Home > Blogpage 2

Blog

Disadvantages of Using Credit Cards

Credit cards are in demand, and it will continue to be in demand because everyone wants quick financial solutions and credit cards are often considered to be the best source of temporary finance to keep them going. While there is nothing wrong with this ideology, it is important to understand that credit cards are not the best source of temporary finance for us. Today, we will look at the disadvantages of using credit cards and being dependent on it. 1. It is often used for luxuries than necessities With a credit card in our wallet, we tend to use it on luxurious rather than using it for necessity. This is where most of the problems begin in our lives, and we find it difficult to get back on track. If you are spending and amount unnecessarily on a luxury that is not required at the moment, you’ll have to face the consequences of the same for the next few months and even years. Using the money for luxuries when you do not have enough to satisfy your necessity is not a smart decision. 2. It can have a negative impact on your credit score If you have adequate knowledge about ...

Read More »

4 Alternative Ways to Show Love this Valentine’s Day

4 Alternative Ways to Show Love this Valentine’s Day

How many ways can you say, “I love you”? I’m sure if you were to count all of the words and phrases that could potentially be used there would be hundreds. For instance you might say to someone, “You are my everything,” or “You are the other half of my heart”. Certainly these words make a statement of your true love for someone. Of course, loving acts can say as much as words. You could help the one you love by doing extra chores around the house. Or, cook their favorite dish for a meal even if it isn’t your favorite. Any of these can show how much you care for someone. But you can also use alternative ways to show love this Valentine’s Day. 1. Overhaul Your Budget If you haven’t gotten around to revising your budget for a while, now is a good time to get it done. This is one of the alternative ways to show love this Valentine’s Day. Sure, it’s not as glamorous as an expensive meal at a fancy restaurant or a bouquet or red roses. However, it can still show those you love that you care deeply for them. After all, part of ...

Read More »

An Ounce of Prevention: Keep Up with Maintenance to Protect Your Big Investments

You shouldn’t wait until there is water gushing through your ceiling to get your roof inspected or to make repairs. Nor should you wait until there’s fire coming out of your hood to take your car in for a tune-up and new belts. Regular maintenance should be a part of taking care of your big-ticket items to protect your investment, and that includes regular inspections so that you can identify problems before they cause major damage and require expensive repairs. Regular maintenance just makes good financial sense. Here are a few things you should be doing to protect those major investments: Your Home Your home needs a long list of routine maintenance to keep it in top shape. Some of the basics include: Roof inspection Gutter cleaning Plumbing inspection Pest inspection and treatment Chimney cleaning Septic cleaning and pumping HVAC checkup and cleaning Vent cleaning Energy audit There are many more things you can (and should) do, depending on the type of house you own, the appliances you have, and where you live. One thing to keep in mind is that even when you are scheduling something like a chimney or other type of cleaning, the professional will be inspecting ...

Read More »

Home Care or Professional Care?

As our parents and other relatives get older and begin to experience declining health, we struggle with how best to care for them. The two most common choices are to take them to an assisted living facility or to make plans to care for them in their home. The cost of these two choices is obviously very different. The expense associated with skilled care in either a nursing home or an assisted living home is a major barrier for many families who would prefer to have their loved one receive that level of care. Yet the home care option isn’t as cheap as it may first seem. There are a number of hidden costs that you may not think about with home care. Making sure you capture all these considerations is essential for making an accurate comparison of the two options. Staying at home is likely to still be less expensive, but you will still need to make provisions for certain expenditures. Home Modifications Part of the reason you may be investigating nursing homes is that their home may be unsafe for them, due to mobility or vision limitations. If you choose to make home modifications that permit them to ...

Read More »

4 Ways to Tell a Side Hustle from a Scam

Have you ever fallen for a side hustle scam? Here are few signs that the side hustle you've signed up for isn't actually legit and trying to scam you out of your money!

There are lots of reasons for people to take on a side hustle. They may have a large bill come up that was unexpected. Or, perhaps they simply made some bad financial choices. But if you need to take on an extra job to pay your bills it can be a bit depressing. You may get discouraged or feel like a total failure. As if that isn’t bad enough, you may end up getting scammed in the process if you aren’t careful. Fortunately there are a few ways to tell a side hustle from a scam. 1. Promises to Make Huge Sums of Money When a job sounds too good to be true it probably is. Trust your instincts. Many jobs that promise to make you huge sums of money right off the bat are scams. Some of these scams are not too hard to identify. But not all are as easy to spot. They could be advertised as ways to work from home and make lots of money. In truth, some work at home jobs are completely legit. But you must be able to discern the real ones from the fake ones. What sometimes happens is that you are ...

Read More »