I hate taking my car to the mechanic to get repairs. I always worry that I’m going to be overcharged for the repairs needed to fix my car. I have to admit that I am not mechanically inclined in the least little bit. My best friend and I tried to change my oil one time in high school, and we quickly gave up after accidentally dumping several quarts of oil on his parents’ driveway. Even if you are not knowledgeable about taking your car to the mechanic, there are several ways that you can save money on car repairs. If you educate yourself a … [Read more...] about Eight Easy Ways To Save Money On Car Repairs Right Now
Archives for December 2011
The Fine Line Between Too Much Insurance And Not Enough
A few weeks ago I wrote a guest post on one of the biggest personal finance blogs around, Free Money Finance, about the ten insurance policies that everyone should own. There is a fine line with having too much insurance. I took some heat in the comment section of the post from people who said that the ten different types of insurance policies I listed would leave me insurance poor. Maybe they would do that, but maybe they wouldn’t. How many insurance policies are too many? How Many Insurance Policies Do You Need? Do you need ten different … [Read more...] about The Fine Line Between Too Much Insurance And Not Enough
The Little Expenses Incurred Can Quickly Add Up
I have to admit that when I stand in line at the grocery store (or any store for that matter) that I am always tempted by the impulse purchases in the racks by the checkout counter. What’s the harm in those little expenses incurred? It is only a dollar or two, right? But, those dollars add up. It is the little expenses in our lives that can really get us into trouble and knock our family’s monthly budget out of whack if we are not careful. The little expenses add up over time. We Study Large Expenses Incurred We bend over backwards to find … [Read more...] about The Little Expenses Incurred Can Quickly Add Up
Do Your Investments Suffer From Mutual Fund Overlap?
How many mutual funds do you invest in? Do you have several spread out between Roth IRAs, or do you invest in several mutual funds through your company’s 401k retirement plan? Do you know which stocks those funds invest in? You may suffer from mutual fund overlap. You may be surprised to learn that many of these mutual funds overlap. There can be a real danger in mutual fund overlap, and you may not as diversified as you think. What Is Mutual Fund Overlap? When a mutual fund does well, investors pile into the investment. Eventually, you … [Read more...] about Do Your Investments Suffer From Mutual Fund Overlap?
Top 5 Tips For Cutting Insurance Costs
In a recent survey, 80% of Brits said they would be looking to save money in the coming year by trimming the amount they spend on financial products, despite the fact that a similar proportion have never changed providers. Thankfully, the home insurance market is already very competitive, with big banks squaring off against smaller providers and driving down prices such as home insurance products from Santander. That's not to say, however, that there isn't always a way to save a few more pennies, and here are some useful tips. … [Read more...] about Top 5 Tips For Cutting Insurance Costs