finance

Hello Japan Finance gurus! In the following situation, I am wondering how taxes would work: Citizenship: Canada Residence: Japan Employment with (1) a Canadian company, (2) a Japanese company. Income from (1) is paid to a Canadian bank account. Income from (2) is paid to a Japanese bank...

Title should have been individual vs business I am waiting for a response back from TD if they ever respond back. The recipient I am wiring money to has a business account managed by the Small Business Service center. They said that even though it's a business account it's held by an...

(TLDR - The best thing you can do financially when shopping for a car is to buy a reliable used car) If reading isn't your thing, here's a video I made covering the same subject Buying a car is an important financial decision, which is why it absolutely never makes financial sense to buy a new...

Hi everyone, before jumping into it, here's some context. I'm a single Chinese guy that's close to 30. I've got no debts, really just driving an old hand-me-down car, renting in KL. I'm currently working in one of the top consulting firms for my specialty. I'm currently deciding between these 2...

I’m currently in my second semester of my freshmen year of college and I feel behind compared to the people around me. I have a son due in in early June and I’m struggling to see the other side. I’ve been blessed to have my mother pay for my 4 years completely so I know I won’t ever have to...

Hello guys. I am an NPS Tier-1 subscriber via the NSDL Protean portal. I want to switch my PFM and make it look like the following: (1) ICICI Prudential Fund Manager for Equity - 50% (E) (2) HDFC Pension Mgt. PFM for Corporate - 30% (C) (3) LIC Pension Fund PFM for Government Securities - 20%...

Dear all, Long time follower of the sub, I would like your opinion on the following situation. My partner (32F) and I (29M) live in Switzerland and are putting money aside. We looked at investment options (banks, robo-advisors, etc...) and came across the Boglehead approach and decided to take...

Morning all. I’m currently working remotely/ online as a freelancer. I do also have a few businesses as well as an online business which are slow and have not yet taken off. None of my businesses are registered yet and all currently trade under one/ similar names. I’d like to find out if it...

Howdy! I have just maxed out all three accounts for the year and I will continue to contribute the maximum amount to a defined contribution plan at work on an annual basis, plus a HISA. I’m single, currently rent in Quebec, do not have any debt or any dependents and travel quite often for...

I've recently come across the Lifestyle Creep term, and I think most of us suffer from it to some degree. Of course, the more money we have (a raise, a bonus at the end of the year, an inheritance), the more inclined we become to spending money, which then contributes to our lifestyle cost...

Just starting out with researching HSAs—what’s your best advice? Hi all 👋 I am in the beginning stages of working through the prime directive steps from r/personalfinance and have now gotten to the HSA step and it seems like quite a learning curve on this one. I’m a federal employee and I...

My apologies if this has been covered before, but I've searched the wiki and in general as best I can without any clear answers. I'm retired US military and now a PR (via spouse) for less than 5 years (5 years seems to be an important milestone in my reading or my misinterpretation). Is...

Assalamu alaikum all, I'm fairly new to investing and would like your thoughts. I've been doing a lot of research about the criteria for making stocks shariah compliant, and while I don’t want to say scholars that have studied and come up with these criteria are wrong, it just doesn’t sit right...

Assalamu alaikum brothers/sisters, I am about 40 and I have only saved about 100k in cash. Now wondering what would be the best option: Amanah doesn't offer custom portfolio unless the initial deposit is 1m. There are income ETF and growth ETF. So if we are choosing growth option (which is...

Living in Los Angeles, since 2022 I worked a bunch of jobs, 1099 apps and temp gigs agencies. No health insurance either. I made like 28k from the 1099 apps doing catering work and about 2-3k from W-2 agencies that didn't withhold any tax. 2023, I wasn't doing financially well so I didn't pay or...

I have a rental property with the same, excellent tenants in place for a decade. They pay me about 50% below the current market rate, which has been enough for me to cover the mortgage, and I've o my increased the rent (by a small amount) once in the entire period. There's a tracker mortgage on...

Wise banking which we used for 6 years with zero issues, out of nowhere decided that one of my businesses - video game services, is not allowed per their T.o.S, and has closed all my accounts with all my savings and available money. Not just one business, but all my 5 different small businesses...

I just retired this month and I am trying to figure out how much money to withhold from my retirement pay for Federal taxes so I don't get a surprise at the end of the year. I live in a state that doesn't tax military pensions. I also have two children. My situation is as follows: Myself: -...

I posted this in a response to a comment on another subreddit but the OP was a bot I guess and their post was removed. I figured this is an important enough lift to share with people to also post it here in its own topic. Anyway here is my list and I look forward to seeing what others come up...

Dumb question. I'm currently navy. I'm starting down the barrel of a continuation pay(CP) Bonus. I understand that there is a 4 year requirement to get the max amount. (I don't know what the full amount is as the navy instruction does not clarify but I know it's between 2.5-13x my base pay.) I...