Mortgage is a kind of debt. Just like other debts, you face a dilemma whether to shrug off the burden of your mortgage payment earlier or not. Two primary factors are of importance in this case and these are interest rate on mortgage debt and amount of estimated return from an investment. These days, financial institutions clamor about offering low interest on mortgage loans. In such financial environment, you may be tempted to take out a low-interest loan in times of heavy needs. However, I will suggest that you should consider this option as the last resort. As per experts’…
Author: Tina Roth
We all have “friends” online who we’ve never met in real life. Sometimes they’re Facebook friends, or people we’ve had lengthy back-and-forth discussions with on forums or in comment sections. These virtual friendships are a nice way to connect with people you wouldn’t otherwise meet, and I’ve found they can be mutually rewarding in other ways as well. Here are six ways you can save money with your online friends: Join local buy/sell/trade groups Buy/sell/trade groups on Facebook are increasingly popular and an excellent way to save. They’re like an online garage sale where you can list items you have…
Have you recently moved to a metro city from a small town or a rural area? I know you were overjoyed during the time of shifting in hope that you would be able to enjoy the fast-paced life. However, with only a couple of months gone, you now find it hard to cope with higher living index in a metro city. Rent and other household expenses are eating into the lion’s share of your income, leaving you with almost nothing for saving. However, things are not as bleak as you may be thinking. In fact, if you wisely make a…
Online shopping is instantly gratifying for those who don’t want to sacrifice comfort of their home in order to buy something. There is no doubt that it entertains even those who love to buy and bargain at brick and mortar stores. On the downside, online shopping can drain out money of even the most seasoned and smartest buyers. There is no denying the reality that online shopping gives you ultimate comfort of buying from your home. However, if you click ‘buy’ before educating yourself, you must be prepared for the worst to come. During early days of online shopping, I…
When it comes to planning for future, you will find a very few people taking the matter seriously. If you hope to witness a different picture for retirement plan, you will come in for surprising frustration. Several studies have been conducted in this regard and suggest that most of the people hang up their coats and boots without being fully confident of their retirement. Studies reveal further that majority of people consider that taking retirement at the ripe of age of 60 or more is not a realistic idea as there will be not much of time to enjoy life.…
Every business big or small should be able to manage their expenses at a great ease. Keeping a precise records of your business cash flow would help you understand how your business has been doing, when would it expand and how independent can it be. And while this is might not be necessary it is something that should not be ignored. Your business accounts and personal accounts are two different things and they should therefore be kept independent of each other. Managing your business expenses is the only way to determine the strength and independence of your business. Given here…
Everyone says “home sweet home.” They say it for a reason. Home is the place where we unwind after a hectic day at work. Where we see our kids grow. It’s a world of our own where outsiders don’t have entrance, unless we allow them. Home insurance reminds us of unfortunate incidents. Fire, hurricane, any other natural calamity – these are every homeowner’s worst nightmares. Paying the insurance premium (which is often a hefty sum), is also a concern for many. But just as bitter pills are taken to keep us healthy, home insurance is there to ensure there’s always…
Whether you have been living in the same home for a long time, or you have just recently moved in, there are few things that would need an upgrade or repair as time passes. It could also be that you plain out hate a part, or a room of the house and wish to change it as soon as you have enough finance. The idea of renovation requires clever planning and a lot of finance from your side. You are going to have to spend a lot from your savings in order to get the damaged part repaired or to…
In case you hadn’t noticed, it seems that every month, a stack of ads appear in your post and email inbox on the same day you get paid or your pension check arrives. This is, of course, intentional, as merchants scramble to get your last pound before some other store gets it. Those ads often contain some real markdowns, and if you’re smart, you can save yourself a lot of money by taking advantage of them. We won’t get into a discussion of your relative smartness (or lack thereof) here, but a few tips on getting the best deals through…
I can tell it from my personal experience that most of the credit card holders labour under a misconception that buying new cards will ease burden of interest on the existing ones. I prefer shuffle of what you have and believe me, you can cut down around 75% of cost without a new purchase. What you need is to be wiser while spending cash and if you can ensure that, it will do you a massive and magical saving without additional supply of any new credit card. Listing of Existing Debts Start with assessing where you are currently now from…