Hey there, I’m looking for some real talk regarding taking out a loan. I’m pulling in about $2500 a month, living solo, and my rent and utilities eat up roughly $567 plus another $767 for groceries, clothes, and whatever else comes up. I've got my eye on a new ride that runs about $36667, which works out to a monthly payment of around $767 if I stretch it over five years. Honestly, looking at my take-home pay versus these expenses... would you guys actually pull the trigger on a loan like this?
Hey, So, it’s been about four months since I started my job, and I haven't picked a mandatory pension fund yet. Then, like two weeks ago, some guy calls my cell claiming he's from the IRS (?) telling me that by law I'm required to choose a fund. He goes on for ten minutes straight, and I just sat there like an idiot listening because I figured he was someone important. After his little lecture, he tells me my best bet is Citigroup and that I HAVE to fax over the confirmation from the IRS directly to his personal name and number. What kind of scam is this? Is this guy just hunting for a commission? To top it off, he keeps blowing up my phone with texts saying I have three days left, then two days, and he'll probably hit me up again tomorrow. Also, does anyone here know how Fidelity Investments handles the money if you don't pick anything? Thanks.