Financial Update – May 2025
Another month, another update. A few random comments.| Frugal Professor
*** Edit 2025 ***| Frugal Professor
Edit November 11, 2024| Frugal Professor
On September 4, 2024, US Bank made big news with their announcement of an “industry-leading” card purported to earn 4% on all purchases (screenshot below). The card started accepting applications on November 14, 2024. In the ensuing 8.5 months, it has been almost comical to behold the meteoric (and inevitable) implosion of this card.| Frugal Professor
Reader Case Study: Finding 7 Figures of Tax Alpha Under the Couch Cushions| frugalprofessor.com
Last month, I received an email from a reader (shared anonymously with permission):| Frugal Professor
My brother-in-law and his wife promised each of their kids a vacation to anywhere in the world upon graduating high school.| Frugal Professor
Another month, another update. A few random comments.| Frugal Professor
Another month, another update. A few random comments.| Frugal Professor
Another month, another update. A few random comments.| Frugal Professor
I’ve used Fidelity’s Cash Management Account (CMA) as my primary “checking,” “savings,” and “cash management account” for over six years. I recommend this setup to my students. I recommend it to my children. I recommend it to you.| Frugal Professor
I’ve been a member of the BoA cult for the better part of a decade now, happily earning 5.25% on “category” purchases with the Customized Cash Rewards card and 2.625% on “non-category” purchases with my BoA Premium Rewards card.| Frugal Professor
Disclaimer| Frugal Professor
If you’ve followed this blog, you will know that I find tracking personal finances both fascinating and insightful.| Frugal Professor
