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5 Ways to Get Your Finances Back on Track in the New Year

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NEW YORK (Newswire.com) – iQuanti: The New Year is here, and it’s the perfect time to get your finances back on track. Whether you want to save for retirement, pay off debt, or just try to manage your money better, there are multiple ways to help you reach your financial goals. This article will provide some tips on how to get your finances back in order this year. From budgeting and tracking expenses to creating a plan or getting a loan to pay off high-interest debt, these solutions can help you get your finances back on track in no time. With some dedication and hard work, you’ll be able to achieve financial success in 2023. 

1. Create a budget: A budget is essential when it comes to managing your money effectively. Take the time to figure out where your money is going each month and what expenses are necessary versus unnecessary. Once you have an idea of where all your money is going, create a monthly budget that will help you stay within those boundaries. This way, you know exactly what expenses you can afford and the amount of money that can be saved.

2. Track your spending: Knowing where your money is going will help you stay on track with your budget. Start by tracking all your purchases for a month so that you can see where your money is being spent. This will not only help you stay in line with your budget, but it will also help identify any unnecessary expenses or overspending that may need to be addressed. 

3. Refinance your credit cards: If you have high-interest credit cards, consider refinancing them with a lower interest rate. Refinancing your credit cards can help you save money in the long run, as it will reduce the amount of interest you are paying each month. 

4. Make a plan for the future: Once you have created a budget and tracked all of your spending, it’s important to start thinking about the future. Establish financial goals, such as saving money for retirement or paying off debt, then create a plan for how you will reach those goals. Some solutions may include setting up an automatic savings plan or making more payments to reduce debt faster.

5. Consolidate your debt: If you have multiple debts, it may be a good idea to consolidate them into one loan. This will reduce the amount of interest that you are paying, as well as make it easier to manage all of your payments in one place. The best way to do this is by seeking out a loan consolidation service or talking to a financial advisor about what options are available. 

As you begin this new year with renewed determination, taking a few moments to evaluate your finances and take specific steps can result in significant savings of both time and money. By following these tips and making small changes throughout the year, you can get your finances back on track in no time. With some dedication and hard work, you’ll be able to achieve financial success in 2023.

Source: iQuanti

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Consumer Corner

5 Home Updates to Provide Peace of Mind for Your Family

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(Family Features) Home improvement projects often focus on updating the aesthetic of your house, but upgrades that make your living space more secure and comfortable for you and your family are sometimes even more important.

From your front door to the interior of your home and more, these ideas from the experts at Masonite, a global industry leader in interior and exterior doors, can help provide greater peace of mind – ensuring what matters most is always protected.

Ensure Your Home is Well-Lit
A well-lit home exterior makes it easier to spot potential threats and may even deter people and animals that don’t belong on your property. Automatic outdoor lighting, either set to a timer or triggered by motion or light sensors, can help you see what’s going on outside. Ensure fixtures on your porch, patio and garage are in good working order and replace burned out bulbs or lights that no longer function. Adding landscape lighting can also aid in security while boosting curb appeal.

Protect Your Home with a Secure Front Door
Upgrading your front door can do much more than just improve the look of your home – it’s also an important part of providing enhanced security for you and your family. With four times more impact resistance than a standard deadbolt lock, the M-Protect Multi-Point Security Lock offers homeowners unmatched protection to keep what matters most safe. The lock works like a standard deadbolt, but with more points of contact, and it is compatible with a wide array of handle sets and hardware, including electronic deadbolts. It can be added to any Masonite Performance Door System – an innovative solution that provides superior energy efficiency, performance and comfort – which is available in a diverse range of finishes, colors and glass styles to fit any home design.

Reduce Fire Hazards
Many elements of a home like furnaces, chimneys, hot water heaters and other gas appliances provide value to homeowners through comfort and convenience but can pose risks without proper maintenance. Hiring a professional to check your heating and air conditioning system annually can help you avoid costly repairs while also protecting your loved ones. Keeping the chimney clean of debris, creosote and soot helps lower fire risk and ensures smoke, carbon dioxide and other gases are safely carried out of the home.

Control Home Systems On the Go
Installing security systems, doorbells, lighting and other systems that can be controlled from a smartphone app, like the Masonite M-Pwr Smart Door, can provide added convenience and peace of mind. You can remotely turn lights on and off, unlock doors, change the temperature, open or close garage doors and check camera feeds while away.

Replace Smoke and Carbon Monoxide Detectors
A simple project to make your home safer, it’s essential to check your smoke detectors regularly and replace the batteries every six months. If you discover the date of manufacture on the back of your smoke detectors is more than 10 years ago, replacement is recommended by the National Fire Protection Association. While checking your smoke detectors, test or install carbon monoxide alarms to ensure you have a way to detect the invisible, odorless gas that can cause serious health problems if left unchecked.

Visit Masonite.com/mprotect to learn more about the latest innovations in home security.


SOURCE:
Masonite

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financial wellness

Moving Season Security: 6 solutions to safeguard valuables

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(Family Features) It’s moving season, which means packing up valuables like tech devices, family heirlooms, jewelry and beyond and trusting they’ll make it safely to your new space. Ensuring a new home or apartment is properly secured is top of mind for many homeowners and renters, for both their personal safety and their most prized possessions.

After moving into a new space, there’s an immediate need to keep valuables and important documents organized and secure in case of theft, fire or flood. Whether or not a large security system is available on-site, Master Lock and SentrySafe’s DIY security and safety solutions equip your home with an extra line of defense and provide new homeowners and renters confidence.

To discover which security and safe storage solutions are right for you, visit MasterLock.com and SentrySafe.com.

Bar the Door

Designed with customer feedback in mind, the Master Lock 270D Folding Door Bar is a reliable, on-the-go solution that’s perfect for securing entry doors during a move-in transition. It offers an updated design from the original – now more compact with a quick-release foldable design for ultimate convenience and portability. Folding to just 16.5 inches and extending up to 43.5 inches, it’s small enough to fit in a backpack but strong enough to prevent forced entry on hinged, patio and sliding doors due to the pivoting rubber grips.

Keep Your Property Secure

Ideal for property access control, the Master Lock 5480D Portable Lock Box is the newest lock box and features expanded storage capacity to accommodate keys, fobs and cards, ensuring safety and convenience when accessing a home or apartment. The dials on the lock box are easy to read and grip, providing smooth operation. Built to last, the solid metal body with a rubber bumper protects against tampering while safeguarding surfaces from scratches and damage.

Turn to a Timeless Security Device

Keeping valuables secure can start with a tried-and-true classic solution. The discus-shaped Master Lock 40DPF Padlock features a wide stainless-steel body for maximum strength, reliability and corrosion resistance. With a fully shrouded design that minimizes shackle exposure to protect against bolt cutters, this versatile security device can be used for a wide range of applications. Extend the security of your valuables during a move by using it on self-storage units and lockers, trailers, vans and moving trucks.

Fireproof and Protect Valuables at Home

Consider the SentrySafe FPW082HTC Fireproof and Waterproof Safe as your go-to line of defense against fire, water and theft with .81 cubic feet of storage. Weighing roughly 55 pounds, this best-in-class fire and water protection solution features 1-hour UL-certified fire resistance at 1,700 F and ETL-verified protection in up to 5 inches of water for 24 hours. This first-of-its-kind safe with Master Lock security built-in technology offers an advanced, multi-point protection system that effectively resists physical attacks and lock manipulation while its pry-resistant hinge bar in the safe door protects against theft attempts.

Safeguard Documents and Files

Provide yourself an extra line of defense with the SentrySafe FHW40100 Digital Fireproof/Waterproof File Safe that safeguards important documents and records with a durable design and peril protection. Built to hold hanging file folders for easy organization, the safe can be easily transported with its convenient carrying handle when moving into a new home or apartment. It’s UL-classified to offer 30 minutes of certified fire resistance at 1,550 F and ETL-verified to protect documents and digital media in the event of a flood for up to 72 hours.

Opt for Renter-Friendly Security

Renters who live in a small space may not be ready for a full-sized safe. The lightweight SentrySafe 1200 Fire Chest is an affordable and convenient security solution that safeguards precious valuables and electronics from theft attempts to keep items safe and sound. Its convenient carrying handle allows users to easily move the chest from room to room and seamlessly pack and store their valuables at the end of their lease.

Photo courtesy of Shutterstock (family moving boxes)


SOURCE:
Master Lock



Master Lock

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financial wellness

Turn Your Tax Refund Into a New Ride

As tax refunds are beginning to come in, it’s an excellent opportunity for people to explore different investment avenues and make the most of their money.

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Make a major purchase more manageable

(Family Features) With tax refunds starting to flow in, many people are considering ways to invest their money.

If you’re looking to purchase a vehicle, putting your tax refund toward a down payment on a used car can be a smart financial decision for several reasons – from reduced interest rates on your loan and shortened loan terms to lower monthly payments – and the timing is right to take advantage of improving market conditions. Consider this information to help make an informed buying decision.

Lower Your Monthly Payment
The more you can invest in the down payment of a vehicle, the lower your monthly cost will typically be and the less interest you will typically pay over the length of the loan. This can lead to smaller, more manageable monthly payments.

A significant down payment can also help offset higher-than-average interest payments and could lead to a shorter term, meaning less total accrued interest. An auto loan calculator can show you how a down payment can affect interest charges.

More Affordable Vehicle Options
Used car prices have been trending downward month-over-month, according to the Bureau of Labor Statistics’ consumer price index. These decreases in used car prices are helping offset higher than normal interest rates. The average sales price for a pre-owned vehicle through Enterprise Car Sales, for example, is approximately $21,000 right now, compared to average new car prices, which are hovering around $44,000.

Vehicle inventory is improving along with an increase in consumer demand for cars, which makes now an attractive time to buy. Many used car sellers feature inventory that is readily available so you can select from options you know are in stock, including different makes and models with a wide range of different features that can offer more affordable options.

“We have a large inventory of vehicles across the country currently priced under $20,000,” said Mike Bystrom, vice president of Enterprise Car Sales. “There are several considerations to keep in mind when shopping for a vehicle, and there is no one-size-fits-all approach. Consumers should weigh their options, but the one thing they shouldn’t compromise on is receiving great customer service.”

Protect Your Purchase
Ensuring your purchase is protected is also a smart financial decision. Take advantage of dealers that offer additional benefits to help protect your purchase and provide peace of mind that your tax refund has been well spent.

Look for a used vehicle that has passed an inspection by an ASE-certified technician and comes with a limited powertrain warranty, as well as extra coverage options such as roadside assistance and a return policy up to a certain amount of days or mileage.

With a little research and careful planning, you can find a reliable used car that meets your needs and puts your tax refund to good use. Visit enterprisecarsales.com for more information.


SOURCE:
Enterprise Car Sales

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