Personal Finance I’m a travel nurse with 36k debt. Should I sacrifice my mental/physical health to pay everything off in 6 months? |
- I’m a travel nurse with 36k debt. Should I sacrifice my mental/physical health to pay everything off in 6 months?
- I-Bond rate increase to 7.12% til April 2022
- I need help my spouse was scammed
- Rent Increase In California question
- Someone opened a Costco membership in my name
- How many cars can I afford?
- Precious metals investing advice
- Infusion center said my insurance approved an infusion; I got it yesterday. Today I got a letter from my insurance saying the prior authorization was denied. What do I do
- Scam caller had last 4 of SSN
- Schwab Intelligent Portfolio Premium Experience/Feedback
- how can i make some money for christmas?
- Should I rollover 401k (fully vested) from old company?
- Question on Where to Invest Extra Money
- How do I know if my health insurance is good enough to not worry about bankruptcy?
- Auto-loan & credit score?
- My 401K is 100% in stocks, am I crazy or what?
- Reimbursing LASIK using HSA
- How much should I be saving?
- Someone ordered stuff on a long forgotten account to my house
- How far would I get in NYC with this?
- [CA] Already accepted a job offer, passed background check, about to start a week and half. My current employer has made me an offer I can't refuse. I'm not sure what to do?
- Is it a bad idea to buy a house right now?
- Car Finance Advice
- Breaking a Lease
| Posted: 03 Nov 2021 07:53 PM PDT I just started traveling last month, and I'm making literally life changing money. With my budget plan, I will be able to pay off 18k debt by the end of this contract and have 18k left to pay. I was given an extension offer at my facility, and if I accept, I will be able to pay off everything plus have a little left over while still being able to take a month off with 10k in savings. But I work overnights. I've always struggled with this shift because of the lack of social interaction and odd sleep schedule. I took this contract for the money, knowing I would hate the shift, but also wanting to pay everything off as quick as I can so I can start having some fun with the money I make. Accepting the extension means another 3 months of struggling with my mental and physical health. But it also means financial freedom from debt that's been following me for 5 years. And going forward, I would be able to go wherever I want without worrying about the money side of things. It's unlikely that I will find another contract paying this much which means it'll take longer to pay this off. Do I suck it up for the sake of financial freedom or move on to something that's healthier for me? [link] [comments]  |
| I-Bond rate increase to 7.12% til April 2022 Posted: 03 Nov 2021 11:48 AM PDT According to Treasury Direct it appears I-bonds are raising to 7.12% til April 2022. This sounds like a good deal to curb inflation in the next few months for low risk! [link] [comments]  |
| I need help my spouse was scammed Posted: 03 Nov 2021 04:29 PM PDT My wife has been hiding something from me for a couple of months I tried talking several times she told me it was something was work she wasn't allowed to speak with me about. Turns out she was scammed like sent a wire and bought some gift cards as well. I told her to speak with her bank and talk to the cops. I'm not sure what else needs to be done, it was most of our savings near 20k. This hurts a lot because I asked if she knew there was no scam when she told me she couldn't speak to me about money in her bank and she told me she was certain she wasn't being scammed. This appears happened over the last 2 months what can we do? Edit: a few of you have suggested a divorce but that isn't the route that will be taken here. I love her and she loves me and she fucked up, but I'm not going to try and make her live with this mistake forever and I'm not leaving her over 20k. Edit: We're putting freezes on her credit for right now, we're pretty sure they got her social. We spoke with the police and essentially told us to talk with the bank first and come in tomorrow morning. We tried calling the bank but just seems like automated answer is all we can get. [link] [comments]  |
| Rent Increase In California question Posted: 03 Nov 2021 06:29 PM PDT Can your landlord increase rent the day after it is due? So rent is due on the first of the month, for that month. We gave him the check in full on the first, and that night he sends an email saying he is increasing rent retroactively. He returned the check in an envelope at our doorstep saying to refer to the email. Sounds super illegal to me but how do I go about fighting this? [link] [comments]  |
| Someone opened a Costco membership in my name Posted: 03 Nov 2021 05:06 PM PDT Not sure if this is the right place to post, but it looks like someone signed up for a Costco membership in my name. Have no idea why they would do this? What are the proper steps to take from here? I checked my credit score on CreditKarma and don't see anything crazy. Is someone trying to steal my identity? Going to freeze my credit right now anyways. Edit: How I know: I went into Costco today to sign up for a membership and they told me I previously had a membership from them in a state I never lived in and with someone I've never heard of. The person had my drivers license information. The worker said they couldn't provide me more information. I should've made sure it wasn't a credit card but I believe it's a membership? [link] [comments]  |
| Posted: 02 Nov 2021 10:04 PM PDT I'm a college student at the moment, and I've never owned a car before. I don't need one at the moment, but it will make my life a lot easier. I work in a toxicology lab at the moment and make around 40k a year, I don't have any bills really besides 600 a month for rent/utilities, 200 for my Invisalign, 200 for food/pets, and around 130 on transportation (uber when I'm unable to cycle). I have my eyes on getting a Kia Rio, it seems to be a budget-friendly car, that's reliable. I'm guessing it'll hover around 15k for the cost. I'm thinking I can put down 20% for the down payment, then do around a 48-month zero-interest payment plan on the remainder. I've gotten my credit score to hover around a 700. Again, I've never owned a car before, and I'm only getting my license soon after I finish up some driving classes. EDIT: God sorry I meant to title it "How much car can I afford", English isn't my first language sorry. [link] [comments]  |
| Precious metals investing advice Posted: 03 Nov 2021 07:35 PM PDT Hey gang. I'm looking to get some exposure to precious metals and am having trouble deciphering what's the best way to go about this. I've looked into buying physical assets, investing in ETFs, and even mining companies. Looks like the tax treatment for owning bullion or investing ETFS is not ideal (28% taxed as a collectible) but obviously there are risks involved with investing in mining companies as well. What are y'all's take on precious metal investing strategies. I'm looking into this as a way to hedge against economic downturns and inflation [link] [comments]  |
| Posted: 03 Nov 2021 07:13 PM PDT It's the only treatment for what I have. There's no reason to not approve it. It says why on the form, but it's malarkey because we did show evidence they were asking. The infusion is up to $30,000. I've been bamboozled. The company told me it was approved. my doctor and I celebrated because the first one was denied and we had sent in more paperwork then they called us with the update saying it's approved. My doctor had been told by the center it was approved too. I'm going to speak with the infusion center first thing in the morning. I just started a new job in July, I'm barely keeping up with my medical expenses. I have $1000 in savings. I'm supposed to get this infusion every month for 3 months. The worst part is... It helped. I feel better. Ten months of trying to figure out what was happening, I thought this was the end of it. [link] [comments]  |
| Posted: 03 Nov 2021 12:34 PM PDT Hi reddit, I got a call today claiming there was an issue with my social security and I immediately realized it was a scam call but I decided to listen along for a bit. The caller proceeded to read off my name, and the last 4 digits of my SSN. When I responded back saying I knew it was a scammer, he cussed me out (confirming it was a scam call) and hung up. Now, I didn't give him any additional information, but I'm confused as to how he could've had the last 4 digits of my SSN. Should I take any action? I run a large business and my bank accounts have large amounts of money in them as well as credit cards with large credit limits. Thank you. [link] [comments]  |
| Schwab Intelligent Portfolio Premium Experience/Feedback Posted: 03 Nov 2021 03:55 PM PDT Hi all and thank you in advance for the guidance. Quick Background: I have ~$750k in assets that I have done a poor job of managing or staying on top of. I'm heavily weighted in a few companies due to employee stock programs. My portfolio has become very risky because of this and I'd like to fix it/take better control here I kind of suck at this realm (which is why I've made no progress) and I'm open to paying someone to help get me on the right track. I need to diversify my portfolio considerably. I'm primarily concerned with moving/selling existing assets in the most tax efficient manner and potentially some strategies around IRAs Why I'm considering the Premium Option Intelligent portfolios seems like a well regarded tool around here for those who are in my situation of little time to spend learning/managing finances. I also spoke with a Personal Capital advisor to hear their pitch for financial planning. To be honest I'm not convinced that their service is any better than Betterment/Wealth Front/Schwab from a performance point of few and I think their fees are more than I'm comfortable paying The Premium option is $300 for an initial consult and then $30/month for unlimited interaction with a financial planner. Plus you need to use their intelligent portfolios. Bottom Line Has anyone used the premium service? Are my expectations aligned with what it will offer? Note: I understand that I could do a lot of this on my own but being frank, I won't do it quickly and I'm tired of this looming Thanks! [link] [comments]  |
| how can i make some money for christmas? Posted: 03 Nov 2021 07:08 PM PDT hello, i'm searching for advice on how to find menial jobs, or jobs that do not require much training, that even someone with my severe mental handicaps can do. ones that are online or doable from home would be preferable because ive immunocompromised family. i have unlimited availability. thank you for your time and advice. [link] [comments]  |
| Should I rollover 401k (fully vested) from old company? Posted: 03 Nov 2021 06:39 PM PDT Should I rollover my old company's 401k to my current company, roll it over to an IRA, or keep it where it is? I would like to know the pros/cons for each and what the majority says? Thanks! [link] [comments]  |
| Question on Where to Invest Extra Money Posted: 03 Nov 2021 07:51 PM PDT Hello everyone, I wanted to start a dialogue on where to park any extra money I may get from my federal job, and why those particular places. This post is purely educational for me, and I would like to hear your thoughts regarding what you would do. About me:
I will get a larger sum of salary next year, and I was wondering where would you all invest the money? I want to keep my lifestyle in terms of money the same, and that means that I could invest the extra cash in the stock market. I was leaning towards cryptocurrency or tech index funds. Thanks for the help [link] [comments]  |
| How do I know if my health insurance is good enough to not worry about bankruptcy? Posted: 03 Nov 2021 05:33 PM PDT You see stories about families who raid their retirement accounts or sell their houses because they have major medical bills even when they have insurance. This is a worry to me and I do not know how to read my plan's policies to determine if it would save me if I got cancer or any other major illness. I know my in network OOP max is 4K and my out of network max is 12k. But then I've heard that doesn't mean anything if the insurance decides the treatment you get isn't necessary or any other number of loopholes it appears they have. My gf and I are really setting ourselves up financially with our retirement accounts to be very comfortable in later life, but how do I ensure that's not all wiped out should one of us get cancer or in a major accident? Or is there just no way to know? [link] [comments]  |
| Posted: 03 Nov 2021 07:27 PM PDT My car was financed and there was in accident. Luckily insurance paid the whole loan off. Now that's paid off will my credit score go up? How will it affect my score ? I had the car only a year and due to the accident insurance paid it all off since it was tolated. [link] [comments]  |
| My 401K is 100% in stocks, am I crazy or what? Posted: 03 Nov 2021 07:24 PM PDT I have mine in Fidelity and basically since I llast rolled all my funds over (from previous jobs), I basically put all of the money in a fund that tracks the S&P500. Crazy gains lately. I am steadily investing the most I can, about 10%, each time I get paid. Granted, this makes budgeting so hard, we are getting by w what is left while at the same time trying to live a little and also save for a house downpayment. I've got about ~29 years or so before my planned retirement. I think I'll just keep it there, even w all the impending rumours about corrections. Hey, I've got time. [link] [comments]  |
| Posted: 03 Nov 2021 06:11 PM PDT Hi, I recently had LASIK a few months ago (highly recommend!) and at the time paid for it in full on my credit card. I started a new company earlier this year and my HDHP covers Lasik, but requires me to pay for the $1,400 deductible and 10% of the remaining cost of LASIK. Just to make it an easier number, let's say my LASIK cost was $5,000. To reimburse myself through my HSA (account opened before I did LASIK), does my HSA balance need to be the full $5000? Or does the balance have to be over $3,240 ($5000 LASIK cost subtracting me having to pay the $1400 deductible and 10% of the remaining cost which is $360)? Appreciate any insight on getting reimbursed. Thanks in advance. [link] [comments]  |
| Posted: 03 Nov 2021 07:15 PM PDT I'm 25 have a good job and make 60k. I'm super obsessive about budgeting since I started at $37k, live in an expensive city and definitely important to mention I grew up in the recession— my dad lost his fancy shamancy job and deforest caused some financial insecurity. Although I'm obsessive I'm also simply interested in personal finance, growing wealth and saving. I mostly follow a breakdown of 50% needs, 30% wants 20% savings. I never really saved anything before starting work after college and being in such an affluent area I feel like I'm constantly playing catch up. I want to feel more free spending money and less guilty. How much should I be saving? How much is normal to have to your name at 25? [link] [comments]  |
| Someone ordered stuff on a long forgotten account to my house Posted: 03 Nov 2021 05:54 PM PDT I got a random email from an online clothing store I used maybe 4 years ago, saying that I bought few hundred dollars worth of clothes. Streetwear clothes and shoes. It was ordered to my address with a credit card I had saved on that website but no longer works (I dont know how order went through). I cancelled the orders as soon as I got the email. Alerted the store. Changed my password on that website (funny thing is whoever hacked it tried to change the password). What was the plan here? Steal it from my apartment before I get to it? Does that mean this person likely lives close to me? Has anybody had this happen before? Should I be concerned? [link] [comments]  |
| How far would I get in NYC with this? Posted: 03 Nov 2021 07:01 PM PDT So I'm a single guy in his late 20s and I have about $40k saved up in cash. I'm thinking about relocating to NYC alone and starting a whole new life. I'll be taking some furniture with me, my computer and the clothes on my back, and nothing else. For job prospects, I don't have a formal university degree, but I do have several years of experience as a support engineer for various SaaS companies, as well as front-end developer skills (JavaScript, SQL, Node, React, etc). Will I be ok? [link] [comments]  |
| Posted: 03 Nov 2021 05:43 PM PDT I have posted this in 2 other subs but I would like to get some more feedback. I apologize to the same readers who may have seen my post in other subs. I will include more details in this thread. I work in a small but not very-niche industry. Example: I'm working in fulfillment/delivery for a small fashion brand. What I do is make sure orders are received, processed and delivered on time. I don't have anyone reports to me directly. The company does everything from marketing, designing, custom sewing, photoshoots for niche websites or publications etc. It's a small company in which I know everyone and if I want to jump in and help a photo shoot or marketing sales, I can. My new job offer is for a big corporate company. Say, Dolce & Gabanna, one of the leading brands in the industry. Very prestige. I'll be doing the same thing but I will have 6-7 people report to me. But this is a huge company, even though there's marketing, photoshoots and some designing.. they are all located in other buildings, some in other cities/states. So, it's impossible or will be harder for me to learn new skills. I'll be confined to a specific department. My ultimate goal in life is to have my own fashion brand. I wanna know how to produce garments, do photoshoots, marketing, sales etc. Right now, I'm making 65k. I was offered a job offer of 110K + 15% bonus (to be paid out in 2023) = $126,500 If I took this new offer now. I wouldn't receive 2021 bonus from my current employer. My boss made me an offer 95k effective immediately +15k retention bonus to be paid now + bonus 10% 9.5k for 2021 (to be paid in 2022) + bonus 10% 9.5k for 2022 (to be paid in 2023) = $129,000 He also promised me growth and I'd be able to learn photoshoots, sales, marketing etc. And I will still get my annual raise (cost of living, guaranteed) and potential promotion (+raise) in the future when they are expanding. He even mentioned about having me participate in an interview for an assistant/coordinator in our department. We've been asking for an assistant to help us out in the industry and there's a good chance this person will report to me if I stay. New job Pros: -A huge company in my industry. Having worked for them on resume would look really good and potentially open new doors down the road. Cons: -Corporate company, possible little room to grow and learn new skills -Graveyard shift -Insurance contribution ($300 a month) -Unlimited vacation days (which means they won't pay out any unused vacation) -Unless promoted to a new position, no significant yearly raises (only 2-3% for cost of living) Current Job Pros: -Great company culture. Great boss. Great co-workers -Small company with potential room to grow. -Full medical benefits. -Yearly raise is guaranteed for cost of living. -Potential yearly significant raise on top of the cost of living raise -Work from home, mostly and I can pretty much do whatever I want during the day as long as I get my jobs done. -4 weeks vacation. If I don't use them, they'll be paid out when I leave (about 8k at my new 95k salary) Cons: -Small company that most people won't recognize My boss already provided in writing for the new $95k salary + $15k retention bonus + 10%annual bonus 2021 to be paid in 2022. If I do take the counter offer, I would want to add, in writing, a promotion in Jan 2022 + additional responsibilities. Question is: should I? It's not everyday for me to get an offer from a huge company like Dolce & Gabanna. But ultimately what I want in life is to have my own business where I can produce my own garments and marketing. I just think having Dolce & Gabanna on my resume would attract investors and would make it easier for me to network and market my products down the road. But if I move there, I'll most likely be confined to just one department, the shipping & delivery department. Whereas, if I stay where I'm at, there's a huge chance that I will learn new skills. [link] [comments]  |
| Is it a bad idea to buy a house right now? Posted: 03 Nov 2021 10:29 AM PDT I keep getting mixed messages from people when I ask this question. Usually, it's along the lines of: "No, mortgage rates are as low as they're ever going to be, get the loan and go for it" but then there are telling me "Yes, Zillow and other companies are over-inflating prices and the value of the house will crash through the floor as soon as it's properly appraised" and then there's "Renting is a terrible idea, especially right now when rent is skyrocketing, eat the cost upfront and get the house with a fixed-rate mortgage" Additionally, I have a cat and my SO has 2 dogs and a rabbit so renting is going to be very expensive for us with the added cost of the pets, and comparing it to the cost of a mortgage of around 100k it's not going to be that different in terms of what's coming out of my account monthly. I pay $645/month for a one-bedroom with only one pet listed but when my SO moves in that will probably go up to around $945. I make around 80k per year (sysadmin) and have a gigantic mountain's worth of education debt in order to get that paycheck, student loan payments are around 650/month, my SO makes around 30k and is in a similar position with education debt (BS in social work) but I'm not sure how much she pays on her loans. I'm really sick of this back and forth can someone please help shed light on what are some of the real tradeoffs here? Is the Zillow inflation really something to be concerned about? Is the housing market going to collapse again in the next couple of years driving home prices down? Should I just live in a cardboard box behind Walmart? I'm sure appealing to reddit isn't the best idea if you want a straight answer but the people giving me these facts aren't necessarily experts in personal finance or housing and likely don't have any sources for their conjectures. [link] [comments]  |
| Posted: 03 Nov 2021 06:30 PM PDT Hello! I'm in need of some help making a decision. I've been in the market for a new car for a while now, but my push has finally come as my 2016 Nissan Versa which I paid 5k for a year ago, is now getting me an offer of 10k. My problem I'm having is I can't decide what to do. My wife and I are saving for a down payment for a home, and I was thinking if I lease the car (2022 Subaru Impreza) I'll only have to put 2,100 down and make payments of 233 a month for 3 years and put the rest of the cash in savings for a house. I'm not a fan of leasing, but I plan on keeping this car for about 10 years. I would buy it back at a purchase price of around 14k and my credit union offers 1.9% APR. My other option is using all 10k down and buying the car. Taking advantage of .9% APR from the dealer. I basically would pay the same amount either way, just the leasing option extends my payment for another year or two. What would anyone recommend me to do? I appreciate all answers [link] [comments]  |
| Posted: 03 Nov 2021 05:11 PM PDT Recently my wife got a new job on the other side of the country. We signed a 1-year lease, sight unseen, on a new apartment. We didn't have much of a choice. At the time we fully intended on renting indefinitely. Once we were there we discovered that the neighborhood and the schools were terrible. Meth heads banging on the windows and such. We felt like we had no choice but to buy a house instead and get our kid into a good school district. So after about a couple months we bought a house and moved out. We gave the landlord notice immediately through their web portal, but we never got a response. Apparently the real estate company that sold our house is the same company that manages the rental. That's when they called us, about a month later. We explained our situation and negotiated a verbal agreement to pay a couple months rent for breaking the lease. We paid to have the place professionally cleaned and gave them the keys. We haven't been back since. It's been two more months and no more communication, but they are still sending us bills and threatening late charges. I'm inclined to just not pay them anything, or pay some vastly reduced sum down the line when push comes to shove. We've bought our retirement home so were set. But still, destroying our excellent credit is not ideal. Anyone else been through this? [link] [comments]  |
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