My father passed away recently. How do I cope up with this loss?
First of all I am sorry for your loss and I'll pray that his soul rest in peace.This is something that I can relate to because I lost my mother to cancer when I was 10 years old. I am not too sure how old are you but assuming you are in your late teens or early twenties these are the things that you can do to cope up with your father's death.Accept the fact - It's hard to do and will take some time but this should be the first thing that you must do right now. You really cannot do anything to bring him back and no one can fill the hole that is there now in your life. But if you start accepting this fact that he is no more, it will give you much needed strength to cope with this.Remember him everyday when you wake up in the morning - Do this without any fail. Pray to the Almighty that wherever he is, he is at peace. Seek for his blessings though he already would be doing that for you.Cry out loud - DO NOT resist your emotions. You can cry whenever you feel like and wherever you feel like. You don't have to worry about the fact that people would judge you. Let them. Even at times if you would want to scream, do that. But then remember that you do that when your immediate family is not around. You might be the one in your family to give them moral support. But that doesn't meant that you resist your own emotions. Let them out.Follow in his footsteps - There would be many things that would have inspired you all your life when you saw your dad do it. Now follow in his footsteps and try to become like him or better than him. Keep him alive in your heart by doing this.Support your mother, your siblings - Your mother is broke way more than you are. Support her all the time. Your siblings are broke too, be their guide, mentor, everything that you can do to make them comfortable. Do not yell at them for sometime now even if they are doing something stupid.Take responsibility - Be more responsible now. You might have to do things now which your father used to do. Talk to people around you who knew your dad and learn from the stories they tell you about him.Meditate - This might sound out of the league but trust me, this will help you become stronger emotionally. This might take time but there is no harm with doing this.Stay strong. He is definitely looking at you and your family from the other world. God bless you.
How hard would it be for a 19 year old to get a mortgage loan?
I'm 17, will be 18 in June, but my fiance of 2 years is 19, will be 20 in the fall. Recently I found out I was pregnant. We're looking into renting, but I can't help but notice all the home auctions and short sales due to the economy. Using loan calculators, I figured out that if we could buy, we would be saving about 400 dollars a month. (900 a month for rent vs. 500 a month for mortgage). It would definitely be worth putting our money into an investment also. What is the chance that a 19 year old could get approved? The homes we're looking at are actually around 70k but we wouldn't go over 90,000. All the homes are either an auction due to being foreclosed on or a short sale. He has one credit card, with no where near the limit on it and makes the payments before he even gets the bill. He hasn't had the card for that long though.He's had a checking account since he was 16 and has overdrawn twice, but only by a few dollars. He has a pretty decent part time job, and is getting another full time to go along with it. I graduate in about 4 weeks, at which time I'll be getting a full time job, though I don't think I can be a co applicant due to my age.
My parents wont co-sign for an auto loan..?
I am a 20 year old female with a steady job that I have held for 2 1/2 years. I get paid 10$ an hour, and receive 30 hours a week. I have a 720 credit score. I am not in any debt at all, and have 2 credit cards with good history on them that I have built over the last year and a half. Today I applied with my credit union (I also bank with a regular bank, but chose the credit union for rates) for an auto loan. I did not get approved, and was told that it was because my parents will not co-sign on the loan. They will not explain to me why they wont, they just refuse. I drive about 500 miles a week to school in their car currently, and am pressed with the issue of needing a new car soon. One that is not your typical "first car" simply because of the amount of wear I would be putting on it. Any advice as to how to proceed?? With my parents and co-signing or buying a car in general?
How long will it take me to buy a car working part time on minimum wage?
I am a Senior in High School and I have about two months left until graduation. I've been working at McDonald's for about a week and I make $7.25 an hour and work, on average, around five hours a day, five days a week. I love my job and wish I could work more and I could because we are under staffed but I'm having to rely on my parents for transportation. I hate having to be driven around by my parents because they make a big deal over it and get annoyed for having to take me and sometimes I'm late because they take too long getting out the door. I want to buy a used car preferably around $5k to $6k. How long would this take me? Assuming I continue to work the same hours even after graduation. Also please include the cost of getting my license and Insurance. I am 18 but never got my permit or license even after driver's ed because I don't have enough money to afford a down payment which is required when getting my license.
How do people afford $150,000 for a down payment on a house in the San Francisco Bay area? Do parents and relatives chip in? Does an FHA help reduce the down payment required?
To get together the down payment for a $800K home, which is about the entry point in early 2016 for the San Jose Bay Area, you should change your thought process and it'll get much easier. Rather than try a brute force attempt to save up $160K, you should break the process up into manageable steps. (BTW, plenty of people work in two income households and earn over $300K a year, allowing them to save $50-100K per year. That's how they can afford $800K homes as first time home buyers. Of course, those tend to aim even higher and buy $1.5M homes.)When you live in an area that has such high home prices and high appreciation rates, saving for an ever increasing downpayment is tough. And, I strongly advocate avoiding an FHA loan. Rather, an easier way is to save up $40K and buy a small condo for $400K at 10% down. (A few years ago when prices were about half, I helped some buyers start with about $20K.) After a few years, you can trade up your increased equity to a $600K townhome along with another $20-30K in savings. Do it again in a few years to a $800-900K homes and you're there, having saved only $80-100K total in 5-6 years. You get to leverage all the tax free gains as a homeowner. It's quite a sweet deal.EDIT (2-24-16): Based on the comments about the anticipated appreciation rates, I want to re-iterate that I'm assuming Bay Area home prices will continue to appreciate given the current dynamics. If you don't agree with that assumption, then the logical choice is to continue saving until you've put together the downpayment. Of course, who knows how long the current appreciation will last before the next correction. Still, for those home owners who are able to hold on for at least 5 years, buying a home in the Bay Area (in particular the peninsula and south bay) has not been a losing proposition for the past 40 years.
Do we buy a condo or rent an apartment?
I am currently 28 weeks pregnant, and about to graduate high school in 2 months. I plan on going to college for my bachelor's in business. I currently live with my parents and my boyfriend in a nice part of Long Beach. My parent's sold our house, and are moving to Moreno Valley in about a week and a half. I have a horrible living situation as it is, living with an abusive father who's main goal is to make sure that I am more miserable than him. Also, living in Moreno Valley is too far from my school, obgyn, orthodontist, dentist, therapist, plus my boyfriend's job. My mom is giving me $20,000, and I wanted to use that money for a down payment on a condo, but my boyfriend doesn't make that much money; I don't know if he would be able to afford the mortgage, plus all of the other expenses. We were thinking of renting an apartment and the $20,000 will go towards rent for about 2 years, and then by then my boyfriend will either of finished trade school, or would have a better paying job that would pay enough to afford rent. Although, renting an apartment seems a little wasteful. I just don't know what to do, can I please have some help from someone who's more experienced than me? Thanks.
How many allowances should i claim?
Employee Withholding Exemption Forms: Hawaii Form HW-4 must be completed by each employee, to determine the appropriate level of state income tax to withhold from earnings. Of course, Federal Form W-4 also must be completed by each employee, to determine the appropriate level of federal income tax to withhold from earnings www.wbsonline.com/resources/hawaii-inc... When you do fail to have enough FIT amount withheld out of your GROSS wages earning out of each pay period to cover your FIT liability during the next FIT tax filing season and then at that time you could end up Owing and amount of FIT liability that you would have to send in at that time during the tax filing season for that purpose along with your 1040V and the 1040 income tax return. Go to the www.irs.gov website and use the search box for the W-4 Employee's Withholding Allowance Certificate Very simple and easy fill in the W-4 correctly and completely and just claim Single and -0- ZERO Allowances sign the completed W-4 form make a copy for your records and give the other signed copy to your employer for the 2013 Tax year federal income tax withholding amounts out of your gross wages earnings amount if ANY amount is required for your FIT for this purpose. And then if they should withhold any amount of $$ out for the FIT amount as an estimated advance payment of any possible income tax liability that you might have when you correctly complete your 1040 income tax return during the next income tax filing season and you receive your W-2 form from your employer around the middle of January for the past tax year and if you have a $$ amount in the Box 2 for FIT you will get a credit for that $$ amount on your 1040 income tax return and might qualify to get some are all of the withheld amount back as a REFUND amount when you correctly complete your 1040 income tax return print a copy for your records and sign the copy to send to the correct IRS address for processing. www.irs.gov/pub/irs-pdf/fw4.pdf Hope that you find the above enclosed information useful. 05/13/2013