Bad Credit? - Repair it here yourself!

There're many reasons you may want help for bad credit. We're here to help you understand what affects credit, what makes credit bad, how and what entities define your credit, guide you through the credit definitions, financial concepts, common misconceptions and provide you with information and tools that will help to solve your credit problems. Get help for bad credit now! To achieve this, we provide you with Free Access to a wealth of credit related content, forms, tools and calculators. We show you how to improve your bad credit step by step, reestablish your ability to borrow monies, how and where obtain loans, credit cards, mortgages and other financing. Repair Credit now!

Save BIG and small - the things that you shouldn't do

Sat Jan 27, 2007 12:01AM | By Tony

See more in Personal Finance | Permalink | Email | Comments (0)

- don't lease the car because you can't afford buying it - you will waste a ton of money
- don't get a 30 year fixed mortgage rate just because it is more secure - you likely sell in 3 to 5 years
- don't go out for a month, see how much money you will save - I bet it'll be long before you go out again
- don't send your kids into Ivy league school before they know exactly what they want to do - community college will do just fine for a year or even two - then transfer - it is very expensive changing majors late in a game in elite universities
- don't go on vacations that are not all-inclusive - it will cost you much more
- don't select small deductible on auto and home insurances, chances are nothing is going to happen to your car or home - raising it from $250 to $1,000 will cut your premium by 15 percent to 30 percent or more
- don't put into 401k more than your employer matches - unless you have to get a tax break
- don't buy mutual funds with initial sales load, and/or a large expense ratio - try Vanguard for the cheapest yet excellently managed mutual funds
- don't buy anything other than term life insurance - the "cash-value" policies, including universal life, variable life, whole life and so on, will make your agent rich
- don't use traditional home phone line - go with "voice over IP" like Vonage or Comcast or what have you, or get an extended plan on your cell phone
- don't day-trade stocks, and especially on a margin - you end up losing your underwear
- don't buy into "buy and hold" strategy - the globalization and the world mess makes pretty much every company unsafe - only proven mutual funds and specialized sector stocks are somewhat good

Post a comment

Name:

Email:

URL:

Remember personal info?

Comments:

Please enter the code as seen in the image above to post your comment: