Latest Buzz

Breach

Forum: Credit
Ida Willett Reynolds
I signed up for the credit breach and learned that I had 7 more breaches and one was government site so what should I do ? Also I thought they are supposed to contact you if there is a breach?Read More...
Some good information in the second half of the article. Good luck with it all! https://finance.yahoo.com/news...-hack-185336088.htmlRead More...
Last Reply By KellyFromKeene · First Unread Post

Investing in real estate

Forum: Investment
Clkw84
Does anyone have any tips on buying real estate to rent out with little down money? We don’t have much retirement savings so we are looking for some passive incomeRead More...
There are so many ways to invest in real estate these days. It is one of my favorite investment options. REITs are great and easy to invest in. They are traded on the stock market and can be bought and sold easily. Many of them also pay monthly dividends like ORC or O. You might think of trying AirBnb. Any extra space you can rent out to people and earn extra cash. I live in Dallas near the Cowboys stadium and whenever there are games I just rent out a room and make off like a bandit. You...Read More...
@DipperDave Great tips, thanks for sharing! I am personally going the route of REIT's for now until I can have a better financial position to be able to invest in my own properties. I have been using Rich Uncles REIT for a while now but have constantly heard a lot about Fundrise and I intent do try them out in the future.Read More...
Last Reply By Dexter Money · First Unread Post

Marijuana Investing

Forum: Investment
Karen McEuen-Novak
I live in California where marijuana is legal. I’m wondering if anyone has any experience investing in this growing industry. If so, what is a good company to invest in?Read More...
It looks like marijuana is here to stay and more and more states appear to be legalizing it. I don't really see a problem investing in a company that services the cannabis industry. If you do choose to invest in these companies I would recommend diversifying, because it is a young industry with a lot of volatility, but that also means there is a lot of opportunity for profit. TRLY - Tilray CGC - Canopy Growth Corp CRON - Cronos Group These are some big players in the industry to watch out for.Read More...
I recommend using ETFDB for this type of research and then sort by AUM and avg volume. You'll want a very liquid ETF (high volume). I believe $MJ is the 'highest' in terms of AUM and avg volume. Be aware of expense ratios on sector specific ETFs. https://etfdb.com/themes/marijuana-etfs/ Once you've found a few, check out Morningstar for more research data and info. https://www.morningstar.com/Read More...
Last Reply By Dexter Money · First Unread Post

Make Money Investing Online

Forum: Make Money
AHMED.HAMDY
There are many great sites to help you start to make money investing online. Today, more than ever, many investors are turning to the internet to help them invest and achieve financial freedom. Unfortunately, online investing also comes with some potential pitfalls. Here are some tips to help you avoid the traps that many investors have fallen into when trying to make money by investing online. First of all, the number one thing you must realize is that, when investing online, it can be very...Read More...
There are so many great sites and apps these days to help you invest and earn a profit. Most investors are not professionals and do not want to spend the time and effort researching what is the asset to invest their money into. Robo advisors can be really good for passive investing. Acorns, Chime, Qoins, Qapital. These platforms invest your money for you in a defined portfolio. If people are retirement investing I encourage ETFs. These do charge fees, but can be traded like stocks and are...Read More...
The internet has definitely aided in making investing much simpler for the average person in our day and age! I like using robo-advisers because this takes the "active trading" temptation out of it because it allows the computer to make the best investment decisions. While this may not be the most profitable way to invest, it is definitely easy and it generally returns better than most bank accounts!Read More...
Last Reply By Dexter Money · First Unread Post

Need advice on working from home

Forum: Make Money
Southern Mimi
Hi everyone, I'm 47 and married to a wonderful man. I have several serious illnesses but my mind if fine. I have tried to work from home before, but it was either a bust. I can write just about anything, and I was an English teacher for 9 years. Does anyone have any legitimate places where I could write, edit, etc. for a fair amount? Thank you for your help.Read More...
You might check out https://www.writershub.org I am more focused on writing about financial topics, but they offer all kinds of jobs.Read More...
Thank you- in addition to myself, I have a close friend very interested in this!Read More...
Last Reply By Dexter Money · First Unread Post

Traveling

Forum: Save Money
Where can I get cheap ticket to Africa - (Freetown, Sierra Leone.)?Read More...
Try: Cheaptickets, Skyscanner, Cheapflights and Jetsetter websites....Read More...
Dear Samba normally cheap flights are isn't comfortable, but it would be done when you look online deals and discount codes for travel.Read More...
Last Reply By Shannon H · First Unread Post

Aspiration

Forum: Banking
Soraima Déniz Pérez
Hello! Id like to know if I open An account in Aspiration bank can I still using my other bank acc (Bank of America) because I need to make transfers with zello. Thanks Aspiration AspirationRead More...
Aspiration no longer has interest on saving account unless you make large monthly deposits or have $15,000 sitting there..... I have been unable to initiate transfers from Aspiration as their platform doesn't support ALL banks. I have to transfer in & out from my Huntington Bank account and it takes about a week....not sure that I will be keeping the Aspiration account that I just opened in March 2019...Read More...
Absolutely, you can still use your BOA. I just recently opened an Aspiration account it's been 6 months I think. So far I like the Aspiration. I have gotten a few cash back already and then I set up the transfer between my BOA and Aspiration account. You can also use Zelle if you want to.Read More...
Last Reply By Shannon H · First Unread Post

Have you tried the Zero Based budgeting method?

Forum: Budgeting
Briana
Has anyone used this budgeting method before? How have you (if you've done it) or how would you alter it to work for you?Read More...
I currently make just at or sometimes just under my monthly costs (a side hustle is a topic for another discussion). Does zero-based budgeting work even if you sometimes have more jobs than dollars to give them to?!Read More...
I record the $100 as CARRY OVER FUND. It moves from month to month unless there is a subtraction error. This way, it is recorded as out of my checking account, even though it is still there.Read More...
Last Reply By R Hopkins · First Unread Post

Student loans!!

Forum: Debt
80,000.00 in student loans, masters degree but will be dead before they are played off . HELP!!!Read More...
I totally understand. I am enrolled and every year my payments increase, but my balance just remains the same..I keep wondering is anything going towards my balance??Read More...
I am in it as well. This is the ONLY way that I will get out from under all this. I work in Human Services, and while I LOVE my career (I've been doing it for 25 years), it's not a high paying field. Even with a Master's.Read More...
Last Reply By Leon · First Unread Post

This week in... The Penny Hoarder Community!

Briana
Happy August - and Tuesday - Penny Hoarders! I hope all of you are having a fantastic week so far! Announcement 1: As most of you know, each month we crown a Member of the Month - someone who is super helpful and active in the community. Each winner receives a $25 gift card and their face displayed in the community for everyone to see! This month’s winner… @AverageJoe is a super active, compassionate member who is always there to lend a comforting word or wisdom or piece of...Read More...
@AverageJoe , Let's not call it 'old' I remember that song!Read More...
KELLYFROMKEENE...as the song of old says, "I second that emotion!"Read More...
Last Reply By KellyFromKeene · First Unread Post
I'm curious, If you lived in a warm climate area and had $10k to start up a business, what would your business be?Read More...
I want to rent to own a mobile home and/or a R.V. but my credit score is at zero. It's been wiped clean. I have no credit! I'm starting all over at the age of 60. My divorce left me totally financial destroyed. I have 3 great children. They are now young adults. I was determined to raise my children in the lifestyle we all deserved. Unfortunately my very wealthy ex-husband went for my throat. He wanted revenge and my financial ruin. He also wanted to convince the court that I was to blame.Read More...
@Mary G That is a very creative way to help folks out!Read More...
Last Reply By MsChris · First Unread Post

Family and Finances- How much did you learn growing up?

MountainFan
I've always been curious about this, especially from communities of people who are interested in financial health. How much did you learn about money/finances from your family or how you were raised? In my life, I learned very little from my family in the financial sense. We were middle class to lower middle class. It wasn't poverty, but we had our struggles. I watched my parents with their money and only learned about flaky or frivolous spending habits. My dad would buy cars all the time,...Read More...
Mountain Fan, I was raised in a large family...I had two brothers still living, a third died six hours after birth and was the twin to the sister we lost to breast cancer in June. I also had three sisters. I was the oldest since, though I do have a brother and sister I've never met from my adoptive father (my mother's second husbands children from his first marriage) and then two brothers and a sister from my biological father's fourth marriage. I lived with my mother and adoptive father,...Read More...
@Gabby It's great that your parents are still willing to learn. It's always a good time to start down the path to a better financial future!Read More...
Last Reply By AverageJoe · First Unread Post
Married, do not work, want to be able to help my mom when that time comes, I want my own money ,I need security ....Read More...
No savings for both of you or just you? Either way, first thing is to do a budget and see if theres any money to save. Then I assume youre looking for work since you said you want to be able to help provide for your mom? If you are able to live off your spouse's income, then all or most of your income can go to savings so you can build your nest egg quickly, which if youre 50 with no savings needs to happen today.Read More...
What type of income opportunities are you open to? Are you looking for work from home, side gigs or to start your own business?Read More...
Last Reply By LeighofMar · First Unread Post

Art

Marcus Stanley
I'm a struggling artist. I feel this is my calling from the beginning of time and many lives before. I struggle in this time do to many factors. Mainly ADHD. I've been trying thru the VA to get a legit diagnosis but to no avail. Aperently I'm good enough to serve but not good enough to be served a diagnosis. Can anyone help?Read More...
I don't know of any resources outside of the VA, in your area. I know that in NH, Easter Seals has a pretty robust (in my experience) program supporting veterans with some needs. Could you call your local 211 and ask for agencies that offer supports to vets? Then call those agencies and ask your specific questions.Read More...
Last Reply By KellyFromKeene · First Unread Post

REBUILDING CREDIT AFTER BANKRUPTCY

Forum: Credit
Sue sweet
Kindly share your experiences with successful rebuilding. Any tips or suggestions appreciated. Bankruptcy from mortgages that had variable rates and banks that would not negotiate. Thanks for any tips.Read More...
This thread is asking people for experiences after bankruptcy. While lawyers are helpful, they're not free and advice from them comes at a cost that not all can afford--especially after bankruptcy. I appreciate hearing from actual people who've experienced bankruptcy to get a realistic view of what happens next and what worked for them.Read More...
First I took legal advice at Cohen & Mizrahi, here's their site https://cmcreditlawyers.com/ . And then we started working on the solution. It's better to ask lawyers for help, not people on forums.Read More...
Last Reply By LadyLxD · First Unread Post

Tips on using liquidation.com

Forum: Make Money
Leslie Kay
Can the group give me some tips on buying from liquidation.com? I have enough profits together to buy a nice sized returns bundle or similar but I don't want to buy some things that turns out to be worthless or useless, Thank you. What about Amazon returns? how would I go about that?Read More...
Liquidation.com is my main place to source. I buy Amazon clothing returns.Read More...
I have not personally purchased any pallets or returned goods but the other day I had a lady stop by my yard sale who said she purchased a pallet of clothes to try and sell at her boutique. She said it was not worth it as she got tons of clothes with rips or stains and the time it took to sort through it all made it not worth the money.Read More...
Last Reply By Crystal · First Unread Post

How I'm Making Money on Poshmark

Forum: Make Money
I previously commented in the side hustle post about selling on Poshmark. I'm currently am selling maternity clothes that I recently stopped wearing and I bought a box of returned Amazon clothes from Liquidation.com for $300 with shipping. In just a few weeks I've made $180. I had no sales the week of Christmas, but they seem to be picking back up. So far, I've made $110 off my maternity clothes and $70 off of 3 items from the Amazon returns. I've been slow to post pictures on Poshmark due...Read More...
I use Mercari, but I don't make nearly as many sales there. Update: Since I first posted, I have kept active on Poshmark. I have also joined their affiliate program, which anyone that has social media and has attained ambassador status can do. It's usually $10 (or more if you have a huge following) in cash or credit for a post on Instagram, Facebook, or Twitter and $20 for YouTube. I'm usually able to make a post every few days. I made an Instagram page just for Poshmark so my actual friends...Read More...
I've heard others make the same comments on both bonanza and on Mercari. My friends used to sell on Mercari but were banned, and they adhered to all regulations. I think it was because they seemed to be selling more than the others on the platform. On Bonanza, they never seemed to get any "traction" selling either. They ended up using another obscure site and sold them. I'll see if I can find out what site it was.Read More...
Last Reply By Crystal · First Unread Post

savings account

Forum: Credit
I inherited a small amount of money. I used half of it to pay credit card debt. The remainder I want to put in a CD or money market. I this best idea concerning taxes? thank you for any advice.Read More...
Most savings and even CD's are going to give you very little (especially with the recent drop in interest rates). By the time you factor in the rate of inflation, you may find you actually come out on the losing end. Having you considered putting it into a REIT or another low risk investment?Read More...
Last Reply By Moore Income · First Unread Post

Investing in Real Estate

Forum: Investment
Clkw84
What type of return does investing in real estate trusts usually garner? Say we start out with putting $10,000 in? We are self employed and although we have a mutual fund account it gets really scary with all the fluctuations. We need a savings that will have guaranteed growth and I think real estate trusts is the way to go.?Read More...
It really depends on the Real Estate Investment Trust and their investment strategies. I personally invest with Rich Uncles REIT and they get about 6%-7% annualized returns but I know of someone else who invests in another and only sees 4%-5% returns. I still am looking at investing in Fundrise and they advertise 8.7%-12.4% returns on their website. It really just depends on the company...Read More...
Last Reply By Moore Income · First Unread Post

ATM Money Machine

Forum: Make Money
Anyone have experience with or heard anything about ATM Money Machine? Considering using them to buy an ATM to start a side business but can’t find many reviews.Read More...
This is my first time hearing about them but I would say they seem to be a solid business. As you said there are not many reviews so in this case I would definitely recommend taking the time to call them and ask specific questions. With the right location, you can make a lot of money off of ATM withdrawal fees.Read More...
Last Reply By Moore Income · First Unread Post

STUDENT LOAN DEBT

Forum: Debt
Jennifer Dawn D'Eliseo
Will paying off even a low amount of my student loans while I am still in college raise my credit score?Read More...
Paying off some of your student loans should lower your overall debt-to-income ratio and should affect your credit score in a positive way. Although, I am not sure how much it would be noticeable if you were only paying a small amount off. When you pay off your student loan completely, it actually may lower your score a bit as student loans are part of your "credit mix" and when you pay off one type of credit account, if you don't have other similar accounts, your credit score may drop...Read More...
Last Reply By Moore Income · First Unread Post

TRIM Services

Forum: Budgeting
Hi Everyone - I am curious to know if anyone uses Trim and used them to help with lowering your credit card ARP, building a budget, and other money saving tips. I do know they charge $10 a month. Pros or Cons?? ThanksRead More...
Thanks Drew. I think I will try and use them for a few months. Appreciate the feed back.Read More...
Hi All, I have used Trim in the past for bills and it worked great. Are you sure about the $10 fee? I'm pretty sure if you use the Facebook connect and simply want to lower certain types of bills they just take a cut of your bill savings over the next n years. I have it hooked up to my account and am definitely not being charged $10 a month. So looks like depending on the bill it may be a monthly fee or it may just be a percentage of the savings. I would bet that some negotiations (internet...Read More...
Last Reply By Leon · First Unread Post

How do you invest?

Forum: Investment
Antonio Bonton
So I used to day trade when I was in college and while I would make a little bit of money, I quickly realized this was not the best idea for long term growth. While I do spend a ton of time researching individual stocks, I think that the best option is to invest in ETFs. These allow me to diversify my portfolio and still receive dividends. Do any of y'all invest heavily?Read More...
I personally like investing in a more hands off approach. I use a lot of apps and platforms that make it easier to do so. Most of my investments are done through robo-advisers and REIT's but I do have a few apps where I purchase stocks. When it comes to stocks, I only buy stocks that pay dividends.Read More...
Last Reply By Moore Income · First Unread Post
I have a little experience working at estate sales and I would like to find part time employment in the Orange County/ Long Beach areaRead More...
From my experience, when it comes to estate sales, they tend to have a pretty loyal customer base and are generally owned by a person on family and everybody knows everybody for the most part. I would suggest looking up estate sales in your area and start visiting them on a regular basis. Once you get to know the owners and employees, ask them if they are ever looking for help and then let them know you are open for part time work.Read More...
First of all I would look up companies that host estate sales. From my experience most of them are small business owners who employ folks to sort through estates, Mark items and help set up the estate sale. I’d certainly contact the local companies and inquire about hiring on. I live in the San Francisco Bay Area and subscribe to many local estate sale companies so I can find out about upcoming estate sales. I have a friend who hosts estate sales and makes a solid living doing so. It’s a lot...Read More...
Last Reply By Moore Income · First Unread Post
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