Ultimate Finance Knowhow

Bob H asked:


I just filed for chapt 7 and I’d like to know how long it will be before I can finance a car. Will I have to wait until it is discharged? Anyone have experience in this?

Omar

John G asked:


From a tax/ money savings standpoint, is it better to lease or finance a car through your business? I have an LLC, operating as an Scorp for IRS purposes. I want to get a car but I want to know what would be better for me? I hear people saying leasing is good. I just want to save the most money. I don’t wish to keep the car for more than 2 years.

Calvin

news10boi asked:


I’m getting my first credit card when i turn 18 in early October…And i’m curious to know how many months will it take to determine if i have good or bad credit to finance a car on my own? I heard 3 months so the dealership can let me off with the car.

Thanks!

Arleen

mcammon2801 asked:


I’m a junior in high school and am starting the college search. I have a couple things in mind regarding what I want to major in. But I have some questions about going into business. It’s a huge field of study with so many jobs! So I’m asking:
What can I do with a marketing degree?
What can I do with a finance degree?
What can I do with an accountant degree?
Thanks alot!

Darryle

xxxtacular_com asked:


I am studying in my junior year at the university for a Finance degree. My dream job is to be a consul in a US embassy abroad but I think that it is hard to get a job there. I do speak fluent Russian and some French and some Turkish. Ideally I should be studying for a degree in international relations or Eastern European Studies or something of the sort but since I think it’s next to impossible to get my dream job I went into Finance. This semester I am failing my Math class.

Does anyone know anything about Foreign Service and how real it would be for someone like me to get a job at an embassy? Thanks a lot.

Dirk

The Chief asked:


I wanted to start studying for my major in college which is finance and I was just wondering exactly what type of math do businessmen use in the field of finance and economics?

Arnold

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.

Clarissa

General Vic asked:


What are the highest paying jobs for finance?

What are the highest paying jobs for engineering?

Loyd

Free Indeed asked:


I’m planning to flip a house in the midwest, but I’m not sure how to go about financing. I plan to purchase the house for $130k, spend $20k in repairs, and sell for $160k. I would need to finance the purchase and repairs.

1) I don’t know what type of loan to go with

2) I don’t know if it’s better to go to a bank, like National City, a financing company, like CitiFinancial, or a different type of company…

Elsie

Random Guy from Texas asked:


Having an interesting disscussion with someone who claims to be a CPA for 30 years and can’t name them.
To be fair to him, I will ask the business and finance community what they think the two most important principles are. Your opinion, and maybe I will learn something new for myself in the answers.
I mean finance in general, and this is more of a book-type question of technical principles, a bit like asking what law of motion is most important when attempting to understand the trajectory of a rocket?

Kaye