Financial Accuracy

Here is some advice on personal finance from Suze Orman. She puts things in plain context that everyone can understand. She explains that it is all about the attitude. You should ask yourself constantly, “Can you afford it?” Here is more from Suze.

Flying is one of the fastest and most convenient ways to travel, but airline fares can be quite expensive. Here are some suggestions on how to save money on your next trip.

First, you should compare low cost carriers with major carriers that fly to your destination. Sometimes the best fares may not be out of the airport closest to you.

Second, you may save some money by purchasing tickets at least 14 days in advance. Also, staying over a weekend or over a Saturday evening can save you money. Ask which days of the week and times of the day have the lowest fares.

Lastly, even if you use a travel agent, you should check airline and internet travel sites looking for special deals. If you are doing your search over the phone, be sure to ask for the lowest fare that arrives at your destination.

When it comes to purchasing new items in the market, some people are always the first to buy the new product. Always. This type of person has to own all the new technologies, watch all the new movies, and buy front-row seats to all the concerts. These people get a rush out of buying first and owning first. They may feel that they now have the cutting edge because they own what others do not. They basically pave the trail for the other consumers.

If you want to save money, you never want to be the first-buyer. What if a new movie comes out and everyone is so excited to see it, but the reviews leave it in negative light? By waiting to let other “first-buyers” take the blow of a horrible movie, you can wait for the reviews and then make a decision. You may still want to watch it, but you won’t feel a sense of urgency to watch it now. Instead you may wait for the movie to hit the redbox or dollar theater.

In this age of new technology coming out all the time, you may not want to be the first to purchase the newest phones or computers. First, the prices will be so much higher when a product first comes out. As time goes on, the product will drop in price, or you may find someone who is selling an item that he/she recently purchased for a cheaper price. Yes it may be used, but only slightly and you will save all that money. One more reason why not to be the first to purchase a new technology device is that upgraded products and newer versions will probably come out fixing any problems that came with the first one. If you already bought the first version, you may not have money for the upgraded version, so you will be stuck with the version that has uncorrected versions!

Basically, when it comes down to it, it is good to weigh your options and allow others to blaze the trail of purchasing, if you are trying to save money. Money does not grow on trees, so be careful how you spend it!