#fund

Throw $10k into Emergency fund or debt?

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Throw $10k into Emergency fund or debt? Baby in 2 months, only have $5.5k in savings. $13k in debt at 7%, VHCOL, monthly income is $11k net and monthly expenses are about $7k including debt repayment. $20k in checking at the beginning of month. Thinking of putting $10k into HYSA then attacking debt after. Or should I put it towards the debt now? We will have help when baby is here an…

Reddit Personal Finance 692 2025-03-03

Best ways to promote a go fund me?

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Best ways to promote a go fund me? Hey so first off I’d just like to clarify I’m not posting this to get any donations, I’m 18 and just doing the dirty work for my mam who set it up. My dog was diagnosed with haemophilia which is a bleeding disorder that doesnt allow blood to clot when faced with an injury or bleed usually leading to the animals death from a cut. It cam occur in …

Reddit Social Media 601 2025-02-26

Putting Emergency Fund in a MMF

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Putting Emergency Fund in a MMF Long story short, I am not happy with the savings account I currently have my emergency fund in. I want to keep it somewhere that I can access it within a few days and also not lose a lot to inflation. I have a checking account and some credit cards with Chase. I am considering opening a JP Morgan brokerage account and putting my savings in a mo…

Reddit Personal Finance 357 2025-02-15

26 y/o, should I put $2k a month in an index fund for a home or get a loan and leave it?

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26 y/o, should I put $2k a month in an index fund for a home or get a loan and leave it? I am debating the best route here. I will be able to save $2k-2.5k a month. I can build a decent 1000-1500sqft home for $100-120k(cheaper if I opt for less land? Dad is building a 2600 sqft one for $160k(including 20k for the 3ac land, almost finished with the home) At my savings rate, I could build one in about 3-4 years. I’m torn between eithe…

Reddit Personal Finance 384 2025-02-14

Fund a roth IRA with a traditional IRA

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Fund a roth IRA with a traditional IRA I have a traditional ira that i funded with my work 401k.i will be 70 years old soon. I was thinking of getting a roth ira and use the money i take out of the traditional IRA to fund it. Is this a good idea? submitted by /u/Dependent_Order_3173

Reddit Personal Finance 1.1k 2025-02-09

Should I fund ESPP or MBDR?

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Should I fund ESPP or MBDR? I am already maxing my pre-tax contributions to my 401k, and maxing an HSA but I have access to the following two options and am curious which I should be prioritizing. At this time I cannot afford to fully fund both. 1) Employee Stock Purchase Plan – up to 10% of my salary, stocks are purchased at 85% of the average cost over the pay period (tw…

Reddit Personal Finance 970 2025-02-07

Managing Emergency Fund

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Managing Emergency Fund Curios to know that how you managing your emergency fund ?? Are you keep the all the funds in place or split into more than place ?? Once it reach the level to cover your 6-12 month ? Will you keep increase the bar or move into next goal ?? submitted by /u/ManiAdhav

Reddit Personal Finance 697 2025-02-07

401k replaced S&P 500 index fund

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401k replaced S&P 500 index fund My work uses T Rowe Price for their 401k provider. I choose my own investments in my 401k and had it split 75%-25% between the Fidelity S&P 500 Index Fund and an international stock fund. I got a notification today that my entire position of Fidelity S&P 500 Index Fund (0.015% exp ratio) was sold and replaced with the State Street S&P 500 Index…

Reddit Personal Finance 799 2025-02-04

Is it wise to invest over 30 percent of income on a s&p 500 fund?

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Is it wise to invest over 30 percent of income on a s&p 500 fund? I am a young person, age 20, and the idea of early retirement and compound money growth has taken over my brain recently. The fact that statistically speaking I could be financially safe in the next 15 years and very well off in 20 years is such a nice thought. However, my paycheck is not impressive whatsoever, earning consistently 22 bucks an h…

Reddit Personal Finance 432 2025-02-04

House Fund Dilemma – Looking for guidance!

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House Fund Dilemma – Looking for guidance! Hi all, I’m a 25m planning to buy a house in a VHCOL area in about two years. I’ve saved $100k so far and it’s all currently invested in an S&P 500 index fund. Right now, I’m up 27% on my investment. When would you recommend moving this money into something safer, like a high-yield savings account or another low-risk option? Obviously, no one ca…

Reddit Personal Finance 1.1k 2025-02-03

6 Month Emergency Fund, Where to Place

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6 Month Emergency Fund, Where to Place I currently have my 6 month emergency fund parked in an Amex high yield savings account. It is currently earning 4.05%. Should I just keep it here, put it in the market? Somewhere else I am not even considering? Thank you in advance! submitted by /u/Own-Carpenter347

Reddit Personal Finance 1.0k 2025-02-03

Wedding fund growth tips?

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Wedding fund growth tips? Hello everyone! Just curious for those that can help give some insight. I just recently just got engaged to the love of my life and we are looking to get married by spring next year. I am wanting to start a savings fund that grows over time. I know some banks offer 4+% with a quarterly dividend yield but I’m not too sure about the strategy for t…

Reddit Personal Finance 1.2k 2025-02-03