Should I get a Roth IRA? I’m 20, I know absolutely nothing at all about personal finance, investing, and I barely know what taxes are. I’ve only filed taxes once using TurboTax, and I’m barely making any money–buuuut– I was curious if I should make a Roth IRA account at the bank? I’ve been hearing that it’s a good idea if I ever plan on retiring, but every single vide…

Seeking Advice on Debt and Financials for Older Parents Hi everyone, I’m looking for some guidance on my parents’ (70 and 63) situation: Monthly Income: Currently $3,000 from Social Security; we’re applying for another $800 for my mom (total potential income: $3,800). Monthly Expenses (approx. $4,974 total): American Express CC Payment: $1,150 Discover CC Payment: $366 Mortgage: $1,800 (Insurance…

Dad is filing for bankruptcy, we have the same name and address. He is afraid it is going to complicate my life quite a bit. Factors at play: *My dad lives in a different state, but has been claiming domicile at my house. He used to own it, I bought it from my mom after they split about 8 years ago. *He and I have the same name (I am a “II”). *We went to the same two colleges, for both undergraduate and mas…

Buy a car, to get to work, to pay for the car. I (26M) purchased my 2013 KIA optima SX Limited in OCT. 2022. My first car. 23% APR. Monthly payment of $435. Pay off quote of $12,000. No accidents on my record. Northwest Indiana, low cost of living area. I bring in $4,550 net. Paid weekly. $2,350 of this is fixed, including my current car payment and all other debt payments. Roughly $30,000 i…

ER bill for one night stay $3700 – Co insurance portion! Any other options? We went to an ER visit for an allergic reaction at a local hospital (NC) and we got a bill (After the insurance claim) of $3,700. What options do we have? I don’t have that amount of money sitting around to pay, unfortunately… submitted by /u/Longjumping-Oven703

How do I go about investing money for my baby? I started saving $10 a day when I found out I was pregnant, along with any money she recieves as gifts from f&f. I now have about $5000 saved up for her. It’s just sitting in a checking account. How would I go about investing it for it to grow? Do I just go to my bank and tell them to do it? Should I put it in some kind of app like questrade and…

Google Rolls Out ‘Veo 2’ Video Generation For YouTube Shorts via @sejournal, @MattGSouthern YouTube upgrades Dream Screen with Google’s Veo 2 video generation model, enabling faster AI-generated backgrounds and standalone clips. The post Google Rolls Out ‘Veo 2’ Video Generation For YouTube Shorts appeared first on Search Engine Journal.

WordPress Foundation Suffers Setback In Trademark Application via @sejournal, @martinibuster WordPress Foundation faces setback in attempt to trademark “Hosted WordPress” and “Managed WordPress” The post WordPress Foundation Suffers Setback In Trademark Application appeared first on Search Engine Journal.

$16,000 in debt from unsecured loan / lien on vehicle Hi everyone, I could really use some advice on my financial situation. I’m a 41-year-old woman with about $16,800 left on a high-interest loan (32%) that I took out in 2020 to settle $24,000 in credit card debt. The loan is secured by my 2010 Hyundai Elantra (worth almost nothing), and I can’t sell or do anything with the car until the loan is p…

26 y/o, should I put $2k a month in an index fund for a home or get a loan and leave it? I am debating the best route here. I will be able to save $2k-2.5k a month. I can build a decent 1000-1500sqft home for $100-120k(cheaper if I opt for less land? Dad is building a 2600 sqft one for $160k(including 20k for the 3ac land, almost finished with the home) At my savings rate, I could build one in about 3-4 years. I’m torn between eithe…

Pay Off One Credit Card (of Two) w/ No Emergency Fund Hi all. This might be a simple question? I have $5000 in the bank. That’s all the money I have in the world. One of my credit card debts is $4000. (The other is $10,000.) Is it best to just dump $4000 into that first debt right now and have it clear? It seems wise to be rid of it, but it feels so wasteful at the same time to just get rid of esse…

Transamerica IUL: Surrender charge? Can someone help me understand surrender charges? My friend sold me an IUL policy in 2022. My monthly premium is $135. After reviewing the fees and thinking if this policy is worth it. I don’t think I should continue. I’m single and don’t have any dependents. I contacted Transamerica about terminating and they told me my surrender charge is $4k…

Budgeting and tracking expenses I need some advice on some platforms that help me manage my expenses. I have a hard time tracking them and it ends up costing me a good $100+ extra dollars a month because I simply forget to cancel subscriptions. Any help? submitted by /u/Good_Beautiful_731

Advice for a young couple? Hi! My husband and I are 23, our combined gross income is about 70k in WV. Very low cost of living here. We have about 750 credit scores and our mortgage is about 700/month. No credit card debt, paid off cars, and I have a bachelors degree and 20k student loan debt. We’ve been each others only family since we were 17. The question is, what shoul…

Should I take state pension job? Scenario #1: Civil Service job pays $108K, no step increases EVER again as its the highest step. Only raises are cost of living each year not guarenteed (1-2%). Will need to work for 20 years to collect pension which is 35% of 3 highest years average. This is NY tier 6 if you are familiar, it kind of sucks. I would retire at 63. The pension woul…

Retirement budgeting advice – calculators seem way off Like the title says – I’m trying to really plan for retirement (based in the US), but I’m having difficulty understanding how most of the online retirement calculators (Fidelity/Nerdwallet) come up with the number, other than an arbitrary 80% of my income. Am I missing something? My current income sustains a family of 4, including a not insigni…

Google Updates Product Markup To Support Member Pricing & Sales via @sejournal, @MattGSouthern Google updates structured data guidelines, enabling merchants to showcase sale, member, and strikethrough pricing in search results. The post Google Updates Product Markup To Support Member Pricing & Sales appeared first on Search Engine Journal.

Finishing my 1-year emergency fund, needing encouragement Throughout a terrible six months after a layoff, I never needed to use my six month emergency fund because of side jobs and just grabbing any work I could find even if it was just food delivery. Now that I’m settled back into an office job at a better role, I’ve spent the last four months in full hording mode. I have two contact gigs from my lay…

What is the best credit card to get after Chase Sapphire Preferred? Currently planning to pay for a wedding For further context, I recently got engaged and was thinking about opening up a new card to get the sign on bonus to hopefully help pay for the honeymoon. Currently have the Chase Sapphire Preferred and have utilized it pretty well which allowed me to travel to Europe last year. Before I start swiping my card for this wedding, would it make sens…

Does replacing ESPP shares with lower priced shares make sense? Hi, I participated in my employer’s stock purchase plan ESPP which offers a 15% discount on the lowest price during a purchase period. The problem is I now own thousands of shares and the share price has lost 75%. I left the company and am now returning, so all my shares currently in the plan are long term, though at a loss. Does it make sense t…