Personal Finance Dad passed away recently, how to find out how he's been paying our bills? I'm still living in his house. |
- Dad passed away recently, how to find out how he's been paying our bills? I'm still living in his house.
- Equifax data breach settlement? Whatever happened to those that agreed to receive credit monitoring instead of the payment?
- Just got an email that Chase Sapphire is doing 5x points at grocery stores through the end of June
- Options for getting out of a car loan. Please help.
- I was sent to collections over a hospital bill when the hospital has a credit of almost 250 which would have paid the bill in full.
- I'm unemployed and $30k deep in credit card debt (that is now in collections) -- Please help me get my life back together.
- Scammer asked me to buy $600 in gift cards, but I realized what was up before I sent them. Now I'm stuck with $600 in gift cards
- High yield interest accounts?
- Fraud charge came back because "you received benefit from transaction"
- Bank account hacked, do I file a police report?
- Pet Insurance for cats
- I am an airline pilot. How should I plan for potentially being furloughed in the near(ish) future?
- My experience using (and deleting) Mint
- Is now a good time to buy a car?
- "Hi we want you to read this book and meet our business mentors", always a scam right?
- Annualcreditreport.com now weekly
- 401k offers no match, halt contributions and open a Roth IRA instead?
- I was late but filed my 2017 taxes with an accountant and want to set up a payment plan but there's no way to reach the IRS.
- I’m 28 & never had a credit card
- Hospital sent me a bill without filing a claim with insurance?
- Doctors visit is resulting in over $4,000 of unexpected expenses
- Putting unemployment money into retirement account?
- Small recurring payments on credit cards to keep them open - wondering about how interest works there
- As a 19 year old with a small income in Canada, where can I store my money (type of savings account, investment) long term so that it accrues interest over time?
- Getting out of an annuity
| Posted: 06 May 2020 12:26 PM PDT My dad passed away a couple weeks ago from cancer. My mom is still here and we are trying to figure out how he's been paying bills. For example, we're not sure how he was paying for gas and electric. Do we just call the companies and ask them what account he's been paying from? Mostly everything is on auto-pay (either monthly or quarterly), but he had a crazy amount of bank accounts so it's difficult to figure out where he was paying from for a lot of our services. Also he had a ton of CC debt (I read we are not responsible for that). They closed all his accounts and my mom never did finances before so she doesn't have a CC or bank to pay any bills on her own for now. She keeps crying talking about how we could lose our house, etc. but I told her don't worry. I have about 6 figures available personally and said I'd help if needed but she thinks I shouldn't have to and doesn't want me to, but I obviously will if worst comes to worst. He was also a hoarder, so his office is filled with hundreds of folders with papers dating back to the early 2000's, very overwhelming to go through. Appreciate any advice. I already read the death of a loved one wiki on the sub, but need help with figuring out how to pay bills and figure out where he's paying from for everything. We got 10 death certificates if they're needed. Already sent a few to some bank accounts. [link] [comments]  |
| Posted: 06 May 2020 03:56 PM PDT I originally put my info in as part of the settlement and received an email in October asking if I'd like to opt for credit monitoring. I've heard nothing since taking the option. Anyone else? [link] [comments]  |
| Just got an email that Chase Sapphire is doing 5x points at grocery stores through the end of June Posted: 06 May 2020 01:56 PM PDT Just got an email that Chase Sapphire is doing 5x points at grocery stores through the end of June and looks like it's backdated for May 1st. I know it's an expensive card to begin with with, but these things certainly don't hurt when it comes to renewal fee. [link] [comments]  |
| Options for getting out of a car loan. Please help. Posted: 06 May 2020 09:26 AM PDT My wife financed a car in 2014 before we were together. The purchase price was ~$12600. She missed payments before we got together. In 2016, we got together and she has made on time payments of $350 for 4 years. The interest rate is 24%. And she still owes $9261 on the loan. I cannot get approved for a personal loan to pay it off, because my credit score is around 620. I also cannot refinance it because it is too old of a car. This is really dragging us down. Is there anything we can do? She has paid over $12000 on this car already and it's probably worth around $4000. Her credit score is about 500 by the way. We are in terrible shape. Update: I've spoke with Santander the loan company. We have paid 19000 on the loan. 16000 has been in interest because of some assistance program she used early in the loan. The assistance requires 2 months of interest and it continues to accrue at 24%. So apparently, little to nothing has gone to principal because the company prioritizes that interest first. Everything is much worse than I thought. [link] [comments]  |
| Posted: 05 May 2020 10:44 PM PDT EDIT 2: Hey everyone! I want to thank you all so much for your responses and advice! I just got off the phone with two different supervisors from the hospital billing department and they show I owe a zero balance, my original credit cleared and wiped out the payment. It took over a month to do so and they had no idea why, the best reason I could get was because everyone is working from home because of Covid. It was sent to collections at 4am for 15 minutes before part of the debt was rescinded by the hospital. Even though it was such a short time the collections agency auto printed a bill. The collections agency is still saying I owe like 20 bucks but I got both agents to send out an email to them saying I owe a zero balance and then I am getting an itemized receipt in the mail showing my bill has been closed out. That way if I get a call from collections, I can tell them to shove it because I have proof. You are all so wonderful and I cannot thank you enough. Thank you so much /r/personalfinance Hey everyone So back in November i suffered some heart issues and went to the hospital. That bill was paid in full but then I had to go to a cardiologist. I had to have some procedures done. I paid up front for my Echo and because of that and because of another billing error, there was a credit for 232.50 on my account. I have called billing 4 times and spoken to 4 associates who have told me every time that the credit was applied to my account and I owe nothing. I knew something was up and the last time I called I asked the representative who I talked to me to email me a confirmation email with her information and the confirmation number of the credit being transferred. I never received it, Jump to less than a week later while I am in the mist of stress because of finals and I just got a letter saying I was sent to collections. To say that my mind is completely blown is an understatement. The hospital and cardiologist both operate under the same hospital company and the same billing agency. Does anyone have any advice for me when I call the billing department tomorrow and then I have to talk to the collections agent? I am asking for the name of every single person I speak to and I am going to reconfirm that there is the credit on my account. that way i will know that the original billing agents I talked to did nothing. I have an email confirmation that shows I paid the exact amount that was due and then the credit would have covered the rest. Once I see that I have the credit still on my account (This has to be the case) I am going to ask to talk to a supervisor to see what the heck is happening. if the hospital owes me money, is there anyway I can get that back? I am 23 years old and getting sent to collections is making me sick. I just got the letter today and I am still within the 30 day period to dispute. Will this go on my credit record forever showing I was sent to collections and will this affect when i eventually get a house or a car? I am so stressed right now with school and this that I could pull my hair out. TLDR: hospital has a credit on my account that would have wiped out my medical bill. Talked to 3 reps telling me that the credit was applied over the period of a month. continued to get notices saying I owed the same amount. Talked to another rep and they said It was 100% taken care of. I got a notice today saying I was sent to collections and i don't have any idea what to do. EDIT: I am going to preemptively edit this now just to say I am young and naive. I thought that when a rep told me my bill was wiped out, it actually was. I should have got on record the names of every associate i talked to and asked for an email and letter showing the credit on my account. This is one hell of a lesson learned. [link] [comments]  |
| Posted: 06 May 2020 07:33 PM PDT Basically, I'm $30,000 in debt. I'm 30 years old and I've always been financially responsible; I paid off all my student loans ($20kish) in less than two years after I graduated college. Sadly, life comes at you fast, and I now find myself $30k deep in credit card deep and unemployed. I've been unemployed since January, in fact, and I stopped paying most credit cards in December, so they're all currently in various collection agencies. Thankfully, the new CARES act has really helped me get my head above water; since I've been unemployed, I moved back with my parents, and thanks to COVID, my expenses are basically null since I don't go out. This means that I'm saving about $4000/month clean, straight into my checking account. I currently have $8,000 saved up. And I expect to stay with my parents until August, minimizing my costs to basically nothing and saving up all my money, so I expect to have about $20k when I move back out of my parents house and begin to get back up and running. I haven't been taking the calls from collectors simply because I'm unemployed and trying to save; there is nothing I can offer them. However, I do plan to pay back my debts aggressively. I called one collection agency, and they gave me two options: 1) pay back my debt with one lump payment "settlement" for which their criteria was basically "how much can you pay?" or 2) pay back my outstanding balance with monthly payments within 24 months. However, I've read through the internet (and this subreddit, there is a trove of info here!) enough to know that the terms I get offered are pretty arbitrary and subject to change since they pay pennies on the dollar for this debt originally. Please keep in mind that I can't pay off all of this debt at once, since I also need some of these funds to help with moving out, settling in, and buying a car (which will, granted, probably be an old POS paid for in cash. but still!) I would strongly appreciate it if anyone gave me tips on how I could best negotiate debt repayment with the collections agencies where I can save the most money/what would be most beneficial to me under these circumstances. Basically my situation is this: -I owe about $30k in credit card debt, spread out across six credit cards (some as low as $500, some owe as high as $12,000) -I currently have $8,000 in cash, and am "earning" $4000/month in unemployment for the next three months -I moved in with my parents, cook with them, and am mostly confined to my house due to COVID. I'm already saving $4000/mo AFTER taxes and monthly expenses (which is basically my phone bill, spotify, and the occasional fast food burger here and there). Yes, my life sucks right now, but saving all of this money is my only priority right now. -I can't pay off my debts all at once, as I need a couple thousand to help with moving costs once I decide to move out + buy a car (budgeting to pay less than $3k for it; once I pay down my debts I'll get something more reliable) What is the best way for me to administer my funds AND negotiate with collections agencies to help me get out of this hole? I'm making serious progress in terms of saving (at great cost! I love my parents but moving back in with them at 30 is not something I expected) and want to make absolutely sure that with all the sacrifices I'm making that I kill off my debt by negotiating the most favorable terms for me. Thanks so much for ANY help!! I'm in rock bottom right now but very excited to establish a roadmap that helps me get out of it!! [link] [comments]  |
| Posted: 06 May 2020 03:18 PM PDT Please, do you guys have any advice on how to get money back for eBay gift cards? I have 3 cards, worth $200 each. I called my bank, the store I bought them from, and eBay, but none of them can do anything. Basically, the scammer sent me a fraudulent email pretending to be my boss. I should have checked the address, but it came up as my boss' name. They said they're too busy to call but that I need to go out and buy $600 in eBay gift cards. That might sound strange, but we're in the middle of preparing for an (online) conference and are getting all sorts of weird, expensive gift baskets ready, so I figured this was just another thing. My boss had also said in the morning that she would be in a conference call for most of the day, so I took the message in stride. It also doesn't help that I was just hired in this company, and I really appreciated having a job given the situation, so when my boss' boss emailed me asking to get a gift card, I did it. Now I feel ashamed. More than that, I have $600 worth of damn eBay cards and I don't know what to do with them. I heard that selling them on eBay and Raise.com can backfire. And then none of the sites (cardswap, giftcardgranny) seem to take eBay cards. What success have other people had? Thank you. [link] [comments]  |
| Posted: 06 May 2020 04:50 PM PDT For a bit of context, I know next to nothing about banking or investing. Please forgive anything I say that may seem ignorant. I'm 20 years old and in the Army. I currently bank with USAA, however they don't seem to have what (I think) I'm looking for in regards to long term savings. What steps do I take to open a high yield savings account? My goal is to accrue enough money to say, purchase land or build a house in 20 or so years. From what I understand, retirement accounts like IRAs can't be opened in period as short as ≈20 years. (I'm currently putting into TSP for retirement). I suppose in just looking for advice on where I begin saving, and things I should try to steer clear of. Thanks for any advice; I know this might seem like a simple question, but I'm not well versed in this kind of stuff. [link] [comments]  |
| Fraud charge came back because "you received benefit from transaction" Posted: 06 May 2020 12:36 PM PDT My Chase Sapphire credit card was stolen last month while I was traveling and got charged $2700. I reported fraud and cancelled the card and the amount was gone from my statement. Yesterday I received a mail that says the fraud charge will reappear on my account because "You received benefit from this transaction". I went online and saw Chase has rebilled the fraud charge. This is very frustrating. I did not spend the money. What should I do here? Reach out to chase fraud department again? File a CFPB complain? Thanks for your help! EDIT: I just got off the phone with Chase shortly after the post. They fraud team said they will have to reconsider my case. But the reason they put the charge back is because I used the card 5 days before the fraud charge in the same country. This doesn't make sense. I used the card in Madrid and I reported the fraud charge in Barcelona. It was also 5 days before not the same day. The fraud team said they will reconsider my case and will provide a final decision soon. I'm really stressed out about this, I don't know what else I can do better [link] [comments]  |
| Bank account hacked, do I file a police report? Posted: 06 May 2020 08:10 AM PDT My wife and I have two checking accounts, a main savings account, and two savings accounts for out young children. Someone took all the money from all the accounts and put it in my wife's checking then bought bit coins with it. Our bank is impossible to reach right now but we managed to freeze the accounts. Can't get fraud department on the phone but still trying. Do I need to file a police report? [link] [comments]  |
| Posted: 06 May 2020 07:38 PM PDT Hello everyone, i just need a little help for selecting a cat policy. I kind of aimed for emergencies and two insurances. Petplan and Healthypawns. Healthypawns has unlimited coverage but no dental really like for a broken tooth, except if it accident related. One of my cat had already a jaw procedure done that was 5000 Dollars. So i wonder if there are procedures that are more costly or if 5000 will be enough. This insurance should mostly cover those very expensive things. All are outdoor cats. Would anyone have a suggestion? I tried to read their exclusion but Petplan only gives summary. Thank you [link] [comments]  |
| I am an airline pilot. How should I plan for potentially being furloughed in the near(ish) future? Posted: 06 May 2020 05:30 AM PDT I created this account to see if I could get some valuable advice. I am an airline pilot in the US and it is blatantly obvious that no one is flying and no one will be flying much for the foreseeable future (and I don't blame you guys). You can read all about it, but the CARES money pretty much requires the airlines to pay their employees and not lay anyone off....until September 30th (and pay that money back at a very low interest rate). I am very early in my career and in terms of seniority, I am in the bottom 1,100 of pilots. If things don't make a drastic turnaround by the end of summer, I could potentially be facing a furlough. Here's my deal... I paid off nearly 35k of my student loans this past year (2019) and since then had been going hard at them until March hit and everything started getting scary. I have 10.3k of a Private student loan at 4.25% w/ a $789/mo payment. (Originally 52k) I have 38k in Fed Student loans averaging about 4% with a monthly payment of $390. The Fed Loans, as you all probably know, are in forbearance due to the CARES act. In early/mid March when this all started going crazy, I changed the direction of my income, and started putting a lot of it in savings, called the Private loan provider and put the loan in forbearance until July 7th, to give myself as much room to save as much as possible. Before all of this I was living on the edge, to be honest, with a measly $500 emergency fund...Mostly because I couldn't swallow not putting most of my income towards student loans. So here's my question... I have about 5k in savings now after a month and a half of saving vigorously. That Private Student Loan payment is brutally large, at almost $800/mo. I am wondering now if I should take most of my current savings and cut the Private loan nearly in half, and work my tail off to pay that private loan off ASAP, get rid of the $800 payment before the end of summer and then try to save as much as possible before that Sept 30th date when I could be looking at a furlough? I hadn't really considered this until this morning. I was feeling very comfortable and had a peace of mind with all that cash there to protect me during these weird times, but this new idea seems to make a little more sense, strategically. I want to know what you would do? Or how do you feel about my new plan? A little about my essential expenses and income:
(I might be missing something....) Thanks for your time and stay safe. I'll stick around to answer questions and respond to your messages. [link] [comments]  |
| My experience using (and deleting) Mint Posted: 06 May 2020 10:49 AM PDT Oh wow, okay. My experience with Mint has been... Rough. Scroll down for a list of things to do to stop using Mint without deleting your entire Intuit account, if you don't want to listen to me Let's start with the beginning. YNAB, some random spreadsheet, or Mint. Decided on the free one that shouldn't involve as much work and "getting it to work right". And I'd used Turbotax and Quickbooks in the past, so I figured I knew what I was getting in to. Turbotax was well written to guide you through setup and inputting information, and Quickbooks combined that with some good manual editing and updating functions. What was good: Auto update feature (when it worked, see below). What was bad: From the start, the interface was strange. I felt like it might be hard to find functions as there was no "main menu" to speak of, only a couple buttons here and there. I said "some budget is better than none" up above, but the problem is that, because of the interface, the bugs, the issues, I never really ended up using it beyond the first few months of struggle. I'd occasionally log back in, try to update something, have it bug out, and log out. Editing the buckets was a convoluted process, editing basically anything in it was awful. It was all the bad of a spreadsheet (IE, gotta know exactly what does what, no guidance at all) with the worst of an online tool (low functionality, no customization, everything must be done the one way that management and marketing decided and the programmers interpreted). Deleting Mint: It's not easy. Technically, I still have a "Mint" account because it seems, according to their FAQ, that to delete mint one must delete their entire Intuit account and history. I still use Turbotax, so I'm not going to delete Intuit entirely. And I know I still have the Quickbooks stuff from my time moonlighting with Lyft. What I did do was go through, account by account (after finding where the list of accounts was - hint, it's buried under the left side menu, not the "+accounts" button at the top), and delete them. Big huge warning messages over and over warning that it would delete the entire account history. You have to type "DELETE" every time to confirm. Then I went to manual bills and deleted those. Assets, deleted those. All the way down to "0% setup". Then to notifications and disabled all of them in Mint. Then the intuit account settings and disabled all emails there, because it's different. And finally logged out and deleted the app from my phone. Is that everything? I'm not sure, to be honest, but thus far it seems to have worked. [link] [comments]  |
| Is now a good time to buy a car? Posted: 06 May 2020 10:28 AM PDT My co-workers were talking about certain deals they've heard or that their friends have gotten. Is there a reason for that? I've been saving up to buy a car when mine dies, and I can probably get another year or two out of it no problem. But with how good these deals are, would it make sense to just get one now? [link] [comments]  |
| "Hi we want you to read this book and meet our business mentors", always a scam right? Posted: 06 May 2020 05:54 PM PDT So about the second time this has happened to me and I think they changed up the books on me. Multi-level marketing, affiliate marketing, and network marketing are common terms used. First time it happened was in-person where this guy seemed to run his own fashion company, gave me the Robert Kiyosaki Business of 21st century book, and then asked to see me in person. He had a LinkedIn, Instagram, and Facebook page. Now I read about it and he said 500 bucks will be needed as well, reddit research showed it is a common Amway scam. Then yesterday I got reached out to by a couple (Asian guy and white girl), both work for Fortune 50 companies and we have a Zoom call. Tell me to read Go Giver and then meet them Friday, then I am supposed to also speak with their "mentors". I asked them about what they would need from me, say if "get selected", they'll need what equal to about 300 bucks (one time fee to pay for a platform and recurring $100 a month to get content on how to run it). Unlike the last guy's theirs was an e-commerce. It seems like some scammers really prey on that need for people to learn entrepreneurship by using this model. The funny thing about this couple is they reached out to me via LinkedIn, both work for major companies that everyone has heard of, and the husband talked to me before bringing on his wife for the next call (wife was the first one to reach out). They said they run an e-commerce platform and need someone to do part-time selling for them on it, then they bring up this MLM stuff. I mean I want to make a side income and all but shit, it is all too easy to fall into scams around it. Any thoughts on this from you guys? [link] [comments]  |
| Annualcreditreport.com now weekly Posted: 06 May 2020 12:58 PM PDT Until next year, we'll be able to get a copy of our reports weekly at annualcreditreport.com. https://www.nerdwallet.com/article/finance/how-to-use-annualcreditreport-com [link] [comments]  |
| 401k offers no match, halt contributions and open a Roth IRA instead? Posted: 06 May 2020 05:04 PM PDT A few years ago I started contributing to my company's 401k without knowing hardly anything about investing. I'd picked a Target Date Fund and figured any investing was better than no investing, and when I had the time I'd sit down and learn more about investing... Well that time is now. I already knew my company offered no matching. And I've discovered that my 401k's gross expense ratio is 0.27% meanwhile Fidelity has a Target Date Fund for the same year at 0.12% (FDEWX). It's my understanding that, at this junction, expense ratios are the #1 thing I should be looking at--please correct me if I'm wrong on that, I'm still trying to figure all of this out. My 401k doesn't offer hardly any options either: 4 equity/stock options, 1 "bond/fixed income" option, 1 "stable value" option and then the target date funds. So I guess my question is, does it make financial sense to stop contributing to my 401k and to open the Roth IRA with Fidelity? Especially in this current market... I'm still employed (for now) so I can't rollover the 401k. So I'd be starting the Roth IRA from scratch and the money in my 401k would just stay sitting there, at least until I quit and rolled it over into the Roth IRA. [link] [comments]  |
| Posted: 06 May 2020 06:13 PM PDT My husband and I owe around $14,447.28 in taxes for 2017 and $833.66 for 2018 and I really want to pay this off as soon as possible, but I'm nervous about paying it in full during this time when we have around $25,000 in savings in case something happens during the pandemic. We went ahead and paid off 2018 and paid $1000 towards 2017 (maybe it will represent our willingness to pay?). I've tried so many avenues in contacting the IRS to set up a payment plan for 2017. But when I clicked on the Online Payment Agreement button, I keep getting a message to contact the IRS. I used an accountant to file in February, and I've been checking almost every week on my IRS account to set up a plan and get this message. I've tried calling every number, but the IRS seems to be effectively shut down. What's the worst case scenario? Will I be assessed for liens/penalities? Is it in our best interest to drain our savings to just pay off the balance? We filed 2019 as well and will owe ~$10k for not withholding enough, so I'm wondering what are the implications there. Will we get a notification to at least set up a payment plan for 2019? I'm not even seeing that option on my IRS account yet. I'm so worried, we tried to do the right thing and file with a professional but she is not helping very much and isn't providing any support to contact the IRS or tell us what will happen. I'd really appreciate any guidance here. [link] [comments]  |
| I’m 28 & never had a credit card Posted: 06 May 2020 07:20 PM PDT Where do I start? My credit score kind of sucks. It's 650. Student loans have ruined it. What card should i get? I take home around 2800 /mo so I feel confident that I'd be able to pay off whatever I buy. Any suggestions would be amazing. Thanks! [link] [comments]  |
| Hospital sent me a bill without filing a claim with insurance? Posted: 06 May 2020 01:11 PM PDT Hi everyone, sorry if this is a dumb question but I've been fortunate enough that this is my first ever experience with a hospital visit, and something seems wrong with the billing. My wife recently gave birth so we were at the hospital for 2 days. I provided them with my insurance information and so far only the anesthesiologist has submitted a claim through insurance (and when I login to my insurance provider I can see what the total bill the anesthesiologist charged, what the insurance is paying, and how much coinsurance I'm expected to pay). But yesterday I just got a bill in the mail from the hospital for general maternity ward work, lab, and pharmacy charges under my child's name. However, there is no claim filed when I login to my insurance provider. On top of that, the bill is for nearly $7,000 and the out of pocket max for my insurance plan is $2,000 for my child. At most I was expecting to pay $4,000 for the birth since the out of pocket max is 2k for each of my wife and baby (6k for the plan in total). The hospital is in network and everything so that shouldn't be an issue. How should I proceed? Any help is greatly appreciated! [link] [comments]  |
| Doctors visit is resulting in over $4,000 of unexpected expenses Posted: 06 May 2020 02:33 PM PDT I found an out of state clinic that I wanted to work with to diagnose some issues I was having (I live in NYC). I spoke with them about cost and they stated they had pre-negotiated rates with Quest Insurance and quoted a price including those labs (costing me approx $300) and their fees. We went forward with the work back in December and last week I got a bill from Quest for almost $1,000. I called the Doctors office where I went and they stated NY recently passed a low prohibiting out of state client billing that applies retroactively to my situation. Quest is not honoring their deals for that reason. They say that, by law, they cannot, and now I'm on the hook. My clinic is submitting my bill to my insurance company but, while I'm waiting for an answer I just got another bill from Quest for over $4,000! I have no idea why this 2nd bill is arriving separately from the 1st but if the two are distinct it means I may owe $5,000 dollars. I have no idea if I am responsible for this, if my insurance would cover it, and if this is even legal. Posting here to see if anyone else has run into something similar or has advice on what I can do. I'm about to call Quest but I am pretty sure they are not going to be very sympathetic and I am not looking forward to this discussion [link] [comments]  |
| Putting unemployment money into retirement account? Posted: 06 May 2020 10:29 AM PDT Age 30 USA. I am getting $700 in unemployment per week but was barely making anything at my gig job before that. I have no retirement fund currenlty. From my understanding, I can't put this unemployment money into a roth ira. Is there any retirement account I can put it in that would make sense for me? [link] [comments]  |
| Posted: 06 May 2020 11:39 AM PDT I've paid off one credit card and will pay off another very soon. I don't plan to use them regularly anymore, but I do want to keep them around. My plan is to put a small recurring charge on each one (e.g. one will be my "Netflix card") and pay it off every month. I use Simple Bank for my debit card and we have "Expenses" which allows me to sock away the exact amount I need for each bill in increments with every paycheck. I'm just wondering how this might work with interest on my credit card. Since I know the amount of the bill, I was hoping to just set an Expense for Netflix for the bill amount and pay it from my debit card to my credit card a day or two after the bill hits the account. But would I run into a small interest charge for those two days? Is it better to let the amount sit on my card for longer? How would I calculate the total amount I need to sock away for the bill if interest does come into play? Thanks in advance 😊 [link] [comments]  |
| Posted: 06 May 2020 09:09 AM PDT The title pretty much says it all. I just want to put my money somewhere and not touch it for a while so that it just slowly grows. [link] [comments]  |
| Posted: 06 May 2020 04:48 PM PDT Hello, My parents have an annuity at Jackson National, which is inside an IRA with their current financial advisor. For a variety of reasons, we don't really trust this advisor anymore. We don't want to have the annuity either. Jackson National has a withdrawal form to get out of the annuity. The question is, if we file this, and Jackson National sends us a check for the value of the IRA, how do we go invest that IRA elsewhere? What tax forms do we have to file so that it doesn't look like we took an early IRA withdrawal and get penalized? (This is the big thing we're worried about) Can we go then put that entire IRA into an account at say, Vanguard? Will Vanguard let us just open an IRA account and dump the 200k in there to invest in a mutual fund? Thanks! [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