720 Mind-blowing financial tips you should be aware of

The community is coming up with interesting financial tips for the consumers each week. These tips help consumers to have a grip on their finances and avoid making costly mistakes. The consumers are likely to be on top of their finances with the help of these tips. Here are the interesting financial tips published by the community for the benefit of the consumers:

  1. Don't always accept the initial settlement offer.
  2. Try to pay off your debts and save money at the same time.
  3. Lower the usage of credit cards to avoid incurring huge debts.
  4. Never co-sign for a loan if you can't afford to pay it off.
  5. Self help is debt help.
  6. Rather go to bed without dinner than to rise in debt.
  7. Always send a debt validation letter to the collection agency before starting to make the payments against the account.
  8. Make love not debt.
  9. Know about the FDCPA laws to prevent debt collectors from playing dirty tricks
  10. Check your credit report after repaying a debt.
  11. Understand the importance of money in order to stay away from debt.
  12. Defer student loan debts when you are unemployed.
  13. Consolidate and pay off debt as soon as possible.
  14. Be debt free in your holidays, to be stress free later.
  15. Consider how much you are saving, before you sign up for a debt consolidation program.
  16. When you're married, try to work together to end debt.
  17. "Shop till you drop" is not the mantra you should follow if you want your credit card debts to drop.
  18. Beware of debt consolidation scams if you don't want to end up losing instead of saving.
  19. Settle your debts on your own and avoid being scammed.
  20. If a settlement company asks you to pay an upfront fee, don't work with them.
  21. Know the FDCPA in order to save yourself from harassment by debt collectors.
  22. Give a reply to the summons within the next 20 days.
  23. If you're married, try to work together to end debt.
  24. If you get a hefty windfall, use it to kill debt.
  25. If you have settled a debt for less than the actual amount owed, remember to include a 1099c form when you file your taxes.
  26. Your creditors can't file a lawsuit against you if the debt is past the state SOL.
  27. You cannot have more than $360,475 in unsecured debt and more than $1,081,400 in secured debts to qualify for Chapter 13 Bankruptcy.
  28. Try to qualify for online scholarships and stay away from student loan debt.
  29. 15% of your wages can be garnished for defaulting on a student loan.
  30. In case you have defaulted on your federal student loan, you can rehabilitate it.
  31. Never ignore your debt repayment deadline.
  32. Debt consolidation is not the only option. Get to know of the all other debt relief forms.
  33. Come to agreement over the debt payments and property with your spouse, before filing for divorce.
  34. Start by developing a road plan that will take you to debt-free zone.
  35. It is better for the businesses to opt for equity financing rather than taking on debt from the beginning.
  36. When in college, avoid non-academic debt.
  37. Don't simply avoid taking the collection calls. It is rather wise of you to get the details on the debt and then send a validation request to them.
  38. Try out the debt help options which double up as credit improvement option too.
  39. You can file a motion to vacate a judgment in case you have not been served properly.
  40. In case you have already been served, you should appear in court and ask for debt validation during discovery.
  41. Never ever use a payday loan to pay down your debts.
  42. Consider all of the debt relief options, before choosing a particular option. All of the options may not be helpful for you.
  43. Spend money within your affordability so that you may not fall into debt problems unnecessarily.
  44. Choose the debt solution that you find the best to solve your debt problems.
  45. Steer clear of debt consolidation companies that claim huge upfront fees even before they start working on your case.
  46. Plan for the Christmas Eve and the New Year from now on, as this helps you avoid debt.
  47. Figure out which debt has the highest interest rate. If you are currently earning a good amount, the quickest way to pay off your total debt and save money is to pay off the account with the highest interest first.
  48. Reaffirm your debt as you file for bankruptcy, and make sure it is done before the dismissal of your case to make it simpler and easier.
  49. Look for different programs and scholarships to avoid the student debt burden.
  50. Know the different types of attorneys to decide which one would suit your specific need.
  51. Use the IRS Form 982 when you file your taxes to exclude certain forgiven debts from your gross income
  52. Creditor can impose fees on charged-off account. Pay off the debt quickly to avoid them.
  53. When you are in the process of filing bankruptcy list your exempt property under Schedule C.
  54. Tax liens are considered as secured claims while filing bankruptcy.
  55. Selling off a part of one's personal assets is better than liquidation under bankruptcy to repay the loans.
  56. Borrowing from acquaintances in order to repay your debts is much better than bankruptcy.
  57. Student loan defaulters have a single shot opportunity of 'rehabilitating' their loans through paying 9 out of 10 consecutive, fully voluntary, timely monthly installments.
  58. Student loan defaulters who successfully pass the Brunners Test can have the outstanding balance discharged through bankruptcy.
  59. Check the SOL period of your state before settling your debt.
  60. Change your spending plan instead of consolidating debts.
  61. Selling off a part of one's personal assets is better than liquidation under bankruptcy to repay the loans.
  62. Borrowing from acquaintances in order to repay your debts is much better than bankruptcy.
  63. Change your spending plan instead of consolidating debts.
  64. Pay yourself after repaying your debts to boost emergency savings.
  65. Eliminating other debts through bankruptcy could free up money to cover up your mortgage payments.
  66. Federal student loan debts are forgiven in case the debtor passes away.
  67. Perkins and Stafford student loans are eligible to be forgiven over a period of 5 years if the debtor is employed as a full time schoolteacher.
  68. Volunteering for AmeriCorps, VISTA or Peace Corps will facilitate in having a part of your federal student loan debt forgiven.
  69. Under the new PAYE plan, repayments are capped at 10 percent of the debtor's discretionary income.
  70. A Cease & Desist letter is only applicable for third party collectors, not the original creditors themselves.
  71. Rehabilitating your student loan requires you to make 9 out of 10 successful consecutive timely payments.
  72. Pay off your debts before proposing to a girl on this Valentine's Day.
  73. Never respond to a message from a debt collector on social media.
  74. Always set targets for yourself when it comes to paying off debt.
  75. Debt repayment is as easy and good as your plans are.
  76. Lender becomes your master as you borrow money. So avoid debt to be an independent person.
  77. If a debt collector claims you owe money, don’t say, "I do" instantly. Let the debt be validated first.
  78. When you're in debt, devise a plan and execute it to be your own master. Don't be a slave of the lender. Have your free will.
  79. Debt collectors don't have super human powers. So instead of being scared, negotiate with them tactfully.
  80. Your first vice is being in debt. Avoid temptations and pay your lender. Don't be a sinner.
  81. Don't fall for get-out-of-debt-fast schemes. It takes time to pay off your debts.
  82. Repay your debts to confidently retire from your job. Spend the golden years of your life with confidence and not regret.
  83. The newly introduced Consumer Credit Fairness Act cuts down the New York SOL for debts to 3 years. Find out the date of your first delinquency.
  84. Using money orders to pay collection agencies is cheaper than buying a prepaid debit card.
  85. Plan on running into debt. That way you will have enough funds in reserve to address emergencies.
  86. If you want something done right, do it yourself. Negotiate settlements with your creditors by yourself.
  87. Cosigning a loan might seem like a helpful thing but remember that you are assuming a fresh liability.
  88. Recognize the difference between wants and needs to stay out of debt.
  89. If your spouse was married before, then ask if he/she has made any financial commitment to the ex-spouse.
  90. You're truly independent when there is no debt in your life. So, work hard to pay off your debts.
  91. Borrow as per your debt capacity so that you can borrow just the right amount. Know and stay within your means.
  92. Refrain from excessive credit card usage to avoid debt when you're studying at college.
  93. Know about your debt consolidation options to eliminate your debts in the best way.
  94. Debt should be managed while it's small, for otherwise it can get out of control.
  95. Debt consolidation gives you the courage to pay back your creditors. But it won't be of any use unless you change your spending habits.
  96. Getting out of debt is actually a matter of controlling your impulses, not a matter of mere calculations.
  97. The best way to eradicate debt is to pounce upon it with wrath and fury.
  98. If you're suffering from depression due to debts, then pay them off quickly. Treat the main problem instead of the syndrome.
  99. Embrace the pain of living without luxury items before the pain of staying with debt becomes too much.
  100. Forget about leading a debt free life without making a dramatic changes in your lifestyle. Spend only when it is absolutely necessary.
  101. Learn how to strike out a deal wherein both the parties will win. If you don't, then all your negotiation skills will go in vain.
  102. It is very much possible to be a graduate without a student loan. All you need to do is get scholarships and grants.
  103. You can forget about getting rid of debt without having a strong control on your income. Make more money than what you spend to become debt free.
  104. It is a myth that you can't live without debts. You can live and enjoy life provided you follow the basic financial principles.
  105. Be patient when you're trying to get rid of debt. Take a deep breath and develop a strategy to eliminate debts.
  106. Change your habits and mindset when you're in debt. Old habits are no longer good for your finances.
  107. Spend your money on the right things to reduce your student loan debt. Watch out for discounts to save money and pay off your debts quickly.
  108. Debt collectors try to know anything and everything about your personal and professional life. Take steps to protect your privacy.
  109. If you live for today and give a damn about the future, then debts will surely knock at your door. Decide if you really want to invite debts in your life.
  110. Bankruptcy doesn't provide the ultimate solution to your debt problems. You have to change your lifestyle to fix problems.
  111. Help your kid to choose a career that won't leave him/her in debts. Don't let debt cripple your kid's dreams.
  112. Debt collectors won't release you after your debt is charged off. So, try to pay off your debts to pacify your collectors.
  113. You'll get various options to get out of debt. The biggest challenge will be to pick the right options and ignore the wrong ones.
  114. Work while you're in college to increase cash flow and cut down your student loan debt. Develop proper money and time management skills for a better future.
  115. You're swimming in debt since you didn't follow a spending plan for several years. Start giving importance to budgeting and discipline if you wish to get out of debt.
  116. Start paying down your debts from smallest to largest to stay motivated. Small wins will give you the courage to aim for bigger wins.
  117. If you've the bad habit of spending all your money, then pay back your creditors as soon as you get your paycheck.
  118. Don't depend too much upon your bankruptcy attorney. He would not do all the work.
  119. It is not a tough job to pile up a mountain of debt. The tough job is to climb and cross the mountain.
  120. Be ready to compromise and adjust when you're in debt. Otherwise, you won't be able to solve your debt problems.
  121. Try to develop a pattern for financial responsibility to ensure that your loan gets paid off immediately.
  122. Want not and waste not to keep debt problems at bay. Start loving frugal lifestyle to build a solid financial house.
  123. Don't get into a debt mess this Christmas. Use our free Christmas budgeting tool before shopping for your friends.
  124. Get rid of your money owes quickly so that you can live happily and make others happy.
  125. Don't linger your Christmas bills if you wish to avoid debt woes in January.
  126. Want to have less stress and more freedom in your life? Lead a frugal lifestyle and keep debts at bay.
  127. Find out the ways to save money for college for you'd never want to leave a legacy of debt for your family.
  128. Debt consolidation is good and useful only when you take steps to treat the real problem. Otherwise, you'll be in the debt cycle again.
  129. Never let debt collectors to control you. Their main goal is to force you make a bad decision by playing scare tactics.
  130. There is no magic trick to eradicate debts. Everything comes down to your determination and eagerness to sacrifice.
  131. There is no harm in having little fun when you're in debt. Just stick to your budget and financial plan.
  132. Don't believe in any debt relief plan that sounds too good to be true. Tread carefully since there are lots of scammers.
  133. Repay the costliest debt and take steps to lower your interest rate to attain financial independence.
  134. Don't skip mortgage payments to pay down your credit card debts. It will open the door to foreclosure.
  135. Debt settlement is just like a business. So, take the emotion out and be practical.
  136. A judgment can make you go through hell for several years. Be wise and pay it off quickly.
  137. List the debts you owe to each creditor along with the interest and minimum monthly payment so that you know how much you owe.
  138. When you’re facing a problem to repay debt, do not avoid your creditors and contact them as they’re the ones who can help you make the best decision with your debt accounts.
  139. Request your creditors to lower the interest rate before the debts have been turned over to the collection agency. You can explain your financial hardship due to job loss, the death of a family member, and severe illness.
  140. Save money aggressively so that you can make more debt payments.
  141. If you receive a good amount from your employer or relative as a bonus, tax return, or gift, then put the whole amount toward your debt to get out of it fast.
  142. Increase your income so that you can stick to the debt repayment goal until you get out of debt. Get a second or third job if possible. Search online to get the right part-time job.
  143. If you have multiple cars, then sell one of them to get a lump sum amount to put toward your debt.
  144. If you have huge debts, then you have to follow a “zero budgeting” method to pay off debts aggressively.
  145. Take advantage of the balance transfer method to pay off your multiple credit card debts.
  146. Cut the cable or satellite connection; if you have a gym or club membership that you rarely use, then cancel it. It helps to save some potential money that you can use to pay off debt.
  147. Don’t stop making monthly payments on others while targeting one debt to pay off.
  148. Consider the best debt repayment option to get out of debts fast.
  149. Try to settle your past due accounts and collections. Often banks or credit card issuers offer short-term hardship programs for debtors. You can contact them to know whether or not you are eligible for such a program.
  150. If your income is less but steady, you can start paying off your debts on your own. Follow the debt snowball method to pay off debts from smallest to biggest.
  151. If you are too busy to manage your debts but you have a good amount of money in hand, don’t ignore your debts. Get enrolled in a debt management plan to get rid of your debts.
  152. If you are desperate to pay off your debts, then you can temporarily stop or reduce the retirement contributions. Make sure you put the extra money toward your debt repayment.
  153. Stay away from people who make you spend more. Join a group of people who are on the same boat as you. It helps to avoid living beyond the means. Thus, you can stay away from debt.
  1. Check your credit reports from time to time in order to maintain good credit.
  2. Do not use too many credit cards.
  3. Don't use your credit card like your third hand, these are for purposes that are important.
  4. Beware of 0 percent teaser rates.
  5. If you have multiple credit cards, then use a pay-down strategy to reduce your debt.
  6. Don't hide your credit problems from your spouse.
  7. Have at least one credit card for emergencies.
  8. Leave your credit card at home; the less temptation, the better.
  9. Check your credit reports at least 4 times a year. It helps in maintaining good credit rating.
  10. Know the myths that are associated with credit reports. This may help to fix the credit problem with ease.
  11. Avoid paying less than the owed amount as it may lead to a drop in your credit scores.
  12. Don't ignore your unpaid parking or speeding tickets as it may hurt your credit score.
  13. Your credit score does not appear on your credit report.
  14. Checking your own credit report does not hurt your credit score.
  15. Teach your kids the importance of using credit cards from an early age.
  16. Keep only one credit card to meet your emergencies.
  17. The new FICO 08 model has put an end to 'piggybacking'.
  18. Use your credit cards only during emergencies and change the habit of using it unnecessarily.
  19. Beware of the credit card laws to avoid any scams. Ignorance is not always bliss.
  20. FICO is the most widely applied and accepted credit scoring model.
  21. Always carry some cash in your wallet. Skip the idea of carrying credit cards with you every time you go out.
  22. Credit repair companies are a widespread scam. Stay away from them.
  23. Know the importance of using credit cards.
  24. Inform your credit card issuer before going for a vacation.
  25. Keep the contact details of the credit card company with you.
  26. Keep only one credit card for emergency purpose and cancel all other cards you have.
  27. Try to pay off the credit card balance on time in order to avoid huge interest rate.
  28. Increase your commercial credit score to obtain funds for your business.
  29. Carry the right credit card with you when traveling so that you don't have to pay any extra amount as exchange rate.
  30. Write your credit dispute letter in simple words.
  31. Check out your credit score before approaching your lender for approving your loan request.
  32. Maintain good credit score so as to get your loan approved soon.
  33. Close your accounts after reading your credit report carefully.
  34. Stop using your credit cards further until you pay off your existing credit card debts; but don't close your accounts as that'll hurt your credit score.
  35. Settling an account in collection does not boost your credit score.
  36. Buy credit cards from a genuine company so that the interest rate may not increase suddenly.
  37. You have the right, under the Fair Credit Reporting Act to dispute the completeness and accuracy of information in your credit file.
  38. Research every Internet site on which you might use your credit card, even ones you believe to be reputable.
  39. If you have any charge-offs on your credit reports, your ability to obtain credit will be seriously impaired, and you must actively work to rehabilitate your credit.
  40. Nothing beats the joy of becoming a father of a successful man. Teach good credit tips to help your son succeed in life.
  41. Every dollar counts so scrutinize your credit card statements, cell phone plans and utility bills before you pay them.
  42. Make sure your Auto Enhanced FICO score is optimal before you apply for a car loan.
  43. Do not rely on your FAKO score when applying for credit.
  44. Disputing a tradeline on your credit report? Remember to attach copies of documents proving your point.
  45. Prove yourself to be the best customer to meet the best creditor.
  46. A bankruptcy on your credit report might look bad but lenders generally do not consider it after 2 years.
  47. If you owe the IRS, it is a best to repay them as a matter of priority. A tax lien does not look good on your credit report.
  48. Include a 100-word statement on your credit report to elucidate the nature of your financial debacle. This may quench the hunger of creditors.
  49. Negotiate smartly with your creditor to increase your credit limit. Remember, You're at the mercy of your creditor.
  50. Ask right questions to the credit card companies to understand the terms and conditions of the agreement correctly.
  51. Strike the perfect balance between paper and plastic so that your credit report remains impeccable.
  52. A secured credit card helps you build credit without inviting debt troubles. If your credit is in bad shape, then take out a secured card.
  53. Before taking out a credit card, ask yourself if you really need one.
  54. Use credit cards for the right reasons. Don't let yourself cross the credit limit. Your score will drop.
  55. Timely bills payments indicate that you take your financial responsibility seriously. Pay your bills on time and create a good impression upon your creditors.
  56. If a credit repair agency claims that they can help to remove accurate items from your credit report, then they're simply lying. Correct negative items will be there on your report.
  57. Don't accept store credit cards in a hurry for they charge higher interest rates than average credit cards.
  58. Taking wedding vows without checking your partner's credit report is like committing financial suicide. Be little unromantic if you love yourself.
  59. Marketing jobs are good at leaving you with nothing. Don't rush to the store and swipe your credit cards after watching the glossy ads.
  60. If you have to use a credit card, then pay off the bill in full and within time.
  1. Know about the FDCPA laws to prevent debt collectors from playing dirty tricks.
  2. Always ask to validate the debt before you start any negotiation with the debt collector.
  1. As every drop of water makes the ocean, every penny you save can add up to a huge amount of saving..know more.
  2. Understand the importance of money and spend it only when needed.
  3. Save regularly.
  4. A penny saved is a penny earned..know more.
  5. The best place to start saving is from home.
  6. Use gas credit cards to save money on gasoline.
  7. Use electricity judiciously to save money on utility bills.
  8. Go green and save money.
  9. Maintain your health in order to save money.
  10. Use public transport to save money on gasoline and also save nature.
  11. Save, regularly or irregularly.
  12. Get rid of services you don't need.
  13. Saving money is a vital part of being responsible.
  14. Automate your savings as much as possible.
  15. Don't be afraid to ask for a discount.
  16. Make your own Christmas cards, not only will it add a personal touch, it will also help you to save money.
  17. Try out some new forms of growing the money other than saving through the traditional options.
  18. Save money and spend family time. Rent movies instead of going to movie halls.
  19. Think local, not global.
  20. Discover savings under your own roof.
  21. If you like watching movies at the theatre, go before 6:00 pm.
  22. Save so that you can spend.
  23. Disconnect land line if possible.
  24. Do your wedding shopping online to save money.
  25. Buy used books to save money when you're in college.
  26. Amass wealth to live a secure and stress free future. Amassing wealth means saving money.
  27. Use student discounts to your advantage.
  28. Skip that cup from Starbucks and brew your own coffee.
  29. A cheap car is cheaper to insure.
  30. Spend money only by buying essential things and keep every penny you can in a savings jar.
  31. To save money while traveling, drink tap water.
  32. Depending on the size of the loan, lower interest rates could translate into significant savings.
  33. Keep your savings rate achievable.
  34. Go for a morning walk to save on gym membership fee.
  35. Set up an automatic savings plan with your bank.
  36. Save a considerable amount from your income every month so as to keep your future secured.
  37. Sit down with your spouse and decide how much both of you should spend every month in order to increase your savings.
  38. Avoid pre-packaged foods to reduce your expenses and increase daily nutrition intake.
  39. Download eBooks from different websites to cut down your expenses on textbooks.
  40. Go for a green Christmas party to cut costs.
  41. It's always advisable that you start saving for retirement as early as possible.
  42. Plan the Christmas from now on, and save money as per the plan too.
  43. Pay yourself after repaying your debts to boost emergency savings.
  44. Keep your body warm and lower thermostat to save on heating bill.
  45. Consider going to an in-state college to avail better tuition fee rates.
  46. Dry your clothes in open air and save money.
  47. If you buy only what you need, you will save what you want.
  48. It is absolutely fine to give up an hour of sleep if you can save dollars.
  49. Save to be saved. Creating a small emergency fund is necessary for financial security.
  50. Save money to save the Earth. Commute to work or school.
  51. Replace dinners at classy restaurants with homemade meals. Save money to focus on the priorities of your life.
  52. Pennies count too and so it is important to save even your pennies.
  53. Discuss with your teacher and then buy books. Don't purchase all the books that are there on your book list.
  54. Subscribe to several coupon websites but unsubscribe if you can't resist an attractive deal.
  55. Allow yourself to have only a weekly cash allowance for entertainment and food.
  56. Give special attention to minutes and text to reduce your phone bill.
  57. Create a spending plan so that you can easily avoid and stop overspending.
  58. Download an application to know how much you're spending and saving.
  59. Make the maximum out of the student perks so that you can save some dollars.
  60. Purchase a dependable car but not a luxurious one to save money.
  61. Create a savings account in the bank which offers you a good interest rate.
  62. Tell your best friend that you're on a saving mission. Ask him/her to help you fulfill your goal.
  63. Everybody has a weakness for something. The challenge is to avoid succumbing to that weakness. Don't buy anything just because your heart longs for it.
  64. Choose the right place to store money for the rainy day. Don't keep it in shoe-box for you can access it easily.
  65. Don't overeat and overspend on food in college. The idea is to stay physically and financially fit.
  66. Keep a close watch on the air fare after you've purchased air tickets. You might get good rebates.
  67. Try to make dining out a treat. Don't develop this as a habit. Lose weight and save money.
  68. There will be a saver and spender in marriage. Work with your spouse and try to create a perfect balance between saving and spending.
  69. The best way to develop a saving discipline is to save an amount that you normally spend on useless items.
  70. Save up so that you can survive an unforeseen financial shock. Save at least 3-6 month's worth of expenditures.
  71. Is it possible to save money on fuel? You can save by carpooling, combining trips and taking the first parking spot you find.
  72. Take advantage of the store discount to save money while buying Christmas gifts for your loved ones.
  73. Make sure your expenses do not exceed your income if you're planning to save for Christmas.
  74. Be prepared for your Thanksgiving Day with a mini cheese cake along with blueberry sauce on top, when you're looking for a frugal dessert to save your pocket.
  75. Making a Thanksgiving meal on your own budget can burn a hole in your pocket. So, arrange for a potluck Thanksgiving to save money.
  76. Not all deals are good deals on Black Friday, so you need to evaluate deals before buying.
  77. Start an automatic savings plan by transferring a part of every paycheck to the savings account. Try to develop a habit of saving by starting with a smaller amount.
  78. Send e-Cards to a limited group of friends to save money on Christmas cards.
  79. Save for retirement even if that means you'll get out of debt after a long period of time.
  80. Watch out for happy hours at restaurants and cheaper cellphone plans to save money in 2014.
  81. Bring a piggybank into your house and throw away new loan application forms in 2014.
  82. Live on brown rice and beans when your funds are tight but you don't want to compromise on nutrition.
  83. Give up the temptation to have movie theater foods to cut down expenses and save money.
  84. Simply say no to your friends when they force you to have a meal at an expensive restaurant.
  85. Read money saving blogs to get fresh ideas on how to thrive on a frugal lifestyle.
  86. Grow your own food and cook with basic ingredients in order to save money.
  1. Seek your lender's help if you have difficulty making your mortgage payments.
  2. Consider refinancing your mortgage loan if you're paying more than the current market interest rate.
  3. Shop around to get the best mortgage deal.
  4. Consider a lesser mortgage amount than the maximum you can afford.
  5. Use mortgage calculators before getting a mortgage in order to decide on your affordability.
  6. Wait before you sell your home as the real estate market has yet again tumbled.
  7. Live with your friends or parents when your house is foreclosed.
  8. Know your borrowing limit by using an online mortgage calculator and then decide how much you may take out.
  9. Check your credit report before applying for mortgage.
  10. Make payments in cash while purchasing a foreclosed house.
  11. If you're 62 years old and have equity in your home, take advantage of reverse mortgage.
  12. It's high time you refinance your mortgages as the rates are still record low.
  13. Take out a mortgage loan that you will be able to repay.
  14. Mortgage lenders usually prefer borrowers who use 40 percent or less of their monthly income to make payments against their debts.
  15. Talk with various mortgage lenders before locking your option to a particular home loan.
  16. Learn the tricks to build up your financial history before applying for a mortgage.
  17. You can have a co-signer, if you don't meet the home loan eligibility criteria.
  18. Maintain good credit score so as to take out a home loan at an affordable interest rate.
  19. Talk with as many lenders as possible before choosing a particular one.
  20. Consider the changes in the mortgage market before taking out one or refinancing your home.
  21. Try to opt for refinancing without any closing cost.
  22. Increase your awareness about mortgage scams, in order to avoid becoming a victim of the same.
  23. Take out the mortgage loan from a trust-worthy lender so that the monthly payments do not get changed suddenly.
  24. In case you default on your payments, speak to the lender immediately.
  25. If you're having problems making high adjustable rate mortgage payments, a mortgage loan modification might be the right option for you.
  26. Use a mortgage calculator to know your affordability before taking out a mortgage loan.
  27. Hire a well experienced and certified short-sale agent when trying to avoid a foreclosure.
  28. If you haven ARM mortgage, this is a good time to refinance and lock in at a low 30-year fixed rate.
  29. Make sure you follow up with your mortgage company after requesting a loan modification.
  30. Do apply for a home loan through the US Department of Veteran Affairs, if you happen to be a veteran of qualifying civilian.
  1. Use coupons for shopping grocery items.
  2. Try to buy items in bulk so as to get items at discount price.
  3. Stop to shop, when your budget drops.
  4. Always make a list while going for shopping items and don't buy anything that's not in your list.
  5. Scan your cupboards, pantry and fridge before hitting the store.
  6. Buy generic items whenever possible instead of going for brands.
  7. Don't shop when you're hungry or sad.
  8. Don't buy things new when used will do.
  9. Buy things out of season when they are cheaper.
  10. Take advantage of discounts before shopping for Black Friday.
  11. Create a "want" waiting list before making purchases.
  12. Do not purchase things in a hurry. Look for all possible options.
  13. Be a smart shopper and spend money only on most essential things.
  14. Purchase things in bulk while shopping. Save every penny that you can.
  15. While couponing try to stay organized so that you do not miss a deal that is worth it.
  16. Take advantage of discounts available and purchase mostly during that time.
  17. Plan exactly how much you can spend before going out for shopping and make sure you do not cross it.
  18. Save enough money before purchasing any luxurious item.
  19. Try to buy things only with the cash that you have in your pocket.
  20. Buy things only what you require and do not waste money by purchasing anything extra.
  21. When you want to buy something, ask yourself "Do I need it?"
  22. While buying home, compare the price of other homes in your area.
  23. Review the offers made by the shops before buying a particular item.
  24. Buy the car, which you can afford, not the one that you want to flaunt.
  25. Fresh food on the table is more important than new shoes on your feet. Prioritize your spending.
  26. If you're sad and depressed, then avoid going for shopping. It won't give you the ultimate bliss. Your soul won't be satisfied.
  27. Be cheap and frugal this Halloween. The festive season has just begun. You'd need money to celebrate.
  28. Spread love and happiness during the festive season without adding to your holiday stress. Spend wisely and give nice gifts to win hearts in Christmas.
  29. Don't jump into the shopping bandwagon without checking out the pros and cons of various financing options.
  1. Check whether or not your pdl lender is legal in your state.
  2. Before repaying a payday loan, make sure payday loans are legal in your state so that you. Don't make extra payments if they're illegal; you just need to pay the principal amount of the loan. If you have paid more than the original amount, then you can ask your lender to refund the extra money. If he refuses, you may get legal help regarding this issue.
  3. If a payday loan company is making unauthorized withdrawals, then close your bank account.
  4. All offshore payday lenders are illegal and cannot sue you.
  5. Payday lending laws don't apply to Credit Service Organizations (CSOs).
  6. Payday loans are short term solutions and if used as a long term financial aid can cause undue hardship.
  7. Check with your state's Department of Finance to see if a PDL is licensed before you decide to borrow from them.
  8. Take full advantage of Extended Payment Plans (EPPs) offered by some short term lenders.
  9. Revoke ACH authorization immediately in case you find out that you borrowed from an illegal PDL.
  10. Opening an account with a credit union is a better idea than applying for a payday loan.
  11. CFSA affiliated lenders are required to offer every individual borrower at least one EPP every year.
  12. While dealing with illegal payday lenders you need to revoke ACH authorization as well as voluntary wage assignment.
  13. Run away from payday loan lenders to avoid debt in 2013.
  14. Revoking ACH authorization for CSOs will automatically force your account into collections.
  15. You are not likely to receive a refund from illegal offshore lenders.
  16. If you love your 'money tree', then don't reveal your credit card number to an illegal payday loan lender.
  17. Find out your rights before doing a handshake with the payday loan lender.
  18. While dealing with illegal payday lenders, remember to revoke voluntary wage assignment in writing.
  19. Taking out soft loans from friends or relatives is a better idea that borrowing from payday lenders.
  20. Learn to say 'no to the payday loan lenders. Resist your temptation for fast cash.
  1. Always make sure you know how much money is there in your bank.
  2. Distinguish between needs and wants and learn to prioritize your needs.
  3. In order to control your finance first understand where you are.
  4. Stick to a frugal budget - Eliminate stuff that you can do without.
  5. You only have to do a very few things right in your life so long as you don't do too many things wrong.
  6. We can tell our values by looking at our check book stubs.
  7. Practice thriftiness before preaching...know more.
  8. Prioritize expenses to tackle your personal budgeting problems.
  9. Opting for online documents can help you monitor your accounts regularly as well as save environment.
  10. Pay yourself first.
  11. Always read the "fine print" section of the contract minutely.
  12. Always borrow money from a pessimist; he doesn't expect to be paid back.
  13. Try to make your home appliances last longer so that you can avoid buying big-ticket items frequently.
  14. Use cash to purchase things instead of swapping your credit cards unnecessarily every time.
  15. Once you get an accurate picture of your personal finances, you should figure out your short and long term goals.
  16. Do not use too many credit cards.
  17. Build an emergency cushion on which you can fall back as the credit downgrade will push up the interest rates on loans.
  18. Visit multiple stores to get the best deals.
  19. Live within your budget so that you can manage your expenses and save a considerable amount.
  20. Check out any leakage that may have been caused within your car pipes.
  21. Understand the importance of money and spend it only when needed.
  22. Get paid what you're worth and spend less than you earn.
  23. Learn self control to establish solid financial footing.
  24. It is not necessary to have common financial goals in a marital relation, but both should work together to achieve them.
  25. Making payments on time can save you from a major financial crisis.
  26. Know where your money goes.
  27. Use smart meters to monitor your electricity usage.
  28. Get help of unemployment benefits when you are unemployed.
  29. Use an online spreadsheet to plan a suitable budget.
  30. Take full advantage of Thanksgiving sale! Buy items at a relatively cheaper price!
  31. Update your will.
  32. Try to use the Internet to the optimum, when using an unlimited plan.
  33. Get advice from trusted sources to decide which loan option will be best suited for you.
  34. Avoid financial blues by increasing the flow of your income.
  35. Do Christmas shopping year-round.
  36. Book a hotel room with a kitchen.
  37. Make extra money this holiday to stay within your budget.
  38. Don't see a budget as being about what you can't have, but instead, working out what you can afford.
  39. When you receive a windfall - a raise or a tax refund, you should contribute it towards the retirement savings accounts.
  40. Be aware of your bank balance and avoid over draft fees.
  41. Avoid buying a new car when you have one already.
  42. Grow your own food.
  43. Procrastination is the enemy of your financial success.
  44. Make your own Christmas cards, not only will it add a personal touch, it will also help you to save money.
  45. Ignore all offers that sound too good to be true.
  46. Before you buy something new, sell something old.
  47. A little risk is good, too much risk is foolishness.
  48. Prevention is better than cure even in personal finance.
  49. Take advantage of federal student aid to lower your child's education cost.
  50. Have regular "financial" family meetings.
  51. If you have dependents, get disability/life insurance, a will and an estate plan!
  52. Practice the habit of buying things in bulk so as to manage money efficiently.
  53. Keep distance from lavish and high-roller friends.
  54. Before getting married, open your communications regarding money.
  55. Learn self control.
  56. Be up front with your children regarding your financial situation when you're a single parent.
  57. Take advantage of alternative work schedules such as flextime and telecommuting when you're a single parent.
  58. Pursue tax breaks and qualify for the child-care tax credit as a working parent.
  59. Take advantage of financial grants available to a single parent.
  60. Always carry your driver's license and auto insurance card when you drive.
  61. Have regular family financial meetings.
  62. If you have dependents, get disability/life insurance, a will and an estate plan.
  63. Live below your means.
  64. When you're a college student, consider all the costs of living off-campus.
  65. Driving a plug-in hybrid/electric car will earn tax credit.
  66. Take baby steps to meet financial goals.
  67. Educate yourself about money matters when you get your first job so as to avoid the unnecessary expenses.
  68. Collect the information about the company before going for the job interview.
  69. Curtail your job costs by carrying your own lunch.
  70. Avoid taking out an auto loan or payday loan for making money fast. These are cash traps.
  71. As a newlywed couple, you can fix a meeting with a qualified financial professional to discuss your financial goals.
  72. Think twice before buying extended warranty because they are not always effective. Moreover, the products can also depreciate in value causing you to lose the money.
  73. If you're a newlywed, decide how you want to pool your money together.
  74. There are places where you can have the option to enjoy low taxes like those of Wyoming, Alabama, Colorado, Louisiana, and Tennessee. So, if you are thinking of relocating, you can consider these places.
  75. Paying off some educational loans becomes tough after college. So, it's better to decide which degree actually can help you get a good job and yet pay off the debt with ease. Another option is to join the state schools as these are less expensive.
  76. You can file bankruptcy under Chapter 7 only once every 8 years.
  77. Sit with your spouse and talk about every minute details related to personal finance.
  78. The government can garnish social security benefits and take your tax returns for defaulting on a federal student loan.
  79. Maximize your employment benefits.
  80. Carry cash instead of credit cards to avoid overspending. If you don't have enough cash, wait till you have the required amount.
  81. Sit together with your spouse and formulate a budget that you will be able to follow after meeting your necessities.
  82. Don't overspend since it will be a lot harder to change excessive spending habits.
  83. There is an old saying in the financial world: If you fail to plan, you plan to fail.
  84. Use the budgeting tool to increase the value of the life you live, not to deprive yourself of the good things in life.
  85. Failure to keep track of your bank account can easily cost you money via overdraft fees.
  86. Un-reimbursed work expenses and charitable donations are tax deductible.
  87. Instead of depending on standard deductions, itemize your tax file to cut down on the amount of tax you pay.
  88. Formulate a well-planned budget by considering your income and expenses so that you can save at least 10% of your income every month.
  89. Make your first monthly mortgage payment of a new year on the last day of the previous year to maximize your tax deductions.
  90. Buy things only with cash and if you do not have sufficient money, wait till you can save the required amount.
  91. Forex investments act as a hedge against socio-economic events.
  92. Save a considerable amount from your income every month so as to keep your future secured.
  93. FREECYCLE - An innovative of way following the principle of 'reduce, reuse and recycle'.
  94. Drive your car, like you have rented it!
  95. Create a succession plan and some form of insurance to support the business if you can't run it.
  96. Overspending on business expenses that aren't absolutely necessary can quickly erode your personal finances.
  97. Change your lifestyle to increase your savings rate in your personal life.
  98. If you don't save, you can't spend also.
  99. Be regular on social networking websites and build up a following to boost your small business growth.
  100. Do all you can to avoid default. Defaulting on a financial obligation can harm your finances in the short and long run.
  101. Child support cannot be included in your annual tax file as a deduction.
  102. Educate yourself before you put your family's financial security on the line.
  103. Alimony is a taxable source of income.
  104. Being a first-time home buyer, get help from experienced people so as to avoid making any mistake in the home buying process.
  105. Keep track of your federal student loans online through the NSLDS.
  106. Update your business records before applying for a business loan.
  107. Tax refunds and Social Security benefits can be garnished to offset Federal student loan debt
  108. Revoke ACH authorization before closing down your bank account
  109. Make your home warm to sell your home during winter.
  110. If you love your job, then don't talk about the negative sides of the company.
  111. Administrative wage garnishments do not need a court order to proceed but borrowers must be notified before the process begins
  112. Working for a minimum of 20 years in the Military will make you eligible for Veteran's pension and funds can be withdrawn from the account at any time after retirement.
  113. While in college, source summer jobs through temp agencies as they pay more.
  114. Gather relevant work experience and save some money through working summer jobs.
  115. The cost of living for married couples is significantly lower than single individuals.
  116. The IRS requires taxpayers to report reinvested income earned as interest using Form 1099-INT.
  117. If the Bush-era tax cuts sunset, everyone will see higher taxes.
  118. Savings and investments look likely to play an increasingly important role in ensuring a comfortable retirement.
  119. If the planner isn't offering the explanations and education the client needs, it may be time to consider a new advisor.
  120. Be it your personal or professional life, everything comes down to money. So earn dollars.
  121. Avoid friends and relatives who love you because of your money.
  122. Attitude makes all the difference. So change your attitude to have a successful career and family life.
  123. Learn to say "no" to your friends who are always in need of financial help. Take care of your financial health before helping others.
  124. Protect yourself when you become a co-signer. Otherwise, be ready to face your financial doom.
  125. Bad money decisions will kill your ‘money tree’. So, better think before making decisions.
  126. Learn from your mistakes. Or else, keep on repeating them to permanently sabotage your financial life.
  127. Don't overspend just to impress people. They won't be there when you're in trouble. Take a stand.
  128. Identify your biggest financial enemies and combat with them to sleep peacefully.
  129. With the correct step and strategies, you can put a lid on your expenses.
  130. Use your emergency funds only during emergencies. Don't use them for your daily expenses.
  131. Create a flexible budget plan so that you can make some necessary alterations when required.
  132. Opt for work-study programs to protect your wallet when you're in college.
  133. File your taxes honestly. Taxpayers receive social benefits and tax evaders receive jail sentences.
  134. Treat your Social Security number is like a secret. Keep it to yourself and only share it with people you trust.
  135. When you co-sign on a loan, consider it as your own loan and be prepared to pay for it.
  136. If your friends are jealous of your financial health, then be happy. You're doing well.
  137. Made mistakes while filing your taxes? Amend your tax returns with Form 1040X.
  138. Know your net worth. It's a single line snapshot of your current financial position.
  139. It's never too late to create a budget. Let go of your inhibitions and use a budget planner.
  140. Be happy about your financial health. If you aren't, then detoxify your budget.
  141. Create a professional profile in social media to interact with professionals.
  142. Keep your money safe in a FDIC insured bank.
  143. If bank charges are robbing you blind, shift to credit unions for better rates and lower fees.
  144. Generosity is rewarding. Charitable donations are tax deductible.
  145. Itemize your tax deductions to maximize your tax refunds.
  146. Learn how to allocate your assets carefully. It will help you cushion the impact of future costs and losses.
  147. Begin your estate planning by taking inventory of your assets.
  148. Cut down on your estate and gift taxes by setting up a trust.
  149. Leasing a car with the choice to buy is a better option than an outright purchase.
  150. Living on a budget does not mean depriving yourself. Effective budgeting is just living within your means.
  151. Take a correct snapshot of your financial health before thinking about a new future. You can set new goals only after getting the correct facts.
  152. Overdrafting is a terrible habit. Check and record your banking transactions to avoid overdraft fees.
  153. Don't get depressed if you remain jobless after finishing studies. Widen your job search and improve your skills.
  154. Scan your bill to find an error. A single mistake can cost you hundreds of dollars.
  155. Try to do 2 jobs when you're young. This will help to supplement your income.
  156. Try to increase your income and make the most of your capabilities. Every bit of your extra income will lead you to a financially stable life.
  157. Avoid planning a too strict budget for you may start hating your life all of a sudden.
  158. Give the $70 dollar test to realize the true meaning of needs and wants.
  159. Don't borrow recklessly. If you do, then remember, you're simply saying goodbye to your "future" earnings.
  160. Don't pretend everything is fine when you've lost your job. State the truth to your spouse.
  161. Don't wait too long. Apply for a scholarship after getting admitted to a college.
  162. Interact with people who give you the right financial advice and tips.
  163. If you really want to spend money, then make investments to boost your career.
  164. Have a clear understanding of the loan repayment terms so that you don't get into unwanted troubles later.
  165. Check out the grace period on your loan so that you know when you have to make the first payment.
  166. Bid goodbye to useless splurges. Follow a frugal lifestyle or minimalist lifestyle to learn how to live on less and survive amidst the twist and turns in your financial life.
  167. Create a joint 'financial dream list' after taking the wedding vows.
  168. Talk about the spending habits soon after getting married. This will help to prolong your marital bliss.
  169. Encourage your teens to attend the educational seminars so that they get a chance to understand financial basics.
  170. Make it a habit to modify your budget plan every month. This will help to adjust the extra expenses according to your income.
  171. Pride and jealousy destroy a person completely. Don't ever think that you'll be happy and satisfied by owning a bigger home or vehicle.
  172. When you give your 100 percent to your work, there is almost no limit to how much money you can make.
  173. Pride and jealousy destroy a person completely. Don't ever think that you'll be happy and satisfied by owning a bigger home or vehicle.
  174. Accept your financial mistakes in front of your spouse. This would help you avoid painful break-ups and divorce.
  175. You can never stay within your income without a proper plan. So, create a plan based upon your needs to live within your means.
  176. Create a smart financial plan as it helps you find out the flaws and rectify them for a better future.
  177. Keep your boss happy with your sincere work or else may get fired very soon.
  178. Wailing actually reflects the weakness of your character. If you're not happy with something, then take steps to change it. Don't wait for others.
  179. Financial winners are patient and disciplined people. They don't make rash decisions. If you want to join them, then take correct steps gradually.
  180. Ignorance doesn't imply that you've no brain. You just need to increase your knowledge. Lack of knowledge on financial matters can make you broke.
  181. Don't accuse others just because you're broke. You're at this position due to your own mistakes. Look back at your past and find out where you went wrong.
  182. Create an estate plan for your baby. Don't let the court determine what's best for your baby.
  183. Don't be disappointed if you're unsuccessful in creating a perfect budget. A little bit of practice will help you craft the best budget plan. Have patience.
  184. The biggest surprise you'll get after creating a budget is that you've more money suddenly.
  185. You're surrounded by both negative and positive people. Pay heed to what the positive people say and shield yourself from negative influences.
  186. If you sit quietly and think everything will be fine, then you're wrong. Nothing will change if you don't make the required changes in your financial life.
  187. Listen to what smart people have to say about money, but don't decide anything based upon their suggestions.
  188. Couples need to trust, support, cooperate and depend upon each other for having a successful married life.
  189. Decide if you want to be a doting dad or a frugal dad. Learn to strike a balance between the two things if you want to be the best dad.
  190. Stop wasting money aimlessly on unnecessary things that you don’t need. Be real and have the guts to explain why you can afford to splurge.
  191. Protect your "money tree" by making the right financial decisions. Research and widen your knowledge base.
  192. Ignorance is not at all bliss when it comes to managing money. Knowledge increases your power. Whet your appetite for it.
  193. Everyone wants to be wealthy and wise without making any effort, but nothing comes for free. You've to pay a price.
  194. You need to have a budget for everything - from gifts to vacations. Plan ahead to avoid troubles.
  195. The term 'budgeting' has received too much negative publicity. It is not as bad as it has been made out to be. You don't have to simply live on nothing.
  196. Don't try to make any money decision when you're distressed. There are high chances of making wrong decisions.
  197. We all have strengths and weaknesses. Work on your strengths. Try to develop your positive traits into something that will help to improve your financial life.
  198. Study the habits of people who are doing well in life. They're successful because they're doing only the right things.
  199. Watch out for the less-expensive ways to have fun when you're on a budget. You don't have to live like a monk.
  200. Make a simple budget and offer spending guidance to your kids. Set allowance with respect to chores that they do.
  201. Be tactful and share your financial information wisely during the holiday dinners. You don't want to invite additional problems in your life.
  202. Who said you can't make money while getting entertained? Attend movie premieres, catch a glimpse of the stars and make money.
  203. Sit together with your spouse and formulate a budget that you will be able to follow after meeting your necessities.
  204. Something is always better than nothing. If your ex can't pay any money for child support, then try to get it reduced through court.
  205. Make a stark distinction between your needs and wants especially when you're living on a minimum wage. Otherwise life will only get tough for you.
  206. Do little jobs during the holidays and get paid. Use the money to enjoy the festive season.
  207. Ask questions to yourself and the borrower when it comes to lending to family and friends. Keep your family and financial life secure.
  208. You can never be rich if you spend too much and save too little. Change your bad habits if you really want to be wealthy in 2014.
  209. Set clear goals instead of making flimsy resolutions to make life bigger and better in 2014.
  210. Understand that you've achieved financial freedom when you can give plenty of money to your family without any worry.
  211. Have a close look at the 529 plan fine print so that you don't miss out anything about the fee structure and state tax incentives.
  212. Use your tax refund to repair your home or repay debts. Make sure you use the money for constructive purposes.
  213. Consider budget as your friend, philosopher and guide to get the passport to a fantastic financial life.
  214. It's great to be an entrepreneur. Just make sure you don't go over the limit. Start small and grow gradually.
  215. Build an emergency fund to avoid further debts. Treat it as a bill on which you have to make a payment every month. Save at least 3-6 months of savings in it to build a financial cushion.
  216. Start tracking your money by following a budget.
  217. Make sure that your income is always more than your expenses as the opposite may mean that you’re going through a bad financial situation and not able to manage your debts on your own.
  218. Start developing good financial habits to save as much as possible.
  219. Arrange a garage sale to sell the unused or gently used items to earn some extra bucks.
  220. If you are living in a big house, then rent a portion of it to earn some extra money every month.
  1. Get contact information of all witnesses following a car accident.
  2. Purchase insurance policies according to your capability.
  3. Visit your State Dept. of Insurance website to remain compliant.
  4. Maintain your state minimum coverage requirements.
  5. Before purchasing an insurance policy, go through the policy exclusions.
  6. Don't ever drive under the influence of alcohol.
  7. Get multiple insurance policies with the same insurer to earn a discount.
  8. Install security equipments to achieve a low car insurance premium.
  9. Always wear your seat belts while driving to avoid penalties.
  10. Have some idea on the myths associated with health insurance before getting a policy.
  11. Opt for short term disability coverage if you go out of work temporarily.
  12. Don't always go for life insurance without medical exam.
  13. Be patient when your insurance claim goes through an investigator.
  14. Avoid smoking to attain the best life insurance rate class.
  15. Don't apply for unemployment benefits if you leave a job on your own.
  16. Shop for your life insurance when you are young and healthy.
  17. Purchase adequate insurance policy to get the required coverage.
  18. Check your insurance coverage so that you don't pay for what you don't need.
  19. Get insured and guard your health.
  20. Buy flood insurance if you stay in a flood prone area.
  21. Buy required car insurance for used car so as to save money.
  22. Get your house evaluated before buying and applying for home owner's insurance.
  23. Review Your insurance coverage.
  24. Drop collision comprehensive coverage on your old car to save money on auto premiums.
  25. Do not waste money buying any extra coverage that you may not need.
  26. When you're a single parent, make sure you have adequate insurance coverage.
  27. Have enough coverage in your auto insurance to provide necessary compensation in case of a mishap.
  28. Check the Standard & Poor's financial rating of the insurer before you buy auto insurance.
  29. Try and pay a larger deductible for your insurance to reduce the cost of the premium.
  30. Drive less and use public transit to lower your auto insurance cost.
  31. A High Deductible Health Plan (HDHP) combined with a Health Savings Account (HSA) will let you save tax free dollars.
  32. Floods and earthquakes are not covered under standard homeowners policy. You will need to buy separate coverage for such catastrophes.
  33. You can draw a loan against your whole life insurance policy.
  34. Consider long term costs like children's college fees when buying a life insurance policy.
  35. A cheap car is cheaper to insure.
  36. Look before you leap into the trap of insurance scammers.
  37. Save daily for your insurance deductible.
  38. Shop smartly before buying an auto insurance policy so as to get the required coverage.
  39. Be a responsible driver to enjoy lower auto insurance rates.
  40. Reduce the risk factor on your records not only as a driver, but also as a debtor, to get easy approval from the insurers.
  41. Forget about the promises and scrutinize the insurance documents.
  42. Impatience won't work when you make claims on your insurance.
  43. Review your insurance coverage.
  44. Buy adequate coverage so that you do not have to pay anything from your pocket in case any mishap occurs.
  45. Buy affordable car insurance for your own car so that the policy does not seem to be a burden for you.
  46. Keep your pets secured by purchasing a suitable pet insurance policy.
  47. The PPACA, if implemented successfully, will make the purchase of health insurance mandatory.
  48. Buy adequate health plan for your parents from before hand so that you do not have to bear the medical costs from your pocket.
  49. Try out the cafeteria benefit plans with regards to health insurance in order to save some money on the same.
  50. Cancellation waiver is cheaper like the trip cancellation insurance policy but not at all the same.
  51. Buy adequate health insurance for your parents to keep them protected when they grow old.
  52. Purchase adequate insurance to keep your children secured.
  53. Having your home and your car insured through the same insurer might attract discounts.
  54. Safety is priceless. So, don't trim your insurance requirements just to keep the expenses under control.
  55. Buy child health plan to keep your children protected.
  56. Have a clear understanding of how health insurance works. It might just save your life.
  57. Disability insurance is indispensible. You never know when you might meet an accident at work.
  58. If you plan on keeping your car garaged for a long time, drop your collision coverage to reduce your monthly premium.
  59. If you are having your new car financed, make sure you purchase GAP insurance.
  60. Review your home insurance policy every year to include additions and changes to your household.
  61. Purchase a wedding insurance to avoid getting a financial setback when something unexpected occurs.
  62. Check out the Standard & Poor's financial rating of the insurer before you buy auto insurance.
  1. Give a reply to the summons within the next 20 days so that the creditor doesn’t win the case easily.
  1. Ask your child to plan the family budget.
  2. Let kids be responsible for their own money.
  3. Show your child how to pay bills.
  4. Gifting 3 piggy banks to your child to teach the concept of spending-saving-donating.
  5. Educate your children about money since childhood so that they know how they should spend money.
  6. Teach children about money matters from childhood so that they understand the importance of money and spend it wisely.
  7. Children should not be allowed to party when the parents are leading a frugal life. Kids should be taught the art of frugal living as well.
  8. Ask your kids to not get carried away with advertisements. Teach them the art to read the hidden message inherent in the advertisements.
  9. The value of the 529 Prepaid Tuition plan increases at the same rate as the college tuition cost. It is a must for all the parent.
  1. Take advantage of alternative work schedules such as flextime and telecommuting when you're a single parent.
  2. Try to achieve work-life balance no matter what. You can balance your personal and professional life without compromising on earning money.
  1. Do not give easy-to-guess passwords while banking online.
  2. Hide your credit card PIN while swapping it.
  3. Never reveal your financial details to anyone over phone.
  4. Find out who needs and doesn't need your SSN. Reveal your Social Security number only to those who really need it.
  5. Take all the steps to safeguard yourself from scams. You may have to spend as much as 600 hours to implement a damage control plan.
  1. Diversify or die..know more.
  2. Sip into SIPs..know more.
  3. Fourth Law of Motion and universal law of investing: For investors as a whole, returns decrease as motion increases.
  4. Know the basics of forex trading before investing your money in this trade so as to earn good revenue out of it.
  5. Invest your savings so that they can grow.
  6. Have payment protection insurance for any emergency which disables you from working.
  7. Invest in forex market wisely to gain profits.
  8. Purchase an annuity.
  9. It's smart to save, it's smarter to invest.
  10. Invest in forex market wisely to gain profits.
  11. Wait for a few weeks before making any investment plan this year.
  12. Time is the best friend of investors.
  13. Check out the location of a property before buying it.
  14. Learn to invest.
  15. Buy assets that are income producing. Rental property is a good example.
  16. Start investing early.
  17. Don't invest all your money in a single stock.
  18. If you are not confident of investing directly in stocks, one good option available before you is investing in mutual funds.
  19. Always include the operational costs in your real estate business plan.
  20. Make proper business planning so as to earn good profit with the help of it.
  21. Saving without investing is like a broken pencil; completely pointless.
  22. Invest in indexed certificate of deposit. They are inflation proof.
  23. Investing in performing assets is a sound financial idea. They generate a steady income stream.
  24. Invest wisely to earn greater returns.
  25. A good way to venture into the stock market is to buy a stock of the company you're familiar with.
  26. Wait till you grasp the concept of investing. Invest only when you've a clear understanding of investments.
  1. Contribute to a Retirement Plan - 401k or IRA.
  2. Maximize your employment benefits.
  3. Start saving from now for your retirement.
  4. Invest in annuities rather than simply going for 401K retirement funds.
  5. Find part-time jobs after retiring.
  6. Don't ever forget the tax considerations with regards to your retirement planning.
  7. Invest in annuities to secure a post-retirement source of income.
  8. Begin your retirement planning with your first job.
  9. Maximize your employment benefits
  10. Start saving from now for your retirement, preferably from 20’s
  11. It is best to start saving for your retirement when you are in your 20's, to take advantage of compound interest.
  1. Make a festive gingerbread house for your friend this Christmas. Hide a gift card inside it to surprise your buddy.
  2. If you hate crowd and stress, then what you need to do is, contact online retailers in this Christmas.
  3. Start planning for the next Christmas from now on. Time passes quickly and money goes away fast.
  4. Don't forget January when you're engrossed in celebrating Christmas with Santa Claus. Save money for all the holiday bills will arrive in the next month.

Last Updated on: Tue, 14 Jul 2020