- I low-balled my "desired salary" for a position I'm applying to, not realizing that the norm was a fair bit higher. They've requested an interview. Would it be okay to raise my desired salary if it comes up?
- I just opened a Vanguard Roth IRA and I have no idea what I'm doing.
- I'm 27 and only have 9k saved up. My outrageous spending habits have killed me, please help
- Uninsured father [59] has been in the hospital for 2 weeks, hospital needs a letter from me [21] saying I will help with bills until he can work again.
- Why bonds at all?
- Small Pension Balance - Should I cash out?
- Take the 65k permanent job or the $80 an hour 6 month freelance?
- What's the best argument to avoid sharing your payslips with potential new employers?
- remote worker, any deductions on home office or expenses?
- What to look out for when buying a used car? First time car buying
- On Disability, was supporting artist bf for years, now he left me with more debt than I can pay. What now?
- Received $45,000 from parent after they passed. Not sure where to start!
- College vs Trade School
- Roommates(college) want to use app Splitwise to split the cost of soap, paper towels etc. My only concern is they buy the most expensive stuff. I could buy it myself for half the price.
- Possible scam? Debt collector calls for paymybalance.com
- Do I sell my house in LA or keep it as a investment?
- Follow Up to "Salary Increase, Never Enough"
- Itemized vs standard + home office + business expense deductions
- What to do with a car loan following a divorce?
- How does a 401k work when switching jobs?
- Job Applications Spreadsheet
- Working two full time jobs
- Getting the most out of my job
- How can I find a way for my father to get the care that he needs for his medical condition?
| Posted: 27 Aug 2019 06:03 AM PDT For instance, would it be acceptable to say something along the lines of "having become more familiar with the challenges and expectations involved in this position, I've revised my salary expectation to be $X"? [link] [comments]  |
| I just opened a Vanguard Roth IRA and I have no idea what I'm doing. Posted: 27 Aug 2019 02:25 PM PDT Just opened a Vanguard Roth IRA. My initial deposit was $100. What now? Do I just wait for the money to get in there? Do I have to choose specific ETFs to buy? Does Vanguard do all this for me? Edit: I went through the Robo Advisor from Vanguard to see what my investment portfolio for Roth IRA should look like. It pointed me towards 70% stocks and 30% bonds. Is this good? [link] [comments]  |
| I'm 27 and only have 9k saved up. My outrageous spending habits have killed me, please help Posted: 27 Aug 2019 06:45 AM PDT I'm 27 years old and I only have $9,000 saved up. I live in NY. I got my first job at 24, which I made about $3,000 a month, then my second job, which I made about $3,200 a month (this is after taxes btw), and now at my current job, I make about $4,200 a month. I realized recently how much more money I would have saved up if I didn't obsess over personal materialistic things like clothes and entertainment. I spend well over $1,000 on pairs of sneakers and designer brand clothing. I also feel the urge to play online poker and gamble because I am so impatient with money ,it's like I've been dragged inside the rag race. I've also taken out a $15,000 loan and I lost it all on gambling. How can I recover from all this and stop feeling so depressed, constantly thinking that I could have saved a lot of money? I feel like I will be poor for the rest of my life [link] [comments]  |
| Posted: 27 Aug 2019 05:07 PM PDT My father had prostate surgery about 3 weeks ago, which he paid upfront. He was discharged, however, after a week, he started to have some decreased kidney function, which prompted my mom to hospitalize him. He has been there for the past 2 weeks and is hopefully getting discharged in about 4 days. I am a college student and work part time, my brother is in between jobs, my mother doesn't have steady work (makes maybe $100- $150/week), and my father is the primary breadwinner. Since he is uninsured, the hospital is asking me to write and sign a letter saying I will help him financially, be it $150 or $200/month, until he's able to return to work. Which is probably about 2-3 months out. I've been budgeting religiously for months now and helping my dad with a few bills has already started to eat up most of my savings, especially since school just started and I pay for it myself. This letter would be to possibly get him a discount on the payment he will need to make in order to get discharged. However, I am scared that by doing this I am assuming responsibility in his medical debt and they will try to come after me if he is unable to keep up or it will go on my credit. If anyone has any insight or help I could look into I would greatly appreciate it. Is it even legal to make a patient make a downpayment before being discharged? [link] [comments]  |
| Posted: 27 Aug 2019 05:41 PM PDT If on average the stock market increases over a long period of time, wouldn't it be beneficial to keep your money 100% in stocks until about five or so years before retirement, and then pick up some bonds? That could still give you a bond buffer if the economy is down when you plan to retire. [link] [comments]  |
| Small Pension Balance - Should I cash out? Posted: 27 Aug 2019 08:31 PM PDT 60, Married still working and don't plan on retiring any time soon. Previous employer offering a $26K pension payout or a very modest $130/month annuity payments for rest of life. We are in good shape, wife still works and together we gross around 200K/year. We have a minimal amount of consumer debt which would be eliminated with a lump sum payout. I'm confused by the tax hits, although I would guess the 10% penalty would not apply for early withdrawal since I'm over 59 1/2. All I'm faced with is the withholding taxes at distribution right? What's that 30%? [link] [comments]  |
| Take the 65k permanent job or the $80 an hour 6 month freelance? Posted: 27 Aug 2019 05:56 AM PDT So... I've been doing nothing but temp jobs in my field for the last 4 years or so and I'm kinda tired of the ride (no benefits, no vacations) and wanna get off. Still it has greately enhanced my earning potential. Still I come out of it with no savings, it has mostly gone to paying down debts and stuff. Now I have a chance to get out, I have accepted a state contractor job but at the same time I'm being lured away with the most overcompensated short term contract yet. Any thoughts? I'm literally losing sleep over it. [link] [comments]  |
| What's the best argument to avoid sharing your payslips with potential new employers? Posted: 27 Aug 2019 02:02 PM PDT Hi all, Please share your best suggestions for the best arguments I can make to avoid sharing my payslips with potential employers. Context: I've had 2 interviews (a 1-hour long interview with my to-be line manager for the role, and a 2.5-hour long interview with multiple people in the company, discussing a variety of things, ranging from culture fit to overall strategy and growth) with this organisation. I've had overwhelmingly positive responses from everyone - the director of my vertical actually told me she was impressed with my performance on the task (I was given a task before they began interviewing) and that she hadn't met anyone with work experiences that matched the role so closely. HR has now reached out, asking for my past 3 months' payslips and 3-4 professional references. This is a mid-senior level position with people management and some level of strategy involved. I plan on saying something along these lines, to refuse to share my payslips - "I've been entrusted with a variety of information by my current firm. I intend to keep their confidences on that sort of thing. They consider their salary compensation private. I think you can appreciate this because after I start working with you, I'm also going to be entrusted with confidences of your firm, and I intend to keep those confidences in the exact same way." I will, of course, be sharing the contact details of 4 professional references. Any further assistance and suggestions you folks can share will be appreciated. Thanks. [link] [comments]  |
| remote worker, any deductions on home office or expenses? Posted: 27 Aug 2019 08:59 PM PDT if i dedicate a room and furniture in my home, can i do some deductions? seems like all the expenses would still be less than my standard deductions though.... any thoughts? [link] [comments]  |
| What to look out for when buying a used car? First time car buying Posted: 27 Aug 2019 06:59 AM PDT I'm looking to buy a used car <$10,000 in cash. This is my first time buying a car. What should I look out for and what precautions should I take? [link] [comments]  |
| Posted: 27 Aug 2019 03:43 PM PDT I am on Disability. That provides me $789.25 a month. My portion of the rent is $475 Over the last few years, my boyfriend (now ex) was struggling to keep up with his part of the rent and bills. He paid more rent that I, having the small bedroom as his office. When money was tight, I covered $150 additionally towards his rent, which meant I was living on credit cards those months. At least 12 months in a year and a half span, I covered him. I also blew out my FoodStamps feeding us, and fed us on my credit cards for most of our time together. As a result, I'm now around $5,000 in debt. He said he'd help pay off my credit cards, but paid into them for only three months after we broke up. One of those months he paid late (he insisted it wouldn't matter as long as it was paid no more than 30 days late), and as a result, my credit line was reduced by $4000, and my credit rating was reduced by 80 points in one month. My ratio of available credit is now crappy enough that I can't get a consolidation loan. Being low income, my cards all have crap APRs of 25-27%. Just paying my minimums each month is costing me $220, which is literally all I have left after essentials. I hadn't gotten any money from the ex for six months. He went on vacation last month, knowing he might be evicted from his place a month and a half later. I've had to abandon any hope of him giving me any further money. My only long term goal, as a person on Disability, has been to foster good credit and low debt so that I could buy property someday and get unearned income through charging rent. Investments like that are the only means of income that doesn't put my benefits at risk. The debt he's left me in has really screwed me and my long term survival. Now that I am on my own again, I'm no longer in the red every month. I can cover my shit, tight as my budget is. But I'm hardly keeping afloat trying to keep my credit in decent standing. If I keep paying at this rate, it will take me 11 years to pay it off, and I'll end up paying something like $3,700 in additional interest. I've looked into debt management plans, but those would close out my cards, and the best they could offer was a reduced interest rate of around 12%. It would reduce my monthly minimum to $120 a month, and would only take me 5 years to pay off, but..... that erases all the hard work I've put towards balancing my finances and trying to get good credit. I don't have any bad marks on my credit report, aside the high ratio of use and less than six years of credit history. Tossing that all aside and having to wait five years to start from scratch again is mind bogglingly depressing. I've got a friend who is telling me to sue him. I'm wondering if there are any other paths I could try that I haven't get investigated. [link] [comments]  |
| Received $45,000 from parent after they passed. Not sure where to start! Posted: 27 Aug 2019 08:41 PM PDT I have just received a check(~$45,000) from my father who passed and I need some advice on where to start. I am not very knowledgeable in finance but any help means a lot! I am 25 years old and now working full time after graduating from college making ~$36,500 after taxes. I have roughly $18,000 in student debt (subsidized/unsubsidized at rates 3.86-4.66%) and would honestly like to pay these off, but I do not have any credit and heard this is a great way to build credit. If I pay them off now it will save me ~$4,000 in interest. Should I put the original check into a new bank account and split it up into college payments, investments, and rainy day fund? Am I missing something that should be common knowledge? Thanks again for any help. [link] [comments]  |
| Posted: 27 Aug 2019 08:39 PM PDT Currently, I'm a senior in high school and had had the idea of going to college ever since I was a kid. I've tried my hardest academically, with a 3.5+ GPA and a 31 ACT score, and I completely believe that if I were to go I'd flourish in college, get a bachelor's degree, and go into construction management. Yet as time has gone by I've been pondering going into a trade instead. My dad was an electrician and does self car repairs, so he's influenced me in that aspect, as well as the fact that I know several tradesmen who make upwards of 6 digits after staying in the same field long enough. I know going into construction management would secure me an amazing salary, but the stress and workload of it make my 'dream' job not seem that appealing anymore. Becoming a welder or electrician would ease off on the stress portion while also granting me a good amount of pay per year, but I can't help but feel like I'm wasting my academic potential. From my ACT score alone, I believe I'm in the 95th percentile across the US, so- and I'm not trying to be egotistical- I want to say I'm a fairly bright person. And going for a trade school feels like I'm wasting my brain when I could achieve far more, I guess? I don't know. What do you all think I should do? Should I settle down for trade work that I feel like I could really enjoy and be comfortable with, or should I use my brain to its capacity and work towards a bachelor's in college in a field I've been looking at for years? Also, side questions for those in trade work: What trade do you work? Do you like your job, your pay? How often are raises or promotions? Is the work stressful? What other trades should I consider if I decide against college? Anything I should know before going into it? Thanks. [link] [comments]  |
| Posted: 27 Aug 2019 05:56 PM PDT I would like some help on ways to approach this problem. The two roommates I'm living are from pretty well off parents. They aren't working and can seem to buy whatever. We use a app called split wise to split the cost of common apartment needs like toilet paper, dish soap etc. These guys have been buying the most expensive high end items. I really would Ike the live frugally and save when I'm in college but it's hard with roommates that don't have the same mindset. Please give me some insight in ways I could approach this issue. I don't want to be the weird guy that buys all his own stuff but I can feel it might come to that point. Thanks. [link] [comments]  |
| Possible scam? Debt collector calls for paymybalance.com Posted: 27 Aug 2019 09:02 PM PDT I am repeatedly getting the same call from a recorded voice ("Kyle"). He says he is from account recovery services regarding my account. He is very vague without mentioning what account it is and says that the call is an attempt to collect a debt. He asks me to call him back or pay online at paymybalance.com which seems to be a real website. A quick google search did not confirm if this was real or a scam. Has anyone else received such calls? Should I continue to ignore these calls? [link] [comments]  |
| Do I sell my house in LA or keep it as a investment? Posted: 27 Aug 2019 08:57 PM PDT Wife and I live in a home worth appx $730k in Los Angeles and we owe $490k on it. It's been our primary residence for 2 years, but we are relocating to Nashville in January 2020 and trying to figure out what to do with it. Our home is in South Central LA/Inglewood neighborhood (yeah, Inglehood up to no good...that neighborhood...). However, it's gentrifying quickly and we have a feeling our home will be worth near $1mill in the next 7-10years with all the new developments going in (new stadium, new rail line, restaurants opening, etc). We also MAY want to come back to LA at some point and feel we will be priced out of buying anything here if we get out now. We recently closed on our Nashville home (worth appx $640k and owe $397k) so we don't need the equity from our current home to relocate. IF we SOLD our LA home, we would have access to appx $200k in our equity, tax free (after fees). However, don't know what we'd do with it other than put it in a index fund or maybe buy a small rental with less appreciation potential near Nashville. IF we KEPT the LA home, we would be long distance landlords, which scares me a bit. I've been a landlord before a few times and know it's not a easy job. I would definitely want to get a property manager and would probably be cash flow negative by a few hundred bucks a month. Since we don't need the equity in our LA home now, I feel like we would be throwing away a great opportunity to make a HUGE return in 10 years. However, a part of me just wants to say screw it and be happy with the equity we have and move on with our lives. I'm personally leaning toward keeping the LA home and my wife could be talked into either option. We would love to hear opinions from others. [link] [comments]  |
| Follow Up to "Salary Increase, Never Enough" Posted: 27 Aug 2019 01:19 PM PDT About 10 months ago, I posted this thread. In short, despite receiving promotions at work and doing well financially, I felt like it was never good enough, but not for any real reason. The drive to have and make more, even if there was no clear goal and the fact that it felt gross to think that way, was driving me crazy. To my surprise, the thread blew up with a ton of comments, was even on the front page briefly, and garnered a lot of attention. Some were helpful, some were to tell me I was a horrible, ungrateful POS. Fair. About a year later, I wanted to share where I've come out on the other end of this, combining my experiences with the advice I got in the thread, particularly given that other people said they felt the same.
All in all, I'm not saying I have the answers. But I think I've got to a better place, and I hope this is helpful for folks who said they felt the same way. [link] [comments]  |
| Itemized vs standard + home office + business expense deductions Posted: 27 Aug 2019 06:47 PM PDT Hi all, can someone help me understand how the above topics work? Also, pointing to an articles will also be helpful. Thank you very much. [link] [comments]  |
| What to do with a car loan following a divorce? Posted: 27 Aug 2019 08:17 PM PDT I just finalized an amicable divorce - my ex took one car, and I took the other. However, I'm the named party on the loans for both vehicles. She's been faithfully making on-time payments for the loan on the car she uses, but obviously this isn't the ideal scenario. If she can't make payments for whatever reason, I'm the one who's on the hook. Yes, we should have addressed this in our divorce settlement. We overlooked it. Water under the bridge at this point. It looks like the best practice here is to refinance under a loan that's in her name. The problem is her credit rating is pretty bad -- if she could get a loan at all, it would likely have worse terms than the one in my name. Aside from trusting that she'll be able to continue making payments, are there any options for ensuring this loan isn't my legal responsibility? [link] [comments]  |
| How does a 401k work when switching jobs? Posted: 27 Aug 2019 08:14 PM PDT They're shutting down my department in about half a year or so and I'll be out of a job. I have a little money in a 401k account but I'm just a young guy and they dont teach people my age about grown up stuff like 401k's. So once I lose the job, what happens to that money? How do I get access to it? What happens to it when I'm in between jobs? Do I get the full sum back once I get a new job and they start putting money on it? Who do I have to talk to and what forms do I fill out [link] [comments]  |
| Posted: 27 Aug 2019 03:20 PM PDT I found this Google Sheets that helps you keep track of job applications by organizing them by "Application Status" and a "Check Back On" date. Thought I'd share it because if you're submitting a bunch of applications right now, then you might find it useful as well: https://docs.google.com/spreadsheets/d/1SR1zpj7rM1oXHBHJvWqolL6lTrLyhxgX19CydVH9qDU/edit?usp=sharing [link] [comments]  |
| Posted: 27 Aug 2019 07:41 PM PDT I recently got an offer for a better position with higher pay but I'm considering staying at my current job and working both for a few months to pay down some debt. With the new job, I would be working nights from home, and my current job is in the mornings so I'd essentially be working a double shift every day. My wife is concerned because I have an hour commute to and from my current job. To those of you who have managed a schedule like this before, how did you do it? Was it worth it in the end? [link] [comments]  |
| Getting the most out of my job Posted: 27 Aug 2019 05:33 PM PDT For context I'm 19 and saving money for school and I'm going to be moving to another state to attend school there. Currently I work at a Walgreens and plan to find a job at another one in the state I'm moving to. At my current location however I feel that I'm not being paid adequately for the amount of work I'm putting in. We have call ins everyday and I'm almost always the guy who comes in to help even on my days off, basically I'm putting in far more work than most of my coworkers and receiving the same salary. Yet my managers acknowledge this but refuse to give me full time, benefits or any sort of raise. When I move to a new location and transfer to another store keeping my "seniority" (if I even ever had any to begin with) I will end up undergoing another interview at the new store. Is there anything I can do different with that new employer to improve my paycheck, promotion opportunities, etc.? [link] [comments]  |
| How can I find a way for my father to get the care that he needs for his medical condition? Posted: 27 Aug 2019 08:57 PM PDT Hello Reddit, My (24M) family and I are in a very bad situation, both emotionally and financially. My father developed early-onset Alzheimer's about 2-3 years ago and was fine to stay at home with care from my mother or sister when they were off of work. Over the past 4 months, his condition has gotten drastically worse to the point where he can no longer speak and his motor function, including the ability to swallow, use the bathroom and walk have gotten severely impacted. He has been in the ICU of the hospital and in outpatient facilities for the past 4 months, since the drastic decline began and now is being discharged from the outpatient facility due to his medicare coverage not covering this type of round-the-clock care. His doctor has said that he unfortunately does not have much time to live due to the recent condition he's been in, so we are heart broken that we cannot afford for him to get the care that he deserves. The outpatient facility costs $9000 a month, a price that my family absolutely cannot afford or come remotely close to affording. Please please give me some advice. [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