 What are some ways to save money? |
I'm not talking putting it away in the bank,
I'm just talking about cutting my expenses.... |
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 If you came upon a "bazillion" dollars, what would you do? |
Please priortize your answers.
Additional Details
OK, the word "bazillion" really doesn't exist. But I mean like a million to the nth degree...... |
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 How much do you think i should pay my sister for this? |
| I am making a new website very soon, and I want to figure out how much I should pay my sister. I am designing the website, and she is building it, and hosting will be $4.95 a month Say I have a very ... |
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 I need a personal loan of 12,000 usd as soon as possible with no collateral and no upfront fees ??? |
| NEED TO CONSOLIDATE BILLS SO I ONLY HAVE ONE MONTHLY PAYMENT... EVERYONE SEEMS TO WANT ME TO PAY TRANSFER FEES... WE HAVE POOR CREDIT SO IT SEEMS LIKE NO ONE WILLHELP US AND WE ARE DESPARATE !!!!! !!!... |
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 Royal Bank Of Scotland? |
| I have an appointment today with RBS and all i want to do is open a new bank account ( i don't have one at the moment) i think it's called a key account, a very basic account, i am going ... |
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 Build savings VS paying down debt ? |
| My wife and I have approx. $9,000 in credit card debt - $7,500 on one card thats 14% interest and the rest on a card thats 18% interest. We have an online money market savings account that yeilds 4.75... |
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| What's the biggest ammount of cash you have walked into a shop with? |
| Mine was £2750.00 all in £50.00 notes when i went to get a new tv.... |
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 I have a net worth of 210,382.01 at age 30. is that good? |
| I know good and bad is mostly relative to something else. In this instance my peer group. I have 982,000 in assets and 771,000 in liabilities giving me a net worth of 210,000.00. Is this good or bad ... |
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 Boyfriend is using his credit cards to buy items he can't affroed to pay back...Help ? |
| My boyfriend has not kept up to date on payments on his credit cards and is still using them.....He knows he can't pay them back and so do I. Am I in trouble knowing this? Is he in trouble? W... |
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 Should i give out my credit card number??? |
| Should i give out my credit card number to experian when trying to get my free credit report online??? If the answer is NO then why???... |
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 Do you know of any loan companies that will give me a loan if i have a default against my name? |
I have tried a few companies and they all ask for £49.00 upfront and i never get the loan or i need a guarantor. I need to borrow £7000 so the payday loans are no use. Any advice would be great.
... |
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 Bail out plan 1 million for us not Wall Street!? |
| Instead of spending $700 billion dollars to "bail out" Wall Street what would happen if the Feds would just give each US family 1 million dollars? I would buy for sure! I have a job at a ... |
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 I need a job...? |
| I am only 14 but am in major need of cash. I've talked to stores, but they only accept at 16... Any ideas?... |
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 What is the most expensive thing you have ever bought? |
what have you bought that cost alot?
(sorta the sames question)... |
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 Are there any home based jobs that don't want you to pay $300 or more for some kind of fee just to start? |
| no meleneuka please no selling please something to make real money not $20.00 a week any suggestions........ |
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raina | How much can cash can I deposit at a bank no questions asked? |
I'm graduating college soon and as a graduation gift my parents are giving me $10,000, but all in cash. can i deposit it all at once in my bank account without the teller asking questions or should i deposit small increments at a time over the course of a few months. |
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•♦๑•TxRose•♦๑•
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It's not so much the tellers u hv to worry about but the government agencies. I believe it's $10,000 and above that will get u noticed. So u decide what to do. |
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lizzgeorge
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I work at a bank. If you deposit--or withdraw--$10,000 or more in a single day, they will probably fill out a suspicious activity report. It doesn't matter if the money is in cash or not. But the report is really no big deal; it's just for documentation--and they'll compare your name to the terror suspect list and make sure you're not on it. In fact, at smaller community banks, they don't even have to fill it out I don't think because they're not as regulated. People do these transactions all the time though; don't worry about it. |
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ParisLynn16
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I would deposit at all at once. There is a suspicious activity report that bankers are supposed to submit when 10,000.01 is deposited. If they ask you about it, you say it's graduation money. Therefor, there would be no problem. Otherwise, if you were to deposit little amounts at different times, that's going to look more suspicious, especially if you don't do it on a regular basis. Get what I'm sayin??? Personally, I would take the money into the bank and speak w/ a financial advisor. Most banks don't charge you to speak w/ them and HONESTLY they will NOT try to make money off of you! They will tell you the best ways to invest that money so you can make more money. Drawing interest and etc. Good luck and have fun w/ the dough! |
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Soleil
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Deposit the entire amount all at once.... anything $10,000 or more needs to be reported...., but you will raise more of a red flag if you do it in increments. It will look as though you are trying to hide something. If in fact you get a call regarding the $10,000.. just tell them the truth......., your parents gave it to you as a graduation gift. |
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kit
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Ask your parents for a check. Why would you want to walk around with that much cash? |
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tonalc1
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Keep your deposit under $10,000.
However, it might be a better idea to have your parents transfer the money into your account, rather than your carrying around that much cash. |
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Morgan W
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Assuming that you are in the states then any deposit for 10,000 will trigger questions from the bank. Deposit $9,999.00.
I don't know if any applicable state laws may apply but I've never heard of any. |
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Rob D
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You are referring to the filing of an IRS form 8300. It is required for any cash or cash equivalent transaction of $10,000 or more. First of all, if you were paid by personal check, this doesn't qualify. Second, if you were actually paid in cash, it wouldn't matter how many separate deposits were made; it would still be technically required to be reported. Of course, the bank probably isn't going to know any different.
The whole purpose of the reporting requirement is to prevent money laundering and tax evasion. A gift of $10,000 is below the annual gift tax exclusion. So what if you have to fill out a form? |
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charlieandluella
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deposit $9,999.99. You have to fill out a form if the total is 10 grand |
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Ethan
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The answers people are giving you above are not exactly correct. Each time you make a cash deposit of USD$5,000.00 or more, a US bank is required to submit that deposit information to the IRS directly.
The real question is how badly are you really trying to hide that money from the IRS? Are you really trying to avoid questions at the bank or from the IRS?
"As to the 2007 annual exclusion for gifts, the first $12,000 to any person (other than gifts of future interests in property) isn't included in the total amount of taxable gifts under Section 2503 made during the year."
In 2006, this limit was 10k under the Federal Gift Exclusion program. |
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fretzdawg
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You can deposit it all at once. Obviously, you need to have an account at the bank. But there is no maximum deposit. Be careful about walking around with that much cash on hand. |
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Louis G
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I believe that any deposit 10K or over has to be declared as income when you do your taxes. I would deposit a few thousand at a time. Maybe a week apart for each deposit. |
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iraqisax
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Open accounts in several banks. It's always best when the left hand doesn't know what the right hand is doing. |
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Steve
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In any case, be careful having parents depositing the money into your account as a gift as well. if ever there is a medical emergency with your parents and they go into a nursing facility, the gov has a right to go back 3 years and take the funds that were gifted. I believe parents can gift up to 6,000 per year to their children legally but banking beware just incase. I think having more than one account might be the way to go. As far as making those funds secure, you could invest the funds in order to gain more interest if you dont need the money right away. But also you can limit your bank accounts to any fraudulent activity by foregoing ATM access, Debit card transactions and such. Like, in one bank, have no ATM, Debit access but in the other keep only the limited resources that you need for the time being and allow that account to carry the ATM and Debit card access with limited funds in it, as you can always transfer any necessary funds over to it as you need them. Just a thought..... |
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Steve
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Correction, the limit the bank cannot touch as a parental gift I believe is 3 grand per year for 3 years per child. Anything more they can take back within the past 3 years......jus a thought to add to my previous post. |
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