Saving like all other decisions in life that can add value to your life isnât a walk in the park for most people. But with adequate planning and consistent effort, you can easily succeed. Whether you want to buy a car, a home appliance or any other big purchase, itâs important that you plan well before diving in.
Can you afford it?
When most people are contemplating about getting a house or a dream car, itâs easy to overlook your financial status. Normally, you visit your banker and after once glance at your gross income, they conclude that you can qualify for a $300,000 loan. Because you are enthusiastic about owning that beautiful home or the flashy car, you quickly give your consent for the loan assuming that you can handle the payments.
What the banker has overlooked are the various financial obligations that you need to handle on a monthly basis. This is what makes most people get into a financial turmoil because your finances get overstretched.
However, most buyers make emotional decisions on obligations they canât comfortably handle. To avoid financial difficulties, itâs better to consider your entire financial status before making any commitments.
Consider saving a down payment
You can circumvent the problems caused by taking a personal loan that is bigger than your financial capability by saving up a sizable down payment. You only need to develop and follow an affordable and smart savings plan to accumulate the down payment and ensure that the subsequent monthly payments will be bearable.
For instance, if you intend to purchase a home and you are currently living in a rental for about $600, you need to find how much monthly payments youâll be making towards your house purchase. For a house requiring less than $1200 in monthly payments, try to put the extra $600 in a savings account.
This should go on for about 12 months and within this time; you should be having a clear picture of whether youâll afford the $1200 monthly payments. In the event where you realize that putting away the extra $600 is too much for you, it’s time you considered a cheaper house if you donât want to wait any longer.
While most people donât save money for a car down payment, you can avoid the higher monthly payments as well as save money on the interest rates. To illustrate, assume you want to purchase a car worth $20,000 and borrow the whole amount, you will have to pay about $434 per month for two years if the interest is 1.99%. Instead, you can start by saving the $430 dollars, which would translate to $5220 after one year. Youâll be only paying about $320 in monthly payments for 48 months.
The advantage here is that you are already used to paying the $430 per month and therefore it would be easy to handle $320.
Research your intended purchase and create a budget to facilitate the savings
Before you even start saving money for a big ticket purchase, you should find out as much information as possible. Being savvy can help you learn about better deals that you can take advantage of. You can compare prices and discounts from different vendors to determine who is best to work with.
With a definite figure in mind, you can plan your savings around the time you have left before the date making the purchase. Determine how much money you need to save each month so that you can accomplish your goal within the available time. Breaking down the amount into smaller chunks makes it easier to handle and keeps you motivated.
Your budget should be modeled on the required cash and you should look for ways to free up some money that can be put towards the savings account. Until you achieve your goal, you should cut back on any unnecessary expenses that can compromise your savings goal.
Automate your savings plan
Whether you have multiple streams of income or you depend on a single paycheck, you can automate your savings towards a big purchase. The beauty of this trick is that it completely eliminates the need for constant willpower to carry on with the savings goal.
Set up your account so that the amounts that you had earlier decided upon are automatically deposited into the savings account. This works well even when you are an impulse buyer and you are not certain that you can keep off some cravings. Before you get your paycheck, the money will already be in your account and you wonât have to worry about self-sabotage.
Create some extra income to achieve the saving goal faster
If you already have more than one channel of income, it would work towards your best interest if you dedicated some extra income to the savings goal. But if you only have one income stream, itâs possible to generate more income by taking a part-time job.
In addition, you can sell items that are lying idle in your home if you no longer need them. If you realize that you havenât used an item in your home for about four months, you can comfortably sell it. If you have any specific skills, you can monetize by offering the services to people. For instance, if you are a college graduate itâs possible to offer tutoring services just as you would take guitar students if you had the skills. If you donât know where to begin, the internet is teeming with lucrative opportunities to earn some extra dollars. However, you also need to be cautious of the online scams to avoid frustrations.
The idea here is to create an extra source of income that can go towards your current financial goal.
When you decide to make a big purchase, it’s important to determine the exact time that you have before the acquiring it. A well-planned goal with specific times frame helps you to act with focus which facilitates its attainment.
Although successfully saving the entire amount needed for a big purchase calls for perseverance, patience, and commitment, it is a rewarding decision. At times, you may feel burdened by the goal but with a little focus and motivation, you can accomplish the goal.
There comes in a time in many lives when bankruptcy seems unavoidable. Oftentimes this happens for reasons that are out of our control. Maybe a breadwinner passed away. Maybe you experienced an injury that took you away from work. Maybe your identity was stolen and it took a whole year to recover, with dire financial consequences. Maybe itâs the result of plain old debt problems of the conventional type.
Whatever the reason for your impending bankruptcy, there are good reasons to avoid it if you can. It doesnât matter how you got in this situation, because the clarion call of bankruptcy can seem like a tempting answer to your problem, no matter who you are. If you are convinced that avoiding bankruptcy is right for you after you read this guide, check out Creditfix – debt help for people who really need it.
Bankruptcy Kills Your Credit – When you are in debt, you probably already have low credit, so the threat of bankruptcy killing your credit might not seem like much of a threat. How can you kill whatâs already dead? The thing is, credit that is poor because of debt is much more recoverable than credit that is the result of bankruptcy. It might seem like theyâre both bad, but believe us when we say bankruptcy is worse. Bankruptcy is a last resort, a throwing in of the towel when a consumer simply canât endure anymore. Itâs a way to get back to life without having to constantly fear because of debt, but itâs definitely shooting your credit history in the foot.
Bankruptcy Stays on Your Record for Seven Years – The main reason why bankruptcy is so devastating for your credit is that it stays on your credit report for seven years. On its own, bankruptcy is kind of like a nuclear bomb for your credit. Like a nuclear bomb, all of the damage doesnât occur at the initial explosion. The fallout takes years to clear. Thatâs what happens with your credit history following bankruptcy.
Bankruptcy May Prevent You From Achieving Important Goals. It becomes very hard to finance important projects and goals after bankruptcy, like going back to school or buying a house. When your credit is shot because of bankruptcy, nobody wants to lend you money because it looks like youâre probably not going to give it back. There are other big problems with bad credit, because people look at your credit when thinking about giving you a job or letting you rent their house. This is a huge problem for some people, and reason enough by itself to avoid bankruptcy.
If you decide not to file for bankruptcy, youâll still have to manage your debt. There are many debt reduction programs for people facing bankruptcy, and these should be taken full advantage of. The good thing is that by working hard to kill your debt, youâre also working hard to build your credit. Once your debt is gone, you will have cut away a major cinder block weighing down your credit and you will have avoided the worst side effects of bankruptcy.
Advancements in technology have compelled various businesses across the world to implement tech savvy strategies and policies that promote their operations and boost customer service delivery to increase Return on Investment. One of such technologies is Customer Relationship Management (CRM) systems. Here are some of the characteristics and features of a good CRM a system that can help your business.â¨
Every techy savvy business has various technologies that enable it to be efficient in marketing and delivering products or services to its target market. Therefore, the CRM system that you choose should give you room for integrating it with these technologies so as to avoid investing a lot of time upfront in collaborating various operations in the business. You can put your system into operation right from the bat by integrating it with other technologies such as Big Data solutions, social media networks, and Point of Sale systems, instead of wasting a lot of time copying data and loading it into your system.â¨
Ease of useâ¨
A CRM system can only benefit your business and improve lead generation if your employees know how to navigate through its various tools. The CRM you invest in should have a spontaneous interface, reliable customer support, and ample documentation features. The whole point of investing in a CRM system is to avoid downtime and increase efficiency. Therefore, it’s prudent to buy a CRM system that isn’t too complex or one that can take a lot of time to learn. Your employees should be able to learn and start using the system without wasting too much time.â¨
Purchasing a CRM system from a reputable vendor is a sign that your business is expanding and upgrading. The award-winning CRM software vendor, Salesforce, (https://www.salesforce.com/crm/comparison/ has unmatchable features with the potential of meeting various company’s needs without investing in extra hardware or software. A credible CRM system should adapt to a wide range of platforms by using different modules and features.â¨
Improve customer satisfactionâ¨
A CRM can only be beneficial to your business if it can impact positively on customer satisfaction and boost customer relationships. It should be more than just an address book by giving your employees accessibility to comprehensiveÂ customer information. The CRM should give you the data necessary to answer customers’ concerns by delivering relevant services. It will not only improve the professionalism bit of your brand but also increase overall revenue.â¨
Easy reporting and overviewsâ¨
Watching your business grow and expand is a key part of planning for the future. A good CRM system should enable you to collect customer and employee activities and utilize the gathered and analyzed data for the benefit of the business. That is why it’s vital that you purchase a CRM system that has reliable reporting andÂ tracking features.â¨
Since most CRM systems offer risk and payment-free plans, you shouldn’t worry so much about the initial price of investing in the CRM solution. Furthermore, you can upgrade your package if you feel it’s good for your business.
Your credit score recently took a hit due to a financial emergency. And now, youâre on a mission to build it back up to qualify for that new home or car youâve been dreaming of. Or you want a peace of mind knowing that your credit score isnât in the trenches. Should you use a personal loan to improve your credit score?
Read on to learn why it may be worthwhile:
How personal loans improve credit scores
Five components are used to compute your FICO score:
Letâs take a closer look at which categories can be affected if you take out a personal loan.
Making timely payments is the most significant component of your credit score. It accounts for 35 percent of the equation. In fact, a single missed payment can tank your score by up to 100 points. But taking out a personal loan and paying on time each month will show creditors that youâve turned a new leaf. Plus, your credit score will benefit from the positive payments.
Quick note: It’s also important to get current stay current on existing desk for this strategy to work.
Length of credit history
What if you’re a credit newbie with a few late payments on a small credit card? Your credit score is suffering because the only payment history you have is negative. And you haven’t been in the credit world long enough to establish an extended track record. But personal loans usually have terms of at least one year while some go up to three or even five. This gives you an ample amount of time to build positive credit history.
The types of credit you have also plays a role in your credit score. Lenders want to know that you have experience managing revolving and installment debt. So, if you only have a few credit cards, a lender may hesitate to lend you money for a car loan or any other type of installment loan. But by taking out a small personal loan and managing it responsibly, youâll improve your credit mix and credibility with prospective lenders.
Do you know whatâs in your credit report?
You know your credit is in shambles because you’ve been denied credit more times than you like to admit. But have you taken the time to look at your credit report?
By analyzing the contents of your credit report, you’ll be able to identify problem areas so you’ll know what to focus on first. Perhaps you’ve made all your payments on time but all your credit cards are maxed out. Or maybe you hit a rough financial patch and couldn’t keep up with your monthly obligations. It’s also possible that you have limited credit history. Or you’ve applied for far too many loans or credit cards in a short span.
Regardless of why your score is low, knowing where to start in your journey to rebuilding will minimize headaches and give you direction. It’s also important to pull your credit report since it may contain errors.
To access your official credit report, visit annualcreditreport.com. You can retrieve a copy from each of the three credit bureaus free of charge on an annual basis. It’ll cost you to see your score or you can sign up for a free trial through one of the credit bureaus websites. But your focus should be on your what’s in your report since it determines your score.
Helpful tips and tricks
Consider a credit builder loan
Credit builder loans typically range from 200 to $500 and are designed for those with less than perfect credit. They are offered by select credit unions and community banks and come in the following forms:
Keep the amount borrowed to a minimum
Biting off more than you can chew will place you into even more of a financial bind. Not only will you struggle to keep up with the payments, but your credit score could sustain even more damage if the account becomes 30 days past due and the delinquent status is reported to the credit bureaus.
Use the loan proceeds wisely
The goal is to build credit, not use the funds to go on a spending spree or lavish vacation. Consider paying down debt that is costing you a fortune in interest. If you don’t have credit cards, you can use the proceeds to reduce student loan or other installment loan balances. In essence, you’ll be using one loan to pay off another, but your score will benefit.
Focus on other ways to improve your credit score
You shouldn’t expect a personal loan to be the answer to your credit troubles. It’s a great rebuilding tool but coupled with other techniques, your score will increase quicker. They include:
Explore your options
Donât settle for the first offer that comes your way. Shop around to see what other loans for bad credit are out there. Expect to pay a higher interest rate because your credit score makes you a bit riskier. But a lower interest rate could save you hundreds, if not thousands of dollars.
Most importantly, read the fine print to learn more about the terms and conditions of the loan. Pay special attention to the payment period, interest and fees. That way, you’ll avoid any surprises later on down the line.
The holidays are here and family get-togethers are too. Why would you ignore cleaning your home, fixing that leaky faucet, or trimming those bushes?! We all know how judgemental those traveling in-laws are, so letâs deal with some of these problems before they badger you to take care of it! Great Pros allows you to connect with background checked, licensed, and bonded home service providers for a fraction of the cost youâll find with someone on Google!
Not only are the price quotes and consultations completely FREE, but verified professionals are running holiday deals in all major categories for up to 50% off! Because Great Pros is headquartered in Phoenix, Arizona, anyone in the scorching valley of the sun can expect to see the most benefit and best deals.
Hereâs how it works: Answer a few questions specific to what you need, and a maximum of 5 professionals will respond who are ready to help! Stop sorting through review sites and struggling to find quality workers. Great Pros has taken your service provider search to the next step with the most talented, highest quality contractors for incredible prices. Let them make your job easier and ultimately save time and money on any of your home needs.
Keep in mind, deals and pricing can change at any time! Access Great Pros today for the hottest and most up to date deals! If youâre a homeowner, this is the time of year to be taking advantage of a service like this. What are you waiting for?! Use Great Pros now!
If youâre keeping things tight then the last thing that you are likely to be thinking about is gambling in any form. At the same time, casino games can be one of the cheapest ways to keep yourself entertained, costing no more than the power it takes to turn on your computer â or even your phone or tablet. If only there was a way to put them both together and play the most exciting casino games without spending anything at allâ¦
Well, actually there is. Many people will think of casinos, online or otherwise, as places that prioritise making as much money as possible while giving as little as possible away, but the truth is that you wonât even need to visit a casino if you are looking to play slots, blackjack, roulette and just about anything else imaginable online. You can have all of the thrills that those games clearly have to offer by checking out websites that carry the exact same games as the casinos.
One such site is Games King, which has been designed with just about anyone that enjoys the high octane action of casino games in mind, but doesnât actually want to risk anything to get involved. Indeed, many of the things that players associate with playing at online casinos, such as registering accounts, depositing cash and messing around with bonuses simply do not apply there. Instead, as the name would suggest, the site is all about the games and it features the exact kind of action that you would expect to find at any of the leading online casino brands â if not more.
There is no software to download and each of the games on the site is presented within its very own review, so you can take a look at what the game is all about before you start playing too. In our experience, any game becomes more fun when you actually have a decent idea of what you are supposed to be doing and that most definitely continues to be the case when it comes to casino classics.
If you havenât checked out the kind of action that casinos have to offer recently then there is no time like the present too. If it has been a number of years, and the idea of slots still conjures a mental image of three reels packed with cherries and oranges, spinning mechanically to spew out a few coins into the tray, then you are definitely in for a treat. The latest slot games boast more of a resemblance to proper video games than their aged, mechanical counterparts and boast graphics, animations and bonus rounds that are all worthy of falling under the banner of entertainment.
Sure, if you do decide to check out all of your casino favourites for free, you will of course be giving up the opportunity to win anything. We canât help thinking that anyone that offered such a service would be pinching their own pennies before long! However, the reason that casino games have been around for so long and remain so popular is that they are not just a way to win cash, but also because they are simply downright fun to play. You can get involved without even needing to go near an online casino and with thousands of games out there ready and waiting to be played, there is simply no chance at all that you will not be able to find the perfect game to keep you occupied and it wonât cost you a penny.
Hurry over to Amazon where you grab the Simple Cleansing Facial Wipes, Kind to Skin 25-count twin pack for just $5.83 when you clip the $1.00 off coupon, checkout using Subscribe & Save, and purchase as an add-on item! That is just $2.91 each.Â Keep in mind, Amazon pricing can change at any time! Don’t wait to purchase this deal or it might be gone when you come back!
NOTE: With Amazon Subscribe & Save, you save an additional 5% off the price and get free standard shipping. You are free to cancel at any time. After placing your order, wait until your order ships. Then, you can go into your Amazon Account page and click the âManage Subscribe and Saveâ link and cancel it. That way you wonât have continual shipments of your order in the future.Â PLUS, remember, if you have 5 or more Subscribe & Save items that arrive in the same month, you will save an additional 15% (instead of 5%).
NOTE: This is an add-on item. You can score this amazing price by adding an additional $25 worth of eligible items to your cart. However, since this ships with any Subscribe & Save delivery, you should be able to add it to a current shipment without the additional $25.
Amazon has Gillette Body menâs shave gel priced at $3.79 with Subscribe & Save. Clip the $2 coupon and pick some up for only $1.79 with free shipping! If you donât want to continue receiving these on a regular basis, you can always cancel your Subscribe & Save order after you receive the first one.
Need to do some last minute shopping for those backyard BBQs? Head over andÂ load a nice 50% off Nathan’s Famous hot dogs Cartwheel offer to your account for a great deal on some yummy hot dogs!
Buy (1) Nathan’s Famous beef hot dogs @ $4.89
– Use 50% OFF Nathan’s Famous hot dogs Target Cartwheel offer
Final Price: $2.44!Â
I’ve noticed that many times when we post crazy hot deals, those deals often sell out very quickly, or are unavailable by the time some people check the website, so I decided that a text message alert program was needed for all of the SUPER HOT deals. This will be very important to join, especially during black friday and the holiday season, since deals go very quickly. So… I’d like to introduce the Pinching Your Pennies text alerts program!
It’s easy to join:
– Text the word “PENNIES” to phone number 41411 to join.
– You will receive a message asking you to confirm joining.
– Reply back to the message with the letter “Y” and you will be confirmed.
PLEASE NOTE: Pinching Your Pennies will NEVER spam you or sell your information to anybody. We will only be texting super hot deals that should be bought immediately.
I hope you guys enjoy the new text alerts program! Please comment below if you have any questions or let me know what you think of the new program. 🙂
Todayâs kids want high-tech toys and gadgets to play with. Long gone are the days of wooden horse swings â itâs all about iPads and smart robots now. So, if you are looking for the best tech gifts and gadgets for kids in 2017, here are three products to keep in mind.
Veho Digital Microscope
Tech gadgets for kids can be quite educational and the Veho Digital Microscope certainly is just that. The digital microscope will encourage your child to be inquisitive and it will make exploring the back garden so much more fun.
The microscope is very effective; you can see plenty of detail you wouldnât be able to notice with the naked eye. Its magnification is 20-400 times with the VMS-004 model and the microscope has a LED light to light up whatever you place under it.
The microscope works with a USB connection and you donât need to install any lengthy software to use it. Just plug it in. The good thing is you can use it with both PC and Mac computers.
Veho Digital Microscope costs around US$100, but you can find coupon codes for it with retailers like ProBikeKit to cut down the cost.
LeapFrog LeapBand Activity Tracker
Adults have been hooked with activity trackers for a long time now and itâs time to introduce the kids to these wonderful things. The LeapBand is a great way to ensure your child gets to play with technology without just ending up sitting passively at home staring a screen.
The idea of this activity tracker is to let your child take care of a virtual pet (a few different options available). There are around 10 pre-loaded games that help look after the pet, all of which require the child to be active. It also teaches your child about healthy eating habits.
The tracker doesnât just count the steps but focuses more on providing the child with physical challenges such as running or jumping. It starts with those 10 games, but as the child progresses, you unlock more fun stuff.
The design is not too childish and the watch is super easy to use. One of the big benefits is the price; you can currently find it at GraysOnline for just US$44.
VTech Kidizoom ActionCam
GoPro is a great action camera but it can be a bit pricey, especially if you want to let your kids use it. But VTech Kidizoom ActionCam costs just around US$40 (find it at Fishpond) and itâll be a fun product for kids to have.
The camera comes with mounting options for bike and helmet, as well as a waterproof case for taking it for a spin around the pool. Its photo resolution is just 0.3 megapixels so it definitely isnât anything fancy. However, the video quality is fine for capturing kidsâ adventures.
So, if you are looking for a tech gift and gadget for kids, keep the three in mind. Donât forget to check out Frugaa when shopping for gadgets â it has a number of coupon codes available with the best tech retailers which will provide you extra savings.
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Over the last few years U.S. household debt has increase, in the last decade this is by 11%. Many families are getting by, by spending on credit cards and personal loans. A lot of the debt for many families in the U.S. is on mortgages at $172,806, with general household debt totalling up to $132,529, with the total pool of debt at $1.1 trillion.
For those perusing college education, you could come out with an average student loan debt of $49,042, so itâs no surprise to see that many American families, are sacrificing meals out, new gadgets and new clothes to pay for their childrenâs education as well as spiralling healthcare costs. The study by Coupon Dash found that majority of families, 52%, have cut out going out for meals, whilst 49% of families do not spend money on the latest gadgets. With many families giving up a lot of things to keep afloat.
One way to keep on top of debt, is to follow our quit, cut and keep plan.
Signs You may Have a Vitamin Deficiency
Our immune system is always weaker at the beginning and at the end of winter. Spring can also be tricky for those who suffer from various allergies. You have to periodically get checked by a doctor and see if you have any vitamin deficiency.
There are different signs that can also indicate you have a vitamin deficiency. You can take some supplements or eat different fruits and vegetables to boost your immune system and greet spring with joy, being in perfect health.
Youâre not on the Right Diet
Itâs perfectly fine to be on a certain diet, but you have to make sure youâre getting all the vitamins your body needs. This is why it is strongly recommended to go see a doctor and a nutritionist to get the best diet for your body.
The Corners of Your Mouth
Are the corners of your mouth dry or cracked? It means that you are lacking vitamin B. Itâs time to eat eggs, different types of fish, nuts and tomatoes. It is also recommended to eat fruits that are rich in vitamin C because they help you assimilate vitamin B easier. Broccoli and cauliflower also help and if you need something crunchier, go for red bell peppers.
Do You Deal with Hair Loss?
Hair loss has multiple causes from stress to vitamin B7 deficiency (also known as biotin). Just to be on the safe side, you need to eat more cooked eggs and include more vegetables and nuts in your diet. Fruits like bananas and strawberries can also do the trick. Eating fish at least twice a week is also strongly advised.
Frequent Muscle Cramps
This is a very common feeling for many people. Itâs a clear indicator that youâre lacking calcium, magnesium and potassium. How can you fix the problem? You need to eat plenty of fruits from cherries, apples, bananas to grapefruits. You can also eat different vegetables such as broccoli, spinach, kale etc.
Rashes on Your Skin
If you noticed some rashes on your skin, itâs time to see a doctor. You need a lot of vitamins to strengthen your immune system. You need vitamin D, E, K, A, B7 and plenty of zinc. The lack of these vitamins is marked by those rashes on your skin. Better go see a dermatologist, too, just to be sure you arenât dealing with an allergy. Dried fruits are the best remedy for such a situation. Dairy products, mushrooms and whole grains are also recommended.
Other Signs Associated with Vitamin Deficiency
If youâre feeling tired but canât sleep, if your gums are way too sensitive or they sometimes bleed, you definitely need to eat more fruits and vegetables because you are having a vitamin A deficiency. If youâre losing weight and feeling depressed, you are lacking vitamin B1. Sometimes, many vitamins have similar symptoms, this is why it is highly recommended to get checked at the doctor and see exactly what kind of vitamin you are lacking so you can start the right diet as soon as possible.
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