Husband, father of two, personal finance blogger, entrepreneur, conference organizer, frugal guy.
@CT No, but you can sync the Coin to the Coin App on your phone and if your Coin is ever away from your phone it will not work.
1 week, 6 days ago on Coin: Can It Replace All Your Credit Cards?
@joetaxpayer It's possible that was my test data point.
1 week, 6 days ago on #FinCon13 Post Conference Survey Results
@Tom Wachowski I've been on flights where a lap baby belt was loaned to us by the airline. It seemed quite safe and effective. Not sure why all airlines don't offer this. Likely liability issues.
2 weeks ago on Are We Overspending on Child Safety?
@Tyler_DebtReckoning Having a paid off, reliable vehicle is great. Yeah, this doesn't work as well if there's no rental location close by.
3 weeks, 5 days ago on Dump the Car Payment and Rent Instead
@SleeplessinChicago I'm glad it was a hit with you, Sleepless.
3 weeks, 6 days ago on 104 Ways to Save Money
@brokeandbeau No need to cancel. If you decide you don't need the Premier anymore, just call them up and have them downgrade your card from the Premier to the Preferred, which has no annual fee.
1 month, 1 week ago on Citi ThankYou Premier Card Review
@WhatMommyDoes @WillChenEsq Looking into Nashville...
1 month, 1 week ago on The Story of #FinCon13
@WhatMommyDoes Same here. I'm prepping the VP now and I'm tempted to just sit and watch for a while.
@Romeojeremiah Thanks, Romeo. Had a great time getting to know you more. Let's definitely hook up soon.
@JRobMac You can thank for federal officials for it. On the bright side, your mortgage rate is less than 4%.
2 months, 1 week ago on The Best High Yield Online Savings Accounts of 2013
Yet another email from a reader on this issue:
"Bank of America did the exact same thing to me. When I was working I got a free account with no minimum balance: while I kept a fairly high balance for normal checking account (over $10,000), I knew there would be times between contract jobs when I wouldn't have any income at all. The "no minimum balance" provision was important to me.
The hard times lasted longer than I planned, and when my balance dwindled to under $100, Bank of America switched my account without my knowledge and stealthily started charging a fee. When I called to complain that the account was supposed to have no minimum balance, BofA said they had restructured their account types (apparently simply relabeling them so the fee-free accounts no longer exist).
They said all I could do to avoid the monthly fee is switch my account type to ebanking: i.e., sacrifice a lot of the services I had formally been entitled to. I did not want the hassle of moving my accounts - especially my ebanking - to a new place, so I agreed. Today I got a letter that says as of next month ebanking will be charging a fee!!!
It's a good thing I opened the letter that looked like yet another junk credit card offer. This makes me furious. It seems Bank of America customers have to always be vigilant for maneuvers to sneak fees in. Ebanking was supposed to be the remedy for the previous (fraudulent?) account type switch.
Now here they go again. What also makes me mad is that when I was thriving, Bank of America happily benefited from keeping my high balances in a low interest account. Yet when I am down on my luck, they broke the promise they had used to obtain that high balance account. My money could have been working for a more HONORABLE and ETHICAL bank all that time.
If you do find out that the BofA account-switching is a form of fraud, and there is a class action lawsuit involved, please let me know." ~ Lisa
2 months, 2 weeks ago on Possible Fraudulent Switch to Bank of America’s Advantage Checking Account
@hhbudgetcoach It's so easy to get careless once you think you've "arrived" financially. Auto-pilot is not good for too long. Luckily for both of us, it's just a course correction.
2 months, 3 weeks ago on Turns Out Vanguard Age Based 529 Plan Funds Are Actually Based on Age
@Jeff Sustain Life Blog Thanks, Jeff. Most, if not all plans will require a ssn for the beneficiary. So you'd have to list someone else as beneficiary (a common practice) until you get the ssn.
@RahulKSoni Hi, Rahul. Join the email list and you'll get a direct email from me. Good luck with your blogging efforts in India.
3 months, 1 week ago on FinCon Local Keeps the FinCon Energy Going All Year Round
Thanks for commenting, everyone. The winner is Angela!
3 months, 1 week ago on Giveaway: Win One of Jean Chatzky’s Money School Classes
@AndrewGhezzi +1 for the pun. Yeah, it's tough to market brokerages. You've got all different types of folks coming on board at different levels. I cringe when I look at most of the investment industry media.
5 months, 1 week ago on Capital One 360 Independence Day Bonus Bonanza!
@Will I'm from Louisiana. I know a derogatory "son" when I hear one. I'm surprised you didn't find the interview condescending and arrogant.
5 months, 3 weeks ago on The Financial Planning Community Wants a Real Conversation with Dave Ramsey
@The Military Guide Amen to that!
6 months ago on The Financial Planning Community Wants a Real Conversation with Dave Ramsey
@ayoungpro It's probably a mix of reasons. Some may be jealous or have some weird axe to grind. Dave is a Christian and in your face about it. There are haters for sure. Some may be pulling for Dave (like me) but want the best for him and his audience. I for one would love to talk about Dave more but he makes it difficult with his stance on expensive mutual funds and his over-agressive legal team's use of cease and desist orders.
@Leigh It does seem that way.