where should i invest my money? i will invest into retirement and stocks and emergency fund, but will still have a chunk left over. Where should I invest it? it would be around 20k that I wouldn’t know what to do with, this is my first salary so i just don’t know much and would love any insight submitted by /u/Vegetable-Tap-759

Problem in usage of visa gift cards I have a $10 US Visa Gift card, and i cant use it anywhere. I tried bestbuy, target, amazon, everything. Amazon blocked my account on suspicion of fraud, target and bestbuy cancelled my orders. I tried using it to buy something on a chess website, that too would not take it. I am so pissed off there is literally nothing this card can do. atp ple…

Roth 401k vs Roth IRA. Are there benefits to investing in both? I am a small business owner and just opened up a solo traditional and roth 401k. I also have a Roth IRA. I wont be able to max out my 401k this year. What would be the downside of putting the 7k dedicated for my Roth IRA into my Roth 401k? Are there unique advantages to the Roth IRA over the Roth 401k? submitted by /u/sideout25 …

Is having 2 portfolios a good idea? For reference, I have a robinhood account that I keep individual stocks in. I recently opened a fidelity brokerage account for long term investing and put 100 in there every-week into an s&p 500 ETF. Is this something that is benefitting me more than having just one brokerage account? Or should I stick to just having one submitted by /u/B…

Can I put my money in an international bank? Sorry if this is a dumb question. Hypothetically, am I able to move my money from a US bank to a bank that is international and where my money would be safe if something were to happen to FDIC in the US? I know everyone says that won’t happen but just in case is like to know my options to keep my money safe. submitted by /u/aimala148

Brother threw away my w2 while cleaning Brother decluttered his room and filled up two trash cans. My w2 was on the kitchen table alongside his. He did have some of the stuff he was decluttering on there. We searched high and low for it, but my gut feeling is that it got thrown away. Trash has already been collected by the city. Should I be worried about someone, somehow finding it? N…

Saving for retirement – should I start a Roth? I moved to the US four years ago and would like to understand whether I am saving for retirement efficiently. In particular, I’d like to know whether I ought to be contributing to a Roth. I would guess that my income in retirement should be lower than today, which makes me think a Roth is not worth it. But I know a Roth has some other benefits t…

Extremely high peco bill I recently moved into a new apartment and our first peco bill was $158 which i thought was high but not bad at all. Next month was $360 which i was horrified by. Following month $520 WHICH IS INSANE. We dont use any crazy appliances. Just showers washing machines central heat. And since the $300 bill we decided to put our heat down to 68 and it …

A CFP I am considering hiring suggests us to move our retirement investments from mutual funds to individual stocks/bonds. Does this sound typical? I and my husband are around 50 yo and have been considering hiring a fiduciary planner mainly for our retirement funds. We want to get some guidance on whether we are on the right path for saving and also tax management when we retire in another 15 or so years. After interviewing several, we have settled on one that we are most comfortable with….

Bankruptcy Questions I’m going to be calling attorneys about filing bankruptcy soon and thought I’d ask here what I should expect out of it and whether there are any questions I should be asking. I am aware this is a poor financial decision. I’m making this choice in order to prioritize my mental health, which has spiraled downward and destroyed my life. I’m going …

Portfolio tracker with benchmarks Does anyone know of a website that I can plug in the shares of my portfolio and compare it to the S&P500? I’m looking for something that will allow me to analyze annual results for my “Fun” portfolio. submitted by /u/Letmelogin1

Best expenses tracker apps Hi, whats the best expenses tracker app now? Possibile for free, or cheap And which are the features you love about? submitted by /u/East_Intention_4043

Equifax refuses to correct identity theft Hello all, so recently I was the victim of identity theft where I was 16 and someone stole my identity and opened loans and credit cards in my name, when I figured this out I obviously disputed it with the creditors as well as the bureaus, all of them refused to fix the issue even after submitting multitudes of documentation showing my age and h…

Can someone help explain to me why I owe so much in NY state taxes this year? For context, in the 2023 year, I moved from MN to NY, and received $9 back from my federal return but had no money owed or returned for my state returns. This year, as a full resident of NY, I’m getting $91 back from my federal return but I owe $1400 for NY state return. Can anyone smarter than me at taxes help explain why this is the case? I j…

Found out (more like saw the total) I’m 20k in credit card debt. So title says it all. I was looking at credit karma and saw my total credit card debt at 20k. I feel like I’ve barely bought anything and have been making higher than my monthly payments which is taking so much if my monthly income (about $2200 after tax). I also have 30k in student loans. I’m trying to find a debt consolidation company but I a…

I think I screwed up trying to backdoor Roth… 2023 tax year was the first time my income exceeded the Roth contribution income limit. Made a nondeductible $6500 contribution to a new traditional IRA in April 2024 for tax year 2023 and converted it to my roth account thinking it was that simple for a backdoor Roth. However, I hadn’t known about the pro-rata rule at the time… I had ~$30k si…

Not sure how to start thinking for my sister’s ‘retirement’ I am 25, my eldest sister (whom I currently live with) is 53. She has a slew of health issues related to bad lifestyles choices, and she continues to not take care of herself. I estimate within the next decade or so she will be unable to work or quite possibly kicking the bucket. She is bad with money, has negative credit, has 100K+ medical debt…

Switching gears with my budget from cash flowing to sinking funds I’m gonna start sinking funds instead of cash flowing because I wanna use all my extra wiggle room to really beef up/max out retirement. That’s being said, what are you doing with extra gas and grocery money? I was thinking about rolling over any extra into a savings account until I get to a certain amount. Same thing with fun money except how m…

20 y/o in desperate car situation, need advice Hi, sorry if this isnt necessarily the best place to post, I both need advice and need somewhere to just get my thoughts out. I’m a 20 year old part-time student currently on a semester off to work and pay for school. Last year I needed a new vehicle after my previous car a reasonable 2010 Kia Forte finally gave out after 4 years and many many m…

Phantom $600 wage garnishment Hello all! So I’m about $600 and a couple hours worth of my time upset. A law office had issued a wage garnishment for me that I believe was already paid off and/or they issued this when I was on active duty orders. When I got back to my civilian job my first paycheck was garnished $600. I had no idea about this going on spoke to my HR said yes…