Student loan interest rates may increase when the Federal Reserve increases rates in a few months. If you have a student loan check to see if you have a variable interest rate. Variable interest rates vary with the interest rates set by the Federal Reserve. If this applies to you, refinance your loan to save money over the life of the loan. Depending how much you borrowed this can translate to be thousands of dollars that you can save.
https://www.forbes.com/sites/zackfriedman/2018/04/13/student-loans-interest-rates/amp/
Did you know that credit scores will likely increase for many this week due to the new policy to remove tax liens from your credit report? If you are thinking about purchasing a new car, home, or boat will not be inhibited by the tax lien listing on your credit report. This may be great news for many, however if you do not pay your debts on time this will eventually catch up to you. Beware of this new policy it may only encourage consumers to be untruthful in reporting their outstanding debts to a potential creditor.
Yet again, Wells Fargo is subject to penalties of one billion dollars in fines for unsavory business practices. It is not surprising that Wells Fargo once known as Wachovia has an extensive ‘corporate rap sheet’.
http://money.cnn.com/2018/04/13/news/companies/wells-fargo-mortgage-auto-fine/index.html
It’s tax time! If you haven’t already opened an Traditional IRA, Roth IRA, or a 401k to save pre-tax dollars. If you already have a retirement account increase your contributions to reduce your taxable income for next year. Remember to receive a employer match you must contribute a certain amount to receive the match. For example, if your employer provides a match for up to 5 percent. You must contribute at least 5 percent, otherwise you are giving away free money.
Remember to SAVE for emergencies, SAVE for retirement, just SAVE!
Compounding interest works best the longer you are able to save. If an amount of $5,000 is deposited into a savings account at an annual interest rate of 5%, compound monthly, the value of the investment after 10 years can be calculated to be $8,235.05.
Here are nine ways to get cheap or free vet care for your pet. Office visits for your pet can be very expensive. Between routine visits and emergency care caring for your pet can be costly. Just like other businesses, vet offer specials. Visit websites such as PetCareRx, Doctors Foster and Smith, or 1-800-PetMeds. Also, Sam’s Club and Walmart also carry some pet meds. Remember to use reputable sites when shopping online and ask your vet if they can match the online prices. Don’t forget to spay or neuter your pet.
http://www.moneytalksnews.com/how-get-cheaper-free-vet-care/
SPRING IS HERE! Be creative with Spring shopping. Shop sales that offer buy one get one half price. Visit clearance and discount sections on your favorite websites for the best treasures. You may also get free shipping with many purchases. Web shopping allows you to compare prices without going to the mall. If you are adventurous, visit thrift stores to find accessories such as jackets, belts, or handbags.
What is debt avalanche? Debt avalanche pays the debt with the highest interest first. Also, known as debt stacking and is likely to pay off debts over a longer timeframe and save you the most money on interest owed. A debt snowball plan, in contrast, prioritizes your smallest debt first. The debt snowball allows the smallest debt to be erased first and meet goals much faster. Then you move to the next smallest debt and so on. Debt Avalanche OR Debt Snowball, which one will you choose?
https://www.nerdwallet.com/blog/finance/what-is-a-debt-avalanche
Most people overspend in these three areas housing, transportation, and food. Depending where you live in the U.S. you may or may not be able to save money on housing costs. Transportation and food costs can be modified by taking public transportation whenever possible and when purchasing a car consider buying a new/used car a year old with low milage. Also, limit how often you eat out. One meal at a restaurant can equal the cost of one or two cooked meals at home.
There are ten things that one must do to attain lifelong financial stability. Having the following products are key:
Each of these products is essential to secure your personal finances and protection against accidents or emergencies.
https://www.moneytalksnews.com/you-cant-financially-secure-without-these-10-products/