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dochawk
Guest
I paid off the last of my student loans today . . . yes, the day that interest was suspended them . . .
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StephieNorthCo
Guest
Just think. You’ve made a lot of students happy with that last payoff. If you were late in paying, the interest would not have been suspended.
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dochawk
Guest
They should each PM me for a shipping address to send me a nice single malt . . .
:crazy_face:
This was several years early, actually.
I never OD’d on loans like so many did.
I’d aggressively paid down law school and undergraduate loans (from the older more expensive programs), and had turned to the grad school loans when I was offered consolidation at a silly-low rate (below 3%) with 10 years of interest only, and 10 year amortization.
There were much better places to put money (like retirement!) than to pay off 3% loans . . .
Eventually, I just started throwing all my credit card cash backs and stuff as additional payment, as well as anything left from the weekly take wife to dinner budget.
:crazy_face:
This was several years early, actually.
I never OD’d on loans like so many did.
I’d aggressively paid down law school and undergraduate loans (from the older more expensive programs), and had turned to the grad school loans when I was offered consolidation at a silly-low rate (below 3%) with 10 years of interest only, and 10 year amortization.
There were much better places to put money (like retirement!) than to pay off 3% loans . . .
Eventually, I just started throwing all my credit card cash backs and stuff as additional payment, as well as anything left from the weekly take wife to dinner budget.
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StephieNorthCo
Guest
Hmmm. Mumble mumble 3%, mumble. Mumble cashback. Mumble carry the 2 mumble divide by mumble mumble…
Let’s see. Those were romantic dinners at Denny’s. Right?
Let’s see. Those were romantic dinners at Denny’s. Right?
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dochawk
Guest
They tend to be at places where I effectively find close to half off
So even with tip, we usually get out for under $50 total, with the balance of the $50 taking another nibble . . .
I get a full 2% on everything with my main card (which I wouldn’t even use, but for the kickback), and the usually worthless Citicard formerly known as Sears had a sequence of insane specials–$100 statement credit for $1000 in charges over a month, 15% statement credit for $500 or more gas, grocery, and restaurant (with a month of overlap of the two!), and this month and next (overlapping with gas, etc.) 10% on online purchases totaling $200 or more . . . [normally, their points are only redeemable for merchandize we don’t need from places we don’t shop . . .]
We switch to discover for gas during it’s 5% quarter, and use it for restaurants for that 5%. Other quarters, it’s cash when gas is below $3 even, and credit above $3 (6 cent price difference breaks even at 2% at $3).
Cell phone bill gets paid by a card that insures the phones for doing so.
But I don’t bother using the card that is 3% on gas, as the extra 1% isn’t worth the hassle of the extra bill for the modest amount we use right now.
I learned to pinch pennies without having to give up too much from my grandparents who lived through the Great Depression, and my parents. My oldest daughter who went grocery shopping with me as a child manages to stretch grocery dollars farther than I do!b
It takes some effort, but it pays . . .
So even with tip, we usually get out for under $50 total, with the balance of the $50 taking another nibble . . .
I get a full 2% on everything with my main card (which I wouldn’t even use, but for the kickback), and the usually worthless Citicard formerly known as Sears had a sequence of insane specials–$100 statement credit for $1000 in charges over a month, 15% statement credit for $500 or more gas, grocery, and restaurant (with a month of overlap of the two!
), and this month and next (overlapping with gas, etc.) 10% on online purchases totaling $200 or more . . . [normally, their points are only redeemable for merchandize we don’t need from places we don’t shop . . .]We switch to discover for gas during it’s 5% quarter, and use it for restaurants for that 5%. Other quarters, it’s cash when gas is below $3 even, and credit above $3 (6 cent price difference breaks even at 2% at $3).
Cell phone bill gets paid by a card that insures the phones for doing so.
But I don’t bother using the card that is 3% on gas, as the extra 1% isn’t worth the hassle of the extra bill for the modest amount we use right now.
I learned to pinch pennies without having to give up too much from my grandparents who lived through the Great Depression, and my parents. My oldest daughter who went grocery shopping with me as a child manages to stretch grocery dollars farther than I do!b
It takes some effort, but it pays . . .
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