#13k

9+12y/o inherited $13k each, advice

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9+12y/o inherited $13k each, advice Hi, I am based in the US and my two children have inherited about $13k each. I understand my options are: 1: 529 2: 401k (pension of some sort) 3: invest without tax efficiency I am leaning towards option 2 where I can just put their money in a Boggle head like portfolio, leaning heavily on the S&P50 and let it grow for 50 years. My thoughts ar…

Reddit Personal Finance 840 2024-07-28

What to do with $13k?

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What to do with $13k? I was just gifted $13,000 from my grandfathers estate. I’m not sure the logistics, something about needing to withdraw this amount and gift it to save on taxes? I have no clue. But I have it. I have no debt except for a car payment of $560 a month. But I also only have $1.97 in savings. Total, all savings. Not a drop in a 401k. What is the best…

Reddit Personal Finance 472 2024-07-27

Regret 13k car purchase

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Regret 13k car purchase Hi everyone, I am a teacher and I make 73k annually. My rent is about 2k and I don’t have any other major expenses. My 2003 Honda accord recently broke down. I have been ubering to work while looking for another car. My dad put a lot of pressure on me to get a 2011 lexus rx with 125k miles. It was $13k. I put down 6k and am making $275 monthl…

Reddit Personal Finance 1.2k 2024-07-16

Have $13k in federal student loans and trying to move out of my parents’ place. Do I pay it all off ASAP or do something else?

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Have $13k in federal student loans and trying to move out of my parents’ place. Do I pay it all off ASAP or do something else? Hello folks, I’m at a bit of a crossroads right now in my life, and I would like some advice. In May 2023, I graduated from college with my Bachelor’s and within the span of ten months, managed to get a state government position paying $50k/yr right off the bat, which should go up to $54k/yr after six months. After taxes and other stuff (health …

Reddit Personal Finance 1.0k 2024-06-21

CC Debt 13k at 28% vs. 13k loan at 9.5% AP

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CC Debt 13k at 28% vs. 13k loan at 9.5% AP This might be a stupid question but here goes. I have 2 credit cards which total $13k with 28.5% APR. I am able to pay $2k a month until they are paid off. I also have the ability to pull 13k from my 401K from fidelity like a personal loan to myself at 9.5% APR. Should I: A. Focus on paying the Credit Cards directly at 28.5% apr per year or …

Reddit Personal Finance 383 2024-05-05

I just got $13k what’s the best thing to do?

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I just got $13k what’s the best thing to do? Should I invest a chunk into my Roth? Ultimately ima use a less than 500 on car maintenance then act like I don’t have any of it. I’m also in my mid 20s. No real debt other than a mortgage. submitted by /u/k3nnfucius

Reddit Personal Finance 723 2024-03-18

Source: Kittle fined over $13K for T-shirt taunt

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Source: Kittle fined over $13K for T-shirt taunt The NFL has fined San Francisco 49ers TE George Kittle $13,699 for use of abusive language on the T-shirt he wore under his uniform against the Dallas Cowboys on Sunday night, a source told ESPN’s Jeremy Fowler.

ESPN 809 2023-12-18