Should I move out or stay home? I’m a 23F who lives at home right now, making about 55k right now.. will be promoted in the next couple of months so will make closer to 65k. Debating on moving out to my own place for a sense of independence and to make my own decisions. I went through college living at home, never experienced space away from my home. I have no student loan deb…

Best advice for how to handle my money? I’m 23 and wondering what’s the best way to maximize my passive income or whatever, I’m not very knowledgeable in this stuff. I have a ROTH, I have 7500 in that and put $50 a month in because I’m not making much while in college, I have a 4.5% interest savings account with 5400 in that, and 7500 in checking account, should I be putting more of m…

merchant does not want to refund me even though services were not received a few days ago i booked with a trainer & paid full price before the actual day of training. The original time to meet was 9:00am for saturday, after i sent the money the trainer ask me if i can do 3:00pm for the same day which i agreed. A couple hours later he tries to reschedule me again for another day ( sunday) i tell him i cannot do it since…

I’m 29 and just opened a Roth IRA with Schwab any advice is appreciated. Like the title says I’m 29 and just opened a Roth IRA with Schwab. I know some basics, I plan to contribute as much as I can to 2024 before the April deadline and should be on track to max out the $7000 every year by contributing weekly. Any advice on what to invest in and how to split it is greatly appreciated thanks! submitted by /u/Lur…

Pay off Mortgage or Invest in Stocks? So I just hit a $60k gambling win, and I’m torn on what to do with it. Should I throw it at my mortgage, invest it, or do something else entirely? Looking for advice. Here’s my situation: Liabilities: $150k left on my mortgage (3.2% fixed), no other debt Income: ~$75k/year Assets: $30k in savings, $50k in retirement accounts, and the house (wor…

Just moved from Canada to USA for work. What’s the best way to invest and save my money? Hi, I am 23 years old and just moved from Canada to the USA for work. I somewhat understand the different tax shelter accounts available here and I am looking for some advice on how to best invest my money. My main concern is striking a balance between investing in my 401(k) and a brokerage account. Income details: Base income: ~$150,000 (take …

What’s mathematically the best way to buy a car? I’ve seen plenty of posts of what NOT to do, but I haven’t seen much about what the best way to purchase a car is. From what I can tell it’s some combination of the following things: – buy a car that’s 3-5 years old with relatively low miles on it – purchase cash only if you can – use your old car for as long as possible What else should be on t…

Will DCAP limit ever be increased? As is the case for many families, the cost of childcare to enable both me and my spouse to work is incredibly high. After taxes one of our incomes is essentially equivalent to the cost of sending our 3 kids to daycare. My partner will likely stop working for the next few years. It’s disheartening because both of us find our careers meaningful an…

To add to principal or not to add to principal? That is the question. A little about me: I am getting somewhat close to paying off my home mortgage. My mortgage principal paid each month is currently $400. I have been putting in an extra $400 principal for a year or two now, trying to drive down how much interest I have yet to pay. My loan is a conventional 15-year loan at 2.375% interest. Th…

Buying first car- what to expect? Hi! I’m looking to buy my first car and am hitting a roadblock on what realistically to expect in a car payment. I’m 19, I work a secured good paying job, (65,000 a year), and have a credit score of 695. The car I’m interested in is a 2019 VW Jetta that’s priced about $12,500 and I’m looking to put a down payment on it for around $3-4k. I do l…

Adding iBonds to current rolling T-Bills? As the title asks, is it beneficial for someone 10 years from retirement to buy iBonds every year in addition to having a current rolling 4-week T-bill? These act as my emergency fund/cash allocation. submitted by /u/AloeVitE

Should I have zeroed out my credit cards before getting pre approved for a mortgage? I signed up for pre approval for a few mortgage lenders and one emailed me back asking about my “debts” showing several credit cards with balances and minimum payments next to them. We have excellent credit, high end of 700’s, but we put all our spending on credit cards to reap the rewards. They’re all on autopay and they’re completely paid off …

An Eternity of Student Loans I’ve been dutifully paying off my student loans for the last billion years or so and am looking to get aggressive to get these paid off once and for all. I guess I’m finally coming to terms with the fact that no loan forgiveness is coming my way, lol. If it’s relevant, I make too much money for any other kinds of federal aid or revision in repay…

‘Rebate’ on van finance I got a settlement figure off £6,874.84 for my van that for wrote off. I’ve received my annual statement and it’s says rebate £2,091.95. What dose that rebate mean? submitted by /u/cjweedy123

Not Sure what else to Allocate Money to Hello! I (23F) (24 in March) am not totally sure on how to save / invest / allocate my money and I was looking for some advice! For starters, I have no student loans, no credit card debt, car paid off and I live at home, so groceries and other living expenses are all covered. I am very fortunate and grateful to be in this position and I want to …

Planning sabbatical, unsure about how to adjust paycheck deductions Mid-40s married no kids in a HCOL. No debts other than mortgage. Liquid NW ~400k. I am planning an unpaid sabbatical starting anytime within the next 3-6 months. In other words, I’d be quitting my full time job, and losing the salary of ~$200k. Currently, bi-weekly 401k and HSA deductions are set to a number that reaches the contribution limit b…

what kind of small memorial can i do for a cremation I found out my brother passed on friday, he was someone knew alot of people through his life but only was in contact with a small few the last couple of years. He was in an out of jail a few times and was struggling with a few things. Id like to do try to do a gathering for him but i honestly dont think many would come, i would guess 10 max, his…

Divorcing with $40k credit card debt, what’s the best way to handle this? I’m a female with multiple kids. 40 and divorcing (KY, not a community property state) with $40k credit card debt in my name and a joint mortgage with $50k debt remaining. Currently, he’s ok with me being awarded the house, but wants 50% equity. He does not wish to help with the credit card debt, despite much of it being marital due to job losse…

How does this setup look for a married couple (33 and 34) with a 19 month old? Looking to dial in on our cash. How does this setup look so far? Trying to keep the investments as simple as possible for now. Gross income is about $125k, pulling in about $8300 net per month. What can be added and/or altered? Checking: 1-2 months of expenses * HYSA 1: Has funding for remainder of PSLF payments * HYSA 2: 6-12 months expenses em…

Planning retirement as a 24 yo Not sure if this is the right place to ask but should I look for someone to do my retirement for me? I don’t have any debt, my car is paid off and currently still living with my parents. Im not sure if its better for me to look for someone or if theres any book/videos where i can learn about how to create retirement plan. My job does not offer a…