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Personal Finance

Financial planning for individuals and families including budgeting, credit management and investing

500 Questions

A Person should never make an important decision alone?

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While seeking input and advice from others can be valuable, it's also crucial for individuals to take responsibility for making their own decisions. Ultimately, the decision-maker should weigh different perspectives but feel empowered to make their own choices based on their values and goals. It's important for a person to trust their instincts and judgment when making impactful decisions.

What is the student loan consolidation law?

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The student loan consolidation law allows borrowers to combine multiple federal student loans into a single loan with one monthly payment. This can simplify repayment and potentially lower monthly payments by extending the repayment period. It's important to note that private student loans are not eligible for federal consolidation under this law.

Is lawsuit funding available in North Carolina?

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Yes, lawsuit funding is available in North Carolina. Third-party funding companies offer financial assistance to plaintiffs involved in ongoing legal cases by providing them with a cash advance against their expected settlement. It can help cover living expenses and legal costs while awaiting the resolution of the lawsuit.

What is the rank of Manny Pacquiao among the richest persons the world?

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Manny Pacquiao is not ranked among the richest persons in the world. He is a well-known professional boxer and politician but his wealth is not in the same league as the top richest individuals in the world.

Can a civil offense be a crime?

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No, a civil offense is not considered a crime. Civil offenses typically involve disputes between individuals or organizations, and the consequences are typically resolved through legal actions where monetary damages or other remedies may be awarded. The distinction between civil and criminal offenses lies in the nature of the legal proceedings and the potential penalties involved.

How many ''billionaires'' are there in the world?

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The world has 155 new billionaires, making the worldwide total to 2,325 as of September 2014. That's a 7% jump from 2013, according to the 2014 "Billionaire Census" from Wealth-X and UBS. So who is your standard billionaire? According to the report, the typical billionaire has about $3.1 billion, is 63 years old, and did not reach the $1 billion threshold until their late 40s. Almost 90% of them are married, and on average, have two kids a piece.

They like to hang with other billionaires: They have relationships with nine ultra-high net worth individuals, three of whom are billionaires.

They're mostly male: Just 286 of them are women.

They're self-made: About 60% of male billionaires fully made their fortunes themselves, and another 27% have at least partly made their money themselves. Though it's a different story for the women -- just 17% are self-made. More than 65% of women billionaires inherited their wealth.

They own a lot of stuff: The typical billionaire owns four properties, each worth an average of $23.5 million. About 35% of billionaires have their own private philanthropic foundations, and one in thirty billionaires owns a sports team or a race horse.

Education isn't required: Not all billionaires have a wall full of degrees. In fact, the report states that 35% of global billionaires do not have bachelor's degrees. For those who did go to college, University of Pennsylvania tops the list of schools with most billionaire undergraduate alumni. Unsurprisingly, Harvard, Yale and University of Southern California follow, but University of Mumbai and Moscow State University aren't far behind. However, 16 of the top 20 are in the United States.

And where do they live?: Nearly 35% of the world's billionaires are concentrated in 20 cities, only two of which are in the United States. Despite that, the U.S. has the highest number of billionaires, accounting for close to 25% of the world's total billionaire population. This year alone, there were 57 new American billionaires.

What is a cheapest place to live in Puerto Rico?

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Some of the cheapest places to live in Puerto Rico are towns like Yauco, Arecibo, and Mayagüez. However, the cost of living can vary depending on factors like housing location and lifestyle choices. It's recommended to research and compare prices in different areas before making a decision.

When is it legal to reproduce the US Dollar?

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It is illegal to reproduce the US Dollar without proper authorization from the US Department of the Treasury. Unauthorized reproduction, such as photocopying or scanning currency, is considered counterfeiting and is a federal crime punishable by fines and imprisonment.

What is the average cost to support an unemployed adult one month regarding water electricity gas food etc?

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The cost to support an unemployed adult for one month can vary widely depending on location, lifestyle, and family size. On average in the United States, this could range from $1,000 to $2,500 per month for basic necessities like water, electricity, gas, and food. Costs can be higher in urban areas and lower in rural areas.

What is the legal age to get a loan in Missouri?

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Banks generally wish the client to be 18, though with a co-signer they might.

Credit card companies often give credit cards - with or without a co-signer - to anyone of any age, and at times house pets. They technically require a given age, but somehow reports of accidents keep being reported with regularity.

Pawn shops are generally more strict than banks or card companies. But while it varies by state, many will allow 16 to 18 year olds to pawn property.

Family and friends have no laws on who they can loan to.

As always, consult with an attorney in your local area for an answer more specific to your situation.

Who is the richest person in the wolrd?

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As of 2021, the richest person in the world is Elon Musk, the CEO of Tesla and SpaceX. His net worth fluctuates due to the value of his companies' stock.

How much money does the average person give to charity?

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On average, individuals give around 2-3% of their income to charity. However, donation amounts can vary significantly based on factors such as income level, age, and personal beliefs.

Who started the post office?

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The United States Postal Service, as it exists today, was established by the Second Continental Congress in 1775. Benjamin Franklin was appointed the first postmaster general.

Homes in levittowns were popular because?

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Homes in Levittowns were popular because they were affordable, mass-produced, and offered modern amenities like indoor plumbing and built-in appliances. They also provided a sense of community and promoted suburban living after World War II.

What is the average cost of a student loan per month?

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The average cost of a student loan per month can vary greatly depending on the amount borrowed, interest rate, and repayment term. On average, monthly student loan payments can range from $200 to $300 for federal loans, while private loans may have higher monthly payments. It's important to check with your loan servicer for specific details about your loan payments.

What country has the second most billionaires?

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China has the second most billionaires in the world after the United States.

When you ask for directions to a post office you are asking about?

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When you ask for directions to a post office, you are asking about location.

What is the largest bill of legal tender that is in circulation in Germany?

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The largest bill of legal tender in Germany is the €500 note, which is part of the euro currency. However, the European Central Bank announced in 2016 that it would stop producing the €500 note due to concerns about its use in illegal activities such as money laundering.

What is the percent that people spend money on things they dont need?

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There is no specific percentage as it varies among individuals. However, studies suggest that people may spend around 20-30% of their income on non-essential items or impulse purchases. It's important for individuals to budget and prioritize spending on essentials to avoid overspending on unnecessary items.

What are the top ten richest cities in Minnesota?

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Some of the wealthiest cities in Minnesota based on median household income are Orono, North Oaks, Dellwood, Deephaven, Falcon Heights, Minnetrista, Shorewood, Medina, Wayzata, and Greenwood. These cities typically have higher incomes due to factors such as higher property values and more affluent residents.

State the law of charges?

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The law of charges states that like charges repel each other, while opposite charges attract each other. This fundamental principle governs the behavior of electrically charged particles.

Who said Law is the correct judgment of the state?

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Plato, a classical Greek philosopher, is often attributed with the quote "Law is the correct judgment of the state." This concept reflects his belief in the importance of laws in maintaining a just and orderly society.

What did Carlos slim do?

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Carlos Slim is a Mexican business magnate known for being one of the wealthiest individuals in the world. He made his fortune primarily through his holdings in telecommunications companies, particularly America Movil. He has also diversified his investments into a wide range of industries such as retail, mining, and real estate.

Who is the top ten richest men in UK 2008?

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Here's the top 10 according to the Sunday Times Rich List 2008:

http://business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_search/

1 Lakshmi Mittal and family - £27,700m - Steel

2 Roman Abramovich - £11,700m - Oil, Industry

3 The Duke of Westminster - £7,000m - Property

4 Sri and Gopi Hinduja - £6,200m - Industry, Finance

5 Alisher Usmanov - £5,726m - Steel, Mining

6 Ernesto and Kirsty Bertarelli - £5,650m - Pharmaceuticals

7 Hans Rausing and family - £5,400m - Packaging

8 John Fredriksen - £4,650m - Shipping

9 Sir Philip and Lady Green - £4,330m - Retailing

10 David and Simon Reuben - £4,300m - Property

Medical bill laws in Indiana?

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Indiana does not have specific laws regulating the amount of medical bills. Hospitals and healthcare providers are generally allowed to charge rates that they determine to be reasonable and customary. Patients are expected to negotiate any billing disputes with their healthcare facility directly.