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Buy new car at 12% of gross income

Iā€™m looking at buying a new car for my family. Our old one is having issues, Iā€™m not handy, and I want new safety features to keep them as safe as possible. The car is kind of expensive but to contextualize it, it costs about 12% of my gross income to buy it in cash […]

What to do with 20k at 20?

Iā€™m a 19 year old kid from a third world country about to turn 20 in February. Currently, Iā€™m studying in the US towards an engineering degree. I got an inheritance of 20k I was not expecting and have absolutely no idea what to do with it. Some important things to note: My parents are […]

What is the best way to curb your impulse shopping?

I sincerely wish my impulse shopping addiction reduces soon. I buy alot of stuff for instant gratification and want to understand what can reduce this. šŸ›ļøšŸ›ļøšŸ’øšŸ’øšŸ’ø ! Is there any out there that used to be like me but has improved on their spending habits? submitted by /u/butterflyred765 [comments] Source link

Does Roth conversion make sense

I am back and forth on this and thought I would see what kind of perspective I could get from here. I am starting to retire. I am now working part time. I'm 63 and wife is 60 only I am working. Wife was laid off in 2021 during Covid and never went back to […]

Option for early pension lump sum payout

An old company I worked for moved from pensions to 401K while I was still working there. I received a letter and email that they are offering an early lump sum payout. Just wondering what the pros and cons of this are. The pension is around 10k currently and has no movement on it due […]

I need a small plan to invest cash

Living in a fragile state, not safe to put money in local banks, also "cash is trash" as they say and I don't want to keep it in the safe for too long. Gold maybe, but whats the portion? Shares? Crypto? Land? Need a plan please. submitted by /u/AdditionalYouth1991 [comments] Source link