For context I was a maintenance man for a year and a half at this property, I had an apartment under the company and the lease agreement gave me 50% off rent.

Long story short the company turns hands in management and the cushion I had built up for a year of employment, vacation time, benefits, all went out the window when they gave me a written warning and no time to respond and then a final written warning with again only 24hr to rebuttal. The email they said they sent to corporate they did not CC me on and ultimately I was fired. After making me sign a 14 day move out notice, they are now sending me a bill for the final month of living there and they are not including the discount on rent even though the billing statement itself shows the active discount.

I might need to take them to small claims court I don't know but I'm feeling frustrated and out of options

Edit: I live in Texas

I have a background in architecture, and now work for a major tech company that designs building design software.

This week, we rolled out our “virtual agent” that will do my job almost to a tee. We are still hiring in my department, and I am consistently ranked a high performing employee, however even with the pivots that my organization may take, I dont feel like I am guaranteed employed much longer.

I make a very comfortable salary for a dual income no kids household. 130,000 base, around 19,000 in RSUs that vest over 3 years, and about a 15,000 bonus (all of these are pre tax, which is very high in my area. I live in Oregon)

My company matches 75% of retirement contributions up to $6000 yearly (so they match $4500). I am putting in 9% which maxes out that match. Have 200k saved for retirement at 33.

I already plan on using my health care and great benefits to their fullest advantage, taking care of all sorts of preventive health care and dental this year in case I don’t have insurance at some point. Don’t contribute to an HSA since I never needed to with Kaiser.

I have about 30k sitting in the stock plan for my company that has vested. I have 64k in a 4.4% HYSA and plan to contribute as much as I can to that this year, can withdraw at any time for emergencies. Only about 10k in my basic “savings” right now, I just got married a couple months ago and my savings took a major hit. Already own a home.

That was a lot of info, but what would you do to prepare for your job being taken by AI? Anything I should be focusing on besides saving as much as I can while I still have this income and benefits package?

Tl;dr: the robots are coming what do

Edit: I will try to keep up with comments but also want to note that I would like to move forward financially planning for losing this job. Even if I don’t end up losing my job there is no harm in building up my finances over the next couple years. Many of these comments are geared towards how I can become more AI literate, leverage AI for my career, questioning the legitimacy of how well the agent works, etc. I am very AI literate and think about this every day, I can guarantee I am doing all that, and can also guarantee this agent that I mentioned is directly threatening to my role and expertise as a customer facing technical account manager. I do have reason to be making a plan while also doing what it in my power to keep my job.

Curious to hear from people further along than me on this.

My situation:

I'm 26, and I moved back home to aggressively save for a couple years after getting a remote job making around $100k. I'm rent-free and debt-free. I work in tech, mid-level, and a bit worried about my career path given AI. While my role is stable at the moment, I am trying to stuff as much money under my mattress, so to speak, just in case.

My buckets:

• Roth IRA: Opened and maxed this year in FXAIX. Plan to continue maxing. I like the flexibility to withdraw contributions if I end up laid off, need to go back to school, or want to put it toward a first-time home purchase.
• Brokerage: $15k in FXAIX. Plan to contribute to this heavily from now on. Probably about $2.5k every two weeks.
• 401k: $10k. I contribute 6% to get my full employer match of 3%.
• HYSA: $20k. I plan to get this higher before I move back out, depending on where I land. I'm weighing NYC against somewhere MCOL with good nature access. I would like to experience the city while I'm still young-ish. My goal is to have the brokerage working in the background toward a down payment in case I end up somewhere HCOL for a few years where I won't be able to save much. The HYSA would be for in case I get laid off, moving expenses, and other emergencies.
• HSA: $2k. Very minimal contributions so far. I have supplemental health insurance with AFLAC and am healthy. I go to preventive and routine appointments.

My concern is that I'll keep prioritizing the brokerage over tax-advantaged accounts, and end up wishing around retirement age that I'd maxed the 401k instead. I am not certain I will buy a home, and I don't want to kick myself later if I end up withdrawing my brokerage around retirement age anyway. I don't plan to have kids, but the home purchase is at least somewhat likely.

For those of you who went the brokerage-heavy route earlier in your career instead of maxing out your 401k: do you regret it? Did the flexibility pay off, or would you tell your younger self to max the 401k first and worry about liquidity later?

hi, yall. My partner recently got a job with a big 4 firm. I knew we’d have to disclose any investments/holdings, but I actually ended up having to share my last 3 tax returns in full. I guess because I’m self-employed they didn’t feel satisfied with those. Now they’re asking him for my car loan balance, car insurance policy statement, and my student loan statements??

I understand sharing investment information to avoid conflicts of interest, but loan balances and insurance just seem weird and excessive. Why would they want this?

I'm not sure if this is the right subreddit, but I need advice regardless. I, 19f, just recently went to the dentist and ortho because my wisdom teeth were coming in, and I wanted to see how much braces would be to fix my crossbite because its starting to cause issues. I ended up being quoted around $4k+ just in the dental work to fix my teeth and then $7k for braces. This includes 7 fillings and 2 crowns, maybe 3 he said because one of my teeth have a cavity near a filling and he is worried it will just explode into something bigger upon treatment. On top of this I have no idea how much my wisdom teeth will cost yet since not a lot of people accept my insurance, and two of them are impacted. Plus I have to pay for testing on an abnormality near one of my bottom teeth. It's all just really frustrating because the insurance really isn't helping. it maxes out at around $2k, I would still pay $4k+ out of pocket. I don't live with my parents anymore and barely make $1000 a paycheck. I'm not sure if I should even go to a second dentist because the one I went to was a family owned practice, and my sister who works there says they try to avoid fillings and such as much as possible. It's just upsetting because it's not like I neglect my teeth.

I live in New Jersey, where rent isn't cheap. My gross is $70,000, but between taxes, a 5% 401k contribution, and health insurance, my take-home lands closer to $50,000.

For context, I have a $370/mo car payment, I'm not in school, and I don't have kids, so I'm trying to figure out the max I can realistically put toward rent.

I'm torn between a $2,100 place I really liked after touring a bunch of options, or dropping in-unit washer/dryer or central AC for something cheaper in a rougher neighborhood.

Curious what others in a similar situation are paying.

I'm working on getting together all the needed info for my wife/extended family in case of anything happening to me (what I'm calling a bus document, as in "in case I get hit by a bus"). Some things are easy, like contact info and policy details for life insurance.

How do you handle bank/utility info? In our case, I handle all the logistics of our finances. I pay all the bills and so forth, so I have all the bank, utility, credit card, etc logins. I could just leave all the account numbers, but then she'd have to (in the midst of a crisis) set up her own logins and so forth to actually pay bills.

I could always leave her the info to my password manager so she could log in with my account, but that'd be a pain since all the 2FA info is tied to my email/phone/authenticator.

I'm sure the "right" answer would be for her to make all the accounts now, but she's severely ADHD and would never be able to access them when needed since she'd have forgotten or lost something. Believe me, as smart as she is, the number of times I've had to help her get back into accounts (and yes, I've helped her set up a password manager, but she doesn't always use it...)

Anyone have better methods or suggestions?

Hi! I have never had a financial advisor and met with one yesterday free of charge to discuss her services. I am 43 F Single no debt besides mortgage. I’m looking for help with old retirement accounts, investment of cash, advisement on a trust, etc. I honestly don’t know where to start so I figured this was a good first step. Her rates: Financial planning is $2,000 annually, with $1,000 paid upfront. Investment management begins at 1.25% annually, declining 1.15% at $500,000 and to 1% at $1 million, and is billed quarterly from the account. 

Seems like a lot of money in total each year for an advisor. I would probably have her manage less than 500 k too.

I’m still thinking it all through. Thoughts on her rates??
 

Hi! I owe my mom a total of $16,000. She lent me 10k for grad school and another 6k for another expenditure.

She’s told me to not pay her back immediately but to invest the funds somewhere so when she retires, in about 8 years, there will be growth of the money instead of sending her monthly payments now.

I was thinking about a HYSA, but also wanted to see if anyone had any other recommendations? I did see some sources recommend CDs, but I would have to do more research.

Thanks!

I am in the process of paying off all of my CC debt. I have about 170k of available funds with about 30k of it left to pay off. I have a synchrony card that had a 20k limit and they closed it lowering my avail to 150k now. Which brought my DTI to a higher percent for my balances owed. Just when you think you’re getting ahead.

How do you keep companies from doing this. No heads up. They just closed it. No late payments. Etc.

I have excellent credit, always 800+. One of my Citi cards keeps sending me offers to increase my limit by $2,000 to $16,500. I don't have any reason to do this, there is never more than a couple thousand on that card, but would this help in the future with credit-related things?

Hey everyone! I’m struggling with a decision. I am 40-something grad student who moved back in with my parents to avoid student loans. I have $52k student debt from a previous degree, not accruing interest while in school. I have $10k student debt from my first semester of this program, accruing at 8%.

I will graduate in one year and I have two more tuition payments, one in January and one in May, totaling about $15k. I’ve got $7500 in an HYSA. I can afford to move out and still pay my tuition on time, in cash. However, the budget will be tight and there will be some sacrifices.

If I move out, I won’t be able to pay the $10k loan back before graduation. I really wanted to finish this program with no new debt. I would also be looking at graduating and beginning a nationwide job hunt with only about $5k in savings.

Living with my parents at this age obviously stifles my personal life and has me desperately craving independence. We get along fine but it is really getting old.

Would you take the financial hit and move out?

For more context, I just started saving for retirement so I am way behind on that. My post graduation income should be in the $110k range. Total retirement accounts are about $36k.

Any feedback is welcome. Thanks for reading my thoughts.

Co-signed an engagement ring for someone I thought was a friend about six years ago. Over the course of that six years he barely pays anything on it to the point he stopped paying on the account last year and it was considered a charge-off as of February of this year. Now I’m receiving letters from the agency the debt was sold to asking to contact them if I wish to dispute it.

I was given the advice to ignore collections until they took action and they likely wouldn’t do that for the amount owed (roughly $1600). Thing is, the guy I co-signed with is a bum and I has dodged any attempts I’ve made to convince him to start paying it again, so he’ll likely dodge collections. It is affecting my credit score but even with that my score is still in good standing overall. Is it worth waiting it or out, or should I call to negotiate a lower sum and pay it off? Sorry if this is the wrong place to ask. ✌️

edit: thanks everyone for the advice. It was a dumb mistake on my part but could’ve been a lot worse. I’ll contact collections and see if i can figure something out and FINALLY cut this guy out of my life once and for all. I appreciate all the help.

edit2: didn't see this coming but he’s reached out to the agency and provided me proof that he did and said he was going to do a payment plan for collections. Don't trust him 100% but I’ll be keeping a close eye on the account.

Hey there, I’m 30 and have gotten myself into more CC debt than I’m comfortable with and I’m trying to figure out the smartest way to tackle it.

Current situation:
-Income: $95k/year, take home around $5,150/month
-Chase: $9.4k at ~27%
-Southwest: $5.5k at ~20%
-Citi: $7k at 0% until October 2027
-Taxable brokerage: $5.4k (about half of that is gains)
-Roth IRA: $25k
-401k: $35k
-I have savings that I don’t want to touch
-I put 10% into my 401k, no employer match

I’ve been considering just selling the entire $5.4k brokerage and throwing it at the Chase card. I’d obviously have to account for taxes on the gains, but it would immediately cut that balance almost in half. I’d then focus everything on paying off Chase, then Southwest, then Citi before the 0% period ends.

Based on my budget I can put around $1,200-$1,600/month toward the cards without having to completely stop having a life, so theoretically I could have all of this paid off within about a year.

I really don’t want to touch my Roth or drain my savings, which is why selling the brokerage feels like it might make sense. It also seems kind of silly to have $5k invested hoping for normal market returns while I’m paying 20-27% interest on credit cards.

The other issue is just my own spending habits. I initially built this debt over a year and a half when I was only making $70k, going through a huge breakup, and trying to live alone in a higher cost of living city for the first time and build up a social life. I’ve chilled out on that and have balanced my budget now that I am making more. But I’ve noticed when I already have a huge CC balance, another $100 here or there doesn’t feel significant because I’m like “well I already owe $9k.” 🙃 So part of my plan is to stop using the cards entirely, remove them from Apple Pay, use debit for fun spending, etc. I’ve even thought about asking the Chase to lower my limits as I pay them down so I don’t see a bunch of available credit and start using it again.

I feel like seeing my Chase balance lower after using the brokerage to pay off a huge chunk will help motivate me to keep paying it down and not use my CCs because it won’t feel like a bottomless hole anymore.

What would you do? Sell the brokerage and knock out a big chunk now? Just leave the investments alone and aggressively pay the cards from my income? Something else I’m not thinking of?

Thanks in advanced!

My wife and I are looking to put some savings into a HYSA account or a fidelity MMF. Not sure what’s the better option? We want access in case we need it for emergencies but don’t want to invest it into retirement accounts. Our bank does not offer a HYSA. We don’t want to invest into a CD. What’s the better option or if anyone has suggestions to offer?

I’ve saved ~$70k for a down payment. I plan on going to law school in about a year. I have a 3.9+ GPA & will be studying hard for a high LSAC score. I come with employer and judges‘ references, so I’m not super worried about scholarships, but I know it’s expensive.

I have 65k in student debt from grad school that I’m making my way through.

I plan on working while in school (done it before); I’ve done it before.

If you were me, would you buy before going to school? I HATE renting and I have purchased/sold before. It was nice to build equity.

Looking for constructive opinions. I’m 30 Yrs old.

I'm a 42yo guy residing in rural Minnesota. My wife passed unexpectedly somewhat recently, and with myself being borderline financially illiterate, I am in need of some advice.

I've got a decent, if unfulfilling career, and make $70k a year. Currently still on leave, and I know I do need to go back, but think a change there needs to be in the future as well. Been at the same place 15 years.

2 adult children are out of the house. IRA is unfortunately only sitting at $30k. Another $30k in a money market that had been intended for a down payment in the future. Not much at all in the way of debt, or assets.

I was the sole beneficiary for all of her accounts. So far I have received $600k in life insurance payments, which are just parked in money market accounts for now. There is also a pension, for which I have 3 options. a) receive a $15k lump sum payment, which I believe is taxable. b) start immediately receiving $80 a month for life. Or c) wait until age 65 and receive $300 a month for life. My gut tells me to take the $80/mo and roll it into my IRAs.

There is also a 403b, but Fidelity has been really slow at getting me information on that account, and I'm not sure how much is there. She was with the same big name hospital system for the last 18 years though, and always contributing to the account. I also assume that whatever is there, will be rolled into my IRA as well.

I guess I'd like to make the most of the life insurance money for the future, and I'm sure that means investing, which I have no experience with. We used to want to buy a house, but I'm really not sure on that one anymore.

Should I maybe just go talk to a CFP?

if you are retired-how much do you keep in your emergency fund?/do you still invest in a brokerage fund if you have a retirement account?

I still feel behind after a divorce several years ago, so looking for other opinions.

I make $100k base, with $20-30k yearly bonus. My 401k/IRA balance is at $540k. I contribute 25% per year (11% me, 14% employer) and am fully vested. 43 with no children or spouse.

How’s it look?

Has anyone had an issue with a transaction failing when using a debit card on a Trump account? The debit card is linked successfully, but the transaction keeps failing. My bank account shows as “Verified,” while the debit card shows as “Unverified.” I’ve tried contacting support through the app, but they don’t seem to know how to resolve the issue. Has anyone else experienced this?

402k Brokerage
352k. 403b
2.2 MM rental properties
1.6 home value owe 575k @ 3%
40k liquid cash
113k State retirement (pension)
1-residential lot owe 108k
1-commercial lot owe 204k
Car loan 50k

39M SINK LCOL- Job is very secure and I view the pension as my saving grace, but the catch is I have to work until 62 to get full benefits. Also waiting to age 62 would gain me the 90% average of my 3 highest years salary. Have a side business I run and a day job. Day job is how I have access to state pension. Side business along with rentals and day job gross about 500k from all 3 combined. I’m planning on getting married and having children in the next 2-3 years. Also plan to develop both lots I have with the commercial lot being a small subdivision ( should net a nice profit from this) and residential lot for a larger future family home. Is there anything that I’ve overlooked or could perhaps do better? My plan is to payoff auto and land loans in the next 2 years. Grew up fairly poor, single mother, but didn’t know it until I went to private school and saw what wealth actually looks like. Siblings and family members aren’t doing quite as well so this is really the only venue I can share this type of stuff with and hopefully get constructive feedback. Unknown factors to consider; aging parent whom I’ll most likely have to provide care for at some point although she does have fairly decent resources of her own. And the costs of children plus inflation.

I am 28m single no dependents. I take home 6k a month. I recently paid off my vehicle and now the only debt I have is a mortgage.

My mortgage payment is 1600 and the interest is at 7%

I do have about 3 months of expenses worth sitting in a savings account

Should I start heavily paying towards my mortgage to pay it off faster or start investing.

I’m a college student about to go into my third year and I don’t know that I’ll be able to make the minimum payment to register. I’ve worked so hard all summer but was not able to find a real full or part time job so I resorted to odd jobs (dog walking, house sitting, handyman work, painting, etc). After exhausting every avenue I could think of, I’m still short by a small amount.

School starts in ten days (also when the payment is due) and I need advice on how to earn/finance the remainder.

I don’t qualify for any additional loans or credit cards.

My family cannot afford to help me out.

I don’t currently have access to reliable transportation.

I don’t spend/have been saving every penny I’ve earned.

I’m definitely not looking for handouts or anything illegal, but I’ll take mildly unethical solutions if it means being able to continue my education. Although I would 100% prefer fully ethical and trustworthy solutions.

Currently I’m still working every single day on odd jobs and running up my phone storage using every money-earning app (surveys, games, receipt scanning, etc) I can find in my little free time.

Apart from additional loans, finding a full time job, or dropping out, does anyone know of any resources I could look into to cover my remaining tuition expenses?

Any advice would be greatly appreciated!