Dear Dr. Per Cap: I have student loans and a car loan. Why did I have to provide so much more personal information when applying for the car loan as opposed to the student loans, especially when the student loans amount to a lot more borrowed money? Signed, Studying Hard Dear Studying Hard I’m glad […]
Dear Dr. Per Cap: What exactly is a hedge fund? I’m new to investing and keep hearing that’s where the big returns are. Signed, Young Investor Dear Young Investor The best way I can describe a hedge fund is to think of a mutual fund on steroids. Like a mutual fund, a hedge fund is […]
Dear Dr. Per Cap: When do I need life insurance? Most people I know think it is bad luck to talk about. Signed, Just Being Practical Dear Practical A person needs life insurance if they have dependents or other financial commitments that could create challenges for heirs should they pass away. Life insurance is a […]
Dear Dr. Per Cap: I know they’re not the healthiest option but for a single parent on the go, I buy a lot of Happy Meals. I heard McDonald’s is raising the price. What’s up? Signed, Happy Dad Dear Happy Dad I think Happy Meals are the go to treat for a lot of Native […]
Dear Dr. Per Cap I got my per cap the other day and need to plan for the holidays. What’s the best way to make a budget – handwritten, mobile app, or an envelope system like my sister swears by? – Holiday Shopper Dear Holiday Shopper I once asked my favorite uncle “What’s the best […]
Dear Dr. Per Cap I hear December per cap is going to be a lot less because of the casino closure. I count on per cap to pay bills and buy presents for my kids. What can I do to get by this holiday season? -Worried Dad Dear Worried Dad We all know 2020 has […]
Dear Dr. Per Cap: I just graduated high school and will turn eighteen in a few weeks. What’s your advice for a young person who wants to get ahead financially? Signed, Looking Ahead Dear Looking Ahead Congratulations on your high school diploma! What I’m going to tell is just as true when I graduated high […]
Dear Dr. Per Cap: My tribe is blessed to receive a generous per cap; however, there are problems too. We have freeloaders looking to marry tribal members so they can live off our good fortune. One of these gold diggers has her hooks into my younger brother. It’s so obvious to the family that she […]
Dear Dr. Per Cap: I’m a federal employee (Indian Health Service) and just found out the government is changing the way payroll taxes are withheld. How will this effect my paycheck? Signed, Health and Wealth Minded Dear Health and Wealth The payroll adjustment is a temporary tax deferral resulting from a presidential order. Its purpose […]
Dear Dr. Per Cap: The price of gold is soaring. Is it a smart investment like stocks, bonds, and other assets you write about? Signed, Golden Girl Dear Golden Girl Gold has enjoyed quite a run in 2020 trading at record highs – over $2,000 an ounce in early August. However, the precious yellow metal […]
