Complete Guide to Saving Money on Travel

When it comes to saving money while you are traveling, all you need to do is think of how you can save money while you are at home. Many of the same things you do normally can be applied to savings while on the road and vacationing. With a few exceptions, the following tips can be applied to both everyday and vacation life.

Budget, plan, stick to it as best you can, but also be flexible.

Making a plan and setting a budget is one of the biggest ways you can save money. When you set out a series of goals and assign a spending limit to each, or if each has a set cost, you can then have a clear idea of what to expect and how to go about meeting your goal. At home you have bills and needs that play into regular budgeting. Being able to put aside money towards traveling allows you to better plan for the trip. Instead of just saying you want to go somewhere for a holiday and putting aside random amounts of money for it, knowing that you are able to put aside a set amount can give you an idea of how much you have to spend on making it happen. Research the destination, look up costs for multiple hotels and services you may need, set up best and worst case scenarios so you can be prepared for anything in between.

Eat in to be thrifty, dine out with coupons to be savvy.

One of the biggest sinkholes in a vacationing budget is food. If you can prepare and store food in your room then you can save the most money. If you want to go out then be sure to ask the hotel concierge about the best deals in the area and make use of the internet to look up the thriftiest and best eateries in the area. Most areas that thrive on tourism will have website and discount plans aimed at encouraging investment in local businesses. Keep a budget in mind for how much you are able or willing to spend on each meal and stick to it as best you can. The best mix between eating in and dining out is to try and save money on two.


Rent your luggage

Renting luggage is so much easier then having to buy it and have it sit in the attic forever. I found a site that had a car top carrier for rent and it saved me a bunch of money. Instead of buying one for a crazy amount of money, I was able to rent it for a flat weekly rate.

I hope you take these tips and save some money on your trip!

Auction Finance Options to Help You Get The House That You Need

Getting affordable financing is one of the most difficult things that a person can attempt to do. Depending upon their age, the amount of credit that they have built up over the years, and the amount of debt that they currently have, all of these factors will weigh in when trying to obtain new financing. You could be trying to get a loan from a bank in order to purchase a piece of property that you would like to own, or simply purchase a car, but if your credit rating is not high enough, and your debt to loan ratio is much too high, there are very few companies that will work with you in order to help you get the financing that you need. In this article, we will look at how you can obtain a house with very low interest rate loans provided by financing companies that will work with you every step of the way. This article is going to go very in depth about Property Auction Finance – What You Need To Know.


Why Credit Matters

The amount of credit that you have is dependent upon how many places you have applied for credit, and also the amount of debt associated with that credit. For instance, if you get credit cards, and you have maxed all of them, you may have access to $20,000 in credit, but since you have no credit left on any of your cards, this means you have a significant amount of debt. By paying this off, you could then apply for more, but it also depends on something called your debt to loan ratio. This means that the amount of existing debt that you have, when compared to the income that you earn every month or year, can play a factor in how much more credit you have access to. Assuming that you have no credit card debt, and you are simply trying to get a mortgage, your credit report may help you obtain this type of financing. However, if you have been late on multiple payments, and the complaints have been funneling in, it’s time to use a professional to fix the situation.

Credit Repair Companies That Work

Once you have found a credit repair company that can help you, one that comes highly recommended on the Internet, or from a friend or family member that have used the same services, this can help you resolve any credit issues that you may have, plus give you the time to pay off any debt that is existing that may inhibit your ability from getting a loan for a piece of property. Once all of this is resolved, you will then be able to apply for a new loan to help you secure the property that you want.

Debt To Loan Ratios Explained

If you are not able to pay off your debt completely, your debt to loan ratio may prevent you from having the financing that you desire. Let’s say that you only make $50,000 a year. You would like to obtain a $200,000 loan to purchase a piece of property. If you have an existing property with $100,000 of debt, this will factor against you because the bank or lending institution will realize that you will be making to loan payments every month, and depending upon how much your payment will be with them, and how much money you actually make a year, it could prevent you from getting any additional lending until the other loan has been paid off, or your credit rating has been repaired.

Working With Auction Finance Companies

There are actually some companies that will allow you to purchase property from an auction and also finance your transaction. Many of these companies, if your credit is good enough, will actually charging less than 1% interest. This is unheard of with most lending institutions which almost always charge 4% or 5% for the loans that they provide you with. This allows them to make a significant amount of money over the life of the loan, essentially keeping them in business. However, by purchasing a property at auction, and getting financing for a company that will give you an extremely low interest rate, this will make it possible for you to obtain a piece of property or home that you can live in and pay a monthly payment that is far less than you would ever achieve with a traditional lending institution or even if you are paying rent on an apartment or home.


Choosing The Best Property To Buy

Once you have chosen a piece of property to buy, you might want to look at a couple other options. Sometimes we are not able to afford the property that we want, or our credit score or debt to loan ratio can prevent us from having the home that we really want to live in. By using the tips that were provided in regard to fixing your credit score, and also how to find different financing options, you should be able to get the money that you need to purchase the house as long as you are using or working with the right financing company. There are many to choose from, including mainstream banks, credit unions, and even private lenders that are willing to overlook what larger companies focus upon so that you can get your loan. Once you are able to find one of these businesses, and repair your credit and improve your debt to loan ratio, it will be possible to obtain the house that you want.

Once you have done all of your research, and you have decided on a piece of property that you want, if you can purchase it at auction through one of these auction finance companies, you will be able to save a significant amount of money every year. By getting a low 1% or less interest rate, specifically for the amount that you need to acquire the property, you will be on your way toward obtaining the home, and also repairing or improving your credit using the tips we have provided in this article.


Hey everyone, John here,

Just wanted to give you all a heads up that my first post is going to be about bridging finance.

Please contact me with any suggestions or questions about the topic so that I can address them in the article! I’ve been spending a lot of time on this since it is going to be my first real post so it should be up in the next couple of weeks!