Personalfinance reddit

May 27, 2013 ... Can I just say that this is my favorite "What do you wish you had done?" thread I've ever seen on Reddit. Just a great mix of financial, health, ...Sep 22, 2022 ... Any advice is SUPER greatly appreciated :) TIA Reddit! Archived post. New comments cannot be posted and votes cannot be ... Reside in Virginia, single at a $115k salary. I’ve been paying off my tuition bill as it comes through the university’s payment plan accruing no loans. 2023 Fall semester. · Early July 2023- I deposited $4,000 in the Virginia529 plan. · Late July 2023 - Withdrew the $4000 to pay for partial tuition. Bill Nye the "Science Guy" got torn to pieces for his answer on Reddit. So we did his homework for him. Apparently, this is a question people ask, and they don’t like it when you m...Bitcoin is at the all time high. Cashing out and paying off you mortgage, which is a high rate loan compared to the average, would be a no brainer for me. Take your old mortgage payment and invest it and start making interest instead of paying it. A CD won't pay quite 5.75%, but that could change. r/fansofpersonalfinance: Personal Finance tips & Tricks. ChexSystems is responsible for sending out the list of people that have been banned from using debit cards. Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc...Go to personalfinance r/personalfinance. r/personalfinance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! ... Reddit's hub for advice, articles, and general discussion about getting and repaying student loans.Personal Finance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! 19M Members. 8.2K Online.Here is a list of some of the most common questions that pop up in r/personalfinance, and the common rebuttals. Don't let this be you! Emergency Funds. Why do I need an … The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, major purchase advice, unique deals and tips for frugality, employment financials (not career or job hunting) and other income sources, and a variety of similar topics. Refer to the Subreddit Rules above. It is absolutely worth it to have an HSA. Don’t think of an HSA as a healthcare account, it’s a retirement account. It’s triple tax advantaged (pre-tax contributions, growth is not taxed, and tax free withdrawals after retirement). If you’re able to, contribute to the max. Reply reply.Discover is my recommended HYSA. They consistently have a high APY. They're among the first banks to raise the APY, when they can, and one of the last to lower the APY, when they must. There are other banks that may have similar or even slightly higher APYs, right now, but over the long-term, Discover is always among the top HYSAs while many ... Welcome to Personal Finance for the Financially Challenged! Check out our Wiki for general useful information. Much of the financial advice online and on reddit is aimed at people who have varying degrees of disposable income, ability to invest, lots of free time, available transportation, no kids, a partner, access to credit, and beyond. r/personalfinance: Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF …Nov 17, 2021 ... Save for a house. Depending on where you're living, it's an excellent investment. It's good if inflation hits, your money will grow (just like ... In plain English, a 401 (k) is an account you put money into that receives favorable tax treatment. Each year you can elect to contribute money to your 401 (k) plan through payroll deductions. Elective deductions are usually specified as a percentage of your income, although some plans allow you to specify a dollar amount as well. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ... New to Personal finance: Need help figuring out how to approach learning about …Apr 29, 2023 ... ... personal finance so I can share with these ... Personal finance is personal. ... Reddit · reReddit: Top posts of April 2023 · Reddit · reR...Your income tax is not 22% of $52,000! Since the tax brackets are marginal, only the amount above the 22% bracket threshold ($38,700 taxable income in 2018) is taxed at 22%. Your new tax calculation looks like this (again, using 2018 numbers): $12,000 standard deduction at 0% = $0 tax. $9,525 at 10% = $953 tax. The first is really for multiple occupancy buildings, but it is saying that the monthly gross rent should be 2% of purchase price. For single family homes it should be at least 1%. The 50% rule says that, over time, roughly 50% of gross rent will go to expenses - insurance, maintenance, vacancy, etc, etc. The ever-popular TurboTax is easy to use, has app support (multiple apps for self employed, tracking, etc), and includes live support. Reviewing and updated figures is easy, and you can import PDF's of W-2's. Intuit owns them, and they can pull information (like investment returns) from 300 different brokerages.However, note that this coverage does not cover you (the at fault driver). The limits with this coverage get a little more complex. There are two limits. Per person and per occurrence. A common example would be 50/100. This means it will cover up to $100,000 for any given accident but each person is limited to $50,000.Personal Finance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! 18M Members. 4.1K Online.Jan 4, 2022 ... I'm not sure how you expect a reddit post to accommodate every single bit of financial information and even if it did, nobody would read a bible ...Personal finance is a term that involves managing your money and planning for your future. It encompasses spending, saving, investing, insurance, mortgages, banking, taxes, and retirement planning. Personal finance is also about reaching personal financial goals, whether that’s having enough for short-term …Get paid for going grocery shopping, sitting around the house, changing your socks, telecommuting, changing your socks, you know the normal. Humans don't really need shoes. I hope these have been educational! Please share your best tips in the comments! 31. u/FrancescoPioValya.I'd say earmark like $1,000 to spend on a memorable experience (like travel or special event) or a durable thing that you'll have for a long time (my mind goes to sporting/recreational equipment). $4,000 in a Treasury Direct product - some tbills or an ibond. $5,000 in a low cost index fund. Learn about budgeting, saving, getting out of debt ...When it comes to personal finance, there's a lot of advice out there. Some of the best advice comes from a forum website called Reddit. Specifically, the r/PersonalFinance subreddit. (A subreddit is like a mini forum within Reddit all about a specific topic—in this case, personal finance!) ... This is a common trend on the …11. r/MiddleClassFinance. Subscribers: 20.6k. Topics: MiddleClassFinance. One of the newer Reddit personal finance communities is r/MiddleClassFinance, which is starting to grow quickly. …The hacking shut down the nation’s biggest health care payment system, causing financial chaos that affected a broad spectrum ranging from large hospitals to …Go to personalfinance. r/personalfinance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, …️ Online Income Master Doc - compiled list of tested online money-making resources.. This is an information and discussion subreddit only for topics and tips related to making, saving and investing money.. Please use UK Personal Finance sub /r/UKPersonalFinance for personal question posts. This is not a Q&A subreddit. Please report posts that break the …Ynab hands down. PocketGuard is the best app for budgeting and it made the cut because the app helps curb overspending. The company uses an algorithm to track your income, expenses, and savings goals to tell you how much you can spend every day. I use EveryDollar and I really enjoy it.Ynab hands down. PocketGuard is the best app for budgeting and it made the cut because the app helps curb overspending. The company uses an algorithm to track your income, expenses, and savings goals to tell you how much you can spend every day. I use EveryDollar and I really enjoy it.1.1K Members. 3 Online. Top 19% Rank by size. r/personalfiance: Please check out /r/personalfinance instead.Bitcoin is at the all time high. Cashing out and paying off you mortgage, which is a high rate loan compared to the average, would be a no brainer for me. Take your old mortgage payment and invest it and start making interest instead of paying it. A CD won't pay quite 5.75%, but that could change.Check out A Random Walk Down Wallstreet, 12th Edition, by Burton Malkiel (available on Audible as well). Chapters 2 to 5 talk about all the "crazes" and "bubbles" from Tulip Bulbs and the South Sea Co right up to Bitcoin. It is a delightful read/listen and you realize that the more things change the more they stay the same.Here are the four personal finance tips they recommend as helpful for most people. 1. Apply credit card rewards toward your long-term goals. Credit card rewards can do more than just help make ...Go to personalfinance r/personalfinance. r/personalfinance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! ... Reddit's hub for advice, articles, and general discussion about getting and repaying student loans.Ynab hands down. PocketGuard is the best app for budgeting and it made the cut because the app helps curb overspending. The company uses an algorithm to track your income, expenses, and savings goals to tell you how much you can spend every day. I use EveryDollar and I really enjoy it.About to have access to a 36k loan at .75%. r/personalfinance. Join. • 24 days ago. 30k on credit report, sued and judgment obtained for 20k of debts… make $900 a week. Budgeting help. r/personalfinance. Join. • 24 days ago.Make it simple. Pick either a Target Date fund for the year you anticipate retiring in, or VASGX (their growth fund) 1 Index Fund (or ETF) for the entire U.S stock market OR S&P 500 equivalent. 1 Total International Index Fund/ETF. I allocate 60% of my purchases to the first one. Read about the three fund portfolio https://www.bogleheads.org ...Welcome! Before making a post, please check out some of the great resources that we've provided to answer your questions: We have a simple guide answering most questions about what to do with money and how to prioritize your finances: Click here: How to handle $. We have a wiki covering dozens of topics: credit, debt, retirement, investing, and …I got three quotes and really narrowed it down to one based on pricing, equipment offering, and other recommendations. But, I have two financing options: The HVAC company offers 5year financing at 7.99% percent. Or I can use a program from either my local gas or electrical utility to get 4.99% for 1, 3, 5, 7, or 10 years. First thing, make sure your 401k deduction is set to 10-12% right away. If you can set an annual increase, set it at 1% if you expect annual raises. The 1% will not be felt with the raise. Second, focus on getting 6 months savings. Not all right away, but shoot for an additional 10-20% in savings each paycheck if doable. r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!When it comes to personal finance, there's a lot of advice out there. Some of the best advice comes from a forum website called Reddit. Specifically, the r/PersonalFinance subreddit. (A subreddit is like a mini forum within Reddit all about a specific topic—in this case, personal finance!) ... This is a common trend on the …Taxes. Your employee income is taxed like so: 7.65% goes to Social Security and Medicare taxes until you reach $160,200. Also, at the same time your income is taxed in chunks at various rates. Assuming no special deductions, 0% for the first $13,850 due to standard deduction and exemption. Then 10% of the next ~$9K, 15% of the next ~$28K, 25% ...Welcome! Before making a post, please check out some of the great resources that we've provided to answer your questions: We have a simple guide answering most questions about what to do with money and how to prioritize your finances: Click here: How to handle $. We have a wiki covering dozens of topics: credit, debt, retirement, investing, and …Undervalued Reddit stocks continue to attract attention as we head into the new year. Here are seven for your perusal. Tough economic climates are a great time for value investors ...r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! Please use UK Personal Finance sub /r/UKPersonalFinance for personal question posts. This is not a Q&A subreddit. Please report posts that break the rules. Acceptable Post Topics: Latest Finance News (Do not editorialise titles) Boosting Income; Beer Money and Side Gigs; UK Employment; Business and Entrepreneurship; Discussion topics r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!The one thing I still do is hire a tax professional every year. I have 6 income sources and own 3 properties. Well worth the $200. Some people have mentioned that it depends on your income and net worth. If you hire a planner, I would go with fee based only (pay per meeting or hour vs. a % of your investments).Jul 6, 2020 ... https://www.reddit.com/r/IndiaInvestments/comments/9ltgni/for_someone_who_is_absolutely_at_level_zero_in. Upvote 24. Downvote Reply reply Non-US versions. Step 0: Budget and reduce expenses, set realistic goals. Step 1: Build an emergency fund. Step 2: Employer-sponsored matching funds. Step 3: Pay down high interest debts. Step 4: Contribute to an IRA. Step 5: Save more for retirement. Step 6: Save for other goals. Sep 1, 2021 ... Good financial tips for a 21 year old · Max your 401(k) or equivalent employee contribution. · Buy inexpensive, well-diversified mutual funds ...It is absolutely worth it to have an HSA. Don’t think of an HSA as a healthcare account, it’s a retirement account. It’s triple tax advantaged (pre-tax contributions, growth is not taxed, and tax free withdrawals after retirement). If you’re able to, contribute to the max. Reply reply.Thanks so much. (Also, I haven't decided what car to get, but was looking at a Tesla y. Open to others as long as they have good storage and can fit 5 or more people) Sort by: …Request them by phone at 877-322-8228. Request them by filling out a form from the Federal Trade Commission and sending it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. When submitting a request for a credit score, companies and individuals perform something called a hard pull.I got three quotes and really narrowed it down to one based on pricing, equipment offering, and other recommendations. But, I have two financing options: The HVAC company offers 5year financing at 7.99% percent. Or I can use a program from either my local gas or electrical utility to get 4.99% for 1, 3, 5, 7, or 10 years. Go to personalfinance. r/personalfinance. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances! MembersOnline. •. atlasvoid. How to prioritize spending your money - a flowchart (redesigned) Planning. Jan 14, 2022 ... ... personal finance app of choice did (I won't ... personal finance programs might well). ... Reddit · reReddit: Top posts of January 2022 · Red...Make it simple. Pick either a Target Date fund for the year you anticipate retiring in, or VASGX (their growth fund) 1 Index Fund (or ETF) for the entire U.S stock market OR S&P 500 equivalent. 1 Total International Index Fund/ETF. I allocate 60% of my purchases to the first one. Read about the three fund portfolio https://www.bogleheads.org ...The lowest fee in Superlife and Smartshare is US S&P 500 index fund. It cost 0.35% with Smartshare and $12/year + 0.4% with Superlife. If you wish to invest in the local market, Superlife NZ top 50 index fund cost $12/year + 0.45% of your holding and it cost 0.5% of your hold p.a form Smartshare.Nov 14, 2023 ... This will be an unpopular opinion in this subreddit, but honestly, I want the judgement automated. I don't want to think about my personal ...It is absolutely worth it to have an HSA. Don’t think of an HSA as a healthcare account, it’s a retirement account. It’s triple tax advantaged (pre-tax contributions, growth is not taxed, and tax free withdrawals after retirement). If you’re able to, contribute to the max. Reply reply.In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...Resurrecting an older post, but I borrowed $63K from SoFi, took right at a week from start to being funded. According to Credit Karma, my credit scores were around 630, but the disclosure from SoFi had me in the low 700's. Using the funds to consolidate CC debt, will save over $12K in interest alone. r/personalfinance. true.3 Unhelpful or disrespectful. 4 Asking for handouts or transactions. 5 Legal or business discussion. 6 Politicizing. 7 Lawbreaking information. 8 Personal attack or abusive language. 9. 10. r/personalfinance: Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. OptOutPrescreen.Com is the official consumer credit card reporting website to opt-out of offers of credit or insurance. It's an easy way to reduce junk mail and reduce the risk of identity theft (from someone stealing your mail). You can also call 1-888-5OPTOUT (1-888-567-8688). Monthly Premium $346, Deductible $7000, Out of Pocket Max $7000. Plan 2. Monthly Premium $545, Deductible $0,Out of Pocket Max $4500. When I do the math, a year of monthly premiums plus out-of-pocket max is roughly the same for both plans. So if disaster strikes, I’m going to be paying the same either way. I’m …Reddit community for TheFinanceNewsletter.com and its 50,000+ readers! (We debate & discuss money, finance, investing, stocks, financial news, personal finance, real estate, crypto and building wealth from different perspectives to understand different points of views). Upvotes & Downvotes moderate this sub. r/fansofpersonalfinance: Personal Finance tips & Tricks. ChexSystems is responsible for sending out the list of people that have been banned from using debit cards. r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!Here are the four personal finance tips they recommend as helpful for most people. 1. Apply credit card rewards toward your long-term goals. Credit card rewards can do more than just help make ...I am also maxing out my HSA and trying to save for a house so I'm not able to increase my 401K contribution. Here is where it stands: My contributions = $27,779. Employer match …Get paid for going grocery shopping, sitting around the house, changing your socks, telecommuting, changing your socks, you know the normal. Humans don't really need shoes. I hope these have been educational! Please share your best tips in the comments! 31. u/FrancescoPioValya.Basically I'm in my early 40s now and about 7 years ago I received an inheritance of about 600k. I had also scrimped for years to accumulate savings of amount 500k. So all in all I had 1.1M in the bank. Crazy to think!At that time I was also unemployed and so ended up using some of it to survive.Pay Off Credit Card Debt OR Keep More Cash Available? Credit. I have about $30K in my savings and about $15k in my checking account.I also have about $12K in credit card debt across several different cards. I know I am paying interest on these cards every month that I have a balance. Most of these charges come from …The biggest "catch" for Sofi, which you didn't mention if you are going to do, is that you need to have Direct Deposit to get that 3.50%. You will lose that 3.50% if you remove the direct deposit. Without it the interest rate is 1.20%. I have SOFI accounts, I think they are pretty easy to use.Check out A Random Walk Down Wallstreet, 12th Edition, by Burton Malkiel (available on Audible as well). Chapters 2 to 5 talk about all the "crazes" and "bubbles" from Tulip Bulbs and the South Sea Co right up to Bitcoin. It is a delightful read/listen and you realize that the more things change the more they stay the same.I took Personal Finance as a course in junior college. It was very informative and very helpful. We covered everything from budgeting to different types of investments to filing taxes. I took a free Coursera course on personal and family financial planning a few years ago, and I think it was useful. The XY Planning Network is an organization of fee-only financial advisors that specialize in helping members of Generation X and Generation Y. All advisors are CFPs. Vanguard Personal Advisor Services charges 0.3% per year for assets managed under the service. Many of the advisors hold a CFP credential, but some do not. Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ... New to Personal finance: Need help figuring out how to approach learning about …r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!Advertising on Reddit can be a great way to reach a large, engaged audience. With millions of active users and page views per month, Reddit is one of the more popular websites for ...3. r/frugal. Whether you have a limited income to work with or are trying to live a more budget-conscious life, r/frugal is a great community to explore. Redditors share their favorite tips on ...Bitcoin is at the all time high. Cashing out and paying off you mortgage, which is a high rate loan compared to the average, would be a no brainer for me. Take your old mortgage payment and invest it and start making interest instead of paying it. A CD won't pay quite 5.75%, but that could change.Resurrecting an older post, but I borrowed $63K from SoFi, took right at a week from start to being funded. According to Credit Karma, my credit scores were around 630, but the disclosure from SoFi had me in the low 700's. Using the funds to consolidate CC debt, will save over $12K in interest alone. r/personalfinance. true.The IRS said wait times during tax season can average 4 minutes, but you may experience longer wait times on Monday and Tuesday, the IRS said, as well as during … Non-US versions. Step 0: Budget and reduce expenses, set realistic goals. Step 1: Build an emergency fund. Step 2: Employer-sponsored matching funds. Step 3: Pay down high interest debts. Step 4: Contribute to an IRA. Step 5: Save more for retirement. Step 6: Save for other goals. Spending smarter. Living a better life on the same budget. Working smarter, not harder. Planning for upcoming expenses, purchases, adventures. Finding qualifying benefits. r/povertyfinance: Financial advice, frugality tips, stories, opportunities, and general guidance for people who are struggling financially. No….2025 COLA estimate increases with inflation, but seniors still feel short changed. The latest estimate for Social Security's cost-of-living adjustment for 2025 …The first is really for multiple occupancy buildings, but it is saying that the monthly gross rent should be 2% of purchase price. For single family homes it should be at least 1%. The 50% rule says that, over time, roughly 50% of gross rent will go to expenses - insurance, maintenance, vacancy, etc, etc.The main budget is divided into three core areas: Income: You use this to fill in your income and choose to have a monthly, weekly, or bi-weekly pay cycle. If you are a worker who is tipped it includes an area where you can add tips, my suggestion is put in your minimum average income from tips- So for example, if you usually make …Dec 22, 2021 ... Personal Finance - use Ledger to keep your own finance or use online services like MoneyDashBoard? · fully integrated / integrable in anything ...The main budget is divided into three core areas: Income: You use this to fill in your income and choose to have a monthly, weekly, or bi-weekly pay cycle. If you are a worker who is tipped it includes an area where you can add tips, my suggestion is put in your minimum average income from tips- So for example, if you usually make …I am also maxing out my HSA and trying to save for a house so I'm not able to increase my 401K contribution. Here is where it stands: My contributions = $27,779. Employer match …General Personal Finance. The Millionaire Next Door by Thomas Stanley, especially if you have high expenses. Your Money or Your Life by Vicki Robin and Joe Dominguez, especially if you want to change your emotional relationship with money. I Will Teach You to be Rich by Ramit Sethi. Get a Financial Life: Personal Finance in Your Twenties and ...r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!Credit Cards or Personal Loans. I am currently starting a business after years of waiting for legislation in my state to figure itself out. My expectation is to begin formally operating in March of 2024 and will need somewhere between 15-20k to feel safe if my results don't start off as hot. I have spent so long working purely in academics that ...If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma... r/fansofpersonalfinance: Personal Finance tips & Tricks. ChexSystems is responsible for sending out the list of people that have been banned from using debit cards. 3 Unhelpful or disrespectful. 4 Asking for handouts or transactions. 5 Legal or business discussion. 6 Politicizing. 7 Lawbreaking information. 8 Personal attack or abusive language. 9. 10. r/personalfinance: Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning.r/personalfinance Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!I highly recommend the book "Personal Finance for Dummies". It covers all the bases in plain English. It's divided into topic sections that make it easy to refer back to specific topics later on. The most recent edition is the 2018 version. I gave this book to both of my kids when they turned 18.Discover is my recommended HYSA. They consistently have a high APY. They're among the first banks to raise the APY, when they can, and one of the last to lower the APY, when they must. There are other banks that may have similar or even slightly higher APYs, right now, but over the long-term, Discover is always among the top HYSAs while many ... | Cuwooxgn (article) | Mlkoodk.