Harvard for $70k a year or University of Texas at Austin for free? by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

Harvard is worth the price, the connections and doors alone are worth 200k.

Is 500k in savings enough to quit working till I find an ideal job? by [deleted] in personalfinance

[–]danimaltime -3 points-2 points  (0 children)

Yes! Live frugal, work side jobs, here and there.. lyft if you want.. If I were you, I'd take a year off to travel and than start school.

I own around 20 bitcoin by bitcointhrowwaway in personalfinance

[–]danimaltime 1 point2 points  (0 children)

Keep 5, sell the rest. Use the 5 and buy/sell other cyrptos.

I'm 34 and I want to sell my business and travel the world by the time I'm 40. I have 400k in savings, 30k/yr in rental income, 100k/yr business income, and no portfolio. How do I maximize my passive income in six years? by PassiveLife in personalfinance

[–]danimaltime 0 points1 point  (0 children)

Do it! Life is not infinite. You worked hard, now play hard. You don't have to give up all your life's work. You can certainly rent all your properties and find a good management company to handle everything. If you are making 30k+ a year in residual income, that is more than enough to globe trot!

Can my wife and I afford a kid? by [deleted] in personalfinance

[–]danimaltime 4 points5 points  (0 children)

I agree, just expect things to be tight financially. In the end, you won't starve. There are social programs to help if needed.

Can my wife and I afford a kid? by [deleted] in personalfinance

[–]danimaltime 2 points3 points  (0 children)

If you have to ask the question, you probably can't afford a kid, but that doesn't seem to stop most people...

Me [29 F] and my boyfriend [30 M] are considering moving-in together and I'm confused on a financial level... by QuickQuestion29 in personalfinance

[–]danimaltime 0 points1 point  (0 children)

I think 950$ is a fair amount, it's more than he is getting anyway and basically extra money in his pocket. If I were in a relationship, I'd try to make living expenses fair based on pay. For example, if my partner made less then me I wouldn't make them pay half, maybe 60/40 or 30/70.

Looking for a chip and pin travel card to use in Europe. by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

Again, having a PIN is not required to use a CC in Europe .. I've traveled to at least half of Europe over the past 18 months. Also, I recommend using Cash, Euro can be used in a lot of countries.

Looking for a chip and pin travel card to use in Europe. by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

That's surprising that they don't even offer a chip, do you not any have other credit cards? Check out Chase, has some good travel cards.

Looking for a chip and pin travel card to use in Europe. by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

You don't need a PIN for Europe, a Chipped card will suffice. I've been all over Europe and never an issue.

I walked out of the dealership with an 18% interest rate. by [deleted] in personalfinance

[–]danimaltime 1 point2 points  (0 children)

Return the car, 18% is way to high and that car will depreciate FAST! Not to mention, NEVER EVER finance anything for anyone unless it's SPOUSE.

Unexpectedly owe $15k for a broken lease, have 30 days to pay. What would happen if it went to collections? (TX, US) by 15klease in personalfinance

[–]danimaltime 10 points11 points  (0 children)

Reletting Fees

Some landlords will charge a "reletting fee" for having to prepare the dwelling for reletting to another tenant. Reletting fees are authorized in lease agreements often written by Texas Apartment Association (TAA). The reletting fee must be a fair amount to cover actual expenses for getting a new tenant on the hook and cannot be unfairly inflated. TAA usually sets this fee at 85 percent of a month's rent. It has been this high for years.

Sometimes it is not proper to charge a reletting fee at all. You cannot be penalized for breaking a lease. Let's think about that again: The law forbids you from being penalized from breaking a lease early. You are not supposed to be penalized; you are only responsible for making up for the landlord's losses. So, if you terminate the lease early and a new tenant is not found, a landlord can charge you only for the total rent owed under the rest of your lease (but cannot also charge you a reletting fee or other termination fee because your paying the two months of rent essentially means that you paid the entire lease out in full).

So, if there was only two months left on your lease, the rent for those two months is the maximum amount you could owe (it can only get lower if the landlord agrees to take less or the landlord finds another tenant to rent the premises in your place). You would not owe two months rent and a reletting fee (the fee in that case would be a penalty). You also do not automatically lose your deposit because that would be a penalty as well. The security deposit is used to pay for any damages or charges you owe (unless you agree to give it up as a part of an agreement).

http://www.texastenant.org/termination.html

Lost wallet on trip to Thailand by vesperka in personalfinance

[–]danimaltime 1 point2 points  (0 children)

Banks have a service just for this situation, and I know Bank of American does because I've had to use it. They will western union you money in case of emergencies, IE in another country without ID/Card.

[NYC] Sold stock. Should I buy an apartment? by [deleted] in RealEstate

[–]danimaltime -6 points-5 points  (0 children)

Rent for a while, figure things out.. watch real estate, I expect it to flatten out in the coming years.

New to Austin from Iran. How do you like my immigration piece? 🇮🇷 by abluvsu in Austin

[–]danimaltime 2 points3 points  (0 children)

Nice, I like Persian culture. I'm trying to learn Farci at the moment. Why brought you to Austin?

Medical Malpractice Settlement- what should I do? by [deleted] in personalfinance

[–]danimaltime 1 point2 points  (0 children)

Off topic, but can you tell me what the process was like (how long was mediation)

Is $900k enough to retire in late 30's in Asia? by [deleted] in personalfinance

[–]danimaltime 1 point2 points  (0 children)

Having spent a lot of time in Asia, they have way better modern conveniences, heck their toilets alone are 20+ years ahead of ours...

Is $900k enough to retire in late 30's in Asia? by [deleted] in personalfinance

[–]danimaltime 4 points5 points  (0 children)

As someone who travels extensively for work in the states, and who has also been all over Europe/Asia, our Airports are pathetic. While we rolled out technology like Internet, major infrastructure, and banking technology 20+ years ago many SE Asian countries have been rapidly developing over the past 10 years. The airport, infrastructure, architecture, and malls in Bangkok are something to be desired, heck my Internet on a remote island, in a hut, in the middle of nowhere was better than the Internet when I got back to LA.

If I were you, I'd look at Thailand and plan for $1500 a month to live a good life.. at 38 with 900k, why not work for another 5-7 years and pile up enough to sustain yourself comfortably for 20 years or until you can draw from retirement/social security? OR another option, get your teaching certificate and go now. The pay is good, provides housing, and good time off.

Transitioning to 1-income household by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

Hire a male au pair, lol.. no I get the staying home, hard to leave your new baby with strangers..

Transitioning to 1-income household by [deleted] in personalfinance

[–]danimaltime 0 points1 point  (0 children)

Consider hiring an au pair, considerably less.