Being Debt Free
April 19th, 2006 by jhampton
Saving money is the first step in eliminating debt. The more wealth you have, the less debt you need.
One way to save money is on your home owner’s insurance rates. Although on average these rates are not astronomical, there are ways to save.
- Be sure to shop around. It may take a little time, but it could save you money. The insurer you select should offer both a fair price and excellent service.
- Raise your deductible. Deductibles on homeowners policies typically start at $250. By increasing your deductible to $500, you could save up to 12%.
- Beef up your home security. You can usually get discounts of at least 5% for a smoke detector, burglar alarm or dead-bolt locks.
Saving on any area of life is a smart investment. Don’t just take the first few things that come your way. Be smart, save, grow wealth and live!
Relevant Tags: home owners insurance, saving money, wealth building, wealth coachingPosted on Wednesday, April 19th, 2006 at 12:53 pm In Debt Elimination




