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Trade school jobs regularly offer pay around that, medical field jobs not just doctors or nurses can be there. A good resource is www.bls.gov/oes/2023/may/oes_nat.htm and then narrowing it down from there

@@DebtTale Thank you very much

Sure I can add it to my list

This video is a few months old. But I will be back! Will post an update video on why the MIA and then hopefully start back up again in a few weeks

You need to contact the bank to see what their procedure and process is to initiate a wire recall. It sometimes can be reversed but not always. And if the money is received by the other account then the process is longer and will involve more work. Is the other person's account also in the US or in Mexico? International wires also make it a little more complicated.

@DebtTale their account is in mexico.. shouldn't the transaction be flagged since name and address doesn't match account number?

@@MrFerrill I have seen it gone both ways unfortunately. So I would still contact the bank in which you initiated the transfer and let them know. Most cases the wire transfer was rejected and the amount was refunded but it was a few days. In the two times it went through, it was a hassle unless the wrong receiver was helpful and trying to correct it with their own bank. Again talk to the bank. I have seen wire transfer forms that put the full responsibility on clients for accuracy.

@@DebtTale thank you very much

Good luck on getting it resolved and on the new property in Mexico!

Congrats that is an awesome sum of money for lots of people. Hopefully you got it for a good reason and not like an inheritance of a beloved family member or as the result of a lawsuit due to personal damage.

Depends on the bank and their policies if they will write you a new one and not charge you for it. If you know the payee you can also go with them when they go to cash it to explain the situation. If it is a minor typo in my experience most banks let it slide especially with verification it was an unintended spelling error. Hope that helps

I am glad to hear you are quick transfer times. With money being more digital than physical these days it is important access to it is as instantaneous as it can be. No one enjoys limited access to "their" money and causes a lot of anxiousness especially when bills are due.

Congrats on the car purchase! Glad to hear you found these videos helpful. If there is ever another personal finance topic or banking one you aren't sure about, let me know. Would be happy to add it to my list.

Thank you! They do still exist though harder to obtain and definitely uncommon. When I get wind that they are officially retired I will make a new video.

@@DebtTale Yes, it should be very rare. I had never heard of it until I took my Finance class recently.

Enjoy your finance class and if you already finished I hope you got a good grade!

American Express Travelers Checks. Don’t leave home without em!

Pretty sure that was a commercial slogan before my time haha! I just went down a rabbit hole of old commercials for the travelers check and they are interesting.

I haven't heard that in a long time, Thomas Cook went bankrupt a while ago. Travelex bought them over. Are you in the US or a different country?

Appreciate you watching some of my older stuff and commenting. Hope all is well and if you have questions let me know!

No problem 😊 Thanks for the view and the comment

Glad you think so!

You're welcome 😊

You are correct. CDs are a good vehicle for money you know for sure you won't need for X amount of years. So like saving for a wedding, a new car, braces for the kids, a down payment .etc. But you can't time an emergency. Having your emergency fund locked into a CD if you end up doing an early withdrawal you might have fees or lose the interest that was being accumulated. HYSA you can depending on the bank either access same day or within 3 business days. So the latter case, you could put it on a card and then pull the savings and pay it off immediately. Hope that helps!

That is how a lot of people handle emergencies, which isn't awful but can be expensive and cause personal issues. Owing money to friends or family can be annoying. Hopefully these tips help you out!

I am glad you found it helpful! Let me know if there are any other questions I might be able to answer.

Thanks! Let me know if there is anything else personal finance topic wise you would like me to cover.

👋🏽

Thank you!

Glad to hear past videos are still helpful! Anything else you would like me to cover?

Hi! 👋🏽

I don't know your specifics and mortgage type or programs to give you an answer. PMI is when your down payment was less than 20%. There are a few programs out there that have the potential for a HUD fee. Credit score just affects potential interest rate and for some programs the minimum requirement % for a down payment. Generally a lower score would have a higher minimum requirement to mitigate risk for the lender.

It will be added on my to do list. But quick summary ACH is limited to the United States and can both send and request money. Wire transfers are just for sending money and can be done internationally.

@@DebtTale thank you so much for your explanation 😊💐

Thank you for asking!

Thank you for watching!

Thanks for the suggestion! I will make a list of what I use but also will check out new things because I am sure there are new apps

@@DebtTale I appreciated 🙏🏻

You've returned! Haha welcome back. Hope the real world has been treating you well.

Yay! And yes, 2024 has been nuts. Everything keeps breaking this year. I hope your 2024 is only surprising in a good way! Thanks I will check out your channel as well. Love seeing more people being open about their numbers!

Not disagreeing with you. That is a major component of the banks profitability. They also purchase bonds, invest in stocks, and gain more in fees. The underwriting stats that they have statistically yields that they win more than lose. But for those who would not invest, at least they have an option for some growth.

Thank you! It has definitely been exciting getting my weekly updates and seeing how it is growing! I appreciate you watching, engaging and giving me more ideas to work on. I have the retirement basic series mapped and drafted after this one on insurance stuff.

Thank you for continuing to watch and engage with me in the comments. As always if there is anything you want me to cover let me know so I can add it to my list!

Thank you! Hoping others will join me in talking about their own money journeys.

Aww thank you! I subscribe to the idea that even though there are a ton of financial content creators out there, we each reach different people differently. Some will love, some will hate, but the important thing is that we'll inspire some to start. I don't care who helps people start caring about their finances, just that people start. And I know for sure there are people like me with student loans mostly and kids who want to be a good example for them while also not stressing too much. I appreciate you taking the time to watch, comment and post suggestions! So far I have a maybe on an advisor willing to be interviewed but a for sure yes on them reviewing my scripts for accuracy

So the Upfront premium goes to the FHA to be pooled with the others in case a homeowner defaults. The FHA posts monthly reports on loan performance and in general roughly 5% are past due 30 days, almost 2% 60 days and around 3% 90 days. The FHA allows for people to get a home without having to put down as much for a down payment, has more leniency with approval based on credit history, and is more flexible on debt to income ratios. While I understand the sentiment that you are screwed as a good borrower, it is the pooling of the money across everyone that allows the program to exist as it is. If you paid at least 10% down then MIP goes away after 11 years. Or you can refinance out into a conventional loan after you hit 20% equity.

I do not have a formal education in this. I have a master's in Psychology and behavioral analysis. My mom was a bank teller for a few years when I was a kid. I took an interest in personal finance when I was trying to get pregnant back in 2018-2019. Then my Dad when he passed (2021), I inherited a pile of personal finance books. Most recently just been networking and making friends with advisors, bankers, insurance brokers, mortgage lenders.etc. So life experience, what I have read in textbooks, personal finance books, and my wonderful friends who let me pick their brain. Hope that answers your question! I do have some certificates from Financial Coach Academy and I do plan on going back for a graduate certificate in financial psychology and behavioral finance.

Correction ETF’s 😂oops

No worries on the typo, I totally got what you meant. I do have those all as separate videos for an investment basic series. I don't have an exact timeline yet because I wanted to see if I could get a guest on. However who I have in mind for being a guest if they are camera shy, then I am going to ask to review my scripts. I will probably make a community post when I get more details and tag you. Thanks for watching and making suggestions!

Awesome! Thank you for your hard work and information! 😊

Semi details. Just remember the income I used was fake. Just trying to explain the basics because it changes yearly!

@@DebtTale oh, got it

If they are always paying and they are employees it means they did their exemptions wrong. If they are self-employed and owe, it is usually because they aren't paying throughout the year. There are calculators out there to help figure it all out or they can go to a tax professional to oversee their 1099/w2s and help figure out what to do for the next year. Wishing them luck!

lol

Hi there! So yes wire fraud is a thing. From my understanding of the present case it was multiple wires totalling 4.5 million. Generally there is a form that is filled out and with it supporting identification documents and questions. So it is possible that someone with access to another's information and ability to obtain a signature from them can do this. Wire fraud affects quite a few elderly people annually. In this case although he is not elderly, he could have been told false information and taken advantage of due to him not understanding what he was signing. He trusted this translator and from what it seems like these transfers were to a booking company for betting. Lots of people don't keep eyes on their accounts, especially those who can afford for others to take care of their finances.

But also could be just a blame game to hide things. I obviously do not know him. I am sure they will do multiple investigations to determine if there is indeed fraud or not. But is it in the realm of possibilities? Technically yes.

@@DebtTale thank you so much and the more you say about how to commit wire fraud it just makes the whole situation make less sense for Ohtani’s case if he wants to stay innocent.

Again possible. Wire fraud happens to individuals and businesses alike. Though usually it is smaller amounts and more frequent wires. Or people set up automatic payments or create checks to other people/business for false services/products. Basically to hide tracks and appear as a common occurrence. Sometimes with falsified contracts to bolster the appearance of being legitimate. But again I don't know him or the capacity to which he handled his own finances. Also totally possible for multiple people to be in cahoots cause that is a sizeable amount. I will definitely be keeping an eye out on the case because of how much media attention it is getting overall.

Appreciate the watch and comment!

@@DebtTale Of course!

Thank you! Hoping your pivot goes successfully!

@@DebtTale Thanks! After a call with a couple of members of the Think team, the channel is going to remain personal finance. They helped me see a way forward that doesn’t rely on constant budgeting and cash stuffing videos, lol!

That's cool that you got that call in.

Thank you! Slowly but surely this will pick up

Thank you!

Thanks! It's been really fun to learn these things first hand since I switched to 1099 now over a year ago.

Thank you! It's been fun reading, researching, and interviewing people for answers. I'm just hoping it inspires others to talk about it more freely. We can all learn from other's journeys.

Thank you! Has been a while since I have seen your comments. I do appreciate how you have tagged along this past year! Hope all is well.