Employer “may” make contributions to 401k? I’m currently enrolled in my company’s 401k plan. The enrollment started at a minimum of 6% and I’ve kept it that way. When we were told about the plan initially it was under the assumption it was employer matched. However, during the time I’ve been enrolled I haven’t seen any information regarding an outright match. I asked around to some cowor…

What do you even do when your car dies but you still owe $$$ on it? Ok so my car’s basically given up, like engine’s dead, 130k miles, just totally done. Ugh I still owe like $6k on the thing. I wish I could just set it free and be done with it, but turns out loans don’t work that way lol. I’m already in debt (like $15k ugh), so I can’t really take on another car loan. Anyone been through this mess? Is letting t…

Won $10K vacation, paid tax, canceled…how recover taxes? In 2022 my wife and I won a $10K vacation to Israel at a charity dinner. The travel agency that donated the gift sent us a 1099. On our 2022 taxes I declared it as income. Later we booked the trip in November 2023, but a month prior the war broke out. The travel agency canceled the trip, but could not recoup the funds they paid for hotels, airli…

I feel like I’m watching my friend financially crash and burn I have a friend who is struggling with their finances, but seems very casual about it. It’s stressing me out, and I wanted some opinions on the situation to know if I’m crazy and this is normal to juggle so much debt around. They are in their 30s and when they were younger, they opened over 10 CCs and have debt to pay on most of them, if not all…

Didn’t exercise my vested options and feel like an idiot I started a new job after being at my former job for over 5 years. It was a startup that during my employment got acquired. They paid out my vested options at the time of the acquisition, but I still had unvested options from grants that were converted into stock of the larger (now parent) company that I could’ve exercised. And the stock value o…

Moving to the U.S. and starting from scratch – Financial Advice Needed Hey everyone, I (M28) am moving to the U.S. (NYC) next month on a green card. I have $3,000 to my name, which will need to keep me afloat until I secure any job I can get to start with. I have no debt and can live pretty frugally, as I’m already used to it. I’m seeking financial advice to help me start off on the right foot. Any tips would be gr…

Paying off credit card debt directly vs personal loan? I am at a crossroads on what to do about my credit card debt and the best way for me to go about paying it off. For background, I have three credit cards each having an APR 25%+ and a grand total $35k in credit card debt. I’m employed and pay at least the min. for each card every month but have found I’m not making a dent. I want to quickly make…

Should I Pay Off Mortgage Early? Hello! My wife and I are trying to decide if we should pay off our mortgage. We understand that we could put this money in the market, but we’d love the piece of mind that a paid off house would provide. HHI: $170k Mortgage: $80k @ 4.99% (house value of $530k) No other debt We are both maxing out 401k & Roth IRA. After paying off the house, we…

Totaled a car, was told GAP would pay it off completely but didn’t read the fine print. I bought a used car in 2021, with an average amount of miles on it. I drive a LOT. The car was a 2018 model, and most of those have currently 80-90k miles on them. Mine had 117k, most of my driving is to and from work (I work all over the state, mileage is reimbursed). I hit a deer in November, car was totaled. Insurance wrote up the valuation r…

I’m switching jobs. I understand that I get to spend what’s in my FSA (even though it’s just January and I haven’t contributed much). When do I have to spend this by? My JOB ends in the middle of the month. My BENEFITS continue to the end of the month. So, when do I have to spend the funds by? submitted by /u/deane-barker

Moms life insurance policy My mom died when I was 13 and had a 100,000 life insurance policy where her mom was the only beneficiary. I just turned 18 and I’m being told that I can claim this policy because I’m her next of kin. But my uncle is saying since he paid for the cremation and other things after her death for obvious reasons that I have to pay him and all her othe…

Possible to be denied job due to high debt? Hi, so I’m applying for a job that obviously requires a background check. I do have a low credit score due to credit utilization. I have about $50K CC debt, and an unsecured personal loan for $25K. To be very clear, I have never missed a payment in my life, and have no other negatives in my credit report (collections etc). Could high CC debt be…

Landlord is selling home in order to avoid capital gains tax (Alaska, US). Here’s our scenario. The owner of the home we rent is a good friend of ours. They bought another home in the area and offered us this awesome space to rent. They lived in this home for 10 years prior to us, this fall will make 3 years of us living here. The home is valued at around 600,000 usd. To avoid having to pay the huge capitol gains tax w…

Hospital bill more than 3x higher than good faith estimate. I plan to dispute. What happens? What do I need to do? Long story short, my surgery was originally supposed to be $14k and $2.5k would come from my pocket. Now they have turned around and said that the surgery was $54k and $6k has to come from my pocket. Comparable costs for said surgery were $11k in my area. I called the billing office and told them it was BS and I can’t afford that. Then they said…

Google Rejects EU’s Call For Fact-Checking In Search & YouTube via @sejournal, @MattGSouthern Google rejects EU’s fact-checking requirements for search and YouTube, defying new disinformation rules. The post Google Rejects EU’s Call For Fact-Checking In Search & YouTube appeared first on Search Engine Journal.

Spending ~$3k on hockey per year, should I cut it down? I’m a 23 yo May ‘24 grad in O&G going through my expenses over the last 6 months since starting full time, looking for chances to save. Making $102k/year (made about $55k pretax since starting in July), with $30k saved, no debt. I’m overall happy with my finances but always looking for growth and savings opportunities. I play beer league hockey…

Need help saving and eliminating debt I’m 36 years old. I have ~$26k in debt spread over 3 CC cards. I’ve had a poor relationship with money my whole life, have minimal savings and my finances have been a disaster for a long time. Mostly due to gambling, high risk crypto investments and reckless spending. After a year of therapy/meetings, etc. I can confidently say that part of my l…

How to improve financial literacy with dyscalculia? So I have pretty severe dyscalculia, and had an upbringing that didn’t encourage financial literacy. What can I do now as an early-20s to teach myself? I’m interested in investment particularly. submitted by /u/RealisticAssist420

How can I fix this financial hell I’m in? I’m 26 and live at home still. I started my own business 3 years ago and the first two years were incredibly rough financially. I’m about 15k in debt from credit cards alone ( had to do it to prop up my business and get started) so I’m paying about 600 to 900 a month to just cover the minimum payments on all 5 of my credit cards. I also owe the…

Day 2 Bank of Oklahoma Down Bank of Oklahoma that owns Bank of Texas is usually pretty good but this is Day 2 of customers not being able to access their accounts. Auto payments, Zelle, cards, ATMs etc, everything has been down and being declined since yesterday. Even going in person to the branches doesn’t help. People who don’t have other accounts/credit cards/cash are i…