How much money should I have saved in my 401k?


Posted May 31st, 2009 by admin No Comments »
401k
MominOhio asked:


I am in my early 40s and have watched my 401k drop by about 40%. What’s a good rule of thumb when looking at your 401k balance? How much money should you have saved by your early 40s?

Mutual funds?


Posted January 18th, 2009 by admin No Comments »
mutual funds
Capricorn asked:


I have a small amount of money I would like to invest. I have heard of mutual funds but what are they? how do you get them? how much do they cost? how much money can you make from them? Is there a certain amount of time you have to wait before getting the money from them? Do they require any “upkeep”? Anything else I should know about mutual funds?

Do you have suggestions for other easy investments that would be better than a mutual fund?

Sorry for so many questions but i would really appreciate someone knowlegedable to help me out. Thanks!

How is money released in the market? How, on what basis and how much money is released?


Posted January 14th, 2009 by admin 3 Comments »
money
aks asked:


Government makes money (literally). But then there must be something productive done for a society to prosper so people serve each other through some service or product. However as such I or you cannot create money to pay for someone’s service/product. How is money created by governent released in market, on what basis government releases money? What is role of RBI ? when government releases moeny in market is it buying something in return but then who does it buy from ? Somehow, somewhere services/products created by society are finally getting to RBI (so that it can release money) but how ? Please explain.

How much money would I make if I bought some stuff at a store called five below and sold it on eBay?


Posted January 14th, 2009 by admin 4 Comments »
money
Bluesocks asked:


I want to make some money to go to a camp you might of saw my question (I am 13 is it possible to make 5000$ in 255 days?) I got a sugsetion to buy some cool cheap things and sell them on ebay. I just want to know if I will make any money if so how much? Thanks for your help!

How much money would I get for used books?


Posted January 14th, 2009 by admin 3 Comments »
money
David L asked:


I’m planning to sell my books to a used book store, and I was wondering how much money I would get for them. I live in Ontario, Canada, the tax here is 15%, and I was wondering: How much money can a book sell for, if it’s used. The books I have are in semi-good condition, no scratches or bends. The only imperfection id that my name is on all of them, neatly, on the front and back pages. How much would it sell for at an ordinary used books store?

How much money is average to give at a wedding?


Posted January 14th, 2009 by admin 20 Comments »
money
Trix Is My Kryptonite asked:


My friend is getting married today and normally, I give personal gifts, but now I’m thinking back to all the wedding gifts I got, and so many of them are still stored in our storage locker (and we’ve been married for 5 years!) I think it’s safer to give money so she can get something she likes. How much money is acceptable to give?

How much money should I save until I start a banking account?


Posted January 14th, 2009 by admin 6 Comments »
money
Grab life like a basket ball asked:


Ok, I am 13 and am thinking about getting a banking account to save money and stuff. how much money should I get until I get a bank account? and do I get intrests? and if so how much?

How much money does Wisconsin make a year from speeding tickets, and where does that money go?


Posted January 14th, 2009 by admin 1 Comment »
money
buttons asked:


If anyone could tell me the average amount of money Wisconsin makes on speeding tickets and what they send that money on I would greatly appreciate it. I couldn’t find anything on the internet, but maybe you’ll have better luck.

How much money can you make until you have to start paying taxes?


Posted January 14th, 2009 by admin 7 Comments »
money
kristina asked:


I just started cleaning houses for some extra money. I make about $100 a week. Do I need to pay taxes on this money? Do you know how much money I can make with out having to pay taxes?

How much money should a 14 year old have in their bank account?


Posted January 14th, 2009 by admin 7 Comments »
money
teen$money asked:


I am a 14 year old boy who loves money, and wants to succeed. I mow lawns, do garage sales, and a bunch of other stuff. I have nearly 2,000 dollars in my account. This is money that I have earned. After my birthday(6 months) I plan to have around 3500 dollars in it. This doesn’t include my other account with a bunch of savings bonds for college. Is this a lot, or not enough? Also if you have any tips about life in terms of money it would be greatly appreciated.