• How does someone with low-income retire?

    How can a single person retire when he/she can only muster a little bit above minimum wage their entire life and has to dump most of their income in rent and mandatory bills? Sure they can save roughly 400/mo or so, for when their too old to work, but the money will run out if a person reaches their 80s or 90s.... show more
    How can a single person retire when he/she can only muster a little bit above minimum wage their entire life and has to dump most of their income in rent and mandatory bills? Sure they can save roughly 400/mo or so, for when their too old to work, but the money will run out if a person reaches their 80s or 90s. Meaning they'd spend their final days in a shelter with mentally ill people and very low end living conditions. I don't see a way, does anyone know?
    28 answers · 1 day ago
  • Why does the bank charge interest for loans when I “lend” them my money ALL THE TIME FOR FREE?

    Just a cynical person here wondering why my husband and I cannot afford a home with us both working and a low income USDA loan for one of the cheapest homes in San Diego that’s not a trailer park. ($260,000). Oh that’s right, because of interest! WHY MUST THERE BE SO MUCH INTEREST?? I put my money in the bank for... show more
    Just a cynical person here wondering why my husband and I cannot afford a home with us both working and a low income USDA loan for one of the cheapest homes in San Diego that’s not a trailer park. ($260,000). Oh that’s right, because of interest! WHY MUST THERE BE SO MUCH INTEREST?? I put my money in the bank for them to do whatever they want with and charge them nothing all the time. Thank you.
    21 answers · 1 day ago
  • Where can I get a ten year term personal loan?

    I need a personal loan for 100k. Is there ANY place where I can get such a loan through a 10 year term? Someone PLEASE answer. This has been stressing me out for a while.
    I need a personal loan for 100k. Is there ANY place where I can get such a loan through a 10 year term? Someone PLEASE answer. This has been stressing me out for a while.
    18 answers · 2 days ago
  • So a little while ago I tried to cash a check from work at my pnc bank?

    I have an account there and I was trying to cash it but they said I could only deposit it, when 2 weeks before with my last check I was able to cash it right away. Last tim a manger even came out to say that I could only deposit because I didn’t have the funds in my account. My question is why
    I have an account there and I was trying to cash it but they said I could only deposit it, when 2 weeks before with my last check I was able to cash it right away. Last tim a manger even came out to say that I could only deposit because I didn’t have the funds in my account. My question is why
    14 answers · 1 day ago
  • Can a bank accept a check if the name is slightly wrong?

    My employers wrote me a check for expenses but they got my first name slightly wrong, just missing off one letter from the end of my first name (no, I can't just add the missing letter), I tried to put it into my account today but the woman behind the counter wouldn't take it - she seemed rude so not sure... show more
    My employers wrote me a check for expenses but they got my first name slightly wrong, just missing off one letter from the end of my first name (no, I can't just add the missing letter), I tried to put it into my account today but the woman behind the counter wouldn't take it - she seemed rude so not sure if this is standard. I don't want to get a new check if I can help it as it takes them a while to process a new check, it may mean my sending them their check back or going into the office which is a pain, plus I need the cash ASAP and as it already takes 5 working days to clear adding another week or two is going to be a huge problem. Should I try putting the check in again tomorrow in different branch?
    9 answers · 14 hours ago
  • I need to deposit 20k I saved up in the bank to buy a car. Well I get in trouble depositing that much cash at once?

    Best answer: Your question is worded a little unclearly. You are saying you have $20k in cash and want to deposit it into the bank, correct? Well, for starters, can you just give the car dealership cash? That might solve the problem right there. If not, I'd suggest breaking that deposit up into 3 or 4 deposits of... show more
    Best answer: Your question is worded a little unclearly.

    You are saying you have $20k in cash and want to deposit it into the bank, correct?

    Well, for starters, can you just give the car dealership cash? That might solve the problem right there. If not, I'd suggest breaking that deposit up into 3 or 4 deposits of unequal amounts, and spacing it weeks apart. But if time is of the essence, you'll have little choice. Just deposit the $20k and fill out the paperwork explaining where you got the money.....that you've been saving it up for years in a shoebox at home. Or whatever.
    12 answers · 1 day ago
  • Is it difficult to move out of your parents house at a young age? And how can I get started?

    Best answer: You start with a job. No job, no moving out (no one will rent to you without you having a steady income). Start saving now. In order to get into an apartment, you will need first month's rent plus a security deposit (usually equal to one month's rent. Then add in furnishings, various daily stuff... show more
    Best answer: You start with a job. No job, no moving out (no one will rent to you without you having a steady income). Start saving now. In order to get into an apartment, you will need first month's rent plus a security deposit (usually equal to one month's rent. Then add in furnishings, various daily stuff (utensils, cooking stuff, etc.), and then groceries. Some of the stuff you can get at flea markets, yard sales, etc., but expect your bare minimum to be $2,000...assuming you are trying to rent a $750 apartment, you are now up to $3,500 before even moving in.

    Next, do a budget - utilities, cell phone, cable/internet car insurance, etc. Your expenses might surprise you - and the odds are you will underestimate your expenses by about 25%.

    As for working on your own - not without experience actually learning whatever business field you want to go into - figure 4 - 5 years of working for someone else getting experience, building contacts and saving money (you can't really think you can go out on your own in the business world without a few tens of thousands of dollars - there is no lender that will give you a business loan that covers more than 75% of your first costs).

    You have great dreams, but haven't done any of the homework.
    15 answers · 3 days ago
  • What should I do? My life cannot get worse?

    I have been in a financial crisis for a while now and I met this guy on Jack'D and he promised me 3500 dollars. I gave him my bank info and hes been having me do this weird stuff like take out 500 dollars and go to Walmart and do their Walmart2Walmart service to transfer the money to him. He claimed I was... show more
    I have been in a financial crisis for a while now and I met this guy on Jack'D and he promised me 3500 dollars. I gave him my bank info and hes been having me do this weird stuff like take out 500 dollars and go to Walmart and do their Walmart2Walmart service to transfer the money to him. He claimed I was supposed to get paid yesterday but he deleted his account on Jack'D and has been ignoring my phone calls. He made my bank account negative 1400 dollars and the bank basically said there was nothing they could do since I technically withdrew the money and gave it to him even though he deposited it. I also can't go to college anymore becuase that 3500 was going towards that, but now I really can't go. I have no job anymore, my other job let me go. I have no car, and I have no money. I just need some guidance right now so please no disrespectful comments. I just need help, bad.
    23 answers · 5 days ago
  • Do you think its fair to take my boyfriends money?

    Well Heres the deal he doesnt have a job he finds odd jobs and its always enough to pay the monthly income i need from him to make it through. Our rent is 1450 So i make him pay 850 Half plus a hundred for food and utilities I pay lots of other bills i have occured; which are my problem of course, but i take... show more
    Well Heres the deal he doesnt have a job he finds odd jobs and its always enough to pay the monthly income i need from him to make it through. Our rent is 1450 So i make him pay 850 Half plus a hundred for food and utilities I pay lots of other bills i have occured; which are my problem of course, but i take all of it where he is broke mostly but its not my fault because he only aims to make enough to pay the monthly income i need he always does but i feel bad sometimes when cause he pays me sporadically through the month and i always leave him broke. But is 850 cheap to live especially considering we live in sherman oaks? hes 28 and im 22? please give me advice how i should feel thank you
    11 answers · 4 days ago
  • How I can I save long-term in a country where inflation has always been higher than any interests rates on a savings-account?

    I'm Mexican. I would like to save long term, but inflation is always higher than any interests I may get from having my money in the bank. Money consistently loses about 15-20 percent of its worth each year due to inflation. How I can I save long-term in a country where inflation has always been higher... show more
    I'm Mexican. I would like to save long term, but inflation is always higher than any interests I may get from having my money in the bank. Money consistently loses about 15-20 percent of its worth each year due to inflation. How I can I save long-term in a country where inflation has always been higher than any interests rates on a savings-account?
    6 answers · 18 hours ago
  • I’m 14. Can I break a 100 dollar bill at a bank even if I don’t have an account?

    So for my birthday, my uncle gave me $100 in a single bill, which is awkward because I like to use smaller bills like $20’s. Can I go to a bank and break the 100 into smaller bills? I don’t have a bank account either so will they let me? Do I need an ID of any kind?
    So for my birthday, my uncle gave me $100 in a single bill, which is awkward because I like to use smaller bills like $20’s. Can I go to a bank and break the 100 into smaller bills? I don’t have a bank account either so will they let me? Do I need an ID of any kind?
    20 answers · 5 days ago
  • Will my delivery be sent to my parent's P.O box if I can't accept the delivery at the door? (I live with my family)?

    I told my parents that I am having a couple items shipped to the house. My dad is retired so he is usually home to answer the door, but he does like to leave the house during the day sometimes. He told me not to worry about it if he is not home and I am at work because the items will most likely be delivered to... show more
    I told my parents that I am having a couple items shipped to the house. My dad is retired so he is usually home to answer the door, but he does like to leave the house during the day sometimes. He told me not to worry about it if he is not home and I am at work because the items will most likely be delivered to the post office. However, I do not have a p.o box or any other alternate delivery locations besides the house. If my father said it would most likely be delivered to the post office, does that mean he has put my name down to receive items at the box as well?
    5 answers · 2 days ago
  • Can you collect your social security in the Dominican Republic?

    I would like to move to Carvarichi Bay when I retire. Can I collect my Social Security in the Dominican Republic?
    I would like to move to Carvarichi Bay when I retire. Can I collect my Social Security in the Dominican Republic?
    10 answers · 4 days ago
  • Can a co owner of a checking account close the account?

    I would like to get a debit card at my bank (Fox Valley Savings Bank). I called them and they said I needed a parent as a co owner of the account and I want to know if the parent can close or cancel the account.
    I would like to get a debit card at my bank (Fox Valley Savings Bank). I called them and they said I needed a parent as a co owner of the account and I want to know if the parent can close or cancel the account.
    14 answers · 5 days ago