Goober Peas posted:

At least half of my friends' wives are doing Rodan and Fields. I've quit hanging out with some of my friends because their wives turn every interaction into a pitch.

Edit: their acne "regimen" is sulfur, witch hazel, benzoyl peroxide, and a hypoallergenic moisturizer. Marked up 1000%

Guest2553 posted:

https://thepointsguy.com/2017/05/credit-card-for-engagement-ring/ posted:

I’m buying an engagement ring for about $26,000. Is there a card I could sign up for that would give me 0% interest but some rewards that would outweigh the 2% difference I have to pay for using a card instead of cash?

Teeter posted:

Teeter posted:

pig slut lisa posted:

Therefore, without further ado, here are the BWM thread guidelines:

Things that could get you probated
This list includes actions that could get you probated. I say could because, as always, funny/informative/interesting posts are always welcome in BFC. However, the following types of posts usually don't add enough value relative to the trouble they cause:

Talking about yourself
BFC boasts a wealth of threads for talking about yourself. Have a basic personal finance question? The newbie thread is what you're looking for. More specific questions? Check out the long-term investing thread, the credit card thread, the house-buying thread, the...you get the picture. Want to brag on yourself for a financial achievement? Tell us all about it in the Goons Getting Ahead thread, or challenge yourself to track your financial goals over the course of the year. Just have something small or cool or interesting to share that doesn't fit into another category? Pop in to the general discussion thread. And if none of these threads work for you, I love love love seeing new threads in BFC! You might even get a sticky out of it if your OP is interesting

With so many places to tell us about how good or bad you are with money, there's no need to clutter up this thread with it. We all want to hear about your incredibly opulent/exceedingly frugal wedding, I swear, but not in this thread please! This also goes for asking for advice. Stories about family, friends, and coworkers where you play a bit role are fine, but stories about you belong elsewhere. Of the ~25 people who responded to my call for feedback, ~20 suggested a rule like this. Let's see which one of the 20 breaks it first

Elephanthead posted:

I thought is was against merchant rules to charge more for taking a credit card?

Virtue posted:

I really don't think so.

GoGoGadgetChris posted:

It's against the vendor services agreement with VISA/Mastercard to charge more for credit cards. It's A-OK to give a "Discount" for cash

Zo posted:

hey look at this guy that doesn't follow supreme court decisions every month and is giving out INCREDIBLY out of date and inaccurate information, lol just lol at you

GoGoGadgetChris posted:

I'm OWNED!!!

therobit posted:

It was never against the law, it was just a violation of thier contract with the payments card companies.

quote:

What the law does regulate is how sellers may communicate their prices

Zo posted:

I actually was just reminded of that case from this discussion and didn't realize the decision was already out, but yeah the oral arguments were pretty funny since I think literally everybody understands that a discount on cash is literally the same thing as a fee on credit cards.

Mantle posted:

It's not the same because they are advertised differently.

It's not the same to buy something advertised at $100 and then asked to pay $102 to pay by card than it is to buy something at $102 and then offered to pay $100 if paying by cash.

GoGoGadgetChris posted:

It's against the vendor services agreement with VISA/Mastercard to charge more for credit cards. It's A-OK to give a "Discount" for cash

quote:

Hello r/personalfinance,

I would like to share with you a scam that my roommate almost got himself into, until I talked him out of it and read the email exchange. My roommate is planning on subletting his apartment for the summer, and posted an ad on Craigslist. He got a response the same day from a "girl" from Switzerland. The girl asked him to immediately remove the listing so that he was committed to the deal. She told him she was willing to pay any price, and move in/out on any day. The only caveat, however, was that she would have her boss send him a check for more than the amount for rent and utilities for the entire summer, and then he would send back the remainder. On top of this, she needed the remaining money so she could book her flight over here. This meant he would need to send the money back soon, before he could really check to see if the check clears. She also told him to take as much as he needed, with no real set price, and this was before seeing any pictures of the apartment.

He thought this sounded totally reasonable, and was about to do it, before I warned him not to and to look into it some more. I knew from reading on this subreddit, that many scams involve sending a check to a person, then having the person send money back before the check completely clears, so thank you r/personalfinance! I am almost positive this is a scam, and wanted to thank you guys, and watch out for this kind of scam for yourselves!

Virtue posted:

I'm really confused. Whats going on here?

Edit: not the jizz, the part about the house

ate all the Oreos posted:

So is there an investment vehicle I can dump a bunch of money into that will pay out big once canada's housing bubble inevitably pops and ruins the entire economy again, might as well make money off it since it's so glaringly obvious

Blinkman987 posted:

Is Lularoe lululemon for poor people? I didn't say "dumb" people as lululemon is pretty dumb despite the high quality on some of their items.

Guest2553 posted:

I guess I could have provided context - Canada is in a speculative real estate bubble fueled by easy credit and chickenshit politicians who can't threaten their voter base's ~house values~. Toronto specifically is up something stupid like 30% y/y, so the 'buy now or never' mantra means people are getting into bidding wars over rat traps with no conditions. It's to the point where real estate is the largest contributor to GDP before even counting in related industries like construction and finance. A lot of discretionary spending comes from paper gain HELOCs.

This dude is experiencing buyer's regret after doing the rough equivalent of buying a pre-fab condo on an interest only NINJA loan in Miami circa Q3 2006, but in a recourse-mortgage area. Between taxes, interest, penalties, fees, etc the dude will likely be out maybe 100k between the emotional buy and emotional sell. If he's lucky a greater fool will come along to bail him out and mitigate his losses, if he's not then lol.

e. pricing it out because why not - lost costs would be 3% CMHC fee (25.5k), 5% realtor fee (42.5k), a few months interest as a mortgage breaking penalty (5-10k depending on lender if he can sell it before rates rise next month), land transfer fees (26k between provincial and municipal up front, though some will be rebatable as a first time buyer). Dude needs to sell now for +100k to break even, ignoring property taxes/insurance/maintenance.

Krispy Kareem posted:

Canada wouldn't normally have worldwide economic repercussions, except there's a whole lot of Chinese money that's going to disappear along with locals' equity.

Krispy Kareem posted:

The implosion will be isolated unlike the subprime crisis, until we find out Citibank and Bank of America are balls deep in Vancouver area condos.

Krispy Kareem posted:

The implosion will be isolated unlike the subprime crisis, until we find out Citibank and Bank of America are balls deep in Vancouver area condos.

ate all the Oreos posted:

Meanwhile from what I understand New Zealand has a bunch of global investment now because it happened to come out of the financial crisis without being affected too much and if there's one thing banks love it's the proven fact that past performance definitely indicates future results, so when their bubble pops it could easily be amplified globally a ton.

BEHOLD: MY CAPE posted:

What does it mean to be "financially responsible but not have the credit for a mortgage", those things seem to come closely hand in hand

Leon Trotsky 2012 posted:

I had someone pull a really awkward BWM power move during the hiring process yesterday.

- This guy got the job
- We made him the official offer with the same salary posted on the job posting
- This is a government job, so legally we can't pay him much more than we offered (we could have paid him a little bit more, but they always leave room for cost of living raises so that they don't need to deny people raises or reclassify them)
- He knew the salary going in. (it was about $35,000 a year; the cap for his title is about $39,000 per year)

He said that he had to "politely decline the offer because I need at least $50,00 a year."

Our HR person told him that they legally can't pay him that much and the offer is $35,000 (which is 135% of median salary for the position)

He said, "My mom always told me to know your worth. I know my value and I know my skill set. I'm afraid that I am going to have to decline. I appreciate your time. You can get in touch with me if you change your mind. Thank you."

They hired the 2nd choice an hour later.

Today, he called our HR rep back to ask if they had reconsidered their offer and that he would go down to $40,000 a year (still higher than the max allowed for the position) and take the job.

When they told him that it had already been filled, he asked them to reconsider and that he would take the original salary and to please not do this to him.

It was painfully awkward.