This blog will cover topics of my interest like Finance, Insurance Money, money saving deals and any special sale.
Search This Blog
Sunday, June 13, 2010
Sears Receive $50 Come Back Cash Coupon Towards Future $50 Purchase of Men's Apparel When You Buy $50 of Men's Apparel*
It is a great deal at sears for Fathers day. Buy $50 of mens apparel and get $50 in sears come back cash. More details
Saturday, June 12, 2010
Living Debt Free.
Living debt free is a dream. But it is possible.
We are so used to buying things with credit card, that we need it or not, we puchase it because that looks attractive at that time.
Few tips to living debt free ( Where there is a will there is a way)
Any other options? Please share.
We are so used to buying things with credit card, that we need it or not, we puchase it because that looks attractive at that time.
Few tips to living debt free ( Where there is a will there is a way)
- Make yourself strong and do not get trapped in this credit card offers, 0% interest for 6 months or 12 months is very common. There are still a few catch in these offers. If you look at the details of the credit card , yes I am talking about the fine print of the offer, there are some clauses like if you do not make the minimum payment you will be charged at 25% rate. With interest rate so low even if 1 out of 10 defaults every month credit card company has made their money back. Anyway live within your means. You may want to get rid of credit cards one a time and set up a target dead line to get rid of all credit card by some date and follow your dead line.
- If you start spending cash and make payments at store in cash, this will have two effects counting money and handing that money to cashier will make you think that you are spending x amount of money, while if you pay with your credit card you do not care or do not think twice even if the amount is beyond your capacity to pay in the future and you get trapped in that cycle of "Dream - Living Debt free"
- If you have a student loan or some other loan that you have taken, you may want to sit down and calculate how are you going to pay for it. No one else is going to help you but yourself and remember that you have to pay that money back sooner or later becomes your choice. Sooner you pay smaller the amount is and later you pay you will pay more in interest.
- If you are smart and have a good control over yourself, you can try this. Take a credit card offer that is 0% on balance transfer for x amount of months, take that offer but make sure that you make a plan to pay that amount in time to the credit card company and also you have to make sure that you repay the full amount before end of that offer. If you can remember that somehow to do this in time. With such a busy life, specially in the mid age with kids you may forget about it and end up paying more. So be careful.
- Bottom line, is to try to limit you debt slowly and finally eliminate it totally.
- Who needs a credit, if you plan on living within your means. It is difficult to understand this concept as we grow up in a different environment where every one says to build a good credit history, which is ultimately a trap with busy life.
Any other options? Please share.
Wednesday, June 9, 2010
How to earn money in stock market
This is my own opinion, follow at your own risk.
There are several ways to earn money in stock market in my opinion:
The above strategy can also be done in day trading.
What is your way to invest? Any bright ideas? Dare to share?
There are several ways to earn money in stock market in my opinion:
- If you have a good knowledge about a company and its management that is the best way to put in your bets accordingly.
- Other way of being a winner gambler in stock market, is to take a particular stock only. The following example will make it easy to understand the strategy.
The above strategy can also be done in day trading.
What is your way to invest? Any bright ideas? Dare to share?
Tuesday, June 8, 2010
US Dollar is strong
US Dollar is getting stronger as compared to other foreign currencies. I believe that this trend will keep on going for a while till Europe's position is cleared. Once that happens then US Dollar will depreciate a bit, but still keep strong as world has a belief in USD. This is good and bad. Good in the sense that people have more confidence in USD and more and more investment will be done in USD. Bad in the sense lesser US exports keeping a misbalance in Import and export. More imports and less exports is not good for economy.
What is your take on this issue?
What is your take on this issue?
Monday, June 7, 2010
Friendship
I got this in email and really liked it. Want to share with everyone:
Dear Friend .......
"It is one of the blessings of old friends that you can afford to be stupid with them"
Friday, June 4, 2010
Thursday, June 3, 2010
Legal insurance plan thru employer?
Many employer provide legal insurance plan and that is worth taking with a small monthly or biweekly fee they cover a lot. You may want to check to the dates legal plan is covered. The catch most of the time is that this legal plan is set to auto renewal every year. So in case you do not want to carry on with that legal plan that will keep on renewing every year.
My view is to enroll into legal insurance plan at least once and utilize it to full at the earliest and then cancel it before next open enrollment if you do not want to continue. Normally legal plan covers Will and if you do not have one then just preparing WILL will pay for your legal insurance plan itself. Other features are a bonus if you use them.
You get to try what you use in a year. If you do not like legal insurance plan thru your employer, make sure to cancel that during next open enrollment.
Have you tried legal insurance plan and what is your opinion on this?
My view is to enroll into legal insurance plan at least once and utilize it to full at the earliest and then cancel it before next open enrollment if you do not want to continue. Normally legal plan covers Will and if you do not have one then just preparing WILL will pay for your legal insurance plan itself. Other features are a bonus if you use them.
You get to try what you use in a year. If you do not like legal insurance plan thru your employer, make sure to cancel that during next open enrollment.
Have you tried legal insurance plan and what is your opinion on this?
Wednesday, June 2, 2010
Time to Buy Oil stocks
With BP's problem in Gulf coast not getting resolved, I would think that it is time to buy oil stock or ETF. Reason is problems never linger for ever. BP will overcome Gulf problem if not today then tomorrow. Once that happens BP's stock will shoot up. Also with the loss of oil that BP had in Gulf coast there are chances that new oil drilling will not be starting any soon.
So unless any special alternate energy resource comes in our dependency on oil will remain and with less drilling OIL will go up.
What are your views on buying oil stocks or ETF?
So unless any special alternate energy resource comes in our dependency on oil will remain and with less drilling OIL will go up.
What are your views on buying oil stocks or ETF?
Subscribe to:
Posts (Atom)