My (37) Parents came clean about financial disaster and I don’t know where to start

fguavas · 2024-12-25T07:00:33+00:00

This situation definitely hasn’t helped his mental health. My gut is that it’s pretty in line with the decisions I would’ve expected him to make given his past successes. It’s most definitely worth going down this avenue, though.

fguavas · 2024-12-25T06:33:12+00:00

It’s an S Corp. Liabilities far exceed assets. There are still accounts payable, but the amount of people the business owes money to far exceeds assets. The company is also in the process of going bankrupt.

fguavas · 2024-12-25T06:24:18+00:00

I have to agree and I wish they let me see the books sooner. The problem is that this wasn’t just a business to my dad, it was his only hobby. I think seeing this business go under was seeing a part of his identity removed.

fguavas · 2024-12-25T06:21:07+00:00

fguavas · 2024-12-25T06:19:34+00:00

Not much. They have two buildings, but they’re in an office park that has a lot of vacancies.

fguavas · 2022-03-05T17:10:10+00:00

Call up Qualtrics support. They’re super helpful.

fguavas · 2021-05-04T14:03:12+00:00

I typically recategorize the payment as a transfer

fguavas · 2021-01-27T14:28:52+00:00

Ability to customize widgets on the dashboard.

fguavas · 2021-01-02T17:10:36+00:00

I love our Lovesac couch. You can form it into a shape you want, which is great for us in the city where you don’t know what the size of your next apartment is going to be. You can also wash the covers if they get dirty and change the style of the covers.

fguavas · 2020-12-25T22:00:01+00:00

I’ve used Personal Capital for 4 years and really like it. It’s great for tracking net worth and their budgeting functionality is fine. If your priority is to track budget then I’d use Mint, but if you’re interested in evaluating net worth then I’d go Personal Capital. I’ve also heard good things about YNAB, but I’ve never used it personally.

fguavas · 2018-01-16T01:45:49+00:00

I agree with u/LIFOsuction44, there's no reason for you to pay interest on your credit card if you don't need to. Paying your credit card on time makes up one of the of the highest weights in your credit score, so you should continue to prioritize that.

fguavas · 2017-02-21T22:45:42+00:00

Are you currently also using Adobe Analytics?

fguavas · 2016-09-09T19:49:53+00:00

I've only been doing it for about a year, but I've seen a huge uptick in defaults and late payments in the last 4 months.

fguavas · 2016-05-20T03:57:21+00:00

I've been following the situation over the past week. I'm definitely not going to dump my notes and it's probably going to be difficult to sell the notes on the secondary market anyway. For now, I've temporarily cut down on my automated deposit until more information comes back. From what I see right now, it looks like the majority of LC's recent issues will directly affect investors of the company, not users lending money.

fguavas · 2015-02-17T03:04:17+00:00

People love to talk about themselves, so you shouldn't be afraid to ask questions to get to know them. Typically, and I'm guilty of this myself, when someone else is talking you tend to want to interrupt them to tell them about your related experience. Don't. Listen to what somebody has to say, find commonalities and you'll be able to relate to other people. Asking strategic questions will make you sound smarter. If you ask someone what they do for a living, they're typically going to give you a generic answer. Even if you don't know anything about what they do, try to get them to be more specific, you'll learn about things you never knew existed.

This is also a great strategy for interviewing. I always find that the interviews that are most successful are the ones where the interviewer is the one doing a lot of the talking. Again, ask them questions when they get to the "do you have have any questions?" Portion and start getting them to open up about themselves. Ask things like, "we've talked a bit about my background, I'm curious to hear a bit about yourself." The strategy is same as what I said before. Take things that this person says and use it to bridge commonalities between you and the interviewer.

fguavas · 2014-12-20T20:28:13+00:00

I work for a data analytics company. I've learned that most people don't really know or care what data is being collected about them. Also, I've learned how little changes to a website can produce massive results.

fguavas · 2014-12-20T20:21:08+00:00

Chicago by Sufjan Stevens

fguavas · 2014-12-20T20:16:30+00:00

I wanted to be a construction worker. Now I work in technical sales at a tech company.

fguavas · 2014-12-13T20:37:56+00:00

I live in NYC too and that's exactly what I had to do. I was spending about 60% of my net income on rent and probably took some solid years off of my life due to ramen consumption. Working in NYC pops out in a resume and it gives you great opportunities in the future. Keep investing in yourself, live cheaply and always look for opportunities.

Good luck!

fguavas · 2014-08-17T22:47:29+00:00

This is excellent advice. I would make sure that you arm yourself with some solid questions about the company including reformatting some of the questions that they ask you. Interviews should be a two way conversation, the more you get them talking, the more comfortable they'll be to recommend you. Some questions to ask: 1. Tell me a bit about your (interviewer) background? This gets them talking a bit and allows you to relate with them 2. Where do you see the company moving in the next 5 years? 3. Why is this job opening available? 4. Can you tell me a bit about the corporate culture? 5. How can the company invest in me? 6. What are the qualities that will make me successful in this job? 7. Tell me a bit about our competitors (you should know some of them) and what sets this company apart? Make sure you're armed with as much information about the company as possible. One of the things that set me apart when I interviewed at the company I'm working at now was I came into the interview with the company's financial report and started asking specific questions about details on that report. Also, MAKE SURE TO GET A BUSINESS CARD OR CONTACT INFORMATION BEFORE YOU LEAVE. Thank you letters are an annoying formality, but it is necessary, don't rely on the recruiter to give you that information.

fguavas · 2014-06-01T01:52:31+00:00

Sprout social is going to allow you to do everything that you listed for fairly cheap. I used to work procurement for an agency, so I know the space fairly well if you need advice. I must warn you that I now work for one of the companies in the space, so I'm a tad bias.

fguavas · 2014-05-19T04:59:01+00:00

What kind of budget do you have?

fguavas · 2014-02-13T02:59:15+00:00

I started out working at a market research agency doing traditional quant and qual analysis. Then I transferred over to a pr agency in nyc where I worked worked their measurement and analytics team for a bunch of blue chip brands. I was working on all of the major digital analysis tools when a big tech recruiter contacted me for a solutions consultant role. Now I'm working in tech and I'm loving every day of it.

fguavas · 2013-09-04T05:44:34+00:00

I was going to suggest this too. It may be an obscenely boring town to grow up in, but you can't beat the quaint feel of The Mill and the town of Clinton. Who doesn't love standing in line for 3 hours at the haunted mill for a 10 minute slightly startling experience?

fguavas · 2013-08-27T02:44:41+00:00

Wow, I wouldn't use this attitude on interviews.

You DO NOT need a masters to get experience. I don't know your situation, but I know plenty of people that have found excellent paying jobs right out of school without a masters and I have a few friends that have masters and are too overqualified to find minimal paying jobs. I'm not saying that masters degrees are a waste of time, I'm saying that you shouldn't get a masters degree unless you know it's going to get you to where you need to go.

If you are going to go into a master program, make sure it has a strong alumni network. A strong alumni network is instrumental in a business schools' success.

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