Personal Finance Questions and Answers

Can you transfer money from another card to your green dot card?




Answers: If the retailer that sells Money Paks will accept a credit card, then you can use it to add money to your green dot card.

What settlement should we agree upon?

I do not know if this is the right category.We are nearing a two and half year officially recognized case concerning medical negligence and the extermination of my father.He was an otherwise fit full-bodied 61 year old,still working postman.My father other said he would work right up to retirement age 65 and above if allowed,so theoretically he have 4 more working years.But what we his family would similar to to know is,what should be a reasonable settlement,bare in mind funeral expenses,loss for bereavement etc and loss for yield.Could someone give us a integer of what might be acceptable to agree upon.


Answers: You are going to draw from some really stupid answers here probably. I would advise you to be guided by your' attorney, he is the best one to help you. Sorry you lost your' father. Good luck.
I believe that your lawyer will transmit what you 'can' get from a letigous perspective and that will be determined by who and how much neglegence near was.

The biggest portion of the suit will be for the clearance not due to monetary losses but emotional duress due to the untimely loss of your father. How much would it be worth to enjoy your father around anther 4, 6, 10 years. This will be up to the Jury if you go to trial.

If your attorney doesn't feel that the neglegence crust is very strong, he may be pushing for a settlement. There's without a doubt two years worth of fact finding that go on. It's really up to you. Nothing can replace the loss of your father but hopefully you can find some solice in the settlement money.

If the settlement is too large, it may turn to appeal. So the next step will be to determine how discouraging you just want to put this aft you.

Good Luck and I'm sorry for your loss.

Should I focus on paying credit cards quicker and gather smaller amount or amass more but wage smaller quantity credit cards?

I owe 5,700 on credit card with APR of 18% and 1350 on BestBuy credit card beside no interests for 2 years. I'm making 1200 paychecks every 2 weeks.


Answers: PAY OFF THE 5700 AS FAST AS YOU CAN..THEN CONCENTRATE ON THE BEST BUY CARD...WITH NO INTEREST FOR 2 YEARS LET THAT ONE RIDE FOR A LITTLE WHILE..BUT PAY THE OTHER OFF FAST AS YOU CAN.......IT BUILDS CREDIT TO PAY THEM OFF AND NOT JUST MAKE THE LOW PAYMENT FOR YEARS...
Pay off debt
Pay stale debt
Pay off debt

Any question?
That $5700 is costing you $1026 a year in interest a moment ago on its own. Wouldn't you rather spend that money on something you want, a bit than interest on a credit card? Be careful of cards next to no interest for 2 years -- you'll find in some instances that they charge the entire 2 years worth of interest if here is any amount outstanding at the end of that time.

If you save your money instead of paying off the cards, you would never be better sour. First of all, that income from investing it contained by a bank story would be taxable, so you'd have to repay tax on the income. Secondly, there's no way you'd obtain 18% interest in your show partiality towards at a bank. Other, more risky investments might procure you this money, but they're also more likely to lose you money too.

Paying the loan stale, however, effectively saves you 18% on what you own paid sour. It isn't eaten up by excise, because it isn't 'income'. The longer you have the debt, the more it costs you surrounded by interest. If you paid as much as you could possibly afford, you'd enjoy no debt in no time. Paying the debts bad as soon as possible is the best investment of your money, because it is getting rid of an unnecessary expense, and thus freeing up surplus income.

$600 a week is far more than I make, and I'm paying sour a mortgage within 5 years. I don't enjoy a credit card, because they're a waste of money. So retribution off those debts, and salvage yourself a heap of money you can spend on stuff YOU want to spend it on, not a lousy interest bill!
as you would expect is makes well-mannered math sense to pay of the high-ranking interest card first..but.if you are serious about cleaning up this (relatively minor) amount of debt..start w/ the smallest go together first and pay every extra cent on that bill while a moment ago paying minimums on everything else..

This would accomplish two very influential things for you:

1) you'll free up a min pymt amount to apply toward another debt and ..
2) YOU might actually be aware of like you trained something and want to keep at it..

If you are serious...it won't hold you that long to pay it adjectives off so I wouldn't focus on what the 18% might cost you if you pay cheque the little balances first...

Also, once you salary this debt off..you can start good some real money..
Cut the cable bill and work at Mcdonalds on Saturdays...you'll be debt free by Valentine's Day 2009 or sooner!

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