Why are banks so restrictive on transfers? How do I move my money? Last year I moved to another state. At the time I didn’t want to deal with moving, starting a new job, being in school full time AND dealing with switching banks. Now that’s stuff has somewhat settled down I’m trying to move money from my old bank to a new one. The issue is I am capped at $2k per month for external transfers at the new bank. I…

My mom (62) has not saved up any money for retirement and does not qualify for SS. What can I do? My mom is 62 and has no retirement, is a renter that does not own a home, and does not qualify for social security. I am not in a position to take care of her financially when she stops working. While I do own my home, it is preferable that she doesn’t live with me. Is there insurance, savings, investing I can do to prepare her for retirement?…

Criminal networks use Spotify for money laundering, SvD reveals (a Swedish newspaper) Gang members are now explaining the process themselves. “We have paid people who have systematically done this for us,” one criminal told the newspaper. ​ The streaming service Spotify has become an ATM for gangs, an anonymous police officer tells SvD. Officer “Johan” and his team are working on recognizing patterns and mapping out money flows w…

I keep wasting money when grocery shopping. What do I do? It seems no matter what I do I can’t ever seem to grocery shop properly. I just never know what to buy. I always end up getting the most random things. I usually just go into the store blindly and just end up wandering around aimlessly and picking up whatever “looks good”. But now I realized that I wasted around 300 dollars and it feels like I d…

I Put My Money on the Weeping Mothers at the Tennessee State Capitol Our state’s Republican supermajority has again done nothing in the face of the slaughter of our children.

When to put money towards car loan Hi all, Just bought my first car with a 4 year, 3.9% loan. I got a sign on bonus from work and want to dedicate at least 5k towards the car payments. I was thinking of putting it in an Hysa and waiting until I’ve made enough payments that the bonus money is able to completely pay off my loan. That way I can make some extra interest since the mon…

LPT Request: How to save Money better? I am 25(m) and for some reason even though my expenses are quite low, I can’t seem to save a lot of money. I have been trying for years but as soon as I have to pay out for something I struggle to build it back up. I don’t have many outgoings, I don’t go out in the evenings that much, I have don’t buy video games, I don’t have a lot of subscrip…

LPT request: How to Save Money to Pay for Engagement Ring … without SO noticing. How do people do that? Won’t my partner notice when a couple of thousand pounds disappears. I already sold my piano and two guitars saying I have no time/ interest in playing music anymore. Still need about £1000 or more on a tight budget. Ideas for sneaky but fast £££ submitted by /u/VeganEgon

Money transfer coming from Europe I am receiving money from my father who lives overseas. He will be wiring the money to USA. Tax wise is there anything I should be aware of on the receiving end? submitted by /u/Slight_Equipment8057

Does anyone have any money saving tips? I’m trying to save money to buy a car but I’m really bad at budgeting. I’m trying to learn but it’s difficult with my living situation. I don’t make a lot of money at my job due to personal issues, if anyone has any suggestions or ideas that would be much appreciated and very helpful! submitted by /u/throwaway74738287

How to be smart with money I’m 40 years old and need some advice on saving money or some good ideas for side hustle. Any suggestions on investment opportunities too. I have a stay at home wife and a seven year old. Working all week for me is only enough for paying bills. Please any suggestions especially what I should invest in. submitted by /u/JessMattHa83 …

LPT request: What have you done to save money during times of weak paychecks? submitted by /u/ShatteredStorm98

Came into money, now what? My grandmother is up there in age, and is doing her final planning now. She has decided to gift all of the grandchildren their inheritance early, and I have just received a $10,000 check. While I know this isn’t a lot of money, it’s nothing to sneeze at either. And honestly, this is the largest amount I’ve ever owned. I don’t want to p*ss it awa…

Ally: Money Market vs Savings I noticed that Ally is paying 4.40% for all amounts in their Money Market, vs 4.25% for their savings. Am I missing something, or should I put my emergency fund into a money market as opposed to savings where it is now? It wouldn’t be much more interest, but it wouldn’t be nothing either. submitted by /u/cryptonautic

Best way to save money for child I just had a baby and was planning on opening a HIYSA for her but I’m sure there’s better options out there to save money for my child. I’ve heard about a 529 plan but not quite sure what it is. Does anyone have any ideas on how I could save money for my child and explain to me like I’m 5 years old what they are? submitted by /u/rosaasyke…

Avoid These ‘Money-Saving’ Habits That Don’t Actually Save You Money With almost everything—food, shelter, gas, recreation, you name it—costing more each month than the last, it makes sense to look for any opportunity to adjust spending habits to save a dollar here and a dollar there. There are a few ways to do this effectively, such as cooking at home more and getting take-out less.… Read more…

I’m trying to get serious about money. Is my monthly spending reasonable? Hey guys, so for some context, I’m 24 years old, I live in a big city (HCOL, think SF, LA, NYC), and have a job that pays about $4800 post tax. Living in a big city I’ve always had the idea that living month to month, paycheck to paycheck, was pretty reasonable. After all, we’re young and want to have fun, right? Well, recently decided that I …

Best way to save money for my kids? Hi All – I have 2 young kids under 4 yrs old and want to be able to set them up financially. Currently I am putting $1,000 per month in each of their 529 accounts. I’m maxing out my 401k and HSA. Would you suggest putting perhaps $100 per month in a custodial brokerage or some other account for them or should I just continue with the 529 since i…

App for tallying my money and also taking out taxes? Is there an app that allows somebody to enter in an amount then the app automatically takes out taxes and SS? I ask because a portion of my income 10%-35% I make off tips. people usually tip me by credit card, so I have to wait for it to show up on my paychecks. In order to figure out how much I’m going to get paid, is there an app where I can d…

How to deal with money on long trips I’ve seen a few comments from people saying they have done 6mo to 1 or even 2 years of traveling to different places. My question is, how do you deal with money? For a long term trip… do you bring enough money with you and then start converting little by little to the currency if the country you’re in at the time? How do you deal with 6+month…