Elderly parents losing it. I have 5 days. How to set them up for success as they age in that time? One of my parents is basically disabled with early dementia. The other, the caretaker, recently acquired health problems of their own and won’t be able manage their lives as well anymore. I have three young children, alone with my partner thousands of miles away, and I’m the only child and only close family, so my folks are up Schitt’s Creek (si…

Keep grinding to buy house, or upgrade rent. I’m 32 and have lived in a studio apt (180sqft) for 7 years. My rent is amazing for living in San Diego near the beach. Plus my girlfriend just moved in, and we’re doing pretty good together in this small space. In order to move I need to probably pay double for rent and 4x for mortgage. But the dream is to buy a house and have kids… in San Die…

Trying to help my grandparents through a scam. My grandparents are technologically illiterate and seemed to fall for some sort of tech support scam that gave them access to my grandpa’s emails, pc, and phone. I don’t even know where to begin sorting through all of this shit. I am on hold with spectrums fraud team cause they opened 4 new cell phones services and are financing 2 new iphones. I…

Paying for lasik with credit card while I fund my HSA, then “refunding” and paying with HSA? 24 y/o, NYC Hi all, I’m looking at getting lasik in the next few weeks and wanted to check if there were any downsides to an idea I had. I live in NYC and would love to get the huge tax savings of paying for lasik pre-tax out of an HSA rather than post-tax. However, I don’t yet have the money in my HSA to do so. My lasik clinician suggested that I pay for i…

Should I try to buy a house or just invest more and rent? I’m about to turn 23 and live in a decently expensive place, right now if I wanted to buy a house in the area I want to live it would be ~500k and I wouldn’t want to buy a place 45 mins away just for a cheaper house. My rent is ~$1000 ($2900 split 3 ways). If I were to buy a house I wouldn’t want to put less than 15-20% down, and would ideally h…

Worth maxing out 401(k) even with “bad” fund options? ÉDIT: thank you all for the responses, however the focus of my question is not really on expense ratios but rather, considering that the fund options under my 401k are quite concentrated (not diversified across a lot of companies, eg the ones I’m invested in currently have 55% of their holdings in 10 companies), there’s a big risk of losses. Doe…

Should I invest my dollars towards my down payment? 16-20 months Should I invest into an index fund for my down payment? I’m already keeping what I have saved up in a money market fund. Looking to buy in 16-20 months. submitted by /u/Prestigious-Club-284

Should I continue leaving my retirement funds in two separate 401ks? I was laid off from a finance firm nearly 6 years ago and joined another company just a few months later. I never moved or consolidated my 401k balance held with my previous employer (JP Morgan) because I didn’t trust the ability of my current employer (Wells Fargo) to administer its 401k plan properly. Plus I liked the investment options in the…

Santander is holding my money hostage They’ve had my check for a month today 12/22 who can I email or call? My account is closed, a check went there and they said they mailed it but a month later no check so I asked them to cancel it …….theytold me togo inside a branch so I did and …it’s been another two weeks getting any update from the “back office” tht can cancel and reissu…

Working seven days a week to pay down debt I am a teacher looking to pay off my debt. I have approximately $80,000 in debt that’s a mix of car loans, personal loans, collections, credit cards, medical debt, private, and public student loan loans. For the federal loans, I asked about the teacher forgiveness program and apparently I don’t qualify as a specials teacher. And Sally Mae is unw…

Recommended? Book: The Richest Man in Babylon by George S. Clason As title self suggests, I wanted to learn about finance and how to money flows in the society. Is this book good? submitted by /u/igniter14371

lump sum or quarterly payments from Inherited IRA I inherited my mothers IRA when she passed in March, about $125,000. Current plan is to do quarterly withdrawals to cover auto and student loans per month, roughly $10k quarterly withdrawals, which per withdrawal calculators will last about 3.75 years. This will free up about $1,000 or so dollars a pay period, biweekly, of paychecks to put into …

Is it difficult to rent with a bad credit score? I had some unexpected car troubles, so unfortunately I’m letting my car get repossessed since I don’t have the money to fix it. How difficult will it be for me to find even some rundown apartments or trailers in a trailer park that will rent to me with a car repo on my record without a co-signer? I’ve never rented before. I have a stable job, bu…

If you had extra savings to invest in an index fund, would you do it all at once, or DCA over the course of several years? My gut tells me the market is due for a long correction. submitted by /u/Foreign_Standard9394

I suspect that my ex-girlfriend & her co-worker who works for the same bank that I use, looked up my financial information without my consent… Hopefully someone with some banking experience or knowledge of this is on here…. So I don’t have 100% evidence of this but from her words in one of our last conversations on the phone. She accused me of something that seemed very fishy of how she found that out. Her words were “I was told from someone, then had to look it up for myself.” & wi…

Buying a house scares me My wife and I are starting the home buying process. We are looking for a modest home under 400k. We do not want kids so it doesn’t have to be much. I know we can afford the house as we keep ourselves on a strict budget with a lot of our money going to savings and retirement. I’ve been having second thoughts though because if we buy a house we wi…

Should I max out 401k and 457 and roth IRA every year? If I make around $100,000 a year, should I max out my 401k and 457 and roth IRA? I have a public job so there is a pension, and there is no match into the 401k or 457. If i don’t max, should I just invest in the stock market? submitted by /u/blueditUPson

Am I committing the cardinal sin of finance? TL;DR: I want to give a significant amount of money to my father who has poor financial habits. I’m 29F, make $79,000 a year as a data scientist in Rhode Island, USA. Roth 401K – 12% contribution (with match) – $47,500 Roth IRA – $11,800 Emergency Fund: $8500 (6 months of my portion of the rent (with 2 roommates) , food, utilities, and extra a…

I’m tired of being poor I want to get better with my money. I’m 24 years old, I work on the medical field and I make 25/hr,. The most I’ve made in my life so far. I want to get better at spending and saving so I can pay off my debt and live alone again. I have about 8 thousand in personal debt, don’t even ask about my student loans. I really need to get rid of this d…

Can I contribute to my Roth IRA on January 1st, 2025 if my first paycheck of the year won’t come until after that? I get that we can only contribute earned income, but I want to start dollar cost averaging on the first of every month. However I technically won’t have any earned income for the year on January 1st. submitted by /u/ImportantDesk