Archive for the ‘Finance’ Category

Millennials Are Consistently Frugal

Tuesday, August 19th, 2014

Market research indicates that Millennials love bargains and actively search for them. This group, born between 1980 and 2000, understands the effects of an up and down economy, and so the individuals want to know how to save a dollar.

What tactics do Millennials employ to stay as frugal as possible? Several strategies factor in.

One, social media is important to this generation. Millennials know social media well, and use it to communicate opinions, photos and even where to find the best bargains. Many individuals talk about some bargain or coupon in their social media status.

Two, Millennials go online and do their homework. Where is the best deal on a certain item? What is the best price on income tax filing? Turbo tax software is much more attractive to this group than the paid tax preparer.

Three, these young people know what they want to pay, and they stick to that price. If a merchant does not meet it, they will find one who does–whether it’s a brick and mortar store or a website.

Lastly, Millennials set a limit to their spending, and they stick to it. They look around for the best deal. Access to the internet facilitates this because comparison shopping is so easy online.

Making Sure Whichever Loan You Get Is The Best You Can Secure

Thursday, July 31st, 2014

Sometimes you are going to find people who rush loan applications because they are so eager to get some extra money in their pocket when borrowing from a legal money lender. However, let me encourage you to take the time compare each money lender to each other, especially if you live in the Singapore area. I cannot tell you how many times I have found people locking themselves into a loan with an interest rate that is way to high for their own good, and let me tell you, there are quite a few things that you can do that will help you avoid doing such thing. First of all when you begin looking to borrow either a personal loan or a payday loan singapore I want to encourage you to consider visiting a money lender directory.

Money lending directories no doubt are amazing because they are compiled of useful information that has been collected to help loan consumers like yourself find that perfect loan while being able to establish a low interest rate. If you have already been looking to borrow a loan you may have discovered by now that low interest rates are extremely important because it determines how much more money you have to spend in order to completely pay the loan off. I remember a good friend of mine coming over not too long ago and sharing with me that he was going to have to spend about twenty grand more than he had to because of his interest rate. After listening to him talk about his current loan situation I quickly discovered that he had gotten locked into a loan rate that was so high for one simple reason. He rushed the loan application process. So when borrowing a loan be sure to take the time to compare each lender to each other as I can assure you this will help you get a better credit rate.