Tag Archives: bank

Review: Capital One 360

I normally don’t review financial products/services as typically everyone’s needs are different. For example, I have a basic credit card with a relatively low interest, but no cash back. I don’t use the credit on my card enough to really benefit from cash back especially at a threat of higher interest rates. However, this is a bank account, and most people need a bank account, right? Now, your bank account may serve you well, and if that is the case – keep it. However, if you are looking for a new account, this might be an option to consider.

I chosen to open a Capital One 360 account for a few reasons. First, my previous account (which I still have the account open) gave me a bank account, but seem to refuse me when I asked for a credit card or a personal loan to consolidate debt, and get a few essentials. With the fact that I already had a credit card and on time payments with them had been 100%, I felt as if I wasn’t being looked at as a customer, but a number with another number attached. With this in mind, I have loss any personal sense of loyalty and commitment to them. I already had a Capital One Credit card which I had for more than 8 years when I applied for the loan, so I had an established payment history – one that was longer than my bank account. So knowing that I will be treated as a number with a big bank like Capital One, I didn’t see much difference in customer relations to what I been dealing with already. Continue reading Review: Capital One 360

Week 45 – 2014

Not much happened this week. I went to the grocery store to get a couple of groceries before I do real shopping. I also got most of the money that Andrea owed, and she said I will get the rest next week. Maybe I should disable data for everyone, and they will get it next week. Otherwise, I have been working on a couple of projects, but otherwise – not much happened this week. As for plans for next week, I will have to get groceries addressed. and I will expect my dog’s food to come in the coming week.

My 7 Month Cashless Experiment

Now, I am not saying that we should eliminate money. At this time, there are simply too many political, logistical, and social issues that will stand in the way of that Utopia. However, I am suggesting that we go Cashless. There is a difference. Money is what we use to trade for goods and services. Cash is the physical representation of money. Since January of 2014, I have conducted a small experiment. I decided to discover the impact and consequences of going cashless. I am the type that wants to be as unbiased as possible, and if I am going to complain about something, I am going to know what I am complaining about, and bring up realistic solutions to whatever my gripe is.

So, what did I rely on, and what happens when someone gave me cash? Well, what I would always carry will be my photo ID, my Google Wallet card which has all of my discretionary money, and if needed – I could transfer money from a credit card to my Wallet account. Last I had my Public Transit card. The ID had nothing to do with going cashless. However, to ride the public transit system, I used the Public Transit Card. When I needed to refill the card, I used a credit card, or my Wallet Card. So what happens when someone handed me cash? Well, I placed it in an envelope and would take that money down with me the next time I would be close to my bank. Once a month, I will take $10 of that cash to do laundry. This is because the Laundromat in Troy Hill supports only cash. Once my money was deposited into my bank account, I can then pay bills, or transfer to my wallet. Also, the shoe repair shop will require a minimum of $10 for cashless transactions. If need be, I will get cash – but will be spent within 15 minutes to address the shoe repair. The only other instance in where there is some form of physical representation will be my Landlord and sending him a check. However, I pay my landlord through the bank’s site and they mail him a check with no additional cost to me. However if my Landlord would take Google Wallet, he could get his money in minutes on the first rather than maybe the 3rd – 5th of the month, only to have to take time to deposit it.

Again, let’s go into the difference between cash and money. Cash is a physical thing. You can touch it, and put it in your pocket. It can be stolen, lost or given away rather freely. Money is the backing of a government and promise to honor a means of trade without having to rely on goods. At one time, cash and money was one and the same. Then came the banking system, and computer transactions. Think about it. If a Millionaire went an bought a $400,000 car – do you really think he is going to bring a briefcase with $400,000 in the dealership? No, he is going to write a check. That check is a promissory note of $400,000 that authorizes the bank to take that money and give it to the dealership. Now, do you really think that banks send large sums of money to each other? In a time before computers – yes. There would even be $100,000 US Notes that could be used to purchase something. These were typically used between banks. Now, it is a simple modification of a computer system and databases. Already – most of the money that transfers and used in commerce is digital. So what are the reasons for not going cashless? Well continue reading

Continue reading My 7 Month Cashless Experiment

Week 26 – 2014

Not much happened this week. I received a little of the money Chris owed me, but not as much as I wanted. I deposited the money into the bank which was then transferred to the two credit cards, and a portion to the Google Wallet. In addition, I decided to upgrade my phone from the Nexus 4 to the Nexus 5. I also learned the hard way that even Nexus devices with T-Mobile is locked to T-Mobile. I requested an unlocked code for my Nexus 4 which the last payment will be paid in July’s bill. The first payment for my Nexus 5 will be in August. Last this week, Chris came by on Saturday for a couple of hours.

As for plans for the next week, I will be expecting not only my normal benefits, but a rent rebate deposit. This is due on July 1, which the money will be used to pay for the dog’s annual visit, and the rest to my credit cards to reduce the money owed. I am also expecting a BAWI site to be registered which I will start to work on (hopefully). I had been a bit lazy on my sites this week, and hope to make up for it in the coming week.

Week 13 – 2014

This week is a pretty quiet week considering it is the end of the month. The first few days were busy. On Sunday, I went to help my brother, and his girlfriend with something. Since there were no buses, I had to walk down the hill, and when returning home, I used Spring Garden Avenue to Lager which was a little bit easier (although longer) than traversing Troy Hill Road. On Monday, I went to the grocery store to get some things I needed. However, I didn’t get everything I needed which was a little disappointing, but I will make due. In addition, I bought a bag of dog food. While I am not low on their food, it is still good to make sure I have a spare bag. Although, I did get shampoo which I was low on. I also got my prescription filled, but didn’t make it to the bank to deposit a $10 check I received. Later in the evening, someone came to drop off money he owed for a small favor I did for him. In turn, I went to the bank on Tuesday morning to deposit the check, and cash. This will then be applied to my Capital One Card that I use to pay bills with.

In addition, on Tuesday, I had to make a couple of phone calls to address a couple of things. Chris also stopped by and spent the night. However this day has been relatively quiet. One of the calls I had to make was for an appointment with my PCP. They managed to get me in the next morning. This however meant that Chris and I left my apartment at about 7:30AM. I went to his place after my appointment for lunch, and then back home.

Continue reading Week 13 – 2014

2014-02-21

Today was an active day, however I would have wanted it to be more productive. Chris spent the night, and had to leave in the late morning to watch his children, which is fine. I had some money that needed to be deposited into the bank which I did that. However, there was a line, and one person seemed to have taken a bit of a longer time to do his business. By the time I got to the teller, and made my deposit, I had to decide to catch the bus, or drop of the prescription for it to be filled on Saturday, and wait an hour. I decided to catch the bus. After that, I walked the dogs, and fed them. I also wrote a blog posting about the Nexus 7 review.

As for plans for tomorrow, I will plan to do laundry, but otherwise nothing else planned. I will also do some personal document work, but otherwise – tomorrow will be rather quiet. I will also be planning on reducing the number of blog posts I will be doing. This will mean at the end of the week, there will be no more daily updates, but instead either weekly updates, or major events.

2014-02-03

Today was my birthday, and not much happened. I made a deposit in the bank, but otherwise – not much else happened. Chris asked me to come over which he ordered a pizza, but that was the most exciting part. I did walked the dogs, and while they were a bit misbehaved on the walk, I was proud of them for behaving when I gave them free roam of the apartment for a little more than 30 minutes. Not sure if I could do that for a few hours, but I will like to see if that could be possible one day.

On some other events, I have been invested in a game called Injustice: Gods Among Us which is a pretty intense fighting game. I am sure for those that are big gamers – this isn’t much, but I still enjoy it nonetheless. I wouldn’t have played it if it wasn’t for me having the Nexus 7. The game will demand too much for my phone and will drain the battery quicker. Otherwise, not much else happened. As for plans for tomorrow, I will have an inspection with Section-8, but nothing else otherwise. If it is warm enough tomorrow, I will like to walk the dogs – but otherwise – it is going to be a quiet day.

2014-01-23

Not much happened today. The dogs got their rawhide sticks which they get one every few days to keep their teeth clean. In addition, I had to go to Downtown to get some copies done. At which point, I will need to address those documents. I also needed to go to the bank to make a deposit. Most of that money will be going to the credit card. Speaking of credit card, I had received a credit line increase which will actually help out a lot.

Once I got home, I dealt with the documents that I needed to deal with, and went on Amazon where I got a few things including a new Kong Toy, Shampoo, two dog back packs (for when weather gets better), a USB hub which will be charging the increasing collection of items that charge via USB, and a blanket. Obviously this was done on the credit card which I will have to make some major payments in return. However, everything will have a big purpose to serve.

Continue reading 2014-01-23

2013-12-27

Not much happened today. I had to go to do a couple of errands, and was expecting to pick up money from Chris, but didn’t get that. Instead, I had a couple of errands including getting postage, pharmacy, and the bank. Once I deposited the money in the bank, I transferred most of it to my Google Wallet. I then returned home from everything, walked the dogs, and fed them. After the meal, I did some work on a PC where the person wanted me to do a couple of things which took about an hour. I returned the PC to the owner, and then spent a little time watching a few videos. As for plans for tomorrow, not much else is planned. I will have to do a couple of things that I couldn’t get done hopefully on Monday. Tomorrow being the weekend – there is nothing I will likely be doing.

2013-12-04

A bit happened today. I got a deposit from Andrea whom paid most of the money she owed, but said she will pay the rest on Friday. However, this deposit allowed me to go to the main street, make a purchase, and pull out $20 from my Wallet which all of the money received transferred to Google Wallet.

Otherwise, not much else happened. The return on the Lenovo Tablet was received in Lexington Kentucky which was the destination city. This will mean it will be returned to Amazon tomorrow. Amazon already processed my credit on my Amazon credit, while the amount charged to my credit card should be refunded by Friday.

Continue reading 2013-12-04