Many people work away from their home countries. Using the mobile or any operator assisted phone calls to call home is not cost efficient.
There are cheaper alternative ways to do this. Depending on your preferences, you can use a phone card, voip or skype
Phone cards are the most convenient and easiest to use. Here is an example of one of the websites on phonecards. Do a search on google and you will find plenty. Alternatively, you can also get phonecards from most newsagencies and post offices.
http://www.onlinecallingcards.com.au/
What is Voip
http://en.wikipedia.org/wiki/VoIP
What is Skype
http://www.skype.com/intl/en/
Saturday, January 12, 2008
Monday, January 7, 2008
Save by shopping at Amazon
With competitive pricing, shipping specials and used titles.
Use link "Find everything at Amazon Here! " on left column of blog.
Use link "Find everything at Amazon Here! " on left column of blog.
Sunday, January 6, 2008
CPA Articles - Creating Good Money Habits
Here is the link to CPA's Creating Good Money Habits,
Click Here!
You may find other articles that are helpful in the CPA webiste. Just Click Here! and do a Search on the topics that interest you.
Click Here!
You may find other articles that are helpful in the CPA webiste. Just Click Here! and do a Search on the topics that interest you.
Savings Tips
In the world where people stress on capital growth, Savings is often an underestimated and powerful tool.
It is true that significant profits are pocketed during times of extreme good capital growth. However, one should understand that there are risks involved in holding capital items vis-à-vis savings which is risk free. For example, capital items can also lose their value during times of poor economy. Or, you may find yourself in a situation where you had to liquidate the capital item for less than what you paid for it.
Here are 4 Tips to Save Money
Many people’s wages just enough cover their living expenses, like rental, car and personal loans, and groceries. However, if you are seeking financial security, you have to acquire more money than what you spend – so that you can put this money in an investment in a business or in other ventures that can propel you to financial freedom. To be able to do this, you have to start developing saving habits early in life.
Here are some pointers regarding saving money:
1. Earmark a minimum amount to be saved. Savings are not meant to cover bill payments should one fall short of cash. They are intended for financial security. A little savings, in time, will become big; and it can be used as investment capital to earn more. Question: “Where will I get the cash I need should I fall short of it?” The answer: “Find other means of earning extra income, say a weekend part-time job. Any excess cash from one’s part-time job can be added to your savings.
2. Shop only for necessities, and restrain from impulse buys. Think first before you purchase. Separate the have to have from the nice to have. It will pay dividends later. Don’t fall prey to bargains not needed. Restrain the use of the credit card.
3. Review your lifestyle. Change or scale down habits that seem to be extravagant. For instance, you do not need to go to the top hairstylist, or go eat at expensive restaurants. Try to look for value for money. Take the bus or train when possible, instead of driving as you can save on gas, parking fees and highway toll charges. If you must drive, try car pooling with officemates or neighbors to cut down on these costs.
4. Monitor your regular monthly bills on utilities like electricity, gas, water, and telephone and constantly challenge yourself on which areas you can save. For example, it is quite common nowadays to own hand phones, so is your land line necessary? Also, water from the washing machine can be used to water the lawn.
It may take a while to get adjusted to a lifestyle in the “savings” mode, even to the point of “little sacrifices.” Adapt a gradual, progressive change to save to lessen the impact of adjustment from the lifestyle one used to be accustomed to.
It is true that significant profits are pocketed during times of extreme good capital growth. However, one should understand that there are risks involved in holding capital items vis-à-vis savings which is risk free. For example, capital items can also lose their value during times of poor economy. Or, you may find yourself in a situation where you had to liquidate the capital item for less than what you paid for it.
Here are 4 Tips to Save Money
Many people’s wages just enough cover their living expenses, like rental, car and personal loans, and groceries. However, if you are seeking financial security, you have to acquire more money than what you spend – so that you can put this money in an investment in a business or in other ventures that can propel you to financial freedom. To be able to do this, you have to start developing saving habits early in life.
Here are some pointers regarding saving money:
1. Earmark a minimum amount to be saved. Savings are not meant to cover bill payments should one fall short of cash. They are intended for financial security. A little savings, in time, will become big; and it can be used as investment capital to earn more. Question: “Where will I get the cash I need should I fall short of it?” The answer: “Find other means of earning extra income, say a weekend part-time job. Any excess cash from one’s part-time job can be added to your savings.
2. Shop only for necessities, and restrain from impulse buys. Think first before you purchase. Separate the have to have from the nice to have. It will pay dividends later. Don’t fall prey to bargains not needed. Restrain the use of the credit card.
3. Review your lifestyle. Change or scale down habits that seem to be extravagant. For instance, you do not need to go to the top hairstylist, or go eat at expensive restaurants. Try to look for value for money. Take the bus or train when possible, instead of driving as you can save on gas, parking fees and highway toll charges. If you must drive, try car pooling with officemates or neighbors to cut down on these costs.
4. Monitor your regular monthly bills on utilities like electricity, gas, water, and telephone and constantly challenge yourself on which areas you can save. For example, it is quite common nowadays to own hand phones, so is your land line necessary? Also, water from the washing machine can be used to water the lawn.
It may take a while to get adjusted to a lifestyle in the “savings” mode, even to the point of “little sacrifices.” Adapt a gradual, progressive change to save to lessen the impact of adjustment from the lifestyle one used to be accustomed to.
Saturday, January 5, 2008
Power to Savings ! Some Maths
Savings
Underated, and often overlooked.
Let me do some sums here.....
Assume investment property loan is $300,000 on an $500,000 property. Investment loan interest at 8% is $24,000 a year. Assume value of property doubles in 7 years.
Total profit is $1,000,000 on sale of property less $300,000 loan to bank payback and $168,000 (7 years X $24,000) total interest charges on the loan = $532,000.
Sounds good ?
Compare this with cash savings :
$200,000 put into deposit earning interest of 7% for 7 years compounded = $321,157
$24,000 put away annually earns at the end of 7 years = $207,695
Total profit is $528,852.
Savings is RISK FREE.
Please note no tax strategies have been considered, with this, property investors may get more returns. However, this does not detract from what I was trying stress.
See title of today's blog. Book mark this for more cash tactics to improve your savings .......
Underated, and often overlooked.
Let me do some sums here.....
Assume investment property loan is $300,000 on an $500,000 property. Investment loan interest at 8% is $24,000 a year. Assume value of property doubles in 7 years.
Total profit is $1,000,000 on sale of property less $300,000 loan to bank payback and $168,000 (7 years X $24,000) total interest charges on the loan = $532,000.
Sounds good ?
Compare this with cash savings :
$200,000 put into deposit earning interest of 7% for 7 years compounded = $321,157
$24,000 put away annually earns at the end of 7 years = $207,695
Total profit is $528,852.
Savings is RISK FREE.
Please note no tax strategies have been considered, with this, property investors may get more returns. However, this does not detract from what I was trying stress.
See title of today's blog. Book mark this for more cash tactics to improve your savings .......
Widgipedia
Mood-Me Moji
From Widgipedia, "A Mood-Me Moji actually “reads” your latest blog posting and tries to figure out what your current emotion is and will display that mood immediately. Find out how many emotions ‘lil Moji can understand. He’s quite cheeky too at times!!"
Moji comes free, though you will need to register to get him.
Hmmmm....he has been sleeping all day and I'm not quite sure what he is trying to tell me about this blog ?
Widgipedia has also plenty of other widgets that are worth checking out.
Go to Widgipedia
Alternatively, click on the link below his picture on the left.
From Widgipedia, "A Mood-Me Moji actually “reads” your latest blog posting and tries to figure out what your current emotion is and will display that mood immediately. Find out how many emotions ‘lil Moji can understand. He’s quite cheeky too at times!!"
Moji comes free, though you will need to register to get him.
Hmmmm....he has been sleeping all day and I'm not quite sure what he is trying to tell me about this blog ?
Widgipedia has also plenty of other widgets that are worth checking out.
Go to Widgipedia
Alternatively, click on the link below his picture on the left.
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