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bitchesgetriches · 7 months

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{ MASTERPOST } Everything You Need to Know about Saving Money and Being Frugal

We’re all in this together. Don’t give up.

On food and groceries:

How to Shop for Groceries like a Boss

Why Name Brand Products Are Beneath You: The Honor and Glory of Buying Generic

If You Don’t Eat Leftovers I Don’t Even Want to Know You

You Are above Bottled Water, You Elegant Land Mermaid

You Should Learn To Cook. Here’s Why.

On entertainment and socializing:

The Frugal Introvert’s Guide to the Weekend

7 Totally Reasonable Ways To Save Money on Cheap Entertainment

Take Pride in Being a Cheap Date

The Library Is a Magical Place and You Should Fucking Go There

Your Library Lets You Stream Audiobooks and eBooks FOR FREEEEEEE!

What’s the Effect of Social Media on Your Finances?

You Won’t Regret Your Frugal 20s

On health:

How to Pay Hospital Bills When You’re Flat Broke

Run With Me if You Want to Save: How Exercising Will Save You Money

Our Master List of 100% Free Mental Health Self-Care Tactics

Why You Probably Don’t Need That Gym Membership

How to Get DIRT CHEAP Pet Medication, Without a Prescription

On other big expenses:

Businesses Will Happily Give You HUGE Discounts if You Ask This Magic Question

Understand the Hidden Costs of Travel and Avoid Them Like the Plague

Other People’s Weddings Don’t Have to Make You Broke

You Deserve Cheap, Fake Jewelry… Just Like Coco Chanel

3 Times I Was Damn Grateful for My Emergency Fund (and Side Income)

When (and How) to Try Refinancing or Consolidating Student Loans

The Real Story of How I Paid Off My Mortgage Early in 4 Years

Season 2, Episode 2: “I’m Not Ready to Buy a House—But How Do I *Get Ready* to Get Ready?”

The Most Impactful Financial Decision I’ve Ever Made… and Why I Don’t Recommend It

On buying secondhand and trading:

Almost Everything Can Be Purchased Secondhand

I Am a Craigslist Samurai and so Can You: How to Sell Used Stuff Online

The Delicate Art of the Friend Trade

On giving gifts and charitable donations:

How Can I Tame My Family’s Crazy Gift-Giving Expectations?

In Defense of Shameless Regifting

Make Sure Your Donations Have the Biggest Impact by Ruthlessly Judging Charities

The Anti-Consumerist Gift Guide: I Have No Gift to Bring, Pa Rum Pa Pum Pum

How to Spot a Charitable Scam

Ask the Bitches: How Do I Say “No” When a Loved One Asks for Money… Again?

On resisting temptation:

How to Insulate Yourself From Advertisements

Making Decisions Under Stress: The Siren Song of Chocolate Cake

The Magically Frugal Power of Patience

6 Proven Tactics for Avoiding Emotional Impulse Spending

On minimalism and buying less:

Don’t Spend Money on Shit You Don’t Like, Fool

Everything I Know About Minimalism I Learned from the Zombie Apocalypse

Slay Your Financial Vampires

The Subscription Box Craze and the Mindlessness of Wasteful Spending

On saving money:

How To Start Small by Saving Small

Not Every Savings Account Is Created Equal

The Unexpected Benefits (and Downsides) of Money Challenges

Budgets Don’t Work for Everyone—Try the Spending Tracker System Instead

From HYSAs to CDs, Here’s How to Level Up Your Financial Savings

Season 2, Episode 10: “Which Is Smarter: Getting a Loan? or Saving up to Pay Cash?”

The Magic of Unclaimed Property: How I Made $1,900 in 10 Minutes by Being a Disorganized Mess

We will periodically update this list with newer articles. And by “periodically” I mean “when we remember that it’s something we forgot to do for four months.”

Bitches Get Riches: setting realistic expectations since 2017!

Start saving right heckin’ now!

If you want to start small with your savings, consider signing up for an Acorns account! They round up your every purchase to the nearest dollar and save and invest the change for you. We like them so much we’ve generously allowed them to sponsor us with this affiliate link:

Start investing today with Acorns

#frugal #saving money #personal finance #money tips #financial tips #financial literacy #financial freedom #money #debt #money management #how to save money

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lupincentral · 4 months

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The 2023 Japanese Kabuki stage play based on the works of Lupin III is coming to home video in Japan!

Due to release on August 7th 2024, the show will be coming to both DVD and Blu-ray format disc complete with full English subtitles! Also included on the disc are bonus videos, including an interview with both the shows script writer (Kataoka Ainosuke VI) and director (Kazuhisa Tobe). Those pre-ordering the set can also receive five exclusive post cards, art cards, and a sleeve case.

The Blu-ray will retail at around 13,200 ($80) Japanese yen, while the DVD will go on sale for around 10,560 ($67) yen. If you live abroad and are looking at ordering yourself a copy, you may want to check local import websites, such as CD Japan, for easier ordering - just beware customs charges and additional import costs.

If the physical set is a little too out of your price range, the play is getting an additional live-streaming event on the 11th of August 2024, which kicks off at 9pm JST. Just like the physical release, the streamed version will include English subtitles. Tickets are on sale for the price of 4,000 yen ($25~) with an additional 200 yen on top for those overseas (around a dollar extra).

Once finished, an archive of the stream will be available to watch for seven days, finishing on the 18th of August, 2024.

For more details, read our full news article:

#lupin iii #lupin the 3rd #lupin the third #anime #lupin #manga #monkey punch #lupin the iii #lupin 3rd #lupin sansei

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femmefatalevibe · 2 years

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Femme Fatale Guide: How To Master Your Money & Tips On Financial Literacy

Understanding and taking control of your finances improves your quality of life in many ways. Making strides toward better financial literacy can save you a lot of stress, unnecessary fees and helps you play a more active role in taking control over this aspect of adulthood. Once you understand the game of money, saving, and investing, it becomes infinitely simpler to devise a plan to set yourself up for a more financially-free future. Here are some practical tips to keep your finances streamlined, secure, and systemized to help you gain more financial literacy and win in this area of life.

Overview:

Track Your Income & Expenses

Set Financial Goals & Realistic Limitations

Invest Higher-Quality Items To Save Later

Educate Yourself On Different Types of Banking & Investment Accounts

Establish Credit, But Know Yourself

Create An Emergency Fund

Leverage Credit Card Benefits

Understand The Power of A Roth IRA (or Backdoor Roth IRA) & HSA

Automate Whenever Possible

Get Familiar With Taxes & Write-offs

Stay Informed About Employer Benefits

Purchase Seasonally & With Discount Codes (When Available)

Protect Yourself

Read Books

Seek Expert Advice

TIPS ON MASTERING FINANCIAL LITERACY:

Track Your Income & Expenses: Always have a record of all of the money going in and out of your accounts. Use the tool on your banking account app(s) to confirm your monthly income and expenses. Tools like Mint also are great to track your spending to see where every dollar is going all in one place. Aside from personal use, for small business owners, Quickbooks is my favorite invoicing and expense-tracking option.

Set Financial Goals & Realistic Limitations: Once you know your exact monthly income, budget your essentials, savings, investments, and fun money accordingly. Make sure necessities like rent, food, health insurance, electricity, WiFi, toiletries, etc. are accounted for before anything else. Depending on your financial situation, experts (not me – I try to educate myself as best as I can, but am no expert!) recommend trying to save and invest between 15-30% of your pre-tax income. Give yourself the liberty to spend the rest (say 15-20%) of your income, so you don’t feel deprived and stay on track with your goals.

Invest Higher-Quality Items To Save Later: Initially purchasing a higher-quality item often cuts your overall expenses in a certain area over the long run. (Ex: Well-made clothing, shoes, furniture, kitchen appliances, coffee maker, hair dryer, etc.). If you invest upfront on an item you regularly use, there’s a lower chance that it will deteriorate, rip, break, or otherwise become unusable for the next few years. When you opt for the cheaper option, this practice might save you a few bucks in the short term, but you will probably end up having to replace it a few times over time and spend more in the long run. This tip might seem counterintuitive to some, but it truly does save you a lot of money (and frustration). However, I will place a caveat here and say that this advice comes from a place of privilege. Never purchase something you can’t afford. If you have the means, spend a bit more upfront - it is better for your future wallet, allows you to indulge in a better quality of life, and helps you let go of any scarcity mindset/financial limiting beliefs.

Educate Yourself On The Different Types of Banking & Investment Accounts: Know the differences between and the use purpose of different accounts: Checking, Savings, CDs, 401K, Roth IRA, HSA, etc. Always opt for a high-yield savings account option to help preserve your money’s value over time with rising living costs and inflation.

Establish Credit, But Know Yourself: Your credit score is like your adult report card. It’s essential for so many aspects of life, like renting or buying a home, insurance, cell phone plans, etc., so it’s important to start building your credit as early as you can. However, if you know you’re the type of person to overspend with a credit card, look into secured credit card options (you deposit the money that acts as a credit limit, so it’s like a debit card with credit-building benefits).

Create An Emergency Fund: Pay yourself first. Have between 3-12 months of expenses available in a high-yield savings account at all times. If you have a family or are self-employed, aim for 6-12 months of necessary savings to stay sane. Saving this amount of money takes time. Be patient, and cut back on frivolous expenses if needed for the short term.

Leverage Credit Card Benefits: If you have enough self-control, always use a credit card instead of a debit card – but spend in the same way you would as though the money is coming directly out of your bank account. This gives you additional flight and other purchasing perks, such as cashback and exclusive discounts. Using a credit card provides additional security, too.

Understand The Power of A Roth IRA (or Backdoor Roth IRA, depending on your income) & HSA: Compound interest is your best friend financially. Depending on your income, invest as much as you can into a Roth IRA account or set up a backdoor Roth IRA through your brokerage firm (I use Vanguard!). HSA (Health Saving Accounts) accounts offer so many benefits – they can serve as a tax write-off, lower your overall healthcare costs, and be leveraged to use as an additional retirement investment account, too (I use Fidelity).

Automate Whenever Possible: Automate a portion of your paycheck to savings and your investments, so you never see this money. Pay yourself first before spending (on anything but necessities).

Get Familiar With Taxes & Write-offs: This mainly applies to anyone self-employed or a small business owner (been in the game for 5 years!). However, this point can also potentially be beneficial for students who can leverage an education credit for tax purposes. Explore all of your options to see what write-offs are available in your specific situation. Understand how your income and expenses influence your tax bracket. Investing in a CPA can save you a considerable amount of money and all of your sanity if you’re not a salaried employee. Look over the standardized section C document, and speak with a professional to help maximize your write-off potential (legally and honestly, of course). My CPA is my lifeline!

Stay Informed About Employer Benefits: Always maximize your 401K match (whatever percentage that is at your company), any wellness perks (like a gym membership or massage credit), or any meals and car services credits for late nights/work trips.

Purchase Seasonally & With Discount Codes (When Available): Try to purchase items off-season when you can (e.g. purchase classic winter closet staples in the summer when they’re on sale). Utilize plug-ins like Honey or Cently on your browser to have discount codes for any site readily available.

Protect Yourself: Stay on top of fraud alerts. Freeze your credit bureau accounts if necessary.

Read Books: Educate yourself on saving, investing, budgeting, building a business, etc. See the ‘Finance’ section of my Femme Fatale Booklist for some recommendations. I also love Graham Stephan’s Youtube channel – his videos are highly useful and practical for beginners in this life arena!

Seek Expert Advice: Use licensed professionals (CPAs, brokerage firms, your bank, etc.) as a resource, too, for your personal goals.

This is a lot to take in, so try to implement one action item (or a few) at a time, so you can work towards your goals without getting overwhelmed. Also, for reference, I’m in the United States, so all of these tips are focused on how the system works in my country - if you know of any international equivalents, feel free to drop them in the comments to guide others.

Hope this helps xx

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aropride · 1 year

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spotify's current price for premium in the US is $10.99/month, which is a dollar more than before they raised it for the first time recently. the average mcdonald big mac in america costs approximately $5.15. at the new price, you are losing the equivalent of 1 mcdonald big mac every 5 months, which is a tragic loss. however, if you cancel spotify premium, you will be gaining the equivalent of over 2 mcdonald big mac every month, or 25.6 mcdonald big mac per year.

you are a 14 year old tiktok user living in america. (no you're not, i know. we're playing pretend right now. come play in the sand with me. do you want to build a sandcastle). it just so happens that the 13th of april is your birthday, and you just had a birthday and got some birthday money. you've been getting really into [popular artist of ur choice], and you want to listen to them while you're on the bus to school, so you buy spotify premium. you start with the 3 month free trial and when it ends you remember how unbearable the ads are and renew your plan. you have this plan until you go to a four-year college, when you get the student plan. once you leave college, you split the family plan with 3 friends (you have 3 friends after leaving college, so you're already winning). you keep this for a year before becoming disillusioned with streaming services and cancelling your spotify premium plan for good.

in high school, you used spotify premium for 52 months, at $10.99 a month. in college, you used the spotify student premium plan for 48 months, at $5.99 a month. and before you began downloading music off the internet, you used the family plan for 12 months and paid one quarter of the price, $4.25. overall, you have spent $877.03 on spotify premium in less than a decade, not accounting for price changes. this is equivalent to over 170 mcdonald cheeseburger. if the average american eats fast food 1-3 times a week, and you mcdonald cheeseburger two times a week, that's 85 weeks of cheeseburger. 1.6 years of cheeseburger.

or let's say you're a tumblr user. you run a blog where you mainly post about various 80s and 90s rock musicians, and you enjoy listening to music. you've been thinking about getting spotify premium because you're using the free version and the ads are annoying. you figure even though it's $11/month, spotify premium is probably the better option.

a year of spotify costs you $131.88. five years is $659.40. a decade is $1318.80. 60 years is $7,912.80.

or maybe, you post about your desire for spotify premium and your tumblr mutuals immediately start keeling over and sobbing and writhing in pain. your friend stresses the importance of physical media and the fun of piracy, and you decide to believe them and you go to the nearest record store. the store i'm currently looking at online, which i won't say the name of because it's fairly regional, sells cds. most of them seem to be around $13 new or $8 used. you don't really care about buying things used as long as they work, so you tend to go for the used options, but you can be talked into a little treat every once in a while. you burn some CDs from your favorite popular artists, because you know they won't miss the $50 you just saved yourself, and then every month you buy yourself a cd or two from the record store.

after a year, you've bought 13 used cds and 2 new ones for a total of $130. after five years, you've spent $650. after a decade, $1,300. and in sixty years, when you're in your elder years, you'll have spent a grand total of $7,800. but unlike in the alternate universe where you spent $7,912.80, you own all the music you bought (or burned onto CDs). you can pass things down to your grandkids/pet fish/guy down the street who's really into vintage technology who will be excited to inherit them. or over the years if you're less interested in an artist's music you can sell them and get (some of, if not all of) your money back. and when spotify takes your favorite artist's music down or when your phone suddenly breaks, you can still listen to your music. music that you paid for.

you're an american. will you buy cheeseburger and rock and roll disc as god intended, or will pay the devil $10.99 a month to steal your soul?

#text #all right there's my propaganda for the day #spotify hate tag

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notfinancialadvice · 2 years

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How I Built an Emergency Fund, inspiration I deeply hope is helpful

As the blog URL says, this is not financial advice. This is how I did this thing, and I am posting it here, publicly, in hopes that it helps you should you need this information.

In short: Remix this advice to what fits your life + do not sue me if this goes poorly for you. This is for Americans, if you do not live in America and/or your money is not in America, I hope this is a useful base.

None of these links are affiliate links.

I write these things as a mental shift. I like to ramble and I wish I had someone tell me this stuff 20+ years ago. I'm hoping this helps you.

This is an incredibly long post so I'm putting it under a KEEP READING.

This post goes over two stages: "short term + not life-or-death" and "long term + actual life or death"

Part 01: SHORT TERM + NOT LIFE-OR-DEATH FUND

You need to find a high yield savings account that is FDIC insured. Ally is a popular bank for this.

Functionally, the only difference between a "high yield savings account" and "savings account" from the giant conglomerate bank down the street is the interest rate.

I do not know why non-high-yield savings accounts exist. I'm guessing because legally they can, and I hate it.

Moving away from my personal socioeconomic views to return to advice.

"FDIC insured" is not something you pay for. It is nearly universal on savings accounts. If a savings account, or a checking account, does NOT have it, then you should not put your money there. Something is wrong with that bank.

FDIC means if your bank goes out of business, your account is insured up to $250,000, per account, by the government. So if your bank goes out of business, the government makes sure you still have your cash (up to $250k).

A high-yield savings account means your cash is available whenever you need it.

Other products, like CDs, exist, but this ramble is designed to be as simple and starter as possible. Begin with a high yield savings account, build up from there as you do your own research + compare this to your needs.

Do not accept an account that has minimum balances. Do not open an account with monthly fees.

Touch this account as little as possible.

For every $1 you put in, every month, a few pennies will materialize. It's not much, but the main point is at every level, your money works for you.

Rich people do this. You can too.

Touch this account as little as possible.

You can have multiple savings accounts.

I personally have a savings account in the above structure designed for "oh hell I am kinda screwed, but will be okay, just need a buffer."

"How much should I have in there?" you might ask. Common advice says "3-6 months expenses" which is a lot. I say "start with literally $1 and continue as you can until comfortable with what is possible, for you, at this time."

Will $1 make you rich? No.

Will it save your life in a bad situation? Probably not.

Does this $1 essentially become a tiny robot that is making you money for as long as it is docked into its cargo bay? ...weird metaphor but we'll go with it, sure.

Ultimately is it a start? Yes.

You can have multiple savings accounts. You can have a savings account "this is for short term emergencies" and "this is for... slightly less short term" etc.

It costs you nothing to have multiple. They all operate in the same way. It's handy to have them all at the same bank because it can make transferring cash easier.

Part 02: LONG TERM + ACTUAL LIFE-OR-DEATH FUND WITH RISK SO BE CAREFUL

Once you have your savings account set up, and it's being funded on a regular basis (every week, every paycheck, every month, every quarter -- whatever works for you), look into creating a second, bigger, more dangerous-term cash reserve.

I like my Roth IRA. This is a link to a proper finance blog that has a lot of details. I am trying to make this handy/simple to get started.

401ks and (non-Roth) IRAs are funded with pre-tax dollars, frequently in conjunction with your job.

Normally, cash goes from job -> government takes a slice -> you.

Pre-tax retirement accounts, cash goes from job -> retirement takes the percentage you decide -> government takes a slice of what is left -> you

Roth IRAs, job -> government takes a slice -> you -> Roth IRA

The benefit to pre-tax retirement accounts being, because the cash going in is pre-tax, there is more of it.

It can grow faster in the stock market or other places your particular fund allows you to put cash into.

The taxes come out when you withdraw -- usually retirement -- because if you withdraw before you retire, you are heavily penalized with extra fees.

That's why Part 02 is a ROTH IRA. Your money has already been taxed -- job -> government's slice -> you -> Roth IRA.

This means the money is yours, already taxed. If you withdraw the gains, those get taxed, but the base, that's yours.

If you invest $100 and it grows to $105, you can withdraw $100 without paying fees or taxes. If you withdraw that extra $5, that is when taxes start to come into play. If you withdraw $100, and leave the $5, the $5 continues to grow, and that extra growth is taxed if withdrawn. So try not to touch it (ideally you leave all of it until retirement).

This is why this is an emergency, life-or-death only, account. You tap it only when you need to when all other choices are wretched and ruinous.

There is an annual limit as to how much money you can put into a Roth IRA (several thousand bucks).

You can start them very small. Like $20 or maybe less.

Look for a bank or institution that does not charge fees to open and maintain one.

AT EVERY STEP YOU SHOULD BE AVOIDING FEES

Here are smart people talking about ideas on how to get started.

Okay, so, what do we do now with this fancy roth thing.

Here is where things get... uncomfortable.

A Roth IRA is an account type.

You need to do something with your money.

The reason you have this in addition to, and secondary to, your high-yield savings account is because this is an investment vehicle, the balance is going to go up and down, and may reach $0.00.

For my Roth IRA, I like "exchange traded funds" -- ETFs.

There are a lot of options -- you can invest in most anything

Because my Roth IRA is built for "help me I'm dying" emergencies, I invest in a mix of S&P 500 index funds and small-cap funds.

SO MANY WORDS.

Let's break this down what this means.

S&P 500 index funds: This is an index fund of giant, giant, giant companies.

An index fund is like a stock. But instead of a single company, it tracks (owns shares of) an index -- like the DOW or Nasdaq. Or countries. Or... the entire market for oil. Etc.

The metaphor isn't completely accurate, but I like to think of it as "an index fund is a company that owns tiny bits of other companies."

Like, okay, say you have SlimeIndexFund and a share price is $40.

In this example, SlimeIndexFund owns $10 worth of "BardCo" and $10 of "ThiefCo" and $10 of "MermaidCo" and $10 of "EvilCo".

Let's say EvilCo does a lot of evil and is now worth $15, and MermaidCo does a lot of mermaid stuff and is now worth $15, and BardCo sings out of tune so is now worth $5. ThiefCo is oddly at the same $10 but we're scared so we're leaving ThiefCo to stay at $10.

A share in SlimeIndexFund is now worth $45. ($5 BardCo + $10 ThiefCo + $15 EvilCo + $15 MermaidCo)

This is diversification

Because I bought an index fund, instead of just buying BardCo, my risk is less.

Had I bought all MermaidCo, my return would be higher -- but this is a much bigger risk.

The entire purpose of this set up of a Roth IRA is TO MINIMIZE RISK.

Your Roth IRA should allow you to buy "fractional shares" and if it doesn't fuck that bank, go somewhere that does.

In the above example, SlimeIndexFund is $40/share and at that price you are getting the full benefit of 1 share.

Let's say you have $10.

You buy a fractional share of SlimeIndexFund for $10, which is 25% of 1 share.

So when SlimeIndexFund shares raise from $40 -> $45, your fractional share goes from $10 -> $12.50.

Not all funds and stock shares (etc) have fractional shares, most do.

It's a great way to start and build.

Small-cap funds: These operate in literally the same way. The difference is the companies are (in comparison) much smaller. They tend to be more nimble.

So I am diversifying between "here is a fund, it has a lot of large companies" and "here is a fund, it has a lot of small companies."

Let's say Big Office Building real estate goes down, but the sale of Small Company Making waffles goes up. This mixes together and I'm less in danger of losing money, or losing much money.

You can pick individual stocks.

The reason it is not recommended, by nearly everyone, is because the market has incredible tools and power over individual stocks.

By using any kind of fund that bundles things together, you are thereby automatically using these tools by proxy

It is critical to understand this is the stock market. Your account will go up and down. It may go down A LOT, like 25%, and take years to recover. Maybe it goes down 100% to literally $0.00.

That's why this is the LAST RESORT EMERGENCY FUND.

So why are we doing this.

This feels... wrong?

The potential for growth is significantly higher than a savings account. Adjusted for inflation, somewhere in between 6-7%.

At this rate, if you can leave your initial deposit alone for somewhere between 10 - 13 years, it has doubled.

This equation recalculates every time you make a deposit. So if you can deposit $20 every pay check, it has the potential to grow very quickly.

As above, this is the stock market, so it can also get wiped out.

But given the stock market has historically always recovered, though it may take several years, the risk is worth it to me + a lot of other people.

The reason this is built as a last-resort cash bucket is because of this risk. Before moving into this arena, you should have other cash buckets as a buffer.

Your RISK is it goes down. Which it will frequently.

Your REWARD is if it goes up. Which historically it has far more than it went down.

The PURPOSE of using funds as described above is so you don't have try to guess who the next Amazon is and wind up picking the next Pets.com (which went out of business, like, a long... long time ago).

The people making the funds figure out who is Amazon and who is Pets.com and work, day and night, to make your money grow and/or protect it when outside influences are hurting the market.

They are incredibly equipped to do this and their literal livelihood is on the line when they do it poorly.

Which is a polite way of saying, they are continuously incentivized above all else to work for the fund you're investing in.

The reason you're doing this in a Roth IRA specifically is you're hoping to keep as much of it intact, as possible, until you retire, at which point -- if you've followed fairly simple rules -- you withdraw the base and gains tax-free.

Whereas money in a normal stock account? Those gains are taxable every year.

"I have literally $20 I can save per pay check! Can I put in $15 into a high-yield savings account and $5 into a Roth IRA to get started?!"

Yes!

Also, congrats! You're diversifying already!

Your Roth IRA broker should allow you to invest a minimum of $1 at a time, and buy fractional shares. If they don't, don't sign up with them!

Lean heavily into your high-yield savings account until that is very comfortable and thick, then push money into the Roth IRA.

Your goal is to build a system that works for you -- both literally (money working for you) and emotionally ("this is comfortable")

"Should I pay off debt before proceeding? A lot of people say to pay off excess debt first."

This is up to you.

Most financial blogs etc. do say "focus on paying off debt first" -- it's good advice, your returns are risk-free and permanent, since the lower your debt is, the less you have to pay over time.

Interest -- working for you or against you -- is continuous and eternal.

Personally, I like to diversify everything, so I not-financial-advice ramble "do all three -- pay down debt, throw a little cash into a high-yield savings, throw a little cash into a Roth IRA"

The problem with "pay off debt first" is that it misses out any occasional giant gains the stock market makes (Roth IRA) and introduces the risk of "I have paid this credit card on time for 5 years, I'm short on change for 3 months due to a situation that gets resolved quickly, and now I have a late payment fee, and a higher interest rate."

Look at your life, finances, and potential future and make decisions!

And also:

Always be on the look out for deals with banks. Sign up bonuses, referral links from friends, etc. Think of it as a money sale.

If you are not comfortable with the idea of a Roth IRA hitting $0.00 potentially, do not do step 02. These are ideas, not directives.

All financial tools can be used for different purposes. All of them. Thus -- these are ideas, not directives.

I am listing a few examples of banks, funds, etc. These are not recommendations nor are they affiliate links. They are listed because I want to maximize your start on this path, but caution, in strongest possible terms, you must do your own research and figure out what makes sense for you.

There are a lot of nuances I am paving over for the sake of simplicity, which is why I am continually saying...

...c'mon say it with me...

...you must do your own research before continuing

Smart, free sites that cover this + a lot of other stuff:

NerdWallet

Bank Rate

One final note about Roth IRAs:

Robinhood currently is offering a 1% match on an IRA. Considering the strict limits of how much an IRA can intake per year, it's not much, but it doesn't cost you anything. Money on sale!

As a final note -- always feel comfortable asking people handling your money for help. They are working for you. Your money works FOR YOU.

If you are uncomfortable, leave, immediately, without concern.

At the retail level, there are hundreds of banks and financial institutions clamoring for your business. If someone makes you uncomfortable for not knowing something, or getting a term wrong, or asking "too many" questions -- go somewhere else.

It doesn't matter if your account is literally worth $20.

They are working for you.

This is a business transaction, and if they make you feel like your time isn't worth their business, I promise you there is someone else who will gladly take care of you.

I end with -- whenever someone is giving you financial advice, always ask why. It helps ensure they aren't scamming you, it's just a good business practice.

I like to ramble, it helps me mentally

I like to be useful, I want the world to be significantly more balanced in terms of who is doing okay

I like to write, this is all good practice for me in doing Various Other Things I do

I fucking hate predatory financial practices. I was gatekept out of financial literacy for decades and so every time I help someone else figure out how to set up their own life and protect themselves it is a giant "fuck you" to the systems and directly to the people who stood in my way.

#money #financial literacy #aging tumblr population #aging tumblr #build wealth #finances #money blog

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heyftinally · 4 months

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Hi there. I wanted to pick your brain about something. A critique I often see of Taylor is that she's greedy, which is something I would agree with. My issue is that her being an a-hole is often conflated with her being a capitalist, that's where my objection comes in. I'm the daughter of a bank manager, I studied economics, I've been investing my savings since I was a child, and I make more money than most people my age. Here's something I learned about making money, after you buy a nice home and a nice car, and have money stashed away in case your investments blow up in your face, any money you make above your monthly expenses, is actually money you never see. They're just numbers on a paper, they have no perceivable value in your life due to the fact that they'll never be spent. What I'm trying to explain is that I believe what makes rich people a-holes isn't that they're good at making money, but rather, that they don't give away/set up funds and allow others to benefit from that money. Taylor selling 10 different versions of the same album and crazy people buying them? Good for her. But Taylor not paying for Ana Clara's funeral and the parents asking for donations? That's what makes her an a-hole.

So, here's my hot take: yeah, her being obscenely wealthy is part of the problem.

1. Nobody needs to be a BILLIONAIRE. No one. They're inherently unethical. Whether you actually have that much cash in the bank or not is irrelevant. Taylor swift has two private jets that she uses like bicycles just because she can. That's unethical. Not only is it killing the planet needlessly, but the money spent on those could be better used being donated to those in need. Her fifty bazillion dollar outfits for tours don't need to cost as much as they do, especially when half the time they look like they're only worth about $100. She over spends just to flex how rich she is, and that money could be paying for the dinner of a needy family or getting a Palestinian family to refuge from the genocide instead of buying Taylor Swift a new shiny thing to flaunt.

2) the way she markets her music is absolutely an asshole move. She creates (often faux) scarcity with five different "limited edition" version of an album, then acts like they're all THE most incredible thing ever. She's convinced her fans that she's some kind of impossibly intelligent god that can only create perfection, and luers them into buying 5-10 copies of the exact same damn CD for not reason. That's predatory. Put the one singular bonus song on each CD all on one with five bonus songs and call it the deluxe edition or whatever like EVERY OTHER musician does. To do nothing but add a single different song is nothing short of greedy. Same with randomly releasing a single of Fortnight SOLELY to try and beat out Espresso on the charts. Everyone already has the album, WHY do they need a single with no other added extras? To stroke Taylor's over inflated ego?

An example of an ethical rich person is Abigail Disney, daughter of Roy Disney (Walt's brother). She donates exorbitant amounts of money to various charities, has started some of her own, and actively fights for more equality between economic brackets. She'll always have more money than she needs, much like Taylor. The difference is Abigail actively seeks to even the playing field - Taylor wants to be the queen bee on top.

#ask #anon #taylor swift critical #anti taylor swift

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sageistri · 5 months

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JJKs relentless need to insert themselves everywhere and comparing everything is never ending. Like lewsers really said with their full chest “not BAM becoming a million seller before RM” when that dog account was opened. Just see the levels they could drop - literally comparing IG followers of a damn dog account to actual album sales that cost money. Akgaes but his AKGAES in general, are the most insecure, mentally ill bunch I have seen. They must be the most shunned social rejects in real life because why do you have to over compensate so much? Is your IDOL so uninteresting to you that you have to start drawing parallels to anything? A pity!

With you on this, Sage. RM can get the most expensive promo schedule anyone has ever seen, but unless he gets a total of 8 combined tracks/covers into one song and over twenty remixes plus 6 months of CD restocks, he’s not gonna see the top 30 of anything. I see army tagging Geffen for CD restocks already lol it’s not even launch week. They have secured nearly 7 points so far from physical sales, that’s it. There’s also no iTunes preorder for his title or pre single? Which is something you can EASILY enable. So clearly the bar isn’t the same. The charts are mad right now too. The Kendrick Drake mess with the wild card that’s is Million Dollar Baby and Taylor in her third week and Sabrina with her sleeper hit, the charts are a bunch of absolute bangers. You need a good 150 points to even see the top 20. It would be great if all these people acting obtuse that decent promo guarantees great success start to see SEVEN for what it is: an industry plant song. There’s a reason his other solo songs haven’t seen one third of the success.

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sizzlingpatrolfox · 1 year

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Don't you think pjms theories are too much of a reach? I don't think the company is sabotaging Jimin or that Bang/Scooter hate Jimin. There's not enough evidence to affirm those things to me. The company is just inefficient, stupid and money hungry. They are in a position to give better support to Bts solo songs that are not tied to western producers, they just don't want to spend money because a bts solo has some degree of success guaranteed anyway.

I have stanned idols who sued their company, who shaded their company until they left. And Jimin doesn't do those things. He complained about the MVs, but that's about it. He looks happy, he jokes around with staff. To me he is not being mistreated, it just looks like it because they company is incompent.

No, I don't think everything is a reach. I don't think they particularly hate Jimin, it's not personal. It's just that Jimin wasn't who they were planning on investing in, and they had other things to prove and he unfortunately stepped in their way. I even think they would've done the same to any other member, of course not everyone has the star quality Jimin has.

They're not incompetent. You don't build a multi billion dollar company if you're incompetent, for god's sake. You're naive and everyone thinking the same is naive or playing dumb. A lot of what they did for Jungkook's promo they already did it for BTS as a group before; they actually did more for Jungkook than they even did for BTS. They've always known what to do, they just didn't do it for anyone else. And even if some things slipped out of their hands, fans have been tagging them and asking them to fix it and they never did. Even though they fixed everything people complained about regarding seven.

What do you mean to say, that from April to July they learned everything didn't learn in 10 years? Because that's the time between like crazy and seven; 3 months. How does that make sense? Even more, the moment Jungkook was in that studio booth, they were already planning everything for seven. So, did they learn everything between March 24th and April 7th?

All solo releases had a settled and agreed on budget by the company. I doubt the members get involved with numbers; it's the company who decides on the budget. But even knowing and understanding that, some things are hard to understand still.

Jimin didn't get 6 videos because it was "irrational" but rookie group new jeans got 6 videos. Jungkook is going to get at least 2 more when he releases his album, and I don't even have to talk about predictions but present day is enough: there's like 10 visualizers (I think it's more than that now because I keep getting the notifications) for this one single and those videos cost money too.

I get that the physical CDs that the fans have been asking for cost money, but here's the thing.. they were sold out in the first or second week. So they never planned on restocking anyways, they manufactured a certain amount that got sold out in the first week and they never restocked because they were never planning on manufacturing more. Now, Jungkook has a month worth of CDs stock, I heard that the they stocked 38k CDs a couple of days ago and I believe the first stock was 10k, and since then they've restocked like 4 times so I'm sure they're already around the 100k CDs sold. I would even bet you that if they run out of their initial stock, they will manufacture more CDs if necessary for this single.

The same is happening to other BTS releases, by the way. They've been sold out for months and they're only restocking for Jungkook. It wasn't an exaggeration when I said all the money the 7 have earned is solely going into Jungkook's career. I will keep saying that because it's a fact.

By not restocking those CDs, they're limiting their support for their own artists. But they're also limiting the support fans can give them, because how can they buy if the product is not available. And that is sabotage, no matter the reason behind.

You say "They are in a position to give better support to Bts solo songs that are not tied to western producers, they just don't want to" well exactly, and that is not incompetence. They just don't want to.

"Demand, impact" bla bla bla. If they were to restock 50k CDs of like crazy, they will sell all. And they know that. It's not that they're scared they'll manufacture and ship CDs and make no revenue; they know there's demand, they just don't want to do it.

Budget and money aside, there's still important things they could've done, important things they could still do that they don't need money for.

There's no need to for budget to combine a song's streams or let people know about change in a chart rules. The English and Korean versions were released combined, it gained streams the following two days simply because it's a good song, and it hit #1 on global. The day after it was #1, the numbers were split and thus affecting its chart position. It's almost like for three days it didn't matter but it mattered the moment it was #1, because that was the debut they had planned for a different member. Seven, of course, combined from the begining and still no problems.

Spotify customer service said the label was in charge of combining songs, that they could do it if the label asked. I wasn't sure if I believed them at first, because sometimes databases get messed up and also Spotify customer service is kinda bad. But for several reasons, one being that issue with Post Malone's song, and the other being scooter's attempt at changing the number of streams for seven after its debut, I believe them now and I'm sure that if hybe wanted to, they could.

They didn't need budget to let people know about the change in the chart rules. They didn't care to, they didn't want to announce it until Yoongi had a song out. I don't know if you remember, but this is how things played out:

-> like crazy predicted between #4 - #6 for the second week

-> announcement that 100k+ sales were deducted from the total sold that week

-> a couple of hours later: instagram posts about Jungkook "making history" with bangpd and scooter

-> bangpd on the cover of billboard magazine the next week

If you think all of that was a coincidence, you do you.

And they didn't need budget to let people know what happened to those 100k sales. They still haven't given any explanation on that.

Did they need budget to put like crazy on this is BTS playlist? Did they need to hear Jimin say he wants to be a giant popstar?

None of that has anything to do with personal aspirations the members might have and it has everything to do with management. And no, I don't believe they're incompetent.

I said this earlier this year and I still stand by it:

There is no doubt it was Jimin who decided for who long he'd promote and what activitites. Of course, I'm not ignoring that Yoongi's release was stepping on Jimin's tail, so I also think Jimin could've been somewhat obliged to cram everything into a few days because he knew Yoongi was next.

I know Jimin decided on the shows and performances he went to; Jimin always been tied emotionally to their Korean fans, and he's always respected and honored them; during the pandemic and for festa 2022 he mentioned several times wanting to do music shows. He's had a good relationship with Jimmy Fallon for years, he chose to go to his show because he likes him. I never expected Jimin to go to live lounge as well as I don't expect Jungkook to ever do a stage like set me free pt2 or even like crazy.

I could consider -I have considered- the option that everything was just bad luck or something and that after knowing it was possible to have such a debut like Jimin, hybe he wanted a piece of the cake and to seriously take credit for success like that, so they decided to go all out for JK (this is where personal aspirations come into play), making sure that everyone knew who were the people involved. Because everyone knows who's behind seven. Even Jungkook won't miss any opportunity to talk about receiving the song and being granted this chance. He literally said his life changed because they gave him this song.

I mean...

But there are two things that won't let me really commit to the possibility that all happened by chance; one being all the mediaplay around JK since early 2022. Two, and the most relevant to me it's that Jungkook seemingly never worked on his album. He said that he wasn't doing anything, that he had no plans, told people to not wait for him. I'm sure you know everything. It's not like they suddenly decided to give him a song and then a full english album, no. They've been planning this for a while, and he probably knew about the plans and that's why he wasn't really working on anything.

Maybe you're new to the fandom, but one of the years BTS went to the Grammys, I think it was 2020, a CEO went with them and he placed himself in every photo next to them. In one photo, he even moved Jungkook out of the center so he could be the center of the photo in the freaking red carpet.

That same man, along with BangPd would give interview after interview talking about how they know how to create the next BTS, because they allegedly have some kind of formula. Formula was the word they always used. Armys always got so mad about those statements, saying BTS can't be imitated and that BTS is what it is because of the members and not because of the company. Most armys who remember that, who read those interviews aren't in the fandom anymore. The people in the fandom now don't know, and don't care.

This whole thing, for more than a year, has reeked of the same ideology.

You know that they are fame and money hungry, yet don't consider the possibility that they might do everything they can to get exactly that.

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