Was a foolish for paying off my student loans in its entirety?

So I had hefty loans (>60k) that I was really hoping to have some sort of relief from but we all know how that went down. So after hemming and hawing for months, I closed my eyes, pinched my nose and paid it all off in one fell swoop this morning…. annihilating my savings account.

The upside is that now my wife and I only have her much much much lower loans to look at but I am 100% done with it. However, our savings account was cut by 60% but we still have an ok chunk. However, I feel like I made a huge mistake and cheated my family out of monetary safety net, even though it was a difficult decision my wife and I made together.

I just needed to get that off my chest and hope for some solace from those much more fluent in the economic language than I

Last Paycheck not deposited

For reference I live in Texas.

So, I quit my job last Tuesday because I got a call informing me that my mom was rushed to the ICU. I work in Dallas, she lives 4 hours away in Houston.

I was already fed up with the environment and this news just sent me over the edge. I had also already been applying to other places and start my new job in 2 weeks.

I didn’t give notice, it was as sudden for me as it was for anyone else. Returned my key and card and wrote and email explaining why I’d be leaving.

Today is our usual payday. No last paycheck was deposited. I was always paid via DD so naturally I’m worried.

I did have a $3k sign-on bonus that I’d be fully vested in after 1 year of working with them, which I didn’t (only about 10 months in). I assume they may be withholding my last check to repay that…is that legal?

I’ve called and emailed them several times and no answer. They also haven’t contacted me at all either.

How much, if any, of retirement savings can go toward purchasing real estate?

Hello! I’m 25 and not anywhere near retirement (shudder) but I’m trying to help my mom (65) by learning about retirement and helping her get a financial advisor.

She has roughly 2.5 mil saved in the market and she has always talked about having a retirement home on the water. I realize this is a huge oversimplification but I was wondering general advice on purchasing property/a home with retirement funds.

Is there a rule of thumb for how much to take/not take from savings? Is purchasing a home a good investment for my mom?

Thanks so much!

Should I use all my “profit” from home sale as down payment on new home?

This situation is still hypothetical at the moment as we haven’t decided if we’re going to do the move yet.

I may be moving to Virginia from New York in order to take care of my parents. This would result in a massive pay cut (although probably better qol). Currently I make around $300k with overtime. In VA I would be making about $120k (no chance of ot but I’m not complaining). Based on comps in my area, I have about 250-300k (maybe even more but don’t want to be too optimistic) in equity in my house. The homes we have looked at in VA around $400-550k. Would it be smarter to use all that equity as a down payment on a house in VA or to set some aside as investments or into my 2 yr olds 529? I can even get a 0 down VA loan if I wanted to but probably wouldn’t be able to afford that mortgage with the new salary. I would like to keep my mortgage payment as low as possible but certainly recognize i may be better off using some of that money elsewhere to work for me, but I’m just not really knowledgeable enough about that stuff to decide which is better or how to use it.

Aside from my current mortgage our only debt is 2 car notes totalling $1k/month. If it matters I max out my TSP and will have a pension of about $80-90k/yr after I retire at age 56 (mandatory retirement age in my job).

I think my bank account has been hacked

So like the title says I think my bank account has been hacked. Some days ago I saw that a transaction was pending but I thought it was a mistake and did nothing. Now, some days later I realize that my account was used to make a purchase in Asmodee UK, that was 1,15€ (about 1£), and I was charged international fees too. I’m super confused as I do not know what happened and what I need to do now, please help!

Company paid me more than they where supposed to

Company paid me 28 an hour instead of the 20 they’re supposed to. I started with them three weeks ago and figured they didn’t mean to pay me that but now theyve done it twice. Should I say something? The company has a lot of money and I don’t really feel bad but what are the legal implications?(NY)

Will paying 4 year old collections help my credit?

I’m 25, I had an elective surgery at 21 years old. On my credit report is $1000 bill for the anesthesiologist for my surgery. I do not have any other debts or anything else in collections. All I have is a credit card which I use the 30% suggested monthly and that’s it. Will paying off this bill actually help my credit?

Opening a credit card for someone else to use…is it a bad idea?

I live in the US and my parents do not, they visit often and shop online frequently and currently use my CC when they do (to avoid fees and exchange rates associated with using their own cards).

It’s become a little difficult to separate their transactions from mine so we can settle up each month, and for simplicity’s sake I was thinking about opening up a new CC in my name that is just for them to use.

Any obvious issues with this plan?

Sold car with outstanding finance still on my name

We purchased a car on finance 2.5 years ago. There was issues with it for months and the dealership said the only way we can get rid of it is sell the car. Few months ago we ran to some troubles and had to sell the car. Loan is currently on arrears and although we are trying to pay it off with what we can afford, the collection company has been calling us that they are outside and collecting it (no car outside the house). I’m stressed our and can’t focus on my new job that I started to help pay for the bills. What should I do?