Personal Finance - February 2007

If I get a job,
and have money,
I want to be able to get a checking account.

Thing is I am only 16.

Can I still get a checking account?
Would it have to be under my name?
Or would my mother have to co-sign or whatever?

2007-02-05 17:18:49 · 4 answers · asked by Erickson B 2

Recently (1 mo) married. Looking to transfer home and some other assets into a trust or llc or corporation. Want to protect assets from divorce, entry into nursing home, and eventual death. I was thinking the way to go would be file a corporation in a state that does not require to disclose shareholders, but I'm not sure about the legal and tax implications of transfering proprty into it and also of not being able to show that I was compensated for the property. Any informed comments?

2007-02-05 16:14:19 · 3 answers · asked by - 3

I need to pay my friend back 5,000 right away. My line of credit and credit cards are over drawn and my salary (about 4,800 per month) is good money but I need to pay some other obligations. What do I do???

2007-02-05 15:49:23 · 5 answers · asked by goodman6079 2

Here is my story.
I am a 27 year old married mom of 2. Hubby is bipolar and can't work. I have a few medical ailments that prevent me from working much outside of the home.
We have about $15,000 of debt. Counsumer credit card, past utilities, medical expenses, etc.

We WANT to pay them off. Our problem is we don't know if we should work with a debt consildation program or simple file for bankruptcy. Our income fluxuates from $800 a month to $1500. We live in Ohio. Our rent is $605.00. We have no car payments. We own a 1982,1992,1993) We never go out to eat, go to movies, I am wearing the same clothes from when I was 18. Trust me, there is no way to cut back on anything.
I am just not sure if we can even afford to come up with a debt consilidation plan given our situation and income limits. Would it be better both emotionally and financially to just wipe the slate clean? Thoughts/Tips/Appreciated...stinky butts need not answer! THANKS!

2007-02-05 15:07:20 · 12 answers · asked by Anonymous

I'm turning 17 this month, and my mother is making me break down....she reads all my information on my computer, takes my webcam that I paid for away, 2 times. What a stupid, noisy b*tch....she tells my information to my granny, which I told her not to. Looks up my boyfriends house online to find out how much it's worth and about the taxes. We have a long distance 4 year relationship....she broke up my other boyfriends and I that lived here by being noisy and reading my email. I'm going to work as a nurse's aide this summer full time at a hospital. it makes 11-12 dollars an hour. i want to buy my very own car and be ready to move out in a year. My boyfriend lives in Fl, so we are moving down there. He makes a lot of money in his own business so he said he would pay for everything while I went to college..about 800 a day..could we make it on our own? I mean, could I make it on my own without him?

2007-02-05 14:21:16 · 14 answers · asked by *~*~*~* 4

My parents bank account was closed today by the bank (not saying any names) ..::cough:: Bank of America ..::cough::..

They closed it without warning and kept my parents and my college funds with them (67k +)

My parents called the IRS to make sure everything was fine, and no problems there.

My mom went to the bank to ask why her account was closed but no answes were given to her but instead she was kicked out by security.

Is there anyway we can find out what happened?

2007-02-05 14:02:50 · 7 answers · asked by Danys M 2

i have 100 dollars and need to buy 100 animals, chicks cost .50 cents , cows cost $10.00 each ,and goats cost $5.00 apiece , how many of each should i get, i have to spend all of my money,, and i need to know how to do this???

2007-02-05 13:54:24 · 7 answers · asked by David M 2

When you buy DRIP stock, company pay fee for reinvestment, do you have to pay taxes when the company pay out dividens or you have capital gain. If yes, the company will send us all the information that need, right? Thank you, i learn a lot from here

2007-02-05 13:46:44 · 2 answers · asked by think 1

If so, would you recommend them?

2007-02-05 13:40:07 · 8 answers · asked by ♣Hey jude♣ 5

2007-02-05 13:31:25 · 6 answers · asked by Brian 2

If I owe money on a student loan and they decide to take my taxes, does the government need to send me a letter first, or will it be a surprise?

2007-02-05 13:30:01 · 1 answers · asked by Aryca D 2

2007-02-05 13:27:03 · 13 answers · asked by bcsmt 1

Is there a way to fix my credit rating? For example, getting rid of bankruptcy, forclosure or any other delinquent accounts from my credit report. How?

2007-02-05 12:04:34 · 6 answers · asked by Rosie 1

One day I go to a ATM to deposit money ($100) So I stick in my card and by mistake I put in a $20 in the Envelope Deposit slot. When I realized this I checked to see if I could withdraw it and hit withdraw $100 by mistake and it did and my balance didnt change at all. I liked it so I did it two more times that day. I did it two more times today. All together like $500. But then I realized that I might get in trouble.. Do you think my bank will notice that I did this and if they do, what kind of problems might I be looking at??

2007-02-05 11:31:16 · 9 answers · asked by StraPPeD!! 1

2007-02-05 11:22:40 · 8 answers · asked by will_1120 1

I'm 25- single mom, work P/T, in-school, opened a Roth IRA, 529 College for my kid, have a savings... what else can I do??

2007-02-05 11:18:12 · 9 answers · asked by Mami_Cita427 1

2007-02-05 11:04:20 · 12 answers · asked by chardson90 1

Please share your experiences good or bad. Thanks!

2007-02-05 10:54:22 · 3 answers · asked by Caribou2 1

pretty much ok with everything else, problem is...I dunno how to cook, and I'm always eating out and making impulse purchases on food..what am I to do? Tried learning how to cook, no success!

2007-02-05 10:47:33 · 2 answers · asked by Sameera A 1

I need to get back on my feet financially, and I need to get an installment loan to do it. I have $4,500.00 in outstanding debt, plus four payday loans that I took out, (like a moron). If I could just get these things paid off, making payments on an installment loan wouldn't be a problem. But right now I live paycheck to paycheck, and I barely have enough to make my monthly bills, especially with those stupid payday loans hitting my account every week. I wish that I'd never taken them.

2007-02-05 10:37:49 · 0 answers · asked by jason237200 1

I have been living in my own place for about 2 years, and I have only one tv which is in the bedroom. Right now my boyfriend (who I don't live with) and I have been spending less time together because I feel so crowded because all we seem to do is lay around in the bedroom and watch tv. It's so crowded in my room so we have been arguing a lot.
At the same time, I have a lot of bills to pay. Do I take the extra money coming in and buy another TV or take all of it and pay bills? I think the extra TV might help the relationship, but I also have bills up the wazoo...What is your opinion?
FYI, the extra money is about $3500.

2007-02-05 10:35:32 · 5 answers · asked by Anonymous

I have tried to put my family on a budget, but doesn't seem to be working. If anyone knows of a link or website to where I can get a simple budget plan, I would greatly appreciate it.

2007-02-05 10:16:32 · 12 answers · asked by huff4423 1

I am changing employers and have a 401K. If I cash it out what kind of taxes will I have to pay on it? Also according to my quarterly It gives a amount that I contributed and the amount the employer put in. What is the amount I will be taking with me?

2007-02-05 09:49:39 · 9 answers · asked by grizleygal 2

2007-02-05 09:35:16 · 5 answers · asked by empirestainless 1

I am living paycheck to paycheck and am not able to save a penny. I live on my own and do not have time to get a second job (I work full time and go to school full time as well). Any suggestions? Please help!

2007-02-05 09:32:48 · 10 answers · asked by BJ 2

I am about to lose my truck, and I have some other bills to get paid.. I need help..

2007-02-05 09:08:31 · 6 answers · asked by ShellLiz 1

This morning The Husband reads the current news about Yahoo's Panama program and now wants to take $2800 and invest in Yahoo stock, and leave the rest in CD.
From Nenaclose1

2007-02-05 08:55:26 · 13 answers · asked by nena new news 1

I believe that my w2 forms were mail to my old address can i get a copy of them.

2007-02-05 08:22:33 · 8 answers · asked by JUWELS 1

I'm currently investing about $400 per month into my 401k. I could really use that money for bigger home mortgage. Would it be a bad idea to cancel my savings so that I can afford a nicer place?

Thanks

2007-02-05 08:02:20 · 9 answers · asked by Anonymous

2007-02-05 07:56:48 · 5 answers · asked by sweetrgirl789 1