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  Topic: Gifts of money from family
mikeemerder

Replies: 10
Views: 32573

Post image iconForum: Taxes   Posted: Mon Mar 25, 2013 5:17 pm   Subject: Gifts of money from family
If we as a married couple receive a gift of $10,000 from a parent(s), is that taxable? I'm not quite clear of the gift tax, but from the IRS website it seems like we are not required to report it as ...
  Topic: Young Couple investment advice
mikeemerder

Replies: 22
Views: 18559

Post image iconForum: Investing, Stocks and Bonds   Posted: Mon Mar 25, 2013 4:55 pm   Subject: Young Couple investment advice
My wife and I are in our early 30's and want to look at extra investing besides our savings, 401K, etc. I still a little money left in a mutual fund where our house down payment came from and we have ...
  Topic: Paying off credit card debt advice needed
mikeemerder

Replies: 20
Views: 47832

Post image iconForum: Credit & Loans   Posted: Tue Mar 19, 2013 11:15 pm   Subject: Paying off credit card debt advice needed
I see. You two bring up some good points. I was certain the 401k loan would be the advice I receive. I was always skeptical of consolidating credit card debt but I suppose that would be a better op ...
  Topic: Paying off credit card debt advice needed
mikeemerder

Replies: 20
Views: 47832

Post image iconForum: Credit & Loans   Posted: Tue Mar 19, 2013 7:10 pm   Subject: Paying off credit card debt advice needed
Casual or not it is what it is. The point was what to do about current state, not what we could do with an ideal state. We have that cash in savings as a reserve. My wife was laid off for in 09 and ...
  Topic: Paying off credit card debt advice needed
mikeemerder

Replies: 20
Views: 47832

Post image iconForum: Credit & Loans   Posted: Tue Mar 19, 2013 5:30 pm   Subject: Paying off credit card debt advice needed
Greetings, first post.

My wife and I currently have $6K and $10K of credit card debt on two cards. We are paying roughly 12% interest on these. We are making more than the minimum payment and usi ...
 
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