Thursday, May 10, 2012

Learning basics personal finance

If you're like me, you hate filling the pump. Especially the time when, without any valid reason, it goes up five or ten cents overnight. Most of my clients seeking help finance staff are seeking advice on saving money in certain areas. For now, I will focus on how to manage money on your fuel economy. Keep in mind, I think it's important that you set a budget of good quality so that you have a predetermined goal of spending on gas. You might look in google for various financial instruments, or go to our resource links for a detailed budget spreadsheet. Below are 3 tips that I think are more practical.

Driving in a meaningful way - my grandmothers Lincoln Town Car has a fuel gauge. It's amazing the change in mileage when I'm accelerating aggressively (imaging and is not a city car, but rather a sports car) against easy grip. Studies have shown that hard acceleration, speeding and sudden braking can lower fuel economy than a third on the road and 5% in the city guide. So, is it not as fun to drive like my grandmother, but if you want to start managing better, the money in the car safer and slower. Fewer accidents, save on fuel.

Use Cruise Control - the ability to cruise at the top to allow you to rest your legs on long journeys, can prevent speeding sucking back the fuel. Furthermore, it is impossible to bring down your speed, causing accelerated more often to get up to speed. Not only will you save gas cruising, but as it is used as a method of how to manage money, you should also prevent those expensive speeding tickets.

Buy fuel efficient cars - there are some benefits here. The initial cost of smaller, more fuel consumption opportunities are lower. When showing my clients how to manage money and be better with money, their withdrawal of a vehicle often plays a huge role. They save money when buying and light trucks are much better on gas. When I bought our 2008 house, are qualified for the ego-car incentive program offered in Canada. I received $ 1000 back from the government.

It can be fun to feel rich and successful and they all drool over your big SUV, but it is bad for the environment and your wallet. In many lessons of how to manage money I give to clients who are thinking of buying a new car, I tell them to choose fuel efficient vehicles. They not only save more money after they buy the car, but they also save money on their gas. Watch online or use our spreadsheet of the budget to see what car works for your income and what vehicle will save more money.

1 comment:

Unknown said...

I received sound financial advice from my parents. So many of my friends got a job and immediately took out loans or over-committed themselves financially.