Showing posts with label Financial/Finances. Show all posts
Showing posts with label Financial/Finances. Show all posts

Sunday, January 29, 2012

3 Ways to Cover Your Medical Expenses

There are things you can financially plan for in life such as having a baby, purchasing a home, or buying a car. Rarely do people plan for medical emergencies or medical expenses. Not planning ahead such expenses often leaves many people struggling to come up with the necessary funds to cover medical procedures or medical expenses.

If you have found yourself in a position where you need to come up with the money to cover your medical expenses or procedures, the following are three ways you can come with the cash you need.

Payday Loan Centers

Payday loan centers are a great resource for people who need cash quickly. Payday loans allow you to borrow money when you are in between paychecks. You will have to pay interest on the money you borrowed, but it is a great way to get money fast.

Applying for a payday loan is easy. You will be required to show a valid ID, proof of income, and depending upon the payday lender you may have to provide references. Most>payday advance lenders will typically approve you for a loan within 24 hours of receiving your paperwork and loan application.

No Interest Medical Credit Cards

Some credit card companies are offering a credit card that can only be used for medical expenses. You apply for the credit card like any other credit card, and will be given a credit limit for your medical expenses. Doctors and healthcare providers can put in applications to the credit card company to raise the credit limit if the medical procedure or expense exceeds the credit limit on the card. People who put medical procedures on this credit card will have up to a year to pay off the balance before they are charged interest.

Selling Personal Items

Selling personal items through a pawn shop or website like eBay can help you get the money you need to cover your medical expenses. Depending upon the items you are trying to sell you can get hundreds of dollars that you can put towards a medical procedure or medical expenses.

Popular items to sell include:
• Video Games
• DVDs
• Computers
• Clothing
• Books
• Old Toys
• Other Electronics such as TVs, DVD Players, and eReaders

Encountering medical expenses that you haven’t financially planned for can be frustrating and stressful. Applying for a payday loan, selling personal items, and using a no interest medical credit card, can help you come up with the cash you need to cover you unplanned medical expenses.

Monday, January 9, 2012

New Independence, New Responsibilities: A Guide to the First Few Years on Your Own

There are few times in life more exciting than when you leave home to attend college and begin your career. This is a time of freedom that is unmatched in any other time of life. After you begin work and find a partner, the rest of life seems to be set for you. But this is a time that you can learn, grow and enjoy everything that life has to offer. The only little down side seems to be getting a grasp on your finances.

Learning to Set a Budget

Life isn't as easy as many moms and dads make it look, because they've had two or three decades more experience than you. But many of the things they're telling you are right. You need to set a reasonable budget and learn to stick to it. In time, you will build savings and credit. Until then, you have to learn to do without a few things you'd really like. When an emergency creeps up, use options like Mobiloans to get your life back on track.

How to Make a Budget

Figure up your net pay. This is how much you bring home each paycheck after taxes, insurance and other deductions. Then add up all of your monthly expenses. List the most important things first. Subtract what you have to have to live each month from what you earn, and this is the money you have to use at your discretion.

Using Discretionary Money

You probably have a lot of things you need and even more things that you want. Make a list of your priorities and spend your extra money where it really counts. It may be worth it to you to skip eating out and spend your money on art supplies or car parts. This is part of being an adult, and there is nothing wrong with making sacrifices in one area to enjoy another, as long as the bills are paid and you are eating regular meals.

In the Long Run

It is important to remember that the freedom of this time of your life does come with a price tag. It takes time and experience to build wealth. Set a small amount of money aside each week to build a savings account. Use credit wisely and don't take on a monthly car payment or high rent payment that you aren't going to be able to make. Above all, be patient. Your parents probably didn't own a home the day they graduated, either.

Tuesday, December 27, 2011

Students of the Class of 2011

College students have a multitude of exciting opportunities at their fingertips during their educational experience. Studying abroad, joining clubs and other extra curricular activities, and making friendships that can often last a lifetime are just a few options that college co-eds often enjoy.

Learning about Other Cultures

Image courtesy of Flickr

Studying abroad is a very exciting and enriching program that offers students the opportunity to learn more about other cultures while living in faraway countries. Communication skills, language studies, and diversity are just a few things that can be learned and perfected while living in the heart of another culture, which can often result in more marketability when looking for a career path. However, getting the cash to pay for these experiences can seem difficult.

Grants Are the Best Option for Those Who Qualify

Those who qualify for student grants and scholarships should select this option, as these do not have to be paid back. The Rotary Foundation has a program called Ambassadorial Scholarships, which provide money to students who are studying abroad. Any funding should be started at least a year prior to the anticipated date of departure, as these can take awhile to process.

Studying and Working Abroad

Federally funded loans can also be used to pay for studying abroad, as long as the college or university is listed on the Federal School Code list, available through the U.S. Department of Education. Private loans can typically be used for these expenses as well, since the student will be enrolled in classes and is using the experience as education. Some students elect to seek internships in foreign countries, which provide excellent work experience and even may result in some income.

Costs Continue to Increase

Image courtesy of Flickr

This year, college students can expect to pay the highest costs towards tuition, housing, and textbooks than students in the past decade. This can be attributed to an economic recession, which leads to increase in tuition as well as higher cost of living and rent. Those who have to take out loans to pay for education may be wary of doing so, since the job market is limited and obtaining the funds to repay the loans might be tough in the coming years. There are options to cut costs while studying, such as renting textbooks instead of buying them each semester or purchasing and downloading electronic books to save on printing costs.

Paying the Bills

For students who are working and need a little extra to make ends meet one month, payday installment loans are a great option. Choosing this method of borrowing money results in a quick turnaround and funds are in the bank quickly for emergency costs.

Expensive but Worthwhile

College is a great way to gain education and life experience, but it can be very expensive for students footing their own bills. Choosing options that provide more money with lower interest or no requirement to pay the money back can be very beneficial.

Friday, December 23, 2011

Great Reasons to Obtain a Personal Loan

Personal loan companies are growing across the Internet, and many people are turning to these lenders instead of the usual bank loans and cash advances. While some personal loan companies require a credit check, many lenders on the Internet don't bother, and you can generally receive more money than a payday loan. Because of the easy application process and instant approval, getting a loan has never been easier. Here are several great reasons to apply for a personal loan.

Debt Consolidation

For those with debt in a variety of places, taking out a personal cash loan is a great idea to consolidate your debt so your debt is held within one loan with one interest rate. By using the money you receive from your loan, you can pay off your debt to your credit card companies, or any other debt you have, and be able to keep track of it better. Plus, personal loans generally have lower interest rates than credit cards.

Build Your Credit

Taking out small personal loans that you can easily pay off can build your credit, whether you don't have any credit yet or are looking to increase your credit score. Many people prefer this option to credit cards because of the lower interest rates and that you don't have to worry about overspending, which is usually the problem with credit cards.

Car Repairs

Nowadays, having a means of transportation is a necessity. In order to get to work, you need your car in good working condition. If your car broke down and you don't have the cash for immediate repairs, consider getting personal cash loans so you can get your car fixed quickly. Plus, the money is usually transferred into your checking account by the next business day, so you don't have to wait around to receive it.

Medical Expenses

Life is full of uncertainties, so you can't really tell when or where you'll figure in an accident. If you're tight on cash when an accident happens, you need emergency funds for your expenses. You can't run away from medical expenses, so taking out a personal loan is probably your best option. With several months to a few years alloted to pay off your loan, you don't have to get stressed with payment problems; you can just focus on taking care of yourself or your family.

Additional Uses

In reality, you can use your personal cash loan for just about anything. While some loans like student loans, can only be used for a specific purpose, personal loans can be used depending on how you see fit. When you need emergency cash for your medical bills, car repair, or just want to pay-off your other debts, don't forget to consider taking a personal cash loan.

Tuesday, September 28, 2010

Broke and in Trouble? Don't Forget About Debt Consolidation

Everybody's had money troubles at some point. It's completely normal, especially when you're young and just learning to handle your money. You can also run into trouble even when you're older - like when the economy tanks and all of a sudden you don't have the good job that you were used to. You were counting on that job to pay your bills and suddenly your hours have been cut or you've been laid off. You may be able to get another job, but will you make the same amount of money? Often, you won't. You'll get paid a lot less, but your debt won't come down along with it. So, what do you do?

If you're in that situation, don't give up. It may be frustrating - and even a little bit scary - but getting depressed and giving up on things is never the answer. Fortunately, you can go and see about debt consolidation. It's a great way to get help, and a lot of people do it. Some of them go because they've been careless with their money, but others go through no fault of their own - like when the economy goes bad and they lose their job.

Don't be ashamed to go to debt consolidation. It's a great way to end up with just one payment instead of a bunch of them. You'll know exactly how much you have to pay, you'll have only one (usually lower) interest rate, and you'll know how long it will be until your debt is paid off. If you can pay extra that's great, but you don't have to. Just making the minimum payment will get you out of debt in a reasonable amount of time, provided that you don't do anything to get into more debt. Put away those credit cards and see someone today about debt consolidation.

Tuesday, May 25, 2010

School Time Once Again

Since I don’t have any kids going to school, I don’t feel the pressure that every parents are having right now that another school year is about to unfold. I just saw my sisters-in-law preoccupied with their children’s enrollment at school. In fact, just last Monday, my SIL bought already books after she enrolled her daughter. Since SIL is working and earning, she didn’t opt to use her payday advance for the enrollment fees but I promised her that I will be the one who will buy school supplies for her daughter and son so that it will take some load off to their finances.

My niece already knew about it she’s been telling me to get her a Sakura notebooks (her fave cartoon character) and pencils. She's not going to buy school anymore because her uncle gave her a Barbie one as a gift on her 7th birthday last May. I bet she’ll be excited to buy her school things probably this weekend or early days of June.

Monday, May 24, 2010

I Feel so Blessed

I’ve been busy these past few days and work seems to be doing great. With all the blessings that I’m getting right now, I’m very blessed and so very thankful of what I’m receiving. Not all days are the same but when work pours, all I have to do is to focus so that I can do all of them. It’s pretty hard if I’ll neglect and be choosy because there’ll be time when work will not coming.

Anyway, I just wished that many people will be blessed as well so that we all have money to pay for our bills. I know it’s not easy to look for money when nothing is coming on your pocket. Others will find themselves inquiring about payday advance when they think they have no other option but to do this. There are now companies where you can get instant cash when you need it on emergencies.

Tuesday, March 9, 2010

So Precious

With the economy slowly picking up and other employees regaining their jobs as well, it's not unusual for people to still tighten their belts a little bit more. These days we can never indulge in too many things that we don;t really need most especially when you have kids and whole family to support.

I can only salute those homemakers that really are saving and penny pinching for they know there are more other things important. There are also some who are investing their money hoping to earn more. Others venture to buy gold bullion and the like since gold have been known to have good value overtime. In fact, gold are so precious that you can store them over time and they will have good value.

Wednesday, February 3, 2010

Spending ...

I can say that I’m a bit frugal but when I really wanted something, I save hard for it. I also see to it that my things are kept safely and I know if someone gets it without my permission and it that happens they (my family) can really hear words from me. I can also say that I spend my money wisely, thinking many times if i needed that item or not but of course like any other person I have also my impulsive behaviour. There are instances when I’m at the mall and saw something that makes my heart beats fast. I tend to buy it on impulse and later on regret it.

I love bags and clothes but not much on shoes. If only I have more money I would also like to gold or perhaps buy gold bullion as an investment. We all know that gold’s value rises as time pass by and I reckon that is good investment.