Luxist Giveaway: Financial Advice and a $500 AmEx Gift Card

by Rigel Celeste (RSS feed)
Feb 25th 2011 at 10:02AM

Enjoying the finer things in life often means spending money but a recent survey conducted by American Express found that a surprising number of people rate finances as a top concern and have questions about how to manage their money. Young people especially are having trouble, with 79% saying they feel overwhelmed by their current financial situation and more than half reporting they're still at least somewhat dependent on their parents or other family members to help pay bills. How do your finances stack up?

ZYNC from American Express wants to help and has launched "The Quarterlife Project," a collaboration between American Express and life coach/Gen Y expert Christine Hassler. It aims to help twenty-somethings navigate the confusing world of finance so they can have the life they want without getting up to their eyeballs in debt. Want some advice on how to best manage your spending? Post your money question in the comments section below and one question will be selected and answered on the site in video format by Christine Hassler. In addition all valid comments will go into a random drawing for a $500 AmEx gift card. Financial advice and free money -- what are you waiting for?

To enter, leave a confirmed comment on this post stating your financial question. See additional rules below.

THE GIVEAWAY IS NOW OVER. THANKS TO ALL WHO ENTERED!

* To enter, leave a confirmed comment below.
* The comment must be left and confirmed before March 4, 2011 at 5:00PM Eastern Time.
* You may only enter once.
* One winner will be selected in a random drawing to receive a $500 AmEx gift card.
* One financial question from the comments will be selected and answered in a video to be posted on the site.
* Open to legal residents of the 50 United States, and the District of Columbia, who are 18 and older.

See complete giveaway rules here.

Tags: american express, amex, financial advice, giveaway, luxist giveaway

Filed under: Services

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Reader Comments (Page 2 of 9)

msmarie Feb 25th 2011 2:08PM

The common college student, recent graduate and those looking into grad school often have student loans, credit card bills and living expenses to deal with. What are the best resources for us to reach out to and utilize to seek the best financial strategy plan to satisfy our obligations while looking forward to saving?

Robert Feb 25th 2011 2:08PM

At what age should one consider looking at purchasing long term care? What are the important things to consider here?

Robert Feb 25th 2011 2:10PM

At what age should one consider purchasing long term care? What are the important things to consider here?

(reposting for the*3rd* time as it won't take!)

neilp187 Feb 25th 2011 2:20PM

hi everyone. Do you think in the financial industry it is better to start trading stocks or commodities, because I would rather go to school for finance any day over accounting.

iwk Feb 25th 2011 2:25PM

At what age should I get a life insurance?

denigod Feb 25th 2011 3:01PM

What percentage of your monthly income should you spend on housing? (does it vary if you are renting v. owning?)

Okapi Feb 25th 2011 3:07PM

Is it better to own more shares of a lower priced stock or fewer shares of a higher priced stock?

booboo45666 Feb 25th 2011 4:06PM

I don't know what I'm waiting for.

talkmuch1 Feb 25th 2011 4:47PM

I'm in my late-20s. I already have money feeding into a 401k through my company, and have that maxed out with pre-tax dollars. I know one of my next options would be an IRA, or bond investment, but both are pretty conservative. I was wondering if there were other options that were more aggressive but didnt necessarily require the attention needed for playing the market.

Thanks!

culleyps Feb 25th 2011 5:20PM

Now this is great prize!!!

sgschm Feb 25th 2011 5:24PM

Is it more beneficial for me to bank at a federal credit union or a bank, and what are the benefits of my optimal choice?

Sue Feb 25th 2011 5:37PM

who couldnt use some financial advice? I know I would love it!

Rebecca Feb 25th 2011 6:03PM

I need advice on saving for retirement. Despite not having much to save beyond expenses, I've made saving a priority ever since I got out of school. My parents did well in cds back when rates were higher and gave me that advice, but the rates on cds now are dismal (1%).
I don't like taking risks, so are there other options that are low-risk but are likely to earn more? How brave should I be?