Money Saving Tips's blog

Financial literacy – Equipping yourself with financial information and avoiding debt

According to recent researches, it has been seen that thousands of college students are becoming financially literate in order to conquer their soaring debt burden. Given that all colleges or high schools offer students with little or no education on money management, it is crucial for students to equip themselves with the financial lessons that can help them stay away from high interest debts.

Buy a Car

Vehicle finance is not as simple as buying a car and getting a loan to pay for it. Vehicle finance is entangled with the warranty coverage, resale value, insurance costs, fuel efficiency and depreciation. It also has a lot to do with price. The cost of cheap financing is often built into the asking price of the car. The cost of cheap financing is often only on cars that are hard to sell. You want to buy a good car not just good financing. You need to be shopping for the best overall deal.

Is it bad to think always about money?

Answer to: Is it bad to think always about money?

This question can be put in perspective by using the Big 3 tools of personal finance to analyze it.

Do you have any tips on buying a fixer upper for long term?

Answer to: Do you have any tips on buying a fixer upper for long term?

Do I? I have a trunk full. We bought our house during the last big dip in the economy back in 1988. Prices took a dip and we thought interest rates were low…but not as low as they are now. These days in most markets except Canada prices are low and so are interest rates.

What steps should you take to avoid ignoring the investments contained in a retirement account?

Answer to: Often people don't monitor the value or reevaluate the investments contained in a retirement account. What steps should you take to avoid this situation?

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