(Financial advisor) The Simple Life?
No commentsBy Justin Lukasavige
Often times I meet with people who claim they are too busy to maintain their finances, search for a better career or even clean their own home. While I agree that paying a cleaning service $60 per month is a great idea if you could better use that time with family or make more money during that hour, you really do need to carve out the time to take charge of your life.
Take balancing your checkbook for example. In its simplest form, balancing a checkbook consumes minutes each day. If you use Quicken or Money it may take even less. The problem usually lies in the amount of time required to initially set up any system. So how do you find the time?
That just happens to be an easy answer.; you dont find the time. You cannot make the time either. We all have the exact same 168 hours available each week. Making more time is impossible. The answer to this question lies in prioritizing.
Is it more important to watch a movie or TV when you come home from work, or to take a walk with your family or even develop your household budget for the first time? What about getting out of the rut you have been in for the past seven years and find a career you are passionate about? It all comes down to prioritizing.
Make a list of everything you want to do during your week. Make sure to include not only work on your finances, resume, job searches, cleaning, working, eating and driving, but also family time, exercise and personal development.
At the top of the list put the most important thing in your life and begin to work backwards. No time left at the end of the day for TV? You either have to reprioritize and put TV higher (hopefully not at the cost of something more important) or you dont get to watch TV.
It has literally been months since I have seen even thirty seconds worth of TV. I cannot tell you what is happening on the latest reality TV show, but I can tell you that I am passionate about what I do for a living. I also know exactly where every dollar of my familys income goes. Set your priorities straight and the rest will follow.
Justin Lukasavige is a Personal & Business Coach and owner of Lukas Coaching. Visit www.lukascoaching.com/resources.htm for a ton of free tools to help you improve your health, finances, business, career & life!
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The Right Way to Refinance Car Loans
By Steven Walters
Even if your credit isn’t perfect it’s still easy to refinance car loans online. Refinancing your car loan can help you in several ways. Plus, finding an online auto refinancer is so easy thanks to the number of lenders trying to get your business. The downside is that you will need to meet some criteria to refinance car loans.
Benefits to Refinance Car Loans
Car loans can be refinanced for a variety of reasons. Mostly though auto loans are refinanced to save money on the monthly car payments. When you refinance your car loan you can get a better interest rate and you can also lengthen or shorten the term of your loan.
If you bought a car when you had bad credit or even if you had good credit and your credit has since improved you can get a better interest rate by refinancing the car loan now. A better credit score justifies a better credit rate. A reduction of several percent can save you significantly on your monthly auto loan payments.
Requirements to Refinance Car Loans
Now the bad news. You will have some requirements to meet in order to refinance your car loan. First of all the cars value must be greater than the the amount you currently owe on the car loan. If you owe more than the car is worth this is called an upside down loan and you won’t be able to refinance the auto loan.
If you can, reduce the amount you still owe and then try refinancing the car loan. This will mean either increasing your monthly payments temporarily or making a lump sum payment. Two other requirements you’ll need are that the car must be less than 5 years old and the total amount still owed on the car loan must be at least $7500 although you may find some online lenders who are willing to drop this requirement.
How Does the Car Refinancing Process Work?
It’s simple to refinance car loans. First you’ll need to get the remaining loan balance from your current lender. Then, go online and find and auto refinance company and complete their online application. You’ll be asked about the make and model of your car, the model year, any options like power brakes, CD players, alarm systems, etc. You may also be required to supply the VIN on the application. The really nice thing is that online auto refinance approvals are instant.
Selecting an Auto Loan Refinance Lender
While selecting the right refinancing lender is important, it is an easy part of the process. This is because there are so many lenders online competing for your business that you can get several quotes from different lenders in a short period of time and compare the offers. Then simply accept the best one. Online lenders mean that when you refinance car loans you can now pick and choose the loan that will save you the most money.
Learn more of the benefits to refinance car loans and why auto refinancing can save you money at the authors website.
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Wednesday, October 8th, 2008 at 11:45 am and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
