seeking advice

Hi all! I’m hoping someone can help me, since I’m ignorant on this topic. Last week I was on holiday with my hubby and my in-laws. Once we arrived at our destination, my MIL excused herself and said that she just has to do something on her laptop. She excitedly explained that she has started...

I'm looking for general insights or advice into my current income v. expenses. Background: I am a government employee (currently a GS9 with GS11 expected by EOY). Currently living an hour away from my workplace with a low income partner. I have prioritized heavily paying off my student loans...

Growing up we were ‘working class’. Our bills were paid, we took one family road trip every summer. We were comfortable in our LCOL area. I’ve worked hard and make about $60K + free housing in a HCOL area of California. My parents are the ‘put your money in the bank’ type. I know for my...

I currently have a Renault Duster 1.5, 2017 model. It will be paid off by next year June. I would like to be without vehicle debt and the monthly "extra" I will have is about R5500. My concern is though, Renault has no resale value. I bought the car in 2017 at R300 000 and it is already at only...

I thought I’d post our current situation and get some feedback on areas of weakness or places we should improve. Profile: 30M, married. 1 child (9mos) planning 1-2 more within next 5 years. Income: $96k, 100% work from home. Wife stays home with children. Assets: Home: $250k value, $175k...

I’m a 52F planning to retire at 70 so I can take the maximum social security when it’s time. Since I’m in the 22% tax bracket, I want to make sure that I’m mitigating my tax risk. Currently, my retirement contributions are as follows: 15% into a traditional 401(k), employer matches 50% of...

Hi Thanks in advance, As the title suggests, i need some advice on my repayments. I have three credit cards with the as tabulated below:- CC A: Installment balance 1800 (monthly is about 200), Zero Outstanding balance. CC B: Installment balance 2800 (monthly is about 500), Zero Outstanding...

Here is our obligatory Sankey: https://i.redd.it/6p6iwwniqtkc1.png Background: My wife and I just had our first baby, and she is planning to stay home with him until he goes to school - so probably for the next five years. I am obviously so grateful that we are fortunate enough to be in the...

I’m looking for some advice here. I’m a Special Education teacher by profession but currently working in an education adjacent role, finishing a different certification. I’ll be finished in May 2025. I’m considering going back to the classroom and working the new role part time. It can be done...

My husband (31) and I (30) have been in our starter home for a few years and want to start saving for our forever home with a goal to move in the next 5-8 years. Where is the best place to put this money as we start to save? A high yield savings account? Brokerage fund following the s&p or...

27m, single making $100k income living in a Chicago. So far I have $10k in savings and $25k in my pre tax 401k. My issue is I’m torn between maxing my 401k and saving for a condo or house. I don’t really have the desire to own as I don’t see that much of a benefit since I don’t plan to leave the...

Hello Everyone. My Inlaws sold their Seaside home and moved back to the City. They want to Invest R 1 million for a period of 3 years. Crucial that the money keeps value and good growth for the 3 years. What funds can they invest in? probably also a fund that can payout dividends?

I (23M) am on track to save ~$15,500/yr above and beyond what's required to max out my 4% 401(k) match, Roth IRA, and Health Savings Account (HSA) - budget pic below. I'm not sure what to do with the money. I could: Dump it into my 401(k) - regular or Roth - to get ahead on retirement savings...

Im 41 F, divorced, one child in college and live in a lower cost part of California. I own a home that I bought Jan 2023 with a 2/1 buy down. Payments will increase from 1850 to 2150 when the buy down is over. I’m in a somewhat strange situation due to the fact that I was a government employee...

Good morning, first time poster long time reader. Been reading about retirement and age stuff saying at xx age you should have xxx% in retirement and am starting to worry about my financial help. About me: 32 y/o 2 children and a wife working as an FSE in a HCOLA W2 96k Other income 30k non...

My partner and I have been together a long time. Our earnings have always been shared. There is no ‘my money’ and ‘his money’ it’s all our money. Currently, I earn $170k p.a., and he has just started earning $100k p.a. We have debt, expenses, and a mortgage. I manage our finances and we live...

Good afternoon everyone. I'm still very new to investing and was hoping that someone could assist me with the following questions: Why would someone invest dollars into an ETF (e.g. Vanguard S&P500) if there are South African/ZAR equivalents that tracks the same index, thus yielding more or...

I 27M would like to know if it's worth it to buy a car or to take in on rental subscription like the kinto one from toyota. I am fairly an indoor person, I gave up on drinking and smoking 5 months ago. my workplace is 15 minutes away using public transport which cost me R700 monthly and I use...

I live in a small town and stay home, so my fixed monthly expenses aren't that much (approx R 2 500). Every month I invest about 2 000 towards my Easy Equity TFSA and 1800 to my emergency fund using Tyme Bank. I spend between R 500 - 700 monthly towards electricity, bread, milk and other...

Hello everyone, I have a 2019 Polo Vivo Comfortline, my father and I bought the vehicle together in 2019 and he was assiting me with the payments, he however passed away in 2020 due to Covid. I was left with a vehicle in his name that i was driving. Long story short, i bought the vehicle out...