What to do with cash inheritance I inherited a decent amount of cash. I have some expenses coming up for 25%-30% of what i inherited and don’t want to lock that money up where I’d have to pay penalties to get at it, but I’d like it to earn some interest in the mean time (12-18 months). The rest i planned to invest for long term gains. I have a 401k and HSA through work. I have …

I withdrew $20K cash from my bank to buy a car from a private seller but the deal fell through. Can I deposit this $20K cash back into the original bank account without any problems? So, I made 6 withdrawals from my bank account through a bank teller, all totaling $20,000 in cash to buy a car but the deal fell through and I want to deposit all this cash back into my account. I was told if I deposit $10K in cash or more, it would raise red flags with my bank. What should I do? submitted by /u/royal_robert

George Santos Used Most of His Campaign Cash to Pay Himself Back Mr. Santos spent more than half of the $150,000 he raised in the most recent quarter repaying loans he made to his campaign, new filings show. Another freshman Republican, Mike Lawler, revealed a $900,000 haul.

Excess cash, help me decide if I should pay off/down my mortgage Background: 34 married, dual income with one child (2) and one more on the way. Currently find myself in a position of having a high income and sitting on a significant reserve of cash that I can’t decide what to do with. I’m trying to decide between paying down our mortgage and investing it, with benefits and downsides to both. Summary of fina…

Help me with this amount of cash Got extra $50k that I have no use for the next couple of years. Where is good way to put it to work . Don’t want to put it in stocks submitted by /u/jhon-2020-2020

LPT: When paying cash for gas double check they are actually giving you the cash price Happened to me and a friend twice (SoCal). Paid cash at the register and went to go pump and saw I was getting charged the credit/debit price submitted by /u/imikiehl23

Am I in an okay position to buy a new car, or should I stick to used with cash? I’m 30, only make ~35k gross. I have $30k in savings, only a couple thousand in checking. I rent ($525/mo + utilities but looking to move soon). Credit score is 765, no debt, but the only thing contributing to my score is a couple credit cards that I use sparingly and pay off each month. I bought my 2009 Subaru Impreza used at 185k miles for $3,…

Cash or finance for a car I’ve already fully saved for? I’m purchasing a new car and wondering if it makes sense to finance or pay cash outright. I’ve already saved the full amount for the new vehicle so I could pay all cash if I wanted to. This is separate from my emergency fund and down payment savings. I’m getting 2.9% APR for 36 months, and my cash is sitting in a HYSA for ~4.25% I’m planning …

Recently bought a car and the dealer didnt cash the loan check I bought a car 6 weeks ago and I financed the car through my bank. Went into the dealer, signed the papers, gave my request for payment paperwork, signed. They said everything was good to go. I drove off with the car, no problems… until now. I called my bank because my first payment should be due next week. They said that they havent paid the …

LPT: Invest a percentage of all cash gifts your child receives in the stock market for them Since my son was born in 2001, I invested about 80% of his birthday, Christmas, graduation, etc gift money in various stocks. It taught him the power of compound interest. He really enjoyed following the market and watching his money grow. That money is over $50k now. My son is very grateful that we didn’t let him blow it on junk. submitted …

Netflix Likely To Benefit As Rivals Sell Content To Raise Cash: Analyst submitted by /u/Streamwhatyoulike

Cash in US Savings Bond, from UK Hello from the UK. My dad just found savings bonds of $50 for each of me and my siblings at the back of the cupboard. They were given to us by an American uncle when we were born, and are approx 31-35 years old. They total €50 each, in each siblings name AND my uncles name. They are Series EE. They state that the interest ceases 30 years from i…

How much do you keep as your HSA Cash Balance (not invested) and what is your reasoning? Do you keep one year of deductibles? Five years? A fixed amount, like $3,000? I’m (38M family of four) trying to find a way to set this and forget it for the next few years but I can’t decide on a strategy. Wife just had a baby this year and most of the expenses related to labor & delivery are behind us. Historically, we have been healthy and h…

I’ve made $1,415 in cash so far from multiple freelance gigs this year (2023). Will I have to pay taxes on this? If so, how do I do that? I’m 22 and have never filed taxes before (I live with my parents, was a student etc.) I’ve been working freelance a bit this year. I was paid in cash for four different gigs and none of the people who paid me are withholding taxes for those payments. Ive been told different things and can’t find anything on Google about it when I look. Someone …

How do you keep cash safe? I’m planning on doing a 4-month stint abroad before returning to the US. I know there are credit cards and ATMS available in other places, but I still plan to carry something like $500 USD at the start of my trip. How do you keep your $$$ safe? submitted by /u/LowRevolution6175