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The Do's and Don'ts of Money Frederick MD

Although the news of the economy might be scaring you,you can consciously decide to live a policy of profitability and not survivability.It's just a matter of knowing when to hold on to your money and when to move it around.

Target Pharmacies
(301) 624-2045
5437 Urbana Pike
Frederick, MD
 
Ross Stores Inc
(301) 620-4213
7288 Guilford Dr
Frederick, MD
 
Goodwill Industries of Monocacy Valley
(301) 668-5363
5831 Buckeystown Pike Ste B
Frederick, MD
 
Goodwill Industries of Monocacy
(301) 663-6893
400 E Church St
Frederick, MD
 
Boscov's Department Store
(301) 631-8155
1301 W Patrick St
Frederick, MD
 
Kohl's
(301) 620-7666
7350 Guilford Dr
Frederick, MD
 
Sam's Club
(301) 682-7140
5604 Buckeystown Pike
Frederick, MD
 
Bon Ton
(301) 662-9252
Frederick Towne Mall
Frederick, MD
 
Dollar Kingdom
(301) 845-7000
134 Walkers Village Way
Walkersville, MD
 
Goodwill Industries Store
(301) 271-2100
202 E Main St
Thurmont, MD
 

The Do's and Don'ts of Money

Although the news of the economy might be scaring you, you can consciously decide to live a policy of profitability and not survivability. It's just a matter of knowing when to hold on to your money and when to move it around.

Don't cash in your 401K to get you through this tough time.
It's better not to even look at your 401k right now. Stay steady and keep investing. A panic decision to cash out can result in tax and early withdrawal penalties that can come back to haunt you.

Do hang on to customers at all costs.
The price of generating new business can be costly and is not always guaranteed. If a customer is having trouble affording your product or service, try working with them to make it affordable. This will help build customer loyalty and will certainly pay off in the long run.

Don't buy junk you really don't need.
Retail therapy is not a medical treatment. Notice how houses that are at least 30 years old have small closets and even smaller garages? Now we have these colossal closets, attics, three-car garages and we have created a new industry that has exploded over the past couple of decades' self-storage. This is all so we can store all the needless crud we buy. Stop trying to medicate your woes by buying more stuff.

Do ask yourself: Do I need it or just want it?
It's good to separate need from want. You will be surprised how few fit into need and how many are just wants.

Do grace your customers with your presence.

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