Best Selling Financial Secrets Revealed!

Some of the most closely-guarded financial secrets are also some of the insider clues you can use to pay off debt and live a comfortable, secure life - no matter how much you may or how much you owe.

Entire books have been written just to scratch the surface on one particular "secret" - but we're revealing the best ones for free, right now.

1. Compound Interest - People who don't understand it, pay it. People who do understand it, can make an astounding amount of money from it. Compound interest is money that is paid on top of the principal - creating a "new" principle amount which then earns additional interest.

At first this may not seem like much, and the percentage of compound interest compared to "simple interest" is much lower - but over time, that small percentage can add up to a surprisingly large amount. Look for bank offers that advertise "interest compounded daily". It makes a considerable difference in the long run.

2. If you've been a longtime customer at a specific bank, credit card company or credit union, and you get hit with a fee for a minor slip-up, ask if you can have the charge waived. You may be surprised to find that many financial institutions are very accommodating to longtime customers if they only ask.

The same applies to getting a lower interest rate on your credit card or getting an annual fee waived. Inquire and see what it can do for you - you may end up paying considerably less in interest charges just by asking a simple question!

3. Bypass the Broker - Avoid paying high brokerage fees by buying government bonds, treasury notes or bills directly. The minimum investment for bonds and 5-10 year notes is $1,000. For notes with shorter maturity rates, the cost is $5,000 and bills are $10,000 (at minimum). The nearest branch of the Federal Reserve Bank can help set you up with a Treasury Direct account - saving hundreds or even thousands of dollars in broker commissions on unsafe or unsecure products you don't need.

4. Look for Bargain Banks - With such stiff competition between them, many banks offer no-fee checking and free ATM withdrawals. Use this to your advantage to avoid high monthly or per-transaction fees. Sometimes choosing to get your statement electronically can also reduce banking fees.

Remember, some of the best discounts and savings can be had just by asking or reading the fine print. What you learn could save you a bundle and keep you from paying questionable fees for services you don't remember signing up for.

These are just a few of the tips you can keep in mind to help you save more, invest wisely and start making your money work for you.
When you take the time to fully understand the service being offered, you put yourself in a much better financial position than those who don't - and that's advice you can bank on!

The More You Know,

Judy O'