We hope you find these tips helpful for you and your family!
For most Americans, saving money is a necessity of everyday life. We clip coupons, watch for sales, and hope there’s not too much month left at the end of our paycheck. Today, the challenge is how to reduce spending on a longer-term basis. Here are some money-saving tips for everything from vacationing to laundering!
Airline Fares
Make sure your trip includes a Saturday evening stay over and purchase your tickets in advance. Consider using alternative airports and keep an eye out for fare wars.
Auto Leasing
Don’t decide to lease a car just because the payments are lower than on a traditional auto loan. The leasing payments may be lower because you don’t own the car at the end of the lease.
Auto Insurance
Raise your deductibles on collision and comprehensive coverage to at least $500 or, if you have an old car, dropping this coverage altogether.
Life Insurance
If you want insurance protection only, and not a savings and investment product, buy a term life insurance policy.
Checking
Select a checking account with a low (or no) minimum balance requirement that you can, and do, meet.
Credit Cards
Pay off your entire bill each month or use a check, cash or debit card for purchases.
Mortgage Refinancing
Consider refinancing your mortgage if you can get a rate that is at least one percentage point lower than your existing mortgage rate.
Telephone Service
Check your phone bill to see if you have optional calling services you don’t use. Dial your long distance calls directly.
Food Purchases
Shop at the lower-priced food stores. Convenience stores often charge the highest prices. You will spend less on food if you shop with a list.
Prescription Drugs
Use generic drugs whenever appropriate. When taking a drug for a long time, consider using a mail-order pharmacy.
If you are ready to buy or sell, or if I can be of service to any of your family, friends or neighbors, please call or email us anytime.