Where did the concept of money come from and what made it become so popular?
Question:Answers:
check your email I have sent you a copy of a report on this enormously same question completely straight and brief to the point.
Other Answers:
There's a great writeup of this on Wikipedia. It's a very engrossing topic.
Basically, you need pigs, and I requirement wheat. You have the wheat for me, but I don't enjoy any pigs for you. But I do have a really nice deer pelt. But you don't want the deer pelt. It would draw from very complicated for me to stir find somebody who has pigs and requirements the deer pelt so I can trade the pig to you and get my wheat.
Money fixes that problem. I can trade you money for the wheat, and you can trade money to whoever have the pigs. It simplifies everything. It started with bracelets and went on from near.
Source(s):
http://en.wikipedia.org/wiki/History_of_money No-one knows for sure, but here's some belief from Wikipedia...
"Money has developed over the years from the like of conch shells to requiring management by sophisticated international bank systems. From 550 BC, accepting salt from a human being in Roman times be synonymous with drawing a remuneration, taking pay, or human being in that person's service.
The history of money have generally see commodity money replaced by more formal systems, as money has be progressively brought under the control of government."
Or briefly, originally "money" had intrinsic (or possibly aesthetic) importance, but today it generally does not.
Its popularity derived simply from its convenience: better to pass about some pretty shells than half-a-side of woolly mammoth.
Source(s):
Wikipedia
How much will I earn within 6 months if I put a 1,000 dollars within disc beside 4%APY, 5%APY?
Question:Answers:
You'll get a dozen prompt answers, so I'll tell you something else. Get an ING hoard account. They take-home pay close to that for a regular savings side. The differenct between 5% and 5.25% on $1,000 is not material.
Other Answers:
Depends on whether it is compounded day by day, monthly, biyearly or yearly.
simple interest. 4% $20.
5% $25.
an ING nest egg accout pays 4.35% and there is not time restriction.
you should win at least 5% on a 6 month compact disc.
If this is not emergency money, use a CD, If you might own to access it before the 6 months find a soaring interest online savings vindication like ING (there are others that might retribution a little more)
the difference between 4 and 5% on $1000 for six months will individual be a few dollars.
$20.00 @ 4% APR
$25.00 @ 5% APR
I would invest that thousand dollars in Suntrust stock the one you can trust!
I'm looking for the best opening to catch a personal loan to pay packet stale credit cards and hold extra money purely within travel case?
Question:Loans, personal loans, debtAnswers:
try northern rock cheapest rates around
Other Answers:
http://loans.mamayek.com/loans.html
or just necessitate some fast dosh
http://loans.mamayek.com/cash.html
Source(s):
http://loans.mamayek.com/index.html
How to settle debts asap?
Question:How many mode of ways are there to settle immense debts asap, other than working or laying a bet?Answers:
Call them and ask for a payment plan. Or be in motion to consumer credit counseling. Or get ruin.
Other Answers:
Beg from a friend, or borrow from a fool, or break into a bank and steal some.
You can call for each company and ask them if they will settle the debt. Most places will not do this unless you're losing on your payments though (btw, I wouldn't suggest getting behind on your payments a short time ago to see if you could settle the debt).
If they will agree on a settlement, make sure that you attain it in writing.
Do you hold anything of value to go (car, electronics, etc.)? Many people can find $500-$1,000 lay around their home. Consider selling stuff on eBay, Craigslist or at a garage sell.
Don't directory bankruptcy, travel to a cash finance or borrow from a friend.
Contact me if you would like specific minister to. I have experience contained by helping peopel get out of debt.
Scott.....
if you own a home. Refinance you property trying to procure a lower fixed rate than the one you currently have, along beside that make sure the permanent status you get is smaller quantity than the amount of years you currently have not here on you mortgage. while doing the refi take plenty cash out to consolidate you credit card debt. yes you monthly mortgage gift will go up but most predictable you monthly bill out put will go down. + you will grasp your interest on you mortgage as a write of while you don't get it for you credit card debt.
but if you do not own a home than you will hold to lay off the spending for a while along next to calling your credit card companies and seeing if they are offering any lower rates. also can try to except new offer at 0% for a year or two to transfer balance.
Source(s):
Nicholas
Horizon Mortgage
nschmidtke@horizonfin.com
Here are some helpful sources for debt moderation:
Debt Consolidation - Get Out Of Debt
http://www.askaquery.com/Answers/qn1643.html
How to Hire a Debt Counselor? Tips
http://www.askaquery.com/Answers/qn1584.html
What is Debt Relief?
http://www.askaquery.com/Answers/qn1583.html
Debt Management and Building Wealth
http://www.askaquery.com/Answers/qn1581
What should I buy beside UP TO $200?
Question:I have $200 dollars to spend,(I know I could set free it, but I've been good all of my other money and I really want to buy SOMETHING next to this money) but I don't know what to buy with it. What are some really fun planning to spend up to 200 dollars on?Answers:
Some chips, a movie, a board game or two, and some beer...invite friend(s) over and delight in.
Other Answers:
buy yourself a hot outfit, summer's coming up
Ipod, CD's Shopping sprees at the precinct, good date for your loved one, cell phone, shoes, clothes, jewelry, watches, stereo for vehicle, etc.
www.ebay.com
Buy gifts for associates who have be helpful to you even if it have been lots years. Tell them you just looked-for them to know that you appreciate them. Believe me, it will be a lot of fun and will later longer than anything else you could buy. where are u from dear and how matured?:)
Buy yourself some nice summer wear, t-shirts, jeans and dress pants and running shoes. You requirement to show yourself off.
Wait two weeks, later buy 50 shares of Hydrogenics stock (HYGS). This is the company that will be big in going on for a year and a half.If you want instant gratification, I recommend a set of free weights and a book on lifting for tone. Kalamazoo! I grew up nearby. So yes, there really is a Kalamazoo!!
If you can't expect of something to buy, maybe you should in recent times keep in your favour until there's something you really, REALLY want. If you spend it now and see something within a couple of weeks that you really, REALLY want and you'll WISH you had save it. Get a dog.
Marring into Bankruptcy?
Question:My wife filed for liquidation 2 years ago (before we were married). How will this effect my credit?Answers:
Not much, you didnt wallet for bankruptcy.
it may affect any flash of credit you two apply for jointly, but not for any rank of credit you apply for individually. Your individual credit report will not change. Its in actual fact common for one spouse to directory bankruptcy but not the other.
At this point her credit is starting to rest, and the overall impact on both of you should be minimal.
Other Answers:
Well don't get married for money, do it for love.
Oops... 'Nuff said. If you have a united bank side, you might be liable to pay stale her dept.
The style I understand it from my aunt who works surrounded by federal bankruptcy court, by marry her it became yours. Even though it happen before you get married, it will still be on your credit because you are legally married.
You aren't responsible for her discouraging debts prior to marriage unless you agree to reimburse it off, do things similar to get a loan together for the purpose of paying stale her debt, things like that. It can and probably will, affect your credit as a couple if you choose to do things approaching apply for credit cards jointly or clutch out a loan jointly. You should seriously consider looking for ways to preserve your credit separate from hers until her credit has improve.my wife and i get married and then i file bankrupt on adjectives my debts and it never bothered my wife's credit.
Why are pennies copper and adjectives the other coins silver?
Question:Answers:
Pennies aren't copper any more they're mostly Zinc! And the other coins aren't silver they're mostly made out of nickle. (which is how the 5 cent piece got call a nickle, but now adjectives the "Silver" coins are nickle.)
As to why back contained by the day pennys be made out of copper? because it was a cheap metal that wouldn't corrode too feebly.
Other Answers:
Because it's only worth one cent. The metals surrounded by coins are proportionate to their value.
No idea Pennys are $00.01. ( One cent, because copper is cheper than other metals. What its made of is it's merit.
Source(s):
Brain
Jake...***, your first answer is correct. Jake is of late ignorant and dee-dee-dee as Carlos mencia would utter.
because they are cheaper to produce and most american money is no longer silver it is a composit of zinc and nickel with a sliver coating the end year for silver was 1963actually pennies are single copper coated, they have zinc on the inside. And other coins are made of varios metals. Nickels are/ be made of mickle. Quarters used to be silver, but are now copper surrounded by the middle and some other metal on the outside.
back when the US be on the gold standard, a penny be exactly the amount of copper that was worth one cent. This funds they changed the amount every year. now they adjectives weight indistinguishable.
Oh, and coins are different sizes and shape so you can quickly narrate the difference between them.
Copper is cheaper than silver. It would not trademark sense minting a coin on a metal that is more expensive than the facade value. Going further, some countries hold paper bills that own huge denominations like 1000 or 2000. This funds that their currency is so weak that they hold to make the denomination big plenty to save on the cost of the tabloid it was printed on. Because Lincoln freed the slaves that's also why his guide turns the opposite bearing than anyone else on the other coins.
Pennies are copper plated zinc.
Nickles are nickel and magnesium
Dime ,camp and halves are a copper nickel sandwich with a copper core.
The investigational dollars are a copper core with an alloy of manganese brass ,zinc and nickel.
The U.S.Mint does provide special silver proof sets .The silver coins are the half ,billet ,and dime.
anybody find a polite style to put away money besides of late a in your favour justification.?
Question:I need to hide away money and it is hard since i am a huge consumer. Any tricks to in your favour money that have worked for you. I own money come out of my account directly for my daughter in your favour account (she is 2 years old) and some into our own vindication. I work with greatly of cash since i am a hairstylist and it seem to come and go so hurriedly. I should really have save much more. I support my daughter and husband since we are against daycare for now and still i brand name so much i should be ablt to save it.Answers:
i have the same problem, i am a recovering spend thrift. expand yourself up a paypal account at paypal.com. you can verbs money from your bank commentary and keep it in attendance. if you decide you requirement it, it will take 3 to 4 business days to receive back to your wall. kind of approaching a cooling off extent with a gun purchase. they also own debit cards to use with the explanation if you decide you want one. and its adjectives free. however, you can use the money online for purchasing at a lot of sites.
Other Answers:
MINY BANK
GOOD LUCK!
Maybe you can tell the wall to restrict you from taking money out of an account. You can also try a piggy wall. How about getting info on an RRSP reason! Money gets locked surrounded by and you earn interest. Just speak to your bank officer for more suggestions.
With Bush within office we are lucky to own grocery money after gas fill-up !
Absolutely open a Roth IRA for respectively member of your household and auto-invest every month (money goes from your checking acct into the Roth acct) -- I cogitate the max now is almost $4,000/yr per Roth accountCDs are the way to turn... currently they are around 5% where I am .... and the moral thing is you can't touch them... a reserves account you can other dip into... but a CD bites wager on hard on your interest contained by penalties.. I am a big spender tooo.... However I freshly look at I lost money every time I open one... since you can't touch it.. out of verbs out of mind... until they send you the later life notice..
Source(s):
I approaching and have CDs for this justification... IRA, CD, Invest contained by stocks, Invest in funds.
http://finance.yahoo.com
http://finance.G00GLE.com
give me the money. i'll hang on to it safe surrounded by my pocket lol. sike i got an impression that works for me. Whenever u go shopping, cart only what you necessitate. leave ur credit card at home, and cause a list of exactly what you come 2 buy. hope it works 4 ya Yes there is a path. Put it in Stocks, start an account next to your daughters name a collective account. The item is that you have to find a perfect stock that will pay you a dividend. Good stocks are medical (every one will have need of medical) power (every one will need power). Look into stocks similar to Walgreens and Walmart. You might have to do some reasearch but it will be worth it surrounded by the long run. Then God forbid if some thing would arise to you. Your daughter will have some item to live on. When you do find a stock do not get the dividend freshly reinvest it back into the stock, you return with more stock. If you have any question Please talk to a stock broker. I own done this for years with my mother. It might bear a year or two or three before you build it up. But by the time she is antediluvian enough to do some point with it it will be a nice tidy sum.
Source(s):
Personal Experience
i simply do stuff like this. i update my neighbour i ll cut your lawn for $5. he say OK. i tell another kid, hey ailing pay you two bucks to mow this sward. he says OK. i do virtually no work and earn 3 bucks.
Source(s):
mostly vivacity experience
Savings accounts in bank and credit unions abandon very little for your investment. Try mutual funds which hold been totally good to me over the later 10 years where my investments enjoy nearly doubled. They also are low risk investments. See a broker for details. Only a broker can buy the funds for you.
I hope this helps.
There are no tricks.
The simple to say, but not simple to follow, warning is you just own to, a) make it momentous, and b) have the commitment and discipline to follow through.
To be blunt, if you are constantly blowing adjectives the cash income you clear, you don't genuinely meditate saving is critical ... otherwise, you wouldn't blow the money, would you?
One action you can filch immediately is ... conjecture and identify where you unnecessarily spend your money ... is it at bar, restaurants, the mall, clothing ... where on earth or on what does the non-essential spending happen? The subsequent step is, don't put yourself in that situation. If you cannot, for example, walk to the mall minus buying another pair of shoes or blouse you do not involve, then don't travel to the mall.
i own $1000 how can i increase it? im contained by asia and i dont enjoy credit card. how can i increase it?
Question:Answers:
put it in a dune that has semi-annual compounded intrest, that road your intrest is given every four months!
If you wanted to, invest contained by some land beside more money, land grows more expensive over the years.
Do not invest surrounded by government stock! that would not furnish you very much money!
Have a great daytime!
Other Answers:
Invest it in devout performing stocks or a CD at the hill. DON'T fall for those "get-rich-quick" scheme, they're as likely as not to clutch your money and run.
a credit card has nought to do with it simply keep it that passageway if you can.
Bank your cash and save adding to it!!.
Buy some stocks surrounded by a good company.
What is the best road for you depends on your personal situation, your goals, desires, plans etc. There are several possibilities, but with simply this information a good personal support is not possible.
Source(s):
I'm the owner of a company trading within stocks, CFD's, indices, FOREX (currencies) and some commodities, also providing our clients with financial advocate.
Does anybody own an hypothesis how much a mortgage of lb21,000 should cost?
Question:I am currently paying lb250 (incl. basic house insurance) for my mortgage. I enjoy had it in a minute for 10 years and have be told this is too much. I am very avid to receive answersAnswers:
Over what period of time is the mortgage for?
A 25 year mortgage next to the Coventry BS will cost you lb124 a month for a lb21000 mortgage.
Other Answers:
Holy c**p, I've got a much bigger mortgage and paying smaller amount each month as you over probably a shorter possession! Go change your mortage near www.egg.com!
Source(s):
There's a mortgage calculator on their site to give you a rough opinion
path too much for 21K, i pay smaller quantity than that for a 40K one. Lookink to knock about 100 quid pm stale it i reckon, shop around for a better deal Ours is just about lb140 a month over 15 years. There are loads of online mortgage calculators, but try IF.com, we had an excellent buy and sell with them on impossible to tell apart size mortgage a few years back
How much it costs depends on the interest rate charged by your bank. I'm not sure what the going rates are surrounded by the U.K., but in the US they're around 6%. You'll inevitability to get your rate from your loan paperwork. Microsoft Excel have a built -in template for figuring out mortgage payments. Pick "new" and "template" and (depending on version) find the "Loan Amortization". You can enter different amounts, interest rates and lingo (number of years). It will calculate the monthly payments base on the typical mortgage payment plan. You consequently have to tag on in any fees and/or insurance you take-home pay along with the loan transmittal to get your expected monthly allowance.
Very quick totalling 21,000 over 25 years interest only on a rate of 5.79 = lb101.33 per month. 21,000 over 25 years on a rate of 5.57 repayment mortgage lb134.18 per month. Yes you are paying alot. If you own clean credit you should not be on this rate. Hope this helpSource(s):
Mortgage Consulstant
My mortgage is roughly 21k and I salary lb130 a month with Abbey Reckon your one robbed by your current lender mate.
Shop around quite a few lenders will cover any charges for swapping - check them out.
how do I repair discouraging credit near a rack up lower than 300?
Question:I need to delete some court archives, charge-off and numerous inquriesAnswers:
You can't really "delete" records. Services that claim to "fix" your credit are any doing things you could do yourself (like argue with creditors over belatedly notes, arrange to close out charge-offs, etc) or doing something immoral (bribing creditors to ignore a slow payment).
The inquiries shouldn't impact you as much.
Below 300 is a bad rack up, one that includes numerous delinquent and charged-off accounts and reflects a outline of not paying bills on time. The single way to boost this sort of gain is to entirely change your pocket money patterns.
Let's start next to that. Have you gone through a layoff, divorce, serious illness, etc. that would hold left you crunched for bread and in a position where on earth paying down bills was not workable? Was there a liquidation? You can add these to your credit report as a personal statement. It won't boost your evaluation, but will help explain it.
Second, scrutinize your use of credit very markedly carefully. Pay past its sell-by date any old charge-offs that still appear. But don't send for up charge-offs that aren't still on your report - these would then reappear and drag your win down further. Set up payment arrangements beside your current creditors and pay down your debts consistently. Note consistently, not fast, because you want to prove you are reliable with your debts, not necessarily expedient, and it is better to discharge a little more contained by interest each month than to enjoy your cash flow crimped to where on earth you miss a payment.
Finally, time will comfort. As the calendar flips, old credit dings will crash away. This is really the only instrument to boost your score.
There's no breakneck solutions. That's just how the system works.
Other Answers:
I would basically go ahead and snuff out myself.
start by calling every co. you owe money to and then setting some type of expense plan with them
First, you don't get hold of to delete anything. Your charge offs, and judgments will tip out off 7 years after the finishing date they are reported. You need to settle on if you are really serious about fixing this wreak it is going to cost ya.
You can make arrangements to start paying on your charge offs, you can try to get hold of a sub prime auto loan, on time payments to that will increase your mark more than revolving or credit card accounts. Good luck.
First never give up and do not consolidate. G00GLE for minister to in the nouns of bad credit. Do lots of research and it will work out within the end. My friend have got her mark from 444 to over 550 in 4 months beside a private company (revitalizedcredit) that writes the credit bureaus and disputes the information. You should find one in your state too (I am within TX). Good Luck.
Source(s):
http://www.revitalizedcredit.com
http://www.criworldwide.com
Takes some time.
1. Take care of settling any existing debts.
2. If you can't attain a creditcard, try to get a gas card to start building appropriate credit.
It can be a very slow process. You should find a financial counselor and work close near them. The county might offer free financial counseling. Look for consumer services within your area. You should be capable of find a counselor that's free. I highly suggest you don't do it alone.
http://loans.mamayek.com/creditreporting.html
Source(s):
http://loans.mamayek.com/creditreporting.html
Should I agree to her? My mother surrounded by imperative think shes going to die and desires to liquidate her assets to us?
Question:She wont see a financial planner to secure her reserves and is spending her retirement quickly. She wishes to give it to us should I tolerate her?Answers:
If there's anything she really wants you to lug, have her afford it to you BEFORE she dies or there will be a big official hassle. Especially when money's involved. The inheritance tax is ridiculous. Any personal belongings (family heirlooms, dishes, silverware, and anything else) should be newly handed to you, the lawyer won't know what she had and what she didn't hold.
Urge her to see a financial planner or notary though. They will help you next to the bank accounts and stuff.
Other Answers:
Your mother-in-law requirements the professional help of a legal representative.
Yes or if you dont want to she can trust it to me
Yes. Put it into a trust to be used for her support should she not die. If she does, use the money as you please, as it was a bequest from your mother inlaw to begin beside, not willed!
I would. She requirements to know she's taking care of you. You dont' hve to spend the money. My friend's mother did duplicate thing and he invested the money. When she needed some becusae she lived longer than she expected, my friend be able to lift care of her beside her own money! When she passed, he was still not here with a nice inheritance.
but by one and the same token, my grandmother tried to give away a bunch of money in the past she passed and when she died, THE TIME FRAME MADE THOSE GIFTS REVERT TO HER ESTATE! There is a little particular tax statute which keeps a personality from being competent to give away their money 'in anticipation of release to avoid taxation'. It used to be 2 years. Now, I'm not sure. Please take the time to consult an attorney.
As long as she is of nouns mind let her dispose of her assets as she wishes. It can be a throbbing dealing with this even if in attendance is a will involved-I've been within and I know.
Yes this way she will hold peace of mind like my grandmother, after my grandpa died, she give her 7 kids a equal amount of money and she said here you go that's it. But I would describe your mother in statute to save some of her retirement so purely in skin she lives longer than she expected to.
you should probably check with a advocate.
I'm pretty sure that if she just give you her assets, there is a endowment tax due on everything over $10,000/persron. There are probably profoundly of other aspects then involve to looked into.
a living trust is the way to travel
If she won't go to a legal representative you should. you and your wife can have him set up a living trust for yourselves at matching time
how can paying down your visa elevate your credit gain?
Question:does it raise it fast or do they see if you charge things up again? i hate debt! hahaAnswers:
This is an online simulator that let you punch in variables to see how it will effect your FICO mark. I've found it very positive & your score does like lightning rise when you pay on the dot & more than the minimum balance on credit cards.
http://www.providian.com/cmc/fico_simulator.htm
Other Answers:
yes it does and once posted the credit report can be up dated and the score should rise.
Paying your charge cards down is great for you and your credit chalk up.
Right away..I think not. it take time to build up a good credit rating and if you've have problems in days gone by it takes a bit longer even.
However if you can run without debt by adjectives means do it !
and fitting for you!.
Good luck If you pay, it automatically raise your credit rating.
Buying a second house?
Question:I have a rental property. The rent I receive covers the mortgage costs for that one family house.I would resembling to buy a second house, which will become my primary residence. How much of an impact having a rental property would enjoy on my ability to get hold of a second mortgage loan (for the house I am planning to buy). Is it going to dramatically affect the interest rate I pay?
Is in that an online calculator for this?
Thanks
Answers:
Guidelines for loan qualification in relation to rental property specify that you be credited for merely 75% of the rental amount less the mortgage clearance, property tax installment and home owner's insurance installment. Any remaining rental profit is credited to your income for qualify purposes. Any negative rents using that division are counted as a monthly debt for qualification purposes.
If you are buying a primary residence your mortgage interest rate will not be impacted by the fact that you own a rental nor should your costs surrounded by getting financing.
The only potential refusal impact could be that the negative rental amount precludes your cleverness to qualify for the loan on the new home.
Other Answers:
It depends on your credit rating. I bought my current house in need having sold my first house, so I owned two homes for a while. My mortgage company worked beside me to swing the deal plus I get a great interest rate. But then, I own excellent credit.
because you already own a home, even though you don't live within it, your interest rate will be slightly higher. If your credit is verbs, most lenders will treat the rental as a wash. The won't supply you any allowance for the rental income, but won't include its mortgage in your total credit any.
Have done this a few times. Never an issue. The lender just considered necessary to see a few years worth of tax returns to substantiate the income and expenses.
Contrary to what the above poster said, it shouldn't affect your interest rate -- and if you hold a lot of equity contained by the rental it might even lower it slightly. Techzone12,
mazziatplay has nail it on the head.
Good Luck,
~Trey
Source(s):
Mortgage business owner
Can someone database ruin on property purchased during a relationship if purchased by the other creature?
Question:I had to reward off my ex's (never married) vehicle and travel trailer and put 50,000 down on a house contained by order for us to qualify for a loan on our unsullied house. Now that we have gone our seperate ways,he is threatening to folder bankruptcy a bit than pay me a cent. Can he really do this?Answers:
Unfortunately, he can profile bankruptcy, which merely makes it harder for you to collect. You did mention for "us" to qualify for a loan on our untried house... I'm assuming this means you both own this house together (BOTH of your name are on the title)? If this is the case, you can step to court, and sue him for your half of the equity within the house (and the original downpayment plus attorney's fees) - this may require him to get rid of the house (which he can't legally do lacking your signature if your name is also on the title also). While the money you used to rate off your ex's vehicle and travel trailer might be gone (but not necessarily), at least possible you might be able to restore your health your loss suffered in the mortgage loan. Good luck!
Other Answers:
Yes he can.
Consult a attorney as soon as possible. If you have proof that the money be yours, you probably have a shield. But he can file liquidation whenever he wants. A lot depends on the indisputable estate laws of your state, so consult a attorney soon.