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15 martie 2012

No Credit Car Loan

Finding a car when you have no credit is possible. You may find that is a little bit harder, but you will be able to find what you are looking for and get the car that you want at a better price. Having no credit is not against the rules, however it does make it harder to find what you want and what you deserve. These days, most people have some type of credit. Not everyone has credit that will prove their financial standing. If a person has never used a credit card or bought anything on time, they may not have any form of credit to prove their stability. With a no credit car loan, you may have to pay a little more for never having to buy something using your name instead of cash. Having no credit is not the same as having bad credit. It is possible for many people to have no credit and still come up and beat the high interest rates. All you have to do is be willing to make the changes that you need to in order to establish credit so that you are known for your financial planning and sensible thinking. You have to be willing to fix it so that you can get on the path that you want to be on. When you want to make sure that you are getting a good no credit car loan, you will want to be sure that you are taking the necessary steps that you need to. You have to be willing to make the right choices. You will need to check out the different loan rates that you can get for your needs. You will want to do all that you can so that you can get the lower interest rates to make your payments lower. This is very important so that you are able to still get good deals even if you are not able to prove your good credit standing. Once you have established some type of good credit, you will find it easier to get the things that you want over time. You will be able to get better interest rates that you can feel good about as well as the get the no credit car loan that you want. It is something that will take time, but it is important to keep working on your credit so that you are able to get better rates as you go.

13 noiembrie 2011

How Much Money Should You Save for Financial Emergencies?

Practically every financial planning and personal finance book you'll ever read advises you to start an emergency savings fund, or rainy day fund as some call it, to meet unexpected financial emergencies, as one of the first steps you should take to build wealth.

Some advise a fixed dollar amount, such as $500 or $1,000, be set aside for financial emergencies. I've seen recommendations ranging from $500 to $12,000.

Others recommend saving a certain number of month's income for financial emergencies, such as three month's income, six month's income, or as much as twelve month's income.

Still others suggest setting aside a certain number of month's living expenses, such as three month's living expenses, six month's living expenses, or even twelve month's living expenses, to meet unexpected financial emergencies.

So...

With all this conflicting financial advice...

How much money should you save for financial emergencies?

Well...

According to Wallace D. Wattles, author of "The Science of Getting Rich"...

If you truly want to be wealthy...

None.

That's right...

Absolutely none!

In an article titled "The Constructive Attitude", Wallace D. Wattles wrote:

"... do not lay up for a rainy day. If you live right, think right, and work right, there will never be a rainy day for you. If you lay up for a rainy day, you will impress the sub-conscious with the fear of a rainy day; with the idea of weakness and incompetence, and so you will cause the rainy day to come."

If you stop and think about it...

He's absolutely right!

I don't know about you, but every single time in my life I attempted to build up an emergency savings fund, guess what happened?

That's right...

A financial emergency would pop up out of nowhere and wipe out my emergency savings fund leaving me right back where I started...

Broke!

Sound familiar?

Until I read those words by Wallace D. Wattles, it never dawned on me that, by my own thoughts and actions, I might be creating the very thing I was most trying to avoid.

Now...

Does this mean you shouldn't keep any extra money at all?

Not at all...

In the same article, Wallace D. Wattles wrote:

"... provide a surplus, so that you may take advantage of any new opportunity..."

Once I began to build up a surplus to take advantage of new financial opportunities, instead of saving for financial emergencies, guess what happened then?

That's right...

Lo and behold...

New financial opportunities started popping up all over the place...

And...

Interestingly enough...

The financial emergencies disappeared!

You see...

There's a Creative Power within you that makes your life into the exact image of that to which you focus your attention.

If you focus your attention on financial emergencies, by thinking about them, by preparing for them, by saving for them, that's exactly what you'll have in your life...

Financial emergencies.

On the other hand...

If you focus your attention on financial opportunities, by thinking about them, by preparing for them, by providing for them, that's exactly what you'll have in your life...

Financial opportunities!


Copyright 2006 Tony Mase