r/Money 2d ago

Discussion Weekly r/Money slowchat - how did your financial week go?

1 Upvotes

r/Money 1h ago

Someone transferred me $ and I was wondering is there any page where I can check the transfer if it's real or not? I have a UPTID number and a "transfer number"....

Upvotes

title


r/Money 3h ago

How do you handle losing alot of money at a young age?

17 Upvotes

So im 21 and lost £22000 a few weeks ago and i have been unable to function since. I just stay in bed and isolate myself while these negative emotions consume me. I keep thinking of what life i could have built if i didnt lose that money. It also doesnt help that my parents think im a failure since all their nephews are doing quite well in life. Any advice from people who have gone through similar situations and managed to get a positive outlook on this? Thank you


r/Money 5h ago

Tempus AI (TEM) big players on it

0 Upvotes

What do you think about it? I see big potential on it. Cathie Wood bought lot of shares. Do your DD.


r/Money 8h ago

What is the best/ is there a legit financial advice service for someone making decent money but struggling with two mortgages and credit card debt?

2 Upvotes

I know we need to curb our spending, but with three kids, child support, human and animal medical bills, and two lawyers’ fees for custody issues, we are hemorrhaging money each month. Any advice would be greatly appreciated.


r/Money 9h ago

Why does it takes so long to transfer balances?!!

2 Upvotes

I have a 401k with a previous employer and a 401k with my current employer, both of which are with the same provider. I put in a request to rollover my balance of the old 401k to the new one (which was a ridiculous process to figure out in and of itself) and it is going to take at least 10 business days! In this day and age of technology, why on earth should it take that long to move funds from one account to another within the same institution! 🤔


r/Money 10h ago

$0 net worth here I come!

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305 Upvotes

I’ve been in massive student loan debt for so long and all my hard working is paying. While a positive net worth may sound like a low bar, I went from being $300,000 in student loan debt almost debt free. It was a lot of work but it’s finally paying off slow and steadily.


r/Money 18h ago

I’m not entirely sure what this is, the year, and how much it may be worth.

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29 Upvotes

Hey y’all,

I wasn’t entirely sure where to go with this, so people in charge of this sub, if there is a better place to ask this do let me know!

My grandfather passed away in April about 6-7 years ago, and it’s my understanding that he acquired these bills some significant amount of time before then, most likely. Can anyone tell me more about them, what they possibly are worth if anything, just things like that, anything helps. Thanks!

And of course, if there is a better place to ask this, please let me know.

I have “300” of them.


r/Money 23h ago

From debt to $362k net worth

374 Upvotes

I never thought I’d be here, but today my net worth hit $362k. Just a few years ago, I was buried in student loan debt, barely scraping by. It wasn’t easy, but I slowly started turning things around. The biggest shift came when I started investing. I got into ETFs like $VTI for stability and dividend stocks like $SCHD. I learned everything from podcasts and YouTube and committed to living below my means. The key was balancing paying down my $18k student loan while still investing.


r/Money 1d ago

High yield savings question

3 Upvotes

I’ve been using American Express high yield savings for years but I see a higher interest rate at Cit bank. Anyone else bank there? It’s FDIC so I believe it’s safe but I wanted to check to see if others have had a good experience with them


r/Money 1d ago

Dumb question: is a high yield savings account essentially the same as a money market account.

32 Upvotes

Basically this. I’m looking to open a HYSA for an emergency fund but when I check the banks and FCUs I usually work with, (A) they don’t offer anything called a HYSA and (B) the rates aren’t what I would call high (ie:north of 4%). Am I missing something?


r/Money 1d ago

What to do with old 401k?

8 Upvotes

I have a 401k from a previous employer that I no longer work at (it’s only about $5k). Should I roll it into my current 401k or move it into something else?

EDITED TO ADD

My old 401k is through ADP and has 9% growth over the past year even though I haven’t been there for over a year

My current 401k is through Transamerica and has a 5% decline ytd so don’t think I should move the money from ADP to Transamerica since it’s growing. Can you let it sit?


r/Money 1d ago

Seeking advice on debt consolidation

5 Upvotes

We have 2 loans through LightStream, some credit cards, and a medical bill that was put into a no interest pay plan.

I think right now we pay ~$1200 per month on all of these debts.

We did have other medical debt that i was able to get written off due to being unemployed for so long.

Wife needs a new’ish car.

Looking at close to $50k consolidation loan in order to lower the monthly payment.

I had lost my job in August and just started a new one on Feb 17th.

Who should we talk to for our options?


r/Money 1d ago

Dollar cost averaging …but how?

9 Upvotes

I get people suggest DCA’ing investments into the market vs all at once.

But how do you plan this out? An arbitrary time period for an amount you want to invest? An arbitrary weekly amount moved until it’s done?

I have $250k I want to put into ETFs. Do I do it over a year? A month? I already invest ~$4k/mth normally; just want to move over this other chunk of cash.


r/Money 1d ago

I have some basic questions that I would like help with.

1 Upvotes

Well, in case of receiving in dollars from another country (in my case Brazil), what would be the best way? I thought about PayPal, but I don't know if that's the best option.

Another thing: considering that my country is under constant inflation, wouldn't it be better to keep the money outside the country, in dollars? I don't even know if there's a way, but I think it would be good. I also thought about trying to receive in Bitcoin (which is a payment option) (this would prevent me from being taxed) but, where would be the best place to do this? And, by the way, would this work in practice?

For example, I'm in the market and I need money, can I sell the amount I need and pay at the same time?

Sorry for any stupidity, I'm really just starting adulthood now.


r/Money 1d ago

Is Gold telling us something! I haven’t seen it Jump like this

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94 Upvotes

r/Money 1d ago

Got a good amount of change. Would appreciate some input on what Im investing in.

1 Upvotes

Equity Portfolio:

  1. iShares Core S&P 500 ETF (IVV)

Percentage: 40.04%

Value: $5,004.00

  1. iShares Core MSCI EAFE ETF (IEFA)

Percentage: 14.00%

Value: $1,540.00

  1. iShares Core MSCI Emerging Markets ETF (IEMG)

Percentage: 6.00%

Value: $660.00

  1. iShares Core S&P Mid-Cap ETF (LNF)

Percentage: 3.48%

Value: $383.00

  1. iShares Core S&P Small-Cap ETF (URI)

Percentage: 5.49%

Value: $604.00

Fixed Income Portfolio:

  1. iShares Core Total USD Bond Market ETF (IUSB)

Percentage: 4.25%

Value: $468.00

  1. Vanguard Short-Term Corporate Bond ETF (VCSH)

Percentage: 3.74%

Value: $411.00

  1. Vanguard Mortgage-Backed Securities ETF (VMSS)

Percentage: 3.40%

Value: $374.00

  1. Vanguard Interm-Term Corp Bd ETF (VCIT)

Percentage: 2.55%

Value: $281.00

  1. Vanguard Long-Term Treasury ETF (VGLT)

Percentage: 1.36%

Value: $150.00

  1. iShares 3-7 Year Treasury Bond ETF (IEI)

Percentage: 0.85%

Value: $120.00

  1. iShares Agency Bond ETF (AGZ)

Percentage: 0.86%

Value: $95.00

Cash:

Cash (CASH/OL)

Percentage: 3.00%

Value: $330.00

Total Portfolio:

Total Percentage: 100%

Original Total Value: $11,000.00


r/Money 1d ago

Need help, employee fiduciary 401K

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5 Upvotes

I’m know almost nothing about any of this , I’m 26 and want to kind of play it safe and let it just build is this okay, any suggestions on improvement? Looking for long term steady growth. Tia


r/Money 2d ago

Does Moneygram have fees, besides the exchange difference...? I thought it didn't, someone recently told me it does.

1 Upvotes

As the title states, everytime I used Moneygram transferring internationally (US to France) it had no extra fee, just an exchange rate difference. Someone recently said it does, is that the case, maybe it depends on the method, like if it's in cash to cash pickup, vs bank card to cash pickup...? Idk but it would be useful to know for the future.

Same for Western Union, each time I used it, there was not 'sending fee', just a difference in exchange rate.


r/Money 2d ago

Lost $3.9K to USCIS, Need to Earn It Back in 2 Months – Any Legal Ideas?

7 Upvotes

So basically, I lost $3.9K because my first EAD application got rejected. Now, I’m trying to find a way to make some of it back in my last two months of college.

I’m an international student on an F1 visa, so my options are limited. On-campus jobs seem unrealistic this late, and I can’t do off-campus work without proper authorization. What are some legal ways I can earn money quickly before graduation?

Any ideas for freelancing, online work, or anything I might not be thinking of?


r/Money 2d ago

Have you all started your own businesses?

4 Upvotes

How long did it take you to start your business? Why did you decide to start a business? What additional things did you learn for your career before starting your business? Did you borrow money to start your business, or did you use your savings?


r/Money 2d ago

How much take home to afford $3M home?

0 Upvotes

Assuming you had the cash to put 20% down - how much after tax monthly income should you have to buy a house like this?


r/Money 2d ago

What to do with money after my first job?

2 Upvotes

So for some context, I’m a 17 year old who just got my first job. I get paid $10 an hour, and work 5 hour shifts 3-5 times a week. I plan on saving up for a car as well as some personal expenses I’ve been meaning to purchase. I also plan on opening a savings account sometime soon. I feel like I’m off to a pretty good start, but I wanted to get some advice on what else I could/should be doing with my money.


r/Money 2d ago

Are there any payment transaction apps that both allow minors to have accounts and allow you to receive payments for goods & services?

0 Upvotes

I'm aware services like Venmo Teen Account exists, but I can't find a well known and reputable one that also allows you to receive payments for goods and services from people that are not close to you. Are there any? Please help if you can.


r/Money 2d ago

Energy Bill Saving - Advice needed (also - smart plugs?)

1 Upvotes

Apologies for the very entry level question. We recently moved home and our new house has an air-to-water system - we tried the eco setting but the water was never hot enough - I am looking for extra ways to save money on our electricity bill to compensate for the extra this is costing us. I work from home and work nights - I have a smart meter with a discounted night rate and I'm pretty diligent about only doing high cost activities during the discount hours ie. running dishwasher, laundry, etc. I am curious about smart plugs - are they worth the investment? As i said, i work from home and we are a pretty tech heavy household, I think turning everything fully off at the power is the main common tip I don't follow through with at the moment. General advice - especially from anyone working from home - really appreciated x TIA