To have fu money. Not a single worry in the world. My last three years brought me to a peaceful state of mind with nw gains and GC.
I have been supporting my parents in India by transferring money adhoc. Currently end up transferring around 3-5 lakh a year. I am looking for recommendations for senior citizen monthly income plan in india where I can make a deposit(~45L) so that they get a steady monthly payout. Also, if possibl...Read more
i know the general rule of thumb is 30% of take-home monthly income. Moved to New York recently but throwing that much money personally feels like an opportunity cost. Mine is around 10~13%. TC: 240k
I’m setting my sights on buying a home in Southern California within the next 3-5 years. I’m flexible about the location; it doesn’t have to be right in Downtown LA, but ideally, I’d like to stay within a 100-mile radius of the area. I’m here seeking wisdom from those who’ve navigated these waters....Read more
I’m a US citizen, verified all their things, and uploaded photos of my driver’s license
5K mortgage (3.5K interest, 1.5K principal) 4K - 2 kids daycare 3K - Miscellaneous (1K utilities, 1K groceries, 1K restaurants home delivery) TC: 300K
Tbh until kid is done college and started earning would you truly FIRE? Even if you have a paid off home and a car etc. Would you still be able to leave the crores of rupees and hundreds of k of dollars ? I found a blind post where someone in 40 had kids already aged 15. Couple more years and they ...Read more
Just calculated my NW and it's abysmal. Here's some background, M32 HW eng Ms + 6yoe moved from MCoL - low TC job to HCoL - medium TC job Single soon to be married, (spouse won't earn for next couple of years) Cash : 162k Stocks: 123k Retirement: 82k Car : -40k Nw : 327k I see folks my age ...Read more
Wondering which is a better move - also has anyone used fidelity to pay for taxes? What account type should I get opened Tc 240k
You and your wife/partner vs your parents.
So I have a 2020 Jeep Gladiator, bought for 40 something and it’s worth 30 something now. I live in CO so figured an AWD would be good for this weather and it’s outdoorsy, although I don’t use it much for “outdoor stuff.” Busy with life. I also bought the long term warranty plans at dealer cost on t...Read more
I am 12k in credit card debt and make 170k a year salary. I’ve been working for 5 years and have no savings whatsoever aside from 30k in my 401k. At one time I felt like I was running in place but now I am digging a hole. I am usually great with finances but after getting married we’ve spent spent s...Read more
https://us.teamblind.com/s/1DujYsKR
Hello all, I live in seattle with my wife (STAH) and 4 yo and single earner. Last mid year we found our dream home due to little slowness is market at $1.3m with 20% down and 6.1 interest rate. We have had set extra 20k to setup the home / furniture. This is my first and primary home in states. Af...Read more
Lifestyle is vague, so let me share what is included and what is excluded- Exclude: Rent and utilities Car, car payments, insurance, gas Medical expenses Grocery Include: Shopping for home, clothing, grooming, accessories Shopping for kids, you, family, gifts Electronics and gadgets Travel Restau...Read more
I'm confused by Roth IRA early Withdrawl. All of reddit, blind, etc. is convinced you can pull your contribution at any age penalty free, but if you go to IRS documentation they are very clear that you can't such as here https://www.irs.gov/retirement-plans/roth-iras "You cannot deduct contribution...Read more
I have a house that I bought for my parents a few years ago in a different state. They are thinking of leaving the country so they no longer need this house. I’m a little hesitant on selling it because its mortgage payment is very low as I got it whenever interest rates were at their lowest. But if ...Read more
I was going to sell my RSU when it vested on 4/15, but then dragged on till now as the stock price went down (172 to 169). Starting from tmr I am getting the Wealthfront 6% API promotion for 3 months, wonder if I should sell those recently vested stock at slight loss and put the cash in Wealthfront...Read more
Just trying to get a better hold of my finances, just turned 30, married with 2 kids, just started a new job and looking to reconfigure my saving & (essentially nonexistent) investment strategy. Besides index funds and contributing to 401k/IRA, I'm pretty clueless about how to better manage my mone...Read more
Has anyone hired a full or part time personal chef as an Indian? I’ve been looking and most I find wouldn’t be able to make the food we like with spices and herbs. Doesn’t have to be Indian food everyday but can’t be bland either. And the ones of Indian background are generally older parents of folk...Read more