If you have read the
papers or you go online frequently you will no doubt have heard of the consumer
price index. But do you actually know what it is? This index has a real purpose
and once you understand what it is you will see why it is so frequently used.
Basically speaking, the index is a measure of how much certain items cost to
buy. The items which are in this virtual ‘basket’ change on occasion to reflect
the most accurate general type of goods we buy.
For example if you
compare the contents of the consumer price index today to the contents as they
were in the 1950s, you will find they are very different. This is because life
has changed a lot since then and some items have fallen out of favor while
others are more popular and are bought regularly.
The index is
frequently updated and published to give the person in the street an idea of
how far their money will take them at present. It is updated every month and is
widely available to access. When you look at what is included in this basket
though, you will see that it isn’t all about what you can actually buy and fit
in there. The term is relative, and some regularly bought items such as
services (water services for example) are also in there.
Now obviously we would
like to see the cost of items go down as well as up. But whichever way they go
if they travel too far in one direction it isn’t good news. The index itself
tells us a lot about inflation – the more the prices go up, the higher
inflation is. And if they go down by a long way, this is called deflation. So
the next time you hear about inflation or deflation having an effect on the
economy, think about this index of prices. If you take a look at it you will
see that the prices will have gone up or down respectively.
The history of the
index stretches right back to the First World War, so as you can imagine the
items included in there today are very different. But the purpose remains the
same – the consumer price index tells us how far our money will stretch in
today’s climate. And as such it is the best way to keep an eye on what
inflation is doing.…
Our private finances
often weigh heavily on our minds. It seems that some individuals possess a
knack for keeping theirs in order, even though other folks tend to struggle. In
spite of the truth that a few of us have an a lot easier time or much more
financial means than others, we can all get them in order if we’ve the
expertise to perform so. In this post you may uncover ideas and suggestions for
undertaking just that.
notorious for spending more than they earn, but if you want to be in charge of
the finances, commit less than what you earn. Budget your income, as to assure
that you simply don’t overspend. Spending less than what you earn, can help you
to become at peace together with your finances.
Attempting to remain
as healthful as you can and curing any minor sicknesses at home will avert one
particular from producing trips for the hospital which are not important. These
trips which might be avoided will save a single big amounts out of their
individual finances. Any trip that is definitely avoided will certainly save a
For those who have
collection agencies coming immediately after you, you ought to be aware that
your debt will at some point expire just after a particular quantity of time if
it is not collected. Ask an specialist about when your debt will expire and
usually do not spend anything to a collection agency that tries to acquire your
revenue for an old debt.
To save on college
expenses, strongly take into consideration enrollment at a neighborhood
neighborhood college for the very first two years then transfer to a four-year
institution for your last two years. With annual tuition cost savings of 50% or
extra over traditional four-year universities, going to a community college for
the 1st two years can make a complete large amount of sense. Many community
colleges have direct transfer programs to four-year institutions that guarantee
the relevance in the credits you have earned towards your degree. You can get
the exact same diploma and credentials in the finish from the 4 years, as your
classmates who attended the four-year university straight-through, but your
fees (and possible debt) might be a lot much less.
If offered by your
enterprise, think about signing up to get a cafeteria strategy for the overall
health care expenses. These plans allow you to set aside a frequent amount of
income into an account specifically to utilize for the medical expenses. The
benefit is the fact that this dollars comes out of one’s account pretax that
will decrease your adjusted gross income saving you some dollars come tax time.
It is possible to use these rewards for copays, prescriptions, deductibles and
in some cases some over the counter drugs.
A vital tip to think
about when working to repair your credit is to make sure that you usually do
not eliminate your oldest credit cards. This can be significant …
are notorious for skirting the law when wanting to collect the cash that’s owed
them. Non-English speaking and low income people are often the target of their
illegal and deceptive practices. But anyone who’s had an account sent to collection
could discover themselves their target. If you have fallen victim to any of
their shady habits, you do have recourse.
Many of the prevalent
practices employed by collection agencies are to make use of profanity,
intimidation, or threats to extract funds from debtors. They’ve even been
identified to impersonate law personnel or falsity documents in their quest to
extort revenue. Often they have even pulled the adult youngsters or parents of
debtors in to the fray. None of those practices are allowed. Even debtors have
rights and those rights are protected particularly below the Fair Debt
Collection Practices Act (FDCPA). The Act supplies recourse for all those that
have been the victim of repeated violations, specially if they’ve a witness.
Should you can prove your rights have been violated, it is possible to even sue
or possibly acquire punitive damages.
For those who have
been the victim of an overzealous collection agency, you owe it to yourself and
other folks to hold them accountable for their misdeeds. Do this by lodging a
formal complaint ideal away with all the proper authorities. Not only will that
support prevent additional victims, however it could cause the forgiveness of
your complete debt.
The agencies you would
like to get in touch with to pursue a complaint would be the Federal Trade
Commission (FTC) as well as your state’s Consumer Protection Agency (CPA). Your
original creditor could also be interested to hear about any particularly
outrageous conduct by the collection agency due to the fact they’re able to be
held liable for their behavior in some circumstances.
The very first thing
to perform is send a letter to your creditor outlining the certain violations
produced by the collection agency. Communicate your willingness to waive any further
legal action in exchange for forgiveness of the complete debt, plus removal of
something unfavorable associated to it on your credit report. This could finish
the matter simply because most creditors don’t would like to danger the
prospective embarrassment and damage to their reputation from a lawsuit.
Victims of abuse by
overzealous collection agencies have precise legal protections. When pursuing a
complaint, ensure that any violations have already been completely documented
and that you just possess a witness, if doable. Creditors is usually held
accountable for the illegal actions of collection agencies produced on their
behalf. Standing up for yourself when you have fallen prey to an unscrupulous
collection agency can advantage both other possible victims, also as your
Many of us are nervous
over dating, particularly if we have not done it much in the past. Not only is
it important for us to consider how we are acting while we are out on a date,
we also want to make sure that the surrounding environment is setup properly.
That is why it can be quite overwhelming if you are on a tight budget, yet you
want to impress your significant other with a night out on the town. Here are a
few cheap ideas that can help you to have a great evening without breaking the
One of the first
things that needs to be considered is the type of day that is going to be
enjoyed. If you are going out on a first or second date, it is likely that you
are going to go out and have a meal at a restaurant. It is possible for you to
choose from among the best restaurants in San Francisco without going over your
budget. That can be done by using one of the specials that may be available or
perhaps a coupon for the area. You may find that you are saving quite a bit of
money in the process.
restaurants are going to offer specials from time to time but they are not
going to make it public knowledge at all times. They don’t want to tarnish
their reputation as being a high-end restaurant by cheapening it in any way.
That being said, they also want to attract new individuals who will use their
restaurant time and again. They may offer coupons to a select group of people
and if you have access to those coupons, you can enjoy those high-end
restaurants at a discount.
If you have been
dating for quite some time, perhaps you would enjoy a night on the town that
was a bit more intimate. Enjoying a couple’s massage is something that is
always going to be memorable. Many married couples enjoy having a massage but
it can be quite expensive, if you don’t use massage coupons. The same places
where you can find information about discounts on the better restaurants in
your area may also have coupons available so that you can get a massage on a
budget. It is a great way for the two of you to enjoy an evening together or it
can be a start to an even better evening.
One thing that you
will want to keep in mind if you are dating on a budget is the fact that it
does not need to be announced at all times. Just because you are saving money
using a coupon or special in your area does not mean that your significant
other needs to know that you are saving money. Make the arrangements ahead of
time so that you can save money and you don’t have to pull the coupon out in
advance in front of your date. That can help …
I was writing this
article on my laptop when my nine-year old came into the room and asked what I
was working on. I barely looked up and grumpily muttered that I was writing an
article on finding Financial Peace. He happily responded “Great Dad I want
some Financial Pizza too!” I immediately realized that now, like so many
times in my life, I was distracting myself from the very thing I was seeking.
To honor the wisdom of my son and all the pint-sized geniuses that bless our
world each day this article is published as Financial Pizza.
I was fully ready to
educate you on the wisdom of making more, spending less and wisely investing
for cash flow so you could reach some magical number that allowed you to sit on
the beach, drink Margarita’s, never again worry about money and fully explore
and share financial peace with the important people in your life. “You
just have to be in it for the long haul,” “Nose to the
grindstone,” “stay the course,” and “save for a rainy
day”. That’s all a load of crap. If you do not have financial peace today
regardless of your income, assets and social status, there is no amount or
secret formula that will help you!
It is simply
impossible to find outside of ourselves anything that does not already exist on
the inside. My life has been an endless quest for more; more money, more power,
more love all while desperately hoping to finally experience peace by reaching
the mysterious goal of enough. I have finally realized enough and more cannot
coexist no matter how many people buy into and share the delusion.
Shortly after the
Pizza discussion my wife and I were babysitting our 5 month old grand-daughter.
She is our first and only grandchild and lights up the room with her presence.
I sat gently rocking her and giving her the last bottle before bedtime. As I
looked into her eyes and watched as she drifted off to sleep I could feel her
peace and contentment. How long till she took her place on the treadmill of
life and started framing her happiness in terms of “when”, “if
only” and “someday”. When did I officially decide financial
peace was a destination with a ticket that could only be paid for in cash? When
I know you are
probably thinking this whole conversation is well and good for people with lots
of money but you have bills to pay, kids to care for, and the local economy is
a real mess. Someday when you get caught up, the kids are a little older, save
a few bucks or have a little extra time to think about this financial peace
stuff… Sound familiar? Yeah, me too, we can’t get back those anxious moments
spent in fear, doubt and worry. Fear, doubt or worry cannot exist in the
present and serve as a warning we are focusing our attention …