Personal Finance Questions and Answers

My dad make 110,000 a year. He say he never have money.HOW CAN THAT BE POSSIBLE?

Well I live in Maine out contained by the country were living is pretty cheap. Our house is worth around 300,000 which within a big city would be 800,000 to a million I was told. Im a single child and he is other talking in the region of how he doesnt have any money. Our truck is merely about 20,000, So its not similar to he spends a lot on himself from what I can see. whenever I ask for a bright hockey stick or something he is always wise saying how he has no money.

How can this be true..making 110,000 a year, and we dont own nice vechiles or anything really.My uncle make give or take a few the same amount and have lot bigger house...gets a brand topical truck every other week, nice everything really. All i got for christmas be a ipod touch from him and im a single child.Thats not very much seeing how he is making 110,000 a year. He have been making that much a year for around 10 years.

So my sound out is were could adjectives this money be going? Is he being self-seeking? Teachers at my school vote if your making over 100,000 your rich in maine


Answers: It sounds resembling your dad is one smart man. My father was equal way. Just because you hold a lot of money doesn't tight-fisted you have to spend it adjectives.

I know some people are comedy that he's wasting it on other people. It might purely be that he's saving for his retirement or your rearing.
Hi. I personally don't regard as a child has the right to know their parents income unless you are told by your parents. How do you know the true income smooth? Do you know the debt or savings?

Parenting is expensive. Perhaps they are good for your college education or adjectives.

Mind your own business, be thankful for what you enjoy!
Dude. Don't be a spoiled brat. "The only thing" you get was an "ipod touch"??? Are you kid me?? There are people that didn't hold food to eat on Christmas!!!...

You'll revise how expensive life is when you grow up and own no choice but to be less materialistic, shallow and greedy.
Congratulations, your dad is a NORMAL American. ANYONE can spend more than they bring in and MOST Americans do.
The FIRST step in shifting the situation is to know where the money is going. This requires setting up a WRITTEN budget and not spending anything to be exact not listed contained by the budget.

PS: Earn your OWN money for whatever YOU want.
If his credit be bad when he financed the house, he could be paying $3000 a month mortgage and taxes. Federal taxes, Socal deposit and state taxes take away 40% of gross income. So his lattice income is only 66,000 or $5100 a month. Less mortgage and taxes, electric, gas, sports car payment, heat oil, phone , internet access, life span insurance, health insurance, retirement fund, IRA, college fund, etc. Therefore, no extra money.

When you seize older, you'll find out how much everything costs.
P.S. teacher are very rich considering the state pays for their form care and income. Tenured teachers be paid over 100,000 a year in total compensation.
does he own any ex-wives or other children from other marriages he supports?
does he dance to casinos? play video machines in bar? Maybe he just doesn't want to spoil you.
Why not ask him? Just variety sure you don't ask with the tone of "i don't gain enough". Try "how come you don't trade in for newer cars approaching uncle? you make impossible to tell apart money.."
He may just be a investor. You'll appreciate it if he uses it to foot your schooling bills in the adjectives.

I have need of deeply of money hasty. Any accepted wisdom?

Hey, so here's my situation. I work full time at a Hotel in Florida, and we attain paid every two weeks which is totally fine. But I really requirement to pay sour a lot of bills which is slowly tally up which I'm sure a lot of you touch my pain. But I don't approaching this burden. Can someone give me suggestion of how i can get similar to $10,000 in a short interval of time. Minus selling myself.


Answers: If I GAVE you $10,000 today, how long would it take for you to be put money on in debt by $10,000 or more? You said the bills are 'slowly tally up'. That means you are spending more than you earn. Until you correct that issue, NO amount of money will abet. As soon as you correct that, you won't NEED help.
Well, if you enjoy cable, internet, or a cell phone, get rid of adjectives 3. It would be worth at least $200 a month. If you smoke, quit, specifically another 4 bucks a day if you smoke a pack a morning. If you eat out, put away at home instead, another nice bit of money depending on how much you do it. Try to get more shifts at work, or even bear up a second job if your calendar is predictable. Doesn't have to be full time, but at least possible part time. All that money can run toward your bills. If you can carpool and share gas costs, or even take public transportation to and from work, that's a short time more. Do all of these things, and later some, and you can probably have $10,000 contained by a matter of a year or so. My fiance and I salaried off over $40,000 surrounded by debt in a concern of 15 months using these same methods. It's a lifestyle change, and not the easiest item to do, but it is possible if you are really serious about it.

I am ;ooking for a place to bring a personal compromise. I own a 3YR ripened very soon (my greatnephew who I get thru CPS.?

BECAUSE HE IS FAMILY PLACEMENT WE GET NO HELP WITH HIM. HE HAS SICKLE CELL DISEASE. WHEN HE GOES INTO CRISIS I DON'T GET PAID FOR TIME OFF. WE JUST NEED TO CATCH UP ON BILLS. I HAD TO NOT GET MY INUSLIN BECAUSE HE NEEDS THINGS. ANY HELP WOULD BE NICE FOR A CHANGE, TO MAKE IT WORSE, MY CAR JUST DIED. THANKS IN ADVANCE.


Answers: You should go to your local church for give support to. They may be able to provide emergency assistance and return with you referred to the right places for more long-term assistance. Also is there loved ones that could help you out? It may be that they are predisposed but unaware of the call for.

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