I know most here are US-based, but I thought I'd give this a shot.

I've been running a pretty straightforward ETF portfolio through Ergo in Germany for a while now. Here's my current breakdown:

• 25% in iShares MSCI EM IMI ESG Screen UCITS ETF
• 25% in iShares MSCI Europe ESG Enhanced UCITS ETF
• 50% in iShares MSCI World SRI UCITS ETF EUR

I've recently freed up an extra €500 monthly that I'm looking to invest and am wondering if it would make sense to just bump up my monthly contribution from €1,000 to €1,500 while keeping the same allocation percentages, or should I consider doing something different with this extra cash?

For context, I've got my emergency fund covered (one year's expenses) and no debt to worry about.

I look forward to hearing your thoughts.

Tax time again!
I like to get this done as soon as possible to get it out of the way. I have all my tax documents at the ready, but several changes happened in my life last year (moved states, sold home, bought home, etc.) and the tax software I've been using over the last several years apparently "doesn't support" several of the tax forms (or even simply some of the boxes on the forms) I have for this year.

Trying to avoid the "Big Two" if possible.

I'm posting this in good faith, both out of curiosity and self interest. But up front I'll say that I'm not interested in scams, schemes, or get-rich-quick stuff.

I work full time as a teacher, but ever since we had a baby, my wife and I are just barely breaking even financially. Not struggling, but $4k/year would make a massive difference in our lives.

It seems like I'm stuck in this spot where getting a low wage job after school hours isn't even worth the time missed with my family, considering how awful the pay is. Summer work is tough because it has to justify the extra daycare expenses, and again, it's so much missed time with family for such a low reward. Higher paying gigs don't seem as interested in seasonal help from what I've encountered so far.

For the record, I'm not really interested in crypto or casino bonus schemes. I also don't have enough to invest right now to truly put investing over the edge into a meaningful return.

What are some low-risk/low-investment/low-reward side hustles?

I've tried before to get input on this, but online it doesn't go anywhere and IRL people don't seem to understand. Thought about putting it in the /~finance area, but I don't know that it's really a finance issue, plus things there seem to be wider-scale financial in focus. And there's no /~advice page, so here it is:

I feel like I should be making more money lol. Now immediately, that sounds greedy or either capitalistic/anticapitalistic, depending—I know it does, but hear me out. I have a great job that pays ok but not great, and tons of free time; in my mind, and if I'm being honest in my field, chasing a 5% raise is low ROI and low likelihood of even happening. There is little room for vertical movement, but enough security that it seems crazy to make any changes. Post-college, I have had a pretty varied career background, I am very good at editing, research, training, tech, etc. but I am not an "idea person" and I don't have a lot of marketability or self-promotion ability, it seems like (also no coding abilities, which is always a suggestion; I've tried, believe me, but my brain won't do it). I'd rather edit your book than write one of my own, not because I'm afraid of rejection or can't commit to doing something/run out of steam, but because the steam just isn't there.

I don't feel the need to change careers, but I am also feeling super unfulfilled. I've worked on doing things to try and fill that gap, hobbies/other pursuits/etc, but I am haunted by the fact that I am using such a small part of my bandwidth, when it seems like I could be outputting at 2x or 3x and earning similarly. I've applied for contract work, freelance, all that stuff, but it is spotty pay at best—what I want, short of a medieval patron/wealthy benefactor, is a second job I could do on top of this one. Which leads me to side-hustle-type rabbit holes on starting an Etsy shop/a YouTube channel/a Patreon page. But when it comes down to it, I don't actually feel any passion about doing any of those things, and I can't get a narrow enough niche figured out to even come up with a potential audience. I've avoided specializing because I wanted to do all kinds of things, and now I've done that, and I feel like maybe it was a mistake. I just want to have the resources available to do what I want. Bills are paid, life is good, but I feel like I am spinning my wheels: even writing this out is like a roller coaster of feeling shame that I'm not satisfied or that I'm ungrateful, then being frustrated I can't make it happen the way I want, on my own.

Because see, I didn't say I deserve more money; I want the opportunity to earn more money. There are a ton of things I would be perfectly happy doing for a living, or for a second job. And more money might not even help—if I was a trust fund baby I be in a similar situation. But what the fuck should I be doing then? I guess what I really want is for someone to say "Hey, I need this job done, I'll give you $XXk a year to do it" like it's 1980, and then I know I am serving a purpose? And I wouldn't feel guilty about time left over, because the job is Done. But part of me is afraid that, even if that somehow magically materialized, I would feel the exact same way I do now.

so what do tilderinos?

With the recent news about Synapse, I am a little on edge with the safety of my money. I am currently living in France for school, and am hoping to immigrate here permanently. All of my savings is in USD, so I need a way to easily and cheaply convert between USD and EUR, and be able to spend EUR locally. After a ton of research, I decided to move almost all of my banking to Wise. They don't offer traditional banking features like in-person branches or checks, but I didn't use those anyway. I can get a local bank number in any of the many countries they support. The savings account APY is insanely high (higher than I have seen from even the best high yield savings accounts. I have a debit card that allows me to spend directly from any one of my bank account currencies, and auto convert to other supported currencies. And the USD account is insured by FDIC passthrough insurance.

In the thread about the Synapse collapse, people were saying that passthrough FDIC insurance doesn't always mean that the customer's money is actually insured. And apparently some fintech services will just lie about what is covered by FDIC insurance. I am not a lawyer, and I have no idea how to validate Wise's claims about passthrough FDIC insurance.

I was recently able to open a France bank account, which was surprisingly difficult. (To open a bank account you need proof of address, like a cell phone or electricity bill. I don't pay for utilities in my school apartment, and to get a cell phone plan I need a bank account. That was fun to try and navigate.) I have these bank accounts currently: my Wise account with US USD, Belgium EUR, and UK GBP, a US Credit Union account, and a French EUR bank account. My US credit union and French banks give a very low or zero APY, so keeping my money in my Wise accounts is preferable for that reason. But I also can't afford to loose all my savings if Wise collapses. My question is this: Is Wise safe enough for general money storage, or should I use it just for converting between currencies and keeping a small amount for spending? If Wise isn't safe, what about another similar product? I have heard of Revolut, but I didn't do much research since Wise seemed better for my use case.

For many years, I’ve been relying on a budgeting system I came up with that leverages the unlimited free savings accounts offered by my credit union, and the scheduled transfer functionality in their online banking. I have a separate account for every recurring bill. I also have accounts for different types of expenses like groceries, car maintenance, clothing, travel, etc. Altogether I have about 50-60 accounts.

I am salaried so I get a predictable paycheck at predictable intervals. After every paycheck arrives, a flurry of scheduled transfers distribute the money among all the accounts. These accounts are my budget — if I go to the movie theater, for example, I’m not allowed to spend more than what’s in my Activites account. I rely heavily on my online banking app and often pull up the balances to see how much I have to work with. Most of my paycheck is allocated but there’s always a little bit left over in my checking account, which is used for discretionary spending and provides a little cushion if I need it.

Most of my bills are on auto-pay. I have scheduled transfers in place to move the money back into checking when it’s due, just in time for the payment to process.

This system works for me. I like how earmarking and separating out funds for specific purposes as soon as I get paid prevents me from spending that money on other things. I have some annual subscription renewals that I don’t even feel because I set aside a couple bucks every pay period and the money’s there when I need it. I like that this system doesn’t require complex paid software or tedious reconciliation processes. It’s admittedly a chore to make adjustments to anything because the online banking system wasn’t designed for this sort of workflow. Once it’s properly configured, everything is automated and it basically runs itself. I’ve added a couple supporting tools over the years: a spreadsheet to plan the whole budget before I create all the scheduled transfers, and a CLI script that projects upcoming balances for n years so I can optimize my biweekly allocation sizes for their corresponding monthly or annual payments.

I don’t know what to call this system. It’s similar to the old envelope method except I’m using actual bank accounts and never handling cash. I’ve heard that YNAB is similar but haven’t looked into that one. I can’t be the only one managing their money this way! Does this have a name? I’d love to hear resource recommendations for this sort of budget, and please share your own systems and tools as well!

I watched the video "Dirt-Cheap Solar Generator Setup - What Can It Power?" by Alex Beale yesterday. In the video, the presenter purchases a cheap solar panel and power bank for a total of $250 and tests household devices to see what kind of wattage it can take.

Turns out the cheap device can power most household objects. I'm curious if it's possible to try a similar setup to meaningfully cover my electricity usage on a day-to-day basis. Unlike the creator of this video, I don't have a yard. I'm exploring whether a solar solution could work with my constraints.

I wanted to share this idea with Tildes and hear any ideas/feedback/experiences from people who have tried something similar.

My goal

• Investigate whether it's feasible to save money with this setup
• If so, find a setup that I can use to power some or all of my household devices off-grid
• Pay less in electricity costs
• Be able to rely on my power bank when the building's power goes out

My current situation

• I live in an apartment in an urban area in the US northeast (southeastern Pennsylvania).
• I do NOT have a balcony (sadly).
• I have two south-facing windows and four west-facing windows (two of which get a LOT of light, two of which get a decent amount but not as much). However, my south-facing windows don't get direct sunlight most of the day since there is a building in the way (just a bit in the late afternoon).
• The dimensions of the windowsills are about 16 inches in depth and about 55 inches in width. That's enough for a small or medium-sized solar panel, but not most panels designed for outdoor use.
• I can open the windows all the way and it would be physically possible, in theory, to hang something outside rather than keeping it on the windowsill (we'll get into this...)
• I pay for all my electricity. The heat/air is central and inaccessible, as are a couple of the overhead lights (there are only a couple), but everything else could theoretically be replaced with energy from a power bank, I think.
• I already have a power purchase agreement with a renewable energy supplier. All my energy is "green" in the sense that I'm making it slightly more economically feasible to produce green energy.
• In a less expensive month, the bill might come to around $75. In an expensive month, it might come to around $350. If I heated the unit as much as I would like, it would be higher.
  • I'm pretty sure most of my electricity use is the heat/AC.
  • I'm pretty sure most of the remainder is the washer and dryer dishwasher, followed by the washer and dryer.
  • I spend some amount heating my water otherwise (shower, sinks), but I can't address that with a solar panel.
  • I wouldn't mind saving money on the rest if that's all that's feasible.

My power needs (I think)

• I don't know much power my oven uses. It's electric, which the internet says averages around 2500 W.
• My dishwasher runs at 120 V and 18.7 A. That is... uh... 2244 W. Also a lot.
• My dryer says 120 V on the machine, and if I look up the model number, it seems to be at 15 amps. So that's 1800 watts.
• My washing machine, uses....... IDK how many watts. No information on this thing exists. But it uses a 120 V outlet. The internet says an average washing machine could use up to 1400 W (sounds high, but okay).
• My computer has a 520 W power supply, but I doubt it ever uses that much. It's old and mostly runs Solitaire. Maybe one day I will get a fancy new machine that does like 1000 W.
• My fridge uses 115 V at 4.5 A. Let's pretend that's 120 V and say 540 W.
• I can't tell how many watts my TV uses, but the internet says it could be up to 200 W.

I would want a bit of breathing room with the rated wattage so that the power bank doesn't explode.

No way I can run all these devices simultaneously off the power bank, but perhaps I could time them. Even partial coverage could be adequate if it makes financial sense.

Possible spatial configurations

I see a few possibilities here:

1. Stick a bunch of solar panels in the windowsills, propped up at a suitable angle.
2. Stick the panel directly in the window like an air conditioner. In this case I would want to use a two-sided panel, since there would be some ambient light coming from the inside. This would inevitably reduce my home's energy efficiency, which I would have to account for.
3. Weld some sort of counterweight to a mounting system that I can use outside the window to perch the panel at an ideal angle. This would also reduce my home's energy efficiency, but maybe by less since the gap could be minimized. It is also probably illegal. And dangerous.
4. Just fill my living room with solar panels. I will need to have a conversation about that. But it could be done.

I think #1 is the only one that is actually reasonable. #2 would cost me too much in heating bills to make any sense. I think #3 would get me evicted or sued by the city. And #4 is unreasonable considering that I like to use my house to live in.

My budget

I would maybe spend $500-1000 on this if the payback period was a few years. Not more than 5 because panels by then will be a lot more efficient.

I guess I could spend more than that if it makes sense. I have good credit and a high credit limit. I don't make that much money but I could save for a bit or carry a balance for a bit. I think I would draw a hard line around $3000.

The power doesn't go out here too often, so that isn't the main selling point, more of a nice-to-have.

My research

I'm just looking on Amazon. I know I could maybe get something a little cheaper elsewhere. I'm searching for "power bank with solar panel".

• 4000+ W range: OUPES Mega 5 for $3300+ with panels (I think?). That's a lot of money for something that might not even work. And I don't believe it would be $3300, most other models I'm seeing are closer to $5000.
• 2200 W range: Jackery Explorer 2000 for $2500 with the 2 panels. Maybe this could cover my energy-intensive appliances, one at a time. Still expensive. The solar panels will... maybe fit in the window with about 1/2 inch to spare? I could angle them slightly if needed?
• 1800 W range: (maybe) Anker SOLIX C1000 for $800 with 1 panel. It also says 2400 W so idk what it is really. Can't determine the width of the solar panel.
• 1000 W range: EF ECOFlow River 2 for $700 with 1 panel. I am also not sure how big the panel is.
• 600 W range: SinKeu Portable Power Station for $230 with 1 panel.
• 300 W range: Marbero Solar Generator for $230 with 1 panel.

I'm discovering that these companies never specify the dimensions of the solar panels because they assume no one would ever use them indoors. Probably for good reason. If they don't fit horizontally, I guess I could stand them up lengthwise.

I'm sure it would be possible to find a cheaper solar panel separate from the power bank. But as a ballpark, those are my initial numbers.

Math

Imagine I spend $2500 on the 2200 W Jackery model, with 2 panels. I could put them in the two bright west-facing windows. Let's just pretend they can get their maximum output and that charging time isn't an issue.

Let's say I use this every time I run my oven, dryer, washer, or dishwasher (not at the same time), and otherwise I connect it to my fridge and most other electronics. (I know I said my oven could be 2500 W, but I usually just use one burner, and I bet that's more like 1500 W.) Let's pretend the hassle of running all those cables has been solved somehow.

I really don't know exactly what my electricity breakdown is. If I have the heat/AC mostly off and am not in the unit a whole lot (e.g. traveling for some of the month), that's when I end up with a $75/mo bill. But if I'm out of the unit, that means I'm also not using my dryer/washer and other devices as much. I guess the fridge was still on. The $350 side of things is because it's hot and I'm running the AC more, and maybe slightly higher dryer usage for some laundry-related reason. So maybe I'll say the minimum I'm spending on non-heat/AC electricity per month is $50-100, and at most maybe something like $150.

So in this super optimistic scenario, the portion of my monthly electricity bill I suspect I'd be able to theoretically save would be $50-150. Let's just say $100. That means it would take 25 months to pay back if all goes well. Honestly that's not so bad.

If I instead bought the 1000 W ECOFlow setup for $700, I could cover all my non-intensive electrical uses. The main beneficiary would be the refrigerator, the computer, and maybe the television. I think the savings there would be like $25-50/mo at most, being pretty generous. If I say $35, that would be about a 20-month payoff. That's also pretty good, but if it'll take about the same amount of time to pay for itself, I'd rather get the higher-wattage one.

Numerous caveats:

• It's not always sunny in Philadelphia.
• The panels will not be at 100% efficiency because the window is cloaked in shadow half the day, and there is no way I get the angle perfect, and maybe the glass affects how much energy they can absorb or something (would it help? hurt?). This isn't inherently an issue, except...
• ...that the charging time for the power station might be long. Some of the reviews say 6 hours in maximum sunlight, so for my use-case there's no way it would be faster than 12 hours for a full charge, and probably more. I use my appliances kind of a lot. The fridge is always running, and either the washer, dryer, oven, or dishwasher are running a pretty good chunk of the time. I think that I could get by with this... but I probably wouldn't be able to use it as much as I'd like (there are often moments where more than one is running simultaneously), so...
• ...the payoff time wouldn't actually be 25 months. I suspect there are some factors I'm not thinking about that would reduce the realistic amount of energy I'd save here. Let's say it is half as effective in my setup as a normal person's, because the sun is half as visible or something, and the charging time is too slow to use often, or whatever. At a 50-month payoff (4 years), I would start to get skeptical. But not inherently opposed.
• I use my windowsill for other things that like sunlight, like plants. I would have to move the plants that really love the sun somewhere slightly dimmer. Is it worth it???????
• I also like to look out my window, and if I had a huge solar panel there (especially if I had to stand it up vertically for space reasons), that would be a bummer perhaps.
• Constantly charging and discharging this thing probably reduces its effective wattage output fast. I.D.K. by how much. But there might be a point where I can't use it for my high-wattage devices, which would largely defeat the purpose of buying an expensive model. Not clear to me what the timeline for that would be.
• I still can't figure out if the panels would actually fit in my windowsill.
• Since it wouldn't be able to run more than one energy-intensive device simultaneously, I'd have to be careful not to keep it plugged in to too much stuff at once. It would overall be a bit of a hassle to plug in the panels and the charger and everything. Maybe the panels could stay plugged in, but even so.
• Running extension cords all over the house and putting a giant solar panel in even just one or two of the windows would result in a catastrophic domestic state of affairs. I can just imagine the eye-popping that would happen if I set that up unilaterally.

Takeaway

There is almost definitely something I am not considering. My math is so napkin-based, so imaginary and so optimistic.

But even if the practical efficiency isn't great, I feel like this could maybe possibly actually work, and could save me a bit of money. I would just have to spend it all up front. I mean I don't have $2500 on hand. But I could scrounge up part of it and put the rest on credit. And it would make for living room conversation with guests?

Realistically this seems like an amusing but too-annoying to actually do sort of project. If you know anyone who's done something silly like this and had it work, let me know! I'd be curious what their experience was.

Early last year, there were some rather heady predictions within my company about the potential/future of decentralized autonomous organizations. (That a DAO would be running a real company, that a DAO would play an important role in an election somewhere, etc.) They have not come true. From my perspective, the same generally seems to be the case for nearly all Web3 components.

That led me to wonder, though - are DAOs still a thing? Is there quiet potential there and the hype machine has simply moved on to LLMs... or was hype all there ever was?

Have any of you seen any actual uses of a DAO? I would love to hear about it if so.

So, I'm debating switching to a debit card for daily purchases, since the mental accounting gets confusing with a credit card and it's easier to overspend. The only thing holding me back is the fraud protection that comes with a credit card. Are there any (US) checking accounts/debit cards that match the level of protection you can expect from a credit card? Is such a thing possible?

It's 2024 if I remember correctly and budgeting is a fairly common practice. Companies are obsessed with data. Yet when I got to the store and buy a videogame, dap drywall joint compount, and 3 avocados the transactions is just the store and the amount. It'd be nice if I could track what I've been buying, categories them into entertainment, home improvement, and groceries respectively.

I'm guessing this information actually is tracked but is only used for marketing purposes. But I'm curious, does anyone have more information on why transactions can't at least optionally support extra metadata about what was actually bought?

I was wondering how people are currently dealing with inflation in everyday life. Since quite a while now, I found that I have fallen into a habit of excessively looking for discount deals for pretty much everything I buy. I feel pressured every day because prices have ballooned so much.

At first, I only refrained from buying "unnecessary" goods like unhealthy snacks, and instead just go for basic staples and vitamin-rich vegetables. Then I started to cut down on meat consumption due to the high prices, and forced myself to only buy meat that is put on discount at the end of the day as it's about to spoil. And now, I even do the same thing for regular staples like rice or potatoes. It feels imprisoning, distracting and depressing.

So I'm wondering, how are you dealing with inflation? Are you affected in a different way? Or not at all? Any advice on how I could realistically get out of this seemingly endlessly depressing spiral?

In case anyone's interested why I decided to post today: I saw McDonald's popping up in the news these days, as apparently customers don't go there anyone due to their price increases far beyond inflation since 2019. Then, I passed a McDonald's billboard today thst advertised 2 Big Mac Menus + a happy meal for a whopping 30 EUR. The regular prices used to be a fraction of that... Now it's apparently a good deal...

So we make about $100,000 combined, I make just shy of 70K and she makes about 30K.

Both states have programs for first time homebuyers, but our incomes together prohibit us from qualifying, whereas separately we both qualify.

Would it be considered fraud if I were to apply for one as myself, get the house in my name, but we both pay on it? I can't find anything on either page about it, but obviously we are not legally married.

Ugh. Scammers are everywhere, and I know I'm getting them in my inbox and junkmail, but I need a way to know who I am wasting my time on and who is a real client.

My current client doesn't seem to speak in the usual way (for example saying "you have replied to me perfectly" in response to me asking "Please let me know if this works for you or if you wish to negotiate"). They want to pay me via a cashier's check. I just now told them I only accept PayPal payments (that is what I've always used). Waiting for a response now.

So my question is, which of these would be the most secure method of payment to use over the internet, with strangers, where contact is via email?

PayPal
Wire transfer
Cashier's check
Other (write in comments)

I posted previously about looking for a house for my disabled partner and myself and after several stressful months we're closing on April 30th!

So, now what? I'm working on home insurance quotes, I have the money arranged for closing. We're in the "these issues need addressed" phase of the contract process (there are no smoke detectors in this house wtf) and the home inspection raised no dealbreakers. No radon or termites.

So what don't I know about? What new homeowner things do I need to be thinking about now? We plan to move in the latter half of May. Accessibility suggestions are also useful, we're going to have to add a small ramp inside (one step), move a cabinet in the kitchen and replace carpet in the master bedroom.

Thanks for all the advice last time, please give me more of it?

To start: I was taught in the 90s when I first entered the "internet" that "everything online is public. The End."
I still adhere to that. I am perhaps a bit overly cautious and whatnot, as I will forego convenience to have the feeling of privacy (though in some cases I believe it's just a smokescreen).

That being said, the main premise to my question is this: I have three cards with which I pay for things. I have a debit card which I use for most purchases, a credit card I use for large purchases I can't immediately cover with my bank account, and a credit card for two specific payments. Every December my company gifts all employees a $100 Visa gift card. I tend to splurge on things I'd rather not have show up in my bank account or credit card, because I feel my purchase habits are tracked (similar as to when I put in a local brewery into Waze... and yeah, I use Waze.)

And now to my actual question: is there a credit company, or a method of credit/debit card I can utilize that will not track/share/etc my personal or purchase info? I had never thought of this idea, aside from the gift cards which usually come with some form of caveat (you lose money on fees for a prepaid card, or you can lose your balance if not spent in a certain time frame, etc) until just now I guess. I found privacy.com which looks kind of legit, but ... I'm always skeptical to start.

All that being said, if you could offer any advice or thoughts on the matter, I would greatly appreciate it. Thanks!

(Edit: the original reason I ask this is because I was thinking that I use Discord a lot and would like to throw a few bucks their way and customize my profile or something "fun" like that, but I do not want them to have my info.)

Maybe everyone knows this, but I suspect not. For years, I've been using the points I earn on a Chase Freedom card directly on Amazon. I just found out today that I'm only getting 80% of the value. Redeeming 26,345 points at Amazon yields $210.76. Redeeming 26,345 points on the Chase website (for an Amazon gift card) yields $263.45.

The Chase Amazon Prime Visa does give 100% of value directly on Amazon's site.

I live in the EU. I recently applied for a credit card, and the banker asked me (about my job): "Is it a management role?"

I realized that it is a question I have been asked several times in the past by banks. I tried a cursory google & Reddit search, but I haven't found anyone being curious about this.

I'll try here then. Does anyone know why bankers ask this question? How does it matter? Are "individual contributors" seen as worse/riskier customers than managers?

I have my own informal, anecdotal opinion, but I'm hoping to hear some more informed answer.