TIMKO FINANCIAL

Personality vs. Pocketbook: Should you lease, finance, or pay cash for your next car? #NewCar

One blood sucker of an expense that just doesn't need to happen? Bank and credit card fees! That could include high interest payments, late fees, overdraft fees, ATM fees, account fees, and all the other expenses that could drain your bag. You can take steps to utilize your banks and credit card companies in a more beneficial way by making the banks pay you through high interest accounts, avoiding unnecessary fees and ensuring you keep up with payments to avoid unnecessary debt. High interest credit card companies are betting that you'll rack up those interest dues and miss payments so give em the good ol' stake in the heart!

The savings rate is the government’s estimate of how much U.S. households are saving.

We're all guilty of it, it's been a long day, you're tired from work, there's plenty of food in the pantry but the idea of cooking makes your blood drain. In comes Uber Eats or DoorDash but the markup on those is astronomical so if you use them often, it can be a real drain on your wallet. Here's a few other money suckers to avoid. Not to say that you can't indulge in these every once in a while, but if you can avoid these most of the time, it can mean more money in your pocket to put toward more important things.

Mortgage lenders consider many personal factors when deciding whether you can afford a home. #MortgageCalculator

Don't Let Impulse Purchases Haunt Your Budget! 🛍️💸 As tempting as those spooky sales and Halloween decor may be, impulse buys can creep up and drain your wallet before you know it! Those little (or giant) impulse buys can rack up really fast. So, instead of buying on a whim, take a moment to plan ahead and stick to your budget. If it's something you still need after a time to cool off about it, you can add it into your budget! 🕸️ Pro Tip: Make a list and avoid shopping when you're feeling stressed or hungry (those are the real trick-or-treaters! 🎃🍬) Keep your budget from getting ghosted! 👻 #BudgetWisely #ImpulseBuyMonsters #HalloweenSavings

Think you’re saving money by not having health insurance? Think again. Medical debt can be a major cause of financial woes. Read more now.

Beware of the Money Vampires lurking in your budget! 🧛♀️ Those unused subscription fees could be quietly draining your wallet. 💸 According to Self. - "85.7% of people have at least one paid subscription going unused each month." Take a moment to count how many subscriptions you're paying for each month—streaming services, apps, magazines... the list might surprise you! 🦇 Pro Tip: Cancel anything you're not using to slay those hidden costs! #SubscriptionVampires #MoneySavingTips #FinancialHealth