Just got my first full time job at 18 So I just got my first full time making $50k a year. I’m going to school full time too and I’m a little overwhelmed with how I’m supposed to manage the money because I have bad impulse control that I’m learning to manage but I can’t just have it all sit in my checking account. I’m familiar with investing and I’ve traded options in the past and m…

How to help my dad with credit card debt? My dad is quite old, and he doesn’t have a lot of savings. He has a small pension and 401k that he hasn’t taken out yet. He is currently 5 thousand dollars in credit card debt but only works a minimum wage job a few hours a week. He is relying for the tax refund to pay off his debt but I doubt that would help as much. Any advice is appreciated. …

New $40 American Express Ames gift card says $0 balance I just got a new prepaid gift card from my local cvs. I just opened it and activated it. But then I checked the balance on their website and it says I have a $0 balance… this is ridiculous and I’m so mad and confused as to what the problem is… what do I do? Am I screwed out of $40 now or is there something I can do to fix this issue? submitt…

Debt, savings, and how to do this in your mid twenties? 26F, married for 5 years to a 26M. No kids. We made some pretty poor choices in our early 20’s and we’re now trying to climb out. Here’s the situation: Just moved back in with parents so we can focus on fixing the mess. -Husband is getting out of military next month so his income is up in the air- has job offers but nothing concrete yet. I ma…

TikTok Ban Update: Will The Supreme Court Pull The Plug? via @sejournal, @MattGSouthern Will TikTok be banned? Supreme Court hears arguments from both sides, weighing national security risks against free speech. The post TikTok Ban Update: Will The Supreme Court Pull The Plug? appeared first on Search Engine Journal.

Is 401k even worth it with zero match? 32 USA, I’ve always had a good handle on my debt and savings, but just wanted to get yalls opinion on my retirement. My company offers 401k program but with zero match to my knowledge, so ive always figured it wasnt even worth it. Additionally I haven’t really had to much effort into IRA items as my national union has a fully vested retirement p…

401K not offered immediately at new job As title stated, had a sudden change of jobs (company got sold) and the new employer doesn’t offer 401K until 1,000 hours worked. Based on my hours, it’s about 9 months. Once able to, they match at 4% and fully invested Currently I do 13% (5% Roth, rest regular 401). I also put 10% into a HYSA I’m really clueless on what to do until I am able to…

Is Cost of living just housing? I recently did a deep dive to compare the cost of living in my current location vs. some places I’ve lived before. Looking at the official/CPI figures they seem to indicate that EVERYTHING is more expensive when you move to a place with a higher cost of living, down to things like eggs or laundry detergent. However, reviewing my actual expenditu…

Can a collector remove a debt after 7 years and then renew it shortly after as if a new collection? About 8 years ago I had a business and an apartment that had electric provided by the same company. They were both different accounts but same provider. When I moved I closed the account in good standing. Shortly after I closed the business and closed the account. A few weeks later I received a bill in the $700’s for the business which was BS. I…

Need some perspective on my situation I’m asking here because I need people to tell me I’m not an idiot. 29m, in Los Angeles -Own my townhouse, fully paid off -Monthly expenses are 1500-1800 -Have 110k in savings split among several accounts and 30k in equity in cars -Currently am supporting my mom Income to expenses—- I am going to be working 4 days a week, pulling in 43k (works…

(US) I am going to plan my 30’s around paying off a mortgage in 10 years for high stability in my 40s. I’m 30 years old and work around 100k as of writing. It’s all in SPY and some bonds with a bit in HYSA – I think I’m leveraged OK. Over the past few years I’ve done better than average at my post college job, with some years seeing a post-six-figure income coming in. I live in a relatively cheap area, with my parents. The situation, especially …

Would I be foolish to quit my Job to focus on school? Please let me know if I crazing for thinking about this. I can take criticism. I am a remote contractor for the Military as a Data Analyst and I am also attending Online college for my BS in SWE. I am on track to graduate Nov 2025. There are a few reason I want to quit. 1.) My current role has pushed me further from D.S and analysis to Dashboard…

Planning Pregnancy: Which Medical Plan is Best for C-Section (HDHP vs. PPO)? We are planning a pregnancy and trying to decide which medical plan would be the most cost-effective. We are on currently on the lowest premium HDHP Silver plan ($155.49 per paycheck, $4,042.74 annually) with no claims in the past 2 years. I have ~$10,000 saved in my HSA from those 2 years (employer doesn’t contribute). My first child was born v…

Longest 0% Card? Need to spend 32K on fixing house I need to spend 32,000 fixing my house (Foundation), and I’d like to do it sooner than later I have just over $30,000 in my savings accounts for emergencies, but I don’t count this as an emergency so I don’t want to blow out my emergency fund. My luck they start and something else goes wrong and I need to spend thousands extra Longest I have fou…

26 y/o, Looking for Advice around Investing/Saving/Home Purchase for the Future Background: 26 years old. Renting 3bed/2bath apartment. Live with longterm GF and 1 dog. Low/Medium COL. US Midwest. No debt/loans/etc. Own my car outright (bought cash last year, 2020 vehicle good condition). Stable job that I’m not in love with, but can tolerate. I’ve included all my numbers in the tables at the bottom of the post. Starting to…

What if the credit card company closes my credit card account due to inactivity? I have a credit card that I haven’t been using for a few years. I recently received a letter saying they would close my account due to inactivity. I wonder if when the credit card company closes my account that impacts my credit score or if that only happens if the user’s close. submitted by /u/Fickle-University-15

Can I Transfer from Vanguard Brokerage into my Roth IRA? I was working for a company and I quit less than a year so there was no match and I had to roll over into a “rollover brokerage account”. That money is just sitting and I was wondering if I could transfer it from Vanguard into my Robinhood Roth IRA. I feel like I could be making more interest in it if it is in my 401k or Roth IRA because I hav…

Compound interest?? I understand the idea of compound interest. Making interest from the money accumulated through interest. Here is where I get a little confused I guess. I see people talking about compound interest with stocks. If I buy a stock for say 1000. keep it simple it grows by 10%. The stock is worth 1100. If the following year the stock grows by 10% ag…

Investment opinion needed When do you know it’s time to move to a new advisor? Background, for the past five years annual contributions into retirement account have been about $15K, starting basis about $200K. Overall investment returns in the five years have been about $10k loss. I’m in a moderate risk investment strategy. I hear from the advisor: ‘long run, long game’,…

Too much umbrella insurance? I am not an attorney, but I work with one in a large company. We were talking a few weeks ago about umbrella insurance. She said she only carries $1M, because the first thing the opposing attorney will ask for is for the total insurance amount available. She believes a higher Insurance value makes you more of a target. I’m currently insured for …