Personal Finance Surprise! I just found out I inherited about $70k. Need to open up a new bank account or investment vehicle to deposit the check into. What is my best move here? |
- Surprise! I just found out I inherited about $70k. Need to open up a new bank account or investment vehicle to deposit the check into. What is my best move here?
- Saving for a new home: Is it better to overpay the mortgage or put more aside in savings?
- Gifting Money While In Debt to IRS and Terminally Ill
- 23 year old recent grad with immigrant parents that have made me their retirement plan
- Car dealer is strongly pushing me to finance instead of paying cash
- Does reduced inventory/increased demand cancel out low mortgage rate?
- Is it possible for me (30yrs old) to buy a house in my lifetime?
- Creating a financial calendar in Microsoft Excel with VBA code (code provided)
- Help! I'm $7,000 in debt. Can someone review this budget/give advise?
- Early 20's, desperately seeking financial independence from abusive mother.
- Am I making a mistake? 2020 Honda Accord Sport 1.5T CVT - $28,000 OTD with 1.9% APR 60 month loan.
- How do I buy a car off Craigslist?
- I'm in my mid twenties, should I focus on developing a skill or should I spend my energies on developing a business?
- How do I START becoming a real estate investor?
- Do you still grow your emergency funds?
- What are the steps to renting your first apartment?
- $25k in mutual funds, what next?
- Question about chase zelle
- Out of Network Medical Bill. Is there any recourse?
- Booked a Flight but wasn’t charged for it
- Why would ARMs be higher rates than 30yr fixed right now?
- Any downsides to claiming my girlfriend as a dependent on my taxes?
- Experience with consumers credit union?
| Posted: 27 Jun 2020 02:13 PM PDT EDIT: I should clarify that I did not inherit the money but rather my mother, I am simply in charge of making it last. Long story short, I am holding a check for about 70K and I can't deposit it in my existing account (which has a shit APY so I wouldn't anyway). My plan is to either hold it in the best savings account possible or put it in some investment vehicle. However, I can not put it in anything that has penalties for taking bits out of it. So I need liquidity which is why I'm thinking of opting for just a high yield savings account. But I also would like the money to grow but I also know it's not a great time to invest in any index funds or the like. Any advice is appreciated. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Saving for a new home: Is it better to overpay the mortgage or put more aside in savings? Posted: 27 Jun 2020 07:45 AM PDT Hey PF, My husband bought a house in 2015, and has been paying the mortgage like normal (no extra applied to the principal at all). We started a house-savings account because we would like to upgrade our housing situation in the next 5-7 years. Both of us contribute ~$1000 each to the savings account per month. Doing the math, this means we can reach out 20% down payment goal in about 3.5-4 years. My question is - would it be better for him to put the extra $1000 he contributes toward his mortgage or would it be smarter to just keep going with the savings account? I'm not sure if there is any positive or negative impact to either scenario which is why I'm looking for advice. Thanks for the help! [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gifting Money While In Debt to IRS and Terminally Ill Posted: 27 Jun 2020 11:54 AM PDT To get straight to the point, I owe a lot of money to the IRS, but I'm terminally ill (~1 year to live) I've sold my house recently, and am scared to file my taxes because I know I'll be hit with a huge capital gains tax, which would drain all the money I have and put me into further debt. I do have some money from the house (most was taken as the house had a reverse mortgage), and wanted to gift it to my brother and nephew. My main question is, because of my debts, would the IRS be able to seize/take the money from my brother and nephew after I gift it? I just know that this money would be a big help to my family, and figured since I'll be gone anyways, it would be better for the money to go to them, rather than the IRS. Thanks for your time. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 23 year old recent grad with immigrant parents that have made me their retirement plan Posted: 27 Jun 2020 04:35 PM PDT Hey everyone - I am looking for some advice on what to do with my money. I just graduated from university with a degree in aerospace engineering, but started work as a consultant for a consulting firm in Texas. My parents moved to the US when I was 2 and are small business owners that have to work almost every day. They never learned about retirement and have not made any plans to retire outside of me. I want to be able to position myself in a good place where i can have enough cash flow to both take care of my parents and my future family in the coming years. I currently earn $80,000 annually without any bonuses or OT included. I am maxing a roth IRA provided by my firm and also maxing 10% of each paycheck in a discount stock purchase plan. Outside of that I have a Marcus account from Goldman where I have my emergency fund($10,000) and started saving $200 a month for my parents. Outside of my current expenses, I have an additional $1000~ that I can either save or invest every month. I don't know too much about Real Estate or Investing so I am a bit hesitant to jump in without learning about either of those first. I would love to hear opinions on what you guys think I should do or any suggestions on how I can learn to position myself to better serve me and my parents going forward. I just want to be able to make their sacrifices worth it and am very quickly realizing that this is the stuff i wish they taught in HS/College. Any and all help would be appreciated. Thanks yall!! [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Car dealer is strongly pushing me to finance instead of paying cash Posted: 27 Jun 2020 08:04 AM PDT Not sure if this is the right sub for this but here goes. I've been trying to buy a new, semi-rare car the past few days. I've been calling dealers around the US whenever I find the car online. When we discuss the out the door price over the phone their tone changes when I mention cash. Yesterday I finally found the best deal I could've gotten for the day. The salesmen I was on the phone with told me he'd be back at the dealer in 15 minutes to start the paperwork process after he dropped a car he was delivering. When I mentioned I was paying cash, all of a sudden he changed the 15 minutes to 2 hours and said we'll be able to start "tomorrow morning" I didn't get a call this morning so I called the dealer myself and said "I know dealers don't like when people pay cash". The sales manager said the amount of cash I'd be paying is a "red flag" to my bank and their state and suggested a credit check to start the process for financing. I don't want to finance and don't want another inquiry on my credit report. Should I find a dealer that will take cash? Or just finance the car but immediately pay it off next week. Edit: thanks for the advice. I decided to finance and will be paying it off ASAP [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Does reduced inventory/increased demand cancel out low mortgage rate? Posted: 27 Jun 2020 02:56 PM PDT Since mortgage rates are at/near an all-time low these days I'm trying to decide if this is a good time for me to buy. However, there's also less inventory than there would be in non-pandemic times, so the scarcity seems to be driving up prices a little bit not to mention bidding wars that would ensue. I live in Seattle, which has become a very expensive city over the last 5-10 years, and home values have appreciated like mad so I'm wondering if this is a rare chance for me to get into the market. Do the increase prices cancel out the potential buying power of a lower mortgage rate? My situation: I'm 35, single with a dog. I currently make $95k and have about $50k in savings, credit score in the 790s. I've also been told I can take out the money I've put into a Roth IRA with no penalty, which would be another $15k (but I've read in other threads that if one has to take money out of retirement to buy a home then they cannot afford a home which certainly makes sense). I've been preapproved for a loan of $380k with the following options:
This would give me a monthly payment around $2000-$2200 a month (that includes taxes/HOA). I don't really want to live in the suburbs so in this price range it's pretty much only 1br condos, maybe a 2br if I get lucky. I'm currently paying $1650 in rent for a 1br apartment, so I'd essentially be paying an extra $500 for a similar living situation. Would the equity and appreciation be worth paying that difference? In theory I could apply it to renting a bigger/fancier apartment instead and still be able to save, but would I miss this buying window? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Is it possible for me (30yrs old) to buy a house in my lifetime? Posted: 27 Jun 2020 01:23 AM PDT Hey guys, this is a throwaway account. I would like some insight into how I can, or if I can, buy a house with my situation. Or what I can do to change. Here's some relevant bg info:
My dream is to buy/live in an apartment (since I'm in Asia) and provide for my parents and myself. I understand I have a really low salary and a lot of expenditure but I love my field and can't see myself working in a different one. I wish I could buy a house but I'm at that point where I'm getting more honest with myself and what will happen in my lifetime. Edit: wow guys I'm really grateful for all the comments and feedback you gave me. Can't express myself enough on this part. I just read through all of your replies and I will take your advice to heart. I won't be able to reply to all comments but will try to reply to most. Sorry my post was all over the place. I didnt want to reveal too much about myself and tbh didnt think it had any connection to my finances. but im glad people asked to give me spot on answers for my situation. I'm going to get some sleep now cause its 130am here :) thank you guys so much i feel a bit more optimistic about my life in general. Will work on fixing my lifestyle!! Even though it will take some time... Edit 2: hey guys, for anyone wondering, I woke up and had to take care of stuff so I couldn't get on reddit till now but I read through all the replies and even though I won't reply to them (i believe that would take too much time), I am actually writing down all of your comments in bullet format on paper to see where and what I can improve. Hopefully all this kindness can help me go from financially "morbidly obese" to "obese" within the next year, and eventually achieve my "body building" dream lol. God bless. Thanks again. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Creating a financial calendar in Microsoft Excel with VBA code (code provided) Posted: 27 Jun 2020 02:51 AM PDT Hi all, I've created a tool for financial planning, and I thought some people here might be interested in it. I found that lots of mutations are actually very predictable, but yet I never felt in control. Hence me creating this script. What it basically does is create a calendar in Excel, and inserts your planned income/expenditures for each day in this calendar. It also calculates a final balance at the end of each day, and your monthly total. This helps you predict your daily balance for the whole year. Every month is shown in a separate sheet, and every day is represented by a small table that shows the name of the mutation and the mutated amount. Why Excel/VBA?While there are existing tools that pretty much do the same, those are often paid and are limited in the operations you can perform with the data. My main reason to program this in Excel are: * Lots of tools to play around and visualize the data. You are in complete control as a user. * Excel is ubiquitous, so lots of people should be able to use it. Once you have generated the sheet you can probably also upload it to the free online version of Excel (I haven't tested this yet). * Excel updates all linked values real-time when you update a field, so you always have an up-to-date view. * Excel actually performed surprisingly well when generating the sheets, given my crappy code. Creating a reasonably complex overview takes roughly a minute. * Excel has funky features which automatically fills in the names of the months and days of the weeks in the language that you have configured it. HOW TO USE:
If necessary, the next steps help you to change modify the calendar generation.
There is probably a way to change the currency symbol, or have the week start on Sunday, or calculate the week of year in a different way, but you'll have to figure that out for yourself. This is my first VBA project, so please don't crucify me for the crappy/inefficient code :) You're free to reuse and distribute it, but if you do please credit me. I hope you guys find this useful! I don't really plan to offer any extensive support on this, but if you have questions or comments I can always look at them :) Example Income sheet
Example Expenditures sheet
Code[link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Help! I'm $7,000 in debt. Can someone review this budget/give advise? Posted: 27 Jun 2020 05:13 PM PDT Hey there. Here's some things you need to know. I'm 21 and I live with my parents rent free. The car I drive is owned by my parents. I bring home $1,100 a month post taxes and dental and vision insurance. So about $550 per paycheck x twice a month. I occasionally have another stream of income from dog sitting, but it's not reliable enough to count on and when I do get it, it's used for debt payment. This debt is almost 50% of my gross income and something needs to be done ASAP. I have had budgets before in the past but they didn't work, and once I broke them I couldn't be bothered to have another look at them to try and make it work. But seeing the success some of my high school classmates have made financially was a hard wake up call to try and do something. Listed below is a budget I have made today and I'm seeing some feedback on it. I'm very interested in using the Dave Ramsey Snowball method to pay off my debt, but I cannot find the cash to make more than my minimum payments, so I'm turning to you reddit to see if you can help. This is no excuse for the massive amount of debt I have myself in and I'm not looking for sympathy, I just want to explain myself. I have been diagnosed my by psychiatrist with type 2 bipolar disorder since I would have extended periods of hypomania where I physically/mentally couldn't control my spending (this led to the purchase of a Macbook pro, Airpods, a new Apple Watch and putting a new iPhone and iPad on installment plans with my wireless carrier, AT&T) only to crash a while later and the reality of my purchases would hit me. This has since gotten under control with the help of medications and therapy. Listed below is my budget for a months time:
* Chase is likely about to be paid off within the next few weeks, but I kept it in the budget anyways just in case. The balance is $570 and I have $250 set aside in my savings along with $350 coming up in dog sitting money, so once I am paid for that gig the money will be used to pay off the card in full. ** I am unsure of the monthly payment for the regions credit card. I recently opened up a new card with a 0% interest for a 15 month period and made a balance transfer of $900 from my chase card to this one with a 4% transfer fee ($36). The transfer is currently being processed so Regions has yet to post what the minimum payment will be so I took a shot in the dark on the payment amount. *** I currently have the Black card at Planet Fitness, but I will be downgrading in the next few days to the basic membership because I do not use it enough to justify paying that much. So this payment will go down to $10, but I left the old amount because that is what I have been paying for months now. Other notes:
If you got this far, thanks for reading! Any thoughts or insights you have are greatly appreciated. TIA! [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Early 20's, desperately seeking financial independence from abusive mother. Posted: 27 Jun 2020 06:52 PM PDT Hi there! I am new to Reddit, this subreddit was recommended to me from a friend. I have very minimal knowledge of financial literacy, and I'm just needing some guidance. A little bit about my situation: When I first turned 18 my mother took out two credit cards in my name and they are both maxed out. (Please don't suggest legal action against my mother, this just isn't an option for me). I am trying to become completely financially independent from my mother for obvious reasons, I pay the minimum payments on my cards each month, but I feel like I will never pay them off. I feel like I am living pay check to pay check and I'm not even paying all of my own bills yet. I just need some budgeting/debt consolidation advice. General information about my monthly finances: Rent: $415 Utilities: $100 Phone: $185 (I pay for my younger brother as well) Car: $449.52 (I owe $25,468.68) I was upside down on an old car that had a lot of negative equity and I purchased several warranties/maintenance packages on this new vehicle that I got for barely anything down. Credit card 1: ($927) Minimum payment is roughly $45 Credit card 2: ($2,002.11) Minimum payment is roughly $40-$70 (I just paid $300 today on this card, I was $2.11 over my limit) this is the card that I can't pay down to save my life. It has a high interest rate, which I can't find online. Store credit card 1: ($0) I just finished paying this one off it was a $200 limit Store credit card 2: ($369.81) Minimum payment is roughly $35 Store credit card 3: ($115) Unsure of this minimum payment because I opened it last week (I don't know why) Netflix: $18 Disney pass: $49 (I plan on cancelling this if its even possible) Apple Music & Apple storage: $8 Gas: $80 Apple watch: I pay $14 a month, my previous employer used to pay this for me but since I no longer work here that is what I pay monthly. I believe I owe $200 on that still but I was unable to check the exact amount since the site is under maintenance. Food: $300 (eating out and groceries) Medication: $100 I currently work at Starbucks making $9 an hour (without tips, with tips it averages to about $10). I can't afford to live off that so I am hoping to start a new job at $15 in a few weeks in child care. I have heard some people suggest to get a balance transfer card, is that something that's even worth it? I don't currently pay my health insurance or my car insurance but these are things I want to be able to pay on my own so my mother can't threaten to cancel them. I also want to go to a vocational school for $7,000 in total, and look into purchasing a home within the upcoming years, and neither of those look possible because I can't shake my debt. Thank you in advance. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Am I making a mistake? 2020 Honda Accord Sport 1.5T CVT - $28,000 OTD with 1.9% APR 60 month loan. Posted: 27 Jun 2020 07:27 PM PDT It's my first time making a new car purchase. My current take home pay is $4,000 a month and my monthly expenses are around $2000 a month. With this car, I will be adding $600 a month into my budget to take into account the car payment and the higher insurance. I am so nervous about making such a large purchase and the long term commitment. Honestly, I should just get a Honda Civic LX or Sport but I want to make this purchase worth it because I want to keep this car for 10+ years. God help me. I feel like I am about to jump off a high cliff into the river below. I plan to put a $5000 down payment. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| How do I buy a car off Craigslist? Posted: 27 Jun 2020 07:43 AM PDT Financial Background: located in the US. I have $6000 of disposable income set aside for buying a fun car that's in addition to my primary vehicle. I'm not looking for investment advice currently. Emergency fund and retirement and taxable investments are tip top. I'm looking to buy a dependable awd suv for use as a winter vehicle. Vehicle requirements: automatic transmission so I can easily add remote start, AWD, and heated seats. Ideally, I'd like to spend 3,000-4,000 on the SUV with the rest reserved for winter tires, remote start install, and maybe a color change. I've been browsing on Craigslist, but have never bought a used car before. How does the title transfer work? How do I know I'm not handing over cash in exchange fora fake title? When do I pay tax on the sale? What are the major pitfalls I should watch for when buying a used car? Have I low balled the budget?? Should I even be using Craigslist? If not, then what? Thanks for taking the time to read. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Jun 2020 12:38 PM PDT Little background: 26 years old with a bachelor's degree in a field that doesn't teach you any technical skill. I do have a genuine interest in new technologies, IT, trading/investing and I'm currently working at an IT help desk, not great not terrible. Since I consider myself to be in decent position as I have no debt,no kids , not owning any car and my only expenses being just rent and food I taught that now can be the perfect time to add value to my life. I always wanted to own a business but also I always taught that with a good payed job I would be able to have quite decent life managing my own expenses, saving, investing and so on. Both options require years of preparation and dedication(ideally before my thirties) hence my doubts: learning a skill to land in a good job or sacrifice time and money and develop a business with all the risks involved? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| How do I START becoming a real estate investor? Posted: 27 Jun 2020 06:34 PM PDT I'm 26 and I've got a ~100k ish salary and a decent amount saved up. I want to start investing in real estate. Doesn't have to be NOW but I want to set myself up for it. Where do I even start? A down payment is anywhere from $40k at lower COL areas to $100k+ at higher COL. How am I supposed to have more than 1-2 properties? And then if I start buying doesn't my entire life savings go away? I'm legit 0% knowledge about real estate. I'll try getting licensed if it would help. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Do you still grow your emergency funds? Posted: 27 Jun 2020 07:35 PM PDT I just achieved my 8-month emergency funds last month, just wondering if you keep growing them monthly. Since I achieved my ideal emergency fund, I'm planning to allocate my monthly budget to other investments such as mutual funds, ETFs, or other ventures of my entrepreneurial career. What do you think? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What are the steps to renting your first apartment? Posted: 27 Jun 2020 05:53 PM PDT 19 years old looking to rent my first apartment. I have a job, great credit with a high credit limit for my age, no debt except a car in my name plus I also have an emergency fund. What should I seek or do next? thanks. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $25k in mutual funds, what next? Posted: 27 Jun 2020 06:42 PM PDT Hi all. I'm looking for advice. I was lucky enough that my parents invested some money in mutual funds for me as a teenager which are now valued at $25k. I've basically let the money sit there without paying much attention to it until recently when I realized I was paying a good % to have their former financial advisor manage it. He is a tad untrustworthy IMO, which is why I'm here. I'd like to remove the money and put it elsewhere, but I don't know what that would be. I'm 28 and married with two kids under 3. I have no IRA. I don't want a major penalty for withdrawing the money (is that a thing?) but don't want 100% to go into anything totally illiquid. What would you do? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 27 Jun 2020 05:06 PM PDT I'm 13, and I have a chase account but it's connected with my parents. They can see what I do on it and stuff. So I was wondering if zelle in chase requires a ssn/ID? Also, can I use it at my age? I'm only 13. It lets me use zelle but I don't know if I'm allowed to though. Last but not least, are there are limits? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Out of Network Medical Bill. Is there any recourse? Posted: 27 Jun 2020 04:54 PM PDT It all started when I saw an In Network dermatologist to check on some suspicious moles. The doctor suggested that I get derm tech lab work done on one, so I asked if it would be covered. She suggested that I call my insurance to confirm, so I called over the weekend, and they said I would need to call back on a weekday so they could speak to the Dermatologist's office. So, I called back the following Monday and the representative put me on hold to speak to the office rep, then comes back on the line and says it would be covered. Thus, I naively believed what I was told and returned to the dermatologist to get the procedure done. A few weeks later I call my insurance company about a separate issue, and was then informed about the $1,500 bill from the out of network lab. I explained that I was told it would be covered, so they said they would go over the phone recording to determine who was in the wrong. A couple weeks later, the insurance company calls me and says they have denied my claim, but says the recording was cut off after she called the dermatologist, so they don't have any proof that I was given the OK. I then appealed the denial and that was also denied. I was in tears as they said there is nothing else they can do. I have not received a bill from the lab yet, so I don't know if they will be charging the full $1500, but is there anything else I can do about this situation? I just feel like I've been swindled after doing everything I could have done, and I feel like I need to make my own recordings of these conversations from now on. We are a single income family of 4, so this bill would really set us back. Please let me know if you have any suggestions or advice. Thank you very much. [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Booked a Flight but wasn’t charged for it Posted: 27 Jun 2020 12:45 PM PDT I booked a Spirit Flight 2 weeks ago on my credit card. I went to go pay off my card today, but turns out I was never charged. I looked at previous statements and what not, and nothing. I checked all my other cards in case I charged it there on accident and nothing. I looked up my confirmation number for flight status, and it's still confirmed and I have the confirmation email. What should I do ? Should I just leave it? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Why would ARMs be higher rates than 30yr fixed right now? Posted: 27 Jun 2020 05:55 PM PDT I refinanced in January/February from a 30 year 5.125% to a 7/1 ARM at 3.25. I dont plan on being here more than 5ish years and honestly I don't see rates going up much over the next decade so I see the realistic risk to be fairly low even if I can't move in time. At the time I got 3.25 the 30 year was closer to 4/just under 4. It has always been my understanding 10/1 7/1 and 5/1 ARMS always had decently lower rates for what I believed to be obvious reasons. Right now at the credit union I refinanced with: 30yr fixed is 3.25% 10/1 ARM is 4.125% 7/1 ARM is 4.0% 5/1 is 3.875% How does this make sense? Why would anyone take an ARM from this credit union right now? Is it priced like this specifically because they don't want to give ARMs? There must be an explanation of why this makes sense or they wouldn't be doing it but I am completely confused about how this makes any sense? [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Any downsides to claiming my girlfriend as a dependent on my taxes? Posted: 27 Jun 2020 08:04 AM PDT My girlfriend started going back to school in 2018 (and working very part time), so her income for 2019 was below the threshold for me to claim her as a dependent. And, I know we pass all the other tests (she lives with me, I provide most of her living expenses, etc etc). But the question is... should I? At first, I just thought of it as a tax credit, but then I was thinking about it. For example, this year, she wouldn't have gotten the $1,200 stimulus check as an adult dependent. We would've saved $500 on taxes, then lost the $1,200 stimulus payment. Now I know that is a very particular situation, and wouldn't be an issue normally. But it did make me realize that claiming someone as a dependent goes beyond just a tax credit. The only other factor I can find is healthcare, but that isn't an issue for us (as she gets insurance through her school, and it's better than mine). Are there any other pros/cons to claiming someone as a dependent that I am unaware of? I guess I'm just a bit uneducated on what claiming someone as a dependent does, outside of the tax credit. Appreciate any advice. Thanks! [link] [comments]  | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Experience with consumers credit union? Posted: 27 Jun 2020 07:56 PM PDT I searched "consumers credit union" on the sub and found a few posts but not exactly what I was looking for still sorry if this is redundant. I am currently with a credit union that only operates in one area and I am looking to move soon though the credit unions in where I want to move do not have good reviews. Mainly what I want from them is •basic checking •savings •a credit card •branch locations where I can deposit cash It seems like they check all the boxes but I'm having a hard time verifying their legitimacy and pros/cons. Thank you! Tl;dr Just need checking, savings, credit card, and to deposit cash. Is consumers credit union good? [link] [comments]  |
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