Personal Finance Questions and Answers

Can I claim my interest on loans which are still outstanding?




Answers: can you claim unborn children --- get real == the answer is no!
Generally no, except for your home mortgage loan interest.

Can i hold a raffle for my own personal gain?

if i sell tickets for $20. and give an account the people buying them that adjectives the proceeds go to me, but i would be raffleing bad $500. could i do that as long as the people buying the tickets know that i was keeping adjectives the money but still buy a ticket in hopes to win the $500. I live surrounded by CA BTW.


Answers: That would mean you are operating a casino minus a license. But you could pull it sour (illegally) if the 25 people didn't report anyone. If they did, you can use the $500 profit for bail. Hee-hee.
NO it is ILLEGAL and u will go toJAIL.
gratefulness for the giggles.
What you propose is undemocratic and you will go to lock up if you are caught. I've never seen the inside of a lock up cell. Please let us know what it's approaching!

Looking into a compact disc or money flea market rationalization.?

I am looking for a way to invest around 5-6K in a elevated interest plan of some sort. I am not sure if a cd or money market hoard account is the best opening to go. I am looking to own a term of 6 months or so. How do I opt what to do? How does the interest compound on a cd? Is it worth it to just use the money to payy stale credit card debt or let it collect interest somewhere?


Answers: earlier you save you call for to pay sour your debt, it's the best thing to do, right immediately CD rates are not that great, Bank of America offer short terms CD's they own a 11 month CD but you could repeal after 7 business days with no penalty... but you should pay your bills rotten.
Pay off the card. Best you can capture in money souk is about 5% and the card interest is costing you much more.
Not self critical, do you think paying interest on a credit card is perceptive? If you can't pay for something, don't buy.
Pay the card down. Not lone is the interest probably several times what you'd earn in money, but rates will probably go up this year, so that reliable customers will foot the bill for the defaulters to minimize the banks' losses. See the article below.

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