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 How many years of bank statements should I keep?
I am moveing house very soon and have at least 10 years of bank statements filed. How many years should I keep?
Additional Details
I found it very hard to choose a best answer.Thank you ...


 What do you spend your wages on when you get paid?
...


 I have a major problem.....?
My friend needs like $500-$1000 or he is going to lose his car. How can I get the money? I was thinking about pulling it out of the bank, but I am 16 so I dont know if I can. Anyways I need to get it ...


 Is $400 a lot of money?
I am turning 16 and my parents gave my sister a bed worth 400 bucks when she turned sixteen. turns out they wont spend a penny more on me.

the thing is that i wanted to get a laptop but ...


 My brotherinlaw has got himself in debt,he would like to borrow 5k should i loan it to him?
I have my own money problems and if i do loan him the money it will come with a great burden....


 Should I borrow from my 401k to pay credit card bills?
In a tough financial position. Have nearly 13,000 in credit card debt. Some of the percentages--29% interest, 28%. I can borrow from 401k and rapay at lower interest, or is it better to take from ...


 How can I make $3000 in six months?
I'm planning a trip this summer (June '09) and I'm looking to start saving for it now. I estimate it'll cost about $3000 total.

I'm a full-time student, I have a ...


 How long would £1000 000 last YOU?
would you keep it in the bank for A while ,so you get a nice amount of interest?

or blow it?...


 Can someone explain to me in simple terms how the world banking system has got itself into such an awful mess?
...


 What do you think is the best way to get rich?
saving isnt a good way. its slow and take out all the fun in life.
getting a job is a very classic way so no good
getting high education : hmm. everyone is getting it so doesnt make me so ...


 Help me have i been scammed?
I went on ebay tonight and bidded on a ps3 and i won the bid. It was only after i made the payment i noticed that the seller said, you have just bidded on an envelope only and these envelopes will ...


 My hubby and I want to buy a house?
-We don't have any credit card debt
-We have a personal loan (current) with a balance of $3300
-We both have car loans. He'll be done paying for his Dec. 2009. Me-June 2012
-W...


 Does anyone know how i can make some money on the net?
i have been broke for a while.. i lost my job and had a hard time finding another.. the one i got isn't the best... and i need to make some easy money on here.. i know there are ways... someone ...


 All that I have left of my savings....... I was so naive!?
A GENUINE CRY FOR HELP from a 79 year old.
A few years ago, I very stupidly I invested ALL of my SAVINGS (£3,000), in Aberdeen Technology.
However, soon after investing, the technology ...


 What is the best way for me to save money?
you see i have a job that pays well. i want to start a business soon but i just cant get myself to save money. how do i start saving money? please help. ...


 What is the easiest and surest way of making a million dollars in the shortest period of time?
I will give someone, A Best Answer, for whoever can give the most accurate answer.
Additional Details
And what will it cost or take?...


 Does gasoline prices have an effect on your lifestyle?
here in georgia $3.10 a gallon. i notice that weekend is mostly at or near home now. i use to love to go ...


 If you win million dollars lotter, would you goes back to work or school?
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 What would you invest in if you have Half a million dollars ? is it property ? mutual funds , stocks ?
...


 I keep getting referrals from people saying that if i sign up and refer people i'll earn cash!! which 1's r ok
which ones will make you money and which ones only make the other person make money??...



opti_mo_prime
Is monthly income an asset?
                     
 




Mike S
No, An asset is something that makes you money. So if you save part of your monthly income and invest it, than it is an asset.


ramseysii
Rating
no, that's a wage, assets are holdings


src50
Rating
No. Assets are cash instruments, securities and property.


Old Chef
I was reading a report about being Finance Illiterate.
No, monthly income, is. Income...And asset is real, (Like real estate) or has value, Like gold, or Knowledge...Your car is not an asset, Your computer is not an asset.
But you can use your computer to look up words and Ideas...
Like what an asset is.


Shana B
Well, an asset is really something that puts money into your pocket if you stop working.

A liability is something that takes money from your pocket if you stop working.

So if you own a rental property that gives you extra cash flow (after expenses are paid) then that is an asset. If you own stocks that pay you dividends, then the stocks are an asset. If you wrote a book and you get royalties from it, the book is an asset.

If you own a house with a mortgage that you must pay every month, then the house is a liability. Of course, you still need to have a house, just know that it's taking money so it's a liability. If you own a car with payments due, it's a liability.

So to answer your question - it's not the income that's the asset, it's the thing that you get your income from that is the asset.


Greg S
Rating
No is the short answer, However,
if you put it into an interest bearing savings account voila......asset.

If you invest in stocks, bonds or real estate........asset.


mfr354
Rating
There's many answers to this question. Here's a good place to find the answer. Go to www.highlandbanc-mi.com there are lots of good things on this website and there free


YOUR JESTER
Rating
YES


Jay J
Yes when you actually receive it. It's know as "Cash".


Mrs.BellaGotti
Rating
yes, unless you have another steady formal source if income. A monthly income provides you with a sense of security, and you can save for big purchases


Rebbecca A
Rating
No, it's income. Assets are property, like real estate, cars, coin collection, etc.


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