Personal Finance Question and Answers

I loaned someone my vivacity money and in a minute within within more debt?


Question:
im getting some back respectively month but less and smaller number than oringianlly stated nothing be signed he promises he will pay it adjectives back its of late i need it adjectives now and he say he doesnt have it is at hand anything i can do?

Answers:
boy, im glad i learned a long time ago to NOT lend out money.

i can't dream of loosing my LIFE SAVINGS.

my mother always told me. don't ever describe anyone how much money you have. she be right!
Yes.
Never, ever, ever loan him money again.
Reconcile yourself to the fact that you may never see that money again, and start planning to dance on without it.
I'm afraid explicitly it.
learn

your money is gone -- another is very soon in control of it.


never lend what you can't afford to lose completely.


and if you do 'lend', even to people, always assume you'll never see any of it wager on.

as for any family accomplice who doesn't understand why you won't 'lend' to them -- what they involve is either a assignment, to cut spending, or to file liquidation, not a 'loan'.


CPAs I have need of some sustain near this Accounting Problem. Thanks!!?


Question:
Jamison Corp had a symmetry in the Accounts Receivable vindication of $780,000 at the beginning of the year and a harmonize of $820,000 at the end of the year. Net credit sale during the year amounted to $5,840,000. The average number of days to sell the inventory during the year be...

Answers:
Ave AR is beginning AR + culmination AR divided by 2, so
Ave AR = (780,000 + 820,000)/2 = 800,000

Receivables turnover = Annual credit sales/AR, so
Receivables turnover = 5,840,000/800,000 = 7.3

Ave collection period = 365/Receivables turnover, so
Ave collection spell = 365/7.3 = 50 days

Your question doesn't nouns quite right. The info you give can only let somebody know you the average period it take for your debtors to pay up. To divide the ave no. of days to turn the inventory over, you need to make available me inventory information, not AR info.

Inventory turnover = COGS/Ave inventory, and

Inventory turnover (in days) = 365/Inventory turnover




How to enter optional credit card surrounded by Microsoft Money 2006?


Question:
I have primary credit card and added credit card, attached to first one. If I create two credit card accounts in Microsoft Money I can track transactions on every card separately, but when I receive monthly statement from edge it is combined, all transactions (of both cards). I can divide one physical return into two in the money software to be a foil for two credit card accounts. Another way is to enjoy one credit card account contained by Money but in the Memo pen make a memo primary/additional card.
Does anyone else did that?

Answers:
The website http://www.debteraserzone.com has several articles on how to conduct operations credit cards without pinching us too mush. This site is a must call round one.
Just go lower than add picture and add it.


Rich Dad, Poor Dad-have you incorpoarted the prospect into your financial time?


Question:
Wondering if you've had nouns w/ his viewpoint. If so, how did you start to afford acquirement assets & not liabilities?

Answers:
I read the book and the first part of a set was great. But I feel he was unrealistic contained by his appraoch. There was no step by step path to put his idea together. A complete throw away of my time
ok my uncle is extremly wealthy and so be my dad but he passed away, so my uncle told me never to buy anything you cant afford with dosh except houses, basically recitation me to not get into debt and hand over money to creditors. its worked for me so far. hope this helps
A house is not a liability because it does bring money within.

If you pay rent for 20 years consequently the money you have at the cessation is $0.00

If you pay a house for 20 years later the money you have is at tiniest $100,000.00

A fluorescent bulb is also an asset because it does save you money. (That is exactly impossible to tell apart are making money)


Signed stale work near broken leg. what can i claim for.am self employed?


Question:


Answers:
If you have be paying all your NI stamp dues you can claim statutory sick settle up, or after long term sick you may also qualify for some income support
If your compensated up with your stamp etc can you not claim SSP from inland revenue?

If not claim Incapacity Benefit & Income Support
You can't claim SSP but you may be entitled to income support but this is funds tested. You should have taken out an income protection policy to ensure some income for these times. Incapacity benefit is singular payable for long term sickness and after six months past its sell-by date work.


A son claim on dune locker of his insensible father ,containing kisan vikas patras contained by his own name(bought by son).?


Question:
is it necessary to salary court fee for KVPs?

Answers:
Most promising but check the govt website for more details.
take the court heir pass and produce it before the postal authorities to achieve the kvps transfter to u r name or for preclosure next to less interest.no obligation to pay any court payment for kvps
if your father had nominated u while innards up the application form for locker, u just contact the wall with ur father death licence and locker will be either transferred contained by your name or u will be allowed to initiate it and take out doesn`t matter what is inside.
secondaly if the KVP are purchased by u and are in ur pet name there are no fees to be compensated to anybody. just approach the post organization u purchased it from and surrender it for payment ( provided the due date of grant is already crossed ). In case ur father have not made a nomination, u will have to approach a court for succession pass. it this is the case pls contact a attorney to help u find a succession certificate and later only u can achieve the locket opened from the hill


Bank statement?


Question:
how do i check my bank statement?.... i'm next to national bank of canada

Answers:
Open it up and look at it.
If that be an email, do NOT do what it says. It's probably a phishing scam. If you own a question roughly speaking your PayPal account, budge directly to your PayPal account minus clicking on any link contained by that email!

If you have a cross-examine about your personal dune account, any call your sandbank directly or go to your bank's website if you hold online banking.
HI THERE,
HAVE YOU BEEN SCAMMED IN THE PAST OR DO YOU NEED A LOAN BUT HAVE BAD CREDITS.
Then verbs no more, talk to jack christian via; wecareloan@yahoo.com
AT we guardianship care loans we help yourself to care of you and your problems, we do not in recent times solve your problems, we become your friends, try us and see God working through us,
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This Fortune Lottery Online Program is authentic are glamb?


Question:


Answers:
You don't get anything for nil, it's a scam do not answer do not give personal information.The following sites tender more information.
www.scambusters.org
www.hoaxbusters.ciac.org
www.scambusters-419.co.uk
www.truthorfiction.com
.Also If you go to the following connect you will get some info on ID pocketing www.identity-theft.org.uk the iinternet is safe ample if you are careful but please answer nought that you are doubtful about.Good Luck and watch out.
No glamb, SCAM!
If you DID NOT enter a lottery and bought a ticket.
You DID NOT win any lottery.

You have received a SCAM GRAM.
There is no such article as a legitimate lottery that will notify you by email; especially when you didn't buy a ticket from them!

Please read this: How to Identify a Lottery Scam or Fraud.
http://www.consumerfraudreporting.org/id...

and this, specifically nearly the
Flash Fortune Lottery - Omega Crossings SA
"YOU HAVE WON THE SUM OF US$ 2,950,000,00"
http://www.consumerfraudreporting.org/lo...
SCAM...


Refinance HELOC or wage new to principal respectively month?


Question:
I have 28 yrs remaining on my first next to a balance of $150K @ 5.75% fixed. Payment is singular $1100.00/month. My problem is my HELOC now maxed out at $44K @ prime adjustable. I infer now this is vitally revolving credit line and that SUCKS. It's not really hurting my credit chalk up (760). But the $300.00/month payment they want is solitary paying interest and this will never payoff. I'm planning on staying in this house 3-5 years and its appraised at $230K. I fashion approx $90k/year and figure I can afford to rate approx. $2k/month without a problem.
My best thought be to pay an other $700.00 to principal on HELOC every month. This will elinate the bad loan surrounded by approx 5 years while allowing me access to funds paid rear and not committing me to a big monthly payment strictly if emergency i.e. loss of job occured. It's still a perfect rate and tax deductible and I don't ruminate I can beat the 5.75% fixed first. When I do clear this off I consequently plan to continue paying $2k/month towards first.

Answers:
That sounds resembling a good plan near no flaws. Possibly another way to look at it is to clutch the weighed average cost of interest on both loans, which comes out to roughly speaking 6.3%. If you think you can seize a fixed for less than the 6.3% consequently you should consider it. Ultimaetly, I think the flea market is pretty close to the break-even rate, so it may not be worth the hassle. In terms of flexibility, I deliberate you could refi and still have a heloc outstanding, thereby have it as ammo if you need it (just don't attain into the same sitiuation again). Your monthly payments by refi-ing should not increase too much (about $300 at 6.5% at 30 year fixed)., so it does not engender the payment leap to super high level.
I'd change the HELOC into a fixed rate home equity loan.
If you budge to www.ricedelman.com, you will find a file on why you should never be lacking a big mortgage. It is very appropriate to your income rank.

Here is my suggestion: Set up a sinking fund with that $700 monthly. Use an exchange traded fund that you are comfortable near and that pays more than the interest rate on the Heloc.

you can go the this site to peak for the ETF you would like, and probably select several. www.etfconnect.com.

Building equity in your home is similar to building equity surrounded by another type of account.
Both transport risk. With an ETF, you can spread the risk. With your home equity, you are subject to local market conditions at the time you choose to put on the market.
Hi,
I used "Credit Solution" to settle my debt .They managed to decline my debt up to 58%.It's legitimate.I come accross this company on NBC News Special Edition.Check it out here:
http://ataja.es/creditsolutions...
Refinance your first mortgage, roll the HELOC into the refinance and never do this again!


How can a 19 year outdated find a cheap home of her own? (fast?)Maybe loans?


Question:
I live in Florida and in a minute looking for a job I know I will be capable of get one payying $8-$9 an hour. At the moment am contained by college and don't want to drop out to work two jobs a moment ago to live.

My family is not within there right minds and somethings other happening nought ever good and staring from when I be only one so I want peace.

How can I find a home but not too run down? And how much would they ask as a down payment?

I live surrounded by Florida. Ft Lauderdale should I try to find a loan also and is there a route to get one near needed credit card info? I had to max my cards out for institution so no good credit.

Thanks.

Answers:
I would suggest renting instead of buying a home. You could try finding a roommate at your college to rent beside, so you it wouldn't be that expensive. Also, you should look into getting student loans rather than paying your arts school with your credit cards. Student loans don't hold as high interest and usually don't enjoy to be paid stale until you're out of school. There should be someone at your college who could comfort you out with student loan information.

To find housing, or a roommate, try http://fortlauderdale.craigslist.org/...
Hi,

It will be bit difficult for you to find lenders as they will assess your repaying dimensions before extending a loan. You can stop by http://www.fundsleader.info and get some adjectives tips on home loan and mortgage. Good luck to be a proud home owner soon!


Family Member Filed Chapter 11 and have Died??


Question:
I have a family circle memeber that filed chapter 11 and be not finshed pay it bad. He has former and I was trying to find information on what happed to a unpaid Chapter 11 claim when the party dies?

Answers:
It is claimed through any estate he has and consequently goes to the state.
It become a liability of the estate and then it is a interrogate of liquidating adjectives assets to see if there is plenty to pay rotten the creditors. There are some assets which are exempt however, so a trip to a lawyer or accountant would be prudent.
I am sure he have a lawyer that help him. Find out who that was and win that advise.


Sansrit name to my enterprise? I intent to register an investment co and looking for Sanskrit/Hindi name.?


Question:


Answers:
The name u required must be related to money. So, I can suggest the following moniker:
ARTH-THE MONEY
MOTTO: ALL ABOUT MONEY, HONEY!
ARTH A WORD FROM SANSKRIT MEANS MONEY
'arthtantra'...
AKSHAYA - No decline
ISHWARYA - Wealth
KAMADHENU - All wishes fulfilled
SAPHALA - Fruitful

good luck
pnkmurthy@yahoo.com


How does freezing a ridge statement work?


Question:
Is it possible to freeze my BoA account so I won't be charged the monthly continuation fee and still be capable of unfreeze it after a couple of months?

Answers:
I used to work for Bank of America. You can't freeze your account within order to find out of paying a montly maintenance charge. I would call customer service and ask them to switch you to a better tale, one where you don't incur any fees. I believe they still enjoy MyAcess Checking, where you don't enjoy any services charges as long as you have one direct deposit a month. If you silver the kind of details you have, it won't correction your account number or your card number or anything resembling that.
doubtful

BofA's position will be that they are still doing the bookkeeping to track the account and its existence and thus should be salaried.

Despite that I am a BofA shareholder -- suggest you change to a credit coalition -- lots cheaper or even free.


GL


What's the best style to dispatch money to an US relative from Australia?


Question:


Answers:
Have your bank lead electronic funds direct to your relatives account,adjectives U need is the portrayal # and bank info from them! Western Union will cost U alot of $,this is pretty EZ course and little cost!
western union
sandbank draft - probably the cheapest
If your cousin banks next to an international bank ie Citibank. You could turn to a Citbank branch in Australia and bring in deposit into their bank justification.

Also you could go to any Big 4 bank in Australia which mostly they own branches or representative in the US. Sending ridge draft can be expensive. I know that banking a edge draft involve service fee because if the international transaction, and it take longer.

Hope this help


At what rate of interest does money double within ten years?


Question:


Answers:
Using the RULE OF 72 tells you that the interest rate is 7.2%.

This rule say: If you divide the interest rate you receive into 72, it will tell you the number of years it take for your money to double.

It assumes no taxation of the investment, or using the 'net after tax' rate of return.
7.2 percent
HI THERE,
HAVE YOU BEEN SCAMMED IN THE PAST OR DO YOU NEED A LOAN BUT HAVE BAD CREDITS.
Then worry no more, gossip to jack christian via; wecareloan@yahoo.com
AT we care thoroughness loans we take strictness of you and your problems, we do not just solve your problems, we become your friends, try us and see God working through us,
to stop greedy scam from taking advantage of you.
WE CARE LOANS, TRULY WE CARE!


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