| Subject | Date Asked |
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| 3 Types of Debt ...What to pay first? | 10/27/2009 |
Q: "Hello there, I am struggling with what to do with my financial situation pretty badly and could use ...
A: With a good solid job at $52K per year, there is no need to be in credit card debt at all by the end ...
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| living independantly on disability pension | 10/15/2009 |
Q: I've been disabled due to a chronic illness, and now I've acquire an additional, much more serious, ...
A: I understand, completely, the concern of living on a fixed income with a disability. I have MS and ...
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| Credit Card Debt | 9/10/2009 |
Q: my question is one I wish I never had to ask. I'm currently $32,000 in debt with 1 credit card, ...
A: First, let me offer this valuable piece of advice. Cut up the credit card(s) and do not get any ...
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| Saving for Retirement Instead of Investing | 6/12/2009 |
Q: I am 41-years-old, have no debt other than a home equity loan instead of a mortgage($460 a month, ...
A: I think you are on a very good plan, but I would want to remind you that there is no such thing as ...
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| Poor? | 5/5/2009 |
Q: If you live on welfare and medicaid,does that mean that you are poor but you don't live under poor ...
A: Living on welfare and medicaid certainly qualifies one to be "low income" but hardly poor ...
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| Would I really be saving money? | 5/4/2009 |
Q: You may be getting lots of questions right now with the financial crisis. I actually have an ...
A: Unfortunately, people who take care of their business and have not over extended are not going to be ...
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| buying a motorcycle | 4/16/2009 |
Q: so first off, i have always wanted a motorcycle, every since i was a little kid. i am now 21. i have ...
A: I think your feelings are quite normal. I remember how badly my hand shook when I signed the ...
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| investments | 4/3/2009 |
Q: I am interested in buying a piece of property with a waterfront, but it is in a low-income ...
A: I have given serious consideration to your question. I really think this double lot in town is a ...
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| investments | 4/3/2009 |
Q: I am interested in buying a piece of property with a waterfront, but it is in a low-income ...
A: I think land is a good investment, but land in the city limits may be a bit of a risk, only because ...
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| financial planning | 1/17/2009 |
Q: I am 23 and 3 months pregnant,got pregnant on birth control, DO NOT believe in abortion, and the ...
A: I admire your determination, but I really think you should consider seeking some sort of state ...
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| Re: torn between family and finances | 12/14/2008 |
Q: I hope you can at least offer some sound advice to my dilemma. My husband and I have been married ...
A: If everyone waited to have a baby, until life was established and set and financially secure, the ...
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| saving for a down payment versus paying down debt | 11/13/2008 |
Q: My husband and I are currently living rent free in a small home with our son. We are hoping to move ...
A: I think you are wise to be trying to sort this out. Kudos to you! I think for now, and that may ...
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| Paying down school debt | 11/4/2008 |
Q: We are a young married couple with three kids. I recently graduated and my husband is about to ...
A: I'm a bit confused in your plan here. If you went to school with children, why not get at least a ...
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| budgeting for student | 10/25/2008 |
Q: What resources are available to help this young woman get her finances under control? My 22 year ...
A: Your niece needs a plan. She'll never get through college if she doesn't have a degree plan. I ...
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| where should i start | 10/24/2008 |
Q: hi doc my name is zavion and im 22 years old but im in a lot of debt that's bad huh but anyways doc ...
A: I'm sorry for the problems you are experiencing. The economy is a shaky mess for many people. ...
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| Saving money to move out! | 9/5/2008 |
Q: My husband and I (and our 21 month old son) are currently living at my husband's parents' house. ...
A: I really think you should consider understanding some sort of budget before you move. If you are ...
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| Credit and Loans | 8/25/2008 |
Q: I'm in a tight spot, I just recently got a car thats 840.00 a month for 72 months (i've already paid ...
A: Usually contracts on auto loans don't get rewritten, but they can get rolled over or into something ...
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| budgeting money for school | 8/23/2008 |
Q: I am going to culinary school this fall and will be pretty much own my own financially. This is what ...
A: First let me commend you and I wish you much success in your endeavor. As for your mom taking a ...
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| Young with Lots of Debt, and not much options. | 8/16/2008 |
Q: We are juggling a lot right now both money and priorities. I’ll try to put this all in the best ...
A: I did a bit of quick addition and thank G~D, you are not spending more than your boyfriend is ...
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| financial advice | 6/18/2008 |
Q: I am 30 married with 1 child. As gas prices go up, and people are trying to adjust there spending ...
A: I will offer what I can. You are weighing several options and the best help I can give is to ...
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| Saving on Gas | 5/28/2008 |
Q: I would just like to get your opinion. I hadn't planned on getting another car right now. But with ...
A: Of course better gas mileage is a good idea, but you are right. I'm sure the more economical the ...
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| money | 5/11/2008 |
Q: First let me say that I was not raised to save money. My parents moto was spend it all because you ...
A: It is a matter of financial discipline. It sounds like you have many thrifty ways, already. From ...
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| I am broke again! | 4/30/2008 |
Q: Mrs Beisinger I am an entrpreneur, i have a bachelor degree in Industrial engineering. It is the ...
A: I read your question and took a day to think about it. You are, undoubtedly, a sharp guy, so here's ...
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| What should I pay off first | 3/26/2008 |
Q: My husband and I have $30,000.00 in credit card debt. $18,000.00 of it is a pair of snowmobiles ...
A: I always recommend keeping all payments current and paying extra on the one with highest interest ...
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| How to make extra money | 3/24/2008 |
Q: My wife and I work in the professional svcs industry and have good incomes. We've just bought a ...
A: You mention that you both have good incomes. Are you expenses within your means? The job market ...
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| any suggestions? | 3/22/2008 |
Q: I am writing today because i have finally verbally come to terms with myself, and my husband, that i ...
A: I'd be happy to teach you some things about managing "this necessary evil." E-mail me 1 specific ...
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| buying a car | 2/28/2008 |
Q: I would like to know your opinion on buying a car .first let me tell a little bit about my financial ...
A: Remember, if you have a loan for the car, the insurance premiums that may be required, as well. The ...
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| in debt | 2/25/2008 |
Q: im living her in shreveport louisiana im married with two kids wife has good job im just behind most ...
A: Without knowing your income and expenses, I can't give you any specifics, but the most sure method ...
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| buy or not to buy | 2/11/2008 |
Q: I'm 27 years old been staying with my grandma and really want to get my own place. just not sure how ...
A: I know you are wanting your own place, but right now real estate is a very unstable investment. I ...
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| Should we sell our home? | 1/22/2008 |
Q: My husband and I are wanting to reduce our debt to free us up a little bit. We have four children ...
A: I do not know where you live, but I do know in the US, mortgages are somewhat shaky right now and if ...
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| i am a 20 year old guy trying to plan a complete budget, and i need help. | 1/14/2008 |
Q: I just started working full time at my new job in a field i love, and i want to create a down to ...
A: You are wise in figuring your potential expenses before moving and possibly setting yourself up . . ...
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| Budgeting our lives | 1/6/2008 |
Q: I am a 29 year old woman who is married and has 3 young children. My husband and I always seem to ...
A: I think this is simply a matter of sitting down, writing it down and getting a plan, rather than ...
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| Credit Card Debt | 1/4/2008 |
Q: My wife and I currently have 3 credit cards that we are trying to pay off as quickly as possible. I ...
A: Anytime you are only paying the minimum, the balance will remain virtually unchanged, as the minimum ...
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| Debt Management | 1/3/2008 |
Q: I've always had an excellent credit rating in the 800 range. I lost my job and have been having a ...
A: A credit rating is in itself a "Catch 22." If you are not in debt, you don't need a high credit ...
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| financial advise | 10/17/2007 |
Q: Okay you asked for it...here it is: Got divorced ...depression left vehicle get repoed that was in ...
A: I think $1800.00 sounds pretty expensive. That is 1/3 of the price of your repossessed vehicle. ...
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| Best way to allocate our payments | 10/15/2007 |
Q: I have a mortgage that is at a fixed 5.74% interest rate. I also have a large AMEX bill that is a ...
A: The rule of thumb in debt management is to pay the highest interest rate off first. The amount of ...
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| Debt relief consolidation | 8/25/2007 |
Q: I have a friend who I believe has lost control of her debt situation. The amount is not particularly ...
A: I have heard many "horror" stories regarding debt consolidation companies, to and including their ...
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| budget. | 8/16/2007 |
Q: I am asking this question on behalf of my daughter. She is returning to graduate school in a couple ...
A: According to my calculations, the stipend will meet her room expenses and her student aid will ...
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| U.S. Budget | 8/14/2007 |
Q: Is all the money being spent in Iraq now and in the past few years counted in the U. S. Budget ...
A: I believe you are correct, at least in part. Much of the Iraq war budget is taken from a ...
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| Budget Counseling in Portland OR | 7/23/2007 |
Q: I've made repeated loans to a friend with financial troubles. Fortunately he doesn’t have high ...
A: You are a very patient friend, but I would say at this point, you may be enabling your friend. ...
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| $ DISASTER | 7/14/2007 |
Q: I have a huge problem, I don't know how to save and when I have "extra" I tend to spend until last ...
A: I would be happy to help you work up a manageable budget. Avoiding financial disaster in the future ...
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| Overtime | 7/13/2007 |
Q: I am about to start a new job. It pays well,but the opportunity exists to make lots of extra ...
A: I am not a certified accountant or tax accountant. There are savings accounts through your employer ...
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| debt & saving ? | 7/12/2007 |
Q: I have a line of credit with $6000 owing on it. And have about $3000 in a savings account. I REALLY ...
A: I think both options are workable. The one thing I would encourage you to consider is the interest ...
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| Home Equity Line of Credit | 7/9/2007 |
Q: Kindred, first of all, thank you for sharing your talents. My problem is this: my husband is out ...
A: Although my area of expertise is in frugal living and budgeting, I will give this a shot . . . ...
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| Planning ahead | 5/27/2007 |
Q: How you doing? I have few questions. I will be very grateful if you can give me some advice here. ...
A: I'm fine, thanks for asking and I hope you are doing well. Welcome to the country. Although many ...
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| savings | 5/23/2007 |
Q: I am 52 years old, single. I made 38k last year, 31k the year before. I am a flight attendant. I ...
A: I wouldn't worry about what everyone says about mobile or manufactured homes. If your home lasts ...
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| Debt relief | 5/21/2007 |
Q: I am 21 years old and recently had an urgent surgery. I had no health insurance, but a little help ...
A: I do not personally believe in going to doctors, so I can't address this issue very thoroughly, but ...
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| Debt Reduction and Savings | 5/11/2007 |
Q: I just finished my third week of employment after graduation from college and I need to find a way ...
A: Congratulations on your graduation. Priorities are the key in maintaining a manageable budget. If ...
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| An auto loan and my credit? | 5/6/2007 |
Q: I just bought a car and financed it through the dealer. The only reason I did this is because I am ...
A: I'm really not sure that those "buy here/pay here" car deals do anything to boost your credit. Here ...
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| Transaction Fees | 5/4/2007 |
Q: For the past several years I have been paying off a credit card debt by rolling it over to 0% for 12 ...
A: If you've been doing this for "the past several years" I don't understand why there is still credit ...
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| balance transfer | 4/21/2007 |
Q: I have a loan that I am paying. The balance on the loan is $9000.00 with 7.75% interest. I often ...
A: I hope this is helpful. And I applaud you for getting rid of the debt. Run an amortization chart ...
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| new car purchase/lease | 2/24/2007 |
Q: For years I leaned towards leasing a car rather than buying, mostly because I enjoy driving a newer ...
A: I never recommend leasing to anyone, but I don't recommend debt, either, so . . . This may be a ...
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| money market / savings | 1/14/2007 |
Q: Can you explain what money market savings accounts are? What are the differences from regular ...
A: Usually a money market account is an interest bearing checking account with limited check writing ...
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| Loan to pay off bills | 1/14/2007 |
Q: Greetings Kindred, I am considering taking out a loan from my credit union to pay off my credit ...
A: Although I do not advise people to borrow money to get out of debt, a reduction of interest rate is ...
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| prices | 1/9/2007 |
Q: I am trying to move out of my parents' house. I need to get a realistic idea of how much income I ...
A: There are many sites for various cities that give quite a bit of information about the cost of ...
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| short term savings goal | 1/8/2007 |
Q: I plan on purchasing a new dining room set during the summer of 2007. I'm saving for it because I ...
A: There is nothing wrong with having more than one account and I applaud your willingness to wait and ...
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| Marital payout and financing | 1/3/2007 |
Q: I am able to refinance my mortgage and add an additional $52,000 to pay out the 35,000 I owe my ...
A: Yes, you have written a small book here and I am not an accountant, so please keep that in mind. I ...
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| Paying off Credit Cards | 12/3/2006 |
Q: I'm trying to figure out what so do with my Credit card bills. I have 2 Credit Cards totaling around ...
A: If you don't feel that you can increase your payments to resolve the debt, then I know there are ...
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| hello | 11/28/2006 |
Q: im just wondering something. im 17 yrs old,and a senior in high school. I started working the end ...
A: I would say, if you are still in school and maintaining your grade point average, then $10,000 is ...
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| Bill Debt | 11/11/2006 |
Q: My husband got us into debt on all of our utilities, and then finally decided to hand over the ...
A: If I understand this correctly, you are telling me, you are trying to pay down $700.00, but only ...
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| Money | 9/7/2006 |
Q: I have a two year old and I work full time and my husband works full time but I keep giving my whole ...
A: Stop writing checks when the money isn't there. It's not like writing a bad check gets the money to ...
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| Question about my fico score | 8/31/2006 |
Q: sorry i forgot to include that the reason for me getting my credit card is to try and increase my ...
A: Yes, I understood that you are trying to raise your score. My area of expertise is in "Living on a ...
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| Question about my fico score | 8/30/2006 |
Q: My fico score is 711. I am 23 years old and the only debt i have is my student loans. Should I apply ...
A: A credit card is probably the worse way in the world to keep debt low. I come from a different line ...
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| getting out of debt | 8/15/2006 |
Q: We just started Dave Ramsey's Total Money Makeover program. We have ~$300,000 annual income, I'm 64, ...
A: I am familiar with Dave Ramsey and but only aware his teaching, all I know about his plan is: ...
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