I am going to try to get a house in a year or so, In military, need advice.

1 Answer

Answer :

Wow. I would wait until you have about $10,000 in savings. Owning a house gets expensive. It isn’t just the mortgage payments, it’s the repairs you have to do. If you work hard at starting to save some money by the time you get out of the military you could very well have that amount in the bank. Then I would also wait until you have a confirmed job and so know what your monthly income will be. That way you will know how much house you can afford to buy. In addition, things can change in two years. You might meet someone, or get offered a job somewhere else, or even decide to re-up. I suspect that house prices will still be decent in two years, and by then you will have a few more certainties and some savings.

Related questions

Description : Can you give me some financial advice on paying off our house?

Last Answer : answer:Yes, he's right. Any time you're doing something special' (i.e. non-routine) think of all the ways they could screw it up, and plan for that. Meaning: write a separate check for the ... a mortgage or a straight bank loan or what? Don't get a higher interest rate and squander your money,

Description : Is Russia's recent military action in Syria good for Uncle Sam's coffers?

Last Answer : Since they are bombing areas and groups we weren’t, I don’t see how it affects our expenditures.

Description : Need financial advice ASAP?

Last Answer : Can you pick up a job driving for Uber or delivering pizzas? Pizza tips can be good in the right neighborhood. And I think Uber pays daily. Maybe someone else can weigh in with more information.

Description : I want to at least try to get a job this fall after I turn 14. My mom says I shouldn't. Who's wrong here? More details.?

Last Answer : Listen to your mother. You have a whole life of work ahead of you. Enjoy your freedom while you can.

Description : if you found $500 on the ground would you keep it or try to find the person who lost it

Last Answer : I found money on the floor many times and I will always give it to charity who someone needed more then us.

Description : Can you offer advice on my situation with my younger brother?

Last Answer : He's old enough to make his own choices so it's not like you would be turning your back on him. He needs to want to leave her bullshit behind 100% on his own, otherwise he will just end up going back ... you can do is make sure he understands you will be there for him when he's ready to move on.

Description : Any advice about financial planning?

Last Answer : answer:Invest as much as possible while you're young and take risks. There are 2 major factors for building wealth: starting early and taking on risk. If you can start early, the magic of compounding interest ... never got the raise (or that you got a smaller one than you did) and invest the rest.

Description : Could I get some advice regarding mailing a check to my bank?

Last Answer : answer:In the past I've written my own deposit slip when I didn't have one. (In fact, it's the old-fashioned way to do it. Banks at one time did not provide pre-printed deposit ... belt-and-suspenders thing, I'll repeat the account number under that endorsement, before I counter-sign the check.

Description : Advice on paying debt collection?

Last Answer : answer:If it happened to me, no I would absolutely never pay a collection agency. If she wants to pay the actual phone company, she should call and discuss it with the billing department. Even then ... many local elected officials as I could to get some assistance in getting them to leave me alone.

Description : What advice can you recommend a beginner to online poker?

Last Answer : My advice: Don’t play online poker. I never trusted the integrity of and it is easier to become addicted. Just play live 2/4 Limit games. Maybe play a tournament. You’re play is going to continue to be up and down until you’re a real professional.

Description : Financial advice for a college student?

Last Answer : Your financial aide office is the right place to start. They will be able to tell you if you qualify for any grants grants are much nicer than student loans because they are free and ... Research is your best friend. Sometimes student loans are just necessary but exhaust all other options first.

Description : Can you help with advice for a friends debt?

Last Answer : You have not provided sufficient information for real advice. What are her living circumstances, employment and income details, commitments aside from credit cards etc. Does she have assets - equity in property etc., as ... a very long time, but it might give her a chance to get back on her feet.

Description : Any advice on setting up your first IRA account?

Last Answer : answer:I don't know a lot about IRAs, but I Will Teach You To Be Rich is a great resource for learning about finances and investments. Just go there and search for Roth IRA and you'll come up with ... 're a good place to check into. They've also got some good basic FAQ on IRAs on their website.

Description : Could you help me with investment advice?

Last Answer : most internet brokerages are going to require around $1,500 - $2,500 to open an account. Even with this amount, your best bet is to begin with mutual funds (especially with limited investing knowledge) ... see a company you would like to invest in, buy some shares and build your portfolio over time.

Description : Legal/financial advice: This is a scam right?

Last Answer : Scam… Can’t you make a cashiers check for however much you want? Why the hell did he make it for 16 grand? Just destroy the check like you said you would.

Description : Any advice when looking for student loans/funding?

Last Answer : Let me warn you now: Don’t be fooled by those fake FAFSA people who charge you to process an application. Applying for FAFSA is free. It is a government program. My dad got tricked into paying for it… I shoulda set it up for him

Description : How much house could one afford if they only make $40,000 - 45,000 a year in Houston.

Last Answer : Honestly? Nothing, really. sorry, no pleasure in this answer

Description : You find yourself totally out of debt, no rent, no house payment, no car payment, no loans what so ever, what would it take for you to go back into debt?

Last Answer : If my children really needed help.

Description : My wife and I are totally disabled. We are on a fixed income. Military/ssn income. We had to foreclosure on a rental house,how is this going to affect our credit rating. Up to now we were in the 740 range?

Last Answer : A foreclosure will severally hurt your credit rating but you need to avoid using credit it costs you more than you can earn in the long run due to interest. Just save to buy what you want.

Description : Are you going through a hard financial time right now?

Last Answer : Always. And I’ve worked so damn hard in my life.

Description : How are airlines going to determine who gets the offer of up to 10k to give up their seat?

Last Answer : United has also came out and said they are stopping their practice of overbooking. So apparently it will be a rare occurrence. But that is a good question. I certainly would take the money, but not if it was only United Airlines bucks.

Description : What is the going rate for babysitters these days?

Last Answer : We pay our babysitter 10 bucks an hour. It’s a little steep, but I’d rather having her come back. I live in the Bay Area also.

Description : I'm going to the spa today. What is an appropriate tip?

Last Answer : you tip when you pay for the treatment. some spas offer you an envelope for each separate service provider, but I think this is being worked. Tip 20 % on the full amount at the end, and let the ... system, I have walked out of spas having paid $200 or more, for just a mani/ pedi and facial.

Description : Given the state of the economy, what do you think about the fact that we're going to set another record for Christmas spending?

Last Answer : Hey, that is great news Joker! Hopefully, this means we are coming out of this recession for good!

Description : What's the going baby-sitting rate?

Last Answer : Where I live, it's between $8 and $15 per hour, depending on the age and education of the babysitter. Right now we have one that we're paying $250 a week to basically be a friend of our kids. ... with an older girl around. They tend to stay in the house too much if they are on their own.

Description : You just won $2000 in the local lottery. What are you going to do with the money?

Last Answer : Pay for the dental crown I am having done, starting on Friday. My first appointment will take 1 hour and 40 minutes. Ora pro nobis.

Description : If you had just enough money in your savings account to pay off your house, would you?

Last Answer : It would depend on the interest rate, @chyna, and other things like they type of loan, how much equity I had in the house, amount of mortgage payment, value of the home…

Description : Buying our first house... what to expect?

Last Answer : answer:Sounds like the seller chips in on the closing costs. Normally, the buyer is responsible for closing costs, I think, unless there is some agreement and the seller helps out. Who owns the house? The ... of walking away. But you may be making a very generous offer, and they might snap it up.

Description : I'm looking a house plans on line. What exactly are they wanting to sell me for "sets" at 5 for $685, up to CAD for $14500?

Last Answer : answer:Contact them directly and ask. http://www.architecturaldesigns.com/ContactUs.aspx Or: Architectural Designs :: 57 Danbury Road :: Wilton, CT 06897 USA & Canada 1–800-854–7852 or 1–877-229–2447 :: International 262–521-4596 Fax 1–203-761–8600 :: Email: [email protected]

Description : If a person has huge debt, no children, no house, and almost no assets, who pays their debt when they die?

Last Answer : well, what I do know is that no one acquires the debt unless they cosigned the loan or something. I also hear that who ever acquires the estate acquires the debt. Not too sure what happens after that.

Description : If you hire someone to do labor in your house and they do a terrible job, do you pay them the agreed upon price?

Last Answer : Were they licensed?

Description : How much should I pay my sister for staying at my house?

Last Answer : My experience through part of my 20s was similar. Usually, I did it for minimal pay so long as there was food. Cats aren't much work, and I'm sure she'll appreciate the privacy more than anything ... . Definitely leave her the vet info & make sure she has the means to pay should an emergency arise.

Description : How much does it cost to build a house?

Last Answer : answer:To get an estimate of the cost to build a home, go to Building-cost.net its a free online calculator that helps you get an estimate based on the National Building Cost Manual. What's nice is ... starting point and will help give you a better idea on the costs excluding the land. Good Luck! R

Description : How do you buy a house at a forclosure auction?

Last Answer : bring the ten percent in secured funds (I.e. Cashiers checks) you can attempt to get a loan for the rest but it will be a challenge. shop the loan around and be up front with how you plan to ... as you could lose the property at time of sale although in today market you shouldn't have a problem.

Description : Why is the military the go-to career choice for so many advice-wielding civilians?

Last Answer : Because of the disgusting hero worship in america for the military, and its quasi religious status. When you become a state employed murderous scumbag soldier, you automatically become some sort of demi-messiah and hero who deserves unquestioning love and devotion from everyone.

Description : My 24 yr old daughter just got a biology degree, she interns (unpaid) at the mayo and is accepted into a 15 month program to get an RN degree. No more scholarships for post grad so Iv'e suggested military options? Any advice?

Last Answer : You mean like get your head examined? You can’t tell if someone in such a position would be sent to a field hospital, so you should carefully consider this, and keep in mind anything a recruiter tells you is bullshit. If she can do this, and stay in the USA, well, business is booming.

Description : How much money do you need a year to be happy?

Last Answer : Enough for my living expenses and some treats.

Description : I can't sleep. Want a little advice ? I used to use mobile till many nights before. Now I try to sleep with my mobile long before but sleep does not come. Last night I did not sleep at all. ... this for almost a year. Sometimes everything goes well and then it starts again. What should I do now ?

Last Answer : You should work harder during the day. And read books at night so that your eyes get tired and sleep will come quickly. If this does not work then you can see a good doctor.

Description : I live in CA and make almost $62k/year, but only take home $3,270/month. Why is my takehome so low?

Last Answer : Taxes. Union dues.

Description : Why does the USA need a defense budget so large?

Last Answer : answer:Some are arguing we spend too much on defense, that it is not being spent effectively. We spend a lot on defense partly so people won't f#%k with us. Bomb us and we will blow up ... also must be good ol' boy contracts and sweetheart deals for the manufacturing of bombs, uniforms, tanks, etc.

Description : When a debit card does not have a chip, am I still able to track it?

Last Answer : Yes. The company who issued the card will be able to track where yours was last used.

Description : How much of a difference am I allowed to have in tire size compared to what I already have?

Last Answer : answer:Just going to add it seems it could maybe affect ABS/TPMS although the place I read this at didn't say to what extent. I guess it is hit or miss depending the vehicle and how it reacts? EDIT: It ... does how much. Like 1 or 2 MPH or will it be way off? Still haven't found clear cut answer.

Description : Am I right or wrong?

Last Answer : answer:It's not clear at all from your question where you got this money from, or why your sister feels entitled to it. Who gave you the money, and was any of it supposed to go to your sister? ... should be giving her some money, and are trying to use her behaviour to justify not giving it to her.

Description : Am I really spoiled?

Last Answer : answer:I wouldn't expect my 16 year old to buy her own sneakers and gym shorts that's an expense we, as her parents, would cover. However, it depends on what your parents' money situation is. If ... school necessities, then I can see asking you to use that money (for now). Also, welcome to Fluther!

Description : Am I at fault if we keep this scandal a family secret?

Last Answer : answer:Simple. Do you have integrity, or, are you a coward that is willing to allow an elderly person to be financially exploited so as not to have to deal with the fallout? I'd ... necessary to remove this shyster family member from any dealings with your parents finances. Get legal counsel ASAP.

Description : Am I right that my mom shouldn't be keeping this from my sister?

Last Answer : Your mother’s way she might disappointed, your way she will be – even if only temporarily.

Description : Help. Am I spending too much?

Last Answer : This is a trick question, right? Anybody who spends that much money on drugs and complains about being poor just can’t be for real.

Description : I am unemployed. Do I pay federal tax on interest rate income i make from investing in treasury notes?

Last Answer : I would check the IRS website….but you probably do have to pay taxes on that income if it exceeds a certain amount.

Description : I'm tired of making no money, what else am I qualified to do?

Last Answer : Write us a bestseller!

Description : Please explain to me what I am missing about the mortgage mess.

Last Answer : answer:I have to agree that the responsibility needs to be focused on the homeowners. For many years we have been hearing about the housing bubble. I don't see how anyone could think that ... were just salespeople who wanted to add to their bottom line, regardless of the homeowners fiscal situation.