Is Your Paycheck Haunted?
What’s even scarier than an office Halloween party without drinks? The HORRORS haunting your paycheck!
Here’s the Top Five Paycheck Poltergeists causing financial Nightmares on Green Street and how to fight back:
👻🏠Haunted House Payments - Home buyers are feeling chills down their spine as they go house hunting because the housing market is insaaaaaane right now. (Prices are up almost 20% compared to last year) Some say that if you have a mortgage rate above 4.09%, now is a good time to refinance and perhaps lower payments. Speaking of refinancing...
🔪😱The Student Loan Slasher!!! - Student loan refinancing rates are now as low as 1.99%. This free student loan refinance calculator shows you how much money you can save when you refinance student loans. Tell your friends and family!
🧟💰Zombie Money!!!! - Keeping all your resources in a simple savings account? Because of inflation, you are basically digging your Paycheck’s grave. This inflation calculator reveals the grim truth. Try putting money in investment or savings accounts that produce yields at least equivalent with inflation.
💀🚗Killer (New) Car Expenses!!! - The cost of owning a new car rose 5% in the last year. What’s more… a new car loses about 20% of its value after the first year, and up to 60% of its value in the first 5 years. So, buy a used one-year-old car, and you could save some $8,000!
👹💳 Credit Card Debt Monster - Americans have an average of $5,315 in credit card debt (which has gone down in recent years, thank you very much.) If you have credit card debt, and want to lower your interest rate, maybe consider paying off your debt with a personal loan. You can consolidate your credit card debt into one loan, usually at a lower rate. You can even use this payoff credit card calculator to calculate how much you can save.
🔥Bottom line: Don’t let Jason near your Paycheck! Feel free to share anything you’re doing to exorcise your Paycheck Ghosts by connecting with us on Social Media and share this newsletter with any friends or coworkers who might need a Paycheck Ghostbuster!
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