#mom

Need help setting my mom up.

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Need help setting my mom up. My dad passed away a few days ago. I came home and my mom has no idea what she needs or what to do since my dad took care of everything. Looking though his accounts, I’ve found so far that the house is paid off, taxes have been paid this year, and he has a little over 700k in a IRA and 300K in his 401k. He was still working and I’ll be seeing wh…

Reddit Personal Finance 874 2025-02-24

what do i do with money from my mom?

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what do i do with money from my mom? i’m 18 and my mom passed away november of 2024. she saved up 85k since 2000-2006. What should I do with this money? I know I can’t just leave it because it’ll go down with inflation. submitted by /u/UnlikelyBeat2742

Reddit Personal Finance 945 2025-02-18

Budget Struggle Single Mom

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Budget Struggle Single Mom I know this gets asked a lot, and I’ve searched the group, but here it goes. The basics: -I’m a 40-year-old single mom with a 4-year-old, living in Sweden (US-born) -I have ADHD. -I have a master’s degree and a decent job. -I have financial trauma. -I have no savings, no investments—just government/work-provided retirement. I feel like I’m drown…

Reddit Personal Finance 392 2025-02-17

My 74 year old mom Inherited a 403(b)

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My 74 year old mom Inherited a 403(b) As the title says, my 74-year-old mom inherited my sister’s 403(b) after her passing late last year. The account holds about $75,000, and we’re unsure about the best course of action given my mom’s age. A rollover IRA seems like a viable option, but we’re uncertain about the specifics or if there’s a better approach. Any advice would be greatly …

Reddit Personal Finance 663 2025-02-11

Stay at home mom 401k

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Stay at home mom 401k I have about 25k in my previous employers 401k account. I’m a stay at home mom and don’t plan to return to workforce for another 2-3 years. Would it be smart to leave the money where they are now? Should I open a Roth IRA account? I don’t need to access these funds in the near future. Any advice is greatly appreciated. Thank you submitted b…

Reddit Personal Finance 1.1k 2025-02-04

My mom inherited money but she is homeless

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My mom inherited money but she is homeless Homeless, inherited 230k. What should I do? Hi all. My mother is on ssi and has received 205k she doesn’t own a home and has two dogs, She wanted to start a business but she had multiple personality disorder and has a million different ideas. What should her first course of action be for this money? Housing or where to invest her money as well? …

Reddit Personal Finance 676 2025-02-03

My mom travelling alone wheelchair to Chicago

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My mom travelling alone wheelchair to Chicago My mom is traveling alone from Delhi to Chicago with airindia and I booked wheelchair assistance for her. I’m not sure how the wheelchair service works in Chicago at port of entry . Where will she get the wheelchair, and does she need to ask someone for it? She doesn’t speak English but is fluent in Hindi. How does immigration work for non-Engli…

Reddit Travel 600 2025-01-14

Your Mom Has Been Acquired by Omnimomcorp

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Your Mom Has Been Acquired by Omnimomcorp As we all know, we live in an era of monumental change. We’ve always prided ourselves on being at the forefront of growth, which is why today, we’re thrilled to publicly announce that Mom has been acquired by Omnimomcorp, creating the premier partnership in unconditional love and updates on what the dog ate all day. Since 1990, Mom has set out t…

McSweenys 619 2025-01-14

Single mom who posted earlier about retirement

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Single mom who posted earlier about retirement Hi again 🙂 ThANK you to everyone who commented on my previous post. You really helped me tremendously, I am no longer fully freaking out and now just a tad freaking out but much better than before! I called fidelity and they gave me two options where to invest my Roth ira money. Either the FDEWX or the FDEEX. What do I choose? Which is a bett…

Reddit Personal Finance 544 2025-01-07

updated: Should I have my mom on my bank account at 23?

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updated: Should I have my mom on my bank account at 23? Back in Jun, I set up an account at a local credit union. at this point, the joint account with Mom still exists but nothing goes in or comes out anymore. Now for some reason, she pretty much refuses to give financial advice if I ask even though I didn’t do anything wrong. it’s like I tell her, I’m blind not stupid so what is her problem? am I i…

Reddit Personal Finance 388 2025-01-05

Northen lights trip with mom (62F)

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Northen lights trip with mom (62F) Hi All! I am doing some research to decide on a place to go with my mother to see the Northern Lights. So far Yukon or Fairbanks seem ideal in terms of distance (we are coming from the US), but also looking into Reykjavik. Thanks for any input in advance! My priority is that we’d be able to see the N Lights and minimizing chance of clouds. Unde…

Reddit Travel 1.0k 2024-12-13

21 Young mom, needing advice

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21 Young mom, needing advice Hello! I’m a 21 y/o single mom looking for financial advice. For a quick little backstory, (my mother passed in ‘21 and my father passed less than a month ago. He was the main provider of the house as my aunt was the co-tenant and now that he’s gone, she can not afford to live here and neither does she plan to bring me or my son with her, which …

Reddit Personal Finance 744 2024-12-09

Trying to help Mom after she receives a payout

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Trying to help Mom after she receives a payout My mother is 66 yo. She has a pension from the post offices that pays about 4k monthly after taxes. She currently lives in Boston where Quality of Life and Cost of living are both bad. She has minimal savings and does not own a house. She had been taking care of a relative in her retirement and they unfortunately passed. However she is going to…

Reddit Personal Finance 721 2024-12-08

my 65 year old mom needs help on investing.

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my 65 year old mom needs help on investing. TDLR: She has no savings at all and does generate about $3000 a month. She is a health freak and is actually pretty healthy for her age so she wants to continue to work till she is 75 years old if the universe allows. She has brought up to me that she wanted to invest in the stock market but I’m not quite sure how to help her invest. How should …

Reddit Personal Finance 501 2024-12-03

New mom trying to rekindling my love for makeup

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New mom trying to rekindling my love for makeup Makeup used to be so therapeutic for me but I often find myself rushing so I can take care of the baby. Please tell me what I can do to improve. I gained 50 pounds since my pregnancy, life has been so chaotic and stressful and I think it shows in my face. 😭 This was the first time in a year and a half that I’ve put makeup on myself please be gen…

Reddit Makeup Addiction 1.1k 2024-12-02

Recently divorced mom, needs a plan

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Recently divorced mom, needs a plan Went through a divorce 2 years ago. Not amicable. Was left with a lot of debt I’m just paying off. I need a plan for the future. I have two kids one in High School and one in Middle School. I have the house, he took the retirement. I have 14 months to refinance in my name only or sell. The home is currently under a 2.8% interest rate. I’ve appli…

Reddit Personal Finance 764 2024-11-04