Archive for the ‘Spending’

  • Look closely, your gift card actually gifts more to you>
    Look closely, your gift card actually gifts more to you
    How many of you have ever used gift cards? I am sure there are a lot of people who are in the practice of gifting such cards and have received them in selected occasions as well. All those people needs to know about the facility so that the next time you redeem your card you don’t face a trouble. The new regulation passed by Federal Reserve as CARD Act makes certain changes that gift card holders need to know. The new act says that any gift card or certificate will hold its validity till 5 years after its issuance. And this is applicable for any kind of card irrespective of the source from where it is being issued. Further more, the CARD Act makes the fund has made changes in the expiration clause of the card. Aside from the 5 years of validity the act has offered that companies cannot charge  [...]
    at April 25th, 2011 at 12:04 am
  • Spending habits differs so much from one to the next person>
    Spending habits differs so much from one to the next person
    All through the years, I have heard so much about different styles of spending habits that it is drilled deep into me. I could be woken up at 4 am in the morning and still rattle it off into me. Perhaps it is much the same for you to. Denial v/s splurging, spending v/s saving, planning v/s being reactionary; the different types of spending habits differ so much from person to person and more than anything else it shows how our individual characteristics change from one person to the next. Our spending habits are more indicative as much of our mentality as much as it indicates what we like to spend our money on. A few years back, I told my then girlfriend that it was a waste to make so many short trips to the grocery store and to instead make one trip to buy everything instead. She instantly  [...]
    at April 18th, 2011 at 07:04 am
  • Buyer’s remorse, such a common affliction>
    Buyer’s remorse, such a common affliction
    Just yesterday I felt really down in the dumps. And the best part was that I didn’t know why this was the case. Soon though, it hit me. Buyer’s remorse. I had been on a junket through south-east Asia and bought all sorts of crazy knick knacks I never would have bought otherwise. For example, a plastic bedside alarm that glows in multiple colors in the dark when you tap it once (okay, it cost just $2 and is maybe worth it). Or for example, the double sided lighter that has a wind resistant flame on the other side. Or all those damned silk purses I bought. Yes, they were cheap. But why did I buy so many? I don’t even know those many girls! Buyer’s remorse is such a common affliction. It makes most of us feel in a way guilty or repentant about spending money for no good reason. And that  [...]
    at February 7th, 2011 at 01:02 am
  • Living Like a Drug Dealer is Much Better>
    Living Like a Drug Dealer is Much Better
    Living life like a drug dealer doesn’t necessarily mean you have to consume drugs. One of my friends is into this business and he earns much more than he needs for his survival. However, he is happy giving away a major part of his earnings to charitable organizations, and lives life moderately. Only by understanding and adopting certain principles, he managed to have a cheerful life. Let’s see whether any of these can be useful to us. You Can Get Anything But Not Everything He has enough money to buy anything he wants. But buying everything is certainly not possible. Similarly, we too cannot have anything. Always, in life, we would come across multiple choices to choose from. However, taking all the paths is not possible. You have top choose any one. Don’t Bother About Others Most of  [...]
    at August 11th, 2010 at 03:08 am
  • A Connected Lifestyle Is What Everybody Wants the Most in the Present Times>
    A Connected Lifestyle Is What Everybody Wants the Most in the Present Times
    We all know that man is a social animal. This snippet of enlightenment has stood the test of time and whatever he does and whatever be the changes in his socio-eco-technological environment, he’ll always want to socialize. In a world, where most placid  lifestyles have metamorphosed into fast ones with no time to even say “hello” to a close friend, it appeared for a while as though this basic tendency and need of human beings was being threatened of extinction, but once again, going by the saying “ where there’s a will there’s a way”, the will found out the way- humans started finding ways to socialize despite their non-social lifestyle demands- they have come up with electronic technology and gadgets that allowed them to socialize well and stay connected with the rest of the  [...]
    at January 28th, 2010 at 01:01 am
  • A New Approach to Budgeting>
    A New Approach to Budgeting
    By now you must have come across countless number of budgeting tips which are good to read but are found to be ineffective when you apply them in practical life. Do you know why? Most of them ask you to list down your expenditures and suggest unrealistic spending targets. You try to follow them, but obviously can’t. Most of them ask you to cut down on your expenditure on entertainment etc. but is it possible for one to survive without any entertainment? The new approach to budgeting does not actually ask you to cut out on any of your expenditures but to adjust them in such a way that you don’t overspend. According to the new approach, making monetary predictions is one of the most foolish things that one can do. How can you say for sure, how much you are going to spend on what at the beginning  [...]
    at January 21st, 2010 at 01:01 am
  • Don’t Overload Your Kid With Extra-Curricular Activities; They’re Simply A Waste Of Money!>
    Don’t Overload Your Kid With Extra-Curricular Activities; They’re Simply A Waste Of Money!
    About a couple of decades ago when we were kids, after school, we’d have a gala time with friends for at least a couple of hours before settling down for doing homework or self study. These couple of hours was precious as we’d recreate ourselves by playing games and socializing with friends. They were enough to rejuvenate us mentally and physically for the rigorous academic sessions of the entire day. But now the scene has changed drastically. School kids seem to be busier than corporate executives. In the mornings they go to school with heavy bags, come back in the afternoon and attend private tuition classes and extra curricular activity sessions after that without a break! I hardly get to see any kid spending some leisure moments with friends. Even weekends are packed with special classes  [...]
    at December 25th, 2009 at 05:12 am
  • Who Says You Cannot Party If You Are On A Budget?>
    Who Says You Cannot Party If You Are On A Budget?
    Usually when you decide to go a budget, you tend to slash your expenditures related to entertainment. Along with dining out, going on a visit to theaters and splurging on your favorite junk food, partying is one of the first things that are thrown out of the list made for budgeted expenditure. The latest economical epidemic has made partying an unaffordable luxury for most of us and many families are settling down for low- budgeted modest gathering with friends. If you are one of them, here’s some good news for you. You really don’t have to compromise with your enjoyment by slashing down on most of the entertaining features of your party. A party will not be worth calling a party if you do that! So just enjoy …but know how to by not burning a hole in your pocket. Even celebrity party  [...]
    at December 21st, 2009 at 01:12 am
  • Know The Shopper Psyche, Don’t Get Trapped By It!>
    Know The Shopper Psyche, Don’t Get Trapped By It!
    The magical spell of anything attractive and brand new strikes one and all like Cupid! The most mentally evolved amongst us is not quite immune to the charm of these gorgeous things that we come across in retail outlets or shops in general. It may be a small pack of cookies or a huge sports car, the effect is the same – you are filled with a desire to possess it. Is it the item itself, is it the way it is displayed, is it the ambience, or is it the knack of the sales executive that makes an item crave worthy; is something that I often wonder about. Apparently the reason may be any one or more of these factors, but in reality it is a complex interplay of your senses and your motivation to satiate the desires generated by these senses that actually makes you fall for the temptation of buying  [...]
    at December 17th, 2009 at 01:12 am
  • Let’s Teach Santa Some Frugality This Christmas!>
    Let’s Teach Santa Some Frugality This Christmas!
    Christmas is just about three weeks away! Your kids, family and friends must be eagerly waiting for Santa Claus to gift them some really good goodies! That is quite understandable, but it seems Uncle Santa needs to be taught some frugality this year, because of the financial depression that most of us are suffering from. Here are some inexpensive items that you could consider for gifting. They are cheap but at the same time interesting and useful for the recipient. Most importantly they are different and you can personalize them before gifting so that the recipient gets to know that you really care for him/her Scrapbooks and Collages Let your kid or spouse receive a fully personalized scrapbook this Christmas. Fill it with personalized snaps and messages which are going to convey to recipients  [...]
    at December 14th, 2009 at 01:12 am