Archive for the ‘Financial Help’ Category

I'm 20 years old and I moved out to Ventura CA on my own, no connections, family, etc. Little to no luck with finding jobs out here, all I have right now is a part time job that schedules me for about 20 hours a week and usually sends me home early, minimun wage, all of that

Is there any type of welfare I can apply for to help pay for food gas rent, LIFE?

You can apply for food stamps and housing that's it because you do have an income. Go to your local human resource office or call the court house they'll lead you in where to apply at. With housing you'll need fill out a application and you'll be on a waiting list and that will help out on rent and your utilities by combining the together making it cheaper for you to pay. With your PT job I do believe that you'd apply for those things. Now I will say this after you are on welfare it's hard because you'll have to either stay working PT with benefits or work FT and loose the welfare benefits. Oh and one more thing your not alone God's with you, have faith and stay strong!!!

Good Luck and May God Bless You

Many financial services providers tout their financial advice as being for free. But we all know nobody does anything for free. Aparently there are a bewlidering number of ways in which investment advisors make their money such as trading commissions, hourly frees, trailer fees, management fees, performance fees and so on.

I would like to hold an online survey to gauge which methods most Y!Answers users come across and their views on each method or which method their prefer most.

Thanks for taking the time to answer my question.

Many financial advisors will offer free consultations in the hope that you will decide to purchase investmenst products from them.

Although there are many commission-based advsiors who are excellent, there is a growing belief that using a fee-based advisor tends to eliminate any potential conflicts of interest. If an advisor charges a fee- either hourly or based on assets managed (i.e. 1% per year)- then there is no incentive to him to put you in high-commission products for his own gain. There should be no commissions with a fee-based advisor.

Duke University President Richard H. Brodhead and five distinguished members of the Duke faculty hold a wide-ranging conversation that can help us understand the issues pertaining to the current credit crunch and bring some sense to a very chaotic situation.

The faculty panelists are Professor of Economics Craig Burnside, Brainerd Currie Professor of Law James D. Cox, J. Paul Sticht Professor of International Business Cam Harvey, Ernestine Friedl Professor of Political Science David Rohde, and Thomas F. Keller Professor of Accounting Katherine Schipper, with President Brodhead moderating the discussion.

Learn more at http://www.duke.edu.

Duration : 1:27:21

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My mom has been a “stay at home mom” for a while now, but my dad was recently laid off from his job because the company closed it’s location here and technically went overseas. When applying for financial aid for thinks like studying abroad and college, how does that affect their decisions? He’s been out of work for a month or two now, and has been unable to find work in his area until the beginning of next year, and he receives unemployment. We are a middle class family, but with a lot of debt wracked up that we are currently paying off. So there’s a little bit of insight for you…

Thanks!

When you apply through FAFSA next year, and they look at his tax return from this year, they’ll see that his income was lower and it would most likely affect your financial aid package.

For this year, talk to your financial aid department at your school. Changes in circumstances can sometimes result in additional aid.

But studying abroad might be out of the question, unless you get a job and save the money for it yourself.

Good luck

Introduction

Planning for retirement is serious business. If you are in the process of developing a retirement plan, you have to take into consideration the debt that you have today. The debt you have today has a direct impact on your ability to plan for an investment in your retirement. In short, it is important for you to get your debt under control in advance of really sitting down and developing a meaningful retirement plan.

As part of pulling together a comprehensive plan and program for your golden years, you might want to consider obtaining an unsecured debt consolidation loan as a means of gaining a sense of control over your current debt. This very well may prove to be a vital step in creating a retirement plan that will serve you very well in the future. Through this article, you will be provided with some basic information about how an unsecured debt consolidation loan can assist you in your retirement planning.

What is an Unsecured Debt Consolidation Loan?

An unsecured debt consolidation loan is a loan that is designed to assist you in dealing with your existing debt. Through an unsecured debt consolidation loan you are able to pay off the balances on different credit accounts that you might have outstanding at this point in time.

Another element of the unsecured debt consolidation loan is that you do not need to have any collateral to obtain this type of loan. In other words, you do not have to have a lien placed upon your home (or auto) in order to obtain an unsecured debt consolidation loan.

How Will an Unsecured Debt Consolidation Loan Help in My Retirement Planning?

There are a number of reasons why an unsecured debt consolidation loan can be of assistance to you when it comes to developing your retirement plan. First of all, by obtaining an unsecured debt consolidation loan, you will be able to free up some of your money that can then be used in developing your own retirement plan.

If you’ve multiple accounts that you are having problems dealing with, you likely are paying higher interest rates as well as late fees and penalties. By obtaining an unsecured debt consolidation loan, you will be able to obtain financing through the unsecured debt consolidation loan at a lower rate of interest. In addition, you will be able to avoid paying late fees and penalties when you do obtain an unsecured debt consolidation loan.

As mentioned, because you will have money freed up through the unsecured debt consolidation loan process, you will be able to allocate more money to your retirement plan.

In addition, through an unsecured debt consolidation loan, you will be able to improve your credit score. By having an improved credit score, you will have more options available to you, including more options available to you when it comes to your retirement planning as well.

Thomas Erikson
http://www.articlesbase.com/finance-articles/developing-a-financial-plan-for-your-retirement-how-an-unsecured-debt-consolidation-loan-can-help-114565.html

People need financial planning at every stage of their lives, whether it be debt reduction, buying a house or a car, marriage, divorce, and the biggest concern of most working people
—retirement. Why don't more people realize that the financial decisions they make today have a direct effect on the life they will be able to afford tomorrow?

Take your pick.

a) No discipline.
b) No education in finance — a product of our public schools.
c) No goals for the future — just live for today.
d) All of the above.

I live in Michigan and owe a financial institution on an automobile loan. I just filed my taxes for 2006 this year. I received a letter from the bank stating that they have permission from a court order to be able to garnish any bank account and refund I have. Since I've received this notice in 2007, will they be able to garnish my 2006 Federal refund?

If they have a court order stating they can have yoru refund until the bill is paid in full…yes they can, and if need be, they will take the next year's return as well.

Sorry, but no bill goes unpaid in this the decade of litigation.

I've just read Rich Dad Poor Dad and Rich Dads Cashflow Quadrant by Robert Kiyosaki. In these books Robert talks about the
importance of financial intelligence. Which books do you recommmend which can help me increase my financial inteligence
as prescribed by R. Kiyosaki. I'm not really good with numbers so a book thats aimed at such people wpuld be best. A
"financial inteligence for dummies" if you will.

Warren Buffett wrote (maybe co-wrote) a book a few years ago. I highly recommend it.

Also, I would strongly recommend a basic textbook on micro- and macro-economics.

Good luck.

How does information from financial reports influence business decision making? Why is it important for business managers to understand the information found on financial reports?

Financial reports allow business managers to see current numbers compared to years prior. It will allow them to see growth or loss. It let's them know where the company stands in the "market place" and what percentage of consumer spending in that market place is being spent on that company. It also helps in forcasting – the fortune teller responsibility – the BM looks at the years prior and sees that an increase or decrease is approaching and can order stock more efficiently. For instance – a BM at Home Depot – he will look at financial reports to see when is the best time for snow blowers to hit stores in the New England area as opposed to the same item to hit stores in the Mid West. It also allows the producers of said snow blowers to see if they can take a price increase on the product in a given year and what time of year would it be best received by the consumers.
Hope this helps.

Financial aid questions: answered. Practical advice on financial aid questions from Douglas Christiansen, Vanderbilt’s ociate provost for enrollment and dean of admissions at Vanderbilt University. In a series of short and direct video clips, Christiansen uses his 20 years of experience in admissions leadership roles to help students and parents understand the financial aid process and what questions to ask financial aid officers at any school. Christiansen tackles questions such as, What …

Duration : 0:15:32

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