401(k): Toddler
Results 1-10 from 258 articles
401K Loan
Asked by K.H. from Indianapolis
on April 6, 2012
-
We have some pretty sizeable credit card debt. Nothing we can't manage month to month (and usually pay more than the minimums). However, it is really taking FOREVER ...
Answers
- My only thought - can you keep the debt OFF the card once you pay it down? I have a gf that does this exact thing at least once every 2 or so years. Her cards get ...
- um...your only going to be able to pay half of your Credit card debt...makes no sense to do this...lets just add another form of debt to the load... You say this wi...
- I'm not totally sure, but I think you might have to use the loan as earned income on your taxes for 2012 and the irs will charge you 10%, plus it might throw you into ...
401K - How Much Should I Have in There by 33?
Asked by A.D. from New York
on January 10, 2011
-
My parents just retired and I would like to try to understand how much I should have in my 401k by now and how much I should be setting aside. I just started a new job...
Answers
- You need to talk to a financial advisor who can give you solid guidance. Many people here have good ideas but we are not professionals. You need to do research a...
- Make sure you are carrying no debt and have an emergency fund. Check out this calculator: http://www.daveramsey.com/tools/investing-calculator/ Dave Ramsey is a WE...
- It depends on how much you want to live on once you retire. Then, generally, if you can withdraw and live on 4% a year of that total amount, theoretically, you will n...
Can You Help with Money Saving Tips?
Asked by A.H. from Chicago
on October 21, 2008
-
My retirement savings just took a major nosedive with the recent stockmarket drops so I am going to need all the help I can get with saving money. Is there one major ...
Answers
- Hi A., Things we have done: -Switched to CD One Price Cleaners instead of using regular drycleaners for almost all of our clothes, only $2.29/item, even a dress and ...
- Sounds like there's lots of good advice. Skimming through, however, I didn't see anyone put down http://www.freecycle.org. This, and other swap-type groups help peop...
- Did you do the typical things they suggest on money saving websites? -Change to fluorescent coil light bulbs -Lower your thermostat a degree or two in the winter- ...
How Much Do You Hve Left over Each Month After Bills?
Asked by M.W. from Washington DC
on August 25, 2011
-
Just wondering if any of you would be willing to share how much $$ you have left (if any) for misc items and clothing after all bills, mortgage, food and gas are accou...
Answers
- I live in an area not to far away. People are amazed at our utility bills here in the D.C. metro area. I just switched to a lower rate. We hope to find a way to put so...
- Just looking at your numbers, I think you are doing pretty well. I don't live on the east coast (I'm in AZ) but it seams like you are spending "normal amounts" on norm...
- we are happy as long as long as we break even at $0 before the next paycheck. We do not eat out, spend money on clothes or buy any extras. Those are just our bills. Af...
IYO What Are the Jobs/careers That Has the Best Retirement Benefits?
Asked by N.N. from Detroit
on March 14, 2012
-
Jo W post (I don't want to go to work) has me thinking about investing and retirement. What are you doing or what did your parents do in order to make sure that they w...
Answers
- My husband was in outside sales for years with raw materials. In 2005 we had an opportunity to slowly start our own LLC with brokering raw materials, consulting, etc. ...
- Which post? I know that public union jobs are about the last hold out for the defined benefit plans. Can't get better than that. In the real world anything tha...
- Well I work in the retirement plan administration industry. Pharmaceutical companies typically have excellent retirement plans, as do finance companies. The downside i...
Are Vitamins Really Necessary for a Toddler?
Asked by S.S. from Detroit
on February 16, 2008
-
I have a two year old. He does not take vitamins. What do you think?
Should a toddler take vitamins? Is it really necessary or all hype?
If you think it is necessary...
Answers
- most people -- adults and children do not need vitamins. as long as they eat a decent diet. does your child eat a variety of foods?? maybe not all in one day but...
- Absolutely! It's pretty rare that anyone gets all of the nutrients that they need without a multivitamin. See "Might-a-mins" on my web site at (click on the demo!)...
- Hi S. Understanding the need for cutting corners, I think you should give your toddler vitamins. Check with your Pediatrician as to which one he or she recommends....
Saving for Your Toddler's College Fund! 529, Gerber Life, Etc???
Asked by J.A. from St. Louis
on February 11, 2011
-
Any suggestions on what you and your family are doing?
While my parent's paid for about 60% of my college career, they hardly saved at all and left both myself and...
Answers
- Hm, no savings for kids. We own properties (one paid off) and plan on buying more as years pass. Come college time, if kids don't get scholarships then we sell a prope...
- Missouri's MOST plan is one of the top five best plans in the US. Not sure why you would look anywhere else. Oh Lola, we thought the same thing about private sch...
- Honestly your financial planner is right. There are many ways to finance a college education. You can't borrow your own retirement. While "maxing out" your retirement ...
In Today's Times: Do You Save?
Asked by V.M. from Las Vegas
on August 31, 2011
-
Hey moms,
I am really curious how moms out there manage their budgets...what is a comfortable "leftover" amount after all bills are paid and money has been put away...
Answers
- Sounds like you have a nice problem. I'd seek a financial planner.
- I wish I had that much to save. We usually save 10%. Thats all we can do.
- Well just what you put away for that (3500 plus the kids) well we don't even make 3500 a month so for your lifestyle that is probably good. Our family of five on one i...
Buying Savings Bonds for My Toddler's Future
Asked by A.A. from Los Angeles
on March 15, 2010
-
Hi Moms,
I know nothing about savings bonds, but have heard that they double in value after 7 years from the time of purchase. Is this true? If I buy a $500 savings...
Answers
- Great question! I'll tune in for responses because I'd like to know too...
- I'll start from the beginning. You can purchase a savings bond directly from the US Treasury or from any bank that has agreed to act as an agent for the Treasury. No...
- My mom is a financial advisor. But we're from Mn so that won't help you. And not all financial advisors CHARGE for info! She meets with people all the time and ...
Help Me Help My Daughter
Asked by P.S. from San Francisco
on November 11, 2009
-
Please accept my apologies in advance. My youngest daughter (25) is a single parent of 3-year old twins. They live with us; she gets cash assistance and subsidized chi...
Answers
- Hello P., My heart is so sad that you are going through this. I know that you are seeking advice but as the mother of 5 children and having raised several foster chi...
- P., I am so sorry for the position you are in! My suggestion is to sit her down and have a heart to heart talk about your concerns and lay down some ground rules. S...
- It sounds to me like she is using you and needs to have some tough love. It sounds like you are raising her children and she is on a free ride. Unfortunately you are e...
