#financial

23 year old looking for financial planning advice

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23 year old looking for financial planning advice I will be starting my first job soon. Pays 180k/year. No debt. I know it is fairly privilleged to be in this position, and I dont want to ruin it ahead. I have read most of the wiki here and got a decent idea about taxes, investing, etc. I calculated and roughly i will have 10k/month after taxes. I plan to save 50-70% of my income. Obviously the…

Reddit Personal Finance 1.2k 2025-01-31

How much should I put down for my 401k? My company match is 4% but I’ve heard financial gurus to go for 15-20%

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How much should I put down for my 401k? My company match is 4% but I’ve heard financial gurus to go for 15-20% Hello! My company match is 4% and I learned that’s how much my money will double when I contribute the percentage on my 401k. But I heard financial advisors to go for the 15-20%. I also had my boyfriend tell me that since I’m contributing and my company match so as well then it is 8% in total. If my company match is 4% and I contribute 24% s…

Reddit Personal Finance 657 2025-01-30

23, life in financial shambles

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23, life in financial shambles I make $25/hr with limited over time (42 hours max weekly). I work in the industrial maintenance field and busted my butt off to get here. Anyways, I moved out at 18 and since has been struggling in life financially with only the help of my fiance (23F). First off, I’m in debt like a lot. I owe $9,000 on one credit card and $800 on another. Alt…

Reddit Personal Finance 381 2025-01-30

This Half-Price Polestar 1 Is The Best Kind Of Questionable Financial Decision

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This Half-Price Polestar 1 Is The Best Kind Of Questionable Financial Decision The idea of a high-powered hybrid-electric personal luxury grand touring coupe is strangely appealing to my sensibilities. The Polestar 1 served as both the capstone and the launching point for Volvo’s electric Polestar brand spinoff, and it was the absolute pinnacle of what the brand was capable of at the time. With… Read more…

Jalopnik 549 2025-01-29

Financial literacy plan

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Financial literacy plan So I’m 18 and I’ve never had any knowledge related to money. Not even the basics. When I say I’m a beginner i really mean it cuz I know NOTHING. I’m moving to uni this year and I wanna learn about making and managing money plus all those scary terms i saw on here like investing Roth IRA and what not. So here’s a little plan i made to start lear…

Reddit Personal Finance 595 2025-01-27

Best financial books 2025

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Best financial books 2025 Looking for another finance books. I read the Dave Ramsey books, as well as Rich dad poor dad. Looking for something else. Preferably something more recently published? Or just a “must read” submitted by /u/MindInvested

Reddit Personal Finance 398 2025-01-25

What type of financial services do I need?

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What type of financial services do I need? I’m not looking for a financial advisor, I don’t really have any money to advise on. But I’m wondering if I can go to the same person to handle my taxes but also manage my will and my estate after I pass. Could that be the same person? submitted by /u/Asognare

Reddit Personal Finance 1.2k 2025-01-20

Financial question for a 14yr old?

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Financial question for a 14yr old? I’m 14 and I’ve been photographing wild birds since a year now. I bought my first camera in July 2024 (a Canon 250D) and the first thing I did after was to get a Tamron 70-300 of MPB cus it’s cheaper. I now have the equivalent of 800$ in my savings and I’m split between buying some things. So in my school I’m kinda like the school photographer f…

Ask Photography 1.2k 2025-01-19

Marriage Dissolution Financial Advice

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Marriage Dissolution Financial Advice Greetings PF, I am looking for some advice on if I am thinking correctly during this life change I am going through. Long story short the wife wants to separate and I have agreed instead of fighting her with lawyers it’s prob best to agree on everything and let her go. My thought process is to “buy her out” of the home we are in. It’s a 30 yr f…

Reddit Personal Finance 1.3k 2025-01-19

MAJOR financial crisis as a 20yr, what do I do?

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MAJOR financial crisis as a 20yr, what do I do? Before I start, let me say I do not have anyone who can help me. My parents and other family are broke too. They were not financially smart, so I was not learning finances from a young age. Obviously, school barely taught us anything either. So, I am a 20 yr old college student paying my own way. My parents “make too much” so my only financial …

Reddit Personal Finance 1.2k 2025-01-19

Moving to the U.S. and starting from scratch – Financial Advice Needed

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Moving to the U.S. and starting from scratch – Financial Advice Needed Hey everyone, I (M28) am moving to the U.S. (NYC) next month on a green card. I have $3,000 to my name, which will need to keep me afloat until I secure any job I can get to start with. I have no debt and can live pretty frugally, as I’m already used to it. I’m seeking financial advice to help me start off on the right foot. Any tips would be gr…

Reddit Personal Finance 671 2025-01-17

How to improve financial literacy with dyscalculia?

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How to improve financial literacy with dyscalculia? So I have pretty severe dyscalculia, and had an upbringing that didn’t encourage financial literacy. What can I do now as an early-20s to teach myself? I’m interested in investment particularly. submitted by /u/RealisticAssist420

Reddit Personal Finance 837 2025-01-17

How can I fix this financial hell I’m in?

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How can I fix this financial hell I’m in? I’m 26 and live at home still. I started my own business 3 years ago and the first two years were incredibly rough financially. I’m about 15k in debt from credit cards alone ( had to do it to prop up my business and get started) so I’m paying about 600 to 900 a month to just cover the minimum payments on all 5 of my credit cards. I also owe the…

Reddit Personal Finance 1.2k 2025-01-17

Ideas for meeting 2025 financial goals

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Ideas for meeting 2025 financial goals Looking for some guidance meeting my financial goals for 2025. I work full time (35+), pay is okay. Wife and I are focused on saving what we make from our normal paychecks. As a fun stretch goal for myself this year, I’ve given myself the goal of making $7,500 outside of my full time job. I’ve made a list of things I’d like to purchase (wants, …

Reddit Personal Finance 575 2025-01-15

Suggestions for children’s financial literacy

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Suggestions for children’s financial literacy Hi all, My oldest son turns 5 tomorrow, and I’ve really been wanting to start some kind of allowance or at least teaching him some beginnings of financial responsibility/independence. I’m just not sure where to start. I didn’t have a strong start myself growing up, so I’d really like to help him establish a strong foundation. I’ve seen some deb…

Reddit Personal Finance 1.2k 2025-01-15

Seeking surgery financial advice on a tight budget

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Seeking surgery financial advice on a tight budget I have a necessary and complex surgery scheduled for September 2025. To undergo this procedure, I need to travel from the Southwest U.S. to New York to see a specialist. Unfortunately, there’s no cheaper alternative; this is the best option available. The surgery and hospital stay should be mostly covered by my insurance (with a copay), but I’m …

Reddit Personal Finance 947 2025-01-12