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Fashion and Finance: 3 tips to make sure you succeed Source: Informa Research Services (1/13/2012) Start the year fresh with some new threads and some additional dollars in your pocket! The guiding principles behind building your wardrobe and building your savings are not all that different. Check out these tips to help you build a classic wardrobe of finances that will last you a lifetime! See what you have to work with. When sprucing up your wardrobe, this might involve looking at what pieces you have and how much closet space you have to fill. When improving your savings, this would include looking at your income and expenses and seeing what you have left to work with. Identify your style. This part seems all too obvious when it comes to refashioning your wardrobe, but in personal finances, it’s applicable as well. To ensure success, identify your strengths and potential downfalls. If you tend to forget or cut corners, use automatic transfers to guarantee regular contributions are made to your savings account. Invest mindfully. With clothes, this means investing in solid, quality pieces that are versatile enough to use season after season. Spice your wardrobe up with accent pieces and accessories to keep up with trends. Likewise, when looking into various vehicles for your money, feel free to take advantage of high promotional rates when they are available, but also have a dependable interest earning savings account for when promotional rates are in low supply. The most efficient way to find the best rates on savings account is to use online rate tables such as those found on ERATE.com.
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| The information contained on this website is provided as a supplemental educational resource. Readers having legal or tax questions are urged to obtain
advice from their professional legal or tax advisors. While the aforementioned information has been collected from a variety of sources deemed reliable, it is not guaranteed and should be independently verified. Copyright 1999-2010 ERATE · All rights reserved · California Dept of Real Estate · Real Estate Broker #01292265 · DRE Phone 916-227-0931 ERATE · 2900 Gordon Ave · Santa Clara · CA · 95051
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