 What will happen if you refuse to pay a bill that you cant afford to pay.? |
my daughter owes £2000 for water rates. she cant possibly pay it.
Additional Details
when i say she cant pay it, i mean she cant pay it. there is no option to pay x amount unless its <... |
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 What is the one thing you can afford but unwilling to pay for it? |
| i mean an expensive purchase or round-the-world tour... monetarily...... |
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 To those of you who want to become multimillionaires? |
| Are you really willing to risk your entire future to get there?... |
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 Does anyone know how to make a monthly income about $ 500.00 or more on the internet? |
| I have a little money (a few hundred dollars-not much) to invest and I would like to make some regular monthly income on the internet.Please help me choose a legitimate way/or program to work with.T... |
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 Is there a legal way to get bill collectors to stop calling by phone? |
| I've heard that if I ask a bill collector (collection agency) not to call me by phone that they have to obey and not call me again. Is this true? I have a really nasty collector that calls EVERY... |
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 Can I use my Bank of America debit card to withdraw money from any ATM? |
Like can I use it to withdraw money from another banks ATM?
Also, if I am traveling to Europe, can I use it there as well? Has anyone had similar experiences?... |
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| I dont mean to brag but what should i do? |
| i have 1000$ and i am 14 i cant buy a car and i have an ipod with like every thing (radio, 42 hour battey, 3 splitters, speekers, case ) what should i do with ... |
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 Please I need Advise, because my sister wants a loan from me for $3,000 to get the job abroad... ? |
| the problem is she just wants to have a contract that basically says, She owes me $3,000 and if She can't pay me within 1 year I can have her house that I have to pay installment to her for ... |
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 Money orders? |
| my husband is working out of town and needs to send his check to me. he has to cash it to get his per diem money, and send me the rest. If h sends a money order, how do you cash it?... |
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 Is this wrong? Is this considered stealing? |
| Okay so my brother always asks my mom to keep his money in her room somewhere so he doesn't lose it. a couple months back, my mom couldn't find the 70 dollars (my brother's money) she ... |
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 What is considered "successful?" I live in the US, make less than $10,000 a year, and I live comfortably so ? |
| I just retired at age 37 after working in a factory for 20 years. I get a pension equal to $35 for every year of service that I worked ($700/mo). My15 yr mortgage will be paid off in 2011 and with ... |
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 How to make money? |
| im 13 and i need to make money. yes i need to. i owe my mom. and i want to buy a kings dominion season pass. i know money doesnt grow on trees, expecially in my family, so i told my mom that id make ... |
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 How do i pay for something on ebay? |
| i bought something off ebay and they gave my the bank detailes do i just transfere the money over to them?... |
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Tina B | I absolutelyt love saving all my money? |
Do you? lots of answers please. |
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J
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I wish I had money to save! all mine goes on tax, bills for electrics/rent/phone line/tv licence/travel. I have yet to make ends meet on what I have to pay out, I have even had to give up my job because I couldnt make ends meet, I have had to claim benefits as its therefor possible to financially survive, without benefits I was hemoraging money, I am near faceing bankupcy as a result of working and not eraning enough to pay my rent/bills/tax/travel...etc. |
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Eddy T
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Money is for you to buy food and other basic needs to maintain a reasonable standard of living. If you save all your money you are depriving yourself of even a reason for living. Money itself has no value, it has value only if you use it. |
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sarah t
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Saving all your money is a bad idea because of inflation. The more you keep in the bank, the more your dollars are losing value due to inflation every year.
A couple of general 'rich person' tip for savings:
1. Never have more than 6-12 months worth of your expenses saved in an 'emergency fund' in a regular savings/fixed deposit account.
2. Invest the rest in asset classes which you understand and can handle the risk associated (there are different asset classes for different risk profiles).
Saving everything is not as bad as saving nothing at all, but its close. You may think you're getting a leg up, but the smartest, richest people invest because that gets them over the inflation hump.
For example, savings accounts give you on average 3.5% interest per year. However inflation is usually between 3.5-4% each year, so that means you're money is devalueing every year you keep it in the bank!
If you invest in the stock market for the long term through index funds like the S&P 500 Funds, you're yearly return will be between 6-13%, and this is the safest of equity investment strategies. So you can see you're earning enough to beat inflation.
This is what rich people do, do what they do and you'll get rich too. Its the poor and middle class who believe in 'save everything'. Plain and painful truth is they don't know what they're talking about :P.
Hope that helps...
Cheers
Sarah |
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america_to_0@yahoo.com
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yes |
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Goonhilda
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Yeah, me too.
I love saving money and I wish I could save more, but I've got a mortgage, so I tip extra into that, instead of using a conventional 'savings' account. I have some money stashed in an emergency bank account and some in a managed fund, which I'll leave there unless I have a serious emergency (like no job) because I have to wait for the unit price to go back up again.
I'm a serious tightarse. People tell me I'm crazy. One girl at work berated me for paying bills with my 'nifty fifty raffle' money at work when I won that week, and then a few weeks later, she was out of a job, and still trying to make payments on a brand new car. I figure I never know when I'll need that money, so I spend it on essentials and save the rest. |
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Classy Granny
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I wish I could save it all. But I do have fun finding new ways to save. I like going one full day without spending anything and that means no vending machines at work. |
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Louisa
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good for you. i like putting my money out to work for me while i make time in my hammock in the shade:) |
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shadow
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I save whenever I could for my children only. I don't put much money in my account, just enough to cover my direct debits in case anything happens to me. |
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dissmiss
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This is my hobby. By saving money I now live to a much higher standard, my house is paid for - am I smug? No not really - just proud of what I have achieved. Times have been very hard for me, but I have succeeded, so yes - proud.
I have never been in debt - a very close call at times, leaving bills to the very due date, but have always had a very good credit record. You can do it, give it a try.
There are a couple of good websites that have helped me a lot both talk straight common sense. |
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guss99
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I would save enough money to live well on, but I would invest wisely the bulk of my money, in good solid stocks, which pay a good dividend and has good growth potential. Because life is short and you never know when you will die, you should enjoy the use of some of your money. Just do not spend more money then you can afford to spend. |
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Melissa L
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sure. when there's money to save |
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kc.intlin
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GOOD HABIT
SAVE IT SENSIBLY AND LET IT EARN MORE MONEY FOR U
AND SECURE UR FUTURE
WISH TO KNOW MORE OF IT?
YES CONTACT ME |
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Maggie V
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I have saved coins for 5 years now. I have $ 576.49 now! |
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JessLegend
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I try.... |
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Billy The Fish
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Tina,
Will you marry me |
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