How to Fight Credit Card Interest Rate Hikes
Editor's Note: This is a guest post from Mirsad of Think Credit Cards a consumer resource that helps you find a card for your needs and also provides you with tips and strategies on how to reach credit card debt relief.
Did
you know that the law in effect today only requires your credit card
company to give you 15 days notice that they are going to raise the
interest rate on your credit card? In addition, credit card companies
are using tactics to send these notices that seem a little under-handed.
When sending you the latest news that your interest rate is going to be increasing, they often send these notices with other information such as ‘you are pre-approved' for this offer or that offer. The notices that sent are often just a tiny piece of paper with print that is so small you cannot read it without a magnifying glass.
Another way of raising your interest rates that you may not think anything of is by only raising it by a small percentage. When you see the amount you do not think that is much; however you should read the small print on everything that is sent to you from your credit card company. That small amount they are raising is going to be that much each month. Before you know it, you will have a very high percentage rate.
Did
you know that the law in effect today only requires your credit card
company to give you 15 days notice that they are going to raise the
interest rate on your credit card? In addition, credit card companies
are using tactics to send these notices that seem a little under-handed.When sending you the latest news that your interest rate is going to be increasing, they often send these notices with other information such as ‘you are pre-approved' for this offer or that offer. The notices that sent are often just a tiny piece of paper with print that is so small you cannot read it without a magnifying glass.
Another way of raising your interest rates that you may not think anything of is by only raising it by a small percentage. When you see the amount you do not think that is much; however you should read the small print on everything that is sent to you from your credit card company. That small amount they are raising is going to be that much each month. Before you know it, you will have a very high percentage rate.
How to Bring Our Students Aware of Personal Finance Knowledge
Article By Sherin Dev; Follow me in Twitter or Facebook
Life
as a student is the best in life with lots of enjoyments and
activities. Being a student with financial freedom adds more spice, by
having money handy. This would help oneself to live in dignity and
esteem. There’s always a question in mind of a student as to what should
he/she do to have financial freedom? Who will help them to bring this
status? What should they do for students to make them financially sound?
This short article gives you answers to all these questions.
Why Students are Laggards in the Area of Personal Finance?
Students are considered to be the best brains available in the world. Even ordinary village schools in remote locations have the best brains that may later contribute to the development of nation. Just turn back to the history, we can find ample examples of such characters. However, it is sad to know that students are far behind when it comes to manage money whether or not they are from developed or developing nations.
What are the Problems and Best Solutions?
We would now look into some of the important factors which drag out our students from being financially self sufficient at their early age.
Each kid should start learn money saving practices from their parents. Unfortunately it is not happening in our families. Most parents are reluctant to give money to their school children by thinking they will lose the money. It is of course a wrong approach. School times are the best for kids to learn and start with money practices. Parents should mentor them how to save and deal with money. For an example, present them with a piggy bank and give coins regularly to deposit in it. Later, open a bank account in their name and deposit all the money from their piggy bank to this bank account, time to time when the piggy bank comes full. Offer them coins when they do something good like helping parents in house works, doing home works properly, winning on sports or games etc... This would not only give them money saving practices, but get proud on they are earning money by doing work. What else required giving them knowledge on the taste of money getting when doing work? Let them thus grow as responsible citizens.
Life
as a student is the best in life with lots of enjoyments and
activities. Being a student with financial freedom adds more spice, by
having money handy. This would help oneself to live in dignity and
esteem. There’s always a question in mind of a student as to what should
he/she do to have financial freedom? Who will help them to bring this
status? What should they do for students to make them financially sound?
This short article gives you answers to all these questions.Why Students are Laggards in the Area of Personal Finance?
Students are considered to be the best brains available in the world. Even ordinary village schools in remote locations have the best brains that may later contribute to the development of nation. Just turn back to the history, we can find ample examples of such characters. However, it is sad to know that students are far behind when it comes to manage money whether or not they are from developed or developing nations.
What are the Problems and Best Solutions?
We would now look into some of the important factors which drag out our students from being financially self sufficient at their early age.
Each kid should start learn money saving practices from their parents. Unfortunately it is not happening in our families. Most parents are reluctant to give money to their school children by thinking they will lose the money. It is of course a wrong approach. School times are the best for kids to learn and start with money practices. Parents should mentor them how to save and deal with money. For an example, present them with a piggy bank and give coins regularly to deposit in it. Later, open a bank account in their name and deposit all the money from their piggy bank to this bank account, time to time when the piggy bank comes full. Offer them coins when they do something good like helping parents in house works, doing home works properly, winning on sports or games etc... This would not only give them money saving practices, but get proud on they are earning money by doing work. What else required giving them knowledge on the taste of money getting when doing work? Let them thus grow as responsible citizens.
Create an Investment Portfolio in a Musicians Way
Article written by Sherin Dev; Follow me in Twitter or Facebook
Listen
to your favorite music. Identify what all the instruments played along
with how and where it used. Who is the singer and how his or her sound
par with the background music. You will certainly feel all the
instruments and other sounds have used in an excellent way to construct
the song to provide full charm to the listeners. Such combination can be
done by experienced, talented music directors!
Expertise and success of any musician is in not only making of any music, but deliver it to the listeners by mixing the sound and rhythm properly. If not, it would be a super flop and there will not be any listener for his album. This is a failure of music director. Combination of instrument sounds in the right place with right amount to get proper rhythm is the major success pillar of any music and music director. We can imagine how much efforts required making such successful combinations. Such classical combinations later give the musician fame and money.
Investment portfolio construction should happen in similar way. Approaching right personnel, adding right combinations of investment instruments, considering right time and how much to each, would determine whether the portfolio able to meet the goal or not. Like a music director, lots of efforts and support from external sources are required to construct such winning portfolio. While playing the music, each instrument has a controller or artist behind it to play properly and successfully. Whenever constructing an investment portfolio, expert knowledge and advice are the vital part to the selection and addition of investment instruments in a well balanced way, to the portfolio.
Listen
to your favorite music. Identify what all the instruments played along
with how and where it used. Who is the singer and how his or her sound
par with the background music. You will certainly feel all the
instruments and other sounds have used in an excellent way to construct
the song to provide full charm to the listeners. Such combination can be
done by experienced, talented music directors!Expertise and success of any musician is in not only making of any music, but deliver it to the listeners by mixing the sound and rhythm properly. If not, it would be a super flop and there will not be any listener for his album. This is a failure of music director. Combination of instrument sounds in the right place with right amount to get proper rhythm is the major success pillar of any music and music director. We can imagine how much efforts required making such successful combinations. Such classical combinations later give the musician fame and money.
Investment portfolio construction should happen in similar way. Approaching right personnel, adding right combinations of investment instruments, considering right time and how much to each, would determine whether the portfolio able to meet the goal or not. Like a music director, lots of efforts and support from external sources are required to construct such winning portfolio. While playing the music, each instrument has a controller or artist behind it to play properly and successfully. Whenever constructing an investment portfolio, expert knowledge and advice are the vital part to the selection and addition of investment instruments in a well balanced way, to the portfolio.
Where Should Investor Find Company Information and News
Article written by Sherin Dev; Follow me in Twitter or Facebook
A comment under the article "BICII - Nestle",
Brijesh, one of our readers asked about the database I am using to get
information about a company to take investment decisions. I have replied
to the comment with the information he have asked, but thought It would
be good for our readers to understand some of the vital information
sources about any company.
As I have mentioned in various articles, creation of a list of possible investment candidates must be the first step of any investor. But, how many companies an investor goes to monitor when there are thousands of companies listed in the stock market? Monitoring all those companies is a great task and it is virtually impossible by any individual. Making a list of some very good companies would help an investor to make straight and correct investment decisions. Some of the vital elements to consider a company would be product or service status in the market, management quality, financial quality and investors’ rewards. Once identified and added, the next step would be a long wait to get the stocks in a right price to purchase. During this period, good investors should not miss any kind of information comes out from the company. Not only had that, but vital information always helped investors to understand when the investment is possible.
When looking for information, investors should rely only trusted sources. What are those trusted sources, here is a clear list of sources you can take a look to retrieve information about any company that have added to your investment candidates list.
A comment under the article "BICII - Nestle",
Brijesh, one of our readers asked about the database I am using to get
information about a company to take investment decisions. I have replied
to the comment with the information he have asked, but thought It would
be good for our readers to understand some of the vital information
sources about any company.As I have mentioned in various articles, creation of a list of possible investment candidates must be the first step of any investor. But, how many companies an investor goes to monitor when there are thousands of companies listed in the stock market? Monitoring all those companies is a great task and it is virtually impossible by any individual. Making a list of some very good companies would help an investor to make straight and correct investment decisions. Some of the vital elements to consider a company would be product or service status in the market, management quality, financial quality and investors’ rewards. Once identified and added, the next step would be a long wait to get the stocks in a right price to purchase. During this period, good investors should not miss any kind of information comes out from the company. Not only had that, but vital information always helped investors to understand when the investment is possible.
When looking for information, investors should rely only trusted sources. What are those trusted sources, here is a clear list of sources you can take a look to retrieve information about any company that have added to your investment candidates list.
Financing Your Business
Editor's Note: This is a guest article from Felicia Christina
Numerous
different types of loans are offered by various banks. These loans are
made with certain regulations and laws by which the bank is governed.
Among the different kinds of loans present we can select one that matches our needs and one that we are eligible to apply for. Also another vital factor that needs to be considered is the interest rate offered by the bank. These can either be fixed rate or could be adjusted according to several factors.
If you go select the variable interest rate option, this will change constantly with the market’s current rate.Interest rates of bank loans may be influenced by various factors. Inflation is one such factor. If inflation rise is small, interest rates will hike by a small margin. On the other hand, if the rise is very high, interest rates will be raised significantly.
A banking loan may even be secured over the internet. The process is whole lot easier and faster compared to get it done through an official at the bank. Also this enables the individual to compare the interest rates offered by different banks. However one must be careful in safeguarding oneself from becoming prey to Internet fraud.
People could also make use of certain schemes offered by banks at particular time periods.
A bank loan may be applied for various different reasons such as buying a home, vehicle, educational purposes, starting businesses etc.
Let’s have a look at the general categories of loans:
Numerous
different types of loans are offered by various banks. These loans are
made with certain regulations and laws by which the bank is governed.Among the different kinds of loans present we can select one that matches our needs and one that we are eligible to apply for. Also another vital factor that needs to be considered is the interest rate offered by the bank. These can either be fixed rate or could be adjusted according to several factors.
If you go select the variable interest rate option, this will change constantly with the market’s current rate.Interest rates of bank loans may be influenced by various factors. Inflation is one such factor. If inflation rise is small, interest rates will hike by a small margin. On the other hand, if the rise is very high, interest rates will be raised significantly.
A banking loan may even be secured over the internet. The process is whole lot easier and faster compared to get it done through an official at the bank. Also this enables the individual to compare the interest rates offered by different banks. However one must be careful in safeguarding oneself from becoming prey to Internet fraud.
People could also make use of certain schemes offered by banks at particular time periods.
A bank loan may be applied for various different reasons such as buying a home, vehicle, educational purposes, starting businesses etc.
Let’s have a look at the general categories of loans:
A Personal View on Pre and Post Retirement Life
Article written by Sherin Dev; Follow me in Twitter or Facebook
A
word before starting this article may good to avoid possible confusions
later. Whatever I mentioned in this article is my personal view only
and in no way connected to anywhere, anybody or consider as an advice. I
am just making a note on my personal view about how my retirement life
should be and what would be its possible features.
One of the myths about retirement life is, it is the toughest time in one’s life. No job, no activities, always required to depend somebody. All these thoughts are utterly wrong. My personal retirement life never goes to face any such issues. Generally people think life after retirement is bored. But, I think that would be one of the best times I am going to get in my life. Like when I was a school child in my childhood.
From the birth of one, he is either depends to someone or someone always would be there to depend on him. An example, in our childhood time, we all depend our parents. In the middle age, we have family to depend on us. Wife, kids, parents all become our dependents at this time. We are thus not free in our life. But, when retirement approaching to a person, he is of course going to be a free bird by getting relief from all such dependencies!
A
word before starting this article may good to avoid possible confusions
later. Whatever I mentioned in this article is my personal view only
and in no way connected to anywhere, anybody or consider as an advice. I
am just making a note on my personal view about how my retirement life
should be and what would be its possible features.One of the myths about retirement life is, it is the toughest time in one’s life. No job, no activities, always required to depend somebody. All these thoughts are utterly wrong. My personal retirement life never goes to face any such issues. Generally people think life after retirement is bored. But, I think that would be one of the best times I am going to get in my life. Like when I was a school child in my childhood.
From the birth of one, he is either depends to someone or someone always would be there to depend on him. An example, in our childhood time, we all depend our parents. In the middle age, we have family to depend on us. Wife, kids, parents all become our dependents at this time. We are thus not free in our life. But, when retirement approaching to a person, he is of course going to be a free bird by getting relief from all such dependencies!
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