Tag: savings

3 Financial Reasons to Consider Buying a Used Car

Driving by a dealership and seeing all the shiny, new cars might tempt you to stop and take a test drive. Before you do, consider buying a used car instead. With the depreciation rate on a new car, you lose thousands of dollars as soon as you drive off the lot. When you know that, purchasing a car right off the assembly line might not seem quite as attractive anymore. Here are a few more reasons to go for a pre-owned vehicle instead of a new one.

Are Fuel Rewards Programs Worth It?

With gas prices soaring, leaving less money in your budget for other essentials, you might be looking for ways to save some cash at the pump. Fuel rewards programs are widely available to all consumers, but is the effort to use them worth it? The answer is: It can be, but you have to utilize the programs fully to reap their maximum benefits.

2 Signs You’re Ready to Buy a Home

Considering the enormous growth in the housing market since the beginning of the coronavirus pandemic, some people might be unsure whether they can or should buy a home. When making this decision, there are two factors to consider: whether you can afford it and if you will overpay in this inflated market. Certainly, no one wants to overpay on a home only to have it drop in value, but timing the market can be nearly impossible given the number of factors playing into it. 

These Frugal Living Strategies Do More Harm Than Good

Unless you’re independently wealthy, most people look for ways to cut costs and save money. However, if you’re not careful, sometimes those well-intended strategies can do more harm than good to your bottom line. While living frugally can have an upside, beware of these common pitfalls many people fall into at one time or another.