Personal Finance Work offers a retirement plan. The money the I put in goes into a 403b and the money they match goes into a 401k. |
- Work offers a retirement plan. The money the I put in goes into a 403b and the money they match goes into a 401k.
- Furniture salesman bait and switch attempt?
- Didnt get a meter reading when i closed on my house, now electric company wants me to pay 800$ for previous owners usage
- Charged $700 for echo doctor gave me no option about
- How can I avoid lifestyle creep while still making good use of a raise?
- Paid OBGYN over $500, turns out my health insurance covered my office visits. Can I get my money back?
- Should I pay off my credit cards before buying a house?
- Company is asking Wife to pay back entire yearly salary?
- I stepped down from my position but they never changed my wage
- Job interview was a scam
- I found an investment account I didn't even know existed
- Frugality making me miserable
- How to Find a Great CPA
- When is a good time to sell a losing stock
- I financed a car 8 months ago but recently lost my job and can't afford the payments anymore. What are my options?
- If I have to move would I be able to rent out my house or would some types of loans require me to sell the house?
- Capital One App says I’m 1k in debt but don’t know from what
- Wife earned some money on the side. Not sure what to do.
- Getting out of credit card debt after losing it all
- Is a $30/month gym membership worth it?
- How can I create a negative balance on my credit card?
- Why is the lowest credit score 300?
- Company keeps sending an already paid bill
- What are the financial benefits of marriage?
| Posted: 27 Nov 2021 05:27 PM PST My work offers a retirement plan where they match up to 3%. The money the staff contributes goes into a 403b and the 3% the company contributes goes into a 401k account. Both accounts offer the same investing choices. Is there a reason why they would separate they money into a 403b and a 401k? edit: I think the company will contribute 3% regardless of how much staff contributes [link] [comments] |
| Furniture salesman bait and switch attempt? Posted: 27 Nov 2021 06:43 PM PST Went to buy a high-end sofa today. Retailer had a Black Friday deal for "30% off". Deal price of $3,290 was in the price tag insert attached to the floor model (though the "reg" price was $500 more than was listed as the reg on last month's "no sales tax" deal, while the "deal" price was conveniently only $70 less than the previous deal price 🙄). Got a delivery quote from the salesman and agreed to the purchase (at the deal price on the tag insert). He ran my credit card for it (price + tax + delivery) and went to complete the paperwork. Then he came back and told me the floor model price tag had the wrong insert, the price with the options it had was actually $200 more. I told him I was only willing to pay the agreed upon price and he went to "make a phone call" and came back saying it's not my fault their "incompetent" staff misadvertised the price and they would sell it to me at the original deal price discussed. My question is, was this just a cash grab for an extra $200? Would that have gone to the company or the employee (they were def commission based)? Or is there some deeper reason, like making me feel I got one over on them for paying $200 less that the "real" sticker? Cause all it did was leave a bad taste in my mouth. [link] [comments] |
| Posted: 27 Nov 2021 04:56 PM PST So i bought my house in February of 2021 and discovered a small gas leak (a connection in the basment was not completely tight). In august i got a bill from my electric company that they had gotten a actual reading (it has been estimated for two years according to that bill) and said i owed $800. I called them and they said they sent my complaint to the back office to be resolved and just pay the usage on bills and they would freeze the account so i wouldnt get my power and gas shutoff. Now its a couple months later and i get a notice that my power and gas will be shutoff on 12/02 if i dont pay. I called again and they said they sent my problem to the back office again. I was worried it was the same thing as last time so i called the next day and asked for a supervisor, after a hold the guy i talked to said it was more complicated than they thought and someone would call me immediately. This was Wednesday before thanksgiving so the office is closed until monday but im running out of time. What do i do? Should I just pay it and be done? Or can i get it fixed or at least reduced in some way? So far theyve only sent me a payment plan offer but thats no help. [link] [comments] |
| Charged $700 for echo doctor gave me no option about Posted: 27 Nov 2021 03:14 PM PST Went to my annual checkup where they did an EKG which came back abnormal. Doctor said we need to do an echo now, didn't really ask or anything. Got the echo done, and now I just got a bill for $700. Insurance isn't covering any of it since it's a "diagnostic procedure". Any way I can get my GP to lower this/talk it down? [link] [comments] |
| How can I avoid lifestyle creep while still making good use of a raise? Posted: 27 Nov 2021 06:37 AM PST I know that the most common answer is probably "just save/invest all the new cash", but I'm just looking for guidelines on when it's not always the case. My girlfriend and I are house shopping (currently renting for $1400 a month). Up until recently I've had between $1,000-1,500 left over at the end of the month after all bills. We want our total monthly payment for a house to be <= our current rent. I recently got a ~40% raise at work, and would be able to save/invest all of that extra money (it's about $1k extra take-home a month) if the expenses stayed the same. But at the same time, the houses that would have a maybe $100-200 higher mortgage are much nicer (e.g. we're currently looking at houses in the $200-250k range, but the amount of good looking houses increases by a lot when we move than upper limit to like $275-280k). At what point this increase in allowed budget becomes lifestyle creep? What's a "normal" increase in spending vs raises etc? I can provide more info if needed. EDIT:
[link] [comments] |
| Posted: 27 Nov 2021 09:39 AM PST I got bills for my first 4 appointments with my OBGYN for my pregnancy checkups, I ended up paying them $500. One day I talked with billing about a bill for lab work that was way more than I could afford. They called me back and said I wouldn't owe anything afterall. I quit getting bills for the pregnancy checkups after that. Turns out my health insurance covered these visits and I believe the bills were sent by mistake. They never mentioned refunding the money I had already paid them. Is it possible to get that money back? [link] [comments] |
| Should I pay off my credit cards before buying a house? Posted: 27 Nov 2021 03:14 PM PST I'm getting to the point that not having a house is kind of becoming a pain. Living in a cramped apartment is really starting to take its toll on my wife and I having a young child and wanting the space to allow her to be able to move around freely. I know it's not necessarily a need, but at the same time, I feel that if I stay in this apartment any longer it's going to be harder to afford a house with the way things are going. Maybe it's FOMO that's driving me, but I'm not certain. My wife and I gross about $75k a year. Due to daycare and other bills we only have about an extra $200 surplus per month we put towards credit card debt. We have about $7k in debt on the cards and medical debt, coming to a minimum payment of $220/mo. I've refinanced the cards through our credit union to cut the APR to 7% to pay them off with less interest. My question is: should I pay off the $7k balance before starting to save for a house or start saving for a house now and pay off the balance to its term since I refinanced the cards with a lower APR? Edit: thanks everyone. I figured I should just pay it off. I had people saying it wasn't necessary so I just wanted to check here since there seems to be a lot of helpful people. Thank you! [link] [comments] |
| Company is asking Wife to pay back entire yearly salary? Posted: 27 Nov 2021 08:53 PM PST Hi everyone, my Wife used to work for a company that she recently resigned from. This company is known for being toxic and having a bad culture. This is a professional level job in IT Sales. She was working for 9 months then decided to quit to pursue a different position and the company she left Finance/Payroll department reached out and said she owes them 56k and to wire it to their company bank account. I checked the emails and the bank account is legit. I went to her payroll manager and added up all the gross pay from her 8 months of paychecks and that totals 56k gross pay. Is this even legal? What should we do here? We replied back and said that this request is a mistake. We have not agreed to any form of payment, so no slip ups there. Also they are asking us to send gross pay rather than net pay which is actually 45k, so this just doesn't make sense. Any help here is appreciated! [link] [comments] |
| I stepped down from my position but they never changed my wage Posted: 27 Nov 2021 01:42 PM PST I stepped down from my position as a supervisor about a month ago and my hourly rate was never changed. When I met with my manager and HR about stepping down, nothing was said about what my new wage would be. I know an estimate of what the pay for my new position is but I haven't signed anything or talked about my new job description or pay. In this case since nothing has been discussed about my new pay could they take back the money they are "overpaying me"? Should I say something or just wait for them to notice? [link] [comments] |
| Posted: 27 Nov 2021 06:44 AM PST I idiotically fell into this Wire job scam; I applied to this remote photo retouching on LinkedIN, the profile seemed legit and researched the company and they were real. After a week or so, I get an email from someone that allegedly works for them and offers me an interview that I would have to schedule through Wire. Interview happened through chat and this second person (allegedly a hiring manager) asks questions every recruiter would ask. The next day I get an email from the first person saying that I get the job, along with a "contract," non disclosure agreement and a payroll form which I filled with bank account and routing number. No SSN. This person also asked for a photo of my passport and proof of employment, so I send a photo of passport, my expired F1 visa and my proof of status for my new O1B visa. The scammers sent 2 checks in the lapse of 2 days totaling $4500 that I managed to deposit into my account that were supposed to be used for computer and software. I never shared my SSN, but i did share bank and routing number (I froze my account since realizing it was a scam) as well as a scan of my passport (I'm a Mexican citizen), my expired visa and the proof of status for my current visa. These people then made me wire $3200 to an account which did go through before freezing my account. I'm writing because I don't know what to do abt my passport and visa docs, Im afraid this can fuck my immigration status. As I said, they don't have my SSN, but I'm scared they can get it while having my passport and visa scans. I did put an alert on my SSN on Experian, contacted the bank, the FBI, the company they impersonated, and even the identity theft and the secret service. The police won't file a case because they need documents from the bank stating these checks indeed are fake and the whole thing was a fraud, these docs will be handed to me in a week, which is too long. I also tried contacting USCIS but they are closed for holidays days and have to wait until Monday. Any advice, or anything that could be useful please? TIA [link] [comments] |
| I found an investment account I didn't even know existed Posted: 27 Nov 2021 06:01 PM PST Over the course of the last week, I have taken the liberty of doing a deep dive on this sub. In the spirit of 'better late than never', at the ripe age of 33, I decided to start investing some of the money I've saved. I opened a couple Vanguard retirement accounts (Roth IRA & i401k), a high yield savings for my emergency fund, and decided to take a very small amount of the money left (1.5%), and open a Fidelity brokerage account to play around with. (Yes, I know the risks, it's an inconsequential amount) After trying to create an account, it said that I already had a "Net Benefits" account based off of my Name/DOB/Social, but that I needed to setup an online account. Weird. I created an account, and during the account creation process, the employer info and address was already filled in. This was VERY strange, as I don't ever recall opening a Fidelity account. The info was from a job and address I had in High School, about 16 years ago. I worked at a grocery store that was part of a large, national chain, for about 18 months full time. During this time, I had to join a union and pay dues. My best guess is that I had some unbeknownst contributions to some kind of workplace retirement account that was setup on my behalf by the employer, that I likely never thought about, and have since completely forgotten about. The problem is, when I try to login to the NetBenefits website, I get a "Technical Difficulties" page, as the website is down, and has been for a few hours, so I am unable to see if an account even exists, or what value it may have. I figure best case scenario I have $13 in there, or something. But I am definitely curious what the potential could be. Anyone have any idea what the account is for? [link] [comments] |
| Posted: 27 Nov 2021 11:18 AM PST Hey folks. I have a problem - I won't spend on myself, even in areas that are important to me and I know would bring significant improvements in my QoL and happiness. For example, I don't buy clothes - I still wear clothes from 5-10 years ago. Many of them are now ill-fitting and visibly old. I also don't spend money on skincare despite having had severe acne for over 10 years - now I have scarring that will never go away. Both of these things affect my self confidence considerably. I also won't spend on housing. I live in a VHCOL city so maybe this one is more justified - but I refuse to spend over 20% of my take-home even if it puts me in bad housing situations. I've been miserable because of bad housing situations more often than not. I'm currently pulling in around $130k gross. This is not as much as it may seem due to VHCOL. However, it is definitely more than enough to live comfortably while still saving up for the future. Has anyone experienced this before? How can I loosen up about money and invest in myself and my happiness more? Thanks in advance! [link] [comments] |
| Posted: 27 Nov 2021 05:45 PM PST I've been stressing about this for months. How can I find a good CPA? I don't know anyone that does anything remotely close to this and have absolutely no pointers to go off of. I need one for retirement planning (possibly) and my business. I'm worried about not finding a good one. [link] [comments] |
| When is a good time to sell a losing stock Posted: 27 Nov 2021 04:17 PM PST Hi all, I have several individual stocks that I've bought over the years from companies I thought had potential. Many of them have lost value and have remained at a loss for years. My thinking has always been "Well its lost so much value anyways, whats the point in selling it? Maybe one day it will turn around". What are the better strategies here? When is a good time to sell a long-term security that is losing over a period of years. [link] [comments] |
| Posted: 27 Nov 2021 11:42 AM PST Any help or personal experice would be appreciated! Thanks. [link] [comments] |
| Posted: 27 Nov 2021 07:01 PM PST Background: I'm a student in a long graduate program and I'm looking into buying a house or condo because I will be in my (low cost of living) city for at least the next 6 years followed by a period of 3-7 years where I will have little input on where I am allowed to live (essentially wherever I am matched I will be required to work there). I've tried looking this up online but I haven't had much luck. I've read that some mortgages have better rates if you're planning to live in the house rather than use it as an investment property. My question is: if I apply for a home loan with the intention of living in it during my graduate program but then I'm required to move to a different city, would I be able to rent the property out (and supposedly it would convert to a different type of loan) or would some loan types require me to sell the property? [link] [comments] |
| Capital One App says I’m 1k in debt but don’t know from what Posted: 27 Nov 2021 06:42 PM PST So I opened a capital one credit card a year ago and since I opened the account it says I have 1.3k in debt. To my knowledge I never had any outstanding debt. Never had a credit card before and never had student loans. How can I figure out what this debt is from and how to fix it? Edit - thanks everyone for helping me out! Found what Credit One says I'm in debt for in the "transunion credit report" under "accounts and balances" Thank you u/blablahblah for pointing it out! [link] [comments] |
| Wife earned some money on the side. Not sure what to do. Posted: 27 Nov 2021 03:46 PM PST My income has always been salary based. Recently my wife started trading physical collectibles. She kept no records of purchases / sales or other expenses. She doesn't have a business registered either. For her, it is the labor of love and it worked better than expected. For the year she has about $30k in sales as best as I am able to put together looking at her transaction history of paypal and other money transfer services. Adding that to my income, we are certainly owed taxes. How should we file taxes in this case? Should we just estimate the expenses and earnings given we don't have proper records? Under what heading can we file taxes? Should we rush to form a business now? I am not sure if she would continue this the next year. [link] [comments] |
| Getting out of credit card debt after losing it all Posted: 27 Nov 2021 08:02 PM PST Hello everyone, I used to have a successful business. COVID took a massive toll on my business and I ended up in about $30,000 business credit card debt with no income (unable to keep paying myself from the business) and struggling to make minimum payments on the cards each month. Unable to pay off my AMEX Platinum in full like I had been each month for an entire year before, AMEX enrolled me into their financial relief program. I am thankful for this option because in the duration of the program, annual card fees are paused and the APR is lowered to 5.99% in my case. Now my problem is with my Chase business ink card which carries about 18k in debt with an APR of 15.99%. Does Chase offer any relief programs during this time that won't negatively impact my credit score (it's already gone down 100 points in the last year). What would you suggest I do in this situation? Is there any way I can negotiate with Chase? At least now I am employed but not bringing in a lot of money. Half of my income goes toward rent at this time. The other half I use to live very frugally and pay down my debts. Yes, I am looking for a higher paying job and possible "side hustles" I can do that are not capital intensive and I will be moving in with family to eliminate the rent expense early next year. Sometimes I wonder if I should just file for personal bankruptcy since my credit score has already gone down into the 600s. Aside from the business debt, I also have personal credit card debt. Which, thankfully, I am able to start paying down from unemployment money I received before gaining employment. What should I do? [link] [comments] |
| Is a $30/month gym membership worth it? Posted: 27 Nov 2021 04:04 PM PST Context: I'm a college student and make about $900-1.2k a month. I usually spend $300-500 a month (higher end when I get my hair/eyebrows/personal maintenance things done). I keep a spreadsheet, and it looks like most of my expenses are for personal grooming, food, and shopping. Luckily I don't need to pay rent, utilities, or groceries, just gas and a Spotify subscription. Would a $30/month gym membership be worth it? We do have a gym on campus but I find the hours and the walk inconvenient, there are barely any racks available, and there are a lot of creeps. I also don't like seeing my peers when I'm working out. And could someone recommend a budget for fun money/shopping/personal grooming? I've tried budgeting $100 for fun money, but I categorize that as fair tickets, concert tickets, etc, not food and shopping, so I always exceed it. Further context: Food: I'm trying to meal plan and wake up early enough to not have to buy food, and I'm trying to cut down on eating out with friends too (this is where most of it comes from). Personal grooming: eyebrows and maintaining my hair. Eyebrows are every 1-2 months and hair is every 3-4 months but hair is anywhere from ($30-$200). Shopping: I...have no clothes right now. So I look for sales and hold off until I find something I will actually wear for a while, but I've almost skipped class before because I didn't have pants left. (I also gained a lot of weight, so a lot of my old jeans and pants don't fit.) Would adding a $30 month cost be worth it?? I feel a little stupid already because I feel like I have no bills so there is absolutely no reason I shouldn't be able to save at least $800 a month. [link] [comments] |
| How can I create a negative balance on my credit card? Posted: 27 Nov 2021 07:12 PM PST Hi, I have just gotten my credit card with a pretty low credit limit, low enough that I will be able to go over that amount in one purchase. Can I "prepay" my credit card to get over the credit limit. [link] [comments] |
| Why is the lowest credit score 300? Posted: 27 Nov 2021 07:26 PM PST When credit scores are calculated - why is the lowest score 300? Why not 0? or 500? [link] [comments] |
| Company keeps sending an already paid bill Posted: 27 Nov 2021 09:36 AM PST A chiropractic business keeps sending my fiancee a bill that she has already paid. The bill is for about $45 but she keeps showing them the bank statement where it shows the exact amount was paid. And they clear the bill and then somehow forget they did so about one to two months later. This is about the fourth time they've sent it. How do I get them to stop permanently? I really don't want to keep doing this to avoid going to collections on something we don't owe. [link] [comments] |
| What are the financial benefits of marriage? Posted: 27 Nov 2021 08:29 PM PST Is filing taxes jointly a benefit? So married couples get extra benefits? Etc.? [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