December 29, 2014

HDHomeRUn Prime for $65 after discounts

I just mentioned this tuner from Silicondust the other day and now Newegg has it at a discount price on it when using MasterPass checkout and a promo code. 

As I found on

"Newegg has SiliconDust HDHomeRun Prime Triple Networked HDTV Tuner (HDHR3-CC) for $79.99 - $15 Off with MasterPass Checkout via Newegg Mobile App with promo code MBLMASTER15 = $64.99. Shipping is free. Thanks hookemut25"


December 28, 2014

Build Your own DVR for ~$200

The normal price for our HD DVR from Comcast is $20 a month.   Thats  pretty pricey.   You could buy a TiVo Roamio for $150 and buy lifetime service for $500 but thats $650 total and pretty pricey too.  

Another solution is to use a CableCard tuner with your computer and make your own DVR.   You can get a setup working to replace a DVR for $100-$200.    This does require that you already have a computer and internet connection at home but I'm guessing thats a safe assumption.

One such CableCard tuner is the SiliconDust HDHomeRun PRIME    Currently those run about $100 on Amazon or Newegg, but you can watch for sales and discounts and probably get one a bit cheaper.

Here is a YouTube video about setting up the HDHomeRun Prime to work as a cable TV decoder and a DVR.   He also has a follow up updated video
If you want you can connect your TV directly to your computer and watch the programming like that but that may not be convenient or work well if your TV and computer aren't usually in the same rooms. The video recommends using media extenders like either a Ceton Echo ($100) or a Xbox 360 4GB ($176) to watch the programs on individual TVs.    You can also pick up a refurbished Xbox 360 from Gamestop for $90-$120.

Between a HDHomeRun PRIME and a Ceton Echo you're in for about $200 total to make your own DVR setup on one TV.   You can cover more TVs with more Echos for $100 each.

Note the video also recommends using wired ethernet connections instead of wireless.   So that  means you would have to have physical wired network cables connecting the HDHomeRun and the media extenders.   Depending on your setup that may be more cumbersome.   You can try wireless to see how well it works of course  but note their recommendation is for wired connection.

This kind of solution takes a little bit of technical savvy but its not nearly as complex as building a Linux based PC DVR.   The boxes are designed to be more user friendly and are compatible with typical Windows OS systems that more of us are familiar with.  


This article may contain referral links which pay this site a commission for purchases made at the sites.

December 23, 2014

You Should Buy a House, (Unless you Live in San Jose, San Francisco, New York City, Boston or Seattle)

I'm going to make a broad generalization here :  You're probably better buying a house than renting in most of America.   Only a handful of cities with very expensive real estate are exceptions.   I'd also assume you're going to stay in a home for a reasonable period of time and assume generally average costs otherwise.

I will support this conclusion by looking at cost of housing vs rent in each city from my old article
Estimating Rental Investment Returns per Major Metropolitain Areas  And then I can take those and figure which cities favor renting vs buying.    The New York Times has a nice buy vs rent calculator to help you figure if buying or renting is a good idea.    So I simply take the figures for median home values and rents from my article and plug them into the NYT calculator.   To make it easy I started with the cities where being a landlord is worse deal which means that housing costs are high compared to rents.   I can do that by looking at the sorted list of lowest return for rent/housing cost.   San Jose is at the top of the list and the NYT calculator says for the $570,000 home cost there you are better off renting if rent is $2,066 or less.   But the average rents are $1,460 so yes in that city you're generally better off renting.   I went down the list and had similar results for San Francisco, NYC, Boston and Seattle.     #6 on the list is Providence, RI, where the houses cost $217,000.   The NYT calculator says you're better off renting if rent is $847 or less and the average rents are just a hair more at $849. 

So based on general numbers only the top 5 most renter friendly metros are better places to rent than to buy.   San Jose, San Francisco, New York, Boston and Seattle.   In those 5 cities its generally cheaper long run to rent.  The other 43 cities on the list are all better places to buy than rent.   I would also then make the assumption that the smaller cities and rural areas in the US are generally going to be better to buy than rent as well as generally housing is lower in small towns and rural areas.   Of course there will be exceptions out there.

Of course there are major holes in my methodology here.  I used the average figures in the NYT calculator and thats not something you can assume.  Property taxes, insurance, etc vary widely across the country so to get a better result I'd have to find and plug in the averages for each city.  But thats far to much work for a lazy blogger like myself to do.


December 21, 2014

Amazon Subscribe & Save Filler Items - Updated December 2014

I'd previously compiled a list of items that Amazon sells as Subscribe & Save products that cost under $2 first back in May  and again in August.   But the lists get out of date quick and so I like to refresh them.

Here's an updated list of Subscribe and Save items under $2 picked as of December 2014:

Munik Laksa, 65-Gram = $1.01   (I don't know what this is but its only a buck!!)
Munik Nasi Hainam Hainanece Chicken Rice, 90-Gram = $1.12
Glade Plugins Scented Oil Warmers = $1.32
Bull's Eye Kansas City Style Regional Barbecue Sauce, 18 Ounce Bottle = $1.42
or  Bull's Eye Memphis Style Regional Barbecue Sauce, 18 Ounce Bottle
or Bull's Eye Original Barbecue Sauce, 18 Ounce Bottle
BC Analgesic Powder, 6 Count  (aspirin) = $1.42
Pac-Kit 1-009 Fabric Adhesive Light Woven Flexible Knuckle Bandage, 3" Length x 1-1/2" Width (Box of 8) = $1.42
 Organic Root Stimulator HAIRepair Nourishing Conditioner, 1.75 Ounce = $1.49
Forney 55259 Work Gloves, Polyvinyl Chloride, Large, Black = $1.54
Barilla PLUS Spaghetti Pasta, 14.5 Ounce Box = $1.70
Crystal Body Deodorant Travel Stick, Unscented, 1.5 Ounce = $1.74
San Miguel Ancho Chiles, 3 Ounce = $1.81
Lawry's Seasoned Salt, 8 Ounce =$1.85
 Velveeta Kraft Cheesy Skillets Dinner Kit Box, Creamy Beef Stroganoff, 11.6 Ounce = $1.88
Wish Bone Dry Dressing Seasoning Mix, Italian, 2.6 Ounce = $1.88
Extra Dessert Delights Sugarfree Gum, Mint Chocolate Chip, 15 Count, Pack of 3 = $1.88
Speed Stick Deodorant, Regular, 1.8 Ounce = $1.89
Permatex 25575 Fast Orange Pumice Bar Hand Soap, 5.75 oz. Bar =$1.95

I try to list a variety of items so you'll have a better chance of seeing something on this list that you'd actually get use out of so its not just bought and wasted.

Note the list will get out of date within months or days.   I'll probably post a newer list before all of the above items are gone or have price increases.  But if you can't find something good here you can always go to Amazon and search for Subscribe & Save and sort based on prices nad poke around to find something cheap to use as a filler.

I've discussed before how you can get a  better discount on Amazon Subscribe and Save purchases if you order 5 items at once.  However if you don't buy a lot of stuff then it can be hard to come up with a 5 item order.   However if your products are worth enough then it can be worth it to add some filler items to get up to 5 items to get the 15% discount. 

Say for example, you want to buy a couple cases of Pampers Swaddlers Diapers  that run $45.97 each with a normal purchase.   With Subscribe and save you'd get a 5% get the price down to $43.67.    But if you have 5 items in your S&S order then it is only $36.78 or a $6.89 savings.   And if you're buying two of those then thats double or $13.78.    Adding the 4 cheapest items listed here to the S&S order would only cost you $4.99 total with the 5 item discount so its worth buying those items to get you a net savings of $8.79.

Note if you don't want the filler items and only use them to get a 5 item discount then you can of course always give away the food items to someone you know or donate them to the local food bank.

-- This article may contain referral links which pay this site a commission for purchases made at the sites.

December 19, 2014

Best of Blogs for Week of December 19th

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week

NYT shows us graphically The Rise of Men Who Don’t Work (and What They Do Instead)
found via The Big Picture
plus a county by county map of the % of prime working age men who aren't  working

The Simple Dollar has a nice long essay on How to Find the Best Thrift Stores in Your Area
(spoiler, cliff notes  version : shop at the thrift stores in the rich neighborhoods)

No Nonsense Landlord tells us  How to Get the Best Tenants into Your Rental Property


December 18, 2014

How Do Solar Panels Impact Home Value?

I've looked at solar panels on and off and still haven't pulled the trigger to buy them.   When I've evaluated the benefit in the past I've not placed any value in the panels themselves.  I figured they were just going to be used up and depreciate in value until they are broken and thrown away in 20 or more years.   But that is actually ignoring some good value in panels.   Solar panels should increase the value of a home.   I mean if you're looking at two identical homes and one has a solar panel on it then I'd certainly pay more for the house with the panels. 

If I assume a panel will save you $1 in electricity over 20 years then I would calculate the net present value of that at about $18.36.   I could then add that value to the value of the house.  If the panels are older and maybe only have say 10 years left in their life then I'd cut the value in half.

I found a couple sources giving what they say the added value is : said:

"The National Renewable Energy Laboratory* offers a useful guide when determining how much your property’s value will go up. According to its research, each additional $1 in energy bill savings (from your solar installation) adds $20 to your home’s total value." 
*They had a link to the study but that link is now dead.

An NY Times article from 2011 said:
"The premium ranged from $3.90 to $6.40 per watt of capacity, but tended most often to be about $5.50 per watt."

 Those are different measures.  One is looking at savings to your energy bill and the other is looking at Watts capacity for the panels.   How do they relate?    You'd have to look the amount of sun you get locally to figure that.   In my area I figure roughly that one W of capacity gives me about 30¢ a year in electricity savings.   Of course it will be more or less depending on how much sun you get.

But if I do the math then the NYT source is saying that most often the value is $5.5 per watt.   If one W saves you $0.30 in electricity then that relates to valuing $1 of electricity savings at about $18.33.   Almost exactly the same as my $18.36 NPV guess. 

I think the right way is to determine the energy savings and then figure what thats worth.

Personally I think those estimates are a bit high.   Or at least they seem to really be only looking at brand new panels.   I can see spending that kind of money for a brand new panel but not an older one.

Note that I'm only talking about panels you own outright.   An NPR article pointed out that leased panels can be a negative.   People don't understand the leased system and you don't actually own those panels.  


December 17, 2014

Free Gift Wrapping on Amazon with Discover Card

You can get free gift wrapping on Amazon purchases if you use the promo code DISCOVER and pay with your Discover card.   The deal runs through December 25th.

Note that not all items can be gift wrapped.     And they put some items in gift bags, from "Because of their size or shape, some items can't be wrapped in paper or a box -- so we'll send them in a reusable, festive cloth gift bag."

The fine print in the email I got also says that the offer does not apply to digital content.  So theres that.

--This article may contain referral links which pay this site a commission for purchases made at the sites.

December 16, 2014

5% Cash Back Promo Categories for Q1 2015

Here are the 5% cash back categories for Chase, Citibank and Discover coming in Q1 of 2015:

Chase : Grocery stores (no Walmart or Target), movie theatres, Starbucks
Citi : Macy's, home furnishings stores
Discover : Gas and ground transportation (bus, taxi, rental cars, etc)

You can activate all three right now.

Grocery stores and gas are good categories.   I've got the Barclay SallieMae card and get 5% on those but they're limited at $250 a month.   We don't buy that much gas but we certainly spend more than $250 on grocery so I can use the Chase card for that category for sure.

The average household spends about $330 a month on 'food at home' and $200 a month on gas so 5% back on those combined equates to nearly $80 in cash back for the quarter.     Or about $64 above the 1% you would earn otherwise on typical cash back deals. 


December 15, 2014

Today is the Deadline to Enroll for Health Insurance on the Exchange

If you don't bother to pay attention to news then you may have missed this story.     Today, December 15th is the deadline to enroll in health insurance on the public exchange.    Just an FYI.


December 14, 2014

Get Free Stuff From Pampers

This deal will take a little bit of work and patience and its only useful if you have a need for diapers or baby wipes.

Pampers has a program called Pampers Rewards.   If you buy Pampers products they have rewards codes on them.  You can then claim those rewards points on the Pampers Rewards website.   So if you buy a lot of Pampers and save up the rewards you can cash them in for baby toys or similar kinds of free gifts.   Nothing special here, its a typical marketing gimmick.   Buy $1000 of diapers and you get enough points for a free $8 toy (or whatever).

They also have a deal called Grow on which gives you extra rewards for entering at least one pampers rewards each month for multiple months.   If you do it for 3 months you get a prize, if you do it for 6 months you get a bigger price, 9 months, and 12 months.   So its an extra bonus reward for participating every month.  It I assume helps keep people buying Pampers regularly.

However they don't track when you buy the Pampers items.   So if you're buying Pampers items you can save up your points codes and  redeem them once a month rather then do them as you get them.   If you spend ~$20-22 on a box of wipes packs on Amazon ( Pampers Natural Clean Wipes 12x Box with Tub 864 Count) you'll have 12 codes.  Use those once a month over a year and you'll get all the free gifts.   So even if you use the Kirkland wipes at Costco or some other cheaper brand it could be worth getting some Pampers wipes just for the codes to get the free gifts.

So here's the steps:
1. Sign up for Pampers Rewards
2. Get yourself 12 official rewards codes from purchase of diapers or wipes
3. Each month enter your rewards on the Pampers rewards site.
4. Cash in free gifts.

Here are the Grow on rewards :

3 month :
    100 Pampers Rewards Points
    $5 eGift Card from Alex Toys
    A set of 24 Personalized Labels from Shutterfly

6 month :
    200 Pampers Rewards Points
    A set of 25 Photo Cards (4 x 8) from Shutterfly
9 month :
    300 Pampers Rewards Points
    Personalized 12 month wall Calendar from Shutterfly

12 month :
    400 Pampers Rewards Points
    12x12 Photo Book from Shutterfly
    Melissa & Doug® Beginner Band Set
    Smart Play Pad™

I think the Shutterfly gifts are the best value there.

So for a couple minutes a month for a year you can end up with 24 personalized labels, 25 photo cards, a personalized calendar and a 12x12 photo book.    You may also have enough points from the wipes themselves for a minmal value free gift.

To get even more you can look for free promotional points.  At least a couple times a month I see free Pampers points  shared on the Fatwallet forums free forum.   So you can extra get free points there.  However note that the free online points or promotional points you get do not count for Grow on.

-- This article may contain referral links which pay this site a commission for purchases made at the sites.

December 12, 2014

Best of Blogs for Week of December 12th

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week

From Bankrate, what people really do in retirement :  20 things we do in retirement
(watch TV, sleep and putter around the house)


December 9, 2014

Working at Amazon is Better than Being Homeless

I recently read this article : 'Being homeless is better than working for Amazon'

I"m sure that articles title is purposefully sensationalized to attract attention.    But no, sorry, working at Amazon isn't worse than being homeless. 

Points the article makes :
"Superb performance did not guarantee job security."
 Thats actually true at most jobs really.

" it would be six months before I could receive my first unemployment compensation check."
I don't know why.   Shouldn't take 6 months and thats not under the control of the employer.   Is there more to this story?  What?

" I “flew a sign,” street parlance for panhandling with a piece of cardboard: ... I went to my usual flying spots around Seattle and made more money per hour protesting Amazon with my sign than I did while I worked with them. ... I created carefully crafted signs with cardboard and a Sharpie and, just like that, I was making money again. Hundred-dollar hours became the norm, not the exception."

I bolded the bits above for emphasis.   What this woman is really doing is begging for money and getting apparently quite a lot of it in Seattle.    Thats not "being homeless" thats being a professional panhandler with a successful gimmick.
I think this is the actual story here:   Being a panhandler in Seattle who complains about Amazon is very lucrative.

I'm not saying that I think working in an Amazon warehouse is fun or that they treat their workers well.   I have no personal experience working in Amazon nor do I know anyone who does.   There have been several reports describing the working condition in their warehouses and it doesn't sound fun (see several links in this article).   A lot of that seems to be basically saying that working in an Amazon warehouse picking orders is a pretty crappy job.  Its hot or freezing, its boring, they have mandatory overtime or send you home when theres no work.  its exhausting tough work, they will fire you if you're late too many times, they demand performance quotas, etc.   A lot of that is not so much about Amazon but more the nature of the job of working in a warehouse picking orders.

The 3000+ reviews of Amazon on Glassdoor give it a 3.3 score which they put in the 'OK' category.   So Amazon as a whole doesn't seem to be either a great nor an awful place to work, but simply well... OK.      Its also important, I think, to note that a lot of the people in the warehouses seem to work for temp agencies rather than Amazon itself.   While Amazon is responsible for managing those temp agencies they aren't directly at fault for poor treatment of temp employees working for a third party.


December 8, 2014

Tons of Double Cash Back Stores on Ebates for Green Monday

Ebates has a bunch of stores offering double cash back today for Green Monday.   I don't know what Green Monday is but who cares. 

A short list of some select stores : 52%
Groupon 6%
Livingsocial 6%
Gap 9%
JCPenney 9%
Kmart 9%
Kohls 9%
Walmart 4%
Sears 6%

To see the complete list go to Ebates and then click on the Green Monday banner in the middle of the sites front page.

Standard Ebates blurb:To get the cash back you need to be signed up with Ebates.  Then simply go to Ebates to get the referral to the the store before you do your shopping.  I also get a referral bonus if you use my links to sign up with Ebates

--This article may contain referral links which pay this site a commission for purchases made at the sites.

December 7, 2014

Should I Throw Away Two Light Bulbs?

We have four small recessed lights in the ceiling of our hall.    Originally all four were incandescent bulbs.   They when I used up the last of my remaining incandescents I shopped around for replacements.   The incandescent bulbs were around $3-4 each.   I found LEDs for $10 each and decided to try one.   I bought one Sylvania 6-Watt R20 Medium Base LED Flood and it worked fine.    So then I bought 3 more to eventually replace them all with LEDs.    Another bulb burned out so I now have 2 LEDs and 2 incandescent.

The lights in question are in a main hall so they're on most of the time.   I figure an average of 10 hours a day almost all year.   We'll ball park it at 350 days a year.   Thats 3500 hours of use annually.  Could very well be less than that but I'm just estimating here.   If I replace the 35W incandescents with the 6W LEDs then I'll save 29W each.    That comes out to about roughly 100 kWh a year or $10 in annual savings.    

I haven't yet replaced the two remaining incandescent bulbs because I'm waiting for them to burn out before I replace them.    It just seems a waste to remove a working bulb like that.  

The LEDs are rated for 25,000 hours of use.    The incandescent bulbs are expected to last just 2500 hours.   I think I'm getting longer life out of the incandescents but can't say for sure.  

Lets look at the cost of the bulbs in 100 hour chunks: 

There are two components to the cost.   The cost to buy the bulbs and the cost of the electricity to operate them.

Cost to buy :
LED = $10 / 25000 = 4¢ / 100 hr
incandescent = $3 / 2500 = 12¢ / 100hr

Cost to operate :
LED = 6W * 10¢ kWH = 6¢ / 100hr
incandescent = 35W * 10¢ kWH = 35¢ / 100hr

If I was at the store comparing these two options then there would be no contest.    The LED wins hands down.  It costs 10¢ / 100 hr vs 47¢ for the incandescent.

However I have a partially used incandescent installed right now and my decision is between : option A) leave the LED on the shelf and continue to use the incandescent and option B) remove and throw away the partially used incandescent and install the LED in its place.

The electricity cost is clear.    Option A will cost me 35¢ and Option B will cost 6¢.

How I account for the cost to buy the bulbs in Option A versus Option B isn't clear to me.  For some reason I can't seem to wrap my head around this.   I've already bought both bulbs so that money is spent and its a sunk cost.   But if I use one or the other bulb it will save me buying another bulb which is minimum 6¢ /100hr to operate.  Huh?   I've confused myself.   Maybe a helpful reader can help me untangle this. 

In any case no matter how I cut it I'm pretty sure the 35¢ /100hr electricity cost of running the incandescents outweighs everything else.   Say I figure that throwing away the incandescent is wasting 12¢ for the incandescent bulb and then using the LED costs me 4¢ for the cost to buy that plus the 6¢ in electricity.  Add that all up and throwing away the incandescent and using the LED instead comes out to 22¢ total.   But continuing to pay electricity for the incandescent is 35¢.   So I seem to be spending a minimum of 13¢ / 100 hr to continue to operate those incandescent bulbs.

Bottom Line : yes I should throw away two light bulbs


December 5, 2014

Best of Blogs for Week of December 5th

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week

The Big Picture states No, Black Friday Sales Were Not Down 11%

They also say Once Again, the Gold Narrative Fails

Planet Money has an interesting tale of  How Stuff Gets Cheaper which mostly focuses on the company Monoprice.

DQYDJ tells us Income is Not Net Worth: The Raw Data


December 4, 2014

Fuel Prices Over Time 1979 to 2014

Home heating generally uses gas, electricity or oil.   The prices of those fuels go up at different rates.  (Or in the case of gas more recently goes down).   Lets look at how the prices have looked over the past 35 years.

I got the data from the BLS price indexes.   In the charts below I normalized the prices to 1979 = 1.0 and then adjusted from there.   The 1979 prices were :  Fuel oil was 0.728, electricity was .05 a KWH and gas was 31.8 for 100 therms.   Note the gas data only goes up to 2013.

Annual growth rates for the 34-35 year period are :

fuel oil = 4.8%
electricity = 2.9%
gas = 3.5%

Here are the charts :

(click image for full size)

You'll note that from 1979 to around 2000 that the prices generally grew at a more similar rate and then after 2000 the oil and gas prices jumped drastically.   So looking at just the most recent years :

(click image for full size)


December 3, 2014

$40 of Amazon Gift Cards for $30 via Gyft (new members)

At you can get $40 of Amazon gift cards for $30.     You can also buy other brands of gift cards if you want, I'm using Amazon as its most flexible.   Other options include : Kohls, Home Depot, Starbucks and many others.

1. Create a new Gyft account and you'll get a $5 Gyft credit
2. Use the $5 credit to buy a $15 Amazon gift card using Google Wallet to check out and this will get you the $5 ToysRUs credit
3. Make another separate purchase of a $25 Amazon gift card using FDFAMILY promo code.

This full deal works like this only if you're a new Gyft member and using  Google wallet to check out.  If you're not a new member you can still use the FDFAMILY to get $5 off a $25 purchase.

Total spent $30
Total received $25 + $15 Amazon cards and $5 ToysRUS promo

I found out about this at Fatwallet

edit 12/4 : I changed the steps a bit since they are apparently now not taking the FDFAMILY code along with Google wallet

December 1, 2014

Cyber Monday Double Cash back at Ebates

If you're  doing any shopping today on Cyber Monday then don't forget to use Ebates  for extra cash back.   Today they are running double cash back deals at a lot of major retailers : 52%
Groupon 10%
Living Social 10%

Walmart 5%
Levi's 10%
Gap 7%
The Body Shop 10%
Neiman Marcus 12%
Neiman Marcus Last call 10%
Macys 10%
J Crew 6%
JCPenney 15%
Kmart 8%
Kohls 10%
American Eagle Outfitters 6%
Lancome 10%
Sears 10%
Bloomingddales 10%
Nordstrom 10%

UGG 11%
Dell 4%
HP 6%
Coach 8%
Ultra 10%
Ebags 20%
Lands End 8%
Ashford 10%
Jos A Bank 10%
Barneys New York 10%
Under Armour 10%

Ebay up to 6% (varies 1-6%, see site for specifics)
Amazon up to 8%   (clothing 8%, toys & baby 4%, see site for specifics)

Standard Ebates blurb:To get the cash back you need to be signed up with Ebates.  Then simply go to Ebates to get the referral to the the store before you do your shopping.  I also get a referral bonus if you use my links to sign up with Ebates

--This article may contain referral links which pay this site a commission for purchases made at the sites.

November 26, 2014

My FICO Score HIstory

I've got access to my FICO score for free via both Discover credit card and a Barclay bank credit card.  I occasionally check the scores to monitor them and I've got over a years worth of history recorded.

There has been a little fluctuation in there but in the past 14 months my score has stayed within a 10 point range so thats not really much movement.


November 25, 2014

Citibank 5% Cashback Calendar for 2015

I got an email from Citibank about their 5% cash back categories for 2015.    Here is the table from the email :

Nothing too exciting for me personally.   But I suppose I could use this to get some Home Depot gift cards at 5% off in the spring.


November 23, 2014

One Month of Unlimited Talk, Text and Data for under $15?

 While browsing in the cell phone area over at Amazon I saw a link to a T-Mobile SIM with a $70 unlimited talk, text and data plan for $10.40. 

You can find the SIM here : $70 T-Mobile Prepaid SIM Card Unlimited Talk, Text, & Web

 Shipping is another $4.49 so its just under $15 total.

So you can get a full month of unlimited cell phone use at 4G for under $15.  Thats an awesome deal!

In the details they say that they can move your number but not an existing T-Mobile number.  I'm assuming this is a deal where the person selling the SIM is getting it for virtually free and coming out ahead on the deal and T-Mobile is more or less giving away the first months service to gain a new customer in the process.   I can't help but think this looks a little shady though.    The reviews on the Amazon page seem almost all positive, but thats not conclusive proof since reviews can be faked.

I see another similar deal for a SIM :

$50 T-mobile Prepaid SIM Card Unlimited Talk Text and Web

But with that one theres at least a couple 1 star reviews from people saying that their credit wasn't honored or that its from an unauthorized dealer.

Bottom Line :  I don't know if this is a rip off or a good deal.   Probably best to avoid it though as it doesn't pass the "too good to be true" test.

-- This article may contain referral links which pay this site a commission for purchases made at the sites.

November 21, 2014

Best of Blogs for Week of November 21st

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week

Ritzholz says you should ignore Tony Robinns financial advice and Trade Against a Self-Help Genius

Moneybox gives us America’s Awful College Dropout Rates, in Four Charts

DQYDJ tells us about Net Worth in the United States: Zooming in on the Top Centiles


November 20, 2014

Double Cash back at Ebates

Right now Ebates has double cash back for a number of major retailers with their Holiday Deals.  Current list is below :

Sears 6%
Ugg 9%
Kmart 6%
Lancome 10%
Macy's 6%
eBags 12%
Toms 10%
ULTA Beauty 8%
JCPenney 6%
Sephora 8%
Dell 4%
Lands End 6%
Home Depot 3%
American Eagle Outfitters 4%
The Body Shop 8%
Groupon 6%
Walmart 2%
OshKosh 5% 40%
Amazon "up to" 4%  (applies to clothing, sports/outdoors & music instruments)
Ashford 6%
Kohl's 6%
Ebay "up to" 5% toys & hobies and health & beauty, other categories 1-4%.
LivingSocial 6%
Nortstrom 6%
Under Armour 8%
Bloomingdales 6%
HP 5%
Neiman Marcus 8%

I don't know how long these vendors will have double cash back.  To check the status go to Ebates and then click on the 'Double Cash Back Stores' link in the header.

Standard Ebates blurb:To get the cash back you need to be signed up with Ebates.  Then simply go to Ebates to get the referral to the the store before you do your shopping.  I also get a referral bonus if you use my links to sign up with Ebates

-- This article may contain referral links which pay this site a commission for purchases made at the sites.

Small Business Day Saturday from American Express is Nov. 29th - UP to $30 credit

American Express is again running their Small Business Day on the Saturday after Thanksgiving or Nov. 29th.  

From the Amex site :
"On Nov 29, use your registered Card to spend $10+ in a single, in-store purch at a qualifying small business on the Shop Small Map at and get a $10 statement credit. Limit 3 statement credits per registered Card. Registration is limited."

You have to register your Amex card on their site first, but doing so is pretty simple.  I just logged in then saw the 'offers' and clicked on the button to add the deal to my card. 

The Shop Small Map site will tell you what local merchants are participating.
In the past when I looked at the merchants nothing really interested me enough cause me to make a trip.   But this year I found a brew pub, bakery and toy store all in a shopping mall a few miles from our house that offers the deal. 


November 10, 2014

Our for a few days

I'm going to be busy for a few days so I won't have any posts for a bit.    I"m not sure how long it will take but I expect to at least be back by next week.


November 9, 2014

American Household Debt Components 1989 - 2014 : Mostly Housing

One of the points made in the Survey of Consumer Finances for 2013 report Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances (PDF) is that debt levels are down in 2013 from 2010.   Thats good.    I decided to look closer at the figures for debts in the SCF.

The Survey of Consumer Finances Table 16. has data showing the composition of debt in the USA.   Here's a graphic of those %' distributions of our nations families debts :

(click image for full size)

Immediately obvious is how much the debt for primary home loan mortgages overshadows all other forms of debt combined.    70% of our debt is home mortgages and another 12% is a combination of home equity loans and other residential loans (presumably rentals and/or vacation homes?). 

I'd also like to point out how this chart illustrates the horrible looming disaster that student loans pose to American families.    What you can't see how awful the student loan bubble has become?   Well yeah I guess it is kind of hard to see compared to that giant blue bar for home mortgages.   Isn't it?   Well the education debt level has gone up considerably in the past 20 years, no doubt about that.   As of 2013 the education debt accounted for 6.6% of American debt and back in 1989 it was just 2.4%.    On the other hand in 2013 vehicle loans are only 5.1% of our debt and in 1989 they were 10.6%.   Hmmm.    I guess I don't think thats bad that we've decided to pay for educations instead of new cars... but I suppose thats a personal opiniony kind of thing.

To get a better look at how the debt distribution looks, I'll show the figures excluding loans on primary residences :

(click for full size)
Its a bit easier to see the growth of the light blue education debt bar there.   But its still not really standing out much versus the other forms of debt. 

November 6, 2014

Homeownership Rates by Nation

In the US homeownership rates are now around 65%.   How does this compare to other nations?   Is our 65% a "good" figure?  Or is it too high or too low?   

I pulled the numbers off of Wikipedia and made a chart :

(click image for full size)
Sorry its hard to read the nation names there but if you click the image you can get the full size chart.

Compared to most nations the US homeownership (red) rate is relatively low.    I don't think this means too much.   I don't think homeownership rates really reflect the strength of a nations economy or qualify of life.  Compare Norway (purple) and Germany (green) both nations have strong economies and high  living standards but Norway has 85% homeownership and Germany is at 53%.   In fact more often than not the nations with stronger economies have lower homeownership rates, but thats a generalization with exceptions like Norway.   In general I'd assume that homeownership rates can be based on the cost of housing versus the income levels.   Homeownership may also vary based on how the nation handles debt and its cultural attitudes about housing.   


November 4, 2014

Credit Card Debt Levels 1989 to 2013

Here's a bright side in the Survey of Consumer Finances from 2013:   Credit card debt levels are down and fewer families hold credit card debt.

 Here's a chart showing the percent of households that have credit card debt and the mean debt for families with credit card debt:

(click image for full size)
I got the figures from Table 13 out of the SCF historic tables.

Here's a table of the figures I pulled from the SCF :

% with debt mean debt
1989 39.70%  $   1,800
1992 43.70%  $   2,300
1995 47.30%  $   3,000
1998 44.10%  $   4,100
2001 44.40%  $   4,100
2004 46.20%  $   5,100
2007 46.10%  $   7,300
2010 39.40%  $   7,100
2013 38.10%  $   5,700

So in the 3 hears from 2010 to 2013 the average debt dropped $1400 and 1.3% fewer families  have any credit card debts.   Good job America.


November 2, 2014

Do You Have to Repay a 401k Loan Immediately If You Lose Your Job or Quit?

One of the commonly cited problems with 401k loans is that if you end your job at the company then you'll have to pay back the loan in full.    That could be a real big problem if you're laid off unexpectedly and then presented with a bill to pay off a sizable loan at the same time.  

But is this rule mandatory?   Well no.  Its not really a rule in general. 

My employer does NOT require us to repay 401k loans after ending your job.  

There isn't anything that I can find in the 401k laws or rules that actually says this is a rule.  So its just up to the employer policies.     I am guessing that most employers do require 401k loans to be repaid when the job ends.   I say that given how almost everyone states this policy as if its a general rule.  However I don't have any information on how prevalent this rule is so I am just saying that based on assumption.  

To know if 401k loans from your plan are required to be paid in full when the employment ends the only way to know is to check with the 401k plan administrator or documentation.


October 31, 2014

A very Spooky Best of Blog posts for October 31st

Every Friday afternoon I share some of the more interesting or notable posts that I have seen in the personal finance blogs and other sources for the past week

 MyMoneyBlog shares a 529 College Savings Plans: State-by-State Tax Benefit Comparison

PlanetMoney has some interesting plots covering the 70's to today showing Who Studies What? Men, Women And College Majors   I've looked at similar topics here and here.

Oops. sorry, I forgot to make it spooky.


October 30, 2014

Estimating Rental Investment Returns per Major Metropolitain Areas

The kind of return you can get from a rental property varies a lot based on the local real estate market.   I figured I could use average rents and median home values to give a crude estimate of the approximate rental returns for a given area.  This isn't precise though since the median home will have different characteristics than the average rental.   The home is likely to be larger and have more amenities, etc than a average rental.   But for my purposes of giving a rough gauge of the returns for a rental market, I think it is good enough.

To give a single data point on how the table below might compare to actual property values and rents I decided to look at Vegas.  I pulled up Zillow and searched for houses in Las Vegas from $100-$125k and found a house for $105k with 3 bed/3bath.  Zillow estimates the rent would be $1020.    I then checked Craigslist and searched for 3 bed rentals under $1200 and found a couple houses with 3 beds for $1000 and $1100.    These figures compare to the median home values of $124k and average rent of $957 in the table.  Also of course what I'm looking at on Zillow and Craigslist is in 2014 versus the data below in the tables being from 2011. 

The table below lists the median home values in $1000, monthly rental costs and then the return rate calculated based on simply 12 months of rent / median house costs.   All the figures below are from 2011 as thats the latest I found all the data available.

Metro Home Rent Return
Atlanta-Sandy Springs-Marietta, GA 98.6 914 11.1%
Austin-Round Rock, TX 193.1 930 5.8%
Baltimore-Towson, MD 230.0 1073 5.6%
Birmingham-Hoover, AL 139.8 753 6.5%
Boston-Cambridge-Quincy, MA-NH 346.2 1163 4.0%
Buffalo-Niagara Falls, NY 119.2 682 6.9%
Charlotte-Gastonia-Concord, NC-SC 148.9 820 6.6%
Chicago-Naperville-Joliet, IL 176.5 928 6.3%
Cincinnati-Middletown, OH-KY-IN 122.3 711 7.0%
Cleveland-Elyria-Mentor, OH 105.1 712 8.1%
Columbus, OH 123.9 776 7.5%
Dallas-Fort Worth-Arlington, TX 148.9 863 7.0%
Denver-Aurora, CO 231.4 920 4.8%
Detroit-Warren-Livonia, MI 53.8 805 18.0%
Hartford-West Hartford-East Hartford, CT 227.6 962 5.1%
Houston-Baytown-Sugar Land, TX 155.7 849 6.5%
Indianapolis, IN 123.9 764 7.4%
Jacksonville, FL 123.6 940 9.1%
Kansas City, MO-KS 133.2 798 7.2%
Las Vegas-Paradise, NV 124.7 957 9.2%
Los Angeles-Long Beach-Santa Ana, CA  307.7 1214 4.7%
Louisville, KY-IN 130.4 696 6.4%
Memphis, TN-MS-AR 112.3 805 8.6%
Miami-Fort Lauderdale-Miami Beach, FL 181.1 1078 7.1%
Milwaukee-Waukesha-West Allis, WI 185.2 785 5.1%
Minneapolis-St. Paul-Bloomington, MN-WI 154.7 858 6.7%
Nashville-Davidson--Murfreesboro, TN 151.9 800 6.3%
New Orleans-Metairie-Kenner, LA 153.0 886 6.9%
New York-Northern New Jersey-Long Island, NY-NJ-PA 378.7 1187 3.8%
Oklahoma City, OK 141.6 731 6.2%
Orlando, FL 124.9 970 9.3%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 210.1 957 5.5%
Phoenix-Mesa-Scottsdale, AZ 115.5 893 9.3%
Portland-Vancouver-Beaverton, OR-WA 219.5 906 5.0%
Providence-New Bedford-Fall River, RI-MA 217.2 849 4.7%
Raleigh-Cary, NC 185.2 828 5.4%
Richmond, VA 187.1 925 5.9%
Riverside-San Bernardino-Ontario, CA 172.3 1076 7.5%
Sacramento--Arden-Arcade--Roseville, CA 166.1 1004 7.3%
Saint Louis, MO-IL 121.8 776 7.6%
Salt Lake City, UT  182.2 859 5.7%
San Antonio, TX 152.5 907 7.1%
San Diego-Carlsbad-San Marcos, CA  370.3 1237 4.0%
San Francisco-Oakland-Fremont, CA  483.4 1345 3.3%
San Jose-Sunnyvale-Santa Clara, CA 570.0 1460 3.1%
Seattle-Tacoma-Bellevue, WA 285.0 1037 4.4%
Tampa-St. Petersburg-Clearwater, FL 127.8 906 8.5%
Virginia Beach-Norfolk-Newport News, VA-NC 182.9 1053 6.9%
Washington-Arlington-Alexandria, DC-VA-MD-WV 325.4 1391 5.1%

The markets with the 10 best returns :

Metro Home Rent Return
Detroit-Warren-Livonia, MI 53.8 805 18.0%
Atlanta-Sandy Springs-Marietta, GA 98.6 914 11.1%
Orlando, FL 124.9 970 9.3%
Phoenix-Mesa-Scottsdale, AZ 115.5 893 9.3%
Las Vegas-Paradise, NV 124.7 957 9.2%
Jacksonville, FL 123.6 940 9.1%
Memphis, TN-MS-AR 112.3 805 8.6%
Tampa-St. Petersburg-Clearwater, FL 127.8 906 8.5%
Cleveland-Elyria-Mentor, OH 105.1 712 8.1%
Saint Louis, MO-IL 121.8 776 7.6%

And the 10 worst:

Metro Home Rent Return
San Jose-Sunnyvale-Santa Clara, CA 570.0 1460 3.1%
San Francisco-Oakland-Fremont, CA  483.4 1345 3.3%
New York-Northern New Jersey-Long Island, NY-NJ-PA 378.7 1187 3.8%
San Diego-Carlsbad-San Marcos, CA  370.3 1237 4.0%
Boston-Cambridge-Quincy, MA-NH 346.2 1163 4.0%
Seattle-Tacoma-Bellevue, WA 285.0 1037 4.4%
Providence-New Bedford-Fall River, RI-MA 217.2 849 4.7%
Los Angeles-Long Beach-Santa Ana, CA  307.7 1214 4.7%
Denver-Aurora, CO 231.4 920 4.8%
Portland-Vancouver-Beaverton, OR-WA 219.5 906 5.0%

I was going to add in the property tax rates and figure the return after accounting for average property taxes.  However I can't account for the impact of homestead exemptions so that would make that calculation kind of worthless. 

This does not account for the expenses which vary as well.  
Sources of information :
Rent  rates from the Census
Median home prices from the Realtor association


October 28, 2014

List of Merchants for 5-20% Cashback Bonus at Shop Discover - October 2014

I previously posted a List of Merchants for 5-20% Cashback Bonus at Shop Discover early in this year, but the list has changed a little with merchants being added or removed.   This list is current as of October 24th:

5% cash back 

7 For All Mankind Kohl'
A Pea In The Pod Lancome Lands' End
Ace Hardware LeapFrog
AdvanceAutoParts Lenovo
Aeropostale Levi's
Ann Taylor LivingSocial
Apple Store LLBean
Athleta LOFT
Atlantis and More Bahamas Resorts Lord & Taylor
Avalon Waterways Lumber Liquidators
Avon Luxury Link Macy's
Banana Republic Madewell
Bass Pro Shops Marriott Mattel
Bed Bath & Beyond Microsoft Store
Best Buy MooseJaw
Beyond the Rack Motherhood
Bloomingdale's Neiman Marcus
Bluefly Neiman Marcus Last Call
Bobbi Brown New York & Company
buybuy Baby Nordstrom
Carnival Cruises Norwegian Cruise Line
Carson's Oceania
CB2 Office Depot
Celebrity Cruises OfficeMax
Chadwick's Old Navy
Chefs Catalog Omaha Steaks
Chico's Orbitz
Clinique Origins
Cost Plus World Market Palace Resorts
Crate&Barrel Panasonic
Darphin Paper Source
Dell Consumer
Dell Small Business Perry Ellis
Destination Maternity Piperlime
Dillard's Princess Cruises
Dockers QVC
Dollar Rent A Car Rakuten Ralph Lauren
Eastbay Regent
Enterprise Royal Caribbean
Estee Lauder Saks Off 5th
Expedia Samsung
Express Sears
Fairmont Sephora
Forever 21 Smashbox
GameStop Sony
GAP Sports Authority
Globus Staples
Godiva Starbucks
Gordons Tauck
Groupon The Body Shop
Guess The Children’s Place
Guitar Center The Container Store
Hammacher Schlemmer The Land of Nod
Hanes The Limited
Hanna Andersson Things Remembered
Harbor Freight Tools
Hard Rock Resorts
Harry & David Timberland
Holland America Tory Burch
Home Decorator's Toshiba Travelocity Tumi
Hotwire UGG
HP Home Ulta
HSN Universal Studios Resort
J.Crew Vera Bradley
J.Crew Factory Viking River Cruises
J.Jill Vistaprint
jcpenney Walgreens
Jos. A. Bank Walmart
Kiehl's White House Black Market
Kmart Zales

10% cash back

1800CONTACTS Lobster Gram Lucky Brand Jeans OnlineShoes
Columbia PUMA
Fandango RedEnvelope
Finish Line Rosetta Stone
Foot Locker SaksFifthAvenue
Gaiam Shari’s Berries
GNC Live Well Sharper Image
Golfsmith The North Face Under Armour

15% cash back

Fannie May Candies
The Popcorn Factory
Vision Direct
Wine Enthusiast

20% cash back

H&R Block


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