Personal Finance Cut cell phone expense from $225/month to $90/month by switching to prepaid |
- Cut cell phone expense from $225/month to $90/month by switching to prepaid
- Prospective Employer Wants to Contact Current Employer as Condition of Employment
- Old man needs advice
- Inherited 401k issues
- I need your help: Car Buying
- I'll be getting out of the Navy and living off of my savings for about 9 months. Does it make sense to not get health insurance and just pay the fine?
- Owe $5600 on a Dead Car...What Are My Options?
- Considering a state job, coming from the private sector...how do I value the pension in terms of salary and the overall package?
- Non-Client Facing Roles - Automation
- Why are so many banks and institutions pushing credit score monitoring all of a sudden?
- Working as a tax preparer??
- My grandfather is worried about my bank account
- How do you negotiate salary for an offer when the employer knows you have another offer on the table?
- State taxes in a state I don’t live or work in?
- Retirement savings question??
- [TX] Separating from abusive husband who has left me in a situation where I can't get health insurance through work or school. Monthly income of ~$800. I have health conditions and don't know how to protect myself.
- Currently making 30k/year in the British army as a communications engineer. What’s the best way for me to save this money as I have little to no out-goings.
- I’m 22 and have no existing credit. I live at home and pay bills but they are all in my parents name. I was just approved for a secured credit card but I was thinking about taking over a bill from my parents and putting it in my name to start acquiring credit. Is this a good idea?
- Salary negotiation after offer
- Ultima tax relief
- (US) What is the best way to find car insurance?
- Would changing phone plans in my situation be worth it to you?
| Cut cell phone expense from $225/month to $90/month by switching to prepaid Posted: 31 Aug 2019 07:28 AM PDT I'll admit it. I've always been a phone snob. I had to have the next newest iPhone every time one came out. I've also always been a service snob. If I didn't have the name brand service it wasn't good enough. Well, that all changed. My wife and I have started budgeting and trying to cut costs in places to start saving more and increase expendable income. This was a great place to start. We had the available funds to buy out our phones and have them carrier unlocked. Once that was done we switched to cricket wireless. I can't speak for everyone but our service is BETTER now. Do your research and see if a prepaid service around you offers comparable coverage to what you have now. You may be able to save a bundle! Edit: for clarity sake, this is for TWO lines. $45 per line per month. Coverage is unlimited LTE and talk/text. 10gb LTE hotspot We chose cricket because it gets the best service is our area as far as prepaid goes and because we were able to bring the phones we bought out of our sprint contract. Not every prepaid carrier took our phones. [link] [comments]  |
| Prospective Employer Wants to Contact Current Employer as Condition of Employment Posted: 31 Aug 2019 06:02 PM PDT Posting on behalf of my wife: She got a verbal job offer from the VA for a pharmacist position. This has been a long process (5.5 months so far) consisting of an interview, lengthy application, a cursory background check, a physical, and the step she is currently on is a more comprehensive background check. In the form it states that they will contact her current employer regardless of what her preference was on the original application. She currently does not have an offer letter or start date, just a verbal offer from HR. So far, she has not told her current employer that she is leaving and was not planning to do so until she had a concrete start date. Our question for anyone who might have experience with the VA or knowledge about this situation: Is there a way around contacting her current employer until such time she has a solid start-date or at least an offer letter in writing? If not, what is the best practice for someone in this situation. Should she give her current supervisor a heads up? He is not going to be happy when he gets the news so she wanted to delay it as long as possible until she is certain that this offer will come to fruition in the near future. Any advice is appreciated, thank you. [link] [comments]  |
| Posted: 31 Aug 2019 01:10 PM PDT I'm turned 50 this year didn't realize how bad off I was until I got an email inviting me to join AARP. I have a checking account and savings, nothing in either. 3 credit cards just to build my credit (610), and my wife is just about the same. No pension no 401k just $2500 + - per month full time employee, wife is the same. I was sent to this site to ask for some assistance or guidance as for how to try and save as much I can so my wife will not struggle after I'm gone. We recently started buying a home so we have $600 going out for that and we both have a truck payment of $400. I have never had money in savings so I need as much help as I can get. Any and all will be appreciated deeply. Thank you. I did manage to put $50 in a Roth acc last payday, but that's as far as I have gotten. [link] [comments]  |
| Posted: 31 Aug 2019 05:15 PM PDT Hi r/personalfinance I have an issue that needs some guidance. My father recently passed away and left a sizable(imo) estate. A majority of this is in a 401k. In the will, everything is to be split between me and my 2 siblings. The sticky part here is that I am listed as the sole beneficiary on the 401k. Poking around the internet says that when it transfers to an inherited IRA it will only roll to me, and if I try to split it there will be disbursement taxes and gift taxes and taxes on taxes on taxes... I want to do the right thing and split the 401k 3 ways, but unsure how to go about doing this as there are some fairly hefty tax implications. This is all recent, and I plan on calling the 401k company Tuesday to notify them of the situation. Any ideas? [link] [comments]  |
| Posted: 31 Aug 2019 06:20 PM PDT Hello All, I'm entering my senior year of college and I'm carless. I live at my parents about an hour away from school and have been commuting everyday using my parents car. I need to get myself one ASAP. I have 13k cash. My initial plan was to put a large down payment and finance a car to begin the school year and commute but the more I think about it, the more I think that's a bad idea. I am debating between that or buying a decent car around (4-8k) and moving to my college town (rent =$400) to minimize the commute on the car. My current monthly income is about $1000. I've been thinking about this so long I feel like both ideas are bad. While a lot of Internet people are dumb, a lot of y'all are smart as well so I've come to get opinions on what would be a wiser decision. [link] [comments]  |
| Posted: 31 Aug 2019 04:04 AM PDT I'll be getting out of the Navy in about a year and will be living off of my savings for 9 months (until school starts and my education benefits kick in). I'm going to save up a fair amount and will be working a part time job to have some cash in my pocket, but given existing healthcare prices that would take a huge bite out of my finances (and I'm not someone that goes to the doctor's office much anyway). So, does it make more sense to not get healthcare and pay the fine, or get the health insurance - strictly financially speaking. [link] [comments]  |
| Owe $5600 on a Dead Car...What Are My Options? Posted: 31 Aug 2019 06:32 PM PDT Title says it pretty clearly. I still owe $5600 on a used car I bought 3.5 years ago that just had it's transmission go out. The car itself isn't worth what I owe on it and I can't afford to get it fixed. I had a powertrain warranty on it that ran out after the 3 year mark. It is financed through a local credit union that I also have a personal checking account with. What are my options? Do I just have to eat what I owe on it? Should I ask the bank for advice or not mention it to them at all? I've heard of maybe trying to get a personal loan to pay off the auto loan so I can get the title and try to sell it for anything I can get for it. Is that my best option? I live in Washington state if that matters. Thank you for any help. Edit: I feel that I should also add that despite having a good amount of debt, I have very good credit at about 765. Anything I can do to avoid hurting that is preferable. [link] [comments]  |
| Posted: 31 Aug 2019 02:41 AM PDT I am an experienced middle manager making pretty good money in the private sector. My total cash comp plus 401k company match brings me to about $160k per year. I am expecting an offer for a state job and am prepared to take a salary hit. The job does come with a state pension that technically contributes about 30% of the employee salary, but I understand that amount really means nothing as it is all based on a formula. The employee is also required to contribute about 9% to the pension and also needs to contribute to social security and Medicare. I have no idea what they will offer, but I could use some help and perspective on how to value the pension as I look to decide on how low I can go. The pension formula is something like 2% per year of service, 5 years minimum, based on the final salary. To keep it simple, let's assume they offer $100k which I feel would be too low for me to accept. Any advice or formulas out there that I could use to come up with a simplistic side-by-side scenario to help me decide on how much of a salary cut I could take? I was thinking something like this for my current situation: Current Gross Salary + bonus + 401k company match - 401k contributions - Roth Contributions = Adjusted Gross after Retirement. Any thoughts on how I could come up with a scenario or comparison to a potential state job offer with the pension? I'm assuming that I would stop my 401k and Roth contributions in lieu of the employee/employer pension contribution to offset the drop in salary. So assuming $100k salary, how do I value the pension in this comparison? I realize this is overly simplistic and ignores many variables like benefits, job security, etc. It also assumes the pension will hold and is comparable/better than 401k/Roth retirement. I'm just interested in perspectives on how to view this strictly from a financial sense. Any thoughts would be appreciated. [link] [comments]  |
| Non-Client Facing Roles - Automation Posted: 31 Aug 2019 04:55 PM PDT Given the pace of automation that is shaping our workforce should people in non-client facing roles be worried that most of these jobs are going to shrink rapidly in the next 10-15 years? I'm a Credit Analyst for a very large bank in Canada and I'm seeing an insane amount of technological changes that are currently in pipeline and would reduce the need of non-client facing people in the Bank. I can see the same happening in insurance and other service-based industries. What is your strategy to overcome this next phase of the industrial revolution? [link] [comments]  |
| Why are so many banks and institutions pushing credit score monitoring all of a sudden? Posted: 31 Aug 2019 05:32 PM PDT My credit union recently started showing my credit score whenever I log into my account and I'm seeing many commercials for other banks offering the same thing. I already use Credit Karma, and have for years. Why so much now? Is it because the default rate is increasing? Many ads seem to be especially targeted towards Millenials. [link] [comments]  |
| Posted: 31 Aug 2019 07:01 PM PDT So i recently applied to an H&R job for seasonal tax preparation, they offered to enroll me in their 3 month tax class course free(although i think i might have to buy an etext?). Anyways, can anyone share their experiences with this and if this type of work helped them? Is it worth it, or whats it like? by the way, im an accounting student in college and this would be the first time i would have any real world experience in an accounitng related field. [link] [comments]  |
| My grandfather is worried about my bank account Posted: 31 Aug 2019 08:28 AM PDT My grandpa had a motorcycle incident recently and now he has been diagnosed with lung cancer, so he is racking up alot of debt and he is worried that because his name is on my bank account, the hospital and credit cards will start taking from it too after he is gone. Is that a possibility? Should we take his name off? [link] [comments]  |
| Posted: 31 Aug 2019 03:50 PM PDT Hi all, just wanted some advice on the title. I'm still at an entry level position, so whilst the salary isn't as important as experience and the job itself, I would still like to negotiate effectively when the time comes. For some background, I'm at my first job out of college, make 40k a year, no bonuses, sometimes overtime and I live in a high-cost of living area (I basically save little to no money a month). I received a job offer closer to home which would be 50k base, along with 5k bonuses, but no health insurance as it's a small start-up. I would love this job a lot more than my current one and I would save a ton of money since I wouldn't have rent. I let another company in a different high cost of living area know that I have an offer, and they requested a final round interview for me with multiple people. In the first round interview, they asked how much salary I would expect, I told them 60k and was told that is in line with the position I am applying for. The final round interview will include an interview with two HR reps, so I assume salary will be something that comes up in the conversation. Given that the company knows I have an offer, I would still like to ask for 60k-65k a year. I know that if I give them that range, they will just give me 60k a year, which I would be MORE THAN fine with, but I would still like to ask for more in case they end up actually offering it. My 2 biggest concerns would be the following: 1) If I ask for 65k, I feel like they would think I would be asking for too much and just not give me an offer. 2) If they ask about how much my other offer was, they would just match it and offer me 55k or less. This would also be fine, but the company I will be interviewing with has a high cost of living as well, so I still would end up in a situation where I don't save as much money. Any advice would be GREATLY appreciated. I apologize in advance for breaking any rules. [link] [comments]  |
| State taxes in a state I don’t live or work in? Posted: 31 Aug 2019 11:30 AM PDT Hi Personal Finance! A tax company in Pennsylvania has been sending tax bills to my parents house in PA, where I haven't lived or worked in like 5 years. I live and work in Delaware. This tax company won't answer or return my calls and yesterday my Dad got a letter threatening to send the bill to collections. What is my recourse? Clearly they made a mistake and I don't owe any PA taxes. Thanks in advance, I love this community! Edit: it's local taxes not state [link] [comments]  |
| Posted: 31 Aug 2019 04:20 PM PDT Hi! So I have a quick question about retirement opinions. I was recently with a large international company that provided a good 401K but I left for a nonprofit job that doesn't provide one. My options I think are to leave the money where it is (which is subject to change based on stocks?) or put it into an IRA. I'm not sure which option is best and what kind of IRA is best for me if I choose that route. Thanks in advance for the help, guys! [link] [comments]  |
| Posted: 31 Aug 2019 05:54 PM PDT Hello PF, About two months ago, I moved out from the house I shared with my husband after four years of manipulation, gaslighting, and various other forms of abuse. I gave up my career for my husband and I'm 8 months from finishing the program we thought would be best for me to switch to. This program cannot be paused or transferred: it's imperative that I complete it. My program does not offer health insurance through school. As it is an intensive, full-time and accelerated course load, I can only work about 12 hours a week maximum, where I earn $11/hr. Husband was supposed to support me through this time, but he put my life at risk and I was advised to leave immediately. He has declined my request (begging) to let me continue to see my doctor until I graduate in half a year. He is not responsible for any of my expenses-- He is military, so my health coverage does not cost him a penny. In fact, he benefits from staying married because he gets paid more. But he has filed for divorce because he doesn't me to have health insurance if I'm not going to be a "happy, loving wife" for him. I have a few health conditions-- a few of which are moderate irritations where medication/treatment greatly improves my quality of life, but lack of treatment won't kill me. I also have a couple health conditions that may actually kill me without treatment. I've never had to shop for health insurance, and I don't know what to look for or where to go. Any option online requires proof of divorce before even giving me a quote, and that won't be finalized for about two months. I can take a loan as I have good credit. I'd prefer to pay slightly higher premiums if it has better coverage. Any tips, resources, or experiences? Thank you. [link] [comments]  |
| Posted: 31 Aug 2019 12:33 PM PDT I'm 18 years old and I'm in my second month of training of being a communication engineer - systems engineer. I'm aware that it's a good wage and since I currently live on base I only spend £5.49 on food a day and that's it. I have a car that my parents bought me (Nissan Juke) however the insurance on it is close to £2200/a year since I haven't driven before, so I may have to buy my own little shitty car to build up no claims. I'm wanting to know bank to put my money into to get the most interest. I'm also in the UK. Thanks for any help in advance [link] [comments]  |
| Posted: 31 Aug 2019 07:25 PM PDT |
| Salary negotiation after offer Posted: 31 Aug 2019 06:57 PM PDT I just got an offer for a new job at an industrial design firm. I'm really excited about the position and I think it is exactly what I have been looking for. However I think I went too low on the salary. They asked during the interview and I said 80k minimum. After I said this I found out that the reason they are hiring is because they just had multiple engineers leave because they were offered jobs by one of their clients that is a startup and they could not match their offers so they are pretty eager to hire. My current salary is 75k with 5k bonuses every 6 months. Benefits are terrible, I like the people I work with, I have an office, I get to bring my dogs to work, I rarely have to work over 40 hours. My new offer is 83k, one additional week of vacation, better benefits, but depending on the projects I could be working longer hours, should average 45 I want the new job but I think I am in a good position to try to ask for a higher salary. I think something around 90k or did I screw myself by saying 80 during the interview?Should I negotiate over the phone or email them? Would it be better to ask for a specific number like 90k or ask for a 10% increase? [link] [comments]  |
| Posted: 31 Aug 2019 04:38 PM PDT My father thru a series of bad decisions owes about $5000 to federal taxes. Now he keeps talking about trying ultima tax relief or something similar. My question is what's the catch? Is there any bad drawbacks to using a tax relief program? [link] [comments]  |
| (US) What is the best way to find car insurance? Posted: 31 Aug 2019 06:41 PM PDT I have two main questions:
Few things to know: I am a 20 Year old male with a 721 FICO score who rents in the DC/MD/VA metro area. I fully own an old car, commute about 9k miles per year, I got in a minor at-fault accident last year, and I rarely get on the highway. Thanks [link] [comments]  |
| Would changing phone plans in my situation be worth it to you? Posted: 31 Aug 2019 02:54 PM PDT I'm currently paying $45/mo for unlimited everything on AT&T. I can usually get refills for them at a discount (lowest I've gotten is $37, most expensive was $41). I've probably averaged $39-$40 per month. I want to switch to Mint Mobile, which runs on the T-Mobile network, which I can get 6 months of service with 8GB of data for $60 ($10/mo) and will be ($20/mo) after that, or $25/mo if I decide I need more money. That's a savings of $15-$20/mo which would be $180-$240 saved a year. The problem is, T-Mobile is crap on my college campus (usually too congested). This isn't a problem most of the time since I'm usually on WiFi, but it's sucky when I'm going out and basically can't use my phone. Also, T-Mobile coverage is worse for traveling and while I don't do it often, I've started doing it more in the past few years. Finally, I've gotten used to unlimited data and I'm going to have to adjust to watching my data all the time again. I'm also graduating college next spring, so on the plus side for Mint Mobile, I wouldn't have to deal with the campus network problems anymore (T-Mobile is really good in other places I frequent), but on the plus side for AT&T, I should be earning significantly more money so $200/yr shouldn't matter as much. Would it be worth it to you to go through these sacrifices to save ~$200 a year? $40ish just seems expensive for a phone plan to me after I've spent years paying only $20-30/mo. Also, once I switch away from AT&T, I can't get my same plan back because it was a promo pricing deal, so that adds to the cost of switching to Mint. Any thoughts would be greatly appreciated. Also, please don't recommend me any other phone networks/plans, as I'm not interested in those and am strictly asking about this situation. Thank you! [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