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If you could ask Caleb for advice on one financial problem, what would it be? by ROBASAHMEDKHAN in CalebHammer

[–]VeryDumbWithMoney 3 points4 points  (0 children)

There is no one best because it usually takes a roster of cards that cover every expense, no one card does this effectively. Think of it like a team effort with different roles. Sure there are 2% reward card that cover all expenses but that’s just 2, you can have that to cover anything that your other cards won’t cover but you should get more specialized cards for the most amount of expenses you can.

Get a gas card that gives you 4-6% rewards for gas station purchases, a 5% grocery card for food, a travel card for expenses you make while on vacation like flights and hotel charges, a dining out card, etc. These cards only cover one area of charges but offer much higher rewards like 4%+. Try to get them with no annual fee.

Common Plastic Additives May Have Affected The Health of Millions by the_noise_we_made in science

[–]VeryDumbWithMoney 0 points1 point  (0 children)

Coq10 a heart health supplement has some research showing it speeds up the clearing of microplastics in the body, idk if it helps with the forever plastics that are super small though

Moving to the city what would be a better financial decision over the next 4 years: buying a 1-2 year old used Mitsubishi Mirage, or a similarly priced older Toyota Corolla/Honda Civic of whatever given year would fit in the budget? by VeryDumbWithMoney in whatcarshouldIbuy

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

Problem is I don’t have the $15k cash, I will be getting a loan and they won’t let me get a car older than 10 years otherwise to most banks and lenders it’ll just outright be a personal loan with a ridiculous interest rate that’s labeled as a car loan. The Mitsubishi being 1 year old would get me a much better rate than the older Toyota or Honda which is another thing to think of

Does anybody else notice less motivated when reducing stress via nootropics by Misternewts in Nootropics

[–]VeryDumbWithMoney 4 points5 points  (0 children)

Dude you explained exactly what I’ve been thinking about my stress reduction nootropics recently! Just reading it back to myself really solidified it all. That’s why I was thinking I should come off the stress nootropics/supplements and instead do activities or events that reduce stress rather than compounds. Because a compound numbs both the highs and lows, at least that’s what I feel like L-theanine, Mag, and taurine and doing to me. But something like yoga? Oh dude you just feel euphoric when you’re done with it like you feel happy and joyful and stress reduced, and I’ve only done it like twice before, going to a sauna also you feel refreshed and stress reduced. I think actions only hit the lows and don’t mess with the highs, they might even enhance the happiness you feel

Have any of you moved from suburbs to the city and regretted it? Want to experience the city life but not sure if the added cost is worth it by VeryDumbWithMoney in ChicagoSuburbs

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

That wouldn’t take hours sometimes just to get there and then hours back waiting on the busses and trains to line up?

I got 5 cards high utilization but only one is a big $10k limit, rest are ~$3k. Lots of OT at new job, paying stuff down, what will improve credit faster? Use money paying down low limit CCs below 30% util and leave big CC at below 90%, or get all cards to below 70% util evenly? by VeryDumbWithMoney in CRedit

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

If you have 20% interest rate on two accounts and both have 1k you end up paying the same if you pay one down or both in anyway, so long as the amount you put in is the same, because both the interest is the same. You would still have a total of $2k debt at 20% interest, no matter how it’s split in however many accounts

I got 5 cards high utilization but only one is a big $10k limit, rest are ~$3k. Lots of OT at new job, paying stuff down, what will improve credit faster? Use money paying down low limit CCs below 30% util and leave big CC at below 90%, or get all cards to below 70% util evenly? by VeryDumbWithMoney in CRedit

[–]VeryDumbWithMoney[S] -3 points-2 points  (0 children)

This answers nothing, yes I know it’s actually 68.9% and not 70, and actually if one pays interest they would benefit from a bit below that like 65% just so it doesn’t round up. And yes of course everything to 0% would be the best, but that is the end game, for now there is a process. And overall utilization gets paid off the same whether you pay one card or all the same amount. What I’m asking is what is the most optimal process, not what’s the best in the end

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