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Honestly it's great that it's down. Buy more shares with the same amount of money =p

OP, you need to look out for yourself and start saving for your future. Being a piggy bank for your parents is not OK, it will set you back and the repercussions of that is huge.

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No, you should not rob your retirement to finance your wants now. You will put yourself behind in multiple ways.

Yep.

It depends on your relationship with your parents, and if the amount of money they take affects you in any way.

Everyone here basically telling you to cut her off, but in my culture, adults often straight up take care of their parents. My relationship with my parents is fine, and I don’t give 2 shits if they take a few hundred dollars from a shared account.

But again, it depends on your relationship, and how much you need the money.

For me personally I kept my card with my parents on it (until I closed the account he I hated Wells Fargo) but I opened a separate card that is solely for me. They use to randomly send me money without asking with cute notes like “go get lunch with your friends!” So it was nice to have while it lasted! I also held a gas credit card from them and still have it 15 years later because they have never been late and it’s my oldest card so increases my credit… I haven’t used it in a decade but it’s nice to have on my report

However if my parents ever TOOK money from me without asking or made late payments, I would not be on the same line as them.

Yes you need to actually get a new account at a different bank.

You may find these links helpful:

• 401(k) Fund Selection Guide
• 401(k) FAQs
• "How to handle $"

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175 * 0.11 / 12 = 1600 a month retirement savings.

1600 + 1700 = $3300.

I suggest

• lowering retirement contributions to the level needed to maximize employer match,

• pay off your debts, and

• then save more toward a down payment to reduce this ratio:

(mortgage payment including insurance and peppery taxes) / (Take home pay + retirement) to 25 percent

Yes that's kind of what I'm seeing I've got a spreadsheet with expenses. HOA, insurance etc. Comes out to around 1000 left over at the end of the month. How tight is too tight? Whats reasonable? Not looking to be house poor if I can help it.

Thank you

I had a student checking account with my savings on overdraft protect, so I personally never had either of those issues.

Up until I got a full-time after college, I only had a bank account connected with my mom. Once I started working I opened a new bank account with a different bank which became my primary account. I didn’t close the connected account but I would always keep a certain amount of money in it so my mom could take it from it whenever. She’d always let me know when she’d transfer and would always put money back in a few days later (though she didn’t have to do that). Maybe you could do something like that.

Also, it sounds like your parents need to learn how to budget.

Yes! You're describing a pattern of escalation. And if you have to tell them about it/ get them to sign something first, take all the money out before you let them know. Redirect your direct deposit to a different account if you have to. If you don't do this, it's pretty good odds they'll just take whatever they can, and the bank and police won't do anything about it because it's "their" account, too.

As a parent on a custodial account for kids who are now adults, I had to go into the bank and remove myself from the account. My adult child could not do it. However, my adult child could have removed all the money and moved it to another bank or account.

Get a new account at a new bank Make sure your "recovery questions" are not answers your parents know (add a extra word to the end or make up gibberish only you know) this is to prevent your parents from breaking into your account by knowing your mothers maidens name etc..

I currently save around 1000 per 2 week check. I've done a expense report in excel and I'd have around 1000 left over at the end of the month after the mortgage. This includes hoa, housing repairs, ( which should be near 0 because it's brand new.) .

Here's a link to the PF Wiki for helpful guides and information.

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I got a new Pixel 7 for free several months ago by trading in my old phone (Motorola G4 or something or other that I bought for $150 and had a street value of $5. The deal was literally, trade in any phone and get the Pixel 7.

So look at what your provider is offering in terms of deals and if you aren't super picky about having the latest and greatest features, you can get a very functional, useful phone for cheap to nothing.

I'm like you - I'd never pay $1,000 for a freaking phone.

I think lessons on how taxes and deductions affect income. Like I still can’t figure out how to fill a W-4 and dial that in.

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Thank you! I suppose the only nightmare situation would be if we were to lose our jobs AND the market tanked… But, you can't make decisions out of fear. I think a good compromise might be upping our emergency fund a bit just to be safe.

This is where the "But its free money" argument breaks down. Spending $3k on bullshit at 0% isn't 1worth it if you would have otherwise spent $1,200 on necessities and paid cash.

People overspend when they use credit - plain and simple.