work accident – can’t pay rent I’m not sure where else to post, but I’m looking for advice. 23M Been working two jobs, and about a month ago I had a work accident. At the time, I was able to continue working and it didn’t seem that bad. I continued living regularly, and I was in the middle of aggressively paying off past debt. 10 days later, the seriousness of my injury sets …

A former client not providing payment for services provided in 2024. What are the implications for 1099 filing and taxes? (Illinois, US) I was a contractor (healthcare provider) and the former client was a hospital, and it’s clear that they’re struggling financially. They owe me several thousand dollars but it’s less than $10,000 and is an amount eligible for small claims court in my state (Illinois). They’re several months late on payment, despite me reaching out to them through…

Should I switch to roth 401k? My current salary is just under $80k, with my contractual raise I’ll be making a little over $81k in a little over a month. I have a promotion that’s reasonably likely coming in the first half of 2026 that’ll raise my salary to $100k. I’m currently contributing the maximum to my HSA and 10% of my salary to my traditional 401k. My employer contri…

What steps should I take? Hello, I’m 21yo and relatively new to investing. My current job pays for all of my housing and I get a separate allowance for meals. I gross about $2,200 a month. I pay around $550 for my car, insurance, subscriptions, etc. This leaves me about $1,650 a month for fun money and investing I’m currently putting about 15% of my paycheck into my reti…

Whatbwould you do? 37k owing on car thats worth roughly 30k today. Without going into too much detail, i owe 37k on a car thats now worth roughly 28-31k. 3 years left in loan. Hate payments and i never drive my car it just sits in my driveway. Debt consolidation at the bank says im better off paying it off but i want it gone asap. What would you do? submitted by /u/babushkabosh

What to do with a significant 529 surplus I was generously left with ~300k in a 529 account from my grandmother to spend on my education. I am 2 years into university paying 13k a year in tuition plus 11k for housing. I’m on a 10k per semester scholarship which I have been withdrawing at the start of each semester and investing. I am coming to realize that this is much much more than I …

Need help with my investments Hello, I’m a 20M and I’ll be receiving about $23k in few days, i wanted to know what would be the best or preffered options for me to invest my money for the long term. I have about $30k right now in MF(mostly focused on dividends and index), and i want to keep investing and am not planning to touch them till my late 30s or early 40s after i set…

How do I fix this insanity? We are severely in debt, mainly from taking out loans to try and survive until my disability was approved, which it thankfully was. I know the loans were a very dumb idea, but it’s too late to do anything about them except pay them. What do I do now? After all the waiting and stress over not having enough money every month, now we have just enou…

Medical Debt on Credit Report Hey all, Looking for some advice regarding the CFPB’s new rule on medical debt and credit reporting. Had a hospital bill that I fell behind on and it got sent to collections about a year ago. There are some really great resources around here for negotiating settlements with debt collectors, and I intend to take their advice, but I’m wondering wh…

Planning for Future In-Laws Retirement Context: My future inlaws are great people (51&56), but not financially-literate in any sense. Their care will largely be dependent on my fiance (24M) and his 6 siblings (ages 21-37), but my fiance and I (24F) do the best financially and will be expected to take on a larger share of their care. My partner and I are already contributing 25% to o…

Father passed away unexpectedly and has not filed taxes in about 10 years. I know reddit may not be the best resource for advice and I should probably be contacting a lawyer. I will, but this is my first step. My dad had no assets other than personal belongings and his last paycheck so we did not have to go through probate with his death. However, now it’s tax season. And I’m just now finding out that my dad has not fi…

Dumped Quicken and feeling kind of lost I decided to dump quicken today after being a user since 1992 😭 I mainly used it to reconcile accounts, keep track of income/expenses etc. I was really unhappy with the subscription model, and now there’s a corrupt file that is causing the app to crash every time I open one particular account. It couldn’t be fixed with their help, so I cancelle…

How do you personally valuate job flexibility into dollar terms? Hi everyone, As we all know, comp is only one element of a job and I’m curious how folks here valuate other benefits, such as work flexibility. I’m an early to mid thirties guy who has spent the majority of my career in big pharma at one company. Last year I decided to take a leap and switch to a much smaller biotech company. Thus far I have no…

Is trying to get my parent’s mortgage paid really helping? We’re in Canada. I’m 26, confused about the mortgage and debt, and wondering if my contributions are truly helpful or not. Will a bank force a debtor to remortgage their home? My parents (F50 and M55) have about $130,000 in debt, and that’s about what the house is worth. I stopped renting and moved home when my parents separated, hoping this wou…

If your parent refuses to help you with fasfa forms and you don’t qualify for dependency override how would you pay for schooling and how does private loans work? Any help would be appreciated! submitted by /u/Equivalent-Treat-851

My daughter’s former employer refuses to mail W2 forms to ex employees. Is this legal? The establishment is telling ex employees they need to pick up the forms in person. My daughter’s currently away at college and that seems unreasonable. submitted by /u/jankie_toe

Question about the usability of the bond part of target date retirement funds Almost all the advice I read states to keep a portion of retirement investments in bonds. Then in retirement, when the stock market is down I can withdraw from my bonds and avoid seriously damaging my stock portfolio during a stock downturn. (This is in addition to holding bonds for diversity.) Target Date funds are also recommended as they alre…

Roth conversion – avoid pro rata rule with interest bearing account Ok so I have one traditional IRA I keep open with a zero balance and each year I contribute to it and immediately do a Roth conversion on the funds (I’m too high of an earner for a tax deduction on the contribution if that’s important to know). What I find is I end up getting a tiny amount of interest paid from the very short-lived deposit prio…

Help me math – should I refi my student loan? I have a professional degree which, as a first time college student single-parent bootstrapping myself outta poverty left me with fun student loans. I refinanced my student loans when rates were low, and I’m only recently able to pay over my minimum payment. Lo and behold, my bank won’t let me direct extra payments towards principal. My current …

Found out I have a life insurance policy from AAA Hey all, So my grandma randomly informed me that she has been adding to a life insurance policy that she made for me when I was a baby. She said it has around $70k invested into it. I am wondering what I should do with it. Also, how do I take ownership of it? Can I withdraw from it? What would the taxes be? I am 24 and relatively healthy. I have…