#ownership

529 Ownership Change

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529 Ownership Change I know this question is asked a lot but it’s still not clear to me if this is possible. Background: My mom set up a 529 for my child (now 15) 10 years ago. She put in the initial chunk and I have been contributing to it monthly since then. I’ve also given the gift link out to friends who have made deposits. She has been reliable and trustworthy…

Reddit Personal Finance 421 2025-01-29

55, no savings, no retirement, no home ownership. Terrified.

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55, no savings, no retirement, no home ownership. Terrified. I’m 55, no savings, no retirement, no home ownership. I’ll try to be brief in telling you how I got to this point, but bottom line is I made a poor life choice. 10 years ago, I was married, a stay-at-home wife and mom for 15 years, when my husband “abruptly” walked out. (It turns out, an old girlfriend had tracked him down on Facebook and they’d…

Reddit Personal Finance 578 2024-12-06

Is home ownership for everyone?

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Is home ownership for everyone? I could totally save money over the next year and get a home. I currently live at home with family still. 25yo. Making $100,000 per year in variable sales income. I am not even sure I want to own a home. Is that valid? Part of me just wants to rent. Is that okay? Part of me thinks rent is a waste submitted by /u/RageKangaroo

Reddit Personal Finance 1.3k 2023-12-03

Taking ownership of UTMA at 23

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Taking ownership of UTMA at 23 I don’t want to delve too much into the context but I’m cutting ties with my family and am going to be taking ownership of a UTMA account my mom has had in my name for years now. I’m not sure how much is in it but it should be enough to get me through the remainder of my career training (1-1.5 years). Asking for ownership of the account has cau…

Reddit Personal Finance 276 2023-08-25

LPT – planning for pet ownership

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LPT – planning for pet ownership Young adults often get a pet as soon as they can after moving out. However, having a cat or dog especially can make your housing more precarious. If you ever were to find yourself evicted/homeless it is much harder to couch surf with a pet or use other emergency housing. No one wants to think it will happen to them, but many young adults are liv…

Life Pro Tips 162 2023-08-13

D-Wade joining ownership group of WNBA’s Sky

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D-Wade joining ownership group of WNBA’s Sky Dwyane Wade, who will be inducted into the Naismith Basketball Hall of Fame next month, is joining the ownership group of the WNBA’s Chicago Sky.

ESPN 329 2023-07-15