Sentences with phrase «simply saving money on interest»

Not exact matches

Debt consolidation is the clear winner for people who aren't struggling to meet their debt obligations but simply want to save money on interest.

Nerd Tip: Rather than simply focusing on reducing your monthly payment, it's wiser to refinance when you can save money with a lower interest rate, without extending the loan term.

If you are no longer a student and simply can't make your payments because of difficult finding a job or some other reason, then you should seriously consider at least making payments on the interest as it accrues in deferment or forbearance, as this will save you a lot of money over the life of the loan.

If you are not familiar with the term, then what people like myself do with 0 % balance transfer (BT) is that we apply for a credit card that offers 0 % introductory APR for a period of time, then either transfer balances from high APR cards to the 0 % APR card to save on interests, or simply deposit the money to a high - yield savings account like FNBO Direct to pocket the interests and pay off the remaining balance when the offer is due.

Whether that's simply saving money on a daily basis, planning for the long haul, or lowering interest payments on debt, you're stacking the building blocks towards the next phase of your life financially.