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I am 67 years old and recive(net) $700 per mo. from state retirement and (net) $1300 per mo from SS. I had implemented my income as a contractual RN and last year had an annual income of $35,000. I was able to pay all my expenses and climed my home interest on my taxes. This year, I had to stop working due to spinal fusion back surgery and will need a knee...
Submitted May 8, 2012
I am recently divorced after 22 years of marriage. I have no retirement in place, however my ex has a good retirement to which I was entitled to 50% through the divorce but I chose to only accept 25% of that which will come to about $16,800.00. My current income is aprox $17,000-$19,000/year.I only have $1700 in debt but will be needing to buy a car within the next...
Submitted May 8, 2012
Financial Planners always advise income earners to "pay themselves first". My question is what items would be included in the pay myself first catagory? Would it be a savings program or be used as discretionary income?
Submitted May 6, 2012
I am widowed since 2006. I get annuity from my husband''s retirement. I own my little mobile home and auto (paid off).I need to know how much, percentage, I should be saving monthly of approximately $1000 I have left after the bills are paid(lot rent, utilities, food,medical copays, etc) and what type of an account I should put it in. I''m only 51, am disabled but...
Submitted May 4, 2012
I would really like to buy a house in two years. My focus right now is on my credit. In the next year I have a few collections that will be falling off of my report. I have 2 collections that will expire in 2016. They are for very large amounts. My question is, in my quest to get the best mortgage and save enough down payment, should I pay off the old debt and let it...
Submitted May 4, 2012
Our children are grown, and this year we had to pay taxes. We file joint, and earn ~120K gross. We are both in our early 50''s. If I were to defer some income (12K), I would have less to contribute to the additional principal on our 30-year mortgage for 250K at 4% interest. Could you direct to a calculator that would help to project the savings on deferring some...
Submitted May 3, 2012
Hello, I have been offered a position with a New Zealand company which operates in Singapore. So, (a US citizen ) will be moving to Singapore. I was wondering if there is advise you have that would allow me to forego double taxation? thank you! paula
Submitted May 3, 2012
i am looking to gain as much interest on some sort of vehicle with a time limitation of 5 yrs - i don''t mind the investment being somewhat risky - cheers!!! bob
Submitted May 2, 2012
I had a question on how a settlement would appear on a credit report. I have a student loan that is with a collection agency.. it will show up as past due until it is paid off. Would it be a large ding to my score to pay a settlement and get moving towards a better payment history?
Submitted May 1, 2012
my friend is a student on F1 visa in USA. During her studies, she did consultancy in India while staying in USA. She earned less than $5000 in a year. Does she need to pay taxes on the income she earned? Thanks.
Submitted Apr 30, 2012

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