January 9

SAVE MONEY ON YOUR CAR INSURANCE

You should try to pay your car insurance all at once, upfront instead of paying for it in monthly installments to save money.  This may require that you take some time to save up the money to do this but in the end it is going to save you a lot of money.  While you may find that it is easier for you to pay for your car insurance in monthly installments, the truth is that you will actually be throwing away money each month by doing this.

You may not realize this now but whenever you pay your car insurance in monthly installments you will also be paying an added fee as well.  This is extra money that you will be giving to the car insurance company whereas you could be pocketing this money and using it elesewhere.  After a year you will find that this is more than pocket change that you are saving.  If you save between $5 to $7 per payment, it can add up to $60 to $84 a year.  That is money that can go to savings, pay monthly bill, pay down debt, or use to have fun.

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