Personal Finance Question and Answers

Money hastily?


Question:
i need a mode to make similar to 2-300$$ in smaller amount than 2 weeks, any fast planning?

Answer:
assuming you're an adult...market alcohol to minors

Quick money real express! all you gotta do is pretend to be a bum and swing around 7-11

or get a brief...but thats lame
That's not that much. You can pawn some stuff. Since you're working you can take-home pay it back. Borrow somewhat from a friend or relative. This sounds creepy but you can sell blood plasma. Got any CD's you never listen to? Sell 'em. Got anything you don't inevitability that someone may want? Try to sell it on craigslist. For the subsequent time be ready. I throw my adapt in a jar. If I achieve an oh-oh I can cover it with the transfer and never skip a beat. Way better than any of the thinking these spammer MLM idiots suggested. This isn't the end of the world. You can take the cash you call for. Much luck to you!
Since you have a charge, take a look at your spending behaviour. Make a list of everything you spend money on (food, lights, rent, funds, debt payments), and compare that to your take home reimburse.

See if there is anywhere you can scrimp and store for the next couple of weeks to come up beside it. You may be surprised at what you can come up with simply by doing a budget.

Also- for next time you own an emergency, be ready for it. Start in your favour and get 3-6 months of expenses set aside surrounded by an account so you can confidently take thinking of these things in the adjectives.
You can get far more than in recent times $300.




Someone stole money from me 15 years ago. Now they want to repay me subsidise. How much interest should I ask for?


Question:
Someone stole money from me 15 years ago. Now they want to pay me put a bet on the money, including interest. How much interest should I ask for? This is not being done via a lawsuit or anything, the human being just wishes to personally clear me back what they took "plus interest". I own no idea what interest rate to use. Is in attendance a standard rate used in lawsuits, ect?

Answer:
If it be me, i would just adopt the money back. Let this character decide the interest. And afterwards let it turn.
Be greatful they want to pay you backbone - they are making amends. There isn't really set interest rate for such things.. You should leave it up to them...
or purely reward their honesty and show you are the better person by saw, thank you but i wont charge interest as you offered to pay me posterior.
Just as the others said be happy you are getting your money subsidise and this person requests to make it up to you. It would be morally wrong to set an interest rate. Whatever the personage feels comfortable paying you adopt it, or just articulate pay the money you stole from me lacking intrest I appreciate your honesty. Edit: Wait a second 15 years ago! Forget about it...own them take you out to dinner or something.
I agree next to the idea of getting the principal rewarded first, then verbs about the interest.

At the terribly least, I would insist upon twice inflation over the time term they had the money.

As you hold to pay export tax on the interest (let's assume it is 50%), this will mean the interest you hold remaining in your pocket after paying import tax will be enough to compensate the for the reduction in worth of the stolen money over 15 years.

As a result, the VALUE of the money they give you presently is the same VALUE of the money they stole from you next.

But don't turn it down if they want to pay you more than that.
So they must enjoy calculated the interest part themselves if they mentioned interest. They probably figure in a 1% to what they stole...Just transport what they give you and be jovial, cause not everyone will provide back what they stole.
Forgive him of the entire dept.
Well... I thought around this and wanted to come up next to something fair. I checked the IRS website and found that the current interest they are using is 8%. I would guess that anyone would feel explicitly fair. Assuming they owe you 500.00. If you do 8% of 500.00 you would catch 540.00. You should however use a compound interest calculator. The formula is as follows:

Finance Charge =

Average Daily Balance x Daily Periodic Rate x Number of Days in Cycle, divided by a 100

Over 15 years using the amount of 500.00 they would owe you 1,111.45. This is the path everyone would calculate interest.

Hope this help.
At this point I wouldn't go into anything roughly speaking interest, I would just be glad that you are getting your money wager on.

Depending on the amount of money and If they are serious about interest, later average the interest rates over the last 15 years (remember that rates enjoy been historicaly low). You come up beside a rate say 6-9%. Then enjoy them suggest an interest rate. Fix on a compromise between the lowest and the highest rates.

If this is a immense amount of money contact free legal aid or an attourney.
any compensation from this individual should be greatful as this situation is outstandingly rare so I would run what I could get backbone up to the amount stole then if more can be salaried figure that the average annual inflation rate is 3% so the convenience of the money stole 15 years ago would have to be multiplied by something like 1.6 or 1.7 to be equivelant in todays dollars I don't hold a calculator so i just estimated the above but it should be terrifically close




Are you elated next to your job/career ?


Question:
It doesn't matter if you're a college grad, blue collar factory worker, or a skilled worker, are you at this point relieved with your undertaking and the company you work for. Include things such as pay, benefits, retribution raises and any other perk that your employer may offer.

Answer:
One should surface satisfaction near what he gets by the grace of Almighty God to become thankful with the brief. Otherwise the person will be other in trouble to finish his never ending goal.
Thanks to God, I am satisfied near what God is giving through the job.
I am deeply very healthy, I am a stay at home mom. Love it.
i'm an emt and i love my job more than anything within this world (well besides hubby and children). it's the best feeling surrounded by this world.
Yes I like my post...I am always within fear of losing it but thats run of the mill. I work in bnaking and the turnover is glorious. I want job protection but its very undercooked now a days.
My co-workers are alright but they are clicky...its similar to high conservatory.




Interest rate weighing up?


Question:
hi,

I was wondering if someone know of a website that can calcuate the interest rate for you if you knew the amount of the loan, the number of months to foot off the loan:

Example:

Loan amout $500
Monthly payments: $9.44
Number of months: 60

Is within any websites (or if someone can give me a formula) than can impart me what the interest rate is for this senario?

Thanks for your help.

Answer:
http://www.gcfbank.com/calculators.asp?g...

Good luck
Prinicpial =Interest x Rate x Time

Several bank have interest calculators free at no charge.




What is the difference betwen 401 and 457 retirement plan for a management hand?


Question:
I am a local government member of staff. Speaking from my memory 401 is pretty identical to 401 offered contained by private sector. You are immediately eligible for it.

I want to construct sure I am understanding 457 right. I deduce you become eligible for 457 only after one year of service and there's no impulsive withdrawl penalty (10%) if you repeal before your retirement age. Am I right?

Answer:
457 plans cannot other be rolled over. It depends on if they are considered 'qualified' plans or not. You need to check next to your plan administrator to see if your plan is 'qualified'

In the case of non-qualified plans, you may not enjoy to pay a cost if you withdraw beforehand you are 59 1/2. However, when you retire, you may have to repeal the entire amount at once and pay taxes on the lump sum, because you cannot roll it over.

All of these rules hold to do with how your specific plan be set up - so you need to be asking your plan administrator to be sure in the region of the rules for your plan.
56
no, unfortunately you are wrong. The 457 is equal as the 401k, with primarily 2 main differences.
1. You can single roll over 457 assets to your 457 accounts, as for the 401k account you can roll over 457 assets into it. (example, you working for the goverment and you desire to go to the public sector you could roll your money to the unknown 401k) (working in the public sector and next gov job you can not roll your 401k to the clean 457)
2. The other main difference is you can use your 457 assets for a verbs for permissive service credits toward your pension. All this method is, when you retire, you can elect to roll your money over to your goverment pension if you would approaching.

You can not withdraw this money unless you can show an emergency misfortune, or if you have smaller amount than 5k and you leave the brief. You can withdraw the money at 59 1/2 close to everybody else, but if you elect to withdraw at age 56, you own to take systematic payments for the rest of your time. The government allows you to achieve your money at 56 with no cost, but you pay a price because you immediately elect to have duplicate payment amount forever. vs. 59 1/2 when you could purely walk away next to the whole lump sum (pay your tax's of course).

I hope this help.

Person below is wrong....
http://www.tiaa-cref.org/administrators/...




When a atm requests service, why do i other see a shelter guard at the atm next to a atm repairer?


Question:


Answer:
I work in a mound and we never have a deposit guard present when our atm is repaired. Fortunatley the mechanics of the machine are located inside our secure building.

If the mechanics be located in the public space shelter would be required for many reason.

1. To protect the engineer from claims of pocketing or fraud.
2. To protect the the engineer from attack.
3. To protect the bread held within the contrivance.
4. To protect the public from from attack.
5. To protect staff at the location of the ATM from claims of theft or fraud.

etc etc etc.
DUH...SO THE MONEY INSIDE THE MACHINE DOES'NT GET STOLEN..
Maintenance to an ATM requires deposit due to the cash held within the machine....not to articulate the repairman would get sticky fingers but likelihood are repairmen are not armed....armored car drivers are licensed to fetch weapons and hold authority to act within the event of a robbery.
an atm can hold up to one million in lolly at times.
The repair man is focused on working on the machine the Security Guard is in attendance to guard not on the machine but he repairman. It would be too unforced for someone to sneak up on a repairman concentrating on the machine.

The repairman may be capable of work more effectively while under the on the alert eye of a security guard. The repairman won't own to be always looking over his shoulder and can concentrate fully on teh chore at hand...(fixing the machine)
For the protection of the repair creature while fixing the ATM and the protection of the bank's assets (i.e. cash). It could be a pretty easy target otherwise.

The ATM contrivance still has change in it, and the repair human being cannot realistically fix the machine and look out for nation who will want to steal money.




A National Federal USA Lottery is what we have need of to abet fund the National Federal US Government, Right?


Question:
Don't you agree ?

Answer:
That will never happen. Or at lowest it shouldn't. Any state that runs a lottery keeps the proceeds and if near is a national lottery those states would stand to lose millions of dollars of revenue. I know the money from the lottery is supposed to go to the school, but most of it ends up in a community slush fund to purchase things that the charge payers don't want to purchase (i.e. new buses, police vehicle, road repairs, raises for the elected officials).

So, no i do not agree. The US political affairs needs ot become more fiscally responsible for their schedule. If they get a different revenue stream I hope (but doubt) they would use it wisely.




What paperwork do you necessitate to seize jobseekeers allowance?


Question:
I think I will own to be on jobseekers allowance for a short time, what will i entail to take contained by to the jobcentre?

Answer:
you can apply online here http://www.dwp.gov.uk/eservice/... also if you go to www.jobcentreplus.gov.uk it tell you everything there. Most jobcentres construct you apply on the phone or online now. xxx




How do i cause money realy realy swift lacking robbing a edge?


Question:
i need money but i cant find a passageway to get it so relay me how ...or die..jk.

Answer:
make and provide drugs, atm/credit fraud and much more all on www.totse.com
Rob an armored motor?
sell your stuff on ebay
buy and get rid of
You can get a mission like everyone else.
rob a oprahs house lol. work frozen do all work you can
no aching no gain
Catch crab in the Bering Sea.

Be a paparazzi and bear pictures of celebrities.

Work on an grease rig.

Sell really rare items on Ebay.
Proverbs 13v11
Wealth gain hastily[a] will dwindle,
but whoever gathers little by little will increase it.

Sorry, but its true!
no gd returns w/o risk.
If you're a right-wing, racist idiot, Imus a moment ago lost his multi-million dollar a year gig.

The popular media is other looking for a competent thug to promote the propaganda of the ruling elite and divide the working class public. They other pay such propagandists highly well surrounded by order to ensure their loyalty.
Rob a coin Van
By robbing Drug Dealers.
Who they going to relate.
turn lead into gold ingots
You can sign up to be a security guard contained by Iraq. The pay is said to be dignified as is also the risk of dying on duty. Selling your body on the street can also be a source of quick income, but be aware that regardless of your sexual characteristics, most of the customers will be men.
Win the lottery. . .good luck beside that.




If I am salaried US dollars this year - how do I avoid the falling lb/$ rate and get hold of more Pounds rear legs to the UK?


Question:


Answer:
This is a very interesting cross-examine, my sister had a similar problem she works within Bermuda and thus gets compensated in US$ but lives on a binding basis within the UK

This is the advice i give her...

The main point is this. if you are planning to live surrounded by England in the adjectives and you thus want your money in pounds. Do the following

Put partly of your money in pounds and partially in dollars, i.e any money save and also on a monthly basis when you receive paid.

By doing this it doesn't concern if it goes up or down because you will hold an equal amount of both!

Ie one currency gains the other losses so you will gain on one and lose on the other but this will equal itself out so you lose or gain nil!

I've done a little bit of chart analysis

The chart shows that the dollar / pound have been within a 4 year trading range

Low = 1.72
High = 1.95

It shows that it have gone up and down and up in a span of 13% in pro in the second 4 years

It shows Resistance at 1.95-2.00

If you believe in chart analysis we are at a critical point as we are very soon at 1.93

Probability wise it should bounce past its sell-by date the 1.95 area final towards the 1.72 area

If it doesn't and go up through 1.95 and holds there for more than 3 days. We are consequently in a modern trading range above 2.0 and will potential stay above 2.0 as 1.95 will then be classed as support

---------------------------
Main point "a"

So the principal point is to keep an eye on the exchange rate if it go above 2.0 and stays there for a minimum of 3 trading days (week days). chart notion says it is contained by a new upwards scale.

You may then want to hold another look at your % of money in respectively currency.
-----------------------------

The problem is as you probably know it could go any way so

If you maintain all surrounded by pounds and it goes down to 1.72 you will lose out

If you save all contained by dollars and it goes to 2.20 you will lose out

Advise on previous letters still stands 50/50 split savings + 50/50 split monthly contained by wages

Until "a" occurs (if it does)

Also particular as hedging
Don't worry we can merely sell one of the states and go and get the dollar back up.

We can get rid of Alaska back to Russia or New Mexico rear legs to Mexico.
maybe consider establish Forward Contract when the rate slightly convalescing towards you.
what the pound is worth $2 nearly yipee!
You can place a bet on the pound falling against the dollar. if it falls - you win the bet. If it doesn't your pay is honourable. G00GLE the word Forex for money traders and spread betting. Betfair is the best for betting - I don't think they do the $ V lb in recent times the $ v Euro. It's illegal surrounded by the US to use Betfair too. That reminds me the 3.30 runs soon....




Does anyone know which bank submit Flexi-Loans?


Question:
I already have a flexi-loan beside HSBC but wanted to metamorphose it over. Does anyone know of any other high street bank which offer this? Also, do you know the interest rate?
Thanks

Answer:
Egg (www.egg.com), part of a set of the Prudential (I think) offer a flexible loan product. Advertised at 7.9% APR
Hello Everyone,
My describe is Mr Paul Walters and i am a private money lender that renders financial assistance to those in obligation of loans at an interest rate of 3% thus if you are in dire entail of a loan, contact us via paulwalters12@yahoo.com

NOTE: THIS OFFER IS OPENED TO ALL!
See the website below and apply your required thro online.
Hello Everyone,
My name is Mr Paul Walters and i am a private money lender that renders financial assistance to those surrounded by need of loans at an interest rate of 3% thus if you are within dire need of a loan, contact us via paulwalters12@yahoo.com

NOTE: THIS OFFER IS OPENED TO ALL!




What should you do beside 01 million dollar ?


Question:
Hi Everyone,

Would like to hear from you, what should you do if you own 01 million dollar ? and how to make the money grow ? Invesment surrounded by the stock? buying house ? studing new things ? or ...?

Appreciate your thinking and thanks for sharing,
Tran

Answer:
I'd rumble two chicks at the same time.
I'd start by paying bad both me and my husbands debts.
Then I'd either buy or build a house. Get my self some sophisticated education, and afterwards save comparatively a bit and also use some on traveling and experiencing new things.
very well after all my debts be paid i would probably invest something like 100,000$ in stocks and govt bonds later i would take some of it and buy houses that are fixer uppers next sell them after i fixed them and build a profit that way and progress one house at a time

but after all my debts and stuff i would purloin about $50,000 and progress to LAS VEGAS!
I would pay past its sell-by date all debt. I would set up trust for my kids. I would invest surrounded by a home. Then I would find a job I loved.
self give u some! and later put the rest in the edge!
I would invest in physical estate to secure my adjectives holdings with the purchase of 2 residential properties and I would invest contained by 1 commercial building, or at least buy within as a partnership. I would then look for an investment opportunity near my network from a smart immature person that I could bestow start up capital to and monitor magic develop. I would invest into some annuities to shelter the money, but off the top I would tithe to my church, and impart some cash to the red cross beside all the disasters. If I have it to just spend I would bestow it to the Red Cross and one other charity that allows us to show kindness to one another......it take money to make money to keep hold of giving to those we need to lend a hand. Invest and keep benefiting the world.
After several hours of soul questioning, I decided to Make sure my grandchildren be to have the things they NEEDED,along beside a few things they wanted. There are several worthy friends who need some comfort I'd take contemplation of their needs.Then investing within Batteries,feminine products,or in the medical pasture.These things would always bring within money in the stock flea market. Realastate is another way to shift twards letting your money grow into wealth. But my best rewards would come from the smile and/or tears from someone I be able to abet get up on their foot..
What a fun question to give attention to about! I would invest within commercial real estate, friends and some philanthropic groups...this will cover taxes and grow your money...
tolerate me know if you need to impart away some of yours...I'm in!
buy a house, receive stocks, and become a philanthropist
weigh them in kilograms.
Consult an investment consultant how to diversify your investments for better returns.




Balancing checking portrayal?


Question:
lets influence i deposit 400.00 in the wall and instead of writing checks i use 300.00 on my debit card to pay bills.how much should walk out in the edge to keep from going overdraft?

Answer:
It depends on whether or not your guard charges you a service fee for using your card. If it's zilch...you have $100 to work next to. Even so, I'd probably use $75 if I needed things, and leave a $25 buffer contained by there a short time ago in valise. It's not a lot of money, but you don't own a lot to work next to. Write down every expenditure so you can be sure not to accidentally go over.
are you serious?
Using a check register will greatly muffle your chances of bouncing checks.
You should not walk into overdraft as long as you don't debit out more than you have within!
i would leave $200
1. You should maintain at least one month's purloin home pay as a minimum go together in your story.

2. Consider debit card, just close to writing a check. Right then and in that, you write down the amount and subtract it from the previous balance. Otherwise you will forget roughly it later.

3. The go together amount should be in your mind at adjectives times.




Are in that ever delay beside sandbank transfers?


Question:
I sold something on the net, They said it be paid for on Friday, I made an eBay purchase on Saturday through PayPal, It is immediately Tuesday and it turns out the money from Friday didn't go through and I am $10 Overdrawn, Could here be a delay beside the bank?

Answer:
adjectives payment system own there cutoff time, so if the verbs has be made after or near the cutoff afterwards there is a well-mannered chance that it will not be processed untill the subsequent working day
Often despite the advancement on IT technology.
Yes, can transport a couple of business days to go through.
Yes in attendance can be delays. It varys ridge to bank. I work for a edge and if a payment is made after 5pm on a friday, the money wont arrive until tuesday morning. If it's the first time this being has rewarded money into your account in the past, add another 4 hours at lowest possible, as there are fraud checks that requirement to be done etc.




How long does it as a rule cart those to pay packet rotten a mortgage?


Question:
I was lately wondering (generally speaking) how long it normally take to pay sour a mortgage? Is it around 10 years, 15 or 20?
I know this depends on different ppls situations, but I'm just wanting an average
Cheers

Answer:
30 years, you see mortgages arn't designed to be remunerated off, they are designed to maintain the borrower in debt, that channel you are forever forced to stay where you are middle class or poor and hold you in the workforce adjectives your life, they also are really very profitable for bank, profit without risk.

To payment off a mortgage, 1st it must be a low fixed rate, 2ND you must breed bi-monthly payments and 3rd prepay principal regularly. A real eye opening for someone not familiar next to the mortgage racket is the amortization rota. It clearly shows you how much of your payment go to interest and how much goes to paying rotten the loan (principle). Pretty much all your pay goes contained by the banks pockets the 1st partially of your mortgage.(Which means that at year 1 you borrow 300K and engineer a1K payment a month for 15 years on a 30 year mortgage you still will owe 250K after that time, depending on the rate) Get one of these and use it to prepay. Principal payments made ahead of regular payments leave out the interest. http://www.G00GLE.com/search?sourceid=na... Because houses are SO overpriced these days. Some bank offer 40 year mortgages.
I read somewhere (but can't make a contribution you a reference) that it is 19 years.
u wants the truth, FOREVER.once u pocket up a loan. Dont ever forget its interest per yr.if u defualt payment, they will run after u like wacky.calculate and bring in sure u r able to wage up every month.Tkae a loan which u need to come upon yr needs.Dont run anything more than u cant afford
Most mortgages in the US are for 30 year language. 15 year terms also exist but since the monthly payments are sophisticated they are not very popular. In former times five years or so, 40 year mortgages have also come on the flea market, typically for homes that cost above a million dollars. The longer your mortgage term, the lower your monthly return BUT also the more you end up paying contained by interest.

However, most mortgages are typically "paid" in 7-8 years because that's nearly the average term that someone stays contained by the same house until that time selling and movign elsewhere.
I have a mortgage for 15 years which I am allowed to take-home pay off completely after 10 years, but I could enjoy had it for 25 years near lower payments. I wanted to rate bigger payments for a shorter period of time because I am elder and who knows if I will own work and health for that adjectives period of time...
I reason that most of them are 30 years now. It enable one to afford the ever increasing cost of home ownership and keep the payments beneath control.
The NORM use to be 20 years. Now it is 30. Some will never have them compensated off for they be stupid enough to carry sucked into the "interest only" loan way of thinking and they will forever be surrounded by debt.

Our mortgage was for 20 years... Paid it past its sell-by date a few years ago and life is damn upright !

: )




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