Galen Call Reverse Mortgage Specialist Monterey California

  • Home
  • Just The Facts Please
    • Due and Payable Timeline
    • Reverse Mortgage Facts
    • One Step at a Time
    • Adult Children
    • Trusted Advisors
    • Government Guarantee
    • History of Reverse Mortgages
  • News You Can Use
    • What You Need to Know After Closing
    • What do I do when my loan is due?
    • NRMLA Reverse Mortgage Self-Evaluation
    • NRMLA Home Toolkit
    • CFPB Reverse Mortgage Guide
  • Realtors
  • Blog
  • About Galen
  • Contact Galen
  • Call 831-645-1164

Galen Call May 2, 2012

Are You Sabotaging Your Own Budget?

Breaking the Budget BankYou’ve tried to make a budget and stick to it, recording your expenses and income on a spreadsheet and keeping track of your spending. However, you still seem to always end up with more month than money.

Where does it all go and what are you missing?

Budgets are not easy to keep and there are many things that you could be doing which are unintentionally ruining your best laid plans. Here are a few of the top things which can get in the way of your goal to save money:

Shopping When Hungry

If you are in the habit of heading to the supermarket with a grumbling tummy, stop right now.

Numerous studies have shown that we will buy more food when we are hungry and we are also more susceptible to putting junk food and other expensive treats in our shopping carts.

Instead, head to the store with a clear list of what you need and have a healthy snack first.

Being ATM Happy

If you are in the habit of taking money out of an ATM several times per week, this can be a factor which is damaging your budget.

One reason is because if you are taking out $20 here and there, it is easy to lose track of how much you are spending.

Also, if you are making withdrawals from ATMs which do not belong to your bank you will be dinged with a fee every time and these can really add up.

Instead, try to withdraw enough cash for the week and budget it so that it lasts. This will also help you spend less because you will actually see the money disappearing from your wallet.

Paying Unnecessary Fees

One of the things which could be sabotaging your budget are fees which, with a little bit of attention and diligence, you could have avoided in the first place.

These include late payment fees, transfer fees, overdraft fees, cash advance fees, and even overdue library fees.

You have enough things that you must pay for, so why waste extra money on fees that you can avoid?

Be organized to keep up with all of your due dates and bank statements so that you aren’t being nickel and dimed when you don’t need to be.

If you have realized that one of these habits is sabotaging your budget, don’t worry.

Now that you are aware of it you will be able to adjust your behaviors and get closer to your goal.

 

Filed Under: Personal Finance Tagged With: Budget, money, personal finance, saving money

About Galen Call

Galen Call is a Certified Reverse Mortgage Professional (CRMP) in Monterey, California. She manages the Reverse Mortgage Division at TreeHouse Mortgage Group, a Division of American Pacific Mortgage Corporation (CALDRE #01215943 | NMLS# 1850). Galen can be reached at 831-645-1164 or by email.

Galen has been originating reverse mortgage loans since 2006 and active in the mortgage lending industry since 2003. She helps clients aged 62 and older with Home Equity Conversion Mortgages (HECM) and proprietary jumbo reverse mortgage loans. Galen brings a proactive and collaborative approach to reverse mortgage lending.

GALEN CALL
Manager, Reverse Mortgage Division
American Pacific Mortgage Corporation
dba TreeHouse Mortgage Group
Call Today: 831-645-1164
Fax: 831-643-1161
Galen@TreeHouseMortgage.com
NMLS #226129 | DRE #00908338
APMC DRE #01215943 | APMC NMLS #1850

How can I help?


0 / 180

Learn More:

  • Reverse Mortgage Facts
  • Adult Children
  • One Step At a Time
  • Accessibility Statement
  • Privacy Policy
  • NMLS Consumer Access
Licensed by the Department of Corporations under the California Residential Mortgage Lending Act

California zip codes served: 93940, 93901, 93905, 93908, 93921, 93933, 93943, 93950, 93953, 93955, and 93962

Equal Housing Opp

Copyright © 2021 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

Our Location


288 Pearl Street
Monterey, CA 93940
Branch NMLS# 150751

Return to top of page

Copyright © 2023 Galen Call Reverse Mortgage Specialist Monterey California. All rights reserved.   Log In