I am going to Japan soon, and will be there for a month. The answer is yen, obviously. But I have American and Australian dollars/bank accounts and can't figure out which one I should use. [more inside]
I’m trying to determine if it’s worth it to plan a career change from engineering to patent law, with a lengthy, difficult, expensive stop through law school first. Have you done this? Do you have special insight? [more inside]
I'm trying to start to budget more and I periodically have these a-ha moments where I realize I have been spending waaaay too much money on things that I shouldn't. Help me figure out what else I'm missing. [more inside]
What would you do? My friend Ted and I have a disagreement about a pool cue that has fractured our relationship. Ted says I broke an agreement to trade with him for a cue case. He said I screwed him because when he showed up on Monday with the case I told him another friend, Dan had bought the cue over the weekend. I'll return to this in a moment but there is an element to this dispute regarding Gene giving me the disputed cue back in 2012 three years ago. [more inside]
My partner and I have gotten into the habit of using tax preparers over the past decade, with the end result that I no longer feel like I really understand what's going on with my tax return. How can i get from where I am now to doing them myself with a high degree of understanding of my tax situation. [more inside]
Mr wwax & I have finally narrowed down our car choice to a Subaru Outback, but now the big questions arise. Do we buy new or certified preowned or just plain old secondhand? Then if we can finally stop going around in circles on that issue, what is the best way to borrow the money to buy the car? [more inside]
A relative wants to give a cash gift to my 12-year-old child, but wants to put it in some kind of account where it can grow for many years before the child receives it. Where? How? It's under $1000 and we're in the U.S. [more inside]
Time to move out, my friends. I realized I'm being threatened to be disowned again. However, unlike the other times I think the other person might be serious this time around. So tell me about all the resources needed and how fast can I leave? [more inside]
My friend is embarking on a potentially disastrous business idea. Should I try to dissuade him? How do I do that tactfully, without sabotaging our relationship? [more inside]
I am in the market for a new home for my emergency savings. My current bank is a joke and I need some consistency so my money doesn't become nomadic. [more inside]
What's the commonly acceptable etiquette on reimbursing someone when you back out of a trip? [more inside]
Buying our first home, I'm would like to go with a buyer agent and have our first meeting set with one Saturday. I'm turning to the hive mind for your tip, tricks, questions, and other things you wish you would have done or found helpful during meeting with your realtor. [more inside]
I was incredibly touched to learn that my goddaughter has decided that in lieu of a birthday party she's inviting all of her guests to a local book repository to sort, sticker, and bag books destined for low-income families. I love this and want to do something for her birthday to help encourage more of this kind of thing in the future. Help me choose from some options or suggest something else: [more inside]
My parents are about to inherit a reasonable amount of money. They want to give my brother and I a lump sum of around £20000 each. If they just transfer the money to us what happens about tax? Is there a way to minimise the amount of tax to be paid? You are not my solicitor or financial advisor etc etc. I'll take advice but would like an understanding before I do. Thanks!
I recently asked someone at work for our operating budget for the purpose of registering for software discounts. I was given a number and it didn't quite make sense to me. I think that there may be at least two definitions of 'operating budget'. The workplace in question is a 501c(3) non-profit if that changes the definition. What would be tallied to make up the operating budget?
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]
What are some quick, legal, and ethical ways to make extra money over the next few months? Relevant details inside. [more inside]
This is my first ever question on metafilter, and it probably sounds absurd. I recently got a relatively-high-paying job away from home, and I'm only 23. Maybe it's because I'm lonely, but only time I feel good about myself or feel like I'm worth anything is when I help others. [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]