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Living on a Budget, Saving Money/Questions
| Subject | Date Asked | Expert |
| Question | 1/15/2012 | Tim West |
| Q: Tim, I am 50 years old and single, and trying to get out of debt...all are loans..house, car, and ... A: Susan, I probably would recommend getting at least enough to take care of the funeral. There is ... | ||
| payment | 1/6/2012 | Tim West |
| Q: I have no idea who I should ask so if you can't answer this question, please point me in the right ... A: I will take a shot at it. You may still want to post in another category. I don't see how the ... | ||
| Refinance. | 1/5/2012 | Tim West |
| Q: I recently bought a camera and a lenses. The Annual percentage is 34.99 percent Total amount of ... A: Yes that is a a crazy interest rate. For your first question you are on the right track, pay as much ... | ||
| Rotating Credit Card Balances to Pay Off | 11/22/2011 | Tim West |
| Q: Tim, We have three separate credit card accounts with balances of around $9200 (interest rate @ ... A: David, I would not do the rotation of the balances. It didn't work out to good before and you ... | ||
| life insurance proceeds | 11/9/2011 | Tim West |
| Q: As my husband and I age we are concerned what to do with the proceeds from our life insurance ... A: Deb, Great question most of us don't think about that until way after retirement. I am not a ... | ||
| budget | 11/2/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: I have gotten along fairly well in my life but due to changes and unforeseen circumstances I must ... A: I'm not sure exactly that I understand what you are looking for, but I'll try to address what I ... | ||
| pay or car loan or wait? | 9/19/2011 | Tim West |
| Q: I have a car loan at 3.9% for 60 months (originally $21000, now around $15,000). There is ... A: I personally do not like to owe others,especially banks, but sometimes we do. In reality if you owe ... | ||
| Buying home/use credit card for down? | 9/14/2011 | Kat |
| Q: I want to buy a mobile home. I can afford the monthly payments easily but don't have the money for ... A: It goes back on the credit card. You can never buy an item with a credit card and get cash in return ... | ||
| Buying home/use credit card for down? | 9/14/2011 | Kat |
| Q: I want to buy a mobile home. I can afford the monthly payments easily but don't have the money for ... A: I can certainly understand the impulse to want to own your own home. However, this is simply not the ... | ||
| Saving money to move out | 9/12/2011 | Kat |
| Q: .. please any help would be nice A: Emergencies come and go with everyone. The key to financial success is being prepared for those ... | ||
| Travel or buy a car? | 8/18/2011 | Gary C. Dunn |
| Q: My girl scout leader convinced me to go to Ireland this summer and I got hooked on traveling and ... A: So whats your advice? --> Amanda, do as much travelling as you can possibly do when you are young. ... | ||
| Money | 7/26/2011 | tbaarr |
| Q: I am 32 years old, I have a 20 month year old daughter a fiance that is unemployed (also pays child ... A: might I suggest you get a second credit card that offers cashback and gives you 0% interest on ... | ||
| Money | 7/22/2011 | tbaarr |
| Q: I am 32 years old, I have a 20 month year old daughter a fiance that is unemployed (also pays child ... A: Ok does the 1200 include the credit card payment.. what is the interest rate of that card.. how much ... | ||
| Waiting too long to buy a home? | 5/26/2011 | Kat |
| Q: I have a number of kids, and we have been renting for quite a while. In NJ, the taxes are thru the ... A: While I understand your reluctance to buy based on the taxes in NJ, the time to buy is now. With ... | ||
| save or pay off debt? | 4/26/2011 | Tim West |
| Q: and I have a dilemma, a couple of months ago I had to go through a surgery, which I had to pay close ... A: Great question! The Zero% is tempting but I look at it like if I owe it I am not saving it also. ... | ||
| First Home | 4/14/2011 | Tim West |
| Q: I am graduating from college in May 2011, and my fiance is graduating in December 2011. I am going ... A: I would recommend that you are married before you purchase a house together. I have seen things get ... | ||
| Financial choices | 4/3/2011 | Tim West |
| Q: I am a full time teacher. I am also a full time graduate student. I am slowly trying to get out of ... A: Great question. I bet you are really ready to get your Masters done with! I don't like the idea of ... | ||
| Frugal or Necessity? | 3/31/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: My girlfriend wants a car, her first. Is it better to buy a new, used, or a beater car? Now here is ... A: Der Evan, I admire your desire to do the right thing and your ability to question yourself honestly. ... | ||
| Fiscally smart or a cheap*** | 3/31/2011 | Tim West |
| Q: My girlfriend wants a car, her first. Is it better to buy a new, used, or a beater car? Now here is ... A: Hey Evan, never use the word cheap, I prefer the term thrifty! Hey a car payment is about the worst ... | ||
| Cars: New, Used, or Beater? | 3/31/2011 | Kat |
| Q: My girlfriend wants a car, her first. Is it better to buy a new, used, or a beater car? Now here is ... A: It took me literally YEARS to figure out the answer to this question, so I'm glad to help! We'll ... | ||
| Government Loan/Credit PAy-Off | 3/29/2011 | tbaarr |
| Q: I was wondering if you knew of any government program or place where I could get a loan to ... A: the only thing I can say to do is try to negotiate with your current cards while applying for a new ... | ||
| Rent or buy | 3/28/2011 | Tim West |
| Q: We have relocated 2 years ago and are renting since we were unable to sell our home (currently ... A: A few questions first. Are you both still working? How much income do you bring home? If working, ... | ||
| walking away from a mortgage. | 3/18/2011 | Timothy Derey |
| Q: You sound very intelligent, hoping you can help me. I live in the midwest and have owned a home for ... A: I'm just a guy who's been through a great many experiences and learned as I went along. Did you ... | ||
| 401k | 3/4/2011 | tbaarr |
| Q: What's the smartes strategy one could use with a 401k loan to build wealth/credit? Would one take ... A: well currently I have 60k on cards at between 3.9% to 5.9% all fixed life of the loan. 5 years ago ... | ||
| 401k | 3/3/2011 | tbaarr |
| Q: What's the smartes strategy one could use with a 401k loan to build wealth/credit? Would one take ... A: What are your monthly bills at this time. Does your job cover those monthly bills and give you money ... | ||
| want vs need | 2/17/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: Would it be wrong to use some of my income tax to buy a camera? how do I decide when to buy a ... A: I don't know the expense of this item, so that will have to be taken into consideration with your ... | ||
| Debt consolidation | 2/9/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: We currently have 10K in credit card debt at 14.99% interest. If I have the ability to borrow from ... A: If there is no penalty and you will begin putting the payments back into your retirement account, ... | ||
| College student/budgeting | 2/1/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: Help. I graduated college in October 2010 with a degree in web design from the Art Institutes, a ... A: This is happening more times than you can imagine. Schools make promises to hopeful students, and ... | ||
| Budgetting and Creditors | 1/25/2011 | Timothy Derey |
| Q: I wonder is this your area of expertise please. I am on a single mothers pension $1100 per ... A: I would suggest you prioritize your debts. For example, you need food and shelter, so rent and ... | ||
| Huge Problems from Banking to Loans | 1/3/2011 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: My husband and I made a 6 hour move closer to our families at the end of October. I was working full ... A: Immediately go to your bank and tell them your situation and close the account. If possible, borrow ... | ||
| Which apartment should I rent? | 11/24/2010 | Tim West |
| Q: I'm looking for the least expensive apartment in Rowland Heights of Southern California. I don't ... A: I am not familiar with the area,but you must look at your budget and see the amount of money you ... | ||
| saving& debt | 11/22/2010 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: . i am a stuff working in government sector. My salary is about (1924$)/month. I bought A CAR by ... A: My financial advice is pretty straight forward. Get out of debt, pay off loans and as for saving, ... | ||
| Living on a budget | 11/6/2010 | Timothy Derey |
| Q: My wife and I are expecting, and that has me stressing a little bit on how we're going to make it. ... A: Right off the bat, if you're not already doing so, I would suggest applying the 10% rule - pay ... | ||
| Budgeting | 10/27/2010 | Tim West |
| Q: We are a family of 5, kids are under 5, have a dog, mortgage, 2 car payments, one income living in ... A: Here in the U.S. 70% of the citizens live paycheck to paycheck. Debt robs you of the ability to ... | ||
| credit card wont close | 10/10/2010 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: I have closed all credit cards except Discover. Trying to become debt free. No late payments on ... A: Discover cards made me wary years ago. It is a system all unto itself. VISA and MasterCard have ... | ||
| budget & socially responsible investing | 10/5/2010 | Jaynee Sasso |
| Q: My question is twofold. For background, I am in my mid-30's & make a very modest income. I have ... A: You ask two very important questions. I'm glad to know that there are people out there who take ... | ||
| HIGH INTEREST CAR LOAN | 9/13/2010 | Timothy Derey |
| Q: I HAVE 12k LEFT ON MY 9% CAR LOAN. I HAVE 15k in a 4% interest bearing checking account. Should I ... A: It would certainly be advantageous to pay off at least a good portion of the loan given the interest ... | ||
| moneys tight | 9/9/2010 | tbaarr |
| Q: ok so i'm trying to budget my money. i'm a cars salesman and if i must say, car sales is at a low, ... A: buy a car thats 3-4k max and make your payments. the interest rate reflects your situation.. so ... | ||
| Fearful Spending | 9/7/2010 | Kindred Beisinger penname K D Elizabeth Beisinger |
| Q: Beisinger, I read your areas of expertise and not sure if my question fits. Please accept my ... A: We all place a different value on entertainment, but American society does hold entertainment pretty ... | ||
| plan | 8/27/2010 | tbaarr |
| Q: id like to know how you did all that you did in your profile i ansked you a question before but left ... A: yer out of luck if you got bad credit..and the 1k is your typical bills for 1 month. so if you pay ... | ||
Living on a Budget, Saving Money
Answers by Expert:
Tim West
Top Expert on this page
Expertise
Budgeting, credit, collections, basic insurance and investing. Small business budgeting basic will and estate planning.
Experience
Financial coach since 2009. Help coach people in personal and small business financces.
Education/Credentials
Head of financial ministries at Grace Fellowship of Augusta,Dave Ramsey Certified financial counselor and 20 years of doing it my self.
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