Finances

Save On Bank Fees

Many of us think that putting our money in the bank is a secure and wise way of saving. Yes, this is true if we are wise in dealing with banks. Banks are not charitable institutions, these are profit-driven entities which charge different kinds of fees and do all sorts of schemes to take away some of your money. The savings that you can get in being wise in making bank transactions can add up after some time and let you use your money where you want to.

Here are some tips on how to effectively save money in the bank:

Banking Fees – Shop around
Think about the factors that are affecting your money in the bank. Are there fees that the bank is asking you to pay for keeping and using your own money? How much? Are they requiring a minimum balance for holding an account? You might be interested in other alternatives that are available out there, waiting for your investment. You should always factor in the opportunities that you are deprived of because you are putting your money in the bank. You might also be interested in taking a look into the terms of other banks, or credit unions. Probably the bank that can best suit your needs is out there waiting for you.

Check Book Balancing
Always bear in mind to have your checkbooks balanced at the end of every month. Issuing bounced checks can cost you a lot. The average fee for issuing checks with insufficient funds is $20, but can be much higher. If you are not aware of the problem, you can easily issue several bounced checks in a certain period of time and this is very costly indeed.

Watch the ATM Machines and their Fees
The best practice in using ATM machines is to avoid using ATM machines of other banks. This way, you will save on ATM fees. However, it wouldn’t hurt if you also knew the ATM machines of other banks which do not charge fees.

E-banking
With the advent of globalization, everything is becoming electronic. This is also true in the banking world and technology is quickly becoming a benchmark of competition. E-banking can save you some money from transportation costs and more importantly, it will save you time. The time you spend waiting at the bank can be used for some other productive activities. It is also easier to transfer funds between your accounts so you can maximize your interest more easily.

Truly, putting your money in the bank is a wise way of saving money, but only if you are wise enough to prevent the bank from chipping away your wealth. In saving, it is not only the benefits such as annual returns which you should consider, you should always think about the costs involved in the process.

Finances

Cutting Your Medical Expenses While Maintaining Your Health

There is no such thing as a free lunch. Moreover, there is no such thing as free medication. Some time or another, all of us will need medical treatment. Whether it would be for simple colds or for serious illnesses, these things would hurt us and burn our pockets.

According to a recent study, Americans spend more money on medical expenses than any other nationality in the world. As prices get higher and life gets harder, saving some money from your medical expenses will definitely benefit you.

Here are some practical tips on how to cut your medical costs:

Mind Your Health

Prevention is always better than cure. Being fit and healthy seems to be a 21st century fad and it wouldn’t hurt us if we join in the bandwagon. An analysis of the 1987 National Medical Expenditures Survey revealed that people who are more active spend less on medical expenses than those who live lethargic lives. The analysis equated the benefit of being physically active to $330 (1987 dollar value) per person.

For smokers and drinkers, reducing cigarette and alcohol consumption is an option which you may find feasible. You will not only reduce future medical costs but also reduce direct costs from purchasing these products.

Go Generic

Taking generic drugs is the way to go. Patents are used by manufacturers to be able to set a price so as to recover their costs in developing their products. But these patents don’t last forever and sooner or later, generic versions of these drugs will be available. Generic drugs are basically the same as the branded ones in terms of ingredients and quality.

Going generic can save you a lot of money. According to the Association of Chain Drug Stores, the generic drugs are priced at $24 on the average in 2004, while the average price of the branded ones is $96 dollars.

Deal with your Doctor

Take time out to discuss things with your doctor, for this can also save you a lot of cash. Don’t be shy to ask him about the possible alternatives that you can take. Ask him if there is a generic drug that you can take if he prescribes you a branded drug. If you are going to have surgery, try to schedule wisely, so as to prevent overstaying in the hospital. And most importantly, do as you are told. If he asks you to quit your vice, quit it. If he tells you to be active, then you’d better be!

Medical expenses can really dig a hole in your pocket. Try to be wise in your medical transactions and more importantly, take care of your health.

Weight and Diet

The Atkins Diet and Carbohydrate Substitutes

Cutting down on carbohydrates with the Atkins diet is easy when you see the wide variety of proteins and vegetables that are on the acceptable foods list. However, it does take some time and adjustment to get used to this new way of eating. A lot of the American diet centers around complex carbohydrate foods like breads and pastas. Snack foods are full of sugars and refined carbohydrates. This new way of eating will challenge your old habits. However, there are many carbohydrate substitutes that can fill in the gap.

Some of the most popular replacement items are sugar substitutes. These can be good or bad depending on how you react to them. Each person has a different reaction to artificial sweeteners like aspartame and Splenda. They can be helpful in baking low-carbohydrate treats and making things taste sweet without risking sugar use. However, many people find that using artificial sweeteners makes them crave sugar even more. If you find you want more sweet treats after drinking a diet soda or eating a snack made with Splenda, its best to eliminate them entirely from your diet.

Bread is the number one challenge that Atkins dieters face when looking at their new diet plans. Bread is a staple food for many people, and eliminating it can be somewhat of a problem. There are some low carb breads available out there, but you have to watch for hidden carbohydrates and other unacceptable ingredients. If you are ambitious, you can try making your own bread out of almond flour or other non-traditional flours.

Many people say that they love pasta, but people vary rarely eat it plain. The best part about pasta is the topping. So taking those toppings (meat, cheese and vegetables) and putting them over something else is an easy solution. Many people who follow the Atkins plan have found that squash makes a good pasta substitute. Spaghetti squash, a yellow orange gourd with stringy insides, is a natural base for homemade meat sauce. Zucchini is also a good pasta substitute. You can grate in into fine pieces or chunk it up into sections to act as a base for sauces. Lasagna is easily made with large pieces of eggplant as a substitute for the noodles. The meats and cheeses used in lasagna are low-carb so there’s nothing to worry about there.

Another common problem for Atkins dieters is finding a good substitute for rice. One popular solution is to use cauliflower. Simply place the cauliflower florettes in a food processor and chop them until they are rice sizes pieces. Then microwave the “rice” without water. The pieces will come out fluffy and ready to be used in casseroles or as part of a side dish.

Cauliflower is also a popular potato substitute for Atkins dieters. This time, puree the cauliflower until it is smooth and creamy, just like mashed potatoes. You can add your favorite low-carb topping to it like bacon, sour cream and cheese.

Pizza is a favorite food for many people, but there are Atkins friendly solutions for homemade pizzas that taste just as good. You can make small pizzas using low-carb tortillas as the crust. You can also use the same method with large Portobello mushrooms. If the alternative crust options don’t sound good to you, you can also try a pizza casserole with all of the ingredient layered in a casserole dish.
These substitutes will help you avoid indulging in your high-carb favorites while on the Atkins diet.

Relationships

Improve your Personal Life When You Discover Your Values

Values make us as a person and define how we invest our time, energy and money. When our values are high, we can reach the limits of improving our personal life. Throughout our life, we decide what we want to do with our time. Time is essential, since time runs out quickly. For this reason you, want to invest time, spending your time wisely. Spending time wisely includes activities, entertainment, dating, work, quality time and so on.

The average person spends most of their day working. At the end of the day they return home to spend time watching television, or engaging in activities with the family. Unfortunately, family is a thing of the past. If you want to improve your personal life, you are going to have to put family first. If you have wife and kids, or husband and kids, you will need to learn how to invest time with the family. Unfortunately, you have five or six hours after a day of work to do this. You also want time for yourself.

To achieve a time frame that works for everyone try considering discovering new interests. When you discover new ideas, it will help you open the doors to success. Your directions in life are based on new ideas. For instance, if you come home after work most times without spending time with the family, try practicing eating at the dinner table each night with your family. Do not allow room for excuses. As you feast together, take time to ask how each person’s day went. This has proven to enhance relationships. When you enhance relationship, you are also building a new bridge to personal improvement.

If you are not in a relationship, then that is something you may want to work on, although dating these days has changed a great deal. There are now online dating options which can open up a whole new world.

One of the biggest mistakes some people make is hanging out with poor influences. If you hang out with poor influences, you are wasting time. Your values are low. You will need to build your values to improve your personal life by changing company. You want to hang around with positive influences. Let me draw you a picture.

If you hang around at bars with your friends, you are wasting time. In time, you will face court costs, fines, and perhaps jail, especially if you visit the bars and drive home after drinking. In time, you will learn new bad habits. Each bad habit you learn takes over your life, which only keeps you down.

Finding new positive influences is a key to success. Anyone who thinks positive will rub off on you, helping you to develop good habits. When you find friends that care about you, you will have friends that do not allow you to drink and drive. You will have friends that care about your future.

To make new friends you have to learn communication skills. Don’t be afraid to smile and say hi. There is nothing wrong with being friendly. One has to use good judgment however, since this world has its share of bad characters that have harmful intents. In addition, many people today fear friendliness.

When you learn to communicate however, you are building blocks that lead you to a happier future. Failure to communicate is one of the leading reasons why businesses fail, relationships falter, children kill and so on. Communication comes in many forms. Sometimes when you sit and listen as well as pay attention to gestures or body languages you learn best. Observation is the ultimate key that helps you to gain successfully and learn to develop skills that lead you to improve your personal life.

You have many options in the world. Take those options, use them to your advantage and you are on the road to improving your personal life.

Finances

Credit Card Savings A Must

Having a credit card is very convenient since carrying a lot of cash becomes unnecessary and you might even have a hard time leaving your credit card at home. But with its advantages comes also its disadvantages. Since you can always buy things without carrying cash around, you are always tempted to buy something that you come across. If you have excellent control on your finances then good for you. If you have a hard time managing your credit card, then these pointers can help you.

Get organized

First thing’s first, obtain your credit card records to have a better idea of your spending. Be sure to double check the records for errors and ensure its accuracy. A good example would be to find out if you have outstanding debts that should not be there as well as the accuracy of the listing of your former and present address.

Evaluate your credit card

Go over your recent credit card records and look at the interest rates. Some credit card companies have promos wherein they offer lower interest rates for a period of time and this promo may already be over yet you have no idea and are already paying at a higher interest rate. Also take note of the membership fee which they charge annually since some have very high membership fees. Consider cancelling this if you are not using it frequently.

Pay on time

It is important to pay your bills on time since it can have a negative effect on your credit record or rating. You will also be able to avoid getting charged because of not paying on time. Try asking the credit card company to remove the overdue charge if you have forgotten to pay it on time for the first time.

Manage your debts

If you see that you have more debt than what is comfortable, think ahead and plan out how you will repay it or at least reduce your debt. Devise a way to pay more than what is required of you so that you will have a reduced payment schedule. Prioritize the card that has the highest interest rate. Do not bring your credit card always when you go around since temptations abound.

Don’t bite more than you can chew

As the saying “don’t bite more than you can chew” goes, do not spend more than you can afford. True, a beautiful gold bracelet may be enjoyable to wear but its price tag may mean paying a lot for the next months. If you are bent to save money when using your credit card, unnecessary items like jewelry and the like should be at the bottom of your considerations.

Finances

Save Money on Groceries

Saving Money is one hard task. There are lots of things to be considered, primarily on how to budget your cash on hand so that ideally you can manage to have excess left money at the end of the month. Budgeting is really a pain in the neck. Allocation of electric bills, water bills, phone bills, etc. are just few of the many things being considered on how to utilize your cash wisely. Food is no exception. We have to have it, so we prioritize the budget to our money, reducing the money spent without sacrificing the food allocation. We mainly buy necessities in groceries. It helps if you list the goods you have to buy together with their prices (if possible, or a rough approximation) so that the budget allotted for food is about what you spend, or less, of course. If it going to be more, then you could trim down your list or think of a cheaper alternative. Here are some tips.

– List goods that should always be found in the kitchen. Examples of which are coffee, milk, sugar, soy sauce, vinegar, salt, onion, garlic. These goods are necessary, so they are always being bought.

– Plan your weekly meals ahead of time. This means you avoid overspending on goods or missing some ingredients that are needed. This would not just clear your worries but it would also save your time.

– Don’t buy branded goods; instead choose a product that has the same quality of those expensive goods. You’ll get the same benefit without spending more.

– Buy goods that have dual purpose. A good example of which is mayonnaise. You can use it as a sandwich spread or make macaroni salad instead. In a way, you could enjoy eating both without spending too much.

– Buy less expensive cuts of meat. List recipes that the cuts won’t matter. At least, you won’t be sacrificing the taste of the food and at the same time you’ll have the chance to buy a larger quantity.

– Pay in cash. You might be tempted to buy unnecessary goods. This would avoid you from going over your card limit.

– Try to be inventive and creative at the same time. Leftovers could be precooked in a way that it would look appealing again to your appetite.

– Bring some snacks whenever you travel. This could be good relief for your hunger and reduces the chances of being tempted to stop for a snack on the way which can really blow a budget.

– Keep a list of prices of goods you always buy. At least, with those products you’re sure of how much you’ll be spending.

– Shop only once or twice a month. In that way, less time will be spent on going to a grocery store and at the same time, chances of overspending will be minimized. However, you may have to go more often to stock up on fruits and v.

Weight and Diet

Atkins Diet and Carbohydrate Cravings

Carbohydrate cravings are difficult to deal with for just about everyone, especially when you are trying to maintain a low carbohydrate way of life. However, carbohydrate cravings are not just a matter of will power. As Dr. Atkins points out in his book, carbohydrates produce a flood of insulin and a rise in blood sugar. There is indeed a physical trigger for carbohydrate cravings, and it is one of the reasons that it is so easy to develop a high-carbohydrate, low protein way of eating.

There are many signs of physical carbohydrate cravings. You will experience a compelling hunger for carbohydrate rich foods. Overtime, you will develop a growing need for starches, snack foods and sweets. Additionally, you may experience cravings and weight gain after using some of the carbohydrate act-a-likes such as sugar substitutes and alcohol.

High carbohydrate foods are everywhere, which makes the cravings even harder to overcome. Eating the high-sugar, refined starch foods will feed your cravings and create more, much like a drug habit. In fact, high levels of carbohydrates produce high levels of the brain chemical seratonin, which is the chemical found in Prozac and other anti-depressants. So eating high levels of carbohydrates is self-medicating. People with low levels of seratonin are prone to using carbohydrates like a drug.

Tension and stress can also lead to overeating carbohydrate-laden foods. When we are tense, the adrenal gland creates more cortisol. Cortisol is a hormone that stimulates production of a brain chemical that causes carbohydrate cravings. It also stimulates insulin, which leads to blood sugar dips and more fat storage.

Considering all of these factors, it may seem impossible to live on a low-carbohydrate diet. However, following the Atkins plan is one of the best ways to break the cycle of carbohydrate addiction and take back your life and your health. The Atkins plan helps you take control of your cravings and rid yourself of years of damage caused by eating too many carbohydrates.

While on the Atkins diet, you may experience some carbohydrate cravings from time to time, especially during the initial phases of the diet. However, these will lessen as your body becomes more used to eating a protein-centered diet. In order to keep your cravings in check, eat small meals or snacks that contain protein every few hours. This will keep your blood sugars stable and avoid the “crash” you feel when you go hungry. Skipping meals will cause drops in blood sugar and leave you craving sweets.

Protein and fat, which are the focus of the Atkins plan, will give your body extended energy. Make sure you are getting enough levels of the essential fats. Sometimes an Omega 3 fish oil supplement will help stave off carbohydrate cravings.

Cravings for foods can sometimes be caused by dehydration. It’s a good rule of thumb to drink a glass of water before reaching for any type of snack. Sometimes thirst can mask itself as hunger. When your body is properly hydrated, it will run more efficiently and you will see a decrease in cravings.
Recognize that there is a physical addiction to carbohydrates that will need to be broken. Don’t worry if you feel overwhelmed with cravings for carbs after the first few days on the plan. This is normal. Your body is used to running on a diet full of sugar and carbohydrates. It will take some time to adjust to this new way of eating. Normally, these feelings don’t last more than the two-week induction period. Stay committed to this new way of eating and you will see the benefits quickly.

Finances

Priorities For Family Budgeting

Often times, the family budget is a source of conflict. Most of the time, the major earner makes the final financial decision, which isn’t always a welcome deal for the rest. Since money is such an intrinsic part of family life, families need to achieve accord in this aspect. There is a four-step cycle in budgeting the family money to maintain peace and harmony.

1. Set your priorities.

Priorities are different from goals. They are aspects in your family’s life that you, as a family, want to set focus on, say health or children’s future. While goals are specific targets that support priorities.

In setting priorities, do not set too many as it defeats the purpose. Ideally, there should only be one, but because life is not ideal, 2 to 3 are reasonable.

As the priorities are set and agreed upon, write them down. Post the paper where everybody can see them to remind them of what your family is focused on for the next few years.

2. List down your goals.

Once the family has set and agreed on priorities, the next step is to set the goals. Goals are specific and measurable conditions that, when achieved, will support the priorities.

In setting goals, establish a target that is both challenging yet achievable. A 10-15% of the family’s income is a good savings target for a child’s future education: stretching yet reachable.

Try to limit your family into setting 1-2 goals per priority, to maintain focus.

3. Work towards your goals.

After setting your priorities and goals, start living by them. All of the family’s activities will be geared towards working at your goals. Track progress, particularly on financial goals, by using an income and expense-tracking tool. The simplest way is to get a notebook and list down all expenses and incomes and set a budget for future spending. There are those that invest in computer software or a family accountant. Whatever it is, the important thing is to have a system of monitoring the family’s performance towards achieving their goals.

4. Evaluate your family life.

At a certain point in time, when you feel like it’s time to evaluate your life, check how your family is doing against the goals. Goals that have been achieved can be checked off the list, and new ones can be formulated.

At times, in major changes, say a career move, or when a family member goes away, it may be time to re-evaluate priorities. When such a time comes, then the cycle begins, just like what it’s for: life!

Relationships

Improving your Personal Life Takes Courage

When you build up your courage, you start to improve your personal life. Building courage will help you take risks to a brighter future that you ordinarily would not take. When you build courage, you put fear behind you. Courage is the process of admitting that you have fears, yet you are willing to find a way to defeat those fears and not allow these fears to take control of you. It is okay to experience your fears at appropriate times. For instance, if a bus is heading in your path, swerving you have a right to fear. There is nothing wrong with healthy fear. The problem is you have to put healthy fear in its place and unhealthy fear out of your life.

Once you build courage, you will learn to self-direct you in life. You will learn to accept punishment and rewards gracefully. A courageous person will often feel motivated to accept blame and responsibility while reviewing their actions and using what they learn to move forward. Courageous people will step to the front, rather than stepping back when opportunities come their way. On the other hand, a courageous person will step back and take a view at his or her mistakes gracefully.

Sometimes the courageous person is spontaneous. It is never good to plan each day, because no one knows what the next day will bring in. Think about it. How many times have you planned something all to see it shatter in your face the next day. For instance, I plan to go to the ball game tomorrow. Come tomorrow a blizzard, hurricane, tornado, wind storm, or rainstorm could change your mind. You planned, but you didn’t plan for the weather. Did you make a backup plan in case your first plan failed? As you can see, planning is not always in your favor, which is why courageous people are sometimes spontaneous.

A person willing to improve their life will relax. This person will relax even when plans fail. For instance, if it stormed the next day the person will find something else to occupy his or her time and feel just as happy about joining this adventure.

To become successful and improve your life you will need to learn how to trust you. When you trust you, you can trust others as well. Unfortunately, we live in a world where trust is hard to find, yet when you trust you, you can’t blame others when things go wrong. Of course trust is an important part of the dating scene, so before you can date successfully, you need to work on trusting yourself and your choices in life.

Improving your life includes using your creative and critical mind. When you can create new ideas, you are off to the road to success. You have many options in this world, it takes you to pull up resources to find those options.

Sometimes in life, we feel uncomfortable. In fact, this is common. Are you willing to accept your discomforts? Perhaps at an interview you feel misplaced. Are you willing to accept this discomfort and find a way to deliver a good speech to impress the interviewer. Alternatively, are you willing to allow negative energies to creep in and cost you the job.

Do you accept?
Do you accept the things you cannot change? Do you accept the things you have control over? Do you accept other people regardless of how these people act? Do you accept you for who you are? Do you accept the changes that life brings your way?

Acceptance is your key to happiness. When you can learn to accept the good with the bad, you can learn how to live happier and improve your personal life and your relationships. If you cannot accept however, well, reread this article again!

Finances

Saving Money on Food Costs

Thinking of cutting down your expenses on food? Then you should read the following tips. They will surely help you on reducing your food expenses. They are by no means comprehensive but they will be very useful.

For coffee drinkers

It is a good idea to re-use the grounded coffee once. Using coffee grounds two times or more will not greatly affect the taste of the coffee. It is highly encouraged to do this using a filter that is permanent and avoid the paper variety. Keep the grounds refrigerated until using it the following day.

For bread lovers

Grocery stores sell bread that was made the day before at a much lower price. There is nothing wrong with eating bread that was made the day before since it still is good to eat. If you have a lot of space in your refrigerator, store a lot for bigger savings. If you will eat the bread, you can defrost it using your microwave oven. Re-heat it every 30 seconds to prevent the edges of the bread from getting too hard.

When buying from the grocery

Before going to the grocery, you should have already made a list of all the things that you really need. Prioritize basic goods and avoid buying things that you do not really need. Observe the prices indicated on the displays. Remember, branded products cost considerably more than store brands. It is also a good idea to keep the receipt of your previous trip to the grocery and make it as a basis for your purchases on your next trip. To have higher savings, buy more of the product. You can always store it in your refrigerator or in the house to minimize your trips to the grocery store.

When eating outside

If you are going to eat in a pricey restaurant, the best time for you to go there would be during lunch. Food during lunch usually costs less and this will be to your advantage. When staying at the hotel on your trips, it is a good idea to check if they also include breakfast in your total room charge. You should also find out where the locals eat. Chances are, they will eat where the food is great and the price is even better. When going around, carry with you some snacks. A chocolate bar, chips, and cookies will go a long way while strolling around.

Eating cheaply does not necessarily mean eating bad food. Look around and you will be surprised at the options you can choose from. Take time and consider your choices so that you will not only eat a lot but save some money also.