PayPal will let you pool money for group gifts and shared expenses PayPal is making it easier to collectively pool together funds on the platform. | Image: Cath Virginia / The Verge; Getty ImagesPayPal is introducing a new money-pooling feature that aims to make it easier to collect and pay for things as a group. The feature is free and allows PayPal users to create a pool online or via the platform’s app, invi…

Technique to track income/expenses I have been trying different ways to track my finance: different apps, bank-provided analytics and now a Python script and an Excel spreadsheet. My problem is that transactions are not isolated and have to be considered in relation to others. What I mean is this, for example: you go out with your friends, you pay the bill $100, but they pay you…

Managing my finances as a 21 year old with low expenses Hi everyone, I am looking to get some advice on my current financial situation and how I should proceed to get the most return over the next 5-8 years. Sorry in advance if I come across as naive or stupid, any suggestions are appreciated. I am currently 21 years old, about to turn 22. I have around 26k in my Savings account, getting 4.25% intere…

When can I actually retire? What missing expenses am I not accounting for? Hey folks. I’ve read the wiki too many times and lurked these subreddits for a long time. I’ve even set up a spreadsheet to record all of my salary increases, net worth increases (401k, stock market investments, house equity, etc), debt, etc, and projected out estimations year to year so I can estimate when I could retire if nothing major happen…

how do retired people pay for unexpected expenses? Our condo association is having a special assessment to fix a broken elevator. It is a fairly large expense (10s of thousands) that we honestly didn’t anticipate. How do retired folks pay for this? Sell assets? Take a home equity loan? Use up emergency savings? Is there some better option. We are living comfortably on our investments right now b…

Australia expenses hey guys, so i’m planning to travel to Australia next year (NSW) as i’m in a long distance relationship he’s came over to England before to see me and it went really well, now im planning to see him next year. if anyone knows a rough amount of money for different expenses etc i’ll need that would be great as i’m personally not to sure. I have ju…

Does it make sense to invest HSA and not withdraw for current medical expenses if you haven’t maxed out retirement accounts? I just recently learned that the health insurance plan I am on is considered a HDHP and is HSA eligible. For the past couple of years, I have only contributed to my employer’s 401k up to receive the match and then I have maxed out my Roth IRA. Now I will start by contributing up to the match, max out my HSA, and then start contributing to my Rot…

Options to pay down debt while medical expenses fly I, 33F, have 50k in credit card debt, and I pay the minimum on some cards and twice the minimum on the others to keep a slight open credit. I was diagnosed with cancer in 2020 after having to open a loan for 50k for legal fees for a divorce against an abuser that drug it out and caused me six figures in legal fees. I’m down to 19k on that loan, …

Am i entitled to getting my expenses paid? not sure if this is the right place to ask this, please direct me if i am in the wrong place im desperate for answers. Due to the Manchester airport power cut, i was due to fly home to Manchester from enfidha on 23/06/2024 10:50 – 14:15. as soon as we checked in we got told it was delayed, then 20 minutes later it was cancelled, i went back to …

If an HRA will reimburse me $3,000 for known expenses, is there any reason I should opt to not have an HRA, but have an HSA instead? 1) Yes, I have a HDHP. My employer tells me that they offer both HSA and HRA. 2) I know for a fact I have well over $3,000 in out-of-pocket medical expenses (hospital). My employer’s HRA covers hospital expenses. Since the max I could contribute to an HSA would be a little over $4,000 per year (tax-free), doing back of the envelope math, if tax…

Funeral Expenses: A Sobering Reality When people say funerals are “expensive,” the definition can vary greatly. To provide some insight, I’ll share the costs associated with my recent experience planning and paying for my dad’s funeral. Due to religious reasons, my dad opted for an earth burial in a coffin. While cremation is generally more economical, we had to follow his wishes. …

First home purchase with my partner, I’ve worked out the expenses. Is this liveable? ($NZD) 64hrs a fortnight ($39.16/hr) (Always the potential to work more) $1793.20 per fortnight ($896.60 week) Expenses (Lucy): Mortgage: $878.50 fortnightly ($439.50/week) Rates: $51 ($25.50pw) Insurance: $50 ($25pw) Power/internet: $50 ($25pw) Groceries: $200 ($100pw) Fuel: $50 ($25pw) Vape: $50 ($25pw) Cats: $100 ($50pw) Savings: $150 ($75pw) Can pl…

Grocery Expenses since 2021, how have yours changed? Grocery Expense since 2021/ HCOL Middle Class Household of 4/5. submitted by /u/OrbitalArtillery2082

How to prioritize for larger personal expenses I, 29, have a lot of expenses that have come up and wanted some input on how to prioritize and manage them. Monthly income= 3800 USD in US DMV area. (I work in education.) I have $37k total in liquid savings including a 6 month expense fund (24k), general emergencies (1k), a car down payment(5k) , and money for vacation (3k). The expenses: -I a…

Need Help Cutting Down My Monthly Expenses – Any Advice? Hi Reddit, I’m looking for some advice on how to reduce my monthly expenses. Here’s my current spending list: Rent: $1100 Phone: $49 (Edit: Based on advice looking to lower my phone plan to perhaps t-mobile connect) Internet: $75 Car Payment: $432.24 Gas: $120 Groceries: $200 Experian: $24.99 Credit One: $8.66 Geico: $100.51 Apple: $3…

Signing a lease with my significant other, should we open a household expenses account? I (21F) am signing a lease with my boyfriend (21M) of two years. We have spent the last year basically living together with me grocery shopping, cooking most meals, and dividing chores and think we are ready to take this next step in actually moving in with each other. Considering we are not engaged or married, what is the best method to manage …

Sharing expenses with roommates fairly So I have two roommates (a couple) renting out a room in my house. They’ve gotten a little behind on rent but are working hard to catch back up. Only one is employed currently, so I understand they are living paycheck to paycheck without any flexibility in their budget. We take turns buying household supplies, dish soap, TP, paper towels and the…

Need assistance on reducing our expenses My husband and I are in a really bad financial situation. $25,000 of credit card debt, $60,000 in student loans, $25,000 in car loans. My husband makes $45,000 annually currently in his PhD program and I am likely going to have to quit my job when our child is born in a few months. There are no childcare options in our area, all the daycares hav…

Free Medical Expenses? We’ve reached our medical insurance’s Out of Pocket maximum for this calendar year. I’m looking for suggestions for what kind of medical appointments, services, etc I should look into squeezing in before the end of the year while it’s free! (*free as in we’ve already payed out the wazzoo) We have an HSA. It’s my wife (36f), myself (36m), and kid…

Renter’s insurance claim for living expenses I need help deciding whether or not to file a renter’s claim to pay for living expenses while the home we rent is being repaired. There was significant water damage to the floors and the floors are currently being removed and the subfloor is being repaired. The water came from the AC leaking. We cannot live there for 3-4 weeks. Our landlord ask…