Monday, 29 April 2013

How to Achieve Cheaper Phone Bills

It’s amazing how some things we managed to live without since the beginning of time, shortly becomes nothing short of a necessity in today’s modern world. While it would be tempting to say telephones are an extraneous expense, one you should go without if you are attempting to save cash, it simply is unreasonable in today’s world. Cheaper Phone billsUnfortunately, this necessary expense ends up eating up quite a chunk of money for most people. Fortunately, though, there are ways to have a phone, be reachable, and not have it cost too much money.

Price compares.

Don’t automatically assume that all phone services cost the same amount of money. Different providers have different packages they offer their customers, each with their own drawbacks and benefits. Figure out how you use your phone mostly, what you need it for, and then look for a company with a plan that suits your needs best, for the least amount of money. If you already have a plan, before you switch, call up your current company and tell them if you found a better plan elsewhere- to keep you as a customer, many companies will offer you an even better deal.

Extra Services.

Look at your phone bills for the past few months, and see what your phone usage is like. Do you send a lot of text messages? Make many phone calls? Then look at what services and hidden fees you have in your plan- are there any that you’re paying for that you’re not using? Cancel them.

House or cell phone?

Some people, typically housewives or other people, who spend most of their day in the same place, where they’re reachable by a landline, trying to save money, decide to go without a cell phone, or have a Tracfone on hand for emergencies. Other people, realizing that they’re rarely in one place for long and need a cell phone in order to be reachable at all, opt out of having a landline entirely. Everyone needs to look at their own life and decide if either of these options are good for them- don’t assume, for example, when someone tells you that it’s cheaper to go without a landline, that it necessarily is true for you- do the math, crunch the numbers, and then decide. If going without one or the other is impossible for you, see if you can have both, but make the one you don’t use much a no frills line. Just for an example, your no frills line could be a no long distance fixed line or a pay per minute cell phone.

Cheaper Times and Calls.

Different companies and services offer cheaper rates to specific types of phones or at specific times. Find out when and what those are with your provider. If you have free or cheaper rates for nights and weekends, try to schedule non urgent calls for them. If calling a cell phone is cheaper for you, do that when possible, and if calling a landline is cheaper, do that as well.

Internet to Communicate.

Consider purchasing a Magic Jack- with a one-time fee, you can have an internet based phone line with free calls to anywhere in the US (no matter where you live!) for life. If you and the person you’re trying to reach has Skype, you can call each other (video call even) for free. Or if you need to send a quick message to someone, instead of phoning, email.

Yes, the phones are necessary today. But is that big bill? No way. Penny is a mother who abides by a strict budget and shares her frugal, money saving strategies on her blog, Penniless Parenting. When she’s not busy trying out a new gluten free recipe or chasing her toddler around, Penny contributes her tips on how to live a rich life on a minimum wage on the CareOne Debt Relief Services blog, a company which provides debt consolidation.

How to Achieve Cheaper Phone Bills

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Thursday, 11 April 2013

When Will the Next Devaluation Hit the US Taxpayer?

Next Devaluation Hit the US Taxpayer

As the United States continues towards another budget deficit of over one trillion dollars with the Federal Reserve buying the majority of its debt as not enough investors can be found as purchasers at such low interest rates, records are paradoxically being set by the major stock indices with The Greenback strengthening. The first quarter of 2013 was a record one for gains for the stock markets. The new year also featured 27 American companies with a better credit rating than the United States Government.

While that is certainly better than the 55 who were adjudged by the market to be less likely to default than the federal government after the United States was downgraded by Standard & Poor’s in August 2011, it does bring to bear the matter of when the Federal Reserve will begin to trim its efforts so that the financial markets across the globe can return back to normal trading patterns. There used to be established co-relations, particularly between commodities such as copper and gold, which has now been mutated by the unprecedented torrents of liquidity flowing from the opening of the floodgates by the Federal Reserve, Bank of England, Bank of Japan and others around the world.

Even Beijing, with over $3.2 trillion in foreign reserves, initiated a $156 billion stimulus package last autumn to invigorate its economy.
While there does not seem to be a limit to how high the stock indices can rise at the present period, as former Secretary of State and Secretary of Labor George Schultz noted in a Wall Street Journal interview, there is a limit to how much the Federal Reserve can borrow. Due to its unprecedented buying of Treasury bonds, the asset sheet of the Federal Reserve has expanded from around $700 billion in 2007 to over $3 trillion, at present. With about $80 billion more in assets being purchased every month, the $4 trillion mark should be eclipsed this year.

That will total more than one-quarter of the gross domestic product of the United States. Eventually the trillions being held on the Federal Reserve balance sheet must be redeemed. Operation Twist was an effort at this in exchanging short-term debt for long term securities.

In doing that, the US taxpayer was the victim of devaluation as the higher value short-term debt was swapped for the lower value long-term debt. If there were any buyers for the long-term debt on the Federal Reserve’s balance sheet, it would have been sold in the open market, not swapped for the short-term securities. Since no purchasers could be found to buy long term bonds at such artificially low interest rates, the American taxpayer took the hit.

This specter is looming as securities held on the Federal Reserve balance sheet will eventually have to be moved back into the private financial system. So far, there swaps with other central banks have delayed this. But with the balance sheet of the Federal Reserve increasing by one trillion dollars annually, this tactic too will eventually be overwhelmed by the sheer quantity of dollar assets that have to be moved. Eventually and inevitably, this will only be able to be accomplished with higher interest rates attracting buyers who, up until now, have not been interested.

Author:  Marcus Holland is the editor of – a new but fast growing education resource.

Next Devaluation Hit the US Taxpayer

Thursday, 4 April 2013

HDFC FMP 366D April 2013 (1)-New HDFC Mutual Fund

HDFC FMP 366D April 2013 (1)HDFC Mutual Fund launched today a new close ended Income Fund. This is a Fixed Maturity Plan with the name HDFC FMP 366D April 2013 (1). The investment objective of the mutual fund is to to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).

The New Fund Offer of the HDFC FMP 366D April 2013 (1)  opens on 04th April, 2013 and the issue closes on 08th April, 2013.

Offer pirce of a single unit is Rs. 10 the minimum required investment is Rs. 5000. There is no entry load or exit load for this close ended HDFC FMP 366D April 2013 (1).

Those who wish to invest in the HDFC FMP 366D April 2013 (1) or similar schemes we strongly recommend to read the scheme information document

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