Tuesday, December 31, 2019

When leasing a car is the more frugal option - SFGate

When leasing a car is the more frugal option - SFGate: If you need a car, the most frugal option is to buy one that's 2 to 3 years old, pay cash and drive it until the wheels fall off.
The least frugal option traditionally has been leasing, where you make monthly payments to drive a car but don't own it. You're paying for the vehicle during its most expensive period -- cars lose more than half their value on average in the first three years -- and you have nothing to show for your payments after the lease ends.
Few people opt for the frugal way, however, and car buying has changed enough that leasing may no longer be the costliest option. In some situations, leasing could be the most sensible.
COSTLIER CARS, LONGER LOANS
To understand why, let's survey the U.S. automotive landscape. Americans are:
-- Buying more expensive cars.
-- Financing larger amounts.
-- Taking out longer loans.
Americans increasingly opt for SUVs and trucks over sedans, then spring for higher trim levels and more features than in the past, says Ronald Montoya, senior consumer advice editor for car comparison site Edmunds. The average purchase price for a new car in November was $37,981 -- $4,699 more than the comparable figure from 2014, accordi

Tuesday, December 10, 2019

The Habits of Self-Made Millionaires Who Retired Early | wfmynews2.com

The Habits of Self-Made Millionaires Who Retired Early | wfmynews2.com: Achieving financial independence and retiring at an early age is a nice and lofty goal, but do you have the self-made millionaire habits to get there? Buzz60's Chandra Lanier shares them with you!

5 Mistakes I Made the First Time I Bought a Rental Property

5 Mistakes I Made the First Time I Bought a Rental Property: I got these five things wrong my first time buying an investment property, but you don’t have to.

Monday, December 9, 2019

Retirees lose life savings in motorhome company collapse

Retirees lose life savings in motorhome company collapse: Grey nomads are among scores of people who have lost tens of thousands of dollars after the collapse of a motor home dealer and conversion company.

Wednesday, December 4, 2019

Shoppers Won’t Save the U.S. Economy

Shoppers Won’t Save the U.S. Economy: (Bloomberg Opinion) -- Reports of strong sales on Black Friday and Cyber Monday have strengthened the case that consumers will continue to be the engine of growth for the U.S. economy. The resilience of the American consumer, goes the theory, will stave off a recession.That confidence may be misplaced.There

Tuesday, December 3, 2019

Stretch Your Dollar: Holiday tipping

Stretch Your Dollar: Holiday tipping: Tis the season for spreading cheer and many of you will be thinking about loved ones and charities in the community. But you may not want to forget some of the people who make your life easier year-round. We are stretching your dollar with a guide to holiday tipping.

Sunday, December 1, 2019

20 amazing Black Friday deals that are actually worth your money

20 amazing Black Friday deals that are actually worth your money: — Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. Black Friday is one of the best times of the year for deal hunting. We're covering more than 150 of the best Black Friday deals you can get, but if you're just looking for the highlights, we've got you covered. We've boiled down our master list to the top 20 deals you can shop right now, from 40% off our editors'...