@bradchoosefi Nope! Had a 2.5% 30-year mortgage, sold and and moved to the other side of the country on a new 5% mortgage. Not the best financial move, but life is more than just finances and it was a great life decision for our family!
@bradchoosefi We don’t but we track our expenses and pull a monthly report to see how we did and adjust. This is backwards but works for us. We’re not big spenders and are fortunate to have the buffer to support it in when we overspend. We’ve been surprisingly consistent, year in and year out.
1/3 My father lived in Vegas where he played poker for decades. He always won. Not every day, but every year. He was a conservative player - only betting when he had a hand, never pushing pots. He would talk about the young players who rotated in an out of the casinos over time.
@DelyanneMoney In a 4bed/2bath in Phoenix I don’t think we pay this little even during winter. Summer is already here’s and we’re bracing for the over $300 bills for the next 3 months 😩
Liability #insurance is the most important part of an auto insurance policy. Yet, a lot of people don't fully understand it and could be one, seemingly minor, car accident away from a financial disaster. alienmoolah.com/auto-liability…
A few years ago my commute went from 10 minutes to over 30 min each way. That was when I discovered #podcast and #audiobook. I can honestly say this has changed my life in many ways. Today, I no longer commute but I still dedicate some time to listen. goodreads.com/user_challenge…
@bradchoosefi Funny you saying that, I do the same and I always thought I was a little “weird” :) I used to do this even when walking, back when I lived in downtown chicago. glad I’m not alone!
@bradchoosefi I usually know what I want when I see it but then continue reading the menu anyways just in case. 9 out of 10 times I order what I first identified.
After eight years, I finally sold an apartment I owned in Brazil. In this article, I share a few things I learned along the way about foreign #realestate that I think could be helpful for other #immigrants in a similar situation. alienmoolah.com/here-are-the-t…
Filing a Report of Foreign Bank and Financial Accounts (#FBAR)? You should e-file on the BSA e-Filing system by the April 15 deadline: go.usa.gov/xHTyv#IRS
@CensoredMigrant I don't like #FATCA as much as the next guy, but burying your head in the sand and pretending it doesn't exist won't make it go away. As is the case with expats, certain immigrants, like myself, are also affected by it (to a lesser extent), and they should be made aware of it.
Did you know #FBAR is not the only form owners of foreign financial assets have to file? Meet Form 8938: Yet another reporting requirement you might have. Courtesy of #FATCA. alienmoolah.com/fatca-form-893…
@WCInvestor Invested six-figures in my home country right after moving to the U.S. Pulled it out 8 years later. Lost about 50% to currency rate, but made most of it back in investment appreciation. Overall, realized a mild loss + 8 years of opportunity cost. Lesson learned.
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