Oh, that sounds like a potential path here. I'll ask my insurance company about that!

not true, you sign for it, you make payments & keep at least storage insurance at all times while vehicle is registered & financed.

Are you saying I should just increase my 403b contribution or open up a traditional 401k account and contribute to that?

"Since money towards principal reduces the balance, the interest payments are front loaded (more money towards interest early in the loan and less at the end). Amoritization calculaters visualize this effect."

Firat sentence was an incomplete thought; APY is calculated for the term of the loan an figured into a normalized payment amount. Else you said the same thing.

The bank holds the title until it’s paid. That the “legal owner”. Very confused as to why that’s a debate.

So smart. I don’t have many on my phone but I think Amazon prime May be next to go!… so tempting lol

I agree - but sometimes I like to visit my family that live about 1 hour away! Def on the conservative side though

If you’re making too much for a Roth IRA then you’re probably better off going traditional 401K 403b as well.

Sure but the tax rate does start/stop/change. So my job puts me at 22% tax rate and so my business is automatically starting at 22% after deductions. If I made less money at my day job business income would only be taxed 10 or 12 percent. So I need to charge more per item to account for this.

I don’t think it would work for everyone, but it does eliminate some headaches. Biggest one is if you need to sell your house to buy. Sale contingencies can be a turn off if other things are equal. I moved into a 2 bedroom apartment in a complex, I didn’t need to ask - once my lease was up i automatically went month to month. I also ended up with flexibility, I didn’t need a particular settlement date since I didn’t need to leave my place. Also had already sold my house so there were no more surprises like something coming up in home inspection. I guess it’s just personal experience, I’ve bought and sold 3 homes, that was the least stressful process.

Exactly, housekeeping is one of those things that can go either direction.

We hire through a janitorial company. The janitorial service happens to be ran by a single person, who does all the work themselves. They come within a window (standing appointment weekly) and bring all their own gear. The only thing we offer is the consumables because I'm not paying them to buy me trash bags and toilet paper but they offer that service if one wants it!

But if you have A Person come in, say every Monday 9am-12pm. And you have a set routine for them and they use your equipment in your closet to do it. Then that's an employee.

>Considering I currently use public transport a lot for non-work purposes, is this worth taking a portion off my paycheck to put onto a pre-taxed commuter card/transit pass? How much would I be saving by doing this?

You add a lot of irrelevant detail to a very simple question.

You don't have a commute because you work remotely and don't report to an office.

You use public transportation whenever you need transportation.

You seem to believe that because you don't have a commute, you don't qualify for a "commuter card". This is false. You can use public transportation for whatever transportation needs you have and public transport can fulfill. All a "commuter card" is is a discount card for frequent users, many of whom have a commute.

The issue isn't whether this is a simple claim, it is whether the guy that hit you was covered by insurance. As others have said, they could be late on payments, they could be doing something that is an uncovered behavior like driving a personal vehicle for work or gig work, etc.

What you are describing is technically tax evasion if you are in the US.

It’s happened to me before. I never make a claim through the my insurer now. I notify but that’s it.

The other insurer might decline coverage as the other driver didn’t comply with the terms of the policy. Since the driver accepted fault, you can go directly to that driver for reimbursement. If both the insurer and the driver refuse to pay, report the diver to the state dmv for not having insurance. Then sue the driver and insurer. Your insurer might pay for your legal fees.

Be aware that your insurance company is not going to ‘represent’ you in a claim against the other. If you go through the at fault party, you will wait for whatever they are doing. If you go through your own carrier, yours can then get their money back from the at fault party, but they are representing themselves in that matter.

Some policies have an endorsement that if your carrier finds the other party at fault, they will waive your deductible because they’re confident they’ll get it back; ask if you have this.

Great, that’s what I had imagined. Wasn’t sure if there were any nuances dependent on the avenue of income generation.

>Wasn’t sure I could do both the roth and IRA.

A Roth IRA is an IRA.

>I thought 2k for allowance was small.

You thought 20% of your net pay on entertainment was small? That's more than your housing expense. That's a dangerous level of lifestyle creep for someone who was making $1500 a month just 9 months ago.

No, it isn't calculated over the term of the loan. Interest is accrued (typically) daily on your outstanding balance. Interest payments aren't 'front loaded' and the total amount of interest you will pay isn't fixed up front.

The reason why more of your fixed payment is interest early on is because you have a higher balance accruing more interest.

Double check your policies. I get a (highly subsidized) buss pass, but I'm only supposed to use it for travel to and from work.

It's $15/month, and I do work remote primarily. But if I bus in to the office twice, it has paid for itself (more so if I factor in parking and toll bridges!)

Would my insurance company really increase my rate by going through them, even though I was not at fault...?

I just got this position in May of past year. I was a student before and was making less than 20k.

I have a ROTH that I plan on maxing out via the backdoor. Wasn’t sure I could do both the roth and IRA.

I thought 2k for allowance was small. I could adjust to 1.5k

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It’s not you. Car insurance companies are having a gold rush by denying coverage after the fact based on gig work. It’s similar to what was done with health insurance companies. Until government steps in and says insurance covers a vehicle for a timeframe, lots of claims will get questioned or denied outright. Corruption at its finest.

Take your car to the dealer or the dealer’s authorized body shop and give the body shop the name of insurance adjuster. Your body shop will handle it.

If you go through your insurer you risk a premium hike.