Buying a new car vs a used car is different for everyone. It’s more than price or value or that new car smell. It’s what feels best for you. New cars have obvious benefits like they are made to order – you can pick out whatever you want from number of doors to engine to color. And you are overjoyed that everything on the car is new : smell, no … [Read more...]
New vs Used. Which is for you?
Use Your Home to Secure a Low-Interest Home Equity Loan
A home equity loan, sometimes called a term loan, allows you to borrow money against the value of your home, if your home is worth more than you owe on it. It is a one-time lump sum of money that is paid off over a set amount of time, with a fixed interest rate, and the same payment each month. Once you get the money, you cannot borrow further … [Read more...]
Rules of Home Buying
Owning your own home… it’s part of the American Dream. Whether you want a large yard with a white picket fence or a condo in the center of downtown, you’ve got to pay for it, and this is generally done through a home mortgage. Mortgages can seem daunting…so much paperwork, signatures, and amortization schedules. To make it easier, we have come … [Read more...]
The Best Way to Pay off Credit Card Debt
Credit card debt can take over your life before you even realize it, especially if you have more than one card. A shopping trip here and there or eating out a couple of times a week may seem harmless, but the balances can quickly add up! Add in high interest rates that compound over time, and you can find yourself at the bottom of a debt hole, … [Read more...]
Save money by shopping around for a new auto insurance policy
Shopping around for a new auto insurance policy is a simple way to save money. Start out by getting three quotes from companies, you can call them directly, find information on the internet or even ask your friends and family. You might consider looking around every six to twelve months as circumstances often change. One of the easiest ways to get … [Read more...]
Bought a lemon? Extended warranties can protect you.
If you bought a lemon, turn lemons into lemonade by purchasing an extended warranty for your car. Extended warranties, which cover the cost of repairs after the manufacturer’s warranty has expired, are available for both new and used cars. Most plans run three to five years after the manufacturer warranty has expired. Coverage can vary between … [Read more...]
How to get the most for your trade-in
Before you do any research, think about if it’s the right time to try to trade-in your car. For example, when gas prices increase, larger cars like trucks and SUVs are less in demand. Also, if you owe more on your car than what it’s worth, you won’t be in a good position to negotiate. Once you decide to make a trade-in, the first step is to … [Read more...]