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 If I choose never to buy a home-- what will happen when I retire? See Details.?
Will pension and social security be enough to keep paying my rent?...


 What is a good way, to save money when food shopping?
I am 18 years old, and sometimes I do go food shopping for myself. I want to see, if anyone can give me ideas on how to save money, when food shopping....


 Why is it that when you go into a shop and pay for an item by debit/credit card?
the payment goes to them within a day or two sometimes immediately, yet when you go to get a refund for a faulty product, etc it takes up to and over 7 days for your card to be refunded!!!
A...


 Is it possible to negotiate with banks to reduce personal debt level and if so how do you get started?
Specifically with the Bank of S...


 I wanna be rich. Really rich. But how?
How can i get rich? I mean really rich. Not millionair, billionair! Please give me your tipps....


 What is 15% of $18.5 million?
I failed math. thanks!
Additional Details
yes I failed math but I did not fail YA! ...


 Have you heard how to get back the charges that your bank penalises you with ???
I found out recently that the when you receive bank charges for say missing a direct debit by not having sufficient funds in your account, resulting in receiving a letter which tells you you;ve been ...


 How can you pay off all your debts wwithout a job?
...


 Dumb question about cutting coupons...?
Ok so...I think I want to start cutting coupons to save some money on grocery bills, I've heard you can save alot. But, ok this is sooo dumb but...where do you get coupons? I see those coupon ...


 I CAN'T PAY MY TIMESHARE? HOW CAN I GET OUT OF MY CONTRACT?
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 Is it possible to trust someone 100%?
...


 If i remortgage my house for more than its worth, and then leave the country with the money, will they find me
...


 I want to a lot of money?
...


 How can I stop spending money on line?
It is all to easy to shop on here, but I have to stop,otherwise I will have no spending money for my holiday....


 How can I get money back for goods ordered but not received when the company has went bankrupt/liquidation?
Farepak Hampers have went bankrupt or in liquidation and all our much needed christmas savings for vouchers have all but disappeared. What can we do (10 weeks before christmas)???...


 If I make $100 000 a year, is that a lot compared to most people?

Additional Details
Im 33 in a relationship, and live in Canada, Ontario....


 Why take out a Credit Card?
OK so what are the benefits of credit cards?...


 How much do you save per month?
Is £150 per month a good amount to put into a savings account for if ever my wife and I were to have a baby, we'd have that money set aside for all the costs that come with it? is £150 per ...


 What do you do and how much money do you make?
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 I'm in need of a personal loan. Is anyone willing to help?
Is there anyone out there that is willing to borrow money to me. I've exhausted every option, and because of my poor credit score I cannot get approved for a loan. I'm trying to get back ...



Chrissy
On a $32,000 a year salary, how long would it take to save up $10,000 ?
                     
 




chrchll129
Rating
Figure on $100.00 per month, this is affordable with your salary (only $25 per week). At this rate it will take you a little over 8 years to save $10K. The nice thing about using $100.00 per month is just the ease in calculating. if you set aside $200 per month, then you just cut the number of years in half. As all have said, it depends on what expenditures you have, I am assuming you are paying rent/mortgage, car payment, insurance, etc. so that is why I used $100.00. If my assumption is correct, 8 years is a long time, I would set that money into a 401K or invest it somehow each month so that in reality, that 10K you have set aside, could be more like 15 - 25K(at least) when all said and done.


A.Mercer
Rating
How much do you spend in a year? We will need to know that before we can answer your question. There are some people who can save $10,000 in a year and be making only $20,000 a year. There are some who make $1,000,000 a year and will never be able to save $5000. It all boils down to how much money you have leftover after you pay the bills.


HookemHorns21
Rating
Well that depends on how much you losing to things such as rent, food, phone bill, etc...

Try and put away some of your paycheck into a svings account and DONT touch it.


Cloudcity CC
Rating
It depends on what you pay in taxes.

Excluding taxes and other expenses, 16 weeks.

It would require more info for anything more accurate...


Frank Castle
A year (If you save at least 30% of your salary)


sk8er0114
Rating
3-4 months, depending on your spending


doll baby
Rating
I guess that would depend on what you are having to pay for other bills such as house, car, utilities, food, gas, etc.
Then how much do you have left over from your paycheck?
How much can you spare to put back in savings?
Figure that up-


Darrick G
Rating
It depends; I would advise taking all of your monthly bills and the other money you spend such as entertainment and subtract that from what you make on a monthly basis. Once you have that number you will then know how much you have available to save.

Assuming you can save $500.00 a month and you put it into a money market account such as ING money market or Capitol One money market which will get you around 4.5% it will take you about 19 months.

Of course the more you can save the less time it will take.


Brian M
Depends on your living situation. I'd say if you have to pay bills and rent and all that good stuff, it could take over a year to save up $10,000. Now is that $32,000 gross pay or after taxes? If it's gross pay, then your after-tax income will probably be around $24'ish? If you don't pay a dime for anything, then it will probably take you 5-6 months to get to $10,000. But granted you weren't born with a silver spoon in your mouth and life isn't catered to you, then I'd presume it would take about a year.


dan
depends how much expenses you have. My first year out of college I was making $28K and living with my parents. In one year I saved $10K. But everything (food, a place to live, sanitary items, etc) were free.


Sahara
Rating
It depends on how much you can afford to set aside and where you put the money you save. You can get an idea by setting up a budget.


enoriverbend
It depends on how much you can free up to save every month, and what rate of return you're getting (interest or stock gains including dividends).

Here's a handy calculator for you:
http://moneycentral.msn.com/Investor/calcs/n_savapp/main.asp


mahesh m
Rating
32,000 per yr gross or net??
if it is gross ,u will never save 100k..u may die bfore u save..


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