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Big Bear

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    Detroit, MI

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  1. 1) The clear writings of a neckbeard made that unbearable to read. 2) If customer service was that terrible, I would cancel a card. 3) Macy's = luxury!?!?!? 4) R2D2 luggage = luxury!? 5) #CreditYOLO (good god)
  2. Was that your only negative? How old was it and what was the impact on your AAoA?
  3. We too spend a fair amount on our grocery budget, IMO. As you said the BCP is effectively 4.4%, which is great but I also know we can do better, but as CB it's pretty simple and we don't have to rely on finding good cpp deals on point transfers and the like. The Amazon card is great for us too as we sometimes make it to a local Whole Foods (and deliveries during the current times have been great). We do a lot of subscribe and save, so sometimes I'll use the cashback to fund some household items. For URs, we use them purely for travel through my C$R, pooling from Freedom, Freedom Unlimited, etc. I've had pretty good luck with finding deals using Google Flights and then booking through the portal (versus using point transfer). Check out the travel redemption thread if that's something of interest to you. And if it is, all the more reason to potentially use your CFU card. When transferring the 1.5x UR to the C$R and only doing the travel redemption through the portal that becomes a 2.25% card which isn't too shabby. Through the CSP that would be 1.875%, which would be even higher if you found deals with transferring to travel partners.
  4. Thanks for the input from your experiences. I'm in a dual income household and due to our current state of working from home and not spending nearly as much as normal on frivolous things, we're sitting on ~8-9 months of 'minimum spending lifestyle' in HYSA. I keep waffling between this being too much to not be invested and working for us and 'omg the sky is falling and we need moar!'. The chances of us both losing our jobs at the same time are slim. The chances of us both being out of work for 6 months is even slimmer, but somehow a month or so ago it felt all too possible. And the scenario where that would be a reality would mean that brokerage investment accounts that could be liquidated would likely have been severely hit before we would turn down that route, meaning that's not an ideal placement for such purposes. My current approach, which again could change by this time next week, is to keep increasing our 9 months stash. It just doesn't seem like enough right now.
  5. After cashing out a good amount of MR for travel redemption (business class is amazing), we've primarily switched over to UR earn in our household. We do have the Amex BCP for grocery spend and what we've done for the past few years is wait towards the end of the year and use the accumulated points to pay off at least one cycle of the card. Typically, doing so at the end of the year works nicely as we typically travel a lot between Thanksgiving and the end of the year. I also receive a fair amount of CB from my Amazon Prime account. Generally, I'll just let those accumulate until we need a 'larger' home purchase or a 'treat yo self' kind of thing and use them for things that normally wouldn't find their way into my budget. You look like you're on the right path with tracking your spend and figuring out the rewards strategy that works best for you. I found that once it seemed optimized (or really close to it), it's easy to put it on cruise control.
  6. Absolutely. If you could do it all over, how far would you expand your emergency fund? I keep reevaluating this as the typically advised 3-6 months of expenses seems like a flash in the pan for something much bigger, like we're currently going through.
  7. You've already got great answers here, but I'll echo anyway with more specifics. Take the sum of months/years open for all open accounts, divide by number of accounts. From your spreadsheet: Accounts on your list : years open 1: 22.6 years 2: 4.25 3: 3.16 4: 2.92 5: 1.5 6: 0.58 Total = 35.01 Average = Total / 6 = 5.835 years Add an additional account: Total stays 35.01 New Average = Total / 7 = 5.0 years Add two new accounts: Total stays 35.01 New Average = Total / 8 = 4.37 years Your FICOs are great. Put them to use for you and get the cards that would garner the best rewards for your spending. Any dings on average age of accounts is temporary, and a thicker file helps with that in the long run. If you want to add more info to your spreadsheet, you can have it calculate the current open duration of each card by using '=(TODAY()-B4)/365' (B4 being the reference to the first card open date), copy paste on down the line. Then you can sum them all and divide as you wish.
  8. Now, more than ever, I feel absolutely terrible for those living paycheck to paycheck. I'd like to see a breakdown of living within in ones means, as that certainly doesn't seem to be universal based on level of education.
  9. Echoing the 5/24 check as my initial thought was "why not both!?". Since it sounds like BTs are necessary, the Slate then product change method would be a good long-term strategy in addition to lowering debt load.
  10. I'm mostly shocked by the nice round number. They love to give me *insert 4-number random generator here*.
  11. Well that's weak sauce. I found this via search as I know Marcus has been discussed here in length. I'm looking into an additional HYSA, but perhaps the current climate is just best to sit in place and not chase a quarter point for the trouble (and likely drop in rate anyhow). Interesting though that they still say 1.6% for new accounts...

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