Page 13 - EQ Mag-2019
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 Consolidate Debt & Eliminate Interest Costs

 Interest fees can eat away at your balance without you
 even realizing. Loans and credit cards incur monthly
 fees, so your payments may only be covering the
 charges and interest, without making a big dent in your
 balance. Your priority should be to pay these debts off

 Seek advice from a financial expert to see whether you
 can roll your debts into one loan. This will consolidate
 the repayments and reduce interest and charges.

 Overpay Monthly Bills To Give You A Head Start

 Have you ever thought of paying a little extra to each
 utility or mobile bill every time they fall due? This idea
 of forced savings is clever and do-able.
 Consider overpaying your bills by a few dollars each
 month, and before you know it you will have   approach can bring real rewards. Start putting your
 accumulated a surplus.  loose change into a jar or tin at the end of each day.
 Five cents will become five dollars before you know it.
 This may mean that eventually, you’ll have a month   Make some of these simple changes to your financial
 where the bill does not need to be paid at all, freeing   routine and your forced savings plan is off and running.
 up dollars from that month’s pay for other purposes.  Remember to take it slow and tinker with the ideas
 until you have a system in place that works for you. If in               B O O K T R A V E L . C O M
 Loose Change Turns Into Dollar Amounts   doubt, chat with a financial advisor who can give you
 many more bright ideas for taking control of your
 It sounds a little old-fashioned, but a basic piggy bank’   money.

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