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Money Week in Review July 1-July 7

Flexible Spending Accounts points out the advantages of using this benefit that is offered by your employer. Debbie does an excellent job explaining what these can be used for. The most important thing to realize that if you do not use the money you will lose it!

Mortgage Insurance and Your Money
explains why your bank may have you pay mortgage insurance. This blog explains that the bank is the one that is protected with this insurance. You can also learn how and when you can stop paying it.

Are You Only Making Your Minimum Monthly Payments? explains the disadvantages of only making your minimum payments on your loans. This article emphasizes the importance of paying off your loans as quickly as possible. It also warns about borrowing too much money.

Pay Cash for Your Car offers five great tips when it comes to buying a new car. This article also offers alternatives if you are not able to pay cash for a car now. It also gives advice on additional expenses that accompany a new car.

Do You Read the Fine Print?
explains the importance of reading the disclosure statement for your bank accounts. This article gives several examples of why it is important to understand the current policies that your bank has in regards to your account. It is important to remember that a bank is trying to make money off of you.

Why Do You Spend Money? gives four examples of poor reasons to spend money. This article offers suggestions on how to change these bad habits. It is important to take the time to reflect on why and how you spend money.

Disability Insurance is a Must explains the importance of having disability insurance. This article that why many prepare for a possible death, they fail to do the same if they were to become disabled. This is an important thing to consider.

Save Money on Health Costs offers simple suggestions on saving money on health care. It is important to understand your health insurance and the guidelines. This article gives you some options to consider.