Read Past Q&As
Hi there! I have 3 remaining debts: a mortgage, a small HELoC, and a student loan. Mortgage = $54k ($642 per month including taxes and insurance), HELoc = $12k ($137 per month), student loan = $53k ($379 per month). Interest deductions on my taxes for mortgage and HELoC, and a small tax benefit for my student loan. No credit card debt. I have been paying extra...
Submitted Sep 26, 2013
What is the amount of money I should be saving each year as a percentage of my gross income? This does not include retirment savings plans. thx.
Submitted Sep 28, 2013
My husband just passed away last Monday.I cannot find out if he had life insurance anywhere. I have scoured through his papers with no luck. His job was at U-Haul as part time and he did not have any through there that we can find. How can i find out if there is anything out there to help me.
Submitted Sep 30, 2013
Hi, thank you so much for taking my question about using a budget. I have written out a realistic budget that includes 12 categories and plans for even some future unexpected expenses. All wonderful on paper. But it takes too much effort to write down all spending as it comes out of the categories. Am I making this too hard? What is the simplest way to keep up...
Submitted Oct 1, 2013
i am a teen. my father passed away. i moved away from my grandmother she was the last person that was getting social security. she stopped giving it to me when i moved . my mother left me and she never signed up for my social security can i get that money over the two years i havent got back and can i sighn up to recieve it myself
Submitted Sep 20, 2013
My wife and i have over $100,000 in student loan debt to repay, but not the comensurate household income that one might expect from that expenditure. We''ve looked into occupations that offer some debt forgiveness, but haven''t had any luck. In light of the fact that we currently have a mortgage, is it realistic to think tha we''ll be able to pay off such a large...
Submitted Sep 12, 2013
family member who lives out-of-state will be coming out of hospital and nursing care with mental incapacity. She will need a ''group home'' to live in and we need help finding one. Her home will be foreclosed on and her job will be gone. She cannot live alone because of her mental state, and she has no assets. Please give us guidance. We cannot help financially...
Submitted Sep 17, 2013
My daughter has life insurance policy. Beneficiaries live in calif,virginia and oregon. Will they be required to pay any taxes on money rec''d?
Submitted Sep 17, 2013
I purchased a SPWL policy from MONY Ins. Co. back in 1987. I paid a one time premium of $30000. During the past 24 years I borrowed $56000. with the understanding I would not have to pay this money back. In 2011 for various reasons I let the policy lapse. Without knowing Mony sent IRS a 1099-9 showing a distribution of $123,000 roughly for 2011. The IRS is telling me...
Submitted Sep 18, 2013