Should I pay down my car loan ? Hello, a while back I let my dad borrow 10k & today he just payed me back, my question is if I should put it towards my car loan or should I put into my hys? Currently owe 32k with a 6% Apr. submitted by /u/kobe3924

I have 6k left in student loans to pay off and 8k in savings. Should I pay it off and be done with it? The alternative would be the continuation of contributing to my HYSA while slowly chipping away at the student loans like I’ve continued to do for some years. I’m not sure if it’s worth it just to pay off my student loans and be done with it. For context of the question, yes, I will still be able to pay rent and live comfortably until my next pa…

Company pay structure change Should I expect any changes to my income with this new change? Will the extra shifts not be worth as much anymore? I’m currently at $59/hr working 12 hour shifts. I will be dropping to $51/hr but I will be at 1.5x after 8 hours. I like to work 4 shifts a week putting me at 96 hours on a paycheck. Thanks! submitted by /u/Wise_Set_8752

Hospital asking to pay down payment in order to pay installments Hi so our hospital is like $8k, and they want us to pay like 10% as down payment. We can’t make a down payment, as my husband is the only person who is working right now. And then we have to pay like $200 a month. What other options do we have? They aren’t taking only monthly payments. submitted by /u/FickleEye4184

Should I pay off my student loans tomorrow? Hello! I am selling a home I bought about ten years ago for very little – it’s paid off in full, and I’ll be making a nice amount of pocket change. I currently have $30k in government loans that I’ve been paying the minimum on since 2014. I am in product marketing so public service payoffs aren’t happening. I pay about $370 per month, I make abo…

Personal loan to pay off car So, I am trying to find a way to get rid of my car. It is worth roughly $9k (kelly’s blue book) and I owe $14k on the car for 38 more payments. It equals out to about $408 a month, if I were to take out a $14k personal loan to pay off my car, then in turn sell my car that I now own and put that money towards the loan it would then only be $4k is…

Is Plasma Donation Worth It for the Pay? I’ve noticed the promo bonus rates for plasma donation are really good and seem worth it. However, I’ve seen some people mention they get $25 per donation, with each session taking around 3 hours. This means they’re effectively earning about $8 per hour. I’m struggling to understand why people advise donating when the hourly pay is relatively lo…

Bi-Weekly Pay (80 hours) is less than 2 Weeks of Weekly Pay (80 hours) Apologies if I’m missing something here/this is basic knowledge. Basically the title, but my biweekly paycheck of 80 hours worked is roughly 93% of what it would be if I was paid on a weekly schedule for the same amount of hours (80 hours). Is this a clerical error / billing issue on behalf of payroll? Or is this a distinction between weekly a…

Thoughts on Pay Down HELOC First-time homeowner and made the mistake of not understanding fully how a HELOC works and the variable interest. HELOC was low for many years and payments were manageable but interest has jumped to 10.25% in the last few years. This year, we have managed to make the required monthly payment and are throwing an additional $1K at it monthly. The …

Pay down Mortgage or wait for refinance? I purchased a home in late 2023 on a 5-year ARM at 6.49%. The mortgage is fairly large, and therefore our monthly payment is also large although within budget. I was told to refinance when the rates come down (I know, I got sold on it) so my strategy has been to put money in a HYSA (5.1% interest) so that it can grow and I can contribute extra w…

I have a question about some debt I’m trying to pay. Hi r/personalfinance , so I have a question about payments, whenever I go to my bank they get stumped with my questions that seem simple, so I stooped asking. I have 3 debt of about 10 000$ so 30 000$ to pay off, all 3 at 10% interest. so I pay about 300$ a month of interest. My new job pays me about 2000$ per pay (rounding it up), how should I…

Should I pay my car off? I (24F) have a $24k car note at 8.49% for 60 months. My monthly payment is around $520 and I have 58 payments left of a 60 month loan. I am trying to decide if I should pay my car loan off this Fall or if I should save and just continue to pay the monthly payment. Some background: -This is my only debt -I live at home and typically save anywhe…

Pay off my house or invest? Throwaway account due to privacy. I inherited $525k from a death in the family. 34 years old, married. $220k household income. $195k in 401k which is maxed each year $160k in two Roth IRA accounts (mine and wifes) maxed yearly. $40k in a taxable investment account. The ONLY loan or owed money we currently have is our home. Home was built in 2018…

Out on workers comp waiting for pay. I’ve been out on workers comp for almost 2 months now with with a shoulder injury and without pay. I’m about to have my phone shut off and payments being declined. What can I do to get the money to make my payments without breaking my workers comp restrictions? submitted by /u/Bobbis2011

Selling Gear to pay off debt? I have about $2.5k left on my car loan @ 6.2% interest. Also have $1.5k of CC expenses. I got into the bad habit of online shopping for camera gear, music gear, and excessive media consumption during peak COVID. Now that I am in a healthier place and starting to manage my budget; curious if anyone has struggled with just buying stuff and how the…

You may not need Apple Pay to tap and pay with your EU iPhone soon Photo by Victoria Song / The VergeApple could soon let developers in the European Union use its tap-to-pay technology. A report from Reuters reveals that EU regulators could sign off on Apple’s proposal to open the payment system next month, putting a two-year-long legal battle to rest. In 2022, the European Commission accused Apple of abusing “…

Use most of savings to pay off car note at 7.5%? Hey PF, just wanted to get some thoughts on using most of my savings to pay off my car loan. Savings: 15k Car loan: 12k @ 7.5%, 310 monthly I could probably rebuild savings within 4-6 months, through stable municipal government employment. Is this a no-brainer to pay it off with my savings and free up 310 in the monthly budget, or is this too r…

What is the best way to pay down my debt I am a 23 year old making 82k in a MCOL city. I currently have 30k in Sallie Mae loans & 15k in federal loans. My rent + utilities are $1760 and I have a car payment of $475 per month. I’m considering the avalanche method but I’m not sure if anyone has any other advice, thanks! submitted by /u/173140

Do I Need to Pay Quarterly Taxes? Thank you in advance for the help! I am trying to figure out if I need to pay quarterly taxes as I know they are due tomorrow. I am a stay-at-home mom but started working a couple nights a week at a doctors office last year doing some filing etc. I make less then $6,000 a year. My husband makes around $120,000. I had no knowledge of quarterly…

Should I sell my stocks to pay off my car? I have a 2019 RAV4 that I owe 18000 on at 9% APR. I have about 13000 in different stocks. With the amount I put into my account and the amount I pay on the car l expect them to be equal sometime this summer. Should I sell the stock’s and just pay off the car? Or just stop putting money into the market and just use it to pay off the car faster? O…