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  • Showing only topics in ~life with the tag "finance.personal". Back to normal view / Search all groups
    1. I bought a house, now what?

      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 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?

      54 votes
    2. Is this the ennui all the kids are talking about? Angst? What's wrong with me.

      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...

      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?

      29 votes
    3. How do you assess your "market value" for a niche role?

      I'm in a fortunate position of being in a reasonably well compensated but very specialised role in the pharma industry, and after some recent layoffs have been casually surveying what other...

      I'm in a fortunate position of being in a reasonably well compensated but very specialised role in the pharma industry, and after some recent layoffs have been casually surveying what other opportunities might be out there.

      However, I'm really struggling to get a sense of my market value, as little to none of the salary info on e.g. Glassdoor or published surveys from recruitment bodies captures anything similar to my position.

      My compensation is way off published ranges I can find, so I don't know if I have "golden handcuffs" or if the data I am looking to is garbage.

      In effect, my position developed organically over a few years, and has bits of middle management as well as governance, project management and individual contributor work. I don't think there is even anyone within my organisation with a similar role, I have several responsibilities which normally you wouldn't concentrate under one individual if you were designing from the ground up.

      I'd be really interested if anyone has been in a similar position, or any recommendations to on how to benchmark yourself when it isn't obvious what you should be benchmarking against.

      18 votes
    4. With rising costs of just about everything, what are some frugal things you do to save some cash?

      I'm new to tildes and thought I'd start a topic about frugality, as it's something constantly on my mind. (hopefully ~life is the right place, apologies in advance if not!) I try to look at...

      I'm new to tildes and thought I'd start a topic about frugality, as it's something constantly on my mind. (hopefully ~life is the right place, apologies in advance if not!) I try to look at spending a few ways; cost, environmental impact, and time. The time is important, because some frugal tips take up so much time that they end up not being very frugal in the long run. So here are some of the things I've done or started doing in the past few years to try and bring our monthly budget down without giving up much.

      Started using Flipp, Ibotta and Flash Food.

      These three apps aren't going to save you a ton but enough to make a difference without much effort. Flipp uses your location to gather all the circular ads for stores near you so you can compare prices on items more efficiently. Ibotta is a rebate app that is quick and easy, just claim anything you might buy and once you hit 20 bucks you can redeem for gift cards or cash. The key is to only buy things if it ends up being cheaper than the option you normally buy, or stuff you buy already. Flash Food is a new favorite and isn't everywhere but can be really beneficial for produce particularly. Participating stores list items that are overstock or near expiration for significant discounts. You buy right on the app, and head to the the flash food station in the store to pick them up. Mine is by the self checkouts, there's a big freezer with the logo stationed there. They have huge produce boxes often for only 5 bucks! The assortment of goods will vary by store and time of day so I check every so often if I know I'll be near or going grocery shopping anyways.

      *If you don't have flash food, there's another called Too Good To Go, It's not in my area so I can't say how useful it is. However, it works similarly for stores but also includes restaurants.

      Switched to a double edged safety razor

      with a bit of practice, they are just as easy to use as a cartridge razor. The best part is after the initial cost they are CHEAP and you aren't throwing away plastic cartridges anymore.

      Vacuum Sealer and Deep Freezer

      I slept on a vacuum sealer for far too long, theses keep frozen goods better for so long without worry of freezer burn. Combine that with Flash Food, and you can really save without much effort.

      Switched to a Menstrual Cup

      I did this many years ago and never looked back. I will be upfront and say that it isn't going to be for everyone, we are all shaped different! However there are many more options for reusable products these days if a cup just doesn't work (discs, cloth pads, and period panties to name a few.) I have endometriosis and I'm a heavy bleeder so this has easily saved me thousands in disposable costs and worked better for me anyhow.

      Gardening

      This one is tough because it's easy to go over board with costs, but if you get creative with containers and boxes, buy loads of dirt instead of bags, and start from seed indoors and it can be a pretty cheap way to have fresh produce. Add in the vacuum sealer or canning and you can make it even more worth the time. To go with that, I collect rainwater. This is dependent on your local regs of course so find that out first!

      Instead of going out to dinner with friends, host pot lucks instead.

      This saves everyone money, you still get to see your buds and have a super nice meal. Throw in some board games and it's sure to be a good evening and only cost you the price of a dish.

      Rotate your streaming services and other subscriptions

      You can't watch them all at once, so why pay for them all the time? I'm sure they are all about to make it harder to share following in Netflix's footsteps so it's a good time to sit down and look at what you are paying for and what you are actually using. You'd be surprised how easy it is to shave off some costs.

      Eliminate single use items where you can

      I've already touched on this, but things like paper towels, paper plates, plastic storage bags etc add up if you are using them frequently. There are so many things that fill our landfills just for convenience and you are paying for the privilege! There are so many great reusable items these days, it's become more affordable for upfront costs. Coffee pods, makeup wipes, razors, swiffers, bottled water -- it's never ending and all cost more than their frugal alternatives. For instance, I drink tea and switched to a reusable diffuser and loose leaf as well as using an electric kettle instead of turning on the stove or microwave using much less energy and the used tea is good compost and breaks down faster than the bagged variety.

      Use your dishwasher

      It seems silly, and obviously not everyone has one, but a relatively newer dishwasher is going to use a lot less water than handwashing and it disinfects better.

      Feeling like you need that decor item? Try moving decor around instead

      You should be deep cleaning your home anyways, and if things feel stale and you are itching to spend try moving things around instead. You'll often find that you are just bored with the current layout of things. So while cleaning, switch it up!

      Keep inventory of your freezer

      Deep freezers are easy to lose things in, or forget are in there when you go shopping. I use a notes app shared with my husband with a list of stuff in the freezer so we don't buy things we already have and it's easier to figure out a meal at a glance at the list.

      At least try to fix or mend things instead of buying new

      It's certainly not feasible with some things anymore, and sometimes it ends up being more expensive but it never hurt to take a second look at something before rebuying. Mending clothing, buying a cheap part etc can save you some money and keep things out of the landfill.

      I'm excited to read any ideas you guys have. My next venture is going to be meal prepping, so any tips for that would be extra awesome!

      105 votes
    5. Has anyone used platforms like Fiverr to make a bit of extra money?

      In these lean COVID-19 times I feel like a lot of people are trying to make a bit of extra cash. I've been thinking about trying out some freelancing platform to market a few of my skills...

      In these lean COVID-19 times I feel like a lot of people are trying to make a bit of extra cash. I've been thinking about trying out some freelancing platform to market a few of my skills (apparently people pay for at least few things I do for fun?), and I was wondering what people who've used any of the main platforms think of them. I keep seeing conflicting stuff around the web.

      13 votes