21. $50k saved. Where do I invest it? Hello, I come here looking for any financial recommendations. I am 21, I work full time no college or further education than a high school degree at the moment. I live with my parents they are not rushing me to move out so I am looking to invest. I know it’s not smart to have this money sitting but I’m not sure where to put it. I want to buy a h…

International Credit Card Debt Hey Guys, I lost my job recently and have an enormous credit card debt, I am thinking of leaving the UK permanently can I be chased internationally? Debt is about £20K what can be risks and if there is any way I can deal with this any other way? Do you know if I can file for bankruptcy? I appreciate any help you can provide. submitted by …

Should I change my 401k back to pre tax? My job offered a Roth 401k years ago and it seemed like a good idea at the time. I see mixed opinions on whether to keep a standard 401k or Roth. I plan to hopefully retire before 65. I will most likely make more each year in my corporate job so I expect to be in a higher bracket when I start retirement. I like the idea of not getting taxed but …

already on a payment plan for 2 years ago taxes. I have nothing saved for this years taxes. is there a way to combine the two years of back taxes into one consolidated payment plan? I could use my emergency fund to pay for the 2024 taxes, but then I have nothing left. I do have excellent credit so one of my options is def opening a new zero interest card to pay the new taxes. I could also take the short payment plan which doesn’t have …

Medical Debt – appearing on credit report after 6.5 years. What do I do? I have some old medical debt (1.3k) that I just never paid and it never appeared on my credit report so I didn’t think much of it. Got a few letters through the years but it never hurt my score. I checked my report today and my score had dropped about 100 pts. It says that the medical account was closed on 1/18/25 and that’s what’s hurting my s…

Is it worth it to pay 5k more for a vehicle with 60k fewer miles? So I’m looking at getting a 2021 RAV4 hybrid, I drive 80 miles a day for work in a mountainous region with expensive gas and lots of snow, so getting something with good mileage, AWD, and reliability/longevity is important to me. I’m financing (hate it but that’s where I’m at), and thankfully have an 800 credit score. My current options are: Get…

I’m 36 and my life savings is uninvested. Should I get a financial advisor or use a service like Edward jones? I’ve done a good job at saving but a terrible job of making the most out of what I have saved. I don’t know anything about finance or investing. What type of investment should I make that can be withdrawn from if I decide to buy a house In the future? TIA submitted by /u…

Debt collection agency advice request I’m almost sure this may be another flavor of the same question rephrased and posted here. I apologize for being a bother in advance. I had a hospital stay that racked up a 7k debt. My insurance covered 6k of it (Thank God). I assumed they paid 100% of it and was shocked to find out the remainder had gone to collections. (I may have accidentally…

Should i invest now or save up to not have any student loans? Okay, so I am at a point where I trying am learning to become financially literate. I’m also just beginning college. Currently, I am in community college before I transfer over to a bigger 4-year university. My dilemma is that I want to invest currently but obviously am limited on my income before I graduate. I also have a car note with around 1…

40M 50k saved. Is it too late to retire at 65? I’m starting to contribute 800 a month to my savings. I invest in a etf that tracks the S&P and I have a government pension. But I’m anxious if it’ll be enough to retire at 65. I see people here 30 and under way ahead and wonder if I’ll have to work the rest of my life. submitted by /u/Decent_Pen_2987

Can’t sell my rental Co-Op I own a coop apartment in portchester, NY. I have moved out of state. I have been renting out the apartment for 10 years now. The coop suddenly decide not to let me rent it anymore. Their lawyer reached out to me and said you have been renting it for long time and we decided not letting you to renew the lease! I have the letter in writing. Coupl…

Need Help: 2 Brothers trying to figure out Fathers Finance now that he is no longer here Last week, My father passed away unexpectedly, my brother and I are now dealing with everything and we feeling very overwhelmed with it all. I figured everybody here has personal finance would have some tips on helping us out. My brother and I have to take charge now due to my mothers situation. We have access to his bank accounts, retirement f…

Should I pay off my car or use my cash elsewhere? Looking for some advice on my car loan situation. Here’s my financial snapshot: Salary: $120K (stable job) Credit Score: 787 Credit Cards: 2 cards, $25K limit each, zero balance Car Loan: $755/month ($34K left, 7.7% interest, 55 months remaining) Checking Account: $30K Monthly Cash Savings: $2,300 401K: Maxed out for 2024, planning to ma…

Best financial management app for couples I’m looking for a couple of things in a financial tool and am wondering if something out there fits our needs. Here are the high level needs: 1. Need a view of multiple accounts 2. Need a view of mine/his/our accounts – like we can both see the joint accounts or loans that we choose, but also can see just our own accounts as well(but not the oth…

Early retirement, lump sum or am I ruining my future. I am going to have to leave my job to care for my elderly parent. Currently drowning in debt, barely making minimums. Plan is to take my pension as a lump sum payout and using it to completely pay off all debt including personal loans and credit cards. The rest will let me stay home with my parent. Plan is to sell the home parent and I co-own on…

401k Exchanged from Vanguard “Target Retirement 2060” to “Vanguard Target 2060” Hi everyone! My 401k was recently “exchanged” from “Vanguard Target Retirement 2060” to “Vanguard Target 2060”. Its such a small change in the wording it actually took me several days to notice the difference. My 401k is through Fidelity—they liquidated the entire amount in that fund, and then placed in the new fund. For the life of me I cannot …

Budgeting catagories I’m beginning to learn how to budget for the first time, and I’m confused on how categories work. I understand categories of like groceries, bills, debt payment, etc. The thing I don’t understand how to categorize is stuff like if I needed to purchase a tool, one time purchase. Or if I needed to replace curtains that tore. Just like one time pur…

I did not file my taxes, what can I do…. Back in 2020-2021 was my senior year of high school. During this time I was working and making sure I made money while I had school online. Well not long after summer was over I stopped working because I became a full-time college student. I did not put much mind to it and later received my W-2 in the mail. It was noted that I made more than 10k…

Can I afford to build a home? Hi all, thanks in advance for your time and any feedback/advice or general comments. I am 34 and just had my first baby with my fiancé, soon to be wife. We currently live in a growing suburb area in a hcol city in the southeast US but want to move further out toward the rural part of our state and build a home but am having trouble determining …

Medical charge sent immediately to a “recovery service” – Do I pay? I have a charge relating to a Radiologist reading a CT scan. I can see this was billed to my insurance however a bill was never sent to me, nor did the radiology group contact me about paying a bill. My insurance never requested payment for this bill either. Come to find out that this group does not have a billing department so they have a third…