personalfinance

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

Vehicles under $15k are 1.6% of the market, and their share of the market has dropped over 90% since 2019. The old advice that you can get a beater and drive it in to the ground for $5k hasn't been true for years but it still seems pervasive in personal finance spaces.

FOSS/self hosted preferred, but open to anything!

Intro...

Baby boomers anticipate that 47% of pre-retirement earnings will be replaced by Social Security, according to results of an annual survey from the Nationwide Retirement Institute. But the reality for someone making what the Social Security Administration considers the average wage in recent years, about $60,000, is more like...

The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before. Rates have been above 6.5% since the end of May and climbing higher since mid-July. This week’s average rate is the highest the 30-year, fixed-rate mortgage has been since April 2002 when it was 7.13%.

In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines were on or off....

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....

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....

Do you track your expenses monthly? Annually? Do you have an app or do you use an excel spreadsheet? Any suggested tools?...

I wanted to start using a budgeting program to better organize my spending/ goals, and basically narrowed it down to 3 --YNAB, Actual and Quicken Simplifi....

I’m looking for the top European bank that doesn’t block your funds without reason. For instance, many individuals have reported online that Revolut has blocked their accounts suddenly and sometimes for various months.

Hello,...

How would you go about selecting a Certified Financial Planner?...

cross-posted from: lemmygrad.ml/post/4352701...

cross-posted from: lemmygrad.ml/post/4307103...