I’m moving out of the city that I’ve been in for the past 2 years. I have the option to move into a HCOL city with my friends or live at home with my parents in the suburbs. I know I’ll have way more fun & be happier with my friends in the city, but I’m going back to get my MBA in the fall of 2023 (already accepted) & can save >$40k if I live at home for a year and can use that for school. I’m 23 with no debt and $100k TC. Would love to hear some thoughts - is the extra $40k worth it?

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Is there a middle ground option where you live with your parents but redirect a portion of the savings to fund some awesome trips? Would give you something fun to look forward to every 2-3 months or whatever makes sense for your schedule.

likesmart

You’ll never get time back. Find a balance.

Would you rather spend $40k living with current friends or making new fiends durning the MBA?

Coming from post MBA I wish I had more savings beforehand and missed out on some really cool trips due to lack of cash flow.

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I am planning to apply next year. Took GRE this spring to try to get out of the way, debating if I should retake in the winter but not sure if it’s worth my energy (and sanity tbh). Got 165 Q / 157 V and currently aiming for Ross, Owen, Fuqua, UNC, maybe one or two others. Dont really see myself doing M7.

Background: white female, finance and liberal arts doubld major from top 20 public undergrad, at Deloitte consulting, hoping for company sponsorship

Thoughts on retaking exam?

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Totally random Q and I doubt this will be a good fit for folks here, but, anyone looking for the deal of a lifetime on a gorgeous condo in South Boston? (Over $1M FYI). Happy to be creative with financing and work without brokers for a lower cost for all. I need to move for family reasons for about a year so instead of renting it out and coming back, I’d sell for the right person

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I’m a recruiter who would like to eventually pivot to HR but I don’t have an HR degree. I’m considering pursing a Masters degree however am torn between HR or Org Psych/Org Development. Would love to hear folks’ perspective of either degree!

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Which platform are you using to trade in Crypto
?

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In a really weird pickle right now. I filed my ITR and paid due taxes, but the filed return isn’t showing up in my profile at all, even after successful payment. I have reached out to IT dept by raising a grievance, and through email and Twitter, but haven’t heard a word in a month. Is there anything else I can do?

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How can I learn about investing in real estate? Any good books or articles?

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Where does KPMG folks have their HSAs - it appears that schwab doesnt offer HSA accounts?

Bad times for those who hold pharma stocks...

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I will be joining JPMorgan Chase, wanted to check if they support and sponsor further education(mba)? If so, what would be the eligible and acceptable criteria? Thank you.

Anyone transfer from consulting to IB? Is it worth it to do it at 3YOE or go down the MBA associate route?

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I curry have a base salary of a little above 120k. I am maxing my 401k and invest in the Shar purchase plan I am offered. Would a brokerage account make more sense or a IRA OR a Roth IRA?

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Any recommendations on six sigma lean green belt program? I am looking towards attaining certifications that will make me more marketable for admin roles

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Whats the best industry certification for business analyst?

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Random question: does everyone have 5000 pounds of saving? 😂

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My strategy for Bitcoin:

Buy low
Get worried and sell lower
Get FOMO and buy even lower
Panic and sell at its lowest
Cry myself to sleep
Repeat

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I need partners all over the world for any deal that can give us financial freedom. Thou my question is there some kind of free funds online. I need more knowledge on IPIP, SBLC, 2D gateways and MT709

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Does PHR certification help in India, as this is globally recognised how much valuable is this currently in indian job market.

Do we got some good offers or its another certificate just to add to CV after so much of investment & time I don't want to get this wasted !!

Need suggestions ??

How did you get buyers to look realistically? For example, if they have a low budget, but a lengthy checklist where they might not get everything for their price range.

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For the people who earned the SHRM-CP, did you feel it was worth it? I have an indirect HR position, been applying for more HR focused positions and wondering if this would help. I got the CAPM (certified associate of project management) in December, but that hasn’t really changed things. Would love some opinions before working on another certification!

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Today is my date of joining and it's been 11:30 am, still not received any meeting link. What should I do. I tried calling but the number is switched off.
Please help.

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Will anyone be at the NABA southern region conference in ATL tomorrow?

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Has anyone ordered the GOT items at Shake Shack recently?

Post Photo
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How is AirBnB ethical when its business model exists through legal arbitrage? It has functionally created rental property service without being subject to the same taxes and liability insurance of a regular hotel company due to the dubious claim of “It’s on the web.”

likesmartupliftinghelpfulfunny

Folks, need some insights. In 2020, I opened a tradition IRA to fund a Roth IRA. The 6k that went into traditional IRA was immediately converted to Roth IRA. This happened before the deadline hit after I had filed taxes for 2019. The brokerage has sent me 1099-R showing this “distribution” for 2020 I.e. the 1099-R is a 2020. I have not made/converted anything for 2020 yet. I’m confused as to what this 1099-R is for (besides an FYI) since that conversion was for 2019. Do I need to report anurj

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Name one thing you're thankful for.

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Hi guys,, people working as data analyst/engineering can we have salary, experience ,skills and company required to make a switch or change domain as we don't have much information compared to development side,,,,it would be really helpful,,, thanks in advance

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I will be losing on a lot of bonus if I join Cognizant. Should I negotiate on my CTC adding my bonus in my base salary or ask them to compensate for the lost bonus as joining bonus

Also, I had a retention clause with my current company for a certification I did, which was costly; can I ask Cognizant to consider paying it?

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Is it possible to move from SAP SDC to SAP Labs ? If yes, what should be the criteria and how to initiative the process - can someone advice me on this. TechStack : Functional Consultant

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Hi , I am interviewing for System Database Administrator- Oracle at Kyndryl location Brno Czech Republic. I have 7 yoe. What yearly salary should I ask for?

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How many days before the Date of joining does PwC India send their onboarding mail?PwC

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Industry vs. academic research, what have your experiences in either been like and which do you prefer?

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USI Insurance brokerage and consulting - thoughts? A recruiter reached out to me via linked in and I was wondering if anyone had any opinions on this company. They seem to have decent reviews on Glassdoor but I was hoping to get more insight into workload and comp. Thanks in advance! USI

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Anyone hiring for a PBM with 2 years experience in Chicago or Los Angeles?

Can anyone refer me for Payment BA opening within BNYM

Can anyone help me to find a job in Legato, Bangalore? 12 yrs experience in US Healthcare.

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I’m entering my senior year of undergrad studying copywriting. I can’t afford portfolio school but my school’s ad major is modeled after portfolio schools. What can I do to stand out?

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Which is better LnT or wipro ? Offer is same

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interviewing for the first time since forever (I know, should have switched earlier), I had the last interview for one firm and expected to hear back from them last week, nothing as of now. Don't feel like I'm being ghosted yet, they are not in a rush to find someone. 

Do you usually inquire on the status? I'm also having a last round with another firm on Friday. Should I tell any firm that I'm in the interview process with another one? What is the best strategy these days? Thank you

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Additional Posts in FIRE Financial Independence Retire Early

Thoughts on whole life insurance? Worth it?

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Turning 28 and hit $300K NW today. Never formally FIRE’d but want to set out a plan for here onwards. What’s some good material / easy reading to start with?

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Need some advice here, if it's from a tax professional or accountant even better.

My wife was doing a backdoor Roth IRA, she transfered money to her Traditional IRA and instead of transferring the money to her Roth IRA, she accidentally invested the money in her Traditional IRA.

How can she fix this? Can she sell the stocks and then transfer the cash to her Roth? Would there be any tax implications? Any special form that we need to fill out?

Thanks in advance!

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Unpopular opinion: the FIRE community is contributing to an unhealthy workaholic culture as we forestall healthy work-life balance in favor of reaching our “FIRE” numbers a few years earlier. As a result, work culture is becoming all the more intolerable as the bold few would-be advocates for work-life balance are sucked headfirst into the rat race, and no one is left to fix things from the inside.

Society overall would be better served by a more community-minded approach to work-life balance.

likefunnysmarthelpful

Any advice from a soon to be landlord?

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What should I invest my Roth 401k in? I’m a recent college grad and currently have 100% in a target date (2060) fund. Should I be dividing my contributions among anything besides the target date fund?

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How do I get into credit repair business?

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Does anyone here follow the Financial Samurai blog? Is so, what do folks think about his numbers for "average net worth of the above average couple"? And how does that jive with the FIRE principles/mindset?

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Anybody here buy a rowhouse with a basement rental, live in the basement and rent out the upper floor? I only see the reverse in DC.

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What is your age and how much do you have saved across accounts? How much do you think you will need for retirement and at what age do you plant to retire?

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Digital nomads? I have enough for coastfire and was thinking of bouncing around and teaching English online to stay afloat. Opinions?

likehelpful

I have a chunk of money I'm trying to invest in index funds (around 20k). Should I wait for the market to dip a little before I purchase or does it not matter given its a > 15 year time horizon investment?

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Engaged, and beginning to do joint retirement planning. I’move got IRAs, 401ks, the usual. My fiancé says she’s never opened an IRA because her parents started a program for her under New York life. Went to the website and it seems like it’s completely different - some annuities, some life insurance that you can withdraw early (?). Anyone ever go this route or have insight into it?

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Friends I’d love some help- Finally had a transparent convo w my parents about their finances. They were hit very hard in 2008 in their mid 50s, have recovered a bit but now they’re 65+ and need some advice. They have roughly $250k home equity (and ~$230k mortgage at 3.1%). $90k cash. Then $250-300k in IRA (80/20 equities/fixed income). Get ~$4k/month combined social security. No long term care insurance. Use Medicare + pay $250/month for supplemental health care. Cont in comments

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Help! I need to invest in a passive income but don’t know where to start. Any suggestions? 🙏

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How do you fire your financial advisor? We've used him for two years and the cost doesn't justify the work he does. We tried to fire him last year, but we weren't successful.

likefunny

What’s a good budget for a king size mattress? $160k salary if relevant.

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Has anyone here committed to a partner who has significant debt? My partner of over a year has >$300K in debt from med school. She has since quit medicine, due to a toxic culture that sounds worse than biglaw. In the last year she started earning enough to refinance her loans into a 10-year horizon. I am fortunate to be debt free and am saving aggressively with the aim of making a down payment on a NYC apartment in the next 5 years. We would like to get married before owning property (cont)

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Newbie investor asked me a question, they have $5k to invest and were wondering if they should put it in an index fund (S&P500 - which is what I’d normally recommend plus DCA thereafter) or if they should buy AMZN given that it is well off of its highs, is a solid company and would, in 12-18 months, likely grow faster than the S&P, as interest rates normalize over that time period, etc. That got me thinking… so I’m asking all of you, what would you do/recommend?

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Hi, I know this isn't the place to seek tax advice. I haven't sold a car so this doesn't apply to me just yet, but was curious on the overall topic and people's experiences if they've dealt with this.
If I bought a car and sold it for less than the initial purchase price, would I pay taxes on the difference between the sale price and cost basis? If so how would I determine my basis in such a rapidly depreciating asset? Trying to decide if selling is worth the potential hassle. TIA