Want to Save Money?
Look at the list of Best Websites that can help you…
You must be busy with your retirement savings plans. Sometimes, the money saving solutions may have been handy. But, sometimes it may have caused you a great deal of effort as well as time. You can now get rid of these problems too.
There are few wonderful websites which have been specially designed to offer you extensive information on money saving tips. You can access the online sites to gain helpful details on topics like ‘how to do smart spending’, ‘investment plans’, ‘nitty-gritty of real estate investments’ and ‘credit issues’.
Some of the popular sites that can provide you with magnificent money saving tips are:
The Dollar Stretcher (URL: http://www.stretcher.com/index.cfm)
The Simple Dollar (URL: http://www.thesimpledollar.com/)
Get Rich Slowly (URL: http://www.getrichslowly.org/blog/)
There are few websites which you can visit to find excellent tips pertaining to savings & investment and credit issues. Some of the recommendable websites in this category are:
Don’t put your retirement savings plan on hold merely because you could not save enough money due to tax bills. Let your worries take a back seat, as there are effective ways to manage your rising tax bills.
You can invest in municipal bonds or munis. These non-taxable bonds offer attractive profits and are safe. However, you need to buy them from the designated authorities. The bonds with AA or AAA ratings are the suggested buys.
You can contribute fund to the traditional IRA to cut down your tax bills. The limit of contribution to IRA stands at $5,000. If you turn 50 or more than this by year end, you can add an extra amount of $1,000 in the overall contribution of $6,000.
On discovering that you have missed out on few deductions while filing returns in previous years, you can go through the past three years’ records and amend them. You must take an advice of the tax professional in order to get all the deductions on which you have full right. Not only this, you must talk to your advisor before opting for any new tax plans.
It is advisable to organize all the tax papers in correct order to ensure optimum tax benefits. By going for smart investment plans, you can also reduce your tax bills. In addition, you need to be fully aware of the tax rebate schemes.
There is good news for all the credit card users. The Credit Card Accountability Responsibility and Disclosure Act has provided a breathing space to the credit card users by eliminating issues like sudden rate hikes, double-cycle billing and overlimit charges.
According to the new law, interest rates cannot be increased in the first 12 months. The rates can be increased only in case of new charges. The application and annual charges cannot be more than 25% of the opening credit line. The credit issuers cannot charge interest rates on the current and past bills. This means the users are relieved of double-cycle billing process.
The credit card companies cannot impose overlimit fees without the consent of the card holder. The promotional rates can be availed for at least 6 months. If the customer is making bill payment over phone or online in advance, he doesn’t need to pay any fees for that.
The companies need to notify customers 45 days in advance in case of pending rate or an increase in fees. The Act has barred rate hikes on balances. It is not in favor of retroactive rate hikes due to delayed payments.
Considerable changes can be noticed in the realm of billing statements, disclosures and payments too. The credit issuing companies need to dispatch billing statements 21 days in advance. The due date of the bills should not change from one month to another. If the payments reach the concerned company by 5 pm on the last day of the bill, it will be treated as on-time payment. The billing statement should contain details on the scenario of full and minimum payments including interest rates.
There will be a warning in the statements saying minimum payments calls for high interest rates, which in turn increases pressure on debt payment. The statements will contain a toll-free number enabling you to avail credit-counseling service.
You are saved from the trap of late-fees also. The credit card companies will have to give customers minimum 21 days from the day mail has been sent to them. It thus eliminates the issues of due dates and weekend deadlines that affect the monthly and mid-term deadlines.
Also, the credit card companies have been restricted from issuing cards to the college students. Issuer cannot increase credit-limit if the user is less than 21 years and have a cosignatory.
