by Doris Dobkins
Have you ever wondered why most companies offer extended warranties (service contracts) for the products they sell? Do they already know that something is going to go wrong with your product or do they know everything will be well with it and they are just looking for easy profits?
DebtSmart Email Newsletter: 8/14/02
by DebtSmart Email Newsletter
In This Issue; Cool Statistic Letter from the Publisher; What is Better? Fewer Cards with Higher Balances; or Many Credit Cards with Smaller Balances?; Household Math™: Mortgage Savings Personal Budget Survey Six Keys to Budgeting Success Get Started on the Path to Financial Freedom! Low Overhead Eight Steps to Tackle the Money-Saving Process Why Warranties?; DebtSmart Resources; Subscribe/Disclaimer Information
by Gary Foreman
When I was a boy one local department store had a jingle that featured the repeated chorus of "low overhead, low overhead". They claimed to offer lower prices because they kept their 'overhead' down. And the same idea applies to our family finances. The lower your 'overhead' is the more...
Eight Steps to Tackle the Money-Saving Process (Part 1)
by Gregory Thomas
Asking the question if you really want to save more money may seem a little absurd, especially since everyone probably wants to increase their savings account and have more money to spend. Less debt and more savings sounds like the best of both worlds, right? The reason I'm asking if you REALLY want to save more money is to...
Six Keys to Budgeting Success
by Nancy Twigg
Although many people cringe when they hear the word "budget," our family budget has come to be one of my best friends. One key to abundant living for us is financial peace--knowing that we are living within our means while setting aside money to...
Household Math™: Mortgage Savings
by Scott Bilker
You have a 30-year, 7% APR, $150,000 mortgage. You know that you're going to pay back far more than $150,000 in that 30-year period and you want to save money. You decide that you want to save 50% of the total money repaid under the 30-year terms. The question is, how much more, by percent, do you have to increase your current monthly payment to save 50% on the overall payments compared to the original mortgage?
Survey Results: Who Really Pays the Bills Commentary
by Scott Bilker
Thank you for making last issue's survey such a success! As usual, you all teach me so much about how families deal with finances. I can always depend on your comments and I do appreciate that!
IRS Warns of Scheme to Steal Identity and Financial Data
by Internal Revenue Service
The Internal Revenue Service warned today of a fraudulent scheme currently circulating that uses fictitious bank correspondence and IRS forms in an attempt to trick taxpayers into disclosing their personal and banking data. The information fraudulently obtained is then used to steal the taxpayer's identity and bank account deposits. The IRS has received reports of the scam surfacing from...
Survey Results: Who Pays the Bills
by Scott Bilker
I hear from my friends that their wives or girlfriends are the ones that handle the household finances; that actually pay the bills. However, I'm not so sure that can be generalized to the average household so I'm going to need your help to find out who really handles the household finances.
How to File a Consumer Complaint About a Bank
by Federal Reserve
As a federal regulatory agency, the Federal Reserve System investigates consumer complaints received against state chartered banks that are members of the System. If you think a bank has been unfair or deceptive in its dealings with you, or has violated a law or regulation, as a consumer you have the right to file a complaint. The major consumer protection laws covering...