Personal Finance

Looking for books that are not Dave Ramsey or the Rich Dad, Poor Dad type.

Are there any investment funds (ETFs or mutual funds) which exclusively purchase municipal bonds in “green” cities?

So here’s an interesting one. I have a car with a 72-month note, that I’m halfway through. The payments are pretty high, around $1,100/mo (luxury sports car). I just checked the Black book value, and the value on other sites and I have almost $20K in equity in it right now. I also have enough saved up to pay it off and still have more than enough money left. The interest rate isn’t too bad, around 5.4%.

I own a house/land outright (as much as a government will let you own anything): I have no mortgage or liens. For the sake of ease, let’s use a nice round number and say that the house is worth $100,000.

My partner and I currently have enough savings we could comfortably live off of for over two years, if we had no source of income. This amount is also enough to easily get a mortgage — we’ve been looking to buy for over a year now, but the housing market is awful.

Hi,

I feel like I’ve tried every single app for financing out there. So far ynab does good but I fall off from time to time. Tracking stuff on my phone seems like it’s great in theory for most but I over complicate it every single time.

My parents want to give my new baby some money for a savings account. However, if its just going to sit there for 20 years, I’d prefer for it to gain interest/dividends. Is there any easy way to setup a fund that tracks s&p500 and preferably tax advantaged? Or am I better off just investing in the relevant mutual fund.

Hi all, I’m looking at HYS accounts and I see Sofi and Openbank coming up as some of the higher rate options. It looks like Openbank is based in California and has 4.2% but poor customer service reviews on Trustpilot. Sofi is 4.3% but with a limited time 0.7% “boost,” so 3.60% normally, but appears to have better customer service. I’m more inclined to have better support through Sofi.

So I’m considering just using excel to keep track of all my expenses and income, but is there a better solution? What do you use to track how you spend money? I want something from which I can freely export the data if need be so excel is tempting.

I’ve gone on a Vacation with some Friends recently and one of them was going on and on about how I should go get myself a Trade Republic account for General Payment and savings, Singing its Praises along the way.

I guess I can introduce stop-loss and other cautionary measures to prevent snowballing loss, but shorting is shorting.. Wonder if I could resist the urge.

For example some credit cards have ridiculous monthly interest like 29.9%

Some people use credit cards a ton, and others avoid it like the plague. There’s a ton of conflicting advice in personal finance circles, from people like Dave Ramsey who advise to never use credit cards, others like The Money Guy recommends using credit cards responsibly, and then there’s the churning community who tend to use credit cards a ton.

This might be duh for some people, but if you're like me and considering a mortgage; at today's rates in the US at around 5-6%, over 30yr mortgage you will pay about same in interest as you will for your house price.

Hi, there. I want to start saving money for my younger sibling so they can go to college easier.

Hey, maybe y'all can give some unbiased advice. My wife co-owns a €1.4 million villa in Spain with her grandma. The property has been on the market for 2 years. I'm inclined to believe that the realtors are incompetent and that something is being done wrong. Am I crazy, or is something wrong here?

I'm trying to get advice from a professional for my personal tax/investment situation since I probably complicated things. I don't know where to start. I've always just googled things and kinda went with it but things got really complicated and I didn't know who to go to for help. How do you guys get finance advice? Do you go to a bank branch or someone else? Is there a good way to get personalized advice without being charged out the wazoo for it?

Just went through a mess trying to finance a used car. I haven’t borrowed money since 2012, no debt, no credit cards, just living within my means. When I applied for a loan, I was told I was refused. Not because of bad credit, but because I hadn’t used credit recently enough.

SRI ETF = social responsible index exchange trade fund

Some even give it away for free.

Hello!

Hello,

I am a US citizen living in the US (glass it from orbit please) and as the title implies I am wondering if it is possible to move my checking and savings account(s) to a bank that would allow that money to be converted and held as euros. From my research so far it does appear there are some banks that may be able to facilitate this (HSBC, Citi, Wells Fargo), but I was wondering if anyone had any experience with doing so?

I'm curious how you budget as a couple or budget with family. Does one person take the lead and it's their duty? Are you equal participants? Does each person leverage their strengths?

I am trying to make a super cool subscription tracker that can track all your subscription at one place like a google calendar but for subscriptions.

Where I am from my salery is quite okay to be honest. I get about 3700 € after taxes (state insurances, health care etc.) each month but I don't see me affording a car anytime soon.

I don’t have much in terms of investments (401K). I was wondering if there is anything I can do to minimize the impact of the incoming recession on my financial position.

Hey I don't know where to post this. I can't find a good sub for this topic.

a bit over a year ago, I went through debt consolidation. I signed up with a company that offers me a monthly payment to kill my credit cards and provide me legal representation should I need it. It's been about a year since and they have only shut down some of them. There are 1 or 2 still left open.

It seems as though the endgame to all of the political chaos we are experiencing in the US is the dethroning of the dollar as the world’s reserve currency. Putting aside for the moment the question of why or whom might benefit from such an outcome, what is the best way to play defense if your wealth is dollar-denominated?

I feel I should get rid of them or stop using them but most have good benefits so I am unsure what I should do. I tried using YNAB but it isn't how I think about money. I really need to stick to my budget but with my partner and child I feel money is constantly flowing out.

I can easily find things like rent, internet, insurance prices, but how do I find things like grocery prices? I honestly don't even know what an average grocery list might look like, are there resources to help with this? my gf and I are looking into moving out, and assuming a monthly income of ~4400 USD and rent being 500 USD, I think we should be okay, but I need to be 100% that we won't be barely scraping by or anything. thank you everyone

I'm putting away $300 a month, my question is where to put it. savings account has basically 0 interest, there are HYSA (high yield savings account) that would give me 3-5% apy, or I already have some money in stocks that have grown consistently 25% over the last year (index funds only)

Up until now, I’ve just been saving an emergency fund in a HYSA. I’m getting to the point where I’d like to put excess savings into the market, and am looking at something like the VOO ETF. It seems things are essentially at an ATH right now, and there are a lot of big political things happening at the same time.

Should I move my checking/ savings from my credit union? Should I move my investments from Schwab? Should I move to different institutions or what can I do to protect ?

I have a medical malpractice annuity that pays out every month and goes up 2% compounded every year. I live in another country where cost of living is way lower than in the US and am worried that rapid inflation in the US or just overall instability will lead my annuity to be practically useless. Are these worries baseless?

Hospital says payment plans don’t work since it’s gone to collections…

Between rent and school payments, I am paying quite a lot over ACH and am wondering if there’s any way to also get some benefits back from these payments.

I'm young and a student and I have most of my savings in a VMFXX money market account which I basically use as a low risk place to set and forget my money. Most of this fund is federal cash and securities. I like that it is there when I need it and that it makes more interest than a savings account.

Location: USA

Pretty much as the title says.

There's a pretty popular savings chart in the personal finance community, and I just noticed it seems to be missing the option for when your employer offers an ESPP (Employee Stock Purchase Plan) unless I'm completely missing it.

Hi all–

For the last decade or so, my SO and I have been more or less dividing our expenses, and Venmo/ PayPal-ing the other as needed (rent, etc).

My grandmother bought the home we lived in the 90s for 90k at a 8% interest rate. I found out she refinanced the house several times from what seems like predatory practices and malicious advice and now owes 250k at 6%. Basically the house I thought was paid off now has 30 mortgage and she is 90. Her grandkids are in the will to inherent the house but do we inherent this mortgage?

Is a TDF a good choice for growing my money, in this case? I plan to use it for a house down payment and withdraw it in 5-7 years. I’ve been thinking of putting it in a 2030 or 2035 TDF. Should I go this route or just VTSAX and chill?

I have been putting part of my paycheck into a high yield savings account, but haven’t bothered with investing it in a responsible manner partially due a fear of losing the money due to bad investments. I’m finally realizing how much potential money I’ve lost by letting my money stagnate. Please advise me on how to responsibly invest my money, thanks!

I like the idea of a less profit-driven business that is maybe more community-focused but I wonder if they have the same capability as a bank? Have you been able to do your banking needs at a credit union? Was the customer service decent?

tl;dr - They haven't reported updated information since last year. How do I get them to do so, or how can I otherwise correct the information on my credit report?

My employer recently switched to Fidelity and for now I've chosen the LIFEPATH IDX 2050 A option. It looks like this one provides quarterly dividends, but the yield is 0.0%(?)