Today my Mom and I sat through a Rainbow vacuum cleaner sales pitch for 2 hours and ultimately she decided to buy one for $3,000. Throughout the pitch, she kept asking me what i thought and i gave her my opinion several times that it wasn't worth it and we had other places we could spend the money that might have higher priority. She's a widow in her 60's and i think she just wanted permission from someone else to buy it. [more inside]
I have two gift cards with small amounts on them (just under $5 total) and to be honest I'd much rather give it to a charity than mess with trying to spend it at the store. It seems like a trivial amount but I figure it'd be better than nothing. The problem I'm having is finding a cause that will accept less than ten dollars by card. Any ideas?
A print company owner is asking me what my pay requirements are to join his staff as an illustrator. How much do people who do this kind of thing make? [more inside]
My company is undergoing the first steps into being sold. How do I stop panicking long enough to figure out my next steps? [more inside]
Yay! I finally sold my house and have the check from the title company in hand. I made money on the sale of the house, but I have a few questions about how to maintain my investment. For tax purposes, does this qualify as "income"? Will I be assessed a Capital Gains Tax? Is a money market the best place to keep the cash from the sale? Please help a money noob... [more inside]
I'm wasting a ton of money on my current cell phone/home internet plan. To tighten up, I could pay the cancellation fee to AT&T, and for almost a third the monthly cost, give up the home network and switch to something like ConsumerCellular or (from a comparison website) T-Mobile's Simple Starter plan (600 minutes, 500 messages, 2GB; data pass available for unexpected overage; I can keep my iPhone 4). Roaming is not a big issue. [more inside]
I am a freelancer. Please help me understand how to raise my rates. [more inside]
My partner and I currently live in PA. Before moving here from CA, my partner sold a vehicle to a private party (I was not a part of this transaction). That guy never registered the vehicle and collected a ton of tickets.. which he never paid. The state of CA just auto-deducted over $800 from his bank account to cover these tickets. Rent is due next week, and our landlord is kind of a drag. We're a little overwhelmed. This is terrible! What happens now?
Say a client hires you, a freelance creative person (artist, writer, designer, ...) for a project without bringing up the budget or asking about your fee. The client is valuable and you want to come across as smooth, friendly, and of course professional--so what are clever ways of approaching the subject?
Do I need to cash/euro to get by for 12 hours in Frankfurt? [more inside]
Debating using Twitter ads at the company where I work- you only pay if the ads actually work, according to twitter - only if people follow you, they say. Our question - if it charges per follower, is it per follower who clicked through the ad and ended up clicking follow after being led there by the ad, or does it charge for every single - even organic or gained otherwise - follower you or your company or brand amass during the time the ad is running? This is a very big distinction as far as I am concerned.
I agreed to let a friend from out of the country stay with me for almost a month this summer, but now that the visit is getting closer, she has been mentioning that she doesn't have any spending money. Help me make sure this doesn't become my problem! [more inside]
At a picnic with some friends, I gave everyone ten-ish minute massages (I am a massage therapist). It was a spontaneous gesture and I really enjoyed doing it. As I was leaving, a friend slipped an envelope in my bag. When I got home and opened it, there was a card with money inside, thanking me for their "first session". I feel like this turned a spontaneous act of goodwill and friendship into a business transaction. I'm hurt, saddened, and a little offended. I didn't want money or ask for it, and I don't think that I said or did anything implying otherwise. Now I feel like I'm not their friend, I'm hired help. How do I address this?
GetRichQuickFilter: Where can I make my own paper money? [more inside]
I think one of my (divorced) parents may have withdrawn legally shared assets and the other parent may be unaware. What is my moral responsibility in this situation, or is it none of my business? Complexities inside. [more inside]
My partner makes money and has savings. I am a grad student, have no savings, but will make money. How to handle potential cohabitation? [more inside]
Thanks to well-meaning family, I have owned a number of stocks and other assets since my birth. The net worth of these assets is very modest, but if I sold them it would offset some ongoing financial stressors. Yet it seems prudent to keep them for a while longer. But why? What if everything crashes next week? What if [the specific stocks I own] crash next week? How do people predict this and stay on top of their assets without spending an inordinate amount of time on them? [more inside]
Hey, could anyone show me where to find the book called "How to make money in your spare time" by 673126? The case is yours Detective Hive Mind!
Am I saving enough for taxes from my second job? I live in the US and have no state income taxes. My main job is W2. I make around $56k and usually end up close to even on my Fed return. I now have a second job that's 1099. I get paid $150 a week and set aside $50. Is this probably enough for Fed (income/SS) taxes?
My mother still gets her bank statements by paper mail. Her latest one failed to be delivered for 2 weeks now, and she verified the bank mailed it, so we assume it was delivered by the mail carrier to the wrong address, or dropped, or something. Nothing has happened yet, but it seems best to guard against the worst-case scenario, namely that someone else now has her home address, bank address, all account numbers (including retirement accounts), possibly other identifying information, and has the willingness to exploit it. What are the prudent steps we should take? [more inside]
So budget has been a bit tight these days and I realized I'm losing a-lot of money into cell phone and internet bills. I have the nagging suspicion that I'm paying more than others. Do people know any tactics to use to bring down internet and cell-phone rates? I've tried threatening to quit before, with some success, but I think they have that on record now and it seems to work less well. [more inside]
Practical: Any ideas for fun-but-cheap bachelorette weekend accommodations or activities around the central East Coast? Context: I'm the last single friend of our group of friends, and the most broke. I'm comfortable with talking about money, but my friends are WASPier types who'd prefer to never, ever discuss anything to do with finances, and tend to change the subject abruptly when it comes up. This is a problem when I'm expected to pitch in for something that I really can't afford, but that everyone else can. I'm thinking the best solution is to pitch an alternative that I can afford. [more inside]
About 10 years ago I inherited my grandmas small fortune of paper and coin currency she amassed during the 70's and 80's while visiting nearly 100 world countries. The shoebox-collection contains maybe 200 coins and 100 paper notes, and some of them are really quite impressive! I've been lugging this box around for years and the time has come to finally part with it (sorry grandma). I'm not a coin collector and really don't know much about any of it, but with the help of a few books I researched a handful of coins and notes only to find out they're not worth diddly (<$1, if that). I have a feeling most of the collection is like this except for a few gold Rand coins and some notes that were previously appraised. Hivemind: what are some ways to liquidate my collection?
I've written before about my elderly mom's dementia. This is less about her memory problems (and mine dealing with them) and more about a sticky financial situation she's in, thanks to my stepsister. You are not my lawyer, but legal advice would be welcome. Prepare for flurries, inside. [more inside]
Please tell me what wireless plan to get for my family! We have four lines (mom and dad, two grown kids) on our family plan from Verizon for $188/mt. I think we can pay less but I'm really overwhelmed by all the options and possibilities. [more inside]
I have a small freelance business, and for convenience's sake many of my clients choose to pay me via PayPal. What are the best practices I can implement to reduce the fees I pay? Or just general best practices where this is concerned? Or...other ways to accept payments? [more inside]
When I use a discount code on a food delivery website (seamless/grubhub/delivery.com) does that money get taken out of the website's cut, the restaurant's payment for food (or the delivery guy's tip?), or is it split somehow, or what? [more inside]
We have a collection of old foreign money that we'd like to get rid of. What's the best thing to do with it? Complicating factors: not that old, not that much, not exactly a curated collection, we're in Canada. [more inside]
For reasons that were mutually beneficial at face value, I sold my car to my SO's parent. However, therein lies the problem.. any way to get myself in a better situation than the one I've inadvertently gotten myself into without realizing the full ramifications of my decision? [more inside]
I've recently acquired a small sum of money and I'd like to put it somewhere where I can't touch it, except in emergencies. It's not a massive amount, but its more than I usually have on hand and I'd rather not squander it. If I just leave it in my bank account I know I'll end up using it up. Where can I put it so that its aavailable in emergencies but is still hard to access? If it gains interest that would also be good. I'm in Australia.
My 33 year old older brother is sponging off my parents and isn't getting a job, I'm worried that he's going to get kicked out of my parents' house. He got fired a while ago and I'm pretty sure his main problem is depression/having given up; I'm pretty sure he's better than this though. [more inside]
I'm trying to find a new job so I can start actually saving some money and move into my own place. I'm a college grad with a linguistics degree living in northern NJ. For the past three years, I've been living with family, paying a small amount of rent each month, living a paycheck-to-paycheck existence and working a job I don't particularly enjoy. I'm done with this, but I don't know where to begin. I know there are a lot of posts such as this one on here, but I'd like to try to find answers particular to my situation. [more inside]
As we discuss our future together, and with other big changes afoot/underway, my boyfriend and I would like to see financial advice about some specific questions/scenarios but I'm not sure what kind of advisor we should be seeking out. [more inside]
I come from a family where we didn't have so much. My parents were ok but tight. I studied until 32 years old, did a master degree and now I have a good job that pays me well and I earn twice what my parents are earning together. And I can see that my salary is going to grow fast over the next years. The more I earn, the worst I feel. It's like I don't deserve so much. But believe me, I worked hard at school, paid all my tuition myself by working part-time while studying. But I still live like when I was earning 30k$ per year. The extra, I save it, I don't spend much. So I have now a huge saving account instead of enjoying except for travelling. By the way, my parents never made any bad comment about my situation. They are proud of me, not jealous at all. So it's all in my head. I feel bad also because a lot of people struggles, don't have job or has to go to charity for food. My friends earn about the same as me so nobody's jaleous. I would like to feel proud of making money instead of feeling guilty. What should I think so that I can feel proud? Thanks for your help!
I have between 80K and 100K euros in a savings account in the Netherlands. If I need to transfer this to the UK (to, say, buy property), what is the best way to do this? I am a US citizen, current EU resident, possible near-future UK resident.
I lent my cousin a very special item. Now they won't give it back. Do I fight or retreat? [more inside]
I'm hoping to start our food and sundries budget off on the right foot by shopping the sales as much as possible, but going through flyers and/or finding coupons on store at a time can be really tedious. There has to be a site or app for this, but I seem to be striking out. Any recommendations from the hive mind? Bonus made-up points for anything that lets me set even basic alerts. (The Canada factor is key--the initial few apps I've looked at have been US-only.)
Are they good for using as a nest egg of sorts (e.g. money to live on when I'm in between freelance gigs) or for saving up for something specific (a vacation, Invisalign braces, etc.)? [more inside]
I went back to school to get some certificates. During the two years since I finished, I have never received even one invoice for my education debt. I have not been contacted in any way. I can't even figure out who I owe money to. Am I going to be in trouble? [more inside]
Here's what I'm wondering. I recently discovered that an old respected friend is studying to become a Dianetics Auditor. My friend had a rough patch a few years ago and ended up feeling happier after undergoing Dianetcs Auditing. Good for her, I say. All I know of the church makes it seem like a nonsensical cult-like place that takes your money, but she's happy. [more inside]
I saw a post on tumblr, about why some larger bills have little stamps on them. The reason they gave is that drug dealers will stamp the bills to keep track of them. This makes absolutely no sense to me. So question one is, does this sound accurate? Does anyone have any way of saying if this is or isn't true? Question two, why the heck are these stamps on bills? Here's a picture of a purported drug dealer stamped bill.
Many years ago I read an essay that was pretty critical of the way so much fantasy fiction could not build believable societies with plausible economic underpinnings. The author was fairly concise and snarky, arguing that (I'm paraphrasing here) she could suspend disbelief about dragons and magic, but that she couldn't slog her way through a book where not the least bit of thought had been given to how all these characters and their associates could make a living, grow or acquire food, and otherwise acquire money and engage in trade. I think it was an essay by Joanna Russ in Fantasy & Science Fiction in the 70s, when she had a regular book review column there, but I could be conflating like mad.
Let's say hypothetically someone had $100,000 in cash and they wanted to convert it to some other item of equal value and store in a safe deposit box. What would the best item be? In the movies it tends to be some kind of certificate like bearer bonds, or precious metals, artwork, or jewelry. What choice is the most secure and likely to retain its value over time?
Our house is entirely plumbed in copper. Even the ginormous pipe that leaves the house to go out to the sewer.. whenever people see the maze of pipes in our basement, they comment on how valuable it is. But really? I mean, besides all the work of tearing it out and dealing with the weight, etc etc, how would a normal person like me turn it into money???? [Not that I want to; I just ponder these things sometimes.]
I'd like a resource, be it a website, blog, book, etc. for learning about money, such as explaining inflation, compound interest, types of savings accounts, etc. I'm basically trying to learn how money works. Thanks. :)
So, I just found out about SmartyPig, which offers a 1% APR. I've been using INGDirect (now Capitol One360) as my primary savings account for years, and while I've been generally happy with them, they only offer 0.75% APR. Are there downsides I'm not seeing to switching over to SmartyPig? Have you had excellent/terrible experiences with either of them that would lead you to recommend or vehemently oppose their use? I'm not sure if it makes any difference, but my checking account is with BBVACompass, who's the bank behind SmartyPig. Any insight would be much appreciated!
I realize that 70K is a lot for most people, but how much is it if I were a single mom with one child living in/near a large city? I have always had the belief that I should be able to support myself and my child, should anything (divorce) happen. I face a choice now between starting a career I am passionate about (helping others) but will probably pay a steady 70K for the rest of my life. The other alternative is to stay in my boring, high paying job (100K by my 30's) that lets me enjoy the nights and weekends but does not make me feel satisfied or that I am contributing to society. I already volunteer on the side, and still desire a meaningful job. I obviously want to go with my heart and pursue my passion, but I am in my mid 20's and cannot even imagine what my income requirements / priorities will be in my mid 30's when I will hopefully have a kid and a mortgage.
Asking for a friend. YANHL. A couple has divorced, wife has a local civil service pension and husband a federal civilian pension. The judge ruled they would split each pension 50/50, instead of letting them keep their own. She has sent her court order to his pension board and has received acknowledgement. She has been unable to get any answers from the pension board about what happens now. He has left federal service but has not retired. Does she have to wait until he retires to start receiving her monthly checks from the federal system? Can she start getting them when he reaches retirement age even if he's not retired? Who can she contact that will answer her questions? Would CC'ing her Senators/Rep on her emails help or hurt? Thanks.
My main squeeze is moving in! Our finances are starting to be a little more comingled and I'm looking for the best, healthiest way to start having a regular "money check-in" as part of our new life together. He is on board with this. How do we structure the conversation? Is there a sample agenda? Do we make it a date night? Help, please. [more inside]
My ex-partner owes me about two grand. Should I walk away from it? [more inside]