(ARA) – The summer months can bring big expenses. Wardrobe, travel and home improvement projects can drain your bank account. With so many potential expenses, it’s important to maximize your money.
David Bach, financial expert and author of “Fight For Your Money,” offers tips on how to protect your finances and help reach your summer goals.
* Don’t take anybody’s word for anything
Get all guarantees and warranties for products and services in writing.
* Figure out the total cost
Look for stores like Kmart that offer convenient layaway options. With layaway no interest payments are involved. For more information visit Kmart.com/layaway.
* Resist efforts that pressure or intimidate you
If a salesperson tells you to “act now or else,” it’s a sign you shouldn’t act at all.
* There’s no such thing as a set price
You’ve got more power than you think and it pays to try to negotiate whenever you can.
* Money gives you control, so hold onto it as long as you can
Use cash whenever possible and, if you’re using credit cards, try to pay them off in full each month.
For more information, visit FightForYourMoney.com.