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Money Management
The allocation of savings between different investment options with varying levels of risk.
32,077 Questions
Would you be interested in swapping houses with someone for a short period of time?
Would you consider temporarily exchanging homes with someone?
Would you be willing to co-sign a loan for a family member?
Co-signing a loan for a family member means you are agreeing to be responsible for the debt if they cannot pay. It is a big financial risk, so consider carefully before agreeing.
Would you be willing to swap houses with someone?
Yes, I would consider swapping houses with someone if the arrangement was mutually beneficial and met my needs.
Will the IRS be aware if I purchase a car with cash?
Yes, the IRS may become aware of your cash purchase of a car through various means, such as reporting requirements by the seller or if the transaction raises suspicion of tax evasion.
Will the IRS hold my refund if I owe taxes?
Yes, the IRS may hold your refund if you owe taxes or have other outstanding debts such as unpaid child support or federal student loans. They can use your refund to offset these debts.
Will the bank inquire about the source of your funds?
Yes, the bank may inquire about the source of your funds to ensure compliance with regulations and prevent money laundering.
Will there be a child tax credit available in 2022?
Yes, as of now, the child tax credit is expected to be available in 2022.
Will trading in my car have an impact on my credit score?
Yes, trading in your car can have an impact on your credit score. When you trade in your car, the dealership will typically pay off the remaining balance on your loan. This can affect your credit score in a few ways: if the dealership pays off the loan in full and on time, it can have a positive impact on your credit score. However, if there are any issues with the loan payoff or if you end up with a new loan for the new car, it could potentially have a negative impact on your credit score.
Will trading in my car negatively impact my credit score?
Trading in your car should not negatively impact your credit score, as long as you continue to make your loan payments on time and the new loan for the traded-in car is approved. However, if you have missed payments or the new loan is not approved, it could potentially have a negative impact on your credit score.
Will your budget remain consistent or fluctuate over time?
Will your budget stay the same or change over time?
Would a HELOC cosigner be required for me to qualify for a home equity line of credit?
A cosigner may be required for you to qualify for a Home Equity Line of Credit (HELOC), but it depends on your individual financial situation and the lender's requirements. Having a cosigner can help strengthen your application and increase your chances of approval.
Will paying off my car loan early positively impact my credit score?
Paying off your car loan early can have a positive impact on your credit score by reducing your overall debt and showing responsible financial behavior. However, the impact may vary depending on your individual credit history and other factors.
Will paying off my car loan help improve my credit score?
Yes, paying off your car loan can potentially improve your credit score because it shows that you are responsible with managing debt and making on-time payments. This can positively impact your credit history and demonstrate to lenders that you are a reliable borrower.
Will paying off my car loan improve my credit score?
Yes, paying off your car loan can improve your credit score because it shows that you are responsible with managing debt and making on-time payments. This can positively impact your credit history and demonstrate to lenders that you are a reliable borrower.
Will paying off my car loan increase my credit score?
Yes, paying off your car loan can potentially increase your credit score. This is because it shows that you have successfully managed and paid off a significant debt, which can positively impact your credit history and demonstrate responsible financial behavior to lenders.
Will paying off my car loan negatively impact my credit score?
Paying off your car loan can potentially have a temporary negative impact on your credit score because it may reduce the variety of credit accounts you have. However, in the long run, it can have a positive impact by showing that you can manage and pay off debt responsibly.
Will paying off my car loan raise my credit score?
Paying off your car loan can potentially raise your credit score because it shows that you are responsible with managing debt. This can positively impact your credit history and demonstrate to lenders that you are a reliable borrower.
Will paying principal lower my monthly payments?
Paying off the principal on a loan will not lower your monthly payments. However, it will reduce the total amount you owe and the overall interest you will pay over the life of the loan.
Will the ATM accept fake money?
No, ATMs are designed to detect counterfeit money and will not accept fake currency.
Will the ATM reject counterfeit money?
Yes, ATMs are equipped with counterfeit detection technology to reject counterfeit money.
Will mortgage rates go below 2 in the near future?
It is difficult to predict with certainty, but it is unlikely that mortgage rates will go below 2 in the near future.
Will my 401k contributions automatically stop at the limit with Vanguard?
Yes, Vanguard will automatically stop your 401k contributions once you reach the annual limit set by the IRS.
Will my Navient student loan be forgiven?
As of now, there is no general forgiveness program for Navient student loans. However, there are specific forgiveness programs available for certain professions or circumstances. It's important to stay informed about any changes in legislation that may affect student loan forgiveness.
Will my girlfriend receive a stimulus check if I claim her as a dependent?
No, if you claim your girlfriend as a dependent on your taxes, she will not be eligible to receive a stimulus check.
