Category: Master Your Money - Page 10
How to get overdraft fees waived for ANY bank (use this script)
[yellowbox] UPDATE: many banks are waiving overdraft fees to customers who have been negatively affected by the coronavirus pandemic. Here's a list of which banks are waiving overdraft fees, and what their policies are. Most banks are still requiring you to call to get the overdraft fee waived, and you can use the exact script I've provided to make that ...
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Should I buy a new car or used car?
“Should I buy a new car?” If you asked almost every personal finance pundit that question, they’ll give you a bunch of reasons why you should buy used instead. I disagree. Used cars can be a good way to go. But to apply a broad rule that “used is the best” is short-sighted. In fact, I think there are ...

How To Lower Your Car Insurance (just 4 easy steps)
Car insurance rates are rising — by a lot. Learning how to lower car insurance premiums is more important for consumers than ever. To help, I want to go over my system to do exactly that — lower your car insurance in just 4 steps — as well as give you 10 great scripts to use to uncover even more savings. Lower your ...

8 steps to selling a house
Maybe you have to move for work. Maybe your financial situation changed and you can’t afford your mortgage. Maybe you want to go off the grid, throw your cell phone into a river, and travel the country in an old VW van. Also, your name is just “Reingold” now. Whatever your situation, one thing might be clear to you: ...
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Pay off mortgage early: How to pay $70,000+ less on your loan
Paying off your mortgage early is a great example of a Big Win. Not only would it take years off of your loan term, you also stand to save a TON of money in the long run. How much money? For a $300K house, you can pay upwards to $70,000 less on your mortgage by paying it ...

Reduce Your Debt: How to get rid of debt forever
Being in debt is normal — statistically speaking. But there’s a difference between manageable debt and unmanageable debt. We're going to talk about how to reduce debt and stay out of unmanageable debt. You’ll know if you have unmanageable debt if: You don’t know how much you owe. You’re not paying off your statements in full each ...
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“How much house can I afford?” The 28/36 rule will tell you
There’s no secret to buying a house — but it does involve thinking differently than most people. "How much house can I afford" is a question not nearly enough people ask. There are too many people who make the biggest purchases of their lives without fully understanding the true costs. If you do so, you’ll undo years of hard ...
Budget help: How to build a bulletproof budget
Even after 10+ years of spreading the Rich Life gospel, I still run into people who need budget help. They typically: (A) Don’t know how to build a budget.(B) Don’t know how much they’re spending each month. For example, this tweet I sent out a while back: The answers I got back were fascinating to a ...

What does a six figure salary REALLY look like? And when is it not enough?
Earning a six figure salary, earning over $100,000 a year, can be the finish line. It can be the golden milestone, the badge of honor showing to the world that you made it and have now claimed your fat slice of the American Dream. You can save more. Invest more. And most importantly, spend more. Once you start earning ...
Debt consolidation: Is it right for you?
Debt consolidation is when you use a loan to pay off all of your debt — and it can seem like a godsend. But as the bard once said, “All that glitters is not gold.” (The bard is Smash Mouth.) Debt consolidation can work as a way to pay off debt faster. However, if you’re not disciplined and ...