My cleaner (lady in her 70s) says she got sent to collections, but they won’t let her make payments. Any idea what’s going on? Any advice I can give her? So I’ve had my cleaner for around 7 months now and been slowly collecting information on her situation. I feel so bad for her I just wanna figure out what’s going on so I can give her some advice. Basically, a year ago she was living with her mom and when her mom died she could no longer afford their apartment. She had to cancel the lease and t…

In-laws are Financially Irresponsible and Siblings are No Help I’m sitting here next to my very frustrated husband and wish I knew how to help so I’m here looking for some advice. We (39F & 46M) are comfortable financially. We aren’t wealthy but we live in a nice home that’s in a good school district for our four kids, and don’t have to worry about bills getting paid. My mother and father in-laws however a…

Student Loan Payment I am (28) getting married this year. As a wedding gift I’d like to pay a significant amount if not all of my fiancés (24) student loan debt so that we can be debt free as those are our only forms of debt and want to put that money towards home, family planning and vacations etc. Unsure of interest rate however 10k is a on a card which I’m sure i…

Getting out of CC debt with Low starting hourly job Hey all 27 year old here with 4 credit cards totaling 13k in credit card debt. Was young and dumb. I have an hourly job that is part-time but can pick up as many hours as are put up to cover the operation of the job. 30 to 40 a week. I’ll usually make 800 to 1000 a check, but it quickly goes away with rent and car payments and that such. Interes…

18 year old about to get 70k+ I M18, just turned 18 2 months ago, and this is important because today, I had a conversation with my parents and a person from a insurance company about getting money for a car accident I had when I was 14. Now I’m 18 they think it’s right for me to get money since I have to pay for healthcare myself now and there could be costs coming my way. …

Employer potentially paid me too much Hi! I’m not sure if this belongs here- basically, I was working part time for a local university, hourly. They then converted me to EHRA, for $43,800, over six months. I signed a contract. It didn’t say full or part time, basically just a stipend over a period of time. I questioned if this was correct, and HR and the person who wrote the contrac…

I have 13k cash, and no debt… I’m currently in school to get a CDL job. My only debt is my house and vehicle. Should I pay down my vehicle? What should I do with my 13k? I am thinking about getting the CDL job, selling my house and car and living the trucker lifestyle. Saving enough to buy my next house outright. I also have about $200,000(ish) in settlements that will be co…

Looking for advise on new job ! Hello everybody new to this thread! Im going to try and keep it short my apologies if it’s long! I need advice on a knee job opportunity that has come up ! To give some background at my current job I work at I make 50k a year and my position maxes out at 60k ! I love my job ! They also allow me to rent a house on the property for a cheap 300 dol…

What do you do after you have your “life together” financially? So let’s say you have your house (with a mortgage), and a career. You’re a family of 3 and the annual income before taxes is $105,000. With a good budget. What’s the next step in life to create more money. I’d like to start a small business, and learn to invest. I don’t know if investing is worth it with such little to invest. But I went to col…

Mortgage rates don’t seem to go down even at 780+ credit score I am looking to buy a new home and sell my first one. I know how interest works and how mortgage interest rates work but not how they are calculated. I am looking to buy a home and have an essentially perfect credit score. The first lender I went to look at was shocked when I said as such and she confirmed with a soft credit pull, I assume the s…

Employer switched retirement company, I’m new-ish to investing. Are these options good? Hi all! My job recently switched retirement companies from ADP to Voya. I am working on updating my retirement profile as a result as I had managed my own investments through ADP when we still had it. I’m 24, married, no kids, with some student loan, credit card, and car debt. I contribute 10% of my paycheck (5% Roth, 5% Pre-Tax) and my employe…

New home and keep old home Looking for feedback on renting my current home and taking on a new mortgage. Current home is $2100 mortgage @ 2.875% with a $330k balance. Comparable rentals are between $2100 and $2500/mo. We plan to self manage the rental. Proposed new mortgage of $475k @ $6.875 for a total of $4300/mo Late 30s with a $220k combined income, $140k savings, $25…

What programs do you recommend to track finances? I’ve been using Quicken for a couple decades. It was fine before it became subscription based, and I sucked up for a few years but now I’m just done with it. Their app is absolutely useless, and when I logged onto my PC last night, everything is gone. It supposedly backs up automatically, but the most recent backup I could find is from 2023, so …

Is it better to buy a good used car or brand new? Soon I will have a new baby which means I need a three row car to accommodate three car seats. I can sell my car to a family member for $20k and I am eyeing a Hyundai Palisade or Kia Telluride. Good used ones are around $35k – $45k with less than 30,000 miles. A new one is around $55k. I plan to keep this car for as long as it runs, my kids wil…

New job, new health insurance? Hey y’all, I’m looking for some advice on health insurance! I (29m) am currently on an employee +spouse plan from my wife’s (28F) employer. I started a new job today and have a wealth of options to choose from. The extra twist is that we are expecting a baby in June. I don’t expect to have high health care costs, so I’m considering switching mys…

Getting to invest for short term I recently came across a lot of money at least for me about 120k. I am financially illiterate and pretty scared to invest my own money I think I’ll just mess it up and lose it all. But I’m currently in a sort of transitional period in my life and I am going to want to buy a house in about 5 years time. But needless to say I don’t want that money…

30 – Just Married and Residency My wife (30 F) and I (30 M) got married April 2024. Bought a house together in May 2024 ($2,770 mortgage escrowed). No kids. She is now a resident and makes $68k a year. She has $121k in medical school loans at 6.13% interest rate. She started in mid June 2024, so she generated around $36,000 as income this year. I own my own small business as a…

Is buying a new car a really bad idea? I make 80k pre tax. My month paycheck is $4800 after 401k, HSA and health insurance. Additionally I can afford to save $2000 out of the $4800. But I’m planning to not have the minimum car payment for more than $500/month. I am planning to keep this car for 10 years at least. Car insurance will be $1400 per year for this new car. I’m also moving …

Reducing my 401k contribution because I max out early? 2024 is the first year that I made enough money such that I maxed out my 401k early, specifically sometime in late September. I have been contributing 15% and my last several paychecks of the year were pretty healthy. I did some simple back of the napkin math and found that I can lower my contributions to 12% and still max out my 401k, but give …

2024 Roth IRA Contribution Hey everyone, I have a seemingly simple question. I just opened a Roth IRA this month (January 2025). Is it an option to contribute to a 2024 Roth if I didn’t have one in 2024? I’m just hopping on the train with all this and I would love to get another year of investment if I still can. Thank you! submitted by /u/Brestess