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r/personalfinance

Head Gasket Blown - 7k left on loan for Chevy...

Asking for partner, Her head gasket is blown on her Chevy Sonic 2013 and the repair will most likely cost $3-4k and take a week worth of time. She financed the car 3 years ago through CarMax and has 7k left on the loan to pay off. My question is it worth it to repair this or is it better to trade it in for another used car? (Budget is $200-$300 per month). I am wondering since this same car also had a leaky radiator that she already payed for, and I am afraid of other issues popping up on what s
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2 comments

techfan421h ago

This is a really insightful piece. The data backs up what I've been seeing in the industry.

devops_sam45m ago

Agreed. Would love to see a follow-up with more recent numbers.

curious_reader2h ago

I'm not sure the conclusion holds for smaller teams. Would be interesting to see this broken down by company size.

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r/personalfinance

Father passed unexpectedly. My mom doesn’t...

My father had an accident and passed unexpectedly out of nowhere. He and my mom are both retired though he was running a consulting business. I don’t know what to do. I’m still processing the loss. But as we ask my mother more about his information to help settle things the more we find out she doesn’t really know anything. He did all of the banking and paid all of the bills and handled the investments. She doesn’t know where anything is outside of their joint bank accounts. Are there services t

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r/personalfinance

Almost accepted $500 after a car accident

got into a car accident a few months ago and didn’t seem serious, just some neck and back pain. when the insurance company called within 48 hours and offered $500 to close it. I almost took it thinking it was fair; but the pain didn’t go away . got worse, and after getting an MRI I found out I had a herniated disc. the $500 feltlike nothing, and now I’m realizing how close I was to making a bad financial decision by settling too early. still wondering if this kind of quick offer is normal or if

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r/personalfinance

Wise (formally Transferwise), safe?

Working with a freelancer in Italy, I’m in US. They are looking to use Wise to transfer the payment. The business seems like a legit small freelancer. No real reason to doubt their legitimacy. For my safety I asked about an option to pay smaller amounts for the service rather than all at once, that way if something was off and they ghost, I’m not losing any substantial money. I’m talking about maybe $50 at a time. They had no issue with that and even offered to take payment at the end, if I was

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