Preventative Maintenance And Their Expenses

4 Ways You Can Fight Against Costly Used Car Repairs

Preventative Maintenance can help save on used car repairsOwning a car can be expensive.

There are insurance costs, car payments, parking fees and the price of gas.

When you throw repairs into the mix, it might seem like your car is a constant drain on your wallet – and one you can’t get rid of. Many people rely on their cars to get to work or school.

While your car and the many costs that go along with it are necessary, there are plenty of ways to cut down on car-related expenses.

Preventive Maintenance

If you’re serious about cutting down on how much money you spend on your car, you’ll have to start before the check engine light comes on. Preventive maintenance can avoid larger, more costly problems in the future. Continue reading…

You Shouldn't Be Making Your Minimum Payment

Why You Should Be Avoiding Your Minimum Payment

Disclosure: We are not telling you to avoid making your minimum payment altogether, that would be nonsense.

When debt begins to pile up, it’s nice to know there are options for paying it off. Credit cards and other types of loans often have minimum payment options, which allow a person to only pay a portion that month of the total amount due. This can seem enticing, especially during a particularly tight month.

Even though the minimum payment is a much more attractive amount to pay than the total balance due, there are some negative consequences to this practice.

Stay In Debt Longer

When you pay the minimum payment, you do avoid repercussions such as late fees. The reality is, though, your minimum payment is doing little to eliminate your debt.

Oftentimes, it can take many years to pay off debt if you are only making the minimum payment, Fox Business explained. If you are continuing to use the card for purchases, this is even more Continue reading…

Car Emergency Kit

Emergency Car Kits: What Should Be In Yours

Emergency kit for broken-down car

Getting stuck on the side of the road is never a good situation.

Chances are, you are stressed or scared and in need of help. In a worst case scenario, someone in your car is hurt.

While it might not be fun to spend a Saturday putting together an emergency kit to keep in your car if your car breaks down. But when you find yourself on the side of the road, you will be thankful you did.

While some companies sell pre-assembled emergency kits to keep in your car, DMV.org warned that these aren’t always as inclusive as you might hope.

The best way to be prepared is to take the time to do it yourself.

Ways To Communicate

The first thing you will need to do when you get into an accident or your car breaks down is to get in touch with your family, police and your car insurance agent. You will also need to alert other drivers on the road.

If it’s dark, it will be hard for other drivers to spot you, which increases the risk of tangential accidents. Continue reading…

Financial Benefits of Cruise Control

The Financial Benefits of a Car With Cruise Control

Cruise Control Can Save You On Gas and Speeding TicketsCruise control is a common car feature many drivers love to use.

According a 2011 GasBuddy.com poll, more than one-third of drivers reported they almost always use cruise control when it’s safe to do so. Another 27% said they use cruise control more than half of the time.

Using cruise control has many positive features, including being able to rest your feet while maintaining a constant speed and not having to worry about driving too fast or too slow on a long trip.

One area cruise control benefits that some people may not realize is their finances.

Yes, using cruise control is not only convenient, but it can also save you money. Continue reading…

New Year's Resolutions

Resolutions You Can Make AND Keep For The New Year

2016 New Year Resolutions2016 is here and many are thinking about how they want to better themselves. Beginning anew in the first month of a new year is a symbolic time to begin a journey toward self-improvement. While the majority of goal-setters are making resolutions to live life to the fullest or to finally get in shape, there are still other aspects of life many can improve on in 2016.

Get Financially Stable

According to Nielsen, one-quarter of people set resolutions to save more and spend less. Even though the promise to pay down debt and begin saving money is made by many year after year, studies show that the majority of Americans are in debt. In fact, according to the Pew Charitable Trusts, 80% of people have some form of debt. Continue reading…