Personal Finance Weekend Discussion and Victory Thread for the week of November 08, 2019 |
- Weekend Discussion and Victory Thread for the week of November 08, 2019
- Just got let go. No savings, two young toddlers and a house. Feeling pretty scared right now.
- [EU/US] Why does a US law firm want to buy faulty Macbooks all of the sudden?
- question regarding paypal
- "3-6 months of expenses saved in an emergency fund" is what I've been told. I'm at 5 months. What now?
- Anxiety is causing my self employment income to become almost non existent and i dont know what to do (Really need help)
- What is this type of investment called?
- College Student Being Evicted
- Parents in a ton of debt
- Is it possible to pay the principal on my student loans while I am still in school, without paying the interest first?
- Who has experience in going crazy trying to pay off their debt?
- Things I Learned While Negotiating a Medical Bill After Getting a Suspicious Mole Removed by My Dermatologist (or TIL While Negotiating Medical Debt)
- Too many unused credit cards, but want to open new accounts. Advice?
- Over-burdened ourselves.
- Should I go through my insurance?
- Stay on moms credit card or get off?
- I want to buy an engagement ring but I also want to finish school.
- Auto Insurance premium error in my favor - advice appreciated
- [US] Federal Healthcare options
- Position Eliminated
- Started the process to buy a house, question on opening new credit cards
- 457 Savings Plan and Mandatory Pension Contributions
- Made a lot of mistakes as a young adult now I’m in a hole.
- Girlfriend is in an insane amount of debt
- US Fico score for canadian
- Experiences with an Individual 401k at mysolo401k?
| Weekend Discussion and Victory Thread for the week of November 08, 2019 Posted: 08 Nov 2019 01:04 PM PST If you need help, please check the PF Wiki to see if your question might be answered there.This thread is for personal finance questions, discussions, and sharing your success stories:
A big thank you to the many PFers who take time to answer other people's questions! [link] [comments]  |
| Just got let go. No savings, two young toddlers and a house. Feeling pretty scared right now. Posted: 08 Nov 2019 02:11 PM PST No forewarning. I just went into a reoccurring meeting the same as every other Friday and was told I was being let go immediately. This job paid well, and even then my wife and I live paycheck to paycheck with all of our bills and trying to pay off an A/C unit. We have virtually no savings. I know I need to apply as much as possible. I don't know why I'm even really posting, I'm honestly just feeling pretty scared right now for my family. Edit: Thank you to everyone who's providing laid out plans, and helping me keep my head on straight as well as my sanity. I'm actively applying and trying my best to keep calm. To those that seem frustrated why I don't have savings prepared...I really don't know what to tell you. One day you've got 15k in the bank and you feel safe, the next year you get hit by a hurricane and your roof is wrecked, and your ac unit dies in FL. On top of that, we've been paying car payments since our last car died two years ago. Believe you, me - Drove my 2003 Hyduani until the wheels fell off. Shit kinda just came at us all at once, and we never really recovered. The plan always was to get rid of these ever-looming debts hanging over our head so we can get back to saving. The goal was to throw large payments at the things so we could get rid of them quickly without accruing interest. The wrench in that plan was I just wasn't expecting to be fired. Edit #2: For those messaging asking what I did. I worked remotely as an onboarding manager for a digital marketing agency. 40 hours a week, salary. I wasn't given a reason why I was being fired, but I suspect it was due to a client complaint that happened a few weeks prior. The onboarding client at the time kept sending me the wrong thing and got extremely worked up after I sent him an email with the words "I'm sorry, but this is not what we need". Kept sending WordPress backend access to his website when I was simply asking for domain hosting information from GoDaddy. He got mad at me and complained directly to the CEO threatening to quit. CEO flipped out and was ready to fire me on the spot, but was convinced not to by my manager. From then on, I felt weird vibes from my manager almost every day. Things started to clear up on onboarding in terms of workload, and they were having me offboard the remainder of my clients to their assigned CSM. It's clear to me now that they were waiting for things to die down before pulling the plug. I was definitely in shock while I was being fired because I didn't even ask why. They told me they're not going to be paying me for November, but prorating me for the days worked this month thus far. Doesn't feel right at all, but then again this company has a history of shitting on their employees. Edit #3: To those offering to help edit my resume/cover letter, and assist in teaching how to interview. You are truly amazing human beings. I don't really have the words. Thank you so much for taking the time out of your day to offer help to a complete stranger. Thank you. To those who have been through what I'm going through right now, thank you for helping me feel understood. I truly am sorry. No one should ever have to go through this... On the bright side, this thread has 100% helped my mindset, and I don't feel as mentally dazed anymore. I've taken many of your advice to heart and I intend on acting upon them. I'm glad I posted this. [link] [comments]  |
| [EU/US] Why does a US law firm want to buy faulty Macbooks all of the sudden? Posted: 08 Nov 2019 05:42 PM PST I'm not from US [EU] So I had inquired this law firm some time ago how to join class action against faulty macbook gen 2 keyboards. I'm not from US. They never replied, but now they mailed me asking if I'm selling my broken Macbook Pro. It is not a scam, but real law firm in US. Why are they doing this? Do they need proof for the class action lawsuit? Do they know a way to get larger compensation for these Macbooks? What is the catch? My model is late 2017 and suffers tremendously from all the keyboard problems. I was planning to have it sent soon to Apple for that 4 year keyboard exchange plan, but was also told they would exchange it for the same faulty gen 2 keyboard. So now thinking maybe it makes sense to sell my Macbook Pro to this law firm. It was an expensive purchase so if I could sell it for good money and buy one with Gen 3 keyboard it'd be a good solution. Any advice would be much appreciated. [link] [comments]  |
| Posted: 08 Nov 2019 09:40 AM PST question regarding paypal ive been told by paypal that i owe them $7500 for a transaction about 2 years ago i received 7500 in paypal as a form of deposit for a car i was selling after we finished the transaction i issued a refund on paypal for the deposit as the buyer gave me the amount in full paypal took the money out of my paypal account AND my bank account so im now short 7500 contacted my bank - got that fixed and for some reason now my paypal account has 7500 extra? i called paypal (wasn't useful) and went through 3 reps with no luck on what happen until one day my account went back to - $7500 (deficit) i double checked with the buyer, he confirmed he got his money back so we are good on that end but now paypal is contacting me (2 years later) saying I owe them money when i show them bank statments that they took money out of my bank and also out of the paypal account - what can i do? i have no received any collection agency letters or anything, but will that affect my credit? lastly i cancelled my paypal account after this fiasco as i no longer want to deal with this company [link] [comments]  |
| Posted: 08 Nov 2019 11:19 AM PST I'm 23(M), married, debt free, currently renting an apartment, I have 5 months of expenses saved in an emergency fund. Do I fully fund that till I have 6 months, and then move my focus to a down payment and retirement? Or do I continue to save, less aggressively than before, and divide my "financial attention" between my emergency fund, retirement, and down payment? Any tips on which to prioritize? A little more info on what I've been doing: $48k income, saving 10% to money market e fund, 5% to 401k with 4% employer match, 10% to tithing, 18% taxes (ish) so I guess my expenses are about $27k. Just lookk for advice on how to prioritize what I invest in and save for! Thanks in advance! Edit: thanks so much for all the advice and opinions! I have a good idea of my next moves! [link] [comments]  |
| Posted: 08 Nov 2019 06:25 PM PST Hi i have been struggling with social anxiety for quite some time and my home was always my safe place. Now recently i have developed health anxiety, as im writing this i still feel like something is wrong with me, been to the doctors plenty of times and have been told im ok just anxious but in my head i still think something is wrong. I think my health anxiety all comes from when i started to have panic attacks because of the fact that my self employment has gone to shit, im a youtuber and was earning a decent amount at one point but now its awful, i always wanted to be a youtuber and i loved the fact that i was comfortable because it meant i didnt need to be out in the world talking to people etc because of my social anxiety, i hate whenever i have to leave my house even for the smallest thing. In terms of earnings i cant say the exact amount but all i will say is at one point in my life i was earning £2 - 3k+ a month and now im literally earning under £200 a month and its bad. i live with my parents but still have to pay rent to the council, its something like £80 a month or something. With this increased anxiety lately its causing me not to make videos etc therefore lowering my income more and i seriously do not know what to do, im so scared and feel helpless. Im on meds and recently stared sertraline and the side effects are awful (increased anxiety/panic) tho i only just started them so im trying to stick it out. If i could i would stop doing youtube and go on some sort of benefit but i dont even know if that is an option for me :( im scared they will just put me on jobseekers allowance and with me being scared to even go outside i will not ave the confidence to sign up to any jobs and therefore the jobseekers would stop resulting in me having no money at all and then i would be worried that the council will kick me out of the house for having no money to pay them the rent they want. i just dont know what to do anymore and feel like my life is coming to an end. [link] [comments]  |
| What is this type of investment called? Posted: 08 Nov 2019 06:25 PM PST Hi all, when i was younger i remember being shown this type of ticket that you bought for, say, $100, and in 5 years you get the $100 back with interest? I also recall that this family member kept them in his gun safe and that some of the more expensive ones would double his money after 20 years. I'm REALLY good at delayed gratification and doubling an investment after a few decades seems like the perfect retirement plan. Thanks in advance!! (Googling this only found me stock market stuff and i know this isnt a stock market thing) [link] [comments]  |
| Posted: 08 Nov 2019 06:20 PM PST Hi people. Feeling pretty bummed right now. Long story short, I'm way behind on rent and my apartment complex is going to be opening up a court case against me on November 11th. Basically, I moved out of my parent's house into Indianapolis, across the state from my family. This is my second year attending college. The first year I lived in on-campus housing, and made it out on the other side just fine. However, now that I'm off campus, there's a lot more challenges. In my first year, I saved up enough to where I could study without working. I knew I had to work this year, so I began applying for jobs before moving here. Unfortunately for some unknown reason, I didn't receive any job offers for 3 months, after which I received 15 interview offers in a week. You might be able to see where I'm going with this. I've finally gotten a steady stream of income where I'll be able to catch up on my rent, but it doesn't matter. I'm $2,000 behind on rent, in the middle of finals, working two jobs, and at risk of losing everything I've worked so hard for. Im at a loss. Lenders won't help because my family has always been poor, so no members of my family have any credit, and I don't have enough on my credit report to justify anyone lending me money. I really don't know what to do, other than brace for the storm and prepare to give up on my dreams. Any advice? [link] [comments]  |
| Posted: 08 Nov 2019 01:47 PM PST My mother recently was given the option of cashing out an old pension plan with a lump sum (about 48k) option. I told her to let me look at it and see what would be the best option for her. I came to the conclusion that it was better to keep the pension (360 a month at retirement which would be ~4 years away) and not take the lump sum. She started freaking out saying she needs to take it to pay all her bills. long story short and much arguing later, this led to a huge revelation which is that my parents currently have about 40k in credit card debt, with minimum payments of ~1250 a month, and all averaging about 25% with some up to 29% interest rates! This was a huge shock for me and I am not entirely sure what they should even do. They own their small home outright (~200k according to zillow), and bring in about 2700 a month takehome. My parents have no other retirement saved up besides social security. They have living expenses that total about 1450 a month. This includes the following; car lease 337, internet/cable 191, car ins 150, phone 138, gas 120, grocery 120, home insurance 118, gas for house 100, electric 85, water 80, separate health insurance 37. I am fairly well off (relative to this) and just getting my family set up on our own financial footing so I don't know much about how to solve this particular issue. I have heard of options like consolidating debt or taking out a mortgage on the house, but I don't know much beyond that. Is there anything I am missing or something that could help them? Thanks! [link] [comments]  |
| Posted: 08 Nov 2019 05:52 PM PST I have student loans through FedLoan, and am currently deferring while in school. I am wondering if I can pay down my principal before paying down the interest. Obviously this would be beneficial, because my interest won't capitalize for a while. Is it possible, or do I need to pay the interest first? [link] [comments]  |
| Who has experience in going crazy trying to pay off their debt? Posted: 08 Nov 2019 04:09 PM PST My goal is to be debt free in under 5 years. I have a total of 40k to pay off, while earning a net income just shy of 30k a year. The problem is that I work at a collections center. The good is they've been training to promote me for the past six months. Due to health reasons, I quit, then went back to pay bills. I wasn't stable enough to look for another job. I have a bachelors and have been working for the past 4-5 years in various underpaying jobs. That means I need to work two jobs. I keep trying that, but I burn out after a few months. The first time sunk me 10k. My jobs make me "literally" crazy. I'm debating quitting again and just working in food or something. My mom says I should go back to school for a masters. [link] [comments]  |
| Posted: 08 Nov 2019 03:54 PM PST Wow. What a crazy little roller coaster ride that was. Backround: received services from dermatologist and was appropriately billed (albeit a large amount) my portion after insurance did their part Concern: this was my first experience while under a high deductible plan, and I started to question if I should have waited to get the services done until after my lower deductible benefits kicked in (Oct 1) Assessment: at first I thought my provider must have surely been out of network and that's why my OOP (out of pocket) cost was so high. This was not the case. Next I researched Reddit to see if I should even attempt to negotiate what I still owed the provider... Main consensus, "doesn't hurt to ask." So I asked and they said, "no." I then asked to speak to a supervisor and was sent to voicemail, at which point I left a message. That very night I decided to research Reddit some more and this time I read every thread/post that came up under the search "Negotiating Medical Debt". Main themes varied widely from ... Pay what you owe to ... Let it hit collections to increase your leverage (surely they'd rather take 50% of monies owed versus pennies on the dollar). Then there was this one thread that threw out an interesting idea... Go back to the insurance company to see what they could do (not just to complain to them but to see if you could find a valid reason or proposal to appeal for them to reconsider how much was paid and if they'd be open to paying more, hence reducing the patient's ... my... OOP). Ding ding ding So I called my insurance and had a very enlightening conversation with the agent... Who helped explain that even if I had waited to receive services I'd more than likely have been in the same boat regarding my expected OOP costs. That brought some relief but not to my wallet. The one benefit of waiting would have been that I could have met my deductible for all of 2020 but because my services happened before my "new" plan kicked in (Oct 1), I'd only get credit for that large dermatology bill against my deductible through 2019. This was the key turning point... I asked if I could "appeal" the claim decision based on the confusion surrounding how and when my deductible would have been applied and ultimately met, either through 2019 or all the way through 2020. Once I mentioned "appeal" and, honestly, because I believe we had a very informative conversation she offered two options.... 1) Do exactly as I had asked... To see if I could get credit for my deductible being met through 2020 even though I should only get credit through 2019. Essentially switching the dates of services to after Oct 1st versus their original dates of Sept. I'd still be on the hook for the OOP bill I received but for the next 13+ months I'd get better coverage from all procedures moving forward because my insurance would be more on the hook for coverage Then she explained option 2: 2) She could submit for an exception based on the confusion about my coverage and ask the insurer to "overpay" on the claims and instead of me being responsible for the left over amounts, my insurance would pick up the tab. They'd instead charge me my co-pay visit fee of $30 for each of the two visits in question. There were limits but she thought she'd be able to tackle the total large bill I was facing and reduce it to $60 total! That second option felt like a no brainier. The only down side is that I'd still be on the hook for my full deductible moving forward but the great part is, since it is now after Oct 1, my new plan's deductible is a 1/3 of what it was compared to the high deductible plan I was under through Sept. Essentially, it boils down to never hurts to ask, but tack on, it only helps to be educated about what you're asking for... Hope this helps others and if any details need explaining or if I can help answer specific questions. Let me know. For the record the bill was for about $1,100. Which I will now only owe $60. And my insurer was BlueShield of California PPO (non-ACA). Deductible before Oct 1st was originally $3,000. I switched to the $1,000 deductible plan as of Oct 1. Everyone did their part right, the doctor, the insurance company, etc. This was more of a compassion play on the insurer's part and may not be available across all payers. Good luck. [link] [comments]  |
| Too many unused credit cards, but want to open new accounts. Advice? Posted: 08 Nov 2019 05:19 PM PST I'm a recent graduate and I'm starting to apply for credit cards on my own, but I have too many credit accounts open already. I have very good credit thanks to my parents, and I'm afraid that I'll get denied for having too many open credit card accounts, and I'm afraid of closing some because it will hurt my credit. So here's my situation and my cards (or at least accounts showing up on CreditKarma):
Right now it's showing that I have 6 credit accounts under my name. I have two (bolded) accounts I never use, and one account from my parents that I also don't use but would like to keep for the credit history. I was planning to apply for the Chase Freedom Unlimited to pair with my CSR. Will I get denied for having too many accounts? If I close the WF card or the PayPal credit line, how much will that impact my credit? What should I do going forward? Thank you in advance! [link] [comments]  |
| Posted: 08 Nov 2019 07:29 PM PST Okay, like the title says, we screwed ourselves. Military family, just came from overseas to a LCOL, thought we were good to go for buying up the things we did. Got a house, got a new car, got a water filtration system, and did some remodeling. We were good until we weren't. We had a nest egg of 20k, the house held together just long enough for us to think we were good and lock ourselves into a new car and the water system. The furnace just went out, the downstairs cinder block wall started molding from foundation issues that were behind a wall that we tore out because of the damp and moldyness, the bathroom tub supports are rotten, the linoleum is coming up in both bathrooms, our chimneys are completely unusable so we are getting them fixed for almost 6k so we can use them to heat rather than rack up an additional $300+ to our electric bill (which is nonexistent now since we have no furnace... it's was 56 degrees in our house last night, 23 outside, tonight is even colder), we had a tree fall on the house from a storm but our deductible is just high enough and the assessor judges it literally within $200, so the entire deductible is spent, minus 200... so, not going that route, I'll do the work myself. Just... everything fell apart literally in the last two weeks. We've been here since the beginning of the year and just... wow, weren't even seeing any of these issues on the radar. My monthly paycheck was enough to cover everything and put a couple hundred into savings, but with all this, it racked up and maxed our credit cards. I have no way to pay them down now, and our bills are just racking up more and more with payment plans to the contractors to fix this stuff. My monthly payment for the car is a lot. Like, another house payment without the escrow level payment. Again, totally affordable for us at the time, but without it, we'd be golden currently. My thoughts... can I just stop payments? My credit score is already crap. Barely got the house and surprisingly got a really good APR on the car for the score, barely didn't have to pay deposits for utilities. So, not super low, but not great either. If I go back to the dealership... can I just give them the car back, tell them to keep the payments, and tell them I'm stopping payments? Save them a tow truck to come get it. Or??? I don't know how it works to not pay for my own things. I've never been in a position where I had to choose. I feel like in the dead of winter utilities are important. Mortgage payment is important. Phone service and WiFi I have to have for work and my wife is in school online full time (she brings in some income but she is having a rough go of school and even though she works about 6 hours a day, her grades suffer for it). We are adjusting our food stuff, we already don't eat out or eat crazy. Most everything else accounts for less than $400 spending each month... so not sure where to shave off more, and I really think getting rid of the new car (we have a second vehicle, a truck, that we own outright, but it's not worth much). Is a viable option, just not sure how to do it "correctly". [link] [comments]  |
| Should I go through my insurance? Posted: 08 Nov 2019 07:25 PM PST Long story short, backed my new truck into my trailer causing a decent amount of damage. Trying to decide whether I should claim the damage through insurance. I am 32 with a perfect driving record (no tickets no accidents). My deductable is $500 dollars through Geico. I got some estimates through some body shops and the rrlai cost looks to be around 3k. I can afford to go out of pocket but I also know this is what I have insurance for. Just looking for some advice on how to approach the situation. How could this affect my rates long term? Is it better to just go out of pocket? [link] [comments]  |
| Stay on moms credit card or get off? Posted: 08 Nov 2019 07:13 PM PST I'm planning on buying a house within the next year. I've got three credit card accounts under my name. 2 I personally own while the 3rd is an authorized user account. The authorized user account has a history of 10 years, while my other 2 are 1 1/2 years and about 8 months. Both of MY cards are completely paid off and I never miss a payment and both cards have seen lots of usage with on time payments. In other words the accounts are perfect besides their age; they hold no balance as I pay them in full each month. The authorized account is currently at a usage of 40%, but shows 10 years of credit and on time payments. My thoughts were that if I were to take myself off of the authorized account, and leave myself enough time for the credit score to climb back to where it is at (740) or even higher. Also was thinking of requesting my credit limits be increased, but would this even do anything if my cards are paid in full each month? And what happens if I let one of my cards sit, account open, without ever making another purchase on it again? [link] [comments]  |
| I want to buy an engagement ring but I also want to finish school. Posted: 08 Nov 2019 07:05 PM PST I'm a college student about 6 months away from graduating. I recently got a car loan that I currently owe about $4k on. I need $5k to finish school because I put down what I had left in savings on the car. Meanwhile, I'd like to propose to my gf soon and just found out that a family heirloom diamond ring is actually made of glass. I have a minimum wage, part time job but am considering starting a second job. So should I get a loan? What kind? [link] [comments]  |
| Auto Insurance premium error in my favor - advice appreciated Posted: 08 Nov 2019 12:58 PM PST Hello, I called the company to add renter's insurance to my policy and the salesman even commented on how low the rate was but didn't seem suspicious at all. I'm 24 years old. There's no way in hell that $400 for 12 months of car insurance is accurate. My question is whether or not there are any negative repercussions from me keeping my mouth shut about this. Or better yet, calling the company and requesting the $600 credit to be reversed back to my card. Any feedback would be appreciated. [link] [comments]  |
| [US] Federal Healthcare options Posted: 08 Nov 2019 06:45 PM PST Currently Federal employee and thinking of changing my healthcare plan in open season now to a HDHP. Currently have the MHBP Standard Plan and looking to go with the GEHA HDHP or BCBS Focus plan. My main concerns are I'm not too familiar with the HDHP and the HSA. Can anyone break down the pros and cons between these plans? [link] [comments]  |
| Posted: 07 Nov 2019 08:31 PM PST So I was called in last Friday and was told that the company is eliminating 2 people at my position. I happened to be one of them. In about 10 minutes, I was out the door. They said they will give me a severance package and I signed a paper indicating that. The whole thing was quick and bizarre. I never heard from my boss or anyone in my department. Just HR and me, and I was out I've been fired before but never been in this position. Even though legally this is a lay-off, the way it went down felt like a firing. I was trusted with with multiple systems(IT) and HR followed me around to my office and looked at me like I was about to steal something as I grabbed my stuff. Not even sure I got all my stuff as I felt rushed I read some companies use the "position elimination" clause to fire someone they don't like for any reason in order to let them off gently and avoid legal issues. Is that true or am I reading too much into this? I felt there were a few people in my department including my boss that didn't like me, but my work was good. Also, since I signed the severance letter, that probably means I can't go after them even if I had a case for wrongful termination correct? What would prove that I was wrongly terminated anyway? If they replace me couple of months down the road? Sorry. If this came off as part venting, it is. Its just that I have a lot to this company. I did everything I was asked. Come in odd hours, stay super late etc... Don't mind the lay-off, but I want a piece of mind. I wanna be sure it's not performance related. [link] [comments]  |
| Started the process to buy a house, question on opening new credit cards Posted: 08 Nov 2019 06:23 PM PST Hello, My wife and I started the process to buy our first home. We just secured our first prea pproval with a lender, not a broker. I have a couple of questions that I hope the community can help us with:
The question is, should I open a new card at this time? This is considering that it inquiries may affect my credit by the time we are ready to close on our mortgage loan which may be within the next 6 months or so.
Thank you in advance for any input. [link] [comments]  |
| 457 Savings Plan and Mandatory Pension Contributions Posted: 08 Nov 2019 01:22 PM PST I started a new job with a government agency. The job requires that I contribute 8.5% of my salary to a pension plan. The job also offers a 457 savings plan. Can I contribute $19,500 to the 457 plan in 2020 in addition to the pension contribution? Or can I only contribute to the 457 plan less the amount of the 8.5% pension contributions? [link] [comments]  |
| Made a lot of mistakes as a young adult now I’m in a hole. Posted: 08 Nov 2019 06:14 PM PST So I'm 24 years old, and I'm in about $10,000 in credit card debt. I live in LA and currently pay $770 a month in rent, and have no idea how to get out of the hole I'm in. I was working a minimum wage job, $13.25 a hour but have put my two weeks in here with a couple of other jobs lined up. The problem is I can't get anything better than minimum wage right now, but the things I have lined up are full time where the job I was working was only part time. My credit is about a 600 so I can't get personal loans to pay off credit card debts at lower interest rates, and that's the majority of my hardships right now. Any advice? Edit: detail list of things I pay for Rent: $770 Credit Cards: approx. $400 a month for all of them Fridge financed: $50 a month Power: approx. $100 every two months Internet: $20 a month [link] [comments]  |
| Girlfriend is in an insane amount of debt Posted: 08 Nov 2019 06:10 PM PST My girlfriend has 200k in student loans. All of it is federal loans and she just got a job in the government. I've heard that after 10 years of making payments you can apply for loan forgiveness. (by working in the public sector) Is this accurate? Also, if we were to get married, what would that mean for me in terms of being able to pass credit checks for a house etc? I make double of what she makes and am debt free. Would us being married bring down my credit to the point where our combined debt to income ratio would be way out of balance? [link] [comments]  |
| Posted: 08 Nov 2019 06:02 PM PST I have had a well used US credit card and US checking for a decade or so. Used that card all over the world for 10 yrs and always paid in full. I also have a US social sec. no. from a US stay yrs ago. But I haven't been to US in 10 years. Recently , I thought to check if I have a US credit history and a FICO score. Turned out the US bureaus have nothing on my s s no. They say my US bank has not been reporting my credit card history to them. And my US bank does not have a clue. What could be the reason? Is it because my US accounts have my Canadian address ? or could it be something else? [link] [comments]  |
| Experiences with an Individual 401k at mysolo401k? Posted: 08 Nov 2019 05:50 PM PST My wife and I regularly do backdoor Roth contributions and expect to continue doing so in future years. I recently left my job to return and finish school for a few years, and am not crazy about the old employers plan, so I'd like to move my funds out of it but avoid the pro-rata rule. Id also like the option to contribute any side gig profit and someday even pull in enough to execute mega-backdoor contributions. White Coat Investor has an article comparing i401k plans and I believe he mentioned mysolo401k but he couldn't find much about it. His suggestion was E-Trade as it's the most flexible prototype plan among the major players. It still lacks after-tax contributions though. I'm aware that their plan requires a bit more complexity, but I'm hoping someone who has or has had a plan with this provider can offer their experience and any caveats. Thanks. [link] [comments]  |
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