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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

πŸ›¬ Airports give guest passes?

Published about 2 months agoΒ β€’Β 3 min read

Good morning Reader!

The 10-year Treasury is creeping up to levels we haven't seen since 2025 and the 30-year is around 5.27%. Rates are going up. Interest rate traders now see a 66.2% chance the Fed increases the target federal funds rate.

If that wasn't enough, Japan's 10-year just hit 4% for the first time since 1996. That's important because with higher interest rates in Japan, the yen carry trade becomes less attractive.

But, I'm not changing anything I'm doing. I'm decades from "retirement," so my stock portfolio isn't changing significantly. And I'm going to keep money I need in the next few years in short-term funds that offer yield without much interest-rate exposure (because they're short term).

I don't have any variable-rate debt, but if I did, I'd consider whether it makes sense to lock in a fixed rate. With upward pressure on interest rates, a fixed rate could remove the risk of my borrowing costs continuing to rise.

πŸ’² Best Bank Rates (as of 9/2):

πŸ’° High Yield Savings - 3.80% APY + $400 Bonus from SoFi​

πŸ›οΈ Short Term Treasury - VBIL 3.63%, SGOV 3.61%

πŸ“€ Certificates of Deposit (see all 40k+ rates)

πŸ” Below are nationwide rates, CD Valet has local rates which can be higher so click through to double check for your state.

πŸ’΅ Bank Bonuses - $400 from E*Trade, $450 US Bank, $200 Barclays, $400 SoFi, $500 Bank of America & more​

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πŸ›¬ Airport guest passes...

Nearly thirty airports have guest pass programs that allow you to go through security without a ticket.

It's great for when you want to meet up with someone at the gate or if you just want to enjoy the amenities and watch planes take off and land.

It's also free.

β€‹πŸ‘‰ Airport Guest Passes: Programs For Non-Ticketed Visitors Past Security​

πŸ“‹ How I think about life insurance

When it comes to life insurance, I would only consider term life insurance. It's simple. You pay monthly premiums and if you die, your family is paid out.

And that insurance is meant to replace your income. If you die, your family loses your income stream but still has all the liabilities.

So, how much you get will depend on your situation.

I don't want insurance policies that masquerade as investments. I don't care about cash value, borrowing from them, or all the obfuscation that comes with it and their high fees.

If you have liabilities and dependents but no life insurance, it's something to consider today:

β€‹πŸ‘‰ Learn more about term life insurance​

πŸ—žοΈ Money Stuff I Found Interesting

Here are some interesting articles you may have missed:

πŸ’΅ Good Deals If You Need Them

What did you think of today's email?​
βœ… I Loved It! 🟨 It Was Okay ❌ Not My Favorite​

Talk to you soon!

Jim

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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

πŸ’΅ Founder of WalletHacks.com

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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