What Would You Do? #8

Feb 18, 2017 by

Help a Money Counselor reader decide how best to use an unexpected $15,000 gift!

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Your Worst Financial Habit?

Aug 1, 2016 by

We are creatures of habit. But in the case of cash, bad habits can cost us money and postpone retirement. Which bad financial habit would you most like to break?

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Are Loan Co-Signers Saps?

Jul 12, 2016 by

When your young adult kid or brother asks for help getting credit, it’s hard to say “no.” What’s the worst that can happen when you co-sign a loan?

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What Would You Do #7?

Mar 5, 2014 by

Might it make sense to demolish an old but serviceable farmhouse and convert the 2 acres on which it sits to cropland?

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What Would You Do? #6

Oct 28, 2013 by

You’ve got a long overdue debt that you can suddenly pay because of an unexpected inheritance. But the debt will fall off your credit report in a few months, and the statute of limitations will also expire soon. Should you pay up?

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What Would You Do? #5

Aug 22, 2013 by

Prompted by my “How Much Savings is Enough?” post, a Money Counselor reader wrote to ask how much savings I thought he needed to retire. I gave him my answer, but I’ve learned that MC’s readers’ collective insight and wisdom far exceeds my own! Please share your thoughts on this reader’s situation.

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What Would You Do? #4

Jan 30, 2013 by

Chances are good that you or someone you know faces or will face the dilemma Diane’s struggling with in this edition of What Would You Do?

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What Would You Do? #3

Dec 7, 2012 by

Dave’s recently deceased Uncle Morty left him $25,000. Should Dave resist the strong temptation to use this “found money” to indulge in fun or frivolity he couldn’t otherwise justify, or should he think about his Uncle’s bequest in the same way he thinks about his family’s own money—conservatively?

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What Would You Do? #2

Nov 5, 2012 by

Everybody likes a good after-work Happy Hour. But how do you balance social and professional pressure to participate with your family’s financial plan?

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What Would You Do? #1

Oct 10, 2012 by

Young kids—and some adults—have little concept of budgets and money and debt. When your kid really wants something costly that you’d really like him or her to have too, what do you do?

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