12. Take care of your belongings for long term savings

If you have a car, it’s always better to give it for service every 6 months so that you will pay less on the service charge. In case if you are using your car for a long time and have not given for servicing, it might cost you more than you expected.

13. Get an extension on the mortgage

At times, you might have to undergo some additional obstacles or problems. This in return, might make you financially weak and you may not be able to clear up your debts on times.

If anything similar to this happens, it is better to go for a mortgage extension. The extension will not reduce the debt, but will make the process easier for you.

14. Ask your financial adviser for better options

If you are confused about making any financial decisions, consult a financial adviser. He will first give you a questionnaire to fill and then will speak to you directly to clarify the information you have provided.

These financial advisers will plan the savings and expenditure for you and will help you reach the goals of your life.

15. Talk to a mortgage counselor

Mortgage counselors are those, who are HUD-certified and will speak to your lender on behalf of you to help you get back your home. They will also help you in settling down things easily.

However, not all counselors are trustworthy. It’s always better to know about them before you seek their help.

Also Read:

10 Types of Taxes Which You Have Never Heard Of

5 Best Bank Accounts for Indian Women