Getting Better

Take a good look in your financial mirror and be honest with yourself. What exactly do I “need”, and what exactly do I “want”? No matter how much you have, there is always a want for more, right?
Best way to start; review your Budget (if you don’t have one, make one right now!). Are you staying in your Budget or are you over (most will be over, it’s human nature)? What can you trim or get rid of? Do you really “need” that item, or is it really a“want”? Can you cut down your utilities? Call your Gas, Electric, Cable and Phone Companies to see what they can do to help reduce your costs. Does your Emergency Savings have 6 months reserves? If not, make sure to get it there to stabilize your safety net.
Are you losing money on Investments? If so, can you move them into more secure venues until the Market turns positive? Call your personal Financial Planner to do a Financial Fitness Check-up, also please call your Insurance Agent to make sure you have proper types and amounts of Coverage’s that are needed for emergencies. What you are cutting away put into Savings. Please remember that it is all right to go out and have some fun, a nice dinner, movie or ball game, but make sure to have all of your fixed expenses paid first.
Financial and Housing Markets will turn around and go up! Gas and food prices have finally gone down, and we are all much more thoughtful in both spending and savings.
Refinancing High Interest Mortgage Loans, ARM and Negative Amortized Mortgages or Debt Consolidation Refinancing are all great ways to stabilize your finances, save more money and increase your security. If you or someone you know has a High Interest, ARM or NegAm Mortgage Loan, please give me a call. Please call me direct at 763-557-5608, or stop in to see me at the Bremer Bank-Plymouth, MN Branch.
Referrals to family, friends, neighbors and business associates are most welcome!
Have a wonderful Holiday Season!
Regards,
Steven