Home Search Watchlist Advertise Feedback Profile



Wife passed, left horrible financial situation. Need advice. - Hey folks, Throw away, of course. I'm 38m, active duty military. For the past 10 years, my wife has been in charge of all the financials. She had a general power of attorney so she could handle things while I was deployed multiple times. I rarely spend/spent a lot of money, and would just ask if a purchase was "ok". I stress easily and was happy to let her handle everything. My wife passed away, unexpectedly, last month. This leaves me and my 11 year old, special needs, child at home. After a month, I have finally been able to piece together the nightmare that is the financial situation she left me. I'm torn between grief and anger at this point. Bottom lines: ~29k in credit card dept (3 cards, all maxed) ~12k in unsecured debt (3 personal loans with our bank and 3 loans through Affirm) 2 cars, selling hers next week, around 8k left on mine. ~560k left on mortgage, home worth around 700k I went to NFCU this afternoon to discuss options. Bottom line was two fold. Consolidation loan wont work, she tanked both of our credit scores and we just won't qualify. Home equity wont work, as our current 3% rate will spike to at least 7% with the current rates and my credit score. Not to mention I no longer have her income. Not sure what to do, or even what direction to look in. More then happy to provide more details if anybody can offer advice.
L
Lykeshares Official
Wife passed, left horrible financial situation. Need advice. - Hey folks,

Throw away, of course. I'm 38m, active duty military. For the past 10 years, my wife has been in charge of all the financials. She had a general power of attorney so she could handle things while ...
www.reddit.com/r/personalfinance/comments/16geuq3…

L
Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
L
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
L
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
L
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
L
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
L
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
L
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?