You can use general personal finance principles to help you save for an expensive purchase. What the item is doesn’t matter nearly as much as how you go about saving for it.
Bayside, NY (PRWEB) April 17, 2012
Personal Finance expert Walter Edelstein, CFP(R) is providing updated financial information and advice on several important topics including banking advice on how consumers can do a better job at saving money for a large purchase and credit card advice on opening a new credit card account for the sign-up bonus. TheAdvice.com Personal Financial Site Network continues to provide consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals. Following is a summary of some of the new articles published on TheAdvice.com Personal Finance Site Network.
In thinking about personal finance, it’s clear that much of the discussion usually relates to how spending and saving decisions affect the future. Many times the “future” tends to deal with long-term goals such as retirement, becoming debt-free or saving for a child’s college education. But financial planning can also apply to things that would strike most people as being a little bit more “fun.” According to Mr. Edelstein "you can use general personal finance principles to help you save for an expensive purchase. What the item is doesn’t matter nearly as much as how you go about saving for it." This article provides consumers with specific suggestions on the steps necessary to save money for an expensive purchase.
Many consumers receive offers in the mail every week to open up new credit card accounts. Sometimes these offers come with a bonus for signing up for a new account. Often this bonus is a preferable interest rate (potentially even a 0% rate) for any existing credit card balances that are transferred into the new account. For credit cards that have a rewards program, a common sign-up bonus is to award a fixed number of miles or points for opening a new account. The prospect of a low or 0% interest rate (or getting thousands of points or miles in a rewards program) is certainly an attractive one. "Before you open a new credit card account just for the sake of getting the bonus, there are some additional factors you need to consider" according to Edelstein. This article provides information and advice on issues to be considered when opening a new credit card for the sign-up bonus.
About TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Financial Site Network was launched in 2009, and since then has provided hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Retirement Advice – where consumers can learn how to plan and navigate the path to the future beyond work, including 401K, IRA and Roth IRA information. Read how to develop a retirement plan or a pre-retirement plan that helps achieve individual long-term goals.
Insurance Advice – where consumers can find answers to many insurance questions including how to secure the right coverage for all home, health, life and automobile insurance needs.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.