Why Credit Cards Are Your New Best Friends?

There’s much more to that small, pocket-friendly, plastic card than what just meets the eye. It’s not just an eye candy or your child’s shiny new toy- it’s a symbol of status. When luxury is infused with power, a credit card is born.

Rightly going by the name, a credit card allows you to borrow money from a bank on credit in order to makes purchases. Banks create a revolving account and grant a line of credit to the cardholder, within which he is permitted to transact. 

The bank permits the card holder to make purchases on credit and reimburse the amount within 25-30 days. Usually, for smooth functioning and systematic operations, a monthly bill is sent to settle the dues, failing which, a very high amount of interest is charged.

In the present scenario, credit cards have picked up pace due to the spectrum of internet. Technology has cut down on long queues and endless paperwork and given banking a new way of life. 

Applying for credit cards online has been the simplest way to get your hands onto happiness. For old times’ sake, the option of adhering to the traditional method of applying for a credit card with an application to your banker is also available.

And while you’re still contemplating on whether to own a credit card or not, read on; we hope to get you sorted. 

Just type ‘credit card apply online’ on the internet and you will come across a host of banks to provide you with their excellent credit card facilities. The advantages of credit cards are as follows: 

Convenience

Tangible dreams are just a swipe away. Credit card is a widely accepted medium of payment worldwide. The security of cash on hand is not an issue. So, whether you’re going to the mall next door or to another geographic location, carrying your credit card with you means having the world in a wallet.  

All- pervasive

Whether you’re buying a packet of chips or a diamond ring for your wife, credit cards can buy almost anything. From the smallest to the biggest, your best friend takes care of it all. 

Benefits and rewards 

Most credit card companies offer incentive programmes and attractive rewards to their customers for the amount of purchases/ transactions made. From frequent flier miles to automobiles, there is something for everyone. 

Build positive credits

Controlled use of a credit card can help you establish credit for the first time and rebuild credit if you’ve previously had problems – as long as you do no exceed your line of credit and clear off all bills on time.

Improves social standards

The biggest beneficiaries of the credit card revolution in India are the lower and the middle class. While the rich do not depend on the card, the ones below them on India’s wealth pyramid do. Buying extra groceries for guests who are coming or paying for medicines at 1 a.m. when no ATM is in sight, the card has helped in times of emergencies.

Pay at a later date 

This feeling has encouraged many people to buy things that they could never afford. Jewellery, dinner at a fancy restaurant, or that toy for their kid. From routine expenditures to improving social standing, the credit card has helped Indians develop.

How to Organize Your Family's Insurance Premiums for Easy Payment Options

Having a family means the need for several types of insurance. Most families have health insurance, auto insurance and homeowners or renters insurance. Many families also have life insurance. 

Trying to keep track of all those insurance policies and when the premiums are due can be tough, so to make it easier, you should try some of these ways to organize your family's insurance premiums for easy payment options. 

Set Up Automatic Payments

One way to make paying your insurance premiums easy and convenient is to set them up for automatic payments. Many insurers offer this option, allowing your monthly or annual payment to be deducted from your bank account or charged to a credit card. 

Even if one or more of your insurance companies does not offer this option, you may be able to set it up through your bank or through a credit card. Having your premiums paid automatically means you don't have to worry about them.

Bundle Policies

Bundling policies together with the same company can reduce the number of payments you have to make. 

For example, if you get your car insurance and homeowners insurance from the same company, you likely will only have to make one monthly premium payment instead of two. Another advantage of bundling policies is a lower cost per service. 

Some companies, like United Security Agency often offer services like this that make billing much easier to manage. Most insurance companies can even offer discounts to customers who have multiple policies. For example, if you have two policies with the same company, you might get a 10 percent discount on both.

Pay Less Frequently

Many insurance policies offer a range of payment options. You may be able to pay once a year, once a quarter or once a month. 

Paying less frequently means you will have fewer payments to make, although you will have to pay a larger amount each time. You also might get a discount for paying a larger amount less frequently.

Take Advantage of Programs

There may be programs you can take advantage of to make paying your insurance premiums easier. For example, if you get your insurance through a company that has an affiliation with your employer, you might be able to have it deducted from your paycheck. 

Or if you get it through a professional organization, you may just be able to pay it along with your dues.

Organizing your family's insurance premiums for easy payment options may take some work, but it is worth it. Not only can you increase your convenience, you also may save money in the process.

Feeling Frugal: 4 Ways to Save Money This Summer

It can be difficult to save money during the summer. Many people think that they have to sacrifice their summer fun in order to save money. Fortunately, there are many things that you can do in order to cut your expenses without sacrificing summer fun.

Update Your AC

Using your AC is one of the best things that you can do in order to beat the summer heat. It is important to make sure that your AC is maintained so that it can work more efficiently. 

This will help you save money on your energy bill. Efficient maintenance typically isn’t a DIY project, so it would be a good idea to hire a company like Cape Fear Air Conditioning & Heating Co., Inc. or a different business that you trust to handle it for you.

Leave the Car Behind

You can enjoy the summer weather by replacing your drives with walks. Not only will you be able to enjoy the weather, but you will also be able to save money on gas. 

You may also be able to save money on car repairs because your vehicle will be subjected to less wear and tear.

Exercise Outdoors

Working out will help you look and feel great during the summer time. You do not need to go to the gym in order to reap the benefits of exercise. You can take advantage of the beautiful weather by exercising outdoors. 

If you have a gym membership, then you may want to consider cancelling it. There are several ways that you can exercise outdoors. 

You can jog or walk on a trail at a public park. You can play a sport. You can also go for a hike or ride a bike. It is important to stay hydrated while you are working out.

Take Advantage of Free Summer Activities

You do not have to spend a fortune on summer fun. There are many activities that you can participate in for little or no money. For example, many recreational centers have free swimming lessons. Many places have free concerts. 

Additionally, most libraries have free activities that go on during the summer. There are also fun activities that you can do in your own backyard. For example, you can go camping in your own backyard. You can also easily find and reserve a campsite online for dirt cheap.

You do not have to break your budget this summer. You can save money by upgrading your AC. You can also opt to walk instead of driving places this summer. 

Exercising indoors will allow you to save money by getting rid of the gym membership. Furthermore, you should participate in the free activities that are going on in your area.

So Many Stocks to Watch, So Little Time: How to Create a Daily Watch List?

Newcomers to day trading can quickly become bogged down by how to keep track of so many stocks. 

Usually new traders will start with a small list that they want to watch and before they know it they have lists everywhere and lose track of all the stocks they wanted to watch. Keeping a good, functional stock watch list is crucial for successful day trading. 

Here are five tips for finding and keeping a hot stocks list:

Stay Organized

Keep a daily watch list. Ideally this should be kept on day trading software. Do not keep lists everywhere or start writing stocks on post-it notes. 

It seems like everyone makes this mistake in the beginning and loses track of a real whale along the way. You must find a system that works for you and stick to it. 

Stay Updated

If you are staying up to day with your information and news you will be better able to keep track of which stocks should be on your watch list and which ones you can stop watching. 

Just reading the morning paper and checking your day trading chat room is not enough, you need to know things before other traders. Social media is a great platform to garner information before it ever reached a newspaper or television. Check out Warrior Trading’s Facebook page to stay up to date on finding stocks to trade. 

Let someone else keep a list for you

One of the most important lessons any successful day trader will tell you, is knowing what to outsource. For instance, Warrior Trading publishes a daily watch list of stocks to trade. 

Let them do some of the leg work for you so you can concentrate on what to do with those stocks instead of just identifying them. 

Do not be afraid to let go

Just because you have been watching a stock for a long time does not mean that you should continue to spend time, resources, and space on your hot list to it. 

You cannot keep up with 200 stocks a day with any kind of meaningful analysis, so cull that list down and dump the losers that are just eating up your time and potentially your money. 

Every minute you spend working and analyzing a dud stock you could be spending on finding the next winner.

With these five tips you are well on your way to creating and most importantly maintaining a usable stocks to trade list. How do you keep your hot stocks organized? We would love to hear your tips and suggestions in our comments section below.