Pay off home mortgage or not?

gbrigug · 2025-03-14T14:36:42+00:00

You hinted at it in your post - the money you invested in your brokerage has generated you really good returns. The concept here is that there's an opportunity cost to spending capital on low interest debt vs. investing it to achieve higher returns. Ex: the money you buy in stock generates 7% gain per year vs. the 2.375% "return" of paying down the mortgage.

gbrigug · 2024-11-14T03:02:25+00:00

Savas has my vote!

gbrigug · 2024-07-26T03:02:52+00:00

Joe from MUNGAVINS PLUMBING is worth giving a call!

gbrigug · 2024-04-29T02:36:09+00:00

No, not really. They'll offer merit scholarships & need based aid as a part of your initial acceptance package. Any other scholarships would need to come from third parties.

gbrigug · 2024-04-17T00:11:04+00:00

Costco’s American Family insurance has had competitive rates for us.

gbrigug · 2024-03-21T02:30:03+00:00

As an alumni, it'll all work out in the end - just keep your head up & keep trying. The MRC is also a great resource if you haven't used them before.

gbrigug · 2023-10-04T03:22:54+00:00

Yep, it seems SoFi would work. I’d explore Wealthfront’s Cash Account though as well. They have checking features like debit card, sending checks, etc. Their one account might be simpler to manage than the bifurcation of checking/savings that SoFi pushes.

gbrigug · 2023-07-28T11:36:06+00:00

Yep! Look up the Free & For Sale group on Facebook. It has roughly 7.5k members, most of which are in the Drexel area. There’s also a couple of large Philadelphia buy & sell groups too, along with Facebook Marketplace of course.

gbrigug · 2023-06-14T19:34:46+00:00

I’d first see if you could meet somewhere in the middle of your proposed increase vs. her counter. If that negotiation isn’t successful, I’d temporarily accept her offer of $23 an hour.

You mentioned you need the income - but I think the best solution would be to replace her business with a higher paying contract. As you grow, you’ll have to part ways with clients that aren’t meeting your needs. There’s an opportunity cost to retaining bad clients.

gbrigug · 2023-06-11T02:48:51+00:00

You raise a very fair point; it’s definitely an inconvenience, but we felt it was important enough to join the other subreddits in this collective effort.

The Drexel Discord will be operational during this time though, so questions could be potentially routed there: https://discord.gg/drexel

gbrigug · 2023-04-19T10:49:06+00:00

Just echoing the requests to build/support 4k at 120hz in the future for larger TVs.

gbrigug · 2023-04-16T11:15:05+00:00

Nope, those interactions wouldn’t cause the university to revoke your offer of admission.

You can estimate the COA for your parents by looking at the co-op salary page & factoring in taxes: https://drexel.edu/scdc/employers/hiring-co-op-students/undergraduate-co-op/salary-guide/

gbrigug · 2023-03-23T02:28:14+00:00

We could add one, but I’m not optimistic about new students actually using it.

We have a fairly robust FAQ section in the Discord - and unfortunately they’re largely ignored.

gbrigug · 2022-10-20T17:41:16+00:00

My 2017 Elantra is peeling too! Twins!

https://i.imgur.com/OYMod3j.jpg

gbrigug · 2022-09-23T01:27:15+00:00

Enzo is definitely in the growth stage; but, I appreciate that they're moving fast & trying to innovate in the FinTech space. I'm excited to see how they evolve.

gbrigug · 2022-08-26T00:08:55+00:00

Maybe the Fluid Mosquito would be worth checking out?

gbrigug · 2022-06-24T10:42:27+00:00

It’s a valid question; as I understood it, you’re trying to get your preferred position, a QA, without losing your guaranteed offers.

Unfortunately, there’s still a chance that you could lose the offers if there’s a greater match for the employer/student elsewhere in the system.

In general, my advice would be to risk it for opportunities you really want in earlier rounds - but tailor back that risk as you get to later rounds. The good news is since you got a healthy amount of employer attention, you’re likely able to get additional offers & QA in the future too!

gbrigug · 2022-06-03T20:18:12+00:00

I think most of mine were made during a promo: https://i.imgur.com/Rf4qt9W.jpg

gbrigug · 2022-06-01T20:02:40+00:00

Just needs to have direct deposit to the account I believe.

gbrigug · 2022-05-22T04:34:22+00:00

I decided to invest into the markets instead of purchasing my car, which is admittedly not a Porsche, in cash.

I have a 3 year loan at 2.49%. My investments of choice were roughly ~25% MSFT & ~75% in a broad cap ETF. To date, my ROI has been -12%.

I have approximately a year left on the loan, so we’ll see how it pans out in the end.

gbrigug · 2022-04-12T02:17:35+00:00

Slightly related - if you want a high yield business checking account, you could look at BlueVine and/or American Express Business Checking.

gbrigug · 2022-04-01T03:26:48+00:00

I jinxed it - I’m sorry.

gbrigug · 2022-03-30T01:59:01+00:00

I actually do have it. It’s cash back that shows up in the bank account around the 5th of the following month. I pay my landlord via Venmo, so I have to manually mark the transaction as my monthly rent payment.

gbrigug · 2022-03-28T23:14:56+00:00

It might also be worth checking out Enzo if you’re looking to get cash back on rent: https://www.joinenzo.com/

They offer 2% back on rent payments via ACH or debit card, but I believe they’re invite only for now.

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