| Subject | Date Asked | Expert |
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| Credit Cards | 10/23/2007 | Gina Boykin |
Q: I hope that you can answer my question regarding credit cards. Do you know how to determine the ...
A: the 2-cycles only start to apply once you have a month where you don't pay the balance in full. for ...
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| credit card pay0ff-now what? | 10/23/2007 | Gina Boykin |
Q: We have paid off all our credit cards! Do we keep them all open, or close all of them but one? I've ...
A: I've actually heard the experts go both ways on this. Some suggest to keep them open to retain your ...
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| Credit Cards | 10/18/2007 | Gina Boykin |
Q: I hope that you can answer my question regarding credit cards. Do you know how to determine the ...
A: The average daily balance should be calculated by adding up the balance each day and dividing by the ...
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| debt help | 10/18/2007 | Gina Boykin |
Q: I have $41000.00 in credit card debt. Where can I go for help??????
A: You can go to www.nfcc.org which is the National Foundation for Credit Counseling and search for the ...
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| financial advise | 10/17/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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| i need help | 10/15/2007 | Chris G. |
Q: got out of a relationship and racked up a lot of credit card bills- and i was left with them all to ...
A: Mr. Gibson, Thank you for the email. What was your household income during the time? Generally, I ...
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| Debt and Savings | 10/12/2007 | Chris G. |
Q: I am a recent college grad and I am having a hard time with my budget. I want to be able to make my ...
A: Hey Jordan, thanks for the question. I understand how tough it can be right out of college. First ...
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| Paying off loans vs. saving for a home vs. 401(k) | 10/7/2007 | Gina Boykin |
Q: My husband is 28 and I am 27. He makes $40,000 as a postdoctoral associate and I make $195,000 as a ...
A: The best place to start, regardless as to the strategy you take, it to have a good budget. It will ...
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| BUDGET | 10/6/2007 | Kendra M. Tessman |
Q: My name is luke and i am emailing you for budgit advice for the future.at the moment any money i ...
A: Luke, I have a few pieces of advice for you. First, when you save your money, look for the highest ...
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| Student Loan Debt | 10/5/2007 | Chris G. |
Q: I am so frustrated. I have about 80k in student loans from an ivy league school . The student loans ...
A: Hey Denice, Thanks for the email. It does sound like you have a debt crisis, but you also have an ...
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| Pay off the mortgage? | 9/28/2007 | Chris G. |
Q: I have a 5.5% interest rate on my mortgage. I have about ten years left to payoff $57,000. I have ...
A: Dan, Thanks for the email. You have some incredible numbers there. You are doing pretty good ...
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| ODP vs Credit Cards | 9/28/2007 | Chris G. |
Q: I am not sure what is the best scenario. We have pretty high credit card debt, but will frequently ...
A: In order to answer your question, I would do almost anything to keep from putting money on credit ...
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| Not Qualified | 9/28/2007 | Chris G. |
Q: Out of job since January '07. FEW TEMPORARY jobs. Now almost October-still no job! Bills are 2 ...
A: Hey Grace, Thanks for the email. It sounds to me like you are going through a very tough time ...
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| Debt Consolidation | 9/26/2007 | tbaarr |
Q: I have what I hope is a simple question. Currently I have about $40k in revolving credit. I need to ...
A: ok when i ask a creditor to reduce my interest rate i rely on my past payment history and point out ...
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| wealth management | 9/21/2007 | Gina Boykin |
Q: I graduated last may and started my first job out of college this week. I'm pretty good at saving ...
A: Every financial planner says something different about the suggested % allocations, but they usually ...
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| debt and saving | 9/18/2007 | Gina Boykin |
Q: I'm 28 yrs old. I have about 6,000 dollars in Credit card debt. I recently decided to go back to ...
A: Your plan to go back to school could be a good or a bad thing right now. It depends on the factors. ...
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| student loans and debt/budget | 9/16/2007 | Gina Boykin |
Q: I am receiving $5394 dollars in student loans this term. My tuition and books are 1800. $900 of this ...
A: The first step for you is to create a budget, by week preferably. I'm not sure if you have any ...
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| Credit Cards | 9/10/2007 | Gina Boykin |
Q: I am about to turn 18 and I am trying to find out the best way to establish good credit. I live at ...
A: Your credit score is determined by a few things. I'll go through them here... 30% of your score is ...
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| Paying off Mortgage | 9/10/2007 | Chris G. |
Q: 00 at 10.5% interest. I would be paying it off with my credit card at a 4.9% fixed for the life of ...
A: Hey Marg, Thanks for the email. It would appear mathmatically that this would be a good deal. But ...
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| Millionaire | 9/1/2007 | Kendra M. Tessman |
Q: I want to be a Millionaire do have any advice? thanks in advance
A: Radhi, My advice is to ask yourself if it is worth the sacrifice. The "rags to riches" story is ...
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| I'm a disaster when it comes to finances... | 8/28/2007 | Chris G. |
Q: Chris. My question is regarding my personal finances... I'm wondering if you can offer advice on ...
A: I want you to know up front that I have dealt with individuals like yourself that know that there is ...
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| Debt relief consolidation | 8/25/2007 | Chris G. |
Q: I have a friend who has about $6000 combined current debt between 2 credit cards and a loan from a ...
A: it sounds like your friend is definitely going through a tough time at the moment. I'll see if I ...
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| Debt relief consolidation | 8/25/2007 | Gina Boykin |
Q: I have a friend who I believe has lost control of her debt situation. The amount is not particularly ...
A: The best 1st step for her to take is to cut up the credit cards to make sure she does not add to the ...
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| Debt relief consolidation | 8/25/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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| need advice | 8/21/2007 | tbaarr |
Q: okay so im 21 and want to be a musician- im singer/songwriter and want to get my stuff out there- i ...
A: I hope you realize that I lived in LA for 20 years so everything I quote will be based on first ...
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| budget. | 8/16/2007 | Chris G. |
Q: I am asking this question on behalf of my daughter. She is returning to graduate school in a couple ...
A: There are general percentages that I would normally recommend. But not in this specific case. If I ...
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| budget. | 8/16/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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| Trading vehicles | 8/15/2007 | Chris G. |
Q: We have a 2004 Honda Pilot that we bought new. It has about 114,000 miles on it. It was a 6 year ...
A: If you were to try to get a trade-in on your 2004 Honda Pilot, the dealership would probably offer ...
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| U.S. Budget | 8/14/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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| Loan source question | 8/9/2007 | Chris G. |
Q: I just started on a Home Equity Loan of Principal Loan Balance: $17,000.00 with Annual Interest ...
A: Getting the money out of the H.E.L would free up the risk of losing your home in the event that you ...
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| credit card debt | 7/27/2007 | tbaarr |
Q: i have 2 credit cards. I am looking to pay them off asap, but i need some guidance on which to pay ...
A: ok i will assume you have at least 500 available credit on each card still since you did not tell ...
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| Budget Counseling in Portland OR | 7/23/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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 | Kindred Beisinger penname K D Elizabeth Beisinger |
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 | Kindred Beisinger penname K D Elizabeth Beisinger |
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 | Kindred Beisinger penname K D Elizabeth Beisinger |
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 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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| What do you mean rent free | 6/23/2007 | Gary C. Dunn |
Q: What do you mean rent free. I've heard of house sitting, but what happens when they want their ...
A: What do you mean rent free. --> Dan, you make no rent or mortgage payments. You get to live in ...
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| credit report question... | 5/31/2007 | tbaarr |
Q: Good evening!! I have just perused a copy of my credit report from experian, and verified what I ...
A: multiple unused accounts can reduce your credit score but i dont cancel them i convert them to ...
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| Planning ahead | 5/27/2007 | Kindred Beisinger penname K D Elizabeth Beisinger |
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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