Dealers Know: Car Loans Take Priority

According to TransUnion reports, auto loans top budget priority payment lists. Even the crash of the housing market, homes loans still fall second to car payments. The mortgage delinquency rates push beyond 30 days yet this expense still takes priority over credit card debt. It makes sense. Why fall short on secured loans when there is personal property at stake? Credit bureaus are not the only eyes watching this trend. Car dealers have taken notice and they are taking advantage of consumer’s eagerness to pay.

Dealers will push a brand new car. Who can resist the smell and sleek interior? It’s a nice thought to be able to get all the latest bells and whistles. It’s okay if your credit score is less than perfect. Dealers have the proof they need that customers are willing to make their loan payment. The salesman will make it is easy to afford the installment loan payment even for those with sub-prime credit. By extending the term of the loan to 5 – 7 years, the finance department will manipulate the payment plan to fit your budget. You probably will never even notice what interest rate you are paying. The excitement of a loan approval will often fog those details. Long loan terms equate to lots of interest charges. It’s a small detail the finance department will probably choose to omit from their convincing speech. Don’t want to pay the extended interest payment? The dealer will understand and lead you to the used lot.

There is a sale’s pitch waiting for the buyer in a used lot as well. Many car lots only focus on used vehicles. Dealers know that many consumers don’t want to drive off the lot and immediately lose a chunk of the car’s value. A used car is not only more affordable than a brand new one, but you can get a reliable vehicle for a lot less money. Consumers ditch the brand new car smell for more affordable payments. As with new cars, finance plans can create very low monthly payments using extended terms. A smaller payment will help the budget. Car shopping, whether used or new, is an exciting time.

Customers are willing to make their car payments. Dealers take advantage of this situation by inviting sub-prime customers to their lots with pre-approved loan notices. Similar to credit card companies, pre-approved notices are mailed to attract new customers. Higher than average interest charges are welcomed for many who thought they would never be able to buy a decent vehicle. The dealer understands. Not only are the offers high interest, but the loan itself is secure with the vehicle as collateral. Dealers are in a win-win situation when offering a hand to those with credit challenges. It doesn’t matter to the salesman that the customer may not be able to afford other living expenses. They have their own paycheck to worry about.

What consumers should consider before purchasing a car –

– Loans with terms longer than 60 months. The final ending price inflates from interest costs. Pay extra whenever possible to decrease loan term.

– Pay attention to interest rate costs. You pay attention to credit care and payday loan interest, do the same for your car payment. Shop around for a better price or hold off on your purchase until you can raise your credit scores.

– Refinance if your credit improves over the 5-7 year term loan.

– Make sure you can afford maintenance and upkeep. Parts and labor are more expensive for higher end cars.

As good as it feels to be able to buy a car, the rest of your budget must keep up. Focus on making good on car payments so you don’t forfeit the vehicle as collateral. Make sure that extra cost will not interfere with all other budget demands as well. A smart budget shopper will fit it all in.

Making Love a Priority in Your Marriage

If you are like millions of people struggling to keep your marriage afloat and are trying to beat the odds and remain married, you need to take relationship advice which tells you how to keep love a priority in your relationship. Many people insist they do not need relationship advice and can handle this area of their life just fine, and yet find the love in their marriage growing dimmer by the day.

Don’t wait another day to take some healthy and wise relationship advice which can help to stimulate your marriage, increase intimacy between you and your spouse, and to reestablish trust and love between the two of you. This is a journey which will be on-going and one you will refine over the years. Learning to take your marriage seriously means putting it at the top of your priority list. It must come first even before work, household duties, monetary issues, extended family, and other things that seem to gain priority over many marriages.

Extended family, careers, and money issues seem to take priority in most marriages. None of these things will help to stimulate love and trust and intimacy in your marriage. Though all of these areas are important areas of life, you must first develop and strengthen the bond of love between you and your spouse so you can take care of the other issues together as a couple and not as a single individuals. This relationship advice will provide you with a solid footing on which to gain a good foundation for the rest of your marriage.

To make love a priority in your marriage, go back to the basics of your habits when you were first dating and review the romance demonstrated there. Remember the way you use to listen to your partner when he or she spoke, recall the times when you went shopping together and held hands, and when you made plans to go on dates together. The relationship advice which centers on regaining your focus of spending more intimate time together should be heeded if you are desperately trying to restore the love in your marriage.

Revisiting old places which will inspire romantic memories is something that each married couple can do to encourage the growth of love and fondness and romance in their relationship. Many times, it simply takes taking a deep breath, slowing down and assessing what has become important in your life and what takes up the most time in your life. It is natural that careers will take up the majority of your time, but each morning, or each evening should be spent together as a couple.

If work and children make this impossible to occur every day, then do your best to see to it that you set time aside for one another at least a few times a week and then a full day on the weekend. Following relationship advice which promotes you spending more time with your spouse will help you to reconnect and to increase the love between you.

Managing Time Involves Clarity About Your Priorities

Technology has transformed our perception of things. All sorts of information are readily available at the push of a button. You want to know how to cook just Google the name of the recipe. You want to learn how to repair your water tap go on YouTube. Our minds are constantly assailed by information every minute. Our privacy is constantly under pressure with the use of Smartphones: emails, What’s App?, BBM, etc. Has there been a day when you feel that you can totally ignore your Smartphone, Ipad, laptop?

You wish that it would be as simple as turning them off and not even feel guilty about it. Well, some of you have been courageous to take that first step and feel totally liberated or completely stressed out… Remember the time when there was no internet. Some of you can’t even picture it as you were too young. They were the times when a friend meant somebody whom you have actually met, talked to and shared many things together. When you wanted to know what was happening overseas, you had to buy the newspaper or waited for the TV or Radio news broadcast. Those were the days!!! You must be thinking where is she going with all this? Is she becoming nostalgic all of a sudden?

Our time management skills are constantly being challenged. There is a constant need to review your list of “To Do things” every day or sometimes every hour. At work, you are sometimes unable to complete what you have started due to more pressing matters. Being the perfectionist, this unfinished task is nagging you at the back of your mind. At home, there is always a list of things in progress – the laundry, the gardening, the food shopping list, the children’s homework. The list is endless. In the midst of all this, finding some “me time” makes you feel guilty or become a real luxury treat!

Effective time management is about setting your priorities in the right order. Right order does not mean those with the highest amount of pressure. Pressure is something that is perceived and constructed in your own mind. Your top priorities are those that are congruent with your values, norms and beliefs. There is a simple exercise that you can do on your own.

1. Your priorities list
List all the things that you would like to be able to do in the different areas of your life. For each one of them, what is the motivation or reason for you to include it in your list?

2. Arrange them in order of importance.
What impact would it make to your life if you achieve each one of them? What are the payoffs for you to put time and effort into realising them?

3. Testing your determination.
Now, you are going on a trip in a hot air balloon. Each one of your priorities is going to be stored in a box. Each box is of equal weight and size. As the hot air balloon rises, you can see, what it would be like if you were able to achieve your priorities. What images, feelings come to your mind? What would it sound like if you were going to sing about it?

You are now as high as the clouds and suddenly the winds become stronger. The burner flame weakens and the hot air balloon starts to descend dangerously. For you to survive, you would need to decrease the weight of the wicker basket. This is a life and death situation. It is either you or the boxes.

What would you take out first? Remember each priority box is of the same weight. You are told that you are able to keep only one, maybe two. As you let go of each box, what happens? What makes it difficult or easy to let go?

4. Reassess your priorities list
Are they still the same? If yes, then your perspective of life is congruent with your lifestyle. If not, there is always time to re arrange your priorities and to make the desired changes. What have stopped you from doing them? What steps can you take right now to start the changes?

5. Review your lifestyle according to your final list of priorities.
If you have chosen “being healthy” as your no 1 priority, do you spend time looking after yourself? What would it mean to be healthy? Are you actually doing them?

The hot air balloon exercise can be used to test how strong your values are, what are the main priorities in your job search or career choice. The outcome of the exercise changes over time and it is recommended to do this exercise occasionally.