Personal Finance Signed up for Capital One Quicksilver ($0 fee) 2 years ago. Just saw that it was "upgraded" to a Quicksilverone card ($39 fee). I'm going to call today, what do I say? |
- Signed up for Capital One Quicksilver ($0 fee) 2 years ago. Just saw that it was "upgraded" to a Quicksilverone card ($39 fee). I'm going to call today, what do I say?
- Apartment asking for bank login name and password to pay rent.
- Budgeting tip - keep track of your gift spending and budget it during the year
- Inherited mortgage
- Opening a Roth IRA. What's the best way to manage it? Can I trust Vanguard, Fidelity, Ameritrade, etc. Where can I find out more about them?
- 31. Single. No retirement. No house. $20k saved up. Need advice.
- Other Party's Insurance Deposited Money into My Bank Account Before We Came to an Agreement on Property Loss Settlement
- Profit interest grant... are there any risks?
- I'm looking for a safe credit card. Fico score 752
- Recieved a letter from CRA saying I owe over 12k for overpayment of EI benefits.
- Best Credit Card for general cashback?
- Leaving Job - What to do with Pension, Pay Student Loans?
- Misled by the dentist's office regarding if they are in-network for my insurance.
- My wife is paid on 1099, I’m paid on W-2, would it be ok to fill out my W-4 to deduct my wife’s proportion of taxes from my paycheck?
- Health plan coverage will put me in debt? Does anybody know what I need to do. I sure don’t anymore.
- Is it conceivable that the IRS asks me to submit an amended return and end up owing me a refund?
- Should I take a $10k/yr raise now, or stay in my current position until I'm making the same amount?
- Refinancing a loan.
- Pay off current mortgage, invest or hold for larger down payment on next place?
- Steps for a College Student to get on Their Feet?
- Should I take a loan on my 401k in 5-10 years to pay down/off my student loans?
- Realized Crypto Losses and Taxes
- Are Vanguard's financial advisors worth the money?
- Just got my first part time job making $13 per hour. I'll be making about $600-$1,000 per month for a year before heading off to medical school. How should I be using this money?
- Investing $45k in taxable account - one time transfer or smaller monthly transfers?
| Posted: 04 Dec 2019 07:08 AM PST Basically title. I'm annoyed I was switched to a card with a fee, for no reason. I don't see a difference in the cards (can someone point this out to me?) Edit: culprit was found. Thanks for the help. I added an AU (authorized user) and though they never carried a balance, they maxed the card every other month due to spending cycles not syncing. I'll decide this week whether to cancel. [link] [comments]  |
| Apartment asking for bank login name and password to pay rent. Posted: 04 Dec 2019 11:15 AM PST Apartment complex is using a new payment platform and is asking for my bank login credentials. Not account numbers or SS# but my actual login name and password. Is this normal or even legal? I've never had to provide that personal info before in the many apartments I've lived in. [link] [comments]  |
| Budgeting tip - keep track of your gift spending and budget it during the year Posted: 04 Dec 2019 01:54 PM PST Now that we're in the gift-giving season, keep track of who you are buying gifts for and how much you're spending to get a total of how much you spend on gifts. Then divide that by 12 (or by paycheck depending on how you budget) and put that money aside next year. Makes the season a lot more doable if you already have the money! (Works for birthdays too, if you can figure that out) [link] [comments]  |
| Posted: 04 Dec 2019 03:56 PM PST I live in North Carolina and have recently inherited a house with a mortgage that I do not want, what are my options? [link] [comments]  |
| Posted: 04 Dec 2019 08:09 AM PST So after reading the prime directive, I have a lot of options. I'm 26, no debts, I have a lot of money sitting in the bank, and I expect to have more coming. After taking a look at Ameritrade's accounts, it lets you choose whether you want your money to be managed or if you want to invest it in bonds, stocks, commodities, etc yourself. Now I'm not really one to trust people, eventually I want to learn how to manage my investments, but that's an ongoing process. Should I let them manage it? Can I trust these people? [link] [comments]  |
| 31. Single. No retirement. No house. $20k saved up. Need advice. Posted: 04 Dec 2019 02:45 PM PST I'll try and keep it simple without leaving anything important out. I am basically just looking for a nudge in the right direction. Appreciate your help. Age: 31 So there's the snapshot. I'll go into a bit more detail for those who want to read. I just went through Dave Ramsey's FPU and have just become very interested in working toward becoming afluent. Yes I know this isn't gonna happen quickly. After reading the millionaire next door, I've become even more interested and as someone in my situation, I feel I've got a decent chance if I make a consistent effort toward it.I'll answer some questions in advance I'm sure will be asked. Why no retirement? Honestly, I have no good excuse. Just never thought about it. Current employer is actually changing their 401k and I plan on enrolling up to what they match (I think 3%) asap. What do you do/What are you going to do? I am a delivery driver for a construction company but am joining an electrical apprenticeship to have a much higher pay ceiling. Are you going to get married?- Well, I'd like to but so far I'm not having much luck. I'm guessing I should either save for a house down payment or open a roth ira just by what I've researched but appreciate your all's help! [link] [comments]  |
| Posted: 04 Dec 2019 04:51 PM PST Hi, I just received a deposit of a few thousand in my checking account from USAA insurance in regards to an accident I was in due to their at-fault driver. The accident was two months ago but since then, I've been negotiating with the adjuster on the value of my vehicle. A while ago, I had sent a counter-offer to their second counter-offer (the amount currently deposited in my account) because I felt as if my property was being under-valued, but I didn't hear from them since. That is until today where I saw that they had deposited an non agreed amount without any confirmation from me. How can I return this money without seeming like I accepted this settlement? They still need my Power of Attorney paperwork to proceed with handling the totaled vehicle, and I haven't signed any release of claim yet. I want to fight for a more fair settlement figure but they haven't yet responded to my counter-offer. Is this just another trick insurance companies do to get you to accept a lower settlement amount? [link] [comments]  |
| Profit interest grant... are there any risks? Posted: 04 Dec 2019 07:14 PM PST My company is offering a profit interest grant to certain employees. I don't know anything about finance and the jargon is way over my head. They are valuing the company at $65,000,000 and are offering us P units, 100 this year, 100 next year, and so on, maxing out at 500. Are there any real risks to employees who participate? Will the way I pay taxes change? Will my benefits be affected? Can someone explain like I'm 5, please? [link] [comments]  |
| I'm looking for a safe credit card. Fico score 752 Posted: 04 Dec 2019 05:40 PM PST Hello, I am 26 and I have never had a credit card before. At my current job I am accruing around $180 of parking expenses every 15 days. I have been paying it with a debit card and then my company pays me back on the 15th and 30th of every month. I thought I would get a credit card so the money doesn't come out of my bank account so fast. I checked my credit report on the Discover website and it says I have a Fico score of 752. I have read that it can be difficult to get a first credit card. What would be some safe options to get in 2019? [link] [comments]  |
| Recieved a letter from CRA saying I owe over 12k for overpayment of EI benefits. Posted: 04 Dec 2019 06:16 AM PST I just recieved a letter from the CRA saying that I owe them money and if I dont pay in 15 days they are going to garnish my wages. This is the first correspondence I have recieved from them, besides a call I got a couple weeks back which I ignored because I recieved threatening calls from the "CRA" over in india several times a week. I've moved 3 times in the past 6 years since I've been on ei, they have my 2 previous addresses on file and I never recieved anything from those addresses. So I get this letter and I called them, they dont have many details for me other than they think I quit my job rather than being terminated. They also claim that the minimal hours I worked on ei were incorrect to the amount I claimed to them. That part might be true, I honestly cannot remember the claiming process, other than I do remember claiming my income. So I worked one job, got fired and my ROE states the reason for my dismissal is "n/a" I found 2 partime jobs after that and earned money with them while on ei and I claimed the money I was earning. I cannot remember the outcome of why i was dismissed from those two jobs, other than it didnt work out. One job i wasnt hitting numbers in, the other job i believe i slept through my shift twice and they told me to not come back. So i continued to recieve ei benefits and they are basically saying I was not entitled to those benefits because I "quit" those part time I have 12k in student loans, 7k on a credit card in collections, and now another 12k that I apparently owe to unemployment now. Bottom line, I'm stressing on just making minimal payments on the student loans and couldn't fathom how I could possibly set more money aside to those new debts. I had a few things in collections and thought about claming bankruptcy, but it was under 20k so it didnt seem worth it. This year I started paying a lot of those debts and now all I owe is the credit card. So now my debt is over 30k and I'm feeling like my only option is a consumer proposal or filing for bankruptcy, but the bulk of this money is owed to the government so I'm not sure if that would even help me. I've called Farber and requested a meeting for a consultation. Other than that I have no idea what I'm supposed to do and I'm feeling like I am financially ruined here. Can anyone please give me some advice on what to do? [link] [comments]  |
| Best Credit Card for general cashback? Posted: 04 Dec 2019 12:21 PM PST Spend 2.7k - 4k per month. Credit in the 760s, but only ~5/6 years of credit. Only have one card with a local CU so I'm definitely missing out on perks. Any recomendations? Majority of expenses are restaurants/bars/food, rent (not paid with CC), then probably travel and entertainment. Also recommendations for good savings/checking accts (or wherever would be best to store money) would be appreciated too. [link] [comments]  |
| Leaving Job - What to do with Pension, Pay Student Loans? Posted: 04 Dec 2019 09:15 AM PST Hi, I'm looking to switch jobs soon - but have about $9.3K in a pension with my employer additionally I have $21K in my 401K. I did some research and learned that if I decide to take the money (9.3K) I will be taxed 20% federally and then another 10% because I am receiving the money before 59 1/2. If I do take the money I am assuming I would receive somewhere between $6.2K - 6.4K which I am planning on paying towards my student loans. I currently owe $13.5K so so this could decrease my loans in half and then I feel I can finish off paying off all my debt by July 2020. Is this a good use of my money, I know I will be loosing out on some money but it wasn't my money that I saved and it will pay off a huge amount of my debt. [link] [comments]  |
| Misled by the dentist's office regarding if they are in-network for my insurance. Posted: 04 Dec 2019 12:38 PM PST Hey, This is my first post here, so please bear with me. I also not sure if this is the right place for my issue. Anyway, here is my problem. Roughly a year ago, I switched to another dentist and another dental insurance company. Before the switch, I asked them if they are in-network for my plan (BlueCross PPO), their answer was a definite yes. So I did the move. Right away I noticed that my dental bills grew, but I didn't pay much attention to that and just was paying them. The tipping point was when they charged me for cleaning. I know for sure that it must be fully covered by my plan. So I started digging. Long story short. The dentistry I go to is in-network for BlueCross plan but is out-network for BlueCross PPO. Their office was not aware of that fact even today when I was on a call with them. So, what do I do in this situation? The overcharges are significant and I would like to get them back somehow, but not sure what are my options. Thanks in advance! [link] [comments]  |
| Posted: 04 Dec 2019 05:49 PM PST |
| Health plan coverage will put me in debt? Does anybody know what I need to do. I sure don’t anymore. Posted: 04 Dec 2019 05:30 PM PST We're a single family income with three kids. We've been on Medicaid for since I can remember. With my new job I'm making 39k annual. Which puts just there to receive Medicaid for me, wife, and my kids. However we've made a lot of bad choices in life. We have a mortgage, student loan and debts to pay off. I've been working a lot of overtime and my income will put me at about 50k which goes over the Medicaid limit. I'm just breaking even every month with all our bills, mortgage, debts to pay off. Buying a health plan will cost me around 6k or more a year. I need to work that overtime to keep us above water and pay off our debts but if I don't and take the Medicaid. I'm not going to hit our monthly budget. Does anybody have financial advise on what I should do? We're very minimum. We budget and watch what we spend for the kids and groceries. I'm not sure how much more we can cut back unless we sell our house. I'm so frustrated, confused, exhausted, scared my family won't have coverage and get a the care they need when it comes. [link] [comments]  |
| Is it conceivable that the IRS asks me to submit an amended return and end up owing me a refund? Posted: 04 Dec 2019 07:42 PM PST They got in touch about additional income that I forgot about and that income came with expenses which I added. My gross income increased but when I include the expenses it ended up being (another) refund? [link] [comments]  |
| Should I take a $10k/yr raise now, or stay in my current position until I'm making the same amount? Posted: 04 Dec 2019 10:48 AM PST Hello! First post here, hoping I can get some insight on my current situation. My position makes $34k/yr at $16.46/hr. My work is very minimal, I am only needed when something goes wrong or if there are questions for me. I've gone entire days without a call or email. I have my own office and a computer with unlimited access. I'm currently working towards an associates degree in a field relating to my job, and I plan on pursuing a bachelor's and maybe a master's later on. At this job, I receive a 30¢ raise for every 6 credits of school I complete. I have a year left for my associates and then I plan on completing my bachelor's degree through an online program that can be completed at your own pace. Two of my coworkers have completed this program within 6 months. Recently, a higher position opened up that has a starting pay of $44k/yr, but the knowledge required for this position is significantly higher. It would be relatively easy for me to learn and very nice to have more robust work experience in the future, but it would cut down on my freedom a lot. I'm 21 and my monthly bills add up to about $500, so this is not a case of whether or not I NEED the extra money, more of a lifestyle decision. Any help is appreciated, please let me know if you'd like any other information. Thank you! [link] [comments]  |
| Posted: 04 Dec 2019 07:23 PM PST Refinancing a personal loan. Ok so I borrowed a personal loan for 3,000 dollars, one of my roommates left without paying rent so in order to not get evicted I had to pay his portion of the rent by taking out a personal loan, (already took it to court but won't receive my check anytime soon) I have about a year to pay it all but if I don't pay it within one year I'm going to end up paying high interest and I'll probably be broke for the rest of my life, I have fair credit but not excellent so I don't qualify to get a higher amount to pay my current loan with my bank or other loan sites. I'm trying to refinance my loan by getting a higher amount to pay current loan & have more time to pay new loan. Does anybody have any recommendations or suggestions on what to do? Anything helps. Thanks (: [link] [comments]  |
| Pay off current mortgage, invest or hold for larger down payment on next place? Posted: 04 Dec 2019 05:09 PM PST Hello. My wife and I are looking to move to a new place once the right one comes along. We have enough cash on hand for the next down payment and pay off the $90k still owed on this one, but I'm afraid to move it out of cash. Current mortgage has a rate of 2.625%. We could find a place in the spring or two years from now. I hate payments, so despite the low interest, I want to pay off our current home. However, do we bridge loan the equity on this place when we buy a new one, or do we re-amoritize after the next purchase when this place sells? Or do I just keep the cash on hand? [link] [comments]  |
| Steps for a College Student to get on Their Feet? Posted: 04 Dec 2019 07:06 PM PST Hello! I am a 20-year-old community college student looking to transfer next fall. I was never taught in school or by my parents about finances and picked up a bad relationship with money from my mother. Due to unforeseen circumstances, my family went from comfortable to living paycheck to paycheck. I was wondering if there is any advice or resources like articles or reading material to help me become more self-sufficient and get on my own feet. Heres some information;
I'm trying to eventually get a car, move out with a roommate, and transfer to a university. How long will this take? Its a bit hard for me to find a job due to my schedule, no small-town company wants to hire a college student with no car and only three days to work, I've tried to fill out and call around, no one answers so I'm stuck with work-study. Sorry if this seems scattered, irresponsible, or sheltered (that's why I'm looking for help) [link] [comments]  |
| Should I take a loan on my 401k in 5-10 years to pay down/off my student loans? Posted: 04 Dec 2019 06:52 PM PST I have been thinking about this quite a bit lately and trying to calculate it all out but I end up down 10 different paths with 10 different answers so I thought I would get some outside opinions as well. I am currently 27, working at a global company with a yearly salary of $73,300. Company offers 401k and matches the first 5% of salary at 100%. I also get a pension after a 5 year vestment. (Pension at retirement is average of 3 most previous salaries, averaged) If I take a 401k loan then I have up to 5 years to pay it back at 4% interest and that interest is paid into the 401k as well. I currently have in total, 90k in student loan debt through 2 different services; Navient (govt loans) and Wells Fargo. The Navient loans average out to 3.97% interest. Some loans are higher while others are a bit lower. Wells Fargo is one lump sum loan at 4.99% over 15 years. My thought on this lately has been, why not take a loan from my 401k in 5-10 years and pay off a decent sized chunk (if not all) of my student loans? If I wait 10 years and can pay them all off, I would be out from under them 5 years sooner and could take the $700 I pay now towards loans and dump that towards 401k. Additionally, I should (hopefully) be making a fair amount more by then which would also increase my 401k contributions. The other option of course is wait only 5 years and then pay off a decent sized chunk of my loans. Should I or should I not do this? I know that by taking the loan I am losing the compound rate on my 401k but on the flip side, I could nix some hefty student loans. Thanks for the advice in advance! (Also, sorry for yet another one of "these" posts) [link] [comments]  |
| Realized Crypto Losses and Taxes Posted: 04 Dec 2019 08:16 AM PST Hi, I realized some sizable crypto losses this year (~6k) and I was wondering how I account for this on my taxes? [link] [comments]  |
| Are Vanguard's financial advisors worth the money? Posted: 04 Dec 2019 02:56 PM PST I currently have a 401K and a Roth IRA through Vanguard. I was hoping to save up for a house in roughly 4-6 years and would like to invest my liquid cash (sitting in a high-yield savings account) into something else to potentially grow. Has anyone tried their services and are they worth the money? [link] [comments]  |
| Posted: 04 Dec 2019 06:11 PM PST I got a scribing job that pays $13/hr for the first 3 months and then $15/hr. What I gain the most from this job is work experience. At the moment, I'm grateful to be in a position where I still have support from my family, so all my living expenses are covered. While working I'll also be studying for my MCAT exam and applying to schools. What would be a wise thing to do with money? I don't have any vices really aside of gaming. I don't go out or do anything ;-; I was thinking of just saving all of it for when I start medical school :/ [link] [comments]  |
| Investing $45k in taxable account - one time transfer or smaller monthly transfers? Posted: 04 Dec 2019 03:51 PM PST Sold some company stock and have $45k in cash from the proceeds that I'd like to put into my personal investment account with Wealthfront. I think I recall some comments suggesting depositing smaller amounts over time rather than one large deposit (something about dollar cost indexing? idk...), but I can't recall exactly. My questions are:
$45k doesn't seem large enough to worry about details like this and delaying investing it sounds to me like missing out on growth, but I wanted to check with the community because I've only been putting smaller monthly amounts into this account until now (potentially). FWIW this account of mine is roughly 35% US Stocks, 25% Foreign Stocks, 19% Emerging Markets, 10% Dividend Growth Stocks, 6% Municipal Bonds, and 5% Natural Resources. Thanks in advance! [link] [comments]  |
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