Personal Finance Questions and Answers

Does any one knows about usgoldline credit line company? pls advise if it is worth keeping the credit line. th




Answers: no and if this is one of those companies that you receive in the mail with out asking for it i would pitch it and move on with my life!
If you do not want the card -- pay it off and cut it up

How can you earn money effortlessly for concert tickets but not using a complete bunch of money?

Im trying to find a way to bring in money easily contained by my neighborhood, so i could buy these tickets to the Jonas Brothers.Please help me near this cause I really want to travel to the Jonas Brothers Concert with my friends.The in one piece thing costs $311,please backing me!!


Answers: You think that it is a suitable idea to salary $300 to go to a concert?!?!!?

Really?

Baby-sit
Mow lawns
Pull weed
Do chores for an elderly neighbor or relative
Deliver newspapers
Collect and recycle aluminum can
Rake leaves
Shovel snow
Walk dogs and/or train them
Bring in the papers for neighbors when they are on leave
Wash cars
hahahahaha lol mee twooo
we both are saving money for like thing funny
so please assistance us peoples!!

Is better to spend or save and why?




Answers: Some of each depending what you want out of life. If you spend you can have cute stuff now and vacations even get into debt to spend more. This might lead to working until the day you die and never owning a home.
Saving for things like a home and retirement might mean giving something up now but you have the peace of mind of knowing you have financial future.
Saving for an emergency fund and staying out of debt means you can make your own choices in life and not need to beg a loan from parents or go to a payday lender and save a fortune in interest.
Try saving 20% for the next 5 years and see how it feels.
It depends on what you're spending your money on.

If you're spending your money on consumable rubbish like nights out, holidays, bigger and bigger televisions, brand new cars, and household appliances, then it's better to save.

If you're spending your money on things that earn money for you, or increase in value over time, like property or good quality shares, then it's better to spend your money on these things than just save it at a very low interest rate. Over time, your purchases will be worth more, so it will be like you didn't actually spend the money, value wise. Long term, this is how many people make money.

However, investing in property and shares often requires some degree of saving, either a downpayment or some money to invest. So as long as you're balanced with your spending and saving, and spend the a good proportion of your money on long term assets, not depreciating things like cars (cars aren't good, they go down in value over time. Their only value is that they get you from A to B, allowing you to earn money) plasma screen televisions, and nights out at the pub, you will come out ahead.

Spending money on consumables like cars, new televisions, and entertainment will not lead to long term financial security. It will buy you some cheap, short term fun, but nothing of lasting value.

So, a balance between good spending and bad spending, and saving your money, is the best formula.

Best wishes

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