10 Saving Tricks to Use When Starting an Emergency Auto Repair Fund

10 Saving Tricks to Use When Starting an Emergency Auto Repair Fund

When you look at the current financial situation that you are in at the moment, you would probably think that starting an emergency fund is the best way forward. In fact, most experts agree that starting and growing your emergency funds is a smart option. It’s never pleasant to be caught in an emergency that demands that you access a certain amount of cash that you can’t raise at that particular time.

That is what the emergency funds are for; to help see you through any rough patches in the future that may require that you part with some cash. What if your car breaks down in the middle of the month and you didn’t have any savings set aside for it? What would you do? You may have to use public transport to head to and from work till the next payday. What of a leaky faucet? Your smartphone or laptop gets stolen. What if you lose your job abruptly? How will you survive even as you look for another job?

Saving this money, however, is easier said than done. But this article will provide you with some awesome tips and tricks that you can use to save for your emergency funds.

1. Maintain a spending book

You will need to create and stick to a spending book. Track your monthly spending and categorize everything you spend on. Then evaluate each category and rid yourself of any unnecessary luxury and/or spending that you feel you can do without. The experts at Lendgreen advise their clients on effective loan management. With the spending book you can also keep track of how you are spending your loans.

2. Eliminate budget busters

Eliminate things like the cable TV. Or even step down to a cheaper package and save whatever is left on the emergency fund. Starting with small changes can save you a lot at the end of the day.

3. Renegotiate everything

If you haven’t ever noticed, almost everything that has a value is negotiable. Form the habit of renegotiating everything that you can. You will find that almost all of the time you try to renegotiate, you get better rates for almost everything.

4. Bank on savings

You need to ensure that you bank the savings that you have after evaluating how you spend and also trim all the spending areas you possibly can. You can even make sending money to your emergency fund become something of a routine. You can even decide and automate the transfer to make everything easier.

5. Sell your old stuff

After making your home evaluation, you may even realize that you have some old stuff that you don’t necessarily need anymore. Why not make some extra bucks off them by selling them? You can even sell them on Craigslist or eBay.

6. Get a side hustle

You can also look for a side hustle to help earn you some cash on the side. You can use your free times like the weekends and evenings doing something productive that earns you a little extra income and put that into your emergency fund.

7. Check your withholding

It’s usually a great feeling receiving your check from the IRS each spring. But it’s much better getting the cash now, and then transferring it into your emergency fund. You can use the IRS withholding calculator to adjust everything.

8. Babysit, pet sit, or even dog walk for other people

Another awesome side gig. Remember, it’s all for the money. And you want that emergency fund to keep rising.

9. Rent your extra room

If you have an extra room and/or guest house in your home, then you can also rent it out on Airbnb and make some extra income off it.

10. Sign up for focus groups

These are kind of like surveys. Marketers and pollsters are ever so interested in knowing that you think about their products and services that they will literally pay you to get your opinion on them. You can get anywhere between $50 and $150 on websites like FindFocusGroups.com for just speaking your mind.

6 Safe Cars For New Car Owners

6 Safe Cars For New Car Owners

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It can be an exhilarating feeling getting your license for the first time and even more exciting getting your first vehicle. The freedom that comes with having your cars is outstanding – and it can indeed give you or your teen a greater sense of independence.

No longer having to wait for public transportation is a great feeling and it is for this reason that choosing the right vehicle can be both a joyous experience as well as a complicated experience.

Choosing the wrong car could, by all means, get you behind a vehicle that you just aren’t suited for and as a result get you in an accident. And although you may not have been at fault – having to hire a car accident lawyers after you get in a car accident is not a fun experience.

So to help prevent this situation from happening we have taken the liberty to compile a list of 6 of the safest cars for new car owners.

6 Safe Cars For New Car Owners

# 1 – 2017 Kia Soul

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Sitting at an extremely reasonable price tag at $16,400 (starting value) the 2017 Kia Soul is very affordable and an extremely reliable vehicle for new car owners. Offering car owners Bluetooth, wifi and other states of the art technology this is indeed a steal of a car for many.

Having a safety score of 9.7/10 – this indeed may be one the best options for you or your teen.

# 2 – 2017 Mazda3

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Yet another affordable vehicle – sitting at $17,845 (starting value) the 2017 Mazda3 is not only a gorgeous looking car, but it also has an extremely high safety value at 9.7/10.

The 2017 Mazda3 is a stellar vehicle that is fuel cost efficient as well as state of the art; regarding technology.

# 3 – 2017 Toyota Corolla

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Toyota’s have long been one of the most popular vehicles for many people of all driving experiences, and the 2017 Toyota Corolla is an excellent option for new owners.

The 2017 Toyota Corolla offers stirring assistance, pedestrian detection, and a pre-collision system. With so much added help for new car owners, this may very well be the creme da le creme car for new car owners.

# 4 – 2017 Honda Civic

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The 2017 Honda Civic offers a wide array of advantageous help for new car owners. The 2017 Honda Civic provides adaptive cruise control, rearview camera, and forward collision warning.

In addition, like many vehicles of late, the 2017 Honda Civic offers a wide array of technological amenities such as Bluetooth, wifi and a USB port to charge your phone or tablets.

# 5 – 2017 Honda Fit

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Yet another Honda – the 2017 Honda Fit is an excellent option for your recent high school graduate who may be entering college. It is safe, reliable, fuel efficient and has many safety protocols implemented into its driving system.

# 6 – 2017 Chevrolet Malibu

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Lastly, this has been viewed by many parents as one of the safest and best cars for their teens. The 2017 Chevrolet Malibu is in every sense of the word the most reliable vehicle that you can purchase for a new car owner.

The driving system programs a speed restriction so that your teen will never exceed the speed limit of the road as well as keep audio at a reasonable hearing level.

10 Compelling Reasons Why You Need an Emergency Fund for Your Car

10 Compelling Reasons Why You Need an Emergency Fund for Your Car

Cars may, perhaps, be the most unpredictable and expensive property that you can own at any point in your life. They come with lots of conveniences especially when you live in the Canadian rural towns, cities, or even suburbs. Anywhere really. Worse when you have to deal with an emergency car repair, then getting a Lendgreen loan could be the best option to get emergency cash. But owning a car also comes with loads of responsibilities and time and money that you have to put into it. And at other times, you may even realize that these inconveniences outweigh the benefits of owning a car, especially when dealing with emergency car repair expenses.

It would be a smart idea to open an emergency fund for your car to deal with all the problems it throws your way. This list explains ten reasons why you need to open an emergency car fund right now.

  1. The time you need to replace your car tires

You can go for the winter tires for your cars especially when you reside in Canada. Car tires are a worthwhile investment which can end up saving your life in all kinds of climatic weather conditions. With a car emergency money fund, getting new tires for your car can’t put much pressure on you.

  1. The “check engine” light turns on

One day you notice your “check-engine” light turns on in the middle of the month when you have almost exhausted all of your monthly income. You will be in “panic mode.” This doesn’t have to be the case when you have your car emergency fund.

  1. Time for your car brakes to be changed

Brakes also rank among the most vital parts of your car and can save you a lot of problems if you maintain them on a regular basis. You can manage this without much stress with a car emergency fund.

  1. When the gas price goes up

Gas prices are ever fluctuating, and you will never know that time when it will shoot up and stay up. Having extra money to cover that extra gas fees will help.

  1. Your windshield begins to crack

You immediately know you need to have your windshield replaced the moment it begins to crack. You just can’t say you can drive through traffic on the highway with a cracked windshield without posing a danger to both yourself and other road users. An emergency fund can help you cover for a new windshield.

  1. Your car just won’t start

Your car has refused to start, and you don’t know what’s wrong with it. Taking it to the mechanic to get checked will cost you some bucks which you can get from an emergency car fund.

 

  1. The car behind you bumps into you

Let’s face it, accidents happen. But sometimes they can happen at the most unexpected times. That money set aside to deal with these problems can save you a lot of stress.

  1. Your heating or air conditioning breaks

These can always happen during the worst weather seasons. And if you have broken heating or air conditioning, you might end up suffering a lot in your car.

  1. Your timing belt snaps

Replacing a timing belt is quite expensive. And car emergency funds can help a great deal.

  1. You fail to see that pothole soon enough

Potholes can cause a lot of damage to your cars which you didn’t expect. And if you don’t have the cash to repair these broken parts, you may end up having to park your car until you do.