Five Celebrities That Know How To Save Money

Most of the media generated stories about celebrities consist of shock and awe showing situations resembling the Titanic sinking into the ocean.   When it comes to personal finances, we read about those who didn’t pay their income taxes, stars that spent themselves into bankruptcy, and estate plans that went decidedly south after their death.    However, there are celebrities who understand a thing or two about money and here are five famous people who know how to improve their bottom line. Teri Hatcher Understands Used Cars– Teri Hatcher became famous through the Superman shows she did with Dean Cain and then hit a home run with the Desperate Housewives television show.   She’s reported to have a net worth of over $50 million dollars.  “I don’t spend my money on sports cars or new million-dollar houses. I drive my cars for 10 years until they have 100,000 miles on them.” (source www.msn.com)    Used car buying is a smart money move that can ...

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VIDEO | When Should You Replace Your Old Car

Published on Sep 4, 2012 When it comes to making smart money moves, our family has never been a big fan of buying a new car. Read FULL ARTICLE Here – http://bit.ly/Te3HAf – In fact, the last new car that we bought was back in 1993 when we really did the math on how much smarter it is to buy a used car that is somewhere between two to four years old versus getting a new one. While getting a new car should be a well thought out planned purchase, it often falls into the camp of a spur of the moment purchase depending on when you get in the mood. In a sound financial plan, you should begin to save for the (new) used car purchase the moment that you pay off the old purchase. If you are like me and pay for your cars in cash, you should begin to immediately build a side fund so you can pay for that ...

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