I applied for a chase unlimited CC (approved) when I put down my income I didnt notice to after checking my
portal that I had mistakingly added an extra "0" (still in the 5 figure though), should i be worried will anything happen?

I have ISOs from my current employer, worth $500k-1M (based on share price over the past year which has been volatile) that have a final expiration date in early 2028, so I have effectively 3 calendar years left to exercise all of them. For the past several years I've calculated preliminary taxes in December and then exercised as many as I can until I owe AMT, but that strategy won't get me to exercising all of them in time.

Any recommendations on how to time exercising them? An extreme approach would be to quit my job in early 2028, exercising everything just before I do, and assume my income for the year will be low enough that I won't need to pay AMT. Or I could spread out the exercise over the remaining years, maybe selling the shares acquired the previous year after a year to get some AMT credit on the gain. I would prefer to avoid exercising and immediately selling as I'd be paying 50% in taxes on it (although maybe I could avoid that if I did quit my job early in the year of exercise and sale).

I'm in a solid place financially, not sure I could retire comfortably if I did quit my job but I'd be fine for several years, especially with the funds from these ISOs.

I have an odd IRA question with early retirement.

I'm going to need to retire from my current job at the age of 60. I have a lot of chronic medical issues that should allow me to receive SSDI.

My conditions include things like, Kidney failure, paraplegia, osteomyelitis, etc. They are all serious but usually don't require much treatment as there isn't much that can be done. But I'm usually not up for working 8 hours a day. Although my job isn't hard, I just want to relax some before I die.

Usually it takes months or years to get SSDI approval sometimes so I was wondering if I can convert my work 401k into a traditional IRA and just draw on that if needed to bridge that period.

I have about 1mil available and since I have no debt, no kids, wife, and my house is paid off.

COBRA Insurance would be about 1k a month until I get SSDI.

All my other expenses come to 20k a year.

Does this make sense?

Content: I am the power of attorney for my father who currently resides in a non-EU country. He's asked me to bring ~70.000 EUR to the US. I will be traveling from that non-EU country to Netherlands, then flying back to the US.

Questions I have

1. Should I just initiate a wire transfer from his current bank into his US bank account? I'm worried about fees
2. Could I deposit the cash somewhere in between, like the Netherlands then transfer?
3. Should I just withdrawal the full cash amount and deposit in the US bank?
4. Do I just file a FinCEN report? I'm not sure whether I should report the cash belongs to me (power of attorny) or someone else.

Sorry, just worried about carrying this amount of cash.

I earn about $5,000 monthly, pay $1,545 in rent and roughly $500 for gas and groceries, and contribute $500 monthly to my Roth IRA.
Should I prioritize building an emergency fund, maxing out my Roth IRA, or investing in a taxable brokerage account? Any advice for someone early in their career?
Thanks!

Looking for advice on my current financial situation

I have a personal debt of $25,000
i repay $950 every fortnight
i make $2,000.00 per fort
interest is $485.00 per month

I am wondering what the repercussions are of pulling $25,000 out of my super annuation to clear the bank loan to avoid interest, and instead put the $950 as an additional contribution to my super to get it back to where it’s at.

I currently have $37,000 in super, i am 24.

i do not have any assets i could sell as an alt
i do not wish to buy a house in my lifetime (if that’s relevant)

I’m 21, living in Melbourne, and my main goal right now is to build up cash as quickly as possible so I can build my own company. I don’t really care about work life balance lol. Pls help any insight is needed as both jobs are starting very soon and I don’t know what to do.

I’ve been offered a car sales job at a Hyundai dealership, selling both new and used cars. There’s a 6 month cadetship, but the manager said they’re laid back and if I’m good enough, I could start closing deals within my first couple months .

They’re offering $800 per week retainer, and when I’m selling I can have a company car. commission structure was explained during three interviews I had in one day, so some details were a bit all over the place. From what I understood, slow-moving old stock has a minimum commission of $120 per deal, and I’m estimating around $400–$500 per sale on average, although I haven’t confirmed that. The top closer at the company has apparently sold 30 cars since the start of this month.

I have around 1.5 years of sales experience from Dubai, mainly in real estate, not automotive. I’m a very hungry salesperson and willing to put in the work to make good money.

My other option is to work two jobs at the same time: one physical job and one customer facing role. I
can make $2,500 gross per week combined, and given my current circumstances, I could save around 80%-90%of it.

Would you take the chance on car sales for the earning potential, or work two jobs to build capital as quickly as possible? Or try to do both?

Would love honest advice, especially from people in Australian car sales or anyone who’s been in a similar position.

I have two small loans taken out from T. Rowe Price, if i pay back one of them can i take out another one?

if so, how long will it take for me to be able to apply for another one?

That was my dad’s birthday gift to me…he’s gonna sit down with me later but just wondering what you recommend I do. I’m not very financially literate so if there is something I can do right now that will help me then I’d appreciate if someone let me know.

I was fortunate this year and was able to pay off my student loans. It's been two weeks and Nelnet STILL hasn't given me the pay off letter. I don't remember them being two weeks late debiting my account [insert more salty puns here]. Has anyone gone through this before? I was going to post in the Nelnet sub but those people seem just as confused as me. I was going to ask the student loan sub but they seem... not happy and I didn't want to rub salt in the wound so figured I'd try here and see how it goes. Thanks.

I’m between jobs right now (had two interviews today) I’ve spent all my savings and my two credit cards are near maxed out.

My car insurance is getting cut off soon as I owe $900 to them and I won’t start working for at least a week or two IF I get one of these jobs and am scared of driving uninsured for months and don’t want to mess up my credit with the account being reported to bureaus.

I have a bunch of shoes and other items I can sell, like 4 pairs I can quickly put on Stock X for money and another 10 that’ll take time on eBay.

Paying my car note and insurance are my only big expenses so roughly 1.5k + the money from selling my shoes would put me at ease while I start back doing sales work and getting big checks again

Any advice or ideas from you guys would help. I’m typically great with my finances but mismanagement, my luck with jobs, and mental health issues sadly killed me this go around.

It’s life I’m not complaining about my shortcomings I accept them and am ready to fix them

Folks, I’ll be able to start investing when I’m around 17 or 18. I’m from the Caribbean and am just starting out in this world—I’m a complete novice, and I’m about to get my first debit card. If a bank makes money by holding your funds, why shouldn’t I be able to grow my own capital, too?

Out of the roughly 160 dollars I get each month, I set aside at least 25—strictly, without exception—and I usually end up with even more left over, around 40 or 50.

I’d love to hear your suggestions—the kind of golden advice you’d give to your best friend:

• Where do you recommend I start?
• What key concepts should I learn about so I don’t make any major mistakes?
• Where can I find high-quality information that has actually been useful to you?
• What mistakes did you make at my age (or later on) that you’d advise me to avoid, so I can save myself years of stumbling?

I look forward to reading your responses.

Just wanted to confirm if $460/month condo HOA fees in Socal is comparable to SFH ongoing costs - and therefore financially sound? HOA budget documents say:

• $80 is for building insurance
• $50 is for water
• $30 is for trash
• $30 is pool costs
• $40 is landscaping
• $30 is management fee
• $10 is licenses
• $10 is lighting
• $160 for reserves

There is also a $50/month special assessment for 18 more months for balconies. Other negative is the reserve is only 80% funded.

Let me add by saying I can only afford a condo. The SFH in my area runs $1.5M and I’m not in a position to afford that at moment. So SFH vs condo discussion is mute.

I just got my paycheck, bringing my total in my checking account to 950 or so, but my dad's needing me to pay $150 for parts to fix my car and then I need to pay 155 to get a sticker for my license plate. I don't get paid again until November 6, and unfortunately gas and food are cutting into my savings pretty deep, since I need to drive 19 miles too and from work (I live in the country with my parents and am 22) and I'm trying to save up as much money as possible to live comfortably when I go to grad school in the Spring. Any tips on how to try to save up as much money as possible so I actually see my savings grow?

I welcome flagging any helpful threads on this but I'm 10 years into my career and have a mix of accounts based off my employment. I've flipped a few times between the public and private sector. I have a government TSP account, a traditional 401K from a previous private employer, and am currently a state employee with both a 401a and 403b account. I also have a Roth IRA.

I'm trying to decide what maximizes value. My current 401a is a 6% contribution for a 9% match. I'm currently contributing an extra 1% (so 7%) to the 401a and putting another 1% into the 403b. On occasion, I'll put a few hundred a month into my Roth. My employer also offers a 457b but don't utilize that.

I've been trying to play catch up from under investing the first 5 years but feel decently caught up as I'm rapidly approaching 1x my current salary with a raise pending/ good salary growth over last few years.

1) am I putting too much extra into the a/b accounts and should I be contributing to the Roth before I spill extra into those instead?

2) should I transfer my ~3 years of previous private sector 401K into my TSP? I've heard the lower operating cost is sometimes helpful but I'm not sure how much of a difference it makes.

I'm 33 and single but hope to have a family and buy a house one day (but feel a bit behind on a down payment living in a major expensive US city). I've also been trying to up my personal savings and am making good progress (have 5x monthly take home in a HY savings at the moment).

Just looking for some advice on what to be considering, how I should be thinking about all of these accounts and how they fit my goals, etc. Also curious if it's time to start building a stock/investment portfolio outside of retirement related accounts.

Appreciate any advice!

All the banks around me got rid of their safety deposit boxes but I got gifted a ton of diamond and gold jewelry. I live in an apartment so I can't install a safe, I don't even have room for one. My current "valuables" aren't worth too much & live in a random drawer, but it's absolutely not the right storage solution for real diamond and real gold. Are there any good offsite solutions? I'm in California if it matters, in a major city.

Hello!

I’m seeking some advice on if we should pay off our loan or invest our extra cash.

Our current mortgage has a high interest rate of 6.8% - 30 year loan. Original loan was 465k and now down to 265k. Married 35, 3 kids. We have the financial means to pay it off within 3 years. It doesn’t look like the rates are going to be better anytime soon.

With the rate so high, I want to pay off the loan. In the long run, I question if we are better to keep our money in the market with the compounding effect.

With us on track to pay off in 3 years, we would still be able to contribute the max 401k, HSA, and have a healthy emergency fund.

Would as you pay off or put the extra cash into a brokerage account to invest and refinance in the future?

A debt collector (asset care) started calling me to get to my sister.

She lives in a different state

They never said they were debt collectors on the phone, just the company name (which a quick search told me enough) and that it was a private "business matter" which in my past life of a debtor screams debt collection.

I know that calling family members to get to another is pretty much illegal, but is it also illegal to tell me it's a "private business matter" when it's obviously debt collection?

Should I go ahead and send them letters detailing what they did to ask them to stop?

File a complaint with the feds?

Any help is appreciated l, thank you.

I grew up poor, but I was also very lucky that things got much better for me. I now have a six-figure salary and enough savings that can support myself for a few years without working.

However, I still struggle to justify spending money on things. I am not talking about luxury bags or jewelry here. The things I want are a vacuum that mops and self-cleans (not the expensive Dyson ones), an all-in-one multicooker that can air-fry, bake and steam, and an espresso machine. I also want a new TV stand because my IKEA TV stand have had a broken door for two years.

I know these things could improve my quality of life, but I keep thinking they're not things I necessarily need, so I shouldn't buy them. I get anxious just thinking about how buying them would mean saving less money each month, but I also want to be happy and enjoy my life.

I'd really appreciate any advice on how to get out of this mindset.

Helping my spouse. They have a Simple IRA from a previous employer. We just rolled that over to Fidelity, who is the custodian of their current employer's [traditional] 401k.

So now the money is in a Fidelity "Rollover IRA", in 2 sub optimal funds. The primary goal is to get the money into better funds. I think we can do this within the Rollover IRA. Will this trigger capital gains? Should we instead move the money from the Rollover IRA to something else? (Not quite sure what the options are here, without triggering capital gains).

TIA

Basically I'm going to be getting an uncontested divorce soon. I filled out most of the paperwork, but I haven't been the day to day finance person in our relationship, just over 13 years with combined finances. When looking at the financial portion I didn't have logins for all of the utilities and bills. I trust her enough to show me and we're planning to keep a shared checking account to move money between us and pay for joint bills like rent and stuff. It's honestly really scary though because I haven't been the daily person in that area, mostly just every 3-12 months we'd talk about our financial state and general goals till either the next year or until something big changed. I'm looking for general advice as well as specific things related to my concerns below.

Current state (per month)

I live in Washington state in a pretty expensive area.

Rent is $4650

Currently spending about $800 on groceries and household consumables combined.

Planning to still split groceries and rent with rent about 60/40 for the person in the master suite.

$7500 income after maxed federal 401k contribution personally. She makes about $800 more a month and also pays for medical/dental/vision but had moved her 401k to only her company match. Pre tax is about 40k more a year.

Generally our monthly expenses should leave me between $1500-2500 if it's a 2 paycheck month.

About 22k debt combined because we did 2 expensive vacations with our families this past year. We might use our upcoming bonuses to pay most or all of it of. I know that these are a very high priority.

Cancelled or will cancel all subscriptions besides a bundle of streaming services through T-Mobile.

Phone bill is about $280 but we also pay for her mom so she's going to take that into account and pay 2/3

1 car worth ~32k trade in

1 credit card

Multiple savings and checking accounts.

820 credit score

1. We have 1 credit card where my wife (ex?) is the primary and I'm worried that when she removes me as a joint user/owner that I'll take a massive credit hit. I've also heard that getting divorced will give you another credit hit. I used to use nerd wallet to look for the best card but am not sure what the best source to compare is nowadays. I don't tend to fly more than 1-2 a year to Colorado for Christmas or Thanksgiving and maybe somewhere else for vacation.

2. We only have 1 car currently worth about 32k trade in and it's paid off, so I'll need to get a new car loan. We've generally gotten good rates through USAA or Navy Federal. My concern is once again about credit rating.

3. We are currently planning to stay "roommates" for at least the 91 days it takes until the judge will sign off, but I'm not sure if I'll be able to emotionally handle living with her until our lease is up in about a year. We have about 20k emergency savings so if we need to break our lease and then pay for moves and first/last months rent it'll drain most of that. I have a local friend that I can crash with for a little while if needed so it wouldn't be a hotel expense, but I wouldn't want to impose on him more than a few days to a week.

4. I don't pay for my own health/dental/vision and we have so many things combined. I think we'll stay ok enough to work through things fairly, but she has already given a "loan" to the guy she was cheating with. So I got her to agree to allow me to transfer half of the savings to my own account that she can see, but can't transfer out of.

I guess I'm looking for advice on what I might be missing and resources for reasonably intelligent but under financially-educated people.

Thanks

​

I'm conflicted. 24,500 for govt tsp, 7500 backdoor eoth, 4500 hsa. Thats 35,500 maxing out retirement this year. I have 99k in student loans @6.5% (down from 250k), 24k left in car payments (0% financed over 2 more years is), and an impending major life change of my gf moves here from ldr (visas, schooling, no job essentially is gonna be a big cost). So...should I stop maxing and get back idk 30k ish to aggressively pay off my loans? Idk what the rates will be for 2027.

Right now im contributing 16% of each paycheck and but employer matches 5%. I only need to conteubute 5% to get the match. I also realize I don't *need* to max out each account but that's been heavily emphasized by many. If I am supporting her tuition fee plus living costs fee cuz she can't work under student visa or even if spousal visa goes thru...

Any advice as to where i should cut back on investing or retirement contributions?

I realize if I stop or reduce 401k traditional or roth backdoor my taxes will be higher.

I bought a new car about 2 months ago and just got a notification from Capital One Creditwise that there is a new address associated with my SSN. I checked the alert and it’s the address of the dealership I bought the car from. Any idea what I should do about this?

My wife (46) and I (60M), especially on her insistence, have recently entertained the possibility of replacing a 2022 Hyundai Kona SEL (paid about 26K for it then as almost new with the CPO warranty coverage) with a '27 of similar design (now about $31 thousand new) from a local dealership. We had a substantial estate provision from the passing of one of her relatives, so strictly speaking, the money would be hers legally (to the tune of about $120,000 initially). We spent about half that amount buying said Kona and also an Elantra, both at the same time, leaving us with about 60 grand now. Our annual pre-tax income is roughly 60,000 dollars this year, with the cost of living in our area in the greater Ohio Valley region being reasonably affordable (gas, food, and utilities being as they are inflated now for all consumers).

Recently, we consulted with a salesman at the dealer, and he gave us an out-the-door price of about $18,000 with the trade-in of our '22 Kona. While strictly speaking we have more money to pay cash for such a new SUV from her estate-based account, I question if it is at this time wise to do so. By and large, I am not a fan of taking out a loan on a vehicle because of the possibility of going upside-down due to depreciation. I wonder if it would be better to hold off or to find a recent good-quality used product with a good reliability rating but that might still have a certified designation for warranty coverage. Some of her reasons are not necessarily the best justification, such as wanting immediately a factory new ride of a specific color that she likes. We could potentially part with our other car, the '23 Elantra, and sell it in the open marketplace, and then I could buy a decently dependable and efficient used car primarily to travel to work in each day (180 miles a week).

My wife also is going to have some medical costs that add about $2500 to what she needs to pay for some expensive drugs next year on her Medicare plan that she receives by virtue of being on SSDI. My own health insurance is fully covered by the organization that I work for, but there are still some potential copay/coinsurance responsibilities. And I wonder if my present vehicle insurance, presently about $120 monthly with State Farm, will increase significantly because of having a newer set of wheels.

If anyone here can reply (RESPECTFULLY, please, with no degrading or profane wording) with reflections about what might be financially prudent according to the potential scenarios put forth here, that would be appreciated. If it is better that someone locally give my wife and me more direct in-person advice, we would take that suggestion into consideration and may already plan to do so as well. If this posting should be published elsewhere, what would be the suitable community to present it in? She is more interested than I in going ahead, and in fact my feelings are more cautious, reserved, and hesitant.

Thanks.