financial planning

I’m 18. I’m planning on starting online community college for 2 years before transferring to a university. I have $5000 in my HYSA (that’s my only bank account.) I work a full time job making about $2,700 a month (after taxes.) with my bills taking about 70% of my income. Leaving me about $750...

I’m a 19 y/o college freshmen looking for some advice. For context, I have around $850 in my standard chase checking account and just about $7,500 in a regular chase savings account. I’m enlisted in the Army National Guard and currently doing part time service one weekend a month. I make just...

Seeking some advice on current personal budget breakdown as I feel I live very frugal, however, I just cannot wrap my head around how a single person with a dog needs $100,000.00 a year to just live??? Salary [AU] $100,000.00 p/a + super Fortnightly take home pay: $2,932.04 Fortnight expenses...

Hi there, Please advise a plan to kill my debt. I am 43yo and a single earner in NJ making around 142k before taxes. The only contribution that's going out of my paycheck is 150$ for 401k with a match of 250$ from my comp, plus around 500$ goes in ESPP (15% discount). I've saved around 10k...

I’ll try keep this short. I’m currently 19 and have 60k saved up from penny pinching since youth and working long days. Currently I’m making ≈$23 hourly working ≈45 hours weekly. I don’t really like the job I’m at but have decided to stick to it at least until I turn 21 by which point I should...

Saving obsession As the title says u feel like I’m obsessed with saving most of my money. When I get a paid half goes to savings and investing. I usually give myself around $30 to spend for two weeks. Is this a problem, since I don’t really spend the money I make. The other half is used for...

Details on financial situation below. Spouse and I (32 & 33 years) got a couple kids young kids. Recently received an inheritance of $180k which I put in to a savings account. Additionally my spouse has about $140k sitting in an account that is being managed by some group, don't have any more...

Obvious throwaway account.jI’m completely overwhelmed.my father recently passed and left me a huge inheritance without much preparations he never told me how much he had but always joked about me one day having to deal with “all his shit” problem is I have no idea what I’m doing. I know I should...

I graduated uni a year ago and started working just after. I’m 23m and would love to buy a house/townhouse in the next 2-3 years if possible. Maybe earlier if I get a good bonus this year. Would it be stupid to save as much as possible for this or should I start maxing Roth IRA Currently I’m...

The math is not adding up on this student loan I have accepted. It is a 15 year loan of $10k at 10.24% (9.749 APR). The "finance charge" is above $16k, though? This number seems arbitrary and super high. Even if I pay this off early. There is a deferment period. I have another offer for the...

Can we both contribute $6000 each towards Roth IRA for tax year 2020? (We got married during the lockdowns in a public park with 2 people in attendance. 10/10 decision tbh) Guessing anyone is fine for Roth IRA among Schwab, ETrade, Fidelity etc. from the wiki. Can we use 1098-T for tuition...

I make 25,000 a year before taxes. I am able to save 8,000 a year. I’d like to invest 6,000 throughout the entire year. Saving 2000. Currently have 18,400 invested. 14,300 in apple and 4100 in palantir. I’m looking to keep on adding to Apple throughout these years. The rest of the 6000 will be...

I have ~$10k in CC debt with half of it on a 0% APR card I balance transferred to in Oct. 2023 The other half is on a card with 25.42% APR. Should I get a $5000 personal loan with an interest rate of 14% to pay off that high APR card? I already automatically deduct money into my retirement...

Hi, I received an 1099R from doing an inplan roth conversion from traditional 401k to Roth 401k. There is code G however no taxable amount. I believe this is an error. However if this is not corrected, how would the converted amount be characterized as if I were to withdraw it down the road...

I need serious help with a monthly compound interest formula. I've been up and down the web with no luck. All I've found is a yearly compound interest formula with no option for monthly calculations. I can do it manually, but its laborious and time-intensive. What I'm doing right now Compound...

Hi folks, first time poster so go easy on me. I work a 9 month teaching position and until now have gotten my salary split over 12 months. Should I go ahead and get my salary over 9 months instead and sock the "extra" each month into a hysa? I'm good at budgeting so spending it before the summer...

Hello, I filed my 2019 taxes with H&R block in person with a 'tax professional' before the pandemic. I have already received my federal and state refunds. However, H&R block used their routing number on my 1040 for the direct deposit. I'm guessing they received my refund, pulled their fees from...

I have a bachelor in writing and a master in public administration. I just graduated in August Last year, I quit my job as an after school coordinator because I was overworked, not growing professionally, and wanted to give more time to my final semester at school. I was lucky enough to find a...

Hello, I am 17 years old in grade 11 from Canada looking to invest my money. I started a business when I was 13 buying & reselling and currently have 60kcad in my bank right now. RBC student banking gives 1.7% interest rate a year, which is where all my money is sitting right now. I don’t need...

I have been frustrated looking for a retirement calculator/prediction that includes both 401k and ROTH accounts, rather than comparing them or lumping them together. Too much time on google sheets later, I think I have one that works! It allows variability of income, age, investment...