Personal Finance - December 2007

2007-12-16 17:48:58 · 5 answers · asked by bossing_61 1

have a real hardship for you to answer i had to strokes last year from a birth defect and am on disability nowget only $1,000 bucks a month have credit card com. riding me when they will get there payment in full they want me to sell house but am maxed out in equidy so if i sell my house the bank gets all the money from house my wife applied for disability and they denied her i would apeal it but she doesnt have enough credits for working and i make to much money for her to claim ssi need answers that are realistic am at end of rope you can email me direct at kathy_patton@sbcglobal.net or answer on here

2007-12-16 16:31:11 · 4 answers · asked by Anonymous

I sent my online girlfriend that and havent heard from her. I never meet her am I a fool.

2007-12-16 16:23:38 · 2 answers · asked by Terrry G 2

This question is intended for users of Chase bank. The ATM is not one of those envelope free ATMs.

2007-12-16 16:23:23 · 4 answers · asked by Anonymous

I can't get it please help!...

John deposited $1,000 at a 10% interest rate for 5 years. How much more money will John have in his account from compound interest than from simple interest if it is compounded semiannually?


Simple Interest:
A = P + (P � r � t)
A = 1,000 + (1,000 � 0.1 � 5)
A = 1,000 + (100 � 5)
A = 1,000 + 500
A = $1,500


Compound Interest:
A = P (1 + r / k) k * n
A = 1,000 (1 + 0.1/2) 2 * 5
A = 1,000 (1 + 0.05) 10
A = 1,000 (1.05) 10
A = 1,000 � 1.62889
A = $1,628.89


how did it get $1,62889 ?

2007-12-16 15:39:30 · 2 answers · asked by pielago2001 1

I want to save enough to buy the iPod classic 160 Gb. and I usually get maybe around 170-200 bucks. So I have to keep on saving. How can I keep myself from spending it?

2007-12-16 15:21:20 · 3 answers · asked by Anonymous

I am in debt for$75,000.00 and really do not know what to do???
I can not sleep at nights and keep thinking how can I get rid of the debt?
Sometimes I just want to die.
Can something fix this problem??

2007-12-16 14:23:59 · 5 answers · asked by miti 1

If I borrow say 100K against my home line of credit at 6%. Then I plan to invest this in a low risk mutual fund. My two questions are:
1) I am hoping that I would be able to write off the complete 6000 dollars (cost of borrowing) while filing my taxes. Is this correct.
2) How much should be the minimum return on investment to make this a sound decision.
Thanks
Tin

2007-12-16 14:20:18 · 5 answers · asked by apeer98 1

I have told them not to call on Sundays because we do not do business on Sundays and they refuse to quit calling

2007-12-16 13:32:46 · 7 answers · asked by Tracie 1

we borrowed money from his cousin, my husband died last year age 53. Our home is in both our names - so is the loan. He had no insurance and I am left with a corporation that barley supports my household, we had no children in our 30 yr marriage. I am affraid I will lose my home to his cousin.

2007-12-16 13:03:27 · 5 answers · asked by Lanie A 1

2007-12-16 12:38:33 · 2 answers · asked by fiestababy05 1

I can prepay down to 90K or the whole mortgage but would need to sell some bonds, cash, and investments. Does it make sense to knock this down at the cost of losing securities? I am thinking that getting more principal and paying off interest is a good way to go. Currently my mortgage is about 750 interest and 200 principal.

2007-12-16 12:27:17 · 8 answers · asked by smither12 2

I've overdrawn my checking account two times already since I opened up my account and I'm really bad with not learning how to not buy everything in the stores that i want can somenone give me advice on how to manage my money and balance out my checkbook and save money in cehcking and savings?

2007-12-16 12:27:05 · 4 answers · asked by Gabby 1

my sister needs to transfer money to my account and my bank will not give it to me over the phone, i must come in to the bank, but i need it today... any tx wachovia routing number will work.

2007-12-16 12:22:56 · 4 answers · asked by BigConfusion 1

I was paid on a Money Network card through Metabank.

2007-12-16 11:33:05 · 4 answers · asked by teri8822 1

i have a credit card in macy(visa), in best buy(matser), capital one, chase freedom, bloomingdales(store card), saks(store card) and citibank card? they are all maxed out too? i will pay em back but i need help for the future? Can i cancel them or do i report them stolen and get rid of them forver? Even my credit score is 602 bcz of having many cards and not being able to pay on time. What do i do?

2007-12-16 11:23:41 · 0 answers · asked by Anonymous

i know they deduct the money from your paycheck. is it posssible i can pay them the payments before the deduct. say they deduct on friday. and i pay on tuesday would it still come from my pay check?

2007-12-16 10:46:10 · 5 answers · asked by Anonymous

Me: Mortgage $100,000.00; Credit Card Debts $2,000. No car payments. Child Support- Lots of $$$$$$

2007-12-16 09:10:50 · 9 answers · asked by afreeman20035252 5

So I put my mom, who has horrible credit, on one of my credit cards as an authorized user and she maxed out the $1000 credit limit. I paid it off when I got a balance transfer deal from another card and she said she would make the payments. Instead, she racked up another $1000 on the other card and hasn't paid me for the other card for three months. On top of that I let her put another $1000 on another card for car repairs. She just blows it off not realizing, or caring, that this could screw me over for life. What should I do?

2007-12-16 07:21:32 · 9 answers · asked by Brandon S 1

I owe $25,500 at 7.74% for a home equity loan. Unfortunately, I can pay only the interest for now (and until my car is paid off in another 16 months), and the interest charge is $168 /month. Balancing that out (in theory, I guess) is my IRA account with $31,000 - earning 4.87%.

I’m tempted to cash out my IRA to pay off my home equity loan, and put the rest aside to pay the tax penalty. Then I wouldn’t have the HELOC debt, but I also wouldn’t have any retirement savings either. (I'm 47 with no other retirement acct. or savings. And about $5,000 in credit card debt.)

What should I do? Is one option smarter from a financial perspective? Or should I just leave things as is -- where the two accounts seem to even things out ... but then what's the point of keeping them? Any help from financial experts would be greatly appreciated!

2007-12-16 07:17:08 · 7 answers · asked by idwhatever7 1

i have my moms credit card, and i can spend up to about $40 on anything. what should i get? (can order online or irn)

2007-12-16 06:55:07 · 5 answers · asked by silly girl 2

2007-12-16 06:25:23 · 12 answers · asked by Jose Z 1

i say ill spend it on needed stuff what should i do buy my dream stuff or buy food pay off bills and things like that

2007-12-16 06:23:46 · 9 answers · asked by Death Rat 2

without all the gory details, my wife's brother borrowed about 800 dollars from me, asked for me to sign the lease for his house and then moved out and disappeared. I realize I was an idiot.

I recently received a letter from the Ohio courts saying that he is declaring bankruptcy and listing my name as one of the people he owes money too. What is going to happen? The thing that baffles me is that there is almost no paper trail from the money I owe him so it doesn't make sense that he would list my name, right? I don't know anything about this stuff, I pay my debts and am conservative with my money and have NEVER had to deal with this.

Basically, what does this mean to me? Nothing, right?

2007-12-16 05:56:43 · 6 answers · asked by dirk daggerknife 2

Im thinking of quitting my job, and i have a bit in my 401k, cant i use that to live on while i look for another?

2007-12-16 05:31:36 · 5 answers · asked by idontwanttosay 2

Since it is a loan and we pay interest on it I figured it would not create a tax problem, but as the end of the year approaches I'm getting nervous. Am I right it is not considered income? I understand the interest it earns IS taxable. The amount is $60,000. Thanks!

2007-12-16 04:58:46 · 4 answers · asked by mary e 2

... does he have to wait 5 years?

2007-12-16 04:57:17 · 2 answers · asked by Anonymous

I just turned 18 and I have about $1,000 that I would like to invest or put into some sort of savings account. What are my options with the amount of money I have? I am going to be making more money while I'm in college so I would like something that I could possibly add money into later. I dont know too much when it comes to this stuff so any advice would be appreciated!

2007-12-16 04:54:23 · 6 answers · asked by Anonymous

How do I cancel my serivces with you. I have switched to a different provider. please do not debit my account anymore. thanks

2007-12-16 04:27:17 · 1 answers · asked by Anonymous

Can anybody tell me the whole situation about people losing their houses....because my parents might lose the house is there anything we could do to save the house from losing it and keep it in a good record I really don't want to move please help my family always move and I actually like it here please help......I would really appreciate it thank you....

2007-12-16 04:24:40 · 4 answers · asked by Anonymous