10 Ways to Save Money Each Month

Written by adminOctober 26, 2017
Credit & Debt Settlement

Saving money can seem nearly impossible when you don’t know what steps to take. Start with these 10 ideas to start spending less every month.

1. Consolidate Your Debt

If you have several types of debt, you can consolidate it into one account with a lower interest rate. Once you consolidate your loans, you only have to make one easy payment per month. As long as you get a lower interest rate, you could save hundreds of dollars a year.

2. Refinance Your Car Loan

Car loans don’t seem expensive when you get them. Those monthly payments add up quickly, though.
Talk to several banks in your area about refinancing your car loan. If one of them gives you a lower interest rate, then you can make your monthly payments more affordable. Even a few dollars each month will make a difference.

3. Find Cheaper Car Insurance

Take a few minutes to search for cheaper car insurance. Call your insurance company to ask them about a lower rate. You may have to increase your deductible, but it’s worth it as long as you don’t have an accident.
You should also get quotes from other insurance companies. You never know what kind of deals you’re missing until you get offers from several companies.

4. Consolidate Student Loans Into a Lower Monthly Payment

Repaying student loans can make it difficult for graduates to start saving money. You can often lower your monthly payment by consolidating your student loans.
When you consolidate your student loans, you could lock in a lower interest rate. Plus, you’ll only have to make one payment per month instead of worrying about loans from several lenders.

5. Use a Credit Repair Program to Get Lower Interest Rates

It’s hard to repair bad credit on your own. Consider talking to a credit repair program that will negotiate lower rates on your credit cards, loans, financed purchases and other debts. It helps to have a pro on your side.

6. Look for Cheaper Health Insurance

You can also save money by getting cheaper health insurance. Try looking for plans that don’t cover as many medical services. You can also increase your deductible to lower your monthly payment.
As long as you don’t get really sick or hurt, you won’t even notice the higher deductible.

7. Buy a New Car With Lower Payments

Sell or trade in your current car so you can get a vehicle with lower monthly payments. You’ll need to research several cars to make sure you save money, but it’s worth it. Plus, driving a new car means that you don’t have to pay a mechanic to fix mechanical problems that happen in older vehicles.

8. Get a Payday Loan Advance

If you can’t afford to pay your bills one month, get a payday loan instead of letting your credit report take a hit. Make sure you repay the lender as soon as possible, though, to avoid extra charges.

9. Find a New Credit Card With a Lower Interest Rate

It pays to shop around for a new credit card that gives you a lower interest rate. You’ll see a big difference in your monthly bill even if you only knock off a few percentage points.
Look for cards that will give you an interest-free trial period. That way, you can start paying off your debt without worrying about interest.

10. Take Your Lunch to Work

Grabbing lunch at a restaurant gives you a break from the workday, but it also costs a lot of money. Eating out for lunch costs about $11, so you can easily spend $50 from Monday to Friday. Taking your lunch only costs about $6.50.
Pack your lunch everyday to save about $90 a month.
It doesn’t take a lot of effort to save money when you know how to do it right. With these tips, you could start spending less and saving more!!

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10 Ways to Save Money Every Month

Written by adminOctober 26, 2017
Credit & Debt Settlement

Most Americans are interested in ways they can save money every month to pay off debt more quickly or put savings aside for their futures. Here are just ten ways you can save a little each month.

1. Keep a Budget

The first step in saving money is tracking how you spend it. When you start keeping a budget, you can begin to see where you’re spending too much. You may find you could cut back on eating out, start clipping coupons or skip that morning coffee habit to save some serious cash.

2. Consolidate Your Debt and Student Loans

The next step in saving is to track all your debts. Once you have a handle on how much you owe and what your interest rates are, it may make sense to consolidate your debts at a lower interest rate. This saves you money in the long term on interest payments and cuts down your minimum monthly payments.

3. Shop Around for Auto Insurance

Auto insurance companies will raise your rates every year. It’s a good idea to switch providers regularly to negotiate for lower rates. Also consider paying quarterly or annually to save money in the long run.

4. Decrease Your Monthly Car Expenses

Now that you’re tracking your budget, you may find you’re spending too much money on your car – either in monthly repairs, gas or your monthly payment. Consider making a change to your auto expenses by buying a different car that won’t cost as much in those categories or driving less to save on your gas bill.

5. Cut Out High-Interest Credit Cards

After you’ve tallied all your debts and interest rates, you may find some of your credit cards come with high interest fees. On top of that, your minimum payment covers mostly interest, which means your principal balance could take a very long time to pay off. Consider moving your credit card balance to a provider who will offer you a lower interest rate.

6. Enter Into a Credit Repair Program

If your credit is in bad shape, you may want to look into applying to be in a credit repair program. These programs allow you to get lower interest rates on your debt so you can work on rebuilding your credit score. Overall, you could save money and be in a better place financially to make important purchases down the road.

7. Lower Your Health Insurance Costs

Health insurance costs can be costly expenses. Talk to your HR representative at work (even if you only work part-time) or shop around online if you have insurance from the Health Insurance Marketplace. There may be a tax incentive or benefit you’re missing out on that could save you money.

8. Implement a 30-Day Rule

The biggest way to save money each month is to not buy things you don’t need. If you’re trying to get control over a shopping habit, try a 30-day rule, where you don’t buy anything until you’ve wanted it for 30 days. Keep a list of purchases you’d like to make and evaluate them over the next month to see if they’re things you really need.

9. Consolidate Your Student Loans

If you’re one of millions of college graduates who feel overwhelmed by your student loan debt, consider consolidating your loans. Through this process, you can merge multiple balances into a single balance to lower your monthly payment, interest rate, or both. It’s a great option for graduates who are struggling to make a dent in their overall loan debt.

Stick to a Grocery List

Rather than buying without a list and when you’re hungry, plan your weekly meals and stick closely to your list to avoid overspending at the grocery store. Also try sticking to the perimeter of the grocery; produce, dairy and proteins are both healthier and more cost-effective than processed foods in the center aisles.

If you’re looking to trim your budget, consider trying one, two or all ten of these simple money-saving hacks.

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10 Easy Ways to Keep More Money in Your Pocket

Written by adminOctober 16, 2017
Saving


When you’re already living paycheck to paycheck, it can seem impossible to save money. The usual sites offering financial advice aren’t too useful either with their suggestions for better stock investments and squirreling away hundreds of bucks a month. Well, we’re here to help with a few of our favorite tips you can actually use. They won’t make you rich, but they’ll help you stretch your dollar a little bit further and give you some breathing room.

1. Student Loan Consolidation

If you have multiple student loans from different years, reach out to your lender or one that specializes in refinancing and consolidate them into one. You’ll usually get a lower interest rate that will allow you to pay down debt faster.

2. Credit Card Debt Consolidation

Look around for a new credit card with a balance transfer promotion of 0 percent or very low interest for a set amount of time. Transfer all or part of a balance from your highest APR card and pay it off. Just be sure to transfer only what you know you can pay off before the promotional period ends.

3. Get a Card with a Lower APR

Get a credit card with the lowest APR possible. Whatever you do, don’t get behind on it; that can trigger late fees and a penalty APR that could even affect your card rates with other lenders.

4. Repair Your Credit

The better shape your credit report is in, the better credit card terms you can expect. This means lower rates, higher credit limits and sometimes extra perks like cash back. If your credit could use some help, look into a credit repair program to help get your credit back on track.

5. Reduce Health Insurance Costs

Generally speaking, the healthier you are, the less expensive you are to insure. Doing things like stopping smoking and drinking and losing weight make you a better bet for insurance companies. Make sure your progress is noted in your annual physical and then contact your insurer for a review.

6. Reduce Car Insurance Costs

The safer you drive, the better your insurance rates will be. If it’s been a while since your last accident or traffic violation, contact your insurance provider to negotiate a better rate.

7. Refinance Your Car Loan

If you’re still making payments on a car you bought when your credit was worse, contact your lender to ask about refinancing your loan at a lower APR. If they won’t play ball, threaten to refinance through another bank. If that doesn’t work, take your business elsewhere.

8. Buy a New Car

Let’s say you’re not actually making car payments. Instead, you own a beater you’re dragging into the shop every week. It sounds counterintuitive, but you might look into buying a brand-new car. Not only will you have a much more reliable ride, but new cars will stay under warranty for a number of years, meaning less money you have to shell out for repairs and routine maintenance.

9. Get a Prepaid Phone

Traditional cell phone contracts often include all sorts of unnecessary extras you never use, so why are you paying for them? Prepaid service is just as reliable and often much cheaper than a contract. You do have to pay for the phone upfront instead of getting it free with a new contract, but you’ll save money in the long run by only paying for the services you actually need and use.

10. Cut the Cable

You’re paying a premium for all those cable channels that never show anything you want to see. Well, it’s time to break up with your cable company. You can keep it for internet service, but cut out the TV subscription. Sign up for online streaming platforms like Netflix, Hulu, Amazon Prime and others to watch what you want at a fraction of the cost of a monthly TV cable bill.

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10 Quick Ways to Save Money Each Month

Written by adminOctober 16, 2017
Saving


Getting into debt seems like it is something that is easy to do. When you try to get out of debt, that is when the real work starts. Here are 10 ideas to help you reduce your expenses when it is time to take control of your finances.

1. Consolidate your debt into a lower monthly payment

Consolidating your debts into a lower monthly payment can save you money. Instead of having to try to pay multiple payments, everything that you include in the consolidated payment will be paid with one convenient monthly payment. In most cases, this can help you score a lower interest rate than what you would pay on individual bills.

2. Refinance your car loan

A refinanced car loan starts out at a lower amount than a new car loan. This can automatically lower your monthly payments, especially if you are able to extend the life of the loan some.

3. Lower your auto insurance payment

Take a look at the car insurance payment you are making. You might be able to increase the deductible or decrease the coverage to lower the payments. Shopping around for car insurance might also be beneficial.

4. Consolidate your student loans into a lower monthly payment

If you have multiple student loans, you can likely get them all transferred into one monthly payment. Some federal repayment plans are based on your income so this might help you out if you are at a lower income rate.

5. Enter into a credit repair program

A credit repair program is a good idea if you have already missed some payments. These programs can often help you to get a lower interest rate, especially if your debt is at a high-interest rate, such as 25 percent or higher. You should make sure that you are working with is a legitimate company by checking with the Better Business Bureau and other agencies.

6. Lower your health insurance costs

If you don’t have any health issues, lowering your health insurance costs can help you to save money each month. Get a policy that has a higher deductible or one that has only basic services covered. This isn’t a good idea if you have health issues since you might end up with uncontrollable medical debt.

7. Buy a new car

Car repair bills can get expensive. If you are spending more on repair bills than you care to admit, it might be time to get a new car. This might seem more expensive at first; however, you might find that a car payment is less expensive. Plus, you will have a more reliable way to get to work and run errands.

8. Get a payday loan advance

A payday loan should be one of the last things that you consider if you need to come up with money fast. These loans often come at a higher interest rate, so carefully consider your other options. Of course, if you have an emergency, this might be a feasible option for quick cash if you know you’ll be able to repay it quickly.

9. Get a new credit card with a lower interest rate

A new credit card might seem counterproductive when you are trying to reduce your monthly bills, but it really isn’t. Many new credit cards have a 0-percent interest rate during the introductory period or for balance transfers. This fact alone might be able to save you some serious cash each month.

10. Reduce your employment costs

They say you have to spend money to make money, but you shouldn’t have high employment costs when you are working for someone else. Reducing the costs of your job can entail bringing your lunch instead of eating out and hitting up second-hand clothing stores for things to wear. If you need transportation to work, see if a co-worker will get you instead of shelling out money for transportation costs.

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The Plight Of The Middle Class And How Credit Repair Can Help

Written by adminApril 24, 2017
Credit & Debt Settlement

*This is an advertorial*

Life can be filled with limitations when you have bad credit, and I recently learned how to screw and un-screw myself out of credit nightmare. Putting everything on a charge card turned out to be a terrible decision, and when the government threatened to start garnishing my wages, I was forced to pool everything I had to make a one time payoff on one of my student loans, which actually had a negative impact on my score because I settled. I was bankrupt and I was just starting out. As my score dropped, the banks sent cancellation notices for all of my credit cards—even the ones I always paid on time. It seemed like big banks had just turned their back on me.

My husband was forced to face his credit barriers when his car transmission died out of warrantee. When the car salesman pulled his credit to see if he could get approved for a lease, he shook his head in shame. It showed a score in the low 500s, a high debt to credit ratio, and poor payment history because of medical bill charge-offs from when his appendix ruptured. 

We needed better credit, which I thought meant waiting 7-10 years for negative items to be removed. As it turned out, fixing our credit was painless because there are services out there, like CreditRepair.com, that are meant for people like us. CreditRepair.com works directly with the credit bureaus and your creditors to help you get unfair items removed from your report and get you back on track for a clean financial future. They understand that life can get out of hand, and that sometimes, trustworthy candidates can get screwed out of good credit scores in the process. Plus, they do all the legwork for you.

I signed up for CreditRepair.com just two months ago. On my consultation call, Skye, my personal CreditRepair.com representative, worked with me through the process, answering my questions with patience and knowledge. She made me feel confident that together we could accomplish everything I’d sought out to achieve. She explained that for most items she saw on my report, they would send their lawyerly “challenge letters”, to which creditors have to respond or refute, or the items get removed. CreditRepair.com has methods of getting creditors to exercise leniency as well. For example, if you have issues with high student loans, bankruptcy, an expensive divorce, or high medical bills, Credit Repair will alert creditors of this as they did when they mentioned my outstanding student loans in challenge letters so that creditors would potentially give me more leeway.

During just the first month of my subscription, I received my frist 3 removal emails from CreditRepair.com! (It means they got 3 negative items removed from my report.) My credit score shot up 22 points immediately as a result, and continues to climb as I follow along on my Score Tracker, the chart which displays your credit score progress each month.

As for my husband, he started receiving removal emails from CreditRepair.com just two days after I did, and within just the first 45 days of his membership, CreditRepair.com had already gotten 44% of the negative items on his report removed. And he got approved for that car lease from the dealership that scoffed at him less than two months prior! Incredible, and fast results.

Turns out, this is the norm. While individual experiences may vary, on average, CreditRepair.com subscribers see increases in their credit scores month after month. And it’s been giving us the fresh start we need to rebuild our future.

Update: The folks at CreditRepair.com are extending a special offer to our readers. Follow this link, or call 1 (855) 969-4469 for a free credit consultation including your free credit report summary and score!

Call 1 (855) 969-4469 anytime between 7am and 11:59pm EST for a free consultation including your free summary credit report and score!

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