Latest Buzz

Emergency debt

Forum: Debt
Alisak
At only $740.00 month disability income the $500.00 vet bill will be extremely challenging to pay off before the 28% interest kicks in through care credit. I’m having no luck finding programs, grants, forgiveness loans Ect..I’m considering GoFundMe type platform but know very little about those. My emergency fund was first to go, my credit score is 740. Any tips,advice, links, support, and prayers welcome. I have to take her back to hospital today if she holds out until I get a ride to...Read More...
REDCATCEC, Sorry I was so cavalier to throw "radio cat" out there like anybody would know what that was. We certainly didn't until our cat got sick. The reason we went with the radio cat treatment was for the health of our cat, of course, but also it was the economical way to treat it. Otherwise, he would have had to be on medication the rest of his life. The vet recommended it and said that in a few years it would pay for itself versus meds the rest of his life.There is a 90-95% (can't...Read More...
Hi DBOOTHE, I had never heard of a radio cat treatment, so I looked it up. It is a treatment for a cat that has hyperthyroidism, the cat is given Radioactive iodine therapy to return the level of thyroid function to normal. Hyperthyroidism affects every organ in the body, you know this treatment is expensive, but sources say it is cheaper than surgery to remove the thyroid. One good thing about animal shelters is they have access to veterinarians, so they can be treated to some extent, they...Read More...
Last Reply By dboothe · First Unread Post

buying a home

Forum: Credit
Lorna L Julien
I am a single mom with 2 grown sons at home, both with medical issues. I was raised with the belief that if you didn't have the cash, you didn't need it in the first place. So, no credit cards. I had one, years ago, just to see what it was like. NEVER again would I have one. I got into to debt too easy and it was difficult to get out of. I have been renting a house for 20+ years and have the opportunity to buy a house that is within my budget. my credit is not all that great but I have been...Read More...
Not all loan officers are created equal! Is there another loan officer at another bank or a mortgage broker you can talk to? You will likely be charged to pull another credit report by the bank, or you could pull your own thru Experian, Equifax, or TransUnion? You are allowed 1 free credit report every year with each of the "Big 3" and if you are being denied a loan based on the status of your credit report you may pull one for free, as well. If you pull your own report you can hand carry a...Read More...
It appears an FHA loan might be something for you to consider? This link has information about the FHA loan which may not require a credit card and may work for folks with little credit? This is not a recommendation to use the company presenting the info, just for the info itself. https://themortgagereports.com...n-assumable-203k-mipRead More...
Last Reply By mintjulep · First Unread Post

I photograph my receipts for cash

Forum: Make Money
lori wulff
We all buy things and are given PROOF of purchase= receipt. I have the receipt hog app. It is different from the other receipt apps for receipt hog takes ANY kind of receipt. I make about $100 per year. 😀Read More...
I've been using Fetch, Ibotta and Checkout51. Checkout 51 is not compatible now with a new phone (Motorola) and I've gone back and forth with them a few times about that fact. They emailed me a patch to download and it did nada. I only have a few dollars "trapped" there but because of their required balance to claim, I'm basically losing that earned money. Their reply is that I am able to submit receipts I can scan on my desktop scanner, then they had the nerve to tell me if I didn't keep my...Read More...
Yes! Receipt scanning apps are a great way to earn a little extra on the side. I like to scan my receipts on all the apps to maximize my rewards. Receipt Hog, Receipt Pal, CoinOut and Fetch Rewards are the ones I use.Read More...
Last Reply By mintjulep · First Unread Post

Financial Fitness February: Day 2

Forum: Save Money
Moore Income
It's day 2 of my Financial Fitness February challenge so here are the things that took place that had an impact on my finances: 1.) Returned an item I really didn't need on Amazon - I had purchased a Bluetooth speaker, and although it was nice, I realized I really didn't need it and I can make better use of the money. Since it was still within the return period, I went ahead and sent it back to Amazon. That put $32.24 back in my pocket. Also, since I chose to drop it off at Kohl's which was...Read More...

Best penny pinching app

Forum: Save Money
Aaron M Hughes
So i dont know if you guys and gals have ever used the app called "digit". It is a little miracle worker. You attach it to your bank account and it learns your spending habits. Then every day it will take a small portion out. You can set the limit. Its 2.99$ a month but trust me it is worth it. You can create different things you want to save for and name them and it will divide your dividend that it takes into each folder your saving in. I have a "rainy day", "graduation ", and "student...Read More...

Help with credit score

Robin Osmun-McGill
Hello, I was wondering if anyone could direct me or has any information about how to remove things off my credit report. For example, one of my primary questions is how to I get my name taken off a mortgage I have no title to, without costing me any money? I have been divorced for 14 years, and every time I try to apply for a home, a car etc..This shows on my credit score as on going. I have no claim to this property, but they want $1000 for me to be taken off. My ex won't pay for it to be...Read More...
My ex had to refinance in order to remove my name from the mortgage. He was court ordered to do so, but it still took him several years.Read More...
Hi Robin, I'm really sorry to hear about your situation. Did your divorce decree state that your name should no longer be on the mortgage? If it was, then you should be able to get a copy of that from the public records office and have them remove your name without paying anything. Otherwise, you may have to find a way to come up with the money to do so. Honestly, your best bet is to maybe see if there are any lawyers that offer free consultation or would work for relatively cheap to help...Read More...
Last Reply By KellyFromKeene · First Unread Post

Soft Inquiries

Swayla Monche
Do soft inquiries impact your credit score or just the hard inquiries? If someone could answer this, I'll greatly appreciate it.Read More...
According to Experian: "A soft inquiry occurs in cases where you check your own credit or when a lender or credit card company checks your credit to preapprove you for an offer. Soft inquiries do not impact your credit scores." Hope that helps!Read More...
Last Reply By JeremyM · First Unread Post

Reloadable pre-paid debit card

KellyFromKeene
I am looking for a pre-paid debit card that I can re-load as needed. Does this exist, without crazy monthly fees? And does anyone use them? If yes, how do you like it?Read More...
There are several ways that you can add money to your PayPal Prepaid MasterCard: Direct Deposit: Direct deposit is the easy and free way to add all or part of your pay check or government payment to a PayPal Prepaid Card. You must enroll in direct deposit in order for your card account to receive these electronic deposits. LEARN MORE NetSpend Reload Network: Our reload network is nationwide. There are more than 100,000 convenient locations where you can add money to your card account. It's...Read More...
CLANG, I just got the PayPal Debit Card and would like to know how you load it at stores. Can you tell me about it? Which stores? Thank you.Read More...
Last Reply By JaDawn · First Unread Post

Drastic Score change!

Forum: Credit
Jerri Ucantstopme Cherry
Hello, we recently bought a house at the beginning 2019...bought a car at the end of 2019. Score was over 700 AFTER car purchase...we were late on our credit card payment (once) and paid the late fee...then I needed to upgrade the car we had; requested credit was given approval for $35k...dealership ran HARD credit...decided it was not a good deal. Now score has dropped almost 200 points!!! OMG, I almost fainted...what the heck happened? We worked so hard to get up there...and the simulator...Read More...
It's all about paying on time... if possible, have automatic payments set up for all your outstanding debt so you won't be late again. Time is your friend, however... the longer you keep making on-time payments, your score will go up. I learned not to trust those simulators, they can be all over the place. Many people are using Experian Boost by tying their utility payments into their credit history so maybe that's something for you to consider. Credit scores will make you crazy- not enough...Read More...
Last Reply By TekkieChikk · First Unread Post

Low income high debt

Forum: Debt
Sonja Setoute
I had to leave my job suddenly for personal reasons which left me unable to make payments for 6 months until I found a new job. The new job pays less and I'm barely about to make payments on one card/loan. How do I handle this?Read More...
I don't think I have ever been in that position. I don't use credit cards unless I have to for medical issues.Read More...
Last Reply By MsKimberly · First Unread Post

Looking For Part-Time Job

Forum: Make Money
Hello I'm new to the site and I'm looking for an opportunity to work from home to earn some extra cash. Or ever an evening /night part time job to supplement my income. Please suggest any links and please don't send anything that I'm required to pay to join a club. I want real legitimate JOBS!! Thanks.Read More...
Welcome to the community! The Penny Hoarder WFH Portal is a great resource for finding work from home job. One part time side gig that I do and recommend to others is doing food or grocery delivery with apps such as Door Dash, UberEats, Instacart, etc. While I am not familiar with many WFH jobs, I do know there are countless ways to earn extra money from home by doing things like Reselling which is something I am also currently doing. I wish you the very best in finding an opportunity that...Read More...
Check out the Pennyhoarder work from home site: https://www.thepennyhoarder.co...h/?aff_sub2=homepage https://www.thepennyhoarder.co...h/?aff_sub2=homepage . Also, I've heard good things about Rat Race Rebellion - www.ratracerebellion.com . Both of these sites have jobs that have been vetted. Good luck to you!Read More...
Last Reply By Moore Income · First Unread Post

This Week's Community Announcements 1.31.20

Maryann
Hi everyone! Hope you all had a great week. There are a couple new things going on over at our HQ that I wanted to share with you all. For one, we’re headed to Vegas ! Well, our content is. We recently partnered with the Las Vegas Review-Journal to promote financial literacy and personal finance content to the Las Vegas market. With this partnership, the Review-Journal will publish The Penny Hoarder articles to their readers in Las Vegas. We also launched a fun marketing campaign this week.Read More...
Looks like things are pretty exciting for you guys! Good to see that you are reaching out further with the helpful content TPH offers. Things were pretty busy for me last month but looking forward to what the next month has in store.Read More...
Last Reply By Moore Income · First Unread Post

January No Spend Challenge

AnnMarie L.
Brand new here and am wondering if there’s a group that’s doing this? I’ve read about it in the past but never gotten through a whole month...Read More...
Thanks DBOOTHE! Good job on not spending. I wish you continued success too.Read More...
Best of luck AnnMarie L! Thanks for swapping saving ideas and accomplishments and making the challenge fun. I bought a few things this morning that that I had held off on last month, but really when I reconsidered everything in my cart, they were needs that I could just wait on during the challenge, so great lesson. Continued success going forward.Read More...
Last Reply By AnnMarie L. · First Unread Post
Page

Buy now or wait a year?

Jobelle Collie
I need to build a home that has handicap modifications because I plan to age in place and NEVER go to a nursing home. I already have a home health nurse, but may have to expand her role as I become more aged. My current home has a negligible mortgage (about $5000 USD) so when I sell it, I’ll make my money back I paid for it. I’ve been looking to move for about two years, but finding the right builder, land has been a hard nut to crack. So I went to a real estate attorney to put me in the...Read More...
I hope I didn’t come across as being boastful about my situation. It seems straight forward, but a house is a massive purchase. This will probably be the last home I build or buy. I HAVE begun looking at JUST land/lot. I’ve found most new subdivisions have HOA’s which don’t want modified homes. Some have been fussy about my service dog. One told me that they had “too many” disabled Veterans already. (Which I don’t think is legal) Thank you for the feedback. Talking to my service dog only...Read More...
Save the money, get what you want, and pay off the credit card debt. "I have too much money" said no one EVER. "I have too much debt, my choices are limited, I can't do what I want to do" says most adults. Take the extra time to get your ducks in a row, draw up architectural plans, figure out where you want the house to be, perhaps secure the land and THEN worry about building and loans. You could also possibly look into a condo that you could modify that is pre-existing.Read More...
Last Reply By Jobelle Collie · First Unread Post

Lowered my gym membership price

Forum: Budgeting
lismox
I had a small success today. I added my gym membership to my husband's account. I will save $20 a month, so $240 per year. I wish I'd done it earlier. Then I called my Internet company to see if we could get a better deal, but that was a no-go. And we dropped Hulu and CBS.com (which was through Amazon), which I'd completely forgotten I was still subscribed to. It pays to stay on top of these things.Read More...
Oh yes, when you notice a charge increases and you are not informed it will increase, go after them. This keeps happening to us with our newspaper subscription, we receive it Wed-Sun, home delivery. This is quarterly repeating charge on a credit card, the only thing on this cc. It went up, I called the paper subscription service line and they confirmed the charge went up. Nothing had changed in the service, the price of gas even went down, so why they up-charge? I threatened to discontinue...Read More...
We spoke to our Internet provider (few options in our area) and they suggested a longer term commitment to lower the monthly costs. We called a second time and they said we may want to consider buying our own modem instead of renting. She even told us what we needed to look for. Every little bit helps.Read More...
Last Reply By redcatcec · First Unread Post

What are your rules when it comes to relationships and money?

Maryann
Hey everyone! We recently published this Dear Penny Q&A over on The Penny Hoarder, and I haven't been able to stop thinking about it! It's this one: " Dear Penny: My boyfriend won't tell me how much he owes. Can I pull his credit? " Interestingly, I was also reading Marie Claire's Couples + Money column this week. It's fascinating to me how different couples have different "rules" or guidelines to managing money within their relationship. It got me thinking — what are your guidelines and...Read More...
Such good news to hear about honest relationships where people actually communicate rather than just say stuff to the other. Bet your practice will spill over into all aspects of your life styles...raising children, parents, finances, pets...lots of stuff gets in the way, it is how you handle it. Best to you.Read More...
My lovely and I are planning on tying the knot this fall. We come from very different families, lifestyles, and jobs. Because of he's Navy he's decided to add me to his bank account, but we'll have separate checking accounts. We started discussing money maybe 3 years into our relationship, and until then we did whoever picked the date paid. We kinda just let it happen naturally, but I wasn't afraid to talk about it just because of the way I grew up.Read More...
Last Reply By redcatcec · First Unread Post

Monthly Rental Payments

Davis Julie
My rental payments have been paid on time every month for the past seven years. Can I in any way have that on my credit report? I've been working with Lexington Law getting my credit in order, but I have a judgment for eviction that was over seven years ago. Any comments greatly appreciatedRead More...
Discover offers free FICO scores (don't have to have a card) and Credit Karma offers free Vantage scores, as well as a credit report.Read More...
I am also not getting my credit scores. I mean the numbers. And my FICO score. Any suggestions. I dont want to pay for it and I would like to see the numbers now.Read More...
Last Reply By JeremyM · First Unread Post

Plastic bags going, Brown bags in

lori wulff
I am all for recycling. Even though plastic bags are handy and convenient, they are ruining mother earth. What is your 2 cents on this?Read More...
REDCATCEC, Ugh, I have been reusing the plastic grocery bags to clean my cat's litter box so the trash doesn't get smelly. You can't flush that stuff. It seems silly to recycle the grocery bags and buy small plastic bags to place the used cat litter into the trash. I do recycle when I get an abundance of them at the grocery store, but what to do about the cat litter so as not to stink up the house, but also not have those grocery bags in the landfills and where ever else they go. What to do?Read More...
You are right, the recycle places do not accept the plastic grocery store bags, please take them in to the stores or places that do. The recycled bags are melted down to make composite lumber (with saw dust). They also are made into other plastic items, like door & window frames, decks, and play ground equipment. The plastic bags are not biodegradable and stay in the environment a long time, eventually releasing chemicals into the water and soil. They also find their way to the bodies of...Read More...
Last Reply By dboothe · First Unread Post

Capital Gains for Selling property

Forum: Taxes
I asked our cpa how our taxes will be affected if we sell our rental property. Most of the funds of the sale will be going to the mortgage company and we’ll pocket about $20,000. That $20,000 will go to pay down my husbands stock plan loans (he can borrow against it). Our cpa said we’ll pay capital gains on the total gain. In my understanding, that means that the difference in what we are getting ready to sell it for minus what we paid for it, is what we have to pay taxes on. If that is...Read More...

How do I build my credit with a credit card?

Forum: Debt
Swayla Monche
Hey, I need more information on how does building credit with credit card works? I never understood it. What does it mean to only spend 30% off the card? If that makes sense. Anyone with accurate info about this would be greatly appreciated.Read More...
Simply put, use the credit card, make payments on time and keep the credit utilization under 30% of the credit limit. The longer you do this the higher your credit score will go. Credit scores are based on several factors, on time payments, available credit and credit usage are 3 of them (there are more, age of credit, type of credit, etc). Basically, if you have a card with $1000 limit, use up to $300 of it and try to pay it off every month (or at least make the min payments on time). It's...Read More...
Hi @Swayla Monche ! We published some articles on The Penny Hoarder that breakdown exactly how to use a credit card and how it improves your credit score. I'm including those articles below, so you can take a look. 5 Steps to Building Credit and Staying Out of Debt With Your Credit Card This article outlines how to use a credit card to build your credit. Tip #4 outlines a little bit about the credit utilization score. Dear Penny: I Have No Credit History. How Do I Get Started? Here's a Dear...Read More...
Last Reply By JeremyM · First Unread Post

Insurance claim - minor accident, my fault

Forum: Insurance
I hit my neighbor's parked car. No one else was involved but me. I took pictures. The cars both got scraped. I figured mine is worse than hers and that both looked like something that could be sanded out. I figured I'd owe her $200 or so. She got estimates for $800 and $1800 ! The higher cost is from the dealer, and that's who my insurance company chose for her to go to. It appears they just took the estimate at face value. I thought they would estimate it themselves. (Her car is the white...Read More...
The law states they can go to any auto repair center they choose. A lot of times what we think is just a buff and repaint is a little more, labor is involved and shop labor is not cheap. It might seem unfair to you, but it is what it is. Sorry this happened to you.Read More...
Last Reply By JeremyM · First Unread Post

Should I do a balance transfer

Forum: Debt
Christine Corsaw Van Duys
I have a balance with a credit card with 20.74% interest rate. I have a credit score of 765. Would if be helpful for me to get a new credit card that offers 0% for 15 months? I really dont want to mess up my credit score if I open a new account.Read More...
You will really want to read the fine print on the 0% for 15 months. A lot of times the rate after the promotional period is higher than what you're getting now. But, if you are able to pay off the transferred balance before the promo period, then you would be fine. Like suggested, call the card you have and see what they can do for you first.Read More...
I would ask the current card company for a change in my percentage rate if you have been paying on time and your score is what you say. Ask them to lower it to keep you.Read More...
Last Reply By JeremyM · First Unread Post

Seek a job house-sitting or care-taking

My wife and I are semi retired. I’m a university English professor and my wife is a professional church musician. Where can we find house-sitting or care-taking jobs near Atlanta?Read More...
Aside from the pet route, you can check out Care.com. They have more traditional care-taking and house sitting jobs.Read More...
Hi @James McCoy ! Do you like pets? If so, Rover and Wag could be solid options to finding housesitting or care-taking jobs for pets. If you want to learn more, we published a comparison of Rover and Wag on The Penny Hoarder. Here it is: https://www.thepennyhoarder.co...g/?aff_sub2=homepage There are other house-sitting gigs. Here are some we highlighted: https://www.thepennyhoarder.co...s/?aff_sub2=homepage Keep us posted on your house-sitting hunt! Best of luck.Read More...
Last Reply By JeremyM · First Unread Post

Subscriptions

Forum: Save Money
Eber A.
What subscription services do you guys have? Do you actually use them? I’m going over my subscriptions and I know I need to cancel some.Read More...
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