For the love of Home Ownership

Easy to say and yes I am happy, actually I am ecstatic that I finally entered the home owner elite. Well it seems that way at the moment even though I know we are no more elite than anyone else. In actual fact nothing has really changed. I have to pay money to someone else every month for the privileged of staying in a house. I do not like where I am going with this. I love my new house, all mine now I need to make it my own. The mortgage and insurance are taken care of and I have my new carpets arriving next week so all is well.

Thursday, June 25, 2009

The Super Hero Of Finance: Three Instances Where A Debit Card Can Save The Day.

By Matilda Vivery

A debit card is an easy way to access your money from your bank account. You can use a debit card to send money, receive money, retrieve money, transfer money and deposit money. In fact, with a debit card, you can easily have access to all your banking needs without actually having to visit a bank.

Anything could happen when you travel across the world - you could lose your passport (hey, it happens!); you could lose your plane ticket home (yes, that happens too); or you could lose your sense of budgeting and simply spend your last 100$ on a big night at the pub. Whatever the reason, with a debit card, you can easily receive money from home.

First of all, a debit card is one of the easiest ways to send or receive money from home. If you are planning on traveling overseas, you really never know when you might need some extra money.

There are so many things that can go wrong overseas. You could get sick; you could break a bone; you could lose your wallet (or your passport); you could get on the wrong train and end up way off course.

However, this is all part of the adventure.

Finally, a debit card acts as a great budgeting training bra for kids. Children need to learn about the importance of budgeting when they are young which is why a debit card is such a great learning tool. One of the best options is a prepaid credit card which acts like a debit card but works anywhere a credit card does, including online and oversees. Your child will only be able to spend what he has and you dont have to worry about the credit charges at the end of the month.

Another way debit cards can save the day is when you need to send money back home. If you are working overseas as a foreign worker, you can transfer money back home through an international money transfer for a fraction of the cost of a money order and a fraction of the time as well.

And, finally, a debit card is a great way to teach kids about the responsibilities of having money. Whether your kid just got his first job or is going off to college, using a debit card, or a prepaid credit card (which works like a debit card but is accepted anywhere a credit card is), they will learn how to budget their money. After all, once the money is gone, its gone. There is no line of credit with a debit card, and thus, there are no fears or stress about going into debt.

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