Personal Finance Questions and Answers

My monthly income is 5000$,but no saving.What is the best way to increase my income and save it.?




Answers: Plainly speaking, you are living beyond your means. You need to cut back your spending or increase your means. Cutting spending is self-explanatory. Increasing your means involves getting another job, getting a better job, or working for yourself. You don't tell us enough about yourself to have us advise you how to do that. All that being said, try to reduce your spending first. I don't know anybody who doesn't waste money on something they do not need. Good luck.
you need to learn how to live BELOW YOUR MEANS. while it is always great to make more money, you need to set up a budget and stick to it, alsways allowing yourself to put savings in FIRST!

When you get a raise, bonus or other money, put THAT into savings too. Do not adjust your lifestyle to the additional money that you are earning. In not time you will have a decent savings amount

Take part in your company's IRA and 401k plans to the maximum amount allowable.

you will have amassed wealth in no time at all
I am not sure on how the money gets spent every month. But for that kind of take-home money, I would budget it as follows:
Mortgage, house tax, utility bills: < $2200
Food and misc: < $800
Vehicle(car payment/service/gas): < $1000
This would save me $1000 per month. This definitely involves adjusting lifestyle and cutting costs. Certainly can't afford a million dollar home mortgage with that kind of income.
check out www.daveramsey.com He has just an old fashioned, live within your means plan to accumulate wealth.

How long before the US $9 trillion debt doubles to $18 trillion?




Answers: Well I am not much on politics. But what I have heard from Mrs.Clinton it will only be a matter of weeks if shes in office. But in reality it will prob. take 5 - 10 years unless we hold the polictians accountable for their actions. ALL of them
Oh yeah, as soon as you can name which spending bills George Bush vetoed, then you can blame the democrats.

Anywho, regardless of who gets into office (at least out of the two major parties.) Getting up to $18 trillion is not out of the question as long as the US keeps a presence in Iraq. It is costing us, $275 million per day. There are two options here.

1) Raise taxes to pay for the war

2) Stop paying for the war

How much more debt do we need to get into with China?

How do e-cheques next to paypal work?

Ok paypal says it take 9-10 days to clear but the very subsequent day the item cost come out of my bank picture where does the money be in motion? but it hasnt cleared yet. Will it come out of my hill account or have the money gone to somewhere in the middle for it to be cleared? HELP please


Answers: it go to the e-check company. if it's out of your account it's gone.
No i hold spent a lot of $$$ on eBay and use pay cheque pal adjectives the time so when you pay for something next to pay chum it is taken out of your acc. like NOW.......

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