Latest Buzz

What should I do?

Forum: Make Money
I want to work from home. I currently manage a company doing payroll, state reporting, working with a multitude of people, contractors, suppliers, lawyers, bankers, accountants, creating brochures, newsletters, businesscards, at one time. I managed 3 companies for the same owner..I've done it all. My husband does project Estimating. We both work at the same place. It's just me, husband, and owner that work together. I work 2 days, commute 250 miles weekly, and the other days I work at my...Read More...
I agree with Dexter Money, LinkedIn is a great place to showcase your professional expertise and find lots of great opportunities.Read More...
Hi Pansey, So I work in the tech industry and it is known for having people work from home. It is so easy to do these days because of the web and all the telecom tools like Slack and GoToMeeting. If you want to work for a company from home I would encourage you to create a real nice profile on LinkedIn all about the experience and skills you have. Make networking connections with people there. And even write some blog posts on your page relevant to your field. You can also connect with...Read More...
Last Reply By Moore Income · First Unread Post
Social Security isn't meeting the bills so I need to find a job. Where are the good jobs for Seniors?Read More...
@Molly Moorhead I think it is absolutely awesome how The Penny Hoarder publishes so much valuable information to help in almost any financial situation!Read More...
There are so many jobs out there for seniors. Companies are always looking for part time workers. Do an online job search, one of the biggest that I recommend is Indeed. I also always encourage people to make a nice profile on LinkedIn. I would encourage you to make a list skills you have and then search for companies or businesses that match those skills. You can also filter by part-time jobs, seasonal or entry level. If you want to to stay in your areas being a receptionist or checkin...Read More...
Last Reply By Moore Income · 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

Wfh jobs

Forum: Make Money
Diana Hynum
Any and all suggestions on all work from home jobs or gigs that are easy to obtain that atleast pay some or half of the bills?Read More...
If you have a medical background, I’ve seen several work-at-home jobs available at insurance companies.Read More...
The Penny Hoarder's WFH section would be the first place I would recommend visiting. They take quite a bit of time to find quality work from home jobs. If none of those work for you, have you considered starting a side hustle that would allow you to work from home? This could be anything from buying and reselling, affiliate marketing, writing, etc.Read More...
Last Reply By PiNaY · 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
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

How do you distribute your income?

Forum: Budgeting
Hi, My husband and I both work typical full time jobs and I was basically paying the minimum on my loans and credit cards. However, we recently inherited a very large collection of comic books dating all the way back to the 30's and 40's. Right now we are working on moving these books for additional income and so far the amount we're making is so great we've had to claim ourselves as small business owners selling out of our home. My question for everyone is, how should I distribute this...Read More...
Hey, my earnings come in Kenya shilling but the principal is the same i bet.percentages.That is: 10% Tithe 30% personal needs 40% family 10% savings 10% charity Ithen share out the percentages according to the budget.what I cant then is pushed to the next month with first priority. Kinyua On Tue, 10 Sep 2019 at 17:36, The Penny Hoarder Community < [email protected]> wrote:Read More...
Personal loan 150Read More...
Last Reply By John Kinyua · 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

What happens to my FSA if I leave a job?

Forum: Insurance
Hey everyone, I need some advice, I left my job for a promotion at another company. I have never switched jobs before so those 2 weeks flew by and I didn't really know what I was doing. My final day at my previous employer was 7-24-19. I recieved a letter in the mail today that I was no longer eligible to use my FSA. Is that money that I literally just lose, any suggestions on what I can possibly do to utilize that money at this point? I hadn't realized the FSA was different than my HSA...Read More...
Your HSA goes with you when you leave your job. I have an account and use it now in semi-retirement, and am so grateful that I have it as I had surgery in May and still suffering complications. It really helps with extras that Medicare and my Medicare Supplemental Plan won't cover. For example, I was recently diagnosed with lympomedia (sp) as a result of the surgery, and I use the account to buy things the physical therapist requested such as leggings for circulation, special lotions and...Read More...
I agree with one of the other members. I would suggest you contact your old HR Department. Also, check with your health insurance and see if you have any outstanding bills that were created before leaving the old job, maybe the FSA can cover it. Unfortunately, FSA are use or lose, you have to spend it all before leaving the job. An HSA is yours even when you leave a job.Read More...
Last Reply By sthom · 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
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

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

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

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...
I only bought new items but fell into the cheap Chinese quality situation. I had been bidding on a pallet of clothing thinking it was returned goods but it turned out to just be USED clothing for kids. The bid ended and I didn't have the funds available the date that was required so I asked for a 2-day extension on payment. Well, they said no to that and my punishment was that they completely closed my buying account. It actually probably saved me $350 that I'd never make on a pallet of name...Read More...
Liquidation.com is my main place to source. I buy Amazon clothing returns.Read More...
Last Reply By Leslie Kay · First Unread Post

Newest member

Scotirish
This is awkward. I'm not sure how to start a new post or new topic. So I'll go back to here and start from scratch. Does anyone here have experience or knowledge about how to LEARN and study for a Series 6 license. I don't have a lot of questions about it because I don't know anything about it.Read More...
Check this out @ScotirishRead More...
@KellyFromKeene A definition from Investopedia's website: The Series 6 is a securities license entitling the holder to register as a company's representative and sell mutual funds, variable annuities and insurance.Read More...
Last Reply By Theodora · 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

Hi

Forum: Budgeting
Please what's a budget looks like?Read More...
Hi all. I meant a sample pleaseRead More...
Are you asking about form or different budgeting methods? Here's a link about a few kinds of budgets. https://www.thepennyhoarder.co...g/budgeting-methods/ And attached are a copy of some simple spending tracking and budgeting forms I use at work. If that doesn't answer your question, let me know!Read More...
Last Reply By Jean Fritz · First Unread Post

Save early save often

Forum: Retirement
Dan Olsen
Anyone looking to retire early (especially millennials) always take advantage of your 401k if available or have automatic deductions to a Roth IRA. Even if just $25 a week or month it adds up and you can retire in your fifties. As pay increases, up your contributions. I'm 56, worked a good blue collar job and just hit the $2m mark. Einstein said the 8th wonder of the world was compounding interest. Take advantage!Read More...
Good luck and sounds like you had good teachers. Best other lesson is don't panic when markets are down. Look at it as an opportunity to by quality stocks at a discount.Read More...
Congrats @Dan Olsen ! One of the biggest lessons my parents always told me was to take advantage of a 401K!Read More...
Last Reply By Dan Olsen · First Unread Post

Grocery receipts

Almeater Kennedy
Is anyone familiar with saving grocery receipts to earn points for gift cards ?Read More...
Ibotta has many any items on their app now as to allow you to get the brand you like. The amounts for any item are not as large as the ones for specific name brand items but all extra money is good in my book. Each receipts goes thru the following: First - Ibotta Second - Coin out Third - Fetch Fourth - Swagbucks and last: if I got specific item for SavingStar or Checkout 51 then I will add to that app....Read More...
I think I'll try out this Coin Out. I don't like Ibotta; it's too brand-specific as mentioned above.Read More...
Last Reply By Shannon H · First Unread Post

The Fed just cut rates!

Theodora
Anyone planning on changing their savings or borrowing strategies based on the change?Read More...
I just saw that! It's a bit disappointing! I just signed up for a mobile app because they were paying 2.25% interest. I just received an email informing me they are dropping it to 2% and I haven't even put any money in there yet. I probably won't be using their service as I already have other ones that are paying me 2%.Read More...
Last Reply By Moore Income · First Unread Post

Selling sports cards

Omar J Torres
Does anyone know where I can sell my sports card collection? Cards from the 60s to the 90s.Read More...
eBay would probably be my first suggestion. I am sure there are probably websites dedicated to selling cards but eBay would probably give you the most protection as a seller.Read More...
Wow, thanks for this Adam. I will look into this. Now I have somewhere to start.Read More...
Last Reply By Moore Income · First Unread Post
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