Husband, father of two, personal finance blogger, entrepreneur, conference organizer, frugal guy.
@RetiredBy40 Thanks, I can't take much credit. Bob from Christian PF was my guinea pig. He's been on it for almost 5 years now and they now have a little one. If it was a good fit for him, it's likely a good fit for me.
3 months ago on My MediShare Review: Goodbye Obamacare
@Plantingourpennies I think you'll definitely see it happen.
@Lance Cothern In the real world, probably not many could afford it. But ideally if you vetting your tenant's income properly, you should know what % the rent is of their income. If it's more than 25-30% then you know it's unlikely they'd be able to pay it from month to month. But you'd just take them to court and get a settlement which they could then start making payments on when they can. Yes, I would not want to have to take a tenant to court over unpaid rent from a breakage. Talk about a headache.
4 months, 4 weeks ago on What to Do If Your Tenant Breaks the Lease
...and ADEP goes to $20 today. Hilarious.
7 months, 1 week ago on Signal Speculator Portfolio Update (-0.7%) ADEP Flatlines [Grow Your Dough Throwdown Part 2]
@travelbloggerbuzz Hi George. Thanks for sharing your travels for people to see what is possible with a full-on effort. Kudos to you, my friend. Hope to see you in New Orleans this Fall.
7 months, 3 weeks ago on 130,000 Points for the Win: Results of My Second Credit Card App Party
@JeanNVicRivera Jean, I'm sorry to hear about your struggle. I pray that you will experience healing and find comfort through this tough time.
To clarify, this site isn't owned by Kevin or in anyway affiliated with him. If I knew how to contact him I would help you. But I don't. And he apparently doesn't have any money anyway. He spent a night in jail last year to avoid paying him FTC fines.
8 months, 1 week ago on Kevin Trudeau’s Free Money
@kevinz Kevin, did you have tax penalties?
8 months, 2 weeks ago on How to Fill Out a W-4 Form
@JD in Boerne This is a great question and one I intend to answer in detail when I file my taxes this year. Rental property gives you the added benefit of being able to subtract depreciation from the income. So my $4k profit will be more like a $2k loss for tax purposes once I subtract $6k in annual depreciation expense. The loss will help reduce my overall tax burden. It's a huge win.
9 months, 1 week ago on The Cash Flow Analysis for Our Rental Property at Year End 2013
@BreakoutTheory Glad you found us! See you in New Orleans!
9 months, 2 weeks ago on Save the Date: #FinCon14 Happens September 18-20, 2014 in New Orleans!
@DenverEric I hope so too, Eric. My first year wasn't as good because I took a while to onboard the tenant. But I'm glad I took my time with that because it made year 2 (and beyond hopefully) really solid.
9 months, 2 weeks ago on The Cash Flow Analysis for Our Rental Property at Year End 2013
@jazz Nice to meet you, Jazz. Wow, you've got a nice plan there. Send over those opportunities when you find them. Good luck!
9 months, 2 weeks ago on My Approach to Stock Speculation in 2014 [Grow Your Dough Throwdown Part 1]
@LarryOHara Hi Larry. I did not mean to imply that I'm currently using one. I'm a user in the sense that I ordered one and so I have a referral number. I don't have a prototype. I'll just get my completed Coin this Summer if all goes as promised. If Coin doesn't deliver I'll seek to get my money back. If, for some strange reason there is no answer there, my credit card issuer will protect me on the purchase.
9 months, 2 weeks ago on Coin: Can It Replace All Your Credit Cards?
Todd, thanks for having me on. I enjoyed the discussion and I'm always glad to gain a little more of your perspective. Best of luck with the podcast.
9 months, 2 weeks ago on FM 013: Simple Financial Planning – The Only 6 Ideas You Need To Know With Philip Taylor
@Leo Ostapiv Hi Leo. Thanks for considering FinCon. Yes, registration will open up on Feb 4th, 2014. Sign up for the email list to get notification and more info. Thanks and hope to see you in New Orleans.
9 months, 4 weeks ago on Save the Date: #FinCon14 Happens September 18-20, 2014 in New Orleans!
@BudgetBlonde I was born in Natchitoches and finished high school in Ringgold. Went to Tech and then made my way over to DFW where I've been for 12 years. I'm so glad it will be a convenient trip. It will be for my staff as well as they all are in LA.
10 months ago on Save the Date: #FinCon14 Happens September 18-20, 2014 in New Orleans!
@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.
11 months ago on Coin: Can It Replace All Your Credit Cards?
@joetaxpayer It's possible that was my test data point.
11 months 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.
11 months 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.
11 months, 1 week ago on Dump the Car Payment and Rent Instead
@SleeplessinChicago I'm glad it was a hit with you, Sleepless.
11 months, 2 weeks 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.
11 months, 3 weeks ago on Citi ThankYou Premier Card Review
@WhatMommyDoes @WillChenEsq Looking into Nashville...
12 months 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%.
1 year ago on The Best High Yield Online Savings Accounts of 2014
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
1 year 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.
1 year, 1 month 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.
1 year, 1 month ago on FinCon Local Keeps the FinCon Energy Going All Year Round
Thanks for commenting, everyone. The winner is Angela!
1 year, 1 month 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.
1 year, 3 months ago on Capital One 360 Independence Day Bonus Bonanza is Back!
@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.
1 year, 4 months ago on The Financial Planning Community Wants a Real Conversation with Dave Ramsey
@The Military Guide Amen to that!
@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.
@Roger Wohlner I need to meet this Carolyn. I will check her out.
@DebtRoundUp Yeah, miscalculated, or un-evolved. 20 years ago his investing advice was pretty mainstream. He's just not kept up with the times. We've made a ton of advancement in knowledge when it comes to long-term investing. He's just stuck in 1995. I hope he at least is open to a conversation with someone. Agree, that interview was a bully session.
@deerock Which page? The 12% return page I linked to? Are you referring to negative comments there?
@ontargetcoach Exactly! It would seem Dave hasn't evolved with the times like most in-tune financial writers and professionals. I do like his 15% rule though, and I agree that if you do that you're all good. But with expensive funds and a lack of diversity you give up too much.
@CommonCentsWealth Yeah, I'm jealous of your Summer temps...and your bike paths.
1 year, 4 months ago on Results of My Bike to Work Week: Tough, Sweaty, and Fun
@my2centopinion I'll settle for changing my waistline. :)
@rs02011988 That's crazy cheap and wrong. You could get sick from drinking from someone else's cup. Plus, it's just nasty. It was in the trash can, right?!
1 year, 4 months ago on 10 Shockingly Stupid “Money-Saving” Moments From TLC’s Extreme Cheapskates
@Jenny at FrugalGuruGuide Yeah, I'm thinking a lot of it is setup. Too over-the-top to be real.
@CJ These are awesome additions. We'll be sure to add them in next time we update the list. The solar s'mores idea sounds great. I might try that with the girls.
1 year, 4 months ago on 33 Free Things to Do in the Summer
I sometimes like to promise myself that I will give it a day. I think about it, and invariably forget and the temptation is gone. It's a little trick that uses my laziness.
1 year, 4 months ago on How to Increase Willpower and Stay on Track Financially
@JayFleischman Definitely been there myself with the diet. I'm a fan of creating automatic systems that help you to "do the right thing" 99% of the time. I just wish I could find that perfect automatic system for my health/weight.
@waitersk Yes, use this url to get started with a MONEY account: http://www.dpbolvw.net/click-2722532-11017509?sid=KidGifts
1 year, 5 months ago on Capital One 360 Gift of Savings for Kids and Gift of MONEY for Teens
@DebtRoundUp haha. crazytown, right!?!
1 year, 5 months ago on 10 Shockingly Stupid “Money-Saving” Moments From TLC’s Extreme Cheapskates
@Julian T @Philip Taylor Their customer support is excellent. If you call that number above I'm sure the rep will be more than capable of helping you find out if you qualify. Good luck!
1 year, 5 months ago on Who Can Join USAA?
@Julian T Not a silly question. No fees.