Common Debt Management Myths (Guest Post)
Debt management skills are in great demand at the present time, especially for numerous consumers who find themselves buried beneath a mountain of credit card and other unsecured debt. Debt problems such as these can take on a life of their own and grow to nightmarish proportions when not managed appropriately. Beyond the sobering financial consequences they can exact, debt problems can also disrupt the personal lives of those involved and eventually assume “center stage” among their priorities. Before a debt problem has a chance to develop into an issue of this magnitude, consumers are well-advised to seek out possible solutions and to consider them carefully, finding the one that makes the most sense for their particular needs and circumstances. Along the way to finding the right debt solution, they are almost certain to encounter some well-worn myths. It is hoped that in exposing them here, it will help readers to sidestep them and to move on to other solutions that are actually worthy of their consideration. Here are some of the most often repeated myths:
Why Think About Car Insurance When Shopping for a New Car?
So you have finally decided that it’s time to get a new car. There truly is so much to consider when shopping around for the right vehicle. And if you’re like most of us, you have a budget to think about. One of the main factors that will be on your mind is the car’s monthly payment.
You’re looking for a vehicle in your price range, and shopping around for that low interest loan. Right? How much of that budget are you planning to spend to bring the right vehicle home? Well, before you make any decision, be sure to take into account your possible car insurance costs. Finding the right auto insurance policy to match your new purchase will save you plenty of cash and heartache in the long-run. So, what should you consider before making this decision?
Five Ways to Save Money For Your Down Payment (Guest Post)
If you want to be smart with your money, staying out of debt is critical. Debt comes with interest attached, and paying interest is like paying for the money itself. This is redundant spending.
The conventional home mortgage is the most dramatic example of redundant spending as a result of interest. In a 30 year mortgage, at a 5% interest rate, you’ll likely pay for your home in full almost three times before the end of the loan term. That’s steep.
There are three ways to reduce this redundancy and save money.
Why The Best Cash Back Credit Cards May Be The Most Harmful (Guest Post)
Everyone knows that credit cards can be dangerous… they make it easier to spend beyond our means and rake up high interest debt. According to New York Times bestselling author Dave Ramsey, when people pay with plastic, they spend 12% to 18% more than they would with cash. Now let’s take that concept a step further… if people spend more with credit cards, will they spend even higher amounts if they are getting cash back or points on those purchases?
Enjoy Your Money: How To Make It, Save It, Invest It and Give It (Book Review)
The first thing about this book is that it is based on the story of the Counter Culture Club, which is a group of young students who were working with an older mentor. The group gleaned a lot of knowledge from this older lady and went on to apply what they learned in their financial lives and ended up being very successful.
The four students came from different backgrounds but the one thing they had in common was that they were not satisfied with their current finances and wanted to do something to change.
Get the facts you need to save hundreds on your auto insurance.
There are plenty of auto insurance companies out there to choose from. And each one will tell you they can save you money. That’s why it’s important to make informed decision about your auto coverage.
Rates can vary by hundreds of dollars or more from one company to the next — even for the same coverage limits and deductibles. And companies make it remarkably easy to get a quote. That’s why it pays to shop around. Just follow these steps.
Fact #1: It pays to shop around.
Home Remodels in a Recession: Make Every Dollar Count (Guest Post)
When it comes to remodeling your home, you may think you need thousands of dollars in extra cash (or an outrageous home equity line) to get the job done. This is absolutely not true, unless you’re shooting for the picture in the Better Homes and Gardens Magazine. In reality, there are all kinds of ways to save on home upgrades if you just do a little legwork. And a recession is a great time to start because you can take advantage of bargain-priced products and merchants who are dying to get your business. So here are a few simple ways to cut your costs when remodeling your home.
Join PineCone Research
One of the ways to save money that I talk about is actually a way to make more money. PineCone Research is looking for new members to take surveys and test products and earn money.
All you have to do is sign up and they will send you short surveys to fill out and then you can earn cash for your efforts. They pay by check but the surveys take about 5 to 10 minutes and are very simple to fill out. Only one person per household may register as they track an address as one entry. So if there are multiple people in your household only ONE person may register or all other accounts with that address will be voided.
