GSM reported a slight revenue growth to $391.9M in Q1 2024, but faced a net loss of $2.0M, contrasting with analysts' expectations of a larger loss.

Key Metrics

Revenue	$391.9M	4%
Net Income	$-2.0M
Earnings Per Share	$-0.01
Cash and Cash Equivalents	$159.8M

Segment Performance

• Silicon Metal (revenue - $167.8M, profit - $16.1M) - Revenue in line with prior quarter. Adjusted EBITDA decreased due to reduced energy compensation in France.
• Silicon-Based Alloys (revenue - $112.0M, profit - $14.4M, growth - 4.8%) - Revenue increased due to higher volumes in the U.S. Adjusted EBITDA decreased due to lower average realized price.
• Manganese-Based Alloys (revenue - $66.4M, profit - $5.5M, growth - 9.8%) - Revenue increased due to higher average realized selling price and increased total shipments. Adjusted EBITDA decreased due to reduced energy compensation in France.

Business Highlights

• Posted adjusted EBITDA of $25.8 million for the first quarter of 2024
• Net cash positive for the first time in the Company’s history; all-time low gross debt of $81 million
• Initiated a quarterly cash dividend of $0.013 per share, paid on March 28, 2024; announcing a second quarter dividend of $0.013 per share, payable on June 27
• Board approved stock buyback program; shareholder vote to approve buyback scheduled for June 2024 AGM
• Successfully restarted French operations on April 1, 2024, with all furnaces running
• Applying for permit to expand silicon metal production in the U.S. to address strong secular trends in solar and EV batteries
• Signed a memorandum of understanding with Coreshell, followed by an investment post-quarter after strong test results in our lab

Guidance
Expectations: GSM's revenue of $391.9M exceeded the average analyst estimate of $343.45M for Q1 2024, showing a positive surprise in revenue. However, the net loss of $2.0M, though better than the estimated loss of $0.02 per share, indicates underlying profitability issues. The company's EPS of -$0.01 was better than the expected -$0.02, showing a slight positive earnings surprise.

My husband (33M) and I (28F) are currently facing a challenging period in our relationship. After a year of marriage and cohabitation, he has made the decision to relocate to another state. We originally met in that state (California) and dated for a few months (we were friends first and were dating other people, no cheating just eventually happened) before I moved to Michigan to pursue my career goals. I secured a job with an annual income of approximately $200,000. He followed me to Michigan, and we eventually married. It was an elopment because I'm catholic and I always wanted to be married before living with anyone.We spent months ring shopping before the elopment but we never had an engagement.We just decided to elope so no one knows. We wanted to wait to eventually have more money do a proper ceremony and engagement. etc. I always dreamed of having a family and moving back to California to settle down. I dont see Michigan as my home,I was just looking for a better future for us.We always had the same goals and come from very similar backgrounds, except his family is dysfunctional and mine isnt.
It's important to note that he has experienced significant financial setbacks this year due to inflation/the economy and the loss of his business. I provided him with support in various ways, including financially and emotionally, and even helped him secure a job at my company. (He didnt like it so he got fired) However, he became increasingly depressed over time and refused to share his financial situation with me or accept my assistance. He expressed dissatisfaction with our current location, citing a lack of activity and friends, despite having only two close friends in California who live with their significant others , arealways traveling therfore he would be alone a lot of the time.
Initially, he suggested a long-distance relationship, but his lack of commitment and concrete plans made me hesitant. Without a clear indication of his intentions or a timeline for our reunion, I find it difficult to maintain hope for our relationship. I dont know when I'll see him again and if I ask he just says he doesnt know anything, that right now he is focusing on taking care of his debt ($60,000)and regaining his life as a man.
He has since admitted that he may not have been fully prepared for the responsibilities of marriage and feels the need to stabilize his finances before committing to a relationship, let alone a wife. Note that I'm very independent and never have asked him for money. Not for a single thing, just that he pays half of the rent. When he couldnt make it, I still helped him and covered ALL expenses. Our entire year here I stood by him, i didnt pressure him for nice things even though I miss them and I personally could afford them. Going to dinners, going to the movies, having drinks with friends, etc that was non existent. Maybe three times in the entire year we did that. We spent the entire year at the house on the couch watching movies and eating fast food. I didnt care, I knew this was temporary and that he was my husband, for better or worse. I felt bad leaving the house without him to do anything, so I never did it. I also didnt want to sponsor EVRYTHING in his life, that didnt feel right as a woman and my tradiotional outlook on relationships. In the beginning I was extremely resentful because I thought he didn't love me enough to do anything with me or take care of me, but eventually through therapy and being more patient and seeing his perspective, I realized he was just depressed and couldnt cope, so his financial life was going down the drain and it wasnt about me. Or so I thought.
We always had a plan to move back together because I see myself living there full time and settling, but at this time I had zero job prospects there. The maximum I could get was $48k with benefits and given that he doesnt have the capacity to provide (at least now or at least for me ), it seems stupid to leave my job and my security blanket. I worked really hard in my career whereas he only has jobs, not a career per se. Im more than willing to prioritize a family over career but I need security in the main pillars : love and finances. I always felt like he loved me but now I'm doubting everything.
He has expressed a desire to return to California and is moving in two weeks, where he feels more at home, despite the uncertainty of job prospects for him there. If he lost his business and all his income(he works for himself) while being in Michigan, what makes him think that wont happen in California? He is moving with his dad at first , while dad is on vacation for a month, suposedly to get back on his feet but I dont know how true this is. This is the last thing he said to me about the topic. Later I find out he was cashing some of his invesments to move but didnt hear it from him; I accidentaly read it on an email. Maybe this is how he is moving there?
This sudden upheaval has left me scrambling to adjust, as I cannot afford our current apartment on my own and I just lost the life we had together and most importantly OUR DOG. We were a little family. I have 5 days to move to a new apartment.Despite my efforts to support him, he remains distant and uncertain about our future together, particularly since I began packing so quickly in response to my impending move. I had to start moving things along as I only have 5 DAYS to restructure my life. He commented that he thought this process would be easier and that seeing me crying everyday makes it hard to continue hurting me and the relationship and that hes unsure of the future because he has nothing to offer me right now.
I'm left wondering if there's any hope for our relationship and if he will ever be willing to communicate with me again. I understand his frustration and depression, but I struggle to comprehend why he would give up on our relationship when I have consistently stood by him. Why can't he be honest or straightforward? I understand moving for a job , but he doesnt have that and I could understand dealign with his mental health, but why abandon me?
Is there a chance for us to reconcile, or should I accept that it may be time to let go?
Do I give him time to process this? Im just confused and he wont talk to me. Apparently, in two weeks, I'll have a new life and I don't even know if im single or if he plans on being single? Do I wait for him?
Any straight males reading this, please advice. What should I do? What is going through his head, what can I do? Will he reach out once he is there?
Im spiriling, so welpp!

My Ch 7 bankruptcy was discharged in 2020. In 2023 I attempted to apply to a college for my Bachelors and found out that my transcripts were being withheld due to a tuition debt from a college that I previously attended in 2018. I intended to attend classes one semester, work got in my way, didn’t withdraw in time, my loans were returned and I was left with tuition and fees debt of over $3k. I found out that the school only sent one notice prior to my bankruptcy which is why I never attached it to my filing. I probably threw the bill away and forgot about it. It was never sent to collections either. How should I handle this debt? I still want my transcripts obviously. I graduated from there and still want to pursue higher education. Is it too late to add this to my bankruptcy for discharge? Is the school going to dismiss the debt?

My senior year ended two weeks ago as I had no exams during last week's Finals week. Days later, I officially wrapped it up as my time with one of our sports teams came to an end (I'm not a player, but help them out). I've been devastated since then because I loved working with them. They made me feel welcome, appreciated the changes I made to what we did, and made me feel a part or the team. I want to come back in the same role with the team, but that's only if I go to grad school for my master's - they can't pay for it because it's not within their budget. I want to go to grad school - that was always the plan, but I don't know if I want to pay for a M.S. degree in Sport Management when I already have debt from a business degree. I want to work in the sport industry, but not for what would come out to be 60k after six years of schooling. I could look into scholarships, but those are difficult to find for hrsf school, or GA positions, but would I be able to remain full-time with our team?
If I elect not to go to grad school, there's other options at play. I can take a "gap year" from school by saving money, remaining as an intern at a company I've been with, and continue to pad my resume to go to grad school next year (which possibly means working with our team on a part-time basis throughout that "gap year"). That'e not a bad idea, but I want a GA position in that case - that's far from guaranteed. I can work full-time, but I have no idea if that's an option in my field as I cannot move out of the area I grew up in and rely on public transportation. As a result, my options at the moment are limited when it comes to my job search.
My brain's telling me to take the gap year, yet my heart is telling me to go straight to grad school and keep working with our team, even if it means taking out another 30k over two years. For awhile, I've felt that I could use that extra two years of schooling too. I don't want to listen to my heart, but considering I had a blast with our team this year and have always wanted to go to grad school, I'm torn apart. I really want to come back, but it's probably foolish to do so without aid. I am waiting to hear back from other GA positions, so we'll see how that goes.
Just to clarify, I'm not making this decision on a whim. I'll see what aid's out there as well as how I'm feeling emotionally after some time. The decision doesn't have to be made until late July, so plenty of time to consider what's next.
What do we think?

I remember being 12 and looking up unclaimed bodies around my area because I called my dad for 2 years straight and he never picked up.
My mother used to tell me that I’m worthless anytime I did something that she didn’t agree with. It could be over the stupidest things too. She was always deliberately cruel.
Like when my job promoted me to another store, and I was bragging to her about my accomplishments, she said “they’re just doing that to get rid of you. Nobody likes you”.
I’m turning 24 soon and it just sort of hit me that I could never be like either of them. It’s hard to be a good parent, but it’s not that hard to just be an ok one.
I want to reconnect with them so bad, because what am I doing that’s so bad that I don’t deserve parents?? I never argued with them as a kid/teenager. I never drank/smoke/ snuck out or talked back to them. I got excellent grades in school. But it’s like I got dealt a shitty hand.
I got a job at 16 and i was apparently deemed good enough to parent myself. My mom stopped grocery shopping so I had to spend my paycheck to buy groceries/food and then when I got home she would yell at me for hours because I didn’t “get the right food” and I must hate her because I didn’t buy the organic stuff she wanted. But I was only working part-time at a restaurant for $9 an hour and couldn’t afford it. She also gave me $600 a month bill that was also my responsibility with the rest of my paycheck.
Or when I graduated high school and needed to go college, she wouldn’t fill my Fafsa out (she did the same thing to my brother and he had to drop out and go to community college) and kept pushing it back. I had to get a 2nd job to pay my tuition, so I was going to school full-time, and then had a full-time and part-time job.
She figured out the days I got paid, and would drive me to a check cashing place and take most of my money. I couldn’t keep that life up of working 12+ hour days every day and flunked out of my college. I reenrolled in my local community college, but I was just so lost that I ended up quitting.
She brought a new house when I was in college that had a run-down in law suite. She told me if I fixed it I could live in there and pay rent and have some more privacy. I worked extra hours and got a 3rd job, found a plumber and electrician, and would spend hours every week to fix the place, and wouldn’t you know it as soon as I was done she sold the property and took all the profit. She did the same thing to a broken down car that she had, I paid $4k to take it to a mechanic and when we got it back, she “never said that” and still drives that car to this day.
When we were moving (again) i decided to just get an apartment with my boyfriend because I was getting sick and tired of being used. She found out and hid the leasing information that I got from a complex, and guilt tripped me by saying she wouldn’t be able to afford things on just her paycheck and would starve. So I quit looking, just for her to scream at me a week later that I was a useless burden and that I was the one financially abusing her.
So I packed my bags, slept on the dirty floor of my boyfriend’s parents trailer for 2 weeks, got a round of the stimulus checks, and moved out to our own apartment. When I went back to her place to pack the last of my stuff she was snatching things out of my hand, threw my boyfriend’s laptop and tried to choke him/throw him out.I pushed her away from him and she told the family that we both were hitting her, so they don’t talk to me anymore. She was also insulting him for his family bring poor, and making fun of his dead grandmother.
And as I’m getting older and my prefrontal cortex is developing I just don’t understand them. I can understand hurtful things being said in the moment, but to continually be like that means you are making a conscious effort to be a terrible person.
But I miss them so much. I want a mom to talk to about my day and complain about my co-workers with. I want to watch movies at her place again and eat junk food. But she doesn’t deserve it, and I feel like I do. I don’t know what to do.
I think the worst part is that I’m actually my mother’s favorite. She treated my brothers worse and when I complain about her, they’re quick to bring that up and dismiss my feelings.
There’s plenty of more terrible and down right weird things that she does not just to me.
Like she kicked my brother out when he was 15 and he went to one of my aunts for help, and she dragged him out of their house and told him to live on the streets and “never go to her family for help, because it’s her family not his” which 🤦🏿‍♀️
Or Like she used to beat me and my brothers with electric wires as a kid. Or recently, she was renting out one of our old homes and my partner and I moved in and we were paying MORE THAN market rent. And she forced us to move out after only 6 weeks because I said no to helping her on a side project because I was busy. But I “owed her” because she could’ve “charged me more”.
Which I should’ve known it would end this way honestly. But like omg let me catch a break.
My parents are divorced and my father lives in a different city. He only calls me when he needs something and honestly I have stopped answering.
I’m not sure what to do. Advice?
Edit: besides all the debt from moving 3x in one year because she kicked us out (and the student loans), I’m not doing too bad.
TL;DR: my parent’s are terrible, I still want a relationship with them.

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345Partners (a technology PE firm) invested in NBVA in 2018. Three of the five founding partners sit on NBVA’s advisory board and provide Randy with market intelligence.
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I am 24, and obviously have messed up financially.
72k in debt, 14K vehicle(0.9% APR), 25K credit cards(30% APR), 33k Personal loans (14% APR)
My income is $5800(net) (I think 8800 gross) a month, I get paid once a month, feel like I’m drowning.
I have zero rent / mortgage, don’t own anything.
45K in a 401k that I can’t pull out due to my employers rules.
Do I file bankruptcy?

Hi Reddit,
I'm in need of some advice regarding my current marital situation and the potential sale of our home. To give you the full picture, I'll start from the beginning. Apologies for the length, but I feel all the details are necessary to understand the context.
I (29F) met my husband (40M) on Tinder four years ago. We dated for about eight months when my family had an opportunity to purchase a property. My then-boyfriend was also looking to be involved in a business deal of that sort, and he was interested in having his name on the property as well. My father supported this, seeing as how my boyfriend was a physician with a good income, and saw this as a way to bring him closer to our family. The opportunity came quickly, and we all signed the contract to purchase the house.
Trouble began shortly after this. My boyfriend requested that only he and I be on the title of the house, removing the rest of my family, as he saw a future with us and envisioned it as our potential family home. My father was very pleased to hear this and supported it, so we obliged. During this time, the property had increased in value, and I requested the other family members be paid off so we could buy out their shares. My boyfriend declined, feeling it was unfair.
To skim over some details, here are the highlights of the construction: My boyfriend paid more for the down payment than we initially realized would be required. Because of this, he paid no further construction costs. The construction proceeded with debt from my family until the construction loans came through. My family paid for the construction, and my father built the house for us without charging for his management services. My father was displeased with my boyfriend’s behavior and required him to pay more money for the construction due to inflation and the COVID shutdown. My boyfriend declined, and my mother and I secretly took out a line of credit to front the construction costs to my father, pretending it was from my boyfriend. Eventually, as we got the construction loans on a rolling basis after meeting construction milestones, my mother’s line of credit was paid off.
During this time, my family and I wondered why my boyfriend had not proposed. I decided that if he hadn't proposed by a certain time, I would leave him. Fortunately, he did propose on Valentine’s Day 2022. By spring of 2022, construction was coming to an end, and it was time for us to settle into the house. My fiancé felt uncomfortable with how much money he had put into the house and was worried I could leave him and make a profit. I promised him I wouldn’t leave him, but it wasn’t enough. He said he would believe me if I had a child with him, otherwise women would leave men if there were no ties. I told him I would have a child with him right when we got married. He suggested I come off birth control, as it takes months for a woman’s cycle to normalize after being on birth control for many years. I promised him I would come off birth control.
Coming off birth control was more stressful than I realized. I was very hormonal, breaking out, and felt unlike myself. This contributed to my fiancé and I fighting more than usual. In one particularly heated fight, I told him I would go back on birth control and even purchased the pills, but he told me he would break up with me if I did because he wanted to get to know the real me. I conceded, and then something switched in me and I became excited at the possibility of having a baby. I started tracking my cycle and figuring out my ovulation days. I shared this with my fiancé, and on one of those days, we got pregnant. I didn’t find out until the end of summer 2022. When I did find out, I told my fiancé and suggested we should probably get married.
My fiancé's first response was that we should wait to see if the baby sticks, and if it does, then we can plan a marriage but he wanted to wait until February 2023. I was very disappointed and angry and yelled at him. I felt alone and overwhelmed by the thought of having an illegitimate child. After discussing potentially getting an abortion, potentially breaking up, and potentially selling the house, I talked my fiancé into keeping the baby and getting married. He also wanted to keep the baby but was afraid of our situation. After many fights about when to have the wedding, we finally decided on December 2022. At that point, I was four months pregnant. During this time, my fiancé and I had major arguments that therapy couldn’t even remedy. We would yell at each other, slam doors, I would cry, and he would hold himself up in a room for hours. We had nice moments too, but they were heavily clouded over by the bad.
Finally, we got married, and things were good for a while. But then we faced some marital problems. My husband kept separate accounts and managed the finances himself. We had a joint credit card where I could pay for expenses without being questioned. He made all of the major investment decisions and major purchases. If I tried to disagree or speak up, he would get upset because this was not the submissive wife I had promised him I would be. I made significantly less money than him but lived a good lifestyle, buying almost anything I wanted within reason. Coming from a traditional family, I was upset that finances were kept separate. And so it continued that my husband would invest tens of thousands of dollars into our house so that his family from out of town would visit. We live in Vancouver, Canada, but his family is from Ottawa. In hopes of luring his youngest sister (of four) to Vancouver, my husband would make any modification to the house that his youngest sister showed the slightest interest in. This included a hot tub on the rooftop, a media system in the basement, a movie projector, and much more. After said sister got married, she made it clear that she would not move to Vancouver. Then a switch happened in my husband, and he suddenly wanted to sell the house.
Meanwhile, during all this time, I had my baby, and my husband and I were still fighting more than ever. I felt no support from him, and he felt drained by his work, our fights, and being away from his family. Recently, for the past three months, he has been consistently pushing for the sale of our house. This is where my dilemma lies. I am afraid to sell this house because my husband has kept finances separate, and the mortgage on this house has been serving as a way for me to feel secure. My husband contributes a monthly amount on a regular basis. He could have forced a sale in the past but didn’t, instead paying into the monthly mortgage on top of other bills. Now, he is considering forcing the sale of our house, but I am upset that he is citing financing as the issue when I have been begging him to save money instead of spending (his response is that $200,000 does not affect a $2M mortgage, and that he now feels burnt out and wants to retire sooner and live passively). If I agree to sell, I feel unstable about moving from our home given that my husband and I fight so frequently, and I am left alone to take care of the child. It is also worth noting that my parents live right across the street and come over frequently to help with the child, or I would go over to seek their help. My husband says that he feels abandoned and uncomfortable frequently because of our proximity to my parents, but I am because there have been times when I felt truly alone, and my parents were my only solace and support. My husband would ignore me for days, especially when I was postpartum and vulnerable. My parents now see my husband as someone who doesn’t put his wife and child first. My husband says that the massive mortgage we have is too stressful for him, and he can’t take that burden. I am sad that my husband will not consider keeping this house for another three years so that I can get comfortable with the idea of selling the house and that potentially I and my family can all move to Ottawa so that we can allow my husband to be closer to his family.
I don’t know what to do at this point, Reddit. I’m currently on extended maternity leave, but it ends in six months. My husband and I will have to come to an agreement about the house, otherwise, it is likely that he will force the sale of the house even if I’m not ready to move. I’ve consistently felt rushed and overlooked in this relationship. I am tired of being the small voice that does not impact decision-making. My husband is now being nice to me and trying to show me a good time, but I see it as him turning on his charming mode so that I can say yes to the sale of this house. I’m not sure what to do. Our fights and disagreements are so bad and the marriage feels like doom sometimes (never any physical violence). I sometimes questions even staying with him, but I worry for my daughter. He is a good father to her, when he is present and off his phone.
Any advice would be greatly appreciated.
TL;DR:
I need advice. I met my husband four years ago, and we bought a house together with my family's help. Financial disputes caused issues. Despite getting married and having a baby, we fight often. My husband handles our finances separately, spent a lot on the house, but now wants to sell it. I feel insecure about selling because the mortgage is like an investment to me, and also I rely on my parents, who live nearby, for help with our child. My husband feels stressed by the mortgage and feels homesick for his family 3000km away. I feel overlooked in decision-making and am unsure whether to agree to the sale, or to stand my ground and not sell. Sometimes I question staying in the marriage for my daughter’s sake, or is it better give up on this unhappy marriage.

Planning to undergrad for business admin and mba in the future at UCLA or USC or UCI but don’t know the how likely that is to happen.
Has anyone gotten into an ivy going to csuf?
I might go to a more prestigious school at slo for undergrad so I can get a better mba unless it is completely easy and possible at csuf
I would basically be going to Fullerton for free compared to thousands in debt at slo.

My senior year ended two weeks ago as I had no exams during last week's Finals week. Days later, I officially wrapped it up as my time with one of our sports teams came to an end (I'm not a player, but help them out). I've been devastated since then because I loved working with them. They made me feel welcome, appreciated the changes I made to what we did, and made me feel a part or the team. I want to come back in the same role with the team, but that's only if I go to grad school for my master's - they can't pay for it because it's not within their budget. I want to go to grad school - that was always the plan, but I don't know if I want to pay for a M.S. degree in Sport Management when I already have debt from a business degree. I want to work in the sport industry, but not for what would come out to be 60k after six years of schooling. I could look into scholarships, but those are difficult to find for hrsf school, or GA positions, but would I be able to remain full-time with our team?
If I elect not to go to grad school, there's other options at play. I can take a "gap year" from school by saving money, remaining as an intern at a company I've been with, and continue to pad my resume to go to grad school next year (which possibly means working with our team on a part-time basis throughout that "gap year"). That'e not a bad idea, but I want a GA position in that case - that's far from guaranteed. I can work full-time, but I have no idea if that's an option in my field as I cannot move out of the area I grew up in and rely on public transportation. As a result, my options at the moment are limited when it comes to my job search.
My brain's telling me to take the gap year, yet my heart is telling me to go straight to grad school and keep working with our team, even if it means taking out another 30k over two years. For awhile, I've felt that I could use that extra two years of schooling too. I don't want to listen to my heart, but considering I had a blast with our team this year and have always wanted to go to grad school, I'm torn apart. I really want to come back, but it's probably foolish to do so without aid. I am waiting to hear back from other GA positions, so we'll see how that goes.
Just to clarify, I'm not making this decision on a whim. I'll see what aid's out there as well as how I'm feeling emotionally after some time. The decision doesn't have to be made until late July, so plenty of time to consider what's next.
What do we think?

Hi everyone,
I'm at a crossroads with my business in the vape/hemp retail industry and need some insights. Here’s a quick rundown:
Current Business: Debt-free, making a net profit of $40k monthly, but I'm reinvesting that back into inventory. Rent for the 5000 sqft space is $3700/month. I’m anticipating clear profits in 3 months. However, new competitors are entering the market soon, and there are always concerns about changing regulations.
Sale Offer: I received an offer for $1.1 million ($800k plus inventory), with $900k upfront and the rest financed over a year.
Expansion Option: I have the chance to open a second location. The purchase price is $350k (20% down, approved by my lender based on my current cash flow). I estimate it might bring in a net profit of $15-20k monthly after 8 months, with an investment of an additional $100k-150k.
Financial Goal: Long-term, I aim to make $5 million and maintain a cash flow of $100k.
Dilemmas:
If I sell, I can potentially avoid risks from competition and regulations, and have immediate capital to reinvest or diversify.
If I expand, I could increase the business’s value and reach my cash flow goal through scaling, but I’d be taking on more risk given the uncertain market conditions.
What would you do in my position? Sell and secure immediate capital, or risk expanding in a volatile market?
Thanks in advance for your advice!

• Current cards: (list cards, limits, opening date)
  • Discover IT, $9800, August 2020 (mine)
  • Capital One Savor One, $10,000, November 2022
  • Discover IT, not sure, not sure (paid off in full) (husband's)
• FICO Score: Mine is 641, husband is 688.
• Oldest account age: 4 years, 8 months
• Chase 5/24 status: 1/24
• Income: $70,000
• Average monthly spend and categories:
  • dining $800
  • groceries: $500
  • gas: $200
  • travel: $0
  • rent: $1375
  • bills: $250
  • pet costs: $100
  • misc: $400
  • TOTAL: About $3500 give or take in expenses
• Open to Business Cards: No
• What's the purpose of your next card? Balance Transfer
• Do you have any cards you've been looking at? e.g. Chase Freedom Unlimited
• Are you OK with category spending or do you want a general spending card? No, it's just for a balance transfer.

We (me and my husband) are looking to do a balance transfer for my capital one card. Our total credit card debt is almost exactly $20,000. We have already paid off about $3000 this year so far to get to $20,000. I am in law school, he is a nurse. Our tentative goal is to have our debt paid off by December 2025.
Our monthly budget is not very helpful as I will be working and earning $10,000 (pre-tax) over 8 weeks this summer, almost doubling our income for those 8 weeks. However, I need to set aside $2000 for summer tuition (externship course gets me 2 credits). I really wanted to set aside $600-800 for a new riding helmet and $500 for my club dues for the fall. I also am considering setting aside $1,000-2000 for the patent bar preparation course. So anywhere from $3-5k (after taxes) will go to credit cards.
My husband gets a $3000 bonus (pre tax) in December 2024.
$10,000 of our debt is actually on my father's credit card, he generously did a balance transfer for us with an open card he had. We are tentatively planning on paying him about $300-400 a month, but not sure. The other card is the Savor One. It began accruing interest in March or April so we need to do a balance transfer on that ASAP to avoid more interest. That has a balance of $9000.
I do not know how much I will make with my job next summer, but it will be at least as much as this summer, if not more.
All of that to say, we are trying to budget better with YNAB, but our budget is not consistent for the next couple months, so we are planning on getting that better set up in August.
So considering all this generally.... (1) what card should we get that will allow us to a balance transfer as close to 10k as possible, (2) how much should we pay towards credit cards a month to reach our goal of December 2025, (3) should we close our empty Discover accounts or leave them open and not use them, and (4) should I or my husband apply for the new card?
Thank you! Once I am out of law school, money is going to be a lot smaller of an issue, but my husband's car is getting close to 20 years old and we really want to have our credit card debt paid off before his car dies and we need to take on more debt for a car.

Please be gentle. I am 33- f, single, living at home with parents. I spent 10 years in a toxic relationship and just starting to get out of the cobwebs and realize I do have a future, if I want one. I was depressed and felt like I had no future for so long.
Now that therapy has helped a ton, I am beginning to envision a future and see my worth. However, I get paralyzed when I think about my finances. I recently got a raise making now 70k around and $966/wk. I have around 120k worth of deb- most is student, 20 is car, ( i pay a friend at a 1.% interest ) and then around 5k in CC debt. I have 20k in my 401k, but I just found out bc of my ex advice I was not contributing anything all this time for my 40k so this is just employer (tragicccc).
I want to start contributing, but what percent? Do I also start a Roth IRA? Or do I wait to invest before out of debt- my student loans feel insurmountable and feel like with the 20yr plan and my payments only going to interest I just am ignoring them and paying my monthly payment.
I feel scared and lost about future, and retirement and living comfortably. I want to move out. Rent/Buy?!
Have my own life but idk where to focus first.
I feel if I wait until debt free, I'll be living at home with my parents until 40 and feel like I am waiting so long for "life" to begin after wasting so much time in an abuse situation.
I also just started my own business, slow rolling, which supplemental money is coming in and soon more (another part time opportunity) but also there are business expenses on my plate too.
Does anyone have any advice? Where to start/focus? I feel doomed. Sometimes when I think about my finances I go back into that despair cycle and wonder what is the point.
Looking for a beacon here.
TIA.

I’ve previously asked for advice on here and bankruptcy is the best option for me. I’ve spoken to debt advice charities who have also advised the same. So in that sense I have acknowledged my debt with the charities in April
Because of how strongly it’s going to f me in the a, with also having to pay into bankruptcy for 3 years with any spare money left at the end of the month I know that once I bankrupt myself I won’t be able to afford the repairs on my car which I do need
I have read that you can be rejected if you purposely make your debt worse, or if you’ve been wreckless they can place restrictions on you
So with that in mind should I avoid £800 on car repairs or should I take the chance whilst I have it? Some of them are safety critical, like the brake hose and brake discs both needing urgent replacement

Hello all! I'll try to make this brief. My husband received a Summoms to court for an old credit card ($1400), and it says he MUST appear in court. However, there is NO court date on the summons anywhere. (I'm in IL, USA, if that helps) I went through this exact same thing. Only the amount was a lot less, and mine had a specific date. I went and was able to negotiate a very easy payment plan. However, with there being no date, we aren't sure what to do, and I'm thinking about disputing it. I've seen all kinds of videos all over social media about when they sell your account to various debt collectors that the contract is no longer valid. Does anyone know if this holds true? This debt has been sold to three different agencies. **SIDE NOTE His SS# is nowhere to be found on ANY of the paperwork!
Any advice??? Thanks so much!
EDIT: We live in a small town, and I know the D.A. very well. We played volleyball together in HS. But, I hate to bother her about something like this... im sure she's busy with real criminals, lol

Please be gentle. I am 33- f, single, living at home with parents. I spent 10 years in a toxic relationship and just starting to get out of the cobwebs and realize I do have a future, if I want one. I was depressed and felt like I had no future for so long.
Now that therapy has helped a ton, I am beginning to envision a future and see my worth. However, I get paralyzed when I think about my finances. I recently got a raise making now 70k around and $966/wk. I have around 120k worth of deb- most is student, 20 is car, ( i pay a friend at a 1.% interest ) and then around 5k in CC debt. I have 20k in my 401k, but I just found out bc of my ex advice I was not contributing anything all this time for my 40k so this is just employer (tragicccc).
I want to start contributing, but what percent? Do I also start a RothIRA? Or do I wait to invest before out of debt- my student loans feel insurmountable and feel like with the 20yr plan and my payments only going to interest I just am ignoring them and paying my monthly payment.
I feel scared and lost about future, and retirement and living comfortably. I want to move out. Rent/Buy?! Have my own life but idk where to focus first.
I feel if I wait until debt free, I'll be living at home with my parents until 40 and feel like I am waiting so long for "life" to begin after wasting so much time in an abuse situation.
I also just started my own business, slow rolling, which supplemental money is coming in and soon more (another part time opportunity) but also there are business expenses on my plate too.
Does anyone have any advice? Where to start/focus? I feel doomed. Sometimes when I think about my finances I go back into that despair cycle and wonder what is the point.
Looking for a beacon here.
TIA.

Some context: I started a crypto mining business at the end of 2021. In the beginning, I sold crypto miners and various electrical equipment to those who wanted to mine bitcoin and other cryptocurrencies. Obviously, the sales stopped coming in once crypto prices plummeted and by the end of 2022, I was stuck with a bunch of miners that were a tenth of the price they once were. Unable to pay my debts with business cash, I decided to start paying with my personal money ever since. I still have around $20k in debt, but I can’t keep paying with my personal finances.
I know I should not have been doing this as I filed as an LLC, but I didn’t know what else to do at the time and was scared of bankruptcy. To make things even worse, I moved states so I’m not even in the same state that the LLC was filed. I don’t even know who to contact to get information about bankruptcy or debt management. I just want to be done with my business. Is there any hope for me to get out of this? Since I’ve been paying the debt with my own personal finances, am I now personally liable for the debt? I’m in a tight spot financially and cannot afford to keep paying off my business debt. Any help is welcome.
For now, I’ll just be over here crying in my corner.

I've owned a small towing operation for three years now- and we are $100K in debt, both personal and business. All my personal debt however are mostly startup funds for said business. Most of our small loans (equipment, etc) are ending within the next year and a half, which is great- and according to our debt planner we should be out of debt within almost time frame. But I don't believe that. I feel crushed under the weight of debt and with business slowing down the worst it ever has, we are struggling. I've contacted a local bank to see if we can secure a consolidation loan, I've tried personal loans (waiting to hear back) but I feel like I'm exhausting all my options. At this point we want to consolidate everything into one payment and possibly sell the business. Does ANYONE out there have any tips? Been in the same situation? These were not frivolous purchases- they are all business related credit cards.