Cash Management, Emergency Funds, Using Fidelity as a Bank

*** Edit 2023 *** The original post is 4.5 years old. Since publishing it, Fidelity changed their website navigation so I updated a few screenshots to reflect that. Also, the Bogleheads have since created a Wiki article complete with diagrams illustrating the strategy: https://www.bogleheads.org/wiki/Fidelity:_one_stop_shop. I follow is the “Simple” strategy outlined in the diagrams.   … Read more

One month review of updated BoA Cash Rewards Card

**** This post has been superseded by these ones: **** https://frugalprofessor.com/an-audit-of-boa-credit-card-reward-efficiency-2019-q3/ https://frugalprofessor.com/best-credit-card-rewards-strategy-2019-edition/   What Changed? A month ago, Bank of America updated their policy for the cash rewards card. Prior to the change, the rewards were as follows on the cash rewards card: 3%*** gas 2%*** grocery/wholesale 1% all else Last month, this changed to: … Read more

Sitemap

I spent 2-3 days in 2018 writing down everything I know about the U.S. tax code with the hopes of turning it into a book someday. It’s not exactly a page turner, but it may very well make you hundreds of thousands of dollars richer over your lifetime through the minimization of your lifetime tax … Read more

Happy Holidays 2018

It has been a good year for the FP household. Here is our Christmas card, which is admittedly redundant to much of the blog.   Highlights include: Year of Medicine: Mrs FP had her gallbladder removed. FrugalChild3 had an emergency appendectomy. Mr FP broke his nose playing basketball. FrugalChild2 is allergic to everything (grass/weed/pollen/dust).FrugalChild1, FrugalChild3, … Read more

Reflections on 2018 & Plan for 2019

Last December, I publicly posted the following 2019 goals. For the sake of public accountability, here’s how I grade myself for 2018 (bold is my grade & self assessment, non-bold is the original goal). At the end of the post I’ll include my 2019 goals. Finances Keep doing the painfully simple things that generate wealth: … Read more

Best Credit Card Rewards Strategy – 2018 Edition

***** This post is now obsolete and has been replaced by this one: https://frugalprofessor.com/best-credit-card-rewards-strategy-2019-edition/ ****         **** Begin 2019 update **** This post was written in late 2018. BoA has since made a few changes to their cards. 3% cash back on BoA cash rewards card is now a choose-your-own category (rather … Read more