Saturday, January 31, 2009

Buying Family Income Benefit For Family Protection

For those who value the financial protection that life insurance provides but find that they cannot afford the expense, a Family Income Benefit policy can be an excellent alternative.

This lesser known type of financial protection plan is typically cheaper than the average life cover policy, and it can be an excellent way of providing for your family in the event of your death.

How Does Family Income Benefit Work?

Like a traditional life insurance policy, family income benefit provides money for your family; however, these two types of financial protection are quite different. A life insurance policy provides a lump sum when a claim is made, and the value of the lump sum is the same whether the claim is made two years into the policy, or a year before it terminates (assuming it is level cover).

With a family income benefit, the opposite is true. A family income benefit plan lasts for a fixed amount of time, but if you should die while the plan is live, your family will receive monthly payments up until the policy terminates. If, for example, your plan lasts twenty years, and you die after ten years, your family will receive a monthly payment for the remaining ten years. If you die after 18 years, they receive the same payment for the remaining two years. If you're still alive when the policy terminates, no payments are received. The benefit payment structure is the main reason why family income benefit is less expensive than conventional life insurance.

Who is it for?

This type of income life insurance plan is ideal for young families, and in fact the plan was designed with them in mind. Conventional life insurance isn't always affordable for young families, but the much lower cost of a family income benefit (choosing a family income benefit can halve your monthly premium payments in comparison to a conventional life insurance policy) means it 's possible to provide financial protection for your family without compromising your financial security in the present.

Flexible and Tax Free

A family income benefit plan is extremely flexible. You're able to designate any end date for your policy, and can choose how much income your family will receive each month. For example, you can choose to keep your policy in effect until your youngest child finishes school or university, or until they are old enough to be financially independent.

As with conventional insurance policies, family income benefit provides tax-free payments. The policy does not have a cash-in value, however, as there is no investment component involved. Many companies which offer a family income benefit plan also offer a cash option so that the beneficiary can opt for a cash lump sum instead of a series of monthly payments should a claim be made.

This ensures that your policy will continue to hold its value, and will remain capable of meeting your family 's financial needs regardless of when the claim is made. If, for example, you buy a policy this year, and your family makes a claim in twelve years, the payments they receive will be adjusted upwards in line with the increased cost of living. This means that the cost of living is factored into how much money your family receives each month.

Another option is to link your policy to the Retail Prices Index.

If you are unsure, it 's highly recommended to consult a regulated financial adviser who can find the best policy for you based upon your specific needs and budget. Insuring your family 's financial future is important so it 's vital to know what you need and get it right.

Friday, January 30, 2009

Pay Off Debt With 0% Balance Transfer No Annual Fee Credit Cards

One such card is the 0% balance transfer no annual fee credit cards. To keep an edge over the competition, credit card companies are now offering plastics with more benefits and services! The same is true of credit cards, as well. Pepperoni pizzas are delivered along with video rental coupons.

Today, toothpaste comes with pencil boxes and toys. The former seeks more value for each purchase; the latter sprints to meet this demand. Consumers and companies share a very interesting relationship.

Balance Transfer
Availing of a card offering a balance transfer is a wise way to reduce credit card debt. The "balance transfer" in 0% balance transfer no annual fee credit cards refers to the process of shifting the balance from an old card to a new card. After this is done, cancel your old card so your credit score is not harmed. You will then be given a grace period, during which you should pay off the debt. You will receive a special rate for the transferred balance. This rate is typically valid for six months to a year.

The best thing about special balance transfer rates is that they let you pay off your old balance without interesting piling up. Note that the best time to open a new account with a balance transfer feature, is when the old card expires. This lets you to enjoy a new grace period with low or no finance charges.

Zero APR
APR stands for annual percentage rate. Do not be alarmed by this term. Simply put, this is the yearly amount that you pay for obtaining credit. The APR was created so people could compare the cost of various loans. Additionally, lenders are required to disclose the APR that they charge. This makes it more difficult for them to charge mysterious or concealed fees. The grace period on 0% balance transfer no annual fee credit cards varies. Usually, however, it runs for one year.

Annual Fee
A credit card annual fee is a charge you have to pay yearly for using a particular credit card. This fee is sent directly to your credit card statement. Like the 0% APR on balance transfers, it is wise to select a credit card without an annual fee. One example is the 0% balance transfer no annual fee credit card. The less money you have to dish out on various fees and interest rates, the more funds you can course to your purchases.

Cards That Have More with Less
Several 0% balance transfer no annual fees credit cards exist. They include The Chase Platinum Visa Credit Card, the Citi Diamond Preferred Card, and the Bank of America Rewards American Express Card.

Too Much of a Good Thing
Lastly, if at some point you are not approved for new balance transfer credit cards, the interest rates on the transferred balance could skyrocket. Secondly, if the low APR rate applies to a transferred balance and not to purchases, you could end up taking one step forward and two steps back. After all, you constantly avoided paying interest by frequently transferring the balance.

You could have difficulty borrowing funds in the future. However, constantly transferring balances when the introductory APR becomes invalid can cause several problems. The concept of using balance transfers to save money when paying off debts is attractive.

When used wisely, 0% balance transfer no annual fee credit cards can pull you out of a quagmire of debt to financial freedom. Like most things in life, however, they should be used in moderation. When used wisely, 0% balance transfer no annual fee credit cards are useful.

Like most things in life, however, they should be used in moderation. When used wisely, 0% balance transfer no annual fee credit cards are useful. Like most things in life, however, they should be used in moderation. There is no denying 0% balance transfer no annual fee credit cards are useful.

Thursday, January 29, 2009

Increase Your Income By Leveraging Your Value

Beyond survival and basic necessities it can give us pleasurable experiences, enable us to do things for our family, friends and community, and provide us with the freedom to live on our own terms. Let?s face it, in our world today, money plays a major role. If I were to ask who wants more money, most people would say ?I do!?

So if you can find ways to leverage whatever value you are providing, or increase your value to society, your customer or your company, you will automatically increase your income. People are paid varying sums of money based on the value they provide. One of the best ways to increase and, ultimately, leverage your value.

One of the best examples of this I?ve ever seen is Tony Robins. When he first started much of his work was based on Neuro Linguistic Programming (NLP).

While there are thousands of practitioners using NLP working with clients, Tony took it to another level. He used and taught these techniques to rooms filled with people. One of his seminars that I attend years ago had 3,000 people in attendance.

At that time a solo practitioner would see people for about $100 per hour. Assuming they saw four people per day, they would gross $400 per day. While a pretty good business model, it paled by comparison to what Tony did with essentially the same training.

The event I attended had 3,000 people who each paid $200 for the day. That?s $600,000 gross plus product sales. Clearly Mr. Robins understood the value of leverage.

If a chef were to sit and explain a recipe to one person, he or she may be able to collect $100 for an hour of consulting. However, if the same chef put the information into a book, CD or DVD or some other ?package? they would be leveraging their time and value and would produce exponential returns.

I charge aspiring authors and publishers $150 an hour consulting. A few years ago I packaged much of the information a beginner needs to know into an audio seminar, "Successful Self-publishing," with an accompany Ebook which I make available for only $27. The author saves $123 while receiving the information that they need.

The really cool thing is, I am able to help more people and, because I can now sell it over and over again, the potential return to me is practically unlimited.

What about you? What are some ways that you can leverage your value?

Could you, for example, add group coaching to your solo coaching practice? Why don?t you offer additional products to your existing customers? McDonald?s mastered this principal with their, now famous, ?Would you like fries with that?? question.

If your working in a job, what could you do to add more value to your company?

I love the Jim Rohn story about the time he said to his mentor, ?That?s all my company pays.? His mentor replied, ?No, that?s all they pay you!?

Companies, regardless of size, pay employees based on the value that they bring to the business. This is one reason salespeople and rainmakers (people who can leverage high level connections) are generally very well paid.

Many "Intrapreneurs" - people who work inside a company but create added value, have earned well in excess of their salary by either saving the company money or creating additional income for it.

A good example of this is the "post-it," invented by someone within the 3M organization who received a small override on the sales.

Where could you save money for your company or add to the bottom line? How might you present this in a way that will enable you to share in the income generated from your idea?

His program became the largest income generator for the school and enabled Wayne to earn well above his base salary. Being an entrepreneur at heart, he presented it in such a way as to share in the increased revenue to the college. Not satisfied with just doing his job, he developed a program for an under-served segment of the population. My friend, Wayne, spent his first career working at a local community college.

How might you model a similar idea in your company?

Wednesday, January 28, 2009

Grab Your Blue American Express

The American Express credit card is one good decision that you can make. Thus, it is best to pick the right choice when you get your own credit card. This is especially useful if you do not have the cash in your hands in the meantime.

It facilitates your purchases well. Credit cards are of big use for many people nowadays.

People can make use of the perks offered by American Express. It provides good offers to its clients. The American Express is one of the more popular credit cards in the market.

Aside from the credit cards, American Express can also provide other services such as traveler?s checks and the businesses charge cards. Another addition to the offerings of the American Express company is the BLUE Sky. Get to know more about the BLUE Sky of American Express and you can surely make some good use of this.

The BLUE Sky American Express

The Blue Sky American Express is a good thing that the company came up with for its clients. This is the perfect choice for people who are frequently traveling.

This credit card will work to the advantage of the travelers who use this. There is considerable convenience in being able to reimburse through the credit card in the middle of your travel. You can save your cash at hand as much as you need it when you take on your flights.

There is also some leeway in your manner of payment. You can choose to get installments schemes or have the payment of your purchases in full. You can choose the most convenient setup for you.

Another plus point of using the Blue American Express is that you can take advantage of the points and miles programs. You can gain as much points as you can from your purchases.

Getting the Blue American Express can work for you in many ways. You can get a deal that will give reasonable interest rates in your purchases. There are also offers with the Blue American Express where you need not pay the annual fees. Furthermore, you can also avail of the zero interest rate for the first few months that you will be using the Blue American Express.

The BLUE CASH American Express

The American Express also has the BLUE CASH credit card. This offers almost the same perks as the other American Express cards. However, you will surely love the rebate program available with the BLUE CASH.

Using this type of credit card with American Express will easily gain you back some of the cash you spend in purchases. The more you are able to spend at one time, the more rebates you can expect. You can also choose to use the discount deals when you travel or simply let your points accumulate for a reward later on.

American Express Credit Cards

You can also avail of the special offers when you use the Blue American Express in your travels. You can have your purchases enjoy warranties and protection from fraud. You can always be assured that your purchases are safeguarded. The American Express cards surely offer huge benefits and advantages to their clients.

So make sure you get to have your own Blue American Express credit card at hand to enjoy the perks it offers. You will also have a constant hotline to rely upon if anything concern regarding the credit card arises.

Tuesday, January 27, 2009

Repair Your Credit Score

If you have gained a bad credit score due to no employment,illness or simply lack of due care then i hope this article is of some help to you.after all many good people have bad credit too.

Correct any errors 1.

If there are mistakes on your credit report, contact the credit bureau and have them corrected. Sometimes even if they do not agree that it was a mistake, you can add a comment onto your report to explain. Be sure to keep your comments very impersonal - do not accuse anybody of lying, for example.

2. Get your finances organized

The only way to improve your credit score after taking care of any errors, is to start to manage your finances in a different way. Set a budget and stick to it. Allow yourself a small amount of money each week that you can spend on whatever you want. Beyond that, only spend what is necessary.

3. Do not destroy all of your credit cards

The quickest way to build a good credit score is to have a good payment history on your credit cards, so don't cut them up. Just be sure only to use them when absolutely necessary.

A good number of cards to have is two to four. With only one you will not be able to repair your score quickly, but if you have more than four it looks bad. If you have too many cards with large balances on them all, you would probably be better off financially and for your credit score if you consolidate some of your debts into a lower interest loan. However, be careful not to keep doing this - see #7.

If you need to reduce your number of cards, drop the newest ones first. A card that you have had for a longer time will count for more points as you start to build up a good credit history again.

4. Make Payments on time

Never miss a payment on any loan or bill that will show on your credit report. Even if a loan company or credit card company offers you a month or two 'grace' where you would not have to make payments, do not accept this offer. It may still show as a missed payment on your credit report. So keep on making those payments, and be sure they will arrive by the due date.

5. Pay as much as you can afford comfortably

Send more than the minimum payment for credit cards any time that you can. This will help your credit rating, save you interest, and bring you closer to the goal of having the debt paid off.

Also . Keep the balance well below your credit limit. This will improve your credit report.

6. Don't Apply for new loans

Something that will quickly flag you as a possible 'problem payer' is if you make a lot of loan applications, often switch credit cards to take advantage of offers, or take out new loans to pay off old ones. If you need to consolidate your debts, only do it once. While you are shopping around for the best terms, try to avoid giving your name and address.

7. Talk To Them

No one likes to pick up the phone and call somebody that they owe money to, but it is much better than waiting for them to contact you. There is no point hoping they will not notice that you are missing payments. If you don't contact them they may start with the collection agencies, and that 's about the worst thing that can happen for your credit score.

When you call them, explain your situation as honestly as possible but be briefly. However difficult your situation, they have heard it before. Decide what you could afford before you call, make them an offer and be prepared to negotiate. Help them to create a payment plan that is realistic for you, even if it is a little more than you hoped. If they offer you a couple of payment-free months, refuse it politely, I would prefer to keep paying a little every month'. This prevents missed payments showing on your record (see #4) and proves that you really do want to get this debt paid.

Many companies will agree, provided that you do not miss any payments on your new plan. When you have a payment plan worked out with them, try asking them if they would agree to stop reporting on you, so that you have a payment plan worked out with them, try asking them if they would agree to stop reporting on you, so that you have a payment plan worked out with them, try asking them if they would agree to stop reporting on you, so that you have a chance to repair your credit score.

Be sure to maintain your credit report repair score at a high level to achieve long term financial stability. You will find it very empowering as well as bringing peace of mind. if you follow these tips will not only improve your credit score, it will also teach you a way to manage your finances that will help you become and stay debt-free in the future.

Monday, January 26, 2009

Forex Brokers- How do I Find The Right One?

As in any other market there are a multitude of brokers to choose.

Points to evaluate:

Low Spreads - The spread, calculated in "pips", is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time. You should know that Forex brokers don't charge a commission, so this difference is how they make money. In comparing various brokers, you will find that the difference in spreads in Forex is as large a spread as you would find in the stock market.

To keep more of your profits keep the spread lower.

Quality Institution - Forex brokers are usually tied to large banks or lending institutions because of the large amounts of capital required. Forex brokers should be registered with the Futures Commission Merchant (FCM) and regulated by the Commodity Futures Trading Commission (CFTC). You will find this important information on the website of its parent company.

Make sure your broker is backed by a well known and stable institution.

Tools and Research - Forex brokers offer a multitude of trading platforms for their clients. Before committing to your chosen broker, be sure to request free trials to test different trading platforms.

Find a broker who will give you the correct tools you need to succeed!

Questions to ask your prospective broker:

What are the normal spreads?

Are the spreads fixed or do they vary?

Do the spreads differ depending on ticket size?

Do all clients on your platform get the same spreads?

Some types of transactions

Margin Trading
Margin means borrowing money from a broker to buy a stock, or commodity, or currency pair and using the investment as collateral. It is, to all intents and purposes, a performance bond in cash or another means of security deposited by a trader.

This is a standard option that automatically cancels out if spot trades through a prearranged knock-out level. This level is set below the initial spot for a call option, and above spot for a put.

Reversals are primarily a Floor Trader strategy used to capitalize on minor price discrepancies between calls and puts. As implied by its name, reversals are the exact opposites of conversions.

Types of brokers

Market Operators

This most reliable group includes big commercial banks which are regulated according to bank laws and rules. If you elect to deal with such banks you will need large amounts of money to start. Minimal lot is approximately $1, 000, 000.


Market makers are financial which work with smaller broker companies and offer probable opportunities of Forex trading to individuals whose trading capitals exceed $50,000. They offer lower cost of Forex market trading. The minimal size of the bill is $50,000.

Small brokers

Smaller brokers working with individuals' small capital - which ranges from hundreds up to several thousand dollars. Risks of carrying out of deals begin when these little broker enterprises clear orders of their clients and work with the dealer or a market-maker.


The scheme of "kitchen" works fine if somebody doesn't start to win all the time. Their founders know that many clients just lose their money. And the profit of "kitchen" is these clients' losses. Then "kitchen" is closed with the remnants of clients' money and about two months later appear under other name. The scheme usually works like that. They offer to teach you for free and to learn how to trade in Forex market. Be aware that anytime money is involved, some one will try to help themselves to it.

Hopefully, I have helped to whet your appetite for Forex Trading.

Do your research. There are some amazing Forex Trading Autopilot programs available.

Sunday, January 25, 2009

Will Your Mobile Phone Insurance Leave You On Hold?

Good mobile phone insurance can help there - but how do you choose the best cover without spending more than you should? If your phone goes missing or is damaged, you want a replacement mobile now if not sooner. It 's never fun to be left waiting on hold, but it 's even less fun when you're waiting for your mobile insurance provider to settle your claim.

Why You Might Need Mobile Phone Insurance

While you may have got your phone free when you signed a contract with your mobile provider, replacing it won't be quite so easy or cheap. Unless you have a good insurance policy, you could be paying full price to replace your handset - and if you've had the latest model with all the bells and whistles, that could be a substantial outlay.

Will You Need to Replace Your Handset?

A mobile phone is stolen every 12 seconds in the UK, says Halifax home insurance. That 's a lot of mobiles going missing. But mobile phone insurance doesn't only insure you against the theft of your handset. If you leave it behind in a taxi or drop it down the gutter on the roadside, you could be eligible for a replacement with some policies. Mobile insurance for your handset will nearly always cover your loss as long as you can provide either parts of your phone or a police report of its theft.

There is an even more compelling reason for having mobile cover, though. Between the time your handset is stolen is lost and the time you report its theft to your mobile service provider, a thief can run up hundreds of minutes in overseas calls for which you may be responsible. Most handset insurance will cover the cost of those calls so that you don't end up paying for someone else 's conversation.

Do YOU Need Mobile Phone Cover?

Insurance for your handset will cost you ?28-75 annually, depending on whether you choose to purchase cover from your provider or standalone insurance. You might also look into your home contents cover to find out if it includes your mobile phone, or whether you can add it for less than standalone insurance will cost.

Before you decide to if mobile insurance is right for you though, ask yourself these questions:

- How much will it cost you to replace your handset at full price?

If your annual premiums are close to the cost of replacing your handset, you might do better to bank the cost of your premiums against the possible loss.

- Are you clumsy?

If you're likely to drop your handset in the loo, insurance may be worth the cost.

- Do you need the latest and best?

- How much of a necessity is your phone? If you count on your handset for work reasons, for example, insurance will be well worth the cost.

Where Can You Get the Best Deal?

There are a number of different options for insuring your mobile. The most popular sources of mobile cover are:

- from your mobile service provider

In most cases you'll pay about ?5-6 per month on your account for handset cover. Check with your provider to find out exactly what is covered.

- from a standalone insurance provider

You may be able to purchase a policy for about ?32 annually - about half the cost of insuring through your provider. Shop around for the best deal.

- a combo policy through a standalone provider

Sometimes called portable electronics policies, they can provide cover for all of your portable electronics and communications devices, including your MP3 player, your PDA, your mobile handset and even your laptop. These policies may be available from your home insurance provider.

Take into account policy features and reviews from existing customers who have claimed. As with any insurance, don't just use price to measure the suitability of different providers.

Saturday, January 24, 2009

Bury The Debt Monster: Part One

In this series of articles to turn it all around!

Lesson One: Opening Your Eyes

Many people don????????t know how much debt they have, and whether or not they have a good balance of ???????good??????? and ???????bad??????? debts. Most people who have the most debt try to ignore the extent of debt they are in- in other words, they avoid reality because what you don????????t know doesn????????t hurt you, right? In this case, unfortunately, debt always hurts you over the long term!

The first lesson on the road to self-debt reduction or elimination is to understand how much debt you actually have, and what type of debt it is.

Make a List

Let????????s start with the ???????bad debts???????, since these are the ones we will want to pay off as soon as possible. Bad debts include store credit cards, car loans, and charge cards- any purchase that loses value instead of offering you potential earnings.

On a piece of paper or on a computer spreadsheet, set up your list like this:

Name of Card/Loan     Amount Owed     Interest Rate     Estimated annual interest

Ex: Citibank     $2,123     18.36%     2123 x .1836 = $389.78

Next, do the same thing for good debts. Good debts are things like school loans, mortgages, second mortgages, and other investments that may earn money. We will use your good debt list in a future lesson, but for now, let????????s take inventory of everything you owe on two separate lists: ???????bad??????? and ???????good???????.

Analyze Debt to Income Ratio

Once you have both your lists completed, you????????ll want to analyze the amount of bad debt you have. Get a total amount of the ???????amount owed??????? column of your bad debt list and compare it to your annual after-tax income. The bad debt total should not be a large chunk of your income. You can find your debt to income ratio (and we????????re just dealing with bad debt at this time) with a simple formula:

Total Bad Debt / After-tax income = bad-debt-to-income ratio

If you????????re total bad debt is $5,770 and your after-tax income is 36,000, you would have a bad-debt-to-income ratio of 16%. The goal is 15% or less in order to keep your payments manageable.

How Much You Actually Flush Down the Drain

Think about what you could do with that extra money on an annual basis! While student loans or mortgages are considered debt worth paying interest for, look at how much money you are flushing down the drain each year on your credit card and car loan payments. WOW! Now, for a real eye opener, add up the amount of estimated interest you pay annually on your bad debt accounts.

The next lesson will lay the foundation for eliminating the worst of our debts: credit card debt. The first step for people looking to get out of debt is to face the debt monster and see exactly how much money they owe. Lesson one has probably been an eye opening experience overall for the majority of you.

Friday, January 23, 2009

How To Get The Best Rates On Homeowner 's Insurance In Alabama

But the truth of the matter is, the vast majority of people who have paid off their homes and are no longer forced to purchase homeowner 's insurance still choose to do so. But the truth of the matter is, the vast majority of people who have paid off their homes and are no longer forced to purchase homeowner 's insurance. But the truth of the matter is, the vast majority of people who have paid off their homes and are no longer forced to purchase homeowner 's insurance. If you are financing your home then your mortgage company insists that you purchase homeowner 's insurance.

The vast majority of people in Alabama recognize that their house is their most valuable asset and they are anxious to do everything in their power to protect that asset. The reason is obvious.

This is just good, common sense. Still, it is also good, common sense to want to get the best value for your dollar and not pay more than necessary for your homeowner 's insurance.

And that 's where this article comes in. We are going to discuss several things you can do that can allow you to get the same homeowner 's coverage that you now enjoy - only at a price that 's lower than what you are now paying.

Let 's start by looking at how much homeowner 's insurance you have. You need enough insurance to completely rebuild your house from the foundation up and to replace all of the possessions that are currently in your home in case of a disaster. But what you don't want to do is to make the rookie mistake of including the cost of the land under your house in your calculations.

Keep in mind that most standard homeowner 's policies in Alabama have restrictions on wind damage. If this is a concern to you be certain that you discuss this issue separately with your insurance agent. Also, no standard homeowner 's policy in Alabama includes flood insurance. If you wish flood insurance this must be purchased separately from a government-guaranteed fund; your agent will have all the details.

If you want to get the best rates on homeowner 's insurance in Alabama then you'll need to make your home as burglar-proof as possible. Install motion-sensitive floodlighting, trim bushes back away from all ground floor windows, install deadbolt locks on all exterior doors and make certain that all windows have a working lock.

You will also need to make your property safe from liability suits due to preventable accidents. This involves repairing or replacing old, broken or buckled cement walkways, repairing or replacing worn, broken or lose floorboards on porches and decks and filling in any potholes or other hazards around your property.

If you live in a fire danger area be certain that all brush and weeds are cut back at least ten feet from all structures.

If your home is 10 years old or older talk to your agent about how much you would save month after month if you made a one-time investment in your property and had your plumbing and electrical system upgraded. You might be surprised at the savings you could realize. Run the figures and if they make sense to you. If they do then upgrading your home will both save you money as well as make your home a safer place to live.

Make sure you have installed the appropriate number of smoke and fire detectors based on the size and configuration of your home. Detectors need fresh batteries twice yearly - many people change batteries each time they set their clocks forward or backward an hour.

Buy a kitchen-rated fire extinguisher and keep it handy for any kitchen fires.

Consider how large of a deductible you can afford. Keep in mind that if you have a claim you will have to come up with the cash to pay your deductible out of your own pocket, so don't make promises you can't keep. However, also keep in mind that the larger your deductible the lower your monthly premium payment.

Enter the same information into the form on each site so that you'll be comparing the same policy on all of them. Now go online and find 3 different websites that encourage you to compare prices from different insurance companies for homeowner 's insurance in Alabama.

When you're done comparing prices then all that will be left is to choose the lowest-priced company and your job is done - you've found the best rates on homeowner 's insurance in Alabama and you can rest easy at night knowing that you are getting the coverage you need at a price that 's saving you money month after month, year after year.

Thursday, January 22, 2009

Penny Stocks Buying Selling: Day Trading Penny Stocks Is Risky And Profitable

The world of penny stock day trading is often compared to gambling.


Because when you win, you win big. If you lose, you can lose a whole bunch of money. The speculative nature of penny stocks or microcap trading is well known. Companies that offer cheap stock are not the same companies you?ll find in the blue chip market. On the contrary, they are often very risky investments.

The reason why their stock is so cheap is because they are just starting out in business or they have mismanaged their business and need a quick bail out. Selling inexpensive stock is a way to raise some fast cash for their enterprise.

Determining which small cap stocks are a good buy is very difficult and not for amateur investors. The truth is, most microcap stocks are pure junk. It?s really common for a novice investor to lose money after being lured into buying a cheap stock that is supposed to make them rich.

Very often, these sure deals are nothing but scams that are designed to make the insider stock picking services big money. They count on your lack of experience and knowledge to make them rich.

Only about 5% of the small cap market is truly worth investing in ? the rest should be tossed aside like yesterday?s garbage.

The good news is that with the right information and guidance, you can make really great profits in this market. Most smart investors will sign up for a newsletter that specializes in penny stock picks. The reputable newsletters will only analyze the top 5% of companies that they feel are worth putting money on. They will usually recommend three to five good picks. You then decide whether you want to go with their picks or not.

Another reason why it?s a good idea to go with a newsletter is that you can greatly minimize your risk. Wise investing is all about picking more winners than losers and not putting all your eggs into one basket.

Since you probably have a full-time job, you don?t have time to spend pouring over endless data about thousands of companies out there offering cheap stock. You definitely need experts to do this for you, and you also need the tools to make your investment decisions easier.

Many people get into day trading penny stocks for the thrill of making big money in a short amount of time. While this is totally possible, you must also temper your enthusiasm a bit in order to make good decisions based on factual information.

Here?s an example of a typical microcap stock trade:

Let?s say you find a start up company that?s in the software business. They create medical software for hospitals. This sounds like a pretty good business to you so you take a look at their stock offering.

You see that they are selling shares at 50 cents a piece. So, you decide to buy 500 shares for $250. You sit on the stock for a while then you see that it starts to go up. It peaks at $3 per share and you decide to sell. You?ve just made a nice $1,250 profit from that one stock. That?s a 600% rate of return!

This kind of profit is what excites most people about small cap stocks, however, if the opposite should happen and that stock goes down by even inches, you?ll lose all of your initial investment money. This is why you should never invest money that you need to pay your bills and buy food.

If you lose it, no sweat - it?s fun money anyways. It?s similar to if you were going to Las Vegas for a vacation and you budgeted a certain amount of money to spend on gambling at the casinos. Only invest extra money that you can spare.

I know this isn?t going to happen to you because you?re going to learn how to invest the smart way, and in this topsy turvy market, that?s the only way you?ll end up being a winner. Unfortunately, many investors gamble with money they shouldn?t be risking and lose it all with one or two bad trades. It?s fun and profitable when you win, but not so much when you lose.

Day trading penny stocks can be looked at in the same way.

Wednesday, January 21, 2009

Why Truck Factoring Is Necessary For You

Factoring thus is a relatively efficient and simple process as it just uses the invoices for a loan and does not necessitate the presence of any collateral or guarantee. Invoice factoring is a business method through which the firm 's receivables or invoices may be secured by another company, which would facilitate instant cash that would have otherwise been accessible only after a certain specific period. The process of factoring utilizes the invoice of a company as a security against the provision of an immediate loan to that particular company.

Factoring is a competent strategy through which the capital needs of any business may be achieved.

The ready liquidity offered by truck factoring acts as a respite to the trucking firms where cash payments are received only after a stipulated time period; thus hindering the smooth functioning of the firm due to deficit cash. Through truck invoice factoring, small or big, all types of establishments sell off their invoices and in return get financial support that enables the firms to sustain an even cash flow. Truck factoring refers to out-and-out purchase by the truck invoice factoring firm, the invoices of the trucking and transportation firms.

It is advisable to look at the larger picture while figuring out truck factoring. Even though the fee for factoring may be high, the advantages are plenty. Truck invoice factoring firms take into account certain measures to determine the service fee and purchase the invoice like, total business volume, credit limits of existing clientele and the credit history of the customer, track record of the firm and accounts receivable reports. The truck invoice factoring firm then negotiates the fee as per the value of the invoice, this could range anywhere between 2 to 5% of the invoice face value.

Once the negotiation is completed, the truck-factoring firm releases the advance that is part of money paid up immediately for purchasing the invoice. This could range between 60 to 95% of the invoice face value. The remaining amount is cleared when the firm 's customer repays the invoice. In this way, truck factoring brings in that ready cash flow.

Truck factoring is necessary, since by using this business process you can reap in many benefits. It enables you obtain ready cash fast, in just about a couple of days time, thereby saving time for concentrating on your business rather than finding out ways to sort out the collection process for tackling cash flow issues. There are truck invoice factoring firms, which offer professional services that take care of your credit checking and collections. This provides you with streaming liquidity.

Thus, truck factoring gives an enhanced control over the complete business. It also helps in taking care of your payroll and taxes. Regular cash flow gives you sufficient cash for marketing, expansion by increasing production and sale. Ready money enables the trucking firm to benefit from bulk procurement discounts as the procuring or buying power also goes up.

Thus truck factoring is necessary, as it saves time and money spent on recovering payments from customers and helping truck firms to focus on business development. Also it prevents the truck companies from falling into a debt trap with the ready cash flow. Truck factoring is definitely advantageous as it enhances your financial statement and gives a detailed portfolio of your accounts receivable.

Tuesday, January 20, 2009

How To Compare Low Cost Health Insurance In South Carolina

Health insurance is probably one of the most difficult forms of insurance for the average person to afford each month - and yet without health insurance your home and all of your assets are at risk should you have a major accident or illness.

This is why is it so important for the average person to compare low cost health insurance in South Carolina and find a policy that they can afford to pay for month after month.

Ultimately you will be getting online and comparing health insurance prices on several of the websites that make such comparisons a snap. But before you do that you want to know how to answer the questions these sites will ask you in such a way that you will save the most money possible. That 's what this article will help you to do.

Let 's start with two of the most difficult things for most people to do. Quitting smoking and losing weight.

It 's simply a fact: if you smoke or use chew you will pay more for your health insurance. It 's also true that if you smoked when you previously purchased a policy but you have since quit, you will be entitled to a rather substantial decrease in your monthly health insurance premium.

It 's also simply a fact that overweight people pay more for health insurance. Part of your monthly premium will be based on your BMI - your Body Mass Index. There is some good news. If you can lose even a few pounds it 's possible that you could drop down a notch on the insurance company 's BMI chart - and if you do that you could save a few dollars each and every month.

Believe it or not you can save money on your health insurance if you have a good credit rating. That 's right. Use credit cards and other forms of credit wisely if you want the best rates on your health insurance.

Do not routinely take part in extreme or dangerous sports or hobbies.

Don't drive a fast and sporty car.

Group health insurance is always cheaper than individual health insurance. If your place of employment does not offer group health insurance then ask around at any clubs, organizations or groups you belong to. A surprising number of clubs and organizations are offering their members group health insurance these days.

If family, friends, or neighbors are getting group health through a club or group they belong to, see if you can join.

Even many religious organizations are offering group health now. Ask around.

If you have a home-based business you may be able to qualify for group health insurance even if you have only one employee - and even if that employee is your spouse.

Even if your home-based business does not qualify you for group rates ask your tax advisor if your health insurance premiums will be deductible. If they are, the tax savings you get may offset the cost of your insurance to the point that your insurance will become affordable.

What about your co-payment? If you can afford to increase your co-payment to 50% you will save a great deal on your monthly premium. This is an especially good idea for people who do not see their doctor on a regular basis.

Increasing your deductible is probably the fastest and most sure way of decreasing your cost of health insurance. But be careful - and honest - with yourself, because you are going to have to come up with your deductible in cash every year before your insurance company will begin paying for any of your health care. So don't offer to pay more than you can actually afford to pay.

Remember to fill out all three forms exactly the same so that you are comparing the same policy on all three sites. Use the tips you have gotten from this article to fill out the form on at least 3 different health insurance price comparison websites. Now it 's time to get online.

Congratulations! You have now compared low cost health insurance in South Carolina and you have found the very best deal you could possibly find. All you need to do is to choose the cheapest rate for your health insurance and you're done!

The rest is easy.

Monday, January 19, 2009

Retirement - Investing In Property

There are many great ways that you can let real estate build a nice little nest egg for your retirement and the sooner you begin the process the better. While many fortunes have been made and lost in the real estate business, many people overlook the value of real estate investing when it comes to planning for retirement.

The problem is that many people feel it is too risky. While there are all kinds of stocks and mutual funds that confuse even the most intelligent among us, real estate is a pretty straightforward business to get into.

The truth is that there are many different types of real estate investing that all carry different risk to the buyer. One thing is for sure and that is that with proper care and attention properties tend to gain value over time rather than lose value.

If you purchase properties today and properly maintain them, you can not only reap years of rental income while paying the mortgage on these properties but you can also find your retirement home and pay today 's prices for it rather than the prices of tomorrow.

When it comes to real estate it is always good to arm yourself with knowledge before taking any steps and you should carefully discuss all plans for your financial future with your trusted financial planner or advisor.

His or her job is to give you guidance when making plans and purchases that will affect your financial stability and security. They can also help you with the matters of taxation, cost analysis, estimated inflation, and the average rise in property value for an area.

As I mentioned before there are always risks when it comes to any sort of investing. The same holds true for real estate investing. Things can go wrong. On occasion you will find lemon properties, for this reason you need to have a complete and thorough inspection performed before you purchase the property.

You should also make sure that you are aware of your state and local laws as they apply to landlords. For this reason it is a good idea to consult with an attorney that specializes in this type of financial investing in addition to your financial advisor.

Rental properties aren't the only way to build a property investment portfolio. There are all kinds of property investment opportunities for those that are willing to take the risk. When it comes to property investing, the greater risks often net the greater potential rewards.

The thing you must remember is that you are gambling with your financial future. I tend to stick with rental properties as they are a fairly safe bet and actually pay for themselves over the years while building a nice nest egg for my future.

There is the eternally fascinating investment opportunity that property flipping presents for one. When flipping a property you purchase a property below market value-preferably one that requires minor cosmetic repairs. Make the repairs. Then sell the house for a substantial profit.

This is a risky venture for those who are novices to the field and many would be investors have lost a great deal of money doing this. Successful investors however can net significant profits in a very short amount of time if they have the knowledge and skills to do the work themselves and time things perfectly.

On the flip side it has sent many into bankruptcy along the way as well so tread very carefully before engaging in this sort of real estate investing and take great care never to invest more than you can afford to lose. This is the type of investing that creates millionaires. There are even more property investing opportunities that provide even greater risk, as they are highly speculative known as pre-construction investing.

The only decision you need to make is whether or not this type of investing is a good fit for your comfort zone. As you can see there are ample opportunities in real estate to create an outstanding financial retirement plan for you and your family.

Sunday, January 18, 2009

How To Compare Low Cost Automobile Insurance In Alabama

That means a lot of people want to compare low cost automobile insurance in Alabama in order to get the best deal possible - and the purpose of this article is to give you some ideas for things you can do or include on an insurance application that will help you to get the best deal possible - and the purpose of this article is to give you some ideas for things you can do or include on an insurance application that will help you to get the best deal possible - and the purpose of this article is to give you some ideas for things you can do or include on an insurance application that will help you to get the lowest rate possible for the insurance you need. Everyone who drives a vehicle on any public street or road in Alabama must have automobile insurance.

If you're serious about saving money on your automobile insurance then it may pay you to get a list of the least-costly-vehicles-to-insure from your agent before you set your heart on any one particular make and model. If you're in the market for a car you need to be aware that some cars cost a lot more to insure than others. The type of car you drive will affect how much you pay for insurance.

The way your drive can affect how much you pay for insurance more than any other single factor. If you speed or if you get any type of moving violation then you are going to pay more for your automobile insurance. Period.

And if you are convicted of Driving Under the Influence (DUI) or if you are convicted of Driving While Intoxicated (DWI) then your automobile insurance rates will fly through the roof and remain there for a minimum of 3 years.

Can you put your car in a garage at night? If so, let your agent know as this could save you money every month.

If you are insuring more than one vehicle make sure you insure all of them with the same company so you get a Multi-Policy Discount on each one.

Don't make small, inconsequential claims. If you can go for even 6 months without making a claim some companies give you a discount. Other companies require you to be claim-free for 1 year and still others 3 years, but the point is, you can get a discount if you don't make small claims.

Keep your credit record clean. Believe it or not, the better your credit score the less you're going to pay for your automobile insurance.

If you're 25 or under stay on your parents' policy if they will allow it - but in any event stay in school and maintain at least a "B" average. Doing that will earn you a fat 5% Good Student Discount on your automobile insurance every single month.

Drivers who have reached their 55th birthday may be able to save as much as 10% per month on their insurance by taking - and passing - a special driver 's course that many companies now offer. Talk to your agent to see if you qualify for this discount.

Don't keep paying for collision and comprehensive insurance on cars that are so old they no longer have any Kelly Blue Book value. If your vehicle no longer has any value your insurance company will not pay off on your collision or comprehensive even if you keep paying the premiums. Save your money.

Many people are now using public transportation whenever possible and only using their cars for emergencies and special occasions. If you can cut your monthly driving to 500 miles or less then you could be in for a rather substantial Low Mileage Discount on your automobile insurance.

Your deductible is probably the fastest and easiest way to lower your monthly payments, but keep in mind that while raising your deductible does result in a lower monthly premium payment on your automobile insurance, a higher deductible also means that you have to come up with more cash out of your own pocket or purse anytime you have a claim. Don't promise to pay more than you can actually afford.

Be sure to enter the exact same information onto the form on all three websites. Now use the information in this article to go online and fill out applications on at least 3 different websites that allow you to make direct comparisons of prices for insurance from different companies.

Rest easy now, knowing that you are saving money on your automobile insurance month after month! You've done your homework, you've compared low cost automobile insurance in Alabama and you've found the best price you can possible get. Now simply choose the lowest price and you're done!

Saturday, January 17, 2009

Market Timing Is No Way To Invest

In this article, we will focus on the two most popular strategies that you can use to invest without having to worry about market timing. Most investors end up missing out on a continual rise by waiting for a stock to plummet first, or sell way to early by underestimating how high the price will go. This is easier said than done.

Ideally, investors try to buy a stock when the price has reached a support level (a level at which the price is as low as it will go).

The theory is that this will lead to greater returns overall, since smaller numbers of shares will be bought while the cost is low. According to this technique, shares of stock are purchased in a specific amount on a specified periodic basis (often monthly), regardless of current performance. Dollar cost averaging (DCA) is an investing technique intended to reduce exposure to risk associated with making a single large purchase.

An example of DCA would be as follows: If I want to buy 1,200 shares of IBM stock using DCA, then I might decide to purchase 400 shares of IBM per month over the course of the next three months. Hypothetically, during month one, the price of IBM may be $105 per share, and then it might drop to $95 per share during month two, and then rise to $100 during month three. If I bought all 1,200 shares during month one, I would have cost me $105 per share. But, by spreading the purchase over a three month period, I managed to buy IBM at an average price of $100 per share.

The primary drawback of using DCA is that you may not be maximizing your overall return. If there is an indication that a certain stock is currently undervalued and might shoot up in price, you would actually make less money using DCA than if you had bought all the shares in the beginning before the price skyrocketed. So, it is not always a winning strategy to spread your purchases over a period of time.

Value averaging, also known as dollar value averaging (DVA), is a technique of adding to an investment portfolio to provide greater return than similar methods such as dollar cost averaging and random investment. With the method, investors contribute to their portfolios in such a way that the portfolio balance increases by a set amount, regardless of market fluctuations. As a result, in periods of market declines, the investor contributes more money, while in periods of market climbs, the investor contributes less.

Here is an example of DVA: I want to invest in Yahoo using DVA. For the sake of argument, we will say that Yahoo is currently $10 per share. I determine that the value of the amount I am going to invest over the course of 1 year will rise, on average, $1,000 each quarter as I make additional investments. If I use DVA, I invest $1,000 to start.

So, I am investing less as the stock price increases. If, at the end of the first quarter, the share price has risen to $15 per share, that means that the value of my investment for the first and second quarter to $2,000.

Make sure you know something about the company you are going to invest in before you go forward. But, neither of these strategies are necessarily full-proof. Dollar value averaging usually works better than cost averaging because value averaging results in less money being invested as the stock price goes up, whereas with cost averaging you continue to invest the same number of dollars regardless of the share price.

Friday, January 16, 2009

How To Get The Best Rates On Homeowner 's Insurance In New Jersey

Anyone who finances a home is paid for free and clear the vast majority of homeowners still voluntarily purchase homeowner 's Anyone who finances a home is forced to buy homeowner 's insurance by their mortgage company, but even after a home is forced to buy homeowner 's insurance by their mortgage company, but even after a home is paid for free and clear the vast majority of homeowners still voluntarily purchase homeowner 's insurance. Anyone who finances a home is forced to buy homeowner 's insurance by their mortgage company, but even after a home is forced to buy homeowner 's insurance by their mortgage company, but even after a home is forced to buy homeowner 's insurance by their mortgage company, but even after a home is paid for free and clear the vast majority of homeowners still voluntarily purchase homeowner 's insurance. Anyone who finances a home is paid for free and clear the vast majority of homeowners still voluntarily purchase homeowner 's insurance. Anyone who finances a home is paid for free and clear the vast majority of homeowners still voluntarily purchase homeowner 's insurance.

It 's no wonder that almost all New Jersey homeowners have homeowner 's insurance.

It is also their most valuable asset and so it only makes good economic sense that they would want to do everything possible to protect that asset. For more than 93% of all New Jersey residents their home is their biggest investment. The reason is easy enough to understand.

Even so, there is still no reason in the world why anyone should pay even one cent more for their homeowner 's insurance than they have to. So let 's look at some simple steps you can take to get the best rates on homeowner 's insurance in New Jersey.

Let 's start with the most common claim made by homeowner 's against their policy. Most people think that the most common claim is for fire damage, but actually it 's exactly the opposite; the most common claim is for water damage caused by a busted water pipe or a broken connection to a dishwasher or ice maker.

If your home is more than 10 years old talk to your agent and find out how much you could save every month if you were to upgrade the plumbing and electrical system in your home.

While you're at it, ask how much you would save if you replaced all broken or buckled cement walkways, filled all potholes, and replaced all loose or rotting boards on all of your porches and decks.

Also ask if you could save money by clearing weeds and brush back away from all the structures on your property and trimming all bushes away from windows to reduce the chances of a burglary. Ask how much you will save every month if you install floodlights with motion-sensitive triggers as another means of reducing burglaries.

Don't stop there. Let your agent know that you are also installing deadbolts on every single exterior door on your property and that you are putting locks on every single window - including windows on upper stories. Ask if you can save money if you install rope fire escape ladders that can be dropped from upper story windows in case of a fire.

Consider installing a home protection service that monitors your home 24/7 and reports any fires or burglaries to the proper authorities. However, don't sign on the dotted line until after you have talked with your agent to see exactly how much you will save each month - some services will result in a much higher reduction in your monthly premium than will others.

If you don't already have the proper number of fire and smoke detectors for the size and layout of your home then install them and let your agent know. Replace batteries twice yearly.

Buy a fire extinguisher for your kitchen and make certain that it is specifically rated for kitchen fires.

While you want to insure your home for the full cost of rebuilding it from the foundation up and for replacing all of the contents of your home (remembering not to add in the value of the land under your home which does not need insurance coverage) you should also consider the deductible you have on your policy. The higher your deductible the lower your monthly premiums payment will be.

Consolidating all of your insurance policies - health, life, auto, etc. - with the same insurance company will also give you a deduction your homeowner 's policy.

Now that you know most of the things you can do to create a homeowner 's policy that will be as inexpensive as possible, go online and compare the cost of your new policy from a variety of different insurance companies here in New Jersey.

Then simply choose the best rate from a company you trust to be there when you need them and your job is done! Take your time and make your comparisons on at least 3 different websites devoted to making homeowner 's insurance comparisons.

You have now done everything you can to get the best rates on homeowner 's insurance in New Jersey and you can rest assured that you are now saving as much money as you possibly can each and every month, year after year.

Thursday, January 15, 2009

Credit Repair: The Whole Story

The Right Way

Credit repair expert Jim Kemish outlines a comprehensive approach that insures success. It turns out that it is really just a first step. Historically credit bureau disputes have been the heart of the credit repair process.

When most people think of credit bureau disputes.

The Real Problem with Disputes

Credit bureau disputes are the essential backbone of every successful credit repair program. And almost without exception it is necessary to start the process with these disputes. But if your efforts are confined only to disputing your issues with the credit bureaus you are virtually guaranteed to be disappointed.

Hitting the Credit Repair Wall

If you send a dispute letter to the credit bureaus you will receive a response back within thirty days or so. You might be excited to see that some of the problem items have been removed. You are also likely to see that some of the items that you have questioned have been verified. This can be frustrating. What is the next step? You might think that a second dispute is in order, and you may be right. Or you may be wrong. Read carefully. Has the credit bureau asked you to address all future inquiries to the original creditor? If so you may discover that additional credit bureau disputes produce no results.

Moving On

Many consumers in search of professional credit repair services will find an ample supply of credit repair companies offering a basic low cost program that consists entirely of credit bureau disputes. What happens to this consumer when the credit bureaus ask you to direct future inquiries to the original creditor? There are two possibilities.

The End of the Road

If you sign up for a credit repair program that only offers credit bureau disputes there is almost zero likelihood that you will end up as a satisfied customer. After the first round of disputes you may get few additional results. Or, if the company that you have chosen does offer additional levels of service you will probably find it necessary to upgrade to a more expensive version of the program in order to get the results that you desire. The truth is that the dispute only version of the program should never have been offered.

An Honest Approach

Remember that I started by saying that credit bureau disputes are the essential backbone of every successful credit repair program. It is so. In fact, it?s absolutely logical to start your dispute process with the credit bureaus. But to stop there would be like putting your socks on and then imagining that you are fully dressed. A truly effective credit repair program will seamlessly move from credit bureau disputes to creditors as a natural part of the process. Collection agencies can be challenged as needed in the same way.

The Educated Consumer

Credit Repair can and will produce fantastic results if done in a competent and comprehensive manner. Would you go to dinner at a restaurant that only cooks the food half way? Would you hire an auto mechanic that takes your engine apart but doesn?t quite put it back together again? Of course not! Make sure that your credit repair company will complete the job that you hired them for.

A Smooth Process

It is our opinion that a credit repair program should be inclusive of every step that is necessary to produce the final desired result. And the credit repair professional should be armed with every tool needed to do the job. We believe that the process should be offered as a unified whole. Our customers hire us for the most important reasons in the world. Their goals are inseparable from the quality of their financial life. We believe that credit should be taken seriously.

Beyond the Dispute

It turns out that the details can make all of the difference in the world. A good credit repair company make sure that they have the universal perspective that will produce the real results that you want. I cannot emphasize this enough!

But it is also equally imperative that these activities occur in the context of a complete understanding of both the credit scoring model and the way creditors view credit in making a decision. A comprehensive dispute process encompassing the credit bureaus, creditors, and even collection agencies is essential for success.

All Rights Reserved. All Content. Kemish. 2007 James W.

Copyright ?

Wednesday, January 14, 2009

How To Avoid Online Credit Card Fraud

Here is some more information about the dangers of online credit card fraud and how to avoid them. If you are not careful, you could end up being a victim of online fraud, which could leave you with a large bill to pay of items that you have not purchased. If you have ever shopped online, then you might know about some of the dangers associated with online purchasing and online credit card fraud.

Why shop online?

If there are dangers to shopping online, then why do so many people do it? Well, the dangers of online fraud are only equal to those of any other type of transaction. Also, online shopping is often much cheaper and quicker than regular shopping, and consumers who want to find great deals without leaving their home are turning to online stores.

Use credit not debit

The first tip to help you avoid online fraud is to make sure you try and use a credit card to purchase goods rather than a debit card. This is because credit cards are much safer than debit cards and have far more security features. If someone were to get hold of your debit card details, you are unlikely to be protected. However, credit cards are usually covered by purchase protection, meaning that items you have not bought will be refunded to you.


When shopping online, it is important to make sure you only enter your card details over a secure connection. If you enter your details on a page that is not secured, it will be easy for fraudsters to get your details and use them to purchase items. To make sure the page is secure, check that the page address starts with https://. This means that the page is secure, and it is safe to use. If it does not start with this prefix, then do not enter your details.

Use trusted web sites

Although making sure the page is secure is important, you should try and make sure you only use tried and trusted web sites for purchasing online. Using small or unknown sites can lead to problems, whereas if you stick to large company sites that are used by many then you are more likely to stay safe. These large web sites have better security features in place, and are more likely to help you with any problems regarding unauthorised transactions.

Keep all details

If you make a purchase online, make sure that you print out all of the details of the order, such as the company name and address as well as an invoice number and the amount you have spent. If anything goes wrong then you will have some record of the transaction and be able to sort out the situation.

Computer protection

This will help to stop fraudsters getting hold of your information, and keep your money safely where it belongs. Make sure you have adequate anti-virus protection that is up-to-date and that you have firewall in place. The easiest way for a fraudster to get to your financial information is to hack into your computer. It is important to remember that as well as being safe online, you should make sure your computer itself is safe.

Tuesday, January 13, 2009

A Chapter 13 Bankruptcy Reorganizes Debt, Stuctures Payments

The arrangements are all overseen by a trustee who is appointed by the Federal court. Under Chapter 13 bankruptcy, a three-year or a five-year repayment plan is created for specific creditors according to the rules governing bankruptcy and through agreement by all parties involved. A Chapter 13 bankruptcy is the specific type of legal proceeding that is granted under Federal statues to provide a repayment program for debts that are owed.

This is different than a Chapter 7 one, in which the debts are discharged immediately instead of being set up with a repayment schedule. Chapter 13 bankruptcy law allows for these debts to be reorganized for the purpose of repayment. When someone files a Chapter 13, it means that they are not able to repay their debt obligations as they originally agreed to do when the debt was taken on.

In most cases, a Chapter 13 one has a repayment plan in which the debtor makes monthly, bimonthly or weekly payments to the trustee. The trustee then provides help by taking care of properly dispersing the payments to the creditors. In most instances, the amount of the debt has been restructured and is less than the full amount that is owed to all the creditors.

It is the trustee in a Chapter 13 bankruptcy who is in the position of analyzing the financial situation of the person filing for bankruptcy, so that he can make a reasonable repayment plan and set the dollar amount of the payments that are to be made to the court monthly. The trustee looks at the earning potential of the family, or the individual, and notes any obligations and living expenses that are needed and then decides on the amount the debtor will be able to repay over the course of the repayment plan.

Because a Chapter 13 requires that regularly scheduled payments be made to the court, it is generally recommended only for debtors who have a regular and stable income. For those who are seasonal workers or freelancers, filing Chapter 13 bankruptcy is not the best solution for their financial troubles, in most instances.

When a debtor has agreed to the terms and payment plan of a Chapter 13, it is crucial that they always make their payment to the court on time. If they fail to make their payments as agreed, the entire court record and case can be thrown out.

Should this happen, the creditors once again have the right to come after the debtor for the full amount of the debt and the protections under the bankruptcy relief process would not be available to them until they are eligible to file it again.

If it occurs that a debtor, who is under a repayment plan through a Chapter 13, is not able to keep up with the payment schedule, then there is the possibility to find relief from the reorganization provisions agreed upon. In the case of a situation that arises, in which the debtor is unable to make the payments to the court as agreed, such as in the case of losing a job or other source of income or if they have an extended illness, they might be able to file a bankruptcy claim form known as a "hardship discharge."

For a debtor who has agreed to a Chapter 13 plan.

Because of this, it is strongly recommended to make every effort to stick to the repayment plan. Any type of change to a filing Chapter 13 bankruptcy means that the debtor must return to the court and this step can be both stressful and expensive.

Monday, January 12, 2009

Why Bad Credit Doesn????????t Matter To Payday Loan Companies

If bad credit is the main thing hindering you from obtaining a loan successfully, you????????ll be happy to know that it????????s not a requirement when it comes to payday loan companies. Whether you????????re borrowing to purchase a home or car, you????????ll almost always hear the loan provider inform you about applicants having to undergo a credit chick before any loan application is approved.

What is a Payday Loan?
Before we get deeper into the reasons why bad credit matter naught to payday loan companies, let????????s discuss first what a payday loan exactly is.

Payday loans are short term loans ???????? rarely lasting more than half a month and you????????ll know why later on. Their amount ranges usually from $100 to $1,000. Exactly how much you can borrow is usually based on your preferences and income. Payday loans can be borrowed anytime, but they do have universal laws when it comes to paying them off: you have to pay them off on your next payday.

Payment Methods ???????? Why Bad Credit Doesn????????t Matter to Payday Loan Companies

It????????s mainly the payment methods used for payday loans the reason why these companies don????????t mind what your credit rating is. It wouldn????????t even matter to them if you????????ve excellent or the worse credit. Their preferred payment methods make those numbers pretty much inconsequential.

The first payment method allows the payday company to automatically and electronically access your bank account on your payday. Upon access, they will be able to retrieve the total amount due from your account. Although permitting a second party to access your account seems hazardous, the chances of getting ripped off are pretty slim. What you should really about is having adequate money in your account to cover your loan.

Payday loan companies will be able to know when they have to access your account because of the investigation they performed regarding your employment. When you????????re applying for a payday loan, you might notice a number of specific questions regarding your work, and those are what allow them to determine whether you????????re a good credit risk or not.

Not only will they make sure that you????????re working for the same company you????????ve enlisted in your application form, but they????????ll also confirm with your company how much you????????re earning and which dates of the month do you receive your paycheck.

The second payment method is less risky for you but still provides adequate protection for the payday loan company. This time, you????????ll have to issue a check from your own checking account for the total money owed. This check is postdated and will only be deposited in their account on the given date.

Whichever method you end up choosing, the payday loan will still come up the winner. If you can????????t cover your loan on time, you will have to shoulder the interest charges for that month. It????????s hefty, but at least it????????s not as big as the money you borrowed.

By confirming exactly how much you????????re earning, the company will also be able to compute the reasonable amount of money that you????????re allowed to borrow. Income verification is also another reason why bad credit doesn????????t matter.

If you want something to worry about, make sure you????????ve got yourself a great job and your own bank account. Thus, when applying for a payday loan, you need not worry about having good or bad credit.

Sunday, January 11, 2009

Keys to Unsecured Credit Cards

Like thousands of other people across the country, your weekly mail is probably littered with envelopes stating, "You have been pre-approved" or "Apply now and receive 3 months interest free." Whatever the catch phrase on the envelope, these companies are constantly advertising and competing to get you to fill out an application for their little plastic card.

Before you start filling out the latest credit card application you will need to find the one that will best fit your financial needs, and yes, even your personality. Credit cards are as common as sports in America and each comes with its own rules and regulations. Well before you dive into the world of interest rates, APR 's and monthly statements, you will want to do your research.

The basic function of a card is the same for nearly every credit card company. They give you the capability of having instant money when you do not actually have cash to spend. However, when choosing a credit card there is a lot of fine print you will want to read so you do not get roped into spending more or being charged for a service you do not need.

To begin your credit card search you will want to compare credit cards and find the one that is best for you financially. This can be a daunting task because there are countless numbers of companies and types of cards available. You can begin your search with the basic question, Do I need a secured credit card or an unsecured credit card? Every type of card available is either classified as an unsecured or secured card.

The difference between a secured and unsecured credit card is based on previous credit history. Each type has its advantages and disadvantages depending on that history. We're here to help you understand that difference and help you make a choice before filling out the next credit card application that shows up in your mailbox.

The difference between secured and unsecured cards is really quite simple. Once you understand the difference you will be on your way to choosing the card that is right for you.

A secured card can be defined as one that is secured by collateral, usually in a monetary form. When using a secured credit card the credit card company will be assured payment by seizing your collateral if you fail to pay your monthly bill. Other forms of secure credit include a house mortgage or a car loan. If you default on a payment on a car our house the loaner will repossess them. If you default on a secured credit card, the company repossesses your cash.

Generally, people with a poor credit history will not be approved for unsecured credit cards as there is not assurance that the credit card company will receive payments. With an unsecured credit card there is nothing for the company to take from you other then more money that they gain in the form of high interest rates and late fees. Instead credit card companies rely only on your promise that you will make the payments on your monthly statement. With an unsecured credit card on the other hand does not require collateral to be held against your credit.

Instead credit card companies rely only on your promise that you will make the payments on your monthly statement. An unsecured credit card on the other hand does not require collateral to be held against your credit.

However, if you have a history of bad credit whether in the form of a loan or have failed to pay credit card debt in the past, a secured credit card may better fit your needs. The majority of credit cards today are classified as unsecured credit cards.

Saturday, January 10, 2009

The Benefits Of Forex Trading Systems

Before you stake your preference on either system, let us take a closer look at the benefits and concerns of It is discretionary because you can choose what factors to use when deciding to buy or sell currencies. The Discretionary Trading System, on the other hand, involves using your experience, intuition, and judgment. First, you have the Mechanical Trading System that works off the premise of technical analysis.

However, there are now two Forex trading systems that can help you with this exciting vocation. Today, Forex trading is a popular form of investment for many people, and many of them do not have experience or training in short-term trading.

each system.

The first major benefit of the Mechanical System is you can automate this system and back test it when you need to. However, it does have rigid rules you will need to follow. This is a great system if you want to keep your emotions in check as you decide on your trades.

On the other hand, the back testing feature is great only if you know what you are doing. This means you can back test and produce wrong information for trading. You can, however, subscribe to a tick data service to ensure you have the correct information. This also means paying for the extra service.

You also have to keep your technical analysis uptodate. Not all the equations will change in a day or two, but in one year, or two years market conditions will have changed many times. If you keep using the old equations, you will get the same results that were applicable when you first bought the system.

But the mechanical system is the one for you if you just want to know when to enter and exit the market with your trades.

Now, let us look at the discretionary system. The great thing about this particular Forex trading system is that is easily adaptable to new market conditions. This works well for the constantly changing Forex market and is a major advantage over the mechanical system. Also, as you use the Discretionary system for some time, you will get to know how to interpret easily the buying and selling signals. This means you have a higher likelihood of profitable trades.

Your concerns would include your inability to either back test or automate the discretionary system. After all, how can you automate your habits, judgments, and aha moments. If you could, you would not trade but sell your system for profit.

Though, in the early stages of trading, you could expose yourself to risk because of ignorance. But once you get it right, you are well on your way to big checks from your broker. Some people have spent many years before they can master this aspect of trading. It also takes time to gain experience, as well as develop a successful trading strategy.

On the other hand, if you prefer using your emotions and experience, the Discretionary System might suit you better. You may have a better edge with the Mechanical system if you can follow instructions well. You need to decide one or the other based on your personality.

There you have a brief analysis of the benefits and concerns of the two Forex trading systems.

Friday, January 9, 2009

How To Compare Low Cost Life Insurance In Arkansas

But whether you consider the purchase of a life insurance policy a shining example of goodness and selflessness or not, the fact remains that it still makes good sense to compare low cost life insurance policies in order to get the best policy at the lowest price. Buying life insurance can be viewed as a noble act since the person buying it will never directly benefit from it.

Fortunately there are a few simple things you can do which will help to keep the cost of your life insurance policy low, but before we look at those it would be a good idea to quickly review the two primary types of life insurance so you can better decide which one is right for you.

Before you can buy a life insurance policy you'll be asked to choose between a whole life policy or a term policy.

On the surface a term policy might look like the better choice because the initial monthly premium on it will be lower that the premium of a same-size whole life policy. But initial cost isn't everything.

A term life policy expires every few years. And each time it does you'll need to buy a new policy if you want to continue being covered by life insurance. The catch is, each time you need to renew a term policy, the price for your monthly premium goes higher and higher. And the price will be its highest when you're old and may not have the resources to continue paying for it.

A whole life policy is initially more expensive to purchase, but since a whole life policy is good for your whole life, the premium you start out paying is the exact same premium that you will continue paying for your whole life.

And unlike a term policy, a whole life policy actually builds a cash value over time and, if you choose, you can borrow against this built-up value at very little cost to you.

But whether you settle upon whole life or term life there are still a few simple things you can do to help keep your monthly premium cost under control.

One simple thing you can do is to keep your credit rating good. Many people are unaware of the fact that your credit rating affects how much you pay for your life insurance.

Don't smoke. If you do smoke, quit ??? and mean it. You can't tell your insurance company that you do not smoke and then die of smoking-related causes. If you do your policy may not be honored, or at least not fully honored.

In part your premium will be based on your Body Mass Index, or BMI. From a practical standpoint this is a measure of your weight. The more overweight you are the more you'll pay for your life insurance. Losing even a little weight could drop you down into a lower BMI rating and that could save you money month after month, year after year.

Don't routinely participate in dangerous or extreme sports ??? and don't lie about it because if you die during an extreme sporting event the truth will come out and your policy will not provide your loved ones with the cash you hoped it would. Driving a sports car or having a dangerous occupation will also increase the cost of your life insurance.

Don't think, though, that you only have to fill out the form on one site, because no site compares all the insurance companies writing life policies in Arkansas. Finally, get online and find several of the websites which allow you to make head-to-head comparisons between life insurance policies and prices.

You will need to take the time to fill out the form on at least 3 different websites before you can feel confident that you have compared and found the lowest cost life insurance available in Arkansas.

Thursday, January 8, 2009

Learn What Credit Insurance Can Do For You

The insurance for credits comes in various forms; the typical form includes credit life, credit property insurance, credit disability and life coverage cannot be sold separately. Credit insurance is a type of insurance made on a debtor in favor of a lender and it is intended to pay off a loan or the remaining balance if the insured dies or is unable to make any more payments. Before proceeding with buying any kind of insurance you should know what you???re paying for.

Almost every time you use a form of loan there are big chances that you???ll be asked to also buy some form of insurance for your credit.

In such situations it is best to try to get back on your feet and pay by yourself the loan because, as the time passes, interest and insurance charges continue to add up to your already existing balance and you???ll end up paying more than your original credit. While this type of insurance can help you keep a good credit report and history, it will not make the monthly payment forever and will not, for sure, pay off all your balance. The credit disability insurance is the type of insurance that makes your monthly credit payments during a certain fixed period of documented medical disability.

The payment of the life credit insurance on this type of insurance for the credit always goes to the lender as he is the beneficiary of your policy. Credit life coverage is actually a type of life insurance that pays off the loan or the remaining balance in case you die.

The other two types of credit insurance are: involuntary unemployment insurance and credit property insurance. The involuntary unemployment insurance is very much similar to the disability insurance: the insurance makes the monthly minimum payments for a certain period of time while you are involuntary unemployed. Like we said before is better to not let this situation go on for a long period of time. The credit property insurance is different than all the other insurances in the way that it cancels the debt you owe for the items purchased if the property purchased is destroyed by certain specified risks like: fire, flood, accident, earthquake, etc.

He will help you make the necessary comparisons and finally with choosing the right insurance type for you. If you have more accounts and intend to insure all off them maybe you should think of buying a traditional insurance; an insurance agent or broker can be of big help in such a situation. But this cannot be so cost effective. No matter for which one of them asks for insurance.

It is only your responsibility. So, it is you, the borrower and the buyer of the insures, that has to carefully read and understand how the insurance works and be fully aware of any special claim procedures or limitation clauses included into the insurance. Last but not least you have to make sure you qualify for the insurance they are buying but the company that is selling you the insurance will not bother asking you if you think you qualify or not.

Wednesday, January 7, 2009

Want To Invest In Property Without A Lot Of Upfront Cash?

This is not the case. If you would like to have a bit of this benefit for yourself, you may believe that you need a sizable amount of money to get started. Property owners have always been rich in terms of wealth.

Those that owned a lot of land, whether that land was farm land, commercial locations or even just vast open fields, were able to have more power in their daily life. Well back into history, you can see the importance of owning property. Property investing is a solid deal- it opens doors to wealth creation across the board and has allowed plenty of people (including some of the most well known celebrities of today) to make a solid amount of money.

The Property Investment World Has Changed

Just a few decades ago, if you wanted to purchase a piece of property you either had to have the asking price for the property in cash and readily able to use or you had to visit your local savings and loan or bank and request a mortgage loan. Today, though, most people purchasing property outright do so through a mortgage. You may be skeptical about doing this currently with so many lenders losing money and in turn so many property owners scrambling to keep hold of their mortgage. Yet, you do not need to have a large amount of cash or the ability to secure a mortgage to secure property investments. You can and should consider owning property in other ways so that you can see a profit without experiencing the risk that goes with it.

Consider Creative Property Investing

There are many ways to purchase real estate without having to invest a lot of cash in the process. Property options are one way that you can do this. To define an option, consider this. An option is the right to buy a piece of property for a specific price during a specific amount of time. You are not purchasing the property right out the door here, but rather purchasing the right to do so later. Why would you do that? The goal for the buyer is to see the value of the property rise slowly or quickly over that amount of time. Because you own the property option and therefore have a set price (and can sell your option as well) you have the ability to cash in on the property option at any time during that period.

Rather, you have the ability to purchase an option, giving you the full benefit of profiting from the property but without the risk involved and without the overall investment required. The underlying goal of a property option is that you do not have to invest heavily from the start in owning the piece of property.

Yet, you no longer need to worry about the investment requiring a large chunk of your money. Property investing is still the long term, highly desired method of building wealth and it will remain that way. Today, in a world where mortgages are foreclosure on by the thousands each day, and the amount of money in the bank is not worth risking, finding other ways to invest in property ownership is important.

Tuesday, January 6, 2009

Asset Based Lending In the Capital Markets

A borrower might require an asset based loan to expand his/her business or to fund new acquisitions or mergers, or for a turnaround of his company or to stave away impending bankruptcy or even for the purchase of new plant and machinery. An Asset based loan is when a borrower avails of a loan against a borrowing base that is the assets that the borrower might possess at the time of the loan.

Asset based lenders can show more flexibility, while approving loans, since they have the borrower 's assets as collateral in case of any problem in recovering the loan amount and can also be flexible in the mode of repayment. material sold on credit, but payments not yet received, or even purchase orders or letters of credit from overseas clients. The term borrowing base implies all the assets of the business or company including real estate, existing plant and machinery, inventory and even the receivables of the company, i.e.

Borrowers should compare the cost of availing an asset-based loan with a traditional loan and also measure it against the benefits offered by availing the loan. But, whereas traditional lenders would advance loans against only fixed assets as collateral, asset based lending companies, not only advance loans against fixed assets, but also against receivables and they could also take future profits into account, which traditional lenders would not consider. Also, in a traditional loan, a borrower might just get a fixed amount, whereas in an asset based loan, the amount might vary as per the borrowers' current and future standing.

So, if borrowers have limited fixed assets, but show great future potential and have a healthy receivable report in their hand, then asset based lenders would be willing to advance bigger loans to them. Borrowers with huge orders from credit worthy clients or borrowers facing liquidity problems due to seasonal sales could also benefit from asset based lending. Borrowers have to submit regular details of the current status, not only of their property, but also of their receivables to their lenders as per their requirement.

However, the credit crunch especially in the US market has now put some strain on the traditional lending institutions, such as banks, since the inter bank liquidity crunch has now spread from the US to the UK and also to other European countries. With banks tightening their lending norms and the prices of real estate sliding southwards, this could turn out to be an advantage for asset based lenders, who could see more borrowers at their doorsteps. The problem is that the fixed assets, which are to be attached as collateral, are reducing in their market value on a day-to-day basis and this could affect both the lenders and the borrowers.

So, for medium to large corporations requiring capital for mergers or acquisitions, or even restructuring during these tough times, asset based lending groups can provide customized solutions, as per the corporations needs. However, if the borrowers' receivables are healthy and if his business shows future potential, then an asset based loan is a better option to the now strictly monitored traditional loan.

So, whatever the sector, asset based lending companies can tailor make a suitable loan to suit any corporation or companies or businesses and these tough times may see them veer away more from the strict rules of lending banks to a more flexible asset based lender.

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