If you find yourself in a mountain of debt, it can be hard to figure out how to
pay all of the bills that you owe. Sometimes, it is necessary to swallow your
pride and ask for help in these situations. Read this article for more tips on
Most products come with either 90-day or one-year limited warranties, and if a
failure is likely to occur, it will probably do so within that time. Extended
warranties are just a way for the business to make an extra buck, but they’ll
rarely be worthwhile for the user.
Make the move to local banks and credit unions. Your local bank and lending
institutions will have more control over how they lend money resulting in better
rates on credit cards and savings accounts, which could then be reinvested in
your own community. All of this, with good old-fashioned personal service!
To avoid surprise deductions from your checking account, access your account
online at least once a month. Scroll back through the previous month and make
note of all the recurring automatic deductions from your account. Go ahead and
deduct those in your check ledger now – even if it puts you in a negative
balance. The money won’t be gone until the debit is posted, but you will know not
to spend money on unnecessary items until you have built up enough of a balance
to cover your recurring automatic debits.
Every time you get a raise, set aside at least half of the new, after-tax
increase for saving more each month. You will still enjoy a higher income and
will never miss the extra money which you were never used to spending. It is even
better if you set up your paycheck or checking account to transfer the money to
If you invested or saved the $25 that many people spend weekly on lottery
tickets, you would definitely have more money. You will then know the money will
be there and grow instead of flushing your money away!
Although one would never expect it, money can be made from spiders. Not just any
spiders, but select tarantulas that are in high demand in the pet trade, can
yield great benefits to one’s personal finances, if one chooses to breed them. If
a person has an interest in spiders, they can use it to their gain.
Put timers on your electrical lights. It is amazing how much leaving one or two
unneeded lights burning in the house will inflate your electrical bill over time.
Children, in particular, have problems remembering to turn lights off. In rooms
like the bathroom, where time spent there is minimal, timers can really pay off.
Instead of overwhelming yourself with debt, prioritize your spending and keep any
receipts or bank statements. This way, it is easier to track how you spend your
income. Remember the tips in this article, so that you can make the most of your
yearly income, no matter how much you make.