Month: April 2020

During this time of financial uncertainty, improving cashflow is a top priority for many. If you own a home, take the time to have your mortgage statement reviewed by a loan professional. With interest rates at historic lows, now is the time to lower a monthly payment, combine a first and second, eliminate mortgage insurance, consolidate debt, or take cash out. 

As a mortgage professional, improving a client’s financial well being is my number one priority. To me, it is more than just a loan, it is about helping each client maintain financial security in a world of financial uncertainly. Message me with any questions regarding real estate finance. 

Insurance is something we all need but rarely review, shop or compare. We set it up and forget about it until we need it. Here are a few tips to help save:

• Bundle home / auto – whether you rent or own, having all policies with one company will provide a multi-policy discount.
• Good grades – if your teenage driver has a solid GPA, several carriers will offer a good grade discount. 
• Increase deductibles – increasing deductibles can lower the annual premium.
• Good driver – good driver discounts are available for safe drivers (no accidents / tickets).
• Smaller vehicle vs larger vehicle – driving a smaller SUV or Hybrid vehicle can lower costly premiums (double tip: smaller vehicle = lower monthly payment = lower insurance payment)

Taking the time to call your insurance agent, and a few other insurance agencies, will ensure that you have the best coverage at the best price.

That new car smell can haze your mind and commit you to a higher interest rate than your good credit history has earned. 

Auto dealers focus on the “payment” you want versus the “best rate” that you deserve. Even if you drive off with dealer financing, review your rate and explore a refinance. 

Credit Unions typically offer the best rates on all vehicles. A lower rate = lower payment, savings you deserve!

Mobile service providers continually offer competitively priced plans to attract and retain customers. Taking the time to comparison shop can not only result in monthly savings, it can also result in a new and improved plan for you (and your family). 

Being proactive is the key, your cell phone provider won’t phone you. Can you hear me now? Calling=savings. 

This week we are digging into five areas to help improve cash flow. Your cable/internet company will never phone you and offer a better deal, it is up to you to reach out and shop for a most cost effective plan.

Grab your statement, call your current provider (or competitors) and shop for a better package. Eliminating channels, bundling cable/internet/phone, or even cancelling a landline can lower the monthly bill. 

Make the call and PM me your monthly savings.