I've had good experiences with Capital One and would recommend them, especially if you have a branch close by.

You wouldn't expect those things to happen just from changing banks. Their ads are probably overselling what benefits you will receive.

There's probably not much downside to doing this, but just don't expect major changes as a result.

You need to get in contact with other banks and credit unions then. A dealership probably isn't going to hold a car for 2 weeks.

No it's not, it's just making sure you're spending money for a reason instead of just spending everything that isn't associated with a specific saving goal you have today.

I don’t think you’re going to get good answers here. Very, very few people earn over a half million dollars a year and want to send their minor child to another state for that majority of the year. You can clearly afford $70k tuition, so if you think it’s worth it and your son wants to go, who are we to say otherwise? Obviously the frugal option would be to send your son to the best public high school that will take him and not spend the median household income for NYC on his schooling every year.

Because you might think of a specific purpose or have an unanticipated need later and you'll be glad you made saving a priority instead of a last resort.

I didn't say anything about hoarding.

The best place to live would be one where you can live legally. Not sure if this is a thought exercise but the vast majority of earth’s human population can’t just pick up and move to any old country. This question is entirely dependent on your personal circumstances.

You didn't say what you are buying. Or where you are buying it. So I'll make a generalization.

Whenever I see "same as cash" deals, I ask what is the cash price? How much is the store willing to discount the item if I pay using cash? I usually get 10% off. One time, for some furniture, I got 33% off.

Nothing in this world is free. You just sometimes need to dig a little deeper to find out.

Technically, no. A T bill yield is annualized, so you'll earn the yield divided by 12 (months) times 3 (months). And the yield might be higher today than it is in three more moths when you buy another, or vice versa.

I keep it simple with a HYSA and MMF. Although I do have some T bills within my HSA.

If you plan to contribute to a Roth IRA please lookup the backdoor contribution method given your salary level.

there should be resources at each respected school that can answer this type of question for prospected candidates. my major concern would be - can we afford this on one income- in case something happens. you don’t want to have to pull the kid out- that could be devastating long term.

What am I missing on t bills? Am I reading it correctly I can earn more on a three month t bill than I would for a year on a HYSA?

It seems virtually impossible you can’t get a job at these places.

Why didn't they "test" it with, like...$5?

Good point. Probably those places that can only charge $40,000/year for tuition are no good.

I have edited my comment to add that I only meant the good ones.

Most "regular private schools" do not cost $60,000/year. Even in NYC.

There may be one or two that you are looking at the cost something close to that.

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I live in nyc and the cost of private schools here are bizarre.Compared to those boarding schools are cheaper.Good private schools in nyc can have the same fees as a boarding school without providing accommodation.

We live in Brooklyn,NYC. Ik that boarding schools are not a very popular option but my son is interested in going to one. As for my expectations, I think that boarding schools are good for his overall development as an individual and the college prospects are very good for students graduating from these schools.Also the connections made at places like these can help him in the future.

My friend's dad's best friend really never spent anything in life. He never went anywhere, he never bought a single thing nice, etc. He died with 6 million in the bank. While it is an extreme case, he never saw one moment of enjoyment.

Today's people have the totally opposite problem. I don't meet too many people that save "too much." I think one unhealthy trend that I tend to notice on this forum, is putting saving/investing on a huge pedestal, while home ownership is ignored, or even renting favored almost as a form of investment. Where you can take the "difference" of a mortage of a larger home and invest. I don't know anyone who retired comfortably, only with a rental to their name. That is a home payment in perpetuity. What is also lost is the inflation. My 15 year mortgage costs the same as day 1. You'd be hard-pressed to find any rent that is the same as 15 years ago. While I agree this may not be the most opportune time to buy a house, many will never find that right time.

Almost anyplace close to the US in the "tropics" is going to be much less safe than most of the US.

Top 11 Countries with the Highest Homicide Rates*

• Incidents per 100,000 people - United Nations Office on Drugs and Crime 2018

El Salvador - 52.02
U.S. Virgin Islands (U.S. territory) - 49.28
Jamaica - 43.85
Lesotho - 43.56
Honduras - 38.93
Belize - 37.79
Venezuela - 36.69
Saint Vincent and the Grenadines - 36.54
South Africa - 36.40
Saint Kitts and Nevis - 36.09
Nigeria - 34.52

Then the US is 4.96 on this metric.

https://worldpopulationreview.com/country-rankings/violent-crime-rates-by-country

A fair warning with those two fund, the Vanguard Total World Stock Index Fund is basically the equivalent of owning 50% VTSAX and 50% Vanguard Total International Stock Index Fund.

It's personal preference.

If everybody wanted to live in the same place, then nobody would be any place else.

A representative sample of the investable U.S. stock market. It doesn’t contain all small-caps or micro-caps, and some stocks can be determined to not be investable (for example, Berkshire Hathaway was considered to be not investable by most funds before the B share class was created).

To be precise, the fund owns stock in 3,969 companies.