Personal Finance - January 2007

2007-01-16 06:06:55 · 2 answers · asked by Felix C 2

im 23 and have got myself in a hole that i cant get out of im selfemployed so evey month i make a different amount,i have use my credit cards to live off of,and now im haveing a really hard time paying them off,i want to consolidate my debit or do debit management i dont know witch one to do, i spoke with somone from credit solutions but i dont know if i should go through them there is so many out there,does anyone know of a good place to go threw? also i have been researching online and read you have to be in collectins to get in one of these programs in order for the companys to settle, i have never been late on any payments so sould i just stop paying them? and mabey rake up some more debit b 4 i go threw with it?

2007-01-16 06:05:14 · 15 answers · asked by daisy d 2

(Somehow my parents were able to get them to let me attend when I didn't have all the money.) They're not actively collecting - but are witholding my transcript (for 3 lousy semesters) as a result. No scheduled payments. Will Chapter 7 erase this bill? I really want to go back to school and I'm not getting any younger. I stay at home with my 3 young children right now and my husband works. Child care costs were exhausting my entire net income, so I decided that I would stay home instead. (I need more education in order to get a job that would make enough money to see a profit after child care). I've had many credit problems as a result of having to leave work including a reposession of my car and a judgment for a hospital bill from when I gave birth to my first child. My credit score is very poor right now and has nowhere to go but up. Also, if I file for bankruptcy without my husband, what happens to my house - which is in both of our names? We've never been late on a mortgage payment

2007-01-16 06:04:10 · 5 answers · asked by RenaissanceMom 3

2007-01-16 05:57:06 · 5 answers · asked by tamuriilanaclime 1

If I open a joint CD account of $ 90,000 in FDIC insured bank, my money would be safe ?

2007-01-16 05:49:55 · 2 answers · asked by sanjay_makhijani1976_29 1

We have a large balance on a credit card. We have every intention on paying it and are making monthly payments on it...they are small but its still better than nothing. We received a summons & complaint from an attorney who had the account turned over to him. The attorneys office wants a huge amount monthly to pay off the balance but we can not afford it.
The card is in my name. My husband is the only one that works. We have 2 children and for me to work and place them in daycare, would put us further in the red.
What are we supposed to do? Whats going to happen once it goes before a judge and a judgment is entered?

2007-01-16 05:21:39 · 8 answers · asked by ea1825 2

A friend of mine insists that saving money is more important than paying off credit cards. I advised her to take the money earmarked for savings and add it to her credit card payment. Her co-worker (a self-proclaimed financial expert) advises her that savings is most important but I'm not sure he knows about her debt situation. While I agree with her co-worker, the fact remains that paying off credit card debt at 14% takes priority over saving at 2%. The only exception I could think of was "emergency savings" which I do believe should take priority over credit card payments. Am I correct?

2007-01-16 05:04:49 · 15 answers · asked by doppiozerobaby 2

2007-01-16 04:48:17 · 4 answers · asked by Jennifer W 1

what it is i have to buy some stuff from china and i have to pay them buy an account in swissland,how it is? and what it is? i don't know.can anyone helpe me at all on that?

2007-01-16 04:48:03 · 5 answers · asked by jayjay 2

2007-01-16 04:37:34 · 7 answers · asked by Brian G 1

Ok, We got a joint acct in august 06. We both put 50 dollars a week into a personal acct which should leave PLENTY of money for the bills and to put away in savings. The whole idea was to use "OUR" money for bills and savings, and use personal money for things we want.

PROBLEM: he uses our money for stuff he wants, and then complains that we havent been able to save much money. When I confront him with the facts and ask him what these purchases were for, he gets defensive and goes off on a tangent about how he had more money when he had a personal acct. Im NOT going back to having seperate accts because I always paid for food then. He never went to get groceries, it was ALWAYS me. AND that was unfair to me since he ate the food too.

So how do I confront him with all of this without starting a fight with him. I HATE fighting and we dont do it often. He just gets so defensive about money! Any ideas on what we should do? Thanks.

2007-01-16 04:31:18 · 16 answers · asked by Angel Eve 6

Is there anyway one could check the bank balance of an HSBC issued Maestro card online from the UK?

All you answers are greatly appreciated.

2007-01-16 04:24:17 · 10 answers · asked by Azhdeha 2

Lets say I retire in the future with 2 million dollars(Roth IRA+401K). I am thinking of a way to maintain that money, but while trying to live on the interest I Could possibly get. Let me know if this makes sense. Lets say I have that 2 million and I use 1 million of it. I can do what I like with the 1 million and invest the other 1 million in a 1 year cd at say 5% APY. Is my math correct here? That means on the interest of that CD(which I believe is paid out monthly) I would get $4,167 montly just in interest. I am thinking it would be smart to try to maintain the money I have from my retirement. I could then live off that interest for as long as I feel necessary and then take out my 1 mill principal and throw it together with my other 1 million. I have been retired, but will show no loss financially. Now my point of doing this would be to leave my grandchildren some money for college and other things like that. Obviously I cant take the money with me, but I could pass it on. Thoughts

2007-01-16 03:20:22 · 8 answers · asked by Jason K 1

2007-01-16 03:14:04 · 3 answers · asked by darkscuall 2

We're planning this really big trip this summer and I want to start saving money now and I have no idea how i can do so.......somebody help me out. THANKS:P

2007-01-16 02:46:05 · 7 answers · asked by Anonymous

2007-01-16 02:36:30 · 2 answers · asked by sub_1441 1

Can you close a bank account by letter or do you have to go to your local branch for this?

2007-01-16 02:25:34 · 9 answers · asked by I~Love~Baileys 3

Is there a Company called Lottery International? Are they real? They have sent me e-mails saying that I have won there lottery and they want me to send them money to send me the offical Certificate and a bank cheque. The company is called Lottery International PO Box 1010 Liverpool,L70 1NIL United Kingdom

2007-01-16 01:58:16 · 2 answers · asked by BJCOULOMBE 1

I want to make money out of lloyds spend and save, anything I buy for less than 50p leaves me with a profit.
What can I buy where and how do I know my card details are secure?

2007-01-16 01:54:11 · 5 answers · asked by Anonymous

2007-01-16 01:47:56 · 4 answers · asked by bonniebriggs 2

ok, i just moved into my 1st crib(yay!!) so i changed my drivers licenz address to the new one. i have not recived it in the mail yet!! so can i still cash my check if the address on my paycheck is diffrent than the one on my licenz??

2007-01-16 01:43:52 · 6 answers · asked by Anonymous

2007-01-16 01:13:19 · 7 answers · asked by dave m 1

I am looking for answers pertaining to your dream date.

2007-01-16 01:05:39 · 4 answers · asked by Anonymous

I just don't understand. What is this garbage about payments going to interest instead of the principle or just the balance? If I have a 100 dollar payment where 90 goes to interest and 10 to the balance, does that just mean that my loan has $90 of interest charges per month?

2007-01-16 01:00:01 · 6 answers · asked by Anonymous

2007-01-16 00:58:40 · 8 answers · asked by Anonymous

I think it is the same, but if it is different can someone explain in simple terms what the difference is
Thank you.

2007-01-16 00:56:33 · 4 answers · asked by spidermike 2

If you were told by doctors that you have a terminal condition and all they could do was help the pain so you didn't suffer.

2007-01-16 00:56:20 · 8 answers · asked by Anonymous

2007-01-16 00:47:47 · 3 answers · asked by Paul R 1

see, there's this thing to buy.. and I can barely save.. damN!!

2007-01-16 00:13:07 · 7 answers · asked by moi et nash 1

I have got myslf in a right mess due to ill health.
I now owe nearly £10,000 to credit card companies and i am really struggling to make the payments.
I want to pay this money back as i got myself into this mess.
But what help is there out there for me to manage these debts without declaring myself bankrupt.

2007-01-15 23:14:04 · 14 answers · asked by Anonymous