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Question for the Money Doctors

Question submitted on Apr 17, 2012.

Question

i have 3 questions.I am 63 years old,but i am financily depleted.#1 I want to get out of debt before the end of this year.I will like to own my home,i am currently renting,
I will like to restart investing for me and my daughter.

Answer

Successfully achieving your goals will depend on the amount of surplus cash you have each month.  You probably need to prioritize your goals and tackle each one individually, more than likely starting with getting out of debt.  Here is a link to topics on the 360 degrees of Financial Literacy website that may help you begin to formulate a debt reduction strategy and develop a budget as well - http://www.360financialliteracy.org/ 


For additional information visit http://www.360financialliteracy.org/