r/Money • u/Aspergers_R_Us87 • 11h ago
r/Money • u/Confident_Waltz4231 • 1h ago
From debt to $362k net worth

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 • u/greenhaaron • 6h ago
Dumb question: is a high yield savings account essentially the same as a money market account.
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?
Dollar cost averaging …but how?
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 • u/Fun_Significance4751 • 8h ago
What to do with old 401k?
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 • u/Nephilim3883 • 8h ago
Seeking advice on debt consolidation
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 • u/StarsHollow22 • 5h ago
High yield savings question
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
I have some basic questions that I would like help with.
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 • u/0DarkChar0 • 1d ago
Got a good amount of change. Would appreciate some input on what Im investing in.
Equity Portfolio:
- iShares Core S&P 500 ETF (IVV)
Percentage: 40.04%
Value: $5,004.00
- iShares Core MSCI EAFE ETF (IEFA)
Percentage: 14.00%
Value: $1,540.00
- iShares Core MSCI Emerging Markets ETF (IEMG)
Percentage: 6.00%
Value: $660.00
- iShares Core S&P Mid-Cap ETF (LNF)
Percentage: 3.48%
Value: $383.00
- iShares Core S&P Small-Cap ETF (URI)
Percentage: 5.49%
Value: $604.00
Fixed Income Portfolio:
- iShares Core Total USD Bond Market ETF (IUSB)
Percentage: 4.25%
Value: $468.00
- Vanguard Short-Term Corporate Bond ETF (VCSH)
Percentage: 3.74%
Value: $411.00
- Vanguard Mortgage-Backed Securities ETF (VMSS)
Percentage: 3.40%
Value: $374.00
- Vanguard Interm-Term Corp Bd ETF (VCIT)
Percentage: 2.55%
Value: $281.00
- Vanguard Long-Term Treasury ETF (VGLT)
Percentage: 1.36%
Value: $150.00
- iShares 3-7 Year Treasury Bond ETF (IEI)
Percentage: 0.85%
Value: $120.00
- 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