Voluntary car surrender won't erase an $11,000 loan balance

u/citygorl6969 ▲ 104 upvotes 458 comments

It’s boring but you have a fully paid off great car. Money can keep going into investments. You’ll thank yourself later

A used 2026 at $38,000 sits just $6,000 under a new 2027, a gap thin enough that the depreciation rule everyone repeats stops deciding it for you. The 458-comment thread keeps circling back to the part that actually costs money, trading a paid-off car for a new note.

u/ItsRy4n_b ▲ 636 upvotes 116 comments

So it's really just Intel that's incompetent

A 45% revenue jump and near-doubled data center sales just answered the AI-overspending selloff that hit the stock days earlier. The thread's real lesson is in the trader who sold minutes before close: timing an earnings move is how gains get donated.

u/BlackBerryFairy1 ▲ 21 upvotes 97 comments

The truth is there is no 100% resentments proof plan. Everyone views things differently, and every situation is different. You won’t know until they’re all grown up what they’ll need. The hope is you raise your kids to be good people who care about each other and don’t concern themselves with fighting about who got what in terms of money. Focus on raising them well, and hopefully the rest follows.

A family with $12 million liquid wants to hand each child identical cash at fixed ages, and 97 commenters are pushing back that equal and fair are not the same thing. The planning trap worth noting: a fixed dollar gift at 23 buys far less for the youngest child than it did for the oldest.

u/Huge_Negotiation2918 ▲ 114 upvotes 114 comments

1. It's not a gift, it's a loan. The only gift part of it would be the imputed interest (assuming she's not charging you interest), which will be less than the reporting limit each year. 2. The annual exclusion is just a reporting threshold. Unless she expects to give out tens of millions of dollars over her lifetime, the only difference when you exceed it is a form.

A $67,000 family loan to wipe out student debt, and the poster is optimizing for the wrong rule: the annual exclusion is only a reporting threshold. The real risks are imputed interest and lending to an in-law before the wedding, so get the terms in writing.