Some people seem to get a new car every year or so. What happens to all the ones they’ve sold after just a year? People buy them and sometimes get great deals. A large part of a car’s depreciation happens as soon as you drive it out of the dealership. So the main advantage of...

Here’s another choice for you. Do you want to buy or lease a vehicle? There are pros and cons to both. What is Leasing? When you lease a new car, you’re paying to use the car during its first few years. Here’s how it works. You go to the dealership to lease a car. The...

Choosing a car is a little bit like dating. There are so many different cars out there. What do you need in a car? What do you prefer in a car? When you’re choosing a car first make a list of your needs: • What will you use the car for most? If you’re just...

If you think of the negotiating process of buying a car as a dance, you’ll find it a lot more tolerable and you might possibly enjoy it. It’s just two people suggesting and redirecting. And remember – you have the advantage. You have a long line of salespeople who would like to dance with you....

A higher education is a very valuable asset. But studying can be expensive, and the cost rises every year. Start Early Although education can be expensive, there are lots of things you can do to improve your financial situation while you’re studying. Here are some steps you can start taking today: Before you start studying,...

Choosing the right bank is an important step. As with any financial decision, it’s important to figure out what you want and need beforehand. There are several banks to consider. There are also credit unions and microfinance institutions, which some people opt to use instead of or in addition to the banks for your savings...

The Internet has made banking a lot easier. Just about every bank allows you to check your account and make transactions online. Automate Your Finances Online banking allows you to automate a lot of your financial transactions. Here are some possibilities: Automatic Deposit. You can have your pay automatically deposited into your account. Most employers...

A budget is a plan for your future income and expenditures that you can use as a guideline for spending and saving. Although many people already use a budget to plan their spending, many of us also routinely spend more than we can afford. The key to spending within your means is to know your...

Savings can help you achieve any financial goal. Whether it’s a comfortable retirement, a deposit for a house, or a new car or stereo, you can get there by setting money aside. And best of all, you can have what you want without getting bogged down in debt. But if you’re like most people, you...

When setting up a savings plan, it’s a good idea to think about more than just how much money you’ll need in the future. You should also be looking at ways your money can earn more money for you. Fortunately, this is a lot easier than it sounds. In fact, just about the only way...