Daily Coupon USA

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Daily Coupon USA - My Wordpress Blog


Saving is no longer as simple as keeping all your coinage in a jar on the mantelpiece or storing cash in the mattress. The world has become a technologically and economically complex place. Whilst the earliest forms of insurance, relating to business risk and retirement, date as far back as the Chinese in the 3rd century BCE, the methods of payment and options available were limited. A once off payment was all that was needed and you could get up to double your money back.
Digital technology and our diverse economic systems and policies have increased our options both for investment and for risk protection. This is an arena that is constantly changing, growing rapidly and needs to be monitored regularly – which is one reason for having your own financial planner!
Regardless of how your portfolio looks, there are some standard principles to employ when saving for the future:

Step 1. Having a budget

The first step in saving money is to ensure that you know where you are spending your money. Draft a budget. This can be a simple document that shows your inflows on the one side and all your outflows on the other side. Now your goal is to reduce your debt payments, by paying off your most expensive (highest interest rate) debt first. Budgeting is crucial to creating a sustainable investment plan and to ensure that you are saving enough for the future. If you need help with this, go to my contact page and let’s hook up!

Step 2. Choosing your investment options

Now that you have some disposable income and less debt, you need to investigate all the options that are available. Meeting with me will help you find the products that are best suited to your needs. These products vary in length, access to funds, return on your investment and the fees that are involved. If your your saving goal is less than 12 months, then look to your bank and make use of their products. The longer you want to invest for opens up opportunities to make use of Exchange Traded Funds, Unit Trusts as well as Property, Endowments and Retirement Annuities.

Step 3. Protect yourself.

I know! It’s strange to mention insurance in an article about savings but it is really important. If you are not able to earn your income, you are unable to maintain your saving goals and the investments that you have put in place. It’s a good idea to speak to me review your entire portfolio every year, to ensure that you are getting the best cover for your money.
And that’s it in a nutshell! Remember, the more we talk, the higher your chance of making wise choices around the future of your earnings to provide for yourself and your family!
source: http://www.richideas.co.za/p/saving-is-no-longer-as-simple-as.html

Americans have limited options when it comes to saving money

Broke and barely paying their bills, most Americans have to ignore pleas to save more. No wonder the US savings rate has plunged to historic lows, experts say.

Only about one-third of Americans are living within their means and with their long-term financial future assured, according to Stephen Brobeck, executive director of the Consumer Federation of America (CFA).

financial calculationsThe savings crisis cuts across a wide swath of income groups and households — young, middle-aged and seniors. And last week a new CFA survey revealed that the majority are struggling to save.

“I can’t even consider saving,” Shelly Selin, an 80-year-old retiree who lives on Manhattan’s Upper East Side, told The Post. The former HR executive and his wife, who pay a $2,500 monthly mortgage, finance their retirement mostly from investments, annuities and Social Security. That’s before living expenses, including food and electricity, are factored in.

As a volunteer tax preparer with an active social life, Selin is alarmed at talk of saving. “Bank interest rates are at less than 1 percent, and I’ve heard stories of people saying, ‘I thought I had enough money in CDs, and now I don’t.’ They forget these CDs don’t pay any interest.”

These struggling savers are not alone. The United Way of Northern New Jersey charity has coined a new term, ALICE, for the vast population of low- and moderate-income households that are now sometimes a paycheck away from financial disaster.

For ALICE (Asset-Limited, Income-Constrained, Employed consumers), saving is often the last thing on their minds.

“They are barely getting by,” said Laura Bruno of the United Way of Northern New Jersey. “They are not able to put any more aside for savings, so if they have one emergency — [for example, if] the car breaks down — they can find themselves in real trouble.”

Despite today’s bank come-ons for new savers — $200 cash bonuses are one recent incentive — hard-core savers are scarce.

As shoppers rushed to the mall this past Christmas, the savings rate (the percentage of disposable income households are putting aside) declined to an 11-month low of 3.9 percent.

Analysts are not surprised. “The American government strongly believes that people should spend as much money as they get,” said bank analyst Dick Bove of Rafferty Capital Markets.

Source : http://nypost.com/2014/03/01/americans-have-limited-options-when-it-comes-to-saving-money/

Solar Power System Costs

“What will it cost to go solar” is the burning question on most people’s minds. The real cost of your solar power system is the difference between your savings and your investment.

And, since solar power costs less than energy from your utility company, your return begins immediately. A properly-sized system is your key to getting the most return on your investment now and in the future. Our experienced solar consultants calculate roof or ground space, orientation, shading, tilt, sun peak hours and energy usage to determine the exact size of system for the
best return.

Cost-effective $0 down leasing options are available with attractive terms as low as $85 per month. The difference between what you were paying to your utility and your monthly solar cost is savings to you.

With a low, fixed monthly payment, your savings begin immediately and increase each year as you offset the rising cost of electric rate inflation.
When purchasing a system, the average homeowner recovers their investment in approximately 5-7 years and then produces FREE electricity for the remaining life of the panels. Solar panels are warranted for 25 years but are known to last for decades longer.

The money you save each month allows you to recover your investment quickly.

The payments on financing can also be less than what you would pay to PG&E, which creates positive cash flow from day one, when you turn on your solar power system.
There are variables for each system that determine system costs, which are outlined below. But some of these factors can be controlled by your usage patterns as we see with time-of-use metering.

Time-of-use Metering

Increase your savings with a smaller system.

Time-of-use metering allows you to significantly reduce your energy bills so that you can realize a greater benefit from a smaller-sized system. This is done by timing your energy use so that the energy consumed is billed at a lower rate than the energy produced.

Incentives & Rebates

Federal and State rebates, credits and grants.

The state and federal governments encourage residents to use non-polluting renewable energy by offering incentives that lower the cost of installing solar power in homes and businesses. Realize significant savings with Federal tax credits, State rebates and cash grants.


Other Variables Effecting Solar Installation Costs

Energy usage. Start with your energy consumption. You can get a copy of your usage from PG&E. Take a look at your monthly kW numbers. This is the approximate amount of solar you will need to produce to zero out or reduce your bill, taking into consideration variations in weather, time of year, etc.

Sun exposure. Solar Panels perform at optimum capacity when placed in direct sunlight. Your photovoltaic array should be positioned directly under the noontime sun for maximum efficiency from your photovoltaic unit. A properly designed system will provide optimal energy output.

Equipment. Not all solar panels are equal. Some have a higher efficiency rating and produce more energy per panel. This is especially important if you have limited available roof space. You will realize more energy production from fewer panels. Solar Technologies offers the most efficient solar panels on the planet.

Financing. Finance your system for less than you pay to your utility company with attractive solar loans or home equity loans, or lease your system for $0 down as low as $85 per month. The SunPower solar lease provides the best equipment and the best terms on the market.

Article Source: http://solartechnologies.com/cm/About-Solar-Power/solar-power-costs.html