Is 170,000 a year alot? |
| Lets say there are three people in the family and we live in ... |
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Should i spend my money or not? |
Ok, im 15 and i have been saving up for a long time and i have £600 in the bank. There is this new phone i want, that costs £40 per month for 18 months. So all of my money gone.
In ... |
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How do you get out of debt when you are $2,000 in the hole? |
| My husband and I have had a rough patch and went almost a month with little to no work which put us in the hole by $2,000. Now, he has a good paying job but it pays enough to take care of our present ... |
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If i earn 20k how much will my monthly salary be? |
I am absolutley clueless when it comes to salaries, tax etc
I really just want to know roughly how much would i earn per month after tax
I know the tax bit will be difficult as ... |
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How can I turn $30 in $300 quickly? |
| I need to turn $30USD into $300USD. Any Ideas on how that might be done as quickly as possible. Scams need not apply, I already know who you are.... |
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Does antone know of Bank Accounts that have 5% or more Interest? |
| The ISA's I'v seen all drop to 4.75% after a year. I dont want those.... |
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Can you raise a family and live off of $20,000/year? |
a family of three mother a father and one child
Rent/mortgage $700/month
student loan payments $300/month
monthly baby expenses $100/month
emergancy account $100/month
... |
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£ 1 million? |
What would you do for a £1million. Details plz the most bizarre gets 10 points. Additional Details NOT what would you do with a million
WHAT would you do FOR a ... |
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Is $24,000 - $35,000 a bad salary? |
I found out that my dream job's salary is between $24,000 - $35,000 and I'm not sure if that's a bad salary. By bad I mean should I find a better paying job? Additional Details
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How can I learn to live more frugally? |
What tips can you give me on how to cut costs and live more cheaply? as I'm fed up spending WAY too much money on stuff that I don't need?
Cheers.... |
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Need car loan/refi advice??? Can I get a lower rate? |
| When I bought my 2006 corolla about a year ago, my credit score was 700+ with no major purchases on my record (other than a few $2k limit each credit crds), and my financing rate on the car was at 12.... |
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How to earn money online? |
have u seen on the tyra show where she said there was a website u can go on to earn money online....i forgot the name of it...i am pretty sure it was the tyra show...
what are some other ... |
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Mr. Miniscalco | I am 30, inherited $2500. invest in retirement? pay down carloan? take vacation? Pay other bills? other? |
Additional Details I konw it's not a huge ammount. no credit card debt, just car loan & student loans and other everyday stuff like phone cable
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harbqll
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For a relatively small amount of money such as this, it would be better to pay down your debts, than to try to invest it.
If you put it into a CD or mutual fund, your percent return is going to be less (probably far less) than the percent interest you're paying on your car loan, student loan, credit cards, or whatever - pick whichever one has the highest interest rate..
You may choose to use it for vacation of something, and if so, that's certainly your option. But if it were me, I'd pay down some debt. You don't know how good it feel to be debt-free until you are. When I sent in that last mortgage payment, I felt like chains had just fallen off my wrists and ankles. |
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IslandGirl
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If the interest on your car loan is low, don't pay it down - low percentage rates are like free money. Either pay down higher rate credit cards or start an IRA with a lump sum... Then again..... a cruise sounds good too... Just depends on what your goals are... |
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BigD
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Pay off whatever you can. |
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spicy_salsa69
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If it were me, I would pay down my car loan. Once you get your car loan paid (and doing this would pay it off sooner) you can use the extra money you had been paying on your loan to go towards other bills or investing. The key is before you invest, you should pay down any personal debt such as your car payment. Once you have that out of the way you can take a portion (say half) of what your car payments were to invest in your retirement plan. The other half you could put into an emergency fund. De-stress yourself from those bills first, so when you save up for a vacation you can actually enjoy yourself. If you build up your emergency fund you can always use a portion of that to take a modest vacation, but you should always have a decent amount in an emergency fund. |
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Maria V
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Why don't you start an IRA with the $1,500 because living off a just social security (if we still have it later on) is not enough to live on. Then pay off some debt. |
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Muzik
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Pay bills, duh |
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Formerly known as Frank Castle
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I suggest you to pay down your car loan and then sell your car and pay your bills. |
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Prophecy of Crazy Cat!
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marry me, then...hehehe...
xoxo crazy cat! |
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LI Guy
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If you have little liquid assets then save the money in a savings account. Assuming you have some financial padding, Its an inheritence. Take a nice vacation so you have a good experience to remember your loved one by.
If the money came from anywhere else and you had liquid reserves, I would say pay down your debt. |
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Sailing
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I would invest half of it into an IRA. I would buy something small that would make me feel good and then I would take the rest of the money and either pay off my smallest bill or at least reduce it so I could pay it off sooner. |
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Nette on the Bayou
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That is not a whole lot of money. But if you can pay off your car with it, do it. If you owe more on your car that $2,500, put $1000 on the principal, and take the rest and go on a holiday!! Enjoy!! |
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