Events Calendar
In This Section
Auto bailout could be tied to government-run overhaul
Oil plummets on dire U.S. jobs figures
Employers cut 533,000 jobs in November, most in 34 years
Merrill Lynch shareholders approve sale to Bank of America
Worried retailers report big drop in sales
One National City executive on PNC leadership team
Most Read Stories
Blogs:
Akron Law Café:
What's Wrong with Incarcerating People for Profit?
Car Chase:
Car Guy* Gatherings
The Heldenfiles:
"Survivor" Results: A Long and Winding Road … to Something Obvious
Patrick McManamon:
Browns GM Phil Savage meets media, defers questions about the future
Browns Bulletin:
Say hello to your new starting quarterback
Cleveland Browns:
Anderson done for season
Cleveland Cavaliers:
Does the LeBron James Saga Finally Die - for Now?
CavsHQ: A Fan's View:
What to Watch For - Cavs v. Pacers
Akron Zips:
Looking ahead to Dayton
Varsity Letters:
‘Gridlocks’ high school football recap
Kent State Sports:
Home winning streak snapped by St. Mary's
Ohio Politics:
Chambliss: Hey, Guess Who Impacted This Race?
See Jane Style:
Holiday Dressing Men’s Edition
All Da King's Men:
Should We Bail Out The Big Three Automakers ?
Blog of Mass Destruction:
Obama's Place In The Center For Moderate GOP'ers
HRLite House:
The ‘House’ Test
Akron Gamer:
Quick holiday game guide
Ohio Travels with Betty:
Where is the house featured in A Christmas Story?
Sound Check:
The Pretenders to play Akron Civic Theatre on Valentine's Day
Let's Talk Real Estate:
Johnny Rockets: A taste of the 50s!
Published on Sunday, Sep 07, 2008
On Michael and MaryBeth Andrews' problem being ''cash-poor'' and relying on credit for a temporary loan and paying it off within the month:
''If they make the changes suggested, they may be able to have an extra cushion to try to get ahead.''
On the high cost of gasoline from their budget:
''He'll have to find that elsewhere in his budget,'' Davis said, since there's not much Michael can do about his 55-mile round-trip commute to work. ''Maybe he can track to see if he's only traveling to and from work or if he's using the gas for other things.''
On MaryBeth getting a part-time job to use for entertainment or expenses, if needed, but not wanting to add that income to the budget:
''They're not really having hard times. Once she gets the part-time job, she might realize they not only need it for entertainment, but extra for the budget.''
On possibly using some of their savings to pay down their $10,000 in credit-card debt:
''They should pay down their debt with their savings to maybe get ahead (instead of paying finance charges), especially for gasoline.''
In general:
''They're on the right path. They've already got their IRAs and 401(k)s in place for retirement. A lot of people don't do that.''
On Michael and MaryBeth Andrews' problem being ''cash-poor'' and relying on credit for a temporary loan and paying it off within the month:
Get the full article here.
Comments
Click here to post your comments
