Savings Corner

APRIL 4, 2024

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. Source: Bankrate national survey of lenders As for 2024: The potential for Federal Reserve interest rate cuts could be good news for home equity loans.

Home 52

Home Debt Credit Cards Credit 52

Prairie Eco-Thrifter

JULY 29, 2014

However, some spendthrifts bypass the years of struggle and instead pretend to be on the same page with their spouse all the while shopping in secret and hiding the items they buy. These people may accrue thousands of dollars of debt on a credit card their spouse doesn’t even know about. Almost always, the lie comes out.

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Spendthrift Debt Marshalls Credit Cards 170

Savings Corner

DECEMBER 25, 2023

Veterans United, a lender that specializes in VA loans, surveyed borrowers between August and September 2023 who intended to purchase a home within the next three years. Of these borrowers, 27% reported that they anticipated buying within the following six months, while 40% projected that they’d be buying within seven to 12 months.

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Insurance Debt Credit 2003 52

Prairie Eco-Thrifter

MAY 1, 2013

The rule of thumb that states that it makes sense to spend 30% of your income each month on a housing payment doesn’t take into account the fact that you might have other debts, and that taking on more might over-leverage you. If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances.

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Prairie Eco-Thrifter

JANUARY 10, 2017

The Bureau of Labor Statistics does a survey multiple times a year, called the Consumer Expenditure Survey. One of the most recent survey’s available reported: “Average expenditures per consumer unit1 for July 2014 through June 2015 were up 5.9 Bureau of Labor Statistics (BLS) reported today. Why stay the course?

Spendthrift 100

Spendthrift Economical Consumer Recession 100

Prairie Eco-Thrifter

OCTOBER 17, 2012

I managed to rack up over $20,000 of credit card and personal debt by the time I was 23 and this affected my ability to keeo my first house. We live in a consumer-driven society and too many people impulse-buy, often things they don’t really need. There are several reasons, according to a recent survey. Well, actually, no!

Budgeting 214

Budgeting Budget Debt Money 214

Prairie Eco-Thrifter

JULY 4, 2011

Philip from Deliver Away Debt shares his story: How I Delivered Away My Debt. mbhunter from Mighty Bargain Hunter asks Are you contributing to this debt clock? and says, “The big debt clock is over $14 trillion now, but this other one is approaching $1 trillion, and may affect you more directly.&#. How about you?

Personal Finance 240

Personal Finance Finance Family Debt 240

Prairie Eco-Thrifter

MAY 26, 2016

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. What can you even buy for $.06? Of course, depending on what we buy, we may experience some buyers remorse.

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

FEBRUARY 19, 2013

I found some figures on expenditure percentages from a survey conducted by the Department of Labor , which gave me an idea of what the average person spent in different categories. The chances are you already have a hefty credit card debt you are trying to pay off, so adding to it is only going to make things harder. Bottom Line.

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Budget Budgeting Credit Cards Transportation 222

Couponing 101

DECEMBER 26, 2011

Shopping a little bit at a time over the course of the year can be easier for some people than paying one lump sum at the end of the year (and potentially using credit cards and going into debt.) Buy now and stash it away for next year and pay just 1/4 of the price! Some pay as much as $3 per survey!

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Christmas Toys Gifts Bath and Body Works 80

Prairie Eco-Thrifter

OCTOBER 5, 2011

7.) Pay only the minimum on debts. Until you have a job again, focus on keeping your financial reserves, as you may end up regretting paying that extra $20 a week off your debt. It will cost you in interest, but if you have no income for a long time, you won’t be able to get the extra your paid off the debt back again.

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Unemployment Debt Job Loss Money 200

Couponing 101

JANUARY 4, 2011

Shopping a little bit at a time over the course of the year can be easier for some people than paying one lump sum at the end of the year (and potentially using credit cards and going into debt.) Buy now and stash it away for next year and pay just 1/4 of the price! Some pay as much as $3 per survey!

Saving Money 74

Saving Money Christmas Money Bath and Body Works 74

Prairie Eco-Thrifter

OCTOBER 15, 2011

Money Cone: 9 Impulse Buys that Turned Out Better than Expected We’ve all bought stuff based on commercials that turned out nothing like how it was advertised. Sometimes we buy stuff on a whim, only to be disappointed later. But not all my impulse buys have been duds. That man was Steve Jobs. Shamwow guy, you listening?)

October 200

October 2011 Finance Personal Finance 200

Prairie Eco-Thrifter

JUNE 14, 2012

” John presents Q1 2012 Credit Card Debt Study posted at Card Hub , saying, “The first quarter of 2012 indicates consumers are paying down credit card debt. Will this trend continue throughout the year, or will consumer credit card debt follow the same path it has in previous years? Here are the answers.

Money 124

Money 2012 June Credit Cards 124

For the Mommas

JANUARY 23, 2013

Nearly 46% of consumers say they typically consider making a financial resolution – up 31% since the first year of the survey in 2009. Saving more (52%), spending less (19%) and paying off debt (19%). Is now really the best time to buy that new couch or could you find one for free? Paying Off Debt.

Monitors 40

Monitors Credit Debt Consumer 40

Savings Corner

DECEMBER 27, 2023

Bonus rewards are awarded based on where you buy something, not what you buy. Most cards offer a “grace period” : If you pay your balance in full on each statement — meaning you don’t roll over any debt from one month to the next — you won’t be charged interest. So if your interest rate is 17.5%

Credit Cards 52

Credit Cards Credit December Airline 52

Prairie Eco-Thrifter

JANUARY 14, 2012

The Debt Princess: The Kool-Aid Effect: The Relationship Between the Poor & Nutrition – A look into how the working poor are eating unhealthy. The only investing strategy that makes sense to me is buy and hold. Buy an energy efficient water heater. Read on to lean my thoughts. Turn off the lights.

Credit Cards 220

Credit Cards Credit Finance Personal Finance 220

Prairie Eco-Thrifter

MARCH 14, 2011

Stephan Marks presents How to Make Money with Paid Surveys posted at Promo Code Center. Sandy presents Video: Beware of Illegal Debt Collection Practices posted at My Cheapass Blog , saying, “Some debt collectors will try anything to get you to pay, even some illegal tactics.func&#.

Frugal 150

Frugal Movies Finance Bills 150

Prairie Eco-Thrifter

OCTOBER 4, 2011

The strategies did keep us out of debt however, and instilled in us habits of self-reliance, attitudes of ‘we can do that’ and a measure of life-long thriftiness that we might not otherwise have had. According to a survey they did, at any one time about 16% of homeowners are involved in remodels.

Home and Garden 198

Home and Garden Cars Car Re-use 198

For the Mommas

MAY 22, 2012

The term “sinking fund” was originally a business term used to designate a savings account where a corporation holds funds for the repayment of a debt in order to improve their liquidity. There are dozens of ways to earn money from home – from online surveys to starting a blog. Today I’m participating in the Ultimate Blog Swap.

Craigslist 78

Craigslist West Virginia Bank Banking 78