Personal Finance - July 2007

So I am going to grad school in september, I have $5600 left to pay on my car and I have over $10K in savings. Grad school is going to cost $2000 a month if my student loan doesn't go through and I was thinking of keeping the savings money just in case. The money saved up is partially what I was saving to pay off the car (interest 8.9%) but now that there's school coming up I just don't want to go broke overnight.
I think I should pay off the car solely based on the fact that if I get a student loan at 7%, I will only have to start paying it off in 2 years whereas the car will be $300 every month whether or not I'm in school or I'm working.
If you were in my shoes, would you pay off the car or continue to make monthly payments instead? It's a depreciating value item so I didn't want to tie money into it, that's why I can't make up my mind.

Thanks.

2007-07-01 11:51:15 · 10 answers · asked by gabyrig 3

I have included my telephone number to be contacted. Please contact asap!!

2007-07-01 11:14:29 · 3 answers · asked by Anonymous

My son has been ill for over 3 years, with on-going medical bills piling up. We traveled to Mayo Clinic in Rochester MN last year, and all the travel expenses broke our bank. Our insurance barely covers the minimum, and it's over $40,000 in bills that we can't cover.

My husband has been working 3 jobs for 2 years now, but we're broke. Any suggestions?

Thanks in advance.

2007-07-01 09:05:57 · 4 answers · asked by just me 4

2007-07-01 08:27:26 · 6 answers · asked by mac 1

Does anyone know what (if any) are the penalties for withdrawing some or all of your retirement funds to use as a down payment to purchase your first home? I have a 457 retirement plan and I am considering pulling out $10K to go towards the purchase of my first home. Normally I would be penalized 30% but I heard somewhere that there are 3 circumstances where this is allowable without penalties. Can anyone vertify this is accurate or tell me where I can get more info.

Thank you!

2007-07-01 08:22:28 · 3 answers · asked by one4Christ 1

2007-07-01 08:22:28 · 2 answers · asked by JessC 1

Is there any website that will allow you to buy british CASH and pay via PayPal.. Say you have money in your PayPal, but don't want to withdraw into bank, but want to convert to cash some other way...

Thanks.

2007-07-01 08:10:44 · 5 answers · asked by Anonymous

I am considering purchasing a second home, I have considerable money in an IRA and would like to use some of it as a down payment on property.

2007-07-01 08:06:13 · 4 answers · asked by ljk 1

If i buy something with my boyfriends credit card and if i put my home address instead of putting his home address do he still is going to know that i bought something with his credit car??

2007-07-01 08:04:16 · 10 answers · asked by Anonymous

I am moving out on my own, my relationship of 3 yrs is over,I am trying to save myself some money

2007-07-01 07:46:58 · 2 answers · asked by gimpster8466 1

we will be here for three years

2007-07-01 07:25:07 · 3 answers · asked by Anonymous

Is there any free program you can use to keep track of your monthly bills and figure them monthly?

2007-07-01 07:21:45 · 2 answers · asked by oscarsbaby2000 2

in england

2007-07-01 07:20:12 · 5 answers · asked by Anonymous

Where do i stand legally? I no longer live in the house so its her home. She is on benefits so buying me out is not an option! Can she drag the sale through the courts and it cost her nothing because she is able to claim legal aid but cost me most of the profit from the sale of the house because im a hard working tax payer??!!. She has had 5 years to get her act together and get a job and buy me out....so i have been more than reasonable! I want to get another mortgage so i need the profit from the sale as a deposit. I cant afford a 100% mortgage....why should i put my life on old and pay through the nose for renting a home????? I fed and clothed her and her 4 kids for 12 years ...to find out for the last year of that time she and my best "friend" where having an affair! I walked away with nothing but my clothes!

2007-07-01 07:16:56 · 12 answers · asked by plasticcow2003 1

2007-07-01 07:03:22 · 10 answers · asked by Anonymous

I'll be traveling to China and need to know which card is better to use when getting cash.

2007-07-01 07:02:41 · 5 answers · asked by Abby 1

How am i going to save up $80 dollars in less than a week when i am too young for a job and can't get any money from parents? Is it even possible?

2007-07-01 07:01:07 · 4 answers · asked by Anonymous

with credit card debt around 20K? I want to buy a house fix it up flip it sell and with that money pay off my credit card debts cause at this rate it will take years and years to pay it off.

2007-07-01 06:59:39 · 7 answers · asked by burppyy 1

2007-07-01 06:45:41 · 3 answers · asked by Built O 1

If the unearned service revenue account had an unadjusted normal balance of $3,800, and an adjustment was made debiting the account for $500, the account would appear on the adjusted trial balance of the work sheet as a:
Question 12 answers
$4,300 debit
$4,300 credit
$3,300 debit
$3,300 credit

2007-07-01 06:44:34 · 3 answers · asked by mke 2

is there a site or a place i can find definitions of financial class in the united states? for example how much in terms of dollar amounts, equals lower middle class, middle class, or upper middle class

2007-07-01 06:26:40 · 9 answers · asked by steves puppet 1

info@equitybankplc.com this is the email that i recive form and i would ask is this SPAM or what he need 850$ to complete the procedure

thx

2007-07-01 06:05:14 · 11 answers · asked by ekashkash 1

But he takes months to pay you back.
Every time you ask him for it back, his excuse is that you earn a lot more mony than he does.
Is this grounds for friendship divorce?

2007-07-01 06:01:14 · 16 answers · asked by Anonymous

if i was to donate stuff at a goodwill store, can i sell my items to them for money??

i.e. like a buy and sell

2007-07-01 05:44:34 · 9 answers · asked by Anonymous

I am worried about a questionable neighbor getting a hold of enough info to open a card without her knowing. How would I find out if it has happened already?

2007-07-01 05:40:30 · 5 answers · asked by adonis seeker 1

I want to buy a car privately with cash, but how can I get cash from my credit card?

2007-07-01 05:22:27 · 13 answers · asked by jaygee 2

to raise my score as much as possible. thanks

2007-07-01 05:15:54 · 4 answers · asked by sweet2006 1

Me and a few of my friends want to have a car wash to save money for a roadtrip,we're 16 can you give us any suggestions at all?

2007-07-01 05:15:20 · 3 answers · asked by Bettybop 1

I need a job and Im 15, what can i do to earn moneys fast?

2007-07-01 04:41:14 · 1 answers · asked by Natalie M 1

Okay, here's the deal... i need money pretty quickly but my dad doesn't want me to babysit n.e.1 except my neighbor!
How do i make MONEY?????????

Oh, by the way i already asked my parents if they'd give me some... it wasn't much!

2007-07-01 03:52:26 · 3 answers · asked by Anonymous