Yet Another GenX seeking advice 46 years old. Expat living in Poland. I worked in US right after college for about 10 years before relocating to Europe. Net household income just over 100K USD. No debt of any kind. We own a house (3500 sq. feet on a 3 acre lot 10min from Warsaw). 50K USD in a 4% yield savings account (this in Polish zloty) – this is my emergency fund. About 60…

How much money you spend from the potential you could invest? Totally hypothetical scenario. Let’s say you inherit 100K in some way. As cash, that would be enough for 5 years in your life. Or you could get a nice single-bedroom apartment with that amount. You also have a steady job that makes 20K a year. The base idea would be to put all that 100K in an investment plan. In 10 years that money could be ~220…

Can I afford a home in San Diego? Hi all, I’m born and raised in Southern California (SD). While I’ve also lived/worked in two other states, I moved home a couple years ago as my mothers health took a turn and she needs me nearby now as she is in a wheelchair and dad can’t help her all the time due to his own physical limitations/issues. Being back here has made me realize that …

Estimated taxes after capital gain and safe harbor rule Hey all, I work a regular W-2 job, and had a $100k realized capital gain in November 2024. Based on my rough math, I will ultimately owe about $25k in federal taxes on this. It’s my first time dealing with estimated taxes/safe harbor rule, so just trying to confirm whether my understanding is correct. I realize I will need to figure this out for…

How Do I Get Started with Investing and Roth IRAs at 18? Hello everyone, I’m 18 years old, working a part-time job while attending college full-time. I’m a big saver and try to avoid unnecessary spending since I’m still living with my parents. Ever since I was younger, I’ve wanted to learn how to make better use of my money instead of just letting it sit in my bank account. I’ve heard a lot about Roth…

Received emails from Wells Fargo saying I’d opened accounts? So I just got 4 emails telling me my Wells Fargo application had been approved, a “next steps for you application” email with a secure access code, a welcome email and finally an email saying my delivery preferences had been updated (listing 2 separate accounts). Whoever opened the account used a name similar to my first name. I can’t tell if m…

Emergency Fund Question Hi everyone, throwaway account here I (30M, single) have a question about my emergency fund, I currently have about $10k set aside in it trying to grow it a little more and my monthly expenses are around $3.5k in a HCOL area. I need outside insight on if I should grow it to the full 6 months or keep it closer to the 3 that I have. I have a relat…

SCE bill has quadrupled since last year I live in a 1 bed 1 bath 850 sq ft apartment alone. I work 40 hours a week. I am usually home the rest of the time. I have been living here for a year +. Last year, I paid $42 for electricity. This year, $238. I have checked my hourly electricity and it is now on average 0.8 kWh when it was previously around 0.4 kWh. This trend started in July a…

Need urgent help resolving a lien from Washington ESD before my house closes! Hi everyone, I’m in a stressful situation and could really use some advice. I’m closing on a house on January 21st and planning to sign the documents on January 17th. However, the Washington Employment Security Department (ESD) has placed a lien on my property due to an overpayment determination from unemployment benefits that I received years a…

Best advice for someone who doesn’t know anything about finances I am financially dumb. My dad doesn’t know anything, & I’ve spiraled trying to do my own research online. So honestly I just need basic advice on what I should be doing to make the most of my savings and money situation. I’m 29, I make 27k a year, which I know isn’t a lot, but I’ve been saving pretty much as much as I could for the past 6 years….

What can I suggest to my company to make our 401(k) better? My employer is putting together an internal focus group to collect feedback to “optimize our 401(k)” and I’m part of the group. Unfortunately, I’m not sure what to suggest besides a higher employer match and options for a backdoor contribution. Our current provider (Guideline) offers low cost Vanguard mutual funds, automatic investing, rebalanci…

Help canceling a “lost subscription” Obligatory im a dumbass. Ok, so like 15+ years ago I created an Xbox Live account, set it up for auto renewal. Quit playing a few years later and ignored the annual auto. Well, finally went to cancel it. Problem is, I know NOTHING of this account. I cant tell u the gamer tag, the email associated with it (i think I used an old work email that n…

My job recently started offering Roth 401k should I switch my contributions? Like the title says my job is now offering Roth 401k in addition to a regular 401k. I’m 29 making around 85k. Currently I’m contributing 10% plus a 5% match. Does it make sense to change my future contributions over to Roth? I’m also looking at opening a Roth IRA, but don’t plan to fully fund it. submitted by /u/loganbull

What should I do with $5,500 inheritance? My grandparents have been holding my inheritance from my great gma but I turn 25 in a few months and will be getting that $5,500 directly into my bank. Am wondering what the best way to use that money is? I have about 14k student loan debt that I’m paying down about $70/month. I have about 8k in auto loan debt on my car that I pay down $388/mont…

Monthly Bank Balances This is a post more about curiosity than anything else. I asked my gf and a few friends if they do this and they all said no. So now I’m wondering if I’m just weird. Each month I do a look ahead. Basically what I should expect my bank account balances to be. I’m not living paycheck to paycheck but I enjoy doing a month look ahead to see what m…

Medical emergency on school grounds Wisconsin. Child was taken to hospital by ambulance from school after ingesting food that contained an undisclosed allergen. Medical insurance is refusing to pay stating it happened on school grounds(high deductible regardless). School is refusing to pay stating that medical insurance should. Any advice how to navigate this situation? $9000 bill…

MIL in dire straights – what options exist? Rent/Retirement/Assets I’ll keep this brief but we’re in a tight spot. Writer’s note: this was not brief at all but I feel like all this detail is important. Around a year to 18 months ago I advised my future MIL to get a mortgage. She has a habit of buying anything from anyone that comes to her door – security systems, solar, doors and windows, etc – and she had 6 fi…

IRA-to-HSA roll over I just discovered this is allowed, once in a lifetime, to take money from an IRA and put it into an HSA, with the condition that it doesn’t put you over the maximum contribution limit for the HSA. I had an HSA all last year that I opened but didn’t really contribute to (only like $1 per paycheck). Starting this year I’m contributing to it in ea…

Backdoor Roth IRA Conversion / Trad 401k Rollover Sequence Say someone completes a Backdoor Roth IRA conversion at the beginning of the year. At that time, they have no traditional IRA balance before or after the conversion. Then later on in the year, they switch jobs and roll over their traditional 401k to a traditional IRA. In that case, they have a traditional IRA balance at the end of the year. Does…

Seeking surgery financial advice on a tight budget I have a necessary and complex surgery scheduled for September 2025. To undergo this procedure, I need to travel from the Southwest U.S. to New York to see a specialist. Unfortunately, there’s no cheaper alternative; this is the best option available. The surgery and hospital stay should be mostly covered by my insurance (with a copay), but I’m …