Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
Wait a second. This advice says that credit scores are mainly important when buying a home or car. But aren't employers also using them to screen job applicants? When the caller's whole goal is to get through until her husband lands a new job, I was surprised you didn't bring this up.
I have a dear friend who has been struggling with debt for years. I think she could use some profesional advise/guidance and would be willing to hire someone for her as a gift. Can you reccommend a personal fianance advisor in the northern metro?
Hello there Tess,
The BIG question...Is there going to be any help for the good honest homeowners who have been paying their mortgages on time, and are now expected to "bite the bullet" so to speak and help out the rest of these "other" speculators who went out buting up second and third homes just to make a profit? I'd heard rumors of the government thinking of cutting the intrest ratesacross the board to maybe 4% for everyone..wouldn't this make more sense and please everyone??
My wife and I have are putting a lump sum of $1000 per year in Michigan's 529 plan for each of our five grandchildren. With the current state of the market, would it be better to delay our contribution and keep the money in a 2% savings account until the market starts to rise? (Our grandchildren range in age from 4 to 17.)
I heard that all people getting social security will get a check for $250 from the government. First, is it true? Second, when and how will this happen?
Thank you