Pay down my 30yr 5.875% loan? Or not? I get flustered with details. I’m a first time homebuyer who bought a $330k home in the Midwest with 25% down late last year, term was 30yr 5.875% (with points). So that leaves me with about a $240k loan. Generally I don’t like debt, specifically the sense that I am paying some unknown entity for the privilege to use their money over the cours…

Withdraw from 401k to pay off debt? I have the urge to withdraw to get a clean slate and move forward without the stress of debt. I understand penalties , etc. Is peace of mind worth it? Update – Thank you all for your quick responses. I will opt not to withdraw but just needed confirmation of what I know is the best choice. I will not be homeless but understand and have empathy f…

Is it worth it to pay 5k more for a vehicle with 60k fewer miles? So I’m looking at getting a 2021 RAV4 hybrid, I drive 80 miles a day for work in a mountainous region with expensive gas and lots of snow, so getting something with good mileage, AWD, and reliability/longevity is important to me. I’m financing (hate it but that’s where I’m at), and thankfully have an 800 credit score. My current options are: Get…

Netflix won the streaming wars, and we’re all about to pay for it Illustration by Nick Barclay / The VergeWhenever Netflix raises its prices — which seems to happen roughly as often as Ben Affleck falls in love with an A-list celebrity — the company always gives the same reason. It needs the extra money, you see, in order to keep investing in the kind of programming and product its 302 million subscribers dema…

Pay credit on salary Is it bad to pay your credit card in full twice a month the day you get payed? submitted by /u/davidblack210

Unsure about how to pay tax On my stripe it says I owe 1.86 in taxes to the uk for a sale of $8, is there a way I can refund this and not have to file any tax return I am selling a digital good and am under 18 submitted by /u/No_Employer3896

Best way to pay for upcoming expense? (20k) Hi All, Just found out the other day that our boiler is cracked and needs to be replaced. We are based in the New England are so we have very cold winters. We currently have an oil tank but are using this to switch from Oil to Gas to prevent any future liability with oil tank. The estimated cost of this is around 20k. I currently have a chase sa…

40K Inheritance: To Save or To Pay Hello everyone, I (31 M) recently came into about 40k from my mom as inheritance and have been trying to figure out what to do with it, besides letting it sit in my bank account. My wife and I have worked very hard to get out of debt and raises our credit scores to about 750. With the inheritance I’ve been thinking about paying off or down our …

Should I sell stocks to pay down car loans? Currently have 2 car loans: Owe $4000 at 6.4% on Car 1 and $24000 at 8% on Car 2. I have $7500 in stocks and $20000 (5 months expenses) in savings/emergency account. Should I go ahead and pay off Car 1 without touching stocks/emergency fund or should I pay off Car 2 by selling stocks and using most of the savings? I’m also saving around $1000 a …

Should I Pay Off Mortgage Early? Hello! My wife and I are trying to decide if we should pay off our mortgage. We understand that we could put this money in the market, but we’d love the piece of mind that a paid off house would provide. HHI: $170k Mortgage: $80k @ 4.99% (house value of $530k) No other debt We are both maxing out 401k & Roth IRA. After paying off the house, we…

Banned from Stripe and Revolut Pay with No Disputes Hi everyone, We’re a Shopify e-commerce store selling furniture with a $250 AOV. Initially, we processed $10k via Stripe without any issues, but were banned without explanation. We then switched to Revolut Pay and processed $30k with zero disputes or chargebacks, only to get banned again. We’ve followed all compliance requirements and have a cle…

Book now, Pay later… My partner and I are planning a trip to Japan this April and are currently exploring hotels on Expedia and Booking.com. Has anyone used the “Book Now, Pay Later” option? I’m curious if it’s as good as it sounds! If anyone has had any positive or negative experiences with this, please share—I really don’t know much about it. A few things I’m wond…

Savings vs unsecured debt pay off Quick opinion question. I’ve paid a credit card down from $3000 to $728. I have $4500 in savings right now (not including retirement and c money market funds). Should I just pay the damn thing off? I’ve been posting $400 per month to get rid of it… And I like having ‘just in case’ money in savings. But the interest accruing drives me nuts. Sug…

Apple Pay Now Lets You Pay Later With Synchrony Synchrony is now available as a buy-now, pay-later option when checking out with Apple Pay online and in apps on iPhone and iPad. Synchrony was added to a list of Apple Pay installment providers in the U.S. in an Apple support document that was updated today, joining Affirm and Klarna. The addition was spotted by MacRumors contributor Aaron Per…

I Will Pay Any Amount to Not Pay My Taxes I’ve gotten myself into a bit of a jam. A series of natural disasters is barreling towards my home, and there is a severe shortage of resources and trained professionals available in my community to help me stave them off. So, I am putting out a call for any available public service personnel to help me protect my property. I’m willing to pay li…

Pay off debt or Roth I’m 19 and have about $1,500 in a Roth IRA sitting with Schwab. I quit my job about three months ago, thinking I’d have another one by now, but with college and EMT school, I have zero time, except for some substitute teaching gigs here and there. Although I’ve never been a huge fan of credit cards and have never had debt before, I’ve built up a…

Start saving for a house down payment or pay off student loans I’ve been focused on paying off my student loans for the past year using the avalanche method but I’m planning on buying a house with my fiancé in the next 1.5-2 years and I’m not sure if I should keep prioritizing my student loans or start saving for a down payment. Current Salary: $175,000 (~$10,000 take home every month) • Federal Student Loa…

Sell stock to pay off car? So a year and a half ago I started with 15k and have managed to turn that into roughly 60k. Should I sell 20k of it to pay off my car loan? 3 years left at 6.4% submitted by /u/ParticularShoddy1014

To pay off car or use for down payment on house? Good afternoon, here’s my question. I’m due to receive roughly 90k in the coming months. We are renters now and planning on moving in June to Denver for work. We just bought a new car with a monthly payment of around $700a month. I have a solid income so money isn’t tight but just curious if that 90k would be best spent completely for a down pay…

Pay off the mortgage or invest? Where to invest 150k My wife is in her mid thirties and is a semi stay at home mom. I’m in my mid forties. We own an e-commerce business that she dedicates a few hours a day. I work at a fairly large company and make around 65k a year, with 20% going to a 401k. The 401k is sitting at 80k. The business will do about 600k in sales this year. 25% …