Dear Dr. Per Cap: My daughter is a high school senior set to receive a minor’s trust payment in a few months. I’m worried it will be a lot less than she expected since the coronavirus sent the stock market reeling. Is it fair for her to receive less than kids in previous years? Signed, […]
Dear Dr. Per Cap: Last night I got a call from a young woman who claimed to my granddaughter. She said she was sick from coronavirus and needed money to pay her hospital bill. Luckily, my nephew knew it was an imposter. But if worrying about the disease isn’t stressful enough, now we have to […]
Dear Dr. Per Cap: I’m sweating the COVID-19 stimulus checks that are supposed to becoming soon. What will the amount be and when will they go out? Signed, Needing Money Dear Needing Now that the Coronavirus Aid, Relief, and Economic Security (CARES) Act has passed both houses of congress the bill states that the Treasury […]
Dear Dr. Per Cap: As a senior taking care of two grandkids I’m worried people will start withdrawing all of their money from banks. Should I start stock piling cash in case the COVID-19 pandemic gets really bad? Signed, Cash Cruncher Dear Cash Cruncher Fortunately we haven’t seen any Great Depression style bank runs due […]
Dear Dr. Per Cap: The coronavirus feels like our worst nightmare come true. I’ve been ordered to work remotely, schools are closed, sports are on hold, and stores are sold out of essential goods. My husband is a truck driver and I really wish he would take time off until things settle down. He says […]
Dear Dr. Per Cap: I haven’t filed taxes in three years. I dread this time of year because I always worry the IRS is going to come knock down my door. What can I do to get my taxes squared away? Signed, Dreading Taxes Dear Dreading You’ve taken the first step by acknowledging your situation […]
Dear Dr. Per Cap: You write a lot about investing. I know that’s important but most months I’m struggling just to pay the light bill. I work when I can but there aren’t a lot of jobs here and most pay minimum wage. What advice can you give someone who is having a hard time […]
Dear Dr. Per Cap: Last week I discovered three charges from Xbox on my debit card. Turns out my teenager purchased V-Bucks to buy “skins” and “dances” while playing Fortnite. $75 to buy virtual items in a video game! I didn’t know there even was such a thing. What’s this all about and how can […]
Dear Dr. Per Cap: I just bought a couch at Wayfair using Wayfair Financing – payments are $35 a month for 18 months which adds up to about $100 in interest. It reminds me of layaway that my folks used when I was a kid. Only I don’t have to wait because they’re shipping my […]
Dear Dr. Per Cap: 2019 was another great year for the stock market. I’m thrilled that my 401k balance is up but I keep hearing that the market is due for a “correction”. What exactly does that mean? Signed, Hoping to Retire Soon Dear Hoping Yep, 2019 was another banner year for Wall Street. The […]
