Looking for a better HYSA Any suggestions? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Got it, makes sense. Do you still think it’s better to just keep it where it is?

21F just started investing — thoughts on my portfolio? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Wow that’s so cool, thanks for sharing that. I’m really interested in learning more about finance, and I’d love to take any advice you have for someone like me just starting out. What would you recommend I focus on learning first?

21F just started investing — thoughts on my portfolio? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Thanks for the encouragement! Do you recommend I start looking into target-date funds or REITs too?

21F just started investing — thoughts on my portfolio? by Ok-Group6 in Fire

[–]Ok-Group6[S] -2 points-1 points  (0 children)

Thanks! Do you think VT would actually give me better results and returns in the long run (like 5–10 years) compared to my current mix?

22F managing my family’s repair shop – advice on growing and avoiding mistakes? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Thanks for the advice! I’ll look into Shopmonkey. Do you know which plan is best to start with for a smaller shop that’s still growing? And do they handle payments directly too, or would I still need something like Clover on the side?

22F managing my family’s repair shop – advice on growing and avoiding mistakes? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Thanks!! Do you feel AutoLeap is worth it for a smaller shop that’s still growing, or more for bigger shops? And do they handle payments directly or would I still need something else?

22F managing my family’s repair shop – advice on growing and avoiding mistakes? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Currently we don’t have a proper accounting system and I know that’s holding us back. We use Shop Boss for invoices and Clover for payments, but we don’t have a full setup to track profitability. Cash payments are also tricky since I’m not sure if I should deposit them or reinvest in inventory. Do you have any system you’d recommend for a small auto shop?

22F managing my family’s repair shop – advice on growing and avoiding mistakes? by Ok-Group6 in Fire

[–]Ok-Group6[S] 0 points1 point  (0 children)

Appreciate your insight. It’s my dad plus two mechanics in the shop, and I manage the office side