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Phone posted:Yeah, I do. You sound patronizing throwing around poo poo like charlatanism. I'm saying it's awesome that he can actually talk about that poo poo as opposed to most of us. I even pointed out that what he was saying was protected but that they often try to punish anyway (note I even said try to in what you quoted). Come the gently caress on man. quote:I imagine at a job fair, companies want their employees to disclose their salaries (at least if they're good.) Why would your mind jump to "He's probably gonna get fired for telling these high school kids his company pays the big bucks?" I don't ever remember anyone disclosing their salary at a job fair, but maybe they do. My mind jumped there because it's been beaten in talk about salary = bad poo poo. quote:I've never had a job where my salary wasn't a matter of public record This is how it should be for all jobs, unfortunately in most private sector companies it will get you fired although they won't say that's why. Nail Rat fucked around with this message at 21:50 on Jun 30, 2016 |
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Jun 30, 2016 21:42
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I've never had a job where my salary wasn't a matter of public record. Actually, with a new fiscal year starting tomorrow I bet the 16-17 report is up on our website. Time to go scroll through everyone's info 
pig slut lisa fucked around with this message at 22:00 on Jun 30, 2016 |
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Jun 30, 2016 21:45
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My company pays on commission and every month they rank us, #1 through #20, on a piece of paper they hang next to the lunch room that lists how much we made to the penny!
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Jun 30, 2016 22:12
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VideoTapir posted:This, plus a legislated end to credentialism, so that people don't need to go to college anymore. A lot of jobs that require degrees would be better done by some jerk off the street with OJT; but employers don't want to train anyone anymore. Support for employer OJT + penalties for requiring credentials. The two-thirds of adults without four-year degrees are somehow finding jobs though
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Jul 1, 2016 00:17
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Does anyone still have that link from a while ago from reddit (it was either personalfinance or relationships) about some guy who posted about catching his girlfriend with $5000 on a credit card and confronting her about it (because she gave him poo poo for having credit card debt) and it turns out it was because she was GWM and had like 700k in brokerage accounts and was cycling the card probably for reward points? They might have had a fight over how it could have been used for (his) student loans and (his) car loan, too. Because that poo poo was hilarious and I want to reread it.
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Jul 1, 2016 03:45
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pig slut lisa posted:What's FA in your case? Flight attendant? Financial advisor? Financial advisor. And yeah, our company didn't give a flying gently caress about salary talk. I've honestly never had a job that cared. It's just something people don't typically bring up with each other unless you're in sales.
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Jul 1, 2016 04:27
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Horking Delight posted:Does anyone still have that link from a while ago from reddit (it was either personalfinance or relationships) about some guy who posted about catching his girlfriend with $5000 on a credit card and confronting her about it (because she gave him poo poo for having credit card debt) and it turns out it was because she was GWM and had like 700k in brokerage accounts and was cycling the card probably for reward points? From memory, it was in the Financial Independence forum on reddit, but I think it got deleted (??). And there was an update where he humbled himself to his girlfriend and revealed a bit more about her frugal lifestyle. If I'm remembering correctly, she thrifted almost everything, cycled everywhere, the $5000 credit card debt was because she was churning for points so they could go on holiday. He never really connected the dots to wonder what she did with any leftover cash.
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Jul 1, 2016 05:54
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What's the ethical difference between churning and kiting? Capital?
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Jul 1, 2016 07:57
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If you're kiting it's because you can't afford not to do so. If you're churning you have enough cash to pay off all your balances as you go. Fake edit: Is this a serious question? Do you not see the difference between them?
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Jul 1, 2016 09:53
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Check kiting is used to make it look like you have more cash on hand than you do, essentially passing temporary credit as a liquid asset. Churning is using authorized credit briefly enough that they can't charge interest. They're not really related.
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Jul 1, 2016 12:14
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froglet posted:From memory, it was in the Financial Independence forum on reddit, but I think it got deleted (??). And there was an update where he humbled himself to his girlfriend and revealed a bit more about her frugal lifestyle. If I'm remembering correctly, she thrifted almost everything, cycled everywhere, the $5000 credit card debt was because she was churning for points so they could go on holiday. He never really connected the dots to wonder what she did with any leftover cash. https://www.reddit.com/r/financialindependence/comments/408wf0/girlfriend_31f_of_2_years_hates_credit_cards_i/ https://forums.somethingawful.com/showthread.php?threadid=3555678&userid=0&perpage=40&pagenumber=481#post454798875
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Jul 1, 2016 12:48
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Moneyball posted:https://www.reddit.com/r/financialindependence/comments/408wf0/girlfriend_31f_of_2_years_hates_credit_cards_i/ Glad somebody managed to dig it up again, looks like my google-fu is rusty. Today in "it came from reddit": My mom thinks she's a stock trader. Help? Reddit posted:I hope this is the right sub for this. My 70 yo mother has announced that she's opened a TDAmeritrade account, and is buying a couple hundred dollars worth of penny stocks, but has the conservative strategy of "selling them if they lose 1-2%", Which inspires zero confidence.
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Jul 1, 2016 15:19
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, and it seems to me the only way to make money in the OTCBB(?), is by fleecing people like my mother.
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I can't imagine why you would not churn your rewards cards unless you're irrationally afraid of credit cards or you can't use them responsibly. It's a firewall for your real money. Almost no one has my checking account numbers and no one has my debit card number, so purchases are secure af.
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Jul 1, 2016 16:32
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It really comes down to whether you can make/stick to a budget, I suppose. Content: asking your SO to rent a room from you in your condo at a great cost to them in both time and money: GWM, BWL? https://www.reddit.com/r/personalfinance/comments/4qptta/partner_owns_apartment_wants_me_to_move_in_and/ posted:Partner and I are making roughly the same amount of money. I was asked to move in, I asked how much my 'rent' would be and was told to pay half the mortgage. We have been dating for a year and some months. We have been splitting everything from restaurants, groceries, movie tickets, vacations, cab rides... from the very first date. Everyone pays equally we literally 50/50 on everything. I have no debt. Partner has student loan, car loan and the mortgage. All these loans predate me. Nail Rat fucked around with this message at 16:38 on Jul 1, 2016 |
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Jul 1, 2016 16:35
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NancyPants posted:I can't imagine why you would not churn your rewards cards unless you're irrationally afraid of credit cards or you can't use them responsibly. If you mean churn in the sense of "buy your purchases with your credit cards and pay them off before they accrue interest" then I agree. If you mean the hardcore points-maximizing stuff like maxing out your credit cards on pre-paid gift cards and constantly signing up for new cards and cancelling old cards, well I just can't be bothered.
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Jul 1, 2016 16:38
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Jmcrofts posted:If you mean churn in the sense of "buy your purchases with your credit cards and pay them off before they accrue interest" then I agree. If you mean the hardcore points-maximizing stuff like maxing out your credit cards on pre-paid gift cards and constantly signing up for new cards and cancelling old cards, well I just can't be bothered. I am guilty of this. But, but, but I can rationalize it. Maxed out the 5% extra rewards points on grocery store gift cards, as I figure I'll use them anyway over the course of the next several months- got to eat!
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Jul 1, 2016 16:44
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Nail Rat posted:It really comes down to whether you can make/stick to a budget, I suppose. This amuses me. That's a sharp SO and their partner should be ashamed for trying to use a non-married partner to build equal equity in something only they own.
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Jul 1, 2016 16:47
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NancyPants posted:I can't imagine why you would not churn your rewards cards unless you're irrationally afraid of credit cards or you can't use them responsibly. Seriously lol if you don't at least try to put the massive down payment for a car on your card for the points.
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Jul 1, 2016 16:52
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If only you could put a house down payment on a credit card 
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Jul 1, 2016 16:55
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defectivemonkey posted:Seriously lol if you don't at least try to put the massive down payment for a car on your card for the points. Car dealerships are usually wise to this. Last time I tried this, they had a $2k limit for credit cards. Home improvement projects are another story, though. I managed to put the replacement windows for my house on a card and reap mega-points. Same with a new roof. Never write a check without TRYING the points card first! (And the best zero-thought points card is Fidelity. The AmEx is unlimited 2% back on everything. The Visa is the same but 1.5%.)
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Jul 1, 2016 17:21
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Churning credit cards usually means opening new accounts for the sign up bonuses, then closing them. Earning rewards and paying the bill in full to avoid interest is just how a credit card should always be used.
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Jul 1, 2016 17:26
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THF13 posted:Churning credit cards usually means opening new accounts for the sign up bonuses, then closing them.
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Jul 1, 2016 17:32
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Mocking Bird posted:This amuses me. That's a sharp SO and their partner should be ashamed for trying to use a non-married partner to build equal equity in something only they own. In most areas, half the mortgage is under market rent. But this person sounds like they'd try and make the non-owner pay for half of any maintenance/repairs that come up, which kinda defeats the point of renting.
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Jul 1, 2016 17:42
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defectivemonkey posted:Seriously lol if you don't at least try to put the massive down payment for a car on your card for the points. ...we did. We had the cash in hand but why not get them airline miles? E: High Lord Elbow posted:Car dealerships are usually wise to this. Last time I tried this, they had a $2k limit for credit cards. Our place most certainly did not have that limit. We also used the card to pay a deposit for a new apartment. BonerGhost fucked around with this message at 17:55 on Jul 1, 2016 |
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Jul 1, 2016 17:51
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High Lord Elbow posted:Car dealerships are usually wise to this. Last time I tried this, they had a $2k limit for credit cards. Yeah but there's usually an upper limit on the cash back you can get. With amex the % returned in cash is limited to the first $6,000 in eligible transactions. After the fee you're basically capped at ~$100
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Jul 1, 2016 18:11
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El Mero Mero posted:Yeah but there's usually an upper limit on the cash back you can get. With amex the % returned in cash is limited to the first $6,000 in eligible transactions. After the fee you're basically capped at ~$100 Citi Doublecash and the aforementioned Fidelity Amex (recently converted to a visa) are both unlimited 2% cash back.
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Jul 1, 2016 18:24
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High Lord Elbow posted:Car dealerships are usually wise to this. Last time I tried this, they had a $2k limit for credit cards. Heh. You should've seen the pinched look on the finance guy's face when I made the $10k down payment for my current car on my rewards credit card.
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Jul 1, 2016 20:19
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I bought my car in 100% cash last fall. The finance guy said there was literally no way I could buy that car from them, cash or no cash, unless they could run a hard credit check on me. Why?
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Jul 1, 2016 20:36
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GoGoGadgetChris posted:I bought my car in 100% cash last fall. The finance guy said there was literally no way I could buy that car from them, cash or no cash, unless they could run a hard credit check on me. Because he's an idiot and assumed you were too.
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Jul 1, 2016 20:39
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I imagine they are pressured to do that "to see what you qualify for," ie to try to sell you a more expensive car. But I've never done auto sales, so
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Jul 1, 2016 20:40
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GoGoGadgetChris posted:I bought my car in 100% cash last fall. The finance guy said there was literally no way I could buy that car from them, cash or no cash, unless they could run a hard credit check on me. Did you tell him to fuckoff and then let the salesman know you were walking out of there to go down the street with your cash?
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Jul 1, 2016 20:44
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This was an interesting rabbit hole to fall into for 15 minutes on a slow afternoon at work: https://twitter.com/michaeljhudson/status/748777908412428288 https://twitter.com/michaeljhudson/status/748778933944922112
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Jul 1, 2016 21:19
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GoGoGadgetChris posted:I bought my car in 100% cash last fall. The finance guy said there was literally no way I could buy that car from them, cash or no cash, unless they could run a hard credit check on me. Same. I put all zeros as my ssn.
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Jul 2, 2016 00:12
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GoGoGadgetChris posted:I bought my car in 100% cash last fall. The finance guy said there was literally no way I could buy that car from them, cash or no cash, unless they could run a hard credit check on me. Actually I remember why! They said it was due to the Patriot Act and since it was a cash transaction exceeding $10,000.01. According to the internet, that is false, but it's a VERY common auto sales tactic to get your credit information in their system. In conclusion, never give Royal Moore Subaru in Hillsboro, Oregon any of your business, because they are fuckbois
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Jul 2, 2016 00:24
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All car dealerships are fuckbois and whatever dumb laws prevent me from buying a made-to-order car direct from the factory should be eradicated.
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Jul 2, 2016 14:58
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No, but you see, dealerships provide a value-add for the customers, and
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Jul 2, 2016 18:04
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The value-add is being able to test drive multiple makes and model of cars within your price range. I agree you should be able to buy direct from the manufacturer if you want, but dealerships will always have a use.
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Jul 2, 2016 18:39
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Like test driving at a dealer and then ordering what you want from the manufacturer for less?
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Jul 2, 2016 19:56
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Today on BWM Toronto edition: Two couples (with kids) take out a joint mortgage in Toronto's bubble real estate market. And for those of you aren't too familiar for the "what if" scenarios: if one couple wants to get out of the mortgage, the remaining couple must re-qualify for the mortgage on their own. And then of course there's the question of how to divide any equity (if any) in the future sale of the house. quote:“We’re going on blind faith that neither of us will screw each other over,” says Mike Lovas, 35 What could go wrong. Phone posted:No, but you see, dealerships provide a value-add for the customers, and  The one thing I hate about getting a replacement vehicle is dealing with the dealerships. I should be excited about a new car. But the last time we replaced my dying 2000 Civic I had to run the gauntlet with about ~7 scummy car salesmen. And it was funny- the first one told me, "We do an 18-point inspection on your car!" The one afterwards said, "We do a 30-point inspection!" then the one after that said, "We do a 50-point inspection!" I didn't even mention the previous car dealerships, and they went full retard with their sales pitches. melon cat fucked around with this message at 20:52 on Jul 2, 2016 |
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Jul 2, 2016 20:47
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Grumpwagon posted:Citi Doublecash and the aforementioned Fidelity Amex (recently converted to a visa) are both unlimited 2% cash back. Ha is that what they did? I just got two new cards that were both visa and was going to call and ask. Weird that one got converted over
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