Being a financial expert is not needed to control your personal finances. All it takes to preserve and even expand your financial assets are a little good fiscal advice and a touch of common sense.
Buying items on sale can add up to big budget savings. Saving with coupons should be more important to you than brand loyalty. Don’t buy your favorite brand name detergent if you can save using another brand’s coupon.
Almost every new product comes standard with warranty that covers 90 days from the purchase date, and some products are warrantied for a year. Chances are, if your item fails, it will do so within the time frame of the standard warranty. Extended warranties are just a way for the business to make an extra buck, but they’ll rarely be worthwhile for the user.
Be aware of IRS income tax deadlines. If you need money fast and anticipate a refund, file early. Those who owe money should wait closer to April 15th to file.
Set up an automatic savings plan with your bank so that a certain amount of money is transferred to a savings account each month from your checking account. This is a good way to put money away every month. This is a great way to get money saved up for future plans, such as a family vacation or a wedding.
If you are in collections, then your debt will someday be written off, even if you don’t pay. There are consequences to this, however, and you need to be sure you are ready to face them. If you think that a debt has expired, consult an expert. You may not need to pay the collection agency for the expired debt.
No matter who you are, you can save money, develop a budget, and achieve financial stability. By doing some rational thinking and heeding these useful personal finance suggestions, you will save, lower your debt, manage your expenses, and have of final control your finances.
There are tremendous opportunities for small businesses and social entrepreneurs to support their communities through community foundations, donor advised funds and other means of giving back. Find the neighborhoods in
Kalamazoo, Michigan where you can make the most impact on civic engagement in the community.