The holiday season is something we wait for all year, but what comes next is always painful. From a post-holiday debt survey done by MagnifyMoney, an average American had racked up about $1054 worth of debt simply from shopping for the holidays. This will only get worse for people who are paying the minimum on their credit cards.
Manage your holiday debt before it takes you down by following these simple tips:
Cash out on those frequent flier miles
If you just finished burning a hole in your pocket this holiday taking a trip to the Bahamas, pull out those tickets because we need you to redeem all the frequent flier miles and reward points. Request your bank to turn them into cash, and pay off!
Sell what you don’t need
This advice will never get old. Do not sit on the old TV, couch in the attic and a bunch of electronics in your garage that you are never going to use, an average American household sits on $250 worth of unused things. Trade them for cash online and transfer the money towards your credit card debt.
Take help of a trust deed
This way, even though the bank retains ownership of your assets, you are allowed to hold it. So the bank’s interest is protected as you sign off the trust deed to your car or any other merchandise whereas you get to keep using it while you go to work to make enough to pay off the bank. The bank will only take full control of your asset when you have defaulted on the loan.
That brings us to the most important part: make a budget and live by it. Cut off all expensive habits you have, at least until the debts are paid off. So happy and responsible holiday shopping everyone!
It seems that technology has taken its toll on every aspect of human life. It is believed that the future is going to be about bitcoins instead of cash. People will be more inclined towards using bitcoins for shopping, buying a house, getting a car or anything that require money. The advancement in technology and the acceptance of crypto-currency has improved bitcoins circumstances.
According to the IMF head, Christine Lagarde, the Bitcoins tools are going to make the financial system safer. She believes that these digital currencies are the future and they have the means to ensure a more stable and safer financial system in comparison to the orthodox banking system.
Bitcoin Tools impact on the Finance System
It is believed that these tools have a better chance of making financial activities safer, cheaper and faster. However, if both the digital and the traditional banks work together they can change the world. It seems that Bitcoins might result in diversification of the financial landscape. It has the ability to offer a better balance between decentralized and centralized service providers. In addition, the financial eco-system that will come into play because of these cryptocurrencies is going to be more efficient and will be robust in resisting threats.
For a clear-eyed approach, it is important to avoid the pitfalls and harness the financial gains. There is a possibility that the crypto-assets tend to have an impact on how we pay our bills, save the money and invest it. These currencies do have the potential to make the system safer, but before that, they need to gain the trust of consumers and support of authorities. Once these have both they revolutionize the world’s finance system.
If you are looking for all the information regarding the crypto-currencies, you need to visit truly coin . They will provide you all the information that you are looking for on crypto-currencies.…
Getting married to someone that you love is really a special occasion. It is the dream of every couple that their marriage should be liked by everyone. Well, marrying is a special feeling, however, completing all the preparation for it is quite daunting. There are several couples, who need to face a lot of problems back in the time due to making some silly mistakes. In case you don’t want to get registered under them, here are some points to help you out.
Mistakes to avoid
It is the list of most common mistakes made by the couple at the time when preparing for marriage. Study them all and prefer to ignore them.
Carrying on with preparation for setting budget – first step that is very important to take is setting the budget. It is very important to set budget and considering all the activities under it to stay within pocket allowance. Uncertainty in this factor can leave you pissed.
Finalizing venue before guest list – the venue should only be finalized after setting the guest list. Doing it before can lead to finalize an inappropriate venue which could be either too small or too big for the guest list.
Hiring on basis of charges – one of the most common mistakes is hiring on the basis of charges which is completely wrong. It is better to hire on the basis of Kohl Mansion wedding photos ,reviews, portfolio, and testimonials rather than price as it will help in hiring best one.
These were some of the common mistakes which are commonly made by the family at the time of marriage. Hence in order to throw the marriage party successfully, a person should keep all this point in their mind and work accordingly.…