Do you have a pending debt on your credit card (CC)? If yes, you aren’t alone in this. Following a study, Americans have a total CC debt of approximately USD 1 trillion. Naturally you, along with the other Americans, are certainly on a lookout for the best ways to pay off credit card debts. Here, we’ll discuss some of them with you.  Divide your CC debt into pieces If you look at your total pending CC dues, the amount will look gigantic. Thus, we advise you against it. You can instead break down your CC dues into little chunks. This naturally happens when you have two-three credit cards. However, when you have only one card, you should divide the whole amount into certain smaller amounts. It will make your repayment process a lot more manageable. For instance, when you consider the fact that you have to pay back the CC company USD 30,000, it would seem like a considerable amount. On the other hand, if you divide this amount into five chunks of USD 6,000, it looks somewhat manageable. Of course, if you get into the math, there’s no change in what you owe to the company, but as you know, divide the de and conquer certainly make the things look achievable.

It is always important to remember that as a student, whenever you look for a savings account, you should keep certain things in mind to ensure that the account chosen by you is the best. Here, we have come up with a few tips to analyze and see if you have found the best savings account for students. Your savings account offers a competitive rate of interest The most vital benefit of any savings account is the interest that it fetches you. Hence, you need to ensure that the rate, which you are getting, is competitive, based on which you will opt for a particular bank over others. The motive is to let your money grow, and not just remain as it is. Unfortunately, most big banks offer students a very low-interest rate, and there’s no earning as such. However, if you look online, you can find a bunch of banks that offer you a good and competitive rate of interest. Moreover, online banks are more secure, flexible, and easily accessible than physical banks. The benefit of a high-interest rate is that you are always inspired to save more when you see your money growing every month without any effort.

There’s a phenomenal surge in the sales of electric and hybrid cars, owing to their reasonable running costs and low emissions. But ever wondered which models are rated right at the top when it comes to assuring the highest level of safety? Well, fret no more. In this list, we have included some of the safest hybrid and electric cars that you can consider buying. Tesla Model 3 The Tesla Model 3 is an athletic fully electric car that delivers a phenomenal all-electric driving capacity. It is a five-seater vehicle with a roomy cargo and several high-end tech features. Its nimble handling and quick acceleration make it all the more desirable. In the category of EV class and luxury hybrid vehicles, there’s simply no competition for the Model 3. The Model 3’s safety features are of the highest standards. Its metal-based structure is an amalgam of steel and aluminum, which assures adequate strength in every area. The company conducted a roof-crush test, wherein the Model 3 successfully resisted 4 times its mass despite having an all-glass roof. The advanced auto pilot convenience and safety features help the driver through the most cumbersome parts of driving. The vehicle is equipped with a 160 meters radar, which is forward-facing and offers a long-range view of the objects in the front.

Usually, if you reach out to someone for some advice on car insurance, the first thing that they’ll tell you is to buy as much insurance as is affordable for you. But in all honesty, this is not the right way to go about doing things. So, herein, we provide some essential tips for getting car insurance for new drivers for you to follow. Shop Around Before you get car insurance, you should shop around and get quotes from the different insurance companies around you. This will help you find out which company is offering you the cheapest rate of insurance. Further, look for those insurance companies that specialize in giving optimum coverage even to high-risk drivers. To save time, reach out to an agency that offers the insurance quotes from different companies that you qualify for. With different quotes in hand, the comparison is easier and faster. Increase the Deductible When you are opting for car insurance, you have a chance of choosing the deductible. Deductible depends on your policy and could be anywhere between $250 and $1,000. Now, the general rule of thumb is that the lower deductible you opt for, the higher would be your insurance premium.

Both buying a car or leasing one will have certain financial implications. However, money is not the only criterion to base this decision. Your lifestyle and personal taste will also have a critical role in deciding whether you should finance or rather lease a car? So, let’s find out how to choose between financing and leasing a vehicle. Deciding Between Financing and Leasing a Vehicle Whether it comes to either of the two options, choosing from either one depends on your personal preferences, goals, and budget. Trust us, when we say this, both buying as well as leasing the vehicle has its share of benefits. Now, given both of them have adequate benefits, the key to determining how to choose between financing and leasing a vehicle is by understanding which alternative is more ideal for you. Benefits of Car Leasing If these benifits apply to you, leasing a car may just be the right option: Lower Payouts Every Month Typically, the amount of monthly payouts for a leased car is lesser than those of buying a car. Moreover, in leasing, the down payment required is very little. There’s no sales tax to be paid either. However, when you give back the leased car, you might be charged a fee for exceeding the mileage allowance limit or damages, if any.