#25k

Is 25k car worth it for my situation?

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Is 25k car worth it for my situation? First of all, I am 22 years old just graduate from college and about to get a job with $92k annual salary. My new job is about 35 miles away from me (In Atlanta) my estimated driving time would be around 1hour to 2hour per trip. My current car is 05 Camry with over 350k in mileage, so I am planning to buy a new car. I am specifically looking fo…

Reddit Personal Finance 1.1k 2024-07-10

Help… want to deposit 25k into bank

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Help… want to deposit 25k into bank Title says it all. I don’t mind depositing and filing a report but my situation is odd. The 25k comes from my mom and I saving up over the years. Most of the money comes from my mom who works under the table. I want to deposit it and transfer it to a HYSA for us both. Am I over thinking it? Will I have to pay taxes on it? Please educate me thank…

Reddit Personal Finance 1.2k 2024-07-06

25k in savings what should I do with it?

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25k in savings what should I do with it? Hi all. First post in this subreddit. Don’t want to get too personal but I’m pretty young, went to school and now have a good job. Currently have over 25k in my Wells Fargo savings account that my parents set me up with years ago. I still live with my parents and I’m very thankful to have free rent for now. My only bills are a phone bill and car…

Reddit Personal Finance 649 2024-06-30

22yo, ~25k in CC debt. Drowning, need good options/plans recommendations!

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22yo, ~25k in CC debt. Drowning, need good options/plans recommendations! 22M, 25k in CC debt. Just drowning in my poor, impulsive financial decisions. CC Balances (the variable APR can be assumed to be 27-29%) – WF, $2800 – AMEX, $5830 – AMEX, $972 – DISC, $4200 – DISC, $1910 – CHASE, $2900 – CITI, $1100 – APPLE, $5856 I make about ~$2,200/mo. Most crucial bills (in order) for me are: – Car ($537.99/mo) – Car insuran…

Reddit Personal Finance 887 2024-06-24

My grandma recently surprised me with a $25k check so that I can begin to pay off my student loans… Now what?

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My grandma recently surprised me with a $25k check so that I can begin to pay off my student loans… Now what? As someone who is currently a little over $44k in debt with student loans (both grad and undergrad), I’ll admit I cried. I never expected this kind of help in a million years, but she is an extremely generous person. She even intends to help me pay off the rest of my debt at the end of this year once her sister’s estate is settled. But now that …

Reddit Personal Finance 822 2024-06-19

25K coming, pay off car or invest?

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25K coming, pay off car or invest? I have $25k, after taxes, landing next week from company stock I had to sell when leaving. I’m torn on what to do. The car is my last debt other than my mortgage and has 25k left on the loan at 3.9%. $578/mo for another 4 years. My plan is to save that every month if paid off. I’ve been working on getting out of debt for 10 years so getting ther…

Reddit Personal Finance 727 2024-03-22

Loan officer is asking to allow title company to pay off $25k auto loan, is it risky to give them the funds to pay it off?

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Loan officer is asking to allow title company to pay off $25k auto loan, is it risky to give them the funds to pay it off? Loan officer is asking to pay off $25k auto loan to qualify for a mortgage, but is wanting me to pay it off at closing. That means giving the funds to a title company that will then send the payment for me. Is this too risky? Or should I ask to pay it off through my mobile app? Due to close in 3 days. submitted by /u/Muab_D1b

Reddit Personal Finance 473 2024-03-20

No debt and I just finished college. I will receive 25k soon. What must I do?

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No debt and I just finished college. I will receive 25k soon. What must I do? I 20m will receive 25k soon; this is the first time I’ve had this much money, and I want to utilize it to the best of my ability. I’m planning on investing most of it for the long term. Again, I’m a basic person and don’t really value material things or spend that much money. submitted by /u/Delicious-Night-7042

Reddit Personal Finance 533 2024-02-26

25k car with a net salary of 50k?

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25k car with a net salary of 50k? I am looking to buy a 2020 rav4 with 45k miles on it for 25k. I take home about 4500 a month. I don’t have any other expenses (live with parents) so I’ve saved a up a decent amount of money. Is this a bad decision? submitted by /u/faden231

Reddit Personal Finance 862 2024-02-13

Apartment was flooded/burnt up, insurance paying out 25k, is there anything smart I can do with it?

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Apartment was flooded/burnt up, insurance paying out 25k, is there anything smart I can do with it? I lost pretty much everything in an apartment fire or from the resulting flooding from the firefighters. My renter’s insurance coverage was set at 25k, and after claiming most of my stuff, I’ve already hit that, so insurance is just gonna cut me a check for 25k. I obviously have a lot of things that I need to buy, so it needs to remain somewhat…

Reddit Personal Finance 747 2024-02-02

OpenAI Announces Preparedness Team And $25k API Credits For Top Survey Responses via @sejournal, @martinibuster

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OpenAI Announces Preparedness Team And $25k API Credits For Top Survey Responses via @sejournal, @martinibuster OpenAI announces a Preparedness Team for safety in AI development and offering $25,000 in API credits for ideas on preventing catastrophic misuse of AI The post OpenAI Announces Preparedness Team And $25k API Credits For Top Survey Responses appeared first on Search Engine Journal.

Search Engine Journal 619 2024-01-22

What’s the smartest way to invest 25k?

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What’s the smartest way to invest 25k? I’ve got 25k in my savings and I want to be wise about investing it. What are some good ways both short term and long term to invest this money? I’ve thought about investing in land or housing but I’m not sure. submitted by /u/TheVirginVibes

Reddit Personal Finance 425 2024-01-11

Car accident while uninsured, now I owe $25k in bodily injury to the other party involved. Pls read.

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Car accident while uninsured, now I owe $25k in bodily injury to the other party involved. Pls read. Hi, I am 23 F and in April I was in a rear end accident where I mistakenly hit the person in front of me at a red light. I was driving a family member’s car and their insurance said they could not cover the accident because I had driven the car several other times before the accident. They said it counted as regular use and I should have been on…

Reddit Personal Finance 655 2024-01-06

I have roughly 24-25K saved up and I am 18 , what do I do next?

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I have roughly 24-25K saved up and I am 18 , what do I do next? I am 18 years old and have roughly 24-25K liquid saved. I am now in college with my first 2 years paid for thanks to scholarships. I have no debt. I have been learning investing and trading since my sophomore year of high school (roughly 16 years old) and have dabbled in a few other side hustles( Amazon, making a Shopify store/ E-commerce and ev…

Reddit Personal Finance 125 2023-10-05

Sixt is giving me 5 days to pay $25k in damage

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Sixt is giving me 5 days to pay $25k in damage Rented a car in Germany two months ago. Rear ended someone, Sixt is saying it’s $25K in damage. I’ve been constantly asking them for more information so I can submit it to Chase eClaims for their car rental damage coverage. I finally get an email today with All the information and telling me I need to pay by 9/13. Does this sound reasonable, wh…

Reddit Travel 176 2023-09-25

How can I “safely” invest 25k in todays current economy

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How can I “safely” invest 25k in todays current economy So long story short College paid me a decent size check for a grant Job is giving me a substantial bonus When I add up the total of everything I’m sitting at around if not more then 25K in my savings. I’m open to suggestions and ways of making this 25K grow for me over time with a decent rate of return. I know it isn’t a lot with todays economy…

Reddit Personal Finance 164 2023-09-23

25k in debt. Baby on the way. 22 /yo M

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25k in debt. Baby on the way. 22 /yo M I am 22 years old. Currently making 700 a week living with my in laws. (Moved back to Miami from New Orleans). Hopefully going back to bartending soon as I work at a grocery store right now and slow season for restaurants is about to end. Have 25,000 in credit card debt that I haven’t paid or answered the phone to in about 5 months. (Amex Plat, …

Reddit Personal Finance 121 2023-09-22

$700 Car Payment and 25k Settlement

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$700 Car Payment and 25k Settlement Hi everyone, Some background on my situation. I’m 22, a recent college graduate, and I recently got into a not-at-fault car accident resulting in a totaled car and a 25k settlement. I had to buy a car as I needed to continue working and somehow thought buying a brand new 2023 Toyota Corolla Cross Hybrid was a good idea. My monthly payment on th…

Reddit Personal Finance 189 2023-09-17