Rebates Will Be Coming - A Few Tips to Spend Wisely
What Will You Do with Your Rebate Money?
There are a lot of SMART ways to spend your rebate, for instance start a savings account. There's no telling when you might need a little extra cash. Job loss and accidents happen every day and there's no telling when your washing machine or dish washer might quit. Instead of borrowing money from the bank that you will have to pay interest on, use your saved cash and have no payments or interest to pay.
Put some of the money into home repairs. If you haven't made necessary repairs and have avoided upkeep, now would be the time to invest in your home and fix things that have needed to be fixed. Your home may be your biggest assets, it will pay to take care of it in the long run.
Make an extra mortgage or car payment. This will help reduce the number of payments you have left. This can also reduce the amount of interest charge you pay. You may also want to think about repairs on your vehicle. If something has been giving you trouble, get it checked out before it turns to something that will cost you hundreds of dollars to fix.
It is okay to buy yourself something. You may want to splurge on a new wardrobe, jewelry, an ATV, or whatever it may be. Remember these key words: always in moderation. If you're going to buy something, make it worth your while. There's nothing wrong with buying something that you may have wanted for a while, but remember to take care of your responsibilities first. Your financial well being is worth more than a material item.
Published by decker
I work full time and have 2 small children. I enjoy writing, finding the time...well that's another story. In my spare time I like to write, go fishing with my family, play bingo with my mom and go shopping,... View profile
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2 Comments
Post a CommentI know we are putting the majority of our money in the bank. We already spent a ton of money buying a new vehicle, the Wii with all the gizmos, and huge Christmas bill! The one thing we will be spending our money on is...don't laugh....having our cat's teeth cleaned at the vet!!!
very good read and thanks for this great info!!!!!!!!!!!!!!!!!