Archive for the ‘Personal Finance’ category

How to Get the Most Out of Clipping Coupons

October 16th, 2011

Ever wondered if it were worth it to start clipping coupons? Most of us have dismissed the thought of clipping coupons thinking, “Saving 50 cents on toothpaste is not worth my time?” This may be true, but if done correctly you can cut 20% or more from your grocery bill each month. That’s $20 back in your pocket for every $100 you spend. I challenge you to try it. Couponing won’t make you rich but it is a valuable tool to stretch your budget dollars further. Not to mention the little thrill you’ll get at the register when you hear just how much you have saved.

Follow these tips to maximize your coupon savings:

Shop Strategically- Your best savings may not come from clipping coupons alone. Choosing to purchase items you need while they are on sale and combining those sales with coupons helps you maximize your coupon finds. Items like bath soap, laundry detergent, paper towels, toilet paper and other every day needs go on sale on a regular basis. Don’t buy these items unless they are on sale. Also, don’t shy away from trying a new brand. Many high quality new items offer big savings just to give it a try. Why not save a few bucks by taking them up on their offer.

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Mortgage Fraud Rates on the Rise

October 13th, 2011

As Americans continue to struggle with rising debt, increased unemployment, falling home values, and threats of foreclosure, a recent report from the Financial Crimes Enforcement Network of the federal Treasury Department reports that mortgage fraud is becoming increasingly common. In fact, in the second quarter of 2011, identified incidents of mortgage fraud surged by nearly 88 percent.

In total, this radical increase included 29,558 reported cases of “suspicious activity” related to mortgage fraud in the April to June period of 2011. That number is 15,727 more than during the same time period last year.

Why Such a Dramatic Increase?

» Read more: Mortgage Fraud Rates on the Rise