#PERSONAL FINANCE

[softlyfiercely]

DO NOT VOLUNTEER TO BE A CO-SIGNER OR GUARANTOR FOR SOMEONE ON TUMBLR.

I just saw a 'mutual aid' post going around where instead of asking for donations, the person was asking someone to be a "guarantor" - also known as a "co-signer" - for their rent.

DO NOT DO THIS.

I am all for mutual aid. I think credit scores are a scam designed to fuck poor people. I get it. I do. BUT. Being a guarantor/co-signer for someone basically means that if they don't pay what they owe, for whatever reason, their landlord, bank, creditors, etc. can and will come after you for the full amount.

It seems like such an easy way to help someone. You don't need to pay any money, just lend them your name and good reputation so they can get permission to borrow and spend their own money. It feels like you're getting one over on the shitty capitalist system and using your privilege of good credit/income to help someone else.

But it is a HUGE risk. Do not do this. All it does is give that shitty system more ways to get their hooks into you and create tons of problems for you down the line.

You can really fuck yourself over in the long run by getting tangled up in a financial situation like this. Even co-signing for someone in your life who you trust, like a sibling or a parent, can be really risky. No matter how much you trust someone not to purposefully leave you holding the bag, now you're on the hook if they end up with financial problems neither of you anticipated.

Do not co-sign for another person's loan, car, rent, etc. unless you are able and prepared to pay the full amount or subject yourself to the mercy of whatever that person gets themselves into.

ESPECIALLY do not do this for someone on the internet, where scams are rife. Do not share your personal information with people online and NEVER allow someone else to use your personal information for their finances.

Here is an article with more information.

#signal boost #mutual aid #personal finance #financial literacy #scams

[incognitopolls]

We ask your questions so you don’t have to! Submit your questions to have them posted anonymously as polls.

#polls #incognito polls #anonymous #tumblr polls #tumblr users #questions #miscellaneous polls #submitted nov 28 #finances #personal finance #money

[nyancrimew]

the cool thing they don't tell you about credit card debt is that if you just ignore it you functionally have unlimited money

⚠️ DON'T TRY THIS AT HOME

#debt #personal finance

[bitchesgetriches]

We have lovingly, painstakingly updated our tax filing how-to guide for the 2023 tax year. So if you haven't filed your tax return yet, here's everything you need to know... including the due date, which is a month away.

Get after it, my lovelies!

#personal finance #adulting #finance #saving money #taxes #tax return #how to file your taxes #2024 tax season #2023 taxes

[cleofem]

Women used to sell their engagement / wedding rings to escape abusive marriages. Learn from your foremothers. Never tell a man you have your own money. Financial freedom is the most important of all.

Having your own savings and source of income that can't be stolen from you gives you so many opportunities. Don't fall for their smooth words under the guise of 'fairness' and 'trust'. Protect yourselves and only trust yourself. For your safety and autonomy.

It can be the difference between being homeless and being safe. Spread the word.

#radical feminism #radfem #wgtow #female liberation #women's rights #personal finance #abusive relationship #feminism #it girl #high value woman #high value mindset

[chrisdoeslife]

I had this exact conversation with a friend last week. She had over $3K in a Roth account just SITTING THERE. Not invested in anything. But how would she know?? Nobody ever explained it all to her, they just told her to open a Roth IRA and deposit money every month.

So this is just a reminder to all of you since I often post about financial planning and saving for retirement!!! Make the IRA contributions and then buy assets with that money!

#personal finance #retirement planning #money management

[wildhannimal]

Before you pay that not-covered hospital bill:

I want to take a min to spread awareness for the No Surprises Act after noticing a reddit post earlier.

This protection for patients just popped up in the past couple years, and the one major downside is that it's up to the patients to speak up to make use of it, but not everyone knows what it is.

"If you have private health insurance, these new protections ban the most common types of surprise bills. If you’re uninsured or you decide not to use your health insurance for a service, under these protections, you can often get a good faith estimate of the cost of your care up front, before your visit."

Consumer fact sheet

Typically, health insurance companies will help pay for bills from "in-network" providers, AKA their VIP inner circle gang turf. They won't help pay if you get medical care from another gang's henchmen (out of network).

This means that sometimes, a person would go to the hospital, which they knew had been covered by their insurance before, so they expect it's going to be relatively affordable. But they didn't know that multiple medical "gangs" were working in the same hospital. Their anesthesiologist, for example, was from a different gang. That specialist was out of network even though the surgeon and nurses were all in network.

Boom. Big bill for thousands of dollars and their insurance refuses to help pay it.

But now we have this law! The No Surprises Act means that insurance companies need to cover "surprise" expenses (under certain conditions).

If you don't have health insurance, hospitals and clinics need to give you an accurate quote before you get services, then foot the bill if they were too far off the mark.

The Fact Sheet section of the Centers for Medicare and Medicaid services have some wonderful user-friendly resources for you about health insurance and how this act works.

Keep in mind that Medicare and government-run programs always have weird rules for everything, so you might have different (yet similar) protections through those programs.

If you have a medical bill that wasn't covered by insurance and you think it might count as a surprise bill, please check out your rights and consider fighting it instead of letting it become a stressful expense or debt you can't repay.

Go here to start figuring things out for your situation:

Health insurance companies have way, waaaaay too much power over our lives. We need every drop of protection we can get - but it only counts as much as we can understand and use those protections!

#health insurance #medical bills #life tips #personal finance #medical debt #hannimal thoughts #no surprise act #surprise bill

[femmefatalevibe]

Hi sweetie, how are you? Do you have some podcast’s recommendations? I don’t mind the topic, it could be about finance, mental health, self development, powerful women! Thank you <3

Hi love! Sharing some recommendations below. Hope this helps xxx

Stuff You Should Know

The Psychology of Your 20s

Bad with Money

Ted Talks Daily

The Daily

How I Built This

Stuff Mom Never Told You

The Michelle Obama Podcast

Lady Don't Take No

Our Body Politic

Sounds Like A Cult

Betwixt the Sheets 

You're Wrong About

Ladies, We Need To Talk

Womanica

Hope this helps xx

#podcast #podcast recommendations #female power #personal finance #mental health #mental wellbeing #female sexuality #feminism #women's empowerment #personal growth #emotional maturity #glow up era #femmefatalevibe #q/a

[uboat53]

If you want to know why there's a generational disconnect when you talk about pay, here you go. In 1982, the average starting salary for a college graduate was reported to be $22,449/year. [1]

In 2023, the median salary (not even just starting) for a college graduate aged 25-34 was $59,600. [2]

Now that sounds good, right? More than double? Well, let's take a closer look.

According to the Bureau of Labor Statistics Inflation Calculator [3], $22,449 in 1982 had the same purchasing power as $71,617.79 in 2023. In other words, that "more than double" in nominal terms is actually almost a 17% DECREASE in real value.

If anyone is wondering what those dang Millennials and GenZ kids are complaining about, this is it.

[1], [2], [3]

#finance #economics #personal finance #worker pay #generational differences #this is why boomers don't think there's a problem #their price point is still stuck in the 80s or 90s #and they cannot fathom how much inflation has changed things since then

[getfunderberked]

I got into the most debt when I started listening to a personal finance podcast.

Turns out most of those recommendations are intended for people that actually can already afford food, housing, and other life expenses.

Without financial stability they actually just incur more debt.

Putting money away for retirement when you are struggling to make your monthly credit card payment is not the way.

#personal finance #debt #money #i need money #a podcast told me #scary debt #money nightmares

[incognitopolls]

We ask your questions so you don’t have to! Submit your questions to have them posted anonymously as polls.

#polls #incognito polls #anonymous #tumblr polls #tumblr users #questions #miscellaneous polls #submitted nov 21 #money #finances #financial #credit score #personal finance

[peachiesbambi]

BUDGETING PLANNER

This ULTIMATE Budget Planner has everything you need to get out of debt, budget your money, track your spending, and skyrocket your savings rate. 👇👇👇

Budget Planner Printable PDF https://bamby-5278.myshopify.com/products/untitled-14sept_02-33?utm_medium=product-links&utm_content=android

#motivation #manifesation #high maintenance #old money #budgeting #savings #save money #investment #inner peace #high value woman #feminine energy #money tips #money making #that girl #personal finance #planner #level up journey

[bitchesgetriches]

{ MASTERPOST } Everything You Need to Know about Saving Money and Being Frugal

We’re all in this together. Don’t give up.

On food and groceries:

How to Shop for Groceries like a Boss

Why Name Brand Products Are Beneath You: The Honor and Glory of Buying Generic

If You Don’t Eat Leftovers I Don’t Even Want to Know You

You Are above Bottled Water, You Elegant Land Mermaid

You Should Learn To Cook. Here’s Why.

On entertainment and socializing:

The Frugal Introvert’s Guide to the Weekend

7 Totally Reasonable Ways To Save Money on Cheap Entertainment 

Take Pride in Being a Cheap Date

The Library Is a Magical Place and You Should Fucking Go There

Your Library Lets You Stream Audiobooks and eBooks FOR FREEEEEEE!

What’s the Effect of Social Media on Your Finances?

You Won’t Regret Your Frugal 20s

On health:

How to Pay Hospital Bills When You’re Flat Broke

Run With Me if You Want to Save: How Exercising Will Save You Money

Our Master List of 100% Free Mental Health Self-Care Tactics

Why You Probably Don’t Need That Gym Membership

How to Get DIRT CHEAP Pet Medication, Without a Prescription 

On other big expenses:

Businesses Will Happily Give You HUGE Discounts if You Ask This Magic Question

Understand the Hidden Costs of Travel and Avoid Them Like the Plague

Other People’s Weddings Don’t Have to Make You Broke

You Deserve Cheap, Fake Jewelry… Just Like Coco Chanel

3 Times I Was Damn Grateful for My Emergency Fund (and Side Income) 

When (and How) to Try Refinancing or Consolidating Student Loans

The Real Story of How I Paid Off My Mortgage Early in 4 Years 

Season 2, Episode 2: “I’m Not Ready to Buy a House—But How Do I *Get Ready* to Get Ready?”

The Most Impactful Financial Decision I’ve Ever Made… and Why I Don’t Recommend It

On buying secondhand and trading:

Almost Everything Can Be Purchased Secondhand

I Am a Craigslist Samurai and so Can You: How to Sell Used Stuff Online

The Delicate Art of the Friend Trade

On giving gifts and charitable donations:

How Can I Tame My Family’s Crazy Gift-Giving Expectations?

In Defense of Shameless Regifting

Make Sure Your Donations Have the Biggest Impact by Ruthlessly Judging Charities

The Anti-Consumerist Gift Guide: I Have No Gift to Bring, Pa Rum Pa Pum Pum

How to Spot a Charitable Scam

Ask the Bitches: How Do I Say “No” When a Loved One Asks for Money… Again? 

On resisting temptation:

How to Insulate Yourself From Advertisements

Making Decisions Under Stress: The Siren Song of Chocolate Cake

The Magically Frugal Power of Patience

6 Proven Tactics for Avoiding Emotional Impulse Spending

On minimalism and buying less:

Don’t Spend Money on Shit You Don’t Like, Fool

Everything I Know About Minimalism I Learned from the Zombie Apocalypse

Slay Your Financial Vampires

The Subscription Box Craze and the Mindlessness of Wasteful Spending

On saving money:

How To Start Small by Saving Small

Not Every Savings Account Is Created Equal

The Unexpected Benefits (and Downsides) of Money Challenges

Budgets Don’t Work for Everyone—Try the Spending Tracker System Instead

From HYSAs to CDs, Here’s How to Level Up Your Financial Savings

Season 2, Episode 10: “Which Is Smarter: Getting a Loan? or Saving up to Pay Cash?”

The Magic of Unclaimed Property: How I Made $1,900 in 10 Minutes by Being a Disorganized Mess

We will periodically update this list with newer articles. And by “periodically” I mean “when we remember that it’s something we forgot to do for four months.”

Bitches Get Riches: setting realistic expectations since 2017!

Start saving right heckin’ now!

If you want to start small with your savings, consider signing up for an Acorns account! They round up your every purchase to the nearest dollar and save and invest the change for you. We like them so much we’ve generously allowed them to sponsor us with this affiliate link:

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#frugal #saving money #personal finance #money tips #financial tips #financial literacy #financial freedom #money #debt #money management #how to save money

[pearwaldorf]

So I used a personal finance management app that aggregates all the accounts I have in one place. The company that owns it shut it down at the end of the last year and transitioned it to another site they own. It does absolutely fucking nothing that I need it to do, which includes:

show me balances from all my connected accounts

track spending

sort/recategorize/tag transactions

set budgets

Literally the only functionality it retains is the ability to sell me shit. Which I was fine with (lights gotta stay on somehow) when I got use out of the site, but now it has been enshittified.

The other thing this experience has reminded me of is you should find a service that aggregates all your bank accounts. Empower is the one I'm using because it's got the same functionality as Mint, but there are other options*. Your bank/credit union might also offer a similar service.

It's a lot like using a password manager--it's a giant pain to set up initially, but it will ultimately make your life so much easier. All your account balances in one place** so you don't have to log in to each individual site to check! A unified view of your finances!

It is, of course, not a solution for not having enough money, but clarity on your purchases and subscriptions can help you identify things you don't want/need, as well as overcharges and discrepancies.

I know better money management is a popular new year's resolution, and this is a pretty easy step towards that. You don't have to add all your accounts at once. But I find it satisfying to see the picture become clearer. Also, graphs.

--

* Search "mint pfm alternatives" if you want to know more. Most options I found were paid but maybe you're a person who would shell out for useful features. Monarch looks amazing for people with shared finances.

** It's totally safe. I deal with this shit for a living. I can explain more if you want but it's boring.

#pear text #cranky post #personal finance #personal finance management #pear is helpful

[lemonssi]

17. sept 2022

took a day trip to a lower part of ohio today for yet again another car meet! super cool and met so many lovely people and of course here we are now again studying… the cost of school D:

#mine #studyblr #notes #economics #personal finance

[femmefatalevibe]

who are your favorite youtubers?

Divided by category. Hope that I'm not missing any!

Fashion & Beauty:

Patricia Bright

Lydia Tomlinson

Christina Mychas

Justine Leconte officiel

Frederique Bros

Erica Ball Style

Audrey Coyne

dear peachie

Jackie Aina

Mikaela Carrizo

Bella

HighLowLuxxe

Business & Finance/Career:

The Break (Patricia Bright's Finance Channel!)

Graham Stephen (Very sound financial advice and no course pushing/ or scamming type rhetoric)

Nischa (Licensed professional, sound advice!)

Latasha James (Great for entrepreneurs and those interested in the social media industry)

Erin May Henry

Alex Cattoni

Tina Huang

Health & Wellness:

Pick Up Limes

Rainbow Plant Life

Move with Nicole

Caroline Grivan

Heather Robinson

Doctor Ramani

Lifestyle & Self-Improvement:

Jenny Mustard

Hannah Adkins

Kalyn's Coffee Talks and Flows

Lavendaire

Rowena Tsai

Elicia Goguen

Keltie O'Connor

Mel Robbins

Hope this helps xx

#youtube recommendations #recommendations #femme fatale #fashion and beauty #fashion advice #lifestyle #healthy habits #health lifestyle #self improvement #self development #life skills #personal finance #personal development #higher self #self help #self care #level up #glow up #dark femininity #dark feminine energy #high value woman #dream girl #female excellence #the feminine urge #it girl #queen energy #high value mindset #level up journey #female power #podcast recommendations