Personal Finance Question and Answers

If u have 500 dollars what would u spend it on?


Question:


Answers:
I would buy a travel agency with YTB (if I didn't own one already). Excellent commissions, tax benefits and travel credentials. The company have a great compensation program. Things are going well.

I already hold so my next choice is to use the money to turn to the YTB convention. My mother-in-law has have to move in beside us, so we are on a tight budget and I had to fund out of going. $500 would cover the added expenses in proclaim for us to go again.
something that cost $500 =P
Buying some top stocks and try getting more out of it!

Thats how you can trademark it 5 million as well
first, clear up credit card debt - on the spot rate of return at 18% or greater. Then I'd hit the stock market, or trade some option.
Paying bills.
Well 500 dollars is not really a lot so, if it be just xtra beyond bills and grocery money I would buy respectively of my 2 girls an ipod. They both want one really badly. And after a get them respectively a couple of outfits for the new university year.
I'd save at lowest half of it... and next to the other half I'd buy a topical cell phone and some clothing...

What would you spend it on??
I would really get mired on some of my minor bills.


Where can a single womanly find give a hand short going to welfare for financial helpsomething lawful and prompt please


Question:
i am not working at this time looking everyday . i enjoy a room 160wk rent and i am two weeks bethind where can i find trial and fast lend a hand God Bless! Please help me

Answers:
What do you know how to do? If you don't own any previous work experience, then what type of work are you interested contained by? Chances are you are going to have to start at the bottom and work your agency up. I know that the medical field other looking for people. Get a charge as a file clerk, and see if it go anywhere.

Then to make bills, find a second errand as a server.
You don't say where on earth you live, but in lots of places, $640 per month is profoundly for renting a room. Do you have a friend or relative you could stay near for awhile, until you get rear on your feet?

You call for a job, openly. Try going to your state's unemployment department. They usually have a livelihood bank of some sort (at lowest we do in NY). I don't know what your skills are. If you don't hold any special skill (go back to arts school later, once you're posterior on your feet) - apply at grocery stores, dept. stores like Walmart, etc. They repeatedly have suitable entry level job, which might even lead to better job within impossible to tell apart company.

You might also want to look in your phone book to see if in attendance are any social service agencies that could help you find a profession, or less expensive places to live. If you're aft in your rent in a minute, there's a good prospect you could find yourself homeless in the effective future. You want to do everything you can to avoid that. Good luck!
Welfare is the just relief one have, unless you ask friends and relatives. I'm in impossible to tell apart situaton.

If your city has a 311 phone number, ring them and ask where you can achieve short-term financial assistance.

Good Luck.
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How can i draw from money using the internet?


Question:
I know that you can get money using internet, but i want to know what things can i do to find money.

Answers:
look at my profile, and visit the site beneath "about me"...sign up within.here is some information about the site:

This is a site from which you are given the opening to earn money. What you have to do is complete surveys and offer for companies that want the public's opinion. By doing this, you are competent to earn money very glibly for simply giving your opinion or trying out indication products. This is a great service that allows one to work from home, on their spare time, at their leisure, and still bring surrounded by a nice sum of money every month. People have made up to $1000 effortlessly on this site by just working on it contained by their spare time. It is not going to replace a real job's take-home pay, but it is a very nice bonus. There are also heaps features on this web site, such as contests and special surveys, from which you can redeem extra prizes that would be sent to you next to your monthly cheque, such as iPods, Xbox 360s, PSPs, digital cameras, gift certificate, and much more.

Cheques are sent monthly, and usually arrive about a week or a week and a partly into the next month. No compensation from you is ever required, not to sign up, not EVER. Unlike other sites that try to scam people out of their money, this site never requires you to discharge them.

"If the site doesn't get remunerated from me, then why would they enjoy this service going?" - The site doesn't get rewarded directly from you, but when you complete an offer or survey, they also take paid a small portion of what you earn yourself. For example, if you complete a survey about computers let's vote, you would earn maybe $2 and the net site itself would recieve $0.50 from the company also for getting you to complete the survey. These surveys take little time at adjectives, most taking up less than even 1 or 2 minutes of your time.

Fraud is also a big operate on the Internet these days, and this site recognize that. That is why they ask for ONLY three bits of information: Your name, email address and your home address. Yup, that is to say all. No credit card information, no bank information, nothing approaching that. All they require is your name and address so that your cheque can be sent to your home every month. Your email address is solitary required to confirm that you have done the offer and surveys. Fortunately, no spam mail or unwanted items mail is ever sent out by this site and your information is never shared beside any other company.

Personally I have be a member of this website, along next to thousands of other satisfied users, for approximately 1.5 years presently and have earn well over $8600 by working surrounded by my spare time. This web site have been great to me, also the member and administrator are very friendly, and are other there to abet you with a press or problem you may be having. So far, I've programmed only positives more or less this site, because I can't think of a single denial thing just about it. Earn money in your spare time, at no cost to you...Easy as that!
i found this site on RunEye.com only just and its good http://www.treasuretrooper.com/272056...
Anything requiring you to income to do a job is probably a

ripoff... Try finding things you can do resembling selling on

ebay or something like that. I know you can do quizzes

and stuff for money online, but plainly can't make a

situation out of it.
You know, I totally understand what you are conversation about, I tried masses online surveys but they either repay a little money or be a scam. I keep questioning for different sites until I come across this one, it's possible to make money but you hold to be consistent and dedicated to it, I hold done lots of research on this online business and I found they are totally scam-free (BBB Certified!) if you need more information, please click on my profile or email me since it’s against Yahoo's infringement and policy if I post the information here.

Hope this help!
Hi Richard,

It took a ton of research, but I own found some really good sites. I hold averaged $2,000+ a month for the last 4 months. If you would similar to to see site descriptions and proof that they pay, please give the impression of being my profile.

By the way, adjectives these sites are free to join.
Superdave
> Lets cut though the steam and all these"really great" deal out there.Common sense would dictate that the best concord would offer, NO start up costs, NO selling
of any sort including cyber information, and
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If I told you adjectives ,you would not believe me.
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Good luck and God bless
jim@babbomall
> >
you could do surveys try http://www.treasuretrooper.com/263745... ,
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they are my favorites
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There are some sites which provide money to the users for reading emails ads,mobile sms,penetrating or giving your opinions contained by their surveys etc

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Can I close my Wachovia good description over the phone, or do I enjoy to do it at the sandbank.?


Question:
I just want to close my abiding account and move the 300 bucks surrounded by it to my checking account. I don't use the stash accout since I got a ING accout.

Answers:
um I work for Wachovia and yes you can close it over the phone near a PSR (Phone Servicer Rep)..As for Spike we only charge $25 is the depiction is less than 6 months matured.
You can do it over the phone. Though I have never have an account beside that bank, I closed two accounts beside two other banks a few days ago over the phone. They sent me a check of my be a foil for in the e-mail about a week after that.
u have to jump in personality to close it out.
probably could over the computer but to make sure it go smoothly I'd suggest doing it in personage at the bank don't want to lose any money
You entail to go within person and sign papers to do that. It's a payment safety for adjectives accountholders.
they charge like 25.00 to close it


Where can a single feminine find aid short going to welfare for financial helpsomething endorsed and speedy please


Question:
i am not working at this time looking everyday . i hold a room 160wk rent and i am two weeks bethind where can i find permitted and fast backing God Bless! Please help me

Answers:
No govt agencies or backing out there for singles, unless you hold kids as well.

You can go your plasma for extra cash.
you should probably ask your local wall for a loan or call one of those businesses that assist with this sort of entity.Its nice that some people don't want to cheet the system and do it th right opening
GOOD LUCK


Bank of America. Does anyone close to this loser ridge?


Question:
I got a bonus check from my company. I use Wells Fargo Bank but did not want to deposit at hand, because they may put a hold on it for a day or so. SO... i go to Bank of America where the check be from. They charged me $5 to cash it (and did not detail me until they gave me the money). If I have cashed the BofA check at Wells Fargo, it would not have cost me any money, but because I currency THEIR check at THEIR bank, I enjoy to pay. Guess explicitly why I do not use Bank of America!

Answers:
I worked for BofA for 7 years and will NEVER bank in that. I am a current WF customer and have be very relaxed. I've never had a ridiculous hold put on a check, and their customer service is much better.

By the means of access, I was a customer service supervisor/trainer near BofA for 3 of those 7 years.
Do I like the dune? no. Do I like BAC, the stock? yes.
Well, yes.
I would utter you cant complain to much. You used a service at a bank that you do not belong to. bank are out to make money freshly like you are out to formulate money at work. Yes they should have told you first, but unfortunatly it be probably in the fine print somewhere, so they are technically not at defect.
While the charge might suck, its the price that is compensated for using a service that you are not a member of.
I will preface this by truism that I do not like B of A,
I have bad experiences near them years ago.

To explain ( NOT justify ) the charge .the $5 be because
you were not A customer of their wall (no account there)
Wells Fargo (and adjectives other banks) have equal charge under one and the same circumstances
One night I be broke. Had my payroll check. Went a day/night branch. Wouldn't cash my check unless I open a account.

I offered to unstop an account beside one dollar deposit. No deal.

So as the result I detest B of A.

Lot of other things happened resembling deducting $12.00 per month from my departed Mother's Estate Account.
I've had few business with Band of America. But within each suitcase the customer service was right. Maybe it's an area or branch issue.

The situaltion you describe is pretty adjectives. Banks make a tremendously large portion of their profits from fees. If you don't instrument to pay fees you should other use your own bank.
It's not as desperate as Chase. Chase is probably the most crappies bank you'll ever see.
Yuk...hold you used a Wachovia lately? The lines are horrible and at the front of the bank you own the 15 illegal immigrant cashing their 'pay vouchers' at the service desk. I hate the f'in dune.
No prob. Tell your employer you will only adopt cash from immediately on.


SERIOUS QUESTIOn! PLEASE HELP ME!?


Question:
okay see my boyfreind is a really bad pill addict(were gettn him help) so i took out a couple loans(about 10) to support him get by... ably he was working and making really flawless money but he quit his job... capably all the loans are due and i dont enjoy the money to pay the places... so should i win another big loan to tryn pay the loans stale... or should i close my bank rationalization and make payments to the places when i carry the money?? im scared to close the story though because i dont want to be taken to jail! please pass me advice... and no rude comments please! i know what i did be stupid but its hard to sit in that and watch the entity you love go through so much misery... i seriously dont know what to do! heeeeeeeelllllllllppppppppp!... <3

Answers:
it really depends on how much money were chitchat, but by the sonds of it... its alot.

there are frequent agencies that specialized in consalodating debt and they could problably aid you

or

bankruptcy is other an option, however you would inevitability a lawyer and move about to court and that will ruin your credit for 7 to 10 years (depending on your state)

or

you could just try to explain your situation to who you get the loans from and try to make an arragement for payments that you can live near

but

no matter what you choose to do (or when you decide) spawn an attempt to pay adjectives of them (even if it is $5 a month) because then it will be much harder for them to directory suits against you, garnish your wages, or aggravate you because it shows an attept to pay and that you are trying to pocket care of it

and

within most states it is illeagsl for creditors to bother you at work or at home after 9 PM (some states its 6 PM) and they are not supposed to call your personal cell phone (assuming that is to say not the only phone number they enjoy for you)

good luck, everything will be okay
If you can't bring in the loan payments after rent, food, and other mandatory expenses, you need to negotiate near your creditors so that you can afford the payments or file for ruin protection.

As for jail, we don't hold debtors prisons. Any action they purloin will be financial unless you do something really stupid like hit them, threaten them, or feat in contempt of court.

-->Adam
Call a Bankruptcy Attorney.
10 loans = no pale at the end of the tunnel.
Unfortunately at hand really is not much you can for this other than try to manufacture payments or file for ruin. You could get another loan to delight the others, but you probably wouldn't qualify based on the reality thqt you can't make these other payments. I would contact an attorney and/or unaffiliated credit counselor and see what suggestion they ahve to offer.


What are the modern law for file ruin?


Question:
I am drowning in debt. I hold three kids and we rent a home now and are only just able to sort the electric and water payments... we own a credit card and a car loan that are both threatening to sue me. I own nothing. There is nought of value contained by my home at all. I don't hold the money to pay anything more that what HAS to be. If I consider ruin, what will it take supervision of? Please be specific becuase I don't know a lot almost the new law. Thanks for your help.

Answers:
7 most meaningful things about liquidation will help you return with an answer.

1. Bankruptcy is process adopted by federal court process catering to individuals and businesses repay their debts or clear their debts lower than the protection of bankruptcy court. Also agreed as "reorganizations " or "liquidations", bankruptcy is habitually the last recourse to gain out of any debt.

2. When the property of the debtor is sold to recover and pay envelope off the debt it is call Chapter 7 bankruptcy. Contrary to popular belief, adjectives the property owned by a debtor is not sold, some part of it is disappeared with him to allow him to start afresh.

3. When in that is no sale of property but the debt are reorganized so as the debtors, are competent to repay them over a long period it is call Chapter 13 bankruptcy.

4. Both these types of collapse have a considerable number of rules, and exceptions, suited to different kind of debts, individuals and other concerns.

5. The "ticket in" is counseling session that everyone who wishes to folder a bankruptcy must attend. This session must be attended at least possible six months prior to filing for collapse. This term be adopted contained by the new liquidation law.

6. The "ticket out" funds to attend a financial education class from nominated agencies before getting approved for ruin. This was also adopt by new statute. During this session the the court will also determine according to predetermined standards by IRS that what all is required for food, clothing, shelter etc. and what adjectives can be used to recover debts. Read more from: http://www.credit-card-gallery.com/artic...
http://bankruptcy.findlaw.com/new-bankru...
Just write a epistle to all your creditors that say "HaHa Suckers" Move out of your home sell your kids, appropriate the dog and run!
You will atleast have to be capable of pay your attorney fees


I am trying to numeral out how the credit card interest rate is calculated v a hill interest rate.?


Question:
Basically, I am wondering the best way to compensate off credit card debt. If I borrowed against some property that I hold a clear title to would I be doing myself a favor by going to the bank for a loan or should I only pay the credit card companies more per month to bring down the debt? I am currently paying 4.99% on one card and 2.99% on another card.

Answers:
Credit cards, unsurprisingly, typically charge 14-30 percent interest. The fact that you are getting these really low rates lead me to believe you are running under some special promotion that will probably run out soon. If you muse you can pay past its sell-by date your credit cards at 3-5% interest then in attendance is no need to achieve a loan. If you will soon be paying 20% interest, or so - then its probably a polite idea to get hold of a loan. The loan may be at 7% for a house (more for land) and will cost a fair amount to win in closing fees but within the long run you will still end up ahead if you own a large match on the credit cards.

So, I'd figure out how like a shot you can pay sour the debt the current way and how much within interest it will cost (assuming your interest rate will go up soon). Then amount out the costs and interest if you got the loan - and basically see which number is better.

If you repost this with the specifics on how much you stipulation and what the interest rate will be on the cards and when (and other pertinent details) there are lots of guys here who can run the specifics for you.
if those percentage are annual rates ... you're golden. just pay envelope 'em off.

if they are monthly rates, you're anyone {deleted for the sake of decency}. multiplying a monthly rate by 12 isn't high adequate, since compounding effectively exists on the monthly interest accrued. [You'd enjoy to use compounding ... 3% per month compounded monthly is about 50% per year and 5% per month is more or less 88% annually.]


GL
Hi,
I used "Credit Solution" to settle my debt .They managed to curtail my debt up to 58%.It's legitimate.I come accross this company on NBC News Special Edition.Check it out here:
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How do I integer out how much money am going to spawn surrounded by of the year making $11.00 hrs. do time contained by by 52 weeks.?


Question:


Answers:
$22,880
assuming u work 40 hours a week.

U work 2080 hours per calendar year traditionally.
If you work 40 hours per week that is 440 440 per week for 52 weeks is 22,880.
11.00 X how various hours worked each weekX 52 weeks=annual income
Assuming 40 hrs/wk. your gross income would be $22,880. If you are surrounded by the US, you will have $1750.32 withheld for Social Security/Medicare export tax. Federal and state withholding will vary depending on your state and how you complete your W-4. Assuming single and the standard presumption, your federal taxable income in 2006 would enjoy been $14,430. Your Federal income rates would have be $1786.
Gross Wages= (11.00*2080)=22,800.00
(2080= 52 weeks * 40 Hours)

Good website to calculate is paycheckcity.com
Their program will subtract your net recompense if needed.
Gross salary = 11 X 35 X 52 (assuming 35 hours/week)


I made a `Free` Will just now beside my Bank.I am in a minute HORRIFIED to find they will charge 6% to administer my Wil


Question:


Answers:
Just write another one and it takes priority.

Stuff them!
thankfulness for the warning. Sounds a right con. Hope you can dissolve it.
There's no such thing as a free lunch. Write a bright will with a advocate VOIDING any and all previous wills and formulate sure everyone in your inherited has a copy of the brand new will.

Although you will find that 5% or so is a fair and adjectives fee for anyone (lawyer, etc.) to administer the will. It's a complicated and controlled process, so it's probably worth it.
Yes well they don't so anything for free, do they? Seriously, if that wasn't made undeniably clear to you when you set the will up, I suggest you consider rescinding the will ... but make sure the ridge will not impose a cost. But before you do, I assume that the wall is sole or joint executor near someone else? I suggest you check out solicitors fees for the same entity and compare, before you submerge out of this. Personally, I would prefer a trusted solicitor to look after my affairs and NOT my bank. Good luck ...
There is no such piece as a `free' anything all such services hold a claw-back. Surely you did not really think they would do the rule for free did you. Anyway it will not worry you when your gone will it!
be it there for you to see formerly you committed if not afterwards double back to them but i expect it be there within small-print


Balancing the checkbook and the works??


Question:
I've been keeping track of my checking statement with QuickBooks, putting surrounded by every check I write and everything else.

I got my edge statement the other day, the dollar amounts clash but the cent part doesn't it's approaching 20 cents off.

Should I not verbs about it or what? What would you do?

Answers:
I will assume both the dune and Quickbooks did the math correctly (but you could double check). 20 cents is to small to be a fee. It could be interest if your reason earns interest. There should be a separate flash on your bank statement if i.e. the case. There are 2 remaining possibilities. First, did you and the sandbank use the same STARTING symmetry? second, you and the bank record something for different amounts. If either of these is the baggage, you are probably better off accepting the bank number. If they are wrong, the effort to correct the guard is probably worth more than 20 cents.
Well the easiest way to find out the problem is to check both the edge statement and quickbooks to see if every entry matches. The other possibility is that you wrote a check for $.20 that hasn't cleared but.
1st of all it is great you are keeping track.

If the 20 cents is within your favor (ie your bank statement have 20 cents more then your check book says) afterwards you may have earn interest on your account linger until next month and if the guard still says you enjoy 20 cents then put in it in.

If the 20 cents is against you (ie your check book is higer after the bank statement) I would basically take the 20 cents out of your book and budge with what the hill says.
It is upright to keep track down to the penny. It is possible that it be interest?


Online Savings Account?


Question:
I was interested within starting an online savings description, considering the interest rates are much higher afterwards traditional banks. I be just wondering if anyone could recommend any righteous online saving accounts? I am a short time ago concerned that I might choose the wrong company and be subjected to fraud.

Answers:
I've had an ING Direct justification for several years and think the company is great. It's not a short time ago the rate that makes me delighted. The people on the phones are totally helpful too. They hold the savings reason but also have CDs. I enjoy kids and have open several CDs for them when they receive money as gifts from relatives. It's simple and there are no fees and no minimums.

I've recommended them to several friends and every one have been comfortable with them.

Good luck.
INGDirect have been around for along time and submission 4.5% on their savings information. (There are accounts that offer a difficult rate.) If you want someone established, they're probably the ones. (ING is a HUGE Dutch bank.)
I would suggest any Ing Direct or HSBC direct. I believe that Ing Direct is offering 4.5% on their savings acct where on earth HSBC Direct is offering 5.05%/APY. Both are large bank and have wearing clothes reputations.
Here's another vote for ING Direct. I've had an explanation with them for over five years, and I love them.
All the above mentioned are definetly soaring quality institutions. Something to consider though is if you want to enjoy quick access to the funds, or if you own can access them at a branch near you. Wamu also have a 5% online account, and you can access it at any branch location. I believe HSBC you can't do that, and I'm not sure in the order of ING. But if you are the type of person who doesn't want straightforward access or you'll spend it, then HSBC or ING might be better. Depending on the amount also may sway where on earth you want to be. 4.5% to 5% won't be but pennies every year on $1000, but on $100,000 your talking a $500 difference over the year. I've hear Emmigrant Direct is also upright, but I don't know if that is true individually. Just some things to think something like it.
Money magazine recently suggested 3 bank: eTrade, EverBank and HSBC.

Best wishes.


How to be a millionaire?


Question:


Answers:
By putting money aside without even realize it:

http://articles.moneycentral.msn.com/sav...
http://www.oprah.com/tows/pastshows/2004...
To save money it is much more high-status how much you save a bit than how much you make. So earnings yourself first and cut the waste.
Never receive married,or have any kids. Don't buy a TV,as they cost seriously now days cable & adjectives things related to the use of them are high..Don't buy a house or saloon,as upkeep on them are high. Just become a stay at home enjoy no fun person. Bound to gather a lot of money!!
How long do you hold? $100/month for 40 years invested in a virtuous mutual fund will make over $1 million. That assumes the US stock marketplace long term average remains at 12%.
Do you want to enjoy a net worth of $1 million (assets minus liabilities)? Or total assets of $1 million? Or $1 million dosh liquidity?

Let's assume you just want to enjoy $1 million cash from which you could annually draw $45,000 to $50,000 (4.5% to 5% of the total) surrounded by perpetuity (forever without the principal amount diminishing). Let's also assume that both very soon and in the adjectives you can consistently get an average return of 7% on your money.

Then adjectives you would need to do is pick up $1,000 per month and invest at an average 7% return. In 28 years, you'd have $1 million. Anybody can do this - it's essentially what I'm doing next to my retirement accounts. I've got other investments, but I'm shooting for a $1.3 million total within retirement accounts at retirement age. Keep in mind that I consider this is a minimum sanctuary net, and it might be ample only because my house will be remunerated off by later - a million dollars is not what it used to be. I'm expecting to have a much complex net worth by retirement, but if everything else fail, at least I won't starve - I chew over.

If you want to be "rich", I'd shoot for a net worth of at smallest $3-$4 million.
In order to be a millionaire you entail to have at lowest possible 1 million dollars. If you are not at that level you are not a millionaire. Now how to become a millionaire.to be precise a totally different question that i havent answered myself nonetheless.

~Ryan
YIM: JMURedneck08
http://surveynoob.com << Ways to make money Comments please
live cheaply, economically below your means. if you saw me you would never amount me a multi millionaire by my looks, dress, house or car.
buy used cars, not the hottest trendy ones.
invest aggressively.
own your home, but never pay it rotten. instead, pay the minimal amount you can & put the rest into mutual funds & stocks after buying a rental property to maximize due deductions.
Save rash, often and regularly. Use retirement accounts. Automate your funds process. Don't give up. See the webpages below for more info.


Refinancing mortgage?


Question:
I am running into some hard times and want to refinance my mortgage is this the best method to save some money or should I continue I have lone had my house for a year and call for to save money somewhere any suggestions

Answers:
If you've simply had the house a year, you haven't gain any real equity to be capable of pull out near refinancing. You also have to hold at least 20% equity departed in house after refinancing. House may even be worth smaller quantity than your mortgage if you started with low or no down transfer of funds, the way the housing marketplace has be the past year
here will be a [enalty if you do this in canada,,, how give or take a few a line of credit instead?
Depends on what your current rate is, what the hot rate would be and any applicable fees. It might cost you more money.

If you've only be in the house a year you won't enjoy built up much equity so that will be against you saving money.

I'd suggest you move about to your lender and discuss it with them. Show that you're working contained by good hope. You may be able to arrange reduced payments or something that will benefit both you and the mound.

Perhaps you can get a roomie for a while to facilitate pay the mortgage.
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