TL;DR Why keep so much cash? $50,000 is a lot of money, but could be the right number for a emergency cushion if you have a household annual spend of $100,000+. This means 6 months of highly liquid funds for emergencies. Some guidance from investment professionals here. Is it worth the effort? $25 sign upContinue reading “Pennies add up: high(er) yielding cash deposits”
Category Archives: Money
Show me the (almost free) money: Auto Loan from DCU
TL;DR As of March 29, 1.74% for EVs and 1.99% for non-EVs with Digital Federal Credit Union (DCU) Same great rates for new car loan and refi Easy to become a member with a one time $10 donation (or more) Best rates if you’re willing to move your direct deposit over to them Referral bonusContinue reading “Show me the (almost free) money: Auto Loan from DCU”
Show me the money: $700 from Citi
TL;DR $700 if you have $50,000 / $300 if you have $10,000 to keep with Citi for 60 days $1,500 if you have $200,000 to keep with Citi for 60 days (not for most people) Savings earns 0.5% APY on the cash (among the best as of March 2021) – Citi Accelerate savings – availableContinue reading “Show me the money: $700 from Citi”
Monetize your credit score: playing the credit card game
TL;DR Your credit score, above a certain number is a vanity metric and WAY better to get a card every few months A portfolio of credit cards offers 100%+ returns in benefits and features versus time spent and annual fees Three main categories I keep: Ultra-premium: $500+ in annual fees, but awesome benefits Hotel cards:Continue reading “Monetize your credit score: playing the credit card game”
Make $2,340 per hour: how to get a couple sign on bonuses and 5% off everything at Target + Amazon
TL;DR This is really for the peoples who shop a lot at Target and/or Amazon (with Prime membership) Sign up for the right cards and you can earn 5% off everything you buy at Target and Amazon, including Whole Foods <5 minutes to apply for each card Amazon Prime Visa card has a $100 signContinue reading “Make $2,340 per hour: how to get a couple sign on bonuses and 5% off everything at Target + Amazon”
