I’m 37 and I don’t have a penny saved. I’m freaking out. It’s been eating at me for quite some time. It’s ALL I can think about. I have no 401k, nothing. I’m awful with money. I make about 22k a year as a CNA. ($22 per hr) I pay $90 a week in child support (I have three years left…hopefully). I’m on food stamps. My partner is disabled and her checks goes all to bills and rent. It just feels impossible…

401k Trad vs Roth w/ Mega Backdoor Hi all, new here. I’ve been reading guides on the order of contributions and many people recommend Roth. Usually this is considered without consideration of also having a Megabackdoor Assuming I max out my 401k w/ mega (~60k+) and backdoor iras, should I still keep my regular 401k contribution pre tax or Roth? At my income bracket, a pre tax w…

I would like to invest around 10k. But I don’t know where to start. I have around double that in savings but we are also house hunting so it would be nice if I had some in liquid to pay down on the house or closing costs. The investment could be around 10 years long or shorter of course, as I don’t really have any debt right now. I just feel like my money isn’t really working hard enough for me right now. su…

Employer deposited yearly 401k match into wife’s account after she left the company My wife left her company last year but we checked her old 401k and it shows a deposit of her company’s yearly 401k match with a deposit date of today and it is labeled as “trailing”. The account balance is still 0 though. Can her old company still deposit into her 401k if we closed out the account? submitted by /u/IDoDataThings …

Sharing My Yieldstreet Investment Experience I’m sharing my investment experience with Yieldstreet to provide an additional data point for anyone considering investing with this company. If I had come across a post like this earlier, I would have made a different investment decision. In January 2022, I invested $100,000 in the Atlanta Multi-Family Equity fund and $50,000 in the SFR Diversi…

I did a backdoor roth for my wife but she didn’t realize she had money in an old rollover IRA, what to do now? Wife had an old rollover IRA from previous 401k (less than 5k) she forgot to tell me about and I been doing backdoor roths on her behalf for last 3 years. My understanding is this would violate pro-rata rule. How do I fix this on my taxes going forward? Do I need to amend my old tax returns? submitted by /u/TheAnswerIsCytokines …

Am I thinking about taxes the right way Just did my taxes for the first time, I got $2 refund. Which is what I read is the closer to zero the better, is that right? My dad said I should contact my hr/payroll to have out more money out of my income so I can get more back but that doesn’t make sense to me since I put a good amount to my savings each paycheck and calculate my bills accor…

IRA rollover into 401k Looking for some guidance to make sure I am taking the correct steps for the situation I am in. I currently have both a Traditional IRA and a Roth IRA. The traditional IRA was opened several years ago and I maxed it out for one year so there is a minimal balance less than 10K. I have a Roth IRA that I have maxed out for the past 3 years. I now m…

Planning for the future on low/mid income? So I’m 25 years old and have and am making about 2200 a month with about I want to start getting serious about finances and setting for up my future. I have about 750 left each month after expenses. What’s the best way to invest and save to maximize gains? Edit: I’m currently trying to save for a home, so I’d like to factor that into my savings …

American setting up an overseas bank account Let’s say a US resident and citizen was looking to move some money into a bank outside the US. Maybe Switzerland or UK. Does anyone have advice on how to set up such an account? submitted by /u/syracusehorn

helping my immigrant parents as a first gen Hello I’m looking for some financial help regarding my parents. I’m a 21 year old student and am trying my best to become financially literate this year to help myself and my family. There is so much information and so much to learn, there are also many things I do not understand very well. Both of my parents are cuban immigrants and have little…

I’ve made some bad decisions with money. Trying to turn that around. Im 25, I make good money for my age. I’ve made some bad financial decisions leading up to this point. I could have a lot more saved up but early on went into credit card debt. I wanna buy a new car but I want to get rid of this debt first. I also want to explore investing and retirement options. Is it worth hiring a personal finance advisor? Or …

Managing my mom’s finances post divorce Hi folks! Looking for some guidance for how to support my mom while not fucking myself over. My mom is finally getting out of a 40 year emotionally and financially abusive marriage and is currently in the process of divorce. My father has been hording money for decades and mom is likely to get half a million from him in the divorce. My mom has…

How to compare cost of living, salary, taxes, etc.? I’m looking for a good way to compare several cities in terms of cost of living (e.g., house, taxes, food). I found a few resources online like bankrate or best places but not sure how accurate they are. I’m looking for really detailed and current information like taxes, groceries, housing costs in specific suburbs. They also don’t all include t…

Check Fraud at CitiBank I opened a checking account with citibank in December. In Jan, I saw two checks came out of my account (I don’t have any citi checks), with a faked signature made out to someone “Miller” that I never heard of. Both checks come out to about 4000 dollars. I called the Citibank and got the absolute run around. The CSRs were absolutely unintelligibl…

How WordPress Hot Nacho Scandal Shapes WP Engine Dispute via @sejournal, @martinibuster The WordPress Hot Nacho Scandal was a formative event that may have shaped how Mullenweg responds to controversies like the WP Engine conflict The post How WordPress Hot Nacho Scandal Shapes WP Engine Dispute appeared first on Search Engine Journal.

What’s your 401k contribution limit if you are both employed and self-employed? Hi everyone. I just want to double check with others if I’m understanding this right: So for my full time job I work for a company, and in that one I can contribute up to $23,500 in 2025. I also have a side business I started last year, and in that one as both employer and employee, I can contribute up to $70,000 in 2025. Did I get that right? S…

Paid a loan in full but the money never came out of my account. What now? Hey everyone, This is a bit long winded. I’m sorry ahead of time. In September of 2023 I paid off a personal loan of ~$9,500 in full via their online payment system with an ACH payment. They had my bank account info saved on their portal from previous auto payments I had made so I figured I’d be fine. A few weeks passed and the money still hadn’…

My partner’s friend from high school (and our own gullible stupidity) ruined us financially. Help/productive advice is welcome Debt Disaster Hi all, I’m making this post hoping for some (any) advice, or to see if any of you might be kind enough to point me in the right direction. My partner and I got scammed. It all began when he started working with one of his friends from school. This guy claimed that he had been super successful with online stores and real estate (h…

Stay at home mom 401k I have about 25k in my previous employers 401k account. I’m a stay at home mom and don’t plan to return to workforce for another 2-3 years. Would it be smart to leave the money where they are now? Should I open a Roth IRA account? I don’t need to access these funds in the near future. Any advice is greatly appreciated. Thank you submitted b…