Werewolfdad
Werewolfdad t1_j6n4jjm wrote
Reply to comment by Jaggar345 in This person is saying that you can claim your down payment back on a car loan. Sounds too good to be true by [deleted]
She never says “how” you accomplish this (from what I could gather) either. She just days “do you research” which is code for “this is BS”
Werewolfdad t1_j6mss6i wrote
Reply to How can I as a 17 year old flip $290 into as much profit as possible within a week? by [deleted]
There’s nothing you can do within a week
Werewolfdad t1_j6llgyw wrote
Werewolfdad t1_j6lk1x7 wrote
Reply to FreeTaxUSA Says I Owe $3K in federal taxes. I NEVER owe & always get a refund. Please HELP! by nbny90
Looks like you both selected married filling jointly on your w4 and failed to complete step 2
Numbers check out as such.
Werewolfdad t1_j6lh786 wrote
Reply to comment by NannerPanda in I want to start investing but I know very little (and honestly, I have very little). by NannerPanda
> Should I even be looking into an IRA if I don't have a retirement fund?
An IRA is a retirement fund
Werewolfdad t1_j6lgfby wrote
Reply to comment by NannerPanda in I want to start investing but I know very little (and honestly, I have very little). by NannerPanda
> I can barely grasp the idea of what an index fund is
A bunch of stocks. Often, all the stocks.
(effectively anyway. If you buy VTSAX or FZROX or VTI, you own a basket of all the US stocks)
> I don't know if what I am considering doing is feasible
Saving some is better than saving none.
>And even if I manage to open IRA, I don't really know what to do.
buy index funds and wait 40 years
>. Do I constantly have to buy index funds?
Only when you contribute new money
>Can I just throw money into it regularly and forget about it?
Yes
https://www.reddit.com/r/personalfinance/wiki/index#wiki_investing
https://www.reddit.com/r/personalfinance/wiki/index#wiki_retirement_accounts
Should explain it
Werewolfdad t1_j6lfpz7 wrote
Reply to comment by NannerPanda in I want to start investing but I know very little (and honestly, I have very little). by NannerPanda
> but even then I'm still at a loss of what to do.
Why?
Werewolfdad t1_j6l9j8x wrote
How did they initially obtain your email?
Werewolfdad t1_j6l4bud wrote
Reply to comment by pigwona in How to dispute renters insurance? by pigwona
If that is the case, it may be worth a complaint to the CA department of insurance to see about a refund for this year and a pro-rated refund for last year
Werewolfdad t1_j6l40p3 wrote
Reply to comment by pigwona in How to dispute renters insurance? by pigwona
> She admitted to not actually canceling
Ahh, so we have the truth.
She can call and cancel and get a pro-rated refund.
She should have called and cancelled in March 2022 and gotten a pro-rated refund
Werewolfdad t1_j6l2c9m wrote
Reply to comment by pigwona in How to dispute renters insurance? by pigwona
I think you need to figure out the timing better
Werewolfdad t1_j6l1h7u wrote
Reply to comment by pigwona in How to dispute renters insurance? by pigwona
And she was charged each of the last four months?
Werewolfdad t1_j6l0gso wrote
Werewolfdad t1_j6l09qd wrote
Reply to comment by pigwona in How to dispute renters insurance? by pigwona
“Did you call the insurance carrier and ask to cancel your renters insurance?”
Werewolfdad t1_j6kz4i4 wrote
Reply to How to dispute renters insurance? by pigwona
Renters insurance is a personal expense.
She should have called and cancelled it herself.
If she didn't do so, it'd be her fault
Werewolfdad t1_j6kskgl wrote
Reply to Should my Fiancee and I both be on our mortgage if our payment can be lower if she's the only one on it? by WheresTheSauce
> My primary concern about going about it this way is that this would make my fiancee’s debt to income ratio comparatively enormous even though for our combined income we’re buying well below our means.
Her DTI is the same if you’re on the loan when lenders look at her individually, so it doesn’t matter.
> we could refinance in a few years when my credit is improved and the bankruptcy has been removed from my credit report and that would solve it, but my concern is for how this will impact her credit score and what implications it may have to get another loan like a car loan, renovation loan, etc. The lender I spoke to was pretty assertive that this would be a better move for us overall, but I wanted to field some other opinions.
No different than if you are on the loan
The full loan payment, regardless of the number of co-signers, will be used to calculate her DTI for future credit
Werewolfdad t1_j6kifgh wrote
It passes through and it’s all added together
Werewolfdad t1_j6ke8sl wrote
Reply to 6 month T Bill yield by Comfortable_Fly6423
Yes yields are always expressed in annual terms
Werewolfdad t1_j6k9do0 wrote
> Anyone other than me think this is ok?
If youre properly saving it doesn’t matter.
The problem is the people carrying 30% credit card debt for a full year getting a refund.
Werewolfdad t1_j6jtk00 wrote
Reply to Has anyone gotten caught paying someone who works in their home under the table? by dotphrasealpha
If you're paying a nanny or something similar, all it takes is them filing an SS-8 with the IRS if you somehow slight or wrong them. Then comes the pain train
Werewolfdad t1_j6jr58e wrote
Reply to (US) My car loan interest rate is 5.5%, but 15% of my monthly payments go towards interest. Why? by SupplyChainOne
5.5% is how much the loan costs you annually. (Really, its more like Balance * 1/365 * 5.5% per day)
The 'split' between principal and interest is called amortization
https://en.wikipedia.org/wiki/Amortization
https://en.wikipedia.org/wiki/Amortizing_loan
Its why your payment doesn't change for the life of the loan
Werewolfdad t1_j6navzd wrote
Reply to How do I determine the financial burden incurred over a 12 month period? by [deleted]
I think folks will have a hard time helping you assess the impact of an event without knowing what that event is, unfortunately. So you may want to add more clarity so any and all impacts could be assessed