#checking

~$20k sitting in our checking account

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~$20k sitting in our checking account My partner and I have a joint checking account with around $20,000, sometimes up to $25,000 or $27,000 depending on our budget. We live in the suburbs of the SF Bay Area, have no children, and our combined household income is stable. Our mortgage payment is $800 per month (refinanced during covid) For the past three years, the money in our accou…

Reddit Personal Finance 238 2023-07-15

Amazon Prime’s Big Vitamix Sale Is Worth Checking Out

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Amazon Prime’s Big Vitamix Sale Is Worth Checking Out Vitamix blenders are an “investment” in that you give all your money to Vitamix, then see a return on your investment by way of crushed ice, super smooth soups, and perfectly blended beverages. (Some might say this is not a “real investment,” and they’re probably right; I am bad with money.) Read more…

Lifehacker 294 2023-07-07

Double Checking Bank Interest vs Student Loan Interest Taxes

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Double Checking Bank Interest vs Student Loan Interest Taxes I have student loans ranging between 3.76%-5.05% interest and the money to pay it in full in a HYSA, which makes 5.02% APY (or 4.91% interest compounded monthly). The interest I make off the HYSA is taxed and the student loan interest I pay off is deducted from my AGI, negating the HYSA taxed interest I made up to the student loan interest amoun…

Reddit Personal Finance 226 2023-07-06