Finance Questions

Archive for June, 2008

Question: Looking for frozen food plans companies?

They finance your grocery bill for the year and you pay monthly, and they will add in a freezer if you do not have one and it is stocked full of frozen food, from meats to frenchfries and frozen jucies, fish , chicken and other things you use around the house as well as detergent. The only thing you need to by is your bread, eggs, milk, and paper products.

Answer: Excellent question!

Teens and Personal Finance: Part 3 Start Your Nest Egg Now

Question: what affects do factors such as finance,town planning,transport provisions and housing have on the quality of?

what affects do factors such as finance,town planning,transport provisions and housing have on the quality of lives of older people

Answer: This sounds like a school question.

My answer is that if the town planners take older people into account and want to plan a town that would help older people then it can make their quality of life much better and attract those people into your area. It would probably help the long term economy.

Washington State Housing Finance Commission | WAHomeowners.com

Question: Explain why you agree or disagree with the following statement?

“Public schools should be required to offer socially oriented courses, such as sex education and Personal Finance, because such courses help students cope with problems in society.”

Answer: I believe what classes a school offers is up to the community’s discretion. I believe, in highschool, religion classes, which are socially oriented, should be offered. I’m not religious, perse, but it’d be enriching to take that course. If a student does not want to take these classes, or a parent does not want his or her child in the course, it is their choice.

Introduction to Personal Finance at Purdue (CSR 342)

Question: Can anyone tell me if “Lloyds Bank” Finance Loan Department is a legitimate bank for loan in the US?

I have just recieved an email from them offering me a loan from 0-$500,000. And I am wondering if it is for real before I send any personal info. Contact Person: James Douglas, and From The Desk of Managing Director
Lloyds Bank Finance Loan Department
Address: C/ San Pedro 56,
28032 Madrid Spain
Email: lloy_ds-tsb-bank@consultant.com
Lloyds TSB Bank Finance Dept
Tel: 0034-659-018-385 :Ext 9
E-mail:lloy_ds-tsb-bank@financier.com
Contact Person: James Douglas
I have no idea how to research this. Thanks for any ideas

Answer: It’s a scam — “consultant.com” and “financier.com” are both free email addresses (just like yahoo.com). Any mail from Lloyds Bank would be coming from lloydstsb.com.

These are scammers — if you did apply for a loan, you’d “qualify”, but you’d need to send a few hundred dollars as collatoral (or paper processing fee, or some other excuse), and it would be stolen.

Best to block and ignore their emails.

The 2008 Economic Crisis: Part 1

Question: What’s your least favorite Personal Finance task?

What is your least favorite Personal Finance task? Is it creating and maintaining a budget, paying bills, analyzing your monthly spending, managing your health care expenses, keeping your financial documents organized, balancing your checkbook, or something else?

Which (if any) of these tasks would you consider outsourcing to a financial professional if you had the opportunity?

Answer: I generally love Personal Finance tasks, so this is like “what is your least favorite ice cream?” Here are my least favorites:

1. Budgeting – I don’t do it, my savings are automatically deducted and I spend the rest (I usually do have a lot left over, though).

2. Portfolio choices – Seeing those negative signs on your investments is tough.

I wouldn’t outsource anything to a financial planner; I know more about finances than most, though.

How to Budget Personal Finances : The Envelope System for Managing a Budget