#Business

Advice for where to put at- least 50-100$ biweekly.

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Advice for where to put at- least 50-100$ biweekly. Anybody know of or has invested in a low cost “ETF” under or at 100$ a share with nice annual growth. Or should I just save $ in a 3-4 % high yields savings account. I would appreciate any advice. My goal is just to save, I would like to save at-least 50-100$ biweekly. submitted by /u/Top-Chard7479

Reddit Personal Finance 1.0k 2025-01-22

19, finding out about personal finance and learning about investing has made me extremely stressed and self conscious

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19, finding out about personal finance and learning about investing has made me extremely stressed and self conscious I know keeping up with the jones and accumulating wealth with no goal is stupid, but I feel so conscious now of every purchase. I literally hear 1$=88$ every time I spend now. I want to enjoy life, but I also feel like every time I buy something enjoyable like a coffee I’m robbing my future self. I know my dad had a similar mindset when he was y…

Reddit Personal Finance 1.2k 2025-01-22

What is the next best investment after maxing out my Roth IRA?

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What is the next best investment after maxing out my Roth IRA? In I Will Teach You to Be Rich by Ramit Sethi, he lays out a clear investment order: 1. Contribute to your 401(k) up to the employer match. 2. Max out your Roth IRA. 3. Max out your 401(k) (because it’s pre-tax money that can grow faster, even though you’ll pay taxes later). But what if your employer offers a Roth 401(k)? Since that’s post-tax m…

Reddit Personal Finance 697 2025-01-22

drowning in $30k credit card debt, need advice

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drowning in $30k credit card debt, need advice There is $30k sitting on two credit cards, one at $21k and the other at $8k. between the $1,300 in minimum payments, my mortgage with hoa fees at $2,000, and my car at $900 monthly, my $5k after-tax income feels like it disappears instantly. After a dui, I lost a side hustle doing delivery work, and now i can’t afford basic car repairs. I’ve tho…

Reddit Personal Finance 817 2025-01-22

First time buying SP-500 and I’m very confused

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First time buying SP-500 and I’m very confused I have about 30k available to invest and I thought, it’s okay I’ll put them in SP-500 with chase, so I opened an investment account taking advantage of the fact that my money was there, I thought it was something as simple as clicking on buy lol Now I see that no, that there are etfs and mutual funds, many names of SP-500 and that each one has d…

Reddit Personal Finance 1.1k 2025-01-22

Is it worth paying off a collection debt?

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Is it worth paying off a collection debt? I have an American Express debt that was originally $1108.00. I was like 20 or 21 when I (stupidly) let this debt go to collections. I am receiving email offers now stating I can resolve the entire account for 1 payment of $330.00. I’m tempted, but not sure if it’s worth it…. ? I’ve been told doing this can lead to more harm than good but I’m tr…

Reddit Personal Finance 1.1k 2025-01-21

New employer does Simple IRA through Edward Jones

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New employer does Simple IRA through Edward Jones Hi all, my new employer’s retirement plan is a Simple IRA through Edward Jones with a 3% match. The account is managed by a financial advisor. I would assume they do take commissions, however when I asked my employer about this he said that the company pays for whatever fees/commissions. I’m just wondering if anyone’s heard of something like thi…

Reddit Personal Finance 833 2025-01-21

Drowning in decisions

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Drowning in decisions Making good money – drowning in all the possible decisions I (28f) am currently working a job I love and making very good money in a VHCOL city. I save/invest and have educated myself but still feel like I may be making the wrong (or suboptimal) choices. Hoping to get some advice. Currently: TC: 246k between salary, bonus, equity (have been wor…

Reddit Personal Finance 986 2025-01-21

So far behind – need advice to catch up (late 30s)

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So far behind – need advice to catch up (late 30s) I had a terrible relationship with money until my mid 30s. At 36, I found myself in 50k of credit card debt from gambling addiction and nothing to my name. I got my act together the last few years and now have 0 debt, 8 months emergency fund, but only 50k in my 401k. I’m 39. I dont own any property, but I have the ability to save ~$2,000 per mon…

Reddit Personal Finance 1.0k 2025-01-21

Unable to dent card debt

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Unable to dent card debt Okay, I get it. My poor decisions put me in this spot. I racked up $25,000 in credit card debt over several cards plus $4000 left in vehicle. Credit history of 8 years with 0 missed payments. 687 credit score after the 3rd loan attempt. I haven’t used my cards in about a year now but I legitimately can’t pay off balances. I make $4200/month but …

Reddit Personal Finance 829 2025-01-21

Offer for 95k after graduation and need advice

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Offer for 95k after graduation and need advice Long story short I’m 27 y/o and just barely graduated with my undergraduate degree after dropping out years ago. Super late to the game, but I’m blessed and grateful to receive an offer after graduation with base pay of 95k at one of the major banks in the U.S. I come from a first generation family and I’m the first one to ever graduate, so I’m …

Reddit Personal Finance 884 2025-01-21