Saving $13k on r/povertyfinance sparked more resentment than applause

u/nesolution007 ▲ 511 upvotes 131 comments

You are about to find out 🥭 is someone who makes history. And I say this as a bull and rip to my portfolio.

Texas hosts roughly a quarter of planned US data-center projects, so a political shift there puts the AI capex assumptions baked into 2026 earnings forecasts in play. The thread's real debate: whether a cooler AI trade sends money into the broad S&P names that have lagged all year.

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/Stock-Sea-4344 ▲ 106 upvotes 111 comments

As a mechanic $20k is a false number for total cost of repair, you need a second and third opinion. The cheapest thing you can do is find a mechanic that can fix it for less. Also, that particular combination of issues and mileage point to poor maintenance. That car would be fine if it was properly maintained.

Handing back a dead car does not kill the loan: the lender auctions it for scrap and chases the deficiency, plus repo and storage fees, with wage garnishment on the table. The thread's top answer is cheaper advice: get a second and third repair quote before trusting a single $20,000 estimate.

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.