There are, of course, some essential purchases that we all need to make. While we’d like to spend all of our money on vacations and dinners at luxury restaurants, this, sadly, is not the reality of the world. Most of our money goes on things like housing, clothes, food, and modern essentials, such as our technology. All added together, these can add up to a pretty penny. It’s important to keep in mind, however, that you don’t need to pay sticker price every time. There are ways you can cut the costs of these essentials, as we’ll see below. Do Your Research One mistake that people make is that they only ever take the first price that they see. They might see the cost of, say, a data plan, believe that it’s acceptable, and agree to the deal. In reality, they may have been able to … [Read more...] about How to Save Money On Life’s Essentials
Finances
What You Need to Know About Credit Card Minimum Payments
Did you know most credit cardholders carry a balance from month to month? According to a recent survey from CNBC, 55 percent of American adults who have credit cards have debt. About one-fifth (22 percent) of cardholders with a monthly balance carry between $101 and $500. And about one-third (32 percent) of cardholders carry a balance between $501 and $2,500. Consumers carrying a balance have a few options: full payment, partial payment, minimum payment or no payment. Obviously, making no payment is the least desirable of these options. Doing so repeatedly will damage your credit score and send your account into delinquency. What about minimum payments though? Here’s what you should know about this option for repaying your credit card balance. Minimum Payments: The Basics Somewhere … [Read more...] about What You Need to Know About Credit Card Minimum Payments
Don’t Settle for an Inferior Car Even if It’s Brand New
The idea of buying a brand-new car that you can call your own might be exciting. It's one of the bigger milestones people consider in life. It's even a barometer of success for many people. Although you desire to have a new car, it doesn't mean you have to settle for any car model available. You have to be cautious about anything that you purchase, especially if it doesn't match your needs. Yes, price is a significant consideration, but it's not the only factor to consider. List your needs You have to determine the reasons why you’re buying a car in the first place. Do you intend to use it for work? Will the family use it to travel to distant locations? Are you going to load a lot of items in the boot or do you need more space for passengers? Once you know your priorities, you can … [Read more...] about Don’t Settle for an Inferior Car Even if It’s Brand New
Tips to Quickly Finish Your Car Finance Payment
Car financing is a practical choice since you will divide the cost over several months or years. Once your loan application gets approved, you can immediately drive the car. If you feel bothered by the idea of paying each month over a long period, you can find ways to expedite the payment of the loan. Check the terms of the loan Some loans allow you to make advance payments while others won’t. If you do, there will be penalties. Avoid loans that won’t let you pay in advance. You want to have the chance to pay any amount whenever you have spare money, before you spend it on other things. Request a higher monthly payment Even when you’re already in the middle of your payment cycle, you can request to restructure the loan. It means that you can ask for a boost in the monthly … [Read more...] about Tips to Quickly Finish Your Car Finance Payment
6 Methods That Will Help Improve Your Financial Savviness
In this life, we need to figure out a few things if we’re to get what we want out of it. Life isn’t just some game where you slowly drift through without a challenge; it’s something that you have to very much become educated in. We have all kinds of areas that need to be understood: social behaviour and laws, basic chores, and understanding ourselves are just a few. Another huge aspect of life that needs to be honed is the ability to work with money. Money rules pretty much everything we do in this world. It would be convenient if we could all get what we wanted with a snap of our fingers, but that’s not the world we live in, unfortunately. In order to get what we’re after, we need to pay for it. Money also determines the social standing of a particular person. If they’ve got … [Read more...] about 6 Methods That Will Help Improve Your Financial Savviness
Forex Trading Basics For Beginners
Forex is a form of trading that stands for the Foreign Exchange Market. It is the act of trading currency between countries and it is the largest market in the whole world for trading. So, if you aren’t too familiar with Forex and you are looking to learn, we’ve got a quick round-up of what Forex is all about and how we can trade a range of currency from flat to crypto (https://learnbonds.com/bitcoin-trader) on the FX market. What is Forex? As we mentioned, Forex is the market where currencies are traded around the world every single day by big banks, corporations and individual investors. The Forex market is responsible for exchange rate values and this is why you will see them changing every single day as people trade currency between eachother. You may notice that a currency … [Read more...] about Forex Trading Basics For Beginners
