Author Topic: Net spend the party's over  (Read 1388 times)

Polish_Hammer

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Net spend the party's over
« on: June 01, 2016, 07:47:26 PM »
I just set-up my net spend account and received a notice of policy change effective July 1st.   Net spend savings apr of 5% has been reduced to 1000 or less

Heckler

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Re: Net spend the party's over
« Reply #1 on: June 01, 2016, 10:24:23 PM »
yeah, my mom's Netflix isn't letting me login either.   Party's over.

TheAnonOne

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Re: Net spend the party's over
« Reply #2 on: June 02, 2016, 01:36:16 PM »
yeah, my mom's Netflix isn't letting me login either.   Party's over.

While, off topic, I get the sentiment. Losing 5% of 4k a year (not compounding) is only $200. Even then, it won't cost you $200 a year... you will simply move that 4k to something else... VTSAX returns 2% in dividends every year anyway. (Bonds, even more so)

Zoot Allures

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Re: Net spend the party's over
« Reply #3 on: June 02, 2016, 03:13:48 PM »
yeah, my mom's Netflix isn't letting me login either.   Party's over.

While, off topic, I get the sentiment. Losing 5% of 4k a year (not compounding) is only $200. Even then, it won't cost you $200 a year... you will simply move that 4k to something else... VTSAX returns 2% in dividends every year anyway. (Bonds, even more so)

I think a lot of people (myself included) used NetSpend as a profitable place to park their emergency funds, not as an alternative to investing in stocks.

Heckler

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Re: Net spend the party's over
« Reply #4 on: June 02, 2016, 05:32:50 PM »
I have no idea what net spend is. 😈