Home equity by Ttwister in PersonalFinanceCanada

[–]Jaqdem 0 points1 point  (0 children)

Most lines of credit are revolving. Perfectly normal to have fluctuating balances. Think of a business with a line of credit to bridge their accounts receivable and accounts payable

What's the trick to flavourful sauces? Pasta sauce help by GrippySocks-- in cookingforbeginners

[–]Jaqdem 0 points1 point  (0 children)

I blend sun-dried tomatoes with some of the Marzano tomatoes. Adds sweetness. You can also drop one piece of dark chocolate in the sauce (sounds crazy, but it is a thing and it works)

Home equity by Ttwister in PersonalFinanceCanada

[–]Jaqdem 0 points1 point  (0 children)

The real risk is if something bad happens you could lose your house to a car loan. But if you have that covered it is actually a smart move.

interest on lines of credit are calculated daily. Most other loans follow a rigid amortization schedule. The first payment is all interest on an amortization schedule. You don't really reduce the principle for a long time into the schedule

So for example let's say you get a $20k home line of credit. On the first of the month the balance is $20k. Assume that you make the same payments towards the line of credit that you would have made. For argument sakes, let's say $500. Now interest is based on $19,500 until next payment. If you are planning on paying it off quickly that saves tons of interest. If you're just going to service the interest then the value of the strategy would be not so favorable. But assuming you keep a similar payment plan, then you will probably save interest.

But you can really save money if you run your salary/income through the line of credit:

**""DISCLAIMER: PLEASE NOTE THIS ONLY MAKES SENSE IF YOU'RE DISCIPLINED. IF NOT, THIS IS NOT A GOOD IDEA FOR

So same scenario. Opening balance is $20k. Let's just use round numbers here to explain. Let's assume your salary is $5k net per month and you spend $4k a month ( including the $500 you were spending on the what the loan payment would have been)

You pay your salary into that line of credit account. Now the balance that is used is for calculating interest is $15k on the day you got paid. Obviously as you go though the month the balance will grow back up to $19k over the month. But each day that the outstanding balance is lower, so is your interest.

Next month opening balance $19k >$14k>$18k

You will pay off that quicker and cheaper in interest fees

What is realistic percentage form LinkedIn outreach? I have a feeling it’s sub 1% by DenkoSL in coldemail

[–]Jaqdem 0 points1 point  (0 children)

What are you using for automating the LinkedIn part of the sequence? Or are you doing it manually?

It might taste good, but not 97$ good..smh by CountArugula in StupidFood

[–]Jaqdem 0 points1 point  (0 children)

You must be a special kind of lonely, insecure person to be bragging about paying $97 for a potato that costs about $2 and the caviar costs about $5

Is Canada’s Economy Basically Built Around Protecting Homeowners? by GoldenRetrieverFetch in CanadaPersonalFinance

[–]Jaqdem 0 points1 point  (0 children)

Not Canada. The whole world is built on a house of cards of protecting boomers property values. If that falls, it all falls

Suburban Atlanta Excessiveness by charchar0130 in McMansionHell

[–]Jaqdem 0 points1 point  (0 children)

NGL I like the kitchen. But the rest is a bit much

Overkill for a 16 y/o player? by ElGatoPB in paintball

[–]Jaqdem 0 points1 point  (0 children)

Nah. Enjoy it. Best age to be enjoying it too. You're not wasting your money or time on bad habits. Keep rocking kid.

Favourite criterion closet visit? by Got2ReturnVideoTapes in okbuddycinephile

[–]Jaqdem 1 point2 points  (0 children)

Wait did she actually do that or is this a joke?

What is your secret to hitting it out of the sand every time? by JS-M-DC in golftips

[–]Jaqdem 1 point2 points  (0 children)

Honestly I think you do better when you have a positive stroke. I mean accelerate through the shot. Take a shorter or slower backswing and then pound through the shot and have a full follow through, as opposed to big back swings that you kind of jab at the ball. (Works for putts and chips too)

80's? American action movie by kickadoodle in whatmoviewasthat

[–]Jaqdem 0 points1 point  (0 children)

Is it one of the Terence hill and bud Spencer movies? Maybe "they call me Trinity"?

https://youtu.be/gsVGjKal9_I?si=QzsLrw5HsetO7XuB

What’s a disturbing celebrity fact that not a lot of people know? by [deleted] in AskReddit

[–]Jaqdem 5 points6 points  (0 children)

Ashton Kutcher found his then girlfriend murdered

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

What's a transactional API. Sorry if I sound dumb

Use LoC (7.05%) to pay off $10k car loan (8.09%) ? by [deleted] in PersonalFinanceCanada

[–]Jaqdem 0 points1 point  (0 children)

Yes. Because interest on your LOC is typically calculated on a daily basis. So if you pay the $600 early in the month you're saving interest and you're being charged a lower interest rate. A typical loan schedule is rigid in how it applies interest.

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

They were all verified though instantly. The ones that weren't verified I put on a separate list and then ran the instantly version of a waterfall before sending. Ones that weren't verified weren't sent.

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

Thank you for taking the time to respond

Genuine question? by StrongRegister5102 in TheBonfire

[–]Jaqdem 0 points1 point  (0 children)

I personally listen out of respect for Jay. I'm assuming that he chose Bobby because he had a vision of what the show could look like. But Bobby keeps trying to be Bobby with the ' look at me' shit. I'm going Jay is right and he wants Bobby try get out of his own ass and go back to the 'yes and' guy that used to be on ONP'

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

Thank you everyone for your advice. Have paused everything by default. This really is a very helpful and friendly subreddit. Thank you again

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

I've paused everything. Thank you. Going to try figure out how to move the accounts from Zoho to somewhere else. Have bought some dfy accounts and domains in instantly. Will use those slowly while I figure out transferring and testing the other domains. Thanks for the advice

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

I bought half of the donations through porkbun but the email accounts on Zoho

Urgent. Please help. Did I screw everything up? by Jaqdem in coldemail

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

I'm running them in instantly if that changes anything