Start here: https://www.reddit.com/r/personalfinance/wiki/commontopics

You can't max out both traditional and roth 401k anyway - the limit applies to any combination of both. Since you are already maxing out both, changing to contributing to Roth 401k would let you effectively contribute more (if you want to) because you are contributing with after-tax money.

I received an Acorns email with insights from 2022 and my investment amounts are much higher than average, which got me worried.

I make around 40k/year and have $10/daily recurring investments set up, plus 2x roundups. However, I only have around 10k in others savings, including emergency. In addition, 25% of my weekly paycheck automatically goes to savings.

Am I investing too much? I wanted to take advantage of this year's market but I sometimes worry about not having enough liquidity.

Tax loss harvesting and calculating my projected income tax liabilities

Check out the subreddit wikki in the menu, it’s really helpful.

You guys are killing it so I don’t understand the question?

Fidelity is solid. No minimum cash balances or restrictions on investments or anything. Some other providers may force you to hold a certain $ or % of the account as cash, so make sure to review the restrictions for whoever you go with.

I use Fidelity for my HSA and it's pretty good. I also have my taxable and retirement investments with Schwab and my emergency fund split between Ally and Treasury Direct, so I know how you feel about too many accounts. I think the tax benefit to an HSA is great enough to be worth the extra login information and monitoring demand. You could consider moving your investments from Vanguard to Fidelity, but you will still have to manage additional account statements and tax forms either way.

Congrats! Do not listen to everyone saying “continue to live like you are making $60k.” Most are likely Reddit optimization nerds without kids or a wife. Instead, save and invest a reasonable amount (since you don’t have any high interest debt to pay off) and use the money for low-cost, high-impact quality of life increases. Prioritize safety, health, and mental well being.

This does not mean nice clothes or flashier cars. This means moving from an unsafe area to a safe area. This means getting higher quality food for your child. This means getting a babysitter so you and a significant other can have some time together. This means getting a housekeeper. This means getting a gym membership. This means finally getting that weird pain in your back checked out by a doctor.

Congrats on the step up, now you can use it wisely to increase your quality of life substantially.

The one thing you have going for you is time. You’ll get some great advice here and if you take it and you keep chipping away you will absolutely reap those benefits.

I’ve lived in the gulf coast and along the Canadian border.

You can survive off a space heater and 80 degree internal temp.

No excuse to me for a $200 electric bill for an apartment.

[removed]

It's never too late. but if the amount truly is low, then yeah, might not be worth the hassle of switching. Might be worth it to calculate the exact dollar amount of what you're paying them and re-evaluate. If it's surprisingly low (or high), at least you'll know. ¯\_(ツ)_/¯

happy new year!

I mean I make that wage for 8 hours per day and any time over that is paid a 1.5x my wage. My base wage is as stated above.

If you don't need the cash for a long time, an I-bond is still a good option. Other than that, I recommend HYSA. Mine are up to 3.5%.

You may find these links helpful:

• "How to handle $"
• Investing

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

He thinks I could make more money.

>we expect to pull from it in the coming year

What is your exact timeline? There's no reason you can't lock it into something safe like a 6-month CD earning over 4% interest. If you put $25k into a 6-month CD earning 4.15%, you'd get just over $500 in that time. There likely are other options out there that will earn you more money but since you sound like you want little to no risk, a CD may be the simplest option.

This is my feeling, I’m comfortable where I am right now and not looking for more responsibility at the moment.

1. Do your research on the fair market value for the specific vehicle and condition you want.

2. Do research on how much your insurance premium would cost for the car.

3. Save the money to purchase the car in full. No loan unless 0% interest (unlikely to find this). Don’t purchase for any price over the FMV.

4. Don’t purchase vehicle unless you know your budget can afford the monthly or semi-annual premium.

I've thought about moving this to a monthly habit (or at least some of this). But I'd need to scale this back quite a bit otherwise it's be too cumbersome and I'd put off doing it.

[removed]

On Sunday, I will update the data for December, duplicate the 2022 tab on my spreadsheet, rename it as 2023, delete the information and call it a day.

On the lawyer thing please do it. It's not romantic, it's not enjoyable and can be uncomfortable to entertain. But it IS necessary for peace of mind that if anything did happen that both your asses are covered.

Good luck on your purchase and congrats on making the first steps

Complete my charitable giving for the year and get ready for backdoor Roth. Otherwise, nothing different than I do at the end of any other month.