article thumbnail

Debt Consolidation Calculator | Bankrate

Savings Corner

Simply fill in your outstanding loan amounts, credit card balances and other debts. Fill in your outstanding loan amounts, credit card balances and other debts to see what your monthly payment could look like. Personal loans A personal loan is an unsecured loan that, unlike a credit card, has equal monthly payments.

Debt 52
article thumbnail

How to Save Money Fast – My Top 20 Tips

Penny Pinchin' Mom

This is how you learn more about each bad spending habit you may have. I set up a standing order from my checking account to my savings on the first of every month, still at $600. So, whenever I banked my check at the end of the month, $600 automatically disappeared from my savings account. Believe me!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How We Frugal-ed in June 2023

Family Balance Sheet

This update includes how we frugal-ed in April, May, and June. 2 – We opened up high-interest savings accounts and earned $250 in interest. We are in what I call our “shovel season of life” Our oldest daughter leaves for college in the fall of 2024 and we have a big savings goal to hit before then.

Frugal 100
article thumbnail

What Is A Personal Loan?

Savings Corner

One of the biggest benefits of a personal loan is that they often charge lower fixed interest rates when compared to other forms of lending, like credit cards. If you’re looking to get a personal loan, you’ll have to complete an application and wait for approval — a process that may take anywhere from a few hours to several days.

Debt 52
article thumbnail

How to Save Up for a Car Without Breaking the Bank

Penny Pinchin' Mom

Not only will that give you something to break down (how much you need to save every day, every week, and every month), but it will also help you visualize the end game; it will help you strategize better. It may even motivate you! Use Cash Every time you use your credit card, you are paying interest on that purchase.

Cars 52
article thumbnail

The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

Advantages of Paying Off Debt From a purely financial point of view, it makes more sense to focus on debt payoff rather than directing available cash to a savings account. Before I took up my Financial Reboot journey, I was more focused on growing my savings accounts as opposed to paying off debt first.

article thumbnail

How to Prevent Three Common Disastrous Personal Financial Mistakes

Prairie Eco-Thrifter

On their own, they may not seem too major but if you are guilty of more than one, you are seriously affecting your financial security. Set up a savings account linked to your checking account and automatically transfer a set amount every payday. Minimum Payments On Credit Cards. That was me, at any rate.