#extra

What would you do in my situation with an extra $11k in the bank

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What would you do in my situation with an extra $11k in the bank Back story (skip is your short on time) I am 26 years old, and I am new to the personal finance world. I grew up in Detroit Michigan. Very poor. Unfortunately, my parents didn’t have much, they worked their butt off though, doing low paid jobs because they couldn’t afford college back in the day, and the only jobs around were very low paid. We w…

Reddit Personal Finance 820 2024-12-17

Advice needed on what to do with extra $825 a month

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Advice needed on what to do with extra $825 a month I currently am in an a situation where I have an extra $825 a month of money. I currently owe about $180k on a mortgage with a 2.625% rate and am 4 years into the loan out of 30. Would it be better to take this extra $825 and put it towards the principal of this loan or would I be better off investing it into the s and p 500? submitted by …

Reddit Personal Finance 407 2024-12-08

Google will support the Pixel 6, 7, and Fold with two extra years of OS updates

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Google will support the Pixel 6, 7, and Fold with two extra years of OS updates Two more OS upgrades are on the way for the Pixel 6 and Pixel 6 Pro. | Photo by Becca Farsace / The VergeOwners of Pixel 6-series, 7-series and Pixel Fold phones can look forward to a couple extra years of OS upgrades than initially expected, as discovered by Android expert Mishaal Rahman and confirmed by Google on X. When they were introduced, …

The Verge 448 2024-12-06

A6000 with kit lens for around 475 or should I hash out the extra money and just for a Z5 with their 24-50mm?

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A6000 with kit lens for around 475 or should I hash out the extra money and just for a Z5 with their 24-50mm? Currently getting more into photography. Specifically car photography but will also take pictures when I’m out and about(park, in the city, trips). edit: I should add that I’m just doing photography casually and nothing too serious. I do plan on picking up a better zoom lense for either one in the future. submitted by /u/Cowboy_978

Ask Photography 348 2024-12-03

Should I make extra payments on mortgage if I plan to move?

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Should I make extra payments on mortgage if I plan to move? My mortgage is currently at 6.75%. We plan to have a kid and so we plan to move to a bigger house in a 3-5 years. HYSA are all below 5% right now. Is it worth to make extra payments to the mortgage or keep it in a HYSA until we have enough cash for a larger deposit to a new house? We hope to buy at least a $500k home in the future, so this wou…

Reddit Personal Finance 562 2024-12-01

Is it worth depositing an extra $1800 into my Roth IRA just because I started this year?

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Is it worth depositing an extra $1800 into my Roth IRA just because I started this year? I started to put money into a Roth IRA s&p this year. Well it sounds like you can out 7k a year, whatever that means. I out $600 a month because that would be about $7k in a year. But since I started late, I’ll be $1800 short. I don’t quite understand Roth IRA and s&p but is it something that’s worth depositing $1800 or just do what I’ve done an…

Reddit Personal Finance 765 2024-12-01

Charged for extra items after proforma

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Charged for extra items after proforma Hi! I’m getting ready to pay my final deposit for clothing I’m getting manufactured. This is my first time, so I’m learning as I go. Is it normal for my manufacturer to add 2 extra pieces per size, per style & have me pay for it? This brings my total items from 360 to 400, which is quite a jump. Am I able to reject the extra pieces? Or request t…

Reddit ecommerce 1.0k 2024-11-25

Pay off mortgage or invest extra cash?

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Pay off mortgage or invest extra cash? 35M, 36F, 2 kids in elementary school. $55k in savings, $70k in RSUs, $580k in 401k, $60k in college fund. Household Income = $230k, cars paid off, no debt except mortgage. We owe $169k, house is worth $500k. The debt is at 2.19% with 12 years remaining. Should I pay this off? Kids are no longer in daycare so we have an extra $4-5k/month I need …

Reddit Personal Finance 425 2024-11-25

Should I pay down my mortgage with recast option or make extra payments over time

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Should I pay down my mortgage with recast option or make extra payments over time So I just took out a mortgage for a jumbo loan because it saved me a 1/4 pt. My interest rate is 6% and my balance is $766,551. I planned to pay it down to $500,000 and recast (restart the loan at the new balance and same interest rate) by submitting a $266,551 payment and a $250 recast fee. Should I proceed with this or should I hold onto the m…

Reddit Personal Finance 499 2024-11-24

Extra $50k Mortgage payment or investment

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Extra $50k Mortgage payment or investment So I have $50k cash from a bonus, and we recently bought a house (Midwest area) with mortgage rate as 6.375, and we already put down 25% downpayment of a $550k house. What would you do with the $50k? submitted by /u/ssmhty

Reddit Personal Finance 821 2024-11-23