MrChrister
  • Member for 12 years, 2 months
  • Last seen more than a month ago
What can I do to help my financial situation?
2 votes

I think you have a plan, and if you stick to it you should be doing good. Remember the safety and happiness of your kids come first, and in that order. I bet your kids would rather remember Dad as ...

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How does one factor how much saving time is worth?
2 votes

I guess you could figure it out based on your total income, and the total number of hours it takes to generate that income if you want to do it simply. Count you job, side work, soda can deposits, ...

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Will a 7/1 ARM be better vs a 30yr fix rate for a mortgage if I am prepaying part of the principal every year
2 votes

I know you like the house, I personally am scared, but your reasoning and thoughts make sense. I am not trying to be bossy, but throw one more scenario into your comparisons for funds over the next 6-...

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How do financial services aimed at women differ from conventional services?
2 votes

It is just marketing and market segmentation. We could all shop at WalMart, but some people prefer wider aisles and mood music so they shop at Macys. Other people are fine shopping at Target or ...

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Should I use Mint.com? Is it secure / trusted?
2 votes

So could someone working at your bank directly. Of at your HR department at work. Most of the wait staff at the restaurant I ate at technically had access to my credit card and could steal money. ...

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What assets would be valuable in a post-apocalyptic scenario?
2 votes

A book on the power of persuasion. The people will need you to lead them to the glory land like the Deacon* from Waterworld *Dennis Hopper. Study up.

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How do credit card balances relate to getting a Mortgage?
2 votes

I would aim for 10% or less, because I believe 30% is where you start to get dinged on your credit score. No one will know for sure, as there are many models, but 30% is brought up by radio host ...

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How can I stop wasting food?
2 votes

Make a menu of 15 (or more) things you like to eat. Write a grocery list for what it takes. Divide that list into perishable and non-perishable. Put those items into a calendar and try to stick to ...

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Do tradespeople get paid as well in other Western countries as they do in Australia?
2 votes

If a person puts in the time, joins the trades union (like a Plumber's Local) and goes form apprentice to journeyman to master, then it is quite a good field. Being a tradespersons isn't free money ...

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How to plan my Finances when about to have a baby: What are some considerations to be aware of?
2 votes

You are going to miss way more work than you expect. Especially so if both parents are working. My wife and I both work and during the first couple of winters we couldn't average two weeks of ...

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Money transferred to an account in error
2 votes

You are obligated to return it, and they will come after you as soon as they figure out the error. You probably need to notify somebody as soon as possible and keep records of your correspondence ...

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How can I determine why I received a Form 1099-G?
Accepted answer
2 votes

You got a refund last year right? I believe your 1099-G is probably the income from that. The G is government income.

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This is my first job and I've only worked for 4 months in 2010. With a default withholding, should I expect a large refund?
2 votes

I have been doing e-filing and I get the return in my account in 10 to 14 days over the past couple of years. It is worth the e-filing cost to get my money back a month faster.

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Buying insurance (extended warranty or guarantee) on everyday goods / appliances?
2 votes

I usually say "no thank you", but if the salesperson gets pushy I say "if I need insurance, I guess I won't buy the product because I only want to buy quality that will last a good long while" I have ...

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Advantages/Disadvantages to refinancing online?
Accepted answer
2 votes

If you can deal with phone calls instead of a face to face meeting, for the average person with an average refinance online tools just offer another way to shop for deals. For new mortgages, I think ...

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First time homeowner and getting a mortgage?
2 votes

Make sure you shop around and ask a lot of places for a good faith estimate. Last I knew, the good faith document is the same everywhere and long form that makes it easy enough to compare the hard ...

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How would skipping a bill affect my credit history?
2 votes

It will go down some amount the first 30 days it is late, some more the next 30 and some more after that. How much really depends on what your current history is. If it is your first bill you will ...

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Do credit ratings (by Moody's, S&P, and Fitch) have any relevance?
2 votes

I like Muro questions! No, I don't think they do. Because for me, as a personal finance investor type just trying to save for retirement, they mean nothing. If I cannot tell what the basic business ...

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Do I need another health insurance policy?
2 votes

While I can't say how it is in the Philippines, my wife the insurance broker leads me to believe that individual insurance is more expensive than group coverages in the US almost always. So much so ...

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Financial Institution For Managing "Allowances"
2 votes

How about the new Mastercard "In Control" card http://www.pivotalpayments.com/ca/industry-news/mastercard-introduces-in-control-program-to-help-consumers-budget-800077802/ You can set budgets at ...

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Would you withdraw your money from your bank if you thought it was going under?
2 votes

The article you link scares me; but I still have faith that the FDIC will keep me protected. Personally, if the FDIC goes broke, there is something more fundamentally wrong with the government as a ...

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How can small children contribute to the "family economy"?
2 votes

(Although I disagree with the idea of getting a child working a real job to early, (I think kids should learn at school, learn manners, learn what the world offers and have responsibility) Here is a ...

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When are new versions of Quicken released? Should I wait a certain period of time before upgrading?
Accepted answer
2 votes

I upgrade every 3 years because that is when they stop supporting versions. My needs are modest and I really only use the budgeting, statement downloads and registers, and those items have been ...

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Should I pay points on my mortgage?
2 votes

From what I hear, usually not. Get an amortization schedule for the property, and see what the savings on the interest rate is. Then see what the interest versus borrowing less is. The consider ...

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Want to refinance: 7-year ARM, 30-year fixed, or 15-year fixed?
2 votes

Personally I would avoid an ARM for that long of a time. Rates just seem likely to go up because they are so low, and your low rate (in my opinion) won't be low for long. If you can afford the 15 ...

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Why might institutions prohibit carrying forward unused funds from one fiscal year to the next?
2 votes

Based on my college accounting classes (which I didn't score well in) the thought is that in the case of government, that money really belongs to the tax payers. What the intent of the rules are is ...

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What are some of the best companies for Roth IRA account?
2 votes

I am using Charles Schwab and I have no complaints.

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Why would selling off some stores improve a company's value?
2 votes

Maybe the location isn't yet, but will soon become a new loss. For example older soon out of warranty equipment, new tax laws in the locality soon to take affect or even just declining sales over the ...

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What do new Overdraft rules for U.S. banks mean for transactions, when they go into effect July 1, 2010?
2 votes

Previously, banks would allow you to overdraft your account, and then because you over-drafted, they would hit you with their large fees. My bank was $29 per overdraft last I checked. Now, they are ...

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How can you be sure you're getting the best prices on airfare and hotels from travel websites?
2 votes

Another thing I have heard is the timing of when you buy your tickets makes a big difference. The closer you get to your departure date the cheaper the fares sometimes, but you run the risk of not ...

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