Finance Tips, Information, and Inside Scoops

maganda asked:


Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks.

Troy asked:


I have decent experience (3-4 years) in the finance field. How long will it take me to make that kind of money? How often do
finance people make that kind of money?

nealmobley asked:


I have about 10,000 dollars in debt and most of that has already been sent to collections or been charged off. Can I still sign up with a debt consolidation to help improve my credit even though the debts have already been sold to collection agencies and charged off? Thanks

X-Malleus asked:


Pretty much exactly what the main question says. I have no idea what a “finance charge” is. For instance, would I be charged a finance charge if I charged a purchase, and then paid the balance immediately?

Any additional information that could be given would be great, as I’m considering getting my first credit card, and want to know everything I can so that I don’t get myself into trouble.

Adsf A asked:


I am considering finance, but all i have done in school is do problems. A lot of it is very difficult. Do finance majors use everything they learned in their jobs? What exactly do they do? How would a finance degree help me after law school?

Ali R asked:


I want to work in investment banking/ finance after college, and was wondering if Computer Science would be a good quantitative major for an undergraduate degree.

Ultimately, I want to get an MBA right after or at least a Masters of Finance degree before I start working.

Nicole D asked:


Will any debt consolidation company include secured debts like cars and educational loans into the program?
Is it uncommon, does anyone know of one?

jane asked:


I co-founded a start-up. Business plan is in the work. I still need to work on the financial section. I know I should have a CFO work on it. But I don’t have $$ to pay/hire a CFO. So I get to wear the finance hat too among other roles. Do you know of free finance spreadsheet templates I could download to use? Need to finish biz plan to show potential investors. Can’t show current biz plan as is without figures. Biz plan doesn’t mean anything to investors without 3 year financial planning such as revenue projection, dev’t cost projection, marketing budget projection, potential # of people for hire, other related finance figures of interest to potential investor. Tks for your help in advance!

Slash asked:


How is the New Zealand economy currently doing and how is the job market in the area of finance?

I am from US and I will be doing a PhD in Economics in Wellington. I also want to do some consulting work in accounting and finance while working on my research.

Thanks.
For Accounting, do you necessarily have to have NZ accounting certification, or a CPA from US will do?

Melanie B. asked:


I have about $6,500 worth of debt, my income after taxes is about 21,000 a year. Most of my creditors have closed my accounts (all of my credit is maxed out). I recently got my FICO score and it is 529 (very, very poor). I have called some companies that specalize in debt consolidation and I have been told that I do not have “enough debt”. I talked to a professional about bankruptcy and was advised against filing because I do not have “enough debt”. I am a renter, and do not have any assets that could be held for collateral. With my credit score being the way it is, and closed accounts on my credit record… what are my options?