Tips for good money management practices? I realized I really like to spend 🙃

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Spend less than you make

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When I want something, I put it in a time capsule and then revisit it in 6 months. It saves me from a lot of impulse retail buys. I also avoid buying anything in store that is not on my list when shopping

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Invest 70% of your disposable income automatically the day you get paid. I’m terrible with money management so I have about $1800 come out the day I get paid.

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This! Set up direct debits so your money moves to your savings automatically the day you get paid.

Then set up a direct debit to another account with a weekly allowance for yourself. Only spend money from this account and if you want something more expensive, you gotta try and save up for it.

Zero-dollar budgeting, especially YNAB

Have two Bank Accounts. Put what you want to save in one and what you want it spend in the other. Only take one card wherever you go.

A written budget

Get a budgeting app for your phone. When I saw in black and white how much money I was spending frivolously it really helped me to crack down and be more responsible.

Make a budget then track your spending to see if you're actually staying within that budget. I learned a lot just by sitting down and seeing what I had actually been spending, even when I thought I was doing pretty good.

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Why are some people saying that they (regulators or the govt) need to stop GME trading? Isn’t this a free market?

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Hii ,
First time investing and hence I did some research on investment and planning to invest 40k in the below fashion.
10k-ELSS 10K-Equity MF 10k-Debt MF 4K-NPS 6K-PPF . Is it fine or any suggestions are welcomed. Also if anyone can suggest me which ELSS or mutual fund should I select considering the current market scenario

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Should I put $20K towards my student loan balance of $230K before the no-interest period ends or max out my 401k, which I have contributed nothing to this year. I’m 25. Employee matches 4%.

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I am considering investing in an early stage startup. I know the founders for many years and are more like family to me. I will be investing $100K with a convertible note. What should be the equity that I should be drawing out? I don’t want to draw just the fair amount so the company is not at a disadvantage when they eventually raise money outside of F&F. They are valued at $5M by a startup accelerator and received $50K as part of being admitted into the program. Contd.

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I have some 400k delta skypesos and would like to go to asia next year. How should i use it well?

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My investing strategy is just to DCA into an S&P 500 index fund and keep buying and holding. If I understand correctly, the sole disadvantage this has compared to a tax sheltered retirement account is that the quarterly dividends will be taxed? But even so, they’ll be taxed at a lower qualified dividend rate since I’m automatically reinvesting those dividends.

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Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .

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HNY all! I have multiple rollover and traditional IRAs, as well as a solo 401k. But (since I started paying attention to this kind of thing) have always been over the income limit to start a Roth IRA. I’ve also not done much contributing in the last few years due to purchasing an apartment and saving for renovations. Cue pandemic joblessness... if married filing separately, would you say it’s a good idea to start a Roth while under the income limit, even in this climate? Any reason not to?

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How do folks feel about I bonds right now? They’re earning 9+% at the moment.

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Next year, my wife and I will make $219,500 between us. If we contribute $15,500 to a traditional IRA, will that bring our MAGI down and make us eligible to contribute to a ROTH IRA as a married couple?

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Problem gambler here having to deal with multiple payday loans. Does anyone have any advice on how to handle? Been in a situation with pay day loans in the past? Any guidance would be great.

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Does nagarro deducted tax from first month's salary, as company is saying that we can only show our investment once first salary is credited.

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Based on other post, I am just not sure who picks out names of small hick towns

*Drum rolls* presenting Climax, SK.

Just 23km north of US border, between Lone Tree #18 (not to be confused w/ 19) with a population of 196.

🍁🍁🍁

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Google Assistant or Amazon Echo?

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How can you negotiate a break between jobs!

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Who is closing the week between Christmas and New Year in 2020?

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Gave a friend 40K 6 months ago. Now his number is unreachable. Has blocked me on whatsapp. He is not on Instagram, Twitter.
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Eb1 I-Long term employee. International transferee.

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Proposal for pitching this....legal, time saving, energy goldmine....total consulting (life / work) must have!

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Please suggest.
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Are there any Deals/M&A Data Analytics roles around that don’t require a formal data science degree? I applied for PwC’s Deal Analytics role but was rejected.
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I feel stuck as a Strategy Manager and want to make a career pivot at 35. But have no idea what i should do? Any suggestions, resources or books that I should read to help with my existential mid thirties crisis? I have experience in technology consulting, corporate strategy, freelance consulting and law. Do I go back to being an Attorney, or do I retrain and become a financial advisor or something else?

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senior sales executive at atp

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