Archive for March, 2010
How To Identify The Right Reason Before Buying a House
Mar 28th
photo by: Kavanjin Croatia Apartments
Imposition of service tax (from the next fiscal year) on under-developed housing complexes, as proposed in the Budget 2010-11, will lead to increase in property prices, according to real estate companies. Having said that, I’ve particularly noticed, after the budget, articles in newspapers / magazines refer to a similar line that reads — THE TIME IS RIGHT, BUY IT NOW..!
It is quite understandable that in the current scenario where property prices have risen drastically as much as 25 ~ 30% one of the main reasons of buying a house in an under-construction project was better rates, but with these extra add ons like Service Tax and VAT proposed to be levied — will only increase the cost of the property even further. Also, buying your first house has an emotional connection as well hence it is essential to be absolutely clear about why you are buying a home before starting the process.
Before starting any aspect of the process, ensure that you first get together with your family members and seriously consider this basic question — Why are you contemplating a property purchase?
Typically, there could be 5 reasons for wanting to buy a house: Continue reading “How To Identify The Right Reason Before Buying a House” »
How to Sell Your Unwanted Website for Cash with SiteRedeemr
Mar 27th
Do you have a website or blog that is just lying around but you don’t get to update the site? If that is indeed the case, and you want to get rid of it in a direct manner, SiteRedeemr might be well worth a look. Basically, on the site you can fill in a form and a quote will be put your way.
This quote will vary according to factors like the site’s age, the topics it deals with and also the size of the website itself. If the quote meets your expectations, you can agree to carry out the transaction. The payment will be received in a PayPal account you have nominated beforehand. Note: At present they’ve mentioned on their site that they are offering up to $1000. Continue reading “How to Sell Your Unwanted Website for Cash with SiteRedeemr” »
Thursday Linkfest [2010-03-19]
Mar 19th
Some interesting posts I’ve come across today:
- The Best Financial Advice I’ve Ever Heard From A Comedian [Financial Samurai]
- 8 Effective Ways to Raise Frugal Kids [ManVsDebt]
- Passive Income – How to Supplement Your Retirement [CanadianFinanceBlog]
- 4 Lessons Children Can Learn From Location Independence [Nunomad]
- Think Before You Buy! 5 Basic Shopping Tips To Live By [TheSmarterWallet]
- Should I Increase Emergency Savings or Payoff Debt? [PersonalFinanceJourney]
Should You Be An Entrepreneur?
Mar 9th
Should you join the millions of people every year who take the plunge and start their first ventures? Daniel Isenberg, a former entrepreneur and management practice professor, examines the personal qualities and mind set that tend to be common amongst the successfully self-employed.
Daniel further states, which caught my eye, on the average, people who set up their own businesses don’t make more money, although a few do succeed in grabbing the brass ring. But the “psychic benefits” — the challenge, autonomy, recognition, excitement, and creativity — make it all worthwhile. Continue reading “Should You Be An Entrepreneur?” »
Term Insurance Your Best Life Cover Bet
Mar 7th
Imagine this scenario. You were leading a prudent financial life during 2004-07, having moderate expenses and small loan EMIs, while your stocks and equity MFs were giving rocking returns. But there was one chink in your armour — you had inadequate life cover. Then came the big plunge of 2008. If the worst were to have happened to you in December 2008, your family would surely had to make a fire-sale of your investments that you had painstakingly made. Continue reading “Term Insurance Your Best Life Cover Bet” »
10 Money Tips for a Holiday Abroad
Mar 6th
So finally you’ve decided that you’re going to take that well deserved vacation — away from all the madness at work. I won’t get into why you need a holiday but instead provide you with money tips when planning a holiday. What if your credit card isn’t accepted and you aren’t getting a decent exchange rate for your native currency? Here’s the checklist:
1. Take along your major credit cards — make sure they are really credit cards and not just debit cards with a credit card company’s logo on them. Many locations require a credit card and will not accept a debit card, so they may have limited use on your travel.
2. Notify your credit card company of your trip before you leave. The unfamiliar spending patters might cause them to suspect that the card is being used fraudulently and delay your approvals. Further, they will explain many of the services that they can provide while you are on your trip. Continue reading “10 Money Tips for a Holiday Abroad” »
