Personal Finance Employers Are No Longer Able to Ask About Past Salaries in Oregon, Connecticut, and Hawaii |
- Employers Are No Longer Able to Ask About Past Salaries in Oregon, Connecticut, and Hawaii
- You should request your free auto insurance claims (C.L.U.E.) report annually, just like your credit report
- Now that the year has ended, go to: Amazon > Your Account > Download order reports, and download a spreadsheet of all your purchases for 2018.
- My parents made a series of terrible decisions, now want to unload $90k of debt onto me. Not sure how to proceed
- My mother is 61, diabetic, has liver failure, is 100% in disability, and fell yesterday.
- Why is it generally advised to contribute the amount to max your employer match, but nothing above that amount?
- Budgeting on $200 per semester in college, need tips
- Article Discussion: “How to Lose Tens of Thousands of Dollars on Amazon”
- It's better to fund your IRA upfront most of the time compared with dollar-cost averaging (DCA)
- Best plan to homeownership?
- 401(k) Questions? I'll Do My Best to Answer
- Paying off parents debt
- 23 Yr Old College Student >$5,000 in CC Debt, Advice on How to Pay it off While in School?
- Bought house, sold stocks - should I still use TurboTax?
- IRS deposited $19,000 into my bank account, now they are confusing me on whether the money is mine or not.
- Student Debt Consolidation Strategy?
- [ 23 ] Getting ahead? Having near nothing.
- Advice on getting started with my first mortgage
- 2018 Roth Contribution - Single transaction or cost averaging?
- I just paid off a student loan, is there anything they can send me for them to verify I paid it off?
- Is financial aid for students going to be paid with a government shutdown?
- How can I invest 10,000€ and not let them go to waste in my bank account?
- Should I pay off my credit card all at once or over the course of a few weeks?
| Employers Are No Longer Able to Ask About Past Salaries in Oregon, Connecticut, and Hawaii Posted: 02 Jan 2019 03:06 PM PST As of January 1st 2019, it is now illegal for employers in the states of Oregon, Connecticut, and Hawaii to ask about a potential employee's previous salary. https://www.hrdive.com/news/salary-history-ban-states-list/516662/ These states now join the following areas in banning the infamous past salary question, along with the dates the laws took effect:
In addition, the following areas bar any public sector employers from asking the question:
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| Posted: 02 Jan 2019 09:18 AM PST The auto insurance industry maintains a database of insurance claims (C.L.U.E.). Just like your credit report, you're entitled to a free copy of your record annually through LexisNexis: https://personalreports.lexisnexis.com/fact_act_disclosure.jsp [link] [comments]  |
| Posted: 02 Jan 2019 12:04 AM PST The price per item is all the way on the right hand side. I think doing this can help you to make a decision about whether you really need to subscribe to Amazon Prime. If you're spending more than $100 per month (as I am) you may be able to get free shipping pretty easily without Prime. I'd like to know what others think about that. [link] [comments]  |
| Posted: 02 Jan 2019 04:01 PM PST Going to avoid too much detail, since it won't help me find a way out, and it is frustrating to recount, but a barebones description: 29/M/NYC/making just over 100k/year My parents took out ~$56k in student loans for two years of my college education of 2007-2009. They initially said they would pay it off for multiple reasons which I will not get into. Now, they've brought me the news that they never paid it off, and in fact didn't make any payments at all for two years. For reasons, they decided to consolidate this debt along with some other things at an interest rate of 8%, this was maybe 2010. I've been asking about this debt for years, but since it was repackaged into this debt consolidation loan, they were always evasive on what exactly was still owed for my education. Fast forward to this week, they've finally broken it down for me, largely out of an inability to pay it off. My portion of the debt is approximately $90k, and I am in absolute shock and have no idea how to move forward, so here I am. A few questions: 1) Given the student loan was repackaged, is there is no way for me to write off any of the interest accrued? 2) I cannot borrow money from friends or family, so I will need to apply for a personal loan. Where should I begin? What kind of interest rate can I expect with a good credit score? How do I present the reason for the loan? 3) What else can I do aside from cutting spending to bare essentials and paying this down as fast as possible? I am a little bit at a loss here, as they never let on how serious this had become. I still haven't even told my wife, I thought I was literally two months away from being debt-free from my other student loans for the rest of my education. Now I feel angry and horrified at the reality of what they did for the past near decade with this debt. Thank you in advance EDIT: Additional details
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EDIT3: Thank you all for your answers. A lot to chew on, and obviously didn't expect some silver bullet to come out of this, but the sanity check has been very helpful in establishing the next step rather than fretting over analysis paralysis. Will continue to check back and drop updates if and when they happen Thanks again [link] [comments]  |
| My mother is 61, diabetic, has liver failure, is 100% in disability, and fell yesterday. Posted: 02 Jan 2019 05:05 PM PST Hi everyone. Usually I am on reddit for a way to disconnect from serious issues and just look at stuff related to my hobbies, but today I am in need of guidance. I live in SC and my mom is in IL. I am 31 years old and she is 61. A little about me: I am married, have a 10 year old son, and am a full time student. I am a junior getting my bachelors and also an Officer candidate for the Marine Corps, I go to OCS this summer under a PLC contract. My wife has her Masters and my son is applying for honors programs for middle school. We have a very busy life here. We own our house (only 1500 sqft, 2 bedroom), and are preparing to move back to Illinois once I finish my degree in another 1.5 years (my wife will transfer with her job during my time at TBS). We have very little savings because we live a very "Dave Ramsay" lifestyle; paid off cars, most credit card debts, and am working on student loans. We only have a $1,500 safety net. About my mom: She and my dad are divorced. Dad has retirement that she gets some of, it is not much (about $400 a month). Neither have anything in savings. Mom is 100% disabled and receives money for that and also for her medical coverages (medicaid, etc). She is in a HUD building which is very nice and has a nurse come see her every few days. She has Type 2 diabetes, and her liver has completely failed. She is on medication to reduce the toxins going to her brain due to the liver failure but her mental state is quickly worsening. She has signs of Alzheimer's due to it and her physical state is equivalent to someone in their 80s. She has high blood pressure and is on somewhere between 10 and 15 different medications (I honestly cant keep up anymore). Yesterday she fell shortly after her nurse left the house, her alert necklace fell behind her and she couldn't reach it. Her phone was across the room. My aunt found her today, she had been on the floor for 12 hours and was taken to the hospital. The paramedics say she could have broke her hip and or shoulder as well, but we are waiting for results from the doctors. I was not quite ready for these issues so young, and I have no ability to post pone my life plans. I needed an age waiver to get selected for OCS and if I miss one semester of school I will no longer legally be able to commission as it would push my graduation past my 34th bday. So I am looking for some guidance on how to proceed, or hear some experiences from others that may have gone through this and how they provided care for their parent(s). Thanks everyone. [link] [comments]  |
| Posted: 02 Jan 2019 06:41 AM PST Happy new year! For the start of the 2019 new year I'm trying to re-evaluate my funds and was wondering why is it generally advised to get your employee match --> then max out your personal --> and then go back to contributing your 401k? At the moment, I've been contributing 10% traditional 10% roth IRA in my 401k with a 6% employee match. I haven't maxed out my 2018 IRA contributions just yet because I'm a little turned off I lost money in the last quarter of 2017. I have the funds to max it out but I'm in my mid 20s and feel like I should start having cash on-hand for a future place. Can someone please explain the benefits of doing the match, and then maxing out your personal IRA next? Thank you! edit 1: Thanks for the fast/helpful feedback so far. One additional question, can someone put me to ease why I shouldn't be discouraged to max out my personal IRA despite losing money this quarter? Granted my portfolio is on the riskier side since I'm younger edit 2: I have been eased. Thank you guys. Great community here [link] [comments]  |
| Budgeting on $200 per semester in college, need tips Posted: 02 Jan 2019 08:45 AM PST I need some tips on how to survive on $200 per semester in college.This is currently the most my dad (separated many years ago) can afford to spend on me right now as he's fallen on some really hard times recently and just can't afford anything more that that, especially since he also pays for my tuition fees. My uncle who makes 70-80k per year and my aunt who earns about 50k annually used to assist me and my sibling but can't do that any longer as they're budgeting for their families and kids. My grandfather (60k yearly) and mom (275k annually last I heard, overseas with my youngest sibling) also can't be reached so we're kinda stuck without financial assistance from any family member. Should I take out a loan to finance my living expenses? I can't do a part-time job as the campus is too far from town and pretty much in the middle of nowhere. What would you recommend? Thanks! Edit: Typos [link] [comments]  |
| Article Discussion: “How to Lose Tens of Thousands of Dollars on Amazon” Posted: 02 Jan 2019 01:15 PM PST Thought this would be worth sharing here, especially for those who have gullible relatives or friends who find themselves falling for "small business courses". Essentially, the article talks about courses that cost thousands of dollars promising to teach students how to resell cheap Chinese products on Amazon for a large mark-up, leading to easy profit with little effort. Unfortunately the courses seem almost designed to exploit people - the products take so long to come in from China, that by the time they list the product and realizing they've been taken advantage of when no sales are coming in (since, you know, everyone else is also selling cheap Chinese products) they're unable to refund any of the courses or products on their credit card. This leads to students either paying large amounts of money to have the products destroyed by Amazon, or buying more courses in the hopes they'll finally be able to turn a profit. I've heard my own mom go through a very similar sounding course in Canada (thankfully got her out before she handed over a $5,000 fee for continued business coaching), but I believe the "company" was from the USA. It's the new year and a lot of people are going to try to start businesses as a New Years Resolution. Please keep an ear to the ground for your loved ones falling for get rich quick schemes. [link] [comments]  |
| It's better to fund your IRA upfront most of the time compared with dollar-cost averaging (DCA) Posted: 02 Jan 2019 06:52 AM PST https://personal.vanguard.com/pdf/s315.pdf
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| Posted: 02 Jan 2019 03:21 PM PST I make 53k a year and can set aside 100 a week. My goal is to buy an 80k house in two years. [link] [comments]  |
| 401(k) Questions? I'll Do My Best to Answer Posted: 02 Jan 2019 05:59 PM PST I've been in the retirement plan industry for almost 20 years, and it's a personal passion of mine. If anyone wants to ask some general questions, I'll be happy to answer! Nothing regarding which investments, but anything about how plan fees, plan rules, etc. are fine. [link] [comments]  |
| Posted: 02 Jan 2019 04:13 PM PST My parents have a little over 10k in debt from a couple business ventures as well as credit card debt I want to try and pay off most if not all of this. I have always been extremely close to them and they paid my way they college, allowing me to graduate debt free. Was just wondering if anyone else has done this and what way do you think I should give them the money? [link] [comments]  |
| 23 Yr Old College Student >$5,000 in CC Debt, Advice on How to Pay it off While in School? Posted: 02 Jan 2019 05:54 PM PST Hello, I'm currently in my junior year studying Finance at Temple University, 23 years old. I have two credit cards--My chase card which is maxed out at $5000 and an APR of 21.24% and my American Express which is at $300 at around 18% APR. Credit score has been slowly falling and currently sits at 623... I was recently unemployed for a period of 6 months but thankfully have just been hired through Temple working at the student tech center at $8/hr about 11 hrs a week. Naturally the period of unemployment led to me foolishly putting a lot on my chase card such as groceries, cable bill, and any sort of small purchases I needed to make throughout last semester. My expenses at school are $600 a month for rent + $50 a month for the cable and wifi, my tuition is covered by student loans and I will receive about $4000 after tuition is paid to use for rent and food. My parents are Financially stable but are not offering anything to contribute aside from helping here and there with minimum monthly payments on the card.. but this doesnt really help because of the interest charges. I realize I'm not drowning in debt, and the whole broke college student thing... but I'm really starting to stress about this and my checking account is down to $20. My question is that now I have this job at school, I will be working in between classes making around $80 a week before taxes, Im also planning on driving for uber to bring in some more income but I need to know how I can pay off this CC debt as quickly as possible and stop stressing over money and get back to just stressing over business school lol. Would a consolidation loan be a viable option? Any advice you can offer me would be appreciated. [link] [comments]  |
| Bought house, sold stocks - should I still use TurboTax? Posted: 02 Jan 2019 04:00 PM PST I've used TurboTax for over a decade. No issues, happy with the service. This year we bought a house, and we exercised stock options. Does this make my taxes much more complex? Is using TurboTax still going to be fairly simple, or have I crossed into hire a tax professional territory? [link] [comments]  |
| Posted: 02 Jan 2019 09:12 AM PST I will try to keep this as short as possible. I randomly woke up one day with an extra $19k in my checking account from the ACH that TurboTax uses (I filed with TurboTax). I called my bank and they mentioned the deposit is in my name and does not seem to be odd and it seems to be mine. To verify a few more things I double checked my IRS online account and there were line items that verified the money is supposed to be deposited to me and it lined up with the dates I received the money. I proceeded to call the IRS and record them to get further verification whether the money was mine to keep or an error. The representative I spoke with (bare in mind I called them using the IRS number on their website, so it was not a scam because no one called me I know the IRS does not call people, only mail) informed me "well, there was a mistake, essentially some of the money is yours but not all of it. You are entitled to half of what you received and some interest but you need to send entire sum of the money back and then we will send your half back" . The rep provided me with an address and I verified online and it was an IRS building in Philadelphia. Again, it is not a scam from what I know because I called them and no one called me. So I was happy with the news that I would get about half of what I originally received so I sent the IRS the check of the amount I received and letter explaining to them what has occurred. Here is where I start to get confused, about 10 days later after the call and when I sent them a check I received mail from the IRS that I am due a refund for $19,000. So I am confused is the letter I received in response to the letter I sent or is there misalignment from when I sent my letter and the IRS sent their letter. I called (800) 829-1040 IRS number just to emphasize that it is the IRS and not some scammer in India trying to threaten me. I am unable to call the IRS due to the government shut down I believe, I tried and it mentioned their call department is not in service and the IRS website is under maintenance. The lady informed me that I was entitled to that amount of money because I qualified for the premium tax credit. [link] [comments]  |
| Student Debt Consolidation Strategy? Posted: 02 Jan 2019 07:02 PM PST I'm looking for the best ways to shop around for a student debt consolidation to minimize interest and get the right kind of loan. I want payments to go towards principle, not this interest bullshit. [link] [comments]  |
| [ 23 ] Getting ahead? Having near nothing. Posted: 02 Jan 2019 06:52 PM PST No job, no money, no car, no driver license. My situation is rather poor. I am constantly told I need to figure out what to do or to get a job (fair enough). I have been unable to get any jobs locally. There is no public transport. I've pretty much put application at the few places nearby and it's not really working out. I've spoken both in store to people and put in online/physical applications. I do have a ford expedition (2006 i think?) that I could potentially sell or use and that's about it. I was hoping to be able to get help to get a driver license (which i can still probably do) but the car needs new tires, insurance, inspection and there is something that is eating away at the battery (not the "alternator"). I'm not sure if it's best to try and sell the car and buy a new one, get a driver license and use it but even then how am I suppose to do anything without enough money to even get it running? How am I suppose to get ahead in this situation and actually be able to do something, right now it's nothing but stagnation and I am uncertain as to what I am suppose to do. I have no money to get the car to a working ability, and need transportation to be able to even get a job to begin with. The positive is shelter and food is more or less a none concern at the moment [link] [comments]  |
| Advice on getting started with my first mortgage Posted: 02 Jan 2019 08:47 AM PST Hello all, I'm looking for a little advice on how to get started with my first mortgage. Here is my current financial situation: I've visited the calculators and it definitely makes more sense for me to buy than to rent, by quite a bit actually. I'm tired of throwing money away on rent. I've read that I can roll over my 403(b) to an IRA and then withdraw up to $10k to use for a first time home purchase without penalty. I know it's not great to use retirement money for things other than that but I'm only 32 so a $10k hit is going to be pretty easy to come back from. Is $10k going to be enough for me to get started, given my situation? Should I move forward with that plan or spend the next 2-3 years saving up (paying rent all the while)? And how do I go about getting started -- do I find an IRA myself and then just have my company's retirement people cut me a check? Any advice on which IRA to get? Thanks so much [link] [comments]  |
| 2018 Roth Contribution - Single transaction or cost averaging? Posted: 02 Jan 2019 07:46 AM PST I plan to open a Roth IRA for my wife. My first question is can I open the account in 2019 and still make a contribution for 2018? Second, should I make a single contribution of $5,500 or try to cost average by making monthly contributions between now and April 15th? [link] [comments]  |
| I just paid off a student loan, is there anything they can send me for them to verify I paid it off? Posted: 02 Jan 2019 09:25 AM PST Like a certification of debt paid or something similar? I just want hard proof that my debt is paid off in full in case of any funny business they try and pull. [link] [comments]  |
| Is financial aid for students going to be paid with a government shutdown? Posted: 02 Jan 2019 10:39 AM PST Sorry, I'm not sure which sub to post this to. Feel free to point me in the right direction. My financial aid for college is due to be released between the 3-6th. With the government shutdown (I think we're going into a full shutdown) will I still get aid? Or am I royally screwed? I use that to pay rent, which is due on the 5th. My loans are through the government with a few grants tossed in. Please help. I'm panicking and my Google skills are failing me. [link] [comments]  |
| How can I invest 10,000€ and not let them go to waste in my bank account? Posted: 02 Jan 2019 03:57 PM PST So I am uni student from Germany, 22M, working two jobs on the side. I make around 2500€ a month and my cost of living is around 500€. The rest of the money sits in my bank account going no where. I have 10,000€ saved up and I feel like it is going to waste. I have no clue whether to buy shares, ETF's or invest in other ways. Ideally I would like a safe and stable investment, that won't have to take care of very much. What are my options? [link] [comments]  |
| Should I pay off my credit card all at once or over the course of a few weeks? Posted: 02 Jan 2019 03:53 PM PST I Just got my first credit card about a month ago, I've been spending money and paying it off to lower it. This 25th is my first real payment and i was going to pay some off over the next few weeks. I'm wondering if that was best way to do this, or if it would look better to keep my current balance ($560) and put aside the money to pay the whole thing once my payment is due? [link] [comments]  |
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