4 Ways You Could Still Be Sabotaging Your Savings Accounts in 2013
January 15, 2013 by Dr. Letitia Wright
Filed under Featured Articles, Front Page, Wright Ideas
4 Ways You Could Still Be Sabotaging Your Savings Accounts in 2013
Now that the Christmas spend is over, you’ve got a great chance to get a fresh start on your savings in the New Year.
But you could still be destined to fail. Sure, you’ve set yourself a budget and you’re cutting back, but you could still be wasting money on senseless expense and needlessly wasting money in other areas.
Why not put your mind at rest by making sure you’re not committing these savings sins with your financial accounts?
1) Not Keeping Cash for Emergencies
The most expensive problem is the one you can’t afford to fix.
Keeping a decent amount of cash on hand could be your secret savings weapon, as having the cushion to soften the blow of any unexpected disasters could prevent you from getting into serious problems.
There are two major benefits for keeping some cash around; primarily it means you can afford to deal with any unexpected problems without having to take out a dreaded short term loan or borrow from someone else. The secondary benefit is that you’ll have the funds to fix the problem right the first time, rather than opting for a cheaper solution as a temporary solution which will end up costing you further expense later on.
2) Avoiding Your Bad Debts
While putting money into your savings accounts is a smart move, if you have a high interest credit card debt or an outstanding loan, you could be on the verge of financial disaster
Most credit card and short term loan companies have insanely high interest rates that dwarf the return on most savings accounts, so your debt could be growing faster than your savings.
Best practice is to start paying off your higher interest debts first, then any other priority debts before you start saving.
3) Being Brain-Dead With Big Buys
Everyone’s definition of a big purchase is different, but if it’s in the triple figures you should be asking yourself a few key questions before paying.
Ask yourself 5 simple questions before you purchase: Can I afford this item? Do I need this item? Do I need it right now? Is this the cheapest place to buy it? Would it be more worthwhile to buy this than a cheaper product?
If you find yourself answering no to any of those questions, make sure you think about whether it’s really worth buying it at all. You should consider spending a couple of days thinking about a must-have purchase to see whether it’s still an essential buy after a cooling off period.
4) Forgetting to Plan For Your Future
It may be tempting to focus on your financial well being for now, rather than in ten, twenty or perhaps even thirty years.
If you’ve stayed away from bad debt and you have a healthy looking emergency fund, why don’t you think about putting something away for retirement, or investing?
While some companies will offer a pension it’s very rarely anything substantial, so putting some cash away in a high interest savings account or you could even consider fixed rate bonds if you’ve got the commit.
What Now?
Now you have a great idea of what financial behaviour has been letting you down, here’s to a financially frugal 2013!
Author Bio
About Author :
Geoffery is a personal savings blogger in the UK market. He specialises in comparing the Fixed Rate Bonds (fairinvestment.co.uk/fixed_rate_bonds) market writing for sites like Fair Investment Company – a high interest savings and investment plans specialist.
Why a Website?
December 28, 2012 by Dr. Letitia Wright
Filed under A Note for You, Featured Articles, Front Page
Ticket for free glass of Coca-Cola, believed to be the first coupon ever. (Photo credit: Wikipedia)
Why Every Business Should Have a Website
By Matt Evers
Every business, no matter how big or how small really should have a website. In this modern day and age, there is no reason not to have one. Let’s explore the reasons why every business should have a website.
The internet is well and truly here to stay. The number of people who use the internet exceeds more than 2.4 billion and there are almost 8 people every single second being added to this total. This is an incredible number of people. As you can imagine there will be people from all walks of life looking for all sorts of things that encompass just about every area of life you can imagine.
If you are a business owner then you absolutely must have your own website. It’s considered unprofessional these days if you do not own a website. How many people do you know go online to look for reviews of a particular company or product before they choose to contact them?
How many of these people decide that they will not contact the company because the company did not actually own a website. Chances are that the company could be illegitimate (in the mind of the person who is looking for the company’s details).
In this modern day and age, having your own website is very easy and low cost to do. Even hosting is very cheap, so now has never been a better time to have your own website name and begin branding your company. It is possible to save on both domain name and hosting, using hosting coupons. One example is through the use of HostGator coupon codes. There are other hosting companies also offering money-saving coupons, so do your research as you choose your domain name and hosting provider.
Why every business should have a website
- With your own website you can “be there” for those who seek out your service online
- With your own website you can showcase all your services
- You can add videos and testimonials to help enhance your service
- You can get a lot more customers and ultimately more company profits
- .. and so much more!
So if you’ve not yet got our own website, don’t you think it’s about time? Are you afraid to get started, worried about all of the technical aspects and let alone the cost? Well, you can get a website for as little as US $100 these days and this often includes a year’s free hosting as well.
These are just some of the reasons why every business should have a website. These days it is an essential “must-have”, rather than an expensive fanciful extra. Maybe it’s time to start looking at one for yourself if you’ve not yet taken that step.
Angel Pass- Where the Fashion Industry Comes Together
December 27, 2012 by Dr. Letitia Wright
Filed under A Note for You, Featured Articles, Front Page, Media Training
Recently a group of designers and other professionals in the fashion industry came together. After many long discussions and sharing of our experiences, we saw a change was needed not only in the fashion industry, but in the whole of society. And so the idea of Angelpass was born.
We share the common vision of a just, harmonious society: equality, individual dignity, fairness and honesty in business and social interactions; cooperation rather than adversarial relationships. We want to see our fellow man uplifted, rather than exploited. Especially, we want to see the new generation of professionals in the creative arts freed from the pitfalls of unscrupulous business dealings. We want you to have other options to make your way in your careers.
We are not just idealistic dreamers: we are highly experienced professionals who know our way around the fashion design world. We know exactly what help and opportunities you, as the younger generation, need to find your way in the fashion industry and related creative fields. And we are convinced the negative aspects of the current system can be circumvented by mutual cooperation and networking — networking through Angelpass.
You, the younger generation, will soon be the leaders in all the creative fields. Angelpass is for those of you who know you have something special inside of you, some special destiny and reason for your talents. You who are over-comers, who believe in yourselves, who know what you want to do with your lives and believe you can do it.
Angelpass is here to help you do it.
ANGELPASS FASHION SHOW PARTIES
Each year Angelpass will choose 10 to 15 outstanding designers from our membership. We will honor them with four “big bash” celebrations, one for each season of the year. We will post notices of the date and city of each party, and invite our member designers to apply by submitting samples of their work to our selection panel. Each year the parties will be held in different cities around the world.
PERSONAL PROFILE PAGE
Put up your own Angelpass Profile Page on our website (similar to a Facebook page).
This is your premier networking resource for jobs, volunteer opportunities, and social connections. It is the best way to find anyone and anything you need for whatever project you are working on.
If you are a designer planning a fashion show locally or abroad, you may put out a call for models and other support professionals. Put up your own notice and browse through the Personal Profile pages to find paid or volunteer staff in the city and country where you are booking your show. (We suggest designers donate the pieces from their collection to any volunteer models and support staff.)
Remember– we are global, so spread your wings and reach out!
