Plugging Up The Money Drain, Part I – Housing, Auto, & Groceries
This article is the first part of a four part article series on advice about how you can stop and plug your money drain. This article is title the – Plugging Up the Money Drain, Part One – Housing, Auto, & Groceries. Watch out for the next three articles coming soon after this article in the next few days.
Could you free up an extra USD 200 in your monthly budget, or $300, or $500? Perhaps you think you cant, but what if you absolutely had to? Freeing up money each month would let you pay off a debt or pay for a new roof for your house. Let us look at how to save money in the three largest parts of our budget.
Housing usually takes up the largest part of anyones budget. If you rent, finding a less expensive place or a house mate might be well worth the change. You might be able to find a place of equal value, but costs less. If you own your home, see if you can qualify to reduce your real estate taxes and see if you have enough equity to drop your mortgage insurance. If mortgage rates have dropped it might be worth it for you to refinance your loan. Comparison shop...
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