TRENDING NEWS

POPULAR NEWS

Government Concluding That My Family Owes Them Money When We Don

What countries owe the U.S. money?

Q: What countries owe the U.S. money?The Rest of the World owes around 15.3 Trillion US$ to the US.The US owes a total of around 18.4 Trillion US$ Dollars.Who owes what to whom varies. For example:The graphics on this 2011 BBC story (below) explain who owes what to whom, the figures are 4 years out of date, but you'll get the idea!Eurozone debt web: Who owes what to whom?(The USA, China & Japan are included in the graphics BTW).So, if countries did start calling in the IOUs, the whole system would come crashing down. (That's the worry that underlies the whole Eurozone experiment...).

If I were to join the military and die in combat, will my family be taken care of?

Your wife would get a $250 burial allowance from Social Security and a military insurance payout of a couple of thousand dollars. The military will handle the burial at no cost to her. She would receive a pension of about 1200 dollars a month depending upon your rank when you died. This would be paid until she re married. Your children would receive a monthly payout from SS of about 400 each until they are 18 or 24 if they go to college. The dollar figures might be off because I've been a military widow a long time and things change.

The military has little to do with Rep. or Dem. it just is how it is. There is a saying that there is the right way and then there is the military way.

I didn't have any problems being married to a military man. I got to shop at the commissary and got medical care and dental and went to movies on the base as well as bowling and a number of other things. We lived in base housing and it was fine. Its just a world unto itself. When my husband died his buddies were very kind to me and my kids and collected money to help me until the military started to pay but it wasn't very long. The only thing I didn't like was being apart from my husband for long periods of time. But we wrote alot and spoke over Military Radio once in awhile. There was lots of support from other wives so it helped but I think I would have rather had my husband. In your situation and given the recession I think you might be right about going into the service. Just pick a job to do that you won't be able to do on the battle front. My sons all went into the service as clerks. No clerks ever go to war. That ought to make your wife feel safer. Don't pick some kind of macho job just because you want to be manly. Because you need to come home not die for macho. Your wife will not forgive you if you die for nothing.

Can an urgent care turn you away if you still owe them money?

Just go to the ER and say me no speak english. You will receive the best care the citizens of the US can buy for free.

Philippines: Why does it seem that every Filipino is in debt?

I have worked with lot of Filipinos and i can say that they clearly have a very bad money management and attitude towards money. All my employees kept asking for advance salary all the time and it wasn't one of two but all of them. I also observed that they have habit of enjoying on others money. They are just too lazy and precisely for this reason i had stopped our operations in Philippines.Ask a Filipino girl for a date and her dream boy- first thing she would tell you is that she is looking for someone who can help her “financially”.No matter how much they earn they spend 2x their income and then they are not left with anything as most of their salary goes in paying debts.I will give you an example. I used to give one employee 40,000 pesos ($800/month). What she did after 2–3 months of salary? She bought a new SUV which would cost over $12–15,000. And then she kept asking me if i can pay her 2–3 months advanced salary. Its same with almost everyone I came across.Filipinos like to spend levishly and live life beyond their affordability and thats why they are always under debt and financial stress.I always used to tell them that you should atleast have 6 months of savings as an emergency fund so that they are not caught offguard. Only way out to to ensure you save atleast 10% of what you earn and don't touch that fund. Invest and reinvest. Keep some part of that emergency fund in such a way that you can withdraw immediately in emergency. Other part you should invest in something like Fixed Deposits, Mutual funds, SIPs etc.Don't live life on month to month basis. You should in any situation have an emergency fund which can last you and your family for atleast 6–12 months.

TRENDING NEWS