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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.

🎒 what to pack in a financial Go bag

Published 3 months ago • 2 min read

Good morning Reader,

The images and video of the wildfires in Los Angeles are awful. I have some extended family in LA and they've fortunately avoided disaster.

A lot of people haven't and it's terrible to see people uprooted from their homes (or worse).

If you're looking for ways to help, the Washington Post has a great list.

​(View this email as a webpage)​

When it comes to life insurance, I prefer term life. No gimmicks or fees with cash value, borrowing, etc., just a cash payout if you die within the term. To compare prices, check out Fabric.

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🎒 Financial Go Bag

A Go Bag is a bag you can grab if you need to evacuate your home in short notice. Sometimes called a Bug Out Bag, the idea is that you have some essentials packed so you aren't trying to pack in a panic.

A Financial Go Bag is the part of that bag that covers your important financial documents. It may not be packed away but you should have all your essentials stored in one place - something easy to grab if you have to Go.

Here's what I put in ours:

​👉 What to Pack in a Financial Go Bag​

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🍫 $12 million Clif Bar Settlement

Last week I shared with you the big ATM settlement, today, I want to share a Clif Bar Settlement. I promise you these emails won't just be about settlements but it's money you're likely entitled to so you should get it!

​📺 Watch me explain it on Instagram​
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If eligible, you can get $5 for up to 30 bars, $10 for 31-59 bars, and $15 for more than 60 bars - without showing proof of purchase. If you have proof, you can get up to $15 for up to 60 bars and then an additional 25 cents per bar with a cap on total payment at $50.

Claim by February 1st.

​👉 Go to the Clif Bar Settlement website​

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💵 CFPB sues Capital One

When Capital One acquired ING Direct many years ago, my ING Direct account was turned into a "360 Savings" account. Eventually, Capital One offered a 360 Performance Savings account, with a higher interest rate and those with the old 360 Savings got something miserably small.

I saw this in my account, blogged about it years ago, and thought nothing of it. Then I started getting emails from readers who were upset they had been screwed out of a lot of interest.

​📺​ Watch me discuss it on Instagram​

Turns out the CFPB got emails too because they sued Capital One - they estimate that Capital One cheated savers out of $2 billion in interest! (even still, Capital One isn't the interest rate leader these days - here are higher rates)

​👉 CFPB sues Capital One for cheating consumers​

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

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Take care!

Jim

PS. My friend Jen published a book, Buy What You Love Without Going Broke, and you should check it out!

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​(see our archive of previous emails)​

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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.

💵 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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