Personal-finance guru Dave Ramsey says people need a $ 1,000 emergency fund. He also says that if a $ 600 or $ 1,400 stimulus check would be a lifeline for you during the current pandemic state of emergency, “you were pretty much screwed already.” The radio host and author argued against …
Read More »The Moneyist: I pay my gardener $100 a month. Should I pay him less if he misses a week here and there because of rain?
Dear Moneyist, I pay my gardener $ 100 per month. He or one of his employees comes once a week on Mondays, and does a pretty good job. When the weather is rainy, he does not come until it is dry, so sometimes there is a week where he does …
Read More »The Moneyist: ‘I planned to buy new tires for the winter’: I didn’t get a stimulus check because I owe back child support. Will I get one this time?
Dear Moneyist, I have 2 kids and I pay child support. I have one daughter who I didn’t know about until she was 5 years old. My arrears for child support have kept me down most of my life. My credit score never goes past 515. I have a hard …
Read More »The Moneyist: My wife pushed me into buying a home because she provided 2/3 of the down payment. Now I’m stuck in a house I hate
I have measured out my life with coffee spoons;I know the voices dying with a dying fallBeneath the music from a farther room.So how should I presume? “The Love Song of J. Alfred Prufrock” by T.S. Eliot Dear Moneyist, My wife and I purchased a home a year ago. I …
Read More »Help Me Retire: I’m 63, a widow and lost my job because of COVID. I don’t have much in savings and feel lost. What can I do?
Dear MarketWatch, I’m a 63-year-old widow laid off from my restaurant job of 34 years. I’ll never be able to make the money I was making before COVID. I was going to work for a few more years to pay off some bills. I was thinking about getting survivor’s benefits …
Read More »The Moneyist: I filed a joint tax return with my estranged wife because she is a gambler and her finances are a mess. But I got NO stimulus check — what can I do?
Dear Moneyist, I am a full-time student and I’m 50 years old. I graduate in December 2020 and maintain a 4.0 GPA so I work hard to achieve academic success. Due to achieving such academic prowess, I was limited to work hours throughout the 2019 year and my combined income …
Read More »Can I skip a mortgage payment because of COVID-19?
The coronavirus pandemic has us all concerned about our health, the safety of friends and family and about our jobs. Businesses that haven’t closed have probably seen a significant loss of revenue, leading to record numbers of workers experiencing a partial or total loss of income. While waiting to return …
Read More »Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus
The numbers: Sales of previously-owned homes jumped 6.5% in February, though the coronavirus outbreak could put the break on sales growth in coming months. Existing-home sales occurred at a seasonally-adjusted annual pace of 5.77 million, the National Association of Realtors reported Friday. It was the strongest sales figure for the …
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