Search found 7 matches

by MnyGrl
Fri May 19, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: How to stay on a budget?
Replies: 31
Views: 3143

Re: How to stay on a budget?

When I feel like my spending has gotten out of control, I do a "fiscal fast" for a month, spending only on needs. Even my kids get on board with it. It is amazing how much you can save. Using mint.com has helped me a lot as well - you can look at what you are spending on and tweak your bud...
by MnyGrl
Tue May 16, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 524

Re: Money market funds or other low risk funds - please help

OP here, thanks for all the replies. I was unaware that there were CDs available to invest in within IRAs. This money is the tip of the iceberg - I work in IT and have had a number of contract jobs with 401Ks and IRAs, so money is scattered around and I need to consolidate. This is the biggest chunk...
by MnyGrl
Tue May 16, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 524

Re: Money market funds or other low risk funds - please help

brother7 wrote:Where is your account now? At Vanguard or another institution?


It's at Fidelity.
by MnyGrl
Tue May 16, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 524

Re: Money market funds or other low risk funds - please help

Sorry, what I posted was confusing - this money is in a rollover IRA (split half of retirement funds from divorce).

So I can't withdraw it without incurring taxes - need to invest it within the IRA.
by MnyGrl
Tue May 16, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Money market funds or other low risk funds - please help
Replies: 12
Views: 524

Money market funds or other low risk funds - please help

I got divorced a while ago and put a chunk of money into one of my investment accounts - in a cash-like account. A year later I look more closely and realize that the money hasn't made one cent. Whoops. I could have stuck it in an Ally account and earned some interest at least. I have most of my mon...
by MnyGrl
Thu Apr 20, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2667

Re: I will pay off mortgage at 40. What next?

Check this webpage to prioritize investments after paying off mortgage: https://www.bogleheads.org/wiki/Prioritizing_investments You have 4 lovely kids so you need a lot of money (liquid assets excluding your primary house) to support your large family for the next 18 years. Agreed, are you plannin...
by MnyGrl
Thu Apr 20, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Calling for all the Moms: career and family.
Replies: 42
Views: 5420

Re: Calling for all the Moms: career and family.

Hi, I'm a working mom and also I'm divorced, so I'm the breadwinner by default (no alimony). I have two kids and make under 100K in a very HCOL area. My mortgage is about 50 percent of my take-home, but I have a lot of savings to fall back on if anything goes wrong. :happy I could be making more, bu...

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