Tips and Information on...everything!
Question from Larry: I bought a new car a couple of years ago and I still owe almost $7,000 on it.
The interest rate I’m paying on that loan is 13.99% APR.
I just found out I can transfer $5,000 of that $7,000 balance onto a balance transfer credit card and pay no interest at all for the first year.
That sounds like a great deal to me and I’m seriously considering doing it.
Can you think of any pitfalls I need to be aware of before I make this deal?
Rick’s answer: [Read more…]
If you’re over the age of 16, chances are you’ve done business with your state’s Department of Motor Vehicles (aka the DMV).
If so, there’s something you should know…
Do you often find yourself in need of just a small amount of bacon bits, olives or some other salad ingredient for a recipe you’re planning to prepare?
As you probably know, buying an entire container of an ingredient you rarely use can be a huge waste of money.
But there’s a very simple way to buy exactly the small amount of those specialty ingredients you need, when you actually need them.
When you go grocery shopping do you automatically select items in the larger “family-size” packages in order to pay less per unit (i.e. per ounce or per serving)?
I actually did that until recently because… well, everyone knows you save money when you buy in bulk, right?
Well, I found out by accident that’s not always the case.
If you’re like me you probably get frustrated every time you pay your electric bill.
After all, that monthly check you send off to the power company is one of your largest household expenses.
And like mine, your electric bill probably seems to go up on a regular basis.
These days most folks are doing everything they can to lower their electric usage.
You can turn off the light when you leave a room and turn the thermostat up or down a degree or two, but things like that can only do so much for reducing your electricity usage.
But there’s one simple thing you can do to dramatically lower your electric bill, starting right this moment: Shift your appliance usage to off-peak hours!