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You might check with your bank or credit union to see if you could borrow the $1400 at a much lower interest rate than the 20 percent (more or less) that you're paying now. (Tip: apply for a loan, not a line of credit). Then pay off the loan, cut up your credit cards and be done with it!Read More...

I'm working on paying off 2 credit cards right now - the one is around $400 for a Dell computer I bought. That one should be paid off by the end of the year (I pay $47 per month). My main credit card is a Mastercard, and I am working diligently on that, throwing every spare penny that I can in that direction. It's working, but I still have a little ways to go. I'll be so happy when it's under $1,000 - I'm almost there!Read More...

Congratulations! I wish I could say that I have no credit card debt and be telling the truth! 🙂 Anyhow, as financial experts advise, get rid of your credit card debt before you retire if at all possible. On the bright side though, I'm slowly paying it down.Read More...

Congratulations! NO CC debt for me but I am looking at increasing my savings. Occasionally I will take a pay period or a month and do 'no spend'. Now I am a decent budgeter, but there is always somewhere that can be cut back for a time. I eat from my cupboards and clean out the fridge, no personal spending, etc. And that money goes to savings.Read More...

Here is some simple math. I just googled it and found a source saying the average annual credit card interest charge is 17.8%. Interest on a bank account pays less than 1% interest. Investing in bonds may give a couple of percentage points and lets say investing in a broad based index fund of stocks may bring 9% on the aggressive side. With inflation running lets say 2.5%, having money saved in a bank account is not keeping up with inflation. But not paying off your credit card is likely...Read More...

Even a little extra amount to credit cards, will eventually make a dent. A half and half approach, half to credit card and half to savings will work. The bare minimum savings per The Total Money Makeover is $1000 (Baby Step 1) and follow the steps to get out of debt.Read More...

i enjoy learning from this community thank you all for sharing,Read More...

Dave Ramsey: Total Money Makeover is really helpful to look at debt and how to manage it. They have great resources. Google: daveramsey.com Let me know if you need help navigating the site.Read More...

I’d like to join in here and say this - never rely on random people to make money. Yes, there are success stories. Does that mean it’s a guarantee? Absolutely not. There is no gimmick to guarantee an 8% APY investment. If you want to invest and you don’t want to keep an eye on it, I suggest CocaCola ($KO). Why do I suggest CocaCola? Well, they offer a really nice dividend with a yield of 3.15% at the moment. However, please understand this is dependent on the current price of the stock...Read More...

The s&p isnt making any moneyRead More...

To start investing , it’s always best to start dollar-cost averaging into a S& P Total Market Index, or S&P 500 index🤗Read More...

Yes! https://community.thepennyhoar...5#542884453979116545Read More...

I'm really looking forward to getting out more once the weather warms up. Spring is my favorite season. Financially, my year looks great so far. My first quarter earnings from taking surveys and participating in focus groups are good, I've received unexpected refunds from my mortgage company, health insurance company, etc. The stimulus checks have arrived in a timely fashion, and most of all I've accomplished one of my financial goals for the year which is to start investing again.Read More...

I still have a hard time believing that I will receive monthly installments of the expanded child tax credit! I am considering my plans for it so I will already have it written into my budget and not just blow it. I would like to do more than just save it... And this year has been good so far! Starting to spend more time at the actual office but also currently have some flexibility to be home with my teenagers, and I want to keep that for as long as I possibly can. But I am SO looking...Read More...

thanks for the post, i know i am saving my money don't know what tomorrow will bring, i live on a single income and work part time,Read More...

It is April 1st and I have not seen or heard anything about SS deposits. Any updates?Read More...

Thank you all for your input. We had heard (in Washington) that checks would be depositing starting March 24. So we are eagerly waiting too! 😉Read More...

SSI and Social Security should receive their check by the end of May . This is what others been telling me .Read More...

And, I checked early this morning (2:00 a.m. CST) and the IRS site says to expect my Stimulus check on April 29th.Read More...

That is rough. If their situation is tight, I'd be tempted to suggest they try Freecycle or the free section of Craigslist. If they just expect folks to give them cash because they're entitled, "No" is a complete sentence.Read More...

My mother, who lives with me and pitches in a very small amount toward the rent (I cover all other expenses including her cell phone on my plan), recently asked me if I should get a raise at work, would I “lower” her rent? 🙄 People can feel entitled, but we don’t need to indulge.Read More...

I am sorry that you are dealing with someone so selfish or clueless right now. I'm sure it is hard! Keep strong and take care of yourself. New furniture is not an urgent need.Read More...

People can be thoughtless and selfish so perhaps it was a case of just not realizing how much you are going thru. Just ignore them no need to feel any pressure to finance someone elses lifestyle.Read More...

Hi everyone, If you have concerns over your partner’s fidelity, improving your credit score, grade change or doubt your employee’s sincerity I am certain morrisgray can help you get direct access into their phones and computers easily without their knowledge and within a specified time frame. This team of certified morrisgray hackers helped me when I desperately needed to get evidence of my cheating husband’s extra-marital affairs. I was tired of being lied to and wanted a divorce, all...Read More...

Hi everyone, If you have concerns over your partner’s fidelity, improving your credit score, grade change or doubt your employee’s sincerity I am certain morrisgray can help you get direct access into their phones and computers easily without their knowledge and within a specified time frame. This team of certified morrisgray hackers helped me when I desperately needed to get evidence of my cheating husband’s extra-marital affairs. I was tired of being lied to and wanted a divorce, all...Read More...

Hi @Latonia Whitley ! We haven't yet finalized the next pick for the book club. We're trying to assess the best way to move forward with everything, but I'll be sure to make an announcement once we've decided on the next book!Read More...

Would like to know the name of how the current book and how to obtain it the club has started. I'm new to this and really need to learn how to budget and save.Read More...

I have one friend who is as open as me about money and finances, so we are always discussing and giving each other tips and advice. Nothing is off limits because we both know what we discuss stays between us, no judgement.Read More...

Your friend is reaching out to you to share, so I would listen empathetically, and then ask, 'Can I share an idea that I have' or 'what worked for me?', especially if circumstances are similar. Then you know if they are just venting, or actually seeking solutions. If they are just venting, at a time when neither one of you are talking about money, you could bring up a situation from your life and how you are dealing with it, and ask them what they think. As we know, when we are dealing with...Read More...

A friend is someone who I'd like to keep, so we don't discuss money handling at all, along with politics and religion. It is just not worth it to reveal things that would hurt or create a sticky situation that could lead to a distancing. We might say things like did you get your stimulus check, did you file your taxes yet, what is your car insurance costing you...things like that. If the situation is similar I would share what I have done and leave it at that.Read More...

I have one friend whom I share pretty intimate details about money. We're both in somewhat similar financial situations. Other friends I don't go into it too much.Read More...

wow interesting thanks for sharingRead More...

👏👏👏🤗Read More...

I want to thank all for these suggestions. I tried them all and felt puffs of air when I compressed the sprayer top. Next thing I did was pump the dickens out of the sprayer, and after a couple hundred pumps I got liquid!Read More...

You could do the needle in the hole trick, an alternative is to try a new sprayer from a different bottle. Just pull up the 1 on top of the bottle and put a new one on. More than likely it is just drawing up air slugs from the bottle and will not allow a steady stream of liquid to come out. Best to you.Read More...

hell everyone i hope all is well i feel very bad for all of the people with out jobs and yes they collect unemployment but its not always what you make in a regular pay, i do hope that the extra money in the stimulus checks helps, prays to all and i am so great full to learn everything i do from you allRead More...

My husband and I are still waiting for our stimulus check. There's not even a date out there which really makes me think there's a problem. We got federal and both state tax refunds in a timely manner. Is anyone still waiting for their stimulus check?Read More...

Hello Everyone! @Dear Penny , I'm interested in learning more about the unemployment extension and how to file if your UI benefits ran out 4 months ago. Any resources on that topic? Please connect me! I'd love to see a decision tree chart! On a lighter note...I appreciate all the positive and supportive people in the Penny Hoarder community that have shared advice and support. My heart goes out to everyone in situations that are beyond their control. Its scary.Read More...

my son and sister have theirs in the bank, but can't take the money until March 17th my bank said it will be there on March 17th, my son and sister belong to a credit union i belong to a bankRead More...

Thanks for the recap! I just found the resources page and its great. And I was psyched to receive a decent tax return AND stimulus check! All of it to savings for me. This year has taught me to have a good emergency fund.Read More...

This happened to me with Chase Bank. I average an incident every six months with them. Only reason I keep them is because they guarantee my disability check.Read More...

If it happens again, I wont be using my card anymore...Read More...

Hi! This is one reason I closed my BOA credit cards. I’d pay my balance in full, and the interest would still show on the statement. Then I’d have to call BOA to have it removed.Read More...

@Maryann THANK YOU! Found it. 🙂Read More...

@sthom I'm so glad it's been beneficial for you! Thanks for bringing this up as a viable place for tips. @KellyFromKeene It's on the top menu. Click Get Started > Resources. Attaching a screenshot too. =)Read More...

I don't see it on my profile page... Would you be more specific on how to access it? It sounds great!Read More...

@lori wulff , I hear you. The news definitely tends to focus on the negative/fraud/mismanagement. And there is some, for sure! But in my experience, it is far outweighed by the people who use it correctly. Money is an emotional subject, and in today's environment, one can hardly have an opinion without being criticized for it. I'm happy to have a discussion about what I see firsthand, and what I experience.Read More...

Just to clarify , I was asking opinions. I am not saying I am not I'm not favor of unemployment, just concerned. Of coarse I want families and others to ube safe financially. I saw on news about thousands of fraudulent w so that is where my question stemmed from. Have a great safe day all.Read More...

Just to clarify , I was asking opinions. I am not saying I am not I'm not favor of unemployment, just concerned. Of coarse I want families and others to be safe financially. I saw on news about thousands of fraudulent cases so that is where my question stemmed from. Have a great safe day all.Read More...

Please provide evidence from balanced resources which support the assertion of benefit recipients earning less than the amount of the benefits received. It's challenging to speak to issue without more information from useful resources. Thank you.Read More...

That Suze Orman article was great! I'll be passing that along to my friends and clients. I know that I have been one of the fortunate ones- kept my job the whole time. I was pretty proud of my 3 month emergency fund, however, I am working on building it up as this year has shown me that I need to be even more prepared for the unexpected, if possible. So all stimulus and tax returns are building that up. (12 months seems so out of reach!)Read More...