Yes, actually I loaned money to someone to bail them out of jail. However, I followed Suze Orman's advice and considered it a gift, not a loan. That way I wouldn't hold a grudge if it was never paid back. Believe it or not, he paid me back in small amounts over the next year!
I think what's happening more at this juncture is companies are laying off employees and then asking the remaining ones to take on more work. I have repeatedly seen employees now doing the work of three people and receiving no promotions or compensation for the added work load. You're expected to just be grateful you didn't get laid off, that's your "compensation"!
150 transactions is $75 on average. So yes, if you only invest for 1 month and then quit then you'd need 75 transactions and around 1.3% gain on that month (which actually would be decent gain for a single month). If you invest for 2, 3, 6 months or anything more your numbers really don't work. If you invest anything outside of roundups then your numbers again don't work. The fees are quite low once you have $5,000 in your account. 1/4% is comparable to wealthfront/betterment/stash etc... That being said if you just open an account and only use roundups the fees will eat all the gains in average market situations for the first 6 months or so. If you start with $100 or you invest $5-10/week then that time-frame will be a lot shorter. But if you're planning on taking your money out after a month you really shouldn't be investing it anyway.
Where in this article is religion mentioned? Why are you turning this into an argument against any religion? If God, Buddah or Santa Claus brings one peace, so be it. What ever works. People who are constantly berating people's beliefs are what is stealing the peace from this world.
I use CL and have several things listed right now. In the last week I've received text messages at least 5 times inquiring about the "vehicle" that I have for sale. I don't have a car listed on CL.
I'm pretty sure this is a scam.
Even though it is less than 1%, the interest on nearly all bank or deposit accounts is compounded - meaning that your fractional amount is actually added together with additional fractional amounts to achieve a total. The total in a majority of instances will be pennies, if that, unless you are Warren Buffet.
Two answers for me. One, a mutual fund offered by The Janus firm, in the early 2000 era. I somehow 'lost' 50%-that's right-50% of my capital in about 16 months. Who knows why, after Alan Greenspan, that saint of monetary gain, gave his little 'Ides of March' speech in March, 2000, the fund just kept going down. Two, a very nice lawyer received one-third of my settlement as compensation, which I ended up paying the taxes for. I had to pay the taxes for the entire settlement-and received 2/3 of the amount. So nice for both of them-not nice for me.
I haven't loaned money to family members, but would do so in certain situations. However, I wouldn't think of it as a 'loan,' but as more of a 'gift' to prevent hurt feelings and tense relationships in the future!
To be so incensed about this perceived wrong is just ludicrous. All it took is Netspend knowing your name and address. To actually activate, you have to go online and provide more information. Get a life writer... if there ever was a first world problem, this would be it!
I love wisebread in general, but the drama over such a small thing is completely ridiculous.
And as for Netspend in general, they do charge some ridiculous fees, but it is easy to avoid most of them. The one or two you can't avoid (primarily the monthly fee), is/are completely reasonable given they provide a valuable service to those who can't get bank accounts or who regularly overdraft their account, or want to be able to create temporary virtual cards for secure online shopping, or who want an amazing savings account rate.
Please, focus on the important things, not this type of unnecessary drama... much ado about almost nothing.
Nice and helpful article, I agree with the first point you're stated there, is it lost or misplaced? I think mine 'might' had lost in front of my house...I should had double check when I got in car...sad...really sad...really sad right now...anyway thank you for pulling out this article.
I think more than anything, the psychology shift of achieving 800+ is the big takeaway.
It says a lot about yourself as a character. Its a trust-builder.
A lot of 800ers agree that 800+ doesn't mean jack-squat compared to high 700s, but if you can trick yourself into believing that 800+ means so much, you can have to confidence to negotiate terms and approach business situations with a position of strength to back you up.
After all, 800+ does reflect a certain type of character of achievement.
It's a painstaking high score that doesn't produce any great reward. it can only come from a development of great habits.
Congrats to everyone that have broken through the 800 barrier!
I have not done it but I would do it in a heartbeat! I trust my family members would pay me back. Helping them out is more important than when I get my money back. I know they would do the same for me.
This lawn tip sounds EXACTLY like the homemade recipes that JERRY BAKER has! Not sure if he is even still around, but he had books on homemade remedies for all kinds of things- flowers, insects, lawns etc.
Yes I have. My son who lives in Germany needs help from time to time. I'm at fault, I tell him not to pay me back. I did loan money to a friend and he paid me back on time.
1 tablespoon of baking soda in 1 cup of water and use it as eyewash. It is one of the best home remedies for pink eye in adults as it also gives a soothing effect to eyes.
I never get a refund - always owe.
I have never loaned money to a family member before
Yes, actually I loaned money to someone to bail them out of jail. However, I followed Suze Orman's advice and considered it a gift, not a loan. That way I wouldn't hold a grudge if it was never paid back. Believe it or not, he paid me back in small amounts over the next year!
No I haven't
I think what's happening more at this juncture is companies are laying off employees and then asking the remaining ones to take on more work. I have repeatedly seen employees now doing the work of three people and receiving no promotions or compensation for the added work load. You're expected to just be grateful you didn't get laid off, that's your "compensation"!
Yes, but I make them put it in writing like I would do for anyone else.
150 transactions is $75 on average. So yes, if you only invest for 1 month and then quit then you'd need 75 transactions and around 1.3% gain on that month (which actually would be decent gain for a single month). If you invest for 2, 3, 6 months or anything more your numbers really don't work. If you invest anything outside of roundups then your numbers again don't work. The fees are quite low once you have $5,000 in your account. 1/4% is comparable to wealthfront/betterment/stash etc... That being said if you just open an account and only use roundups the fees will eat all the gains in average market situations for the first 6 months or so. If you start with $100 or you invest $5-10/week then that time-frame will be a lot shorter. But if you're planning on taking your money out after a month you really shouldn't be investing it anyway.
Where in this article is religion mentioned? Why are you turning this into an argument against any religion? If God, Buddah or Santa Claus brings one peace, so be it. What ever works. People who are constantly berating people's beliefs are what is stealing the peace from this world.
I use CL and have several things listed right now. In the last week I've received text messages at least 5 times inquiring about the "vehicle" that I have for sale. I don't have a car listed on CL.
I'm pretty sure this is a scam.
Yes to my children but I didn't consider it a loan because I didn't expect them to pay me back.
Even though it is less than 1%, the interest on nearly all bank or deposit accounts is compounded - meaning that your fractional amount is actually added together with additional fractional amounts to achieve a total. The total in a majority of instances will be pennies, if that, unless you are Warren Buffet.
Two answers for me. One, a mutual fund offered by The Janus firm, in the early 2000 era. I somehow 'lost' 50%-that's right-50% of my capital in about 16 months. Who knows why, after Alan Greenspan, that saint of monetary gain, gave his little 'Ides of March' speech in March, 2000, the fund just kept going down. Two, a very nice lawyer received one-third of my settlement as compensation, which I ended up paying the taxes for. I had to pay the taxes for the entire settlement-and received 2/3 of the amount. So nice for both of them-not nice for me.
No. I believe that a loan to family should be considered a gift.
I haven't loaned money to family members, but would do so in certain situations. However, I wouldn't think of it as a 'loan,' but as more of a 'gift' to prevent hurt feelings and tense relationships in the future!
Very helpful! Thank you!
To be so incensed about this perceived wrong is just ludicrous. All it took is Netspend knowing your name and address. To actually activate, you have to go online and provide more information. Get a life writer... if there ever was a first world problem, this would be it!
I love wisebread in general, but the drama over such a small thing is completely ridiculous.
And as for Netspend in general, they do charge some ridiculous fees, but it is easy to avoid most of them. The one or two you can't avoid (primarily the monthly fee), is/are completely reasonable given they provide a valuable service to those who can't get bank accounts or who regularly overdraft their account, or want to be able to create temporary virtual cards for secure online shopping, or who want an amazing savings account rate.
Please, focus on the important things, not this type of unnecessary drama... much ado about almost nothing.
Nice and helpful article, I agree with the first point you're stated there, is it lost or misplaced? I think mine 'might' had lost in front of my house...I should had double check when I got in car...sad...really sad...really sad right now...anyway thank you for pulling out this article.
I believe that's exactly what the article states. Its totally fair. Proceed with your plan.
I think more than anything, the psychology shift of achieving 800+ is the big takeaway.
It says a lot about yourself as a character. Its a trust-builder.
A lot of 800ers agree that 800+ doesn't mean jack-squat compared to high 700s, but if you can trick yourself into believing that 800+ means so much, you can have to confidence to negotiate terms and approach business situations with a position of strength to back you up.
After all, 800+ does reflect a certain type of character of achievement.
It's a painstaking high score that doesn't produce any great reward. it can only come from a development of great habits.
Congrats to everyone that have broken through the 800 barrier!
Here in Michigan you return them for 10 cents. It is called a bottle deposit and forces you not to waiste valuable recycleables.
I have not done it but I would do it in a heartbeat! I trust my family members would pay me back. Helping them out is more important than when I get my money back. I know they would do the same for me.
I have 4 triangle palms 20-25 feet. the link does not work. any thoughts?
This lawn tip sounds EXACTLY like the homemade recipes that JERRY BAKER has! Not sure if he is even still around, but he had books on homemade remedies for all kinds of things- flowers, insects, lawns etc.
Yes I have. My son who lives in Germany needs help from time to time. I'm at fault, I tell him not to pay me back. I did loan money to a friend and he paid me back on time.
1 tablespoon of baking soda in 1 cup of water and use it as eyewash. It is one of the best home remedies for pink eye in adults as it also gives a soothing effect to eyes.