Financial Tricks & Treats

Posted by Bonnie Martin Designated Broker on Thursday, October 31st, 2013 at 9:33pm.

houseonmoney__voronin76_450zillow.com - In the spirit of Halloween, here are some easy ways to trick yourself into saving. And you’ll love the treat: more money in your pocket!

Round up your mortgage payments

No doubt, your mortgage payment is likely your biggest household expense. And if you’ve already refinanced or don’t qualify for a refinance, you may feel stuck. But have you considered rounding up your payments? This may seem inconsequential, but every little bit helps, even if it’s just $10 or $50 a month. For example, say you have a monthly mortgage payment of $954.83. If you round up your payments to $1,000 by putting in an extra $45.17, you’ll pay off your debt 29 months early. For further inspiration, run your own numbers using the Zillow Mortgage Calculator.

For more tips and tricks, click the link below:

#facebooklike#

Photo:  ©[Voronin76]/123RF.COM

Leave a Comment