- Getting out of an abusive controlling relationship. I'm 22 and have no experience, never had a job, have no GED, can't drive. I need money for an apartment and a car. I'm starting from scratch and I'm scared.
- Affirm: allowing you to pay for your shopping in installements, at 10 - 30% annual interest.
- Saved my first $1,000
- 40 year old stripper where do I go from here?
- Is there any way to prepare for another Great Depression?
- My employer is cutting my pay by 28%. What are my options?
- (US) I might be laid off. What can I do to prepare?
- I spent $700 this semester on food I didn't need
- Being threatened by a “Legal Department”
- Recently got a raise, went from now aca insurance will be $600 up from $150.
- Always get a second opinion (dentist)(story time)
- Im scared
- Insurance only paid $50 of my medical bill, hospital charging me for the $700 balance I cannot afford.
- Threatened to be taken to small claims court and have my existing bank account frozen. Is this all legitimate?
- Buying an engagement ring and have the cash in savings, does it make sense to use the jewelers 0% interest loan or just pull from savings?
- Messaged a woman on craigslist for her car, seems too good to be true, am I being bamboozled? info in description.
- I am 15. Just received email from PayPal about Tax Payments. Please help.
- Not drowning in debt but treading water
- Billed For Something from 15 Months Ago
- Can someone explain all of these to me?
- What happens if I want to sell a share that is not liquid enough ?
- I messed up and will now owe a LOT in taxes next year.
- Need your help! I read the Wiki, but I want to make sure I don't screw up my retirement/investment plan!
| Posted: 30 Nov 2017 11:48 AM PST My life has been weird. I'm getting out of a controlling abusive relationship. My boyfriend wouldn't allow me to get my license, or have a job, no friends ect. I'm currently visiting family for holidays, and plan to just stay. My dad is 100% for me living with him. So that's not an issue.. But I'm not gonna just live here and be a burden. I need to get a job, I need a GED, my license, I need an apartment. I'm starting from scratch. Totally. I don't know where to begin and I just need some advice. My mom took me out of school in first grade. She schooled me until about third grade, and abandoned everything. I can do basic addition and subtraction, but not multiplication or division :( I have a bike, so I assume I could bike to work (my dad has 4 kids to take to school at different hours). But what do I do first? A job? License? A house? 😠I figure I'll study for my GED while I work on a job, I just don't know what jobs would hire me :( [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Affirm: allowing you to pay for your shopping in installements, at 10 - 30% annual interest. Posted: 30 Nov 2017 07:29 AM PST Interesting article discussing the company "Affirm". Founded by the former CTO of PayPal, this company has raised half a billion dollars from investors and offers a new way to pay for your shopping. I think it is worth discussing the dangers of using this kind of financing. Feels to me that this type of service will incent people to buy material goods beyond their means, and fall into a vicious cycle of high-interest loans.
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| Posted: 30 Nov 2017 06:04 PM PST It might not be much to some but for someone who never saved anything it's a milestone for me. Saved $100 per month. What's the best way to grow this other than to keep saving. I earned 18 cent intrest on this :/ [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 40 year old stripper where do I go from here? Posted: 30 Nov 2017 02:01 AM PST I have currently been a stripper for twenty years now. I do have a bachelors degree in University Studies but I never used it. I have been suffering from terrible anxiety and depression. I've tried to hold down 9-5 jobs without much success. Dancing does give me the flexibility to miss work when I just can't get out of bed. After all these years all I have to show for it is $12,000 cash. I payed off my college debt and also my car. I am debt free but have little cash to show for it. Where do I go from here? Lately I've been able to save around $250 a month. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is there any way to prepare for another Great Depression? Posted: 30 Nov 2017 11:52 AM PST With the way things are going, this seems like a real possibility. Not imminent, not panicking, but if the economy goes to hell, what is the best way to plan for it? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| My employer is cutting my pay by 28%. What are my options? Posted: 29 Nov 2017 09:04 PM PST I live in Missouri, and my company was just acquired 5 months ago. I was hired on for a new position, and was given 0 on-boarding or expectations, sales goals, etc. No employment contracts were signed. My supervisor has only told me great things about my work, and has told me repeatedly how excited he was to have my knowledge on the team. A business partner of my supervisor told me today I wasn't meeting expectations at the company and would be taking a 28% pay cut. I will also be working for him part time, and my other employer part time. (They both share partial ownership in the other's company) I know are there are some red flags here but I'm mostly wondering: If I accept the pay cut, will it greatly affect my future salaries? If I decline, can I file for unemployment? This was sort of a bomb shell for me, not really sure how to proceed. Any advice is greatly appreciated! [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| (US) I might be laid off. What can I do to prepare? Posted: 30 Nov 2017 07:27 AM PST OK basic points:
Questions:
Again, this MIGHT NOT happen, but it is a possibility and I need to be prepared. I would most likely look to leave the job once my finances are in order, but right now any change would really be a hurdle. Thank you. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I spent $700 this semester on food I didn't need Posted: 30 Nov 2017 12:43 PM PST Hi all, I am a college student and have been doing pretty well financially this semester, being able to buy myself "stuff" whenever I want. However, what I never realized was just how much money I was spending that I could have been saving or paying off loans. I live at home, so it is perfectly easy for me to make a sandwich and eat lunch at school that way. But instead, I chose to buy lots of coffees, burgers, Popeyes etc. and burn $700 which could have been $100 or less if I were more frugal and prudent. Pay attention to the little everyday expenses and see how they add up, especially as you start out. Use MINT or some other software to figure out where you money is going so that you can learn from your habits and mistakes. EDIT: looks like people resonate with this! My first solution this week?: using cash only for food and coffee purchases, limited to $20 per week no matter what. This is still a lot of money, but a good place to start and will eventually get this down to maybe $10 or less. I live at home and my parents purchase all the food, coffee, chocolate I actually need, so I have no excuse. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Being threatened by a “Legal Department” Posted: 30 Nov 2017 09:49 AM PST I just got a call from someone claiming to be from a legal department saying that I owe US Bank $887 for overdraft fees or some crap. He was talking so fast I couldn't even hear it all. This account was opened in 2004, and I don't know when it was stopped being used because it's quite possible my douche ex-husband wrote bad checks on it (I was 18 and stupid). I haven't had any contact with this bank account no later than 2006 and I don't even think it was that long. I think I actually stopped using that account in 2005. This guy says that they've sent me notification after notification at one of my old mailing address which I have the forwarding set up so I would've recieved it here. He's telling me that the statute of limitations (10 years in Iowa)doesn't apply to the bank. He's telling me that he's going to levy my bank accounts and garnish my wages. Obviously I know that he can't do both, but you get the picture. He said after all the court costs and fees that have been incurred adds up to $1400. I honest to God do not know anything about this this was 11 years ago plus and I'm just now hearing about it. I'm really scared. I work two jobs trying to pay off everything and take care of my kids. My husband works as well full-time. I'm wondering if maybe I should take my name off of his bank accounts? I don't know what to do. Any advice would be greatly appreciated. I have no idea how much of this is actually mine or how much of this is my ex-husband. I just don't know. He says that he's going to go ahead and file it with the courts. I am under so much stress right now this is going to topple me over the edge. I don't have money for a lawyer and I just don't know what to do. So any help would be greatly appreciated. UPDATE- I did get ahold of US bank and they said they sold the debts off to a company in 2007 and they don't have the amounts. I have no idea about these debts. I guess I probably do owe something but I've never received anything. Not sure where to go from here. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Recently got a raise, went from now aca insurance will be $600 up from $150. Posted: 30 Nov 2017 02:06 PM PST Anyone know a way I can lower it? My employer doesn't offer health insurance. Additional information - the original cost of my healthcare was $400 a month for a gold plan but I go $250 subsidized so $150 a month total for dental and general. Now for silver it's around $600 a month. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Always get a second opinion (dentist)(story time) Posted: 30 Nov 2017 01:41 PM PST So two years ago I started going to a new dentist. It was a nice place, great reviews online and close to home. On the second appointment the dentist asked me if I grind me teeth at night and I said "I don't think so". He said there was some kind of wear on my teeth that indicated grinding. He recommended a night guard that cost $650. Didn't have that money so I never bought one. The next 2-3 times he kept on bringing up the same thing. I decided I should get a second opinion from another dentist to see if I really did need a night guard. I went in today and didn't tell them about the previous dentist. I just told them I hadn't seen a dentist in years. Got my teeth checked and they said I had perfectly healthy teeth Long story short, everyone is a salesman, even your dentist. Always get a second opinion before spending a lot of money. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 12:16 AM PST EDIT: Im not sure some people are understanding my situation. I trim for SWIM so SWIM will pay my electric and rent (on a small trailer) I "get" movies and music for 3 of my friends who in turn pay for my internet. I get most of my wage garnished from the state of Oklahoma. I have talked to lawyers about making it more fair but the cost and time is so silly. The last lawyer i talked to said it on average takes up to a year to stop tone down garnishment. I have been working on trying to fix this for years. EDIT: Wow thanks everyone for makeing me feel better with good advice and hope that people care. The problem is not being able to get a job its the garnishments I live in Oregon now and this state used to set a garnishment limit on my pay. 4 to 5 years ago the state of Oklahoma took control of it with some new law. Since that day all my checks from jobs are comically small. Like 45 cents I have 3 real stubs from a full time job that are for less than $1 lol. Also Is m not trying to milk the state for disabled pay but I am a bit crazy. I have mild auditory hallucinations at night. I have a medical weed card so im not just some stoner. Im 31 and I have been working under the table (trimming weed) and making youtube videos for some years now like 4. I don't make much money I pritty much trim for rent and bills. The YouTube is slow going but a man can dream. I have had mental problems for a long time (Depression anxiety) and im trying to get back to the point where I can pull my life together. Its hard to explain the gap in job history and even then I worked for a temp agency for 5 years before that and the agency is no longer a thing lol. I just don't know how to start. Should I look for a low stress job (low stress lol no car) or should I seek disability. I would never hurt myself but *$ck man I haven't thought about it so much in a long time. My ex-wife had a child when we were together...it was not mine :/. So in Oklahoma (where I lived at the time) thats my baby no matter what. Lol and not to get all sad AF but she left me and came at me for child support... and I paid for like 2 years being held hostage by the logic of the cort system and I swear im not making this up my house burnt down. I was left with 2 or 3 boxes of stuff I had stored at my moms who lovingly took me in. The things I didn't get to save was my payment receipts so when my ex clamed I never paid a dime the state of Oklahoma informed me they don't keep records on payments thats up to the father. Lol at this point you see why I consider death an option so here I am. 31 sad AF and cant make money. I have skills like i said I worked like 375 temp jobs and never had a bad comment. I rock at customer service and sales but the only thing I could sell and not get garnished to death is drugs and that sucks and often times leads to more stress. Im not even sure what im doing here or even are hoping to hear. Just thanks for taking the time to read my rant lol. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 06:36 PM PST I don't understand what is going on. I went into the hospital for 3 stitches about a year ago, and when the hospital claimed they couldn't get in touch with my insurance they billed me for the full amount. I eventually made them enter a conference call with the insurance company and forced them to start talking to each other. Now I've received a bill that the insurance company only paid $46 of my total $700 bill. This is ridiculous! Is there anything I can do? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 03:30 PM PST Back in 2006, I opened up a joint bank account with US Bank with my father because I was a minor at the time. During this period my account became overdrawn a few dollars, thanks to my dad taking my debit card while I was sleeping and buying a pack of cigarettes without knowing (or caring) that I didn't have enough in the account to pay for it. The account immediately started accruing fees and daily overdraft charges. It became so out of hand, so fast I had no way of paying it off and basically just forgot about it. Fast forward to this week. I received a call from an unknown number saying they're a firm called PS Group and that they have intentions on taking me to small claims court to receive an amount of $2,456.02 due to the overdraft charges and fees back in 2006. They said that they will also report this to Chexsystems which they will then have the power to freeze all my existing bank accounts (I bank through Fifth Third). This has all become very overwhelming and I honestly don't know what to believe. I talked to my dad about this and he believes it's some sort of scam, however all the information they have on me is indeed accurate. Even if it wasn't, he wouldn't be able to help me financially anyway. I don't have the money to afford paying them, and even if I did, is this all for real? Can they really take me to small claims court and have my bank account frozen for something that happened over 10 years ago? I tried researching this company but found very little information on them. How should I handle this? Any advice would be greatly appreciated. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 12:04 PM PST Wondering if it ever makes sense to use the stores 0% credit option when you know you can pay the debt back in full over the allotted time or if you should always without a doubt use savings. $4K is about 20% of my savings now [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 07:09 PM PST I messaged a woman on a craigslist post for a 2007 FJ cruiser listed at 1500, she responded saying the price is indeed 1500, car is flawless and she needs it gone because her daughter died and she can't see the car anymore. Is this too good to be true? Here's the email: https://imgur.com/a/xSndl Also, this is a new email from her: `Hi, The car is located at eBay warehouse in Omaha, NE,headquarters, in the container, sealed and ready for shipping. Also the price is low $1,500 because i want a fast deal, the car belonged to my daughter and it brings me bad memories.Like i told, the car is in perfect condition with clear title, no liens or loans. All the documents including the title and the bill of sale with my signature on it, will come along with the car and it will take no more than 2-3 days to arrive at your address. The transaction will be made thru eBay's Buyer Protection Program because they can protect both of us and they also offer 5 days inspection period. You'll have 5 days to inspect, test and drive the car before decided to keep it or not. If the vehicle is not like I described, you'll ship it back on my expense and they will give you a full refund.eBay will hold the funds until you receive the car with all the papers work. Only after you confirm them that you wanna keep the car they will release me the funds. In this way, you will be able to inspect the vehicle before committing to buy it. If you want to start the transaction with eBay just reply me with your full name,full shipping address and your phone number,then eBay will contact you with further instructions. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I am 15. Just received email from PayPal about Tax Payments. Please help. Posted: 29 Nov 2017 10:41 PM PST Hi everyone, I am 15 years old, and run a business. As of today (11/29), I crossed a gross revenue of $30,000 (NOT PROFIT OF 30,000, GROSS OF $30,000)!!!! I received an email from PayPal not only stating that they completely limited my account, banning me from possessing the ability to send or receive any form of payment, but that they need my social security number, tax id number, and worker employment number. I'm 15; evidently I do not have any of those things (besides a social which I was forcibly made to enter). I read this and though, ok, whatever. I can make another PayPal or if I have to, use my Dad's. Now here's where I am stressed, confused, and kind of scared. The next portion of the email said this [direct copy from the email] To comply with the Internal Revenue Service's (IRS) rules, we ask that you submit your Tax ID number to us as soon as possible. Your Tax ID number is one of these:
We are required to obtain tax ID numbers from all online sellers who receive payments for goods or services through PayPal. If you do not provide us with your Tax ID number, your account access will be limited, and you will be unable to request or receive money. After you provide us your Tax ID number, your account will be fully functional. First off, do I owe any tax payments? Second off, how much would the amount I owe be if I've grossed 29,857 this year and 200 from another PayPal they somehow detected. That's around 30,000. These might sound like ill informed questions and I don't mean to sound stupid, but I am totally inexperienced when it comes to this and need someone's help. Thanks! The rest of the email provides numerous instructions regarding how to "reenable" my account.
If you have multiple PayPal accounts, repeat these steps for each account. We'll use your Tax ID number to send tax Form 1099-K to you and the IRS when the payments you receive meet the 1099-K reporting thresholds for the calendar year. For more information, please see our FAQs on the IRS reporting requirements: www.paypal.com/irs. Although the actual email never stated that owe taxes, I went to that link and saw my gross and how the amount received meets the IRS requirements. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Not drowning in debt but treading water Posted: 30 Nov 2017 04:23 PM PST I was going to start with some excuses and backstory but realized that would only be to make myself feel better. I am 34 years old, single with no kids. I work full time in the Boise ID area. Net pay every two weeks is around $1,100. I recently bought my first house. Mortgage payment $900 Utilities around $350 monthly Current debt: Wells Fargo unsecured loan (used to consolidate debt. Purchased furniture and appliances) $10,000 15.99% interest rate @ 60 months $243.33/month Wells Fargo Platinum Visa $3,000 balance 22.99% APR Minimum payment $40/month Lowes Credit Card $3,200 balance 26.99% APR Deferred interest on certain purchases for 12-18 months Minimum payment $40/month Hospital Bill $2,000 interest free if paid in full within 12 months $150/month Collections $5,200 $150/month Any advice on how best to tackle this would be greatly appreciated. Is there a tried and true approach to which to work on first, etc? Thanks for your time. Edit 1: $1,000 HSA contribution in Jan. to go toward hospital bill Edit 2: Expecting large income tax return [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Billed For Something from 15 Months Ago Posted: 30 Nov 2017 06:55 PM PST In August 2016, I met with an accountant for about 10 minutes for what I thought was a "get to know you" session to decide if I wanted to use the services of the firm. There was no discussion of any fees, and it rapidly became clear that I should look elsewhere. I decided not to proceed with using their firm. In the mail today, I received a bill for $105 which is supposed to cover the meeting and an email she sent. The meeting and the email provided no value, but I would have been happy to pay this had charges been discussed...or if I had even received the bill anytime within, I don't know, a year of the meeting. Since this was not the case, I feel like there is some end-of-the-year billable hour digging going on, and I'm not particularly inclined to pay. Thoughts? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Can someone explain all of these to me? Posted: 30 Nov 2017 10:17 AM PST I assumed I was gonna be making $850, but it's actually $805 every 2 weeks. Taxes went from 19% to 24% with my new job. I assume Social Security is for the elderly, but I didn't know there was a federal tax AND a state tax that was deducted. Is medical that's deducted for me personally? [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What happens if I want to sell a share that is not liquid enough ? Posted: 30 Nov 2017 04:15 PM PST Hi, I would like to know what happens if I want to sell a share but I have no one to sell it to on the stock market. If I have to wait for, let's say, 2 hours, at what price will the share be sold ? Will the price be the one when I placed the order or will it be the one when it will actually be sold ? Thanks. [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I messed up and will now owe a LOT in taxes next year. Posted: 30 Nov 2017 05:09 PM PST I work on commission and have the option to claim exempt from (most) taxes on a paycheck to paycheck basis. In February of 2017 I went on vacation and wanted a bit of extra spendihg cash so I turned off my taxes for that commission check. Fast forward to today and I have realized I never turned them back on. I feel like a doofus. Here are the particulars: I have paid roughly 5.5k on 55k salary. I am in CT. I anticipate closing 60k this year. Can somebody please break down some options for me? I have ~32k in my 401k. Can i classify this as a financial emergency? Will the IRS work with me on an extended payment plan? What are the typical terms? How can I best prepare myself for this? 😣 [link] [comments]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 30 Nov 2017 07:41 PM PST Hello and thank you in advance! I am in my early 30s, and trying to "right the ship" when it comes to my retirement planning/investing. I read the wiki, as well as the links within it - very helpful document. I still have questions about how best to setup my 401k, an IRA, and take advantage of my company's stock options. If I am honest with myself, I think my insecurity on my lack of financial knowledge/feeling of deep shame for having not started has caused me to procrastinate getting started. These days are over now though! No more excuses. My situation: I am stably employed. I make a salary of $105,000 yearly, with commission. This commission is paid out monthly, and can be unpredictable. I typically make $25k-$30k in commission, and will likely make this next year. However, I anticipate this figure rising in the future. I already have a 6 month emergency fund established. 401k (suntrust):
IRA:
Stock Options:
Thank you to everyone for your help. I have been reading about this stuff a lot recently, and I am hoping to rectify my past negligence, and build a better plan for the future. [link] [comments]  |
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