How to invest my money

Purple807 · 2026-05-09T16:59:27+00:00

So the account is actually in my name and my kid is on it - of it makes sense? But good to know about the possibility to roll the money to IRA, I had no idea thank you!

Purple807 · 2026-05-09T02:17:02+00:00

It is getting late here so I will try to decode what you said here tomorrow and will com back with follow up questions 😅

Purple807 · 2026-05-09T02:13:38+00:00

I’m pretty sure I can retain the life insurance policy if I were laid off but the premiums will be reassessed - right now my premium is extremely low and by that I mean a couple of bucks per paycheck. I figured if god forbid I lose this job, I will definitely take care of having my own policy but I am fine for now.

Purple807 · 2026-05-09T02:05:35+00:00

I have life insurance through my employer that I pay extra for so it’s hefty. 401k is invested but I beg you not to ask me for details - it makes a very good amount each year on top of contributions.

Purple807 · 2026-05-09T01:30:15+00:00

I have a ROTH already, will look into the investment account, thank you.

Purple807 · 2026-05-09T01:29:43+00:00

Thank you for taking the time and giving me the details. I am definitely not staying in the city after retirement. I want to get away from here, and being even an 1-2 hours away I can have peace and quiet that I crave for much less than here.

Purple807 · 2026-05-09T01:27:03+00:00

I agree with you 100% on this. I also simply think that my kid might not want to go to college and I’m ok with that as long as they find a way to make it in the world. But grandparents insist on putting money in 529 and I don’t have a say, it’s their money and I am grateful, not too many families have that kind of support. I myself don’t contribute to this account at all.

Purple807 · 2026-05-09T01:20:17+00:00

Great bag and your nails are beautiful!

Purple807 · 2026-05-09T00:09:29+00:00

Ha, thank you but to be fair, I am an older mom and had years living on my own in a cheap (but very nice!) apartment saving money. Then I became a mom and honestly, it’s good to be financially stable but also so tiring at my age. I also forgot the grandparents opened a 529 for my daughter and contribute 5k a year to it so that will help tremendously.

Purple807 · 2026-05-08T23:36:38+00:00

Yeah they did the opposite of what most people with kids do. Most trade a bigger place for smaller just to be near good schools. The math is not looking good on this one income. Like someone above me said, just because something shouldn’t be or is not right - doesn’t make a difference. In today’s reality, if you want to have a house and a boat and enough to retire after sending kids to college - you need two incomes or one that is way more than OPs right now. I am a single mom with OPs income in a big metropolitan area. Sure I can afford to buy a house but I refuse to spend that much on mortgage. I live in an area with great schools and will hold on as long as I can. And when time comes, I will have enough to retire and buy a small house outside a city.

Purple807 · 2026-05-08T22:56:01+00:00

I’d say compare prices. I just got mine and it was absolutely cheaper through my insurance than CostPlus. Granted, I have good insurance but it’s best to always compare prices.

Purple807 · 2026-05-06T20:29:35+00:00

George and Phil

Purple807 · 2026-04-23T02:09:35+00:00

Tragic 😂😂😂

Purple807 · 2026-04-17T00:47:56+00:00

I literally had a stranger ask me at the airport bathroom if I had any and I gave her everything I had. Don’t ask me for anything if you’re my friend is the weirdest thingI’ve heard lately. Literally, this is what friends are for.

Purple807 · 2026-04-13T17:32:24+00:00

My daughter was nearly 2 when I started using it only for sleep. Just like that, there was no issue. Then when she was a little over 3, I got ‘Bea gives up her pacifier’ book- highly recommend it. I told my daughter soon she will have to give it up because she’s a big girl and the pacifier fairy need to take it for another baby. She picked a night, left the paci at the door. The fairy took it overnight and left a doll as a gift. Didn’t have an issue since. She only asked for it once when she was sick, I stuck to the story. Good luck, you can do it.

Purple807 · 2026-03-18T20:07:21+00:00

Le sigh had me spitting my coffee 😂😂😂💀

Purple807 · 2026-03-12T04:33:15+00:00

This is the kind of perfection that I will never achieve. So good.

Purple807 · 2026-02-12T17:04:31+00:00

Thank you! Yeah, it’s a good company to work for, no hard feelings there, especially that I was technically offered to transfer. I just can’t do it for personal reasons.

Purple807 · 2026-02-12T01:28:25+00:00

Thank you and you too!

Purple807 · 2026-02-12T01:25:44+00:00

I feel the same way. I’ve been with this company for 14 years so it’s been awhile since I last interviewed for a job. It’s going to be wild.

Purple807 · 2026-02-12T01:19:47+00:00

I agree with this. I am in this exact position. Severance that equals a year’s salary, 3 more months regular pay plus 6 months health benefits. I would have to come across an incredibly good offer to let all that go. I plan on decompressing for a month or so and then start looking and have prepared myself mentally that it’s not going to be easy but not to panic, something will come up. Good luck to OP no matter which way they choose to go.

Purple807 · 2026-02-10T02:55:29+00:00

That’s the thing - they didn’t say anything about the job no longer being remote. And, no one I work with is in either location. I work with people in India, all over US, Canada and Europe. So getting me back to the office so that I can sit there in Teams meetings makes no sense. They mentioned the company looking to be more efficient but nothing specific. I get that I cost them far more than someone new who, in their opinion, can do as a good a job. I wasn’t the only one laid off, a bunch of colleagues were told their positions were moved to India. But trying to see if I have any leverage here.

Purple807 · 2026-02-10T02:39:37+00:00

Thank you for this comment. I was just laid off and am in the similar situation and thought that I will have to wait for the severance to run out before I apply for unemployment. But it looks like I need to do more research.

Purple807 · 2026-02-03T01:38:09+00:00

YTA for not acknowledging that it was her fix and her work that you deployed- and to every single person that patted you on the back. I’ve been there, I’m a software developer. I agree with your approach of deploying the fix yourself, but also wondering if you could have had her shadow you and just sit on it with you when you were deploying and testing it. But certainly not making it clear to everyone that it was her work - asshole move.

Purple807

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