How do I pay off  6K in 6mos...?
923341
I don't know what you have to pay off, but alot of places might be willing to work with you. My student loan lender is letting me make 150 a month payments. I still owe $8,000. its not alot a month, but its better than nothing. wish you luck.
814895
Singapore Post have a new personal loan - where you can loan up to 2 months salary. Bring your original latest 6 months payslips.
956388
If you compound the interest (add the interest earned back into the principle) once a year, you get 6%. If you stop every three months, add the interest into the principle and start again, you'll have more money at the end of the year by accruing interest on the interest earned-to-date. \n\nSay 6% per year, works out to 1.5% for one quarter. Instead of investing $100 for a year, you invested $100 for one quarter and made $1.50. Then next quarter, you invest $101.50, by the third quarter you have $104.57, and at the end of the year you have $106.14. Because you invested the interest earned too. In finance, money*time = more money, so it's better to get your earnings ASAP instead of at the end of the year (e.g. daily compounding).
3910
I think you're asking the wrong question.  But here goes...\n\nQuick math:  If the other job is 50 miles further away, and your car gets 25 miles to a gallon, it'll take you 4 gallons of gas per day to commute the difference in the distance between the two jobs.  At $2.25 per gallon, buying 4 gallons of gas, working 250 days per year, it will cost you $2250 more in gas alone, just to commute.  Assuming your $6K will be taxed at a "marginal" tax rate of about 40%, you really are only getting $3600 more (take home).\n\nSo the far away job is going to be worth about $1350 per year (which is $3600 minus the gas costs), which is nowhere near the cost of a car (payments, insurance, maintenance, etc).  (Not to mention the stress of that much driving!)\n\nNot sure if my assumptions are correct, but that should give you a mathematical way to look at it.  Basically, if my assumptions are correct, you should NOT take this job if you are looking for short-term financial gains.\n\nHOWEVER, like I said, you are asking the wrong question.\n\nIf the current job is truly "dead end", then it's time to look elsewhere.  You really need to be looking out for the next 5 years when it comes to a job.  And remember, this is NOT a decision between just these TWO jobs... there are a lot of jobs out there, and I'm sure that there are non-dead-end jobs that are closer to home.\n\nWhat you should do is to evaluate what an ideal job looks like that you are qualified for.  I think that  being close to home should be one criteria (especially if transportation is an issue).  But look for something that has a 5-year possibility of growth.  Not that you need to be CEO in 5 years, but can you grow, and increase pay, and learn and be positioned for an even better job?\n\nThen conduct an aggressive, thorough job search.  That could be the subject of another question.  But you want to be in a position where you are deciding between two or three GREAT jobs, and then you're doing it right!\n\nNo dead end jobs.  Ever.
371351
Go with the Dave Ramsey method, pay minimum payments on largest debt while paying more on smaller ones and get the smaller ones paid off first.  Then when you get one paid off, put that much more on the next one.  I am doing this and it works!  I have lived paycheck to paycheck and have now paid off over $2,000 in debt so far in 2006.  It works!
44320
Assuming you can pay it off in a lump sum, what would the cost be?  I.E.  Is that money just sitting, or is it invested and what is the return on that investment?\n\nIf you are talking about taking money from a savings account to pay it off, a savings account that is somewhat set asside for retire use, maybe the real question should be, is it time to move?\n\nIf it is, due to retirement, fixing up the house should be top priority, and investigating what you can get to replace it.\n\nIf you do decide to move, the mortgage will be paid off once you sell, and so paying it off is rather irrelevant if you have a quick sale.\n\nIf you are staying forever, really depends on your interest rate, and what you are getting in a return with your invested funds (assuming they are invested).  I know a friend had a rate of 2.75% FEMA loan and he thought he would be more secure paying it off.  He was getting 5.14 on his invested (SECURE) savings account.  Of course HE should not pay it off, because he was making more money by paying on the mortgage.  It all depends on your situation.  Let's assume your investment is a wash with your interest payments.  Having liquid capital is always better than having to go out and get a loan when money is needed.  First, the loan may take a lot of time, 2nd the loan may cost you fees, and 3rd, waiting for the loan could cost you the opportunity that you needed the money for.  The old saying, CASH is KING seems to come to mind here.\n\nOn the other hand, if you are paying 7.14%, while your invested funds are earning you only 2.14--you are losing money without a doubt.  And if you have a 2nd mortgage at even higher rates, need I repeat?\n\nMaybe, you are saying you are going to be able to draw on retirement funds (penalty/tax free) in the very near future.  If this is the case, and again the funds are not outproducing the interest costs, clearly, pay off the mortgage.\n\nHope this helps...
324464
concentrate on paying off your highest interst loan first, like a credit card that can be 18% or more.  then pay off the 2nd highest debt, etc.  you have to make more than just minimum payments to make any headway at all.
29787
With 1.5 million invested you should be able to get 6% without a sweat if you have half way decent financial advisor. \n\nThat's 90k in income.  If you have no mortgage I dont see why you can not retire with 90k - taxes.\n\nOf course it depends on what type of lifestyle you are accustomed to and if you are willing to lower your standards while in retirement?\n\nAlso keep in mind that when you reach 67 you'll also be getting money from Social Security so that will hopefully boost your income at that time but does not help now.\n\nI would not recommend touching the principal but rather living off the interest off the money so when you pass away you'll have something for your heirs or charity whatever the case may be.\n\nUltimately only you can decide what type of life to live after retirement.  If you can live with a before tax income of 100k or so you are good to go.  Also remember income from investing are not taxed for social security so you only have federal and state tax to worry about.  Move to a state that has no state income tax and you save 5k right off the bat.
724718
Amount after 1st 6 months \n= $ 2000 + 7%/2 of $2000\n= $2000(1 + 0.035)\n= $2000(1.035)\nAmount after 2nd six months \n= $2000(1.035) + 7%/2 of  $2000(1.035)\n= $2000(1.035)²\n= $2142.45
133927
Snowball technique:\n\n1. Look at all old debts. Rank them from easiest to hardest to pay off based on total owed, minimum payment due, and (tiebreaker) highest interest rates.\n\n2. While making minimum payments to all other debts, pay this one, PLUS as much extra as you can swing- AT LEAST an extra 10%, but the more the better!\n\n3. As soon as this one is paid off, apply all of the payments you WERE making on it to the next debt in line, WHILE still paying the amount on it you were. By this time, you should be paying about twice the minimum so this one will go faster.\n\n4. Repeat for each other debt- the monthly payment will be getting bigger and bigger, paying it off faster and faster.\n\n5. Throw whatever 'windfalls' you can at this also- tax returns, bonuses, etc.\n\nThey say the snowball will get you debt free in the quickest amount of time- even faster than consolidation loans, etc. One nice thing about it is that YOU are in control of it. If you HAVE to hold back some of the extra money once, no big deal.\n\nPS- this is the technique that a lot of 'get out of debt quick, send money for info' schemes tell you to do.
105300
OK - serious answer.\n\nYou can't expect to in six months. You *may* be able to, if you have some stroke of luck like winning a lottery or something.\n\nIt's not easy to have a million at all - most people never have that much money in their lives ever.\n\nYou have to have a plan, and measure your progress. Make a spreadsheet of all of your assets and liabilities, and calculate your bottom line. Keep doing this, and your net worth will grow. While this will not directly make your money grow, it will change your behaviour so that you are more likely to have a million.\n\nTaxes make it even more difficult to get to a million. You would have to earn in the vicinity of 2 million in order to end up with 1 million after taxes. There are not many jobs in the US, let alone the rest of the world, that pay that kind of money.\n\nYou will need to have a very good income, or run your own very successful business in order to legally earn that kind of money. Illegally, well just don't try that way.\n\nMy target was 10 years, which was set about 7 years ago. So far, so good.\n\nFor the best possible resource, read the book "The Millionaire Next Door" by Stanley and Danko.\n\nhttp://www.amazon.com/gp/product/0671015206/sr=1-1/qid=1139249405/ref=pd_bbs_1/102-1711157-7176907
888616
You don't mention what country you are in now.\n\nUnless this $10k is to one debtor, it's not likely they will pursue you for the money.  It does not follow you to your new credit report.  \n\nContact the collection agencies and explain all of this to them. (don't tell them where you are!).  Make your offer to them to begin paying in 6 months, but in return they MUST make sure this does not appear on your U.S. Credit reports.  \n\nIf they won't work with you, then don't pay them.  They are going to have a very difficult time suing you in a different country, let alone locating you!
533873
Try out A+ Financial their interest rates are really low and the payment are cheap. They even have free advisors come to your home to discuss it all with you. Depending on your debt ratio you might need a co-signer but it is a really good company... I went from paying 870/month on debt to 246/month for 5 years. Their rates are lower than 6%
1152638
here is a link for a calculator\nhttp://mortgages.interest.com/content/calculators/discount.asp\n\nit depends on how long you want to keep the property. \nlet's say for $500,000 loan @ 6.5% your interest payment is $2708.. if you want to "buy it down" to 6.00% and pay 1 point.. then, your interest payment @6% would be $2500... and it would cost you $5,000... it means it will take you 5000/(2708-2500)= 24 months to recoup the point.. so, paying this points will make sense if you will keep the loan for 24+ months
1100672
Pay off all debts first. Hold a savings acct to use for emergency needs, vehicle purchases, home repairs, vacations, etc.\n\nReplenish this as it is used.\n\nAfter that, Extra money could then be applied to these DRIP accounts\n\nPaying a credit card off that charges 19% interest is a guaranteed return of 19%. no stocks can do this on a guaranteed basis.\n\nsame with eliminating Auto-loan payments.
498567
Yearly take-home pay ~ $54.4K\nMonthly take-home ~ $4.5 K\nExpenses ~ $2 K <people never get this right so I double it>\nMonthly savings of $2.5 K.\n\nIf you can automatically have $ go from work directly into saving vehicles do so ... this will stop temptations.  You should pocket 40% for expenses & living <getting your date> ... and 60% savings.\n\n1.  Before you do anything else <except pay off all debt> ... Build up to $20K in Emergency Savings first <$2K * 12 = $24>.  I then tell myself I have no money when I deplete the account to $15 K. Then I change allocations, and make sure I always have this highly liquid stash. <T-Bills, CD's, Saving/Checking accounts ... safe & liquid>\n\n2.  Savings - After the safety account is established goals reached, then you need savings that are more risky but still liquid <make sure there are no penalties to get $$$>.  You can invest the money into bonds, mutual funds, or stocks ... what ever you are educated in and feel confident in.  This account is taxable so be mindful of that when you make investment decisions.  \n\n3.  Retirement - 401(k), SEP, ROTH, IRA ... See what you're company has for retirement.  If they match, then contribute what they match.  If no retirement is offered, then go to a broker and get their help.  You should be investing 10-20% of your savings here.\n\n4.  Housing - With only $1K in expenses I'm guessing you don't own a home.  I would look into buying a home <Loft, condo, town home> It's money well spent, and you can get great loans today <tomorrow the good loans will be gone>
952302
if you are paying back 357,50 per calendar month you are paying 47190 in all which is 14690 interest. This is 45.2% over 11 years or 4.1090 per annum. Your interest on the first month is 110, second month 109 etc etc (I am leaving off the pennies.)\n\nIf you pay 2500 EXTRA ie 2867.50 on the 12 th month of every year your payments will finish on month 68 witn a payment of 232.34, having paid 3882.136 interest.