Month: April 2014 | Debt Management Credit Counseling Corp.

Thrifty Spending Issue 105

January 5, 2021April 30, 2014 by jstokes

FEATURE ARTICLE: Are you buying a lemon?

Buying a vehicle can be both a stressful and rewarding experience, especially if you plan on purchasing a used vehicle. Even if you get great financing and find the exact car you want with all the extras, there is still a chance that the car may not be as reliable as you hoped. To avoid any future headaches, and empty bank accounts, be sure to do all of your homework first.

MONEY SAVING TIP: Get your credit score up!

If you have good credit and you are planning to purchase a car or home, it is well worth the wait and effort to raise your credit rating. It should only take a few months to correct your score and it could save you big money.

DID YOU KNOW…Fewer than 10% of all U.S. citizens nearing retirement have sufficient investment or retirement income to maintain their current lifestyle.

Do you want to be in your sixties and still worried about how you’ll pay your bills in the coming years? Start saving for retirement as soon as possible to help ensure you’ll have the funds you need to afford that dream house.

Thrifty Spending Issue 104

January 5, 2021April 21, 2014 by jstokes

FEATURE ARTICLE: Scammers now accepting Green Dot MoneyPaks

Dinah Keck didn’t realize the caller was a crook. The caller told the 70-year old, who lives near Ann Arbor, Mich., that she had won $3.5 million dollars in a lottery.

All she had to do was pay $3,500 to cover administrative fees and taxes and the check would be on its way. Those payments would be made via Green Dot MoneyPaks – $1,300 upfront and then $200 a month.

Keck went to the store, bought the MoneyPaks and gave the “award company” the PIN codes to access $1,500.

MONEY SAVING TIP: Mail order subscriptions

Going to the drugstore for prescription pills? Heading out to shop for dog food? Ugh. Do yourself a favor and handle some of your common purchases with a mail order subscription. Not only can you substitute a trip to the pharmacy with a nap, you can also save money.

DID YOU KNOW…you can actually get a free college education at a handful of schools?

For example, Berea College in Berea, Ky., covers the full $20,900 tuition for all students, out of a combination of grants, scholarships and work-study.