Personal Finance - January 2007

How long do you have to keep bills that are paid, bank statements, etc.?

2007-01-31 08:32:41 · 2 answers · asked by drivershunnyhunny 2

We want retire in 15 years. Wife will have around $2000
in her teachers retirement, and a small SS payment, I will get $1800 from SS (they say), we expect to have around $750k in our IRA (roth) in 15 years!

How am I'm looking?

2007-01-31 08:30:56 · 5 answers · asked by Anonymous

How can a cheque which has cleared in my account, not have been debited from receiver's account?
Reason given was that it was lost whilst being processed!
How can this happen and what should I do?

2007-01-31 08:29:29 · 4 answers · asked by Plato 5

My aunt has a power of attorney for her boyfriend while hes out of country o business. She has done his taxes and wants to put the money in a bank account can she do that with a P.O.A?

2007-01-31 08:20:29 · 3 answers · asked by qtbabe010 1

2007-01-31 08:13:58 · 11 answers · asked by Princess Hard up 1

2007-01-31 07:50:10 · 5 answers · asked by jitnay 1

My College housing selection is upon me and I'm think of getting a single room. That way I don't have to deal with anyone bs. I'll have my own space and be able to keep and neat and clean as I won't.

The only draw back, is it 7440 for the year.

Now what I'm thinking is peace of mind vs debt?
Which is worth more?

So should I do it go for the single room?

I plan on filling and applying for as many scholarships as I can knowing the added cost.

Now the question is peace of mind worth more that debt?

2007-01-31 07:49:22 · 8 answers · asked by ArchAngel Raziel 3

I have had them for many years and never been late but due to my lower income and the higher interest rates (they keep raising them and now I have 29.9% interest although I have never missed a payment or been late. There is no money to send them. No way to cut anything as I live bare bones right now and I have no assets, no car, etc. I heard that if I send them 5 dollars a month they can't do anything to me. However the interest on the cards is about 200 a month and with a late fee and over the limit fees that will begin to accumulate, the 5 dollars will really do nothing to reduce my debt. I know that but want to avoid them suing me as long as possible (although I have nothing of value for them to take and only make 700 month and have a dependent. My question is do I send the 5 dollars with the regular payment voucher or do I send a letter explaining my situation and the 5 dollars to the customer service address? I have no money or time to file bankruptcy.

2007-01-31 07:28:12 · 7 answers · asked by reallyfedup 5

Most preferrably the way the doesn't involve delivering papers.

2007-01-31 07:16:25 · 18 answers · asked by wasimgasim 2

I have been trying to sell my house and I have a buyer but I have to hold off a foreclosure for about 30 days. I have asked the bank but they wont extend the time. can I start a bankrupcty to hold off the foreclosure

2007-01-31 07:12:56 · 13 answers · asked by cheryl T 2

haven't made payments in a couple of months. can the bank close it?can i get the money back?

2007-01-31 06:55:13 · 1 answers · asked by Marie 1

230,000 by the time I retire in 12 years - can i get it all in a lump sum check or do i have to get it monthly minus taxes? The $$ amount sounds awesome but too good to be true maybe? Thanks! Oh, and also, in 12 years i will have 30 yrs of service, but will be younger than the age (65) required to get "maximum" benefits. What does that mean? I don't get all of my money? I don't understand that at all. Thanks in advance to all that try to help/explain.

2007-01-31 06:47:11 · 4 answers · asked by lordydordy42 2

I go to school and work. I make about one thousand a month. I don't have much bills but lets say about 300 a month on bills. I live with my parents for free. I don't have interest on spending on anything but clothes. How much should I give my parents a month to help out and how much do I keep for myself to buy clothes and lunch. Then how much should I save?

2007-01-31 06:36:53 · 16 answers · asked by Treats S 1

I am receiving a little over $3,000 in my refund. I already know I want to save it until I move from Boston to L.A. in Aug/Sept and use it for a downpayment on a car. But until then, is there anything I can do with it for a short term (6-7 months) that I can have it work for me? Ex: Safe investment, interest, etc.

2007-01-31 06:24:30 · 7 answers · asked by Anonymous

I want to do financial planning on a part time basis. I have a decent career in banking that I'm not ready to walk away from. I have the right academic credentials for financial planning, I have a masters in finance, undergraduate in business and a certificate in personal financial planning. Still if prospects ask I don't plan on misleading them. I will tell them My full time job is in the general finance area of banking but my academic background is well suited for financial planning. Do you think it will be difficult to obtain business without being on a full time basis?

2007-01-31 06:19:45 · 3 answers · asked by Bruce Tzu 5

2007-01-31 06:11:18 · 6 answers · asked by *!* T-R-O-U-B-L-E *!* 1

John Roberts has $42,180.53 in a brokerage account, and he plans to contribute an additional
$5,000 to the account at the end of every year. The brokerage account has an expected annual
return of 12 percent. If John’s goal is to accumulate $250,000 in the account, how many years
will it take for John to reach his goal?

2007-01-31 06:09:37 · 4 answers · asked by **LIBERTY** 1

I need to know if I can cash a money order at my local post office.

2007-01-31 05:47:51 · 10 answers · asked by italiana2683 2

2007-01-31 05:28:59 · 6 answers · asked by georgewallace78 6

2007-01-31 04:56:32 · 11 answers · asked by Anonymous

2007-01-31 04:53:06 · 32 answers · asked by lachiquilis1 1

I make about 24k a yr maybe more depending on my self empolyed income.
Every two weeks I save $1k in a CD account.
"I'm trying to save for a home"
M'I on the right track in doing so?

2007-01-31 04:48:11 · 5 answers · asked by madelene r 1

I had a $1200 medical bill. I have paid $500 over the past 2 years to the Dr's office. Now a collection agency is calling me. They will not allow me to make my low payments. What will happen if I just continue to pay the Dr's office?

2007-01-31 04:45:07 · 4 answers · asked by diegos0224 1

2007-01-31 04:25:38 · 1 answers · asked by bobbie b 1

perhaps commute it to my company pension?

2007-01-31 03:43:17 · 7 answers · asked by Boscombe 4

I know that banks charge big fees & such for bounced checks, overdraft fees, paying the largest check 1st & bounce the other 3, some even charge per week for being overdrawn. But when do we turn to ourselves & say "I have a lot of control over the fees I am charged". If you have $50 in account, write 4 checks for $100 each & get mad we got $30 fees X 4?

I work for a credit union & make no excuse for kicking someone when down! But come on! There are errors on the banks & publics side but Im talking about the regular everyday stuff. People who overdraft 10-15X/month, live off the o/d loans, use other ATMs 2X/day & get fee of $4 to get $20!

And I know that $30 is a high fee for o/d by $2. But it is called a penalty for a reason! It is to discourage the use of. Do you think it really costs a city $30 b/c you didnt put a dime in the meter? No, its to teach a lesson for next time to be careful. Just like credit cards, folks complain about late & over limit & still charge any way!

Additional Details

20 hours ago
I brought this topic up because I was reading an article on MSNBC about fees charged for small purchases.

Why blame the bank b/c you dont keep track of spending? Or just dont care? What about personal accountability? I am as much a consumer advocate as the next guy, but are we not to share in the blame for this? If we stopped making it so profitable for banks because we dont write down we went to the store, there would be no fees!

Again, I know that we all make mistakes, I have done it myself. Cant we accept our mistakes as that & move on? Why must the blame go to the deep pockets because we cant add & subtract?

2007-01-31 03:38:39 · 0 answers · asked by ricks 5

2007-01-31 03:05:55 · 6 answers · asked by LiseAnne D 1

2007-01-31 03:01:06 · 7 answers · asked by LiseAnne D 1

If you plan to invest these money into the business? Any ideas how to decrease the amount that goes to uncle SAM when getting your 401K money early?

2007-01-31 02:54:00 · 4 answers · asked by Michael R 4

how do i figure out the money i will make on it

if i lend $50 @ 15% for 3 yrs how much profit would i make?

looking for a simple equation

thanks

2007-01-31 02:47:12 · 3 answers · asked by Anonymous