Community Buzz

Gambling

Junryl Lampazo
I have been trying so hard to stop it. I think I am at the lowest part of my life now! How can I stop gambling? Is there anyone here going through the same problem? I need people to help me through...Read More...
I've been there. It can be very difficult to stop gambling because it offers the promise of something for nothing, the most addictive drug there is. There are some support groups like Gamblers Anonymous (I don't know of any in the Philippines, but a Google search might turn something up). I found it useful to play video games that have a lot of unlockable content, such as Disney Magic Kingdoms. Medication and therapy helped a lot, too. I will keep you in my thoughts.Read More...
Last Reply By BeckAtsila · First Unread Post

Summer Is Here: Is Your Electric Bill Affected by Running the AC?

Forum: Save Money
Moore Income
Summer is in full swing! For those of us up North, it is definitely the most beautiful time of the year as we forget those frigid memories of negative 30 degree weather with windchill. That being said, living in an apartment, the heat is paid but the AC is electric. It is currently 78 degrees here in Fargo, and rather than running the AC, I have opened the windows. While it still feels a bit warm, it is not bad and I am happy to do it to save some money on electric. Just curious to know: How...Read More...
My AC is on here in Ohio, which affects both gas and electric (gas HVAC with electric ignite and compressor having its own electric breaker). I hang clothes to dry and do other things to cut costs. I don't run the AC unless it is humid. I have budget billing, so I pay the same prices year round.Read More...
My electric goes down in the summer months because I hang my cloths out to dry.running the dryer boosts my electric up as does my oil burner. If it is going to be hot and humid out I close the windows and the shades before it gets too hot out. Then I put on the ceiling fan, my oscillating fan and turn on the A/C on energy saver for and hour or two then I shut it off for most of the day. Then before the Hubby comes home I will turn the A/C back on and cool it off for him after his long day .Read More...
Last Reply By AnnieB · First Unread Post

Looking for investment that pay at least 10%

Forum: Investment
aglenda2000@yahoo.com
Does any know where I can invest $500.00 to $800.00 for a guaranteed 10 percent return, please let me know. Recently I saw a company on line which paid 10% on any amount invested, but were not FDIC insured, but had good feed back from investors. Unfortunately I cannot remember the name of the online company. If any one knows the company please let me know. ThanksRead More...
This is an interesting option: https://fundrise.com/acq-plus/start?utm_source=thepennyhoarder&utm_medium=cpa&utm_content=retire-by-2040Read More...
I would be suspicious of investors promoting 10% returns especially with a $500-800 investment. Higher interest paying accounts usually require minimum investments of $10,000 +. The stock market average over many years is 6-7%, and that's been one of the highest rate of returns for many years, typically.Read More...
Last Reply By Theodora · First Unread Post

This week in... The Penny Hoarder Community!

Briana
Happy Tuesday, Penny Hoarders! We’re going to switch things up a bit -- so that it’s easier for you to get up to speed on the latest community happenings, we’re going to bring you announcements, top threads, and threads that need YOUR help in a more concise post. Here it goes! Announcement: July is halfway over (ALREADY!) and that means we’re that much closer to announcing a new Member of the Month. Not sure what this is? We award the most engaged member each month with a $25 gift card to a...Read More...
Still trying to catch up on posts from the last couple weeks. Hard to believe how fast July has flown by!Read More...
Last Reply By Moore Income · First Unread Post

Hoarders Unite!

Sometimes other issues keep us from reaching our goals. I am a hoarder. Anyone else out there that feels overwhelmed by this?Read More...
@Moore Income I am right there with you. I want to be a minimalist, but in reality, I am not. Being a seller, it is impossible to be a minimalist. People have changed. Amazon Prime has helped people change. They want new things cheap. They want it delivered. Sometimes they forget that they pay for that service. Then there is the keeping up with the neighbors. Selling can be frustrating because people don't show up or they ask a million questions, and they are not really interested or they...Read More...
In my mind, I like to think of myself as a minimalist, but then I look and in reality I can't believe how much stuff I have. I am working on that though. But since I am a re-seller, I find it a struggle because part of how I make money is buying and reselling stuff. If you saw my pile of stuff to resell, you would definitely figure me for a hoarder. I am still trying to work on a good method of buying, listing and getting stuff sold right away. It's a work in progress to say the least...Read More...
Last Reply By MsKimberly · First Unread Post

Student Loans vs. Everything Else

Forum: Debt
Stephanie C
We currently have about $280k in unsubsidized student loan debt (gotta love doctoral programs!), plus a mortgage and some random other debts which will be paid off by the beginning of the year. Every time we look at ideas when it comes to paying off student loans, it seems like we get a different answer, so I'm looking for some more opinions in general. As it stands, we're on an income-based repayment plan. Assuming our incomes don't change at all, over the course of 25 years we would be...Read More...
I think it depends a lot on your priorities, My opinion is that you must start attacking the debts, you can order them from the smallest to the largest, prioritize the minor, free yourself from it and continue with the others. Or list them by order of which is the one that has the highest interest rate, and attack the highest. I understand that that will depend absolutely on you. You should not put your hopes in the debt forgiveness, but on the way you will find creative ways to increase...Read More...
@Mrsmcbride I'm on the PSLF as well. I did 10 years on the wrong loan (so frustrating and the loan companies were NOT helpful!) but glad to see that I'm slowly ticking away towards my end. I have heard of the 25 year loan program.Read More...
Last Reply By ClauR37 · First Unread Post

Retirement or debt?

Mexpensive
My husband is 64 and he works full time . He has never had an option to invest until now. His company offers a Simple IRA with them matching amounts. We have about 15000 of credit card debt. I am not working and I have started investing in Stash and Acorns. I have no retirement saved at all . Should we keep doing what we are doing? We pay more than the minimum of the credit cars but it seems like never ending debt. We own our home outright and are empty nesters. Anyone have any suggestions?Read More...
@Mexpensive , so glad to see a local person here! Feel free to PM me if you want more info or anything. PS, are you just loving this weather? I am, but glad it doesn't last too too long.Read More...
This comes with a caveat to do a lot of research and perhaps speak with a financial advisor but if you own your home outright you may be eligible for a reverse mortgage. I'm suggesting this without having done recent research myself. Reverse mortgages, when they first appeared on the market, had a lot of fine print issues that were not good for the homeonwer. That has changed, but there are a lot of things to consider before jumping into one. The positive, is that you can still live in your...Read More...
Last Reply By KellyFromKeene · First Unread Post

Can you help answer these questions?

Your fellow Penny Hoarders are looking for your tips, thoughts, and experiences! Here are a few threads that are waiting for your response - think you have a tip or experience to share?

Retirement or debt?

Using Fiona to pay off credit card debt

Best bank to use?

Community announcements

This week in... The Penny Hoarder Community!

Briana
Happy Tuesday, Penny Hoarders! We’re going to switch things up a bit -- so that it’s easier for you to get up to speed on the latest community happenings, we’re going to bring you announcements, top threads, and threads that need YOUR help in a more concise post. Here it goes! Announcement: July is halfway over (ALREADY!) and that means we’re that much closer to announcing a new Member of the Month. Not sure what this is? We award the most engaged member each month with a $25 gift card to a...Read More...
Still trying to catch up on posts from the last couple weeks. Hard to believe how fast July has flown by!Read More...
Last Reply By Moore Income · First Unread Post

This week in… The Penny Hoarder Community

Briana
Happy Tuesday, Penny Hoarders! For those of you who might be new here, each week we'll be showcasing the latest community news and updates in an announcement post. This is a great way to keep you all up-to-date on the latest happenings. Announcements Looking for community video testimonials! Want to share what you love about The Penny Hoarder Community? We want to hear it! We’re looking for a few members to create a very short (1-2 minute long) video talking about how they found the...Read More...
Thank you for this. Who would have ever thought there would be a cancellation fee.Read More...
That's always a plus when the list for work gets bigger. Always make sure to check out the "fine print" on any "Work from Home" opportunities. We found some that looked so legitimate we almost signed without reading all the way through. Would have been a big mistake. There was a clause in the one that said a cancellation of contract was covered by a $300 cancellation fee.Read More...
Last Reply By MsKimberly · First Unread Post
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