Quote of the Day!

Life is for learning? Learning what? You name it. There’s a lot to learn.

***

Learning is not attained by chance, it must be sought for with ardour and attended to with diligence.

---ABIGAIL ADAMS - 1780

Thursday, July 30, 2009

8 Ways to Stretch the Almighty Dollar

1) Cut your car insurance by increasing your deductible.

2) Check into dropping your mortgage insurance if your balance is low enough.

3) If you’re salaried, take your next raise and direct it to an RRSP or other retirement plan.

4) Save for college by having kids earn on their savings,or open a Trust Fund account in their name at your local bank.

5) Spend twenty minutes per week staying up on your financial options.

6) Invest some of your cash in stocks, bonds, or stock mutual funds.

7) If you don’t need it, don’t buy it. If you can’t pay for it, then don’t buy it, and if you don’t understand it, don’t buy it.

8) Analyze your health care plan. You may be driving a Cadillac when a Chevrolet will do.

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