Personal Finance Question and Answers

how can i find the ratio of rich to poor contained by america?


Question:


Answer:
These are the 2003/2003 Income figueres taken from the Census Bureau itself.
http://www.census.gov/prod/2005pubs/p60-...

1.MI (Money income excluding realize
capital gain (losses)). . . . . . . . . . . . . . .
2002-2003
3.43-3.37* lowest quintile
8.84-8.83 second quintile
14.87-14.72 third quintile
23.23-23.29 fourth quintile
49.63-49.79 highest quintile

Quintile=20%
within other terms, the top 20% of the population made 49.63% of the income surrounded by america in 2002, and 49.79% within 2003.
The lowest quintile of america (the bottom 20%) mde only 3.43% of the money contained by america in 2002, and 3.37% contained by 2003.

So the ratio between the highest income and lowest income within america is 14.4:1 (49.63/3.43). Every dollar the bottom quintile makes, the top quintile will brand 15.
The U.S. Department of the Census keeps profusely of these statistics. You need to want, though, how you define rich or poor.
ratio is 100:0 All Americans are rich. Even those who dont work seize welfare of over 2000 rupees per week. That is the same as the pay packet of a senior executive in Indian company.
Go to wikipedia.com and enter "poverty." They hold serveral extensive articles on the subject.
federal income guidelines. They set the provery level by dollar amount and how oodles live in your home earn an income.
I work at a non profit




Sites Besides Surf Junky?


Question:
Are there any sites close to "Surf Junky" but not a scam like they are? Legit sites?
Thanks.

Answer:
Jrfisher you might be interested within Agloco. Its not really a paid to surf site as per right to be heard but thats what you get rewarded to do.

You see advertisers will pay so that you can see their ad. They pay the poke about engines, big sites like myspace and how much of that do you gain. NOTHING.

So Agloco is this new site that will remuneration you to surf the internet doing what you regularly do. All you have to do is download their Viewbar. And anyone can do it as long as you own an internet connection. Its also FREE to sign up.

The best time to take in is presently as it is fairly bright. You can build your network so you increase your income.

I don't think its a scam any as I have hear experience internet marketers talking nearly this in a forum. Now thats credibility.

Find out more at the site:




using excel add the interest and principal amount that hold to be remunerated to the lender after 3 years?


Question:
a person borrowed res 5,35,742 from icic ridge ltd on 1/1/2000 at 8.25% interest rate per annum. calculate the interest and prinicipal amount that haqve to be salaried to the lender after 3 years

Answer:
If interest compounds annually, the total amount is calculated as
Amount = Principal * (1 + rate)^number of years

Using your numbers:
Amount = 535742 * (1+.0825)^3 years
=679578.15

If interest is compounded monthly , then the Amount = P (1 + r/12)^number of months

Amount = 685607.84
This is much easier to do near a financial calculator such as the HP-12C.




I enjoy Wamu Direct Deposit. Why are my funds not available around midnight?


Question:
My funds have other been available as precipitate as 9pm but no later than midnight the darkness before payday near other banks but next to Wamu it seems that my funds are not deposited until much then. Is this a way for them to manufacture interest off of my deposit?Where's my money until 3 am?

Answer:
I'm a desk clerk supervisor at a bank and I know that when you take your deposit sometimes depends on the different time zones. If you're unloading your direct deposit at 3 AM it could be because the bank is going by a different time zone than you. You might want to contact your edge and ask them if this is the reason.




I inevitability to borrow 3500 for in the region of eight wks. Can someone please give a hand. I promise I will repay prompt. appreciation?


Question:
I will use this money to pay rotten a smaller loan with my 403b retirement and re- borrow a larger amount. This is a turn around of give or take a few eight weeks. I will pay 20% interest. Desperately have need of before the 15th of December. Email at cindy207d@yahoo.com.

Answer:
Why not ask to loan money from your kith and kin, friends or a bank?
No offense intended, but I can't dally to see the responses to this one!
cant personally aid you, but you can try for a peer-to-peer loan (new concept) @ the only website to grant it ! http://www.prosper.com
I THINK YOU MISUNDERSTOOD THE SUBJECT TITLE OF PERSONAL LOAN. THIS SITE WAS NOT MEANT FOR PEOPLE TO ASK TO BORROW MONEY. IT WAS MEANT TO DIRECT PEOPLE TO POST THEIR "PERSONAL LOANS" QUESTION IN THE RIGHT SUBJECT. IF YOU DO GET LUCKY , FINE, BUT I DOUBT THAT YOU WILL.
Hello.
I am a Private Lender by Nature and I think i can serve You Get The Loan You Required,That will be If You are still interested.My Interest rate of 0.2% Is fair adequate.
Contact me Via email,richards_loan_agency@yah...
Or Call me Directly on +447011137447.
I will be waiting




Money Order press?


Question:
I made a money order from my edge, but they told me they don't put the name of the company. So for the final print I arranged where it say 'to the order of", I put the term of the company. Because if doesn't say a autograph can someone else claim it? If I put the name of the company will the money writ still work?

Answer:
you filled it out correctly
Yes, remuneration to the order of = Who the money is person sent to.
The name of the company is fine :O) They will know how to cash it.
The identify you put on the (to the order of) is the entity or company that you want to receive and be able to bread the money order. It can solitary be cashed by the person that their term is on it. Your going to have to lift it back where on earth you bought it at and have them product you out a new one.




What percentile are you if you construct nearly $110k/yr?


Question:
both compared to the general US/Can population...and also compared to solely other working or income producing people?

Answer:
90/100%




Is near a reduce to how tons times you can verbs a lolly mini isa surrounded by one due year?


Question:


Answer:
No limit.
Unless the bank get feed up with you and veto you. Also every time you change at hand is some delay during which you lose lb interest.




How much should you spend on rent as a proportion of income?


Question:


Answer:
We actually dont' spend that much, but we live surrounded by this northern mining town where populace make below 100000/ year and rent is like 2500/month. Crazyness.
I believe that 20%-25% of your income is rule of thumb. When an apt. complex researches your annals, your income is a factor whether they accept you or not. They build sure that you can cover rent by comparing the rent to less than or equal to 25% of your income.
those say it shouldn't exceed 20% but to be precise not the case for most race
25%
25% if you are lucky
Crazy, but I pay 45% from my income.
And it is considered as a low price within the city. The prices in my city surrounded by average is my 100% salary.
Hate it!
The rule of thumb is one week's filch home pay. So if it is not satisfactory, you still need roommates. Thank Bush for this.
If you are surrounded by the mid west consider buying a condo.

Even better a duplex and let your neighbors clear the mortgage.
34 % of you income.




Can I grasp a Living Will on Line?


Question:


Answer:
You can get a template for one... but you dont really have need of a template. Basically all you involve is a statement signed and notarized by you. It doesn't have to enjoy fancy wording to be legal.
Yes - near are several websites that have them.
Yes Legal Helpmate provides this service, which is a fraction of the cost of an Attorney. I be very cheerful!
worthless documents. If you have a power of attorney, they can over ride the living will. If you still want one legalforms.com have othem.




How does depositing money into a Checking Account via ATM work?


Question:
I've just lately opened up a checking explanation (I'm 17) and got my checking card (debit).

I be at the ATM earlier and deposited money and, at first, confused, but go along with the steps of the process on the eyeshade.

I was confused as to-

How you basically take an envelope, toss your depositing amount surrounded by it, lick it shut, and stick it in the depositing slot.. and boom it's within your account.

How does that work? How does the domestic device know that you put the amount you said you did into the envelope and into that slot?

I'm confused.. heh. Thanks.
And please, no one telephone me stupid.. you once were confused too I'm sure. =/

Answer:
Hi Ryan,

That's not a stupid sound out at all.

You overrun out the envelope with the correct information (Name, side number and deposit amount).

You key contained by your PIN at your bank's ATM and select "Deposit."

The magnetic strip on the stern of your card has your personal information, which will game the information on the envelope. The amount you key within will match what you wrote on the envelope. This is the bank's channel of doing checks and balances (no pun intended).

There is a hold on adjectives funds (with the exception of the first $100, which is immediately available) until the dune can verify that the funds are actually here.

If you deposit an empty envelope, you will be credited for $100 urgently, but when the bank finds out within a few days, you'll be in Big Trouble.

I hope that answered your grill.
the machine types adjectives the data on the envelope than the desk clerk gets the envelope and read the envelope and checks the amount in the envelope

if you look in your bank, they are bullish to explain how these things work
the machine doesn't if truth be told know, and a lot of ethnic group have tried what you are asking almost and have be arrested and prosecuted for it.

Most banks will automatically suspend your ATM card and mound account as soon as they see it.

Don't forget to spread out that account you give a ton of information so tracking the person down really wont be an issue (SS#, Birth Certificate, driver's license etc).

Considering most ATM will one and only dispense 500.00 max. that a small amount of money to "borrow" for a few hours, they will catch who does it and I guarantee the interest rate will be pretty lofty.




Are most of the question made up by online businesses to seize you to log within to their website???


Question:
Seem like like mad of these "I need money quick" are purely a free ad for stupid online companies.

Answer:
Absolutely...and like mad of the answers are too. They direct you to a website that has zilch to do with the interview and if you check their history, you see that they posted the same answer on a dozen question.
But all they requirement is one gullible person to start innards out their surveys and they are set.

To learn more going on for this topic and further opportunities, progress to my website...just kid.
THEY ARE SPAM SITES.
AND PEOPLE ARE STUPID ENOUGH TO FALL FOR THEM..
Yes, because you always attain answers from a brand new user. Click on their mark and it's today's date that they signed up.
Just flag the answer as spam.




how to brand money really hastily for christmas?


Question:
i need to put together about 4,000 dollars for a sports car and i need it earlier christmas... any ideas?

Answer:
Oh this is too effortless. Your name is sexiredhead and you don't know how to put together a bundle of money working a few hours in the evening? Come on, sweetie.
I reckon you can get the personal loan...
yup, take a personal loan.
try your local loan agencies.
they are always calling and BEGGING us to borrow money this time of year.
prostitution
try a color copierjust don't bring back caught...this is supposed to be a joke for adjectives of you that understand that
why don't you try to put up a 'seasonal business' a business simply right for every season that will come . . . . for example , this incoming Christmas, why don't you sell some goodies similar to home-made chocolate lollipops or any item that will fall underneath. then deliver and put up for sale it to different shops or stores available
I hope some of the answers above were (poor) joke...

Here are some of the fastest ways to earn money:
1. Blogitive if you're a blogger. They pay weekly by paypal.
2. ItPaystoLearn and MaviShare are sites that reimburse you to sign up for trial offers. Some of the payments are payable in 24 hrs-by paypal.
3. AssociatedContent pays you for articles that you write on whatever topic you choose.

There are several other ways to earn money from home using your computer, but you may not be able to lolly out before Christmas. You can still use them to earn money for the adjectives.

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That is alot of money and not much time. Maybe you can go to a research facility where on earth they pay for medical studies. They use you as a human guinea pig but it is technically safe and they pay envelope well. But they dont income until you finish and they conduct the studies on a time schedule. We own two or three that I know of here.




can husband&wife combine IRA'S account's?


Question:


Answer:
If you are both still alive...you may not combine your IRA accounts. Each of you may combine all of your own personal IRA's into one specific vindication...but you may not combine a husband's IRA with a wife's IRA, etc.




Best style to earn/raise money?


Question:
So, the spanish teacher at my conservatory is from Guatemala. Today in class we be talking almost Christmas break and she said how much she wanted to spend X-mas near with her house. I thought, what if we raised the money for her to dance? So everyone likes the opinion but we want to know what to do. So do you have any thinking of really good ways to bump up money (like ones that have worked powerfully for you before or freshly ideas)?

Answer:
everyone put in a euro
overheat sale. neighborhood garage Dutch auction. you can also form a charity run or something like that. But I doubt you'd hold enough time to acquire enough and achieve a ticket by xmas
a job?
Setup a contest that requires participant to buy tickets. Make it something that costs nothing except ticket stubs and time.

Give the champion a portion of the money raised, and contribute the rest to your teacher.

Make sure its something most associates can do, and there is luck and skill required.

I did a similar point in my department with a pinball tournament. Tickets be $5 and the prize was $50. We raise only $145, but one and only 18 people participate. If you have access to more folks, and get aid with selling tickets, you could tilt a lot of money.
Hello i did something resembling that for my teatcher a year ago . try makeing a fundraiseing sheet like this examp::
term # adress donation








and then mitt then out to your friends n student progress door to door and ask would you like to construct a donation to the teachers option of a christmas or something.. hope i helped :
)
Organize a motor wash contained by warm regions or shovel the sidewalks for individuals in snowy regions.

Good luck!
You can put up for sale crack, with the profits, you can adjectives go to Guatemala.
you could formulate holiday cards or wrap presents for people, run errands, verbs your house/ do chores, or organize some fundraisers approaching selling chocolate or somthin even though it may be a little deferred for that but w.e., bake sale, a party and charge for permission or refreshments, caroling just within time for the holidays!, and you could also try to just capture simple plain donations like everyone to be precise her student bring 2$ or 3$ that should help or you could do a raffle or an art auction using pieces students made
We would put up for sale tickets and the prize is a homemade cake!

We also had a garage mart.
Forever Living Products are a home business looking for more people. Their enlistment site is www.efi-international.com

They are a $2 billion company backed by Dti and Office of equal trading and you can work at home doing it. Typically people return with lb1200 per month after 5 months with no investment required

I importantly recommend them




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