Are you/have you been in debt? |
| How did you cope, if you did?... |
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What would you do with $10,000? |
just out of curiosity... Additional Details i just happen to have been awarded a little over $10,000 in a settlement, so it's tax free. i have a student loan to pay, but i don'... |
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Can someone please tell me what a 401(K) is?? |
| Can someone please tell me what a 401(K) is? I am really not to sure.... |
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I owe $8000 in credit card debt. I have 4 different cards? |
First owe $4800
2nd owe $2400
3rd owe $640
4th owe $90
How can i get this paid off fast?... |
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Can an 18 year old get a car loan with no co-signer? |
| I have a steady job, have three credit cards, a cell phone account, and have always paid my bills on time. I'm completely paying off my credit cards in a month and I'm hoping my credit ... |
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I need to get a loan, How do I do this? What are the qualifications? |
| Actually, My best friend is 18 and moving out of her house for good, and she wants to get a loan in order to pay off the bills her parents had forced her to pay, rent an aparment, and maybe get a new ... |
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How do i get out of my car payments? If i let them repo it, will i still owe the company the $ on the car? |
| I bought my car 2 years ago brand new with only 7 miles on it, and i was making monthly payments on it just fine. But recently i had a child and my child's expenses are costly to a point where i ... |
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Starving college student!!? |
| so i have -133 dollars in my bank account and 22 dollars before my credit card maxs out, im sooo broke. i do hold a fulltime job but my bill are insane. i can never seem to get caught up. i was ... |
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Can i use a visa gift card on ebay? |
| i have a visa gift card and i want to buy something on ebay. im only 15. i know they SAY you have to be 18 but will they know if i just use the gift card???... |
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£5000 to put into savings, wheres the best place? |
My other half has £5000 he would like to put into a savings account wheres the best place at the moment
or does anyone know of any savings comparrison sites that i can have a look ... |
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How old do I have to be to open a bank account with no cosigner? |
| I want to open an account that I don't have to have my parents on with me. That way they have no access to the account and my money stays my money. I know that sounds a little cold. But it'... |
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How Do you ask for your Money Back that someone borrowed? |
| Ok I lent and (ex-boyfriend) he was not my boyfriend at the time, money because his liscence was suspended and he needed the money to get it back. At the time I lent him the money he was not employed ... |
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What can you do with someone's social security number anyway? |
what's the big deal? Additional Details P.S. I'm not looking to do anything with anyone's social. I was just curious. I just don't get how identity theft is that ... |
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gododjgjodjod | Does the average person have close to $100,000 saved up.. by the age of 30? |
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robert w
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Thanks for the giggles.
the 'average' person by 30 is in debt by 8000$ - 150000$. the average person is living on 1 -2 yrs of advance pay not even paycheck to paycheck.
visit daveramsey.com to be informed. |
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Mr H
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The average person CAN.
But the average person WILL not. |
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Geaux LSU Tigers!!!
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Whuuuut?! I have about that much debt... |
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Judy1
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I suppose a few people do by that age, but certainly not average. |
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Thin Kaboudit
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It is certainly very easy to do so, but unfortunately the vast majority of 30-year-olds have debts, not savings. Schools teach basic math, but most people allow wanting a new car or a big house NOW get in the way of the common sense that would make them stinking rich later.
Assume someone starts work at age 20, earning $25,000/year; and invests10% of each paycheck in a fund averaging 12%. Saving 10% takes NO EFFORT, because almost any one of us would take a 10% paycut over being fired! That $2,500 a year will become $49,136 by age 30. If you use this model, and a little effort, you can save 20% of every paycheck and have $98,273 by age 30. If you are fortunate enough to work somewhere offering a 401(k) that matches 3 or 4% of your deferments, you can effectively achieve a savings rate closer to 25%, and have $137,000 and change by age 30! And that assumes NO ANNUAL RAISES EVER! |
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calmdown
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you could if you don't spend any money |
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Elizabeth Aragon
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the average person in Hollywood? possibly.... |
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DebtFree
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are you kidding? most people in the USA do Not save and are broke. And are in debt up to their eyeballs. |
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Angie <3
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not even close. |
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mschultz59
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Statistics and financial web sites say no!
"The number-crunching folks at the U.S. Commerce Department's Bureau of Economic Analysis dished out some discouraging news recently, saying that Americans spent more than they earned in 2005 -- a negative savings rate of 0.5 percent for the year. That's the first time that's happened since the Great Depression. " |
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17
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maybe by 40 |
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keypointist
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No. |
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RoB
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if you live free at home |
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Clarisa
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Ha...I wish!!! The average rich person maybe....where did you get that statistic? |
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Rai
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I would say no..... |
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itry
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If so-I'm in trouble and I hate my life! (JK!) If you save your money and let it compound interest, possibly, but I doubt many people can save that much by such a young age. |
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Mary T
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Very simply....no. |
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tim d
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Not if your in debt |
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