by John | Feb 20, 2018 | Debt, Financial Education & Coaching, Personal Finance, Q and A |
Q. Will a debt collector be able to take my savings account? I also recently found out that I am responsible for a foreclosure that occurred in a past relationship. I owe $44,000. Will this company be able to take that amount from me or access any of my savings?...
by John | Feb 15, 2018 | Debt, Financial Education & Coaching, Personal Finance, Q and A |
Q. Should I buy a house now, or wait until I have 10% saved for the home down payment? My wife and I are looking to buy our first home. We are trying to decide if it’s better to build up a larger down payment, or buy now. We have stable income, we save 17% for...
by John | Feb 13, 2018 | Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. When is the best time to start investing? I’m currently in high school and learning about personal finance. I plan on getting a part-time job soon to save up money for future investments. I want to start investing; should I make the decision of when to start...
by John | Feb 8, 2018 | Debt, Financial Education & Coaching, Personal Finance, Q and A |
Q. Should I use my savings to pay off my student loans, or should I make monthly payments? I am 23 years old and have $10,300 in student loan debt. I pay $400 per pay check ($10,400 annually) towards my student loans. Currently, I live with my parents and don’t...
by John | Feb 6, 2018 | Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. What are the tax implications for a traditional IRA when your AGI is above the threshold that allows any deductions on contributions? If you file as a married couple and have an adjusted gross income of over $200k, and you want to contribute to a traditional IRA,...
