Reduce Credit Card Debt

"Reduce credit card debt and eliminate it before it assumes a horrifying shape" - This is really the gist of the story. So, how do you reduce credit card debt? Well, you reduce credit card debt by preventing it from increasing and by paying off what it is currently. Simple, isn't it? Not really. If it was that simple to reduce credit card debt, then we wouldn't have had so many people with credit card debt related problems. We would have been able to reduce credit card debt problems and finally eliminate them (or reduce them significantly). There are all kinds of advice available on how to reduce credit card debt, but still nothing much seems to change. The problem still seems to persist and in fact, worsen. However, it's not that difficult to reduce credit card debt. As we just said, there is a lot of advice available on how to reduce credit card debt and the only thing you need to do is put that advice, on how to reduce credit card debt, to practice in real life. Well, no one but you will benefit if you reduce credit card debt. So the first step to reduce credit card debt is to prevent it from taking dangerous proportions. The 2 most important ways of implementing this step are - balance transfers and use of cash. Balance transfer is often treated as the number one measure to reduce credit card debt. This is really something that can help reduce credit card debt by slowing down the pace at which your credit card debt is getting built. It also provides you relief in terms of the APR being 0% for initial 6-9 months (and hence helps reduce credit card debt faster). To reduce credit card debt using this mechanism, you need to transfer your balance from your current credit card(s) onto another credit card that has a lower APR than your current card. Thus you reduce credit card debt by preventing it from increasing so rapidly. The other preventive measure to reduce credit card debt is to use cash instead of card (as such, hard earned cash is difficult to get out of pocket as compared to just a credit card). So you reduce credit card debt by not adding more to it. That is the simplest way to reduce credit card debt. However, you can reduce credit card debt only if you stick to your resolution to reduce credit card debt; otherwise it will fail miserably. Credit to : Charles and Kim Petty

Online Personal Loans: Money With Easy Application

Personal loans allow us meet our various financial obligations. In order to provide money on fast and easy terms online personal loans are here for your service. With online application one can easily avail the loan while sitting at your home, office, and even at any other place. This is a method that understands the value of your time. With online personal loan you can plan your expenditure easily. One can take this loan for purchase of a new house, a car, debt consolidation, home improvement, home renovation, car repair, wedding and festivals, vacations and trips, medical treatment, education fees. You can plan your all these expenses easily with the help of a single click. Online personal loans are meant to serve your personal purposes; you are required to mention the reason to take the loan. With secured and unsecured ways it is easy to understand your requirements. In order get a large amount one should opt for secured online personal loans. You can easily avail an amount of £ 5000 to £ 75,000. The repayment term may vary from 5 to 25 years. The amount and term of the loan largely depends upon the value of the placed collateral. On the other hand if you requirement is small without placing the collateral; unsecured online personal loans are best for you. Here you can get an amount of £ 3000 to £ 25,000 with repayment term of 1 to 10 years. Online facility is a technological development that helps us to get the loan money without wasting your time. Evaluation process of the loan is very prompt and any one can apply for the loan by accessing the online facility provided by the lender. Online personal loans understand the fast moving world and let you go with the pace of the development. You can access the loan program discuss and negotiate the terms of the loan while sitting at your home. Therefore, it provides you the fast, easy, and accessible service. Credit to : Tim Kelly

What Is Day Trading?

With the technology boom that has changed the way business is done across the globe, one unintended result has been the rise of day trading. Day trading is a risky and stressful form of trading that involved buying stock and selling it within one days time. It?s thought that if this is done enough time, with the right foresight and financial advice, that a person can make quite a lot of money each day. Day trading wasn?t even an option before the 1990?s. Here?s why. Back before the computer age allowed instant stock buying and selling, the financial settlement period use to take much, much longer. It was possible to buy a stock, and not have to pay for it for another 10 business days. It was common practice in those days to try to sell the stock for more than it was worth before you had to pay for it in an attempt to make a profit. Many traders who had no actual money of their own would make their livings this way, and it?s obvious how dangerous this was. A day trader has many different strategic options that he or she can follow to try to make a profit. The first is trend following. This is a tool that is used by all investors and its simply the idea that stocks that have been going up will continue to go up and stocks that have been going down will continue to go down. Obviously, this isn?t always the case, which makes trend following a dangerous method to base all of your day trading investments on. Range trading is another tool used by day traders. This is the practice of buying and selling stocks once they reach their respective highs and lows. The trader figures that a stock that is headed up will continue to go up, but only until it reaches a new high, and then it?s due to go back down. The same is thought for stocks headed the other way. Once they reach a brand new low, they tend to rebound and head back up. Playing news is another common tool of the day trader. The technique is exactly what it sounds like, buying stock that has just released good news and selling stock that has just released bad news. While none of these techniques are guaranteed, day trading is increasing in popularity every year, and while the potential for significant loss is very real, many continue to walk the tightrope that is day trading. In India NSE BSE provide excellent day trading opportunities in Top100 stocks. Due to good volume of FII activities Indian Stock Market is having good liquidity to day trade. We would suggest before starting day trading one should start with short swing trading as patterns and chart formations are very similar but decision point is extended in time and space which make it easier to learn. Once good level of proficiency is earned in swing trading then one can start venturing into day trading arena. Credit to : Arth Sutra

Risk And Security Free Borrowing Option For Bad Credit People

Bad credit history is like contracted with an infectious disease. It spreads quickly and the fact is supported by statistics which shows that 40% of the Britons are now having bad credit problems. Bad credit means loss of creditworthiness and this is the reason for which lenders feared to offer them loan plans earlier. Any request for loan by people with bad credit score was destined to be declined. If lenders approved the loan, the borrowers were charged an extravagantly high rate of interest. But the time has been changed, seeing the increasing number of bad credit borrowers and competition in the UK loan market. Now bad credit people can even avail loans without pledging any security. Bad credit unsecured loans do not require attachment of any security to avail the loan. The borrower can apply for the loan without any fear of losing the immovable property . Thus, this loan paves the way for a better life even if the loan applicant is a tenant, non homeowner, or student . Apart from this, these loans do not take credit record into account. Repayment capability of the borrower is the sole criterion for loan approval. The general amount made available through loan ranges from £ 500 to £ 25000. As these loans are without any security, limited repayment duration is granted to the borrower and the repayment term stretches form 6 months to 10 years. The borrowed money under bad credit unsecured loans can be used for several personal purposes such as, buying a car, paying outstanding bills, financing wedding cost, going for luxury holidays, college fees, and for debt consolidation purpose. The rate of interest is usually higher with this loan, as the risk factor is on the lender's side. However, the tough competition in the market and E-lending have great effect on the interest rate prevailing in the market. If the borrower performs a good online research, he can avail these loans at a competitive rate of interest. The main advantages of bad credit unsecured loans lie in the fact that, borrowers are not at all required to provide any asset as security against the loan amount. So there is no risk for any property of the borrower if he fails to repay the loan amount on time. Moreover, the absence of security makes the loan approval process faster and easier as no time is wasted in property valuation and its documentation process. Credit to : Anaya

Bad Credit Secured Loan: Makes Your Prior Credit Securing Easy

Of course, bad it is bad to have bad credit. There are several problems attached to it. Primarily, loan applications of such borrowers are summarily rejected. Yet, providing a path breaking financial provisions, individuals with poor credit too can avail the monetary benefits. You can take out bad credit secured loan. This loan is better financial facilitator for individuals having poor credit problems. For the loan, you are to offer something as collateral to guarantee your loan repayment to creditor concerned. For the purpose of this loan, you can place real estate, automobile, jeweller important business papers etc., as collateral for the loan. Even you can place your car or home as collateral – you can go on driving it or living in your home as long as you continue making your payments on the loan. After evaluating to your collateral placed, the value of is assessed. Then, amount of money is granted. Though amount sanctioned under the provision varies from person to person and lender to lender but in general, borrowers of any class are able to avail a sum anywhere from £3,000 to £75,000. You will have to repay the raised amount in time scale of five years. In the event that you fail to make your repayment, you period of repayment can be extended further for twenty-five years. If you do not repay the loan amount within the specified time, your creditor has legal right to take possession of the collateral and sell it to recover the lent money. For the reason, borrowers have to be a little cautious about their repayment schedule. In actual, it is good that they remain aware of their loan repayments, pay the amount in full and get out of property repossession. For all of that, you have several traditional banks and lending institutions. But if you are in mood of secure bad credit secured loan on competitive rates, you can apply it from high street lenders. There is a bevy of such lending options available online and offline, though online processing is simple and convenient. It saves a good amount of your time and energy. Later, you get the amount and invest it to make your credit to the best. Credit to : Andrew Baker

First Time Buyers, A Mortgage Guide

So you’re looking for a mortgage to buy your first home. You’re ready to put your foot on the first rung of what’s popularly known as “The property ladder.” No doubt you watch the TV news and read the newspapers so you’ve probably gathered that now is just about the worst time for many years to start looking for a mortgage. Banks and building societies are far more cautious about taking on new mortgage business than they have been. You should still get a loan but it’s going to cost you a lot more than it would just a few weeks ago, days even! What may well be rather more of a concern in your situation is that the days of 90 to 100% mortgages are over. For the foreseeable future that is anyway. We’re back to the way it was about 40 years ago when the most you could expect to borrow was 75 to 80% of valuation. That means you need to find a much bigger deposit from savings or elsewhere. That’s the bad news. Well, the good news is that there is some light at the end of the tunnel although it’s quite a long tunnel. Historically the sort of situation we’re in just now doesn’t last forever and that’s something that might work in your favour in the long term. So, let’s apply some positive thinking to your situation before you get overwhelmed by despair! First, if you’re a first time buyer, you’re probably young. Youth your most valuable asset at present so make the most of it. It doesn’t last for ever! So how does being young help? Well for one thing you’ve probably embarked on a career that’ll see your income rise steadily over a great many years. Not only that but you’ll have most of your working life stretching out in front of you so if you have to take on a mortgage over a very long term, well you’ve got plenty of time haven’t you! Retirement age for most of us is set to get higher and higher as we all live longer so you’ll have even more productive years to look forward to than your parents had at your age. We know your mortgage is going to consume more of your income than it would have done previously but at least you know that before you start. You won’t start off on a low rate only to feel the pinch later. If that means you have to do without the huge plasma screen telly and the holidays in Thailand or wherever so be it. You’re young, you can cope and you’re getting the lean years over at the beginning and, it should get easier with time. Anyway, you’re a first time buyer and that was never easy. It’s got worse we know and that means that for your first time buyer mortgage, now more than ever, you really need the help of a first class mortgage broker. Once you’ve got your mortgage and moved into your house, do-it-yourself is something you’ll need to become good at no doubt but this is not the place to start! Up until recently you could have walked into any high street bank or building society and got a mortgage of some sort. In fact they were falling over themselves to get you in through the door. You would never have got the best deal possible, you always needed a broker for that, but at least you’d have got your first time buyer mortgage. Now they’re turning people away because funds are tight. Your broker, however, knows where to go and can open doors that are firmly closed to you on your own. Now even the best of brokers isn’t going to be able to get you the kind of deal that was possible up until very recently but at least you’ll end up with a mortgage so you can go ahead with buying that all important first home. If you’ve chosen a really good broker who deals with the whole of the mortgage market and not just a few favourite lenders you’ll know you’ve got the best deal anyone could have found at the present time. Nothing is forever and while you’re struggling in those first few years with your first time buyers mortgage remember that as your pay gradually goes up the pressure will begin to ease a bit and eventually you’ll find you can start to afford some of the things you’ve been doing without if you don’t go mad with them! That’s if you still want them of course. People often find after a few years of struggling that those luxury “must haves” of earlier years don’t seem quite so important to them any more. Credit to Martyn Barberry - 1articleworld.com

Mortgage comparison – be your own broker

When you make the decision to buy a house it is one of the biggest decisions you will ever make. Not only are you buying a property you are also putting yourself in the hands of lenders who will provide you with your mortgage. With so many different lenders on the market it is very important that you make the right choice – and that is where a mortgage comparison site can help you. Mortgage comparison is vitally important if you are looking for a mortgage that will suit you and your circumstances. It might be tempting to opt for the first deal that seems to be reasonable – but this is one of the traps that too many buyers and first time buyers can and do fall into. So if you want to make an informed choice on mortgages use a mortgage comparison site. Using a mortgage comparison site is incredibly straight forward and can drastically cut down on the amount of time spent searching for the right mortgage. When you begin to use the comparison tool you will be asked several questions which are used to give the potential lenders an overview of your finances and mortgage amount. These questions will begin with your name / date of birth and other such personal identification details, then they will move on to the details of any other applicants. Then the questions focus on the actual mortgage amount you are looking for, the term of the mortgage, the reason you are applying - are you going to be an owner occupier, buy to let or joint ownership client? After this you will be expected to give details of your income and expenditure and employment status. These questions are used to gain more information about your ability to make the repayments on a mortgage. Without asking such questions the mortgage comparison site cannot link your circumstances to lenders that might be able to offer you a mortgage. Once you have filled in all the relevant sections on the mortgage comparison site you will then wait for the site to bring up a list of potential lenders that fit your needs, along with a brief description of the mortgages available. From this list you will be able to see and compare the mortgages on the market that you could, in theory apply for. This will enable you to make a decision on which mortgages you might like to find out more about. If you do decide to request more information about a particular lenders mortgage you can then click through to the lenders site without any problems. Mortgage comparison sites are such a useful tool in cutting down the time and effort spent, and too often wasted, in searching for a mortgage to suit you. Many people find that they prefer to use a mortgage comparison site in order to give themselves the time to compare deals without the pressure of a broker or lender who will want you to go with them. In this way a task that can seem to be very daunting can be made much more bearable as you are acting as your own broker, and if you need additional free advice you can also use the fee free advice section on the site to further help you with your enquiries. You need to be aware that using a comparison site to get mortgage information is not actually an offer of a mortgage but a tool to help you compare what is on the market. Ultimately any mortgage offer you get is conditional and you must provide your lender with the necessary information to be successful. Credit to seo456 -

Interest Rates: Controller of Money Flow in the Market

Most of the borrowers, businessmen (and sometimes personal loan seekers as well), often borrow money for long intervals. Because in the world of capitalism businessmen are required to invest for long terms to fructify the plan. Since this futuristic aspect of business needs a long term investment, it becomes necessary for a borrower to go after long term financing. But at the same time, it is of due importance that one must have some idea regarding the market behavior over a long period of time; because the fluctuations in the interest rates make it a precarious proposition. If one is not capable of predicting or estimating the future trend of the rates of borrowing then there are spontaneous measures which should be taken to avoid losses. Suppose one has taken a loan when the interest rates were high, then he/she is losing money because of the current low rates. Under such circumstances, the remedy lies in refinancing a loan in order to get the benefits of lower interest rates. So one must have the eye for deciding the right time for a refinancing loan. Besides, one can also take up this measure to suitably alter the terms and conditions of ones loan plans just for the reason that he/she may no longer be comfortable with them after some. If the existing creditor is willing to refinance ones commercial loan, it is OK. Otherwise, one can go for commercial loan refinancing from a new creditor in the market. After all, ones stakes in economic well-being must not be subjected to the whims of a greedy lender. The facilities for refinancing commercial loans are available with many creditors in the UK. One should go for making the most of this opportunity, but not before assessing the situation rightly by taking a bird's eye-view of the commercial interest rates. For further information about loans one can have access to: Personal loan company , Enjoy debt free driving , Comfortably manageable. (Credit to Gracy)

What Are The Advantages And Disadvantages Of A Reverse Mortgage?

Michigan is under a great financial challenge and it’s important for seniors to be aware of their options. There has been a lot of talk lately about Reverse Mortgages in Michigan. This is a great service that is available for Michigan seniors and offers a ton of benefits for home owners. These features can make all of the difference between just barely getting by or having a great life. As seniors get along with age they will find themselves in need of having enough money set aside to pay for many extras. These include things such as prescription medication, medical care, home repair, and emergency funds. Many seniors like the ability to have this extra amount of income as it helps them stretch out the monthly budget. Of course it is always nice to have extra money on hand to afford the unexpected extras. Some seniors take advantage of being able to travel and to go to see the world. They also enjoy being able to help out their family and loved ones. Others really enjoy being able to remain independent and to not be a burden on their sons or daughters. Independence Is What It’s All About Many seniors really like the idea of being totally independent. There are two sides to this great prospect. On one hand you can be totally independent of relying on your family. This can come in the form of having round the clock care from health professionals. To many seniors this can be a great luxury and add total peace of mind. The other type of independence is having totally financial freedom from stress and worrying. It is like having a big weight taken off of your shoulders. Having total financial independence means having real freedom of choice. No longer will you have to worry about having to just “get by”. Having a reverse mortgage can really work miracles by adding a cushion of support in your daily life. So you see having real independence really depends of two major things – financial freedom and having the freedom of doing what you want - whenever you want. That means that as a senior you get to live your life by your standards. You set the pace and make the rules. Having more money on hand gives you the opportunity to make a substantial difference in your life and in the lives of others. In order to take advantage of the great features of a reverse mortgage you need to take in the pros and cons. Advantages: The cash payments you receive are tax fee since they are loan proceeds and not income, and they generally do not affect Social Security or Medicare benefits. There are no minimum income requirements to qualify and no credit checks. You can use the money for any purpose. You may be able to create a cash flow stream for the remainder of your like. Reverse Mortgages are complex. You must receive free, government-approved independent counseling. This is to insure that all of your questions have been addressed and that a reverse mortgage is right for you and your family. Mortgage Insurance Premium (MIP) is the insurance required by HUD that protects you and your heirs from never owing more than the home is worth. Disadvantages: One of the biggest disadvantages of a reverse mortgage are the high closing costs. If you think you might be moving in the next few years a reverse mortgage may not be the best decision. This program makes the most sense for those who plan to stay in their homes permanently. Reverse mortgages are relatively expensive. The interest is added to the loan balance each month, and the total interest you owe increases greatly over time as the interest compounds. A reverse mortgage uses up the equity in your home, so it reduces what you have left to leave your heirs (The article was submitted by Kaye Reverse).

The Big Reverse Mortgage Question: Should I Stay Or Should I Sell?

With a reverse mortgage, seniors are able to stay in their homes for as long as they wish without having to sell their home or take on new monthly mortgage payment. Seniors will never under any circumstances resulting from reverse mortgages, be forced to leave their homes providing they make their real estate property tax and insurance payments and keep the home in reasonable condition. Also, unlike other retirement tools or conventional loans, there is no income qualification with a reverse mortgage. Borrowers are not required to make monthly mortgage payments on a reverse mortgage throughout the life of the loan. The loan becomes repayable when the last borrower on title sells the home or permanently moves out. In addition, the repayments amount will not exceed the fair market value of the home. Many homeowners become interested in reverse mortgages so they can pay off their existing mortgages, equity loans and high interest credit cards. Selling and moving elsewhere are generally not very appealing to most seniors. In fact, most senior adults prefer to enjoy their retirement in the comfort of their home. Unfortunately, seniors often find that unexpected emergencies, rising debt and medical conditions make staying in the home difficult. For seniors living on a fixed income, unexpected and rising costs can be financially crippling. Often seniors are forced to lower their standard of living or sell their home. Fortunately, with a reverse mortgage seniors are able to supplement their retirement income and remain in their home for life. The single best way to evaluate a reverse mortgage is to compare it to what may be your only real option: selling your home and using the proceeds to buy or rent a new home. Do you know: How much cash you could get by selling your home? • What it would cost you to buy (and maintain) or rent a new home? • How much money you could safely earn on any money left over after you buy a new home? • Have you recently looked into buying a less costly home, renting an apartment, or moving into assisted living or other alternative housing? Until you have seen and considered other housing options, how do you know that another housing choice wouldn’t be better for you than a reverse mortgage? For you own peace of mind, look into what else might be available. It doesn’t hurt to explore all your options before making a decision. Most likely you will come to one of two conclusions: • You may find another housing option that is a lot more attractive than you thought; or • You may confirm what you were fairly certain of all along: that where you live now is the best place for you to be. No matter what you conclude, you will have a much better idea of the overall costs – and benefits – of staying versus moving. That will give you a better sense of what is most important to you. And then it should be easier for you to evaluate the costs and benefits of a reverse mortgage(The article was writen by Kaye Reverse).

Indebtedness And Bankruptcy

For senior adults living on a fixed income, escalating debt can lead to financial ruin. More and more of the elderly are in outright financial distress. One in seven households headed by someone 65 years of age or older was considered heavily indebted in 2006 – devoting at least 40% of their income to debt payments, according to the Federal Reserve’s Survey of Consumer Finances. That compared with one in ten among all households in debt. While home loans are usually their biggest payment, the elderly have been rapidly accumulating other debts as well. Credit card bills – to cover everything from minor emergencies to ongoing essentials – have risen sharply. All told, the debt burdens of borrowers between the ages of 65 and 74 have doubled in the past 10 years according to the Federal Reserve. A recent report from Demos, a New York based public policy research group found an alarming increase in credit card debt among older Americans. The Demos report “Retiring in the Red,” found that self-reported credit card debt among seniors age 65 and over increased to 89% in the past 10 years. Seniors between 65 and 69, presumably the newly retired, reported a staggering 217% increase in credit card debt over the same period of time. More and more Americans are drowning in debt and turning to bankruptcy court for relief. As a group, people over 65 have the distinction of having not only the fastest growing home debt, but also the fastest growing share of personal bankruptcy filings and the biggest growth in demand for credit counseling. Recent studies show that over 82,000 Americans 65 or older filed for bankruptcy this past year, up 244% in the past 10 years, according to the Consumer Bankruptcy Project, a study done at Harvard. The United States Department of Justice, which runs the federal bankruptcy trustee program, released a study that painted a grim picture of the future for many older Americans. The Justice Department concludes that although the elderly are less likely to file Chapter 7 bankruptcy than younger people, a significant number of them do file each year. The number of elderly filers is likely to grow in the coming years. A reverse mortgage can be done if the borrower(s) have filed bankruptcy and it has been discharged. In some cases, the bankruptcy can be paid at closing. Call Kaye Financial if you have filed bankruptcy. Our experience as one of the top a reverse mortgage lenders in Michigan will advise if a reverse mortgage can work for you! As stated by a professor at Cornell University, “more than 620,000 elderly households could be raised above the poverty line if they obtained a reverse mortgage”. Reverse mortgages generally must be “first” mortgages, that is, they must be the primary debt against your home. So if you owe money on your property, you generally must do one of two things: • Pay off the old debt before you get a reverse mortgage; or • Pay off the old debt with the money you get from a reverse mortgage. Most reverse mortgage borrowers pay off any prior debt with an initial lump sum advance from their reverse mortgage. The amount of money you would receive depends most on the specific mortgage plan or program you select. The experts at Kaye Financial will research every available program with various lenders to ensure the best plan with the best rate for your specific situation. Some reverse mortgages cost a lot more than others, and this reduces the amount of cash you would receive. Within each loan program, the cash amounts you can expect depend on: • Your age – the older you are the more cash you can get, and • The value of your home – the more your home is worth, the more cash you get and • The current interest rate. The average interest rate for the past 15 years on the HECM monthly adjustable is 5.72% and • Closing costs – there are no out of pocket expenses, so your closing costs can be taken right out of your net proceeds. When the loan is over, you or your heirs must repay all of your cash advances plus interest, which is usually satisfied by the sale of the home. Because a reverse mortgage is a non-recourse loan, you or your heirs are never going to owe more than your home is worth (The article was submitted by Kaye Reverse).

Start Saving Today

Beginning is difficult for the person who do not attempt to do. Start saving today with your future planning from the following tips. You need to plan how much will you earn for the month, how much will you spend, and how much it remains. You do not wait for pending amount after deducted expense. Saving early will get rich early too. For the person who try to save money, should start with 10% basically. Try to imagine : your salary is 10,000 US$. Your saving is 1,000 US$, pending amount for your spending is US$. If you do this for 1 year, you will get the money in 12,000 US$. This sum is excluded your expected interest that you will get from the bank. You can saving from save 1 and spend 3 that mean save for 25% and save for 75% or you can choose any concept that you prefer but should start do it today. Try to do it today, you will be a millionaire in the short future.

Money Management

I've often heard complain about the spending habits, be it buying unneccessary item and spending beyond their means without much idea about saving. Many have come to ask for advice and techniques to save their money, and , most of all, realise the value of money. In fact money management involves more than just saving money and we need to take a closer look at significant issue. Because of money is neccessary in our day-to-day lives. We use money as a means to obtain most of what we need. Do you waste money on unneccessary things? Are you willing to be in debt in order to get what you desire though you may not actually "need" it? If your answers "Yes" , you want to start re-evaluating and making neccessary changes for yourself. You should be realising the true value of money and keeping their finances in order. It's true that people work hard to earn money it to be takens seriously. Managing income, keeping financial record and living within your means are important. If you don't have the basic financial management skill, take time to learn about it.

Reading made easy

In the past few years, an increasing number of books have been published to promote knowledge on personal finance and saving, investing and spending wisely. A few come in the handy pocket book size, comic books for children, how-to-tips and many more. Teaching your children using cartoon and comic books is always considered an effective method. There are increasing number of comic books highlighting the importance of money, in ways that makes it easy for children to understand. Many publishers have increased their focus on such books, because they believe comics and fables can easily transform complicated issued like money into simple and fun topics that would interest any child. Therefore, parents should always choose a book that fits the age group of their child. They should read the book along with the child.

Problem of Gas deliveries low

Delays in gas deliveries from the Arhit field by PTT exploration and production Plc (PTTEP) could push up power production costs this summer for the Electricity Generating Authority of Thailand. Egat may need to use more fuel oil to produce power to meet demand during the peak season for electricity consumption. Egat would have to shoulder the additional cost of 0.06 to 0.07 baht per kilowatt/hour (unit), which might translate into higher power tariffs during the season. PTTEP had made a commitment to start delivering gas from the Arthit field in the Gulf of Thailand at 330 million standard cubic feet per day (mmscfd). However, a leak reduced the flow to 80 mmscfd. PTTEP said the problem was being addressed and output had increased to 130 mmscfd. It was expected to continue rising to meet the daily contract quantity of 330 mmscfd.