Lisa Rowan
lisatella
Personal finance writer. Author of "Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You" (Adams Media).
Jul 6
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I wish someone could sign my boyfriend up for this
For his own good, I mean, not because he’s always “borrowing” my quarters

Jul 2
2

At financial institutions (credit card application, for example), that’s not going to work because they do need to check your identity. Even at something like a doctor’s office, they may use your SSN to cross-check your insurance info. But that’s why it’s worth asking, because sometimes it is just a filing method Read more

Jul 2
1

It’s saver’s choice, and I definitely agree with you on trying to get the employer match if it’s available. If the debt has a lower interest rate (like say, a student loan you’ll be paying for what feels like eons), I think it makes sense to do both at once. If the debt is something more heft like a high-interest Read more

Jun 26
1

I used to have a bill that looked similar to that, and I cut it in half by switching to my provider’s prepaid plan. So your bill looks “right” for a postpaid plan but you could probably save if you switched to a prepaid option. Basically your postpaid provider doesn’t have a reason to lower your bill unless you say Read more

Jun 26
1

There’s really no catch - just a difference in how you pay your bill. With a prepaid plan you’re paying up front for service (say, you pay June 1 for June service), whereas postpaid plans bill you on July 1 for June’s service.

Paying up front means it’s easier to change your service level or even pause it for a while. Read more

Jun 26
1

It looks like that part is changing from the most recent version of the rule. I do see eight business hours listed here but the rule change indicates prescribers will have 40 business hours: “The Final Rule will also require prescribers to provide patients or their designated agents with an additional copy of their Read more

Jun 25
1

Now you know you can pull the “According to FTC regulations...” card next time!

Jun 25
3

If you go to another optical shop, they’ll measure that for you; if you order online, they’ll give you instructions for taking that measurement yourself. 

Jun 24
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The repayments will count as rollover contributions, according to the IRS FAQ. You’ll want to check with your plan administrator for any details specific to your account.

Jun 23
2

To my best understanding, yes—the part you paid back will be considered a loan from yourself that you’ve repaid, with the only real withdrawal being the outstanding $8,000.

Jun 23
3

Thank you so, so much for taking the time to leave that kind comment.

Jun 22
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I didn’t know it was one of YNAB’s steps until you brought it up here. Thanks for sharing!

Jun 18
2

Yes, if you’d rather break down your budget in two-week increments (or any other setup), go for it! Regardless of whether you set up your budget for the month or other segments, you’ll need to pay attention to which bills are due when and what sort of cash flow you’ll need to cover them. 

Jun 17
3

I’ve been open about my own struggles with debt in the past, so sure, I’ve felt guilty. Guilty I couldn’t fix my issues faster, guilty I couldn’t provide for others more, guilty I would never get ahead. But you can call it whatever you want. 

Jun 11
1

Getting comfortable with the numbers is definitely the first step- you can’t break things down into categories until you have a sense for what you need to be spending each month (vs. want to be spending). 

Jun 11
1

It’s not unheard of for an employer to pay the cost of employees’ health insurance premiums. It may be a dream for many, but it’s out there. However, since this scenario is for a hypothetical person, you may choose whatever circumstances you wish in reviewing the example.