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Your Guide to Saving Money in 2017

Who doesn’t want to save more money in 2017? Whether you are saving for retirement, for a vacation, or to make sure you have an emergency fund, anyone can save in 2017. It will take some discipline, but here are some things you can do this year to grow your savings.

  1. Establish some goals. Some of these ideas for saving money are well known. If you want to save, you should have a goal. Whether it’s $10 a month or $1,000, you need a clear-cut goal.
  2. Make a budget. Again, this is nothing new, but making a budget will force you to analyze your income and expenses. Knowing where your money is going is one of the keys to saving more.
  3. Eliminate unnecessary expenses. This list can include many items, and we will touch on several.
  4. Get rid of cable TV. TV subscriptions can be an expense that costs the average household $100 a month. With today’s technology, you can receive the major network channels for free with an HD antenna. Services like Hulu, Netflix, and Sling TV are cheap and offer all sorts of programming. You can save loads of money each month by eliminating basic cable.
  5. Change your grocery shopping. Use coupons and buy items when they are on sale. It requires a little bit of time and research, but a household can save several hundreds of dollars over the course of a year.
  6. Reduce your energy costs. Use a programmable thermostat to control the heat in your home. Lower the heat on your water heater (it’s probably set too high) and replace all your light bulbs with energy efficient replacements. You will be surprised at the savings in your utility bills.
  7. Shop for auto and home insurance every year. The insurance industry is super competitive. Each year before your premium is due, get a few quotes. It never hurts to make sure that you are not paying too much. If you can save $100 for an hour or two of work, the result is worth it.
  8. Consolidate your debt. If you have some high-interest credit card debts, consider consolidating them and paying them off quickly with a car title loan. If you own a vehicle, you may be able to take out a car title loan from Embassy Loans and have your credit card debt paid off within a year.
  9. Transfer debt to lower interest credit cards. If you cannot consolidate your debt, consider a balance transfer to a new card that offers a zero-cost transfer and lower interest rates. The lower interest rate can help you pay down the balance much quicker.

These are just a few of the steps you can take to save more money this year. Trying just one will surely add money to your bank account. Add a few more and reach your savings goal for 2017.



Embassy Loans is a leading provider of auto title loans since 2005

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Embassy Loans Inc. is licensed under the “Florida Consumer Finance Act” and as such Embassy Loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of Embassy Loans’ activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.

Monthly Interest Rates range from 1.5% to 2.5% (18% to 30% APR), with 15-18 Month Terms.

No Prepayment Penalties!

Embassy Loans uses “Title Loans” for advertisement purposes only and provides auto equity loans. Embassy Loans Inc. is licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such Embassy Loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of Embassy Loans’ activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.

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Frequently Asked Questions

What is an Auto Equity Loan?

An auto equity loan, sometimes known as a car title loan or a car equity loan, is a type of loan that allows you to borrow money by using your vehicle as collateral. The loan is secured by your vehicle, meaning you agree to use the equity in your car to back the loan. 

What is an Unsecured Personal Loan

An unsecured personal loan is a loan that does not require collateral. Funds are provided based on your credit worthiness and your ability to repay. 

What Is the Credit Builder Program

The credit builder program is designed to help individuals establish or improve their credit score with the primary purpose of building a positive credit history through regular payments.

Can i have more than one Loan at a time?

Embassy Loans can only extend one loan at a time and it’s advisable to start with one and focus on making payments in a timely manner to prevent default.

What happens if I miss a payment?

Missing a payment can have negative consequences, including late fees, a drop in your credit score, and potential default on the loan. Consistent, on-time payments are crucial to benefit from the program.