Friday, April 23, 2010

Go Easy on Scissors When Cutting Family Budget


Trying to make ends meet during tough times? Be careful. Some cuts that save you $10, $20, or even $100 now could cost you thousands later, according to Bankrate.com. Ignoring auto oil changes and regular maintenance could harm the engine. Insufficient tire pressure could cause accidents. Skipping or halving doses of medicine—while it may double the life of that prescription—could harm your health and shorten your life. And lowering homeowners insurance—even if your home's value has dropped—could leave you holding the bag when insurance doesn't cover a catastrophic loss.

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