Some Information to Help you From Getting into Debt

Too much debt is what too many of you know about right? Yes, debt can be a killer when it comes to trying to make it financially, in this difficult world that we live in. Making smart choices and being knowledgeable about earning money, saving money, investing money and not getting into too much debt, are important issues of interest that should be noticed much more than they are by many.
Throughout this article I want to discuss with you all some helpful information that could potentially help to prevent you from getting into too much debt early on in your adult life. Many people who are just coming out of high school or college often make the same mistake, they rush right into too many different things that they can not afford to pay for, so they finance or charge it all!
Doing this is what starts this terrible and sometimes painful cycle that is not going to do anything except cause you stress and struggle all throughout life. Knowing and understanding just how serious of a problem this can be is very important and finding out this kind of stuff early on in life can really be very helpful and can save you a great deal of heartache later on in life, when you are working on paying off many of your debts that you have collected over the years, for one thing or another.
Debt can destroy any persons life, so no matter how much money you have or do not have, be aware that without even realizing it quickly enough, debt can begin piling up, and start eating you alive. It is not something that many of us ever plan on having to deal with but unfortunately throughout life, some things do tend to happen that we just simply can not control and often times that unfortunate incident can cost you a substantial amount of money, money that you or nobody else can ever really afford.
It is so very important for everyone to understand early on in life just how difficult your adulthood can be because of uncontrollably rising debts each month. This is why you should always be aware of the fact that it can indeed happen to you, just as with anyone else that you know and if you are aware of all the risks surrounding you then you should most definitely be more prepared in knowing just what to do when and if that time does ever come for you, at any unexpected moment throughout the duration of your life.
Do not let debt be your controller, you control all of your actions and try and be as responsible as ever, whenever it comes to how much and what you decide to spend your hard earned cash on. Knowledge of your financial standing at all times, along with some good judgment, when it comes to spending those finances, will help to ensure that debt crisis's will never be a part of your life.

How to Find Cheap Car Insurance

With the rising costs of fuel and just about every other good or service we purchase, many of us are looking for cheap car insurance. When it comes to cheap car insurance most of us are clueless as to how to go about getting a low cost car insurance policy. There are many factors that influence your car insurance costs drastically.
For example, did you know that the type of car you drive will influence the cheap car insurance you're looking for? Or did you know that using anti theft devices will help reduce your over all car insurance costs? A good driving record will allow you to get cheap car insurance?
The deductible is the amount you pay first out of any claim for an accident. The car insurance policy's cost is directly related to your deductible. A lot of people, especially those with a good driving record, who have had their insurance policy for a long time, have never considered varying their deductible. If you have a clean driving record and are prepared for the risk of paying a larger amount in the event of a claim you can save money by increasing your deductible.
Many times you can get cheap car insurance by combining policies with you existing insurance company. For example if you have a home owners insurance policy contact them and ask for discounts for switching your car insurance to them. If you don't own a home perhaps you have renters insurance or life insurance, contact these companies about the savings you could get by switching your car insurance over to them. Most insurance companies are very accommodating to these requests.
It also pays to shop online for your cheap car insurance; many of the big companies offer a comparison of their coverage versus other companies. As you are requesting cheap car insurance quote online be sure to be completely truthful in answering the questionnaire. Additionally, you should know when you get your online quote you will need to follow up with actual paper work.
Whatever your motivation, with a little work you too can find the cheap car insurance you're looking for.

How To Maintain Good Credit

The majority of people these days rely a little bit too much on their credit in order to keep them living in the lifestyle that they are accustomed to. For many people their entire life seems to be run on a line of credit. This is all good but because credit has become such a life line to so many people, they have to resort to loosing almost the entirety of their paychecks from work just to keep their credit going. Most people are either living with credit debt that is so high it prevents them from getting a home or a car, and others are working just so that they pay their credit limits with credit cards so that they live off of those credit cards until their next paycheck. People who live like this condemn themselves to this repeated cycle of spending and credit for the majority of their lives. Since most people begin to establish their credit line when they are young, they are predisposed to see the credit as free money. That is of course; until they realize that eventually they will lose it all unless they pay off these ridiculously high limits. It is not uncommon for people with high credit limits to try to fix the balance of one credit card by getting another one and making the payments with the new cards and vice versa. This is a dangerous game to play that usually results in multiple credit debts that have to be fixed instead of one. Using credit is meant to be a help to you and your life, and not your primary means of supporting yourself. When you decide to get credit, you must do so responsibly. Ideally, you would only use your credit cards in an emergency, but that is rarely the case anymore. Thanks to online shopping capabilities, people are spending more money than ever on their credit cards. Credit is a very tricky thing that can destroy your entire life because it can put you so deep in debt that you can’t get out of it. If you are already deep in debt because of your credit, you should visit your local debt consolidator for help. If you are just starting out with your credit, the best advice that can be given to you is to be responsible and never spend more between paychecks than you can afford to pay back in full. As long as you keep up on paying your creditors on time and keep a copy of your credit report or score, you can easily maintain excellent credit and avoid bankruptcy.

How To Stay Out Of Debt

In order to stay out of debt, you’ll need a contingency plan. Include:
- An emergency fund – which you try to never, ever spend (only in case of severe emergencies).
- A “for sure” savings – for your occasional large expenses (e.g. repairs, Christmas, taxes, etc).
- A “buy stuff” savings – just to buy things that cost more than your monthly disposable income.
- An overdraft protection line of credit to protect you from returned check fees. Don’t use it for anything other than to avoid bouncing checks.
- An “empty” credit card (one that you rarely if ever use – keep it only for emergencies – zero balance, zero interest).
Get into the habit of paying off your credit cards each month to avoid interest charges.
The greater the rate, the higher the risk. Get a safe return on at least part of your savings.
Don’t co-sign on others’ loans. They may intend to pay, but you may actually pay. Too often, co-signers end up paying off loans they are unprepared for, and financial hardships follow. Numerous co-signors now have negative credit ratings because a primary borrower paid late. Many lenders do not notify the co-signor before reporting delinquencies or repossessions to the credit bureau.
Nothing is risk-free. If anyone claims a risk-free use of your money, they are lying, or they just don’t understand that there is always risk involved – if only opportunity risk.
Remember, when you borrow you are still spending future earnings, and eliminating future options. When you borrow, even at low rates you are still paying to use someone else’s money.
The tax advantage of keeping a mortgage loan: You pay me $10,000 this year, and I’ll get my Uncle Sam to let you deduct $2,000 from your taxes next year (if you are in the average tax bracket of 20%)

How To Write a Better Fundraising Letter

Looking for tips on writing a better fundraising letter? Use these quick tips to craft your next donation request letter. Feel free to modify the sample letter below to fit your specific needs. -Good news - Always start the letter with a series of good news -Use bullets to build momentum and make entire letter entertaining and informative - Use foreshadowing to tease your reader and keep him or her reading. - Create a widow at the end of the first page (a thought that's finished on page two) - Make your reader turn the page -Describe what you want to do next - Tell what you're going to do. - Why you're going to do it. - How you're going to do it. - What results you expect. List suggested contribution amounts - Use even numbersin graduated amounts - Offer a monthly auto charge credit card option ($10 a month is $120 a year) - Include a blank line for write-in amounts -Remind readers that their contribution is your budget - Your successes have been possible because of their past contributions - Thank them! Use P.S.'s for skimmers - May titillate skimmers and get them to read the entire letter. - To create a sense of urgency. Sample Donation Request Letter Date Dear Name of sponsor, On (date of event), I will join hundreds of others to help end the devastating effects of multiple sclerosis by (riding/walking/skating) in the MS (event name). By making a pledge on my behalf, you are supporting research and local services to those affected with this unpredictable disease. Give details - Tell your story: I have a personal stake in this particular event. My (dad, aunt, sister) has MS. Not only do I want to help him/her, but also the many others diagnosed with MS. MS is a disease that affects the central nervous system. Some symptoms of MS may include loss of balance, impaired vision and hearing, fatigue, muscle weakness and, in some, paralysis. Even simple everyday living skills become increasingly difficult. Everyone is affected differently by these symptoms. My goal is to raise at least (specify dollar amount) this year, which represents $1 for every person with MS registered with our local MS Chapter. Please help me reach that goal with your pledge. Your donation is tax deductible. If you wish, you may mail all or part of your payment amount today in the self-addressed stamped envelope enclosed with this letter. Otherwise, I will collect your pledge after the event. Please make your check payable to the National MS Society. My deadline to get my pledges in is (deadline date). Following the event, I will send out a brief recap of the MS (event name) to all my sponsors. Thank you in advance for your support. Please call me if you have any questions or comments about the MS (event name). I can be reached at (phone number). Sincerely, Your name

The First Truth About Trading

Take two traders, give them the same starting capital, the same trading platform, the same market and the same trading system with precise rules for entry and exit. Come back a month later and what will you find? One trader will be up 20% and the other down 40%. It’s amazing isn’t it, how two people can have the same opportunities in life and yet get very different results. The answer to success in trading lies within each of us. Whatever happens it’s your fault, plain and simple, it’s not your trading system or some other factor, it’s you. Yes, you! Therefore, understanding the truth about trading, the ability to see the big picture is vitally important, especially for the beginner or the trader who is loosing money. Once you understand the foundational truth about trading then you are on your way to success. This is the first step. Trading is a game of probabilities! Let’s flip a coin. Heads I win one dollar, tails you win one dollar. Heads should come up half the time and tails the other and we are both even. However, unknown to me you have a loaded coin. For every 100 throws, heads comes up 49 times, and tails comes up 51 times. You have a license to print money. Let’s call it the Tails Trading System. All you have to do is sit back and bet on tails all the time and eventually you would win all my money and anybody else’s one bet against you. The only thing any trading system does is give you an edge, a favorable bias, something that is more likely to happen than not. Whatever trading system you use be it pattern breakouts, trend-following, Fibonacci, moving averages, channel following, oscillator signals, Bollinger bands, swing trading, opening gaps or any of the myriad of other systems about the place, you are essentially relying on a positive bias. Your system says when I see “x” then “y usually follows”. Big emphasis on usually. Sometimes it works sometimes it doesn’t. Most of the time it does. All your trading system does is help you identify high probability trades, enter them correctly, and protect yourself while allowing your profits to grow. Some trading systems are better than others. Find a system you are comfortable with, paper trade it, test it in real time with small amount, then stick to it. Don’t waste time looking for the perfect system. It does not exist. A cool disciplined trader will take an average system and make money with it. An unsure, lacking confidence Trader will take a great system and wreck it. All traders have good days and bad days. Some days you will make small profits and others you will make small losses. A couple times a month you will make some big profits. Problem is you never know when. You have to keep playing the game to score the big winner. If you are not in the game you don’t have a chance. You must see the big picture. Realize that the current trade is only one of many. On that basis the current trade hardly matters. It’s like a little piece of plankton in a very large ocean. Trading is all about managing risk and then surrendering yourself to the oldest law in the Universe: The ancient law of probability. That my friend is the first truth about trading.