For many people, spending money is more exciting than saving. Even if this is your belief, it doesn’t mean you should spend every less dime without ever putting any money in the bank. There are many reasons why people neglect to save, with this being one of the biggest culprits: they don’t know what they are saving for. Here are five things you should be saving for: 1. Retirement. At some point you will want to...
When you step foot into a local grocery store or order pickup or delivery online, you will have two things on your mind: Finding and buying everything you needSaving money along the way It is easy to put a variety of items in your cart. It is not so easy to check-out, knowing that the final total could be more than you wanted to spend. With this day in age, things are just plain out getting...
Are you considering the thought of refinancing your mortgage? Before you make a decision, take a strong look at the potential advantages of doing so. There are times when this makes good sense, and times when you would be better off sticking with your current loan. The decision is up to you, however, you have to know how your finances will be impacted regardless of the decision you make. Lower your Interest Rate Let’s face it:...
Are you buying car insurance for the first time? Are you interested in changing to a new provider for one reason or another? If you answer yes to either question, you know that finding affordable, quality coverage is extremely important. As challenging as it may sound, there are steps you can take to find an affordable policy, without giving up anything in terms of coverage. 1. Request multiple quotes. Believe it or not, there are people...
Being frugal is easier said than done. Even though you may be interested in saving money, no matter what it takes, if you don’t have the right mental approach you will find yourself coming up short. Once you change your approach, it will not be long before you are realizing the benefits of living a frugal lifestyle. In fact, you may soon find that this is easier than you ever believed possible. Getting in the right...
Creating a budget is a big step on the path to a better financial life. However, maintaining your budget is even more important. Even if you start with good intentions, over time it is possible to get off track if you don’t know what you are doing. To ensure your success, here are three traits that will help you stay the course: 1. Motivation. Are you motivated to do the right thing in regards to your...
When you look at your emergency fund what do you see? While some people are happy with the amount of money they have saved, others come to realize the following: they need to make up ground in a hurry. Nobody wants to be faced with an emergency, but you never know what is going to happen in the future. Why not prepare for the worst but hope for the best? Here are three reasons why you...
With 2020 finally over, it won’t be long before you turn your attention to the new year. This means many things, including a focus on your finances. For some, buying a car in 2021 is one of the biggest decisions they will make. If you find yourself in this position, here are five tips you absolutely need to follow (you can get started today): Set a Budget Although you may not be purchasing right away, don’t...
Has the thought of buying a new car overcome your mind? Are you ready to make a deal happen? While you don’t want to kill your excitement, it is important to first consider what you are doing from a financial point of view. Here are three financial questions to answer before signing on the dotted line: 1: Would you be better off purchasing a used vehicle? This is a question many people struggle to answer. The...
As a homeowner, you've likely heard the phrase “home equity” thrown around and you may even be considering using the equity that's accumulated in your own home. Using the equity in your home can be a great financial move for a variety of reasons. This is especially true as there are few limitations as to what it can be used for. The most important factors of home equity are understanding what it is, how to acquire...
