Living on the budget is not all about just counting pennies. To save money, you need do your homework and to know how to do research on each of your planned big purchases. Here’s a quick but useful guide on how to investigate if both the seller and the item should be considered.
Medical expenses are one of the leading causes of bankruptcy proceedings in the US. In 2007, 57 million people were in families who had problems paying their medical bills according to this article by Peter J. Cunningham. However, there are ways to cope with the rising costs of medical care. I was born with Spina bifida in 1979, and I’ve had a lot of experience in the medical care “system”. I have a few tips to share with you, and by following them some of your burden will be lifted.
Credit scores are important when you want to borrow money or get a new credit card.
They’re important when you want to rent an apartment or a house, since the landlord will usually run a credit and background check on you before they’ll hand over the keys. If you thought all those people checking their free FICO credit score were wasting their time, you might be surprised to hear that it affects more than loans.
If you thought the importance of your credit stopped there, unfortunately, you’re wrong. There are several places where your credit score and your credit history can have an affect, even though it has nothing to do with you borrowing money.
In late June President Obama signed into law the the Car Allowance Rebate System or as it’s also known: Cash for Clunkers. This is a program that encourages people to trade in their cars for more efficient models. It also helps to stimulate the economy (similar to the first time home buyer tax credit) at a time when car sales are lagging.
The program runs from July 1st through November 1st 2009. Cars traded in during that time could be eligible for a credit of either $3500 or $4500 depending on the car and the increase in mileage the new vehicle provides.
Have you ever kept money secrets from your spouse?
Do you have a bank account they don’t know about; maybe a credit card? What about little white lies such as the actual cost of something you bought?
Why do we keep money secrets from our spouses? What do you have to hide?
Here are some of my thoughts why we would keep a money secret:
Are you a member of AAA (American Automobile Association)?
They provide benefits such as roadside assistance, towing service, flat-tire service, battery service, and more for a registered driver. But did you know that AAA provides tons of great discounts as well?
We’ve had AAA now for years. I had heard that AAA offered discounts and every now and then I’d check the site out. Not sure why but I kept forgetting about their discounts. Well no more! I’ve been checking their discount page often recently. Every time we plan to take the family to an attraction I’ll check the AAA discount page (this brings you to the NY page) first to see what discounts they offer. Recently we’ve saved on Bronx Zoo and Intrepid tickets and we’re looking into Sesame Place discounts too!
There was a time I spent a little too freely. I’d buy things when I wanted and worry about paying for it later on. For lunch I’d go out with the intention of window shopping to waste some time but come back with a sweater and new pants instead. It felt good when I’d buy something but the feeling would wear off especially when I’d get my credit cards bills which were slowly adding up in the thousands.
I’ve since curbed my spending ways (somewhat). But every now and then the itch returns and I get the urge to splurge. The frugal/saving side of my wants to let go. It’s like you see on a TV show when the devil and angel both appear on one of my shoulders and they argue it out. The angel usually wins out but sometimes the devil makes a good case!
So here are some confessions of a recovering spendaholic. These are things I sometimes think about and get the urge to spend on. I usually hold myself back but other times…