Repaying Your Debt

When it comes to a major purchase where financing is involved, there are a few options that can really save you money. In financing, there are two major elements to consider, time and interest. These combined elements are what determine the actual cost of your purchase. If you are paying 9% in interest for a $10,000 loan, the difference between paying the loan in 24 months vs. 48 months is a cost savings close to $1,000. Conversely, if you are paying that same loan off in 48 months with an 8% APR vs. 9%, you could save over $450 on that loan. But what if you already have a loan and can't negotiate how much you borrowed or how much interest you are paying? Good news, you still have time on your side. Save money by paying that loan off sooner.

Credit to FreeCreditScore.com financial resources

The Hater Chronicles

Take a Tip. Share a Tip.

Have you heard of Google's Tip Jar?

It's a collection of money saving tips submitted and ranked by the web community.  Tip Jar gathers tips in one place and invites people to rank them in order of usefulness.  Over time, the best and most useful tips will rise to the top.  Here is what Google's official blog says about Tip Jar:

Ideas are everywhere, but how do we know which ones actually work? At Google, we put a lot of stock in both the wisdom of crowds — the idea that lots of people responding to a given question can collectively find the best answer — and the value of community. We believe that people working together can help one another through even the most difficult times.

Check it out here: Google's Tip Jar

Card-Skimming Scam at Grocery Store

Financial Calculators from MyMoney.gov

MyMoney.gov is brought to you by 22 Federal entities that work on improving financial literacy and education.  Among their many resources, MyMoney.gov offers an impressive collection of financial calculators.  From tax withholding to retirement planning, there is a calculator for just about any of your financial needs.

Check it out here: http://www.mymoney.gov/category/topic1/calculators.html