Personal Finance News Thursday 3/14

Phil's Personal Finance Tip of the Day:

Best Days, Months and Hours to Spend Money

By Farnoosh Torabi | Yahoo! Finance

We all want to spend our time and money wisely, and now a new book explains how to do both — how to get the most bang for your buck by simply timing our purchases right. “Buy Shoes on Wednesday and Tweet at 4:00” offers tips on various transactions, from leasing a car to getting a haircut.

Shoes

A girl can never have too many pairs and online retailers make it very simple to find whatever we want day or night. But sales tracker ShopItToMe.com says if you can hold off until Wednesdays to buy a pair that caught your eye, you’ll likely save about 40% off the regular price.

Hair Cuts

How about a new “do” to got with your fancy footwear? Well, you may want to think twice before getting a haircut on a Saturday. Stylists interviewed for the book say it’s their busiest day of the week and when they’re under the most pressure. Instead, schedule an appointment with your barber or salon on Tuesday, often the slowest day for business. Hairstylists say they’re less stressed and make fewer mistakes — plus you’ll get their full attention.

Life Insurance Policies

Timing matters here, as well. If you haven’t invested in a policy yet, the time to act is sooner rather than later. In fact, you’ll get the best rate on a policy before your next birthday.

To read the entire article from Farnoosh Torabi | Yahoo! Finance:

http://finance.yahoo.com/news/best-days--months-and-hours-to-spend-money-155426046.html

Inspirational Quotes@Inspire_Us from Twitter:

I am not discouraged, because every wrong attempt discarded is another step forward. - Thomas Edison

Hi my name is Philip J. Miano and I am the founder of PJM Personal Finance and Productivity Coaching specializing in Budgeting, Debt Reduction, Bank Reconciliations, Goal Setting, Time Management, and Organizational skills. Please visit my website: http://pjmcoaching.com