Consumer Credit & Lenders Association Thu, 02 Feb 2017 21:52:28 +0000 en-US hourly 1 4-Step Guide to Funds Management Thu, 02 Feb 2017 21:52:28 +0000 Continue reading →]]> Source – When you grow up and begin earning, you have some very crucial responsibilities. One of these responsibilities is to manage your funds as it has a direct effect on your living standard such as what you drive, where you live, and everything you do. Therefore, it is essential to learn how you can manage your funds and improve your financial situation. When you start managing your money, you will realize that your life has become easier, and you are free from financial worries. Here are four steps to guide you on money management.

Step 1: Keeping Track

The very first step to managing your funds is to figure out where your money is going. Start tracking and evaluating your spending. You can track your funds by writing your expenditures on paper or a spreadsheet and keeping the receipts and bills. As soon as you make a purchase, make note of it; make sure you are doing it accurately and honestly. Next, evaluate your purchases. Is it worth spending on the things you spend on?

Step 2: Budgeting

After you determine what you are spending on, you need to set up a spending plan or a budgeting plan. Figure out how much money you are going to spend in each area such as utilities, grocery, allowances, personal shopping, and fuel. Make sure you also include some unexpected expenses like vehicle repairing. Remember the rule is to spend less than you earn. There must be some areas where you can reduce the amount you spend. Cut your spending and follow the budgeting plan. The job does not end with the plan; you need to review the plan after every month and when there is any notable change in your spending or income.

Step 3: Saving

Once you are in control of your funds, that is when you are budgeting and spending consciously. The next thing to do is start saving for the future. It is necessary to set aside a certain amount of your income to get ahead financially. The easiest way to save money is to ask your bank to transfer a specific portion of your funds into a savings account. Ideally, saving ten percent of your salary is preferred and a good amount to begin with, and after a few years, you can increase it to twenty to thirty percent.

Step 4: Getting Rid of Debts

This step is for those individuals who use credit cards as the debt of cards can really be a big problem. The best way is to pay as soon as you get the bill at the end of the month. If you do not pay every month, you should probably stop using them or just stop carrying them with you. Using credit cards also leads to overspending as there is a risk you can spend more than you earn. Hence, you should totally avoid using these cards. You can also communicate with your bank and request to lower the rates on your credit card debt.

Hearing Aids Kelowna Wed, 01 Feb 2017 17:43:33 +0000 Continue reading →]]> By – While it is not realized by many, there’s a tremendous connection between hearing loss and tinnitus. Actually, about 90% of those who are experiencing ringing in their own ears have difficulties with hearing loss. It’s vital for everyone who believes they may be experiencing hearing loss tinnitus to get a hearing test. A hearing aid can help hide the ring sounds if you’re experiencing hearing loss.

There are additionally tinnitus maskers which are joined with a hearing aid which may additionally provide even more help if a hearing aid on its own doesn’t function. They’re a mix unit of a hearing aid as well as a tinnitus masker. In addition, it uses a tinnitus masker to drown out the tinnitus more, although it’s really powerful because it helps who have any hearing loss, that will make tinnitus less noticeable. The instrument fits behind the flap of the ear as well as the volume may be altered on both parts individually depending on external surroundings.

There are several things which could cause hearing loss tinnitus. A number of the primary causes are loud noises, ear disease, earwax build-up, drugs, or age. Sadly, there’sn’t a remedy for tinnitus, however there are a significant few treatment choices which help with handling the state. There’s the masker/hearing aid mix that’s a great first step. An ear, nose, and throat specialist may also help come up with a treatment strategy. There are numerous drugs that have tinnitus as a side effect, so check to see if that’s true that has any drugs you’re taking. Aspirin and antibiotics could bring on tinnitus. Stress and anxiety have a negative effect on tinnitus. It’s significant to seek out some means to lessen anxiety in your lifetime. Lots of individuals turn to yoga to assist them alleviate tension and tension. Your general well-being will improve also although in the long term you ought to see not only a difference in the intensity of your tinnitus. Some sufferers also find it useful to seek out someone to talk to about their illness. Speaking to another tinnitus sufferer or a professional can recognize what you’re going through. It can help you supply support while you locate a method to deal with your tinnitus and to feel less.

It’s not insignificant to find an approach to deal with hearing loss and tinnitus, it’s critical that you also protect your hearing from any added damage. Prevent being exposed to loud noises like sporting events and concerts. Should you go to such events that are loud, ensure that you wear ear protection including earplugs.

Migraine Headache Solutions Using Kelowna Chiropractic Pain Relief Mon, 16 Jan 2017 23:35:06 +0000 Continue reading →]]> Submission by chiropractor Kelowna – Have you ever had a headache? Have you ever had a headache that would just not go away, no matter what you tried? I had horrific migraine headaches for about five years. I tried everything out there, but nothing seemed to work. My headaches came just about every day, and there was little I could do to ease them away.

I tried taking over the counter and prescription headache medicines. I went to numerous doctors and a couple of neurologists, but no one and nothing seemed to help. I started trying home remedies thinking that maybe a natural approach would work, but again the headaches just stayed around.

After about five years of dealing with my headaches, I was quite honestly tired of doctors and taking medicine. I knew that if I did not find a solution soon, I could possibly develop a bigger and more severe problem if I continued taking the medicines my doctors prescribed to me.

I asked my doctors to run tests to find out the cause of them, but they said that there was a list a mile long and tests would more than likely show nothing more than I just suffered from normal migraine headaches. I knew that something was causing the headaches and there was no way that they were normal. Nobody gets headaches every day that hurt more than one deserves.

Finally, I gave up on the doctors and decided to live with the headaches as best as I possibly could. They affected every aspect of my life. From not being able to go out with my friends or enjoying a simple movie because the sound hurt my head. I still did some things but being in pain all the time left me drained constantly.

After giving up on a solution, a friend at work suggested that I go see his chiropractor. At first I was a little leery about going to a chiropractor because I did not think that there was any way they would be able to help when my doctors and the neurologists were unable to come up with a solution. I decided to give it a try though, because I figured maybe the chiropractor would actually be able to help me when no one was able to.

On my first visit, the chiropractor took x-rays of my head and neck. From them, he was able to determine that my neck was actually bending the wrong direction, which from his experience could cause severe headaches. He asked if I had ever been in a car accident and when I said yes, he told me that this sometimes happens because of being in an accident. He said that there was treatment, but that there was no guarantee that it would make my headaches go away and that he was willing to give it a try if I was. I decided to go ahead and try the treatment because this was the first time in five years that someone really wanted to help and was not forcing medicine on me.

After about six months of treatment and getting my neck bending the way it should be, my headaches started to go away. Obviously this is not a treatment that would work for everyone that has migraines, but if you have ever been in a car accident and you experience headaches, it may be worth your time to have an x-ray done to see if you possibly have the same problem I had. My headaches are not completely gone, but they have subsided to only having one once in a while and not nearly as painful as they had been in the past.

Advantages and disadvantages of credit cards Tue, 11 Oct 2016 20:00:56 +0000 Continue reading →]]> SunLeeThe 21st century has brought numerous technological wonders with it such as tablets, smartphones, and online shopping. Among the array of machines and high-speed internet connections, there is one marvel that often gets ignored – credit cards.

A blessing and a curse at the same time, these compact cards fit right into the palm of your hand. They enable you to acquire credit on your purchases i.e. if you have one such card, you do not have to pay immediately for your purchases. As superb as that sounds, it does not eliminate the fact that there are certain drawbacks associated with using and relying on a piece of plastic.

Following are some advantages and disadvantages of credit cards. They ought to be kept in mind and evaluated carefully before an individual embarks on their credit journey and activates a card.


Easy to use

The biggest benefit of having a credit card is convenience. You do not have to worry about running out of cash or looking for the nearest ATM. Just swipe and pay right away!

Keep track of expenses

When you’re using a credit card, a statement arrives at the end of every month which shows where and when the card was swiped and the amount that is due. It can be used to manage your outlays. Also, some companies provide statements at the end of the year as well, which can come in handy for tax purposes.

Swift ways of borrowing

Instead of having to wait for a friend/family member to help you out financially, credit cards act as an immediate financing method which enables users to pay for their purchases with ease.

Company protection

In case a purchase goes wrong, credit card users can rely on the company to settle their problems. They can also always claim money back from the card provider in case the product is broken.


Debt trap

Credit cards are one of the leading causes of piling on debt. Often users tend to get caught up in a spending spree and get negligent when it comes to paying off the balance. It results in an increment in the minimum monthly amount to be paid. Soon, interest payments begin to pile up as well. Once stuck in the debt trap, it’s hard to come out of it unscathed!

Paperwork burden

Possessing a credit card requires you to be responsible. It means saving all receipts and tallying them against the month-end statements. In this way, using a credit card can be cumbersome.

Better saving options available

Several cards charge users higher interest rates and annual fees, which eventually wipes away any savings associated with the use of these plastic cards. In fact, many times, users could save a lot more if they just use cash.


Often many card companies lure in customers with low interest rates. However, these only last for a limited period after which the amount of interest charged can soar high and push the individual towards a tight financial spot.

Personal Bankruptcy: A Way Out Fri, 07 Oct 2016 20:15:46 +0000 Continue reading →]]> bankruptcyChapter 13 and chapter 7 are the two most common types of bankruptcy. If you know how they work, you have an adequate understanding of how bankruptcy can give you a way out.

Chapter 7 involves the bank selling your nonexempt assets to pay off your debt, but the sale depends on whether the assets are deemed worthy. The silver lining is that it lets you keep ownership of exempt property including your house, furniture, and retirement fund.

Chapter 13, known as debt adjustment, serves as a consolidation loan and usually allows the declarer to keep ownership of all the property, provided that they pay off the debt over a predetermined period. The repayment plan should be followed by the debtor to make the mortgage payments and get out of debt.

Bankruptcy is a much saner option as compared to burying your head in the sand and not doing anything about your financial situation. Bankruptcy rates were high during the recession period of 2008 and people who were unable to pay their bills and afford their expenses had to face judgment. Bankruptcy is a way out, and it’s the most sensible thing to do when you can no longer pay your bills and are buried in debt. It gives you a chance to start all over again.

Declaring bankruptcy isn’t an absurd notion. It’s actually the logical thing to do, and there’s no shame in declaring it. Some people make it out to be a disgraceful act, which it simply isn’t. Toronto bankruptcy filings are going up, and while that’s not a good sign, it simply means that more people are inclining towards listening to the voice of reason and fixing their financial situation.

Many people feel shame and disgrace are involved in declaring bankruptcy. Often, they take it as an insult when someone suggests it’s the right thing to do, even if that someone is a financial advisor who knows that bankruptcy is the last resort and in most cases, it’s unavoidable.

The fact is that there isn’t a better alternative to bankruptcy. What step will you take if you’re buried in credit card and mortgage debt, car loans, and personal borrowings but can’t pay off any of these because you’re out of money and are simply not making enough?

bankruptcy2In fact, the alternative to bankruptcy is much worse and even more disgraceful. Worst case scenario is that your creditors will keep suing you and win the legal authority to garnish your wages and strip you of most of your assets. At least, filing for bankruptcy gives you some control over your financial situation and saves you from the wrath of your creditors.

Bankruptcy is the legal route, and it’s the morally right step to take to tell the creditors that you won’t be able to pay them. Bankruptcy is like reaching for a life jacket when you’re going overboard.

To conclude, surviving in today’s dog-eat-dog world is tough and you shouldn’t be ashamed of doing so by declaring bankruptcy.

Types of credit cards Tue, 27 Sep 2016 19:17:26 +0000 Continue reading →]]> SunLeeThe concept of debt has been in existence since the barter system of exchange. As the world has progressed, debt has become more and more of a common phenomenon rather than the previously considered taboo that it was. Now, we have been blessed with technology which has deemed nothing impossible. It is through technology that credit cards, another way of accumulating debt, have come into existence.

A credit card, in simple terms, is a card which allows its owner to make payments on the spot without paying for them immediately. Issuing a credit card involves a revolving account being created by the bank and a line of credit being offered to the holder of the card, from which the individual can borrow money to make payments or acquire cash in advance.

In today’s era, with technology rapidly improving and transactions increasing in number, there is a variety of credit card programs that consumers can choose from. Following are the common types of credit cards:

Standard Credit Cards

debt settlement leadsThese are used for general, everyday purposes and have revolving credit lines i.e. the holder pays a fee before the card is issued and then is authorized to use funds whenever he needs. These cards are targeted towards people above 18 years of age who meet or surpass the minimum criteria for credit set by the institution issuing the card. The institution also sets a credit limit, which means that the holder cannot use funds above that limit. These cards require no deposit in advance.

Reward Cards

These are credit cards which involve reward programs that are put in place to entice holders to spend more with such cards. The reward programs are basically perks of being a cardholder. They could be in the form of discounts, cash, or points. The latter can be accumulated and traded for free company merchandise, hotel stay, air miles, etc. Such credit cards, however, are a bit complicated than the normal ones, involving various rules and restrictions. They are ideal for people who are prompt in payments and do not leave monthly balances overdue. Such cards can further be divided into types based on the reward they offer. These types include frequent flier miles, points cards, cash back cards, and premium credit cards.

Secured Credit Cards

overspendAnother name for these cards is ‘pay-as-you-go’ cards. As an account is opened, the credit cardholder is required to deposit a certain amount of money. Based on a percentage of this deposit, the cardholder’s credit limit is set. Such cards require an annual fee to be paid for their usage and involve higher interest rates as well. There can be issues with the conversion option which allows the holder to convert their secured credit card to a standard credit card.

Specialty Credit Cards

It is through partnerships, affiliations, service providers and major brand retailers that these credit cards are mainly offered. They are intended for a special purpose and are, therefore, provided to people belonging to particular organizations. Sometimes, organizations that work for a social cause also offer such cards to their members.

Significance of Budgeting Tue, 05 Jul 2016 22:00:10 +0000 Continue reading →]]> SunLeeBudgeting is the most fundamental and useful tool for managing your money. Many individuals avoid doing it as they think it would prevent them from spending and enjoying. However, budgeting does not stop you from enjoying stuff; in fact, it ensures that you enjoy stuff when you want it. Following are other reasons why budgeting is significant.

If you are in the dark about how much money you spend and where you spend it, then changing your habits will be difficult. Even if you are financially comfortable, a budget can help you identify nonessential expenditures and figure out ways to redirect funds towards your priorities. For instance, if you do not realize you spend $80 per month on lattes, it will be tough to break that habit and utilize that money toward a priority. Most importantly, if you are trying to get out of debt, it is essential to budget your limited funds so that debt payoff becomes your priority.

houston debt consolidation servicesTo cut back on expenses, you need to see where your money is going so that you can restrict yourself to a specific amount per spending category and utilize a method, such as an envelope budgeting system, to make sure you do not overspend. Additionally, you should research ways to save on groceries, monthly utility bills, and TV and internet services. If you still have a budget shortage, go for more aggressive cutbacks such as cutting out cable entirely or find ideas to generate extra income in your spare time.

Another benefit of budgeting is that it can help you save money for retirement. Retirement planning, which is technically an aspect of building wealth, is so essential to your future that it needs to be given special attention. A recent Harris poll revealed that 34 percent of Americans do not have retirement savings, and many who do have a retirement fund do not contribute to it adequately. Therefore, you should plan to have a surplus for when you retire. You cannot deny the fact that money will mean a lot more to you when you have less ability to earn it.

consolidate debt Houston TXIf you do not have a budget, there is no way you can know if you can afford a new car, new flat-screen TV, or any other significant purchase. In fact, if your finances are one great mystery, your mere desire to buy an item might justify the expense. Even if the object of your desire is currently out of reach, you can budget for it. Besides, it is never harmful to have a little extra money in your emergency fund, and budgeting can help you save more so that you can sock away extra cash for a rainy day.

Creating and following a budget involves sacrifice and self-discipline. The sacrifice is worth it as it will help you develop wise spending habits to manage your finances more efficiently now as well as in the future. You should keep your budget current by updating it regularly to reflect changes in your situation such as a marriage, new home or raise.

The Sandbox and SEO Mon, 06 Jun 2016 19:33:14 +0000 Continue reading →]]> sandboxIn this age of online competition you may consider it hard to believe that a search-engine can block the rankings of a newer website. This is what is now believed to be happening to many new websites every day. Many SEO experts have the view that Google is not comfortable with ranking some new sites until they have had time to prove their worthiness by staying online for more than a few months at least. Many SEO experts have used the term Sandbox which follows the idea that all many un-trusted newer websites have their rankings placed in a special database until the new site has proven itself and before ranking in the main SERPS (search engine result pages] can begin.

However these new web sites are not hindered as much as the inbound links that are gained from other online sites that may link to them. New inbound links that are gained are placed in a sandbox status until they too pickup page rank from other inbound links from matured websites or added directly by an SEO agency campaign. The main idea behind the sandbox is to prevent fast rankings to occur on fresh new websites. This holding period seems to be between 30 days to several months before a new website can begin obtaining page rank from other outside links.

seoMany of the newer websites that get caught in the filter of the Google sandbox quickly, are those which try to get high rankings for very competitive keywords and phrases. The best advice to avoid getting your new website caught up in the sandbox effect is by going after much less competitive keywords when first starting out. Google may have no trigger points to apply the sandbox filter for such websites, there is however still a risk as the search engines and constantly changing their algorithms.

What are the benefits of debt consolidation? Tue, 22 Dec 2015 16:26:31 +0000 Continue reading →]]> What are the benefits of debt consolidation?


Personalized repayment plan


Lower interest rates


Fewer late fees




School Doesn’t Educate Us In Money Matters


An Accurate Budget Is The Key



Take Action Before It’s Too Late



Compound Interest Invites A Debt Spiral


Consolidate Debt For Everything At Once


