Noob question: can the ‘penalty’ be enough for a net loss, or you just hurt your potential gain?

Honestly, the first thing you need to do is get on top of your mental health. It’s good that you’re seeking treatment - I know how hard that step can be. Don’t give up on that yet. If your treatment isn’t working, talk to your care team (doctor/therapist/whatever) about trying something else. The first meds I tried made me super sick. I was lucky that the second thing worked well with minimal side effects. Everyone is different and has different needs. There are tons of different med options out there.

Once you’ve found a treatment that works, you’ll be in a better place to make decisions going forward.

I think it would be usery in most states, i.e. illegal lending rate.

^ This. It accrues daily based on your balance that day. You’re paid at the end of the month.

To compare the effective interest rates of T-bill and CD, you need to take into account that T-bill is exempt from state tax. 1. Find out your marginal state income tax rate Rtax. Marginal means the rate applying to the highest tax bracket you are in. 2. Find out the T-bill rate through brokerage or the recent auction results on treasury direct Rtbill. 3. Compare Rcd*(1-Rtax) with Rtbill.

I did actually open a roth a couple of years ago but I only made the initial max contribution and never did anything with it :-/ I got a little overwhelmed/intimated with that direct investing so have just avoided it. What do you mean by automate investing?

I have 6 months emergency funds set aside and another chunk of savings I was planning to put in a hysa. Any major difference between that and a money market fund? Thanks!!

You got two kidneys? I thought people were up for giving their plasma and get some cash.

But you guys it seems like are on a whole new level though lmao that just scared the hell out of me too bad

Haha no your insurance won’t pay this, but if you have comprehensive insurance they hopefully will go and get the money that you are owed from the other driver’s insurance

Are there regulations against insurance companies encouraging OP to commit insurance fraud? Seems like there oughtta be.

> I've never heard of an insurance company offering to pay your deductible and rental but not pay for the repairs. They are ultimately liable for the repairs.

Sounds like that's why they're offering.

It's cheaper for them to pay a $500 deductible and allow OP's insurance to cover the balance, than to pay for the repairs minus the deductible.

It sure does sound like the other driver's insurance company is encouraging OP to commit insurance fraud.

Sounds like they want you to settle for 500 dollars under the auspices of “let me pay your deductible”. I would not talk to them without consulting someone whose job isn’t to limit how much you get paid in damages.

OH! Okay that's very doable. Thanks for clearing that up!

exactly ... its more of an insurance to ensure that the other party doesn't raise their ugly head..

What is the interest rate of the margin?

What is the interest rate of the loans?

I’d start by selling your car and buying something reasonable. Do the same for your mom. You can get a great used car for $12k. Get a 2014 subaru Outback or something.

Interesting, didn't know about the prorated part - that's good to know, and makes sense

It's quite the same for any accrual based mutual fund, like pretty much all of the bond funds.

ETFs on the other hand, even bond ETFs, accumulate in the share price and drop out on ex-dividend date.

Yep. Plus, one of the things we pay insurance for is for SOMEONE ELSE to vouch for us. Always file with your own insurance, whether at fault or not.

Sounds like your not getting married any time soon. Anyone expecting the other person to be debt free as part of marriage is going to be waiting a very long time. Where does she draw the line? If you had a mortgage on a house, that is debt. Just start making payments as you can and calculate the payoff period. Then come back to her and tell her you can get married in 5~ years.

You have student loans > 1 years income and consumer debt > 2 years income. It's time to find a higher paying job if you can fear be damned.

I met a girl whose dad said he'd be rotting in the ground before he let her date a guy with long hair. Turns out a $14 trip to cost cutters didn't fix much and it was the kid under the hair he wasn't fond of...

Are you certain this has anything at all to do with debt and isn't just a dad posturing? If your future partner is beholden to her father you're not looking at a great outcome regardless of your next steps.

Credit Card Question:

I'm thinking about getting my 3rd Credit Card and am interested in Amazon Rewards Visa Signature Card. My credit score is approaching the Excellent mark, so I might get approved. I'm only interested in the special financing option similar to PayPal where you pay a certain amount per month. But after looking on the website, it isn't too clear if it is available for this card. I think the store cards are more explicit about it. My question for anyone who has this card is if you get access to special financing similar to Amazon Store Card with the Amazon Rewards Visa Card?

Sorry I did the math wrong but it's still the overall right answer.

Before you even use any healthcare, you're saving $1844/year in paycheck premiums. Then your employer is giving you $1800/year in HSA contributions.

So you're up $3644 before you ever see a doctor.

In 2024 99% % chance to hit your OOP max. So on the HDHP you're going to pay $3360 in premiums and $6800 for care. Minus the $1800 you got from your employer. Total spend $8,360.

If you take the PPO, total spend $12,204.

The math may be different for 2023 since you won't hit your OPP max most likely but I sort of doubt it. The premium savings and HSA contribution will cover a good chunk of regular medical you care you may get before you're pregnant.

how is it ok for you to pay extra 575 ( interest is 2.5%, not 0 %) for your debt, 9100 for interest on your mortgage; pay the minimum for your mortgage and get the debt paid off then put extra toward your mortgage

The Consumer Reports car buying guide just came out. I highly recommend you pick up a copy- it looks at both new and used cars for reliability, resale, which model years to avoid, etc. we are also in the process and I have found it so helpful. I’m leaning towards a small SUV - former rentals are a great value if you can find one that fits your needs. Usually under a year old and less than 20,000km with a substantial discount ( my last one I saved 30% off list)

To get the full month, it has to be there the full month.