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.

Fender Bender: How to Save Cash on Your Next Auto Body Repair

Fender benders are a bummer. Even minor damage such as chips off the paint or a dent in the door could lead to rust. You might not realize there is more significant damage until the mechanic looks. These tips will help you save cash on your next auto body repair.

Research Typical Repair Prices

Consider using one of the many apps that will price out the cost of common auto body repairs in your area. These free or low-cost apps could save you hundreds of dollars on a single repair service by giving you an idea of what fair pricing is. 

If you know what the problem is with your car, you could also call around and ask if any local shops can beat a certain price point. For example, if the app showed that Joe's Repair Shop charges $300 to replace a dinged bumper, ask another reputable place if they can beat that by 5 or 10 percent if you pay cash. 

You could also check with your insurance company about what the going rate is for certain types of car repairs. 

Use a Trustworthy Mechanic

If you already have a mechanic who has worked on your car and you trust that person, you may wish to maintain that strong relationship. 

If you do not already have a mechanic or that shop does not do auto body repairs, ask around and get recommendations. Your coworkers, friends, and family might be able to recommend one shop or persuade you not to use a place that overcharged them or did not do the job correctly. 

Also look to consumer review websites. The public review sites should be taken with a grain of salt, but membership sites such as Angie's List or verified sites such as the Better Business Bureau may give you an accurate idea of what type of customer service you can expect from each repair shop in your area.

Know Which Repairs Are Necessary

If you just have a minor dent in your bumper, you might consider holding off on the repair until you also need some other services, such as brake replacement. 

Make sure you know which repairs are necessary, such as replacing a broken headlight, brake light or tail light. The police could pull you over for those types of auto body problems. 

If a repair shop has to take a lot of parts off of your car and another issue is discovered, consider an auto body repair shop in Utah County. If you put off the second repair, you could pay another labor fee when it gets fixed. Getting it all done at once means only paying for the labor once.

Look for Discounts and Coupons

Look at the city deals websites for your area and see if there are any new customer or other discounts available for your auto body repair. 

If you are a member of AAA, a U.S. veteran, a senior citizen or a member of another group, discounts might be available. Your insurance company might offer discounts at certain auto body shops, even if you choose to pay cash rather than making an insurance claim. 

Also consider asking for a discount for non-priority service. If you can go without your car for a week or two, you might be able to negotiate a lower labor rate compared to if you need to have your car back within a few days.

Paying for car repairs is not fun, but it is necessary. You can save money without sacrificing your safety or the car's functionality. These simple tips on auto body repair bills could help you to save hundreds of dollars.

Why Writing A Will Is Essential For Business Owners

Most people tend to be lulled into the false sense of security that they don't even have to think about a will yet, because they’re nowhere near the age where they deem its relevant to them. 

As a business owner deciding what would happen to your positions if you passed away isn’t exactly the most pleasant task, but as the responsible owner it is most definitely something that needs to be done as it could cause great complications and unneeded stress to your loved ones. 

A will simply ensures that your assets are shared between the right people, rather than them ending up in the wrong hands or let to battle over – something that you obviously won’t want.

Planning for a Future When You Are Not There

Without a will, all of your possessions end up in the hands of the law, who then decide which assets go to who. 

They don’t just automatically fall into the hands of your loved ones, so it is important to consider this for their sake too. A lot of the time, family members or business partners presume that they will be entitled to so much only to find out that this isn’t the case causing disharmony in the ranks, which isn’t good for the future of the business.

A Will is Good for Business

In some cases where people have passed away, their family home has had to be sold in order to cover their business costs. 

This is a troubling notion for anyone to consider. Once you own a business and have business assets, it makes everything far more complicated. It would be devastating if a business that you spent years building up had to shut down due to your death. 

Furthermore, this could mean that tens or hundreds of your employees would also lose their job which would be a real shame, especially when this could have been avoided with some careful planning. 

Avoid Legal Difficulties

A will also significantly reduces the risk of your business having to shut down due to a legal battle. For example, when the law distributes your assets, they could split your business equally between your next of kin. 

If it was really supposed to go to just one child (because they had actually worked alongside you in the company), then this could result in a heated and lengthy dispute and immense emotional distress for your entire family. 

Furthermore, if it should go to your business partner, you could be faced leaving it behind with a family member that has no experience about your field, ultimately causing problems in a company that you’ve worked so hard to build.

Estate Planning and Inheritance Tax

When you do decide to write up your will, it is important that you consider succession planning, which will increase the advantages of business property relief (BPR). 

This will alleviate inheritance tax for your business, which is a vital area to be precise about in your planning. It ultimately protects your loved ones from being struck with hefty inheritance tax. 

Start Planning Today

The sooner you start planning your will the better to ensure that you and your loves ones are covered, should the unthinkable happen. 

A simple process but one often over looked, there have been thousands of cases where families and businesses are left in jeopardy because people have failed to safeguard for the future. 

Don’t be tempted to leave it until you are growing old or becoming ill, having a will in place will protect your business and your assets in the unfortunate event of sudden death. 

Even if you’re unsure where to start, take the first step by speaking to will solicitors about your options. This will clear up unanswered questions and set you on the right tracks.