Personal Finance Do I take a new job making 60% more than my current job, but for a much less reputable company? |
- Do I take a new job making 60% more than my current job, but for a much less reputable company?
- Debt collection agency calling to collect money we didn't consent to spending
- Someone's trying to buy my house as is without even looking at it?
- Just got asked “what is the salary amount you would need to get you to accept an offer” not sure how to approach it
- What happens to old 401k accounts?
- VA Home loan vs traditional home loan
- Please talk me off the ledge. I really regret buying a house 2 years ago and seriously considering selling and just breaking even/taking the overall loss.
- Buying parent's home for what is owed on mortgage
- If I'm trying to reduce debt, is it a good idea to use my savings to completely pay off a credit card to minimize my debt? For instance should I use 5k and totally pay off a maxed out 4k cc
- Applying for apartments with 630 CS and getting denied. Monthly income is $3100. What can I do about it?
- Accountant STILL hasn't filed my 2018 taxes
- Best Place to put Away a Good Chunk of Money for two Years?
- Part time jobs for people with learning disabilities?
- I accepted an amazing new job with a 30% raise, but the commute is insane. Did I make a mistake?
- What items are commonly deductible for a person on a 1099?
- Boss asked me to quantify what I do to see if I deserve a raise, how do I go about doing this?
- How can I secure my vanguard 529 account I made for my nephew?
- Experiences with Discover Debit Card?
- Went to Wells Fargo to open an account. They already had my address and other personal information. Teller refused to explain why.
- Salary negotiations and cost of living
- Does $700 "Cosmetic" Car Repair Make Sense?
- What could I do with $26,000 in savings?
- Should l leave my better paying job for a job with a “free” MBA (minus taxes)?
- Are warranty packages for newly purchased cars worth it?
| Do I take a new job making 60% more than my current job, but for a much less reputable company? Posted: 25 Sep 2019 10:54 AM PDT I'm fresh out of college and have been working for the past 5 months for a very well known tech company doing SQA. I don't have any interest in SQA and originally took this job for the company name that I could put on my resume. I am a contractor for this company and currently the conversion to full time is not high at all, and I also personally would not want to be working here for more than 6 months-1 year Bc the job itself is not what I'm interested in at all. However the company is in a very exciting and prosperous market. I've now been offered a job making 60% more at a much lesser known company, however would be doing something I'm more interested in and relevant to what I studied in university. Here are my concerns: - that I've only been in my current position for 5 months and don't want the length of time to reflect poorly on my resume - that I would be leaving this massive company which whenever I say where I work to people I always get a shocked response - that if I stayed longer in my current position I would be able to get a higher paying job elsewhere in a company that I may prefer to the new one offered I would not need to move for this new job, so all my expenses would remain the same. Am I being to eager to jump ship to quickly and/or will this move negatively affect me down the line? [link] [comments]  |
| Debt collection agency calling to collect money we didn't consent to spending Posted: 25 Sep 2019 12:12 PM PDT For the past three years, my husband and I have been receiving several magazines that we never signed up for. We didn't think too much of it because we sign up for a lot of those "Enter to Win!" type deals, and we just figured that we'd won magazine subscriptions or something along those lines. Today, my husband got a phone call from a debt collection agency telling us that we owed $969 for these magazines. As you can imagine, we were floored because we had never been contacted about overdue bills, bouncing cards, or anything like that. After pushing for details, we seem to have pieced the story together: back in May or June of 2016, there was a fraudulent charge on his debit card. He didn't think too much of it and went about reporting it as fraudulent in order to get the card closed. The card was closed, but apparently this magazine company - a company called Readers Direct Publication Inc. - continually tried to charge a closed card, racking up this apparent debt that we owe. When I tried to find this company, all I found were dozens of BBB complaints about this company about the exact same thing happening to other people. This company has no website, no phone number, no address, nothing. I can't find a way to contact them and, when my husband asked the debt collector for that information, she basically told him that she couldn't/wouldn't provide us with this information. My husband is trying to cancel all the magazine subscriptions. He's only called one so far - ESPN - and they told him that they couldn't cancel it because a third party held the account. She suspended the account and, when he called the phone number that was provided to him of this third party, he was told to call another company. That company told him to call another. That final company did not answer because they are "away on a team building retreat" or some bullshit. What can we do about this? I normally would just ignore such a blatant scam, but the debt collection agency is legit (Pacific Collection Group), and my husband's credit score has already been hit (-36 points). I have reported them to the BBB. I also have a debt validation letter drafted and ready to be sent via certified mail to the debt collector, but the fact that my husband's credit score is already being negatively affected doesn't give me much hope for getting out of this. [link] [comments]  |
| Someone's trying to buy my house as is without even looking at it? Posted: 25 Sep 2019 02:23 PM PDT They sent a different letter a few weeks ago. I've never seen them in person. The website also gives no additional information. How legitimate are cases like this [link] [comments]  |
| Posted: 25 Sep 2019 10:18 AM PDT So I recently got a promotion at my current job to a senior associate but the raise that came with it was pretty much horrible. In the past the promotion carried a 15-25% raise based on performance and how the company is doing. I received great reviews but the company wasn't doing great this year so I only got a 8% increase. Obviously upset by this, I started applying and interviewing at other companies. I had an interview on Monday that went really well with a similar company but it's much smaller so the opportunity for growth is huge there. Today I received an email from the recruiter I've been in contact with basically saying "what number do you have in your head that if offered you would accept? " I'm not sure what number to say here, should I high ball it and see where it gets me or be reasonable? Some details: I have an MBA, work in consulting in NYC, 2 years of experience but promoted early. Started out at 68K - 74K- now 81K When talking to the recruiter I said to get me to move would be in the mid 90s and he said that might be doable based on the interview and how they like me and obviously they did; interview was supposed to be 1 hour, I was in there chatting with the partner and director for 2 hours and was called back immediately to speak to HR. My question is: based on the information above, what is the highest number I can say? I am trying to save as much as possible and also have 100K in student loans so obviously living in nyc on 80K is getting me no where I appreciate the advice in advance! UPDATE: Thank you to everyone who contributed your thoughts below. When I originally got the email, it was on LinkedIn so I only saw the preview and didn't want to open the message until I was ready to answer, not sure if people look at stuff like that. Anyways, the full message read that the company wants to offer me the best offer they possibly can to get me through the door and wanted to cut down on negotiation times so I can start ASAP. They have huge growth expectations and obviously need people. I told the recruiter that after some thought, I would need the 100K to move right now. I told him that since the firm is much smaller than my current one I would be losing some perks (working from home, suite tickets to events, an expense budget, basically perks smaller firms can't provide). I also said that I have been speaking to recruiters at other firms and that is what I would expect to make anywhere else. He thanked me for my open and honest answer and told me he will see what he can do for me. So now we wait, but I feel much better about my answer. Plus I would definitely love a 20K raise. Thanks again everyone! [link] [comments]  |
| What happens to old 401k accounts? Posted: 25 Sep 2019 12:28 PM PDT I called T. Rowe Price and they referred me to my former employer. My former employer referred me back to T. Rowe Price. Am I out these funds? [link] [comments]  |
| VA Home loan vs traditional home loan Posted: 25 Sep 2019 12:33 PM PDT My wife and I are looking into purchasing another home and I had a question about VA backed home loan. We would be rolling our current equity minus expenses(~$80,000) into our new purchase($290,000), so would be looking at a $210,000 mortgage approximately . Two questions. Since we have more than %60 for a down payment, is there any reason to use a VA home loan? Additionally, what kind of interest rate could we expect for the stated mortgage? I understand that VA Home loans require less down payment, but also incur a funding fee. I just don't know if there are any other benefits. A My wife and I have exceptional credit(780+) and combined income of ~$130,000. Any idea what we could expect for an interest rate? our current mortgage is 3.25%, and while I know we won't get that low, I'm hoping for around 3.7% Thanks for your help. [link] [comments]  |
| Posted: 25 Sep 2019 07:50 AM PDT Just over 2 years ago my husband and I bought our first house. We had saved and prepared for years and to say it's been disappointing is a huge understatement. I just don't think we were cut out for home ownership at all. It's a (relatively) small house and yard but we still struggle to keep up with maintenance. We're not handy at all and even trying to follow youtube videos usually fails so we end up hiring out pretty much everything which makes things expensive. Not to mention having to coordinate meeting with contractors (who don't even show up half the time) and keep up with yard work has taken up a huge chunk of our spare time. It's not a dump by any means but we've spent about $8k in 2 years just keeping up with normal maintenance issues (nothing fancy or cosmetic). We can afford it but at some point it feels like we're just pouring money into a black hole. Every issue that comes up is 1000x more stressful when we're the ones responsible for it versus just calling the landlord. I thought it was just normal buyer's remorse and gave it a chance but 2 years later I still feel anxious and stressed about the house all the time. I've been having trouble sleeping at night since we've been here and I'm at the end of my rope. There are still a bunch of things that will need to be fixed before we can sell (in retrospect we should have taken the issues found during inspection more seriously but we were naive and were told it was all a smaller deal than it ended up being). The house has appreciated about $15k and we have decent equity but after taking into account all the other costs I'm sure we'd be taking an overall loss selling now. I'm just so sick of it. The final straw was a pest issue we paid several thousand dollars to presumably have fixed last year is now happening again this year and I just want out. I know it's probably such a stupid financial decision but I want to go back to renting. My life was so much simpler then. Does anyone have any advice? Is it better to cut our losses now or try to suck it up and stay here longer term? [link] [comments]  |
| Buying parent's home for what is owed on mortgage Posted: 25 Sep 2019 01:37 PM PDT Hey guys. My parents had thrown around the possibility a few years ago of selling me their house for what they still owe on it, so they do not own the home. So it would be around 100k. After having a discussion with them about two months ago, they informed me that would no longer be an option and that it wouldn't be possible to sell it for less than 80% of appraisal value. Stepdad listed reasons that I don't remember as much of the financial terms were over my head. Is this something that is able to be done? Or no? And what is even the process of signing over a mortgage to a family member? Side note question: in 2011 when the massive storms hit the southeast US, many insurance companies cut people checks to get their roofs replaced. My parents got the check and never replaced the roof. Told me they would have it done whenever they decided to sell, put the house on the market three years later and never sold. This would be a big stipulation of mine having redone before I were to buy it. Are there repurcusions with the insurance company for not having this done when it was supposed to? [link] [comments]  |
| Posted: 25 Sep 2019 07:31 PM PDT |
| Posted: 25 Sep 2019 07:51 AM PDT State is WI and I feel helpless. I know 630 isnt great but it is what it is. [link] [comments]  |
| Accountant STILL hasn't filed my 2018 taxes Posted: 25 Sep 2019 05:49 PM PDT Back in February 2018, I gave him ALL the necessary paperwork. It's pretty ritualistic of him to delay until about...June. However, he's always done a pretty solid job, so I never really harped too much about it. This year, it's SEPTEMBER, and he hasn't filed my 2018 yet. I'm not entirely certain how to go about this. Do I fire him? Find a new one? I've been on him for months, and he keeps giving me excuse after excuse. [link] [comments]  |
| Best Place to put Away a Good Chunk of Money for two Years? Posted: 25 Sep 2019 03:34 AM PDT I've been saving up a decent amount of money and want to put that somewhere where I can let it grow on its own for about two years and use that as a down payment on a house. I already have some money in stocks and I dont want to put this money in with it in the off chance I wind up losing a good chunk of it. What's a good, safe place I can let my money grow for two years? Should I just keep it in my savings? Throw it in a certificate? Any other options? [link] [comments]  |
| Part time jobs for people with learning disabilities? Posted: 25 Sep 2019 12:48 PM PDT I recently got diagnosed with dyscalculia( I also have GAD and SAD so take that into consideration), and I'm trying to find my first part time job. I've been putting it off for ages even though I'm 20 because I'm terrified I'll have to use a cash register or just work with numbers in general, or that I'll have to interact with customers. I can barely smile at people! I need a job that I can fit in with college, so can anybody help me figure out some options? [link] [comments]  |
| I accepted an amazing new job with a 30% raise, but the commute is insane. Did I make a mistake? Posted: 25 Sep 2019 05:26 PM PDT A little background on my situation. I currently work for a small but reputable company in my area. My coworkers are great, company culture is awesome, pay is decent, and in a little town that I like. I even moved out closer to this town in order to shorten my commute. My drive to and from work is now typically 30 minutes each way (which is very good considering where I live), and I have free parking at work. There is rarely any traffic either. A few weeks ago a recruiter approached me about another job opportunity, and I thought, why not? In the end, I got a job offer with a 30% raise, twice the amount for benefits, I have better opportunities to advance in my career, and I even have a good friend friend working at this new company who tells me that the company is amazing. Everything is better than my last job except.... the commute. This job is smack dab in the Downtown of a metropolitan area, and you can imagine the chaos of driving, especially during rush hour. If I were to take public transportation, my commute would be about 1.5 hours each way. If I were to drive, my commute could easily be 1 hour each way still. And if I did drive, parking fees will be insane, even though my raise kind of offsets this. I love everything about this new company, but the commute is the only thing bothering me. I can't imagine sitting on public transit for 3 hours total everyday, or the stress of traffic. So, did I make a mistake switching jobs? Are the pros good enough to offset the cons of switching? [link] [comments]  |
| What items are commonly deductible for a person on a 1099? Posted: 25 Sep 2019 07:39 PM PDT So I have a brief list so far but am wondering if there are any other recommendations:
Questions on these items:
Any tips/resources appreciated. Also, is it best to file quarterly or is it easiest to just do it in one shot. I have to note to keep all receipts and screen shots of orders/etc. I guess as a final note, can anyone help me understand the benefits of itemized deductions? Like if I upgrade my phone and it costs me $250, by me itemizing that as deduction, how much does it actually end up costing me since that money isn't taxed? presuming I'm understanding things right. [link] [comments]  |
| Boss asked me to quantify what I do to see if I deserve a raise, how do I go about doing this? Posted: 25 Sep 2019 03:44 PM PDT Throw away, because my whole office uses Reddit. I asked for a raise, and my boss asked me to write on paper what I did this year and to quantify it, then submit it to him in order for me to get a raise. I'm mainly an administrator and I do most of the behind the scenes that others use/operate. For example I do system and user permissions for our systems. Create database tables for others to use, such as historical data. Make sure our cron jobs are properly executed and run on time. Create visualizations , Dashboards and train others in using our system. Now none of these things have an immediate cash reflection to them, and not sure how to go about getting started on doing this Can anyone help me out? [link] [comments]  |
| How can I secure my vanguard 529 account I made for my nephew? Posted: 25 Sep 2019 05:09 AM PDT I made this account for my nephew. I would like to be able to give relatives the ability to easily contribute to it. I think providing the routing/account number is definitely one of the easiest ways. But I also want to make sure that under no circumstance can anyone but the beneficiary or myself ever withdraw from it. What's the best way to let other's contribute but make sure no one can make withdrawals? [link] [comments]  |
| Experiences with Discover Debit Card? Posted: 25 Sep 2019 07:12 PM PDT Anyone have personal experiences with the Discover Debit Card? 1% cash back sounds pretty good, but I can get that with a credit card? Thoughts? [link] [comments]  |
| Posted: 25 Sep 2019 06:53 PM PDT Should I be worried? I don't have a loan with them or a bank account. I closed my Totally Free Checking with them a decade ago. They asked for my name, and all of a sudden asked to verify my phone and address. The info she had was current. [link] [comments]  |
| Salary negotiations and cost of living Posted: 25 Sep 2019 02:13 PM PDT Hello all! I'm in the middle of salary negotiations and I was wondering if anyone can help explain what a "cost of living increase" is? I received an offer for X amount and I asked for a higher salary. I was told that they could do that higher salary but that I wouldn't be eligible for a "cost of living increase" if one is provided. What exactly does this mean? Is it worth it to go with the lower amount just so I would be eligible for the cost of living increase? I'm in Philadelphia if that matters at all. [link] [comments]  |
| Does $700 "Cosmetic" Car Repair Make Sense? Posted: 25 Sep 2019 01:25 PM PDT I own a 2018 RAV4 with 40,000 miles on it, and vehicle is in great condition. The other day while I was in a mall, someone keyed/scratched the car, leaving a deep 6 inch scratch on the driver side door. This is the first time I've had this happen in a car that was in a condition I'd actually notice it. Took it to a few repair shops and average estimate was $700 to fix. On the one hand, it is a still a fairly small scratch and has zero effect on the car's safety/drivability/etc. On the other hand, I live in Michigan where the winters are not kind and am worried about potential rust to the vehicle. Just trying to figure out where the balance is between immediate costs vs. potential long-term damage to the vehicle. At $700 would it make sense to repair the scratch? [link] [comments]  |
| What could I do with $26,000 in savings? Posted: 25 Sep 2019 04:53 PM PDT Lost story short,married with a child. Have a great job but break even and I'm the only income. Have a dream job actually. But a buddy offered me his whole finished downstairs apartment with all the bells and whistles for $400 flat a month. If I take $500 a month for a week for one year my savings are 26k. What could I even do with that. I grew up with a single mother,I've never seen that much money. That's damn near the lottery to me. Personally I wish I could just go off the grid and live off the land but I have a child and it's just not a solid option. So should I save the money in cash or bank? And it may sound absolutely stupid but I'm 22M,if I had 26k,what would I have to do to have 1 million in saving by 30?. If not possible,what's the best way to out the money to use? I thought a few thousand could do good invested into Tesla. Edit: I would like to thank you all for your kind advice, i really do appreciate it! Have a good rest of your day guys and gals(: [link] [comments]  |
| Should l leave my better paying job for a job with a “free” MBA (minus taxes)? Posted: 25 Sep 2019 04:50 PM PDT So I work in a corporate job making $78k plus overtime - it's interesting, good work life balance and typical big business perks that are nice but not essential. I feel like there isn't that much potential for advancement right now, but it's comfortable and not stressful. I have a Masters degree for an unrelated field from my current or prospective job. My pickle is that I was just offered a job at a reputable, well ranked university where one of the benefits is that after working there for a year, they 100% cover tuition if you choose to attend a graduate degree at their school. I would want to do an MBA, which is typically very pricey - around $120k. The pay for this job would entail a pay cut - $70k no OT- and the benefits are slightly more expensive than what I currently have. I would be allowed to work remote sometimes, something I can't do currently, but my commute would go from 1 hr each way to 1.5hr each way. It would be a more stressful job, less cushy, but again, the main draw is the tuition program. However, above $5,250 a calendar year, I would have to pay taxes on the remaining $55k of tuition ("excess included in gross wages and taxes will be withheld") and I really don't know what that would look like for my paycheck. Another twist is that this program I would join at the school is grant funded and funded through 2021, but beyond that, it's uncertain. They think they'll receive grants beyond that but nothing is sure. So my question is - does it make financial sense to take the uni job with the expectation that the MBA would offset any losses by taking a pay cut/paying these taxes by increasing my marketability in the future? It seems like it's a lot of uncertainties right now, but it also could be a really interesting opportunity. I'm not sure I would get an MBA unless it was paid for by work and I don't understand how much in taxes I would have to pay. Any insight would be appreciated, thanks! [link] [comments]  |
| Are warranty packages for newly purchased cars worth it? Posted: 25 Sep 2019 12:58 PM PDT Not sure if I'm posting this in the correct sub but I thought I'd give it a try So I'm in the works of purchasing a new 2019 vehicle. before being sent to the finance manager for the final steps in the application process the sales associate, who's good friends with my mother, suggested I don't buy into any of the tier levelled warranty packages the manager will try to sell me and instead to only go for the rustproofing package. This vehicle is intended to serve as a long term gig, so I kind of bought into the idea of the highest tier "platinum package" which he offered with the basic warranty at a reduced price. Basic package is $3000 CAD (includes rustproofing and basic paint and interior protection, seems very barren as it only covers touch ups from dead dried up bugs, discolouration by bird poop and NOT small chips by rocks) and the platinum package is an extra $2500 CAD, which covers everything electrical in the vehicle (example if the dual DVD screens stop working, key FOBs break but NOT lost), roadside assistance (which at first I liked but then I remembered that CAA membership is only $100 CAD a year and is literally the same thing. Free oil changes for 5 years. It included a whole lot more but I won't bother typing it all out. He was willing to combine both packages, which covered me for 5 years, for a supposedly discounted price if $4400 CAD Adding an extra $39 CAD to my biweekly payment. The more I think about it the less I see a point in buying, I've looked up rustproofing prices in my local area and it seems to run about $120-130 CAD for every 18 months, but they're basic rustproofing package alone is $1800 CAD and includes free touch ups every 18 months (which seems to me like I'm just pre-purchasing rust proofing sessions) And if I ever did need to utilize that warranty I doubt I'd ever see my money back unless literally everything goes wrong with the car. The extra $80 it would add on to my monthly payment could be used for my gas costs since I'm moving from a 4-cylinder to a 6-cylinder. Sorry if the structure of this post sounded weird, my wife insists I make the final decision as to get the warranty or not. Edit: Thanks for all the replies everyone, I didn't expect so many insightful replies and I really appreciate it. It really helped to get multiple sets of fresh eyes on the perspective since the people I asked in person suggested going for the warranty. Decided not to go for it and will tell anyone else in the future to check out this exact post before making a decision haha. Cheers [link] [comments]  |
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