#21

Financial Planning Advice Needed: 21-Year-Old Post-Grad with $32k total loans and a New Job

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Financial Planning Advice Needed: 21-Year-Old Post-Grad with $32k total loans and a New Job Hey everyone, I recently graduated and am navigating my finances as I prepare for my first full-time remote job starting in mid-August. Here’s my situation and plan: Income: After taxes, I’ll be taking home $4,924 per month. Expenses: Living with my boyfriend in a 1BR, so expenses will be low. Emergency Fund: I have $10,000 saved up, equivale…

Reddit Personal Finance 362 2024-06-25

Weekend Help and Victory Thread for the week of June 21, 2024

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Weekend Help and Victory Thread for the week of June 21, 2024 If you need help, please check the PF Wiki to see if your question might be answered there. This thread is for personal finance questions, discussions, and sharing your success stories: Please make a top-level comment if you want to ask a question! Also, please don’t downvote “moronic” questions! If you have not received your answer within 24 h…

Reddit Personal Finance 1.0k 2024-06-22

What are you watching and what do you recommend? (Week of June 21, 2024)

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What are you watching and what do you recommend? (Week of June 21, 2024) Comments are sorted by new by default. Feel free to describe what shows you’ve been watching and what you think of them. Feel free to ask for and give recommendations for what to watch to other users. All requests for recommendations are redirected to this thread, however you are free to create your own thread to recommend something to others o…

Reddit Television 1.2k 2024-06-22

Daily Simple Questions Thread – June 21, 2024

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Daily Simple Questions Thread – June 21, 2024 Welcome to the /r/Fitness Daily Simple Questions Thread – Our daily thread to ask about all things fitness. Post your questions here related to your diet and nutrition or your training routine and exercises. Anyone can post a question and the community as a whole is invited and encouraged to provide an answer. As always, be sure to read the wiki…

Reddit Fitness 1.1k 2024-06-21

My friend bought a car for $23.5k in March 2021. His car got repossessed last week and he showed me his balance which is $21.9k. He had a 4.5% interest rate. How is that possible?

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My friend bought a car for $23.5k in March 2021. His car got repossessed last week and he showed me his balance which is $21.9k. He had a 4.5% interest rate. How is that possible? How is it possible that he only paid off $1.5k in 38 months? He was paying $480/month on a 72 month loan, $80ish went to interest. Some notes: Apparently he bought a “service contract” up front that was $4k. This would not be yearly, right? For the entire life of the loan, he was 2 months delinquent. Meaning, he didn’t make the first two paymen…

Reddit Personal Finance 393 2024-06-21