How to Avoid Buying Unnecessary Things When Going to the Grocery Store?

Money is cruel, but food is even crueler. Have you ever noticed that 50% of your grocery bill comprises of other items like shampoos and detergents, and rest of the 50% comprises of food items. Do we really eat this much? Actually, no! We do not eat this much but we do crave for this much food. After all, we cannot resist buying those boxes of chocolates placed in the racks near billing counter, or extra boxes of cookies placed just next to the milk rack, because drinking milk without cookies sounds vague. This is not simple craving. This is consumerism: tactics used to convert desires into needs and persuading wishful thoughts into commercial purchases using psychological techniques. However, even while knowing this, you will end up with 50% food items or sometimes even more on your grocery bill. Following is a practical guide to help you avoid buying unnecessary things from food to other items while buying grocery items.

Always Create a Plan for Groceries

Planning for groceries may seem impractical to some people. In US and Scotland, a majority of the people buy groceries once a week. In England and Wales, people buy groceries twice a month. What happens when you go to the grocery store twice a month or once a week? You end up buying extra goods so that you do not run out of the stock until your next grocery trip. You need to plan the grocery trips.

  1. Check around the town to find out the grocery deals. Do you know that many grocery stores clear their monthly stock at the end of the month and sell goods at around 15% off?
  2. Always plan only one visit to the store per month.
  3. Make a list of items. The list should look like this.
Bathroom Laundry Kitchen Cosmetics Other
Hand wash – 2 bottles Detergent – 1 pack Whole wheat flour – 2 packets Deodorant for men – 1 Extra towels – 1 small and 2 large
Shampoo – 1 antidandruff small and 1 color sustainer large Fabric Softener – 1 small White rice – 1 packet Hair spray – 1 small Storage basket – 1 medium
Hand sanitizer – 1 small Stain remover – 1 small Mixed herbs – 1 small packet Hair brush – 1 Window cleaner – 1 small

  If you purchase similar grocery items ever month then make a list on MS Excel. Print many copies and use them to create your list for this month. For bathroom goods, go to the bathroom and check every item. If you believe that the item is enough for whole month then deduct it from the list. Similarly, go to the kitchen, and so on.

Stick with Your List

Always buy only what you have on the list. As mentioned earlier, the grocery stores put snack racks closer to the billing counter so that people pick them while their bill is being prepared. These items add at least 5% extra goods and money in your bill.

Visit With a Full Stomach

You crave when you are hungry. Consumerism targets your craving, and not hunger. Simply, eat your fill before visiting the store so that you can control your craving, and hence, the bills and grocery items.

Posted in Finance | Comments Off on How to Avoid Buying Unnecessary Things When Going to the Grocery Store?

Should Logbook Loans Be Called the Perfect Loans?

Are you looking for a quick fix to your cash problems? Are you in search of the ultimate lending option?

For people with bad credit, there are not a lot of options, really. Many banks and other reputable lenders prefer borrowers with impeccable credit credentials because lending to people with poor or no credit can be risky for a well-established institution.

This is why a lot of the people continuously search for alternative lending options. And many, who do, end up stumbling across logbook loans – a secured lending option in which you keep your car as collateral to borrow quick cash even if you have bad or no credit history.

The logbook dilemma

When it comes to getting logbook loans, coming to a final judgment about their suitability isn’t that easy. On the one hand, logbook loans are becoming more and more popular as a lending option. On the other hand, financial experts warn people about high interest rates and the potential risks that come with a logbook loan. This puts many of us in a tricky situation.

Therefore, let us analyse some of the pros and cons of logbook lending. By doing an in-depth analysis of some of these positives and negatives, we can assess whether or not logbook loans are your perfect lending options.

The good

Bad credit doesn’t matter: One of the most attractive features about logbook loans is the no credit check policy a lot of the lenders follow. This is because, unlike many of the other bad credit lending options, logbook loans are a relatively secure investment for the lenders. In case you don’t pay back, they can sell your vehicle to recover their money. So, you can borrow money even if no one else is willing to lend you some because of your credit score.

The bad

Failure to repay may cost you your vehicle: The whole point of a logbook loan is that investors prefer it because it’s secure. And it’s secure because your car is the collateral. The lender will not sell your vehicle right away though. They’ll usually wait for a few months and if you fail to pay up after several notices, only then will they resort to the extreme option. But that’s not necessarily a good thing because the interest for all those months combined with the original amount would mean you’ll have to pay back much more than you received.

The good

It’s a quick and easy borrowing option: One of the reasons many people prefer logbook loans is that you don’t have to wait much for the approval. With the increasing popularity of logbook loans, the number of lenders is increasing every day. And with so much competition, each lender aims to offer a faster approval process and lesser delays.

The bad

Unbelievably high interest rates: All good things come at a cost. And the cost for taking out a logbook loan is huge. Interest rates are high even compared to some of the other alternative lending options for people with bad credit. The average Annual Percentage Rate (APR) for a logbook loan is somewhere around 400 percent. We’ll let you take a moment to consider that before you make your choice.

Posted in Loans | Comments Off on Should Logbook Loans Be Called the Perfect Loans?

Why You Should Get Personal Injury Insurance?

Getting personal injury insurance is only for your own benefit. Personal injury insurance is a type of insurance coverage that will cover the damages if you are ever to be in an accident. Every month you will have to pay a monthly premium which never changes. If you ever get into an accident, you will get cash benefits and your family will also be provided in case of a near death accident or even death. This insurance is available for you and your family almost all over the world.

Benefits of Personal Injury Insurance

There are many benefits that you gain from getting a personal injury insurance. A lot of people believe that if you already have health insurance, you don’t need personal injury insurance, but this isn’t true. Health insurance is known to have limits and deductibles, but if you also have personal injury insurance, it might your health insurance if you are ever to be in an accident. Having personal injury insurance also helps with covering other payments along with medical and hospital bills, such as:

  • Funeral Expenses: Even though at such a tragic time, nobody wants to think about costs, but funerals are expensive and someone has to deal with the costs. By having personal injury insurance, and if someone in the family dies, the insurance will help the family pay for the expenses of the funeral.
  • Income Extensions: If for some reason you have had to take some time off from work and that has lost you some money, your personal injury insurance can actually compensate you for the lost wages, which is a huge advantage for people who really need the money. 
  • Services Lost: If your injuries are extremely severe which has caused you to stay in bed or not move around for a temporary period of time and you are not able to take care of your family and kids, your personal injury insurance can help you pay for the costs for someone who can help around with taking care of things at home for you. 
  • Rehabilitation Expenses: Your personal injury insurance will also cover the costs of any treatment, rehabilitation and therapy that is required for your accident injuries while you are in the hospital.

Anyone who is between the ages of 18 and 69 years of age can apply for personal injury insurance. It is better if you are someone who is employed or even self employed and would like to keep your earnings protected or in case of an injury emergency, you want to have some kind of financial protection. There are some occurrences where people will not get covered by their personal injury insurance when the situations are something such as:

  • If you are injured due to your sickness or disease
  • If you expose yourself to danger
  • If you try to commit suicide or hurt yourself
  • If you get injured while trying to commit a crime
  • If you get injured while you are on drugs or under the influence of alcohol
Posted in Insurance | Comments Off on Why You Should Get Personal Injury Insurance?

Out and about

Anyone who’s thinking about traveling should really stop pondering and start taking action. Before I left to travel Asia, I was worried about all sorts of stupid stuff that never came to fruition. Thinks like, will i need hiking boots, will i need malaria tablets, etc. The truth of the matter is, I could have easily left my residence in the US and traveled to Asia with nothing more than a back pack and some money.

Don’t bother going to a travel agency either. They will try to tie you into all sorts of deals. They’ also try to convince you that their deals are convenient as you’ll be able to change your flight schedule for only $50. The fact is… you’ll never want to change your flight plans–period! It just doesn’t happen. So why pay for expensive flights, when you can just turn up to an airport… any airport… and find a last minute deal for fraction of the price?

You’ll soon learn to make your money go as far as possible. After all… that’s kinda what it’s all about–as soon as you run out of money… then you’ve gotta come back home… so make it last as long as possible.

Last minute accommodation is abundant in Asia. Much like your flights… don’t bother booking accommodation ahead of time… unless you’re going to arrive at your destination late at night. Just ask a taxi driver that you’re looking for somewhere to stay and they will drop you off somewhere suitable. Although… be careful as some taxi drivers get commission for taking travelers to certain destinations… which may compromise the quality of what is offered.

Stick to local food. When you’re in rural areas… locals try to offer food to please western pallets… but they may not necessarily now how to keep, prepare or serve it. Just stick to eating what the locals eat… and you wont go far long. In Asia i strongly recommend you avoid dairy products. Refrigeration standards and technology can be a bit… old… so it is entirely possible that frozen dairy products, for example, have not been stored correctly. This can make consumption very dangerous…. so if you want to stay healthy on your trip and not end up in a hospital for several weeks–avoid!

Most places that cater for travelers are pretty safe at night. However! Always ask your accommodation provider for their advice as some places can present risks. Theft in some places is common place. The robbers in Asia don’t mess around… so you could be seriously hurt if involved in an incident.

Posted in Blogging | Comments Off on Out and about