#balance

New plans for 2025! We want to balance our budget and pay off debts!

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New plans for 2025! We want to balance our budget and pay off debts! Hello everyone!!! This will be our year and as we finished up our holiday shopping my wife and I are wanting to get serious with getting our finances under control! Please see the text below that cover our main bills and also our debts… My wife is a stay at home mom while I work and also DoorDash on the side brining in about 1000 extra a month. …

Reddit Personal Finance 689 2024-12-19

How to use all of the balance on prepaid debit card

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How to use all of the balance on prepaid debit card I received a couple of prepaid debit cards in the past year, some of them virtual prepaid cards. I really hate these because they are difficult to use and especially difficult to use the entire balance. If you don’t have enough money on the prepaid debit card, most merchants won’t split the balance between 2 payment methods. This makes it challe…

Reddit Personal Finance 928 2024-12-19

Need Advice on Fraud with Wise and Negative Balance Issue

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Need Advice on Fraud with Wise and Negative Balance Issue Hello everyone, I recently experienced a fraud situation and am looking for advice on how to proceed. Here’s what happened: I realized I was a victim of fraud and immediately contacted Wise to dispute the transaction while it was still pending. Wise customer service assured me the payments were flagged and told me the situation was being address…

Reddit Personal Finance 1.0k 2024-12-14

Beneficiaries of Traditional IRAs must pay income taxes. Given a terminal disease, Better to withdraw the balance of the IRA (10% penalty)and then gift that money instead?

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Beneficiaries of Traditional IRAs must pay income taxes. Given a terminal disease, Better to withdraw the balance of the IRA (10% penalty)and then gift that money instead? Large traditional IRAs could push the beneficiary into the highest tax brackets. Gifts aren’t taxed under like 7 million in 2025. Should the IRA owner take an early withdrawal and just gift that money while they are still alive? Especially if that IRA owner is only expected to live less than a year? What am I missing? submitted by /u/Aus…

Reddit Personal Finance 821 2024-12-14

My IRA balance is gone? I was laid off last year and then hired elsewhere 5 months ago.

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My IRA balance is gone? I was laid off last year and then hired elsewhere 5 months ago. I was checking my Fidelity account and noticed that my balance fell off a cliff. It lines up with when I began my new job. I see a “Transfer” with all my shares removed: DateSep-30-2024InvestmentFID FREEDOM 2060 Sources Contributor Shares Amount EMPLOYEE DEFERRAL Employee -3490.536 -$52776.9 EMPLOYER MATCH Employer -884.593 -$13375.05 T…

Reddit Personal Finance 904 2024-12-11

Can’t invest my HSA balance because it’s lower than the $2K min

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Can’t invest my HSA balance because it’s lower than the $2K min Update: Thanks for the great advice ya’ll. I initiated a transfer to Fidelity. Health Equity did charge a $25 fee to close the account. I’m exited that I’ll be able to invest the money soon! I have a total of $3400 in an HSA with Health Equity. I no longer work with that employer and my current employer doesn’t have a High Deductible Health Plan…

Reddit Personal Finance 825 2024-12-08

How to balance being spontaneous with prebooking trains in India?

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How to balance being spontaneous with prebooking trains in India? I’m planning a month trip across northern India. I see so much advice telling me how important it is to pre book the trains. But I also see lots of advice telling me to be spontaneous, and to stay longer in certain places you like VS leaving places you dislike earlier on. For example, what if I have pre booked all my train journeys, and I get t…

Reddit Travel 387 2024-12-07

How Twin City Web Solutions Found the Perfect Balance of Power and Simplicity with Agorapulse

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How Twin City Web Solutions Found the Perfect Balance of Power and Simplicity with Agorapulse Brian Hunt’s agency faced a sudden 100% price increase from their social media management platform. So, he needed a solution that would maintain profitability while it better served his small business clients. Fortunately, he found that solution. By switching to Agorapulse, Twin City Web Solutions found a more streamlined platform that improved …

Agora Pulse 1.0k 2024-12-03

Negative consequences for slowly paying off credit card debt via multiple 0% interest balance transfer accounts?

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Negative consequences for slowly paying off credit card debt via multiple 0% interest balance transfer accounts? I currently hold $5,500 of credit card debt in a promotional 0% APR credit account. The 0% APR is set to expire in October of 2025. It’s within my monthly budget to pay off the debt by the time this promotional APR expires. Alternatively I could lesser monthly payments and use the excess money to fully max out my Roth IRA contributions and put t…

Reddit Personal Finance 1.1k 2024-11-25

I’ve been carrying a balance on my credit cards for a couple of months, and I’m still ashamed of it.

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I’ve been carrying a balance on my credit cards for a couple of months, and I’m still ashamed of it. I grew up in a low income family knowing how bad it is to be in debt, so I’ve always been pretty careful with my credit card spending, but I went on a two-week vacation with friends to Japan in July during which I spent more than I could afford. I allowed myself to be pressured into spending, among other things, $180 on a single sukiyaki dinner….

Reddit Personal Finance 1.2k 2024-11-25

Converting 401K Pre Tax to Roth IRA Using the 401K Balance?

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Converting 401K Pre Tax to Roth IRA Using the 401K Balance? I’m looking for some advice or insight regarding converting my old 401K balance to my Roth IRA – and whether I can use the current investment balance to pay for the incurred tax the conversion will bring? Context: I (25 years old) was laid off from my job in the middle of the year – and I’ve been heavily investing my paycheck since I started wor…

Reddit Personal Finance 657 2024-11-24

Unsure on how to balance my savings / retirement

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Unsure on how to balance my savings / retirement I’m sure this question has been asked a number of times here. I’ve been struggling with this for the past couple of years, and i’m starting to become restless over his topic. Some background. I’m 25 in a hcol making 150k annually. My net worth is around 270k. 140k is locked up in retirement, 25k in company ESPP, and the rest in an HYSA. My bigg…

Reddit Personal Finance 1.0k 2024-11-20

LPT: Have An Outstanding Balance With a Hospital?

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LPT: Have An Outstanding Balance With a Hospital? At the end of the year, many larger medical institutions and hospitals have leftover grant money from various programs, specifically for covering medical costs. It is a “use it or loose that amount next year” situation for all of them. If you call their billing department and explain your financial situation, they will often apply it to your ba…

Life Pro Tips 695 2024-11-15

Settled with debt collector, but balance lowered instead of disappearing?

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Settled with debt collector, but balance lowered instead of disappearing? I went to pay a credit card collection, online it offered me a settlement amount with “Portfolio Recovery”. Is this normal, or did they do something other than settle? The portal I paid at still shows payment processing, but it’s been several days and the balance updated in credit karma. Ideas? Thoughts? submitted by /u/AnExtraMedium …

Reddit Personal Finance 962 2024-11-11

Pay off debt or keep in savings until balance transfer promotion ends?

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Pay off debt or keep in savings until balance transfer promotion ends? Hello. I would welcome some thoughts if any on my situation. I have some debt that is now finally just under 10,000. I’ve paid a lot down to get to this point. Last year I had moved the debt to a new CC via transfer balance with 0% Apr which the promotion ends at the end of August 2025. As of the end of this year I anticipate just over 15k saved…

Reddit Personal Finance 1.0k 2024-11-11

New 0% APR Card or Balance Transfer from Existing card

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New 0% APR Card or Balance Transfer from Existing card Overall credit debt is at like 8k. Have 5 accounts, 2 fully paid off. One of the cards are offering me a balance transfer offer of 1.99% APR for a year, 4% transfer fee. Should I take this, or open a 0% APR card, and transfer it to the new card? Thank you so much. submitted by /u/CaptainCoops02

Reddit Personal Finance 1.0k 2024-11-08