HELOC or 2 separate loans I am looking for advice. My car was hit in a hit and run (wasn’t able to get the persons plate number). The car is possibly being considered totaled by my insurance company. It is a used car with a car note on it. The payout will most likely only cover the car note with nothing extra. I also need to take out a $15,000 personal loan. My question …

26yo looking for advice I fortunately was able to live at home for 3 years post college which helped save, and now have about $400k saved ($100k is unvested stock). $200k is diversified and the rest is in my company stock. I moved out last year to an apartment with my girlfriend and I’m thinking about buying a house this year but with rates so high cash flow is tough a…

Need advice on paying off CC debt Need some advice, I have about $8800 in CC debt and I have around $10000 in savings. I also have around $6000 in a Robin Hood account. I’m about to pull out $3000 from my savings and pay off one of the credit cards for $2400. Should I sell some of my stocks and pay off a good chunk of the other credit card? submitted by /u/lsd6940

Options for buying parent’s rental property My parents want to sell me their investment/rental property. Options 1.) Buy it at the price they paid for it in 2018. ~185k, Zillow estimates between 290-315k current market. 2.) Buy it at market and my parents give me a check for the difference. It’s kind of a family musical houses thing. Brother just had his second kid and needs to upsize. So…

At what feels like the end of my rope. I’m 32, almost 33. Own a home I inherited from my grandparents in 2019. Took out a mortgage to update/renovate and then a Home Equity Loan to finish up and do some other repairs. Last year I spent around 8.5k on dental work, insured but dental insurance is a joke so this and some other credit card debt totaling around 30k went into a debt counse…

I have a very tough decision to make about moving my family. How should I approach this situation? Burner account for obvious reasons. I 41M have a wonderful family, two teenagers and a wife that is a couple of years younger than me. Our $500K home is paid off, we have zero debt and my income is around $250K a year. I have roughly $1.5M in taxable investment accounts in which 30% of it is in SGOV. The rest is in S&P 500 ETFs. I could essentia…

Debt Help Self Employed N Ireland Hi i am new to reddit so please excuse me if i have posted on the wrong thread and would appreciate if anyone had any recommendations of best group to post it on. Basically between personal debt and then 2 years ago taking the plunge and opening my own small business (sole trader self employed) i am ashamed to say i have racked up £35,000 in deb…

Work started offering Roth 401k, what to do with Traditional? I’ve been investing into my jobs Traditional 401k. They have started allowing the option to do Roth as well. Should I keep everything in my Traditional but invest everything going forward into the Roth, do half and half, roll any over? I’m pretty new to all of this but for reference, I have around 60k in my Traditional last time I checked (edit)…

Father in law is dying and spent all of the family’s money My father in law is 73, has glioblastoma (diagnosed oct 2024) and we just found out that he has not been being honest about finances nor has he been being paid for over a year at his job. The business was in trouble and he was making half salary for a year and apparently now zero salary (with the promise that he will get this money back after a …

Father owes on house and has limited SS income. My dad lives on his own in his home. He took out a mortgage due to medical debit to try to save my mom. But she passed 2 years ago. He still works self emp but worked for cash a lot so his SS income is about 800/month. Which is his mortgage, taxes, ins. He still has utilities and living cost. He’d like to stay in the area but needs more income. …

Someone used my credit card to send me a gift card? In late December I got a text message from my credit card provider about a fraud alert of a $100 purchase made at 1:44AM at BHN*GIFTCARDS. The purchase was made somewhere in California, I live in Florida. I did the whole process of filing a fraud alert and getting a new credit card and everything. My only place of confusion was the fact that who…

Did I mess up? Deposit $5k at TD bank (US) I’m an international student (21+) and my parents are very financially stable, they gave me $5k cash to deposit into my debit account to use for the entire semester. I deposited it this morning and the bank teller paused and asked me how I received this cash, and I could only awkwardly answer “my parents gave it to me,” and she said she had to w…

$35k inheritance. Not sure what to do. Hi, everyone. My partner’s precious mother passed away in August 2024. We are about to inherit about $35k. We are somewhat financially illiterate. Can someone help us decide what the safest option would be for us? We have some debt, but we aren’t sure if it makes more sense to use the money as a down payment to buy a home. We are incredibly nerv…

Moving Money Out Of A Teacher’s Bad 403(b)? My wife is a teacher who, when she first started teaching in her district 11 years ago, opened up a bad 403(b) with Edward Jones with very high annual fees. About 5 years ago, I helped her stop contributions to the account and shifted all of her future contributions to her 457 account through the state of Michigan which has amazing tax incentive…

I’m young and relatively lucky. What’s my next move? Below is a full detail of my situation in life. I’m wondering, given the circumstances, what would you be doing if you were me? I’m honestly not that great at saving yet but I don’t manage to save some money each month. But what would you be trying to save each month and where would you be saving it? What else would you do? I want to capitaliz…

Girlfriend has a car loan with a 28% interest rate, can she refinance? She bought a car five years ago and she is still paying it off. Needless to say, she is not financially literate. The car is worth like $2000 now, but she still owes $5800 on it. Her credit score is very, very bad. What are her options? She is beyond depressed and wants to give up on life. I feel bad for her, but I have no idea what to tell her…

Buying first home with aggressive mortgage I am single 30yo and I am planning to purchase my first house to live in. The house is big enough to accommodate a family of 4, which is in my plans for the upcoming years. I can afford to buy the house with a small mortgage alone, that I can aggressively pay off in 5-6 years thanks to a big deposit I will give to the bank for the purchase. Duri…

Advice for where to put at- least 50-100$ biweekly. Anybody know of or has invested in a low cost “ETF” under or at 100$ a share with nice annual growth. Or should I just save $ in a 3-4 % high yields savings account. I would appreciate any advice. My goal is just to save, I would like to save at-least 50-100$ biweekly. submitted by /u/Top-Chard7479

19, finding out about personal finance and learning about investing has made me extremely stressed and self conscious I know keeping up with the jones and accumulating wealth with no goal is stupid, but I feel so conscious now of every purchase. I literally hear 1$=88$ every time I spend now. I want to enjoy life, but I also feel like every time I buy something enjoyable like a coffee I’m robbing my future self. I know my dad had a similar mindset when he was y…

What is the next best investment after maxing out my Roth IRA? In I Will Teach You to Be Rich by Ramit Sethi, he lays out a clear investment order: 1. Contribute to your 401(k) up to the employer match. 2. Max out your Roth IRA. 3. Max out your 401(k) (because it’s pre-tax money that can grow faster, even though you’ll pay taxes later). But what if your employer offers a Roth 401(k)? Since that’s post-tax m…