Archive for the ‘Personal Finance’ Category.

What does it mean if a family household files for bankrupcy?

May 24, 2009, 4:19 pm
Family
news10boi asked:


I just found out a family I know filed for bankrucpy, their a family of 4 in a 2-story house making $42k a year… What does that mean if a normal person files for that? Whats going to happen?
Thanks, Just curious

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Category: Personal Finance  |  2 Comments

How do I go about securing my family assets as a small business?

May 10, 2009, 2:57 pm
Family
Paul asked:


Hi,
I am wanting to start a small business in the UK but worried about my family assets(like the house, car etc) if the business failed. How can I go about securing these?

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Category: Personal Finance  |  1 Comment

What is a family trust and why should I have one?

March 19, 2009, 5:53 am
Family
chill asked:


I have heard of my friends and neighbors having their homes in ‘trusts’ or family trusts. What are the advantages of having a trust and why should my family have one?

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Category: Personal Finance  |  2 Comments

When family finances are tight should teens be required to add a certain amount of income to the family budget?

October 9, 2008, 5:13 am
Family
Phamtastic asked:


[rest of the question] in order to provide housing, food, etc. for the family? Why or Why not?

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Category: Personal Finance  |  5 Comments

What does this fragile economy mean for my family and our 401K?

September 14, 2008, 6:54 pm
Family
Erin asked:


I am a mother of 3 young boys. At present I am staying at home. My husband works and has a small, less than $10,000, 401k. Are we safe? What should we do to prepare ourselves to sustain the economy now and if it should worsen. Our home is paid for, we have very little credit card debt, and we have to car loans under 15,000 total on our family vechicles.

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Category: Personal Finance  |  3 Comments