TIL that anyone on Medicaid is automatically eligible for WIC, even if they're over the WIC income limits

<!here> Help Needed! A member defaulted on their credit cards and is facing 4 civil law suits as a result. They need a lawyer that is familiar with navigating such a situation. If you can, please post recommendations!

How do I share this Slack group with someone?

Curious what peoples baseline is for an acceptable price for a weeknight dinner

#budgeting Can anyone recommend (or for you creative programmers: write) a desktop budgeting program that functions offline? I know people who have very infrequent Internet access and would like to track their spending daily. (A way to use YNAB on a desktop when offline may also be helpful.)

I have a HDHP but have not yet set up my HSA. I received a bill for a medical procedure which I have not yet paid. Can I set up the HSA now, and then use it to pay for the bill? Can I set up the HSA, and then pay the bill, and later collect reimbursement? (I found this: https://www.chard-snyder.com/support-center/faqs/can-i-use-my-hsa-to-pay-for-medical-expenses-incurred-before-i-set-up-my-ac/ I'm just not sure whether "incurred" refers to the date of the bill or the date of the payment.)

Dr office wants me to sign the following: I hereby authorize and request my insurance company to pay directly to XXXXX MD the amount due on my claim for services rendered to me. I further agree that should the amount be insufficient to cover the entire medical expense I will be responsible for payment of the difference. Does this mean they're asking me to accept 'balance-billing' if they dont like the amount my insurance allows? The provider is in network with my insurance

Thoughts?

"Most people spend more time planning their annual vacation than they do planning their lives" Matthew Kelly, The Dream Manager Seen while studying estate planning for our members. If you are 18 and over and don't have an estate plan, it's time to start.

The Money Mindset Quiz: A Quiz to Gauge Your Child’s Money Mindset A draft of my upcoming article of this month wellspring magazine. I thought people would appreciate this. Feedback welcome (about to go to the graphic designer, so get your thoughts in quick!) https://docs.google.com/document/d/17W2KejCVzOpCUffTfNlJ5jck57JSU2XgY3uMSZ5bTg0/edit?usp=drivesdk

Today I Learned In Israel there is war contents insurance for any damages done by missiles above the 110k ILS the government insures everyone for by default.

What channel is best to post a question about savings accounts?

Channel notes and summaries!

remind me how to invite someone to this slack

Can we have a general list of financial priorities?

After speaking with multiple rabonim of different haskhafas, I am sending this letoeles lerabim, if you live in a state that requires landlords to put your security deposit in an interest bearing account and then return a portion of that interest (I checked and MD and NJ require while NY requires if you own more than 6 properties), you have the full issur of ribbis chal on both tenant and landlord, assuming both are Yidden If you know any work arounds let me know, but I am personally sending back security deposits to tenants and re-writing leases until I hear otherwise. Speak to your rabonim, and talk to your friends who might own rentals for Yidden or Yidden you know that might live in Jewish-owned apartment complexes. As a separate issue that I want to be mefarsem, late payments for tenants that are not just one-time fees, for example, 50$ every day your late, is also a serious issur ribbis. Can only be a one-time knas. Please comment if you know of any heterim, workarounds, or other opinions, specifically only ones that fit according to state law. Not, for example, just doing your security deposit off the books.

As we get ready to launch the “Budget Insights” Beta application (hopefully next week!) I have created a channel for people to provide product feedback #C093EMUUC68

What is the best way to store an 8-year-old's few hundred dollars? Is there such a thing as an interest-earning online savings account, with no annual fees, or is that just TOO much to ask for? 🤗 thanks!

Are there any programs to offer emergency assistance if one cannot afford rent and bills do to reduced income?

Gorgeous new design for our partner page thanks to @famous-train-93477!! https://frum.finance/partner/

Nicely done! Can I recommend a mission or impact paragraph to be displayed there as well?

not posting the original because it included a photo:

💍 A Different Take on Jeff Bezos’ $50 Million Wedding!

Jeff Bezos recently got married in Venice in a wedding that reportedly cost around $50 million. Many people are outraged, calling it excessive and wasteful.

But let’s look at the numbers:

Jeff Bezos’ net worth is around $237 billion.

A $50 million wedding represents only 0.021% of his net worth.

To put that in perspective:

👉 For someone to spend $50,000 on a wedding at the same ratio as Bezos, they’d need a net worth of $237 million.

Yet in the Orthodox Jewish community, $50,000 is an average wedding budget. But most people in that community don’t have anything close to $237 million in net worth.

For example:

A person with a $500,000 net worth spending $50,000 on a wedding is spending 10% of their entire net worth.

Compare that to Bezos:

Bezos’ $50 million wedding = 0.021% of net worth.

That means the average Orthodox Jewish couple is spending nearly 475 times more of their net worth than Bezos did, proportionally.

<!here> For anyone who might be new here, did you know we have an anonymous income sharing channel? Take a look! #C07PS7EUVG9 Let’s get more data! I am going to turn this into a searchable dataset with filters and graphs once we get enough data coming in.

menu challenge! can everyone post your 2 or 3 favorite budget friendly dinners, with a breakdown on cost?

My parenting money mindset quiz!

We are starting to test our new budget insights app. Please join #C093EMUUC68 if you are willing to help us test!

Amazon prime day best deals thread. Find any great deals? Anytime you think people will benefit from? Add a comment!

Business idea. A frum version of this. I will be your first customer iyh. I think the frum finance community would all be customers though. https://pca.st/episode/08183f75-b824-471e-b5c2-25b30b431990

Is a prescription vitamin d HSA eligible?