personalfinance

cross-posted from: lemmy.crimedad.work/post/12162...

I know this might just reflect financial culture differences across countries, but let’s give it a try...

48 years old, currently have no investments. My net worth is my car and the clothes on my back, and I don’t ever want to be in this situation again....

FOSS/self hosted preferred, but open to anything!

Trying to get to know the community a bit more....

More than 1 in 4 car shoppers in Texas and Wyoming have committed to paying more than $1,000 a month, and experts say it is due to the high volume of large truck purchases in those states, according to a report by auto site Edmunds....

Definitely a trend I see around me (Europe, 30 years old)....

Comingle is an interesting idea that would act as a pseudo emergency fund to provide a stable week to week income for their users. It could act to stabilize your income if you have an irregular income or as an backup plan or insurance for when you lose a job or income source. It works by distributing the average of all their...

My family uses credit cards for all purchases and we pay them off in full each month. Although sometimes we’ll use a 0% APR promotion for bigger purchases....

Intro...

These US healthcare systems are effectively scams. Yes in theory they can save you money, however in theory there is no difference between theory and practice, while in practice there is.

I was never a fan of the subscriptions model (I have never had a Spotify, Netflix, or any other similar services)....

About 36% of U.S. adults say they have less than $1,000 in their savings accounts....

At the end of 2022, I discovered this software that I’ve been using all year. I’d like to hear your thoughts or experiences with GnuCash, or whatever system/program you use to track your personal finances!...

General financials:...

Following the credit card thread, I’ve learned that some people use credit card points and miles to pay for hotels, that seems pretty interesting....

Most people take a simple view of cash: they have a checking account for spending and a savings account for savings, and if they get fancy, they’ll have a CD for longer term savings goals. Power users will change to an online bank with better returns, and that’s about as far as it goes. That certainly works, but we can do a...

Legislation known as the Credit Card Competition Act, first introduced in Congress in 2022, is described by its sponsors as encouraging “competition in electronic credit transactions.” But if lawmakers end up passing the measure, opponents say it could also torpedo the rich rewards and perks that cardholders have enjoyed for...

Hello everyone,...

As the title says I am trying to see where people stand on this. Obviously this is all personal preference. But that is what I am after....

cross-posted from: lemmy.world/post/3560407...

cross-posted from: lemmy.ca/post/3527160...