Personalfinance reddit

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% ...

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.Reddit has worked out well for me, at least where my finances are concerned. It taught me the opaque math that car dealerships use during lease negotiations, ultimately saving me $1,000 on my ...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... I buy clothes here and there. My expenses: 1)Foschini account with a rough installment of R250 monthly. 2)Subscriptions (F1 TV, Spotify, Google, etc). My monthly expenses total about R500. I also want to save towards my masters, which I don't really need to but I want to offload the burden for my parents a bit. I made 61k anually but landed a promotion that has bumped my salary to 85k. Can someone give my finance advice, I am so lost. My expenses is a follows. 400 rent fortnightly. 500 monthly for car payments. 100 monthly for car insurance. 100 in gas a week. 60-70 a week for groceries. Planning. Roth IRA That means you only invest $7000 for the year and pay $1500 in taxes. Since you are willing to pay taxes on $8500 I will use that as the base. I would open a traditional IRA. Put $7000 of tax deferred money in. $8500 - 7000 = $1500 you will pay taxes on. Call it $300. $1500 - 300 = $1200 taxed dollars to invest in a mutual …

The r/personalfinance reddit has very basic question but also really sad stories where people have dug themselves so far in the hole it is bleak. Honestly if you read the free PDF "If You Can" that has so much great info packed into 15 pages - you don't need to do all the "homework" of reading his recommended books the first 1-2 go throughs ...Inflation Protection - I-Bonds are guaranteed to grow with the general inflation rate, as measured by the CPI. 5). Deflation Protection - I-Bonds will never lose value month over month, even when the CPI is negative (deflation). That means in those cases, your money is guaranteed to increase in value in real terms. 6).Oct 26, 2023 ... In short, save what you can, when you can. As your income increase don't increase your expenses alongside it just increase your total savings ...Reddit's advertising model is effectively protecting violent subreddits like r/The_Donald—and making everyday Redditors subsidize it. Reddit has a problem. The website has always p...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 …Morally stuck paying a bill that is not mine. I 29 female will get right to it, last year I lost my best friend and roommate to an illness, the Wi-Fi bill is in his name. when I tried to get the account transferred to me they said I couldn’t because I wasn’t listed on the account which I understood. They told me that he (best friend) had to ...Inflation Protection - I-Bonds are guaranteed to grow with the general inflation rate, as measured by the CPI. 5). Deflation Protection - I-Bonds will never lose value month over month, even when the CPI is negative (deflation). That means in those cases, your money is guaranteed to increase in value in real terms. 6).

r/personalfinance credit_building. Guidelines on Increasing Credit Scores. I already have established good credit, and I am looking to increase even more. I have no credit, and I am looking to get started. Step #0: Assess your financial situation. Step #0.5: Consider becoming an Authorized User. Step #1: Pick a Card.32 deciding what to do next. I’m a married 32 year old male with a 2 year old and a 3 month old. I finally graduated in the winter and utilized my company’s reimbursement so I only have about $11,000 left on student loans after being aggressive with my bonus. My car is paid off, and I usually have about $700-800 leftover every month.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 …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 …

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The average credit card late fee has ballooned to $32 in 2022 from $23 at the end of 2010, the CFPB said. With the cap going into effect, the agency estimates …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 FA told me they work for Primerica and would like to meet again so we can work together. They aren't MLM. They are a commissioned salesperson and will recommend funds and products you don't need which are too expensive. Avoid them like the plague. You're in your mid 20s and have done your research. You've got this. The problem with Whole Life is it is typically not a better investment than many other things, like index funds, which are also infinitely easier to manage and obtain. Whole life is also typically not cheaper life insurance than Term life. That said, it’s not straight up awful. It’s just typically not better.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 …

The TSP website, which is surprisingly functional for a government website, offers lots of helpful information on their Forms & Publications page. The TSP also has a Twitter handle: @tsp4gov. r/personalfinance: Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF…. 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. Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. That’s to ...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.It so far is better than using Mint and Personal Capital, which never updated my credit cards and was hit or miss for updating my retirement accounts. LevKaz08. •. KMyMoney is another free software. More replies. cwazycupcakes13. •. …Can be anything related to finance - personal finance, banking, financial education, investing, etc. but just top 3. UPDATE: I did a count (by mentions not by number of upvotes) and as of 24/03 00:00 the leading apps are: Bank: r/monzo and r/StarlingBank Saving/Investing: r/MoneyBox - also the most mentioned app Budgeting/Planning: …InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market N...20 votes, 29 comments. true. I like Alliant Credit Union and Ally Bank because both offer the usual benefits of high yield savings and free checking, but what sets them apart from others is both have high mobile check deposit limits ($100K/day with Alliant and $50K/day with Ally), high ACH transfer limits and fast 1 business day ACH transfer times.

6) Now you wanna take the car out for a test drive. 6a) Make sure the car starts without any issue. You can be a little lenient if it's under 60 degrees or so, since cold starts can be tricky even for new cars. Starting issues can indicate either battery being too weak ($50-100 fix) or the ignition system ($500).

Best is YNAB + Spreadsheet. I use YNAB to track the day to day. But use a spreadsheet to track the larger picture stuff, such as retirement savings progress, spending trends, etc. My spreadsheet is really about tracking retirement figures though. Scarovese. Chase Sapphire Reserve and Amex Platinum are generally viewed as the best cards if you travel and have a reasonable spending level. Discover It is another one that’s great for a beginner, they approve most people and the rewards are decent if you keep track of the rotating categories. Amex Blue Cash everyday card. 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. 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.Nov 16, 2022 ... United States / General · /r/personalfinance · /r/financialindependence (Financial Independence / Retiring Early) · Personal Finance wiki &mid...Aug 7, 2021 · But Reddit, a user-generated online forum, hosts numerous personal-finance communities brimming with far more sound advice than the risky trades promoted on the popular and often crude r ... 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.Dec 23, 2022 · 0% to 2.5%. Invest in private market. Evolve your portfolio beyond just the stock market today. Open An Account. Turning to Reddit for specific personal finance advice probably isn't the best idea ... Oct 7, 2023 ... For example, you can try putting money in simple and safe instruments like 5% APY CDs that mature in 6-12 months. You can move the $25k into a ...

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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. Jake_NoMistake. • 2 yr. ago. I never think personal loans are worth it. It makes your financial life less stable. Save the money and move at the speed of cash. Besides, it will be fun decades later to look back and think about the crappy furniture you had. Tactical_Boom3. OP • 2 yr. ago. Sorry for the late reply!Sep 5, 2023 · For instance, r/PersonalFinance, and r/Budgeting are examples of subreddits. Upvote/downvote: Readers have the chance to rank certain content with an upvote or a downvote. Karma: To help content creators, Reddit has devised a point system or “Karma” to help get more of the popular content out there. The points are given based on upvotes. Personal Finance is a subreddit where users discuss saving, investing, retirement planning, and other practices connected to money management. It is the largest.Aug 7, 2021 · But Reddit, a user-generated online forum, hosts numerous personal-finance communities brimming with far more sound advice than the risky trades promoted on the popular and often crude r ... For instance, r/PersonalFinance, and r/Budgeting are examples of subreddits. Upvote/downvote: Readers have the chance to rank certain content with an upvote or a downvote. Karma: To help content creators, Reddit has devised a point system or “Karma” to help get more of the popular content out there. The points are given based … 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. 4.3K Online. Now that we understand the basic mechanics of how Reddit works, let’s now explore 10 useful reddit personal finance communities. 10 Incredibly Useful Reddit Personal Finance Communities 1. r/PersonalFinance. Community Size – 14.8M Members. If you are looking to boost your overall financial literacy, this is THE place to go.Daily.dev has raised $11M to help software developers connect, share knowledge and discuss all that's happening across their ecosystems. If Reddit and Stack Overflow were ever to c...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... ….

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: laziestindian. • 27 min. ago. Leasing rarely wins out in a financial sense, especially with current interest rates. true. 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.r/personalfinance. • 2 yr. ago. Tactical_Boom3. Personal loans- are they worth it? Debt. Are personal loans worth it in the long run? My girlfriend and I are moving apartments and are …Aug 7, 2021 · But Reddit, a user-generated online forum, hosts numerous personal-finance communities brimming with far more sound advice than the risky trades promoted on the popular and often crude r ... Hey r/personalfinance, . I'm in the process of looking for a personal loan for myself, and I thought I would do an update to my original post here: List of Low Interest Personal Loans Again, I'm hoping we can create a consolidated list for low-interest personal loans.Roth IRA That means you only invest $7000 for the year and pay $1500 in taxes. Since you are willing to pay taxes on $8500 I will use that as the base. I would open a traditional IRA. Put $7000 of tax deferred money in. $8500 - 7000 = $1500 you will pay taxes on. Call it $300. $1500 - 300 = $1200 taxed dollars to invest in a mutual …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.Roth IRA That means you only invest $7000 for the year and pay $1500 in taxes. Since you are willing to pay taxes on $8500 I will use that as the base. I would open a traditional IRA. Put $7000 of tax deferred money in. $8500 - 7000 = $1500 you will pay taxes on. Call it $300. $1500 - 300 = $1200 taxed dollars to invest in a mutual …3% at One Finance. No limit, but funding the 3% account is limited to 10% payroll/benefits direct deposits, up to a maximum of $1,000 per month. 1% at T-Mobile Money. No limit or requirements. HM Bradley is going to be the highest rates, but with new, extremely high, hoops to jump through starting Feb first. Personalfinance reddit, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]