For three or four months, keep track of where your money has been going. Look at the categories that cost you the most, typically groceries, entertainment, eating out and clothing. How can you do some things differently to cut 5-10% from those categories if you want to save money?
Haven’t saved for a down payment for a car and you need to purchase one right away, or not enough time to save additional money? Here are a couple of tips: know how much is reasonable for you to pay for a car and STICK to it; already have the features that are important to you selected; check your FICO score, the lower the number the higher the interest rate could be; call six different lenders, including your bank or credit union. Get a pre-approved loan, dealers will… Read More →
Have you checked the air in your tires lately? Best time to check the air in your tires is when they are cold, either before you drive or after the car has been stopped for 30 minutes. For every 3psi (pounds per square inch) your tires are under inflated they use 3% more fuel and increase the tire wear by 45%.
Time to do a check on your insurance discounts, which could mean huge savings for you and your family. Check your insurance for discounts: had no at-fault accidents or moving violations in the past 3-5 years; drive less than 7,500 miles a year; take a defensive driving course if you’re 55+ or a driver’s education class if you’re under 25; use the same insurer to insure your car, home, boat, motorcycle, life, etc.