Archive for December, 2008
Tuesday, December 30th, 2008
Debit cards look like regular MasterCard and Visa cards but are linked to your bank checking account instead of a line of credit. They work like an electronic check. When you use one, the amount you spend is withdrawn directly from your account, usually after one to three business days. ...
Posted in How To Manage Debt | No Comments »
Sunday, December 28th, 2008
Credit cards can be a big convenience. You can charge a purchase when you don’t have the cash and don’t want to pay by check. Many credit cards also let you pay off purchases over time. Indeed, fully 70% of the nation’s 100 million cardholders carry balances from month to ...
Posted in How To Manage Debt | 6 Comments »
Sunday, December 28th, 2008
To fill out this worksheet, you’ll need to assemble your latest months’ bills and statements from lenders, credit-card companies, and stores where you have charge accounts. (ignore first mortgages on your home and credit-card accounts that you habitually pay in full).
Are You Too Deep in Debt?
For another way to see ...
Posted in How To Manage Debt | 3 Comments »
Friday, December 26th, 2008
We're done with our series on boosting your savings, now we're going to discuss about managing debt.
The classic Jimmy Stewart movie It’s a Wonderful Life has a touching scene where George Bailey, an ambitious dreamer, describes how loans improved the lives of folks in Bedford Falls. Henry Potter, the resident ...
Posted in How To Manage Debt | 2 Comments »
Friday, December 26th, 2008
The following table summarizes the important features of the most common tax-deferred retirement accounts. I really hope this will be of big help for you. Except for nondeductible and Roth IRAs and deferred compensation plans, all allow a tax break or its equivalent for your contributions as well as your ...
Posted in How To Boost Your Savings, Uncategorized | 1 Comment »
Wednesday, December 17th, 2008
Despite the fact that auto, home and health insurance rates are on the rise, there are always ways to save money on these necessities with a little ingenuity. In our free enterprise economic system, you can always find a better deal on anything by comparison shopping. The trick is to ...
Posted in Insurance, Uncategorized | 6 Comments »
Tuesday, December 16th, 2008
These gems will also speed you along the road to wealth. Not only can you get an immediate federal income tax deduction or its equivalent for your contribution, but over the years the effects of tax-deferred compounding can be awesome. For instance, if a 35-year-old earning $60,000 a year ...
Posted in How To Manage Debt | No Comments »
Sunday, December 14th, 2008
Here are the other ways to save money.
2.Skip one big expense a year. You might be able to realize some meaty savings simply by skipping your winter vacation, trading in your turbocharged sports car for an econo-box, or ditching your chichi health club membership and switching to the YMCA.
3.Hold ...
Posted in How To Boost Your Savings | No Comments »
Friday, December 12th, 2008
To give you an idea of how these automatic savings programs tend to work, here are details for the arrangements at five of the most popular low or no-load fund families.
Note: 1 Customary $2,500 minimum waived for automatic investment plan.
2 Waived for stock funds.
Mutual fund reinvestment plans. If you ...
Posted in Uncategorized | No Comments »
Wednesday, December 10th, 2008
One of the most effective ways to boost your savings is simply to cut your spending –and the topics here are loaded with ideas for ways to do that. Foe example, you may be able to free up some savings by raising the deductibles on your auto insurance policies, choosing ...
Posted in How To Boost Your Savings | 1 Comment »
