Big Financial Tips and Talk

Chelsea B asked:


We are filing a Chapter 7 bankruptcy, and it is due to be discharged by May. How long after that can we finance a car for a decent rate?

audioswiftt979 asked:


I want to finance a used car, and i’m trying to save as much money as possible.

maganda asked:


Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks.

Jeff asked:


I am currently stuck with what I want to do with my life. If i go into business, I will either major in Economics, Finance, or Accounting. Any suggestions based on salary, and job opportunities. Thanks.

Georgina asked:


I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house is worth at the time?
FYI - contract was signed with a builder. You can not qualify for an amount more than the appraised value, shouldn’t this be reason for them to take the price down? Also, since it is quickly becoming a buyers market, shouldn’t I be able to leverage that and negotiate with the builder? Any suggestions on how I can do that?

JoeB asked:


I’m looking to do some major rennovations on my house and figuring out the best way to finance it has been racking my brain. I just can’t figure out the pros & cons between refinancing, 2nd mortgages, home equity line of credits, etc.

A little background on the house, It is located in North NJ in a very high demand area. I bought the house over 6 years ago for $215k, it’s currently valued around $380k. Our current Mortgage is around $175k. I estimate my renovation to cost around $200k-$250k. We plan to be in this house for a long time. We’re looking to add a 2 car garage, extending the living room, redoing the kitchen and adding a master bedroom.

any advice on what direction I should head in and pifalls to look out for would be greatly appreciated.

Jim asked:


I live in Colorado and plan to purchase a home. Before I move in, I’d like to add two bedrooms and a bath. What’s the best way to finance this all at the same time?

Surely Funke asked:


I have no background in either finance, economics, or accounting, but I’d like to (1) get a better understanding of economic news, (2) know how to invest my money, and (3) understand the basic financial aspects of running a business.

What are some good books to read to quickly get a good grounding in these areas? Maybe some review books?

joe asked:


I’m only a freshmen in college right now and I’m double majoring in finance and accounting. I was wondering how I can better prepare myself for a career in that field. Should I read some books or try to get hands on experienced. I’m looking to be a CPA or an Investment/Financial Analyst so how do I prepare for that. Any information you guys can give will help. Thanks a lot in advance.

askquestion asked:


What is salary of an associate finance director who does administrative and accounting work in a New York State University located in NYC? He does not belong to a union. He is employed by the government.