Topic of the Week
This week we talk about real estate myths that people fall victim to.
Money Saving Tips
Money Saving Tip of the Week
Make sure you have the appropriate car & homeowner’s insurance. Have a reasonable deductible in order to have lower premiums, especially with older cars that you are more likely to want to replace anyway.
Talli’s Tightwad Tip of the Week
Going on vacation? Sign up for email notifications from discount travel sites. Often, you can get your flight and hotels for much cheaper than you could get them on your own. They have negotiated deals. Here are a couple sites we use:
Money Making Tip
If you have a large emergency fund, maybe putting a portion of it into a cd to earn a higher return on it is a good idea for you.
www.scottrade.com (5 month cd 5.31%)
www.bankrate.com (to check for rates)
Tool of the Week
Salvation Army donation valuation tool(value your donations appropriately)
These might sound common sense, but people do them…
People get emotional about investments. Then they buy high and sell low because they don’t have a strategy. Instead of picking good times to buy and sell, they buy when an investment is on fire and sell after it has fallen like a stone for a while. If you don’t know if you should be buying, you shouldn’t be because you’d be gambling. Instead get a yourself a financial adviser.