 When a bank goes bankrupt, do you still owe them money? |
Say I took out a 200,000$ loan from a bank, and I only have to pay 100,000$ more dollars to pay the loan off. If the bank were to go bankrupt, would I still owe them money?
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 Negative in my checking account? |
| im negative $4,968.08 is my checking account and they sent me something in the mail saying that it has to be paid by july 1st 2007..wat happens if it is not paid by that date...and is there anyway i ... |
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 What is the minimum wage for..? |
| i work in the pub as a washerupper i get 2.75 an hour i do four hrs work i day a week. whats the minimum wage for a 17 yr old washerupper type doodah?... |
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 Loan brokers are they a con? |
| my credit is bad and i wanted to get a loan through a broker is that a good ... |
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 I have a morgage with an ex partner who only lived in the propoerty 2 months will he get half of the profit? |
I have been paying the morgage alone for just over 5 years in which he has not contributed anything, I have been to see a solicitor who says if it goes to court this may get split 50/50!
A... |
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 Which is the best bank/building society to save your money in? |
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the thing is I do not work at the moment but I have a few savings and I would like to know which bank/building society to use for them?... |
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 Should I use a credit card or should I try to get a loan? |
| I'm trying to apply for a personal loan so I can make a residence change and move out of my paren't house as the living situation is dangerous for me right now. I'm not sure what the ... |
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 Getting another loan without a credit check? |
| If you currently have a loan with mbna, and you want another loan, will they do another credit check on you, for you to get the other loan or will they just give you the loan because you are already ... |
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 What to spend $1000 on? |
| I have $1000 burning a hole in my pocket and would like to spend it. I'm open to anything and everything.... |
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 I have 125K, I need to earn 5K a month from this 125K! How can I make this happen? |
| I'm 40 yrs old, just retired from 20yrs in the US Army! I want to move to the DR and never work again. I need to earn 5K a month off my 125K, to live in the DR comfortably! I do not want to ... |
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 I have 300,000 dollars in my checking account.? |
| What would you do to get me to pull out my checkbook and write you a 250,000 dollar check?... |
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 How to earn a little cash...QUICK?!?!? |
| I am a student who just signed a lease for an August move-in. I thought I would have the money to pay for the first months rent by now but things have been crazy and now I'm dead broke. I have ... |
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 I need to make £100 In 6 weeks? |
| im only 14 but i need £30 To get a train to see my girlfriend then £60 or £70 to take her shopping but i only have six weeks what can i do no scams online or any of that ... |
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 If it's not too much trouble, could someone please give me a MILLION dollars? |
| You would feel good for helping someone, and it would make my life *so* much easier!... |
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 Is it possible to bounce a check and not know it? |
| I wrote a personal check to an ex-friend. She claims that my check bounced and that I now owe her a 33 dollar fee for the bounced check as well. My bank has no record of the check even being ... |
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 I have money what should i get?????? |
im 12 yrs old i have 290 dollars wat should i get a ipod touch xobox 360 or ps3 or sometin else tell me and why
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omg im getting the ipod touch or the 360 and my mom is ... |
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Ricknows | What is the best way to save money? Im looking for a method, not things like, "cutting back on things"..thanks |
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Does anyone have a really interesting place or way to keep your money? ie- a "fault proof" method?
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Scott F
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This is a two-parter -- where the money comes from, and how to get it into savings without blowing it all first.
Part 1: Get out of debt by paying off all your credit cards. The best way to do this -- pay off the card with the highest interest rate first (not the highest balance!) as fast as you can, while making minimum payments to the other cards/debts. When card #1 is paid off, take the money you HAD been paying to that card and add it to the minimum for card #2. Then add THAT to card #3. Get the idea? Nail the worst interest first -- that'll cost you the most money in the long run. So for example, if you have three cards with $25 minimums but you can squeeze another $25 out of the budget, you pay $50 to the card with the highest interest, till it is zero. Then you take that $50 and add it to the next-highest card's $25 minimum and you pay off card #2 at $75 a month. Then when card #2 is dead, you pay $100 a month to card #3 and it's gone really fast.
Then you have $100 a month to put into savings.
Part 2: Once you no longer have to spend this money on credit cards (or other debts), you can save it. To help with this, sign up for automatic deposit with your employer. Open a savings account (if you don't have one) and have the amount you used to pay your creditors stuck into your savings every payday.
The rule there is "Pay yourself first." If you just have the money stuck into a savings account before it even makes it into the checking account, it's not there to spend. (You only have to have discipline THEN about when you take money out of savings.)
Now... In practice, you can do Step 2 first. The real trick to saving money is to save a little bit ALL THE TIME. Even if you can only put $25 a week into the bank, that's $1300 a year, without interest.
Tip: If your employer offers a 401(k), sign up NOW for as much as you can afford. You get a BIG tax break on these programs, because the money comes out of pre-tax dollars, AND it reduces your taxable income by the amount you contribute. It typically costs you about $78 in actual take-home pay to put $100 into a 401(k) because of the tax benefits. And keep contributing to it no matter what; you don't have to pay taxes on it till you take the money out at retirement, and then you only pay for what you take out each year. It's a great way to build for retirement. |
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fortknox416
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There's a great book out there that's helped a lot of people I know, myself included, recover from the brink of disaster, as it were. Secrets of the Millionaire Mind is actually about your relationship with money, and how to save effectively. And, strangely enough, it *doesn't* advocate putting everything towards credit cards first (you'd never have anything left to save), but this "pay yourself first" approach. Cheapie book you can find on eBay or Amazon, I'm sure. Author is T. Harv Eker. For a limited time, when you buy the book, you can go to a local 3-day intensive seminar that will really put you on the right track!! [ I don't get paid for sending you there, so no ulterior motives !! ] It's legitimate information! Anyway, my two cents, which will multiply into four ... |
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answermann
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The best way to consistently save is to PAY YOURSELF FIRST. Most people pay their bills, their debts, their living expenses, their entertainment expenses, and when they are done, surprise! The money's all gone! Decide on a certain amount or percentage from each paycheck, and pay yourself first. Then pay for everything else. Put yourself first- no one else is going to. |
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-*
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Never pay any late fees.
always pay bills by date due...
do not pay the "pay after this date" ammount. pick up pennys from the street while you get gas or into a store.
Develop a 13 month hypothetical year for your rent or house payments,meaning= Make your rent/mortgage payment every 4th check of the month, and if you stick to this plan, you'll have a FREE check every 6 months as you can a calender with every forth payday marked. |
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DakotaNZ
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How about dispersing your money into certain areas e.g 20% of total earnings spending 30% to savings and 50% to living costs. There are lots of formulars like this that are highly recommended. Go onto the Dr Phil website he has one. |
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♥•Softball•Chick•♥
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~put it in a place you can't get
~put it in the bank
~put it in a piggy bank. so that whenever you want the money later you have to break the piggy bank |
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Lady
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Keep a budget. Make a list of everything that is a necessity, like bills, and how much you spend on food. Then stick to it, it is amazing how much money you will save by just keeping to a budget. It is also important to put a little extra money for something fun, like a meal out every month or so, or going to the movies on a sunday afternoon. That way you don't feel like all you are doing is working and it gives you something to look forward to. |
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Dee Dee
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savings account. |
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dido45dido
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This is what i do. I will deposit money in the bank but not count it in my check book. so it i deposit a 300 dollar check and don't want to spen 100 i will only put down 200 deposited in my check book. that way when i buy things or pay things it only seems i have so much money |
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Checkoutlines
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Two solutions:
1) I've heard this works amazingly well: Try to save $5 a day, and put that $5 somewhere you can see it. watch it pile up!
2) Have a portion of your paycheck be sent to a savings account that you don't have access to, except under certain conditions. Most banks will do this for you.
- This is what I do to save for big expenses, as well as recurring ones. |
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Nicole M.
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Put a little bit aside each week from your pay check. AND WHAT EVER YOU DO>>> DO NOT GET A CREDIT CARD ...trust me.... |
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Eve
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Get a better job or a second job and save the extra money you'd be making, then you won't have to cut back. |
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