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@abaddonthedestroyer The army has an emergency relief organization https://www.armyemergencyrelief.org/ Your husband can also get a career starter loan that can help through USAA as newly commissioned WO. He can consolidate his debt. The interest rate for the loan ranges from 0.75 to 2%.

@deanie Take a look at VYM.

@ari3l654 You can open a Roth IRA. https://www.hrblock.com/expat-tax-preparation/resource-center/income/retirement/what-are-the-rules-on-iras-for-u-s-citizens-living-abroad/amp/ Put most of your savings in a HYSA. Individual Brokerage Account: ie Vanguard ETFs- VTI, VOO, VTSAX, VUG, SPY...

@milo For me, it’s just an irrational fear of losing my job where I need to sustain myself for over a year or having my vehicle totaled, and I need to purchase a vehicle ASAP.

@jesussaves7763 Ideally around 6 months for an emergency fund. Anything more than that should be used in an investment vehicle unless there’s a large purchase soon. I don’t have any large purchases in the near future.

@jesussaves7763 Just a smidge under six figures.

@jesussaves7763 Having too much in my HYSA.

@audastic I would first recommend you join r/FIRE. (Financially Independent Retire Early subreddit for all the different nuggets) You also qualify to join the r/FATFIRE as well. How much do you need to “soft” retire? They call this r/BaristaFire At $150,000 per year in expenses and using the...

@werise55 Standard Blueprint: ⁠⁠⁠3-6 month Emergency Fund HYSA ⁠⁠⁠TSP deducted from your paycheck automatically ($23,000 limit for 2024) ⁠⁠⁠IRA ($7000 limit for 2024) Traditional means pay taxes later or pay taxes now (ROTH) ⁠⁠⁠Individual Brokerage Account: ETFs- VTI, VOO, SPY a...

@werise55 Yes you can

@billyherman45 If you cutdown on the eating out, then it will be fine. Also, if you have enough in your HYSA, switch more of that $445 into something else. Maybe reduce down by 50%

@resjudicata The Bay Area is expensive. That’s why they need a household gross income of $258k to make it.

@jesussaves7763 I was lucky enough to have my parents support me. I was able to earn several scholarships and have no student debt. What you are doing is helping your child provide the best probability of entering a competitive college or university. I don’t see an issue with this decision.

@godwilling One reason why you want different accounts at different institutions is because of the federal government insurance. The insurance covers $250K.

@bolfun4k You don’t have an MOS where your loan can be covered by the DOD?

@aletheiapraise You guys should have enough and start looking at 529 plan for your child’s college.

@aletheiapraise How much do you have in savings and in investments?