Personal Finance Feels like I am drowning |
- Feels like I am drowning
- My car engine died and radiator cracked unexpectedly yesterday leaving me with no vehicle. I have no savings and am paycheck to paycheck as a teacher. Any idea how I can scrap my car and find a really affordable replacement? Or any other suggestions would be very helpful. Thanks.
- Check was cashed - need assistance
- 1 I am being billed $139K for an emergency operation by an out-of-network surgeon (I came through the ER). Now I am appealing - any general info I should know?
- Budgeting Spreadsheet maybe it can help someone?
- WaPo: "Dying at your desk is not a retirement plan."
- Who here has paid off their mortgage? I have a few questions.
- All Around Advice for Newly Independent 19 YO
- My apartment lease is coming to an end! What are your thoughts on renting to own a house? Tired of dumping $1200 a month down the drain for an apartment I’ll never own.
- Barely making it, need help
- Old job continued paying me via direct deposit after I quit, now wants me to pay them back.
- Part time employer wants my debit card number to pay me?
- Someone has my email, address, and mobile
- Oh my god I just realized I've been being underpaid for 2 years.
- If you are still on the fence about a purchase, ask yourself how many work hours it took to earn that money.
- ATM didn't dispense my cash. Should I contact my bank right now or wait to see if the amount gets deducted?
- Advice for lowering $1500/month student loan payment?
- Food Budget Question
- Advice on Becoming a Landlord
- My family is refusing to give me my savings for college and I would like to know what I can do to gain possession of the account and use it for my education.
- Wife just got diagnosed with cancer. Top tips?
- Canadian Relocating to the US
- Hey guys I've been browsing this subreddit for over a year now, but since I am only 15, the majority of things I see here don't apply to me.
- 28 homeless full time college student
| Posted: 03 Jul 2018 07:37 AM PDT Hi Guys, I am an 36 year old single mom of 2 girls that has been struggling to make ends meet lately. Details: I make $16.50 an hour as an Office Manager in S.FL Rent is $1400 $60 for internet and cable $365 car insurance (I am currently looking for a lower quote, but don't think that I will have the down payment that they will ask.) $279 health (my company does not provide health insurance, so I have to pay on my own for my kids and I) $120 cell phone $340 a month for child care Not to mention groceries and pull ups for the toddler (I try to keep it under $300 a month) My youngest one's father was giving me $150 a week, but he had a terrible car wreck in March and he is currently rehabilitating so he is unable to work as a truck driver and hasn't been able to give like he used to. With all this, I always seem to end the month in the red and feel like I am drowning with no where to go. I spend my nights and free time at work looking for employment that pays more, but haven't been having any luck! Any advice would be greatly appreciated. [link] [comments]  |
| Posted: 03 Jul 2018 05:01 AM PDT Edit: tremendously helpful, thank you. Going to have it towed to another shop for a second opinion. Once fully assessed, I'll decide to repair or scrap. Thanks for all the useful terminology and explanations, it will be useful when speaking to the second mechanic because I know very little about cars. Thanks! [link] [comments]  |
| Check was cashed - need assistance Posted: 03 Jul 2018 07:29 AM PDT Hello, so I recently applied for an apartment and signed them a check for $500. My girlfriend and I ended up not being approved for that apartment and the leasing agent emailed me back saying she can shred the check for me. Well, today I get a notice via email that the check was cashed for $500. I have contacted the apartment complex and the lady apologized and said that shouldn't have happened. She said she would be back in contact with me. I'm not hurting for the $500 or anything but I would like to know what the next steps are. How would the apartment complex give me $500 back? I contacted Wells Fargo and they said they can't dispute the charge since I signed for it, which makes sense of course. EDIT: Thanks for the responses, the corporate office called me and they're mailing me a check back today. [link] [comments]  |
| Posted: 03 Jul 2018 04:47 PM PDT Sorry if this is the wrong sub, but considering its a $139K bill it does directly tie into my personal finance hah. The background: Hurt my back and my primary ordered an MRI. I had multiple herniated discs and fluid around my spine so primary Dr sends me to the ER. While in the ER I am told I need surgery. The DR who does my surgery is an out-of-network doctor and now I am being billed for 99% of the surgery. We are going to appeal and I am wondering if anyone has experience with this. Any information or help would be much appreciated! Just let me know if more information is needed. Thank you in advance! [link] [comments]  |
| Budgeting Spreadsheet maybe it can help someone? Posted: 03 Jul 2018 08:26 AM PDT I know everyone has programs or excels, but maybe this might help someone. I've given it to friends and they like this excel. Background:I created this about 5 years ago as a budget excel, but have evolved it to fit my changing needs. I make partial payments since I get paid weekly (ex: Bill is $200, I spread it into $50 weekly payments). I keep due dates in parenthesis next to the name of bill or expense, and fill in with two different colors to differentiate monthly due dates. I usually have it budgeted 12 to 15 months out. Any feedback also helps. Thank you much! [link] [comments]  |
| WaPo: "Dying at your desk is not a retirement plan." Posted: 03 Jul 2018 06:23 AM PDT Just wanted to share this story from The Washington Post from a couple weeks ago...it's a pretty good profile of several different retirement situations. It's a good read. Story here. Edit: while there is plenty to debate here, this paragraph, for me, was the main takeaway, and why I thought it needed to be shared as a reminder: "Every one of us is making a decision on retirement every day, in the way we live and spend our money," Gilbert said. "Not making a decision is still making a decision. Spend the money to buy that 'thing,' and you've made a decision to work longer." [link] [comments]  |
| Who here has paid off their mortgage? I have a few questions. Posted: 03 Jul 2018 07:29 PM PDT How old were you? Do you regret not spending the money elsewhere, like vacations, cars, or retirement? How is your life different? Would you do anything different if you could go back? I'm in a position to pay off my mortgage by the time I'm 32. This is after contributing 18% to my 401k and maxing out my Roth. Part of me wonders if a new truck (would save cash) would make me happier since I can afford it. Or take the family on a nice vacation that isn't camping or the lake. It's hard for me to balance spending now vs spending later in life. I've always been a huge saver and almost feel bad if I spend unnecessary money on myself and family. Dont get me wrong, we are well provided for and happy, but there are things we are missing out on. I'm trying to break the habit. [link] [comments]  |
| All Around Advice for Newly Independent 19 YO Posted: 03 Jul 2018 04:28 PM PDT As of tomorrow, I will be a fully independent 'adult'. I have a full time job making a bit over $16 hourly, though my pay schedule is structured so that I have frequent raises. I signed a lease about a week ago for a nice $900 apartment. I have savings worth a few months of rent. The main reason I started looking for housing was because I live about 90 minutes from work, and I currently have to rely on parents/family/friends for rides. Not many people are willing to take that 3 hour round trip twice daily, but I have a future at this company. I now live close enough that I can walk when it's nice out, pedal bike if its chilly, and if needed I have a few cheap mopeds in my sights. I dont want a car just yet because I'm not sure I can afford insurance. I work 40 hours a week and I'm paid weekly. With my calculations I should be able to live comfortably. I want to start saving for a car, college, and later on a house. They are willing to pay for my schooling, as long as I go to community college, but I'll eventually want a bachelor's etc. I don't have a credit card, and I dont know if I need one. I'm more than excited, but I want to be able to prepare myself thoroughly so I don't end up broke or in debt. What are some important tips that I need to know, and do you have any advice from personal experiences that you'd like to share? I've surfed around this sub a bit and read some articles on credit and saving. Thanks, I appreciate any and all input. [link] [comments]  |
| Posted: 03 Jul 2018 03:44 PM PDT What're the pros and cons of rent-to-own situations?? I see I can initially rent a home for $509 or something until I buy? Basically I'm looking for more info on it. Any advice, or reasons to stay away from this, feel free to lay it on me! Thanks everyone! [link] [comments]  |
| Posted: 03 Jul 2018 12:24 PM PDT Hello everyone. I've been a lurker here for a couple years and this is my first time posting. I'll be up front, I was a little hesitant to post on here because I have seen some of the other posts that people make (do I choose this $90k job or this $105k job, or how do I invest this $30,000 I've saved in the last two years). My situation is not like that. In fact, I'd be jumping for joy to have those kinds of problems. The situation: my wife and I live in a rural area, and we both make $12 an hour, and work full time (40 hrs/week). We have our big bills like rent (800) car payment (300) and childcare (500) and a series of other smaller bills like utilities that total out to roughly 1700 monthly (including our food/gas). We do well on budgeting, and live within our means, but that being said, we are barely able to keep our heads above water. We are living paycheck to paycheck. We have little money for extras like taking my family out to dinner, or even just going for a drive. I make sure my children are well taken care of in terms of food, education, clothing, etc. but it has gotten to the point where I don't know what else I can do. I haven't gotten myself anything material in a few years—all my clothes are hand me downs or thrift store, my kids get a couple toys once or twice a year, and I can't remember the last time my wife and I went on a date. Does anyone have some advice on how to make and save some extra money, or even good financial tips I should be using? [link] [comments]  |
| Old job continued paying me via direct deposit after I quit, now wants me to pay them back. Posted: 03 Jul 2018 05:12 PM PDT I gave a two week notice before leaving my old job. Went through the exit interview, discussed last check and payout of vacation time. I get paid every two weeks. I start my new job. Two weeks go by, I get paid from my new job and get my what I thought was my last check from the old one. 2 weeks later I get paid again for an 80 hr work week from my old job. I immediately contact HR to let them know, they call corporate and confirm a clerical error and tell me to just write them a check for how much they deposited in my bank. My thought is, " I'm getting taxed on this as income" my question is... is writing a check the right way to handle this? [link] [comments]  |
| Part time employer wants my debit card number to pay me? Posted: 03 Jul 2018 10:34 AM PDT I recently signed up with a moving company that seems to work like uber (you choose your availability, and work the jobs you pick). It seems like a good opportunity for a broke college kid, but I am a little hesitant to proceed because they want my debit card info (card number and CVC, not the PIN). I'm in the US, and I'm not sure what they would need this for; can they even pay me with that info? Don't companies typically ask for a bank account number and routing info? On top of this, my debit card doesn't even seem to have a CVC.* I looked the company up and there are a few disgruntled workers, but I didn't find anything to suggest it is a scam. Does anybody have some advice on this? Is it safe to give that information to a potential employer? *Edit: I was looking at my ATM card, which has no CVC. My bad. [link] [comments]  |
| Someone has my email, address, and mobile Posted: 03 Jul 2018 06:04 PM PDT At the beginning of summer, I received an email from someone named Alex about a job. As far as I understand, he sends me a check and I order stuff for offices around America. I was very fishy since it was a way too easy job, but I never sign up my school email for any websites that my school doesn't use (for homework and online notes and stuff), so I figured it was from some school program. (I don't know if he can do anything with my email since I do not use it with banks and such). The emails that were sent to me were very unprofessional; the subjects were always in caps and unorganized, there are some many grammar mistakes and stuff that were in text was very out of format. It has been a long time since the first email and Alex is still trying to recruit me. I think he has texted me I don't think he can confirm that I have given a real number. Today I received a check from Alex of $3,400. The address on the mail was from IL the check was from NY. The company name that was on the check was apparently some sort of bridge building company, or something to do with steel. (Not all the sources say the same thing). Google maps shows a location that contains houses, next to a street that houses small stores like delis, small retails, phone lines, and low cost stuff, not like large businesses. A quick google maps tells me that the mail is sent straight from a house, and not from some office like I figured I should be receiving it from. Imgur link to important details I am sure it is a scam and I am trying to find out about what I should be doing hereon. My biggest fear, currently, is what Alex can do with the information I have provided thus far. E: I will call the police and notify the company that Alex is using as credibility. Thanks for the replies. [link] [comments]  |
| Oh my god I just realized I've been being underpaid for 2 years. Posted: 03 Jul 2018 11:38 AM PDT I hired in with my current company 2 years ago. My original offer letter was for an $80,000 per year salary. I negotiated that up because it was less than what I was making at my previous job and they sent me a revised offer of about $89,000 and I accepted. Now, I feel like a huge dumb ass for not realizing this sooner, so please don't rub it in. I originally didn't notice it in my paycheck because I was paying more for health care, and putting more into my 401k. I thought it was a little weird when I did my taxes this year and my W2 said I only made about $80k, but I thought I was just did the math wrong or got something mixed up, or maybe I negotiated less than I thought I did. Nope, I'm not sure what came over me but I started going through some old emails and came across my offer letter. Sure enough, it said $89k. So why the heck am I supposed to be making $89k but my W2 was only about 80? Yep, turns out when they figured my salary they must have figured it from the original letter and not the negotiated one. So...yeah, talked to HR and they pretty much verified this is what happened, said they'd get to the bottom of it after the holiday and make it right. So, what should I expect? Will they add $18k to my next paycheck or try to spread it out over time. I want my interest on that too, any chance that will be factored in? TL;DR: I've been being paid the salary from my original offer and not my negotiated salary for 2 years and I just now realized it, doh! How will my employer make it right? The moral of the story: always check the numbers on your paychecks. [link] [comments]  |
| Posted: 03 Jul 2018 10:45 AM PDT After weighing pros and cons and looking at your budget, if you are still on the fence about purchasing an item, figure out how many hours you worked to earn that money. Then, if you feel justified in working so little or so long for that item, it may be the final convincing factor. [link] [comments]  |
| Posted: 03 Jul 2018 07:29 PM PDT This happened less than half an hour ago. I went to an ATM and tried to take out $20. It took forever to process, but finally finished it's thing, however no money came out. The lady working at the place that has the ATM saw me having difficulties so she voluntarily tried to withdraw money and she was successful, plus the machine took barely any time to process hers. I figured I might as well try again with my other card but no luck again. I printed a receipt the second time around. The receipt shows $20 requested and then $20 reversed. At the bottom is says the total withdrawn is $0.00. Should I contact my bank or do you think I don't need to worry about the money being deducted from my account? [link] [comments]  |
| Advice for lowering $1500/month student loan payment? Posted: 03 Jul 2018 05:32 AM PDT Looking for advice on lowering my exorbitant monthly student loan payment. I have 4 loans at around 8% interest with NJCLASS, that monthly payment is $1200. A few other Navient loans total $300 a month at similar interest rates (7-8%). So I'm paying $1500 a month in loans alone, fresh out of college, barely making $40k a year (really more like $32,500 after taxes). What are my options? I tried Sofi, but they won't approve me without a co-signer, which I can't get right now. My credit score is 666. Any advice? Feeling pretty hopeless. Edit: I work in production as a video editor (technically a production assistant) [link] [comments]  |
| Posted: 03 Jul 2018 05:02 PM PDT If health is wealth, why do people on this subreddit constantly cut corners at the grocery store? [link] [comments]  |
| Posted: 03 Jul 2018 04:48 AM PDT Have any of you had experience with being a landlord? I am thinking of buying a house and renting it out to start making some extra money and to have more real-estate. I have heard some horror stories of tenants wrecking the place and putting the landlord under, but I have also seen several do quite well for themselves. So, do you guys have any advice on how hard it is (I work a 40-50hr/wk schedule, so this will be a side gig for me), how to calculate how much to charge, and if I can actually make my money back on the investment. NOTE: I am not a great handyman (white collar professional with computers) so I will not be able to do a lot of renovating on my own. I know this will play a big factor. [link] [comments]  |
| Posted: 03 Jul 2018 03:40 PM PDT |
| Wife just got diagnosed with cancer. Top tips? Posted: 03 Jul 2018 04:30 PM PDT I'm looking for tips on financial aspects I should consider/prepare for. I'm in the United States, we are both employed, we have insurance, mortgage, 401Ks, and a daughter in college. [link] [comments]  |
| Posted: 03 Jul 2018 06:57 AM PDT I'm a 25 year old Canadian who recently accepted a position in the US. I'll be relocating to NYC next month and competent with Personal Finance (at least in the Canadian market). Can anyone else (preferably Canadians) who relocated to the US give me a run down of what I should be aware of and plan to do financially. From my research thus far, I've developed somewhat of a list - - Close out TFSA (can maintain RRSP) - Open US bank account - Start building credit ASAP (as Canadian credit history won't carry over) - Likely makes sense to hire an immigration tax accountant in Year 1 What else from a financial perspective should I be aware of? I know the US has different investment vehicles like the Roth IRA similar to Canada's but have heard mixed reviews of whether or not it's worth it. Can anyone comment on the tax comparisons between NYC and Toronto? From my research thus far, it seems NYC has an even higher tax rate for someone making over $100K. What are some financial commandments or words of wisdom that may be different in the US compared to Canada? What might an expat be unfamiliar with? [link] [comments]  |
| Posted: 03 Jul 2018 08:03 PM PDT I have $3.8k in my savings acount and my goal is to grow that to $20k by the time I graduate highschool. I am starting a summer job in a few days and I will earn $2k by the end of the summer. I have plenty of free time during the summer, but I am taking a lot of hard classes next year and I do a sport all three seasons, so I can't really do anything major during the school year like working. What are some ways that I can grow my savings acount other than a job? [link] [comments]  |
| 28 homeless full time college student Posted: 03 Jul 2018 12:04 AM PDT So after a heated arguemet while my ex was drunk she kicked me out. I'm currently in Philadelphia and have 20$. I'm trying to figure out what to do as a friend said they get they're new place on the 28 of August and I need a place till then as they live with there parents in a crowded house. Currently for the summer B semester I have online only classes which makes things easier on me and I will graduate after the fall semester not really sure where to turn and how to get buy for the next two months when I would have a place. PS. No this is not a apologise and mend things fight. Edit: No car and semi bad credit so no credit card Update: thinks for all of the advice everyone. A quick thing it's a community college so no dorm sadly I forgot to specify. But good news is one of my friends got me early this morning after his night shift. And said he would spot me the cash rent a room off Craigslist s if I could repay him by September so Im taking out a student loan to pay him. Tldr: friend lended me money and I got really lucky Update 2: got the cheapest month to month apartment with the help of a friend (see above) and I move in on Friday. Until then I'm using the app couch surfer to have a place to stay for three nights. Student loans were approved and will be approved at the end of July. Lastly I found a small part time at a restaurant till the fall semester starts up. And they school is helping me in the meantime to get food stamps and a small amount of emergency funds . ׶∆Thanks for everyones advice in the comments below even if I didn't think you personally. That's to you guys I was able to clam down and think straight and quickly pick up the pieces.∆¶× [link] [comments]  |
| You are subscribed to email updates from Personal Finance. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment