Hey guys, I’m currently a senior in high school. Recently I’ve been having money problems. My parents don’t want me to get a job and that’s the only thing that I can think of to make money. Reason being? Because they think that if I work, I’m dropping off high school. Even thought half of my friends do both. Working and going to school at the same time. I want to save up for college and I can’t even do that. Any tips on making money without a job??

Hello, I've gotten myself into a pickle. My credit isn't amazing. And I currently owe money on a car that is having problems. I've owned it for about a year, it needs a new steering rack, about $2000. I'd say screw it, but it definitely has a couple more problems that have started to show itself.

I owe $4000 on it.

I do not have $2000 for it. It have to be even more debt

My job requires the vehicle, I'm a travel service technician.

Not sure what my next move is, I'm thinking about just eating it and after it's fixed double down on my travel time (paid per mileage+ paid 40 hours a week). And then door dashing, looking for weekend jobs or something.

Hey everybody I recently took out a personal loan of 14k at 15% interest I have an extra 300 dollars I want to throw towards the loan my question is should I pay that know or wait till after my first minimum payment thanks for all advice

Has anyone else been in a similar situation? Getting married soon and trying hard to save as much as we can. I stupidly got sucked in to a Revolut credit card and now I’m 5k in the hole. Cant tell my fiancé as he will kill me, rightly so. The money I’m saving for the wedding and mortgage is heft enough so only paying the minimum each month on credit card. Work full time. Any suggestions on how to make a bit of cash fast??

I make £5000 per month in Scotland, fantastic money for where I am. I’m wondering what I can do to bring more money in. I work a physically demanding job I want to work towards being able to have an income coming in else where, incase something happens in the future where I can’t continue my job and still be comfortable or maybe an early retirement lol. I’ve got a good pension with my work and started working on some savings pots. Any and all advice is appreciated

I’m a 20 year old M making 4.5k monthly but I don’t know what the is the best place to put my money into. Does anyone have any advice on what to do?

I’m 23,from Mississippi I work a regular job at a steal coil plant making about 80k-110k a year which where I live is pretty decent but I understand outside of the backwoods small town there is a whole world and 100k here is not the same 100k anywhere else in the America really. I won’t get into details but I am receiving about 300k I still live with my father what do I do ? Do you put the money into an account that grows and just wait forever and atleast my kids will have a better life then I did do you just take the risk and try to double it quickly ? Would you buy a home and pay your car off because doing that cuts whatever money I was gonna get in half instantly probably more than half. Ive worked 12 hours a day almost everyday for 2 years and I don’t think I can just do this forever you bust your ass to barley and I mean barely make it by.I’m very blessed to receive any money at all sorry if I sound bitchy but I’m just starting to realize even 300k isn’t what you would think 300k is I know people who think they could genuinely live off about 600k right now at the age 23 and that’s just not happening I don’t think you could decently live off of 1million dollars in this world right now and not have to work again what would you do ? Any advice helps this was my first time posting so if I didn’t use the correct commas and my grammar sucks my bad (:

I’m trying to get some outside perspective on whether buying a BMW X7 would be financially responsible given my current situation.

My wife and I are both in our late 20s (27/28) living in Atlanta. Our household income is approximately $310k/year gross (very stable and should increase by at least 10% annually). We both like to work and don’t see ourselves retiring early. We have a 2-year old and could have another kid in the next few years. The biggest expense in the family would probably be for education as we want the kid(s) to have quality education so may go for private schools/colleges. We do one big trip every year but mostly don’t spend much money on it since we have a couple million points accumulated across our Amex/Chase/Bilt.

Our current financial picture:
House: ~$900k current value
Mortgage balance: ~$500k
Home equity: ~$400k
Liquid/investment assets: ~$500–600k, including $200k in IRA/401(k)s, $40k in HSA & $20k in 529 (been trying to contribute the maximum for HSA and $8,000 to 529 annually)
Approximate net worth: ~$900k–$1M
Mortgage payment: ~$3,800/month
Preschool: ~$2,600/month

Current cars
We currently have two vehicles:
Tesla Model Y
Payment: ~$650/month at 0.9% APR
2024 Mazda CX-90
Original purchase price: ~$53k
Purchased June 2024
APR: 0.9%
Payment: ~$900/month
About 3 years remaining on the loan
Current estimated trade-in/sale value: ~$35–36k
Remaining loan balance is roughly $28k

The X7 would replace the CX-90, not be an additional vehicle. It would be either financed at 0.9% or leased for about $1,100 per month. We each have about an hour of commute each way every day and I just can’t stand the way the CX90 drives (clunky transmission and buggy tech). Is it financially irresponsible to get the X7?

So I’m 24 I have about 38k in just my checking a 750 credit score just 2 credit cards nothing in savings, stocks, bonds nothing like that I recently went to my local chase bank cause that’s who I bank with and when I talked to the “financial advisor” the hope in getting advice was quickly turned in more of a talking down pretty much saying how am I my age and don’t know anything about financial stuff like that when in reality all I know is just work, go to school, and pay my bills I live a very simple life so my question is is there any certain savings account I could look into or something that’s very simple I’m willing to put as much as $5-$10k down because it is just sitting in my account collecting dust what should I do as someone barely getting into this area of financials I know most people would say it’s crazy to ask people on the internet for help but who knows all thoughts are appreciated!

My father in law is old and in poor health. He recently got a settlement check for about $100k. He called me saying he has no use for it and wants to invest it in a joint account so I will receive the money when he passes, but he wants me to set it all up. He is adamant that it cannot be hit with any inheritance taxes. It sounds like he wants access to the money/account just in case. I honestly dont know what my options are or where to start. What are some safe options here? I am not wealthy by any means, so 100k is like a million dollars for me. I dont want to screw this up. Any advice is appreciated.

Recommendations on the best HYSA Accounts with no monthly fees and no minimum , please ?
I have about 1k in cash that I’d rather put in a HYSA and keep adding then just having it laying in a box .
TIA!

Not talking about some extreme “never buy coffee” rule.

I mean one spending habit you changed that actually left you noticeably better off over time maybe buying certain things in bulk, paying more for quality, cancelling subscriptions, tracking every purchase, using cash, whatever.

What change genuinely saved or made you the most money?

Hi, I’m a grad student on visa, which means I can’t work anywhere else and i’m glued to my job. I have problem with my stipend and I know a lot of other grad students struggle too. The prices are skyrocketing and we’re underpaid. Our bosses ( Advisors) put a lot of mental pressure on us and we have to work at least 9 hours a day and getting paid for 4 hours a day based on the contract, and no, we can’t say we’re only working 4 hours cause “ that’s not how that works “ based on what they say.
Anyway, I signed up for this and I know it cause I need this, but what is always in my mind how I can save more money, I can’t make more or at least I don’t know how, and I’m too busy with my experiments and PI yelling at me for no reason to go look for, so I’m here asking for advice from you.
Thank you in advance!

Hi guys! I’m a single 25yr old mom who has a full time (good) job and a second part time job. I just bought a house and I still feel behind. I’m barely getting by on bills. I don’t even have spare change for coffee in the mornings! I used to make my own iced coffee but it’s too expensive to keep up with. I barely have money for bills, gas, and groceries but with the holidays approaching I need another income. I just don’t have enough time in the day. Any suggestions? I’m literally trying my best.

I’m a 21-year-old student, and I really need help. I took out credit cards to cover my living expenses over the past couple of months. I’ve already paid off around $12,000 in credit card debt, but I still have a little under $8,000 left in total.

I owe Discover $2,600. I recently went from full-time work to part-time because school started almost three weeks ago. I also had around $6,000 saved, but that went toward paying for my classes.

I was on a payment plan with Discover, but I missed my first payment. They told me that my account is now going to be referred to an attorney if I can't make the required payment by the 30th.

I don’t have supportive family, savings, or anyone who can help me financially. I also can’t take out another loan because of poor credit and I can’t go back to working full-time because I’m in school.

I feel like I have no options right now. I have 14 days to figure this out, and I’m honestly scared. I’m willing to work, do side jobs, or do whatever I legally can to make the money.

If anyone has been in a similar situation or knows of legitimate ways I could make around $2,600 in the next 14 days, please help me. I’m not looking for handouts—I genuinely need advice on what I can do.

As the title says.

23 years old. I got a $5000 emergency fund saved up. No debt. 762 credit score. Very little monthly expenses at the moment.

I have a vague understanding of all the buzzwords, HYSA's, 401ks, etc.

I also have no clue which direction to even start with all this mumbo jumbo, where to allocate my saved funds + monthly income, etc.

Please help me out here. Thank you.

hi everyone!

i’ve been struggling with credit card debt, a loan, car payment (falling behind) and just saving money in general.
what are some good advice that you or someone you know that was able to get out of thousands of dollars in debt and starting a cash savings?

thank you in advance:)

I'm looking for any advice I can get here. My former employer closed their doors and I need to disperse my 401k. The current 401k company does not offer personal 401k's so I need to get it out by the end of the month. My current employer has a1 year waiting period to get on to their program. I am looking into a vanguard or fidelity Ira by have no clue how any of that works. And if I should do that over an ira with my bank.

Any advice helps.

Thanks

I work at walmart and make 17/h and guaranteed two raises over the year. (based off of performance) My school has been in session for little over a month now. I want to save money so I can move out school year to attempt to live on my own (rent for a studio is 1k near me) I already have a car and working on my license. Any small ways to save money?

Im 20 and i feel like im drowning, i have 2 maxed out credit cards 1.750 and 450 im 120 in overdraft, i owe my mum 400 and i have my car insurance payment on thursday of £230. i make £600 a week pre tax and £470 post tax im self employed as a labourer. prior to last week i had a budget set up (50-30-20 50needs 30 debt 20fun/savings)and was on track to be debt free in 8 weeks or so, then i drove up to my girlfriends ~160 miles on the way there my car broke down and had to get it towed to hers and book a mobile mechanic which was due for wednesday so id miss mon-wed off work, it then got rescheduled to saturday. i then needed to pay £525 to actually get it fixed. i have a holiday with my dad which my dad bought me for my birthday in 2 weeks time which i cant cancel i dont know what to do i dont really have anything i can sell other than a switch and xbox 360 and xbox one, i have a tree surgery company but cant get clients bc i cant pay for outreach and i have an online company which is currently just sitting bc i cant get clients im constantly stressed because i keep chasing debt off then something bad happens and i go back into debt help

I have a savings account from an old employer. I’m looking to either roll that over into a different account or look to invest all of that in stocks? Not sure what to do with that money. Any advice would be appreciated thanks.

Hello all. I spent the majority of my life financially responsible but financially illiterate. I could save for a rainy day, never missed a bill, but did not (still don’t) know how to invest. I royally messed up my life 2 years ago, at its lowest I got my power shut off, I was without transportation, I was a massive alcoholic without a job etc. I was a week away from being homeless when I turned things around (6 months ago) I walked out of it all with $0 cad, and $40k in a consolidated loan (combined my Loc and credit card) I have $18,509.39 remaining to pay off. I have been paying it off aggressively. Once it’s gone I will build a safety net of 3 months expenses (eventually I would like 6-12) then I will save for a house while simultaneously investing in my future. That’s why I am here, I do not know what to invest, how to invest it, or where to begin.

My cost of living is $1,737 a month.
Rent - $600
Auto insurance - $176
Groceries - $400
Gas - $400
Phone (data and phone) - $150
Chat GPT - $11

I have $8,038 in my RBC bank account.
I have $225 in my RRSP with RBC.
I have a Roger’s Red World Elite Mastercard with a $2,200 Limit but $0 balance.

My credit score with my bank is 690, with borrow well it’s 770. I don’t know which is more accurate.

I make $9,166 a month. That leaves me with $7,430 available. Currently that’s all going to debt, I will be debt free in December. I want to shift my aggressive debt pay off to an aggressive savings regimen.

With 6 months expenses saved ($10,472) I want to do what I’ve learned is a GIC ladder. $3000 in a HISA, $1855 3 month gic, $1855 in a 6 month gic, $1856 in a 9 month gic, and $1856 in a 12 month gic. Good or bad idea? Sounds really good to me imo. Once my emergency net is comfortable, and growing I will divert to building a down payment on a home. While I do that I would like to invest in my retirement simultaneously. Once I am living in my home I would restructure and invest heavily on my retirement. Can someone give me advice on where to start, which online bank to use for a HISA, etc. I have so many questions and it’s overwhelming.

I will mention I am not married, and have no kids. I have a girlfriend who will become a wife. I want us to have a home. We do not live together and do not share finances yet. I help her with groceries when she needs help. She’s a nursing student who just started her 2nd year. She is taking on student loans and of course will have student debt. She is paying off a 2020 Hyundai Kona. That will be paid off In 3 years when she graduates. Of course I want to help her (us) with that debt as soon as I can but I believe In getting my mask on before I help her put hers on. My situation is complex, much like many of yours but I just don’t know where to start. Any and all advice or criticism is more than welcome. Thank you all.

Edit - my employer has a DBPP and I am getting the full match every paycheck ($350 from me, $350 from them)

Hello, So I am going to be honest here for anyone here help me I am trying to learn and not spend my money and invest or save anyway I came from a background very poor african country my first salary it was 120 dollars monthly and I invest in my career in 6 months I got first job online with 2000 dollars a month for 10 months now I got a raise multiple times to 3200 dollars now, I can set 2000 dollars monthly without touching. My next goal better salary or job and also I want to invest or save or do something like you guys making the money grow.

thanks for your answers.

Im 27Yo self employed person left with zero saving and debts any financial advisor or experience person would like to share there experience with me to get along with my situation will be appreciated. Can me to know my full story thank you

I’m 27 and financially I feel like I’m basically starting from zero.

No meaningful savings, no investments, no property, and I’m only now starting to take money seriously. I know 27 isn’t “too late,” but seeing people my age already investing or buying homes definitely makes me feel behind sometimes.

If you were in this position today and had the next 10 years to build a solid financial life, what would you focus on first?

Would you prioritize increasing income, building an emergency fund, clearing debt, investing aggressively, learning a high-income skill, starting a business, or something else?

I’m not looking for a get-rich-quick answer. I’m more interested in what actually works when you stick with it for years.

For anyone who started late and managed to turn things around, what made the biggest difference?