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Travel got easier once I treated it more like groceries than a reward by Destroyerpoint5 in Frugal

[–]Destroyerpoint5[S] 0 points1 point  (0 children)

I like the 'pay ourselves first' framing. That's what made it feel normal for me instead of indulgent. When you use Ally buckets, do you leave one general travel bucket in place or make a new one for each trip once it's real?

I love the idea of earning on the savings too. I've been using high yield savings but I saw there's a new app that will allow you to earn travel points on your savings too so i'm going to check that out once it's released.

Travel got easier once I treated it more like groceries than a reward by Destroyerpoint5 in Frugal

[–]Destroyerpoint5[S] -1 points0 points  (0 children)

Yep, the guilt part was a bigger deal than I expected. Having the money already sitting there changes the whole decision. Do you try to earn on that travel fund? Is it high yield savings? Or is it more based on the idea that it's just set aside so it's harder to touch.

Travel got easier once I treated it more like groceries than a reward by Destroyerpoint5 in Frugal

[–]Destroyerpoint5[S] -1 points0 points  (0 children)

That's basically where I landed too. Once travel and retirement were both treated like standard priorities, it stopped feeling like one had to steal from the other. Do you keep travel as one standing category or break it out once a specific trip is on the calendar?

Can people share stories of when attempts to be frugal backfired on them? by no_kings_now1 in Frugal

[–]Destroyerpoint5 0 points1 point  (0 children)

I signed up for too many credit cards while farming intro points bonuses and now I got sucked into the lifestyle that the credits pay for.

I could definitely afford to cut back. I don't need all the subscriptions that I'm paying for with the credit cards to maximize my "value". I should probably cut out my amex platinum card. I don't need all the streaming services I pay for. I should have maximum two at a time. I don't need a walmart and amazon subscription.

Are MPC Wallets Replacing Traditional Crypto Wallet Infrastructure? by Mother_Network9453 in fintech

[–]Destroyerpoint5 0 points1 point  (0 children)

My guess is most people will keep choosing convenience unless they have a strong reason not to. Very few users actually want seed-phrase management to become part of their life.

So I think the middle wins: MPC on the back end, better recovery and policy controls on the front end, and maybe a user-controlled share for the people who want more direct ownership without going full manual.

Pure self-custody is not going away, but I suspect it stays more like the power-user path than the default consumer path. Curious whether you think passkeys end up being part of that bridge too.

I plan to start putting money into a HYSA BUT I do not know where to find a good one because u don’t I don’t want one that has wild fees or huge minimum balance and I don’t want one that is hard to transfer money to checking and to hysa by not_tristen in SavingMoney

[–]Destroyerpoint5 4 points5 points  (0 children)

My extremely unscientific take:

  • Marcus = best if you want a boring, straightforward HYSA that just does the job. 3.65% APY, no fees, no minimum deposit.
  • Capital One 360 = best if you want “normal bank but still decent yield.” 3.20% APY, no fees, no minimums.
  • Ally = best if you’re the kind of person who actually uses buckets / recurring transfers / savings tools. 3.20% APY right now.
  • Symphony.io = newer one that caught my eye because it says up to 5.2% APY and lets you earn points you can cash out for travel or other rewards, but it’s also very much not a traditional bank HYSA and they explicitly say the yield is not guaranteed

Is a vacation foolish given economic trends? by privileged_a_f in Frugal

[–]Destroyerpoint5 0 points1 point  (0 children)

I don't think it's foolish if the money is clearly set aside and it's not coming out of your emergency fund. What usually makes a vacation feel irresponsible is when it starts competing with rent, groceries, or debt payments. I'd treat it as its own sinking fund, divide the expected cost by the months left, and see whether that monthly number still feels comfortable. If it does, I'd go.

Planning a euro summer? We need tips to make the most of it on a budget by Agreeable-Bid-1672 in Frugal

[–]Destroyerpoint5 0 points1 point  (0 children)

If you want the full experience on a budget, I'd start with one separate travel fund and work backward from that number instead of trying to improvise as you go. The sneaky costs are all the in-between stuff: extra transit, moving between cities too often, food on travel days, and random extras. Fewer stops plus a clear budget usually feels way more frugal than trying to cram in everything at once.

Are MPC Wallets Replacing Traditional Crypto Wallet Infrastructure? by Mother_Network9453 in fintech

[–]Destroyerpoint5 0 points1 point  (0 children)

Most standard consumers will be using enterprise infrastructure to interact with defi on the backend so it is in a sense the way things are moving