How to Get a Loan if You Have Bad Credit

So, are you looking to make some much-needed home improvements? Maybe you are expecting a child and need to upgrade your car. Or perhaps you just fancy a nice break and want to take your family on holiday. But, your credit score is holding you back from securing the much-needed financial boost to make your plans a reality? Don’t worry! There are lenders that specialise in personal loans for those who have suffered with a bad credit score in the past. And, looking for these bad credit loans has never been easier so what are the options that are available to you?

Secured Loans

Secured loans require an asset of high value which is normally your property. What this means is that if you take out a loan and fail to keep up with the repayments, then your home could become the lender’s property. This type of loan is much easier to secure if you have a bad credit history because the lender has the security of your home as a financial backup.

Secured loans can be an excellent option for homeowners who are in need of a much-needed financial boost and are confident that they can make all of the loan repayments and on time. However, taking out a loan of this type isn’t a decision that you should make in a rush as it is a big financial commitment to make. Before taking out a secured loan, you must carefully evaluate your income and your outgoings to determine whether you can make the repayments.

Unsecured Loans

Unsecured loans are loans that are offered to individuals without the lender requiring a financial asset as security.  This means that the risk of not paying the money back in time is a lot lower compared to a secured loan. However, there are still a few drawbacks associated with taking out this type of loan.

In general, unsecured loans are much harder to obtain if you have a poor credit score, and if you want your loan application to be successful, you are likely to carry a much higher interest rate. However, this shouldn’t always be regarded as a negative thing. Unsecured loans are much easier to secure, and if you have a poor credit score that you want to improve, then this can be one of the most effective means of doing so.

Another drawback is that you default on an unsecured loan, the lender still has the legal right to take action against you in order to get the money back that they lent you.

Things You Can Do To Improve Your Bad Credit Score

Your credit score is a major key player as to whether you will secure any type of personal loan whether it be secured or unsecured. The better you have managed your finances in the past will mean that you are more likely to be offered lower interest rates on most types of credit and this also includes mortgages. And, apart from managing your finances and paying back any outstanding loans on time, there are a few different things you can do to improve your bad credit score.

Consider a Prepaid Card

Unlike a credit card, you don’t need to be credit checked to get a prepaid card. These cards are very simple to use and work in a very similar way to pay-as-you-go SIM cards.

Use Your Savings to Cut Down Existing Debt

One very simple and effective way of cutting down any existing debt is by using your savings if you have some. Although you may have a sense of comfort knowing that you have savings in the bank, it’s worth thinking about the benefits of parting with them. You will pay much less interest back plus you will have more credit available to you once the existing debt has been paid off.

If you have a savings pot in place for emergencies then don’t worry about using them to pay back debt. Because, if a situation does arise where you need access to additional finance then you will be able to use credit instead.

Check Your Credit Report for Any Mistakes

Mistakes can be made by banks and lenders which means that the wrong information could be passed onto credit reference agencies. This is why it is important to check your credit report every now and then to ensure that all of your financial information is accurate.

Register to Vote

The electoral register is one of the things that credit reference agencies check to confirm your identity. This is so they can double check for any fraudulent credit applications. Just registering reassures a lender that you are a real person.

 

 

Is Real Estate a Good Investment in 2019?

Are you interested in investing in real estate? Does it seem like a viable option to increase your wealth and build up a nest egg?

Many Americans think so. In fact, 34 percent believe that real estate is the best investment option. Only 26 percent of Americans say the same about investing in the stock market.

Is real estate a good investment, though? Is that where you should be placing your hard-earned money?

Read on to learn more about the pros and cons of real estate investment to figure out if it’s a good option for you.

Types of Real Estate Investment

Before we get into the pros and cons of real estate investment, it’s important to understand the basics. This includes learning the different types of real estate investment.

The following are some of the most popular types that you might want to consider:

Commercial Properties

As the name suggests, commercial properties are intended for commercial use. They include office buildings, retail shops, and industrial properties (warehouses, manufacturing facilities, etc.).

Residential Properties

Residential properties are places where people live. You could invest in single-family homes or multi-family homes (townhouses, apartment buildings, etc.).

Mixed-Use Properties

Mixed-use properties are a combination of commercial and residential properties. You can read more here about these and why they can be a good investment option.

REITs

Buying a property to rent out or sell is the most popular real estate investment option. You don’t necessarily have to buy property to be a real estate investor, though.

For example, you could also invest in REITs (real estate investment trusts). These are companies that own commercial real estate and pay high dividends, so they’re a great option for folks trying to save for retirement.

Is Real Estate a Good Investment? Pros and Cons

The answer to this question isn’t exactly black and white.

As with other types of investing, there are pros and cons to investing in real estate. For some people, it’s a great option, but that doesn’t mean it’s right for everyone.

Listed below are some pros and cons you ought to know if you’re considering real estate investment:

Real Estate Investment Pros

When you invest in real estate, you have direct control over your investments. This isn’t the case with other types of investments, where you’re subject to the fluctuations of the market.

Real estate investing allows you to earn passive monthly income from your tenants. It’s a great option for long-term investors who want to add to their retirement funds or want to reach another financial goal faster. You can also earn tax benefits when you choose this type of investment.

Investing in real estate is also great because, in many cases, you’re investing in a physical asset. That asset is also insured and always has value. Even when the market drops, your investments are still worth something.

Real Estate Investment Cons

There are lots of reasons why real estate investing can be a great option. It’s not right for everyone, though.

Real estate investing can be quite time-consuming, especially if you plan to rent and sell multiple properties.

As a real estate investor, you might also have to act as a landlord and deal with tenant issues — unless you choose to hire a property manager, which can be expensive.

Real estate investments are insured, but they come with additional liability, too. It can also be hard to secure financing, and you’ll have to make sure you keep tenants at all times, otherwise, you could be subject to serious cash flow issues.

Getting Started with Real Estate Investment

After reading through the pros and cons of real estate investment, have you decided that it’s something you’d like to pursue?

Whether you want to invest in commercial real estate, residential real estate, or mixed-use real estate, it’s important to have a good investment strategy up your sleeve.

Read on for some tips that will help you get started and make the most out of your investments:

Do Your Research

Start by doing some research into the real estate market in the area where you’re considering buying property. Learn about the different types of properties you can purchase, too, and think about which one is ideal for you.

Set Goals

Think about what you want to accomplish with your real estate investing, too. Why do you want to invest? What do you want to do with the money you earn from investing?

Raise Funds

Your next step is to secure funding for your property. Start meeting with lenders to see who will help you fund your investment. Keep in mind that lenders are often more willing to provide funding for commercial properties than for residential properties.

Buy Your First Property

Once you’ve secured funding, it’s time to purchase your first property! You might want to consider hiring a realtor to help you find a great property in a great location.

Fix it Up

Depending on the state of the property when you purchase it, you may need to do some renovating to get it up to code and suitable for tenants. You can also fix up properties and then sell them for more than you paid — this is known as fixing and flipping.

Find Tenants or Buyers

If you do decide to rent out your property, you’ll need to start looking for tenants.

List your property on real estate websites or in the local paper to find people who are looking for a place to rent.

If you’re going to flip your property, you can still list it on these websites or in the local paper, you’ll just be looking for buyers instead of renters.

Learn More About Investing Today

So, is real estate a good investment? For many people, the answer is yes.

The key to really benefiting from investing in real estate, though, is to make sure you’re that you have a good strategy in place. Keep these investment tips in mind and you’ll have a much easier time seeing benefits from this type of investing.

Do you want to learn more about investing?

Whether you want to continue to pursue real estate investing or you want to learn about other options, you’ll learn everything you need to know by checking out the Investing section of our site.

Visit it today for all kinds of helpful articles on investing and making your money work for you.

Borrower Beware: 5 Things to Consider Before Taking Out a Bank Loan

Happy young couple signing agreement or contract. Health insurance document, bank loan, mortgage or apartment rental paper. Woman and man having meeting with salesman or real estate agent.

It’s estimated that one out of six Canadians is struggling with their household finances. Due to these financial stresses and concerns, many people consider taking out a bank loan.

While this can be a viable way to get the funds that are needed, it’s important to consider a few things before moving forward with this process. Keep reading to find out what you need to think about before accepting this loan.

1. Why Do You Need the Money? Is There Another Option?

It’s important to know why you need the money and this is the most critical factor to consider before taking out a loan. After all, borrowing money is a huge financial step, and it can either help or hurt you – based on how you manage it.

While you can take out bank loans for any purpose, consider whether or not it’s absolutely essential and if you have the funds to pay it back. If the loan isn’t absolutely essential, and it may put you in a financial bind in the future, then it probably isn’t worth it.

2. Get to Know Your Credit Score

Once you know why you want the loan and are confident you can repay it, you need to figure out what type of loan you can qualify for. This is where your credit score comes in.

Your credit history and credit score are the lifeblood of your financial health. If you don’t have credit – specifically good credit – then getting lower rates, lower payments, and more savings.

You need to get to know your credit rating before applying for a loan. If improvements are needed, make them before applying.

3. Get to Know the Specific Terms of Your Loan

Before you sign the papers for your new loan, be sure that you understand all the terms. This includes the annual percentage rate, the total cost that you are going to pay for the loan, and all the fees that may be applied to it.

Some of the specific fees that you need to find out about include:

  • The loan origination or loan processing fee
  • A failed payment fee
  • Prepayment penalties
  • Late payment fees

It’s also important to know how the interest is calculated on the loan that you are considering taking out. If interest is compounded, it is going to build on top of the existing interest while you try to pay off the loan.

This is usually calculated on a monthly or even a daily basis, so it is smart to make early or additional payments to reduce this cost.

Taking out a Bank Loan: Now You Know

If you are thinking about taking out a bank loan, then considering the information here is a must. This will ensure you are prepared for the loan that you ultimately receive.

If you are looking for more information about managing your finances, it’s a good idea to read some of our other informative blogs. For example, we have a blog on how to make money from Pinterest.

Why You Should Seek Advice From a Mortgage Adviser

Getting a mortgage can feel like a long, complicated process at times. From working out your budget to finding the right deal, to calculating all the various costs, it can feel like a lot. As a mortgage is one of the most significant financial decisions that you’ll make in your life, it’s crucial that you do all you can to make sure that you’re find the right product for you.

With how much there is to cover when choosing a mortgage, many people enlist the help of a professional to find the right deal. Either an online service or a physical person that you got to see, a mortgage adviser is there to give you advice during the whole process as well as helping you find the right deal.

Mortgage Advisers in a Nutshell

Mortgage advisers (or brokers) are there to act as a middle man between you and the lender.

There are thousands of loan products on the market split between many lenders, so trying to go through them all and find the right one might seem like an arduous task. If you talk to a bank or building society, even if you’ve been with them for many years, they will only have a small number of loan products and definitely won’t tell you about any better deals out there.

If you use their service, it’s then their job to find you the deal best suited to you and your situation. Most will also offer to help work out other costs as well such as Stamp Duty, Life Insurance or Building’s Insurance.

How They Work

There are two different types of adviser: Online and physical. While both have the same goal, they operate in different ways with the outcome depending on your own input and financial situation.

They are legally required to offer advice when they recommend any kind of loan to you. With a physical adviser, the first thing they will do is assess your financial situation. They will do this by looking at the documentation you provide them. This will usually include:

  • Bank statements (At least three months’ worth)
  • Your most recent P60
  • Payslips (at least three)
  • Business accounts (Only if you’re self-employed)
  • Proof of address (a recent utility bill)
  • Proof of identity (A driving licence or passport)

After the paperwork has been reviewed, they will usually ask more questions about your financial situation to gain a better understanding of your needs. Should you have special circumstances, they will also need proof. It’s always a good idea to be as organised as possible before your first meeting. If you want to make sure things run smoothly, all available paperwork should be on hand as well as any questions you might have already written down. Plus, having all your documents to hand will already give you an idea about your current financial situation even before you meet with an adviser.

The Benefits of Getting Advice

While talking to a professional before you apply for a mortgage isn’t a legal requirement, it does have many benefits. One of the main ones is that they are experts in their field. Plenty of people find the process confusing, so an adviser will be there to guide you through and explain everything in plain English.

Since a mortgage adviser has a good idea of your finances, they’ll be able to work out the level of repayments you’ll be able to afford month to month as well as what the best type of loan will be. This means you’re all but guaranteed to end up with a mortgage deal that’s perfect for you.

They will also have the resources to look into all the deals on the market, with some even having exclusive deals with certain lenders. Many will also offer to chase any conveyancing paperwork for you which can mitigate some of the stress involved in the whole process.

If you still aren’t sure, remember that you aren’t limited to talking to just one. Feel free to consult mortgage advisers, your bank and do your own research if you really want to get all the information that you can.

The Risks of Not Seeking Advice

If you choose to apply without getting any advice, it’s called an “execution-only” application. While this is an option, keep in mind that it comes with its own set of risks.

Even those who are financially savvy can feel overwhelmed by the process of getting a advisor. If you do it alone, you must bear full responsibility for your choice. You could end up for the wrong type of deal for your situation which would be a costly mistake. You could also be rejected from your chosen lender. While no lender will say no just because you didn’t take advice, they will if you either didn’t understand the restrictions of the deal or what type of circumstances the deal was originally designed for.

Getting advice will also give you more rights should you want to complain. If you get advice and the mortgage you end up with turns out to be unsuitable, you’ll have more of a legal leg to stand on.

It’s important to think long-term when applying for a mortgage. Not only is it a huge financial decision, but it’s also one you could be paying off for decades. While it’s completely your decision whether or not you seek advice, keep in mind that it’s a few hours of your time that’s helping set you up for borrowing a lot.

What Kind of Loans Exist and Which Ones are the Best for You?

In a fix and need some money quickly? You’re not alone. It’s something many of us have been through. Thankfully, there are more ways than ever to get that money you need these days. While you might be able to sell something or find some other way to raise capital, one of the best and most effective ways to raise large sums of money these days is with a loan.

However, simply getting a “loan” isn’t that straightforward. If you’re new to this sort of money-management, you probably don’t know where to start. The reality is that there are so many different types of loans knowing which one is right for you can be a bit confusing. Thankfully, you’re in the right place. In this article, we’re going to look at a number of different loan types so you can have a bit more info on whether they’re right for you, and how much they might end up costing.

Short-term income loans

These sorts of loans are getting more and more popular. You might have seen adverts for them on television or even some stores popping up in your local area. If you need money quickly, they can be an effective way to tide you over until you next get paid. That’s what these loans are designed for. They aren’t really for longer periods of time, as interest rates can be very high.

Obviously, you’ll need to have a job to get a payday loan and your earnings will be checked to determine how much you can borrow. Make sure you pay this sort of loan back as quickly as possible as the fees and rates can be really high, and you could get into a situation of spiralling debt. While you won’t be able to borrow a huge amount with these loans, it could be a quick way to get some useful money. And they’re reasonably easy to qualify for. These loans can be one of the better if you need quick money.

Mortgages

You probably know about mortgages already, but not everyone knows that they’re a type of loan, too. These loans are predominantly for buying houses and normally have payback periods of 25-30 years. You’ll end up paying a lot more than the value of the house in the long run, but there often aren’t really any other options if you want to own your own property, as up-front costs can be huge.

The good news with mortgages is that the rates are very low. That’s because it’s got such a long repayment period and because the risk is relatively low for the lender (they can take your property if they have to). However, mortgages have become slightly harder to get in recent years since the credit crunch. Before then, almost anyone could qualify and you could often get massive multiples of what you earn. Mortgages are one of the more well-known revenue based loan options around.

Nowadays, lenders are a bit more careful. You can generally borrow around 5 times your yearly salary in a mortgage. This can vary a bit for families and other types of borrowers. One important thing to remember with mortgages is that you will still need a deposit. Most lenders these days will need about 5% of the total value of the property. Paying a bigger deposit could get you even better terms.

Traditional bank loans

If you just want a medium amount of money (more than a payday loan but way less than a mortgage), you could simply try a traditional bank loan. These are often overlooked these days with tons of different ways to raise capital, but they could still be viable. These sorts of loans should be seen as medium-term options. They won’t have rates as low as mortgages but should be a bit better than payday loans.

You will have to qualify for this sort of loan, and that isn’t always straightforward. You might need to tell the lender what you need the money for and you will have to show proof you’ve got the means to pay it back (normally a history of your earnings). To improve your chances, you might be able to put something up as collateral (like a vehicle).

Business loans

If you’ve got a business that you need money for, that’s a whole other area of financing. Most of the advice so far has been for individuals rather than businesses. Business loans can work similarly to traditional bank loans and might afford you a reasonable sum with acceptable medium-term rates.

The amount you can borrow and your likelihood of getting accepted will depend on the sort of business you’re running and what your cash flow is like. Lenders generally prefer to give money to established businesses that are doing well enough to pay them back.

Overdraft

You don’t want to use your overdraft to get money unless you have to. You could be charged huge rates. Your overdraft should be a last resort unless you’re absolutely desperate for money, or if you’ve got a 0% fee overdraft.

Credit card

Again, credit cards aren’t a great place to take out money in the long term. The best way to use a credit card is to treat it like a debit card and pay it off each month. The only exception to this is if you can make the most of an interest-free period. Even then, you need to be careful.

Pawn shop loans

If you’ve got an item of value that you don’t need but would still like to keep long-term, you could sell it to a pawn shop. Just make sure you buy it back in time (it’ll cost more) or they’ll be free to sell it on.

Funding clubs

If you’re a business and don’t want to use a traditional loan, you could look at funding clubs as a new innovative way to get capital.

Business investors

If you don’t want to pay loan rates but are happy giving up a portion of the equity in your business, you could try finding a business investor. These types of lenders will look for businesses with great potential, and you’ll have to give up a fair percentage, but you could also get some additional expertise to help your venture thrive, as well as money.

3 Benefits to Using Adelaide’s Property Market Valuation

If you’re looking for an expert team of property valuers operating around Adelaide, then it’s important to do your homework first. Property valuation is an essential engagement for lenders, home buyers and sellers as well – it allows all involved stakeholders to unearth the fair market value of a particular property. There are four essential elements that determine the value of properties around Adelaide: demand, scarcity, utility and transferability.

The property in question must provide enough utility to attract prospective buyers. Check out this property valuation in Adelaide to understand the median value of homes within this region.

Here are 3 benefits to using Adelaide’s property market valuation:

 

  • Reliable and accurate

 

The most essential element of any effective property valuation is accuracy and reliability. Property valuers are responsible for examining different properties and assessing their value based on the four key pillars described above. Sadly, some valuers only conduct a single property valuation and post this information online so the public can view it. Such valuations soon become outdated and unreliable, providing inaccurate information to those who require it. Rather than conducting only one valuation, it’s important for property valuers to examine the same property frequently and update their property market valuations.

In Adelaide, all property valuations are accurate because they are kept up-to-date. If you’re looking to sell your Adelaide home, you can easily get a reliable house value estimation online. Home buyers can learn about the current suburb house trends and selling history in Adelaide by conducting a thorough online search.

 

  • It’s easy to compare different properties

 

Buying property isn’t a walk in the park – it requires proper planning and budgeting. You also need to identify a serene neighborhood that contains all the appropriate amenities such as water, electricity and security features. Using the reliable property market valuation in Adelaide will help you to locate a variety of houses whose prices fall within your budget. Once you’ve pinned down a few properties, you can compare them based on price, location, design and a plethora of other factors. Creating a succinct list of potential properties will help you make an informed decision.

Properties in Adelaide have a tendency to increase in value as the years pass by. Homeowners who reside within this city can take advantage of the escalating values of their properties by requesting for an in-depth property valuation. This way, they’ll successfully learn about the current value of their homes and what renovations can be implemented to increase this value even further.

 

  • Superb customer service

 

Property valuers in Adelaide esteem their clients above everything else. If you have questions regarding the state of Adelaide’s property market, simply contact any professional valuer within the city. They will provide crystal-clear responses to any inquiries you might have. In case you require valuation services, the professional Adelaide property valuers will conduct a prompt valuation of your home and prepare an accurate valuation report containing all the essential info you require. These professionals are always willing to answer your every beck and call.

These are some of the benefits you can accrue from utilizing Adelaide’s property market valuation.

Grocery Bill Too Expensive? Try these Ways to Save

Did you know that around 60 percent of Americans don’t even have $1,000 to spare in an emergency?

For many people, it’s not because they’re not earning enough money. Instead, it’s that they’re spending far too much on your expenses.

Most Americans spend most of their monthly salary on three things. These include housing, transportation, and of course, food.

If you want to know how you can save money on your grocery bill, you’ve come to the right place. Check out our 11 savvy ways to save money on shopping for food below!

1. Start a Shopping Budget

Do you have a budget for your grocery shopping expenses?

Lots of people don’t have a budget at all. In fact, only 40 percent of Americans say they have a budget. While even fewer stick to it!

And yet, this is perhaps the most simple and effective way to save on grocery shopping. All you’ve got to do is to calculate how much you want to spend on groceries and track your spending.

Before you go grocery shopping, you’ve got to know how much you’ve got to spend. Then, you need to count up the expenses as you make your way through the store.

If you think that’s impossible to cut down your expenses, you just need some belief.

Take inspiration from other people. One savvy-shopper successfully reduced her grocery bill to just $4 per day.

You don’t have to make any drastic reductions to make significant savings on groceries. Just create a budget now!

2. Cook at Home

Do you consider going out for dinner to be an occasional treat or a regular necessity?

Up to 90 percent of Americans don’t like to cook.

This is costing people a fortune. The average American household spends around $3,000 per year on dining out.

That’s why you can make a tonne of savings by cooking at home more often. You may enjoy it more if you learn about new ingredients and stop buying expensive convenience meals.

It’s not always easy getting out of dining out if you’re with friends. But, there are ways of saving money when your friends want to go out for food. Check out this post learn more!

3. Meal Planning

Around 53 percent of meals are planned for only one hour in advance. This kind of spontaneous meal preparation can cause you to spend more on groceries than you require.

If you want to save on groceries, you need to consider how you can plan your meals before you head to the grocery store.

Therefore, you purchase only the items which you need to prepare the meals for the week. Meal planning can prevent you from throwing away food which has gone bad before you had the chance to use it up.

Meal planning is also associated with better health. People who plan meals have on average greater food variety, diet quality, and body weight status.

4. Grow Your Own Fruit & Veggies

Around 85 percent of Americans don’t eat enough fruit and vegetables.

While the excuse is often that they’re too expensive, this isn’t actually the case. And yet, you don’t have to buy vegetables and fruit yourself if you want to save money.

You can simply grow your own at home. You just to need to work out which vegetables and fruits are expensive to buy but cheap to grow.

There are encouraging signs that Americans are growing their own produce. More than one-third of US households grow their own fruit and vegetables now.

5. Keep Your Own Life Stock

If you’ve got a large yard, you can probably find enough space to host a few animals for livestock.

You could keep a few rabbits to eat as meat. You could even go hunting for your food like your ancestors. Check out this Ballistic Advantage to learn more.

If that’s a little too much for you to handle. Then, you can keep animals for other reasons.

You could also create a home for some chickens to roam around to provide you with eggs.

While a mere 1 percent of American households currently have chickens in their back yard, up to 4 percent plan to set one up in the next few years.

This could help you make substantial savings. You won’t have to pay for eggs for your breakfast ever again.

6. Buy Seasonal Fruit and Vegetables

You’ve probably found yourself in a grocery store in the US looking at grapes from Chile, berries from Mexico and dragon fruit from Vietnam.

You’ll notice that many of these imported fruits and vegetables are actually much more expensive than the locally grown ingredients which fill the shelves.

By buying seasonal fruit and vegetables you can make substantial savings to your grocery bill each week.

7. Go Vegetarian or Vegan

You save even more money if you drop meat and/or animal products altogether.

Many people are already realizing the benefits of a plant-based diet. There has been a growth of up to 600 percent in veganism in just a few years.

We always only hear about the health benefits, the environmental effects and moral arguments for avoiding meat. But, it’s important to remember the financial case as well.

According to studies, you can save up to $750 per year by switching to a vegetarian diet. This could be even more with a vegan diet since you’re cutting out expensive cheese products.

Is giving up on your meat eating altogether is too much for you to stomach? You could also try switching to Meatless Mondays to save money instead.

8. Take Advantage of Coupons

We all enjoy a bargain!

Around two-thirds of Americans say that they have made a purchase with a coupon which they may not have otherwise done.

If you’re not already making the most of the opportunity to make savings with coupons, you need to change this quickly.

You may imagine old grannies spending hours cutting out coupons from newspapers and magazines to save 10 cents here and there.

But, actually, you save $20 or more per week just by keeping track of coupons on your food bill.

You can also tap into the advantages of grocery store loyalty schemes to continue to make savings on your expenses.

9. Dumpster Diving

Some people manage to spend just by $5.50 over two-years because they exclusively recover food from dumpsters.

You may think that picking up a piece of electronic equipment or some useful furniture is a great find. But, is dumpster diving for groceries too much?

You can also get in touch with grocery stores and other small food stores for leftovers. For example, you may be able to secure a supply of bread from the bakery on your block.

10. Be Ahead of the Game

Grocery stores are always coming up with incentives for you to spend more. But, remember, your challenge is to stick to your budget whatever they throw your way.

Have you ever heard the phrase “eye level is buying level?” The store knows that if they place the most expensive item at eye level, you’re most likely to notice and buy it.

If you came into the store to purchase bread, you probably know the feeling of needing to walk through the whole grocery store to get what you want. Stick to your guns and don’t change to tact.

You can even go one further. Learn when the grocery store slashes prices and brings out discount offers on items you want. This way you can be ahead of other shoppers to the best buys.

11. Ignore Expiration Dates

Over 90 percent of Americans could be throwing away perfectly edible food because they think it’s not safe to eat.

The expiration dates on food are not anything to do with food safety standards. It’s mostly for the store to indicate optimal freshness.

However, that’s not the same as edible. These labels are determined by the store themselves rather than any regulatory body.

Studies have also shown that US households are throwing away an average of up to $455 worth of groceries needlessly in the garbage.

Instead of worrying about what the label says, rely on your instincts. Does it smell and look ok to eat? It probably is!

How to Save Money on Your Grocery Bill?

Many Americans are spending too much of their hard earned cash on groceries.

Of course, it’s important to stay healthy and eat well. However, you don’t need to spend a fortune to achieve this either.

Follow our tips for saving money on your grocery bill to keep more cash in your pocket at the end of each month.

Do you want to learn more about how to save money? Check out this blog post on some simple ways to make huge savings!

When Money Is Tight: 4 Tips for Buying Health Insurance on a Shoestring Budget

You don’t need me to tell you that health insurance is a necessity in the modern age. However, as you may have heard from people you know, the media in general, and your own experiences, health insurance can be extremely expensive, which means you need to find the balance between finding a quality plan and not breaking the bank.

This is why it’s so important to make sure you’re researching what’s out there, and which plan is the best for you. Nevertheless, if you’re shopping on a shoestring budget, here are four tips to remember to ensure you’re getting the best deal.

#1 – Don’t Get Health Insurance

The best way to save money on your health insurance is to not spend it at all. Of course, I’m not saying you shouldn’t protect yourself with a policy, but you should take the time to check to see whether you’re entitled to some kind of benefit or protection that means you don’t have to pay.

For example, depending on the state and area you live in, you may be entitled to claim a benefit known as a Medicard, which means you’re eligible for free healthcare. That’s not to say you’ll get it, but it’s definitely something worth checking out.

#2 – Only Get What You Need

Another important thing to make sure is that you’re checking what you actually need from your healthcare plan, and then ensure you’re only paying for this service. There are plenty of comprehensive healthcare plans out there designed to help cover all aspects that anybody may ever find themselves in, but that doesn’t mean that everybody needs this.

When choosing the healthcare plan that’s right for you, ensure you’re reading through all the terms and conditions and only selecting plans that have cover for everything you need in your life. Nothing more, nothing less.

#3 – Shop Around and Research

It’s all well and good thinking you need health insurance so you need to go out and buy the first plan you come across, but the chances are this isn’t the right plan for you. There are so many companies, providers, and different approaches out there for you to take, so make sure you’re taking the time to research.

There’s no harm in shopping around and finding the best price and the best service. Read reviews, ask your friends and colleagues, or ask a professional service who the best health insurance Ontario provider is in order to choose who’s best for you.

#4 – Visit the Government Website

In the US, the healthcare website is as simple as ‘healthcare.gov’, and it’s important you head over there and fill out an application. If you do this during the enrollment period, or there’s a life-changing event taking place, such as having a baby or getting married, this website will help detail everything you need to know. The more you know, the better the decisions you can make.

Summary

As you can see, there are plenty of things you need to think about when it comes to buying affordable health insurance plans for yourself and your loved ones. Be smart and organised and you can be sure you’ll be having the best experience.