Friday, August 3, 2012

YOU Magazine August 2012

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Christy Fuentes     Christy Fuentes
Loan Officer
Citywide Mortgage
Phone: (405)514-6401
Fax: (405)794-4263
License: 218690
christyfuentesloans@gmail.com
www.christyfuentesloans.net
Citywide Mortgage
August 2012



July 2012
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March 2012
February 2012


    
To Pre-Pay or Not To Pre-Pay
Some Important Things to Consider About Your Mortgage

With so much economic uncertainty going on both here and abroad, it's understandable that people are worried about the future. Some may even want to minimize their debt as much as possible. If you've been thinking about pre-paying your mortgage or taking on an accelerated amortized loan (i.e. 15 year fixed), read on for some important information.
   To Pre-Pay or Not To Pre-PaySome Important Things  to Consider About Your Mortgage

Burger Meister
Mastering the World's Most Perfect Sandwich
By Kirk Leins

When you think of American cuisine, the dish that most likely comes to mind first is the hamburger. It's not only the most iconic foodstuff our country has to offer, when done right it is also one of the most delicious and satisfying meals you can eat with your hands.
   Burger Meister - Mastering the World's Most Perfect Sandwich - By Kirk Leins

An App That Helps You Avoid Scams
This free smart-phone application provides information on more than 550 scams worldwide.
By Cameron Huddleston, Kiplinger.com

You get a letter stating that your bank has moved your home loan to another servicing company. The letter looks official and there's a number you can call for more information. You contemplate calling, but you're worried that it might be a scam. There's an easy way to find out if it actually is.
   An App That Helps You Avoid ScamsThis free smart-phone application provides information on more than 550 scams worldwide.By Cameron Huddleston, Kiplinger.com

Discovering Hidden Profits
In Your ''Spare Change'' Time

Fact: Take the spare change out of your pocket every night and put it in a child's piggy bank. At the end of a year, you will have at least a hundred dollars to spend as you wish. Now, take this same principle and discover the huge payoff in the ''spare change'' time you've been wasting all these years.
   Discovering Hidden Profits - In Your ''Spare Change'' Time

Happy Campers
The Vacation You Can Take Again and Again

Camping can be a relaxing vacation for an entire family, high school seniors after graduation, or just a group of friends who want to get away. It provides the opportunity to get away from the hectic pace of everyday life, to rise and sleep with the sun rather than a clock, and to enjoy the company of friends and family. And it's cost-effective!
   Happy CampersThe Vacation You Can Take Again and Again

Go Swimming!
Your Guide To a Water Workout

There are two types of people, those who exercise on a regular basis and those who don't do it nearly enough. Regardless of the category you fit into, swimming is an exercise that can benefit everyone...and summer is a great time of year to get started. So, grab your swimsuits and head for the water. We're going swimming!
   Go Swimming! - Your Guide To a Water Workout



Monday, July 30, 2012

Practical Financial Tips - Q3 2012


Follow Me On:        
Christy Fuentes
Loan Officer
Citywide Mortgage
Phone: (405)514-6401
Fax: (405)794-4263
License: 218690
christyfuentesloans@gmail.com
www.christyfuentesloans.net
  How to Make Extra Money Blogging
   By John Miley, Kiplinger.com
You won't get rich as a blogger, but even a part-timer can make $100 a month or more. More visitors mean more cash.

Start by picking a topic you're passionate about – the more specific, the better (for example, "fly fishing in Montana" instead of "fly fishing"). Sign up for a blog template, such as Wordpress, Blogger or Tumblr, and start posting regularly. Schedule a week's worth of posts on a free day if you don't have time to write every day. Above all, be original, says Jessica Quirk, blogger at WhatIWore.Tumblr.com. "You really have no hook without original content," she says.

Use social media to attract a community and keep them engaged. As your audience grows, post advertising. Google's Adsense, a free program that lets you embed ads on your site, gives you a cut of the profits. Track your traffic and increase the type of posts that reel in the most visits, comments or re-posts. For tips, search your blog template's Web site for free tutorials and forums.

Reprinted with permission. All Contents ©2012 The Kiplinger Washington Editors. Kiplinger.com.

  Donating Your Car to a Charity
Getting rid of an old car can seem difficult. If it's not in the best shape, you may be reluctant to sell it to someone because you're concerned it may break down and they'll come back to you complaining. Of course, you probably don't want to pay someone to just haul it away.

Another option is to donate the vehicle to a charity in exchange for a deduction on your taxes. It's a good idea to first consult a tax professional to see if this option is right for you. The following tips can also help:

1. Make sure your charity has 501(c)(3) status. If your intended charity doesn't have this type of status, your donation will most likely not be tax deductible.

2. Make sure the charity accepts vehicle donations directly. Many charities use companies that act as middlemen in the process. In these situations, the companies keep a percentage of the donation as payment for their role. Sometimes their cut is quite high, so do your homework before deciding on a charity.

3. Drive your car to the charity as opposed to having them pick it up. Hiring a service or a tow truck to claim the donation will cut into the amount of money your charity ultimately receives.

4. Understand how your deduction is valued. Discuss with the charity how much your vehicle is worth and how much you can deduct from your taxes - and make sure the charity is aware of and abides by the law when assigning value.

5. Sign over your car to the charity. If a charity asks you not to assign ownership, you should go elsewhere. The problem is that if you do not transfer the title, the car is legally still yours. Think about the liability issue this presents.

6. Get a receipt after the car is sold. It's a worthy point that requires no explanation.

  Is Yapta for You?
You've worked hard to save for that summer vacation and finally booked your flight and hotel room...only to find that several days later they've dropped significantly in price. Sound familiar? If so, then check out Yapta.com!

Launched in May 2007, Yapta, or "your amazing personal travel assistant," tracks prices of airfares and hotel rooms to help you secure cheap rates. What's more, Yapta also tracks for airline refunds, credits and vouchers after you've purchased your airline ticket. If the price of your flight drops below what you originally paid, you will receive a notification which tells you that the airline carrier you're flying may owe you a refund.

Here are a few important things for you to know:

  • Yapta requires you to register with them by providing your email address, a password, and your first and last name.
  • Yapta does not get you an automatic refund if you have overpaid. Rather, it lists the various airline refund policies on their website, and not all policies are the same. Some airlines offer refunds for any drop in price, whereas other major airlines only offer refunds if the price drops $150 plus.
  • Yapta has an app that can be easily downloaded to your iPhone, iPad and iTouch.
  • Yapta also posts airfare alerts on their Twitter, which is @yapta.