Best articles on how to save money for the week of 8/15/14
I read dozens of websites and blogs on how to save money so that you don’t have to. Here are my favorite articles on how to save money this week:
3 Ways to Save on Textbooks this School Year– College text book prices are insane! What the average college student pays for textbooks is more than what I paid for tuition my freshman year back in 1996. I don’t know how today’s students do it. Matthew from threethriftyguys.com has a few ideas.
4 Ways to Save Money at the Amusement Park- Just a couple of weekends left this summer, so you have few chances left to get to a theme park. Emily from moneyning.com tells you how you can do it without breaking the bank. I took my kids to see the world’s biggest waterslide last weekend and followed all of Emily’s tips. Biggest money saver was bringing a cooler fool of food for a picnic. Not buying food from the concession stands probably saved me $50.
Liability Car Insurance Coverage and Auto Accidents– Gary writing on yourpersonalfinancepro.com has a great primer on the different types of auto insurance to help you decide which kind you need.
How To Make Up To Extra $240 Per Year Manufactured spending is making purchases on your credit card without actually spending any money for the purpose of earning credit card rewards. For the beginner, it can be kind of scary. Most strategies are fairly complicated and involve several steps and a fair amount of hassle. If you want to try out manufactured spending out without quite as much hassle then Adam from modestmoney.com has a fairly simple way to create some purchases.
4 Bank Fees That Should Be Avoided At All Costs My latest article on ClarkHoward.com. Now, here is a special bonus just for readers of the ABC. This article originally was called 5 bank fees that you should be avoided at all costs, but the 5th fee was cut because it didn’t quite fit with the rest of the article. I went to the trouble of writing about the 5th fee, and I don’t know what else to do with it, so I’ll just share the scene that was cut because it was considered too hot for clarkhoward.com (not really) here.
Bank Fee you should never pay #5
Interest on payday loans- Just like credit card interest, this is an expense that absolutely no-one can afford. Payday lenders will try to convince people that their fee is a one time thing. They’ll also try to press the point that they are helping people get by occasionally when they have more expenses in a month than income. However, the high fees that payday lenders charge causes people to have even less money the following month. That forces them into another payday loan, which creates an expensive cycle that’s incredibly difficult to curb.
While I understand that there are times when it is hard to make ends meet, taking the easy way out by taking out a payday loan or not paying your credit card in full is just simply too expensive and it’s the kind of thing that keeps people poor forever. There are always better options on the table.