: Saver's Credit/Backdoor Roth
Replies: 2
Views: 524

Saver's Credit/Backdoor Roth

I just added up my income from all sources so far this year, and based on my projections, I will be within $1k-2k of being eligible for the saver's credit this year on my taxes. I was already planning on moving some e-fund into a Roth, so this was a nice realization. For those of you not familiar, a...
by mlipps
Tue Oct 16, 2012 4:34 pm
Forum: Personal Consumer Issues
Topic: Portable Internet Access - Full-Time
Replies: 20
Views: 2148

Re: Portable Internet Access - Full-Time

If those places are in/near a major city, check this new service, http://www.freedompop.com/, FreedomPop Wireless.
by mlipps
Wed Oct 10, 2012 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC/College Financing Question
Replies: 25
Views: 2338

Re: HELOC/College Financing Question

you don't have to extend the term, just keep making your current payments. You'd have to do the math and see if you'd come out ahead, but it's worth checking at least.
by mlipps
Wed Oct 10, 2012 9:58 am
Forum: Personal Finance (Not Investing)
Topic: HELOC/College Financing Question
Replies: 25
Views: 2338

Re: HELOC/College Financing Question

Agree that you should consider a less expensive school. My parents did this for me, and we each own about $30k. It has put a real strain on their finances. Since my debt is at higher interest rates (because they took out a HELOC), I'm paying it off first, then will help my parents as much as possibl...
by mlipps
Tue Oct 09, 2012 1:51 pm
Forum: Personal Consumer Issues
Topic: Looking for a Good Historical Fiction Series
Replies: 48
Views: 6855

Re: Looking for a Good Historical Fiction Series

Currently working on the 2nd in the "Century Trilogy" by Ken Follett, which follows 4 or 5 families thru the 20th century. Lots of diplomacy/international relations and great historical detail. Also really enjoyed his two books set in Medieval Europe, Fall of the Giants and World Without End.
by mlipps
Wed Oct 03, 2012 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Pay bills when they are due or ASAP?
Replies: 39
Views: 4212

Re: Pay bills when they are due or ASAP?

Like my Target card, I use it to get the 5% off at the register, then walk to customer service and pay the card off before I leave the store. I'm not the most organized person, this way nothing falls thru the cracks.savantrice Target also has a Debit Card that takes directly from your checking acco...
by mlipps
Wed Oct 03, 2012 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Rule of Thumb...Credit Card Limit
Replies: 52
Views: 6669

Re: Rule of Thumb...Credit Card Limit

So where can I get a high limit card with a low int rate? I don't want bonuses, miles or any of that stuff, just a high limit low int rate card. If I go to the visa website and enter everything in I'm afraid they will just mail me another low limit card. Then I will have to keep it for a while then...
by mlipps
Wed Oct 03, 2012 8:23 am
Forum: Personal Consumer Issues
Topic: Used pickup truck advice
Replies: 17
Views: 1842

Re: Used pickup truck advice

If your primary goal is to avoid getting stuck in the snow and secondarily are interested in hauling some stuff around from time to time, perhaps a pickup is not the best solution, especially if this is to be your only vehicle. Any 4X4 (SUV or pickup) is going to be ill-suited for highway use (nois...
by mlipps
Wed Oct 03, 2012 8:23 am
Forum: Personal Consumer Issues
Topic: Used pickup truck advice
Replies: 17
Views: 1842

Re: Used pickup truck advice

http://www.mrmoneymustache.com/2012/03/19/top-10-cars-for-smart-people/ I think if you want a used car, you should look at this post on Mr. Money Mustache and reconsider getting a pickup or SUV altogether. Sorry to complicate things, but I just don't think either are necessary, even in serious snow...
by mlipps
Wed Oct 03, 2012 8:08 am
Forum: Personal Finance (Not Investing)
Topic: US bank Promo offer
Replies: 5
Views: 825

Re: US bank Promo offer

I don't think it's worth the hassle to change it permanently, but I do think it's worth the hassle to change it to make $200, then close the account.
by mlipps
Tue Oct 02, 2012 6:52 pm
Forum: Investing - Theory, News & General
Topic: ESPN 30 for 30: Broke
Replies: 16
Views: 1773

Re: ESPN 30 for 30: Broke

Just out of college, but so are most NFL players.
by mlipps
Tue Oct 02, 2012 6:10 pm
Forum: Investing - Theory, News & General
Topic: ESPN 30 for 30: Broke
Replies: 16
Views: 1773

Re: ESPN 30 for 30: Broke

Nathaniel Hawthorne took part in a Utopian community experiment, Brook Farm, that was sort of run by Cambridge intellectuals, and was all about the dignity of agricultural labor and such--everyone was supposed to do serious agricultural work to make money to support the place--and discovered that a...
by mlipps
Tue Oct 02, 2012 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: The 4-year mortgage payoff plan
Replies: 121
Views: 23424

Re: The 4-year mortgage payoff plan

October Update: We were able to stay on track this month and came out $50 below our $1,000 non-bill budget. We paid an additional $3,861.60 of principle this month which knocked ~7 months of payments off. Remaining principle balance is now $144,567. The aesthetically pleasing ascii progress chart, ...
by mlipps
Tue Oct 02, 2012 12:23 pm
Forum: Personal Investments
Topic: Illinois' prepaid tuition plan reopens, should we do it?
Replies: 19
Views: 1714

Re: Illinois' prepaid tuition plan reopens, should we do it?

Not all of them are like this. The Maryland one is, IIRC, backed by the MD government. More importantly, the state of Illinois is broke. That alone would give me pause. I'm well aware of my state's poor fiscal condition. Everyday when I read about the six figure pensions, double dippers, etc. my bl...
by mlipps
Tue Oct 02, 2012 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of Thumb...Credit Card Limit
Replies: 52
Views: 6669

Re: Rule of Thumb...Credit Card Limit

My limit is pretty close to equal to my annual income. I have a few cards right now. One I'm holding onto from college for the long history, 3 I'm using regularly for different kinds of rewards, and 2 I got for the signup bonuses. I don't think your limit makes much difference as long as you're not ...
by mlipps
Tue Oct 02, 2012 10:51 am
Forum: Personal Investments
Topic: Illinois' prepaid tuition plan reopens, should we do it?
Replies: 19
Views: 1714

Re: Illinois' prepaid tuition plan reopens, should we do it?

Can't the same be said about most if not all prepaid plans? Without looking at every prepaid plan out there I have to think Illinois' is not the only one depending on new investors to fund the plan. Not all of them are like this. The Maryland one is, IIRC, backed by the MD government. More importan...
by mlipps
Mon Oct 01, 2012 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Going to Sydney
Replies: 29
Views: 2479

Re: Going to Sydney

My favorite thing I did in Australia was a cliff top walk from Bondi Beach to Bronte. Free (of course) and beyond gorgeous. I took a city bus there and back from the CBD. Highly recommend taking an hour or two to do so.
by mlipps
Mon Oct 01, 2012 6:44 am
Forum: Personal Consumer Issues
Topic: "People to People" Student Ambassador Program?
Replies: 9
Views: 1074

Re: "People to People" Student Ambassador Program?

If you can afford it, fine, but if a real study abroad experience in college might come at the expense of this, I would reconsider.
by mlipps
Fri Sep 28, 2012 6:49 pm
Forum: Personal Consumer Issues
Topic: OKOBAN and similar systems for returning lost items
Replies: 3
Views: 706

Re: OKOBAN and similar systems for returning lost items

I think these are pretty unrealistic. While lots of people might be good enough to turn something into lost & found (minimal effort) very few are going to find something like this and carry thru with reporting it. Much easier just to not lose your stuff.
by mlipps
Thu Sep 27, 2012 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Cell phones breaking budgets!
Replies: 106
Views: 12359

Re: Cell phones breaking budgets!

Internet $55/month, but about to go up when we upgrade to a business class line for fiancee's "project". (It's a project until he has paying customers...). Just added cable TV for $25, but only until college football ends. I pay $73/month after my discount for my Sprint plan, unlimited to any mobile...
by mlipps
Thu Sep 27, 2012 3:21 pm
Forum: Personal Consumer Issues
Topic: How to reduce cable bill
Replies: 23
Views: 2258

Re: How to reduce cable bill

I recently called TW with the full intention of just cutting the TV completely (we have a HD set-top box with expanded HD (no recorder)). I wanted to just keep the cable for Internet service. So I said take the Box out and cut the TV service (we have Roku boxes for mostly Netflix over wi-fi for ent...
by mlipps
Thu Sep 27, 2012 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Upset with Chase over checking account
Replies: 58
Views: 5891

Re: Upset with Chase over checking account

PNC still offers free accounts. Worth it to try to get the Performance account though, requirements are low and it allows you free ATM transactions anywhere. Edited to add: Their website is a mess this week as they're doing updates and had hacking attempts last night. It's usually fine. PNC is horr...
by mlipps
Thu Sep 27, 2012 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Upset with Chase over checking account
Replies: 58
Views: 5891

Re: Upset with Chase over checking account

Here is a trick for you: If you have an ING account do a transfer of $500 each month and transfer the money back to ING the next day. The ACH push counts as direct deposit. Also, if you are really upset about chase, you can open various bank accounts/credit cards to get the opening bonus off them. ...
by mlipps
Thu Sep 27, 2012 12:35 pm
Forum: Personal Consumer Issues
Topic: How to reduce cable bill
Replies: 23
Views: 2258

Re: How to reduce cable bill

I don't know how tech-savvy you are, but we recently decided to get cable for football season. We live in MD and love the OSU Buckeyes; games are often only on BigTen or ESPN here. Rather than pay $12/month for the HD receiver, we bought this: http://www.amazon.com/gp/product/B005FPT38A/ref=oh_detai...
by mlipps
Thu Sep 27, 2012 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Upset with Chase over checking account
Replies: 58
Views: 5891

Re: Upset with Chase over checking account

PNC still offers free accounts. Worth it to try to get the Performance account though, requirements are low and it allows you free ATM transactions anywhere.

Edited to add: Their website is a mess this week as they're doing updates and had hacking attempts last night. It's usually fine.
by mlipps
Thu Sep 27, 2012 10:45 am
Forum: Personal Investments
Topic: Getting started with my financial future
Replies: 5
Views: 698

Re: mlipps -- Bogleheads at their best!

Taylor Larimore wrote:mlipps

Your post reflects Bogleheads at their best.

Thank you and best wishes.
Taylor
Taylor,

What a high compliment. You've made my day.

Sincerest thanks,

Megan
by mlipps
Thu Sep 27, 2012 9:37 am
Forum: Personal Investments
Topic: Getting started with my financial future
Replies: 5
Views: 698

Re: Getting started with my financial future

I too live in MoCo, MD, and agree with Johm. Especially w/the crazy housing prices here and your income, you are in no position to buy a home until you pay off your student loans. Your emergency fund is also very low. I would "mentally" move your house downpayment to your e-fund to make it a little ...
by mlipps
Thu Sep 27, 2012 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Upset with Chase over checking account
Replies: 58
Views: 5891

Re: Upset with Chase over checking account

Go to your branch, they'll almost certainly waive it for you. I had this happen on an account I was no longer using and got charged two overdrafts for it on top of everything. I went in and they waived all the fees before they closed the account. Of course, I still had my credit card w/them, so that...
by mlipps
Wed Sep 26, 2012 2:35 pm
Forum: Personal Consumer Issues
Topic: External software/website for tracking cash flow
Replies: 12
Views: 612

Re: External software/website for tracking cash flow

https://www.simple.com/ does it too, although it's by invite only right now.
by mlipps
Wed Sep 26, 2012 2:34 pm
Forum: Personal Consumer Issues
Topic: External software/website for tracking cash flow
Replies: 12
Views: 612

Re: External software/website for tracking cash flow

Even with the old system it seems like a lot of work and worry just to be able to move a couple thousand dollars from your checking account to somewhere else where it is earning... what? Why not keep the cushion and sleep easy? With the old system it was practically no work at all -- maybe I'm not ...
by mlipps
Wed Sep 26, 2012 2:30 pm
Forum: Personal Consumer Issues
Topic: External software/website for tracking cash flow
Replies: 12
Views: 612

Re: External software/website for tracking cash flow

PNC Virtual Wallet does this. I would like to point out that I'm not just a schill for PNC, just a happy customer, as I just recommended them on another thread! At any rate, it's not exactly what you describe, but it shows all scheduled transactions on a calendar. Bill pay from PNC to a vendor gets ...
by mlipps
Wed Sep 26, 2012 1:59 pm
Forum: Investing - Theory, News & General
Topic: "3 Good Money Habits Going Obsolete--"
Replies: 28
Views: 4841

Re: "3 Good Money Habits Going Obsolete . ."

Interesting article. I must admit I have all of the "old" habits, but, I can see that the potential additional interest earned is currently very small. An ongoing gripe I have with paying bills using my bank's online service is that I have to manually calculate what the bank balance will be in 15 d...
by mlipps
Tue Sep 25, 2012 9:44 am
Forum: Personal Finance (Not Investing)
Topic: What's the best way to get a job?
Replies: 28
Views: 2507

Re: What's the best way to get a job?

"TEMP" is a very general term and they aren't necessarily low end jobs that nobody wants. My company employs many "TEMPS" that make $100/hr. I don't think anyone would consider that low end. We don't call those Temps, we call them Consultants. :greedy I started my current job as a temp. We have ano...
by mlipps
Mon Sep 24, 2012 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's the best way to get a job?
Replies: 28
Views: 2507

Re: What's the best way to get a job?

Lately I've been reading a blog called Ask A Manager, has tons of valuable advice.
by mlipps
Mon Sep 24, 2012 2:48 pm
Forum: Personal Consumer Issues
Topic: Brittany spaniel pup
Replies: 26
Views: 4457

Re: Brittany spaniel pup

We have a 6 month old Brittany. While she is smart and can be very loving, we are having difficulty with her biting and jumping? She gets lots of exercise and attention. We like having her inside, but she gets so bitty that we have to put her back outside. Any suggestions?? Also having difficulty l...
by mlipps
Tue Sep 18, 2012 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you splurge?
Replies: 31
Views: 3335

Re: Where do you splurge?

I think I'm used to living like a college student still, so my biggest luxury is actually having money in my bank account at the end of a pay period. In my book, my splurges are eating out once or twice a week (if it's twice it's usually because of a Groupon type deal), having money each month to sa...
by mlipps
Mon Sep 17, 2012 9:20 am
Forum: Personal Consumer Issues
Topic: coping with 9/80 schedule ?
Replies: 68
Views: 6982

Re: coping with 9/80 schedule ?

You seem frustrated in particular about feeling like you don't have time to cook dinner at night. It might be a little thing, but hey, it would bug me too. Maybe you can take your day off to do some freezer cooking. I try to do this myself every weekend to have some quick snacks/meals ready for the ...
by mlipps
Mon Sep 17, 2012 9:06 am
Forum: Personal Consumer Issues
Topic: If you could retire anywhere, regardless of healthcare, etc.
Replies: 118
Views: 15029

Re: If you could retire anywhere, regardless of healthcare,

If I could take my friends and family with me, I think I'd retire to a beach town outside Sydney and get a camper van to travel around Oz. Also do lots of travelling to NZ.
by mlipps
Mon Sep 17, 2012 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Checking account with no fees to receive foreign remittances
Replies: 10
Views: 994

Re: Checking account with no fees to receive foreign remitta

I can receive a certain number of free incoming wires with my PNC account, but I'm not sure about the currency fees.
by mlipps
Fri Sep 14, 2012 8:51 pm
Forum: Personal Consumer Issues
Topic: Using Window Air Conditioners to lower energy bill?
Replies: 33
Views: 6400

Re: Using Window Air Conditioners to lower energy bill?

My parents did this this year. My moms logic being that our ac is from around 1975 and cannot possibly be efficient, not to mention that's bound to die any day and they can't afford to replace it. My parents are quite frugal with heating and cooling. They only put them into their bedroom and kitchen...
by mlipps
Fri Sep 14, 2012 2:23 pm
Forum: Personal Consumer Issues
Topic: How to start a startup
Replies: 16
Views: 1848

Re: How to start a startup

I've been reading the $100 Startup lately. And there's always Startup Chile.