My dad is bad with money. He's 67, has no retirement savings, and gets by with a PT job & social security. He is about $25k short of owning his home outright & currently rents it to a family member, making just enough to cover the mortgage. The family member now wants to buy the house. He is considering this as he feels like he'll lose the house to the govt if he ever needs nursing home care; I think he'll blow the money & I'll be saddled w his medical expenses. What to do?

FYI Amex offer for Allen Edmonds. Spend $300 get $90

Fellow EY 🐟. I left EY recently after two happy years there. How can I get the pension money back? I had around $1500 there and they are not able to help in EY-HELP3.
Can I at least do a rollover to an IRA?

Hi all, had a situation I need some help with. PE fund owned interest in a bank that was a CFC that has 965 PTEP. Recently sold off part of it's interest and the bank is no longer considered a CFC. Under the new PFIC regs, I believe it qualifies as a PFIC. How would distributions be treated seeing as it would still qualify as a specified foreign corp?

30 July was special.
Salary credited. Tax debited.
Both were equal.
Ab pura August daal-chawal khaake!

Desi 🐟 fam - What apps are you using to make payments in India using US credit card?!
I use Wise for money transfers and other payments using debit card but i want to pay with my credit card and wondering if there's an option for that

Little worries here guys - not able to transfer to Bittrex. Tried from Polo and Jaxx (cold storage). Transaction looked like it was going thru from Jaxx then seemed like it failed. ETH appeared back in Jaxx account and no changes to trans history...thoughts?

I’m considering investing into a special purpose vehicle (SVP) that would invest into a first round capital raise for a cannabis saas company...what are some of the key questions I should ask/consider? The company has already received seed capital from a couple big names.

Sold 10% of my ETH @$2,500 to pull out my initial cap investment - so tempted to throw it into btc on this dip. Should I pull the trigger at $50k or wait for $47k?

I have a total taxable income of 1978050 for. Which I need to pay 330915 as a tax as per new regime.
I don't have any investment and also as working from home living in my home town so no rented house.
Please help me to save some tax
TIA

Looking to buy a model Y. Test drive it yesterday. Feels a bit sporty (not luxury comfy). Debating:
(1) lease vs. buy. Thoughts?
(2) is the $10K investment in FSD even worth it? I think no.

Hello,

I am filling itr for the first time so I'm a bit worried, as I bought some coins in exchange transferred to metamask, then swaped coins, the later transferred the coins back to exchange. Now I don't have the metamask address, so i dont know the transaction i did.

While filling itr do I have to disclose each trade or just the net profit?

What would you say is the minimum amount of money that your household would have to make before considering to have two babies?

My father took a home loan, and the same home is kept as mortgage.
I'm paying arround 22k emi for the same but unable to exempt tax as the loan is on my father's name.

I googled a lot how to transfer it but neither gift deed nor sale deed would work as the property is on mortgage that's under bank's ownership (until loan is fulfilled).
Tax is also getting deducted, I'm paying hefty emis.
What can I do?
Please advise 🙂

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

Personal finance book recommendations?

So my offer letter says I have return back the signing amount if I leave within a year. How does the math work-full rerun of 20k or post-tax deduction the any that I received ?

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

I'm new to all this. Is it best to save 10% of my salary all in my company's 401k (with 20% match, increasing by 5% every year)... or saving 5% in 401k and 5% in a Roth IRA?

Anybody have experience with JD-specific mortgage loans? I know BBVA offers one

too ambitious to seek a 1-bed EV / stuy town on 100K ? If you have a success story please share (or send BK recs)

Anybody know if there is a way to automate a Gantt chart in excel when building out a roadmap? Essentially want to recreate the functionality of ms project because my client does not have project and wants a nice visual for the roadmap

Best free data sites to tap into to build a city analysis model? Basically I want to "discover" cities with certain dimensions, like: population, elevation, climate, and proximity to other things (ski resorts, particularly)?

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?

How much of a nest egg would you expect a couple to collectively need in order to retire at 40 and live relatively comfortable (not lavish)?

Best romantic dinner spot in Boston? I'm going to propose.

Accenture, you good mate? Too much turkey?

I can really use some direction. My background, I've worked 2 years in strategy and am currently coming off an exhausting year 2 in investment banking. I didn't particularly enjoy either role and am not interested in moving over to the buy-side or some monotonous FP&A role. Everybody says there's exit-ops aplenty, but I find myself with less options and even more picky than I did as an ambitious T2 undergrad student. Where do I go from here?

How long does a Defendant have to oppose a motion for leave to amend a Complaint in Florida for a matter pending in the Eleventh Judicial Circuit, Miami-Dade County?

Lifetime SPGer who is staying at a Marriott hotel for the first time. Platinum gift is 1k Marriott points (vs 500 spg points) and the green choice is 1k points for the whole stay (vs 500 per night)...

Any recommendations for cordless roller blinds for new construction home? Also, should I attempt installing them myself or hire someone?

Need 11 likes for DM

Is anyone able to recommend a recruiter in the NYC area? Second year associate looking for Labor & Employment opportunities at mid-to-large sized firms. Thanks!!

Opinions on career clerkships? Especially with a two year old and wanting another child eventually.

Looking for feedback, I'm updating my resume and I'm wondering at what point should I start removing past work experience. I've heard anything older than 10 years should go?

🧖‍♀️What are your favorite tips for *inner* beauty?

Both healthy eating and healthy thinking! Share below 👇

Hello, MSL grad student here, looking for externships 🙏

How practice premium is given in the monthly payslip

What’s a good baseline amount to keep in a checking account? I generally keep mine pretty low <1000 after paying CCs then dump the rest in savings. As I’m building a rainy day fund and then I will start contributing my brokerage account.

For reference <1 year experience at $4500/month (after taxes and 401k contribution)

Looking to get an Alfa Romeo Giulia Ti sometime this year. Brand new the MSRP is about 45K and despite the reputation of the old Alfa Romeo’s from the 90’s these seem to be night and day more reliable. Would you recommend buying new, leasing new, or buying used? If I bought used it would be anywhere from 2019-2021

Paid off my account debt!

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

Google stock to buy now or after the split?

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

My boyfriend and I make 200K combined and live in NJ. We have $1000 in monthly car payments combined. That’s all we owe. Our credit scores are in the 800s. We have 50K to put down on a home. We have done the math and I know we can afford much more but he doesn’t want to buy more than a 400K home. I’m almost positive we can afford 500K and be more than ok. But then he starts to talk about how much kids cost and how we will be house poor and we won’t be able to afford kids. 🤔 Am I insane??

24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

Under contract for nearly 1.1M. Wife and I are at HHI $315k. Will go up in the future, $400k in 3 years and $500k possible in 5-7 years. We have $300k in non-retirement funds, $260k of which will go towards acquiring the house. We have 2 kids and will probably reduce (not maxing) retirement accounts next 18 months to do this. Anyone have any thoughts or feedback? We’ll have to live on a budget and watch but I feel we’ll get used to it and income will grow.

Seeking feedback on GAP insurance. I had a family member who purchased a car in June or July. They were in an accident last week and it sounds like the car will be declared a total loss. Never dealt with this before, so wanted to ask if anyone has ever had an instance where the insurance didn't cover the outstanding balance of the loan and the insured then owed money? Car was $35k, $7k down, finance $28k. Gap insurance is through lender, not auto insurer.

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

Keen to buy first home in Dubai but skeptical given the uncertainty around the global economy albeit high oil prices which is a positive for the region. What are people thinking? Anyone here from middle east?

Anyone have a recommended tax person in Chicago?

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

My dad stole my identity a couple
years back and tanked my credit score
- brought it down to like 400. I've
been working towards fixing it so that
my boyfriend and I can buy a house in
the next year or so. This morning, I
checked my score after not looking at
it for a while and I'm in the mid 600s!
Y'all don't know how happy I am
about this lol

What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?