Personal Finance | Money Management  

How To Set up and Use Your Mint Account | Mint Personal Finance Software

If you're in college and wanting the cash in a few years to buy a place to live that will be different from someone who is middle aged and going to start investing for retirement. A second aspect needs to address whether you will make regular set payments or if you're just planning to put in lumps of cash whenever you can afford it. 

Another thing for you to keep in mind is that you should shop around for the best deal. And don't hesitate to haggle a bit with the banks and loan companies. Play them off against each other. No matter how good their offer sounds always tell them that you will need to think about it. That not only does that make you sound financially responsible but it allows you to go back to other lenders and say hey I've been offered this by ABC Bank can you beat it? 

Consult the Better Business Bureau and speak to your state consumer affairs representatives. One final point to keep in mind when you start to make your enquiries. All these organizations stand to benefit by having you as a customer. That means some, if not all, will try to get you to sign up straight away. 

A great way to do this is to shop around and compares prices and costs exactly the same as for making any major purchase. With the internet available to just about everyone now doing the checking can be a very simple task. Starting with the banks and loan company's own web site is usually best. Once you have got a good idea of how much refinancing is likely to cost you are far better equipped to approach the directly. 

If you are finding that you have outstanding balances of two, three or more credit cards you will probably be well advised to look into taking out a debt consolidation loan. This will enable you to spread your borrowing over a fixed period of time. It will also ensure that you are paying a much, much lower rate of interest than you would be paying on your cards. 

If you were asked to help someone out would you trust them if they lied to you? Of course you wouldn't and neither will the loan companies. They are looking for people to lie to them on their applications and they are very good at spotting the tall tales. They have a lot of practice! So what do you say to them?