Archive for December, 2009
If your teenager fails to pay the monthly minimum bill required, you as parents as well as other parents have to take tough decisions that are paid or installment billing your teenager.
What is causing growing trend of credit card teen market? There are some things that credit card companies know about the market of young kids (teenagers) and should you as parents know it.
1. Loyalty. Credit card market for the higher adult competition. And most of them remain loyal to the credit card he had from the beginning, though with various offers additional benefits. By targeting the youth market, companies get a younger customer and hope remain a customer until they start working. Read the rest of this entry »
Monthly income must be arranged in such a way so that you can live comfortably, without much burden. As well as ensure that your future spouse, and children will be protected. Then, how should the percentage of your monthly salary divided?
First, the amount of savings fund that is owned today. Second, the magnitude of the remaining installments. Third, financial goals to be achieved within the next 5-25 years.
From there, you can divide the savings for some purposes, namely;
First, you must have an emergency fund, at least 3-6 times per month family expenditures in the form of savings or deposits. If not there, try my best to have it by saving as a percentage to 30-50 percent of this fund is formed.
Second, if you have a mortgage and car, try not to exceed the amount of 30 per cent of the revenue that could still try to set aside about 10 percent for savings.
Third, if you’re saving for school fees or retirement funds, make an estimate of how much money will you need later and routinely menabunglah according to estimates.
Because of high percentage of savings will depend on the size of your goals and time period to do so. Insurance premiums that can be classified as a savings account is just for insurance products with cash value or investment value, such as education and retirement insurance.
A bank is healthy, especially seen from the financial statements issued publications. Generally [most of], the bank had “Tbk.” or “open” or “go public”. Banks like this have the obligation to publish periodic financial reports.
For banks that do not go public, the financial statements can be requested at the respective bank. Unfortunately, banks often apply the assumptions on which the financial reports of its real conditions often become obscured by the financial statements. Read the reviews on various publications banks can also provide information about the condition of a bank.
But the obvious fact we can even get a picture of the condition of a bank. Example of the interest rate offered. Savings interest rates are high the bank described the great need of funds to meet its financial ratios. Read the rest of this entry »
Today’s world of global crisis, the meaning is the condition of the crisis [the value of the currency declines, the unemployment rate jumped] that hit most countries in the world economy. Clearly this is a bad economic condition in which the economy experienced a lot of obstacles that the various elements of economic movers could not move properly.
Finally, this situation produces economic impacts that are not good. For example: inflation prices high demand, the production sector, [agriculture, industry, services, and others] experienced declining demand constraints both in and outside the country.
Simply described the economic crisis with a high price levels, income levels tend to stagnate and even decline, the threat of rising unemployment because many businesses into bankruptcy, and so on. So that the global crisis can be interpreted as a bad economic condition states that occur widely nearly the entire economy in the world. Read the rest of this entry »
Various methods will be offered by the bank to make you drool apply for credit cards. With the lure of 0% interest, no annual fees, cash back, travel tickets, merchandise, or a low interest rate, they continue to memborbardir you with a variety of bids.
Yet despite these bonuses seem beneficial, do not forget to consider whether it is appropriate for your needs. Understand how you spend money will restrict the choice of different types of credit cards. Here is a guide to select the type of card suits your personality.
The Diva
Characteristics: hard worker, but also happy to have some fun. You want all the best. After a full day of hard work, you need to pamper yourself, either by buying new shoes or the latest gadgets available in the store. Most of the things you are “victims” impulse buying (a sudden desire to shop). Not infrequently, it makes you hard when yag goods purchased outside the plan exceed your income.
Suggestions: Clarky Davis, a counselor at the CareOne Credit Counseling suggest you look for types of credit cards with low interest rates and no annual fee. This way, you will not be burdened with the remaining costs that accumulate in the end after you buy an item without a plan. You do not need incentives, or the gifts after the purchase with a certain value. Avoid this type of card that actually trigger your purchase. Read the rest of this entry »
Have you ever dream of such an expensive item, so you lied to your husband about the price so as not to get sprayed? Or, was the end of the month, because your account balance is depleted, desperate swipe your credit card to buy shoes. Then, you save the old shoe box in the office until next month, so the husband does not know that you are still shopping at the “old date”? If yes, you have to do what is termed a “financial Infidelity”
In financial Infidelity, you do an affair, infidelity, or lies, instead of the other men but of finances. Maybe you did not lie, just hiding something that you do not deserve known partner. You know, if you know this pair will be angry with you. But according to Bonnie Eaker Weil, PhD, a psychotherapist from New York and author of Financial Infidelity, asking for something is better than cheating. Read the rest of this entry »
End of year is identical to the celebration. Whether it’s Christmas celebration, which means to prepare the presents for the family, or celebration of new year with all the preparations. However, it also pockets can not take a compromise for shopping arbitrarily. It would be better if you’re wise to spend money better so that the year 2010 will not start with mounting debt. Tipsnya following:
1. Morning Person
Will be easier for you to shop when the shop is still in a state of well-organized, and it usually occurs in the morning, around 10:00, when the new store opened to the public. At the time the new store opening, you still can find items in the box containing the goods are discounted, plus, do not have any doubts about push. Come the morning also helps you can think more clearly to decide, whether the goods are eligible to buy or not, because the condition of the body is still fresh and not tired. Read the rest of this entry »
This quiz will test ourselves, or at least help you surprise even himself when he realized how much responsibility you may have on family finances. Well, answer each question below with “Yes” or “No”. Total the results and the grades refer to the meaning of this value.
1. I really have no idea or value of income and expenses.
2. I do not have the financial discipline for me.
3. I almost expenses or even exceed the credit card I had.
4. I often use the money earnings this month to cover financial problems last month.
5. I can not imagine life without credit.
6. I have never dealt with money because my partner who always take care of it.
7. I was a little worried about my financial problems.
8. I hate with a letter or bill that came. Read the rest of this entry »
Are you always extravagant in your spending? If yes, then the following tips may help you to overcome your spendthrift nature:
1. Create limits on yourself.
Why did you not try to limit your own spending and try to comply with these limits? You can try to make the Family Expenditure Budget and tried to comply with the budget. Remember that one point in making a budget is to limit yourself in spending money. For example, if you routinely buy new clothes every month, say $ 20 per month for the purchase of new clothes every month. Regarding the level of the budget numbers will come back to you, because the needs of every person is different. You just called wasteful if you’re spending more than they should, or exceed the limit you set yourself.
2. Do not easily interested in seeing a product just because it’s good stuff.
Do not worry, not only you who like hungry eyes. Sometimes, myself, too often hungry eyes, and is humane. The difference is, there are people who can control the hungry eyes, and some do not. There are lots of good stuff in the store, but please know, if you can not control your eyes are hungry, you will continue to buy, but your money may be limited. No one can handle your hungry eyes, but your own. It’s useless if you have a budget you’re still too often hungry eyes. So, control your hungry eyes. Read the rest of this entry »
Although less convenient, problems arise because the money still had to talk about the couple.
You mean to live frugally, but consider your partner’s elite. Or, your spouse wasteful, but erratic income?! Is this situation can be discussed? Sure have, but there are a great way problem discuss this without a fight.
The cause of divorce. FINANCIAL planners Allvine Maire, who is also the author of The Family CFO: The Couple Business Plan for Love and Money revealed that most married couples do not know exactly how to talk FINANCIAL. Allvine observed, people react very emotional when talking about money, “Most couples choose not to talk about money rather than end up a fight or even a divorce”. Read the rest of this entry »