Personal Finance Bowl

What is better for long-term savings, maxing out the private pension with employer or ISA ?

I invest most of my money through Chase’s private client ultra short term bond brokerage. It’s earning about 6% per year. My Vanguard brokerage (entirely in VOO) is up 21% in the last 12 months. Sh… more

Buying parents car. I just graduated school and parents are offering I buy the car I’ve been driving from them for half of Kelley blue book. 2019 Mazda3, clean record, no accidents, $45k miles. Would … more

Is ~$3,300 too much in rent? 175k base + 35k bonus. Found a sweet loft in a good area (DMV / DC) but it’s expensive. I know I should probably find a cheaper place but it’s pretty sweet… thoughts?

Do you give your kids an allowance? If so, how much? My partner is of the opinion that we should only give them money in exchange for doing chores, but I think these two should be separate since chore… more

I make about $150k and have $37k in credit cards and loans, not including student loans. I’m now following Dave Ramsey’s Total Money Makeover plan to pay off debt, but I’d like your opinions on my car loan—
… more

Below is our situation, and I want to seek for budgeting advice:

Now we have a household income of $1.1M including stock equity. After tax income is ~$600K. Our mortgage + childcare/education expense is $17K per month. We plan to u… more

Is it better to invest through HSA/401k/IRA or is it ok to take a simple approach and save a percentage of your income and invest in index funds?

I have a little over 3 months of expenses parked in a Vanguard money market mutual fund. I’m thinking that I want to start investing any new funds deposited into that brokerage account in VOO so that I can start investing s… more

23 and want to invest in a 2 bed condo with FHA. I’d like to rent the second room out.

Not certain I’ll be in this city forever, but I feel comfortable with the risk. Condos don’t seem difficult to man… more

Rent or own property? Which one makes the most sense for you and why? I've read of people who could own if they wanted to but still choose to rent, so I'm wondering about the thought process … more

Does anyone here use a financial advisor/planner? How did you know it was the right time to get one? What do you think of those sorts of services, generally speaking?

Seeking experienced personal finance experts to coach low income high schoolers in nonprofit program this Sunday (remote workshop)

Is there an my reason my equity investments shouldn't be 100% US index funds? Idk why I'm supposed to do international, it seems like a very expensive insurance policy

Dave Ramsey recommends putting 15% of income towards retirement after paying off debt - not more or less. What about if you are only starting to save for retirement at 35-40 plus?

Comparison is truly the thief of joy. I see how much everyone else my age (in my social demographic), and I feel woefully underpaid compared to what I know I could be making.

Bilt question- my landlord is not registered with any rental service affiliated with Bilt. How do I use bilt card to pay the rent directly to his BOFA account? Appreciate any tips here.

I make 90K a year and my lease just ended. I’d like to travel the US with my dog on less than 1800K a month including housing, gas and utilities. Is that possible or is the only way to sleep in my car… more

Can’t find a good car bowl so posting here. How does the long term health of GMC trucks compare to Toyota? Have a 2 door 2017 Tacoma, and I am looking to trade it in and get a 4 door truck. There is a… more

We just paid off my spouses law school loans. All $265k of it. Posting to share our relief and pain all at the same time 😅 Sending good vibes to all others who may be on track to paying off this burd… more

Anyone bank with discover? What has your experience been like ?

Hi team

What are the best investment plan you can suggest me

I’m inheriting $5 M - what is the best financial advisor to hire? Is there a specific bank or type I should look for? I want to be safe but not super conservative, but I feel like it’s hard to trust w… more

If you had a million $, what would you do to gain financial freedom ?

Dear experts, I have a 401K plan from an earlier job. This job formed large part of my career tenure. I am tired of them changing providers (6th time now). My options are to consolidate with my curren… more

I read a Forbes article about 17 fintech apps created by women, for women. One of the fintechs was called Knomee, which is pushing the idea of “financial identity” — your needs, goals, risk tolerance, life events… more

How much do you add to a 529 for your kids each year, if anything? Not sure what makes sense given crazy costs of college and unsure what costs will be in 18 years.

What was your lowest point financially speaking and what did you (or are currently doing) to recover?

"Act broke, stay rich". I've heard people say this and I can never tell if they're being ironic or not. What do you think of this mentality? Do you "act broke"?

At what point does it make sense to get a tax pro instead of doing taxes yourself?
My wife and I have a pretty healthy income (175k-ish), just doing normal 9-5 jobs. So there's no weird tax situati… more

Hey, married with a young kid, both me and my wife work and have decent jobs but live in NY. We feel like we don’t spend too much but always seem to be not saving much money. Any suggestions on an app… more