Archive for March, 2008
The Difference between APR and mortgage loan rate
There is a substantial difference between APR and the mortgage loan rate, although most banks will be reluctant to tell you this. The mortgage loan rate is simply the amount of interest charged on the loan with no other costs included. For example, a loan with a rate of 6% would mean that you pay [...]
Read Full Post | Make a Comment ( 1 so far )Should you buy a loss damage waiver for rental cars?
Rental cars come with piles of legal information and liability forms that look like they’re written to confuse the customer. Renting a car can be a difficult process and put you literally in the driver’s seat when it comes to damage liability.
What is it?
A loss damage waiver is essentially an insurance policy purchased from the [...]
How to write off thousands in interest costs
Tax time is here and in full swing, and if you’re like the average consumer, you likely paid thousands in interest and other charges due to high debts. Now there is a way to consolidate your debts into one low interest monthly payment and still be able to deduct the interest.
Home equity lines of credit [...]
Are refurbished electronics a worthy investment?
Refurbished products abound, are they really worth the savings. The short answer is yes.
Refurbished products are products that have been returned to the manufacturer after difficulty with use, problems with the device or simply the wrong product was shipped. Most of the time, refurbished products are gutted then rebuilt and sold again as refurbished. Many [...]
Coupon clip like a pro
Finding and clipping coupons is a quick and easy way to save on products you buy anyway. Most name brand companies publish coupons in an attempt to promote their products, or to make them more appealing to the everyday savvy saver. Some coupons make buying the name brand cheaper than buying a generic– those are [...]
Read Full Post | Make a Comment ( None so far )Tips to saving on gasoline costs
Gasoline is very expensive, and there is not much hope of it getting cheaper any time soon. There are some methods to saving money on gas, even if the prices are sky high.
Lose some weight
You should first look into your own car. Leaving folding chairs, groceries, and salt in your car increases its weight and [...]
Why the stock market will continue to fall
The stock market is in a frenzy over the possibility of a US Recession and a slowdown in economic activity. To understand all of this data, we must first know the definition of a recession.
By definition, a recession is three consecutive quarters of negative GDP growth. GDP is the consumption + gross investment + government [...]
How to easily save $100 per month
Saving an extra $100 per month will give your budget additional flexibility. There is a lot you can do with $100, such as paying down high interest debt, saving for future expenses, or even a luxurious vacation.
Cut the luxury
Small luxuries are the first place to look for cuts. Look into your wallet at [...]
Finding the best CD rates
Shopping around for the best interest rate can be a tedious task. Minimum investments, investment periods and thousands of banks make shopping for a CD a difficult process.
Stay away from corporate banking
Local for profit banks are generally the last place to look. These banks are heavily taxed, unlike credit unions, and are out to [...]
