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Help! Mom claimed an unclaimed mutual fund Need some advice please. Little back story, then on to my question. My mom started mutual funds for me and my brother when we were younger and we were just recently informed of this. My mother received multiple notifications through the mail and by phone, stating that she had some unclaimed mutual funds under her name. So she contacted the perso…

Why should I not consolidate debt into a home equity loan? I think I’m just misunderstanding how it works. I have ~$10k in credit card debt being charged ~21-25% interest across three cards I’ve paid $5k on my mortgage loan (17k in interest in two years), and $40k was the down payment, so I have ~$45k in equity right? When I started typing this for some reason I thought what I take out would become part…

Mid 20’s new to money, looking for advise I’m a Master’s Student, and I’m going to be earning money for the first time this summer (~40k pre tax), I also have ~8k saved already. My savings are in an HYSA earning about 4.5% APR. I use cash back (~2% back) credit cards for all purchases. I have a credit score in the 760s. I have no idea what I should be doing with the money, what’s the be…

Can someone tell me what is adding up to $6,100 for my dad’s funeral? So we’re having a viewing and a service. Viewing is 1.5 hours and service is 30 minutes. They’re embalming for the viewing, then cremating him, and they also picked up his body from the medical examiner. They don’t have a breakdown of charges on the receipt. It just says $5,790 for “dignified rememberence” and $195 for embalming (although the di…

CC Debt 13k at 28% vs. 13k loan at 9.5% AP This might be a stupid question but here goes. I have 2 credit cards which total $13k with 28.5% APR. I am able to pay $2k a month until they are paid off. I also have the ability to pull 13k from my 401K from fidelity like a personal loan to myself at 9.5% APR. Should I: A. Focus on paying the Credit Cards directly at 28.5% apr per year or …

Fraudulent check advice – who is liable? My family has a small business. One of our employees lost a check and we put a STOP payment with our bank on the check and re-issued a new check, that he cashed. Not long after, he found the original check and took it to ACE Express bank and cashed it there, despite knowing that the original check was stopped. ACE Express requested payment from …

Chase Freedom Flex vs Unlimited I’m researching credit cards and I’m confused between Chase Freedom Flex vs Freedom Unlimited. Most of my spendings are groceries and fast food. My rent is paid with my checking account. Which credit card should I get? Both of these cards seem good. Flex gives 1% cashback while Unlimited gives 1.5% on every transaction. Also, this will be my fi…

What to do with old HSA + HSA Brokerage? Live in CO. I have money sitting in a previous company’s HSA account (Wex) that I need to roll over to my current HSA. This seems like a straightforward process, however I have a HSA brokerage account (Schwab) tied to the Wex account. In order to close the old account, I’ll have to first liquidate all of my holdings in said HSA brokerage account…

Roth 401k and the Rule of 55 submitted by /u/PoliPino1977

Mom Claimed Me As Dependent at 21y/o My mother claimed me as a dependent, and I’m guessing she has been claiming me as a dependent since I was 18. I moved from California to Missouri when I was 18 and haven’t been under her care since I was 16. I haven’t had the money to be able to pay my taxes ever since I turned 18 because, for the most part, I’ve done sole proprietor jobs, and …

Old credit card debt My mother has some credit card debt from over 7 years ago that I just found out about ($60k total across 6 cards). She has not made any payments towards them and they have gone to collections and honestly I’m surprised she has not been sued for the debt. I recently read about statute of limitations on debt (we are in Texas). She has not looked a…

Most User Friendly Brokerage for Roth IRA? Hey friends. I’ve had a Roth IRA at Vanguard since 2016 but I find the website to be infuriatingly clunky. After watching some videos by Steve from Call to Leap, and TD Ameritrade looks way easier to use! Any opinions/options on user friendly online brokerages? Thanks! submitted by /u/LaterBloomz

Difference in bonus and salary Hi! I saw that bonuses are withheld at a higher rate than your salary, but ultimately end of the year you get the same amount as if it was a raise. If someone is making 125k salary, and gets a 10k bonus, is their take home pay that year the same as if they were making 135k base salary? submitted by /u/Middle-Platform2210

Credit card keeps offering me $250 credit if I spend $1,000 One of my credit cards has done this offer 4 times in the last 8 months, it feels like an insane deal. I just keep placing online pickup orders for items from Lowe’s which counts for the “online purchases” requirement. I just bought a house last august so the renovations are being done pretty much every time I get this offer. I pay off the card…

Buying “Share Awards” in my company Been offered the opportunity to buy 5k worth of shares which upon hitting the “exit valuation” are estimated to be 245k worth (49x multiple) but if I leave the company I pretty much forfeit those shares I bought since there is no secondary market. Obviously all estimations are given as an illustrative example with no certainty. This is an establ…

For the recommended 15% towards a 401k, does that include the employer’s match, or is that strictly what I should be putting in? Basically the title. My company matches 5%. So for the recommended 10-15% from what I’ve read (that’s kind of a big chunk, is it really that high?), do I put in 10%, company matches 5%, and the “total” comes to 15%? Or is that 15% purely on me putting that in? submitted by /u/Trick-Day-480

Which job do I take? Hi 26F who just got 2 job offers, job A is fully remote and job B is fully in office. I’m not sure which one to take, job A is secure financially, job B is a huge risk career wise since I don’t want to be type cast to only working with companies of that same nature. Job A: -75k a year -22 days PTO plus holidays -4% 401k match -Fully remote with …

What is the best way to pay down my debt I am a 23 year old making 82k in a MCOL city. I currently have 30k in Sallie Mae loans & 15k in federal loans. My rent + utilities are $1760 and I have a car payment of $475 per month. I’m considering the avalanche method but I’m not sure if anyone has any other advice, thanks! submitted by /u/173140

How much car should I buy? I have roughly $50k to my name. Make about $60k a year. 28 years old and would like to buy a house in the next couple years too, but also need a car. Have been biking to work recently and it’s just become too much. Haven’t owned a car in a few years. Is putting $25k towards a used Toyota too much? I’ve been looking at some low mileage Rav4s and …

Insurance for driving a parent’s car across states I am buying my parent’s car that is currently in a different state. I would like to drive it back to my home state before transferring title, insurance, etc. I currently carry a policy without collision- if something were to happen, would my parent’s insurance cover the car or do I need to be added? submitted by /u/Mirp01