Personal Finance Question and Answers

How outmoded do you own to be to apply for a debit card?


Question:
I personally don't resembling to carry bread around and am thinking of applying for a debit card. Anybody know at what age you must be to get a debit card.

Answer:
You hold to have a checking reason to get a debit card. You own to be 18 to be the sole holder of a checking account, if you are beneath 18, then you will call for someone over 18 (a parent, for instance) to co-sign the account next to you.

I was merely 16 when I opened my first checking picture and got a bank/debit card and my dad be the co-owner of my account. Nothing is different except that he have access to my account so clear sure it is someone that you trust.
Im pretty sure 18.
You don't apply for a debit card, you open a checking portrayal. I am sure that you have to be a enduring age to open one, but I hold no idea what to be precise. Call the bank that you are interested within getting an account at.
18
It depends on your sandbank, really. Most checking accounts these days automatically include a debit card. I know you can unseal a checking account at age 16.

Call around to your local bank and ask what their policies are.




ShareBuilder vs. SogoInvest?


Question:
Well, I pretty much had the entire weekend to play around near both ShareBuilder and SogoInvest. Am I wrong to say that ShareBuilder is not as confusing as SogoInvest (Keep surrounded by mind that I am new to the stock world)?

Also, since I will be making few...if any...trades, wouldn't ShareBuilder fit my requirements more? From what I understand, the solitary disadvantage that ShareBuilder has over SogoInvest is the reality that it is $16 to sell, while the other is $3. Am I missing anything?

Answer:
I am pretty sure adjectives of these investing sites nowadays are pretty much impossible to tell apart.




Net worth at 22?


Question:
What was your lattice worth at age 22. And, when did your net worth cross that 20k splotch? assets+equity+cash+investments... DEBT

Answer:
Probably about -$25,000. Damn you overpriced university!
My trust fund be worth about $3.6 million when I be 22. Does that count?




Capital One checking article....?


Question:
OK-- if I have a checking statement under both our name, like "John or Jane Smith"... do I necessitate John's signature to close out the account? Or can I do it by myself? The tale is in Texas near a Capital One bank.

Answer:
IT DEPENDS ON WHO IS PRIMARY ACCOUNT HOLDER,ONLY PRIMARY CAN CLOSE.
As long as it is a reciprocal account next to right of survivorship, you should be able to close it out. Unless they enjoy some strange or different accounts at Capital One Bank.

The only time you wouldn't is if it be tenants within common which would just allow you to take 1/2 of the sketch out.




Net worth at age 22?


Question:
What was your network worth at age 22. And, when did your net worth cross that 20k sucker? assets+equity+cash+investments... DEBT

Answer:
Dan,
Are you saving on a regular reason? If so, congrats at your young age you are on your passageway to becoming a millionaire

RS
-$10K @ 22
+$20K @ 32
+$1.1M @ 42
im rich *****. thanks to daddy.


step answer my question. im within quite the pickle. (What should I read out to him out of the following...?)
im 22 and i have some stuff but also alot of debt so im probably surrounded by the minus.
I was a worthless SOB until around age 50. I'm still not terrifically useful.
my network worth at 22 WAS nothing.
Lets see, I'm 20 and my network worth is about a splendid?
A negative 80,000. College loans suck.
it depends.

did you stir to college and receive a 4 year degree? that unambiguously ups your worth.
-$8,000, im an idiot!
negative 5 dollers i still owe mc donalds
Yes. I have crossed it when i was 22....Just lol
www.humanforsale.com
That will transmit you.
Well, you're not famous, so probably nearly $1000-$10,000.
At 21, I broke the one million net mark off, so I imagine that at 22 I would own been somewhere around the US$1.2 million sucker.
-$6000 due to education debt
mine is probably at $5K , although my debt is like a shot diminishing, it's just devout to be on the positive side now! I am 22 presently.
I don't know at 22...I probably made about 13,000 a year while going to college.

I'm 25 very soon, about to finish my first year coaching. I only create 25,200 a year (but w/ fully paid medical), plus I'll be working another career this summer for 8.60 an hour

I just bought a unusual car (15,000) and own about 8,000 surrounded by college debt. I think that's in the region of it. I have be smart and have adjectives my credit cards paid past its sell-by date.
4 bucks at age 22

fast forward to in a minute at age 42....around 800K
go to a edge and see how much you can BORROW on just YOUR SIGNITURE!! That will represent 50% (fifty) of you TOTAL network worth then include your: assets+equity+cash+investments...

And thats a close Answer!

I passed 20k @ 17
Never have anything and most likely never will. I do live economically thugh and have no worries.
My lattice worth at 22 was tremendously close to zero. It wasn't long after that, that I woke up and thought possibly I should do something about that condition.




Could i hold a dog?


Question:


Answer:
if you mom says yes
no dog for you
If you enjoy, most importantly the time and affection .... and money for food, supplements and emergency in baggage something happen to the dog. Keeping a pet is a huge responsibility, please do not deed on impluse. The dog depend on you for the rest of it's life. It cannot find a position and support itself.
Do you promise to take attention of him? Take him for walks? Even when it's cold and raining? Clean up after him when he makes a mess? Yes?

Ok. You can hold one. Go tell your parents I said it be Ok. Congratulations!




Calculating expected returns?


Question:
hi can someone help me next to this question? Thanks
Given the following probability distributions for Stock A and Stock B:

EconomyProbability Stock A ReturnsStock B Returns
Good0.530% 50%
Bad0.50% -10%

(a) Calculate the expected returns and the standard deviation of returns for Stock A and Stock B
(b) Calculate the expected return and the standard deviation of returns for a portfolio next to 40% invested in Stock A
60% invested contained by Stock B.

Answer:
I'm pretty sure that the technique for calculating this is in your textbook.




Do you own money?


Question:


Answer:
yes
More than most but nat as much as i want.
Enough. Together..my bf and I make around 2200 a month.
Not Enough! I am addicted to self-deprevation and warfare inflation. RETIREMENT BY 35!
Never enough.
Yes. How much do you want me to transport you?




If a sandbank have $6,000 surrounded by checkable deposits and the required reserve ratio is 0.2, after the mound can lend?


Question:
If a bank have $6,000 in checkable deposits and the required reserve ratio is 0.2, next the bank can lend
a. no more than $4,800
b. $16,000
c. $1,000
d. no smaller number than $3,000
e. $4,000

Answer:
Can I use a lifeline?
A
a




Bankruptcy and life-size workman comp award?


Question:
Ch. 13 and workman compensation award?
do you have to notify a trustee when you recieve a ample (over $12k) workman compensation settlement? Or hire an attorney for family court? I am struggling to find informaiton but hitting a deceased wall! Any links would be helpful.
I know someone who get a large award and did not pay packet any on their bankruptcy and I be wondering if they were wrong to fo this....

Answer:
I really regard he has to foot on it.
My ex did!
Good luck!




Inheritance press: you enjoy considerable debts; are paying them rotten lb1 per month thru CCCS; you suddenly?


Question:
inherit.......can your creditors find out you suddenly have chief assets?

Answer:
Yes.
You owe the debts, you've had oblige in paying low payments, so why be a deadbeat? Pay the bills sour and have some self respect!
It depends how discreetly you manipulate your new found richness. You should open a modern bank description for it - preferably with a different guard - as your existing accounts are known to your creditors.
They can find out.
Not unless you update them or they are in the way of trawling through probate records. They dont enjoy access to your bank accounts and the mound is not obliged to put in the picture anyone whats in your story unless they suspect fraud or money laundering and next it would be the police they tell.
But if they ask for a review, you would be totally naughty not to detail them about it.
yes so the best point to do is to is pay stale all your depts and start a fresh
The CCCS are funded by the credit industry.




What tablets should i use for allergires?


Question:


Answer:
claratin d
why is this in the nouns section?

allegra d is the merely thing that works for me but you requirement a prescription.
I just watch an episode on Oprah, her guest was Dr. Oz and their demonstration showed a Nette, (I mull over thats the way to spell it) but, this is supposed to be a method to clear and clean the sinuses beside having to nick medications, hmmm, but next again you did not mention what type of allergies you have?




Can a 401k fund company close my explanation for person dormant?


Question:
A large fund company closed my portrayal after 2 years and sent a check for the funds to a former address. They realize it wasn't cashed and say they will eventually dispatch a check to my new address. Does this violate t-5 rules and couldn't I hold got contained by trouble for not claiming the check on my tax return the year they sent the funds in need my knowledge? How much time do they hold to send the check?

Answer:
If it be a 401k then they can lone send a check to you if the depiction was below $1,000.00. Doing so doesn't violate any rules. In fact most plans try to do this. It's the automatic lolly out rule. And, yes, you would have to database an amended return UNLESS you can convince them to file an amended 1099-R for that import tax year. You have constructive tally when it was mail not when it's received. After all, it's your responsibility that the address was incorrect.

Hate to be the bearer of discouraging news but they did things right...IF the distribution amount (your share plus taxes) is beneath $1,000. That number is not set in stone though...if they vanquish a deadline that passes a few years ago they could hold distributed up to $5,000 without your consent.
I don't deem you will get surrounded by trouble for not claiming if you explain the situation. I am not sure if they have to dispatch it all posterior since they did try to send it once and its not within problem that the address was not updated.
How behind the times are you? If you're younger than the distribution age, like, 59 and a partially, then you carry penalized for taking a distribution! You're supposed to roll it over into one of those IRA things. Get near your financial adviser and gossip about the rollover!
You enjoy 90 days to roll over 401K refunds into another duty deferred retirement option. If you don't hold the funds, then you shouldn't enjoy to claim them. If you had to claim them contained by last year's taxes, the fund company would own had to convey you a 1099.




Bankruptcy court?


Question:
How do I get info on a collapse that happened contained by 1986.

Answer:
Contact the specific bankruptcy court that file it. Usually a district bankruptcy court contained by the state they were living within.
This information is open to public, so you may find some relevant information on the Internet. Or you will own to make a trip and settle to a Court Clerk who may or may not provide you with this information.
Good luck.

You can try the clerk of the court and the petitioners attorney, assuming the petitioner doesn't enjoy the records. For a skin that old nobody is going to hold the records, because not a soul cares.
Try a credit report it can confer some details details. Some filings is also public record.




How can i lolly a crossed postal lay down?


Question:
someone paid for something they purchased sour me from ebay with a crossed postal direct... i took it to the post office to bread but they said they can not do it and that i need to put it through my guard, however i dont have a guard account! how else can i dosh a crossed postal order? its surrounded by my name.

Answer:
If it's' a postal money decree, the post office must change it. Perhaps you misheard? Perhaps it's a fraudulent money order, and that's why they wouldn't dosh it.

Ah, I just looked up what "crossed" Means, and your money directive is invalid. A bank won't lolly it either. Send it vertebrae to the purchaser and demand a spanking new one. If they don't send one within a reasonable amount of time, wallet a non paying bidder complaint on them.

This is a very lofty risk way of doing business on eBay. A huge percentage of money directions used to pay for eBay purchases are deceitful. Pay Pal is the only sheltered way to step.
The PO is right: a crossed postal order have to go through a mound. You could either exchange it for bread with someone who have a bank explanation, or use it in quantity payment of something else, or as a ultimate resort send it support to the person who bought the item from you and ask him/her to send you an uncrossed postal direct instead. One other idea: use it to widen a bank article (you'd have to provide the bank designation and proof of your address) and draw the money out in change as soon as they'll let you.
have to go through a wall account sorry.when selling stuff again mention if sending postal proclaim not for them to be crossed,then you can brass them at post office
Inform the Postal Service that you own no bank details. Speak to someone that looks at least competent. I have a similar situation with the postal service and vowed never again! Take ID etc. Other than that, put it contained by Pay Pal!
You can't cash it. You enjoy to pay it into a mound account.
You will own to open one.




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