Can you afford Not to look After your Personal Finances?

Written by Mika Hamilton


Investing is a subject a lot of people don’t want to think about. And there is good reason for that. Investing seems scary. It either sounds like something onlyrepparttar rich do or something that only a skilled professional can do. Butrepparttar 136314 truth is that investing is something that everyone can and should do—as soon as possible.

Why should you start now?

Think about this. There are two ways to make money. You can exchange your time for money or you can make your money work for you. Most of us work 40 hours a week. In this case, you are trading your time for money. But wouldn’t you rather earn more than you are making? If you are making $1,000, wouldn’t you rather be earning $5,000? Most people thinkrepparttar 136315 only way to earn more is to work more. Work overtime is their motto! But there is more to life than working. Investing gives yourepparttar 136316 chance to let your money work for you—saving you time and earning you money.

But isrepparttar 136317 purpose of investing to get rich?

Some people don’t invest because they think that investing is something you do to get rich. They figure they’ll never earn enough to get rich, so why bother. But that’s not what investing is for. Investing is a way for you to be able to maintain your current lifestyle.

Think about this: what ifrepparttar 136318 company you worked for suddenly closed down? What are you going to do when you get to retirement? Sometimes working more is not a viable option. Investing gives you another source of savings and earning income. You don’t invest to become a multi-millionaire (of course no one would stop you if that happens); you invest so that you can provide for yourself inrepparttar 136319 way you are accustomed to both before and after retirement.

Many people are convinced that investing isrepparttar 136320 right thing to do at this point, but, there are some misconceptions people have about investing that prevents them from actually doing it. These misconceptions are that:

How to Get the Best Mortgage

Written by John Mussi


This is a guide on how to getrepparttar best mortgage deal. Do not rush intorepparttar 136296 first offer that is made to you even if you are in a hurry for a mortgage. Take your time, check out what is on offer from local banks, building societies and mortgage brokers. The more time you spend doing this will equate to greater savings on your mortgage. Remember for most people it is something that they will only do once, so do it right!

Shopping around for a mortgage will help you to getrepparttar 136297 best financing deal. A mortgage—whether it's a home purchase, a refinancing, or a home equity loan—is a product, just like a car, sorepparttar 136298 price and terms may be negotiable. You'll want to compare allrepparttar 136299 costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of pounds.

Get quotes:

Different lenders may quote you different prices, so you should contact several lenders to make sure you're gettingrepparttar 136300 best price. You can also get a mortgage through a mortgage broker. Brokers arrange transactions rather than lending money directly; in other words, they find a lender for you. A broker's access to several lenders can mean a wider selection of loan products from which you can choose.

Get Costings:

Be sure to get cost information about mortgages from several lenders or brokers. Know how much of a down payment you can afford, and find out allrepparttar 136301 costs involved. Knowing justrepparttar 136302 amount ofrepparttar 136303 monthly payment orrepparttar 136304 interest rate is not enough.

Ask each lender and broker for a list of its current mortgage interest rates and whetherrepparttar 136305 rates being quoted arerepparttar 136306 lowest for that day or week.

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