#earned

Opened Roth IRA for son but no earned income.

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Opened Roth IRA for son but no earned income. My son turned 18 in January and in May I helped him open a Roth IRA at Vanguard. I connected his savings account to the Roth and, to give him a jump start, I gave him $1k to his savings which he deposited into the Roth. Since then he’s deposited $500 from gifts and allowances he’s received. From May until now the Roth balance is $1637. He does n…

Reddit Personal Finance 696 2024-12-12

Have you ever earned perks by offering photography?

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Have you ever earned perks by offering photography? Hi everyone, This might seem like a silly question, but I’ve been wondering: Have any of you ever scored a free trip, tickets to events, or other extra perks by simply offering to take photos? We all know how influencers often land incredible deals—luxury hotels, expensive trips, etc.—in exchange for posting a few stories or posts. (Of course, I…

Ask Photography 928 2024-11-22

Music legend Quincy Jones dies at 91. The producer of Michael Jackson’s Thriller earned 28 Grammys in his 75-year career.

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Music legend Quincy Jones dies at 91. The producer of Michael Jackson’s Thriller earned 28 Grammys in his 75-year career. Read the full article here The Facts Quincy Jones, a titan of the music industry whose career spanned over 75 years, has died aged 91. His death was confirmed by his publicist Arnold Robinson who said the musician and producer “passed away peacefully” in his Bel Air home on Sunday, surrounded by his family. “Tonight, with full b…

Reddit Music 467 2024-11-05

Just got an Earned Income Credit audit for 2k from 2021

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Just got an Earned Income Credit audit for 2k from 2021 We’ve done all our taxes through licensed professionals. We are a single income family with 2 kids and we’re trying to pinch Pennies every chance we can. A sudden 2k bill is a massive step back for us. It represents a LOT of saving bit by bit. On the letter it also says the amount as accrued interest even though this is the first we’ve heard of …

Reddit Personal Finance 1.0k 2024-10-29

Kamala Harris is a DEI Hire; We Need a President Who Earned Everything Himself

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Kamala Harris is a DEI Hire; We Need a President Who Earned Everything Himself “MAGA Republicans are subjecting Vice President Kamala Harris to a barrage of racist and sexist attacks as she has stormed out in front as the likely 2024 nominee…GOP Rep. Tim Burchett of Tennessee said that “100 percent, she was a DEI hire” insisting of Biden’s choice of Harris: “When you go down that route, you get mediocrity.” — Rolling Stone…

McSweenys 378 2024-07-24

In the past 4 years, my Roth IRA has earned me a whopping 0.4%. Is this normal?

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In the past 4 years, my Roth IRA has earned me a whopping 0.4%. Is this normal? I opened a Roth IRA with Valic in 2019 and have deposited the maximum every January – $6,000, except this year, I put $6,500 in since that is now the max, so altogether, over the past 4 years, I have put $24,500 into this thing. It currently sits at $24,605.33. When you open a Roth IRA with Valic, you can choose from about 100 different funds to…

Reddit Personal Finance 503 2023-11-03

Do you deal with feeling guilty about spending money on a trip you’ve earned? How do you get over it and just enjoy the trip?

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Do you deal with feeling guilty about spending money on a trip you’ve earned? How do you get over it and just enjoy the trip? I try to save and spend money wisely. I think hard about most purchases and have a frugal mindset so that I can travel and adventure. But sometimes this mindset makes me feel guilty about spending money on vacation, to the point that it seems to take away from the enjoyment of the trip. Even when I work multiple extra shifts, and I have the mone…

Reddit Travel 140 2023-08-25

I took a new job recently for $72K. It’s more than I’ve ever earned before and I want to be smart with this.

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I took a new job recently for $72K. It’s more than I’ve ever earned before and I want to be smart with this. I’ll be honest. I’m scared to blow it all away. And it’s easy to do, I did it before. I blew my first chance at a nice salary. I’m stupid with money. I never got any help with financial education let alone financial literacy. I have debts, about $4500 worth. I’ve lived paycheck to paycheck since I was 16. I’m 32 now. I feel I’m finally able to …

Reddit Personal Finance 228 2023-08-23

LPT: Instead of making an obvious joke about someone’s name, ask them how rich they would be if they earned money for every time someone made that joke

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LPT: Instead of making an obvious joke about someone’s name, ask them how rich they would be if they earned money for every time someone made that joke My mom’s name is Rita, and suffice it to say she’s heard every iteration of “Lovely Rita” courtesy of The Beatles. One time some lady at our church asked her, “If you had a dollar for every time someone sang that song to you, how rich would you be?” It was like a light went off in her head, and she said, “At least four thousand dollars!” The lad…

Life Pro Tips 172 2023-08-08

I’m 40m, married, 3 kids. I’ve earned and saved, but I have taken little-to-no action to optimize my savings. What are some resources that can get me started?

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I’m 40m, married, 3 kids. I’ve earned and saved, but I have taken little-to-no action to optimize my savings. What are some resources that can get me started? Do I start w a tax professional? A brokerage? I’ve always had a hard time trusting people who was access to my accounts. submitted by /u/CuriousKappy

Reddit Personal Finance 154 2023-07-09