Comments on: Ask Mary http://maryandmoney.com/featured/ask-mary/ We Owe What on Mon and Thurs 7pm LiveWellTV Thu, 29 Mar 2012 17:29:09 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Mary Caraccioli http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1687 Mary Caraccioli Thu, 29 Mar 2012 17:29:09 +0000 http://maryandmoney.com/?p=127#comment-1687 Thank you for the note! We have two upcoming episodes that are either singles or couples with no kids. If you would like me to work with you please let us know. See below to learn how to apply. - All the best, Mary http://livewellnetwork.com/We-Owe-What/feature/Apply-to-be-on-We-Owe-What/8505156 Thank you for the note! We have two upcoming episodes that are either singles or couples with no kids. If you would like me to work with you please let us know. See below to learn how to apply. – All the best, Mary
http://livewellnetwork.com/We-Owe-What/feature/Apply-to-be-on-We-Owe-What/8505156

]]> By: L. chandler http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1681 L. chandler Sat, 24 Mar 2012 00:57:49 +0000 http://maryandmoney.com/?p=127#comment-1681 Mary, I watch your show We Owe What and it seems married couples are featured all the time. Do you have singles featured on your show. How does one apply for a chance for your assistance? On the web site I only see this section for comments but find no other information on how to get on the show. Would you point me in the right directions? Mary, I watch your show We Owe What and it seems married couples are featured all the time. Do you have singles featured on your show. How does one apply for a chance for your assistance? On the web site I only see this section for comments but find no other information on how to get on the show. Would you point me in the right directions?

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1663 Mary Sat, 03 Mar 2012 12:39:55 +0000 http://maryandmoney.com/?p=127#comment-1663 Tony check out the reply dated 3/3 Tony check out the reply dated 3/3

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1662 Mary Sat, 03 Mar 2012 12:39:22 +0000 http://maryandmoney.com/?p=127#comment-1662 Tony, You are right to reach out for help. If you are looking to negotiate with the credit card companies or to consolidate I suggest you get professional assistance. I have seen the non-profit credit counselors do some excellent work. You can find one by going to their website nfcc.org here is a link to finding one near you. http://www.nfcc.org/firststep/firststep_01.cfm Stay away from the for-profit agencies. I would waste no time in setting up an appointment. Tony, You are right to reach out for help. If you are looking to negotiate with the credit card companies or to consolidate I suggest you get professional assistance. I have seen the non-profit credit counselors do some excellent work. You can find one by going to their website nfcc.org
here is a link to finding one near you. http://www.nfcc.org/firststep/firststep_01.cfm
Stay away from the for-profit agencies. I would waste no time in setting up an appointment.

]]> By: tony p http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1660 tony p Wed, 29 Feb 2012 14:53:57 +0000 http://maryandmoney.com/?p=127#comment-1660 i have submitted a question #37 it says waiting for moderation what does this mean? i have submitted a question #37 it says waiting for moderation what does this mean?

]]> By: tony p http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1659 tony p Tue, 28 Feb 2012 00:59:21 +0000 http://maryandmoney.com/?p=127#comment-1659 ihave about $40,000 in credit card debt my wife just started working agin part time after 3years we are just making it we have used most of our savings just to stay afloat iam working but just got hurt and on workers comp I have two kids in college we pay our bills on time we have had a few emergencies where we had to use our credit cards in the past year right now we can only pay the minunmums dont know how long we can go on we have a morgtage shoud i get one of the companies that consolidate your credit and mke one payment and negotiate with the credit companies could you help i dont want to loose my house ihave about $40,000 in credit card debt my wife just started working agin part time after 3years we are just making it we have used most of our savings just to stay afloat iam working but just got hurt and on workers comp I have two kids in college we pay our bills on time we have had a few emergencies where we had to use our credit cards in the past year right now we can only pay the minunmums dont know how long we can go on we have a morgtage shoud i get one of the companies that consolidate your credit and mke one payment and negotiate with the credit companies could you help i dont want to loose my house

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1652 Mary Wed, 15 Feb 2012 23:37:42 +0000 http://maryandmoney.com/?p=127#comment-1652 Kathy, There is a lot more I would need to know before I weighing in. Here is what I want you to think about - is your current home the place where you want to retire? If not and if your local real estate is in decent shape- then it may be worth considering. Assuming you do want to sell- try to get answers to these questions: 1) what are similar homes in your neighborhood selling for? ( a local realtor can give you the answer) 2) Assuming you get the price you want for your home - how much will you have left after paying settlement costs which include realtor commission (usually 6%) local and state taxes (if applicable), loan payoff, and any closing fees? 3) what will you do with the lump sum you get after closing to make sure you are protecting that nest egg? There are a lot of costs associate with selling a home. If you are planning to move into a similar one in a few years the expense may not be worth it. But if you have your eye on something more affordable, this could be a good choice for you. Selling before you "have to" is always a smart idea. You are in control of the process. Kathy, I know there are a lot of questions here- but you can easily get the answers to all of them. Feel free to email me by hitting the contact button on the navigation bar. Good luck! Mary Kathy,
There is a lot more I would need to know before I weighing in. Here is what I want you to think about – is your current home the place where you want to retire? If not and if your local real estate is in decent shape- then it may be worth considering. Assuming you do want to sell- try to get answers to these questions: 1) what are similar homes in your neighborhood selling for? ( a local realtor can give you the answer) 2) Assuming you get the price you want for your home – how much will you have left after paying settlement costs which include realtor commission (usually 6%) local and state taxes (if applicable), loan payoff, and any closing fees? 3) what will you do with the lump sum you get after closing to make sure you are protecting that nest egg?
There are a lot of costs associate with selling a home. If you are planning to move into a similar one in a few years the expense may not be worth it. But if you have your eye on something more affordable, this could be a good choice for you.
Selling before you “have to” is always a smart idea. You are in control of the process.
Kathy, I know there are a lot of questions here- but you can easily get the answers to all of them. Feel free to email me by hitting the contact button on the navigation bar.
Good luck!
Mary

]]> By: Kathy http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1648 Kathy Sat, 11 Feb 2012 01:44:04 +0000 http://maryandmoney.com/?p=127#comment-1648 Hi Mary, Quick question, husband is retired, I'm semi retired. We're almost out of debt except for the mortgage. Is it better to sell, take the $275k equity and rent until I retire (2 - 5 years) then buy smaller, or stay in the house and still pay the mortgage? We'll need to buy a car with in a year or so. That will take all our savings while we still have a mortgage. We won't have much to save for emergency fund or vacations if we stay in the house. Thanks, Kathy Hi Mary,
Quick question, husband is retired, I’m semi retired. We’re almost out of debt except for the mortgage. Is it better to sell, take the $275k equity and rent until I retire (2 – 5 years) then buy smaller, or stay in the house and still pay the mortgage? We’ll need to buy a car with in a year or so. That will take all our savings while we still have a mortgage. We won’t have much to save for emergency fund or vacations if we stay in the house.
Thanks,
Kathy

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1637 Mary Tue, 31 Jan 2012 20:11:06 +0000 http://maryandmoney.com/?p=127#comment-1637 Peggy, This is a great opportunity for you to take stock on your skills and find out what you can do from home. For example, If you have writing skills you may be able to freelance during your down time. You get the idea. I know people who operate call centers out of their home. You will need a computer and high speed internet access. The two companies that I am aware of are west.com and alpineaccess.com. Good luck! Mary Peggy,
This is a great opportunity for you to take stock on your skills and find out what you can do from home. For example, If you have writing skills you may be able to freelance during your down time. You get the idea. I know people who operate call centers out of their home. You will need a computer and high speed internet access. The two companies that I am aware of are west.com and alpineaccess.com.
Good luck!
Mary

]]> By: Peggy Rosser http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1635 Peggy Rosser Thu, 26 Jan 2012 20:33:39 +0000 http://maryandmoney.com/?p=127#comment-1635 Hi Mary, I am a single parent and I would like to work part-time from home evenings and weekends, any suggestions? I work full time M-F, 8:30 to 5:00 p.m. Thanks, Peggy R. Hi Mary,

I am a single parent and I would like to work part-time from home evenings and weekends, any suggestions? I work full time M-F, 8:30 to 5:00 p.m.

Thanks,

Peggy R.

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1622 Mary Mon, 16 Jan 2012 22:03:48 +0000 http://maryandmoney.com/?p=127#comment-1622 Thanks Ivy. Here you go! http://livewellnetwork.com/We-Owe-What/feature/Creating-a-Budget/8505263 Thanks Ivy. Here you go!
http://livewellnetwork.com/We-Owe-What/feature/Creating-a-Budget/8505263

]]> By: Ivy http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1619 Ivy Sun, 15 Jan 2012 19:15:22 +0000 http://maryandmoney.com/?p=127#comment-1619 I caught a short bit about your new show and it said that you could print the blank budget form and I can't seem to find it. Can you send me one or the link. Thanks I caught a short bit about your new show and it said that you could print the blank budget form and I can’t seem to find it. Can you send me one or the link. Thanks

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1572 Mary Tue, 10 Jan 2012 14:34:55 +0000 http://maryandmoney.com/?p=127#comment-1572 Generally this is a very straight forward move. The number one thing you want to be sure of is the tax implications for the rothIRA. You pay the taxes now- get the tax benefit later. Just make sure you can handle the taxes "now" part. An agent should be able to clearly tell you what the steps are in plain english. As a safety, talk to an accountant about the move before you actually do it. Reams of paper work are not unusual in the financial services industry and you are smart to read through it- not enough folks do. But the rolling over of assets like this is very commonplace. But when you are ready make sure you feel you are working with a firm that is guiding you in plain english- if not pick another company to handle the rollover. You DO NOT have to stay with the company that had yourcompany's 401k- shop around for the firm that treats you the best and educates you the most. Generally this is a very straight forward move. The number one thing you want to be sure of is the tax implications for the rothIRA. You pay the taxes now- get the tax benefit later. Just make sure you can handle the taxes “now” part. An agent should be able to clearly tell you what the steps are in plain english. As a safety, talk to an accountant about the move before you actually do it. Reams of paper work are not unusual in the financial services industry and you are smart to read through it- not enough folks do. But the rolling over of assets like this is very commonplace. But when you are ready make sure you feel you are working with a firm that is guiding you in plain english- if not pick another company to handle the rollover. You DO NOT have to stay with the company that had yourcompany’s 401k- shop around for the firm that treats you the best and educates you the most.

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1571 Mary Tue, 10 Jan 2012 14:29:33 +0000 http://maryandmoney.com/?p=127#comment-1571 You do not need a realtor - you do need to be added to the deed and then to secure the financing. Start talking to mortgage lenders about securing a loan for the balance of your sister's loan. You may also want to hire a real estate attorney to make sure the transfer of title is done correctly. You do not need a realtor – you do need to be added to the deed and then to secure the financing. Start talking to mortgage lenders about securing a loan for the balance of your sister’s loan. You may also want to hire a real estate attorney to make sure the transfer of title is done correctly.

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1570 Mary Tue, 10 Jan 2012 14:27:14 +0000 http://maryandmoney.com/?p=127#comment-1570 Start by talking to your bank's branch manager. Then set out to get the skills required. If you need an advanced degree you can often do it online or at a community college for less. Set your goal and then get informed on what is needed to achieve it. Start by talking to your bank’s branch manager. Then set out to get the skills required. If you need an advanced degree you can often do it online or at a community college for less. Set your goal and then get informed on what is needed to achieve it.

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1504 Mary Mon, 19 Dec 2011 18:44:48 +0000 http://maryandmoney.com/?p=127#comment-1504 I am looking to transfer my company 401 (of which I am no longer employed by) to a traditional IRA then a partial to a ROTH. These are the steps I need to follow as per the financial institution. My question is, they had sent me a 50+ page document to read before I make any move. I have read thru most of it, but am not a finance person. I am nervous about moving forward with this. Should I be or is this the norm? I am looking to transfer my company 401 (of which I am no longer employed by) to a traditional IRA then a partial to a ROTH. These are the steps I need to follow as per the financial institution. My question is, they had sent me a 50+ page document to read before I make any move. I have read thru most of it, but am not a finance person. I am nervous about moving forward with this. Should I be or is this the norm?

]]> By: Sophy chhim http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1442 Sophy chhim Sun, 06 Nov 2011 04:38:52 +0000 http://maryandmoney.com/?p=127#comment-1442 I live in my sister home for the past two years. I am paying the rent, taxes, home insurance, Hoa fee and now I would like to take over the home loan. Is there an easy way to do this by having the loan change over to my name or do I need to find a realtor? Please help. I live in my sister home for the past two years. I am paying the rent, taxes, home insurance, Hoa fee and now I would like to take over the home loan. Is there an easy way to do this by having the loan change over to my name or do I need to find a realtor? Please help.

]]> By: Aya, http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1413 Aya, Fri, 14 Oct 2011 01:43:07 +0000 http://maryandmoney.com/?p=127#comment-1413 I am looking for a job as a Bank teller, but I only have high school diploma whit no previous experience plus English is not my first language. So I'm wondering if you can give any tips that can help me find a job. Thank you! I am looking for a job as a Bank teller, but I only have high school diploma whit no previous experience plus English is not my first language. So I’m wondering if you can give any tips that can help me find a job.

Thank you!

]]> By: Andre http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-1380 Andre Fri, 09 Sep 2011 21:08:39 +0000 http://maryandmoney.com/?p=127#comment-1380 Mary. Please have a Wikipedia page created for you. I'm moved after watching you for the firrst time today with jim Rodgers in 2008-9 interview. I'd like to learn more about how you became who you are! Kindly Andre Ferchau Be Well Mary. Please have a Wikipedia page created for you.

I’m moved after watching you for the firrst time today
with jim Rodgers in 2008-9 interview.

I’d like to learn more about how you became who you are!

Kindly
Andre Ferchau
Be Well

]]> By: Mary http://maryandmoney.com/featured/ask-mary/comment-page-1/#comment-691 Mary Fri, 03 Dec 2010 18:14:40 +0000 http://maryandmoney.com/?p=127#comment-691 Lesley, Thanks for the comment. I appreciate you effort to watch despite the music! I'll let the folks know it gets two thumbs down from you. Anyone else feel the same way? Mary Lesley,
Thanks for the comment. I appreciate you effort to watch despite the music! I’ll let the folks know it gets two thumbs down from you. Anyone else feel the same way?
Mary

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