Smart Banking Guide

June 11, 2009

Insurance, how to take control of your finances continued

Filed under: money — Tags: , , , , , , , , — DodoLovesMe @ 8:36 pm

Income Protection Insurance

Life assurance covers the family against death and total disability but it is possible that the breadwinner could contract a long-term illness such as hepatitis or have an accident which is not covered by workers‘ compensation insurance. The cover for death or permanent disability would be of no use as it would not then be available, but there is likely to be very little income. Unemployment benefits are not large and they can take a few weeks to become available — but the bills still have to be paid. The role of income protection, disability and accident insurance is to safeguard against this possibility. (more…)

Insurance, how to take control of your finances

Filed under: money — Tags: , , , , — DodoLovesMe @ 8:31 pm

Here is to show you how to take control of your finances and live as prosperous a life as your circumstances allow. I have stressed that, as a general rule, success or failure does not come in one sudden burst. It is more a succession of small things done, or not done, which makes the big difference over a long period. (more…)

June 4, 2009

Watch Finance Company Credit Lines

Filed under: Credit Card, Interest Rate, Overdrafts — Tags: , , , , , , , , , , , — DodoLovesMe @ 6:37 pm

Some finance companies and large retailers often offer to finance goods on hire purchase with catchy slogans and seemingly easy terms. Watch out for this practice. This is often a very expensive way to finance the purchase of goods that will eventually lose their value. (more…)

Credit Cards, Borrowing For Consumables?

Filed under: Bank Accounts, Credit Card, Interest Rate, credit — Tags: , , , , , , , , , , , , , — DodoLovesMe @ 1:24 pm

Credit cards have become one of the growth sensations of this country since Mastercard and Visacard were introduced in the early seventies. They are the new super weapon in the never- ending attack on your rand and represent a bigger threat to your money tree than a plague of locusts. Living within your means is a constant battle — credit cards make it much harder. (more…)

May 23, 2009

Save your identity, have Credit Report

Filed under: Bank Accounts, Credit Card, Internet Banking — Tags: , , , , , , , , , , , , , — DodoLovesMe @ 6:09 am

A credit report holds the most personal and vital information anyone can have. The information contained in the report influences crucial decisions on loans, insurance coverage, employment—even housing. (more…)

May 18, 2009

May 17, 2009

Ways to Cut Your Spending

Filed under: money — Tags: , , , , , , , , , , — DodoLovesMe @ 10:22 pm

There are plenty of areas where variable expenses can be cut. Why not get together with some other people who need to reduce their expenses (there are plenty of them) and discuss ways to do it. Every change of habit needs constant reinforcement and group sharing is a very powerful way to help each other’. (more…)

May 8, 2009

Bills/Credit Cards/Checks, Girls Credit Safety Tips

Filed under: Bank Accounts, Credit Card — Tags: , , , , , , , — DodoLovesMe @ 10:41 pm

Smart Banking Guide

  1. Do not have any of your bills sent to your home. Always list your post office box as your mailing address. An even better solution is to pay your bills online—but do it safely. Companies like Paytrust or E-bills are great solutions for paying your bills securely and on time. If you have a personal accountant, discuss the possibility of setting up a system to have your bills sent to and paid by them.
  2. Do not list your full name on your utilities, credit cards, or personal checks. Always use your first initial and last name for bills and credit cards. If possible, use a company name or trust. Use an initial and last name or company name on your checks, and make sure to use your post office box or accountant’s address. There is no need to put personal numbers like telephone, driver’s license, social security, or any other private piece of information on your check. Think about how many people come into contact with that check before it gets to the bank.
  3. Do not list private contact information on credit card or utility applications. Once again, your address should be your post offic box, your bill paying service, or your accountant. The phone number should be your cell phone or work listing.
  4. 4. Do not fill out random credit card duplications that you get in the mail. If you want a credit card, go to your bank or call a company directly. Filling out forms that require extremely personal information such as Social Security and bank account numbers should be done in a secure environment with a bank clerk or account manager.
Older Posts »

Blog at WordPress.com.