Every dollar you can save is a dollar you can use to pay off debts if you have them or add to your savings or investment accounts. Liz Pulliam talks about saving on insurance if you can afford d to pay it up front.
Let’s say you had a $1,200 annual auto-insurance bill and that your insurer would charge $2 a month if you opted to pay the bill monthly by automatic debit from your bank account. You would save $24 in annual fees by paying the entire bill in advance.
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