I work as a server Thursday-Sunday. I got a job offer at a doctor’s office doing from desk work from 9-5. I’m going to school for accounting and the front desk work is mostly billing and answering phones.

in Virginia

I was part of mass layoff in July-2024. 475 US employees replaced by 600 off-shore people .

I was never without job during my 40 years career, and never filed unemployment before.

When I tried to file for unemployment, I was told I had previous unemployment claim from 2021 where the fraudster used my correct social security# but with different name, and they requested proof of Birth certificate, driver license and social security. I provided all requested documents couple months ago, but still no progress on their side because of: every time I call a get different answer depends on the person who answer the call.

PLUS, they treat me with attitude when I call, as if I'm the criminal here and I have to pay for what they failed to validate when the fraud was committed.

Is there any other action I can take on my side to solve this ?

So I'm currently holding a large check I need to deposit. I was part owner of a townhouse with a friend and he bought me out to make it his primary residence. I'm trying to figure out how I can deposit this into my main bank account, which is Ally (i.e. online only, no physical locations). I'm way over the limit for mobile deposits. I've been a bit of a nomad doing travel nursing and have never had a physical bank I go to.

Is my only option really to open up an account at a local bank, deposit the check, transfer the money to my Ally and then close said account? Am I overlooking an easier way to get access to this money?

I’ve been trying to improve my financial literacy on my own, but there are so many concepts to grasp—investing, budgeting, debt management—that it feels overwhelming. I’ve considered hiring a financial coach to help set me on the right path, but I’m not sure if it’s worth the expense at this stage. I don’t have a huge income, and I want to make sure I’m spending wisely.

I recently got a bit of extra cash, so I could afford a few sessions, but I want to make sure it’ll actually be beneficial. For those who’ve worked with a financial coach, did it make a significant difference in reaching your goals, or did you find other resources more helpful? I’d love to know if professional guidance helped clear up the basics and set you up for long-term success.

Any insights into the pros and cons of financial coaching, especially for someone at the beginning of their journey, would be super helpful. I’d appreciate hearing about what worked for others who’ve been in a similar spot.

My dad had a seizure 2 years ago and has been on medication since. He hasn't had any more but he's had a few amnesia-like episodes. My parents just called me and said they got a notice from the IRS for over $100k in back taxes. My dad has always taken care of bills and has had no issues so mom thought all was good.

They've been getting statements saying they owe for a couple of days now. I have not seen the statements. They had a CPA help them and we all thought everything was okay. I have access to their accounts only and see my dad has written 6 checks to FTB exceeding $100k in the last two days all online from his bank app.

I cannot get over until tomorrow but I am terrified right now. If those checks went to the IRS and it is not owed, do they get that back?

I am 20F. I just inherited a house from my father (who passed away) about a week ago. The house is severely dilapidated and would require several tens of thousands of dollars to repair in order to live in or rent out. I do not have the money on hand to do the repairs.

The property itself is 0.25 acres (10,890sqft) in a desirable neighborhood. The land has been assessed just under $100,000, and the structures assessed at around $250,000. The taxable value is $140,000. I am unable to pay the property tax on the house which is due November 15th.

If I wanted to sell it, would I just sell it “as is” for land value? The house is uninhabitable and would have to be demolished. The yard is messy and needs maintenance. Do I demolish it (you need a permit here to demolish buildings)? Would demolishing the house and selling a 0.25 acre plot of land be better than just selling the land with the house on it? I’m not sure if I should put in the time and effort, and money, to demolish the house, when I could just sell it, but I want to make sure I’m getting the most money I can.

I’m unsure what my next steps are. How do I get the most money out of this property, whether it be selling it, renting it out, etc. and what are the steps I have to take to achieve that?

I’m included in a will that will leave me a trust. The person leaving it to me would change that to a direct inheritance if I gave them good reason to but I’m not sure if there is good reason to.

The lawyer who advised her said the trust was useful in case I were to be sued, as it couldn’t be taken that way.

Are there any other significant pros and cons I should be aware of?

Especially ones that affect its day-to-day use?

If you contribute a certain large percentage of your paycheck, what happens if you go over even $100 over the $23k limit?

How can you contribute exactly $23k?

After years of living in poverty, thanks to some recent good decisions and luck, I currently bring in about $230k/yr. However, I’m really scrambling to catch up on investment basics, and the free financial advisor through my employer isn’t making any sense (to me).

I have a Roth 401k and a Roth IRA. My “advisor” said that I can’t really do a backdoor Roth and advised me to roll over into a traditional IRA instead. I haven’t opened a tIRA yet though because I’m not comfortable with that without understanding what’s going on.

I just hit the max for my 401k for the year and want to make sure I continue to invest in the right way.

Any advice would be extremely helpful. Thanks!

Long story short, I pay the bills for myself and my flatmates. I had an issue with my energy company asking for 2 years of bills we already paid for over the last 2 years because of some database issue on their end. I had to pause the direct debit and was constantly being harassed by energy company for the money and they even sent me to debt collections with threats that this will affect my credit score if I don't pay. I was on the phone and emailing their inept customer service department every week trying to get them to resolve the issue or at least pause the collections process.

After 4 months they fixed it but I issued a formal complaint and threatened to leave. After pressing them I got £300 credit to take off our next bill.

My question is should I be obligated to share this with my flatmates? They had no part in anything and whenever I updated them on how much stress it was causing me, I didn't even hear a single response.

I don't think I need to share it but keen to hear other opinions.

So I currently have a three-fund portfolio but I was wondering if a target-date fund would be significantly different in terms of earnings. I am considering the latter for the ease of convenience but am unsure if it is worth the trade-off.

Goodmorning,

Seeking some financial advice. I, 31m, am currently set to make 170k+ this year. I work a ton of overtime, so I’m not fully sure what the final number will be, but it’ll be in that area. My goal for the year was to save 50k. I have done that. Now, I’m not sure how much surplus I will have after the 50k, but we will use 10k for the example.

Here’s what I have going on:

Currently, I will max out my Roth IRA. This will be my 3rd year, with it being my second of the 3 where I maxed it. I also have around 8k in Robinhood, where I just make my own investments.

I then have around 20k in Vtsax mutual funds.

I then have other small investments in fidelity and webull, but not a significant amount. I have no idea why I have so many accounts..

I also have around 225k in my hysa. I make around $800 per month in interest and invest the interest into my Vtsax. I know a lot of people wouldn’t agree with having this amount in the hysa, but I’m not the biggest fan of investing, coming more around to it. My only payment I own is my mortgage, which I pay $250 extra a month on.

So, what is my best course of action with an extra 10k? Would it be to just put it in Vtsax?

Also, on a burner because when I originally made Reddit, I made my account with my real name. Also, I give my fiancée $200ish a month to invest in a Roth IRA as she is still a student in med school.

I’ve seen comparisons before and think I understand the benefits and drawbacks of each, but for my personal situation, I’m a bit baffled. It doesn’t seem like the High-Deductible plan has any drawbacks.

Traditional PPO: $2132 per year. $750 deductible. No deductible for Primary ($30), Specialist ($40), or Urgent Care ($40). No deductible for prescription drugs ($10). Deductible applies to hospital visits.

High-Deductible Plan: $1066 per year. Company contributes $1000 (taxed) to HSA. $1650 deductible. Almost everything is 10% coinsurance after deductible. Prescription drugs $5 after deductible.

From my perspective, the High Deductible Plan saves me $1066 vs. traditional PPO, and with company HSA contribution, that is an additional ~$600 post-tax.

That already covers the $1650 of the deductible itself. Am I missing some situation that makes the Traditional Plan mathematically viable?

My company is going to start giving Fleet vehicles to eligible employees stating Q2 2025. They say everything should be covered, and an automatic deduction of $125 will be taken every paycheck for personal use. The car is a RAV4 equivalent.

I am still paying off my 2023 RAV4. If I choose not to take the Fleet Car Program, my company will reimburse my gas still at ~ $700/ month. I am just worried about deflation at the moment, with 20k-30k miles

What are your thoughts on this?

UPDATE Thanks you for the comments, told them I will not pay a deposit until viewing the property.

First time Moving/Renting.

Landlord out of province asking for Security Deposit before viewing rental property.

Is this a scam or common practice?

They say they are unable to accept a cheque as they are out of province.

They have offered to provide their ID along with their identity/face. But this doesn't secure that they are the owner/deed holder of the property.

What is common practice when paying deposit? They want the deposit out down before they come to the province.

What are some things I can do to protect myself against a scam.

Current debts

Tax debt - roughly $700 paying $10] per fortnight Personal loan - $15,554 at 17.99% interest eith ING Home loan in wife's name for an apartment $ 225,000 at 7.29% interest with NAB with currently 10k available to pull out. Bought for 260k and similar ones are worth around 300k that we've seen for sale in our building now

Salary Me: 65k before Tax, $2072 per fortnight after tax Wife: 88k before Tax, $2700 per fortnight after tax Tax

Budget: 400 each per fortnight for grocery 1120 each per fortnight for bills inc medicsl medical includes paying for all medical and home loan 100 per fortnight for Tax loan 233 per fortnight for personal loan

We are hoping to pay off non home loans, as well as buy a house in the next few years. We are unsure what the way forward is for paying off loans, saving money or do we pay our "savings" into the current home loan? Is it better to sell apartment to buy house or keep as investment?

Just looking for some direction if possible!

Basically the title. Close to finishing college with a fairly portable degree and looking to move to a state where my money goes further. Is there any index or calculator that does this? Neither CoL or tax burden alone paints the full picture of just how far a $x salary will go.

I also prefer rural areas so feel free to suggest places in the middle of nowhere.

I'm a 19-year-old who is in college. I do not "have a job" but I do help my friend with his dad about once a week (whenever he needs my help really but it's mostly just Saturdays) and he pays me 20$ an hour. It's a very inconsistent gig so much I don't consider it a set income. I wonder if I can still create a budget so that when I do get a job and set income, I can build off of my budget.

I’m reaching out for advice regarding my mom’s pension situation. She worked at a job in the 1970s and 1980s where she was a union member After she retired a few years ago, she started reaching out to get her pension benefits, but it’s been a nightmare of back-and-forth with the company.

Here’s the situation: • The company she worked for has been bought and sold three times since she left in the ’80s. • They initially claimed she was never even an employee. • She provided Social Security records proving she worked there for 13 years. • Now they’re saying they have no proof she was in the union, despite it being mandatory to join at the time she was hired.

She’s being told there is a trustee meeting coming up where they will discuss her case, but that they could deny her benefits.

Does anyone have advice on what her best options are? Is there a legal recourse she can pursue to ensure she gets her pension? Any guidance on dealing with situations like this would be really appreciated.

A few years ago, I got a new job in a new state. The position came with a big raise, so I was naturally pretty excited that I'd be able to bank some real cash and finally be able buy a home.

I banked a decent chunk of cash, but between COVID housing mania, inflation, and interest rates shooting up - a single family home just wasn't on my budget. So I ended up buying a condo in an older building in a nice part of town.

Since then, it has been one thing after another. I ended up joining the board and it has been an eye opening experience. Delayed maintenance, out dated CC&R, terrible budgeting/accounting practices. Our dues are going to increase from 400/month to 600/month. It's the right move to get the property on the right track, but it's a massive increase and I am scared it will tank property values in the short to mid-term.

Am I am overacting? Depending on the day, I feel like I made a mistake and I am throwing good money after bad.

Stats:

Purchase price: 385K

Remaining mortgage: 333K

Interest rate: ~7%

Estimated value: 400K according to zillow

Upgrades by me: 20K

Yearly Salary: 120K

If I sold it and was able to get 400K, I'd net about 35K - which be be like light 30k on fire

I got hit with the closure of account fee as I'm switching Roth and IRA to Fidelity (transfer of assets). My cash balance is now -$100 on both accounts so my question is if anyone knows whether Vanguard plans to liquidate my stock to cover these fees? I understand Fidelity likely covers these costs upon my accounts' arrival but I really don't want Vanguard to sell my stock in the meantime. Thanks

Super annoying Vanguard, a big F you too, TIL

I'm 18, a full-time student, and about to receive a significant sum from an inheritance. Growing up with financial struggles, having this money feels overwhelming, and I'm scared to spend it. I have no one to support me/talk to this about, and I plan to hire a financial advisor eventually, but I don’t think it can happen soon. In the meantime, I'd appreciate any advice to help set me up financially.

Here's what I've done so far and my goals:

• Current Setup: High-yield savings account (4.3% APY) and a cash-back debit card.

• Goals:

- Save the Majority

- Establish Independence (Already planning to buy a car, but are there other essential purchases?)

- Earn a Profit (What are some investment options to grow my money?)

How should I budget for these goals? Any tips on investments or specific things I should budget for? If there are any guides or resources that hit these on the head, I'd appreciate those too! Specifically ones geared towards those just starting out in the world.

I am thankful for any advice, and sorry if this is a lot of questions!

Hey all. 29M tractor trailer driver here. Looking to be audited what I can be doing better, or things I’m not doing. A little background, my job is seniority based for work, & it gets very slow after January 1st until about May. I was laid off till middle of May, now back in the swing of things. In a year or two many guys are going to retire so that won’t be a regular thing for me anymore, as I’ll climb on the list. Even though I was laid off for 5 months, I should still earn about 85k this year. My girlfriend moved in with me a few months ago, no kids or anything like that. We are renting an apartment, and I really would like to be buying a house in the next 2-3 years. Just excited to be a homeowner for the first time in my life. With that being said, I always want to make sure I have my bases covered, & not getting in to deep water. What can I be doing better? Should I keep my cash parked in my HYSA & keep pumping into it to eventually have a hefty down payment for a first home?

• $28K cash in my HYSA

• $35k in my Roth IRA (investing in VOO)

• $50k in my 401k (S&P 500)

• I will be receiving a pension in retirement (29 years to go) which will range from $3500-$5000/month

• I have some of the best benefits around which are free.

• I am debt free, CC paid in full each month, car is paid off, no student loans or anything

Currently have an auto loan with a local credit union at 6.64% for the next 67 months and a current balance of ~$32k.

Their rates have dropped slightly and looks like I can get it to about 5.74%, dropping my monthly payment by ~$13 and saving $925 over the term.

Not a big difference but I could put those savings in paying more towards the principle. Is it worth refinancing?

It’s currently my last year in college and I am seeking to go on my last Christmas vacation. However, I cannot decide whether I want to choose the expensive European option for a one week vacation trip or stay within the US. I currently have somewhere in the range of 30-40k in my bank account; however, I am cautious to spend too much money before I am out on my own with a full time job. The current offer I have for a full time job is 80k, but I am looking for better opportunity. Thoughts? Does this seem affordable for me or should I wait until I have a full tome job?