My (24) dad (54) was admitted to a hospital in Georgia on October 3 after suffering a severe stroke. He cannot move the right side of his body, and his doctors anticipate that he will need extensive rehabilitation. Since being admitted, he has also developed ARDS and pneumonia, which have prolonged his hospital stay. As of October 15, he is still intubated. He has no health insurance.

When he was first admitted, we spoke with a caseworker who explicitly advised us NOT to apply for Medicaid because she wanted us to pursue a charity bed. We were told that applying for Medicaid would prevent him from qualifying for the charity bed at a nice facility. Based on that information, we followed her guidance. Now, we have been told that the charity bed is no longer an option since he has been in the hospital longer than she anticipated and that we need to apply for Medicaid to cover his hospital bills. (They are really pushing us to fill this out ASAP)

I spoke with the caseworker again to say my dad cannot safely come him and our family does not have the resources to care for him. She ignored that and continued emphasizing that he could potentially receive an in-home nurse through Medicaid etc etc basically saying no to unsafe discharge and encouraging us to prepare to take him home. However, we are concerned that home health services would not be sufficient for his needs, especially given the severity of his stroke and his other medical complications.

Another point of confusion is that, from what we have been told by the caseworker, the Medicaid application for his hospital bills is different from the Medicaid coverage he would need for care after discharge. She is telling us to apply for Medicaid to cover his hospital stay, but she has not provided resources or assistance for applying for what we understand to be regular Medicaid that could potentially help with rehabilitation and We don’t know whether these are actually separate programs or whether applying for one affects eligibility for the other.

When I asked the caseworker to help us find rehabilitation facilities that accept Medicaid, she said there were none in Georgia. She also stated that she is not allowed to help patients who do not have insurance and that the hospital cannot do anything else for him. We are now trying to figure out our next steps before he is ready for discharge, which could be within the week. We really cannot afford to get him into the facility by ourselves
My questions are:

**1. How What happens if the hospital tries to discharge him?*\* Can the hospital discharge him to our family even though we have explained that we cannot care for him? What should we do if they attempt to discharge him without a safe plan

**2. Should I apply for Medicaid independently or insist that the hospital caseworker help us?*\* Given that we were initially told not to apply, have we lost any potential benefits or options? Is there a way to get Medicaid coverage for his hospital rehabilitation, if he qualifies?

**3. Is it true that the hospital cannot help us because he is uninsured?*\* I find it difficult to believe that the caseworker cannot assist with discharge planning or placement because he does not have insurance. Is there someone else at the hospital we should contact?

Hi 25 and hoping to retire earlier than 65. Most people here and the planning pages pretty much say to do the emergency fund, meet 401k match, HSA max, Roth IRA max thennn 401k max then brokerage.

I guess it all comes to everyone’s individual goals, but if hoping to retire early wouldn’t you want to contribute to your brokerage to have “free” money to move around?

Is there a benefit I’m missing? Maybe the Roth conversation ladder?

Currently making 115k in a HCOL, meeting my 401k match (contributing 11%, only need to contribute 6% to match), on track to max HSA (have a majority of it invested), maxed Roth IRA for the year (have maxed for the past three years), and just doing random small brokerage deposits.

Edit:
BIGGEST THANK YOU TO EVERYONE!! I know Google, YouTube, TikTok and whatever all exists but you guys have been so helpful. I want to retire probably at around 55 (nothing too crazy, but maybe that is crazy in the world we’re in now?). My 401k balance is around 78k, Roth IRA 36k, and brokerage 35k. Hoping for no major health emergencies but have my HSA at 26k. Looks like I have some new automating deposit breakdowns to do.

Thoughts?

Hello,

I am a Canadian student who has graduated from an American professional school and secured a job in the US. I've since secured a lease here and have been living here for the past two weeks in preparation for this position. However, like an idiot, I failed to perform my due diligence in ensuring I have all the documentation in time to apply for my work visa. Long story short, my diploma was sent to the wrong address, and I did not have it in time to prove my credentials for my work visa and subsequently must leave the country.

Without the visa, I can't work; without work, I can't stay in the US. I have already received ~$45k USD in advance/scholarship money from my job. Those funds are due immediately. I also have a personal line of credit I owe to a Canadian bank worth $100k which I am required to start paying back next month. To top it all off, I also will be unable to pay rent without the job (I will likely try to assign my lease if need be).

Feeling numb and lost. Hoping to find at least an inkling of guidance from someone who may have been in the same or similar position. Thanks.

Been saving for a car for many years and pulled the trigger 2 weeks ago. My dad convinced me to consider financing so that I would have money left over just in case of an emergency.

When we actually went to buy the car, they gave me an interest rate that was higher than I had planned on. I got 6.39% for 48 months. Bad timing on my part with interest rates going up, oops.

Now here I am: still with enough cash to pay off the car in full. I have a separate savings account that has 6 months of expenses set aside for emergencies, which I believe is plenty. I can pay the car off without touching this emergency fund at all.

There’s no penalty for early pay off in my contract. I calculated that with interest on the loan and my HYSA, this car would cost me over $4,500 more if I stick to the 48 month loan term. Am I missing something? Is there any reason not to just pay this off and be done with it?

Is one better than the other?

I’m inexperienced (and nervous!), so I’ve been procrastinating with moving money out of a regular savings account into either HYSA or CD? About $20,000.

Is one better than the other?

I have an emergency acct too $20000 in a different regular savings account

I’ve had many many setbacks and I’m older now (60) I can’t do high risk

I have a Roth vanguard account but only $30,000.

Thanks

I'm going through my Medicare options for next year and trying to decide if vision insurance is a smart choice. I wear glasses and get regular eye exams, but I don't need new frames every year.

VSP seems like a practical choice since it offers coverage for exams and helps with glasses, depending on the plan. I'm just not sure if the savings would make up for paying premiums every month. People with Medicare and separate vision coverage, have you saved enough on glasses and eye exams to justify the monthly premium? Seems like one of those expenses where the savings can go either way.

Hello all, so I’ve noticed that my pay at my remote/travel based job has been steadily increasing (same non manager job title) at a higher rate than what other companies are advertising for..

I am at 150k with 12% bonus.

However, I’m looking at job advertisement in my area and they are around 90-120k MAX…

My previous role (at a local company) I was at 125k AS A MANAGER where I managed a team of 5 all with pay from 70-105k…

How do I explain to myself and my wife that if I lose my job, it’s a 40-50k salary pay decrease…

Managing lifestyle creep is serious.

How do I manage this among myself and wife?

I’ve had this job for 3 years and avoided lifestyle creep by sending this money to the mortgage, however, we are in the market for a new car and payment terms are coming back to $1200-$1400/month!! Currently drive a 4Runner and a new replacement is $1250/month!!

TLDR: offer let has two amounts, the amounts are different because math is hard. Should they pay me more or pay me less?

So I’m a nurse practitioner working full time for a group that sees patients in nursing homes. We are paid based off an RVU model. If you don’t know what that is, I’ll explain below.

I work in PA the company is based in NJ

Also CPT code is a code that we put with each visit that tells the insurance company how much work we did, and what level they should reimburse us.

Our rate is set at 13$/RVU. That is listed in my offer letter. The exact language is “COMPENSATION
Clinical Work: Paid per CPT Code in accordance with our standard RVU rate schedule. The payment is $13.00 per RVU, broken down by CPT Code below.”

There is then a chart that shows the most common CPT codes, what the RVU value is, and then our compensation. However in that chart the compensation is actually set to reflect pay at $15, not the $13. Which is a HUGE difference.

Example.(I’ll just put moderate or high visit rather than the numbers to help make it look cleaner)

Moderate visit- RVU= 1.92
Compensation
@$13 my compensation = $24.96
@$15 it’s $28.80 (the dollar amount explicitly listed in the offer letter)

High visit - RVU= 2.8
@$13 my pay = $36.4
@ $15 it’s $42 (again, this is the dollar amount in the offer letter next to this code.)

It may not seem like a lot, but when you consider we are seeing 200+ people a pay period that adds up quick.

My friend also just got a job here as part-time and her offer letter has the exact same thing. They say they will pay $13 an RVU, then the chart shows all the CPT codes for mathed out at $15. But the paystub is actually paying you at $13.

I would assume that since there is a giant chart that shows an actual compensation amount, that would be the one they should have to reimburse me. But I would like to know if that is the case.

RVU, from what I can gather is an arbitrary number, that Medicare attaches to each visit code, and it is to reflect a distribution of compensation between the provider, the practice, and malpractice insurance. In the literally thousands of codes, it’s a way to breakup how much “effort” each role plays. With provider compensation usually being the highest. Because it is sent by Medicare, this is a fixed number and cannot be changed by the employer.

.

This is a long one, but the title sums it up.

I’m 28 with a decent job (recently promoted to $98.5k salary plus a small bonus of $1-2k each year) and currently live at home with mom and dad for free after 4+ years of living in a relatively affordable east coast city.

I didn’t prioritize saving over the last few years and I racked up a small amount of credit card debt that I have been able to pay off over the last 3 months of living at home.

I have $71k in total across my 401k, Roth IRA, and HSA. I contribute 8% to get my company match + a little extra in the Roth each paycheck, but I am not maxing it out.

I keep my main checking account pretty low and have a living expenses checking account with about $5k in it that will be used for an eventual move in the next 3-6 months. I direct deposit about $1800 per month into this account and am shooting for $10k before I move out.

My question is, would it be worth it to open a HYSA just for my small moving fund? I have a traditional savings account with my bank but I only have ~$2k in there. I feel like I could be doing more but the posts I see her about HYSAs usually mention larger emergency funds.

I’m not really at the point where I want to prioritize investing. I also have $29k in student loans that I will eventually have to start paying (I was on a SAVE plan until they ended it).

Budgeting tips are welcome as well, I see my peers that I know are in my income range putting down payments on houses and going on long lavish trips and wonder how we are all making the same paycheck work.

I peruse this sub for tips and usually end up feeling discouraged by how little I know and how many options there are.

Apologies again this was so long and all over the place.

Hello,

Recently I (21) received a really large sum of money due to my father's bankruptcy. I'm not 100% sure how this worked, as my dad has refused to explain this to me in detail, but from what I understood, since he wasn't making child support payments to my mom, some of the profit from his house being sized and sold to pay off his debts has been granted to me as a repayment of the missed child support.

The sum is in PLN, but comes out to around 65000 EUR or 71000 USD.

My question is, what exactly should I do with this? I know that this is a very big amount of money for someone my age to have, and that it could make my start in life much easier. My mom wants me to invest it, but I'm not sure how to do that properly or where to even start looking. Should I look into a savings account or look for a professional? So far it's been sitting in a bank account collecting dust, which I know is not good.

What should be my first steps?

EDIT: I didn't think to mention, but since multiple comments brought it up, I want to add that I don't have any debts. My university is free, I don't have a credit card and have some savings leftover from my gap year (very little though, as I used most of them for food/rent etc during uni).

I am a recent grad and started my first full time last month. I'm basically starting from scratch: $500 in my checking, 1k cash, and around 2k in my brokerage account just from putting spare change throughout the years. I learned about these investment/saving accounts around 2 months ago, so I'm very new to all this.

My salary is around 100k including bonus. My first year plans are to max out my Roth IRA (invest in VOO?), save 12-15k in my HYSA, around $250 per paycheck into my 401k, and investing about $500 a month in my brokerage. Also, I'm paying my parents around $500 a month bc I want to help them out. I don't have any other expenses other than my ~$300 credit card bill every month.

I'm looking to maximize my potential, so what should I be doing differently or is my plan solid? What would you do if you were in my position?

Starting October 17th LightStream is closed for good , they are discontinuing all new loan applications for all business partners and private individuals !!!

So I live in South America and make an above average salary, one I can live comfortable with.
After years of working shitty jobs and I finally found something I can do long term.

My mom died when I was a kid and after years and years im about to inherit 20K.

I’m good In tech and that’s what I do for work but I want to invest into something that can just passively generate income for me, I thought about etfs like SPMO, or to buy a plot of land and build a small house and rent it, but that’s about all the ideas I have besides maybe opening some high demand businesses like a barbershop ( had no idea about barbershops).

I know 20k is not much but all the other members of my family who inherited some type of money have basically burnt it all dumbly and I don’t want to be next.

A little bit about me. I just turned 51, recently a widow. My parents have also recently passed.

So I’m sitting on over 3 mil right now. My FP is suggesting that I put 1 mil into two funds that have guaranteed annuities.

I never thought I’d have this much money. I’m semi-retired with 2 kids in college and one in high school. We enjoyed an upper middle class adjacent lifestyle (I’m somewhat frugal) when my husband was here. I currently withdraw 10k a month to keep that lifestyle up. Some of that goes toward my two kids in college so they can graduate debt free. The oldest graduates in December, and my youngest gets about 2800 in social security payments for the next year and a half until he graduates from high school.

I have no debt besides about 250k on my mortgage. My rate is 2.75 percent so I pay the minimum every month.

I work part time so I have access to employer health insurance when cobra runs out in 2.5 years. And it keeps me busy.

Looking for thoughts on whether or not the guaranteed annuity is a good plan for the future.

I’ve not directly sought legal advise regarding my situation but after posting my story in another subreddit I have been directed here.

I inherited a substantial amount of money from my grandfather just over 10 years ago. It was an unexpected gift and other members of my family are not aware of how much I received. My only knowledge is that I inherited a much larger amount than others in my family.

I do have an FA but he manages mine and my partners money collectively. We have been together for 15 years but we are not married. I have not disclosed the entire amount I inherited to him and I would like to know if my money can be protected or if it is considered an asset gained during the course of our relationship.

I apologise if this is not the correct place to ask for advise.

Hi, does anyone participate in HYSA sign-up bonus chasing?

Since the federal reserve increased the interest rate, I've been hoping to capitalize on higher interest rates. Currently, I'm with SoFi and I'm getting 3.3% but would gladly jump ship if there is higher interest rates preferably with a SUB.

I have a just under $70k getting about $200 a month. Rough numbers.

I just started going back to school; I left at the beginning of junior year. I got a lot covered through fasfa, and I'm about to close on a house this semester. I've never had to take out a student loan. I always found a way to have a job at the school and get an employee discount. I'm so close to graduating that I just want a degree. I'm going part -time at school with a part- time job, but I want to get it over with and go full-time. But I know that's a lot to balance, including the fact that I'm about to have a whole mortgage. I'm considering taking out a private student loan. Is that crazy? I have this idea that I'll be able to cover my living expenses, aka my mortgage.

Edit: My partner and I got a mortgage with my part-time income and their full-time income.

I got my first car a few months ago. I did have the money to pay in full when I got it but im stupid and didn’t, not really sure what was going through my head. I didn’t realize how much extra I was going to pay in APR. But I decided I might as well pay it off now so I don’t pay even more in interest.

How exactly do I go about this? The lender im with has a payoff policy and no penalty. It says that I can do it through check, money gram, or through phone by providing my banking information. I want to do it through phone because it seems the easiest but also the sketchiest. I don’t really know what money gram is and I don’t want to wait to get checks and send it out.

How exactly do I go about this? Is there a way I can ask my bank to only authorize a certain amount of money to be withdrawn when the lender requests it? I have more than the payoff amount, and the lender is just sketchy in general and I don’t trust them. I’m so confused.

Mom is 81 and has a lifelong pension, dad is mid 80s, has no retirement but has rental income. They have social security income. We live in a HCOL area. I supplement their income by paying a good part of the rent.

With that, they have enough to break even but I suspect most months they come out a little behind (a few hundred at most) because they like to travel (modestly) and they use their means to support my intellectually disabled brother who lives across the country, taking out the grandkids, etc.

They sold a property they own a few years ago and are sitting on around ~200k in high yield savings. They also own a house across the country where my brother lives (selling not an option), have been trying to rent the upper half to no avail for a few months, and they have my dads rental property.

My mom has no uncontrolled health issues and longevity runs in her family. I wouldn’t be surprised if she made it to 90+. My dad, sadly, seems to be winding down in life.

What would you do with that 200k? Besides their property, it’s literally all they got. I know it’s losing to inflation in HYSA but considering their age I just wonder how much I should keep in cash. On the other hand, it would be nice if it was generating some income, especially since they’re already running negative.

We currently have $250k uninsured/underinsured coverage with our auto policy. I can increase it to $500k for an additional $130 a year.

I'm tempted. We have used uninsured/underinsured coverage three times in our driving history. Two were vehicle only, one was for bodily injury which was a big one.

I'm thinking that increasing this to $500k would not be a bad idea....

I really consider myself to be financially responsible, believe it or not. Exiting COVID, I had about $90,000 in savings. Due to extended unemployment, I got to the point where I have $16,500 in credit card debt. After 2.5 yrs unemployment, I liquidated $1,600 stock, and a Roth IRA about $10,000, since I was at the end of my savings.

I got a job 3 months ago, but consider myself underemployed, making $30 an hour this is a contract job. No possibility for overtime, but working in a situation where I have to work a lot of hours unpaid to meet the requirements. Short rant: colleagues agree we are all doing these hours for "free" because many of us were unemployed for a long time and are desperate for income. Also the longer you are unemployed the less likely you are to get another job, as there must be something wrong with you. And yes, I've been willing to take a job that paid less, but companies also hold THAT against you.

Moving on. This week the roof in my garage started leaking, GREAT. A couple of contractors came out and said it can't be patched; the condition is too bad. Quotes: $ 2,500- $ 5,000.

Last week bank actually called to tell me about a HELOC special they have right now but it's variable which scares me. Fixed rate 7.25.

Est. online is home worth $560-600K, currently owe $200K. Yes, I understand using my home to pay off debt isn't a great plan. However, the interest rate would be much lower than keeping it on the credit card. I don't know if I could even get approved for a new 0% credit card for $16,000 making $30. Credit rating 750, which breaks my hear, it was 810 3 yrs ago. I'm sure utilizing so much of my credit is part of my problem.

Should I look into a personal loan instead off the HELOC? Use my credit union or an online vendor. HELP.

Edit- It may not have been clear from my initial post. I'm thinking of taking out $20,000 in HELOC and doing both roof, and a plumbing project about $600, and paying off the credit card. I'm making more than the minimum payment but still paying a lot in non deductible interest.